Welch Group, LLC
- SEC CIK
- 0001443095
- Latest filing
- Jul 23, 2026
Holdings in Q4 2022
Holdings as of Dec 31, 2022, filed Jan 30, 2023. Long positions only; changes compare share counts with Q3 2022.
- Positions
- 219
- +39 vs. Q3 2022
- Portfolio value
- $1.75B
- +$211.8M (+13.8%) vs. Q3 2022
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| PNCPNC Financial Services Group, Inc. | Stock | 3,164 | $499.7K | <0.1% | 00.0% | Unchanged | History |
| SBUXStarbucks Corp | Stock | 5,072 | $503.1K | <0.1% | +239+4.9% | Added | History |
| Schwab Fundamental U.S. Large Company ETF808524771 | ETF | 9,434 | $504.2K | <0.1% | +9,434 | New | – |
| State Street Consumer Staples Select Sector SPDR ETF81369Y308 | ETF | 6,855 | $511.0K | <0.1% | +6,855 | New | – |
| NSCNorfolk Southern Corp | Stock | 2,166 | $533.7K | <0.1% | +2+0.1% | Added | History |
| DOWDow Inc. | Stock | 10,644 | $536.4K | <0.1% | +14+0.1% | Added | History |
| WFCWells Fargo & Company | Stock | 12,998 | $536.7K | <0.1% | −288−2.2% | Reduced | History |
| DVNDevon Energy Corp | Stock | 8,878 | $546.1K | <0.1% | −146−1.6% | Reduced | History |
| Vanguard Morningstar Mid-Cap ETF922908629 | ETF | 2,686 | $547.5K | <0.1% | +2,686 | New | – |
| UTGReaves Utility Income Fund | COM SH BEN INT | 19,658 | $555.7K | <0.1% | +2,731+16.1% | Added | History |
| OKEONEOK Inc | COM | 8,482 | $557.3K | <0.1% | 00.0% | Unchanged | History |
| XELXcel Energy Inc | Stock | 7,990 | $560.2K | <0.1% | 00.0% | Unchanged | History |
| KHCKraft Heinz Co | Stock | 14,517 | $591.0K | <0.1% | −59−0.4% | Reduced | History |
| RYRoyal Bank of Canada | Stock | 6,390 | $600.8K | <0.1% | 00.0% | Unchanged | History |
| AEPAmerican Electric Power Co Inc | Stock | 6,359 | $603.8K | <0.1% | −250−3.8% | Reduced | History |
| iShares Semiconductor ETF464287523 | ETF | 1,775 | $617.7K | <0.1% | +1,775 | New | – |
| Vanguard High Dividend Yield Index ETF921946406 | ETF | 5,727 | $619.7K | <0.1% | 00.0% | Unchanged | – |
| HONHoneywell International Inc | COM | 2,932 | $628.3K | <0.1% | +79+2.8% | Added | History |
| CBChubb Ltd | Stock | 2,869 | $632.9K | <0.1% | 00.0% | Unchanged | History |
| YUMYum Brands Inc | Stock | 4,973 | $636.9K | <0.1% | +10.0% | Added | History |
| CRGYCrescent Energy Co | CL A COM | 53,272 | $638.7K | <0.1% | 00.0% | Unchanged | History |
| DDominion Energy, Inc | Stock | 10,911 | $669.1K | <0.1% | −551−4.8% | Reduced | History |
| Invesco QQQ Trust Series I46090E103 | ETF | 2,517 | $670.2K | <0.1% | +1,283+104.0% | Added | – |
| SPDR Series Trust78464A540 | ST STR SP TELCO | 8,615 | $703.1K | <0.1% | +8,615 | New | – |
| RSGRepublic Services, Inc. | COM | 5,735 | $739.8K | <0.1% | +140+2.5% | Added | History |
| Vanguard Scottsdale FDS92206C730 | VNG RUS1000IDX | 4,495 | $783.3K | <0.1% | −74−1.6% | Reduced | – |
| DEODiageo PLC | SPON ADR NEW | 4,400 | $784.0K | <0.1% | −357−7.5% | Reduced | History |
| COSTCostco Wholesale Corp | Stock | 1,719 | $784.7K | <0.1% | +647+60.4% | Added | History |
| AVDXAvidXchange Holdings, Inc. | COM | 80,237 | $797.6K | <0.1% | 00.0% | Unchanged | History |
| TXNTexas Instruments Inc | Stock | 5,098 | $842.3K | <0.1% | +169+3.4% | Added | History |
| WELLWelltower Inc. | REIT | 13,400 | $878.4K | 0.1% | −558−4.0% | Reduced | History |
| COPConocoPhillips | Stock | 7,642 | $901.8K | 0.1% | +56+0.7% | Added | History |
