Fund HoldingsFARMERS & MERCHANTS INVESTMENTS INC

Total Portfolio Value
$3.43B
Total Bought
$302.60M
Total Sold
$151.15M
Net Transaction
+$151.45M
Filing Period:
Securities
SharesValue ($K)
Q1 2025
Q2 2025
Change
Q1 2025
Q2 2025
Weight (%)
Change
Microsoft Corp(MSFT)0273,085+273,0850135,8353.96%+135,835
iShares S&P 500 Index Fund0394,126+394,1260244,7137.13%+244,713
Broadcom Inc(AVGO)0230,743+230,743063,6041.85%+63,604
Vanguard FTSE Developed Markets ETF3,064,7923,120,846+56,054155,783177,9195.19%+22,136
Oracle Corp(ORCL)0218,040+218,040047,6701.39%+47,670
iShares S&P Small Cap 600 Index ETF01,124,458+1,124,4580122,8923.58%+122,892
iShares S&P Midcap 40001,729,458+1,729,4580107,2613.13%+107,261
NVIDIA Corporation(NVDA)155,294190,027+34,73316,83130,0220.88%+13,192
Salesforce Inc(CRM)048,440+48,440013,2090.39%+13,209
Nelnet, Inc.(NNI)1,204,7981,202,262-2,536133,648145,6184.25%+11,970
Amphenol Corp Cl A0380,088+380,088037,5341.09%+37,534
Vanguard FTSE Emerging Markets ETF1,601,3841,658,374+56,99072,47982,0232.39%+9,545
Advanced Micro Devices Inc(AMD)0202,553+202,553028,7420.84%+28,742
Amazon.com, Inc.(AMZN)0150,191+150,191032,9500.96%+32,950
Taiwan Semiconductor Manufacturing Company Ltd.(TSM)0101,911+101,911023,0820.67%+23,082
Wesco International Inc(WCC)0193,277+193,277035,7951.04%+35,795
Alphabet Inc Class A(GOOG)0191,940+191,940033,8260.99%+33,826
JPMorgan Chase & Co.(JPM)0158,601+158,601045,9801.34%+45,980
Goldman Sachs Group Inc.(GS)031,479+31,479022,2790.65%+22,279
Emerson Electric Co(EMR)0189,657+189,657025,2870.74%+25,287
Walmart, Inc(WMT)0457,746+457,746044,7581.30%+44,758
Walt Disney Company(DIS)0157,918+157,918019,5830.57%+19,583
Palo Alto Networks, Inc.(PANW)90,52496,053+5,52915,44719,6560.57%+4,209
Vanguard S&P 500 ETF037,013+37,013021,0240.61%+21,024
US Bancorp(USB)0325,101+325,101014,7110.43%+14,711
Alphabet Inc Class C(GOOG)0146,022+146,022025,9030.76%+25,903
Blackrock Inc(BLK)014,817+14,817015,5470.45%+15,547
Dell Technologies Inc Cl C(DELL)0101,885+101,885012,4910.36%+12,491
Bank of America Corp0408,611+408,611019,3350.56%+19,335
Texas Instruments Inc(TXN)0103,868+103,868021,5650.63%+21,565
Nike Inc Cl B(NKE)0219,289+219,289015,5780.45%+15,578
Uber Technologies Inc(UBER)103,040107,057+4,0177,5079,9880.29%+2,481
Capital One Financial Corp(COF)085,784+85,784018,2510.53%+18,251
ASML Holding
N Y REGISTRY SHS
13,48214,130+6488,93411,3240.33%+2,390
S&P Global Inc.(SPGI)04,643+4,64302,4480.07%+2,448
Netflix Inc.(NFLX)5,6335,638+55,2537,5500.22%+2,297
Vanguard Total Bond Market ETF740,363769,282+28,91954,38056,6421.65%+2,263
Cisco Systems Inc(CSCO)315,659313,249-2,41019,47921,7330.63%+2,254
iShares Barclays MBS Bond Fund ETF130,962153,141+22,17912,28214,3780.42%+2,097
ITT Inc.(ITT)065,027+65,027010,1980.30%+10,198
Johnson Controls International
SHS
62,15765,786+3,6294,9796,9480.20%+1,969
iShares Russell Mid-Cap Growth ETF093,028+93,028012,9010.38%+12,901
iShares S&P 500 Growth Index Fund0115,559+115,559012,7230.37%+12,723
Clorox Co Common(CLX)022,489+22,48902,7000.08%+2,700
RTX Corp(RTX)115,936116,500+56415,35717,0110.50%+1,654
Digital Realty Trust Inc.(DLR)049,517+49,51708,6320.25%+8,632
Caterpillar Inc(CAT)026,587+26,587010,3210.30%+10,321
Ameriprise Financial Inc(AMP)031,742+31,742016,9420.49%+16,942
