Filed: 7/18/2023ACC: 0001443095-23-000004
📋 What this filing means
WELCH GROUP, LLC filed this quarterly 13F‑HR report disclosing 217 equity positions with a total reported market value of $1.74B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
217
Positions
$1.74B
Total AUM (reported)
17.93M
Total Shares
Allocation by class
COMMON$1.74B100.0%
Portfolio Concentration
Top 3$210.12M12.0%
4–10$375.55M21.5%
11–25$693.58M39.8%
Rest$465.17M26.7%
Top 3 weight
12.0%
Top 10 weight
33.6%
Voting Authority Distribution
Total shares with voting rights: 17.93M
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
17.93M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole217
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings217
Rows:
MICROSOFT CORP
SOLEShares228.82K
TypeSH
Market value$77.92M
4.47%
Sole
0.00
Shared
0.00
None
228.82K
APPLE INC
SOLEShares376.26K
TypeSH
Market value$72.98M
4.18%
Sole
0.00
Shared
0.00
None
376.26K
GALLAGHER ARTHUR J & CO
SOLEShares269.67K
TypeSH
Market value$59.21M
3.39%
Sole
0.00
Shared
0.00
None
269.67K
MCDONALDS CORP
SOLEShares184.73K
TypeSH
Market value$55.12M
3.16%
Sole
0.00
Shared
0.00
None
184.73K
CHEVRON CORP NEW
SOLEShares346.89K
TypeSH
Market value$54.58M
3.13%
Sole
0.00
Shared
0.00
None
346.89K
EXXON MOBIL CORP
SOLEShares507.13K
TypeSH
Market value$54.39M
3.12%
Sole
0.00
Shared
0.00
None
507.13K
SOUTHERN CO
SOLEShares761.31K
TypeSH
Market value$53.48M
3.07%
Sole
0.00
Shared
0.00
None
761.31K
SERVISFIRST BANCSHARES INC
SOLEShares1.30M
TypeSH
Market value$53.18M
3.05%
Sole
0.00
Shared
0.00
None
1.30M
HOME DEPOT INC
SOLEShares169.19K
TypeSH
Market value$52.56M
3.01%
Sole
0.00
Shared
0.00
None
169.19K
PEPSICO INC
SOLEShares281.99K
TypeSH
Market value$52.23M
2.99%
Sole
0.00
Shared
0.00
None
281.99K
LOCKHEED MARTIN CORP
SOLEShares108.61K
TypeSH
Market value$50.00M
2.87%
Sole
0.00
Shared
0.00
None
108.61K
JOHNSON & JOHNSON
SOLEShares301.42K
TypeSH
Market value$49.89M
2.86%
Sole
0.00
Shared
0.00
None
301.42K
ABBVIE INC
SOLEShares363.28K
TypeSH
Market value$48.94M
2.81%
Sole
0.00
Shared
0.00
None
363.28K
RAYTHEON TECHNOLOGIES CORP
SOLEShares493.40K
TypeSH
Market value$48.33M
2.77%
Sole
0.00
Shared
0.00
None
493.40K
PROCTER AND GAMBLE CO
SOLEShares317.53K
TypeSH
Market value$48.18M
2.76%
Sole
0.00
Shared
0.00
None
317.53K
JPMORGAN CHASE & CO
SOLEShares330.19K
TypeSH
Market value$48.02M
2.75%
Sole
0.00
Shared
0.00
None
330.19K
NEXTERA ENERGY INC
SOLEShares638.28K
TypeSH
Market value$47.36M
2.71%
Sole
0.00
Shared
0.00
None
638.28K
COLGATE PALMOLIVE CO
SOLEShares606.55K
TypeSH
Market value$46.73M
2.68%
Sole
0.00
Shared
0.00
None
606.55K
INTERNATIONAL BUSINESS MACHS
SOLEShares342.40K
TypeSH
Market value$45.82M
2.63%
Sole
0.00
Shared
0.00
None
342.40K
GENERAL MLS INC
SOLEShares584.51K
TypeSH
Market value$44.83M
2.57%
