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 | |
|---|---|---|---|---|---|---|---|
251
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.6B
| $312K | 0.01% |
+2,862
| New | +$329K |
2026 Q3
0 quarters
|
|
252
FedEx
FDX
$74.7B
| $310K | 0.01% |
1,087
+310
| +40% | +$97.4K |
2025 Q4
3 quarters
|
|
253
Dollar General
DG
$30.2B
| $309K | 0.01% |
2,584
+466
| +22% | +$57.5K |
2025 Q2
5 quarters
|
|
254
US Bancorp
USB
$95B
| $309K | 0.01% |
5,344
+1,337
| +33% | +$83.5K |
2025 Q3
4 quarters
|
|
255
JPMorgan BetaBuilders US Equity ETF
BBUS
$9.6B
| $305K | 0.01% |
2,217
| – | – |
2023 Q1
14 quarters
|
|
256
Simplify Short Term Treasury Futures Strategy ETF
TUA
$473M
| $301K | 0.01% |
15,793
+2,311
| +17% | +$46.4K |
2026 Q1
2 quarters
|
|
257
Trinity Industries
TRN
$2.33B
| $294K | 0.01% |
11,500
| – | – |
2024 Q2
9 quarters
|
|
258
State Street Industrial Select Sector SPDR ETF
XLI
$31B
| $292K | 0.01% |
+1,747
| New | +$311K |
2026 Q3
0 quarters
|
|
259
Shopify
SHOP
$196B
| $290K | 0.01% |
1,957
| – | – |
2025 Q4
3 quarters
|
|
260
VanEck Gold Miners ETF
GDX
$28.2B
| $289K | 0.01% |
3,295
-290
| -8% | -$25.3K |
2025 Q2
5 quarters
|
|
261
iShares S&P 100 ETF
OEF
$19.9B
| $288K | 0.01% |
754
-166
| -18% | -$62.4K |
2024 Q1
10 quarters
|
|
262
iShares Gold Trust
IAU
$61.3B
| $288K | 0.01% |
3,683
+4
| +0.1% | +$321 |
2025 Q4
3 quarters
|
|
263
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$18.7B
| $287K | 0.01% |
982
+89
| +10% | +$26.7K |
2024 Q3
8 quarters
|
|
264
Dell
DELL
$220B
| $287K | 0.01% |
+533
| New | +$250K |
2026 Q3
0 quarters
|
|
265
HP
HPQ
$25.5B
| $284K | 0.01% |
+9,092
| New | +$262K |
2026 Q3
0 quarters
|
|
266
Lowe's Companies
LOW
$130B
| $283K | 0.01% |
1,534
-20
| -1% | -$4.15K |
2024 Q4
7 quarters
|
|
267
Blue Owl Capital
OBDC
$5.47B
| $282K | 0.01% |
26,882
+723
| +3% | +$8.04K |
2024 Q3
8 quarters
|
|
268
L3Harris
LHX
$50.5B
| $282K | 0.01% |
1,190
+122
| +11% | +$33.2K |
2025 Q2
5 quarters
|
|
269
Schwab US Large- Cap ETF
SCHX
$73.1B
| $281K | 0.01% |
9,378
| – | – |
2024 Q2
9 quarters
|
|
270
Vanguard Industrials ETF
VIS
$7.8B
| $278K | 0.01% |
+868
| New | +$297K |
2026 Q3
0 quarters
|
|
271
Linde
LIN
$239B
| $277K | 0.01% |
583
| – | – |
2025 Q3
4 quarters
|
|
272
Vanguard Morningstar Small-Cap ETF
VB
$79.8B
| $276K | 0.01% |
970
+110
| +13% | +$32.8K |
2025 Q2
5 quarters
|
|
273
Invesco S&P 500 Momentum ETF
SPMO
$20.4B
| $276K | 0.01% |
+1,819
| New | +$271K |
2026 Q3
0 quarters
|
|
274
Delta Air Lines
DAL
$60.4B
| $276K | 0.01% |
3,303
+351
| +12% | +$29.8K |
2026 Q2
1 quarter
|
|
275
iShares Russell Mid-Cap ETF
IWR
$58.4B
| $275K | 0.01% |
2,578
+54
| +2% | +$5.97K |
2025 Q2
5 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.