13F HOLDINGS REPORT
LOUDON INVESTMENT MANAGEMENT, LLC
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001597089-25-000014
Total Value
$190.9M
Positions
94
Other Managers
0
Confidential Omitted
No
Holdings (94)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 27,036 | $14.0M | 7.33% |
| 2 | SELECT SECTOR SPDR TR | 81369Y803 | 33,916 | $9.6M | 5.01% |
| 3 | FASTENAL CO | FAST | 158,632 | $7.8M | 4.07% |
| 4 | ENTERPRISE PRODS PARTNERS L | 293792107 | 217,371 | $6.8M | 3.56% |
| 5 | SPDR S&P 500 ETF TR | SPY | 9,467 | $6.3M | 3.30% |
| 6 | GENPACT LIMITED | G | 144,875 | $6.1M | 3.18% |
| 7 | LINCOLN NATL CORP IND | 534187109 | 139,564 | $5.6M | 2.95% |
| 8 | TRUIST FINL CORP | 89832Q109 | 120,774 | $5.5M | 2.89% |
| 9 | QUALCOMM INC | QCOM | 32,916 | $5.5M | 2.87% |
| 10 | LOWES COS INC | 548661107 | 21,712 | $5.5M | 2.86% |
| 11 | T-MOBILE US INC | TMUSZ | 20,750 | $5.0M | 2.60% |
| 12 | CISCO SYS INC | CSCO | 72,570 | $5.0M | 2.60% |
| 13 | ABBVIE INC | ABBV | 20,802 | $4.8M | 2.52% |
| 14 | JPMORGAN CHASE & CO. | VYLD | 13,755 | $4.3M | 2.27% |
| 15 | APPLE INC | AAPL | 16,971 | $4.3M | 2.26% |
| 16 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 14,492 | $4.0M | 2.12% |
| 17 | ILLINOIS TOOL WKS INC | 452308109 | 14,425 | $3.8M | 1.97% |
| 18 | CATERPILLAR INC | CAT | 7,866 | $3.8M | 1.97% |
| 19 | ABBOTT LABS | ABLZF | 25,437 | $3.4M | 1.78% |
| 20 | NEXTERA ENERGY INC | NEE-PW | 42,205 | $3.2M | 1.67% |
| 21 | CUMMINS INC | CMI | 7,526 | $3.2M | 1.66% |
| 22 | ESSEX PPTY TR INC | 297178105 | 11,783 | $3.2M | 1.65% |
| 23 | NOVO-NORDISK A S | NONOF | 55,381 | $3.1M | 1.61% |
| 24 | AMERICAN TOWER CORP NEW | 03027X100 | 15,273 | $2.9M | 1.54% |
| 25 | DIGITAL RLTY TR INC | 253868103 | 16,235 | $2.8M | 1.47% |
| 26 | DOMINOS PIZZA INC | DPZ | 6,489 | $2.8M | 1.47% |
| 27 | US BANCORP DEL | USB-PS | 57,895 | $2.8M | 1.47% |
| 28 | EMERSON ELEC CO | EMR | 20,180 | $2.6M | 1.39% |
| 29 | AMERIPRISE FINL INC | 03076C106 | 4,680 | $2.3M | 1.20% |
| 30 | PENTAIR PLC | PNR | 20,382 | $2.3M | 1.18% |
| 31 | DEERE & CO | DE | 4,031 | $1.8M | 0.97% |
| 32 | SELECT SECTOR SPDR TR | 81369Y852 | 14,489 | $1.7M | 0.90% |
| 33 | AUTOMATIC DATA PROCESSING IN | ADP | 5,783 | $1.7M | 0.89% |
| 34 | ISHARES TR | 46429B655 | 32,322 | $1.7M | 0.86% |
| 35 | REALTY INCOME CORP | O | 26,855 | $1.6M | 0.85% |
| 36 | STANLEY BLACK & DECKER INC | SWK | 21,353 | $1.6M | 0.83% |
| 37 | UGI CORP NEW | 902681105 | 46,935 | $1.6M | 0.82% |
| 38 | AMGEN INC | AMGN | 5,472 | $1.5M | 0.81% |
| 39 | GLACIER BANCORP INC NEW | GBCI | 31,439 | $1.5M | 0.80% |
| 40 | ENBRIDGE INC | ENNPF | 29,951 | $1.5M | 0.79% |
| 41 | PROLOGIS INC. | PLDGP | 11,405 | $1.3M | 0.68% |
| 42 | PAYCHEX INC | PAYX | 9,585 | $1.2M | 0.64% |
| 43 | AFLAC INC | AFL | 9,776 | $1.1M | 0.57% |
| 44 | LOCKHEED MARTIN CORP | LMT | 2,164 | $1.1M | 0.57% |
| 45 | VANGUARD INDEX FDS | 922908769 | 3,236 | $1.1M | 0.56% |
| 46 | JOHNSON & JOHNSON | JNJ | 5,696 | $1.1M | 0.55% |
