Fund HoldingsWELCH & FORBES LLC

Total Portfolio Value
$6.62B
Total Bought
$324.59M
Total Sold
$402.69M
Net Transaction
-$78.10M
Filing Period:
Securities
SharesValue ($K)
Q3 2023
Q4 2023
Change
Q3 2023
Q4 2023
Weight (%)
Change
MICROSOFT CORP(MSFT)0904,798+904,7980340,2415.14%+340,241
APPLE INC(AAPL)01,781,734+1,781,7340343,0375.18%+343,037
NVIDIA CORPORATION(NVDA)0514,336+514,3360254,7103.85%+254,710
ANSYS INC0415,336+415,3360150,7172.28%+150,717
VISA INC(V)0757,672+757,6720197,2602.98%+197,260
SPDR S&P MIDCAP 400 ETF TR(MDY)0185,128+185,128093,9301.42%+93,930
IDEXX LABS INC(IDXX)0171,311+171,311095,0861.44%+95,086
HOME DEPOT INC(HD)0431,719+431,7190149,6122.26%+149,612
FISERV INC(FISV)0912,559+912,5590121,2241.83%+121,224
JPMORGAN CHASE & CO(JPM)0722,717+722,7170122,9341.86%+122,934
COSTCO WHSL CORP NEW(COST)170,157171,314+1,15796,132113,0811.71%+16,949
ECOLAB INC(ECL)0467,365+467,365092,7021.40%+92,702
RTX CORPORATION(RTX)01,172,281+1,172,281098,6361.49%+98,636
STRYKER CORPORATION(SYK)0524,321+524,3210157,0132.37%+157,013
SPDR S&P 500 ETF TR(SPY)068,427+68,427032,5240.49%+32,524
ROPER TECHNOLOGIES INC(ROP)194,535195,657+1,12294,209106,6661.61%+12,457
VERTEX PHARMACEUTICALS INC(VRTX)0188,387+188,387076,6531.16%+76,653
AMAZON COM INC(AMZN)0448,884+448,884068,2041.03%+68,204
WATSCO INC(WSO)0213,689+213,689091,5591.38%+91,559
ALPHABET INC(GOOG)1,172,3101,173,231+921154,569165,3442.50%+10,774
VERALTO CORP(VLTO)0128,298+128,298010,5540.16%+10,554
MCDONALDS CORP(MCD)0320,213+320,213094,9461.43%+94,946
ADOBE INC(ADBE)94,93896,983+2,04548,40957,8600.87%+9,451
AMERIPRISE FINL INC(AMP)0196,563+196,563074,6611.13%+74,661
SMITH A O CORP(AOS)0550,150+550,150045,3540.69%+45,354
ABBOTT LABS0638,659+638,659070,2971.06%+70,297
ELI LILLY & CO(LLY)129,753133,093+3,34069,69477,5831.17%+7,888
LINCOLN ELEC HLDGS INC(LECO)0184,002+184,002040,0130.60%+40,013
IRON MTN INC DEL(IRM)737,694731,578-6,11643,85651,1960.77%+7,340
CHUBB LIMITED
COM
416,924415,828-1,09686,79593,9771.42%+7,182
META PLATFORMS INC(META)103,019106,355+3,33630,92737,6450.57%+6,718
RESMED INC(RMD)0310,540+310,540053,4190.81%+53,419
ACCENTURE PLC IRELAND
SHS CLASS A
113,084117,425+4,34134,72941,2060.62%+6,476
CINTAS CORP(CTAS)046,129+46,129027,8000.42%+27,800
INTEL CORP(INTC)449,338434,795-14,54315,97421,8480.33%+5,874
METTLER TOLEDO INTERNATIONAL(MTD)063,931+63,931077,5461.17%+77,546
XYLEM INC(XYL)053,133+53,13306,0760.09%+6,076
QUALCOMM INC(QCOM)0157,387+157,387022,7630.34%+22,763
OREILLY AUTOMOTIVE INC(ORLY)0208,896+208,8960198,4683.00%+198,468
MOODYS CORP(MCO)043,552+43,552017,0100.26%+17,010
SHOPIFY INC(SHOP)49,09291,673+42,5812,6797,1410.11%+4,462
CARLISLE COS INC(CSL)77,75978,741+98220,16024,6010.37%+4,441
LINDE PLC(LIN)90,15392,529+2,37633,56838,0020.57%+4,434
BANK AMERICA CORP01,054,558+1,054,558035,5070.54%+35,507
L3HARRIS TECHNOLOGIES INC(LHX)0119,735+119,735025,2190.38%+25,219
BOOKING HOLDINGS INC(BKNG)8,6388,675+3726,63930,7720.46%+4,133
VANGUARD TAX-MANAGED FDS0832,793+832,793039,8910.60%+39,891
