Loudon Investment Management, LLC

13F filer · CIK 0001597089

Reported Aug 14, 2026

Net buyer this quarter

13F portfolio value$204MU.S. long equity reported on 13F

Positions770 new · 3 closed

Net flow last quarter+$271KBuys minus sells

Top 10 positions weight35.0%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Aug 14, 202677 positions
MSFTMicrosoft Corp	$11M	5.39%	0.00%	+7.0%	Q4 2013
CSCOCisco Systems, Inc.	$8.16M	4.01%	0.00%	-3.2%	Q4 2013
EPDEnterprise Products Partners L.P.	$8.01M	3.93%	0.01%	Not reported	Q4 2013
FASTFastenal Co	$7.55M	3.71%	0.01%	-0.4%	Q2 2015
CATCaterpillar Inc	$7.49M	3.68%	0.00%	-5.5%	Q4 2013
SPYSPDR S&P 500 ETF Trust	$6.75M	3.32%	Not reported	-2.6%	Q4 2013
TFCTruist Financial Corp	$5.83M	2.86%	0.01%	-1.8%	Q4 2019
QCOMQualcomm Inc	$5.59M	2.74%	0.00%	-4.1%	Q1 2017
TSMTaiwan Semiconductor Manufacturing Co Ltd	$5.45M	2.68%	0.00%	-7.2%	Q4 2013
ORealty Income Corp	$5.43M	2.67%	0.01%	+4.5%	Q2 2021
ABBVAbbVie Inc.	$5.02M	2.46%	0.00%	-1.4%	Q4 2013
TMUST-Mobile US, Inc.	$4.9M	2.40%	0.00%	+28.3%	Q2 2025
AAPLApple Inc.	$4.71M	2.31%	0.00%	-1.4%	Q4 2013
LOWLowes Companies Inc	$4.71M	2.31%	0.00%	Not reported	Q2 2019
LNCLincoln National Corp	$4.45M	2.19%	0.07%	-7.0%	Q1 2024
JPMJPMorgan Chase & Co	$4.26M	2.09%	0.00%	-0.4%	Q1 2021
CMICummins Inc	$4.1M	2.01%	0.00%	-19.9%	Q4 2015
NEENextera Energy Inc	$3.89M	1.91%	0.00%	+0.6%	Q2 2024
NVDANvidia Corp	$3.82M	1.87%	0.00%	+308.9%	Q2 2024
GGenpact LTD	$3.79M	1.86%	0.08%	-5.0%	Q1 2024
ITWIllinois Tool Works Inc	$3.7M	1.82%	0.00%	Not reported	Q4 2013
USBUS Bancorp \de\	$3.56M	1.75%	0.00%	+0.1%	Q4 2013
