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Institutional Investment Manager
Welch Group, LLC
Welch Group, LLC (CIK: 0001443095) incorporated in Alabama, located at 3940 Montclair Road, Fifth Floor, Birmingham, AL. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q4)
Original 13F HR (0001443095-15-000001) filed in 2015.01.20
#
Name
Shares
Value ($)
%
Options
Notes
1 GOOGLE INC 404 213 0.04%
2 ISHARES NASDAQ BIOTECHNOLOGY ETF 486 258 0.05%
3 SHERWIN WILLIAMS CO 615 162 0.03%
4 VISA INC 905 237 0.05%
5 Baidu Inc 946 216 0.04%
6 SHIRE PLC 992 211 0.04%
7 ACUITY BRANDS INC 1,000 140 0.03%
8 IDEXX LAB 1,000 148 0.03%
9 CUMMINS INC 1,100 159 0.03%
10 UNION PAC CORP 1,163 139 0.03%
11 ILLINOIS TOOL WKS INC 1,194 113 0.02%
12 CELGENE CORP 1,196 134 0.03%
13 SEMPRA ENERGY 1,201 134 0.03%
14 BOEING CO 1,220 159 0.03%
15 AMT 1,300 129 0.02%
16 NORFOLK SOUTHERN CORP 1,337 147 0.03%
17 TIFFANY & CO NEW 1,460 156 0.03%
18 CORE LABORATORIES N V 1,475 178 0.03%
19 Equitable Resources Inc 1,550 117 0.02%
20 NESTLE SA SPONSORED ADR REPSTG 1,741 127 0.02%
21 COMCAST CORP NEW 1,822 106 0.02%
22 CLOROX CO DEL 1,893 197 0.04%
23 Alaska Air Group Inc 2,000 120 0.02%
24 HONEYWELL INTL INC 2,000 200 0.04%
25 ANADARKO PETROLE 2,038 168 0.03%
26 CME GROUP INC 2,246 199 0.04%
27 American Intl Group 2,250 126 0.02%
28 GILEAD SCIENCES INC 2,316 218 0.04%
29 Accenture Plc 2,341 209 0.04%
30 PPG INDS INC 2,421 560 0.11%
31 ROSS STORES INC 2,422 228 0.04%
32 TUPPERWARE BRANDS CORP 2,510 158 0.03%
33 QUALCOMM INC 2,510 187 0.04%
34 SUNTRUST BKS INC 2,577 108 0.02%
35 MORGAN STANLEY 2,600 101 0.02%
36 Duke Energy Corp New 2,683 224 0.04%
37 NORTHROP GRUMMAN CORP 2,770 408 0.08%
38 XPO LOGISTICS INC 2,800 114 0.02%
39 AMERICAN EXPRESS CO 2,829 263 0.05%
40 MASTERCARD INCORPORATED 2,852 246 0.05%
41 Express Scripts, Inc. 2,902 246 0.05%
42 Albemarle Corp 2,918 175 0.03%
43 NUCOR CORP 2,925 143 0.03%
44 DOLLAR GEN CORP NEW 2,943 208 0.04%
45 DISNEY WALT CO 2,990 282 0.05%
46 Baxter Intl Inc 3,008 220 0.04%
47 TJX COS INC NEW 3,106 213 0.04%
48 DEERE & CO 3,338 295 0.06%
49 HALLIBURTON CO 3,395 134 0.03%
50 WAL-MART STORES INC 3,782 325 0.06%
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