Loudon Investment Management, LLC
CIK 1597089 · View on SEC EDGAR ↗
- Portfolio value
- $203.7M
- Positions
- 95
- As of
- June 30, 2026
#6,404 of 9,443 by 13F value · top 67.8%
Portfolio value QoQ: +9.6% 13F does not disclose cash
- Top 10 holdings weight
- 38.52%
- Top 25 holdings weight
- 68.96%
- Positions above 1%
- 30
- Effective number of positions
- 40.9
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 4.36% Est. buys $10,151,080 · sells $8,498,241
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 77.9% still held
- New positions
- 3
- Increased
- 28
- Decreased
- 37
- Closed
- 3
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +11.5% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 95.4% · Options excluded: 0.0%
Sector breakdown
Industrials
20.6%
Technology
16.4%
Financials
10.4%
Healthcare
6.7%
Real Estate
6.4%
Energy
5.9%
Communications
4.0%
Utilities
3.1%
Retail
2.9%
Telecommunication
2.5%
Financial Services
2.1%
Consumer Staples
1.1%
Consumer Discretionary
0.9%
Communication Services
0.3%
Materials
0.2%
Logistics & Transportation
0.2%
Other/Unmapped
16.4%
Full portfolio 95 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| XLK XLK | $12,661,007 | 6.22% | 66,455 | $4,363,794 | Up ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $10,972,756 | 5.39% | 29,416 | $794,932 | Up ×3 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $8,159,946 | 4.01% | 69,470 | $2,591,312 | Down ×5 | ||
| EPD Enterprise Products Partners L.P. Common Stock | $8,010,261 | 3.93% | 217,907 | $-235,340 | |||
| FAST Fastenal Company - Common Stock | $7,553,630 | 3.71% | 157,269 | $226,745 | Down ×4 | ||
| CAT Caterpillar, Inc. Common Stock | $7,489,442 | 3.68% | 7,033 | $2,217,791 | Down ×6 | ||
| SPY SPY | $6,752,294 | 3.32% | 9,042 | $715,838 | Down ×4 | ||
| TFC Truist Financial Corporation Common Stock | $5,827,047 | 2.86% | 116,962 | $353,215 | Down ×2 | ||
| QCOM QUALCOMM Incorporated - Common Stock | $5,585,463 | 2.74% | 30,226 | $1,527,219 | Down ×3 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $5,451,013 | 2.68% | 11,414 | $1,293,552 | Down ×3 | ||
| O Realty Income Corporation Common Stock | $5,431,104 | 2.67% | 87,655 | $301,161 | Up ×6 | ||
| ABBV AbbVie Inc. Common Stock | $5,020,721 | 2.46% | 19,952 | $621,551 | Down ×6 | ||
| TMUS T-Mobile US, Inc. - Common Stock | $4,897,381 | 2.40% | 29,198 | $118,568 | Up ×2 | ||
| AAPL Apple Inc. - Common Stock | $4,713,964 | 2.31% | 16,291 | $521,099 | Down ×2 | ||
| LOW Lowe's Companies, Inc. Common Stock | $4,712,312 | 2.31% | 21,372 | $-337,464 | |||
| LNC Lincoln National Corporation Common Stock | $4,454,241 | 2.19% | 126,004 | $-355,619 | Down ×1 | ||
| JPM JP Morgan Chase & Co. Common Stock | $4,256,927 | 2.09% | 13,005 | $416,668 | Down ×5 | ||
