SEC 13F Intelligence

Managers / Q4 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
$196M
Q4 2023
Positions
431
Filings on Record
31
2019–present window
Filed
Jan 23, 2024
original filing

Summary

Farmers & Merchants Trust Co Of Chambersburg Pa reported $196M in U.S.-listed holdings across 431 positions for Q4 2023.

Its largest position, XLF, represents 12.2% of the portfolio.

Compared with Q3 2023, the fund opened 79 new positions and exited 27.

Portfolio Metrics

Turnover
+4.0%
vs prior filed quarter
Top-10 Concentration
+42.2%
share of reported value
Largest Position
+12.2%
Select Sector Spdr Tr
New / Exited
79 / 27
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: 62.8%ETP: 35.3%REIT: 0.9%ADR: 0.4%Closed-End Fund: 0.2%Other: 0.3%
  • Common Stock · 62.8% · $123M
  • ETP · 35.3% · $69M
  • REIT · 0.9% · $2M
  • ADR · 0.4% · $744,000
  • Closed-End Fund · 0.2% · $464,000
  • Other · 0.3% · $520,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VOTVanguard Index FdsNEW+19.7K19.7K+$4M$4M
VRTXVertex Pharmaceutials IncNEW+313313+$127,000$127,000
Flex LtdNEW+2.5K2.5K+$77,000$77,000
JPCNuveen Pfd & Income OpportunNEW+10.1K10.1K+$68,000$68,000
VSHVishay Intertechonology IncNEW+2.0K2.0K+$48,000$48,000
GLWCorning IncNEW+1.4K1.4K+$43,000$43,000
STMStmicroelectronics N VNEW+800800+$40,000$40,000
TXNTexas Instrs IncNEW+200200+$34,000$34,000

