Latest Welch Group, LLC Stock Portfolio

Welch Group, LLC Performance:

2025 Q3: 4.69%YTD: 9.1%2024: 14.74%

Performance for 2025 Q3 is 4.69%, and YTD is 9.1%, and 2024 is 14.74%.

About Welch Group, LLC and 13F Hedge Fund Stock Holdings

Welch Group, LLC is a hedge fund based in BIRMINGHAM, AL. On 19-Jul-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $2.5 Billions. In it's latest 13F Holdings report, Welch Group, LLC reported an equity portfolio of $2.6 Billions as of 30 Sep, 2025.

The top stock holdings of Welch Group, LLC are MSFT, AAPL, JPM. The fund has invested 4.2% of it's portfolio in MICROSOFT CORP and 3.8% of portfolio in APPLE INC.

The fund managers got completely rid off SCHWAB STRATEGIC TR (FNDA), WILLDAN GROUP INC (WLDN) and SMUCKER J M CO (SJM) stocks. They significantly reduced their stock positions in SPDR SERIES TRUST (BIL), AGNICO EAGLE MINES LTD and SCHWAB STRATEGIC TR (FNDA). Welch Group, LLC opened new stock positions in PALO ALTO NETWORKS INC (PANW), WORLD GOLD TR (GLDM) and VANGUARD STAR FDS (VXUS). The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD INTL EQUITY INDEX F (VEU), ZEDGE INC (ZDGE) and NORFOLK SOUTHN CORP (NSC).

Welch Group, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Welch Group, LLC made a return of 4.69% in the last quarter. In trailing 12 months, it's portfolio return was 5.59%.

New Buys

Ticker	$ Bought
palo alto networks inc	7,922,040
world gold tr	1,170,530
vanguard star fds	972,537
vanguard tax-managed fds	627,183
thermo fisher scientific inc	541,820
ishares tr	462,554
travelers companies inc	404,869
fb finl corp	341,519

New stocks bought by Welch Group, LLC

Additions

Ticker	% Inc.
vanguard intl equity index f	285
zedge inc	274
norfolk southn corp	74.71
ishares tr	59.57
ishares tr	57.41
proassurance corp	52.68
vanguard scottsdale fds	45.02
blackrock inc	41.18

Additions to existing portfolio by Welch Group, LLC

Reductions

Ticker	% Reduced
spdr series trust	-48.43
agnico eagle mines ltd	-44.42
schwab strategic tr	-21.23
vanguard specialized funds	-20.37
medical pptys trust inc	-17.42
aflac inc	-16.55
schwab strategic tr	-12.99
lowes cos inc	-11.82

Welch Group, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
bp prudhoe bay rty tr	-16,880
ampco-pittsburg corp	-228
schwab strategic tr	-310,684
southern sts bancshares inc	-224,840
willdan group inc	-250,040
graftech intl ltd	-33,305
smucker j m co	-248,326

Welch Group, LLC got rid off the above stocks

Sector Distribution

Welch Group, LLC has about 21.9% of it's holdings in Technology sector.

Sector	%
Technology	21.9
Financial Services	17.7
Industrials	13.2
Consumer Defensive	11
Healthcare	9.3
Utilities	7.7
Consumer Cyclical	6.6
Energy	5.3
Communication Services	3.4
Others	2.8

Market Cap. Distribution

Welch Group, LLC has about 92.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	56.2
MEGA-CAP	36.6
MID-CAP	4.3
UNALLOCATED	2.9

Stocks belong to which Index?

About 96.6% of the stocks held by Welch Group, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	92.9
RUSSELL 2000	3.7
Others	3.5

Top 5 Winners (%)		%
WWR	westwater res inc	57.8 %
INTC	intel corp	47.5 %
MOD	modine mfg co	44.3 %
NEM	newmont corp	43.9 %
TSLA	tesla inc	40.0 %

Top 5 Winners ($)		$
AAPL	apple inc	18.6 M
ABBV	abbvie inc	16.9 M
JNJ	johnson & johnson	12.4 M
RTX	rtx corporation	11.1 M
JPM	jpmorgan chase & co.	7.3 M

Top 5 Losers (%)		%
USM	array digital infrastructure	-21.8 %
CARR	carrier global corporation	-17.4 %
ISRG	intuitive surgical inc	-16.4 %
CNHI	cnh indl n v	-16.3 %
ACN	accenture plc ireland	-15.3 %

Top 5 Losers ($)		$
PAYX	paychex inc	-7.5 M
CL	colgate palmolive co	-7.3 M
TXN	texas instrs inc	-6.0 M
IBM	international business machs	-3.8 M
AJG	gallagher arthur j & co	-2.3 M

Welch Group, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Welch Group, LLC

Welch Group, LLC has 298 stocks in it's portfolio. About 33.1% of the portfolio is in top 10 stocks. PAYX proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Welch Group, LLC last quarter.

Last Reported on: 14 Oct, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.76	378,099	96,275,300	added	0.78

AAXJ	ishares tr	0.02	3,870	462,554	new

AAXJ	ishares tr	0.02	6,630	398,331	unchanged	0.00

ABBV	abbvie inc	3.35	370,508	85,787,500	added	0.86

ABT	abbott labs	0.41	77,565	10,389,000	added	3.54

ACA	arcosa inc	0.03	7,500	702,825	unchanged	0.00

ACN	accenture plc ireland	0.26	27,364	6,747,850	added	17.44

ADBE	adobe inc	0.01	675	238,107	added	18.84

ADP	automatic data processing in	0.02	1,912	561,191	added	23.51

AEE	ameren corp	0.01	2,410	251,556	reduced	-2.15

AEP	american elec pwr co inc	0.04	8,194	921,877	added	0.07

AFK	vaneck etf trust	0.04	2,873	937,633	added	1.38

AFK	vaneck etf trust	0.01	3,039	300,953	unchanged	0.00

AFK	vaneck etf trust	0.01	3,831	292,708	reduced	-7.89

AFL	aflac inc	0.28	65,434	7,309,010	reduced	-16.55

AFTY	pacer fds tr	0.04	16,565	907,100	added	1.19

AGNG	global x fds	0.01	6,076	289,643	unchanged	0.00

AGZD	wisdomtree tr	0.01	2,196	281,154	added	8.34

AJG	gallagher arthur j & co	2.74	226,514	70,160,400	added	1.11

ALL	allstate corp	0.01	1,747	374,994	added	9.05