Welch Group, LLC Q4 2018 Filing

Filed January 10, 2019

Portfolio Value

$816.2B

Holdings

144

Report Date

Q4 2018

Filing Type

13F-HR

All Holdings (144 positions)

#StockSharesValue% PortfolioType
1
MSFTMicrosoft Corp
286,261$29.1B3.56%
2
MCDMc Donalds Corp
154,506$27.4B3.36%
3
BACVerizon Communications
487,608$27.4B3.36%
4
PGProcter & Gamble
297,285$27.3B3.35%
5
AJGGallagher Arthur J & Co
365,606$26.9B3.30%
6
NEENextEra Energy Inc
154,806$26.9B3.30%
7
ABBVAbbvie Inc Com USD0.01
286,237$26.4B3.23%
8
INTCIntel Corp
555,604$26.1B3.19%
9
CINFCincinnati Financial Cp
333,749$25.8B3.17%
10
JNJJohnson & Johnson
198,890$25.7B3.14%
11
SOThe Southern Company
577,917$25.4B3.11%
12
NVSNNovartis A G Spon Adr
295,647$25.4B3.11%
13
PEPPepsico Incorporated
228,821$25.3B3.10%
14
CVXChevron Corporation
230,253$25.0B3.07%
15
HDHome Depot Inc
144,184$24.8B3.04%
16
KMBKimberly-Clark Corp
214,315$24.4B2.99%
17
PAYXPaychex Inc
374,167$24.4B2.99%
18
EDConsolidated Edison Inc
310,047$23.7B2.90%
19
MMM3m Company
121,094$23.1B2.83%
20
LMTLockheed Martin Corp
82,173$21.5B2.64%
21
XOMExxon Mobil Corporation
313,143$21.4B2.62%
22
EMREmerson Electric Co
356,862$21.3B2.61%
23
UTXZUnited Technologies Corp
197,676$21.0B2.58%
24
CLColgate-Palmolive Co
351,636$20.9B2.56%
25
ULUnilever Plc Adr New
393,050$20.5B2.52%
26
LEGLeggett & Platt Inc
534,426$19.2B2.35%
27
IVNInvanhoe Mines LTd
11,000$19.1B2.34%
28
TA T & T Inc New
635,487$18.1B2.22%
29
IVVIshares TRUST S&P
69,206$17.4B2.13%
30
GISGeneral Mills Inc
425,915$16.6B2.03%
31
R6C2Royal Dutch Shell B Adrf
259,905$15.6B1.91%
32
IBMIntl Business Machines
135,408$15.4B1.89%
33
SFBSServisfirst Bancshares
234,037$7.5B0.91%
34
RDS/ARoyal Dutch Shell A Adrf
117,438$6.8B0.84%
35
KOCoca Cola Company
91,539$4.3B0.53%
36
AAPLApple Inc
24,019$3.8B0.46%
37
TMKTorchmark Corporation
36,478$2.7B0.33%
38
CSCOCisco Systems Inc
59,446$2.6B0.32%
39
UNUSDUnilever N V Ny Shs Newf
46,722$2.5B0.31%
40
PFEPfizer Incorporated
56,108$2.4B0.30%
41
Synovus Financial Corp
63,591$2.0B0.25%
42
PRAProassurance Corporation
42,489$1.7B0.21%
43
Berkshire Hathaway Cl B
8,264$1.7B0.21%
44
JPMJP Morgan Chase & Co
16,797$1.6B0.20%
45
VTIVanguard Total Stock Mkt
12,747$1.6B0.20%
46
BACBank Of America Corp
63,812$1.6B0.19%
47
ABTAbbott Laboratories
18,695$1.4B0.17%
48
CATCaterpillar Inc
10,519$1.3B0.16%
49
EPDEnterprise Prd Prtnrs Lp
43,359$1.1B0.13%
50
VMCVulcan Materials Company
10,238$1.0B0.12%
51
GOOGLAlphabet Inc. Class A
959$1.0B0.12%
52
PRFUSDPowershs RAFI Large Cap US
8,139$827.0M0.10%
53
AMZNAmazon Com Inc
499$749.0M0.09%
54
MRKMerck & Co Inc
9,727$743.0M0.09%
55
VVisa Inc Cl A
5,566$734.0M0.09%
56
Streettracks Gold TRUST
5,571$675.0M0.08%
57
FANGDiamondback Energy
7,158$664.0M0.08%
58
RFRegions Financial Cp New
46,975$629.0M0.08%
59
NOCNorthrop Grumman Corp
2,570$629.0M0.08%
60
USBU S Bancorp Del New
13,293$607.0M0.07%
61
DEDeere & Co
3,913$584.0M0.07%
62
SYKStryker Corp
3,720$583.0M0.07%
63
BMYBristol-Myers Squibb Co
11,076$576.0M0.07%
64
YUMYum Brands Inc
6,220$572.0M0.07%
65
OKEOneok Inc New
10,523$568.0M0.07%
66
KMIKinder Morgan Inc
36,661$564.0M0.07%
67
BPBp Plc Adr
14,296$542.0M0.07%
68
DUKDuke Energy Corp New
6,144$530.0M0.06%
69
DEODiageo Plc New Adr
3,573$507.0M0.06%
70
GILDGilead Sciences Inc
7,787$487.0M0.06%
71
WMTWal-Mart Stores Inc
5,220$486.0M0.06%
72
PSXPhillips
5,253$453.0M0.06%
73
BABoeing Co
1,334$430.0M0.05%
74
AEPAmer Electric Pwr Co Inc
5,485$410.0M0.05%
75
XELXcel Energy Inc
8,240$406.0M0.05%
76
WBAWalgreens Boots Alliance
5,621$384.0M0.05%
77
DDominion Res Inc Va New
5,247$375.0M0.05%
78
DISDisney Walt Co
3,414$374.0M0.05%
79
ETREntergy Corp New
4,344$374.0M0.05%
80
Powershares RAFI Small/Mid Ca
3,161$359.0M0.04%
81
4I1Philip Morris Intl Inc
5,324$355.0M0.04%
82
AXPAmerican Express Company
3,715$354.0M0.04%
83
MAMastercard Inc
1,688$318.0M0.04%
84
KHCKraft Heinz Company
7,384$318.0M0.04%
85
DGDollar General Corp New
2,893$313.0M0.04%
86
NVDANvidia Corp
2,343$313.0M0.04%
87
DYHTarget Corporation
4,688$310.0M0.04%
88
VWOVanguard Emerging Market
7,858$299.0M0.04%
89
CMECme Group Inc Cl A
1,589$299.0M0.04%
90
ORCLOracle Corporation
6,537$295.0M0.04%
91
SHWSherwin Williams Co
744$293.0M0.04%
92
PPGP P G Industries Inc
2,763$282.0M0.03%
93
NSCNorfolk Southern Corp
1,875$280.0M0.03%
94
MOAltria Group Inc
5,605$277.0M0.03%
95
AQLTIshares Dj Select Div Fd
3,050$272.0M0.03%
96
SLVIshares Silver TRUST
18,199$264.0M0.03%
97
BBTUSDBb&T Corporation
6,040$262.0M0.03%
98
BBVABanco Bilbao Vizcaya Argentin
48,824$258.0M0.03%
99
TJXT J X Co. Inc
5,740$257.0M0.03%
100
GSGoldman Sachs Group Inc
1,523$254.0M0.03%
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