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 | |
|---|---|---|---|---|---|---|---|
|
ACA
126
DELISTED
Arcosa
ACA
| $1.1M | 0.04% |
7,502
+2
| +0% | +$291 |
2023 Q2
13 quarters
|
|
127
iShares Silver Trust
SLV
$25.4B
| $1.04M | 0.04% |
19,022
-2,540
| -12% | -$144K |
2022 Q4
15 quarters
|
|
128
Novartis
NVS
$304B
| $1.04M | 0.04% |
7,262
| – | – |
2013 Q2
53 quarters
|
|
129
GE Vernova
GEV
$235B
| $1.03M | 0.04% |
1,082
+304
| +39% | +$301K |
2025 Q2
5 quarters
|
|
130
Diamondback Energy
FANG
$57.8B
| $1.01M | 0.03% |
5,477
-101
| -2% | -$19.8K |
2021 Q2
21 quarters
|
|
131
iShares Select Dividend ETF
DVY
$23.7B
| $997K | 0.03% |
6,558
+1,226
| +23% | +$198K |
2022 Q4
15 quarters
|
|
|
MSGK
132
MSG Knickerbockers Corp.
MSGK
$7.47B
| $988K | 0.03% |
2,439
| – | – |
2024 Q2
9 quarters
|
|
133
Vanguard Dividend Appreciation ETF
VIG
$117B
| $974K | 0.03% |
4,174
+104
| +3% | +$25K |
2021 Q1
22 quarters
|
|
134
Bristol-Myers Squibb
BMY
$125B
| $948K | 0.03% |
15,200
+2,033
| +15% | +$128K |
2013 Q2
53 quarters
|
|
135
Walt Disney
DIS
$192B
| $936K | 0.03% |
8,921
-36
| -0.4% | -$3.69K |
2013 Q2
53 quarters
|
|
136
Lam Research
LRCX
$318B
| $933K | 0.03% |
2,840
+304
| +12% | +$94.9K |
2025 Q3
4 quarters
|
|
137
GE Aerospace
GE
$325B
| $927K | 0.03% |
2,968
+30
| +1% | +$10.4K |
2025 Q1
6 quarters
|
|
138
Phillips 66
PSX
$107B
| $912K | 0.03% |
3,574
+456
| +15% | +$104K |
2021 Q4
19 quarters
|
|
139
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.8B
| $880K | 0.03% |
10,920
+4,640
| +74% | +$392K |
2025 Q4
3 quarters
|
|
140
IDEX
IEX
$17.6B
| $874K | 0.03% |
3,832
+125
| +3% | +$28.5K |
2021 Q1
22 quarters
|
|
141
United Community Banks
UCB
$4.49B
| $869K | 0.03% |
26,047
| – | – |
2022 Q1
18 quarters
|
|
142
Netflix
NFLX
$258B
| $866K | 0.03% |
12,439
+1,443
| +13% | +$108K |
2024 Q1
10 quarters
|
|
143
iShares Russell 2000 ETF
IWM
$76.2B
| $836K | 0.03% |
3,007
-70
| -2% | -$20.6K |
2025 Q1
6 quarters
|
|
144
Honeywell
HON
$70.4B
| $821K | 0.03% |
+3,892
| New | +$868K |
2026 Q3
0 quarters
|
|
145
iShares S&P 500 Growth ETF
IVW
$76.3B
| $815K | 0.03% |
5,727
+59
| +1% | +$8.18K |
2020 Q1
26 quarters
|
|
146
Pacer Trendpilot US Large Cap ETF
PTLC
$3.3B
| $810K | 0.03% |
13,613
| – | – |
2023 Q1
14 quarters
|
|
147
Corning
GLW
$111B
| $806K | 0.03% |
5,243
+192
| +4% | +$30.5K |
2026 Q1
2 quarters
|
|
148
Xylem
XYL
$20.8B
| $790K | 0.03% |
7,800
-2
| -0% | -$229 |
2021 Q1
22 quarters
|
|
149
PNC Financial Services
PNC
$92.5B
| $789K | 0.03% |
3,549
+534
| +18% | +$131K |
2020 Q4
23 quarters
|
|
150
CNH Industrial
CNH
$18.2B
| $788K | 0.03% |
61,291
+3,173
| +5% | +$37.1K |
2021 Q1
22 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.