CONFLUENCE INVESTMENT MANAGEMENT LLC
Holdings as of 2026-06-30, filed 2026-07-01
This is history, not a current position. These holdings describe 2026-06-30, and the report became public 1 days later. The portfolio has changed since.
Aggregates
computed from the positions belowPositions reported
422
Value reported by manager
$6.4B
Sum of our stored positions
$6.4B
should match the line above
Disclosure lag
1 d
quarter end to filing
Top 5 concentration
14.0%
of the positions shown
New positions
0
vs previous quarter
Exited
0
vs previous quarter
Option positions
0
puts and calls
Positions
200 largest shown| Issuer | Class | Value | Shares | Type | CUSIP |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bon | COM | $279.8M | 2,779,435 | — | 46436E718 |
| Snap-on Inc. | COM | $167.3M | 415,835 | — | 833034101 |
| Chubb Ltd. | COM | $156.5M | 459,243 | — | H1467J104 |
| Linde plc | COM | $140M | 269,846 | — | G54950103 |
| WEC Energy Group Inc. | COM | $138.7M | 1,187,550 | — | 92939U106 |
| Fastenal Co. | COM | $135.5M | 2,820,667 | — | 311900104 |
| Entergy Corp. | COM | $132.3M | 1,152,135 | — | 29364G103 |
| Lockheed Martin Corp. | COM | $131.3M | 257,713 | — | 539830109 |
| Southern Co. | COM | $130.8M | 1,366,140 | — | 842587107 |
| Stanley Black & Decker Inc. | COM | $126.4M | 1,342,667 | — | 854502101 |
| Chevron Corp. | COM | $122.8M | 740,684 | — | 166764100 |
| Progressive Corp. | COM | $121.3M | 555,364 | — | 743315103 |
| Clorox Co. | COM | $118.7M | 1,243,853 | — | 189054109 |
| Mondelez International Inc. | COM | $117.9M | 2,037,840 | — | 609207105 |
| Analog Devices Inc. | COM | $116.2M | 292,516 | — | 032654105 |
| Hershey Co. | COM | $115.9M | 660,643 | — | 427866108 |
| Northern Trust Corp. | COM | $114.4M | 658,062 | — | 665859104 |
| Colgate-Palmolive Co. | COM | $110.6M | 1,205,994 | — | 194162103 |
| Home Depot Inc. | COM | $109.4M | 310,299 | — | 437076102 |
| Kinder Morgan Inc. | COM | $107.3M | 3,356,707 | — | 49456B101 |
| T. Rowe Price Group Inc. | COM | $106.2M | 933,726 | — | 74144T108 |
| Gilead Sciences Inc. | COM | $104.8M | 829,576 | — | 375558103 |
| U.S. Bancorp | COM | $104.4M | 1,729,011 | — | 902973304 |
| American Water Works Co. Inc. | COM | $102.3M | 777,852 | — | 030420103 |
| Cisco Systems Inc. | COM | $98.5M | 838,780 | — | 17275R102 |
| Paychex Inc. | COM | $93.4M | 949,609 | — | 704326107 |
| Fidelity National Financial In | COM | $89.7M | 1,901,862 | — | 31620R303 |
| Nordson Corp. | COM | $84.6M | 280,319 | — | 655663102 |
| SPDR Portfolio Mortgage Backed | COM | $75.2M | 3,370,501 | — | 78464A383 |
| SPDR Portfolio Developed World | COM | $74.7M | 1,481,733 | — | 78463X889 |
| W. R. Berkley Corp. | COM | $72.6M | 1,028,850 | — | 084423102 |
| Broadridge Financial Solutions | COM | $71.3M | 520,920 | — | 11133T103 |
| Mastercard Inc. | COM | $69.9M | 136,122 | — | 57636Q104 |
