Godshalk Welsh Capital Management
RADNOR, PAfiles as Godshalk Welsh Capital Management, Inc.
$186m in 137 US stocks at the end of 30 June 2026. The top 10 are 28.4% of the money. It changed about 6.3% of the portfolio this quarter.
Value
$186m
Stocks
137
Top 10 share
28.4%
Turnover
6.3%
What changed this quarter
New
Bought for the first time this quarter.
- Honeywell AerospaceHONA0.2% of the fund
- IntelINTC0.2% of the fund
- Eli LillyLLY0.1% of the fund
- Elevance HealthELV0.1% of the fund
- Carrier GlobalCARR0.1% of the fund
- Vanguard Admiral FDSVIOG0.1% of the fund
- Franklin Financial ServicesFRAF0.1% of the fund
- W.W. GraingerGWW0.1% of the fund
- CaterpillarCAT0.1% of the fund
- Emerson ElectricEMR0.1% of the fund
Added
Bought more of a stock they already held.
- Ishares TRIBDT2.0% of the fund+4%
- Ishares TRIBDU1.7% of the fund+3%
- Fidelity Covington TrustFDVV1.3% of the fund+3%
- Ishares TRIBDV1.2% of the fund+7%
- T Rowe Price Exchange-TradedTCAF1.1% of the fund+5%
- Ishares TRIBDW0.8% of the fund+10%
- Ishares TRIBMQ0.7% of the fund+5%
- Ishares TRIBMR0.7% of the fund+5%
- Ishares TRIBMP0.6% of the fund+6%
- Ishares TRIBMS0.6% of the fund+33%
- Ishares TRIBMO0.6% of the fund+8%
- WatersWAT0.4% of the fund+7%
- Vanguard Index FDSVTI0.3% of the fund+48%
- Ishares TRIBMT0.3% of the fund+24%
- AirbnbABNB0.2% of the fund+4%
- Capital One FinancialCOF0.2% of the fund+7%
Cut
Sold some of their stake.
- Berkshire HathawayBRK-B2.4% of the fund-2%
- IntuitINTU0.9% of the fund-10%
- Vanguard Specialized FundsVIG0.8% of the fund-6%
- BlackstoneBX0.6% of the fund-2%
- American TowerAMT0.3% of the fund-23%
- MetLifeMET0.2% of the fund-3%
- Honeywell InternationalHON0.2% of the fund-50%
Sold out
Sold their entire stake.
- HersheyHSY-100%
- Verizon CommunicationsVZ-100%
Holdings
- Ishares TRIWM
- Share
- 2.1%
- Value
- $4m
- Shares
- 12,720
Held
- Ishares TRIBDT
- Share
- 2.0%
- Value
- $4m
- Shares
- 144,850
+4%
- Invesco Exchange Traded FD TRSP
- Share
- 1.7%
- Value
- $3m
- Shares
- 15,205
Held
- Ishares TRIBDU
- Share
- 1.7%
- Value
- $3m
- Shares
- 136,800
+3%
- Ishares TRIBDS
- Share
- 1.7%
- Value
- $3m
- Shares
- 126,585
Held
- Ishares TRIEFA
- Share
- 1.4%
- Value
- $3m
- Shares
- 27,845
Held
- Fidelity Covington TrustFDVV
- Share
- 1.3%
- Value
- $2m
- Shares
- 41,104
+3%
- Ishares TRIBDV
- Share
- 1.2%
- Value
- $2m
- Shares
- 101,850
+7%
- Ishares TRIBDR
- Share
- 1.2%
- Value
- $2m
- Shares
- 90,125
Held
- T Rowe Price Exchange-TradedTCAF
- Share
- 1.1%
- Value
- $2m
- Shares
- 51,500
+5%
- Vanguard Specialized FundsVIG
- Share
- 0.8%
- Value
- $1m
- Shares
- 6,234
-6%
- Ishares TRIBDW
- Share
- 0.8%
- Value
- $1m
- Shares
- 68,550
+10%
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.8%
- Value
- $1m
- Shares
- 1,875
Held
- Ishares TRSUB
- Share
- 0.7%
- Value
- $1m
- Shares
- 12,850
Held
- Ishares TRAOM
- Share
- 0.7%
- Value
- $1m
- Shares
- 27,229
Held
- Ishares TRIBMQ
- Share
- 0.7%
- Value
- $1m
- Shares
- 49,500
+5%
- Ishares TRIBMR
- Share
- 0.7%
- Value
- $1m
- Shares
- 48,500
+5%
- Ishares TRMUB
- Share
- 0.7%
- Value
- $1m
- Shares
- 11,350
Held
- Ishares TRIBMP
- Share
- 0.6%
- Value
- $1m
- Shares
- 45,000
+6%
- Ishares TRIBMS
- Share
- 0.6%
- Value
- $1m
- Shares
- 42,500
+33%
- Ishares TRIWY
- Share
- 0.6%