| CMI Cummins Inc. Common Stock | $4,098,105 | 2.01% | 5,746 | $237,273 | Down ×1 | ||
| NEE NextEra Energy, Inc. Common Stock | $3,894,355 | 1.91% | 44,370 | $-202,582 | Up ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $3,818,117 | 1.87% | 19,082 | $3,004,192 | Up ×2 | ||
| G Genpact Limited Common Stock | $3,793,213 | 1.86% | 137,935 | $-1,617,722 | Down ×1 | ||
| ITW Illinois Tool Works Inc. Common Stock | $3,700,030 | 1.82% | 13,680 | $139,263 | |||
| USB U.S. Bancorp Common Stock | $3,559,372 | 1.75% | 58,930 | $498,844 | Up ×1 | ||
| EMR Emerson Electric Company Common Stock | $2,888,767 | 1.42% | 20,180 | $244,783 | |||
| ADP Automatic Data Processing, Inc. - Common Stock | $2,758,616 | 1.35% | 12,318 | $820,685 | Up ×6 | ||
| DLR Digital Realty Trust, Inc. Common Stock | $2,748,472 | 1.35% | 15,305 | $-9,642 | |||
| DE Deere & Company Common Stock | $2,556,984 | 1.26% | 4,031 | $286,322 | |||
| ABT Abbott Laboratories Common Stock | $2,083,572 | 1.02% | 22,962 | $-431,022 | Down ×1 | ||
| AMP Ameriprise Financial, Inc. Common Stock | $2,048,363 | 1.01% | 4,465 | $-9,209 | Down ×1 | ||
| ACN Accenture plc Class A Ordinary Shares (Ireland) | $2,039,074 | 1.00% | 16,386 | $163,251 | Up ×1 | ||
| AMT American Tower Corporation (REIT) Common Stock | $1,950,245 | 0.96% | 11,923 | $-694,198 | Down ×1 | ||
| FLOT | $1,830,500 | 0.90% | 35,857 | $407,110 | Up ×2 | ||
| NVO Novo Nordisk A/S Common Stock | $1,692,666 | 0.83% | 35,308 | $48,728 | Down ×3 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $1,645,186 | 0.81% | 12,803 | $105,113 | |||
| ENB Enbridge Inc Common Stock | $1,638,280 | 0.80% | 30,221 | $16,733 | Up ×1 | ||
| GBCI Glacier Bancorp, Inc. Common Stock | $1,621,624 | 0.80% | 31,439 | $217,244 | |||
| PNR Pentair plc. Ordinary Share | $1,618,829 | 0.79% | 21,117 | $-152,292 | Up ×1 | ||
| DPZ Domino's Pizza Inc - Common Stock | $1,582,926 | 0.78% | 5,347 | $-956,231 | Down ×2 | ||
| PLD Prologis, Inc. Common Stock | $1,545,035 | 0.76% | 11,405 | $37,522 | |||
| AMGN Amgen Inc. - Common Stock | $1,534,302 | 0.75% | 4,237 | $-255,559 | Down ×6 | ||
| PAYX Paychex, Inc. - Common Stock | $1,504,547 | 0.74% | 15,301 | $548,249 | Up ×6 | ||
| JNJ Johnson & Johnson Common Stock | $1,411,057 | 0.69% | 5,556 | $18,727 | Down ×1 | ||
| VCSH Vanguard Short-Term Corporate Bond ETF | $1,269,143 | 0.62% | 16,059 | $121,789 | Up ×4 | ||
| BK The Bank of New York Mellon Corporation Common Stock | $1,205,614 | 0.59% | 8,337 | $116,946 | Down ×1 | ||
| VTI | $1,187,088 | 0.58% | 3,208 | $143,172 | Down ×2 | ||
| IJR | $1,181,586 | 0.58% | 7,967 | $275,739 | Up ×1 | ||
| LMT Lockheed Martin Corporation Common Stock | $1,166,154 | 0.57% | 2,289 | $-217,295 | |||
| SWK Stanley Black & Decker, Inc. Common Stock | $1,152,029 | 0.57% | 12,240 | $54,507 | Down ×6 | ||
