Loudon Investment Management, LLC

Registered adviser

CIK

1597089

Location

MERIDEN, NH

Portfolio Value

Small $202,718,416

Diversification

Diversified

Filing Date

Global Rank

#6,483 / 8,827 ▼ 151 · as of Jun 2026

Top Industry

Software - Infrastructure 9.3%

Period ended 38 days ago

Filed Nov 6, 2026 · 1d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 113641

Roster of Nov 1, 2026

Regulatory AUM

$231,818,283

Main clients

Individuals and high net worth (95% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$231,818,283	Individuals and high net worth (95%)
Apr 2025 to Mar 2026	$221,608,700	Individuals and high net worth (96%)
Apr 2024 to Mar 2025	$200,462,116	Individuals and high net worth (97%)
May 2023 to Mar 2024	$168,042,555	Individuals and high net worth (77%)
Apr 2023	$168,042,555	Individuals and high net worth (77%)
Apr 2022 to Mar 2023	$190,165,703	Individuals and high net worth (77%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 39.5%, 38.5 effective positions, active share 78.1% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

18.2% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 21.0 quarters (12+), a floor since 58.9% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 78.1%; sector active share 19.8% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

93 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

7.5%

+0.3 pts

Top 5

26.2%

+1.9 pts

Top 10

40.5%

+1.0 pts

HHI

280

Diversified+20

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	28.0%	$56,828,512	13
Unclassified	15.7%	$31,904,974	19
Industrials	15.3%	$31,015,964	12
Financial Services	12.2%	$24,822,893	11
Healthcare	6.9%	$13,954,085	7
Energy	6.2%	$12,481,689	8
Real Estate	5.8%	$11,840,767	7
Consumer Cyclical	3.1%	$6,207,536	4
Utilities	2.9%	$5,826,045	5
Communication Services	2.4%	$4,803,791	2
Consumer Defensive	1.3%	$2,626,880	4
Basic Materials	0.2%	$405,280	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

20 positions

Ticker	Company	Δ Shares	Shares	Value
FLOT	iShares Floating Rate Bond ETF	+5,600	41,457	$2,116,379
G	Genpact LTD	+3,775	141,710	$4,609,826
RSP	Victory Portfolios II	+2,232	7,206	$0
NVDA	Nvidia Corp	+2,195	21,277	$4,859,241
CRWD	CrowdStrike Holdings, Inc.	+2,025	2,700	$714,825
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	+1,830	3,780	$631,184
BIV	Vanguard Bond Index Funds	+1,365	7,743	$564,154
SCHD	Schwab U.S. Dividend Equity ETF	+1,300	14,511	$472,042
PAYX	Paychex Inc	+1,250	16,551	$1,630,273
HTO	H2o America	+700	9,930	$611,985
—		+600	5,196	$0
PNR	PENTAIR plc	+400	21,517	$1,140,185
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	+345	16,404	$1,267,209
AMT	American Tower Corp	+295	12,218	$1,999,964
SPY	Spdr S&P 500 ETF Trust	+100	9,142	$6,971,963
ACWX	iShares MSCI ACWI ex U.S. ETF	+84	8,341	$630,746
IJR	iShares Core S&P Small-Cap ETF	+75	8,042	$1,094,033
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	+63	12,334	$942,317
MSFT	Microsoft Corp	+55	29,471	$15,115,675
CVX	Chevron Corp	+10	1,340	$273,641
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
LNC	Lincoln National Corp	−11,935	114,069	$4,592,417
TMUS	T-Mobile US, Inc.	−2,865	26,333	$4,294,385
CSCO	Cisco Systems, Inc.	−1,729	67,741	$7,290,963
O	Realty Income Corp	−1,635	86,020	$4,670,886
NVO	Novo Nordisk A S	−840	34,468	$1,306,681
ACN	Accenture plc	−805	15,581	$2,857,087
ABT	Abbott Laboratories	−780	22,182	$2,192,247
PLD	Prologis, Inc.	−675	10,730	$1,393,183
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	−615	65,840	$12,888,180
BNY	Bank of New York Mellon Corp	−510	7,827	$1,132,019
VLO	Valero Energy Corp	−425	3,794	$1,470,592
AFL	Aflac Inc	−400	7,576	$846,845
DPZ	Dominos Pizza Inc	−322	5,025	$1,505,540
AMGN	Amgen Inc	−320	3,917	$1,651,054
NEE	Nextera Energy Inc	−300	44,070	$3,337,861
—		−296	4,564	$0
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−205	11,209	$5,113,433
USB	US Bancorp De	−200	58,730	$3,392,244
FAST	Fastenal Co	−200	157,069	$7,779,627
EXR	Extra Space Storage Inc.	−175	1,590	$209,100
QCOM	Qualcomm Inc	−150	30,076	$5,535,187
SWK	Stanley Black & Decker, Inc.	−150	12,090	$1,071,053
TFC	Truist Financial Corp	−120	116,842	$5,409,784
ITW	Illinois Tool Works Inc	−115	13,565	$3,490,003
PSX	Phillips 66	−100	1,427	$364,327
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	3,725	$627,364
SHOP	Shopify Inc.	1,700	$252,110
OKE	Oneok Inc	2,865	$244,298
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	13,215	$701,848
—		6,580	$334,461
IWM	iShares Russell 2000 ETF	724	$217,525
IWR	iShares Russell Mid-Cap ETF	1,852	$204,312
TU	Telus Corp	17,800	$188,146
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

93 tracked positions · $202,718,416 total · filing declares 93 positions · $204,940,652 · as of Sep 30, 2026

