0001443095-22-000006.txt : 20221013 0001443095-22-000006.hdr.sgml : 20221013 20221012181832 ACCESSION NUMBER: 0001443095-22-000006 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220930 FILED AS OF DATE: 20221013 DATE AS OF CHANGE: 20221012 EFFECTIVENESS DATE: 20221013 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Welch Group, LLC CENTRAL INDEX KEY: 0001443095 IRS NUMBER: 631231262 STATE OF INCORPORATION: AL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13195 FILM NUMBER: 221307648 BUSINESS ADDRESS: STREET 1: 3940 MONTCLAIR ROAD, FIFTH FLOOR CITY: BIRMINGHAM STATE: AL ZIP: 35213 BUSINESS PHONE: 205-879-5001 MAIL ADDRESS: STREET 1: 3940 MONTCLAIR ROAD, FIFTH FLOOR CITY: BIRMINGHAM STATE: AL ZIP: 35213 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001443095 XXXXXXXX 09-30-2022 09-30-2022 Welch Group, LLC

3940 MONTCLAIR ROAD, FIFTH FLOOR BIRMINGHAM AL 35213

13F HOLDINGS REPORT 028-13195 N Greg Weyandt 205-879-5001 Greg Weyandt Birmingham AL 10-12-2022 0 180 1536206 false INFORMATION TABLE 2 welch3q22.xml 3M CO COMMON 88579Y101 512 4637 SH SOLE 0 0 4637 ABBOTT LABS COMMON 002824100 4557 47100 SH SOLE 0 0 47100 ABBVIE INC COMMON 00287Y109 50147 373643 SH SOLE 0 0 373643 ACCENTURE PLC IRELAND COMMON G1151C101 3083 11984 SH SOLE 0 0 11984 AEROJET ROCKETDYNE HLDGS INC COMMON 007800105 258 6450 SH SOLE 0 0 6450 AFLAC INC COMMON 001055102 1902 33841 SH SOLE 0 0 33841 AIR PRODS & CHEMS INC COMMON 009158106 237 1020 SH SOLE 0 0 1020 ALAUNOS THERAPEUTICS INC COMMON 98973P101 101 58700 SH SOLE 0 0 58700 ALPHABET INC COMMON 02079K107 983 10222 SH SOLE 0 0 10222 ALPHABET INC COMMON 02079K305 4633 48437 SH SOLE 0 0 48437 ALTRIA GROUP INC COMMON 02209S103 1600 39615 SH SOLE 0 0 39615 AMAZON COM INC COMMON 023135106 4571 40453 SH SOLE 0 0 40453 AMBEV SA COMMON 02319V103 42 14816 SH SOLE 0 0 14816 AMERICAN ELEC PWR CO INC COMMON 025537101 571 6609 SH SOLE 0 0 6609 AMERICAN EXPRESS CO COMMON 025816109 1767 13101 SH SOLE 0 0 13101 AON PLC COMMON G0403H108 1524 5690 SH SOLE 0 0 5690 APPLE INC COMMON 037833100 52685 381224 SH SOLE 0 0 381224 ARCHER DANIELS MIDLAND CO COMMON 039483102 241 3000 SH SOLE 0 0 3000 AT&T INC COMMON 00206R102 4325 281953 SH SOLE 0 0 281953 AUTOMATIC DATA PROCESSING IN COMMON 053015103 420 1859 SH SOLE 0 0 1859 AVIDXCHANGE HOLDINGS INC COMMON 05368X102 676 80237 SH SOLE 0 0 80237 BANCO BILBAO VIZCAYA ARGENTA COMMON 05946K101 730 164031 SH SOLE 0 0 164031 BITFARMS LTD COMMON 09173B107 16 14860 SH SOLE 0 