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 1721 positions in its portfolio as reported in the December 2025 quarterly 13F filing

Farmers & Merchants Investments has 1721 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 $260M 380k 684.94
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Vanguard FTSE Developed Markets ETF Van Ftse Dev Mkt (VEA) 6.1 $222M +5% 3.5M 62.47
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Nelnet Cl A (NNI) 4.4 $158M 1.2M 132.96
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iShares S&P Small Cap 600 Index ETF Core S&p Scp Etf (IJR) 3.9 $142M +2% 1.2M 120.18
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Microsoft Corporation (MSFT) 3.5 $127M 263k 483.62
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iShares S&P Midcap 400 Core S&p Mcp Etf (IJH) 3.3 $121M +3% 1.8M 66.00
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Apple (AAPL) 3.2 $116M 428k 271.86
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Vanguard FTSE Emerging Markets ETF Ftse Emr Mkt Etf (VWO) 2.1 $77M -6% 1.4M 53.76
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Broadcom (AVGO) 2.0 $74M 214k 346.10
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Vanguard Total Bond Market ETF Total Bnd Mrkt (BND) 1.6 $58M +3% 788k 74.07
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Alphabet Inc Class A Cap Stk Cl A (GOOGL) 1.6 $56M 180k 313.00
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Berkshire Hathaway Inc Del Cl B Cl B New (BRK.B) 1.4 $52M 103k 502.65
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iShares 0-5 Yr Inv Grd Corp Bond ETF 0-5yr Invt Gr Cp (SLQD) 1.4 $49M 968k 50.70
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JPMorgan Chase & Co. (JPM) 1.3 $48M -11% 150k 322.22
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Amphenol Corp Cl A Cl A (APH) 1.3 $48M 356k 135.14
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Wal-Mart Stores (WMT) 1.3 $48M 430k 111.41
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Eli Lilly & Co. (LLY) 1.3 $48M 44k 1074.68
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Alphabet Inc Class C Cap Stk Cl C (GOOG) 1.2 $45M 144k 313.80
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WESCO International (WCC) 1.2 $44M 179k 244.64
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Advanced Micro Devices (AMD) 1.1 $41M 191k 214.16
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Oracle Corporation (ORCL) 1.1 $40M 205k 194.91
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Amazon (AMZN) 1.0 $35M +12% 152k 230.82
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NVIDIA Corporation (NVDA) 0.9 $33M +3% 179k 186.50
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Johnson & Johnson (JNJ) 0.9 $32M 156k 206.95
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Exxon Mobil Corporation (XOM) 0.9 $32M 266k 120.34
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Lowe's Companies (LOW) 0.8 $30M 126k 241.16
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Berkshire Hathaway Inc Del Cl A Cl A (BRK.A) 0.8 $29M -5% 38.00 754800.00
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Goldman Sachs (GS) 0.8 $28M 32k 879.00
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Taiwan Semiconductor Manufacturing Company Sponsored Ads (TSM) 0.8 $28M 92k 303.89
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Emerson Electric (EMR) 0.7 $24M 182k 132.72
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Pepsi (PEP) 0.7 $24M 165k 143.52
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Visa Com Cl A (V) 0.6 $24M 67k 350.71
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Cisco Systems (CSCO) 0.6 $23M 302k 77.03
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Vanguard S&P 500 ETF S&p 500 Etf Shs (VOO) 0.6 $23M -2% 36k 627.13
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Abbott Laboratories (ABT) 0.6 $22M 173k 125.29
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Bank of America Corporation (BAC) 0.6 $22M 390k 55.00
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Raytheon Technologies Corp (RTX) 0.6 $21M 115k 183.40
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Capital One Financial (COF) 0.6 $21M 85k 242.36
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McDonald's Corporation (MCD) 0.6 $20M 67k 305.63
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UnitedHealth (UNH) 0.6 $20M 62k 330.11
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CVS Caremark Corporation (CVS) 0.6 $20M +2% 255k 79.36
