Welch Group, LLC Q3 2019 Filing

Filed November 5, 2019

Portfolio Value

$973.6B

Holdings

144

Report Date

Q3 2019

Filing Type

13F-HR

All Holdings (144 positions)

#StockSharesValue% PortfolioType
1
CINFCincinnati Financial Cp
297,031$34.7B3.56%
2
MSFTMicrosoft Corp
247,690$34.4B3.54%
3
SOThe Southern Company
553,972$34.2B3.51%
4
HDHome Depot Inc
145,542$33.8B3.47%
5
NEENextEra Energy Inc
142,113$33.1B3.40%
6
PGProcter & Gamble
263,352$32.8B3.36%
7
LMTLockheed Martin Corp
83,766$32.7B3.36%
8
TA T & T Inc New
841,152$31.8B3.27%
9
MCDMc Donalds Corp
144,125$30.9B3.18%
10
PEPPepsico Incorporated
224,920$30.8B3.17%
11
KMBKimberly-Clark Corp
215,340$30.6B3.14%
12
AJGGallagher Arthur J & Co
335,617$30.1B3.09%
13
EDConsolidated Edison Inc
314,400$29.7B3.05%
14
GISGeneral Mills Inc
531,763$29.3B3.01%
15
BACVerizon Communications
485,517$29.3B3.01%
16
INTCIntel Corp
565,627$29.1B2.99%
17
UTXZUnited Technologies Corp
211,656$28.9B2.97%
18
CVXChevron Corporation
243,212$28.8B2.96%
19
PAYXPaychex Inc
348,104$28.8B2.96%
20
NVSNNovartis A G Spon Adr
324,360$28.2B2.90%
21
CLColgate-Palmolive Co
381,233$28.0B2.88%
22
IBMIntl Business Machines
191,942$27.9B2.87%
23
JNJJohnson & Johnson
207,696$26.9B2.76%
24
ABBVAbbvie Inc Com USD0.01
352,503$26.7B2.74%
25
EMREmerson Electric Co
398,505$26.6B2.74%
26
XOMExxon Mobil Corporation
375,739$26.5B2.73%
27
LEGLeggett & Platt Inc
647,502$26.5B2.72%
28
ULUnilever Plc Adr New
406,589$24.4B2.51%
29
MMM3m Company
143,934$23.7B2.43%
30
R6C2Royal Dutch Shell B Adrf
299,876$18.0B1.85%
31
SFBSServisfirst Bancshares
237,467$7.9B0.81%
32
RDS/ARoyal Dutch Shell A Adrf
122,250$7.2B0.74%
33
SPYS P D R TRUST Unit SR
20,375$6.0B0.62%
34
AAPLApple Inc
24,937$5.6B0.57%
35
KOCoca Cola Company
80,462$4.4B0.45%
36
GLGlobe Life Inc
36,747$3.5B0.36%
37
IVVIshares TRUST S&P
9,819$2.9B0.30%
38
UNUSDUnilever N V Ny Shs Newf
45,949$2.8B0.28%
39
JPMJP Morgan Chase & Co
19,562$2.3B0.24%
40
Synovus Financial Corp
61,891$2.2B0.23%
41
PFEPfizer Incorporated
54,877$2.0B0.20%
42
CSCOCisco Systems Inc
39,043$1.9B0.20%
43
BACBank Of America Corp
64,144$1.9B0.19%
44
Berkshire Hathaway Cl B
8,823$1.8B0.19%
45
CATCaterpillar Inc
12,456$1.6B0.16%
46
PRAProassurance Corporation
36,544$1.5B0.15%
47
VMCVulcan Materials Company
9,240$1.4B0.14%
48
ABTAbbott Laboratories
15,692$1.3B0.13%
49
GOOGLAlphabet Inc. Class A
1,062$1.3B0.13%
50
EPDEnterprise Prd Prtnrs Lp
43,359$1.2B0.13%
51
DISDisney Walt Co
8,066$1.1B0.11%
52
VVisa Inc Cl A
6,047$1.0B0.11%
53
USBU S Bancorp Del New
18,743$1.0B0.11%
54
DUKDuke Energy Corp New
10,066$965.0M0.10%
55
NOCNorthrop Grumman Corp
2,570$963.0M0.10%
56
AMZNAmazon Com Inc
552$958.0M0.10%
57
KMIKinder Morgan Inc
43,361$894.0M0.09%
58
MRKMerck & Co Inc
10,349$871.0M0.09%
59
PRFUSDPowershs RAFI Large Cap US
7,254$855.0M0.09%
60
SYKStryker Corp
3,789$820.0M0.08%
61
OKEOneok Inc New
10,523$775.0M0.08%
62
Streettracks Gold TRUST
5,526$767.0M0.08%
63
RFRegions Financial Cp New
45,533$720.0M0.07%
64
DEDeere & Co
4,115$694.0M0.07%
65
YUMYum Brands Inc
6,094$691.0M0.07%
66
NVDANvidia Corp
3,803$662.0M0.07%
67
FANGDiamondback Energy
7,320$658.0M0.07%
68
DEODiageo Plc New Adr
3,683$602.0M0.06%
69
DYHTarget Corporation
5,251$561.0M0.06%
70
BMYBristol-Myers Squibb Co
10,848$550.0M0.06%
71
BPBp Plc Adr
14,377$546.0M0.06%
72
XELXcel Energy Inc
8,240$535.0M0.05%
73
GSGoldman Sachs Group Inc
2,440$506.0M0.05%
74
AEPAmer Electric Pwr Co Inc
5,342$500.0M0.05%
75
Powershares RAFI Small/Mid Ca
7,188$497.0M0.05%
76
ETREntergy Corp New
4,196$492.0M0.05%
77
MAMastercard Inc
1,788$486.0M0.05%
78
DDominion Res Inc Va New
5,943$482.0M0.05%
79
BBTUSDBb&T Corporation
8,960$478.0M0.05%
80
NSCNorfolk Southern Corp
2,642$475.0M0.05%
81
AXPAmerican Express Company
3,901$461.0M0.05%
82
DGDollar General Corp New
2,762$439.0M0.05%
83
SHWSherwin Williams Co
749$412.0M0.04%
84
SLBSchlumberger Ltd
11,038$377.0M0.04%
85
ORCLOracle Corporation
6,803$374.0M0.04%
86
ROSTRoss Stores Inc
3,301$363.0M0.04%
87
4I1Philip Morris Intl Inc
4,702$357.0M0.04%
88
TJXT J X Co. Inc
6,331$353.0M0.04%
89
ACNAccenture
1,779$342.0M0.04%
90
Portola Pharmaceutl
12,500$335.0M0.03%
91
AQLTIshares Dj Select Div Fd
3,264$333.0M0.03%
92
GILDGilead Sciences Inc
5,180$328.0M0.03%
93
BBVABanco Bilbao Vizcaya Argentin
62,596$325.0M0.03%
94
Alphabet Inc
259$316.0M0.03%
95
WMTWal-Mart Stores Inc
2,623$311.0M0.03%
96
PPGP P G Industries Inc
2,588$307.0M0.03%
97
SLVIshares Silver TRUST
18,199$290.0M0.03%
98
WFCWells Fargo & Co New
5,677$286.0M0.03%
99
VWOVanguard Emerging Market
7,028$283.0M0.03%
100
ADPAuto Data Processing
1,741$281.0M0.03%
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