Institutional
Godshalk Welsh Capital Management, Inc.
CIK 0001631775
$172.5M
Reported AUM
129
Positions
Q1 2026
Period
2026-05-13
Filed
The Brief · Godshalk Welsh Capital Management, Inc. · Q1 2026
AI · grounded in 13F
Godshalk Welsh Capital Management, Inc. closed its position in Nestle SA ADR NSRGY, reducing its holdings by $1,012,495. The fund significantly increased its exposure to iShares iBonds Dec 2031 Term C IBDW, growing the position by 225.72%. Other notable additions include iShares iBonds Dec 2030 Term C IBDV and iShares iBonds Dec 2029 Term C IBDU. The fund also trimmed stakes in Microsoft Corporation MSFT and Apple Inc AAPL.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc | $333.43 | -1.41% | 65.41% | 124.96% | $8.2M | 4.75% | — | HELD |
| 2 | MSFT | Microsoft Corporation | $451.10 | 15.51% | -13.24% | 55.41% | $7.3M | 4.25% | — | HELD |
| 3 | COST | Costco Wholesale Corp | $954.17 | -2.04% | 0.49% | 120.47% | $5.6M | 3.26% | — | HELD |
| 4 | GOOGL | Alphabet Inc Cl A | $333.66 | -0.91% | 76.18% | 131.67% | $5.1M | 2.98% | — | HELD |
| 5 | ORCL | Oracle Corp | $127.56 | 8.34% | -47.22% | 53.10% | $4.3M | 2.51% | — | HELD |
| 6 | BRK/B | Berkshire Hathaway Inc Cl B | — | — | — | — | $4.3M | 2.51% | — | HELD |
| 7 | IBDT | iShares iBonds Dec 2028 Term C | $25.21 | 0.04% | 3.47% | 5.81% | $3.5M | 2.04% | — | HELD |
| 8 | GMED | Globus Medical Inc A | $80.26 | -1.42% | 54.67% | -0.22% | $3.4M | 2.00% | — | HELD |
| 9 | GOOG | Alphabet Inc Cl C | $333.68 | -0.62% | 77.27% | 132.86% | $3.3M | 1.89% | — | HELD |
| 10 | AXP | American Express | $337.52 | 1.82% | 15.92% | 116.12% | $3.2M | 1.88% | — | HELD |
| 11 | INTU | Intuit Inc | $315.50 | -5.29% | -59.64% | -43.25% | $3.2M | 1.85% | — | HELD |
| 12 | IWM | iShares Russell 2000 Index | $292.59 | 1.39% | 37.55% | 37.83% | $3.2M | 1.83% | — | HELD |
| 13 | IBDU | iShares iBonds Dec 2029 Term C | $23.08 | 0.09% | 3.24% | 4.63% | $3.1M | 1.79% | — | HELD |
| 14 | IBDS | iShares iBonds Dec 2027 Term C | $24.19 | 0.00% | 3.88% | 7.00% | $3.0M | 1.76% | — | HELD |
| 15 | WRB | WR Berkley Corp | $73.38 | -3.00% | 9.99% | 149.49% | $3.0M | 1.74% | — | HELD |
| 16 | JNJ | Johnson & Johnson | $255.82 | -3.66% | 56.99% | 69.37% | $2.9M | 1.67% | — | HELD |
| 17 | RSP | Invesco S&P 500 Eq Wt | $215.38 | -0.16% | 19.83% | 48.78% | $2.9M | 1.67% | — | HELD |
| 18 | CSCO | Cisco Systems Inc | $113.56 | 0.96% | 71.43% | 119.60% | $2.9M | 1.67% | — | HELD |
| 19 | JPM | JP Morgan Chase & Co | $350.85 | 1.78% | 21.40% | 144.23% | $2.8M | 1.62% | — | HELD |
| 20 | IEFA | iShares Core MSCI EAFE | $98.88 | 2.75% | 22.02% | 47.71% | $2.5M | 1.47% | — | HELD |
| 21 | FDVV | Fidelity High Dividend | $62.78 | 0.32% | 21.57% | 91.06% | $2.2M | 1.28% | — | HELD |
| 22 | IBDR | iShares iBonds Dec 2026 Term C | $24.25 | 0.04% | 4.09% | 7.80% | $2.2M | 1.27% | — | HELD |
| 23 | CVX | Chevron Corp | $192.31 | 0.23% | 31.24% | 138.73% | $2.2M | 1.26% | — | HELD |
| 24 | BAC | Bank of America Corp | $61.73 | 1.08% | 37.29% | 66.09% | $2.1M | 1.25% | — | HELD |
