Welch Group, LLC Top Holdings and 13F Report (2024)

About Welch Group, LLC

Investment Activity

Welch Group, LLC has $2.66 billion in total holdings as of June 30, 2024.
Welch Group, LLC owns shares of 308 different stocks, but just 33 companies or ETFs make up 80% of its holdings.
Approximately 3.71% of the portfolio was purchased this quarter.
About 2.64% of the portfolio was sold this quarter.
This quarter, Welch Group, LLC has purchased 307 new stocks and bought additional shares in 91 stocks.
Welch Group, LLC sold shares of 92 stocks and completely divested from 22 stocks this quarter.

Largest Holdings

Apple: $95,225,060
RTX: $89,379,295
Chevron: $89,031,640
ExxonMobil: $88,966,785
Johnson & Johnson: $87,755,662

Largest New Holdings this Quarter

72348N109 - PINNACLE FINL PARTNERS INC: $2,730,811 Holding
084670108 - Berkshire Hathaway: $718,140 Holding
219350105 - Corning: $686,785 Holding
880770102 - Teradyne: $306,244 Holding
82889N657 - Simplify Short Term Treasury Futures Strategy ETF: $269,196 Holding

Largest Purchases this Quarter

KIMBERLY-CLARK CORP: 122,577 shares (about $11.82M)
Paychex: 77,646 shares (about $7.15M)
Applied Materials: 19,963 shares (about $6.82M)
American Electric Power: 51,267 shares (about $6.72M)
Arthur J. Gallagher & Co.: 23,787 shares (about $5.15M)

Largest Sales this Quarter

RTX: 37,497 shares (about $7.23M)
Consumer Staples Select Sector SPDR Fund: 79,682 shares (about $6.53M)
SPDR S&P 500 ETF Trust: 7,968 shares (about $5.18M)
Johnson & Johnson: 21,073 shares (about $5.15M)
ExxonMobil: 23,963 shares (about $4.07M)

