MONARCH CAPITAL MANAGEMENT INC/
13F Reported Value
ⓘ$408.6M
Holdings
127
Latest Filing
2026-03-31
Filing Quarter
Q1 2026
Portfolio Overview
MONARCH CAPITAL MANAGEMENT INC/ disclosed 127 positions worth $408.6M in its Form 13F-HR for Q1 2026, led by $MSFT (MICROSOFT CORP) at 4.3% of the equity portfolio, followed by $AAPL and $WMT. During the quarter the fund opened 5 new positions and exited 2 — including a new stake in $RIO and a full exit from $IBM. The portfolio is most concentrated in Technology (24.6% of disclosed assets). All figures are sourced directly from MONARCH CAPITAL MANAGEMENT INC/’s Form 13F-HR filing with the SEC under CIK 938759.
AI Fund Analysis
DiversifyingSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q1 2026
Click any card to unlockTop Holdings
- 83.7#15
Quality
$17.8M48,033 sh - 76.1#112
Quality
$15.2M59,810 sh - 63.2#694
Quality
$14.7M117,777 sh - 70.9
Quality
$14.6M120,559 sh - 72.8
Quality
$14.3M58,478 sh ISHARES TR
—Quality
$12.6M124,858 sh- 73.9
Quality
$11.8M37,902 sh - 69.2
Quality
$10.9M33,005 sh - 51.1
Quality
$10.8M149,082 sh - 80.2
Quality
$10.8M37,576 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 MICROSOFT CORP$MSFT | 83.7#15 | $17.8M | 48,033 |
 Apple Inc.$AAPL | 76.1#112 | $15.2M | 59,810 |
 Walmart Inc.$WMT | 63.2#694 | $14.7M | 117,777 |
 Merck & Co., Inc.$MRK | 70.9 | $14.6M | 120,559 |
 JOHNSON & JOHNSON$JNJ | 72.8 | $14.3M | 58,478 |
| ISHARES TR | — | $12.6M | 124,858 |
 MCDONALDS CORP$MCD | 73.9 | $11.8M | 37,902 |
 HOME DEPOT, INC.$HD | 69.2 | $10.9M | 33,005 |
 KROGER CO$KR | 51.1 | $10.8M | 149,082 |
 Alphabet Inc.$GOOGL | 80.2 | $10.8M | 37,576 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of MONARCH CAPITAL MANAGEMENT INC/'s 127 positions.
Showing top 10 of 127 holdings.
Sector Allocation
Technology
$100.5M
Healthcare
$78.2M
Consumer Discretionary
$54.5M
Financials
$43.5M
Industrials
$33.8M
Consumer Staples
$31.2M
Other
$22.1M
Energy
$14.3M
Full Holdings — MONARCH CAPITAL MANAGEMENT INC/ (Q1 2026)
All 127 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $MSFT | MICROSOFT CORP | $17.8M | 4.3% | -0% | 83.7 |
| 2 | $AAPL | Apple Inc. | $15.2M | 3.7% | -5% | 76.1 |
| 3 | $WMT | Walmart Inc. | $14.7M | 3.6% | -6% | 63.2 |
| 4 | $MRK | Merck & Co., Inc. | $14.6M | 3.6% | -2% | 70.9 |
| 5 | $JNJ | JOHNSON & JOHNSON | $14.3M | 3.5% | -4% | 72.8 |
| 6 | — | ISHARES TR | $12.6M | 3.1% | +27% | — |
| 7 | $MCD | MCDONALDS CORP | $11.8M | 2.9% | -3% | 73.9 |
| 8 | $HD | HOME DEPOT, INC. | $10.9M | 2.7% | -1% | 69.2 |
| 9 | $KR | KROGER CO | $10.8M | 2.6% | +0% | 51.1 |