| SPDR Portfolio S&P 500 Growth | COM | $68.2M | 573,244 | — | 78464A409 |
| Stryker Corp. | COM | $66.6M | 211,395 | — | 863667101 |
| SPDR Portfolio S&P 500 Value E | COM | $63.6M | 1,046,532 | — | 78464A508 |
| Masco Corp. | COM | $62.5M | 767,704 | — | 574599106 |
| Diageo plc | COM | $62.2M | 773,347 | — | 25243Q205 |
| TJX Co. Inc. | COM | $61.5M | 405,636 | — | 872540109 |
| Air Products and Chemicals Inc | COM | $59.4M | 202,637 | — | 009158106 |
| Ares Capital Corp. | COM | $58.7M | 3,165,402 | — | 04010L103 |
| S&P Global Inc. | COM | $57.5M | 141,186 | — | 78409V104 |
| Honeywell International Inc. | COM | $53.6M | 239,600 | — | 438516205 |
| Microsoft Corp. | COM | $53.1M | 142,346 | — | 594918104 |
| Honeywell Aerospace Inc. | COM | $53.1M | 240,095 | — | 43849R105 |
| Illinois Tool Works Inc. | COM | $52.1M | 192,803 | — | 452308109 |
| Dow Inc. | COM | $50.4M | 1,842,813 | — | 260557103 |
| Paycom Software Inc. | COM | $46.8M | 372,405 | — | 70432V102 |
| Thermo Fisher Scientific Inc. | COM | $46.3M | 92,406 | — | 883556102 |
| Berkshire Hathaway Inc. - B | COM | $43.1M | 86,200 | — | 084670702 |
| Accenture plc | COM | $42.4M | 340,644 | — | G1151C101 |
| NXP Semiconductors N.V. | COM | $42.4M | 150,728 | — | N6596X109 |
| Lowe's Co. Inc. | COM | $42.4M | 192,103 | — | 548661107 |
| SPDR Gold MiniShares Trust ETF | COM | $41.5M | 522,221 | — | 98149E303 |
| Graco Inc. | COM | $41.4M | 547,342 | — | 384109104 |
| Alphabet Inc. | COM | $40.6M | 114,950 | — | 02079K107 |
| Booking Holdings Inc. | COM | $34.6M | 194,363 | — | 09857L108 |
| Carrier Global Corp. | COM | $34.5M | 470,257 | — | 14448C104 |
| iShares Barclays 10-20 Year Tr | COM | $33.7M | 335,581 | — | 464288653 |
| Zoetis Inc. | COM | $33.4M | 464,858 | — | 98978V103 |
| Arch Capital Group Ltd. | COM | $32.3M | 333,144 | — | G0450A105 |
| Brown-Forman Corp. - B | COM | $30.6M | 1,147,496 | — | 115637209 |
| Martin Marietta Materials Inc. | COM | $30M | 52,095 | — | 573284106 |
| iShares MBS ETF | COM | $28.7M | 303,528 | — | 464288588 |
| iShares iBonds Dec 2035 Term T | COM | $26.2M | 1,044,548 | — | 46438G422 |
| Morningstar Inc. | COM | $25.8M | 165,493 | — | 617700109 |
| Brown & Brown Inc. | COM | $24.7M | 384,292 | — | 115236101 |
| iShares iBonds Dec 2034 Term T | COM | $24.5M | 965,101 | — | 46438G646 |
| Expeditors International of Wa | COM | $24.2M | 148,269 | — | 302130109 |
| iShares iBonds Dec 2033 Term T | COM | $23.9M | 988,431 | — | 46436E148 |
| General Dynamics Corp. | COM | $23.4M | 65,990 | — | 369550108 |
| Ecolab Inc. | COM | $23.3M | 83,581 | — | 278865100 |
| Toro Co. | COM | $22.8M | 233,646 | — | 891092108 |
| Keysight Technologies Inc. | COM | $22.5M | 64,329 | — | 49338L103 |
| Donaldson Co. Inc. | COM | $22.2M | 247,292 | — | 257651109 |
