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Portfolio (Quarterly) Guide ↗

Welch Group, LLC

· CIK 0001443095
13F Portfolio $2.7B AUM 310 positions Filed Apr 21, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 24 New 69 Added 84 Reduced 23 Exited
Page 1 of 4  ·  69 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 MSFT MICROSOFT CORP Technology 214,123.0 $79.3M 2.98% +7K +3.6% $370.17 +13.1%
2 IBM INTERNATIONAL BUSINESS MACHS Technology 294,802.0 $71.5M 2.68% +3K +1.0% $242.39 +4.7%
3 MCD MCDONALDS CORP Consumer Cyclical 215,074.0 $66.8M 2.51% +3K +1.3% $310.79 -9.2%
4 HD HOME DEPOT INC Consumer Cyclical 190,518.0 $62.7M 2.35% +7K +3.9% $328.89 -4.8%
5 VZ VERIZON COMMUNICATIONS INC Communication Services 1,203,860.0 $60.4M 2.27% +22K +1.8% $50.20 -3.7%
6 PFE PFIZER INC Healthcare 2,148,091.0 $60.3M 2.27% +166K +8.3% $28.08 -7.8%
7 AJG GALLAGHER ARTHUR J & CO Financial Services 253,012.0 $54.8M 2.06% +24K +10.4% $216.58 -5.5%
8 QCOM QUALCOMM INC Technology 417,596.0 $53.8M 2.02% +31K +8.1% $128.78 +84.9%
9 PG PROCTER & GAMBLE CO Consumer Defensive 370,354.0 $53.5M 2.01% +23K +6.5% $144.44 -0.0%
10 CL COLGATE PALMOLIVE CO Consumer Defensive 626,828.0 $53.4M 2.01% +14K +2.2% $85.23 +6.3%
11 PEP PEPSICO INC Consumer Defensive 339,979.0 $52.8M 1.98% +13K +4.0% $155.29 -3.0%
12 TXN TEXAS INSTRS INC Technology 267,292.0 $51.9M 1.95% +4K +1.6% $194.14 +59.3%
13 AEP AMERICAN ELEC PWR CO INC Utilities 376,452.0 $49.3M 1.85% +51K +15.8% $131.08 +0.4%
14 PAYX PAYCHEX INC Industrials 484,448.0 $44.6M 1.68% +78K +19.1% $92.12 +5.3%
15 KMB KIMBERLY-CLARK CORP Consumer Defensive 447,054.0 $43.1M 1.62% +123K +37.8% $96.47 +2.8%
16 PYLD PIMCO ETF TR 758,878.0 $19.9M 0.75% +24K +3.2% $26.20 +0.5%
17 AMZN AMAZON COM INC Consumer Cyclical 67,464.0 $14.1M 0.53% +2K +3.2% $208.27 +27.9%
18 V VISA INC Financial Services 40,998.0 $12.4M 0.47% +2K +4.7% $302.24 +8.8%
19 ORCL ORACLE CORP Technology 74,617.0 $11.0M 0.41% +6K +9.3% $147.11 +30.6%
20 META META PLATFORMS INC Communication Services 17,407.0 $10.0M 0.37% +882.0 +5.3% $572.14 +6.7%
Page 1 of 4  ·  69 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 20.3%
Financial Services 16.8%
Industrials 13.9%
Utilities 10.5%
Healthcare 10.2%
Consumer Defensive 9.7%
Energy 7.3%
Consumer Cyclical 6.6%
Communication Services 3.8%
Basic Materials 0.8%