Filed: 4/9/2024ACC: 0001443095-24-000003
📋 What this filing means
WELCH GROUP, LLC filed this quarterly 13F‑HR report disclosing 234 equity positions with a total reported market value of $2.02B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
234
Positions
$2.02B
Total AUM (reported)
19.04M
Total Shares
Allocation by class
COMMON$2.02B100.0%
Portfolio Concentration
Top 3$234.88M11.6%
4–10$430.60M21.4%
11–25$785.19M38.9%
Rest$565.74M28.1%
Top 3 weight
11.6%
Top 10 weight
33.0%
Voting Authority Distribution
Total shares with voting rights: 19.04M
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
19.04M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole234
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings234
Rows:
MICROSOFT CORP
SOLEShares202.58K
TypeSH
Market value$85.23M
4.23%
Sole
0.00
Shared
0.00
None
202.58K
SERVISFIRST BANCSHARES INC
SOLEShares1.27M
TypeSH
Market value$84.56M
4.19%
Sole
0.00
Shared
0.00
None
1.27M
ABBVIE INC
SOLEShares357.44K
TypeSH
Market value$65.09M
3.23%
Sole
0.00
Shared
0.00
None
357.44K
HOME DEPOT INC
SOLEShares166.97K
TypeSH
Market value$64.05M
3.18%
Sole
0.00
Shared
0.00
None
166.97K
JPMORGAN CHASE & CO
SOLEShares315.04K
TypeSH
Market value$63.10M
3.13%
Sole
0.00
Shared
0.00
None
315.04K
INTERNATIONAL BUSINESS MACHS
SOLEShares324.28K
TypeSH
Market value$61.92M
3.07%
Sole
0.00
Shared
0.00
None
324.28K
APPLE INC
SOLEShares358.26K
TypeSH
Market value$61.43M
3.05%
Sole
0.00
Shared
0.00
None
358.26K
GALLAGHER ARTHUR J & CO
SOLEShares241.82K
TypeSH
Market value$60.46M
3.00%
Sole
0.00
Shared
0.00
None
241.82K
EXXON MOBIL CORP
SOLEShares514.56K
TypeSH
Market value$59.81M
2.97%
Sole
0.00
Shared
0.00
None
514.56K
QUALCOMM INC
SOLEShares353.29K
TypeSH
Market value$59.81M
2.97%
Sole
0.00
Shared
0.00
None
353.29K
CHEVRON CORP NEW
SOLEShares372.87K
TypeSH
Market value$58.82M
2.92%
Sole
0.00
Shared
0.00
None
372.87K
SOUTHERN CO
SOLEShares789.07K
TypeSH
Market value$56.61M
2.81%
Sole
0.00
Shared
0.00
None
789.07K
COLGATE PALMOLIVE CO
SOLEShares627.81K
TypeSH
Market value$56.53M
2.80%
Sole
0.00
Shared
0.00
None
627.81K
EMERSON ELEC CO
SOLEShares483.43K
TypeSH
Market value$54.83M
2.72%
Sole
0.00
Shared
0.00
None
483.43K
RTX CORPORATION
SOLEShares548.65K
TypeSH
Market value$53.51M
2.65%
Sole
0.00
Shared
0.00
None
548.65K
MCDONALDS CORP
SOLEShares186.22K
TypeSH
Market value$52.50M
2.60%
Sole
0.00
Shared
0.00
None
186.22K
PEPSICO INC
SOLEShares299.91K
TypeSH
Market value$52.49M
2.60%
Sole
0.00
Shared
0.00
None
299.91K
LOCKHEED MARTIN CORP
SOLEShares115.37K
TypeSH
Market value$52.48M
2.60%
Sole
0.00
Shared
0.00
None
115.37K
PROCTER AND GAMBLE CO
SOLEShares319.64K
TypeSH
Market value$51.86M
2.57%
Sole
0.00
Shared
0.00
None
319.64K
JOHNSON & JOHNSON
SOLEShares326.76K
TypeSH
Market value$51.69M
2.56%
Sole
0.00
Shared
0.00
None
