Analyzing Loudon Investment Management’s Q3 2022 vs. Q4 2022 13F Holdings: Understanding the Fund’s Investment Strategy.

Investment management is a complex and ever-changing field. It requires constant monitoring of the financial markets and the companies that make up those markets. One of the ways investment managers keep up with the changes is by filing a 13F report on a quarterly basis. The 13F report is a form that investment managers with more than $100 million in assets under management must file with the US Securities and Exchange Commission (SEC).

This report provides a list of all the holdings of the fund for the quarter and includes the number of shares held and the value of each holding. The report is public, so anyone can access the information and analyze it to gain insight into the manager's investment strategy.

In this blog post, we will analyze the Q3 2022 vs. Q4 2022 13F Holdings of Loudon Investment Management, LLC in a bid to summarize the changes in holdings of the fund.

The holdings listed in the 13F report for Q3 2022 and Q4 2022 are as shown in the table above. The table shows the Issuer Name, Option Type, Q3 2022 (SHARES), Q4 2022 (SHARES), Q3 2022 VALUE ($000), Q4 2022 VALUE ($000), and Chg% for each holding.

From the table, we can see that some holdings were increased, some were reduced, and some remained the same. The biggest increase was seen in the holdings of Comcast Corp New (CMCSA), which increased by a staggering 59.7%. Similarly, the holdings of JP Morgan Chase & Co (JPM) increased by an impressive 51.2%. Other notable increases were seen in Caterpillar Inc (CAT), up 43.9%, and Illinois Tool Works Inc (ITW), up 21.1%.

On the other hand, some of the holdings that experienced a decrease include Cardinal Health Inc (CAH) down 19.9%, Leggett & Platt Inc (LEG) down 20%, and Extra Space Storage Inc (EXR) down 14.7%. It is also worth noting that some holdings remained the same, such as Public Storage (PSA), Realty Income Corp (O), and Smith A O Corp (AOS).

One of the most significant changes in the holdings of the fund was the increase in holdings of ABBVIE INC (ABBV) from 31,929 in Q3 2022 to 30,000 in Q4 2022. This decrease of 1,929 shares represents a change of 13.1%. A similar decrease was seen in Fastenal Co (FAST), whose holdings decreased from 90,335 in Q3 2022 to 86,410 in Q4 2022, a decrease of 1.7%.

In contrast, some holdings experienced a significant increase. Illinois Tool Works Inc (ITW), for example, increased from 18,921 in Q3 2022 to 18,786 in Q4 2022, an increase of 21.1%. Similarly, Archer Daniels Midland Co (ADM) increased from 42,599 in Q3 2022 to 40,039 in Q4 2022, representing an increase of 8.5%.

Another noteworthy observation from the table is that some holdings experienced a minimal change. QUALCOMM Inc (QCOM) increased by just 0.2%, and Vanguard Bd Index Fds (BSV) increased by a mere 0.6%.

From the data provided, it is evident that Loudon Investment Management, LLC increased its holdings in some companies while reducing its holdings in others. These changes reflect the fund's current investment strategy and suggest that the fund is targeting specific stocks.

In summary, the 13F report of Loudon Investment Management, LLC provides an insight into the fund's current investment strategy. From the data provided, we can see that the fund increased its holdings in some companies while reducing them in others, reflecting a shift in the fund's strategy. However, it is crucial to keep in mind that these changes are subject to market fluctuations, and the strategy might change next quarter.