WELCH GROUP, LLC

Filed: 1/27/2025ACC: 0001443095-25-000001

📋 What this filing means

WELCH GROUP, LLC filed this quarterly 13F‑HR report disclosing 263 equity positions with a total reported market value of $2.22B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

263

Positions

$2.22B

Total AUM (reported)

19.42M

Total Shares

Allocation by class

COMMON$2.22B100.0%

Portfolio Concentration

Top 3$265.32M11.9%

4–10$466.23M21.0%

11–25$823.14M37.1%

Rest$665.84M30.0%

Top 3 weight

11.9%

Top 10 weight

32.9%

Voting Authority Distribution

Total shares with voting rights: 19.42M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

19.42M

% of voting shares100.0%

Investment Discretion (by position count)

Sole263

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings263

Rows:

APPLE INC

SOLE

COMMON

Shares361.30K

TypeSH

Market value$91.12M

4.10%

Sole

0.00

Shared

0.00

None

361.30K

SERVISFIRST BANCSHARES INC

SOLE

COMMON

Shares1.04M

TypeSH

Market value$88.69M

3.99%

Sole

0.00

Shared

0.00

None

1.04M

MICROSOFT CORP

SOLE

COMMON

Shares201.28K

TypeSH

Market value$85.51M

3.85%

Sole

0.00

Shared

0.00

None

201.28K

JPMORGAN CHASE & CO.

