0001697444-21-000001.txt : 20210423
0001697444-21-000001.hdr.sgml : 20210423
20210422205840
ACCESSION NUMBER: 0001697444-21-000001
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20210331
FILED AS OF DATE: 20210423
DATE AS OF CHANGE: 20210422
EFFECTIVENESS DATE: 20210423
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: 21846457
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
03-31-2021
03-31-2021
Welch Group, LLC
3940 MONTCLAIR ROAD, FIFTH FLOOR
BIRMINGHAM
AL
35213
13F HOLDINGS REPORT
028-13195
N
Greg Weyandt
Chief Compliance Officer
205-879-5001
Greg Weyandt
Birmingham
AL
04-22-2021
0
189
1389201
false
INFORMATION TABLE
2
welch1q21.xml
3M CO
COMMON
88579Y101
35293
183167
SH
SOLE
0
0
183167
ABBOTT LABS
COMMON
002824100
3657
30512
SH
SOLE
0
0
30512
ABBVIE INC
COMMON
00287Y109
39719
367017
SH
SOLE
0
0
367017
ACCENTURE PLC IRELAND
COMMON
G1151C101
1751
6337
SH
SOLE
0
0
6337
ADOBE SYSTEMS INCORPORATED
COMMON
00724F101
201
422
SH
SOLE
0
0
422
ADVANCED MICRO DEVICES INC
COMMON
007903107
203
2581
SH
SOLE
0
0
2581
AEROJET ROCKETDYNE HLDGS INC
COMMON
007800105
303
6461
SH
SOLE
0
0
6461
AIR PRODS & CHEMS INC
COMMON
009158106
278
989
SH
SOLE
0
0
989
ALBEMARLE CORP
COMMON
012653101
254
1735
SH
SOLE
0
0
1735
ALPHABET INC
COMMON
02079K107
658
318
SH
SOLE
0
0
318
ALPHABET INC
COMMON
02079K305
3108
1507
SH
SOLE
0
0
1507
ALTRIA GROUP INC
COMMON
02209S103
1388
27122
SH
SOLE
0
0
27122
AMAZON COM INC
COMMON
023135106
2989
966
SH
SOLE
0
0
966
AMERICAN ELEC PWR CO INC
COMMON
025537101
640
7551
SH
SOLE
0
0
7551
AMERICAN EXPRESS CO
COMMON
025816109
1876
13262
SH
SOLE
0
0
13262
ANNALY CAPITAL MANAGEMENT IN
COMMON
035710409
335
38989
SH
SOLE
0
0
38989
AON PLC
COMMON
G0403H108
1355
5890
SH
SOLE
0
0
5890
APPLE INC
COMMON
037833100
44305
362709
SH
SOLE
0
0
362709
ARCHER DANIELS MIDLAND CO
COMMON
039483102
246
4318
SH
SOLE
0
0
4318
ARK ETF TR
COMMON
00214Q104
230
1914
SH
SOLE
0
0
1914
AT&T INC
COMMON
00206R102
34952
1154664
SH
SOLE
0
0
1154664
AUTOMATIC DATA PROCESSING IN
COMMON
053015103
347
1843
SH
SOLE
0
0
1843
BANCO BILBAO VIZCAYA ARGENTA
COMMON
05946K101
352
67522
SH
SOLE
0
0
67522
BAXTER INTL INC
COMMON
071813109
299
3549
SH
SOLE
0
0
3549
BERKSHIRE HATHAWAY INC DEL
COMMON
084670702
4674
18295
SH
SOLE
0
0
18295
BK OF AMERICA CORP
COMMON
060505104
2908
75159
SH
SOLE
0
0
75159
BLACKROCK INC
COMMON
09247X101
338
448
SH
SOLE
0
0
448
BLACKSTONE GROUP INC
COMMON
09260D107
2020
27102
SH
SOLE
0
0
27102
BOEING CO
COMMON
097023105
672
2639
SH
SOLE
0
0
2639
