Loudon Investment Management, LLC Top Holdings and 13F Report (2024)

About Loudon Investment Management, LLC

Investment Activity

Loudon Investment Management, LLC has $170.00 million in total holdings as of June 30, 2024.
Loudon Investment Management, LLC owns shares of 98 different stocks, but just 38 companies or ETFs make up 80% of its holdings.
Approximately 1.56% of the portfolio was purchased this quarter.
About 1.58% of the portfolio was sold this quarter.
This quarter, Loudon Investment Management, LLC has purchased 96 new stocks and bought additional shares in 19 stocks.
Loudon Investment Management, LLC sold shares of 25 stocks and completely divested from 2 stocks this quarter.

Largest Holdings

Microsoft: $12,368,000
QUALCOMM: $8,090,293
Technology Select Sector SPDR Fund: $7,181,219
Enterprise Products Partners: $6,133,356
Fastenal: $5,113,039

Largest New Holdings this Quarter

Pfizer: $354,926 Holding
Baxter International: $351,125 Holding
NextEra Energy: $233,885 Holding
NVIDIA: $229,784 Holding

Largest Purchases this Quarter

Pfizer: 12,685 shares (about $354.93K)
Baxter International: 10,497 shares (about $351.13K)
Genpact: 9,450 shares (about $304.20K)
NextEra Energy: 3,303 shares (about $233.89K)
United Parcel Service: 1,700 shares (about $232.64K)

Largest Sales this Quarter

Pentair: 6,005 shares (about $460.40K)
International Flavors & Fragrances: 4,420 shares (about $420.83K)
CVS Health: 6,728 shares (about $397.36K)
U.S. Bancorp: 6,687 shares (about $265.47K)
Stanley Black & Decker: 1,927 shares (about $153.95K)

