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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

Farmers National Bank

Quarter ended Q1 2025 · Filed May 14, 2025 · Accession 0001632966-25-000004

Total Value
$342.8M
Positions
209
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (209)

#IssuerTicker / CUSIPSharesValue% of Filing
1Apple Inc.AAPL88,295$22.1M6.45%
2Microsoft CorpMSFT48,399$20.4M5.95%
3JP Morgan ChaseVYLD64,819$15.5M4.53%
4Broadcom LtdAVGO60,842$14.1M4.12%
5Flexshares Glb. Upstream Ntrl.FLEX255,269$9.3M2.71%
6Home Depot IncHD22,788$8.9M2.59%
7Johnson & JohnsonJNJ57,956$8.4M2.45%
8Procter & Gamble Co74271810947,703$8.0M2.33%
9Visa Inc Class AV23,964$7.6M2.21%
10McDonald's CorpMCD25,397$7.4M2.15%
11Honeywell International Inc43851610630,900$7.0M2.04%
12Chevron CorpCVX46,262$6.7M1.95%
13Accenture Plc Class AACN18,044$6.3M1.85%
14Flexshares Yr. TIPS ETFFLEX269,451$6.3M1.83%
15Norfolk Southern Corp65584410826,302$6.2M1.80%
16Walt Disney Co25468710651,330$5.7M1.67%
17Starbucks CorpSBUX60,439$5.5M1.61%
18Allstate CorpALL-PJ26,373$5.1M1.48%
19International Business MachinesINTR22,612$5.0M1.45%
20Mastercard Inc Class AMA9,251$4.9M1.42%
21Vanguard Information Technology92204A7027,652$4.8M1.39%
22Alphabet Inc Class CGOOG24,734$4.7M1.37%
23Nextera Energy IncNEE-PW64,505$4.6M1.35%
24Coca-Cola CompanyKO72,533$4.5M1.32%
25Comcast Corp Class ACCZ117,722$4.4M1.29%
26Exxon Mobil CorpXOM37,078$4.0M1.16%
27SPDR S&P 500 ETFSPY6,624$3.9M1.13%
28UnitedHealth Group IncUNH7,466$3.8M1.10%
29Cisco Systems IncCSCO63,063$3.7M1.09%
30Medtronic Plc CorpMDT44,399$3.5M1.03%
31United Parcel Service Inc ClassUPS27,816$3.5M1.02%
32CVS Health CorpCVS75,554$3.4M0.99%
33Duke Energy CorpDUKB29,802$3.2M0.94%
34AT&T IncT-PC134,536$3.1M0.89%
35Target CoTGT21,466$2.9M0.85%
36NVIDIA CorpNVDA21,320$2.9M0.84%
37General Dynamics CorpGD10,349$2.7M0.80%
38Ecolab IncECL10,392$2.4M0.71%
39Pepsico IncPEP15,544$2.4M0.69%
40Pfizer IncPFE89,082$2.4M0.69%
41Truist Financial Corp89832Q10953,644$2.3M0.68%
42Eli Lilly & Co.LLY2,984$2.3M0.67%
43Invesco S&P 500 Equal Weight ETIVZ12,951$2.3M0.66%
44Wisdomtree US Midcap Dividend FWT42,747$2.2M0.64%
45Wisdomtree US Smallcap DividendWT62,339$2.1M0.62%
46Amazon.com IncAMZN8,314$1.8M0.53%
47Walmart Stores IncWMT19,461$1.8M0.51%
48Mondelez International Inc A60920710528,844$1.7M0.50%
49Lowe's Companies Inc5486611076,955$1.7M0.50%
50iShares Russell Mid-Cap ETF46428749917,221$1.5M0.44%
51iShares Select Dividend ETF46428716811,402$1.5M0.44%
52iShares MBS ETF46428858816,078$1.5M0.43%
53iShares GNMA Bond ETF46429B33334,292$1.5M0.43%
54Berkshire Hathaway Inc Class BBRK-A3,192$1.4M0.42%
55Invesco Bulletshares 2026 MunicIVZ60,728$1.4M0.42%
56iShares Russell 2000 ETF4642876556,291$1.4M0.41%
57Dimensional US Marketwide Value25434V72433,376$1.4M0.40%
58Southern CompanySOMN16,194$1.3M0.39%
59iShares iBonds 2026 Corporate E46435GAA052,376$1.3M0.37%
60Invesco Bulletshares 2025 MunicIVZ48,950$1.2M0.35%
61iShares Russell 1000 Growth ETF4642876142,956$1.2M0.35%
62Vanguard Mid-Cap Index ETF9229086294,385$1.2M0.34%
63Invesco BulletShares 2030 MunicIVZ53,321$1.2M0.34%
64Communication Services SPDR81369Y85211,857$1.1M0.33%
65Merck & Co IncMRK11,143$1.1M0.32%
66Invesco Bulletshares 2028 MunicIVZ47,283$1.1M0.32%
67iShares iBonds 2025 Corporate E46434VBD142,460$1.1M0.31%
68Invesco Bulletshares 2027 MunicIVZ45,012$1.1M0.31%
69iShares iBonds 2028 Corporate E46435U51542,357$1.1M0.31%
