Welch Group, LLC

$2.7B reported 13(f) long value · latest quarter 2026-06-30 · CIK 1443095 · EDGAR ↗

sum of disclosed values for 2026-03-31; 0 positions carry a NULL value and are excluded from the sum, surfaced here rather than folded away: $2.7B
ALL retained default holdings for this (filer, period), including NULL-value ones: 310
positions with no comparable holding in the prior quarter (kind new), 2026-03-31: 24
positions absent from this quarter's filing after being held last quarter (kind exit), 2026-03-31 — inferred from absence, not a sale record: 23

A quarter-end snapshot. Filed up to 45 days later, so this page is not current holdings and never a complete portfolio. what a 13F is — and is not ↓ methodology §13F ↗

Position changes — into 2026-03-31

by shares · Δ value · filing link · how changes are classified §

Position changes into quarter 2026-03-31
position matched across quarters by exact reported CUSIP over a registry gap — producer-reconciled identity, never a name match `identity_reconciled_by_cusip`	the reported share count is unchanged across the pair; this build's data classified the change from its reported value; builds from 2026-09-10 on read it as NO CHANGE `classified_by_value` · EXIT = absent this quarter: disposed, delisted, under confidential treatment, or reported instead by an affiliated manager — the filing does not say which · change not classifiable: value undisclosed on one side of the quarter pair, or neither shares nor value can classify it · NO CHANGE = the share count is identical in both quarters; the value moved only with price, so the row is mark-to-market and never an ADD or a TRIM (NEW / ADD / TRIM / EXIT / NO CHANGE) · NO PRIOR = this filer has no comparable holdings list for the previous quarter on record — a first filing under this registration, or a quarter reported inside an affiliated manager's filing — so the position is not called a new stake	derived by Public Filings from the published aggregate; NULL means the source did not disclose a usable value — never zero	reported unit changed across the pair (SH↔PRN); the share delta is withheld rather than fabricated `shares_unit_mismatch`	Prev value	Curr value	Prev shares	Curr shares
position key `pos:13215` · issuer key `iss:144` COMMON	TRIM	−$7.0M	−649	$102M	$95.2M	375,861	375,212
position key `pos:15626` · issuer key `iss:1529` COMMON	TRIM	−$2.5M	−37,497	$91.9M	$89.4M	500,842	463,345
position key `pos:11717` · issuer key `iss:440` COMMON	ADD	+$23.5M	+327	$65.5M	$89.0M	429,985	430,312
position key `pos:14552` · issuer key `iss:711` COMMON	TRIM	+$23.0M	−23,963	$66.0M	$89.0M	548,346	524,383
position key `pos:13599` · issuer key `iss:1035` COMMON	TRIM	+$9.1M	−21,073	$78.7M	$87.8M	380,080	359,007
position key `pos:18039` · issuer key `iss:1025` COMMON	TRIM	−$9.1M	−4,035	$90.6M	$81.5M	281,039	277,004
position key `pos:15499` · issuer key `iss:23` COMMON	TRIM	−$4.4M	−1,664	$84.0M	$79.6M	367,597	365,933
position key `pos:11825` · issuer key `iss:1225` COMMON	ADD	−$20.7M	+7,442	$100.0M	$79.3M	206,681	214,123
position key `pos:10718` · issuer key `iss:1311` COMMON	TRIM	+$9.4M	−16,487	$69.8M	$79.2M	869,421	852,934
position key `pos:17173` · issuer key `iss:1138` COMMON	TRIM	+$12.4M	−6,028	$64.2M	$76.5M	132,684	126,656
position key `pos:13738` · issuer key `iss:1698` COMMON	ADD	+$7.6M	+3,531	$68.0M	$75.6M	779,260	782,791
position key `pos:11944` · issuer key `iss:454` COMMON	TRIM	−$934K	−19,004	$74.4M	$73.5M	965,959	946,955
position key `pos:10136` · issuer key `iss:990` COMMON	ADD	−$15.0M	+2,909	$86.5M	$71.5M	291,893	294,802
position key `sid:sec:prov:ae5bf3a178debb37b4dc9001d5c88b74` · issuer key `cusip6:81768T` COMMON	TRIM	−$964K	−27,572	$72.0M	$71.1M	1,003,503	975,931
position key `pos:16096` · issuer key `iss:1206` COMMON	ADD	+$2.0M	+2,845	$64.9M	$66.8M	212,229	215,074
position key `pos:10715` · issuer key `iss:916` COMMON	ADD	−$462K	+7,080	$63.1M	$62.7M	183,438	190,518
position key `pos:15813` · issuer key `iss:449` COMMON	TRIM	−$2.8M	−2,588	$65.2M	$62.4M	399,079	396,491
position key `pos:14885` · issuer key `iss:1830` COMMON	ADD	−$4.1M	+5,100	$65.2M	$61.1M	1,324,063	1,329,163
position key `pos:16185` · issuer key `iss:647` COMMON	TRIM	−$2.6M	−13,289	$63.6M	$61.1M	479,571	466,282
