Asset Manager
← All Institutions
Welch Group, LLC
3940 MONTCLAIR ROAD, FIFTH FLOOR, BIRMINGHAM, AL 35213 • 205-879-5001
Market Value
$2.6B
+7.1%
Holdings
302
+17
New Purchases
25
Added To
139
Closed
6
Reduced
50
Top 10 Concentration
33.1%
Turnover
10.3%
Top Buys (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| AAPL | 3.76% | 3.22% | +0.54% | $96M |
| ABBV | 3.35% | 2.85% | +0.50% | $86M |
| JNJ | 2.78% | 2.42% | +0.36% | $71M |
| PANW | 0.31% | 0.00% | +0.31% | $8M |
| RTX | 3.39% | 3.19% | +0.20% | $87M |
| GOOGL | 0.61% | 0.47% | +0.14% | $16M |
| ORCL | 0.74% | 0.60% | +0.14% | $19M |
| HD | 2.83% | 2.71% | +0.12% | $72M |
| CAT | 0.76% | 0.64% | +0.12% | $19M |
| NVDA | 1.33% | 1.22% | +0.11% | $34M |
| NEE | 2.57% | 2.47% | +0.10% | $66M |
| LMT | 2.55% | 2.46% | +0.09% | $65M |
| CVX | 2.59% | 2.51% | +0.08% | $66M |
| AVGO | 0.43% | 0.38% | +0.05% | $11M |
| JPM | 3.51% | 3.46% | +0.05% | $90M |
Top Sells (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| PAYX | 2.01% | 2.42% | -0.41% | $52M |
| CL | 2.14% | 2.53% | -0.39% | $55M |
| IBM | 3.32% | 3.70% | -0.38% | $85M |
| TXN | 1.85% | 2.20% | -0.35% | $47M |
| AJG | 2.74% | 3.00% | -0.26% | $70M |
| EMR | 2.47% | 2.69% | -0.22% | $63M |
| PEP | 1.81% | 2.01% | -0.20% | $46M |
| CSCO | 2.58% | 2.78% | -0.19% | $66M |
| PG | 2.07% | 2.25% | -0.18% | $53M |
| KMB | 1.83% | 1.98% | -0.15% | $47M |
| ED | 2.05% | 2.16% | -0.10% | $53M |
| SO | 2.86% | 2.95% | -0.09% | $73M |
| VZ | 2.00% | 2.08% | -0.07% | $51M |
| DE | 0.47% | 0.54% | -0.07% | $12M |
| MSFT | 4.19% | 4.26% | -0.07% | $107M |
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 | 63 | $1.3B | 49.1% |
| Large Cap | 175 | $1.2B | 46.7% |
| Mid Cap | 49 | $105M | 4.1% |
| Small Cap | 9 | $1M | 0.1% |
| Micro Cap | 6 | $374K | 0.0% |
Portfolio Analytics
Avg Market Cap
$232.6B
Median Market Cap
$62.6B
Avg P/E
31.6
Median P/E
20.8
Avg Dividend Yield
0.02%
Avg Beta
0.89
# Stocks
242
# ETFs / Funds
60
Top Holdings (302 total)
| # | Symbol | % Port | Shares | Value | Avg Price | Q/Q Value Chg | Share Chg | Chg % | Status |
|---|---|---|---|---|---|---|---|---|---|
| 1 | MSFT | 4.19% | 207,049 | $107M | $517.95 | $5M | +2,075 | +1.0% | |
| 2 | AAPL | 3.76% | 378,099 | $96M | $254.63 | $19M | +2,918 | +0.8% | |
| 3 | JPM | 3.51% | 285,172 | $90M | $315.43 | $7M | -361 | -0.1% | |
