Welch Group, LLC Q4 2025 Filing

Filed January 26, 2026

Portfolio Value

$2.6T

Holdings

307

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (307 positions)

#StockSharesValue% PortfolioType
101
NVSNNOVARTIS AG
9,656$1.3B0.05%
102
VTIVANGUARD INDEX FDS
3,950$1.3B0.05%
103
VONEVANGUARD SCOTTSDALE FDS
4,237$1.3B0.05%
104
GATXGATX CORP
7,512$1.3B0.05%
105
NEMNEWMONT CORP
12,357$1.2B0.05%
106
BLKBLACKROCK INC
1,139$1.2B0.05%
107
ORLYOREILLY AUTOMOTIVE INC
13,342$1.2B0.05%
108
XLKSELECT SECTOR SPDR TR
8,075$1.2B0.04%
109
DISDISNEY WALT CO
10,128$1.2B0.04%
110
STTSTATE STR CORP
8,683$1.1B0.04%
111
COPCONOCOPHILLIPS
11,663$1.1B0.04%
112
RYROYAL BK CDA
6,403$1.1B0.04%
113
OKEONEOK INC NEW
14,737$1.1B0.04%
114
XYLXYLEM INC
7,802$1.1B0.04%
115
BILSPDR SERIES TRUST
11,528$1.1B0.04%
116
MDLZMONDELEZ INTL INC
19,423$1.0B0.04%
117
VYMVANGUARD WHITEHALL FDS
7,110$1.0B0.04%
118
CBCHUBB LIMITED
3,237$1.0B0.04%
119
VXUSVANGUARD STAR FDS
13,239$998.0M0.04%
120
SMHVANECK ETF TRUST
2,735$984.0M0.04%
121
IVWISHARES TR
7,875$970.0M0.04%
122
UCBUNITED CMNTY BKS BLAIRSVLE G
31,083$970.0M0.04%
123
PLTRPALANTIR TECHNOLOGIES INC
5,351$951.0M0.04%
124
NFLXNETFLIX INC
9,894$927.0M0.04%
125
URIUNITED RENTALS INC
1,129$913.0M0.04%
126
PTLCPACER FDS TR
16,238$902.0M0.03%
127
NSCNORFOLK SOUTHN CORP
3,123$901.0M0.03%
128
BATRAATLANTA BRAVES HLDGS INC
20,976$891.0M0.03%
129
BABOEING CO
4,048$878.0M0.03%
130
VGTVANGUARD WORLD FD
1,145$863.0M0.03%
131
HRIHERC HLDGS INC
5,800$860.0M0.03%
132
NPOENPRO INC
4,000$856.0M0.03%
133
VOVANGUARD INDEX FDS
2,942$853.0M0.03%
134
ETNEATON CORP PLC
2,659$846.0M0.03%
135
VWOVANGUARD INTL EQUITY INDEX F
15,611$839.0M0.03%
136
YUMYUM BRANDS INC
5,456$825.0M0.03%
137
NFGNATIONAL FUEL GAS CO
10,108$809.0M0.03%
138
GDGENERAL DYNAMICS CORP
2,391$804.0M0.03%
139
ACAARCOSA INC
7,500$797.0M0.03%
140
IWMISHARES TR
3,135$771.0M0.03%
141
IYKISHARES TR
11,467$767.0M0.03%
142
XLVSELECT SECTOR SPDR TR
4,818$745.0M0.03%
143
UTGREAVES UTIL INCOME FD
19,729$721.0M0.03%
144
VIGVANGUARD SPECIALIZED FUNDS
3,157$693.0M0.03%
145
FLSFLOWSERVE CORP
9,850$683.0M0.03%
146
IEXIDEX CORP
3,707$659.0M0.03%
147
XLESELECT SECTOR SPDR TR
14,613$653.0M0.03%
148
FANGDIAMONDBACK ENERGY INC
4,341$652.0M0.03%
149
PNCPNC FINL SVCS GROUP INC
3,118$650.0M0.03%
150
GEGE AEROSPACE