| VLO Valero Energy Corporation Common Stock | $1,098,796 | 0.54% | 4,219 | $56,365 | |||
| RSP | $1,058,318 | 0.52% | 4,974 | $203,506 | Up ×6 | ||
| GD General Dynamics Corporation Common Stock | $1,039,694 | 0.51% | 2,935 | $32,343 | |||
| BSV | $956,034 | 0.47% | 12,271 | $109,128 | Up ×1 | ||
| AFL AFLAC Incorporated Common Stock | $935,186 | 0.46% | 7,976 | $-30,372 | Down ×6 | ||
| XLC XLC | $923,996 | 0.45% | 8,625 | $-30,509 | Up ×1 | ||
| UGI UGI Corporation Common Stock | $903,048 | 0.44% | 26,145 | $-163,512 | Down ×4 | ||
| PEP PepsiCo, Inc. - Common Stock | $837,449 | 0.41% | 6,185 | $-123,020 | |||
| MO Altria Group, Inc. | $814,330 | 0.40% | 11,318 | $52,937 | Down ×1 | ||
| PSA Public Storage Common Stock | $763,944 | 0.38% | 2,400 | $113,832 | |||
| VNQ | $708,278 | 0.35% | 7,345 | $56,776 | |||
| XLE XLE | $701,849 | 0.34% | 13,215 | $-177,600 | Down ×2 | ||
| RTX RTX Corporation Common Stock | $690,807 | 0.34% | 3,641 | $-11,542 | |||
| QQQ Invesco QQQ Trust, Series 1 | $650,978 | 0.32% | 884 | $162,107 | Up ×6 | ||
| ACWX iShares MSCI ACWI ex U.S. ETF | $628,440 | 0.31% | 8,257 | $85,747 | Up ×5 | ||
| MRSH Marsh Common Stock | $600,012 | 0.29% | 3,600 | $-24,408 | |||
| WTRG Essential Utilities, Inc. Common Stock | $592,388 | 0.29% | 15,463 | $-30,307 | |||
| XOM Exxon Mobil Corporation Common Stock | $580,787 | 0.29% | 4,248 | $-156,046 | Down ×1 | ||
| SYY Sysco Corporation Common Stock | $580,463 | 0.28% | 6,945 | $49,411 | Down ×1 | ||
| HTO H2O America - Common Stock | $560,907 | 0.28% | 9,230 | $195,393 | Up ×2 | ||
| ADM Archer-Daniels-Midland Company Common Stock | $529,070 | 0.26% | 6,925 | $25,692 | |||
| GOOG Alphabet Inc. - Class C Capital Stock | $528,228 | 0.26% | 1,495 | $119,452 | Up ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $527,685 | 0.26% | 2,214 | $293,798 | Up ×1 | ||
| BLK BlackRock, Inc. Common Stock | $515,396 | 0.25% | 536 | $62,431 | Up ×1 | ||
| CRWD CrowdStrike Holdings, Inc. - Class A Common Stock | $515,120 | 0.25% | 675 | $251,593 | |||
| BIV | $489,193 | 0.24% | 6,378 | $15,848 | Up ×5 | ||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $459,162 | 0.23% | 454 | $49,703 | Down ×1 | ||
| BIL | $421,177 | 0.21% | 4,596 | $-26,484 | Down ×2 | ||
| SCHD | $418,921 | 0.21% | 13,211 | $15,142 | Up ×2 | ||
| ECL Ecolab Inc. Common Stock | $411,228 | 0.20% | 1,476 | $18,582 | |||
| WEC WEC Energy Group, Inc. Common Stock | $391,180 | 0.19% | 3,350 | $-208,509 | Down ×1 | ||
| XLI XLI | $361,199 | 0.18% | 1,950 | ||||
| XLB XLB | $334,461 | 0.16% | 6,580 | $-360,872 | Down ×1 | ||
| IBM International Business Machines Corporation Common Stock | $314,393 | 0.15% | 1,118 | $-19,620 | Down ×2 | ||
| FDX FedEx Corporation Common Stock | $313,130 | 0.15% | 1,000 | $-43,050 | |||
| TSLA Tesla, Inc. - Common Stock | $279,699 | 0.14% | 665 | $32,485 | |||
