Welch Group, LLC Q3 2018 Filing

Filed November 1, 2018

Portfolio Value

$960.1B

Holdings

149

Report Date

Q3 2018

Filing Type

13F-HR

All Holdings (149 positions)

#StockSharesValue% PortfolioType
1
ZBHZimmer Biomet Holdings Inc
600$78.9B8.22%
2
MSFTMicrosoft Corp
295,861$33.8B3.52%
3
HDHome Depot Inc
143,902$29.8B3.10%
4
CVXChevron Corporation
229,328$28.0B2.92%
5
LMTLockheed Martin Corp
81,044$28.0B2.92%
6
UTXZUnited Technologies Corp
199,123$27.8B2.90%
7
AJGGallagher Arthur J & Co
373,058$27.8B2.89%
8
XOMExxon Mobil Corporation
325,665$27.7B2.88%
9
PAYXPaychex Inc
373,800$27.5B2.87%
10
JNJJohnson & Johnson
198,600$27.4B2.86%
11
EMREmerson Electric Co
356,210$27.3B2.84%
12
ABBVAbbvie Inc Com USD0.01
282,216$26.7B2.78%
13
INTCIntel Corp
562,094$26.6B2.77%
14
BACVerizon Communications
495,841$26.5B2.76%
15
NEENextEra Energy Inc
157,271$26.4B2.75%
16
MCDMc Donalds Corp
156,078$26.1B2.72%
17
CINFCincinnati Financial Cp
334,003$25.7B2.67%
18
SOThe Southern Company
584,976$25.5B2.66%
19
PEPPepsico Incorporated
226,597$25.3B2.64%
20
NVSNNovartis A G Spon Adr
292,205$25.2B2.62%
21
MMM3m Company
117,727$24.8B2.58%
22
PGProcter & Gamble
297,491$24.8B2.58%
23
KMBKimberly-Clark Corp
217,762$24.7B2.58%
24
IBMIntl Business Machines
159,681$24.1B2.51%
25
CLColgate-Palmolive Co
355,417$23.8B2.48%
26
TA T & T Inc New
708,092$23.8B2.48%
27
LEGLeggett & Platt Inc
535,406$23.4B2.44%
28
EDConsolidated Edison Inc
305,346$23.3B2.42%
29
ULUnilever Plc Adr New
393,076$21.6B2.25%
30
GISGeneral Mills Inc
484,837$20.8B2.17%
31
R6C2Royal Dutch Shell B Adrf
257,541$18.3B1.90%
32
Biocorrx Inc
100,000$10.0B1.04%
33
SPYS P D R TRUST Unit SR
30,873$9.0B0.93%
34
SFBSServisfirst Bancshares
215,857$8.5B0.88%
35
RDS/ARoyal Dutch Shell A Adrf
117,196$8.0B0.83%
36
AAPLApple Inc
23,815$5.4B0.56%
37
KOCoca Cola Company
90,542$4.2B0.44%
38
TMKTorchmark Corporation
36,478$3.2B0.33%
39
Synovus Financial Corp
68,054$3.1B0.32%
40
CSCOCisco Systems Inc
58,274$2.8B0.30%
41
UNUSDUnilever N V Ny Shs Newf
46,802$2.6B0.27%
42
PFEPfizer Incorporated
56,046$2.5B0.26%
43
PRAProassurance Corporation
42,768$2.0B0.21%
44
BACBank Of America Corp
63,812$1.9B0.20%
45
SCHXSchwab US Large Cap Etf
26,972$1.9B0.20%
46
JPMJP Morgan Chase & Co
16,487$1.9B0.19%
47
Berkshire Hathaway Cl B
7,984$1.7B0.18%
48
CATCaterpillar Inc
10,523$1.6B0.17%
49
ABTAbbott Laboratories
18,088$1.3B0.14%
50
EPDEnterprise Prd Prtnrs Lp
43,359$1.2B0.13%
51
GOOGLGoogle Inc Class A
941$1.1B0.12%
52
PRFUSDPowershs RAFI Large Cap US
8,139$967.0M0.10%
53
Energen Corp
11,115$958.0M0.10%
54
VMCVulcan Materials Company
8,592$955.0M0.10%
55
RFRegions Financial Cp New
46,975$862.0M0.09%
56
AMZNAmazon Com Inc
430$861.0M0.09%
57
NOCNorthrop Grumman Corp
2,570$816.0M0.08%
58
VVisa Inc Cl A
5,317$798.0M0.08%
59
OKEOneok Inc New
10,523$713.0M0.07%
60
BMYBristol-Myers Squibb Co
11,276$700.0M0.07%
61
MRKMerck & Co Inc
9,624$683.0M0.07%
62
BPBp Plc Adr
14,296$659.0M0.07%
63
USBU S Bancorp Del New
12,392$654.0M0.07%
64
Streettracks Gold TRUST
5,621$634.0M0.07%
65
KMIKinder Morgan Inc
34,306$608.0M0.06%
66
SYKStryker Corp
3,356$596.0M0.06%
67
PSXPhillips
5,253$592.0M0.06%
68
NVDANvidia Corp
2,028$570.0M0.06%
69
Dowdupont Inc
8,842$569.0M0.06%
70
YUMYum Brands Inc
6,220$565.0M0.06%
71
DEDeere & Co
3,535$531.0M0.06%
72
SLBSchlumberger Ltd
8,494$518.0M0.05%
73
GILDGilead Sciences Inc
6,709$518.0M0.05%
74
DEODiageo Plc New Adr
3,573$506.0M0.05%
75
BABoeing Co
1,342$499.0M0.05%
76
DUKDuke Energy Corp New
6,144$492.0M0.05%
77
WMTWal-Mart Stores Inc
5,220$490.0M0.05%
78
GSGoldman Sachs Group Inc
1,995$447.0M0.05%
79
4I1Philip Morris Intl Inc
5,365$437.0M0.05%
80
WBAWalgreens Boots Alliance
5,621$410.0M0.04%
81
Powershares RAFI Small/Mid Ca
2,833$403.0M0.04%
82
DISDisney Walt Co
3,416$400.0M0.04%
83
KHCKraft Heinz Company
7,095$391.0M0.04%
84
XELXcel Energy Inc
8,240$389.0M0.04%
85
AEPAmer Electric Pwr Co Inc
5,485$389.0M0.04%
86
RYRoyal Bk Cda Montreal
4,618$370.0M0.04%
87
DDominion Res Inc Va New
5,247$369.0M0.04%
88
DYHTarget Corporation
4,114$363.0M0.04%
89
ETEnergy Transfer Partners
16,280$362.0M0.04%
90
ETREntergy Corp New
4,344$352.0M0.04%
91
MOAltria Group Inc
5,681$343.0M0.04%
92
SHWSherwin Williams Co
744$339.0M0.04%
93
AXPAmerican Express Company
3,143$335.0M0.03%
94
MAMastercard Inc
1,469$327.0M0.03%
95
VWOVanguard Emerging Market
7,688$315.0M0.03%
96
BBVABanco Bilbao Vizcaya Argentin
48,824$308.0M0.03%
97
PPGP P G Industries Inc
2,816$307.0M0.03%
98
AQLTIshares Dj Select Div Fd
3,050$304.0M0.03%
99
BBTUSDBb&T Corporation
5,979$290.0M0.03%
100
KELKellogg Company
4,103$287.0M0.03%
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