Filed: 1/23/2024ACC: 0001443095-24-000002
📋 What this filing means
WELCH GROUP, LLC filed this quarterly 13F‑HR report disclosing 228 equity positions with a total reported market value of $1.86B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
228
Positions
$1.86B
Total AUM (reported)
18.36M
Total Shares
Allocation by class
COMMON$1.86B100.0%
Portfolio Concentration
Top 3$239.68M12.9%
4–10$396.00M21.3%
11–25$711.76M38.3%
Rest$509.38M27.4%
Top 3 weight
12.9%
Top 10 weight
34.2%
Voting Authority Distribution
Total shares with voting rights: 18.36M
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
18.36M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole228
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings228
Rows:
SERVISFIRST BANCSHARES INC
SOLEShares1.30M
TypeSH
Market value$86.58M
4.66%
Sole
0.00
Shared
0.00
None
1.30M
MICROSOFT CORP
SOLEShares218.86K
TypeSH
Market value$82.30M
4.43%
Sole
0.00
Shared
0.00
None
218.86K
APPLE INC
SOLEShares367.71K
TypeSH
Market value$70.80M
3.81%
Sole
0.00
Shared
0.00
None
367.71K
HOME DEPOT INC
SOLEShares170.81K
TypeSH
Market value$59.19M
3.19%
Sole
0.00
Shared
0.00
None
170.81K
GALLAGHER ARTHUR J & CO
SOLEShares255.93K
TypeSH
Market value$57.55M
3.10%
Sole
0.00
Shared
0.00
None
255.93K
ABBVIE INC
SOLEShares368.95K
TypeSH
Market value$57.18M
3.08%
Sole
0.00
Shared
0.00
None
368.95K
INTERNATIONAL BUSINESS MACHS
SOLEShares343.85K
TypeSH
Market value$56.24M
3.03%
Sole
0.00
Shared
0.00
None
343.85K
JPMORGAN CHASE & CO
SOLEShares328.47K
TypeSH
Market value$55.87M
3.01%
Sole
0.00
Shared
0.00
None
328.47K
MCDONALDS CORP
SOLEShares186.94K
TypeSH
Market value$55.43M
2.99%
Sole
0.00
Shared
0.00
None
186.94K
SOUTHERN CO
SOLEShares777.82K
TypeSH
Market value$54.54M
2.94%
Sole
0.00
Shared
0.00
None
777.82K
QUALCOMM INC
SOLEShares372.36K
TypeSH
Market value$53.85M
2.90%
Sole
0.00
Shared
0.00
None
372.36K
CHEVRON CORP NEW
SOLEShares354.86K
TypeSH
Market value$52.93M
2.85%
Sole
0.00
Shared
0.00
None
354.86K
LOCKHEED MARTIN CORP
SOLEShares111.69K
TypeSH
Market value$50.62M
2.73%
Sole
0.00
Shared
0.00
None
111.69K
EXXON MOBIL CORP
SOLEShares504.73K
TypeSH
Market value$50.46M
2.72%
Sole
0.00
Shared
0.00
None
504.73K
COLGATE PALMOLIVE CO
SOLEShares631.89K
TypeSH
Market value$50.37M
2.71%
Sole
0.00
Shared
0.00
None
631.89K
PEPSICO INC
SOLEShares289.56K
TypeSH
Market value$49.18M
2.65%
Sole
0.00
Shared
0.00
None
289.56K
JOHNSON & JOHNSON
SOLEShares312.24K
TypeSH
Market value$48.94M
2.64%
Sole
0.00
Shared
0.00
None
312.24K
EMERSON ELEC CO
SOLEShares497.20K
TypeSH
Market value$48.39M
2.61%
Sole
0.00
Shared
0.00
None
497.20K
PAYCHEX INC
SOLEShares398.41K
TypeSH
Market value$47.45M
2.56%
Sole
0.00
Shared
0.00
None
398.41K
PROCTER AND GAMBLE CO
SOLEShares320.43K
TypeSH
Market value$46.96M
2.53%
Sole
0.00
Shared
0.00
None
320.43K