326.76K
CINCINNATI FINL CORP
SOLEShares410.99K
TypeSH
Market value$51.03M
2.53%
Sole
0.00
Shared
0.00
None
410.99K
NEXTERA ENERGY INC
SOLEShares794.23K
TypeSH
Market value$50.76M
2.52%
Sole
0.00
Shared
0.00
None
794.23K
PAYCHEX INC
SOLEShares397.90K
TypeSH
Market value$48.86M
2.42%
Sole
0.00
Shared
0.00
None
397.90K
TRUIST FINL CORP
SOLEShares1.20M
TypeSH
Market value$46.68M
2.31%
Sole
0.00
Shared
0.00
None
1.20M
GENERAL MLS INC
SOLEShares665.04K
TypeSH
Market value$46.53M
2.31%
Sole
0.00
Shared
0.00
None
665.04K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MICROSOFT CORPSOLE | COMMON | 202.58K | SH | $85.23M 4.23% | 0.00 | 0.00 | 202.58K |
SERVISFIRST BANCSHARES INCSOLE | COMMON | 1.27M | SH | $84.56M 4.19% | 0.00 | 0.00 | 1.27M |
ABBVIE INCSOLE | COMMON | 357.44K | SH | $65.09M 3.23% | 0.00 | 0.00 | 357.44K |
HOME DEPOT INCSOLE | COMMON | 166.97K | SH | $64.05M 3.18% | 0.00 | 0.00 | 166.97K |
JPMORGAN CHASE & COSOLE | COMMON | 315.04K | SH | $63.10M 3.13% | 0.00 | 0.00 | 315.04K |
INTERNATIONAL BUSINESS MACHSSOLE | COMMON | 324.28K | SH | $61.92M 3.07% | 0.00 | 0.00 | 324.28K |
APPLE INCSOLE | COMMON | 358.26K | SH | $61.43M 3.05% | 0.00 | 0.00 | 358.26K |
GALLAGHER ARTHUR J & COSOLE | COMMON | 241.82K | SH | $60.46M 3.00% | 0.00 | 0.00 | 241.82K |
EXXON MOBIL CORPSOLE | COMMON | 514.56K | SH | $59.81M 2.97% | 0.00 | 0.00 | 514.56K |
QUALCOMM INCSOLE | COMMON | 353.29K | SH | $59.81M 2.97% | 0.00 | 0.00 | 353.29K |
CHEVRON CORP NEWSOLE | COMMON | 372.87K | SH | $58.82M 2.92% | 0.00 | 0.00 | 372.87K |
SOUTHERN COSOLE | COMMON | 789.07K | SH | $56.61M 2.81% | 0.00 | 0.00 | 789.07K |
COLGATE PALMOLIVE COSOLE | COMMON | 627.81K | SH | $56.53M 2.80% | 0.00 | 0.00 | 627.81K |
EMERSON ELEC COSOLE | COMMON | 483.43K | SH | $54.83M 2.72% | 0.00 | 0.00 | 483.43K |
RTX CORPORATIONSOLE | COMMON | 548.65K | SH | $53.51M 2.65% | 0.00 | 0.00 | 548.65K |
MCDONALDS CORPSOLE | COMMON | 186.22K | SH | $52.50M 2.60% | 0.00 | 0.00 | 186.22K |
PEPSICO INCSOLE | COMMON | 299.91K | SH | $52.49M 2.60% | 0.00 | 0.00 | 299.91K |
LOCKHEED MARTIN CORPSOLE | COMMON | 115.37K | SH | $52.48M 2.60% | 0.00 | 0.00 | 115.37K |
PROCTER AND GAMBLE COSOLE | COMMON | 319.64K | SH | $51.86M 2.57% | 0.00 | 0.00 | 319.64K |
JOHNSON & JOHNSONSOLE | COMMON | 326.76K | SH | $51.69M 2.56% | 0.00 | 0.00 | 326.76K |
CINCINNATI FINL CORPSOLE | COMMON | 410.99K | SH | $51.03M 2.53% | 0.00 | 0.00 | 410.99K |
NEXTERA ENERGY INCSOLE | COMMON | 794.23K | SH | $50.76M 2.52% | 0.00 | 0.00 | 794.23K |
PAYCHEX INCSOLE | COMMON | 397.90K | SH | $48.86M 2.42% | 0.00 | 0.00 | 397.90K |
TRUIST FINL CORPSOLE | COMMON | 1.20M | SH | $46.68M 2.31% | 0.00 | 0.00 | 1.20M |
GENERAL MLS INCSOLE | COMMON | 665.04K | SH | $46.53M 2.31% | 0.00 | 0.00 | 665.04K |
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