SEC 13F Intelligence

Managers / Q1 2020 · view latest →

MONARCH CAPITAL MANAGEMENT INC

CIK 0000938759 · 127 WEST BERRY STREET STE 402, FORT WAYNE, IN, 46802 · 2604222765

Reported Value
$245M
Q1 2020
Positions
90
Filings on Record
30
2019–present window
Filed
Apr 30, 2020
original filing

Summary

Monarch Capital Management Inc reported $245M in U.S.-listed holdings across 90 positions for Q1 2020.

Its largest position, MRK, represents 4.4% of the portfolio.

Compared with Q4 2019, the fund opened 1 new position and exited 15.

Portfolio Metrics

Turnover
+1.1%
vs prior filed quarter
Top-10 Concentration
+32.8%
share of reported value
Largest Position
+4.4%
Merck
New / Exited
1 / 15
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $247MQ4 ’18Q1 ’19: $276MQ2 ’19: $280MQ3 ’19: $286MQ4 ’19: $306MQ4 ’19Q1 ’20: $245MQ2 ’20: $274MQ3 ’20: $288MQ4 ’20: $318MQ4 ’20Q1 ’21: $337MQ2 ’21: $350MQ3 ’21: $360MQ4 ’21: $390MQ4 ’21Q1 ’22: $378MQ2 ’22: $336MQ3 ’22: $307MQ4 ’22: $326MQ4 ’22Q1 ’23: $326MQ2 ’23: $330MQ3 ’23: $311MQ4 ’23: $330MQ4 ’23Q1 ’24: $354MQ2 ’24: $340MQ3 ’24: $371MQ4 ’24: $365MQ4 ’24Q1 ’25: $360MQ2 ’25: $372MQ3 ’25: $408MQ4 ’25: $407MQ4 ’25Q1 ’26: $409Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 89.8%Other: 7.2%ETP: 2.0%ADR: 1.0%
  • Common Stock · 89.8% · $220M
  • Other · 7.2% · $18M
  • ETP · 2.0% · $5M
  • ADR · 1.0% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LINDE PLCNEW+3.2K3.2K+$560,000$560,000
FFIVF5 NETWORKSADDED+7.1K10.0K+$660,000$1M
AESAESADDED+29.8K50.0K+$277,000$679,000
SLBSCHLUMBERGERSOLD OUT−22.0K0−$884,000$0
LINDE PLCSOLD OUT−3.5K0−$753,000$0
SRCLEURSTERICYCLESOLD OUT−6.1K0−$389,000$0
MDLZMONDELEZ INTLSOLD OUT−5.3K0−$291,000$0
NUENUCORSOLD OUT−4.4K0−$249,000$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MRKMERCK & COhistory →COM4.39%$11M139.8K
2MSFTMICROSOFThistory →COM4.09%$10M63.5K
3WMTWALMART STOREShistory →COM3.40%$8M73.4K
4JNJJOHNSON & JOHNSONhistory →COM3.35%$8M62.6K
5MCDMCDONALDShistory →COM3.31%$8M49.1K
6LKFNLAKELAND FINANCIALhistory →COM3.05%$7M203.2K
7HDHOME DEPOThistory →COM3.04%$7M39.9K
8FELEFRANKLIN ELECTRIChistory →COM2.79%$7M144.8K
9INTCINTELhistory →COM2.73%$7M123.7K
10MEDTRONIC PLCCOM2.69%$7M73.2K
11CSCOCISCO SYSTEMShistory →COM2.69%$7M167.9K
12PGPROCTER & GAMBLEhistory →COM2.63%$6M58.6K
13ADPAUTOMATIC DATA PROCESSINGhistory →COM2.63%$6M47.1K
14WBAWALGREENS BOOTS ALLIANCEhistory →COM2.62%$6M140.3K
15KOCOCA COLAhistory →COM2.54%$6M140.7K
16ABTABBOTT LABShistory →COM2.45%$6M76.2K
17AAPLAPPLEhistory →COM2.35%$6M22.7K
18MMM3Mhistory →COM2.24%$5M40.1K
19GILDGILEAD SCIENCEShistory →COM2.05%$5M67.1K
20ACCENTURE PLCCOM1.99%$5M29.9K
21ABBVABBVIEhistory →COM1.96%$5M63.2K
22KRKROGERhistory →COM1.94%$5M158.2K
