Skip to main content

Welch Group, LLC

SEC CIK
0001443095
Latest filing
Jul 23, 2026

Holdings in Q2 2021

Holdings as of Jun 30, 2021, filed Jul 21, 2021. Long positions only; changes compare share counts with Q1 2021.

Institution overview
Positions
189
0 vs. Q1 2021
Portfolio value
$1.47B
+$77.5M (+5.6%) vs. Q1 2021
Filed
Jul 21, 2021
SEC
Holdings of Welch Group, LLC in Q2 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
SFBSServisFirst Bancshares, Inc.COM1,432,610$97.4M6.6%−53,269−3.6%ReducedHistory
MSFTMicrosoft CorpStock215,489$58.4M4.0%−3,429−1.6%ReducedHistory
AAPLApple Inc.Stock364,130$49.9M3.4%+1,421+0.4%AddedHistory
HDHome Depot, Inc.Stock146,675$46.8M3.2%−2,005−1.3%ReducedHistory
AJGArthur J. Gallagher & Co.COM306,065$42.9M2.9%−12,332−3.9%ReducedHistory
ABBVAbbVie Inc.Stock368,210$41.5M2.8%+1,193+0.3%AddedHistory
CINFCincinnati Financial CorpCOM355,375$41.4M2.8%−19,150−5.1%ReducedHistory
PAYXPaychex IncStock384,542$41.3M2.8%−3,137−0.8%ReducedHistory
EMREmerson Electric CoStock424,475$40.9M2.8%−16,587−3.8%ReducedHistory
NEENextera Energy IncStock553,981$40.6M2.8%+15,463+2.9%AddedHistory
JNJJohnson & JohnsonStock245,982$40.5M2.8%+3,599+1.5%AddedHistory
XOMExxonMobil Holdings CorpCOM627,494$39.6M2.7%−11,093−1.7%ReducedHistory
PEPPepsiCo IncStock264,028$39.1M2.7%+3,200+1.2%AddedHistory
MCDMcDonalds CorpStock168,833$39.0M2.7%+3,303+2.0%AddedHistory
CVXChevron CorpStock371,060$38.9M2.6%+4,336+1.2%AddedHistory
RTXRTX CorpStock453,685$38.7M2.6%−5,440−1.2%ReducedHistory
SOSouthern CoStock638,375$38.6M2.6%+9,517+1.5%AddedHistory
QCOMQualcomm IncStock267,039$38.2M2.6%+8,389+3.2%AddedHistory
PGProcter & Gamble CoStock281,198$37.9M2.6%+6,754+2.5%AddedHistory
IBMInternational Business Machines CorpStock258,615$37.9M2.6%+4,406+1.7%AddedHistory
CLColgate Palmolive CoStock465,630$37.9M2.6%+15,019+3.3%AddedHistory
LMTLockheed Martin CorpStock98,770$37.4M2.5%+3,638+3.8%AddedHistory
INTCIntel CorpStock659,159$37.0M2.5%+26,415+4.2%AddedHistory
MMM3M CoStock181,088$36.0M2.5%−2,079−1.1%ReducedHistory
GISGeneral Mills IncStock580,000$35.3M2.4%+15,171+2.7%AddedHistory
NVSNovartis AGADR379,811$34.7M2.4%+16,047+4.4%AddedHistory
TAT&T Inc.Stock1,196,179$34.4M2.3%+41,515+3.6%AddedHistory
KMBKimberly Clark CorpStock250,644$33.5M2.3%+15,222+6.5%AddedHistory
VZVerizon Communications IncStock593,161$33.2M2.3%+25,801+4.5%AddedHistory
ULUnilever PLCSPON ADR NEW564,085$33.0M2.2%+21,262+3.9%AddedHistory
EDConsolidated Edison IncStock421,818$30.3M2.1%+20,746+5.2%AddedHistory
KOCoca Cola CoStock204,816$11.1M0.8%+3,284+1.6%AddedHistory
Vanguard S&P 500 ETF922908363ETF24,141$9.50M0.6%00.0%Unchanged–