| NOBL | $272,938 | 0.13% | 4,860 | $-15,409 | Up ×1 | ||
| PSX Phillips 66 Common Stock | $258,139 | 0.13% | 1,527 | $-20,050 | |||
| EXR Extra Space Storage Inc Common Stock | $256,455 | 0.13% | 1,765 | $-33,998 | Down ×1 | ||
| VEA | $246,311 | 0.12% | 3,457 | $24,786 | |||
| FRT Federal Realty Investment Trust Common Stock | $245,646 | 0.12% | 1,990 | $10,391 | Down ×1 | ||
| VRTX Vertex Pharmaceuticals Incorporated - Common Stock | $240,914 | 0.12% | 485 | $24,342 | |||
| COP ConocoPhillips Common Stock | $226,633 | 0.11% | 2,180 | $-61,127 | |||
| CVX Chevron Corporation Common Stock | $220,461 | 0.11% | 1,330 | $-13,336 | Up ×1 | ||
| IWM | $217,526 | 0.11% | 724 | Up ×1 | |||
| IWR | $204,313 | 0.10% | 1,852 | Up ×1 | |||
| TU Telus Corporation Ordinary Shares | $188,146 | 0.09% | 17,800 | $-108,227 | Down ×3 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| XLI | $361,199 | 1,950 | 0.18% |
| IWM | $217,526 | 724 | 0.11% |
| IWR | $204,313 | 1,852 | 0.10% |
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| ESS | Dec. 31, 2025 | 11,783 | $3,153,838 | 10.4% |
| XLV | March 31, 2026 | 6,745 | $1,044,126 | No longer tracked |
| CCI | March 31, 2025 | 10,747 | $975,398 | -27.1% |
| SLB | Sept. 30, 2025 | 22,939 | $775,338 | 56.6% |
| PM | Sept. 30, 2025 | 3,925 | $714,860 | 17.0% |
| XLP | June 30, 2026 | 8,472 | $694,535 | No longer tracked |
| XLY | Dec. 31, 2025 | 2,880 | $690,163 | No longer tracked |
| PFE | June 30, 2025 | 22,370 | $566,856 | 15.7% |
| TAP | Sept. 30, 2025 | 11,100 | $533,799 | -6.3% |
| MDT | June 30, 2026 | 5,672 | $491,479 | 17.7% |
| UPS | Sept. 30, 2025 | 4,450 | $449,183 | 23.7% |
| XLF | March 31, 2026 | 7,740 | $423,920 | No longer tracked |
| WHR | March 31, 2025 | 3,321 | $380,188 | -54.1% |
| VZ | Dec. 31, 2025 | 8,147 | $358,061 | 21.4% |
| PG | June 30, 2025 | 2,062 | $351,406 | -10.1% |
| CTSH | June 30, 2025 | 4,282 | $327,573 | -22.0% |
| TGT | Sept. 30, 2025 | 2,747 | $270,992 | 81.1% |
| APD | March 31, 2026 | 1,095 | $270,487 | 4.5% |
| XLI | Sept. 30, 2025 | 1,820 | $268,486 | No longer tracked |
| TSLA | March 31, 2025 | 650 | $262,496 | 34.6% |
| CMCSA | Dec. 31, 2025 | 7,556 | $237,410 | -5.5% |
| TTD | Dec. 31, 2025 | 4,700 | $230,347 | -65.2% |
| COP | June 30, 2025 | 2,180 | $228,944 | 50.9% |
| PPG | Sept. 30, 2025 | 2,000 | $227,500 | 8.1% |
| SDY | Sept. 30, 2025 | 1,651 | $224,090 | No longer tracked |
| CLX | Sept. 30, 2025 | 1,801 | $216,246 | -14.4% |
| TROW | March 31, 2025 | 1,910 | $216,002 | 23.8% |
| VRTX | Sept. 30, 2025 | 485 | $215,922 | 39.6% |
| CL | June 30, 2025 | 2,294 | $214,948 | -0.7% |
| PSX | Dec. 31, 2025 | 1,527 | $207,703 | 88.4% |
| AOS | March 31, 2025 | 2,996 | $204,357 | -4.1% |
| SHOP | June 30, 2026 | 1,700 | $201,654 | 27.7% |