Fund HoldingsFARMERS & MERCHANTS INVESTMENTS INC

Total Portfolio Value
$3.15B
Total Bought
$135.83M
Total Sold
$159.83M
Net Transaction
-$24.01M
Filing Period:
Securities
SharesValue ($K)
Q4 2024
Q1 2025
Change
Q4 2024
Q1 2025
Weight (%)
Change
Vanguard FTSE Developed Markets ETF03,064,792+3,064,7920155,7834.95%+155,783
NVIDIA Corporation(NVDA)0155,294+155,294016,8310.53%+16,831
Berkshire Hathaway Inc Del Cl B New099,890+99,890053,1991.69%+53,199
Uber Technologies Inc(UBER)0103,040+103,04007,5070.24%+7,507
Nelnet, Inc.(NNI)01,204,798+1,204,7980133,6484.25%+133,648
CVS Health Corporation(CVS)0262,344+262,344017,7740.56%+17,774
ASML Holding
N Y REGISTRY SHS
5,03013,482+8,4523,4868,9340.28%+5,447
Vanguard FTSE Emerging Markets ETF01,601,384+1,601,384072,4792.30%+72,479
Johnson & Johnson(JNJ)0162,381+162,381026,9290.86%+26,929
Exxon Mobil Corp0269,824+269,824032,0901.02%+32,090
Abbott Laboratories0179,412+179,412023,7990.76%+23,799
Booz Allen Hamilton Holding Corp0104,597+104,597010,9390.35%+10,939
Roper Technologies Inc(ROP)041,284+41,284024,3400.77%+24,340
Chevron Corp(CVX)0119,633+119,633020,0130.64%+20,013
Visa Inc.(V)74,04774,530+48323,40226,1200.83%+2,718
Berkshire Hathaway Inc Del Cl A046+46036,7281.17%+36,728
Abbvie Inc(ABBV)088,781+88,781018,6010.59%+18,601
Tesla Inc(TSLA)3,19014,237+11,0471,2883,6900.12%+2,401
Verizon Communications(VZ)0283,854+283,854012,8760.41%+12,876
Waste Management Inc(WM)072,292+72,292016,7360.53%+16,736
McDonald's Corp(MCD)072,072+72,072022,5130.72%+22,513
Eli Lilly & Co(LLY)047,223+47,223039,0021.24%+39,002
RTX Corp(RTX)0115,936+115,936015,3570.49%+15,357
Mondelez International Inc - A(MDLZ)0198,343+198,343013,4580.43%+13,458
New Linde PLC(LIN)033,367+33,367015,5370.49%+15,537
Medtronic PLC(MDT)0136,078+136,078012,2280.39%+12,228
iShares GNMA Bond ETF
GNMA BOND ETF
217,347240,127+22,7809,33110,5420.33%+1,211
iShares Barclays MBS Bond Fund ETF121,291130,962+9,67111,12012,2820.39%+1,162
Amgen Inc(AMGN)026,058+26,05808,1180.26%+8,118
Duke Energy Corporation(DUK)066,393+66,39308,0980.26%+8,098
Fiserv Inc(FISV)82,50381,253-1,25016,94817,9430.57%+995
American Elec Pwr Inc065,465+65,46507,1530.23%+7,153
Coca-Cola Co(KO)0112,826+112,82608,0810.26%+8,081
International Business Machines Corp(IBM)030,282+30,28207,5300.24%+7,530
Starbucks Corp(SBUX)0136,366+136,366013,3760.42%+13,376
Costco Wholesale Corp(COST)16,93617,264+32815,51816,3280.52%+810
UnitedHealth Group Inc(UNH)061,438+61,438032,1781.02%+32,178
Vanguard Total Bond Market ETF745,174740,363-4,81153,58554,3801.73%+794
Kimberly Clark Corp(KMB)045,436+45,43606,4620.21%+6,462
Cisco Systems Inc(CSCO)316,152315,659-49318,71619,4790.62%+763
Realty Income Corp(O)0123,524+123,52407,1660.23%+7,166
Autozone Inc(AZO)01,126+1,12604,2930.14%+4,293
AptarGroup Inc063,222+63,22209,3810.30%+9,381
Air Products & Chemicals Inc072,925+72,925021,5070.68%+21,507
NextEra Energy Inc.(NEE)0130,635+130,63509,2610.29%+9,261
Johnson Controls International
SHS
55,56262,157+6,5954,3864,9790.16%+594