| MDLZMondelez International, Inc. | Stock | 13,583 | $905.3K | 0.1% | +10.0% | Added | History |
| GOOGAlphabet Inc. | Stock | 10,279 | $912.0K | 0.1% | +57+0.6% | Added | History |
| WMWaste Management Inc | Stock | 5,925 | $929.5K | 0.1% | −112−1.9% | Reduced | History |
| GLDSPDR Gold Trust | ETF | 5,503 | $933.5K | 0.1% | +5,503 | New | History |
| EPDEnterprise Products Partners L.P. | Stock | 39,957 | $963.8K | 0.1% | +3,500+9.6% | Added | History |
| BBVABanco Bilbao Vizcaya Argentaria, S.A. | SPONSORED ADR | 164,448 | $988.3K | 0.1% | +417+0.3% | Added | History |
| NVSNovartis AG | ADR | 13,109 | $1.19M | 0.1% | −448−3.3% | Reduced | History |
| State Street Technology Select Sector SPDR ETF81369Y803 | ETF | 10,386 | $1.29M | 0.1% | +10,386 | New | – |
| UCBUnited Community Banks Inc | COM | 40,916 | $1.38M | 0.1% | 00.0% | Unchanged | History |
| GPCGenuine Parts Co | Stock | 8,151 | $1.41M | 0.1% | +10.0% | Added | History |
| GGGGraco Inc | COM | 21,391 | $1.44M | 0.1% | 00.0% | Unchanged | History |
| NOCNorthrop Grumman Corp | Stock | 2,770 | $1.51M | 0.1% | 00.0% | Unchanged | History |
| State Street SPDR S&P Semiconductor ETF78464A862 | ETF | 9,570 | $1.60M | 0.1% | +9,570 | New | – |
| DUKDuke Energy CORP | Stock | 15,941 | $1.64M | 0.1% | −217−1.3% | Reduced | History |
| AONAon plc | CL A | 5,690 | $1.71M | 0.1% | 00.0% | Unchanged | History |
| MOAltria Group, Inc. | Stock | 39,566 | $1.81M | 0.1% | −49−0.1% | Reduced | History |
| AXPAmerican Express Co | Stock | 12,430 | $1.84M | 0.1% | −671−5.1% | Reduced | History |
| WMTWalmart Inc. | Stock | 14,380 | $2.04M | 0.1% | +192+1.4% | Added | History |
| PMPhilip Morris International Inc. | Stock | 20,378 | $2.06M | 0.1% | +104+0.5% | Added | History |
| LLYEli Lilly & Co | Stock | 5,869 | $2.15M | 0.1% | +45+0.8% | Added | History |
| State Street Financial Select Sector SPDR ETF81369Y605 | ETF | 63,180 | $2.16M | 0.1% | +63,180 | New | – |
| SNVSynovus Financial Corp | COM NEW | 62,590 | $2.35M | 0.1% | +250+0.4% | Added | History |
| iShares Tr464287457 | 1 3 YR TREAS BD | 29,090 | $2.36M | 0.1% | +29,090 | New | – |
| SPYSPDR S&P 500 ETF Trust | ETF | 6,293 | $2.41M | 0.1% | +6,293 | New | History |
| AFLAflac Inc | Stock | 33,844 | $2.43M | 0.1% | +30.0% | Added | History |
| BACBank of America Corp | Stock | 79,028 | $2.62M | 0.1% | +784+1.0% | Added | History |
| RFRegions Financial Corp | COM | 122,219 | $2.64M | 0.2% | +558+0.5% | Added | History |
| State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663 | ETF | 31,059 | $2.84M | 0.2% | −10,948−26.1% | Reduced | – |
| DISWalt Disney Co | Stock | 34,780 | $3.02M | 0.2% | −1,512−4.2% | Reduced | History |
| BXBlackstone Inc. | COM | 42,932 | $3.19M | 0.2% | +2,081+5.1% | Added | History |
| ACNAccenture plc | Stock | 12,198 | $3.25M | 0.2% | +214+1.8% | Added | History |
| MRKMerck & Co., Inc. | Stock | 29,785 | $3.30M | 0.2% | +259+0.9% | Added | History |
| SHWSherwin Williams Co | COM | 14,585 | $3.46M | 0.2% | +378+2.7% | Added | History |
| TGTTarget Corp | Stock | 23,929 | $3.57M | 0.2% | −998−4.0% | Reduced | History |
| SYKStryker Corp | Stock | 15,504 | $3.79M | 0.2% | +585+3.9% | Added | History |
| AMZNAmazon Com Inc | Stock | 45,194 | $3.80M | 0.2% | +4,741+11.7% | Added | History |
| MAMastercard Inc | Stock | 11,177 | $3.89M | 0.2% | +631+6.0% | Added | History |
