Q3 2026 13F · SEC CIK 1443095

Welch Group, LLC

Wealth managerFiled 2026-10-29 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.9B
Reported positions: 319
Top holdings a year, 3 yrs: +16.5%
Assets under management: $3.7B

Welch Group, LLC is a wealth manager that reported 319 positions worth $2.9B in its Q3 2026 13F, filed 2026-10-29. Its largest holdings were Apple Inc (AAPL, 4.2%), Microsoft Corp (MSFT, 3.9%), Abbvie Inc (ABBV, 3.3%). A portfolio copying its top holdings returned 16.5% a year over the last 3 years, against 22.3% for the S&P 500.

Welch Group, LLC holdings largest 50 of 319 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Welch Group, LLC 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
AAPLApple Inc	4.2%	3.7%	370,890	-0.5%	$123.5M
MSFTMicrosoft Corp	3.9%	2.8%	223,862	+1.9%	$114.8M
ABBVAbbvie Inc	3.3%	3.2%	372,315	+0.3%	$97.4M
CSCOCisco Sys Inc	3.3%	3.6%	886,905	-2.2%	$95.5M
JNJJohnson & Johnson	3.2%	3.1%	353,576	-0.8%	$93.6M
JPMJpmorgan Chase & Co	3.1%	3.1%	276,650	-0.1%	$91.5M
CVXChevron Corporation	3.0%	2.4%	434,666	+0.6%	$88.8M
RTXRtx Corporation	2.9%	3.0%	461,868	-0.0%	$85.7M
XOMExxonmobil Holdings Corp	2.9%	—	519,238	—	$84.5M
QCOMQualcomm Inc	2.6%	2.6%	419,312	+1.5%	$77.2M
SFBSServisfirst Bancshares Inc	2.6%	2.8%	1,885,113	+96.4%	$75.4M
EMREmerson Elec Co	2.5%	2.3%	467,818	+0.3%	$72.6M
TXNTexas Instrs Inc	2.4%	2.6%	252,500	-1.2%	$70.7M
IBMInternational Business Machs	2.3%	2.9%	309,743	+2.8%	$68.1M
LMTLockheed Martin Corp	2.3%	2.3%	132,853	+2.0%	$67.7M
NEENextera Energy Inc	2.3%	2.6%	878,931	+2.4%	$66.6M
SOSouthern Co	2.3%	2.6%	798,749	+1.4%	$66.2M
PFEPfizer Inc	2.2%	1.8%	2,271,062	+3.5%	$64.8M
CINFCincinnati Finl Corporation	2.2%	2.5%	397,611	+0.4%	$63.4M
TFCTruist Finl Corp	2.2%	2.3%	1,362,301	+1.7%	$63.1M
AJGGallagher Arthur J & Co	2.1%	2.1%	264,798	+1.0%	$60.4M
HDHome Depot Inc	2.0%	2.4%	205,961	+2.8%	$58.6M
VZVerizon Communications Inc	1.9%	1.7%	1,229,866	+2.4%	$56.4M
PGProcter & Gamble Co	1.9%	1.9%	387,878	+2.2%	$56.4M
EDConsolidated Edison Inc	1.9%	2.0%	539,917	+1.3%	$55.2M
CLColgate Palmolive Co	1.9%	2.0%	641,292	+1.1%	$54.7M
MCDMcdonalds Corp	1.8%	2.1%	234,482	+4.3%	$54.2M
PAYXPaychex Inc	1.7%	1.7%	509,897	+1.3%	$50.2M
AEPAmerican Elec Pwr Co Inc	1.6%	1.8%	394,440	+2.6%	$46.8M
KMBKimberly-Clark Corp	1.6%	1.7%	472,336	+2.3%	$46.0M
PEPPepsico Inc	1.5%	1.6%	353,597	+2.1%	$44.8M
NVDANvidia Corporation	1.4%	1.2%	174,663	+0.4%	$39.9M
AMDAdvanced Micro Devices Inc	1.1%	1.1%	55,084	-3.4%	$33.7M
CATCaterpillar Inc	1.1%	1.4%	39,135	+2.5%	$31.7M
MUMicron Technology Inc	1.0%	1.1%	27,997	+0.2%	$29.8M
KOCoca Cola Co	0.8%	0.8%	283,086	+1.1%	$24.4M
PYLDPimco ETF Tr	0.8%	0.8%	943,528	+3.3%	$24.0M
GOOGLAlphabet Inc	0.8%	0.8%	64,381	+2.1%	$22.2M
AMZNAmazon Com Inc	0.7%	0.6%	80,392	+15.4%	$20.0M
PANWPalo Alto Networks Inc	0.7%	0.6%	50,104	-2.8%	$19.9M
DEDeere & Co	0.7%	0.6%	28,771	+2.3%	$19.3M
LLYEli Lilly & Co	0.6%	0.6%	16,100	+6.9%	$18.6M
VVisa Inc	0.6%	0.5%	46,743	+6.2%	$16.8M
GSGoldman Sachs Group Inc	0.5%	0.6%	17,022	+4.0%	$15.3M
METAMeta Platforms Inc	0.5%	—	21,054	—	$15.3M
IVVIshares Tr	0.5%	0.5%	18,390	+0.9%	$14.1M
TGTTarget Corp	0.5%	—	86,059	—	$13.5M
AMATApplied Matls Inc	0.4%	0.6%	25,558	+6.2%	$13.1M
AVGOBroadcom Inc	0.4%	0.5%	36,673	+4.7%	$12.9M
ORCLOracle Corp	0.4%	0.4%	87,507	+10.4%	$12.0M