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Procter & Gamble Company (PG) 0.5 $19M -3% 134k 143.31
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Vanguard S/T Corp Bond ETF Shrt Trm Corp Bd (VCSH) 0.5 $19M +14% 239k 79.73
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Union Pacific Corporation (UNP) 0.5 $19M 80k 231.32
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Abbvie (ABBV) 0.5 $19M -4% 81k 228.49
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iShares Russell 2000 Index Fund Russell 2000 Etf (IWM) 0.5 $18M 72k 246.16
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Texas Instruments Incorporated (TXN) 0.5 $18M 102k 173.49
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Air Products & Chemicals (APD) 0.5 $17M -2% 70k 247.02
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Palo Alto Networks (PANW) 0.5 $17M +2% 93k 184.20
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Chevron Corporation (CVX) 0.5 $17M -10% 109k 152.41
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Dover Corporation (DOV) 0.5 $16M -2% 84k 195.24
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Walt Disney Company (DIS) 0.5 $16M -2% 143k 113.77
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Vanguard Short-Term Inflation -Protected Securities ETF Strm Infproidx (VTIP) 0.4 $16M +6% 321k 49.46
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Roper Industries (ROP) 0.4 $16M 35k 445.13
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MetLife (MET) 0.4 $15M 195k 78.94
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Ameriprise Financial (AMP) 0.4 $15M 31k 490.34
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Costco Wholesale Corporation (COST) 0.4 $15M 18k 862.34
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US Bancorp Com New (USB) 0.4 $15M 282k 53.36
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Waste Management (WM) 0.4 $15M 68k 219.71
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Blackrock (BLK) 0.4 $15M 14k 1070.34
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salesforce (CRM) 0.4 $15M +10% 57k 264.91
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Icon SHS (ICLR) 0.4 $15M 81k 182.22
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Wells Fargo & Company (WFC) 0.4 $15M -4% 157k 93.20
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Caterpillar (CAT) 0.4 $14M -5% 25k 572.87
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iShares S&P 500 Growth Index Fund S&p 500 Grwt Etf (IVW) 0.4 $14M 115k 123.26
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Ross Stores (ROST) 0.4 $14M 79k 180.14
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Stryker Corporation (SYK) 0.4 $14M 40k 351.47
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AFLAC Incorporated (AFL) 0.4 $14M -4% 125k 110.27
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New Linde SHS (LIN) 0.4 $14M 32k 426.39
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Enbridge (ENB) 0.4 $13M 280k 47.83
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iShares GNMA Bond ETF Gnma Bond Etf (GNMA) 0.4 $13M +12% 300k 44.54
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SYSCO Corporation (SYY) 0.4 $13M 178k 73.69
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iShares iBoxx H/Y Corp Bond Fund ETF Iboxx Hi Yd Etf (HYG) 0.4 $13M +6% 162k 80.63
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Medtronic SHS (MDT) 0.4 $13M 136k 96.06
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Vanguard Short-Term Bond ETF Short Trm Bond (BSV) 0.4 $13M 164k 78.81
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TJX Companies (TJX) 0.4 $13M 84k 153.61
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iShares Russell Mid-Cap Growth ETF Rus Md Cp Gr Etf (IWP) 0.4 $13M 94k 136.94
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ASML Holding N Y Registry Shs (ASML) 0.4 $13M 12k 1069.86
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Nike Inc Cl B CL B (NKE) 0.4 $13M 199k 63.71
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Dell Technologies Inc Cl C CL C (DELL) 0.3 $13M 100k 125.88
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Meta Platforms Cl A (META) 0.3 $12M +679% 19k 660.09
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Merck & Co (MRK) 0.3 $12M -5% 117k 105.26
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Nucor Corporation (NUE) 0.3 $12M 75k 163.11
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Automatic Data Processing (ADP) 0.3 $12M -3% 47k 257.23
