Asset Manager
← All Institutions
Welch Group, LLC
3940 MONTCLAIR ROAD, FIFTH FLOOR, BIRMINGHAM, AL 35213 • 205-879-5001
Market Value
$2.9B
+10.0%
Holdings
330
+1
New Purchases
23
Added To
126
Closed
10
Reduced
60
Top 10 Concentration
30.9%
Turnover
10.0%
Top Buys (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| CSCO | 3.64% | 2.76% | +0.88% | $107M |
| TXN | 2.60% | 1.95% | +0.65% | $76M |
| MU | 1.10% | 0.46% | +0.65% | $32M |
| AMD | 1.13% | 0.51% | +0.62% | $33M |
| QCOM | 2.61% | 2.02% | +0.59% | $76M |
| LLY | 0.62% | 0.26% | +0.35% | $18M |
| CAT | 1.39% | 1.04% | +0.35% | $41M |
| AMAT | 0.60% | 0.28% | +0.31% | $17M |
| PANW | 0.60% | 0.30% | +0.30% | $18M |
| IBM | 2.90% | 2.69% | +0.21% | $85M |
| ABBV | 3.20% | 2.99% | +0.20% | $93M |
| SFBS | 2.85% | 2.67% | +0.17% | $83M |
| CINF | 2.51% | 2.35% | +0.16% | $73M |
| KMB | 1.73% | 1.62% | +0.11% | $51M |
| AAPL | 3.69% | 3.58% | +0.11% | $108M |
Top Sells (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| XONA.DE | 2.43% | 3.35% | -0.92% | $71M |
| CVX | 2.45% | 3.35% | -0.90% | $72M |
| LMT | 2.27% | 2.88% | -0.61% | $66M |
| VZ | 1.74% | 2.27% | -0.53% | $51M |
| PFE | 1.81% | 2.27% | -0.46% | $53M |
| MCD | 2.08% | 2.51% | -0.44% | $61M |
| NEE | 2.58% | 2.98% | -0.40% | $75M |
| PEP | 1.60% | 1.99% | -0.38% | $47M |
| RTX | 3.00% | 3.36% | -0.36% | $88M |
| ABT | 0.05% | 0.34% | -0.30% | $1M |
| SO | 2.58% | 2.84% | -0.26% | $75M |
| ED | 2.02% | 2.25% | -0.24% | $59M |
| JNJ | 3.10% | 3.30% | -0.20% | $91M |
| MSFT | 2.80% | 2.98% | -0.18% | $82M |
| PG | 1.90% | 2.01% | -0.11% | $56M |
Sector Allocation Over Time
Industry Breakdown
| Industry | Weight |
|---|---|
| Technology | 19.7% |
| Financial Services | 19.0% |
| Industrials | 13.5% |
| Utilities | 10.2% |
| Healthcare | 9.9% |
Market Cap Concentration
| Tier | Holdings | Value | Weight |
|---|---|---|---|
| Mega Cap | 69 | $1.5B | 51.6% |
| Large Cap | 194 | $1.3B | 44.5% |
| Mid Cap | 48 | $110M | 3.8% |
| Small Cap | 11 | $2M | 0.1% |
| Micro Cap | 8 | $589K | 0.0% |
Portfolio Analytics
Avg Market Cap
$237.3B
Median Market Cap
$63.9B
Avg P/E
31.8
Median P/E
21.1
Avg Dividend Yield
0.02%
Avg Beta
0.90
# Stocks
263
# ETFs / Funds
67
Top Holdings (330 total)
| # | Symbol | % Port | Shares | Value | Avg Price | Q/Q Value Chg | Share Chg | Chg % | Status |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AAPL | 3.69% | 372,791 | $108M | $289.36 | $13M | -2,421 | -0.7% | |
