Farmers & Merchants Investment

Latest statistics and disclosures from Farmers & Merchants Investments's latest quarterly 13F-HR filing:

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Portfolio Holdings for Farmers & Merchants Investments

Farmers & Merchants Investments holds 1737 positions in its portfolio as reported in the September 2025 quarterly 13F filing

Farmers & Merchants Investments has 1737 total positions. Only the first 250 positions are shown.

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares S&P 500 Index Fund Core S&p500 Etf (IVV) 7.2 $254M -3% 380k 669.30
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Vanguard FTSE Developed Markets ETF Van Ftse Dev Mkt (VEA) 5.7 $202M +7% 3.4M 59.92
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Nelnet Cl A (NNI) 4.2 $148M 1.2M 125.38
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iShares S&P Small Cap 600 Index ETF Core S&p Scp Etf (IJR) 3.9 $137M +2% 1.2M 118.83
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Microsoft Corporation (MSFT) 3.8 $134M -5% 259k 517.95
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iShares S&P Midcap 400 Core S&p Mcp Etf (IJH) 3.3 $116M +2% 1.8M 65.26
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Apple (AAPL) 3.2 $111M -4% 436k 254.63
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Vanguard FTSE Emerging Markets ETF Ftse Emr Mkt Etf (VWO) 2.4 $83M -7% 1.5M 54.18
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Broadcom (AVGO) 2.0 $72M -5% 218k 329.91
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Vanguard Total Bond Market ETF Total Bnd Mrkt (BND) 1.6 $57M 765k 74.37
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Oracle Corporation (ORCL) 1.6 $56M -7% 201k 281.24
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JPMorgan Chase & Co. (JPM) 1.5 $53M +6% 169k 315.43
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Berkshire Hathaway Inc Del Cl B Cl B New (BRK.B) 1.5 $51M +2% 102k 502.74
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iShares 0-5 Yr Inv Grd Corp Bond ETF 0-5yr Invt Gr Cp (SLQD) 1.4 $50M 988k 50.83
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Wal-Mart Stores (WMT) 1.3 $45M -4% 438k 103.06
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Amphenol Corp Cl A Cl A (APH) 1.2 $44M -6% 355k 123.75
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Alphabet Inc Class A Cap Stk Cl A (GOOGL) 1.2 $43M -7% 178k 243.10
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WESCO International (WCC) 1.1 $38M -7% 178k 211.50
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Alphabet Inc Class C Cap Stk Cl C (GOOG) 1.0 $35M -2% 142k 243.55
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Eli Lilly & Co. (LLY) 1.0 $34M -3% 45k 763.00
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NVIDIA Corporation (NVDA) 0.9 $32M -9% 172k 186.58
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Lowe's Companies (LOW) 0.9 $32M -3% 126k 251.31
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Advanced Micro Devices (AMD) 0.9 $31M -5% 192k 161.79
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Berkshire Hathaway Inc Del Cl A Cl A (BRK.A) 0.9 $30M -13% 40.00 754200.00
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Exxon Mobil Corporation (XOM) 0.8 $30M -3% 263k 112.75
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Amazon (AMZN) 0.8 $30M -10% 135k 219.57
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Johnson & Johnson (JNJ) 0.8 $29M -7% 157k 185.42
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Goldman Sachs (GS) 0.7 $25M 32k 796.35
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Taiwan Semiconductor Manufacturing Company Sponsored Ads (TSM) 0.7 $25M -11% 90k 279.29
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Emerson Electric (EMR) 0.7 $24M -4% 182k 131.18
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Pepsi (PEP) 0.7 $23M -8% 166k 140.44
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Abbott Laboratories (ABT) 0.7 $23M 174k 133.94
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Visa Com Cl A (V) 0.7 $23M -6% 67k 341.38
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Vanguard S&P 500 ETF S&p 500 Etf Shs (VOO) 0.6 $23M 37k 612.38
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UnitedHealth (UNH) 0.6 $21M -5% 62k 345.30
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Procter & Gamble Company (PG) 0.6 $21M -4% 139k 153.65
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Cisco Systems (CSCO) 0.6 $21M -3% 303k 68.42
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McDonald's Corporation (MCD) 0.6 $21M -3% 68k 303.89
