MONARCH CAPITAL MANAGEMENT INC
Long book
$408.6M
Q1 2026
Positions
127
Top-10 weight
33%
concentration
Last quarter
+9.6%
SPY +14.8%
Turnover
5%
of book per quarter
Strategy in plain words
auto-generated from filingsMONARCH CAPITAL MANAGEMENT INC is an institutional manager, running a $408.6M US long book across 127 positions.
The portfolio is moderately concentrated (top 10 ≈ 33% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: MICROSOFT CORP, APPLE INC, WALMART INC, MERCK & CO. INC., JOHNSON & JOHNSON.
Over the last 9 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-2.2%
Q2 2024
+9.6%
Q3 2024
-0.8%
Q4 2024
+0.4%
Q1 2025
+3.4%
Q2 2025
+5.9%
Q3 2025
+2.0%
Q4 2025
+1.1%
Q1 2026
+9.6%
Sector allocation
Technology 21%
Healthcare 20%
Consumer discretionary 17%
Industrials 14%
Financials 11%
Consumer staples 3%
Utilities 3%
Energy 3%
Long book by quarter
What does MONARCH CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MSFT MICROSOFT CORP | Technology | 48.0K | $17.8M | 4.4% | -0.4% |
| AAPL APPLE INC | Technology | 59.8K | $15.2M | 3.7% | -4.7% |
| WMT WALMART INC | Consumer discretionary | 117.8K | $14.7M | 3.6% | -6.5% |
| MRK MERCK & CO. INC. | Healthcare | 120.6K | $14.6M | 3.6% | -1.9% |
| JNJ JOHNSON & JOHNSON | Healthcare | 58.5K | $14.3M | 3.5% | -4.0% |
| MCD MCDONALD'S CORP | Consumer discretionary | 37.9K | $11.8M | 2.9% | -2.9% |
| HD HOME DEPOT INC | Consumer discretionary | 33.0K | $10.9M | 2.7% | -0.6% |
| KR KROGER CO | Consumer discretionary | 149.1K | $10.8M | 2.6% | +0.1% |
| GOOG ALPHABET INC-CL C | Technology | 37.6K | $10.8M | 2.6% | -2.2% |
| ABBV ABBVIE INC | Healthcare | 48.8K | $10.6M | 2.6% | -1.7% |
| CSCO CISCO SYSTEMS INC | Technology | 133.9K | $10.4M | 2.5% | -1.8% |
| PWR QUANTA SERVICES INC | Industrials | 17.4K | $9.6M | 2.3% | -5.9% |
| FELE FRANKLIN ELECTRIC CO INC | Industrials | 94.7K | $8.7M | 2.1% | -1.7% |
| LKFN LAKELAND FINANCIAL CORP | Financials | 148.0K | $8.5M | 2.1% | -3.6% |
| XOM EXXON MOBIL CORP | Energy | 47.9K | $8.1M | 2.0% | -3.3% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 36.9K | $7.6M | 1.9% | +4.6% |
| EMR EMERSON ELECTRIC CO | Industrials | 56.6K | $7.4M | 1.8% | -1.1% |
| KO COCA-COLA CO/THE | Consumer staples | 91.3K | $7.0M | 1.7% | -3.4% |
| PG PROCTER & GAMBLE CO/THE | Other | 45.9K | $6.6M | 1.6% | -0.9% |
| USB US BANCORP | Financials | 124.4K | $6.5M | 1.6% | -3.9% |
| JPM JPMORGAN CHASE & CO | Financials | 20.6K | $6.0M | 1.5% | -1.9% |
| AFL AFLAC INC | Financials | 54.9K | $6.0M | 1.5% | -3.7% |
| GILD GILEAD SCIENCES INC | Healthcare | 40.1K | $5.6M | 1.4% | -7.9% |
| ABT ABBOTT LABORATORIES | Healthcare | 54.3K | $5.6M | 1.4% | 0.0% |
| NEE NEXTERA ENERGY INC | Utilities | 57.2K | $5.3M | 1.3% | -2.1% |
| STLD STEEL DYNAMICS INC | Industrials | 29.1K | $5.3M | 1.3% | -3.4% |
| MDT MEDTRONIC PLC | Healthcare | 59.6K | $5.2M | 1.3% | +1.2% |
| SYK STRYKER CORP | Healthcare | 14.0K | $4.6M | 1.1% | -2.0% |
| MMM 3M CO | Healthcare | 31.2K | $4.5M | 1.1% | +0.9% |
| GOOGL ALPHABET INC-CL A | Technology | 15.6K | $4.5M | 1.1% | -2.3% |
| CINF CINCINNATI FINANCIAL CORP | Financials | 27.2K | $4.3M | 1.1% | -1.5% |
| FFIV F5 INC | Technology | 14.5K | $4.2M | 1.0% | -0.3% |
| APD AIR PRODUCTS & CHEMICALS INC | Materials | 13.7K | $4.0M | 1.0% | +1.6% |
| SYY SYSCO CORP | Consumer discretionary | 54.5K | $3.9M | 1.0% | -2.2% |
| GPC GENUINE PARTS CO | Consumer discretionary | 36.5K | $3.9M | 1.0% | +8.1% |
| INTC INTEL CORP | Technology | 86.5K | $3.8M | 0.9% | -0.7% |
| ACN ACCENTURE PLC-CL A | Services media | 18.2K | $3.6M | 0.9% | +0.9% |
| PFE PFIZER INC | Healthcare | 124.8K | $3.5M | 0.9% | -0.8% |
| ZBH ZIMMER BIOMET HOLDINGS INC | Healthcare | 37.4K | $3.4M | 0.8% | +0.9% |
| FLS FLOWSERVE CORP | Industrials | 45.7K | $3.4M | 0.8% | -6.4% |
| RTX RTX CORP | Industrials | 16.1K | $3.1M | 0.8% | -1.3% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 31.5K | $3.1M | 0.8% | +2.7% |
| CVX CHEVRON CORP | Energy | 13.5K | $2.8M | 0.7% | -3.5% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 5.6K | $2.7M | 0.7% | 0.0% |
| CARR CARRIER GLOBAL CORP | Industrials | 46.9K | $2.6M | 0.6% | +4.7% |
| FISV FISERV INC | Services media | 45.6K | $2.5M | 0.6% | +10.2% |
| CB CHUBB LTD | Financials | 7.7K | $2.5M | 0.6% | +2.2% |
| REGN REGENERON PHARMACEUTICALS | Healthcare | 3.2K | $2.5M | 0.6% | +2.8% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 47.2K | $2.4M | 0.6% | +0.9% |
| TGT TARGET CORP | Consumer discretionary | 19.3K | $2.3M | 0.6% | +4.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 16, 2026 | 127 | $408.6M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 23, 2026 | 124 | $406.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 20, 2025 | 122 | $407.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 20, 2025 | 117 | $372.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 15, 2025 | 115 | $359.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 15, 2025 | 114 | $365.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 16, 2024 | 118 | $371.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 24, 2024 | 114 | $340.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 25, 2024 | 116 | $354.3M | canonical | SEC ↗ |
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