SPYSPDR S&P 500 ETF TrustETF14,659$6.28M0.4%−737−4.8%ReducedHistory
JPMJPMorgan Chase & CoStock39,371$6.12M0.4%+1,710+4.5%AddedHistory
BRK.BBerkshire Hathaway IncStock19,398$5.39M0.4%+1,103+6.0%AddedHistory
CATCaterpillar IncStock23,679$5.15M0.4%+1,256+5.6%AddedHistory
VMCVulcan Materials COCOM25,830$4.50M0.3%−881−3.3%ReducedHistory
GLGlobe Life Inc.COM44,472$4.24M0.3%−186−0.4%ReducedHistory
DEDeere & CoStock11,888$4.19M0.3%+793+7.1%AddedHistory
CSCOCisco Systems, Inc.Stock77,501$4.11M0.3%+5,680+7.9%AddedHistory
TGTTarget CorpStock16,331$3.95M0.3%+1,205+8.0%AddedHistory
ABTAbbott LaboratoriesStock34,017$3.94M0.3%+3,505+11.5%AddedHistory
DISWalt Disney CoStock22,356$3.93M0.3%+1,954+9.6%AddedHistory
NVDANVIDIA CorpStock4,905$3.92M0.3%+603+14.0%AddedHistory
GOOGLAlphabet Inc.Stock1,595$3.90M0.3%+88+5.8%AddedHistory
iShares Core S&P 500 ETF464287200ETF8,039$3.46M0.2%−98−1.2%Reduced–
AMZNAmazon Com IncStock996$3.43M0.2%+30+3.1%AddedHistory
BMYBristol Myers Squibb CoStock50,529$3.38M0.2%+4,514+9.8%AddedHistory
VVisa Inc.Stock13,784$3.22M0.2%−685−4.7%ReducedHistory
TFCTruist Financial CorpCOM56,517$3.14M0.2%+5,080+9.9%AddedHistory
BACBank of America CorpStock75,707$3.12M0.2%+548+0.7%AddedHistory
BXBlackstone Inc.COM30,167$2.93M0.2%+3,065+11.3%AddedHistory
GSGoldman Sachs Group IncStock7,355$2.79M0.2%+843+12.9%AddedHistory
PFEPfizer IncStock65,399$2.56M0.2%+229+0.4%AddedHistory
SYKStryker CorpStock9,835$2.55M0.2%+1,414+16.8%AddedHistory
ORCLOracle CorpStock32,499$2.53M0.2%+4,055+14.3%AddedHistory
SNVSynovus Financial CorpCOM NEW55,604$2.44M0.2%00.0%UnchangedHistory
RFRegions Financial CorpCOM118,074$2.38M0.2%+802+0.7%AddedHistory
SHWSherwin Williams CoCOM8,601$2.34M0.2%+1,146+15.4%AddedConverted for a 3-for-1 splitHistory
ACNAccenture plcStock7,562$2.23M0.2%+1,225+19.3%AddedHistory
MAMastercard IncStock6,088$2.22M0.2%+982+19.2%AddedHistory
AXPAmerican Express CoStock13,241$2.19M0.1%−21−0.2%ReducedHistory
MRKMerck & Co., Inc.Stock28,069$2.18M0.1%+101+0.4%AddedHistory
DGDollar General CorpCOM9,611$2.08M0.1%+1,715+21.7%AddedHistory
PMPhilip Morris International Inc.Stock19,892$1.97M0.1%−27−0.1%ReducedHistory
TJXTJX Companies IncStock29,150$1.97M0.1%+5,469+23.1%AddedHistory
WMTWalmart Inc.Stock13,315$1.88M0.1%−1,223−8.4%ReducedHistory
GGGGraco IncCOM21,391$1.62M0.1%−1,564−6.8%ReducedHistory
RBNCReliant Bancorp, Inc.COM51,864$1.44M0.1%00.0%UnchangedHistory
LLYEli Lilly & CoStock6,132$1.41M0.1%00.0%UnchangedHistory
AONAon plcCL A5,890$1.41M0.1%00.0%UnchangedHistory
DUKDuke Energy CORPStock13,777$1.36M0.1%+89+0.7%AddedHistory
