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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 (2016Q3)
Original 13F HR (0001443095-16-000009) filed in 2016.10.28
#
Name
Shares
Value ($)
%
Options
Notes
1 INTEL CORP 447,705 16,901 3.36%
2 EXXON MOBIL CORP 185,538 16,194 3.22%
3 JOHNSON AND JOHNSON 135,248 15,977 3.18%
4 PROCTER AND GAMBLE CO 177,433 15,925 3.16%
5 CINCINNATI FINL CORP 209,373 15,791 3.14%
6 PEPSICO INC 143,616 15,621 3.10%
7 CHEVRON CORP 149,112 15,347 3.05%
8 LOCKHEED MARTIN CORP 63,684 15,266 3.03%
9 ATANDT INC 372,239 15,117 3.00%
10 GALLAGHER ARTHUR J & CO 292,638 14,886 2.96%
11 HOME DEPOT INC 115,259 14,832 2.95%
12 3M COMPANY 83,837 14,775 2.94%
13 SOUTHERN CO 286,527 14,698 2.92%
14 PAYCHEX INC 253,282 14,657 2.91%
15 ABBVIE INC 232,086 14,638 2.91%
16 UNITED TECHNOLOGIES CORP 143,646 14,594 2.90%
17 NEXTERA ENERGY INC COM 118,156 14,453 2.87%
18 VERIZON COMMUNICATIONS INC 276,893 14,393 2.86%
19 COLGATE-PALMOLIVE CO 194,056 14,387 2.86%
20 INTERNATIONAL BUSINESS MACHINES CORP 90,541 14,382 2.86%
21 CONSOLIDATED EDISON INC 189,320 14,256 2.83%
22 EMERSON ELECTRIC CO. 260,664 14,209 2.82%
23 E.I. DU PONT DE NEMOURS AND CO 210,622 14,105 2.80%
24 GENERAL MILLS 218,674 13,969 2.78%
25 MCDONALDS CORP 118,815 13,706 2.72%
26 KIMBERLY CLARK CORP 108,617 13,701 2.72%
27 NOVARTIS AG NAMEN ADR 169,323 13,370 2.66%
28 LEGGETT & PLATT INC COM 292,830 13,347 2.65%
29 UNILEVER PLC ADR 246,368 11,678 2.32%
30 MARATHON OIL CORP 465 7,352 1.46%
31 ROYAL DUTCH SHELL PLC B ADR 132,961 7,024 1.40%
32 SPDR S&P 500 ETF TR TR UNIT 31,062 6,719 1.34%
33 ROYAL DUTCH SHELL PLC A ADR 122,405 6,129 1.22%
34 SERVISFIRST BANCSHARES INC 74,071 3,845 0.76%
35 COCA-COLA CO 65,465 2,770 0.55%
36 UNILEVER NV (USD) 54,283 2,502 0.50%
37 ENERGEN CORP 35,774 2,065 0.41%
38 APPLE COMPUTER INC 15,629 1,767 0.35%
39 TORCHMARK CORP COM 26,943 1,721 0.34%
40 CISCO SYSTEMS INC 52,193 1,656 0.33%
41 PROASSURANCE CORP 25,259 1,326 0.26%
42 MICROSOFT CORP 20,968 1,208 0.24%
43 SCHLUMBERGER LTD 15,257 1,200 0.24%
44 Berkshire Hathaway Cl B 8,122 1,173 0.23%
45 Synovus Financial Corp 34,661 1,128 0.22%
46 Abbott Labs Common 26,205 1,108 0.22%
47 WAL MART STORES INC 14,457 1,043 0.21%
48 VULCAN MATLS CO 8,186 931 0.19%
49 POWERSHARES ETF TRUST 9,220 863 0.17%
50 UNION PACIFIC CORP 8,781 856 0.17%
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