Allied Investment Advisors, LLC

CIK

1729869

Location

BILLINGS, MT

Portfolio Value

Small $544,423,013

Diversification

Diversified

Filing Date

Global Rank

#2,196 / 8,232 ▲ 256

Top Industry

Oil & Gas Integrated 14.1%

3Y Alpha vs SPY

-4.5%

Period ended 2 months ago

Filed Apr 27, 2026 · 48d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+57.8%

SPY

+76.3%

Annualised alpha

-4.4%

Max drawdown

−17.8%

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

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

Top Position

5.0%

−1.2 pts

Top 5

20.7%

−2.1 pts

Top 10

37.4%

−2.0 pts

HHI

283

Diversified−12

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	25.1%	$136,685,535	15
Financial Services	19.3%	$105,026,145	13
Energy	14.1%	$76,797,004	5
Consumer Defensive	13.0%	$70,971,264	8
Healthcare	9.9%	$54,109,586	9
Technology	7.7%	$42,164,079	10
Consumer Cyclical	4.9%	$26,885,584	7
Basic Materials	2.4%	$13,041,520	3
Real Estate	2.3%	$12,320,219	2
Unclassified	0.8%	$4,232,552	4
Communication Services	0.3%	$1,727,387	2
Utilities	0.1%	$462,138	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
PFE	Pfizer Inc	+32,862	404,125	$11,347,830
DEO	Diageo PLC	+19,912	113,421	$8,444,193
KMB	Kimberly Clark Corp	+13,831	102,510	$9,889,139
O	Realty Income Corp	+13,073	197,732	$12,097,243
AMRZ	Amrize Ltd	+12,619	220,267	$12,339,357
PG	PROCTER & GAMBLE Co	+10,070	85,202	$12,306,576
OTIS	Otis Worldwide Corp	+8,500	132,978	$10,249,944
GPC	Genuine Parts Co	+8,047	90,689	$9,590,361
ABT	Abbott Laboratories	+7,291	105,319	$10,813,101
SYY	Sysco Corp	+6,826	162,588	$11,597,402
TGT	Target Corp	+6,275	100,352	$12,162,662
MDT	Medtronic plc	+6,267	135,603	$11,749,999
BAC	Bank Of America Corp /De/	+6,236	326,677	$15,925,503
AAON	Aaon, Inc.	+5,478	160,040	$13,243,310
PEP	Pepsico Inc	+4,387	81,316	$12,627,561
USB	US Bancorp De	+4,288	272,447	$14,169,968
SHEL	Shell plc	+3,737	200,189	$18,617,577
MMM	3M Co	+2,589	86,998	$12,634,719
WFC	Wells Fargo & Company/Mn	+1,941	202,689	$16,136,071
CVX	Chevron Corp	+1,795	91,770	$18,987,213
LOW	Lowes Companies Inc	+1,793	62,494	$14,766,082
MSFT	Microsoft Corp	+1,757	66,141	$24,483,413
SLV	iShares Silver Trust	+665	4,107	$279,850
NVDA	Nvidia Corp	+372	11,197	$1,952,756
LMT	Lockheed Martin Corp	+334	23,927	$14,461,239
No positions match the current search.

Trimmed

Positions the filer reduced

13 positions

Ticker	Company	Δ Shares	Shares	Value
CAT	Caterpillar Inc	−2,334	38,736	$27,442,906
EMR	Emerson Electric Co	−2,177	26,323	$3,448,839
RTX	RTX Corp	−2,141	98,897	$19,077,231
EBMT	Eagle Bancorp Montana, Inc.	−2,100	29,669	$610,588
FIBK	First Interstate Bancsystem Inc	−1,522	14,078	$470,205
AAPL	Apple Inc.	−955	48,195	$12,231,409
FDX	Fedex Corp	−705	49,005	$17,454,600
GS	Goldman Sachs Group Inc	−568	20,771	$17,572,058
BRK-B	Berkshire Hathaway Inc	−407	3,536	$1,694,451
MRK	Merck & Co., Inc.	−100	6,387	$768,292
JNJ	Johnson & Johnson	−51	74,483	$18,206,624
IBM	International Business Machines Corp	−46	5,099	$1,235,946
STT	State Street Corp	−33	128,020	$16,202,211
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
TTE	TotalEnergies SE	191,081	$17,384,549
GLW	Corning Inc /Ny	1,544	$209,937
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
MO	Altria Group, Inc.	5,886	$339,386
UNH	Unitedhealth Group Inc	683	$225,465
PSX	Phillips 66	1,654	$213,432
ADP	Automatic Data Processing Inc	800	$205,784
RTB	RTB Digital, Inc.	14,684	$82,230
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