RTX CORPORATION
SOLEShares529.41K
TypeSH
Market value$44.55M
2.40%
Sole
0.00
Shared
0.00
None
529.41K
CONSOLIDATED EDISON INC
SOLEShares474.07K
TypeSH
Market value$43.13M
2.32%
Sole
0.00
Shared
0.00
None
474.07K
NEXTERA ENERGY INC
SOLEShares699.04K
TypeSH
Market value$42.46M
2.29%
Sole
0.00
Shared
0.00
None
699.04K
CINCINNATI FINL CORP
SOLEShares409.63K
TypeSH
Market value$42.38M
2.28%
Sole
0.00
Shared
0.00
None
409.63K
GENERAL MLS INC
SOLEShares615.39K
TypeSH
Market value$40.09M
2.16%
Sole
0.00
Shared
0.00
None
615.39K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SERVISFIRST BANCSHARES INCSOLE | Common | 1.30M | SH | $86.58M 4.66% | 0.00 | 0.00 | 1.30M |
MICROSOFT CORPSOLE | Common | 218.86K | SH | $82.30M 4.43% | 0.00 | 0.00 | 218.86K |
APPLE INCSOLE | Common | 367.71K | SH | $70.80M 3.81% | 0.00 | 0.00 | 367.71K |
HOME DEPOT INCSOLE | Common | 170.81K | SH | $59.19M 3.19% | 0.00 | 0.00 | 170.81K |
GALLAGHER ARTHUR J & COSOLE | Common | 255.93K | SH | $57.55M 3.10% | 0.00 | 0.00 | 255.93K |
ABBVIE INCSOLE | Common | 368.95K | SH | $57.18M 3.08% | 0.00 | 0.00 | 368.95K |
INTERNATIONAL BUSINESS MACHSSOLE | Common | 343.85K | SH | $56.24M 3.03% | 0.00 | 0.00 | 343.85K |
JPMORGAN CHASE & COSOLE | Common | 328.47K | SH | $55.87M 3.01% | 0.00 | 0.00 | 328.47K |
MCDONALDS CORPSOLE | Common | 186.94K | SH | $55.43M 2.99% | 0.00 | 0.00 | 186.94K |
SOUTHERN COSOLE | Common | 777.82K | SH | $54.54M 2.94% | 0.00 | 0.00 | 777.82K |
QUALCOMM INCSOLE | Common | 372.36K | SH | $53.85M 2.90% | 0.00 | 0.00 | 372.36K |
CHEVRON CORP NEWSOLE | Common | 354.86K | SH | $52.93M 2.85% | 0.00 | 0.00 | 354.86K |
LOCKHEED MARTIN CORPSOLE | Common | 111.69K | SH | $50.62M 2.73% | 0.00 | 0.00 | 111.69K |
EXXON MOBIL CORPSOLE | Common | 504.73K | SH | $50.46M 2.72% | 0.00 | 0.00 | 504.73K |
COLGATE PALMOLIVE COSOLE | Common | 631.89K | SH | $50.37M 2.71% | 0.00 | 0.00 | 631.89K |
PEPSICO INCSOLE | Common | 289.56K | SH | $49.18M 2.65% | 0.00 | 0.00 | 289.56K |
JOHNSON & JOHNSONSOLE | Common | 312.24K | SH | $48.94M 2.64% | 0.00 | 0.00 | 312.24K |
EMERSON ELEC COSOLE | Common | 497.20K | SH | $48.39M 2.61% | 0.00 | 0.00 | 497.20K |
PAYCHEX INCSOLE | Common | 398.41K | SH | $47.45M 2.56% | 0.00 | 0.00 | 398.41K |
PROCTER AND GAMBLE COSOLE | Common | 320.43K | SH | $46.96M 2.53% | 0.00 | 0.00 | 320.43K |
RTX CORPORATIONSOLE | Common | 529.41K | SH | $44.55M 2.40% | 0.00 | 0.00 | 529.41K |
CONSOLIDATED EDISON INCSOLE | Common | 474.07K | SH | $43.13M 2.32% | 0.00 | 0.00 | 474.07K |
NEXTERA ENERGY INCSOLE | Common | 699.04K | SH | $42.46M 2.29% | 0.00 | 0.00 | 699.04K |
CINCINNATI FINL CORPSOLE | Common | 409.63K | SH | $42.38M 2.28% | 0.00 | 0.00 | 409.63K |
GENERAL MLS INCSOLE | Common | 615.39K | SH | $40.09M 2.16% | 0.00 | 0.00 | 615.39K |
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