Welch Group, LLC

Q1 2014 13F-HR Holdings

Location
Birmingham, AL
Holdings as of
3/31/2014
Date filed
4/23/2014
Form type
13F-HR
Num holdings
124
Total value ($000)
$441,575
Net value change ($000)
+488 (0.1%)
New positions
6
Sold out positions
11
Turnover %
3.4%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
SHEL 4,873 NEW
VEA 2,397 NEW
SO 2,395 22.1%
JNJ 1,854 15.8%
LEG 1,819 17.6%
NEE 1,473 12.0%
Unilever PLC 1,322 15.1%
T 1,102 9.2%
ED 889 8.7%
MCD 784 6.8%
Top Reduces (Value $000, Stocks/ETFs)
MINT -8,165 -79.2%
SHEL -3,796 -31.4%
VWO -2,451 -100.0%
IVE -1,308 -100.0%
ABBV -1,039 -7.1%
INVESCO EXCHANGE-TRADED FUND TRUST -990 -100.0%
PAYX -977 -7.2%
MMM -936 -6.5%
EMR -877 -6.2%
STREETTRACKS GOLD TR GOLD SHS -742 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type