position key `pos:10935` · issuer key `iss:1902` COMMON	ADD	+$12.3M	+21,632	$48.2M	$60.4M	1,182,228	1,203,860
position key `pos:10790` · issuer key `iss:1444` COMMON	ADD	+$11.0M	+165,513	$49.4M	$60.3M	1,982,578	2,148,091
position key `pos:11354` · issuer key `iss:506` COMMON	ADD	+$7.4M	+927	$52.5M	$59.9M	528,169	529,096
position key `pos:17983` · issuer key `iss:799` COMMON	ADD	−$4.5M	+23,787	$59.3M	$54.8M	229,225	253,012
position key `pos:17533` · issuer key `iss:1509` COMMON	ADD	−$12.3M	+31,192	$66.1M	$53.8M	386,404	417,596
position key `pos:14992` · issuer key `iss:1485` COMMON	ADD	+$3.6M	+22,509	$49.8M	$53.5M	347,845	370,354
position key `pos:10434` · issuer key `iss:482` COMMON	ADD	+$5.0M	+13,652	$48.5M	$53.4M	613,176	626,828
position key `pos:13833` · issuer key `iss:1435` COMMON	ADD	+$5.9M	+13,215	$46.9M	$52.8M	326,764	339,979
position key `pos:16841` · issuer key `iss:1791` COMMON	ADD	+$6.2M	+4,163	$45.7M	$51.9M	263,129	267,292
position key `pos:11461` · issuer key `iss:102` COMMON	ADD	+$11.8M	+51,267	$37.5M	$49.3M	325,185	376,452
position key `pos:14282` · issuer key `iss:1417` COMMON	ADD	−$1.0M	+77,646	$45.6M	$44.6M	406,802	484,448
position key `pos:11588` · issuer key `iss:1058` COMMON	ADD	+$10.4M	+122,577	$32.7M	$43.1M	324,477	447,054
position key `pos:15642` · issuer key `iss:1334` COMMON	TRIM	−$2.2M	−322	$33.0M	$30.8M	176,997	176,675
position key `pos:13432` · issuer key `iss:411` COMMON	TRIM	+$4.4M	−1,519	$23.3M	$27.7M	40,627	39,108
position key `pos:10493` · issuer key `iss:471` COMMON	TRIM	+$1.7M	−55	$19.1M	$20.8M	273,740	273,685
position key `sid:sec:prov:472af252cda1e0f13d5ff2184a64a0e5` · issuer key `cusip6:72201R` COMMON	ADD	+$272K	+23,857	$19.6M	$19.9M	735,021	758,878
position key `pos:15142` · issuer key `iss:89` COMMON	TRIM	−$2.0M	−1,145	$20.3M	$18.3M	64,794	63,649
position key `pos:13471` · issuer key `iss:562` COMMON	ADD	+$2.7M	+48	$12.6M	$15.2M	27,013	27,061
position key `pos:14175` · issuer key `iss:95` COMMON	ADD	−$1.0M	+2,068	$15.1M	$14.1M	65,396	67,464
position key `pos:14060` · issuer key `iss:47` COMMON	TRIM	−$862K	−671	$14.5M	$13.6M	67,622	66,951
position key `pos:11938` · issuer key `iss:834` COMMON	TRIM	−$819K	−331	$14.4M	$13.5M	16,337	16,006
position key `pos:12848` · issuer key `iss:1921` COMMON	ADD	−$1.3M	+1,844	$13.7M	$12.4M	39,154	40,998
position key `pos:15221` · issuer key `iss:1228` COMMON	ADD	+$1.9M	+45	$10.2M	$12.1M	35,912	35,957
position key `pos:17899` · issuer key `iss:1745` COMMON	ADD	+$483K	+159	$11.5M	$12.0M	75,098	75,257
position key `pos:10307` · issuer key `iss:1012` COMMON	TRIM	−$1.2M	−887	$13.1M	$11.9M	19,139	18,252
position key `pos:16072` · issuer key `iss:1370` COMMON	ADD	−$2.3M	+6,331	$13.3M	$11.0M	68,286	74,617
position key `pos:12827` · issuer key `iss:323` COMMON	ADD	−$1.2M	+67	$11.6M	$10.4M	33,567	33,634
position key `pos:11390` · issuer key `iss:720` COMMON	ADD	−$949K	+882	$10.9M	$10.0M	16,525	17,407
position key `pos:16347` · issuer key `iss:1759` COMMON	ADD	+$3.6M	+18,110	$6.0M	$9.7M	61,530	79,640
position key `pos:15622` · issuer key `iss:282` COMMON	ADD	−$1.0M	+13,824	$10.3M	$9.3M	66,949	80,773
position key `pos:14206` · issuer key `iss:1193` COMMON	ADD	−$521K	+1,371	$9.7M	$9.1M	16,934	18,305
position key `pos:12366` · issuer key `iss:22` COMMON	ADD	−$1.0M	+7,706	$10.2M	$9.1M	81,285	88,991
position key `pos:15220` · issuer key `iss:1725` COMMON	ADD	−$69.1K	+1,551	$8.9M	$8.8M	25,297	26,848
position key `pos:13768` · issuer key `iss:1651` COMMON	ADD	+$399K	+1,520	$8.2M	$8.6M	25,382	26,902
position key `pos:11584` · issuer key `iss:403` COMMON	ADD	+$1.4M	+17,173	$6.7M	$8.1M	126,006	143,179
position key `pos:14782` · issuer key `iss:1406` COMMON	ADD	+$411K	+8,692	$7.6M	$8.0M	41,149	49,841
position key `pos:14157` · issuer key `iss:149` COMMON	ADD	+$7.0M	+19,963	$493K	$7.5M	1,918	21,881
position key `pos:15863` · issuer key `iss:1123` COMMON	TRIM	−$1.2M	−37	$8.3M	$7.0M	7,686	7,649
position key `pos:16107` · issuer key `iss:830` COMMON	TRIM	−$89.9K	−414	$6.6M	$6.5M	46,875	46,461
position key `pos:10357` · issuer key `iss:1786` COMMON	ADD	+$4.8M	+13,509	$1.4M	$6.2M	3,212	16,721
