SEC 13F Intelligence

Managers / Q2 2025 · view latest →

MONARCH CAPITAL MANAGEMENT INC

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

Reported Value
$372M
Q2 2025
Positions
117
Filings on Record
30
2019–present window
Filed
Aug 20, 2025
original filing

Summary

Monarch Capital Management Inc reported $372M in U.S.-listed holdings across 117 positions for Q2 2025.

Its largest position, MSFT, represents 6.6% of the portfolio.

Compared with Q1 2025, the fund opened 4 new positions and exited 2.

Portfolio Metrics

Turnover
+3.1%
vs prior filed quarter
Top-10 Concentration
+33.5%
share of reported value
Largest Position
+6.6%
Microsoft
New / Exited
4 / 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: 93.8%Other: 3.8%ETP: 2.0%ADR: 0.3%
  • Common Stock · 93.8% · $350M
  • Other · 3.8% · $14M
  • ETP · 2.0% · $8M
  • ADR · 0.3% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NVDANVIDIA CORPORATIONNEW+2.3K2.3K+$360,872$360,872
TXNTEXAS INSTRS INCNEW+1.0K1.0K+$209,074$209,074
ISHARES TRNEW+954954+$205,864$205,864
HLHECLA MNG CONEW+10.9K10.9K+$65,291$65,291
CB1ACONSTELLATION BRANDS INCSOLD OUT−1.2K0−$213,067$0
VRAVERA BRADLEY INCSOLD OUT−10.3K0−$23,175$0
REGNREGENERON PHARMACEUTICALSADDED+9412.3K+$340,695$1M
VANGUARD SCOTTSDALE FDSADDED+8003.5K+$87,818$309,283

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

Holdings — Q2 2025

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM6.57%$24M49.2K
2AAPLAPPLE INChistory →COM3.69%$14M67.0K
3WMTWALMART INChistory →COM3.49%$13M133.0K
4HDHOME DEPOT INChistory →COM3.30%$12M33.5K
5MCDMCDONALDS CORPhistory →COM2.99%$11M38.2K
6ADPAUTOMATIC DATA PROCESSING INhistory →COM2.94%$11M35.3K
7KRKROGER COhistory →COM2.75%$10M142.9K
8GOOGALPHABET INCCAP STK CL C · CAP STK CL A2.67%$10M56.2K
9CSCOCISCO SYS INChistory →COM2.62%$10M140.9K
10MRKMERCK & CO INChistory →COM2.61%$10M121.9K
11ABBVABBVIE INChistory →COM2.56%$10M51.4K
12JNJJOHNSON & JOHNSONhistory →COM2.55%$10M62.3K
13LKFNLAKELAND FINL CORPhistory →COM2.55%$9M154.5K
14FELEFRANKLIN ELEC INChistory →COM2.35%$9M97.4K
15PWRQUANTA SVCS INChistory →COM2.20%$8M21.7K
16EMREMERSON ELEC COhistory →COM2.12%$8M59.2K
17ABTABBOTT LABShistory →COM1.96%$7M53.7K
18PGPROCTER AND GAMBLE COhistory →COM1.95%$7M45.7K
19KOCOCA COLA COhistory →COM1.86%$7M97.4K
20JPMJPMORGAN CHASE & CO.history →COM1.71%$6M22.0K
21AFLAFLAC INChistory →COM1.67%$6M58.9K
22USBUS BANCORP DELhistory →COM NEW1.64%$6M133.8K
23SYKSTRYKER CORPORATIONhistory →COM1.53%$6M14.4K
24EXMOCEXXON MOBIL CORPhistory →COM1.49%$6M51.4K
25MEDTRONIC PLCSHS1.45%$5M61.6K
26ACCENTURE PLC IRELANDSHS CLASS A1.43%$5M17.8K
27FISVFISERV INChistory →COM1.40%$5M30.3K
28GILDGILEAD SCIENCES INChistory →COM1.33%$5M44.6K
29MMM3M COhistory →COM1.26%$5M30.8K
30FFIVF5 INChistory →COM1.19%$4M15.1K
31SYYSYSCO CORPhistory →COM1.18%$4M58.0K
32CINFCINCINNATI FINL CORPhistory →COM1.13%$4M28.1K
33GPCGENUINE PARTS COhistory →COM1.10%$4M33.7K
34NEENEXTERA ENERGY INChistory →COM1.09%$4M58.7K
35STLDSTEEL DYNAMICS INChistory →COM1.08%$4M31.5K
36APDAIR PRODS & CHEMS INCCOM0.95%$4M12.6K
37ZBHZIMMER BIOMET HOLDINGS INCCOM0.86%$3M35.0K
38UPSUNITED PARCEL SERVICE INCCL B0.81%$3M29.8K
39CORECARD CORPORATIONCOM0.79%$3M101.4K
40PFEPFIZER INCCOM0.78%$3M120.1K
41CARRCARRIER GLOBAL CORPORATIONCOM0.77%$3M39.1K
42BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.75%$3M5.8K
43VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.73%$3M55.2K
44FLSFLOWSERVE CORPCOM0.70%$3M49.9K
45VANGUARD MALVERN FDSSTRM INFPROIDX0.69%$3M50.8K
46DISDISNEY WALT COCOM0.68%$3M20.6K
47RTXRTX CORPORATIONCOM0.65%$2M16.7K
48GE AEROSPACECOM NEW0.59%$2M8.5K
49CHUBB LIMITEDCOM0.56%$2M7.1K

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 ↗.