FARMERS & MERCHANTS INVESTMENTS INC quarter change: USA Stocks, Unchanged
In share positions in stocks (listed in the US), from the quarter ended 2026-03-31 to 2026-06-30, FARMERS & MERCHANTS INVESTMENTS INC opened 38 positions, added to 152, reduced 339, sold out of 42 and left 1,006 unchanged. The largest increase in value was AMD (+$72,890,295); the largest decrease was HONZZZZ (-$11,232,787).
- IBM: Country of operation United States; Class COM; Shares 2026-03-31 25,830; Shares 2026-06-30 25,830.
- STX: Country of operation —; Class ORD SHS; Shares 2026-03-31 956; Shares 2026-06-30 956.
- LII: Country of operation United States; Class COM; Shares 2026-03-31 5,021; Shares 2026-06-30 5,021.
- AEP: Country of operation United States; Class COM; Shares 2026-03-31 65,496; Shares 2026-06-30 65,496.
Two Form 13F-HR filings compared (SEC CIK 1259969): 2026-03-31 (filed 2026-04-23) and 2026-06-30 (filed 2026-07-20). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move; share change is the position change.
| Stock | Country of operation | Class | Shares 2026-03-31 | Shares 2026-06-30 | Share change | Value 2026-03-31 | Value 2026-06-30 | Value change |
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IBM
International Business Machines Corp | United States | COM | 25,830 | 25,830 | 0 | $6,260,934 | $7,263,654 | +$1,002,720 |
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STX
Seagate Technology Holdings PLC | | ORD SHS | 956 | 956 | 0 | $374,523 | $922,540 | +$548,017 |
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LII
Lennox International Inc. | United States | COM | 5,021 | 5,021 | 0 | $2,330,397 | $2,876,782 | +$546,385 |
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AEP
American Elec Pwr Inc | United States | COM | 65,496 | 65,496 | 0 | $8,585,216 | $8,960,508 | +$375,292 |
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KNX
Knight-Swift Transportation Holdings Inc | United States | CL A | 7,143 | 7,143 | 0 | $411,294 | $556,225 | +$144,931 |
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NTRS
Northern Trust Corporation | United States | COM | 4,133 | 4,133 | 0 | $576,843 | $718,481 | +$141,638 |
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SU
Suncor Energy, Inc | | COM | 10,915 | 10,915 | 0 | $721,591 | $585,917 | -$135,674 |
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PM
Philip Morris International Inc | United States | COM | 8,546 | 8,546 | 0 | $1,412,996 | $1,546,057 | +$133,061 |
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TSCO
Tractor Supply Co | United States | COM | 9,685 | 9,685 | 0 | $438,731 | $306,143 | -$132,588 |
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LMT
Lockheed Martin Corporation | United States | COM | 1,177 | 1,177 | 0 | $711,367 | $599,634 | -$111,733 |
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JBHT
Hunt (JB) Transport Services Inc | United States | COM | 1,303 | 1,303 | 0 | $276,106 | $377,127 | +$101,021 |
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FITB
Fifth Third Bancorp | United States | COM | 9,685 | 9,685 | 0 | $449,965 | $545,943 | +$95,978 |
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CME
CME Group, Inc | United States | COM | 1,182 | 1,182 | 0 | $349,104 | $261,021 | -$88,083 |
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VKTX
Viking Therapeutics Inc | United States | COM | 12,625 | 12,625 | 0 | $410,818 | $492,501 | +$81,683 |
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HTLD
Heartland Express Inc | United States | COM | 16,176 | 16,176 | 0 | $168,230 | $246,199 | +$77,969 |
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MO
Altria Group Inc | United States | COM | 13,005 | 13,005 | 0 | $858,200 | $935,710 | +$77,510 |
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HPE
Hewlett Packard Enterprise Co | United States | COM | 3,347 | 3,347 | 0 | $79,692 | $150,983 | +$71,291 |
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MTB
M&T Bank Corporation | United States | COM | 1,942 | 1,942 | 0 | $401,450 | $462,215 | +$60,765 |
