Welch Group, LLC

13F filer · CIK 0001443095

Reported Jul 23, 2026

Net buyer this quarter

13F portfolio value$2.93BU.S. long equity reported on 13F

Positions26621 new · 10 closed

Net flow last quarter+$16.5MBuys minus sells

Top 10 positions weight30.8%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Jul 23, 2026266 positions
AAPLApple Inc.	$108M	3.68%	0.00%	-0.7%	Q2 2013
CSCOCisco Systems, Inc.	$107M	3.64%	0.02%	-4.2%	Q4 2013
ABBVAbbVie Inc.	$93.5M	3.19%	0.02%	+1.5%	Q2 2013
JPMJPMorgan Chase & Co	$90.6M	3.09%	0.01%	-0.1%	Q2 2013
JNJJohnson & Johnson	$90.5M	3.09%	0.01%	-0.7%	Q2 2013
RTXRTX Corp	$87.7M	2.99%	0.03%	-0.3%	Q2 2020
IBMInternational Business Machines Corp	$84.8M	2.89%	0.03%	+2.3%	Q2 2013
SFBSServisFirst Bancshares, Inc.	$83.3M	2.84%	1.76%	-1.7%	Q2 2013
MSFTMicrosoft Corp	$82M	2.80%	0.00%	+2.7%	Q2 2013
QCOMQualcomm Inc	$76.3M	2.61%	0.04%	-1.1%	Q2 2013
TXNTexas Instruments Inc	$76.2M	2.60%	0.03%	-4.4%	Q1 2019
SOSouthern Co	$75.4M	2.57%	0.07%	+0.7%	Q2 2013
NEENextera Energy Inc	$75.3M	2.57%	0.04%	+0.6%	Q2 2013
CINFCincinnati Financial Corp	$73.3M	2.50%	0.26%	-0.1%	Q2 2013
CVXChevron Corp	$71.6M	2.45%	0.02%	+0.4%	Q2 2013
XOMExxonMobil Holdings Corp	$71.1M	2.43%	0.01%	-0.9%	Q2 2013
HDHome Depot, Inc.	$70.7M	2.41%	0.02%	+5.2%	Q2 2013
EMREmerson Electric Co	$66.8M	2.28%	0.08%	0.0%	Q2 2013
TFCTruist Financial Corp	$66.7M	2.28%	0.11%	+0.8%	Q4 2019
LMTLockheed Martin Corp	$66.4M	2.27%	0.06%	+2.8%	Q2 2013
MCDMcdonalds Corp	$60.8M	2.08%	0.03%	+4.5%	Q2 2013
AJGArthur J. Gallagher & Co.	$60.2M	2.06%	0.10%	+3.7%	Q2 2013
