Loudon Investment Management, LLC
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| T-MOBILE US INC(TMUS) | 7,565 | 20,750 | +13,185 | 1,802,437 | 4,967,135 | 2.60% | +3,164,698 |
| SELECT SECTOR SPDR TR | 32,431 | 33,916 | +1,485 | 8,212,502 | 9,559,564 | 5.01% | +1,347,062 |
| FASTENAL CO(FAST) | 159,082 | 158,632 | -450 | 6,681,444 | 7,779,313 | 4.07% | +1,097,869 |
| DOMINOS PIZZA INC(DPZ) | 3,949 | 6,489 | +2,540 | 1,779,419 | 2,801,366 | 1.47% | +1,021,947 |
| NEXTERA ENERGY INC(NEE) | 32,430 | 42,205 | +9,775 | 2,251,291 | 3,186,055 | 1.67% | +934,764 |
| ABBVIE INC(ABBV) | 20,937 | 20,802 | -135 | 3,886,326 | 4,816,495 | 2.52% | +930,169 |
| APPLE INC(AAPL) | 16,976 | 16,971 | -5 | 3,482,966 | 4,321,326 | 2.26% | +838,360 |
| LINCOLN NATL CORP IND(LNC) | 139,564 | 139,564 | 0 | 4,828,914 | 5,628,616 | 2.95% | +799,702 |
| TAIWAN SEMICONDUCTOR MFG LTD(TSM) | 14,357 | 14,492 | +135 | 3,251,717 | 4,047,471 | 2.12% | +795,754 |
| CUMMINS INC(CMI) | 7,526 | 7,526 | 0 | 2,464,765 | 3,178,757 | 1.66% | +713,992 |
| CATERPILLAR INC(CAT) | 7,876 | 7,866 | -10 | 3,057,542 | 3,753,262 | 1.97% | +695,720 |
| SELECT SECTOR SPDR TR | 0 | 2,880 | +2,880 | 0 | 690,163 | 0.36% | +690,163 |
| LOWES COS INC(LOW) | 21,962 | 21,712 | -250 | 4,872,709 | 5,456,443 | 2.86% | +583,734 |
| SELECT SECTOR SPDR TR | 11,116 | 14,489 | +3,373 | 1,206,419 | 1,715,063 | 0.90% | +508,644 |
| MICROSOFT CORP(MSFT) | 27,186 | 27,036 | -150 | 13,522,588 | 14,003,296 | 7.33% | +480,708 |
| NOVO-NORDISK A S(NVO) | 37,671 | 55,381 | +17,710 | 2,600,052 | 3,073,092 | 1.61% | +473,040 |
| SPDR S&P 500 ETF TR(SPY) | 9,520 | 9,467 | -53 | 5,881,932 | 6,306,726 | 3.30% | +424,794 |
| ALPHABET INC(GOOG) | 0 | 1,425 | +1,425 | 0 | 347,059 | 0.18% | +347,059 |
| JPMORGAN CHASE & CO.(JPM) | 13,833 | 13,755 | -78 | 4,010,325 | 4,338,740 | 2.27% | +328,415 |
| PROLOGIS INC.(PLD) | 9,465 | 11,405 | +1,940 | 994,961 | 1,306,101 | 0.68% | +311,140 |
| SHOPIFY INC(SHOP) | 0 | 1,700 | +1,700 | 0 | 252,637 | 0.13% | +252,637 |
| QUALCOMM INC(QCOM) | 32,916 | 32,916 | 0 | 5,242,202 | 5,475,906 | 2.87% | +233,704 |
| ISHARES TR | 28,222 | 32,322 | +4,100 | 1,439,886 | 1,651,169 | 0.86% | +211,283 |
| PHILLIPS 66(PSX) | 0 | 1,527 | +1,527 | 0 | 207,703 | 0.11% | +207,703 |
| CONOCOPHILLIPS(COP) | 0 | 2,180 | +2,180 | 0 | 206,206 | 0.11% | +206,206 |
| GENERAL DYNAMICS CORP(GD) | 2,790 | 2,935 | +145 | 813,731 | 1,000,835 | 0.52% | +187,104 |
| MERCK & CO INC(MRK) | 10,102 | 11,652 | +1,550 | 799,674 | 977,952 | 0.51% | +178,278 |
| AUTOMATIC DATA PROCESSING IN | 4,933 | 5,783 | +850 | 1,521,337 | 1,697,311 | 0.89% | +175,974 |
| GLACIER BANCORP INC NEW(GBCI) | 31,439 | 31,439 | 0 | 1,354,392 | 1,530,136 | 0.80% | +175,744 |
| ILLINOIS TOOL WKS INC(ITW) | 14,505 | 14,425 | -80 | 3,586,361 | 3,761,463 | 1.97% | +175,102 |
| US BANCORP DEL(USB) | 58,005 | 57,895 | -110 | 2,624,726 | 2,798,065 | 1.47% | +173,339 |
| PAYCHEX INC(PAYX) | 7,195 | 9,585 | +2,390 | 1,046,585 | 1,214,995 | 0.64% | +168,410 |