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MRTN
Marten Transport Ltd | United States | COM | 12,039 | 12,039 | 0 | $158,072 | $208,877 | +$50,805 |
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YUM
Yum! Brands Inc | United States | COM | 9,386 | 9,386 | 0 | $1,459,335 | $1,500,446 | +$41,111 |
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CTSH
Cognizant Technology Solutions Corp | United States | CL A | 1,720 | 1,720 | 0 | $105,522 | $66,616 | -$38,906 |
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SOLV
Solventum Corp | United States | COM SHS | 2,280 | 2,280 | 0 | $148,884 | $175,902 | +$27,018 |
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MUR
Murphy Oil Corp | United States | COM | 2,990 | 2,990 | 0 | $123,338 | $97,354 | -$25,984 |
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DDOG
Datadog Inc | United States | CL A COM | 180 | 180 | 0 | $21,249 | $46,865 | +$25,616 |
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PWR
Quanta Services Inc | United States | COM | 137 | 137 | 0 | $75,216 | $98,645 | +$23,429 |
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EXR
Extra Space Storage Inc | United States | COM | 1,647 | 1,647 | 0 | $215,971 | $239,309 | +$23,338 |
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PIPR
Piper Sandler Companies | United States | COM NEW | 5,240 | 5,240 | 0 | $401,122 | $379,062 | -$22,060 |
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GEHC
GE HealthCare Technologies Inc | United States | COMMON STOCK | 2,847 | 2,847 | 0 | $202,649 | $182,236 | -$20,413 |
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SPG
Simon Property Group, Inc. | United States | COM | 546 | 546 | 0 | $101,845 | $122,113 | +$20,268 |
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PNC
PNC Finl Svcs Group Inc | United States | COM | 507 | 507 | 0 | $105,502 | $124,834 | +$19,332 |
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YUMC
Yum China Holdings Inc | United States | COM | 2,400 | 2,400 | 0 | $117,072 | $98,088 | -$18,984 |
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SLV
iShares Silver Trust | United States | ISHARES | 1,239 | 1,239 | 0 | $84,425 | $66,249 | -$18,176 |
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FCX
Freeport-McMoran Inc | United States | CL B | 4,248 | 4,248 | 0 | $249,697 | $267,157 | +$17,460 |
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PRU
Prudential Financial, Inc. | United States | COM | 1,667 | 1,667 | 0 | $162,849 | $179,919 | +$17,070 |
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KMI
Kinder Morgan Inc. | United States | COM | 10,105 | 10,105 | 0 | $338,821 | $323,057 | -$15,764 |
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SNA
Snap-On Inc | United States | COM | 384 | 384 | 0 | $139,476 | $154,522 | +$15,046 |
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HOOD
Robinhood Markets Inc | United States | COM CL A | 475 | 475 | 0 | $32,918 | $47,633 | +$14,715 |
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MCK
McKesson Corp | United States | COM | 127 | 127 | 0 | $109,901 | $95,961 | -$13,940 |
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FIX
Comfort Systems USA Inc | United States | COM | 23 | 23 | 0 | $31,717 | $45,585 | +$13,868 |
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TRGP
Targa Resources Corp | United States | COM | 785 | 785 | 0 | $196,823 | $210,490 | +$13,667 |
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LNG
Cheniere Energy Inc | United States | COM NEW | 285 | 285 | 0 | $80,872 | $68,118 | -$12,754 |
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MKSI
MKS Inc | United States | COM | 59 | 59 | 0 | $13,559 | $26,243 | +$12,684 |
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GRMN
Garmin Ltd | | SHS | 2,285 | 2,285 | 0 | $530,143 | $542,779 | +$12,636 |
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NEM
Newmont Corp | United States | COM | 840 | 840 | 0 | $90,930 | $78,456 | -$12,474 |
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KEYS
Keysight Technologies Inc | United States | COM | 169 | 169 | 0 | $47,721 | $59,162 | +$11,441 |
