13F HOLDINGS REPORT
Godshalk Welsh Capital Management, Inc.
Quarter ended Q1 2025 · Filed May 15, 2025 · Accession 0001631775-25-000002
Total Value
$152.9M
Positions
121
Other Managers
0
Confidential Omitted
No
Holdings (121)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Microsoft Corporation | MSFT | 21,434 | $8.0M | 5.26% |
| 2 | Apple Inc | AAPL | 35,977 | $8.0M | 5.23% |
| 3 | Costco Wholesale Corp | 22160K105 | 6,131 | $5.8M | 3.79% |
| 4 | Berkshire Hathaway Inc Cl B | BRK-A | 10,063 | $5.4M | 3.51% |
| 5 | Intuit Inc | INTU | 7,730 | $4.7M | 3.10% |
| 6 | Oracle Corp | ORCL-PD | 30,695 | $4.3M | 2.81% |
| 7 | Globus Medical Inc A | GMED | 50,000 | $3.7M | 2.39% |
| 8 | WR Berkley Corp | WRB-PH | 47,909 | $3.4M | 2.23% |
| 9 | American Express | AXP | 11,470 | $3.1M | 2.02% |
| 10 | Alphabet Inc Cl A | GOOG | 19,470 | $3.0M | 1.97% |
| 11 | Paychex Inc | PAYX | 17,555 | $2.7M | 1.77% |
| 12 | iShares Russell 2000 Index | 464287655 | 12,762 | $2.5M | 1.67% |
| 13 | Invesco S&P 500 Eq Wt | IVZ | 14,609 | $2.5M | 1.66% |
| 14 | Procter & Gamble | 742718109 | 14,760 | $2.5M | 1.65% |
| 15 | Automatic Data Processing | ADP | 8,145 | $2.5M | 1.63% |
| 16 | JP Morgan Chase & Co | VYLD | 10,050 | $2.5M | 1.61% |
| 17 | Cisco Systems Inc | CSCO | 37,995 | $2.3M | 1.53% |
| 18 | iShares Core MSCI EAFE | 46432F842 | 27,834 | $2.1M | 1.38% |
| 19 | Home Depot Inc | HD | 5,744 | $2.1M | 1.38% |
| 20 | Johnson & Johnson | JNJ | 12,431 | $2.1M | 1.35% |
| 21 | Waste Management Inc | 94106L109 | 8,830 | $2.0M | 1.34% |
| 22 | Bank of America Corp | 060505104 | 45,995 | $1.9M | 1.26% |
| 23 | Lowes Companies Inc | 548661107 | 7,940 | $1.9M | 1.21% |
| 24 | Alphabet Inc Cl C | GOOG | 11,575 | $1.8M | 1.18% |
| 25 | iShares iBonds Dec 2027 Term C | 46435UAA9 | 72,700 | $1.8M | 1.15% |
| 26 | Chevron Corp | CVX | 10,438 | $1.7M | 1.14% |
| 27 | Sysco Corporation | SYY | 23,078 | $1.7M | 1.13% |
| 28 | Fidelity High Dividend | 316092840 | 32,025 | $1.6M | 1.04% |
| 29 | TJX Companies Inc | 872540109 | 12,790 | $1.6M | 1.02% |
| 30 | iShares Short Term Nat Muni Bd | 464288158 | 13,925 | $1.5M | 0.96% |
| 31 | iShares iBonds Dec 2028 Term C | 46435U515 | 57,750 | $1.5M | 0.95% |
| 32 | Pepsico Inc | PEP | 9,640 | $1.4M | 0.95% |
| 33 | Blackstone Group Inc | BX | 10,095 | $1.4M | 0.92% |
| 34 | Vanguard Div Appreciation | 921908844 | 7,191 | $1.4M | 0.91% |
| 35 | Merck & Co | MRK | 15,395 | $1.4M | 0.90% |
| 36 | McDonalds Corp | MCD | 4,315 | $1.3M | 0.88% |
| 37 | Zoetis Inc | ZTS | 8,160 | $1.3M | 0.88% |
| 38 | iShares iBonds Dec 2026 Term C | 46435GAA0 | 55,000 | $1.3M | 0.87% |
