Filed: 5/1/2026ACC: 0000105495-26-000002
📋 What this filing means
WELCH & FORBES LLC filed this quarterly 13F‑HR report disclosing 368 equity positions with a total reported market value of $7.73B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
368
Positions
$7.73B
Total AUM (reported)
45.32M
Total Shares
Allocation by class
COM$6.26B80.9%
CAP STK CL C$336.30M4.3%
COM CL A$217.74M2.8%
CAP STK CL A$117.74M1.5%
UTSER1 S&PDCRP$99.64M1.3%
CL A$97.63M1.3%
VAN FTSE DEV MKT$62.18M0.8%
Portfolio Concentration
Top 3$1.30B16.8%
4–10$1.54B19.9%
11–25$1.76B22.8%
Rest$3.13B40.5%
Top 3 weight
16.8%
Top 10 weight
36.7%
Voting Authority Distribution
Total shares with voting rights: 45.32M
Sole
Full voting authority
36.16M
shares
% of voting shares79.8%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
9.17M
shares
% of voting shares20.2%
Investment Discretion (by position count)
Sole368
Shared0
Other0
Dominant voting typeSole · 79.8% of voting shares
Institutional Holdings368
Rows:
NVIDIA CORPORATION
SOLEShares3.10M
TypeSH
Market value$540.01M
6.98%
Sole
2.57M
Shared
0.00
None
523.86K
APPLE INC
SOLEShares1.68M
TypeSH
Market value$426.34M
5.51%
Sole
1.38M
Shared
0.00
None
300.48K
ALPHABET INC
SOLEShares1.17M
TypeSH
Market value$336.30M
4.35%
Sole
938.72K
Shared
0.00
None
233.64K
MICROSOFT CORP
SOLEShares881.58K
TypeSH
Market value$326.34M
4.22%
Sole
720.80K
Shared
0.00
None
160.78K
OREILLY AUTOMOTIVE INC
SOLEShares2.83M
TypeSH
Market value$261.44M
3.38%
Sole
2.41M
Shared
0.00
None
420.50K
VISA INC
SOLEShares719.55K
TypeSH
Market value$217.48M
2.81%
Sole
601.65K
Shared
0.00
None
117.90K
RTX CORPORATION
SOLEShares1.09M
TypeSH
Market value$211.15M
2.73%
Sole
883K
Shared
0.00
None
211.59K
JPMORGAN CHASE & CO
SOLEShares652.91K
TypeSH
Market value$192.06M
2.48%
Sole
528.60K
Shared
0.00
None
124.31K
STRYKER CORPORATION
SOLEShares509.06K
TypeSH
Market value$167.27M
2.16%
Sole
425.25K
Shared
0.00
None
83.80K
COSTCO WHOLESALE CORPORATION
SOLEShares161.37K
TypeSH
Market value$160.79M
2.08%
Sole
150.34K
Shared
0.00
None
11.03K
JOHNSON & JOHNSON
SOLEShares657.53K
TypeSH
Market value$160.73M
2.08%
Sole
528.27K
Shared
0.00
None
129.25K
ELI LILLY & CO
SOLEShares168.24K
TypeSH
Market value$154.74M
2.00%
Sole
144.01K
Shared
0.00
None
24.22K
HOME DEPOT INC
SOLEShares428.69K
TypeSH
Market value$140.99M
1.82%
Sole
349.81K
Shared
0.00
None
78.88K
CHUBB LTD SWITZ
SOLEShares386.76K
TypeSH
Market value$126.06M
1.63%
Sole
299.06K
Shared
0.00
None
87.70K
ECOLAB INC
SOLEShares470.44K
TypeSH
Market value$125.15M
1.62%
Sole
375.32K
Shared
0.00
None
95.12K
TJX COS INC NEW
SOLEShares771.98K
TypeSH
Market value$123.28M
1.59%
Sole
720.35K
Shared
0.00
None
51.62K
AMAZON COM INC
SOLEShares567.97K
TypeSH
Market value$118.29M
1.53%
Sole
384.54K
Shared
0.00
None
183.43K
ALPHABET INC
SOLEShares409.44K
TypeSH
Market value$117.74M
1.52%
Sole
366.26K
Shared
0.00
None
43.19K
DANAHER CORP DEL
SOLEShares612.66K
TypeSH
Market value$116.16M
1.50%
Sole
572.56K