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VNO
Vornado Realty Trust | United States | SH BEN INT | 858 | 858 | 0 | $22,299 | $33,719 | +$11,420 |
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HUM
Humana Inc | United States | COM | 50 | 50 | 0 | $8,670 | $19,861 | +$11,191 |
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VIK
Viking Holdings Ltd | United States | ORD SHS | 350 | 350 | 0 | $25,718 | $36,635 | +$10,917 |
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TWLO
Twilio Inc - A | United States | CL A | 135 | 135 | 0 | $16,986 | $27,855 | +$10,869 |
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AWR
American States Water Company | United States | COM | 1,537 | 1,537 | 0 | $116,228 | $127,002 | +$10,774 |
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EAT
Brinker Intermational, Inc. | United States | COM | 425 | 425 | 0 | $60,677 | $71,400 | +$10,723 |
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AX
Axos Financial Inc | United States | COM | 841 | 841 | 0 | $71,561 | $81,905 | +$10,344 |
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GM
General Motors Co | United States | COM | 3,689 | 3,689 | 0 | $274,831 | $284,348 | +$9,517 |
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CNI
Canadian National Railway Company | | COM | 564 | 564 | 0 | $57,962 | $67,251 | +$9,289 |
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ALLY
Ally Financial Inc | United States | COM | 1,362 | 1,362 | 0 | $53,431 | $62,584 | +$9,153 |
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UAL
United Airlines Holdings Inc | United States | COM | 200 | 200 | 0 | $18,414 | $27,198 | +$8,784 |
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VRTX
Vertex Pharmaceuticals Inc | United States | COM | 170 | 170 | 0 | $75,912 | $84,444 | +$8,532 |
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MPWR
Monolithic Power Systems Inc | United States | COM | 29 | 29 | 0 | $31,707 | $40,088 | +$8,381 |
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OKTA
Okta Inc | United States | CL A | 144 | 144 | 0 | $11,334 | $19,649 | +$8,315 |
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NTAP
NetApp Inc. | United States | COM | 148 | 148 | 0 | $15,154 | $22,904 | +$7,750 |
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DASH
DoorDash Inc | United States | CL A | 225 | 225 | 0 | $33,784 | $41,519 | +$7,735 |
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LSCC
Lattice Seminconductor Corp | United States | COM | 127 | 127 | 0 | $11,781 | $19,426 | +$7,645 |
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LHX
L3 Harris Technologies Inc | United States | COM | 137 | 137 | 0 | $47,286 | $39,811 | -$7,475 |
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ONTO
Onto Innovation Inc | United States | COM | 43 | 43 | 0 | $8,818 | $16,273 | +$7,455 |
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FFIV
F5 Inc. | United States | COM | 56 | 56 | 0 | $16,202 | $23,294 | +$7,092 |
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ELV
Elevance Health Inc | United States | COM | 75 | 75 | 0 | $21,956 | $29,005 | +$7,049 |
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COIN
Coinbase Global Inc | United States | COM CL A | 238 | 238 | 0 | $41,557 | $34,793 | -$6,764 |
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ADSK
Autodesk, Inc. | United States | COM | 149 | 149 | 0 | $35,671 | $28,969 | -$6,702 |
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WST
West Pharmaceutical Services Inc | United States | COM | 59 | 59 | 0 | $14,788 | $21,181 | +$6,393 |
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TDG
Transdigm Group Inc | United States | COM | 36 | 36 | 0 | $41,723 | $47,953 | +$6,230 |
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SNPS
Synopsys Inc | United States | COM | 125 | 125 | 0 | $49,560 | $55,759 | +$6,199 |
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RCL
Royal Caribbean Cruises Ltd Group | United States | COM | 145 | 145 | 0 | $39,901 | $46,042 | +$6,141 |
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AXON
