Welch Group, LLC

Q3 2025 13F-HR Holdings

Location
Birmingham, AL
Holdings as of
9/30/2025
Date filed
10/14/2025
Form type
13F-HR
Num holdings
299
Total value ($000)
$2,561,471
Net value change ($000)
+168,409 (7.0%)
New positions
25
Sold out positions
7
Turnover %
0.7%
Sector allocation + QoQ delta (equities-only)
Prev filing: 7/25/2025 Next filing: 1/26/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
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)
AAPL 19,299 25.1%
ABBV 17,598 25.8%
JNJ 13,211 22.8%
RTX 10,556 13.9%
PANW 7,922 NEW
HD 7,673 11.8%
JPM 7,173 8.7%
NEE 6,674 11.3%
LMT 6,461 11.0%
CVX 6,221 10.3%
Top Reduces (Value $000, Stocks/ETFs)
PAYX -6,450 -11.1%
CL -5,630 -9.3%
TXN -5,243 -10.0%
IBM -3,546 -4.0%
PEP -1,674 -3.5%
AJG -1,559 -2.2%
EMR -1,123 -1.7%
BIL -1,054 -48.4%
DE -989 -7.6%
CARR -985 -12.3%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 683 (0.0% of total reported value)
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