SOLE

COMMON

Shares301.07K

TypeSH

Market value$72.05M

3.24%

Sole

0.00

Shared

0.00

None

301.07K

INTERNATIONAL BUSINESS MACHS

SOLE

COMMON

Shares319.25K

TypeSH

Market value$70.31M

3.17%

Sole

0.00

Shared

0.00

None

319.25K

GALLAGHER ARTHUR J & CO

SOLE

COMMON

Shares234.21K

TypeSH

Market value$66.62M

3.00%

Sole

0.00

Shared

0.00

None

234.21K

HOME DEPOT INC

SOLE

COMMON

Shares170.17K

TypeSH

Market value$66.27M

2.98%

Sole

0.00

Shared

0.00

None

170.17K

SOUTHERN CO

SOLE

COMMON

Shares780.35K

TypeSH

Market value$64.28M

2.90%

Sole

0.00

Shared

0.00

None

780.35K

ABBVIE INC

SOLE

COMMON

Shares364.52K

TypeSH

Market value$64.23M

2.89%

Sole

0.00

Shared

0.00

None

364.52K

RTX CORPORATION

SOLE

COMMON

Shares542.10K

TypeSH

Market value$62.46M

2.81%

Sole

0.00

Shared

0.00

None

542.10K

EMERSON ELEC CO

SOLE

COMMON

Shares480.43K

TypeSH

Market value$59.70M

2.69%

Sole

0.00

Shared

0.00

None

480.43K

CINCINNATI FINL CORP

SOLE

COMMON

Shares407.10K

TypeSH

Market value$58.27M

2.62%

Sole

0.00

Shared

0.00

None

407.10K

MCDONALDS CORP

SOLE

COMMON

Shares199.40K

TypeSH

Market value$57.75M

2.60%

Sole

0.00

Shared

0.00

None

199.40K

NEXTERA ENERGY INC

SOLE

COMMON

Shares802.47K

TypeSH

Market value$57.58M

2.59%

Sole

0.00

Shared

0.00

None

802.47K

COLGATE PALMOLIVE CO

SOLE

COMMON

Shares631.62K

TypeSH

Market value$57.34M

2.58%

Sole

0.00

Shared

0.00

None

631.62K

LOCKHEED MARTIN CORP

SOLE

COMMON

Shares117.75K

TypeSH

Market value$56.92M

2.56%

Sole

0.00

Shared

0.00

None

117.75K

PAYCHEX INC

SOLE

COMMON

Shares403.80K

TypeSH

Market value$56.52M

2.55%

Sole

0.00

Shared

0.00

None

403.80K

CHEVRON CORP NEW

SOLE

COMMON

Shares394.29K

TypeSH

Market value$56.41M

2.54%

Sole

0.00

Shared

0.00

None

394.29K

PROCTER AND GAMBLE CO

SOLE

COMMON

Shares326.15K

TypeSH

Market value$54.50M

2.45%

Sole

0.00

Shared

0.00

None

326.15K

QUALCOMM INC

SOLE

COMMON

Shares351.06K

TypeSH

Market value$54.27M

2.44%

Sole

0.00

Shared

0.00

None

351.06K

EXXON MOBIL CORP

SOLE

COMMON

Shares512.13K

TypeSH

Market value$54.16M

2.44%

Sole

0.00

Shared

0.00

None

512.13K

TRUIST FINL CORP

SOLE

COMMON

Shares1.25M

TypeSH

Market value$54.10M

2.44%

Sole

0.00

Shared

0.00

None

1.25M

UNILEVER PLC

SOLE

COMMON

Shares863.80K

TypeSH

Market value$49.03M

2.21%

Sole

0.00

Shared

0.00

None

863.80K

JOHNSON & JOHNSON

SOLE

COMMON

Shares339.53K

TypeSH

Market value$48.67M

2.19%

Sole

0.00

Shared

0.00

None

339.53K

PEPSICO INC

SOLE

COMMON

Shares315.84K

TypeSH

Market value$47.92M

2.16%

Sole

0.00

Shared

0.00

None

315.84K

Issuer	Class	Shares	Type	Value / Portfolio %	None
APPLE INCSOLE	COMMON	361.30K	SH	$91.12M 4.10%	361.30K
SERVISFIRST BANCSHARES INCSOLE	COMMON	1.04M	SH	$88.69M 3.99%	1.04M
MICROSOFT CORPSOLE	COMMON	201.28K	SH	$85.51M 3.85%	201.28K
JPMORGAN CHASE & CO.SOLE	COMMON	301.07K	SH	$72.05M 3.24%	301.07K
INTERNATIONAL BUSINESS MACHSSOLE	COMMON	319.25K	SH	$70.31M 3.17%	319.25K
GALLAGHER ARTHUR J & COSOLE	COMMON	234.21K	SH	$66.62M 3.00%	234.21K
HOME DEPOT INCSOLE	COMMON	170.17K	SH	$66.27M 2.98%	170.17K
SOUTHERN COSOLE	COMMON	780.35K	SH	$64.28M 2.90%	780.35K
ABBVIE INCSOLE	COMMON	364.52K	SH	$64.23M 2.89%	364.52K
RTX CORPORATIONSOLE	COMMON	542.10K	SH	$62.46M 2.81%	542.10K
EMERSON ELEC COSOLE	COMMON	480.43K	SH	$59.70M 2.69%	480.43K
CINCINNATI FINL CORPSOLE	COMMON	407.10K	SH	$58.27M 2.62%	407.10K
MCDONALDS CORPSOLE	COMMON	199.40K	SH	$57.75M 2.60%	199.40K
NEXTERA ENERGY INCSOLE	COMMON	802.47K	SH	$57.58M 2.59%	802.47K
COLGATE PALMOLIVE COSOLE	COMMON	631.62K	SH	$57.34M 2.58%	631.62K
LOCKHEED MARTIN CORPSOLE	COMMON	117.75K	SH	$56.92M 2.56%	117.75K
PAYCHEX INCSOLE	COMMON	403.80K	SH	$56.52M 2.55%	403.80K
CHEVRON CORP NEWSOLE	COMMON	394.29K	SH	$56.41M 2.54%	394.29K
PROCTER AND GAMBLE COSOLE	COMMON	326.15K	SH	$54.50M 2.45%	326.15K
QUALCOMM INCSOLE	COMMON	351.06K	SH	$54.27M 2.44%	351.06K
EXXON MOBIL CORPSOLE	COMMON	512.13K	SH	$54.16M 2.44%	512.13K
TRUIST FINL CORPSOLE	COMMON	1.25M	SH	$54.10M 2.44%	1.25M
UNILEVER PLCSOLE	COMMON	863.80K	SH	$49.03M 2.21%	863.80K
JOHNSON & JOHNSONSOLE	COMMON	339.53K	SH	$48.67M 2.19%	339.53K
PEPSICO INCSOLE	COMMON	315.84K	SH	$47.92M 2.16%	315.84K

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