Asset Manager
← All Institutions
Welch Group, LLC
3940 MONTCLAIR ROAD, FIFTH FLOOR, BIRMINGHAM, AL 35213 • 205-879-5001
Market Value
$2.7B
+2.5%
Holdings
325
+5
New Purchases
22
Added To
91
Closed
20
Reduced
91
Top 10 Concentration
31.9%
Turnover
12.9%
Top Buys (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| CVX | 3.35% | 2.53% | +0.82% | $89M |
| XOM | 3.35% | 2.55% | +0.80% | $89M |
| VZ | 2.27% | 1.86% | +0.42% | $60M |
| AEP | 1.86% | 1.45% | +0.41% | $49M |
| LMT | 2.88% | 2.48% | +0.40% | $77M |
| PFE | 2.27% | 1.91% | +0.37% | $60M |
| KMB | 1.62% | 1.26% | +0.36% | $43M |
| NEE | 2.98% | 2.69% | +0.29% | $79M |
| JNJ | 3.30% | 3.04% | +0.27% | $88M |
| AMAT | 0.28% | 0.02% | +0.26% | $7M |
| ED | 2.25% | 2.02% | +0.23% | $60M |
| SO | 2.84% | 2.62% | +0.22% | $76M |
| TXN | 1.95% | 1.76% | +0.19% | $52M |
| TSLA | 0.23% | 0.06% | +0.18% | $6M |
| PEP | 1.99% | 1.81% | +0.18% | $53M |
Top Sells (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| MSFT | 2.98% | 3.86% | -0.87% | $79M |
| IBM | 2.69% | 3.34% | -0.65% | $71M |
| QCOM | 2.02% | 2.55% | -0.53% | $54M |
| JPM | 3.07% | 3.49% | -0.43% | $81M |
| AAPL | 3.58% | 3.94% | -0.36% | $95M |
| ACN | 0.00% | 0.28% | -0.28% | $0 |
| ABBV | 3.00% | 3.24% | -0.25% | $80M |
| XLP | 0.02% | 0.26% | -0.24% | $573K |
| AJG | 2.06% | 2.29% | -0.23% | $55M |
| SPY | 0.13% | 0.35% | -0.22% | $3M |
| TFC | 2.30% | 2.51% | -0.21% | $61M |
| RTX | 3.36% | 3.54% | -0.18% | $89M |
| CINF | 2.35% | 2.52% | -0.17% | $62M |
| EMR | 2.30% | 2.46% | -0.16% | $61M |
| SNV | 0.00% | 0.13% | -0.13% | $0 |
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 | 66 | $1.5B | 57.6% |
| Large Cap | 198 | $1.0B | 39.0% |
| Mid Cap | 44 | $89M | 3.3% |
| Small Cap | 9 | $2M | 0.1% |
| Micro Cap | 8 | $703K | 0.0% |
Portfolio Analytics
Avg Market Cap
$220.5B
Median Market Cap
$60.6B
Avg P/E
33.6
Median P/E
23.2
Avg Dividend Yield
0.02%
Avg Beta
0.90
# Stocks
246
# ETFs / Funds
79
Top Holdings (325 total)
| # | Symbol | % Port | Shares | Value | Avg Price | Q/Q Value Chg | Share Chg | Chg % | Status |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AAPL | 3.58% | 375,212 | $95M | $253.79 | -$7M | -649 | -0.2% | |
| 2 | RTX | 3.36% | 463,345 | $89M | $192.90 | -$2M | -37,497 | -7.5% | |
| 3 | CVX | 3.35% | 430,312 | $89M | $206.90 | $23M | +327 | +0.1% | |
| 4 | XOM | 3.35% | 524,383 | $89M | $169.66 | $23M | -23,963 | -4.4% | |
| 5 | JNJ | 3.30% | 359,007 | $88M | $244.44 | $9M | -21,073 | -5.5% | |
| 6 | JPM | 3.07% | 277,004 | $81M | $294.16 | -$9M | -4,035 | -1.4% | |
| 7 | ABBV | 3.00% | 365,933 | $80M | $217.49 | -$4M | -1,664 | -0.5% | |
| 8 | MSFT | 2.98% | 214,123 | $79M | $370.17 | -$21M | +7,442 | +3.6% | |
| 9 | NEE | 2.98% | 852,934 | $79M | $92.88 | $9M | -16,487 | -1.9% | |
| 10 | LMT | 2.88% | 126,656 | $77M | $604.39 | $12M | -6,028 | -4.5% | |
| 11 | SO | 2.84% | 782,791 | $76M | $96.52 | $8M | +3,531 | +0.5% | |
| 12 | CSCO | 2.77% | 946,955 | $73M | $77.59 | -$934K | -19,004 | -2.0% | |
| 13 | IBM | 2.69% | 294,802 | $71M | $242.39 | -$15M | +2,909 | +1.0% | |
| 14 | SFBS | 2.68% | 975,931 | $71M | $72.83 | -$964K | -27,572 | -2.8% | |