| 39 | Visa Inc | V | 3,785 | $1.3M | 0.87% |
| 40 | Ecolab Inc | ECL | 5,120 | $1.3M | 0.85% |
| 41 | American Tower Corp | 03027X100 | 5,960 | $1.3M | 0.85% |
| 42 | T Rowe Price Capital Apprec Eq | 87283Q867 | 39,425 | $1.3M | 0.83% |
| 43 | Becton Dickinson & Co | BDX | 5,420 | $1.2M | 0.81% |
| 44 | Starbucks Corp | SBUX | 12,600 | $1.2M | 0.81% |
| 45 | iShares National Muni | 464288414 | 11,275 | $1.2M | 0.78% |
| 46 | AbbVie Inc | ABBV | 5,656 | $1.2M | 0.78% |
| 47 | Walmart Inc | WMT | 13,070 | $1.1M | 0.75% |
| 48 | RTX Corp | RTX | 8,626 | $1.1M | 0.75% |
| 49 | UnitedHealth Group Inc | UNH | 2,090 | $1.1M | 0.72% |
| 50 | SPDR S&P 500 | SPY | 1,875 | $1.0M | 0.69% |
| 51 | United Parcel Service Inc | UPS | 9,487 | $1.0M | 0.68% |
| 52 | YUM! Brands Inc | YUM | 6,495 | $1.0M | 0.67% |
| 53 | Mondelez Intl Inc Cl A | 609207105 | 14,812 | $1.0M | 0.66% |
| 54 | Essential Utilities Inc | 29670G102 | 25,186 | $995,603 | 0.65% |
| 55 | RPM International | 749685103 | 8,555 | $989,642 | 0.65% |
| 56 | Valero Energy Corp | VLO | 7,425 | $980,620 | 0.64% |
| 57 | ConocoPhillips | COP | 8,930 | $937,829 | 0.61% |
| 58 | Cigna Corp | CI | 2,755 | $906,395 | 0.59% |
| 59 | Phillips 66 | PSX | 7,125 | $879,795 | 0.58% |
| 60 | IdaCorp Incorporated | IDA | 7,336 | $852,590 | 0.56% |
| 61 | Target Corporation | TGT | 8,065 | $841,663 | 0.55% |
| 62 | CSX Corp | CSX | 26,890 | $791,373 | 0.52% |
| 63 | iShares Core Moderate Allocati | 464289875 | 17,796 | $780,910 | 0.51% |
| 64 | NextEra Energy Inc | NEE-PW | 10,700 | $758,523 | 0.50% |
| 65 | iShares Russell Top 200 Growth | 464289438 | 3,585 | $756,220 | 0.49% |
| 66 | L3Harris Technologies Inc | LHX | 3,440 | $720,026 | 0.47% |
| 67 | Uber Technologies Inc | UBER | 9,765 | $711,478 | 0.47% |
| 68 | Vanguard REIT | 922908553 | 7,835 | $709,381 | 0.46% |
| 69 | Waste Connections Inc | WCN | 3,535 | $689,997 | 0.45% |
| 70 | iShares iBonds Dec 2025 Term C | 46434VBD1 | 26,700 | $671,505 | 0.44% |
| 71 | Taiwan Semiconductor Mfg ADR | 874039100 | 3,980 | $660,680 | 0.43% |
| 72 | Colgate-Palmolive Co | CL | 6,725 | $630,133 | 0.41% |
| 73 | SPDR Portfolio High Yield Bond | 78468R606 | 26,750 | $626,485 | 0.41% |
| 74 | Invesco QQQ Trust | IVZ | 1,310 | $614,285 | 0.40% |
| 75 | Corning Inc | GLW | 13,375 | $612,308 | 0.40% |
| 76 | iShares Core S&P US Growth | 464287671 | 4,615 | $586,474 | 0.38% |
| 77 | iShares Core Growth Allocation | 464289867 | 10,135 | $583,479 | 0.38% |
| 78 | Quest Diagnostics Inc | DGX | 3,400 | $575,280 | 0.38% |
| 79 | 3M Co | MMM | 3,860 | $566,880 | 0.37% |
| 80 | iShares iBonds Dec 2029 Term C | 46436E205 | 23,650 | $547,025 | 0.36% |
