FARMERS & MERCHANTS INVESTMENTS INC
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| Vanguard FTSE Developed Markets ETF | 3,120,846 | 3,364,114 | +243,268 | 177,919,430 | 201,577,711 | 5.71% | +23,658,281 |
| Apple Inc(AAPL) | 456,368 | 436,385 | -19,983 | 93,633,023 | 111,116,713 | 3.15% | +17,483,690 |
| iShares S&P Small Cap 600 Index ETF | 1,124,458 | 1,151,423 | +26,965 | 122,892,015 | 136,823,595 | 3.88% | +13,931,580 |
| iShares S&P 500 Index Fund | 394,126 | 379,752 | -14,374 | 244,712,833 | 254,168,014 | 7.21% | +9,455,181 |
| Alphabet Inc Class A(GOOG) | 191,940 | 177,793 | -14,147 | 33,825,586 | 43,221,478 | 1.23% | +9,395,892 |
| Oracle Corp(ORCL) | 218,040 | 200,716 | -17,324 | 47,670,085 | 56,449,368 | 1.60% | +8,779,283 |
| Alphabet Inc Class C(GOOG) | 146,022 | 142,269 | -3,753 | 25,902,843 | 34,649,615 | 0.98% | +8,746,772 |
| iShares S&P Midcap 400 | 1,729,458 | 1,772,453 | +42,995 | 107,260,985 | 115,670,283 | 3.28% | +8,409,298 |
| Broadcom Inc(AVGO) | 230,743 | 217,750 | -12,993 | 63,604,308 | 71,837,903 | 2.04% | +8,233,595 |
| JPMorgan Chase & Co.(JPM) | 158,601 | 169,224 | +10,623 | 45,980,016 | 53,378,326 | 1.51% | +7,398,310 |
| Amphenol Corp Cl A | 380,088 | 355,321 | -24,767 | 37,533,690 | 43,970,974 | 1.25% | +6,437,284 |
| Abbvie Inc(ABBV) | 86,593 | 84,543 | -2,050 | 16,073,393 | 19,575,086 | 0.55% | +3,501,693 |
| Johnson & Johnson(JNJ) | 169,051 | 157,108 | -11,943 | 25,822,540 | 29,130,965 | 0.83% | +3,308,425 |
| Goldman Sachs Group Inc.(GS) | 31,479 | 31,626 | +147 | 22,279,262 | 25,185,365 | 0.71% | +2,906,103 |
| Berkshire Hathaway Inc Del Cl B New | 100,030 | 102,335 | +2,305 | 48,591,573 | 51,447,898 | 1.46% | +2,856,325 |
| Lowe's Companies, Inc(LOW) | 130,540 | 126,247 | -4,293 | 28,962,910 | 31,727,134 | 0.90% | +2,764,224 |
| Nelnet, Inc.(NNI) | 1,202,262 | 1,183,342 | -18,920 | 145,617,973 | 148,367,420 | 4.21% | +2,749,447 |
| RTX Corp(RTX) | 116,500 | 116,139 | -361 | 17,011,330 | 19,433,539 | 0.55% | +2,422,209 |
| Advanced Micro Devices Inc(AMD) | 202,553 | 192,064 | -10,489 | 28,742,271 | 31,074,035 | 0.88% | +2,331,764 |
| Caterpillar Inc(CAT) | 26,587 | 26,481 | -106 | 10,321,339 | 12,635,409 | 0.36% | +2,314,070 |
| NVIDIA Corporation(NVDA) | 190,027 | 172,387 | -17,640 | 30,022,366 | 32,163,966 | 0.91% | +2,141,600 |
| Taiwan Semiconductor Manufacturing Company Ltd.(TSM) | 101,911 | 89,943 | -11,968 | 23,081,822 | 25,120,180 | 0.71% | +2,038,358 |
| iShares Russell 2000 Index Fund | 72,974 | 73,032 | +58 | 15,747,059 | 17,670,823 | 0.50% | +1,923,764 |
