Welch & Forbes LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Welch & Forbes LLC reported 383 stock positions worth $8.3 billion. Its top holding was Nvidia (NVDA) at 7.8% of the portfolio, followed by Microsoft (MSFT, 5.6%) and Apple (AAPL, 5.3%). Compared with Q2 2025, it opened 16 new positions, sold out of 5, added to 67 and reduced 184. The biggest buy was Palo Alto Networks (PANW, shares +693%) and the biggest sale an exit from Ansys (ANSS).

Most Recent 13F
Q2 2026
Location
Boston, MA
CIK
0000105495
Portfolio Value
$8.3B (Q3 2025)
SEC Filing
0000105495-25-000002 ↗ filed Nov 4, 2025

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $7.3B Q1 2024 Q2 2024: $7.5B Q2 2024 Q3 2024: $7.9B Q3 2024 Q4 2024: $7.8B Q4 2024 Q1 2025: $7.6B Q1 2025 Q2 2025: $8.0B Q2 2025 Q3 2025: $8.3B $8.3B Q3 2025 Q4 2025: $8.3B Q4 2025 Q1 2026: $7.7B Q1 2026 Q2 2026: $8.2B Q2 2026

Holdings 383 stocks · $8.3B

NVDA Nvidia Corp. 7.78% 3,462,148 $646.0M Reduce -2.1%
MSFT Microsoft Corp. 5.58% 894,788 $463.5M Reduce -0.4%
AAPL Apple Inc. 5.28% 1,722,290 $438.5M Reduce -0.8%
ORLY O'reilly Automotive Inc. 3.75% 2,884,906 $311.0M Reduce -2.1%
GOOG Alphabet Inc. Class C 3.53% 1,203,288 $293.1M Reduce -0.3%
V Visa Inc. Class A 2.99% 727,217 $248.3M Reduce -0.7%
JPM JPMorgan Chase & Co. 2.55% 671,288 $211.7M Reduce -1.3%
RTX RTX Corp. 2.30% 1,141,516 $191.0M Reduce -1.2%
SYK Stryker Corp. 2.29% 513,622 $189.9M Reduce -0.1%
HD Home Depot Inc. 2.09% 427,477 $173.2M Reduce -0.2%
COST Costco Wholesale Corp. 1.81% 161,993 $149.9M Reduce -0.7%
ECL Ecolab Inc. 1.56% 473,582 $129.7M Reduce -0.2%
LLY Eli Lilly & Co. 1.55% 168,196 $128.3M Add +12.6%
JNJ Johnson & Johnson 1.51% 675,855 $125.3M Reduce -1.6%
DHR Danaher Corp. 1.49% 622,089 $123.3M Reduce -10.5%
PG The Procter & Gamble Co. 1.46% 787,875 $121.1M Reduce -0.3%
AMZN Amazon.com Inc. 1.45% 550,124 $120.8M Add +0.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.36% 780,740 $112.8M Reduce -0.5%
FISV Fiserv Inc. 1.35% 872,375 $112.5M Add +0.8%
CB Chubb Ltd. 1.35% 398,440 $112.5M Reduce -0.7%
IDXX Idexx Laboratories Inc. 1.30% 168,926 $107.9M Reduce -0.1%
GOOGL Alphabet Inc. Class A 1.26% 429,151 $104.3M Reduce -0.3%
MDY State Street SPDR S&P Midcap 1.21% 168,530 $100.4M Reduce -0.5%
ROP Roper Technologies Inc. 1.20% 199,734 $99.6M Reduce -0.4%
MCD McDonald's Corp. 1.13% 307,613 $93.5M Reduce -1.1%
META Meta Platforms Inc. Class A 1.12% 126,162 $92.7M Add +1.7%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 1.09% 292,770 $90.7M Reduce -0.6%
RMD Resmed Inc. 1.09% 329,836 $90.3M Reduce -0.5%
VRTX Vertex Pharmaceuticals Inc. 1.04% 220,346 $86.3M Add +1.4%
WSO Watsco Inc. 1.04% 213,231 $86.2M Add +0.5%
AMP Ameriprise Financial Inc. 1.03% 174,884 $85.9M Reduce -0.6%
ABT Abbott Laboratories 1.02% 631,865 $84.6M Reduce -0.4%
ABBV Abbvie Inc. 0.97% 348,371 $80.7M Reduce -0.4%
MTD Mettler-Toledo International 0.88% 59,721 $73.3M Reduce -1.0%
AVGO Broadcom Inc. 0.84% 211,870 $69.9M Add +3.4%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.81% 658,992 $67.2M Reduce -1.5%
ADP Automatic Data Processing 0.81% 228,549 $67.1M Reduce -3.7%
CVX Chevron Corp. 0.78% 415,208 $64.5M Reduce -0.1%
PEP Pepsico Inc. 0.75% 440,826 $61.9M Reduce -17.3%
BRK.B Berkshire Hathaway Inc. Class B 0.73% 120,658 $60.7M Reduce -0.4%
VEA Vanguard Ftse Developed ETF 0.71% 982,158 $58.9M Add +0.8%
XYL Xylem Inc. 0.70% 393,371 $58.0M Add +3.2%
BKNG Booking Holdings Inc. 0.70% 10,741 $58.0M Add +26.9%
