Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in FMAO held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 923K | $23.7M | -2.7% | 6.716% | 0.00% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 535K | $13.7M | — | 3.889% | 0.00% |
| 3 | Goelzer Investment Management, Inc. | 329K | $8.4M | -32.3% | 2.390% | 0.41% |
| 4 | GEODE CAPITAL MANAGEMENT, LLC | 309K | $7.9M | +2.6% | 2.249% | 0.00% |
| 5 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 291K | $7.5M | -1.4% | 2.114% | 0.01% |
| 6 | DIMENSIONAL FUND ADVISORS LP | 227K | $5.8M | +5.8% | 1.650% | 0.00% |
| 7 | STATE STREET CORP | 224K | $5.8M | -11.2% | 1.632% | 0.00% |
| 8 | RAYMOND JAMES FINANCIAL INC | 135K | $3.5M | — | 0.984% | 0.00% |
| 9 | Mendel Money Management | 123K | $3.2M | -3.5% | 0.895% | 1.32% |
| 10 | Gryphon Financial Partners LLC | 100K | $2.6M | 0.0% | 0.729% | 0.26% |
| 11 | NORTHERN TRUST CORP | 95K | $2.4M | +7.8% | 0.691% | 0.00% |
| 12 | VANGUARD FIDUCIARY TRUST CO | 86K | $2.2M | — | 0.627% | 0.00% |
| 13 | MARSHALL WACE, LLP | 79K | $2.0M | +109.0% | 0.573% | 0.00% |
| 14 | VANGUARD PORTFOLIO MANAGEMENT LLC | 73K | $1.9M | — | 0.530% | 0.00% |
| 15 | rhino investment partners, Inc | 69K | $1.8M | — | 0.500% | 0.49% |
| 16 | AMERICAN CENTURY COMPANIES INC | 62K | $1.6M | +329.2% | 0.447% | 0.00% |
| 17 | Bank of New York Mellon Corp | 45K | $1.2M | -2.3% | 0.328% | 0.00% |
| 18 | Squarepoint Ops LLC | 40K | $1.0M | +88.5% | 0.293% | 0.00% |
| 19 | Quantinno Capital Management LP | 38K | $977K | +37.0% | 0.277% | 0.00% |
| 20 | GOLDMAN SACHS GROUP INC | 37K | $959K | +94.8% | 0.272% | 0.00% |
| 21 | MORGAN STANLEY | 36K | $914K | +43.3% | 0.259% | 0.00% |
| 22 | FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | 34K | $879K | 0.0% | 0.249% | 0.00% |
| 23 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 34K | $871K | -11.1% | 0.247% | 0.00% |
| 24 | MILLENNIUM MANAGEMENT LLC | 34K | $866K | -0.2% | 0.246% | 0.00% |
| 25 | Venture Visionary Partners LLC | 31K | $795K | +0.1% | 0.225% | 0.03% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in FMAO — a direct measure of their conviction.
Filings activity in FMAO during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 101 | +13% | 28.63% | +2.12 pp | $113M | +8.0% |
| Q4 2025 | 89 | +6.0% | 26.51% | +2.75 pp | $105M | +12% |
| Q3 2025 | 84 | +6.3% | 23.76% | +0.19 pp | $94M | +0.8% |
| Q2 2025 | 79 | +9.7% | 23.57% | +1.86 pp | $93M | +8.5% |
| Q1 2025 | 72 | 1.4% | 21.71% | 5.70 pp | $86M | 21% |
| Q4 2024 | 73 | +7.4% | 27.41% | +2.59 pp | $109M | +10% |
| Q3 2024 | 68 | +6.3% | 24.82% | +5.14 pp | $98M | +26% |
| Q2 2024 | 64 | — | 19.68% | — | $78M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying FMAO stock.
Based on Q1 2026 13F filings, institutional ownership of Farmers & Merchants Bancorp, Inc. stands at 28.6%, held across 101 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of FMAO, with approximately 923,327 shares worth $0.02B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of FMAO, including MILLENNIUM MANAGEMENT LLC.
Our composite Smart Money Score for FMAO is 68 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
16 institutions opened new positions in FMAO during Q1 2026, while 4 fully exited. 62 added to existing positions and 18 trimmed.
FMAO institutional ownership rose by 2.12 percentage points quarter-over-quarter, with a net change of +12 holders.
The top 10 institutions account for 72.4% of all reported 13F value in FMAO, and the top 25 account for 90.3%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Farmers & Merchants Bancorp, Inc. (FMAO) Institutional Ownership