| iShares iBonds Dec 2031 Term T | COM | $22.2M | 1,098,504 | — | 46436E460 |
| Constellation Brands | COM | $22.1M | 159,196 | — | 21036P108 |
| New Jersey Resources Corp. | COM | $21.7M | 387,609 | — | 646025106 |
| Sherwin-Williams Co. | COM | $21.4M | 62,256 | — | 824348106 |
| RLI Corp. | COM | $21.3M | 359,876 | — | 749607107 |
| Amphenol Corp. | COM | $21M | 118,987 | — | 032095101 |
| Charles River Laboratories Int | COM | $20.5M | 90,354 | — | 159864107 |
| AptarGroup Inc. | COM | $20.1M | 160,935 | — | 038336103 |
| SPDR S&P Dividend ETF | COM | $20.1M | 132,231 | — | 78464A763 |
| EOG Resources Inc. | COM | $20M | 154,361 | — | 26875P101 |
| A. O. Smith Corp. | COM | $19.6M | 312,013 | — | 831865209 |
| ResMed Inc. | COM | $18.3M | 94,086 | — | 761152107 |
| McDonald's Corp. | COM | $17.8M | 65,853 | — | 580135101 |
| Trex Company Inc. | COM | $17.5M | 350,539 | — | 89531P105 |
| iShares Core MSCI Europe ETF | COM | $17.2M | 229,101 | — | 46434V738 |
| Procter & Gamble Co. | COM | $17.1M | 116,816 | — | 742718109 |
| iShares iBonds Dec 2032 Term T | COM | $16.7M | 735,847 | — | 46436E296 |
| Dollar Tree Inc. | COM | $16M | 132,321 | — | 256746108 |
| Global X Defense Tech ETF | COM | $15.7M | 262,805 | — | 37960A529 |
| Valvoline Inc. | COM | $15.5M | 392,002 | — | 92047W101 |
| Medtronic plc | COM | $15.3M | 195,240 | — | G5960L103 |
| Becton Dickinson & Co. | COM | $13.6M | 89,902 | — | 075887109 |
| Avantis International Small Ca | COM | $12.9M | 125,621 | — | 025072802 |
| State Street Energy Select Sec | COM | $12.2M | 230,489 | — | 81369Y506 |
| NIKE Inc. | COM | $11.5M | 279,383 | — | 654106103 |
| Walt Disney Co. | COM | $10.8M | 111,798 | — | 254687106 |
| Vontier Corp. | COM | $10.5M | 361,370 | — | 928881101 |
| Dimensional National Municipal | COM | $9.2M | 189,628 | — | 25434V849 |
| iShares MSCI Global Metals & M | COM | $8.8M | 152,068 | — | 46434G848 |
| Copart Inc. | COM | $8.2M | 289,680 | — | 217204106 |
| Floor & Decor Holdings Inc. | COM | $7.7M | 130,016 | — | 339750101 |
| Invesco BulletShares 2034 Muni | COM | $7.5M | 303,465 | — | 46139W767 |
| JBT Marel Corp. | COM | $7.1M | 49,223 | — | 477839104 |
| Ryan Specialty Group | COM | $7.1M | 187,101 | — | 78351F107 |
| Vanguard FTSE Pacific Index Fu | COM | $7M | 60,424 | — | 922042866 |
| SPDR S&P 500 ETF | COM | $6.7M | 8,922 | — | 78462F103 |
| iShares iBonds Dec 2030 Term T | COM | $6.3M | 322,898 | — | 46436E593 |
| Invesco BulletShares 2031 Muni | COM | $6.1M | 290,826 | — | 46138J411 |
| Stevanato Group S.p.A. | COM | $5.9M | 328,866 | — | T9224W109 |
| Invesco Bulletshares 2033 Muni | COM | $5.7M | 220,399 | — | 46139W791 |
| VanEck Gold Miners ETF | COM | $5.3M | 70,315 | — | 92189F106 |
| Invesco BulletShares 2035 Muni | COM | $5.3M | 206,255 | — | 46138J353 |
| TripAdvisor Inc. | COM | $5.1M | 369,734 | — | 896945201 |