| 10 | $GOOGL | Alphabet Inc. | $10.8M | 2.6% | -2% | 80.2 |
| 11 |  $ABBV | AbbVie Inc. | $10.6M | 2.6% | -2% | 59.3 |
| 12 |  $CSCO | CISCO SYSTEMS, INC. | $10.4M | 2.5% | -2% | 72.3 |
| 13 |  $PWR | QUANTA SERVICES, INC. | $9.6M | 2.3% | -6% | 62.6 |
| 14 |  $FELE | FRANKLIN ELECTRIC CO INC | $8.7M | 2.1% | -2% | 54.1 |
| 15 |  $LKFN | LAKELAND FINANCIAL CORP | $8.5M | 2.1% | -4% | — |
| 16 |  $XOM | EXXON MOBIL CORP | $8.1M | 2.0% | -3% | 61.8 |
| 17 |  $ADP | AUTOMATIC DATA PROCESSING INC | $7.6M | 1.9% | +5% | 77.9 |
| 18 |  $EMR | EMERSON ELECTRIC CO | $7.4M | 1.8% | -1% | 65.9 |
| 19 |  $KO | COCA COLA CO | $7.0M | 1.7% | -3% | 74 |
| 20 |  $PG | PROCTER & GAMBLE Co | $6.6M | 1.6% | -1% | 72.9 |
| 21 |  $USB | US BANCORP DE | $6.5M | 1.6% | -4% | 71.4 |
| 22 |  $JPM | JPMORGAN CHASE & CO | $6.0M | 1.5% | -2% | 35.6 |
| 23 |  $AFL | AFLAC INC | $6.0M | 1.5% | -4% | 60.3 |
| 24 |  $GILD | GILEAD SCIENCES, INC. | $5.6M | 1.4% | -8% | 77.8 |
| 25 |  $ABT | ABBOTT LABORATORIES | $5.6M | 1.4% | -0% | 67 |
| 26 |  $NEE | NEXTERA ENERGY INC | $5.3M | 1.3% | -2% | 71.7 |
| 27 |  $STLD | STEEL DYNAMICS INC | $5.3M | 1.3% | -3% | 56 |
| 28 |  $MDT | Medtronic plc | $5.2M | 1.3% | +1% | — |
| 29 |  $SYK | STRYKER CORP | $4.6M | 1.1% | -2% | 69.8 |
| 30 |  $MMM | 3M CO | $4.5M | 1.1% | +1% | 60.7 |
| 31 |  $GOOG | Alphabet Inc. | $4.5M | 1.1% | -2% | 80.2 |
| 32 |  $CINF | CINCINNATI FINANCIAL CORP | $4.3M | 1.1% | -2% | 77 |
| 33 |  $FFIV | F5, INC. | $4.2M | 1.0% | -0% | 70 |
| 34 |  $APD | Air Products & Chemicals, Inc. | $4.0M | 1.0% | +2% | 41.2 |
| 35 |  $SYY | SYSCO CORP | $3.9M | 0.9% | -2% | 58.4 |
| 36 |  $GPC | GENUINE PARTS CO | $3.9M | 0.9% | +8% | 54.2 |
| 37 |  $INTC | INTEL CORP | $3.8M | 0.9% | -1% | 41.5 |
| 38 |  $ACN | Accenture plc | $3.6M | 0.9% | +1% | — |
| 39 |  $PFE | PFIZER INC | $3.5M | 0.9% | -1% | 69 |
| 40 |  $ZBH | ZIMMER BIOMET HOLDINGS, INC. | $3.4M | 0.8% | +1% | 64.9 |
| 41 |  $FLS | FLOWSERVE CORP | $3.4M | 0.8% | -6% | 66.2 |
| 42 |  $RTX | RTX Corp | $3.1M | 0.8% | -1% | 70 |
| 43 |  $UPS | UNITED PARCEL SERVICE INC | $3.1M | 0.8% | +3% | 58.2 |
| 44 | — | VANGUARD INTL EQUITY INDEX F | $2.8M | 0.7% | -1% | — |
| 45 |  $CVX | CHEVRON CORP | $2.8M | 0.7% | -3% | 54.7 |
| 46 |  $BRK.B | BERKSHIRE HATHAWAY INC | $2.7M | 0.7% | +0% | 64.5 |
| 47 | — | VANGUARD MALVERN FDS | $2.7M | 0.7% | +2% | — |
| 48 |  $CARR | CARRIER GLOBAL Corp | $2.6M | 0.7% | +5% | 61.5 |
| 49 |  $FISV | FISERV INC | $2.5M | 0.6% | +10% | 67.4 |
| 50 |  $CB | Chubb Ltd | $2.5M | 0.6% | +2% | — |
