Welch Group, LLC Q1 2018 Filing

Filed April 23, 2018

Portfolio Value

$789.8B

Holdings

142

Report Date

Q1 2018

Filing Type

13F-HR

All Holdings (142 positions)

#StockSharesValue% PortfolioType
1
INTCIntel Corp
581,594$30.3B3.84%
2
MSFTMicrosoft Corp
301,079$27.5B3.48%
3
ABBVAbbvie Inc Com USD0.01
284,959$27.0B3.42%
4
LMTLockheed Martin Corp
78,367$26.5B3.35%
5
HDHome Depot Inc
146,775$26.2B3.31%
6
NEENextEra Energy Inc
157,624$25.7B3.26%
7
AJGGallagher Arthur J & Co
373,742$25.7B3.25%
8
CVXChevron Corporation
225,057$25.7B3.25%
9
EMREmerson Electric Co
355,939$24.3B3.08%
10
UTXZUnited Technologies Corp
191,135$24.0B3.05%
11
JNJJohnson & Johnson
184,524$23.6B2.99%
12
MMM3m Company
107,160$23.5B2.98%
13
MCDMc Donalds Corp
150,079$23.5B2.97%
14
SOThe Southern Company
524,975$23.4B2.97%
15
CINFCincinnati Financial Cp
309,979$23.0B2.91%
16
PAYXPaychex Inc
369,505$22.8B2.88%
17
XOMExxon Mobil Corporation
303,149$22.6B2.86%
18
PEPPepsico Incorporated
207,097$22.6B2.86%
19
BACVerizon Communications
471,957$22.6B2.86%
20
CLColgate-Palmolive Co
314,732$22.6B2.86%
21
TA T & T Inc New
629,045$22.4B2.84%
22
NVSNNovartis A G Spon Adr
274,588$22.2B2.81%
23
IBMIntl Business Machines
144,206$22.1B2.80%
24
EDConsolidated Edison Inc
279,983$21.8B2.76%
25
KMBKimberly-Clark Corp
194,097$21.4B2.71%
26
PGProcter & Gamble
267,722$21.2B2.69%
27
LEGLeggett & Platt Inc
475,595$21.1B2.67%
28
ULUnilever Plc Adr New
370,778$20.6B2.61%
29
GISGeneral Mills Inc
403,465$18.2B2.30%
30
R6C2Royal Dutch Shell B Adrf
255,642$16.8B2.12%
31
SFBSServisfirst Bancshares
212,890$8.7B1.10%
32
SPYS P D R TRUST Unit SR
31,630$8.3B1.05%
33
RDS/ARoyal Dutch Shell A Adrf
120,134$7.7B0.97%
34
KOCoca Cola Company
90,878$3.9B0.50%
35
AAPLApple Inc
23,194$3.9B0.49%
36
TMKTorchmark Corporation
36,819$3.1B0.39%
37
UNUSDUnilever N V Ny Shs Newf
46,816$2.6B0.33%
38
Energen Corp
37,150$2.3B0.30%
39
CSCOCisco Systems Inc
51,545$2.2B0.28%
40
PRAProassurance Corporation
43,603$2.1B0.27%
41
BACBank Of America Corp
64,829$1.9B0.25%
42
Synovus Financial Corp
35,554$1.8B0.22%
43
PFEPfizer Incorporated
49,237$1.7B0.22%
44
JPMJP Morgan Chase & Co
15,574$1.7B0.22%
45
Berkshire Hathaway Cl B
7,808$1.6B0.20%
46
CATCaterpillar Inc
9,407$1.4B0.18%
47
Dowdupont Inc
21,384$1.4B0.17%
48
EPDEnterprise Prd Prtnrs Lp
43,158$1.1B0.13%
49
ABTAbbott Laboratories
16,557$992.0M0.13%
50
VMCVulcan Materials Company
8,592$981.0M0.12%
51
Streettracks Gold TRUST
7,756$976.0M0.12%
52
WFCWells Fargo & Co New
17,273$905.0M0.11%
53
PRFUSDPowershs RAFI Large Cap US
8,139$897.0M0.11%
54
NOCNorthrop Grumman Corp
2,570$897.0M0.11%
55
GOOGLGoogle Inc Class A
852$884.0M0.11%
56
4I1Philip Morris Intl Inc
8,634$858.0M0.11%
57
BMYBristol-Myers Squibb Co
11,230$710.0M0.09%
58
VVisa Inc Cl A
5,069$606.0M0.08%
59
OKEOneok Inc New
10,523$599.0M0.08%
60
BPBp Plc Adr
14,296$580.0M0.07%
61
AMZNAmazon Com Inc
379$549.0M0.07%
62
SLBSchlumberger Ltd
8,237$534.0M0.07%
63
YUMYum Brands Inc
6,128$522.0M0.07%
64
USBU S Bancorp Del New
10,081$509.0M0.06%
65
PSXPhillips
5,298$508.0M0.06%
66
Powershares RAFI Small/Mid Ca
6,926$505.0M0.06%
67
SYKStryker Corp
3,113$501.0M0.06%
68
DEDeere & Co
3,147$489.0M0.06%
69
DEODiageo Plc New Adr
3,573$484.0M0.06%
70
KMIKinder Morgan Inc
31,189$470.0M0.06%
71
RFRegions Financial Cp New
25,139$467.0M0.06%
72
KHCKraft Heinz Company
7,472$465.0M0.06%
73
WMTWal-Mart Stores Inc
5,214$464.0M0.06%
74
DUKDuke Energy Corp New
5,730$444.0M0.06%
75
NVDANvidia Corp
1,908$442.0M0.06%
76
GSGoldman Sachs Group Inc
1,734$437.0M0.06%
77
GILDGilead Sciences Inc
5,567$420.0M0.05%
78
MRKMerck & Co Inc
7,340$400.0M0.05%
79
BBVABanco Bilbao Vizcaya Argentin
49,286$389.0M0.05%
80
XELXcel Energy Inc
8,240$375.0M0.05%
81
WBAWalgreens Boots Alliance
5,621$368.0M0.05%
82
VWOVanguard Emerging Market
7,688$361.0M0.05%
83
DDominion Res Inc Va New
5,307$358.0M0.05%
84
RYRoyal Bk Cda Montreal
4,618$357.0M0.05%
85
MOAltria Group Inc
5,714$356.0M0.05%
86
PPGP P G Industries Inc
3,105$347.0M0.04%
87
DISDisney Walt Co
3,381$340.0M0.04%
88
METAFacebook Inc Class A
1,981$317.0M0.04%
89
SHWSherwin Williams Co
744$292.0M0.04%
90
EFAIshares Tr Msci Eafe Fd
4,060$283.0M0.04%
91
SLVIshares Silver TRUST
18,199$280.0M0.04%
92
KELKellogg Company
4,103$267.0M0.03%
93
ETEnergy Transfer Partners
16,280$264.0M0.03%
94
BBTUSDBb&T Corporation
4,965$258.0M0.03%
95
IVEIshares S&P 500 Value
2,346$257.0M0.03%
96
AXPAmerican Express Company
2,681$250.0M0.03%
97
DYHTarget Corporation
3,547$246.0M0.03%
98
NSCNorfolk Southern Corp
1,801$245.0M0.03%
99
Google Inc Class C
236$244.0M0.03%
100
MAMastercard Inc
1,387$243.0M0.03%
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