MOAltria Group, Inc.Stock26,719$1.27M0.1%−403−1.5%ReducedHistory
MCFContango Oil & Gas CoCOM NEW266,141$1.15M0.1%00.0%UnchangedHistory
WELLWelltower Inc.REIT13,570$1.13M0.1%+170+1.3%AddedHistory
GPCGenuine Parts CoStock8,352$1.06M0.1%+171+2.1%AddedHistory
METAMeta Platforms, Inc.Stock3,002$1.04M0.1%+341+12.8%AddedHistory
GLDSPDR Gold TrustETF6,153$1.02M0.1%00.0%UnchangedHistory
NOCNorthrop Grumman CorpStock2,770$1.01M0.1%00.0%UnchangedHistory
GOOGAlphabet Inc.Stock383$960.0K0.1%+65+20.4%AddedHistory
EPDEnterprise Products Partners L.P.Stock39,457$952.0K0.1%00.0%UnchangedHistory
TXNTexas Instruments IncStock4,929$948.0K0.1%00.0%UnchangedHistory
Vanguard Scottsdale FDS92206C730VNG RUS1000IDX4,569$915.0K0.1%00.0%Unchanged–
DEODiageo PLCSPON ADR NEW4,757$912.0K0.1%00.0%UnchangedHistory
MDLZMondelez International, Inc.Stock13,695$855.0K0.1%−342−2.4%ReducedHistory
WMWaste Management IncStock5,825$816.0K0.1%+39+0.7%AddedHistory
Invesco QQQ Trust Series I46090E103ETF2,171$769.0K0.1%+30+1.4%Added–
Schwab U.S. Large-Cap Growth ETF808524300ETF5,103$745.0K0.1%−220−4.1%Reduced–
iShares U.S. Medical Devices ETF464288810ETF1,906$688.0K<0.1%−75−3.8%Reduced–
RYRoyal Bank of CanadaStock6,490$658.0K<0.1%00.0%UnchangedHistory
BABoeing CoStock2,675$641.0K<0.1%+36+1.4%AddedHistory
AEPAmerican Electric Power Co IncStock7,561$640.0K<0.1%+10+0.1%AddedHistory
HONHoneywell International IncCOM2,844$624.0K<0.1%+26+0.9%AddedHistory
RSGRepublic Services, Inc.COM5,595$616.0K<0.1%+126+2.3%AddedHistory
NSCNorfolk Southern CorpStock2,245$596.0K<0.1%+25+1.1%AddedHistory
iShares MSCI Eafe ETF464287465ETF7,546$595.0K<0.1%+1,676+28.6%Added–
Invesco Exchange Traded FD T46137V613RAFI US 1000 ETF3,596$577.0K<0.1%−58−1.6%Reduced–
PNCPNC Financial Services Group, Inc.Stock2,976$568.0K<0.1%+60+2.1%AddedHistory
DDominion Energy, IncStock7,693$566.0K<0.1%−84−1.1%ReducedHistory

Sold out since Q1 2021 (9)

Positions held at the end of Q1 2021 that are gone from this filing.

Positions of Welch Group, LLC sold out since Q1 2021
SecurityClassShares in Q1 2021Value in Q1 2021% of portfolio in Q1 2021History
Vanguard Morningstar Growth ETF922908736ETF1,299$334.0K<0.1%–
iShares Core MSCI Eafe ETF46432F842ETF4,124$297.0K<0.1%–
Vanguard Morningstar Value ETF922908744ETF2,023$266.0K<0.1%–
iShares Tr464287234MSCI EMG MKT ETF4,993$266.0K<0.1%–
ADMArcher-Daniels-Midland CoStock4,318$246.0K<0.1%History
FISVFiserv IncStock1,728$206.0K<0.1%History
iShares Russell 2000 ETF464287655ETF929$205.0K<0.1%–
DALDelta Air Lines, Inc.COM NEW4,218$204.0K<0.1%History
AMDAdvanced Micro Devices IncStock2,581$203.0K<0.1%History