Godshalk Welsh Capital Management Inc's Q3 2022 13F: 8 new positions, 6 exits
Form 13F-HR for the quarter ended Sep 30, 2022 · filed Nov 14, 2022 · 117 reported positions · accession 0001631775-22-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | Globus Medical Inc (GMED) | 2.9% | 4.3% | +1.4 pts | +24,961 sh | +34% |
| New | Nestle SA ADR (NSRGY) | — | 1.0% | +1.0 pts | +13,065 sh | new |
| Reduced | Vgd Int Term Bond Index Fund (BIV) | 1.7% | 1.0% | −0.6 pts | −10,803 sh | −36% |
| Exited | Organon & Co (OGN) | 0.5% | — | −0.5 pts | −22,059 sh | −100% |
| New | Corning Inc (GLW) | — | 0.2% | +0.2 pts | +11,525 sh | new |
| Exited | Anthem Inc (ELV) | 0.2% | — | −0.2 pts | −675 sh | −100% |
| Exited | Mastercard Inc (MA) | 0.2% | — | −0.2 pts | −950 sh | −100% |
| Increased | Unilever PLC ADR (UL) | 0.2% | 0.3% | +0.2 pts | +5,894 sh | +124% |
| New | Uber Technologies Inc (UBER) | — | 0.2% | +0.2 pts | +9,485 sh | new |
| New | Schwab US Dividend Equity (SCHD) | — | 0.2% | +0.2 pts | +3,447 sh | new |
| New | Genuine Parts Co (GPC) | — | 0.2% | +0.2 pts | +1,500 sh | new |
| New | Corteva Inc (CTVA) | — | 0.2% | +0.2 pts | +3,825 sh | new |
| Exited | Vgd Consumer Discretionary (VCR) | 0.2% | — | −0.2 pts | −985 sh | −100% |
| Increased | Johnson & Johnson (JNJ) | 1.7% | 1.7% | +0.1 pts | +1,289 sh | +10% |
| Exited | WEC Energy Group (WEC) | 0.2% | — | −0.2 pts | −2,150 sh | −100% |
| New | M & T Bank Corporation (MTB) | — | 0.2% | +0.2 pts | +1,175 sh | new |
| Exited | iShares MSCI EAFE Index (EFA) | 0.2% | — | −0.2 pts | −3,400 sh | −100% |
| New | Honeywell International Inc (HON) | — | 0.1% | +0.1 pts | +1,199 sh | new |
| Increased | Merck & Co (MRK) | 1.5% | 1.6% | +0.1 pts | +2,149 sh | +9% |
| Reduced | iShares Core MSCI EAFE (IEFA) | 1.1% | 0.9% | −0.2 pts | −3,500 sh | −14% |
| Increased | Vanguard Div Appreciation (VIG) | 0.9% | 1.0% | +0.1 pts | +1,320 sh | +14% |
| Reduced | WideOpenWest Inc (WOW) | 1.6% | 1.0% | −0.6 pts | −14,500 sh | −12% |
| Increased | Apple Inc (AAPL) | 4.7% | 5.0% | +0.3 pts | +1,127 sh | +2% |
| Increased | NextEra Energy Inc (NEE) | 0.4% | 0.6% | +0.1 pts | +1,958 sh | +25% |
| Increased | Pepsico Inc (PEP) | 1.3% | 1.4% | +0.1 pts | +911 sh | +8% |
| Increased | Cisco Systems Inc (CSCO) | 1.3% | 1.3% | +0.1 pts | +3,591 sh | +9% |
| Increased | Procter & Gamble (PG) | 1.8% | 1.7% | −0.1 pts | +1,038 sh | +6% |
| Reduced | iShares Russell 2000 Index (IWM) | 1.7% | 1.6% | −0.1 pts | −750 sh | −5% |
| Increased | Invesco S&P 500 Eq Wt (RSP) | 1.4% | 1.5% | +0.1 pts | +955 sh | +7% |
| Reduced | V F Corporation (VFC) | 0.3% | 0.2% | −0.2 pts | −3,500 sh | −33% |
