FARMERS & MERCHANTS INVESTMENTS INC
13F Reported Value
ⓘ$4.1B
Holdings
1,760
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
FARMERS & MERCHANTS INVESTMENTS INC disclosed 1,760 positions worth $4.1B in its Form 13F-HR for Q2 2026. During the quarter the fund opened 55 new positions and exited 55 — including a new stake in $HONA. The portfolio is most concentrated in Other (32.2% of disclosed assets). All figures are sourced directly from FARMERS & MERCHANTS INVESTMENTS INC’s Form 13F-HR filing with the SEC under CIK 1259969.
AI Fund Analysis
StableSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
iShares S&P 500 Index Fund - CORE S&P500 ETF
—Quality
$292.5M390,589 shVanguard FTSE Developed Markets ETF - VAN FTSE DEV MKT
—Quality
$267.6M3,755,844 shiShares S&P Small Cap 600 Index ETF - CORE S&P SCP ETF
—Quality
$165.6M1,116,608 sh- 65.3
Quality
$157.2M1,179,351 sh iShares S&P Midcap 400 - CORE S&P MCP ETF
—Quality
$149.5M1,938,937 sh- 76.4
Quality
$129.4M447,308 sh - 79.8
Quality
$112.4M193,518 sh - 79.8
Quality
$105.4M282,623 sh Vanguard FTSE Emerging Markets ETF - FTSE EMR MKT ETF
—Quality
$79.2M1,326,765 sh- 84.5
Quality
$77.6M205,311 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
| iShares S&P 500 Index Fund - CORE S&P500 ETF | — | $292.5M | 390,589 |
| Vanguard FTSE Developed Markets ETF - VAN FTSE DEV MKT | — | $267.6M | 3,755,844 |
| iShares S&P Small Cap 600 Index ETF - CORE S&P SCP ETF | — | $165.6M | 1,116,608 |
| 65.3 | $157.2M | 1,179,351 | |
| iShares S&P Midcap 400 - CORE S&P MCP ETF | — | $149.5M | 1,938,937 |
| 76.4 | $129.4M | 447,308 | |
| 79.8 | $112.4M | 193,518 | |
| 79.8 | $105.4M | 282,623 | |
| Vanguard FTSE Emerging Markets ETF - FTSE EMR MKT ETF | — | $79.2M | 1,326,765 |
| 84.5 | $77.6M | 205,311 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of FARMERS & MERCHANTS INVESTMENTS INC's 1,760 positions.
Showing top 10 of 1,760 holdings.
Sector Allocation
Other
$1.3B
Technology
$1.0B
Financials
$514.6M
Consumer Discretionary
$317.9M
Healthcare
$292.9M
Industrials
$233.7M
Energy
$113.3M
Materials
$89.4M
Top Holdings — FARMERS & MERCHANTS INVESTMENTS INC (Q2 2026)
Top 150 of 1,760 disclosed positions (by reported value) 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 | — | iShares S&P 500 Index Fund - CORE S&P500 ETF | $292.5M | 7.1% | +1% | — |
| 2 | — | Vanguard FTSE Developed Markets ETF - VAN FTSE DEV MKT | $267.6M | 6.5% | +3% | — |
| 3 | — | iShares S&P Small Cap 600 Index ETF - CORE S&P SCP ETF | $165.6M | 4.0% | -8% | — |
| 4 | NELNET INC | $157.2M | 3.8% | -0% | 65.3 | |
