Farmers National Bank
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Farmers National Bank reported 166 stock positions worth $354.5 million. Its top holding was Apple (AAPL) at 6.0% of the portfolio, followed by Microsoft (MSFT, 5.2%) and JPMorgan Chase (JPM, 4.4%). Compared with Q4 2024, it opened 7 new positions, sold out of 1, added to 80 and reduced 59. The biggest buy was Johnson & Johnson (JNJ, shares +2%) and the biggest sale Accenture Class A (ACN, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- DANVILLE, KY
- CIK
- 0001632966
- Portfolio Value
- $354.5M (Q1 2025)
- SEC Filing
- 0001632966-25-000003 ↗ filed May 14, 2025
Holdings Value
Holdings 166 stocks · $354.5M
| AAPL Apple Inc. | 6.04% | 96,381 | $21.4M | Add +8.8% |
| MSFT Microsoft Corp. | 5.19% | 48,993 | $18.4M | Add +0.6% |
| JPM JPMorgan Chase & Co. | 4.41% | 63,693 | $15.6M | Reduce -2.4% |
| AVGO Broadcom Inc. | 3.05% | 64,592 | $10.8M | Add +6.2% |
| GUNR NT Mstar GLBL NR ETF | 2.90% | 265,330 | $10.3M | Add +3.9% |
| JNJ Johnson & Johnson | 2.78% | 59,350 | $9.8M | Add +2.0% |
| HD Home Depot Inc. | 2.43% | 23,486 | $8.6M | Add +2.4% |
| PG The Procter & Gamble Co. | 2.37% | 49,295 | $8.4M | Add +0.0% |
| V Visa Inc. Class A | 2.33% | 23,585 | $8.3M | Reduce -1.8% |
| MCD McDonald's Corp. | 2.23% | 25,301 | $7.9M | Reduce -0.6% |
| CVX Chevron Corp. | 2.19% | 46,367 | $7.8M | Add +0.2% |
| HON Honeywell International Inc. | 1.92% | 32,185 | $6.8M | Add +3.6% |
| TDTF NT Iboxx 5Y Dur Tips ETF | 1.87% | 272,701 | $6.6M | Add +1.1% |
| NSC Norfolk Southern Corp. | 1.80% | 26,936 | $6.4M | Add +1.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.75% | 24,928 | $6.2M | Add +9.9% |
| SBUX Starbucks Corp. | 1.64% | 59,396 | $5.8M | Reduce -2.3% |
| ACN Accenture PLC Class A | 1.58% | 17,998 | $5.6M | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 1.56% | 35,333 | $5.5M | Add +42.9% |
| ALL Allstate Corp. | 1.52% | 26,015 | $5.4M | Reduce -1.5% |
| KO The Coca-Cola Co. | 1.52% | 75,094 | $5.4M | Add +0.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.48% | 52,973 | $5.2M | Add +3.2% |
| MA Mastercard Inc. Class A | 1.39% | 9,000 | $4.9M | Reduce -2.7% |
| CVS CVS Health Corp. | 1.32% | 69,053 | $4.7M | Reduce -8.6% |
| NEE Nextera Energy Inc. | 1.32% | 65,913 | $4.7M | Add +2.2% |
| CSCO Cisco Systems Inc. | 1.25% | 71,761 | $4.4M | Add +13.3% |
| XOM Exxon Mobil Corp. | 1.25% | 37,226 | $4.4M | Add +0.4% |
| CMCSA Comcast Corp. Class A | 1.25% | 119,972 | $4.4M | Add +1.6% |
| UNH Unitedhealth Group Inc. | 1.16% | 7,852 | $4.1M | Add +5.2% |
| MDT Medtronic PLC | 1.16% | 45,608 | $4.1M | Add +2.7% |
| DUK Duke Energy Corp. | 1.13% | 32,945 | $4.0M | Add +10.6% |
| VGT Vanguard Info Tech ETF | 1.13% | 7,384 | $4.0M | Reduce -3.5% |
| T AT&T Inc. | 1.09% | 136,345 | $3.9M | Reduce -0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.01% | 6,375 | $3.6M | Reduce -3.8% |
