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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 14 of 19  ·  374 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
261 CRWD CROWDSTRIKE HLDGS INC Technology 1,267.0 $594K 0.01% NEW $468.76 +38.3%
262 SHEL SHELL PLC Energy 7,836.0 $576K 0.01% NEW $73.48 +18.0%
263 QTEC FIRST TR EXCHANGE-TRADED FD 2,493.0 $574K 0.01% NEW $230.21 +30.1%
264 URI UNITED RENTALS INC Industrials 707.0 $572K 0.01% NEW $809.32 +15.7%
265 TER TERADYNE INC Technology 2,955.0 $572K 0.01% NEW $193.56 +77.9%
266 SO SOUTHERN CO Utilities 6,520.0 $569K 0.01% NEW $87.20 +7.4%
267 HWM HOWMET AEROSPACE INC Industrials 2,757.0 $565K 0.01% NEW $205.02 +26.8%
268 PLD PROLOGIS INC. Real Estate 4,356.0 $556K 0.01% NEW $127.66 +13.3%
269 IVE ISHARES TR 2,600.0 $551K 0.01% NEW $212.07 +6.6%
270 CTVA CORTEVA INC Basic Materials 8,005.0 $537K 0.01% NEW $67.03 +17.9%
271 CEG CONSTELLATION ENERGY CORP Utilities 1,501.0 $530K 0.01% NEW $353.27 -19.1%
272 DCI DONALDSON INC Industrials 5,965.0 $529K 0.01% NEW $88.66 -6.8%
273 WDAY WORKDAY INC Technology 2,442.0 $524K 0.01% NEW $214.78 -41.1%
274 VGT VANGUARD WORLD FD 695.0 $524K 0.01% NEW $753.78 -84.8%
275 AEP AMERICAN ELEC PWR CO INC Utilities 4,505.0 $519K 0.01% NEW $115.31 +12.4%
276 VUG VANGUARD INDEX FDS 1,053.0 $514K 0.01% NEW $487.86 -82.1%
277 BLD TOPBUILD CORP Industrials 1,219.0 $509K 0.01% NEW $417.19 -1.4%
278 ENB ENBRIDGE INC Energy 10,293.0 $492K 0.01% NEW $47.83 +20.8%
279 VIG VANGUARD SPECIALIZED FUNDS 2,145.0 $471K 0.01% NEW $219.78 +5.1%
280 MOAT VANECK ETF TRUST 4,506.0 $467K 0.01% NEW $103.56 -2.3%
Page 14 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 25.4%
Healthcare 17.6%
Financial Services 14.1%
Industrials 11.7%
Consumer Cyclical 11.1%
Communication Services 8.3%
Consumer Defensive 5.9%
Basic Materials 2.5%
Energy 1.5%
Utilities 1.0%