WMT Walmart Inc. 0.66% 529,371 $54.6M Add +0.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.63% 1,005,865 $51.9M Reduce -0.6%
LECO Lincoln Electric Holdings 0.61% 215,364 $50.8M Reduce -0.0%
NEE Nextera Energy Inc. 0.61% 672,709 $50.8M Add +0.8%
NOW ServiceNow Inc. 0.60% 54,046 $49.7M Add +3.1%
LIN Linde PLC 0.59% 103,758 $49.3M Add +0.6%
PAYX Paychex Inc. 0.57% 371,545 $47.1M Reduce -0.6%
CSL Carlisle Cos Inc. 0.56% 140,717 $46.3M Add +3.1%
CSCO Cisco Systems Inc. 0.53% 647,290 $44.3M Reduce -0.8%
AOS Smith (a.o.) Corp. 0.53% 595,309 $43.7M Reduce -0.2%
TMO Thermo Fisher Scientific Inc. 0.52% 89,726 $43.5M Reduce -1.5%
LHX L3HARRIS Technologies Inc. 0.52% 142,474 $43.5M Reduce -0.3%
EMLP First Trust North American E 0.49% 1,054,183 $40.4M Reduce -0.9%
CTAS Cintas Corp. 0.48% 192,368 $39.5M Reduce -0.5%
CHD Church & Dwight Co. Inc. 0.47% 443,675 $38.9M Reduce -1.1%
KMX Carmax Inc. 0.44% 818,220 $36.7M Reduce -4.7%
AFL Aflac Inc. 0.44% 326,635 $36.5M Reduce -2.0%
ADBE Adobe Inc. 0.40% 94,978 $33.5M Reduce -8.4%
XOM Exxon Mobil Corp. 0.40% 291,236 $32.8M Reduce -5.1%
ORCL Oracle Corp. 0.39% 114,895 $32.3M Reduce -1.7%
FTSL First Trust Senior Loan ETF 0.37% 678,209 $31.1M Reduce -0.6%
VZ Verizon Communications Inc. 0.37% 702,159 $30.9M Reduce -3.4%
PANW Palo Alto Networks Inc. 0.36% 147,526 $30.0M Add +693.2%
AXP American Express Co. 0.35% 87,759 $29.2M Reduce -1.2%
ACN Accenture PLC Class A 0.33% 111,598 $27.5M Reduce -8.9%
TSCO Tractor Supply Company 0.33% 483,759 $27.5M Reduce -0.9%
MRK Merck & Co. Inc. 0.33% 326,753 $27.4M Reduce -1.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.32% 40,312 $26.9M Reduce -1.2%
DOV Dover Corp. 0.31% 155,797 $26.0M Reduce -1.7%
MCO Moody's Corp. 0.29% 50,041 $23.8M Add +1.9%
QCOM Qualcomm Inc. 0.28% 140,954 $23.4M Reduce -1.7%
OTIS Otis Worldwide Corp. 0.28% 251,938 $23.0M Reduce -2.1%
GSK GSK PLC-Spon ADR 0.27% 518,597 $22.4M Reduce -0.1%
SHOP Shopify Inc. Class A 0.27% 150,548 $22.4M Add +3.0%
OMC Omnicom Group 0.26% 264,351 $21.6M Reduce -0.1%
PFF iShares Preferred & Income S 0.25% 645,491 $20.4M Reduce -3.1%
KO The Coca-Cola Co. 0.23% 288,794 $19.2M Reduce -1.5%
EQIX Equinix Inc. 0.23% 24,414 $19.1M Add +19.3%
CMI Cummins Inc. 0.23% 45,085 $19.0M Reduce -0.1%
GDX Vaneck Gold Miners ETF 0.21% 230,269 $17.6M Reduce -4.0%
IJR iShares Core S&P Small-Cap E 0.20% 137,641 $16.4M Add +6.5%
EMR Emerson Electric Co. 0.19% 117,254 $15.4M Reduce -0.1%
CGNX Cognex Corp. 0.18% 339,117 $15.4M Reduce -1.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.18% 54,413 $15.4M Reduce -8.0%
EW Edwards Lifesciences Corp. 0.17% 182,624 $14.2M Reduce -1.7%
GE General Electric filed as GE AEROSPACE 0.17% 46,292 $13.9M Reduce -1.5%
MZTI The Marzetti Company 0.15% 74,351 $12.8M Reduce -2.7%
EXPD Expeditors Intl Wash Inc. 0.15% 103,038 $12.6M Reduce -0.0%
CMCSA Comcast Corp. Class A 0.14% 375,868 $11.8M Reduce -20.8%
IVV iShares Core S&P 500 ETF 0.14% 17,450 $11.7M Add +0.5%
BSX Boston Scientific Corp. 0.13% 111,941 $10.9M Reduce -1.3%
SHW The Sherwin-Williams Co. 0.11% 27,088 $9.4M Reduce -1.8%
PFE Pfizer Inc. 0.11% 365,618 $9.3M Reduce -2.7%
CAT Caterpillar Inc. 0.11% 19,444 $9.3M Reduce -1.6%
APD Air Products & Chemicals Inc. 0.11% 33,924 $9.3M Reduce -0.4%
PGR Progressive Corp. 0.11% 36,523 $9.0M Reduce -2.6%
SNPS Synopsys Inc. 0.11% 18,075 $8.9M New
BDX Becton Dickinson and Co. 0.11% 47,610 $8.9M Reduce -4.6%
UBER Uber Technologies Inc. 0.10% 88,380 $8.7M New
CARR Carrier Global Corp. 0.10% 143,107 $8.5M Reduce -0.5%
