Welch Group

Welch Group as of Sept. 30, 2018

Portfolio Holdings for Welch Group

Welch Group holds 149 positions in its portfolio as reported in the September 2018 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Zimmer Holdings (ZBH) 8.2 $79M 600.00 131470.00
Microsoft Corporation (MSFT) 3.5 $34M 296k 114.37
Home Depot (HD) 3.1 $30M 144k 207.15
Chevron Corporation (CVX) 2.9 $28M 229k 122.28
Lockheed Martin Corporation (LMT) 2.9 $28M 81k 345.96
United Technologies Corporation 2.9 $28M 199k 139.81
Arthur J. Gallagher & Co. (AJG) 2.9 $28M 373k 74.44
Exxon Mobil Corporation (XOM) 2.9 $28M 326k 85.02
Paychex (PAYX) 2.9 $28M 374k 73.65
Johnson & Johnson (JNJ) 2.9 $27M 199k 138.17
Emerson Electric (EMR) 2.8 $27M 356k 76.58
Abbvie (ABBV) 2.8 $27M 282k 94.58
Intel Corporation (INTC) 2.8 $27M 562k 47.29
Verizon Communications (VZ) 2.8 $27M 496k 53.39
Nextera Energy (NEE) 2.8 $26M 157k 167.60
McDonald's Corporation (MCD) 2.7 $26M 156k 167.29
Cincinnati Financial Corporation (CINF) 2.7 $26M 334k 76.81
Southern Company (SO) 2.7 $26M 585k 43.60
Pepsi (PEP) 2.6 $25M 227k 111.80
Novartis (NVS) 2.6 $25M 292k 86.16
3M Company (MMM) 2.6 $25M 118k 210.71
Kimberly-Clark Corporation (KMB) 2.6 $25M 218k 113.64
Procter & Gamble Company (PG) 2.6 $25M 298k 83.23
International Business Machines (IBM) 2.5 $24M 160k 151.21
At&t (T) 2.5 $24M 708k 33.58
Colgate-Palmolive Company (CL) 2.5 $24M 355k 66.95
Leggett & Platt (LEG) 2.4 $23M 535k 43.79
Consolidated Edison (ED) 2.4 $23M 305k 76.19
Unilever (UL) 2.2 $22M 393k 54.97
General Mills (GIS) 2.2 $21M 485k 42.92
Royal Dutch Shell 1.9 $18M 258k 70.93
Biocorrx Inc Comm 1.0 $10M 100k 100.00
Spdr S&p 500 Etf (SPY) 0.9 $9.0M 31k 290.74
Servisfirst Bancshares (SFBS) 0.9 $8.5M 216k 39.15
Royal Dutch Shell 0.8 $8.0M 117k 68.14
Apple (AAPL) 0.6 $5.4M 24k 225.74
Coca-Cola Company (KO) 0.4 $4.2M 91k 46.19
Torchmark Corporation 0.3 $3.2M 37k 86.68
Synovus Financial 0.3 $3.1M 68k 45.79
Cisco Systems (CSCO) 0.3 $2.8M 58k 48.65
Unilever 0.3 $2.6M 47k 55.55
Pfizer (PFE) 0.3 $2.5M 56k 44.07
ProAssurance Corporation (PRA) 0.2 $2.0M 43k 46.95
Bank of America Corporation (BAC) 0.2 $1.9M 64k 29.46
Schwab Strategic Tr us lrg cap etf (SCHX) 0.2 $1.9M 27k 69.55
JPMorgan Chase & Co. (JPM) 0.2 $1.9M 17k 112.82
Berkshire Hathaway Inc. Class B 0.2 $1.7M 8.0k 214.05
Caterpillar (CAT) 0.2 $1.6M 11k 152.52
Abbott Laboratories (ABT) 0.1 $1.3M 18k 73.36
Enterprise Products Partners (EPD) 0.1 $1.2M 43k 28.74
Google 0.1 $1.1M 941.00 1207.23
Vulcan Materials Company (VMC) 0.1 $955k 8.6k 111.15
Energen Corporation 0.1 $958k 11k 86.19
Northrop Grumman Corporation (NOC) 0.1 $816k 2.6k 317.51
Regions Financial Corporation (RF) 0.1 $862k 47k 18.35
Amazon (AMZN) 0.1 $861k 430.00 2002.33
Visa (V) 0.1 $798k 5.3k 150.08
BP (BP) 0.1 $659k 14k 46.10
U.S. Bancorp (USB) 0.1 $654k 12k 52.78
Merck & Co 0.1 $683k 9.6k 70.97
Bristol Myers Squibb (BMY) 0.1 $700k 11k 62.08
Streettracks Gold Tr gold 0.1 $634k 5.6k 112.79
Oneok (OKE) 0.1 $713k 11k 67.76
NVIDIA Corporation (NVDA) 0.1 $570k 2.0k 281.07
Yum! Brands (YUM) 0.1 $565k 6.2k 90.84
Deere & Company (DE) 0.1 $531k 3.5k 150.21
Stryker Corporation (SYK) 0.1 $596k 3.4k 177.59
Kinder Morgan (KMI) 0.1 $608k 34k 17.72
Phillips 66 (PSX) 0.1 $592k 5.3k 112.70
Dowdupont 0.1 $569k 8.8k 64.35
Goldman Sachs (GS) 0.1 $447k 2.0k 224.06
Wal-Mart Stores (WMT) 0.1 $490k 5.2k 93.87
Duke Energy Corporation 0.1 $492k 6.1k 80.08
Boeing Company (BA) 0.1 $499k 1.3k 371.83
Diageo (DEO) 0.1 $506k 3.6k 141.62
