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 Q4 2025 · Filed January 26, 2026 · Accession 0001443095-26-000001

Total Value
$2.59B
Positions
309
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (309)

#IssuerTicker / CUSIPSharesValue% of Filing
1APPLE INCAAPL375,861$102.2M3.94%
2MICROSOFT CORPMSFT206,681$100.0M3.85%
3RTX CORPORATIONRTX500,842$91.9M3.54%
4JPMORGAN CHASE & CO.VYLD281,039$90.6M3.49%
5INTERNATIONAL BUSINESS MACHSINTR291,893$86.5M3.33%
6ABBVIE INCABBV367,597$84.0M3.24%
7JOHNSON & JOHNSONJNJ380,080$78.7M3.03%
8CISCO SYS INCCSCO965,959$74.4M2.87%
9SERVISFIRST BANCSHARES INCSFBS1,003,503$72.0M2.78%
10NEXTERA ENERGY INCNEE-PW869,421$69.8M2.69%
11SOUTHERN COSOMN779,260$68.0M2.62%
12QUALCOMM INCQCOM386,404$66.1M2.55%
13EXXON MOBIL CORPXOM548,346$66.0M2.54%
14CHEVRON CORP NEWCVX429,985$65.5M2.53%
15CINCINNATI FINL CORP172062101399,079$65.2M2.51%
16TRUIST FINL CORP89832Q1091,324,063$65.2M2.51%
17MCDONALDS CORPMCD212,229$64.9M2.50%
18LOCKHEED MARTIN CORPLMT132,684$64.2M2.47%
19EMERSON ELEC COEMR479,571$63.6M2.45%
20HOME DEPOT INCHD183,438$63.1M2.43%
21GALLAGHER ARTHUR J & CO363576109229,225$59.3M2.29%
22CONSOLIDATED EDISON INCED528,169$52.5M2.02%
23PROCTER AND GAMBLE CO742718109347,845$49.8M1.92%
24PFIZER INCPFE1,982,578$49.4M1.90%
25COLGATE PALMOLIVE COCL613,176$48.5M1.87%
26VERIZON COMMUNICATIONS INCVZ1,182,228$48.2M1.86%
27PEPSICO INCPEP326,764$46.9M1.81%
28TEXAS INSTRS INC882508104263,129$45.7M1.76%
29PAYCHEX INCPAYX406,802$45.6M1.76%
30AMERICAN ELEC PWR CO INC025537101325,185$37.5M1.45%
31NVIDIA CORPORATIONNVDA176,997$33.0M1.27%
32KIMBERLY-CLARK CORPKMB324,477$32.7M1.26%
33CATERPILLAR INCCAT40,627$23.3M0.90%
34ALPHABET INCGOOG64,794$20.3M0.78%
35PIMCO ETF TR72201R585735,021$19.6M0.76%
36COCA COLA COKO273,740$19.1M0.74%
37AMAZON COM INCAMZN65,396$15.1M0.58%
38ADVANCED MICRO DEVICES INCAMD67,622$14.5M0.56%
39GOLDMAN SACHS GROUP INCGSCE16,337$14.4M0.55%
40VISA INCV39,154$13.7M0.53%
41ORACLE CORPORCL-PD68,286$13.3M0.51%
42ISHARES TR46428720019,139$13.1M0.51%
43DEERE & CODE27,013$12.6M0.48%
44BROADCOM INCAVGO33,567$11.6M0.45%
45TJX COS INC NEW87254010975,098$11.5M0.44%
46META PLATFORMS INCMETA16,525$10.9M0.42%
47BLACKSTONE INCBX66,949$10.3M0.40%
48MICRON TECHNOLOGY INCMU35,912$10.2M0.40%
49ABBOTT LABSABLZF81,285$10.2M0.39%
50MASTERCARD INCORPORATEDMA16,934$9.7M0.37%
51SPDR S&P 500 ETF TRSPY13,265$9.0M0.35%
52STRYKER CORPORATIONSYK25,297$8.9M0.34%
53ELI LILLY & COLLY7,686$8.3M0.32%
54SHERWIN WILLIAMS COSHW25,382$8.2M0.32%
55VULCAN MATLS CO92916010927,492$7.8M0.30%
56PALO ALTO NETWORKS INCPANW41,149$7.6M0.29%
57ACCENTURE PLC IRELANDACN27,045$7.3M0.28%
58AMERICAN EXPRESS COAXP18,892$7.0M0.27%
59SELECT SECTOR SPDR TR81369Y30886,675$6.7M0.26%
60CARRIER GLOBAL CORPORATIONCARR126,006$6.7M0.26%
