Welch Group, LLC

CIK

1443095

Location

BIRMINGHAM, AL

Portfolio Value

Mid $2,835,162,186

Diversification

Diversified

Filing Date

Global Rank

#1,091 / 8,700 ▲ 142

Top Industry

Semiconductors 9.5%

Period ended 2 months ago

Filed Jul 23, 2026 · 52d

26 quarters · since Mar 2020

Portfolio Concentration

259 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

3.8%

+0.2 pts

Top 5

17.2%

+0.3 pts

Top 10

31.8%

−0.0 pts

HHI

219

Diversified+1

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	26.6%	$753,065,181	35
Financial Services	16.8%	$476,151,421	44
Industrials	11.7%	$330,768,570	49
Healthcare	9.8%	$277,994,784	22
Utilities	9.5%	$268,584,996	16
Consumer Defensive	9.3%	$262,567,737	18
Consumer Cyclical	6.2%	$176,506,459	17
Energy	5.4%	$152,238,232	20
Communication Services	3.2%	$91,235,275	13
Basic Materials	0.8%	$23,353,890	13
Unclassified	0.6%	$17,873,871	6
Real Estate	0.2%	$4,821,770	6

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
PFE	Pfizer Inc	+46,534	2,194,625	$52,846,570
PAYX	Paychex Inc	+19,129	503,577	$49,516,726
KMB	Kimberly Clark Corp	+14,717	461,771	$50,688,602
CARR	CARRIER GLOBAL Corp	+10,466	153,645	$11,269,860
TFC	Truist Financial Corp	+10,199	1,339,362	$66,727,014
HD	Home Depot, Inc.	+9,891	200,409	$70,680,246
MCD	Mcdonalds Corp	+9,731	224,805	$60,767,039
AJG	Arthur J. Gallagher & Co.	+9,229	262,241	$60,202,666
PG	PROCTER & GAMBLE Co	+9,122	379,476	$55,646,360
AEP	American Electric Power Co Inc	+8,081	384,533	$52,607,959
WWR	Westwater Resources, Inc.	+7,525	30,479	$15,544
CL	Colgate Palmolive Co	+7,436	634,264	$58,149,323
LLY	ELI LILLY & Co	+7,415	15,064	$18,068,215
GLDM	World Gold Trust	+7,346	56,867	$4,516,377
BX	Blackstone Inc.	+6,871	87,644	$10,313,069
IBM	International Business Machines Corp	+6,623	301,425	$84,763,724
KO	Coca Cola Co	+6,299	279,984	$22,754,299
PEP	Pepsico Inc	+6,295	346,274	$46,885,499
MTR	Mesa Royalty Trust/Tx	+6,200	22,570	$69,967
MSFT	Microsoft Corp	+5,665	219,788	$81,985,319
SJT	San Juan Basin Royalty Trust	+5,500	35,508	$113,980
ABBV	AbbVie Inc.	+5,433	371,366	$93,450,540
SYK	Stryker Corp	+5,366	32,214	$10,142,255
NEE	Nextera Energy Inc	+5,268	858,202	$75,324,389
SO	Southern Co	+5,050	787,841	$75,404,262
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ABT	Abbott Laboratories	−73,469	15,522	$1,408,466
CSCO	Cisco Systems, Inc.	−40,173	906,782	$106,510,613
SFBS	ServisFirst Bancshares, Inc.	−16,198	959,733	$83,256,837
GOOGL	Alphabet Inc.	−12,673	64,087	$22,545,401
TXN	Texas Instruments Inc	−11,780	255,512	$76,160,461
AMD	Advanced Micro Devices Inc	−8,936	58,015	$33,120,583
MU	Micron Technology Inc	−8,020	27,937	$32,247,399
AFL	Aflac Inc	−6,894	38,442	$4,507,324
PNFP	Pinnacle Financial Partners, Inc.	−4,849	26,853	$2,708,930
XOM	ExxonMobil Holdings Corp	−4,634	519,749	$71,060,083
QCOM	Qualcomm Inc/De	−4,484	413,112	$76,338,966
INTC	Intel Corp	−3,232	11,284	$1,575,584
VZ	Verizon Communications Inc	−2,701	1,201,159	$50,857,072
JNJ	Johnson & Johnson	−2,523	356,484	$90,536,241
AAPL	Apple Inc.	−2,421	372,791	$107,870,803
NVS	Novartis AG	−2,204	7,262	$1,138,100
DEO	Diageo PLC	−2,000	3,934	$316,214
UL	Unilever PLC	−1,999	3,967	$238,496
NVDA	Nvidia Corp	−1,646	175,029	$34,821,462
RTX	RTX Corp	−1,356	461,989	$87,653,172
KMI	Kinder Morgan, Inc.	−1,000	21,803	$697,041
CAT	Caterpillar Inc	−945	38,163	$40,639,778
DIS	Walt Disney Co	−718	8,957	$862,111
QQQ	Invesco Qqq Trust, Series 1	−594	4,432	$3,263,724
GPN	Global Payments Inc	−528	5,307	$385,075
No positions match the current search.