Sector Allocation Over Time

Selling

Neutral

Buying

Latest 13F Holdings and Changes Since Previous Quarterly Filing

Issuer Name	Holdings Value	Approximate Purchase/Sale	Change in Shares	Shares Held	% of Portfolio	Sector
MSFT Microsoft	$12,368,000	$44,695 ▼	-0.4%	27,672	7.3%	Computer and Technology
QCOM QUALCOMM	$8,090,293	$67,721 ▼	-0.8%	40,618	4.8%	Computer and Technology
XLK Technology Select Sector SPDR Fund	$7,181,219		0.0%	31,743	4.2%	ETF
EPD Enterprise Products Partners	$6,133,356		0.0%	211,641	3.6%	Oils/Energy
FAST Fastenal	$5,113,039	$19,166 ▼	-0.4%	81,366	3.0%	Retail/Wholesale
LOW Lowe's Companies	$4,924,415	$11,023 ▼	-0.2%	22,337	2.9%	Retail/Wholesale
TFC Truist Financial	$4,880,609	$15,190 ▼	-0.3%	125,627	2.9%	Finance
SPY SPDR S&P 500 ETF Trust	$4,834,306	$81,089 ▲	1.7%	8,883	2.8%	Finance
AMGN Amgen	$4,363,989		0.0%	13,967	2.6%	Medical
ESS Essex Property Trust	$4,219,644	$85,743 ▼	-2.0%	15,502	2.5%	Finance
TGT Target	$4,216,031	$2,961 ▼	-0.1%	28,479	2.5%	Retail/Wholesale
G Genpact	$4,150,418	$304,196 ▲	7.9%	128,935	2.4%	Business Services
ITW Illinois Tool Works	$4,144,667		0.0%	17,491	2.4%	Industrial Products
ABBV AbbVie	$3,939,643		0.0%	22,969	2.3%	Medical
CMCSA Comcast	$3,933,230	$116,697 ▲	3.1%	100,440	2.3%	Consumer Discretionary
SWK Stanley Black & Decker	$3,784,789	$153,948 ▼	-3.9%	47,375	2.2%	Industrial Products
LNC Lincoln National	$3,739,277	$172,916 ▲	4.8%	120,234	2.2%	Finance
AAPL Apple	$3,650,255	$152,068 ▼	-4.0%	17,331	2.1%	Computer and Technology
CSCO Cisco Systems	$3,604,584	$36,583 ▼	-1.0%	75,870	2.1%	Computer and Technology
JPM JPMorgan Chase & Co.	$3,297,445		0.0%	16,303	1.9%	Finance
CAT Caterpillar	$2,804,036		0.0%	8,418	1.6%	Industrial Products
AMP Ameriprise Financial	$2,679,336	$4,272 ▼	-0.2%	6,272	1.6%	Finance
DLR Digital Realty Trust	$2,592,453		0.0%	17,050	1.5%	Finance
TSM Taiwan Semiconductor Manufacturing	$2,532,412		0.0%	14,570	1.5%	Computer and Technology
USB U.S. Bancorp	$2,380,134	$265,474 ▼	-10.0%	59,953	1.4%	Finance
AMT American Tower	$2,290,380	$22,354 ▲	1.0%	11,783	1.3%	Finance
EMR Emerson Electric	$2,223,029		0.0%	20,180	1.3%	Industrial Products
ADM Archer-Daniels-Midland	$2,095,620		0.0%	34,667	1.2%	Consumer Staples
CMI Cummins	$2,041,528		0.0%	7,372	1.2%	Auto/Tires/Trucks
PII Polaris	$2,032,301	$19,969 ▲	1.0%	25,952	1.2%	Auto/Tires/Trucks
VZ Verizon Communications	$2,023,771		0.0%	49,073	1.2%	Computer and Technology
UPS United Parcel Service	$1,766,049	$232,645 ▲	15.2%	12,905	1.0%	Transportation
MRK Merck & Co., Inc.	$1,666,100	$9,285 ▼	-0.6%	13,458	1.0%	Medical
PNR Pentair	$1,562,688	$460,403 ▼	-22.8%	20,382	0.9%	Industrial Products
DE Deere & Company	$1,543,466		0.0%	4,131	0.9%	Industrial Products
CVS CVS Health	$1,491,737	$397,356 ▼	-21.0%	25,258	0.9%	Retail/Wholesale
AFL Aflac	$1,391,986		0.0%	15,586	0.8%	Financial Services
PEP PepsiCo	$1,320,100		0.0%	8,004	0.8%	Consumer Staples
FRT Federal Realty Investment Trust	$1,257,581	$2,423 ▼	-0.2%	12,455	0.7%	Finance
CCI Crown Castle	$1,247,824	$38,396 ▲	3.2%	12,772	0.7%	Finance
GBCI Glacier Bancorp	$1,173,303		0.0%	31,439	0.7%	Finance
APD Air Products and Chemicals	$1,155,290	$125,154 ▲	12.1%	4,477	0.7%	Basic Materials
ADP Automatic Data Processing	$1,083,918	$239 ▲	0.0%	4,541	0.6%	Business Services
LMT Lockheed Martin	$1,083,205		0.0%	2,319	0.6%	Aerospace
GD General Dynamics	$968,487		0.0%	3,338	0.6%	Aerospace
VTI Vanguard Total Stock Market ETF	$881,178	$34,241 ▼	-3.7%	3,294	0.5%	ETF
JNJ Johnson & Johnson	$869,798	$19,001 ▼	-2.1%	5,951	0.5%	Medical