79 positions · $544,423,013 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 79 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CAT	Caterpillar Inc Industrials	Reduced	38,736	-2,334	$27,442,906	+16.6%	5.04%
MSFT	Microsoft Corp Technology	Added	66,141	+1,757	$24,483,413	−21.4%	4.50%
XOM	Exxon Mobil Corp Energy	Added	126,408	+217	$21,446,381	+41.2%	3.94%
JPM	Jpmorgan Chase & Co Financial Services	Added	69,517	+106	$20,449,120	−8.6%	3.76%
RTX	RTX Corp Industrials	Reduced	98,897	-2,141	$19,077,231	+3.0%	3.50%
CVX	Chevron Corp Energy	Added	91,770	+1,795	$18,987,213	+38.5%	3.49%
SHEL	Shell plc Energy	Added	200,189	+3,737	$18,617,577	+29.0%	3.42%
JNJ	Johnson & Johnson Healthcare	Reduced	74,483	-51	$18,206,624	+18.0%	3.34%
GS	Goldman Sachs Group Inc Financial Services	Reduced	20,771	-568	$17,572,058	−6.3%	3.23%
FDX	Fedex Corp Industrials	Reduced	49,005	-705	$17,454,600	+21.6%	3.21%
TTE	TotalEnergies SE Energy	NEW	191,081	NEW	$17,384,549	NEW	3.19%
DE	Deere & Co Industrials	Added	29,442	+258	$16,584,678	+22.1%	3.05%
STT	State Street Corp Financial Services	Reduced	128,020	-33	$16,202,211	−1.9%	2.98%
WFC	Wells Fargo & Company/Mn Financial Services	Added	202,689	+1,941	$16,136,071	−13.8%	2.96%
BAC	Bank Of America Corp /De/ Financial Services	Added	326,677	+6,236	$15,925,503	−9.6%	2.93%
LOW	Lowes Companies Inc Consumer Cyclical	Added	62,494	+1,793	$14,766,082	+0.9%	2.71%
LMT	Lockheed Martin Corp Industrials	Added	23,927	+334	$14,461,239	+26.7%	2.66%
USB	US Bancorp De Financial Services	Added	272,447	+4,288	$14,169,968	−1.0%	2.60%
AAON	Aaon, Inc. Industrials	Added	160,040	+5,478	$13,243,310	+12.4%	2.43%
MMM	3M Co Industrials	Added	86,998	+2,589	$12,634,719	−6.5%	2.32%
PEP	Pepsico Inc Consumer Defensive	Added	81,316	+4,387	$12,627,561	+14.4%	2.32%
AMRZ	Amrize Ltd Basic Materials	Added	220,267	+12,619	$12,339,357	+9.9%	2.27%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	85,202	+10,070	$12,306,576	+14.3%	2.26%
AAPL	Apple Inc. Technology	Reduced	48,195	-955	$12,231,409	−8.5%	2.25%
TGT	Target Corp Consumer Defensive	Added	100,352	+6,275	$12,162,662	+32.3%	2.23%
O	Realty Income Corp Real Estate	Added	197,732	+13,073	$12,097,243	+16.2%	2.22%
MDT	Medtronic plc Healthcare	Added	135,603	+6,267	$11,749,999	−5.4%	2.16%
SYY	Sysco Corp Consumer Defensive	Added	162,588	+6,826	$11,597,402	+1.0%	2.13%
PFE	Pfizer Inc Healthcare	Added	404,125	+32,862	$11,347,830	+22.8%	2.08%
ABT	Abbott Laboratories Healthcare	Added	105,319	+7,291	$10,813,101	−12.0%	1.99%
OTIS	Otis Worldwide Corp Industrials	Added	132,978	+8,500	$10,249,944	−5.7%	1.88%
KMB	Kimberly Clark Corp Consumer Defensive	Added	102,510	+13,831	$9,889,139	+10.5%	1.82%
GPC	Genuine Parts Co Consumer Cyclical	Added	90,689	+8,047	$9,590,361	−5.6%	1.76%
DEO	Diageo PLC Consumer Defensive	Added	113,421	+19,912	$8,444,193	+4.7%	1.55%
EMR	Emerson Electric Co Industrials	Reduced	26,323	-2,177	$3,448,839	−8.8%	0.63%
GLD	Spdr Gold Trust	Held	6,629	0	$2,852,392	+8.6%	0.52%
WMT	Walmart Inc. Consumer Defensive	Held	20,524	0	$2,550,722	+11.6%	0.47%
NVDA	Nvidia Corp Technology	Added	11,197	+372	$1,952,756	−3.3%	0.36%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	3,536	-407	$1,694,451	−14.5%	0.31%
COST	Costco Wholesale Corp /New Consumer Defensive	Held	1,398	0	$1,393,009	+15.5%	0.26%
IBM	International Business Machines Corp Technology	Reduced	5,099	-46	$1,235,946	−18.9%	0.23%
GOOGL	Alphabet Inc. Communication Services	Added	3,721	+9	$1,070,010	−7.9%	0.20%
AVGO	Broadcom Inc. Technology	Held	2,938	0	$909,340	−10.6%	0.17%
SPY	Spdr S&P 500 ETF Trust	Added	1,273	+5	$827,882	−4.3%	0.15%
GBCI	Glacier Bancorp, Inc. Financial Services	Held	18,527	0	$827,601	+1.4%	0.15%
MRK	Merck & Co., Inc. Healthcare	Reduced	6,387	-100	$768,292	+12.5%	0.14%
AMZN	Amazon Com Inc Consumer Cyclical	Added	3,248	+107	$676,460	−6.7%	0.12%
ECG	Everus Construction Group, Inc. Industrials	Held	5,607	0	$661,962	+38.0%	0.12%
META	Meta Platforms, Inc. Communication Services	Added	1,149	+39	$657,377	−10.3%	0.12%
HD	Home Depot, Inc. Consumer Cyclical	Added	1,971	+119	$648,242	+1.7%	0.12%