Welch Group

Welch Group as of Dec. 31, 2018

Portfolio Holdings for Welch Group

Welch Group holds 144 positions in its portfolio as reported in the December 2018 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Microsoft Corporation (MSFT) 3.6 $29M 286k 101.57
McDonald's Corporation (MCD) 3.4 $27M 155k 177.57
Verizon Communications (VZ) 3.4 $27M 488k 56.22
Procter & Gamble Company (PG) 3.4 $27M 297k 91.92
Arthur J. Gallagher & Co. (AJG) 3.3 $27M 366k 73.70
Nextera Energy (NEE) 3.3 $27M 155k 173.82
Abbvie (ABBV) 3.2 $26M 286k 92.19
Intel Corporation (INTC) 3.2 $26M 556k 46.93
Cincinnati Financial Corporation (CINF) 3.2 $26M 334k 77.42
Johnson & Johnson (JNJ) 3.1 $26M 199k 129.05
Novartis (NVS) 3.1 $25M 296k 85.81
Southern Company (SO) 3.1 $25M 578k 43.92
Pepsi (PEP) 3.1 $25M 229k 110.48
Chevron Corporation (CVX) 3.1 $25M 230k 108.79
Home Depot (HD) 3.0 $25M 144k 171.82
Kimberly-Clark Corporation (KMB) 3.0 $24M 214k 113.94
Paychex (PAYX) 3.0 $24M 374k 65.15
Consolidated Edison (ED) 2.9 $24M 310k 76.46
3M Company (MMM) 2.8 $23M 121k 190.54
Lockheed Martin Corporation (LMT) 2.6 $22M 82k 261.84
Exxon Mobil Corporation (XOM) 2.6 $21M 313k 68.19
Emerson Electric (EMR) 2.6 $21M 357k 59.75
United Technologies Corporation 2.6 $21M 198k 106.48
Colgate-Palmolive Company (CL) 2.6 $21M 352k 59.52
Unilever (UL) 2.5 $21M 393k 52.25
Leggett & Platt (LEG) 2.4 $19M 534k 35.84
Ivanhoe Mines Ltd Comnpv Cl A (IVPAF) 2.3 $19M 11k 1736.64
At&t (T) 2.2 $18M 636k 28.54
iShares S&P 500 Index (IVV) 2.1 $17M 69k 251.61
General Mills (GIS) 2.0 $17M 426k 38.94
Royal Dutch Shell 1.9 $16M 260k 59.94
International Business Machines (IBM) 1.9 $15M 135k 113.67
Servisfirst Bancshares (SFBS) 0.9 $7.5M 234k 31.87
Royal Dutch Shell 0.8 $6.8M 117k 58.27
Coca-Cola Company (KO) 0.5 $4.3M 92k 47.35
Apple (AAPL) 0.5 $3.8M 24k 157.75
Torchmark Corporation 0.3 $2.7M 37k 74.54
Cisco Systems (CSCO) 0.3 $2.6M 59k 43.33
Unilever 0.3 $2.5M 47k 53.81
Pfizer (PFE) 0.3 $2.4M 56k 43.65
Synovus Financial 0.2 $2.0M 64k 31.99
Berkshire Hathaway Inc. Class B 0.2 $1.7M 8.3k 204.14
ProAssurance Corporation (PRA) 0.2 $1.7M 43k 40.55
JPMorgan Chase & Co. (JPM) 0.2 $1.6M 17k 97.64
Vanguard Total Stock Market ETF (VTI) 0.2 $1.6M 13k 127.64
Bank of America Corporation (BAC) 0.2 $1.6M 64k 24.63
Abbott Laboratories (ABT) 0.2 $1.4M 19k 72.32
Caterpillar (CAT) 0.2 $1.3M 11k 127.10
PowerShares FTSE RAFI US 1000 0.1 $1.1M 11k 101.61
Enterprise Products Partners (EPD) 0.1 $1.1M 43k 24.59
Vulcan Materials Company (VMC) 0.1 $1.0M 10k 98.85
Google 0.1 $1.0M 959.00 1044.84
Merck & Co 0.1 $743k 9.7k 76.39
Visa (V) 0.1 $734k 5.6k 131.87
Amazon (AMZN) 0.1 $749k 499.00 1501.00
Northrop Grumman Corporation (NOC) 0.1 $629k 2.6k 244.75
Regions Financial Corporation (RF) 0.1 $629k 47k 13.39
Streettracks Gold Tr gold 0.1 $675k 5.6k 121.16
Diamondback Energy (FANG) 0.1 $664k 7.2k 92.76
BP (BP) 0.1 $542k 14k 37.91
U.S. Bancorp (USB) 0.1 $607k 13k 45.66
Bristol Myers Squibb (BMY) 0.1 $576k 11k 52.00
Yum! Brands (YUM) 0.1 $572k 6.2k 91.96
Deere & Company (DE) 0.1 $584k 3.9k 149.25
Stryker Corporation (SYK) 0.1 $583k 3.7k 156.72
Oneok (OKE) 0.1 $568k 11k 53.98
Kinder Morgan (KMI) 0.1 $564k 37k 15.38
Wal-Mart Stores (WMT) 0.1 $486k 5.2k 93.10
Duke Energy Corporation 0.1 $530k 6.1k 86.26
Diageo (DEO) 0.1 $507k 3.6k 141.90
Gilead Sciences (GILD) 0.1 $487k 7.8k 62.54
Phillips 66 (PSX) 0.1 $453k 5.3k 86.24
