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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) |
|---|---|---|---|---|---|
| TG Therapeutics Inc | COM | 88322Q108 | — | 130 shares | $7,251 |
| Aptiv Holdings Ltd | COM SHS | G3265R107 | — | 168 shares | $7,227 |
| Columbia Banking System Inc | COM | 197236102 | — | 250 shares | $7,150 |
| CareTrust REIT Inc | COM | 14174T107 | — | 195 shares | $7,133 |
| Lululemon Athletica Inc. | COM | 550021109 | — | 74 shares | $7,118 |
| Globus Med Inc | CL A | 379577208 | — | 95 shares | $7,116 |
| BrightSpring Health Services Inc | COM | 10950A106 | — | 125 shares | $7,094 |
| Camden Property Trust | SH BEN INT | 133131102 | — | 73 shares | $7,061 |
| AES Corp | COM | 00130H105 | — | 473 shares | $7,048 |
| Old National Bancorp | COM | 680033107 | — | 285 shares | $7,022 |
| Jack Henry & Associates, Inc. | COM | 426281101 | — | 49 shares | $7,019 |
| Pinnacle West Capital Corporation | COM | 723484101 | — | 75 shares | $6,978 |
| Align Technology, Inc. | COM | 016255101 | — | 48 shares | $6,977 |
| Rexford Industrial Realty Inc | COM | 76169C100 | — | 192 shares | $6,964 |
| Oshkosh Truck Corp | COM | 688239201 | — | 54 shares | $6,956 |
| UGI Corporation | COM | 902681105 | — | 195 shares | $6,956 |
| Corebridge Financial Inc | COM | 21871X109 | — | 210 shares | $6,955 |
| Eastman Chemical Company | COM | 277432100 | — | 107 shares | $6,938 |
| Ryman Hospitality Properties | COM | 78377T107 | — | 58 shares | $6,933 |
| Franklin Templeton Inc | COM | 354613101 | — | 215 shares | $6,906 |
| NNN REIT Inc | COM | 637417106 | — | 168 shares | $6,903 |
| Madison Square Garden Company (New) | CL A | 55825T103 | — | 17 shares | $6,889 |
| First Industrial Realty Trust, Inc. | COM | 32054K103 | — | 115 shares | $6,847 |
| InterDigital Inc | COM | 45867G101 | — | 21 shares | $6,847 |
| Terreno Realty Corp | COM | 88146M101 | — | 106 shares | $6,842 |
| Western Alliance Bancorp | COM | 957638109 | — | 91 shares | $6,834 |
| Avnet Inc | COM | 053807103 | — | 68 shares | $6,797 |
| PBF Energy Inc. | CL A | 69318G106 | — | 88 shares | $6,772 |
| iShares TIPS ETF | TIPS BD ETF | 464287176 | — | 65 shares | $6,763 |
| FirstCash Holdings Inc | COM | 33768G107 | — | 32 shares | $6,759 |
| Dycom Industries Inc. | COM | 267475101 | — | 25 shares | $6,727 |
| Autoliv Inc | COM | 052800109 | — | 60 shares | $6,713 |
| Jefferies Financial Group Inc | COM | 47233W109 | — | 146 shares | $6,677 |
| StoneX Group Inc | COM | 861896108 | — | 103 shares | $6,658 |
| Core & Main Inc | CL A | 21874C102 | — | 160 shares | $6,637 |
| ESCO Technologies Inc | COM | 296315104 | — | 25 shares | $6,628 |
| Kratos Defense & Security Solutions Inc | COM NEW | 50077B207 | — | 155 shares | $6,617 |
| AECOM | COM | 00766T100 | — | 112 shares | $6,602 |
| Allison Transmission Holdings Inc | COM | 01973R101 | — | 58 shares | $6,569 |
| Chord Energy Corp | COM NEW | 674215207 | — | 49 shares | $6,569 |
| Lincoln Natl Corp | COM | 534187109 | — | 163 shares | $6,562 |
| Zurn Water Solutions Corp | COM | 98983L108 | — | 141 shares | $6,552 |
| HealthEquity Inc | COM | 42226A107 | — | 74 shares | $6,546 |
| The Timken Company | COM | 887389104 | — | 56 shares | $6,538 |
| Alkermes PLC | SHS | G01767105 | — | 161 shares | $6,524 |
| Plexus Corp | COM | 729132100 | — | 25 shares | $6,524 |
| Armstrong World Industries Inc | COM | 04247X102 | — | 40 shares | $6,477 |
| Silicon Laboratories Inc | COM | 826919102 | — | 29 shares | $6,426 |
| EnerSys | COM | 29275Y102 | — | 35 shares | $6,424 |
| Hanover Insurance Group Inc | COM | 410867105 | — | 30 shares | $6,424 |