TJX COS INC NEW(TJX)793,696791,574-2,12270,54474,2581.12%+3,714
OMNICOM GROUP INC(OMC)0301,664+301,664026,0970.39%+26,097
ALPHABET INC(GOOG)457,858454,120-3,73859,91563,4360.96%+3,521
CARMAX INC(KMX)0886,947+886,947068,0641.03%+68,064
AMERICAN EXPRESS CO(AXP)089,890+89,890016,8400.25%+16,840
TRACTOR SUPPLY CO(TSCO)088,594+88,594019,0500.29%+19,050
OTIS WORLDWIDE CORP(OTIS)0302,034+302,034027,0230.41%+27,023
THERMO FISHER SCIENTIFIC INC(TMO)87,57187,637+6644,32646,5170.70%+2,191
DOVER CORP(DOV)0165,999+165,999025,5320.39%+25,532
CHURCH & DWIGHT CO INC(CHD)0447,081+447,081042,2760.64%+42,276
AFLAC INC(AFL)447,079437,515-9,56434,31336,0950.55%+1,782
SHERWIN WILLIAMS CO(SHW)028,747+28,74708,9660.14%+8,966
INTERNATIONAL BUSINESS MACHS(IBM)69,53568,361-1,1749,75611,1800.17%+1,425
EDWARDS LIFESCIENCES CORP0257,429+257,429019,6290.30%+19,629
CHEFS WHSE INC(CHEF)61,77586,355+24,5801,3082,5410.04%+1,233
STARBUCKS CORP(SBUX)0262,291+262,291025,1830.38%+25,183
RPM INTL INC(RPM)070,070+70,07007,8220.12%+7,822
EXPEDITORS INTL WASH INC(EXPD)0127,321+127,321016,1950.24%+16,195
FIRST TR EXCHANGE-TRADED FD
NO AMER ENERGY
01,112,225+1,112,225030,7980.47%+30,798
MERCK & CO INC(MRK)0380,846+380,846041,5200.63%+41,520
EQUINIX INC(EQIX)6,6727,120+4484,8465,7340.09%+889
UNION PAC CORP(UNP)21,41821,256-1624,3615,2210.08%+860
VANECK ETF TRUST
GOLD MINERS ETF
0205,767+205,76706,3810.10%+6,381
BROADCOM INC(AVGO)03,227+3,22703,6020.05%+3,602
FASTENAL CO(FAST)21,46530,822+9,3571,1731,9960.03%+823
NIKE INC(NKE)058,832+58,83206,3870.10%+6,387
PROGRESSIVE CORP(PGR)43,80443,295-5096,1026,8960.10%+794
GENERAL ELECTRIC CO(GE)46,29045,903-3875,1175,8590.09%+741
ICON PLC(ICLR)020,023+20,02305,6680.09%+5,668
COCA COLA CO(KO)0345,289+345,289020,3480.31%+20,348
CHECK POINT SOFTWARE TECH LT
ORD
036,054+36,05405,5090.08%+5,509
3M CO(MMM)053,865+53,86505,8890.09%+5,889
VANGUARD INDEX FDS04,798+4,79802,0960.03%+2,096
VERIZON COMMUNICATIONS INC(VZ)0710,184+710,184026,7740.40%+26,774
GARTNER INC(IT)06,384+6,38402,8800.04%+2,880
SALESFORCE INC(CRM)010,259+10,25902,7000.04%+2,700
LANCASTER COLONY CORP(MZTI)072,226+72,226012,0180.18%+12,018
ANALOG DEVICES INC(ADI)028,995+28,99505,7570.09%+5,757
PALO ALTO NETWORKS INC(PANW)09,310+9,31002,7450.04%+2,745
GALLAGHER ARTHUR J & CO(AJG)294,650301,128+6,47867,16067,7181.02%+558
INTUIT(INTU)4,6074,60702,3542,8800.04%+526
CVS HEALTH CORP(CVS)0112,029+112,02908,8460.13%+8,846
ILLINOIS TOOL WKS INC(ITW)024,105+24,10506,3140.10%+6,314
INVESCO QQQ TR08,055+8,05503,2990.05%+3,299
AMGEN INC(AMGN)25,68125,666-156,9027,3920.11%+490
VANGUARD INTL EQUITY INDEX F0113,326+113,32606,3620.10%+6,362
PAYCHEX INC(PAYX)413,471404,384-9,08747,68648,1660.73%+481
CUMMINS INC(CMI)048,554+48,554011,6320.18%+11,632
VEEVA SYS INC(VEEV)5,1037,726+2,6231,0381,4870.02%+449
ROLLINS INC(ROL)069,707+69,70703,0440.05%+3,044
INTUITIVE SURGICAL INC09,905+9,90503,3420.05%+3,342
WELLS FARGO CO NEW(WFC)068,032+68,03203,3490.05%+3,349
ISHARES TR015,175+15,17503,8270.06%+3,827
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