EDConsolidated Edison Inc	$59M	2.01%	0.14%	+0.7%	Q2 2013
CLColgate Palmolive Co	$58.1M	1.99%	0.08%	+1.2%	Q2 2013
PGPROCTER & GAMBLE Co	$55.6M	1.90%	0.02%	+2.5%	Q2 2013
PFEPfizer Inc	$52.8M	1.80%	0.04%	+2.2%	Q2 2013
AEPAmerican Electric Power Co Inc	$52.6M	1.80%	0.07%	+2.2%	Q2 2018
VZVerizon Communications Inc	$50.9M	1.74%	0.03%	-0.2%	Q2 2013
KMBKimberly Clark Corp	$50.7M	1.73%	0.14%	+3.3%	Q2 2013
PAYXPaychex Inc	$49.5M	1.69%	0.14%	+4.0%	Q2 2013
PEPPepsico Inc	$46.9M	1.60%	0.03%	+1.9%	Q2 2013
CATCaterpillar Inc	$40.6M	1.39%	0.01%	-2.4%	Q2 2013
NVDANvidia Corp	$34.8M	1.19%	0.00%	-1.5%	Q2 2013
AMDAdvanced Micro Devices Inc	$33.1M	1.13%	0.00%	-14.8%	Q1 2021
MUMicron Technology Inc	$32.2M	1.10%	0.00%	-22.3%	Q3 2018
KOCoca Cola Co	$22.8M	0.78%	0.01%	+2.3%	Q2 2013
GOOGLAlphabet Inc.	$22.5M	0.77%	0.00%	-0.9%	Q1 2020
LLYELI LILLY & Co	$18.1M	0.62%	0.00%	+96.9%	Q2 2013
DEDeere & Co	$17.8M	0.61%	0.01%	+3.9%	Q2 2013
PANWPalo Alto Networks Inc	$17.6M	0.60%	0.01%	+3.4%	Q3 2025
AMATApplied Materials Inc	$17.4M	0.59%	0.00%	+10.0%	Q1 2024
AMZNAmazon Com Inc	$16.6M	0.57%	0.00%	+3.3%	Q2 2016
GSGoldman Sachs Group Inc	$16.5M	0.57%	0.01%	+2.2%	Q3 2016
VVisa Inc.	$15.1M	0.52%	0.00%	+7.4%	Q4 2014
AVGOBroadcom Inc.	$13.2M	0.45%	0.00%	+4.1%	Q3 2024
TJXTJX Companies Inc	$12.1M	0.41%	0.01%	+6.5%	Q2 2013
ORCLOracle Corp	$11.6M	0.40%	0.00%	+6.2%	Q2 2013
CARRCARRIER GLOBAL Corp	$11.3M	0.38%	0.02%	+7.3%	Q3 2023
METAMeta Platforms, Inc.	$11M	0.38%	Not reported	+12.6%	Q3 2014
TGTTarget Corp	$10.9M	0.37%	0.02%	+5.2%	Q4 2016

