Fund Holdings

WELCH & FORBES LLC

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
NVIDIA CORPORATION(NVDA)3,538,0953,462,148-75,947558,983,875645,967,6837.78%+86,983,808
APPLE INC(AAPL)1,735,5671,722,290-13,277356,086,399438,546,8225.28%+82,460,423
ALPHABET INC(GOOG)1,207,4931,203,288-4,205214,197,314293,060,9583.53%+78,863,644
OREILLY AUTOMOTIVE INC(ORLY)2,945,8442,884,906-60,938265,509,135311,021,8933.75%+45,512,758
ALPHABET INC(GOOG)430,647429,151-1,49675,892,942104,326,6441.26%+28,433,702
PALO ALTO NETWORKS INC(PANW)18,599147,526+128,9273,806,09830,039,2820.36%+26,233,184
RTX CORPORATION(RTX)1,155,5331,141,516-14,017168,731,081191,010,0472.30%+22,278,966
JOHNSON & JOHNSON(JNJ)687,142675,855-11,287104,961,184125,317,1721.51%+20,355,988
IDEXX LABS INC(IDXX)169,017168,926-9190,650,615107,925,1811.30%+17,274,566
MICROSOFT CORP(MSFT)898,016894,788-3,228446,682,913463,456,4725.58%+16,773,559
HOME DEPOT INC(HD)428,324427,477-847157,040,714173,209,6002.09%+16,168,886
TJX COS INC NEW(TJX)785,017780,740-4,27796,941,821112,848,2271.36%+15,906,406
ABBVIE INC(ABBV)349,910348,371-1,53964,950,31980,661,8550.97%+15,711,536
JPMORGAN CHASE & CO.(JPM)679,848671,288-8,560197,094,807211,744,4422.55%+14,649,635
BROADCOM INC(AVGO)204,891211,870+6,97956,478,36269,898,1390.84%+13,419,777
ELI LILLY & CO(LLY)149,445168,196+18,751116,496,960128,333,5481.55%+11,836,588
BOOKING HOLDINGS INC(BKNG)8,46710,741+2,27449,017,44557,993,6560.70%+8,976,211
SYNOPSYS INC(SNPS)018,075+18,07508,918,0280.11%+8,918,028
XYLEM INC(XYL)381,335393,371+12,03649,329,49758,022,5520.70%+8,693,055
UBER TECHNOLOGIES INC(UBER)088,380+88,38008,658,6000.10%+8,658,600
L3HARRIS TECHNOLOGIES INC(LHX)142,889142,474-41535,842,27543,513,0580.52%+7,670,783
ORACLE CORP(ORCL)116,838114,895-1,94325,544,30932,313,0750.39%+6,768,766
THERMO FISHER SCIENTIFIC INC(TMO)91,11489,726-1,38836,943,16843,518,9430.52%+6,575,775
LINCOLN ELEC HLDGS INC(LECO)215,456215,364-9244,668,32850,789,3470.61%+6,121,019
SHOPIFY INC(SHOP)146,116150,548+4,43216,854,51422,372,9460.27%+5,518,432
VANECK ETF TRUST239,936230,269-9,66712,491,14017,592,5530.21%+5,101,413
CHEVRON CORP NEW(CVX)415,588415,208-38059,508,15964,477,7450.78%+4,969,586
RESMED INC(RMD)331,578329,836-1,74285,547,12490,286,1541.09%+4,739,030
SMITH A O CORP(AOS)596,244595,309-93539,095,85643,701,7560.53%+4,605,900
SPDR S&P MIDCAP 400 ETF TR(MDY)169,447168,530-91795,988,323100,448,9601.21%+4,460,637
NEXTERA ENERGY INC(NEE)667,412672,709+5,29746,331,87650,782,9400.61%+4,451,064
COGNEX CORP(CGNX)344,265339,117-5,14810,920,09515,362,0180.19%+4,441,923
CUMMINS INC(CMI)45,11545,085-3014,775,21319,042,5820.23%+4,267,369
BANK AMERICA CORP1,012,0751,005,865-6,21047,891,39851,892,6770.62%+4,001,279
VANGUARD TAX-MANAGED FDS974,651982,158+7,50755,564,91258,850,9090.71%+3,285,997
WALMART INC(WMT)526,490529,371+2,88151,480,29454,557,0830.66%+3,076,789
EQUINIX INC(EQIX)20,47024,414+3,94416,283,26319,122,0020.23%+2,838,739
MCDONALDS CORP(MCD)310,967307,613-3,35490,855,34593,480,6271.13%+2,625,282
OMNICOM GROUP INC(OMC)264,498264,351-14719,028,00721,552,5870.26%+2,524,580
GSK PLC(GSK)519,365518,597-76819,943,61622,382,6460.27%+2,439,030
METTLER TOLEDO INTERNATIONAL(MTD)60,33459,721-61370,875,56473,314,0960.88%+2,438,532
ISHARES TR129,280137,641+8,36114,129,05516,355,9310.20%+2,226,876
ECOLAB INC(ECL)474,328473,582-746127,802,964129,695,3251.56%+1,892,361
GE AEROSPACE(GE)47,00946,292-71712,099,73313,925,6480.17%+1,825,915
BERKSHIRE HATHAWAY INC DEL121,186120,658-52858,868,57460,659,6720.73%+1,791,098
TRACTOR SUPPLY CO(TSCO)488,188483,759-4,42925,761,71927,511,4110.33%+1,749,692
