Fund HoldingsFARMERS & MERCHANTS INVESTMENTS INC

Total Portfolio Value
$2.96B
Total Bought
$164.03M
Total Sold
$129.54M
Net Transaction
+$34.49M
Filing Period:
Securities
SharesValue ($K)
Q4 2023
Q1 2024
Change
Q4 2023
Q1 2024
Weight (%)
Change
iShares S&P 500 Index Fund370,180376,072+5,892176,809197,7126.68%+20,903
Microsoft Corp(MSFT)267,193268,671+1,478100,475113,0353.82%+12,560
Eli Lilly & Co(LLY)049,930+49,930038,8441.31%+38,844
iShares S&P Midcap 400289,6381,481,599+1,191,96180,27389,9923.04%+9,719
Vanguard FTSE Developed Markets ETF2,824,0402,883,042+59,002135,272144,6424.89%+9,371
Nelnet, Inc.(NNI)01,206,546+1,206,5460114,2003.86%+114,200
Palo Alto Networks, Inc.(PANW)023,993+23,99306,8170.23%+6,817
Taiwan Semiconductor Manufacturing Company Ltd.(TSM)049,637+49,63706,7530.23%+6,753
Advanced Micro Devices Inc(AMD)208,320207,025-1,29530,70837,3661.26%+6,657
Berkshire Hathaway Inc Del Cl B New101,95399,009-2,94436,36341,6351.41%+5,273
iShares S&P Small Cap 600 Index ETF914,369940,699+26,33098,980103,9663.51%+4,986
Walt Disney Company(DIS)154,964154,146-81813,99218,8610.64%+4,870
Broadcom Inc(AVGO)24,68024,440-24027,54932,3931.09%+4,844
JPMorgan Chase & Co.(JPM)165,804164,683-1,12128,20332,9861.11%+4,783
ICON PLC(ICLR)73,33775,620+2,28320,76025,4050.86%+4,645
Exxon Mobil Corp0270,736+270,736031,4701.06%+31,470
Oracle Corp(ORCL)0229,681+229,681028,8500.97%+28,850
Amazon.com, Inc.(AMZN)110,381115,934+5,55316,77120,9120.71%+4,141
Dell Technologies Inc Cl C(DELL)105,200106,200+1,0008,04812,1180.41%+4,071
Lowe's Companies, Inc(LOW)138,009136,010-1,99930,71434,6461.17%+3,932
Emerson Electric Co(EMR)0188,340+188,340021,3620.72%+21,362
Merck & Co., Inc(MRK)132,258137,315+5,05714,41918,1190.61%+3,700
Walmart, Inc(WMT)0473,783+473,783028,5080.96%+28,508
Costco Wholesale Corp(COST)15,35118,427+3,07610,13313,5000.46%+3,367
Amphenol Corp Cl A212,972210,814-2,15821,11224,3170.82%+3,205
Vanguard FTSE Emerging Markets ETF1,427,2661,479,261+51,99558,66161,7892.09%+3,128
NVIDIA Corporation(NVDA)7,0307,210+1803,4816,5150.22%+3,033
Stryker Corp(SYK)45,60845,258-35013,65816,1960.55%+2,539
Waste Management Inc(WM)74,16173,850-31113,28215,7410.53%+2,459
Abbvie Inc(ABBV)88,55988,867+30813,72416,1830.55%+2,459
Procter & Gamble Co(PG)0145,396+145,396023,5910.80%+23,591
Fiserv Inc(FISV)83,65983,409-25011,11313,3300.45%+2,217
Berkshire Hathaway Inc Del Cl A053+53033,6251.14%+33,625
NextEra Energy Inc.(NEE)49,55080,611+31,0613,0105,1520.17%+2,142
Dover Corp(DOV)90,73190,489-24213,95516,0340.54%+2,078
Target Corp(TGT)58,45958,659+2008,32610,3950.35%+2,069
Ameriprise Financial Inc(AMP)33,95333,953012,89614,8860.50%+1,990
iShares Barclays MBS Bond Fund ETF61,66884,244+22,5765,8027,7860.26%+1,984
Caterpillar Inc(CAT)26,60326,722+1197,8669,7920.33%+1,926
Nucor Corp(NUE)82,81482,314-50014,41316,2900.55%+1,877
Metlife Inc(MET)182,379187,173+4,79412,06113,8710.47%+1,811
W W Grainger Inc(GWW)9,9389,869-698,23610,0400.34%+1,804
New Linde PLC(LIN)35,00634,590-41614,37716,0610.54%+1,684
Alphabet Inc Class A(GOOG)159,764158,919-84522,31723,9860.81%+1,668
Bank of America Corp421,539417,984-3,55514,19315,8500.54%+1,657
Qualcomm Inc(QCOM)71,35970,649-71010,32111,9610.40%+1,640
Vanguard S&P 500 ETF35,57935,579015,54117,1030.58%+1,562
