GOLDMAN SACHS GROUP INC

Ticker: GS CUSIP: 38141G104 Class: COM

Welch Group, LLC's Holding History (CIK: 0001443095)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 16,337 Value ($000) $14,360 Avg Close $813.35 Range $736.36 - $919.10

Q3 2025

Shares 16,502 Value ($000) $13,141 Avg Close $734.84 Range $684.23 - $821.18

Q2 2025

Shares 16,404 Value ($000) $11,610 Avg Close $571.74 Range $432.73 - $706.99

Q1 2025

Shares 15,903 Value ($000) $8,637 Avg Close $590.71 Range $512.19 - $658.75

Q4 2024

Shares 15,868 Value ($000) $9,101 Avg Close $544.86 Range $472.18 - $599.67

Q3 2024

Shares 15,722 Value ($000) $7,784 Avg Close $475.08 Range $424.00 - $501.45

Q2 2024

Shares 15,116 Value ($000) $6,837 Avg Close $423.71 Range $373.03 - $454.32

Q1 2024

Shares 14,810 Value ($000) $6,186 Avg Close $372.27 Range $356.00 - $403.94

Q4 2023

Shares 14,001 Value ($000) $5,401 Avg Close $317.74 Range $274.61 - $371.02

Q3 2023

Shares 13,711 Value ($000) $4,437 Avg Close $315.37 Range $294.31 - $340.35

Q2 2023

Shares 13,243 Value ($000) $4,271 Avg Close $307.90 Range $292.29 - $327.28

Q1 2023

Shares 12,272 Value ($000) $4,014 Avg Close $323.64 Range $281.97 - $352.13

Q4 2022

Shares 11,812 Value ($000) $4,056 Avg Close $321.54 Range $265.13 - $358.95

Q3 2022

Shares 11,403 Value ($000) $3,342 Avg Close $297.04 Range $254.08 - $327.95

Q2 2022

Shares 11,027 Value ($000) $3,275 Avg Close $283.57 Range $254.36 - $315.71

Q1 2022

Shares 10,192 Value ($000) $3,365 Avg Close $319.80 Range $289.53 - $372.88

Q4 2021

Shares 8,863 Value ($000) $3,391 Avg Close $356.48 Range $331.30 - $383.05

Q3 2021

Shares 8,510 Value ($000) $3,217 Avg Close $349.92 Range $312.18 - $376.37

Q2 2021

Shares 7,355 Value ($000) $2,791 Avg Close $319.41 Range $287.92 - $351.77

Q1 2021

Shares 6,512 Value ($000) $2,129 Avg Close $276.90 Range $231.02 - $318.13

Q4 2020

Shares 4,423 Value ($000) $1,166 Avg Close $197.01 Range $163.85 - $234.37

Q3 2020

Shares 3,697 Value ($000) $743 Avg Close $178.97 Range $164.16 - $197.73

Q2 2020

Shares 3,608 Value ($000) $713 Avg Close $164.18 Range $123.60 - $195.75

Q1 2020

Shares 3,257 Value ($000) $504 Avg Close $184.40 Range $114.16 - $217.18

Q4 2019

Shares 2,496 Value ($000) $574 Avg Close $187.49 Range $167.27 - $201.35

Q3 2019

Shares 2,440 Value ($000) $506 Avg Close $179.59 Range $165.99 - $190.99

Q2 2019

Shares 2,517 Value ($000) $515 Avg Close $169.10 Range $154.86 - $179.11

Q1 2019

Shares 2,339 Value ($000) $449 Avg Close $164.16 Range $138.78 - $176.11

Q4 2018

Shares 1,523 Value ($000) $254 Avg Close $170.89 Range $128.88 - $198.06

Q3 2018

Shares 1,995 Value ($000) $447 Avg Close $196.40 Range $184.61 - $206.70

Q2 2018

Shares 1,849 Value ($000) $408 Avg Close $200.65 Range $184.80 - $220.61

Q1 2018

Shares 1,734 Value ($000) $437 Avg Close $218.41 Range $200.54 - $231.37

Q4 2017

Shares 1,745 Value ($000) $445 Avg Close $205.15 Range $195.11 - $219.69

Q3 2017

Shares 1,941 Value ($000) $460 Avg Close $188.03 Range $179.32 - $198.50

Q2 2017

Shares 2,059 Value ($000) $457 Avg Close $184.61 Range $174.53 - $193.25

Q1 2017

Shares 1,784 Value ($000) $410 Avg Close $200.04 Range $183.26 - $211.72

Q4 2016

Shares 1,256 Value ($000) $301 Avg Close $167.76 Range $132.22 - $203.24

Q3 2016

Shares 1,256 Value ($000) $203 Avg Close $133.80 Range $117.21 - $142.26

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	16,337	$14,360	$813.35	$736.36 - $919.10
Q3 2025	16,502	$13,141	$734.84	$684.23 - $821.18
Q2 2025	16,404	$11,610	$571.74	$432.73 - $706.99
Q1 2025	15,903	$8,637	$590.71	$512.19 - $658.75
Q4 2024	15,868	$9,101	$544.86	$472.18 - $599.67
Q3 2024	15,722	$7,784	$475.08	$424.00 - $501.45
Q2 2024	15,116	$6,837	$423.71	$373.03 - $454.32
Q1 2024	14,810	$6,186	$372.27	$356.00 - $403.94
Q4 2023	14,001	$5,401	$317.74	$274.61 - $371.02
Q3 2023	13,711	$4,437	$315.37	$294.31 - $340.35
Q2 2023	13,243	$4,271	$307.90	$292.29 - $327.28
Q1 2023	12,272	$4,014	$323.64	$281.97 - $352.13
Q4 2022	11,812	$4,056	$321.54	$265.13 - $358.95
Q3 2022	11,403	$3,342	$297.04	$254.08 - $327.95
Q2 2022	11,027	$3,275	$283.57	$254.36 - $315.71
Q1 2022	10,192	$3,365	$319.80	$289.53 - $372.88
Q4 2021	8,863	$3,391	$356.48	$331.30 - $383.05
Q3 2021	8,510	$3,217	$349.92	$312.18 - $376.37
Q2 2021	7,355	$2,791	$319.41	$287.92 - $351.77
Q1 2021	6,512	$2,129	$276.90	$231.02 - $318.13
Q4 2020	4,423	$1,166	$197.01	$163.85 - $234.37
Q3 2020	3,697	$743	$178.97	$164.16 - $197.73
Q2 2020	3,608	$713	$164.18	$123.60 - $195.75
Q1 2020	3,257	$504	$184.40	$114.16 - $217.18
Q4 2019	2,496	$574	$187.49	$167.27 - $201.35
Q3 2019	2,440	$506	$179.59	$165.99 - $190.99
Q2 2019	2,517	$515	$169.10	$154.86 - $179.11
Q1 2019	2,339	$449	$164.16	$138.78 - $176.11
Q4 2018	1,523	$254	$170.89	$128.88 - $198.06
Q3 2018	1,995	$447	$196.40	$184.61 - $206.70
Q2 2018	1,849	$408	$200.65	$184.80 - $220.61
Q1 2018	1,734	$437	$218.41	$200.54 - $231.37
Q4 2017	1,745	$445	$205.15	$195.11 - $219.69
Q3 2017	1,941	$460	$188.03	$179.32 - $198.50
Q2 2017	2,059	$457	$184.61	$174.53 - $193.25
Q1 2017	1,784	$410	$200.04	$183.26 - $211.72
Q4 2016	1,256	$301	$167.76	$132.22 - $203.24
Q3 2016	1,256	$203	$133.80	$117.21 - $142.26