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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 19 of 19  ·  368 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
361 VDE VANGUARD WORLD FD 1,178.0 $204K 0.00% NEW $173.04 -3.3%
362 TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 603.0 $204K 0.00% NEW $337.95 +18.8%
363 HPQ HP INC Technology 10,000.0 $192K 0.00% $19.21 +14.0%
364 DNA GINKGO BIOWORKS HOLDINGS INC Healthcare 30,000.0 $184K 0.00% $6.13 +31.8%
365 CMPX COMPASS THERAPEUTICS INC Healthcare 19,000.0 $101K 0.00% $5.29 -63.5%
366 EXG EATON VANCE TAX-MANAGED GLOB Financial Services 11,500.0 $100K 0.00% $8.66 +8.4%
367 MIST MILESTONE PHARMACEUTICALS IN Healthcare 25,000.0 $30K NEW $1.19 +27.7%
368 DRMA DERMATA THERAPEUTICS INC Healthcare 20,000.0 $24K NEW $1.21 +2.5%
Page 19 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%