Location: Missoula, MT
CIK: 0001683182 · Show all filings
Period: Q2 2026 (← Previous)
Filing Date: Aug 14, 2026
Total Value: $881M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| LUMN | LUMEN TECHNOLOGIES INC | 12,171,321 | $93.48M | 10.6% | — | — | COM | 550241103 |
| CGNX | COGNEX CORP | 1,255,029 | $90.58M | 10.3% | — | — | COM | 192422103 |
| GE | GE AEROSPACE | 188,533 | $70.46M | 8.0% | — | — | COM | 369604301 |
| GEV | GE VERNOVA INC | 42,527 | $49.96M | 5.7% | — | — | COM | 36828A101 |
| MTW | MANITOWOC CO INC | 3,207,113 | $44.55M | 5.1% | — | — | COM | 563571405 |
| VOO | VANGUARD S&P 500 ETF | 61,985 | $42.57M | 4.8% | — | — | COM | 922908363 |
| LITE | LUMENTUM HLDGS INC | 43,038 | $36.93M | 4.2% | — | — | COM | 55024U109 |
| GLW | CORNING INC | 141,078 | $35.95M | 4.1% | — | — | COM | 219350105 |
| AZTA | AZENTA INC | 1,301,398 | $33.21M | 3.8% | — | — | COM | 114340102 |
| BRK/B | BERKSHIRE HATHAWAY INC CL B NEW | 61,247 | $30.82M | 3.5% | — | — | COM | 084670702 |
| COHR | COHERENT | 75,166 | $29.65M | 3.4% | — | — | COM | 19247G107 |
| BAX | BAXTER INTL INC | 1,319,992 | $28.14M | 3.2% | — | — | COM | 071813109 |
| IP | INTERNATIONAL PAPER COMPANY | 695,215 | $26.49M | 3.0% | — | — | COM | 460146103 |
| CIEN | CIENA CORPORATION | 47,975 | $23.53M | 2.7% | — | — | COM | 171779309 |
| HNI | HNI Corp | 580,610 | $23.46M | 2.7% | — | — | COM | 404251100 |
| DHR | DANAHER CORP DEL COM | 116,253 | $22.14M | 2.5% | — | — | COM | 235851102 |
| MOD | MODINE MANUFACTURING | 71,492 | $19.09M | 2.2% | — | — | COM | 607828100 |
| JOE | ST JOE CP COM | 271,931 | $17.03M | 1.9% | — | — | COM | 790148100 |
| ENOV | ENOVIS CORPORATION COM | 787,900 | $16.31M | 1.9% | — | — | COM | 194014502 |
| NUE | NUCOR CORP | 69,785 | $15.54M | 1.8% | — | — | COM | 670346105 |
| COST | COSTCO WHOLESALE CORP-NEW | 16,076 | $15.04M | 1.7% | — | — | COM | 22160K105 |
| ESAB | ESAB CORPORTAION COM | 151,745 | $14.97M | 1.7% | — | — | COM | 29605J106 |
| MLKN | MILLER KNOLL INC | 716,804 | $14.67M | 1.7% | — | — | COM | 600544100 |
| TEX | TEREX CORP NEW | 186,279 | $13.48M | 1.5% | — | — | COM | 880779103 |
| GPN | GLOBAL PAYMENTS INC | 92,822 | $6.735M | 0.8% | — | — | COM | 37940X102 |
| PH | PARKER-HANNIFIN CORP | 6,407 | $6.267M | 0.7% | — | — | COM | 701094104 |
| MKL | MARKEL GROUP INC COM | 2,854 | $5.649M | 0.6% | — | — | COM | 570535104 |
| VNT | VONTIER CORP | 175,070 | $5.077M | 0.6% | — | — | COM | 928881101 |
| GEHC | GE HEALTHCARE TECHNOLOGIES | 68,521 | $4.386M | 0.5% | — | — | COM | 36266G107 |
| AAPL | APPLE INC COM | 14,627 | $4.245M | 0.5% | — | — | COM | 037833100 |
| VLTO | VERALTO CORP | 40,804 | $3.618M | 0.4% | — | — | COM | 92338C103 |
| ATS | ATS CORP | 124,973 | $3.597M | 0.4% | — | — | COM | 00217Y104 |
| MSFT | MICROSOFT CORP | 9,485 | $3.587M | 0.4% | — | — | COM | 594918104 |
