SEC 13F Intelligence

Managers / Q3 2021 · view latest →

MONARCH CAPITAL MANAGEMENT INC

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

Reported Value
$360M
Q3 2021
Positions
118
Filings on Record
30
2019–present window
Filed
Nov 4, 2021
original filing

Summary

Monarch Capital Management Inc reported $360M in U.S.-listed holdings across 118 positions for Q3 2021.

Its largest position, MSFT, represents 4.8% of the portfolio.

Compared with Q2 2021, the fund opened 9 new positions and exited 2.

Portfolio Metrics

Turnover
+2.8%
vs prior filed quarter
Top-10 Concentration
+32.2%
share of reported value
Largest Position
+4.8%
Microsoft
New / Exited
9 / 2
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: 87.2%Other: 7.1%ETP: 4.9%ADR: 0.8%
  • Common Stock · 87.2% · $314M
  • Other · 7.1% · $26M
  • ETP · 4.9% · $17M
  • ADR · 0.8% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GENERAL ELECTRICNEW+14.9K14.9K+$2M$2M
VVISANEW+1.8K1.8K+$408,000$408,000
VGSHVANGUARD SCOTTSDALE FD SHORT TNEW+6.1K6.1K+$375,000$375,000
VANGUARD WHITEHALL INTL HIGH DNEW+5.6K5.6K+$371,000$371,000
SPDR SER TR NUVEEN BLMBRG SRNEW+6.3K6.3K+$310,000$310,000
ISHARES RUSSELL MID-CAP GROWTHNEW+2.4K2.4K+$264,000$264,000
DDOMINION ENERGYNEW+3.4K3.4K+$245,000$245,000
TSMTAIWAN SEMICONDUCTOR ADRNEW+2.0K2.0K+$221,000$221,000

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

Holdings — Q3 2021

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFThistory →COM4.78%$17M61.0K
2LKFNLAKELAND FINANCIALhistory →COM3.87%$14M195.5K
3HDHOME DEPOThistory →COM3.48%$13M38.1K
4AAPLAPPLEhistory →COM3.34%$12M84.9K
5MCDMCDONALDShistory →COM3.18%$11M47.4K
6MRKMERCK & COhistory →COM2.92%$11M139.8K
7FELEFRANKLIN ELECTRIChistory →COM2.88%$10M129.8K
8JNJJOHNSON & JOHNSONhistory →COM2.67%$10M59.4K
9WMTWALMART STOREShistory →COM2.60%$9M67.1K
10CSCOCISCO SYSTEMShistory →COM2.51%$9M165.8K
11ADPAUTOMATIC DATA PROCESSINGhistory →COM2.48%$9M44.6K
12MEDTRONIC PLCCOM2.29%$8M65.8K
13ABTABBOTT LABShistory →COM2.20%$8M66.9K
14PGPROCTER & GAMBLEhistory →COM2.14%$8M55.2K
15ACCENTURE PLCCOM2.12%$8M23.8K
16ALPHABET CLASS CCOM2.00%$7M2.7K
17ABBVABBVIEhistory →COM1.98%$7M66.1K
18EMREMERSON ELECTRIChistory →COM1.97%$7M75.3K
19MMM3Mhistory →COM1.96%$7M40.2K
20KOCOCA COLAhistory →COM1.94%$7M133.0K
21WBAWALGREENS BOOTS ALLIANCEhistory →COM1.78%$6M136.2K
22KRKROGERhistory →COM1.78%$6M157.9K
23USBUS BANCORPhistory →COM1.71%$6M103.2K
24SYYSYSCOhistory →COM1.65%$6M75.8K
25SYKSTRYKERhistory →COM1.61%$6M22.0K
26ZBHZIMMER BIOMEThistory →COM1.59%$6M39.1K
27VANGUARD SHORT-TERM TIPS ETFCOM1.49%$5M101.9K
28NEENEXTERA ENERGYhistory →COM1.47%$5M67.4K
29JPMJPMORGAN CHASEhistory →COM1.45%$5M32.0K
30INTCINTELhistory →COM1.45%$5M97.6K
31PFEPFIZERhistory →COM1.43%$5M119.4K
32VANGUARD FTSE EMERGING MARKETSCOM1.37%$5M98.6K
33PWRQUANTA SERVICEShistory →COM1.34%$5M42.4K
34AFLAFLAChistory →COM1.20%$4M83.0K
35GILDGILEAD SCIENCEShistory →COM1.17%$4M60.2K
36GPCGENUINE PARTShistory →COM1.12%$4M33.2K
37CINFCINCINNATI FINANCIALhistory →COM1.01%$4M31.9K
38EXMOCEXXON MOBILCOM1.00%$4M60.9K
39DYHTARGETCOM0.90%$3M14.2K
40STLDSTEEL DYNAMICSCOM0.87%$3M53.7K
41TAT&TCOM0.81%$3M107.5K
42FISVFISERVCOM0.74%$3M24.7K
43FFIVF5 NETWORKSCOM0.71%$3M12.8K
44DISDISNEY WALTCOM0.65%$2M13.7K
45CARRCARRIERCOM0.63%$2M43.7K
46FLSFLOWSERVECOM0.58%$2M60.5K
47UPSUNITED PARCEL SERVICECOM0.57%$2M11.3K
48JECUSDJACOBS ENGINEERINGCOM0.56%$2M15.2K
49VANGUARD DEVELOPED MARKETS ETFCOM0.53%$2M37.5K

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 ↗.