BRISTOL-MYERS SQUIBB CO
COMMON
110122108
2905
46015
SH
SOLE
0
0
46015
CAPITAL ONE FINL CORP
COMMON
14040H105
292
2296
SH
SOLE
0
0
2296
CATERPILLAR INC
COMMON
149123101
5199
22423
SH
SOLE
0
0
22423
CHEVRON CORP NEW
COMMON
166764100
38429
366724
SH
SOLE
0
0
366724
CHUBB LIMITED
COMMON
H1467J104
423
2679
SH
SOLE
0
0
2679
CINCINNATI FINL CORP
COMMON
172062101
38610
374525
SH
SOLE
0
0
374525
CISCO SYS INC
COMMON
17275R102
3714
71821
SH
SOLE
0
0
71821
CITIGROUP INC
COMMON
172967424
349
4791
SH
SOLE
0
0
4791
CLOROX CO DEL
COMMON
189054109
486
2520
SH
SOLE
0
0
2520
CNH INDL N V
COMMON
N20944109
289
18500
SH
SOLE
0
0
18500
COCA COLA CO
COMMON
191216100
10623
201532
SH
SOLE
0
0
201532
COLGATE PALMOLIVE CO
COMMON
194162103
35522
450611
SH
SOLE
0
0
450611
COMCAST CORP NEW
COMMON
20030N101
376
6943
SH
SOLE
0
0
6943
CONOCOPHILLIPS
COMMON
20825C104
292
5504
SH
SOLE
0
0
5504
CONSOLIDATED EDISON INC
COMMON
209115104
30000
401072
SH
SOLE
0
0
401072
CONSTELLATION BRANDS INC
COMMON
21036P108
237
1041
SH
SOLE
0
0
1041
CONTANGO OIL & GAS CO
COMMON
21075N204
1038
266141
SH
SOLE
0
0
266141
CRANE CO
COMMON
224399105
423
4500
SH
SOLE
0
0
4500
CSX CORP
COMMON
126408103
226
2340
SH
SOLE
0
0
2340
CVS HEALTH CORP
COMMON
126650100
253
3357
SH
SOLE
0
0
3357
DANA INC
COMMON
235825205
207
8500
SH
SOLE
0
0
8500
DEERE & CO
COMMON
244199105
4151
11095
SH
SOLE
0
0
11095
DELTA AIR LINES INC DEL
COMMON
247361702
204
4218
SH
SOLE
0
0
4218
DIAGEO PLC
COMMON
25243Q205
781
4757
SH
SOLE
0
0
4757
DISNEY WALT CO
COMMON
254687106
3765
20402
SH
SOLE
0
0
20402
DOLLAR GEN CORP NEW
COMMON
256677105
1600
7896
SH
SOLE
0
0
7896
DOMINION ENERGY INC
COMMON
25746U109
591
7777
SH
SOLE
0
0
7777
DUKE ENERGY CORP NEW
COMMON
26441C204
1321
13688
SH
SOLE
0
0
13688
EMERSON ELEC CO
COMMON
291011104
39793
441062
SH
SOLE
0
0
441062
ENTERGY CORP NEW
COMMON
29364G103
356
3574
SH
SOLE
0
0
3574
ENTERPRISE PRODS PARTNERS L
COMMON
293792107
869
39457
SH
SOLE
0
0
39457
EXXON MOBIL CORP
COMMON
30231G102
35652
638587
SH
SOLE
0
0
638587
FACEBOOK INC
COMMON
30303M102
784
2661
SH
SOLE
0
0
2661
FISERV INC
COMMON
337738108
206
1728
SH
SOLE
0
0
1728
FORD MTR CO DEL
COMMON
345370860
144
11768
SH
SOLE
0
0
11768
FORTUNE BRANDS HOME & SEC IN
COMMON
34964C106
320
3338
SH
SOLE
0
0
3338
GALLAGHER ARTHUR J & CO
COMMON
363576109
39726
318397
SH
SOLE
0
0
318397
GENERAL DYNAMICS CORP
COMMON
369550108
202
1113
SH
SOLE
0
0
1113
GENERAL MLS INC
COMMON
370334104
34635
564829
SH
SOLE
0
0
564829
GENUINE PARTS CO
COMMON
372460105
946
8181
SH
SOLE
0
0
8181