SBUX Starbucks Corp. 0.10% 98,122 $8.3M Reduce -8.2%
MMM 3M Co. 0.10% 52,141 $8.1M No change
VEU Vanguard Ftse All-World Ex-U 0.10% 110,797 $7.9M Add +0.4%
MA Mastercard Inc. Class A 0.09% 13,860 $7.9M Add +0.2%
RPM RPM International Inc. 0.09% 66,729 $7.9M Reduce -0.3%
NVS Novartis AG-Sponsored ADR 0.09% 61,146 $7.8M Reduce -1.1%
DUK Duke Energy Corp. 0.09% 63,288 $7.8M Add +1.9%
AWK American Water Works Co. Inc. 0.09% 52,114 $7.3M Add +1.9%
AMGN Amgen Inc. 0.09% 25,156 $7.1M Reduce -1.1%
MDB Mongodb Inc. 0.08% 22,683 $7.0M Reduce -12.2%
CHKP Check Point Software Tech 0.08% 33,895 $7.0M Reduce -0.8%
GEV GE Vernova Inc. 0.08% 11,265 $6.9M Reduce -0.4%
IWM iShares Russell 2000 ETF 0.08% 27,754 $6.7M Add +0.0%
ADI Analog Devices Inc. 0.08% 27,035 $6.6M Add +0.8%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.08% 58,279 $6.5M Reduce -0.8%
IAU iShares Gold Trust 0.08% 86,883 $6.3M No change
ITW Illinois Tool Works 0.07% 22,330 $5.8M Add +0.6%
HLN Haleon PLC-ADR 0.07% 643,501 $5.8M No change
BALL Ball Corp. 0.07% 114,001 $5.7M Reduce -29.0%
QQQ Invesco QQQ Trust Series 1 0.07% 9,475 $5.7M Add +7.7%
SYY Sysco Corp. 0.07% 66,110 $5.4M Reduce -3.3%
TIP iShares Tips Bond ETF 0.06% 46,288 $5.1M Add +4.1%
TXN Texas Instruments Inc. 0.06% 27,764 $5.1M Reduce -0.3%
VRSK Verisk Analytics Inc. 0.06% 19,841 $5.0M Add +3.7%
INTC Intel Corp. 0.06% 146,706 $4.9M Reduce -27.0%
OEF iShares S&P 100 ETF 0.06% 14,536 $4.8M Add +1.1%
STT State Street Corp. 0.05% 39,153 $4.5M No change
IWO iShares Russell 2000 Growth 0.05% 13,985 $4.5M Reduce -1.6%
BMY Bristol-Myers Squibb Co. 0.05% 97,478 $4.4M Reduce -3.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 37,775 $4.3M Reduce -3.4%
IJH iShares Core S&P Midcap ETF 0.05% 65,162 $4.3M Reduce -2.0%
MDT Medtronic PLC 0.05% 44,515 $4.2M Reduce -4.8%
ISRG Intuitive Surgical Inc. 0.05% 9,384 $4.2M Reduce -0.5%
UNP Union Pacific Corp. 0.05% 17,586 $4.2M Reduce -0.8%
CL Colgate-Palmolive Co. 0.05% 51,435 $4.1M Reduce -2.5%
GIS General Mills Inc. 0.05% 80,973 $4.1M Reduce -0.4%
ROL Rollins Inc. 0.05% 68,856 $4.0M No change
VLO Valero Energy Corp. 0.05% 23,347 $4.0M Reduce -0.6%
T AT&T Inc. 0.05% 133,831 $3.8M Reduce -2.8%
WFC Wells Fargo & Co. 0.04% 44,398 $3.7M Reduce -2.4%
LMT Lockheed Martin Corp. 0.04% 7,342 $3.7M No change
UPS United Parcel Service Class B 0.04% 43,520 $3.6M Reduce -14.3%
TD Toronto-Dominion Bank 0.04% 45,234 $3.6M Reduce -3.8%
LOW Lowe's Cos Inc. 0.04% 14,293 $3.6M Reduce -0.7%
PM Philip Morris International 0.04% 21,191 $3.4M Reduce -2.4%
LNT Alliant Energy Corp. 0.04% 50,264 $3.4M No change
INTU Intuit Inc. 0.04% 4,851 $3.3M Reduce -0.3%
IWB iShares Russell 1000 ETF 0.04% 9,045 $3.3M No change
ICLR Icon PLC 0.04% 18,735 $3.3M Reduce -0.0%
FAST Fastenal Co. 0.04% 66,184 $3.2M Add +0.5%
VOO Vanguard S&P 500 ETF 0.04% 5,154 $3.2M Add +64.2%
IGSB iShares 1-5Y Inv Grade Corp. 0.04% 58,933 $3.1M Reduce -7.6%
SDY SS SPDR S&P Dividend ETF 0.04% 21,900 $3.1M No change
GILD Gilead Sciences Inc. 0.04% 26,924 $3.0M No change
DE Deere & Co. 0.04% 6,449 $2.9M Add +1.0%
VB Vanguard Most SM-Cap ETF-Usd 0.04% 11,554 $2.9M Reduce -5.5%
VWO Vanguard Ftse Emerging Marke 0.04% 54,135 $2.9M Reduce -0.1%
FTV Fortive Corp. 0.04% 59,376 $2.9M Reduce -3.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.03% 9,821 $2.9M Add +2.5%
EOG EOG Resources Inc. 0.03% 25,324 $2.8M Add +1.1%
FPEI First Trust Institutional PR 0.03% 145,856 $2.8M Reduce -0.6%
VTV Vanguard Mrngstr Val ETF-Aui 0.03% 14,161 $2.6M No change
