Farmers & Merchants Investments Inc Portfolio Stock Holdings

Farmers & Merchants Investments Inc disclosed 1760 stock positions valued at approximately $3.6 billion in its latest SEC 13F filing. The largest holdings include iShares S&P 500 Index Fund, Vanguard FTSE Developed Markets ETF, and Nelnet, Inc.. The filing reflects positions held as of March 31, 2026 and was filed on April 23, 2026.

Report Period
March 31, 2026
No. of Stocks
1760
Portfolio Value
$3.6B
Holdings by Sector
Farmers & Merchants Investments Inc Portfolio Holdings in Q1 2026

1724 holdings in the latest reporting period.

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CompanySymbolSectorPortfolio %SharesChange (Shares)Change %Value
iShares S&P 500 Index FundIVVOther6.99%387,788+7,614+2.00%$253,306,999
Vanguard FTSE Developed Markets ETFVEAOther6.45%3,649,530+99,960+2.82%$233,861,882
Nelnet, Inc.NNIFinancial Services4.21%1,184,351--$152,733,905
iShares S&P Small Cap 600 Index ETFIJROther4.16%1,213,599+30,981+2.62%$150,862,492
iShares S&P Midcap 400IJHOther3.51%1,885,265+53,148+2.90%$127,311,945
Apple IncAAPLTechnology3.08%440,311+12,090+2.82%$111,746,529
Microsoft CorpMSFTTechnology2.79%273,172+10,426+3.97%$101,120,079
Vanguard FTSE Emerging Markets ETFVWOOther2.13%1,426,926-7,269-0.51%$77,125,356
Broadcom IncAVGOTechnology1.82%213,014-1,080-0.50%$65,929,963
Vanguard Total Bond Market ETFBNDOther1.64%808,536+20,669+2.62%$59,540,591
Berkshire Hathaway Inc Del Cl B NewBRK-BFinancial Services1.47%111,548+8,696+8.45%$53,453,802
Alphabet Inc Class AGOOGLCommunication Services1.44%181,619+1,976+1.10%$52,226,360
Walmart, IncWMTConsumer Defensive1.44%418,464-11,620-2.70%$52,006,706
iShares 0-5 Yr Inv Grd Corp Bond ETFSLQDOther1.35%970,988+2,666+0.28%$49,025,184
Wesco International IncWCCIndustrials1.33%175,597-3,126-1.75%$48,046,851
Amphenol Corp Cl AAPHTechnology1.27%364,984+9,299+2.61%$46,115,728
Exxon Mobil CorpXOMEnergy1.25%267,283+1,833+0.69%$45,347,234
JPMorgan Chase & Co.JPMFinancial Services1.24%152,429+2,277+1.52%$44,838,515
Alphabet Inc Class CGOOGCommunication Services1.17%148,082+4,580+3.19%$42,478,803
Eli Lilly & CoLLYHealthcare1.14%45,007+720+1.63%$41,396,088
Advanced Micro Devices IncAMDTechnology1.09%194,299+3,178+1.66%$39,526,246
Johnson & JohnsonJNJHealthcare1.06%157,191+760+0.49%$38,423,768
Amazon.com, Inc.AMZNConsumer Cyclical0.93%162,569+10,688+7.04%$33,858,246
NVIDIA CorporationNVDATechnology0.89%185,342+6,876+3.85%$32,323,645
Taiwan Semiconductor Manufacturing Company Ltd.TSMTechnology0.87%93,376+1,696+1.85%$31,556,419
Oracle CorpORCLTechnology0.85%209,349+4,806+2.35%$30,797,331
Lowe's Companies, IncLOWConsumer Cyclical0.83%126,585+967+0.77%$29,909,504
Goldman Sachs Group Inc.GSFinancial Services0.76%32,384+464+1.45%$27,396,540
Berkshire Hathaway Inc Del Cl ABRK-AFinancial Services0.75%38--$27,289,320
PepsiCo IncPEPConsumer Defensive0.73%169,402+4,559+2.77%$26,306,437
Emerson Electric CoEMRIndustrials0.66%183,571+1,715+0.94%$24,051,472
Cisco Systems IncCSCOTechnology0.65%305,157+3,037+1.01%$23,677,132
Chevron CorpCVXEnergy0.63%109,712+692+0.63%$22,699,413
RTX CorpRTXIndustrials0.61%114,879-550-0.48%$22,160,159
Vanguard S&P 500 ETFVOOOther0.60%36,260-108-0.30%$21,667,163
Vanguard S/T Corp Bond ETFVCSHOther0.60%272,160+33,400+13.99%$21,574,123
McDonald's CorpMCDConsumer Cyclical0.58%67,249+483+0.72%$20,900,317
Visa Inc.VFinancial Services0.57%68,094+1,222+1.83%$20,580,731
Air Products & Chemicals IncAPDBasic Materials0.56%70,233+245+0.35%$20,401,984
Texas Instruments IncTXNTechnology0.55%103,491+1,802+1.77%$20,091,743
Union Pacific CorpUNPIndustrials0.55%82,296+2,368+2.96%$19,966,656
Bank of America CorpBACFinancial Services0.55%407,334+16,955+4.34%$19,857,532
Procter & Gamble CoPGConsumer Defensive0.54%135,346+1,362+1.02%$19,549,304
CVS Health CorporationCVSHealthcare0.52%260,653+5,659+2.22%$18,720,098