0 14860 BK OF AMERICA CORP COMMON 060505104 2363 78244 SH SOLE 0 0 78244 BLACKROCK INC COMMON 09247X101 337 612 SH SOLE 0 0 612 BLACKSTONE INC COMMON 09260D107 3419 40851 SH SOLE 0 0 40851 BOEING CO COMMON 097023105 260 2150 SH SOLE 0 0 2150 BP PRUDHOE BAY RTY TR COMMON 055630107 130 10899 SH SOLE 0 0 10899 BRISTOL-MYERS SQUIBB CO COMMON 110122108 5228 73542 SH SOLE 0 0 73542 CAPITAL ONE FINL CORP COMMON 14040H105 214 2327 SH SOLE 0 0 2327 CATERPILLAR INC COMMON 149123101 5421 33036 SH SOLE 0 0 33036 CHEVRON CORP NEW COMMON 166764100 52250 363677 SH SOLE 0 0 363677 CHUBB LIMITED COMMON H1467J104 522 2869 SH SOLE 0 0 2869 CINCINNATI FINL CORP COMMON 172062101 33941 378929 SH SOLE 0 0 378929 CISCO SYS INC COMMON 17275R102 4281 107035 SH SOLE 0 0 107035 CITIGROUP INC COMMON 172967424 254 6085 SH SOLE 0 0 6085 CLOROX CO DEL COMMON 189054109 324 2525 SH SOLE 0 0 2525 CNH INDL N V COMMON N20944109 207 18500 SH SOLE 0 0 18500 COCA COLA CO COMMON 191216100 12282 219241 SH SOLE 0 0 219241 COLGATE PALMOLIVE CO COMMON 194162103 39617 563945 SH SOLE 0 0 563945 CONOCOPHILLIPS COMMON 20825C104 776 7586 SH SOLE 0 0 7586 CONSOLIDATED EDISON INC COMMON 209115104 39018 454971 SH SOLE 0 0 454971 CONSTELLATION BRANDS INC COMMON 21036P108 232 1008 SH SOLE 0 0 1008 COSTCO WHSL CORP NEW COMMON 22160K105 506 1072 SH SOLE 0 0 1072 CRANE HLDGS CO COMMON 224441105 394 4500 SH SOLE 0 0 4500 CRESCENT ENERGY COMPANY COMMON 44952J104 718 53272 SH SOLE 0 0 53272 CVS HEALTH CORP COMMON 126650100 428 4489 SH SOLE 0 0 4489 DEERE & CO COMMON 244199105 5587 16734 SH SOLE 0 0 16734 DEVON ENERGY CORP NEW COMMON 25179M103 543 9024 SH SOLE 0 0 9024 DIAGEO PLC COMMON 25243Q205 808 4757 SH SOLE 0 0 4757 DIAMONDBACK ENERGY INC COMMON 25278X109 366 3037 SH SOLE 0 0 3037 DISNEY WALT CO COMMON 254687106 3423 36292 SH SOLE 0 0 36292 DOLLAR GEN CORP NEW COMMON 256677105 3952 16475 SH SOLE 0 0 16475 DOMINION ENERGY INC COMMON 25746U109 792 11462 SH SOLE 0 0 11462 DOW INC COMMON 260557103 467 10630 SH SOLE 0 0 10630 DUKE ENERGY CORP NEW COMMON 26441C204 1503 16158 SH SOLE 0 0 16158 EATON CORP PLC COMMON G29183103 274 2056 SH SOLE 0 0 2056 EDWARDS LIFESCIENCES CORP COMMON 28176E108 203 2453 SH SOLE 0 0 2453 EMERSON ELEC CO COMMON 291011104 34789 475130 SH SOLE 0 0 475130 ENTERGY CORP NEW COMMON 29364G103 334 3324 SH SOLE 0 0 3324 ENTERPRISE PRODS PARTNERS L COMMON 293792107 867 36457 SH SOLE 0 0 36457 EXXON MOBIL CORP COMMON 30231G102 51125 585561 SH SOLE 0 0 585561 FIRST FNDTN