Welch as of March 31, 2013
Portfolio Holdings for Welch
Welch holds 0 positions in its portfolio as reported in the March 2013 quarterly 13F filing
{S} {C} {C} {C} {C} {C} {C}
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
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1/100 BERKSHIRE HTWY CLA COM 84990175 625 400SH SOLE NONE 400
3m COMPANY COM 88579Y101 10940 102909SH SOLE NONE 102909
AT^T INC NEW COM 00206R102 11471 312633SH SOLE NONE 312633
ABBOTT LABORATORIES COM 002824100 451 12768SH SOLE NONE 12768
ABBVIE INC COM USD0.01 COM 00287Y109 11799 289337SH SOLE NONE 289337
ACCENTURE COM G1150G111 162 2136SH SOLE NONE 2136
ALBEMARLE CORP COM 12653101 245 3918SH SOLE NONE 3918
ALTRIA GROUP INC COM 02209S103 473 13760SH SOLE NONE 13760
AMERICAN EXPRESS COMPANY COM 25816109 164 2431SH SOLE NONE 2431
APPLE INC COM 37833100 1075 2429SH SOLE NONE 2429
ARCHER DANIELS MIDLND CO COM 39483102 143 4231SH SOLE NONE 4231
BAIDU COM INC ADR COM 56752108 141 1613SH SOLE NONE 1613
BANCO BILBOA ARGEN ADR COM 05946K101 218 24885SH SOLE NONE 24885
BANK OF AMERICAN CORP COM 60505104 107 8802SH SOLE NONE 8802
BAXTER INTERNATIONAL INC COM 71813109 220 3030SH SOLE NONE 3030
BEAM INC COM 73730103 127 2000SH SOLE NONE 2000
BERKSHIRE HATHAWAY CL B COM 84670207 1217 11680SH SOLE NONE 11680
BHP BILLITON LTD ADR COM 88606108 230 3367SH SOLE NONE 3367
BOEING CO COM 97023105 101 1178SH SOLE NONE 1178
BOURQUE INDUSTRIES INC COM 102100104 2 26377SH SOLE NONE 26377
Bp PLC ADR COM 55622104 186 4397SH SOLE NONE 4397
BRISTOL MYERS SQUIBB CO COM 110122108 305 7409SH SOLE NONE 7409
CATERPILLAR INC COM 149123101 801 9216SH SOLE NONE 9216
CHEVRON CORPORATION COM 166764100 11098 93402SH SOLE NONE 93402
CINCINNATI FINANCIAL Cp COM 172062101 11251 238275SH SOLE NONE 238275
CISCO SYSTEMS INC COM 17275R102 129 6154SH SOLE NONE 6154
CLOROX COMPANY COM 189054109 181 2047SH SOLE NONE 2047
CME GROUP INC CL A COM 12572Q105 172 2805SH SOLE NONE 2805
COCA COLA COMPANY COM 191216100 2000 49462SH SOLE NONE 49462
COLGATE PALMOLIVE CO COM 194162103 10722 90838SH SOLE NONE 90838
CONOCOPHILLIPS COM 20825C104 9098 151374SH SOLE NONE 151374
CONSOLIDATED EDISON INC COM 209115104 9812 160781SH SOLE NONE 160781
CORE LABORATOREISD N V COM N22717107 192 1393SH SOLE NONE 1393
CUMMINS INC COM 231021106 127 1100SH SOLE NONE 1100
DEERE & CO COM 244199105 218 2538SH SOLE NONE 2538
DIAGEO PLC NEW ADR COM 25243Q205 532 4227SH SOLE NONE 4227
DISNEY WALT CO COM 254687106 110 1933SH SOLE NONE 1933
DOLLAR GENERAL CORP COM 256677105 176 3481SH SOLE NONE 3481
DOMINION RES INC VA NEW COM 25746U109 312 5358SH SOLE NONE 5358
DU PONT E I DE NEMOUR^CO COM 263534109 10005 203521SH SOLE NONE 203521
EBAY INC COM 278642103 159 2925SH SOLE NONE 2925
