Filed: 10/18/2023ACC: 0001443095-23-000005
📋 What this filing means
WELCH GROUP, LLC filed this quarterly 13F‑HR report disclosing 215 equity positions with a total reported market value of $1.69B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
215
Positions
$1.69B
Total AUM (reported)
18.02M
Total Shares
Allocation by class
COMMON$1.69B100.0%
Portfolio Concentration
Top 3$201.87M12.0%
4–10$379.72M22.5%
11–25$657.09M38.9%
Rest$449.19M26.6%
Top 3 weight
12.0%
Top 10 weight
34.5%
Voting Authority Distribution
Total shares with voting rights: 18.02M
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
18.02M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole215
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings215
Rows:
MICROSOFT CORP
SOLEShares223.67K
TypeSH
Market value$70.62M
4.18%
Sole
0.00
Shared
0.00
None
223.67K
SERVISFIRST BANCSHARES INC
SOLEShares1.30M
TypeSH
Market value$67.92M
4.02%
Sole
0.00
Shared
0.00
None
1.30M
APPLE INC
SOLEShares369.86K
TypeSH
Market value$63.32M
3.75%
Sole
0.00
Shared
0.00
None
369.86K
GALLAGHER ARTHUR J & CO
SOLEShares261.34K
TypeSH
Market value$59.57M
3.53%
Sole
0.00
Shared
0.00
None
261.34K
EXXON MOBIL CORP
SOLEShares497.23K
TypeSH
Market value$58.46M
3.46%
Sole
0.00
Shared
0.00
None
497.23K
CHEVRON CORP NEW
SOLEShares346.21K
TypeSH
Market value$58.38M
3.46%
Sole
0.00
Shared
0.00
None
346.21K
ABBVIE INC
SOLEShares363.48K
TypeSH
Market value$54.18M
3.21%
Sole
0.00
Shared
0.00
None
363.48K
HOME DEPOT INC
SOLEShares168.42K
TypeSH
Market value$50.89M
3.01%
Sole
0.00
Shared
0.00
None
168.42K
SOUTHERN CO
SOLEShares769.64K
TypeSH
Market value$49.81M
2.95%
Sole
0.00
Shared
0.00
None
769.64K
MCDONALDS CORP
SOLEShares183.85K
TypeSH
Market value$48.43M
2.87%
Sole
0.00
Shared
0.00
None
183.85K
INTERNATIONAL BUSINESS MACHS
SOLEShares342.07K
TypeSH
Market value$47.99M
2.84%
Sole
0.00
Shared
0.00
None
342.07K
PEPSICO INC
SOLEShares283.07K
TypeSH
Market value$47.96M
2.84%
Sole
0.00
Shared
0.00
None
283.07K
JOHNSON & JOHNSON
SOLEShares306K
TypeSH
Market value$47.66M
2.82%
Sole
0.00
Shared
0.00
None
306K
JPMORGAN CHASE & CO
SOLEShares327.76K
TypeSH
Market value$47.53M
2.82%
Sole
0.00
Shared
0.00
None
327.76K
EMERSON ELEC CO
SOLEShares488.79K
TypeSH
Market value$47.20M
2.80%
Sole
0.00
Shared
0.00
None
488.79K
PROCTER AND GAMBLE CO
SOLEShares317.08K
TypeSH
Market value$46.25M
2.74%
Sole
0.00
Shared
0.00
None
317.08K
PAYCHEX INC
SOLEShares393.19K
TypeSH
Market value$45.35M
2.69%
Sole
0.00
Shared
0.00
None
393.19K
LOCKHEED MARTIN CORP
SOLEShares109.44K
TypeSH
Market value$44.76M
2.65%
Sole
0.00
Shared
0.00
None
109.44K
COLGATE PALMOLIVE CO
SOLEShares619.14K
TypeSH
Market value$44.03M
2.61%
Sole
0.00
Shared
0.00
None
619.14K
CINCINNATI FINL CORP
SOLEShares403.82K
TypeSH
Market value$41.31M
2.45%
Sole
0.00
Shared
0.00
None