| 15 | MCD | 2.52% | 215,074 | $67M | $310.79 | $2M | +2,845 | +1.3% | |
| 16 | HD | 2.36% | 190,518 | $63M | $328.89 | -$462K | +7,080 | +3.9% | |
| 17 | CINF | 2.35% | 396,491 | $62M | $157.35 | -$3M | -2,588 | -0.7% | |
| 18 | TFC | 2.30% | 1,329,163 | $61M | $45.97 | -$4M | +5,100 | +0.4% | |
| 19 | EMR | 2.30% | 466,282 | $61M | $131.02 | -$3M | -13,289 | -2.8% | |
| 20 | VZ | 2.27% | 1,203,860 | $60M | $50.20 | $12M | +21,632 | +1.8% | |
| 21 | PFE | 2.27% | 2,148,091 | $60M | $28.08 | $11M | +165,513 | +8.3% | |
| 22 | ED | 2.25% | 529,096 | $60M | $113.18 | $7M | +927 | +0.2% | |
| 23 | AJG | 2.06% | 253,012 | $55M | $216.58 | -$5M | +23,787 | +10.4% | |
| 24 | QCOM | 2.02% | 417,596 | $54M | $128.78 | -$12M | +31,192 | +8.1% | |
| 25 | PG | 2.01% | 370,354 | $53M | $144.44 | $4M | +22,509 | +6.5% | |
| 26 | CL | 2.01% | 626,828 | $53M | $85.23 | $5M | +13,652 | +2.2% | |
| 27 | PEP | 1.99% | 339,979 | $53M | $155.29 | $6M | +13,215 | +4.0% | |
| 28 | TXN | 1.95% | 267,292 | $52M | $194.14 | $6M | +4,163 | +1.6% | |
| 29 | AEP | 1.86% | 376,452 | $49M | $131.08 | $12M | +51,267 | +15.8% | |
| 30 | PAYX | 1.68% | 484,448 | $45M | $92.12 | -$1M | +77,646 | +19.1% | |
| 31 | KMB | 1.62% | 447,054 | $43M | $96.47 | $10M | +122,577 | +37.8% | |
| 32 | NVDA | 1.16% | 176,675 | $31M | $174.40 | -$2M | -322 | -0.2% | |
| 33 | CAT | 1.04% | 39,108 | $28M | $708.47 | $4M | -1,519 | -3.7% | |
| 34 | KO | 0.78% | 273,685 | $21M | $76.05 | $2M | -55 | -0.0% | |
| 35 | PYLD | 0.75% | 758,878 | $20M | $26.20 | $272K | +23,857 | +3.2% | |
| 36 | GOOGL | 0.69% | 63,649 | $18M | $287.56 | -$2M | -1,145 | -1.8% | |
| 37 | DE | 0.57% | 27,061 | $15M | $563.30 | $3M | +48 | +0.2% | |
| 38 | AMZN | 0.53% | 67,464 | $14M | $208.27 | -$1M | +2,068 | +3.2% | |
| 39 | AMD | 0.51% | 66,951 | $14M | $203.43 | -$862K | -671 | -1.0% | |
| 40 | GS | 0.51% | 16,006 | $14M | $846.00 | -$819K | -331 | -2.0% | |
| 41 | V | 0.47% | 40,998 | $12M | $302.24 | -$1M | +1,844 | +4.7% | |
| 42 | MU | 0.46% | 35,957 | $12M | $337.84 | $2M | +45 | +0.1% | |
| 43 | TJX | 0.45% | 75,257 | $12M | $159.70 | $483K | +159 | +0.2% | |
| 44 | IVV | 0.45% | 18,252 | $12M | $653.22 | -$1M | -887 | -4.6% | |
| 45 | ORCL | 0.41% | 74,617 | $11M | $147.11 | -$2M | +6,331 | +9.3% | |
| 46 | AVGO | 0.39% | 33,634 | $10M | $309.51 | -$1M | +67 | +0.2% | |
| 47 | META | 0.37% | 17,407 | $10M | $572.14 | -$949K | +882 | +5.3% | |
| 48 | TGT | 0.36% | 79,640 | $10M | $121.20 | $4M | +18,110 | +29.4% | |
| 49 | BX | 0.35% | 80,773 | $9M | $114.99 | -$1M | +13,824 | +20.6% | |
| 50 | MA | 0.34% | 18,305 | $9M | $499.67 | -$521K | +1,371 | +8.1% | |
| 51 | ABT | 0.34% | 88,991 | $9M | $102.67 | -$1M | +7,706 | +9.5% | |
| 52 | SYK | 0.33% | 26,848 | $9M | $328.59 | -$69K | +1,551 | +6.1% | |
| 53 | SHW | 0.32% | 26,902 | $9M | $320.55 | $399K | +1,520 | +6.0% | |
| 54 | CARR | 0.30% | 143,179 | $8M | $56.31 | $1M | +17,173 | +13.6% | |
| 55 | PANW | 0.30% | 49,841 | $8M | $160.32 | $411K | +8,692 | +21.1% | |
| 56 | VMC | 0.28% | 27,492 | $7M | $272.30 | -$355K | — | — | |
