SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Farmers & Merchants Trust Co of Chambersburg PA

CIK 0001697375 · 1500 NITTERHOUSE DRIVE, PO BOX 6010, CHAMBERSBURG, PA, 17201 · 717-261-3621

Reported Value
$150M
Q1 2023
Positions
366
Filings on Record
31
2019–present window
Filed
Apr 12, 2023
original filing

Summary

Farmers & Merchants Trust Co Of Chambersburg Pa reported $150M in U.S.-listed holdings across 366 positions for Q1 2023.

Its largest position, XLE, represents 12.0% of the portfolio.

Compared with Q4 2022, the fund opened 13 new positions and exited 7.

Portfolio Metrics

Turnover
+4.4%
vs prior filed quarter
Top-10 Concentration
+36.2%
share of reported value
Largest Position
+12.0%
Select Sector Spdr Tr
New / Exited
13 / 7
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: $100MQ4 ’18Q1 ’19: $114MQ2 ’19: $114MQ3 ’19: $124MQ4 ’19: $127MQ4 ’19Q1 ’20: $101MQ2 ’20: $118MQ3 ’20: $116MQ4 ’20: $125MQ4 ’20Q1 ’21: $133MQ2 ’21: $144MQ3 ’21: $137MQ4 ’21: $153MQ4 ’21Q1 ’22: $157MQ2 ’22: $137MQ3 ’22: $129MQ4 ’22: $146MQ4 ’22Q1 ’23: $150MQ2 ’23: $154MQ3 ’23: $153MQ4 ’23: $196MQ4 ’23Q1 ’24: $244MQ2 ’24: $248MQ3 ’24: $260MQ4 ’24: $264MQ4 ’24Q1 ’25: $282MQ2 ’25: $320MQ3 ’25: $354MQ4 ’25: $357MQ4 ’25Q1 ’26: $367Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 76.8%ETP: 19.9%REIT: 2.1%Closed-End Fund: 0.5%ADR: 0.4%Other: 0.4%
  • Common Stock · 76.8% · $115M
  • ETP · 19.9% · $30M
  • REIT · 2.1% · $3M
  • Closed-End Fund · 0.5% · $729,000
  • ADR · 0.4% · $602,000
  • Other · 0.4% · $613,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BSVVanguard Bd Index FdsNEW+584584+$45,000$45,000
XLBSelect Sector SPDR TrNEW+500500+$40,000$40,000
BNDVanguard Bd Index FdsNEW+475475+$35,000$35,000
IEFAiShares TrNEW+325325+$22,000$22,000
IJKiShares TrNEW+211211+$15,000$15,000
EWJiShares IncNEW+204204+$12,000$12,000
VBKVanguard Index FdsNEW+4545+$10,000$10,000
VOOVanguard 500 Index ETFNEW+1919+$7,000$7,000

