# EDGAR Filing Document

**Accession Number:** 0001597089
**File Stem:** 0001597089-25-000014
**Filing Date:** 2025-11
**Character Count:** 12397
**Document Hash:** 150ae704c14d4536418fc6c58bae6a93
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001597089-25-000014.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001597089-25-000014

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Loudon Investment Management, LLC
- **CENTRAL INDEX KEY:** 0001597089

**ORGANIZATION NAME:**
- **EIN:** 203059493
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15740
- **FILM NUMBER:** 251482780

**BUSINESS ADDRESS:**
- **STREET 1:** 24 AIRPORT RD.
- **STREET 2:** SUITE 302
- **CITY:** WEST LEBANON
- **STATE:** NH
- **ZIP:** 03784
- **BUSINESS PHONE:** 603-298-7370

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 378
- **CITY:** MERIDEN
- **STATE:** NH
- **ZIP:** 03770

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Loudon Investment Management LLC<br>**Address:** P.O. BOX 378<br>MERIDEN, NH 03770

**Form 13F File Number:** 028-15740

**CRD Number (if applicable):** 000113641

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** EMILY SANDS<br>**Title:** PRESIDENT<br>**Phone:** 6032987370

**Signature, Place, and Date of Signing:**

EMILY SANDS  WEST LEBANON, NH  11-13-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 94

