Welch Group Portfolio holdings
The Welch Group is a fee-only financial planning and investment firm that Stewart H. Welch III founded in 1984, among the first of its kind in its area, with the aim of putting people ahead of product sales. It earns its money only from client-paid fees for financial planning and investment management, and its work spans investing, estate planning, tax strategy and risk management. In 2018 Welch Investments, a sister company also controlled by Welch, was merged into the firm. Its clients include individuals, pension and profit sharing plans, trusts and businesses.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$2.72M |
| 2 |
McDonald's
MCD
|
+$2.55M |
| 3 |
Pfizer
PFE
|
+$2.03M |
| 4 |
IBM
IBM
|
+$1.98M |
| 5 |
Microsoft
MSFT
|
+$1.88M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cisco
CSCO
|
+$2.24M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.73M |
| 3 |
Vanguard Short-Term Treasury ETF
VGSH
|
+$1.52M |
| 4 |
ServisFirst Bancshares
SFBS
|
+$1.48M |
| 5 |
Advanced Micro Devices
AMD
|
+$993K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.35% |
| 2 | Financials | 15.51% |
| 3 | Industrials | 11.12% |
| 4 | Healthcare | 10.18% |
| 5 | Consumer Staples | 8.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$5.09T
| $124M | 4.21% |
370,890
-1,901
| -0.5% | -$611K |
2013 Q2
53 quarters
|
|
|
2
Microsoft
MSFT
$3.94T
| $115M | 3.91% |
223,862
+4,074
| +2% | +$1.88M |
2013 Q2
53 quarters
|
|
3
AbbVie
ABBV
$514B
| $97.4M | 3.32% |
372,315
+949
| +0.3% | +$243K |
2013 Q2
53 quarters
|
|
|
4
Cisco
CSCO
$428B
| $95.5M | 3.25% |
886,905
-19,877
| -2% | -$2.24M |
2013 Q4
51 quarters
|
|
5
Johnson & Johnson
JNJ
$662B
| $93.6M | 3.19% |
353,576
-2,908
| -0.8% | -$767K |
2013 Q2
53 quarters
|
|
6
JPMorgan Chase
JPM
$912B
| $91.5M | 3.12% |
276,650
-185
| -0.1% | -$64.7K |
2013 Q2
53 quarters
|
|
7
Chevron
CVX
$454B
| $88.8M | 3.03% |
434,666
+2,575
| +0.6% | +$507K |
2013 Q2
53 quarters
|
|
8
RTX Corp
RTX
$269B
| $85.7M | 2.92% |
461,868
-121
| -0% | -$24.8K |
2013 Q2
53 quarters
|
|
9
ExxonMobil
XOM
$754B
| $84.5M | 2.88% |
519,238
-511
| -0.1% | -$79.9K |
2013 Q2
53 quarters
|
|
10
Qualcomm
QCOM
$198B
| $77.2M | 2.63% |
419,312
+6,200
| +2% | +$1.07M |
2020 Q1
26 quarters
|
|
|
11
ServisFirst Bancshares
SFBS
$4.43B
| $75.4M | 2.57% |
1,885,113
-34,353
| -2% | -$1.48M |
2014 Q2
49 quarters
|
|
12
Emerson Electric
EMR
$95.2B
| $72.6M | 2.47% |
467,818
+1,503
| +0.3% | +$226K |
2013 Q2
53 quarters
|
|
13
Texas Instruments
TXN
$286B
| $70.7M | 2.41% |
252,500
-3,012
| -1% | -$833K |
2019 Q1
30 quarters
|
|
|
14
IBM
IBM
$244B
| $68.1M | 2.32% |
309,743
+8,318
| +3% | +$1.98M |
2013 Q2
53 quarters
|
|
15
Lockheed Martin
LMT
$149B
| $67.7M | 2.31% |
132,853
+2,612
| +2% | +$1.44M |
2013 Q2
53 quarters
|
|
16
NextEra Energy
NEE
$172B
| $66.6M | 2.27% |
878,931
+20,729
| +2% | +$1.75M |
2013 Q2
53 quarters
|
|
17
Southern Company
SO
$107B
| $66.2M | 2.26% |
798,749
+10,908
| +1% | +$994K |
2013 Q2
53 quarters
|
|
|
18
Pfizer
PFE
$171B
| $64.8M | 2.21% |
2,271,062
+76,437
| +3% | +$2.03M |
2013 Q2
53 quarters
|
|
19
Cincinnati Financial
CINF
$27.9B
| $63.4M | 2.16% |
397,611
+1,600
| +0.4% | +$279K |
2013 Q2
53 quarters
|
|
20
Truist Financial
TFC
$60.3B
| $63.1M | 2.15% |
1,362,301
+22,939
| +2% | +$1.17M |
2017 Q1
38 quarters
|
|
21
Arthur J. Gallagher & Co
AJG
$68.8B
| $60.4M | 2.06% |
264,798
+2,557
| +1% | +$641K |
2013 Q2
53 quarters
|
|
22
Home Depot
HD
$328B
| $58.6M | 2% |
205,961
+5,552
| +3% | +$1.82M |
2016 Q1
42 quarters
|
|
23
Verizon
VZ
$181B
| $56.4M | 1.92% |
1,229,866
+28,707
| +2% | +$1.35M |
2013 Q2
53 quarters
|
|
24
Procter & Gamble
PG
$372B
| $56.4M | 1.92% |
387,878
+8,402
| +2% | +$1.23M |
2013 Q2
53 quarters
|
|
25
Consolidated Edison
ED
$42.7B
| $55.2M | 1.88% |
539,917
+6,888
| +1% | +$746K |
2013 Q2
53 quarters
|
|
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Welch Group's Q3 2026 Portfolio in Review
As of Q3 2026, Welch Group held 349 positions worth $2.93B, up 0.16% from $2.93B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Welch Group's Q3 2026 filing shows 22 new, 160 increased, 68 reduced and 23 closed positions. Its largest new stake was Honeywell: 3,892 shares worth $821K. The largest sale was Cisco, an estimated $2.24M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 26% a quarter earlier, followed by Financials and Industrials.
- Welch Group's largest Q3 2026 buy was Honeywell: 3,892 shares worth $821K.
- Welch Group added most to Amazon in Q3 2026, an estimated $2.72M increase.
- Welch Group's biggest Q3 2026 reduction was Cisco, cutting an estimated $2.24M.
- Welch Group fully exited State Street Communication Services Select Sector SPDR ETF in Q3 2026, selling an estimated $428K.
- Welch Group's ten largest holdings make up 32% of its $2.93B portfolio in Q3 2026.
- Welch Group opened 22 new positions and closed 23 in Q3 2026.
- Welch Group's portfolio value rose 0.16% quarter-over-quarter to $2.93B.
Based on Welch Group's 13F filing for Q3 2026, filed 29 Oct 2026.