13F HOLDINGS REPORT
MONARCH CAPITAL MANAGEMENT INC/
Quarter ended Q1 2025 · Filed April 15, 2025 · Accession 0000938759-25-000004
Total Value
$359.8M
Positions
115
Other Managers
0
Confidential Omitted
No
Holdings (115)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 50,164 | $18.8M | 5.23% |
| 2 | APPLE INC | AAPL | 64,047 | $14.2M | 3.95% |
| 3 | HOME DEPOT INC | HD | 33,416 | $12.2M | 3.40% |
| 4 | WALMART INC | WMT | 139,046 | $12.2M | 3.40% |
| 5 | MCDONALDS CORP | MCD | 38,911 | $12.2M | 3.38% |
| 6 | AUTOMATIC DATA PROCESSING IN | ADP | 35,823 | $11.0M | 3.06% |
| 7 | MERCK & CO INC | MRK | 119,213 | $10.8M | 2.99% |
| 8 | ABBVIE INC | ABBV | 51,343 | $10.8M | 2.99% |
| 9 | JOHNSON & JOHNSON | JNJ | 61,856 | $10.3M | 2.85% |
| 10 | KROGER CO | KR | 143,189 | $9.7M | 2.69% |
| 11 | FRANKLIN ELEC INC | FELE | 96,733 | $9.1M | 2.52% |
| 12 | LAKELAND FINL CORP | 511656100 | 152,773 | $9.1M | 2.52% |
| 13 | CISCO SYS INC | CSCO | 140,646 | $8.7M | 2.41% |
| 14 | PROCTER AND GAMBLE CO | 742718109 | 46,223 | $7.9M | 2.19% |
| 15 | COCA COLA CO | KO | 102,052 | $7.3M | 2.04% |
| 16 | ABBOTT LABS | ABLZF | 54,730 | $7.3M | 2.02% |
| 17 | EMERSON ELEC CO | EMR | 62,176 | $6.8M | 1.89% |
| 18 | AFLAC INC | AFL | 59,172 | $6.6M | 1.83% |
| 19 | FISERV INC | FISV | 29,125 | $6.4M | 1.79% |
| 20 | ALPHABET INC | GOOG | 38,554 | $6.0M | 1.67% |
| 21 | EXXON MOBIL CORP | XOM | 50,524 | $6.0M | 1.67% |
| 22 | QUANTA SVCS INC | 74762E102 | 23,076 | $5.9M | 1.63% |
| 23 | US BANCORP DEL | USB-PS | 130,187 | $5.6M | 1.55% |
| 24 | STRYKER CORPORATION | SYK | 14,896 | $5.6M | 1.54% |
| 25 | JPMORGAN CHASE & CO. | VYLD | 22,550 | $5.5M | 1.54% |
| 26 | MEDTRONIC PLC | MDT | 61,169 | $5.5M | 1.54% |
| 27 | ACCENTURE PLC IRELAND | ACN | 17,329 | $5.4M | 1.50% |
| 28 | GILEAD SCIENCES INC | GILD | 44,689 | $5.0M | 1.39% |
| 29 | 3M CO | MMM | 31,127 | $4.6M | 1.27% |
| 30 | SYSCO CORP | SYY | 58,633 | $4.4M | 1.22% |
| 31 | CINCINNATI FINL CORP | 172062101 | 28,225 | $4.2M | 1.17% |
| 32 | NEXTERA ENERGY INC | NEE-PW | 57,900 | $4.1M | 1.14% |
| 33 | F5 INC | FFIV | 14,786 | $3.9M | 1.09% |
| 34 | ZIMMER BIOMET HOLDINGS INC | ZBH | 34,333 | $3.9M | 1.08% |
| 35 | GENUINE PARTS CO | GPC | 32,144 | $3.9M | 1.07% |
| 36 | STEEL DYNAMICS INC | STLD | 30,678 | $3.8M | 1.07% |
| 37 | AIR PRODS & CHEMS INC | AIIR | 11,882 | $3.5M | 0.97% |
| 38 | UNITED PARCEL SERVICE INC | UPS | 29,745 | $3.3M | 0.91% |