70Invesco Bulletshares 2029 MunicIVZ45,571$1.0M0.30%
71iShares 1-3 Year Treasury Bond46428745712,751$1.0M0.30%
72Invesco Bulletshares 2031 MunicIVZ49,541$1.0M0.30%
73iShares iBonds 2027 Corporate E46435UAA943,151$1.0M0.30%
74Caterpillar IncCAT2,828$1.0M0.30%
75Vanguard S&P 500 ETF9229083631,855$999,4930.29%
76iShares Core S&P 500 ETF4642872001,643$967,2010.28%
77Alphabet Inc Class AGOOG5,022$950,6650.28%
78Vanguard Growth Index ETF9229087362,256$925,9530.27%
79iShares iBonds 2030 Corporate E46436E72642,845$915,1690.27%
80Raytheon Technologies CorpRTX7,852$908,6330.27%
81Oracle CorporationORCL-PD5,291$881,6920.26%
82iShares iBonds 2029 Corporate E46436E20538,649$881,1970.26%
83Wisdomtree Global Ex-US QualityWT23,204$876,6470.26%
84Union Pacific CorpUNP3,805$867,6920.25%
85Vanguard Large Cap Index ETF9229086373,114$839,8460.25%
86Abbvie IncABBV4,502$800,0050.23%
87SPDR Dow Jones Industrial Avera78467X1091,859$791,0050.23%
88iShares iBonds 2031 Corporate E46436E48637,755$768,3140.22%
89iShares S&P 500 Growth ETF4642873097,482$759,6470.22%
90Vanguard Small-Cap Index ETF9229087512,972$714,1120.21%
91Analog Devices Inc.ADI3,200$679,8720.20%
92iShares US Treasury Bond ETF46429B26729,431$676,3240.20%
93Kimberly-Clark CorpKMB5,088$666,7320.19%
94Darden Restaurants IncDRI3,420$638,4800.19%
95iShares iBonds 2032 Corporate E46436E31225,699$631,6810.18%
96Emerson Electric CoEMR5,095$631,4230.18%
97Invesco QQQ Trust Series IIVZ1,230$628,8130.18%
98Bank of New York Mellon Corp0640581008,126$624,3210.18%
99Clorox CompanyCLX3,819$620,2440.18%
100Amgen IncAMGN2,365$616,4140.18%
101Deere & CoDE1,424$603,3490.18%
102Vanguard Developed Markets Inde92194385812,249$585,7470.17%
103Vanguard Dividend Appreciation9219088442,932$574,1740.17%
104iShares Core S&P Mid-Cap ETF4642875079,204$573,5010.17%
105Colgate-Palmolive CoCL6,165$560,4600.16%
106TJX Companies Inc8725401094,492$542,6790.16%
107Meta Platforms IncMETA919$538,0840.16%
108iShares Trust Core US Aggregate4642872265,434$526,5550.15%
109Vanguard REIT Index ETF9229085535,808$517,3770.15%
110PPG Industries Inc6935061074,242$506,7070.15%
111Technology Select Sector SPDR -81369Y8032,153$500,6160.15%
112iShares S&P National Municipal4642884144,607$490,8760.14%
113Bristol-Myers Squibb CoCELG-RI8,662$489,9230.14%
114iShares Russell 1000 ETF4642876221,504$484,5290.14%
115Abbott LaboratoriesABLZF4,176$472,3470.14%
116Carrier Global CorpCARR6,718$458,5710.13%
117Morgan Stanley CorpMS-PQ3,535$444,4200.13%
118iShares ESG Aware MSCI USA ETF46435G4253,366$433,6080.13%
119PNC Financial Services Group6934751052,226$429,2840.13%
120General Mills Inc3703341046,715$428,2160.12%
121Costco Wholesale Corp22160K105463$424,2330.12%
122Nike Inc Class BNKE5,543$419,4390.12%
123Howmet Aerospace IncHWM3,469$379,4050.11%
124iShares ESG Aware Small Cap ETF46435U6638,632$362,9760.11%
125Vanguard Value Index ETF9229087442,134$361,2860.11%
126Automatic Data ProcessingADP1,199$350,9830.10%
127Chubb LTD CorpCB1,229$339,5730.10%
128iShares Russell 1000 Value ETF4642875981,805$334,1600.10%
129T Rowe Price Group Inc.TROW2,934$331,8060.10%
130Lockheed Martin CorpLMT671$326,0660.10%
131Verizon Communications IncVZ8,012$320,4000.09%
132Otis Worldwide CorpOTIS3,384$313,3920.09%
133Consumer Discretionary Select S81369Y4071,381$309,8270.09%
134Health Care Select Sector SPDR81369Y2092,118$291,3730.09%
135KLA CorporationKLAC461$290,4850.08%
136Intel CorporationINTC14,246$285,6320.08%