New Positions

Positions the filer opened this quarter

21 positions

Ticker	Company	Shares	Value
HONA	Honeywell Aerospace Inc.	3,786	$835,948
MRVL	Marvell Technology, Inc.	1,780	$530,244
SPCX	Space Exploration Technologies Corp	2,021	$345,308
ASML	Asml Holding NV	144	$286,479
DAL	Delta Air Lines, Inc.	2,952	$276,484
FBIN	Fortune Brands Innovations, Inc.	4,621	$253,692
CSX	Csx Corp	5,226	$248,391
MGM	MGM Resorts International	4,750	$227,097
VVV	Valvoline Inc	5,736	$226,801
JAZZ	Jazz Pharmaceuticals plc	903	$217,595
HALO	Halozyme Therapeutics, Inc.	2,700	$211,329
FLEX	Flex Ltd.	1,300	$210,691
FSLR	First Solar, Inc.	891	$210,240
KLAC	Kla Corp	690	$208,179
TLN	Talen Energy Corp	530	$203,657
CVS	CVS HEALTH Corp	1,956	$202,348
TFIN	Triumph Financial, Inc.	2,644	$201,763
MCHP	Microchip Technology Inc	2,209	$201,460
SSB	SouthState Bank Corp	2,007	$200,499
PGEN	Precigen, Inc.	25,000	$142,500
DDD	3D Systems Corp	20,000	$60,400
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
AAXJ	iShares MSCI All Country Asia ex Japan ETF	115,726	$21,328,849
BILZ	PIMCO Ultra Short Government Active ETF	758,878	$19,882,603
VB	Vanguard Morningstar Small-Cap ETF	21,085	$7,769,095
BNDW	Vanguard Total World Bond ETF	66,335	$3,883,250
XLBI	State Street Materials Select Sector SPDR Premium Income ETF	23,699	$2,134,806
HON	Honeywell International Inc	7,579	$1,713,081
FNDA	Schwab Fundamental U.S. Small Company ETF	50,018	$1,441,345
AFK	VanEck Africa Index ETF	6,021	$1,345,488
EDV	Vanguard World Funds Extended Duration ETF	8,586	$1,149,638
—		11,877	$1,088,408
VIGI	Vanguard International Dividend Appreciation ETF	6,955	$1,030,035
VXUS	Vanguard Total International Stock ETF	13,239	$1,020,859
VEU	Vanguard FTSE All-World Ex-US ETF	11,887	$782,380
BRK-B	Berkshire Hathaway Inc	1	$718,140
AAAP	Pacer Barings CLO Market Flex ETF	13,613	$714,137
VIG	Vanguard Dividend Appreciation ETF	3,068	$659,804
—		6,993	$573,286
VEA	Vanguard FTSE Developed Markets ETF	8,513	$545,513
BBAG	JPMorgan BetaBuilders U.S. Aggregate Bond ETF	6,177	$480,263
ABI	VictoryShares Pioneer Asset-Based Income ETF	9,356	$444,690
AGGY	WisdomTree Yield Enhanced U.S. Aggregate Bond Fund	2,591	$410,880
—		1,365	$280,917
AGGH	Simplify Aggregate Bond ETF	12,758	$269,193
BSX	Boston Scientific Corp	4,287	$269,009
KGC	Kinross Gold Corp	8,499	$259,389
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

259 tracked positions · $2,835,162,186 total · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 259 positions by value · page 1 of 6