| 2 | CSCO | 3.64% | 906,782 | $107M | $117.46 | $33M | -40,173 | -4.2% | |
| 3 | ABBV | 3.20% | 371,366 | $93M | $251.64 | $14M | +5,433 | +1.5% | |
| 4 | JPM | 3.10% | 276,835 | $91M | $327.33 | $9M | -169 | -0.1% | |
| 5 | JNJ | 3.10% | 356,484 | $91M | $253.97 | $3M | -2,523 | -0.7% | |
| 6 | RTX | 3.00% | 461,989 | $88M | $189.73 | -$2M | -1,356 | -0.3% | |
| 7 | IBM | 2.90% | 301,425 | $85M | $281.21 | $13M | +6,623 | +2.2% | |
| 8 | SFBS | 2.85% | 959,733 | $83M | $86.75 | $12M | -16,198 | -1.7% | |
| 9 | MSFT | 2.80% | 219,788 | $82M | $373.02 | $3M | +5,665 | +2.6% | |
| 10 | QCOM | 2.61% | 413,112 | $76M | $184.79 | $23M | -4,484 | -1.1% | |
| 11 | TXN | 2.60% | 255,512 | $76M | $298.07 | $24M | -11,780 | -4.4% | |
| 12 | SO | 2.58% | 787,841 | $75M | $95.71 | -$151K | +5,050 | +0.7% | |
| 13 | NEE | 2.58% | 858,202 | $75M | $87.77 | -$4M | +5,268 | +0.6% | |
| 14 | CINF | 2.51% | 396,011 | $73M | $185.14 | $11M | -480 | -0.1% | |
| 15 | CVX | 2.45% | 432,091 | $72M | $165.76 | -$17M | +1,779 | +0.4% | |
| 16 | XONA.DE | 2.43% | 519,749 | $71M | $136.72 | -$18M | -4,634 | -0.9% | |
| 17 | HD | 2.42% | 200,409 | $71M | $352.68 | $8M | +9,891 | +5.2% | |
| 18 | EMR | 2.28% | 466,315 | $67M | $143.15 | $6M | +33 | +0.0% | |
| 19 | TFC | 2.28% | 1,339,362 | $67M | $49.82 | $6M | +10,199 | +0.8% | |
| 20 | LMT | 2.27% | 130,241 | $66M | $509.46 | -$10M | +3,585 | +2.8% | |
| 21 | MCD | 2.08% | 224,805 | $61M | $270.31 | -$6M | +9,731 | +4.5% | |
| 22 | AJG | 2.06% | 262,241 | $60M | $229.57 | $5M | +9,229 | +3.6% | |
| 23 | ED | 2.02% | 533,029 | $59M | $110.63 | -$914K | +3,933 | +0.7% | |
| 24 | CL | 1.99% | 634,264 | $58M | $91.68 | $5M | +7,436 | +1.2% | |
| 25 | PG | 1.90% | 379,476 | $56M | $146.64 | $2M | +9,122 | +2.5% | |
| 26 | PFE | 1.81% | 2,194,625 | $53M | $24.08 | -$7M | +46,534 | +2.2% | |
| 27 | AEP | 1.80% | 384,533 | $53M | $136.81 | $3M | +8,081 | +2.1% | |
| 28 | VZ | 1.74% | 1,201,159 | $51M | $42.34 | -$10M | -2,701 | -0.2% | |
| 29 | KMB | 1.73% | 461,771 | $51M | $109.77 | $8M | +14,717 | +3.3% | |
| 30 | PAYX | 1.69% | 503,577 | $50M | $98.33 | $5M | +19,129 | +4.0% | |
| 31 | PEP | 1.60% | 346,274 | $47M | $135.40 | -$6M | +6,295 | +1.9% | |
| 32 | CAT | 1.39% | 38,163 | $41M | $1,064.91 | $13M | -945 | -2.4% | |
| 33 | NVDA | 1.19% | 174,029 | $35M | $200.09 | $4M | -2,646 | -1.5% | |