| 5 | — | iShares S&P Midcap 400 - CORE S&P MCP ETF | $149.5M | 3.6% | +3% | — |
| 6 | Apple Inc. | $129.4M | 3.1% | +2% | 76.4 | |
| 7 | ADVANCED MICRO DEVICES INC | $112.4M | 2.7% | -0% | 79.8 | |
| 8 | MICROSOFT CORP | $105.4M | 2.5% | +3% | 79.8 | |
| 9 | — | Vanguard FTSE Emerging Markets ETF - FTSE EMR MKT ETF | $79.2M | 1.9% | -7% | — |
| 10 | Broadcom Inc. | $77.6M | 1.9% | -4% | 84.5 | |
| 11 | Alphabet Inc. | $65.7M | 1.6% | +1% | 78.2 | |
| 12 | AMPHENOL CORP /DE/ | $65.1M | 1.6% | +1% | 79.3 | |
| 13 | WESCO INTERNATIONAL INC | $60.1M | 1.5% | -1% | 48.8 | |
| 14 | — | Vanguard Total Bond Market ETF - TOTAL BND MRKT | $59.7M | 1.4% | +1% | — |
| 15 | BERKSHIRE HATHAWAY INC | $57.1M | 1.4% | +2% | 73.8 | |
| 16 | Alphabet Inc. | $54.0M | 1.3% | +3% | 78.2 | |
| 17 | ELI LILLY & Co | $53.3M | 1.3% | -1% | 87.5 | |
| 18 | JPMORGAN CHASE & CO | $50.4M | 1.2% | +1% | 70.7 | |
| 19 | — | iShares 0-5 Yr Inv Grd Corp Bond ETF - 0-5YR INVT GR CP | $49.5M | 1.2% | +1% | — |
| 20 | Walmart Inc. | $45.9M | 1.1% | -3% | 60.2 | |
| 21 | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $45.6M | 1.1% | +2% | — | |
| 22 | Dell Technologies Inc. | $42.4M | 1.0% | -2% | 71.2 | |
| 23 | AMAZON COM INC | $40.8M | 1.0% | +5% | 68.7 | |
| 24 | JOHNSON & JOHNSON | $40.5M | 1.0% | +1% | 69 | |
| 25 | NVIDIA CORP | $39.8M | 1.0% | +7% | 85.9 | |
| 26 | EXXON MOBIL CORP | $37.0M | 0.9% | +1% | 57.9 | |
| 27 | CISCO SYSTEMS, INC. | $35.4M | 0.9% | -1% | 70.3 | |
| 28 | Palo Alto Networks Inc | $34.6M | 0.8% | +6% | 65.5 | |
| 29 | GOLDMAN SACHS GROUP INC | $32.9M | 0.8% | +1% | 73.5 | |
| 30 | TEXAS INSTRUMENTS INC | $31.3M | 0.8% | +1% | 73.4 | |
| 31 | ORACLE CORP | $31.0M | 0.8% | +1% | 66.2 | |
| 32 | LOWES COMPANIES INC | $28.6M | 0.7% | +3% | 60.8 | |
| 33 | BERKSHIRE HATHAWAY INC | $27.7M | 0.7% | -3% | 73.8 | |
| 34 | CVS HEALTH Corp | $27.2M | 0.7% | +1% | 59.4 | |
| 35 | CATERPILLAR INC | $26.7M | 0.7% | -3% | 66.5 | |
| 36 | EMERSON ELECTRIC CO | $26.5M | 0.6% | +1% | 65.3 | |
| 37 | UNITEDHEALTH GROUP INC | $26.2M | 0.6% | +1% | 62.7 | |
| 38 | ASML HOLDING NV | $25.1M | 0.6% | +2% | — | |
| 39 | — | Vanguard S&P 500 ETF - S&P 500 ETF SHS | $25.1M | 0.6% | +1% | — |
| 40 | BANK OF AMERICA CORP /DE/ | $23.6M | 0.6% | +2% | 67.6 | |
| 41 | PEPSICO INC | $23.3M | 0.6% | +2% | 63.4 | |
| 42 | VISA INC. | $23.3M | 0.6% | -0% | 82.9 | |
| 43 | UNION PACIFIC CORP | $22.4M | 0.5% | -0% | 69.7 | |
| 44 | RTX Corp | $21.8M | 0.5% | -0% | 73.2 | |
| 45 | — | iShares Russell 2000 Index Fund - RUSSELL 2000 ETF | $21.7M | 0.5% | +0% | — |
