Welch & Forbes Llc
Institutional manager — quarterly 13F holdings, Q ending 2026-03-31
Reported value
$7.73B
Q ending 2026-03-31
Prior quarter
$8.25B
Q ending 2025-12-31
Change
-6.3% QoQ · +1.2% YoY
Positions
368
reported holdings
Largest positions
Top 100 of 368 reported positions by value, Q ending 2026-03-31. A manager can hold shares, calls and puts on the same security at once — such positions are listed as separate rows. Type: Shares = common stock, Put/Call = option positions (valued at the underlying), Principal = debt. Tickers link to stock pages where covered.
| Holding | Ticker | Type | Value ▼ | Shares |
|---|---|---|---|---|
| Nvidia Corporation | NVDA | Shares | $540.0M | 3.1M |
| Apple Inc | AAPL | Shares | $426.3M | 1.7M |
| Alphabet Inc | GOOG | Shares | $336.3M | 1.2M |
| Microsoft Corp | MSFT | Shares | $326.3M | 882K |
| Oreilly Automotive Inc | ORLY | Shares | $261.4M | 2.8M |
| Visa Inc | V | Shares | $217.5M | 720K |
| Rtx Corporation | RTX | Shares | $211.1M | 1.1M |
| Jpmorgan Chase & Co | JPM | Shares | $192.1M | 653K |
| Stryker Corporation | SYK | Shares | $167.3M | 509K |
| Costco Wholesale Corporation | COST | Shares | $160.8M | 161K |
| Johnson & Johnson | JNJ | Shares | $160.7M | 658K |
| Eli Lilly & Co | LLY | Shares | $154.7M | 168K |
| Home Depot Inc | HD | Shares | $141.0M | 429K |
| Chubb Ltd Switz | Shares | $126.1M | 387K | |
| Ecolab Inc | ECL | Shares | $125.1M | 470K |
| Tjx Cos Inc New | TJX | Shares | $123.3M | 772K |
| Amazon Com Inc | AMZN | Shares | $118.3M | 568K |
| Alphabet Inc | GOOGL | Shares | $117.7M | 409K |
| Danaher Corp Del | DHR | Shares | $116.2M | 613K |
| Procter & Gamble Co | PG | Shares | $110.3M | 764K |
| State Str Spdr S&P Midcap 40 | MDY | Shares | $99.6M | 162K |
| Vertex Pharmaceuticals Inc | VRTX | Shares | $98.1M | 220K |
| Idexx Labs Inc | IDXX | Shares | $94.5M | 168K |
| Mcdonalds Corp | MCD | Shares | $94.5M | 304K |
| Chevron Corporation | CVX | Shares | $82.9M | 401K |
| Ameriprise Finl Inc | AMP | Shares | $77.1M | 173K |
| Meta Platforms Inc | META | Shares | $76.6M | 134K |
| Watsco Inc | WSO | Shares | $76.3M | 210K |
| Abbvie Inc | ABBV | Shares | $74.7M | 344K |
| Broadcom Inc | AVGO | Shares | $74.7M | 241K |
| Mettler Toledo International | MTD | Shares | $74.2M | 59K |
| Resmed Inc | RMD | Shares | $73.3M | 326K |
| Iron Mtn Inc Del | IRM | Shares | $66.6M | 652K |
| Walmart Inc | WMT | Shares | $65.0M | 523K |
| Abbott Laboratories | ABT | Shares | $64.7M | 630K |
| Pepsico Inc | PEP | Shares | $64.6M | 416K |
| Roper Technologies Inc | ROP | Shares | $63.7M | 180K |
| Gallagher Arthur J & Co | AJG | Shares | $63.5M | 293K |
| Nextera Energy Inc | NEE | Shares | $62.7M | 675K |
| Vanguard Tax-Managed Fds | VEA | Shares | $62.2M | 970K |
| Berkshire Hathaway Inc Del | BRK/B | Shares | $56.3M | 118K |
| Lincoln Elec Hldgs Inc | LECO | Shares | $52.3M | 210K |
| Linde Plc | Shares | $52.2M | 105K | |
| Xylem Inc | XYL | Shares | $49.5M | 414K |
| Cisco Sys Inc | CSCO | Shares | $49.2M | 634K |
