Filed: 11/4/2024ACC: 0001085146-24-005341
📋 What this filing means
WELCH & FORBES LLC filed this quarterly 13F‑HR report disclosing 373 equity positions with a total reported market value of $7.86B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
373
Positions
$7.86B
Total AUM (reported)
47.43M
Total Shares
Allocation by class
COM$6.57B83.6%
COM CL A$206.46M2.6%
CAP STK CL C$200.90M2.6%
CL A$163.98M2.1%
UTSER1 S&PDCRP$79.93M1.0%
CAP STK CL A$74.49M0.9%
SHS$59.57M0.8%
Portfolio Concentration
Top 3$1.31B16.6%
4–10$1.35B17.2%
11–25$1.78B22.6%
Rest$3.42B43.5%
Top 3 weight
16.6%
Top 10 weight
33.8%
Voting Authority Distribution
Total shares with voting rights: 47.43M
Sole
Full voting authority
37.78M
shares
% of voting shares79.6%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
9.65M
shares
% of voting shares20.4%
Investment Discretion (by position count)
Sole373
Shared0
Other0
Dominant voting typeSole · 79.6% of voting shares
Institutional Holdings373
Rows:
NVIDIA CORPORATION
SOLEShares4.14M
TypeSH
Market value$503.32M
6.41%
Sole
3.39M
Shared
0.00
None
750.42K
APPLE INC
SOLEShares1.77M
TypeSH
Market value$413.01M
5.26%
Sole
1.47M
Shared
0.00
None
307.19K
MICROSOFT CORP
SOLEShares909.53K
TypeSH
Market value$391.37M
4.98%
Sole
750.05K
Shared
0.00
None
159.48K
OREILLY AUTOMOTIVE INC
SOLEShares202.62K
TypeSH
Market value$233.34M
2.97%
Sole
170.76K
Shared
0.00
None
31.86K
VISA INC
SOLEShares749.31K
TypeSH
Market value$206.02M
2.62%
Sole
623.25K
Shared
0.00
None
126.05K
ALPHABET INC
SOLEShares1.20M
TypeSH
Market value$200.90M
2.56%
Sole
964.98K
Shared
0.00
None
236.66K
DANAHER CORPORATION
SOLEShares676.15K
TypeSH
Market value$187.98M
2.39%
Sole
577.06K
Shared
0.00
None
99.09K
STRYKER CORPORATION
SOLEShares519.72K
TypeSH
Market value$187.75M
2.39%
Sole
436.46K
Shared
0.00
None
83.26K
HOME DEPOT INC
SOLEShares430.98K
TypeSH
Market value$174.63M
2.22%
Sole
355.55K
Shared
0.00
None
75.43K
FISERV INC
SOLEShares896.59K
TypeSH
Market value$161.07M
2.05%
Sole
709.27K
Shared
0.00
None
187.33K
COSTCO WHSL CORP NEW
SOLEShares168.54K
TypeSH
Market value$149.41M
1.90%
Sole
156.34K
Shared
0.00
None
12.19K
JPMORGAN CHASE & CO.
SOLEShares702.48K
TypeSH
Market value$148.12M
1.89%
Sole
556.23K
Shared
0.00
None
146.25K
RTX CORPORATION
SOLEShares1.18M
TypeSH
Market value$142.55M
1.81%
Sole
929.20K
Shared
0.00
None
247.38K
PROCTER AND GAMBLE CO
SOLEShares793.77K
TypeSH
Market value$137.48M
1.75%
Sole
673.46K
Shared
0.00
None
120.31K
ANSYS INC
SOLEShares397.82K
TypeSH
Market value$126.76M
1.61%
Sole
373.58K
Shared
0.00
None
24.24K
ECOLAB INC
SOLEShares472.45K
TypeSH
Market value$120.63M
1.54%
Sole
377.99K
Shared
0.00
None
94.47K
ELI LILLY & CO
SOLEShares134.89K
TypeSH
Market value$119.51M
1.52%
Sole
130.22K
Shared
0.00
None
4.67K
CHUBB LIMITED
SOLEShares408K
TypeSH
Market value$117.66M
1.50%
Sole
317.69K
Shared
0.00
None
90.31K
JOHNSON & JOHNSON
SOLEShares706.12K
TypeSH