| iShares Select Dividend ETF464287168 | ETF | 33,288 | $4.01M | 0.2% | +33,288 | New | – |
| NVDANVIDIA Corp | Stock | 27,517 | $4.02M | 0.2% | +1,203+4.6% | Added | History |
| GSGoldman Sachs Group Inc | Stock | 11,812 | $4.06M | 0.2% | +409+3.6% | Added | History |
| ORCLOracle Corp | Stock | 51,159 | $4.18M | 0.2% | +1,755+3.6% | Added | History |
| DGDollar General Corp | COM | 17,038 | $4.20M | 0.2% | +563+3.4% | Added | History |
| GOOGLAlphabet Inc. | Stock | 48,639 | $4.29M | 0.2% | +202+0.4% | Added | History |
| VMCVulcan Materials CO | COM | 24,901 | $4.36M | 0.2% | +40.0% | Added | History |
| TJXTJX Companies Inc | Stock | 56,247 | $4.48M | 0.3% | +1,841+3.4% | Added | History |
| VVisa Inc. | Stock | 22,166 | $4.61M | 0.3% | +606+2.8% | Added | History |
| ABTAbbott Laboratories | Stock | 47,031 | $5.16M | 0.3% | −69−0.1% | Reduced | History |
| TAT&T Inc. | Stock | 282,168 | $5.19M | 0.3% | +215+0.1% | Added | History |
| CSCOCisco Systems, Inc. | Stock | 111,735 | $5.32M | 0.3% | +4,700+4.4% | Added | History |
| BMYBristol Myers Squibb Co | Stock | 75,506 | $5.43M | 0.3% | +1,964+2.7% | Added | History |
| GLGlobe Life Inc. | COM | 50,607 | $6.10M | 0.3% | −282−0.6% | Reduced | History |
| DEDeere & Co | Stock | 16,718 | $7.17M | 0.4% | −16−0.1% | Reduced | History |
| Vanguard S&P 500 ETF922908363 | ETF | 21,131 | $7.42M | 0.4% | −3,083−12.7% | Reduced | – |
| CATCaterpillar Inc | Stock | 33,421 | $8.01M | 0.5% | +385+1.2% | Added | History |
| iShares Core S&P 500 ETF464287200 | ETF | 28,660 | $11.0M | 0.6% | +28,660 | New | – |
| KOCoca Cola Co | Stock | 220,455 | $14.0M | 0.8% | +1,214+0.6% | Added | History |
| INTCIntel Corp | Stock | 995,004 | $26.3M | 1.5% | +2,200+0.2% | Added | History |
| VZVerizon Communications Inc | Stock | 715,034 | $28.2M | 1.6% | −75,072−9.5% | Reduced | History |
| TFCTruist Financial Corp | COM | 769,143 | $33.1M | 1.9% | +887+0.1% | Added | History |
| QCOMQualcomm Inc | Stock | 312,246 | $34.3M | 2.0% | +3,677+1.2% | Added | History |
| CINFCincinnati Financial Corp | COM | 384,924 | $39.4M | 2.3% | +5,995+1.6% | Added | History |
| ULUnilever PLC | SPON ADR NEW | 795,474 | $40.1M | 2.3% | +18,871+2.4% | Added | History |
| JPMJPMorgan Chase & Co | Stock | 309,585 | $41.5M | 2.4% | +8,467+2.8% | Added | History |
| KMBKimberly Clark Corp | Stock | 309,996 | $42.1M | 2.4% | +10,028+3.3% | Added | History |
| PFEPfizer Inc | Stock | 851,498 | $43.6M | 2.5% | +16,573+2.0% | Added | History |
| EDConsolidated Edison Inc | Stock | 464,214 | $44.2M | 2.5% | +9,243+2.0% | Added | History |
| PAYXPaychex Inc | Stock | 384,504 | $44.4M | 2.5% | +7,520+2.0% | Added | History |
| CLColgate Palmolive Co | Stock | 583,533 | $46.0M | 2.6% | +19,588+3.5% | Added | History |
Sold out since Q3 2022 (6)
Positions held at the end of Q3 2022 that are gone from this filing.
| Security | Class | Shares in Q3 2022 | Value in Q3 2022 | % of portfolio in Q3 2022 | History |
|---|---|---|---|---|---|
| AJRDAerojet Rocketdyne Holdings, Inc. | COM | 6,450 | $258.0K | <0.1% | History |
| CCitigroup Inc | Stock | 6,085 | $254.0K | <0.1% | History |
| TSLATesla, Inc. | Stock | 814 | $216.0K | <0.1% | History |
| Schwab U.S. Large-Cap Growth ETF808524300 | ETF | 3,846 | $215.0K | <0.1% | – |
| EWEdwards Lifesciences Corp | Stock | 2,453 | $203.0K | <0.1% | History |
| WBDWarner Bros. Discovery, Inc. | Stock | 11,314 | $130.0K | <0.1% | History |