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Portfolio (Quarterly) Guide ↗

Godshalk Welsh Capital Management, Inc.

· CIK 0001631775
13F Portfolio $174M AUM Filed Nov 14, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 131 New
Page 4 of 7  ·  131 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 PSX Phillips 66 Energy 7,125.0 $969K 0.56% NEW $136.02 +30.6%
62 CSX CSX Corp Industrials 25,890.0 $919K 0.53% NEW $35.51 +28.2%
63 WTRG Essential Utilities Inc Utilities 22,961.0 $916K 0.53% NEW $39.90 -6.2%
64 AOM iShares Core Moderate Allocati 17,827.0 $848K 0.49% NEW $47.58 +3.8%
65 IBDV iShares iBonds Dec 2030 Term C 38,100.0 $844K 0.48% NEW $22.15 -1.9%
66 iShares iBonds Dec 2025 Term C 33,350.0 $840K 0.48% NEW $25.19
67 IBMP iShares iBonds Dec 2027 Term M 32,300.0 $823K 0.47% NEW $25.48 -0.3%
68 COP ConocoPhillips Energy 8,680.0 $821K 0.47% NEW $94.59 +27.3%
69 MDLZ Mondelez Intl Inc Cl A Consumer Defensive 13,125.0 $820K 0.47% NEW $62.47 -1.1%
70 Cigna Corp 2,655.0 $765K 0.44% NEW $288.25
71 NEE NextEra Energy Inc Utilities 10,000.0 $755K 0.43% NEW $75.49 +17.3%
72 IBMQ iShares iBonds Dec 2028 Term M 29,300.0 $751K 0.43% NEW $25.64 -0.7%
73 QQQ Invesco QQQ Trust Financial Services 1,235.0 $741K 0.42% NEW $600.37 +19.5%
74 IBMO iShares iBonds Dec 2026 Term M 28,500.0 $731K 0.42% NEW $25.66 -0.1%
75 VNQ Vanguard REIT 7,935.0 $725K 0.42% NEW $91.42 +5.9%
76 IUSG iShares Core S&P US Growth 4,315.0 $710K 0.41% NEW $164.54 +13.4%
77 UNH UnitedHealth Group Inc Healthcare 2,045.0 $706K 0.41% NEW $345.30 +12.5%
78 SPHY SPDR Portfolio High Yield Bond 27,750.0 $664K 0.38% NEW $23.94 -2.2%
79 DGX Quest Diagnostics Inc Healthcare 3,300.0 $629K 0.36% NEW $190.58 +2.4%
80 WCN Waste Connections Inc Industrials 3,470.0 $610K 0.35% NEW $175.80 -11.4%
Page 4 of 7  ·  131 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 31.1%
Financial Services 15.0%
Consumer Defensive 11.4%
Industrials 10.7%
Consumer Cyclical 8.3%
Healthcare 7.2%
Communication Services 5.8%
Energy 3.9%
Utilities 2.9%
Basic Materials 2.5%