Q2 2026 13F · SEC CIK 1597089

Loudon Investment Management, LLC

Wealth managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $203.7M
Reported positions: 95
Top holdings a year, 3 yrs: +13.7%
Assets under management: $231.8M

Loudon Investment Management, LLC is a wealth manager that reported 95 positions worth $203.7M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Select Sector Spdr Tr (XLK, 6.2%), Microsoft Corp (MSFT, 5.4%), Cisco Sys Inc (CSCO, 4.0%). A portfolio copying its top holdings returned 13.7% a year over the last 3 years, against 20.4% for the S&P 500.

Loudon Investment Management, LLC holdings largest 50 of 95 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Loudon Investment Management, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
XLKSelect Sector Spdr Tr	6.2%	4.5%	66,455	+6.4%	$12.7M
MSFTMicrosoft Corp	5.4%	5.5%	29,416	+7.0%	$11.0M
CSCOCisco Sys Inc	4.0%	3.0%	69,470	-3.2%	$8.2M
EPDEnterprise Prods Partners L	3.9%	4.4%	217,907	+0.0%	$8.0M
FASTFastenal Co	3.7%	3.9%	157,269	-0.4%	$7.6M
CATCaterpillar Inc	3.7%	2.8%	7,033	-5.5%	$7.5M
SPYState Str Spdr S&p 500 ETF T	3.3%	3.2%	9,042	-2.6%	$6.8M
TFCTruist Finl Corp	2.9%	2.9%	116,962	-1.8%	$5.8M
QCOMQualcomm Inc	2.7%	2.2%	30,226	-4.1%	$5.6M
TSMTaiwan Semiconductor Manufac	2.7%	2.2%	11,414	-7.2%	$5.5M
ORealty Income Corp.	2.7%	2.8%	87,655	+4.5%	$5.4M
ABBVAbbvie Inc	2.5%	2.4%	19,952	-1.4%	$5.0M
TMUST-Mobile US Inc	2.4%	2.6%	29,198	+28.3%	$4.9M
AAPLApple Inc	2.3%	2.3%	16,291	-1.4%	$4.7M
LOWLowes Cos Inc	2.3%	2.7%	21,372	+0.0%	$4.7M
LNCLincoln Natl Corp Ind	2.2%	2.6%	126,004	-7.0%	$4.5M
JPMJpmorgan Chase & Co	2.1%	2.1%	13,005	-0.4%	$4.3M
CMICummins Inc	2.0%	2.1%	5,746	-19.9%	$4.1M
NEENextera Energy Inc	1.9%	2.2%	44,370	+0.6%	$3.9M
NVDANvidia Corporation	1.9%	—	19,082	—	$3.8M
GGenpact Limited	1.9%	2.9%	137,935	-5.0%	$3.8M
ITWIllinois Tool Wks Inc	1.8%	1.9%	13,680	+0.0%	$3.7M
USBUS Bancorp	1.7%	1.6%	58,930	+0.1%	$3.6M
EMREmerson Elec Co	1.4%	1.4%	20,180	+0.0%	$2.9M
ADPAutomatic Data Processing in	1.4%	1.0%	12,318	+29.1%	$2.8M
DLRDigital Rlty Tr Inc	1.3%	1.5%	15,305	+0.0%	$2.7M
DEDeere & Co	1.3%	1.2%	4,031	+0.0%	$2.6M
ABTAbbott Laboratories	1.0%	1.4%	22,962	-6.2%	$2.1M
AMPAmeriprise Finl Inc	1.0%	1.1%	4,465	-3.6%	$2.0M
ACNAccenture PLC Ireland	1.0%	1.0%	16,386	+73.2%	$2.0M
AMTAmerican Tower Corp	1.0%	1.4%	11,923	-22.2%	$2.0M
FLOTIshares Tr	0.9%	0.8%	35,857	+28.3%	$1.8M
NVONovo-Nordisk A S	0.8%	0.9%	35,308	-21.1%	$1.7M
MRKMerck & Co Inc	0.8%	0.8%	12,803	+0.0%	$1.6M
ENBEnbridge Inc	0.8%	0.9%	30,221	+0.9%	$1.6M
GBCIGlacier Bancorp Inc New	0.8%	0.8%	31,439	+0.0%	$1.6M
PNRPentair PLC	0.8%	1.0%	21,117	+3.9%	$1.6M
DPZDominos Pizza Inc	0.8%	1.4%	5,347	-24.4%	$1.6M
PLDPrologis Inc	0.8%	0.8%	11,405	+0.0%	$1.5M
AMGNAmgen Inc	0.8%	1.0%	4,237	-16.7%	$1.5M
PAYXPaychex Inc	0.7%	—	15,301	—	$1.5M
JNJJohnson & Johnson	0.7%	0.7%	5,556	-2.5%	$1.4M
VCSHVanguard Scottsdale Fds	0.6%	0.6%	16,059	+11.0%	$1.3M
BNYBank of Ny Mellon Corp	0.6%	0.6%	8,337	-9.2%	$1.2M
VTIVanguard Index Fds	0.6%	0.6%	3,208	-1.4%	$1.2M
IJRIshares Tr	0.6%	—	7,967	—	$1.2M
LMTLockheed Martin Corp	0.6%	0.7%	2,289	+0.0%	$1.2M
SWKStanley Black & Decker Inc	0.6%	0.6%	12,240	-20.8%	$1.2M
VLOValero Energy Corp	0.5%	0.6%	4,219	+0.0%	$1.1M
RSPInvesco Exchange Traded Fd T	0.5%	—	4,974	—	$1.1M

