WELCH & FORBES LLC
•CIK: 105495•Filing: Q4 2025
Welch & Forbes LLC, led by the seasoned duo of David M. Welch and Robert J. Forbes, is known for its concentrated, high-conviction investment strategy, currently managing $8.3 billion in assets across 374 positions. The fund has recently made notable shifts by adding significant positions in Uber and Booking Holdings, while reducing exposure to Fiserv and Kmart, reflecting a focus on growth-oriented tech and consumer sectors.
Total AUM
$8.3B
QoQ Performance
-0.6%
Positions
317
Top 10 Concentration
39.0%
Latest Filing
Q4 2025
Top Holdings Allocation
NVDA
AAPL
MSFT
NVDA7.5%
AAPL5.6%
MSFT5.2%
GOOG4.5%
ORLY3.2%
V3.1%
JPM2.6%
RTX2.5%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other35.5%
Technology28.9%
Financial9.6%
Healthcare9.0%
Consumer8.1%
Industrial3.1%
Materials2.3%
Consumer Staples1.0%
🚪 Exited Positionssold since Q3 2025
+178 more exited positions
Changes from Q3 2025
↑47 increased
↓133 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023