# EDGAR Filing Document

**Accession Number:** 0000105495
**File Stem:** 0001085146-25-004501
**Filing Date:** 2025-8
**Character Count:** 45049
**Document Hash:** 721f39d2720646239489b26285e662e7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-25-004501.hdr.sgml**: 20250805

**ACCESSION NUMBER**: 0001085146-25-004501

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250805

**DATE AS OF CHANGE**: 20250804

**EFFECTIVENESS DATE**: 20250805

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WELCH & FORBES LLC
- **CENTRAL INDEX KEY:** 0000105495

**ORGANIZATION NAME:**
- **EIN:** 043573806
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-00262
- **FILM NUMBER:** 251182027

**BUSINESS ADDRESS:**
- **STREET 1:** 45 SCHOOL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02108
- **BUSINESS PHONE:** 617-523-1635

**MAIL ADDRESS:**
- **STREET 1:** 45 SCHOOL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02108

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELCH & FORBES INC
- **DATE OF NAME CHANGE:** 19970304

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** WELCH  FORBES LLC<br>**Address:** 45 SCHOOL STREET<br>Boston, MA 02108

**Form 13F File Number:** 028-00262

**CRD Number (if applicable):** 000115119

**SEC File Number (if applicable):** 801-60532

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Todd Jundi<br>**Title:** Chief Compliance Officer<br>**Phone:** 617-557-9878

**Signature, Place, and Date of Signing:**

/s/ Todd Jundi  Boston, MA  08-04-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 372