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iShares Barclays MBS Bond Fund ETF Mbs Etf (MBB) 0.3 $12M +9% 126k 95.22
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Starbucks Corporation (SBUX) 0.3 $12M 141k 84.21
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Qualcomm (QCOM) 0.3 $12M -2% 68k 171.05
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Verizon Communications (VZ) 0.3 $11M -2% 272k 40.73
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Edwards Lifesciences (EW) 0.3 $11M 126k 85.25
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Home Depot (HD) 0.3 $11M 31k 344.10
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Itt (ITT) 0.3 $9.8M 57k 173.51
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Honeywell International (HON) 0.3 $9.8M 50k 195.09
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Mondelez International Inc - A Cl A (MDLZ) 0.3 $9.4M 175k 53.83
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Occidental Petroleum Corporation (OXY) 0.3 $9.4M 228k 41.12
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ConocoPhillips (COP) 0.3 $9.3M 100k 93.61
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Illinois Tool Works (ITW) 0.3 $9.1M 37k 246.30
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Nextera Energy (NEE) 0.3 $9.0M -2% 113k 80.28
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W.W. Grainger (GWW) 0.2 $8.8M -4% 8.7k 1009.05
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Standard and Poor's Depositary Receipts 500 ETF Trust Tr Unit (SPY) 0.2 $8.5M 13k 681.92
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Paypal Holdings (PYPL) 0.2 $8.5M 146k 58.38
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Amgen (AMGN) 0.2 $8.3M 26k 327.31
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Uber Technologies (UBER) 0.2 $8.2M +2% 101k 81.71
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Danaher Corporation (DHR) 0.2 $8.1M 36k 228.92
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iShares Barclays Aggregate Bond Fund Core Us Aggbd Et (AGG) 0.2 $8.0M +12% 80k 99.88
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Booz Allen Hamilton Holding Corp Cl A (BAH) 0.2 $8.0M -2% 95k 84.36
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Aptar (ATR) 0.2 $7.9M +5% 65k 121.96
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Coca-Cola Company (KO) 0.2 $7.9M -2% 113k 69.91
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Citigroup Com New (C) 0.2 $7.8M -15% 67k 116.69
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International Business Machines (IBM) 0.2 $7.7M -3% 26k 296.21
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FedEx Corporation (FDX) 0.2 $7.6M 26k 288.86
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Digital Realty Trust (DLR) 0.2 $7.4M +3% 48k 154.71
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American Electric Power Company (AEP) 0.2 $7.3M 64k 115.31
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Johnson Controls International SHS (JCI) 0.2 $7.0M +2% 59k 119.75
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Duke Energy Corporation Com New (DUK) 0.2 $6.5M -3% 55k 117.21
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Vanguard MSCI European ETF Ftse Europe Etf (VGK) 0.2 $6.2M 75k 83.61
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Comcast Corp Class A Cl A (CMCSA) 0.2 $6.1M -47% 205k 29.89
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Albemarle Corporation (ALB) 0.2 $6.1M +4% 43k 141.44
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iShares Russell Midcap Value Index Fund Rus Mdcp Val Etf (IWS) 0.2 $6.1M 43k 141.05
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Realty Income (O) 0.2 $6.1M +4% 108k 56.37
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Fiserv (FI) 0.2 $6.0M +6% 89k 67.17
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Ametek (AME) 0.2 $5.9M -4% 29k 205.31
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Rockwell Automation (ROK) 0.2 $5.8M 15k 389.07
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Ecolab (ECL) 0.2 $5.6M +29% 22k 262.52
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iShares Russell 2000 Growth Index Rus 2000 Grw Etf (IWO) 0.2 $5.6M 17k 323.01
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Tesla Motors (TSLA) 0.2 $5.5M 12k 449.72
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Netflix (NFLX) 0.1 $5.4M +917% 58k 93.76
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Novartis AG - Sponsored Adr (NVS) 0.1 $5.2M 38k 137.87