**Form 13F Information Table Value Total:** $190947350

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 |  | 3407032 | 25437 | SH |  | SOLE |  | 0 | 0 | 25437 |
| ABBVIE INC | COM | 00287Y109 |  | 4816495 | 20802 | SH |  | SOLE |  | 0 | 0 | 20802 |
| AFLAC INC | COM | 001055102 |  | 1091979 | 9776 | SH |  | SOLE |  | 0 | 0 | 9776 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 892067 | 3271 | SH |  | SOLE |  | 0 | 0 | 3271 |
| ALPHABET INC | COM | 02079K107 |  | 347059 | 1425 | SH |  | SOLE |  | 0 | 0 | 1425 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 762200 | 11538 | SH |  | SOLE |  | 0 | 0 | 11538 |
| AMAZON COM INC | COM | 023135106 |  | 246577 | 1123 | SH |  | SOLE |  | 0 | 0 | 1123 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 2937303 | 15273 | SH |  | SOLE |  | 0 | 0 | 15273 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 2299050 | 4680 | SH |  | SOLE |  | 0 | 0 | 4680 |
| AMGEN INC | COM | 031162100 |  | 1544198 | 5472 | SH |  | SOLE |  | 0 | 0 | 5472 |
| APPLE INC | COM | 037833100 |  | 4321326 | 16971 | SH |  | SOLE |  | 0 | 0 | 16971 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 413700 | 6925 | SH |  | SOLE |  | 0 | 0 | 6925 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 1697311 | 5783 | SH |  | SOLE |  | 0 | 0 | 5783 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 999926 | 9177 | SH |  | SOLE |  | 0 | 0 | 9177 |
| BLACKROCK INC | COM | 09290D101 |  | 549125 | 471 | SH |  | SOLE |  | 0 | 0 | 471 |
| CATERPILLAR INC | COM | 149123101 |  | 3753262 | 7866 | SH |  | SOLE |  | 0 | 0 | 7866 |
| CISCO SYS INC | COM | 17275R102 |  | 4965239 | 72570 | SH |  | SOLE |  | 0 | 0 | 72570 |
| COMCAST CORP NEW | COM | 20030N101 |  | 237410 | 7556 | SH |  | SOLE |  | 0 | 0 | 7556 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 206206 | 2180 | SH |  | SOLE |  | 0 | 0 | 2180 |
| CROWDSTRIKE HLDGS INC | COM | 22788C105 |  | 331007 | 675 | SH |  | SOLE |  | 0 | 0 | 675 |
| CUMMINS INC | COM | 231021106 |  | 3178757 | 7526 | SH |  | SOLE |  | 0 | 0 | 7526 |
| DEERE  CO | COM | 244199105 |  | 1843215 | 4031 | SH |  | SOLE |  | 0 | 0 | 4031 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 2806707 | 16235 | SH |  | SOLE |  | 0 | 0 | 16235 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 2801366 | 6489 | SH |  | SOLE |  | 0 | 0 | 6489 |
| ECOLAB INC | COM | 278865100 |  | 404217 | 1476 | SH |  | SOLE |  | 0 | 0 | 1476 |
| EMERSON ELEC CO | COM | 291011104 |  | 2647212 | 20180 | SH |  | SOLE |  | 0 | 0 | 20180 |
| ENBRIDGE INC | COM | 29250N105 |  | 1511327 | 29951 | SH |  | SOLE |  | 0 | 0 | 29951 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 6797191 | 217371 | SH |  | SOLE |  | 0 | 0 | 217371 |
| ESSENTIAL UTILS INC | COM | 29670G102 |  | 616974 | 15463 | SH |  | SOLE |  | 0 | 0 | 15463 |
| ESSEX PPTY TR INC | COM | 297178105 |  | 3153838 | 11783 | SH |  | SOLE |  | 0 | 0 | 11783 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 312182 | 2215 | SH |  | SOLE |  | 0 | 0 | 2215 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 487306 | 4322 | SH |  | SOLE |  | 0 | 0 | 4322 |
| FASTENAL CO | COM | 311900104 |  | 7779313 | 158632 | SH |  | SOLE |  | 0 | 0 | 158632 |
| FEDERAL RLTY INVT TR NEW | COM | 313745101 |  | 353572 | 3490 | SH |  | SOLE |  | 0 | 0 | 3490 |
| FEDEX CORP | COM | 31428X106 |  | 247601 | 1050 | SH |  | SOLE |  | 0 | 0 | 1050 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 1000835 | 2935 | SH |  | SOLE |  | 0 | 0 | 2935 |
| GENPACT LIMITED | COM | G3922B107 |  | 6068814 | 144875 | SH |  | SOLE |  | 0 | 0 | 144875 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 |  | 1530136 | 31439 | SH |  | SOLE |  | 0 | 0 | 31439 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 385433 | 484 | SH |  | SOLE |  | 0 | 0 | 484 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 3761463 | 14425 | SH |  | SOLE |  | 0 | 0 | 14425 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 769732 | 2728 | SH |  | SOLE |  | 0 | 0 | 2728 |
| INVESCO EXCHANGE TRADED FD T | COM | 46137V357 |  | 556959 | 2936 | SH |  | SOLE |  | 0 | 0 | 2936 |
| INVESCO QQQ TR | COM | 46090E103 |  | 440071 | 733 | SH |  | SOLE |  | 0 | 0 | 733 |
| ISHARES TR | COM | 464287804 |  | 628848 | 5292 | SH |  | SOLE |  | 0 | 0 | 5292 |
| ISHARES TR | COM | 464288240 |  | 502007 | 7722 | SH |  | SOLE |  | 0 | 0 | 7722 |
| ISHARES TR | COM | 46429B655 |  | 1651169 | 32322 | SH |  | SOLE |  | 0 | 0 | 32322 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1056152 | 5696 | SH |  | SOLE |  | 0 | 0 | 5696 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 4338740 | 13755 | SH |  | SOLE |  | 0 | 0 | 13755 |