- Value
- $1m
- Shares
- 3,609
Held
- Ishares TRIBMO
- Share
- 0.6%
- Value
- $1m
- Shares
- 40,500
+8%
- NokiaNOK
- Share
- 0.5%
- Value
- $921,825
- Shares
- 1,275
Held
- Invesco QQQ TRQQQ
- Share
- 0.5%
- Value
- $835,814
- Shares
- 1,135
Held
- Ishares TRIUSG
- Share
- 0.4%
- Value
- $792,799
- Shares
- 4,215
Held
- Vanguard Index FDSVNQ
- Share
- 0.4%
- Value
- $789,280
- Shares
- 8,185
Held
- Cigna
- Share
- 0.4%
- Value
- $731,930
- Shares
- 2,655
Held
- Ishares TRAOR
- Share
- 0.4%
- Value
- $666,789
- Shares
- 9,594
Held
- Spdr Series TrustSPHY
- Share
- 0.3%
- Value
- $621,160
- Shares
- 26,500
Held
- IsharesEEMV
- Share
- 0.3%
- Value
- $587,184
- Shares
- 7,800
Held
- Vanguard Index FDSVTI
- Share
- 0.3%
- Value
- $552,573
- Shares
- 1,493
+48%
- Ishares TRIBMT
- Share
- 0.3%
- Value
- $541,800
- Shares
- 21,000
+24%
- Laboratory Corp Amer Hldgs
- Share
- 0.2%
- Value
- $439,600
- Shares
- 1,570
Held
- Ishares TREFA
- Share
- 0.2%
- Value
- $415,520
- Shares
- 4,000
Held
- Vanguard World FDVGT
- Share
- 0.2%
- Value
- $411,149
- Shares
- 3,440
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AppleAAPL | 5.0% | $9m | 32,177 | Held |
| MicrosoftMSFT | 4.0% | $7m | 19,725 | Held |
| AlphabetGOOGL | 3.4% | $6m | 17,769 | Held |
| Costco WholesaleCOST | 2.9% | $5m | 5,674 | Held |
| Berkshire HathawayBRK-B | 2.4% | $4m | 8,813 | -2% |
| OracleORCL | 2.3% | $4m | 29,360 | Held |
| Cisco SystemsCSCO | 2.3% | $4m | 36,395 | Held |
| AlphabetGOOG | 2.2% | $4m | 11,340 | Held |
| Ishares TRIWM | 2.1% | $4m | 12,720 | Held |
| Ishares TRIBDT | 2.0% | $4m | 144,850 | +4% |
| American ExpressAXP | 2.0% | $4m | 10,745 | Held |
| CorningGLW | 1.8% | $3m | 13,350 | Held |
| Invesco Exchange Traded FD TRSP | 1.7% | $3m | 15,205 | Held |
| Berkley W RWRB | 1.7% | $3m | 45,158 | Held |
| Ishares TRIBDU | 1.7% | $3m | 136,800 | +3% |
| Globus MedicalGMED | 1.7% | $3m | 40,000 | Held |
| JPMorgan ChaseJPM | 1.7% | $3m | 9,370 | Held |
| Ishares TRIBDS | 1.7% | $3m | 126,585 | Held |
| Johnson & JohnsonJNJ | 1.6% | $3m | 11,701 | Held |
| Ishares TRIEFA | 1.4% | $3m | 27,845 | Held |
| Bank of AmericaBAC | 1.3% | $2m | 43,870 | Held |
| Fidelity Covington TrustFDVV | 1.3% | $2m | 41,104 | +3% |
| Ishares TRIBDV | 1.2% | $2m | 101,850 | +7% |
| Ishares TRIBDR | 1.2% | $2m | 90,125 | Held |
| T Rowe Price Exchange-TradedTCAF | 1.1% | $2m | 51,500 | +5% |
| Procter & GamblePG | 1.1% | $2m | 14,345 | Held |
| Home DepotHD | 1.1% | $2m | 5,614 | Held |
| Taiwan Semiconductor ManufacturingTSM | 1.0% | $2m | 4,065 | Held |
| TJX CompaniesTJX | 1.0% | $2m | 12,565 | Held |
| SyscoSYY | 1.0% | $2m | 22,500 | Held |
| Valero EnergyVLO | 1.0% | $2m | 7,200 | Held |
| Waste ManagementWM | 1.0% | $2m | 8,355 | Held |
| Automatic Data ProcessingADP | 1.0% | $2m | 7,975 | Held |
| IntuitINTU | 0.9% | $2m | 6,670 | -10% |
| ChevronCVX | 0.9% | $2m | 10,475 | Held |
| Lowe's CompaniesLOW | 0.9% | $2m | 7,480 | Held |
| PaychexPAYX | 0.9% | $2m | 16,655 | Held |
| WalmartWMT | 0.8% | $2m | 13,835 | Held |
| RTXRTX | 0.8% | $2m | 8,021 | Held |
| MerckMRK | 0.8% | $2m | 11,735 | Held |
| Vanguard Specialized FundsVIG | 0.8% | $1m | 6,234 | -6% |
| Ishares TRIBDW | 0.8% | $1m | 68,550 | +10% |
| State STR Spdr S&P 500 ETF TSPY | 0.8% | $1m | 1,875 | Held |