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	372,791	-2,421	$107,870,803	+13.3%	3.80%
CSCO	Cisco Systems, Inc. Technology	Reduced	906,782	-40,173	$106,510,613	+45.0%	3.76%
ABBV	AbbVie Inc. Healthcare	Added	371,366	+5,433	$93,450,540	+17.4%	3.30%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	276,835	-169	$90,616,400	+11.2%	3.20%
JNJ	Johnson & Johnson Healthcare	Reduced	356,484	-2,523	$90,536,241	+3.2%	3.19%
RTX	RTX Corp Industrials	Reduced	461,989	-1,356	$87,653,172	−1.9%	3.09%
IBM	International Business Machines Corp Technology	Added	301,425	+6,623	$84,763,724	+18.6%	2.99%
SFBS	ServisFirst Bancshares, Inc. Financial Services	Reduced	959,733	-16,198	$83,256,837	+17.1%	2.94%
MSFT	Microsoft Corp Technology	Added	219,788	+5,665	$81,985,319	+3.4%	2.89%
QCOM	Qualcomm Inc/De Technology	Reduced	413,112	-4,484	$76,338,966	+42.0%	2.69%
TXN	Texas Instruments Inc Technology	Reduced	255,512	-11,780	$76,160,461	+46.8%	2.69%
SO	Southern Co Utilities	Added	787,841	+5,050	$75,404,262	−0.2%	2.66%
NEE	Nextera Energy Inc Utilities	Added	858,202	+5,268	$75,324,389	−4.9%	2.66%
CINF	Cincinnati Financial Corp Financial Services	Reduced	396,011	-480	$73,317,476	+17.5%	2.59%
CVX	Chevron Corp Energy	Added	432,091	+1,779	$71,623,404	−19.6%	2.53%
XOM	ExxonMobil Holdings Corp Energy	Reduced	519,749	-4,634	$71,060,083	−20.1%	2.51%
HD	Home Depot, Inc. Consumer Cyclical	Added	200,409	+9,891	$70,680,246	+12.8%	2.49%
EMR	Emerson Electric Co Industrials	Added	466,315	+33	$66,752,992	+9.3%	2.35%
TFC	Truist Financial Corp Financial Services	Added	1,339,362	+10,199	$66,727,014	+9.2%	2.35%
LMT	Lockheed Martin Corp Industrials	Added	130,241	+3,585	$66,352,579	−13.3%	2.34%
MCD	Mcdonalds Corp Consumer Cyclical	Added	224,805	+9,731	$60,767,039	−9.1%	2.14%
AJG	Arthur J. Gallagher & Co. Financial Services	Added	262,241	+9,229	$60,202,666	+9.9%	2.12%
ED	Consolidated Edison Inc Utilities	Added	533,029	+3,933	$58,968,998	−1.5%	2.08%
CL	Colgate Palmolive Co Consumer Defensive	Added	634,264	+7,436	$58,149,323	+8.8%	2.05%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	379,476	+9,122	$55,646,360	+4.0%	1.96%
PFE	Pfizer Inc Healthcare	Added	2,194,625	+46,534	$52,846,570	−12.4%	1.86%
AEP	American Electric Power Co Inc Utilities	Added	384,533	+8,081	$52,607,959	+6.6%	1.86%
VZ	Verizon Communications Inc Communication Services	Reduced	1,201,159	-2,701	$50,857,072	−15.8%	1.79%
KMB	Kimberly Clark Corp Consumer Defensive	Added	461,771	+14,717	$50,688,602	+17.5%	1.79%
PAYX	Paychex Inc Technology	Added	503,577	+19,129	$49,516,726	+11.0%	1.75%
PEP	Pepsico Inc Consumer Defensive	Added	346,274	+6,295	$46,885,499	−11.2%	1.65%
CAT	Caterpillar Inc Industrials	Reduced	38,163	-945	$40,639,778	+46.7%	1.43%
NVDA	Nvidia Corp Technology	Reduced	175,029	-1,646	$34,821,462	+13.0%	1.23%
AMD	Advanced Micro Devices Inc Technology	Reduced	58,015	-8,936	$33,120,583	+143.2%	1.17%
MU	Micron Technology Inc Technology	Reduced	27,937	-8,020	$32,247,399	+165.5%	1.14%
KO	Coca Cola Co Consumer Defensive	Added	279,984	+6,299	$22,754,299	+9.3%	0.80%
GOOGL	Alphabet Inc. Communication Services	Reduced	64,087	-12,673	$22,545,401	+2.2%	0.80%
LLY	ELI LILLY & Co Healthcare	Added	15,064	+7,415	$18,068,215	+156.8%	0.64%
DE	Deere & Co Industrials	Added	28,119	+1,058	$17,836,725	+17.0%	0.63%
PANW	Palo Alto Networks Inc Technology	Added	51,532	+1,691	$17,573,442	+119.9%	0.62%
AMAT	Applied Materials Inc /De Technology	Added	25,074	+3,193	$17,405,502	+132.7%	0.61%
AMZN	Amazon Com Inc Consumer Cyclical	Added	69,670	+2,206	$16,605,147	+18.2%	0.59%
GS	Goldman Sachs Group Inc Financial Services	Added	16,363	+357	$16,549,047	+22.2%	0.58%
V	Visa Inc. Financial Services	Added	46,021	+3,023	$15,103,164	+16.2%	0.53%
AVGO	Broadcom Inc. Technology	Added	35,018	+1,384	$13,228,049	+27.1%	0.47%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	80,148	+4,891	$12,142,422	+1.0%	0.43%
ORCL	Oracle Corp Technology	Added	79,270	+4,653	$11,617,018	+5.8%	0.41%
CARR	CARRIER GLOBAL Corp Industrials	Added	153,645	+10,466	$11,269,860	+39.8%	0.40%
META	Meta Platforms, Inc. Communication Services	Added	19,595	+2,188	$11,037,667	+10.8%	0.39%
TGT	Target Corp Consumer Defensive	Added	83,809	+4,169	$10,946,293	+13.4%	0.39%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.