Welch Group, LLC
13F Reported Value
ⓘ$2.9B
incl. option notional
Equity Holdings
ⓘ$2.9B
Option Notional
ⓘ$3.8M
$3.8M puts / $0 calls
Holdings
326
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
Welch Group, LLC disclosed 326 positions worth $2.9B in its Form 13F-HR for Q2 2026 — $2.9B in common stock plus $3.8M of put/call option positions (reported at underlying notional value, not premium at risk), led by $AAPL (Apple Inc.) at 3.7% of the equity portfolio, followed by $CSCO and $ABBV. During the quarter the fund opened 28 new positions and exited 12 — including a new stake in $TSLA and a full exit from $HON. The portfolio is most concentrated in Technology (26.5% of disclosed assets). All figures are sourced directly from Welch Group, LLC’s Form 13F-HR filing with the SEC under CIK 1443095.
AI Fund Analysis
StableSector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- 76.4#84
Quality
$107.9M372,791 sh - 70.3#224
Quality
$106.5M906,782 sh - 72.6#148
Quality
$93.5M371,366 sh - 70.7
Quality
$90.6M276,835 sh - 69.0
Quality
$90.5M356,484 sh - 73.2
Quality
$87.7M461,989 sh - 70.0
Quality
$84.8M301,425 sh - 69.1
Quality
$83.3M959,733 sh - 79.8
Quality
$82.0M219,788 sh - 70.5
Quality
$76.3M413,112 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 Apple Inc.$AAPL | 76.4#84 | $107.9M | 372,791 |
 CISCO SYSTEMS, INC.$CSCO | 70.3#224 | $106.5M | 906,782 |
 AbbVie Inc.$ABBV | 72.6#148 | $93.5M | 371,366 |
 JPMORGAN CHASE & CO$JPM | 70.7 | $90.6M | 276,835 |
 JOHNSON & JOHNSON$JNJ | 69.0 | $90.5M | 356,484 |
 RTX Corp$RTX | 73.2 | $87.7M | 461,989 |
 INTERNATIONAL BUSINESS MACHINES CORP$IBM | 70.0 | $84.8M | 301,425 |
 ServisFirst Bancshares, Inc.$SFBS | 69.1 | $83.3M | 959,733 |
 MICROSOFT CORP$MSFT | 79.8 | $82.0M | 219,788 |
 QUALCOMM INC/DE$QCOM | 70.5 | $76.3M | 413,112 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Welch Group, LLC's 326 positions.
Showing top 10 of 326 holdings.
Sector Allocation
Technology
$775.9M
Financials
$487.1M
Industrials
$348.5M
Healthcare
$277.0M
Utilities
$272.2M
Consumer Discretionary
$196.4M
Consumer Staples
$193.6M
Energy
$151.6M
Top Holdings — Welch Group, LLC (Q2 2026)
Top 150 of 326 disclosed positions (by reported value) from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $AAPL | Apple Inc. | $107.9M | 3.7% | -1% | 76.4 |
| 2 | $CSCO | CISCO SYSTEMS, INC. | $106.5M | 3.6% | -4% | 70.3 |
| 3 | $ABBV | AbbVie Inc. | $93.5M | 3.2% | +1% | 72.6 |
| 4 | $JPM | JPMORGAN CHASE & CO | $90.6M | 3.1% | -0% | 70.7 |
| 5 | $JNJ | JOHNSON & JOHNSON | $90.5M | 3.1% | -1% | 69 |
| 6 | $RTX | RTX Corp | $87.7M | 3.0% | -0% | 73.2 |
