WF

WELCH & FORBES LLC

13F
WELCH & FORBES LLC
Last update 2025-05-02 370 Stocks (10 new)
Value $7.64 Bil Turnover 1 %
Countries:

WELCH & FORBES LLC Profile

Welch & Forbes LLC is an investment management firm based out of Boston, Massachusetts. The company was established in 1838 and has grown from its inception to now have 53 employees of which 13 are investment professionals. Welch & Forbes operates as a subsidiary of Affiliated Managers Group, Inc. and is headed by President John H. Emmons. The company conducts its research internally, investing in the public equity markets within the U.S. Welch & Forbes offers a variety of investment and wealth management services including investment portfolio management, person trust and fiduciary services, estate planning and administration, and tax and custodial services. The company invests most heavily in the information technology sector, which alone makes up over a sixth of its total asset allocations, and also invests in the health care, finance, consumer discretionary, industrials, consumer staples, and energy sectors, among other sectors to a lesser degree, in order of decreasing allocation. Welch & Forbes allocates its assets diversely with none of its holdings exceed 3% of its total holdings. The company’s top 10 holdings together make up just over a fifth of its total holdings and the company has a relatively low turnover rate of approximately 5.4%. Welch & Forbes holds over $4.1 billion in total assets under management spread across approximately 2,500 accounts, all of which are discretionary accounts except for 128 accounts which make up $350 million of its managed assets. Both of the company’s total number of accounts and total assets under management have been increasing in recent years with its total managed assets growing from $2.7 billion back in 2010 to its amount today. Welch & Forbes mainly caters to high net worth individuals, which alone makes up over half of its entire client base, and also provides its services to individuals, pension and profit sharing plans, charities, and corporations, in order of decreasing allocation.
WELCH & FORBES LLC Top Holdings of 2025-03-31 View Full List
Ticker
Company
Shares
Value ($1000)
Shares Change %
Weighting %
Trade Impact %
% of Shares outstanding
3M Change %
YTD Change %
Market Cap $Mil
Industry
NVDA
NVIDIA Corp
3,599,104
390,071.0
-9.75%
5.100
-0.67%
0.010
+69.89%
+28.41%
4,204,658.7
Semiconductors
AAPL
Apple Inc
1,742,665
387,098.3
-0.88%
5.060
-0.05%
0.010
+7.35%
-15.47%
3,154,147.7
Hardware
MSFT
Microsoft Corp
904,386
339,498.2
-0.14%
4.440
-0.01%
0.010
+38.94%
+21.47%
3,790,969.0
Software
ORLY
O'Reilly Automotive Inc
2,975,175
284,145.3
-1.01%
3.720
-0.03%
0.350
-0.42%
+16.81%
78,936.1
Vehicles & Parts
V
Visa Inc
738,002
258,640.4
-0.91%
3.380
-0.03%
0.040
+6.07%
+10.81%
681,869.3
Credit Services
SYK
Stryker Corp
516,664
192,328.5
-0.11%
2.520
0%
0.140
+12.62%
+8.63%
148,815.0
Medical Devices & Instruments
FI
Fiserv Inc
859,496
189,802.6
-1.75%
2.480
-0.04%
0.160
-20.57%
-19.32%
91,891.9
Software
GOOG
Alphabet Inc
1,211,074
189,206.2
+0.72%
2.480
+0.02%
0.010
+21.39%
-2.13%
2,250,461.0
Interactive Media
JPM
JPMorgan Chase & Co
689,815
169,211.8
-1.24%
2.210
-0.03%
0.020
+26.17%
+23.48%
800,897.6
Banks
HD
The Home Depot Inc
430,965
157,944.5
+0.07%
2.070
0%
0.040
+1.85%
-6.44%
357,577.1
Retail - Cyclical

WELCH & FORBES LLC's Historical Top Holdings Breakdowns

WELCH & FORBES LLC's Top Stock Picks View Full List
Ticker
Company
Date
Action
Impact %
Price Range
Price
Price Change from Avrg%
Comment
Current Shares
Share Change
NVDA
NVIDIA Corp
2025-03-31
Reduce
Reduce
-0.67%
106.98 ($126.74) 149.43
$172.41
36.03%
Reduce -9.75%
3,599,104
-388,804
NOW
ServiceNow Inc
2025-03-31
Add
Add
+0.22%
783.83 ($963.73) 1170.39
$963.40
-0.03%
Add 92.64%
42,869
20,615
CMCSA
Comcast Corp
2025-03-31
Reduce
Reduce
-0.17%
33.19 ($36.08) 38.23
$34.54
-4.27%
Reduce -31.41%
788,166
-360,962
STZ
Constellation Brands Inc
2025-03-31
Reduce
Reduce
-0.12%
161.05 ($181.67) 222.93
$170.57
-6.11%
Reduce -55.82%
33,519
-42,351
CSL
Carlisle Companies Inc
2025-03-31
Add
Add
+0.11%
326.43 ($358.4) 408.24
$409.59
14.28%
Add 26.6%
118,051
24,803
AVGO
Broadcom Inc
2025-03-31
Add
Add
+0.07%
167.43 ($211.65) 244.7
$283.34
33.87%
Add 23.1%
174,158
32,685
IJR
iShares Core S&P Small-Cap ETF
2025-03-31
Add
Add
+0.06%
102.49 ($112.84) 119.96
$111.87
-0.86%
Add 83.98%
98,450
44,940
VRTX
Vertex Pharmaceuticals Inc
2025-03-31
Add
Add
+0.06%
402.49 ($466) 513.76
$459.81
-1.33%
Add 4.98%
207,639
9,858
AAPL
Apple Inc
2025-03-31
Reduce
Reduce
-0.05%
209.68 ($231.67) 247.1
$211.18
-8.84%
Reduce -0.88%
1,742,665
-15,513
META
Meta Platforms Inc
2025-03-31
Add
Add
+0.05%
576.36 ($645.17) 736.67
$704.28
9.16%
Add 5.72%
119,331
6,454

WELCH & FORBES LLC Total Holding History ($B)

To

WELCH & FORBES LLC's Asset Allocation

To

WELCH & FORBES LLC Past Portfolios

Portfolio Date Number of Stocks New Stocks Total Value ($Mil) Q/Q Turnover

Top Ranked Articles

  • 1

WELCH & FORBES LLC's Hypothetical Growth since 2025-03-31

WELCH & FORBES LLC's Yearly Returns

Year Portfolio % % Excess Gain %

WELCH & FORBES LLC's Holdings Heat Map

Size field:

WELCH & FORBES LLC's Holdings Bubble Chart

WELCH & FORBES LLC News

  • 1

Discussions on WELCH & FORBES LLC

No discussions yet.