Latest FARMERS & MERCHANTS INVESTMENTS INC Stock Portfolio

FARMERS & MERCHANTS INVESTMENTS INC Performance:

2026 Q1: -1.64%YTD: -1.64%2025: 14.03%

Performance for 2026 Q1 is -1.64%, and YTD is -1.64%, and 2025 is 14.03%.

About FARMERS & MERCHANTS INVESTMENTS INC and 13F Hedge Fund Stock Holdings

On 2026-04-23, the fund reported it's updated stock portfolio. In the 13F Holdings report, FARMERS & MERCHANTS INVESTMENTS INC reported an equity portfolio of $3.6 Billions as of 31 Mar, 2026.

The top stock holdings of FARMERS & MERCHANTS INVESTMENTS INC are IJR, VEA, NNI. The fund has invested 7% of it's portfolio in ISHARES S&P 500 INDEX FUND and 6.4% of portfolio in VANGUARD FTSE DEVELOPED MARKETS ETF.

The fund managers got completely rid off AMCOR PLC (AMCR), PIPER SANDLER COMPANIES (PIPR) and KLA CORPORATION (KLAC) stocks. They significantly reduced their stock positions in SYLVAMO CORP (SLVM), PHILLIPS EDISON & COMPANY INC (PECO) and VISTRA CORP (VST). FARMERS & MERCHANTS INVESTMENTS INC opened new stock positions in AMCOR PLC (AMCR), PIPER SANDLER COMPANIES (PIPR) and SPDR RUSSELL 1000 LOW VOLATILITY FOCUS ETF (BIL). The fund showed a lot of confidence in some stocks as they added substantially to WATERS CORP (WAT), AXOS FINANCIAL INC (AX) and ALLY FINANCIAL INC (ALLY).

FARMERS & MERCHANTS INVESTMENTS INC Annual Return Estimates Vs S&P 500

Our best estimate is that FARMERS & MERCHANTS INVESTMENTS INC made a return of -1.64% in the last quarter. In trailing 12 months, it's portfolio return was 14.45%.

Performance
S&P 500

New Buys

Ticker	$ Bought
amcor plc	1,307,380
piper sandler companies	401,122
spdr russell 1000 low volatility focus etf	312,884
versant media group inc	210,718
blackrock 2037 municipal target term trust etf	158,001
ishares core msci international developed markets etf	155,607
eaton vance municipal income 2028 term trust etf	128,520
astrazeneca plc	107,104

New stocks bought by FARMERS & MERCHANTS INVESTMENTS INC

Additions

Ticker	% Inc.
waters corp	2,452
axos financial inc	2,373
ally financial inc	474
ishares msci japan etf	438
constellation energy corp	228
global x us infrastructure development etf	181
bwx technologies inc	125
sandisk corp	111

Additions to existing portfolio by FARMERS & MERCHANTS INVESTMENTS INC

Reductions

Ticker	% Reduced
vistra corp	-80.81
bank of new york mellon corporation	-62.45
autodesk, inc.	-50.17
ishares morningstar mid core index fund	-50.1
gildan activewear inc	-48.12
m&t bank corporation	-44.2
unilever plc adr	-43.62
hewlett packard enterprise co	-30.95

FARMERS & MERCHANTS INVESTMENTS INC reduced stake in above stock

Sold off

None of the stocks were completely sold off by FARMERS & MERCHANTS INVESTMENTS INC

Sector Distribution

FARMERS & MERCHANTS INVESTMENTS INC has about 38.2% of it's holdings in Others sector.

Sector	%
Others	38.2
Technology	15.6
Financial Services	10.5
Industrials	8.2
Healthcare	6.8
Consumer Defensive	4.7
Consumer Cyclical	4.6
Communication Services	3.9
Energy	3.6
Basic Materials	1.8
Utilities	1.5

Market Cap. Distribution

FARMERS & MERCHANTS INVESTMENTS INC has about 56.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	38.2
MEGA-CAP	31.7
LARGE-CAP	24.6
MID-CAP	5.5

Stocks belong to which Index?

About 58.4% of the stocks held by FARMERS & MERCHANTS INVESTMENTS INC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	53.4
Others	41.6
RUSSELL 2000	5

Top 5 Winners (%)		%
ICHR	ichor holdings ltd	152.6 %
UCTT	ultra clean holdings inc	124.7 %
OXY	occidental petroleum corp warrant - expires 08/03/27	122.7 %
VAL	valaris ltd	94.5 %
CC	the chemours co	86.9 %

Top 5 Winners ($)		$
XOM	exxon mobil corp	13.1 M
CVX	chevron corp	6.0 M
JNJ	johnson & johnson	5.9 M
VEA	vanguard ftse developed markets etf	5.8 M
OXY	occidental petroleum corp	5.5 M

Top 5 Losers (%)		%
WRE	elme communities	-88.4 %
SNBR	sleep number corp	-79.0 %
ADMA	adma biologics inc	-50.6 %
KD	kyndryl holdings inc	-50.6 %
DOCS	doximity inc	-47.4 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-30.4 M
IJR	ishares s&p 500 index fund	-12.2 M
ORCL	oracle corp	-9.9 M
AAPL	apple inc	-7.8 M
AVGO	broadcom inc	-7.8 M

FARMERS & MERCHANTS INVESTMENTS INC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of FARMERS & MERCHANTS INVESTMENTS INC

FARMERS & MERCHANTS INVESTMENTS INC has 1758 stocks in it's portfolio. About 36.8% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. XOM was the most profitable stock for FARMERS & MERCHANTS INVESTMENTS INC last quarter.

Last Reported on: 23 Apr, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.08	440,311	111,747,000	added	2.82

AAXJ	ishares barclays mbs bond fund etf	0.38	145,744	13,838,400	added	16.16

AAXJ	ishares iboxx h/y corp bond fund etf	0.38	173,303	13,788,000	added	6.75

AAXJ	ishares msci eafe growth index etf	0.01	3,615	402,603	unchanged	0.00

AAXJ	ishares msci eafe value etf	0.00	2,212	164,462	unchanged	0.00

AAXJ	ishares national muni bond cl e	0.00	1,489	158,057	added	77.9

AAXJ	ishares morningstar mid core index fund	0.00	1,503	125,395	reduced	-50.1

AAXJ	ishares short-term national us municipals	0.00	945	100,643	new

AAXJ	ishares preferred & income securities etf	0.00	1,500	45,480	unchanged	0.00

ABBV	abbvie inc	0.49	82,168	17,870,700	added	1.74

ABNB	airbnb inc	0.00	280	35,358	reduced	-0.36

ABT	abbott laboratories	0.50	177,525	18,226,500	added	2.92

ACES	alps o'shares u.s. small-cap quality dividend etf	0.00	2,821	123,391	unchanged	0.00

ACN	accenture plc	0.00	952	188,772	reduced	-6.02

ACWF	ishares 0-5 yr inv grd corp bond etf	1.35	970,988	49,025,200	added	0.28

ADBE	adobe inc	0.00	398	96,746	added	5.29

ADI	analog devices, inc.	0.00	389	123,756	added	9.58

ADM	archer daniels midland co	0.00	463	33,655	reduced	-17.03

ADP	automatic data processing	0.26	46,136	9,373,910	reduced	-0.99

ADSK	autodesk, inc.	0.00	149	35,671	reduced	-50.17