| 46 | AbbVie Inc. | $21.6M | 0.5% | +4% | 72.6 | |
| 47 | Air Products & Chemicals, Inc. | $20.7M | 0.5% | +1% | 46.4 | |
| 48 | PROCTER & GAMBLE Co | $20.0M | 0.5% | +1% | 64.6 | |
| 49 | — | Vanguard S/T Corp Bond ETF - SHRT TRM CORP BD | $19.9M | 0.5% | -8% | — |
| 50 | MCDONALDS CORP | $18.5M | 0.5% | +2% | 69 | |
| 51 | DOVER Corp | $18.3M | 0.4% | -1% | 58.1 | |
| 52 | CHEVRON CORP | $18.3M | 0.4% | +0% | 62.8 | |
| 53 | CAPITAL ONE FINANCIAL CORP | $17.7M | 0.4% | +3% | 62.4 | |
| 54 | — | Vanguard Short-Term Inflation -Protected Securities ETF - STRM INFPROIDX | $16.9M | 0.4% | -4% | — |
| 55 | METLIFE INC | $16.8M | 0.4% | +0% | 56.2 | |
| 56 | US BANCORP \DE\ | $16.6M | 0.4% | -1% | 65.3 | |
| 57 | ABBOTT LABORATORIES | $16.6M | 0.4% | +3% | 65.5 | |
| 58 | COSTCO WHOLESALE CORP /NEW | $16.4M | 0.4% | +0% | 66.2 | |
| 59 | LINDE PLC | $16.2M | 0.4% | -1% | — | |
| 60 | ROSS STORES, INC. | $16.1M | 0.4% | -3% | 70.4 | |
| 61 | NUCOR CORP | $16.0M | 0.4% | -3% | 61.7 | |
| 62 | ENBRIDGE INC | $15.9M | 0.4% | +2% | 66.7 | |
| 63 | Salesforce, Inc. | $15.8M | 0.4% | +24% | 77 | |
| 64 | — | iShares S&P 500 Growth Index Fund - S&P 500 GRWT ETF | $15.3M | 0.4% | -3% | — |
| 65 | WASTE MANAGEMENT INC | $15.2M | 0.4% | -0% | 67.6 | |
| 66 | Merck & Co., Inc. | $15.1M | 0.4% | -0% | 59.9 | |
| 67 | STARBUCKS CORP | $14.8M | 0.4% | +1% | 58.2 | |
| 68 | — | iShares GNMA Bond ETF - GNMA BOND ETF | $14.6M | 0.3% | +3% | — |
| 69 | SYSCO CORP | $14.5M | 0.3% | -1% | 54.7 | |
| 70 | ICON PLC | $14.4M | 0.3% | -0% | — | |
| 71 | Walt Disney Co | $14.3M | 0.3% | +1% | 60.1 | |
| 72 | AFLAC INC | $14.3M | 0.3% | -1% | 61.3 | |
| 73 | — | iShares Barclays MBS Bond Fund ETF - MBS ETF | $14.1M | 0.3% | +3% | — |
| 74 | BlackRock, Inc. | $13.8M | 0.3% | +1% | 70 | |
| 75 | — | iShares Russell Mid-Cap Growth ETF - RUS MD CP GR ETF | $13.7M | 0.3% | -0% | — |
| 76 | AMERIPRISE FINANCIAL INC | $13.6M | 0.3% | -3% | 68.7 | |
| 77 | — | iShares iBoxx H/Y Corp Bond Fund ETF - IBOXX HI YD ETF | $13.6M | 0.3% | -2% | — |
| 78 | Meta Platforms, Inc. | $13.1M | 0.3% | +0% | 79.6 | |
| 79 | TJX COMPANIES INC /DE/ | $12.6M | 0.3% | +0% | 68.7 | |
| 80 | STRYKER CORP | $12.4M | 0.3% | -2% | 72.1 | |
| 81 | Meta Platforms, Inc. | $12.3M | 0.3% | +10% | 79.6 | |
| 82 | QUALCOMM INC/DE | $12.2M | 0.3% | -1% | 70.5 | |
| 83 | WELLS FARGO & COMPANY/MN | $12.1M | 0.3% | -2% | 61.8 | |
| 84 | Edwards Lifesciences Corp | $12.1M | 0.3% | +5% | 69.4 | |
| 85 | VERIZON COMMUNICATIONS INC | $12.0M | 0.3% | +2% | 65.8 | |
