Filed: 4/13/2023ACC: 0001443095-23-000003
📋 What this filing means
WELCH GROUP, LLC filed this quarterly 13F‑HR report disclosing 216 equity positions with a total reported market value of $1.72B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
216
Positions
$1.72B
Total AUM (reported)
17.68M
Total Shares
Allocation by class
COMMON$1.72B100.0%
Portfolio Concentration
Top 3$201.97M11.7%
4–10$378.29M22.0%
11–25$688.71M40.0%
Rest$451.20M26.2%
Top 3 weight
11.7%
Top 10 weight
33.7%
Voting Authority Distribution
Total shares with voting rights: 17.68M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
17.68M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole216
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings216
Rows:
SERVISFIRST BANCSHARES INC
SOLEShares1.33M
TypeSH
Market value$72.51M
4.22%
Sole
0.00
Shared
0.00
None
1.33M
MICROSOFT CORP
SOLEShares231.17K
TypeSH
Market value$66.65M
3.87%
Sole
0.00
Shared
0.00
None
231.17K
APPLE INC
SOLEShares380.90K
TypeSH
Market value$62.81M
3.65%
Sole
0.00
Shared
0.00
None
380.90K
ABBVIE INC
SOLEShares360.30K
TypeSH
Market value$57.42M
3.34%
Sole
0.00
Shared
0.00
None
360.30K
EXXON MOBIL CORP
SOLEShares514.64K
TypeSH
Market value$56.44M
3.28%
Sole
0.00
Shared
0.00
None
514.64K
CHEVRON CORP NEW
SOLEShares344K
TypeSH
Market value$56.13M
3.26%
Sole
0.00
Shared
0.00
None
344K
GALLAGHER ARTHUR J & CO
SOLEShares275.37K
TypeSH
Market value$52.68M
3.06%
Sole
0.00
Shared
0.00
None
275.37K
MCDONALDS CORP
SOLEShares186.34K
TypeSH
Market value$52.10M
3.03%
Sole
0.00
Shared
0.00
None
186.34K
SOUTHERN CO
SOLEShares744.72K
TypeSH
Market value$51.82M
3.01%
Sole
0.00
Shared
0.00
None
744.72K
PEPSICO INC
SOLEShares283.61K
TypeSH
Market value$51.70M
3.01%
Sole
0.00
Shared
0.00
None
283.61K
LOCKHEED MARTIN CORP
SOLEShares108.52K
TypeSH
Market value$51.30M
2.98%
Sole
0.00
Shared
0.00
None
108.52K
GENERAL MLS INC
SOLEShares594.74K
TypeSH
Market value$50.83M
2.95%
Sole
0.00
Shared
0.00
None
594.74K
HOME DEPOT INC
SOLEShares166.74K
TypeSH
Market value$49.21M
2.86%
Sole
0.00
Shared
0.00
None
166.74K
NEXTERA ENERGY INC
SOLEShares626.64K
TypeSH
Market value$48.30M
2.81%
Sole
0.00
Shared
0.00
None
626.64K
RAYTHEON TECHNOLOGIES CORP
SOLEShares491.29K
TypeSH
Market value$48.11M
2.80%
Sole
0.00
Shared
0.00
None
491.29K
PROCTER AND GAMBLE CO
SOLEShares316.19K
TypeSH
Market value$47.01M
2.73%
Sole
0.00
Shared
0.00
None
316.19K
JOHNSON & JOHNSON
SOLEShares293.66K
TypeSH
Market value$45.52M
2.65%
Sole
0.00
Shared
0.00
None
293.66K
COLGATE PALMOLIVE CO
SOLEShares598.58K
TypeSH
Market value$44.98M
2.62%
Sole
0.00
Shared
0.00
None
598.58K
PAYCHEX INC
SOLEShares385.57K
TypeSH
Market value$44.18M
2.57%
Sole
0.00
Shared
0.00
None
385.57K
CONSOLIDATED EDISON INC
SOLEShares460.59K
TypeSH
Market value$44.06M
2.56%
Sole
0.00
Shared
0.00
None
460.59K
