Instuitional Investor - Monarch Capital Management Inc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Microsoft Corp	MSFT	49,183	$24,464,117	6.57%
2.	Apple Inc.	AAPL	66,967	$13,739,623	3.69%
3.	Walmart Inc.	WMT	133,033	$13,007,967	3.49%
4.	Home Depot Inc.	HD	33,501	$12,282,807	3.3%
5.	Mcdonalds Corp	MCD	38,158	$11,148,623	2.99%