**Form 13F Information Table Value Total:** $8008030232

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 | BBG001S5T7X2 | 7937948 | 52141 | SH |  | SOLE |  | 49992 | 0 | 2149 |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 86248738 | 634135 | SH |  | SOLE |  | 595342 | 0 | 38793 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 64950319 | 349910 | SH |  | SOLE |  | 344988 | 0 | 4922 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 | BBG001SCXK90 | 36620380 | 122521 | SH |  | SOLE |  | 66180 | 0 | 56341 |
| ADOBE INC | COM | 00724F101 | BBG001S5NCQ5 | 40106710 | 103667 | SH |  | SOLE |  | 59492 | 0 | 44175 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 | BBG001S5NN36 | 832527 | 5867 | SH |  | SOLE |  | 5707 | 0 | 160 |
| AFFILIATED MANAGERS GROUP IN | COM | 008252108 | BBG001S6DMD6 | 688699 | 3500 | SH |  | SOLE |  | 2800 | 0 | 700 |
| AFLAC INC | COM | 001055102 | BBG001S5NGJ4 | 35150031 | 333302 | SH |  | SOLE |  | 325457 | 0 | 7845 |
| AGNICO EAGLE MINES LTD | COM | 008474108 | BBG001S77MK3 | 251061 | 2111 | SH |  | SOLE |  | 2111 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 | BBG001S5NSB6 | 9610915 | 34074 | SH |  | SOLE |  | 33610 | 0 | 464 |
| AIRBNB INC | COM CL A | 009066101 | BBG001Y2XS16 | 623984 | 4715 | SH |  | SOLE |  | 4640 | 0 | 75 |
| ALLIANT ENERGY CORP | COM | 018802108 | BBG001S8ZQ30 | 3039464 | 50264 | SH |  | SOLE |  | 50264 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 | BBG001S9BM06 | 1300059 | 6458 | SH |  | SOLE |  | 6439 | 0 | 19 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 75892942 | 430647 | SH |  | SOLE |  | 384516 | 0 | 46131 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 214197314 | 1207493 | SH |  | SOLE |  | 958469 | 0 | 249024 |
| ALTRIA GROUP INC | COM | 02209S103 | BBG001S5T8T5 | 1288922 | 21984 | SH |  | SOLE |  | 19334 | 0 | 2650 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 120197783 | 547872 | SH |  | SOLE |  | 360546 | 0 | 187326 |
| AMCOR PLC | ORD | G0250X107 | BBG00LNJRQ18 | 105685 | 11500 | SH |  | SOLE |  | 11500 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 | BBG001S5NFD2 | 464325 | 4475 | SH |  | SOLE |  | 2444 | 0 | 2031 |
| AMERICAN EXPRESS CO | COM | 025816109 | BBG001S5P034 | 28323206 | 88793 | SH |  | SOLE |  | 83464 | 0 | 5329 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 | BBG001S5NPQ6 | 1809492 | 8187 | SH |  | SOLE |  | 6222 | 0 | 1965 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 | BBG001SPHYW3 | 7113696 | 51137 | SH |  | SOLE |  | 45769 | 0 | 5368 |
| AMERIPRISE FINL INC | COM | 03076C106 | BBG001SK6096 | 93911512 | 175953 | SH |  | SOLE |  | 125908 | 0 | 50045 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 7101430 | 25434 | SH |  | SOLE |  | 22753 | 0 | 2681 |
| AMPHENOL CORP NEW | CL A | 032095101 | BBG001S5NSK6 | 271168 | 2746 | SH |  | SOLE |  | 2746 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 | BBG001S5ND38 | 6382031 | 26813 | SH |  | SOLE |  | 24429 | 0 | 2384 |
| ANSYS INC | COM | 03662Q105 | BBG001S926L8 | 133773807 | 380883 | SH |  | SOLE |  | 356299 | 0 | 24584 |
| AON PLC | SHS CL A | G0403H108 | BBG00SSQFPR9 | 290046 | 813 | SH |  | SOLE |  | 700 | 0 | 113 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 356086399 | 1735567 | SH |  | SOLE |  | 1421994 | 0 | 313573 |
| APPLIED MATLS INC | COM | 038222105 | BBG001S5NMM7 | 1275449 | 6967 | SH |  | SOLE |  | 6786 | 0 | 181 |
| APTARGROUP INC | COM | 038336103 | BBG001S78MT3 | 236210 | 1510 | SH |  | SOLE |  | 1510 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 | BBG001SCG0R3 | 601044 | 750 | SH |  | SOLE |  | 566 | 0 | 184 |
| AT INC | COM | 00206R102 | BBG001S5VWH2 | 3985938 | 137731 | SH |  | SOLE |  | 137105 | 0 | 626 |
| AUTODESK INC | COM | 052769106 | BBG001S5SCD4 | 348266 | 1125 | SH |  | SOLE |  | 700 | 0 | 425 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | BBG001S82KF6 | 73221403 | 237424 | SH |  | SOLE |  | 224735 | 0 | 12689 |
| BALL CORP | COM | 058498106 | BBG001S5P7Q4 | 9005332 | 160551 | SH |  | SOLE |  | 136101 | 0 | 24450 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 47891398 | 1012075 | SH |  | SOLE |  | 531121 | 0 | 480954 |
| BECTON DICKINSON  CO | COM | 075887109 | BBG001S5P374 | 8592898 | 49886 | SH |  | SOLE |  | 42150 | 0 | 7736 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | BBG001S902J2 | 728800 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 58868574 | 121186 | SH |  | SOLE |  | 66330 | 0 | 54856 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 | BBG001S5P5K4 | 226744 | 4715 | SH |  | SOLE |  | 4715 | 0 | 0 |
| BLACK STONE MINERALS L P | COM UNIT | 09225M101 | BBG008B5CF38 | 771275 | 58966 | SH |  | SOLE |  | 27260 | 0 | 31706 |
| BLACKROCK INC | COM | 09290D101 | BBG01PSW2WR0 | 1847731 | 1761 | SH |  | SOLE |  | 1734 | 0 | 27 |
| BLACKSTONE INC | COM | 09260D107 | BBG001S7H949 | 2218455 | 14831 | SH |  | SOLE |  | 13545 | 0 | 1286 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 322467 | 1539 | SH |  | SOLE |  | 959 | 0 | 580 |
| BOOKING HOLDINGS INC | COM | 09857L108 | BBG001S89N72 | 49017445 | 8467 | SH |  | SOLE |  | 7739 | 0 | 728 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | BBG001S63L94 | 12184699 | 113441 | SH |  | SOLE |  | 111461 | 0 | 1980 |
| BP PLC | SPONSORED ADR | 055622104 | BBG001S5W4F5 | 317707 | 10615 | SH |  | SOLE |  | 10615 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 4652433 | 100506 | SH |  | SOLE |  | 98674 | 0 | 1832 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 56478362 | 204891 | SH |  | SOLE |  | 129361 | 0 | 75530 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 | BBG001SR7MB9 | 1678366 | 6906 | SH |  | SOLE |  | 6701 | 0 | 205 |
| CANADIAN NAT RES LTD | COM | 136385101 | BBG001S5YC56 | 228906 | 7290 | SH |  | SOLE |  | 6020 | 0 | 1270 |
| CANADIAN NATL RY CO | COM | 136375102 | BBG001S8WVQ7 | 1939097 | 18638 | SH |  | SOLE |  | 18638 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 | BBG001S65PV8 | 1483367 | 6972 | SH |  | SOLE |  | 5964 | 0 | 1008 |
