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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 (2016Q4)
Original 13F HR (0001443095-17-000001) filed in 2017.02.09
#
Name
Shares
Value ($)
%
Options
Notes
1 CHEVRON CORP 148,168 17,439 3.41% SH
2 EXXON MOBIL CORP 191,977 17,328 3.39% SH
3 INTEL CORP 452,832 16,424 3.21% SH
4 AT&T CORP 385,601 16,400 3.21% SH
5 CINCINNATI FINL CORP 213,022 16,136 3.15% SH
6 LOCKHEED MARTIN CORP 63,967 15,988 3.13% SH
7 PAYCHEX INC 260,995 15,889 3.11% SH
8 DU PONT E I DE NEMOURS & CO 216,151 15,866 3.10% SH
9 JOHNSON & JOHNSON 137,217 15,809 3.09% SH
10 GALLAGHER ARTHUR J & CO 302,219 15,703 3.07% SH
11 HOME DEPOT INC 117,002 15,688 3.07% SH
12 UNITED TECHNOLOGIES CORP 142,714 15,644 3.06% SH
13 3M CO 86,817 15,503 3.03% SH
14 VERIZON COMMUNICATIONS 288,473 15,399 3.01% SH
15 PEPSICO INC 145,899 15,265 2.98% SH
16 INTL BUSINESS MACHINES CORP 91,655 15,214 2.97% SH
17 PROCTER & GAMBLE CO 179,872 15,124 2.96% SH
18 ABBVIE INC 240,480 15,059 2.94% SH
19 EMERSON ELEC CO 268,632 14,976 2.93% SH
20 MCDONALDS CORP 122,734 14,939 2.92% SH
21 LEGGETT & PLATT INC 304,209 14,870 2.91% SH
22 SOUTHERN CO 296,051 14,563 2.85% SH
23 CONSOLIDATED EDISON INC 197,074 14,520 2.84% SH
24 NEXTERA ENERGY INC 120,930 14,446 2.82% SH
25 GENERAL MLS INC 227,945 14,080 2.75% SH
26 COLGATE PALMOLIVE 201,703 13,199 2.58% SH
27 KIMBERLY CLARK CORP 113,400 12,941 2.53% SH
28 NOVARTIS A G 167,956 12,234 2.39% SH
29 UNILEVER PLC 252,983 10,296 2.01% SH
30 ROYAL DUTCH SHELL PLC 172,528 10,001 1.95% SH
31 ISHARES TR 41,245 9,219 1.80% SH
32 SERVISFIRST BANCSHARES INC 150,812 5,646 1.10% SH
33 ROYAL DUTCH SHELL PLC 91,023 4,950 0.97% SH
34 COCA COLA CO 65,472 2,714 0.53% SH
35 UNILEVER N V 54,901 2,254 0.44% SH
36 ENERGEN CORP 35,774 2,063 0.40% SH
37 TORCHMARK CORP 26,830 1,979 0.39% SH
38 APPLE INC 14,471 1,676 0.33% SH
39 CISCO SYS INC 47,933 1,449 0.28% SH
40 Synovus Financial Corp 34,661 1,424 0.28% SH
41 PROASSURANCE CORP 25,073 1,409 0.28% SH
42 BERKSHIRE HATHAWAY INC DEL 7,633 1,244 0.24% SH
43 MICROSOFT CORP 19,288 1,199 0.23% SH
44 VULCAN MATLS CO 8,367 1,047 0.20% SH
45 POWERSHARES ETF TRUST 9,220 918 0.18% SH
46 UNION PAC CORP 8,781 910 0.18% SH
47 WELLS FARGO & CO 15,390 848 0.17% SH
48 SCHLUMBERGER LTD 9,965 837 0.16% SH
49 CATERPILLAR INC DEL 8,315 771 0.15% SH
50 ABBOTT LABS 19,205 738 0.14% SH
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