Welch Group, LLC

hedge fundUpdated 51 days ago

Managed by Welch Group, Llc • Latest filing Q2 2026

Portfolio value

$2.9B

Q2 2026

Filings

13

Quarterly 13F history

Top-10 concentration

99.9%

Weight of largest holdings

Annualized return

18.9%

Implied from 13F holdings

Portfolio value history

13F-disclosed portfolio value over 13 quarters

Show data table

Period	Portfolio value
Q2 2023	$1.7B
Q3 2023	$1.7B
Q4 2023	$1.9B
Q1 2024	$2B
Q2 2024	$2.1B
Q3 2024	$2.3B
Q4 2024	$2.2B
Q1 2025	$2.3B
Q2 2025	$2.4B
Q3 2025	$2.6B
Q4 2025	$2.6B
Q1 2026	$2.7B
Q2 2026	$2.9B

Top holdings

326 positions as of Q2 2026

#	Stock	Value	Shares	% Portfolio	Change
1	A AAPL APPLE INC	$107.9M	372.8K	3.68%	Trimmed(-0.7%)
2	C CSCO CISCO SYS INC	$106.5M	906.8K	3.64%	Trimmed(-4.2%)
3	A ABBV ABBVIE INC	$93.5M	371.4K	3.19%	Added(+1.5%)
4	J JPM-PM JPMORGAN CHASE & CO	$90.6M	276.8K	3.09%	Trimmed(-0.1%)
5	J JNJ JOHNSON & JOHNSON	$90.5M	356.5K	3.09%	Trimmed(-0.7%)
6	R RTX RTX CORPORATION	$87.7M	462.0K	2.99%	Trimmed(-0.3%)
7	I IBM INTERNATIONAL BUSINESS MACHS	$84.8M	301.4K	2.89%	Added(+2.3%)
8	? N/A SERVISFIRST BANCSHARES INC	$83.3M	959.7K	2.84%	Trimmed(-1.7%)
9	M MSFT MICROSOFT CORP	$82M	219.8K	2.80%	Added(+2.6%)
10	Q QCOM QUALCOMM INC	$76.3M	413.1K	2.61%	Trimmed(-1.1%)
11	T TXN TEXAS INSTRS INC	$76.2M	255.5K	2.60%	Trimmed(-4.4%)
12	S SOMN SOUTHERN CO	$75.4M	787.8K	2.57%	Added(+0.7%)
13	N NEE-PS NEXTERA ENERGY INC	$75.3M	858.2K	2.57%	Added(+0.6%)
14	C CINF CINCINNATI FINL CORP	$73.3M	396.0K	2.50%	Trimmed(-0.1%)
15	C CVX CHEVRON CORPORATION	$71.6M	432.1K	2.45%	Added(+0.4%)
16	X XOM EXXON MOBIL CORP	$71.1M	519.7K	2.43%	Trimmed(-0.9%)
17	H HD HOME DEPOT INC	$70.7M	200.4K	2.41%	Added(+5.2%)
18	E EMR EMERSON ELEC CO	$66.8M	466.3K	2.28%	Added(+0.0%)
19	T TFC-PR TRUIST FINL CORP	$66.7M	1.34M	2.28%	Added(+0.8%)
20	L LMT LOCKHEED MARTIN CORP	$66.4M	130.2K	2.27%	Added(+2.8%)

A

APPLE INC

-0.7%

Value

$107.9M

Shares

372.8K

% Port

3.68%

C

CISCO SYS INC

-4.2%

Value

$106.5M

Shares

906.8K

% Port

3.64%

A

ABBVIE INC

+1.5%

Value

$93.5M

Shares

371.4K

% Port

3.19%

J

JPMORGAN CHASE & CO

-0.1%

Value

$90.6M

Shares

276.8K

% Port

3.09%

J

JOHNSON & JOHNSON

-0.7%

Value

$90.5M

Shares

356.5K

% Port

3.09%

R

RTX CORPORATION

-0.3%

Value

$87.7M

Shares

462.0K

% Port

2.99%

I

INTERNATIONAL BUSINESS MACHS

+2.3%

Value

$84.8M

Shares

301.4K

% Port

2.89%

?

8.N/A

SERVISFIRST BANCSHARES INC

-1.7%

Value

$83.3M

Shares

959.7K

% Port

2.84%

M

MICROSOFT CORP

+2.6%

Value

$82M

Shares

219.8K

% Port

2.80%

Q

QUALCOMM INC

-1.1%

Value

$76.3M

Shares

413.1K

% Port

2.61%

T

11.TXN

TEXAS INSTRS INC

-4.4%

Value

$76.2M

Shares

255.5K

% Port

2.60%

S

SOUTHERN CO

+0.7%

Value

$75.4M

Shares

787.8K

% Port

2.57%

N

NEXTERA ENERGY INC

+0.6%

Value

$75.3M

Shares

858.2K

% Port

2.57%

C

CINCINNATI FINL CORP

-0.1%

Value

$73.3M

Shares

396.0K

% Port

2.50%

C

15.CVX

CHEVRON CORPORATION

+0.4%

Value

$71.6M

Shares

432.1K

% Port

2.45%

X

16.XOM

EXXON MOBIL CORP

-0.9%

Value

$71.1M

Shares

519.7K

% Port

2.43%

H

17.HD

HOME DEPOT INC

+5.2%

Value

$70.7M

Shares

200.4K

% Port

2.41%

E

18.EMR

EMERSON ELEC CO

+0.0%

Value

$66.8M

Shares

466.3K

% Port

2.28%

T

TRUIST FINL CORP

+0.8%

Value

$66.7M

Shares

1.34M

% Port

2.28%

L

20.LMT

LOCKHEED MARTIN CORP

+2.8%

Value

$66.4M

Shares

130.2K

% Port

2.27%

View full portfolio (326 holdings) →

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