Loudon Investment Management
MERIDEN, NHfiles as Loudon Investment Management, LLC
$204m in 95 US stocks at the end of 30 June 2026. The top 10 are 38.5% of the money. It changed about 8.2% of the portfolio this quarter.
Value
$204m
Stocks
95
Top 10 share
38.5%
Turnover
8.2%
What changed this quarter
New
Bought for the first time this quarter.
- Select Sector Spdr TRXLI0.2% of the fund
- Ishares TRIWM0.1% of the fund
- Ishares TRIWR0.1% of the fund
Added
Bought more of a stock they already held.
- Select Sector Spdr TRXLK6.2% of the fund+6%
- MicrosoftMSFT5.4% of the fund+7%
- Realty IncomeO2.7% of the fund+5%
- T-Mobile USTMUS2.4% of the fund+28%
- NvidiaNVDA1.9% of the fund+309%
- Automatic Data ProcessingADP1.4% of the fund+29%
- AccentureACN1.0% of the fund+73%
- Ishares TRFLOT0.9% of the fund+28%
- PentairPNR0.8% of the fund+4%
- PaychexPAYX0.7% of the fund+47%
- Vanguard Scottsdale FDSVCSH0.6% of the fund+11%
- Ishares TRIJR0.6% of the fund+9%
- Invesco Exchange Traded FD TRSP0.5% of the fund+12%
- Vanguard BD Index FDSBSV0.5% of the fund+14%
- Invesco QQQ TRQQQ0.3% of the fund+4%
- Ishares TRACWX0.3% of the fund+4%
- H2O AmericaHTO0.3% of the fund+48%
- AlphabetGOOG0.3% of the fund+5%
- Amazon.comAMZN0.3% of the fund+97%
- BlackRockBLK0.3% of the fund+14%
- Vanguard BD Index FDSBIV0.2% of the fund+4%
- ChevronCVX0.1% of the fund+18%
Cut
Sold some of their stake.
- Cisco SystemsCSCO4.0% of the fund-3%
- CaterpillarCAT3.7% of the fund-5%
- State STR Spdr S&P 500 ETF TSPY3.3% of the fund-3%
- QualcommQCOM2.7% of the fund-4%
- Taiwan Semiconductor ManufacturingTSM2.7% of the fund-7%
- Lincoln NationalLNC2.2% of the fund-7%
- CumminsCMI2.0% of the fund-20%
- GenpactG1.9% of the fund-5%
- Abbott LaboratoriesABT1.0% of the fund-6%
- Ameriprise FinancialAMP1.0% of the fund-4%
- American TowerAMT1.0% of the fund-22%
- Novo Nordisk A SNVO0.8% of the fund-21%
- Dominos PizzaDPZ0.8% of the fund-24%
- AmgenAMGN0.8% of the fund-17%
- Johnson & JohnsonJNJ0.7% of the fund-2%
- Bank of New York MellonBNY0.6% of the fund-9%
- Stanley Black & DeckerSWK0.6% of the fund-21%
- AflacAFL0.5% of the fund-9%
- UGIUGI0.4% of the fund-11%
- Select Sector Spdr TRXLE0.3% of the fund-8%
- ExxonMobil HoldingsXOM0.3% of the fund-2%
- SyscoSYY0.3% of the fund-7%
- Goldman Sachs GroupGS0.2% of the fund-6%
- Spdr Series TrustBIL0.2% of the fund-6%
- WEC Energy GroupWEC0.2% of the fund-35%
Sold out
Sold their entire stake.
- Select Sector Spdr TRXLP-100%
- MedtronicMDT-100%
- ShopifySHOP-100%
Holdings
- Select Sector Spdr TRXLK
- Share
- 6.2%
- Value
- $13m
- Shares
- 66,455
+6%
- State STR Spdr S&P 500 ETF TSPY
- Share
- 3.3%
- Value
- $7m
- Shares
- 9,042
-3%
- Ishares TRFLOT
- Share
- 0.9%
- Value
- $2m
- Shares
- 35,857
+28%
- Vanguard Scottsdale FDSVCSH
- Share
- 0.6%
- Value
- $1m
- Shares
- 16,059
+11%
- Vanguard Index FDSVTI
- Share
- 0.6%
- Value
- $1m
- Shares
- 3,208
Held
- Ishares TRIJR
- Share
- 0.6%
- Value
- $1m
- Shares
- 7,967
+9%
- Invesco Exchange Traded FD TRSP
- Share
- 0.5%
- Value
- $1m
- Shares
- 4,974
+12%
- Vanguard BD Index FDSBSV
- Share
- 0.5%
- Value
- $956,034
- Shares
- 12,271
+14%
- Select Sector Spdr TRXLC
- Share
- 0.5%
- Value
- $923,996
- Shares
- 8,625
Held
- Vanguard Index FDSVNQ