Q1 2026Reported Apr 21, 2026253 positions
AAPLApple Inc.	$95.2M	3.58%	0.00%	-0.2%	Q2 2013
RTXRTX Corp	$89.4M	3.36%	0.03%	-7.5%	Q2 2020
CVXChevron Corp	$89M	3.34%	0.02%	+0.1%	Q2 2013
XOMExxonMobil Holdings Corp	$89M	3.34%	0.01%	-4.4%	Q2 2013
JNJJohnson & Johnson	$87.8M	3.30%	0.01%	-5.5%	Q2 2013
JPMJPMorgan Chase & Co	$81.5M	3.06%	0.01%	-1.4%	Q2 2013
ABBVAbbVie Inc.	$79.6M	2.99%	0.02%	-0.5%	Q2 2013
MSFTMicrosoft Corp	$79.3M	2.98%	0.00%	+3.6%	Q2 2013
NEENextera Energy Inc	$79.2M	2.98%	0.04%	-1.9%	Q2 2013
LMTLockheed Martin Corp	$76.5M	2.88%	0.06%	-4.5%	Q2 2013
SOSouthern Co	$75.6M	2.84%	0.07%	+0.5%	Q2 2013
CSCOCisco Systems, Inc.	$73.5M	2.76%	0.02%	-2.0%	Q4 2013
IBMInternational Business Machines Corp	$71.5M	2.68%	0.03%	+1.0%	Q2 2013
SFBSServisFirst Bancshares, Inc.	$71.1M	2.67%	1.79%	-2.8%	Q2 2013
MCDMcdonalds Corp	$66.8M	2.51%	0.03%	+1.3%	Q2 2013
HDHome Depot, Inc.	$62.7M	2.35%	0.02%	+3.9%	Q2 2013
CINFCincinnati Financial Corp	$62.4M	2.34%	0.25%	-0.7%	Q2 2013
TFCTruist Financial Corp	$61.1M	2.30%	0.11%	+0.4%	Q4 2019
EMREmerson Electric Co	$61.1M	2.30%	0.08%	-2.8%	Q2 2013
VZVerizon Communications Inc	$60.4M	2.27%	0.03%	+1.8%	Q2 2013
PFEPfizer Inc	$60.3M	2.27%	0.04%	+8.4%	Q2 2013
EDConsolidated Edison Inc	$59.9M	2.25%	0.15%	+0.2%	Q2 2013
AJGArthur J. Gallagher & Co.	$54.8M	2.06%	0.10%	+10.4%	Q2 2013
QCOMQualcomm Inc	$53.8M	2.02%	0.04%	+8.1%	Q2 2013
PGPROCTER & GAMBLE Co	$53.5M	2.01%	0.02%	+6.5%	Q2 2013
CLColgate Palmolive Co	$53.4M	2.01%	0.08%	+2.2%	Q2 2013
PEPPepsico Inc	$52.8M	1.98%	0.02%	+4.0%	Q2 2013
TXNTexas Instruments Inc	$51.9M	1.95%	0.03%	+1.6%	Q1 2019
AEPAmerican Electric Power Co Inc	$49.3M	1.85%	0.07%	+15.8%	Q2 2018
PAYXPaychex Inc	$44.6M	1.68%	0.14%	+19.1%	Q2 2013
KMBKimberly Clark Corp	$43.1M	1.62%	0.13%	+37.8%	Q2 2013
NVDANvidia Corp	$30.8M	1.16%	0.00%	-0.2%	Q2 2013
CATCaterpillar Inc	$27.7M	1.04%	0.01%	-3.7%	Q2 2013
KOCoca Cola Co	$20.8M	0.78%	0.01%	0.0%	Q2 2013
GOOGLAlphabet Inc.	$18.3M	0.69%	0.00%	-1.8%	Q1 2020
DEDeere & Co	$15.2M	0.57%	0.01%	+0.2%	Q2 2013
AMZNAmazon Com Inc	$14.1M	0.53%	0.00%	+3.2%	Q2 2016
AMDAdvanced Micro Devices Inc	$13.6M	0.51%	0.00%	-1.0%	Q1 2021
GSGoldman Sachs Group Inc	$13.5M	0.51%	0.01%	-2.0%	Q3 2016
VVisa Inc.	$12.4M	0.47%	0.00%	+4.7%	Q4 2014
MUMicron Technology Inc	$12.1M	0.46%	0.00%	+0.1%	Q3 2018
TJXTJX Companies Inc	$12M	0.45%	0.01%	+0.2%	Q2 2013
ORCLOracle Corp	$11M	0.41%	0.00%	+9.3%	Q2 2013
AVGOBroadcom Inc.	$10.4M	0.39%	0.00%	+0.2%	Q3 2024
METAMeta Platforms, Inc.	$9.96M	0.37%	Not reported	+5.3%	Q3 2014
TGTTarget Corp	$9.65M	0.36%	0.02%	+29.4%	Q4 2016
BXBlackstone Inc.	$9.29M	0.35%	0.01%	+20.7%	Q1 2020
MAMastercard Inc	$9.15M	0.34%	0.00%	+8.1%	Q2 2013
ABTAbbott Laboratories	$9.14M	0.34%	0.01%	+9.5%	Q2 2013
SYKStryker Corp	$8.82M	0.33%	0.01%	+6.1%	Q2 2013

