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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
351 WADDELL & REED FINL INC 5,664 102 0.02%
352 WELLS FARGO & CO NEW 2,265 100 0.02%
353 POTLATCHDELTIC CORPORATION 2,540 98 0.01%
354 FIRST REP BK SAN FRANCISCO C 1,260 97 0.01%
355 LAS VEGAS SANDS CORP 1,645 94 0.01%
356 AT&T INC 2,250 91 0.01%
357 CHIMERA INVT CORP 5,728 91 0.01%
358 PHILLIPS 66 1,132 91 0.01%
359 COLONY STARWOOD HOMES 3,152 90 0.01%
360 VISA INC 1,020 84 0.01%
361 ALLIANCE DATA SYSTEMS CORP 396 84 0.01%
362 D R HORTON INC 2,765 83 0.01%
363 TOYOTA MOTOR CORP 695 80 0.01%
364 ISHARES TR 723 79 0.01%
365 ISHARES TR 504 77 0.01%
366 SHIRE PLC 384 74 0.01%
367 CHARTER COMMUNICATIONS INC N 275 74 0.01%
368 MOSAIC CO NEW 3,005 73 0.01%
369 BERKSHIRE HATHAWAY INC DEL 500 72 0.01%
370 PNC FINL SVCS GROUP INC 791 71 0.01%
371 BRISTOL MYERS SQUIBB CO 1,300 70 0.01%
372 CONAGRA BRANDS INC 1,500 70 0.01%
373 VULCAN MATLS CO 580 65 0.01%
374 ALTRIA GROUP INC 1,000 63 0.01%
375 AMAZON COM INC 75 62 0.01%
376 HCP INC 1,622 61 0.01%
377 ALPHABET INC 72 57 0.01%
378 BAXTER INTL INC 1,203 57 0.01%
379 BARCLAYS BK PLC 411 54 0.01%
380 WEYERHAEUSER CO 1,683 53 0.01%
381 TEXTRON INC 1,000 39 0.01%
382 ABBVIE INC 625 39 0.01%
383 AMERICAN EXPRESS CO 608 38 0.01%
384 WALGREENS BOOTS ALLIANCE INC 450 36 0.01%
385 MCDONALDS CORP 300 34 0.01%
386 VENTAS INC 471 33 0.01%
387 CBS CORP NEW 600 32 0.00%
388 FLEETMATICS GROUP PLC 520 31 0.00%
389 CORNING INC 1,275 30 0.00%
390 NORTHWEST NAT GAS CO 500 30 0.00%
391 ZIMMER BIOMET HLDGS INC 235 30 0.00%
392 REALPAGE INC COM 1,140 29 0.00%
393 XILINX INC 525 28 0.00%
394 ISHARES TR 266 28 0.00%
395 ECOLAB INC 225 27 0.00%
396 BANK MONTREAL QUE 426 27 0.00%
397 TEVA PHARMACEUTICAL INDS LTD 575 26 0.00%
398 PFIZER INC 776 26 0.00%
399 DOW CHEM CO 500 25 0.00%
400 SEMPRA ENERGY 235 25 0.00%
Page 8 of 11