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DaveManuel.com · Institutional Ownership · Who Owns It

FARMERS & MERCHANTS BANCORP (FMAO)

Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.

116
Reporting holders
$153.3M
Reported value
36.4%
Of shares outstanding
0.0%
Calls
0.0%
Puts
+11
Holder change

Institutions report 5,012,938 shares against 13,773,162 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end.

Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.

Holders

Download these holders as CSV

FilerValueShares Their book Held Change
BlackRock, Inc.$33.2M1,087,0090.00%8q+17.7%+$5.0M
VANGUARD CAPITAL MANAGEMENT LLC$17.7M577,3020.00%2q+8.0%+$1.3M
GEODE CAPITAL MANAGEMENT, LLC$10.2M334,4060.00%31q+8.1%+$770.8K
MANUFACTURERS LIFE INSURANCE COMPANY, THE$8.8M289,1780.01%21qHELD
DIMENSIONAL FUND ADVISORS LP$8.2M268,3870.00%31q+18.3%+$1.3M
STATE STREET CORP$8.2M268,0350.00%31q+19.5%+$1.3M
Goelzer Investment Management, Inc.$6.8M223,6040.30%21q-32.0%-$3.2M
AMERICAN CENTURY COMPANIES INC$5.7M186,9590.00%8q+204.0%+$3.8M
Mendel Money Management$3.5M115,8771.30%15q-5.9%-$220.2K
NORTHERN TRUST CORP$3.3M106,3460.00%31q+12.0%+$348.9K
Gryphon Financial Partners LLC$3.1M100,1850.27%10qHELD
VANGUARD PORTFOLIO MANAGEMENT LLC$2.8M90,9880.00%2q+24.9%+$555.4K
Quantinno Capital Management LP$2.6M85,3340.00%3q+124.3%+$1.4M
VANGUARD FIDUCIARY TRUST CO$2.6M84,9030.00%2q-1.5%-$39.8K
AQR CAPITAL MANAGEMENT LLC$2.3M74,0870.00%4q+396.6%+$1.8M
SEGALL BRYANT & HAMILL, LLC$2.1M68,1670.02%2q+32.7%+$513.5K
ACADIAN ASSET MANAGEMENT LLC$1.9M61,5860.00%7q+611.6%+$1.6M
RENAISSANCE TECHNOLOGIES LLC$1.7M56,8810.00%newNEW
CITADEL ADVISORS LLC$1.7M55,1110.00%9q+189.5%+$1.1M
Bank of New York Mellon Corp$1.5M49,8470.00%31q+10.4%+$144.1K
CHARLES SCHWAB INVESTMENT MANAGEMENT INC$1.2M39,2910.00%17q+15.8%+$163.6K
FORT WASHINGTON INVESTMENT ADVISORS INC /OH/$1.0M34,2330.01%19qHELD
BRIDGEWAY CAPITAL MANAGEMENT, LLC$1.0M34,1870.02%16q+134.8%+$600.1K
Trexquant Investment LP$1.0M33,0620.01%3q+62.5%+$388.7K
Venture Visionary Partners LLC$948.3K31,0080.03%23qHELD
Empowered Funds, LLC$906.9K29,6570.00%newNEW
Nuveen, LLC$860.4K28,1350.00%6qHELD
XTX Topco Ltd$772.1K25,2500.01%newNEW
MILLENNIUM MANAGEMENT LLC$743.9K24,3260.00%6q-27.9%-$288.2K
Integrated Quantitative Investments LLC$734.4K24,0170.12%3q+53.8%+$256.9K
GOLDMAN SACHS GROUP INC$682.2K22,3090.00%4q-40.3%-$460.3K
Creative Planning$678.4K22,1850.00%newNEW
MORGAN STANLEY$595.2K19,4630.00%35q-45.3%-$493.1K
Man Group plc$534.5K17,4800.00%2q+81.1%+$239.3K
Thrivent Financial for Lutherans$523.0K17,1040.00%newNEW
RHUMBLINE ADVISERS$515.0K16,8410.00%17q+8.4%+$39.8K
MERCER GLOBAL ADVISORS INC /ADV$513.8K16,8010.00%4q+45.1%+$159.7K
WELLS FARGO & COMPANY/MN$497.0K16,2520.00%31q+36.8%+$133.7K
Legato Capital Management LLC$477.5K15,6150.04%3qHELD
LOS ANGELES CAPITAL MANAGEMENT LLC$446.9K14,6130.00%5qHELD
HICKS CAPITAL MANAGEMENT LLC$443.8K14,5130.36%4qHELD
BANK OF AMERICA CORP /DE/$438.7K14,3460.00%31q-16.8%-$88.7K
DEUTSCHE BANK AG\$404.1K13,2160.00%17q+117.1%+$218.0K
AMERIPRISE FINANCIAL INC$381.1K12,4630.00%newNEW
