Dark
Light
System
Institutional Investment Manager
DAVIDSON INVESTMENT ADVISORS
DAVIDSON INVESTMENT ADVISORS (CIK: 0001140771) incorporated in Montana, located at 8 Third Street North, Great Falls, MT. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Original 13F HR (0001080107-16-000041) filed in 2016.11.14
#
Name
Shares
Value ($)
%
Options
Notes
451 PHILIP MORRIS INTL INC 165 16 0.00%
452 GRAINGER W W INC 75 16 0.00%
453 INNERWORKINGS INC 1,740 16 0.00%
454 COCA COLA CO 400 16 0.00%
455 NOVARTIS A G 205 16 0.00%
456 GLAXOSMITHKLINE PLC 380 16 0.00%
457 TWENTY FIRST CENTY FOX INC 680 16 0.00%
458 SANOFI 445 16 0.00%
459 NOVO-NORDISK A S 400 16 0.00%
460 GILDAN ACTIVEWEAR INC 550 15 0.00%
461 COSTCO WHSL CORP NEW 100 15 0.00%
462 REDWOOD TR INC 1,120 15 0.00%
463 CHIPOTLE MEXICAN GRILL INC 37 15 0.00%
464 KIMBERLY CLARK CORP 120 15 0.00%
465 WATERS CORP 100 15 0.00%
466 MICROCHIP TECHNOLOGY 255 15 0.00%
467 SCHLUMBERGER LTD 180 14 0.00%
468 COMCAST CORP NEW 215 14 0.00%
469 CARNIVAL CORP 295 14 0.00%
470 ZOETIS INC 276 14 0.00%
471 FEDEX CORP 85 14 0.00%
472 DOW CHEM CO 280 14 0.00%
473 NOVARTIS A G 180 14 0.00%
474 MARTIN MARIETTA MATLS INC 80 14 0.00%
475 USA Technologies Inc 2,550 14 0.00%
476 ISHARES RUSSELL 2000 VALUE ETF 137 14 0.00%
477 UNITED NATURAL FOODSINC 345 13 0.00%
478 GLACIER BANCORP INC NEW COM 490 13 0.00%
479 NEXTERA ENERGY INC 110 13 0.00%
480 BERKSHIRE HATHAWAY INC DEL 90 13 0.00%
481 LIVE NATION, INC. 500 13 0.00%
482 PROCTER AND GAMBLE CO 145 13 0.00%
483 CHUBB LIMITED 110 13 0.00%
484 AT&T INC 335 13 0.00%
485 STARBUCKS CORP 245 13 0.00%
486 WAL-MART STORES INC 180 12 0.00%
487 BAKER HUGHES INC 255 12 0.00%
488 HALYARD HEALTH INC 359 12 0.00%
489 GENUINE PARTS CO 125 12 0.00%
490 BEMIS INC 254 12 0.00%
491 MDU RES GROUP INC 445 11 0.00%
492 MAXIM INTEGR 265 10 0.00%
493 POTLATCHDELTIC CORPORATION 265 10 0.00%
494 CALAVO GROWERS INC COM 155 10 0.00%
495 VALSPAR CORP 100 10 0.00%
496 SELECT COMFORT CORP 480 10 0.00%
497 ALASKA AIR GROUP INC 165 10 0.00%
498 MARATHON OIL CORP 610 9 0.00%
499 LAS VEGAS SANDS CORP 170 9 0.00%
500 COLONY STARWOOD HOMES 329 9 0.00%
Page 10 of 11
Restatement filing (0001080107-16-000043) filed in 2016.11.18
#
Name
Shares
Value ($)
%
Options
Notes
1 MICROSOFT CORP 243,427 14,021 2.14%
2 APPLE INC 117,532 13,286 2.03%
3 ALPHABET INC 15,914 12,369 1.89%
4 JPMORGAN CHASE & CO 169,686 11,299 1.73%
5 GENERAL ELECTRIC CO 348,710 10,328 1.58%
6 CHEVRON CORP NEW 90,890 9,354 1.43%
7 PFIZER INC 273,985 9,279 1.42%
8 GILEAD SCIENCES INC 117,025 9,259 1.42%
9 STATE STR CORP 127,476 8,876 1.36%
10 JOHNSON & JOHNSON 74,853 8,842 1.35%
11 FLOWSERVE CORP 173,977 8,392 1.28%
12 STARWOOD PPTY TR INC COM 362,245 8,157 1.25%
13 MORGAN STANLEY 243,975 7,821 1.20%
14 SPROUTS FMRS MKT INC 373,235 7,707 1.18%
15 PEPSICO INC 69,712 7,582 1.16%
16 DEVON ENERGY CORP NEW 159,800 7,048 1.08%
17 UNITED PARCEL SERVICE INC 62,256 6,808 1.04%
18 NORDSTROM INC 131,087 6,800 1.04%
19 WELLS FARGO & CO NEW 145,869 6,459 0.99%
20 LEVEL 3 COMM 137,048 6,356 0.97%
21 FIRST REP BK SAN FRANCISCO C 82,150 6,334 0.97%
22 MICROSOFT CORP 106,223 6,118 0.94%
23 APPLE INC 52,030 5,881 0.90%
24 MICROCHIP TECHNOLOGY 91,549 5,688 0.87%
25 PHILIP MORRIS INTL INC 56,888 5,530 0.85%
26 FLEETMATICS GROUP PLC 86,910 5,212 0.80%
27 SCHLUMBERGER LTD 65,088 5,118 0.78%
28 ALPHABET INC 6,562 5,100 0.78%
29 CARNIVAL CORP 103,111 5,033 0.77%
30 JPMORGAN CHASE & CO 74,172 4,939 0.76%
31 ZOETIS INC 94,510 4,915 0.75%
32 COMCAST CORP NEW 73,976 4,907 0.75%
33 MARTIN MARIETTA MATLS INC 27,044 4,843 0.74%
34 GENERAL ELECTRIC CO 163,340 4,838 0.74%
35 WAL-MART STORES INC 64,654 4,662 0.71%
36 JOHNSON & JOHNSON 37,607 4,442 0.68%
37 PEPSICO INC 39,838 4,333 0.66%
38 LABORATORY CORP AMER HLDGS 31,001 4,262 0.65%
39 PFIZER INC 125,750 4,259 0.65%
40 D R HORTON INC 140,751 4,250 0.65%
41 FORTINET INC 114,765 4,238 0.65%
42 SEMPRA ENERGY 39,259 4,208 0.64%
43 CHEVRON CORP NEW 40,842 4,203 0.64%
44 INTUIT 37,665 4,143 0.63%
45 TWENTY FIRST CENTY FOX INC 165,832 4,016 0.61%
46 CISCO SYS INC 124,320 3,943 0.60%
47 MAXIM INTEGR 96,630 3,858 0.59%
48 ALASKA AIR GROUP INC 58,206 3,833 0.59%
49 MDU RES GROUP INC 148,650 3,781 0.58%
50 NIELSEN HLDGS PLC 69,985 3,749 0.57%
Page 1 of 11