EMREmerson Electric Co	$2.89M	1.42%	0.00%	Not reported	Q3 2015
ADPAutomatic Data Processing Inc	$2.76M	1.35%	0.00%	+29.2%	Q4 2013
DLRDigital Realty Trust, Inc.	$2.75M	1.35%	0.00%	Not reported	Q1 2014
DEDeere & Co	$2.56M	1.26%	0.00%	Not reported	Q4 2013
ABTAbbott Laboratories	$2.08M	1.02%	0.00%	-6.3%	Q4 2013
AMPAmeriprise Financial Inc	$2.05M	1.01%	0.01%	-3.6%	Q3 2016
ACNAccenture plc	$2.04M	1.00%	0.00%	+73.2%	Q4 2025
AMTAmerican Tower Corp	$1.95M	0.96%	0.00%	-22.2%	Q3 2023
NVONovo Nordisk A S	$1.69M	0.83%	Not reported	-21.1%	Q2 2025
MRKMerck & Co., Inc.	$1.65M	0.81%	0.00%	Not reported	Q2 2021
ENBEnbridge Inc	$1.64M	0.80%	0.00%	+0.9%	Q1 2017
GBCIGlacier Bancorp, Inc.	$1.62M	0.80%	0.02%	Not reported	Q4 2013
PNRPENTAIR plc	$1.62M	0.79%	0.01%	+3.9%	Q3 2022
DPZDominos Pizza Inc	$1.58M	0.78%	0.02%	-24.5%	Q2 2025
PLDPrologis, Inc.	$1.55M	0.76%	0.00%	Not reported	Q1 2025
AMGNAmgen Inc	$1.53M	0.75%	0.00%	-16.7%	Q1 2017
PAYXPaychex Inc	$1.5M	0.74%	0.00%	+47.4%	Q4 2013
JNJJohnson & Johnson	$1.41M	0.69%	0.00%	-2.5%	Q4 2013
BNYBank of New York Mellon Corp	$1.21M	0.59%	0.00%	-9.2%	Q1 2021
LMTLockheed Martin Corp	$1.17M	0.57%	0.00%	Not reported	Q2 2021
SWKStanley Black & Decker, Inc.	$1.15M	0.57%	0.01%	-20.8%	Q1 2022
VLOValero Energy Corp	$1.1M	0.54%	0.00%	Not reported	Q4 2013
GDGeneral Dynamics Corp	$1.04M	0.51%	0.00%	Not reported	Q1 2021
BSVNBank7 Corp.	$956K	0.47%	0.13%	+13.6%	Q4 2013
AFLAflac Inc	$935K	0.46%	0.00%	-9.4%	Q4 2013
UGIUgi Corp	$903K	0.44%	0.01%	-10.7%	Q1 2025
PEPPepsico Inc	$837K	0.41%	0.00%	Not reported	Q4 2013
MOAltria Group, Inc.	$814K	0.40%	0.00%	-1.9%	Q3 2020

