Filed: 8/1/2023ACC: 0001376474-23-000386
📋 What this filing means
FARMERS & MERCHANTS INVESTMENTS INC filed this quarterly 13F‑HR report disclosing 1763 equity positions with a total reported market value of $2.65B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
1763
Positions
$2.65B
Total AUM (reported)
26.07M
Total Shares
Allocation by class
COM$1.44B54.2%
CL A$243.43M9.2%
CORE S&P500 ETF$147.16M5.5%
VAN FTSE DEV MKT$125.59M4.7%
CORE S&P SCP ETF$83.72M3.2%
CORE S&P MCP ETF$70.12M2.6%
FTSE EMR MKT ETF$55.13M2.1%
Portfolio Concentration
Top 3$404.94M15.3%
4–10$492.86M18.6%
11–25$428.63M16.2%
Rest$1.33B50.0%
Top 3 weight
15.3%
Top 10 weight
33.9%
Voting Authority Distribution
Total shares with voting rights: 26.07M
Sole
Full voting authority
26.07M
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)
Sole1763
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings1763
Rows:
iShares S&P 500 Index Fund
SOLEShares330.17K
TypeSH
Market value$147.16M
5.55%
Sole
330.17K
Shared
0.00
None
0.00
Nelnet, Inc.
SOLEShares1.37M
TypeSH
Market value$132.19M
4.98%
Sole
1.37M
Shared
0.00
None
0.00
Vanguard FTSE Developed Markets ETF
SOLEShares2.72M
TypeSH
Market value$125.59M
4.74%
Sole
2.72M
Shared
0.00
None
0.00
Apple Inc
SOLEShares475.20K
TypeSH
Market value$92.17M
3.48%
Sole
475.20K
Shared
0.00
None
0.00
Microsoft Corp
SOLEShares269.93K
TypeSH
Market value$91.92M
3.47%
Sole
269.93K
Shared
0.00
None
0.00
iShares S&P Small Cap 600 Index ETF
SOLEShares840.16K
TypeSH
Market value$83.72M
3.16%
Sole
840.16K
Shared
0.00
None
0.00
iShares S&P Midcap 400
SOLEShares268.16K
TypeSH
Market value$70.12M
2.64%
Sole
268.16K
Shared
0.00
None
0.00
Vanguard FTSE Emerging Markets ETF
SOLEShares1.36M
TypeSH
Market value$55.13M
2.08%
Sole
1.36M
Shared
0.00
None
0.00
iShares 0-5 Yr Inv Grd Corp Bond ETF
SOLEShares1.11M
TypeSH
Market value$53.70M
2.03%
Sole
1.11M
Shared
0.00
None
0.00
Berkshire Hathaway Inc Del Cl A
SOLEShares89.00
TypeSH
Market value$46.09M
1.74%
Sole
89.00
Shared
0.00
None
0.00
Lowe's Companies, Inc
SOLEShares158.89K
TypeSH
Market value$35.86M
1.35%
Sole
158.89K
Shared
0.00
None
0.00
Berkshire Hathaway Inc Del Cl B New
SOLEShares103.72K
TypeSH
Market value$35.37M
1.33%
Sole
103.72K
Shared
0.00
None
0.00
Wesco International Inc
SOLEShares191.09K
TypeSH
Market value$34.22M
1.29%
Sole
191.09K
Shared
0.00
None
0.00
Vanguard Total Bond Market ETF
SOLEShares464.77K
TypeSH
Market value$33.78M
1.27%
Sole
464.77K
Shared
0.00
None
0.00
PepsiCo Inc
SOLEShares168.16K
TypeSH
Market value$31.15M
1.17%
Sole
168.16K
Shared
0.00
None
0.00
UnitedHealth Group Inc
SOLEShares63.73K
TypeSH
Market value$30.63M
1.16%
Sole
63.73K
Shared
0.00
None
0.00
Oracle Corp
SOLEShares233.84K
TypeSH
Market value$27.85M
1.05%
Sole
233.84K
Shared
0.00
None
0.00
Exxon Mobil Corp
SOLEShares258.82K
TypeSH
Market value$27.76M
1.05%
Sole
258.82K
Shared
0.00
None
0.00
Johnson & Johnson
SOLEShares164.24K
TypeSH
Market value$27.18M
1.03%
Sole
164.24K
Shared
0.00
None
0.00
JPMorgan Chase & Co.