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Bank of America Corporation (BAC) 0.6 $20M -5% 386k 51.59
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Abbvie (ABBV) 0.6 $20M -2% 85k 231.54
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Air Products & Chemicals (APD) 0.6 $20M -3% 72k 272.72
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Raytheon Technologies Corp (RTX) 0.6 $19M 116k 167.33
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Union Pacific Corporation (UNP) 0.5 $19M -3% 81k 236.37
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Chevron Corporation (CVX) 0.5 $19M 122k 155.29
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Texas Instruments Incorporated (TXN) 0.5 $19M 103k 183.73
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CVS Caremark Corporation (CVS) 0.5 $19M -6% 250k 75.39
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Palo Alto Networks (PANW) 0.5 $19M -5% 91k 203.62
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Capital One Financial (COF) 0.5 $18M -2% 84k 212.58
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iShares Russell 2000 Index Fund Russell 2000 Etf (IWM) 0.5 $18M 73k 241.96
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Roper Industries (ROP) 0.5 $18M -8% 35k 498.69
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Walt Disney Company (DIS) 0.5 $17M -6% 147k 114.50
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Vanguard S/T Corp Bond ETF Shrt Trm Corp Bd (VCSH) 0.5 $17M -17% 209k 79.93
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Blackrock (BLK) 0.5 $16M -5% 14k 1165.87
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Costco Wholesale Corporation (COST) 0.5 $16M 18k 925.63
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MetLife (MET) 0.5 $16M -7% 196k 82.37
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Ameriprise Financial (AMP) 0.4 $16M 32k 491.25
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Vanguard Short-Term Inflation -Protected Securities ETF Strm Infproidx (VTIP) 0.4 $15M -10% 302k 50.63
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Waste Management (WM) 0.4 $15M -4% 69k 220.83
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Stryker Corporation (SYK) 0.4 $15M -6% 41k 369.67
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New Linde SHS (LIN) 0.4 $15M -3% 32k 475.00
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SYSCO Corporation (SYY) 0.4 $15M -4% 179k 82.34
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AFLAC Incorporated (AFL) 0.4 $15M 130k 111.70
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Dover Corporation (DOV) 0.4 $14M 86k 166.83
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Dell Technologies Inc Cl C CL C (DELL) 0.4 $14M 101k 141.77
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Automatic Data Processing (ADP) 0.4 $14M 48k 293.50
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Icon SHS (ICLR) 0.4 $14M -8% 80k 175.00
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Nike Inc Cl B CL B (NKE) 0.4 $14M -8% 200k 69.73
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iShares S&P 500 Growth Index Fund S&p 500 Grwt Etf (IVW) 0.4 $14M 116k 120.72
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Enbridge (ENB) 0.4 $14M -6% 275k 50.46
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Wells Fargo & Company (WFC) 0.4 $14M -6% 164k 83.82
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US Bancorp Com New (USB) 0.4 $14M -13% 283k 48.33
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iShares Russell Mid-Cap Growth ETF Rus Md Cp Gr Etf (IWP) 0.4 $13M 94k 142.41
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Medtronic SHS (MDT) 0.4 $13M 136k 95.24
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Vanguard Short-Term Bond ETF Short Trm Bond (BSV) 0.4 $13M -19% 163k 78.91
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Caterpillar (CAT) 0.4 $13M 27k 477.15
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Home Depot (HD) 0.4 $13M 31k 405.19
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TJX Companies (TJX) 0.3 $12M 85k 144.54
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iShares iBoxx H/Y Corp Bond Fund ETF Iboxx Hi Yd Etf (HYG) 0.3 $12M -12% 152k 81.19
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Verizon Communications (VZ) 0.3 $12M -8% 279k 43.95
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Comcast Corp Class A Cl A (CMCSA) 0.3 $12M -5% 388k 31.42
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salesforce (CRM) 0.3 $12M +5% 51k 237.00