2,106$648.0M0.02%
151
SONYSONY GROUP CORP
25,156$643.0M0.02%
152
MLMMARTIN MARIETTA MATLS INC
1,015$632.0M0.02%
153
BMYBRISTOL-MYERS SQUIBB CO
11,711$631.0M0.02%
154
MSGSMADISON SQUARE GRDN SPRT COR
2,439$630.0M0.02%
155
TMOTHERMO FISHER SCIENTIFIC INC
1,070$620.0M0.02%
156
UNPUNION PAC CORP
2,634$609.0M0.02%
157
XLCSELECT SECTOR SPDR TR
5,084$598.0M0.02%
158
ADARRAY DIGITAL INFRASTRUCTURE
11,000$589.0M0.02%
159
COFCAPITAL ONE FINL CORP
2,426$587.0M0.02%
160
ETRENTERGY CORP NEW
6,303$582.0M0.02%
161
SPGSIMON PPTY GROUP INC NEW
3,116$576.0M0.02%
162
VUGVANGUARD INDEX FDS
1,142$557.0M0.02%
163
CAHCARDINAL HEALTH INC
2,660$546.0M0.02%
164
ETENERGY TRANSFER L P
33,158$546.0M0.02%
165
INTCINTEL CORP
14,523$535.0M0.02%
166
CNHICNH INDL N V
58,118$535.0M0.02%
167
FNDXSCHWAB STRATEGIC TR
19,536$531.0M0.02%
168
VEAVANGUARD TAX-MANAGED FDS
8,513$531.0M0.02%
169
CEGCONSTELLATION ENERGY CORP
1,487$525.0M0.02%
170
GILDGILEAD SCIENCES INC
4,184$513.0M0.02%
171
ADPAUTOMATIC DATA PROCESSING IN
1,949$501.0M0.02%
172
RHPRYMAN HOSPITALITY PPTYS INC
5,250$496.0M0.02%
173
AMATAPPLIED MATLS INC
1,918$492.0M0.02%
174
PRAPROASSURANCE CORP
20,326$491.0M0.02%
175
NDAQNASDAQ INC
5,029$488.0M0.02%
176
ZBHZIMMER BIOMET HOLDINGS INC
5,350$481.0M0.02%
177
USMVISHARES TR
5,104$480.0M0.02%
178
SCHKSCHWAB STRATEGIC TR
14,380$471.0M0.02%
179
CRMSALESFORCE INC
1,764$467.0M0.02%
180
IEIISHARES TR
3,917$467.0M0.02%
181
FEFIRSTENERGY CORP
10,365$464.0M0.02%
182
DDOMINION ENERGY INC
7,922$464.0M0.02%
183
IDAIDACORP INC
3,656$462.0M0.02%
184
GPNGLOBAL PMTS INC
5,835$451.0M0.02%
185
BSXBOSTON SCIENTIFIC CORP
4,718$449.0M0.02%
186
ULUNILEVER PLC
6,838$447.0M0.02%
187
VMIVALMONT INDS INC
1,100$442.0M0.02%
188
PRFINVESCO EXCHANGE TRADED FD T
9,294$436.0M0.02%
189
NUENUCOR CORP
2,661$434.0M0.02%
190
MGVVANGUARD WORLD FD
3,072$433.0M0.02%
191
KMIKINDER MORGAN INC DEL
15,775$433.0M0.02%
192
NTRSNORTHERN TR CORP
3,153$430.0M0.02%
193
PSXPHILLIPS 66
3,337$430.0M0.02%
194
EFAISHARES TR
4,460$428.0M0.02%
195
TRVTRAVELERS COMPANIES INC
1,467$425.0M0.02%
196
DEODIAGEO PLC
4,872$420.0M0.02%
197
DWDMORGAN STANLEY
2,371$420.0M0.02%
198
ITTITT INC
2,402$416.0M0.02%
199
LOWLOWES COS INC
1,712$412.0M0.02%
200
IHIISHARES TR
6,630$412.0M0.02%
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