61GLOBE LIFE INCGL-PD46,875$6.6M0.25%
62VANGUARD INDEX FDS9229083639,972$6.3M0.24%
63TARGET CORPTGT61,530$6.0M0.23%
64AFLAC INCAFL53,635$5.9M0.23%
65WALMART INCWMT50,903$5.7M0.22%
66ALPHABET INCGOOG13,073$4.1M0.16%
67REGIONS FINANCIAL CORP NEWRF-PF147,472$4.0M0.15%
68SPDR GOLD TRGLD9,639$3.8M0.15%
69ISHARES TR46428745745,614$3.8M0.15%
70VANGUARD SCOTTSDALE FDS92206C10263,425$3.7M0.14%
71MERCK & CO INCMRK34,481$3.6M0.14%
72PHILIP MORRIS INTL INC71817210921,780$3.5M0.13%
73SYNOVUS FINL CORP87161C50167,623$3.4M0.13%
74INVESCO QQQ TRIVZ4,324$2.7M0.10%
75MUELLER INDS INC62475610222,000$2.5M0.10%
76ALTRIA GROUP INCMO42,196$2.4M0.09%
77WELLS FARGO CO NEW94974610123,996$2.2M0.09%
78AT&T INCT-PC88,574$2.2M0.08%
79GENERAL MLS INC37033410445,437$2.1M0.08%
80CRANE COMPANYCR11,000$2.0M0.08%
81WELLTOWER INCWELL10,731$2.0M0.08%
82COSTCO WHSL CORP NEW22160K1052,286$2.0M0.08%
83ISHARES TR46428716813,958$2.0M0.08%
84BANK NEW YORK MELLON CORP06405810016,936$2.0M0.08%
85WASTE MGMT INC DEL94106L1098,316$1.8M0.07%
86AON PLCAON5,148$1.8M0.07%
87WORLD GOLD TRGLDW21,040$1.8M0.07%
88ISHARES SILVER TRSLV27,230$1.8M0.07%
89MODINE MFG CO60782810013,000$1.7M0.07%
90REPUBLIC SVCS INC7607591008,123$1.7M0.07%
91BANK AMERICA CORP06050510431,119$1.7M0.07%
92GENUINE PARTS COGPC13,873$1.7M0.07%
93GRACO INCGGG20,653$1.7M0.07%
94NORTHROP GRUMMAN CORPNOC2,816$1.6M0.06%
95BANCO BILBAO VIZCAYA ARGENTABBVXF68,497$1.6M0.06%
96DUKE ENERGY CORP NEWDUKB13,370$1.6M0.06%
97WATTS WATER TECHNOLOGIES INCWTS5,400$1.5M0.06%
98HONEYWELL INTL INC4385161067,579$1.5M0.06%
99TESLA INCTSLA3,212$1.4M0.06%
100TEXTRON INCTXT15,400$1.3M0.05%
101NOVARTIS AGNVSEF9,656$1.3M0.05%
102VANGUARD INDEX FDS9229087693,950$1.3M0.05%
103VANGUARD SCOTTSDALE FDS92206C7304,237$1.3M0.05%
104GATX CORPGATX7,512$1.3M0.05%
105NEWMONT CORPNEMCL12,357$1.2M0.05%
106BLACKROCK INCBLK1,139$1.2M0.05%
107OREILLY AUTOMOTIVE INC67103H10713,342$1.2M0.05%
108SELECT SECTOR SPDR TR81369Y8038,075$1.2M0.04%
109DISNEY WALT CO25468710610,128$1.2M0.04%
110STATE STR CORPSTT-PG8,683$1.1M0.04%
111CONOCOPHILLIPSCOP11,663$1.1M0.04%
112ROYAL BK CDA7800871026,403$1.1M0.04%
113ONEOK INC NEWOKE14,737$1.1M0.04%
114XYLEM INCXYL7,802$1.1M0.04%
115SPDR SERIES TRUST78468R66311,528$1.1M0.04%
116MONDELEZ INTL INC60920710519,423$1.0M0.04%
117VANGUARD WHITEHALL FDS9219464067,110$1.0M0.04%
118CHUBB LIMITEDCB3,237$1.0M0.04%
119VANGUARD STAR FDS92190976813,239$998,7510.04%
120VANECK ETF TRUST92189F6762,735$984,9560.04%
121ISHARES TR4642873097,875$970,6730.04%
122UNITED CMNTY BKS BLAIRSVLE GUNTCW31,083$970,4120.04%
123PALANTIR TECHNOLOGIES INCPLTR5,351$951,1410.04%
124NETFLIX INCNFLX9,894$927,6620.04%
125UNITED RENTALS INCURI1,129$913,7230.04%
126PACER FDS TR69374H10516,238$902,5090.03%
127NORFOLK SOUTHN CORP6558441083,123$901,6630.03%