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Ross Stores (ROST) 0.3 $12M -4% 80k 152.39
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Starbucks Corporation (SBUX) 0.3 $12M 142k 84.60
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iShares GNMA Bond ETF Gnma Bond Etf (GNMA) 0.3 $12M +6% 267k 44.35
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Qualcomm (QCOM) 0.3 $12M 69k 166.36
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ASML Holding N Y Registry Shs (ASML) 0.3 $11M -16% 12k 968.09
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Mondelez International Inc - A Cl A (MDLZ) 0.3 $11M -10% 178k 62.47
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iShares Barclays MBS Bond Fund ETF Mbs Etf (MBB) 0.3 $11M -25% 114k 95.15
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Honeywell International (HON) 0.3 $11M -11% 51k 210.50
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Occidental Petroleum Corporation (OXY) 0.3 $11M -5% 227k 47.25
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Fiserv (FI) 0.3 $11M 83k 128.93
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Merck & Co (MRK) 0.3 $10M -9% 123k 83.93
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Nucor Corporation (NUE) 0.3 $10M -4% 76k 135.43
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Itt (ITT) 0.3 $10M -12% 57k 178.76
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Paypal Holdings (PYPL) 0.3 $9.9M -7% 148k 67.06
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Booz Allen Hamilton Holding Corp Cl A (BAH) 0.3 $9.7M -10% 97k 99.95
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Illinois Tool Works (ITW) 0.3 $9.7M 37k 260.76
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Edwards Lifesciences (EW) 0.3 $9.6M -10% 124k 77.77
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Uber Technologies (UBER) 0.3 $9.6M -8% 98k 97.97
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ConocoPhillips (COP) 0.3 $9.6M 101k 94.59
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Nextera Energy (NEE) 0.2 $8.7M -17% 116k 75.49
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W.W. Grainger (GWW) 0.2 $8.7M 9.1k 952.96
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Standard and Poor's Depositary Receipts 500 ETF Trust Tr Unit (SPY) 0.2 $8.5M 13k 666.18
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Aptar (ATR) 0.2 $8.2M -8% 62k 133.66
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Digital Realty Trust (DLR) 0.2 $8.0M -6% 46k 172.88
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Citigroup Com New (C) 0.2 $8.0M -13% 79k 101.50
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Coca-Cola Company (KO) 0.2 $7.6M 115k 66.32
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International Business Machines (IBM) 0.2 $7.6M -9% 27k 282.16
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Amgen (AMGN) 0.2 $7.2M 26k 282.20
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American Electric Power Company (AEP) 0.2 $7.1M 64k 112.50
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iShares Barclays Aggregate Bond Fund Core Us Aggbd Et (AGG) 0.2 $7.1M 71k 100.25
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Duke Energy Corporation Com New (DUK) 0.2 $7.1M -14% 57k 123.75
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Danaher Corporation (DHR) 0.2 $7.1M -9% 36k 198.26
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Netflix (NFLX) 0.2 $6.8M 5.7k 1198.92
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Delta Air Lines Com New (DAL) 0.2 $6.7M -7% 119k 56.75
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Realty Income (O) 0.2 $6.3M -20% 103k 60.79
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Johnson Controls International SHS (JCI) 0.2 $6.3M -13% 57k 109.95
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FedEx Corporation (FDX) 0.2 $6.2M 26k 235.81
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iShares Russell Midcap Value Index Fund Rus Mdcp Val Etf (IWS) 0.2 $6.1M 43k 139.67
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Vanguard MSCI European ETF Ftse Europe Etf (VGK) 0.2 $6.0M 75k 79.80
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Ametek (AME) 0.2 $5.7M -8% 30k 188.00
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Genuine Parts Company (GPC) 0.2 $5.6M 41k 138.60
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iShares Russell 2000 Growth Index Rus 2000 Grw Etf (IWO) 0.2 $5.5M 17k 320.04
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Tesla Motors (TSLA) 0.2 $5.4M 12k 444.72
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Rockwell Automation (ROK) 0.1 $5.3M 15k 349.53