INTERNATIONAL BUSINESS MACHS
SOLEShares335.47K
TypeSH
Market value$43.98M
2.56%
Sole
0.00
Shared
0.00
None
335.47K
CINCINNATI FINL CORP
SOLEShares389.52K
TypeSH
Market value$43.66M
2.54%
Sole
0.00
Shared
0.00
None
389.52K
QUALCOMM INC
SOLEShares337.69K
TypeSH
Market value$43.08M
2.50%
Sole
0.00
Shared
0.00
None
337.69K
JPMORGAN CHASE & CO
SOLEShares324.29K
TypeSH
Market value$42.26M
2.46%
Sole
0.00
Shared
0.00
None
324.29K
EMERSON ELEC CO
SOLEShares484.59K
TypeSH
Market value$42.23M
2.45%
Sole
0.00
Shared
0.00
None
484.59K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SERVISFIRST BANCSHARES INCSOLE | Common | 1.33M | SH | $72.51M 4.22% | 0.00 | 0.00 | 1.33M |
MICROSOFT CORPSOLE | Common | 231.17K | SH | $66.65M 3.87% | 0.00 | 0.00 | 231.17K |
APPLE INCSOLE | Common | 380.90K | SH | $62.81M 3.65% | 0.00 | 0.00 | 380.90K |
ABBVIE INCSOLE | Common | 360.30K | SH | $57.42M 3.34% | 0.00 | 0.00 | 360.30K |
EXXON MOBIL CORPSOLE | Common | 514.64K | SH | $56.44M 3.28% | 0.00 | 0.00 | 514.64K |
CHEVRON CORP NEWSOLE | Common | 344K | SH | $56.13M 3.26% | 0.00 | 0.00 | 344K |
GALLAGHER ARTHUR J & COSOLE | Common | 275.37K | SH | $52.68M 3.06% | 0.00 | 0.00 | 275.37K |
MCDONALDS CORPSOLE | Common | 186.34K | SH | $52.10M 3.03% | 0.00 | 0.00 | 186.34K |
SOUTHERN COSOLE | Common | 744.72K | SH | $51.82M 3.01% | 0.00 | 0.00 | 744.72K |
PEPSICO INCSOLE | Common | 283.61K | SH | $51.70M 3.01% | 0.00 | 0.00 | 283.61K |
LOCKHEED MARTIN CORPSOLE | Common | 108.52K | SH | $51.30M 2.98% | 0.00 | 0.00 | 108.52K |
GENERAL MLS INCSOLE | Common | 594.74K | SH | $50.83M 2.95% | 0.00 | 0.00 | 594.74K |
HOME DEPOT INCSOLE | Common | 166.74K | SH | $49.21M 2.86% | 0.00 | 0.00 | 166.74K |
NEXTERA ENERGY INCSOLE | Common | 626.64K | SH | $48.30M 2.81% | 0.00 | 0.00 | 626.64K |
RAYTHEON TECHNOLOGIES CORPSOLE | Common | 491.29K | SH | $48.11M 2.80% | 0.00 | 0.00 | 491.29K |
PROCTER AND GAMBLE COSOLE | Common | 316.19K | SH | $47.01M 2.73% | 0.00 | 0.00 | 316.19K |
JOHNSON & JOHNSONSOLE | Common | 293.66K | SH | $45.52M 2.65% | 0.00 | 0.00 | 293.66K |
COLGATE PALMOLIVE COSOLE | Common | 598.58K | SH | $44.98M 2.62% | 0.00 | 0.00 | 598.58K |
PAYCHEX INCSOLE | Common | 385.57K | SH | $44.18M 2.57% | 0.00 | 0.00 | 385.57K |
CONSOLIDATED EDISON INCSOLE | Common | 460.59K | SH | $44.06M 2.56% | 0.00 | 0.00 | 460.59K |
INTERNATIONAL BUSINESS MACHSSOLE | Common | 335.47K | SH | $43.98M 2.56% | 0.00 | 0.00 | 335.47K |
CINCINNATI FINL CORPSOLE | Common | 389.52K | SH | $43.66M 2.54% | 0.00 | 0.00 | 389.52K |
QUALCOMM INCSOLE | Common | 337.69K | SH | $43.08M 2.50% | 0.00 | 0.00 | 337.69K |
JPMORGAN CHASE & COSOLE | Common | 324.29K | SH | $42.26M 2.46% | 0.00 | 0.00 | 324.29K |
EMERSON ELEC COSOLE | Common | 484.59K | SH | $42.23M 2.45% | 0.00 | 0.00 | 484.59K |
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