Q3 2026 13F · SEC CIK 938759

Monarch Capital Management Inc

Wealth managerFiled 2026-10-19 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $436.5M
Reported positions: 130
Top holdings a year, 3 yrs: +11.6%
Assets under management: $495.7M

Monarch Capital Management Inc is a wealth manager that reported 130 positions worth $436.5M in its Q3 2026 13F, filed 2026-10-19. Its largest holdings were Microsoft Corp (MSFT, 5.7%), Apple Inc (AAPL, 4.3%), Merck & Co Inc (MRK, 3.9%). A portfolio copying its top holdings returned 11.6% a year over the last 3 years, against 20.4% for the S&P 500.

Monarch Capital Management Inc holdings largest 50 of 130 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Monarch Capital Management Inc 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
MSFTMicrosoft Corp	5.7%	4.1%	48,170	-0.5%	$24.7M
AAPLApple Inc	4.3%	3.9%	56,643	-3.0%	$18.9M
MRKMerck & Co Inc	3.9%	3.5%	116,622	-2.3%	$17.0M
JNJJohnson & Johnson	3.5%	3.4%	56,944	-1.4%	$15.1M
CSCOCisco Sys Inc	3.1%	3.4%	125,872	-1.7%	$13.5M
GOOGAlphabet Inc	2.9%	3.0%	37,269	+0.4%	$12.7M
ABBVAbbvie Inc	2.9%	2.8%	48,322	-1.5%	$12.6M
WMTWalmart Inc	2.7%	3.0%	114,395	-0.1%	$11.9M
PWRQuanta Svcs Inc	2.2%	2.6%	15,221	-2.2%	$9.8M
ADPAutomatic Data Processing in	2.2%	1.9%	36,933	-0.1%	$9.6M
HDHome Depot Inc	2.1%	2.6%	32,827	+0.3%	$9.3M
KRKroger Co	2.1%	2.0%	157,817	+2.3%	$9.3M
SGOVIshares Tr	2.1%	2.2%	88,911	-5.9%	$9.0M
MCDMcdonalds Corp	2.0%	2.3%	37,974	+0.9%	$8.8M
FELEFranklin Elec Inc	2.0%	2.3%	91,247	-1.6%	$8.7M
EMREmerson Elec Co	2.0%	1.9%	55,257	-2.0%	$8.6M
INTCIntel Corp	1.9%	2.3%	70,537	-2.2%	$8.5M
LKFNLakeland Finl Corp	1.9%	2.1%	146,173	-0.4%	$8.4M
KOCoca Cola Co	1.7%	1.7%	86,003	-4.2%	$7.4M
XOMExxonmobil Holdings Corp	1.6%	—	44,170	—	$7.2M
USBUS Bancorp	1.6%	1.7%	122,627	-0.8%	$7.1M
JPMJpmorgan Chase & Co	1.5%	1.6%	20,210	-2.3%	$6.7M
PGProcter & Gamble Co	1.5%	1.5%	45,264	-0.5%	$6.6M
GILDGilead Sciences Inc	1.4%	1.2%	40,570	-0.3%	$6.0M
AFLAflac Inc	1.4%	1.5%	53,208	-1.6%	$5.9M
FFIVF5 Inc	1.3%	1.3%	13,167	-6.2%	$5.9M
STLDSteel Dynamics Inc	1.3%	1.4%	25,700	-3.1%	$5.7M
ABTAbbott Laboratories	1.3%	1.2%	55,344	-0.8%	$5.5M
MDTMedtronic PLC	1.2%	1.1%	59,101	-1.5%	$5.1M
GOOGLAlphabet Inc	1.2%	1.2%	14,850	-1.4%	$5.1M
MMM3m Co	1.2%	1.2%	30,959	-1.2%	$5.1M
GPCGenuine Parts Co	1.1%	1.0%	36,868	-2.1%	$4.7M
NEENextera Energy Inc	1.0%	1.1%	57,927	+2.4%	$4.4M
SYKStryker Corporation	1.0%	1.1%	15,738	+2.9%	$4.3M
CINFCincinnati Finl Corporation	1.0%	1.2%	26,701	-1.3%	$4.3M
SYYSysco Corp	1.0%	1.0%	53,844	-1.6%	$4.2M
APDAir Products and Chemicals I	0.8%	0.9%	13,134	-4.6%	$3.7M
PFEPfizer Inc	0.8%	0.7%	123,947	-2.8%	$3.5M
ACNAccenture PLC Ireland	0.8%	—	18,888	—	$3.5M
ZBHZimmer Biomet Holdings Inc	0.8%	0.7%	37,831	+0.3%	$3.4M
FLSFlowserve Corp	0.8%	0.8%	45,171	-0.7%	$3.3M
VWOVanguard Intl Equity Index F	0.7%	0.7%	51,900	-1.4%	$3.1M
RTXRtx Corporation	0.7%	0.7%	15,948	+0.0%	$3.0M
REGNRegeneron Pharmaceuticals	0.7%	—	3,869	—	$2.9M
UPSUnited Parcel Svcs Inc	0.7%	0.8%	30,832	-3.8%	$2.9M
FISVFiserv Inc	0.6%	0.6%	62,719	+10.5%	$2.8M
CARRCarrier Global Corporation	0.6%	0.8%	50,800	+8.2%	$2.8M
TGTTarget Corp	0.6%	0.6%	17,324	-8.8%	$2.7M
BRK-BBerkshire Hathaway Inc Del	0.6%	0.6%	5,398	-2.4%	$2.7M
CVXChevron Corporation	0.6%	—	13,036	—	$2.7M

