WELCH GROUP, LLC

Filed: 1/30/2023ACC: 0001443095-23-000001

📋 What this filing means

WELCH GROUP, LLC filed this quarterly 13F‑HR report disclosing 219 equity positions with a total reported market value of $1.75B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

219

Positions

$1.75B

Total AUM (reported)

18.37M

Total Shares

Allocation by class

COMMON$1.75B100.0%

Portfolio Concentration

Top 3$218.06M12.5%

4–10$381.27M21.8%

11–25$706.53M40.4%

Rest$442.20M25.3%

Top 3 weight

12.5%

Top 10 weight

34.3%

Voting Authority Distribution

Total shares with voting rights: 18.37M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

18.37M

% of voting shares100.0%

Investment Discretion (by position count)

Sole219

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings219

Rows:

SERVISFIRST BANCSHARES INC

SOLE

Common

Shares1.34M

TypeSH

Market value$92.36M

5.28%

Sole

0.00

Shared

0.00

None

1.34M

CHEVRON CORP NEW

SOLE

Common

Shares356.97K

TypeSH

Market value$64.07M

3.67%

Sole

0.00

Shared

0.00

None

356.97K

EXXON MOBIL CORP

SOLE

Common

Shares558.80K

TypeSH

Market value$61.64M

3.53%

Sole

0.00

Shared

0.00

None

558.80K

ABBVIE INC

SOLE

Common

Shares369.54K

TypeSH

Market value$59.72M

3.42%

Sole

0.00

Shared

0.00

None

369.54K

GALLAGHER ARTHUR J & CO

SOLE

Common

Shares293.41K

TypeSH

Market value$55.32M

3.16%

Sole

0.00

Shared

0.00

None

293.41K

MICROSOFT CORP

SOLE

Common

Shares230.13K

TypeSH

Market value$55.19M

3.16%

Sole

0.00

Shared

0.00

None

230.13K

LOCKHEED MARTIN CORP

SOLE

Common

Shares111.08K

TypeSH

Market value$54.04M

3.09%

Sole

0.00

Shared

0.00

None

111.08K

HOME DEPOT INC

SOLE

Common

Shares167.77K

TypeSH

Market value$52.99M

3.03%

Sole

0.00

Shared

0.00

None

167.77K

NEXTERA ENERGY INC

SOLE

Common

Shares624.84K

TypeSH

Market value$52.24M

2.99%

Sole

0.00

Shared

0.00

None

624.84K

SOUTHERN CO

SOLE

Common

Shares724.90K

TypeSH

Market value$51.77M

2.96%

Sole

0.00

Shared

0.00

None

724.90K

PEPSICO INC

SOLE

Common

Shares285.13K

TypeSH

Market value$51.51M

2.95%

Sole

0.00

Shared

0.00

None

285.13K

GENERAL MLS INC

SOLE

Common

Shares613.05K

TypeSH

Market value$51.40M

2.94%

Sole

0.00

Shared

0.00

None

613.05K

JOHNSON & JOHNSON

SOLE

Common

Shares287.15K

TypeSH

Market value$50.73M

2.90%

Sole

0.00

Shared

0.00

None

287.15K

APPLE INC

SOLE

Common

Shares387.27K

TypeSH

Market value$50.32M

2.88%

Sole

0.00

Shared

0.00

None

387.27K

RAYTHEON TECHNOLOGIES CORP

SOLE

Common

Shares495.70K

TypeSH

Market value$50.03M

2.86%

Sole

0.00

Shared

0.00

None

495.70K

MCDONALDS CORP

SOLE

Common

Shares188.88K

TypeSH

Market value$49.78M

2.85%

Sole

0.00

Shared

0.00

