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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 YUM CHINA HLDGS INC 5,682 148 0.03% SH
2 YUM BRANDS INC 5,722 362 0.07% SH
3 XCEL ENERGY INC 7,750 315 0.06% SH
4 WESTROCK CO 2,420 123 0.02% SH
5 WELLS FARGO & CO NEW 15,390 848 0.17% SH
6 WALGREENS BOOTS ALLIANCE INC 3,928 325 0.06% SH
7 WAL-MART STORES INC 7,352 508 0.10% SH
8 VULCAN MATLS CO 8,367 1,047 0.20% SH
9 VISA INC 3,096 242 0.05% SH
10 VERIZON COMMUNICATIONS INC 288,473 15,399 3.01% SH
11 VANGUARD INTL EQUITY INDEX F 3,287 118 0.02% SH
12 V F CORP 2,836 151 0.03% SH
13 US BANCORP DEL 3,064 157 0.03% SH
14 UNITED TECHNOLOGIES CORP 142,714 15,644 3.06% SH
15 UNION PAC CORP 8,781 910 0.18% SH
16 UNILEVER PLC 252,983 10,296 2.01% SH
17 UNILEVER N V 54,901 2,254 0.44% SH
18 TUPPERWARE BRANDS CORP 2,125 112 0.02% SH
19 TORCHMARK CORP COM 26,830 1,979 0.39% SH
20 TJX COS INC NEW 1,707 128 0.03% SH
21 TIFFANY & CO NEW 1,532 119 0.02% SH
22 TARGET CORP 3,687 266 0.05% SH
23 Synovus Financial Corp 34,661 1,424 0.28% SH
24 ServisFirst Bancshares Inc 150,812 5,646 1.10% SH
25 SUNTRUST BKS INC 2,207 121 0.02% SH
26 STRYKER CORP 3,125 374 0.07% SH
27 SPDR SER TR 1,825 101 0.02% SH
28 SPDR S&P 500 ETF TR 41,245 9,219 1.80% SH
29 SOUTHERN CO 296,051 14,563 2.85% SH
30 SHERWIN WILLIAMS CO 744 200 0.04% SH
31 SELECT SECTOR SPDR TR 5,919 306 0.06% SH
32 SELECT SECTOR SPDR TR 6,237 145 0.03% SH
33 SCHLUMBERGER LTD 9,965 837 0.16% SH
34 SCANA 8,658 634 0.12% SH
35 ROYAL DUTCH SHELL PLC 172,528 10,001 1.95% SH
36 ROYAL DUTCH SHELL PLC 91,023 4,950 0.97% SH
37 ROSS STORES INC 2,191 144 0.03% SH
38 REGIONS FINANCIAL CORP NEW 14,210 204 0.04% SH
39 QUALCOMM INC 2,968 194 0.04% SH
40 PROCTER AND GAMBLE CO 179,872 15,124 2.96% SH
41 PROASSURANCE CORP COM 25,073 1,409 0.28% SH
42 PPG INDS INC 3,312 314 0.06% SH
43 POWERSHARES ETF TRUST 2,896 109 0.02% SH
44 POWERSHARES ETF TRUST 9,220 918 0.18% SH
45 POWERSHARES ETF TRUST 3,511 405 0.08% SH
46 POWERSHARES ETF TR II 5,822 106 0.02% SH
47 POWERSHARES ETF TR II 4,349 117 0.02% SH
48 PHILLIPS 66 6,815 589 0.12% SH
49 PHILIP MORRIS INTL INC 6,682 611 0.12% SH
50 PFIZER INC 7,728 251 0.05% SH
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