FARMERS & MERCHANTS INVESTMENTS INC

CIK

1259969

Location

LINCOLN, NE

Portfolio Value

Mid $4,192,310,949

Diversification

Diversified

Reports for

UNION BANK & TRUST CO /NE/

Filing Date

Global Rank

#1,003 / 8,793 ▲ 67 · as of Jun 2026

Top Industry

Semiconductors 11.4%

Period ended 3 months ago

Filed Jul 20, 2026 · 2mo

26 quarters · since Mar 2020

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

1,613 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

18.4%

+10.5 pts

Top 5

34.7%

+11.4 pts

Top 10

46.9%

+10.3 pts

HHI

476

Diversified+273

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	32.2%	$1,351,758,255	62
Technology	22.4%	$938,389,852	227
Financial Services	12.2%	$511,470,456	253
Industrials	7.8%	$325,415,386	245
Healthcare	7.3%	$307,245,772	171
Communication Services	4.0%	$169,595,685	45
Consumer Cyclical	4.0%	$169,245,366	198
Consumer Defensive	4.0%	$166,283,964	80
Energy	2.6%	$110,370,995	83
Basic Materials	1.6%	$69,154,516	74
Utilities	1.2%	$49,552,568	58
Real Estate	0.6%	$23,828,134	117

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NRC	Nrc Health	+330,549	330,649	$7,132,098
VEA	Vanguard FTSE Developed Markets ETF	+106,314	3,755,844	$267,603,885
SFM	Sprouts Farmers Market, Inc.	+49,339	49,427	$4,180,535
NJR	New Jersey Resources Corp	+47,170	47,255	$2,648,170
VB	Vanguard Morningstar Small-Cap ETF	+40,263	135,680	$42,151,770
CPAY	Corpay, Inc.	+22,016	22,067	$7,354,269
CRM	Salesforce, Inc.	+19,528	100,581	$15,757,019
NVDA	Nvidia Corp	+13,817	199,159	$39,849,724
MSFT	Microsoft Corp	+9,451	282,623	$105,424,031
—		+9,411	435,474	$30,914,696
AMZN	Amazon Com Inc	+8,809	171,378	$40,846,232
UBER	Uber Technologies, Inc	+8,262	112,259	$8,100,609
BAC	Bank Of America Corp /De/	+7,043	414,377	$23,611,201
AAPL	Apple Inc.	+6,997	447,308	$129,433,042
GOOGL	Alphabet Inc.	+6,969	336,670	$119,697,843
VZ	Verizon Communications Inc	+6,771	284,410	$12,041,919
EDV	Vanguard World Funds Extended Duration ETF	+6,332	12,528	$2,052,370
PANW	Palo Alto Networks Inc	+6,192	101,488	$34,609,437
ENB	Enbridge Inc	+5,854	292,885	$15,877,295
EW	Edwards Lifesciences Corp	+5,825	133,747	$12,098,753
BIV	Vanguard Intermediate-Term Bond ETF	+5,259	981,831	$72,834,400
ABT	Abbott Laboratories	+5,167	182,692	$16,577,472
D	Dominion Energy, Inc	+4,967	19,478	$1,330,152
FTS	Fortis Inc.	+4,892	100,834	$5,770,729
O	Realty Income Corp	+4,423	117,544	$7,283,026
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
VEU	Vanguard FTSE All-World Ex-US ETF	−100,151	1,409,547	$87,023,814
PYPL	PayPal Holdings, Inc.	−74,830	77,634	$3,352,236
KHC	Kraft Heinz Co	−53,980	38,679	$913,597
AAXJ	iShares MSCI All Country Asia ex Japan ETF	−28,198	5,288,099	$770,797,069
HON	Honeywell International Inc	−25,029	24,667	$5,522,941
CMCSA	Comcast Corp	−21,513	172,743	$4,240,840
BNDW	Vanguard Total World Bond ETF	−20,437	252,121	$19,971,249
WMT	Walmart Inc.	−13,370	405,094	$45,880,946
VCHY	Vanguard U.S. High-Yield Corporate Bond Index ETF	−13,052	335,679	$16,861,156
INGR	Ingredion Inc	−10,922	4,621	$437,654
