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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 12 of 16  ·  310 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
221 PRA PROASSURANCE CORP Financial Services 14,619.0 $361K 0.01% -6K -28.1% $24.72 -0.4%
222 IHI ISHARES TR 6,630.0 $354K 0.01% $53.35 -5.2%
223 MMM 3M CO Industrials 2,435.0 $354K 0.01% +801.0 +49.0% $145.24 +5.0%
224 SLB SLB LIMITED Energy 6,784.0 $349K 0.01% +285.0 +4.4% $51.39 +11.5%
225 QQQ PUT INVESCO QQQ TR Financial Services 600.0 $346K 0.01% NEW $577.18 +24.3%
226 UNILEVER PLC 5,966.0 $340K 0.01% -872.0 -12.8% $56.97
227 POST POST HLDGS INC Consumer Defensive 3,400.0 $336K 0.01% $98.86 -1.7%
228 LOW LOWES COS INC Consumer Cyclical 1,413.0 $334K 0.01% -299.0 -17.5% $236.28 -9.0%
229 TECK TECK RESOURCES LTD Basic Materials 6,266.0 $324K 0.01% +367.0 +6.2% $51.75 +21.1%
230 IAU ISHARES GOLD TR Financial Services 3,675.0 $324K 0.01% $88.16 -3.8%
231 ALL ALLSTATE CORP Financial Services 1,539.0 $319K 0.01% -183.0 -10.6% $207.34 +4.5%
232 FBK FB FINL CORP Financial Services 6,127.0 $318K 0.01% $51.94 +1.4%
233 CMCSA COMCAST CORP NEW Communication Services 11,062.0 $318K 0.01% -704.0 -6.0% $28.71 -12.2%
234 SXT SENSIENT TECHNOLOGIES CORP Basic Materials 3,600.0 $311K 0.01% $86.44 +32.4%
235 SBUX STARBUCKS CORP Consumer Cyclical 3,455.0 $310K 0.01% $89.58 +15.1%
236 TER TERADYNE INC Technology 1,033.0 $306K 0.01% NEW $296.46 +20.9%
237 GDX VANECK ETF TRUST 3,302.0 $303K 0.01% $91.78 -7.4%
238 IJR ISHARES TR 2,382.0 $296K 0.01% +14.0 +0.6% $124.33 +10.5%
239 OEF ISHARES TR 920.0 $293K 0.01% $318.07 +16.7%
240 LIN LINDE PLC Basic Materials 583.0 $289K 0.01% -11.0 -1.9% $495.41 +4.5%
Page 12 of 16  ·  310 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%