| 25 | IBDV | iShares iBonds Dec 2030 Term C | $21.64 | 0.09% | 2.56% | 2.36% | $2.1M | 1.21% | — | HELD |
| 26 | PG | Procter & Gamble | $143.96 | -1.46% | -1.63% | 14.96% | $2.1M | 1.20% | — | HELD |
| 27 | TJX | TJX Companies Inc | $159.26 | -1.47% | 27.39% | 133.67% | $2.0M | 1.15% | — | HELD |
| 28 | WM | Waste Management Inc | $226.33 | -4.34% | 0.47% | 57.78% | $1.9M | 1.13% | — | HELD |
| 29 | HD | Home Depot Inc | $333.35 | -1.45% | -8.42% | 15.74% | $1.8M | 1.07% | — | HELD |
| 30 | GLW | Corning Inc | $135.22 | 9.00% | 120.30% | 282.48% | $1.8M | 1.06% | — | HELD |
| 31 | VLO | Valero Energy Corp | $311.71 | 3.45% | — | — | $1.8M | 1.04% | — | HELD |
| 32 | LOW | Lowes Companies Inc | $210.08 | -2.60% | — | — | $1.8M | 1.02% | — | HELD |
| 33 | TCAF | T Rowe Price Capital Apprec Eq | $41.13 | 1.56% | — | — | $1.7M | 1.01% | — | HELD |
| 34 | WMT | Walmart Inc | $111.10 | -2.73% | — | — | $1.7M | 0.98% | — | HELD |
| 35 | ADP | Automatic Data Processing | $263.87 | -3.48% | — | — | $1.6M | 0.94% | — | HELD |
| 36 | SYY | Sysco Corporation | $84.71 | -0.71% | — | — | $1.6M | 0.94% | — | HELD |
| 37 | RTX | RTX Corp | $214.38 | -0.40% | — | — | $1.6M | 0.90% | — | HELD |
| 38 | PAYX | Paychex Inc | $116.33 | -4.75% | — | — | $1.5M | 0.89% | — | HELD |
| 39 | VIG | Vanguard Div Appreciation | $240.06 | 0.63% | — | — | $1.4M | 0.83% | — | HELD |
| 40 | MRK | Merck & Co | $129.79 | -0.44% | — | — | $1.4M | 0.82% | — | HELD |
| 41 | SUB | iShares Short Term Nat Muni Bd | $106.14 | 0.10% | — | — | $1.4M | 0.81% | — | HELD |
| 42 | TSM | Taiwan Semiconductor Mfg ADR | $403.31 | 7.64% | — | — | $1.4M | 0.80% | — | HELD |
| 43 | PEP | Pepsico Inc | $140.20 | -2.30% | — | — | $1.3M | 0.76% | — | HELD |
| 44 | IBDW | iShares iBonds Dec 2031 Term C | $20.65 | 0.12% | — | — | $1.3M | 0.75% | — | HELD |
| 45 | PSX | Phillips 66 | $210.60 | 1.83% | — | — | $1.3M | 0.75% | — | HELD |
| 46 | ECL | Ecolab Inc | $279.34 | -1.54% | — | — | $1.3M | 0.75% | — | HELD |
| 47 | AOM | iShares Core Moderate Allocati | $49.08 | 0.93% | — | — | $1.3M | 0.75% | — | HELD |
| 48 | MCD | McDonalds Corp | $268.44 | -1.13% | — | — | $1.3M | 0.74% | — | HELD |
| 49 | MUB | iShares National Muni | $105.76 | -0.01% | — | — | $1.2M | 0.71% | — | HELD |
| 50 | SPY | SPDR S&P 500 | $741.69 | 1.68% | — | — | $1.2M | 0.71% | — | HELD |
| 51 | SBUX | Starbucks Corp | $105.85 | 1.64% | — | — | $1.2M | 0.71% | — | HELD |
| 52 | IBMQ | iShares iBonds Dec 2028 Term M | $25.48 | 0.04% | — | — | $1.2M | 0.70% | — | HELD |
| 53 | LHX | L3Harris Technologies Inc | $271.90 | -8.61% | — | — | $1.2M | 0.69% | — | HELD |
| 54 | IBMR | iShares iBonds Dec 2029 Term M | $25.25 | 0.06% | — | — | $1.2M | 0.68% | — | HELD |
| 55 | BX | Blackstone Group Inc | $128.07 | -1.03% | — | — | $1.2M | 0.67% | — | HELD |
| 56 | COP | ConocoPhillips | $119.03 | 0.82% | — | — | $1.1M | 0.66% | — | HELD |
| 57 | V | Visa Inc | $366.27 | -0.67% | — | — | $1.1M | 0.66% | — | HELD |
| 58 | ABBV | AbbVie Inc | $257.41 | -2.24% | — | — | $1.1M | 0.65% | — | HELD |