403.82K
QUALCOMM INC
SOLEShares365.30K
TypeSH
Market value$40.57M
2.40%
Sole
0.00
Shared
0.00
None
365.30K
UNILEVER PLC
SOLEShares806.45K
TypeSH
Market value$39.84M
2.36%
Sole
0.00
Shared
0.00
None
806.45K
CONSOLIDATED EDISON INC
SOLEShares464.93K
TypeSH
Market value$39.77M
2.36%
Sole
0.00
Shared
0.00
None
464.93K
KIMBERLY-CLARK CORP
SOLEShares319.26K
TypeSH
Market value$38.58M
2.29%
Sole
0.00
Shared
0.00
None
319.26K
GENERAL MLS INC
SOLEShares598.51K
TypeSH
Market value$38.30M
2.27%
Sole
0.00
Shared
0.00
None
598.51K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MICROSOFT CORPSOLE | Common | 223.67K | SH | $70.62M 4.18% | 0.00 | 0.00 | 223.67K |
SERVISFIRST BANCSHARES INCSOLE | Common | 1.30M | SH | $67.92M 4.02% | 0.00 | 0.00 | 1.30M |
APPLE INCSOLE | Common | 369.86K | SH | $63.32M 3.75% | 0.00 | 0.00 | 369.86K |
GALLAGHER ARTHUR J & COSOLE | Common | 261.34K | SH | $59.57M 3.53% | 0.00 | 0.00 | 261.34K |
EXXON MOBIL CORPSOLE | Common | 497.23K | SH | $58.46M 3.46% | 0.00 | 0.00 | 497.23K |
CHEVRON CORP NEWSOLE | Common | 346.21K | SH | $58.38M 3.46% | 0.00 | 0.00 | 346.21K |
ABBVIE INCSOLE | Common | 363.48K | SH | $54.18M 3.21% | 0.00 | 0.00 | 363.48K |
HOME DEPOT INCSOLE | Common | 168.42K | SH | $50.89M 3.01% | 0.00 | 0.00 | 168.42K |
SOUTHERN COSOLE | Common | 769.64K | SH | $49.81M 2.95% | 0.00 | 0.00 | 769.64K |
MCDONALDS CORPSOLE | Common | 183.85K | SH | $48.43M 2.87% | 0.00 | 0.00 | 183.85K |
INTERNATIONAL BUSINESS MACHSSOLE | Common | 342.07K | SH | $47.99M 2.84% | 0.00 | 0.00 | 342.07K |
PEPSICO INCSOLE | Common | 283.07K | SH | $47.96M 2.84% | 0.00 | 0.00 | 283.07K |
JOHNSON & JOHNSONSOLE | Common | 306K | SH | $47.66M 2.82% | 0.00 | 0.00 | 306K |
JPMORGAN CHASE & COSOLE | Common | 327.76K | SH | $47.53M 2.82% | 0.00 | 0.00 | 327.76K |
EMERSON ELEC COSOLE | Common | 488.79K | SH | $47.20M 2.80% | 0.00 | 0.00 | 488.79K |
PROCTER AND GAMBLE COSOLE | Common | 317.08K | SH | $46.25M 2.74% | 0.00 | 0.00 | 317.08K |
PAYCHEX INCSOLE | Common | 393.19K | SH | $45.35M 2.69% | 0.00 | 0.00 | 393.19K |
LOCKHEED MARTIN CORPSOLE | Common | 109.44K | SH | $44.76M 2.65% | 0.00 | 0.00 | 109.44K |
COLGATE PALMOLIVE COSOLE | Common | 619.14K | SH | $44.03M 2.61% | 0.00 | 0.00 | 619.14K |
CINCINNATI FINL CORPSOLE | Common | 403.82K | SH | $41.31M 2.45% | 0.00 | 0.00 | 403.82K |
QUALCOMM INCSOLE | Common | 365.30K | SH | $40.57M 2.40% | 0.00 | 0.00 | 365.30K |
UNILEVER PLCSOLE | Common | 806.45K | SH | $39.84M 2.36% | 0.00 | 0.00 | 806.45K |
CONSOLIDATED EDISON INCSOLE | Common | 464.93K | SH | $39.77M 2.36% | 0.00 | 0.00 | 464.93K |
KIMBERLY-CLARK CORPSOLE | Common | 319.26K | SH | $38.58M 2.29% | 0.00 | 0.00 | 319.26K |
GENERAL MLS INCSOLE | Common | 598.51K | SH | $38.30M 2.27% | 0.00 | 0.00 | 598.51K |
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