FIRST FARMERS & MERCHANTS BANK / TRUST

CIK

1911040

Location

Columbia, TN

Portfolio Value

Micro $72,817,217

Diversification

Diversified

Filing Date

Global Rank

#6,191 / 6,827 ▲ 24 · as of Sep 2022

Top Industry

Drug Manufacturers - General 22.4%

Period ended 4 years ago

Filed Oct 31, 2022 · 4y

4 quarters · since Dec 2021

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2022, never from the firm's own description.

Style

Diversified active

Top 10 weight 51.5%, 18.8 effective positions, active share 63.8% against the S&P 500 as of 2022-09-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Short horizon

Value-weighted holding period 4.0 quarters (under 4)

Closest benchmark: the S&P 500 as of 2022-09-30, active share 63.8%; sector active share 17.9% against the combined 13F book's sector weights.

Over time 4 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

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

View clone backtest

Portfolio Concentration

83 tracked positions · as of Sep 30, 2022 · Δ vs Jun 30, 2022

Top Position

17.8%

+0.1 pts

Top 5

39.1%

+0.6 pts

Top 10

51.5%

+0.7 pts

HHI

531

Diversified+10

Portfolio Trend

4 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2022

Sector	% Portfolio	Value	Positions
Unclassified	23.7%	$17,230,493	18
Healthcare	20.6%	$14,972,019	12
Technology	14.8%	$10,767,838	9
Consumer Defensive	11.1%	$8,048,915	9
Industrials	7.3%	$5,309,389	9
Consumer Cyclical	6.7%	$4,901,637	7
Financial Services	5.8%	$4,226,739	10
Energy	4.8%	$3,497,349	2
Utilities	2.8%	$2,057,433	3
Communication Services	2.5%	$1,805,405	4

Last Quarter's Activity

Export CSV

Sep 30, 2022 vs Jun 30, 2022

Added To

Positions the filer increased

8 positions

Ticker	Company	Δ Shares	Shares	Value
GOOG	Alphabet Inc.	+3,443	3,624	$348,447
IEFA	iShares Core MSCI EAFE ETF	+1,262	27,997	$1,474,601
IEMG	iShares Trust	+599	14,294	$0
CVX	Chevron Corp	+89	9,076	$1,303,948
IVE	iShares S&P 500 Value ETF	+58	14,307	$1,838,735
MCD	Mcdonalds Corp	+31	5,281	$1,218,537
VO	VANGUARD MID-CAP INDEX FUND	+4	5,018	$943,283
VOE	VANGUARD MID-CAP VALUE INDEX FUND	+1	2,226	$271,060
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SYY	Sysco Corp	−2,954	18,443	$1,304,104
IJR	iShares Core S&P Small-Cap ETF	−596	23,033	$2,008,246
IJH	iShares Core S&P Mid-Cap ETF	−494	17,920	$3,929,139
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	−479	13,348	$991,488
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	−475	2,339	$221,924
NEE	Nextera Energy Inc	−420	14,808	$1,161,095
MRK	Merck & Co., Inc.	−415	70,844	$6,101,085
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	−398	9,696	$560,331
T	At&T Inc.	−375	40,842	$626,515
VZ	Verizon Communications Inc	−329	15,900	$603,723
CMCSA	Comcast Corp	−299	7,730	$226,720
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	−286	5,111	$251,870
VEA	Vanguard FTSE Developed Markets ETF	−270	8,125	$295,425
XOM	ExxonMobil Holdings Corp	−261	25,122	$2,193,401
BMY	Bristol Myers Squibb Co	−227	10,977	$780,354
SYK	Stryker Corp	−160	1,682	$340,672
JNJ	Johnson & Johnson	−151	10,484	$1,712,666
BAC	Bank Of America Corp	−150	7,367	$222,482
WM	Waste Management Inc	−150	6,557	$1,050,496
AAPL	Apple Inc.	−140	31,386	$4,337,545
KMB	Kimberly Clark Corp	−132	4,470	$503,053
PG	PROCTER & GAMBLE Co	−124	4,584	$578,729
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−120	1,687	$302,765
IEI	iShares 3-7 Year Treasury Bond ETF	−112	5,367	$613,340
GIS	General Mills Inc	−105	4,549	$348,498
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
BF-B	Brown Forman Corp	12,500	$832,125
DE	Deere & Co	640	$213,689
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
ORCL	Oracle Corp	3,360	$234,763
AMD	Advanced Micro Devices Inc	3,008	$230,021
LMT	Lockheed Martin Corp	485	$208,530
DUK	Duke Energy CORP	1,922	$206,056
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

83 tracked positions · $72,817,217 total · filing declares 123 positions · $75,399,000 · as of Sep 30, 2022

