Welch & Forbes LLC

Name: Welch & Forbes LLC: Form 13F holdings for the quarter ended 2026-06-30
Creator: Listed

An institutional investment manager in Boston, MA. Its Form 13F for the quarter ended Jun 30, 2026, filed Jul 30, 2026. SEC CIK 105495.

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Reported value$8.23bn
Positions388

Holdings: 388 positions

The filing on sec.gov

As filed, largest first. Reported value is what the manager stated for each position at the quarter end, in US dollars; it is filing data, not a price. Weight is the position's share of the total reported value. Changes compare with the 13F for the quarter ended 2026-03-31.

Welch & Forbes LLC, holdings
Issuer	Class	CUSIP	Reported value$m	Weight	Shares	Change on the quarter before
Nvidia CorporationNVDA	COM	67066G104	609	7.4%	3,041,196	Reduced−55,207
Apple IncAAPL	COM	037833100	481	5.8%	1,662,845	Reduced−17,064
Alphabet IncGOOGL	CAP STK CL C	02079K107	407	5.0%	1,153,229	Reduced−19,134
Microsoft CorpMSFT	COM	594918104	331	4.0%	887,243	Added+5,660
Oreilly Automotive IncORLY	COM	67103H107	259	3.1%	2,809,432	Reduced−22,738
Visa IncV	COM CL A	92826C839	242	2.9%	705,106	Reduced−14,445
Jpmorgan Chase & CoJPM	COM	46625H100	211	2.6%	645,494	Reduced−7,413
ELI Lilly & CoLLY	COM	532457108	207	2.5%	172,704	Added+4,469
RTX CorporationRTX	COM	75513E101	203	2.5%	1,069,878	Reduced−24,716
Johnson & JohnsonJNJ	COM	478160104	167	2.0%	657,989	Added+461
Stryker CorporationSYK	COM	863667101	164	2.0%	519,496	Added+10,441
Costco Wholesale CorporationCOST	COM	22160K105	152	1.8%	162,277	Added+911
Home Depot IncHD	COM	437076102	151	1.8%	428,508	Reduced−186
Alphabet IncGOOGL	CAP STK CL A	02079K305	144	1.7%	401,718	Reduced−7,727
Amazon Com IncAMZN	COM	023135106	138	1.7%	579,893	Added+11,927
Chubb Limited	COM	H1467J104	131	1.6%	384,803	Reduced−1,953
Ecolab IncECL	COM	278865100	131	1.6%	468,722	Reduced−1,721
TJX Cos Inc NewTJX	COM	872540109	116	1.4%	767,963	Reduced−4,012
Danaher Corp DelDHR	COM	235851102	114	1.4%	598,324	Reduced−14,333
Procter & Gamble CoPG	COM	742718109	111	1.3%	754,625	Reduced−9,227
Palo Alto Networks IncPANW	COM	697435105	110	1.3%	322,392	Added+21,828
Vertex Pharmaceuticals IncVRTX	COM	92532F100	110	1.3%	221,304	Added+1,635
State STR SPDR S&P Midcap 40MDY	UTSER1 S&PDCRP	78467Y107	100.0	1.2%	142,173	Reduced−19,381
Broadcom IncAVGO	COM	11135F101	99.4	1.2%	263,007	Added+21,566
Idexx Labs IncIDXX	COM	45168D104	88.3	1.1%	167,666	Reduced−515
Watsco IncWSO	COM	942622200	87.2	1.1%	209,280	Reduced−525
Abbvie IncABBV	COM	00287Y109	87.1	1.1%	345,978	Added+2,363
Meta Platforms IncMETA	CL A	30303M102	83.8	1.0%	148,710	Added+14,741
McDonalds CorpMCD	COM	580135101	80.8	1.0%	298,932	Reduced−5,057
Iron MTN Inc DelIRM	COM	46284V101	80.8	1.0%	639,322	Reduced−12,746
Ameriprise Finl IncAMP	COM	03076C106	78.5	1.0%	171,132	Reduced−2,329
Cisco Sys IncCSCO	COM	17275R102	73.9	0.9%	629,560	Reduced−3,987
Mettler Toledo InternationalMTD	COM	592688105	72.9	0.9%	57,090	Reduced−1,717
Vanguard Tax-Managed FDS	VAN FTSE DEV MKT	921943858	67.7	0.8%	950,233	Reduced−20,178
Gallagher Arthur J & CoAJG	COM	363576109	66.5	0.8%	289,883	Reduced−3,405
Chevron CorporationCVX	COM	166764100	66.1	0.8%	398,635	Reduced−1,901
Resmed IncRMD	COM	761152107	62.8	0.8%	322,033	Reduced−4,374
Nextera Energy IncNEE	COM	65339F101	61.2	0.7%	696,876	Added+21,488
Walmart IncWMT	COM	931142103	59.6	0.7%	526,233	Added+3,135