GLOBE LIFE INC
COMMON
37959E102
4315
44658
SH
SOLE
0
0
44658
GOLDMAN SACHS GROUP INC
COMMON
38141G104
2129
6512
SH
SOLE
0
0
6512
GRACO INC
COMMON
384109104
1644
22955
SH
SOLE
0
0
22955
HERC HLDGS INC
COMMON
42704L104
203
2000
SH
SOLE
0
0
2000
HOME DEPOT INC
COMMON
437076102
45385
148680
SH
SOLE
0
0
148680
HONEYWELL INTL INC
COMMON
438516106
612
2818
SH
SOLE
0
0
2818
HYSTER YALE MATLS HANDLING I
COMMON
449172105
309
3550
SH
SOLE
0
0
3550
ICAHN ENTERPRISES LP
COMMON
451100101
219
4071
SH
SOLE
0
0
4071
IDEX CORP
COMMON
45167R104
460
2196
SH
SOLE
0
0
2196
INTEL CORP
COMMON
458140100
40496
632744
SH
SOLE
0
0
632744
INTERNATIONAL BUSINESS MACHS
COMMON
459200101
33876
254209
SH
SOLE
0
0
254209
INVESCO ACTIVELY MANAGED ETF
COMMON
46090A887
298
5900
SH
SOLE
0
0
5900
INVESCO EXCH TRADED FD TR II
COMMON
46138E727
214
9494
SH
SOLE
0
0
9494
INVESCO EXCH TRADED FD TR II
COMMON
46138E735
200
5478
SH
SOLE
0
0
5478
INVESCO EXCHANGE TRADED FD T
COMMON
46137V613
554
3654
SH
SOLE
0
0
3654
INVESCO QQQ TR
COMMON
46090E103
683
2141
SH
SOLE
0
0
2141
ISHARES SILVER TR
COMMON
46428Q109
418
18398
SH
SOLE
0
0
18398
ISHARES TR
COMMON
464287168
368
3227
SH
SOLE
0
0
3227
ISHARES TR
COMMON
464287200
3237
8137
SH
SOLE
0
0
8137
ISHARES TR
COMMON
464287234
266
4993
SH
SOLE
0
0
4993
ISHARES TR
COMMON
464287309
452
6938
SH
SOLE
0
0
6938
ISHARES TR
COMMON
464287465
445
5870
SH
SOLE
0
0
5870
ISHARES TR
COMMON
464287507
240
923
SH
SOLE
0
0
923
ISHARES TR
COMMON
464287655
205
929
SH
SOLE
0
0
929
ISHARES TR
COMMON
464287804
579
5338
SH
SOLE
0
0
5338
ISHARES TR
COMMON
464288810
654
1981
SH
SOLE
0
0
1981
ISHARES TR
COMMON
46432F842
297
4124
SH
SOLE
0
0
4124
JOHNSON & JOHNSON
COMMON
478160104
39836
242383
SH
SOLE
0
0
242383
JPMORGAN CHASE & CO
COMMON
46625H100
5733
37661
SH
SOLE
0
0
37661
KELLOGG CO
COMMON
487836108
355
5604
SH
SOLE
0
0
5604
KIMBERLY-CLARK CORP
COMMON
494368103
32735
235422
SH
SOLE
0
0
235422
KRAFT HEINZ CO
COMMON
500754106
238
5950
SH
SOLE
0
0
5950
LILLY ELI & CO
COMMON
532457108
1146
6132
SH
SOLE
0
0
6132
LOCKHEED MARTIN CORP
COMMON
539830109
35151
95132
SH
SOLE
0
0
95132
MARTIN MARIETTA MATLS INC
COMMON
573284106
266
791
SH
SOLE
0
0
791
MASTERCARD INCORPORATED
COMMON
57636Q104
1818
5106
SH
SOLE
0
0
5106
MCDONALDS CORP
COMMON
580135101
37102
165530
SH
SOLE
0
0
165530
MEDICAL PPTYS TRUST INC
COMMON
58463J304
303
14235
SH
SOLE
0
0
14235
MEDTRONIC PLC
COMMON
G5960L103
248
2098
SH
SOLE
0
0
2098
MERCK & CO. INC
COMMON
58933Y105
2156
27968
SH
SOLE
0
0
27968
MICROCHIP TECHNOLOGY INC.