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

Holdings — Q1 2023

314 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1XLESelect Sector SPDR TrENERGY · FINANCIAL · SBI INT-UTILS · RL EST SEL SEC · SBI INT-INDS · SBI CONS DISCR · SBI CONS STPLS · TECHNOLOGY · SBI HEALTHCARE · COMMUNICATION · SBI MATERIALS12.05%$18M275.6K
2MSFTMicrosoft Corphistory →COM3.53%$5M18.4K
3CVXChevron Corp Newhistory →COM3.27%$5M30.1K
4PEPPepsico Inchistory →COM2.83%$4M23.3K
5JNJJohnson & Johnsonhistory →COM2.63%$4M25.5K
6AAPLApple Inchistory →COM2.51%$4M22.8K
7WMTWalmart Inchistory →COM2.45%$4M24.9K
8GLDSPDR Gold Trhistory →GOLD SHS2.37%$4M19.4K
9DKSDicks Sporting Goods Inchistory →COM2.29%$3M24.2K
10UPSUnited Parcel Service Inchistory →CL B2.26%$3M17.5K
11VVisa Inchistory →COM CL A2.20%$3M14.7K
12JPMJPMorgan Chase & Cohistory →COM2.15%$3M24.8K
13QCOMQualcomm Inchistory →COM1.84%$3M21.6K
14NUENucor Corphistory →COM1.78%$3M17.3K
15XTLSpdr Ser TrS&P TELECOM · S&P DIVID ETF · PRTFLO S&P500 GW · S&P REGL BKG1.75%$3M31.9K
16NVDANvidia Corporationhistory →COM1.75%$3M9.5K
17APDAir Prods & Chems Inchistory →COM1.75%$3M9.1K
18GOOGLAlphabet IncCAP STK CL A · CAP STK CL C1.61%$2M23.4K
19CCICrown Castle Inchistory →COM1.55%$2M17.4K
20PGProcter And Gamble Cohistory →COM1.47%$2M14.9K
21ORCLOracle Corphistory →COM1.47%$2M23.7K
22TRVTravelers Companies Inchistory →COM1.42%$2M12.4K
23AVGOBroadcom Inchistory →COM1.31%$2M3.1K
24IWRiShares TrRUS MID CAP ETF · CORE S&P500 ETF · CORE S&P MCP ETF · CORE S&P SCP ETF · CORE S&P TTL STK · RUSSELL 2000 ETF · SELECT DIVID ETF · S&P MC 400VL ETF · GLOBAL MATER ETF · RUS 2000 GRW ETF · GLOBAL REIT ETF · CORE US AGGBD ET · RUS 1000 GRW ETF · MSCI EAFE ETF · RUS MD CP GR ETF · CORE MSCI EAFE · EAFE VALUE ETF · US TELECOM ETF · IBOXX INV CP ETF · S&P MC 400GR ETF · RUS MDCP VAL ETF · INTL SEL DIV ETF · TIPS BD ETF1.31%$2M20.0K
25ABBVAbbvie Inchistory →COM1.30%$2M12.3K
26ELVElevance Health Inchistory →COM1.25%$2M4.1K
27VLOValero Energy Corphistory →COM1.25%$2M13.4K
28AMZNAmazon Com Inchistory →COM1.24%$2M18.0K
29NEENextEra Energy Inchistory →COM1.21%$2M23.6K
30ETNEaton Corp PLChistory →SHS1.19%$2M10.4K
31NOCNorthrop Grumman Corphistory →COM1.18%$2M3.8K
32PPLPPL Corphistory →COM1.13%$2M60.8K
33FMCFMC Corphistory →COM NEW1.11%$2M13.6K
34GISGeneral Mls Inchistory →COM1.07%$2M18.8K
35METMetLife Inchistory →COM1.06%$2M27.5K
36SPYSPDR S&P 500 ETF TRhistory →TR UNIT1.02%$2M3.7K
37EXMOCExxon Mobil Corphistory →COM1.00%$2M13.7K
38ICEIntercontinental Exchange InCOM0.99%$1M14.3K
39TGTTarget CorpCOM0.95%$1M8.6K
40PFEPfizer IncCOM0.95%$1M35.0K
41BMYBristol-Myers Squibb CoCOM0.90%$1M19.5K
42CVSCVS Health CorpCOM0.87%$1M17.6K
43ADMArcher Daniels Midland CoCOM0.83%$1M15.7K
44VOVanguard Index FdsMID CAP ETF · SM CP VAL ETF · MCAP VL IDXVIP · VALUE ETF · REAL ESTATE ETF · SML CP GRW ETF0.77%$1M6.0K
45JCIJohnson Ctls Intl PLCSHS0.74%$1M18.5K
46PEGPublic Svc Enterprise Grp InCOM0.74%$1M17.7K
47Blackrock IncCOM0.71%$1M1.6K
48SOSouthern CoCOM0.60%$899,00012.9K
49KOCoca Cola CoCOM0.60%$897,00014.5K
50MRKMerck & Co IncCOM0.59%$885,0008.3K
51MDTMedtronic PLCSHS0.49%$743,0009.2K
52PSXPhillips 66COM0.49%$731,0007.2K
53HDHome Depot IncCOM0.45%$683,0002.3K
54AMATApplied Matls IncCOM0.39%$580,0004.7K
55NSCNorfolk Southn CorpCOM0.37%$559,0002.6K
56ABTAbbott LabsCOM0.33%$499,0004.9K
57MAMastercard IncorporatedCL A0.32%$477,0001.3K
58BBNBlackrock Tax Municpal Bd TrSHS0.30%$448,00025.0K
59WMWaste Mgmt Inc DelCOM0.28%$421,0002.6K
60LOWLowes Cos IncCOM0.27%$408,0002.0K
