Filed: 10/25/2023ACC: 0001140361-23-049466
📋 What this filing means
FARMERS & MERCHANTS INVESTMENTS INC filed this quarterly 13F‑HR report disclosing 1755 equity positions with a total reported market value of $2.55B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
1755
Positions
$2.55B
Total AUM (reported)
26.08M
Total Shares
Allocation by class
COM$1.36B53.2%
CL A$222.05M8.7%
CORE S&P500 ETF$156.17M6.1%
VAN FTSE DEV MKT$123.11M4.8%
CORE S&P SCP ETF$84.49M3.3%
CORE S&P MCP ETF$70.80M2.8%
FTSE EMR MKT ETF$55.94M2.2%
Portfolio Concentration
Top 3$401.27M15.8%
4–10$460.55M18.1%
11–25$412.56M16.2%
Rest$1.27B50.0%
Top 3 weight
15.8%
Top 10 weight
33.8%
Voting Authority Distribution
Total shares with voting rights: 26.08M
Sole
Full voting authority
26.08M
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)
Sole1755
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings1755
Rows:
iShares S&P 500 Index Fund
SOLEShares363.66K
TypeSH
Market value$156.17M
6.13%
Sole
363.66K
Shared
0.00
None
0.00
Vanguard FTSE Developed Markets ETF
SOLEShares2.82M
TypeSH
Market value$123.11M
4.83%
Sole
2.82M
Shared
0.00
None
0.00
Nelnet, Inc.
SOLEShares1.37M
TypeSH
Market value$121.99M
4.79%
Sole
1.37M
Shared
0.00
None
0.00
iShares S&P Small Cap 600 Index ETF
SOLEShares895.72K
TypeSH
Market value$84.49M
3.32%
Sole
895.72K
Shared
0.00
None
0.00
Microsoft Corp
SOLEShares267.53K
TypeSH
Market value$84.47M
3.32%
Sole
267.53K
Shared
0.00
None
0.00
Apple Inc
SOLEShares463.55K
TypeSH
Market value$79.36M
3.12%
Sole
463.55K
Shared
0.00
None
0.00
iShares S&P Midcap 400
SOLEShares283.95K
TypeSH
Market value$70.80M
2.78%
Sole
283.95K
Shared
0.00
None
0.00
Vanguard FTSE Emerging Markets ETF
SOLEShares1.43M
TypeSH
Market value$55.94M
2.20%
Sole
1.43M
Shared
0.00
None
0.00
iShares 0-5 Yr Inv Grd Corp Bond ETF
SOLEShares1.03M
TypeSH
Market value$49.61M
1.95%
Sole
1.03M
Shared
0.00
None
0.00
Berkshire Hathaway Inc Del Cl B New
SOLEShares102.38K
TypeSH
Market value$35.86M
1.41%
Sole
102.38K
Shared
0.00
None
0.00
Berkshire Hathaway Inc Del Cl A
SOLEShares66.00
TypeSH
Market value$35.08M
1.38%
Sole
66.00
Shared
0.00
None
0.00
Vanguard Total Bond Market ETF
SOLEShares495.76K
TypeSH
Market value$34.59M
1.36%
Sole
495.76K
Shared
0.00
None
0.00
UnitedHealth Group Inc
SOLEShares63.57K
TypeSH
Market value$32.05M
1.26%
Sole
63.57K
Shared
0.00
None
0.00
Exxon Mobil Corp
SOLEShares270.61K
TypeSH
Market value$31.82M
1.25%
Sole
270.61K
Shared
0.00
None
0.00
Lowe's Companies, Inc
SOLEShares140.54K
TypeSH
Market value$29.21M
1.15%
Sole
140.54K
Shared
0.00
None
0.00
Eli Lilly & Co
SOLEShares53.86K
TypeSH
Market value$28.93M
1.14%
Sole
53.86K
Shared
0.00
None
0.00
PepsiCo Inc
SOLEShares168.66K
TypeSH
Market value$28.58M
1.12%
Sole
168.66K
Shared
0.00
None
0.00
Wesco International Inc
SOLEShares189.97K
TypeSH
Market value$27.32M
1.07%
Sole
189.97K
Shared
0.00
None
0.00
Johnson & Johnson
SOLEShares166.81K
TypeSH
Market value$25.98M
1.02%
Sole
166.81K
Shared
0.00
None
0.00
Walmart, Inc
SOLEShares158.48K
TypeSH
Market value$25.35M
1.00%
Sole
158.48K
Shared
0.00
None
0.00
Oracle Corp
SOLEShares230.72K
TypeSH
Market value$24.44M
0.96%
Sole
230.72K
Shared
0.00
None
0.00
JPMorgan Chase & Co.
