Godshalk Welsh Capital Management, Inc.
Filing Date
Global Rank
#5,266
/ 8,586
▲ 72
Top Industry
Software - Infrastructure
9.7%
3Y Alpha vs SPY
-8.6%
Period ended 3 months ago
Filed May 13, 2026 · 34d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+42.7%
SPY
+78.1%
Annualised alpha
-8.6%
Max drawdown
−14.9%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
92 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
6.7%
−0.9 pts
Top 5
25.0%
−2.3 pts
Top 10
39.0%
−4.1 pts
HHI
242
Diversified−32
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 27.6% | $33,948,167 |
| Financial Services | 15.8% | $19,415,555 |
| Consumer Defensive | 11.9% | $14,606,653 |
| Healthcare | 10.8% | $13,293,891 |
| Consumer Cyclical | 8.5% | $10,384,285 |
| Industrials | 7.4% | $9,132,747 |
| Energy | 5.6% | $6,834,719 |
| Communication Services | 4.4% | $5,362,383 |
| Utilities | 3.0% | $3,637,556 |
| Basic Materials | 2.7% | $3,272,663 |
| Unclassified | 1.5% | $1,874,486 |
| Real Estate | 0.8% | $1,019,246 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
9 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SOLS | Solstice Advanced Materials Inc. | +751 | 8,088 | $615,982 | |
| BDX | Becton Dickinson & Co | +550 | 6,715 | $1,055,799 | |
| COF | Capital One Financial Corp | +455 | 1,340 | $244,456 | |
| WMT | Walmart Inc. | +245 | 13,625 | $1,693,315 | |
| TJX | Tjx Companies Inc /De/ | +215 | 12,465 | $1,990,660 | |
| SBUX | Starbucks Corp | +110 | 13,610 | $1,219,319 | |
| HON | Honeywell International Inc | +100 | 3,060 | $691,651 | |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | +30 | 4,090 | $1,382,215 | |
| MKL | Markel Group Inc. | +25 | 148 | $283,282 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| WTRG | Essential Utilities, Inc. | −7,275 | 11,436 | $460,527 | |
| MDLZ | Mondelez International, Inc. | −1,650 | 10,075 | $580,723 | |
| AMT | American Tower Corp /Ma/ | −985 | 4,690 | $809,400 | |
| PAYX | Paychex Inc | −725 | 16,655 | $1,534,258 | |
| BRK-B | Berkshire Hathaway Inc | −525 | 9,033 | $4,328,613 | |
| NEE | Nextera Energy Inc | −500 | 9,160 | $850,780 | |
| MRK | Merck & Co., Inc. | −420 | 11,785 | $1,417,617 | |
| AAPL | Apple Inc. | −365 | 32,302 | $8,197,924 | |
| WM | Waste Management Inc | −285 | 8,455 | $1,942,874 | |
| MSFT | Microsoft Corp | −260 | 19,815 | $7,334,918 | |
| BAC | Bank Of America Corp /De/ | −250 | 44,070 | $2,148,412 | |
| ORCL | Oracle Corp | −250 | 29,460 | $4,333,860 | |
| CSCO | Cisco Systems, Inc. | −250 | 37,070 | $2,876,261 | |
| JNJ | Johnson & Johnson | −242 | 11,799 | $2,884,147 | |
| UBER | Uber Technologies, Inc | −235 | 12,800 | $920,704 | |
| AWK | American Water Works Company, Inc. | −200 | 2,725 | $370,845 | |
| RPM | Rpm International Inc/De/ | −200 | 8,355 | $830,487 | |
| TGT | Target Corp | −200 | 3,000 | $363,600 | |
| RTX | RTX Corp | −150 | 8,071 | $1,556,895 | |
| CL | Colgate Palmolive Co | −150 | 7,010 | $597,462 | |
| GLW | Corning Inc /Ny | −150 | 13,425 | $1,825,397 | |
| GOOGL | Alphabet Inc. | −141 | 17,874 | $5,139,847 | |
| ZTS | Zoetis Inc. | −115 | 7,835 | $926,175 | |
| WRB | Berkley W R Corp | −112 | 45,158 | $2,993,072 | |
| ABBV | AbbVie Inc. | −100 | 5,181 | $1,126,815 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
5 positions
Sold Out
Positions the filer fully exited
6 positions
14 positions ·
$33,948,167 total
· Technology only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AAPL |
Apple Inc.
Technology
|
Reduced | 32,302 | $8,197,924 | 24.15% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 19,815 | $7,334,918 | 21.61% | |
| ORCL |
Oracle Corp
Technology
|
Reduced | 29,460 | $4,333,860 | 12.77% | |
| INTU |
Intuit Inc.
Technology
|
Reduced | 7,385 | $3,193,126 | 9.41% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Reduced | 37,070 | $2,876,261 | 8.47% | |
| GLW |
Corning Inc /Ny
Technology
|
Reduced | 13,425 | $1,825,397 | 5.38% | |
| ADP |
Automatic Data Processing Inc
Technology
|
Held | 7,975 | $1,620,360 | 4.77% | |
| PAYX |
Paychex Inc
Technology
|
Reduced | 16,655 | $1,534,258 | 4.52% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Added | 4,090 | $1,382,215 | 4.07% | |
| UBER |
Uber Technologies, Inc
Technology
|
Reduced | 12,800 | $920,704 | 2.71% | |
| ADI |
Analog Devices Inc
Technology
|
Held | 800 | $254,512 | 0.75% | |
| IBM |
International Business Machines Corp
Technology
|
Held | 1,000 | $242,390 | 0.71% | |
| Q |
Qnity Electronics, Inc.
Technology
|
NEW | 1,924 | $221,991 | 0.65% | |
| NOK |
Nokia Corp
Technology
|
Held | 1,275 | $10,251 | 0.03% |