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

Holdings — Q4 2023

374 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1XLFSelect Sector SPDR TrFINANCIAL · ENERGY · RL EST SEL SEC · INDL · TECHNOLOGY · SBI HEALTHCARE · SBI INT-UTILS · SBI CONS DISCR · SBI CONS STPLS · COMMUNICATION · SBI MATERIALS12.18%$24M328.2K
2VBRVanguard Index FdsSM CP VAL ETF · SML CP GRW ETF · MCAP VL IDXVIP · MCAP GR IDXVIP · MID CAP ETF · VALUE ETF · REAL ESTATE ETF9.97%$20M102.5K
3EFVIshares TrEAFE VALUE ETF · MSCI EAFE ETF · RUS MID CAP ETF · CORE S&P TTL STK · CORE S&P500 ETF · CORE S&P SCP ETF · RUS MD CP GR ETF · EAFE GRWTH ETF · FLTG RATE NT ETF · RUS 2000 GRW ETF · RUSSELL 2000 ETF · GLOBAL MATER ETF · RUS 1000 GRW ETF · SELECT DIVID ETF · GLOBAL REIT ETF · RUS 1000 ETF · CORE US AGGBD ET · IBOXX HI YD ETF · 20 YR TR BD ETF · CORE MSCI EMKT · US TELECOM ETF · IBOXX INV CP ETF · MSCI JPN ETF NEW · TIPS BD ETF4.13%$8M126.2K
4MSFTMicrosoft Corphistory →COM3.28%$6M17.1K
5CVXChevron Corp Newhistory →COM2.29%$4M30.0K
6AAPLApple Inchistory →COM2.19%$4M22.2K
7JNJJohnson & Johnsonhistory →COM2.12%$4M26.5K
8JPMJPMorgan Chase & Cohistory →COM2.08%$4M24.0K
9PEPPepsico Inchistory →COM2.01%$4M23.1K
10BIVVanguard Bd Index FdsINTERMED TERM · TOTAL BND MRKT1.98%$4M50.9K
11GLDSPDR Gold Trhistory →GOLD SHS1.88%$4M19.3K
12NVDANvidia Corporationhistory →COM1.85%$4M7.3K
13VVisa Inchistory →COM CL A1.82%$4M13.7K
14WMTWalmart Inchistory →COM1.80%$4M22.4K
15QCOMQualcomm Inchistory →COM1.74%$3M23.5K
16AVGOBroadcom Inchistory →COM1.70%$3M3.0K
17GOOGLAlphabet IncCAP STK CL A · CAP STK CL C1.62%$3M22.7K
18DKSDicks Sporting Goods Inchistory →COM1.54%$3M20.6K
19UPSUnited Parcel Service Inchistory →CL B1.53%$3M19.0K
20DONWisdomTree trUS MIDCAP DIVID · EMG MKTS SMCAP · US LARGECAP DIVD · INTL LRGCAP DV1.51%$3M62.4K
21NUENucor Corphistory →COM1.50%$3M16.9K
22AMZNAmazon Com Inchistory →COM1.33%$3M17.1K
23JEPIJ PMorgan Exchange Traded Fhistory →EQUITY PREMIUM1.28%$3M45.6K
24APDAir Products & Chems Inchistory →COM1.23%$2M8.8K
25TRVTravelers Companies Inchistory →COM1.20%$2M12.4K
26ETNEaton Corp PLChistory →SHS1.17%$2M9.5K
27XTLSPDR Ser TrS&P TELECOM · PRTFLO S&P500 VL · PRTFLO S&P500 GW · S&P DIVID ETF1.13%$2M31.9K
28CVSCVS Health Corphistory →COM1.12%$2M27.8K
29PGProcter And Gamble Cohistory →COM1.08%$2M14.4K
30ORCLOracle Corphistory →COM1.02%$2M19.0K
31ABBVAbbvie Inchistory →COM1.00%$2M12.7K
32SPYSPDR S&P 500 ETF TRTR UNIT0.95%$2M3.9K
33ELVElevance Health IncCOM0.93%$2M3.8K
34METMetLife IncCOM0.90%$2M26.7K
35NOCNorthrop Grumman CorpCOM0.89%$2M3.7K
36ICEIntercontinental Exchange InCOM0.86%$2M13.1K
37VLOValero Energy CorpCOM0.84%$2M12.6K
38PPLPPL CorpCOM0.83%$2M59.7K
39COSTCostco Whsl Corp NewCOM0.69%$1M2.0K
40FRAFFranklin Finl Svcs CorpCOM0.67%$1M41.7K
41ADMArcher Daniels Midland CoCOM0.67%$1M18.2K
42NEENextEra Energy IncCOM0.65%$1M20.9K
43Blackrock IncCOM0.64%$1M1.6K
44GISGeneral Mls IncCOM0.62%$1M18.6K
45BMYBristol-Myers Squibb CoCOM0.58%$1M22.0K
46JCIJohnson Ctls Intl PLCSHS0.56%$1M19.2K
47EXMOCExxon Mobil CorpCOM0.56%$1M11.0K
48CCICrown Castle IncCOM0.55%$1M9.4K
49PEGPublic Svc Enterprise Grp InCOM0.55%$1M17.6K
50SOSouthern CoCOM0.50%$979,00014.0K
51PFEPfizer IncCOM0.48%$941,00032.7K
52PSXPhillips 66COM0.45%$891,0006.7K
53MDTMedtronic PLCSHS0.43%$847,00010.3K
54HDHome Depot IncCOM0.42%$821,0002.4K
55MRKMerck & Co IncCOM0.41%$812,0007.4K
56KOCoca Cola CoCOM0.40%$791,00013.4K
57AMATApplied Matls IncCOM0.39%$764,0004.7K
58FMCFMC CorpCOM NEW0.35%$682,00010.8K
59NSCNorfolk Southn CorpCOM0.30%$588,0002.5K
60MAMastercard IncorporatedCL A0.30%$585,0001.4K
61ABTAbbott LabsCOM0.29%$570,0005.2K
62WMWaste Mgmt Inc DelCOM0.22%$440,0002.5K
63CSXCSX CorpCOM0.21%$411,00011.8K
64LOWLowes Cos IncCOM0.20%$401,0001.8K
65QRVOQorvo IncCOM0.19%$377,0003.3K
66LLYEli Lilly & CoCOM0.19%$365,000627
67VGTVanguard World FdsINF TECH ETF · HEALTH CAR ETF · FINANCIALS ETF · ENERGY ETF0.17%$338,0001.6K
68UNHUnitedHealth Group IncCOM0.17%$330,000627
69METAMeta Platforms IncCL A0.16%$321,000908
70EQIXEquinix IncCOM0.16%$314,000390
71COPConocoPhillipsCOM0.16%$306,0002.6K
72MPCMarathon Pete CorpCOM0.15%$299,0002.0K
73PMPhilip Morris Intl IncCOM0.15%$298,0003.2K
74LMTLockheed Martin CorpCOM0.15%$286,000630
75KMBKimberly-Clark CorpCOM0.14%$271,0002.2K
76EXCExelon CorpCOM0.13%$260,0007.2K
77STLDSteel Dynamics IncCOM0.13%$254,0002.1K
78CBChubb LimitedCOM0.13%$249,0001.1K
79IBMInternational Business MachsCOM0.12%$240,0001.5K
80UNPUnion Pac CorpCOM0.12%$236,000962
81PRUPrudential Finl IncCOM0.12%$234,0002.3K
82ACNAccenture Plc IrelandSHS CLASS A0.11%$222,000633
83DUKDuke Energy Corp NewCOM NEW0.11%$219,0002.3K
84BHPBHP Group LTDSPONSORED ADS0.11%$214,0003.1K
85ORRFOrrstown Finl Svcs IncCOM0.11%$214,0007.2K
86CEGConstellation Energy CorpCOM0.11%$211,0001.8K
87BNYBank New York Mellon CorpCOM0.11%$211,0004.1K
88BBNBlackrock Tax Municipal Bd TrSHS0.11%$209,00012.9K
89DLRDigital Rlty Tr IncCOM0.11%$209,0001.6K
90SYYSysco CorpCOM0.11%$208,0002.8K
91MCDMcDonalds CorpCOM0.10%$205,000690
92CARRCarrier Global CorporationCOM0.10%$203,0003.5K
93SWKSSkyworks Solutions IncCOM0.10%$199,0001.8K
94DHRDanaher CorporationCOM0.10%$195,000844
95WECWEC Energy Group IncCOM0.10%$194,0002.3K
96GLPIGaming & Leisure Pptys IncCOM0.10%$188,0003.8K
97RSReliance Steel & Aluminum CoCOM0.10%$187,000670
98AFLAflac IncCOM0.09%$182,0002.2K
99ITWIllinois Tool Wks IncCOM0.09%$179,000685
100CSCOCisco Sys IncCOM0.09%$177,0003.5K

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 ↗.