Allied Investment Advisors 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M CO	COM	88579Y101	3,498	25,628	SH		SOLE		25,628	0	0
AAON INC	COM PAR $0.004	000360206	1,203	24,895	SH		SOLE		24,895	0	0
ABBOTT LABS	COM	002824100	4,839	61,324	SH		SOLE		61,324	0	0
APPLE INC	COM	037833100	6,559	25,794	SH		SOLE		25,794	0	0
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	544	2	SH		SOLE		2	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	363	1,988	SH		SOLE		1,988	0	0
BK OF AMERICA CORP	COM	060505104	238	11,225	SH		SOLE		11,225	0	0
CATERPILLAR INC DEL	COM	149123101	4,347	37,458	SH		SOLE		37,458	0	0
CHEVRON CORP NEW	COM	166764100	3,693	50,962	SH		SOLE		50,962	0	0
CONTINENTAL RES INC	COM	212015101	108	14,165	SH		SOLE		14,165	0	0
DEERE & CO	COM	244199105	3,744	27,101	SH		SOLE		27,101	0	0
DNP SELECT INCOME FD	COM	23325P104	157	15,994	SH		SOLE		15,994	0	0
EMERSON ELEC CO	COM	291011104	3,353	70,373	SH		SOLE		70,373	0	0
EXXON MOBIL CORP	COM	30231G102	3,469	91,363	SH		SOLE		91,363	0	0
FEDEX CORP	COM	31428X106	3,335	27,506	SH		SOLE		27,506	0	0
FIRST INTST BANCSYSTEM INC	COM CL A	32055Y201	279	9,667	SH		SOLE		9,667	0	0
GLACIER BANCORP INC NEW	COM	37637Q105	341	10,034	SH		SOLE		10,034	0	0
HOME DEPOT INC	COM	437076102	461	2,470	SH		SOLE		2,470	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	3,583	32,302	SH		SOLE		32,302	0	0
INVESCO EXCHANGE-TRADED FD T	S&P500 LOW VOL	46138E354	616	13,120	SH		SOLE		13,120	0	0
JOHNSON & JOHNSON	COM	478160104	5,137	39,174	SH		SOLE		39,174	0	0
JPMORGAN CHASE & CO	COM	46625H100	4,465	49,592	SH		SOLE		49,592	0	0
KIMBERLY CLARK CORP	COM	494368103	4,539	35,500	SH		SOLE		35,500	0	0
LOWES COS INC	COM	548661107	4,449	51,698	SH		SOLE		51,698	0	0
MEDTRONIC PLC	SHS	G5960L103	4,705	52,170	SH		SOLE		52,170	0	0
MICROSOFT CORP	COM	594918104	10,440	66,196	SH		SOLE		66,196	0	0
PEPSICO INC	COM	713448108	4,140	34,471	SH		SOLE		34,471	0	0
PROCTER & GAMBLE CO	COM	742718109	4,759	43,264	SH		SOLE		43,264	0	0
PROSHARES TR	S&P 500 DV ARIST	74348A467	1,145	19,850	SH		SOLE		19,850	0	0
RAYTHEON CO	COM NEW	755111507	3,604	38,211	SH		SOLE		38,211	0	0
ROYAL DUTCH SHELL PLC	SPON ADR B	780259107	3,432	105,092	SH		SOLE		105,092	0	0
SM ENERGY CO	COM	78454L100	15	11,980	SH		SOLE		11,980	0	0
STARBUCKS CORP	COM	855244109	439	6,676	SH		SOLE		6,676	0	0
STATE STR CORP	COM	857477103	3,308	62,097	SH		SOLE		62,097	0	0
SYSCO CORP	COM	871829107	3,596	78,802	SH		SOLE		78,802	0	0
TARGET CORP	COM	87612E106	4,053	43,595	SH		SOLE		43,595	0	0
TOTAL S.A.	SPONSORED ADS	89151E109	3,181	85,417	SH		SOLE		85,417	0	0
US BANCORP DEL	COM NEW	902973304	3,158	91,660	SH		SOLE		91,660	0	0
VANGUARD WORLD FDS	CONSUM STP ETF	92204A207	412	2,988	SH		SOLE		2,988	0	0
VANGUARD WORLD FDS	ENERGY ETF	92204A306	772	20,205	SH		SOLE		20,205	0	0
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	15,357	92,461	SH		SOLE		92,461	0	0
VANGUARD WORLD FDS	INF TECH ETF	92204A702	534	2,520	SH		SOLE		2,520	0	0
WALMART INC	COM	931142103	4,861	42,785	SH		SOLE		42,785	0	0
WELLS FARGO CO NEW	COM	949746101	3,254	113,397	SH		SOLE		113,397	0	0