Fund HoldingsMONARCH CAPITAL MANAGEMENT INC

Total Portfolio Value
$406.84M
Total Bought
$14.23M
Total Sold
$31.19M
Net Transaction
-$16.97M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
MERCK & CO INC(MRK)123,342122,866-47610,42813,0143.20%+2,586
ALPHABET INC(GOOG)39,56038,435-1,1259,63512,0612.96%+2,426
EURONET WORLDWIDE INC(EEFT)029,974+29,97402,2810.56%+2,281
SALESFORCE INC(CRM)1,7595,491+3,7324181,4560.36%+1,038
JOHNSON & JOHNSON(JNJ)62,45760,883-1,57411,58112,6003.10%+1,019
ALPHABET INC(GOOG)16,60115,941-6604,0364,9901.23%+954
CISCO SYS INC(CSCO)0136,438+136,438010,5102.58%+10,510
REGENERON PHARMACEUTICALS(REGN)2,9153,119+2041,6392,4080.59%+768
STEEL DYNAMICS INC(STLD)31,35630,148-1,2084,3835,1191.26%+737
FLOWSERVE CORP(FLS)50,85148,806-2,0452,7093,3930.83%+684
DOLLAR GEN CORP NEW(DG)17,91418,824+9101,8512,4990.61%+648
WALMART INC(WMT)130,524125,935-4,58913,45214,0303.45%+579
UNITED PARCEL SERVICE INC(UPS)030,625+30,62503,0380.75%+3,038
APPLE INC(AAPL)65,06762,763-2,30416,56817,0634.19%+495
US BANCORP DEL(USB)133,477129,394-4,0836,4956,9491.71%+454
GILEAD SCIENCES INC(GILD)44,21443,527-6874,9085,3421.31%+435
TARGET CORP(TGT)15,92818,529+2,6011,4291,8110.45%+382
ACCENTURE PLC IRELAND
SHS CLASS A
018,045+18,04504,8411.19%+4,841
VANGUARD SCOTTSDALE FDS
VNG RUS2000IDX
4,6467,561+2,9154547520.18%+298
EXXON MOBIL CORP50,36549,571-7945,6795,9651.47%+287
CARLISLE COS INC(CSL)0847+84702710.07%+271
NOVO-NORDISK A S(NVO)4,2209,904+5,6842345040.12%+270
AES CORP(AES)132,556139,431+6,8751,7441,9990.49%+255
APPLIED MATLS INC0970+97002490.06%+249
ELI LILLY & CO(LLY)01,160+1,16001,2470.31%+1,247
CHUBB LIMITED
COM
7,5277,487-402,1312,3430.58%+213
BRISTOL-MYERS SQUIBB CO(BMY)23,98023,98001,0811,2930.32%+212
RTX CORPORATION(RTX)16,62316,308-3152,7822,9910.74%+209
INVESCO EXCHANGE TRADED FD T
S&P500 EQL WGT
4,6275,662+1,0358781,0850.27%+207
PROGRESSIVE CORP(PGR)0900+90002050.05%+205
NEXTERA ENERGY INC(NEE)59,51558,438-1,0774,4934,6911.15%+199
INTEL CORP(INTC)89,83587,048-2,7873,0143,2120.79%+198
ONEOK INC NEW(OKE)19,30121,841+2,5401,4081,6050.39%+197
COCA COLA CO(KO)094,475+94,47506,6051.62%+6,605
PEPSICO INC(PEP)12,12312,973+8501,7031,8770.46%+174
ROGERS COMMUNICATIONS INC(RCI)60,71359,386-1,3272,1072,2550.55%+148
AMAZON COM INC(AMZN)2,8113,246+4356177490.18%+132
3M CO(MMM)31,07730,925-1524,8234,9511.22%+129
SCOTTS MIRACLE-GRO CO(SMG)024,237+24,23701,4140.35%+1,414
CATERPILLAR INC(CAT)1,2371,23705907090.17%+118
HECLA MNG CO(HL)15,60015,60001892990.07%+111
NVIDIA CORPORATION(NVDA)2,8733,386+5135366310.16%+95
JPMORGAN CHASE & CO.(JPM)21,10820,940-1686,6586,7471.66%+89
VANGUARD WHITEHALL FDS4,3445,044+7003684540.11%+86
NUCOR CORP(NUE)2,9842,976-84064870.12%+81
MCDONALDS CORP(MCD)39,02839,029+111,86011,9282.93%+68
