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Portfolio (Quarterly) Guide ↗

Welch & Forbes LLC

· CIK 0000105495
13F Portfolio $7.7B AUM 368 positions Filed May 1, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 9 New 61 Added 167 Reduced 15 Exited
Page 8 of 19  ·  368 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 CHEF CHEFS WHSE INC Consumer Defensive 64,255.0 $3.8M 0.05% +11K +21.0% $59.45 +31.3%
142 GILD GILEAD SCIENCES INC Healthcare 26,670.0 $3.7M 0.05% $139.37 -6.4%
143 ROL ROLLINS INC Consumer Cyclical 68,856.0 $3.7M 0.05% $53.41 -0.3%
144 LNT ALLIANT ENERGY CORP Utilities 50,264.0 $3.6M 0.05% $71.76 +2.1%
145 DE DEERE & CO Industrials 6,287.0 $3.5M 0.05% -94.0 -1.5% $563.30 -5.7%
146 COP CONOCOPHILLIPS Energy 26,709.0 $3.5M 0.05% -543.0 -2.0% $132.00 -8.7%
147 EOG EOG RES INC Energy 24,269.0 $3.5M 0.04% -2K -7.4% $144.57 -3.2%
148 WFC WELLS FARGO & CO Financial Services 43,897.0 $3.5M 0.04% -821.0 -1.8% $79.61 -4.8%
149 LOW LOWES COS INC Consumer Cyclical 14,448.0 $3.4M 0.04% $236.28 -8.0%
150 DIS DISNEY WALT CO Communication Services 34,128.0 $3.3M 0.04% -299.0 -0.9% $96.38 +7.5%
151 MDT MEDTRONIC PLC Healthcare 37,763.0 $3.3M 0.04% -3K -8.1% $86.65 -9.8%
152 PM PHILIP MORRIS INTL INC Consumer Defensive 19,571.0 $3.2M 0.04% +299.0 +1.6% $165.34 +14.1%
153 IWB ISHARES TR 9,037.0 $3.2M 0.04% $356.56 +13.6%
154 SDY SPDR SERIES TRUST 22,079.0 $3.2M 0.04% $145.94 +1.9%
155 VOO VANGUARD INDEX FDS 5,320.0 $3.2M 0.04% +109.0 +2.1% $597.55 +14.3%
156 IGSB ISHARES TR 60,258.0 $3.2M 0.04% +1K +2.2% $52.56 -0.5%
157 FAST FASTENAL CO Industrials 67,259.0 $3.1M 0.04% +1K +1.6% $46.40 -6.2%
158 VO VANGUARD INDEX FDS 10,496.0 $3.0M 0.04% $287.18 -73.0%
159 FTV FORTIVE CORP Technology 54,225.0 $3.0M 0.04% -4K -6.2% $55.28 +6.8%
160 MPC MARATHON PETE CORP Energy 12,175.0 $3.0M 0.04% $244.18 +1.7%
Page 8 of 19  ·  368 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 23.1%
Healthcare 17.3%
Financial Services 13.6%
Industrials 12.1%
Consumer Cyclical 11.5%
Communication Services 8.2%
Consumer Defensive 6.7%
Basic Materials 2.8%
Energy 2.1%
Utilities 1.3%