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Portfolio (Quarterly) Guide ↗

Welch Group, LLC

· CIK 0001443095
13F Portfolio $2.6B AUM Filed Jan 26, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 309 New
Page 6 of 16  ·  309 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 NVS NOVARTIS AG Healthcare 9,656.0 $1.3M 0.05% NEW $137.87 +8.6%
102 VTI VANGUARD INDEX FDS 3,950.0 $1.3M 0.05% NEW $335.30 +8.2%
103 VONE VANGUARD SCOTTSDALE FDS 4,237.0 $1.3M 0.05% NEW $309.04 +7.7%
104 GATX GATX CORP Industrials 7,512.0 $1.3M 0.05% NEW $169.60 +4.0%
105 NEM NEWMONT CORP Basic Materials 12,357.0 $1.2M 0.05% NEW $99.85 +16.5%
106 BLK BLACKROCK INC Financial Services 1,139.0 $1.2M 0.05% NEW $1070.38 +1.1%
107 ORLY OREILLY AUTOMOTIVE INC Consumer Cyclical 13,342.0 $1.2M 0.05% NEW $91.21 -1.7%
108 XLK SELECT SECTOR SPDR TR 8,075.0 $1.2M 0.04% NEW $143.97 +22.5%
109 DIS DISNEY WALT CO Communication Services 10,128.0 $1.2M 0.04% NEW $113.78 -7.3%
110 STT STATE STR CORP Financial Services 8,683.0 $1.1M 0.04% NEW $129.01 +19.2%
111 COP CONOCOPHILLIPS Energy 11,663.0 $1.1M 0.04% NEW $93.61 +27.1%
112 RY ROYAL BK CDA Financial Services 6,403.0 $1.1M 0.04% NEW $170.49 +5.5%
113 OKE ONEOK INC NEW Energy 14,737.0 $1.1M 0.04% NEW $73.50 +23.9%
114 XYL XYLEM INC Industrials 7,802.0 $1.1M 0.04% NEW $136.18 -19.6%
115 BIL SPDR SERIES TRUST 11,528.0 $1.1M 0.04% NEW $91.38 +0.2%
116 MDLZ MONDELEZ INTL INC Consumer Defensive 19,423.0 $1.0M 0.04% NEW $53.83 +13.3%
117 VYM VANGUARD WHITEHALL FDS 7,110.0 $1.0M 0.04% NEW $143.52 +8.5%
118 CB CHUBB LIMITED Financial Services 3,237.0 $1.0M 0.04% NEW $312.12 +3.9%
119 VXUS VANGUARD STAR FDS 13,239.0 $999K 0.04% NEW $75.44 +10.2%
120 SMH VANECK ETF TRUST 2,735.0 $985K 0.04% NEW $360.13 +54.5%
Page 6 of 16  ·  309 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 23.1%
Financial Services 18.6%
Industrials 13.6%
Healthcare 10.0%
Utilities 9.3%
Consumer Defensive 8.8%
Consumer Cyclical 6.5%
Energy 5.6%
Communication Services 3.6%
Basic Materials 0.8%