- Share
- 0.3%
- Value
- $708,278
- Shares
- 7,345
Held
- Select Sector Spdr TRXLE
- Share
- 0.3%
- Value
- $701,849
- Shares
- 13,215
-8%
- Invesco QQQ TRQQQ
- Share
- 0.3%
- Value
- $650,978
- Shares
- 884
+4%
- Ishares TRACWX
- Share
- 0.3%
- Value
- $628,440
- Shares
- 8,257
+4%
- Vanguard BD Index FDSBIV
- Share
- 0.2%
- Value
- $489,193
- Shares
- 6,378
+4%
- Spdr Series TrustBIL
- Share
- 0.2%
- Value
- $421,177
- Shares
- 4,596
-6%
- Schwab Strategic TRSCHD
- Share
- 0.2%
- Value
- $418,921
- Shares
- 13,211
Held
- Select Sector Spdr TRXLI
- Share
- 0.2%
- Value
- $361,199
- Shares
- 1,950
New
- Select Sector Spdr TRXLB
- Share
- 0.2%
- Value
- $334,461
- Shares
- 6,580
-53%
- Proshares TRNOBL
- Share
- 0.1%
- Value
- $272,938
- Shares
- 4,860
-11%
- Vanguard Tax-Managed FDSVEA
- Share
- 0.1%
- Value
- $246,311
- Shares
- 3,457
Held
- Ishares TRIWM
- Share
- 0.1%
- Value
- $217,526
- Shares
- 724
New
- Ishares TRIWR
- Share
- 0.1%
- Value
- $204,313
- Shares
- 1,852
New
- TelusTU
- Share
- <0.1%
- Value
- $188,146
- Shares
- 17,800
-23%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Select Sector Spdr TRXLK | 6.2% | $13m | 66,455 | +6% |
| MicrosoftMSFT | 5.4% | $11m | 29,416 | +7% |
| Cisco SystemsCSCO | 4.0% | $8m | 69,470 | -3% |
| Enterprise Products Partners L.P.EPD | 3.9% | $8m | 217,907 | Held |
| FastenalFAST | 3.7% | $8m | 157,269 | Held |
| CaterpillarCAT | 3.7% | $7m | 7,033 | -5% |
| State STR Spdr S&P 500 ETF TSPY | 3.3% | $7m | 9,042 | -3% |
| Truist FinancialTFC | 2.9% | $6m | 116,962 | Held |
| QualcommQCOM | 2.7% | $6m | 30,226 | -4% |
| Taiwan Semiconductor ManufacturingTSM | 2.7% | $5m | 11,414 | -7% |
| Realty IncomeO | 2.7% | $5m | 87,655 | +5% |
| AbbVieABBV | 2.5% | $5m | 19,952 | Held |
| T-Mobile USTMUS | 2.4% | $5m | 29,198 | +28% |
| AppleAAPL | 2.3% | $5m | 16,291 | Held |
| Lowe's CompaniesLOW | 2.3% | $5m | 21,372 | Held |
| Lincoln NationalLNC | 2.2% | $4m | 126,004 | -7% |
| JPMorgan ChaseJPM | 2.1% | $4m | 13,005 | Held |
| CumminsCMI | 2.0% | $4m | 5,746 | -20% |
| NextEra EnergyNEE | 1.9% | $4m | 44,370 | Held |
| NvidiaNVDA | 1.9% | $4m | 19,082 | +309% |
| GenpactG | 1.9% | $4m | 137,935 | -5% |
| Illinois Tool WorksITW | 1.8% | $4m | 13,680 | Held |
| US BancorpUSB | 1.7% | $4m | 58,930 | Held |
| Emerson ElectricEMR | 1.4% | $3m | 20,180 | Held |
| Automatic Data ProcessingADP | 1.4% | $3m | 12,318 | +29% |
| Digital Realty TrustDLR | 1.3% | $3m | 15,305 | Held |
| DeereDE | 1.3% | $3m | 4,031 | Held |
| Abbott LaboratoriesABT | 1.0% | $2m | 22,962 | -6% |
| Ameriprise FinancialAMP | 1.0% | $2m | 4,465 | -4% |
| AccentureACN | 1.0% | $2m | 16,386 | +73% |
| American TowerAMT | 1.0% | $2m | 11,923 | -22% |
| Ishares TRFLOT | 0.9% | $2m | 35,857 | +28% |
| Novo Nordisk A SNVO | 0.8% | $2m | 35,308 | -21% |
| MerckMRK | 0.8% | $2m | 12,803 | Held |
| EnbridgeENB | 0.8% | $2m | 30,221 | Held |
| Glacier BancorpGBCI | 0.8% | $2m | 31,439 | Held |
| PentairPNR | 0.8% | $2m | 21,117 | +4% |
| Dominos PizzaDPZ | 0.8% | $2m | 5,347 | -24% |
| PrologisPLD | 0.8% | $2m | 11,405 | Held |
| AmgenAMGN | 0.8% | $2m | 4,237 | -17% |
| PaychexPAYX | 0.7% | $2m | 15,301 | +47% |
| Johnson & JohnsonJNJ | 0.7% | $1m | 5,556 | -2% |
