Allied Investment Advisors, LLC
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| SCHWAB STRATEGIC TR | SCHD | $59.3M | 1,871,398 | -0.54pp | 10q | +3.0%+$1.7M | |
| VANGUARD WORLD FD | VHT | $54.1M | 180,940 | +0.09pp | 31q | +5.4%+$2.8M | |
| MICROSOFT CORP | MSFT | $25.4M | 68,125 | -0.32pp | 31q | +3.0%+$740.1K | |
| JPMORGAN CHASE & CO | JPM | $23.1M | 70,656 | -0.03pp | 31q | +1.6%+$372.8K | |
| CATERPILLAR INC | CAT | $21.4M | 20,083 | -1.25pp | 31q | -48.2%-$19.9M | |
| VANGUARD BD INDEX FDS | BSV | $21.3M | 273,991 | - | new | NEW | |
| STATE STR CORP | STT | $20.8M | 122,745 | +0.29pp | 31q | -4.1%-$894.6K | |
| GOLDMAN SACHS GROUP INC | GS | $20.8M | 20,549 | +0.09pp | 15q | -1.1%-$224.5K | |
| JOHNSON & JOHNSON | JNJ | $19.3M | 75,978 | -0.19pp | 31q | +2.0%+$379.7K | |
| RTX CORPORATION | RTX | $19.2M | 101,187 | -0.33pp | 25q | +2.3%+$434.5K | |
| DEERE & CO | DE | $19.1M | 30,107 | +0.02pp | 31q | +2.3%+$421.8K | |
| BANK OF AMER CORP | BAC | $19.0M | 334,060 | +0.11pp | 31q | +2.3%+$420.7K | |
| AAON INC | AAON | $19.0M | 149,761 | +0.49pp | 30q | -6.4%-$1.3M | |
| VANGUARD WORLD FD | VPU | $17.9M | 91,546 | -0.30pp | 12q | +2.2%+$378.5K | |
| EXXONMOBIL HOLDINGS CORP COM SHS | XOM | $17.5M | 128,268 | - | new | NEW | |
| WELLS FARGO & CO | WFC | $17.4M | 209,957 | -0.14pp | 31q | +3.6%+$600.6K | |
| US BANCORP | USB | $16.9M | 279,232 | +0.09pp | 31q | +2.5%+$409.8K | |
| SHELL PLC | SHEL | $15.8M | 204,343 | -0.68pp | 18q | +2.1%+$322.1K | |
| CHEVRON CORPORATION | CVX | $15.6M | 93,947 | -0.77pp | 31q | +2.4%+$360.9K | |
| FEDEX CORP | FDX | $15.4M | 49,256 | -0.57pp | 30q | +0.5%+$78.6K | |
| VANGUARD INTL EQUITY INDEX F | VGK | $15.2M | 171,665 | +0.21pp | 7q | +19.7%+$2.5M | |
| TOTALENERGIES SE | TTE | $15.0M | 192,577 | -0.61pp | 2q | +0.8%+$116.3K | |
| 3M CO | MMM | $14.7M | 90,579 | +0.03pp | 31q | +4.1%+$579.8K | |
| LOWES COS INC | LOW | $14.6M | 66,389 | -0.28pp | 31q | +6.2%+$858.8K | |
| SYSCO CORP | SYY | $14.4M | 172,615 | +0.15pp | 31q | +6.2%+$838.1K | |
| APPLE INC | AAPL | $13.8M | 47,590 | -0.02pp | 31q | -1.3%-$175.1K | |
| TARGET CORP | TGT | $13.7M | 104,850 | -0.02pp | 31q | +4.5%+$587.5K | |
| PROCTER & GAMBLE CO | PG | $13.4M | 91,467 | -0.08pp | 31q | +7.4%+$918.7K | |
| REALTY INCOME CORP | O | $13.4M | 215,880 | -0.06pp | 4q | +9.2%+$1.1M | |
| AMRIZE LTD | AMRZ | $12.8M | 240,449 | -0.16pp | 4q | +9.2%+$1.1M | |
| LOCKHEED MARTIN CORP | LMT | $12.7M | 24,963 | -0.48pp | 21q | +4.3%+$527.8K | |
| KIMBERLY-CLARK CORP | KMB | $12.5M | 114,079 | +0.15pp | 31q | +11.3%+$1.3M | |
| VANGUARD SCOTTSDALE FDS | VCSH | $12.1M | 153,415 | - | new | NEW | |
