SEC 13F Intelligence

Managers / Q3 2020 · view latest →

MONARCH CAPITAL MANAGEMENT INC

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

Reported Value
$288M
Q3 2020
Positions
99
Filings on Record
30
2019–present window
Filed
Oct 22, 2020
original filing

Summary

Monarch Capital Management Inc reported $288M in U.S.-listed holdings across 99 positions for Q3 2020.

Its largest position, MSFT, represents 4.6% of the portfolio.

Compared with Q2 2020, the fund opened 5 new positions and exited 0.

Portfolio Metrics

Turnover
+3.2%
vs prior filed quarter
Top-10 Concentration
+34.6%
share of reported value
Largest Position
+4.6%
Microsoft

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: 95.2%ETP: 2.2%Other: 1.9%ADR: 0.7%
  • Common Stock · 95.2% · $274M
  • ETP · 2.2% · $6M
  • Other · 1.9% · $6M
  • ADR · 0.7% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FISVFISERVNEW+16.1K16.1K+$2M$2M
AMZNAMAZON.COMNEW+7070+$220,000$220,000
METAFACEBOOKNEW+810810+$212,000$212,000
CATCATERPILLARNEW+1.4K1.4K+$211,000$211,000
ORCLORACLENEW+3.5K3.5K+$209,000$209,000
AAPLAPPLEADDED+61.4K83.2K+$2M$10M
FFIVF5 NETWORKSADDED+1.6K12.2K+$14,000$1M
WFCWELLS FARGOTRIMMED−3.8K32.5K−$166,000$764,000