| Wesco International Inc(WCC) | 193,277 | 178,219 | -15,058 | 35,794,900 | 37,693,319 | 1.07% | +1,898,419 |
| Dell Technologies Inc Cl C(DELL) | 101,885 | 101,110 | -775 | 12,491,101 | 14,334,365 | 0.41% | +1,843,264 |
| TJX Companies Inc(TJX) | 85,431 | 85,271 | -160 | 10,549,874 | 12,325,070 | 0.35% | +1,775,196 |
| Chevron Corp(CVX) | 119,856 | 121,778 | +1,922 | 17,162,181 | 18,910,906 | 0.54% | +1,748,725 |
| Vanguard S&P 500 ETF | 37,013 | 37,115 | +102 | 21,024,494 | 22,728,484 | 0.64% | +1,703,990 |
| Tesla Inc(TSLA) | 12,395 | 12,224 | -171 | 3,937,396 | 5,436,257 | 0.15% | +1,498,861 |
| Ross Stores Inc(ROST) | 83,318 | 79,507 | -3,811 | 10,629,710 | 12,116,072 | 0.34% | +1,486,362 |
| ICON PLC(ICLR) | 87,573 | 80,038 | -7,535 | 12,737,493 | 14,006,650 | 0.40% | +1,269,157 |
| iShares S&P 500 Growth Index Fund | 115,559 | 115,509 | -50 | 12,723,046 | 13,944,246 | 0.40% | +1,221,200 |
| Home Depot Inc(HD) | 31,239 | 31,042 | -197 | 11,453,467 | 12,577,908 | 0.36% | +1,124,441 |
| Vanguard FTSE Emerging Markets ETF | 1,658,374 | 1,532,655 | -125,719 | 82,023,178 | 83,039,248 | 2.35% | +1,016,070 |
| Medtronic PLC(MDT) | 137,494 | 136,306 | -1,188 | 11,985,352 | 12,981,783 | 0.37% | +996,431 |
| UnitedHealth Group Inc(UNH) | 65,753 | 61,930 | -3,823 | 20,512,963 | 21,384,429 | 0.61% | +871,466 |
| iShares GNMA Bond ETF | 251,648 | 266,935 | +15,287 | 11,059,930 | 11,838,567 | 0.34% | +778,637 |
| Aflac Inc common(AFL) | 130,582 | 130,062 | -520 | 13,771,178 | 14,527,925 | 0.41% | +756,747 |
| Standard and Poor's Depositary Receipts 500 ETF Trust(SPY) | 12,524 | 12,706 | +182 | 7,737,953 | 8,464,483 | 0.24% | +726,530 |
| Albemarle Corp(ALB) | 41,844 | 41,200 | -644 | 2,622,363 | 3,340,496 | 0.09% | +718,133 |
| Blackrock Inc(BLK) | 14,817 | 13,938 | -879 | 15,546,737 | 16,249,896 | 0.46% | +703,159 |
| Genuine Parts(GPC) | 40,902 | 40,730 | -172 | 4,961,822 | 5,645,178 | 0.16% | +683,356 |
| Occidental Petroleum Corp(OXY) | 239,436 | 227,115 | -12,321 | 10,058,706 | 10,731,184 | 0.30% | +672,478 |
| Phillips 66(PSX) | 37,465 | 37,517 | +52 | 4,469,575 | 5,103,062 | 0.14% | +633,487 |
| Bank of America Corp | 408,611 | 386,102 | -22,509 | 19,335,473 | 19,919,002 | 0.56% | +583,529 |
| American Elec Pwr Inc | 63,486 | 63,486 | 0 | 6,587,307 | 7,142,175 | 0.20% | +554,868 |
| Enbridge Inc(ENB) | 294,383 | 275,327 | -19,056 | 13,341,438 | 13,893,000 | 0.39% | +551,562 |
| iShares Russell 2000 Growth Index Fd | 17,481 | 17,311 | -170 | 4,997,119 | 5,540,212 | 0.16% | +543,093 |