Sole
0.00
Shared
0.00
None
584.51K
EMERSON ELEC CO
SOLEShares492.70K
TypeSH
Market value$44.54M
2.55%
Sole
0.00
Shared
0.00
None
492.70K
PAYCHEX INC
SOLEShares391.36K
TypeSH
Market value$43.78M
2.51%
Sole
0.00
Shared
0.00
None
391.36K
KIMBERLY-CLARK CORP
SOLEShares313.98K
TypeSH
Market value$43.35M
2.48%
Sole
0.00
Shared
0.00
None
313.98K
UNILEVER PLC
SOLEShares804.58K
TypeSH
Market value$41.94M
2.40%
Sole
0.00
Shared
0.00
None
804.58K
QUALCOMM INC
SOLEShares351.67K
TypeSH
Market value$41.86M
2.40%
Sole
0.00
Shared
0.00
None
351.67K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MICROSOFT CORPSOLE | Common | 228.82K | SH | $77.92M 4.47% | 0.00 | 0.00 | 228.82K |
APPLE INCSOLE | Common | 376.26K | SH | $72.98M 4.18% | 0.00 | 0.00 | 376.26K |
GALLAGHER ARTHUR J & COSOLE | Common | 269.67K | SH | $59.21M 3.39% | 0.00 | 0.00 | 269.67K |
MCDONALDS CORPSOLE | Common | 184.73K | SH | $55.12M 3.16% | 0.00 | 0.00 | 184.73K |
CHEVRON CORP NEWSOLE | Common | 346.89K | SH | $54.58M 3.13% | 0.00 | 0.00 | 346.89K |
EXXON MOBIL CORPSOLE | Common | 507.13K | SH | $54.39M 3.12% | 0.00 | 0.00 | 507.13K |
SOUTHERN COSOLE | Common | 761.31K | SH | $53.48M 3.07% | 0.00 | 0.00 | 761.31K |
SERVISFIRST BANCSHARES INCSOLE | Common | 1.30M | SH | $53.18M 3.05% | 0.00 | 0.00 | 1.30M |
HOME DEPOT INCSOLE | Common | 169.19K | SH | $52.56M 3.01% | 0.00 | 0.00 | 169.19K |
PEPSICO INCSOLE | Common | 281.99K | SH | $52.23M 2.99% | 0.00 | 0.00 | 281.99K |
LOCKHEED MARTIN CORPSOLE | Common | 108.61K | SH | $50.00M 2.87% | 0.00 | 0.00 | 108.61K |
JOHNSON & JOHNSONSOLE | Common | 301.42K | SH | $49.89M 2.86% | 0.00 | 0.00 | 301.42K |
ABBVIE INCSOLE | Common | 363.28K | SH | $48.94M 2.81% | 0.00 | 0.00 | 363.28K |
RAYTHEON TECHNOLOGIES CORPSOLE | Common | 493.40K | SH | $48.33M 2.77% | 0.00 | 0.00 | 493.40K |
PROCTER AND GAMBLE COSOLE | Common | 317.53K | SH | $48.18M 2.76% | 0.00 | 0.00 | 317.53K |
JPMORGAN CHASE & COSOLE | Common | 330.19K | SH | $48.02M 2.75% | 0.00 | 0.00 | 330.19K |
NEXTERA ENERGY INCSOLE | Common | 638.28K | SH | $47.36M 2.71% | 0.00 | 0.00 | 638.28K |
COLGATE PALMOLIVE COSOLE | Common | 606.55K | SH | $46.73M 2.68% | 0.00 | 0.00 | 606.55K |
INTERNATIONAL BUSINESS MACHSSOLE | Common | 342.40K | SH | $45.82M 2.63% | 0.00 | 0.00 | 342.40K |
GENERAL MLS INCSOLE | Common | 584.51K | SH | $44.83M 2.57% | 0.00 | 0.00 | 584.51K |
EMERSON ELEC COSOLE | Common | 492.70K | SH | $44.54M 2.55% | 0.00 | 0.00 | 492.70K |
PAYCHEX INCSOLE | Common | 391.36K | SH | $43.78M 2.51% | 0.00 | 0.00 | 391.36K |
KIMBERLY-CLARK CORPSOLE | Common | 313.98K | SH | $43.35M 2.48% | 0.00 | 0.00 | 313.98K |
UNILEVER PLCSOLE | Common | 804.58K | SH | $41.94M 2.40% | 0.00 | 0.00 | 804.58K |
QUALCOMM INCSOLE | Common | 351.67K | SH | $41.86M 2.40% | 0.00 | 0.00 | 351.67K |
Page 1 of 9
…