Fund HoldingsLoudon Investment Management, LLC

Total Portfolio Value
$191.40M
Total Bought
$12.88M
Total Sold
$16.53M
Net Transaction
-$3.64M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
ACCENTURE PLC IRELAND
SHS CLASS A
011,997+11,99703,2191.68%+3,219
REALTY INCOME CORP(O)26,85583,050+56,1951,6334,6822.45%+3,049
SELECT SECTOR SPDR TR
ST STR CARE ETF
06,745+6,74501,0440.55%+1,044
GENPACT LIMITED
SHS
144,875145,260+3856,0696,7953.55%+726
SELECT SECTOR SPDR TR
ST STR ENERG ETF
015,148+15,14806770.35%+677
CISCO SYS INC(CSCO)72,57072,005-5654,9655,5472.90%+581
CATERPILLAR INC(CAT)7,8667,456-4103,7534,2712.23%+518
DOMINOS PIZZA INC(DPZ)6,4897,884+1,3952,8013,2861.72%+485
CUMMINS INC(CMI)7,5267,176-3503,1793,6631.91%+484
TRUIST FINL CORP(TFC)120,774120,77405,5225,9433.11%+422
LINCOLN NATL CORP IND(LNC)139,564135,489-4,0755,6296,0333.15%+405
MERCK & CO INC(MRK)11,65212,803+1,1519781,3480.70%+370
NEXTERA ENERGY INC(NEE)42,20544,110+1,9053,1863,5411.85%+355
US BANCORP DEL(USB)57,89558,845+9502,7983,1401.64%+342
APPLE INC(AAPL)16,97116,97104,3214,6142.41%+292
H2O AMERICA(HTO)05,450+5,45002670.14%+267
SPDR SERIES TRUST
ST STR BLO 1 ETF
3,3136,093+2,7803045570.29%+253
ISHARES TR5,2927,297+2,0056298770.46%+248
VERTEX PHARMACEUTICALS INC(VRTX)0485+48502200.11%+220
TAIWAN SEMICONDUCTOR MFG LTD(TSM)14,49213,967-5254,0474,2442.22%+197
ENTERPRISE PRODS PARTNERS L(EPD)217,371217,907+5366,7976,9863.65%+189
AMGEN INC(AMGN)5,4725,262-2101,5441,7220.90%+178
INVESCO EXCHANGE TRADED FD T
S&P500 EQL WGT
2,9363,786+8505577250.38%+168
PROLOGIS INC.(PLD)11,40511,40501,3061,4560.76%+150
JOHNSON & JOHNSON(JNJ)5,6965,69601,0561,1790.62%+123
SPDR S&P 500 ETF TR(SPY)9,4679,402-656,3076,4113.35%+105
ALPHABET INC(GOOG)1,4251,42503474470.23%+100
SELECT SECTOR SPDR TR
ST STR TECHN ETF
33,91667,046+33,1309,5609,6535.04%+93
QUALCOMM INC(QCOM)32,91632,455-4615,4765,5512.90%+76
BANK NEW YORK MELLON CORP9,1779,17701,0001,0650.56%+65
JPMORGAN CHASE & CO.(JPM)13,75513,655-1004,3394,4002.30%+61
RTX CORPORATION(RTX)3,6713,67106146730.35%+59
FEDEX CORP(FDX)1,0501,05002483030.16%+56
GOLDMAN SACHS GROUP INC(GS)48448403854250.22%+40
INTERNATIONAL BUSINESS MACHS(IBM)2,7282,72807708080.42%+38
VANGUARD INDEX FDS3,2363,268+321,0621,0960.57%+34
DEERE & CO(DE)4,0314,03101,8431,8770.98%+33
VANGUARD BD INDEX FDS4,6845,117+4333663990.21%+33
EXXON MOBIL CORP4,3224,313-94875190.27%+32
EMERSON ELEC CO(EMR)20,18020,18002,6472,6781.40%+31
ISHARES TR7,7227,903+1815025310.28%+29
VANGUARD SCOTTSDALE FDS
SHRT TRM CORP BD
12,31712,692+3759841,0120.53%+27
LOCKHEED MARTIN CORP(LMT)2,1642,289+1251,0801,1070.58%+27
INVESCO QQQ TR733753+204404630.24%+23
SHOPIFY INC(SHOP)1,7001,70002532740.14%+21
PEPSICO INC(PEP)6,1856,18508698880.46%+19
AMAZON COM INC(AMZN)1,1231,12302472590.14%+13
