Fund Holdings

Godshalk Welsh Capital Management, Inc.

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
Oracle Corp(ORCL)30,27029,725-5456,617,9308,359,8594.80%+1,741,929
Apple Inc(AAPL)33,39233,327-656,851,0378,486,0544.87%+1,635,017
Alphabet Inc Cl A(GOOG)18,46018,345-1153,253,2064,459,6702.56%+1,206,464
Nestle SA ADR010,800+10,8000991,1160.57%+991,116
Alphabet Inc Cl C(GOOG)11,34011,34002,011,6032,761,8571.58%+750,254
iShares iBonds Dec 2028 Term C73,750101,600+27,8501,874,7252,592,8321.49%+718,107
Invesco Preferred52,65079,000+26,350713,4821,318,3550.76%+604,873
iShares iBonds Dec 2029 Term C45,90066,450+20,5501,070,8471,559,5820.89%+488,735
Corning Inc(GLW)13,25013,650+400696,8181,119,7100.64%+422,892
iShares iBonds Dec 2027 Term C85,500101,750+16,2502,075,0852,476,5951.42%+401,510
Johnson & Johnson(JNJ)12,10612,041-651,849,1922,232,6421.28%+383,450
iShares iBonds Dec 2029 Term M9,50023,800+14,300239,685607,6140.35%+367,929
iShares Russell 2000 Index12,76212,76202,753,8913,087,8951.77%+334,004
iShares iBonds Dec 2026 Term C64,70077,150+12,4501,568,9751,874,7451.08%+305,770
Microsoft Corporation(MSFT)20,57020,330-24010,231,72410,529,9246.04%+298,200
Fidelity High Dividend33,39036,060+2,6701,736,9482,008,9031.15%+271,955
T Rowe Price Capital Apprec Eq40,47545,025+4,5501,427,9581,697,4430.97%+269,485
Valero Energy Corp(VLO)7,3257,3250984,6271,247,1550.72%+262,528
Schwab US Small Cap08,800+8,8000245,5200.14%+245,520
AbbVie Inc(ABBV)5,3065,3060984,9001,228,5510.70%+243,651
TJX Companies Inc(TJX)12,67512,490-1851,565,2361,805,3051.04%+240,069
iShares iBonds Dec 2030 Term M09,000+9,0000234,7200.13%+234,720
Lowes Companies Inc(LOW)7,6657,66501,700,6341,926,2911.11%+225,657
Home Depot Inc(HD)5,6695,66902,078,4822,297,0221.32%+218,540
Blackstone Group Inc(BX)10,09510,070-251,510,0101,720,4600.99%+210,450
Veralto Corp(VLTO)01,950+1,9500207,8900.12%+207,890
Taiwan Semiconductor Mfg ADR(TSM)3,9303,9300890,1061,097,6100.63%+207,504
Hershey Company(HSY)01,100+1,1000205,7550.12%+205,755
Bank of America Corp45,32045,220-1002,144,5422,332,9001.34%+188,358
L3Harris Technologies Inc(LHX)3,4403,4400862,8901,050,6100.60%+187,720
JP Morgan Chase & Co(JPM)9,9059,690-2152,871,5593,056,5171.75%+184,958
RTX Corp(RTX)8,2218,22101,200,4301,375,6200.79%+175,190
Sysco Corporation(SYY)22,69022,69001,718,5411,868,2951.07%+149,754
iShares Core MSCI EAFE27,33927,714+3752,282,2792,419,7301.39%+137,451
Walmart Inc(WMT)12,64513,330+6851,236,4281,373,7900.79%+137,362
Invesco S&P 500 Eq Wt13,94614,082+1362,534,5652,671,3851.53%+136,820
Berkshire Hathaway Inc Cl B9,7339,668-654,727,9994,860,4902.79%+132,491
WR Berkley Corp46,09445,919-1753,386,5263,518,3142.02%+131,788
American Express(AXP)11,24511,185-603,586,9303,715,2102.13%+128,280
Chevron Corp(CVX)10,37510,37501,485,5961,611,1340.92%+125,538
IdaCorp Incorporated(IDA)7,3367,3360846,941969,4520.56%+122,511
Uber Technologies Inc(UBER)11,61512,300+6851,083,6801,205,0310.69%+121,351
iShares iBonds Dec 2027 Term M27,75032,300+4,550703,463822,8430.47%+119,380
Phillips 66(PSX)7,1257,1250850,013969,1430.56%+119,130
iShares iBonds Dec 2026 Term M24,00028,500+4,500614,952731,3100.42%+116,358
iShares Russell Top 200 Growth3,6103,6100889,901987,8770.57%+97,976
iShares iBonds Dec 2028 Term M25,75029,300+3,550654,308751,2520.43%+96,944
