Fund HoldingsFARMERS & MERCHANTS INVESTMENTS INC

Total Portfolio Value
$4.13B
Total Bought
$384.64M
Total Sold
$280.28M
Net Transaction
+$104.36M
Filing Period:
Securities
SharesValue ($K)
Q1 2026
Q2 2026
Change
Q1 2026
Q2 2026
Weight (%)
Change
Advanced Micro Devices Inc(AMD)194,299193,518-78139,526112,4172.72%+72,890
iShares S&P 500 Index Fund387,788390,589+2,801253,307292,5087.09%+39,201
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)95,296101,488+6,19215,27834,6090.84%+19,332
Amphenol Corp Cl A364,984369,201+4,21746,11665,0981.58%+18,982
Apple Inc(AAPL)440,311447,308+6,997111,747129,4333.14%+17,687
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)181,619183,721+2,10252,22665,6561.59%+13,430
Wesco International Inc(WCC)175,597174,057-1,54048,04760,1251.46%+12,078
Eli Lilly & Co(LLY)45,00744,397-61041,39653,2511.29%+11,855
Cisco Systems Inc(CSCO)305,157301,674-3,48323,67735,4350.86%+11,757
Broadcom Inc(AVGO)213,014205,311-7,70365,93077,5561.88%+11,626
Alphabet Inc Class C(GOOG)148,082152,949+4,86742,47954,0411.31%+11,563
Texas Instruments Inc(TXN)103,491104,902+1,41120,09231,2680.76%+11,176
UnitedHealth Group Inc(UNH)62,57063,018+44816,93126,1920.63%+9,261
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)260,653262,608+1,95518,72027,1670.66%+8,447
NVIDIA Corporation(NVDA)185,342199,159+13,81732,32439,8500.97%+7,526
Corpay Inc(CPAY)5122,067+22,016157,3540.18%+7,339
NRC Health(NRC)100330,649+330,54927,1320.17%+7,130
Amazon.com, Inc.(AMZN)162,569171,378+8,80933,85840,8460.99%+6,988
JPMorgan Chase & Co.(JPM)152,429153,996+1,56744,83950,4081.22%+5,569
Goldman Sachs Group Inc.(GS)32,38432,556+17227,39732,9260.80%+5,530
Honeywell International Inc024,667+24,66705,5230.13%+5,523
Honeywell Aerospace Inc024,667+24,66705,4530.13%+5,453
ICON PLC(ICLR)83,02182,928-939,18714,4050.35%+5,218
Nelnet, Inc.(NNI)1,184,3511,179,351-5,000152,734157,2433.81%+4,509
Microsoft Corp(MSFT)273,172282,623+9,451101,120105,4242.55%+4,304
Sprouts Farmers Market Inc(SFM)8849,427+49,33974,1810.10%+4,174
Lam Research Corp(LRCX)18,50518,595+903,9548,0580.20%+4,104
iShares Russell 2000 Index Fund72,18472,308+12417,90221,7250.53%+3,823
Bank of America Corp407,334414,377+7,04319,85823,6110.57%+3,754
Abbvie Inc(ABBV)82,16885,666+3,49817,87121,5570.52%+3,686
Berkshire Hathaway Inc Del Cl B New111,548114,155+2,60753,45457,1221.38%+3,668
Qualcomm Inc(QCOM)66,50266,047-4558,56412,2050.30%+3,641
Nucor Corp(NUE)74,01371,960-2,05312,51616,0290.39%+3,513
Vanguard S&P 500 ETF36,26036,563+30321,66725,1120.61%+3,445
Metlife Inc(MET)197,530198,029+49913,96916,7550.41%+2,786
Visa Inc.(V)68,09467,906-18820,58123,2980.56%+2,717
New Jersey Resources Corp(NJR)8547,255+47,17052,6480.06%+2,644
Emerson Electric Co(EMR)183,571185,400+1,82924,05126,5400.64%+2,489
Union Pacific Corp(UNP)82,29682,218-7819,96722,3630.54%+2,397
iShares S&P 500 Growth Index Fund115,290111,546-3,74413,04015,3410.37%+2,300