| 51 |  $REGN | REGENERON PHARMACEUTICALS, INC. | $2.5M | 0.6% | +3% | 75.1 |
| 52 |  $VZ | VERIZON COMMUNICATIONS INC | $2.4M | 0.6% | +1% | 71.6 |
| 53 |  $TGT | TARGET CORP | $2.3M | 0.6% | +4% | 53.1 |
| 54 |  $RCI | ROGERS COMMUNICATIONS INC | $2.3M | 0.6% | +1% | — |
| 55 |  $LMT | LOCKHEED MARTIN CORP | $2.2M | 0.5% | +0% | 65 |
| 56 |  $DG | DOLLAR GENERAL CORP | $2.1M | 0.5% | -5% | 60.4 |
| 57 |  $PEP | PEPSICO INC | $2.1M | 0.5% | +3% | 62.7 |
| 58 |  $OKE | ONEOK INC /NEW/ | $2.0M | 0.5% | +4% | 72 |
| 59 |  $CRM | Salesforce, Inc. | $2.0M | 0.5% | +95% | 75.2 |
| 60 |  $AES | AES CORP | $2.0M | 0.5% | -0% | 50.9 |
| 61 |  $GE | GENERAL ELECTRIC CO | $1.9M | 0.5% | -9% | 74.8 |
| 62 |  $EEFT | EURONET WORLDWIDE, INC. | $1.9M | 0.5% | -4% | 58.3 |
| 63 |  $PPL | PPL Corp | $1.9M | 0.5% | -0% | 70.3 |
| 64 |  $DIS | Walt Disney Co | $1.9M | 0.5% | +1% | 68.9 |
| 65 |  $PM | Philip Morris International Inc. | $1.8M | 0.4% | -0% | 80.5 |
| 66 |  $GEV | GE Vernova Inc. | $1.6M | 0.4% | -4% | 70.1 |
| 67 |  $ADM | Archer-Daniels-Midland Co | $1.6M | 0.4% | +0% | 49.4 |
| 68 |  $SMG | SCOTTS MIRACLE-GRO CO | $1.5M | 0.4% | -0% | 74.9 |
| 69 |  $BMY | BRISTOL MYERS SQUIBB CO | $1.5M | 0.4% | -0% | 70.1 |
| 70 |  $GWW | W.W. GRAINGER, INC. | $1.4M | 0.3% | -1% | 69.5 |
| 71 |  $AMZN | AMAZON COM INC | $1.2M | 0.3% | +75% | 74.6 |
| 72 |  $PLXS | PLEXUS CORP | $1.1M | 0.3% | -6% | 41.8 |
| 73 |  $LLY | ELI LILLY & Co | $1.0M | 0.3% | -3% | 89.3 |
| 74 |  $LIN | LINDE PLC | $982,597 | 0.2% | +0% | — |
| 75 |  $IVZ | Invesco Ltd. | $900,489 | 0.2% | -17% | — |
| 76 |  $CAT | CATERPILLAR INC | $876,366 | 0.2% | +0% | 67.8 |
| 77 | — | VANGUARD SCOTTSDALE FDS | $857,556 | 0.2% | +13% | — |
| 78 |  $COST | COSTCO WHOLESALE CORP /NEW | $849,955 | 0.2% | +0% | 67 |
| 79 |  $SPY | SPDR S&P 500 ETF TRUST | $816,476 | 0.2% | +0% | — |
| 80 |  $NTRS | NORTHERN TRUST CORP | $786,774 | 0.2% | -12% | 71.8 |
| 81 |  $J | JACOBS SOLUTIONS INC. | $777,554 | 0.2% | -2% | 47.7 |
| 82 |  $BP | BP PLC | $768,685 | 0.2% | -5% | — |
| 83 |  $CHKP | CHECK POINT SOFTWARE TECHNOLOGIES LTD | $726,678 | 0.2% | +48% | — |
| 84 |  $BRK.A | BERKSHIRE HATHAWAY INC | $718,140 | 0.2% | +0% | 64.5 |
| 85 | — | VANGUARD WHITEHALL FDS | $685,973 | 0.2% | +44% | — |
| 86 |  $OTIS | Otis Worldwide Corp | $680,848 | 0.2% | -1% | 60.3 |
| 87 |  $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $669,645 | 0.2% | +0% | — |
| 88 |  $WFC | WELLS FARGO & COMPANY/MN | $611,724 | 0.1% | -14% | — |
| 89 |  $CL | COLGATE PALMOLIVE CO | $609,310 | 0.1% | -1% | 72.4 |