Q4 2025Reported Jan 26, 2026249 positions
AAPLApple Inc.	$102M	3.94%	0.00%	-0.6%	Q2 2013
MSFTMicrosoft Corp	$100M	3.85%	0.00%	-0.2%	Q2 2013
RTXRTX Corp	$91.9M	3.54%	0.04%	-3.3%	Q2 2020
JPMJPMorgan Chase & Co	$90.6M	3.49%	0.01%	-1.5%	Q2 2013
IBMInternational Business Machines Corp	$86.5M	3.33%	0.03%	-3.1%	Q2 2013
ABBVAbbVie Inc.	$84M	3.24%	0.02%	-0.8%	Q2 2013
JNJJohnson & Johnson	$78.7M	3.03%	0.02%	-0.9%	Q2 2013
CSCOCisco Systems, Inc.	$74.4M	2.87%	0.02%	0.0%	Q4 2013
SFBSServisFirst Bancshares, Inc.	$72M	2.78%	1.84%	+2.0%	Q2 2013
NEENextera Energy Inc	$69.8M	2.69%	0.04%	-0.2%	Q2 2013
SOSouthern Co	$68M	2.62%	0.07%	+0.9%	Q2 2013
QCOMQualcomm Inc	$66.1M	2.55%	0.04%	+0.7%	Q2 2013
XOMExxonMobil Holdings Corp	$66M	2.54%	0.01%	+0.8%	Q2 2013
CVXChevron Corp	$65.5M	2.53%	0.02%	+0.7%	Q2 2013
CINFCincinnati Financial Corp	$65.2M	2.51%	0.26%	-0.8%	Q2 2013
TFCTruist Financial Corp	$65.2M	2.51%	0.10%	+0.9%	Q4 2019
MCDMcdonalds Corp	$64.9M	2.50%	0.03%	+1.2%	Q2 2013
LMTLockheed Martin Corp	$64.2M	2.47%	0.06%	+1.5%	Q2 2013
EMREmerson Electric Co	$63.6M	2.45%	0.09%	-0.6%	Q2 2013
HDHome Depot, Inc.	$63.1M	2.43%	0.02%	+2.6%	Q2 2013
AJGArthur J. Gallagher & Co.	$59.3M	2.29%	0.09%	+1.2%	Q2 2013
EDConsolidated Edison Inc	$52.5M	2.02%	0.15%	+1.1%	Q2 2013
PGPROCTER & GAMBLE Co	$49.8M	1.92%	0.02%	+0.9%	Q2 2013
PFEPfizer Inc	$49.4M	1.90%	0.03%	-0.2%	Q2 2013
CLColgate Palmolive Co	$48.5M	1.87%	0.08%	-10.6%	Q2 2013
VZVerizon Communications Inc	$48.2M	1.86%	0.03%	+1.4%	Q2 2013
PEPPepsico Inc	$46.9M	1.81%	0.02%	-1.0%	Q2 2013
TXNTexas Instruments Inc	$45.7M	1.76%	0.03%	+2.3%	Q1 2019
PAYXPaychex Inc	$45.6M	1.76%	0.11%	+0.1%	Q2 2013
AEPAmerican Electric Power Co Inc	$37.5M	1.45%	0.06%	+3868.6%	Q2 2018
NVDANvidia Corp	$33M	1.27%	0.00%	-2.9%	Q2 2013
KMBKimberly Clark Corp	$32.7M	1.26%	0.10%	-13.7%	Q2 2013
CATCaterpillar Inc	$23.3M	0.90%	0.01%	-0.2%	Q2 2013
GOOGLAlphabet Inc.	$20.3M	0.78%	0.00%	+0.2%	Q1 2020
KOCoca Cola Co	$19.1M	0.74%	0.01%	+1.7%	Q2 2013
AMZNAmazon Com Inc	$15.1M	0.58%	0.00%	+3.8%	Q2 2016
AMDAdvanced Micro Devices Inc	$14.5M	0.56%	0.00%	-5.1%	Q1 2021
GSGoldman Sachs Group Inc	$14.4M	0.55%	0.01%	-1.0%	Q3 2016
VVisa Inc.	$13.7M	0.53%	0.00%	+3.4%	Q4 2014
ORCLOracle Corp	$13.3M	0.51%	0.00%	+1.3%	Q2 2013
DEDeere & Co	$12.6M	0.48%	0.01%	+2.9%	Q2 2013
AVGOBroadcom Inc.	$11.6M	0.45%	0.00%	+1.0%	Q3 2024
TJXTJX Companies Inc	$11.5M	0.44%	0.01%	+0.9%	Q2 2013
METAMeta Platforms, Inc.	$10.9M	0.42%	Not reported	+4.2%	Q3 2014
BXBlackstone Inc.	$10.3M	0.40%	0.01%	+4.5%	Q1 2020
MUMicron Technology Inc	$10.2M	0.40%	0.00%	+653.2%	Q3 2018
ABTAbbott Laboratories	$10.2M	0.39%	0.00%	+4.8%	Q2 2013
MAMastercard Inc	$9.67M	0.37%	0.00%	+5.7%	Q2 2013
SPYSPDR S&P 500 ETF Trust	$9.05M	0.35%	Not reported	+137.2%	Q3 2015
SYKStryker Corp	$8.89M	0.34%	0.01%	+4.9%	Q2 2013