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

Showing 1–50 of 93 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Added	29,471	+55	$15,115,675	+37.8%	7.46%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Reduced	65,840	-615	$12,888,180	+1.8%	6.36%
FAST	Fastenal Co Industrials	Reduced	157,069	-200	$7,779,627	+3.0%	3.84%
EPD	Enterprise Products Partners L.P. Energy	Held	217,907	0	$7,759,668	−3.1%	3.83%
CSCO	Cisco Systems, Inc. Technology	Reduced	67,741	-1,729	$7,290,963	−10.6%	3.60%
SPY	Spdr S&P 500 ETF Trust	Added	9,142	+100	$6,971,963	+3.3%	3.44%
CAT	Caterpillar Inc Industrials	Reduced	6,943	-90	$5,629,314	−24.8%	2.78%
QCOM	Qualcomm Inc Technology	Reduced	30,076	-150	$5,535,187	−0.9%	2.73%
AAPL	Apple Inc. Technology	Held	16,291	0	$5,425,228	+15.1%	2.68%
TFC	Truist Financial Corp Financial Services	Reduced	116,842	-120	$5,409,784	−7.2%	2.67%
ABBV	AbbVie Inc. Healthcare	Held	19,952	0	$5,219,243	+4.0%	2.57%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	11,209	-205	$5,113,433	−6.2%	2.52%
NVDA	Nvidia Corp Technology	Added	21,277	+2,195	$4,859,241	+27.3%	2.40%
O	Realty Income Corp Real Estate	Reduced	86,020	-1,635	$4,670,886	−14.0%	2.30%
G	Genpact LTD Technology	Added	141,710	+3,775	$4,609,826	+21.5%	2.27%
LNC	Lincoln National Corp Financial Services	Reduced	114,069	-11,935	$4,592,417	+3.1%	2.27%
JPM	Jpmorgan Chase & Co Financial Services	Held	13,005	0	$4,302,444	+1.1%	2.12%
TMUS	T-Mobile US, Inc. Communication Services	Reduced	26,333	-2,865	$4,294,385	−12.3%	2.12%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	21,342	-30	$3,933,117	−16.5%	1.94%
ITW	Illinois Tool Works Inc Industrials	Reduced	13,565	-115	$3,490,003	−5.7%	1.72%
USB	US Bancorp De Financial Services	Reduced	58,730	-200	$3,392,244	−4.7%	1.67%
NEE	Nextera Energy Inc Utilities	Reduced	44,070	-300	$3,337,861	−14.3%	1.65%
ADP	Automatic Data Processing Inc Technology	Held	12,318	0	$3,178,783	+15.2%	1.57%
EMR	Emerson Electric Co Industrials	Held	20,180	0	$3,129,918	+8.3%	1.54%
CMI	Cummins Inc Industrials	Held	5,746	0	$2,968,211	−27.6%	1.46%
ACN	Accenture plc Technology	Reduced	15,581	-805	$2,857,087	+40.1%	1.41%
DE	Deere & Co Industrials	Held	4,031	0	$2,707,018	+5.9%	1.34%
DLR	Digital Realty Trust, Inc. Real Estate	Reduced	15,230	-75	$2,673,321	−2.7%	1.32%
AMP	Ameriprise Financial Inc Financial Services	Held	4,465	0	$2,198,342	+7.3%	1.08%
ABT	Abbott Laboratories Healthcare	Reduced	22,182	-780	$2,192,247	+5.2%	1.08%
FLOT	iShares Floating Rate Bond ETF	Added	41,457	+5,600	$2,116,379	+15.6%	1.04%
AMT	American Tower Corp Real Estate	Added	12,218	+295	$1,999,964	+2.5%	0.99%
MRK	Merck & Co., Inc. Healthcare	Held	12,803	0	$1,860,403	+13.1%	0.92%
AMGN	Amgen Inc Healthcare	Reduced	3,917	-320	$1,651,054	+7.6%	0.81%
PAYX	Paychex Inc Technology	Added	16,551	+1,250	$1,630,273	+8.4%	0.80%
DPZ	Dominos Pizza Inc Consumer Cyclical	Reduced	5,025	-322	$1,505,540	−4.9%	0.74%
JNJ	Johnson & Johnson Healthcare	Held	5,556	0	$1,470,895	+4.2%	0.73%
VLO	Valero Energy Corp Energy	Reduced	3,794	-425	$1,470,592	+33.8%	0.73%
ENB	Enbridge Inc Energy	Held	30,221	0	$1,404,974	−14.2%	0.69%
PLD	Prologis, Inc. Real Estate	Reduced	10,730	-675	$1,393,183	−9.8%	0.69%
GBCI	Glacier Bancorp, Inc. Financial Services	Held	31,439	0	$1,358,164	−16.2%	0.67%
NVO	Novo Nordisk A S Healthcare	Reduced	34,468	-840	$1,306,681	−22.8%	0.64%
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	Added	16,404	+345	$1,267,209	−0.2%	0.63%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Held	3,208	0	$1,200,561	+1.1%	0.59%
LMT	Lockheed Martin Corp Industrials	Held	2,289	0	$1,165,673	−0.0%	0.58%
PNR	PENTAIR plc Industrials	Added	21,517	+400	$1,140,185	−29.6%	0.56%
BNY	Bank of New York Mellon Corp Financial Services	Reduced	7,827	-510	$1,132,019	−6.1%	0.56%
IJR	iShares Core S&P Small-Cap ETF	Added	8,042	+75	$1,094,033	−7.4%	0.54%
SWK	Stanley Black & Decker, Inc. Industrials	Reduced	12,090	-150	$1,071,053	−7.0%	0.53%
GD	General Dynamics Corp Industrials	Held	2,935	0	$973,921	−6.3%	0.48%

Showing the top 50 of 93 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.