| 47 | GENERAL DYNAMICS CORP | GD | 2,935 | $1.0M | 0.52% |
| 48 | BANK NEW YORK MELLON CORP | 064058100 | 9,177 | $999,926 | 0.52% |
| 49 | VANGUARD SCOTTSDALE FDS | 92206C409 | 12,317 | $984,498 | 0.52% |
| 50 | MERCK & CO INC | MRK | 11,652 | $977,952 | 0.51% |
| 51 | AIR PRODS & CHEMS INC | AIIR | 3,271 | $892,067 | 0.47% |
| 52 | PEPSICO INC | PEP | 6,185 | $868,621 | 0.45% |
| 53 | VANGUARD BD INDEX FDS | 921937827 | 10,816 | $853,491 | 0.45% |
| 54 | NVIDIA CORPORATION | NVDA | 4,519 | $843,155 | 0.44% |
| 55 | INTERNATIONAL BUSINESS MACHS | INTR | 2,728 | $769,732 | 0.40% |
| 56 | ALTRIA GROUP INC | MO | 11,538 | $762,200 | 0.40% |
| 57 | VALERO ENERGY CORP | VLO | 4,219 | $718,327 | 0.38% |
| 58 | TELUS CORPORATION | TU | 44,984 | $709,398 | 0.37% |
| 59 | PUBLIC STORAGE OPER CO | PSA-PS | 2,400 | $693,240 | 0.36% |
| 60 | SELECT SECTOR SPDR TR | 81369Y407 | 2,880 | $690,163 | 0.36% |
| 61 | VANGUARD INDEX FDS | 922908553 | 7,295 | $666,909 | 0.35% |
| 62 | SCHWAB STRATEGIC TR | 808524797 | 24,336 | $664,373 | 0.35% |
| 63 | ISHARES TR | 464287804 | 5,292 | $628,848 | 0.33% |
| 64 | WEC ENERGY GROUP INC | WEC | 5,480 | $627,953 | 0.33% |
| 65 | ESSENTIAL UTILS INC | 29670G102 | 15,463 | $616,974 | 0.32% |
| 66 | RTX CORPORATION | RTX | 3,671 | $614,268 | 0.32% |
| 67 | SYSCO CORP | SYY | 7,445 | $613,021 | 0.32% |
| 68 | MEDTRONIC PLC | MDT | 6,312 | $601,155 | 0.31% |
| 69 | INVESCO EXCHANGE TRADED FD T | IVZ | 2,936 | $556,959 | 0.29% |
| 70 | BLACKROCK INC | BLK | 471 | $549,125 | 0.29% |
| 71 | ISHARES TR | 464288240 | 7,722 | $502,007 | 0.26% |
| 72 | EXXON MOBIL CORP | XOM | 4,322 | $487,306 | 0.26% |
| 73 | INVESCO QQQ TR | IVZ | 733 | $440,071 | 0.23% |
| 74 | SELECT SECTOR SPDR TR | 81369Y605 | 7,740 | $416,954 | 0.22% |
| 75 | ARCHER DANIELS MIDLAND CO | ADM | 6,925 | $413,700 | 0.22% |
| 76 | ECOLAB INC | ECL | 1,476 | $404,217 | 0.21% |
| 77 | GOLDMAN SACHS GROUP INC | GSCE | 484 | $385,433 | 0.20% |
| 78 | VANGUARD BD INDEX FDS | 921937819 | 4,684 | $365,774 | 0.19% |
| 79 | VERIZON COMMUNICATIONS INC | VZ | 8,147 | $358,061 | 0.19% |
| 80 | FEDERAL RLTY INVT TR NEW | 313745101 | 3,490 | $353,572 | 0.19% |
| 81 | ALPHABET INC | GOOG | 1,425 | $347,059 | 0.18% |
| 82 | CROWDSTRIKE HLDGS INC | CRWD | 675 | $331,007 | 0.17% |
| 83 | EXTRA SPACE STORAGE INC | EXR | 2,215 | $312,182 | 0.16% |
| 84 | SPDR SERIES TRUST | 78468R663 | 3,313 | $303,968 | 0.16% |
| 85 | PROSHARES TR | 74348A467 | 2,870 | $295,811 | 0.15% |
| 86 | TESLA INC | TSLA | 650 | $289,068 | 0.15% |
| 87 | SHOPIFY INC | SHOP | 1,700 | $252,637 | 0.13% |
| 88 | FEDEX CORP | FDX | 1,050 | $247,601 | 0.13% |
| 89 | AMAZON COM INC | AMZN | 1,123 | $246,577 | 0.13% |
| 90 | COMCAST CORP NEW | CCZ | 7,556 | $237,410 | 0.12% |
| 91 | THE TRADE DESK INC | 88339J105 | 4,700 | $230,347 | 0.12% |
| 92 | VANGUARD TAX-MANAGED FDS | 921943858 | 3,506 | $210,080 | 0.11% |
| 93 | PHILLIPS 66 | PSX | 1,527 | $207,703 | 0.11% |
| 94 | CONOCOPHILLIPS | COP | 2,180 | $206,206 | 0.11% |