SEC 13F Intelligence

Managers / Q4 2025 · 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
$357M
Q4 2025
Positions
333
Filings on Record
31
2019–present window
Filed
Feb 2, 2026
original filing

Summary

Farmers & Merchants Trust Co Of Chambersburg Pa reported $357M in U.S.-listed holdings across 333 positions for Q4 2025.

Its largest position, TLT, represents 12.6% of the portfolio.

Compared with Q3 2025, the fund opened 10 new positions and exited 10.

Portfolio Metrics

Turnover
+3.1%
vs prior filed quarter
Top-10 Concentration
+64.7%
share of reported value
Largest Position
+12.6%
Ishares Tr
New / Exited
10 / 10
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
ETP: 62.7%Common Stock: 36.7%ADR: 0.2%REIT: 0.2%MLP: 0.1%Other: 0.1%
  • ETP · 62.7% · $224M
  • Common Stock · 36.7% · $131M
  • ADR · 0.2% · $784,000
  • REIT · 0.2% · $632,000
  • MLP · 0.1% · $358,000
  • Other · 0.1% · $306,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IJHiShares TrNEW+1.2K1.2K+$79,000$79,000
APLDApplied Digital CorpNEW+400400+$10,000$10,000
RRXRegal Rexnord CorporationNEW+5050+$7,000$7,000
IBBQInvesco Exch Traded Fd Tr IINEW+200200+$6,000$6,000
QQnity Electronics IncNEW+5757+$5,000$5,000
VYMIVanguard Whitehall FdsNEW+5050+$5,000$5,000
Gorilla Technology Group IncNEW+400400+$4,000$4,000
APHAmphenol Corp NewNEW+2020+$3,000$3,000