| StarbucksSBUX | 0.7% | $1m | 13,610 | Held |
| Ishares TRSUB | 0.7% | $1m | 12,850 | Held |
| Ishares TRAOM | 0.7% | $1m | 27,229 | Held |
| EcolabECL | 0.7% | $1m | 4,860 | Held |
| AbbVieABBV | 0.7% | $1m | 5,181 | Held |
| VisaV | 0.7% | $1m | 3,745 | Held |
| Ishares TRIBMQ | 0.7% | $1m | 49,500 | +5% |
| Ishares TRIBMR | 0.7% | $1m | 48,500 | +5% |
| Ishares TRMUB | 0.7% | $1m | 11,350 | Held |
| CSXCSX | 0.7% | $1m | 25,640 | Held |
| Phillips 66PSX | 0.6% | $1m | 7,100 | Held |
| BlackstoneBX | 0.6% | $1m | 9,780 | -2% |
| Ishares TRIBMP | 0.6% | $1m | 45,000 | +6% |
| PepsiCoPEP | 0.6% | $1m | 8,325 | Held |
| McDonald'sMCD | 0.6% | $1m | 4,110 | Held |
| IdacorpIDA | 0.6% | $1m | 7,336 | Held |
| Ishares TRIBMS | 0.6% | $1m | 42,500 | +33% |
| Ishares TRIWY | 0.6% | $1m | 3,609 | Held |
| Ishares TRIBMO | 0.6% | $1m | 40,500 | +8% |
| Becton DickinsonBDX | 0.6% | $1m | 6,845 | Held |
| L3harris TechnologiesLHX | 0.5% | $998,177 | 3,435 | Held |
| YUM BrandsYUM | 0.5% | $948,769 | 5,935 | Held |
| RPM InternationalRPM | 0.5% | $928,658 | 8,355 | Held |
| Uber TechnologiesUBER | 0.5% | $923,648 | 12,800 | Held |
| NokiaNOK | 0.5% | $921,825 | 1,275 | Held |
| ConocoPhillipsCOP | 0.5% | $902,373 | 8,680 | Held |
| Invesco QQQ TRQQQ | 0.5% | $835,814 | 1,135 | Held |
| UnitedHealth GroupUNH | 0.4% | $808,400 | 1,945 | Held |
| NextEra EnergyNEE | 0.4% | $799,585 | 9,110 | Held |
| Ishares TRIUSG | 0.4% | $792,799 | 4,215 | Held |
| Vanguard Index FDSVNQ | 0.4% | $789,280 | 8,185 | Held |
| Cigna | 0.4% | $731,930 | 2,655 | Held |
| Solstice Advanced MaterialsSOLS | 0.4% | $716,597 | 8,088 | Held |
| Quest DiagnosticsDGX | 0.4% | $694,136 | 3,275 | Held |
| WatersWAT | 0.4% | $667,946 | 1,781 | +7% |
| Ishares TRAOR | 0.4% | $666,789 | 9,594 | Held |
| Colgate-PalmoliveCL | 0.3% | $642,677 | 7,010 | Held |
| Spdr Series TrustSPHY | 0.3% | $621,160 | 26,500 | Held |
| 3MMMM | 0.3% | $608,782 | 3,760 | Held |
| American TowerAMT | 0.3% | $593,759 | 3,630 | -23% |
| IsharesEEMV | 0.3% | $587,184 | 7,800 | Held |
| Mondelez InternationalMDLZ | 0.3% | $571,170 | 9,875 | Held |
| ZoetisZTS | 0.3% | $568,413 | 7,910 | Held |
| Lockheed MartinLMT | 0.3% | $560,406 | 1,100 | Held |
| Vanguard Index FDSVTI | 0.3% | $552,573 | 1,493 | +48% |
| Ishares TRIBMT | 0.3% | $541,800 | 21,000 | +24% |
| Waste ConnectionsWCN | 0.3% | $528,407 | 3,170 | Held |
| MastercardMA | 0.3% | $493,056 | 960 | Held |
| eBayEBAY | 0.3% | $480,525 | 4,300 | Held |
| AmgenAMGN | 0.3% | $465,324 | 1,285 | Held |
| Consolidated EdisonED | 0.2% | $445,286 | 4,025 | Held |
| MetLifeMET | 0.2% | $444,203 | 5,250 | -3% |
| Cava GroupCAVA | 0.2% | $441,450 | 5,625 | Held |
| Laboratory Corp Amer Hldgs | 0.2% | $439,600 | 1,570 | Held |
| Essential UtilitiesWTRG | 0.2% | $438,113 | 11,436 | Held |
| Ishares TREFA | 0.2% | $415,520 | 4,000 | Held |
| Vanguard World FDVGT | 0.2% | $411,149 | 3,440 | Held |
Showing the largest 100 of 137.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 14.3% since 30 June 2025.
Where the money is
Technology18.1%
Financial services11.4%
Everyday goods7.6%
Health care7.5%
Industrials7.4%
Retail & consumer5.7%
Media & telecom5.6%
Energy3.3%
Utilities2.2%
Materials1.7%
Real estate0.5%
Other29.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.