| GENUINE PARTS CO | GPC | $12.1M | 102,470 | +0.14pp | 6q | +13.0%+$1.4M | |
| VANGUARD BD INDEX FDS | BIV | $11.9M | 155,473 | - | new | NEW | |
| PEPSICO INC | PEP | $11.7M | 86,661 | -0.34pp | 31q | +6.6%+$723.7K | |
| MEDTRONIC PLC | MDT | $11.6M | 148,273 | -0.23pp | 31q | +9.3%+$991.2K | |
| ABBOTT LABORATORIES | ABT | $11.2M | 123,081 | -0.15pp | 31q | +16.9%+$1.6M | |
| BOEING CO | BA | $11.0M | 50,917 | +1.33pp | 7q | +2676.3%+$10.6M | |
| PFIZER INC | PFE | $10.8M | 449,358 | -0.27pp | 21q | +11.2%+$1.1M | |
| OTIS WORLDWIDE CORP | OTIS | $10.8M | 150,535 | -0.12pp | 25q | +13.2%+$1.3M | |
| DIAGEO PLC | DEO | $10.0M | 123,872 | +0.04pp | 8q | +9.2%+$840.1K | |
| VANGUARD INDEX FDS | VTI | $8.1M | 21,872 | +0.01pp | 6q | HELD | |
| ISHARES INC | PICK | $4.1M | 70,114 | -0.06pp | 3q | HELD | |
| EMERSON ELEC CO | EMR | $3.5M | 24,226 | -0.06pp | 31q | -8.0%-$300.2K | |
| SPDR GOLD TR | GLD | $2.6M | 6,957 | -0.09pp | 6q | +4.9%+$120.8K | |
| WALMART INC | WMT | $2.3M | 20,284 | -0.08pp | 31q | -1.2%-$27.2K | |
| VANGUARD INDEX FDS | VTV | $1.8M | 8,449 | flat | 7q | +2.8%+$50.3K | |
| VANGUARD WORLD FD | VGT | $1.8M | 15,392 | +0.04pp | 31q | +700.0%+$1.6M | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $1.8M | 3,636 | -0.01pp | 31q | +2.8%+$50.0K | |
| NVIDIA CORPORATION | NVDA | $1.8M | 8,870 | -0.06pp | 9q | -20.8%-$465.6K | |
| BERKSHIRE HATHAWAY INC DEL | BRKA | $1.5M | 2 | -0.02pp | 31q | HELD | |
| PROSHARES TR | NOBL | $1.4M | 25,204 | -0.01pp | 31q | +100.0%+$707.7K | |
| INTERNATIONAL BUSINESS MACHS | IBM | $1.4M | 5,007 | flat | 31q | -1.8%-$25.9K | |
| ALPHABET INC | GOOGL | $1.3M | 3,721 | +0.01pp | 23q | HELD | |
| COSTCO WHOLESALE CORPORATION | COST | $1.3M | 1,398 | -0.04pp | 10q | HELD | |
| BROADCOM INC | AVGO | $959.1K | 2,539 | -0.01pp | 5q | -13.6%-$150.7K | |
| GLACIER BANCORP INC NEW | GBCI | $958.2K | 18,577 | flat | 31q | HELD | |
| EVERUS CONSTR GROUP | ECG | $938.6K | 5,656 | +0.02pp | 7q | +0.9%+$8.1K | |
| STATE STR SPDR S&P 500 ETF T | SPY | $931.2K | 1,247 | flat | 11q | -2.0%-$19.4K | |
| INVESCO EXCH TRADED FD TR II | SPLV | $913.8K | 12,200 | -0.01pp | 31q | HELD | |
| ALPHABET INC | GOOG | $858.6K | 2,430 | +0.01pp | 5q | HELD | |
| ADVANCED MICRO DEVICES INC | AMD | $838.3K | 1,443 | +0.06pp | 5q | HELD | |
| MERCK & CO INC | MRK | $814.9K | 6,342 | -0.01pp | 21q | -0.7%-$5.8K | |
| AMAZON COM INC | AMZN | $768.2K | 3,223 | flat | 13q | -0.8%-$6.0K | |
| STARBUCKS CORP | SBUX | $727.3K | 7,117 | flat | 31q | HELD | |
| FEDEX FGHT HLDG CO INC | $725.7K | 4,806 | - | new | NEW | ||
| EAGLE BANCORP MONT INC | EBMT | $710.0K | 29,669 | flat | 3q | HELD | |