23ZBHZIMMER BIOMET HOLDINGShistory →COM1.88%$5M45.5K
24EMREMERSON ELECTRIChistory →COM1.72%$4M88.3K
25NEENEXTERA ENERGYhistory →COM1.67%$4M17.0K
26PFEPFIZERhistory →COM1.64%$4M123.3K
27SYYSYSCOhistory →COM1.58%$4M84.8K
28SYKSTRYKERhistory →COM1.53%$4M22.5K
29UTXZUNITED TECHNOLOGIEShistory →COM1.45%$4M37.7K
30USBUS BANCORPhistory →COM1.40%$3M99.5K
31TAT & Thistory →COM1.27%$3M106.4K
32VANGUARD FTSE EMERGING MARKETSCOM1.26%$3M92.2K
33AFLAFLAChistory →COM1.23%$3M88.1K
34EXMOCEXXON MOBILhistory →COM1.23%$3M79.2K
35CINFCINCINNATI FINANCIALhistory →COM1.20%$3M39.0K
36GPCGENUINE PARTShistory →COM1.05%$3M38.4K
37JPMJPMORGAN CHASECOM0.96%$2M26.2K
38ALPHABET CLASS CCOM0.92%$2M1.9K
39FLSFLOWSERVECOM0.87%$2M88.8K
40PWRQUANTA SERVICESCOM0.71%$2M54.6K
41DYHTARGETCOM0.69%$2M18.2K
42VODVODAFONE GROUP PLCCOM0.62%$2M111.2K
43PPLPPLCOM0.61%$1M60.6K
44BMYBRISTOL-MYERS SQUIBBCOM0.61%$1M26.8K
45PEPPEPSICOCOM0.59%$1M12.1K
46JECUSDJACOBS ENGINEERINGCOM0.58%$1M18.0K
47STLDSTEEL DYNAMICSCOM0.58%$1M63.4K
48APDAIR PRODUCTS & CHEMICALSCOM0.55%$1M6.7K
49DISDISNEY WALTCOM0.54%$1M13.7K
50GENERAL ELECTRICCOM0.51%$1M157.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$409M127Apr 16, 202613F-HRchanges · EDGAR ↗
Q4 2025$407M124Jan 23, 202613F-HRchanges · EDGAR ↗
Q3 2025$408M122Oct 20, 202513F-HRchanges · EDGAR ↗
Q2 2025$372M117Aug 20, 202513F-HRchanges · EDGAR ↗
Q1 2025$360M115Apr 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$365M114Jan 15, 202513F-HRchanges · EDGAR ↗
Q3 2024$371M118Oct 16, 202413F-HRchanges · EDGAR ↗
Q2 2024$340M114Jul 24, 202413F-HRchanges · EDGAR ↗
Q1 2024$354M116Apr 25, 202413F-HRchanges · EDGAR ↗
Q4 2023$330M112Jan 17, 202413F-HRchanges · EDGAR ↗
Q3 2023$311M109Nov 2, 202313F-HRchanges · EDGAR ↗
Q2 2023$330M111Aug 1, 202313F-HRchanges · EDGAR ↗
Q1 2023$326M111Apr 25, 202313F-HRchanges · EDGAR ↗
Q4 2022$326M109Jan 26, 202313F-HRchanges · EDGAR ↗
Q3 2022$307M113Oct 20, 202213F-HRchanges · EDGAR ↗
Q2 2022$336M121Jul 20, 202213F-HRchanges · EDGAR ↗
Q1 2022$378M123Apr 20, 202213F-HRchanges · EDGAR ↗
Q4 2021$390M123Jan 19, 202213F-HRchanges · EDGAR ↗
Q3 2021$360M118Nov 4, 202113F-HRchanges · EDGAR ↗
Q2 2021$350M111Jul 22, 202113F-HRchanges · EDGAR ↗
Q1 2021$337M110Apr 27, 202113F-HRchanges · EDGAR ↗
Q4 2020$318M104Jan 26, 202113F-HRchanges · EDGAR ↗
Q3 2020$288M99Oct 22, 202013F-HRchanges · EDGAR ↗
Q2 2020$274M94Jul 23, 202013F-HRchanges · EDGAR ↗
Q1 2020$245M90Apr 30, 202013F-HRchanges · EDGAR ↗
Q4 2019$306M104Jan 28, 202013F-HRchanges · EDGAR ↗
Q3 2019$286M98Oct 30, 201913F-HRchanges · EDGAR ↗
Q2 2019$280M99Jul 31, 201913F-HRchanges · EDGAR ↗
Q1 2019$276M98May 1, 201913F-HRchanges · EDGAR ↗
Q4 2018$247M92Jan 23, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.