| 39 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 5,751 | $3.1M | 0.85% |
| 40 | PFIZER INC | PFE | 115,780 | $2.9M | 0.82% |
| 41 | VANGUARD MALVERN FDS | 922020805 | 52,738 | $2.6M | 0.73% |
| 42 | ALPHABET INC | GOOG | 16,911 | $2.6M | 0.73% |
| 43 | VANGUARD INTL EQUITY INDEX F | 922042858 | 55,541 | $2.5M | 0.70% |
| 44 | CARRIER GLOBAL CORPORATION | CARR | 38,301 | $2.4M | 0.67% |
| 45 | FLOWSERVE CORP | FLS | 47,796 | $2.3M | 0.65% |
| 46 | CHEVRON CORP NEW | CVX | 13,816 | $2.3M | 0.64% |
| 47 | RTX CORPORATION | RTX | 16,744 | $2.2M | 0.62% |
| 48 | CHUBB LIMITED | CB | 6,922 | $2.1M | 0.58% |
| 49 | DISNEY WALT CO | 254687106 | 21,197 | $2.1M | 0.58% |
| 50 | INTEL CORP | INTC | 90,976 | $2.1M | 0.57% |
| 51 | GE AEROSPACE | 369604301 | 9,327 | $1.9M | 0.52% |
| 52 | VERIZON COMMUNICATIONS INC | VZ | 40,589 | $1.8M | 0.51% |
| 53 | CORECARD CORPORATION | 45816D100 | 98,050 | $1.8M | 0.51% |
| 54 | PHILIP MORRIS INTL INC | 718172109 | 11,099 | $1.8M | 0.49% |
| 55 | PPL CORP | PPLC | 45,656 | $1.7M | 0.46% |
| 56 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 24,408 | $1.5M | 0.41% |
| 57 | TARGET CORP | TGT | 14,235 | $1.5M | 0.41% |
| 58 | ROGERS COMMUNICATIONS INC | RCIAF | 54,783 | $1.5M | 0.41% |
| 59 | ONEOK INC NEW | OKE | 14,531 | $1.4M | 0.40% |
| 60 | AES CORP | AES | 113,315 | $1.4M | 0.39% |
| 61 | DOLLAR GEN CORP NEW | 256677105 | 15,793 | $1.4M | 0.39% |
| 62 | PEPSICO INC | PEP | 9,177 | $1.4M | 0.38% |
| 63 | GRAINGER W W INC | 384802104 | 1,255 | $1.2M | 0.34% |
| 64 | LOCKHEED MARTIN CORP | LMT | 2,623 | $1.2M | 0.33% |
| 65 | ELI LILLY & CO | LLY | 1,374 | $1.1M | 0.32% |
| 66 | SCOTTS MIRACLE-GRO CO | SMG | 20,483 | $1.1M | 0.31% |
| 67 | LINDE PLC | LIN | 2,045 | $952,234 | 0.26% |
| 68 | OTIS WORLDWIDE CORP | OTIS | 9,213 | $950,782 | 0.26% |
| 69 | REGENERON PHARMACEUTICALS | REGN | 1,404 | $890,459 | 0.25% |
| 70 | WALGREENS BOOTS ALLIANCE INC | 931427108 | 79,421 | $887,133 | 0.25% |
| 71 | COSTCO WHSL CORP NEW | 22160K105 | 853 | $806,751 | 0.22% |
| 72 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 1 | $798,442 | 0.22% |
| 73 | PLEXUS CORP | PLXS | 6,150 | $788,000 | 0.22% |
| 74 | JACOBS SOLUTIONS INC | J | 6,463 | $781,313 | 0.22% |
| 75 | COPART INC | CPRT | 13,761 | $778,735 | 0.22% |
| 76 | ZIMVIE INC | 98888T107 | 69,700 | $752,760 | 0.21% |
