Filed: 10/31/2022ACC: 0001085146-22-003672
📋 What this filing means
WELCH & FORBES LLC filed this quarterly 13F‑HR report disclosing 370 equity positions with a total reported market value of $5.12M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
370
Positions
$5.12M
Total AUM (reported)
46.42M
Total Shares
Allocation by class
COM$4.21M82.2%
COM CL A$138.8K2.7%
CAP STK CL C$115.1K2.2%
CL A$91.8K1.8%
UTSER1 S&PDCRP$64.5K1.3%
CAP STK CL A$44.7K0.9%
COM NEW$44.4K0.9%
Portfolio Concentration
Top 3$647.2K12.6%
4–10$877.2K17.1%
11–25$1.16M22.7%
Rest$2.44M47.6%
Top 3 weight
12.6%
Top 10 weight
29.8%
Voting Authority Distribution
Total shares with voting rights: 46.42M
Sole
Full voting authority
38.21M
shares
% of voting shares82.3%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
8.21M
shares
% of voting shares17.7%
Investment Discretion (by position count)
Sole341
Shared0
Other29
Dominant voting typeSole · 82.3% of voting shares
Institutional Holdings370
Rows:
APPLE INC
OTRShares1.86M
TypeSH
Market value$256.4K
5.01%
Sole
1.58M
Shared
0.00
None
272.65K
MICROSOFT CORP
OTRShares921.59K
TypeSH
Market value$214.6K
4.19%
Sole
783.04K
Shared
0.00
None
138.56K
DANAHER CORPORATION
SOLEShares681.97K
TypeSH
Market value$176.1K
3.44%
Sole
591.90K
Shared
0.00
None
90.08K
OREILLY AUTOMOTIVE INC
SOLEShares228.22K
TypeSH
Market value$160.5K
3.13%
Sole
192.79K
Shared
0.00
None
35.42K
VISA INC
OTRShares779.50K
TypeSH
Market value$138.5K
2.70%
Sole
657.51K
Shared
0.00
None
121.98K
JOHNSON & JOHNSON
OTRShares801.31K
TypeSH
Market value$130.9K
2.56%
Sole
678.55K
Shared
0.00
None
122.76K
HOME DEPOT INC
SOLEShares442.18K
TypeSH
Market value$122.0K
2.38%
Sole
371.76K
Shared
0.00
None
70.42K
ALPHABET INC
SOLEShares1.20M
TypeSH
Market value$115.1K
2.25%
Sole
975.35K
Shared
0.00
None
221.47K
STRYKER CORPORATION
SOLEShares535.64K
TypeSH
Market value$108.5K
2.12%
Sole
455.91K
Shared
0.00
None
79.73K
PROCTER AND GAMBLE CO
SOLEShares805.90K
TypeSH
Market value$101.7K
1.99%
Sole
704.33K
Shared
0.00
None
101.57K
PEPSICO INC
SOLEShares598.06K
TypeSH
Market value$97.6K
1.91%
Sole
502.82K
Shared
0.00
None
95.23K
RAYTHEON TECHNOLOGIES CORP
SOLEShares1.15M
TypeSH
Market value$94.3K
1.84%
Sole
939.35K
Shared
0.00
None
212.53K
ANSYS INC
OTRShares425.13K
TypeSH
Market value$94.3K
1.84%
Sole
398.77K
Shared
0.00
None
26.35K
FISERV INC
OTRShares927.74K
TypeSH
Market value$86.8K
1.70%
Sole
742.45K
Shared
0.00
None
185.28K
COSTCO WHSL CORP NEW
SOLEShares170.77K
TypeSH
Market value$80.6K
1.57%
Sole
156.26K
Shared
0.00
None
14.51K
JPMORGAN CHASE & CO
OTRShares735.64K
TypeSH
Market value$76.9K
1.50%
Sole
584.54K
Shared
0.00
None
151.10K
CHUBB LIMITED
SOLEShares410.42K
TypeSH
Market value$74.6K
1.46%
Sole
329.92K
Shared
0.00
None
80.50K
MCDONALDS CORP
SOLEShares323.23K
TypeSH
Market value$74.6K
1.46%
Sole
260.39K
Shared
0.00
None
62.84K
METTLER TOLEDO INTERNATIONAL
SOLEShares67.40K
TypeSH
Market value$73.1K