IWF iShares Russell 1000 Growth 0.03% 5,615 $2.6M No change
COP Conocophillips 0.03% 27,337 $2.6M Add +1.0%
SCHD Schwab US DVD Equity ETF 0.03% 93,510 $2.6M No change
BX Blackstone Inc. 0.03% 14,831 $2.5M No change
EFA iShares MSCI Eafe ETF 0.03% 27,013 $2.5M Reduce -5.4%
CI The Cigna Group 0.03% 8,742 $2.5M Reduce -1.9%
CHEF The Chefs' Warehouse Inc. 0.03% 42,305 $2.5M Reduce -1.6%
MPC Marathon Petroleum Corp. 0.03% 12,175 $2.3M No change
BSV Vanguard Short-Term Bond ETF 0.03% 29,279 $2.3M Add +1.6%
HON Honeywell International Inc. 0.03% 10,931 $2.3M Reduce -1.0%
KMB Kimberly-Clark Corp. 0.03% 18,458 $2.3M Reduce -1.1%
EVN Eaton Vance Muni Inc. TR 0.03% 205,784 $2.3M No change
FTSM First Trust Enh Short Mat FD 0.03% 37,189 $2.2M Add +2.2%
IWR iShares Russell Mid-Cap ETF 0.03% 22,832 $2.2M Add +0.5%
TSLA Tesla Inc. 0.03% 4,904 $2.2M Reduce -6.8%
HUBB Hubbell Inc. 0.03% 5,027 $2.2M No change
SPGI S&P Global Inc. 0.03% 4,434 $2.2M Add +297.0%
CRM Salesforce Inc. 0.03% 8,972 $2.1M Reduce -3.0%
BLK BlackRock Inc. 0.02% 1,761 $2.1M No change
VEEV Veeva Systems Inc. Class A 0.02% 6,563 $2.0M Add +6.8%
PH Parker Hannifin Corp. 0.02% 2,551 $1.9M No change
USMV iShares MSCI USA Min Vol Fac 0.02% 19,116 $1.8M No change
WM Waste Management Inc. 0.02% 8,221 $1.8M Add +1.1%
NOC Northrop Grumman Corp. 0.02% 2,969 $1.8M Reduce -5.6%
GLP Global Partners LP 0.02% 37,420 $1.8M No change
CNI Canadian Natl Railway Co. 0.02% 18,998 $1.8M Add +1.9%
AGG iShares Core U.S. Aggregate 0.02% 17,821 $1.8M Add +17.4%
PNC PNC Financial Services Group 0.02% 8,741 $1.8M No change
MAS Masco Corp. 0.02% 24,149 $1.7M No change
AMT American Tower Corp. 0.02% 8,005 $1.5M Reduce -2.2%
VLTO Veralto Corp. 0.02% 14,397 $1.5M Reduce -1.8%
DVY iShares Select Dividend ETF 0.02% 10,756 $1.5M Reduce -2.0%
WTS Watts Water Technologies-A 0.02% 5,280 $1.5M Reduce -3.6%
VSS Vanguard Ftse All Wo X-US SC 0.02% 10,334 $1.5M No change
CPRT Copart Inc. 0.02% 32,456 $1.5M No change
IWD iShares Russell 1000 Value E 0.02% 7,145 $1.5M No change
MO Altria Group Inc. 0.02% 21,984 $1.5M No change
GD General Dynamics Corp. 0.02% 4,160 $1.4M Reduce -2.5%
COF Capital One Financial Corp. 0.02% 6,602 $1.4M Reduce -5.3%
NBN Northeast Bank 0.02% 14,000 $1.4M No change
MRSH Marsh & McLennan Cos 0.02% 6,937 $1.4M Reduce -6.4%
AMAT Applied Materials Inc. 0.02% 6,767 $1.4M Reduce -2.9%
ALL Allstate Corp. 0.02% 6,439 $1.4M Reduce -0.3%
WEC WEC Energy Group Inc. 0.02% 11,748 $1.3M No change
CVS CVS Health Corp. 0.02% 17,030 $1.3M Reduce -25.1%
ETN Eaton Corp. PLC 0.02% 3,356 $1.3M Reduce -10.7%
CEF Sprott Physical Gold and Sil 0.01% 34,001 $1.2M No change
HTD John Hancock Tax Adv DVD Inc. filed as HANCOCK JOHN TAX-ADVANTAGED 0.01% 50,000 $1.2M No change
IEFA iShares Core MSCI Eafe ETF 0.01% 13,925 $1.2M Add +8.6%
NVO Novo-Nordisk A/S-Spons ADR 0.01% 21,546 $1.2M Reduce -6.5%
USB US Bancorp 0.01% 24,297 $1.2M Reduce -4.7%
GS Goldman Sachs Group Inc. 0.01% 1,419 $1.1M Reduce -22.0%
WAT Waters Corp. 0.01% 3,738 $1.1M No change
UNH Unitedhealth Group Inc. 0.01% 3,228 $1.1M Reduce -4.0%
XLK SS Technology Select Sector 0.01% 3,864 $1.1M Add +2.9%
MDLZ Mondelez International Inc. Class A 0.01% 17,364 $1.1M Reduce -0.9%
TFC Truist Financial Corp. 0.01% 23,295 $1.1M Reduce -4.7%
VTI VG Morningstar TS MKT ETF-US 0.01% 3,224 $1.1M Add +15.7%
GM General Motors Co. 0.01% 17,339 $1.1M No change
GLD SPDR Gold Shares 0.01% 2,882 $1.0M No change
WCN Waste Connections Inc. 0.01% 5,550 $976K No change