137Salesforce.Com IncCRM831$277,8280.08%
138Vanguard Small-Cap Grwth ETF922908595953$266,8970.08%
139Procter & Gamble Co7427181091,586$265,8930.08%
140iShares Core S&P Small-Cap ETF4642878042,240$258,0930.08%
141iShares ESG Aware MSCI EAFE ETF46435G5163,382$257,5050.08%
142iShares Core MSCI Emerging Mark46434G1034,930$257,4450.08%
143iShares S&P Mid-Cap 400 Growth4642876062,816$256,0590.07%
144Financial Select Sector SPDR ET81369Y6055,236$253,0560.07%
145iShares ESG Aware Aggregate Bon46435U5495,396$250,5900.07%
146iShares ESG Aware High Yield ET46435G4415,306$245,1110.07%
147Cencora IncCOR1,068$239,9580.07%
148CSX CorpCSX7,403$238,8950.07%
149Novartis Ag ADRNVSEF2,420$235,4900.07%
150American ExpressAXP793$235,3540.07%
151Enbridge IncENNPF5,535$234,8500.07%
152NXP Semiconductors NVNXPI1,125$233,8310.07%
153Vanguard Extended Markets ETF9229086521,167$221,7070.06%
154Genuine Parts CoGPC1,842$215,0720.06%
155Vanguard Idx Total Stock Market922908769742$215,0390.06%
156Capital One Financial14040H1051,190$212,2010.06%
157Philip Morris International Inc7181721091,713$206,1600.06%
158Bank of America Corp0605051044,572$200,9390.06%
159Abbvie IncABBV1,000$177,7000.05%
160Coca-Cola CompanyKO2,200$136,9720.04%
161Microsoft CorpMSFT300$126,4500.04%
162Abbott LaboratoriesABLZF1,100$124,4210.04%
163JP Morgan ChaseVYLD430$103,0750.03%
164Walgreens Boots Alliance Inc93142710810,761$100,4000.03%
165Bristol-Myers Squibb CoCELG-RI1,700$96,1520.03%
166Opko Health IncOPK50,300$73,9410.02%
167Apple Inc.AAPL286$71,6200.02%
168AT&T IncT-PC2,637$60,0440.02%
169Home Depot IncHD140$54,4590.02%
170United Parcel Service Inc ClassUPS420$52,9620.02%
171Verizon Communications IncVZ1,065$42,5890.01%
172Honeywell International Inc438516106157$35,4650.01%
173Pfizer IncPFE1,266$33,5870.01%
174Starbucks CorpSBUX365$33,3060.01%
175Norfolk Southern Corp655844108137$32,1540.01%
176Johnson & JohnsonJNJ221$31,9610.01%
177Target CoTGT201$27,1710.01%
178Raytheon Technologies CorpRTX190$21,9870.01%
179Cisco Systems IncCSCO299$17,7010.01%
180Invesco Bulletshares 2028 MunicIVZ647$15,0950.00%
181Invesco Bulletshares 2029 MunicIVZ656$15,0490.00%
182Invesco Bulletshares 2031 MunicIVZ716$14,9860.00%
183International Business MachinesINTR66$14,5090.00%
184McDonald's CorpMCD50$14,4950.00%
185Invesco BulletShares 2030 MunicIVZ658$14,2920.00%
186General Dynamics CorpGD54$14,2280.00%
187Walgreens Boots Alliance Inc9314271081,500$13,9950.00%
188Comcast Corp Class ACCZ345$12,9480.00%
189Visa Inc Class AV40$12,6420.00%
190Ecolab IncECL49$11,4820.00%
191Intel CorporationINTC540$10,8270.00%
192Mondelez International Inc A609207105177$10,5720.00%
193Invesco Bulletshares 2027 MunicIVZ427$10,0770.00%
194Amgen IncAMGN38$9,9040.00%
195Invesco Bulletshares 2025 MunicIVZ398$9,7550.00%
196Invesco Bulletshares 2026 MunicIVZ406$9,5690.00%
197Allstate CorpALL-PJ49$9,4470.00%
198iShares Select Dividend ETF46428716869$9,0590.00%
199Bank of New York Mellon Corp064058100100$7,6830.00%
200Flexshares Glb. Upstream Ntrl.FLEX190$6,9080.00%
201Accenture Plc Class AACN18$6,3320.00%
202Carrier Global CorpCARR90$6,1430.00%
203Wisdomtree US Midcap Dividend FWT113$5,7600.00%
204Invesco S&P 500 Equal Weight ETIVZ32$5,6070.00%
205Flexshares Yr. TIPS ETFFLEX188$4,3730.00%
206Otis Worldwide CorpOTIS45$4,1670.00%
207Nike Inc Class BNKE40$3,0270.00%
208Merck & Co IncMRK25$2,4870.00%
209Shoshone Silver Mining Company82535610810,000$10.00%