| CARLISLE COS INC | COM | 142339100 | BBG001S5Q6R4 | 50980307 | 136530 | SH |  | SOLE |  | 89186 | 0 | 47344 |
| CARMAX INC | COM | 143130102 | BBG001SD9561 | 57697932 | 858471 | SH |  | SOLE |  | 656824 | 0 | 201647 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 | BBG00RP5HZM1 | 10527526 | 143838 | SH |  | SOLE |  | 139788 | 0 | 4050 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 7669873 | 19757 | SH |  | SOLE |  | 18363 | 0 | 1394 |
| CHECK POINT SOFTWARE TECH LT | ORD | M22465104 | BBG001SB85K0 | 7563661 | 34186 | SH |  | SOLE |  | 33294 | 0 | 892 |
| CHEFS WHSE INC | COM | 163086101 | BBG001V11JN2 | 2744152 | 43005 | SH |  | SOLE |  | 35905 | 0 | 7100 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 59508159 | 415588 | SH |  | SOLE |  | 209269 | 0 | 206319 |
| CHUBB LIMITED | COM | H1467J104 | BBG001S8S1L3 | 116284344 | 401368 | SH |  | SOLE |  | 307739 | 0 | 93629 |
| CHURCH  DWIGHT CO INC | COM | 171340102 | BBG001S5PR99 | 43102773 | 448473 | SH |  | SOLE |  | 421089 | 0 | 27384 |
| CIA ENERGETICA DE MINAS GERA | SP ADR N-V PFD | 204409601 | BBG001S64WN3 | 246230 | 125628 | SH |  | SOLE |  | 125628 | 0 | 0 |
| CINTAS CORP | COM | 172908105 | BBG001S7CRG1 | 43067623 | 193241 | SH |  | SOLE |  | 192968 | 0 | 273 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 45274910 | 652563 | SH |  | SOLE |  | 328088 | 0 | 324475 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 20739029 | 293130 | SH |  | SOLE |  | 246043 | 0 | 47087 |
| COGNEX CORP | COM | 192422103 | BBG001S5TC16 | 10920095 | 344265 | SH |  | SOLE |  | 324791 | 0 | 19474 |
| COLGATE PALMOLIVE CO | COM | 194162103 | BBG001S5PVM5 | 4793162 | 52730 | SH |  | SOLE |  | 38575 | 0 | 14155 |
| COMCAST CORP NEW | CL A | 20030N101 | BBG001S5PXL2 | 16940580 | 474658 | SH |  | SOLE |  | 412203 | 0 | 62455 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG001S5TZM2 | 2428094 | 27057 | SH |  | SOLE |  | 25422 | 0 | 1635 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 | BBG001SD31G5 | 820068 | 5041 | SH |  | SOLE |  | 4939 | 0 | 102 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 | BBG014KFRPJ9 | 489304 | 1516 | SH |  | SOLE |  | 1253 | 0 | 263 |
| COPART INC | COM | 217204106 | BBG001S7MTB1 | 1592616 | 32456 | SH |  | SOLE |  | 32456 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 | BBG00BN969D0 | 867901 | 11645 | SH |  | SOLE |  | 11645 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 161417773 | 163058 | SH |  | SOLE |  | 151808 | 0 | 11250 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 | BBG00BLYKRZ7 | 649880 | 1276 | SH |  | SOLE |  | 436 | 0 | 840 |
| CROWN CASTLE INC | COM | 22822V101 | BBG001S7W5T3 | 255489 | 2487 | SH |  | SOLE |  | 225 | 0 | 2262 |
| CSX CORP | COM | 126408103 | BBG001S5Q7Q3 | 751274 | 23024 | SH |  | SOLE |  | 23024 | 0 | 0 |
| CUMMINS INC | COM | 231021106 | BBG001S5Q9M3 | 14775213 | 45115 | SH |  | SOLE |  | 39899 | 0 | 5216 |
| CVS HEALTH CORP | COM | 126650100 | BBG001S5QBD8 | 1568194 | 22734 | SH |  | SOLE |  | 22234 | 0 | 500 |
| DANAHER CORPORATION | COM | 235851102 | BBG001S5QGT0 | 137266565 | 694879 | SH |  | SOLE |  | 585437 | 0 | 109442 |
| DEERE  CO | COM | 244199105 | BBG001S5QFF7 | 3247218 | 6386 | SH |  | SOLE |  | 5865 | 0 | 521 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 | BBG001S7V596 | 241362 | 2394 | SH |  | SOLE |  | 1449 | 0 | 945 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 4848306 | 39096 | SH |  | SOLE |  | 30825 | 0 | 8271 |
| DOMINION ENERGY INC | COM | 25746U109 | BBG001S5QCP3 | 218732 | 3870 | SH |  | SOLE |  | 2170 | 0 | 1700 |
| DONALDSON INC | COM | 257651109 | BBG001S5QDV4 | 413673 | 5965 | SH |  | SOLE |  | 5965 | 0 | 0 |
| DOVER CORP | COM | 260003108 | BBG001S5QL46 | 29051137 | 158550 | SH |  | SOLE |  | 156275 | 0 | 2275 |
| DOW INC | COM | 260557103 | BBG00BN96931 | 339476 | 12820 | SH |  | SOLE |  | 12581 | 0 | 239 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 | BBG001S5QNR7 | 7324850 | 62075 | SH |  | SOLE |  | 57558 | 0 | 4517 |
| DUPONT DE NEMOURS INC | COM | 26614N102 | BBG00BN961H3 | 763202 | 11127 | SH |  | SOLE |  | 11127 | 0 | 0 |
| EASTERLY GOVT PPTYS INC | COM SHS | 27616P301 | BBG007SV91T2 | 220002 | 9910 | SH |  | SOLE |  | 9910 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 | BBG001S5QZ45 | 1340855 | 3756 | SH |  | SOLE |  | 3246 | 0 | 510 |
| EATON VANCE MUNI INCOME TRUS | SH BEN INT | 27826U108 | BBG001SCBSL3 | 2105170 | 205784 | SH |  | SOLE |  | 205784 | 0 | 0 |
| EATON VANCE TAX-MANAGED GLOB | COM | 27829F108 | BBG001SPXHX1 | 100626 | 11500 | SH |  | SOLE |  | 2000 | 0 | 9500 |
| EBAY INC. | COM | 278642103 | BBG001S9B9J5 | 400149 | 5374 | SH |  | SOLE |  | 4249 | 0 | 1125 |
| ECOLAB INC | COM | 278865100 | BBG001S5QRB5 | 127802964 | 474328 | SH |  | SOLE |  | 376078 | 0 | 98250 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 | BBG001SF2288 | 14532136 | 185809 | SH |  | SOLE |  | 178349 | 0 | 7460 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 116496960 | 149445 | SH |  | SOLE |  | 142601 | 0 | 6844 |
| EMCOR GROUP INC | COM | 29084Q100 | BBG001S5QVG1 | 334841 | 626 | SH |  | SOLE |  | 0 | 0 | 626 |
| EMERSON ELEC CO | COM | 291011104 | BBG001S5QVT7 | 15646018 | 117348 | SH |  | SOLE |  | 114846 | 0 | 2502 |
| ENBRIDGE INC | COM | 29250N105 | BBG001S6Q6D7 | 477899 | 10545 | SH |  | SOLE |  | 9993 | 0 | 552 |
| ENTEGRIS INC | COM | 29362U104 | BBG001SF9YL6 | 276952 | 3434 | SH |  | SOLE |  | 2790 | 0 | 644 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 | BBG001S9P0Z1 | 929152 | 29963 | SH |  | SOLE |  | 13159 | 0 | 16804 |
| EOG RES INC | COM | 26875P101 | BBG001S5ZB93 | 2994916 | 25039 | SH |  | SOLE |  | 20863 | 0 | 4176 |
| EQUINIX INC | COM | 29444U700 | BBG001SKBNS9 | 16283263 | 20470 | SH |  | SOLE |  | 17801 | 0 | 2669 |
| EVERSOURCE ENERGY | COM | 30040W108 | BBG001S5TRL1 | 439487 | 6908 | SH |  | SOLE |  | 4767 | 0 | 2141 |