| UPS United Parcel Service Class B | 0.90% | 29,031 | $3.2M | Add +2.8% |
| AMZN Amazon.com Inc. | 0.83% | 15,537 | $3.0M | Add +86.9% |
| LLY Eli Lilly & Co. | 0.83% | 3,553 | $2.9M | Add +19.1% |
| GD General Dynamics Corp. | 0.82% | 10,603 | $2.9M | Add +1.9% |
| ECL Ecolab Inc. | 0.72% | 10,039 | $2.5M | Reduce -3.9% |
| NVDA Nvidia Corp. | 0.69% | 22,662 | $2.5M | Add +6.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.69% | 4,599 | $2.4M | Add +44.1% |
| RSP Invesco S&P 500 Equal Weight | 0.67% | 13,719 | $2.4M | Add +5.7% |
| TGT Target Corp. | 0.66% | 22,379 | $2.3M | Add +3.3% |
| PEP Pepsico Inc. | 0.66% | 15,564 | $2.3M | Add +0.1% |
| PFE Pfizer Inc. | 0.66% | 91,744 | $2.3M | Add +1.6% |
| DES Wisdomtree US Smallcap Divid | 0.64% | 70,895 | $2.3M | Add +13.7% |
| TFC Truist Financial Corp. | 0.62% | 53,283 | $2.2M | Reduce -0.7% |
| MDLZ Mondelez International Inc. Class A | 0.58% | 30,544 | $2.1M | Add +5.3% |
| DON Wisdomtree US Midcap Dividen | 0.55% | 39,590 | $2.0M | Reduce -7.6% |
| ABBV Abbvie Inc. | 0.51% | 8,625 | $1.8M | Add +56.8% |
| WMT Walmart Inc. | 0.48% | 19,428 | $1.7M | Reduce -0.2% |
| GNMA iShares Gnma Bond ETF | 0.42% | 34,292 | $1.5M | No change |
| MBB iShares MBS ETF | 0.42% | 16,031 | $1.5M | Reduce -0.3% |
| IWR iShares Russell Mid-Cap ETF | 0.41% | 17,221 | $1.5M | No change |
| BSMQ Invesco Bulletshares 2026 MB | 0.41% | 61,980 | $1.5M | Add +1.4% |
| SO The Southern Co. | 0.40% | 15,594 | $1.4M | Reduce -3.7% |
| DVY iShares Select Dividend ETF | 0.39% | 10,369 | $1.4M | Reduce -9.6% |
| DFUV Dimensional US Marketwide Va | 0.39% | 33,242 | $1.4M | Reduce -0.4% |
| AMGN Amgen Inc. | 0.39% | 4,391 | $1.4M | Add +82.7% |
| IBDR iShares Ibonds Dec 2026 Term | 0.36% | 53,204 | $1.3M | Add +1.6% |
| LOW Lowe's Cos Inc. | 0.36% | 5,483 | $1.3M | Reduce -21.2% |
| IWM iShares Russell 2000 ETF | 0.35% | 6,263 | $1.2M | Reduce -0.5% |
| BSMP Invesco Bulletshares 2025 MB | 0.34% | 49,755 | $1.2M | Add +0.8% |
| BSMU Invesco Bulletshares 2030 MB | 0.34% | 55,930 | $1.2M | Add +3.6% |
| BSMS Invesco Bulletshares 2028 MB | 0.32% | 49,110 | $1.1M | Add +2.5% |
| IWF iShares Russell 1000 Growth | 0.32% | 3,142 | $1.1M | Add +6.3% |
| XLC SS Comm Select Sector SPDR | 0.32% | 11,680 | $1.1M | Reduce -1.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.32% | 4,342 | $1.1M | Reduce -1.0% |
| BSMR Invesco Bulletshares 2027 MB | 0.31% | 46,814 | $1.1M | Add +3.0% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.31% | 43,291 | $1.1M | Add +2.2% |
| MRK Merck & Co. Inc. | 0.31% | 12,064 | $1.1M | Add +8.0% |
| BSMT Invesco Bulletshares 2029 MB | 0.30% | 46,991 | $1.1M | Add +1.6% |
| BSMV Invesco Bulletshares 2031 MB | 0.30% | 51,545 | $1.1M | Add +2.6% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.30% | 42,440 | $1.1M | Reduce -0.1% |
