SEC 13F Intelligence

Managers / Q4 2020 · view latest →

MONARCH CAPITAL MANAGEMENT INC

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

Reported Value
$318M
Q4 2020
Positions
104
Filings on Record
30
2019–present window
Filed
Jan 26, 2021
original filing

Summary

Monarch Capital Management Inc reported $318M in U.S.-listed holdings across 104 positions for Q4 2020.

Its largest position, MSFT, represents 4.3% of the portfolio.

Compared with Q3 2020, the fund opened 5 new positions and exited 0.

Portfolio Metrics

Turnover
+0.9%
vs prior filed quarter
Top-10 Concentration
+33.0%
share of reported value
Largest Position
+4.3%
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. 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: 88.7%Other: 7.6%ETP: 3.0%ADR: 0.7%
  • Common Stock · 88.7% · $282M
  • Other · 7.6% · $24M
  • ETP · 3.0% · $10M
  • ADR · 0.7% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD MALVERN FDS STRM INFPNEW+25.5K25.5K+$1M$1M
VTRSVIATRISNEW+20.2K20.2K+$379,000$379,000
CITCINTASNEW+800800+$283,000$283,000
WISDOMTREE TREE INDIA EARNINGSNEW+7.9K7.9K+$231,000$231,000
NUENUCORNEW+4.3K4.3K+$230,000$230,000
NEENEXTERA ENERGYADDED+48.6K64.9K+$480,000$5M
VANGUARD DEVELOPED MARKETS ETFADDED+16.6K33.9K+$892,000$2M
FISVFISERVADDED+4.1K20.2K+$636,000$2M

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

Holdings — Q4 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFThistory →COM4.33%$14M61.9K
2MRKMERCK & COhistory →COM3.59%$11M139.6K
3LKFNLAKELAND FINANCIALhistory →COM3.39%$11M201.0K
4AAPLAPPLEhistory →COM3.34%$11M79.9K
5MCDMCDONALDShistory →COM3.23%$10M47.9K
6HDHOME DEPOThistory →COM3.22%$10M38.5K
7WMTWALMART STOREShistory →COM3.12%$10M68.9K
8JNJJOHNSON & JOHNSONhistory →COM3.05%$10M61.6K
9FELEFRANKLIN ELECTRIChistory →COM3.04%$10M139.6K
10MEDTRONIC PLCCOM2.66%$8M72.1K
11ADPAUTOMATIC DATA PROCESSINGhistory →COM2.54%$8M45.8K
12PGPROCTER & GAMBLEhistory →COM2.44%$8M55.8K
13CSCOCISCO SYSTEMShistory →COM2.42%$8M171.5K
14ABTABBOTT LABShistory →COM2.40%$8M69.8K
15KOCOCA COLAhistory →COM2.37%$8M137.3K
16MMM3Mhistory →COM2.23%$7M40.5K
17ACCENTURE PLCCOM2.21%$7M26.9K
18ABBVABBVIEhistory →COM2.11%$7M62.5K
19EMREMERSON ELECTRIChistory →COM2.10%$7M82.9K
20ZBHZIMMER BIOMEThistory →COM2.01%$6M41.5K
21SYYSYSCOhistory →COM1.92%$6M82.0K
22INTCINTELhistory →COM1.80%$6M114.5K
23SYKSTRYKERhistory →COM1.75%$6M22.7K
24WBAWALGREENS BOOTS ALLIANCEhistory →COM1.72%$5M137.1K
25NEENEXTERA ENERGYhistory →COM1.58%$5M64.9K
26KRKROGERhistory →COM1.57%$5M157.5K
27USBUS BANCORPhistory →COM1.53%$5M104.1K
28VANGUARD FTSE EMERGING MARKETSCOM1.48%$5M93.9K
29PFEPFIZERhistory →COM1.33%$4M114.8K
30AFLAFLAChistory →COM1.25%$4M89.2K
31GILDGILEAD SCIENCEShistory →COM1.23%$4M67.4K
32GPCGENUINE PARTShistory →COM1.15%$4M36.5K
33ALPHABET CLASS CCOM1.05%$3M1.9K
34PWRQUANTA SERVICEShistory →COM1.03%$3M45.3K
35CINFCINCINNATI FINANCIALCOM0.99%$3M36.2K
36JPMJPMORGAN CHASECOM0.99%$3M24.8K
37TAT&TCOM0.97%$3M106.8K
38EXMOCEXXON MOBILCOM0.90%$3M69.4K
39DYHTARGETCOM0.86%$3M15.4K
40FLSFLOWSERVECOM0.84%$3M72.7K
41DISDISNEY WALTCOM0.77%$2M13.4K
42FISVFISERVCOM0.72%$2M20.2K
43STLDSTEEL DYNAMICSCOM0.68%$2M58.9K
44FFIVF5 NETWORKSCOM0.67%$2M12.0K
45RTXRAYTHEON TECHNOLOGIESCOM0.62%$2M27.7K
46PPLPPLCOM0.59%$2M66.6K
47APDAIR PRODUCTS & CHEMICALSCOM0.57%$2M6.6K
48UPSUNITED PARCEL SERVICECOM0.55%$2M10.5K
49JECUSDJACOBS ENGINEERINGCOM0.55%$2M16.1K
50VODVODAFONE GROUP PLCCOM0.53%$2M102.5K

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 ↗.