| EXPEDITORS INTL WASH INC | COM | 302130109 | BBG001S5QZZ1 | 11775985 | 103072 | SH |  | SOLE |  | 101795 | 0 | 1277 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 33083364 | 306896 | SH |  | SOLE |  | 281014 | 0 | 25882 |
| FASTENAL CO | COM | 311900104 | BBG001S5R1F7 | 2767128 | 65884 | SH |  | SOLE |  | 65114 | 0 | 770 |
| FIRST TR EXCH TRADED FD III | INSTL PFD SECS | 33739P855 | BBG00HJHQ112 | 2785990 | 146708 | SH |  | SOLE |  | 132279 | 0 | 14429 |
| FIRST TR EXCHANGE-TRADED FD | DJ INTERNT IDX | 33733E302 | BBG001SN9872 | 216811 | 805 | SH |  | SOLE |  | 805 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD | FIRST TR ENH NEW | 33739Q408 | BBG006XT8631 | 2178613 | 36389 | SH |  | SOLE |  | 3183 | 0 | 33206 |
| FIRST TR EXCHANGE-TRADED FD | NO AMER ENERGY | 33738D101 | BBG0034YTRP6 | 39894272 | 1063563 | SH |  | SOLE |  | 930792 | 0 | 132771 |
| FIRST TR EXCHANGE-TRADED FD | SENIOR LN FD | 33738D309 | BBG004HQLXB7 | 31305142 | 682178 | SH |  | SOLE |  | 585092 | 0 | 97086 |
| FIRST TR EXCHANGE-TRADED FD | SHS | 337345102 | BBG001SQWVL2 | 530585 | 2493 | SH |  | SOLE |  | 2493 | 0 | 0 |
| FISERV INC | COM | 337738108 | BBG001S5R6Q4 | 149275997 | 865819 | SH |  | SOLE |  | 692583 | 0 | 173236 |
| FLEX LTD | ORD | Y2573F102 | BBG001SC5SP6 | 225039 | 4508 | SH |  | SOLE |  | 4508 | 0 | 0 |
| FORMFACTOR INC | COM | 346375108 | BBG001SFT2R8 | 275280 | 8000 | SH |  | SOLE |  | 0 | 0 | 8000 |
| FORTIVE CORP | COM | 34959J108 | BBG00BLVZ237 | 3197662 | 61340 | SH |  | SOLE |  | 60121 | 0 | 1219 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 | BBG001S5NKC2 | 94304616 | 294591 | SH |  | SOLE |  | 267101 | 0 | 27490 |
| GARTNER INC | COM | 366651107 | BBG001S5SD60 | 1500465 | 3712 | SH |  | SOLE |  | 3712 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 | BBG001S5PVD5 | 12099733 | 47009 | SH |  | SOLE |  | 44277 | 0 | 2732 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 | BBG01BFR8YW0 | 793436 | 10712 | SH |  | SOLE |  | 10510 | 0 | 202 |
| GE VERNOVA INC | COM | 36828A101 | BBG013G17W77 | 5986275 | 11313 | SH |  | SOLE |  | 10812 | 0 | 501 |
| GENERAL DYNAMICS CORP | COM | 369550108 | BBG001S5RHP1 | 1243935 | 4265 | SH |  | SOLE |  | 3306 | 0 | 959 |
| GENERAL MLS INC | COM | 370334104 | BBG001S5RKR2 | 4211947 | 81296 | SH |  | SOLE |  | 77971 | 0 | 3325 |
| GENERAL MTRS CO | COM | 37045V100 | BBG001SM1DK6 | 853255 | 17339 | SH |  | SOLE |  | 16424 | 0 | 915 |
| GENUINE PARTS CO | COM | 372460105 | BBG001S5RNH7 | 379336 | 3127 | SH |  | SOLE |  | 1805 | 0 | 1322 |
| GILEAD SCIENCES INC | COM | 375558103 | BBG001S6Y1X7 | 2985066 | 26924 | SH |  | SOLE |  | 25945 | 0 | 979 |
| GINKGO BIOWORKS HOLDINGS INC | CL A NEW | 37611X209 | BBG00YPS1LT7 | 337500 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| GLOBAL PARTNERS LP | COM UNITS | 37946R109 | BBG001SH3WJ5 | 1973157 | 37420 | SH |  | SOLE |  | 0 | 0 | 37420 |
| GLOBE LIFE INC | COM | 37959E102 | BBG001S5WRX4 | 295189 | 2375 | SH |  | SOLE |  | 2375 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | BBG001SC07Z6 | 1287401 | 1819 | SH |  | SOLE |  | 1595 | 0 | 224 |
| GRAINGER W W INC | COM | 384802104 | BBG001S5RRD2 | 459786 | 442 | SH |  | SOLE |  | 432 | 0 | 10 |
| GSK PLC | SPONSORED ADR | 37733W204 | BBG001SD6SM6 | 19943616 | 519365 | SH |  | SOLE |  | 519365 | 0 | 0 |
| HALEON PLC | SPON ADS | 405552100 | BBG018GZNDB0 | 6673106 | 643501 | SH |  | SOLE |  | 643501 | 0 | 0 |
| HANCOCK JOHN TAX-ADVANTAGED | COM | 41013V100 | BBG001S98632 | 1169500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 | BBG001S8PXF3 | 606566 | 4781 | SH |  | SOLE |  | 4766 | 0 | 15 |
| HENRY JACK  ASSOC INC | COM | 426281101 | BBG001S5SHB5 | 759237 | 4214 | SH |  | SOLE |  | 4214 | 0 | 0 |
| HERSHEY CO | COM | 427866108 | BBG001S5S148 | 580825 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| HESS CORP | COM | 42809H107 | BBG001S5NHS2 | 367131 | 2650 | SH |  | SOLE |  | 2650 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 | BBG0078W3NP4 | 249490 | 12200 | SH |  | SOLE |  | 11400 | 0 | 800 |
| HINGHAM INSTN SVGS MASS | COM | 433323102 | BBG001S614T2 | 378735 | 1525 | SH |  | SOLE |  | 1525 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 157040714 | 428324 | SH |  | SOLE |  | 348778 | 0 | 79546 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 2570997 | 11040 | SH |  | SOLE |  | 9034 | 0 | 2006 |
| HOWMET AEROSPACE INC | COM | 443201108 | BBG00DYNJH69 | 515767 | 2771 | SH |  | SOLE |  | 2757 | 0 | 14 |
| HP INC | COM | 40434L105 | BBG001S6W7N7 | 244600 | 10000 | SH |  | SOLE |  | 8700 | 0 | 1300 |
| HUBBELL INC | COM | 443510607 | BBG001S5S1L9 | 2053078 | 5027 | SH |  | SOLE |  | 5027 | 0 | 0 |
| HUBSPOT INC | COM | 443573100 | BBG001T53670 | 253826 | 456 | SH |  | SOLE |  | 456 | 0 | 0 |
| ICON PLC | SHS | G4705A100 | BBG001SDCL35 | 2725740 | 18740 | SH |  | SOLE |  | 18740 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 | BBG001S5S4Y9 | 90650615 | 169017 | SH |  | SOLE |  | 165931 | 0 | 3086 |
| ILLINOIS TOOL WKS INC | COM | 452308109 | BBG001S5SDX0 | 5486488 | 22190 | SH |  | SOLE |  | 18946 | 0 | 3244 |
| INTEL CORP | COM | 458140100 | BBG001S5SF65 | 4502691 | 201013 | SH |  | SOLE |  | 191201 | 0 | 9812 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 | BBG001SDJ4R0 | 429140 | 2339 | SH |  | SOLE |  | 2277 | 0 | 62 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 17438970 | 59159 | SH |  | SOLE |  | 55306 | 0 | 3853 |
| INTUIT | COM | 461202103 | BBG001S6TWR2 | 3831034 | 4864 | SH |  | SOLE |  | 4862 | 0 | 2 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 | BBG001S7XR78 | 5126530 | 9434 | SH |  | SOLE |  | 6749 | 0 | 2685 |
| INVESCO EXCH TRADED FD TR II | SOLAR ETF | 46138G706 | BBG00KXH5XJ3 | 294636 | 8600 | SH |  | SOLE |  | 8600 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 | BBG001V0MBC0 | 1301203 | 62199 | SH |  | SOLE |  | 62199 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | DORSEY WRIGHT MO | 46137V837 | BBG001SJ09N0 | 262679 | 2419 | SH |  | SOLE |  | 2419 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 | BBG00KJR2NN7 | 275154 | 1514 | SH |  | SOLE |  | 146 | 0 | 1368 |