COMMON
595017104
248
1600
SH
SOLE
0
0
1600
MICRON TECHNOLOGY INC
COMMON
595112103
387
4385
SH
SOLE
0
0
4385
MICROSOFT CORP
COMMON
594918104
51614
218918
SH
SOLE
0
0
218918
MONDELEZ INTL INC
COMMON
609207105
822
14037
SH
SOLE
0
0
14037
MUELLER INDS INC
COMMON
624756102
217
5250
SH
SOLE
0
0
5250
NASDAQ INC
COMMON
631103108
209
1420
SH
SOLE
0
0
1420
NEXTERA ENERGY INC
COMMON
65339F101
40717
538518
SH
SOLE
0
0
538518
NIKE INC
COMMON
654106103
536
4036
SH
SOLE
0
0
4036
NORFOLK SOUTHN CORP
COMMON
655844108
596
2220
SH
SOLE
0
0
2220
NORTHROP GRUMMAN CORP
COMMON
666807102
896
2770
SH
SOLE
0
0
2770
NOVARTIS AG
COMMON
66987V109
31095
363764
SH
SOLE
0
0
363764
NVIDIA CORPORATION
COMMON
67066G104
2297
4302
SH
SOLE
0
0
4302
ONEOK INC NEW
COMMON
682680103
393
7755
SH
SOLE
0
0
7755
ORACLE CORP
COMMON
68389X105
1996
28444
SH
SOLE
0
0
28444
PAYCHEX INC
COMMON
704326107
38000
387679
SH
SOLE
0
0
387679
PEPSICO INC
COMMON
713448108
36894
260828
SH
SOLE
0
0
260828
PFIZER INC
COMMON
717081103
2361
65170
SH
SOLE
0
0
65170
PHILIP MORRIS INTL INC
COMMON
718172109
1768
19919
SH
SOLE
0
0
19919
PNC FINL SVCS GROUP INC
COMMON
693475105
511
2916
SH
SOLE
0
0
2916
PPG INDS INC
COMMON
693506107
326
2169
SH
SOLE
0
0
2169
PROASSURANCE CORP
COMMON
74267C106
557
20816
SH
SOLE
0
0
20816
PROCTER AND GAMBLE CO
COMMON
742718109
37168
274444
SH
SOLE
0
0
274444
QUALCOMM INC
COMMON
747525103
34294
258650
SH
SOLE
0
0
258650
RAYTHEON TECHNOLOGIES CORP
COMMON
75513E101
35477
459125
SH
SOLE
0
0
459125
REAVES UTIL INCOME FD
COMMON
756158101
343
10244
SH
SOLE
0
0
10244
REGIONS FINANCIAL CORP NEW
COMMON
7591EP100
2423
117272
SH
SOLE
0
0
117272
RELIANT BANCORP INC
COMMON
75956B101
1490
51864
SH
SOLE
0
0
51864
RENAISSANCERE HLDGS LTD
COMMON
G7496G103
232
1450
SH
SOLE
0
0
1450
REPUBLIC SVCS INC
COMMON
760759100
543
5469
SH
SOLE
0
0
5469
ROSS STORES INC
COMMON
778296103
278
2319
SH
SOLE
0
0
2319
ROYAL BK CDA
COMMON
780087102
598
6490
SH
SOLE
0
0
6490
RYMAN HOSPITALITY PPTYS INC
COMMON
78377T107
213
2750
SH
SOLE
0
0
2750
SCHWAB STRATEGIC TR
COMMON
808524300
691
5323
SH
SOLE
0
0
5323
SELECT SECTOR SPDR TR
COMMON
81369Y506
277
5643
SH
SOLE
0
0
5643
SELECT SECTOR SPDR TR
COMMON
81369Y704
353
3585
SH
SOLE
0
0
3585
SELECT SECTOR SPDR TR
COMMON
81369Y803
315
2370
SH
SOLE
0
0
2370
SERVISFIRST BANCSHARES INC
COMMON
81768T108
91129
1485879
SH
SOLE
0
0
1485879
SHERWIN WILLIAMS CO
COMMON
824348106
1834
2485
SH
SOLE
0
0
2485
SMUCKER J M CO
COMMON
832696405
334
2641
SH
SOLE
0
0
2641
SONY CORP
COMMON
835699307
530
5000