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Phillips 66 (PSX) 0.1 $5.1M 38k 136.02
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Novartis AG - Sponsored Adr (NVS) 0.1 $4.9M 38k 128.24
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Pfizer (PFE) 0.1 $4.9M 191k 25.48
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Target Corporation (TGT) 0.1 $4.8M -4% 53k 89.70
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SLB Com Stk (SLB) 0.1 $4.6M 135k 34.37
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Kimberly-Clark Corporation (KMB) 0.1 $4.6M -12% 37k 124.34
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Ecolab (ECL) 0.1 $4.5M 17k 273.86
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Fortis (FTS) 0.1 $4.5M 90k 50.74
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Zoetis Cl A (ZTS) 0.1 $4.4M 30k 146.32
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iShares MSCI EAFE Index Fund Msci Eafe Etf (EFA) 0.1 $4.2M 46k 93.37
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iShares Russell Midcap Index Fund Rus Mid Cap Etf (IWR) 0.1 $4.1M 43k 96.55
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Vanguard Dividend Appreciation Index ETF Div App Etf (VIG) 0.1 $4.0M 19k 215.79
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Otis Worldwide Corp (OTIS) 0.1 $3.7M -8% 41k 91.43
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Becton, Dickinson and (BDX) 0.1 $3.7M -13% 20k 187.17
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Vanguard Small-Cap Index ETF Small Cp Etf (VB) 0.1 $3.7M -2% 14k 254.28
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Allegheny Technologies Incorporated (ATI) 0.1 $3.6M -7% 44k 81.34
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Wec Energy Group (WEC) 0.1 $3.4M 30k 114.59
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Norfolk Southern (NSC) 0.1 $3.4M 11k 300.41
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Vanguard Real Estate Index ETF Real Estate Etf (VNQ) 0.1 $3.4M -5% 37k 91.42
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Albemarle Corporation (ALB) 0.1 $3.3M 41k 81.08
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General Mills (GIS) 0.1 $3.2M -2% 63k 50.42
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Vanguard Total Stock Market ETF Total Stk Mkt (VTI) 0.1 $3.1M 9.3k 328.17
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Evergy (EVRG) 0.1 $3.1M 40k 76.02
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AutoZone (AZO) 0.1 $3.0M -32% 706.00 4290.24
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Black Hills Corporation (BKH) 0.1 $2.9M 47k 61.59
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Vanguard Mid-Cap Index ETF Mid Cap Etf (VO) 0.1 $2.8M +4% 9.7k 293.74
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S&p Global (SPGI) 0.1 $2.8M +23% 5.7k 486.71
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Huntington Ingalls Inds (HII) 0.1 $2.7M 9.5k 287.91
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Clorox Company (CLX) 0.1 $2.7M 22k 123.30
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Bristol Myers Squibb (BMY) 0.1 $2.7M 60k 45.10
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Mastercard Inc - Class A Cl A (MA) 0.1 $2.7M 4.7k 568.81
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Lennox International (LII) 0.1 $2.7M 5.0k 529.36
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Colgate-Palmolive Company (CL) 0.1 $2.6M 33k 79.94
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3M Company (MMM) 0.1 $2.5M -4% 16k 155.18
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iShares Core S&P Total US Stock Market ETF Core S&p Ttl Stk (ITOT) 0.1 $2.5M 17k 145.65
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T. Rowe Price (TROW) 0.1 $2.5M 24k 102.64
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Kraft Heinz (KHC) 0.1 $2.4M -9% 94k 26.04
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Boeing Company (BA) 0.1 $2.3M 11k 215.83
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PPG Industries (PPG) 0.1 $2.2M -3% 21k 105.11
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Lam Research Corp Com New (LRCX) 0.1 $2.2M -13% 17k 133.90
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Ingredion Incorporated (INGR) 0.1 $2.2M 18k 122.11
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iShares S&P MidCap 400/Barra Growth Index Fund S&p Mc 400gr Etf (IJK) 0.1 $2.2M 23k 95.89
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iShares Russell 2000 Value Index Fund Rus 2000 Val Etf (IWN) 0.1 $2.1M 12k 176.81