Berkshire Hathaway Inc DelBRK-B	CL B NEW	084670702	57.9	0.7%	115,656	Reduced−1,880
Lincoln Elec Holdings IncLECO	COM	533900106	55.5	0.7%	208,918	Reduced−970
Bank of Amer CorpBAC	COM	060505104	54.5	0.7%	957,307	Reduced−19,288
Pepsico IncPEP	COM	713448108	54.5	0.7%	402,525	Reduced−13,452
Linde plc	SHS	G54950103	54.0	0.7%	104,115	Reduced−1,155
Abbott LaboratoriesABT	COM	002824100	54.0	0.7%	595,129	Reduced−34,707
Carlisle Cos IncCSL	COM	142339100	51.8	0.6%	142,765	Added+2,299
Automatic Data Processing inADP	COM	053015103	50.0	0.6%	223,090	Reduced−870
Roper Technologies IncROP	COM	776696106	47.5	0.6%	140,495	Reduced−39,625
Booking Holdings IncBKNG	COM	09857L108	46.9	0.6%	263,055	Added+252,185
Xylem IncXYL	COM	98419M100	46.8	0.6%	395,967	Reduced−17,888
Thermo Fisher Scientific IncTMO	COM	883556102	41.8	0.5%	83,322	Reduced−5,612
First TR Exchange-Traded FD	NO AMER ENERGY	33738D101	40.8	0.5%	937,533	Reduced−58,470
Merck & Co IncMRK	COM	58933Y105	40.7	0.5%	316,952	Reduced−416
L3HARRIS Technologies IncLHX	COM	502431109	40.4	0.5%	139,101	Added+1,005
Exxon Mobil Corp	COM	30231G102	39.4	0.5%	287,954	Added+2,972
Aflac IncAFL	COM	001055102	36.9	0.4%	315,029	Reduced−1,982
Paychex IncPAYX	COM	704326107	35.7	0.4%	363,475	Added+1,359
Church & Dwight Co IncCHD	COM	171340102	34.6	0.4%	357,066	Reduced−21,836
Smith a O CorpAOS	COM	831865209	33.4	0.4%	532,209	Reduced−47,571
State STR SPDR S&P 500 ETF TSPY	TR UNIT	78462F103	32.5	0.4%	43,500	Reduced−2,128
Cintas CorpCTAS	COM	172908105	32.4	0.4%	190,216	Reduced−203
Dover CorpDOV	COM	260003108	32.0	0.4%	142,893	Reduced−550
Cummins IncCMI	COM	231021106	29.5	0.4%	41,387	Reduced−1,424
American Express CoAXP	COM	025816109	27.5	0.3%	81,174	Reduced−590
Servicenow IncNOW	COM	81762P102	27.3	0.3%	275,179	Reduced−9,685
GSK plcGSK	SPONSORED ADR	37733W204	27.2	0.3%	518,597	Unchanged
Verizon Communications IncVZ	COM	92343V104	27.2	0.3%	641,841	Reduced−10,423
First TR Exchange-Traded FD	SENIOR LN FD	33738D309	26.7	0.3%	597,151	Reduced−34,722
Equinix IncEQIX	COM	29444U700	26.7	0.3%	25,590	Reduced−204
Qualcomm IncQCOM	COM	747525103	25.6	0.3%	138,519	Added+268
Cognex CorpCGNX	COM	192422103	23.9	0.3%	330,660	Added+7,767
Moodys CorpMCO	COM	615369105	23.1	0.3%	51,007	Added+212
Coca Cola CoKO	COM	191216100	21.9	0.3%	270,059	Reduced−11,058
Caterpillar IncCAT	COM	149123101	21.4	0.3%	20,137	Added+1,106
Ishares TR	CORE S&P SCP ETF	464287804	20.5	0.2%	138,219	Reduced−2,925
Carmax IncKMX	COM	143130102	20.5	0.2%	387,190	Reduced−39,643
International Business MachsIBM	COM	459200101	19.6	0.2%	69,666	Added+16,221
Intel CorpINTC	COM	458140100	19.4	0.2%	139,049	Reduced−3,242
Shopify IncSHOP	CL A SUB VTG SHS	82509L107	18.2	0.2%	159,087	Added+5,556
Oracle CorpORCL	COM	68389X105	17.8	0.2%	121,788	Added+7,853
Otis Worldwide CorpOTIS	COM	68902V107	17.0	0.2%	238,066	Reduced−7,612
GE AerospaceGE	COM NEW	369604301	16.5	0.2%	44,138	Reduced−1,644
Expeditors International Wash IncEXPD	COM	302130109	16.3	0.2%	99,915	Reduced−442
Edwards Lifesciences CorpEW	COM	28176E108	16.2	0.2%	178,868	Reduced−636
Omnicom Group IncOMC	COM	681919106	16.0	0.2%	220,272	Reduced−18,097
Uber Technologies IncUBER	COM	90353T100	16.0	0.2%	222,080	Reduced−1,968
Emerson Elec CoEMR	COM	291011104	16.0	0.2%	111,601	Added+1,125
Ishares TR	PFD AND INCM SEC	464288687	15.9	0.2%	521,867	Reduced−62,874
Fiserv IncFISV	COM	337738108	15.1	0.2%	308,444	Reduced−197,950