Palo Alto Networks, Inc.(PANW)81,72090,524+8,80414,87015,4470.49%+577
Union Pacific Corp(UNP)086,734+86,734020,4900.65%+20,490
Evergy Inc(EVRG)33,40137,592+4,1912,0562,5920.08%+536
Vanguard MSCI European ETF074,758+74,75805,2490.17%+5,249
Stryker Corp(SYK)044,354+44,354016,5110.52%+16,511
Schlumberger Ltd(SLB)0134,626+134,62605,6270.18%+5,627
Vanguard Short-Term Inflation -Protected Securities ETF0333,386+333,386016,6360.53%+16,636
ConocoPhillips(COP)0105,114+105,114011,0390.35%+11,039
WEC Energy Group Inc(WEC)031,018+31,01803,3800.11%+3,380
Otis Worldwide Corp(OTIS)041,484+41,48404,2810.14%+4,281
Vanguard S/T Corp Bond ETF
SHRT TRM CORP BD
235,888238,138+2,25018,40218,7990.60%+397
AT&T Inc(T)077,643+77,64302,1960.07%+2,196
Vanguard Value ETF03,623+3,62306260.02%+626
Ecolab Inc(ECL)016,602+16,60204,2090.13%+4,209
Philip Morris International Inc(PM)09,000+9,00001,4290.05%+1,429
Baxter International Inc015,755+15,75505390.02%+539
Phillips 66(PSX)037,469+37,46904,6270.15%+4,627
Ingredion Inc(INGR)14,24116,669+2,4281,9592,2540.07%+295
Nucor Corp(NUE)080,535+80,53509,6920.31%+9,692
Netflix Inc.(NFLX)5,6045,633+294,9955,2530.17%+258
Citigroup Inc(C)85,48088,295+2,8156,0176,2680.20%+251
Fortis Inc(FTS)087,289+87,28903,9790.13%+3,979
iShares MSCI EAFE Index Fund044,248+44,24803,6160.11%+3,616
Aflac Inc common(AFL)0142,923+142,923015,8920.50%+15,892
Yum! Brands Inc(YUM)09,739+9,73901,5330.05%+1,533
Huntington Ingalls Industries(HII)09,519+9,51901,9420.06%+1,942
GE Aerospace(GE)06,273+6,27301,2560.04%+1,256
T-Mobile US, Inc.(TMUS)5,2005,100-1001,1481,3600.04%+212
Automatic Data Processing49,95048,542-1,40814,62214,8310.47%+209
Kenvue Inc(KVUE)073,910+73,91001,7720.06%+1,772
Welltower Inc(WELL)06,993+6,99301,0710.03%+1,071
Vanguard Short-Term Bond ETF0201,586+201,586015,7800.50%+15,780
Spdr Gold Trust(GLD)03,662+3,66201,0550.03%+1,055
Gilead Sciences Inc(GILD)8,8618,86108189930.03%+174
3M Company(MMM)016,848+16,84802,4740.08%+2,474
Mastercard Inc - Class A(MA)6,4136,428+153,3773,5230.11%+146
Enbridge Inc(ENB)310,336300,359-9,97713,16813,3090.42%+141
iShares Gold Trust ETF(IAU)014,587+14,58708600.03%+860
Southern Co(SO)014,045+14,04501,2910.04%+1,291
Shell PLC(SHEL)09,279+9,27906800.02%+680
Novartis AG - ADR(NVS)040,541+40,54104,5200.14%+4,520
Bristol Myers Squibb Co(BMY)70,75667,384-3,3724,0024,1100.13%+108
iShares iBoxx H/Y Corp Bond Fund ETF170,877171,586+70913,43913,5360.43%+97
Altria Group Inc(MO)013,206+13,20607930.03%+793
TotalEnergies SE ADR(TTE)07,937+7,93705130.02%+513
Deere & Company(DE)01,574+1,57407390.02%+739
iShares MSCI Emerging Mkts Index Fd038,049+38,04901,6630.05%+1,663
Intel Corp(INTC)068,604+68,60401,5580.05%+1,558
Zimmer Biomet Holdings Inc(ZBH)08,755+8,75509910.03%+991
Vanguard Mid-Cap Value Index ETF05,164+5,16408290.03%+829
Quest Diagnostics Inc(DGX)04,185+4,18507080.02%+708
The J. M. Smucker Company(SJM)07,073+7,07308380.03%+838
Bank of New York Mellon Corporation05,116+5,11604290.01%+429
MPLX LP(MPLX)08,690+8,69004650.01%+465
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