INC COMMON 32026V104 271 14956 SH SOLE 0 0 14956 FORD MTR CO DEL COMMON 345370860 301 26836 SH SOLE 0 0 26836 GALLAGHER ARTHUR J & CO COMMON 363576109 51282 299512 SH SOLE 0 0 299512 GENERAL DYNAMICS CORP COMMON 369550108 236 1113 SH SOLE 0 0 1113 GENERAL MLS INC COMMON 370334104 47762 623440 SH SOLE 0 0 623440 GENUINE PARTS CO COMMON 372460105 1217 8150 SH SOLE 0 0 8150 GILEAD SCIENCES INC COMMON 375558103 248 4016 SH SOLE 0 0 4016 GLOBAL PMTS INC COMMON 37940X102 245 2264 SH SOLE 0 0 2264 GLOBE LIFE INC COMMON 37959E102 5074 50889 SH SOLE 0 0 50889 GOLDMAN SACHS GROUP INC COMMON 38141G104 3342 11403 SH SOLE 0 0 11403 GRACO INC COMMON 384109104 1282 21391 SH SOLE 0 0 21391 GT BIOPHARMA INC COMMON 36254L209 18 10000 SH SOLE 0 0 10000 HERC HLDGS INC COMMON 42704L104 208 2000 SH SOLE 0 0 2000 HOME DEPOT INC COMMON 437076102 45393 164503 SH SOLE 0 0 164503 HONEYWELL INTL INC COMMON 438516106 476 2853 SH SOLE 0 0 2853 ICAHN ENTERPRISES LP COMMON 451100101 202 4071 SH SOLE 0 0 4071 IDACORP INC COMMON 451107106 362 3656 SH SOLE 0 0 3656 IDEX CORP COMMON 45167R104 439 2196 SH SOLE 0 0 2196 INTEL CORP COMMON 458140100 25585 992804 SH SOLE 0 0 992804 INTERNATIONAL BUSINESS MACHS COMMON 459200101 38442 323562 SH SOLE 0 0 323562 INVESCO QQQ TR COMMON 46090E103 330 1234 SH SOLE 0 0 1234 ISHARES TR COMMON 464287309 389 6718 SH SOLE 0 0 6718 ISHARES TR COMMON 464288810 313 6630 SH SOLE 0 0 6630 JOHNSON & JOHNSON COMMON 478160104 45991 281532 SH SOLE 0 0 281532 JPMORGAN CHASE & CO COMMON 46625H100 31467 301118 SH SOLE 0 0 301118 KELLOGG CO COMMON 487836108 273 3926 SH SOLE 0 0 3926 KIMBERLY-CLARK CORP COMMON 494368103 33758 299968 SH SOLE 0 0 299968 KINDER MORGAN INC DEL COMMON 49456B101 209 12553 SH SOLE 0 0 12553 KRAFT HEINZ CO COMMON 500754106 486 14576 SH SOLE 0 0 14576 LILLY ELI & CO COMMON 532457108 1883 5824 SH SOLE 0 0 5824 LOCKHEED MARTIN CORP COMMON 539830109 43145 111690 SH SOLE 0 0 111690 LUMEN TECHNOLOGIES INC COMMON 550241103 132 18100 SH SOLE 0 0 18100 MARTIN MARIETTA MATLS INC COMMON 573284106 268 831 SH SOLE 0 0 831 MASTERCARD INCORPORATED COMMON 57636Q104 2999 10546 SH SOLE 0 0 10546 MCDONALDS CORP COMMON 580135101 43139 186961 SH SOLE 0 0 186961 MEDICAL PPTYS TRUST INC COMMON 58463J304 304 25613 SH SOLE 0 0 25613 MERCK & CO INC COMMON 58933Y105 2543 29526 SH SOLE 0 0 29526 META PLATFORMS INC COMMON 30303M102 365 2691 SH SOLE 0 0 2691 MICROCHIP TECHNOLOGY INC. COMMON 595017104 222 3638 SH SOLE 0 0 3638 MICRON TECHNOLOGY INC COMMON 