Synopsys IncSNPS	COM	871607107	14.9	0.2%	33,409	Reduced−82
Tractor Supply CoTSCO	COM	892356106	13.2	0.2%	418,308	Reduced−59,608
Vaneck ETF Trust	GOLD MINERS ETF	92189F106	12.8	0.2%	169,404	Reduced−17,845
Netflix Inc.NFLX	COM	64110L106	12.7	0.2%	177,517	Added+59,069
Ishares TR	CORE S&P500 ETF	464287200	12.6	0.2%	16,765	Reduced−299
GE Vernova IncGEV	COM	36828A101	12.5	0.2%	10,672	Reduced−452
Analog Devices IncADI	COM	032654105	10.8	0.1%	27,288	Added+1,231
Carrier Global CorporationCARR	COM	14448C104	10.2	0.1%	139,202	Reduced−1,997
Air Products and Chemicals IAPD	COM	009158106	9.8	0.1%	33,571	Added+309
Vanguard International Equity Index F	ALLWRLD EX US	922042775	9.8	0.1%	117,094	Added+4,515
Sherwin Williams CoSHW	COM	824348106	9.5	0.1%	27,480	Added+470
Amgen IncAMGN	COM	031162100	9.4	0.1%	25,959	Added+1,113
Texas Instrs IncTXN	COM	882508104	9.3	0.1%	31,065	Added+2,452
Novartis AGNVS	SPONSORED ADR	66987V109	9.1	0.1%	57,984	Added+358
Starbucks CorpSBUX	COM	855244109	8.8	0.1%	86,198	Added+1,647
Marzetti CompanyMZTI	COM	513847103	8.2	0.1%	72,115	Reduced−308
Mongodb IncMDB	CL A	60937P106	8.2	<0.1%	24,477	Added+892
Pfizer IncPFE	COM	717081103	8.2	<0.1%	341,080	Reduced−5,504
3M CoMMM	COM	88579Y101	8.0	<0.1%	49,456	Reduced−1,153
Progressive CorpPGR	COM	743315103	7.9	<0.1%	36,005	Reduced−252
Duke Energy Corp NewDUK	COM NEW	26441C204	7.8	<0.1%	61,942	Reduced−5
Ishares TR	RUSSELL 2000 ETF	464287655	7.5	<0.1%	24,806	Reduced−797
Invesco QQQ TR	UNIT SER 1	46090E103	7.2	<0.1%	9,753	Reduced−338
Mastercard IncorporatedMA	CL A	57636Q104	6.7	<0.1%	13,080	Added+727
Ishares Gold TRIAU	ISHARES NEW	464285204	6.6	<0.1%	86,883	Unchanged
State STR CorpSTT	COM	857477103	6.5	<0.1%	38,182	Reduced−747
Chefs Whse IncCHEF	COM	163086101	6.3	<0.1%	65,255	Added+1,000
Valero Energy CorpVLO	COM	91913Y100	6.2	<0.1%	23,635	Added+315
American WTR WKS Co Inc NewAWK	COM	030420103	6.1	<0.1%	46,177	Reduced−3,247
Haleon plcHLN	SPON ADS	405552100	6.0	<0.1%	643,501	Unchanged
Illinois Tool WKS IncITW	COM	452308109	6.0	<0.1%	22,109	Reduced−11
RPM International IncRPM	COM	749685103	5.9	<0.1%	53,449	Reduced−8,277
Ishares TR	IBOXX INV CP ETF	464287242	5.8	<0.1%	52,767	Reduced−3,103
Ishares TR	TIPS BD ETF	464287176	5.5	<0.1%	50,316	Added+1,269
Ishares TR	RUS 2000 GRW ETF	464287648	5.5	<0.1%	13,919	Reduced−61
Ishares TR	CORE S&P MCP ETF	464287507	5.5	<0.1%	70,729	Reduced−7,977
Toronto Dominion BK OntTD	COM NEW	891160509	5.2	<0.1%	43,217	Reduced−99
Bristol-Myers Squibb CoBMY	COM	110122108	5.2	<0.1%	91,005	Reduced−3,319
Union Pac CorpUNP	COM	907818108	5.0	<0.1%	18,399	Added+850
Becton Dickinson & CoBDX	COM	075887109	5.0	<0.1%	32,999	Reduced−4,927
Applied Matls IncAMAT	COM	038222105	4.9	<0.1%	6,836	Added+100
Deere & CoDE	COM	244199105	4.6	<0.1%	7,269	Added+982
Sysco CorpSYY	COM	871829107	4.5	<0.1%	54,426	Reduced−883
Ishares TR	S&P 100 ETF	464287101	4.5	<0.1%	12,257	Reduced−930
Colgate Palmolive CoCL	COM	194162103	4.4	<0.1%	47,587	Added+823
Ishares TR	ISHS 1-5YR INVS	464288646	4.3	<0.1%	82,588	Added+22,330
Check Point Software Tech LT	ORD	M22465104	4.2	<0.1%	32,325	Reduced−1,670
United Parcel SVCS IncUPS	CL B	911312106	4.2	<0.1%	39,102	Reduced−2,149
Ishares TR	CORE US AGGBD ET	464287226	4.2	<0.1%	42,377	Added+13,927
Lockheed Martin CorpLMT	COM	539830109	4.1	<0.1%	8,031	Added+581
Vanguard International Equity Index F	FTSE EMR MKT ETF	922042858	4.0	<0.1%	66,937	Added+11,959
Alliant Energy CorpLNT	COM	018802108	3.8	<0.1%	50,264	Unchanged