| PENTAIR PLC(PNR) | 20,382 | 20,382 | 0 | 2,092,416 | 2,257,510 | 1.18% | +165,094 |
| ENBRIDGE INC(ENB) | 29,801 | 29,951 | +150 | 1,350,581 | 1,511,327 | 0.79% | +160,746 |
| TRUIST FINL CORP(TFC) | 124,821 | 120,774 | -4,047 | 5,366,055 | 5,521,787 | 2.89% | +155,732 |
| NVIDIA CORPORATION(NVDA) | 4,354 | 4,519 | +165 | 687,888 | 843,155 | 0.44% | +155,267 |
| VALERO ENERGY CORP(VLO) | 4,219 | 4,219 | 0 | 567,118 | 718,327 | 0.38% | +151,209 |
| JOHNSON & JOHNSON(JNJ) | 5,960 | 5,696 | -264 | 910,390 | 1,056,152 | 0.55% | +145,762 |
| BANK NEW YORK MELLON CORP | 9,427 | 9,177 | -250 | 858,894 | 999,926 | 0.52% | +141,032 |
| REALTY INCOME CORP(O) | 26,170 | 26,855 | +685 | 1,507,654 | 1,632,515 | 0.85% | +124,861 |
| ABBOTT LABS | 24,247 | 25,437 | +1,190 | 3,297,834 | 3,407,032 | 1.78% | +109,198 |
| ALTRIA GROUP INC(MO) | 11,538 | 11,538 | 0 | 676,473 | 762,200 | 0.40% | +85,727 |
| TESLA INC(TSLA) | 650 | 650 | 0 | 206,479 | 289,068 | 0.15% | +82,589 |
| VANGUARD INDEX FDS | 3,224 | 3,236 | +12 | 979,870 | 1,061,958 | 0.56% | +82,088 |
| ISHARES TR | 5,010 | 5,292 | +282 | 547,543 | 628,848 | 0.33% | +81,305 |
| RTX CORPORATION(RTX) | 3,671 | 3,671 | 0 | 536,039 | 614,268 | 0.32% | +78,229 |
| LOCKHEED MARTIN CORP(LMT) | 2,164 | 2,164 | 0 | 1,002,235 | 1,080,290 | 0.57% | +78,055 |
| INVESCO EXCHANGE TRADED FD T | 2,744 | 2,936 | +192 | 498,695 | 556,959 | 0.29% | +58,264 |
| ENTERPRISE PRODS PARTNERS L(EPD) | 217,371 | 217,371 | 0 | 6,740,675 | 6,797,191 | 3.56% | +56,516 |
| BLACKROCK INC(BLK) | 471 | 471 | 0 | 494,197 | 549,125 | 0.29% | +54,928 |
| MEDTRONIC PLC(MDT) | 6,312 | 6,312 | 0 | 550,217 | 601,155 | 0.31% | +50,938 |
| SYSCO CORP(SYY) | 7,445 | 7,445 | 0 | 563,884 | 613,021 | 0.32% | +49,137 |
| INVESCO QQQ TR | 717 | 733 | +16 | 395,526 | 440,071 | 0.23% | +44,545 |
| GOLDMAN SACHS GROUP INC(GS) | 484 | 484 | 0 | 342,551 | 385,433 | 0.20% | +42,882 |
| ESSENTIAL UTILS INC(WTRG) | 15,463 | 15,463 | 0 | 574,296 | 616,974 | 0.32% | +42,678 |
| ISHARES TR | 7,687 | 7,722 | +35 | 468,446 | 502,007 | 0.26% | +33,561 |
| VANGUARD SCOTTSDALE FDS | 12,093 | 12,317 | +224 | 961,394 | 984,498 | 0.52% | +23,104 |
| EXXON MOBIL CORP | 4,313 | 4,322 | +9 | 464,941 | 487,306 | 0.26% | +22,365 |
| VANGUARD INDEX FDS | 7,295 | 7,295 | 0 | 649,693 | 666,909 | 0.35% | +17,216 |
| VANGUARD BD INDEX FDS | 10,655 | 10,816 | +161 | 838,549 | 853,491 | 0.45% | +14,942 |
| VANGUARD BD INDEX FDS | 4,568 | 4,684 | +116 | 353,289 | 365,774 | 0.19% | +12,485 |
| SELECT SECTOR SPDR TR | 7,740 | 7,740 | 0 | 405,344 | 416,954 | 0.22% | +11,610 |
| FEDEX CORP(FDX) | 1,050 | 1,050 | 0 | 238,676 | 247,601 | 0.13% | +8,925 |
| ARCHER DANIELS MIDLAND CO | 7,680 | 6,925 | -755 | 405,350 | 413,700 | 0.22% | +8,350 |
| VANGUARD TAX-MANAGED FDS | 3,563 | 3,506 | -57 | 203,127 | 210,080 | 0.11% | +6,953 |
| AMAZON COM INC(AMZN) | 1,123 | 1,123 | 0 | 246,375 | 246,577 | 0.13% | +202 |