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SLB Com Stk (SLB) 0.1 $5.2M 135k 38.38
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Genuine Parts Company (GPC) 0.1 $5.0M 41k 122.96
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Allegheny Technologies Incorporated (ATI) 0.1 $4.8M -4% 42k 114.76
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Fortis (FTS) 0.1 $4.8M +2% 92k 51.94
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Pfizer (PFE) 0.1 $4.6M -2% 186k 24.90
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Phillips 66 (PSX) 0.1 $4.6M -4% 36k 129.04
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Target Corporation (TGT) 0.1 $4.6M -10% 47k 97.75
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Vanguard Dividend Appreciation Index ETF Div App Etf (VIG) 0.1 $4.4M +8% 20k 219.78
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iShares MSCI EAFE Index Fund Msci Eafe Etf (EFA) 0.1 $4.3M 45k 96.03
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iShares Russell Midcap Index Fund Rus Mid Cap Etf (IWR) 0.1 $4.1M 43k 96.27
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Delta Air Lines Com New (DAL) 0.1 $3.9M -53% 56k 69.40
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Vanguard Real Estate Index ETF Real Estate Etf (VNQ) 0.1 $3.7M +14% 42k 88.49
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Becton, Dickinson and (BDX) 0.1 $3.7M -2% 19k 194.07
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Vanguard Small-Cap Index ETF Small Cp Etf (VB) 0.1 $3.7M 14k 257.95
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Kimberly-Clark Corporation (KMB) 0.1 $3.6M -3% 36k 100.89
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Otis Worldwide Corp (OTIS) 0.1 $3.5M 41k 87.35
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Vanguard Total Stock Market ETF Total Stk Mkt (VTI) 0.1 $3.5M +12% 10k 335.27
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S&p Global (SPGI) 0.1 $3.3M +10% 6.3k 522.59
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Huntington Ingalls Inds (HII) 0.1 $3.3M 9.6k 340.07
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Bristol Myers Squibb (BMY) 0.1 $3.2M 60k 53.94
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Black Hills Corporation (BKH) 0.1 $3.2M -2% 46k 69.42
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Wec Energy Group (WEC) 0.1 $3.1M 30k 105.46
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Zoetis Cl A (ZTS) 0.1 $3.1M -18% 24k 125.82
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Norfolk Southern (NSC) 0.1 $3.0M -6% 11k 288.72
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Evergy (EVRG) 0.1 $3.0M 41k 72.49
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Lam Research Corp Com New (LRCX) 0.1 $2.8M 17k 171.18
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Vanguard Mid-Cap Index ETF Mid Cap Etf (VO) 0.1 $2.8M 9.6k 290.22
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General Mills (GIS) 0.1 $2.8M -5% 59k 46.50
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Clorox Company (CLX) 0.1 $2.6M +14% 25k 100.83
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iShares Core S&P Total US Stock Market ETF Core S&p Ttl Stk (ITOT) 0.1 $2.5M 17k 148.69
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3M Company (MMM) 0.1 $2.5M -2% 16k 160.10
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Mastercard Inc - Class A Cl A (MA) 0.1 $2.5M -7% 4.4k 570.88
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Lennox International (LII) 0.1 $2.4M 5.0k 485.58
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T. Rowe Price (TROW) 0.1 $2.4M -2% 23k 102.38
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AutoZone (AZO) 0.1 $2.3M -2% 691.00 3391.50
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Boeing Company (BA) 0.1 $2.3M 11k 217.12
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United Parcel Service - Cl B CL B (UPS) 0.1 $2.3M -4% 23k 99.19
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Fortive (FTV) 0.1 $2.3M 41k 55.21
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Colgate-Palmolive Company (CL) 0.1 $2.2M -15% 28k 79.02
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iShares S&P MidCap 400/Barra Growth Index Fund S&p Mc 400gr Etf (IJK) 0.1 $2.2M 23k 96.88
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Thermo Fisher Scientific (TMO) 0.1 $2.2M -2% 3.8k 579.45
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Kraft Heinz (KHC) 0.1 $2.2M -4% 90k 24.25