Shared
0.00
None
40.10K
PROCTER & GAMBLE CO
SOLEShares763.85K
TypeSH
Market value$110.33M
1.43%
Sole
632.55K
Shared
0.00
None
131.30K
STATE STR SPDR S&P MIDCAP 40
SOLEShares161.55K
TypeSH
Market value$99.64M
1.29%
Sole
103.22K
Shared
0.00
None
58.33K
VERTEX PHARMACEUTICALS INC
SOLEShares219.67K
TypeSH
Market value$98.09M
1.27%
Sole
177.47K
Shared
0.00
None
42.20K
IDEXX LABS INC
SOLEShares168.18K
TypeSH
Market value$94.50M
1.22%
Sole
165.03K
Shared
0.00
None
3.15K
MCDONALDS CORP
SOLEShares303.99K
TypeSH
Market value$94.48M
1.22%
Sole
228.91K
Shared
0.00
None
75.08K
CHEVRON CORPORATION
SOLEShares400.54K
TypeSH
Market value$82.87M
1.07%
Sole
209.84K
Shared
0.00
None
190.70K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 3.10M | SH | $540.01M 6.98% | 2.57M | 0.00 | 523.86K |
APPLE INCSOLE | COM | 1.68M | SH | $426.34M 5.51% | 1.38M | 0.00 | 300.48K |
ALPHABET INCSOLE | CAP STK CL C | 1.17M | SH | $336.30M 4.35% | 938.72K | 0.00 | 233.64K |
MICROSOFT CORPSOLE | COM | 881.58K | SH | $326.34M 4.22% | 720.80K | 0.00 | 160.78K |
OREILLY AUTOMOTIVE INCSOLE | COM | 2.83M | SH | $261.44M 3.38% | 2.41M | 0.00 | 420.50K |
VISA INCSOLE | COM CL A | 719.55K | SH | $217.48M 2.81% | 601.65K | 0.00 | 117.90K |
RTX CORPORATIONSOLE | COM | 1.09M | SH | $211.15M 2.73% | 883K | 0.00 | 211.59K |
JPMORGAN CHASE & COSOLE | COM | 652.91K | SH | $192.06M 2.48% | 528.60K | 0.00 | 124.31K |
STRYKER CORPORATIONSOLE | COM | 509.06K | SH | $167.27M 2.16% | 425.25K | 0.00 | 83.80K |
COSTCO WHOLESALE CORPORATIONSOLE | COM | 161.37K | SH | $160.79M 2.08% | 150.34K | 0.00 | 11.03K |
JOHNSON & JOHNSONSOLE | COM | 657.53K | SH | $160.73M 2.08% | 528.27K | 0.00 | 129.25K |
ELI LILLY & COSOLE | COM | 168.24K | SH | $154.74M 2.00% | 144.01K | 0.00 | 24.22K |
HOME DEPOT INCSOLE | COM | 428.69K | SH | $140.99M 1.82% | 349.81K | 0.00 | 78.88K |
CHUBB LTD SWITZSOLE | COM | 386.76K | SH | $126.06M 1.63% | 299.06K | 0.00 | 87.70K |
ECOLAB INCSOLE | COM | 470.44K | SH | $125.15M 1.62% | 375.32K | 0.00 | 95.12K |
TJX COS INC NEWSOLE | COM | 771.98K | SH | $123.28M 1.59% | 720.35K | 0.00 | 51.62K |
AMAZON COM INCSOLE | COM | 567.97K | SH | $118.29M 1.53% | 384.54K | 0.00 | 183.43K |
ALPHABET INCSOLE | CAP STK CL A | 409.44K | SH | $117.74M 1.52% | 366.26K | 0.00 | 43.19K |
DANAHER CORP DELSOLE | COM | 612.66K | SH | $116.16M 1.50% | 572.56K | 0.00 | 40.10K |
PROCTER & GAMBLE COSOLE | COM | 763.85K | SH | $110.33M 1.43% | 632.55K | 0.00 | 131.30K |
STATE STR SPDR S&P MIDCAP 40SOLE | UTSER1 S&PDCRP | 161.55K | SH | $99.64M 1.29% | 103.22K | 0.00 | 58.33K |
VERTEX PHARMACEUTICALS INCSOLE | COM | 219.67K | SH | $98.09M 1.27% | 177.47K | 0.00 | 42.20K |
IDEXX LABS INCSOLE | COM | 168.18K | SH | $94.50M 1.22% | 165.03K | 0.00 | 3.15K |
MCDONALDS CORPSOLE | COM | 303.99K | SH | $94.48M 1.22% | 228.91K | 0.00 | 75.08K |
CHEVRON CORPORATIONSOLE | COM | 400.54K | SH | $82.87M 1.07% | 209.84K | 0.00 | 190.70K |
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