| 7 | $IBM | INTERNATIONAL BUSINESS MACHINES CORP | $84.8M | 2.9% | +2% | 70 |
| 8 | $SFBS | ServisFirst Bancshares, Inc. | $83.3M | 2.9% | -2% | 69.1 |
| 9 | $MSFT | MICROSOFT CORP | $82.0M | 2.8% | +3% | 79.8 |
| 10 | $QCOM | QUALCOMM INC/DE | $76.3M | 2.6% | -1% | 70.5 |
| 11 |  $TXN | TEXAS INSTRUMENTS INC | $76.2M | 2.6% | -4% | 73.4 |
| 12 |  $SO | SOUTHERN CO | $75.4M | 2.6% | +1% | 62 |
| 13 |  $NEE | NEXTERA ENERGY INC | $75.3M | 2.6% | +1% | 64.6 |
| 14 |  $CINF | CINCINNATI FINANCIAL CORP | $73.3M | 2.5% | -0% | 84.3 |
| 15 |  $CVX | CHEVRON CORP | $71.6M | 2.5% | +0% | 62.8 |
| 16 |  $XOM.R34088 | EXXON MOBIL CORP | $71.1M | 2.4% | -1% | 57.9 |
| 17 |  $HD | HOME DEPOT, INC. | $70.7M | 2.4% | +5% | 60.3 |
| 18 |  $EMR | EMERSON ELECTRIC CO | $66.8M | 2.3% | +0% | 65.3 |
| 19 |  $TFC | TRUIST FINANCIAL CORP | $66.7M | 2.3% | +1% | 76.4 |
| 20 |  $LMT | LOCKHEED MARTIN CORP | $66.4M | 2.3% | +3% | 65.6 |
| 21 |  $MCD | MCDONALDS CORP | $60.8M | 2.1% | +5% | 69 |
| 22 |  $AJG | Arthur J. Gallagher & Co. | $60.2M | 2.1% | +4% | 71.2 |
| 23 |  $ED | CONSOLIDATED EDISON INC | $59.0M | 2.0% | +1% | 67.3 |
| 24 |  $CL | COLGATE PALMOLIVE CO | $58.1M | 2.0% | +1% | 61.3 |
| 25 |  $PG | PROCTER & GAMBLE Co | $55.6M | 1.9% | +2% | 64.6 |
| 26 |  $PFE | PFIZER INC | $52.8M | 1.8% | +2% | 62 |
| 27 |  $AEP | AMERICAN ELECTRIC POWER CO INC | $52.6M | 1.8% | +2% | 66.8 |
| 28 |  $VZ | VERIZON COMMUNICATIONS INC | $50.9M | 1.7% | -0% | 65.8 |
| 29 |  $KMB | KIMBERLY CLARK CORP | $50.7M | 1.7% | +3% | 58.7 |
| 30 |  $PAYX | PAYCHEX INC | $49.5M | 1.7% | +4% | 74.6 |
| 31 |  $PEP | PEPSICO INC | $46.9M | 1.6% | +2% | 63.4 |
| 32 |  $CAT | CATERPILLAR INC | $40.6M | 1.4% | -2% | 66.5 |
| 33 |  $NVDA | NVIDIA CORP | $34.8M | 1.2% | -1% | 85.9 |
| 34 |  $AMD | ADVANCED MICRO DEVICES INC | $33.1M | 1.1% | -15% | 79.8 |
| 35 |  $MU | MICRON TECHNOLOGY INC | $32.2M | 1.1% | -22% | 86.2 |
| 36 | — | PIMCO ETF TR - MULTISECTOR BD | $24.2M | 0.8% | +20% | — |
| 37 |  $KO | COCA COLA CO | $22.8M | 0.8% | +2% | 69.5 |
| 38 |  $GOOG | Alphabet Inc. | $22.5M | 0.8% | -1% | 78.2 |
| 39 |  $LLY | ELI LILLY & Co | $18.1M | 0.6% | +97% | 87.5 |
| 40 |  $DE | DEERE & CO | $17.8M | 0.6% | +4% | 55.4 |
| 41 |  $PANW | Palo Alto Networks Inc | $17.6M | 0.6% | +3% | 65.5 |
| 42 |  $AMAT | APPLIED MATERIALS INC /DE | $17.4M | 0.6% | +10% | 72.3 |
| 43 |  $AMZN | AMAZON COM INC | $16.6M | 0.6% | +3% | 68.7 |
| 44 |  $GS | GOLDMAN SACHS GROUP INC | $16.5M | 0.6% | +2% | 73.5 |
| 45 |  $V | VISA INC. | $15.1M | 0.5% | +7% | 82.9 |
| 46 | — | ISHARES TR - CORE S&P500 ETF | $13.7M | 0.5% | -0% | — |