| SPDR SERIES TRUST | 3,313 | 3,313 | 0 | 303,901 | 303,968 | 0.16% | +67 |
| PROSHARES TR | 2,970 | 2,870 | -100 | 299,079 | 295,811 | 0.15% | -3,268 |
| PUBLIC STORAGE OPER CO(PSA) | 2,400 | 2,400 | 0 | 704,208 | 693,240 | 0.36% | -10,968 |
| CROWDSTRIKE HLDGS INC(CRWD) | 675 | 675 | 0 | 343,784 | 331,007 | 0.17% | -12,777 |
| TELUS CORPORATION(TU) | 44,984 | 44,984 | 0 | 722,443 | 709,398 | 0.37% | -13,045 |
| EXTRA SPACE STORAGE INC(EXR) | 2,215 | 2,215 | 0 | 326,580 | 312,182 | 0.16% | -14,398 |
| DIGITAL RLTY TR INC(DLR) | 16,235 | 16,235 | 0 | 2,830,248 | 2,806,707 | 1.47% | -23,541 |
| EMERSON ELEC CO(EMR) | 20,180 | 20,180 | 0 | 2,690,599 | 2,647,212 | 1.39% | -43,387 |
| ECOLAB INC(ECL) | 1,786 | 1,476 | -310 | 481,220 | 404,217 | 0.21% | -77,003 |
| CISCO SYS INC(CSCO) | 72,695 | 72,570 | -125 | 5,043,579 | 4,965,239 | 2.60% | -78,340 |
| THE TRADE DESK INC(TTD) | 4,700 | 4,700 | 0 | 338,353 | 230,347 | 0.12% | -108,006 |
| PEPSICO INC(PEP) | 7,455 | 6,185 | -1,270 | 984,358 | 868,621 | 0.45% | -115,737 |
| AFLAC INC(AFL) | 11,801 | 9,776 | -2,025 | 1,244,533 | 1,091,979 | 0.57% | -152,554 |
| SCHWAB STRATEGIC TR | 30,901 | 24,336 | -6,565 | 818,877 | 664,373 | 0.35% | -154,504 |
| WEC ENERGY GROUP INC(WEC) | 7,710 | 5,480 | -2,230 | 803,382 | 627,953 | 0.33% | -175,429 |
| DEERE & CO(DE) | 4,031 | 4,031 | 0 | 2,049,723 | 1,843,215 | 0.97% | -206,508 |
| AMERIPRISE FINL INC(AMP) | 4,695 | 4,680 | -15 | 2,505,862 | 2,299,050 | 1.20% | -206,812 |
| VERTEX PHARMACEUTICALS INC(VRTX) | 485 | 0 | -485 | 215,922 | 0 | — | -215,922 |
| CLOROX CO DEL(CLX) | 1,801 | 0 | -1,801 | 216,246 | 0 | — | -216,246 |
| SPDR SERIES TRUST | 1,651 | 0 | -1,651 | 224,090 | 0 | — | -224,090 |
| PPG INDS INC(PPG) | 2,000 | 0 | -2,000 | 227,500 | 0 | — | -227,500 |
| FEDERAL RLTY INVT TR NEW(FRT) | 6,225 | 3,490 | -2,735 | 591,313 | 353,572 | 0.19% | -237,741 |
| SELECT SECTOR SPDR TR | 1,820 | 0 | -1,820 | 268,486 | 0 | — | -268,486 |
| TARGET CORP(TGT) | 2,747 | 0 | -2,747 | 270,992 | 0 | — | -270,992 |
| STANLEY BLACK & DECKER INC(SWK) | 28,068 | 21,353 | -6,715 | 1,901,607 | 1,587,168 | 0.83% | -314,439 |
| AMERICAN TOWER CORP NEW(AMT) | 14,728 | 15,273 | +545 | 3,255,183 | 2,937,303 | 1.54% | -317,880 |
| UGI CORP NEW(UGI) | 53,105 | 46,935 | -6,170 | 1,934,084 | 1,561,058 | 0.82% | -373,026 |
| GENPACT LIMITED | 146,750 | 144,875 | -1,875 | 6,458,467 | 6,068,814 | 3.18% | -389,653 |
| INTERNATIONAL BUSINESS MACHS(IBM) | 3,936 | 2,728 | -1,208 | 1,160,254 | 769,732 | 0.40% | -390,522 |
| COMCAST CORP NEW(CCZ) | 18,334 | 7,556 | -10,778 | 654,340 | 237,410 | 0.12% | -416,930 |
| UNITED PARCEL SERVICE INC(UPS) | 4,450 | 0 | -4,450 | 449,183 | 0 | — | -449,183 |
| ESSEX PPTY TR INC(ESS) | 12,739 | 11,783 | -956 | 3,610,233 | 3,153,838 | 1.65% | -456,395 |
| MOLSON COORS BEVERAGE CO(TAP) | 11,100 | 0 | -11,100 | 533,799 | 0 | — | -533,799 |
| AMGEN INC(AMGN) | 7,629 | 5,472 | -2,157 | 2,130,093 | 1,544,198 | 0.81% | -585,895 |