SEC 13F Intelligence

Managers / Q3 2025 · view latest →

MONARCH CAPITAL MANAGEMENT INC

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

Reported Value
$408M
Q3 2025
Positions
122
Filings on Record
30
2019–present window
Filed
Oct 20, 2025
original filing

Summary

Monarch Capital Management Inc reported $408M in U.S.-listed holdings across 122 positions for Q3 2025.

Its largest position, MSFT, represents 6.2% of the portfolio.

Compared with Q2 2025, the fund opened 7 new positions and exited 2.

Portfolio Metrics

Turnover
+2.0%
vs prior filed quarter
Top-10 Concentration
+33.8%
share of reported value
Largest Position
+6.2%
Microsoft
New / Exited
7 / 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: 90.5%ETP: 5.7%Other: 3.4%ADR: 0.3%
  • Common Stock · 90.5% · $369M
  • ETP · 5.7% · $23M
  • Other · 3.4% · $14M
  • ADR · 0.3% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+131.7K131.7K+$13M$13M
INVESCO EXCHANGE TRADED FD TNEW+4.6K4.6K+$877,742$877,742
VANGUARD INDEX FDSNEW+1.1K1.1K+$658,951$658,951
CRMSALESFORCE INCNEW+1.8K1.8K+$417,507$417,507
VANGUARD WHITEHALL FDSNEW+4.3K4.3K+$367,850$367,850
NVONOVO-NORDISK A SNEW+4.2K4.2K+$234,168$234,168
ISHARES TRNEW+3.9K3.9K+$209,595$209,595
WBAWALGREENS BOOTS ALLIANCE INCSOLD OUT−78.1K0−$896,543$0

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

Holdings — Q3 2025

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM6.16%$25M48.5K
2AAPLAPPLE INChistory →COM4.06%$17M65.1K
3GOOGALPHABET INCCAP STK CL C · CAP STK CL A3.35%$14M56.2K
4HDHOME DEPOT INChistory →COM3.32%$14M33.4K
5WMTWALMART INChistory →COM3.30%$13M130.5K
6ISHARES TR0-3 MNTH TREASRY3.25%$13M131.7K
7MCDMCDONALDS CORPhistory →COM2.91%$12M39.0K
8ABBVABBVIE INChistory →COM2.87%$12M50.5K
9JNJJOHNSON & JOHNSONhistory →COM2.84%$12M62.5K
10MRKMERCK & CO INChistory →COM2.56%$10M123.3K
11ADPAUTOMATIC DATA PROCESSING INhistory →COM2.53%$10M35.0K
12LKFNLAKELAND FINL CORPhistory →COM2.42%$10M153.9K
13KRKROGER COhistory →COM2.39%$10M144.9K
14CSCOCISCO SYS INChistory →COM2.35%$10M140.0K
15FELEFRANKLIN ELEC INChistory →COM2.27%$9M97.4K
16PWRQUANTA SVCS INChistory →COM2.04%$8M20.1K
17EMREMERSON ELEC COhistory →COM1.89%$8M58.7K
18ABTABBOTT LABShistory →COM1.79%$7M54.5K
19PGPROCTER AND GAMBLE COhistory →COM1.74%$7M46.2K
20JPMJPMORGAN CHASE & CO.history →COM1.63%$7M21.1K
21AFLAFLAC INChistory →COM1.61%$7M58.9K
22USBUS BANCORP DELhistory →COM NEW1.59%$6M133.5K
23KOCOCA COLA COhistory →COM1.58%$6M96.3K
24MEDTRONIC PLCSHS1.40%$6M59.8K
25EXMOCEXXON MOBIL CORPhistory →COM1.39%$6M50.4K
26SYKSTRYKER CORPORATIONhistory →COM1.30%$5M14.3K
27GILDGILEAD SCIENCES INChistory →COM1.20%$5M44.2K
28MMM3M COhistory →COM1.18%$5M31.1K
29FISVFISERV INChistory →COM1.18%$5M37.3K
30GPCGENUINE PARTS COhistory →COM1.17%$5M34.1K
31SYYSYSCO CORPhistory →COM1.16%$5M57.2K
32FFIVF5 INChistory →COM1.13%$5M14.3K
33ACCENTURE PLC IRELANDSHS CLASS A1.11%$5M18.3K
34NEENEXTERA ENERGY INChistory →COM1.10%$4M59.5K
35CINFCINCINNATI FINL CORPhistory →COM1.10%$4M28.1K
36STLDSTEEL DYNAMICS INChistory →COM1.07%$4M31.4K
37ZBHZIMMER BIOMET HOLDINGS INCCOM0.87%$4M36.1K
38APDAIR PRODS & CHEMS INCCOM0.84%$3M12.6K
39PFEPFIZER INCCOM0.76%$3M121.5K
40INTCINTEL CORPCOM0.74%$3M89.8K
41VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.72%$3M54.3K
42BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.70%$3M5.7K
43RTXRTX CORPORATIONCOM0.68%$3M16.6K
44FLSFLOWSERVE CORPCOM0.66%$3M50.9K
45CORECARD CORPORATIONCOM0.66%$3M100.3K
46VANGUARD MALVERN FDSSTRM INFPROIDX0.64%$3M51.6K
47CARRCARRIER GLOBAL CORPORATIONCOM0.61%$2M41.4K
48UPSUNITED PARCEL SERVICE INCCL B0.60%$2M29.5K
49GE AEROSPACECOM NEW0.60%$2M8.1K

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 ↗.