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 | |
|---|---|---|---|---|---|---|---|
201
Sensient Technologies
SXT
$5.6B
| $471K | 0.02% |
3,600
| – | – |
2024 Q2
9 quarters
|
|
202
iShares MSCI EAFE ETF
EFA
$77.4B
| $469K | 0.02% |
4,517
+17
| +0.4% | +$1.8K |
2025 Q4
3 quarters
|
|
203
Griffon
GFF
$4.66B
| $465K | 0.02% |
5,000
| – | – |
2024 Q1
10 quarters
|
|
204
Nasdaq
NDAQ
$59B
| $463K | 0.02% |
5,029
| – | – |
2021 Q1
22 quarters
|
|
205
RenaissanceRe
RNR
$13.8B
| $461K | 0.02% |
1,450
| – | – |
2018 Q4
31 quarters
|
|
206
Martin Marietta Materials
MLM
$38B
| $460K | 0.02% |
959
-40
| -4% | -$21.4K |
2020 Q1
26 quarters
|
|
207
Morgan Stanley
MS
$297B
| $451K | 0.02% |
2,397
+76
| +3% | +$16.1K |
2022 Q4
15 quarters
|
|
208
FirstEnergy
FE
$27.1B
| $447K | 0.02% |
10,314
+53
| +0.5% | +$2.49K |
2023 Q4
11 quarters
|
|
209
T. Rowe Price US Equity Research ETF
TSPA
$4.67B
| $446K | 0.02% |
9,238
| – | – |
2025 Q2
5 quarters
|
|
210
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| $441K | 0.02% |
+3,009
| New | +$466K |
2026 Q3
0 quarters
|
|
211
Ross Stores
ROST
$74.2B
| $432K | 0.01% |
1,850
+111
| +6% | +$26K |
2024 Q3
8 quarters
|
|
212
Enterprise Products Partners
EPD
$84.3B
| $429K | 0.01% |
12,042
-200
| -2% | -$7.63K |
2017 Q4
35 quarters
|
|
213
Casey's General Stores
CASY
$25B
| $426K | 0.01% |
700
+400
| +133% | +$309K |
2026 Q1
2 quarters
|
|
214
Vanguard Morningstar Mega Cap Value ETF
MGV
$14.2B
| $421K | 0.01% |
2,616
| – | – |
2025 Q1
6 quarters
|
|
215
iShares International Select Dividend ETF
IDV
$8.34B
| $418K | 0.01% |
9,906
| – | – |
2025 Q4
3 quarters
|
|
216
Automatic Data Processing
ADP
$113B
| $418K | 0.01% |
1,618
-77
| -5% | -$20.4K |
2015 Q3
44 quarters
|
|
217
Marvell Technology
MRVL
$196B
| $415K | 0.01% |
1,571
-209
| -12% | -$46.9K |
2026 Q2
1 quarter
|
|
218
Eversource Energy
ES
$25.6B
| $413K | 0.01% |
6,433
+410
| +7% | +$29.2K |
2024 Q2
9 quarters
|
|
219
Teck Resources
TECK
$31.3B
| $412K | 0.01% |
6,266
| – | – |
2022 Q4
15 quarters
|
|
220
State Street Health Care Select Sector SPDR ETF
XLV
$48.4B
| $408K | 0.01% |
+2,422
| New | +$404K |
2026 Q3
0 quarters
|
|
221
Global Payments
GPN
$22.7B
| $403K | 0.01% |
4,935
-372
| -7% | -$31.9K |
2021 Q4
19 quarters
|
|
222
Halliburton
HAL
$29.7B
| $400K | 0.01% |
12,594
+651
| +5% | +$22.2K |
2024 Q1
10 quarters
|
|
223
3M
MMM
$91.5B
| $400K | 0.01% |
2,437
+1
| +0% | +$171 |
2025 Q2
5 quarters
|
|
224
State Street Materials Select Sector SPDR ETF
XLB
$8.17B
| $391K | 0.01% |
+8,029
| New | +$413K |
2026 Q3
0 quarters
|
|
225
Shell
SHEL
$306B
| $391K | 0.01% |
4,110
+42
| +1% | +$3.79K |
2024 Q1
10 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.