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FARMERS & MERCHANTS INVESTMENTS INC
Period ended Sep 30, 2026 · Latest filing Oct 22, 2026
These quarterly holdings are delayed and may not include all assets or short positions.
Values are from the reporting date, not current prices or purchase costs.
The same security may appear in multiple rows.
Source: SEC
Reported portfolio value
Quarter-end reported holdings; not current value or investment performance.
View reported values
- Sep 30, 2026: $4,159,243,191
More quarters will appear as history becomes available.
Top holdings
Top 10 at Sep 30, 2026. Matching entries are combined; security classes and options remain separate. Shares exclude principal amounts; option shares reflect the reported underlying amount.
View top holdings values
- iShares S&P 500 Index Fund · CORE S&P500 ETF · 464287200 · shares: $300,547,876
- Vanguard FTSE Developed Markets ETF · VAN FTSE DEV MKT · 921943858 · shares: $271,039,874
- iShares S&P Small Cap 600 Index ETF · CORE S&P SCP ETF · 464287804 · shares: $152,433,364
- Apple Inc · COM · 037833100 · shares: $149,032,111
- Microsoft Corp · COM · 594918104 · shares: $146,478,598
- Nelnet, Inc. · CL A · 64031N108 · shares: $144,308,592
- iShares S&P Midcap 400 · CORE S&P MCP ETF · 464287507 · shares: $142,074,557
- Advanced Micro Devices Inc · COM · 007903107 · shares: $116,812,513
- Vanguard FTSE Emerging Markets ETF · FTSE EMR MKT ETF · 922042858 · shares: $79,271,848
- Broadcom Inc · COM · 11135F101 · shares: $73,393,442
Reported holdings
1,767 reported entries| Issuer | Class | CUSIP | Type | Shares / principal | Reported value (USD) |
|---|---|---|---|---|---|
| CMS Energy Corp | COM | 125896100 | — | 206 shares | $12,994 |
| The Gap Inc | COM | 364760108 | — | 568 shares | $12,973 |
| Fidelity National Information Services, Inc | COM | 31620M106 | — | 394 shares | $12,963 |
| Brown Forman Corp Cl B | CL B | 115637209 | — | 494 shares | $12,943 |
| Keycorp | COM | 493267108 | — | 640 shares | $12,845 |
| First Solar Inc. | COM | 336433107 | — | 73 shares | $12,787 |
| Neurocrine Biosciences Inc | COM | 64125C109 | — | 90 shares | $12,766 |
| Super Micro Computer Inc | COM NEW | 86800U302 | — | 310 shares | $12,732 |
| C.H. Robinson Worldwide Inc | COM NEW | 12541W209 | — | 86 shares | $12,725 |
| Chimera Investment Corp REIT | COM SHS | 16934Q802 | — | 1,333 shares | $12,703 |
| Textron Inc | COM | 883203101 | — | 166 shares | $12,649 |
| International Flavors & Fragrances Inc | COM | 459506101 | — | 151 shares | $12,605 |
| Equitable Holdings Inc | COM | 29452E101 | — | 245 shares | $12,561 |
| API Group Corp | COM STK | 00187Y100 | — | 325 shares | $12,545 |
| Jones Lang LaSalle Inc | COM | 48020Q107 | — | 41 shares | $12,526 |
| Talen Energy Corp | COM | 87422Q109 | — | 40 shares | $12,508 |
| Jazz Pharmaceuticals PLC | SHS USD | G50871105 | — | 54 shares | $12,502 |
| Performance Food Group Co | COM | 71377A103 | — | 136 shares | $12,445 |
| Lincoln Electric Holdings Inc | COM | 533900106 | — | 47 shares | $12,435 |
| Aramark | COM | 03852U106 | — | 232 shares | $12,424 |
| SiTime Corp | COM | 82982T106 | — | 19 shares | $12,389 |
| iShares Bitcoin Trust ETF | SHS BEN INT | 46438F101 | — | 261 shares | $12,356 |
| Idex Corp | COM | 45167R104 | — | 54 shares | $12,311 |
| CDW Corporation | COM | 12514G108 | — | 95 shares | $12,175 |
| iShares Core International Aggregate Bond ETF | CORE INTL AGGR | 46435G672 | — | 244 shares | $12,005 |
| DocuSign, Inc | COM | 256163106 | — | 177 shares | $11,886 |
| Essex Property Trust | COM | 297178105 | — | 44 shares | $11,853 |
| Lennar Corp | CL A | 526057104 | — | 145 shares | $11,831 |
| Halozyme Therapeutics Inc | COM | 40637H109 | — | 107 shares | $11,813 |
| Pinnacle Financial Partners Inc | COM | 72348N109 | — | 125 shares | $11,701 |
| Apple Hospitality REIT Inc | COM NEW | 03784Y200 | — | 723 shares | $11,684 |
| BWX Technologies Inc | COM | 05605H100 | — | 85 shares | $11,645 |
| iShares JPMorgan USD Emerging Markets Bond Fund | JPMORGAN USD EMG | 464288281 | — | 128 shares | $11,628 |
| Revvity Inc | COM | 714046109 | — | 76 shares | $11,620 |
| Omega Healthcare Investors, Inc. | COM | 681936100 | — | 250 shares | $11,578 |
| CACI International Inc | CL A | 127190304 | — | 19 shares | $11,573 |
| Arcosa Inc | COM | 039653100 | — | 79 shares | $11,546 |