| INVESCO EXCHANGE TRADED FD T | WATER RES ETF | 46137V142 | BBG001SPPQG9 | 852903 | 12200 | SH |  | SOLE |  | 11460 | 0 | 740 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 4851121 | 8794 | SH |  | SOLE |  | 8295 | 0 | 499 |
| IRON MTN INC DEL | COM | 46284V101 | BBG001SCQ2X1 | 68612941 | 668938 | SH |  | SOLE |  | 607171 | 0 | 61767 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 | BBG001SJK6D5 | 5418024 | 86883 | SH |  | SOLE |  | 81344 | 0 | 5539 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 | BBG001S80936 | 245651 | 2565 | SH |  | SOLE |  | 14 | 0 | 2551 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 | BBG003H6TRS0 | 1070048 | 12818 | SH |  | SOLE |  | 6265 | 0 | 6553 |
| ISHARES TR | CORE S MCP ETF | 464287507 | BBG001SFC7V0 | 4124585 | 66504 | SH |  | SOLE |  | 33865 | 0 | 32639 |
| ISHARES TR | CORE S SCP ETF | 464287804 | BBG001SFC7W9 | 14129055 | 129280 | SH |  | SOLE |  | 24178 | 0 | 105102 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 10782553 | 17366 | SH |  | SOLE |  | 9353 | 0 | 8013 |
| ISHARES TR | CORE US AGGBD ET | 464287226 | BBG001SM1QT8 | 1505656 | 15178 | SH |  | SOLE |  | 4553 | 0 | 10625 |
| ISHARES TR | ESG AW MSCI EAFE | 46435G516 | BBG00D7BBRS7 | 232418 | 2605 | SH |  | SOLE |  | 2605 | 0 | 0 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 | BBG00FFPFTS4 | 230957 | 1707 | SH |  | SOLE |  | 927 | 0 | 780 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 | BBG001V1QYX1 | 530608 | 10400 | SH |  | SOLE |  | 6300 | 0 | 4100 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 | BBG001S60QR6 | 6439045 | 58745 | SH |  | SOLE |  | 56476 | 0 | 2269 |
| ISHARES TR | ISHARES BIOTECH | 464287556 | BBG001SGYSW7 | 260231 | 2057 | SH |  | SOLE |  | 2057 | 0 | 0 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 | BBG001SJ8F58 | 360199 | 1509 | SH |  | SOLE |  | 1414 | 0 | 95 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 | BBG001SSD858 | 3366140 | 63801 | SH |  | SOLE |  | 61280 | 0 | 2521 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | BBG001SG09V7 | 2552358 | 28553 | SH |  | SOLE |  | 18052 | 0 | 10501 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 | BBG001SK77D5 | 753847 | 15627 | SH |  | SOLE |  | 15627 | 0 | 0 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 | BBG0025X2G81 | 1794420 | 19116 | SH |  | SOLE |  | 14045 | 0 | 5071 |
| ISHARES TR | PFD AND INCM SEC | 464288687 | BBG001SNVWC8 | 20442687 | 666320 | SH |  | SOLE |  | 463281 | 0 | 203039 |
| ISHARES TR | RUS 1000 ETF | 464287622 | BBG001S562W9 | 3071412 | 9045 | SH |  | SOLE |  | 7178 | 0 | 1867 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 | BBG001S56320 | 2384020 | 5615 | SH |  | SOLE |  | 2825 | 0 | 2790 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 | BBG001S562P7 | 1387775 | 7145 | SH |  | SOLE |  | 2850 | 0 | 4295 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 | BBG001S562F8 | 4064365 | 14218 | SH |  | SOLE |  | 13693 | 0 | 525 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 | BBG001S56277 | 597279 | 3786 | SH |  | SOLE |  | 3265 | 0 | 521 |
| ISHARES TR | RUS MID CAP ETF | 464287499 | BBG001SJCNS1 | 2090203 | 22727 | SH |  | SOLE |  | 14681 | 0 | 8046 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 | BBG001SFC7Y7 | 5987964 | 27749 | SH |  | SOLE |  | 25836 | 0 | 1913 |
| ISHARES TR | S 100 ETF | 464287101 | BBG001SGB026 | 4376860 | 14381 | SH |  | SOLE |  | 14381 | 0 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 | BBG001S561Q8 | 846559 | 7689 | SH |  | SOLE |  | 6900 | 0 | 789 |
| ISHARES TR | S 500 VAL ETF | 464287408 | BBG001S561K4 | 508092 | 2600 | SH |  | SOLE |  | 2600 | 0 | 0 |
| ISHARES TR | S MC 400GR ETF | 464287606 | BBG001SFQL08 | 766326 | 8423 | SH |  | SOLE |  | 3816 | 0 | 4607 |
| ISHARES TR | SELECT DIVID ETF | 464287168 | BBG001SDJVG2 | 1458389 | 10981 | SH |  | SOLE |  | 10058 | 0 | 923 |
| ISHARES TR | TIPS BD ETF | 464287176 | BBG001SD9RM5 | 4894801 | 44482 | SH |  | SOLE |  | 7769 | 0 | 36713 |
| J JILL INC | COM | 46620W201 | BBG00FZBYDT6 | 436638 | 29825 | SH |  | SOLE |  | 29825 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 104961184 | 687142 | SH |  | SOLE |  | 549156 | 0 | 137986 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 197094807 | 679848 | SH |  | SOLE |  | 542859 | 0 | 136989 |
| KENVUE INC | COM | 49177J102 | BBG01C79X614 | 509541 | 24345 | SH |  | SOLE |  | 24345 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 | BBG001S5SLZ0 | 2406551 | 18667 | SH |  | SOLE |  | 18101 | 0 | 566 |
| KINDER MORGAN INC DEL | COM | 49456B101 | BBG001TG2YZ5 | 346979 | 11802 | SH |  | SOLE |  | 4284 | 0 | 7518 |
| KKR  CO INC | COM | 48251W104 | BBG001S6PW05 | 769046 | 5781 | SH |  | SOLE |  | 5781 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 | BBG001S5SLM4 | 274992 | 307 | SH |  | SOLE |  | 300 | 0 | 7 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 | BBG001S5S0N9 | 35842275 | 142889 | SH |  | SOLE |  | 63962 | 0 | 78927 |
| LANCASTER COLONY CORP | COM | 513847103 | BBG001S5SPQ1 | 13205173 | 76432 | SH |  | SOLE |  | 76282 | 0 | 150 |
| LINCOLN ELEC HLDGS INC | COM | 533900106 | BBG001S5TV87 | 44668328 | 215456 | SH |  | SOLE |  | 121265 | 0 | 94191 |
| LINCOLN NATL CORP IND | COM | 534187109 | BBG001S5STV7 | 207600 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| LINDE PLC | SHS | G54950103 | BBG01FND0CH6 | 48384712 | 103127 | SH |  | SOLE |  | 97473 | 0 | 5654 |
| LINDSAY CORP | COM | 535555106 | BBG001SB90F6 | 302925 | 2100 | SH |  | SOLE |  | 0 | 0 | 2100 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 | BBG001SNP2B2 | 271245 | 1793 | SH |  | SOLE |  | 0 | 0 | 1793 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 3400196 | 7342 | SH |  | SOLE |  | 5729 | 0 | 1613 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 3194483 | 14398 | SH |  | SOLE |  | 13811 | 0 | 587 |
