Fund HoldingsFARMERS & MERCHANTS INVESTMENTS INC

Total Portfolio Value
$4.13B
Total Bought
$388.53M
Total Sold
$283.56M
Net Transaction
+$104.97M
Filing Period:
Securities
SharesValue ($K)
Q1 2026
Q2 2026
Change
Q1 2026
Q2 2026
Weight (%)
Change
Advanced Micro Devices Inc(AMD)0193,518+193,5180112,4172.72%+112,417
iShares S&P 500 Index Fund0390,589+390,5890292,5087.09%+292,508
Vanguard FTSE Developed Markets ETF3,649,5303,755,844+106,314233,862267,6046.48%+33,742
Dell Technologies Inc Cl C(DELL)99,89598,373-1,52216,39642,4441.03%+26,048
iShares S&P Midcap 4001,885,2651,938,937+53,672127,312149,5113.62%+22,199
Palo Alto Networks, Inc.(PANW)0101,488+101,488034,6090.84%+34,609
Amphenol Corp Cl A0369,201+369,201065,0981.58%+65,098
Apple Inc(AAPL)0447,308+447,3080129,4333.14%+129,433
iShares S&P Small Cap 600 Index ETF1,213,5991,116,608-96,991150,862165,6044.01%+14,742
Taiwan Semiconductor Manufacturing Company Ltd.(TSM)93,37695,452+2,07631,55645,5851.10%+14,029
Alphabet Inc Class A(GOOG)0183,721+183,721065,6561.59%+65,656
Wesco International Inc(WCC)175,597174,057-1,54048,04760,1251.46%+12,078
Eli Lilly & Co(LLY)044,397+44,397053,2511.29%+53,251
Cisco Systems Inc(CSCO)305,157301,674-3,48323,67735,4350.86%+11,757
Broadcom Inc(AVGO)0205,311+205,311077,5561.88%+77,556
Alphabet Inc Class C(GOOG)0152,949+152,949054,0411.31%+54,041
Texas Instruments Inc(TXN)103,491104,902+1,41120,09231,2680.76%+11,176
UnitedHealth Group Inc(UNH)063,018+63,018026,1920.63%+26,192
ASML Holding
N Y REGISTRY SHS
12,35612,630+27416,32025,1270.61%+8,806
Caterpillar Inc(CAT)25,69725,053-64418,20526,6790.65%+8,474
CVS Health Corporation(CVS)0262,608+262,608027,1670.66%+27,167
NVIDIA Corporation(NVDA)0199,159+199,159039,8500.97%+39,850
Corpay Inc(CPAY)022,067+22,06707,3540.18%+7,354
NRC Health0330,649+330,64907,1320.17%+7,132
Amazon.com, Inc.(AMZN)0171,378+171,378040,8460.99%+40,846
JPMorgan Chase & Co.(JPM)0153,996+153,996050,4081.22%+50,408
Goldman Sachs Group Inc.(GS)032,556+32,556032,9260.80%+32,926
Honeywell International Inc024,667+24,66705,5230.13%+5,523
Honeywell Aerospace Inc024,667+24,66705,4530.13%+5,453
ICON PLC(ICLR)082,928+82,928014,4050.35%+14,405
Nelnet, Inc.(NNI)01,179,351+1,179,3510157,2433.81%+157,243
Microsoft Corp(MSFT)0282,623+282,6230105,4242.55%+105,424
Sprouts Farmers Market Inc(SFM)049,427+49,42704,1810.10%+4,181
Lam Research Corp(LRCX)18,50518,595+903,9548,0580.20%+4,104
iShares Russell 2000 Index Fund072,308+72,308021,7250.53%+21,725
Bank of America Corp0414,377+414,377023,6110.57%+23,611
Abbvie Inc(ABBV)085,666+85,666021,5570.52%+21,557
Berkshire Hathaway Inc Del Cl B New111,548114,155+2,60753,45457,1221.38%+3,668
Qualcomm Inc(QCOM)066,047+66,047012,2050.30%+12,205
Nucor Corp(NUE)74,01371,960-2,05312,51616,0290.39%+3,513
Vanguard S&P 500 ETF036,563+36,563025,1120.61%+25,112
Metlife Inc(MET)0198,029+198,029016,7550.41%+16,755
Visa Inc.(V)067,906+67,906023,2980.56%+23,298
New Jersey Resources Corp(NJR)047,255+47,25502,6480.06%+2,648
Emerson Electric Co(EMR)0185,400+185,400026,5400.64%+26,540
Union Pacific Corp(UNP)82,29682,218-7819,96722,3630.54%+2,397
iShares S&P 500 Growth Index Fund0111,546+111,546015,3410.37%+15,341
W W Grainger Inc(GWW)8,3118,301-109,06611,2930.27%+2,227