What Monarch Capital Management Inc bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

FISV Fiserv Inc+10.5% shares
CARR Carrier Global Corporation+8.2% shares

Reduced

TGT Target Corp-8.8% shares
FFIV F5 Inc-6.2% shares
SGOV Ishares Tr-5.9% shares

Left the top 50

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +12.4% /yr; S&P 500 +20.1%
3 years: +11.6% /yr; S&P 500 +20.4%
5 years: +7.5% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$436.5M	130
Q2 2026	$436.2M	130
Q1 2026	$408.6M	127
Q4 2025	$406.8M	124
Q3 2025	$407.9M	122
Q2 2025	$372.5M	117
Q1 2025	$359.8M	115
Q4 2024	$365.1M	114
Q3 2024	$371.4M	118
Q2 2024	$340.3M	114
Q1 2024	$354.3M	116
Q4 2023	$330.2M	112

Questions about Monarch Capital Management Inc's portfolio

What stocks does Monarch Capital Management Inc own?

Monarch Capital Management Inc's latest 13F, for Q3 2026 and filed Oct 19, 2026, lists 130 positions worth $436.5M. The largest are Microsoft Corp (MSFT) at 5.7%, Apple Inc (AAPL) at 4.3%, Merck & Co Inc (MRK) at 3.9%, Johnson & Johnson (JNJ) at 3.5% and Cisco Sys Inc (CSCO) at 3.1%.

What did Monarch Capital Management Inc buy last quarter?

In Q3 2026, Monarch Capital Management Inc added Fiserv Inc (FISV) (+10.5% shares) and Carrier Global Corporation (CARR) (+8.2% shares), compared with its Q2 2026 filing.

What did Monarch Capital Management Inc sell last quarter?

In Q3 2026, Monarch Capital Management Inc cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Chubb Limited (CB), cut from its top 50 Vanguard Malvern Fds (VTIP), cut from its top 50 Ge Aerospace (GE), Target Corp (TGT) (-8.8% shares), F5 Inc (FFIV) (-6.2% shares) and Ishares Tr (SGOV) (-5.9% shares), compared with its Q2 2026 filing.

How has Monarch Capital Management Inc's portfolio performed?

A portfolio copying Monarch Capital Management Inc's 20 largest 13F holdings each quarter, from the day each filing was public, returned +11.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +12.4% against +20.1%. Over 5 years: +7.5% a year against +11.6%.

When is Monarch Capital Management Inc's next 13F filing due?

13F filings are due 45 days after each quarter ends. Monarch Capital Management Inc's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Monarch Capital Management Inc manage?

Monarch Capital Management Inc reported $495.7M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $436.5M.