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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 AT&T INC 372,239 15,117 3.00%
3 LEGGETT &PLATT INC 292,830 13,347 2.65%
4 GALLAGHER ARTHUR J & CO 292,638 14,886 2.96%
5 SOUTHERN CO 286,527 14,698 2.92%
6 VERIZON COMMUNICATIONS INC 276,893 14,393 2.86%
7 EMERSON ELEC CO 260,664 14,209 2.82%
8 PAYCHEX INC 253,282 14,657 2.91%
9 UNILEVER PLC 246,368 11,678 2.32%
10 ABBVIE INC 232,086 14,638 2.91%
11 GENERAL MLS INC 218,674 13,969 2.78%
12 DU PONT E I DE NEMOURS & CO 210,622 14,105 2.80%
13 CINCINNATI FINL CORP 209,373 15,791 3.14%
14 COLGATE PALMOLIVE CO 194,056 14,387 2.86%
15 CONSOLIDATED EDISON INC 189,320 14,256 2.83%
16 EXXON MOBIL CORP 185,538 16,194 3.22%
17 PROCTER AND GAMBLE CO 177,433 15,925 3.16%
18 NOVARTIS A G 169,323 13,370 2.66%
19 CHEVRON CORP NEW 149,112 15,347 3.05%
20 UNITED TECHNOLOGIES CORP 143,646 14,594 2.90%
21 PEPSICO INC 143,616 15,621 3.10%
22 JOHNSON & JOHNSON 135,248 15,977 3.18%
23 ROYAL DUTCH SHELL PLC 132,961 7,024 1.40%
24 ROYAL DUTCH SHELL PLC 122,405 6,129 1.22%
25 MCDONALDS CORP 118,815 13,706 2.72%
26 NEXTERA ENERGY INC 118,156 14,453 2.87%
27 HOME DEPOT INC 115,259 14,832 2.95%
28 KIMBERLY CLARK CORP 108,617 13,701 2.72%
29 INTERNATIONAL BUSINESS MACHS 90,541 14,382 2.86%
30 3M CO 83,837 14,775 2.94%
31 ServisFirst Bancshares Inc 74,071 3,845 0.76%
32 COCA COLA CO 65,465 2,770 0.55%
33 LOCKHEED MARTIN CORP 63,684 15,266 3.03%
34 UNILEVER N V 54,283 2,502 0.50%
35 CISCO SYS INC 52,193 1,656 0.33%
36 Hutton Tele TRUST Unit 35,800 147 0.03%
37 ENERGEN CORP COM 35,774 2,065 0.41%
38 Synovus Financial Corp 34,661 1,128 0.22%
39 SPDR S&P 500 ETF TR 31,062 6,719 1.34%
40 TORCHMARK CORP COM 26,943 1,721 0.34%
41 Abbott Labs Common 26,205 1,108 0.22%
42 PROASSURANCE CORP COM 25,259 1,326 0.26%
43 BANCO BILBAO VIZCAYA ARGENTA 22,418 134 0.03%
44 MICROSOFT CORP 20,968 1,208 0.24%
45 WELLS FARGO & CO NEW 17,447 773 0.15%
46 GENERAL ELECTRIC CO 15,812 468 0.09%
47 APPLE COMPUTER INC 15,629 1,767 0.35%
48 SCHLUMBERGER LTD 15,257 1,200 0.24%
49 KINDER MORGAN INC DEL 14,743 341 0.07%
50 WAL-MART STORES INC 14,457 1,043 0.21%
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