Welch Group, LLC Q2 2019 Filing

Filed July 11, 2019

Portfolio Value

$937.0B

Holdings

143

Report Date

Q2 2019

Filing Type

13F-HR

All Holdings (143 positions)

#StockSharesValue% PortfolioType
1
MSFTMicrosoft Corp
262,794$35.2B3.76%
2
CINFCincinnati Financial Cp
318,214$33.0B3.52%
3
SOThe Southern Company
577,720$31.9B3.41%
4
LMTLockheed Martin Corp
85,808$31.2B3.33%
5
MCDMc Donalds Corp
148,622$30.9B3.29%
6
HDHome Depot Inc
147,164$30.6B3.27%
7
PGProcter & Gamble
277,661$30.4B3.25%
8
AJGGallagher Arthur J & Co
347,532$30.4B3.25%
9
NVSNNovartis A G Spon Adr
331,968$30.3B3.23%
10
NEENextEra Energy Inc
147,117$30.1B3.22%
11
PEPPepsico Incorporated
227,976$29.9B3.19%
12
CVXChevron Corporation
238,064$29.6B3.16%
13
KMBKimberly-Clark Corp
220,501$29.4B3.14%
14
PAYXPaychex Inc
354,226$29.1B3.11%
15
GISGeneral Mills Inc
539,206$28.3B3.02%
16
JNJJohnson & Johnson
201,089$28.0B2.99%
17
TA T & T Inc New
823,899$27.6B2.95%
18
EDConsolidated Edison Inc
313,733$27.5B2.94%
19
BACVerizon Communications
480,036$27.4B2.93%
20
XOMExxon Mobil Corporation
356,368$27.3B2.91%
21
CLColgate-Palmolive Co
380,267$27.3B2.91%
22
UTXZUnited Technologies Corp
209,307$27.3B2.91%
23
INTCIntel Corp
549,166$26.3B2.81%
24
IBMIntl Business Machines
187,829$25.9B2.76%
25
EMREmerson Electric Co
384,958$25.7B2.74%
26
ULUnilever Plc Adr New
405,648$25.1B2.68%
27
LEGLeggett & Platt Inc
622,852$23.9B2.55%
28
ABBVAbbvie Inc Com USD0.01
319,461$23.2B2.48%
29
MMM3m Company
132,193$22.9B2.45%
30
R6C2Royal Dutch Shell B Adrf
281,191$18.5B1.97%
31
SFBSServisfirst Bancshares
237,917$8.2B0.87%
32
RDS/ARoyal Dutch Shell A Adrf
117,660$7.7B0.82%
33
SPYSPDR TRUST Unit SR
20,734$6.1B0.65%
34
AAPLApple Inc
25,121$5.0B0.53%
35
KOCoca Cola Company
80,523$4.1B0.44%
36
TMKTorchmark Corporation
36,502$3.3B0.35%
37
UNUSDUnilever N V Ny Shs Newf
46,884$2.8B0.30%
38
PFEPfizer Incorporated
54,859$2.4B0.25%
39
JPMJP Morgan Chase & Co
19,412$2.2B0.23%
40
Synovus Financial Corp
61,891$2.2B0.23%
41
CSCOCisco Systems Inc
38,743$2.1B0.23%
42
Berkshire Hathaway Cl B
8,733$1.9B0.20%
43
BACBank Of America Corp
64,144$1.9B0.20%
44
CATCaterpillar Inc
12,194$1.7B0.18%
45
VMCVulcan Materials Company
10,306$1.4B0.15%
46
PRAProassurance Corporation
37,808$1.4B0.15%
47
ABTAbbott Laboratories
15,858$1.3B0.14%
48
EPDEnterprise Prd Prtnrs Lp
43,359$1.3B0.13%
49
GOOGLAlphabet Inc. Class A
1,034$1.1B0.12%
50
DISDisney Walt Co
7,772$1.1B0.12%
51
VVisa Inc Cl A
6,066$1.1B0.11%
52
AMZNAmazon Com Inc
532$1.0B0.11%
53
USBU S Bancorp Del New
18,610$975.0M0.10%
54
KMIKinder Morgan Inc
44,509$929.0M0.10%
55
IVVIshares TRUST S&P
3,140$926.0M0.10%
56
DUKDuke Energy Corp New
10,042$886.0M0.09%
57
MRKMerck & Co Inc
10,464$877.0M0.09%
58
PRFUSDPowershs RAFI Large Cap US
7,254$846.0M0.09%
59
NOCNorthrop Grumman Corp
2,570$830.0M0.09%
60
FANGDiamondback Energy
7,420$809.0M0.09%
61
SYKStryker Corp
3,784$778.0M0.08%
62
YUMYum Brands Inc
6,870$760.0M0.08%
63
Streettracks Gold TRUST
5,526$736.0M0.08%
64
OKEOneok Inc New
10,523$724.0M0.08%
65
DEDeere & Co
4,106$681.0M0.07%
66
RFRegions Financial Cp New
44,885$671.0M0.07%
67
DEODiageo Plc New Adr
3,683$635.0M0.07%
68
BPBp Plc Adr
14,296$596.0M0.06%
69
NVDANvidia Corp
3,565$586.0M0.06%
70
GSGoldman Sachs Group Inc
2,517$515.0M0.05%
71
XELXcel Energy Inc
8,240$490.0M0.05%
72
AXPAmerican Express Company
3,855$476.0M0.05%
73
MAMastercard Inc
1,799$476.0M0.05%
74
BMYBristol-Myers Squibb Co
10,381$471.0M0.05%
75
DDominion Res Inc Va New
5,943$460.0M0.05%
76
DYHTarget Corporation
5,181$449.0M0.05%
77
ETREntergy Corp New
4,244$437.0M0.05%
78
AEPAmer Electric Pwr Co Inc
4,883$430.0M0.05%
79
BBTUSDBb&T Corporation
8,629$424.0M0.05%
80
SLBSchlumberger Ltd
10,231$407.0M0.04%
81
ORCLOracle Corporation
6,767$386.0M0.04%
82
BBVABanco Bilbao Vizcaya Argentin
68,348$380.0M0.04%
83
Powershares RAFI Small-Mid Ca
2,925$373.0M0.04%
84
DGDollar General Corp New
2,759$373.0M0.04%
85
4I1Philip Morris Intl Inc
4,582$360.0M0.04%
86
SHWSherwin Williams Co
773$354.0M0.04%
87
GILDGilead Sciences Inc
5,142$347.0M0.04%
88
NSCNorfolk Southern Corp
1,702$339.0M0.04%
89
VWOVanguard Emerging Market
7,800$332.0M0.04%
90
WMTWal-Mart Stores Inc
2,984$330.0M0.04%
91
TJXTJX Co. Inc
6,197$328.0M0.04%
92
ACNAccenture
1,763$326.0M0.03%
93
ROSTRoss Stores Inc
3,281$325.0M0.03%
94
ADPAuto Data Processing
1,863$308.0M0.03%
95
AQLTIshares Dj Select Div Fd
3,050$304.0M0.03%
96
PPGPPG Industries Inc
2,588$302.0M0.03%
97
Alphabet Inc
265$286.0M0.03%
98
WFCWells Fargo & Co New
5,677$269.0M0.03%
99
IVEIshares S&P 500 Value
2,301$268.0M0.03%
100
EFAIshares Tr Msci Eafe Fd
4,060$267.0M0.03%
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