| M  T BK CORP | COM | 55261F104 | BBG001S7S2B4 | 396904 | 2046 | SH |  | SOLE |  | 2046 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 | BBG001S169P1 | 2022390 | 12175 | SH |  | SOLE |  | 12175 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 | BBG001S5T7M4 | 1620561 | 7412 | SH |  | SOLE |  | 7330 | 0 | 82 |
| MASCO CORP | COM | 574599106 | BBG001S5SZ70 | 1554230 | 24149 | SH |  | SOLE |  | 22999 | 0 | 1150 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 7770510 | 13828 | SH |  | SOLE |  | 12500 | 0 | 1328 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 | BBG001S79S19 | 602546 | 7947 | SH |  | SOLE |  | 6322 | 0 | 1625 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 90855345 | 310967 | SH |  | SOLE |  | 233685 | 0 | 77282 |
| MCGRATH RENTCORP | COM | 580589109 | BBG001S5T593 | 301496 | 2600 | SH |  | SOLE |  | 2600 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 | BBG001S8F8P8 | 260137 | 355 | SH |  | SOLE |  | 222 | 0 | 133 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 4076082 | 46760 | SH |  | SOLE |  | 40560 | 0 | 6200 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 26250071 | 331608 | SH |  | SOLE |  | 314797 | 0 | 16811 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 91545379 | 124030 | SH |  | SOLE |  | 68778 | 0 | 55252 |
| METLIFE INC | COM | 59156R108 | BBG001S5T3R8 | 273428 | 3400 | SH |  | SOLE |  | 3360 | 0 | 40 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 | BBG001SB87G1 | 70875564 | 60334 | SH |  | SOLE |  | 55763 | 0 | 4571 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 446682913 | 898016 | SH |  | SOLE |  | 735079 | 0 | 162937 |
| MONDELEZ INTL INC | CL A | 609207105 | BBG001SHHZJ3 | 1181144 | 17514 | SH |  | SOLE |  | 16314 | 0 | 1200 |
| MONGODB INC | CL A | 60937P106 | BBG0022FDRZ7 | 5424922 | 25834 | SH |  | SOLE |  | 22239 | 0 | 3595 |
| MOODYS CORP | COM | 615369105 | BBG001S5VP87 | 24631120 | 49106 | SH |  | SOLE |  | 46896 | 0 | 2210 |
| MORGAN STANLEY | COM NEW | 617446448 | BBG001S9V5Z3 | 830793 | 5898 | SH |  | SOLE |  | 5626 | 0 | 272 |
| MORNINGSTAR INC | COM | 617700109 | BBG001SC6FV6 | 431340 | 1374 | SH |  | SOLE |  | 990 | 0 | 384 |
| MPLX LP | COM UNIT REP LTD | 55336V100 | BBG0035TJHL3 | 207534 | 4029 | SH |  | SOLE |  | 2554 | 0 | 1475 |
| NETAPP INC | COM | 64110D104 | BBG001S8LYX5 | 462853 | 4344 | SH |  | SOLE |  | 4344 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 | BBG001SF6L46 | 412452 | 308 | SH |  | SOLE |  | 184 | 0 | 124 |
| NEWMONT CORP | COM | 651639106 | BBG001S5TKX3 | 395585 | 6790 | SH |  | SOLE |  | 6790 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG001S5RB29 | 46331876 | 667412 | SH |  | SOLE |  | 397735 | 0 | 269677 |
| NIKE INC | CL B | 654106103 | BBG001S6NTK2 | 817387 | 11506 | SH |  | SOLE |  | 7098 | 0 | 4408 |
| NORFOLK SOUTHN CORP | COM | 655844108 | BBG001S5TQJ6 | 286432 | 1119 | SH |  | SOLE |  | 1064 | 0 | 55 |
| NORTHEAST BK PORTLAND ME | COM | 66405S100 | BBG001SDS4K7 | 1245860 | 14000 | SH |  | SOLE |  | 0 | 0 | 14000 |
| NORTHERN TR CORP | COM | 665859104 | BBG001S5TRG7 | 301761 | 2380 | SH |  | SOLE |  | 2300 | 0 | 80 |
| NORTHROP GRUMMAN CORP | COM | 666807102 | BBG001S5TP26 | 1571939 | 3144 | SH |  | SOLE |  | 3093 | 0 | 51 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 | BBG001SF5LW6 | 7479529 | 61809 | SH |  | SOLE |  | 51411 | 0 | 10398 |
| NOVO-NORDISK A S | ADR | 670100205 | BBG001S5TSK0 | 1590635 | 23046 | SH |  | SOLE |  | 22646 | 0 | 400 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 558983875 | 3538095 | SH |  | SOLE |  | 2902526 | 0 | 635569 |
| OMNICOM GROUP INC | COM | 681919106 | BBG001S5VR10 | 19028007 | 264498 | SH |  | SOLE |  | 232888 | 0 | 31610 |
| ONEOK INC NEW | COM | 682680103 | BBG001S5TWK1 | 328152 | 4020 | SH |  | SOLE |  | 3637 | 0 | 383 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 25544309 | 116838 | SH |  | SOLE |  | 97928 | 0 | 18910 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 | BBG001S78TL6 | 265509135 | 2945844 | SH |  | SOLE |  | 2484366 | 0 | 461478 |
| OTIS WORLDWIDE CORP | COM | 68902V107 | BBG00RP60LN7 | 25479063 | 257312 | SH |  | SOLE |  | 247059 | 0 | 10253 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 | BBG001T53796 | 250692 | 1839 | SH |  | SOLE |  | 579 | 0 | 1260 |
| PALO ALTO NETWORKS INC | COM | 697435105 | BBG001T9NWN5 | 3806098 | 18599 | SH |  | SOLE |  | 18051 | 0 | 548 |
| PARKER-HANNIFIN CORP | COM | 701094104 | BBG001S5V554 | 1781799 | 2551 | SH |  | SOLE |  | 1145 | 0 | 1406 |
| PAYCHEX INC | COM | 704326107 | BBG001S5V135 | 54377035 | 373828 | SH |  | SOLE |  | 365363 | 0 | 8465 |
| PAYPAL HLDGS INC | COM | 70450Y103 | BBG0077VNXW5 | 272606 | 3668 | SH |  | SOLE |  | 3496 | 0 | 172 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 70349476 | 532789 | SH |  | SOLE |  | 420404 | 0 | 112385 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 9110093 | 375829 | SH |  | SOLE |  | 352127 | 0 | 23702 |
| PHILIP MORRIS INTL INC | COM | 718172109 | BBG001STP9N1 | 3953314 | 21706 | SH |  | SOLE |  | 20077 | 0 | 1629 |
| PHILLIPS 66 | COM | 718546104 | BBG00286S4P7 | 840705 | 7047 | SH |  | SOLE |  | 6276 | 0 | 771 |
| PNC FINL SVCS GROUP INC | COM | 693475105 | BBG001S5V947 | 1629500 | 8741 | SH |  | SOLE |  | 8546 | 0 | 195 |
| PPG INDS INC | COM | 693506107 | BBG001S5VC13 | 416099 | 3658 | SH |  | SOLE |  | 3085 | 0 | 573 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 125900626 | 790238 | SH |  | SOLE |  | 659101 | 0 | 131137 |
| PROGRESSIVE CORP | COM | 743315103 | BBG001S5V509 | 10002714 | 37483 | SH |  | SOLE |  | 37248 | 0 | 235 |
| PROLOGIS INC. | COM | 74340W103 | BBG001S5NMN6 | 457902 | 4356 | SH |  | SOLE |  | 4045 | 0 | 311 |
