Filed: 2/2/2023ACC: 0000870156-23-000012
📋 What this filing means
FARMERS & MERCHANTS INVESTMENTS INC filed this quarterly 13F‑HR report disclosing 1767 equity positions with a total reported market value of $2.43B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
1767
Positions
$2.43B
Total AUM (reported)
26.34M
Total Shares
Allocation by class
COM$1.32B54.3%
CL A$228.66M9.4%
CORE S&P500 ETF$122.27M5.0%
VAN FTSE DEV MKT$115.51M4.7%
CORE S&P SCP ETF$73.36M3.0%
CORE S&P MCP ETF$57.59M2.4%
0-5YR INVT GR CP$53.61M2.2%
Portfolio Concentration
Top 3$362.09M14.9%
4–10$404.76M16.6%
11–25$389.36M16.0%
Rest$1.28B52.5%
Top 3 weight
14.9%
Top 10 weight
31.5%
Voting Authority Distribution
Total shares with voting rights: 26.34M
Sole
Full voting authority
26.34M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole1767
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings1767
Rows:
Nelnet, Inc.
SOLEShares1.37M
TypeSH
Market value$124.32M
5.11%
Sole
1.37M
Shared
0.00
None
0.00
iShares S&P 500 Index Fund
SOLEShares318.24K
TypeSH
Market value$122.27M
5.02%
Sole
318.24K
Shared
0.00
None
0.00
Vanguard FTSE Developed Markets ETF
SOLEShares2.75M
TypeSH
Market value$115.51M
4.75%
Sole
2.75M
Shared
0.00
None
0.00
iShares S&P Small Cap 600 Index ETF
SOLEShares775.20K
TypeSH
Market value$73.36M
3.01%
Sole
775.20K
Shared
0.00
None
0.00
Microsoft Corp
SOLEShares267.96K
TypeSH
Market value$64.26M
2.64%
Sole
267.96K
Shared
0.00
None
0.00
Apple Inc
SOLEShares473.53K
TypeSH
Market value$61.53M
2.53%
Sole
473.53K
Shared
0.00
None
0.00
iShares S&P Midcap 400
SOLEShares238.09K
TypeSH
Market value$57.59M
2.37%
Sole
238.09K
Shared
0.00
None
0.00
iShares 0-5 Yr Inv Grd Corp Bond ETF
SOLEShares1.12M
TypeSH
Market value$53.61M
2.20%
Sole
1.12M
Shared
0.00
None
0.00
Vanguard FTSE Emerging Markets ETF
SOLEShares1.26M
TypeSH
Market value$48.93M
2.01%
Sole
1.26M
Shared
0.00
None
0.00
Berkshire Hathaway Inc Del Cl A
SOLEShares97.00
TypeSH
Market value$45.46M
1.87%
Sole
97.00
Shared
0.00
None
0.00
UnitedHealth Group Inc
SOLEShares64.63K
TypeSH
Market value$34.27M
1.41%
Sole
64.63K
Shared
0.00
None
0.00
Berkshire Hathaway Inc Del Cl B New
SOLEShares102.88K
TypeSH
Market value$31.78M
1.31%
Sole
102.88K
Shared
0.00
None
0.00
Lowe's Companies, Inc
SOLEShares152.80K
TypeSH
Market value$30.44M
1.25%
Sole
152.80K
Shared
0.00
None
0.00
Exxon Mobil Corp
SOLEShares255.90K
TypeSH
Market value$28.23M
1.16%
Sole
255.90K
Shared
0.00
None
0.00
PepsiCo Inc
SOLEShares154.22K
TypeSH
Market value$27.86M
1.14%
Sole
154.22K
Shared
0.00
None
0.00
Vanguard Total Bond Market ETF
SOLEShares385.86K
TypeSH
Market value$27.72M
1.14%
Sole
385.86K
Shared
0.00
None
0.00
Johnson & Johnson
SOLEShares156.32K
TypeSH
Market value$27.61M
1.13%
Sole
156.32K
Shared
0.00
None
0.00
CVS Health Corporation
SOLEShares287.73K
TypeSH
Market value$26.81M
1.10%
Sole
287.73K
Shared
0.00
None
0.00
Wesco International Inc
SOLEShares187.43K
TypeSH
Market value$23.47M
0.96%
Sole
187.43K
Shared
0.00
None
0.00
JPMorgan Chase & Co.
