Live Markets
Wednesday, July 29, 2026·George Town, KY·29°·Partly Cloudy
Markets Open · NYSE·Newsletter·Masthead·
VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

Welch Group, LLC

Quarter ended Q1 2023 · Filed January 30, 2023 · Accession 0001443095-23-000001

Total Value
$1.75B
Positions
219
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (219)

#IssuerTicker / CUSIPSharesValue% of Filing
1SERVISFIRST BANCSHARES INCSFBS1,340,243$92.4M5.28%
2CHEVRON CORP NEWCVX356,969$64.1M3.67%
3EXXON MOBIL CORPXOM558,802$61.6M3.53%
4ABBVIE INCABBV369,538$59.7M3.42%
5GALLAGHER ARTHUR J & CO363576109293,409$55.3M3.16%
6MICROSOFT CORPMSFT230,135$55.2M3.16%
7LOCKHEED MARTIN CORPLMT111,083$54.0M3.09%
8HOME DEPOT INCHD167,772$53.0M3.03%
9NEXTERA ENERGY INCNEE-PW624,844$52.2M2.99%
10SOUTHERN COSOMN724,902$51.8M2.96%
11PEPSICO INCPEP285,133$51.5M2.95%
12GENERAL MLS INC370334104613,047$51.4M2.94%
13JOHNSON & JOHNSONJNJ287,151$50.7M2.90%
14APPLE INCAAPL387,267$50.3M2.88%
15RAYTHEON TECHNOLOGIES CORPRTX495,699$50.0M2.86%
16MCDONALDS CORPMCD188,879$49.8M2.85%
17PROCTER AND GAMBLE CO742718109314,750$47.7M2.73%
18INTERNATIONAL BUSINESS MACHSINTR332,052$46.8M2.68%
19EMERSON ELEC COEMR483,003$46.4M2.65%
20COLGATE PALMOLIVE COCL583,533$46.0M2.63%
21PAYCHEX INCPAYX384,504$44.4M2.54%
22CONSOLIDATED EDISON INCED464,214$44.2M2.53%
23PFIZER INCPFE851,498$43.6M2.50%
24KIMBERLY-CLARK CORPKMB309,996$42.1M2.41%
25JPMORGAN CHASE & COVYLD309,585$41.5M2.37%
26UNILEVER PLCUNLYF795,474$40.1M2.29%
27CINCINNATI FINL CORP172062101384,924$39.4M2.25%
28QUALCOMM INCQCOM312,246$34.3M1.96%
29TRUIST FINL CORP89832Q109769,143$33.1M1.89%
30VERIZON COMMUNICATIONS INCVZ715,034$28.2M1.61%
31INTEL CORPINTC995,004$26.3M1.50%
32COCA COLA COKO220,455$14.0M0.80%
33ISHARES TR46428720028,660$11.0M0.63%
34CATERPILLAR INCCAT33,421$8.0M0.46%
35VANGUARD INDEX FDS92290836321,131$7.4M0.42%
36DEERE & CODE16,718$7.2M0.41%
37GLOBE LIFE INCGL-PD50,607$6.1M0.35%
38BRISTOL-MYERS SQUIBB COCELG-RI75,506$5.4M0.31%
39CISCO SYS INCCSCO111,735$5.3M0.30%
40AT&T INCT-PC282,168$5.2M0.30%
41ABBOTT LABSABLZF47,031$5.2M0.30%
42VISA INCV22,166$4.6M0.26%
43TJX COS INC NEW87254010956,247$4.5M0.26%
44VULCAN MATLS CO92916010924,901$4.4M0.25%
45ALPHABET INCGOOG48,639$4.3M0.25%
46DOLLAR GEN CORP NEW25667710517,038$4.2M0.24%
47ORACLE CORPORCL-PD51,159$4.2M0.24%
48GOLDMAN SACHS GROUP INCGSCE11,812$4.1M0.23%
49NVIDIA CORPORATIONNVDA27,517$4.0M0.23%
50ISHARES TR46428716833,288$4.0M0.23%
51MASTERCARD INCORPORATEDMA11,177$3.9M0.22%