Vanguard BD Index FDS	SHORT TRM BOND	921937827	3.8	<0.1%	49,210	Reduced−8,609
Vanguard Index FDS	S&P 500 ETF SHS	922908363	3.8	<0.1%	5,472	Added+152
Lowes Cos IncLOW	COM	548661107	3.7	<0.1%	16,861	Added+2,413
Ishares TR	RUS 1000 ETF	464287622	3.7	<0.1%	9,037	Unchanged
Ball CorpBALL	COM	058498106	3.7	<0.1%	59,232	Reduced−8,160
Wells Fargo & CoWFC	COM	949746101	3.7	<0.1%	44,645	Added+748
Intuitive Surgical IncISRG	COM NEW	46120E602	3.7	<0.1%	9,218	Reduced−65
Gilead Sciences IncGILD	COM	375558103	3.4	<0.1%	26,755	Added+85
SPDR Series Trust	ST STR SP DIV	78464A763	3.4	<0.1%	22,079	Unchanged
Vanguard Index FDS	MID CAP ETF	922908629	3.3	<0.1%	41,496	Added+31,000
Comcast Corp NewCMCSA	CL A	20030N101	3.3	<0.1%	133,550	Reduced−24,163
Fastenal CoFAST	COM	311900104	3.2	<0.1%	67,549	Added+290
Vanguard Index FDS	SMALL CP ETF	922908751	3.2	<0.1%	10,666	Unchanged
EOG Res IncEOG	COM	26875P101	3.2	<0.1%	24,390	Added+121
Fortive CorpFTV	COM	34959J108	3.1	<0.1%	51,548	Reduced−2,677
Vanguard Index FDS	VALUE ETF	922908744	3.1	<0.1%	14,278	Reduced−58
Ishares TR	RUS 1000 GRW ETF	464287614	3.1	<0.1%	24,588	Added+19,176
Disney Walt CoDIS	COM	254687106	3.0	<0.1%	31,601	Reduced−2,527
Schwab Strategic TR	US DIVIDEND EQ	808524797	2.9	<0.1%	92,277	Unchanged
Rollins IncROL	COM	775711104	2.9	<0.1%	68,856	Unchanged
Marathon Pete CorpMPC	COM	56585A102	2.8	<0.1%	11,052	Reduced−1,123
Ishares TR	MSCI EAFE ETF	464287465	2.8	<0.1%	27,093	Added+521
ConocophillipsCOP	COM	20825C104	2.8	<0.1%	26,729	Added+20
Accenture plc Ireland	SHS CLASS A	G1151C101	2.8	<0.1%	22,108	Reduced−62,069
Hubbell IncHUBB	COM	443510607	2.7	<0.1%	5,117	Added+30
Medtronic plc	SHS	G5960L103	2.7	<0.1%	34,073	Reduced−3,690
Philip Morris International IncPM	COM	718172109	2.6	<0.1%	14,603	Reduced−4,968
AT&T IncT	COM	00206R102	2.6	<0.1%	127,546	Reduced−5,741
Waters CorpWAT	COM	941848103	2.6	<0.1%	6,809	Reduced−792
Parker-Hannifin CorpPH	COM	701094104	2.5	<0.1%	2,585	Reduced−29
Ishares TR	RUS MID CAP ETF	464287499	2.5	<0.1%	22,380	Reduced−55
Advanced Micro Devices IncAMD	COM	007903107	2.4	<0.1%	4,123	Reduced−1,646
The Cigna GroupCI	COM	125523100	2.4	<0.1%	8,685	Added+29
First TR Exch Traded FD III	INSTL PFD SECS	33739P855	2.4	<0.1%	123,815	Reduced−16,956
PNC Finl SVCS Group IncPNC	COM	693475105	2.3	<0.1%	9,520	Added+101
Eaton Vance Mun Income TREVN	SH BEN INT	27826U108	2.3	<0.1%	205,784	Unchanged
General Mills IncGIS	COM	370334104	2.3	<0.1%	66,567	Reduced−4,084
Blackstone IncBX	COM	09260D107	2.3	<0.1%	19,602	Added+5,375
Ishares TR	CORE MSCI EAFE	46432F842	2.3	<0.1%	23,399	Reduced−693
Canadian Natl Ry CoCNI	COM	136375102	2.2	<0.1%	18,663	Unchanged
Tesla IncTSLA	COM	88160R101	2.2	<0.1%	5,199	Added+318
Eaton Corp plc	SHS	G29183103	2.2	<0.1%	5,123	Added+1,774
Watts Water Technologies IncWTS	CL A	942749102	2.2	<0.1%	5,495	Added+215
Micron Technology IncMU	COM	595112103	2.1	<0.1%	1,835	Added+104
Blackrock IncBLK	COM	09290D101	1.9	<0.1%	1,967	Added+246
Northeast BK Portland Me	COM	66405S100	1.9	<0.1%	14,000	Unchanged
Ishares TR	MSCI USA MIN ETF	46429B697	1.8	<0.1%	19,116	Unchanged
Adobe IncADBE	COM	00724F101	1.8	<0.1%	8,853	Reduced−3,180
S&P Global IncSPGI	COM	78409V104	1.8	<0.1%	4,413	Added+34
Masco CorpMAS	COM	574599106	1.8	<0.1%	22,051	Reduced−1,098
Global Partners LPGLP	COM UNITS	37946R109	1.7	<0.1%	37,420	Unchanged
Kimberly-Clark CorpKMB	COM	494368103	1.7	<0.1%	15,462	Reduced−879
