Filed: 7/23/2026ACC: 0001443095-26-000006
📋 What this filing means
WELCH GROUP, LLC filed this quarterly 13F‑HR report disclosing 326 equity positions with a total reported market value of $2.93B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
326
Positions
$2.93B
Total AUM (reported)
22.39M
Total Shares
Allocation by class
COM$2.73B93.2%
CL A$29.08M1.0%
MULTISECTOR BD$24.23M0.8%
CAP STK CL A$22.55M0.8%
COM CL A$15.30M0.5%
CORE S&P500 ETF$13.65M0.5%
S&P 500 ETF SHS$5.83M0.2%
Portfolio Concentration
Top 3$307.83M10.5%
4–10$595.15M20.3%
11–25$1.01B34.4%
Rest$1.02B34.8%
Top 3 weight
10.5%
Top 10 weight
30.8%
Voting Authority Distribution
Total shares with voting rights: 22.39M
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
22.39M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole326
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings326
Rows:
APPLE INC
SOLEShares372.79K
TypeSH
Market value$107.87M
3.68%
Sole
0.00
Shared
0.00
None
372.79K
CISCO SYS INC
SOLEShares906.78K
TypeSH
Market value$106.51M
3.64%
Sole
0.00
Shared
0.00
None
906.78K
ABBVIE INC
SOLEShares371.37K
TypeSH
Market value$93.45M
3.19%
Sole
0.00
Shared
0.00
None
371.37K
JPMORGAN CHASE & CO
SOLEShares276.83K
TypeSH
Market value$90.62M
3.09%
Sole
0.00
Shared
0.00
None
276.83K
JOHNSON & JOHNSON
SOLEShares356.48K
TypeSH
Market value$90.54M
3.09%
Sole
0.00
Shared
0.00
None
356.48K
RTX CORPORATION
SOLEShares461.99K
TypeSH
Market value$87.65M
2.99%
Sole
0.00
Shared
0.00
None
461.99K
INTERNATIONAL BUSINESS MACHS
SOLEShares301.43K
TypeSH
Market value$84.76M
2.89%
Sole
0.00
Shared
0.00
None
301.43K
SERVISFIRST BANCSHARES INC
SOLEShares959.73K
TypeSH
Market value$83.26M
2.84%
Sole
0.00
Shared
0.00
None
959.73K
MICROSOFT CORP
SOLEShares219.79K
TypeSH
Market value$81.99M
2.80%
Sole
0.00
Shared
0.00
None
219.79K
QUALCOMM INC
SOLEShares413.11K
TypeSH
Market value$76.34M
2.61%
Sole
0.00
Shared
0.00
None
413.11K
TEXAS INSTRS INC
SOLEShares255.51K
TypeSH
Market value$76.16M
2.60%
Sole
0.00
Shared
0.00
None
255.51K
SOUTHERN CO
SOLEShares787.84K
TypeSH
Market value$75.40M
2.57%
Sole
0.00
Shared
0.00
None
787.84K
NEXTERA ENERGY INC
SOLEShares858.20K
TypeSH
Market value$75.32M
2.57%
Sole
0.00
Shared
0.00
None
858.20K
CINCINNATI FINL CORP
SOLEShares396.01K
TypeSH
Market value$73.32M
2.50%
Sole
0.00
Shared
0.00
None
396.01K
CHEVRON CORPORATION
SOLEShares432.09K
TypeSH
Market value$71.62M
2.45%
Sole
0.00
Shared
0.00
None
432.09K
EXXON MOBIL CORP
SOLEShares519.75K
TypeSH
Market value$71.06M
2.43%
Sole
0.00
Shared
0.00
None
519.75K
HOME DEPOT INC
SOLEShares200.41K
TypeSH
Market value$70.68M
2.41%
Sole
0.00
Shared
0.00
None
200.41K
EMERSON ELEC CO
SOLEShares466.31K
TypeSH
Market value$66.75M
2.28%
Sole
0.00
Shared
0.00
None
466.31K
TRUIST FINL CORP
SOLEShares1.34M
TypeSH
Market value$66.73M
2.28%
Sole
0.00
Shared
0.00
None
1.34M
LOCKHEED MARTIN CORP
