Welch Group, LLC Q2 2018 Filing

Filed July 30, 2018

Portfolio Value

$802.8B

Holdings

142

Report Date

Q2 2018

Filing Type

13F-HR

All Holdings (142 positions)

#StockSharesValue% PortfolioType
1
MSFTMicrosoft Corp
300,625$29.6B3.69%
2
CVXChevron Corporation
224,726$28.4B3.54%
3
HDHome Depot Inc
145,542$28.4B3.54%
4
INTCIntel Corp
558,403$27.8B3.46%
5
SOThe Southern Company
576,752$26.7B3.33%
6
NEENextEra Energy Inc
156,041$26.1B3.25%
7
XOMExxon Mobil Corporation
314,601$26.0B3.24%
8
ABBVAbbvie Inc Com USD0.01
278,991$25.8B3.22%
9
PAYXPaychex Inc
372,618$25.5B3.17%
10
EMREmerson Electric Co
354,918$24.5B3.06%
11
BACVerizon Communications
485,468$24.4B3.04%
12
UTXZUnited Technologies Corp
194,788$24.4B3.03%
13
AJGGallagher Arthur J & Co
371,541$24.3B3.02%
14
PEPPepsico Incorporated
217,792$23.7B2.95%
15
MCDMc Donalds Corp
150,703$23.6B2.94%
16
LMTLockheed Martin Corp
78,688$23.2B2.90%
17
JNJJohnson & Johnson
191,285$23.2B2.89%
18
EDConsolidated Edison Inc
289,785$22.6B2.81%
19
LEGLeggett & Platt Inc
504,587$22.5B2.81%
20
PGProcter & Gamble
285,579$22.3B2.78%
21
MMM3m Company
111,282$21.9B2.73%
22
KMBKimberly-Clark Corp
206,628$21.8B2.71%
23
TA T & T Inc New
671,060$21.5B2.68%
24
CLColgate-Palmolive Co
331,667$21.5B2.68%
25
NVSNNovartis A G Spon Adr
284,389$21.5B2.68%
26
CINFCincinnati Financial Cp
320,107$21.4B2.67%
27
IBMIntl Business Machines
151,529$21.2B2.64%
28
ULUnilever Plc Adr New
374,655$20.7B2.58%
29
GISGeneral Mills Inc
449,691$19.9B2.48%
30
R6C2Royal Dutch Shell B Adrf
252,078$18.3B2.28%
31
SFBSServisfirst Bancshares
212,088$8.8B1.10%
32
SPYS P D R TRUST Unit SR
31,210$8.5B1.05%
33
RDS/ARoyal Dutch Shell A Adrf
117,470$8.1B1.01%
34
AAPLApple Inc
23,080$4.3B0.53%
35
KOCoca Cola Company
90,848$4.0B0.50%
36
TMKTorchmark Corporation
36,658$3.0B0.37%
37
Energen Corp
37,118$2.7B0.34%
38
UNUSDUnilever N V Ny Shs Newf
46,440$2.6B0.32%
39
CSCOCisco Systems Inc
57,268$2.5B0.31%
40
PFEPfizer Incorporated
55,453$2.0B0.25%
41
Synovus Financial Corp
35,554$1.9B0.23%
42
BACBank Of America Corp
63,812$1.8B0.22%
43
JPMJP Morgan Chase & Co
15,636$1.6B0.20%
44
Berkshire Hathaway Cl B
7,816$1.5B0.18%
45
PRAProassurance Corporation
38,949$1.4B0.17%
46
CATCaterpillar Inc
9,574$1.3B0.16%
47
EPDEnterprise Prd Prtnrs Lp
43,359$1.2B0.15%
48
VMCVulcan Materials Company
8,592$1.1B0.14%
49
ABTAbbott Laboratories
16,557$1.0B0.13%
50
GOOGLGoogle Inc Class A
868$980.0M0.12%
51
WFCWells Fargo & Co New
17,083$947.0M0.12%
52
PRFUSDPowershs RAFI Large Cap US
8,139$916.0M0.11%
53
Dowdupont Inc
12,760$841.0M0.10%
54
NOCNorthrop Grumman Corp
2,570$791.0M0.10%
55
OKEOneok Inc New
10,523$735.0M0.09%
56
AMZNAmazon Com Inc
404$687.0M0.09%
57
Streettracks Gold TRUST
5,571$661.0M0.08%
58
BPBp Plc Adr
14,296$653.0M0.08%
59
VVisa Inc Cl A
4,920$652.0M0.08%
60
4I1Philip Morris Intl Inc
7,744$625.0M0.08%
61
BMYBristol-Myers Squibb Co
11,276$624.0M0.08%
62
PSXPhillips
5,253$590.0M0.07%
63
MRKMerck & Co Inc
9,571$581.0M0.07%
64
KMIKinder Morgan Inc
32,127$568.0M0.07%
65
SYKStryker Corp
3,113$526.0M0.07%
66
DEODiageo Plc New Adr
3,573$515.0M0.06%
67
USBU S Bancorp Del New
10,164$508.0M0.06%
68
SLBSchlumberger Ltd
7,371$494.0M0.06%
69
YUMYum Brands Inc
6,208$486.0M0.06%
70
DUKDuke Energy Corp New
6,144$486.0M0.06%
71
KHCKraft Heinz Company
7,395$465.0M0.06%
72
DEDeere & Co
3,246$454.0M0.06%
73
NVDANvidia Corp
1,904$451.0M0.06%
74
WMTWal-Mart Stores Inc
5,214$447.0M0.06%
75
RFRegions Financial Cp New
25,109$446.0M0.06%
76
GILDGilead Sciences Inc
6,024$427.0M0.05%
77
GSGoldman Sachs Group Inc
1,849$408.0M0.05%
78
Powershares RAFI Small/Mid Ca
2,833$394.0M0.05%
79
AEPAmer Electric Pwr Co Inc
5,485$380.0M0.05%
80
XELXcel Energy Inc
8,240$376.0M0.05%
81
BBVABanco Bilbao Vizcaya Argentin
51,755$362.0M0.05%
82
DDominion Res Inc Va New
5,247$358.0M0.04%
83
DISDisney Walt Co
3,381$354.0M0.04%
84
ETREntergy Corp New
4,367$353.0M0.04%
85
RYRoyal Bk Cda Montreal
4,618$348.0M0.04%
86
WBAWalgreens Boots Alliance
5,621$337.0M0.04%
87
SCHXSchwab US Large Cap Etf
5,158$335.0M0.04%
88
VWOVanguard Emerging Market
7,688$324.0M0.04%
89
PPGP P G Industries Inc
3,105$322.0M0.04%
90
MOAltria Group Inc
5,605$318.0M0.04%
91
ETEnergy Transfer Partners
16,280$310.0M0.04%
92
SHWSherwin Williams Co
744$303.0M0.04%
93
METAFacebook Inc Class A
1,528$296.0M0.04%
94
KELKellogg Company
4,103$287.0M0.04%
95
SLVIshares Silver TRUST
18,199$276.0M0.03%
96
EFAIshares Tr Msci Eafe Fd
4,060$272.0M0.03%
97
NSCNorfolk Southern Corp
1,801$272.0M0.03%
98
Google Inc Class C
236$263.0M0.03%
99
DYHTarget Corporation
3,407$259.0M0.03%
100
IVEIshares S&P 500 Value
2,346$258.0M0.03%
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