VANGUARD TAX-MANAGED FDS3,5063,50602102190.11%+9
SELECT SECTOR SPDR TR
ST STR FINL ETF
7,7407,74004174240.22%+7
TESLA INC(TSLA)65065002892920.15%+3
NVIDIA CORPORATION(NVDA)4,5194,51908438430.44%-0
CONOCOPHILLIPS(COP)2,1802,18002062040.11%-2
VANGUARD BD INDEX FDS10,81610,801-158538510.44%-2
GENERAL DYNAMICS CORP(GD)2,9352,93501,0019880.52%-13
PROSHARES TR
S&P 500 DV ARIST
2,8702,720-1502962830.15%-13
CROWDSTRIKE HLDGS INC(CRWD)67567503313160.17%-15
ARCHER DANIELS MIDLAND CO6,9256,92504143980.21%-16
ECOLAB INC(ECL)1,4761,47604043870.20%-17
VANGUARD INDEX FDS7,2957,345+506676500.34%-17
EXTRA SPACE STORAGE INC(EXR)2,2152,21503122880.15%-24
ESSENTIAL UTILS INC(WTRG)15,46315,46306175930.31%-24
AMERIPRISE FINL INC(AMP)4,6804,630-502,2992,2701.19%-29
VALERO ENERGY CORP(VLO)4,2194,21907186870.36%-32
BLACKROCK INC(BLK)47147105495040.26%-45
MEDTRONIC PLC(MDT)6,3125,672-6406015450.28%-56
SYSCO CORP(SYY)7,4457,44506135490.29%-64
AUTOMATIC DATA PROCESSING IN5,7836,343+5601,6971,6320.85%-66
AFLAC INC(AFL)9,7769,276-5001,0921,0230.53%-69
PUBLIC STORAGE OPER CO(PSA)2,4002,40006936230.33%-70
ENBRIDGE INC(ENB)29,95129,95101,5111,4330.75%-79
WEC ENERGY GROUP INC(WEC)5,4805,180-3006285460.29%-82
ABBVIE INC(ABBV)20,80220,702-1004,8164,7302.47%-86
PAYCHEX INC(PAYX)9,58510,035+4501,2151,1260.59%-89
ALTRIA GROUP INC(MO)11,53811,53807626650.35%-97
FEDERAL RLTY INVT TR NEW(FRT)3,4902,215-1,2753542230.12%-130
PENTAIR PLC(PNR)20,38220,332-502,2582,1171.11%-140
GLACIER BANCORP INC NEW(GBCI)31,43931,43901,5301,3850.72%-145
TELUS CORPORATION(TU)44,98438,100-6,8847095020.26%-208
PHILLIPS 66(PSX)1,5270-1,5272080-208
UGI CORP NEW(UGI)46,93535,585-11,3501,5611,3320.70%-229
THE TRADE DESK INC(TTD)4,7000-4,7002300-230
COMCAST CORP NEW(CCZ)7,5560-7,5562370-237
ISHARES TR
FLTG RATE NT ETF
32,32227,112-5,2101,6511,3790.72%-272
LOWES COS INC(LOW)21,71221,442-2705,4565,1712.70%-285
SCHWAB STRATEGIC TR24,33613,111-11,2256643600.19%-305
AMERICAN TOWER CORP NEW(AMT)15,27314,828-4452,9372,6031.36%-334
ABBOTT LABS25,43724,417-1,0203,4073,0591.60%-348
VERIZON COMMUNICATIONS INC(VZ)000000
STANLEY BLACK & DECKER INC(SWK)21,35315,795-5,5581,5871,1730.61%-414
ILLINOIS TOOL WKS INC(ITW)14,42513,565-8603,7613,3411.75%-420
DIGITAL RLTY TR INC(DLR)16,23515,305-9302,8072,3681.24%-439
NOVO-NORDISK A S(NVO)55,38150,183-5,1983,0732,5531.33%-520
AIR PRODS & CHEMS INC01,095+1,09502700.14%+270
SELECT SECTOR SPDR TR
ST STR DISCR ETF
2,8800-2,8806900-690
SELECT SECTOR SPDR TR
ST STR SVC ETF
14,4898,610-5,8791,7151,0140.53%-701
MICROSOFT CORP(MSFT)27,03627,230+19414,00313,1696.88%-834
FASTENAL CO(FAST)158,632158,607-257,7796,3653.33%-1,414
T-MOBILE US INC(TMUS)20,75015,135-5,6154,9673,0731.61%-1,894
ESSEX PPTY TR INC(ESS)11,7830-11,7833,1540-3,154
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