Goldman Sachs Group IncGS	COM	38141G104	1.6	<0.1%	1,625	Added+36
CVS Health CorpCVS	COM	126650100	1.6	<0.1%	15,678	Added+1,173
Vanguard International Equity Index F	FTSE SMCAP ETF	922042718	1.6	<0.1%	10,325	Reduced−9
Ishares TR	MSCI EMG MKT ETF	464287234	1.6	<0.1%	23,245	Added+900
Allstate CorpALL	COM	020002101	1.6	<0.1%	6,645	Added+6
Verisk Analytics IncVRSK	COM	92345Y106	1.6	<0.1%	8,775	Reduced−6,818
Select Sector SPDR TR	ST STR TECHN ETF	81369Y803	1.5	<0.1%	8,125	Reduced−5
First TR Exchange-Traded FD	FIRST TR ENH NEW	33739Q408	1.5	<0.1%	25,841	Reduced−6,804
Northrop Grumman CorpNOC	COM	666807102	1.5	<0.1%	2,968	Reduced−19
Icon Pub Ltd Co	SHS	G4705A100	1.5	<0.1%	8,655	Added+50
US BancorpUSB	COM NEW	902973304	1.5	<0.1%	24,552	Reduced−53
Morgan StanleyMS	COM NEW	617446448	1.5	<0.1%	7,026	Added+1,369
General Dynamics CorpGD	COM	369550108	1.5	<0.1%	4,121	Added+38
SPDR Gold TRGLD	GOLD SHS	78463V107	1.4	<0.1%	3,807	Added+375
Ishares TR	SELECT DIVID ETF	464287168	1.4	<0.1%	8,855	Reduced−596
Asml HLDG NV	N Y REGISTRY SHS	N07059210	1.4	<0.1%	694	Reduced−67
Affiliated Managers GroupAMG	COM	008252108	1.4	<0.1%	4,072	Added+572
American Tower CorpAMT	COM	03027X100	1.4	<0.1%	8,390	Added+615
WEC Energy Group IncWEC	COM	92939U106	1.4	<0.1%	11,648	Unchanged
Hancock John Tax-AdvantagedHTD	COM	41013V100	1.3	<0.1%	50,000	Unchanged
Enterprise Prods Partners LEPD	COM	293792107	1.3	<0.1%	34,416	Added+5,121
Phillips 66PSX	COM	718546104	1.2	<0.1%	7,131	Added+424
IntuitINTU	COM	461202103	1.2	<0.1%	4,518	Reduced−247
West Pharmaceutical SVSC IncWST	COM	955306105	1.2	<0.1%	3,223	Reduced−190
Veeva Sys IncVEEV	CL A COM	922475108	1.1	<0.1%	6,390	Added+795
Altria Group IncMO	COM	02209S103	1.1	<0.1%	15,504	Reduced−2,919
Waste MGMT Inc DelWM	COM	94106L109	1.1	<0.1%	4,979	Unchanged
Marsh & McLennan Cos IncMRSH	COM	571748102	1.1	<0.1%	6,521	Reduced−268
Ishares TR	RUS 1000 VAL ETF	464287598	1.1	<0.1%	4,470	Reduced−1,425
CSX CorpCSX	COM	126408103	1.1	<0.1%	22,663	Added+478
Crowdstrike Holdings IncCRWD	CL A	22788C105	1.1	<0.1%	1,399	Added+120
Honeywell Aerospace IncHONA	COM	43849R105	1.1	<0.1%	4,815	New+4,815
Salesforce IncCRM	COM	79466L302	1.1	<0.1%	6,740	Reduced−225
Ishares TR	S&P 500 GRWT ETF	464287309	1.0	<0.1%	7,589	Unchanged
General MTRS CoGM	COM	37045V100	1.0	<0.1%	13,483	Reduced−1,719
Novo-Nordisk a SNVO	ADR	670100205	1.0	<0.1%	21,137	Reduced−160
Honeywell International IncHON	COM	438516205	1.0	<0.1%	4,516	New+4,516
Sprott Asset Management LPCEF	PHYSICAL GOLD AN	85208R101	1.0	<0.1%	25,100	Unchanged
Truist Finl CorpTFC	COM	89832Q109	1.0	<0.1%	19,990	Unchanged
Ralliant CorpRAL	COM	750940108	1.0	<0.1%	13,444	Reduced−992
Ishares TR	S&P MC 400GR ETF	464287606	1.0	<0.1%	8,373	Unchanged
Unitedhealth Group IncUNH	COM	91324P102	1.0	<0.1%	2,318	Added+349
Vanguard Index FDS	TOTAL STK MKT	922908769	1.0	<0.1%	2,603	Unchanged
Waste Connections IncWCN	COM	94106B101	0.9	<0.1%	5,673	Added+123
McCormick & Co IncMKC	COM NON VTG	579780206	0.9	<0.1%	18,637	Reduced−894
Ishares TR	ISHARES SEMICDTR	464287523	0.9	<0.1%	1,434	Unchanged
KLA CorpKLAC	COM NEW	482480100	0.9	<0.1%	3,010	Added+2,710
Travelers Companies IncTRV	COM	89417E109	0.9	<0.1%	2,623	Added+12
First TR Exchange-Traded FD	SHS	337345102	0.8	<0.1%	2,493	Unchanged
Vanguard BD Index FDS	INTERMED TERM	921937819	0.8	<0.1%	10,809	Reduced−378
Ishares TR	RUS 2000 VAL ETF	464287630	0.8	<0.1%	3,742	Added+67