595112103 227 4540 SH SOLE 0 0 4540 MICROSOFT CORP COMMON 594918104 52545 225614 SH SOLE 0 0 225614 MONDELEZ INTL INC COMMON 609207105 745 13582 SH SOLE 0 0 13582 MUELLER INDS INC COMMON 624756102 312 5250 SH SOLE 0 0 5250 NASDAQ INC COMMON 631103108 280 4947 SH SOLE 0 0 4947 NEXTERA ENERGY INC COMMON 65339F101 48217 614936 SH SOLE 0 0 614936 NORFOLK SOUTHN CORP COMMON 655844108 454 2164 SH SOLE 0 0 2164 NORTHERN DYNASTY MINERALS LT COMMON 66510M204 2 10000 SH SOLE 0 0 10000 NORTHROP GRUMMAN CORP COMMON 666807102 1303 2770 SH SOLE 0 0 2770 NOVARTIS AG COMMON 66987V109 1030 13557 SH SOLE 0 0 13557 NUCOR CORP COMMON 670346105 245 2293 SH SOLE 0 0 2293 NVIDIA CORPORATION COMMON 67066G104 3194 26314 SH SOLE 0 0 26314 ONEOK INC NEW COMMON 682680103 435 8482 SH SOLE 0 0 8482 ORACLE CORP COMMON 68389X105 3017 49404 SH SOLE 0 0 49404 PACCAR INC COMMON 693718108 307 3670 SH SOLE 0 0 3670 PAYCHEX INC COMMON 704326107 42301 376984 SH SOLE 0 0 376984 PEPSICO INC COMMON 713448108 46358 283954 SH SOLE 0 0 283954 PERMIAN BASIN RTY TR COMMON 714236106 170 10414 SH SOLE 0 0 10414 PFIZER INC COMMON 717081103 36536 834925 SH SOLE 0 0 834925 PHILIP MORRIS INTL INC COMMON 718172109 1683 20274 SH SOLE 0 0 20274 PHILLIPS 66 COMMON 718546104 299 3701 SH SOLE 0 0 3701 PNC FINL SVCS GROUP INC COMMON 693475105 473 3164 SH SOLE 0 0 3164 PPG INDS INC COMMON 693506107 240 2169 SH SOLE 0 0 2169 PROASSURANCE CORP COMMON 74267C106 399 20440 SH SOLE 0 0 20440 PROCTER AND GAMBLE CO COMMON 742718109 38752 306950 SH SOLE 0 0 306950 QUALCOMM INC COMMON 747525103 34862 308569 SH SOLE 0 0 308569 RAYTHEON TECHNOLOGIES CORP COMMON 75513E101 39976 488348 SH SOLE 0 0 488348 REAVES UTIL INCOME FD COMMON 756158101 461 16927 SH SOLE 0 0 16927 REGIONS FINANCIAL CORP NEW COMMON 7591EP100 2442 121661 SH SOLE 0 0 121661 RENAISSANCERE HLDGS LTD COMMON G7496G103 204 1450 SH SOLE 0 0 1450 REPUBLIC SVCS INC COMMON 760759100 761 5595 SH SOLE 0 0 5595 ROYAL BK CDA COMMON 780087102 575 6390 SH SOLE 0 0 6390 SCHWAB STRATEGIC TR COMMON 808524300 215 3846 SH SOLE 0 0 3846 SELECT SECTOR SPDR TR COMMON 81369Y506 355 4928 SH SOLE 0 0 4928 SERVISFIRST BANCSHARES INC COMMON 81768T108 107285 1341060 SH SOLE 0 0 1341060 SHELL PLC COMMON 780259305 315 6321 SH SOLE 0 0 6321 SHERWIN WILLIAMS CO COMMON 824348106 2909 14207 SH SOLE 0 0 14207 SMUCKER J M CO COMMON 832696405 385 2801 SH SOLE 0 0 2801 SONY GROUP CORPORATION COMMON 835699307 322 5020 SH SOLE 0 0 5020 SOUTHERN CO COMMON 842587107 48558 