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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 (2016Q3)
Portfolio Summary: 100 holdings with a total value of $264,011,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 MERCK & CO INC 183,559 11,456,000 4.34%
2 WALGREENS BOOTS ALLIANCE INC 113,656 9,163,000 3.47%
3 Exxon Mobil Corp 98,235 8,574,000 3.25%
4 FRANKLIN ELEC INC COM 205,844 8,380,000 3.17%
5 JOHNSON & JOHNSON 70,556 8,335,000 3.16%
6 LAKELAND FINL CORP COM 230,803 8,175,000 3.10%
7 MCDONALDS CORP 69,921 8,066,000 3.06%
8 MEDTRONIC PLC 87,164 7,531,000 2.85%
9 COCA COLA CO 177,428 7,509,000 2.84%
10 WAL-MART STORES INC 103,346 7,453,000 2.82%
11 PROCTER AND GAMBLE CO 82,431 7,398,000 2.80%
12 HOME DEPOT INC 53,956 6,943,000 2.63%
13 INTEL CORP 177,187 6,689,000 2.53%
14 MICROSOFT CORP 111,062 6,397,000 2.42%
15 EMERSON ELEC CO 109,130 5,949,000 2.25%
16 Cisco Systems Inc 185,769 5,893,000 2.23%
17 3M Co 32,028 5,644,000 2.14%
18 GENERAL ELECTRIC CO 179,310 5,311,000 2.01%
19 AUTOMATIC DATA PROCESSING IN 57,708 5,090,000 1.93%
20 SYSCO CORP 101,449 4,972,000 1.88%
21 ABBVIE INC 75,699 4,774,000 1.81%
22 UNITED TECHNOLOGIES CORP 46,056 4,679,000 1.77%
23 ABBOTT LABS 107,698 4,555,000 1.73%
24 ACCENTURE PLC IRELAND 36,855 4,503,000 1.71%
25 US BANCORP DEL 101,220 4,341,000 1.64%
26 PFIZER INC 126,709 4,292,000 1.63%
27 PHILIP MORRIS INTL INC 43,875 4,266,000 1.62%
28 CINCINNATI FIN 55,797 4,208,000 1.59%
29 ZIMMER BIOMET HLDGS INC 29,921 3,890,000 1.47%
30 STRYKER CORP 31,997 3,725,000 1.41%
31 WELLS FARGO & CO NEW 78,835 3,491,000 1.32%
32 VANGUARD INTL EQUITY INDEX F 90,160 3,393,000 1.29%
33 FLOWSERVE CORP 69,360 3,346,000 1.27%
34 AFLAC INC 46,402 3,335,000 1.26%
35 NEXTERA ENERGY INC 25,763 3,151,000 1.19%
36 AT&T Inc New 75,719 3,075,000 1.16%
37 PEPSICO INC 24,880 2,706,000 1.02%
38 VODAFONE GROUP PLC NEW 90,520 2,639,000 1.00%
39 STEEL DYNAMICS INC 104,270 2,606,000 0.99%
40 CHEVRON CORP NEW 24,052 2,475,000 0.94%
41 SCHLUMBERGER LTD 27,969 2,199,000 0.83%
42 GENUINE PARTS CO 20,899 2,099,000 0.80%
43 GILEAD SCIENCES INC 24,065 1,904,000 0.72%
44 JPMorgan Chase & Co 27,952 1,861,000 0.70%
45 JACOBS ENGR GROUP INC 33,950 1,756,000 0.67%
46 CLARCOR Inc 26,825 1,744,000 0.66%
47 APPLE INC 15,271 1,726,000 0.65%
48 BRISTOL MYERS SQUIBB CO 31,669 1,708,000 0.65%
49 BP PLC 45,901 1,614,000 0.61%
50 NORTHERN TRUST 23,649 1,608,000 0.61%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000938759-16-000011, filed 2016.10.05).

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.