SOLEShares130.24K
TypeSH
Market value$66.35M
2.27%
Sole
0.00
Shared
0.00
None
130.24K
MCDONALDS CORP
SOLEShares224.81K
TypeSH
Market value$60.77M
2.08%
Sole
0.00
Shared
0.00
None
224.81K
GALLAGHER ARTHUR J & CO
SOLEShares262.24K
TypeSH
Market value$60.20M
2.06%
Sole
0.00
Shared
0.00
None
262.24K
CONSOLIDATED EDISON INC
SOLEShares533.03K
TypeSH
Market value$58.97M
2.01%
Sole
0.00
Shared
0.00
None
533.03K
COLGATE PALMOLIVE CO
SOLEShares634.26K
TypeSH
Market value$58.15M
1.99%
Sole
0.00
Shared
0.00
None
634.26K
PROCTER & GAMBLE CO
SOLEShares379.48K
TypeSH
Market value$55.65M
1.90%
Sole
0.00
Shared
0.00
None
379.48K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
APPLE INCSOLE | COM | 372.79K | SH | $107.87M 3.68% | 0.00 | 0.00 | 372.79K |
CISCO SYS INCSOLE | COM | 906.78K | SH | $106.51M 3.64% | 0.00 | 0.00 | 906.78K |
ABBVIE INCSOLE | COM | 371.37K | SH | $93.45M 3.19% | 0.00 | 0.00 | 371.37K |
JPMORGAN CHASE & COSOLE | COM | 276.83K | SH | $90.62M 3.09% | 0.00 | 0.00 | 276.83K |
JOHNSON & JOHNSONSOLE | COM | 356.48K | SH | $90.54M 3.09% | 0.00 | 0.00 | 356.48K |
RTX CORPORATIONSOLE | COM | 461.99K | SH | $87.65M 2.99% | 0.00 | 0.00 | 461.99K |
INTERNATIONAL BUSINESS MACHSSOLE | COM | 301.43K | SH | $84.76M 2.89% | 0.00 | 0.00 | 301.43K |
SERVISFIRST BANCSHARES INCSOLE | COM | 959.73K | SH | $83.26M 2.84% | 0.00 | 0.00 | 959.73K |
MICROSOFT CORPSOLE | COM | 219.79K | SH | $81.99M 2.80% | 0.00 | 0.00 | 219.79K |
QUALCOMM INCSOLE | COM | 413.11K | SH | $76.34M 2.61% | 0.00 | 0.00 | 413.11K |
TEXAS INSTRS INCSOLE | COM | 255.51K | SH | $76.16M 2.60% | 0.00 | 0.00 | 255.51K |
SOUTHERN COSOLE | COM | 787.84K | SH | $75.40M 2.57% | 0.00 | 0.00 | 787.84K |
NEXTERA ENERGY INCSOLE | COM | 858.20K | SH | $75.32M 2.57% | 0.00 | 0.00 | 858.20K |
CINCINNATI FINL CORPSOLE | COM | 396.01K | SH | $73.32M 2.50% | 0.00 | 0.00 | 396.01K |
CHEVRON CORPORATIONSOLE | COM | 432.09K | SH | $71.62M 2.45% | 0.00 | 0.00 | 432.09K |
EXXON MOBIL CORPSOLE | COM | 519.75K | SH | $71.06M 2.43% | 0.00 | 0.00 | 519.75K |
HOME DEPOT INCSOLE | COM | 200.41K | SH | $70.68M 2.41% | 0.00 | 0.00 | 200.41K |
EMERSON ELEC COSOLE | COM | 466.31K | SH | $66.75M 2.28% | 0.00 | 0.00 | 466.31K |
TRUIST FINL CORPSOLE | COM | 1.34M | SH | $66.73M 2.28% | 0.00 | 0.00 | 1.34M |
LOCKHEED MARTIN CORPSOLE | COM | 130.24K | SH | $66.35M 2.27% | 0.00 | 0.00 | 130.24K |
MCDONALDS CORPSOLE | COM | 224.81K | SH | $60.77M 2.08% | 0.00 | 0.00 | 224.81K |
GALLAGHER ARTHUR J & COSOLE | COM | 262.24K | SH | $60.20M 2.06% | 0.00 | 0.00 | 262.24K |
CONSOLIDATED EDISON INCSOLE | COM | 533.03K | SH | $58.97M 2.01% | 0.00 | 0.00 | 533.03K |
COLGATE PALMOLIVE COSOLE | COM | 634.26K | SH | $58.15M 1.99% | 0.00 | 0.00 | 634.26K |
PROCTER & GAMBLE COSOLE | COM | 379.48K | SH | $55.65M 1.90% | 0.00 | 0.00 | 379.48K |
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