| 90 |  $V | VISA INC. | $609,014 | 0.1% | -0% | 83.5 |
| 91 |  $NSC | NORFOLK SOUTHERN CORP | $607,005 | 0.1% | -8% | 70.8 |
| 92 |  $PGR | PROGRESSIVE CORP/OH/ | $593,333 | 0.1% | +233% | 83.6 |
| 93 |  $MO | ALTRIA GROUP, INC. | $587,157 | 0.1% | -7% | 72.1 |
| 94 |  $NVDA | NVIDIA CORP | $582,704 | 0.1% | -1% | 90.2 |
| 95 |  $ORCL | ORACLE CORP | $552,987 | 0.1% | +0% | 67.2 |
| 96 |  $CNI | CANADIAN NATIONAL RAILWAY CO | $548,296 | 0.1% | +5% | — |
| 97 |  $NVO | NOVO NORDISK A S | $535,973 | 0.1% | +44% | — |
| 98 |  $NUE | NUCOR CORP | $504,909 | 0.1% | +0% | 58.9 |
| 99 |  $DE | DEERE & CO | $497,695 | 0.1% | -3% | 57.4 |
| 100 |  $PNC | PNC FINANCIAL SERVICES GROUP, INC. | $477,359 | 0.1% | +0% | 70.9 |
| 101 |  $CPRT | COPART INC | $474,794 | 0.1% | +6% | 74.9 |
| 102 |  $SHW | SHERWIN WILLIAMS CO | $467,683 | 0.1% | +1% | 65.3 |
| 103 |  $KMB | KIMBERLY CLARK CORP | $426,467 | 0.1% | +0% | 61.7 |
| 104 | — | VANGUARD TAX-MANAGED FDS | $422,800 | 0.1% | +2% | — |
| 105 |  $CTAS | CINTAS CORP | $405,936 | 0.1% | +0% | 76.3 |
| 106 |  $T | AT&T INC. | $384,292 | 0.1% | -7% | 71.9 |
| 107 |  $BKH | BLACK HILLS CORP /SD/ | $380,714 | 0.1% | +0% | 53.1 |
| 108 |  $ITW | ILLINOIS TOOL WORKS INC | $360,200 | 0.1% | +0% | 71.2 |
| 109 |  $FRME | FIRST MERCHANTS CORP | $345,395 | 0.1% | +0% | — |
| 110 |  $ELV | Elevance Health, Inc. | $337,541 | 0.1% | +0% | 59.4 |
| 111 |  $AMAT | APPLIED MATERIALS INC /DE | $331,537 | 0.1% | +0% | 74.8 |
| 112 |  $RIO | RIO TINTO PLC | $326,353 | 0.1% | NEW | — |
| 113 |  $COP | CONOCOPHILLIPS | $321,565 | 0.1% | +0% | 74.8 |
| 114 |  $CSL | CARLISLE COMPANIES INC | $305,930 | 0.1% | +8% | 65 |
| 115 | — | ISHARES TR | $289,039 | 0.1% | +0% | — |
| 116 |  $HL | HECLA MINING CO/DE/ | $287,834 | 0.1% | -1% | 73.6 |
| 117 | — | VANGUARD INDEX FDS | $275,471 | 0.1% | -16% | — |
| 118 |  $AMGN | AMGEN INC | $267,406 | 0.1% | +0% | 79.5 |
| 119 |  $NI | NISOURCE INC. | $263,163 | 0.1% | +5% | 61.7 |
| 120 | — | VANGUARD INDEX FDS | $258,573 | 0.1% | +0% | — |
| 121 |  $GFL | GFL Environmental Inc. | $245,940 | 0.1% | NEW | — |
| 122 | — | ISHARES TR | $244,032 | 0.1% | +0% | — |
| 123 |  $NKE | NIKE, Inc. | $243,262 | 0.1% | +0% | 53.4 |
| 124 | — | ISHARES TR | $222,901 | 0.1% | +0% | — |
| 125 |  $NVS | NOVARTIS AG | $213,850 | 0.1% | NEW | — |
| 126 |  $MDLZ | Mondelez International, Inc. | $203,253 | 0.1% | NEW | 53.9 |
| 127 |  $PSX | Phillips 66 | $201,127 | 0.1% | NEW | 47.6 |
New Positions (5)
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