| AGCO Corporation | COM | 001084102 | — | 101 shares | $11,537 |
| Mueller Industries Inc | COM | 624756102 | — | 190 shares | $11,516 |
| Nisource Inc | COM | 65473P105 | — | 295 shares | $11,505 |
| Akamai Technologies | COM | 00971T101 | — | 108 shares | $11,486 |
| Renaissance Re Holdings Ltd | COM | G7496G103 | — | 36 shares | $11,456 |
| Toll Brothers Inc | COM | 889478103 | — | 85 shares | $11,454 |
| Unum Group | COM | 91529Y106 | — | 130 shares | $11,405 |
| Equifax Inc. | COM | 294429105 | — | 83 shares | $11,391 |
| Annaly Capital Management Inc REIT | COM NEW | 035710839 | — | 600 shares | $11,334 |
| MasTec, Inc. | COM | 576323109 | — | 53 shares | $11,322 |
| TTM Technologies, Inc. | COM | 87305R109 | — | 92 shares | $11,301 |
| Carlisle Cos Inc | COM | 142339100 | — | 35 shares | $11,276 |
| TransUnion | COM | 89400J107 | — | 184 shares | $11,246 |
| FormFactor Inc | COM | 346375108 | — | 75 shares | $11,198 |
| Host Hotels & Resorts | COM | 44107P104 | — | 500 shares | $11,195 |
| Nordson Corp | COM | 655663102 | — | 34 shares | $11,147 |
| Penumbra Inc | COM | 70975L107 | — | 35 shares | $11,142 |
| Sun Communities Inc. REIT | COM | 866674104 | — | 100 shares | $11,078 |
| Graco Inc | COM | 384109104 | — | 144 shares | $11,065 |
| Somnigroup International Inc | COM | 88023U101 | — | 178 shares | $11,056 |
| RPM International, Inc. | COM | 749685103 | — | 112 shares | $11,051 |
| Corcept Therapeutics Inc | COM | 218352102 | — | 95 shares | $10,947 |
| PTC Inc | COM | 69370C100 | — | 78 shares | $10,943 |
| Expand Energy Corporation | COM | 165167735 | — | 130 shares | $10,932 |
| Leidos Holdings Inc. | COM | 525327102 | — | 89 shares | $10,843 |
| Liberty Media Corporation Series C | COM SER C | 531229755 | — | 117 shares | $10,811 |
| Lamar Advertising Company (REIT) | CL A | 512816109 | — | 75 shares | $10,808 |
| SharkNinja Inc | COM SHS | G8068L108 | — | 60 shares | $10,807 |
| iShares PHLX SOX Semiconductor Sector Index Fund | ISHARES SEMICDTR | 464287523 | — | 19 shares | $10,804 |
| Starwood Property Trust Inc REIT | COM | 85571B105 | — | 793 shares | $10,706 |
| Invitation Homes Inc | COM | 46187W107 | — | 406 shares | $10,690 |
| Applied Industrial Technologies, Inc. | COM | 03820C105 | — | 32 shares | $10,633 |
| Encompass Health Corp | COM | 29261A100 | — | 87 shares | $10,570 |
| Guidewire Software Inc | COM | 40171V100 | — | 74 shares | $10,551 |
| Manhattan Associates Inc | COM | 562750109 | — | 53 shares | $10,531 |
| BorgWarner Inc. | COM | 099724106 | — | 175 shares | $10,519 |
| DT Midstream Inc | COMMON STOCK | 23345M107 | — | 88 shares | $10,513 |
| Bunge Global SA | COM SHS | H11356104 | — | 98 shares | $10,481 |
| Bank OZK | COM | 06417N103 | — | 228 shares | $10,479 |
| Masco Corp | COM | 574599106 | — | 155 shares | $10,447 |
| Constellation Brands Inc. | CL A | 21036P108 | — | 92 shares | $10,402 |
| Rambus Inc. | COM | 750917106 | — | 97 shares | $10,356 |
| Five Below Inc | COM | 33829M101 | — | 47 shares | $10,320 |
| BJ's Wholesale Club Holdings Inc | COM | 05550J101 | — | 112 shares | $10,304 |
| Ralph Lauren Corp | CL A | 751212101 | — | 29 shares | $10,297 |
| Toast Inc | CL A | 888787108 | — | 350 shares | $10,147 |
| Crown Holdings Inc | COM | 228368106 | — | 96 shares | $10,119 |
| Reddit Inc | CL A | 75734B100 | — | 71 shares | $10,113 |
| Globe Life | COM | 37959E102 | — | 61 shares | $10,105 |
| Texas Pacific Land Corp | COM | 88262P102 | — | 31 shares | $10,101 |
| Kroger Co | COM | 501044101 | — | 172 shares | $10,083 |
| Regal Rexnord Corp | COM | 758750103 | — | 65 shares | $10,082 |
| Gartner, Inc. | COM | 366651107 | — | 54 shares | $10,073 |
| Fair Isaac Corp common | COM | 303250104 | — | 17 shares | $10,072 |
| Gen Digital Inc | COM | 668771108 | — | 451 shares | $9,931 |
| BioMarin Pharmaceutical Inc | COM | 09061G101 | — | 165 shares | $9,900 |
| Essential Utilities Inc | COM | 29670G102 | — | 250 shares | $9,798 |
| Cardinal Health Inc | COM | 14149Y108 | — | 44 shares | $9,790 |
| Lyondellbasell Industries CL-A | SHS - A - | N53745100 | — | 170 shares | $9,770 |
| Arrow Electronics Inc | COM | 042735100 | — | 43 shares | $9,761 |
| Equity LifeStyle Properties, Inc. | COM | 29472R108 | — | 167 shares | $9,741 |
| DigitalOcean Holdings Inc | COM | 25402D102 | — | 73 shares | $9,737 |
| International Paper Co | COM | 460146103 | — | 293 shares | $9,719 |