| 47 |  $AVGO | Broadcom Inc. | $13.2M | 0.5% | +4% | 84.5 |
| 48 |  $TJX | TJX COMPANIES INC /DE/ | $12.1M | 0.4% | +6% | 68.7 |
| 49 |  $ORCL | ORACLE CORP | $11.6M | 0.4% | +6% | 66.2 |
| 50 |  $CARR | CARRIER GLOBAL Corp | $11.3M | 0.4% | +7% | 56.6 |
| 51 |  $META | Meta Platforms, Inc. | $11.0M | 0.4% | +13% | 79.6 |
| 52 |  $TGT | TARGET CORP | $10.9M | 0.4% | +5% | 60.7 |
| 53 |  $MA | Mastercard Inc | $10.7M | 0.4% | +14% | 85.1 |
| 54 |  $SHW | SHERWIN WILLIAMS CO | $10.7M | 0.4% | +15% | 61.3 |
| 55 |  $BX | Blackstone Inc. | $10.3M | 0.3% | +9% | 74.4 |
| 56 |  $SYK | STRYKER CORP | $10.1M | 0.3% | +20% | 72.1 |
| 57 |  $GL | GLOBE LIFE INC. | $8.2M | 0.3% | -1% | 66 |
| 58 |  $VMC | Vulcan Materials CO | $8.1M | 0.3% | -0% | 63.5 |
| 59 |  $TSLA | Tesla, Inc. | $6.9M | 0.2% | -1% | 53.9 |
| 60 |  $AXP | AMERICAN EXPRESS CO | $6.4M | 0.2% | +0% | 69.4 |
| 61 | — | VANGUARD INDEX FDS - S&P 500 ETF SHS | $5.8M | 0.2% | -3% | — |
| 62 |  $WMT | Walmart Inc. | $5.7M | 0.2% | +2% | 60.2 |
| 63 |  $SPY | SPDR S&P 500 ETF TRUST | $5.5M | 0.2% | +39% | — |
| 64 |  $MRK | Merck & Co., Inc. | $4.8M | 0.2% | +1% | 59.9 |
| 65 |  $GOOGL | Alphabet Inc. | $4.8M | 0.2% | +3% | 78.2 |
| 66 |  $NSC | NORFOLK SOUTHERN CORP | $4.6M | 0.2% | +0% | 63.2 |
| 67 |  $RF | REGIONS FINANCIAL CORP | $4.5M | 0.2% | +0% | 61.5 |
| 68 |  $GLDM | World Gold Trust | $4.5M | 0.1% | +15% | — |
| 69 |  $AFL | AFLAC INC | $4.5M | 0.1% | -15% | 61.3 |
| 70 |  $PM | Philip Morris International Inc. | $3.9M | 0.1% | +1% | 75.9 |
| 71 | — | VANGUARD SCOTTSDALE FDS - SHORT TERM TREAS | $3.8M | 0.1% | -2% | — |
| 72 |  $MOD | MODINE MANUFACTURING CO | $3.5M | 0.1% | +0% | 56.3 |
| 73 |  $QQQ | INVESCO QQQ TRUST, SERIES 1 | $3.3M | 0.1% | +0% | — |
| 74 |  $GLD | SPDR GOLD TRUST | $3.2M | 0.1% | -5% | — |
| 75 |  $MO | ALTRIA GROUP, INC. | $3.0M | 0.1% | +0% | 67.4 |
| 76 |  $PNFP | Pinnacle Financial Partners, Inc. | $2.7M | 0.1% | -15% | 54.5 |
| 77 |  $MLI | MUELLER INDUSTRIES INC | $2.7M | 0.1% | +0% | 68.7 |
| 78 |  $CR | Crane Co | $2.5M | 0.1% | +0% | 66.9 |
| 79 |  $BNY | Bank of New York Mellon Corp | $2.4M | 0.1% | +0% | 74.1 |
| 80 |  $WELL | WELLTOWER INC. | $2.4M | 0.1% | +0% | 59.8 |
| 81 | — | ISHARES TR - 1 3 YR TREAS BD | $2.4M | 0.1% | -2% | — |
| 82 |  $WTS | WATTS WATER TECHNOLOGIES INC | $2.1M | 0.1% | +0% | 64.5 |
| 83 |  $WFC | WELLS FARGO & COMPANY/MN | $2.0M | 0.1% | +3% | 61.8 |
| 84 |  $COST | COSTCO WHOLESALE CORP /NEW | $2.0M | 0.1% | +4% | 66.2 |
| 85 |  $WM | WASTE MANAGEMENT INC | $1.8M | 0.1% | +0% | 67.6 |
| 86 |  $BAC | BANK OF AMERICA CORP /DE/ | $1.8M | 0.1% | +4% | 67.6 |