Q1 2026Reported May 11, 202679 positions
MSFTMicrosoft Corp	$10.2M	5.48%	0.00%	+1.0%	Q4 2013
EPDEnterprise Products Partners L.P.	$8.25M	4.44%	0.01%	Not reported	Q4 2013
FASTFastenal Co	$7.33M	3.94%	0.01%	-0.4%	Q2 2015
SPYSPDR S&P 500 ETF Trust	$6.04M	3.25%	Not reported	-1.3%	Q4 2013
CSCOCisco Systems, Inc.	$5.57M	3.00%	0.00%	-0.3%	Q4 2013
TFCTruist Financial Corp	$5.47M	2.95%	0.01%	-1.4%	Q4 2019
GGenpact LTD	$5.41M	2.91%	0.09%	Not reported	Q1 2024
CATCaterpillar Inc	$5.27M	2.84%	0.00%	-0.2%	Q4 2013
ORealty Income Corp	$5.13M	2.76%	0.01%	+1.0%	Q2 2021
LOWLowes Companies Inc	$5.05M	2.72%	0.00%	-0.3%	Q2 2019
LNCLincoln National Corp	$4.81M	2.59%	0.07%	Not reported	Q1 2024
TMUST-Mobile US, Inc.	$4.78M	2.57%	0.00%	+50.3%	Q2 2025
ABBVAbbVie Inc.	$4.4M	2.37%	0.00%	-2.3%	Q4 2013
AAPLApple Inc.	$4.19M	2.26%	0.00%	-2.7%	Q4 2013
TSMTaiwan Semiconductor Manufacturing Co Ltd	$4.16M	2.24%	0.00%	-11.9%	Q4 2013
NEENextera Energy Inc	$4.1M	2.21%	0.00%	Not reported	Q2 2024
QCOMQualcomm Inc	$4.06M	2.18%	0.00%	-2.9%	Q1 2017
CMICummins Inc	$3.86M	2.08%	0.01%	Not reported	Q4 2015
JPMJPMorgan Chase & Co	$3.84M	2.07%	0.00%	-4.4%	Q1 2021
ITWIllinois Tool Works Inc	$3.56M	1.92%	0.00%	+0.9%	Q4 2013
USBUS Bancorp \de\	$3.06M	1.65%	0.00%	Not reported	Q4 2013
DLRDigital Realty Trust, Inc.	$2.76M	1.48%	0.00%	Not reported	Q1 2014
AMTAmerican Tower Corp	$2.64M	1.42%	0.00%	+3.3%	Q3 2023
EMREmerson Electric Co	$2.64M	1.42%	0.00%	Not reported	Q3 2015
DPZDominos Pizza Inc	$2.54M	1.37%	0.02%	-10.2%	Q2 2025
ABTAbbott Laboratories	$2.51M	1.35%	0.00%	+0.3%	Q4 2013
DEDeere & Co	$2.27M	1.22%	0.00%	Not reported	Q4 2013
AMPAmeriprise Financial Inc	$2.06M	1.11%	0.01%	Not reported	Q3 2016
ADPAutomatic Data Processing Inc	$1.94M	1.04%	0.00%	+50.4%	Q4 2013
ACNAccenture plc	$1.88M	1.01%	0.00%	-21.2%	Q4 2025
AMGNAmgen Inc	$1.79M	0.96%	0.00%	-3.3%	Q1 2017
PNRPENTAIR plc	$1.77M	0.95%	0.01%	Not reported	Q3 2022
NVONovo Nordisk A S	$1.64M	0.88%	Not reported	-10.9%	Q2 2025
ENBEnbridge Inc	$1.62M	0.87%	0.00%	Not reported	Q1 2017
MRKMerck & Co., Inc.	$1.54M	0.83%	0.00%	Not reported	Q2 2021
PLDPrologis, Inc.	$1.51M	0.81%	0.00%	Not reported	Q1 2025
GBCIGlacier Bancorp, Inc.	$1.4M	0.76%	0.02%	Not reported	Q4 2013
JNJJohnson & Johnson	$1.39M	0.75%	0.00%	Not reported	Q4 2013
LMTLockheed Martin Corp	$1.38M	0.74%	0.00%	Not reported	Q2 2021
SWKStanley Black & Decker, Inc.	$1.1M	0.59%	0.01%	-2.2%	Q1 2022
BNYBank of New York Mellon Corp	$1.09M	0.59%	0.00%	Not reported	Q1 2021
UGIUgi Corp	$1.07M	0.57%	0.01%	-17.7%	Q1 2025
VLOValero Energy Corp	$1.04M	0.56%	0.00%	Not reported	Q4 2013
GDGeneral Dynamics Corp	$1.01M	0.54%	0.00%	Not reported	Q1 2021
AFLAflac Inc	$966K	0.52%	0.00%	-5.1%	Q4 2013
PEPPepsico Inc	$960K	0.52%	0.00%	Not reported	Q4 2013
PAYXPaychex Inc	$956K	0.51%	0.00%	+3.5%	Q4 2013
BSVNBank7 Corp.	$847K	0.46%	0.11%	Not reported	Q4 2013
NVDANvidia Corp	$814K	0.44%	0.00%	+3.3%	Q2 2024
MOAltria Group, Inc.	$761K	0.41%	0.00%	Not reported	Q3 2020