| 4 | RTX | 3.39% | 518,150 | $87M | $167.33 | $11M | -3,326 | -0.6% | |
| 5 | ABBV | 3.35% | 370,508 | $86M | $231.54 | $18M | +3,149 | +0.9% | |
| 6 | IBM | 3.32% | 301,260 | $85M | $282.16 | -$4M | +866 | +0.3% | |
| 7 | SFBS | 3.10% | 983,776 | $79M | $80.53 | $4M | +9,618 | +1.0% | |
| 8 | SO | 2.86% | 772,574 | $73M | $94.77 | $3M | +5,119 | +0.7% | |
| 9 | HD | 2.83% | 178,824 | $72M | $405.19 | $8M | +2,126 | +1.2% | |
| 10 | JNJ | 2.78% | 383,400 | $71M | $185.42 | $13M | +4,487 | +1.2% | |
| 11 | AJG | 2.74% | 226,514 | $70M | $309.74 | -$2M | +2,476 | +1.1% | |
| 12 | CVX | 2.59% | 427,227 | $66M | $155.29 | $6M | +7,347 | +1.8% | |
| 13 | CSCO | 2.58% | 966,136 | $66M | $68.42 | -$238K | +9,939 | +1.0% | |
| 14 | NEE | 2.57% | 870,827 | $66M | $75.49 | $7M | +19,990 | +2.4% | |
| 15 | LMT | 2.55% | 130,685 | $65M | $499.21 | $6M | +3,773 | +3.0% | |
| 16 | QCOM | 2.49% | 383,804 | $64M | $166.36 | $4M | +7,906 | +2.1% | |
| 17 | MCD | 2.49% | 209,774 | $64M | $303.89 | $4M | +3,770 | +1.8% | |
| 18 | CINF | 2.48% | 402,235 | $64M | $158.10 | $4M | +1,743 | +0.4% | |
| 19 | EMR | 2.47% | 482,412 | $63M | $131.18 | -$1M | -647 | -0.1% | |
| 20 | XONA.DE | 2.40% | 544,075 | $61M | $112.75 | $4M | +8,577 | +1.6% | |
| 21 | TFC | 2.34% | 1,311,936 | $60M | $45.72 | $4M | +13,101 | +1.0% | |
| 22 | CL | 2.14% | 685,785 | $55M | $79.94 | -$6M | +20,744 | +3.1% | |
| 23 | PG | 2.07% | 344,698 | $53M | $153.65 | -$855K | +6,900 | +2.0% | |
| 24 | ED | 2.05% | 522,697 | $53M | $100.52 | $961K | +8,687 | +1.7% | |
| 25 | PAYX | 2.01% | 406,394 | $52M | $126.76 | -$6M | +7,901 | +2.0% | |
| 26 | VZ | 2.00% | 1,166,318 | $51M | $43.95 | $2M | +18,384 | +1.6% | |
| 27 | PFE | 1.98% | 1,986,914 | $51M | $25.48 | $4M | +78,141 | +4.1% | |
| 28 | TXN | 1.85% | 257,192 | $47M | $183.73 | -$5M | +4,339 | +1.7% | |
| 29 | KMB | 1.83% | 376,064 | $47M | $124.34 | -$625K | +8,513 | +2.3% | |
| 30 | PEP | 1.81% | 330,181 | $46M | $140.44 | -$2M | -33,688 | -9.3% | |
| 31 | GIS | 1.62% | 822,280 | $41M | $50.42 | $1M | +44,578 | +5.7% | |
| 32 | NVDA | 1.33% | 182,318 | $34M | $186.58 | $5M | -1,773 | -1.0% | |
| 33 | CAT | 0.76% | 40,697 | $19M | $477.15 | $4M | +1,063 | +2.7% | |
| 34 | ORCL | 0.74% | 67,411 | $19M | $281.24 | $5M | +1,526 | +2.3% | |
| 35 | KO | 0.70% | 269,136 | $18M | $66.32 | -$498K | +9,819 | +3.8% | |
