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 | 11.2% |
| 4 | Healthcare | 10.18% |
| 5 | Consumer Staples | 8.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
226
Vanguard Morningstar Mega Cap Growth ETF
MGK
$32.5B
| $378K | 0.01% |
4,075
| – | – |
2024 Q2
9 quarters
|
|
227
Allstate
ALL
$62.2B
| $371K | 0.01% |
1,673
+134
| +9% | +$34K |
2024 Q3
8 quarters
|
|
228
Array Digital Infrastructure
AD
$2.63B
| $371K | 0.01% |
11,000
| – | – |
2024 Q2
9 quarters
|
|
229
Air Products & Chemicals
APD
$69B
| $368K | 0.01% |
1,323
+42
| +3% | +$12.5K |
2020 Q2
25 quarters
|
|
230
Uber
UBER
$142B
| $357K | 0.01% |
+5,207
| New | +$381K |
2026 Q3
0 quarters
|
|
231
Comcast
CMCSA
$86.2B
| $356K | 0.01% |
16,351
+5,289
| +48% | +$130K |
2025 Q1
6 quarters
|
|
232
Chemed
CHE
$6.88B
| $355K | 0.01% |
702
+42
| +6% | +$21.7K |
2024 Q1
10 quarters
|
|
233
Halozyme
HALO
$11.6B
| $353K | 0.01% |
3,200
+500
| +19% | +$48.3K |
2026 Q2
1 quarter
|
|
234
FB Financial Corp
FBK
$2.7B
| $352K | 0.01% |
6,814
| – | – |
2025 Q3
4 quarters
|
|
235
Xcel Energy
XEL
$51.2B
| $352K | 0.01% |
4,989
| – | – |
2013 Q2
53 quarters
|
|
236
iShares US Medical Devices ETF
IHI
$4.06B
| $346K | 0.01% |
6,757
| – | – |
2021 Q1
22 quarters
|
|
237
iShares Core S&P Small-Cap ETF
IJR
$106B
| $343K | 0.01% |
2,521
+369
| +17% | +$53.4K |
2025 Q2
5 quarters
|
|
238
Diageo
DEO
$55.9B
| $340K | 0.01% |
3,967
+33
| +0.8% | +$2.9K |
2013 Q2
53 quarters
|
|
239
WisdomTree Japan Hedged Equity Fund
DXJ
$6.92B
| $338K | 0.01% |
5,610
-3,564
| -39% | -$211K |
2025 Q2
5 quarters
|
|
240
Arista Networks
ANET
$236B
| $335K | 0.01% |
+1,645
| New | +$310K |
2026 Q3
0 quarters
|
|
241
Cadence Design Systems
CDNS
$91.8B
| $334K | 0.01% |
1,013
| – | – |
2025 Q2
5 quarters
|
|
242
Krystal Biotech
KRYS
$8.91B
| $333K | 0.01% |
1,000
| – | – |
2026 Q1
2 quarters
|
|
243
SLB Ltd
SLB
$74.7B
| $331K | 0.01% |
6,787
+93
| +1% | +$4.79K |
2022 Q4
15 quarters
|
|
244
Schwab US Dividend Equity ETF
SCHD
$121B
| $327K | 0.01% |
10,058
+800
| +9% | +$27K |
2026 Q1
2 quarters
|
|
245
Starbucks
SBUX
$124B
| $326K | 0.01% |
3,468
-19
| -0.5% | -$1.96K |
2019 Q2
29 quarters
|
|
246
Agnico Eagle Mines
AEM
$100B
| $325K | 0.01% |
1,776
-108
| -6% | -$19.2K |
2024 Q1
10 quarters
|
|
247
SmartFinancial
SMBK
$825M
| $322K | 0.01% |
6,499
| – | – |
2024 Q4
7 quarters
|
|
248
Adobe
ADBE
$92.1B
| $321K | 0.01% |
1,337
-18
| -1% | -$4.51K |
2026 Q1
2 quarters
|
|
249
Citigroup
C
$200B
| $320K | 0.01% |
2,472
+638
| +35% | +$85.9K |
2025 Q4
3 quarters
|
|
250
TSMC
TSM
$2.04T
| $319K | 0.01% |
699
+23
| +3% | +$9.7K |
2026 Q1
2 quarters
|
|
Similar funds
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.