128ATLANTA BRAVES HLDGS INCBATRB20,976$891,2710.03%
129BOEING COBA-PA4,048$878,8200.03%
130VANGUARD WORLD FD92204A7021,145$863,3950.03%
131HERC HLDGS INCHRI5,800$860,6040.03%
132ENPRO INCNPO4,000$856,5200.03%
133VANGUARD INDEX FDS9229086292,942$853,9360.03%
134EATON CORP PLCETN2,659$846,9190.03%
135VANGUARD INTL EQUITY INDEX F92204285815,611$839,2530.03%
136YUM BRANDS INCYUM5,456$825,4120.03%
137NATIONAL FUEL GAS CONFG10,108$809,2470.03%
138GENERAL DYNAMICS CORPGD2,391$804,9550.03%
139ARCOSA INCACA7,500$797,4000.03%
140ISHARES TR4642876553,135$771,7120.03%
141ISHARES TR46428781211,467$767,3510.03%
142SELECT SECTOR SPDR TR81369Y2094,818$745,8120.03%
143REAVES UTIL INCOME FD75615810119,729$721,6870.03%
144VISA INCV2,000$701,4200.03%
145VANGUARD SPECIALIZED FUNDS9219088443,157$693,8680.03%
146FLOWSERVE CORPFLS9,850$683,3930.03%
147IDEX CORP45167R1043,707$659,6240.03%
148SELECT SECTOR SPDR TR81369Y50614,613$653,3610.03%
149DIAMONDBACK ENERGY INCFANG4,341$652,6110.03%
150PNC FINL SVCS GROUP INC6934751053,118$650,8210.03%
151GE AEROSPACE3696043012,106$648,7390.03%
152SONY GROUP CORPSNEJF25,156$643,9940.02%
153MARTIN MARIETTA MATLS INC5732841061,015$632,0000.02%
154BRISTOL-MYERS SQUIBB COCELG-RI11,711$631,6980.02%
155MADISON SQUARE GRDN SPRT COR55825T1032,439$630,8480.02%
156THERMO FISHER SCIENTIFIC INCTMO1,070$620,0750.02%
157UNION PAC CORPUNP2,634$609,4000.02%
158SELECT SECTOR SPDR TR81369Y8525,084$598,4300.02%
159ARRAY DIGITAL INFRASTRUCTUREUNTCW11,000$589,8200.02%
160CAPITAL ONE FINL CORP14040H1052,426$587,9660.02%
161ENTERGY CORP NEWENO6,303$582,5870.02%
162SIMON PPTY GROUP INC NEW8288061093,116$576,7860.02%
163VANGUARD INDEX FDS9229087361,142$557,1370.02%
164ENERGY TRANSFER L PET-PI33,158$546,7770.02%
165CARDINAL HEALTH INCCAH2,660$546,6300.02%
166INTEL CORPINTC14,523$535,8990.02%
167CNH INDL N VN2094410958,118$535,8480.02%
168VANGUARD TAX-MANAGED FDS9219438588,513$531,8080.02%
169SCHWAB STRATEGIC TR80852477119,536$531,5750.02%
170CONSTELLATION ENERGY CORPCEG1,487$525,3130.02%
171GILEAD SCIENCES INCGILD4,184$513,5040.02%
172AUTOMATIC DATA PROCESSING INADP1,949$501,3610.02%
173RYMAN HOSPITALITY PPTYS INC78377T1075,250$496,7550.02%
174APPLIED MATLS INC0382221051,918$492,9380.02%
175PROASSURANCE CORPPRA20,326$491,0860.02%
176NASDAQ INCNDAQ5,029$488,4670.02%
177ZIMMER BIOMET HOLDINGS INCZBH5,350$481,1070.02%
178ISHARES TR46429B6975,104$480,5930.02%
179SCHWAB STRATEGIC TR80852472214,380$471,6630.02%
180ISHARES TR4642886613,917$467,5080.02%
181SALESFORCE INCCRM1,764$467,3020.02%
182DOMINION ENERGY INCD7,922$464,1500.02%
183FIRSTENERGY CORPFE10,365$464,0280.02%
184IDACORP INCIDA3,656$462,7040.02%
185GLOBAL PMTS INC37940X1025,835$451,6290.02%
186BOSTON SCIENTIFIC CORPBSX4,718$449,8620.02%