| Invesco BulletShares 2032 Munc | COM | $5M | 197,253 | — | 46139W833 |
| i3 Verticals Inc. | COM | $4.8M | 225,913 | — | 46571Y107 |
| Vail Resorts Inc. | COM | $4.6M | 33,436 | — | 91879Q109 |
| Powershares Insured National M | COM | $4.5M | 192,712 | — | 46138E537 |
| Cavco Industries Inc. | COM | $4.4M | 7,173 | — | 149568107 |
| Main Street Capital Corp. | COM | $4M | 77,208 | — | 56035L104 |
| Berkshire Hathaway Inc. - A | COM | $3.7M | 5 | — | 084670108 |
| Taiwan Semiconductor Manufactu | COM | $3.6M | 7,622 | — | 874039100 |
| Hercules Capital Inc. | COM | $3.6M | 229,506 | — | 427096508 |
| Ares Capital Corp. | COM | $3.5M | 191,235 | — | 04010L103 |
| Agnico Eagle Mines Ltd. | COM | $3.5M | 22,732 | — | 008474108 |
| iShares National Muni Bond ETF | COM | $3.2M | 30,098 | — | 464288414 |
| Golub Capital BDC Inc. | COM | $3.2M | 250,338 | — | 38173M102 |
| BondBloxx Bloomberg One Year T | COM | $3M | 60,474 | — | 09789C861 |
| ASML Holding N.V. | COM | $2.9M | 1,439 | — | N07059210 |
| Blackstone Secured Lending Fun | COM | $2.8M | 116,726 | — | 09261X102 |
| Sixth Street Specialty Lending | COM | $2.7M | 157,855 | — | 83012A109 |
| iShares Russell 1000 Value ETF | COM | $2.5M | 10,492 | — | 464287598 |
| Invesco BulletShares 2030 Muni | COM | $2.5M | 114,674 | — | 46138J445 |
| Sandoz Group | COM | $2.5M | 27,141 | — | 799926100 |
| Disco Corp. | COM | $2.2M | 42,521 | — | 25461D100 |
| iShares iBonds Dec 2029 Term M | COM | $2.2M | 87,480 | — | 46436E163 |
| Invesco BulletShares 2029 Muni | COM | $2.2M | 96,425 | — | 46138J478 |
| Blue Owl Capital Corp. | COM | $2.2M | 201,437 | — | 69121K104 |
| Mitsubishi UFJ Financial | COM | $2.1M | 106,721 | — | 606822104 |
| Baldwin Insurance Group Inc. | COM | $2M | 76,325 | — | 05589G102 |
| SPDR Industrial Select Sector | COM | $2M | 10,849 | — | 81369Y704 |
| AerCap Holdings N.V. | COM | $1.9M | 13,112 | — | N00985106 |
| DBS Group Holdings Ltd. | COM | $1.9M | 9,372 | — | 23304Y100 |
| Core Natural Resources Inc. | COM | $1.9M | 23,555 | — | 218937100 |
| Techtronic Industries Co. Ltd. | COM | $1.8M | 22,118 | — | 87873R101 |
| Xtrackers Municipal Infrastruc | COM | $1.8M | 72,103 | — | 233051705 |
| Gates Industrial Corp. plc | COM | $1.8M | 64,346 | — | G39108108 |
| ING Groep N.V. | COM | $1.8M | 56,589 | — | 456837103 |
| Woodside Energy Group Ltd. | COM | $1.7M | 90,282 | — | 980228308 |
| Vista Energy S.A.B. de C.V. | COM | $1.7M | 27,270 | — | 92837L109 |
| Barings BDC Inc. | COM | $1.7M | 201,684 | — | 06759L103 |
| Safran S.A. | COM | $1.7M | 17,366 | — | 786584102 |
| Lundin Mining Corp. | COM | $1.7M | 69,752 | — | 550372106 |
| Southern Copper Corp. | COM | $1.7M | 9,672 | — | 84265V105 |
| iShares iBonds Dec 2028 Term M | COM | $1.7M | 64,602 | — | 46435U325 |
| Amglo Am PLC ADR | COM | $1.6M | 65,991 | — | 03485P409 |
