SEC 13F Intelligence

Managers / Q1 2021 · view latest →

MONARCH CAPITAL MANAGEMENT INC

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

Reported Value
$337M
Q1 2021
Positions
110
Filings on Record
30
2019–present window
Filed
Apr 27, 2021
original filing

Summary

Monarch Capital Management Inc reported $337M in U.S.-listed holdings across 110 positions for Q1 2021.

Its largest position, MSFT, represents 4.2% of the portfolio.

Compared with Q4 2020, the fund opened 6 new positions and exited 0.

Portfolio Metrics

Turnover
+1.7%
vs prior filed quarter
Top-10 Concentration
+32.1%
share of reported value
Largest Position
+4.2%
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: 88.4%Other: 7.2%ETP: 3.5%ADR: 0.9%
  • Common Stock · 88.4% · $298M
  • Other · 7.2% · $24M
  • ETP · 3.5% · $12M
  • ADR · 0.9% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INTELLIGENT SYSTEMSNEW+20.5K20.5K+$839,000$839,000
VANGUARD SHORT TERM BOND ETFNEW+6.9K6.9K+$571,000$571,000
BABAALIBABA GROUP ADSNEW+1.7K1.7K+$391,000$391,000
DEDEERE & CONEW+605605+$226,000$226,000
VANGUARD TOTAL STOCK MARKET ETNEW+1.0K1.0K+$215,000$215,000
AMATAPPLIED MATERIALSNEW+1.5K1.5K+$200,000$200,000
VTRSVIATRISADDED+27.1K47.3K+$282,000$661,000
VANGUARD MALVERN FDS STRM INFPADDED+19.0K44.4K+$989,000$2M

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

Holdings — Q1 2021

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFThistory →COM4.21%$14M60.3K
2LKFNLAKELAND FINANCIALhistory →COM4.02%$14M195.9K
3HDHOME DEPOThistory →COM3.36%$11M37.2K
4MRKMERCK & COhistory →COM3.17%$11M138.7K
5MCDMCDONALDShistory →COM3.14%$11M47.2K
6FELEFRANKLIN ELECTRIChistory →COM3.09%$10M132.2K
7JNJJOHNSON & JOHNSONhistory →COM2.89%$10M59.2K
8AAPLAPPLEhistory →COM2.88%$10M79.5K
9WMTWALMART STOREShistory →COM2.75%$9M68.3K
10CSCOCISCO SYSTEMShistory →COM2.56%$9M166.8K
11ADPAUTOMATIC DATA PROCESSINGhistory →COM2.52%$8M45.1K
12MEDTRONIC PLCCOM2.40%$8M68.4K
13ABTABBOTT LABShistory →COM2.34%$8M66.0K
14MMM3Mhistory →COM2.26%$8M39.5K
15WBAWALGREENS BOOTS ALLIANCEhistory →COM2.20%$7M134.9K
16PGPROCTER & GAMBLEhistory →COM2.16%$7M53.9K
17KOCOCA COLAhistory →COM2.12%$7M135.5K
18EMREMERSON ELECTRIChistory →COM2.07%$7M77.4K
19ACCENTURE PLCCOM2.05%$7M25.0K
20ABBVABBVIEhistory →COM2.02%$7M63.0K
21INTCINTELhistory →COM1.88%$6M99.2K
22ZBHZIMMER BIOMEThistory →COM1.84%$6M38.8K
23SYYSYSCOhistory →COM1.80%$6M77.2K
24USBUS BANCORPhistory →COM1.69%$6M103.0K
25KRKROGERhistory →COM1.68%$6M157.1K
26SYKSTRYKERhistory →COM1.61%$5M22.3K
27NEENEXTERA ENERGYhistory →COM1.45%$5M64.5K
28VANGUARD FTSE EMERGING MARKETSCOM1.44%$5M93.5K
29PFEPFIZERhistory →COM1.28%$4M119.1K
30AFLAFLAChistory →COM1.28%$4M84.1K
31GILDGILEAD SCIENCEShistory →COM1.24%$4M64.5K
32GPCGENUINE PARTShistory →COM1.18%$4M34.4K
33PWRQUANTA SERVICEShistory →COM1.12%$4M43.0K
34ALPHABET CLASS CCOM1.11%$4M1.8K
35JPMJPMORGAN CHASEhistory →COM1.06%$4M23.5K
36EXMOCEXXON MOBILhistory →COM1.06%$4M63.9K
37CINFCINCINNATI FINANCIALhistory →COM1.04%$4M34.1K
38TAT&TCOM0.96%$3M107.2K
39DYHTARGETCOM0.88%$3M15.0K
40STLDSTEEL DYNAMICSCOM0.86%$3M57.4K
41FISVFISERVCOM0.81%$3M22.8K
42FFIVF5 NETWORKSCOM0.73%$2M11.8K
43FLSFLOWSERVECOM0.73%$2M63.3K
44DISDISNEY WALTCOM0.71%$2M13.0K
45VANGUARD MALVERN FDS STRM INFPCOM0.68%$2M44.4K
46JECUSDJACOBS ENGINEERINGCOM0.61%$2M15.8K
47VODVODAFONE GROUP PLCCOM0.55%$2M101.2K
48APDAIR PRODUCTS & CHEMICALSCOM0.55%$2M6.6K
49CARRCARRIERCOM0.54%$2M43.0K
50PPLPPLCOM0.54%$2M62.8K

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 ↗.