Sector Allocation Over Time

Selling

Neutral

Buying

Latest 13F Holdings and Changes Since Previous Quarterly Filing

Issuer Name	Holdings Value	Approximate Purchase/Sale	Change in Shares	Shares Held	% of Portfolio	Sector
AAPL Apple	$95,225,060	$164,710 â–¼	-0.2%	375,212	3.6%	Computer and Technology
RTX RTX	$89,379,295	$7,233,175 â–¼	-7.5%	463,345	3.4%	Aerospace
CVX Chevron	$89,031,640	$67,656 â–²	0.1%	430,312	3.3%	Energy
XOM ExxonMobil	$88,966,785	$4,065,561 â–¼	-4.4%	524,383	3.3%	Energy
JNJ Johnson & Johnson	$87,755,662	$5,151,084 â–¼	-5.5%	359,007	3.3%	Medical
JPM JPMorgan Chase & Co.	$81,483,573	$1,186,937 â–¼	-1.4%	277,004	3.1%	Finance
ABBV AbbVie	$79,586,827	$361,904 â–¼	-0.5%	365,933	3.0%	Medical
MSFT Microsoft	$79,261,861	$2,754,803 â–²	3.6%	214,123	3.0%	Computer and Technology
NEE NextEra Energy	$79,220,493	$1,531,312 â–¼	-1.9%	852,934	3.0%	Utilities
LMT Lockheed Martin	$76,549,394	$3,643,252 â–¼	-4.5%	126,656	2.9%	Aerospace
SO Southern	$75,554,948	$340,812 â–²	0.5%	782,791	2.8%	Utilities
CSCO Cisco Systems	$73,474,214	$1,474,520 â–¼	-2.0%	946,955	2.8%	Computer and Technology
IBM International Business Machines	$71,457,148	$705,113 â–²	1.0%	294,802	2.7%	Computer and Technology
SERVISFIRST BANCSHARES INC	$71,077,065	$2,008,069 â–¼	-2.7%	975,931	2.7%	COMMON
MCD McDonald's	$66,842,959	$884,199 â–²	1.3%	215,074	2.5%	Retail/Wholesale
HD Home Depot	$62,659,333	$2,328,536 â–²	3.9%	190,518	2.4%	Retail/Wholesale
CINF Cincinnati Financial	$62,387,901	$407,222 â–¼	-0.6%	396,491	2.3%	Finance
TFC Truist Financial	$61,101,625	$234,447 â–²	0.4%	1,329,163	2.3%	Finance
EMR Emerson Electric	$61,092,315	$1,741,126 â–¼	-2.8%	466,282	2.3%	Industrials
VZ Verizon Communications	$60,433,760	$1,085,926 â–²	1.8%	1,203,860	2.3%	Computer and Technology
PFE Pfizer	$60,318,389	$4,647,605 â–²	8.3%	2,148,091	2.3%	Medical
ED Consolidated Edison	$59,883,103	$104,918 â–²	0.2%	529,096	2.2%	Utilities
AJG Arthur J. Gallagher & Co.	$54,797,324	$5,151,787 â–²	10.4%	253,012	2.1%	Finance
QCOM Qualcomm	$53,777,996	$4,016,904 â–²	8.1%	417,596	2.0%	Computer and Technology
PG Procter & Gamble	$53,493,987	$3,251,203 â–²	6.5%	370,354	2.0%	Consumer Staples
CL Colgate-Palmolive	$53,424,535	$1,163,560 â–²	2.2%	626,828	2.0%	Consumer Staples
PEP PepsiCo	$52,795,333	$2,052,157 â–²	4.0%	339,979	2.0%	Consumer Staples
TXN Texas Instruments	$51,892,154	$808,206 â–²	1.6%	267,292	1.9%	Computer and Technology
AEP American Electric Power	$49,345,286	$6,720,073 â–²	15.8%	376,452	1.9%	Utilities
PAYX Paychex	$44,627,394	$7,152,757 â–²	19.1%	484,448	1.7%	Computer and Technology
KIMBERLY-CLARK CORP	$43,127,280	$11,824,998 â–²	37.8%	447,054	1.6%	COMMON
NVDA NVIDIA	$30,812,052	$265,436 â–¼	-0.9%	176,675	1.2%	Computer and Technology
CAT Caterpillar	$27,706,668	$1,076,159 â–¼	-3.7%	39,108	1.0%	Industrials
KO CocaCola	$20,813,727	$4,183 â–¼	0.0%	273,685	0.8%	Consumer Staples
PYLD PIMCO Multi Sector Bond Active ETF	$19,882,595	$625,053 â–²	3.2%	758,878	0.7%	ETF
GOOGL Alphabet	$18,302,846	$329,255 â–¼	-1.8%	63,649	0.7%	Computer and Technology
DE Deere & Company	$15,243,533	$27,039 â–²	0.2%	27,061	0.6%	Industrials
AMZN Amazon.com	$14,050,785	$430,704 â–²	3.2%	67,464	0.5%	Retail/Wholesale
AMD Advanced Micro Devices	$13,619,807	$136,501 â–¼	-1.0%	66,951	0.5%	Computer and Technology
GS The Goldman Sachs Group	$13,541,109	$280,027 â–¼	-2.0%	16,006	0.5%	Finance
V Visa	$12,995,648	$557,328 â–²	4.5%	42,998	0.5%	Business Services
MU Micron Technology	$12,147,628	$15,203 â–²	0.1%	35,957	0.5%	Computer and Technology
TJX TJX Companies	$12,018,503	$25,392 â–²	0.2%	75,257	0.5%	Retail/Wholesale
IVV iShares Core S&P 500 ETF	$11,922,641	$579,410 â–¼	-4.6%	18,252	0.4%	ETF
ORCL Oracle	$10,976,846	$931,348 â–²	9.3%	74,617	0.4%	Computer and Technology
AVGO Broadcom	$10,410,192	$20,737 â–²	0.2%	33,634	0.4%	Computer and Technology
META Meta Platforms	$9,959,163	$504,624 â–²	5.3%	17,407	0.4%	Computer and Technology
TGT Target	$9,652,353	$2,194,929 â–²	29.4%	79,640	0.4%	Retail/Wholesale
BX Blackstone	$9,288,053	$1,589,616 â–²	20.6%	80,773	0.3%	Finance
MA Mastercard	$9,146,378	$685,041 â–²	8.1%	18,305	0.3%	Business Services
ABT Abbott Laboratories	$9,136,690	$791,174 â–²	9.5%	88,991	0.3%	Medical
SYK Stryker	$8,822,020	$509,645 â–²	6.1%	26,848	0.3%	Medical
SHW Sherwin-Williams	$8,623,315	$487,229 â–²	6.0%	26,902	0.3%	Basic Materials
CARR Carrier Global	$8,062,387	$967,009 â–²	13.6%	143,179	0.3%	Construction