SOLEShares173.38K
TypeSH
Market value$23.25M
0.96%
Sole
173.38K
Shared
0.00
None
0.00
Air Products & Chemicals Inc
SOLEShares71.43K
TypeSH
Market value$22.02M
0.90%
Sole
71.43K
Shared
0.00
None
0.00
Walmart, Inc
SOLEShares155.13K
TypeSH
Market value$22.00M
0.90%
Sole
155.13K
Shared
0.00
None
0.00
Procter & Gamble Co
SOLEShares144.38K
TypeSH
Market value$21.88M
0.90%
Sole
144.38K
Shared
0.00
None
0.00
Lilly Eli & Co
SOLEShares57.74K
TypeSH
Market value$21.13M
0.87%
Sole
57.74K
Shared
0.00
None
0.00
Chevron Corp
SOLEShares116.41K
TypeSH
Market value$20.89M
0.86%
Sole
116.41K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Nelnet, Inc.SOLE | CL A | 1.37M | SH | $124.32M 5.11% | 1.37M | 0.00 | 0.00 |
iShares S&P 500 Index FundSOLE | CORE S&P500 ETF | 318.24K | SH | $122.27M 5.02% | 318.24K | 0.00 | 0.00 |
Vanguard FTSE Developed Markets ETFSOLE | VAN FTSE DEV MKT | 2.75M | SH | $115.51M 4.75% | 2.75M | 0.00 | 0.00 |
iShares S&P Small Cap 600 Index ETFSOLE | CORE S&P SCP ETF | 775.20K | SH | $73.36M 3.01% | 775.20K | 0.00 | 0.00 |
Microsoft CorpSOLE | COM | 267.96K | SH | $64.26M 2.64% | 267.96K | 0.00 | 0.00 |
Apple IncSOLE | COM | 473.53K | SH | $61.53M 2.53% | 473.53K | 0.00 | 0.00 |
iShares S&P Midcap 400SOLE | CORE S&P MCP ETF | 238.09K | SH | $57.59M 2.37% | 238.09K | 0.00 | 0.00 |
iShares 0-5 Yr Inv Grd Corp Bond ETFSOLE | 0-5YR INVT GR CP | 1.12M | SH | $53.61M 2.20% | 1.12M | 0.00 | 0.00 |
Vanguard FTSE Emerging Markets ETFSOLE | FTSE EMR MKT ETF | 1.26M | SH | $48.93M 2.01% | 1.26M | 0.00 | 0.00 |
Berkshire Hathaway Inc Del Cl ASOLE | CL A | 97.00 | SH | $45.46M 1.87% | 97.00 | 0.00 | 0.00 |
UnitedHealth Group IncSOLE | COM | 64.63K | SH | $34.27M 1.41% | 64.63K | 0.00 | 0.00 |
Berkshire Hathaway Inc Del Cl B NewSOLE | CL B NEW | 102.88K | SH | $31.78M 1.31% | 102.88K | 0.00 | 0.00 |
Lowe's Companies, IncSOLE | COM | 152.80K | SH | $30.44M 1.25% | 152.80K | 0.00 | 0.00 |
Exxon Mobil CorpSOLE | COM | 255.90K | SH | $28.23M 1.16% | 255.90K | 0.00 | 0.00 |
PepsiCo IncSOLE | COM | 154.22K | SH | $27.86M 1.14% | 154.22K | 0.00 | 0.00 |
Vanguard Total Bond Market ETFSOLE | TOTAL BND MRKT | 385.86K | SH | $27.72M 1.14% | 385.86K | 0.00 | 0.00 |
Johnson & JohnsonSOLE | COM | 156.32K | SH | $27.61M 1.13% | 156.32K | 0.00 | 0.00 |
CVS Health CorporationSOLE | COM | 287.73K | SH | $26.81M 1.10% | 287.73K | 0.00 | 0.00 |
Wesco International IncSOLE | COM | 187.43K | SH | $23.47M 0.96% | 187.43K | 0.00 | 0.00 |
JPMorgan Chase & Co.SOLE | COM | 173.38K | SH | $23.25M 0.96% | 173.38K | 0.00 | 0.00 |
Air Products & Chemicals IncSOLE | COM | 71.43K | SH | $22.02M 0.90% | 71.43K | 0.00 | 0.00 |
Walmart, IncSOLE | COM | 155.13K | SH | $22.00M 0.90% | 155.13K | 0.00 | 0.00 |
Procter & Gamble CoSOLE | COM | 144.38K | SH | $21.88M 0.90% | 144.38K | 0.00 | 0.00 |
Lilly Eli & CoSOLE | COM | 57.74K | SH | $21.13M 0.87% | 57.74K | 0.00 | 0.00 |
Chevron CorpSOLE | COM | 116.41K | SH | $20.89M 0.86% | 116.41K | 0.00 | 0.00 |
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