Welch Group, LLC — 13F Holdings & Portfolio

CIK 1443095 · latest 13F-HR filed 2026-07-23

Welch Group, LLC manages $2.93B in 13F-reported U.S. long-equity assets across 326 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AAPL (3.68%), CSCO (3.64%), ABBV (3.19%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 23 new positions, exited 11, added to 172, and trimmed 53.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
3940 MONTCLAIR ROAD, FIFTH FLOOR
BIRMINGHAM, AL 35213
Phone
(205) 879-5001
Filing Manager
Welch Group, LLC
BIRMINGHAM, AL
Signatory
Brent Gillis
Chief Compliance Officer
Loading holdings…
AUM

$2.93B

Long-equity book

Holdings

326

Distinct positions

Period

2026-06-30

Filed 2026-07-23

Q/Q Activity

+23 / −11 / ↑172 / ↓53

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • CISCO SYS INC$33.0M +45.0%
  • TEXAS INSTRS INC$24.3M +46.8%
  • QUALCOMM INC$22.6M +42.0%
  • MICRON TECHNOLOGY INC$20.1M +165.5%
  • ADVANCED MICRO DEVICES INC$19.5M +143.2%
Show all 172

Top Trims

  • EXXON MOBIL CORP-$17.9M -20.1%
  • CHEVRON CORPORATION-$17.4M -19.6%
  • LOCKHEED MARTIN CORP-$10.2M -13.3%
  • VERIZON COMMUNICATIONS INC-$9.6M -15.8%
  • ABBOTT LABORATORIES-$7.7M -84.6%
Show all 53

New Positions

  • HONEYWELL AEROSPACE INC$837.0K
  • MARVELL TECHNOLOGY INC$530.2K
  • SPACE EXPLORATION TECHN CORP$345.3K
  • ASML HLDG NV$286.5K
  • DELTA AIR LINES INC$276.5K
Show all 23

Exited Positions

  • HONEYWELL INTL INC$1.7M
  • PROASSURANCE CORP$361.4K
  • VANGUARD INDEX FDS$280.9K
  • BOSTON SCIENTIFIC CORP$269.0K
  • KINROSS GOLD CORP$259.4K
Show all 11
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 APPLE INC AAPL 037833100 $107.9M 3.68% 372,791 SH
2 CISCO SYS INC CSCO 17275R102 $106.5M 3.64% 906,782 SH
3 ABBVIE INC ABBV 00287Y109 $93.5M 3.19% 371,366 SH
4 JPMORGAN CHASE & CO JPM 46625H100 $90.6M 3.09% 276,835 SH
5 JOHNSON & JOHNSON JNJ 478160104 $90.5M 3.09% 356,484 SH
6 RTX CORPORATION RTX 75513E101 $87.7M 2.99% 461,989 SH
7 INTERNATIONAL BUSINESS MACHS IBM 459200101 $84.8M 2.89% 301,425 SH
8 SERVISFIRST BANCSHARES INC SFBS 81768T108 $83.3M 2.84% 959,733 SH
9 MICROSOFT CORP MSFT 594918104 $82.0M 2.80% 219,788 SH
10 QUALCOMM INC QCOM 747525103 $76.3M 2.61% 413,112 SH
11 TEXAS INSTRS INC TXN 882508104 $76.2M 2.60% 255,512 SH
12 SOUTHERN CO SO 842587107 $75.4M 2.57% 787,841 SH
13 NEXTERA ENERGY INC NEE 65339F101 $75.3M 2.57% 858,202 SH
14 CINCINNATI FINL CORP CINF 172062101 $73.3M 2.50% 396,011 SH
15 CHEVRON CORPORATION CVX 166764100 $71.6M 2.45% 432,091 SH
16 EXXON MOBIL CORP XOM 30231G102 $71.1M 2.43% 519,749 SH
17 HOME DEPOT INC HD 437076102 $70.7M 2.41% 200,409 SH
18 EMERSON ELEC CO EMR 291011104 $66.8M 2.28% 466,315 SH
19 TRUIST FINL CORP TFC 89832Q109 $66.7M 2.28% 1,339,362 SH
20 LOCKHEED MARTIN CORP LMT 539830109 $66.4M 2.27% 130,241 SH
21 MCDONALDS CORP MCD 580135101 $60.8M 2.08% 224,805 SH
22 GALLAGHER ARTHUR J & CO AJG 363576109 $60.2M 2.06% 262,241 SH
23 CONSOLIDATED EDISON INC ED 209115104 $59.0M 2.01% 533,029 SH
24 COLGATE PALMOLIVE CO CL 194162103 $58.1M 1.99% 634,264 SH
25 PROCTER & GAMBLE CO PG 742718109 $55.6M 1.90% 379,476 SH
26 PFIZER INC PFE 717081103 $52.8M 1.80% 2,194,625 SH
27 AMERICAN ELEC PWR CO INC AEP 025537101 $52.6M 1.80% 384,533 SH
28 VERIZON COMMUNICATIONS INC VZ 92343V104 $50.9M 1.74% 1,201,159 SH
29 KIMBERLY-CLARK CORP KMB 494368103 $50.7M 1.73% 461,771 SH
30 PAYCHEX INC PAYX 704326107 $49.5M 1.69% 503,577 SH
31 PEPSICO INC PEP 713448108 $46.9M 1.60% 346,274 SH
32 CATERPILLAR INC CAT 149123101 $40.6M 1.39% 38,163 SH
33 NVIDIA CORPORATION NVDA 67066G104 $34.8M 1.19% 174,029 SH
34 ADVANCED MICRO DEVICES INC AMD 007903107 $33.1M 1.13% 57,015 SH
35 MICRON TECHNOLOGY INC MU 595112103 $32.2M 1.10% 27,937 SH
36 PIMCO ETF TR PYLD 72201R585 $24.2M 0.83% 913,614 SH
37 COCA COLA CO KO 191216100 $22.8M 0.78% 279,984 SH
38 ALPHABET INC GOOGL 02079K305 $22.5M 0.77% 63,087 SH
39 ELI LILLY & CO LLY 532457108 $18.1M 0.62% 15,064 SH
40 DEERE & CO DE 244199105 $17.8M 0.61% 28,119 SH
41 PALO ALTO NETWORKS INC PANW 697435105 $17.6M 0.60% 51,532 SH
42 APPLIED MATLS INC AMAT 038222105 $17.4M 0.59% 24,074 SH
43 AMAZON COM INC AMZN 023135106 $16.6M 0.57% 69,670 SH
44 GOLDMAN SACHS GROUP INC GS 38141G104 $16.5M 0.57% 16,363 SH
45 VISA INC V 92826C839 $15.1M 0.52% 44,021 SH
46 ISHARES TR IVV 464287200 $13.7M 0.47% 18,233 SH
47 BROADCOM INC AVGO 11135F101 $13.2M 0.45% 35,018 SH
48 TJX COS INC NEW TJX 872540109 $12.1M 0.41% 80,148 SH
49 ORACLE CORP ORCL 68389X105 $11.6M 0.40% 79,270 SH
50 CARRIER GLOBAL CORPORATION CARR 14448C104 $11.3M 0.38% 153,645 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-23 $2.93B 326 0001443095-26-000006
2026-03-31 2026-04-21 $2.66B 310 0001443095-26-000004
2025-12-31 2026-01-26 $2.59B 309 0001443095-26-000001