Teradyne IncTER	COM	880770102	0.8	<0.1%	1,705	Unchanged
United Rentals IncURI	COM	911363109	0.8	<0.1%	724	Added+17
Copart IncCPRT	COM	217204106	0.8	<0.1%	28,456	Unchanged
Unilever plcUL	SPON ADR NEW	904767803	0.8	<0.1%	13,324	Added+50
Formfactor IncFORM	COM	346375108	0.8	<0.1%	5,000	Reduced−3,000
Vaneck ETF Trust	SEMICONDUCTR ETF	92189F676	0.8	<0.1%	1,200	Unchanged
Vanguard BD Index FDS	TOTAL BND MRKT	921937835	0.8	<0.1%	10,504	Reduced−252
Prologis Inc.PLD	COM	74340W103	0.8	<0.1%	5,673	Added+1,956
Capital One Finl CorpCOF	COM	14040H105	0.8	<0.1%	3,793	Reduced−1,149
Berkshire Hathaway Inc DelBRK-B	CL A	084670108	0.7	<0.1%	1	Unchanged
American Elec PWR Co IncAEP	COM	025537101	0.7	<0.1%	5,420	Added+1,015
Howmet Aerospace IncHWM	COM	443201108	0.7	<0.1%	2,757	Unchanged
Shell plcSHEL	SPON ADS	780259305	0.7	<0.1%	9,557	Added+1,804
Flex Ltd	ORD	Y2573F102	0.7	<0.1%	4,508	Unchanged
Vanguard International Equity Index F	FTSE EUROPE ETF	922042874	0.7	<0.1%	8,104	Added+4,304
Veralto CorpVLTO	COM SHS	92338C103	0.7	<0.1%	7,998	Reduced−380
Netapp IncNTAP	COM	64110D104	0.7	<0.1%	4,395	Added+51
Vanguard World FD	HEALTH CAR ETF	92204A504	0.7	<0.1%	2,231	Unchanged
Ishares TR	CORE DIV GRWTH	46434V621	0.7	<0.1%	8,764	Added+3,797
Vanguard World FD	INF TECH ETF	92204A702	0.6	<0.1%	5,360	Added+4,690
Hartford Insurance Group IncHIG	COM	416515104	0.6	<0.1%	4,766	Unchanged
Newmont CorpNEM	COM	651639106	0.6	<0.1%	6,577	Reduced−213
Hershey CoHSY	COM	427866108	0.6	<0.1%	3,500	Unchanged
GE Healthcare Technologies IGEHC	COMMON STOCK	36266G107	0.6	<0.1%	9,517	Reduced−969
Southern CoSO	COM	842587107	0.6	<0.1%	6,216	Reduced−100
Ishares TR	S&P 500 VAL ETF	464287408	0.6	<0.1%	2,600	Unchanged
Sprott Asset Management LPPHYS	PHYSICAL GOLD TR	85207H104	0.6	<0.1%	19,550	Unchanged
WW Grainger IncGWW	COM	384802104	0.6	<0.1%	432	Reduced−5
Enbridge IncENB	COM	29250N105	0.6	<0.1%	10,702	Reduced−36
Henry Jack & Assoc IncJKHY	COM	426281101	0.6	<0.1%	4,164	Unchanged
Invesco Exchange Traded FD T	WATER RES ETF	46137V142	0.6	<0.1%	8,300	Reduced−800
Steris plc	SHS USD	G8473T100	0.6	<0.1%	2,707	Added+140
Vanguard Index FDS	GROWTH ETF	922908736	0.6	<0.1%	6,576	Added+5,508
WabtecWAB	COM	929740108	0.6	<0.1%	2,050	Added+36
Sandisk CorpSNDK	COM	80004C200	0.6	<0.1%	243	New+243
Mondelez International IncMDLZ	CL A	609207105	0.5	<0.1%	9,447	Reduced−4,952
Broadridge Finl Solutions inBR	COM	11133T103	0.5	<0.1%	3,880	Reduced−20
Entegris IncENTG	COM	29362U104	0.5	<0.1%	2,925	Reduced−90
Corteva IncCTVA	COM	22052L104	0.5	<0.1%	6,208	Reduced−1,458
Trane Technologies plc	SHS	G8994E103	0.5	<0.1%	1,034	New+1,034
Vanguard Specialized Funds	DIV APP ETF	921908844	0.5	<0.1%	2,145	Unchanged
Rockwell Automation IncROK	COM	773903109	0.5	<0.1%	1,016	Unchanged
Ishares TR	NATIONAL MUN ETF	464288414	0.5	<0.1%	4,574	Added+421
Hewlett Packard Enterprise CHPE	COM	42824C109	0.5	<0.1%	10,878	Added+178
M & T BK CorpMTB	COM	55261F104	0.5	<0.1%	2,058	Added+12
Donaldson IncDCI	COM	257651109	0.5	<0.1%	5,401	Unchanged
State STR SPDR Dow Jones IndDIA	UT SER 1	78467X109	0.5	<0.1%	911	Unchanged
J Jill IncJILL	COM	46620W201	0.5	<0.1%	29,825	Unchanged
BP plcBP	SPONSORED ADR	055622104	0.5	<0.1%	12,690	Added+279
Hingham Instn SVGS Mass	COM	433323102	0.5	<0.1%	1,525	Unchanged
Kenvue IncKVUE	COM	49177J102	0.5	<0.1%	24,345	Unchanged
Vaneck ETF Trust	MRNGSTR WDE MOAT	92189F643	0.5	<0.1%	4,464	Unchanged
Qnity Electronics IncQ	COMMON STOCK	74743L100	0.5	<0.1%	2,839	Reduced−729