AVGO	Broadcom Inc.	−7,703	205,311	$77,556,230
GIS	General Mills Inc	−7,106	50,256	$1,748,908
DAL	Delta Air Lines, Inc.	−5,161	44,591	$4,176,393
NNI	Nelnet Inc	−5,000	1,179,351	$157,242,868
OXY	Occidental Petroleum Corp /De/	−4,363	227,248	$11,037,435
T	At&T Inc.	−4,000	56,967	$1,179,216
USB	US Bancorp De	−3,800	275,473	$16,638,569
ATI	Ati Inc	−3,720	31,003	$6,110,691
WFC	Wells Fargo & Company/Mn	−3,681	146,477	$12,104,859
CSCO	Cisco Systems, Inc.	−3,483	301,674	$35,434,628
TTE	TotalEnergies SE	−3,047	3,709	$288,411
ZTS	Zoetis Inc.	−2,910	20,451	$1,469,608
BAH	Booz Allen Hamilton Holding Corp	−2,757	96,407	$5,849,012
VSNT	Versant Media Group, Inc.	−2,174	3,518	$126,683
NUE	Nucor Corp	−2,053	71,960	$16,029,090
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
HONA	Honeywell Aerospace Inc.	24,667	$5,453,380
FDXF	FedEx Freight Holding Company, Inc.	12,991	$1,961,641
MRVL	Marvell Technology, Inc.	441	$131,369
SPCX	Space Exploration Technologies Corp	200	$34,172
ELDN	Eledon Pharmaceuticals, Inc.	6,321	$24,904
SNDA	Sonida Senior Living, Inc.	452	$18,441
BE	Bloom Energy Corp	50	$15,135
ROKU	Roku, Inc	108	$14,919
CDE	Coeur Mining, Inc.	650	$10,608
VEEV	Veeva Systems Inc	33	$5,856
ALLW	SSGA Active Trust State Street Bridgewater All Weather ETF	108	$4,351
ATMU	Atmus Filtration Technologies Inc.	40	$2,039
LQDA	Liquidia Corp	25	$1,993
BFAM	Bright Horizons Family Solutions Inc.	27	$1,913
ALHC	Alignment Healthcare, Inc.	80	$1,904
LAZ	Lazard, Inc.	45	$1,887
BNL	Broadstone Net Lease, Inc.	90	$1,860
VGNT	Versigent PLC	43	$1,806
DAVE	Dave Inc./DE	4	$1,490
RSI	Rush Street Interactive, Inc.	50	$1,487
SPOT	Spotify Technology S.A.	3	$1,377
COCO	Vita Coco Company, Inc.	20	$1,322
CACC	Credit Acceptance Corp	2	$1,273
EBC	Eastern Bankshares, Inc.	55	$1,223
WRBY	Warby Parker Inc.	40	$1,213
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
CAAA	First Trust AAA CMBS ETF	900	$53,802
BSCA	Invesco BulletShares 2036 Corporate Bond ETF	2,594	$49,625
AEM	Agnico Eagle Mines Ltd	100	$20,298
HMC	Honda Motor Co Ltd	434	$10,550
RKT	Rocket Companies, Inc.	418	$5,956
BOC	BOSTON OMAHA Corp	509	$5,945
EPAM	EPAM Systems, Inc.	37	$5,009
GPCR	Structure Therapeutics Inc.	100	$4,820
SOFI	SoFi Technologies, Inc.	250	$3,970
JA	Janus Henderson AA-A CLO ETF	50	$2,518
BUYZ	Franklin Disruptive Commerce ETF	100	$2,414
BRBR	Bellring Brands, Inc.	113	$1,818
ZM	Zoom Communications, Inc.	10	$803
PRAA	Pra Group Inc	28	$490
IIIN	Insteel Industries Inc	13	$436
OXM	Oxford Industries Inc	10	$385
MNRO	Monro, Inc.	22	$352
ETD	Ethan Allen Interiors Inc	15	$333
FG	F&G Annuities & Life, Inc.	12	$303
FWRD	Forward Air Corp	15	$250
GDYN	Grid Dynamics Holdings, Inc.	35	$199
CABO	Cable One, Inc.	2	$182
DHC	Diversified Healthcare Trust	27	$179
GOGO	Gogo Inc.	40	$160
GRPN	Groupon, Inc.	12	$142
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,613 tracked positions · $4,192,310,949 total · filing declares 1,760 positions · $4,127,243,949 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 1,613 positions by value · page 1 of 33