Q4 2025Reported Feb 12, 202677 positions
MSFTMicrosoft Corp	$13.2M	6.88%	0.00%	+0.7%	Q4 2013
EPDEnterprise Products Partners L.P.	$6.99M	3.65%	0.01%	+0.3%	Q4 2013
GGenpact LTD	$6.8M	3.55%	0.09%	+0.3%	Q1 2024
SPYSPDR S&P 500 ETF Trust	$6.41M	3.35%	Not reported	-0.7%	Q4 2013
FASTFastenal Co	$6.36M	3.33%	0.01%	0.0%	Q2 2015
LNCLincoln National Corp	$6.03M	3.15%	0.07%	-2.9%	Q1 2024
TFCTruist Financial Corp	$5.94M	3.11%	0.01%	Not reported	Q4 2019
QCOMQualcomm Inc	$5.55M	2.90%	0.00%	-1.4%	Q1 2017
CSCOCisco Systems, Inc.	$5.55M	2.90%	0.00%	-0.8%	Q4 2013
LOWLowes Companies Inc	$5.17M	2.70%	0.00%	-1.2%	Q2 2019
ABBVAbbVie Inc.	$4.73M	2.47%	0.00%	-0.5%	Q4 2013
ORealty Income Corp	$4.68M	2.45%	0.01%	+209.3%	Q2 2021
AAPLApple Inc.	$4.61M	2.41%	0.00%	Not reported	Q4 2013
JPMJPMorgan Chase & Co	$4.4M	2.30%	0.00%	-0.7%	Q1 2021
CATCaterpillar Inc	$4.27M	2.23%	0.00%	-5.2%	Q4 2013
TSMTaiwan Semiconductor Manufacturing Co Ltd	$4.24M	2.22%	0.00%	-3.6%	Q4 2013
CMICummins Inc	$3.66M	1.91%	0.01%	-4.7%	Q4 2015
NEENextera Energy Inc	$3.54M	1.85%	0.00%	+4.5%	Q2 2024
ITWIllinois Tool Works Inc	$3.34M	1.75%	0.00%	-6.0%	Q4 2013
DPZDominos Pizza Inc	$3.29M	1.72%	0.02%	+21.5%	Q2 2025
ACNAccenture plc	$3.22M	1.68%	0.00%	New	Q4 2025
USBUS Bancorp \de\	$3.14M	1.64%	0.00%	+1.6%	Q4 2013
TMUST-Mobile US, Inc.	$3.07M	1.61%	0.00%	-27.1%	Q2 2025
ABTAbbott Laboratories	$3.06M	1.60%	0.00%	-4.0%	Q4 2013
EMREmerson Electric Co	$2.68M	1.40%	0.00%	Not reported	Q3 2015
AMTAmerican Tower Corp	$2.6M	1.36%	0.00%	-2.9%	Q3 2023
NVONovo Nordisk A S	$2.55M	1.33%	Not reported	-9.4%	Q2 2025
DLRDigital Realty Trust, Inc.	$2.37M	1.24%	0.00%	-5.7%	Q1 2014
AMPAmeriprise Financial Inc	$2.27M	1.19%	0.01%	-1.1%	Q3 2016
PNRPENTAIR plc	$2.12M	1.11%	0.01%	-0.3%	Q3 2022
DEDeere & Co	$1.88M	0.98%	0.00%	Not reported	Q4 2013
AMGNAmgen Inc	$1.72M	0.90%	0.00%	-3.8%	Q1 2017
ADPAutomatic Data Processing Inc	$1.63M	0.85%	0.00%	+9.7%	Q4 2013
PLDPrologis, Inc.	$1.46M	0.76%	0.00%	Not reported	Q1 2025
ENBEnbridge Inc	$1.43M	0.75%	0.00%	Not reported	Q1 2017
GBCIGlacier Bancorp, Inc.	$1.38M	0.72%	0.02%	Not reported	Q4 2013
MRKMerck & Co., Inc.	$1.35M	0.70%	0.00%	+9.9%	Q2 2021
UGIUgi Corp	$1.33M	0.70%	0.02%	-24.2%	Q1 2025
JNJJohnson & Johnson	$1.18M	0.62%	0.00%	Not reported	Q4 2013
SWKStanley Black & Decker, Inc.	$1.17M	0.61%	0.01%	-26.0%	Q1 2022
PAYXPaychex Inc	$1.13M	0.59%	0.00%	+4.7%	Q4 2013
LMTLockheed Martin Corp	$1.11M	0.58%	0.00%	+5.8%	Q2 2021
BNYBank of New York Mellon Corp	$1.07M	0.56%	0.00%	Not reported	Q1 2021
AFLAflac Inc	$1.02M	0.53%	0.00%	-5.1%	Q4 2013
GDGeneral Dynamics Corp	$988K	0.52%	0.00%	Not reported	Q1 2021
PEPPepsico Inc	$888K	0.46%	0.00%	Not reported	Q4 2013
BSVNBank7 Corp.	$851K	0.44%	0.11%	-0.1%	Q4 2013
NVDANvidia Corp	$843K	0.44%	0.00%	Not reported	Q2 2024
IBMInternational Business Machines Corp	$808K	0.42%	0.00%	Not reported	Q4 2014
VLOValero Energy Corp	$687K	0.36%	0.00%	Not reported	Q4 2013