Q3 2025Reported Oct 14, 2025249 positions
MSFTMicrosoft Corp	$107M	4.19%	0.00%	+1.0%	Q2 2013
AAPLApple Inc.	$96.3M	3.76%	0.00%	+0.8%	Q2 2013
JPMJPMorgan Chase & Co	$90M	3.51%	0.01%	-0.1%	Q2 2013
RTXRTX Corp	$86.7M	3.38%	0.04%	-0.6%	Q2 2020
ABBVAbbVie Inc.	$85.8M	3.35%	0.02%	+0.9%	Q2 2013
IBMInternational Business Machines Corp	$85M	3.32%	0.03%	+0.3%	Q2 2013
SFBSServisFirst Bancshares, Inc.	$79.2M	3.09%	1.80%	+1.0%	Q2 2013
SOSouthern Co	$73.2M	2.86%	0.07%	+0.7%	Q2 2013
HDHome Depot, Inc.	$72.5M	2.83%	0.02%	+1.2%	Q2 2013
JNJJohnson & Johnson	$71.1M	2.78%	0.02%	+1.2%	Q2 2013
AJGArthur J. Gallagher & Co.	$70.2M	2.74%	0.09%	+1.1%	Q2 2013
CVXChevron Corp	$66.3M	2.59%	0.02%	+1.8%	Q2 2013
CSCOCisco Systems, Inc.	$66.1M	2.58%	0.02%	+1.0%	Q4 2013
NEENextera Energy Inc	$65.7M	2.57%	0.04%	+2.4%	Q2 2013
LMTLockheed Martin Corp	$65.2M	2.55%	0.06%	+3.0%	Q2 2013
QCOMQualcomm Inc	$63.8M	2.49%	0.04%	+2.1%	Q2 2013
MCDMcdonalds Corp	$63.7M	2.49%	0.03%	+1.8%	Q2 2013
CINFCincinnati Financial Corp	$63.6M	2.48%	0.26%	+0.4%	Q2 2013
EMREmerson Electric Co	$63.3M	2.47%	0.09%	-0.1%	Q2 2013
XOMExxonMobil Holdings Corp	$61.3M	2.39%	0.01%	+1.6%	Q2 2013
TFCTruist Financial Corp	$60M	2.34%	0.10%	+1.0%	Q4 2019
CLColgate Palmolive Co	$54.8M	2.14%	0.09%	+3.1%	Q2 2013
PGPROCTER & GAMBLE Co	$53M	2.07%	0.01%	+2.0%	Q2 2013
EDConsolidated Edison Inc	$52.5M	2.05%	0.14%	+1.7%	Q2 2013
PAYXPaychex Inc	$51.5M	2.01%	0.11%	+2.0%	Q2 2013
VZVerizon Communications Inc	$51.3M	2.00%	0.03%	+1.6%	Q2 2013
PFEPfizer Inc	$50.6M	1.98%	0.03%	+4.1%	Q2 2013
TXNTexas Instruments Inc	$47.3M	1.84%	0.03%	+1.7%	Q1 2019
KMBKimberly Clark Corp	$46.8M	1.83%	0.11%	+2.3%	Q2 2013
PEPPepsico Inc	$46.4M	1.81%	0.02%	-9.3%	Q2 2013
GISGeneral Mills Inc	$41.5M	1.62%	0.15%	+5.7%	Q2 2013
NVDANvidia Corp	$34M	1.33%	0.00%	-1.0%	Q2 2013
CATCaterpillar Inc	$19.4M	0.76%	0.01%	+2.7%	Q2 2013
ORCLOracle Corp	$19M	0.74%	0.00%	+2.3%	Q2 2013
KOCoca Cola Co	$17.8M	0.70%	0.01%	+3.8%	Q2 2013
GOOGLAlphabet Inc.	$15.7M	0.61%	0.00%	+0.7%	Q1 2020
AMZNAmazon Com Inc	$13.8M	0.54%	0.00%	+3.5%	Q2 2016
GSGoldman Sachs Group Inc	$13.1M	0.51%	0.01%	+0.6%	Q3 2016
VVisa Inc.	$12.9M	0.50%	0.00%	+6.9%	Q4 2014
DEDeere & Co	$12M	0.47%	0.01%	+2.7%	Q2 2013
METAMeta Platforms, Inc.	$11.6M	0.45%	Not reported	+1.1%	Q3 2014
AMDAdvanced Micro Devices Inc	$11.5M	0.45%	0.00%	+1.7%	Q1 2021
AVGOBroadcom Inc.	$11M	0.43%	0.00%	+2.1%	Q3 2024
BXBlackstone Inc.	$10.9M	0.43%	0.01%	+2.2%	Q1 2020
TJXTJX Companies Inc	$10.8M	0.42%	0.01%	+3.5%	Q2 2013
ABTAbbott Laboratories	$10.4M	0.41%	0.00%	+3.5%	Q2 2013
MAMastercard Inc	$9.11M	0.36%	0.00%	+3.3%	Q2 2013
SYKStryker Corp	$8.91M	0.35%	0.01%	+10.9%	Q2 2013
VMCVulcan Materials CO	$8.57M	0.33%	0.02%	-0.5%	Q2 2013
SHWSherwin Williams Co	$8.32M	0.32%	0.01%	+4.9%	Q2 2013

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