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

Holdings — Q4 2025

268 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TLTiShares Tr20 YR TR BD ETF · EAFE VALUE ETF · 7-10 YR TRSY BD · FLTG RATE NT ETF · RUS MD CP GR ETF · EAFE GRWTH ETF · MSCI EAFE ETF · RUS 1000 GRW ETF · IBOXX HI YD ETF · RUS MID CAP ETF · RUS 1000 VAL ETF · CORE S&P500 ETF · CORE S&P TTL STK · CORE S&P SCP ETF · CORE US AGGBD ET · RUS 2000 GRW ETF · CORE S&P MCP ETF · SELECT DIVID ETF · RUS 1000 ETF · RUSSELL 2000 ETF · RUS 2000 VAL ETF · GLOBAL MATER ETF · CORE MSCI EAFE · MSCI INTL QUALTY · CORE DIV GRWTH · BROAD USD HIGH · US TELECOM ETF · CHINA LG-CAP ETF12.59%$45M532.3K
2XLKSelect Sector SPDR TrSTATE STREET TEC · STATE STREET UTI · STATE STREET CON · STATE STREET FIN · STATE STREET COM · STATE STREET IND · STATE STREET HEA · STATE STREET REA · STATE STREET ENE · STATE STREET MAT11.75%$42M592.7K
3VBRVanguard Index FdsSM CP VAL ETF · MCAP VL IDXVIP · SML CP GRW ETF · MCAP GR IDXVIP · MID CAP ETF · SMALL CP ETF · VALUE ETF · S&P 500 ETF SHS · REAL ESTATE ETF10.20%$36M159.4K
4BIVVanguard Bd Index FdsINTERMED TERM · SHORT TRM BOND · TOTAL BND MRKT9.98%$36M457.8K
5BILSRDR Series TrustSTATE STREET SPD7.80%$28M538.8K
6VCITVanguard Scottsdale FdsINT-TERM CORP · SHRT TRM CORP BD · VNG RUS2000IDX3.39%$12M147.1K
7FENIFidelity Covington Trusthistory →ENHANCED INTL2.62%$9M255.9K
8NVDANvidia Corporationhistory →COM2.31%$8M44.2K
9GLDSPDR Gold Trhistory →GOLD SHS2.16%$8M19.4K
10MSFTMicrosoft Corphistory →COM1.86%$7M13.8K
11GOOGLAlphabet IncCAP STK CL A · CAP STK CL C1.75%$6M19.9K
12JPMJPMorgan Chase & Co.history →COM1.65%$6M18.3K
13AVGOBroadcom Inchistory →COM1.59%$6M16.5K
14WMTWalmart Inchistory →COM1.57%$6M50.5K
15JNJJohnson & Johnsonhistory →COM1.27%$5M21.9K
16AAPLApple Inchistory →COM1.24%$4M16.3K
17ABBVAbbvie Inchistory →COM1.23%$4M19.3K
18VVisa Inchistory →COM CL A1.21%$4M12.4K
19RTXRTX Corporationhistory →COM1.14%$4M22.3K
20CVXChevron Corp Newhistory →COM1.06%$4M24.8K
21QCOMQualcomm Inchistory →COM1.02%$4M21.3K
22AMZNAmazon Com Inchistory →COM1.02%$4M15.7K
23IBMInternational Business MachsCOM0.99%$4M11.9K
24GSGoldman Sachs Group IncCOM0.97%$3M3.9K
25ORCLOracle CorpCOM0.95%$3M17.4K
26DONWisdomTree TrUS MIDCAP DIVID · EMG MKTS SMCAP · US LARGECAP DIVD0.88%$3M58.1K
27DKSDicks Sporting Goods IncCOM0.88%$3M15.9K
28TRVTravelers Companies IncCOM0.85%$3M10.4K
29JEPIJ P Morgan Exchange Traded FEQUITY PREMIUM · BETABUILDERS DEV0.73%$3M45.4K
30COSTCostco Whsl Corp NewCOM0.72%$3M3.0K
31SOSouthern CoCOM0.69%$2M28.3K
32METMetLife IncCOM0.66%$2M29.9K
33ETNEaton Corp PLCSHS0.61%$2M6.8K
34NUENucor CorpCOM0.56%$2M12.3K
35EXMOCExxon Mobil CorpCOM0.49%$2M14.6K
36PPLPPL CorpCOM0.49%$2M49.6K
37JCIJohnson Ctls Intl PLCSHS0.47%$2M14.1K
38SPYSPDR S&P 500 ETF TRTR UNIT0.47%$2M2.4K
39PGProcter And Gamble CoCOM0.40%$1M9.9K
40BLKBlackrock IncCOM0.39%$1M1.3K
41NEENextEra Energy IncCOM0.33%$1M14.8K
42AMATApplied Matls IncCOM0.33%$1M4.5K
43PEGPublic Svc Enterprise Grp InCOM0.31%$1M13.8K
44VLOValero Energy CorpCOM0.29%$1M6.3K
45FRAFFranklin Finl Svcs CorpCOM0.28%$990,00019.7K
46APDAir Prods & Chems IncCOM0.25%$895,0003.6K
47KOCoca Cola CoCOM0.21%$755,00010.8K
48MDTMedtronic PLCSHS0.19%$675,0007.0K
49PEPPepsico IncCOM0.16%$561,0003.9K
50CEGConstellation Energy CorpCOM0.15%$530,0001.5K
51METAMeta Platforms IncCL A0.14%$505,000765
52ABTAbbott LabsCOM0.14%$493,0003.9K
53MRKMerck & Co IncCOM0.14%$484,0004.6K
54BNYBank New York Mellon CorpCOM0.13%$460,0004.0K
55WMWaste Mgmt Inc DelCOM0.12%$432,0002.0K
56AMDAdvanced Micro Devices IncCOM0.12%$412,0001.9K
57NSCNorfolk Southn CorpCOM0.11%$390,0001.4K
58PMPhilip Morris Intl IncCOM0.11%$379,0002.4K
59LLYEli Lilly & CoCOM0.10%$363,000338
60HDHome Depot IncCOM0.09%$305,000886
61PSXPhillips 66COM0.08%$299,0002.3K
62LMTLockheed Martin CorpCOM0.08%$295,000609
63PRUPrudential Finl IncCOM0.08%$283,0002.5K
64LOWLowes Cos IncCOM0.08%$278,0001.2K
65QRVOQorvo IncCOM0.08%$274,0003.2K
66MPCMarathon Pete CorpCOM0.07%$263,0001.6K
67ANETArista Networks IncCOM SHS0.07%$262,0002.0K
68STLDSteel Dynamics IncCOM0.07%$258,0001.5K
69BABAAlibaba Group Hldg LtdSPONSORED ADS0.07%$257,0001.8K
70AXPAmerican Express CoCOM0.07%$255,000688
71ELVElevance Health Inc FormerlyCOM0.07%$254,000725
72DUKDuke Energy Corp NewCOM NEW0.07%$254,0002.2K
73DLRDigital Rlty Tr IncCOM0.07%$240,0001.6K
74EXCExelon CorpCOM0.06%$226,0005.2K
75KMBKimberly -Clark CorpCOM0.06%$221,0002.2K
76WECWEC Energy Group IncCOM0.06%$211,0002.0K
77BBNBlackrock Tax Municipal Bd TrSHS0.06%$210,00012.9K
78CMICummins IncCOM0.06%$204,000400
79COPConocoPhillipsCOM0.05%$196,0002.1K
80RSReliance IncCOM0.05%$194,000670
81SYYSysco CorpCOM0.05%$188,0002.5K
82MOAltria Group IncCOM0.05%$187,0003.3K
83BHPBHP Group LtdSPONSORED ADS0.05%$181,0003.0K
84BMYBristol-Myers Squibb CoCOM0.05%$173,0003.2K
85GLPIGaming & Leisure Pptys IncCOM0.05%$168,0003.8K
86VZVerizon Communications IncCOM0.05%$166,0004.1K
87ORRFOrrstown Finl Svcs IncCOM0.05%$165,0004.7K
88QQQInvesco QQQ TrUNIT SER 10.05%$162,000264
89SHOPShopify IncCL A SUB VTG SHS0.05%$161,0001.0K
90EPDEnterprise Prods Partners LCOM0.04%$160,0005.0K
91CARRCarrier Global CorporationCOM0.04%$159,0003.0K
92DISDisney Walt CoCOM0.04%$156,0001.4K
93UNPUnion Pac CorpCOM0.04%$147,000635
94MCDMcDonalds CorpCOM0.04%$144,000470
95AMGNAmgen IncCOM0.04%$136,000415
96DHRDanaher CorporationCOM0.04%$135,000589
97CSCOCisco Sys IncCOM0.04%$135,0001.7K
98FASTFastenal CoCOM0.04%$134,0003.3K
99ACNAccenture Plc IrelandSHS CLASS A0.04%$133,000495
100VEAVanguard Tax-Managed FdsVAN FTSE DEV MKT0.04%$131,0002.1K

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 ↗.