SEC 13F Intelligence

Managers / Q3 2024 · view latest →

MONARCH CAPITAL MANAGEMENT INC

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

Reported Value
$371M
Q3 2024
Positions
118
Filings on Record
30
2019–present window
Filed
Oct 16, 2024
original filing

Summary

Monarch Capital Management Inc reported $371M in U.S.-listed holdings across 118 positions for Q3 2024.

Its largest position, MSFT, represents 5.8% of the portfolio.

Compared with Q2 2024, the fund opened 5 new positions and exited 1.

Portfolio Metrics

Turnover
+1.5%
vs prior filed quarter
Top-10 Concentration
+35.0%
share of reported value
Largest Position
+5.8%
Microsoft
New / Exited
5 / 1
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: 93.4%Other: 4.2%ETP: 2.1%ADR: 0.3%
  • Common Stock · 93.4% · $347M
  • Other · 4.2% · $16M
  • ETP · 2.1% · $8M
  • ADR · 0.3% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DEDEERE & CONEW+908908+$380,271$380,271
AMTMAMENTUM HOLDINGS INCNEW+7.7K7.7K+$248,809$248,809
VANGUARD SCOTTSDALE FDSNEW+2.5K2.5K+$220,452$220,452
ISHARES TRNEW+954954+$210,730$210,730
TXNTEXAS INSTRS INCNEW+988988+$204,092$204,092
CITCINTAS CORPADDED+1.8K2.4K+$73,956$494,112
AMATAPPLIED MATLS INCSOLD OUT−1.2K0−$280,121$0
DGDOLLAR GEN CORP NEWADDED+1.4K4.0K−$5,820$338,111

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

Holdings — Q3 2024

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM5.84%$22M50.4K
2AAPLAPPLE INChistory →COM4.11%$15M65.6K
3HDHOME DEPOT INChistory →COM3.69%$14M33.8K
4MRKMERCK & CO INChistory →COM3.57%$13M116.3K
5WMTWALMART INChistory →COM3.28%$12M150.9K
6MCDMCDONALDS CORPhistory →COM3.26%$12M39.8K
7FELEFRANKLIN ELEC INChistory →COM2.88%$11M102.2K
8ABBVABBVIE INChistory →COM2.84%$11M53.4K
9ADPAUTOMATIC DATA PROCESSING INhistory →COM2.77%$10M37.1K
10LKFNLAKELAND FINL CORPhistory →COM2.77%$10M157.7K
11JNJJOHNSON & JOHNSONhistory →COM2.59%$10M59.5K
12KRKROGER COhistory →COM2.26%$8M146.4K
13PGPROCTER AND GAMBLE COhistory →COM2.17%$8M46.5K
14CSCOCISCO SYS INChistory →COM2.06%$8M143.6K
15KOCOCA COLA COhistory →COM2.04%$8M104.9K
16PWRQUANTA SVCS INChistory →COM2.01%$7M25.1K
17EMREMERSON ELEC COhistory →COM1.94%$7M65.9K
18AFLAFLAC INChistory →COM1.86%$7M61.8K
19GOOGALPHABET INChistory →CAP STK CL C1.73%$6M38.5K
20ABTABBOTT LABShistory →COM1.72%$6M56.2K
21ACCENTURE PLC IRELANDSHS CLASS A1.68%$6M17.7K
22USBUS BANCORP DELhistory →COM NEW1.63%$6M131.7K
23EXMOCEXXON MOBIL CORPhistory →COM1.62%$6M51.2K
24JPMJPMORGAN CHASE & CO.history →COM1.61%$6M28.4K
25SYKSTRYKER CORPORATIONhistory →COM1.59%$6M16.3K
26MEDTRONIC PLCSHS1.56%$6M63.9K
27FISVFISERV INChistory →COM1.46%$5M30.3K
28NEENEXTERA ENERGY INChistory →COM1.33%$5M58.3K
29SYYSYSCO CORPhistory →COM1.28%$5M60.7K
30MMM3M COhistory →COM1.20%$4M32.7K
31GPCGENUINE PARTS COhistory →COM1.12%$4M29.7K
32GILDGILEAD SCIENCES INChistory →COM1.08%$4M47.9K
33CINFCINCINNATI FINL CORPhistory →COM1.06%$4M28.8K
34STLDSTEEL DYNAMICS INChistory →COM1.06%$4M31.1K
35ZBHZIMMER BIOMET HOLDINGS INChistory →COM1.01%$4M34.7K
36FFIVF5 INCCOM0.97%$4M16.4K
37UPSUNITED PARCEL SERVICE INCCL B0.96%$4M26.0K
38APDAIR PRODS & CHEMS INCCOM0.89%$3M11.1K
39CARRCARRIER GLOBAL CORPORATIONCOM0.85%$3M39.1K
40PFEPFIZER INCCOM0.84%$3M107.2K
41FLSFLOWSERVE CORPCOM0.73%$3M52.2K
42VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.72%$3M55.8K
43VANGUARD MALVERN FDSSTRM INFPROIDX0.72%$3M54.1K
44BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.71%$3M5.8K
45DYHTARGET CORPCOM0.59%$2M14.1K
46INTCINTEL CORPCOM0.59%$2M92.8K
47CHVCHEVRON CORP NEWCOM0.57%$2M14.4K
48DISDISNEY WALT COCOM0.56%$2M21.8K
49RTXRTX CORPORATIONCOM0.54%$2M16.7K
50CHUBB LIMITEDCOM0.54%$2M7.0K

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 ↗.