SOLEShares166.44K
TypeSH
Market value$24.14M
0.95%
Sole
166.44K
Shared
0.00
None
0.00
CVS Health Corporation
SOLEShares316.40K
TypeSH
Market value$22.09M
0.87%
Sole
316.40K
Shared
0.00
None
0.00
Procter & Gamble Co
SOLEShares147.46K
TypeSH
Market value$21.51M
0.84%
Sole
147.46K
Shared
0.00
None
0.00
Chevron Corp
SOLEShares127.42K
TypeSH
Market value$21.48M
0.84%
Sole
127.42K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
iShares S&P 500 Index FundSOLE | CORE S&P500 ETF | 363.66K | SH | $156.17M 6.13% | 363.66K | 0.00 | 0.00 |
Vanguard FTSE Developed Markets ETFSOLE | VAN FTSE DEV MKT | 2.82M | SH | $123.11M 4.83% | 2.82M | 0.00 | 0.00 |
Nelnet, Inc.SOLE | CL A | 1.37M | SH | $121.99M 4.79% | 1.37M | 0.00 | 0.00 |
iShares S&P Small Cap 600 Index ETFSOLE | CORE S&P SCP ETF | 895.72K | SH | $84.49M 3.32% | 895.72K | 0.00 | 0.00 |
Microsoft CorpSOLE | COM | 267.53K | SH | $84.47M 3.32% | 267.53K | 0.00 | 0.00 |
Apple IncSOLE | COM | 463.55K | SH | $79.36M 3.12% | 463.55K | 0.00 | 0.00 |
iShares S&P Midcap 400SOLE | CORE S&P MCP ETF | 283.95K | SH | $70.80M 2.78% | 283.95K | 0.00 | 0.00 |
Vanguard FTSE Emerging Markets ETFSOLE | FTSE EMR MKT ETF | 1.43M | SH | $55.94M 2.20% | 1.43M | 0.00 | 0.00 |
iShares 0-5 Yr Inv Grd Corp Bond ETFSOLE | 0-5YR INVT GR CP | 1.03M | SH | $49.61M 1.95% | 1.03M | 0.00 | 0.00 |
Berkshire Hathaway Inc Del Cl B NewSOLE | CL B NEW | 102.38K | SH | $35.86M 1.41% | 102.38K | 0.00 | 0.00 |
Berkshire Hathaway Inc Del Cl ASOLE | CL A | 66.00 | SH | $35.08M 1.38% | 66.00 | 0.00 | 0.00 |
Vanguard Total Bond Market ETFSOLE | TOTAL BND MRKT | 495.76K | SH | $34.59M 1.36% | 495.76K | 0.00 | 0.00 |
UnitedHealth Group IncSOLE | COM | 63.57K | SH | $32.05M 1.26% | 63.57K | 0.00 | 0.00 |
Exxon Mobil CorpSOLE | COM | 270.61K | SH | $31.82M 1.25% | 270.61K | 0.00 | 0.00 |
Lowe's Companies, IncSOLE | COM | 140.54K | SH | $29.21M 1.15% | 140.54K | 0.00 | 0.00 |
Eli Lilly & CoSOLE | COM | 53.86K | SH | $28.93M 1.14% | 53.86K | 0.00 | 0.00 |
PepsiCo IncSOLE | COM | 168.66K | SH | $28.58M 1.12% | 168.66K | 0.00 | 0.00 |
Wesco International IncSOLE | COM | 189.97K | SH | $27.32M 1.07% | 189.97K | 0.00 | 0.00 |
Johnson & JohnsonSOLE | COM | 166.81K | SH | $25.98M 1.02% | 166.81K | 0.00 | 0.00 |
Walmart, IncSOLE | COM | 158.48K | SH | $25.35M 1.00% | 158.48K | 0.00 | 0.00 |
Oracle CorpSOLE | COM | 230.72K | SH | $24.44M 0.96% | 230.72K | 0.00 | 0.00 |
JPMorgan Chase & Co.SOLE | COM | 166.44K | SH | $24.14M 0.95% | 166.44K | 0.00 | 0.00 |
CVS Health CorporationSOLE | COM | 316.40K | SH | $22.09M 0.87% | 316.40K | 0.00 | 0.00 |
Procter & Gamble CoSOLE | COM | 147.46K | SH | $21.51M 0.84% | 147.46K | 0.00 | 0.00 |
Chevron CorpSOLE | COM | 127.42K | SH | $21.48M 0.84% | 127.42K | 0.00 | 0.00 |
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