| 36 | GOOGL | 0.61% | 64,689 | $16M | $243.10 | $4M | +427 | +0.7% | |
| 37 | AMZN | 0.54% | 63,023 | $14M | $219.57 | $472K | +2,099 | +3.5% | |
| 38 | GS | 0.51% | 16,502 | $13M | $796.36 | $2M | +98 | +0.6% | |
| 39 | V | 0.51% | 37,881 | $13M | $341.38 | $354K | +2,456 | +6.9% | |
| 40 | IVV | 0.48% | 18,254 | $12M | $669.32 | $1M | +619 | +3.5% | |
| 41 | DE | 0.47% | 26,258 | $12M | $457.27 | -$989K | +701 | +2.7% | |
| 42 | META | 0.46% | 15,861 | $12M | $734.37 | $70K | +175 | +1.1% | |
| 43 | AMD | 0.45% | 71,260 | $12M | $161.79 | $2M | +1,173 | +1.7% | |
| 44 | AVGO | 0.43% | 33,252 | $11M | $329.91 | $2M | +690 | +2.1% | |
| 45 | BX | 0.43% | 64,041 | $11M | $170.85 | $2M | +1,400 | +2.2% | |
| 46 | TJX | 0.42% | 74,424 | $11M | $144.54 | $2M | +2,489 | +3.5% | |
| 47 | ABT | 0.41% | 77,565 | $10M | $133.94 | $200K | +2,650 | +3.5% | |
| 48 | MA | 0.36% | 16,017 | $9M | $568.83 | $397K | +510 | +3.3% | |
| 49 | SYK | 0.35% | 24,112 | $9M | $369.67 | $314K | +2,376 | +10.9% | |
| 50 | VMC | 0.33% | 27,865 | $9M | $307.62 | $1M | -125 | -0.5% | |
| 51 | SHW | 0.32% | 24,014 | $8M | $346.26 | $453K | +1,117 | +4.9% | |
| 52 | PANW | 0.31% | 38,906 | $8M | $203.62 | — | +38,906 | — | NEW |
| 53 | AFL | 0.29% | 65,434 | $7M | $111.70 | -$960K | -12,973 | -16.6% | |
| 54 | CARR | 0.27% | 117,455 | $7M | $59.70 | -$985K | +8,189 | +7.5% | |
| 55 | GL | 0.26% | 47,333 | $7M | $142.97 | $854K | -244 | -0.5% | |
| 56 | ACN | 0.26% | 27,364 | $7M | $246.60 | -$216K | +4,064 | +17.4% | |
| 57 | AXP | 0.24% | 18,866 | $6M | $332.16 | $259K | +33 | +0.2% | |
| 58 | TGT | 0.24% | 69,410 | $6M | $89.70 | $146K | +7,779 | +12.6% | |
| 59 | LLY | 0.22% | 7,514 | $6M | $763.00 | $658K | +1,004 | +15.4% | |
| 60 | VOO | 0.21% | 8,721 | $5M | $612.38 | $81K | -537 | -5.8% | |
| 61 | WMT | 0.20% | 50,486 | $5M | $103.06 | $513K | +2,516 | +5.2% | |
| 62 | RF | 0.16% | 151,408 | $4M | $26.37 | $757K | +13,852 | +10.1% | |
| 63 | SPY | 0.15% | 5,592 | $4M | $666.23 | $604K | +540 | +10.7% | |
| 64 | PM | 0.14% | 21,716 | $4M | $162.20 | -$422K | +60 | +0.3% | |
| 65 | SNV | 0.13% | 67,623 | $3M | $49.08 | -$185K | -85 | -0.1% | |
| 66 | VGSH | 0.12% | 54,347 | $3M | $58.85 | $995K | +16,871 | +45.0% | |
| 67 | SHY | 0.12% | 38,549 | $3M | $82.96 | $337K | +4,020 | +11.6% | |
| 68 | GOOG | 0.12% | 12,837 | $3M | $243.54 | $832K | -99 | -0.8% | |