position key `pos:13490` · issuer key `iss:1939` COMMON	TRIM	+$529K	−1,014	$5.7M	$6.2M	50,903	49,889
position key `pos:11849` · issuer key `iss:104` COMMON	ADD	−$1.3M	+16	$7.0M	$5.7M	18,892	18,908
position key `sid:sec:prov:127f0021d8310eeeecdea8298c5f12e5` · issuer key `cusip6:922908` COMMON	TRIM	−$1.0M	−1,197	$6.3M	$5.2M	9,972	8,775
position key `pos:15892` · issuer key `iss:7` COMMON	TRIM	−$941K	−8,299	$5.9M	$5.0M	53,635	45,336
position key `pos:14579` · issuer key `iss:1990` COMMON	ADD	+$2.8M	+28,481	$1.8M	$4.6M	21,040	49,521
position key `pos:17751` · issuer key `iss:1214` COMMON	ADD	+$795K	+2,302	$3.6M	$4.4M	34,481	36,783
position key `pos:12525` · issuer key `iss:1319` COMMON	ADD	+$3.3M	+11,380	$902K	$4.2M	3,123	14,503
position key `pos:15580` · issuer key `iss:1538` COMMON	ADD	−$72.3K	+2,763	$4.0M	$3.9M	147,472	150,235
position key `pos:11237` · issuer key `iss:1601` COMMON	TRIM	+$82.7K	−569	$3.8M	$3.9M	9,639	9,070
position key `sid:sec:prov:5c0159d8e365eac662fab857eba96ecb` · issuer key `cusip6:92206C` COMMON	ADD	+$158K	+2,910	$3.7M	$3.9M	63,425	66,335
position key `pos:17821` · issuer key `iss:89` COMMON	ADD	−$341K	+38	$4.1M	$3.8M	13,073	13,111
position key `pos:15198` · issuer key `iss:1445` COMMON	TRIM	+$55.7K	−314	$3.5M	$3.5M	21,780	21,466
position key `pos:11570` · issuer key `iss:1599` COMMON	TRIM	−$5.6M	−7,968	$9.0M	$3.4M	13,265	5,297
position key `pos:15015` · issuer key `iss:92` COMMON	ADD	+$354K	+45	$2.4M	$2.8M	42,196	42,241
position key `pos:17728` · issuer key `iss:1455` COMMON	NEW	+$2.7M	+31,702	$0	$2.7M	—	31,702
position key `pos:11173` · issuer key `iss:995` COMMON	ADD	−$102K	+102	$2.7M	$2.6M	4,324	4,426
position key `pos:16441` · issuer key `iss:16` COMMON	TRIM	+$315K	−1,797	$2.2M	$2.5M	88,574	86,777
position key `pos:13422` · issuer key `iss:1012` COMMON	TRIM	−$1.3M	−16,151	$3.8M	$2.4M	45,614	29,463
position key `pos:12030` · issuer key `iss:525` COMMON	TRIM	+$50.5K	−257	$2.0M	$2.0M	2,286	2,029
position key `pos:11688` · issuer key `iss:1955` COMMON	ADD	−$326K	+7	$2.2M	$1.9M	23,996	24,003
position key `pos:17928` · issuer key `iss:1322` COMMON	TRIM	+$284K	−46	$1.6M	$1.9M	2,816	2,770
position key `pos:14916` · issuer key `iss:1946` COMMON	TRIM	+$60.8K	−100	$1.8M	$1.9M	8,316	8,216
position key `pos:15690` · issuer key `iss:610` COMMON	TRIM	+$110K	−563	$1.6M	$1.7M	13,370	12,807
position key `pos:12445` · issuer key `iss:1405` COMMON	ADD	+$658K	+5,651	$951K	$1.6M	5,351	11,002
position key `pos:15035` · issuer key `iss:505` COMMON	TRIM	+$431K	−125	$1.1M	$1.5M	11,663	11,538
position key `pos:13234` · issuer key `iss:230` COMMON	TRIM	−$224K	−608	$1.7M	$1.5M	31,119	30,511
position key `pos:11024` · issuer key `iss:1014` COMMON	TRIM	−$269K	−5,439	$1.8M	$1.5M	27,230	21,791
position key `pos:12944` · issuer key `cusip6:922908` COMMON	ADD	+$150K	+645	$1.3M	$1.5M	3,950	4,595
position key `pos:18044` · issuer key `iss:1013` COMMON	ADD	+$1.0M	+8,468	$468K	$1.5M	3,917	12,385
position key `sid:sec:prov:28aa181b6d7eb8f2a02c1f64e598413e` · issuer key `cusip6:05946K` COMMON	TRIM	−$141K	−1,302	$1.6M	$1.5M	68,497	67,195
position key `pos:14360` · issuer key `iss:1327` COMMON	TRIM	+$115K	−190	$1.3M	$1.4M	9,656	9,466
position key `pos:17573` · issuer key `iss:815` COMMON	TRIM	−$272K	−317	$1.7M	$1.4M	13,873	13,556
position key `pos:13079` · issuer key `iss:1364` COMMON	ADD	+$260K	+122	$1.1M	$1.3M	14,737	14,859
position key `pos:13933` · issuer key `iss:1307` COMMON	TRIM	+$73.8K	−277	$1.2M	$1.3M	12,357	12,080
position key `sid:sec:prov:303540766d2ecf333f46440f72a108ab` · issuer key `cusip6:92206C` COMMON	TRIM	−$63.4K	−15	$1.3M	$1.2M	4,237	4,222
position key `pos:17724` · issuer key `iss:576` COMMON	ADD	+$451K	+1,236	$653K	$1.1M	4,341	5,577
position key `pos:14585` · issuer key `iss:1246` COMMON	TRIM	+$48.5K	−442	$1.0M	$1.1M	19,423	18,981
position key `sid:sec:prov:4252b4f3709914f645284b0206172232` · issuer key `cusip6:78468R` COMMON	ADD	+$34.9K	+349	$1.1M	$1.1M	11,528	11,877
position key `pos:11610` · issuer key `iss:287` COMMON	TRIM	−$157K	−35	$1.2M	$1.1M	1,139	1,104
position key `pos:15433` · issuer key `iss:1290` COMMON	ADD	+$125K	+1,050	$928K	$1.1M	9,894	10,944
position key `pos:11267` · issuer key `iss:2257` COMMON	TRIM	+$33.9K	−33	$1.0M	$1.0M	3,237	3,204