| Sysco Corp(SYY) | 187,235 | 178,684 | -8,551 | 14,181,179 | 14,712,841 | 0.42% | +531,662 |
| ConocoPhillips(COP) | 101,078 | 101,198 | +120 | 9,070,740 | 9,572,319 | 0.27% | +501,579 |
| Norfolk Southern(NSC) | 11,230 | 11,230 | 0 | 2,874,543 | 3,373,604 | 0.10% | +499,061 |
| iShares Russell Mid-Cap Growth ETF | 93,028 | 93,629 | +601 | 12,901,123 | 13,333,706 | 0.38% | +432,583 |
| CVS Health Corporation(CVS) | 266,774 | 249,736 | -17,038 | 18,402,071 | 18,827,597 | 0.53% | +425,526 |
| Huntington Ingalls Industries(HII) | 9,586 | 9,504 | -82 | 2,314,636 | 2,736,297 | 0.08% | +421,661 |
| Illinois Tool Works Inc(ITW) | 37,390 | 37,047 | -343 | 9,244,678 | 9,660,376 | 0.27% | +415,698 |
| Delta Air Lines Inc(DAL) | 128,795 | 118,844 | -9,951 | 6,334,138 | 6,744,397 | 0.19% | +410,259 |
| Qualcomm Inc(QCOM) | 69,887 | 69,281 | -606 | 11,130,204 | 11,525,587 | 0.33% | +395,383 |
| Lam Research Corp(LRCX) | 19,250 | 16,650 | -2,600 | 1,873,795 | 2,229,435 | 0.06% | +355,640 |
| Fortis Inc(FTS) | 87,847 | 89,458 | +1,611 | 4,192,937 | 4,539,099 | 0.13% | +346,162 |
| S&P Global Inc.(SPGI) | 4,643 | 5,723 | +1,080 | 2,448,207 | 2,785,441 | 0.08% | +337,234 |
| Walmart, Inc(WMT) | 457,746 | 437,564 | -20,182 | 44,758,404 | 45,095,346 | 1.28% | +336,942 |
| Thermo Fisher Scientific(TMO) | 3,870 | 3,871 | +1 | 1,569,130 | 1,877,512 | 0.05% | +308,382 |
| OGE Energy Corp(OGE) | 164 | 6,579 | +6,415 | 7,278 | 304,410 | 0.01% | +297,132 |
| iShares Russell Midcap Value Index Fund | 43,589 | 43,323 | -266 | 5,759,850 | 6,050,923 | 0.17% | +291,073 |
| Evergy Inc(EVRG) | 40,071 | 40,158 | +87 | 2,762,094 | 3,052,811 | 0.09% | +290,717 |
| Vanguard Mid-Cap Index ETF | 9,203 | 9,659 | +456 | 2,575,275 | 2,837,235 | 0.08% | +261,960 |
| WEC Energy Group Inc(WEC) | 30,018 | 29,518 | -500 | 3,127,876 | 3,382,468 | 0.10% | +254,592 |
| Spdr Gold Trust(GLD) | 3,952 | 4,102 | +150 | 1,204,688 | 1,458,138 | 0.04% | +253,450 |
| Black Hills Corp | 47,498 | 47,364 | -134 | 2,664,638 | 2,917,149 | 0.08% | +252,511 |
| Cummins Inc.(CMI) | 2,218 | 2,303 | +85 | 726,395 | 972,718 | 0.03% | +246,323 |
| Vanguard Total Bond Market ETF | 769,282 | 764,886 | -4,396 | 56,642,234 | 56,884,572 | 1.61% | +242,338 |
| iShares Russell 2000 Value Index Fund | 11,858 | 11,858 | 0 | 1,870,718 | 2,096,613 | 0.06% | +225,895 |
| FedEx Corp(FDX) | 26,153 | 26,153 | 0 | 5,944,838 | 6,167,139 | 0.17% | +222,301 |
| Novartis AG - ADR(NVS) | 38,891 | 38,425 | -466 | 4,706,200 | 4,927,622 | 0.14% | +221,422 |