| LINCOLN NATL CORP IND | COM | 534187109 |  | 5628616 | 139564 | SH |  | SOLE |  | 0 | 0 | 139564 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1080290 | 2164 | SH |  | SOLE |  | 0 | 0 | 2164 |
| LOWES COS INC | COM | 548661107 |  | 5456443 | 21712 | SH |  | SOLE |  | 0 | 0 | 21712 |
| MEDTRONIC PLC | COM | G5960L103 |  | 601155 | 6312 | SH |  | SOLE |  | 0 | 0 | 6312 |
| MERCK  CO INC | COM | 58933Y105 |  | 977952 | 11652 | SH |  | SOLE |  | 0 | 0 | 11652 |
| MICROSOFT CORP | COM | 594918104 |  | 14003296 | 27036 | SH |  | SOLE |  | 0 | 0 | 27036 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 3186055 | 42205 | SH |  | SOLE |  | 0 | 0 | 42205 |
| NOVO-NORDISK A S | COM | 670100205 |  | 3073092 | 55381 | SH |  | SOLE |  | 0 | 0 | 55381 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 843155 | 4519 | SH |  | SOLE |  | 0 | 0 | 4519 |
| PAYCHEX INC | COM | 704326107 |  | 1214995 | 9585 | SH |  | SOLE |  | 0 | 0 | 9585 |
| PENTAIR PLC | COM | G7S00T104 |  | 2257510 | 20382 | SH |  | SOLE |  | 0 | 0 | 20382 |
| PEPSICO INC | COM | 713448108 |  | 868621 | 6185 | SH |  | SOLE |  | 0 | 0 | 6185 |
| PHILLIPS 66 | COM | 718546104 |  | 207703 | 1527 | SH |  | SOLE |  | 0 | 0 | 1527 |
| PROLOGIS INC. | COM | 74340W103 |  | 1306101 | 11405 | SH |  | SOLE |  | 0 | 0 | 11405 |
| PROSHARES TR | COM | 74348A467 |  | 295811 | 2870 | SH |  | SOLE |  | 0 | 0 | 2870 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 693240 | 2400 | SH |  | SOLE |  | 0 | 0 | 2400 |
| QUALCOMM INC | COM | 747525103 |  | 5475906 | 32916 | SH |  | SOLE |  | 0 | 0 | 32916 |
| REALTY INCOME CORP | COM | 756109104 |  | 1632515 | 26855 | SH |  | SOLE |  | 0 | 0 | 26855 |
| RTX CORPORATION | COM | 75513E101 |  | 614268 | 3671 | SH |  | SOLE |  | 0 | 0 | 3671 |
| SCHWAB STRATEGIC TR | COM | 808524797 |  | 664373 | 24336 | SH |  | SOLE |  | 0 | 0 | 24336 |
| SELECT SECTOR SPDR TR | COM | 81369Y803 |  | 9559564 | 33916 | SH |  | SOLE |  | 0 | 0 | 33916 |
| SELECT SECTOR SPDR TR | COM | 81369Y852 |  | 1715063 | 14489 | SH |  | SOLE |  | 0 | 0 | 14489 |
| SELECT SECTOR SPDR TR | COM | 81369Y407 |  | 690163 | 2880 | SH |  | SOLE |  | 0 | 0 | 2880 |
| SELECT SECTOR SPDR TR | COM | 81369Y605 |  | 416954 | 7740 | SH |  | SOLE |  | 0 | 0 | 7740 |
| SHOPIFY INC | COM | 82509L107 |  | 252637 | 1700 | SH |  | SOLE |  | 0 | 0 | 1700 |
| SPDR S 500 ETF TR | COM | 78462F103 |  | 6306726 | 9467 | SH |  | SOLE |  | 0 | 0 | 9467 |
| SPDR SERIES TRUST | COM | 78468R663 |  | 303968 | 3313 | SH |  | SOLE |  | 0 | 0 | 3313 |
| STANLEY BLACK  DECKER INC | COM | 854502101 |  | 1587168 | 21353 | SH |  | SOLE |  | 0 | 0 | 21353 |
| SYSCO CORP | COM | 871829107 |  | 613021 | 7445 | SH |  | SOLE |  | 0 | 0 | 7445 |
| T-MOBILE US INC | COM | 872590104 |  | 4967135 | 20750 | SH |  | SOLE |  | 0 | 0 | 20750 |
| TAIWAN SEMICONDUCTOR MFG LTD | COM | 874039100 |  | 4047471 | 14492 | SH |  | SOLE |  | 0 | 0 | 14492 |
| TELUS CORPORATION | COM | 87971M103 |  | 709398 | 44984 | SH |  | SOLE |  | 0 | 0 | 44984 |
| TESLA INC | COM | 88160R101 |  | 289068 | 650 | SH |  | SOLE |  | 0 | 0 | 650 |
| THE TRADE DESK INC | COM | 88339J105 |  | 230347 | 4700 | SH |  | SOLE |  | 0 | 0 | 4700 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 5521787 | 120774 | SH |  | SOLE |  | 0 | 0 | 120774 |
| UGI CORP NEW | COM | 902681105 |  | 1561058 | 46935 | SH |  | SOLE |  | 0 | 0 | 46935 |
| US BANCORP DEL | COM | 902973304 |  | 2798065 | 57895 | SH |  | SOLE |  | 0 | 0 | 57895 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 718327 | 4219 | SH |  | SOLE |  | 0 | 0 | 4219 |
| VANGUARD BD INDEX FDS | COM | 921937827 |  | 853491 | 10816 | SH |  | SOLE |  | 0 | 0 | 10816 |
| VANGUARD BD INDEX FDS | COM | 921937819 |  | 365774 | 4684 | SH |  | SOLE |  | 0 | 0 | 4684 |
| VANGUARD INDEX FDS | COM | 922908769 |  | 1061958 | 3236 | SH |  | SOLE |  | 0 | 0 | 3236 |
| VANGUARD INDEX FDS | COM | 922908553 |  | 666909 | 7295 | SH |  | SOLE |  | 0 | 0 | 7295 |
| VANGUARD SCOTTSDALE FDS | COM | 92206C409 |  | 984498 | 12317 | SH |  | SOLE |  | 0 | 0 | 12317 |
| VANGUARD TAX-MANAGED FDS | COM | 921943858 |  | 210080 | 3506 | SH |  | SOLE |  | 0 | 0 | 3506 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 358061 | 8147 | SH |  | SOLE |  | 0 | 0 | 8147 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 627953 | 5480 | SH |  | SOLE |  | 0 | 0 | 5480 |

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