Welch Group, LLC Q4 2017 Filing

Filed February 1, 2018

Portfolio Value

$644.6B

Holdings

141

Report Date

Q4 2017

Filing Type

13F-HR

All Holdings (141 positions)

#StockSharesValue% PortfolioType
1
ABBVAbbvie Inc Com USD0.01
243,656$23.6B3.66%
2
HDHome Depot Inc
119,081$22.6B3.50%
3
CVXChevron Corporation
178,912$22.4B3.47%
4
INTCIntel Corp
479,357$22.1B3.43%
5
MCDMc Donalds Corp
119,801$20.6B3.20%
6
MMM3m Company
86,394$20.3B3.15%
7
JNJJohnson & Johnson
145,037$20.3B3.14%
8
MSFTMicrosoft Corp
236,264$20.2B3.14%
9
EMREmerson Electric Co
281,231$19.6B3.04%
10
NEENextEra Energy Inc
124,985$19.5B3.03%
11
PAYXPaychex Inc
286,080$19.5B3.02%
12
PEPPepsico Incorporated
159,434$19.1B2.97%
13
AJGGallagher Arthur J & Co
298,627$18.9B2.93%
14
BACVerizon Communications
356,634$18.9B2.93%
15
UTXZUnited Technologies Corp
147,797$18.9B2.92%
16
PGProcter & Gamble
201,782$18.5B2.88%
17
SOThe Southern Company
380,951$18.3B2.84%
18
XOMExxon Mobil Corporation
218,475$18.3B2.83%
19
EDConsolidated Edison Inc
212,716$18.1B2.80%
20
TA T & T Inc New
458,254$17.8B2.76%
21
CLColgate-Palmolive Co
234,946$17.7B2.75%
22
CINFCincinnati Financial Cp
236,253$17.7B2.75%
23
NVSNNovartis A G Spon Adr
204,187$17.1B2.66%
24
KMBKimberly-Clark Corp
141,940$17.1B2.66%
25
GISGeneral Mills Inc
282,649$16.8B2.60%
26
IBMIntl Business Machines
105,696$16.2B2.52%
27
LEGLeggett & Platt Inc
334,937$16.0B2.48%
28
ULUnilever Plc Adr New
277,635$15.4B2.38%
29
R6C2Royal Dutch Shell B Adrf
201,021$13.7B2.13%
30
SPYS P D R TRUST Unit SR
47,333$12.6B1.96%
31
LMTLockheed Martin Corp
63,840$10.5B1.63%
32
SFBSServisfirst Bancshares
229,943$9.5B1.48%
33
RDS/ARoyal Dutch Shell A Adrf
91,790$6.1B0.95%
34
KOCoca Cola Company
84,183$3.9B0.60%
35
AAPLApple Inc
21,342$3.6B0.56%
36
UNUSDUnilever N V Ny Shs Newf
47,814$2.7B0.42%
37
TMKTorchmark Corporation
26,787$2.4B0.38%
38
PRAProassurance Corporation
36,370$2.1B0.32%
39
Energen Corp
35,774$2.1B0.32%
40
CSCOCisco Systems Inc
51,267$2.0B0.30%
41
BACBank Of America Corp
61,912$1.8B0.28%
42
PFEPfizer Incorporated
49,775$1.8B0.28%
43
Synovus Financial Corp
35,367$1.7B0.26%
44
CATCaterpillar Inc
9,746$1.5B0.24%
45
Berkshire Hathaway Cl B
7,743$1.5B0.24%
46
JPMJP Morgan Chase & Co
13,918$1.5B0.23%
47
Dowdupont Inc
19,811$1.4B0.22%
48
EPDEnterprise Prd Prtnrs Lp
43,158$1.1B0.18%
49
VMCVulcan Materials Company
8,592$1.1B0.17%
50
WFCWells Fargo & Co New
17,698$1.1B0.17%
51
PRFUSDPowershs RAFI Large Cap US
8,513$967.0M0.15%
52
ABTAbbott Laboratories
16,573$946.0M0.15%
53
NOCNorthrop Grumman Corp
2,570$789.0M0.12%
54
GOOGLGoogle Inc Class A
716$754.0M0.12%
55
4I1Philip Morris Intl Inc
7,083$748.0M0.12%
56
Streettracks Gold TRUST
5,487$678.0M0.11%
57
KHCKraft Heinz Company
7,723$601.0M0.09%
58
BPBp Plc Adr
14,296$601.0M0.09%
59
OKEOneok Inc New
10,523$562.0M0.09%
60
BMYBristol-Myers Squibb Co
9,077$556.0M0.09%
61
DUKDuke Energy Corp New
6,321$532.0M0.08%
62
DEODiageo Plc New Adr
3,573$522.0M0.08%
63
USBU S Bancorp Del New
9,631$516.0M0.08%
64
IVVIshares TRUST S&P
1,912$514.0M0.08%
65
DEDeere & Co
3,244$508.0M0.08%
66
WMTWal-Mart Stores Inc
5,116$505.0M0.08%
67
PSXPhillips
4,991$505.0M0.08%
68
SLBSchlumberger Ltd
7,325$494.0M0.08%
69
YUMYum Brands Inc
6,022$491.0M0.08%
70
SYKStryker Corp
3,067$475.0M0.07%
71
GSGoldman Sachs Group Inc
1,745$445.0M0.07%
72
DDominion Res Inc Va New
5,247$425.0M0.07%
73
VVisa Inc Cl A
3,667$418.0M0.06%
74
Powershares RAFI Small/Mid Ca
3,165$411.0M0.06%
75
AMZNAmazon Com Inc
347$406.0M0.06%
76
WBAWalgreens Boots Alliance
5,530$402.0M0.06%
77
XELXcel Energy Inc
7,890$380.0M0.06%
78
MRKMerck & Co Inc
6,600$371.0M0.06%
79
PPGP P G Industries Inc
3,136$366.0M0.06%
80
METAFacebook Inc Class A
2,013$355.0M0.06%
81
RFRegions Financial Cp New
18,801$325.0M0.05%
82
MOAltria Group Inc
4,413$315.0M0.05%
83
SHWSherwin Williams Co
744$305.0M0.05%
84
EFAIshares Tr Msci Eafe Fd
4,060$285.0M0.04%
85
KMIKinder Morgan Inc
15,763$285.0M0.04%
86
NVDANvidia Corp
1,457$282.0M0.04%
87
ALBAlbemarle Corp
2,207$282.0M0.04%
88
KELKellogg Company
4,104$279.0M0.04%
89
DISDisney Walt Co
2,553$274.0M0.04%
90
GILDGilead Sciences Inc
3,728$267.0M0.04%
91
ETEnergy Transfer Partners
14,780$265.0M0.04%
92
Google Inc Class C
229$240.0M0.04%
93
YUMCYum China Holdings I
5,982$239.0M0.04%
94
AXPAmerican Express Company
2,375$236.0M0.04%
95
GEGeneral Electric Company
13,514$236.0M0.04%
96
MAMastercard Inc
1,549$234.0M0.04%
97
ROSTRoss Stores Inc
2,643$212.0M0.03%
98
ORCLOracle Corporation
4,473$211.0M0.03%
99
ADPAuto Data Processing
1,780$209.0M0.03%
100
CLXClorox Company
1,390$207.0M0.03%
Page 1 of 2Next