First Farmers & Merchants Bank Trust 13F annual report
First Farmers & Merchants Bank Trust is an investment fund managing more than $80.7 million ran by Bobby Krimmel. There are currently 77 companies in Mr. Krimmel’s portfolio. The largest investments include Merck & Co Inc and Apple Inc, together worth $10.8 million.
$80.7 million Assets Under Management (AUM)
As of 29th June 2022, First Farmers & Merchants Bank Trust’s top holding is 71,259 shares of Merck & Co Inc currently worth over $6.5 million and making up 8.1% of the portfolio value.
Relative to the number of outstanding shares of Merck & Co Inc, First Farmers & Merchants Bank Trust owns more than approximately 0.1% of the company.
In addition, the fund holds 31,526 shares of Apple Inc worth $4.31 million, whose value fell 17.7% in the past six months.
The third-largest holding is Ishares Tr worth $13.8 million and the next is Microsoft worth $3.12 million, with 12,142 shares owned.
Currently, First Farmers & Merchants Bank Trust's portfolio is worth at least $80.7 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at First Farmers & Merchants Bank Trust
The First Farmers & Merchants Bank Trust office and employees reside in Columbia, Tennessee. According to the last 13-F report filed with the SEC, Bobby Krimmel serves as the CFO at First Farmers & Merchants Bank Trust.
Recent trades
In the most recent 13F filing, First Farmers & Merchants Bank Trust revealed that it had increased its stake in
Exxon Mobil and bought 5,174 additional shares worth around $422 thousand.
This means they effectively own approximately 0.1% of the company.
Exxon Mobil makes up
62.6%
of the fund's Energy sector allocation and has grown its share price by 38.2% in the past year.
On the other hand, there are companies that First Farmers & Merchants Bank Trust is getting rid of from its portfolio.
First Farmers & Merchants Bank Trust closed its position in Deere & Co on 6th July 2022.
It sold the previously owned 640 shares for $266 thousand.
Bobby Krimmel also disclosed a decreased stake in Merck & Co Inc by approximately 0.1%.
This leaves the value of the investment at $6.5 million and 71,259 shares.
One of the smallest hedge funds
The two most similar investment funds to First Farmers & Merchants Bank Trust are Hrs Investment and Franklin Square L.P.. They manage $80.7 million and $80.8 million respectively.
Bobby Krimmel investment strategy
First Farmers & Merchants Bank Trust’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Health Care — making up 18.5% of
the total portfolio value.
The fund focuses on investments in the United States as
58.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
60% of the total holdings value.
On the other hand, small-cap stocks make up only 2.6% of the portfolio.
The average market cap of the portfolio companies is close to $276 billion.
The complete list of First Farmers & Merchants Bank Trust trades based on 13F SEC filings
These positions were updated on July 6th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Merck & Co Inc |
0.10%
71,259
|
$6,497,000 | 8.05% |
| Apple Inc |
0.32%
31,526
|
$4,310,000 | 5.34% |
| Ishares Tr |
0.59%
130,656
|
$13,791,000 | 17.09% |
| Microsoft Corporation |
1.68%
12,142
|
$3,119,000 | 3.87% |
| Exxon Mobil Corp. |
25.60%
25,383
|
$2,174,000 | 2.69% |
| Abbvie Inc |
1.43%
13,207
|
$2,022,000 | 2.51% |
| Johnson & Johnson |
1.80%
10,635
|
$1,888,000 | 2.34% |
| Sysco Corp. |
12.74%
21,397
|
$1,813,000 | 2.25% |
| Pepsico Inc |
3.08%
10,552
|
$1,758,000 | 2.18% |
| Pfizer Inc. |
1.08%
32,941
|
$1,727,000 | 2.14% |
| Home Depot, Inc. |
1.08%
6,098
|
$1,672,000 | 2.07% |
| Chevron Corp. |
2.78%
8,987
|
$1,301,000 | 1.61% |
| Mcdonalds Corp |
3.53%
5,250
|
$1,296,000 | 1.61% |
| JPMorgan Chase & Co. |
0.91%
10,784
|
$1,215,000 | 1.51% |
| Intel Corp. |
No change
32,331
|
$1,210,000 | 1.50% |
| NextEra Energy Inc |
1.04%
15,228
|
$1,180,000 | 1.46% |
| United Parcel Service, Inc. |
9.00%
6,277
|
$1,146,000 | 1.42% |
| Cisco Sys Inc |
1.58%
25,355
|