| 86 | ITT INC. | $12.0M | 0.3% | +3% | 63 | |
| 87 | ROPER TECHNOLOGIES INC | $12.0M | 0.3% | -2% | 71.9 | |
| 88 | W.W. GRAINGER, INC. | $11.3M | 0.3% | -0% | 61.8 | |
| 89 | OCCIDENTAL PETROLEUM CORP /DE/ | $11.0M | 0.3% | -2% | 62.6 | |
| 90 | HOME DEPOT, INC. | $10.6M | 0.3% | -1% | 60.3 | |
| 91 | Medtronic plc | $10.4M | 0.3% | -1% | 68.7 | |
| 92 | CONOCOPHILLIPS | $10.3M | 0.3% | +0% | 70.2 | |
| 93 | AUTOMATIC DATA PROCESSING INC | $10.3M | 0.3% | -1% | 69.8 | |
| 94 | NEXTERA ENERGY INC | $10.3M | 0.3% | +1% | 64.6 | |
| 95 | Mondelez International, Inc. | $10.2M | 0.3% | -0% | 56.4 | |
| 96 | ILLINOIS TOOL WORKS INC | $9.8M | 0.2% | -1% | 63.6 | |
| 97 | SPDR S&P 500 ETF TRUST | $9.5M | 0.2% | +1% | — | |
| 98 | COCA COLA CO | $9.4M | 0.2% | +2% | 69.5 | |
| 99 | Johnson Controls International plc | $9.4M | 0.2% | +4% | — | |
| 100 | AMGEN INC | $9.3M | 0.2% | -1% | 79.2 | |
| 101 | DIGITAL REALTY TRUST, INC. | $9.1M | 0.2% | +3% | 72.8 | |
| 102 | CITIGROUP INC | $9.0M | 0.2% | -1% | 65 | |
| 103 | AMERICAN ELECTRIC POWER CO INC | $9.0M | 0.2% | +0% | 66.8 | |
| 104 | APTARGROUP, INC. | $8.8M | 0.2% | +4% | 57.5 | |
| 105 | NIKE, Inc. | $8.6M | 0.2% | +1% | 49.3 | |
| 106 | — | iShares Barclays Aggregate Bond Fund - CORE US AGGBD ET | $8.3M | 0.2% | +2% | — |
| 107 | Uber Technologies, Inc | $8.1M | 0.2% | +8% | 73.5 | |
| 108 | FEDEX CORP | $8.1M | 0.2% | -2% | 60.3 | |
| 109 | LAM RESEARCH CORP | $8.1M | 0.2% | +0% | 79.4 | |
| 110 | CORPAY, INC. | $7.4M | 0.2% | NEW | 70.8 | |
| 111 | REALTY INCOME CORP | $7.3M | 0.2% | +4% | 73.7 | |
| 112 | INTERNATIONAL BUSINESS MACHINES CORP | $7.3M | 0.2% | +0% | 70 | |
| 113 | NRC HEALTH | $7.1M | 0.2% | NEW | 41.6 | |
| 114 | — | iShares Russell Midcap Value Index Fund - RUS MDCP VAL ETF | $7.1M | 0.2% | +0% | — |
| 115 | ROCKWELL AUTOMATION, INC | $7.0M | 0.2% | -0% | 63.6 | |
| 116 | Duke Energy CORP | $7.0M | 0.2% | -0% | 56.4 | |
| 117 | AMETEK INC/ | $6.8M | 0.2% | -0% | 69.7 | |
| 118 | — | iShares Russell 2000 Growth Index Fd - RUS 2000 GRW ETF | $6.8M | 0.2% | -0% | — |
| 119 | DANAHER CORP /DE/ | $6.8M | 0.2% | -0% | 64.8 | |
| 120 | — | Vanguard MSCI European ETF - FTSE EUROPE ETF | $6.6M | 0.2% | +0% | — |
| 121 | SLB LIMITED/NV | $6.2M | 0.1% | -1% | 57.9 | |
| 122 | ECOLAB INC. | $6.1M | 0.1% | +2% | 63.3 | |
| 123 | ATI INC | $6.1M | 0.1% | -11% | 63.1 | |
| 124 | Phillips 66 | $6.0M | 0.1% | -0% | 57.8 | |
| 125 | TARGET CORP | $6.0M | 0.1% | -2% | 60.7 | |
| 126 | Booz Allen Hamilton Holding Corp | $5.8M | 0.1% | -3% | 58 | |
