SEC 13F Intelligence

Managers / Q1 2022 · view latest →

MONARCH CAPITAL MANAGEMENT INC

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

Reported Value
$378M
Q1 2022
Positions
123
Filings on Record
30
2019–present window
Filed
Apr 20, 2022
original filing

Summary

Monarch Capital Management Inc reported $378M in U.S.-listed holdings across 123 positions for Q1 2022.

Its largest position, MSFT, represents 4.9% of the portfolio.

Compared with Q4 2021, the fund opened 3 new positions and exited 3.

Portfolio Metrics

Turnover
+4.3%
vs prior filed quarter
Top-10 Concentration
+32.1%
share of reported value
Largest Position
+4.9%
Microsoft
New / Exited
3 / 3
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: 88.4%Other: 6.8%ETP: 4.1%ADR: 0.7%
  • Common Stock · 88.4% · $334M
  • Other · 6.8% · $26M
  • ETP · 4.1% · $16M
  • ADR · 0.7% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SMGSCOTTS MIRACLE-GRONEW+7.4K7.4K+$909,000$909,000
CONOCOPHILLIPSNEW+2.5K2.5K+$249,000$249,000
CTSHCOGNIZANT TECHNOLOGY SOLUTIONSNEW+2.2K2.2K+$200,000$200,000
SHWSHERWIN WILLIAMSADDED+1.0K1.7K+$192,000$412,000
METAFACEBOOKSOLD OUT−7390−$249,000$0
MDLZMONDELEZ INTLSOLD OUT−3.1K0−$203,000$0
ISHARES TR NATIONAL MUN ETFSOLD OUT−1.7K0−$201,000$0
CORECARDADDED+21.4K61.6K+$129,000$2M

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

Holdings — Q1 2022

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFThistory →COM4.87%$18M59.8K
2AAPLAPPLEhistory →COM3.91%$15M84.6K
3LKFNLAKELAND FINANCIALhistory →COM3.55%$13M183.9K
4MCDMCDONALDShistory →COM3.05%$12M46.6K
5MRKMERCK & COhistory →COM3.03%$11M139.7K
6HDHOME DEPOThistory →COM2.95%$11M37.2K
7JNJJOHNSON & JOHNSONhistory →COM2.79%$11M59.4K
8ABBVABBVIEhistory →COM2.70%$10M62.9K
9FELEFRANKLIN ELECTRIChistory →COM2.69%$10M122.6K
10WMTWALMART STOREShistory →COM2.58%$10M65.5K
11ADPAUTOMATIC DATA PROCESSINGhistory →COM2.57%$10M42.7K
12KRKROGERhistory →COM2.36%$9M155.6K
13CSCOCISCO SYSTEMShistory →COM2.35%$9M159.3K
14PGPROCTER & GAMBLEhistory →COM2.13%$8M52.8K
15KOCOCA COLAhistory →COM2.04%$8M124.7K
16ABTABBOTT LABShistory →COM2.02%$8M64.5K
17ALPHABET CLASS CCOM2.00%$8M2.7K
18MEDTRONIC PLCCOM1.97%$7M67.0K
19ACCENTURE PLCCOM1.95%$7M21.9K
20EMREMERSON ELECTRIChistory →COM1.93%$7M74.5K
21MMM3Mhistory →COM1.63%$6M41.3K
22WBAWALGREENS BOOTS ALLIANCEhistory →COM1.59%$6M134.5K
23VANGUARD SHORT-TERM TIPS ETFCOM1.59%$6M117.4K
24SYYSYSCOhistory →COM1.59%$6M73.5K
25PFEPFIZERhistory →COM1.58%$6M115.4K
26SYKSTRYKERhistory →COM1.53%$6M21.7K
27USBUS BANCORPhistory →COM1.49%$6M106.1K
28NEENEXTERA ENERGYhistory →COM1.47%$6M65.5K
29PWRQUANTA SERVICEShistory →COM1.46%$6M42.0K
30AFLAFLAChistory →COM1.35%$5M79.5K
31ZBHZIMMER BIOMEThistory →COM1.35%$5M39.8K
32INTCINTELhistory →COM1.29%$5M98.7K
33EXMOCEXXON MOBILhistory →COM1.28%$5M58.6K
34JPMJPMORGAN CHASEhistory →COM1.20%$5M33.3K
35VANGUARD FTSE EMERGING MARKETSCOM1.15%$4M94.1K
36CINFCINCINNATI FINANCIALhistory →COM1.12%$4M31.0K
37GPCGENUINE PARTShistory →COM1.05%$4M31.6K
38STLDSTEEL DYNAMICSCOM0.99%$4M44.8K
39GILDGILEAD SCIENCESCOM0.94%$4M59.9K
40FISVFISERVCOM0.94%$4M35.1K
41DYHTARGETCOM0.78%$3M13.8K
42FFIVF5 NETWORKSCOM0.77%$3M14.0K
43UPSUNITED PARCEL SERVICECOM0.71%$3M12.6K
44CHVCHEVRONCOM0.70%$3M16.3K
45DISDISNEY WALTCOM0.68%$3M18.7K
46TAT&TCOM0.67%$3M107.2K
47FLSFLOWSERVECOM0.63%$2M66.5K
48BRK/BBERKSHIRE HATHAWAY BCOM0.55%$2M5.9K
49CARRCARRIERCOM0.55%$2M45.3K

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 ↗.