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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 4 of 5  ·  84 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 NUE NUCOR CORP Basic Materials 2,537.0 $429K 0.02% -124.0 -4.7% $169.07 +41.7%
62 MGV VANGUARD WORLD FD 2,813.0 $408K 0.01% -259.0 -8.4% $144.95 +8.8%
63 XEL XCEL ENERGY INC Utilities 4,989.0 $396K 0.01% -290.0 -5.5% $79.44 +2.2%
64 ADP AUTOMATIC DATA PROCESSING IN Industrials 1,927.0 $392K 0.01% -22.0 -1.1% $203.19 +7.9%
65 AEM AGNICO EAGLE MINES LTD Basic Materials 1,892.0 $384K 0.01% -211.0 -10.0% $202.98 -11.0%
66 MS MORGAN STANLEY Financial Services 2,321.0 $382K 0.01% -50.0 -2.1% $164.57 +21.6%
67 APD AIR PRODUCTS AND CHEMICALS I Basic Materials 1,281.0 $372K 0.01% -16.0 -1.2% $290.49 -0.8%
68 PRA PROASSURANCE CORP Financial Services 14,619.0 $361K 0.01% -6K -28.1% $24.72 -0.4%
69 UNILEVER PLC 5,966.0 $340K 0.01% -872.0 -12.8% $56.97
70 LOW LOWES COS INC Consumer Cyclical 1,413.0 $334K 0.01% -299.0 -17.5% $236.28 -10.4%
71 ALL ALLSTATE CORP Financial Services 1,539.0 $319K 0.01% -183.0 -10.6% $207.34 +2.8%
72 CMCSA COMCAST CORP NEW Communication Services 11,062.0 $318K 0.01% -704.0 -6.0% $28.71 -12.6%
73 LIN LINDE PLC Basic Materials 583.0 $289K 0.01% -11.0 -1.9% $495.41 +4.0%
74 MGK VANGUARD WORLD FD 769.0 $283K 0.01% -49.0 -6.0% $367.44 -75.7%
75 CLX CLOROX CO DEL Consumer Defensive 2,664.0 $276K 0.01% -200.0 -7.0% $103.63 -6.9%
76 BSX BOSTON SCIENTIFIC CORP Healthcare 4,287.0 $269K 0.01% -431.0 -9.1% $62.75 -8.4%
77 FDX FEDEX CORP Industrials 728.0 $259K 0.01% -65.0 -8.2% $356.25 +12.7%
78 LNT ALLIANT ENERGY CORP Utilities 3,552.0 $255K 0.01% -157.0 -4.2% $71.76 +2.9%
79 ISRG INTUITIVE SURGICAL INC Healthcare 519.0 $239K 0.01% -120.0 -18.8% $460.99 -5.0%
80 CRWD CROWDSTRIKE HLDGS INC Technology 599.0 $234K 0.01% -125.0 -17.3% $390.41 +72.2%
Page 4 of 5  ·  84 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%