BND Vanguard Total Bond Market 0.01% 13,118 $976K Reduce -5.1%
PSX Phillips 66 0.01% 7,123 $969K Add +1.1%
BR Broadridge Financial Solutio 0.01% 3,975 $947K Reduce -42.4%
MS Morgan Stanley 0.01% 5,898 $938K No change
IVW iShares S&P 500 Growth ETF 0.01% 7,689 $928K No change
EPD Enterprise Products Partners 0.01% 29,133 $911K Reduce -2.8%
ZBH Zimmer Biomet Holdings Inc. 0.01% 9,244 $911K Reduce -2.1%
AMD Advanced Micro Devices 0.01% 5,617 $909K Reduce -4.3%
UL Unilever PLC 0.01% 15,136 $897K Reduce -16.0%
DD Dupont DE Nemours Inc. 0.01% 11,219 $874K Add +0.8%
RAL Ralliant Corp. 0.01% 19,535 $854K New
BIV Vanguard Intermediate-Term B 0.01% 10,838 $846K Add +4.9%
AMG Affiliated Managers Group 0.01% 3,500 $835K No change
CSX CSX Corp. 0.01% 23,359 $829K Add +1.5%
EEM iShares MSCI Emerging Market 0.01% 15,232 $813K Reduce -2.5%
IJK iShares S&P Mid-Cap 400 Grow 0.01% 8,403 $806K Reduce -0.2%
GEHC GE Healthcare Technology 0.01% 10,647 $800K Reduce -0.6%
CTVA Corteva Inc. 0.01% 11,737 $794K Add +0.8%
WST West Pharmaceutical Services 0.01% 3,007 $789K Reduce -27.5%
BSM Black Stone Minerals LP 0.01% 58,966 $775K No change
PHO Invesco Water Resources ETF 0.01% 10,500 $757K Reduce -13.9%
BRK.A Berkshire Hathaway Inc. Class A 0.01% 1 $754K No change
KKR KKR & Co. Inc. 0.01% 5,781 $751K No change
VGT Vanguard Info Tech ETF 0.01% 981 $732K No change
TRV The Travelers Cos Inc. 0.01% 2,611 $729K No change
ASML ASML Holding NV-NY Reg SHS 0.01% 750 $726K No change
NKE Nike Inc. Class B 0.01% 10,108 $705K Reduce -12.2%
STE Steris PLC 0.01% 2,786 $689K No change
IT Gartner Inc. 0.01% 2,600 $683K Reduce -30.0%
URI United Rentals Inc. 0.01% 707 $675K No change
HSY The Hershey Co. 0.01% 3,530 $660K Add +0.9%
IWN iShares Russell 2000 Value E 0.01% 3,725 $659K Reduce -1.6%
HIG Hartford Insurance Group Inc. 0.01% 4,781 $638K No change
CRWD CrowdStrike Holdings Inc. Class A 0.01% 1,281 $628K Add +0.4%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.01% 4,214 $628K No change
SO The Southern Co. 0.01% 6,546 $620K Add +8.0%
WDAY Workday Inc. Class A 0.01% 2,452 $590K No change
VHT Vanguard Health Care ETF 0.01% 2,272 $590K Reduce -3.4%
WAB Wabtec Corp. 0.01% 2,931 $588K No change
PHYS Sprott Physical Gold Trust 0.01% 19,550 $579K No change
NEM Newmont Corp. 0.01% 6,790 $572K No change
QTEC First Trust Nasdq 100 Tech I 0.01% 2,493 $572K No change
SHEL Shell PLC-ADR 0.01% 7,836 $561K No change
TGT Target Corp. 0.01% 6,216 $558K Reduce -20.0%
HWM Howmet Aerospace Inc. 0.01% 2,771 $544K No change
IVE iShares S&P 500 Value ETF 0.01% 2,600 $537K No change
ENB Enbridge Inc. 0.01% 10,545 $532K No change
TYL Tyler Technologies Inc. 0.01% 1,000 $523K Reduce -1.1%
NTAP Netapp Inc. 0.01% 4,344 $515K No change
JILL J. Jill Inc. 0.01% 29,825 $511K No change
AEP American Electric Power 0.01% 4,456 $501K Reduce -0.4%
CEG Constellation Energy 0.01% 1,516 $499K No change
PLD Prologis Inc. 0.01% 4,356 $499K No change
DCI Donaldson Co. Inc. 0.01% 5,965 $488K No change
MKC McCormick & Co.-Non VTG SHRS 0.01% 7,222 $483K Reduce -9.1%
BLD Topbuild Corp. 0.01% 1,219 $476K No change
VIG Vanguard Dividend Apprec ETF 0.01% 2,145 $463K Add +17.1%
ES Eversource Energy 0.01% 6,428 $457K Reduce -7.0%
BKLN Invesco Senior Loan ETF 0.01% 21,659 $453K Reduce -65.2%
MOAT Vaneck Morningstar Wide Moat 0.01% 4,506 $447K Add +1.7%
SCHW Schwab (charles) Corp. 0.01% 4,657 $445K No change
DNA Ginkgo Bioworks Holdings Inc. 0.01% 30,000 $437K No change
GPC Genuine Parts Co. 0.01% 3,102 $430K Reduce -0.8%