| CMCO | COLUMBUS MCKINNON CORP | 229,573 | $3.473M | 0.4% | — | — | COM | 199333105 |
| AMD | ADVANCED MICRO DEV | 4,275 | $2.255M | 0.3% | — | — | COM | 007903107 |
| PGR | PROGRESSIVE CORP | 8,647 | $2.043M | 0.2% | — | — | COM | 743315103 |
| PG | PROCTER & GAMBLE CO | 11,040 | $1.669M | 0.2% | — | — | COM | 742718109 |
| TILE | INTERFACE INC | 44,200 | $1.584M | 0.2% | — | — | COM | 458665304 |
| VTI | VANGUARD TOTAL STOCK MARKET ET | 3,797 | $1.405M | 0.2% | — | — | COM | 922908769 |
| EXPD | EXPEDITORS INTERNATIONAL OF WA | 8,330 | $1.358M | 0.2% | — | — | COM | 302130109 |
| THRM | GENTHERM INC | 38,440 | $1.311M | 0.1% | — | — | COM | 37253A103 |
| GOOG | ALPHABET INC CL C | 3,565 | $1.281M | 0.1% | — | — | COM | 02079K107 |
| NVDA | NVIDIA CORP COM | 6,078 | $1.215M | 0.1% | — | — | COM | 67066G104 |
| GOOGL | ALPHABET INC CAP STK CL A | 3,122 | $1.106M | 0.1% | — | — | COM | 02079K305 |
| SPY | State Street ETF/USA | 1,360 | $1.015M | 0.1% | — | — | COM | 78462F103 |
| GBCI | GLACIER BANCORP INC-NEW | 19,122 | $986K | 0.1% | — | — | COM | 37637Q105 |
| CALM | CAL MAINE FOODS INC | 8,740 | $746K | 0.1% | — | — | COM | 128030202 |
| CVX | CHEVRON CORPORATION | 3,401 | $564K | 0.1% | — | — | COM | 166764100 |
| BAC | BANK OF AMERICA CORP | 9,783 | $557K | 0.1% | — | — | COM | 060505104 |
| AMZN | AMAZON.COM INC COM | 2,273 | $547K | 0.1% | — | — | COM | 023135106 |
| TSLA | TESLA INC COM | 1,192 | $501K | 0.1% | — | — | COM | 88160R101 |
| JPM | JPMORGAN CHASE AND CO | 1,196 | $397K | 0.0% | — | — | COM | 46625H100 |
| KO | COCA COLA CO | 4,855 | $395K | 0.0% | — | — | COM | 191216100 |
| CSCO | CISCO SYSTEMS | 3,406 | $393K | 0.0% | — | — | COM | 17275R102 |
| PYPL | PAYPAL HOLDINGS | 8,590 | $391K | 0.0% | — | — | COM | 70450Y103 |
| CL | COLGATE PALMOLIVE CO | 4,119 | $378K | 0.0% | — | — | COM | 194162103 |
| IWM | ISHARES RUSSELL 2000 ETF | 1,251 | $376K | 0.0% | — | — | COM | 464287655 |
| ROL | ROLLINS INC | 8,382 | $350K | 0.0% | — | — | COM | 775711104 |
| XOM | EXXON MOBIL CORP | 2,464 | $340K | 0.0% | — | — | COM | 30231G102 |
| JNJ | JOHNSON AND JOHNSON | 1,279 | $328K | 0.0% | — | — | COM | 478160104 |
| NOC | NORTHROP GRUMMAN CORP COM | 628 | $320K | 0.0% | — | — | COM | 666807102 |
| RTX | RTX CORP | 1,613 | $306K | 0.0% | — | — | COM | 75513E101 |
| ETN | EATON CORP | 710 | $303K | 0.0% | — | — | COM | G29183103 |
| WFC | WELLS FARGO AND CO NEW | 2,988 | $248K | 0.0% | — | — | COM | 949746101 |
| QCOM | QUALCOMM INC | 1,329 | $246K | 0.0% | — | — | COM | 747525103 |
| VZ | VERIZON COMMUNICATIONS INC | 5,451 | $231K | 0.0% | — | — | COM | 92343V104 |
| AXP | AMER EXPRESS CO | 650 | $220K | 0.0% | — | — | COM | 025816109 |
| MRK | MERCK & CO INC | 1,695 | $218K | 0.0% | — | — | COM | 58933Y105 |
| VLO | VALERO ENERGY CORP | 781 | $203K | 0.0% | — | — | COM | 91913Y100 |
| ITW | ILLINOIS TOOL WKS | 500 | $135K | 0.0% | — | — | COM | 452308109 |