| 87 |  $T | AT&T INC. | $1.8M | 0.1% | -0% | 65.7 |
| 88 | — | VANECK ETF TRUST - SEMICONDUCTR ETF | $1.8M | 0.1% | +0% | — |
| 89 |  $RSG | REPUBLIC SERVICES, INC. | $1.7M | 0.1% | +0% | 62.3 |
| 90 | — | VANGUARD INDEX FDS - TOTAL STK MKT | $1.7M | 0.1% | +1% | — |
| 91 |  $AON | Aon plc | $1.7M | 0.1% | +0% | — |
| 92 |  $BBVA | BANCO BILBAO VIZCAYA ARGENTARIA, S.A. | $1.7M | 0.1% | +0% | — |
| 93 |  $DUK | Duke Energy CORP | $1.7M | 0.1% | +2% | 56.4 |
| 94 |  $GPC | GENUINE PARTS CO | $1.6M | 0.1% | +0% | 52.7 |
| 95 |  $INTC | INTEL CORP | $1.6M | 0.1% | -22% | 45.6 |
| 96 |  $GGG | GRACO INC | $1.6M | 0.1% | +0% | 63.4 |
| 97 |  $NPO | Enpro Inc. | $1.5M | 0.1% | +0% | 55 |
| 98 | — | ISHARES TR - 3 7 YR TREAS BD | $1.5M | 0.1% | +1% | — |
| 99 | — | VANGUARD SCOTTSDALE FDS - VNG RUS1000IDX | $1.4M | 0.1% | +0% | — |
| 100 |  $TXT | TEXTRON INC | $1.4M | 0.1% | +0% | 58.5 |
| 101 |  $NOC | NORTHROP GRUMMAN CORP /DE/ | $1.4M | 0.1% | +0% | 62.9 |
| 102 |  $ABT | ABBOTT LABORATORIES | $1.4M | 0.1% | -83% | 65.5 |
| 103 | — | SELECT SECTOR SPDR TR - ST STR TECHN ETF | $1.4M | 0.1% | +6% | — |
| 104 |  $RY | ROYAL BANK OF CANADA | $1.3M | 0.1% | +1% | 74.8 |
| 105 |  $GATX | GATX CORP | $1.3M | 0.1% | +0% | 70.2 |
| 106 |  $PLTR | Palantir Technologies Inc. | $1.3M | 0.1% | +4% | 84.6 |
| 107 |  $ETN | Eaton Corp plc | $1.3M | 0.1% | +11% | — |
| 108 |  $OKE | ONEOK INC /NEW/ | $1.3M | 0.0% | +0% | 71.7 |
| 109 |  $STT | STATE STREET CORP | $1.3M | 0.0% | +0% | 71.5 |
| 110 |  $GLW | CORNING INC /NY | $1.3M | 0.0% | +0% | 73.7 |
| 111 |  $URI | UNITED RENTALS, INC. | $1.3M | 0.0% | +0% | 63.9 |
| 112 | $TSLAPUT | Tesla, Inc. | $1.3M | — | NEW | 53.9 |
| 113 |  $ORLY | O REILLY AUTOMOTIVE INC | $1.3M | 0.0% | +3% | 67.4 |
| 114 |  $COP | CONOCOPHILLIPS | $1.2M | 0.0% | +0% | 70.2 |
| 115 | — | VANGUARD WHITEHALL FDS - HIGH DIV YLD | $1.2M | 0.0% | +8% | — |
| 116 |  $BATRA | Atlanta Braves Holdings, Inc. | $1.2M | 0.0% | +0% | 20.5 |
| 117 |  $SLV | iShares Silver Trust | $1.2M | 0.0% | -1% | — |
| 118 |  $NVS | NOVARTIS AG | $1.1M | 0.0% | -23% | — |
| 119 | — | VANGUARD STAR FDS - VG TL INTL STK F | $1.1M | 0.0% | +0% | — |
| 120 |  $NEM | NEWMONT Corp /DE/ | $1.1M | 0.0% | -0% | 86.8 |
| 121 | — | VANGUARD INDEX FDS - GROWTH ETF | $1.1M | 0.0% | +495% | — |
| 122 |  $LRCX | LAM RESEARCH CORP | $1.1M | 0.0% | +19% | 79.4 |
| 123 |  $GE | GENERAL ELECTRIC CO | $1.1M | 0.0% | -6% | 73.8 |
| 124 |  $MDLZ | Mondelez International, Inc. | $1.1M | 0.0% | +0% | 56.4 |
| 125 |  $CB | Chubb Ltd | $1.1M | 0.0% | +0% | — |
| 126 |  $ACA | Arcosa, Inc. | $1.1M | 0.0% | +0% | 60.2 |