| 59 | IBMP | iShares iBonds Dec 2027 Term M | $25.40 | 0.00% | — | — | $1.1M | 0.63% | — | HELD |
| 60 | CSX | CSX Corp | $50.19 | -1.08% | — | — | $1.1M | 0.62% | — | HELD |
| 61 | BDX | Becton Dickinson & Co | $165.45 | -1.75% | — | — | $1.1M | 0.61% | — | HELD |
| 62 | IDA | IdaCorp Incorporated | $141.90 | -1.73% | — | — | $1.0M | 0.61% | — | HELD |
| 63 | IBMO | iShares iBonds Dec 2026 Term M | $25.63 | -0.06% | — | — | $961K | 0.56% | — | HELD |
| 64 | ZTS | Zoetis Inc | $76.03 | -2.44% | — | — | $926K | 0.54% | — | HELD |
| 65 | YUM | YUM! Brands Inc | $157.00 | 3.34% | — | — | $923K | 0.54% | — | HELD |
| 66 | UBER | Uber Technologies Inc | $70.37 | -1.17% | — | — | $921K | 0.53% | — | HELD |
| 67 | IWY | iShares Russell Top 200 Growth | $274.05 | 3.19% | — | — | $898K | 0.52% | — | HELD |
| 68 | NEE | NextEra Energy Inc | $87.93 | -0.60% | — | — | $851K | 0.49% | — | HELD |
| 69 | RPM | RPM International | $107.83 | -0.50% | — | — | $830K | 0.48% | — | HELD |
| 70 | IBMS | iShares iBonds Dec 2030 Term M | $25.68 | 0.00% | — | — | $827K | 0.48% | — | HELD |
| 71 | AMT | American Tower Corp | $174.46 | -2.68% | — | — | $809K | 0.47% | — | HELD |
| 72 | VNQ | Vanguard REIT | $99.49 | -1.16% | — | — | $717K | 0.42% | — | HELD |
| 73 | — | Cigna Corp | — | — | — | — | $708K | 0.41% | — | HELD |
| 74 | HON | Honeywell International Inc | $241.91 | 0.33% | — | — | $692K | 0.40% | — | HELD |
| 75 | LMT | Lockheed Martin Corp | $574.11 | 0.86% | — | — | $665K | 0.39% | — | HELD |
| 76 | IUSG | iShares Core S&P US Growth | $182.34 | 3.05% | — | — | $660K | 0.38% | — | HELD |
| 77 | QQQ | Invesco QQQ Trust | — | — | — | — | $655K | 0.38% | — | HELD |
| 78 | DGX | Quest Diagnostics Inc | $234.30 | -0.39% | — | — | $642K | 0.37% | — | HELD |
| 79 | AOR | iShares Core Growth Allocation | $68.49 | 1.32% | — | — | $617K | 0.36% | — | HELD |
| 80 | SOLS | Solstice Advanced Materials In | $57.39 | 3.11% | — | — | $616K | 0.36% | — | HELD |
| 81 | SPHY | SPDR Portfolio High Yield Bond | $23.26 | 0.30% | — | — | $612K | 0.35% | — | HELD |
| 82 | CL | Colgate-Palmolive Co | $91.60 | -2.02% | — | — | $597K | 0.35% | — | HELD |
| 83 | MDLZ | Mondelez Intl Inc Cl A | $63.08 | -2.94% | — | — | $581K | 0.34% | — | HELD |
| 84 | MMM | 3M Co | $176.07 | -1.06% | — | — | $546K | 0.32% | — | HELD |
| 85 | UNH | UnitedHealth Group Inc | $421.47 | 0.21% | — | — | $526K | 0.31% | — | HELD |
| 86 | WCN | Waste Connections Inc | $166.27 | -3.78% | — | — | $515K | 0.30% | — | HELD |
| 87 | EEMV | iShares MSCI EmergMkt Min Vol | $71.67 | 2.93% | — | — | $505K | 0.29% | — | HELD |
| 88 | WAT | Waters Corp | $380.30 | 0.22% | — | — | $496K | 0.29% | — | HELD |
| 89 | MA | Mastercard Inc | $577.35 | 2.49% | — | — | $480K | 0.28% | — | HELD |
| 90 | WTRG | Essential Utilities Inc | $40.35 | -0.86% | — | — | $461K | 0.27% | — | HELD |
| 91 | ED | Consolidated Edison Inc | $109.66 | -2.31% | — | — | $456K | 0.26% | — | HELD |
| 92 | AMGN | Amgen Inc | $387.64 | 0.00% | — | — | $452K | 0.26% | — | HELD |
| 93 | CAVA | Cava Group Inc | $66.44 | 1.65% | — | — | $447K | 0.26% | — | HELD |
