Welch Group, LLC Q1 2017 Filing

Filed May 2, 2017

Portfolio Value

$531.3B

Holdings

129

Report Date

Q1 2017

Filing Type

13F-HR

All Holdings (129 positions)

#StockSharesValue% PortfolioType
1
JNJJohnson & Johnson
138,611$17.3B3.25%
2
Du Pont E I De Nemour&Co
213,930$17.2B3.23%
3
HDHome Depot Inc
117,033$17.2B3.23%
4
LMTLockheed Martin Corp
64,157$17.2B3.23%
5
AJGGallagher Arthur J & Co
297,253$16.8B3.16%
6
MMM3m Company
87,098$16.7B3.14%
7
PEPPepsico Incorporated
148,677$16.6B3.13%
8
XOMExxon Mobil Corporation
200,026$16.4B3.09%
9
INTCIntel Corp
452,870$16.3B3.07%
10
PGProcter & Gamble
181,544$16.3B3.07%
11
TA T & T Inc New
388,873$16.2B3.04%
12
UTXZUnited Technologies Corp
143,744$16.1B3.04%
13
MCDMc Donalds Corp
124,154$16.1B3.03%
14
EMREmerson Electric Co
268,799$16.1B3.03%
15
ABBVAbbvie Inc Com USD0.01
245,893$16.0B3.02%
16
IBMIntl Business Machines
91,501$15.9B3.00%
17
NEENextEra Energy Inc
123,391$15.8B2.98%
18
CVXChevron Corporation
147,480$15.8B2.98%
19
LEGLeggett & Platt Inc
311,775$15.7B2.95%
20
KMBKimberly-Clark Corp
118,783$15.6B2.94%
21
EDConsolidated Edison Inc
200,615$15.6B2.93%
22
CINFCincinnati Financial Cp
215,197$15.6B2.93%
23
CLColgate-Palmolive Co
210,660$15.4B2.90%
24
PAYXPaychex Inc
261,047$15.4B2.89%
25
SOThe Southern Company
308,301$15.3B2.89%
26
BACVerizon Communications
298,664$14.6B2.74%
27
NVSNNovartis A G Spon Adr
189,563$14.1B2.65%
28
GISGeneral Mills Inc
236,252$13.9B2.62%
29
ULUnilever Plc Adr New
272,779$13.5B2.53%
30
R6C2Royal Dutch Shell B Adrf
178,456$10.0B1.88%
31
SPYS P D R TRUST Unit SR
31,576$7.4B1.40%
32
SFBSServisfirst Bancshares
150,142$5.5B1.03%
33
RDS/ARoyal Dutch Shell A Adrf
88,869$4.7B0.88%
34
UNUSDUnilever N V Ny Shs Newf
54,095$2.7B0.51%
35
KOCoca Cola Company
62,721$2.7B0.50%
36
PRAProassurance Corporation
36,473$2.2B0.41%
37
TMKTorchmark Corporation
27,522$2.1B0.40%
38
AAPLApple Inc
14,737$2.1B0.40%
39
Energen Corp
35,774$1.9B0.37%
40
Synovus Financial Corp
34,648$1.4B0.27%
41
Berkshire Hathaway Cl B
7,615$1.3B0.24%
42
CSCOCisco Systems Inc
35,360$1.2B0.22%
43
MSFTMicrosoft Corp
15,751$1.0B0.20%
44
VMCVulcan Materials Company
8,367$1.0B0.19%
45
WFCWells Fargo & Co New
15,865$883.0M0.17%
46
PRFUSDPowershs RAFI Large Cap US
8,513$872.0M0.16%
47
Streettracks Gold TRUST
7,263$862.0M0.16%
48
4I1Philip Morris Intl Inc
6,843$773.0M0.15%
49
CATCaterpillar Inc
8,235$764.0M0.14%
50
ABTAbbott Laboratories
16,419$729.0M0.14%
51
SLBSchlumberger Ltd
8,940$698.0M0.13%
52
KHCKraft Heinz Company
7,573$688.0M0.13%
53
NOCNorthrop Grumman Corp
2,570$611.0M0.11%
54
JPMJP Morgan Chase & Co
6,871$604.0M0.11%
55
BMYBristol-Myers Squibb Co
9,575$521.0M0.10%
56
MRKMerck & Co Inc
7,197$458.0M0.09%
57
DEODiageo Plc New Adr
3,836$443.0M0.08%
58
GSGoldman Sachs Group Inc
1,784$410.0M0.08%
59
SYKStryker Corp
3,109$409.0M0.08%
60
DDominion Res Inc Va New
5,185$402.0M0.08%
61
PSXPhillips
4,815$381.0M0.07%
62
Powershares RAFI Small/Mid Cap
3,165$368.0M0.07%
63
YUMYum Brands Inc
5,722$366.0M0.07%
64
GEGeneral Electric Company
12,063$359.0M0.07%
65
WMTWal-Mart Stores Inc
4,957$357.0M0.07%
66
PPGP P G Industries Inc
3,312$348.0M0.07%
67
XELXcel Energy Inc
7,750$344.0M0.06%
68
KMIKinder Morgan Inc
15,752$342.0M0.06%
69
GOOGLGoogle Inc Class A
376$319.0M0.06%
70
WBAWalgreens Boots Alliance
3,840$319.0M0.06%
71
KELKellogg Company
4,248$308.0M0.06%
72
VVisa Inc Cl A
3,370$299.0M0.06%
73
DISDisney Walt Co
2,551$289.0M0.05%
74
PFEPfizer Incorporated
8,263$283.0M0.05%
75
ALBAlbemarle Corp
2,597$274.0M0.05%
76
AMZNAmazon Com Inc
289$256.0M0.05%
77
Scana Corporation New
3,735$244.0M0.05%
78
BACBank Of America Corp
10,035$237.0M0.04%
79
SHWSherwin Williams Co
744$231.0M0.04%
80
DEDeere & Co
2,075$226.0M0.04%
81
METAFacebook Inc Class A
1,522$216.0M0.04%
82
ADPAuto Data Processing
2,103$215.0M0.04%
83
RFRegions Financial Cp New
14,210$206.0M0.04%
84
COPConocophillips
4,005$200.0M0.04%
85
GILDGilead Sciences Inc
2,857$194.0M0.04%
86
AXPAmerican Express Company
2,334$185.0M0.03%
87
MAMastercard Inc
1,625$183.0M0.03%
88
QCOMQualcomm Inc
3,037$174.0M0.03%
89
ORCLOracle Corporation
3,814$170.0M0.03%
90
BBVABanco Bilbao Vizcaya Argentina
21,905$167.0M0.03%
91
BAXBaxter International Inc
3,158$164.0M0.03%
92
ADMArcher-Daniels-Midlnd Co
3,490$161.0M0.03%
93
Google Inc Class C
192$159.0M0.03%
94
HALHalliburton Co Hldg Co
3,220$158.0M0.03%
95
YUMCYum China Holdings I
5,682$155.0M0.03%
96
COFCapital One Financial Cp
1,773$154.0M0.03%
97
TJXT J X Co. Inc
1,907$151.0M0.03%
98
BBTUSDBb&T Corporation
3,368$151.0M0.03%
99
CELGCelgene Corp
1,196$149.0M0.03%
100
Hutton Tele TRUST Unit
35,800$149.0M0.03%
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