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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 8 of 16  ·  310 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 FLS FLOWSERVE CORP Industrials 9,850.0 $724K 0.03% $73.51 -1.7%
142 BERKSHIRE HATHAWAY INC DEL 1.0 $718K 0.03% NEW $718140.00
143 PTLC PACER FDS TR 13,613.0 $714K 0.03% -3K -16.2% $52.46 +11.3%
144 VO VANGUARD INDEX FDS 2,469.0 $709K 0.03% -473.0 -16.1% $287.22 -72.6%
145 ENTERGY CORP NEW 6,303.0 $708K 0.03% $112.36
146 DVY ISHARES TR 4,667.0 $707K 0.03% -9K -66.6% $151.40 +2.8%
147 IEX IDEX CORP Industrials 3,707.0 $703K 0.03% $189.55 +11.0%
148 GEV GE VERNOVA INC Utilities 801.0 $699K 0.03% +255.0 +46.7% $873.21 +24.0%
149 GLW CORNING INC Technology 5,051.0 $687K 0.03% NEW $135.97 +45.2%
150 IVW ISHARES TR 5,857.0 $662K 0.03% -2K -25.6% $113.11 +22.2%
151 VIG VANGUARD SPECIALIZED FUNDS 3,068.0 $660K 0.03% -89.0 -2.8% $215.07 +8.6%
152 REGN REGENERON PHARMACEUTICALS Healthcare 849.0 $656K 0.03% +500.0 +143.3% $772.64 -17.1%
153 CRGY CRESCENT ENERGY COMPANY Energy 48,396.0 $653K 0.03% $13.50 -2.9%
154 ET ENERGY TRANSFER L P Energy 33,823.0 $653K 0.03% +665.0 +2.0% $19.30 +2.5%
155 VGT VANGUARD WORLD FD 922.0 $643K 0.02% -223.0 -19.5% $697.40 -83.1%
156 INTC INTEL CORP Technology 14,516.0 $641K 0.02% $44.13 +183.3%
157 CNH INDL N V 58,118.0 $639K 0.02% $11.00
158 PNC PNC FINL SVCS GROUP INC Financial Services 3,015.0 $627K 0.02% -103.0 -3.3% $208.09 +5.9%
159 PSX PHILLIPS 66 Energy 3,337.0 $608K 0.02% $182.16 -1.7%
160 V PUT VISA INC Financial Services 2,000.0 $604K 0.02% $302.24 +7.8%
Page 8 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%