52AMAZON COM INCAMZN45,194$3.8M0.22%
53STRYKER CORPORATIONSYK15,504$3.8M0.22%
54TARGET CORPTGT23,929$3.6M0.20%
55SHERWIN WILLIAMS COSHW14,585$3.5M0.20%
56MERCK & CO INCMRK29,785$3.3M0.19%
57ACCENTURE PLC IRELANDACN12,198$3.3M0.19%
58BLACKSTONE INCBX42,932$3.2M0.18%
59DISNEY WALT CO25468710634,780$3.0M0.17%
60SPDR SER TR78468R66331,059$2.8M0.16%
61REGIONS FINANCIAL CORP NEWRF-PF122,219$2.6M0.15%
62BANK AMERICA CORP06050510479,028$2.6M0.15%
63AFLAC INCAFL33,844$2.4M0.14%
64SPDR S&P 500 ETF TRSPY6,293$2.4M0.14%
65ISHARES TR46428745729,090$2.4M0.14%
66SYNOVUS FINL CORP87161C50162,590$2.4M0.13%
67SELECT SECTOR SPDR TR81369Y60563,180$2.2M0.12%
68LILLY ELI & COLLY5,869$2.1M0.12%
69PHILIP MORRIS INTL INC71817210920,378$2.1M0.12%
70WALMART INCWMT14,380$2.0M0.12%
71AMERICAN EXPRESS COAXP12,430$1.8M0.11%
72ALTRIA GROUP INCMO39,566$1.8M0.10%
73AON PLCAON5,690$1.7M0.10%
74DUKE ENERGY CORP NEWDUKB15,941$1.6M0.09%
75SPDR SER TR78464A8629,570$1.6M0.09%
76NORTHROP GRUMMAN CORPNOC2,770$1.5M0.09%
77GRACO INCGGG21,391$1.4M0.08%
78GENUINE PARTS COGPC8,151$1.4M0.08%
79UNITED CMNTY BKS BLAIRSVLE GUNTCW40,916$1.4M0.08%
80SELECT SECTOR SPDR TR81369Y80310,386$1.3M0.07%
81NOVARTIS AGNVSEF13,109$1.2M0.07%
82BANCO BILBAO VIZCAYA ARGENTABBVXF164,448$988,3320.06%
83ENTERPRISE PRODS PARTNERS L29379210739,957$963,7630.06%
84SPDR GOLD TRGLD5,503$933,5290.05%
85WASTE MGMT INC DEL94106L1095,925$929,5140.05%
86ALPHABET INCGOOG10,279$912,0280.05%
87MONDELEZ INTL INC60920710513,583$905,3170.05%
88CONOCOPHILLIPSCOP7,642$901,7560.05%
89WELLTOWER INCWELL13,400$878,3700.05%
90TEXAS INSTRS INC8825081045,098$842,2920.05%
91AVIDXCHANGE HOLDINGS INC05368X10280,237$797,5560.05%
92COSTCO WHSL CORP NEW22160K1051,719$784,7240.04%
93DIAGEO PLCDGEAF4,400$784,0360.04%
94VANGUARD SCOTTSDALE FDS92206C7304,495$783,2990.04%
95REPUBLIC SVCS INC7607591005,735$739,7580.04%
96SPDR SER TR78464A5408,615$703,0700.04%
97INVESCO QQQ TRIVZ2,517$670,2270.04%
98DOMINION ENERGY INCD10,911$669,0630.04%
99CRESCENT ENERGY COMPANYCRGY53,272$638,7310.04%
100YUM BRANDS INCYUM4,973$636,8910.04%
101CHUBB LIMITEDCB2,869$632,9010.04%
102HONEYWELL INTL INC4385161062,932$628,3280.04%
103VANGUARD WHITEHALL FDS9219464065,727$619,7190.04%
104ISHARES TR4642875231,775$617,6640.04%
105AMERICAN ELEC PWR CO INC0255371016,359$603,8230.03%
106ROYAL BK CDA SUSTAINABL7800871026,390$600,7880.03%
107KRAFT HEINZ COKHC14,517$591,0010.03%
108XCEL ENERGY INCXELLL7,990$560,1790.03%
109ONEOK INC NEWOKE8,482$557,2670.03%
110REAVES UTIL INCOME FD75615810119,658$555,7320.03%