SPDR S&P 500(SPY)1,8751,87501,158,4691,249,0880.72%+90,619
Becton Dickinson & Co(BDX)6,1856,175-101,065,3661,155,7750.66%+90,409
Vanguard Div Appreciation6,6226,630+81,355,3251,430,6880.82%+75,363
CSX Corp(CSX)25,89025,8900844,791919,3540.53%+74,563
eBay Inc(EBAY)4,3004,3000320,178391,0850.22%+70,907
RPM International(RPM)8,5558,5550939,6811,008,4630.58%+68,782
UnitedHealth Group Inc(UNH)2,0452,0450637,979706,1390.41%+68,160
Essential Utilities Inc(WTRG)22,96122,9610852,772916,1440.53%+63,372
iShares iBonds Dec 2025 Term C30,90033,350+2,450778,062840,0870.48%+62,025
iShares Core S&P US Growth4,3154,3150648,976709,9900.41%+61,014
Vanguard REIT7,4857,935+450666,614725,4180.42%+58,804
McDonalds Corp(MCD)4,1404,125-151,209,5841,253,5460.72%+43,962
ConocoPhillips(COP)8,6808,6800778,943821,0410.47%+42,098
iShares iBonds Dec 2025 Term M8,50010,000+1,500227,490267,9000.15%+40,410
Lockheed Martin Corp(LMT)1,1001,1000509,454549,1310.32%+39,677
Labcorp Hldgs Inc.1,5701,5700412,141450,6840.26%+38,543
Quest Diagnostics Inc(DGX)3,3003,3000592,779628,9140.36%+36,135
Vanguard Info Technology4304300285,210321,0510.18%+35,841
BHP Billiton Ltd ADR4,3004,3000206,787239,7250.14%+32,938
Invesco QQQ Trust1,2851,235-50708,857741,4570.43%+32,600
Vgd Consumer Discretionary9609600347,827380,3040.22%+32,477
Masco Corp(MAS)4,9004,9000315,364344,9110.20%+29,547
iShares Core Moderate Allocati17,82117,827+6820,471848,2040.49%+27,733
SPDR Portfolio High Yield Bond26,75027,750+1,000636,650664,3350.38%+27,685
iShares Core Growth Allocation9,3939,407+14578,300605,6010.35%+27,301
Applied Materials Inc(NOK)1,2901,275-15236,160261,0440.15%+24,884
Vanguard Total Stock Mkt1,0061,0060305,657330,0750.19%+24,418
Exxon Mobil Corp2,4252,525+100261,415284,6940.16%+23,279
iShares National Muni11,27511,27501,178,0121,200,6750.69%+22,663
YUM! Brands Inc(YUM)6,4956,480-15962,429984,9600.57%+22,531
iShares MSCI EAFE Index4,0004,0000357,560373,4800.21%+15,920
Pepsico Inc(PEP)8,7408,325-4151,154,0301,169,1630.67%+15,133
NextEra Energy Inc(NEE)10,70010,000-700742,794754,9000.43%+12,106
3M Co(MMM)3,7603,7600572,422583,4770.33%+11,055
MetLife Inc(MET)5,5005,5000442,310453,0350.26%+10,725
Markel Corp(MKL)103112+9205,728214,0720.12%+8,344
Union Pacific Corp(UNP)1,3001,3000299,104307,2810.18%+8,177
iShares MSCI EmergMkt Min Vol7,8007,8000489,840497,8740.29%+8,034
Merck & Co(MRK)13,00512,355-6501,029,4761,036,9550.59%+7,479
Southern Company(SO)2,5002,5000229,575236,9250.14%+7,350
Mastercard Inc(MA)9609600539,462546,0580.31%+6,596
iShares Short Term Nat Muni Bd13,62513,62501,448,8831,454,8780.83%+5,995
Amgen Inc(AMGN)1,2351,2350344,824348,5170.20%+3,693
Consolidated Edison Inc(ED)4,1754,1750418,961419,6710.24%+710
American Water Works Inc3,2253,2250448,630448,8880.26%+258
Stantec Inc(STN)2,2002,2000239,096237,1600.14%-1,936
Clorox Company(CLX)2,4252,325-100291,170286,6730.16%-4,497
Ecolab Inc(ECL)5,1205,020-1001,379,5331,374,7770.79%-4,756
Airbnb Inc1,9252,055+130254,755249,5180.14%-5,237
Hilton Worldwide Hldgs(HLT)7757750206,414201,0660.12%-5,348
Chubb Limited7407400214,393208,8650.12%-5,528
Abbott Laboratories3,1503,1500428,432421,9110.24%-6,521
IBM Corp(IBM)1,0001,0000294,780282,1600.16%-12,620
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