Axon Enterprise Inc | United States | COM | 45 | 45 | 0 | $19,111 | $25,227 | +$6,116 |
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WU
Western Union | United States | COM | 5,535 | 5,535 | 0 | $48,321 | $42,620 | -$5,701 |
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MPLX
MPLX LP | United States | COM UNIT REP LTD | 7,285 | 7,285 | 0 | $415,755 | $410,364 | -$5,391 |
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APA
APA Corp | United States | COM | 541 | 541 | 0 | $22,960 | $17,620 | -$5,340 |
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P
Everpure Inc - Class A | United States | CL A | 270 | 270 | 0 | $15,941 | $21,273 | +$5,332 |
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RGTI
Rigetti Computing Inc | United States | COMMON STOCK | 1,000 | 1,000 | 0 | $14,040 | $19,320 | +$5,280 |
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ZBRA
Zebra Technologies Corp | United States | CL A | 97 | 97 | 0 | $20,281 | $25,536 | +$5,255 |
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DHI
D R Horton Inc | United States | COM | 203 | 203 | 0 | $27,856 | $33,065 | +$5,209 |
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IRM
Iron Mountain Inc | United States | COM | 206 | 206 | 0 | $21,041 | $26,020 | +$4,979 |
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XYZ
Block Inc | United States | CL A | 310 | 310 | 0 | $18,656 | $23,560 | +$4,904 |
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MKL
Markel Group Inc | United States | COM | 125 | 125 | 0 | $239,259 | $244,126 | +$4,867 |
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LYB
Lyondellbasell Industries CL-A | | SHS - A - | 170 | 170 | 0 | $13,695 | $8,951 | -$4,744 |
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ABNB
Airbnb Inc | United States | COM CL A | 280 | 280 | 0 | $35,358 | $40,068 | +$4,710 |
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HAL
Halliburton Co | United States | COM | 901 | 901 | 0 | $35,130 | $30,589 | -$4,541 |
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KDP
Keurig Dr Pepper Inc | United States | COM | 708 | 708 | 0 | $18,642 | $23,173 | +$4,531 |
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RMBS
Rambus Inc. | United States | COM | 97 | 97 | 0 | $8,345 | $12,876 | +$4,531 |
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NTR
Nutrien Ltd | | COM | 360 | 360 | 0 | $27,166 | $22,662 | -$4,504 |
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EQIX
Equinix Inc | United States | COM | 71 | 71 | 0 | $69,597 | $74,010 | +$4,413 |
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DY
Dycom Industries Inc. | United States | COM | 25 | 25 | 0 | $8,471 | $12,640 | +$4,169 |
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AMKR
Amkor Technology, Inc. | United States | COM | 100 | 100 | 0 | $4,503 | $8,623 | +$4,120 |
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WES
Western Midstream Partners LP | United States | COM UNIT LP INT | 1,566 | 1,566 | 0 | $64,472 | $68,528 | +$4,056 |
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MRNA
Moderna Inc | United States | COM | 210 | 210 | 0 | $10,668 | $14,706 | +$4,038 |
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TRP
TC Energy Corp | | COM | 1,040 | 1,040 | 0 | $65,104 | $68,942 | +$3,838 |
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GNRC
Generac Holdings, Inc. | United States | COM | 39 | 39 | 0 | $7,618 | $11,420 | +$3,802 |
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ARMK
Aramark | United States | COM | 232 | 232 | 0 | $9,405 | $13,201 | +$3,796 |
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A
Agilent Technologies Inc. | United States | COM | 195 | 195 | 0 | $22,226 | $25,902 | +$3,676 |
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CPBI
Central Plains Bancshares Inc | United States | COM | 1,833 | 1,833 | 0 | $31,363 | $34,882 | +$3,519 |
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WWD
Woodward, Inc. | United States | COM | 52 | 52 | 0 | $18,612 | $22,123 | +$3,511 |
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