| 69 | QQQ | 0.12% | 5,088 | $3M | $600.32 | $385K | +249 | +5.2% | |
| 70 | GLD | 0.12% | 8,368 | $3M | $355.47 | $553K | +424 | +5.3% | |
| 71 | MRK | 0.11% | 34,242 | $3M | $83.93 | $239K | +956 | +2.9% | |
| 72 | MO | 0.11% | 41,161 | $3M | $66.06 | $238K | -1,157 | -2.7% | |
| 73 | T | 0.10% | 93,820 | $3M | $28.24 | $185K | +8,656 | +10.2% | |
| 74 | MLI | 0.09% | 22,000 | $2M | $101.11 | $476K | — | — | |
| 75 | CR | 0.08% | 11,000 | $2M | $184.14 | -$63K | — | — | |
| 76 | WFC | 0.08% | 23,405 | $2M | $83.82 | $162K | +938 | +4.2% | |
| 77 | GPC | 0.08% | 13,858 | $2M | $138.60 | $342K | +841 | +6.5% | |
| 78 | WELL | 0.07% | 10,703 | $2M | $178.14 | $261K | — | — | |
| 79 | RSG | 0.07% | 8,123 | $2M | $229.48 | -$139K | — | — | |
| 80 | MOD | 0.07% | 13,000 | $2M | $142.16 | $568K | — | — | |
| 81 | BNY | 0.07% | 16,936 | $2M | $108.96 | $302K | — | — | |
| 82 | AON | 0.07% | 5,130 | $2M | $356.58 | -$923 | — | — | |
| 83 | WM | 0.07% | 8,281 | $2M | $220.82 | $275K | +1,491 | +22.0% | |
| 84 | NOC | 0.07% | 2,911 | $2M | $609.32 | $338K | +39 | +1.4% | |
| 85 | GGG | 0.07% | 20,653 | $2M | $84.96 | -$21K | — | — | |
| 86 | COST | 0.07% | 1,808 | $2M | $925.63 | -$64K | +53 | +3.0% | |
| 87 | BAC | 0.06% | 31,022 | $2M | $51.59 | $242K | +2,325 | +8.1% | |
| 88 | DUK | 0.06% | 12,821 | $2M | $123.75 | $123K | +421 | +3.4% | |
| 89 | WTS | 0.06% | 5,400 | $2M | $279.28 | $180K | — | — | |
| 90 | BBVA | 0.06% | 76,785 | $1M | $19.25 | $503K | +13,327 | +21.0% | |
| 91 | ORLY | 0.06% | 13,240 | $1M | $107.81 | $216K | -200 | -1.5% | |
| 92 | GATX | 0.05% | 7,512 | $1M | $174.80 | $160K | — | — | |
| 93 | TXT | 0.05% | 15,400 | $1M | $84.49 | $65K | — | — | |
| 94 | VONE | 0.05% | 4,237 | $1M | $302.35 | $91K | — | — | |
| 95 | TSLA | 0.05% | 2,871 | $1M | $444.72 | $365K | +2 | +0.1% | |
| 96 | BLK | 0.05% | 1,073 | $1M | $1,165.92 | $454K | +313 | +41.2% | |
| 97 | MDLZ | 0.05% | 19,587 | $1M | $62.47 | -$50K | +698 | +3.7% | |
| 98 | NVS | 0.05% | 9,466 | $1M | $128.24 | $68K | — | — | |
| 99 | GLDM | 0.05% | 15,311 | $1M | $76.45 | — | +15,311 | — | NEW |
| 100 | DIS | 0.04% | 10,052 | $1M | $114.50 | -$47K | +391 | +4.0% |
Options Breakdown
0 Calls
$0 Call Value
1 Puts
$683K Put Value
Top Puts
| Symbol | Shares | Value | Status |
|---|---|---|---|
| V | 2,000 | $683K |