Welch Group, LLC Q4 2019 Filing

Filed January 24, 2020

Portfolio Value

$1.0T

Holdings

159

Report Date

Q4 2019

Filing Type

13F-HR

All Holdings (159 positions)

#StockSharesValue% PortfolioType
1
MSFTMicrosoft Corp
242,566$38.3B3.76%
2
SOThe Southern Company
546,317$34.8B3.42%
3
INTCIntel Corp
563,730$33.7B3.32%
4
NEENextEra Energy Inc
139,259$33.7B3.32%
5
LEGLeggett & Platt Inc
653,637$33.2B3.27%
6
TA T & T Inc New
837,511$32.7B3.22%
7
LMTLockheed Martin Corp
83,666$32.6B3.21%
8
PGProcter & Gamble
260,386$32.5B3.20%
9
ABBVAbbvie Inc Com USD0.01
361,289$32.0B3.15%
10
UTXZUnited Technologies Corp
212,409$31.8B3.13%
11
AJGGallagher Arthur J & Co
333,224$31.7B3.12%
12
HDHome Depot Inc
145,072$31.7B3.12%
13
EMREmerson Electric Co
408,588$31.2B3.07%
14
NVSNNovartis A G Spon Adr
327,478$31.0B3.05%
15
JNJJohnson & Johnson
212,229$31.0B3.05%
16
CINFCincinnati Financial Cp
293,623$30.9B3.04%
17
PEPPepsico Incorporated
225,171$30.8B3.03%
18
BACVerizon Communications
491,103$30.2B2.97%
19
CVXChevron Corporation
249,332$30.0B2.96%
20
KMBKimberly-Clark Corp
217,155$29.9B2.94%
21
PAYXPaychex Inc
348,631$29.7B2.92%
22
MCDMc Donalds Corp
146,978$29.0B2.86%
23
EDConsolidated Edison Inc
318,001$28.8B2.83%
24
GISGeneral Mills Inc
533,825$28.6B2.81%
25
CLColgate-Palmolive Co
388,378$26.7B2.63%
26
MMM3m Company
146,595$25.9B2.54%
27
IBMIntl Business Machines
185,116$24.8B2.44%
28
ULUnilever Plc Adr New
413,296$23.6B2.32%
29
XOMExxon Mobil Corporation
336,752$23.5B2.31%
30
R6C2Royal Dutch Shell B Adrf
301,769$18.1B1.78%
31
SFBSServisfirst Bancshares
278,057$10.5B1.03%
32
IVVIshares TRUST S&P
30,592$9.9B0.97%
33
AAPLApple Inc
24,365$7.2B0.70%
34
RDS/ARoyal Dutch Shell A Adrf
120,135$7.1B0.70%
35
SPYS P D R TRUST Unit SR
20,438$6.6B0.65%
36
KOCoca Cola Company
79,995$4.4B0.44%
37
GLGlobe Life Inc
34,782$3.7B0.36%
38
JPMJP Morgan Chase & Co
21,304$3.0B0.29%
39
UNUSDUnilever N V Ny Shs Newf
46,841$2.7B0.26%
40
Synovus Financial Corp
59,304$2.3B0.23%
41
BACBank Of America Corp
64,854$2.3B0.22%
42
PFEPfizer Incorporated
55,374$2.2B0.21%
43
CSCOCisco Systems Inc
42,278$2.0B0.20%
44
Berkshire Hathaway Cl B
8,949$2.0B0.20%
45
CATCaterpillar Inc
12,441$1.8B0.18%
46
GOOGLAlphabet Inc. Class A
1,084$1.5B0.14%
47
ABTAbbott Laboratories
15,771$1.4B0.13%
48
DISDisney Walt Co
9,083$1.3B0.13%
49
EPDEnterprise Prd Prtnrs Lp
43,243$1.2B0.12%
50
VMCVulcan Materials Company
8,452$1.2B0.12%
51
PRAProassurance Corporation
33,297$1.2B0.12%
52
USBU S Bancorp Del New
19,825$1.2B0.12%
53
AMZNAmazon Com Inc
625$1.2B0.11%
54
VVisa Inc Cl A
6,062$1.1B0.11%
55
MRKMerck & Co Inc
11,521$1.0B0.10%
56
DUKDuke Energy Corp New
10,422$951.0M0.09%
57
KMIKinder Morgan Inc
43,578$923.0M0.09%
58
PRFUSDPowershs RAFI Large Cap US
7,202$913.0M0.09%
59
BMYBristol-Myers Squibb Co
14,156$909.0M0.09%
60
NVDANvidia Corp
3,831$902.0M0.09%
61
NOCNorthrop Grumman Corp
2,570$884.0M0.09%
62
RFRegions Financial Cp New
48,642$835.0M0.08%
63
OKEOneok Inc New
10,523$796.0M0.08%
64
Streettracks Gold TRUST
5,526$790.0M0.08%
65
SYKStryker Corp
3,705$778.0M0.08%
66
DEDeere & Co
4,037$699.0M0.07%
67
TFCTruist Finl Corp
12,030$678.0M0.07%
68
AXPAmerican Express Company
5,326$663.0M0.07%
69
FANGDiamondback Energy
7,053$655.0M0.06%
70
DEODiageo Plc New Adr
3,831$645.0M0.06%
71
DYHTarget Corporation
4,924$631.0M0.06%
72
YUMYum Brands Inc
6,077$612.0M0.06%
73
GSGoldman Sachs Group Inc
2,496$574.0M0.06%
74
BPBp Plc Adr
14,296$540.0M0.05%
75
XELXcel Energy Inc
8,240$523.0M0.05%
76
MAMastercard Inc
1,698$507.0M0.05%
77
ETREntergy Corp New
4,196$503.0M0.05%
78
DDominion Res Inc Va New
5,943$492.0M0.05%
79
4I1Philip Morris Intl Inc
5,782$492.0M0.05%
80
AEPAmer Electric Pwr Co Inc
4,883$461.0M0.05%
81
SHWSherwin Williams Co
749$437.0M0.04%
82
Powershares RAFI Small/Mid Ca
2,913$398.0M0.04%
83
DGDollar General Corp New
2,539$396.0M0.04%
84
SLBSchlumberger Ltd
9,812$394.0M0.04%
85
GILDGilead Sciences Inc
5,765$375.0M0.04%
86
AMGNAmgen Incorporated
1,554$375.0M0.04%
87
WFCWells Fargo & Co New
6,913$372.0M0.04%
88
TJXT J X Co. Inc
6,076$371.0M0.04%
89
ROSTRoss Stores Inc
3,139$365.0M0.04%
90
ACNAccenture
1,715$361.0M0.04%
91
ORCLOracle Corporation
6,634$351.0M0.03%
92
TXNTexas Instruments Inc
2,701$347.0M0.03%
93
Alphabet Inc
259$346.0M0.03%
94
PPGP P G Industries Inc
2,509$335.0M0.03%
95
WMTWal-Mart Stores Inc
2,789$331.0M0.03%
96
AQLTIshares Dj Select Div Fd
3,038$321.0M0.03%
97
KELKellogg Company
4,604$318.0M0.03%
98
NSCNorfolk Southern Corp
1,617$314.0M0.03%
99
VWOVanguard Emerging Market
7,028$313.0M0.03%
100
IVEIshares S&P 500 Value
2,301$299.0M0.03%
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