| 127 | — | SPDR SERIES TRUST - ST STR BLO 1 ETF | $1.1M | 0.0% | +0% | — |
| 128 |  $BLK | BlackRock, Inc. | $1.1M | 0.0% | +0% | 70 |
| 129 |  $FANG | Diamondback Energy, Inc. | $980,534 | 0.0% | +0% | 76.1 |
| 130 |  $MSGS | Madison Square Garden Sports Corp. | $980,088 | 0.0% | +0% | 50.3 |
| 131 | — | VANGUARD SPECIALIZED FUNDS - DIV APP ETF | $963,081 | 0.0% | +33% | — |
| 132 | — | ISHARES TR - RUSSELL 2000 ETF | $924,485 | 0.0% | -3% | — |
| 133 |  $XYL | Xylem Inc. | $922,275 | 0.0% | +0% | 65.8 |
| 134 |  $GEV | GE Vernova Inc. | $914,434 | 0.0% | -3% | 81.1 |
| 135 |  $UCB | UNITED COMMUNITY BANKS INC | $913,990 | 0.0% | +0% | 65 |
| 136 | — | VANGUARD WORLD FD - INF TECH ETF | $882,550 | 0.0% | +701% | — |
| 137 |  $BA | BOEING CO | $875,973 | 0.0% | +0% | 61.6 |
| 138 |  $YUM | YUM BRANDS INC | $872,530 | 0.0% | +0% | 73.7 |
| 139 |  $DIS | Walt Disney Co | $862,146 | 0.0% | -7% | 60.1 |
| 140 |  $IEX | IDEX CORP /DE/ | $841,304 | 0.0% | +0% | 60.9 |
| 141 |  $HONA | Honeywell Aerospace Inc. | $837,009 | 0.0% | NEW | — |
| 142 | — | ISHARES TR - SELECT DIVID ETF | $833,373 | 0.0% | +14% | — |
| 143 |  $HRI | HERC HOLDINGS INC | $831,372 | 0.0% | +0% | 65.3 |
| 144 |  $GD | GENERAL DYNAMICS CORP | $812,981 | 0.0% | +0% | 68.7 |
| 145 |  $UTG | REAVES UTILITY INCOME FUND | $803,365 | 0.0% | +0% | — |
| 146 | — | PACER FDS TR - TRENDP US LAR CP | $793,094 | 0.0% | +0% | — |
| 147 |  $NFLX | NETFLIX INC | $785,115 | 0.0% | +0% | 78.8 |
| 148 |  $NFG | NATIONAL FUEL GAS CO | $780,439 | 0.0% | +0% | 67.8 |
| 149 | — | ISHARES TR - S&P 500 GRWT ETF | $779,521 | 0.0% | -3% | — |
| 150 | — | VANGUARD INDEX FDS - MID CAP ETF | $761,731 | 0.0% | +283% | — |
New Positions (28)
$TSLAPUT Tesla, Inc.$1.3M$HONA Honeywell Aerospace Inc.$837,009$AMATPUT APPLIED MATERIALS INC /DE$723,000$AMDPUT ADVANCED MICRO DEVICES INC$580,910
$MRVL Marvell Technology, Inc.$530,245$GOOGPUT Alphabet Inc.$357,370
$SPCX SPACE EXPLORATION TECHNOLOGIES CORP$345,309
$ASML ASML HOLDING NV$286,480
$DAL DELTA AIR LINES, INC.$276,507
$FBIN Fortune Brands Innovations, Inc.$253,693
$CSX CSX CORP$248,404
$MGM MGM Resorts International$227,098
$VVV VALVOLINE INC$226,802
$JAZZ Jazz Pharmaceuticals plc$217,596Exited Positions (12)
$HON HONEYWELL INTERNATIONAL INC
$PRA PROASSURANCE CORP$QQQPUT INVESCO QQQ TRUST, SERIES 1
$BSX BOSTON SCIENTIFIC CORP
$KGC KINROSS GOLD CORP
$ISRG INTUITIVE SURGICAL INC
$CRM Salesforce, Inc.
$FCX FREEPORT-MCMORAN INC
$MWA Mueller Water Products, Inc.
$KSCP Knightscope, Inc.Browse Top Institutional Investors
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