US Bancorp(USB)0275,473+275,473016,6390.40%+16,639
Vanguard FTSE Emerging Markets ETF01,326,765+1,326,765079,1951.92%+79,195
Johnson & Johnson(JNJ)157,191159,376+2,18538,42440,4770.98%+2,053
Capital One Financial Corp(COF)088,390+88,390017,7330.43%+17,733
Starbucks Corp(SBUX)142,484144,591+2,10712,76514,7760.36%+2,011
Sysco Corp(SYY)0173,992+173,992014,5420.35%+14,542
Fedex Freight Holding Co Inc012,991+12,99101,9620.05%+1,962
Rockwell Automation Inc.(ROK)014,223+14,22307,0420.17%+7,042
Edwards Lifesciences Corp0133,747+133,747012,0990.29%+12,099
iShares Russell Mid-Cap Growth ETF093,272+93,272013,6560.33%+13,656
Citigroup Inc(C)064,208+64,20808,9870.22%+8,987
Intel Corp(INTC)016,371+16,37102,2860.06%+2,286
Flextronics International Ltd.(FLEX)016,275+16,27502,6380.06%+2,638
iShares Russell 2000 Growth Index Fd017,242+17,24206,7930.16%+6,793
State Street SPDR S&P 500 ETF Trust(SPY)012,691+12,69109,4770.23%+9,477
Johnson Controls International
SHS
61,78464,239+2,4558,0919,3860.23%+1,295
Dover Corp(DOV)82,17181,499-67217,12918,2790.44%+1,150
State Street Technology Select Sector SPDR ETF
ST STR TECHN ETF
05,691+5,69101,0840.03%+1,084
ATI Inc(ATI)34,72331,003-3,7205,0516,1110.15%+1,060
International Business Machines Corp(IBM)025,830+25,83007,2640.18%+7,264
Meta Platforms Inc(META)021,757+21,757012,2560.30%+12,256
Merck & Co., Inc(MRK)118,172117,788-38414,21515,1360.37%+921
Automatic Data Processing045,900+45,900010,2790.25%+10,279
Delta Air Lines Inc(DAL)044,591+44,59104,1760.10%+4,176
Aflac Inc common(AFL)0121,837+121,837014,2850.35%+14,285
iShares Russell Midcap Value Index Fund43,19943,316+1176,2967,1300.17%+834
AMETEK Inc28,26728,184-836,0596,8190.17%+760
Coca-Cola Co(KO)113,717115,698+1,9818,6489,4030.23%+755
ITT Inc.(ITT)59,20460,772+1,56811,28012,0180.29%+738
GE Aerospace(GE)7,9167,939+232,2462,9670.07%+721
Micron Technology(MU)0790+79009120.02%+912
Tesla Inc(TSLA)012,295+12,29505,1710.13%+5,171
Salesforce Inc(CRM)0100,581+100,581015,7570.38%+15,757
Uber Technologies Inc(UBER)0112,259+112,25908,1010.20%+8,101
Home Depot Inc(HD)029,919+29,919010,5520.26%+10,552
Federal Realty Investment Trust REIT(FRT)28,74429,594+8503,0533,6530.09%+600
GE Vernova Inc(GEV)2,2872,209-781,9962,5950.06%+599
New Linde PLC(LIN)31,48731,198-28915,61016,1900.39%+580
iShares MSCI Emerging Mkts Index Fd039,709+39,70902,7160.07%+2,716
Applied Materials Common1,4971,485-125121,0740.03%+562
Seagate Technology Holdings PLC
ORD SHS
0956+95609230.02%+923
Lennox International Inc.(LII)05,021+5,02102,8770.07%+2,877
S&P Global Inc.(SPGI)10,94312,743+1,8004,6545,1900.13%+535
T. Rowe Price Group Inc(TROW)022,168+22,16802,5200.06%+2,520
State Street Energy Select Sector SPDR ETF
ST STR ENERG ETF
08,918+8,91804740.01%+474
iShares Russell Midcap Index Fund041,859+41,85904,6180.11%+4,618
Procter & Gamble Co(PG)135,346136,436+1,09019,54920,0070.48%+458
Vanguard MSCI European ETF074,719+74,71906,6160.16%+6,616
iShares 0-5 Yr Inv Grd Corp Bond ETF
0-5YR INVT GR CP
0982,350+982,350049,4811.20%+49,481
Vanguard Total Stock Market ETF09,075+9,07503,3580.08%+3,358
iShares Core S&P Total US Stock Market ETF19,46419,559+952,7723,2130.08%+441
Genuine Parts(GPC)039,414+39,41404,6500.11%+4,650
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