Loudon Investment Management, LLC

CIK

1597089

Location

MERIDEN, NH

Portfolio Value

Small $163,606,586

Diversification

Diversified

Filing Date

Global Rank

#4,632 / 8,603 ▲ 79 · as of Mar 2026

Top Industry

Specialty Industrial Machinery 7.5%

3Y Alpha vs SPY

-8.0%

Period ended 3 months ago

Filed May 11, 2026 · 59d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+42.8%

SPY

+76.0%

Annualised alpha

-8.1%

Max drawdown

−18.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

75 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

6.2%

−1.6 pts

Top 5

22.8%

−0.8 pts

Top 10

38.9%

−1.4 pts

HHI

263

Diversified−15

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	24.3%	$39,751,483	13
Industrials	19.1%	$31,183,574	12
Financial Services	14.8%	$24,187,496	11
Healthcare	8.5%	$13,988,011	8
Real Estate	8.1%	$13,215,831	7
Energy	7.2%	$11,709,322	6
Consumer Cyclical	4.9%	$8,070,032	4
Utilities	4.1%	$6,751,392	5
Unclassified	4.0%	$6,525,326	2
Communication Services	3.1%	$5,075,185	2
Consumer Defensive	1.7%	$2,756,289	4
Basic Materials	0.2%	$392,645	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
TMUS	T-Mobile US, Inc.	+7,618	22,753	$4,778,812
ADP	Automatic Data Processing Inc	+3,195	9,538	$1,937,930
O	Realty Income Corp	+800	83,850	$5,129,943
HTO	H2o America	+780	6,230	$365,514
AMT	American Tower Corp /Ma/	+495	15,323	$2,644,443
PAYX	Paychex Inc	+346	10,381	$956,297
MSFT	Microsoft Corp	+265	27,495	$10,177,824
NVDA	Nvidia Corp	+148	4,667	$813,924
ITW	Illinois Tool Works Inc	+115	13,680	$3,560,767
QQQ	Invesco Qqq Trust, Series 1	+94	847	$488,871
ABT	Abbott Laboratories	+75	24,492	$2,514,593
TSLA	Tesla, Inc.	+15	665	$247,213
No positions match the current search.

Trimmed

Positions the filer reduced

22 positions

Ticker	Company	Δ Shares	Shares	Value
TU	Telus Corp	−15,000	23,100	$296,373
UGI	Ugi Corp /Pa/	−6,300	29,285	$1,066,559
NVO	Novo Nordisk A S	−5,450	44,733	$1,643,937
ACN	Accenture plc	−2,537	9,460	$1,875,823
TFC	Truist Financial Corp	−1,700	119,074	$5,473,831
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−1,665	12,302	$4,157,460
IBM	International Business Machines Corp	−1,350	1,378	$334,013
QCOM	Qualcomm Inc/De	−942	31,513	$4,058,244
DPZ	Dominos Pizza Inc	−807	7,077	$2,539,156
FAST	Fastenal Co	−700	157,907	$7,326,884
JPM	Jpmorgan Chase & Co	−600	13,055	$3,840,258
ABBV	AbbVie Inc.	−475	20,227	$4,399,170
AFL	Aflac Inc	−475	8,801	$965,557
AAPL	Apple Inc.	−450	16,521	$4,192,864
SWK	Stanley Black & Decker, Inc.	−350	15,445	$1,097,521
CSCO	Cisco Systems, Inc.	−235	71,770	$5,568,634
AMGN	Amgen Inc	−175	5,087	$1,789,860
SPY	Spdr S&P 500 ETF Trust	−120	9,282	$6,036,455
LOW	Lowes Companies Inc	−70	21,372	$5,049,776
FDX	Fedex Corp	−50	1,000	$287,010
RTX	RTX Corp	−30	3,641	$702,348
CAT	Caterpillar Inc	−15	7,441	$5,271,650
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
MRSH	Marsh & Mclennan Companies, Inc.	3,600	$624,420
PSX	Phillips 66	1,527	$278,188
CVX	Chevron Corp	1,130	$233,797
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
APD	Air Products & Chemicals, Inc.	1,095	$270,486
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

