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
1 ZIMMER BIOMET HLDGS INC 51,992 5,897 0.17%
2 WindStream Corp (win) 20,800 171 0.01%
3 Welltower Inc. 3,500 265 0.01%
4 WORKDAY INC 3,617 295 0.01%
5 WILLIAMS COS INC DEL 6,600 297 0.01%
6 WILEY JOHN & SONS INC 3,500 207 0.01%
7 WILEY JOHN SONS INC 14,432 855 0.03%
8 WHOLE FOODS MKT INC 18,782 947 0.03%
9 WHITE MOUNTAINS INSURANCE GRP LTD 829 522 0.02%
10 WEYERHAEUSER CO 7,160 257 0.01%
11 WELLS FARGO & CO NEW 893,086 48,959 1.44%
12 WEC ENERGY CORP. 20,950 1,105 0.03%
13 WATTS WATER TECHNOLOGIES INC 7,550 479 0.01%
14 WATERS CORP 4,850 547 0.02%
15 WASTE MGMT INC DEL 11,597 595 0.02%
16 WALGREENS BOOTS ALLIANCE INC 98,831 7,531 0.22%
17 WAL-MART STORES INC 129,327 11,107 0.33%
18 WABTEC CORP 3,900 339 0.01%
19 VORNADO REALTY 22,091 2,600 0.08%
20 VODAFONE GROUP PLC NEW 20,150 688 0.02%
21 VISA INC 176,574 46,297 1.36%
22 VICOR CORP COM 11,120 135 0.00%
23 VERTEX PHARMACEUTICALS INC 206,778 24,565 0.72%
24 VERIZON COMMUNICATIONS INC 440,494 20,606 0.61%
25 VARIAN MED SYS INC 21,466 1,857 0.05%
26 VANGUARD TAX-MANAGED FDS 71,542 2,711 0.08%
27 VANGUARD SPECIALIZED FUNDS 2,500 203 0.01%
28 VANGUARD INTL EQUITY INDEX F 220,576 8,827 0.26%
29 VANGUARD INTL EQUITY INDEX F 100,827 4,725 0.14%
30 VANGUARD INDEX FDS 14,110 1,646 0.05%
31 VANGUARD BD INDEX FDS 34,980 2,796 0.08%
32 VANGUARD BD INDEX FDS 132,331 11,206 0.33%
33 VALERO ENERGY CORP NEW 4,040 200 0.01%
34 US BANCORP DEL 328,799 14,779 0.43%
35 UNITED TECHNOLOGIES CORP 798,675 91,848 2.70%
36 UNITED PARCEL SERVICE INC 120,151 13,358 0.39%
37 UNITED NATURAL FOODSINC 4,342 336 0.01%
38 UNION PAC CORP 31,596 3,764 0.11%
39 UNILEVER N V 14,200 554 0.02%
40 U S SILICA HLDGS INC 37,169 955 0.03%
41 TWENTY FIRST CENTY FOX INC 94,503 3,629 0.11%
42 TRIMBLE INC 834,963 22,160 0.65%
43 TRAVELERS COMPANIES INC 6,137 650 0.02%
44 TRACTOR SUPPLY CO 136,775 10,780 0.32%
45 TORONTO DOMINION BK ONT 509,923 24,364 0.72%
46 TORCHMARK CORP COM 4,050 219 0.01%
47 TJX COS INC NEW 300,234 20,590 0.60%
48 TIME WARNER INC NEW 64,360 9,787 0.29%
49 TIME WARNER INC 17,440 1,490 0.04%
50 TIFFANY & CO NEW 35,715 3,816 0.11%
Page 1 of 7