Welch Group, LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison

The holdings of funds provide valuable insights into the investment strategies of various companies and institutions. The comparison of these holdings over different quarters can shed light on the changing market trends and the investment decisions being made by these entities. In this article, we will analyze the Q3 2023 and Q4 2023 13F holdings of Welch Group, LLC, a prominent investment firm. We will examine the significant changes in their portfolio, the companies in which they increased or decreased their holdings, and the potential implications of these changes.

SERVISFIRST BANCSHARES INC

Welch Group, LLC held 1,301,957 shares of SERVISFIRST BANCSHARES INC in Q3 2023, which decreased marginally to 1,299,473 shares in Q4 2023. Additionally, the value of their holdings in the company increased from $67,923,000 in Q3 2023 to $86,583,000 in Q4 2023, representing a 27.5% change. This suggests that Welch Group remains confident in the growth potential of SERVISFIRST BANCSHARES INC.

MICROSOFT CORP

Welch Group, LLC had 223,668 shares of MICROSOFT CORP in Q3 2023, which decreased to 218,856 shares in Q4 2023. Despite the decrease in the number of shares, the value of their holdings increased from $70,623,000 in Q3 2023 to $82,298,000 in Q4 2023, indicating a 16.5% change. This highlights the continued belief in the long-term prospects of MICROSOFT CORP by Welch Group.

APPLE INC

The number of shares held by Welch Group, LLC in APPLE INC remained relatively stable between Q3 2023 and Q4 2023, with a slight decrease from 369,860 shares to 367,709 shares. However, the value of their holdings increased from $63,323,000 to $70,795,000, showing an 11.8% change. This indicates the confidence Welch Group has in the future performance of APPLE INC.

HOME DEPOT INC

Welch Group, LLC increased its holdings in HOME DEPOT INC, with the number of shares rising from 168,416 in Q3 2023 to 170,810 in Q4 2023. The value of their holdings also increased from $50,888,000 to $59,194,000, reflecting a 16.3% change. This suggests that Welch Group sees potential growth opportunities in the home improvement sector.

GALLAGHER ARTHUR J & CO

There was a minor decrease in Welch Group, LLC's holdings of GALLAGHER ARTHUR J & CO between Q3 2023 and Q4 2023. The number of shares went from 261,344 to 255,932, and the value of the holdings decreased from $59,568,000 to $57,553,000, indicating a 3.4% change. This slight reduction could be a strategic move by Welch Group to rebalance its portfolio.

ABBVIE INC

Welch Group, LLC increased its holdings in ABBVIE INC, with the number of shares rising from 363,483 in Q3 2023 to 368,946 in Q4 2023. The value of their holdings also increased from $54,180,000 to $57,175,000, reflecting a 5.5% change. This indicates that Welch Group holds a positive outlook for the future of ABBVIE INC.

INTERNATIONAL BUSINESS MACHINES

Welch Group, LLC maintained a relatively stable position in INTERNATIONAL BUSINESS MACHINES, with a minimal increase in their holdings. The number of shares held increased from 342,074 in Q3 2023 to 343,845 in Q4 2023. The value of their holdings increased from $47,993,000 to $56,235,000, indicating a 17.2% change. This suggests that Welch Group sees potential value in their investment in INTERNATIONAL BUSINESS MACHINES.

JPMORGAN CHASE & CO

The holdings of JPMORGAN CHASE & CO by Welch Group, LLC remained almost unchanged between Q3 2023 and Q4 2023. The number of shares held increased slightly from 327,765 to 328,466, while the value of their holdings increased from $47,532,000 to $55,872,000, reflecting a 17.5% change. This indicates the confidence Welch Group holds in JPMORGAN CHASE & CO.

MCDONALD'S CORP

Welch Group, LLC increased its holdings in MCDONALD'S CORP, with the number of shares rising from 183,849 in Q3 2023 to 186,937 in Q4 2023. The value of their holdings also increased from $48,433,000 to $55,428,000, showing a 14.4% change. This suggests that Welch Group anticipates further growth in the fast-food industry.

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