| 127 | Fortis Inc. | $5.8M | 0.1% | +5% | 62 | |
| 128 | NOVARTIS AG | $5.7M | 0.1% | -0% | — | |
| 129 | HONEYWELL INTERNATIONAL INC | $5.5M | 0.1% | -50% | 65 | |
| 130 | Honeywell Aerospace Inc. | $5.5M | 0.1% | NEW | — | |
| 131 | S&P Global Inc. | $5.2M | 0.1% | +16% | 76.1 | |
| 132 | Tesla, Inc. | $5.2M | 0.1% | +1% | 53.9 | |
| 133 | — | Vanguard Dividend Appreciation Index ETF - DIV APP ETF | $4.8M | 0.1% | -0% | — |
| 134 | — | iShares MSCI EAFE Index Fund - MSCI EAFE ETF | $4.7M | 0.1% | +0% | — |
| 135 | GENUINE PARTS CO | $4.7M | 0.1% | -1% | 52.7 | |
| 136 | — | iShares Russell Midcap Index Fund - RUS MID CAP ETF | $4.6M | 0.1% | -2% | — |
| 137 | ALBEMARLE CORP | $4.5M | 0.1% | -1% | 53.3 | |
| 138 | FISERV INC | $4.4M | 0.1% | +0% | 60.7 | |
| 139 | PFIZER INC | $4.4M | 0.1% | -1% | 62 | |
| 140 | COMCAST CORP | $4.2M | 0.1% | -11% | 59.5 | |
| 141 | Sprouts Farmers Market, Inc. | $4.2M | 0.1% | NEW | 64.8 | |
| 142 | DELTA AIR LINES, INC. | $4.2M | 0.1% | -10% | 57.5 | |
| 143 | — | Vanguard Real Estate Index ETF - REAL ESTATE ETF | $4.1M | 0.1% | -0% | — |
| 144 | NETFLIX INC | $4.1M | 0.1% | +0% | 78.8 | |
| 145 | — | Vanguard Small-Cap Index ETF - SMALL CP ETF | $3.9M | 0.1% | -11% | — |
| 146 | KIMBERLY CLARK CORP | $3.7M | 0.1% | -4% | 58.7 | |
| 147 | FEDERAL REALTY INVESTMENT TRUST | $3.7M | 0.1% | +3% | 69.9 | |
| 148 | WEC ENERGY GROUP, INC. | $3.6M | 0.1% | -0% | 60.1 | |
| 149 | BRISTOL MYERS SQUIBB CO | $3.5M | 0.1% | -0% | 70.4 | |
| 150 | Evergy, Inc. | $3.5M | 0.1% | +0% | 53.2 |
New Positions (55)
Exited Positions (55)
Browse Top Institutional Investors
13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.
to search all 8,700+ institutional filers.
Available Analysis
13F Pro tracks comprehensive institutional data for FARMERS & MERCHANTS INVESTMENTS INC including:
Track FARMERS & MERCHANTS INVESTMENTS INC's Full Portfolio
See every holding, quarter-over-quarter changes, sector allocation, and accumulation patterns for FARMERS & MERCHANTS INVESTMENTS INC and 8,700+ other institutional investors.
Free tier includes full 13F search and fund profiles. Pro starts at $6.67/mo (billed annually).
AI-Powered Hedge Fund Analysis: FARMERS & MERCHANTS INVESTMENTS INC
13F Pro is an AI hedge fund tracker and stock research platform. For FARMERS & MERCHANTS INVESTMENTS INC (SEC CIK: 1259969), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in FARMERS & MERCHANTS INVESTMENTS INC's portfolio is scored on a 32-signal AI quality ranking (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.