187UNILEVER PLCUNLYF6,838$447,2060.02%
188VALMONT INDS INC9202531011,100$442,5520.02%
189INVESCO EXCHANGE TRADED FD TIVZ9,294$436,0750.02%
190NUCOR CORPNUE2,661$434,0450.02%
191KINDER MORGAN INC DELEP-PC15,775$433,6450.02%
192VANGUARD WORLD FD9219108403,072$433,6290.02%
193NORTHERN TR CORPNTRSO3,153$430,6690.02%
194PHILLIPS 66PSX3,337$430,5700.02%
195ISHARES TR4642874654,460$428,2940.02%
196TRAVELERS COMPANIES INCTRV1,467$425,5190.02%
197MORGAN STANLEYMS-PQ2,371$420,9240.02%
198DIAGEO PLCDGEAF4,872$420,3080.02%
199ITT INCITT2,402$416,7040.02%
200LOWES COS INC5486611071,712$412,9810.02%
201ISHARES TR4642888106,630$412,0550.02%
202RENAISSANCERE HLDGS LTDRNR-PG1,450$407,6820.02%
203CRESCENT ENERGY COMPANYCRGY48,396$406,0430.02%
204EVERSOURCE ENERGYES6,023$405,5290.02%
205IRON MTN INC DEL46284V1014,781$396,5840.02%
206T ROWE PRICE ETF INC87283Q5039,238$395,2020.02%
207ENTERPRISE PRODS PARTNERS L29379210712,242$392,4860.02%
208ISHARES TR4642884489,906$390,7920.02%
209XCEL ENERGY INCXELLL5,279$389,9070.02%
210ISHARES TR4642875075,906$389,7960.02%
211ISHARES TR4642884143,629$388,7030.01%
212AMGEN INCAMGN1,182$386,9840.01%
213AZZ INCAZZ3,500$375,1300.01%
214GRIFFON CORPGFF5,000$368,2500.01%
215MARATHON PETE CORPMARA2,264$368,1950.01%
216INTUITIVE SURGICAL INCISRG639$361,9050.01%
217LAM RESEARCH CORPLRCX2,098$359,2020.01%
218ALLSTATE CORPALL-PJ1,722$358,4350.01%
219GE VERNOVA INCGEV546$356,9920.01%
220AGNICO EAGLE MINES LTDAEM2,103$356,5220.01%
221COMCAST CORP NEWCCZ11,766$351,6860.01%
222FB FINL CORP30257X1046,127$341,8870.01%
223HALLIBURTON COHAL12,081$341,3970.01%
224CROWDSTRIKE HLDGS INCCRWD724$339,3830.01%
225SENSIENT TECHNOLOGIES CORPSXT3,600$338,2200.01%
226VANGUARD WORLD FD921910816818$337,6940.01%
227POST HLDGS INCPOST3,400$336,7700.01%
228ANNALY CAPITAL MANAGEMENT INNLY-PJ14,671$328,0430.01%
229AIR PRODS & CHEMS INCAIIR1,297$320,3180.01%
230CADENCE DESIGN SYSTEM INCCDNS1,013$316,6440.01%
231WISDOMTREE TRWT2,196$316,5760.01%
232ISHARES TR464287101920$315,5330.01%
233SHOPIFY INCSHOP1,957$315,0190.01%
234L3HARRIS TECHNOLOGIES INCLHX1,068$313,5330.01%
235ROSS STORES INCROST1,739$313,2640.01%
236TRINITY INDS INC89652210911,500$304,0600.01%
237SHELL PLCRYDAF4,115$302,3910.01%
238PERMIAN BASIN RTY TR71423610617,798$301,8550.01%
239PGIM ETF TR69344A1076,043$299,6730.01%
240ISHARES GOLD TRIAU3,661$297,1640.01%
241AMERICAN COASTAL INS CORPACIC23,288$294,1280.01%
242TEGNA INC87901J10515,000$291,1500.01%
243STARBUCKS CORPSBUX3,455$290,9070.01%
244CLOROX CO DELCLX2,864$288,7780.01%
245VANGUARD INDEX FDS9229086521,365$285,4490.01%
246ISHARES TR4642878042,368$284,6420.01%
247VANECK ETF TRUST92189F1063,302$283,2350.01%
248TECK RESOURCES LTDTCKRF5,899$282,5040.01%
249CHEMED CORP NEWCHE660$282,3880.01%