Q3 2025Reported Nov 14, 202579 positions
MSFTMicrosoft Corp	$14M	7.33%	0.00%	-0.6%	Q4 2013
FASTFastenal Co	$7.78M	4.07%	0.01%	-0.3%	Q2 2015
EPDEnterprise Products Partners L.P.	$6.8M	3.56%	0.01%	Not reported	Q4 2013
SPYSPDR S&P 500 ETF Trust	$6.31M	3.30%	Not reported	-0.6%	Q4 2013
GGenpact LTD	$6.07M	3.18%	0.08%	-1.3%	Q1 2024
LNCLincoln National Corp	$5.63M	2.95%	0.07%	Not reported	Q1 2024
TFCTruist Financial Corp	$5.52M	2.89%	0.01%	-3.2%	Q4 2019
QCOMQualcomm Inc	$5.48M	2.87%	0.00%	Not reported	Q1 2017
LOWLowes Companies Inc	$5.46M	2.86%	0.00%	-1.1%	Q2 2019
TMUST-Mobile US, Inc.	$4.97M	2.60%	0.00%	+174.3%	Q2 2025
CSCOCisco Systems, Inc.	$4.97M	2.60%	0.00%	-0.2%	Q4 2013
ABBVAbbVie Inc.	$4.82M	2.52%	0.00%	-0.6%	Q4 2013
JPMJPMorgan Chase & Co	$4.34M	2.27%	0.00%	-0.6%	Q1 2021
AAPLApple Inc.	$4.32M	2.26%	0.00%	0.0%	Q4 2013
TSMTaiwan Semiconductor Manufacturing Co Ltd	$4.05M	2.12%	0.00%	+0.9%	Q4 2013
ITWIllinois Tool Works Inc	$3.76M	1.97%	0.01%	-0.6%	Q4 2013
CATCaterpillar Inc	$3.75M	1.97%	0.00%	-0.1%	Q4 2013
ABTAbbott Laboratories	$3.41M	1.78%	0.00%	+4.9%	Q4 2013
NEENextera Energy Inc	$3.19M	1.67%	0.00%	+30.1%	Q2 2024
CMICummins Inc	$3.18M	1.66%	0.01%	Not reported	Q4 2015
ESSEssex Property Trust, Inc.	$3.15M	1.65%	0.02%	-7.5%	Q4 2022
NVONovo Nordisk A S	$3.07M	1.61%	Not reported	+47.0%	Q2 2025
AMTAmerican Tower Corp	$2.94M	1.54%	0.00%	+3.7%	Q3 2023
DLRDigital Realty Trust, Inc.	$2.81M	1.47%	0.00%	Not reported	Q1 2014
DPZDominos Pizza Inc	$2.8M	1.47%	0.02%	+64.3%	Q2 2025
USBUS Bancorp \de\	$2.8M	1.47%	0.00%	-0.2%	Q4 2013
EMREmerson Electric Co	$2.65M	1.39%	0.00%	Not reported	Q3 2015
AMPAmeriprise Financial Inc	$2.3M	1.20%	0.01%	-0.3%	Q3 2016
PNRPENTAIR plc	$2.26M	1.18%	0.01%	Not reported	Q3 2022
DEDeere & Co	$1.84M	0.97%	0.00%	Not reported	Q4 2013
ADPAutomatic Data Processing Inc	$1.7M	0.89%	0.00%	+17.2%	Q4 2013
ORealty Income Corp	$1.63M	0.85%	0.00%	+2.6%	Q2 2021
SWKStanley Black & Decker, Inc.	$1.59M	0.83%	0.01%	-23.9%	Q1 2022
UGIUgi Corp	$1.56M	0.82%	0.02%	-11.6%	Q1 2025
AMGNAmgen Inc	$1.54M	0.81%	0.00%	-28.3%	Q1 2017
GBCIGlacier Bancorp, Inc.	$1.53M	0.80%	0.03%	Not reported	Q4 2013
ENBEnbridge Inc	$1.51M	0.79%	0.00%	+0.5%	Q1 2017
PLDPrologis, Inc.	$1.31M	0.68%	0.00%	+20.5%	Q1 2025
PAYXPaychex Inc	$1.21M	0.64%	0.00%	+33.2%	Q4 2013
AFLAflac Inc	$1.09M	0.57%	0.00%	-17.2%	Q4 2013
LMTLockheed Martin Corp	$1.08M	0.57%	0.00%	Not reported	Q2 2021
JNJJohnson & Johnson	$1.06M	0.55%	0.00%	-4.4%	Q4 2013
GDGeneral Dynamics Corp	$1M	0.52%	0.00%	+5.2%	Q1 2021
BNYBank of New York Mellon Corp	$1M	0.52%	0.00%	-2.7%	Q1 2021
MRKMerck & Co., Inc.	$978K	0.51%	0.00%	+15.3%	Q2 2021
APDAir Products & Chemicals, Inc.	$892K	0.47%	0.00%	-54.1%	Q3 2021
PEPPepsico Inc	$869K	0.45%	0.00%	-17.0%	Q4 2013
BSVNBank7 Corp.	$853K	0.45%	0.11%	+1.5%	Q4 2013
NVDANvidia Corp	$843K	0.44%	0.00%	+3.8%	Q2 2024
IBMInternational Business Machines Corp	$770K	0.40%	0.00%	-30.7%	Q4 2014

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