Instuitional Investor - Loudon Investment Management, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Microsoft Corp	MSFT	27,036	$14,003,296	7.33%
2.	Sector Spdr Trust	XLB	67,832	$9,559,564	5.01%
3.	Fastenal Co	FAST	158,632	$7,779,313	4.07%
4.	Enterprise Products Partners L.p.	EPD	217,371	$6,797,191	3.56%
5.	Spdr S & P 500 Etf Trust	SPY	9,467	$6,306,726	3.3%