250DOLLAR GEN CORP NEW2566771052,118$281,1920.01%
251J P MORGAN EXCHANGE TRADED F46641Q3992,227$274,5590.01%
252VANGUARD WORLD FD92204A3062,141$269,5950.01%
253REGENERON PHARMACEUTICALSREGN349$269,3830.01%
254INVESCO EXCH TRADED FD TR IIIVZ3,762$268,6830.01%
255PROFESIONALLY MANAGED PORTFO74316P5794,018$263,2200.01%
2563M COMMM1,634$261,5990.01%
257CRANE NXT COCXT5,500$258,8850.01%
258VANGUARD WORLD FD92204A4051,939$258,7960.01%
259ISHARES TR4642878792,270$258,1450.01%
260VANGUARD INDEX FDS9229087441,336$255,1630.01%
261J P MORGAN EXCHANGE TRADED F46641Q3324,454$254,9330.01%
262LINDE PLCLIN594$253,3450.01%
263SCHWAB STRATEGIC TR8085242019,378$252,3620.01%
264MICROCHIP TECHNOLOGY INC.MCHPP3,917$249,5920.01%
265SLB LIMITEDSLB6,499$249,4270.01%
266VANGUARD INDEX FDS922908538893$249,2730.01%
267BLUE OWL CAPITAL CORPORATIONOWL19,771$245,7490.01%
268AMEREN CORPAEE2,450$244,6570.01%
269ALLIANT ENERGY CORPLNT3,709$241,1230.01%
270LAS VEGAS SANDS CORPLVS3,704$241,1150.01%
271SMARTFINANCIAL INCSMBK6,499$240,3990.01%
272KINROSS GOLD CORPKGCRF8,499$239,3320.01%
273SPROTT ASSET MANAGEMENT LPSII9,993$236,3350.01%
274ISHARES TR4642874992,447$235,5730.01%
275MCKESSON CORPMCK287$235,4240.01%
276VANGUARD INTL EQUITY INDEX F9220427421,658$233,9330.01%
277US BANCORP DELUSB-PS4,367$233,0240.01%
278FIRST SOLAR INCFSLR890$232,4950.01%
279HANCOCK WHITNEY CORPORATIONHWCPZ3,643$231,9870.01%
280FORTUNE BRANDS INNOVATIONS IFBIN4,621$231,1430.01%
281CADENCE BANK12740C1035,371$230,0830.01%
282J P MORGAN EXCHANGE TRADED F46654Q2033,950$229,5740.01%
283MEDICAL PPTYS TRUST INC58463J30445,874$229,3700.01%
284FEDEX CORPFDX793$229,0520.01%
285INTERNATIONAL PAPER CO4601461035,804$228,6200.01%
286DELTA AIR LINES INC DELDAL3,282$227,7630.01%
287COINBASE GLOBAL INCCOIN1,000$226,1400.01%
288NVIDIA CORPORATIONNVDA1,200$223,8000.01%
289PPG INDS INC6935061072,181$223,4660.01%
290VANGUARD INDEX FDS922908751860$221,7300.01%
291RIVIAN AUTOMOTIVE INCRIVN11,076$218,3080.01%
292HUBBELL INCHUBB490$217,6140.01%
293ALIBABA GROUP HLDG LTDBBAAY1,461$214,1540.01%
294CITIGROUP INCC-PR1,833$213,9060.01%
295CAPITAL GROUP INTL FOCUS EQT14019W1097,119$210,3670.01%
296ISHARES BITCOIN TRUST ETFIBIT4,224$209,7220.01%
297PACCAR INCPCAR1,896$207,6310.01%
298VANGUARD INDEX FDS9229085532,315$204,8550.01%
299ILLINOIS TOOL WKS INC452308109829$204,1500.01%
300ZEDGE INCZDGE45,671$149,8010.01%
301SAN JUAN BASIN RTY TR79824110522,008$123,6850.00%
302AMBEV SAABEV45,491$112,3630.00%
303BITFARMS LTDBITF32,740$76,9390.00%
304MESA RTY TR59066010616,370$68,5910.00%
305GRAY MEDIA INCGTN-A12,369$59,8660.00%
306OPENDOOR TECHNOLOGIES INCOPENZ10,000$58,3000.00%
307URANIUM RTY CORP91702V10114,110$49,9500.00%
308WESTWATER RES INCWWR22,954$17,2160.00%
309CASTELLUM INCCTM10,000$9,0320.00%