What Loudon Investment Management, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

ACN Accenture PLC Ireland+73.2% shares
ADP Automatic Data Processing in+29.1% shares
FLOT Ishares Tr+28.3% shares
TMUS T-Mobile US Inc+28.3% shares
VCSH Vanguard Scottsdale Fds+11.0% shares
MSFT Microsoft Corp+7.0% shares
XLK Select Sector Spdr Tr+6.4% shares

Reduced

DPZ Dominos Pizza Inc-24.4% shares
AMT American Tower Corp-22.2% shares
NVO Novo-Nordisk A S-21.1% shares
SWK Stanley Black & Decker Inc-20.8% shares
CMI Cummins Inc-19.9% shares
AMGN Amgen Inc-16.7% shares
BNY Bank of Ny Mellon Corp-9.2% shares
TSM Taiwan Semiconductor Manufac-7.2% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +16.8% /yr; S&P 500 +20.1%
3 years: +13.7% /yr; S&P 500 +20.4%
5 years: +8.9% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$203.7M	95
Q1 2026	$185.8M	95
Q4 2025	$191.4M	93
Q3 2025	$190.9M	94
Q2 2025	$180.8M	99
Q1 2025	$175.1M	96
Q4 2024	$175.9M	96
Q3 2024	$182.5M	97
Q2 2024	$170.0M	98
Q1 2024	$174.1M	96
Q4 2023	$161.7M	94
Q3 2023	$145.4M	94

Questions about Loudon Investment Management, LLC's portfolio

What stocks does Loudon Investment Management, LLC own?

Loudon Investment Management, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 95 positions worth $203.7M. The largest are Select Sector Spdr Tr (XLK) at 6.2%, Microsoft Corp (MSFT) at 5.4%, Cisco Sys Inc (CSCO) at 4.0%, Enterprise Prods Partners L (EPD) at 3.9% and Fastenal Co (FAST) at 3.7%.

What did Loudon Investment Management, LLC buy last quarter?

In Q2 2026, Loudon Investment Management, LLC added Accenture PLC Ireland (ACN) (+73.2% shares), Automatic Data Processing in (ADP) (+29.1% shares) and Ishares Tr (FLOT) (+28.3% shares), compared with its Q1 2026 filing.

What did Loudon Investment Management, LLC sell last quarter?

In Q2 2026, Loudon Investment Management, LLC cut from its top 50 Ugi Corporation (UGI), cut from its top 50 General Dynamics Corp (GD), cut from its top 50 Aflac Inc (AFL), cut from its top 50 Pepsico Inc (PEP), Dominos Pizza Inc (DPZ) (-24.4% shares), American Tower Corp (AMT) (-22.2% shares) and Novo-Nordisk A S (NVO) (-21.1% shares), compared with its Q1 2026 filing.

How has Loudon Investment Management, LLC's portfolio performed?

A portfolio copying Loudon Investment Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +13.7% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +16.8% against +20.1%. Over 5 years: +8.9% a year against +11.6%.

When is Loudon Investment Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Loudon Investment Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Loudon Investment Management, LLC manage?

Loudon Investment Management, LLC reported $231.8M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $203.7M.