What Welch Group, LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

SFBS Servisfirst Bancshares Inc+96.4% shares
AMZN Amazon Com Inc+15.4% shares
ORCL Oracle Corp+10.4% shares
LLY Eli Lilly & Co+6.9% shares
V Visa Inc+6.2% shares
AMAT Applied Matls Inc+6.2% shares

Reduced

No position shrank by more than 5%.

Left the top 50

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +14.5% /yr; S&P 500 +11.7%
3 years: +16.5% /yr; S&P 500 +22.3%
5 years: +9.0% /yr; S&P 500 +10.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$2.9B	319
Q2 2026	$2.9B	320
Q1 2026	$2.7B	308
Q4 2025	$2.6B	307
Q3 2025	$2.6B	298
Q2 2025	$2.4B	280
Q1 2025	$2.3B	266
Q4 2024	$2.2B	263
Q3 2024	$2.3B	269
Q2 2024	$2.1B	267
Q1 2024	$2.0B	234
Q4 2023	$1.9B	228

Questions about Welch Group, LLC's portfolio

What stocks does Welch Group, LLC own?

Welch Group, LLC's latest 13F, for Q3 2026 and filed Oct 29, 2026, lists 319 positions worth $2.9B. The largest are Apple Inc (AAPL) at 4.2%, Microsoft Corp (MSFT) at 3.9%, Abbvie Inc (ABBV) at 3.3%, Cisco Sys Inc (CSCO) at 3.3% and Johnson & Johnson (JNJ) at 3.2%.

What did Welch Group, LLC buy last quarter?

In Q3 2026, Welch Group, LLC added Servisfirst Bancshares Inc (SFBS) (+96.4% shares), Amazon Com Inc (AMZN) (+15.4% shares) and Oracle Corp (ORCL) (+10.4% shares), compared with its Q2 2026 filing.

What did Welch Group, LLC sell last quarter?

In Q3 2026, Welch Group, LLC cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Tjx Cos Inc New (TJX) and cut from its top 50 Carrier Global Corporation (CARR), compared with its Q2 2026 filing.

How has Welch Group, LLC's portfolio performed?

A portfolio copying Welch Group, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.5% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: +14.5% against +11.7%. Over 5 years: +9.0% a year against +10.6%.

When is Welch Group, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Welch Group, LLC's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Welch Group, LLC manage?

Welch Group, LLC reported $3.7B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.9B.