| HOME DEPOT INC | HD | $695.1K | 1,971 | -0.01pp | 31q | HELD | |
| DIMENSIONAL ETF TRUST | DFUS | $635.2K | 7,752 | flat | 13q | HELD | |
| ABBVIE INC | ABBV | $576.8K | 2,292 | flat | 11q | HELD | |
| FIRST INTST BANCSYSTEM INC | FIBK | $545.9K | 14,158 | flat | 30q | +0.6%+$3.1K | |
| CISCO SYS INC | CSCO | $529.5K | 4,508 | +0.02pp | 4q | +1.8%+$9.4K | |
| CITIGROUP INC | C | $522.3K | 3,732 | +0.01pp | 10q | HELD | |
| MDU RES GROUP INC | MDU | $477.2K | 22,501 | -0.01pp | 9q | +0.9%+$4.2K | |
| SCHWAB STRATEGIC TR | SCHV | $433.0K | 12,439 | flat | 21q | HELD | |
| STEEL DYNAMICS INC | STLD | $419.2K | 1,827 | +0.01pp | 4q | HELD | |
| CORNING INC | GLW | $394.4K | 1,544 | +0.02pp | 2q | HELD | |
| VANGUARD WORLD FD | MGK | $390.0K | 4,436 | +0.01pp | 4q | +504.4%+$325.4K | |
| KNIFE RIVER CORP | KNF | $386.5K | 4,621 | flat | 9q | +1.1%+$4.1K | |
| META PLATFORMS INC | META | $381.3K | 677 | -0.05pp | 9q | -41.1%-$265.9K | |
| ELI LILLY & CO | LLY | $373.6K | 311 | +0.01pp | 10q | HELD | |
| MCKESSON CORP | MCK | $361.9K | 479 | -0.01pp | 4q | HELD | |
| AMERICAN EXPRESS CO | AXP | $334.5K | 989 | flat | 7q | HELD | |
| ISHARES TR | IVV | $334.0K | 446 | flat | 8q | +4.2%+$13.5K | |
| MCDONALDS CORP | MCD | $301.7K | 1,116 | -0.02pp | 25q | -18.3%-$67.6K | |
| ORACLE CORP | ORCL | $300.5K | 2,050 | -0.01pp | 9q | HELD | |
| CARLISLE COS INC | CSL | $297.5K | 820 | flat | 13q | HELD | |
| CUMMINS INC | CMI | $294.6K | 413 | +0.01pp | 3q | HELD | |
| INVESCO QQQ TR | QQQ | $291.6K | 396 | flat | 4q | -16.1%-$56.0K | |
| CONOCOPHILLIPS | COP | $284.5K | 2,737 | -0.02pp | 6q | HELD | |
| VANGUARD WORLD FD | VIS | $280.4K | 778 | flat | 15q | HELD | |
| ISHARES TR | IWM | $272.8K | 908 | flat | 3q | -4.2%-$12.0K | |
| TESLA INC | TSLA | $270.9K | 644 | - | new | NEW | |
| UNITEDHEALTH GROUP INC | UNH | $254.6K | 612 | - | new | NEW | |
| VANGUARD WORLD FD | VFH | $245.2K | 1,863 | flat | 12q | HELD | |
| SCHWAB CHARLES CORP | SCHW | $243.5K | 2,639 | flat | 4q | HELD | |
| ISHARES TR | AGG | $242.4K | 2,449 | flat | 8q | +6.1%+$13.9K | |
| MUELLER INDS INC | MLI | $241.8K | 1,967 | flat | 3q | HELD | |
| WP CAREY INC | WPC | $234.6K | 3,281 | flat | 3q | HELD | |
| SPACE EXPLORATION TECHN CORP | SPCX | $222.5K | 1,302 | - | new | NEW | |
| ISHARES SILVER TR | SLV | $219.6K | 4,107 | -0.01pp | 3q | HELD | |
| VANGUARD MALVERN FDS | VTIP | $216.9K | 4,318 | flat | 2q | +7.6%+$15.3K | |
| DELTA AIR LINES INC | DAL | $215.8K | 2,303 | - | new | NEW | |
| BANK OF NY MELLON CORP | BNY | $214.0K | 1,480 | - | new | NEW | |
| EATON CORP PLC | ETN | $209.2K | 491 | - | new | NEW | |
| DIMENSIONAL ETF TRUST | DFIV | $202.7K | 3,752 | - | new | NEW | |