Flags: no row carries a flag.

1–20 of the 100 changes on this page

Mark-to-market only (no share change) · 103

Positions whose share count is identical in both quarters; the value changed with price, not with a decision.

Positions held with no share change into quarter 2026-03-31
position matched across quarters by exact reported CUSIP over a registry gap — producer-reconciled identity, never a name match `identity_reconciled_by_cusip`	the reported share count is unchanged across the pair; this build's data classified the change from its reported value; builds from 2026-09-10 on read it as NO CHANGE `classified_by_value` · EXIT = absent this quarter: disposed, delisted, under confidential treatment, or reported instead by an affiliated manager — the filing does not say which · change not classifiable: value undisclosed on one side of the quarter pair, or neither shares nor value can classify it · NO CHANGE = the share count is identical in both quarters; the value moved only with price, so the row is mark-to-market and never an ADD or a TRIM (NEW / ADD / TRIM / EXIT / NO CHANGE) · NO PRIOR = this filer has no comparable holdings list for the previous quarter on record — a first filing under this registration, or a quarter reported inside an affiliated manager's filing — so the position is not called a new stake	derived by Public Filings from the published aggregate; NULL means the source did not disclose a usable value — never zero	Prev value	Curr value	Prev shares	Curr shares
position key `pos:12141` · issuer key `iss:1933` COMMON	NO CHANGE	−$355K	$7.8M	$7.5M	27,492	27,492
position key `pos:10427` · issuer key `iss:1241` COMMON	NO CHANGE	+$1.1M	$1.7M	$2.8M	13,000	13,000
position key `pos:10643` · issuer key `iss:1258` COMMON	NO CHANGE	−$88.0K	$2.5M	$2.4M	22,000	22,000
position key `pos:11177` · issuer key `iss:1956` COMMON	NO CHANGE	+$130K	$2.0M	$2.1M	10,731	10,731
position key `pos:18104` · issuer key `iss:233` COMMON	NO CHANGE	+$43.0K	$2.0M	$2.0M	16,936	16,936
position key `pos:13350` · issuer key `iss:531` COMMON	NO CHANGE	−$148K	$2.0M	$1.9M	11,000	11,000
position key `pos:13287` · issuer key `iss:1548` COMMON	NO CHANGE	+$57.6K	$1.7M	$1.8M	8,123	8,123
position key `pos:13699` · issuer key `iss:841` COMMON	NO CHANGE	+$55.4K	$1.7M	$1.7M	20,653	20,653
position key `pos:13876` · issuer key `iss:917` COMMON	NO CHANGE	+$234K	$1.5M	$1.7M	7,579	7,579
position key `pos:14354` · issuer key `iss:2031` COMMON	NO CHANGE	−$155K	$1.8M	$1.7M	5,148	5,148
position key `pos:18249` · issuer key `iss:1949` COMMON	NO CHANGE	+$77.1K	$1.5M	$1.6M	5,400	5,400
position key `pos:14456` · issuer key `iss:1794` COMMON	NO CHANGE	+$6.0K	$1.3M	$1.3M	15,400	15,400
position key `pos:16642` · issuer key `iss:789` COMMON	NO CHANGE	+$8.6K	$1.3M	$1.3M	7,512	7,512
position key `pos:11403` · issuer key `iss:1342` COMMON	NO CHANGE	+$14.7K	$1.2M	$1.2M	13,342	13,342
position key `sid:sec:prov:e80cc45ae7833b901a24570947177154` · issuer key `cusip6:921909` COMMON	NO CHANGE	+$22.1K	$999K	$1.0M	13,239	13,239
position key `pos:12958` · issuer key `iss:660` COMMON	NO CHANGE	+$146K	$857K	$1.0M	4,000	4,000
position key `sid:sec:prov:65acf86cb93a8a0536233b3561856d85` · issuer key `cusip6:047726` COMMON	NO CHANGE	+$97.7K	$891K	$989K	20,976	20,976
position key `pos:16546` · issuer key `iss:1276` COMMON	NO CHANGE	+$141K	$809K	$950K	10,108	10,108
position key `pos:14555` · issuer key `iss:1996` COMMON	NO CHANGE	−$130K	$1.1M	$932K	7,802	7,802
position key `pos:16286` · issuer key `iss:1862` COMMON	NO CHANGE	−$91.2K	$914K	$823K	1,129	1,129
position key `pos:14112` · issuer key `iss:159` COMMON	NO CHANGE	−$1.4K	$797K	$796K	7,500	7,500
position key `pos:13670` · issuer key `iss:1168` COMMON	NO CHANGE	+$153K	$631K	$784K	2,439	2,439
position key `sid:sec:prov:89808e5e9b2717aa91bef466fb624798` · issuer key `cusip6:756158` COMMON	NO CHANGE	+$53.3K	$722K	$775K	19,729	19,729
position key `pos:16204` · issuer key `iss:755` COMMON	NO CHANGE	+$40.7K	$683K	$724K	9,850	9,850
position key `pos:12048` · issuer key `iss:665` COMMON	NO CHANGE	+$126K	$583K	$708K	6,303	6,303
position key `pos:13458` · issuer key `iss:952` COMMON	NO CHANGE	+$43.0K	$660K	$703K	3,707	3,707
position key `pos:16044` · issuer key `iss:943` COMMON	NO CHANGE	+$247K	$406K	$653K	48,396	48,396
position key `pos:10661` · issuer key `iss:2286` COMMON	NO CHANGE	+$103K	$536K	$639K	58,118	58,118
position key `pos:11609` · issuer key `iss:1447` COMMON	NO CHANGE	+$177K	$431K	$608K	3,337	3,337
position key `pos:12848` · issuer key `iss:1921` COMMON PUT · PRN	NO CHANGE	−$96.9K	$701K	$604K	2,000	2,000
position key `pos:13590` · issuer key `iss:1189` COMMON	NO CHANGE	−$34.5K	$632K	$598K	1,015	1,015
position key `pos:10600` · issuer key `iss:821` COMMON	NO CHANGE	+$69.6K	$514K	$583K	4,184	4,184
position key `pos:11873` · issuer key `iss:901` COMMON	NO CHANGE	−$283K	$861K	$577K	5,800	5,800
position key `pos:14787` · issuer key `iss:1180` COMMON	NO CHANGE	+$185K	$368K	$553K	2,264	2,264
position key `pos:17409` · issuer key `cusip6:921943` COMMON	NO CHANGE	+$13.7K	$532K	$546K	8,513	8,513
position key `pos:14444` · issuer key `iss:1633` COMMON	NO CHANGE	+$12.5K	$532K	$544K	19,536	19,536
position key `pos:15125` · issuer key `iss:1798` COMMON	NO CHANGE	−$94.1K	$620K	$526K	1,070	1,070
position key `pos:12594` · issuer key `iss:951` COMMON	NO CHANGE	+$60.0K	$463K	$523K	3,656	3,656
position key `pos:12450` · issuer key `iss:1693` COMMON	NO CHANGE	−$123K	$644K	$521K	25,156	25,156
position key `pos:10773` · issuer key `iss:1863` COMMON	NO CHANGE	−$82.3K	$590K	$508K	11,000	11,000
position key `pos:10950` · issuer key `iss:1588` COMMON	NO CHANGE	−$12.3K	$497K	$484K	5,250	5,250
position key `sid:sec:prov:ead4136001e20c053d7f45b14bcdc536` · issuer key `cusip6:46429B` COMMON	NO CHANGE	−$7.2K	$481K	$473K	5,104	5,104
position key `pos:13340` · issuer key `iss:666` COMMON	NO CHANGE	+$70.8K	$392K	$463K	12,242	12,242
position key `pos:11045` · issuer key `iss:947` COMMON	NO CHANGE	+$40.9K	$417K	$458K	2,402	2,402
position key `pos:11810` · issuer key `iss:1633` COMMON	NO CHANGE	−$21.1K	$472K	$451K	14,380	14,380
position key `pos:12281` · issuer key `iss:1321` COMMON	NO CHANGE	+$9.4K	$431K	$440K	3,153	3,153
