Farmers & Merchants Investments Inc reported 1,556 positions worth $2.83B for the quarter ended Sep 30, 2026, up 1.7% on the prior quarter. It opened 44 new positions, added to 702, trimmed 256 and exited 20. Its largest holding is Apple Inc. at 5.3% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| NRC Nrc Health | +171.1K | +51.7% | $3.63M | 0.376% |
| PNC Pnc Financial Services Group, Inc. | +10.2K | +2,002.8% | $2.26M | 0.084% |
| GOOG Alphabet Inc. | +6,598 | +4.3% | $2.25M | 1.92% |
| AMZN Amazon Com Inc | +7,442 | +4.3% | $1.85M | 1.57% |
| NVDA Nvidia Corp | +7,807 | +3.9% | $1.78M | 1.67% |
| MSFT Microsoft Corp | +2,966 | +1.0% | $1.52M | 5.18% |
| AVGO Broadcom Inc. | +3,674 | +1.8% | $1.29M | 2.59% |
| HII Huntington Ingalls Industries, Inc. | +4,568 | +48.8% | $1.22M | 0.131% |
| TSM Taiwan Semiconductor Manufacturing Co Ltd | +2,518 | +2.6% | $1.15M | 1.58% |
| COST Costco Wholesale Corp | +1,160 | +6.6% | $1.06M | 0.601% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| DELL Dell Technologies Inc. | -3,895 | -4.0% | $2.10M | 1.8% |
| AMD Advanced Micro Devices Inc | -2,573 | -1.3% | $1.57M | 4.13% |
| TMO Thermo Fisher Scientific Inc. | -1,485 | -39.4% | $1.00M | 0.054% |
| NNI Nelnet Inc | -6,873 | -0.6% | $845.93K | 5.1% |
| GWW W.W. Grainger, Inc. | -451 | -5.4% | $561.84K | 0.346% |
| ZTS Zoetis Inc. | -7,505 | -36.7% | $524.07K | 0.032% |
| ICLR Icon Plc | -2,919 | -3.5% | $496.20K | 0.481% |
| PYPL PayPal Holdings, Inc. | -8,114 | -10.5% | $426.23K | 0.129% |
| PM Philip Morris International Inc. | -2,166 | -25.3% | $413.32K | 0.043% |
| RTX RTX Corp | -2,198 | -1.9% | $408.06K | 0.739% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| MBGL Mobility Global Inc. | +2,454 | $42.09K | <0.01% |
| WTM White Mountains Insurance Group Ltd | +17 | $34.11K | <0.01% |
| FERG Ferguson Enterprises Inc. | +125 | $27.83K | <0.01% |
| TECK Teck Resources Ltd | +350 | $23.03K | <0.01% |
| SUI Sun Communities Inc | +100 | $11.08K | <0.01% |
| SN SharkNinja, Inc. | +60 | $10.81K | <0.01% |
| TOST Toast, Inc. | +350 | $10.15K | <0.01% |
| HUBS Hubspot Inc | +38 | $7.79K | <0.01% |
| RACE Ferrari N.V. | +19 | $7.46K | <0.01% |
| ALSN Allison Transmission Holdings Inc | +58 | $6.57K | <0.01% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| CHD Church & Dwight Co Inc | -750 | $72.66K | <0.01% |
| ROKU Roku, Inc | -108 | $14.92K | <0.01% |
| QBTS D-Wave Quantum Inc. | -250 | $6.00K | <0.01% |
| TAP Molson Coors Beverage Co | -105 | $4.09K | <0.01% |
| SUNB Sunbelt Rentals Holdings, Inc. | -16 | $1.20K | <0.01% |
| ANIP Ani Pharmaceuticals Inc | -8 | $662.00 | <0.01% |
| MATW Matthews International Corp | -21 | $565.00 | <0.01% |
| FBRT Franklin BSP Realty Trust, Inc. | -55 | $448.00 | <0.01% |
| NXRT NexPoint Residential Trust, Inc. | -16 | $447.00 | <0.01% |
| VRRM VERRA MOBILITY Corp | -100 | $425.00 | <0.01% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | AAPL Apple Inc. | Technology | 447.5K | $149.03M | 5.27% | +209 | +0.0% | Added | 0% |
| 2 | MSFT Microsoft Corp | Technology | 285.6K | $146.48M | 5.18% | +2,966 | +1.0% | Added | 0% |
| 3 | NNI Nelnet Inc | Financial Services | 1.17M | $144.31M | 5.1% | -6,873 | -0.6% | Reduced | 3.25% |
| 4 | AMD Advanced Micro Devices Inc | Technology | 190.9K | $116.81M | 4.13% | -2,573 | -1.3% | Reduced | 0.01% |
| 5 | AVGO Broadcom Inc. | Technology | 209.0K | $73.39M | 2.59% | +3,674 | +1.8% | Added | 0% |
| 6 | GOOGL Alphabet Inc. | Technology | 185.5K | $63.82M | 2.26% | +1,760 | +1.0% | Added | 0% |
| 7 | WCC Wesco International Inc | Industrials | 175.2K | $63.00M | 2.23% | +1,146 | +0.7% | Added | 0.36% |
| 8 | APH Amphenol Corp | Industrials | 735.8K | $62.03M | 2.19% | -2,581 | -0.3% | Reduced | 0.03% |
| 9 | BRK-B Berkshire Hathaway Inc | Financial Services | 114.1K | $56.81M | 2.01% | -70 | -0.1% | Reduced | 0.01% |
| 10 | GOOG Alphabet Inc. | Technology | 159.5K | $54.36M | 1.92% | +6,598 | +4.3% | Added | 0% |
| 11 | JPM Jpmorgan Chase & Co | Financial Services | 154.6K | $51.14M | 1.81% | +593 | +0.4% | Added | 0.01% |
| 12 | LLY ELI LILLY & Co | Healthcare | 44.1K | $51.01M | 1.8% | -315 | -0.7% | Reduced | 0% |
| 13 | DELL Dell Technologies Inc. | Technology | 94.5K | $50.82M | 1.8% | -3,895 | -4.0% | Reduced | 0.03% |
| 14 | NVDA Nvidia Corp | Technology | 207.0K | $47.27M | 1.67% | +7,807 | +3.9% | Added | 0% |
| 15 | TSM Taiwan Semiconductor Manufacturing Co Ltd | Technology | 98.0K | $44.69M | 1.58% | +2,518 | +2.6% | Added | 0% |
Tip. Select a row to see that position’s full history at Farmers & Merchants Investments.
As of its Q3 2026 13F filing, Farmers & Merchants Investments Inc’s five largest positions were Apple Inc. (AAPL) at 5.3%, Microsoft Corp (MSFT) at 5.2%, Nelnet Inc (NNI) at 5.1%, Advanced Micro Devices Inc (AMD) at 4.1%, Broadcom Inc. (AVGO) at 2.6% of the reported portfolio.
Farmers & Merchants Investments Inc reported a 13F portfolio worth $2.83B across 1,556 positions for Q3 2026. That is up 1.7% from the previous quarter.
Its largest purchases by value were Nrc Health ($3.63M), Pnc Financial Services Group, Inc. ($2.26M), Alphabet Inc. ($2.25M). It opened 44 new positions.
Its largest sales by value were Dell Technologies Inc. ($2.10M), Advanced Micro Devices Inc ($1.57M), Thermo Fisher Scientific Inc. ($1.00M). It exited 20 positions entirely.
From the Form 13F-HR reports Farmers & Merchants Investments Inc files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.