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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 7 of 16  ·  310 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 ATLANTA BRAVES HLDGS INC 20,976.0 $989K 0.04% $47.15
122 STT STATE STR CORP Financial Services 7,635.0 $966K 0.04% -1K -12.1% $126.56 +23.9%
123 NFG NATIONAL FUEL GAS CO Energy 10,108.0 $950K 0.04% $93.96 -14.6%
124 VUG VANGUARD INDEX FDS 2,157.0 $942K 0.04% +1K +88.9% $436.80 -79.9%
125 DIS DISNEY WALT CO Communication Services 9,675.0 $933K 0.04% -453.0 -4.5% $96.38 +6.7%
126 XYL XYLEM INC Industrials 7,802.0 $932K 0.04% $119.50 -7.1%
127 XLK SELECT SECTOR SPDR TR 6,770.0 $900K 0.03% -1K -16.2% $132.90 +38.6%
128 GE GE AEROSPACE Industrials 3,139.0 $891K 0.03% +1K +49.0% $283.79 +9.8%
129 YUM YUM BRANDS INC Consumer Cyclical 5,457.0 $848K 0.03% $155.48 -0.0%
130 URI UNITED RENTALS INC Industrials 1,129.0 $823K 0.03% $728.56 +31.6%
131 UCB UNITED CMNTY BKS BLAIRSVLE G Financial Services 26,047.0 $820K 0.03% -5K -16.2% $31.49 +6.1%
132 BA BOEING CO Industrials 4,037.0 $803K 0.03% $199.01 +10.6%
133 ACA ARCOSA INC Industrials 7,500.0 $796K 0.03% $106.14 +17.6%
134 XLE SELECT SECTOR SPDR TR 12,937.0 $793K 0.03% -2K -11.5% $61.26 -4.1%
135 GD GENERAL DYNAMICS CORP Industrials 2,295.0 $788K 0.03% -96.0 -4.0% $343.22 +0.2%
136 IWM ISHARES TR 3,161.0 $784K 0.03% +26.0 +0.8% $248.00 +16.5%
137 MSGS MADISON SQUARE GRDN SPRT COR Communication Services 2,439.0 $784K 0.03% $321.40 +11.8%
138 UTG REAVES UTIL INCOME FD Financial Services 19,729.0 $775K 0.03% $39.28 +9.2%
139 KMI KINDER MORGAN INC DEL Energy 22,803.0 $765K 0.03% +7K +44.5% $33.53 -1.1%
140 BMY BRISTOL-MYERS SQUIBB CO Healthcare 12,093.0 $733K 0.03% +382.0 +3.3% $60.65 -3.7%
Page 7 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%