FARMERS & MERCHANTS INVESTMENTS INC Q4 2025 Filing

Filed February 3, 2026

Portfolio Value

$3.6B

Holdings

1,721

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (1,721 positions)

StockValue
FCXFreeport-McMoran Inc
$215K
EXRExtra Space Storage Inc
$214K
VPUVanguard Utilities ETF
$214K
EDConsolidated Edison
$202K
VSTVistra Corp
$200K
GEHCGE HealthCare Technologies Inc
$192K
DWDMorgan Stanley
$188K
CAGConAgra Brands Inc
$188K
PRUPrudential Financial, Inc.
$188K
MNSTMonster Beverage Corp
$187K
AVEMAvantis Emerging Markets Equity ETF
$184K
SOLVSolventum Corp
$181K
ILCBiShares Morningstar Large Cap ETF
$174K
ORLYO'Reilly Automotive, Inc. New
$174K
DRIDarden Restaurants Inc
$170K
SWXSouthwest Gas Holdings Inc
$170K
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund ETF
$160K
DEODiageo Plc ADR
$159K
EFViShares MSCI EAFE Value ETF
$157K
INTUIntuit Corp Common
$155K
MGVVanguard Mega Cap 300 Value Index ETF
$154K
ISRGIntuitive Surgical, Inc.
$152K
SNDRSchneider Natl Inc-Cl B
$149K
HTLDHeartland Express Inc
$146K
TRGPTarga Resources Corp
$144K
VBKVanguard Small-Cap Growth ETF
$142K
CTSHCognizant Technology Solutions Corp
$142K
RSGRepublic Services, Inc.
$140K
MRTNMarten Transport Ltd
$137K
SNASnap-On Inc
$132K
SWKStanley Black & Decker Inc
$132K
ADBEAdobe Inc
$132K
BAMBrookfield Asset Management Ltd
$131K
ESGUiShares ESG Aware MSCI USA ETF
$131K
SPEMSPDR Portfolio Emerging Markets ETF
$129K
XLYState Street Consumer Discretionary Select Sector SPDR ETF
$126K
NOWServiceNow, Inc.
$125K
NXTNEXTPower Inc
$124K
XLVState Street Health Care Select Sector SPDR ETF
$124K
XLIState Street Industrial Select Sector SPDR ETF
$124K
OUSMALPS O'Shares U.S. Small-Cap Quality Dividend ETF
$123K
LVLNSPDR S&P Regional Banking ETF
$122K
SCHASchwab U.S. Small-Cap ETF
$122K
PEOExelon Corp
$121K
SCHWThe Charles Schwab Corporation
$121K
APPAppLovin Corp
$120K
HPEHewlett Packard Enterprise Co
$116K
KLACKLA Corporation
$114K
YUMCYum China Holdings Inc
$114K
AWRAmerican States Water Company
$111K
JXNJackson Financial Inc
$111K
CMGChipotle Mexican Grill
$111K
FMHIFirst Trust Municipal High Income ETF
$105K
DFACDimensional US Core Equity 2 ETF
$105K
MCKMcKesson Corp
$104K
VFCVF Corp
$104K
BSXBoston Scientific Corporation
$103K
SDYState Street SPDR S&P Dividend ETF
$103K
SPGSimon Property Group, Inc.
$101K
CPRTCopart Inc
$101K
AZNAstrazeneca Plc ADR
$101K
JEPIJPMorgan Equity Premium Income ETF
$101K
DVNDevon Energy Corp
$100K
IEMGiShares Core MSCI Emerging Markets ETF
$96K
PGRThe Progressive Corporation
$96K
ADIAnalog Devices, Inc.
$96K
BNDXVanguard Total International Bond ETF
$94K
VFHVanguard Financials ETF
$94K
MURMurphy Oil Corp
$93K
EOGEOG Resources, Inc.
$91K
ANETArista Networks Inc
$91K
MUBiShares National Muni Bond Cl E
$89K
IYCiShares US Consumer Discretionary ETF
$89K
MSIMotorola Solutions, Inc.
$88K
ADSKAutodesk, Inc.
$88K
PNCPNC Finl Svcs Group Inc
$87K
CRWDCrowdstrike Holdings Inc
$81K
NEMNewmont Corp
$81K
CBChubb Ltd
$81K
MUNIPIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
$81K
URIUnited Rentals, Inc.
$79K
FASTFastenal Co
$79K
VLOValero Energy Corporation
$78K
GLWCorning Inc
$78K
VRTXVertex Pharmaceuticals Inc
$77K
CEGConstellation Energy Corp
$77K
PHParker-Hannifin Corporation
$76K
ICEIntercontinental Exchange, Inc
$74K
TTTrane Technologies Plc
$72K
SBACSBA Communications Corp
$72K
BABAAlibaba Group Holding Ltd
$71K
CHDChurch & Dwight Co.
$71K
KBWBInvesco KBW Bank ETF
$69K
FTSMFirst Trust Enhanced Short Maturity ETF
$68K
TPVGTriplepoint Venture Growth BDC Corp
$67K
MPCMarathon Petroleum Corp
$67K
DAKTDaktronics, Inc.
$67K
EUFNiShares MSCI Europe Financials ETF
$63K
EATBrinker Intermational, Inc.
$61K
LHLabcorp Holdings Inc
$61K
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