75 positions · $163,606,586 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 75 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Added	27,495	+265	$10,177,824	−22.7%	6.22%
EPD	Enterprise Products Partners L.P. Energy	Held	217,907	0	$8,245,600	+18.0%	5.04%
FAST	Fastenal Co Industrials	Reduced	157,907	-700	$7,326,884	+15.1%	4.48%
SPY	Spdr S&P 500 ETF Trust	Reduced	9,282	-120	$6,036,455	−5.8%	3.69%
CSCO	Cisco Systems, Inc. Technology	Reduced	71,770	-235	$5,568,634	+0.4%	3.40%
TFC	Truist Financial Corp Financial Services	Reduced	119,074	-1,700	$5,473,831	−7.9%	3.35%
G	Genpact LTD Technology	Held	145,260	0	$5,410,935	−20.4%	3.31%
CAT	Caterpillar Inc Industrials	Reduced	7,441	-15	$5,271,650	+23.4%	3.22%
O	Realty Income Corp Real Estate	Added	83,850	+800	$5,129,943	+9.6%	3.14%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	21,372	-70	$5,049,776	−2.3%	3.09%
LNC	Lincoln National Corp Financial Services	Held	135,489	0	$4,809,859	−20.3%	2.94%
TMUS	T-Mobile US, Inc. Communication Services	Added	22,753	+7,618	$4,778,812	+55.5%	2.92%
ABBV	AbbVie Inc. Healthcare	Reduced	20,227	-475	$4,399,170	−7.0%	2.69%
AAPL	Apple Inc. Technology	Reduced	16,521	-450	$4,192,864	−9.1%	2.56%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	12,302	-1,665	$4,157,460	−2.0%	2.54%
NEE	Nextera Energy Inc Utilities	Held	44,110	0	$4,096,936	+15.7%	2.50%
QCOM	Qualcomm Inc/De Technology	Reduced	31,513	-942	$4,058,244	−26.9%	2.48%
CMI	Cummins Inc Industrials	Held	7,176	0	$3,860,831	+5.4%	2.36%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	13,055	-600	$3,840,258	−12.7%	2.35%
ITW	Illinois Tool Works Inc Industrials	Added	13,680	+115	$3,560,767	+6.6%	2.18%
USB	US Bancorp De Financial Services	Held	58,845	0	$3,060,528	−2.5%	1.87%
DLR	Digital Realty Trust, Inc. Real Estate	Held	15,305	0	$2,758,114	+16.5%	1.69%
AMT	American Tower Corp /Ma/ Real Estate	Added	15,323	+495	$2,644,443	+1.6%	1.62%
EMR	Emerson Electric Co Industrials	Held	20,180	0	$2,643,983	−1.3%	1.62%
DPZ	Dominos Pizza Inc Consumer Cyclical	Reduced	7,077	-807	$2,539,156	−22.7%	1.55%
ABT	Abbott Laboratories Healthcare	Added	24,492	+75	$2,514,593	−17.8%	1.54%
DE	Deere & Co Industrials	Held	4,031	0	$2,270,662	+21.0%	1.39%
AMP	Ameriprise Financial Inc Financial Services	Held	4,630	0	$2,057,572	−9.4%	1.26%
ADP	Automatic Data Processing Inc Technology	Added	9,538	+3,195	$1,937,930	+18.8%	1.18%
ACN	Accenture plc Technology	Reduced	9,460	-2,537	$1,875,823	−41.7%	1.15%
AMGN	Amgen Inc Healthcare	Reduced	5,087	-175	$1,789,860	+3.9%	1.09%
PNR	PENTAIR plc Industrials	Held	20,332	0	$1,771,120	−16.4%	1.08%
NVO	Novo Nordisk A S Healthcare	Reduced	44,733	-5,450	$1,643,937	−35.6%	1.00%
ENB	Enbridge Inc Energy	Held	29,951	0	$1,621,547	+13.2%	0.99%
MRK	Merck & Co., Inc. Healthcare	Held	12,803	0	$1,540,072	+14.3%	0.94%
PLD	Prologis, Inc. Real Estate	Held	11,405	0	$1,507,512	+3.5%	0.92%
GBCI	Glacier Bancorp, Inc. Financial Services	Held	31,439	0	$1,404,380	+1.4%	0.86%
JNJ	Johnson & Johnson Healthcare	Held	5,696	0	$1,392,330	+18.1%	0.85%
LMT	Lockheed Martin Corp Industrials	Held	2,289	0	$1,383,448	+25.0%	0.85%
SWK	Stanley Black & Decker, Inc. Industrials	Reduced	15,445	-350	$1,097,521	−6.5%	0.67%
BNY	Bank of New York Mellon Corp Financial Services	Held	9,177	0	$1,088,667	+2.2%	0.67%
UGI	Ugi Corp /Pa/ Utilities	Reduced	29,285	-6,300	$1,066,559	−19.9%	0.65%
VLO	Valero Energy Corp/Tx Energy	Held	4,219	0	$1,042,430	+51.8%	0.64%
GD	General Dynamics Corp Industrials	Held	2,935	0	$1,007,350	+1.9%	0.62%
AFL	Aflac Inc Financial Services	Reduced	8,801	-475	$965,557	−5.6%	0.59%
PEP	Pepsico Inc Consumer Defensive	Held	6,185	0	$960,468	+8.2%	0.59%
PAYX	Paychex Inc Technology	Added	10,381	+346	$956,297	−15.1%	0.58%
NVDA	Nvidia Corp Technology	Added	4,667	+148	$813,924	−3.4%	0.50%
MO	Altria Group, Inc. Consumer Defensive	Held	11,538	0	$761,392	+14.4%	0.47%
RTX	RTX Corp Industrials	Reduced	3,641	-30	$702,348	+4.3%	0.43%