MARSHALL WACE, LLP$379.6K12,4140.00%4q-84.2%-$2.0M
Invesco Ltd.$378.6K12,3820.00%4q-21.9%-$106.4K
Waverly Advisors, LLC$369.1K12,0690.00%5q+1.1%+$4.2K
Revisor Wealth Management LLC$354.9K11,6070.09%6qHELD
Align Financial, LLC$342.5K11,2000.17%3qHELD
PRICE T ROWE ASSOCIATES INC /MD/$341.0K11,1260.00%2q+24.4%+$66.9K
PRUDENTIAL FINANCIAL INC$325.5K10,6450.00%newNEW
FIRST MANHATTAN CO. LLC.$293.7K9,6050.00%3qHELD
ALLIANCEBERNSTEIN L.P.$285.2K11,1100.00%9q+9.8%+$25.4K
Janney Montgomery Scott LLC$275.0K9,0000.00%4q-26.2%-$97.8K
ABNER HERRMAN & BROCK LLC$271.0K8,8690.03%4qHELD
Hendershot Investments Inc.$269.7K30?0.04%22q
Semanteon Capital Management, LP$252.3K8,2521.14%newNEW
UBS Group AG$249.3K8,1530.00%31q+68.0%+$100.9K
IEQ CAPITAL, LLC$249.1K8,1450.00%newNEW
Sequoia Financial Advisors, LLC$249.0K8,1430.00%newNEW
Tufton Capital Management$238.0K7,8000.04%2qHELD
MetLife Investment Management, LLC$230.4K7,5350.00%17q+9.1%+$19.2K
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC$229.8K7,5150.00%newNEW
CITIGROUP INC$229.4K7,5010.00%13q+245.0%+$162.9K
STIFEL FINANCIAL CORP$217.0K7,0960.00%newNEW
OCCUDO QUANTITATIVE STRATEGIES LP$211.9K6,9280.01%newNEW
Russell Investments Group, Ltd.$211.2K6,9070.00%4q+644.3%+$182.8K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.$190.8K6,2400.00%9q+3.2%+$5.9K
GLOBEFLEX CAPITAL L P$181.4K5,9310.02%2qHELD
JPMORGAN CHASE & CO$175.6K5,7450.00%19q+10.6%+$16.8K
STRS OHIO$174.3K5,7000.00%newNEW
Pavaki Capital Management LLC$152.9K5,0000.05%2qHELD
Police & Firemen's Retirement System of New Jersey$143.2K4,6820.00%7q+48.0%+$46.4K
Vanguard Global Advisers, LLC$136.1K4,4490.00%2qHELD
State of Tennessee, Department of Treasury$135.2K4,4220.00%newNEW
NEW YORK STATE COMMON RETIREMENT FUND$128.7K4,2070.00%17qHELD
LSV ASSET MANAGEMENT$125.0K4,0950.00%2qHELD
Farther Finance Advisors, LLC$120.7K3,9480.00%5q+18.6%+$18.9K
BNP PARIBAS FINANCIAL MARKETS$114.0K3,7290.00%31q+9.5%+$9.9K
TRUST CO OF TOLEDO NA /OH/$111.3K3,6400.01%5qHELD
OSAIC HOLDINGS, INC.$110.8K3,6230.00%26q-40.9%-$76.7K
ROYAL BANK OF CANADA$81.0K2,6530.00%18q+26430.0%+$80.7K
Clearstead Advisors, LLC$80.9K2,6450.00%26q+0.8%
CoreCap Advisors, LLC$69.2K2,2630.00%10q+0.8%
Larson Financial Group LLC$62.2K2,0350.00%8qHELD
BARCLAYS PLC$60.0K1,9620.00%12q-68.3%-$129.4K
GAMMA Investing LLC$59.2K1,9350.00%11q+5.0%+$2.8K
CANADA LIFE ASSURANCE Co$42.0K1,3600.00%3q-6.9%-$3.1K
Ameritas Investment Partners, Inc.$41.0K1,3400.00%17qHELD
Legal & General Group Plc$40.4K1,3220.00%17q+17.6%+$6.1K
Arax Advisory Partners$37.1K1,2120.00%4q+692.2%+$32.4K
SIMPLEX TRADING, LLC$30.6K CALLoptions only0.00%newOPTIONS
Tower Research Capital LLC (TRC)$30.3K9910.00%18q-72.5%-$79.8K
Versant Capital Management, Inc$24.9K8130.00%8q+72.2%+$10.4K
FMR LLC$15.2K4980.00%16q+93.8%+$7.4K
State of Alaska, Department of Revenue$12.0K4230.00%3qHELD
NISA INVESTMENT ADVISORS, LLC$8.6K2800.00%17qHELD
Sterling Capital Management LLC$8.3K2730.00%8q-35.2%-$4.5K
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM$5.4K1780.00%17q-74.1%-$15.6K
Allworth Financial LP$5.3K1740.00%4q+923.5%+$4.8K