| 77 | ARCHER DANIELS MIDLAND CO | ADM | 15,510 | $744,636 | 0.21% |
| 78 | SPDR S&P 500 ETF TR | SPY | 1,277 | $716,507 | 0.20% |
| 79 | WELLS FARGO CO NEW | 949746101 | 9,944 | $713,880 | 0.20% |
| 80 | NORTHERN TR CORP | NTRSO | 7,078 | $703,554 | 0.20% |
| 81 | BP PLC | BPPFF | 20,796 | $702,697 | 0.20% |
| 82 | VISA INC | V | 1,934 | $677,790 | 0.19% |
| 83 | COLGATE PALMOLIVE CO | CL | 7,209 | $675,484 | 0.19% |
| 84 | GE VERNOVA INC | GEV | 2,118 | $646,584 | 0.18% |
| 85 | NORFOLK SOUTHN CORP | 655844108 | 2,640 | $625,284 | 0.17% |
| 86 | ALTRIA GROUP INC | MO | 10,187 | $621,815 | 0.17% |
| 87 | KIMBERLY-CLARK CORP | KMB | 4,291 | $614,791 | 0.17% |
| 88 | CHECK POINT SOFTWARE TECH LT | M22465104 | 2,619 | $596,923 | 0.17% |
| 89 | ORACLE CORP | ORCL-PD | 3,859 | $539,527 | 0.15% |
| 90 | ELEVANCE HEALTH INC | ELV | 1,153 | $501,509 | 0.14% |
| 91 | CINTAS CORP | CTAS | 2,400 | $493,272 | 0.14% |
| 92 | SHERWIN WILLIAMS CO | SHW | 1,331 | $464,772 | 0.13% |
| 93 | NUCOR CORP | NUE | 3,574 | $432,061 | 0.12% |
| 94 | DEERE & CO | DE | 908 | $427,641 | 0.12% |
| 95 | AT&T INC | T-PC | 14,836 | $419,563 | 0.12% |
| 96 | CATERPILLAR INC | CAT | 1,237 | $407,963 | 0.11% |
| 97 | PNC FINL SVCS GROUP INC | 693475105 | 2,252 | $395,835 | 0.11% |
| 98 | ILLINOIS TOOL WKS INC | 452308109 | 1,513 | $376,704 | 0.10% |
| 99 | AMAZON COM INC | AMZN | 1,964 | $373,671 | 0.10% |
| 100 | VANGUARD TAX-MANAGED FDS | 921943858 | 7,128 | $362,317 | 0.10% |
| 101 | FIRST MERCHANTS CORP | FRMEP | 8,918 | $360,644 | 0.10% |
| 102 | BLACK HILLS CORP | BKH | 5,485 | $332,666 | 0.09% |
| 103 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 1,976 | $329,356 | 0.09% |
| 104 | CANADIAN NATL RY CO | 136375102 | 3,217 | $314,804 | 0.09% |
| 105 | CONOCOPHILLIPS | COP | 2,936 | $308,339 | 0.09% |
| 106 | NIKE INC | NKE | 4,400 | $281,072 | 0.08% |
| 107 | ISHARES TR | 464287481 | 2,256 | $265,058 | 0.07% |
| 108 | MONDELEZ INTL INC | 609207105 | 3,475 | $237,412 | 0.07% |
| 109 | AMGEN INC | AMGN | 760 | $236,778 | 0.07% |
| 110 | VANGUARD SCOTTSDALE FDS | 92206C664 | 2,746 | $221,465 | 0.06% |
| 111 | VANGUARD INDEX FDS | 922908769 | 788 | $216,574 | 0.06% |
| 112 | NISOURCE INC | NI | 5,370 | $215,284 | 0.06% |
| 113 | CONSTELLATION BRANDS INC | STZ | 1,161 | $213,067 | 0.06% |
| 114 | INTERNATIONAL BUSINESS MACHS | INTR | 851 | $211,610 | 0.06% |
| 115 | VERA BRADLEY INC | VRA | 10,300 | $23,175 | 0.01% |