Abbott LaboratoriesABTHealthcare0.50%177,525+5,043+2.92%$18,226,492
Caterpillar IncCATIndustrials0.50%25,697+561+2.23%$18,205,297
iShares Russell 2000 Index FundIWMOther0.49%72,184-232-0.32%$17,901,632
Abbvie IncABBVHealthcare0.49%82,168+1,402+1.74%$17,870,718
Vanguard Short-Term Inflation -Protected Securities ETFVTIPOther0.48%348,731+27,561+8.58%$17,419,113
Costco Wholesale CorpCOSTConsumer Defensive0.48%17,463-21-0.12%$17,400,657
Dover CorpDOVIndustrials0.47%82,171-1,907-2.27%$17,128,545
UnitedHealth Group IncUNHHealthcare0.47%62,570+983+1.60%$16,930,816
Ross Stores IncROSTConsumer Cyclical0.47%77,875-837-1.06%$16,870,061
Dell Technologies Inc Cl CDELLTechnology0.45%99,895-500-0.50%$16,395,766
ASML HoldingASMLOther0.45%12,356+436+3.66%$16,320,175
Capital One Financial CorpCOFFinancial Services0.43%86,178+1,467+1.73%$15,721,453
Waste Management IncWMIndustrials0.43%68,416--$15,721,313
New Linde PLCLINOther0.43%31,487-60-0.19%$15,609,995
Enbridge IncENBEnergy0.43%287,031+7,026+2.51%$15,539,858
Palo Alto Networks, Inc.PANWTechnology0.42%95,296+2,318+2.49%$15,277,855
Salesforce IncCRMTechnology0.42%81,053+24,423+43.13%$15,130,164
Occidental Petroleum CorpOXYEnergy0.42%231,611+3,306+1.45%$15,054,715
US BancorpUSBFinancial Services0.40%279,273-2,944-1.04%$14,524,989
Merck & Co., IncMRKHealthcare0.39%118,172+1,690+1.45%$14,214,910
iShares GNMA Bond ETFGNMAOther0.39%320,604+20,665+6.89%$14,212,375
Walt Disney CompanyDISCommunication Services0.39%146,374+3,136+2.19%$14,107,526
Metlife IncMETFinancial Services0.39%197,530+2,597+1.33%$13,969,322
Verizon CommunicationsVZCommunication Services0.38%277,639+5,249+1.93%$13,937,478
iShares Barclays MBS Bond Fund ETFMBBOther0.38%145,744+20,275+16.16%$13,838,393
iShares iBoxx H/Y Corp Bond Fund ETFHYGOther0.38%173,303+10,960+6.75%$13,787,987
Ameriprise Financial IncAMPFinancial Services0.38%30,742-500-1.60%$13,661,745
Blackrock IncBLKOther0.38%14,172+130+0.93%$13,629,354
Aflac Inc commonAFLFinancial Services0.37%122,461-2,098-1.68%$13,435,196
Stryker CorpSYKHealthcare0.37%40,356+31+0.08%$13,260,578
TJX Companies IncTJXConsumer Cyclical0.36%82,825-1,074-1.28%$13,227,153
Vanguard Short-Term Bond ETFBSVOther0.36%168,036+4,250+2.59%$13,175,703
ConocoPhillipsCOPEnergy0.36%99,441-257-0.26%$13,126,212
iShares S&P 500 Growth Index FundIVWOther0.36%115,290-100-0.09%$13,040,452
Roper Technologies IncROPTechnology0.35%36,092+1,161+3.32%$12,771,515
Starbucks CorpSBUXConsumer Cyclical0.35%142,484+1,742+1.24%$12,765,142
Sysco CorpSYYConsumer Defensive0.35%175,686-2,320-1.30%$12,531,682
Nucor CorpNUEBasic Materials0.35%74,013-712-0.95%$12,515,598
iShares Russell Mid-Cap Growth ETFIWPOther0.33%93,501--$11,979,348
Wells FargoWFCFinancial Services0.33%150,158-6,753-4.30%$11,954,078
Medtronic PLCMDTOther0.32%134,918-938-0.69%$11,690,645
ITT Inc.ITTIndustrials0.31%59,204+2,749+4.87%$11,280,138
Meta Platforms IncMETACommunication Services0.31%19,706+1,129+6.08%$11,274,394
Honeywell Intl IncHONIndustrials0.31%49,696-466-0.93%$11,232,787
Nike Inc Cl BNKEConsumer Cyclical0.30%207,061+7,832+3.93%$10,936,962
NextEra Energy Inc.NEEUtilities0.30%115,628+2,906+2.58%$10,739,529
Edwards Lifesciences CorpEWHealthcare0.28%127,922+2,215+1.76%$10,243,994
Mondelez International Inc - AMDLZConsumer Defensive0.28%176,097+1,000+0.57%$10,150,231
Home Depot IncHDConsumer Cyclical0.27%30,256-740-2.39%$9,950,896
Illinois Tool Works IncITWIndustrials0.26%36,739-290-0.78%$9,562,794
Automatic Data ProcessingADPTechnology0.26%46,136-462-0.99%$9,373,912
FedEx CorpFDXIndustrials0.26%26,183+30+0.11%$9,325,861
ICON PLCICLROther0.25%83,021+2,446+3.04%$9,187,104
Amgen IncAMGNHealthcare0.25%25,801+314+1.23%$9,078,082
W W Grainger IncGWWIndustrials0.25%8,311-363-4.18%$9,065,722
Digital Realty Trust Inc.DLRReal Estate0.25%49,446+1,591+3.32%$8,910,664