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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 YUM BRANDS INC 5,740 521 0.10%
2 XCEL ENERGY INC 7,750 319 0.06%
3 WESTROCK CO 2,420 117 0.02%
4 WELLS FARGO CO NEW 17,447 773 0.15%
5 WALGREENS BOOTS ALLIANCE INC 3,868 312 0.06%
6 WAL-MART STORES INC 14,457 1,043 0.21%
7 WADDELL & REED FINL INC 7,145 130 0.03%
8 VULCAN MATLS CO 8,186 931 0.19%
9 VISA INC 5,467 452 0.09%
10 VERIZON COMMUNICATIONS INC 276,893 14,393 2.86%
11 VANGUARD INTL EQUITY INDEX F 3,287 124 0.02%
12 V F CORP 2,391 134 0.03%
13 US BANCORP DEL 3,061 131 0.03%
14 UNITED TECHNOLOGIES CORP 143,646 14,594 2.90%
15 UNION PAC CORP 8,781 856 0.17%
16 UNILEVER PLC 246,368 11,678 2.32%
17 UNILEVER N V 54,283 2,502 0.50%
18 UBS AG LONDON BRH 1,427 171 0.03%
19 UBS AG LONDON BRH 1,685 231 0.05%
20 TUPPERWARE BRANDS CORP 2,125 139 0.03%
21 TORCHMARK CORP COM 26,943 1,721 0.34%
22 TJX COS INC NEW 1,674 125 0.02%
23 TIFFANY 1,523 111 0.02%
24 Synovus Financial Corp 34,661 1,128 0.22%
25 ServisFirst Bancshares Inc 74,071 3,845 0.76%
26 STRYKER CORP 3,142 366 0.07%
27 SPDR S&P 500 ETF TR 31,062 6,719 1.34%
28 SOUTHERN CO 286,527 14,698 2.92%
29 SHERWIN WILLIAMS CO 744 206 0.04%
30 SELECT SECTOR SPDR TR 6,492 458 0.09%
31 SCHLUMBERGER LTD 15,257 1,200 0.24%
32 SCANA 8,658 627 0.12%
33 SAP SE 1,182 108 0.02%
34 ROYAL DUTCH SHELL PLC 122,405 6,129 1.22%
35 ROYAL DUTCH SHELL PLC 132,961 7,024 1.40%
36 ROSS STORES INC 2,277 146 0.03%
37 REGIONS FINANCIAL CORP NEW 14,210 140 0.03%
38 QUALCOMM INC 4,930 338 0.07%
39 PROCTER AND GAMBLE CO 177,433 15,925 3.16%
40 PROASSURANCE CORP COM 25,259 1,326 0.26%
41 PPG INDS INC 3,312 342 0.07%
42 POWERSHARES ETF TRUST 3,511 370 0.07%
43 POWERSHARES ETF TRUST 9,220 863 0.17%
44 POWERSHARES ETF TRUST 2,896 106 0.02%
45 POWERSHARES ETF TR II 4,349 121 0.02%
46 POWERSHARES ETF TR II 5,822 104 0.02%
47 PHILLIPS 66 9,400 757 0.15%
48 PHILIP MORRIS INTL INC 6,851 666 0.13%
49 PFIZER INC 13,460 456 0.09%
50 PEPSICO INC 143,616 15,621 3.10%
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