WW GRAINGER INC(GWW)01,268+1,26801,2790.31%+1,279
CINCINNATI FINL CORP(CINF)28,12527,617-5084,4684,5321.11%+64
CANADIAN NATL RY CO(CNI)4,7025,082+3804435020.12%+59
TAIWAN SEMICONDUCTOR MFG LTD(TSM)1,9761,97605546020.15%+49
ARCHER DANIELS MIDLAND CO19,85021,446+1,5961,1861,2330.30%+47
BLACK HILLS CORP5,4855,48503383810.09%+43
WELLS FARGO CO NEW(WFC)9,4968,969-5277968360.21%+40
PFIZER INC(PFE)121,545125,842+4,2973,0973,1330.77%+36
AMGEN INC(AMGN)76076002142490.06%+34
ELEVANCE HEALTH INC FORMERLY(ELV)01,153+1,15304040.10%+404
GE VERNOVA INC(GEV)1,9671,899-681,2101,2410.31%+32
SPDR S&P 500 ETF TR(SPY)1,2521,25208368560.21%+20
PNC FINL SVCS GROUP INC(PNC)2,2942,29404614790.12%+18
VANGUARD TAX-MANAGED FDS6,4986,49803894060.10%+17
VISA INC(V)2,0342,019-156947080.17%+14
INTERNATIONAL BUSINESS MACHS(IBM)80180102262370.06%+11
DEERE & CO(DE)90890804174240.10%+8
STRIVE INC(ASST)010,000+10,000070.00%+7
ISHARES TR3,9253,92502102150.05%+5
VANGUARD INDEX FDS80680602652700.07%+5
NORTHERN TR CORP(NTRS)6,4476,389-588738780.22%+5
BP PLC(BP)17,30517,30505966010.15%+5
ISHARES TR98498402382420.06%+4
BERKSHIRE HATHAWAY INC DEL1107547550.19%+1
FIRST MERCHANTS CORP(FRME)8,9188,91803363340.08%-2
PHILIP MORRIS INTL INC(PM)010,538+10,53801,7050.42%+1,705
COLGATE PALMOLIVE CO(CL)07,209+7,20905700.14%+570
NISOURCE INC(NI)5,3705,37002332240.06%-8
ISHARES TR2,2562,25603213090.08%-12
PLEXUS CORP(PLXS)6,1505,950-2008908750.21%-15
VANGUARD MALVERN FDS51,56652,476+9102,6112,5950.64%-15
CHECK POINT SOFTWARE TECH LT
ORD
3,2063,439+2336636380.16%-25
NIKE INC(NKE)4,5704,57003202930.07%-27
SHERWIN WILLIAMS CO(SHW)1,4561,440-165044670.11%-38
MEDTRONIC PLC(MDT)59,83958,902-9375,7315,6901.40%-41
CINTAS CORP(CTAS)2,4002,40004934510.11%-41
OTIS WORLDWIDE CORP(OTIS)08,883+8,88307760.19%+776
CONOCOPHILLIPS(COP)2,9232,436-4872762280.06%-48
AT&T INC(T)14,25614,25604033540.09%-48
LOCKHEED MARTIN CORP(LMT)3,6003,613+131,7971,7480.43%-50
COSTCO WHSL CORP NEW(COST)0853+85307360.18%+736
ILLINOIS TOOL WKS INC(ITW)1,5131,377-1363963410.08%-55
PPL CORP(PPL)48,58649,636+1,0501,8131,7460.43%-67
BERKSHIRE HATHAWAY INC DEL5,6975,565-1322,8642,7970.69%-67
FRANKLIN ELEC INC(FELE)97,35696,312-1,0449,2689,2012.26%-68
ALTRIA GROUP INC(MO)9,4079,40706305510.14%-79
CHEVRON CORP NEW(CVX)14,31114,001-3102,2222,1340.52%-88
VERIZON COMMUNICATIONS INC(VZ)45,37946,757+1,3781,9941,9040.47%-90
LINDE PLC(LIN)1,9821,98209418450.21%-96
KIMBERLY-CLARK CORP(KMB)4,3724,37205484460.11%-103
CARRIER GLOBAL CORPORATION(CARR)044,775+44,77502,3660.58%+2,366
COPART INC(CPRT)14,07113,461-6106335270.13%-106
EMERSON ELEC CO(EMR)057,236+57,23607,5961.87%+7,596
JACOBS SOLUTIONS INC(J)6,2246,22409338240.20%-108
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