ABNB Airbnb Inc. Class A 0.01% 3,515 $427K Reduce -25.4%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.01% 911 $422K No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.01% 442 $421K No change
ICE Intercontinental Exchange Inc. 0.01% 2,489 $419K Add +6.4%
WMB Williams Cos Inc. 0.01% 6,575 $417K Reduce -12.4%
EBAY eBay Inc. 0.01% 4,549 $414K Reduce -15.3%
SOXX iShares Semiconductor ETF 0.00% 1,509 $409K No change
BP BP PLC-Spons ADR 0.00% 11,853 $408K Add +11.7%
TER Teradyne Inc. 0.00% 2,955 $407K No change
EME Emcor Group Inc. 0.00% 626 $407K No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.00% 2,046 $404K No change
HIFS Hingham Institution for SVGS 0.00% 1,525 $402K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.00% 838 $402K Add +3.3%
KVUE Kenvue Inc. 0.00% 24,345 $395K No change
FLOT iShares Floating Rate Bond E 0.00% 7,650 $391K Reduce -26.4%
SMH Vaneck Semiconductor ETF 0.00% 1,193 $389K Add +6.7%
STZ Constellation Brands Inc. Class A 0.00% 2,806 $378K Reduce -44.3%
NFLX Netflix Inc. 0.00% 308 $369K No change
ADSK Autodesk Inc. 0.00% 1,125 $357K No change
AEM Agnico Eagle Mines Ltd. 0.00% 2,111 $356K No change
ROK Rockwell Automation Inc. 0.00% 1,016 $355K No change
PEG Public Service Enterprise GP 0.00% 4,250 $355K No change
PPG PPG Industries Inc. 0.00% 3,279 $345K Reduce -10.4%
TELFY Telefonica SA-Spon ADR 0.00% 67,720 $344K No change
TAN Invesco Solar ETF 0.00% 7,800 $340K Reduce -9.3%
MCK McKesson Corp. 0.00% 440 $340K Add +23.9%
APH Amphenol Corp. Class A 0.00% 2,746 $340K No change
GL Globe Life Inc. 0.00% 2,375 $340K No change
ENTG Entegris Inc. 0.00% 3,659 $338K Add +6.5%
SPSM SS SPDR P S&P 600 Small Cap 0.00% 7,263 $336K Reduce -3.0%
PLTR Palantir Technologies Inc. Class A 0.00% 1,839 $335K No change
KLAC KLA Corp. 0.00% 307 $331K No change
SMBC Southern Missouri Bancorp 0.00% 6,099 $321K No change
NTRS Northern Trust Corp. 0.00% 2,380 $320K No change
MORN Morningstar Inc. 0.00% 1,374 $319K No change
BA The Boeing Co. 0.00% 1,469 $317K Reduce -4.5%
MGRC McGrath Rentcorp 0.00% 2,600 $305K No change
RSG Republic Services Inc. 0.00% 1,325 $304K No change
VGK Vanguard Ftse Europe ETF 0.00% 3,800 $303K No change
KMI Kinder Morgan Inc. 0.00% 10,658 $302K Reduce -9.7%
SGI Somnigroup International Inc. 0.00% 3,540 $299K No change
IBB iShares Biotechnology ETF 0.00% 2,057 $297K No change
NSC Norfolk Southern Corp. 0.00% 987 $297K Reduce -11.8%
LNN Lindsay Corp. 0.00% 2,100 $295K No change
RSP Invesco S&P 500 Equal Weight 0.00% 1,552 $294K Add +2.5%
LYV Live Nation Entertainment Inc. 0.00% 1,793 $293K No change
FORM Formfactor Inc. 0.00% 8,000 $291K No change
DOW Dow Inc. 0.00% 12,607 $289K Reduce -1.7%
PDP Invesco Dorsey Wright Moment 0.00% 2,419 $286K No change
BHP BHP Group Ltd.-Spon ADR 0.00% 5,119 $285K Add +8.6%
OKE Oneok Inc. 0.00% 3,889 $284K Reduce -3.3%
ZTS Zoetis Inc. 0.00% 1,922 $281K Reduce -12.5%
UNM Unum Group 0.00% 3,572 $278K No change
VXUS Vanguard Total Intl Stock 0.00% 3,731 $274K No change
VNT Vontier Corp. 0.00% 6,502 $273K No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.00% 7,930 $273K Reduce -33.3%
HPQ HP Inc. 0.00% 10,000 $272K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.00% 884 $272K No change
MET Metlife Inc. 0.00% 3,278 $270K Reduce -3.6%
CIG Cia Energetica DE-Spon ADR 0.00% 125,628 $265K No change
HPE Hewlett Packard Enterprise 0.00% 10,700 $263K Reduce -12.3%
FLEX Flex Ltd. 0.00% 4,508 $261K No change
MU Micron Technology Inc. 0.00% 1,481 $248K New