Capital One Financial Corp(COF)90,25989,625-63411,83513,3440.45%+1,510
Edwards Lifesciences Corp75,97675,387-5895,7937,2040.24%+1,411
Alphabet Inc Class C(GOOG)146,590144,843-1,74720,65922,0540.74%+1,395
Occidental Petroleum Corp(OXY)0241,771+241,771015,7130.53%+15,713
Visa Inc.(V)70,07870,211+13318,24519,5940.66%+1,350
Home Depot Inc(HD)37,15737,015-14212,87714,1990.48%+1,322
Sysco Corp(SYY)200,387196,673-3,71414,65415,9660.54%+1,312
ConocoPhillips(COP)0105,776+105,776013,4630.45%+13,463
Phillips 66(PSX)37,30338,243+9404,9676,2470.21%+1,280
Wells Fargo(WFC)202,734193,955-8,7799,97911,2420.38%+1,263
RTX Corp(RTX)122,214118,034-4,18010,28311,5120.39%+1,229
Roper Technologies Inc(ROP)38,80839,874+1,06621,15722,3630.76%+1,206
Delta Air Lines Inc(DAL)159,145158,856-2896,4027,6040.26%+1,202
Vanguard Total Bond Market ETF539,377562,757+23,38039,67140,8731.38%+1,202
AptarGroup Inc054,896+54,89607,8990.27%+7,899
iShares S&P 500 Growth Index Fund111,677111,685+88,3879,4310.32%+1,044
Verizon Communications(VZ)276,154272,175-3,97910,41111,4200.39%+1,009
Paypal Holdings Inc(PYPL)155,164156,976+1,8129,52910,5160.36%+987
Chevron Corp(CVX)0123,178+123,178019,4300.66%+19,430
Citigroup Inc(C)70,78872,806+2,0183,6414,6040.16%+963
FedEx Corp(FDX)026,160+26,16007,5800.26%+7,580
AMETEK Inc55,08954,915-1749,08410,0440.34%+960
Booz Allen Hamilton Holding Corp62,12259,670-2,4527,9468,8570.30%+911
PepsiCo Inc(PEP)0168,920+168,920029,5631.00%+29,563
Goldman Sachs Group Inc.(GS)31,62331,261-36212,19913,0570.44%+858
ITT Inc.(ITT)64,99163,262-1,7297,7558,6060.29%+851
Automatic Data Processing050,316+50,316012,5660.42%+12,566
Autozone Inc(AZO)01,421+1,42104,4780.15%+4,478
iShares Russell Mid-Cap Growth ETF91,93190,687-1,2449,60310,3510.35%+748
Danaher Corp(DHR)039,004+39,00409,7400.33%+9,740
iShares GNMA Bond ETF
GNMA BOND ETF
103,299121,759+18,4604,5715,2830.18%+712
Genuine Parts(GPC)043,707+43,70706,7720.23%+6,772
Netflix Inc.(NFLX)5,6705,67002,7613,4440.12%+683
iShares iBoxx H/Y Corp Bond Fund ETF140,236147,915+7,67910,85311,4970.39%+645
Ross Stores Inc(ROST)91,71490,714-1,00012,69213,3130.45%+621
Standard and Poor's Depositary Receipts 500 ETF Trust(SPY)11,85711,942+855,6366,2470.21%+611
Digital Realty Trust Inc.(DLR)46,40247,505+1,1036,2456,8430.23%+598
iShares Russell 2000 Index Fund73,30672,795-51114,71315,3090.52%+596
TJX Companies Inc(TJX)086,430+86,43008,7660.30%+8,766
Abbott Laboratories184,024183,095-92920,25620,8110.70%+555
Ecolab Inc(ECL)16,61216,602-103,2953,8330.13%+538
Fortive Corp(FTV)040,970+40,97003,5240.12%+3,524
T. Rowe Price Group Inc(TROW)035,641+35,64104,3450.15%+4,345
Aflac Inc common(AFL)155,308154,908-40012,81313,3000.45%+487
LAM Research Corp(LRCX)02,211+2,21102,1480.07%+2,148
Colgate Palmolive Co(CL)036,381+36,38103,2760.11%+3,276
International Business Machines Corp(IBM)33,08530,291-2,7945,4115,7840.20%+373
Mastercard Inc - Class A(MA)06,445+6,44503,1040.10%+3,104
Medtronic PLC(MDT)143,865140,166-3,69911,85212,2150.41%+364
Kenvue Inc(KVUE)060,160+60,16001,2910.04%+1,291
American Elec Pwr Inc069,976+69,97606,0250.20%+6,025
ATI Inc(ATI)060,616+60,61603,1020.10%+3,102
iShares Russell 2000 Growth Index Fd17,28117,28104,3594,6800.16%+321
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