| PRUDENTIAL FINL INC | COM | 744320102 | BBG001S97MM7 | 229169 | 2133 | SH |  | SOLE |  | 1438 | 0 | 695 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 | BBG001S5V3C1 | 357766 | 4250 | SH |  | SOLE |  | 4112 | 0 | 138 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 22843950 | 143438 | SH |  | SOLE |  | 122991 | 0 | 20447 |
| REPUBLIC SVCS INC | COM | 760759100 | BBG001S9DL33 | 326759 | 1325 | SH |  | SOLE |  | 1271 | 0 | 54 |
| RESMED INC | COM | 761152107 | BBG001SBGRC2 | 85547124 | 331578 | SH |  | SOLE |  | 241359 | 0 | 90219 |
| ROCKWELL AUTOMATION INC | COM | 773903109 | BBG001S5VRF5 | 337486 | 1016 | SH |  | SOLE |  | 416 | 0 | 600 |
| ROLLINS INC | COM | 775711104 | BBG001S5VRG4 | 3884858 | 68856 | SH |  | SOLE |  | 67556 | 0 | 1300 |
| ROPER TECHNOLOGIES INC | COM | 776696106 | BBG001S9B362 | 113667850 | 200529 | SH |  | SOLE |  | 154755 | 0 | 45774 |
| RPM INTL INC | COM | 749685103 | BBG001S7X317 | 7348407 | 66901 | SH |  | SOLE |  | 61108 | 0 | 5793 |
| RTX CORPORATION | COM | 75513E101 | BBG001S5X5Q9 | 168731081 | 1155533 | SH |  | SOLE |  | 912189 | 0 | 243344 |
| S GLOBAL INC | COM | 78409V104 | BBG001S5T5M8 | 588984 | 1117 | SH |  | SOLE |  | 1117 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 | BBG001SDLP09 | 2523201 | 9253 | SH |  | SOLE |  | 8104 | 0 | 1149 |
| SCHLUMBERGER LTD | COM STK | 806857108 | BBG001S5W4C8 | 401544 | 11880 | SH |  | SOLE |  | 9815 | 0 | 2065 |
| SCHWAB CHARLES CORP | COM | 808513105 | BBG001S5VXD4 | 424905 | 4657 | SH |  | SOLE |  | 2025 | 0 | 2632 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 | BBG0025RWLM4 | 2478016 | 93510 | SH |  | SOLE |  | 92277 | 0 | 1233 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 | BBG001S7TCZ5 | 950626 | 3754 | SH |  | SOLE |  | 3379 | 0 | 375 |
| SERVICENOW INC | COM | 81762P102 | BBG001T4JFC0 | 53883688 | 52412 | SH |  | SOLE |  | 35201 | 0 | 17211 |
| SHELL PLC | SPON ADS | 780259305 | BBG0147BN6H1 | 551735 | 7836 | SH |  | SOLE |  | 7583 | 0 | 253 |
| SHERWIN WILLIAMS CO | COM | 824348106 | BBG001S5W2F9 | 9472957 | 27589 | SH |  | SOLE |  | 27496 | 0 | 93 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 | BBG004DW5NC7 | 16854514 | 146116 | SH |  | SOLE |  | 143653 | 0 | 2463 |
| SMITH A O CORP | COM | 831865209 | BBG001S5NRY3 | 39095856 | 596244 | SH |  | SOLE |  | 312482 | 0 | 283762 |
| SOLVENTUM CORP | COM SHS | 83444M101 | BBG018YZH6V0 | 256339 | 3380 | SH |  | SOLE |  | 3143 | 0 | 237 |
| SOMNIGROUP INTERNATIONAL INC | COM | 88023U101 | BBG001SH81D4 | 240897 | 3540 | SH |  | SOLE |  | 0 | 0 | 3540 |
| SOUTHERN CO | COM | 842587107 | BBG001S5W777 | 556674 | 6062 | SH |  | SOLE |  | 5376 | 0 | 686 |
| SOUTHERN MO BANCORP INC | COM | 843380106 | BBG001S7WWN0 | 334103 | 6099 | SH |  | SOLE |  | 6099 | 0 | 0 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 | BBG001S8LH99 | 401432 | 911 | SH |  | SOLE |  | 911 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 878522 | 2882 | SH |  | SOLE |  | 2282 | 0 | 600 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 25218183 | 40816 | SH |  | SOLE |  | 33390 | 0 | 7426 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 | BBG001S63NQ1 | 95988323 | 169447 | SH |  | SOLE |  | 107644 | 0 | 61803 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A854 | BBG001SPTB87 | 310749 | 4275 | SH |  | SOLE |  | 661 | 0 | 3614 |
| SPDR SERIES TRUST | PORTFOLIO S | 78468R853 | BBG004T58LZ5 | 318861 | 7485 | SH |  | SOLE |  | 7485 | 0 | 0 |
| SPDR SERIES TRUST | S DIVID ETF | 78464A763 | BBG001SPTBP8 | 2972487 | 21900 | SH |  | SOLE |  | 21900 | 0 | 0 |
| SPROTT PHYSICAL GOLD  SILVE | TR UNIT | 85208R101 | BBG00JPZ8T56 | 1023431 | 34001 | SH |  | SOLE |  | 34001 | 0 | 0 |
| SPROTT PHYSICAL GOLD TR | UNIT | 85207H104 | BBG001T66XM9 | 495593 | 19550 | SH |  | SOLE |  | 19550 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 | BBG001S72KH6 | 9789947 | 106842 | SH |  | SOLE |  | 98115 | 0 | 8727 |
| STATE STR CORP | COM | 857477103 | BBG001S5RLD5 | 4163531 | 39153 | SH |  | SOLE |  | 38903 | 0 | 250 |
| STERIS PLC | SHS USD | G8473T100 | BBG00MRHG532 | 669253 | 2786 | SH |  | SOLE |  | 2589 | 0 | 197 |
| STRYKER CORPORATION | COM | 863667101 | BBG001S8FR03 | 203507900 | 514389 | SH |  | SOLE |  | 428084 | 0 | 86305 |
| SYSCO CORP | COM | 871829107 | BBG001S5WJS8 | 5176304 | 68343 | SH |  | SOLE |  | 66818 | 0 | 1525 |
| TARGET CORP | COM | 87612E106 | BBG001SC0K41 | 766411 | 7769 | SH |  | SOLE |  | 6769 | 0 | 1000 |
| TELEFONICA S A | SPONSORED ADR | 879382208 | BBG001S5WMH3 | 354176 | 67720 | SH |  | SOLE |  | 67720 | 0 | 0 |
| TERADYNE INC | COM | 880770102 | BBG001S5WMZ3 | 265714 | 2955 | SH |  | SOLE |  | 2330 | 0 | 625 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 1670892 | 5260 | SH |  | SOLE |  | 3635 | 0 | 1625 |
| TEXAS INSTRS INC | COM | 882508104 | BBG001S5WYZ7 | 5780350 | 27841 | SH |  | SOLE |  | 22006 | 0 | 5835 |
| TEXTRON INC | COM | 883203101 | BBG001S5WZ39 | 231235 | 2880 | SH |  | SOLE |  | 2880 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 | BBG00KXRCDQ9 | 2946131 | 8912 | SH |  | SOLE |  | 8466 | 0 | 446 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 36943168 | 91114 | SH |  | SOLE |  | 56126 | 0 | 34988 |
| TJX COS INC NEW | COM | 872540109 | BBG001S5WQ93 | 96941821 | 785017 | SH |  | SOLE |  | 728827 | 0 | 56190 |
| TOPBUILD CORP | COM | 89055F103 | BBG0077VS2G6 | 394639 | 1219 | SH |  | SOLE |  | 1197 | 0 | 22 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 | BBG001S60L15 | 3452888 | 47010 | SH |  | SOLE |  | 46550 | 0 | 460 |
| TRACTOR SUPPLY CO | COM | 892356106 | BBG001S7K017 | 25761719 | 488188 | SH |  | SOLE |  | 438930 | 0 | 49258 |
| TRANSDIGM GROUP INC | COM | 893641100 | BBG001SPV1C1 | 270675 | 178 | SH |  | SOLE |  | 95 | 0 | 83 |
| TRAVELERS COMPANIES INC | COM | 89417E109 | BBG001S5R103 | 698547 | 2611 | SH |  | SOLE |  | 2611 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 | BBG001S5YYC0 | 1050720 | 24441 | SH |  | SOLE |  | 24256 | 0 | 185 |
