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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 (2017Q1)
Portfolio Summary: 96 holdings with a total value of $273,274,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 MERCK & CO INC 182,293 11,583,000 4.24%
2 WALGREENS BOOTS ALLIANCE INC 114,882 9,541,000 3.49%
3 LAKELAND FINL CORP 216,364 9,330,000 3.41%
4 MCDONALDS CORP 70,058 9,080,000 3.32%
5 JOHNSON & JOHNSON 70,081 8,729,000 3.19%
6 FRANKLIN ELEC INC COM 201,909 8,692,000 3.18%
7 Exxon Mobil Corp 98,192 8,053,000 2.95%
8 HOME DEPOT INC 51,509 7,563,000 2.77%
9 WAL-MART STORES INC 104,048 7,500,000 2.74%
10 PROCTER AND GAMBLE CO 79,078 7,105,000 2.60%
11 Medtronic Inc. 88,148 7,101,000 2.60%
12 MICROSOFT CORP 104,677 6,894,000 2.52%
13 COCA COLA CO 155,109 6,583,000 2.41%
14 EMERSON ELEC CO 108,274 6,481,000 2.37%
15 INTEL CORP 176,197 6,355,000 2.33%
16 CISCO SYSTEMS INC 183,306 6,196,000 2.27%
17 3M Co 31,665 6,058,000 2.22%
18 AUTOMATIC DATA PROCESSING IN 56,851 5,821,000 2.13%
19 UNITED TECHNOLOGIES CORP 46,750 5,246,000 1.92%
20 US BANCORP DEL 99,923 5,146,000 1.88%
21 GENERAL ELECTRIC CO 168,758 5,029,000 1.84%
22 SYSCO CORP 95,232 4,944,000 1.81%
23 PHILIP MORRIS INTL INC 43,758 4,940,000 1.81%
24 ABBVIE INC 75,738 4,935,000 1.81%
25 ABBOTT LABS 109,980 4,884,000 1.79%
26 ACCENTURE PLC IRELAND 36,743 4,405,000 1.61%
27 ZIMMER BIOMET HLDGS INC 35,353 4,317,000 1.58%
28 PFIZER INC 126,106 4,314,000 1.58%
29 STRYKER CORP 30,677 4,039,000 1.48%
30 WELLS FARGO & CO NEW 71,205 3,963,000 1.45%
31 CINCINNATI FINL CORP 54,259 3,921,000 1.43%
32 AFLAC INC 49,586 3,591,000 1.31%
33 FLOWSERVE CORP 72,744 3,522,000 1.29%
34 VANGUARD INTL EQUITY INDEX F 84,086 3,340,000 1.22%
35 GILEAD SCIENCES INC 48,699 3,308,000 1.21%
36 NEXTERA ENERGY INC 25,451 3,267,000 1.20%
37 AT&T Inc New 76,010 3,158,000 1.16%
38 APPLE INC 20,853 2,996,000 1.10%
39 STEEL DYNAMICS INC 80,174 2,787,000 1.02%
40 PEPSICO INC 24,806 2,775,000 1.02%
41 CHEVRON CORP NEW 23,717 2,546,000 0.93%
42 JPMorgan Chase & Co 26,986 2,370,000 0.87%
43 SCHLUMBERGER LTD 26,581 2,076,000 0.76%
44 VODAFONE GROUP PLC NEW 76,495 2,022,000 0.74%
45 JACOBS ENGR GROUP INC 36,542 2,020,000 0.74%
46 GENUINE PARTS CO 21,081 1,948,000 0.71%
47 NORTHERN TRUST 22,359 1,936,000 0.71%
48 PPL CORP 43,551 1,628,000 0.60%
49 BRISTOL MYERS SQUIBB CO 28,862 1,570,000 0.57%
50 BP PLC 44,788 1,546,000 0.57%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000938759-17-000002, filed 2017.04.21).

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.