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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 3 of 4  ·  69 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 FANG DIAMONDBACK ENERGY INC Energy 5,577.0 $1.1M 0.04% +1K +28.5% $197.80 -0.9%
42 BIL SPDR SERIES TRUST 11,877.0 $1.1M 0.04% +349.0 +3.0% $91.64 -0.0%
43 NFLX NETFLIX INC. Communication Services 10,944.0 $1.1M 0.04% +1K +10.6% $96.15 -8.7%
44 RY ROYAL BK CDA Financial Services 6,436.0 $1.0M 0.04% +33.0 +0.5% $161.78 +17.1%
45 ETN EATON CORP PLC Industrials 2,819.0 $1.0M 0.04% +160.0 +6.0% $357.67 +13.3%
46 VUG VANGUARD INDEX FDS 2,157.0 $942K 0.04% +1K +88.9% $436.80 -79.9%
47 GE GE AEROSPACE Industrials 3,139.0 $891K 0.03% +1K +49.0% $283.79 +10.0%
48 IWM ISHARES TR 3,161.0 $784K 0.03% +26.0 +0.8% $248.00 +16.8%
49 KMI KINDER MORGAN INC DEL Energy 22,803.0 $765K 0.03% +7K +44.5% $33.53 -1.0%
50 BMY BRISTOL-MYERS SQUIBB CO Healthcare 12,093.0 $733K 0.03% +382.0 +3.3% $60.65 -4.0%
51 GEV GE VERNOVA INC Utilities 801.0 $699K 0.03% +255.0 +46.7% $873.21 +23.4%
52 REGN REGENERON PHARMACEUTICALS Healthcare 849.0 $656K 0.03% +500.0 +143.3% $772.64 -17.5%
53 ET ENERGY TRANSFER L P Energy 33,823.0 $653K 0.03% +665.0 +2.0% $19.30 +2.2%
54 D DOMINION ENERGY INC Utilities 9,490.0 $587K 0.02% +2K +19.8% $61.82 +9.5%
55 CAH CARDINAL HEALTH INC Healthcare 2,693.0 $569K 0.02% +33.0 +1.2% $211.31 -4.9%
56 IRM IRON MTN INC DEL Real Estate 5,069.0 $518K 0.02% +288.0 +6.0% $102.14 +26.5%
57 ZBH ZIMMER BIOMET HOLDINGS INC Healthcare 5,550.0 $502K 0.02% +200.0 +3.7% $90.41 -6.7%
58 LRCX LAM RESEARCH CORP Technology 2,132.0 $455K 0.02% +34.0 +1.6% $213.62 +50.3%
59 PRF INVESCO EXCHANGE TRADED FD T 9,356.0 $445K 0.02% +62.0 +0.7% $47.53 +12.5%
60 DEO DIAGEO PLC Consumer Defensive 5,934.0 $442K 0.02% +1K +21.8% $74.45 +13.7%
Page 3 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%