Latest Godshalk Welsh Capital Management, Inc. Stock Portfolio

Godshalk Welsh Capital Management, Inc. Performance:

2024 Q3: 4.65%YTD: 12.96%2023: 8.22%

Performance for 2024 Q3 is 4.65%, and YTD is 12.96%, and 2023 is 8.22%.

About Godshalk Welsh Capital Management, Inc. and 13F Hedge Fund Stock Holdings

Godshalk Welsh Capital Management, Inc. is a hedge fund based in RADNOR, PA. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $253.6 Millions. In it's latest 13F Holdings report, Godshalk Welsh Capital Management, Inc. reported an equity portfolio of $158.2 Millions as of 30 Sep, 2024.

The top stock holdings of Godshalk Welsh Capital Management, Inc. are MSFT, AAPL, COST. The fund has invested 6.1% of it's portfolio in MICROSOFT CORPORATION and 5.7% of portfolio in APPLE INC .

The fund managers got completely rid off INVESCO QQQ TRUST (QQQ), INTEL CORP (INTC) and ISHARES SHORT TERM CORPORATE (AAXJ) stocks. They significantly reduced their stock positions in COMCAST CORP CLASS A (CMCSA), HERSHEY COMPANY (HSY) and LOCKHEED MARTIN CORP (LMT). Godshalk Welsh Capital Management, Inc. opened new stock positions in INVESCO QQQ TRUST (QQQ), ERIE INDEMNITY CO CL A (ERIE) and SOUTHERN COMPANY (SO). The fund showed a lot of confidence in some stocks as they added substantially to BERKLEY W R CORPORATION (WRB), CORNING INC (GLW) and T ROWE PRICE CAPITAL APPREC EQ (TAGG).

Godshalk Welsh Capital Management, Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Godshalk Welsh Capital Management, Inc. made a return of 4.65% in the last quarter. In trailing 12 months, it's portfolio return was 20.16%.

New Buys

Ticker	$ Bought
invesco qqq trust	651,573
erie indemnity co cl a	269,910
southern company	225,450
ishares ibonds dec 2028 term e	222,111
ibm corp	221,080
veralto corp	218,127
bristol-myers squibb co	206,960
apollo global mgmt	206,726

New stocks bought by Godshalk Welsh Capital Management, Inc.

Additions

Ticker	% Inc.
berkley w r corporation	46.18
ishares ibonds dec 2027 term c	42.61
corning inc	39.62
t rowe price capital apprec eq	31.28
spdr portfolio high yield bond	26.67
ishares national muni	26.06
ishares ibonds dec 2026 term c	25.69
ishares short term nat muni bd	18.84

Additions to existing portfolio by Godshalk Welsh Capital Management, Inc.

Reductions

Ticker	% Reduced
comcast corp class a	-34.48
hershey company	-14.75
lockheed martin corp	-13.64
vanguard short term bond index	-13.32
kimberly-clark corp	-11.11
unitedhealth group inc	-9.64
masco corp	-9.38
wideopenwest inc	-9.31

Godshalk Welsh Capital Management, Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
intel corp	-324,380
ishares short term corporate	-200,405
invesco qqq trust	-663,567

Godshalk Welsh Capital Management, Inc. got rid off the above stocks

Sector Distribution

Godshalk Welsh Capital Management, Inc. has about 21% of it's holdings in Technology sector.

Sector	%
Technology	21
Others	19.9
Healthcare	11.3
Consumer Defensive	11.1
Financial Services	9.1
Industrials	8.9
Consumer Cyclical	6.4
Communication Services	3.9
Energy	3
Utilities	2.6
Basic Materials	1.9
Real Estate	1.1

Market Cap. Distribution

Godshalk Welsh Capital Management, Inc. has about 76.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	39.6
MEGA-CAP	36.7
UNALLOCATED	19.9
MID-CAP	3.4

Stocks belong to which Index?

About 74.3% of the stocks held by Godshalk Welsh Capital Management, Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	74.3
Others	25.2

Top 5 Winners (%)		%
MMM	3m company	33.3 %
CARR	carrier global corp	27.6 %
MAS	masco corp	25.0 %
SBUX	starbucks corp	24.6 %
LMT	lockheed martin corp	24.3 %

Top 5 Winners ($)		$
ORCL	oracle corp	0.9 M
AAPL	apple inc	0.9 M
AXP	american express	0.5 M
LOW	lowes companies inc	0.4 M
HD	home depot inc	0.4 M

Top 5 Losers (%)		%
WRB	berkley w r corporation	-21.0 %
VLO	valero energy corp	-13.9 %
GOOG	alphabet inc cl a	-8.9 %
GOOG	alphabet inc cl c	-8.8 %
MRK	merck & co	-8.2 %

Top 5 Losers ($)		$
WRB	berkley w r corporation	-0.7 M
MSFT	microsoft corporation	-0.4 M
GOOG	alphabet inc cl a	-0.3 M
INTU	intuit inc	-0.3 M
MRK	merck & co	-0.2 M

Godshalk Welsh Capital Management, Inc. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Godshalk Welsh Capital Management, Inc.

Godshalk Welsh Capital Management, Inc. has 120 stocks in it's portfolio. About 33.7% of the portfolio is in top 10 stocks. WRB proved to be the most loss making stock for the portfolio. ORCL was the most profitable stock for Godshalk Welsh Capital Management, Inc. last quarter.

Last Reported on: 13 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	5.68	38,606	8,995,200	reduced	-3.8

AAXJ	ishares short term nat muni bd	0.83	12,300	1,306,140	added	18.84

AAXJ	ishares national muni	0.61	8,950	972,239	added	26.06

AAXJ	ishares short term corporate	0.00	0.00	0.00	sold off	-100

ABBV	abbvie inc	0.71	5,681	1,121,880	unchanged	0.00

ABT	abbott laboratories	0.23	3,182	362,780	unchanged	0.00

ACWF	ishares ibonds dec 2025 term c	0.40	25,050	628,755	added	11.58

ACWF	ishares ibonds dec 2024 term c	0.13	8,300	209,243	unchanged	0.00

ACWV	ishares msci emergmkt min vol	0.28	7,100	445,170	added	7.58

ADI	analog devices inc	0.13	870	200,248	reduced	-5.43

ADP	automatic data processing	1.36	7,759	2,147,150	reduced	-3.72

AGT	ishares ibonds dec 2026 term c	0.59	38,650	939,195	added	25.69

AMGN	amgen inc	0.23	1,145	368,930	added	15.08

AMT	american tower corp	0.92	6,285	1,461,640	reduced	-1.18

AOA	ishares core moderate allocati	0.50	17,571	792,621	reduced	-2.19

AOA	ishares russell top 200 growth	0.48	3,485	766,874	added	4.5

AOA	ishares core growth allocation	0.38	10,072	596,677	added	8.32

AWK	american water works inc	0.37	4,005	585,691	reduced	-9.08

AXP	american express	2.05	11,963	3,244,370	reduced	-5.15

BAC	bank of america corp	1.18	47,145	1,870,710	unchanged	0.00