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAXJ	iShares MSCI All Country Asia ex Japan ETF	Reduced	5,288,099	-28,198	$770,797,069	—	18.39%
VEA	Vanguard FTSE Developed Markets ETF	Added	3,755,844	+106,314	$267,603,885	+14.4%	6.38%
NNI	Nelnet Inc Financial Services	Reduced	1,179,351	-5,000	$157,242,868	+3.0%	3.75%
APH	Amphenol Corp /De/ Technology	Added	369,201	+4,217	$130,195,040	+41.2%	3.11%
AAPL	Apple Inc. Technology	Added	447,308	+6,997	$129,433,042	+15.8%	3.09%
GOOGL	Alphabet Inc. Communication Services	Added	336,670	+6,969	$119,697,843	+26.4%	2.86%
AMD	Advanced Micro Devices Inc Technology	Reduced	193,518	-781	$112,416,541	+184.4%	2.68%
MSFT	Microsoft Corp Technology	Added	282,623	+9,451	$105,424,031	+4.3%	2.51%
VEU	Vanguard FTSE All-World Ex-US ETF	Reduced	1,409,547	-100,151	$87,023,814	+3.2%	2.08%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	114,192	+2,606	$84,829,470	+5.1%	2.02%
AVGO	Broadcom Inc. Technology	Reduced	205,311	-7,703	$77,556,230	+17.6%	1.85%
BIV	Vanguard Intermediate-Term Bond ETF	Added	981,831	+5,259	$72,834,400	+0.2%	1.74%
WCC	Wesco International Inc Industrials	Reduced	174,057	-1,540	$60,124,509	+25.1%	1.43%
LLY	ELI LILLY & Co Healthcare	Reduced	44,397	-610	$53,251,098	+28.6%	1.27%
JPM	Jpmorgan Chase & Co Financial Services	Added	153,996	+1,567	$50,407,510	+12.4%	1.20%
WMT	Walmart Inc. Consumer Defensive	Reduced	405,094	-13,370	$45,880,946	−11.8%	1.09%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	95,452	+2,076	$45,585,011	+44.5%	1.09%
DELL	Dell Technologies Inc. Technology	Reduced	98,373	-1,522	$42,444,014	+158.9%	1.01%
VB	Vanguard Morningstar Small-Cap ETF	Added	135,680	+40,263	$42,151,770	+23.0%	1.01%
AMZN	Amazon Com Inc Consumer Cyclical	Added	171,378	+8,809	$40,846,232	+20.6%	0.97%
JNJ	Johnson & Johnson Healthcare	Added	159,376	+2,185	$40,476,722	+5.3%	0.97%
NVDA	Nvidia Corp Technology	Added	199,159	+13,817	$39,849,724	+23.3%	0.95%
XOM	ExxonMobil Holdings Corp Energy	Added	270,273	+2,990	$36,951,724	−18.5%	0.88%
CSCO	Cisco Systems, Inc. Technology	Reduced	301,674	-3,483	$35,434,628	+49.7%	0.85%
PANW	Palo Alto Networks Inc Technology	Added	101,488	+6,192	$34,609,437	+126.5%	0.83%
GS	Goldman Sachs Group Inc Financial Services	Added	32,556	+172	$32,926,161	+20.2%	0.79%
TXN	Texas Instruments Inc Technology	Added	104,902	+1,411	$31,268,139	+55.6%	0.75%
ORCL	Oracle Corp Technology	Added	211,699	+2,350	$31,024,488	+0.7%	0.74%
		Added	435,474	+9,411	$30,914,696	+8.6%	0.74%
LOW	Lowes Companies Inc Consumer Cyclical	Added	129,937	+3,352	$28,649,809	−4.2%	0.68%
CVS	CVS HEALTH Corp Healthcare	Added	262,608	+1,955	$27,166,797	+45.1%	0.65%
CAT	Caterpillar Inc Industrials	Reduced	25,053	-644	$26,678,939	+46.5%	0.64%
EMR	Emerson Electric Co Industrials	Added	185,400	+1,829	$26,540,010	+10.3%	0.63%
UNH	Unitedhealth Group Inc Healthcare	Added	63,018	+448	$26,192,171	+54.7%	0.62%
ASML	Asml Holding NV Technology	Added	12,630	+274	$25,126,625	+54.0%	0.60%
BAC	Bank Of America Corp /De/ Financial Services	Added	414,377	+7,043	$23,611,201	+18.9%	0.56%
PEP	Pepsico Inc Consumer Defensive	Added	172,175	+2,773	$23,312,495	−11.4%	0.56%
V	Visa Inc. Financial Services	Reduced	67,906	-188	$23,297,869	+13.2%	0.56%
UNP	Union Pacific Corp Industrials	Reduced	82,218	-78	$22,363,296	+12.0%	0.53%
RTX	RTX Corp Industrials	Reduced	114,759	-120	$21,773,225	−1.7%	0.52%
ABBV	AbbVie Inc. Healthcare	Added	85,666	+3,498	$21,556,992	+20.6%	0.51%
APD	Air Products & Chemicals, Inc. Basic Materials	Added	70,728	+495	$20,736,035	+1.6%	0.49%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	136,436	+1,090	$20,006,975	+2.3%	0.48%
BNDW	Vanguard Total World Bond ETF	Reduced	252,121	-20,437	$19,971,249	−7.7%	0.48%
MCD	Mcdonalds Corp Consumer Cyclical	Added	68,407	+1,158	$18,491,096	−11.5%	0.44%
DOV	DOVER Corp Industrials	Reduced	81,499	-672	$18,278,595	+6.7%	0.44%
CVX	Chevron Corp Energy	Added	110,157	+445	$18,259,624	−19.6%	0.44%
COF	Capital One Financial Corp Financial Services	Added	88,390	+2,212	$17,732,801	+12.8%	0.42%
VCHY	Vanguard U.S. High-Yield Corporate Bond Index ETF	Reduced	335,679	-13,052	$16,861,156	−3.2%	0.40%
MET	Metlife Inc Financial Services	Added	198,029	+499	$16,755,233	+19.9%	0.40%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.