| 34 | AMD | 1.13% | 57,015 | $33M | $580.91 | $20M | -9,936 | -14.8% | |
| 35 | MU | 1.10% | 27,937 | $32M | $1,154.28 | $20M | -8,020 | -22.3% | |
| 36 | PYLD | 0.83% | 913,614 | $24M | $26.52 | $4M | +154,736 | +20.4% | |
| 37 | KO | 0.78% | 279,984 | $23M | $81.27 | $2M | +6,299 | +2.3% | |
| 38 | GOOGL | 0.77% | 63,087 | $23M | $357.37 | $4M | -562 | -0.9% | |
| 39 | LLY | 0.62% | 15,064 | $18M | $1,199.43 | $11M | +7,415 | +96.9% | |
| 40 | DE | 0.61% | 28,119 | $18M | $634.33 | $3M | +1,058 | +3.9% | |
| 41 | PANW | 0.60% | 51,532 | $18M | $341.02 | $10M | +1,691 | +3.4% | |
| 42 | AMAT | 0.60% | 24,074 | $17M | $723.01 | $10M | +2,193 | +10.0% | |
| 43 | AMZN | 0.57% | 69,670 | $17M | $238.34 | $3M | +2,206 | +3.3% | |
| 44 | GS | 0.57% | 16,363 | $17M | $1,011.39 | $3M | +357 | +2.2% | |
| 45 | V | 0.52% | 44,021 | $15M | $343.09 | $3M | +3,023 | +7.4% | |
| 46 | IVV | 0.47% | 18,233 | $14M | $748.88 | $2M | -19 | -0.1% | |
| 47 | AVGO | 0.45% | 35,018 | $13M | $377.75 | $3M | +1,384 | +4.1% | |
| 48 | TJX | 0.42% | 80,148 | $12M | $151.50 | $124K | +4,891 | +6.5% | |
| 49 | ORCL | 0.40% | 79,270 | $12M | $146.55 | $640K | +4,653 | +6.2% | |
| 50 | CARR | 0.39% | 153,645 | $11M | $73.35 | $3M | +10,466 | +7.3% | |
| 51 | META | 0.38% | 19,595 | $11M | $563.30 | $1M | +2,188 | +12.6% | |
| 52 | TGT | 0.37% | 83,809 | $11M | $130.61 | $1M | +4,169 | +5.2% | |
| 53 | MA | 0.37% | 20,831 | $11M | $513.61 | $2M | +2,526 | +13.8% | |
| 54 | SHW | 0.36% | 30,991 | $11M | $344.32 | $2M | +4,089 | +15.2% | |
| 55 | BX | 0.35% | 87,644 | $10M | $117.67 | $1M | +6,871 | +8.5% | |
| 56 | SYK | 0.35% | 32,214 | $10M | $314.84 | $1M | +5,366 | +20.0% | |
| 57 | GL | 0.28% | 45,966 | $8M | $178.68 | $2M | -495 | -1.1% | |
| 58 | VMC | 0.28% | 27,465 | $8M | $295.01 | $616K | -27 | -0.1% | |
| 59 | TSLA | 0.24% | 16,486 | $7M | $420.60 | $718K | -235 | -1.4% | |
| 60 | AXP | 0.22% | 18,908 | $6M | $338.25 | $676K | — | — | |
| 61 | VOO | 0.20% | 8,492 | $6M | $686.83 | $589K | -283 | -3.2% | |
| 62 | WMT | 0.20% | 50,675 | $6M | $113.26 | -$461K | +786 | +1.6% | |
| 63 | SPY | 0.19% | 7,346 | $5M | $746.79 | $2M | +2,049 | +38.7% | |
| 64 | MRK | 0.16% | 37,231 | $5M | $128.50 | $360K | +448 | +1.2% | |
| 65 | GOOG | 0.16% | 13,515 | $5M | $353.32 | $1M | +404 | +3.1% | |
| 66 | NSC | 0.16% | 14,552 | $5M | $314.58 | $416K | +49 | +0.3% | |
