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Welch Group, LLC

SEC CIK
0001443095
Latest filing
Jul 23, 2026

Holdings in Q4 2024

Holdings as of Dec 31, 2024, filed Jan 27, 2025. Long positions only; changes compare share counts with Q3 2024.

Institution overview
Positions
263
−6 vs. Q3 2024
Portfolio value
$2.22B
−$79.8M (−3.5%) vs. Q3 2024
Filed
Jan 27, 2025
SEC
Holdings of Welch Group, LLC in Q4 2024
SecurityClassSharesValue% of portfolioShare changeActionHistory
AAPLApple Inc.Stock361,297$91.1M4.1%−2,624−0.7%ReducedHistory
SFBSServisFirst Bancshares, Inc.COM1,035,624$88.7M4.0%−103,615−9.1%ReducedHistory
MSFTMicrosoft CorpStock201,277$85.5M3.9%+422+0.2%AddedHistory
JPMJPMorgan Chase & CoStock301,071$72.1M3.2%−4,866−1.6%ReducedHistory
IBMInternational Business Machines CorpStock319,247$70.3M3.2%−3,728−1.2%ReducedHistory
AJGArthur J. Gallagher & Co.COM234,210$66.6M3.0%−836−0.4%ReducedHistory
HDHome Depot, Inc.Stock170,173$66.3M3.0%+129+0.1%AddedHistory
SOSouthern CoStock780,346$64.3M2.9%−5,375−0.7%ReducedHistory
ABBVAbbVie Inc.Stock364,516$64.2M2.9%+4,317+1.2%AddedHistory
RTXRTX CorpStock542,103$62.5M2.8%−1,472−0.3%ReducedHistory
EMREmerson Electric CoStock480,432$59.7M2.7%−3,509−0.7%ReducedHistory
CINFCincinnati Financial CorpCOM407,097$58.3M2.6%−5,058−1.2%ReducedHistory
MCDMcDonalds CorpStock199,402$57.7M2.6%+2,745+1.4%AddedHistory
NEENextera Energy IncStock802,465$57.6M2.6%−5,503−0.7%ReducedHistory
CLColgate Palmolive CoStock631,619$57.3M2.6%+9,137+1.5%AddedHistory
LMTLockheed Martin CorpStock117,754$56.9M2.6%+1,212+1.0%AddedHistory
PAYXPaychex IncStock403,801$56.5M2.5%−756−0.2%ReducedHistory
CVXChevron CorpStock394,292$56.4M2.5%+7,626+2.0%AddedHistory
PGProcter & Gamble CoStock326,148$54.5M2.5%+2,278+0.7%AddedHistory
QCOMQualcomm IncStock351,061$54.3M2.4%+4,613+1.3%AddedHistory
XOMExxonMobil Holdings CorpCOM512,125$54.2M2.4%−2,628−0.5%ReducedHistory
TFCTruist Financial CorpCOM1,247,422$54.1M2.4%+5,588+0.4%AddedHistory
ULUnilever PLCSPON ADR NEW863,801$49.0M2.2%+5,344+0.6%AddedHistory
JNJJohnson & JohnsonStock339,526$48.7M2.2%−6,271−1.8%ReducedHistory
PEPPepsiCo IncStock315,840$47.9M2.2%+2,729+0.9%AddedHistory
KMBKimberly Clark CorpStock354,631$46.3M2.1%+3,424+1.0%AddedHistory
EDConsolidated Edison IncStock502,903$44.8M2.0%+3,614+0.7%AddedHistory
TXNTexas Instruments IncStock237,479$44.6M2.0%+2,478+1.1%AddedHistory
GISGeneral Mills IncStock684,988$43.4M2.0%−5,730−0.8%ReducedHistory
VZVerizon Communications IncStock1,074,430$42.5M1.9%−11,751−1.1%ReducedHistory
PFEPfizer IncStock1,032,856$27.3M1.2%−559,366−35.1%ReducedHistory
NVDANVIDIA CorpStock182,764$25.1M1.1%−6,893−3.6%ReducedHistory
KOCoca Cola CoStock249,437$15.5M0.7%+5,257+2.2%AddedHistory
iShares Core S&P 500 ETF464287200ETF24,704$14.6M0.7%+7,071+40.1%Added–
State Street Health Care Select Sector SPDR ETF81369Y209ETF97,418$13.4M0.6%+89,706+1,163.2%Added–
CATCaterpillar IncStock36,814$13.4M0.6%+703+1.9%AddedHistory
AMZNAmazon Com IncStock57,438$12.7M0.6%+1,564+2.8%AddedHistory
GOOGLAlphabet Inc.Stock59,438$11.4M0.5%+2,141+3.7%AddedHistory
DEDeere & CoStock24,728$10.5M0.5%+494+2.0%AddedHistory
ORCLOracle CorpStock62,163$10.4M0.5%+223+0.4%AddedHistory
VVisa Inc.Stock31,446$9.92M0.4%+308+1.0%AddedHistory
BXBlackstone Inc.COM57,212$9.84M0.4%−186−0.3%ReducedHistory
GSGoldman Sachs Group IncStock15,868$9.10M0.4%+146+0.9%AddedHistory
METAMeta Platforms, Inc.Stock15,050$8.90M0.4%+639+4.4%AddedHistory
CSCOCisco Systems, Inc.Stock145,248$8.60M0.4%+3,904+2.8%AddedHistory
AFLAflac IncStock82,196$8.46M0.4%−2,022−2.4%ReducedHistory
