Latest MONARCH CAPITAL MANAGEMENT INC/ Stock Portfolio

MONARCH CAPITAL MANAGEMENT INC/ Performance:

2024 Q3: 7.63%YTD: 12.14%2023: 6.43%

Performance for 2024 Q3 is 7.63%, and YTD is 12.14%, and 2023 is 6.43%.

About MONARCH CAPITAL MANAGEMENT INC/ and 13F Hedge Fund Stock Holdings

MONARCH CAPITAL MANAGEMENT INC/ is a hedge fund based in FORT WAYNE, IN. On 14-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $409.1 Millions. In it's latest 13F Holdings report, MONARCH CAPITAL MANAGEMENT INC/ reported an equity portfolio of $371.4 Millions as of 30 Sep, 2024.

The top stock holdings of MONARCH CAPITAL MANAGEMENT INC/ are MSFT, AAPL, HD. The fund has invested 5.8% of it's portfolio in MICROSOFT CORP and 4.1% of portfolio in APPLE INC.

The fund managers got completely rid off APPLIED MATLS INC (AMAT) stocks. They significantly reduced their stock positions in SOLVENTUM CORP, WALGREENS BOOTS ALLIANCE INC (WBA) and REGENERON PHARMACEUTICALS (REGN). MONARCH CAPITAL MANAGEMENT INC/ opened new stock positions in DEERE & CO (DE), AMENTUM HOLDINGS INC and VANGUARD SCOTTSDALE FDS (BNDW). The fund showed a lot of confidence in some stocks as they added substantially to CINTAS CORP (CTAS), DOLLAR GEN CORP NEW (DG) and ILLINOIS TOOL WKS INC (ITW).

MONARCH CAPITAL MANAGEMENT INC/ Annual Return Estimates Vs S&P 500

Our best estimate is that MONARCH CAPITAL MANAGEMENT INC made a return of 7.63% in the last quarter. In trailing 12 months, it's portfolio return was 20.68%.

New Buys

Ticker	$ Bought
deere & co	380,271
amentum holdings inc	248,809
vanguard scottsdale fds	220,452
ishares tr	210,730
texas instrs inc	204,092

New stocks bought by MONARCH CAPITAL MANAGEMENT INC/

Additions

Ticker	% Inc.
cintas corp	300
dollar gen corp new	53.71
illinois tool wks inc	21.7
united parcel service inc	16.12
oracle corp	10.8
nike inc	10.00
air prods & chems inc	9.73
copart inc	7.9

Additions to existing portfolio by MONARCH CAPITAL MANAGEMENT INC/

Reductions

Ticker	% Reduced
solventum corp	-26.95
walgreens boots alliance inc	-14.35
ge vernova inc	-11.54
regeneron pharmaceuticals	-8.16
vanguard tax-managed fds	-5.85
check point software tech lt	-4.35
bp plc	-4.26
ge aerospace	-3.96

MONARCH CAPITAL MANAGEMENT INC/ reduced stake in above stock

Sold off

Ticker	$ Sold
applied matls inc	-280,121

MONARCH CAPITAL MANAGEMENT INC/ got rid off the above stocks

Sector Distribution

MONARCH CAPITAL MANAGEMENT INC has about 18.3% of it's holdings in Healthcare sector.

Sector	%
Healthcare	18.3
Industrials	16.6
Technology	16.1
Consumer Defensive	13.6
Financial Services	10.2
Consumer Cyclical	8.3
Others	5.7
Communication Services	3.4
Basic Materials	3
Energy	2.6
Utilities	2.3

Market Cap. Distribution

MONARCH CAPITAL MANAGEMENT INC has about 86.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	46.7
MEGA-CAP	39.5
UNALLOCATED	5.7
MID-CAP	4.7
SMALL-CAP	3

Stocks belong to which Index?

About 93.1% of the stocks held by MONARCH CAPITAL MANAGEMENT INC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	86.4
Others	6.9
RUSSELL 2000	6.7

Top 5 Winners (%)		%
MMM	3m co	33.8 %
SMG	scotts miracle-gro co	33.3 %
PLXS	plexus corp	32.5 %
SHW	sherwin williams co	27.9 %
FFIV	f5 inc	27.8 %

Top 5 Winners ($)		$
HD	home depot inc	2.1 M
WMT	walmart inc	2.0 M
MCD	mcdonalds corp	2.0 M
AAPL	apple inc	1.5 M
ADP	automatic data processing in	1.4 M

Top 5 Losers (%)		%
CTAS	cintas corp	-72.3 %
DG	dollar gen corp new	-33.6 %
WBA	walgreens boots alliance inc	-23.9 %
INTC	intel corp	-23.7 %
ZIMV	zimvie inc	-13.0 %

Top 5 Losers ($)		$
CTAS	cintas corp	-1.3 M
MRK	merck & co inc	-1.2 M
MSFT	microsoft corp	-0.8 M
INTC	intel corp	-0.7 M
GOOG	alphabet inc	-0.6 M

MONARCH CAPITAL MANAGEMENT INC/ Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of MONARCH CAPITAL MANAGEMENT INC/

MONARCH CAPITAL MANAGEMENT INC has 118 stocks in it's portfolio. About 35% of the portfolio is in top 10 stocks. CTAS proved to be the most loss making stock for the portfolio. HD was the most profitable stock for MONARCH CAPITAL MANAGEMENT INC last quarter.

Last Reported on: 16 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	4.11	65,590	15,282,500	added	0.91

ABBV	abbvie inc	2.84	53,352	10,536,000	added	1.09

ABT	abbott labs	1.72	56,164	6,403,260	added	1.29

ACN	accenture plc ireland	1.69	17,703	6,257,660	reduced	-0.26

ADM	archer daniels midland co	0.18	11,070	661,322	added	1.00

ADP	automatic data processing in	2.78	37,085	10,307,100	reduced	-0.42

AES	aes corp	0.48	88,391	1,773,120	added	3.62

AFL	aflac inc	1.86	61,792	6,908,350	reduced	-0.71

AMAT	applied matls inc	0.00	0.00	0.00	sold off	-100

AMGN	amgen inc	0.07	760	244,880	added	7.04

AMZN	amazon com inc	0.09	1,825	340,053	added	2.82

APD	air prods & chems inc	0.89	11,115	3,309,380	added	9.73

BKH	black hills corp	0.09	5,480	334,938	unchanged	0.00

BMY	bristol-myers squibb co	0.34	24,458	1,265,460	added	0.95

BNDW	vanguard scottsdale fds	0.06	2,467	220,452	new

CARR	carrier global corporation	0.85	39,081	3,145,630	reduced	-0.2

CAT	caterpillar inc	0.14	1,317	515,106	unchanged	0.00

CB	chubb limited	0.54	6,954	2,010,830	unchanged	0.00

CCRD	corecard corporation	0.38	96,100	1,395,370	added	3.61

CHKP	check point software tech lt	0.14	2,747	529,650	reduced	-4.35