Showing the largest 100 of 117 reported holders. The count of 116 above leaves out 1 position whose reported value failed our price check; it is listed here as filed.

What the insiders did

Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.

Officers and directors

DateInsiderRoleSideSharesValue
2026-06-22Briggs Andrew JDirectorSold6,000$172.3K
2026-08-14Briggs Andrew JDirectorSold3,000$106.1K
2026-08-13Briggs Andrew JDirectorSold3,000$105.6K
2026-08-17Briggs Andrew JDirectorSold3,000$105.3K
2026-08-12Briggs Andrew JDirectorSold3,000$104.8K
2026-07-30Briggs Andrew JDirectorSold3,000$104.6K
2026-08-05Briggs Andrew JDirectorSold3,000$104.3K
2026-08-10Briggs Andrew JDirectorSold3,000$103.6K
2026-07-29Briggs Andrew JDirectorSold3,000$103.4K
2026-08-11Briggs Andrew JDirectorSold3,000$103.4K
2026-08-06Briggs Andrew JDirectorSold3,000$102.7K
2026-08-07Briggs Andrew JDirectorSold3,000$102.2K

Quarter by quarter

Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.

QuarterHoldersValue SharesNewAdded TrimmedOptions
Q3 202628$9.3M268,9335630.0%
Q2 2026116$153.3M5,012,9382250170.0%
Q1 2026105$116.3M4,519,9721436290.2%
Q4 202589$105.9M4,281,8131033240.0%
Q3 202587$95.0M3,759,0202025171.1%
Q2 202577$94.0M3,678,3371025181.1%
Q1 202572$87.4M3,657,084815260.0%
Q4 202470$108.9M3,695,070827100.0%
Q3 202466$99.8M3,607,0451221120.1%
Q2 202461$78.5M3,378,1471116180.1%
Q1 202456$76.3M3,419,742518140.0%
Q4 202357$82.3M3,315,086722110.0%
Q3 202352$53.2M3,032,254515140.0%
Q2 202351$69.9M3,106,329417160.0%
Q1 202351$72.5M2,977,798219130.0%
Q4 202262$81.8M3,007,905622190.0%
Q3 202258$92.6M3,442,380920150.0%
Q2 202261$114.5M3,448,4832316100.0%
Q1 202255$67.1M1,854,900151680.0%
Q4 202144$77.3M2,355,1201211120.0%
Q3 202133$46.0M2,055,216210110.0%
Q2 202139$43.9M2,014,560117150.0%
Q1 202141$54.7M2,175,193511140.0%
Q4 202037$49.4M2,146,507214110.0%
Q3 202037$105.5M5,270,54519150.0%
Q2 202041$114.0M5,365,13751890.0%
Q1 202039$241.8M9,332,790415120.0%
Q4 201939$163.1M5,408,90851740.0%
Q3 201936$134.4M5,176,47331560.0%
Q2 201939$153.8M5,281,693515100.0%
Q1 201940$225.9M7,502,740210100.0%
Q4 201843$291.2M7,566,0620120.0%