| Exxon Mobil Corp | XOM | Shares | $48.4M | 285K |
| Palo Alto Networks Inc | PANW | Shares | $48.2M | 301K |
| L3Harris Technologies Inc | LHX | Shares | $47.7M | 138K |
| Bank America Corp | BAC | Shares | $47.6M | 977K |
| Carlisle Cos Inc | CSL | Shares | $46.9M | 140K |
| Booking Holdings Inc | BKNG | Shares | $45.8M | 11K |
| Automatic Data Processing In | ADP | Shares | $45.5M | 224K |
| Thermo Fisher Scientific Inc | TMO | Shares | $43.7M | 89K |
| First Tr Exchange-Traded Fd | EMLP | Shares | $43.5M | 996K |
| Smith A O Corp | AOS | Shares | $38.2M | 580K |
| Merck & Co Inc | MRK | Shares | $38.2M | 317K |
| Church & Dwight Co Inc | CHD | Shares | $35.4M | 379K |
| Aflac Inc | AFL | Shares | $34.8M | 317K |
| Paychex Inc | PAYX | Shares | $33.4M | 362K |
| Verizon Communications Inc | VZ | Shares | $32.7M | 652K |
| Cintas Corp | CTAS | Shares | $32.2M | 190K |
| Dover Corp | DOV | Shares | $29.9M | 143K |
| Servicenow Inc | NOW | Shares | $29.8M | 285K |
| State Str Spdr S&P 500 Etf T | SPY | Shares | $29.7M | 46K |
| Gsk Plc | GSK | Shares | $28.6M | 519K |
| First Tr Exchange-Traded Fd | FTSL | Shares | $28.3M | 632K |
| Fiserv Inc | FISV | Shares | $28.3M | 506K |
| Equinix Inc | EQIX | Shares | $25.3M | 26K |
| American Express Co | AXP | Shares | $24.7M | 82K |
| Cummins Inc | CMI | Shares | $23.0M | 43K |
| Moodys Corp | MCO | Shares | $22.2M | 51K |
| Tractor Supply Co | TSCO | Shares | $21.6M | 478K |
| Coca Cola Co | KO | Shares | $21.4M | 281K |
| Otis Worldwide Corp | OTIS | Shares | $18.9M | 246K |
| Shopify Inc | SHOP | Shares | $18.2M | 154K |
| Omnicom Group Inc | OMC | Shares | $18.0M | 238K |
| Qualcomm Inc | QCOM | Shares | $17.8M | 138K |
| Carmax Inc | KMX | Shares | $17.7M | 427K |
| Ishares Tr | PFF | Shares | $17.7M | 585K |
| Ishares Tr | IJR | Shares | $17.5M | 141K |
| Vaneck Etf Trust | GDX | Shares | $17.2M | 187K |
| Oracle Corp | ORCL | Shares | $16.8M | 114K |
| Accenture Plc Ireland | Shares | $16.7M | 84K | |
| Uber Technologies Inc | UBER | Shares | $16.1M | 224K |
| Cognex Corp | CGNX | Shares | $15.8M | 323K |
| Emerson Elec Co | EMR | Shares | $14.5M | 110K |
| Edwards Lifesciences Corp | EW | Shares | $14.4M | 180K |
| Expeditors Intl Wash Inc | EXPD | Shares | $14.4M | 100K |
| Caterpillar Inc | CAT | Shares | $13.5M | 19K |
| Synopsys Inc | SNPS | Shares | $13.3M | 33K |
| Ge Aerospace | GE | Shares | $13.0M | 46K |
| International Business Machs | IBM | Shares | $13.0M | 53K |
| Netflix Inc. | NFLX | Shares | $11.4M | 118K |
| Ishares Tr | IVV | Shares | $11.1M | 17K |
| Marzetti Company | MZTI | Shares | $10.0M | 72K |
| Pfizer Inc | PFE | Shares | $9.7M | 347K |
| Ge Vernova Inc | GEV | Shares | $9.7M | 11K |
| Air Products And Chemicals I | APD | Shares | $9.7M | 33K |
| Novartis Ag | NVS | Shares | $8.8M | 58K |
| Amgen Inc | AMGN | Shares | $8.7M | 25K |
Values as reported in public regulatory filings (USD); holdings are reported quarterly, up to 45 days after quarter end, and may contain reporting errors. Nothing here is investment advice.