position key `pos:13856` · issuer key `iss:1889` COMMON	NO CHANGE	−$3.0K	$443K	$440K	1,100	1,100
position key `pos:12265` · issuer key `cusip6:002474` COMMON	NO CHANGE	+$62.8K	$375K	$438K	3,500	3,500
position key `pos:17934` · issuer key `iss:2195` COMMON	NO CHANGE	+$23.3K	$408K	$431K	1,450	1,450
position key `pos:12766` · issuer key `iss:1817` COMMON	NO CHANGE	+$2.4K	$426K	$428K	1,467	1,467
position key `pos:12498` · issuer key `iss:1272` COMMON	NO CHANGE	−$61.6K	$488K	$427K	5,029	5,029
position key `pos:13014` · issuer key `iss:1013` COMMON	NO CHANGE	+$30.8K	$391K	$422K	9,906	9,906
position key `pos:11002` · issuer key `iss:696` COMMON	NO CHANGE	+$11.7K	$406K	$417K	6,023	6,023
position key `pos:16507` · issuer key `iss:508` COMMON	NO CHANGE	−$110K	$525K	$415K	1,487	1,487
position key `pos:16868` · issuer key `iss:1012` COMMON	NO CHANGE	+$9.0K	$390K	$399K	5,906	5,906
position key `pos:10907` · issuer key `iss:828` COMMON	NO CHANGE	−$58.9K	$452K	$393K	5,835	5,835
position key `pos:16556` · issuer key `iss:1013` COMMON	NO CHANGE	−$3.5K	$389K	$385K	3,629	3,629
position key `pos:14503` · issuer key `iss:1578` COMMON	NO CHANGE	+$80.3K	$302K	$383K	4,115	4,115
position key `sid:sec:prov:79b170b8a5ace3b6ea08e4b3dcbdf6c0` · issuer key `cusip6:87283Q` COMMON	NO CHANGE	−$17.4K	$395K	$378K	9,238	9,238
position key `pos:10663` · issuer key `iss:1575` COMMON	NO CHANGE	+$63.5K	$313K	$377K	1,739	1,739
position key `sid:sec:prov:89cc3441e94df1e6ade34b90004054c1` · issuer key `cusip6:92204A` COMMON	NO CHANGE	+$101K	$270K	$370K	2,141	2,141
position key `pos:14572` · issuer key `iss:1825` COMMON	NO CHANGE	+$66.0K	$304K	$370K	11,500	11,500
position key `pos:10743` · issuer key `iss:1088` COMMON	NO CHANGE	+$55.1K	$314K	$369K	1,068	1,068
position key `pos:13348` · issuer key `iss:855` COMMON	NO CHANGE	−$4.9K	$368K	$363K	5,000	5,000
position key `pos:16747` · issuer key `iss:1013` COMMON	NO CHANGE	−$58.3K	$412K	$354K	6,630	6,630
position key `pos:13923` · issuer key `iss:1472` COMMON	NO CHANGE	−$646	$337K	$336K	3,400	3,400
position key `pos:17440` · issuer key `iss:716` COMMON	NO CHANGE	−$23.7K	$342K	$318K	6,127	6,127
position key `sid:sec:prov:fe4ef53ae5a2c78a2fe7262106790372` · issuer key `cusip6:81725T` COMMON	NO CHANGE	−$27.0K	$338K	$311K	3,600	3,600
position key `pos:16012` · issuer key `iss:1713` COMMON	NO CHANGE	+$18.6K	$291K	$310K	3,455	3,455
position key `sid:sec:prov:8cc6d731232d1ac429fb431a7ea6a184` · issuer key `cusip6:92189F` COMMON	NO CHANGE	+$19.8K	$283K	$303K	3,302	3,302
position key `pos:17056` · issuer key `iss:1012` COMMON	NO CHANGE	−$22.9K	$316K	$293K	920	920
position key `pos:11814` · issuer key `iss:371` COMMON	NO CHANGE	−$35.2K	$317K	$281K	1,013	1,013
position key `pos:13780` · issuer key `cusip6:922908` COMMON	NO CHANGE	−$4.5K	$285K	$281K	1,365	1,365
position key `pos:11411` · issuer key `iss:97` COMMON	NO CHANGE	+$24.6K	$245K	$269K	2,450	2,450
position key `pos:10986` · issuer key `cusip6:922908` COMMON	NO CHANGE	+$7.0K	$255K	$262K	1,336	1,336
position key `sid:sec:prov:f280c55c50ce6a33200bce883afe2789` · issuer key `cusip6:910710` COMMON	NO CHANGE	−$32.1K	$294K	$262K	23,288	23,288
position key `sid:sec:prov:f2cacfb949148378552d569c1e181dc5` · issuer key `cusip6:46641Q` COMMON	NO CHANGE	−$13.6K	$275K	$261K	2,227	2,227
position key `pos:17793` · issuer key `iss:1061` COMMON	NO CHANGE	+$20.1K	$239K	$259K	8,499	8,499
position key `sid:sec:prov:8c3baf8c5d120763933f4678c3eb2a9b` · issuer key `cusip6:83190L` COMMON	NO CHANGE	+$13.6K	$240K	$254K	6,499	6,499
position key `pos:17124` · issuer key `iss:593` COMMON	NO CHANGE	−$29.7K	$281K	$251K	2,118	2,118
position key `pos:16711` · issuer key `iss:435` COMMON	NO CHANGE	−$33.1K	$282K	$249K	660	660
position key `sid:sec:prov:48b5bad00a4e6a86ec35d5bccb3517f2` · issuer key `cusip6:85207K` COMMON	NO CHANGE	+$7.4K	$236K	$244K	9,993	9,993
position key `pos:11230` · issuer key `iss:1633` COMMON	NO CHANGE	−$11.9K	$252K	$240K	9,378	9,378
position key `pos:15267` · issuer key `iss:1395` COMMON	NO CHANGE	+$9.6K	$223K	$233K	2,181	2,181
position key `pos:18191` · issuer key `iss:1654` COMMON	NO CHANGE	−$82.9K	$315K	$232K	1,957	1,957
position key `pos:11684` · issuer key `iss:876` COMMON	NO CHANGE	−$328	$232K	$232K	3,643	3,643
position key `sid:sec:prov:4bf4a03276865e7070ffcb8527bf98a8` · issuer key `cusip6:922908` COMMON	NO CHANGE	−$19.5K	$249K	$230K	893	893
position key `pos:15134` · issuer key `iss:1844` COMMON	NO CHANGE	−$5.9K	$233K	$227K	4,367	4,367
position key `pos:17231` · issuer key `cusip6:922908` COMMON	NO CHANGE	+$3.5K	$222K	$225K	860	860
position key `pos:15343` · issuer key `iss:532` COMMON	NO CHANGE	−$35.6K	$259K	$223K	5,500	5,500
position key `pos:13489` · issuer key `cusip6:46654Q` COMMON	NO CHANGE	−$10.3K	$230K	$219K	3,950	3,950
position key `pos:12131` · issuer key `iss:1401` COMMON	NO CHANGE	+$11.4K	$208K	$219K	1,896	1,896
position key `sid:sec:prov:39e408469d02226a8e7a6e70cae0b2be` · issuer key `cusip6:74316P` COMMON	NO CHANGE	−$50.9K	$263K	$212K	4,018	4,018
position key `pos:15168` · issuer key `iss:456` COMMON	NO CHANGE	−$6.0K	$214K	$208K	1,833	1,833
position key `pos:17141` · issuer key `iss:993` COMMON	NO CHANGE	−$21.4K	$229K	$207K	5,804	5,804
position key `pos:13980` · issuer key `iss:1561` COMMON	NO CHANGE	−$51.6K	$218K	$167K	11,076	11,076
position key `sid:sec:prov:0ac2a3f2d94ee7d338a01967c59a25b9` · issuer key `cusip6:98923T` COMMON	NO CHANGE	−$16.0K	$150K	$134K	45,671	45,671
position key `sid:sec:prov:770414bbed6105f75f3b78564ede95fe` · issuer key `cusip6:590660` COMMON	NO CHANGE	+$11.0K	$68.6K	$79.6K	16,370	16,370
position key `sid:sec:prov:a1f8681eccd91f5b4f542eba9d48b925` · issuer key `cusip6:09173B` COMMON	NO CHANGE	−$13.1K	$76.9K	$63.8K	32,740	32,740
position key `pos:18243` · issuer key `iss:849` COMMON	NO CHANGE	−$6.2K	$59.9K	$53.7K	12,369	12,369
position key `sid:sec:prov:8e283ff869c7c14e8df8ad58f49bab17` · issuer key `cusip6:91702V` COMMON	NO CHANGE	+$1.6K	$50.0K	$51.5K	14,110	14,110
position key `sid:sec:prov:2963ccd5fe1ee811db95444813936baf` · issuer key `cusip6:961684` COMMON	NO CHANGE	−$2.2K	$17.2K	$15.0K	22,954	22,954
position key `sid:sec:prov:9bc2de160a6438af934ba018a550918c` · issuer key `cusip6:14838T` COMMON	NO CHANGE	−$3.1K	$9.0K	$5.9K	10,000	10,000