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

Holdings — Q3 2020

98 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFThistory →COM4.57%$13M62.5K
2MRKMERCK & COhistory →COM4.05%$12M140.4K
3MCDMCDONALDShistory →COM3.74%$11M49.1K
4HDHOME DEPOThistory →COM3.73%$11M38.7K
5WMTWALMART STOREShistory →COM3.42%$10M70.3K
6AAPLAPPLEhistory →COM3.35%$10M83.2K
7JNJJOHNSON & JOHNSONhistory →COM3.20%$9M61.9K
8FELEFRANKLIN ELECTRIChistory →COM2.91%$8M142.2K
9LKFNLAKELAND FINANCIALhistory →COM2.89%$8M201.6K
10PGPROCTER & GAMBLEhistory →COM2.75%$8M56.9K
11ABTABBOTT LABShistory →COM2.71%$8M71.6K
12MDTMEDTRONIC PLChistory →COM2.63%$8M72.9K
13KOCOCA COLAhistory →COM2.40%$7M139.9K
14CSCOCISCO SYSTEMShistory →COM2.35%$7M171.6K
15MMM3Mhistory →COM2.26%$7M40.7K
16ADPAUTOMATIC DATA PROCESSINGhistory →COM2.25%$6M46.5K
17ACNACCENTURE PLChistory →COM2.13%$6M27.1K
18INTCINTELhistory →COM2.10%$6M116.9K
19ZBHZIMMER BIOMEThistory →COM2.03%$6M42.9K
20EMREMERSON ELECTRIChistory →COM1.96%$6M86.2K
21ABBVABBVIEhistory →COM1.95%$6M64.1K
22KRKROGERhistory →COM1.86%$5M158.0K
23SYYSYSCOhistory →COM1.81%$5M83.7K
24WBAWALGREENS BOOTS ALLIANCEhistory →COM1.72%$5M138.2K
25SYKSTRYKERhistory →COM1.65%$5M22.8K
26NEENEXTERA ENERGYhistory →COM1.57%$5M16.3K
27PFEPFIZERhistory →COM1.48%$4M116.1K
28GILDGILEAD SCIENCEShistory →COM1.44%$4M65.5K
29ALPHABET CLASS CCOM1.41%$4M2.8K
30VWOVANGUARD FTSE EMERGING MARKETShistory →COM1.39%$4M92.4K
31USBUS BANCORPhistory →COM1.33%$4M106.7K
32GPCGENUINE PARTShistory →COM1.28%$4M38.7K
33AFLAFLAChistory →COM1.14%$3M90.0K
34TAT&Thistory →COM1.05%$3M105.7K
35CINFCINCINNATI FINANCIALhistory →COM1.03%$3M37.9K
36PWRQUANTA SERVICESCOM0.94%$3M51.1K
37EXMOCEXXON MOBILCOM0.92%$3M77.6K
38TGTTARGETCOM0.85%$2M15.6K
39JPMJPMORGAN CHASECOM0.84%$2M25.0K
40FLSFLOWSERVECOM0.74%$2M77.6K
41APDAIR PRODUCTS & CHEMICALSCOM0.69%$2M6.6K
42RTXRAYTHEON TECHNOLOGIESCOM0.64%$2M32.0K
43PPLPPLCOM0.62%$2M65.2K
44UPSUNITED PARCEL SERVICECOM0.61%$2M10.5K
45STLDSTEEL DYNAMICSCOM0.60%$2M60.8K
46DISDISNEY WALTCOM0.59%$2M13.7K
47FISVFISERVCOM0.58%$2M16.1K
48BMYBRISTOL-MYERS SQUIBBCOM0.54%$2M25.6K
49PEPPEPSICOCOM0.53%$2M11.0K
50JACOBS ENGINEERINGCOM0.52%$2M16.2K
51FFIVF5 NETWORKSCOM0.52%$1M12.2K
52VODVODAFONE GROUP PLCCOM0.51%$1M110.2K
53CARRCARRIERCOM0.43%$1M40.7K
54OTISOTIS WORLDWIDECOM0.41%$1M18.9K
55BRK/BBERKSHIRE HATHAWAY BCOM0.41%$1M5.5K
56CVXCHEVRONCOM0.41%$1M16.2K
57RCIROGERS COMMUNICATIONSCOM0.35%$1M25.7K
58PMPHILIP MORRIS INTERNATIONALCOM0.32%$931,00012.4K
59AESAES CORPCOM0.32%$927,00051.2K
60NTRSNORTHERN TRUSTCOM0.32%$923,00011.8K
61CBCHUBBCOM0.32%$909,0007.8K
62GENERAL ELECTRICCOM0.30%$856,000137.4K
63KMBKIMBERLY-CLARKCOM0.28%$792,0005.4K
64WFCWELLS FARGOCOM0.27%$764,00032.5K
65VZVERIZON COMMUNICATIONSCOM0.26%$756,00012.7K
66ADMARCHER DANIELS MIDLANDCOM0.26%$752,00016.2K
67NSCNORFOLK SOUTHERNCOM0.26%$735,0003.4K
68VEAVANGUARD DEVELOPED MARKETS ETFCOM0.25%$710,00017.4K
69LINDE PLCCOM0.23%$661,0002.8K
70PLXSPLEXUSCOM0.23%$660,0009.3K
71EEMISHARES MSCI EMERGING MARKET ECOM0.21%$617,00014.0K
72MOALTRIACOM0.21%$616,00015.9K
73BPBP PLC ADRCOM0.21%$613,00035.1K
74CLCOLGATE-PALMOLIVECOM0.20%$575,0007.4K
75CNICANADIAN NATIONAL RAILWAYCOM0.19%$534,0005.0K
76GWWGRAINGER WWCOM0.18%$532,0001.5K
77ELVANTHEMCOM0.18%$526,0002.0K
78COSTCOSTCO WHOLESALECOM0.18%$523,0001.5K
79PNCPNC FINANCIAL SERVICESCOM0.16%$448,0004.1K
80CHKPCHECK POINT SOFTWARECOM0.15%$421,0003.5K
81DGDOLLAR GENERALCOM0.14%$406,0001.9K
82ITWILLINOIS TOOL WORKSCOM0.13%$388,0002.0K
83SPYS&P 500 INDEX ETFCOM0.13%$362,0001.1K
84NKENIKECOM0.12%$336,0002.7K
85BRK/ABERKSHIRE HATHAWAY ACOM0.11%$320,0001
86GDXVANECK GOLD MINERS ETFCOM0.11%$317,0008.1K
87STZCONSTELLATION BRANDSCOM0.11%$305,0001.6K
88BKHBLACK HILLSCOM0.10%$289,0005.4K
89TLTISHARES 20YR TREASURY BOND ETFCOM0.10%$287,0001.8K
90ECLECOLABCOM0.10%$274,0001.4K
91VRAVERA BRADLEYCOM0.09%$266,00043.5K
92LLYLILLY ELICOM0.09%$256,0001.7K
93FRMEFIRST MERCHANTSCOM0.08%$230,0009.9K
94AMZNAMAZON.COMCOM0.08%$220,00070
95METAFACEBOOKCOM0.07%$212,000810
96CATCATERPILLARCOM0.07%$211,0001.4K
97ORCLORACLECOM0.07%$209,0003.5K
98MATMATTELCOM0.05%$147,00012.6K

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 ↗.