| 81 | Mastercard Inc | MA | 960 | $526,195 | 0.34% |
| 82 | Invesco Preferred | IVZ | 45,900 | $514,998 | 0.34% |
| 83 | American Water Works Inc | 030420103 | 3,305 | $487,554 | 0.32% |
| 84 | Cava Group Inc | CAVA | 5,375 | $464,454 | 0.30% |
| 85 | Consolidated Edison Inc | ED | 4,175 | $461,713 | 0.30% |
| 86 | DuPont de Nemours Inc | DD | 6,099 | $455,473 | 0.30% |
| 87 | iShares MSCI EmergMkt Min Vol | 464286533 | 7,800 | $455,052 | 0.30% |
| 88 | MetLife Inc | MET-PF | 5,500 | $441,595 | 0.29% |
| 89 | Lockheed Martin Corp | LMT | 950 | $424,375 | 0.28% |
| 90 | Vanguard Short Term Bond Index | 921937827 | 5,405 | $423,115 | 0.28% |
| 91 | Abbott Laboratories | ABLZF | 3,182 | $422,092 | 0.28% |
| 92 | Adobe Systems Inc | ADBE | 1,010 | $387,365 | 0.25% |
| 93 | Amgen Inc | AMGN | 1,195 | $372,302 | 0.24% |
| 94 | Masco Corp | MAS | 5,200 | $361,608 | 0.24% |
| 95 | Labcorp Hldgs Inc. | 50540R409 | 1,535 | $357,256 | 0.23% |
| 96 | Clorox Company | CLX | 2,425 | $357,081 | 0.23% |
| 97 | WideOpenWest Inc | 96758W101 | 70,900 | $350,955 | 0.23% |
| 98 | Vgd Int Term Bond Index Fund | 921937819 | 4,448 | $340,568 | 0.22% |
| 99 | iShares iBonds Dec 2027 Term M | 46435U283 | 13,250 | $334,960 | 0.22% |
| 100 | iShares MSCI EAFE Index | 464287465 | 4,000 | $326,920 | 0.21% |
| 101 | Vgd Consumer Discretionary | 92204A108 | 960 | $312,490 | 0.20% |
| 102 | Union Pacific Corp | UNP | 1,300 | $307,112 | 0.20% |
| 103 | Coca-Cola Company | KO | 4,100 | $293,642 | 0.19% |
| 104 | eBay Inc | EBAY | 4,300 | $291,239 | 0.19% |
| 105 | Comcast Corp Class A | CCZ | 7,884 | $290,920 | 0.19% |
| 106 | iShares iBonds Dec 2028 Term M | 46435U325 | 11,250 | $284,513 | 0.19% |
| 107 | Elevance Health | ELV | 650 | $282,724 | 0.18% |
| 108 | Vanguard Total Stock Mkt | 922908769 | 1,006 | $276,402 | 0.18% |
| 109 | Simon Property Group | 828806109 | 1,575 | $261,576 | 0.17% |
| 110 | IBM Corp | INTR | 1,000 | $248,660 | 0.16% |
| 111 | Vanguard Info Technology | 92204A702 | 430 | $233,223 | 0.15% |
| 112 | Southern Company | SOMN | 2,500 | $229,875 | 0.15% |
| 113 | Schwab US Small-Cap | 808524607 | 9,600 | $224,928 | 0.15% |
| 114 | Exxon Mobil Corp | XOM | 1,885 | $224,183 | 0.15% |
| 115 | Chubb Limited | CB | 740 | $223,473 | 0.15% |
| 116 | Apollo Global Mgmt | 03769M106 | 1,585 | $217,050 | 0.14% |
| 117 | Erie Indemnity Co Cl A | 29530P102 | 500 | $209,525 | 0.14% |
| 118 | BHP Billiton Ltd ADR | BHPLF | 4,300 | $208,722 | 0.14% |
| 119 | Danaher Corp | 235851102 | 1,000 | $205,000 | 0.13% |
| 120 | Corteva Inc | CTVA | 3,252 | $204,648 | 0.13% |
| 121 | Carrier Global Corp | CARR | 3,175 | $201,295 | 0.13% |