Flags: no row carries a flag.

Newest filing in this build: 2026-07-31. Per-row filing dates are on each receipt.

Truncated by Public Filings. Changes compare every position with a security identifier, new and exited included; holdings without one are counted, not compared. methodology §13F ↗

Reported positions — 2026-03-31

1–100 of 274 issuers · $2.7B disclosed value over 310 rows · 0 undisclosed-value rows

View

This build carries one quarter for this manager: 2026-03-31. Notable managers carry four published quarters, others two.

This list carries reported issuer names and security identities, without a dated ticker mapping. Symbols are not inferred from names.

a position composed from a base filing plus NEW-HOLDINGS amendments keeps every source row here; the composition's latest filed date is the one shown served from this build's published holdings (derived from the filer's own reported rows); every row resolves to its filing

Share of total reported value, calculated only when the full position list has disclosed values. This is 13F long value, not total assets.

value undisclosed on the filing: retained and counted, excluded from sums, never shown as $0

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

APPLE INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$95.2M

375,212

3.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

RTX CORPORATION · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$89.4M

463,345

3.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

CHEVRON CORPORATION · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$89.0M

430,312

3.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

EXXON MOBIL CORP · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$89.0M

524,383

3.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

JOHNSON & JOHNSON · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$87.8M

359,007

3.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

JPMORGAN CHASE & CO · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$81.5M

277,004

3.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ABBVIE INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$79.6M

365,933

3.0%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MICROSOFT CORP · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$79.3M

214,123

3.0%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

NEXTERA ENERGY INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$79.2M

852,934

3.0%

—

LOCKHEED MARTIN CORP · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$76.5M

126,656

2.9%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

SOUTHERN CO · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$75.6M

782,791

2.8%

—

CISCO SYS INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$73.5M

946,955

2.8%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

INTERNATIONAL BUSINESS MACHS · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$71.5M

294,802

2.7%

—

SERVISFIRST BANCSHARES INC · COMMON CUSIP 81768T108
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$71.1M

975,931

2.7%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MCDONALDS CORP · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$66.8M

215,074

2.5%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

HOME DEPOT INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$62.7M

190,518

2.4%

—

CINCINNATI FINL CORP · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$62.4M

396,491

2.3%

—

TRUIST FINL CORP · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$61.1M

1,329,163

2.3%

—

EMERSON ELEC CO · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$61.1M

466,282

2.3%

—

VERIZON COMMUNICATIONS INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$60.4M

1,203,860

2.3%

—

PFIZER INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$60.3M

2,148,091

2.3%

—

CONSOLIDATED EDISON INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$59.9M

529,096

2.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

GALLAGHER ARTHUR J & CO · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$54.8M

253,012

2.1%

—

QUALCOMM INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$53.8M

417,596

2.0%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

PROCTER & GAMBLE CO · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$53.5M

370,354

2.0%

—

COLGATE PALMOLIVE CO · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$53.4M

626,828

2.0%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

PEPSICO INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$52.8M

339,979

2.0%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

TEXAS INSTRS INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$51.9M

267,292

1.9%

—

AMERICAN ELEC PWR CO INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$49.3M

376,452

1.9%

—

PAYCHEX INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$44.6M

484,448

1.7%

—

KIMBERLY-CLARK CORP · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$43.1M

447,054

1.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

NVIDIA CORPORATION · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$30.8M

176,675

1.2%

—

CATERPILLAR INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$27.7M

39,108

1.0%

—

ALPHABET INC

2 positions · 2 reported rows

Rows Welch Group, LLC reported for ALPHABET INC, as it reported them
ALPHABET INC · COMMON CUSIP — src ↗	$18.3M	63,649
ALPHABET INC · COMMON CUSIP — src ↗	$3.8M	13,111

ticker not yet mapped

$22.1M

76,760

0.8%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

COCA COLA CO · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$20.8M

273,685

0.8%

—

PIMCO ETF TR · COMMON CUSIP 72201R585
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$19.9M