EMERSON ELECTRIC CO COM 291011104 10833 193898SH SOLE NONE 193898
ENERGEN CORP COM 29265N108 3488 67067SH SOLE NONE 67067
EQUAL ENERGY LTD COM 29390Q109 202 53120SH SOLE NONE 53120
ESCO TECHNOLOGIES INC COM 296315104 106 2600SH SOLE NONE 2600
EXPRESS SCRIPTS INC COM 302182100 155 2696SH SOLE NONE 2696
EXXON MOBIL CORPORATION COM 30231G102 12741 141388SH SOLE NONE 141388
GALLAGHER ARTHUR J^CO COM 363576109 10595 256469SH SOLE NONE 256469
GENERAL ELECTRIC COMPANY COM 369604103 403 17451SH SOLE NONE 17451
GENERAL MILLS INC COM 370334104 11297 229102SH SOLE NONE 229102
GILEAD SCIENCES INC COM 375558103 197 4016SH SOLE NONE 4016
GOOGLE INC CLASS A COM 38259P508 461 581SH SOLE NONE 581
HALLIBURTON CO HOLDG COM 406216101 130 3220SH SOLE NONE 3220
HOME DEPOT INC COM 437076102 11648 166919SH SOLE NONE 166919
HUTTON TELE TRUST UNIT COM 447900101 130 35800SH SOLE NONE 35800
INTEL CORP COM 458140100 9494 434822SH SOLE NONE 434822
INTL BUSINESS MACHINES COM 459200101 947 4439SH SOLE NONE 4439
ISHARES S^P 500 VALUE COM 464287408 1298 17588SH SOLE NONE 17588
ISHARES SILVER TRUST COM 46428Q109 165 6020SH SOLE NONE 6020
JOHNSON & JOHNSON COM 478160104 851 10440SH SOLE NONE 10440
JP MORGAN CHASE CO COM 46625H100 223 4695SH SOLE NONE 4695
KELLOGG COMPANY COM 487836108 258 4000SH SOLE NONE 4000
KIMBERLY CLARK CORP COM 494368103 11008 112354SH SOLE NONE 112354
KRAFT FOODS GROUP COM 50076Q106 519 10073SH SOLE NONE 10073
LEGGETT & PLATT INC COM 524660107 9372 277449SH SOLE NONE 227449
LILLY ELI & COMPANY COM 532457108 11279 198615SH SOLE NONE 198615
LOCKHEED MARTIN CORP COM 539830109 10375 107491SH SOLE NONE 107491
MASTERCARD INC COM 57636Q104 193 357SH SOLE NONE 357
MCDONALDS CORP COM 580135101 10647 106800SH SOLE NONE 106800
MERCK & CO INC COM 589331107 1093 24722SH SOLE NONE 24722
MICROSOFT CORP COM 594918104 356 12443SH SOLE NONE 12443
MONDELEZ INTL INC CL A COM 609207105 201 6566SH SOLE NONE 6566
NESTLE S A REG B ADR COM 641069406 109 1500SH SOLE NONE 1500
NEXTERA ENERGY INC COM 65339F101 10611 136595SH SOLE NONE 136595
NORFOLK SOUTHERN CORP COM 655844108 111 1442SH SOLE NONE 1442
NORTHROP GRUMMAN CORP COM 666807102 208 2960SH SOLE NONE 2960
NOVARTIS A G SPON ADR COM 66987V109 10927 153381SH SOLE NONE 153381
NUCOR CORP COM 670346105 118 2559SH SOLE NONE 2559
NVIDIA CORP COM 67066G104 150 11713SH SOLE NONE 11713
ORACLE CORPORATION COM 68389X105 163 5037SH SOLE NONE 5037
P P G INDUSTRIES INC COM 693506107 276 2058SH SOLE NONE 2058
PAN AMERICAN SILVER CP COM 697900108 110 6685SH SOLE NONE 6685
PAYCHEX INC COM 704326107 10128 288864SH SOLE NONE 288864
PEPSICO INCORPORATED COM 713448108 11029 139413SH SOLE NONE 139413
PFIZER INCORPORATED COM 717081103 166 5743SH SOLE NONE 5743
PHILIP MORRIS INTL INC COM 718172109 1495 16130SH SOLE NONE 16130
