Filed: 8/2/2024ACC: 0001085146-24-003427
📋 What this filing means
WELCH & FORBES LLC filed this quarterly 13F‑HR report disclosing 366 equity positions with a total reported market value of $7.49B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
366
Positions
$7.49B
Total AUM (reported)
54.89M
Total Shares
Allocation by class
COM$6.24B83.3%
CAP STK CL C$225.32M3.0%
COM CL A$199.60M2.7%
CL A$149.07M2.0%
CAP STK CL A$84.93M1.1%
UTSER1 S&PDCRP$74.33M1.0%
SHS$54.92M0.7%
Portfolio Concentration
Top 3$1.37B18.3%
4–10$1.27B16.9%
11–25$1.70B22.7%
Rest$3.15B42.1%
Top 3 weight
18.3%
Top 10 weight
35.2%
Voting Authority Distribution
Total shares with voting rights: 54.89M
Sole
Full voting authority
45.58M
shares
% of voting shares83.1%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
9.30M
shares
% of voting shares16.9%
Investment Discretion (by position count)
Sole366
Shared0
Other0
Dominant voting typeSole · 83.1% of voting shares
Institutional Holdings366
Rows:
NVIDIA CORPORATION
SOLEShares4.23M
TypeSH
Market value$549.10M
7.33%
Sole
3.49M
Shared
0.00
None
741.86K
MICROSOFT CORP
SOLEShares911.11K
TypeSH
Market value$416.47M
5.56%
Sole
757.56K
Shared
0.00
None
153.55K
APPLE INC
SOLEShares1.79M
TypeSH
Market value$402.58M
5.37%
Sole
1.49M
Shared
0.00
None
296.15K
ALPHABET INC
SOLEShares1.19M
TypeSH
Market value$225.32M
3.01%
Sole
966.44K
Shared
0.00
None
226.57K
OREILLY AUTOMOTIVE INC
SOLEShares205.07K
TypeSH
Market value$209.72M
2.80%
Sole
173.59K
Shared
0.00
None
31.48K
VISA INC
SOLEShares751.63K
TypeSH
Market value$199.08M
2.66%
Sole
629.33K
Shared
0.00
None
122.30K
STRYKER CORPORATION
SOLEShares519.64K
TypeSH
Market value$174.83M
2.33%
Sole
438.93K
Shared
0.00
None
80.71K
DANAHER CORPORATION
SOLEShares678.14K
TypeSH
Market value$163.77M
2.19%
Sole
582.38K
Shared
0.00
None
95.77K
COSTCO WHSL CORP NEW
SOLEShares169.81K
TypeSH
Market value$149.90M
2.00%
Sole
157.96K
Shared
0.00
None
11.85K
JPMORGAN CHASE & CO.
SOLEShares709.19K
TypeSH
Market value$146.35M
1.95%
Sole
563.87K
Shared
0.00
None
145.32K
HOME DEPOT INC
SOLEShares430.48K
TypeSH
Market value$145.70M
1.94%
Sole
357.20K
Shared
0.00
None
73.28K
FISERV INC
SOLEShares904.89K
TypeSH
Market value$136.28M
1.82%
Sole
719.56K
Shared
0.00
None
185.33K
PROCTER AND GAMBLE CO
SOLEShares797.07K
TypeSH
Market value$131.95M
1.76%
Sole
680.25K
Shared
0.00
None
116.82K
ANSYS INC
SOLEShares400.55K
TypeSH
Market value$130.90M
1.75%
Sole
375.99K
Shared
0.00
None
24.56K
ELI LILLY & CO
SOLEShares137.44K
TypeSH
Market value$127.93M
1.71%
Sole
132.45K
Shared
0.00
None
5K
RTX CORPORATION
SOLEShares1.18M
TypeSH
Market value$119.28M
1.59%
Sole
941.27K
Shared
0.00
None
240.37K
ECOLAB INC
SOLEShares472.25K
TypeSH
Market value$113.94M
1.52%
Sole
380.30K
Shared
0.00
None
91.95K
ROPER TECHNOLOGIES INC
SOLEShares199.72K
TypeSH
Market value$110.60M
1.48%
Sole
157.21K
Shared
0.00
None
42.51K
JOHNSON & JOHNSON
SOLEShares716.19K
TypeSH
Market value$105.19M
