Loudon Investment Management LLC trimmed its stake in Fastenal ( NASDAQ:FAST – Free Report ) by 0.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 85,810 shares of the company's stock after selling 600 shares during the quarter. Fastenal accounts for 3.2% of Loudon Investment Management LLC's portfolio, making the stock its 5th largest position. Loudon Investment Management LLC's holdings in Fastenal were worth $4,629,000 as of its most recent SEC filing.

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