PIMCO EXCH TRADED FD COM 72201R833 2099 20670SH SOLE NONE 20670
POWERSHARES RAFI COM 73936T763 310 14243SH SOLE NONE 14243
POWERSHARES RAFI SMALL MIDCAP COM 73935X567 350 4497SH SOLE NONE 4497
POWERSHARES RAFI LARGE CAP US COM 73935X583 878 12527SH SOLE NONE 12527
PROASSURANCE CORPORATION COM 74267C106 1555 32853SH SOLE NONE 32853
PROCTER & GAMBLE COM 742718109 10781 139903SH SOLE NONE 139903
PROTECTIVE LIFE CORP COM 743674103 524 14631SH SOLE NONE 14631
QUALCOMM INC COM 747525103 171 2552SH SOLE NONE 2552
REGIONS FINANCIAL CP NEW COM 7591EP100 701 85577SH SOLE NONE 85577
ROSS STORES INC COM 778296103 169 2787SH SOLE NONE 2787
ROYAL BK CDA MONTREAL COM 780087102 418 6926SH SOLE NONE 6926
ROYAL DUTCH SHELL A ADRF COM 780259206 9214 141408SH SOLE NONE 141408
SCANA CORPORATION NEW COM 80589M102 563 11004SH SOLE NONE 11004
SCHLUMBERGER LTD COM 806857108 506 6757SH SOLE NONE 6757
SERVISFIRST BANCSHARES COM 81768T108 495 15000SH SOLE NONE 15000
SHERWIN WILLIAMS CO COM 824348106 104 615SH SOLE NONE 615
SMITHFIELD FOODS INC COM 832248108 127 4800SH SOLE NONE 4800
SPDR BARCLAYS CAPITAL COM 78464A417 372 9043SH SOLE NONE 9043
SPDR S^P DIVIDEND ETF COM 78464A763 10677 161801SH SOLE NONE 161801
STREETTRACKS GOLD TRUST COM 863307104 1486 9619SH SOLE NONE 9619
STRYKER CORP COM 863667101 298 4568SH SOLE NONE 4568
SYNOVUS FINANCIAL CORP COM 87161C105 672 242633SH SOLE NONE 242633
T J X CO INC COM 872540109 160 3429SH SOLE NONE 3429
TARGET CORPORATION COM 87612E106 190 2777SH SOLE NONE 2777
THE SOUTHERN COMPANY COM 842587107 10948 233342SH SOLE NONE 233342
TIFFANY & CO NEW COM 886547108 105 1507SH SOLE NONE 1507
TORCHMARK CORPORATION COM 891027104 1651 27606SH SOLE NONE 27606
TUPPERWARE BRANDS COPR COM 899896104 182 2225SH SOLE NONE 2225
US BANCORP DEL NEW COM 902973304 214 6307SH SOLE NONE 6307
UNILEVER N V NY SHS NEWF COM 904784709 2573 62746SH SOLE NONE 62746
UNILEVER PLC ADR NEW COM 904767704 8005 189516SH SOLE NONE 189516
UNITED TECHNOLOGIES CORP COM 913017109 11428 122311SH SOLE NONE 122311
V F CORPORATION COM 918204108 196 1169SH SOLE NONE 1169
VANGUARD EMERGING MARKET COM 922042858 2980 69463SH SOLE NONE 69463
VERIZON COMMUNICATIONS COM 92343V104 11356 231051SH SOLE NONE 231051
VIROPHARMA INC COM 928241108 342 13600SH SOLE NONE 13600
VULCAN MATERIALS COMPANY COM 929160109 2571 49735SH SOLE NONE 49735
WADDELL REED FINL CL A COM 930059100 222 5080SH SOLE NONE 5080
WAL MART STORES INC COM 931142103 247 3299SH SOLE NONE 3299
WALGREEN COMPANY COM 931422109 329 6898SH SOLE NONE 6898
WELLS FARGO & CO NEW COM 949746101 560 15130SH SOLE NONE 15130
XCEL ENERGY INC COM 98389B100 259 8722SH SOLE NONE 8722
YUM BRANDS INC COM 988498101 404 5619SH SOLE NONE 5619
TOTAL $381155 (thousands)