1.40%
Sole
588.32K
Shared
0.00
None
127.87K
CHUBB LIMITED
SOLEShares409.54K
TypeSH
Market value$103.93M
1.39%
Sole
322.16K
Shared
0.00
None
87.38K
WATSCO INC
SOLEShares216.97K
TypeSH
Market value$103.10M
1.38%
Sole
199.91K
Shared
0.00
None
17.07K
AMAZON COM INC
SOLEShares487.66K
TypeSH
Market value$96.06M
1.28%
Sole
322.12K
Shared
0.00
None
165.55K
VERTEX PHARMACEUTICALS INC
SOLEShares194.90K
TypeSH
Market value$94.29M
1.26%
Sole
179.32K
Shared
0.00
None
15.58K
PEPSICO INC
SOLEShares575.13K
TypeSH
Market value$93.47M
1.25%
Sole
471.81K
Shared
0.00
None
103.32K
TJX COS INC NEW
SOLEShares800.71K
TypeSH
Market value$89.62M
1.20%
Sole
739.91K
Shared
0.00
None
60.79K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 4.23M | SH | $549.10M 7.33% | 3.49M | 0.00 | 741.86K |
MICROSOFT CORPSOLE | COM | 911.11K | SH | $416.47M 5.56% | 757.56K | 0.00 | 153.55K |
APPLE INCSOLE | COM | 1.79M | SH | $402.58M 5.37% | 1.49M | 0.00 | 296.15K |
ALPHABET INCSOLE | CAP STK CL C | 1.19M | SH | $225.32M 3.01% | 966.44K | 0.00 | 226.57K |
OREILLY AUTOMOTIVE INCSOLE | COM | 205.07K | SH | $209.72M 2.80% | 173.59K | 0.00 | 31.48K |
VISA INCSOLE | COM CL A | 751.63K | SH | $199.08M 2.66% | 629.33K | 0.00 | 122.30K |
STRYKER CORPORATIONSOLE | COM | 519.64K | SH | $174.83M 2.33% | 438.93K | 0.00 | 80.71K |
DANAHER CORPORATIONSOLE | COM | 678.14K | SH | $163.77M 2.19% | 582.38K | 0.00 | 95.77K |
COSTCO WHSL CORP NEWSOLE | COM | 169.81K | SH | $149.90M 2.00% | 157.96K | 0.00 | 11.85K |
JPMORGAN CHASE & CO.SOLE | COM | 709.19K | SH | $146.35M 1.95% | 563.87K | 0.00 | 145.32K |
HOME DEPOT INCSOLE | COM | 430.48K | SH | $145.70M 1.94% | 357.20K | 0.00 | 73.28K |
FISERV INCSOLE | COM | 904.89K | SH | $136.28M 1.82% | 719.56K | 0.00 | 185.33K |
PROCTER AND GAMBLE COSOLE | COM | 797.07K | SH | $131.95M 1.76% | 680.25K | 0.00 | 116.82K |
ANSYS INCSOLE | COM | 400.55K | SH | $130.90M 1.75% | 375.99K | 0.00 | 24.56K |
ELI LILLY & COSOLE | COM | 137.44K | SH | $127.93M 1.71% | 132.45K | 0.00 | 5K |
RTX CORPORATIONSOLE | COM | 1.18M | SH | $119.28M 1.59% | 941.27K | 0.00 | 240.37K |
ECOLAB INCSOLE | COM | 472.25K | SH | $113.94M 1.52% | 380.30K | 0.00 | 91.95K |
ROPER TECHNOLOGIES INCSOLE | COM | 199.72K | SH | $110.60M 1.48% | 157.21K | 0.00 | 42.51K |
JOHNSON & JOHNSONSOLE | COM | 716.19K | SH | $105.19M 1.40% | 588.32K | 0.00 | 127.87K |
CHUBB LIMITEDSOLE | COM | 409.54K | SH | $103.93M 1.39% | 322.16K | 0.00 | 87.38K |
WATSCO INCSOLE | COM | 216.97K | SH | $103.10M 1.38% | 199.91K | 0.00 | 17.07K |
AMAZON COM INCSOLE | COM | 487.66K | SH | $96.06M 1.28% | 322.12K | 0.00 | 165.55K |
VERTEX PHARMACEUTICALS INCSOLE | COM | 194.90K | SH | $94.29M 1.26% | 179.32K | 0.00 | 15.58K |
PEPSICO INCSOLE | COM | 575.13K | SH | $93.47M 1.25% | 471.81K | 0.00 | 103.32K |
TJX COS INC NEWSOLE | COM | 800.71K | SH | $89.62M 1.20% | 739.91K | 0.00 | 60.79K |
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