Welch Group, LLC — 13F holdings

Welch Group, LLC reported 326 holdings worth $2.93B in its 13F filing for Q2 2026, filed July 23, 2026. That's up 10.0% from $2.66B in Q1 2026, when it reported 310 holdings. Its 10 largest positions make up 30.8% of the portfolio.

Welch Group, LLC's largest positions in Q2 2026

1. AAPL APPLE INC — $108M (3.7%) · unchanged
2. CSCO CISCO SYS INC — $107M (3.6%) · cut 4%
3. ABBV ABBVIE INC — $93.5M (3.2%) · added 1%
4. JPM JPMorgan Chase & Co. — $90.6M (3.1%) · unchanged
5. JNJ Johnson & Johnson — $90.5M (3.1%) · unchanged
6. RTX RTX CORPORATION — $87.7M (3.0%) · unchanged
7. IBM INTERNATIONAL BUSINESS MACHS — $84.8M (2.9%) · added 2%
8. SFBS SERVISFIRST BANCSHARES INC — $83.3M (2.8%) · cut 2%
9. MSFT MICROSOFT CORP — $82.0M (2.8%) · added 3%
10. QCOM QUALCOMM INC — $76.3M (2.6%) · cut 1%
11. TXN TEXAS INSTRS INC — $76.2M (2.6%) · cut 4%
12. SO SOUTHERN CO — $75.4M (2.6%) · unchanged
13. NEE NEXTERA ENERGY INC — $75.3M (2.6%) · unchanged
14. CINF CINCINNATI FINL CORP — $73.3M (2.5%) · unchanged
15. CVX CHEVRON CORP NEW — $71.6M (2.4%) · unchanged
16. XOM EXXON MOBIL CORP — $71.1M (2.4%) · unchanged
17. HD HOME DEPOT INC — $70.7M (2.4%) · added 5%
18. EMR EMERSON ELEC CO — $66.8M (2.3%) · unchanged
19. TFC TRUIST FINL CORP — $66.7M (2.3%) · unchanged
20. LMT LOCKHEED MARTIN CORP — $66.4M (2.3%) · added 3%

What Welch Group, LLC bought in Q2 2026

23 new positions and 82 positions added to.

1. LLY ELI LILLY & CO — added, about $8.89M
2. PYLD PIMCO ETF TR — added, about $4.10M
3. HD HOME DEPOT INC — added, about $3.49M
4. MCD MCDONALDS CORP — added, about $2.63M
5. AMAT APPLIED MATLS INC — added, about $2.31M
6. AJG GALLAGHER ARTHUR J & CO — added, about $2.12M
7. MSFT MICROSOFT CORP — added, about $2.11M
8. PAYX Paychex Inc — added, about $1.88M
9. IBM INTERNATIONAL BUSINESS MACHS — added, about $1.86M
10. LMT LOCKHEED MARTIN CORP — added, about $1.83M

What Welch Group, LLC sold in Q2 2026

11 positions sold out and 45 reduced.

1. BITFARMS LTD — sold out, about $12.6M
2. MU MICRON TECHNOLOGY INC — cut 22%, about $9.26M
3. ABT ABBOTT LABS — cut 83%, about $6.67M
4. AMD ADVANCED MICRO DEVICES INC — cut 13%, about $5.19M
5. CSCO CISCO SYS INC — cut 4%, about $4.72M
6. TXN TEXAS INSTRS INC — cut 4%, about $3.51M
7. SFBS SERVISFIRST BANCSHARES INC — cut 2%, about $1.41M
8. CAT CATERPILLAR INC — cut 2%, about $1.01M
9. HONEYWELL INTL INC — sold out, about $848K
10. QCOM QUALCOMM INC — cut 1%, about $829K

Welch Group, LLC portfolio value by quarter

• Q2 2026: $2.93B in 326 holdings
• Q1 2026: $2.66B in 310 holdings
• Q4 2025: $2.59B in 309 holdings
• Q3 2025: $2.56B in 299 holdings
• Q2 2025: $2.39B in 281 holdings
• Q1 2025: $2.27B in 266 holdings
• Q4 2024: $2.22B in 263 holdings

What does Welch Group, LLC own?

Its largest positions in Q2 2026 were AAPL, CSCO, ABBV, JPM, JNJ, out of 326 holdings worth $2.93B.

What did Welch Group, LLC buy last quarter?

In Q2 2026 it opened 23 new positions and added to 82; the largest buys were LLY, PYLD, HD.

What did Welch Group, LLC sell last quarter?

In Q2 2026 it sold out of 11 positions and reduced 45, including BITFARMS LTD, HONEYWELL INTL INC, PROASSURANCE CORP.