TJXTJX Companies IncStock66,719$8.08M0.4%+1,717+2.6%AddedHistory
ABTAbbott LaboratoriesStock68,653$7.74M0.3%+3,479+5.3%AddedHistory
MAMastercard IncStock14,526$7.63M0.3%+638+4.6%AddedHistory
VMCVulcan Materials COCOM27,780$7.17M0.3%+29+0.1%AddedHistory
SYKStryker CorpStock19,708$7.14M0.3%+603+3.2%AddedHistory
SHWSherwin Williams CoCOM20,854$7.06M0.3%+501+2.5%AddedHistory
ACNAccenture plcStock19,375$6.83M0.3%+785+4.2%AddedHistory
CARRCarrier Global CorpStock95,071$6.49M0.3%+2,647+2.9%AddedHistory
AMDAdvanced Micro Devices IncStock50,466$6.18M0.3%+2,981+6.3%AddedHistory
TGTTarget CorpStock42,199$5.70M0.3%+710+1.7%AddedHistory
AXPAmerican Express CoStock18,823$5.60M0.3%+323+1.7%AddedHistory
GLGlobe Life Inc.COM48,099$5.29M0.2%−831−1.7%ReducedHistory
LLYEli Lilly & CoStock6,500$5.03M0.2%−48−0.7%ReducedHistory
SPYSPDR S&P 500 ETF TrustETF8,448$4.97M0.2%+6,056+253.2%AddedHistory
WMTWalmart Inc.Stock46,744$4.23M0.2%−785−1.7%ReducedHistory
Vanguard S&P 500 ETF922908363ETF7,617$4.12M0.2%−770−9.2%Reduced–
AVGOBroadcom Inc.Stock16,863$3.97M0.2%+15,018+814.0%AddedHistory
SNVSynovus Financial CorpCOM NEW67,843$3.47M0.2%−9,545−12.3%ReducedHistory
RFRegions Financial CorpCOM140,279$3.32M0.1%+714+0.5%AddedHistory
MRKMerck & Co., Inc.Stock30,663$3.02M0.1%−37−0.1%ReducedHistory
PMPhilip Morris International Inc.Stock21,586$2.59M0.1%+90.0%AddedHistory
GOOGAlphabet Inc.Stock12,642$2.44M0.1%+703+5.9%AddedHistory
MOAltria Group, Inc.Stock41,088$2.14M0.1%+48+0.1%AddedHistory
Vanguard Scottsdale FDS92206C102SHORT TERM TREAS35,204$2.05M0.1%+35,204New–
GGGGraco IncCOM23,791$1.99M0.1%00.0%UnchangedHistory
Invesco QQQ Trust Series I46090E103ETF3,744$1.93M0.1%+98+2.7%Added–
TAT&T Inc.Stock85,372$1.93M0.1%+560+0.7%AddedHistory
AONAon plcCL A5,272$1.89M0.1%00.0%UnchangedHistory
GLDSPDR Gold TrustETF7,764$1.87M0.1%+105+1.4%AddedHistory
COSTCostco Wholesale CorpStock1,905$1.76M0.1%+55+3.0%AddedHistory
MLIMueller Industries IncCOM22,000$1.75M0.1%00.0%UnchangedHistory
HONHoneywell International IncCOM7,405$1.68M0.1%+352+5.0%AddedHistory
CRCrane CoCOMMON STOCK11,000$1.67M0.1%00.0%UnchangedHistory
RSGRepublic Services, Inc.COM8,122$1.63M0.1%−487−5.7%ReducedHistory
iShares Tr4642874571 3 YR TREAS BD19,927$1.63M0.1%+2,241+12.7%Added–
MODModine Manufacturing CoCOM13,000$1.53M0.1%00.0%UnchangedHistory
BACBank of America CorpStock34,700$1.52M0.1%−7,781−18.3%ReducedHistory
WFCWells Fargo & CompanyStock21,545$1.52M0.1%+185+0.9%AddedHistory
GPCGenuine Parts CoStock13,016$1.51M0.1%+10.0%AddedHistory
WMWaste Management IncStock6,788$1.37M0.1%00.0%UnchangedHistory
NOCNorthrop Grumman CorpStock2,870$1.34M0.1%+100+3.6%AddedHistory
WELLWelltower Inc.REIT10,700$1.34M0.1%00.0%UnchangedHistory
DUKDuke Energy CORPStock12,316$1.33M0.1%+171+1.4%AddedHistory
BNYBank of New York Mellon CorpStock16,936$1.31M0.1%00.0%UnchangedHistory
OKEONEOK IncCOM12,269$1.24M0.1%00.0%UnchangedHistory
TXTTextron IncCOM15,400$1.18M0.1%00.0%UnchangedHistory
HRIHerc Holdings IncCOM6,200$1.17M0.1%00.0%UnchangedHistory
Vanguard Scottsdale FDS92206C730VNG RUS1000IDX4,366$1.17M0.1%00.0%Unchanged–
GATXGatx CorpCOM7,512$1.17M0.1%00.0%UnchangedHistory
MDLZMondelez International, Inc.Stock18,847$1.12M0.1%−10.0%ReducedHistory
UCBUnited Community Banks IncCOM34,558$1.12M0.1%−3,156−8.4%ReducedHistory
WTSWatts Water Technologies IncCL A5,400$1.10M<0.1%00.0%UnchangedHistory
State Street Energy Select Sector SPDR ETF81369Y506ETF12,869$1.09M<0.1%+613+5.0%Added–
State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663ETF11,899$1.09M<0.1%+311+2.7%Added–