PANW Palo Alto Networks	$7,990,510	$1,393,502 â–²	21.1%	49,841	0.3%	Computer and Technology
VMC Vulcan Materials	$7,486,063		0.0%	27,492	0.3%	Construction
AMAT Applied Materials	$7,478,813	$6,823,250 â–²	1,040.8%	21,881	0.3%	Computer and Technology
LLY Eli Lilly and Company	$7,035,336	$34,032 â–¼	-0.5%	7,649	0.3%	Medical
GL Globe Life	$6,466,044	$57,617 â–¼	-0.9%	46,461	0.2%	Finance
TSLA Tesla	$6,216,039	$5,021,977 â–²	420.6%	16,721	0.2%	Auto/Tires/Trucks
WALMART INC	$6,200,193	$126,020 â–¼	-2.0%	49,889	0.2%	COMMON
AXP American Express	$5,719,292	$4,840 â–²	0.1%	18,908	0.2%	Finance
VOO Vanguard S&P 500 ETF	$5,243,786	$715,306 â–¼	-12.0%	8,775	0.2%	ETF
AFL Aflac	$4,973,788	$910,479 â–¼	-15.5%	45,336	0.2%	Finance
GLDM SPDR Gold MiniShares Trust	$4,590,102	$2,639,904 â–²	135.4%	49,521	0.2%	Finance
MRK Merck & Co., Inc.	$4,424,622	$276,907 â–²	6.7%	36,783	0.2%	Medical
NSC Norfolk Southern	$4,162,285	$3,266,000 â–²	364.4%	14,503	0.2%	Transportation
RF Regions Financial	$3,924,146	$72,170 â–²	1.9%	150,235	0.1%	Finance
GLD SPDR Gold Shares	$3,902,731	$244,835 â–¼	-5.9%	9,070	0.1%	Finance
VGSH Vanguard Short-Term Treasury ETF	$3,883,224	$170,350 â–²	4.6%	66,335	0.1%	ETF
GOOG Alphabet	$3,760,941	$10,900 â–²	0.3%	13,111	0.1%	Computer and Technology
PM Philip Morris International	$3,549,220	$51,917 â–¼	-1.4%	21,466	0.1%	Consumer Staples
SPY SPDR S&P 500 ETF Trust	$3,444,801	$5,181,834 â–¼	-60.1%	5,297	0.1%	Finance
QQQ Invesco QQQ	$2,901,130	$405,212 â–²	16.2%	5,026	0.1%	Finance
MOD Modine Manufacturing	$2,817,230		0.0%	13,000	0.1%	Auto/Tires/Trucks
MO Altria Group	$2,787,454	$2,970 â–²	0.1%	42,241	0.1%	Consumer Staples
PINNACLE FINL PARTNERS INC	$2,730,811	$2,730,811 â–²	New Holding	31,702	0.1%	COMMON
T AT&T	$2,515,672	$52,095 â–¼	-2.0%	86,777	0.1%	Computer and Technology
MLI Mueller Industries	$2,437,600		0.0%	22,000	0.1%	Industrials
SHY iShares 1-3 Year Treasury Bond ETF	$2,432,724	$1,333,568 â–¼	-35.4%	29,463	0.1%	Manufacturing
WELL Welltower	$2,121,627		0.0%	10,731	0.1%	Finance
COST Costco Wholesale	$2,021,769	$256,084 â–¼	-11.2%	2,029	0.1%	Retail/Wholesale
BK BNY	$2,009,118		0.0%	16,936	0.1%	Finance
WFC Wells Fargo & Company	$1,910,913	$557 â–²	0.0%	24,003	0.1%	Finance
NOC Northrop Grumman	$1,889,805	$31,383 â–¼	-1.6%	2,770	0.1%	Aerospace
WM Waste Management	$1,887,881	$22,978 â–¼	-1.2%	8,216	0.1%	Business Services
CR Crane	$1,881,000		0.0%	11,000	0.1%	Industrials
RSG Republic Services	$1,779,100		0.0%	8,123	0.1%	Business Services
GGG Graco	$1,748,277		0.0%	20,653	0.1%	Industrials
HON Honeywell International	$1,713,082		0.0%	7,579	0.1%	Multi-Sector Conglomerates
DUK Duke Energy	$1,676,958	$73,720 â–¼	-4.2%	12,807	0.1%	Utilities
AON AON	$1,661,672		0.0%	5,148	0.1%	Finance
PALANTIR TECHNOLOGIES INC	$1,609,373	$826,629 â–²	105.6%	11,002	0.1%	COMMON
WTS Watts Water Technologies	$1,567,566		0.0%	5,400	0.1%	Computer and Technology
COP ConocoPhillips	$1,523,070	$16,501 â–¼	-1.1%	11,538	0.1%	Energy
BAC Bank of America	$1,487,409	$29,640 â–¼	-2.0%	30,511	0.1%	Finance
SLV iShares Silver Trust	$1,484,839	$370,614 â–¼	-20.0%	21,791	0.1%	ETF
VTI Vanguard Total Stock Market ETF	$1,474,048	$206,912 â–²	16.3%	4,595	0.1%	ETF
IEI iShares 3-7 Year Treasury Bond ETF	$1,468,851	$1,004,298 â–²	216.2%	12,385	0.1%	ETF
BBVA Banco Bilbao Viscaya Argentaria	$1,455,444	$28,201 â–¼	-1.9%	67,195	0.1%	Finance

Showing largest 100 holdings. View all holdings.

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Welch Group, LLC Top Holdings and 13F Report (2024)

About Welch Group, LLC

Investment Activity

Largest Holdings

Largest New Holdings this Quarter

Largest Purchases this Quarter

Largest Sales this Quarter

Sector Allocation Over Time

Latest 13F Holdings and Changes Since Previous Quarterly Filing

More Institutional Buying and Selling Information

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

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Welch Group, LLC Top Holdings and 13F Report (2024)

About Welch Group, LLC

Investment Activity

Largest Holdings

Largest New Holdings this Quarter

Largest Purchases this Quarter

Largest Sales this Quarter

Sector Allocation Over Time

Map of 500 Largest Holdings ofWelch Group, LLC

Latest 13F Holdings and Changes Since Previous Quarterly Filing

More Institutional Buying and Selling Information

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools