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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 5 of 16  ·  310 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 WELL WELLTOWER INC Real Estate 10,731.0 $2.1M 0.08% $197.71 +9.4%
82 COST COSTCO WHOLESALE CORPORATION Consumer Defensive 2,029.0 $2.0M 0.08% -257.0 -11.2% $996.44 +0.3%
83 BK BANK NEW YORK MELLON CORP Financial Services 16,936.0 $2.0M 0.07% $118.63 +19.0%
84 WFC WELLS FARGO & CO Financial Services 24,003.0 $1.9M 0.07% $79.61 -3.0%
85 NOC NORTHROP GRUMMAN CORP Industrials 2,770.0 $1.9M 0.07% -46.0 -1.6% $682.24 -18.9%
86 WM WASTE MGMT INC DEL Industrials 8,216.0 $1.9M 0.07% -100.0 -1.2% $229.78 -6.1%
87 CR CRANE COMPANY Industrials 11,000.0 $1.9M 0.07% $171.00 +5.6%
88 RSG REPUBLIC SVCS INC Industrials 8,123.0 $1.8M 0.07% $219.02 -5.7%
89 GGG GRACO INC Industrials 20,653.0 $1.7M 0.07% $84.65 -10.6%
90 HON HONEYWELL INTL INC Industrials 7,579.0 $1.7M 0.06% $226.03 +2.7%
91 DUK DUKE ENERGY CORP NEW Utilities 12,807.0 $1.7M 0.06% -563.0 -4.2% $130.94 -4.2%
92 AON AON PLC Financial Services 5,148.0 $1.7M 0.06% $322.78 -0.5%
93 PLTR PALANTIR TECHNOLOGIES INC Technology 11,002.0 $1.6M 0.06% +6K +105.6% $146.28 -5.6%
94 WTS WATTS WATER TECHNOLOGIES INC Industrials 5,400.0 $1.6M 0.06% $290.29 +7.0%
95 COP CONOCOPHILLIPS Energy 11,538.0 $1.5M 0.06% -125.0 -1.1% $132.00 -10.4%
96 BAC BANK AMERICA CORP Financial Services 30,511.0 $1.5M 0.06% -608.0 -1.9% $48.75 +6.9%
97 SLV ISHARES SILVER TR Financial Services 21,791.0 $1.5M 0.06% -5K -20.0% $68.14 +1.1%
98 VTI VANGUARD INDEX FDS 4,595.0 $1.5M 0.06% +645.0 +16.3% $320.79 +15.0%
99 IEI ISHARES TR 12,385.0 $1.5M 0.06% +8K +216.2% $118.60 -1.1%
100 BBVA BANCO BILBAO VIZCAYA ARGENTA Financial Services 67,195.0 $1.5M 0.06% -1K -1.9% $21.66 +7.0%
Page 5 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%