| RTX RTX Corp. | 0.30% | 8,031 | $1.1M | Reduce -0.1% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.30% | 43,358 | $1.0M | Add +0.5% |
| VOO Vanguard S&P 500 ETF | 0.29% | 2,031 | $1.0M | Add +9.5% |
| ABT Abbott Laboratories | 0.28% | 7,585 | $1.0M | Add +43.8% |
| DTH Wisdomtree International Hig | 0.28% | 23,587 | $1.0M | Add +1.6% |
| SHY iShares 1-3 Year Treasury Bo | 0.28% | 11,876 | $983K | Reduce -6.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.28% | 2,637 | $978K | Add +16.9% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.27% | 43,724 | $950K | Add +2.0% |
| IBDU iShares Ibonds Dec 2029 Term | 0.26% | 40,265 | $931K | Add +4.2% |
| CAT Caterpillar Inc. | 0.26% | 2,794 | $921K | Reduce -1.2% |
| GOOGL Alphabet Inc. Class A | 0.26% | 5,958 | $921K | Add +18.6% |
| IVV iShares Core S&P 500 ETF | 0.26% | 1,632 | $917K | Reduce -0.7% |
| GOVT iShares US Treasury Bond ETF | 0.26% | 39,509 | $908K | Add +34.2% |
| UNP Union Pacific Corp. | 0.25% | 3,752 | $886K | Reduce -1.4% |
| TMO Thermo Fisher Scientific Inc. | 0.24% | 1,687 | $839K | New |
| PM Philip Morris International | 0.24% | 5,251 | $833K | Add +206.5% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.23% | 40,069 | $831K | Add +6.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.23% | 3,114 | $800K | No change |
| ADI Analog Devices Inc. | 0.22% | 3,799 | $766K | Add +18.7% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.21% | 1,799 | $755K | Reduce -3.2% |
| ORCL Oracle Corp. | 0.21% | 5,259 | $735K | Reduce -0.6% |
| DRI Darden Restaurants Inc. | 0.21% | 3,537 | $735K | Add +3.4% |
| ADP Automatic Data Processing | 0.21% | 2,396 | $732K | Add +99.8% |
| KMB Kimberly-Clark Corp. | 0.20% | 5,088 | $724K | No change |
| IVW iShares S&P 500 Growth ETF | 0.20% | 7,457 | $692K | Reduce -0.3% |
| IBDX iShares Ibonds Dec 2032 TC | 0.19% | 27,587 | $689K | Add +7.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.19% | 3,108 | $689K | Add +4.6% |
Portfolio Sells Q4 2024 → Q1 2025
| ACN Accenture PLC Class A | Reduce -0.3% | 1.58% | −0.27 |
| VGT Vanguard Info Tech ETF | Reduce -3.5% | 1.13% | −0.26 |
| JPM JPMorgan Chase & Co. | Reduce -2.4% | 4.41% | −0.16 |
| LOW Lowe's Cos Inc. | Reduce -21.2% | 0.36% | −0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.8% | 1.01% | −0.13 |
| DON Wisdomtree US Midcap Dividen | Reduce -7.6% | 0.55% | −0.08 |
| TFC Truist Financial Corp. | Reduce -0.7% | 0.62% | −0.06 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.06 |
| IWM iShares Russell 2000 ETF | Reduce -0.5% | 0.35% | −0.05 |
| ORCL Oracle Corp. | Reduce -0.6% | 0.21% | −0.05 |
| AGG iShares Core U.S. Aggregate | Reduce -31.1% | 0.10% | −0.05 |
| DVY iShares Select Dividend ETF | Reduce -9.6% | 0.39% | −0.05 |
| CAT Caterpillar Inc. | Reduce -1.2% | 0.26% | −0.04 |
| CLX Clorox Company | Reduce -6.2% | 0.15% | −0.03 |
