Latest FARMERS & MERCHANTS INVESTMENTS INC Stock Portfolio

FARMERS & MERCHANTS INVESTMENTS INC Performance:

2025 Q4: 1.29%YTD: 12.85%2024: 4.12%

Performance for 2025 Q4 is 1.29%, and YTD is 12.85%, and 2024 is 4.12%.

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

On 2026-02-03, 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 Dec, 2025.

The top stock holdings of FARMERS & MERCHANTS INVESTMENTS INC are IJR, VEA, NNI. The fund has invested 7.2% of it's portfolio in ISHARES S&P 500 INDEX FUND and 6.1% of portfolio in VANGUARD FTSE DEVELOPED MARKETS ETF.

The fund managers got completely rid off UNILEVER PLC ADR, HANESBRANDS INC (HBI) and THE INTERPUBLIC GROUP OF COMPANIES, INC. (IPG) stocks. They significantly reduced their stock positions in VALMONT INDUSTRIES, INC. (VMI), ISHARES IBOXX INVESTMENT GRADE CORP BOND FUND (IJR) and OGE ENERGY CORP (OGE). FARMERS & MERCHANTS INVESTMENTS INC opened new stock positions in SOLSTICE ADVANCED MATERIALS INC, CARVANA CO (CVNA) and RIGETTI COMPUTING INC (RGTI). The fund showed a lot of confidence in some stocks as they added substantially to FEDERAL REALTY INVESTMENT TRUST REIT (FRT), AMCOR PLC (AMCR) and NETFLIX INC. (NFLX).

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

Our best estimate is that FARMERS & MERCHANTS INVESTMENTS INC made a return of 1.29% in the last quarter. In trailing 12 months, it's portfolio return was 12.85%.

Performance
S&P 500

New Buys

Ticker	$ Bought
solstice advanced materials inc	586,846
totalenergies se	506,358
unilever plc adr	494,882
gildan activewear inc	225,356
bitwise xrp etf	48,714
qnity electronics inc	44,581
carvana co	28,697

New stocks bought by FARMERS & MERCHANTS INVESTMENTS INC

Additions

Ticker	% Inc.
federal realty investment trust reit	42,977
amcor plc	2,116
netflix inc.	917
meta platforms inc	679
vornado realty trust	512
vistra corp	412
servicenow, inc.	406
chipotle mexican grill	235

Additions to existing portfolio by FARMERS & MERCHANTS INVESTMENTS INC

Reductions

Ticker	% Reduced
celanese corp- series a	-68.24
gsk plc adr	-59.91
delta air lines inc	-53.09
vf corp	-50.79
ishares national muni bond cl e	-50.00
state street spdr nuveen ice short term municipal bond etf	-50.00
comcast corp class a	-47.31
dow inc	-45.44

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 37.5% of it's holdings in Others sector.

Sector	%
Others	37.5
Technology	17.1
Financial Services	11.3
Industrials	7.8
Healthcare	7.1
Consumer Cyclical	4.6
Consumer Defensive	4.4
Communication Services	4.1
Energy	2.6
Basic Materials	1.6
Utilities	1.4

Market Cap. Distribution

FARMERS & MERCHANTS INVESTMENTS INC has about 55.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	37.5
MEGA-CAP	28.3
LARGE-CAP	27.5
MID-CAP	6.3

Stocks belong to which Index?

About 59.5% of the stocks held by FARMERS & MERCHANTS INVESTMENTS INC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	54.4
Others	40.5
RUSSELL 2000	5.1

Top 5 Winners (%)		%
VICR	vicor corp	120.4 %
LITE	lumentum holdings inc	115.7 %
	sandisk corp	106.0 %
SGML	sigma lithium corp	105.7 %
	fortrea holdings inc	104.8 %

Top 5 Winners ($)		$
LLY	eli lilly & co	13.9 M
GOOG	alphabet inc class a	12.5 M
GOOG	alphabet inc class c	10.0 M
AMD	advanced micro devices inc	10.0 M
NNI	nelnet, inc.	9.0 M

Top 5 Losers (%)		%
NFLX	netflix inc.	-86.6 %
NOW	servicenow, inc.	-75.0 %
SMR	nuscale power corp	-60.7 %
TPL	texas pacific land corp	-60.0 %
FMC	fmc corp	-58.8 %

Top 5 Losers ($)		$
NFLX	netflix inc.	-35.0 M
ORCL	oracle corp	-17.5 M
MSFT	microsoft corp	-9.0 M
	fiserv inc	-5.3 M
HD	home depot inc	-1.9 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 1719 stocks in it's portfolio. About 37.5% of the portfolio is in top 10 stocks. NFLX proved to be the most loss making stock for the portfolio. LLY was the most profitable stock for FARMERS & MERCHANTS INVESTMENTS INC last quarter.

Last Reported on: 03 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.22	428,221	116,416,000	reduced	-1.87

AAXJ	ishares iboxx h/y corp bond fund etf	0.36	162,343	13,089,700	added	6.97

AAXJ	ishares barclays mbs bond fund etf	0.33	125,469	11,947,200	added	9.8

AAXJ	ishares msci eafe growth index etf	0.01	3,615	411,821	unchanged	0.00

AAXJ	ishares morningstar mid core index fund	0.01	3,012	249,183	unchanged	0.00

AAXJ	ishares msci eafe value etf	0.00	2,212	157,959	unchanged	0.00

AAXJ	ishares national muni bond cl e	0.00	837	89,651	reduced	-50.00

AAXJ	ishares preferred & income securities etf	0.00	1,500	46,440	unchanged	0.00

ABBV	abbvie inc	0.51	80,766	18,454,200	reduced	-4.47

ABNB	airbnb inc	0.00	281	38,137	unchanged	0.00

ABT	abbott laboratories	0.60	172,482	21,610,300	reduced	-0.66

ACES	alps o'shares u.s. small-cap quality dividend etf	0.00	2,821	123,391	reduced	-8.14

ACN	accenture plc	0.01	1,013	271,788	unchanged	0.00

ACWF	ishares 0-5 yr inv grd corp bond etf	1.36	968,322	49,093,900	reduced	-1.99

ADBE	adobe inc	0.00	378	132,296	unchanged	0.00

ADI	analog devices, inc.	0.00	355	96,276	unchanged	0.00

ADM	archer daniels midland co	0.00	558	32,079	unchanged	0.00

ADP	automatic data processing	0.33	46,598	11,986,400	reduced	-3.65

ADSK	autodesk, inc.	0.00	299	88,507	added	1.36

AEMB	avantis emerging markets equity etf	0.00	2,400	184,848	unchanged	0.00