| Vanguard Scottsdale FDSVCSH | 0.6% | $1m | 16,059 | +11% |
| Bank of New York MellonBNY | 0.6% | $1m | 8,337 | -9% |
| Vanguard Index FDSVTI | 0.6% | $1m | 3,208 | Held |
| Ishares TRIJR | 0.6% | $1m | 7,967 | +9% |
| Lockheed MartinLMT | 0.6% | $1m | 2,289 | Held |
| Stanley Black & DeckerSWK | 0.6% | $1m | 12,240 | -21% |
| Valero EnergyVLO | 0.5% | $1m | 4,219 | Held |
| Invesco Exchange Traded FD TRSP | 0.5% | $1m | 4,974 | +12% |
| General DynamicsGD | 0.5% | $1m | 2,935 | Held |
| Vanguard BD Index FDSBSV | 0.5% | $956,034 | 12,271 | +14% |
| AflacAFL | 0.5% | $935,186 | 7,976 | -9% |
| Select Sector Spdr TRXLC | 0.5% | $923,996 | 8,625 | Held |
| UGIUGI | 0.4% | $903,048 | 26,145 | -11% |
| PepsiCoPEP | 0.4% | $837,449 | 6,185 | Held |
| Altria GroupMO | 0.4% | $814,330 | 11,318 | Held |
| Public StoragePSA | 0.4% | $763,944 | 2,400 | Held |
| Vanguard Index FDSVNQ | 0.3% | $708,278 | 7,345 | Held |
| Select Sector Spdr TRXLE | 0.3% | $701,849 | 13,215 | -8% |
| RTXRTX | 0.3% | $690,807 | 3,641 | Held |
| Invesco QQQ TRQQQ | 0.3% | $650,978 | 884 | +4% |
| Ishares TRACWX | 0.3% | $628,440 | 8,257 | +4% |
| Marsh & McLennan CompaniesMRSH | 0.3% | $600,012 | 3,600 | Held |
| Essential UtilitiesWTRG | 0.3% | $592,388 | 15,463 | Held |
| ExxonMobil HoldingsXOM | 0.3% | $580,787 | 4,248 | -2% |
| SyscoSYY | 0.3% | $580,463 | 6,945 | -7% |
| H2O AmericaHTO | 0.3% | $560,907 | 9,230 | +48% |
| Archer-Daniels-MidlandADM | 0.3% | $529,070 | 6,925 | Held |
| AlphabetGOOG | 0.3% | $528,228 | 1,495 | +5% |
| Amazon.comAMZN | 0.3% | $527,685 | 2,214 | +97% |
| BlackRockBLK | 0.3% | $515,396 | 536 | +14% |
| CrowdStrike HoldingsCRWD | 0.3% | $515,120 | 675 | Held |
| Vanguard BD Index FDSBIV | 0.2% | $489,193 | 6,378 | +4% |
| Goldman Sachs GroupGS | 0.2% | $459,162 | 454 | -6% |
| Spdr Series TrustBIL | 0.2% | $421,177 | 4,596 | -6% |
| Schwab Strategic TRSCHD | 0.2% | $418,921 | 13,211 | Held |
| EcolabECL | 0.2% | $411,228 | 1,476 | Held |
| WEC Energy GroupWEC | 0.2% | $391,180 | 3,350 | -35% |
| Select Sector Spdr TRXLI | 0.2% | $361,199 | 1,950 | New |
| Select Sector Spdr TRXLB | 0.2% | $334,461 | 6,580 | -53% |
| International Business MachinesIBM | 0.2% | $314,393 | 1,118 | -19% |
| FedExFDX | 0.2% | $313,130 | 1,000 | Held |
| TeslaTSLA | 0.1% | $279,699 | 665 | Held |
| Proshares TRNOBL | 0.1% | $272,938 | 4,860 | -11% |
| Phillips 66PSX | 0.1% | $258,139 | 1,527 | Held |
| Extra Space StorageEXR | 0.1% | $256,455 | 1,765 | -20% |
| Vanguard Tax-Managed FDSVEA | 0.1% | $246,311 | 3,457 | Held |
| Federal Realty Investment TrustFRT | 0.1% | $245,646 | 1,990 | -10% |
| Vertex PharmaceuticalsVRTX | 0.1% | $240,914 | 485 | Held |
| ConocoPhillipsCOP | 0.1% | $226,633 | 2,180 | Held |
| ChevronCVX | 0.1% | $220,461 | 1,330 | +18% |
| Ishares TRIWM | 0.1% | $217,526 | 724 | New |
| Ishares TRIWR | 0.1% | $204,313 | 1,852 | New |
| TelusTU | <0.1% | $188,146 | 17,800 | -23% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 12.7% since 30 June 2025.
Where the money is
Industrials20.8%
Technology20.4%
Financial services12.5%
Utilities7.0%
Health care6.7%
Real estate6.4%
Retail & consumer3.5%
Media & telecom2.8%
Energy2.0%
Everyday goods1.4%
Materials0.2%
Other16.4%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.