| WMT Walmart Inc. | Reduce -0.2% | 0.48% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -2.7% | 1.39% | −0.03 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -6.9% | 0.28% | −0.03 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.3% | 0.20% | −0.03 |
| TROW T Rowe Price Group Inc. | Reduce -6.0% | 0.07% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -0.7% | 0.26% | −0.02 |
| XLK SS Technology Select Sector | Reduce -2.0% | 0.12% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -28.1% | 0.08% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -13.3% | 0.14% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.2% | 0.16% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -1.0% | 0.32% | −0.02 |
| PNC PNC Financial Services Group | Reduce -4.4% | 0.11% | −0.02 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -3.2% | 0.21% | −0.02 |
| XLC SS Comm Select Sector SPDR | Reduce -1.5% | 0.32% | −0.02 |
| CARR Carrier Global Corp. | Reduce -0.3% | 0.12% | −0.01 |
| MS Morgan Stanley | Reduce -0.4% | 0.12% | −0.01 |
| DFUV Dimensional US Marketwide Va | Reduce -0.4% | 0.39% | −0.01 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -1.9% | 0.07% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.3% | 0.16% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -8.8% | 0.16% | −0.01 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -0.1% | 0.30% | −0.01 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -0.9% | 0.07% | −0.01 |
| AXP American Express Co. | Reduce -0.5% | 0.06% | −0.01 |
| CSX CSX Corp. | Reduce -0.5% | 0.06% | −0.01 |
| MBB iShares MBS ETF | Reduce -0.3% | 0.42% | −0.01 |
| XLV SS Health Care Select Sector | Reduce -9.3% | 0.08% | −0.01 |
| TJX TJX Companies Inc. | Reduce -0.1% | 0.15% | −0.00 |
| VNQ Vanguard Real Estate ETF | Reduce -0.9% | 0.15% | −0.00 |
| UNP Union Pacific Corp. | Reduce -1.4% | 0.25% | −0.00 |
| DE Deere & Co. | Reduce -6.9% | 0.18% | −0.00 |
| INTC Intel Corp. | Reduce -7.6% | 0.09% | +0.00 |
| NVS Novartis AG-Sponsored ADR | Reduce -7.2% | 0.07% | +0.00 |
| CB Chubb Ltd. | Reduce -1.6% | 0.10% | +0.00 |
| ECL Ecolab Inc. | Reduce -3.9% | 0.72% | +0.00 |
| OTIS Otis Worldwide Corp. | Reduce -0.3% | 0.10% | +0.01 |
| BNY Bank of New York Mellon Corp. | Reduce -0.6% | 0.19% | +0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| JNJ Johnson & Johnson | Add +2.0% | 2.78% | +0.32 |
| AMZN Amazon.com Inc. | Add +86.9% | 0.83% | +0.30 |
| IBM Intl Business Machines Corp. | Add +9.9% | 1.75% | +0.29 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +44.1% | 0.69% | +0.27 |
| TMO Thermo Fisher Scientific Inc. | New | 0.24% | +0.24 |
| CVX Chevron Corp. | Add +0.2% | 2.19% | +0.23 |
| ABBV Abbvie Inc. | Add +56.8% | 0.51% | +0.22 |
| AMGN Amgen Inc. | Add +82.7% | 0.39% | +0.20 |
| DUK Duke Energy Corp. | Add +10.6% | 1.13% | +0.20 |
| GUNR NT Mstar GLBL NR ETF | Add +3.9% | 2.90% | +0.20 |
| GOOG Alphabet Inc. Class C | Add +42.9% | 1.56% | +0.18 |