Sold out since Q3 2024 (19)

Positions held at the end of Q3 2024 that are gone from this filing.

Positions of Welch Group, LLC sold out since Q3 2024
SecurityClassShares in Q3 2024Value in Q3 2024% of portfolio in Q3 2024History
DGDollar General CorpCOM43,716$3.70M0.2%History
NLYAnnaly Capital Management IncREIT15,818$317.5K<0.1%History
ADBEAdobe Inc.Stock592$306.5K<0.1%History
SCHWSchwab Charles CorpStock4,286$277.8K<0.1%History
DVNDevon Energy CorpStock6,857$268.3K<0.1%History
ADMArcher-Daniels-Midland CoStock4,240$253.3K<0.1%History
AOSSmith A O CorpCOM2,754$247.4K<0.1%History
NVONovo Nordisk A SADR2,073$246.8K<0.1%History
CMCSAComcast CorpStock5,775$241.2K<0.1%History
BF.ABrown Forman CorpCL A5,000$240.4K<0.1%History
LRCXLam Research CorpCOM294$239.7K<0.1%History
NKENIKE, Inc.Stock2,519$222.7K<0.1%History
FSLRFirst Solar, Inc.Stock889$221.8K<0.1%History
LHXL3HARRIS Technologies, Inc.Stock899$213.8K<0.1%History
LBTYALiberty Global Ltd.COM CL A10,000$211.1K<0.1%History
FFord Motor CoStock15,897$167.9K<0.1%History
RIVNRivian Automotive, Inc.Stock10,853$121.8K<0.1%History
WRAPWrap Technologies, Inc.COM51,253$76.9K<0.1%History
LEXXLexaria Bioscience Corp.COM NEW24,000$73.2K<0.1%History