SOLEShares175.07K
TypeSH
Market value$25.46M
0.96%
Sole
175.07K
Shared
0.00
None
0.00
Lilly Eli & Co
SOLEShares54.24K
TypeSH
Market value$25.44M
0.96%
Sole
54.24K
Shared
0.00
None
0.00
Walmart, Inc
SOLEShares161.66K
TypeSH
Market value$25.41M
0.96%
Sole
161.66K
Shared
0.00
None
0.00
Texas Instruments Inc
SOLEShares128.58K
TypeSH
Market value$23.15M
0.87%
Sole
128.58K
Shared
0.00
None
0.00
Procter & Gamble Co
SOLEShares151.58K
TypeSH
Market value$23.00M
0.87%
Sole
151.58K
Shared
0.00
None
0.00
Air Products & Chemicals Inc
SOLEShares74.68K
TypeSH
Market value$22.37M
0.84%
Sole
74.68K
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 | 330.17K | SH | $147.16M 5.55% | 330.17K | 0.00 | 0.00 |
Nelnet, Inc.SOLE | CL A | 1.37M | SH | $132.19M 4.98% | 1.37M | 0.00 | 0.00 |
Vanguard FTSE Developed Markets ETFSOLE | VAN FTSE DEV MKT | 2.72M | SH | $125.59M 4.74% | 2.72M | 0.00 | 0.00 |
Apple IncSOLE | COM | 475.20K | SH | $92.17M 3.48% | 475.20K | 0.00 | 0.00 |
Microsoft CorpSOLE | COM | 269.93K | SH | $91.92M 3.47% | 269.93K | 0.00 | 0.00 |
iShares S&P Small Cap 600 Index ETFSOLE | CORE S&P SCP ETF | 840.16K | SH | $83.72M 3.16% | 840.16K | 0.00 | 0.00 |
iShares S&P Midcap 400SOLE | CORE S&P MCP ETF | 268.16K | SH | $70.12M 2.64% | 268.16K | 0.00 | 0.00 |
Vanguard FTSE Emerging Markets ETFSOLE | FTSE EMR MKT ETF | 1.36M | SH | $55.13M 2.08% | 1.36M | 0.00 | 0.00 |
iShares 0-5 Yr Inv Grd Corp Bond ETFSOLE | 0-5YR INVT GR CP | 1.11M | SH | $53.70M 2.03% | 1.11M | 0.00 | 0.00 |
Berkshire Hathaway Inc Del Cl ASOLE | CL A | 89.00 | SH | $46.09M 1.74% | 89.00 | 0.00 | 0.00 |
Lowe's Companies, IncSOLE | COM | 158.89K | SH | $35.86M 1.35% | 158.89K | 0.00 | 0.00 |
Berkshire Hathaway Inc Del Cl B NewSOLE | CL B NEW | 103.72K | SH | $35.37M 1.33% | 103.72K | 0.00 | 0.00 |
Wesco International IncSOLE | COM | 191.09K | SH | $34.22M 1.29% | 191.09K | 0.00 | 0.00 |
Vanguard Total Bond Market ETFSOLE | TOTAL BND MRKT | 464.77K | SH | $33.78M 1.27% | 464.77K | 0.00 | 0.00 |
PepsiCo IncSOLE | COM | 168.16K | SH | $31.15M 1.17% | 168.16K | 0.00 | 0.00 |
UnitedHealth Group IncSOLE | COM | 63.73K | SH | $30.63M 1.16% | 63.73K | 0.00 | 0.00 |
Oracle CorpSOLE | COM | 233.84K | SH | $27.85M 1.05% | 233.84K | 0.00 | 0.00 |
Exxon Mobil CorpSOLE | COM | 258.82K | SH | $27.76M 1.05% | 258.82K | 0.00 | 0.00 |
Johnson & JohnsonSOLE | COM | 164.24K | SH | $27.18M 1.03% | 164.24K | 0.00 | 0.00 |
JPMorgan Chase & Co.SOLE | COM | 175.07K | SH | $25.46M 0.96% | 175.07K | 0.00 | 0.00 |
Lilly Eli & CoSOLE | COM | 54.24K | SH | $25.44M 0.96% | 54.24K | 0.00 | 0.00 |
Walmart, IncSOLE | COM | 161.66K | SH | $25.41M 0.96% | 161.66K | 0.00 | 0.00 |
Texas Instruments IncSOLE | COM | 128.58K | SH | $23.15M 0.87% | 128.58K | 0.00 | 0.00 |
Procter & Gamble CoSOLE | COM | 151.58K | SH | $23.00M 0.87% | 151.58K | 0.00 | 0.00 |
Air Products & Chemicals IncSOLE | COM | 74.68K | SH | $22.37M 0.84% | 74.68K | 0.00 | 0.00 |
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