| TYLER TECHNOLOGIES INC | COM | 902252105 | BBG001S5WZB0 | 599361 | 1011 | SH |  | SOLE |  | 1011 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 | BBG001S5X1K4 | 1101734 | 18011 | SH |  | SOLE |  | 16271 | 0 | 1740 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 4080012 | 17733 | SH |  | SOLE |  | 15189 | 0 | 2544 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 | BBG001SDGSH1 | 5122914 | 50752 | SH |  | SOLE |  | 49089 | 0 | 1663 |
| UNITED RENTALS INC | COM | 911363109 | BBG001SBGZ25 | 532654 | 707 | SH |  | SOLE |  | 707 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 1048840 | 3362 | SH |  | SOLE |  | 3084 | 0 | 278 |
| UNUM GROUP | COM | 91529Y106 | BBG001S5X2J4 | 288474 | 3572 | SH |  | SOLE |  | 3572 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 | BBG001S6T8C1 | 1153740 | 25497 | SH |  | SOLE |  | 25497 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 | BBG001S5X8K9 | 3158471 | 23497 | SH |  | SOLE |  | 22887 | 0 | 610 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | BBG001SR42Z0 | 12491140 | 239936 | SH |  | SOLE |  | 9205 | 0 | 230731 |
| VANECK ETF TRUST | MRNGSTR WDE MOAT | 92189F643 | BBG002XRNHT5 | 415584 | 4431 | SH |  | SOLE |  | 4431 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 | BBG002D68GN8 | 311788 | 1118 | SH |  | SOLE |  | 1118 | 0 | 0 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 | BBG001ST39R1 | 799316 | 10335 | SH |  | SOLE |  | 2260 | 0 | 8075 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 | BBG001ST39Q2 | 2268468 | 28824 | SH |  | SOLE |  | 11089 | 0 | 17735 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 | BBG001SK7DK4 | 1017419 | 13818 | SH |  | SOLE |  | 3182 | 0 | 10636 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 | BBG001SHTTS4 | 355543 | 811 | SH |  | SOLE |  | 547 | 0 | 264 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 | BBG001SHTTQ6 | 252205 | 884 | SH |  | SOLE |  | 757 | 0 | 127 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 | BBG001SHVTS1 | 2682452 | 9586 | SH |  | SOLE |  | 1610 | 0 | 7976 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 1783045 | 3139 | SH |  | SOLE |  | 2617 | 0 | 522 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 2898266 | 12230 | SH |  | SOLE |  | 2800 | 0 | 9430 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 846749 | 2786 | SH |  | SOLE |  | 898 | 0 | 1888 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 | BBG001SHVR78 | 2502815 | 14161 | SH |  | SOLE |  | 14161 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 | BBG001SP7T00 | 7419881 | 110382 | SH |  | SOLE |  | 105192 | 0 | 5190 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 2680538 | 54196 | SH |  | SOLE |  | 39996 | 0 | 14200 |
| VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 | BBG001SHTV18 | 294500 | 3800 | SH |  | SOLE |  | 3800 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF | 922042718 | BBG001T0SKD6 | 1388788 | 10334 | SH |  | SOLE |  | 10329 | 0 | 5 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | BBG001SQX4T3 | 374958 | 1832 | SH |  | SOLE |  | 1095 | 0 | 737 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 | BBG001TJR1D8 | 257775 | 3731 | SH |  | SOLE |  | 3731 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 55564912 | 974651 | SH |  | SOLE |  | 89113 | 0 | 885538 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 | BBG001SHVR32 | 584096 | 2352 | SH |  | SOLE |  | 2000 | 0 | 352 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 | BBG001SHTTR5 | 650678 | 981 | SH |  | SOLE |  | 0 | 0 | 981 |
| VEEVA SYS INC | CL A COM | 922475108 | BBG001TX0CB4 | 1770220 | 6147 | SH |  | SOLE |  | 4495 | 0 | 1652 |
| VERALTO CORP | COM SHS | 92338C103 | BBG019Q32XK7 | 1479840 | 14659 | SH |  | SOLE |  | 14005 | 0 | 654 |
| VERISK ANALYTICS INC | COM | 92345Y106 | BBG001SBRX64 | 5961825 | 19139 | SH |  | SOLE |  | 17112 | 0 | 2027 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 31459935 | 727059 | SH |  | SOLE |  | 388157 | 0 | 338902 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 | BBG001S68LJ8 | 96717007 | 217244 | SH |  | SOLE |  | 177183 | 0 | 40061 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 260022218 | 732353 | SH |  | SOLE |  | 609201 | 0 | 123152 |
| VONTIER CORPORATION | COM | 928881101 | BBG00RRGSKH2 | 239923 | 6502 | SH |  | SOLE |  | 6262 | 0 | 240 |
| WABTEC | COM | 929740108 | BBG001S5XBT3 | 613606 | 2931 | SH |  | SOLE |  | 2100 | 0 | 831 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 51480294 | 526490 | SH |  | SOLE |  | 251893 | 0 | 274597 |
| WASTE CONNECTIONS INC | COM | 94106B101 | BBG001SKJ4K1 | 1036296 | 5550 | SH |  | SOLE |  | 5550 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 | BBG001S5XH47 | 1861222 | 8134 | SH |  | SOLE |  | 8134 | 0 | 0 |
| WATERS CORP | COM | 941848103 | BBG001S8MDG9 | 1304711 | 3738 | SH |  | SOLE |  | 1263 | 0 | 2475 |
| WATSCO INC | COM | 942622200 | BBG001S82CQ2 | 93707440 | 212190 | SH |  | SOLE |  | 194481 | 0 | 17709 |
| WATTS WATER TECHNOLOGIES INC | CL A | 942749102 | BBG001S6N6Y7 | 1347480 | 5480 | SH |  | SOLE |  | 5080 | 0 | 400 |
| WEC ENERGY GROUP INC | COM | 92939U106 | BBG001S5XDC7 | 1224142 | 11748 | SH |  | SOLE |  | 11330 | 0 | 418 |
| WELLS FARGO CO NEW | COM | 949746101 | BBG001S5XF23 | 3645942 | 45506 | SH |  | SOLE |  | 36029 | 0 | 9477 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 | BBG001S5XK22 | 907146 | 4146 | SH |  | SOLE |  | 2269 | 0 | 1877 |
| WILLIAMS COS INC | COM | 969457100 | BBG001S5XH10 | 471640 | 7509 | SH |  | SOLE |  | 2243 | 0 | 5266 |
| WORKDAY INC | CL A | 98138H101 | BBG001T21KQ7 | 588480 | 2452 | SH |  | SOLE |  | 2442 | 0 | 10 |
| XYLEM INC | COM | 98419M100 | BBG001V05C73 | 49329497 | 381335 | SH |  | SOLE |  | 253102 | 0 | 128233 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 | BBG001S7DQJ9 | 861387 | 9444 | SH |  | SOLE |  | 9444 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 | BBG0039320P7 | 342624 | 2197 | SH |  | SOLE |  | 1739 | 0 | 458 |

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