758,878

0.7%

—

ISHARES TR

11 positions · 11 reported rows

Rows Welch Group, LLC reported for ISHARES TR, as it reported them
ISHARES TR · COMMON CUSIP — src ↗	$11.9M	18,252
ISHARES TR · COMMON CUSIP — src ↗	$2.4M	29,463
ISHARES TR · COMMON CUSIP — src ↗	$784K	3,161
ISHARES TR · COMMON CUSIP — src ↗	$707K	4,667
ISHARES TR · COMMON CUSIP — src ↗	$662K	5,857
ISHARES TR · COMMON CUSIP — src ↗	$433K	4,463
ISHARES TR · COMMON CUSIP — src ↗	$399K	5,906
ISHARES TR · COMMON CUSIP — src ↗	$296K	2,382
ISHARES TR · COMMON CUSIP — src ↗	$293K	920
ISHARES TR · COMMON CUSIP — src ↗	$239K	2,458
ISHARES TR · COMMON CUSIP — src ↗	$232K	543

ticker not yet mapped

$18.4M

78,072

0.7%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

DEERE & CO · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$15.2M

27,061

0.6%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

AMAZON COM INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$14.1M

67,464

0.5%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ADVANCED MICRO DEVICES INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$13.6M

66,951

0.5%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

GOLDMAN SACHS GROUP INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$13.5M

16,006

0.5%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

VISA INC

2 positions · 2 reported rows

Rows Welch Group, LLC reported for VISA INC, as it reported them
VISA INC · COMMON CUSIP — src ↗	$12.4M	40,998
VISA INC · COMMON · PUT CUSIP — src ↗	$604K	2,000 PRN

$13.0M

—

0.5%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MICRON TECHNOLOGY INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$12.1M

35,957

0.5%

—

TJX COS INC NEW · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$12.0M

75,257

0.5%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ORACLE CORP · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$11.0M

74,617

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

BROADCOM INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$10.4M

33,634

0.4%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

META PLATFORMS INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$10.0M

17,407

0.4%

—

TARGET CORP · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$9.7M

79,640

0.4%

—

VANGUARD INDEX FDS

8 positions · 8 reported rows

Rows Welch Group, LLC reported for VANGUARD INDEX FDS, as it reported them
VANGUARD INDEX FDS · COMMON CUSIP 922908363 src ↗	$5.2M	8,775
VANGUARD INDEX FDS · COMMON CUSIP — src ↗	$1.5M	4,595
VANGUARD INDEX FDS · COMMON CUSIP — src ↗	$942K	2,157
VANGUARD INDEX FDS · COMMON CUSIP — src ↗	$709K	2,469
VANGUARD INDEX FDS · COMMON CUSIP — src ↗	$281K	1,365
VANGUARD INDEX FDS · COMMON CUSIP — src ↗	$262K	1,336
VANGUARD INDEX FDS · COMMON CUSIP 922908538 src ↗	$230K	893
VANGUARD INDEX FDS · COMMON CUSIP — src ↗	$225K	860

ticker not yet mapped

$9.4M

22,450

0.4%

—

BLACKSTONE INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$9.3M

80,773

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MASTERCARD INCORPORATED · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$9.1M

18,305

0.3%

—

ABBOTT LABORATORIES · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$9.1M

88,991

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

STRYKER CORPORATION · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$8.8M

26,848

0.3%

—

SHERWIN WILLIAMS CO · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$8.6M

26,902

0.3%

—

CARRIER GLOBAL CORPORATION · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$8.1M

143,179

0.3%

—

PALO ALTO NETWORKS INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$8.0M

49,841

0.3%

—

VULCAN MATLS CO · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$7.5M

27,492

0.3%

—

APPLIED MATLS INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$7.5M

21,881

0.3%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

ELI LILLY & CO · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$7.0M

7,649

0.3%

—

GLOBE LIFE INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$6.5M

46,461

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

TESLA INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$6.2M

16,721

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

WALMART INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$6.2M

49,889

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

AMERICAN EXPRESS CO · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$5.7M

18,908

0.2%

—

VANGUARD SCOTTSDALE FDS

2 positions · 2 reported rows

Rows Welch Group, LLC reported for VANGUARD SCOTTSDALE FDS, as it reported them
VANGUARD SCOTTSDALE FDS · COMMON CUSIP 92206C102 src ↗	$3.9M	66,335
VANGUARD SCOTTSDALE FDS · COMMON CUSIP 92206C730 src ↗	$1.2M	4,222

ticker not yet mapped

$5.1M

70,557

0.2%

—

AFLAC INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$5.0M

45,336

0.2%

—

WORLD GOLD TR · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$4.6M

49,521

0.2%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

MERCK & CO INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$4.4M

36,783

0.2%

—

NORFOLK SOUTHN CORP · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$4.2M

14,503

0.2%

—

REGIONS FINANCIAL CORP NEW · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$3.9M

150,235

0.1%

—

SPDR GOLD TR · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$3.9M

9,070

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

PHILIP MORRIS INTL INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$3.5M

21,466

0.1%

—

STATE STR SPDR S&P 500 ETF T · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$3.4M

5,297

0.1%

—

INVESCO QQQ TR

2 positions · 2 reported rows

Rows Welch Group, LLC reported for INVESCO QQQ TR, as it reported them
INVESCO QQQ TR · COMMON CUSIP — src ↗	$2.6M	4,426
INVESCO QQQ TR · COMMON · PUT CUSIP — src ↗	$346K	600 PRN

ticker not yet mapped

$2.9M

—

0.1%

—

MODINE MFG CO · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$2.8M

13,000

0.1%

—

ALTRIA GROUP INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$2.8M

42,241

0.1%

—

PINNACLE FINL PARTNERS INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$2.7M