Amphenol CorpAPH	CL A	032095101	0.5	<0.1%	2,624	Reduced−122
Southern Mo Bancorp IncSMBC	COM	843380106	0.5	<0.1%	6,000	Unchanged
PPG Inds IncPPG	COM	693506107	0.4	<0.1%	3,705	Added+532
Eversource EnergyES	COM	30040W108	0.4	<0.1%	6,203	Reduced−95
Invesco Exchange Traded FD T	S&P500 EQL WGT	46137V357	0.4	<0.1%	2,088	Added+296
Ebay Inc.EBAY	COM	278642103	0.4	<0.1%	3,964	Reduced−585
Zimmer Biomet Holdings IncZBH	COM	98956P102	0.4	<0.1%	5,127	Added+51
Taiwan Semiconductor ManufacTSM	SPONSORED ADS	874039100	0.4	<0.1%	907	Added+304
Topbuild Cor	COM	89055F103	0.4	<0.1%	1,197	Reduced−22
Emcor Group IncEME	COM	29084Q100	0.4	<0.1%	508	Added+8
KKR & Co IncKKR	COM	48251W104	0.4	<0.1%	4,581	Reduced−1,200
Globe Life IncGL	COM	37959E102	0.4	<0.1%	2,350	Reduced−25
Northern TR CorpNTRS	COM	665859104	0.4	<0.1%	2,404	Added+24
Ishares TR	GLOBAL REIT ETF	46434V647	0.4	<0.1%	15,127	New+15,127
Schwab Charles CorpSCHW	COM	808513105	0.4	<0.1%	4,502	Reduced−119
Fedex CorpFDX	COM	31428X106	0.4	<0.1%	1,270	Added+604
Constellation Energy CorpCEG	COM	21037T109	0.4	<0.1%	1,581	Added+15
Ishares TR	ISHARES BIOTECH	464287556	0.4	<0.1%	2,057	Unchanged
Metlife IncMET	COM	59156R108	0.4	<0.1%	4,525	Added+1,287
Ishares TR	FLTG RATE NT ETF	46429B655	0.4	<0.1%	7,350	Unchanged
Target CorpTGT	COM	87612E106	0.4	<0.1%	2,857	Reduced−1,359
Invesco Exchange Traded FD T	DORS WRI MOM ETF	46137V837	0.4	<0.1%	2,419	Unchanged
McKesson CorpMCK	COM	58155Q103	0.4	<0.1%	471	Added+18
LAM Research CorpLRCX	COM NEW	512807306	0.4	<0.1%	817	New+817
Vanguard Star FDS	VG TL INTL STK F	921909768	0.3	<0.1%	4,089	Unchanged
Williams Cos IncWMB	COM	969457100	0.3	<0.1%	4,687	Reduced−548
Nike IncNKE	CL B	654106103	0.3	<0.1%	8,392	Reduced−445
Gartner IncIT	COM	366651107	0.3	<0.1%	2,600	Unchanged
Public SVC Enterprise GroupPEG	COM	744573106	0.3	<0.1%	4,112	Reduced−75
SPDR Series Trust	ST STR SP600 SML	78468R853	0.3	<0.1%	5,700	Reduced−1,563
Agnico Eagle Mines LtdAEM	COM	008474108	0.3	<0.1%	2,111	Unchanged
Illumina IncILMN	COM	452327109	0.3	<0.1%	1,802	Unchanged
Corning IncGLW	COM	219350105	0.3	<0.1%	1,234	New+1,234
McGrath RentcorpMGRC	COM	580589109	0.3	<0.1%	2,600	Unchanged
Unum GroupUNM	COM	91529Y106	0.3	<0.1%	3,515	Unchanged
Invesco Exch Traded FD TR II	SOLAR ETF	46138G706	0.3	<0.1%	5,300	Unchanged
Welltower IncWELL	COM	95040Q104	0.3	<0.1%	1,380	New+1,380
Barrick MNG CorpB	COM SHS	06849F108	0.3	<0.1%	8,500	Added+2,000
Norfolk Southn CorpNSC	COM	655844108	0.3	<0.1%	987	Unchanged
Canadian Nat Res Ltd Med TerCNQ	COM	136385101	0.3	<0.1%	7,796	Added+526
Vanguard Index FDS	LARGE CAP ETF	922908637	0.3	<0.1%	884	Unchanged
Airbnb IncABNB	COM CL A	009066101	0.3	<0.1%	2,100	Unchanged
Knowles CorpKN	COM	49926D109	0.3	<0.1%	7,230	New+7,230
Workday IncWDAY	CL A	98138H101	0.3	<0.1%	2,442	Unchanged
Ginkgo Bioworks Holdings IncDNA	CL A NEW	37611X209	0.3	<0.1%	30,000	Unchanged
Tyler Technologies IncTYL	COM	902252105	0.3	<0.1%	1,000	Unchanged
SLB LimitedSLB	COM STK	806857108	0.3	<0.1%	6,274	Reduced−666
Boeing CoBA	COM	097023105	0.3	<0.1%	1,333	Reduced−136
United States Antimony CorpUAMY	COM	911549103	0.3	<0.1%	38,850	New+38,850
UBS Group AG	SHS	H42097107	0.3	<0.1%	5,660	New+5,660
Scholar Rock HLDG CorpSRRK	COM	80706P103	0.3	<0.1%	5,000	Unchanged
Energy Transfer L PET	COM UT LTD PTN	29273V100	0.3	<0.1%	14,226	New+14,226
Ishares TR	SP SMCP600VL ETF	464287879	0.3	<0.1%	1,978	New+1,978