Philip Morris International (PM) 0.1 $437k 5.4k 81.45
Schlumberger (SLB) 0.1 $518k 8.5k 60.98
Gilead Sciences (GILD) 0.1 $518k 6.7k 77.21
PowerShares FTSE RAFI US 1000 0.1 $488k 11k 43.39
Walt Disney Company (DIS) 0.0 $400k 3.4k 117.10
Dominion Resources (D) 0.0 $369k 5.2k 70.33
Sherwin-Williams Company (SHW) 0.0 $339k 744.00 455.65
Altria (MO) 0.0 $343k 5.7k 60.38
Target Corporation (TGT) 0.0 $363k 4.1k 88.24
American Electric Power Company (AEP) 0.0 $389k 5.5k 70.92
Xcel Energy (XEL) 0.0 $389k 8.2k 47.21
Entergy Corporation (ETR) 0.0 $352k 4.3k 81.03
Energy Transfer Partners 0.0 $362k 16k 22.24
Rbc Cad (RY) 0.0 $370k 4.6k 80.12
PowerShares FTSE RAFI US 1500 Small-Mid 0.0 $403k 2.8k 142.25
Walgreen Boots Alliance (WBA) 0.0 $410k 5.6k 72.94
Kraft Heinz (KHC) 0.0 $391k 7.1k 55.11
MasterCard Incorporated (MA) 0.0 $327k 1.5k 222.60
American Express Company (AXP) 0.0 $335k 3.1k 106.59
Baxter International (BAX) 0.0 $244k 3.2k 77.26
Norfolk Southern (NSC) 0.0 $275k 1.5k 180.80
PPG Industries (PPG) 0.0 $307k 2.8k 109.02
Automatic Data Processing (ADP) 0.0 $262k 1.7k 150.40
Ross Stores (ROST) 0.0 $255k 2.6k 98.99
Amgen (AMGN) 0.0 $244k 1.2k 207.31
BB&T Corporation 0.0 $290k 6.0k 48.50
iShares MSCI EAFE Index Fund (EFA) 0.0 $276k 4.1k 67.98
TJX Companies (TJX) 0.0 $280k 2.5k 112.04
Kellogg Company (K) 0.0 $287k 4.1k 69.95
Oracle Corporation (ORCL) 0.0 $272k 5.3k 51.50
Micron Technology (MU) 0.0 $276k 6.1k 45.17
Banco Bilbao Vizcaya Argentaria SA (BBVA) 0.0 $308k 49k 6.31
iShares S&P 500 Value Index (IVE) 0.0 $272k 2.3k 115.94
Dollar General (DG) 0.0 $268k 2.5k 109.21
iShares Silver Trust (SLV) 0.0 $250k 18k 13.74
iShares Dow Jones Select Dividend (DVY) 0.0 $304k 3.1k 99.67
Vanguard Emerging Markets ETF (VWO) 0.0 $315k 7.7k 40.97
Facebook Inc cl a (META) 0.0 $251k 1.5k 164.27
Google Inc Class C 0.0 $282k 236.00 1194.92
Cme (CME) 0.0 $228k 1.3k 170.15
Suntrust Banks Inc $1.00 Par Cmn 0.0 $163k 2.4k 66.75
CSX Corporation (CSX) 0.0 $233k 3.2k 73.92
Archer Daniels Midland Company (ADM) 0.0 $146k 2.9k 50.38
Wells Fargo & Company (WFC) 0.0 $237k 4.5k 52.65
Tiffany & Co. 0.0 $205k 1.6k 129.17
Capital One Financial (COF) 0.0 $168k 1.8k 94.75
ConocoPhillips (COP) 0.0 $209k 2.7k 77.29
iShares S&P 500 Index (IVV) 0.0 $235k 803.00 292.65
Accenture 0.0 $238k 1.4k 170.37
Fiserv (FI) 0.0 $165k 2.0k 82.50
Constellation Brands (STZ) 0.0 $185k 860.00 215.12
Plains All American Pipeline (PAA) 0.0 $162k 6.5k 24.94
Albemarle Corporation (ALB) 0.0 $220k 2.2k 99.68
Smartfinancial (SMBK) 0.0 $224k 9.5k 23.58
Yum China Holdings (YUMC) 0.0 $196k 5.6k 35.04
Comcast Corporation (CMCSA) 0.0 $129k 3.6k 35.43
Costco Wholesale Corporation (COST) 0.0 $124k 528.00 234.85
Eli Lilly & Co. (LLY) 0.0 $123k 1.1k 107.24
Nucor Corporation (NUE) 0.0 $140k 2.2k 63.55
Medtronic 0.0 $143k 1.5k 98.62
Halliburton Company (HAL) 0.0 $131k 3.2k 40.68
Honeywell International (HON) 0.0 $108k 651.00 165.90
UnitedHealth (UNH) 0.0 $115k 432.00 266.20
Exelon Corporation (EXC) 0.0 $110k 2.5k 43.74
W. P. Carey & Co 0.0 $121k 1.9k 64.36
Skyworks Solutions (SWKS) 0.0 $113k 1.2k 90.98
Magellan Midstream Partners 0.0 $129k 1.9k 67.82
SPDR KBW Regional Banking (KRE) 0.0 $107k 1.8k 59.21
Powershares Global Etf Trust ex us sml port 0.0 $134k 4.1k 32.74
Huntington Ingalls Inds (HII) 0.0 $110k 428.00 257.01
Hutton Tele Trust 0.0 $132k 36k 3.69
Westrock (WRK) 0.0 $129k 2.4k 53.31
Smith & Nephew Plc Shs Isin#gb0009223206 0.0 $135k 7.4k 18.35
Ivanhoe Mines Ltd Comnpv Cl A (IVPAF) 0.0 $23k 11k 2.09