Filed: 7/20/2026ACC: 0001140361-26-028983
📋 What this filing means
FARMERS & MERCHANTS INVESTMENTS INC filed this quarterly 13F‑HR report disclosing 1760 equity positions with a total reported market value of $4.13B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
1760
Positions
$4.13B
Total AUM (reported)
29.24M
Total Shares
Allocation by class
COM$2.02B48.9%
CORE S&P500 ETF$292.51M7.1%
CL A$288.01M7.0%
VAN FTSE DEV MKT$267.60M6.5%
CORE S&P SCP ETF$165.60M4.0%
CORE S&P MCP ETF$149.51M3.6%
FTSE EMR MKT ETF$79.19M1.9%
Portfolio Concentration
Top 3$725.72M17.6%
4–10$810.78M19.6%
11–25$769.97M18.7%
Rest$1.82B44.1%
Top 3 weight
17.6%
Top 10 weight
37.2%
Voting Authority Distribution
Total shares with voting rights: 29.24M
Sole
Full voting authority
29.24M
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)
Sole1760
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings1760
Rows:
iShares S&P 500 Index Fund
SOLEShares390.59K
TypeSH
Market value$292.51M
7.09%
Sole
390.59K
Shared
0.00
None
0.00
Vanguard FTSE Developed Markets ETF
SOLEShares3.76M
TypeSH
Market value$267.60M
6.48%
Sole
3.76M
Shared
0.00
None
0.00
iShares S&P Small Cap 600 Index ETF
SOLEShares1.12M
TypeSH
Market value$165.60M
4.01%
Sole
1.12M
Shared
0.00
None
0.00
Nelnet, Inc.
SOLEShares1.18M
TypeSH
Market value$157.24M
3.81%
Sole
1.18M
Shared
0.00
None
0.00
iShares S&P Midcap 400
SOLEShares1.94M
TypeSH
Market value$149.51M
3.62%
Sole
1.94M
Shared
0.00
None
0.00
Apple Inc
SOLEShares447.31K
TypeSH
Market value$129.43M
3.14%
Sole
447.31K
Shared
0.00
None
0.00
Advanced Micro Devices Inc
SOLEShares193.52K
TypeSH
Market value$112.42M
2.72%
Sole
193.52K
Shared
0.00
None
0.00
Microsoft Corp
SOLEShares282.62K
TypeSH
Market value$105.42M
2.55%
Sole
282.62K
Shared
0.00
None
0.00
Vanguard FTSE Emerging Markets ETF
SOLEShares1.33M
TypeSH
Market value$79.19M
1.92%
Sole
1.33M
Shared
0.00
None
0.00
Broadcom Inc
SOLEShares205.31K
TypeSH
Market value$77.56M
1.88%
Sole
205.31K
Shared
0.00
None
0.00
Alphabet Inc Class A
SOLEShares183.72K
TypeSH
Market value$65.66M
1.59%
Sole
183.72K
Shared
0.00
None
0.00
Amphenol Corp Cl A
SOLEShares369.20K
TypeSH
Market value$65.10M
1.58%
Sole
369.20K
Shared
0.00
None
0.00
Wesco International Inc
SOLEShares174.06K
TypeSH
Market value$60.12M
1.46%
Sole
174.06K
Shared
0.00
None
0.00
Vanguard Total Bond Market ETF
SOLEShares813.35K
TypeSH
Market value$59.71M
1.45%
Sole
813.35K
Shared
0.00
None
0.00
Berkshire Hathaway Inc Del Cl B New
SOLEShares114.16K
TypeSH
Market value$57.12M
1.38%
Sole
114.16K
Shared
0.00
None
0.00
Alphabet Inc Class C
SOLEShares152.95K
TypeSH
Market value$54.04M
1.31%
Sole
152.95K
Shared
0.00
None
0.00
Eli Lilly & Co
SOLEShares44.40K
TypeSH
Market value$53.25M
1.29%
Sole
44.40K
Shared
0.00
None
0.00
JPMorgan Chase & Co.
SOLEShares154K
TypeSH
Market value$50.41M
1.22%
Sole
154K
Shared
0.00
None
0.00
iShares 0-5 Yr Inv Grd Corp Bond ETF
SOLEShares982.35K
TypeSH
Market value$49.48M
1.20%
Sole
982.35K
Shared
0.00
None
0.00
Walmart, Inc
SOLEShares405.09K
TypeSH
Market value$45.88M
1.11%
Sole
405.09K
Shared
0.00
None
0.00
Taiwan Semiconductor Manufacturing Company Ltd.
