Latest WELCH & FORBES LLC Stock Portfolio
WELCH & FORBES LLC Performance:
2024 Q3: 2.85%YTD: 17.44%2023: 18.92%
Performance for 2024 Q3 is 2.85%, and YTD is 17.44%, and 2023 is 18.92%.
About WELCH & FORBES LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, WELCH & FORBES LLC reported an equity portfolio of $7.9 Billions as of 30 Sep, 2024.
The top stock holdings of WELCH & FORBES LLC are NVDA, AAPL, MSFT. The fund has invested 6.4% of it's portfolio in NVIDIA CORPORATION and 5.3% of portfolio in APPLE INC.
The fund managers got completely rid off GINKGO BIOWORKS HOLDINGS INC (DNA), APA CORPORATION (APA) and MARATHON OIL CORP (MRO) stocks. They significantly reduced their stock positions in NIKE INC (NKE), LABCORP HOLDINGS INC and PAYPAL HLDGS INC (PYPL). WELCH & FORBES LLC opened new stock positions in GINKGO BIOWORKS HOLDINGS INC (DNA), VANGUARD WORLD FD (VAW) and ISHARES TR (IJR). The fund showed a lot of confidence in some stocks as they added substantially to SERVICENOW INC (NOW), CINTAS CORP (CTAS) and VANGUARD INDEX FDS (VB).
The top stock holdings of WELCH & FORBES LLC are NVDA, AAPL, MSFT. The fund has invested 6.4% of it's portfolio in NVIDIA CORPORATION and 5.3% of portfolio in APPLE INC.
The fund managers got completely rid off GINKGO BIOWORKS HOLDINGS INC (DNA), APA CORPORATION (APA) and MARATHON OIL CORP (MRO) stocks. They significantly reduced their stock positions in NIKE INC (NKE), LABCORP HOLDINGS INC and PAYPAL HLDGS INC (PYPL). WELCH & FORBES LLC opened new stock positions in GINKGO BIOWORKS HOLDINGS INC (DNA), VANGUARD WORLD FD (VAW) and ISHARES TR (IJR). The fund showed a lot of confidence in some stocks as they added substantially to SERVICENOW INC (NOW), CINTAS CORP (CTAS) and VANGUARD INDEX FDS (VB).
WELCH & FORBES LLC Annual Return Estimates Vs S&P 500
Our best estimate is that WELCH & FORBES LLC made a return of 2.85% in the last quarter. In trailing 12 months, it's portfolio return was 27.4%.
New Buys
| Ticker | $ Bought |
|---|---|
| ginkgo bioworks holdings inc | 462,513 |
| vanguard world fd | 402,353 |
| ishares tr | 310,257 |
| spdr ser tr | 284,824 |
| globe life inc | 251,536 |
| cabot corp | 234,941 |
| trane technologies plc | 233,238 |
| dominion energy inc | 229,426 |
New stocks bought by WELCH & FORBES LLC
Additions
| Ticker | % Inc. |
|---|---|
| servicenow inc | 1,069 |
| cintas corp | 297 |
| vanguard index fds | 128 |
| vanguard bd index fds | 84.12 |
| broadcom inc | 83.99 |
| vanguard index fds | 22.23 |
| essential utils inc | 18.00 |
| ishares tr | 17.5 |
Additions to existing portfolio by WELCH & FORBES LLC
Reductions
| Ticker | % Reduced |
|---|---|
| nike inc | -46.75 |
| labcorp holdings inc | -31.53 |
| paypal hldgs inc | -31.15 |
| parker-hannifin corp | -29.02 |
| intel corp | -27.61 |
| boston scientific corp | -25.92 |
| stericycle inc | -24.47 |
| solventum corp | -23.73 |
WELCH & FORBES LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| ginkgo bioworks holdings inc | -2,243,520 |
| old second bancorp inc ill | -186,667 |
| apa corporation | -228,450 |
| marathon oil corp | -209,175 |
| fidelity comwlth tr | -205,455 |
WELCH & FORBES LLC got rid off the above stocks
Sector Distribution
WELCH & FORBES LLC has about 23.5% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 23.5 |
| Healthcare | 16.7 |
| Consumer Cyclical | 11.2 |
| Industrials | 10.4 |
| Financial Services | 10.4 |
| Others | 9 |
| Consumer Defensive | 7.2 |
| Communication Services | 5.2 |
| Basic Materials | 2.6 |
| Energy | 1.5 |
| Real Estate | 1.3 |
Market Cap. Distribution
WELCH & FORBES LLC has about 89.8% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 45.5 |
| MEGA-CAP | 44.3 |
| UNALLOCATED | 9 |
| MID-CAP | 1.1 |
Stocks belong to which Index?
About 88.5% of the stocks held by WELCH & FORBES LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 88.5 |
| Others | 11.3 |
WELCH & FORBES LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of WELCH & FORBES LLC
WELCH & FORBES LLC has 371 stocks in it's portfolio. About 33.8% of the portfolio is in top 10 stocks. CTAS proved to be the most loss making stock for the portfolio. HD was the most profitable stock for WELCH & FORBES LLC last quarter.
Last Reported on: 04 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| A | agilent technologies inc | 0.00 | 1,789 | 265,629 | unchanged | 0.00 | ||
| AAPL | apple inc | 5.26 | 1,772,560 | 413,006,000 | reduced | -0.82 | ||
| AAXJ | ishares tr | 0.30 | 716,537 | 23,810,600 | added | 1.92 | ||
| AAXJ | ishares tr | 0.05 | 79,085 | 4,164,620 | reduced | -2.16 | ||
| AAXJ | ishares tr | 0.00 | 3,479 | 202,165 | new | |||
| ABBV | abbvie inc | 0.92 | 364,569 | 71,995,100 | reduced | -1.69 | ||
| ABNB | airbnb inc | 0.01 | 3,475 | 440,664 | added | 1.02 | ||
| ABT | abbott labs | 0.93 | 639,109 | 72,864,900 | reduced | -0.99 | ||
| ACN | accenture plc ireland | 0.54 | 121,059 | 42,791,900 | added | 1.3 | ||
| ADBE | adobe inc | 0.77 | 117,255 | 60,712,400 | added | 0.35 | ||
| ADI | analog devices inc | 0.08 | 28,613 | 6,585,860 | added | 0.69 | ||
| ADP | automatic data processing in | 0.86 | 242,737 | 67,172,500 | reduced | -0.6 | ||
| AEP | american elec pwr co inc | 0.01 | 4,539 | 465,701 | added | 12.8 | ||
| AFK | vaneck etf trust | 0.11 | 224,692 | 8,947,300 | added | 2.26 | ||
| AFK | vaneck etf trust | 0.01 | 4,656 | 451,399 | unchanged | 0.00 | ||
| AFK | vaneck etf trust | 0.00 | 1,118 | 274,413 | unchanged | 0.00 | ||
| AFL | aflac inc | 0.51 | 358,814 | 40,115,400 | reduced | -6.31 | ||
| AJG | gallagher arthur j & co | 1.08 | 302,758 | 85,187,200 | reduced | -0.98 | ||
| ALL | allstate corp | 0.02 | 6,821 | 1,293,600 | added | 5.93 | ||
| AMAT | applied matls inc | 0.02 | 6,814 | 1,376,770 | added | 1.11 | ||