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iShares Russell 2000 Value Index Fund Rus 2000 Val Etf (IWN) 0.1 $2.1M 12k 181.21
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Federal Realty Investment Trust REIT Sh Ben Int New (FRT) 0.1 $2.1M +42977% 21k 100.80
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iShares MSCI Emerging Mkts Index Msci Emg Mkt Etf (EEM) 0.1 $2.1M 38k 54.71
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PPG Industries (PPG) 0.1 $2.0M -7% 20k 102.46
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Vanguard Small-Cap Value Index ETF Sm Cp Val Etf (VBR) 0.1 $2.0M 9.4k 211.79
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GE Aerospace Com New (GE) 0.0 $1.8M 5.8k 308.03
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Ingredion Incorporated (INGR) 0.0 $1.7M -14% 15k 110.26
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CSX Corporation (CSX) 0.0 $1.7M 46k 36.25
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IShares Edge MSCI USA Quality Factor ETF Msci Usa Qlt Fct (QUAL) 0.0 $1.6M 8.0k 198.62
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Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Activebeta Us Lg (GSLC) 0.0 $1.6M 12k 132.37
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iShares S&P Midcap 400/Barra Value Index Fund S&p Mc 400vl Etf (IJJ) 0.0 $1.5M 12k 131.59
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iShares S&P 500 Value Index Fund S&p 500 Val Etf (IVE) 0.0 $1.5M -6% 7.2k 212.07
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At&t (T) 0.0 $1.5M -5% 59k 24.84
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Spdr Gold Trust Gold Shs (GLD) 0.0 $1.5M -9% 3.7k 396.31
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Yum! Brands (YUM) 0.0 $1.4M -3% 9.4k 151.28
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Philip Morris International (PM) 0.0 $1.4M 8.8k 160.40
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Amcor Ord (AMCR) 0.0 $1.3M +2116% 160k 8.34
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Vanguard Growth ETF Growth Etf (VUG) 0.0 $1.3M -7% 2.6k 487.86
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Ge Vernova (GEV) 0.0 $1.3M -2% 1.9k 653.57
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Welltower Inc Com reit (WELL) 0.0 $1.2M -8% 6.5k 185.61
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Eaton Corp SHS (ETN) 0.0 $1.2M 3.8k 318.51
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Cummins (CMI) 0.0 $1.2M 2.3k 510.45
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Southern Company (SO) 0.0 $1.2M 14k 87.20
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iShares Gold Trust ETF Ishares New (IAU) 0.0 $1.2M 14k 81.17
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Invesco RAFI US 1000 ETF Rafi Us 1000 Etf (PRF) 0.0 $1.1M 24k 46.92
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iShares Russell 1000 Growth Index Fund Rus 1000 Grw Etf (IWF) 0.0 $1.1M -9% 2.4k 473.30
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iShares Russell 1000 Value Fund Rus 1000 Val Etf (IWD) 0.0 $1.1M -4% 5.3k 210.34
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Gilead Sciences (GILD) 0.0 $1.0M 8.5k 122.74
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General Dynamics Corporation (GD) 0.0 $1.0M -8% 3.0k 336.66
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Vanguard Total World Stock Index Fund Tt Wrld St Etf (VT) 0.0 $1.0M 7.1k 141.06
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Flextronics International Ord (FLEX) 0.0 $988k 16k 60.42
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Vanguard Mid-Cap Value Index ETF Mcap Vl Idxvip (VOE) 0.0 $963k 5.4k 177.37
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Schwab US Dividend Equity ETF Us Dividend Eq (SCHD) 0.0 $961k 35k 27.43
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Kenvue (KVUE) 0.0 $924k -23% 54k 17.25
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Vanguard Mid-Cap Growth Index ETF Mcap Gr Idxvip (VOT) 0.0 $911k 3.3k 279.14
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Metropcs Communications (TMUS) 0.0 $907k 4.5k 203.04
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Carrier Global Corporation (CARR) 0.0 $906k -5% 17k 52.84
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S&P Smallcap 600/Barra Growth Index Fund S&P SML 600 GWT (IJT) 0.0 $896k 6.4k 141.16
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Expeditors International of Washington (EXPD) 0.0 $893k 6.0k 149.01