SOLEShares95.45K
TypeSH
Market value$45.59M
1.10%
Sole
95.45K
Shared
0.00
None
0.00
Dell Technologies Inc Cl C
SOLEShares98.37K
TypeSH
Market value$42.44M
1.03%
Sole
98.37K
Shared
0.00
None
0.00
Amazon.com, Inc.
SOLEShares171.38K
TypeSH
Market value$40.85M
0.99%
Sole
171.38K
Shared
0.00
None
0.00
Johnson & Johnson
SOLEShares159.38K
TypeSH
Market value$40.48M
0.98%
Sole
159.38K
Shared
0.00
None
0.00
NVIDIA Corporation
SOLEShares199.16K
TypeSH
Market value$39.85M
0.97%
Sole
199.16K
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 | 390.59K | SH | $292.51M 7.09% | 390.59K | 0.00 | 0.00 |
Vanguard FTSE Developed Markets ETFSOLE | VAN FTSE DEV MKT | 3.76M | SH | $267.60M 6.48% | 3.76M | 0.00 | 0.00 |
iShares S&P Small Cap 600 Index ETFSOLE | CORE S&P SCP ETF | 1.12M | SH | $165.60M 4.01% | 1.12M | 0.00 | 0.00 |
Nelnet, Inc.SOLE | CL A | 1.18M | SH | $157.24M 3.81% | 1.18M | 0.00 | 0.00 |
iShares S&P Midcap 400SOLE | CORE S&P MCP ETF | 1.94M | SH | $149.51M 3.62% | 1.94M | 0.00 | 0.00 |
Apple IncSOLE | COM | 447.31K | SH | $129.43M 3.14% | 447.31K | 0.00 | 0.00 |
Advanced Micro Devices IncSOLE | COM | 193.52K | SH | $112.42M 2.72% | 193.52K | 0.00 | 0.00 |
Microsoft CorpSOLE | COM | 282.62K | SH | $105.42M 2.55% | 282.62K | 0.00 | 0.00 |
Vanguard FTSE Emerging Markets ETFSOLE | FTSE EMR MKT ETF | 1.33M | SH | $79.19M 1.92% | 1.33M | 0.00 | 0.00 |
Broadcom IncSOLE | COM | 205.31K | SH | $77.56M 1.88% | 205.31K | 0.00 | 0.00 |
Alphabet Inc Class ASOLE | CAP STK CL A | 183.72K | SH | $65.66M 1.59% | 183.72K | 0.00 | 0.00 |
Amphenol Corp Cl ASOLE | CL A | 369.20K | SH | $65.10M 1.58% | 369.20K | 0.00 | 0.00 |
Wesco International IncSOLE | COM | 174.06K | SH | $60.12M 1.46% | 174.06K | 0.00 | 0.00 |
Vanguard Total Bond Market ETFSOLE | TOTAL BND MRKT | 813.35K | SH | $59.71M 1.45% | 813.35K | 0.00 | 0.00 |
Berkshire Hathaway Inc Del Cl B NewSOLE | CL B NEW | 114.16K | SH | $57.12M 1.38% | 114.16K | 0.00 | 0.00 |
Alphabet Inc Class CSOLE | CAP STK CL C | 152.95K | SH | $54.04M 1.31% | 152.95K | 0.00 | 0.00 |
Eli Lilly & CoSOLE | COM | 44.40K | SH | $53.25M 1.29% | 44.40K | 0.00 | 0.00 |
JPMorgan Chase & Co.SOLE | COM | 154K | SH | $50.41M 1.22% | 154K | 0.00 | 0.00 |
iShares 0-5 Yr Inv Grd Corp Bond ETFSOLE | 0-5YR INVT GR CP | 982.35K | SH | $49.48M 1.20% | 982.35K | 0.00 | 0.00 |
Walmart, IncSOLE | COM | 405.09K | SH | $45.88M 1.11% | 405.09K | 0.00 | 0.00 |
Taiwan Semiconductor Manufacturing Company Ltd.SOLE | SPONSORED ADS | 95.45K | SH | $45.59M 1.10% | 95.45K | 0.00 | 0.00 |
Dell Technologies Inc Cl CSOLE | CL C | 98.37K | SH | $42.44M 1.03% | 98.37K | 0.00 | 0.00 |
Amazon.com, Inc.SOLE | COM | 171.38K | SH | $40.85M 0.99% | 171.38K | 0.00 | 0.00 |
Johnson & JohnsonSOLE | COM | 159.38K | SH | $40.48M 0.98% | 159.38K | 0.00 | 0.00 |
NVIDIA CorporationSOLE | COM | 199.16K | SH | $39.85M 0.97% | 199.16K | 0.00 | 0.00 |
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