SPDR S&P 500 ETF TR(SPY)40,81640,312-50425,218,18326,855,0610.32%+1,636,878
MONGODB INC(MDB)25,83422,683-3,1515,424,9227,040,3830.08%+1,615,461
CATERPILLAR INC(CAT)19,75719,444-3137,669,8739,277,7130.11%+1,607,840
S&P GLOBAL INC(SPGI)1,1174,434+3,317588,9842,158,0730.03%+1,569,089
VANGUARD INDEX FDS3,1395,154+2,0151,783,0453,156,2090.04%+1,373,164
AFLAC INC(AFL)333,302326,635-6,66735,150,03136,485,1420.44%+1,335,111
SPROTT ASSET MANAGEMENT LP(CEF)034,001+34,00101,247,4960.02%+1,247,496
MERCK & CO INC(MRK)331,608326,753-4,85526,250,07127,424,3730.33%+1,174,302
META PLATFORMS INC(META)124,030126,162+2,13291,545,37992,650,9651.12%+1,105,586
GE VERNOVA INC(GEV)11,31311,265-485,986,2756,926,8540.08%+940,579
ISHARES GOLD TR(IAU)86,88386,88305,418,0246,322,4820.08%+904,458
LINDE PLC(LIN)103,127103,758+63148,384,71249,284,5760.59%+899,864
ISHARES TR17,36617,450+8410,782,55311,679,2910.14%+896,738
EXPEDITORS INTL WASH INC(EXPD)103,072103,038-3411,775,98512,631,4250.15%+855,440
RALLIANT CORP(RAL)019,535+19,5350854,2690.01%+854,269
INVESCO QQQ TR8,7949,475+6814,851,1215,688,5110.07%+837,390
AMERICAN EXPRESS CO(AXP)88,79387,759-1,03428,323,20629,150,0220.35%+826,816
VALERO ENERGY CORP(VLO)23,49723,347-1503,158,4713,975,0660.05%+816,595
ISHARES TR27,74927,754+55,987,9646,715,3620.08%+727,398
QUALCOMM INC(QCOM)143,438140,954-2,48422,843,95023,449,1150.28%+605,165
AMAZON COM INC(AMZN)547,872550,124+2,252120,197,783120,790,8271.45%+593,044
SPROTT ASSET MANAGEMENT LP(PHYS)019,550+19,5500579,0710.01%+579,071
ICON PLC(ICLR)18,74018,735-52,725,7403,278,6250.04%+552,885
RPM INTL INC(RPM)66,90166,729-1727,348,4077,866,0210.09%+517,614
TESLA INC(TSLA)5,2604,904-3561,670,8922,180,9080.03%+510,016
DUKE ENERGY CORP NEW(DUK)62,07563,288+1,2137,324,8507,831,9140.09%+507,064
VANGUARD INTL EQUITY INDEX F110,382110,797+4157,419,8817,907,5860.10%+487,705
FASTENAL CO(FAST)65,88466,184+3002,767,1283,245,6630.04%+478,535
FIRST TR EXCHANGE-TRADED FD1,063,5631,054,183-9,38039,894,27240,364,6810.49%+470,409
ISHARES TR14,38114,536+1554,376,8604,838,1610.06%+461,301
INTEL CORP(INTC)201,013146,706-54,3074,502,6914,921,9910.06%+419,300
ISHARES TR14,21813,985-2334,064,3654,475,7590.05%+411,394
LOWES COS INC(LOW)14,39814,293-1053,194,4833,591,9780.04%+397,495
STATE STR CORP(STT)39,15339,15304,163,5314,542,1420.05%+378,611
NOVARTIS AG(NVS)61,80961,146-6637,479,5297,841,3650.09%+361,836
ALLIANT ENERGY CORP(LNT)50,26450,26403,039,4643,388,2960.04%+348,832
ILLINOIS TOOL WKS INC(ITW)22,19022,330+1405,486,4885,822,7700.07%+336,282
MARATHON PETE CORP(MPC)12,17512,17502,022,3902,346,6090.03%+324,219
BECTON DICKINSON & CO(BDX)49,88647,610-2,2768,592,8988,911,1850.11%+318,287
BLACKSTONE INC(BX)14,83114,83102,218,4552,533,9150.03%+315,460
ISHARES TR15,17817,821+2,6431,505,6561,786,5690.02%+280,913
SYSCO CORP(SYY)68,34366,110-2,2335,176,3045,443,5020.07%+267,198
LOCKHEED MARTIN CORP(LMT)7,3427,34203,400,1963,665,0070.04%+264,811
ANALOG DEVICES INC(ADI)26,81327,035+2226,382,0316,642,5060.08%+260,475
ISHARES TR44,48246,288+1,8064,894,8015,148,1670.06%+253,366
VANGUARD INTL EQUITY INDEX F54,19654,135-612,680,5382,933,0380.04%+252,500
MICRON TECHNOLOGY INC(MU)01,481+1,4810247,8010.00%+247,801
ISHARES TR5,6155,61502,384,0202,630,1240.03%+246,104
NORTHROP GRUMMAN CORP(NOC)3,1442,969-1751,571,9391,809,0680.02%+237,129
ISHARES TR9,0459,04503,071,4123,305,7670.04%+234,355
ISHARES BITCOIN TRUST ETF(IBIT)03,455+3,4550224,5750.00%+224,575
CADENCE DESIGN SYSTEM INC(CDNS)0625+6250219,5380.00%+219,538
BARRICK MNG CORP(B)06,500+6,5000213,0050.00%+213,005
ISHARES TR01,456+1,4560212,0670.00%+212,067
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