IEF iShares 7-10 Year Treasury B 0.00% 2,565 $247K No change
SOLV Solventum Corp. 0.00% 3,380 $247K No change
TXT Textron Inc. 0.00% 2,880 $243K No change
ESGD iShares Trust iShares ESG Aw 0.00% 2,605 $242K No change
LNC Lincoln National Corp. 0.00% 6,000 $242K No change
D Dominion Energy Inc. 0.00% 3,870 $237K No change
CNQ Canadian Natural Resources 0.00% 7,290 $233K No change
TDG Transdigm Group Inc. 0.00% 174 $229K Reduce -2.3%
DEA Easterly Government Properti 0.00% 9,910 $227K No change
FDN First Trust DJ Internet Ind 0.00% 805 $225K No change
IBIT iShares Bitcoin Trust ETF 0.00% 3,455 $225K New
CCI Crown Castle Inc. 0.00% 2,320 $224K Reduce -6.7%
CDNS Cadence Design SYS Inc. 0.00% 625 $220K New
AON Aon PLC Class A 0.00% 613 $219K Reduce -24.6%
SPYM Ste STR SPDR PT S&P 500 ETF 0.00% 2,775 $217K Reduce -35.1%
PYPL PayPal Holdings Inc. 0.00% 3,190 $214K Reduce -13.0%
HUBS HubSpot Inc. 0.00% 456 $213K No change
B Barrick Mining Corp. 0.00% 6,500 $213K New
ITOT iShares Core S&P Total U.S. 0.00% 1,456 $212K New
SCHK Schwab 1000 Index ETF 0.00% 6,502 $209K New
TRMB Trimble Inc. 0.00% 2,526 $206K New
UBS UBS Group AG-Reg 0.00% 5,008 $205K New
MLM Martin Marietta Materials 0.00% 324 $204K New
DGRO iShares Core Dividend Growth 0.00% 2,998 $204K New
VOOG Vanguard S&P 500 Growth ETF 0.00% 465 $202K New
ATR Aptargroup Inc. 0.00% 1,510 $202K No change
MPLX MPLX LP 0.00% 4,029 $201K No change
NOBL Proshares S&P 500 Dividend A 0.00% 1,942 $200K New
XEXGX Eaton Vance Tax-Managed Glob 0.00% 11,500 $105K No change
AMCR Amcor PLC 0.00% 11,500 $94K No change
CMPX Compass Therapeutics Inc. 0.00% 15,000 $53K New

Portfolio Sells Q2 2025 → Q3 2025

ANSS Ansys Inc. Sold out 0.00% −1.67
KMX Carmax Inc. Reduce -4.7% 0.44% −0.28
V Visa Inc. Class A Reduce -0.7% 2.99% −0.26
SYK Stryker Corp. Reduce -0.1% 2.29% −0.25
DHR Danaher Corp. Reduce -10.5% 1.49% −0.23
ROP Roper Technologies Inc. Reduce -0.4% 1.20% −0.22
COST Costco Wholesale Corp. Reduce -0.7% 1.81% −0.21
AMP Ameriprise Financial Inc. Reduce -0.6% 1.03% −0.14
PEP Pepsico Inc. Reduce -17.3% 0.75% −0.13
ACN Accenture PLC Class A Reduce -8.9% 0.33% −0.13
PG The Procter & Gamble Co. Reduce -0.3% 1.46% −0.11
PAYX Paychex Inc. Reduce -0.6% 0.57% −0.11
ADP Automatic Data Processing Reduce -3.7% 0.81% −0.11
CB Chubb Ltd. Reduce -0.7% 1.35% −0.10
ADBE Adobe Inc. Reduce -8.4% 0.40% −0.10
AJG Arthur J Gallagher & Co. Reduce -0.6% 1.09% −0.09
CHD Church & Dwight Co. Inc. Reduce -1.1% 0.47% −0.07
CMCSA Comcast Corp. Class A Reduce -20.8% 0.14% −0.07
CTAS Cintas Corp. Reduce -0.5% 0.48% −0.06
ABT Abbott Laboratories Reduce -0.4% 1.02% −0.06
DOV Dover Corp. Reduce -1.7% 0.31% −0.05
IRM Iron Mountain Inc. Reduce -1.5% 0.81% −0.05
BALL Ball Corp. Reduce -29.0% 0.07% −0.04
OTIS Otis Worldwide Corp. Reduce -2.1% 0.28% −0.04
ECL Ecolab Inc. Reduce -0.2% 1.56% −0.03
IBM Intl Business Machines Corp. Reduce -8.0% 0.18% −0.03
CSCO Cisco Systems Inc. Reduce -0.8% 0.53% −0.03
CARR Carrier Global Corp. Reduce -0.5% 0.10% −0.03
KO The Coca-Cola Co. Reduce -1.5% 0.23% −0.03
SBUX Starbucks Corp. Reduce -8.2% 0.10% −0.02
VZ Verizon Communications Inc. Reduce -3.4% 0.37% −0.02
BSX Boston Scientific Corp. Reduce -1.3% 0.13% −0.02
UPS United Parcel Service Class B Reduce -14.3% 0.04% −0.02
XOM Exxon Mobil Corp. Reduce -5.1% 0.40% −0.02
FTSL First Trust Senior Loan ETF Reduce -0.6% 0.37% −0.02
PGR Progressive Corp. Reduce -2.6% 0.11% −0.02
ISRG Intuitive Surgical Inc. Reduce -0.5% 0.05% −0.01
EMLP First Trust North American E Reduce -0.9% 0.49% −0.01