SH
SOLE
0
0
5000
SOUTHERN CO
COMMON
842587107
39090
628858
SH
SOLE
0
0
628858
SPDR GOLD TR
COMMON
78463V107
984
6153
SH
SOLE
0
0
6153
SPDR S&P 500 ETF TR
COMMON
78462F103
6102
15396
SH
SOLE
0
0
15396
STARBUCKS CORP
COMMON
855244109
526
4812
SH
SOLE
0
0
4812
STATE STR CORP
COMMON
857477103
353
4198
SH
SOLE
0
0
4198
STRYKER CORPORATION
COMMON
863667101
2051
8421
SH
SOLE
0
0
8421
SYNOVUS FINL CORP
COMMON
87161C501
2544
55604
SH
SOLE
0
0
55604
SYSCO CORP
COMMON
871829107
285
3624
SH
SOLE
0
0
3624
TARGET CORP
COMMON
87612E106
2996
15126
SH
SOLE
0
0
15126
TEXAS INSTRS INC
COMMON
882508104
932
4929
SH
SOLE
0
0
4929
TEXTRON INC
COMMON
883203101
224
4000
SH
SOLE
0
0
4000
TJX COS INC NEW
COMMON
872540109
1566
23681
SH
SOLE
0
0
23681
TRUIST FINL CORP
COMMON
89832Q109
3000
51437
SH
SOLE
0
0
51437
UNILEVER PLC
COMMON
904767704
30306
542823
SH
SOLE
0
0
542823
US BANCORP DEL
COMMON
902973304
507
9163
SH
SOLE
0
0
9163
VANGUARD INDEX FDS
COMMON
922908363
8795
24141
SH
SOLE
0
0
24141
VANGUARD INDEX FDS
COMMON
922908736
334
1299
SH
SOLE
0
0
1299
VANGUARD INDEX FDS
COMMON
922908744
266
2023
SH
SOLE
0
0
2023
VANGUARD SCOTTSDALE FDS
COMMON
92206C102
501
8142
SH
SOLE
0
0
8142
VANGUARD SCOTTSDALE FDS
COMMON
92206C730
846
4569
SH
SOLE
0
0
4569
VANGUARD SPECIALIZED FUNDS
COMMON
921908844
206
1398
SH
SOLE
0
0
1398
VANGUARD WHITEHALL FDS
COMMON
921946406
379
3747
SH
SOLE
0
0
3747
VANGUARD WORLD FDS
COMMON
92204A702
224
626
SH
SOLE
0
0
626
VERIZON COMMUNICATIONS INC
COMMON
92343V104
32992
567360
SH
SOLE
0
0
567360
VIACOMCBS INC
COMMON
92556H107
246
5210
SH
SOLE
0
0
5210
VISA INC
COMMON
92826C839
3063
14469
SH
SOLE
0
0
14469
VULCAN MATLS CO
COMMON
929160109
4507
26711
SH
SOLE
0
0
26711
WALGREENS BOOTS ALLIANCE INC
COMMON
931427108
408
7436
SH
SOLE
0
0
7436
WALMART INC
COMMON
931142103
1975
14538
SH
SOLE
0
0
14538
WASTE MGMT INC DEL
COMMON
94106L109
747
5786
SH
SOLE
0
0
5786
WATTS WATER TECHNOLOGIES INC
COMMON
942749102
261
2200
SH
SOLE
0
0
2200
WELLS FARGO CO NEW
COMMON
949746101
228
5833
SH
SOLE
0
0
5833
WELLTOWER INC
COMMON
95040Q104
960
13400
SH
SOLE
0
0
13400
WHIRLPOOL CORP
COMMON
963320106
220
1000
SH
SOLE
0
0
1000
XCEL ENERGY INC
COMMON
98389B100
548
8240
SH
SOLE
0
0
8240
XYLEM INC
COMMON
98419M100
400
3800
SH
SOLE
0
0
3800
YUM BRANDS INC
COMMON
988498101
633
5852
SH
SOLE
0
0
5852
YUM CHINA HLDGS INC
COMMON
98850P109
327
5523
SH
SOLE
0
0
5523
ZIMMER BIOMET HOLDINGS INC
COMMON
98956P102
399
2494
SH
SOLE
0
0
2494
ZIOPHARM ONCOLOGY INC
COMMON
98973P101
173
48000
SH
SOLE
0
0
48000