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Williams Companies (WMB) 0.0 $851k 14k 60.11
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Dominion Resources (D) 0.0 $851k 15k 58.59
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State Street Technology Select Sector SPDR ETF State Street Tec (XLK) 0.0 $819k +99% 5.7k 143.97
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Terex Corporation (TEX) 0.0 $816k 15k 53.38
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Altria (MO) 0.0 $745k 13k 57.66
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Zimmer Holdings (ZBH) 0.0 $720k 8.0k 89.92
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Vanguard Information Technology Index ETF Inf Tech Etf (VGT) 0.0 $712k 944.00 753.78
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M&T Bank Corporation (MTB) 0.0 $701k -24% 3.5k 201.48
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Ralliant Corp (RAL) 0.0 $695k 14k 50.91
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Schwab U.S. Large-Cap Growth ETF Us Lcap Gr Etf (SCHG) 0.0 $695k 21k 32.62
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Biogen Idec (BIIB) 0.0 $694k 3.9k 175.99
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Dow (DOW) 0.0 $686k -45% 29k 23.38
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Omni (OMC) 0.0 $684k +44% 8.5k 80.75
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Shell Spon Ads (SHEL) 0.0 $682k 9.3k 73.48
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Vanguard Value ETF Value Etf (VTV) 0.0 $679k 3.6k 190.99
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Quest Diagnostics Incorporated (DGX) 0.0 $666k -2% 3.8k 173.53
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Paychex (PAYX) 0.0 $652k 5.8k 112.18
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iShares Core MSCI EAFE ETF Core Msci Eafe (IEFA) 0.0 $646k -4% 7.2k 89.46
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Vanguard Health Care ETF Health Car Etf (VHT) 0.0 $633k -3% 2.2k 287.85
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Booking Holdings (BKNG) 0.0 $627k 117.00 5355.33
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Deere & Company (DE) 0.0 $602k 1.3k 465.57
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Intel Corporation (INTC) 0.0 $596k -10% 16k 36.90
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Bank of New York Mellon Corporation (BK) 0.0 $594k 5.1k 116.09
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Safehold (SAFE) 0.0 $593k -3% 43k 13.69
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Solstice Advanced Materials Com Shs 0.0 $587k NEW 12k 48.58
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Truist Financial Corp equities (TFC) 0.0 $584k -3% 12k 49.21
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Lockheed Martin Corporation (LMT) 0.0 $573k 1.2k 483.67
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Northern Trust Corporation (NTRS) 0.0 $565k 4.1k 136.59
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Invesco QQQ Trust Unit Ser 1 (QQQ) 0.0 $544k 885.00 614.31
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TotalEnergies SE Act (TTFNF) 0.0 $506k NEW 7.8k 65.29
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Unilever Spon Adr New 0.0 $495k NEW 7.6k 65.40
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Tractor Supply Company (TSCO) 0.0 $484k -3% 9.7k 50.01
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Suncor Energy (SU) 0.0 $484k 11k 44.36
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UMB Financial Corporation (UMBF) 0.0 $467k 4.1k 115.04
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MPLX Com Unit Rep Ltd (MPLX) 0.0 $467k 8.7k 53.37
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iShares DJ Select Dividend Index ETF Select Divid Etf (DVY) 0.0 $465k 3.3k 141.14
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Garmin SHS (GRMN) 0.0 $464k 2.3k 202.85
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Palantir Technologies Cl A (PLTR) 0.0 $455k +3% 2.6k 177.75
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Piper Jaffray Companies (PIPR) 0.0 $445k -7% 1.3k 339.71
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Fifth Third Ban (FITB) 0.0 $443k 9.5k 46.81
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Toronto - Dominion Bank Com New (TD) 0.0 $427k 4.5k 94.20
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Veralto Corp Com Shs (VLTO) 0.0 $420k 4.2k 99.78
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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