61EXCExelon CorpCOM0.25%$375,0008.9K
62PMPhilip Morris Intl IncCOM0.24%$366,0003.8K
63EQIXEquinix IncCOM0.24%$361,000500
64CSXCSX CorpCOM0.23%$350,00011.7K
65UNPUnion Pac CorpCOM0.23%$348,0001.7K
66QRVOQorvo IncCOM0.23%$340,0003.3K
67UNHUnitedHealth Group IncCOM0.23%$339,000718
68FRAFFranklin Finl Svcs CorpCOM0.23%$338,00011.4K
69COPConocoPhillipsCOM0.21%$314,0003.2K
70KMBKimberly-Clark CorpCOM0.20%$305,0002.3K
71LMTLockheed Martin CorpCOM0.20%$303,000641
72BNYBank New York Mellon CorpCOM0.20%$294,0006.5K
73VGTVanguard World FdsINF TECH ETF · HEALTH CAR ETF · FINANCIALS ETF · ENERGY ETF0.19%$287,0001.6K
74LLYLilly Eli & CoCOM0.19%$284,000826
75MPCMarathon Pete CorpCOM0.19%$282,0002.1K
76HSYHershey CoCOM0.19%$280,0001.1K
77MDLZMondelez Intl IncCL A0.16%$244,0003.5K
78WECWEC Energy Group IncCOM0.16%$237,0002.5K
79RTXRaytheon Technologies CorpCOM0.16%$235,0002.4K
80SYYSysco CorpCOM0.15%$228,0003.0K
81DHRDanaher CorporationCOM0.15%$225,000892
82METAMeta Platforms IncCL A0.14%$217,0001.0K
83MOAltria Group IncCOM0.14%$217,0004.9K
84Magellan Midstream Prtnrs LPCOM UNIT RP LP0.14%$217,0004.0K
85SWKSSkyworks Solutions IncCOM0.14%$213,0001.8K
86CBChubb LimitedCOM0.13%$201,0001.0K
87GLPIGaming & Leisure Pptys IncCOM0.13%$198,0003.8K
88MCDMcDonalds CorpCOM0.13%$194,000695
89IBMInternational Business MachsCOM0.13%$191,0001.5K
90DISDisney Walt CoCOM0.13%$190,0001.9K
91PRUPrudential Finl IncCOM0.12%$181,0002.2K
92CEGConstellation Energy CorpCOM0.12%$181,0002.3K
93RSReliance Steel & Aluminum CoCOM0.11%$172,000670
94STLDSteel Dynamics IncCOM0.11%$172,0001.5K
95NBBNuveen Taxable Municpal InmCOM0.11%$171,00010.6K
96ITWIllinois Tool Wks IncCOM0.11%$167,000685
97CARRCarrier Global CorporationCOM0.11%$162,0003.5K
98CATCaterpillar IncCOM0.10%$154,000675
99DLRDigital Rlty Tr IncCOM0.10%$152,0001.6K
100CMCSAComcast Corp NewCL A0.10%$148,0003.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$367M335Apr 29, 2026RESTATEMENTchanges · EDGAR ↗
Q4 2025$357M333Feb 2, 202613F-HRchanges · EDGAR ↗
Q3 2025$354M333Oct 27, 202513F-HRchanges · EDGAR ↗
Q2 2025$320M339Jul 10, 202513F-HRchanges · EDGAR ↗
Q1 2025$282M405Apr 25, 202513F-HRchanges · EDGAR ↗
Q4 2024$264M385Jan 30, 202513F-HRchanges · EDGAR ↗
Q3 2024$260M378Oct 18, 202413F-HRchanges · EDGAR ↗
Q2 2024$248M388Jul 23, 202413F-HRchanges · EDGAR ↗
Q1 2024$244M432Apr 26, 202413F-HRchanges · EDGAR ↗
Q4 2023$196M431Jan 23, 202413F-HRchanges · EDGAR ↗
Q3 2023$153M379Oct 17, 202313F-HRchanges · EDGAR ↗
Q2 2023$154M390Jul 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$150M366Apr 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$146M360Jan 20, 202313F-HRchanges · EDGAR ↗
Q3 2022$129M330Oct 17, 202213F-HRchanges · EDGAR ↗
Q2 2022$137M361Jul 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$157M308Apr 14, 202213F-HRchanges · EDGAR ↗
Q4 2021$153M332Jan 25, 202213F-HRchanges · EDGAR ↗
Q3 2021$137M316Oct 22, 202113F-HRchanges · EDGAR ↗
Q2 2021$144M329Jul 27, 202113F-HRchanges · EDGAR ↗
Q1 2021$133M298Apr 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$125M276Feb 3, 202113F-HRchanges · EDGAR ↗
Q3 2020$116M273Oct 19, 202013F-HRchanges · EDGAR ↗
Q2 2020$118M292Jul 9, 202013F-HRchanges · EDGAR ↗
Q1 2020$101M284Apr 21, 202013F-HRchanges · EDGAR ↗
Q4 2019$127M312Jan 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$124M322Oct 23, 201913F-HRchanges · EDGAR ↗
Q2 2019$114M309Jul 19, 201913F-HRchanges · EDGAR ↗
Q1 2019$114M314Apr 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$100M267Jan 22, 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 ↗.