| Glencore plc | COM | $1.6M | 119,809 | — | 37827X100 |
| RBC Bearings Inc. | COM | $1.6M | 2,509 | — | 75524B104 |
| Spectrum Brands Holdings Inc. | COM | $1.6M | 18,819 | — | 84790A105 |
| Cenovus Energy Inc. | COM | $1.6M | 64,557 | — | 15135U109 |
| First Quantum Minerals Ltd. | COM | $1.6M | 58,484 | — | 335934105 |
| Capital Southwest Corp. | COM | $1.6M | 67,014 | — | 140501107 |
| Hagerty Inc. | COM | $1.5M | 129,750 | — | 405166109 |
| Stewart Information Services C | COM | $1.5M | 23,323 | — | 860372101 |
| Zurich Insurance Group A.G. | COM | $1.5M | 41,635 | — | 989825104 |
| BNP Paribas S.A. | COM | $1.5M | 25,868 | — | 05565A202 |
| Hayward Holdings Inc. | COM | $1.5M | 86,852 | — | 421298100 |
| Newmont Mining Corp. | COM | $1.5M | 15,538 | — | 651639106 |
| UFP Industries Inc. | COM | $1.4M | 15,977 | — | 90278Q108 |
| Haemonetics Corp. | COM | $1.4M | 19,123 | — | 405024100 |
| Knowles Corp. | COM | $1.4M | 34,408 | — | 49926D109 |
| ESAB Corp. | COM | $1.4M | 14,458 | — | 29605J106 |
| Hong Kong Exchanges and Cleari | COM | $1.4M | 30,787 | — | 43858F109 |
| Tourmaline Oil Corp. | COM | $1.4M | 33,988 | — | 89156V106 |
| VanEck Junior Gold Miners ETF | COM | $1.4M | 14,393 | — | 92189F791 |
| New Mountain Finance Corp. | COM | $1.4M | 196,789 | — | 647551100 |
| Tokio Marine Holdings Inc. | COM | $1.4M | 30,795 | — | 889094108 |
| Exxon Mobil Corp. | COM | $1.3M | 9,784 | — | 30231G102 |
| Shell plc | COM | $1.3M | 17,202 | — | 780259305 |
| Movado Group Inc. | COM | $1.3M | 33,574 | — | 624580106 |
| BAE Systems plc | COM | $1.3M | 13,420 | — | 05523R107 |
| CF Industries Holdings Inc. | COM | $1.3M | 12,115 | — | 125269100 |
| Cameco Corp. | COM | $1.3M | 12,856 | — | 13321L108 |
| BP PLC ADR (1:6) | COM | $1.3M | 35,263 | — | 055622104 |
| Mitsui & Co. Ltd. | COM | $1.3M | 2,336 | — | 606827202 |
| Occidental Petroleum Corp. | COM | $1.3M | 26,565 | — | 674599105 |
| Franco-Nevada Corp. | COM | $1.3M | 6,167 | — | 351858105 |
| Marten Transport Ltd. | COM | $1.3M | 73,790 | — | 573075108 |
| Lynas Rare Earths Ltd. | COM | $1.3M | 100,731 | — | 551073307 |
| CRH plc | COM | $1.3M | 11,823 | — | G25508105 |
| UFP Technologies Inc. | COM | $1.3M | 4,771 | — | 902673102 |
| Canadian Natural Resources Ltd | COM | $1.3M | 31,974 | — | 136385101 |
| Littelfuse Inc. | COM | $1.3M | 2,764 | — | 537008104 |
| Wheaton Precious Metals Corp. | COM | $1.3M | 11,175 | — | 962879102 |
| Vulcan Materials Co. | COM | $1.2M | 4,194 | — | 929160109 |
| Royal Gold Inc. | COM | $1.2M | 6,162 | — | 780287108 |
Values are shown exactly as filed. Before 2023 managers reported in thousands of dollars and afterwards in whole dollars; the reporting unit is not always determinable from the document, so nothing is converted automatically.
Source: U.S. Securities and Exchange Commission, Form 13F · as of 2026-07-01