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 83 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
MRK	Merck & Co., Inc. Healthcare	Reduced	70,844	-415	$6,101,085	−6.1%	4	before history	8.38%
AAPL	Apple Inc. Technology	Reduced	31,386	-140	$4,337,545	+0.6%	4	before history	5.96%
IJH	iShares Core S&P Mid-Cap ETF	Reduced	17,920	-494	$3,929,139	−5.7%	4	before history	5.40%
MSFT	Microsoft Corp Technology	Reduced	12,071	-71	$2,811,335	−9.8%	4	before history	3.86%
XOM	ExxonMobil Holdings Corp Energy	Reduced	25,122	-261	$2,193,401	+0.9%	4	before history	3.01%
IJR	iShares Core S&P Small-Cap ETF	Reduced	23,033	-596	$2,008,246	−8.0%	4	before history	2.76%
IVW	iShares S&P 500 Growth ETF	Reduced	32,640	-73	$1,888,223	−4.4%	4	before history	2.59%
IVE	iShares S&P 500 Value ETF	Added	14,307	+58	$1,838,735	−6.1%	4	before history	2.53%
ABBV	AbbVie Inc. Healthcare	Reduced	13,141	-66	$1,763,653	−12.8%	4	before history	2.42%
PEP	Pepsico Inc Consumer Defensive	Reduced	10,501	-51	$1,714,393	−2.5%	4	before history	2.35%
JNJ	Johnson & Johnson Healthcare	Reduced	10,484	-151	$1,712,666	−9.3%	4	before history	2.35%
HD	Home Depot, Inc. Consumer Cyclical	Held	6,098	0	$1,682,682	+0.6%	4	before history	2.31%
IEFA	iShares Core MSCI EAFE ETF	Added	27,997	+1,262	$1,474,601	−6.3%	4	before history	2.03%
PFE	Pfizer Inc Healthcare	Reduced	32,841	-100	$1,437,122	−16.8%	4	before history	1.97%
SYY	Sysco Corp Consumer Defensive	Reduced	18,443	-2,954	$1,304,104	−28.1%	4	before history	1.79%
CVX	Chevron Corp Energy	Added	9,076	+89	$1,303,948	+0.2%	4	before history	1.79%
MCD	Mcdonalds Corp Consumer Cyclical	Added	5,281	+31	$1,218,537	−6.0%	4	before history	1.67%
NEE	Nextera Energy Inc Utilities	Reduced	14,808	-420	$1,161,095	−1.6%	4	before history	1.59%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	10,759	-25	$1,124,315	−7.4%	4	before history	1.54%
WMT	Walmart Inc. Consumer Defensive	Held	8,627	0	$1,118,920	+6.7%	4	before history	1.54%
WM	Waste Management Inc Industrials	Reduced	6,557	-150	$1,050,496	+2.4%	4	before history	1.44%
UPS	United Parcel Service Inc Industrials	Held	6,277	0	$1,013,985	−11.5%	4	before history	1.39%
CSCO	Cisco Systems, Inc. Technology	Reduced	25,340	-15	$1,013,600	−6.2%	4	before history	1.39%
TGT	Target Corp Consumer Defensive	Held	6,731	0	$998,813	+5.1%	4	before history	1.37%
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	Reduced	13,348	-479	$991,488	−6.0%	4	before history	1.36%
VO	VANGUARD MID-CAP INDEX FUND	Added	5,018	+4	$943,283	−4.5%	4	before history	1.30%
INTC	Intel Corp Technology	Reduced	32,301	-30	$832,396	−31.2%	4	before history	1.14%
BF-B	Brown Forman Corp Consumer Defensive	NEW	12,500	NEW	$832,125	NEW	1	$72.72	1.14%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	10,977	-227	$780,354	−9.5%	4	before history	1.07%
RTX	RTX Corp Industrials	Reduced	9,351	-12	$765,472	−14.9%	4	before history	1.05%
GPC	Genuine Parts Co Consumer Cyclical	Held	4,985	0	$744,360	+12.3%	4	before history	1.02%
IVV	iShares Core S&P 500 ETF	Reduced	2,033	-2	$729,134	−5.5%	4	before history	1.00%
ABT	Abbott Laboratories Healthcare	Held	7,231	0	$699,671	−10.9%	4	before history	0.96%
VCIT	VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND	Reduced	9,196	-75	$695,953	−6.2%	4	before history	0.96%
ITW	Illinois Tool Works Inc Industrials	Reduced	3,627	-100	$655,217	−3.5%	4	before history	0.90%
KO	Coca Cola Co Consumer Defensive	Reduced	11,608	-103	$650,280	−11.7%	4	before history	0.89%
LLY	ELI LILLY & Co Healthcare	Held	2,005	0	$648,316	−0.3%	4	before history	0.89%
T	At&T Inc. Communication Services	Reduced	40,842	-375	$626,515	−27.5%	4	before history	0.86%
IEI	iShares 3-7 Year Treasury Bond ETF	Reduced	5,367	-112	$613,340	−6.2%	4	before history	0.84%
VZ	Verizon Communications Inc Communication Services	Reduced	15,900	-329	$603,723	−26.7%	4	before history	0.83%
MCHP	Microchip Technology Inc Technology	Reduced	9,786	-100	$597,239	+4.0%	4	before history	0.82%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	4,584	-124	$578,729	−14.5%	4	before history	0.79%
MMM	3M Co Industrials	Reduced	5,098	-8	$563,328	−14.7%	4	before history	0.77%
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	Reduced	9,696	-398	$560,331	−5.7%	4	before history	0.77%
TFC	Truist Financial Corp Financial Services	Held	12,824	0	$558,356	−8.2%	4	before history	0.77%
QCOM	Qualcomm Inc Technology	Reduced	4,771	-59	$539,027	−12.6%	4	before history	0.74%
AXP	American Express Co Financial Services	Reduced	3,864	-100	$521,292	−5.1%	4	before history	0.72%
UNP	Union Pacific Corp Industrials	Held	2,621	0	$510,623	−8.7%	4	before history	0.70%
KMB	Kimberly Clark Corp Consumer Defensive	Reduced	4,470	-132	$503,053	−19.1%	4	before history	0.69%
UNH	Unitedhealth Group Inc Healthcare	Reduced	955	-32	$482,313	−4.9%	4	before history	0.66%

Showing the top 50 of 83 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.