| 67 | RF | 0.16% | 150,270 | $5M | $30.20 | $614K | +35 | +0.0% | |
| 68 | GLDM | 0.15% | 56,867 | $5M | $79.42 | -$74K | +7,346 | +14.8% | |
| 69 | AFL | 0.15% | 38,442 | $5M | $117.25 | -$466K | -6,894 | -15.2% | |
| 70 | PM | 0.13% | 21,747 | $4M | $180.91 | $385K | +281 | +1.3% | |
| 71 | VGSH | 0.13% | 65,275 | $4M | $58.20 | -$84K | -1,060 | -1.6% | |
| 72 | MOD | 0.12% | 13,000 | $3M | $267.02 | $654K | — | — | |
| 73 | QQQ | 0.11% | 4,432 | $3M | $736.46 | $709K | +6 | +0.1% | |
| 74 | GLD | 0.11% | 8,625 | $3M | $368.38 | -$725K | -445 | -4.9% | |
| 75 | MO | 0.10% | 42,273 | $3M | $71.95 | $254K | +32 | +0.1% | |
| 76 | PNFP | 0.09% | 26,853 | $3M | $100.88 | -$22K | -4,849 | -15.3% | |
| 77 | MLI | 0.09% | 22,000 | $3M | $122.93 | $267K | — | — | |
| 78 | CR | 0.08% | 11,000 | $2M | $223.07 | $573K | — | — | |
| 79 | BNY | 0.08% | 16,936 | $2M | $144.61 | $440K | — | — | |
| 80 | WELL | 0.08% | 10,731 | $2M | $226.97 | $314K | — | — | |
| 81 | SHY | 0.08% | 28,930 | $2M | $82.11 | -$57K | -533 | -1.8% | |
| 82 | WTS | 0.07% | 5,400 | $2M | $391.45 | $546K | — | — | |
| 83 | WFC | 0.07% | 24,719 | $2M | $82.64 | $132K | +716 | +3.0% | |
| 84 | COST | 0.07% | 2,114 | $2M | $935.48 | -$44K | +85 | +4.2% | |
| 85 | WM | 0.06% | 8,233 | $2M | $222.87 | -$53K | +17 | +0.2% | |
| 86 | BAC | 0.06% | 31,739 | $2M | $56.98 | $321K | +1,228 | +4.0% | |
| 87 | T | 0.06% | 86,504 | $2M | $20.70 | -$725K | -273 | -0.3% | |
| 88 | SMH | 0.06% | 2,722 | $2M | $655.89 | $743K | +3 | +0.1% | |
| 89 | RSG | 0.06% | 8,141 | $2M | $213.08 | -$44K | +18 | +0.2% | |
| 90 | VTI | 0.06% | 4,621 | $2M | $370.01 | $236K | +26 | +0.6% | |
| 91 | AON | 0.06% | 5,148 | $2M | $331.69 | $46K | — | — | |
| 92 | BBVA | 0.06% | 67,195 | $2M | $25.06 | $228K | — | — | |
| 93 | DUK | 0.06% | 13,082 | $2M | $126.58 | -$21K | +275 | +2.1% | |
| 94 | GPC | 0.05% | 13,557 | $2M | $117.98 | $166K | +1 | +0.0% | |
| 95 | INTC | 0.05% | 11,284 | $2M | $139.63 | $935K | -3,232 | -22.3% | |
| 96 | GGG | 0.05% | 20,653 | $2M | $75.61 | -$187K | — | — | |
| 97 | NPO | 0.05% | 4,000 | $2M | $376.93 | $505K | — | — | |
| 98 | IEI | 0.05% | 12,500 | $1M | $117.45 | -$714 | +115 | +0.9% | |
| 99 | VONE | 0.05% | 4,222 | $1M | $338.72 | $184K | — | — | |
| 100 | TXT | 0.05% | 15,400 | $1M | $91.73 | $64K | — | — |
Options Breakdown
0 Calls
$0 Call Value
7 Puts
$4M Put Value