| 57 | AMAT | 0.28% | 21,881 | $7M | $341.79 | $7M | +19,963 | +1040.8% | |
| 58 | LLY | 0.26% | 7,649 | $7M | $919.77 | -$1M | -37 | -0.5% | |
| 59 | GL | 0.24% | 46,461 | $6M | $139.17 | -$90K | -414 | -0.9% | |
| 60 | TSLA | 0.23% | 16,721 | $6M | $371.75 | $5M | +13,509 | +420.6% | |
| 61 | WMT | 0.23% | 49,889 | $6M | $124.28 | $529K | -1,014 | -2.0% | |
| 62 | AXP | 0.22% | 18,908 | $6M | $302.48 | -$1M | +16 | +0.1% | |
| 63 | VOO | 0.20% | 8,775 | $5M | $597.58 | -$1M | -1,197 | -12.0% | |
| 64 | AFL | 0.19% | 45,336 | $5M | $109.71 | -$941K | -8,299 | -15.5% | |
| 65 | GLDM | 0.17% | 49,521 | $5M | $92.69 | $3M | +28,481 | +135.4% | |
| 66 | MRK | 0.17% | 36,783 | $4M | $120.29 | $795K | +2,302 | +6.7% | |
| 67 | NSC | 0.16% | 14,503 | $4M | $286.99 | $3M | +11,380 | +364.4% | |
| 68 | RF | 0.15% | 150,235 | $4M | $26.12 | -$72K | +2,763 | +1.9% | |
| 69 | GLD | 0.15% | 9,070 | $4M | $430.29 | $83K | -569 | -5.9% | |
| 70 | VGSH | 0.15% | 66,335 | $4M | $58.54 | $158K | +2,910 | +4.6% | |
| 71 | GOOG | 0.14% | 13,111 | $4M | $286.85 | -$341K | +38 | +0.3% | |
| 72 | PM | 0.13% | 21,466 | $4M | $165.34 | $56K | -314 | -1.4% | |
| 73 | SPY | 0.13% | 5,297 | $3M | $650.33 | -$6M | -7,968 | -60.1% | |
| 74 | MOD | 0.11% | 13,000 | $3M | $216.71 | $1M | — | — | |
| 75 | MO | 0.10% | 42,241 | $3M | $65.99 | $354K | +45 | +0.1% | |
| 76 | QQQ | 0.10% | 4,426 | $3M | $577.23 | -$102K | +102 | +2.4% | |
| 77 | T | 0.09% | 86,777 | $3M | $28.99 | $315K | -1,797 | -2.0% | |
| 78 | MLI | 0.09% | 22,000 | $2M | $110.80 | -$88K | — | — | |
| 79 | SHY | 0.09% | 29,463 | $2M | $82.57 | -$1M | -16,151 | -35.4% | |
| 80 | WELL | 0.08% | 10,731 | $2M | $197.71 | $130K | — | — | |
| 81 | COST | 0.08% | 2,029 | $2M | $996.44 | $50K | -257 | -11.2% | |
| 82 | BK | 0.08% | 16,936 | $2M | $118.63 | $43K | — | — | |
| 83 | WFC | 0.07% | 24,003 | $2M | $79.61 | -$326K | +7 | +0.0% | |
| 84 | NOC | 0.07% | 2,770 | $2M | $682.24 | $284K | -46 | -1.6% | |
| 85 | WM | 0.07% | 8,216 | $2M | $229.78 | $61K | -100 | -1.2% | |
| 86 | CR | 0.07% | 11,000 | $2M | $171.00 | -$148K | — | — | |
| 87 | RSG | 0.07% | 8,123 | $2M | $219.02 | $58K | — | — | |
| 88 | GGG | 0.07% | 20,653 | $2M | $84.65 | $55K | — | — | |
| 89 | HON | 0.06% | 7,579 | $2M | $226.03 | $234K | — | — | |
| 90 | DUK | 0.06% | 12,807 | $2M | $130.94 | $110K | -563 | -4.2% | |
| 91 | AON | 0.06% | 5,148 | $2M | $322.78 | -$155K | — | — | |
| 92 | PLTR | 0.06% | 11,002 | $2M | $146.28 | $658K | +5,651 | +105.6% | |
| 93 | WTS | 0.06% | 5,400 | $2M | $290.29 | $77K | — | — | |
| 94 | COP | 0.06% | 11,538 | $2M | $132.00 | $431K | -125 | -1.1% | |
| 95 | BAC | 0.06% | 30,511 | $1M | $48.75 | -$224K | -608 | -1.9% | |
| 96 | SLV | 0.06% | 21,791 | $1M | $68.14 | -$269K | -5,439 | -20.0% | |
| 97 | VTI | 0.06% | 4,595 | $1M | $320.79 | $150K | +645 | +16.3% | |
| 98 | IEI | 0.06% | 12,385 | $1M | $118.60 | $1M | +8,468 | +216.2% | |
| 99 | BBVA | 0.05% | 67,195 | $1M | $21.66 | -$141K | -1,302 | -1.9% | |
| 100 | NVS | 0.05% | 9,466 | $1M | $152.75 | $115K | -190 | -2.0% |
Options Breakdown
1 Calls
$0 Call Value
2 Puts
$951K Put Value