111VANGUARD INDEX FDS9229086292,686$547,4700.03%
112DEVON ENERGY CORP NEW25179M1038,878$546,1120.03%
113WELLS FARGO CO NEW94974610112,998$536,6900.03%
114DOW INCDOW10,644$536,3670.03%
115NORFOLK SOUTHN CORP6558441082,166$533,6600.03%
116SELECT SECTOR SPDR TR81369Y3086,855$511,0400.03%
117SCHWAB STRATEGIC TR8085247719,434$504,1530.03%
118STARBUCKS CORPSBUX5,072$503,1330.03%
119PNC FINL SVCS GROUP INC6934751053,164$499,7220.03%
120INVESCO EXCHANGE TRADED FD TIVZ3,045$472,4320.03%
121ISHARES TR4642878044,982$471,5400.03%
122IDEX CORP45167R1042,000$456,6600.03%
123CRANE HLDGS COCXT4,500$452,0250.03%
124AUTOMATIC DATA PROCESSING INADP1,859$444,0410.03%
125SMUCKER J M CO8326964052,802$444,0020.03%
126BLACKROCK INCBLK623$441,5070.03%
127SELECT SECTOR SPDR TR81369Y5064,928$431,0520.02%
128XYLEM INCXYL3,800$420,1660.02%
129DIAMONDBACK ENERGY INCFANG3,037$415,4260.02%
130ISHARES SILVER TRSLV18,813$414,2620.02%
131ISHARES TR4642873096,830$399,5550.02%
132IDACORP INCIDA3,656$394,3000.02%
133PHILLIPS 66PSX3,725$387,6850.02%
134SONY GROUP CORPORATIONSNEJF5,075$387,1210.02%
135ISHARES TR4642874655,808$381,2370.02%
136ENTERGY CORP NEWENO3,324$373,9500.02%
137CVS HEALTH CORPCVS3,981$370,9470.02%
138PROASSURANCE CORPPRA20,855$364,3360.02%
1393M COMMM3,038$364,2580.02%
140PACCAR INCPCAR3,670$363,2200.02%
141ISHARES TR4642875071,474$356,5460.02%
142CLOROX CO DELCLX2,525$354,3330.02%
143BOEING COBA-PA1,850$352,3340.02%
144ISHARES TR4642888106,678$351,0620.02%
145MEDICAL PPTYS TRUST INC58463J30431,168$347,2100.02%
146UNION PAC CORPUNP1,665$344,7720.02%
147VANGUARD INDEX FDS9229087691,738$332,2350.02%
148STATE STR CORPSTT-PG4,198$325,6390.02%
149SOUTHERN STS BANCSHARES INCSOMN11,182$323,7190.02%
150WATTS WATER TECHNOLOGIES INCWTS2,200$321,7060.02%
151VANGUARD SPECIALIZED FUNDS9219088442,090$317,3700.02%
152GILEAD SCIENCES INCGILD3,680$315,9030.02%
153AIR PRODS & CHEMS INCAIIR1,020$314,4250.02%
154FORD MTR CO DEL34537086026,894$312,7800.02%
155ILLINOIS TOOL WKS INC4523081091,415$311,6160.02%
156VANGUARD INDEX FDS9229087511,688$309,7790.02%
157MUELLER INDS INC6247561025,250$309,7500.02%
158NASDAQ INCNDAQ4,947$303,4980.02%
159NUCOR CORPNUE2,293$302,2710.02%
160SCHWAB STRATEGIC TR8085247228,144$300,7620.02%
161US BANCORP DELUSB-PS6,826$297,6820.02%
162ARCHER DANIELS MIDLAND COADM3,203$297,3520.02%
163CNH INDL N VN2094410918,500$297,1100.02%
164WHIRLPOOL CORPWHR-PA2,100$297,0660.02%
165SIMON PPTY GROUP INC NEW8288061092,497$293,3980.02%
166VANGUARD WORLD FDS92204A702902$288,2260.02%