31,702

0.1%

—

SELECT SECTOR SPDR TR

4 positions · 4 reported rows

Rows Welch Group, LLC reported for SELECT SECTOR SPDR TR, as it reported them
SELECT SECTOR SPDR TR · COMMON CUSIP — src ↗	$900K	6,770
SELECT SECTOR SPDR TR · COMMON CUSIP 81369Y506 src ↗	$793K	12,937
SELECT SECTOR SPDR TR · COMMON CUSIP — src ↗	$573K	6,993
SELECT SECTOR SPDR TR · COMMON CUSIP 81369Y852 src ↗	$443K	3,992

ticker not yet mapped

$2.7M

30,692

0.1%

—

ISHARES TR

4 positions · 4 reported rows

Rows Welch Group, LLC reported for ISHARES TR, as it reported them
ISHARES TR · COMMON CUSIP — src ↗	$1.5M	12,385
ISHARES TR · COMMON CUSIP — src ↗	$422K	9,906
ISHARES TR · COMMON CUSIP — src ↗	$385K	3,629
ISHARES TR · COMMON CUSIP — src ↗	$354K	6,630

ticker not yet mapped

$2.6M

32,550

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

AT&T INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$2.5M

86,777

0.1%

—

MUELLER INDS INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$2.4M

22,000

0.1%

—

WELLTOWER INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$2.1M

10,731

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

COSTCO WHOLESALE CORPORATION · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$2.0M

2,029

0.1%

—

BANK NEW YORK MELLON CORP · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$2.0M

16,936

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

WELLS FARGO & CO · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$1.9M

24,003

0.1%

—

NORTHROP GRUMMAN CORP · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$1.9M

2,770

0.1%

—

WASTE MGMT INC DEL · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$1.9M

8,216

0.1%

—

CRANE COMPANY · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$1.9M

11,000

0.1%

—

REPUBLIC SVCS INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$1.8M

8,123

0.1%

—

GRACO INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$1.7M

20,653

0.1%

—

HONEYWELL INTL INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$1.7M

7,579

0.1%

—

DUKE ENERGY CORP NEW · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$1.7M

12,807

0.1%

—

AON PLC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$1.7M

5,148

0.1%

—

PALANTIR TECHNOLOGIES INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$1.6M

11,002

0.1%

—

WATTS WATER TECHNOLOGIES INC · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$1.6M

5,400

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

CONOCOPHILLIPS · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$1.5M

11,538

0.1%

verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)

BANK AMERICA CORP · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

$1.5M

30,511

0.1%

—

ISHARES SILVER TR · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$1.5M

21,791

0.1%

—

BANCO BILBAO VIZCAYA ARGENTA · COMMON CUSIP 05946K101
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$1.5M

67,195

0.1%

—

NOVARTIS AG · COMMON CUSIP —
2026-03-31 filed 2026-04-21 +21d

src ↗

ticker not yet mapped

$1.4M

9,466

0.1%

—

SCHWAB STRATEGIC TR

4 positions · 4 reported rows

Rows Welch Group, LLC reported for SCHWAB STRATEGIC TR, as it reported them
SCHWAB STRATEGIC TR · COMMON CUSIP — src ↗	$544K	19,536
SCHWAB STRATEGIC TR · COMMON CUSIP — src ↗	$451K	14,380
SCHWAB STRATEGIC TR · COMMON CUSIP — src ↗	$240K	9,378
SCHWAB STRATEGIC TR · COMMON CUSIP — src ↗	$206K	6,724

ticker not yet mapped

$1.4M

50,018

0.1%

1–20 of the 100 issuers on this page

Change kind and share change are in Position changes above; Congress overlap is planned.

One line per issuer, largest first; a row with no issuer key stands on its own line. Open a line for its rows as this filer reported them. The list holds every row this filer reported for the quarter. Issuer totals on the holders pages count each manager's own report once; that never removes a row here. how positions are grouped ↗

Book shape

2026-03-31 · concentration · vs tracked median · tick = median

Top-25 concentration: 67.4%below median 80.0%
Concentration index: 216 bpsbelow median 446 bps
Positions with value: 310 / 310median book 97.5 positions

Concentration uses reported 13F long value, not total assets. The index is withheld when any position lacks a value. Medians are over the 8,748 tracked filers with a 2026-03-31 book; the index median over the 8,662 with a complete book.

holdings whose <value> did not parse — retained and counted, never zero-filled: 0 · share of the period's disclosed value held in the top-N positions; denominator is reported 13F value, not total assets: 67.4% · integer Herfindahl–Hirschman index in basis points over disclosed position values: 216 · QoQ moves: 333

Filing history

AVAILABLE QUARTERS

Available filing periods
Period	Source
2026-03-31	EDGAR ↗
2026-06-30	EDGAR ↗

PLANNED sector rotation · Congress overlap · signals for this filer

Complete source filings on SEC EDGAR

The complete filing on EDGAR.

The position list above is served from the published Public Filings build, each position as this filer reported it; where the page cannot embed every reported row, the list says how many it leaves out. This block is provenance, not a substitute: the filing itself is the record, and it is one click away. Public Filings decided on 2026-08-01 to serve this list from its published build; filings newer than this build are on EDGAR.

Open Welch Group, LLC's 13F filings on SEC EDGAR ↗

Notes on this data

Reported positions

Quarter-end holdings as filed

Explore the full published position list and its source filing. This record excludes the manager’s cash, shorts and non-13(f) assets.

Share changes

Compare consecutive quarters

Position changes retain the producer’s classification and comparability flags. Share counts and reported values describe different changes.

Coverage

A snapshot, not current holdings

Use the quarter selector to inspect available periods. Unknown values stay unknown and each table states its coverage.

A 13F is a quarterly, long-only snapshot filed up to 45 days late — not current holdings. what a 13F covers ↗

13F reports cover LONG positions in Section 13(f) securities (US exchange-traded equities plus reportable options, warrants, certain convertibles) held by managers with at least $100M in such securities — so managers below that threshold are absent entirely. No short positions, no cash, no non-13(f) assets — not a full portfolio, and not a census of institutional ownership.

Positions are quarter-end snapshots filed up to 45 days late — not current holdings. A position may have been changed or closed before you ever see it, and is older still by however long ago that quarter ended.

Values are the manager's stated market value at quarter-end in era-dependent units (whole dollars for form versions effective 2023-01-03 onward, thousands before), normalized here to whole dollars with unit_basis carried on every record.

Affiliated managers may report the same position (otherManager), so one position can appear under more than one filer.

Positions under confidential treatment may be omitted until a later amendment discloses them.

These are disclosures, not investment advice (ARCHITECTURE.md §5.2 / M2-CONTRACT §5).