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 | |
|---|---|---|---|---|---|---|---|
301
Precigen
PGEN
$1.69B
| $214K | 0.01% |
25,000
| – | – |
2026 Q2
1 quarter
|
|
302
Principal Financial Group
PFG
$24.3B
| $214K | 0.01% |
+1,911
| New | +$216K |
2026 Q3
0 quarters
|
|
303
PUT
Broadcom
AVGO
$1.53T
| – | – |
0
| – | – |
2026 Q3
0 quarters
|
|
304
American Coastal Insurance
ACIC
$468M
| $211K | 0.01% |
23,288
| – | – |
2021 Q4
19 quarters
|
|
305
Hubbell
HUBB
$23.4B
| $210K | 0.01% |
464
| – | – |
2025 Q3
4 quarters
|
|
306
Jazz Pharmaceuticals
JAZZ
$15.5B
| $209K | 0.01% |
903
| – | – |
2026 Q2
1 quarter
|
|
307
Huntington Bancshares
HBAN
$32.1B
| $203K | 0.01% |
13,296
+2
| +0% | +$34 |
2026 Q1
2 quarters
|
|
308
Cross Timbers Royalty Trust
CRT
$75.8M
| $197K | 0.01% |
16,652
| – | – |
2026 Q1
2 quarters
|
|
309
Sprott Physical Silver Trust
PSLV
$10.8B
| $197K | 0.01% |
10,173
| – | – |
2025 Q4
3 quarters
|
|
310
Medical Properties Trust
MPT
$1.04B
| $186K | 0.01% |
53,649
+2,030
| +4% | +$8.53K |
2019 Q1
30 quarters
|
|
311
Ambev
ABEV
$42.4B
| $134K | ﹤0.01% |
45,974
+783
| +2% | +$2.34K |
2022 Q2
17 quarters
|
|
312
Zedge
ZDGE
$36.2M
| $132K | ﹤0.01% |
45,671
| – | – |
2025 Q1
6 quarters
|
|
313
San Juan Basin Royalty Trust
SJT
$152M
| $130K | ﹤0.01% |
35,508
| – | – |
2025 Q1
6 quarters
|
|
314
Keel Infrastructure Corp
KEEL
$1.22B
| $116K | ﹤0.01% |
32,740
| – | – |
2022 Q3
16 quarters
|
|
315
AGNC Investment
AGNC
$11.3B
| $97.6K | ﹤0.01% |
10,765
+353
| +3% | +$3.75K |
2026 Q1
2 quarters
|
|
316
Uranium Royalty Corp
UROY
$1.17B
| $86.1K | ﹤0.01% |
21,310
| – | – |
2025 Q1
6 quarters
|
|
317
Marine Petroleum Trust
MARPS
$8.42M
| $84.6K | ﹤0.01% |
19,956
| – | – |
2026 Q1
2 quarters
|
|
318
3D Systems Corp
DDD
$314M
| $73.1K | ﹤0.01% |
20,313
+313
| +2% | +$1K |
2026 Q2
1 quarter
|
|
319
Gray Television
GTN
$549M
| $55.7K | ﹤0.01% |
12,369
| – | – |
2025 Q1
6 quarters
|
|
320
Mesa Royalty Trust
MTR
$3.6M
| $55.1K | ﹤0.01% |
22,570
| – | – |
2025 Q1
6 quarters
|
|
321
Westwater Resources
WWR
$53.5M
| $15.8K | ﹤0.01% |
30,479
| – | – |
2022 Q2
17 quarters
|
|
322
Talphera
TLPH
$58.1M
| $11.6K | ﹤0.01% |
+10,000
| New | +$12.6K |
2026 Q3
0 quarters
|
|
323
PUT
Applied Materials
AMAT
$291B
| – | – |
0
| – | -$723K |
2026 Q2
1 quarter
|
|
|
324
PUT
Advanced Micro Devices
AMD
$819B
| – | – |
0
| – | -$581K |
2026 Q2
1 quarter
|
|
325
Clorox
CLX
$12.4B
| – | – |
-2,421
| Closed | -$231K | – |
|
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.