W W Grainger Inc(GWW)8,3118,301-109,06611,2930.27%+2,227
US Bancorp(USB)279,273275,473-3,80014,52516,6390.40%+2,114
Vanguard FTSE Emerging Markets ETF1,426,9261,326,765-100,16177,12579,1951.92%+2,069
Johnson & Johnson(JNJ)157,191159,376+2,18538,42440,4770.98%+2,053
Capital One Financial Corp(COF)86,17888,390+2,21215,72117,7330.43%+2,011
Starbucks Corp(SBUX)142,484144,591+2,10712,76514,7760.36%+2,011
Sysco Corp(SYY)175,686173,992-1,69412,53214,5420.35%+2,011
Fedex Freight Holding Co Inc012,991+12,99101,9620.05%+1,962
Rockwell Automation Inc.(ROK)14,24614,223-235,1137,0420.17%+1,929
Edwards Lifesciences Corp127,922133,747+5,82510,24412,0990.29%+1,855
iShares Russell Mid-Cap Growth ETF93,50193,272-22911,97913,6560.33%+1,677
Citigroup Inc(C)64,77664,208-5687,3468,9870.22%+1,640
Intel Corp(INTC)16,13716,371+2347122,2860.06%+1,574
Flextronics International Ltd.(FLEX)16,34516,275-701,0702,6380.06%+1,568
iShares Russell 2000 Growth Index Fd17,31117,242-695,4326,7930.16%+1,360
State Street SPDR S&P 500 ETF Trust(SPY)12,53412,691+1578,1519,4770.23%+1,326
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
ATI Inc(ATI)34,72331,003-3,7205,0516,1110.15%+1,060
International Business Machines Corp(IBM)25,83025,83006,2617,2640.18%+1,003
Meta Platforms Inc(META)19,70621,757+2,05111,27412,2560.30%+981
Merck & Co., Inc(MRK)118,172117,788-38414,21515,1360.37%+921
Automatic Data Processing46,13645,900-2369,37410,2790.25%+905
Delta Air Lines Inc(DAL)49,75244,591-5,1613,3084,1760.10%+869
Aflac Inc common(AFL)122,461121,837-62413,43514,2850.35%+850
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)791790-12679120.02%+645
Tesla Inc(TSLA)12,22412,295+714,5445,1710.13%+627
Salesforce Inc(CRM)81,053100,581+19,52815,13015,7570.38%+627
Uber Technologies Inc(UBER)103,997112,259+8,2627,4818,1010.20%+620
Home Depot Inc(HD)30,25629,919-3379,95110,5520.26%+601
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 Fd37,69339,709+2,0162,1412,7160.07%+576
Applied Materials Common1,4971,485-125121,0740.03%+562
Seagate Technology Holdings PLC
ORD SHS
95695603759230.02%+548
Lennox International Inc.(LII)5,0215,02102,3302,8770.07%+546
S&P Global Inc.(SPGI)10,94312,743+1,8004,6545,1900.13%+535
T. Rowe Price Group Inc(TROW)22,65222,168-4842,0422,5200.06%+478
iShares Russell Midcap Index Fund42,78541,859-9264,1604,6180.11%+458
Procter & Gamble Co(PG)135,346136,436+1,09019,54920,0070.48%+458
Vanguard MSCI European ETF74,71974,71906,1596,6160.16%+457
iShares 0-5 Yr Inv Grd Corp Bond ETF
0-5YR INVT GR CP
970,988982,350+11,36249,02549,4811.20%+456
Vanguard Total Stock Market ETF9,0679,075+82,9093,3580.08%+449
iShares Core S&P Total US Stock Market ETF19,46419,559+952,7723,2130.08%+441
Genuine Parts(GPC)39,84439,414-4304,2144,6500.11%+437
Dominion Energy Inc(D)14,51119,478+4,9678971,3300.03%+433
Berkshire Hathaway Inc Del Cl A3837-127,28927,7070.67%+418
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