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iShares MSCI Emerging Mkts Index Msci Emg Mkt Etf (EEM) 0.1 $2.0M 38k 53.40
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Fortive (FTV) 0.1 $2.0M 41k 48.99
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United Parcel Service - Cl B CL B (UPS) 0.1 $2.0M -7% 24k 83.53
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Vanguard Small-Cap Value Index ETF Sm Cp Val Etf (VBR) 0.1 $2.0M 9.5k 208.71
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Thermo Fisher Scientific (TMO) 0.1 $1.9M 3.9k 485.02
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At&t (T) 0.1 $1.8M -19% 63k 28.24
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Meta Platforms Cl A (META) 0.0 $1.8M 2.4k 734.38
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GE Aerospace Com New (GE) 0.0 $1.7M -7% 5.8k 300.82
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CSX Corporation (CSX) 0.0 $1.6M 46k 35.51
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iShares S&P 500 Value Index Fund S&p 500 Val Etf (IVE) 0.0 $1.6M 7.7k 206.51
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IShares Edge MSCI USA Quality Factor ETF Msci Usa Qlt Fct (QUAL) 0.0 $1.6M 8.0k 194.50
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iShares S&P Midcap 400/Barra Value Index Fund S&p Mc 400vl Etf (IJJ) 0.0 $1.5M 12k 129.72
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Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Activebeta Us Lg (GSLC) 0.0 $1.5M 12k 130.28
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Yum! Brands (YUM) 0.0 $1.5M 9.7k 152.00
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Spdr Gold Trust Gold Shs (GLD) 0.0 $1.5M +3% 4.1k 355.47
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Philip Morris International (PM) 0.0 $1.4M -3% 8.8k 162.20
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Eaton Corp SHS (ETN) 0.0 $1.4M 3.8k 374.25
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Vanguard Growth ETF Growth Etf (VUG) 0.0 $1.4M +8% 2.9k 479.61
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Southern Company (SO) 0.0 $1.3M 14k 94.77
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Welltower Inc Com reit (WELL) 0.0 $1.3M 7.0k 178.14
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Dow (DOW) 0.0 $1.2M -17% 54k 22.93
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iShares Russell 1000 Growth Index Fund Rus 1000 Grw Etf (IWF) 0.0 $1.2M 2.6k 468.41
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Ge Vernova (GEV) 0.0 $1.2M +2% 2.0k 614.90
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Kenvue (KVUE) 0.0 $1.1M 70k 16.23
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iShares Russell 1000 Value Fund Rus 1000 Val Etf (IWD) 0.0 $1.1M 5.5k 203.59
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General Dynamics Corporation (GD) 0.0 $1.1M -2% 3.3k 341.00
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Carrier Global Corporation (CARR) 0.0 $1.1M -7% 18k 59.70
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Metropcs Communications (TMUS) 0.0 $1.1M -6% 4.5k 239.38
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Invesco RAFI US 1000 ETF Rafi Us 1000 Etf (PRF) 0.0 $1.1M 24k 45.21
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iShares Gold Trust ETF Ishares New (IAU) 0.0 $1.1M 15k 72.77
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Vanguard Total World Stock Index Fund Tt Wrld St Etf (VT) 0.0 $982k 7.1k 137.80
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Cummins (CMI) 0.0 $973k +3% 2.3k 422.37
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Gilead Sciences (GILD) 0.0 $960k 8.6k 111.00
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Vanguard Mid-Cap Growth Index ETF Mcap Gr Idxvip (VOT) 0.0 $958k 3.3k 293.79
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Schwab US Dividend Equity ETF Us Dividend Eq (SCHD) 0.0 $956k 35k 27.30
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Vanguard Mid-Cap Value Index ETF Mcap Vl Idxvip (VOE) 0.0 $947k +6% 5.4k 174.58
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Flextronics International Ord (FLEX) 0.0 $947k 16k 57.97
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M&T Bank Corporation (MTB) 0.0 $915k 4.6k 197.62
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S&P Smallcap 600/Barra Growth Index Fund S&P SML 600 GWT (IJT) 0.0 $914k 6.5k 141.50
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Williams Companies (WMB) 0.0 $896k 14k 63.35
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Dominion Resources (D) 0.0 $895k 15k 61.17