Citigroup Inc(C)88,29591,159+2,8646,2687,7590.23%+1,491
Paypal Holdings Inc(PYPL)0160,495+160,495011,9280.35%+11,928
ATI Inc(ATI)047,809+47,80904,1280.12%+4,128
Rockwell Automation Inc.(ROK)015,246+15,24605,0640.15%+5,064
Vanguard S/T Corp Bond ETF
SHRT TRM CORP BD
238,138252,138+14,00018,79920,0450.58%+1,246
International Business Machines Corp(IBM)30,28229,582-7007,5308,7200.25%+1,190
Wells Fargo(WFC)0174,622+174,622013,9910.41%+13,991
AptarGroup Inc63,22266,913+3,6919,38110,4670.31%+1,086
iShares Russell 2000 Index Fund072,974+72,974015,7470.46%+15,747
Honeywell Intl Inc(HON)057,843+57,843013,4700.39%+13,470
Invesco RAFI US 1000 ETF
RAFI US 1000 ETF
023,831+23,83101,0070.03%+1,007
Edwards Lifesciences Corp0138,782+138,782010,8540.32%+10,854
Costco Wholesale Corp(COST)17,26417,270+616,32817,0960.50%+768
Ralliant Corp(RAL)013,656+13,65606620.02%+662
Valmont Industries, Inc.(VMI)02,016+2,01606580.02%+658
CVS Health Corporation(CVS)262,344266,774+4,43017,77418,4020.54%+628
Stryker Corp(SYK)44,35443,270-1,08416,51117,1190.50%+608
Delta Air Lines Inc(DAL)0128,795+128,79506,3340.18%+6,334
Standard and Poor's Depositary Receipts 500 ETF Trust(SPY)012,524+12,52407,7380.23%+7,738
Nucor Corp(NUE)80,53579,085-1,4509,69210,2450.30%+553
Vanguard MSCI European ETF74,75874,75805,2495,7940.17%+545
iShares Russell 2000 Growth Index Fd017,481+17,48104,9970.15%+4,997
iShares GNMA Bond ETF
GNMA BOND ETF
240,127251,648+11,52110,54211,0600.32%+518
GE Vernova Inc(GEV)01,917+1,91701,0140.03%+1,014
iShares MSCI EAFE Index Fund44,24845,432+1,1843,6164,0610.12%+445
NextEra Energy Inc.(NEE)130,635139,733+9,0989,2619,7000.28%+440
Lam Research Corp(LRCX)019,250+19,25001,8740.05%+1,874
iShares iBoxx H/Y Corp Bond Fund ETF171,586173,010+1,42413,53613,9530.41%+417
Dover Corp(DOV)087,036+87,036015,9480.46%+15,948
The Boeing Co(BA)010,457+10,45702,1910.06%+2,191
Verizon Communications(VZ)283,854306,677+22,82312,87613,2700.39%+394
Meta Platforms Inc(META)02,391+2,39101,7650.05%+1,765
W W Grainger Inc(GWW)09,163+9,16309,5320.28%+9,532
Huntington Ingalls Industries(HII)9,5199,586+671,9422,3150.07%+372
GE Aerospace(GE)6,2736,27301,2561,6150.05%+359
Sysco Corp(SYY)0187,235+187,235014,1810.41%+14,181
iShares Core MSCI EAFE ETF
CORE MSCI EAFE
07,037+7,03705870.02%+587
Realty Income Corp(O)123,524129,523+5,9997,1667,4620.22%+296
Eaton Corp PLC(ETN)03,817+3,81701,3630.04%+1,363
Booz Allen Hamilton Holding Corp104,597107,868+3,27110,93911,2320.33%+294
Flextronics International Ltd.(FLEX)016,325+16,32508150.02%+815
Vanguard Total Stock Market ETF09,332+9,33202,8360.08%+2,836
Ecolab Inc(ECL)16,60216,60204,2094,4730.13%+264
PPG Inds Inc(PPG)022,196+22,19602,5250.07%+2,525
Qualcomm Inc(QCOM)069,887+69,887011,1300.32%+11,130
Vanguard Short-Term Inflation -Protected Securities ETF333,386335,992+2,60616,63616,8900.49%+254
Tesla Inc(TSLA)14,23712,395-1,8423,6903,9370.11%+248
iShares Russell Midcap Value Index Fund043,589+43,58905,7600.17%+5,760
iShares Russell Midcap Index Fund042,982+42,98203,9530.12%+3,953
Philip Morris International Inc(PM)9,0009,200+2001,4291,6760.05%+247
iShares Core S&P Total US Stock Market ETF016,981+16,98102,2930.07%+2,293
Fortis Inc(FTS)87,28987,847+5583,9794,1930.12%+214
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