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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 INTEL CORP 486,513 17,656 3.41%
2 AT&T INC 435,276 14,621 2.82%
3 LEGGETT &PLATT INC 402,245 17,140 3.31%
4 SOUTHERN CO 340,994 16,746 3.23%
5 PAYCHEX INC 324,449 14,980 2.89%
6 VERIZON COMMUNICATIONS INC 299,950 14,032 2.71%
7 GALLAGHER ARTHUR J & CO 296,753 13,971 2.69%
8 CINCINNATI FINL CORP 284,065 14,723 2.84%
9 UNILEVER PLC 271,812 11,003 2.12%
10 GENERAL MLS INC 268,765 14,333 2.76%
11 ABBVIE INC 259,429 16,977 3.27%
12 CONSOLIDATED EDISON INC 237,061 15,648 3.02%
13 EMERSON ELEC CO 221,708 13,686 2.64%
14 DU PONT E I DE NEMOURS & CO 214,868 15,887 3.06%
15 COLGATE PALMOLIVE CO 213,207 14,752 2.85%
16 CONOCOPHILLIPS 195,837 13,524 2.61%
17 EXXON MOBIL CORP 180,516 16,689 3.22%
18 PROCTER AND GAMBLE CO 172,936 15,753 3.04%
19 HOME DEPOT INC 169,085 17,749 3.42%
20 PEPSICO INC 164,048 15,512 2.99%
21 NOVARTIS A G 159,463 14,776 2.85%
22 NEXTERA ENERGY INC 152,493 16,208 3.13%
23 JOHNSON & JOHNSON 148,959 15,577 3.00%
24 MCDONALDS CORP 143,304 13,428 2.59%
25 UNITED TECHNOLOGIES CORP 132,302 15,215 2.93%
26 KIMBERLY CLARK CORP 129,365 14,947 2.88%
27 CHEVRON CORP NEW 125,912 14,125 2.72%
28 ServisFirst Bancshares Inc 122,557 4,038 0.78%
29 ROYAL DUTCH SHELL PLC 118,881 7,959 1.54%
30 3M CO 99,643 16,373 3.16%
31 LOCKHEED MARTIN CORP 89,137 17,165 3.31%
32 REGIONS FINANCIAL CORP NEW 77,103 814 0.16%
33 ROYAL DUTCH SHELL PLC 70,664 4,915 0.95%
34 COCA COLA CO 59,627 2,517 0.49%
35 UNILEVER N V 58,259 2,274 0.44%
36 VULCAN MATLS CO 50,584 3,325 0.64%
37 PIMCO ETF TR 42,201 4,265 0.82%
38 TORCHMARK CORP COM 42,091 2,280 0.44%
39 SYNOVUS FINL CORP 34,848 944 0.18%
40 PROASSURANCE CORP COM 26,633 1,202 0.23%
41 ZIOPHARM ONCOLOGY INC 23,752 120 0.02%
42 ISHARES SILVER TR 23,437 353 0.07%
43 KINDER MORGAN INC DEL 22,795 964 0.19%
44 POWERSHARES QQQ TRUST 22,562 2,330 0.45%
45 BANCO BILBAO VIZCAYA ARGENTA 20,832 196 0.04%
46 GENERAL ELECTRIC CO 20,775 525 0.10%
47 ENERGEN CORP COM 20,556 1,311 0.25%
48 ISHARES TR 19,742 2,362 0.46%
49 Merck & Co., Inc. 18,128 1,029 0.20%
50 PHILIP MORRIS INTL INC 17,286 1,408 0.27%
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