714089 SH SOLE 0 0 714089 SOUTHERN STS BANCSHARES INC COMMON 843878307 305 11182 SH SOLE 0 0 11182 SPDR SER TR COMMON 78468R663 3848 42007 SH SOLE 0 0 42007 STARBUCKS CORP COMMON 855244109 407 4833 SH SOLE 0 0 4833 STATE STR CORP COMMON 857477103 255 4198 SH SOLE 0 0 4198 STRYKER CORPORATION COMMON 863667101 3022 14919 SH SOLE 0 0 14919 SYNOVUS FINL CORP COMMON 87161C501 2338 62340 SH SOLE 0 0 62340 TARGET CORP COMMON 87612E106 3699 24927 SH SOLE 0 0 24927 TESLA INC COMMON 88160R101 216 814 SH SOLE 0 0 814 TEXAS INSTRS INC COMMON 882508104 763 4929 SH SOLE 0 0 4929 TEXTRON INC COMMON 883203101 233 4000 SH SOLE 0 0 4000 TJX COS INC NEW COMMON 872540109 3380 54406 SH SOLE 0 0 54406 TRUIST FINL CORP COMMON 89832Q109 33450 768256 SH SOLE 0 0 768256 UNILEVER PLC COMMON 904767704 34046 776603 SH SOLE 0 0 776603 UNION PAC CORP COMMON 907818108 285 1464 SH SOLE 0 0 1464 UNITED CMNTY BKS BLAIRSVLE G COMMON 90984P303 1354 40916 SH SOLE 0 0 40916 UNITED INS HLDGS CORP COMMON 910710102 21 33497 SH SOLE 0 0 33497 US BANCORP DEL COMMON 902973304 323 8009 SH SOLE 0 0 8009 VANGUARD INDEX FDS COMMON 922908363 7949 24214 SH SOLE 0 0 24214 VANGUARD INDEX FDS COMMON 922908751 437 2558 SH SOLE 0 0 2558 VANGUARD SCOTTSDALE FDS COMMON 92206C730 746 4569 SH SOLE 0 0 4569 VANGUARD SPECIALIZED FUNDS COMMON 921908844 282 2083 SH SOLE 0 0 2083 VANGUARD WHITEHALL FDS COMMON 921946406 543 5727 SH SOLE 0 0 5727 VANGUARD WORLD FDS COMMON 92204A702 280 912 SH SOLE 0 0 912 VERIZON COMMUNICATIONS INC COMMON 92343V104 30000 790106 SH SOLE 0 0 790106 VISA INC COMMON 92826C839 3830 21560 SH SOLE 0 0 21560 VULCAN MATLS CO COMMON 929160109 3927 24897 SH SOLE 0 0 24897 WALGREENS BOOTS ALLIANCE INC COMMON 931427108 235 7474 SH SOLE 0 0 7474 WALMART INC COMMON 931142103 1840 14188 SH SOLE 0 0 14188 WARNER BROS DISCOVERY INC COMMON 934423104 130 11314 SH SOLE 0 0 11314 WASTE MGMT INC DEL COMMON 94106L109 967 6037 SH SOLE 0 0 6037 WATTS WATER TECHNOLOGIES INC COMMON 942749102 277 2200 SH SOLE 0 0 2200 WELLS FARGO CO NEW COMMON 949746101 534 13286 SH SOLE 0 0 13286 WELLTOWER INC COMMON 95040Q104 898 13958 SH SOLE 0 0 13958 WESTWATER RES INC COMMON 961684206 21 18501 SH SOLE 0 0 18501 WHIRLPOOL CORP COMMON 963320106 283 2100 SH SOLE 0 0 2100 XCEL ENERGY INC COMMON 98389B100 511 7990 SH SOLE 0 0 7990 XYLEM INC COMMON 98419M100 332 3800 SH SOLE 0 0 3800 YUM BRANDS INC COMMON 988498101 529 4972 SH SOLE 0 0 4972 ZIMMER BIOMET HOLDINGS INC COMMON 98956P102 224 2144 SH SOLE 0 0 2144