| PM Philip Morris International | Add +206.5% | 0.24% | +0.17 |
| KO The Coca-Cola Co. | Add +0.5% | 1.52% | +0.16 |
| GLD SPDR Gold Shares | New | 0.16% | +0.16 |
| LLY Eli Lilly & Co. | Add +19.1% | 0.83% | +0.16 |
| CSCO Cisco Systems Inc. | Add +13.3% | 1.25% | +0.15 |
| ADX Adams Diversified Equity | New | 0.15% | +0.15 |
| MDT Medtronic PLC | Add +2.7% | 1.16% | +0.12 |
| ABT Abbott Laboratories | Add +43.8% | 0.28% | +0.11 |
| ADP Automatic Data Processing | Add +99.8% | 0.21% | +0.10 |
| MO Altria Group Inc. | New | 0.09% | +0.09 |
| XOM Exxon Mobil Corp. | Add +0.4% | 1.25% | +0.09 |
| MDLZ Mondelez International Inc. Class A | Add +5.3% | 0.58% | +0.08 |
| SYY Sysco Corp. | New | 0.07% | +0.07 |
| VGSH Vanguard Short-Term Treasury | New | 0.06% | +0.06 |
| D Dominion Energy Inc. | New | 0.06% | +0.06 |
| GOVT iShares US Treasury Bond ETF | Add +34.2% | 0.26% | +0.06 |
| UNH Unitedhealth Group Inc. | Add +5.2% | 1.16% | +0.06 |
| ENB Enbridge Inc. | Add +81.0% | 0.13% | +0.06 |
| COST Costco Wholesale Corp. | Add +33.3% | 0.16% | +0.04 |
| TDTF NT Iboxx 5Y Dur Tips ETF | Add +1.1% | 1.87% | +0.04 |
| DTH Wisdomtree International Hig | Add +1.6% | 0.28% | +0.03 |
| DRI Darden Restaurants Inc. | Add +3.4% | 0.21% | +0.02 |
| ADI Analog Devices Inc. | Add +18.7% | 0.22% | +0.02 |
| GD General Dynamics Corp. | Add +1.9% | 0.82% | +0.02 |
| DES Wisdomtree US Smallcap Divid | Add +13.7% | 0.64% | +0.01 |
| KLAC KLA Corp. | Add +10.2% | 0.10% | +0.01 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +6.1% | 0.23% | +0.01 |
| IBDX iShares Ibonds Dec 2032 TC | Add +7.3% | 0.19% | +0.01 |
| IEMG iShares Core MSCI Emerging | Add +10.1% | 0.08% | +0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +5.7% | 0.67% | +0.01 |
| IBDU iShares Ibonds Dec 2029 Term | Add +4.2% | 0.26% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +16.9% | 0.28% | +0.01 |
| ESGD iShares Trust iShares ESG Aw | Add +3.4% | 0.08% | +0.01 |
| EAGG iShares ESG Aware US Aggrega | Add +5.2% | 0.08% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +9.5% | 0.29% | +0.00 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +2.0% | 0.27% | +0.00 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +2.2% | 0.31% | +0.00 |
| HYXF iShares ESG Adv High Yield | Add +2.8% | 0.07% | −0.00 |
| META Meta Platforms Inc. Class A | Add +4.0% | 0.16% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 180 | $479.2M | AAPL, TDTF, MSFT, JPM, AVGO |
| Q1 2026 | 185 | $453.3M | AAPL, TDTF, MSFT, JPM, AVGO |
| Q4 2025 | 185 | $448.0M | AAPL, MSFT, AVGO, JPM, TDTF |
| Q3 2025 | 174 | $421.6M | MSFT, AAPL, AVGO, JPM, TDTF |
| Q2 2025 | 169 | $379.1M | MSFT, AAPL, AVGO, JPM, TDTF |
| Q1 2025 | 166 | $354.5M | AAPL, MSFT, JPM, AVGO, GUNR |
| Q4 2024 | 160 | $342.8M | AAPL, MSFT, JPM, AVGO, GUNR |
| Q2 2024 | 156 | $332.0M | MSFT, AAPL, JPM, GUNR, AVGO |
| Q1 2024 | 159 | $335.3M | MSFT, AAPL, JPM, GUNR, JNJ |