| UDR Inc | COM | 902653104 | — | 191 shares | $6,408 |
| Deckers Outdoor Corp | COM | 243537107 | — | 82 shares | $6,407 |
| AGNC Investment Corp | COM | 00123Q104 | — | 700 shares | $6,349 |
| Agree Realty Corp REIT | COM | 008492100 | — | 95 shares | $6,347 |
| Dimensional Global Real Estate ETF | GLOBAL REAL EST | 25434V658 | — | 233 shares | $6,303 |
| NewMarket Corp | COM | 651587107 | — | 7 shares | $6,283 |
| Commercial Metals Co | COM | 201723103 | — | 101 shares | $6,272 |
| Anheuser Busch Cos Inc, New | SPONSORED ADR | 03524A108 | — | 85 shares | $6,245 |
| Gates Industrial Corp Ltd | COM SHS | G39104107 | — | 238 shares | $6,236 |
| Life Time Group Holdings Inc | COMMON STOCK | 53190C102 | — | 156 shares | $6,221 |
| Federal Signal Corporation | COM | 313855108 | — | 56 shares | $6,204 |
| Simpson Manufacturing Co Inc | COM | 829073105 | — | 36 shares | $6,152 |
| Matson Inc | COM | 57686G105 | — | 28 shares | $6,150 |
| Idacorp Inc | COM | 451107106 | — | 47 shares | $6,144 |
| Insulet Corp | COM | 45784P101 | — | 47 shares | $6,132 |
| Kinsale Capital Group Inc | COM | 49714P108 | — | 19 shares | $6,132 |
| JPMorgan Nasdaq Equity Premium Income ETF | NASDAQ EQT PREM | 46654Q203 | — | 100 shares | $6,126 |
| Enpro Inc | COM | 29355X107 | — | 20 shares | $6,125 |
| NOV Inc | COM | 62955J103 | — | 325 shares | $6,087 |
| Chemed Corp | COM | 16359R103 | — | 12 shares | $6,061 |
| Voyager Technologies Inc | COM CL A | 92892B103 | — | 200 shares | $6,050 |
| Kirby Corp | COM | 497266106 | — | 46 shares | $6,038 |
| Maplebear Inc | COM | 565394103 | — | 140 shares | $6,037 |
| Axalta Coating Systems Ltd | COM | G0750C108 | — | 187 shares | $6,014 |
| State Street SPDR Portfolio Intermediate Term Corporate Bond ETF | ST INTER BD ETF | 78464A375 | — | 186 shares | $6,004 |
| Cytokinetics Inc | COM NEW | 23282W605 | — | 91 shares | $5,998 |
| Fluor Corporation (New) | COM | 343412102 | — | 125 shares | $5,985 |
| Commerce Bancshares, Inc. | COM | 200525103 | — | 109 shares | $5,967 |
| Ligand Pharmaceuticals Inc | COM NEW | 53220K504 | — | 19 shares | $5,935 |
| Viatris Inc | COM | 92556V106 | — | 332 shares | $5,883 |
| Lantheus Holdings Inc | COM | 516544103 | — | 59 shares | $5,872 |
| Lithia Motors Inc | COM | 536797103 | — | 20 shares | $5,837 |
| The Macerich Co | COM | 554382101 | — | 261 shares | $5,836 |
| Bruker Corp | COM | 116794108 | — | 90 shares | $5,828 |
| Antero Midstream Corp | COM | 03676B102 | — | 285 shares | $5,746 |
| Stag Industrial Inc | COM | 85254J102 | — | 160 shares | $5,730 |
| Hyatt Hotels Corp | COM CL A | 448579102 | — | 36 shares | $5,708 |
| CommVault Systems Inc | COM | 204166102 | — | 38 shares | $5,697 |
| MSA Safety Inc | COM | 553498106 | — | 32 shares | $5,692 |
| MP Materials Corp | COM CL A | 553368101 | — | 120 shares | $5,675 |
| Victoria's Secret & Co | COMMON STOCK | 926400102 | — | 64 shares | $5,661 |
| JPMorgan Ultra-Short Income ETF | ULTRA SHRT ETF | 46641Q837 | — | 112 shares | $5,641 |
| Pentair PLC | SHS | G7S00T104 | — | 106 shares | $5,617 |
| Qualys, Inc | COM | 74758T303 | — | 30 shares | $5,616 |
| United Bankshares Inc | COM | 909907107 | — | 122 shares | $5,605 |
| Healthcare Realty Trust Inc REIT | CL A COM | 42226K105 | — | 315 shares | $5,588 |
| Viper Energy Inc | CL A | 64361Q101 | — | 140 shares | $5,585 |
| Essential Properties Realty Trust Inc REIT | COM | 29670E107 | — | 216 shares | $5,575 |
| Houlihan Lokey Inc | CL A | 441593100 | — | 44 shares | $5,559 |
| LKQ Corporation | COM | 501889208 | — | 241 shares | $5,502 |