167TEXTRON INCTXT4,000$283,2000.02%
168MARTIN MARIETTA MATLS INC573284106831$280,8530.02%
169SELECT SECTOR SPDR TR81369Y2092,059$279,7150.02%
170KELLOGG COBEKE3,926$279,6730.02%
171WALGREENS BOOTS ALLIANCE INC9314271087,475$279,2490.02%
172GENERAL DYNAMICS CORPGD1,113$276,1460.02%
173ZIMMER BIOMET HOLDINGS INCZBH2,144$273,3720.02%
174INVESCO EXCH TRADED FD TR IIIVZ15,506$273,2160.02%
175PPG INDS INC6935061072,169$272,7300.02%
176VANGUARD WORLD FDS92204A3062,247$272,5760.02%
177RENAISSANCERE HLDGS LTDRNR-PG1,450$267,1340.02%
178SCHWAB STRATEGIC TR8085247635,659$264,3880.02%
179EATON CORP PLCETN1,681$263,8330.02%
180HERC HLDGS INCHRI2,000$263,1400.02%
181PERMIAN BASIN RTY TR71423610610,414$262,1200.01%
182MICROCHIP TECHNOLOGY INC.MCHPP3,638$255,5700.01%
183SCHLUMBERGER LTDSLB4,705$251,5180.01%
184META PLATFORMS INCMETA2,084$250,7890.01%
185VANGUARD MUN BD FDS9229077464,813$238,1950.01%
186FORTUNE BRANDS INNOVATIONS IFBIN4,121$235,3500.01%
187CONSTELLATION BRANDS INCSTZ1,008$233,6440.01%
188SHELL PLCRYDAF4,077$232,2010.01%
189IRON MTN INC DEL46284V1014,531$225,8700.01%
190RYMAN HOSPITALITY PPTYS INC78377T1072,750$224,8950.01%
191GLOBAL PMTS INC37940X1022,264$224,8600.01%
192CAPITAL ONE FINL CORP14040H1052,391$222,2670.01%
193THERMO FISHER SCIENTIFIC INCTMO403$221,9880.01%
194MORGAN STANLEYMS-PQ2,588$220,0320.01%
195KINDER MORGAN INC DELEP-PC12,140$219,4960.01%
196MICRON TECHNOLOGY INCMU4,340$216,9250.01%
197YUM CHINA HLDGS INCYUMC3,950$215,8530.01%
198TECK RESOURCES LTDTCKRF5,700$215,5740.01%
199FIRST FNDTN INC32026V10414,956$214,3190.01%
200GATX CORPGATX2,011$213,8800.01%
201ICAHN ENTERPRISES LPIEP4,071$206,1960.01%
202ANNALY CAPITAL MANAGEMENT INNLY-PJ9,747$205,4670.01%
203COMCAST CORP NEWCCZ5,871$205,3100.01%
204SCHWAB CHARLES CORPSCHW-PJ2,454$204,3420.01%
205SELECT SECTOR SPDR TR81369Y8524,246$203,7660.01%
206NIKE INCNKE1,735$203,0300.01%
207INTERNATIONAL PAPER CO4601461035,796$200,7150.01%
208INVESCO EXCH TRADED FD TR IIIVZ6,776$200,7050.01%
209LUMEN TECHNOLOGIES INCLUMN28,100$146,6820.01%
210BP PRUDHOE BAY RTY TRBPPFF10,899$126,7550.01%
211GRAFTECH INTL LTD38431350816,000$76,1600.00%
212AMBEV SAABEV14,816$40,3000.00%
213UNITED INS HLDGS CORPACIC33,497$35,5070.00%
214ALAUNOS THERAPEUTICS INCTCRT43,000$27,9110.00%
215WESTWATER RES INCWWR23,088$18,2400.00%
216BITFARMS LTDBITF32,740$14,4060.00%
217ARGO BLOCKCHAIN PLCARBK12,309$13,2940.00%
218GT BIOPHARMA INCGTBP10,000$8,8570.00%
219NORTHERN DYNASTY MINERALS LT66510M20410,000$2,2080.00%