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Institutional Investment Manager
MONARCH CAPITAL MANAGEMENT INC
MONARCH CAPITAL MANAGEMENT INC (CIK: 0000938759) incorporated in Indiana, located at 127 West Berry Street Ste 402, Fort Wayne, IN. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q4)
Portfolio Summary: 98 holdings with a total value of $260,477,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 WALGREENS BOOTS ALLIANCE INC 115,777 9,859,000 3.78%
2 MERCK & CO INC 180,096 9,513,000 3.65%
3 MCDONALDS CORP 77,994 9,214,000 3.54%
4 Exxon Mobil Corp 108,202 8,434,000 3.24%
5 COCA COLA CO 188,140 8,082,000 3.10%
6 HOME DEPOT INC 57,914 7,659,000 2.94%
7 PHILIP MORRIS INTL INC 83,965 7,381,000 2.83%
8 JOHNSON & JOHNSON 71,036 7,297,000 2.80%
9 LAKELAND FINL CORP COM 155,065 7,229,000 2.78%
10 MEDTRONIC PLC 88,828 6,833,000 2.62%
11 MICROSOFT CORP 118,554 6,577,000 2.52%
12 PROCTER AND GAMBLE CO 81,146 6,444,000 2.47%
13 WAL-MART STORES INC 102,056 6,256,000 2.40%
14 GENERAL ELECTRIC CO 199,066 6,201,000 2.38%
15 INTEL CORP 175,273 6,038,000 2.32%
16 FRANKLIN ELEC INC COM 201,504 5,447,000 2.09%
17 3M Co 35,538 5,353,000 2.06%
18 AUTOMATIC DATA PROCESSING IN 59,473 5,039,000 1.93%
19 Cisco Systems Inc 180,948 4,914,000 1.89%
20 ALTRIA GROUP INC 83,561 4,864,000 1.87%
21 EMC 186,306 4,784,000 1.84%
22 EMERSON ELEC CO 99,940 4,780,000 1.84%
23 SYSCO CORP 114,505 4,695,000 1.80%
24 UNITED TECHNOLOGIES CORP 47,544 4,568,000 1.75%
25 PFIZER INC 140,806 4,545,000 1.74%
26 ABBOTT LABS 96,273 4,324,000 1.66%
27 US BANCORP DEL 96,521 4,119,000 1.58%
28 ABBVIE INC 67,281 3,986,000 1.53%
29 PEPSICO INC 38,660 3,863,000 1.48%
30 ACCENTURE PLC IRELAND 36,790 3,845,000 1.48%
31 WELLS FARGO & CO NEW 70,193 3,816,000 1.47%
32 CINCINNATI FIN 63,555 3,761,000 1.44%
33 STRYKER CORP 32,747 3,044,000 1.17%
34 ZIMMER BIOMET HLDGS INC 27,751 2,847,000 1.09%
35 VANGUARD INTL EQUITY INDEX F 86,734 2,837,000 1.09%
36 NEXTERA ENERGY INC 27,292 2,835,000 1.09%
37 FLOWSERVE CORP 60,700 2,554,000 0.98%
38 MONDELEZ INTL INC 56,891 2,551,000 0.98%
39 AT&T Inc New 74,029 2,547,000 0.98%
40 BP PLC 81,412 2,545,000 0.98%
41 AFLAC INC 41,980 2,515,000 0.97%
42 DISNEY WALT CO 23,122 2,430,000 0.93%
43 BRISTOL MYERS SQUIBB CO 31,409 2,161,000 0.83%
44 VODAFONE GROUP PLC NEW 64,838 2,092,000 0.80%
45 CHEVRON CORP NEW 22,417 2,017,000 0.77%
46 STEEL DYNAMICS INC 109,695 1,960,000 0.75%
47 SCHLUMBERGER LTD 27,904 1,946,000 0.75%
48 NORTHERN TRUST 26,969 1,944,000 0.75%
49 JPMorgan Chase & Co 27,429 1,811,000 0.70%
50 GENUINE PARTS CO 20,860 1,792,000 0.69%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000938759-16-000005, filed 2016.01.25).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.