Market value$114.43M
1.46%
Sole
573.54K
Shared
0.00
None
132.59K
ROPER TECHNOLOGIES INC
SOLEShares200.65K
TypeSH
Market value$111.65M
1.42%
Sole
156.62K
Shared
0.00
None
44.03K
WATSCO INC
SOLEShares214.90K
TypeSH
Market value$105.71M
1.35%
Sole
197.73K
Shared
0.00
None
17.17K
AMAZON COM INC
SOLEShares520.70K
TypeSH
Market value$97.02M
1.23%
Sole
339.91K
Shared
0.00
None
180.79K
PEPSICO INC
SOLEShares568.93K
TypeSH
Market value$96.75M
1.23%
Sole
460.50K
Shared
0.00
None
108.43K
MCDONALDS CORP
SOLEShares314.31K
TypeSH
Market value$95.71M
1.22%
Sole
241.50K
Shared
0.00
None
72.80K
TJX COS INC NEW
SOLEShares792.88K
TypeSH
Market value$93.19M
1.19%
Sole
732.12K
Shared
0.00
None
60.75K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 4.14M | SH | $503.32M 6.41% | 3.39M | 0.00 | 750.42K |
APPLE INCSOLE | COM | 1.77M | SH | $413.01M 5.26% | 1.47M | 0.00 | 307.19K |
MICROSOFT CORPSOLE | COM | 909.53K | SH | $391.37M 4.98% | 750.05K | 0.00 | 159.48K |
OREILLY AUTOMOTIVE INCSOLE | COM | 202.62K | SH | $233.34M 2.97% | 170.76K | 0.00 | 31.86K |
VISA INCSOLE | COM CL A | 749.31K | SH | $206.02M 2.62% | 623.25K | 0.00 | 126.05K |
ALPHABET INCSOLE | CAP STK CL C | 1.20M | SH | $200.90M 2.56% | 964.98K | 0.00 | 236.66K |
DANAHER CORPORATIONSOLE | COM | 676.15K | SH | $187.98M 2.39% | 577.06K | 0.00 | 99.09K |
STRYKER CORPORATIONSOLE | COM | 519.72K | SH | $187.75M 2.39% | 436.46K | 0.00 | 83.26K |
HOME DEPOT INCSOLE | COM | 430.98K | SH | $174.63M 2.22% | 355.55K | 0.00 | 75.43K |
FISERV INCSOLE | COM | 896.59K | SH | $161.07M 2.05% | 709.27K | 0.00 | 187.33K |
COSTCO WHSL CORP NEWSOLE | COM | 168.54K | SH | $149.41M 1.90% | 156.34K | 0.00 | 12.19K |
JPMORGAN CHASE & CO.SOLE | COM | 702.48K | SH | $148.12M 1.89% | 556.23K | 0.00 | 146.25K |
RTX CORPORATIONSOLE | COM | 1.18M | SH | $142.55M 1.81% | 929.20K | 0.00 | 247.38K |
PROCTER AND GAMBLE COSOLE | COM | 793.77K | SH | $137.48M 1.75% | 673.46K | 0.00 | 120.31K |
ANSYS INCSOLE | COM | 397.82K | SH | $126.76M 1.61% | 373.58K | 0.00 | 24.24K |
ECOLAB INCSOLE | COM | 472.45K | SH | $120.63M 1.54% | 377.99K | 0.00 | 94.47K |
ELI LILLY & COSOLE | COM | 134.89K | SH | $119.51M 1.52% | 130.22K | 0.00 | 4.67K |
CHUBB LIMITEDSOLE | COM | 408K | SH | $117.66M 1.50% | 317.69K | 0.00 | 90.31K |
JOHNSON & JOHNSONSOLE | COM | 706.12K | SH | $114.43M 1.46% | 573.54K | 0.00 | 132.59K |
ROPER TECHNOLOGIES INCSOLE | COM | 200.65K | SH | $111.65M 1.42% | 156.62K | 0.00 | 44.03K |
WATSCO INCSOLE | COM | 214.90K | SH | $105.71M 1.35% | 197.73K | 0.00 | 17.17K |
AMAZON COM INCSOLE | COM | 520.70K | SH | $97.02M 1.23% | 339.91K | 0.00 | 180.79K |
PEPSICO INCSOLE | COM | 568.93K | SH | $96.75M 1.23% | 460.50K | 0.00 | 108.43K |
MCDONALDS CORPSOLE | COM | 314.31K | SH | $95.71M 1.22% | 241.50K | 0.00 | 72.80K |
TJX COS INC NEWSOLE | COM | 792.88K | SH | $93.19M 1.19% | 732.12K | 0.00 | 60.75K |
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