| 94 | XOM | Exxon Mobil Corp | $156.97 | 0.14% | — | — | $437K | 0.25% | — | HELD |
| 95 | IBMT | iShares iBonds Dec 2031 Term M | $25.48 | -0.02% | — | — | $436K | 0.25% | — | HELD |
| 96 | NOK | Applied Materials Inc | $9.09 | 8.09% | — | — | $436K | 0.25% | — | HELD |
| 97 | LSI | Labcorp Hldgs Inc. | — | — | — | — | $419K | 0.24% | — | HELD |
| 98 | EBAY | eBay Inc | $113.52 | -1.54% | — | — | $391K | 0.23% | — | HELD |
| 99 | EFA | iShares MSCI EAFE Index | $106.24 | 2.78% | — | — | $389K | 0.23% | — | HELD |
| 100 | MET | MetLife Inc | $97.07 | 0.05% | — | — | $382K | 0.22% | — | HELD |
| 101 | AWK | American Water Works Inc | $136.81 | -0.93% | — | — | $371K | 0.22% | — | HELD |
| 102 | TGT | Target Corporation | — | — | — | — | $364K | 0.21% | — | HELD |
| 103 | RSG | Republic Services Inc | — | — | — | — | $356K | 0.21% | — | HELD |
| 104 | VCR | Vgd Consumer Discretionary | — | — | — | — | $343K | 0.20% | — | HELD |
| 105 | VTI | Vanguard Total Stock Mkt | — | — | — | — | $323K | 0.19% | — | HELD |
| 106 | ABT | Abbott Laboratories | — | — | — | — | $321K | 0.19% | — | HELD |
| 107 | UNP | Union Pacific Corp | — | — | — | — | $315K | 0.18% | — | HELD |
| 108 | VGT | Vanguard Info Technology | — | — | — | — | $300K | 0.17% | — | HELD |
| 109 | KO | Coca-Cola Company | — | — | — | — | $297K | 0.17% | — | HELD |
| 110 | MAS | Masco Corp | — | — | — | — | $296K | 0.17% | — | HELD |
| 111 | BHP | BHP Billiton Ltd ADR | — | — | — | — | $295K | 0.17% | — | HELD |
| 112 | ABNB | Airbnb Inc | — | — | — | — | $285K | 0.17% | — | HELD |
| 113 | MKL | Markel Corp | — | — | — | — | $283K | 0.16% | — | HELD |
| 114 | BIV | Vgd Int Term Bond Index Fund | — | — | — | — | $277K | 0.16% | — | HELD |
| 115 | BSV | Vanguard Short Term Bond Index | — | — | — | — | $264K | 0.15% | — | HELD |
| 116 | SCHA | Schwab US Small Cap | — | — | — | — | $256K | 0.15% | — | HELD |
| 117 | ADI | Analog Devices Inc | — | — | — | — | $255K | 0.15% | — | HELD |
| 118 | COF | Capital One Financial (DH) | — | — | — | — | $244K | 0.14% | — | HELD |
| 119 | IBM | IBM Corp | — | — | — | — | $242K | 0.14% | — | HELD |
| 120 | SO | Southern Company | — | — | — | — | $241K | 0.14% | — | HELD |
| 121 | CB | Chubb Limited | — | — | — | — | $241K | 0.14% | — | HELD |
| 122 | CTVA | Corteva Inc | — | — | — | — | $239K | 0.14% | — | HELD |
| 123 | HLT | Hilton Worldwide Hldgs | — | — | — | — | $236K | 0.14% | — | HELD |
| 124 | HSY | Hershey Company | — | — | — | — | $229K | 0.13% | — | HELD |
| 125 | CLX | Clorox Company | — | — | — | — | $225K | 0.13% | — | HELD |
| 126 | VZ | Verizon Communications | — | — | — | — | $223K | 0.13% | — | HELD |
| 127 | Q | Qnity Electronics Inc | — | — | — | — | $222K | 0.13% | — | HELD |
| 128 | SPG | Simon Property Group | — | — | — | — | $210K | 0.12% | — | HELD |
| 129 | AEP | American Electric Power Co | — | — | — | — | $210K | 0.12% | — | HELD |
Source: SEC EDGAR · accession 0001631775-26-000002. 13F discloses long positions only — shorts, foreign equities, and options are excluded.