| Increased | Starbucks Corp (SBUX) | 0.9% | 1.1% | +0.2 pts | +1,076 sh | +7% |
| Increased | Automatic Data Processing (ADP) | 1.5% | 1.7% | +0.2 pts | +365 sh | +4% |
| Reduced | Intel Corp (INTC) | 0.6% | 0.3% | −0.2 pts | −3,025 sh | −15% |
| Reduced | Colgate-Palmolive Co (CL) | 0.6% | 0.5% | −0.1 pts | −1,082 sh | −10% |
| Increased | ConocoPhillips (COP) | 0.6% | 0.7% | +0.2 pts | +684 sh | +8% |
| Increased | iShares Core Moderate Allocati (AOM) | 0.3% | 0.3% | 0.0 pts | +1,890 sh | +18% |
| Increased | Alphabet Inc Cl A (GOOGL) | 1.8% | 1.7% | −0.1 pts | +720 sh | +3% |
| Reduced | Microsoft Corporation (MSFT) | 5.6% | 5.1% | −0.4 pts | −288 sh | −1% |
| Increased | Becton Dickinson & Co (BDX) | 1.0% | 1.0% | 0.0 pts | +262 sh | +5% |
| Increased | iShares Core S&P US Growth (IUSG) | 0.3% | 0.3% | 0.0 pts | +701 sh | +16% |
| Increased | Oracle Corp (ORCL) | 1.8% | 1.6% | −0.1 pts | +900 sh | +3% |
| Increased | Hershey Company (HSY) | 0.3% | 0.4% | +0.1 pts | +240 sh | +11% |
| Increased | Vanguard Muni Bond (VTEB) | 0.9% | 0.9% | 0.0 pts | +1,084 sh | +4% |
| Reduced | UGI Corporation (UGI) | 0.3% | 0.2% | −0.1 pts | −1,550 sh | −15% |
| Increased | Chevron Corp (CVX) | 1.4% | 1.4% | +0.1 pts | +325 sh | +2% |
| Increased | Berkshire Hathaway Inc Cl B (BRK-B) | 2.3% | 2.4% | 0.0 pts | +170 sh | +1% |
| Reduced | Zoetis Inc (ZTS) | 1.4% | 1.2% | −0.2 pts | −300 sh | −3% |
| Increased | PayPal Holdings Inc (PYPL) | 0.8% | 1.0% | +0.2 pts | +500 sh | +3% |
| Reduced | Berkley W R Corporation (WRB) | 2.0% | 1.9% | −0.1 pts | −636 sh | −2% |
| Increased | Intl Flavors & Fragrances (IFF) | 0.5% | 0.4% | −0.1 pts | +450 sh | +8% |
The 50 largest of 111 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 29.4% of the equity book
Changes in the top 10 this quarter: PAYX entered · JNJ entered · ADP entered · ORCL left · PG left · GOOGL left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | Microsoft Corporation (MSFT) | 5.6% | 5.1% | |
| 2 | Apple Inc (AAPL) | 4.7% | 5.0% | |
| 3 | Globus Medical Inc (GMED) | 2.9% | 4.3% | |
| 4 | Intuit Inc (INTU) | 2.7% | 2.8% | |
| 5 | Costco Wholesale Corp (COST) | 2.7% | 2.8% | |
| 6 | Berkshire Hathaway Inc Cl B (BRK-B) | 2.3% | 2.4% | |
| 7 | Berkley W R Corporation (WRB) | 2.0% | 1.9% | |
| 8 | Paychex Inc (PAYX) | 1.7% | 1.7% | Entered the top 10 |
| 9 | Johnson & Johnson (JNJ) | 1.7% | 1.7% | Entered the top 10 |
| 10 | Automatic Data Processing (ADP) | 1.5% | 1.7% | Entered the top 10 |
| — | Oracle Corp (ORCL) | 1.8% | 1.6% | Left the top 10 |
| — | Procter & Gamble (PG) | 1.8% | 1.7% | Left the top 10 |
| — | Alphabet Inc Cl A (GOOGL) | 1.8% | 1.7% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).