CLX Clorox	$782,246	$55,270 ▲	7.6%	5,732	0.5%	Consumer Staples
VCSH Vanguard Short-Term Corporate Bond ETF	$757,450	$5,409 ▼	-0.7%	9,802	0.4%	ETF
O Realty Income	$748,459	$26,410 ▲	3.7%	14,170	0.4%	Finance
BSV Vanguard Short-Term Bond ETF	$698,430		0.0%	9,106	0.4%	ETF
PSA Public Storage	$690,360		0.0%	2,400	0.4%	Finance
INTC Intel	$689,144	$7,742 ▼	-1.1%	22,252	0.4%	Computer and Technology
TU TELUS	$682,572		0.0%	45,084	0.4%	Utilities
FLOT iShares Floating Rate Bond ETF	$670,914	$58,498 ▲	9.6%	13,132	0.4%	ETF
XLC Communication Services Select Sector SPDR Fund	$670,718		0.0%	7,830	0.4%	ETF
VLO Valero Energy	$661,370		0.0%	4,219	0.4%	Oils/Energy
ENB Enbridge	$653,468	$69,934 ▲	12.0%	18,361	0.4%	Oils/Energy
ABT Abbott Laboratories	$626,266		0.0%	6,027	0.4%	Medical
MDT Medtronic	$619,290	$5,431 ▼	-0.9%	7,868	0.4%	Medical
BK Bank of New York Mellon	$614,591		0.0%	10,262	0.4%	Finance
VNQ Vanguard Real Estate ETF	$611,029		0.0%	7,295	0.4%	ETF
SCHD Schwab US Dividend Equity ETF	$595,097	$47,822 ▲	8.7%	7,653	0.4%	ETF
EXR Extra Space Storage	$589,004		0.0%	3,790	0.3%	Finance
MO Altria Group	$582,694		0.0%	12,792	0.3%	Consumer Staples
WTRG Essential Utilities	$577,234		0.0%	15,463	0.3%	Utilities
TTD Trade Desk	$556,719		0.0%	5,700	0.3%	Computer and Technology
SYY Sysco	$531,499		0.0%	7,445	0.3%	Consumer Staples
IFF International Flavors & Fragrances	$470,052	$420,828 ▼	-47.2%	4,937	0.3%	Consumer Staples
XOM Exxon Mobil	$450,465		0.0%	3,913	0.3%	Oils/Energy
IJR iShares Core S&P Small-Cap ETF	$450,425	$66,129 ▲	17.2%	4,223	0.3%	ETF
WHR Whirlpool	$442,730	$6,643 ▲	1.5%	4,332	0.3%	Consumer Discretionary
ECL Ecolab	$425,068		0.0%	1,786	0.3%	Basic Materials
ACWX iShares MSCI ACWI ex U.S. ETF	$407,029	$6,376 ▼	-1.5%	7,661	0.2%	Manufacturing
PG Procter & Gamble	$393,664		0.0%	2,387	0.2%	Consumer Staples
BLK BlackRock	$393,660		0.0%	500	0.2%	Finance
SDY SPDR S&P Dividend ETF	$380,268		0.0%	2,990	0.2%	ETF
PFE Pfizer	$354,926	$354,926 ▲	New Holding	12,685	0.2%	Medical
BAX Baxter International	$351,125	$351,125 ▲	New Holding	10,497	0.2%	Medical
NOBL ProShares S&P 500 Aristocrats ETF	$350,875	$1,442 ▲	0.4%	3,650	0.2%	ETF
BIL SPDR Bloomberg Barclays 1-3 Month T-Bill ETF	$320,037	$41,301 ▲	14.8%	3,487	0.2%	ETF
XLF Financial Select Sector SPDR Fund	$318,191		0.0%	7,740	0.2%	ETF
FDX FedEx	$316,331		0.0%	1,055	0.2%	Transportation
PM Philip Morris International	$311,590		0.0%	3,075	0.2%	Consumer Staples
QQQ Invesco QQQ	$311,422		0.0%	650	0.2%	Finance
CTSH Cognizant Technology Solutions	$291,176	$3,604 ▼	-1.2%	4,282	0.2%	Computer and Technology
CL Colgate-Palmolive	$289,858		0.0%	2,987	0.2%	Consumer Staples
PAYX Paychex	$278,616		0.0%	2,350	0.2%	Business Services
AOS A. O. Smith	$277,725	$14,312 ▼	-4.9%	3,396	0.2%	Industrial Products
PPG PPG Industries	$261,222		0.0%	2,075	0.2%	Basic Materials
CRWD CrowdStrike	$258,653		0.0%	675	0.2%	Computer and Technology
COP ConocoPhillips	$250,492		0.0%	2,190	0.1%	Oils/Energy
NEE NextEra Energy	$233,885	$233,885 ▲	New Holding	3,303	0.1%	Utilities
NVDA NVIDIA	$229,784	$229,784 ▲	New Holding	1,860	0.1%	Computer and Technology
VRTX Vertex Pharmaceuticals	$227,329		0.0%	485	0.1%	Medical
PSX Phillips 66	$215,567		0.0%	1,527	0.1%	Oils/Energy
TROW T. Rowe Price Group	$204,099		0.0%	1,770	0.1%	Finance
BIV Vanguard Intermediate-Term Bond ETF	$200,331		0.0%	2,675	0.1%	ETF
SLG SL Green Realty	$0	$223,993 ▼	-100.0%	0	0.0%	Finance
HRL Hormel Foods	$0	$211,957 ▼	-100.0%	0	0.0%	Consumer Staples