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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
151 BECTON DICKINSON & CO 6,522 1,172 0.18%
152 SCHLUMBERGER LTD 14,870 1,169 0.18%
153 LEVEL 3 COMM 25,055 1,162 0.18%
154 MOSAIC CO NEW 47,365 1,158 0.18%
155 FIRST REP BK SAN FRANCISCO C 15,010 1,157 0.18%
156 TWENTY FIRST CENTY FOX INC 47,045 1,139 0.17%
157 PRINCIPAL FIN GROUP 21,674 1,116 0.17%
158 CARNIVAL CORP 22,565 1,101 0.17%
159 AMGEN INC 6,583 1,098 0.17%
160 EXPRESS SCRIPTS HLDG CO 15,521 1,094 0.17%
161 CELGENE CORP 10,415 1,088 0.17%
162 COMCAST CORP NEW 16,365 1,085 0.17%
163 Silicon Laboratories Inc 18,145 1,066 0.16%
164 ZOETIS INC 20,305 1,056 0.16%
165 MARTIN MARIETTA MATLS INC 5,860 1,049 0.16%
166 CHURCH & DWIGHT 21,728 1,041 0.16%
167 BUFFALO WILD WINGS INC 7,233 1,017 0.16%
168 WAL-MART STORES INC 13,935 1,004 0.15%
169 ISHARES TR 18,000 992 0.15%
170 PRAXAIR INC 7,993 965 0.15%
171 ISHARES TR 8,698 957 0.15%
172 ORACLE CORP 24,266 953 0.15%
173 NIKE INC 17,306 911 0.14%
174 BAXTER INTL INC 19,048 906 0.14%
175 ALPHABET INC 1,148 892 0.14%
176 REDWOOD TR INC 62,083 879 0.13%
177 MAXIM INTEGR 21,680 865 0.13%
178 WATERS CORP 5,405 856 0.13%
179 FEDEX CORP 4,890 854 0.13%
180 MARATHON OIL CORP 53,747 849 0.13%
181 MDU RES GROUP INC 33,200 844 0.13%
182 CHIPOTLE MEXICAN GRILL INC 1,956 828 0.13%
183 ALASKA AIR GROUP INC 12,510 823 0.13%
184 D R HORTON INC 27,175 820 0.13%
185 GILDAN ACTIVEWEAR INC 29,065 812 0.12%
186 FLEETMATICS GROUP PLC 13,522 811 0.12%
187 APPLE INC 7,124 805 0.12%
188 FLEETMATICS GROUP PLC 13,160 789 0.12%
189 JPMORGAN CHASE & CO 11,603 772 0.12%
190 POTLATCHDELTIC CORPORATION 19,685 765 0.12%
191 LAS VEGAS SANDS CORP 12,865 740 0.11%
192 SPROUTS FMRS MKT INC 35,536 733 0.11%
193 BAKER HUGHES INC 14,089 711 0.11%
194 GILEAD SCIENCES INC 8,923 705 0.11%
195 MICROSOFT CORP 12,094 696 0.11%
196 COLONY STARWOOD HOMES 24,239 695 0.11%
197 LABORATORY CORP AMER HLDGS 4,887 671 0.10%
198 LABORATORY CORP AMER HLDGS 4,856 667 0.10%
199 FORTINET INC 17,913 661 0.10%
200 ALLIANCE DATA SYSTEMS CORP 3,060 656 0.10%
Page 4 of 11
Restatement filing (0001080107-16-000043) filed in 2016.11.18
#
Name
Shares
Value ($)
%
Options
Notes
1 3M CO 100 17 0.00%
2 3M CO 2,613 460 0.07%
3 3M CO 16,760 2,953 0.45%
4 3M CO 2,601 458 0.07%
5 3M CO 8,225 1,449 0.22%
6 ABBOTT LABS 10,192 431 0.07%
7 ABBVIE INC 10,137 639 0.10%
8 ABBVIE INC 625 39 0.01%
9 ALASKA AIR GROUP INC 165 10 0.00%
10 ALASKA AIR GROUP INC 1,690 111 0.02%
11 ALASKA AIR GROUP INC 12,510 823 0.13%
12 ALASKA AIR GROUP INC 26,955 1,775 0.27%
13 ALASKA AIR GROUP INC 58,206 3,833 0.59%
14 ALLEGHENY TECHNOLOGIES INC 235 4 0.00%
15 ALLIANCE DATA SYSTEMS CORP 6,119 1,312 0.20%
16 ALLIANCE DATA SYSTEMS CORP 13,987 3,000 0.46%
17 ALLIANCE DATA SYSTEMS CORP 396 84 0.01%
18 ALLIANCE DATA SYSTEMS CORP 41 8 0.00%
19 ALLIANCE DATA SYSTEMS CORP 3,060 656 0.10%
20 ALPHABET INC 72 57 0.01%
21 ALPHABET INC 289 224 0.03%
22 ALPHABET INC 1,908 1,534 0.23%
23 ALPHABET INC 15,914 12,369 1.89%
24 ALPHABET INC 6,562 5,100 0.78%
25 ALPHABET INC 1,148 892 0.14%
26 ALPHABET INC 3,027 2,352 0.36%
27 ALPHABET INC 207 166 0.03%
28 ALPHABET INC 705 566 0.09%
29 ALPHABET INC 3,719 2,990 0.46%
30 ALTRIA GROUP INC 1,000 63 0.01%
31 AMAZON COM INC 75 62 0.01%
32 AMERICAN ELEC PWR INC 1,690 108 0.02%
33 AMERICAN EXPRESS CO 608 38 0.01%
34 AMGEN INC 6,583 1,098 0.17%
35 AMGEN INC 110 18 0.00%
36 AMGEN INC 2,971 495 0.08%
37 AMGEN INC 2,950 492 0.08%
38 AMGEN INC 19,211 3,204 0.49%
39 APACHE CORP 4,103 262 0.04%
40 APPLE INC 117,532 13,286 2.03%
41 APPLE INC 2,336 264 0.04%
42 APPLE INC 52,030 5,881 0.90%
43 APPLE INC 7,124 805 0.12%
44 APPLE INC 22,679 2,563 0.39%
45 AT&T INC 335 13 0.00%
46 AT&T INC 2,250 91 0.01%
47 ATHENA HEALTH INC. 30 3 0.00%
48 BAKER HUGHES INC 6,731 339 0.05%
49 BAKER HUGHES INC 43,419 2,191 0.34%
50 BAKER HUGHES INC 14,089 711 0.11%
Page 1 of 11