BKLN Invesco Senior Loan ETF Reduce -65.2% 0.01% −0.01
TXN Texas Instruments Inc. Reduce -0.3% 0.06% −0.01
IT Gartner Inc. Reduce -30.0% 0.01% −0.01
EW Edwards Lifesciences Corp. Reduce -1.7% 0.17% −0.01
CL Colgate-Palmolive Co. Reduce -2.5% 0.05% −0.01
MZTI The Marzetti Company Reduce -2.7% 0.15% −0.01
EMR Emerson Electric Co. Reduce -0.1% 0.19% −0.01
CHKP Check Point Software Tech Reduce -0.8% 0.08% −0.01
BR Broadridge Financial Solutio Reduce -42.4% 0.01% −0.01
PFF iShares Preferred & Income S Reduce -3.1% 0.25% −0.01
MCD McDonald's Corp. Reduce -1.1% 1.13% −0.01
APD Air Products & Chemicals Inc. Reduce -0.4% 0.11% −0.01

Portfolio Buys Q2 2025 → Q3 2025

PANW Palo Alto Networks Inc. Add +693.2% 0.36% +0.31
AVGO Broadcom Inc. Add +3.4% 0.84% +0.14
SNPS Synopsys Inc. New 0.11% +0.11
UBER Uber Technologies Inc. New 0.10% +0.10
LLY Eli Lilly & Co. Add +12.6% 1.55% +0.09
BKNG Booking Holdings Inc. Add +26.9% 0.70% +0.09
XYL Xylem Inc. Add +3.2% 0.70% +0.08
SHOP Shopify Inc. Class A Add +3.0% 0.27% +0.06
NEE Nextera Energy Inc. Add +0.8% 0.61% +0.03
EQIX Equinix Inc. Add +19.3% 0.23% +0.03
IJR iShares Core S&P Small-Cap E Add +6.5% 0.20% +0.02
SPGI S&P Global Inc. Add +297.0% 0.03% +0.02
VOO Vanguard S&P 500 ETF Add +64.2% 0.04% +0.02
VEA Vanguard Ftse Developed ETF Add +0.8% 0.71% +0.01
WMT Walmart Inc. Add +0.6% 0.66% +0.01
RAL Ralliant Corp. New 0.01% +0.01
QQQ Invesco QQQ Trust Series 1 Add +7.7% 0.07% +0.01
IWM iShares Russell 2000 ETF Add +0.0% 0.08% +0.01
IVV iShares Core S&P 500 ETF Add +0.5% 0.14% +0.01
FAST Fastenal Co. Add +0.5% 0.04% +0.00
OEF iShares S&P 100 ETF Add +1.1% 0.06% +0.00
MU Micron Technology Inc. New 0.00% +0.00
DUK Duke Energy Corp. Add +1.9% 0.09% +0.00
AGG iShares Core U.S. Aggregate Add +17.4% 0.02% +0.00
IBIT iShares Bitcoin Trust ETF New 0.00% +0.00
B Barrick Mining Corp. New 0.00% +0.00
CDNS Cadence Design SYS Inc. New 0.00% +0.00
ITOT iShares Core S&P Total U.S. New 0.00% +0.00
VEU Vanguard Ftse All-World Ex-U Add +0.4% 0.10% +0.00
DGRO iShares Core Dividend Growth New 0.00% +0.00
MLM Martin Marietta Materials New 0.00% +0.00
SCHK Schwab 1000 Index ETF New 0.00% +0.00
TRMB Trimble Inc. New 0.00% +0.00
UBS UBS Group AG-Reg New 0.00% +0.00
NOBL Proshares S&P 500 Dividend A New 0.00% +0.00
VOOG Vanguard S&P 500 Growth ETF New 0.00% +0.00
VTI VG Morningstar TS MKT ETF-US Add +15.7% 0.01% +0.00
ITW Illinois Tool Works Add +0.6% 0.07% +0.00
VEEV Veeva Systems Inc. Class A Add +6.8% 0.02% +0.00
IEFA iShares Core MSCI Eafe ETF Add +8.6% 0.01% +0.00
PSX Phillips 66 Add +1.1% 0.01% +0.00
XLK SS Technology Select Sector Add +2.9% 0.01% +0.00
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +2.5% 0.03% +0.00
BP BP PLC-Spons ADR Add +11.7% 0.00% +0.00
DD Dupont DE Nemours Inc. Add +0.8% 0.01% +0.00
TIP iShares Tips Bond ETF Add +4.1% 0.06% +0.00
VIG Vanguard Dividend Apprec ETF Add +17.1% 0.01% +0.00
COP Conocophillips Add +1.0% 0.03% +0.00
MCK McKesson Corp. Add +23.9% 0.00% +0.00
SMH Vaneck Semiconductor ETF Add +6.7% 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 388$8.2BNVDA, AAPL, GOOG, MSFT, ORLY
Q1 2026 368$7.7BNVDA, AAPL, GOOG, MSFT, ORLY
Q4 2025 374$8.3BNVDA, AAPL, MSFT, GOOG, ORLY
Q3 2025 383$8.3BNVDA, MSFT, AAPL, ORLY, GOOG
Q2 2025 372$8.0BNVDA, MSFT, AAPL, ORLY, V
Q1 2025 370$7.6BNVDA, AAPL, MSFT, ORLY, V
Q4 2024 379$7.8BNVDA, AAPL, MSFT, ORLY, V
Q3 2024 373$7.9BNVDA, AAPL, MSFT, ORLY, V
Q2 2024 366$7.5BNVDA, MSFT, AAPL, GOOG, ORLY
Q1 2024 378$7.3BNVDA, MSFT, AAPL, ORLY, V