$1,081,000 | 1.34% |
| Vanguard Scottsdale Fds |
5.22%
33,192
|
$2,391,000 | 2.96% |
| Walmart Inc |
0.17%
8,627
|
$1,049,000 | 1.30% |
| Waste Mgmt Inc Del |
No change
6,707
|
$1,026,000 | 1.27% |
| Vanguard Index Fds |
5.17%
9,046
|
$1,615,000 | 2.00% |
| Target Corp |
4.94%
6,731
|
$951,000 | 1.18% |
| Raytheon Technologies Corporation |
2.70%
9,363
|
$900,000 | 1.12% |
| AT&T Inc. |
No change
41,217
|
$863,000 | 1.07% |
| Bristol-Myers Squibb Co. |
4.43%
11,204
|
$863,000 | 1.07% |
| Verizon Communications Inc |
1.22%
16,229
|
$824,000 | 1.02% |
| Abbott Labs |
13.36%
7,231
|
$786,000 | 0.97% |
| Coca-Cola Co |
6.47%
11,711
|
$737,000 | 0.91% |
| Illinois Tool Wks Inc |
2.36%
3,727
|
$679,000 | 0.84% |
| Procter And Gamble Co |
0.86%
4,708
|
$677,000 | 0.84% |
| Ishares Inc |
1.33%
13,695
|
$672,000 | 0.83% |
| Genuine Parts Co. |
14.52%
4,985
|
$663,000 | 0.82% |
| 3M Co. |
23.18%
5,106
|
$661,000 | 0.82% |
| Lilly Eli & Co |
No change
2,005
|
$650,000 | 0.81% |
| Kimberly-Clark Corp. |
No change
4,602
|
$622,000 | 0.77% |
| Qualcomm, Inc. |
3.34%
4,830
|
$617,000 | 0.76% |
| Truist Finl Corp |
0.47%
12,824
|
$608,000 | 0.75% |
| Blackrock Inc. |
4.55%
989
|
$602,000 | 0.75% |
| Microchip Technology, Inc. |
2.30%
9,886
|
$574,000 | 0.71% |
| Linde Plc |
2.47%
1,973
|
$568,000 | 0.70% |
| Union Pac Corp |
No change
2,621
|
$559,000 | 0.69% |
| American Express Co. |
7.04%
3,964
|
$549,000 | 0.68% |
| Dominion Energy Inc |
0.03%
6,726
|
$537,000 | 0.67% |
| Unitedhealth Group Inc |
4.11%
987
|
$507,000 | 0.63% |
| Medtronic Plc |
4.87%
5,170
|
$464,000 | 0.58% |
| The Southern Co. |
40.48%
6,367
|
$454,000 | 0.56% |
| Prudential Finl Inc |
No change
4,362
|
$417,000 | 0.52% |
| Wells Fargo Co New |
No change
10,157
|
$398,000 | 0.49% |
| Alphabet Inc |
No change
181
|
$396,000 | 0.49% |
| Stryker Corp. |
No change
1,842
|
$366,000 | 0.45% |
| Lowes Cos Inc |
1.59%
2,046
|
$357,000 | 0.44% |
| General Mls Inc |
49.84%
4,654
|
$351,000 | 0.43% |
| Vanguard Tax-managed Intl Fd |
No change
8,395
|
$343,000 | 0.43% |
| TE Connectivity Ltd |
No change
3,011
|
$341,000 | 0.42% |
| Amazon.com Inc. |
1,890.06%
3,204
|
$340,000 | 0.42% |
| CVS Health Corp |
No change
3,635
|
$337,000 | 0.42% |
| Aflac Inc. |
No change
6,052
|
$335,000 | 0.42% |
| Inscorp Inc |
No change
17,136
|
$316,000 | 0.39% |
| Comcast Corp New |
10.58%
8,029
|
$315,000 | 0.39% |
| Tractor Supply Co. |
No change
1,600
|
$310,000 | 0.38% |
| Caterpillar Inc. |
6.39%
1,665
|
$298,000 | 0.37% |
| Thermo Fisher Scientific Inc. |
2.52%
541
|
$294,000 | 0.36% |
| Travelers Companies Inc. |
No change
1,737
|
$294,000 | 0.36% |
| Vanguard Whitehall Fds |
17.09%
2,814
|
$286,000 | 0.35% |
| Deere & Co. |
Closed
640
|
$266,000 | |
| Alphabet Inc |
Closed
94
|
$261,000 | |
| International Business Machs |
5.76%
1,835
|
$259,000 | 0.32% |
| Eaton Corp Plc |
12.28%
1,975
|
$249,000 | 0.31% |
| Select Sector Spdr Tr |
Closed
1,513
|
$240,000 | |
| Oracle Corp. |
24.83%
3,360
|
$235,000 | 0.29% |
| Us Bancorp Del |
No change
5,108
|
$235,000 | 0.29% |
| Bk Of America Corp |
7.13%
7,517
|
$234,000 | 0.29% |
| Pinnacle Finl Partners Inc |
Closed
2,517
|
$232,000 | |
| Schlumberger Ltd. |
Closed
5,578
|
$230,000 | |
| Advanced Micro Devices Inc. |
0.07%
3,008
|
$230,000 | 0.29% |
| Price T Rowe Group Inc |
No change
2,000
|
$227,000 | 0.28% |
| Broadcom Inc. |
No change
459
|
$223,000 | 0.28% |
| Johnson Ctls Intl Plc |
Closed
3,336
|
$219,000 | |
| Automatic Data Processing In |
No change
1,031
|
$217,000 | 0.27% |
| Meta Platforms Inc |
Closed
943
|
$210,000 | |
| Texas Instrs Inc |
Closed
1,141
|
$209,000 | |
| Lockheed Martin Corp. |
0.21%
485
|
$209,000 | 0.26% |
| Duke Energy Corp. |
No change
1,922
|
$206,000 | 0.26% |
| Cracker Barrel Old Ctry Stor |
No change
2,464
|
$206,000 | 0.26% |
| Visa Inc |
Closed
914
|
$203,000 | |
| Regional Health Pptys Inc |
Closed
19,753
|
$70,000 | |
| No transactions found | |||
| Showing first 500 out of 87 holdings | |||
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