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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
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
Restatement filing (0001080107-16-000043) filed in 2016.11.18
#
Name
Shares
Value ($)
%
Options
Notes
201 SEMPRA ENERGY 6,119 655 0.10%
202 SEMPRA ENERGY 6,110 654 0.10%
203 FORTINET INC 17,695 653 0.10%
204 ABBVIE INC 10,137 639 0.10%
205 INTUIT 5,782 636 0.10%
206 INTUIT 5,783 636 0.10%
207 TWENTY FIRST CENTY FOX INC 26,280 636 0.10%
208 STARWOOD PPTY TR INC COM 28,114 633 0.10%
209 STATE STR CORP 9,047 629 0.10%
210 DISNEY WALT CO 6,700 622 0.10%
211 CISCO SYS INC 19,270 611 0.09%
212 CISCO SYS INC 19,238 610 0.09%
213 SHIRE PLC 3,136 607 0.09%
214 LEVEL 3 COMM 13,045 605 0.09%
215 PEPSICO INC 5,410 588 0.09%
216 NIELSEN HLDGS PLC 10,970 587 0.09%
217 NIELSEN HLDGS PLC 10,935 585 0.09%
218 TWENTY FIRST CENTY FOX INC 24,115 584 0.09%
219 DICKS SPORTING GOODS INC 10,181 577 0.09%
220 INTERPUBLIC GROUP COS INC 25,770 575 0.09%
221 DEVON ENERGY CORP NEW 12,984 572 0.09%
222 DICKS SPORTING GOODS INC 10,080 571 0.09%
223 WELLS FARGO & CO NEW 12,799 566 0.09%
224 ALPHABET INC 705 566 0.09%
225 BECTON DICKINSON & CO 3,147 565 0.09%
226 DU PONT E I DE NEMOURS & CO 8,342 558 0.09%
227 BECTON DICKINSON & CO 3,110 558 0.09%
228 DU PONT E I DE NEMOURS & CO 8,331 557 0.09%
229 INTERPUBLIC GROUP COS INC 24,900 556 0.09%
230 FIRST REP BK SAN FRANCISCO C 7,190 554 0.08%
231 GENERAL DYNAMICS CORP 3,533 548 0.08%
232 EATON CORP PLC 8,334 547 0.08%
233 PRINCIPAL FIN GROUP 10,568 544 0.08%
234 EATON CORP PLC 8,237 541 0.08%
235 MOSAIC CO NEW 22,145 541 0.08%
236 PRINCIPAL FIN GROUP 10,500 540 0.08%
237 FLOWSERVE CORP 11,180 539 0.08%
238 CELGENE CORP 5,075 530 0.08%
239 EXPRESS SCRIPTS HLDG CO 7,451 525 0.08%
240 EXPRESS SCRIPTS HLDG CO 7,454 525 0.08%
241 CELGENE CORP 5,010 523 0.08%
242 Silicon Laboratories Inc 8,700 511 0.08%
243 MORGAN STANLEY 15,914 510 0.08%
244 GENERAL ELECTRIC CO 17,144 507 0.08%
245 HOME DEPOT INC 3,915 503 0.08%
246 UNITED TECHNOLOGIES CORP 4,923 500 0.08%
247 CHURCH & DWIGHT 10,388 497 0.08%
248 CHURCH & DWIGHT 10,359 496 0.08%
249 AMGEN INC 2,971 495 0.08%
250 BUFFALO WILD WINGS INC 3,504 493 0.08%
Page 5 of 11