Welch Group, LLC Q1 2025 Filing

Filed April 8, 2025

Portfolio Value

$2.3T

Holdings

266

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (266 positions)

#StockSharesValue% PortfolioType
1
SFBSSERVISFIRST BANCSHARES INC
974,185$79.8B3.51%
2
AAPLAPPLE INC
360,722$78.6B3.46%
3
MSFTMICROSOFT CORP
203,897$77.2B3.40%
4
AJGGALLAGHER ARTHUR J & CO
225,825$77.0B3.38%
5
ABBVABBVIE INC
362,012$74.3B3.27%
6
IBMINTERNATIONAL BUSINESS MACHS
301,213$73.5B3.23%
7
SOSOUTHERN CO
766,450$69.8B3.07%
8
JPMJPMORGAN CHASE & CO.
284,147$69.0B3.04%
9
RTXRTX CORPORATION
522,020$68.8B3.02%
10
CVXCHEVRON CORP NEW
410,177$68.1B3.00%
11
MCDMCDONALDS CORP
203,824$62.6B2.75%
12
XOMEXXON MOBIL CORP
527,239$62.1B2.73%
13
HDHOME DEPOT INC
172,569$61.8B2.72%
14
JNJJOHNSON & JOHNSON
372,781$61.0B2.68%
15
CLCOLGATE PALMOLIVE CO
655,352$60.8B2.68%
16
PAYXPAYCHEX INC
398,409$60.2B2.65%
17
NEENEXTERA ENERGY INC
835,011$58.8B2.59%
18
CINFCINCINNATI FINL CORP
398,679$58.0B2.55%
19
CSCOCISCO SYS INC
944,561$57.5B2.53%
20
PGPROCTER AND GAMBLE CO
333,073$56.0B2.46%
21
EDCONSOLIDATED EDISON INC
513,393$55.8B2.46%
22
QCOMQUALCOMM INC
362,799$55.4B2.44%
23
LMTLOCKHEED MARTIN CORP
124,203$54.8B2.41%
24
PEPPEPSICO INC
350,706$52.3B2.30%
25
EMREMERSON ELEC CO
474,075$51.5B2.27%
26
KMBKIMBERLY-CLARK CORP
363,350$51.1B2.25%
27
BACVERIZON COMMUNICATIONS INC
1,137,904$51.1B2.25%
28
TFCTRUIST FINL CORP
1,254,371$50.8B2.23%
29
PFEPFIZER INC
1,826,932$46.1B2.03%
30
GISGENERAL MLS INC
763,572$45.1B1.99%
31
TXNTEXAS INSTRS INC
245,860$43.4B1.91%
32
NVDANVIDIA CORPORATION
179,394$19.7B0.87%
33
KOCOCA COLA CO
256,665$18.1B0.79%
34
CATCATERPILLAR INC
37,970$12.5B0.55%
35
VVISA INC
34,716$11.9B0.52%
36
DEDEERE & CO
25,125$11.7B0.51%
37
AMZNAMAZON COM INC
58,213$11.2B0.49%
38
IVVISHARES TR
17,603$9.8B0.43%
39
GOOGLALPHABET INC
61,795$9.5B0.42%
40
ABTABBOTT LABS
70,553$9.2B0.41%
41
ORCLORACLE CORP
63,107$8.9B0.39%
42
AFLAFLAC INC
79,800$8.8B0.39%
43
METAMETA PLATFORMS INC
15,098$8.7B0.38%
44
GSGOLDMAN SACHS GROUP INC
15,903$8.6B0.38%
45
BXBLACKSTONE INC
59,206$8.2B0.36%
46
TJXTJX COS INC NEW
68,904$8.1B0.36%
47
MAMASTERCARD INCORPORATED
15,002$8.1B0.36%
48
SYKSTRYKER CORPORATION