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Altria (MO) 0.0 $854k -5% 13k 66.06
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Technology Select Sector SPDR Fund Technology (XLK) 0.0 $805k 2.9k 281.86
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Zimmer Holdings (ZBH) 0.0 $803k 8.2k 98.50
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Terex Corporation (TEX) 0.0 $784k 15k 51.30
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Valmont Industries (VMI) 0.0 $782k 2.0k 387.73
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Quest Diagnostics Incorporated (DGX) 0.0 $750k -3% 3.9k 190.58
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Expeditors International of Washington (EXPD) 0.0 $742k -7% 6.1k 122.59
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Paychex (PAYX) 0.0 $736k 5.8k 126.76
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Vanguard Information Technology Index ETF Inf Tech Etf (VGT) 0.0 $705k 944.00 746.63
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Safehold (SAFE) 0.0 $699k -25% 45k 15.49
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Schwab U.S. Large-Cap Growth ETF Us Lcap Gr Etf (SCHG) 0.0 $680k 21k 31.91
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Shell Spon Ads (SHEL) 0.0 $664k 9.3k 71.53
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Vanguard Value ETF Value Etf (VTV) 0.0 $663k -3% 3.6k 186.49
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iShares Core MSCI EAFE ETF Core Msci Eafe (IEFA) 0.0 $657k +6% 7.5k 87.31
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Booking Holdings (BKNG) 0.0 $626k 116.00 5399.27
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Intel Corporation (INTC) 0.0 $604k -72% 18k 33.55
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Ralliant Corp (RAL) 0.0 $600k 14k 43.73
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Vanguard Health Care ETF Health Car Etf (VHT) 0.0 $593k 2.3k 259.60
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Deere & Company (DE) 0.0 $592k 1.3k 457.26
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Lockheed Martin Corporation (LMT) 0.0 $592k -2% 1.2k 499.21
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Tractor Supply Company (TSCO) 0.0 $572k 10k 56.87
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Garmin SHS (GRMN) 0.0 $566k -22% 2.3k 246.22
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Truist Financial Corp equities (TFC) 0.0 $560k +2% 12k 45.72
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Bank of New York Mellon Corporation (BK) 0.0 $557k 5.1k 108.96
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Northern Trust Corporation (NTRS) 0.0 $556k 4.1k 134.60
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Biogen Idec (BIIB) 0.0 $552k 3.9k 140.08
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Invesco QQQ Trust Unit Ser 1 (QQQ) 0.0 $531k +19% 885.00 600.37
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Unilever Spon Adr New (UL) 0.0 $521k 8.8k 59.28
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Piper Jaffray Companies (PIPR) 0.0 $489k 1.4k 346.99
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UMB Financial Corporation (UMBF) 0.0 $480k 4.1k 118.35
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Omni (OMC) 0.0 $479k 5.9k 81.53
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iShares DJ Select Dividend Index ETF Select Divid Etf (DVY) 0.0 $468k 3.3k 142.10
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TotalEnergies SE Sponsored Ads (TTE) 0.0 $466k 7.8k 59.69
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Suncor Energy (SU) 0.0 $456k 11k 41.81
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Palantir Technologies Cl A (PLTR) 0.0 $452k +2% 2.5k 182.42
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Veralto Corp Com Shs (VLTO) 0.0 $448k 4.2k 106.61
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MPLX Com Unit Rep Ltd (MPLX) 0.0 $434k 8.7k 49.95
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Blackstone Group Inc Com Cl A (BX) 0.0 $428k -2% 2.5k 170.85
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Fifth Third Ban (FITB) 0.0 $422k 9.5k 44.55
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Energy Transfer Com Ut Ltd Ptn (ET) 0.0 $421k 25k 17.16
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iShares MSCI EAFE Growth Index ETF Eafe Grwth Etf (EFG) 0.0 $412k 3.6k 113.88
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Past Filings by Farmers & Merchants Investments

SEC 13F filings are viewable for Farmers & Merchants Investments going back to 2010

View all past filings