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Allied Investment Advisors, LLC

CIK:0001729869
Investment Adviser
$1B AUM
87 holdings
Billings, MT, United States
Founded:2011
12 employees
Latest filing:Jun 30, 2025

Allied Investment Advisors, LLC is a registered investment advisory firm headquartered in Billings, Montana. Founded in 2011, the firm provides fee-based fiduciary investment management primarily for individuals (including high net worth), pension and profit-sharing plans, and charitable organizations. The company is led by partners including Gary Lucas, Bart Aby, Dan Kelly, and Eric Vermulm. Allied employs approximately 10-12 professionals, of which the majority are investment advisers. The firm serves clients primarily in the United States, focusing on both personal wealth management and institutional asset services.

Investment Strategy

Allied Investment Advisors uses a fee-based, fiduciary approach to managing client portfolios, with a focus on long-term wealth growth for individuals, businesses, and foundations. The firm customizes investment strategies to meet individual client goals and risk profiles, relying on disciplined, research-driven portfolio management. Their portfolio construction tends to emphasize diversification and prudent risk management, and they maintain a simple, transparent fee structure to align with client interests. The firm manages investments across various asset classes, including equities and fixed income, and serves both individual and institutional investors.

Top Buys
A
AAONAAON INC COM PAR $0.004
+$8.9M
M
MSFTMICROSOFT CORP COM
+$7.5M
G
GSGOLDMAN SACHS GROUP INC COM
+$3.6M
J
JPMJPMORGAN CHASE & CO. COM
+$2.9M
C
CATCATERPILLAR INC COM
+$2.8M
Top Sells
C
CVXCHEVRON CORP NEW COM
-$1.4M
A
AAPLAPPLE INC COM
-$1.0M
X
XOMEXXON MOBIL CORP COM
-$984.7K
K
KMBKIMBERLY-CLARK CORP COM
-$747.2K
J
JNJJOHNSON & JOHNSON COM
-$707.1K

Top Holdings

S
SCHDSCHWAB US DIVIDEND EQUITY ETF
+7.6%$43.3M
V
VHTVANGUARD HEALTH CARE ETF
+6.7%$38.5M
M
MSFTMICROSOFT CORP COM
+5.4%$31.0M
V
VPUVANGUARD UTILITIES ETF
+4.3%$24.5M
J
JPMJPMORGAN CHASE & CO. COM
+3.5%$20.1M

Equity Positions (87)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
S
SCHD
SCHWAB US DIVIDEND EQUITY ETF7.56%$43.3M1,632,590$28.05$26.50+$448.0K
V
VHT
VANGUARD HEALTH CARE ETF6.73%$38.5M154,915$196.56$248.34-$319.0K
M
MSFT
MICROSOFT CORP COM5.42%$31.0M62,277$108.61$497.41+$7.5M
V
VPU
VANGUARD UTILITIES ETF4.28%$24.5M138,765$132.81$176.51+$1.1M
J
JPM
JPMORGAN CHASE & CO. COM3.52%$20.1M69,418$113.60$289.91+$2.9M

Industry Allocation

NATIONAL COMMERCIAL BANKS
+10.9%
PHARMACEUTICAL PREPARATIONS
+5.6%
SERVICES-PREPACKAGED SOFTWARE
+5.5%
ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP)
+4.4%
PETROLEUM REFINING
+4.3%