Walt Disney Company (DIS) 0.1 $374k 3.4k 109.55
Dominion Resources (D) 0.1 $375k 5.2k 71.47
Boeing Company (BA) 0.1 $430k 1.3k 322.34
American Electric Power Company (AEP) 0.1 $410k 5.5k 74.75
Xcel Energy (XEL) 0.1 $406k 8.2k 49.27
Entergy Corporation (ETR) 0.1 $374k 4.3k 86.10
Walgreen Boots Alliance (WBA) 0.1 $384k 5.6k 68.32
Cme (CME) 0.0 $299k 1.6k 188.17
MasterCard Incorporated (MA) 0.0 $318k 1.7k 188.39
American Express Company (AXP) 0.0 $354k 3.7k 95.29
NVIDIA Corporation (NVDA) 0.0 $313k 2.3k 133.59
Sherwin-Williams Company (SHW) 0.0 $293k 744.00 393.82
Philip Morris International (PM) 0.0 $355k 5.3k 66.68
Target Corporation (TGT) 0.0 $310k 4.7k 66.13
Oracle Corporation (ORCL) 0.0 $295k 6.5k 45.13
Dollar General (DG) 0.0 $313k 2.9k 108.19
PowerShares FTSE RAFI US 1500 Small-Mid 0.0 $359k 3.2k 113.57
Vanguard Emerging Markets ETF (VWO) 0.0 $299k 7.9k 38.05
Kraft Heinz (KHC) 0.0 $318k 7.4k 43.07
Goldman Sachs (GS) 0.0 $254k 1.5k 166.78
Baxter International (BAX) 0.0 $208k 3.2k 65.86
Norfolk Southern (NSC) 0.0 $280k 1.9k 149.33
PPG Industries (PPG) 0.0 $282k 2.8k 102.06
Wells Fargo & Company (WFC) 0.0 $206k 4.5k 46.03
Automatic Data Processing (ADP) 0.0 $228k 1.7k 130.88
Ross Stores (ROST) 0.0 $254k 3.1k 83.17
Altria (MO) 0.0 $277k 5.6k 49.42
Amgen (AMGN) 0.0 $229k 1.2k 194.56
BB&T Corporation 0.0 $262k 6.0k 43.38
Schlumberger (SLB) 0.0 $231k 6.4k 36.01
iShares MSCI EAFE Index Fund (EFA) 0.0 $239k 4.1k 58.87
TJX Companies (TJX) 0.0 $257k 5.7k 44.77
Accenture 0.0 $237k 1.7k 141.07
Kellogg Company (K) 0.0 $234k 4.1k 57.02
Banco Bilbao Vizcaya Argentaria SA (BBVA) 0.0 $258k 49k 5.28
iShares S&P 500 Value Index (IVE) 0.0 $237k 2.3k 101.02
iShares Silver Trust (SLV) 0.0 $264k 18k 14.51
iShares Dow Jones Select Dividend (DVY) 0.0 $272k 3.1k 89.18
Google Inc Class C 0.0 $249k 240.00 1037.50
Dowdupont 0.0 $215k 4.0k 53.58
Comcast Corporation (CMCSA) 0.0 $124k 3.6k 34.06
iShares MSCI Emerging Markets Indx (EEM) 0.0 $182k 4.7k 39.07
Renaissance Re Holdings Ltd Cmn (RNR) 0.0 $194k 1.5k 133.79
Suntrust Banks Inc $1.00 Par Cmn 0.0 $128k 2.5k 50.31
CSX Corporation (CSX) 0.0 $196k 3.2k 62.18
Eli Lilly & Co. (LLY) 0.0 $134k 1.2k 116.02
Medtronic 0.0 $132k 1.5k 91.03
Tiffany & Co. 0.0 $128k 1.6k 80.25
Capital One Financial (COF) 0.0 $134k 1.8k 75.58
ConocoPhillips (COP) 0.0 $169k 2.7k 62.50
Honeywell International (HON) 0.0 $192k 1.5k 131.96
W. P. Carey & Co 0.0 $182k 2.8k 65.16
Fiserv (FI) 0.0 $147k 2.0k 73.50
Constellation Brands (STZ) 0.0 $138k 860.00 160.47
Micron Technology (MU) 0.0 $194k 6.1k 31.75
Albemarle Corporation (ALB) 0.0 $170k 2.2k 77.03
Rbc Cad (RY) 0.0 $134k 2.0k 68.58
Facebook Inc cl a (META) 0.0 $177k 1.4k 131.01
Smartfinancial (SMBK) 0.0 $163k 8.9k 18.29
Yum China Holdings (YUMC) 0.0 $188k 5.6k 33.61
Archer Daniels Midland Company (ADM) 0.0 $110k 2.7k 41.08
Nucor Corporation (NUE) 0.0 $114k 2.2k 51.75
UnitedHealth (UNH) 0.0 $111k 445.00 249.44
Exelon Corporation (EXC) 0.0 $113k 2.5k 44.93
Magellan Midstream Partners 0.0 $109k 1.9k 57.31
Technology SPDR (XLK) 0.0 $117k 1.9k 61.94
Schwab Strategic Tr us lrg cap etf (SCHX) 0.0 $106k 1.8k 59.72
Powershares Global Etf Trust ex us sml port 0.0 $113k 4.1k 27.61
Hutton Tele Trust 0.0 $121k 36k 3.38
Smith & Nephew Plc Shs Isin#gb0009223206 0.0 $112k 6.0k 18.74
Triad Guaranty (TGIC) 0.0 $18k 73k 0.25
Biocorrx Inc Comm 0.0 $5.0k 100k 0.05