Ametek IncAME	COM	031100100	0.3	<0.1%	1,101	Added+139
Dominion Energy IncD	COM	25746U109	0.3	<0.1%	3,870	Unchanged
Kinder Morgan Inc DelKMI	COM	49456B101	0.3	<0.1%	8,169	Reduced−123
Halliburton CoHAL	COM	406216101	0.3	<0.1%	7,600	Unchanged
F5 IncFFIV	COM	315616102	0.3	<0.1%	617	New+617
Dupont de Nemours IncDD	COMMON STOCK	26614N201	0.3	<0.1%	1,890	New+1,890
Space Exploration Techn CorpSPCX	CLASS A COM STK	84615Q103	0.3	<0.1%	1,489	New+1,489
Oneok Inc New	COM	682680103	0.3	<0.1%	2,880	Reduced−169
Easterly Govt Pptys IncDEA	COM SHS	27616P301	0.2	<0.1%	9,910	Unchanged
Ishares TR	ESG AW MSCI EAFE	46435G516	0.2	<0.1%	2,396	Reduced−142
Rocket Lab CorpRKLB	COM	773121108	0.2	<0.1%	2,403	New+2,403
Republic SVCS IncRSG	COM	760759100	0.2	<0.1%	1,135	Unchanged
Ishares TR	CORE S&P TTL STK	464287150	0.2	<0.1%	1,456	Unchanged
Intercontinental Exchange inICE	COM	45866F104	0.2	<0.1%	1,939	Reduced−198
Solventum CorpSOLV	COM SHS	83444M101	0.2	<0.1%	3,033	New+3,033
CMS Energy CorpCMS	COM	125896100	0.2	<0.1%	3,054	New+3,054
First TR Exchange-Traded FD	NY ARCA BIOTECH	33733E203	0.2	<0.1%	923	New+923
Ishares TR	7-10 YR TRSY BD	464287440	0.2	<0.1%	2,416	Reduced−135
Lincoln Natl Corp IndLNC	COM	534187109	0.2	<0.1%	6,382	Added+332
Genuine Parts CoGPC	COM	372460105	0.2	<0.1%	1,903	Reduced−301
Proshares TR	S&P 500 DV ARIST	74348A467	0.2	<0.1%	3,992	Added+2,018
Fortinet IncFTNT	COM	34959E109	0.2	<0.1%	1,435	New+1,435
Transdigm Group IncTDG	COM	893641100	0.2	<0.1%	165	New+165
HP IncHPQ	COM	40434L105	0.2	<0.1%	10,000	Unchanged
Citigroup IncC	COM NEW	172967424	0.2	<0.1%	1,541	New+1,541
Suncor Energy Inc NewSU	COM	867224107	0.2	<0.1%	4,000	New+4,000
First TR Exchange-Traded FD	DJ INTERNT IDX	33733E302	0.2	<0.1%	805	New+805
Palantir Technologies IncPLTR	CL A	69608A108	0.2	<0.1%	1,820	Added+1
Grail IncGRAL	COM	384747101	0.2	<0.1%	3,108	New+3,108
Ishares TR	RUS MDCP VAL ETF	464287473	0.2	<0.1%	1,257	New+1,257
Black Stone Minerals L PBSM	COM UNIT	09225M101	0.2	<0.1%	14,700	Reduced−44,266
AON plc	SHS CL A	G0403H108	0.2	<0.1%	613	New+613
Ishares TR	U.S. TECH ETF	464287721	0.2	<0.1%	800	New+800
Petroleo Brasileiro S aPBR	SPONSORED ADR	71654V408	0.2	<0.1%	11,428	New+11,428
Eaton Vance Tax-Managed Glob	COM	27829F108	0.1	<0.1%	11,500	Unchanged
Compass Therapeutics IncCMPX	COM	20454B104	0.0	<0.1%	19,000	Unchanged
Milestone Pharmaceuticals inMIST	COM	59935V107	0.0	<0.1%	25,000	Unchanged
Dermata Therapeutics IncDRMA	COM	249845504	0.0	<0.1%	20,000	Unchanged

Sold out: 10 positions

Held at the end of the quarter before and not reported this quarter.

Welch & Forbes LLC, positions sold out
Issuer	Class	CUSIP	Weight	Change on the quarter before
BHP Billiton LimitedBHP	SPONSORED ADS	088606108	0.0%	Sold out−3,619
DOW Holdings IncDOW	COM	260557103	0.0%	Sold out−5,839
Dupont de Nemours Inc	COM	26614N102	0.0%	Sold out−7,140
EQT CorpEQT	COM	26884L109	0.0%	Sold out−3,250
Honeywell International Inc	COM	438516106	0.0%	Sold out−9,800
Invesco Exch Traded FD TR II	SR LN ETF	46138G508	0.0%	Sold out−10,214
MPLX LPMPLX	COM UNIT REP LTD	55336V100	0.0%	Sold out−4,029
Textron IncTXT	COM	883203101	0.0%	Sold out−2,880
Vanguard World FD	ENERGY ETF	92204A306	0.0%	Sold out−1,178
Vontier CorporationVNT	COM	928881101	0.0%	Sold out−6,352

Source: SEC EDGAR, Form 13F-HR, accession 0000105495-26-000003 (on sec.gov). Last ingested by Listed: Oct 22, 2026, 05:26 ET. Listed shows no prices and gives no investment advice.