20,763$7.6B0.33%
49
SHWSHERWIN WILLIAMS CO
22,005$7.5B0.33%
50
CARRCARRIER GLOBAL CORPORATION
103,549$6.6B0.29%
51
ACNACCENTURE PLC IRELAND
21,415$6.5B0.29%
52
AMDADVANCED MICRO DEVICES INC
62,616$6.5B0.28%
53
VMCVULCAN MATLS CO
27,399$6.4B0.28%
54
GLGLOBE LIFE INC
47,705$6.2B0.27%
55
DYHTARGET CORP
53,887$5.6B0.25%
56
LLYELI LILLY & CO
6,435$5.3B0.23%
57
AXPAMERICAN EXPRESS CO
18,809$5.0B0.22%
58
AVGOBROADCOM INC
28,464$4.8B0.21%
59
WMTWALMART INC
47,134$4.0B0.18%
60
VOOVANGUARD INDEX FDS
7,604$3.9B0.17%
61
4I1PHILIP MORRIS INTL INC
21,597$3.4B0.15%
62
SYU1SYNOVUS FINL CORP
67,843$3.1B0.14%
63
RFREGIONS FINANCIAL CORP NEW
135,160$2.9B0.13%
64
MRKMERCK & CO INC
31,867$2.8B0.13%
65
VGSHVANGUARD SCOTTSDALE FDS
44,013$2.6B0.11%
66
TAT&T INC
86,351$2.4B0.11%
67
MOALTRIA GROUP INC
40,993$2.4B0.10%
68
GQ9SPDR GOLD TR
7,596$2.2B0.09%
69
SHYISHARES TR
25,192$2.1B0.09%
70
SPYSPDR S&P 500 ETF TR
3,700$2.1B0.09%
71
AONAON PLC
5,129$2.0B0.09%
72
GGGGRACO INC
23,791$2.0B0.09%
73
RSGREPUBLIC SVCS INC
8,122$1.9B0.09%
74
GOOGALPHABET INC
12,215$1.9B0.08%
75
NDQINVESCO QQQ TR
3,729$1.7B0.08%
76
COSTCOSTCO WHSL CORP NEW
1,848$1.7B0.08%
77
MLIMUELLER INDS INC
22,000$1.7B0.07%
78
CRCRANE COMPANY
11,000$1.7B0.07%
79
WELLWELLTOWER INC
10,700$1.6B0.07%
80
HONHONEYWELL INTL INC
7,383$1.6B0.07%
81
WMWASTE MGMT INC DEL
6,788$1.5B0.07%
82
GPCGENUINE PARTS CO
13,016$1.5B0.07%
83
WFCWELLS FARGO CO NEW
21,461$1.5B0.07%
84
DUKDUKE ENERGY CORP NEW
12,319$1.5B0.06%
85
NOCNORTHROP GRUMMAN CORP
2,870$1.5B0.06%
86
BKBANK NEW YORK MELLON CORP
16,936$1.4B0.06%
87
MDLZMONDELEZ INTL INC
18,766$1.3B0.06%
88
OKEONEOK INC NEW
12,269$1.2B0.05%
89
GATXGATX CORP
7,512$1.2B0.05%
90
BACBANK AMERICA CORP
28,011$1.2B0.05%
91
BILSPDR SER TR
12,394$1.1B0.05%
92
TXTTEXTRON INC
15,400$1.1B0.05%
93
WTSWATTS WATER TECHNOLOGIES INC
5,400$1.1B0.05%
94
VONEVANGUARD SCOTTSDALE FDS
4,237$1.1B0.05%
95
NVSNNOVARTIS AG
9,446$1.1B0.05%
96
COPCONOCOPHILLIPS
10,350$1.1B0.05%
97
MODMODINE MFG CO
13,000$1.0B0.05%
98
UCBUNITED CMNTY BKS BLAIRSVLE G
34,558$960.7M0.04%
99
DISDISNEY WALT CO
9,562$937.7M0.04%
100
XYLXYLEM INC
7,800$931.6M0.04%
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