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Portfolio (Quarterly) Guide ↗

Welch & Forbes LLC

· CIK 0000105495
13F Portfolio $8.3B AUM Filed Feb 10, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 374 New
Page 5 of 19  ·  374 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 EQIX EQUINIX INC Real Estate 25,179.0 $19.3M 0.23% NEW $766.16 +40.9%
82 PFF ISHARES TR 594,427.0 $18.4M 0.22% NEW $30.96 -0.9%
83 GDX VANECK ETF TRUST 214,275.0 $18.4M 0.22% NEW $85.77 +19.4%
84 KMX CARMAX INC Consumer Cyclical 446,573.0 $17.3M 0.21% NEW $38.64 +65.2%
85 SNPS SYNOPSYS INC Technology 35,556.0 $16.7M 0.20% NEW $469.72 -12.7%
86 IJR ISHARES TR 137,975.0 $16.6M 0.20% NEW $120.18 +22.1%
87 IBM INTERNATIONAL BUSINESS MACHS Technology 53,911.0 $16.0M 0.19% NEW $296.21 -22.4%
88 EW EDWARDS LIFESCIENCES CORP Healthcare 181,671.0 $15.5M 0.19% NEW $85.25 +6.5%
89 EXPD EXPEDITORS INTL WASH INC Industrials 102,259.0 $15.2M 0.18% NEW $149.01 +27.6%
90 EMR EMERSON ELEC CO Industrials 113,174.0 $15.0M 0.18% NEW $132.72 +19.3%
91 GE GE AEROSPACE Industrials 45,283.0 $13.9M 0.17% NEW $308.03 +15.0%
92 IVV ISHARES TR 18,340.0 $12.6M 0.15% NEW $684.94 +12.3%
93 MZTI MARZETTI COMPANY Consumer Defensive 72,543.0 $11.9M 0.14% NEW $164.42 -31.0%
94 CGNX COGNEX CORP Technology 330,638.0 $11.9M 0.14% NEW $35.98 +71.5%
95 CAT CATERPILLAR INC Industrials 19,405.0 $11.1M 0.14% NEW $572.87 +43.5%
96 BSX BOSTON SCIENTIFIC CORP Healthcare 111,739.0 $10.7M 0.13% NEW $95.35 -49.5%
97 MDB MONGODB INC Technology 23,581.0 $9.9M 0.12% NEW $419.69 -3.2%
98 PFE PFIZER INC Healthcare 355,663.0 $8.9M 0.11% NEW $24.90 +13.7%
99 SHW SHERWIN WILLIAMS CO Basic Materials 27,013.0 $8.8M 0.11% NEW $324.03 +7.6%
100 NVS NOVARTIS AG Healthcare 61,088.0 $8.4M 0.10% NEW $137.87 +14.3%
Page 5 of 19  ·  374 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 26.6%
Healthcare 18.4%
Financial Services 14.8%
Industrials 12.3%
Consumer Cyclical 11.7%
Consumer Defensive 6.1%
Communication Services 3.7%
Basic Materials 2.6%
Energy 1.5%
Utilities 1.1%