None

188.88K

PROCTER AND GAMBLE CO

SOLE

Common

Shares314.75K

TypeSH

Market value$47.70M

2.73%

Sole

0.00

Shared

0.00

None

314.75K

INTERNATIONAL BUSINESS MACHS

SOLE

Common

Shares332.05K

TypeSH

Market value$46.78M

2.68%

Sole

0.00

Shared

0.00

None

332.05K

EMERSON ELEC CO

SOLE

Common

Shares483K

TypeSH

Market value$46.40M

2.65%

Sole

0.00

Shared

0.00

None

483K

COLGATE PALMOLIVE CO

SOLE

Common

Shares583.53K

TypeSH

Market value$45.98M

2.63%

Sole

0.00

Shared

0.00

None

583.53K

PAYCHEX INC

SOLE

Common

Shares384.50K

TypeSH

Market value$44.43M

2.54%

Sole

0.00

Shared

0.00

None

384.50K

CONSOLIDATED EDISON INC

SOLE

Common

Shares464.21K

TypeSH

Market value$44.24M

2.53%

Sole

0.00

Shared

0.00

None

464.21K

PFIZER INC

SOLE

Common

Shares851.50K

TypeSH

Market value$43.63M

2.50%

Sole

0.00

Shared

0.00

None

851.50K

KIMBERLY-CLARK CORP

SOLE

Common

Shares310K

TypeSH

Market value$42.08M

2.41%

Sole

0.00

Shared

0.00

None

310K

JPMORGAN CHASE & CO

SOLE

Common

Shares309.58K

TypeSH

Market value$41.52M

2.37%

Sole

0.00

Shared

0.00

None

309.58K

Issuer	Class	Shares	Type	Value / Portfolio %	None
SERVISFIRST BANCSHARES INCSOLE	Common	1.34M	SH	$92.36M 5.28%	1.34M
CHEVRON CORP NEWSOLE	Common	356.97K	SH	$64.07M 3.67%	356.97K
EXXON MOBIL CORPSOLE	Common	558.80K	SH	$61.64M 3.53%	558.80K
ABBVIE INCSOLE	Common	369.54K	SH	$59.72M 3.42%	369.54K
GALLAGHER ARTHUR J & COSOLE	Common	293.41K	SH	$55.32M 3.16%	293.41K
MICROSOFT CORPSOLE	Common	230.13K	SH	$55.19M 3.16%	230.13K
LOCKHEED MARTIN CORPSOLE	Common	111.08K	SH	$54.04M 3.09%	111.08K
HOME DEPOT INCSOLE	Common	167.77K	SH	$52.99M 3.03%	167.77K
NEXTERA ENERGY INCSOLE	Common	624.84K	SH	$52.24M 2.99%	624.84K
SOUTHERN COSOLE	Common	724.90K	SH	$51.77M 2.96%	724.90K
PEPSICO INCSOLE	Common	285.13K	SH	$51.51M 2.95%	285.13K
GENERAL MLS INCSOLE	Common	613.05K	SH	$51.40M 2.94%	613.05K
JOHNSON & JOHNSONSOLE	Common	287.15K	SH	$50.73M 2.90%	287.15K
APPLE INCSOLE	Common	387.27K	SH	$50.32M 2.88%	387.27K
RAYTHEON TECHNOLOGIES CORPSOLE	Common	495.70K	SH	$50.03M 2.86%	495.70K
MCDONALDS CORPSOLE	Common	188.88K	SH	$49.78M 2.85%	188.88K
PROCTER AND GAMBLE COSOLE	Common	314.75K	SH	$47.70M 2.73%	314.75K
INTERNATIONAL BUSINESS MACHSSOLE	Common	332.05K	SH	$46.78M 2.68%	332.05K
EMERSON ELEC COSOLE	Common	483K	SH	$46.40M 2.65%	483K
COLGATE PALMOLIVE COSOLE	Common	583.53K	SH	$45.98M 2.63%	583.53K
PAYCHEX INCSOLE	Common	384.50K	SH	$44.43M 2.54%	384.50K
CONSOLIDATED EDISON INCSOLE	Common	464.21K	SH	$44.24M 2.53%	464.21K
PFIZER INCSOLE	Common	851.50K	SH	$43.63M 2.50%	851.50K
KIMBERLY-CLARK CORPSOLE	Common	310K	SH	$42.08M 2.41%	310K
JPMORGAN CHASE & COSOLE	Common	309.58K	SH	$41.52M 2.37%	309.58K

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