Dark
Light
System
Institutional Investment Manager
WELCH & FORBES LLC
WELCH & FORBES LLC (CIK: 0000105495) incorporated in Delaware, located at 45 School Street, Boston, MA. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q4)
Original 13F HR (0001085146-15-000177) filed in 2015.01.27
#
Name
Shares
Value ($)
%
Options
Notes
51 BRISTOL MYERS SQUIBB CO 207,712 12,261 0.36%
52 Bank Of America 18 WTS 17,500 12 0.00%
53 CABOT OIL & GAS CORP 13,820 409 0.01%
54 CAMPBELL SOUP CO 43,826 1,928 0.06%
55 CANADIAN NATL RY CO 4,114 284 0.01%
56 CAPITAL ONE FINL CORP 210,428 17,371 0.51%
57 CARDINAL HEALTH INC 5,950 480 0.01%
58 CARMAX INC 1,125,009 74,904 2.20%
59 CATERPILLAR INC 104,836 9,596 0.28%
60 CDK GLOBAL INC 37,136 1,513 0.04%
61 CELGENE CORP 178,648 19,984 0.59%
62 CENOVUS ENERGY INC 498,236 10,273 0.30%
63 CENTRAL FD CDA LTD 24,966 289 0.01%
64 CHECK POINT SOFTWARE TECH LT 98,104 7,708 0.23%
65 CHEVRON CORP NEW 309,177 34,683 1.02%
66 CHURCH & DWIGHT 118,071 9,305 0.27%
67 CIGNA CORPORATION 27,636 2,844 0.08%
68 CINTAS CORP 44,337 3,478 0.10%
69 CISCO SYS INC 197,927 5,506 0.16%
70 COCA COLA CO 517,896 21,866 0.64%
71 COGNEX CORP 314,914 13,015 0.38%
72 COLFAX CORP 61,685 3,181 0.09%
73 COLGATE PALMOLIVE CO 99,140 6,859 0.20%
74 COMCAST CORP NEW 74,915 4,312 0.13%
75 COMCAST CORP NEW 141,714 8,221 0.24%
76 CONOCOPHILLIPS 169,325 11,694 0.34%
77 CONSTANT CONTACT INC 267,909 9,832 0.29%
78 CORNING INC 34,146 783 0.02%
79 COSTCO WHSL CORP NEW 115,578 16,383 0.48%
80 CSX CORP 9,048 328 0.01%
81 CVS HEALTH CORP 426,237 41,051 1.21%
82 Chubb Corporation 24,447 2,530 0.07%
83 DANAHER CORP DEL 696,013 59,655 1.75%
84 DEERE & CO 7,228 639 0.02%
85 DIAGEO P L C 1,769 202 0.01%
86 DISCOVER FINL SVCS 4,031 264 0.01%
87 DISNEY WALT CO 82,907 7,809 0.23%
88 DOMINION ENERGY INC 6,843 526 0.02%
89 DORCHESTER MINERALS LP 19,520 498 0.01%
90 DOVER CORP 238,826 17,129 0.50%
91 DOW CHEM CO 44,858 2,046 0.06%
92 DU PONT E I DE NEMOURS & CO 60,838 4,498 0.13%
93 DUKE ENERGY CORP NEW 92,978 7,767 0.23%
94 DUN & BRADSTREET CORP DEL NE 12,321 1,490 0.04%
95 Dentsply Intl Inc 142,014 7,565 0.22%
96 Dynamic Materials 19,456 312 0.01%
97 E M C CORP MASS COM 137,783 4,097 0.12%
98 EATON VANCE CORP 55,706 2,280 0.07%
99 EATON VANCE TAX-MANAGED GLOBAL COM 21,322 202 0.01%
100 EBAY INC 12,498 702 0.02%
Page 2 of 7