| ALTRIA GROUP INC | MO | $201.5K | 2,800 | - | new | NEW | |
| FORD MTR CO | F | $172.8K | 12,435 | flat | 6q | +0.9%+$1.5K | |
| GERON CORP | GERN | $20.4K | 15,959 | flat | 18q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Banks & Lending | $100.5M | 12.6% |
| Industrials | $72.5M | 9.1% |
| Energy | $64.2M | 8.1% |
| Autos & Aerospace | $43.4M | 5.4% |
| Biotech & Pharma | $43.1M | 5.4% |
| Retail & Consumer | $34.4M | 4.3% |
| Software & IT Services | $28.3M | 3.6% |
| Wholesale & Distribution | $26.9M | 3.4% |
| Medical Devices | $26.3M | 3.3% |
| Capital Markets | $23.8M | 3.0% |
| Food, Drink & Tobacco | $21.9M | 2.7% |
| Semiconductors & Electronics | $17.8M | 2.2% |
| Other sectors | $79.1M | 9.9% |
| Not classified | $214.3M | 26.9% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $796.5M | 110 | 13 | 48 | 17 | 3 | 35.8% | 20 |
| Q1 2026 | $697.4M | 100 | 3 | 34 | 15 | 5 | 38.9% | 27 |
| Q4 2025 | $646.8M | 102 | 11 | 36 | 23 | 6 | 40.9% | 40 |
| Q3 2025 | $628.3M | 97 | 13 | 52 | 15 | 3 | 40.2% | 35 |
| Q2 2025 | $571.9M | 87 | 5 | 40 | 12 | 4 | 41.8% | 31 |
| Q1 2025 | $527.4M | 86 | 9 | 39 | 13 | 2 | 40.8% | 8 |
| Q4 2024 | $496.2M | 79 | 6 | 33 | 19 | 1 | 43.5% | 31 |
| Q3 2024 | $504.9M | 74 | 4 | 32 | 10 | 4 | 43.9% | 4 |
| Q2 2024 | $426.2M | 74 | 7 | 29 | 9 | 3 | 41.6% | 12 |
| Q1 2024 | $414.2M | 70 | 8 | 39 | 7 | 1 | 41.8% | 11 |
| Q4 2023 | $367.6M | 63 | 6 | 23 | 10 | 1 | 42.1% | 10 |
| Q3 2023 | $334.2M | 58 | 3 | 27 | 13 | 4 | 42.8% | 5 |
| Q2 2023 | $345.1M | 59 | 5 | 37 | 5 | 4 | 40.7% | 11 |
| Q1 2023 | $322.8M | 58 | 1 | 29 | 6 | 0 | 40.0% | 18 |
| Q4 2022 | $319.8M | 57 | 3 | 25 | 10 | 1 | 39.4% | 13 |
| Q3 2022 | $268.1M | 55 | 2 | 34 | 7 | 2 | 41.6% | 13 |
| Q2 2022 | $278.8M | 55 | 0 | 32 | 9 | 7 | 41.0% | 13 |
| Q1 2022 | $307.0M | 62 | 3 | 37 | 2 | 2 | 41.2% | 11 |
| Q4 2021 | $292.3M | 61 | 5 | 32 | 7 | 0 | 41.6% | 20 |
| Q3 2021 | $264.4M | 56 | 0 | 15 | 15 | 0 | 41.0% | 13 |
| Q2 2021 | $265.5M | 56 | 6 | 29 | 9 | 2 | 41.0% | 16 |
| Q1 2021 | $233.5M | 52 | 4 | 27 | 13 | 1 | 43.8% | 20 |
| Q4 2020 | $208.1M | 49 | 4 | 18 | 13 | 1 | 44.9% | 19 |
| Q3 2020 | $185.9M | 46 | 0 | 18 | 14 | 0 | 46.8% | 13 |
| Q2 2020 | $173.6M | 46 | 4 | 23 | 10 | 2 | 45.1% | 10 |
| Q1 2020 | $138.5M | 44 | 4 | 20 | 11 | 5 | 47.4% | 17 |
| Q4 2019 | $169.2M | 45 | 0 | 19 | 13 | 1 | 47.2% | 24 |
| Q3 2019 | $155.2M | 46 | 0 | 21 | 11 | 2 | 46.3% | 17 |
| Q2 2019 | $149.1M | 48 | 3 | 18 | 13 | 0 | 46.4% | 17 |
| Q1 2019 | $144.2M | 45 | 4 | 21 | 8 | 2 | 46.1% | 22 |
| Q4 2018 | $121.1M | 43 | 0 | 0 | 0 | 0 | 48.9% | 32 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.