| Rockwell Automation Inc.(ROK) | 15,246 | 15,122 | -124 | 5,064,264 | 5,285,593 | 0.15% | +221,329 |
| Vanguard Total Stock Market ETF | 9,332 | 9,308 | -24 | 2,836,275 | 3,054,606 | 0.09% | +218,331 |
| Citigroup Inc(C) | 91,159 | 78,577 | -12,582 | 7,759,454 | 7,975,566 | 0.23% | +216,112 |
| Vanguard Growth ETF | 2,631 | 2,851 | +220 | 1,153,430 | 1,367,368 | 0.04% | +213,938 |
| Exxon Mobil Corp | 273,413 | 263,220 | -10,193 | 29,473,921 | 29,678,055 | 0.84% | +204,134 |
| iShares Russell Midcap Index Fund | 42,982 | 42,982 | 0 | 3,953,055 | 4,149,912 | 0.12% | +196,857 |
| GE Vernova Inc(GEV) | 1,917 | 1,967 | +50 | 1,014,381 | 1,209,508 | 0.03% | +195,127 |
| Pfizer Inc(PFE) | 192,317 | 190,612 | -1,705 | 4,661,764 | 4,856,794 | 0.14% | +195,030 |
| iShares MSCI Emerging Mkts Index Fd | 37,969 | 37,933 | -36 | 1,831,625 | 2,025,622 | 0.06% | +193,997 |
| iShares Core S&P Total US Stock Market ETF | 16,981 | 17,017 | +36 | 2,293,114 | 2,478,526 | 0.07% | +185,412 |
| iShares MSCI EAFE Index Fund | 45,432 | 45,459 | +27 | 4,061,166 | 4,244,507 | 0.12% | +183,341 |
| Vanguard Dividend Appreciation Index ETF | 18,782 | 18,648 | -134 | 3,844,112 | 4,024,052 | 0.11% | +179,940 |
| Welltower Inc(WELL) | 7,035 | 7,049 | +14 | 1,081,491 | 1,255,709 | 0.04% | +174,218 |
| Vanguard MSCI European ETF | 74,758 | 74,719 | -39 | 5,793,745 | 5,962,576 | 0.17% | +168,831 |
| Vanguard Small-Cap Index ETF | 14,753 | 14,396 | -357 | 3,496,166 | 3,660,615 | 0.10% | +164,449 |
| iShares Gold Trust ETF(IAU) | 14,536 | 14,552 | +16 | 906,465 | 1,058,949 | 0.03% | +152,484 |
| CSX Corp(CSX) | 45,477 | 45,657 | +180 | 1,483,915 | 1,621,280 | 0.05% | +137,365 |
| General Dynamics Corp(GD) | 3,372 | 3,272 | -100 | 983,478 | 1,115,752 | 0.03% | +132,274 |
| Flextronics International Ltd.(FLEX) | 16,325 | 16,335 | +10 | 814,944 | 946,940 | 0.03% | +131,996 |
| T. Rowe Price Group Inc(TROW) | 24,182 | 24,017 | -165 | 2,333,563 | 2,465,105 | 0.07% | +131,542 |
| Vanguard Small-Cap Value Index ETF | 9,453 | 9,453 | 0 | 1,843,430 | 1,972,936 | 0.06% | +129,506 |
| iShares S&P MidCap 400/Barra Growth Index Fund | 22,791 | 22,938 | +147 | 2,073,525 | 2,199,525 | 0.06% | +126,000 |
| Valmont Industries, Inc.(VMI) | 2,016 | 2,017 | +1 | 658,365 | 782,051 | 0.02% | +123,686 |
| Palantir Technologies Inc.(PLTR) | 2,412 | 2,477 | +65 | 328,804 | 451,854 | 0.01% | +123,050 |
| GE Aerospace(GE) | 6,273 | 5,773 | -500 | 1,614,607 | 1,736,634 | 0.05% | +122,027 |
| Invesco QQQ Trust | 743 | 885 | +142 | 409,869 | 531,327 | 0.02% | +121,458 |