1.43%
Sole
62.23K
Shared
0.00
None
5.17K
NVIDIA CORPORATION
SOLEShares585.36K
TypeSH
Market value$71.1K
1.39%
Sole
467.08K
Shared
0.00
None
118.28K
ROPER TECHNOLOGIES INC
SOLEShares194.77K
TypeSH
Market value$70.0K
1.37%
Sole
153.98K
Shared
0.00
None
40.79K
RESMED INC
SOLEShares312.39K
TypeSH
Market value$68.2K
1.33%
Sole
238.11K
Shared
0.00
None
74.28K
CARMAX INC
OTRShares1.02M
TypeSH
Market value$67.3K
1.31%
Sole
858.47K
Shared
0.00
None
160.57K
ECOLAB INC
OTRShares457.90K
TypeSH
Market value$66.1K
1.29%
Sole
377.19K
Shared
0.00
None
80.72K
SPDR S&P MIDCAP 400 ETF TR
SOLEShares160.69K
TypeSH
Market value$64.5K
1.26%
Sole
130.63K
Shared
0.00
None
30.06K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
APPLE INCOTR | COM | 1.86M | SH | $256.4K 5.01% | 1.58M | 0.00 | 272.65K |
MICROSOFT CORPOTR | COM | 921.59K | SH | $214.6K 4.19% | 783.04K | 0.00 | 138.56K |
DANAHER CORPORATIONSOLE | COM | 681.97K | SH | $176.1K 3.44% | 591.90K | 0.00 | 90.08K |
OREILLY AUTOMOTIVE INCSOLE | COM | 228.22K | SH | $160.5K 3.13% | 192.79K | 0.00 | 35.42K |
VISA INCOTR | COM CL A | 779.50K | SH | $138.5K 2.70% | 657.51K | 0.00 | 121.98K |
JOHNSON & JOHNSONOTR | COM | 801.31K | SH | $130.9K 2.56% | 678.55K | 0.00 | 122.76K |
HOME DEPOT INCSOLE | COM | 442.18K | SH | $122.0K 2.38% | 371.76K | 0.00 | 70.42K |
ALPHABET INCSOLE | CAP STK CL C | 1.20M | SH | $115.1K 2.25% | 975.35K | 0.00 | 221.47K |
STRYKER CORPORATIONSOLE | COM | 535.64K | SH | $108.5K 2.12% | 455.91K | 0.00 | 79.73K |
PROCTER AND GAMBLE COSOLE | COM | 805.90K | SH | $101.7K 1.99% | 704.33K | 0.00 | 101.57K |
PEPSICO INCSOLE | COM | 598.06K | SH | $97.6K 1.91% | 502.82K | 0.00 | 95.23K |
RAYTHEON TECHNOLOGIES CORPSOLE | COM | 1.15M | SH | $94.3K 1.84% | 939.35K | 0.00 | 212.53K |
ANSYS INCOTR | COM | 425.13K | SH | $94.3K 1.84% | 398.77K | 0.00 | 26.35K |
FISERV INCOTR | COM | 927.74K | SH | $86.8K 1.70% | 742.45K | 0.00 | 185.28K |
COSTCO WHSL CORP NEWSOLE | COM | 170.77K | SH | $80.6K 1.57% | 156.26K | 0.00 | 14.51K |
JPMORGAN CHASE & COOTR | COM | 735.64K | SH | $76.9K 1.50% | 584.54K | 0.00 | 151.10K |
CHUBB LIMITEDSOLE | COM | 410.42K | SH | $74.6K 1.46% | 329.92K | 0.00 | 80.50K |
MCDONALDS CORPSOLE | COM | 323.23K | SH | $74.6K 1.46% | 260.39K | 0.00 | 62.84K |
METTLER TOLEDO INTERNATIONALSOLE | COM | 67.40K | SH | $73.1K 1.43% | 62.23K | 0.00 | 5.17K |
NVIDIA CORPORATIONSOLE | COM | 585.36K | SH | $71.1K 1.39% | 467.08K | 0.00 | 118.28K |
ROPER TECHNOLOGIES INCSOLE | COM | 194.77K | SH | $70.0K 1.37% | 153.98K | 0.00 | 40.79K |
RESMED INCSOLE | COM | 312.39K | SH | $68.2K 1.33% | 238.11K | 0.00 | 74.28K |
CARMAX INCOTR | COM | 1.02M | SH | $67.3K 1.31% | 858.47K | 0.00 | 160.57K |
ECOLAB INCOTR | COM | 457.90K | SH | $66.1K 1.29% | 377.19K | 0.00 | 80.72K |
SPDR S&P MIDCAP 400 ETF TRSOLE | UTSER1 S&PDCRP | 160.69K | SH | $64.5K 1.26% | 130.63K | 0.00 | 30.06K |
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