CONFLUENCE INVESTMENT MANAGEMENT LLC Q1 2017 Filing

Filed April 6, 2017

Portfolio Value

$4.5T

Holdings

235

Report Date

Q1 2017

Filing Type

13F-HR

All Holdings (235 positions)

#StockSharesValue% PortfolioType
201
IDV*Dow Jones U.S. Select Dividend
13,299$418.0M0.01%
202
CODICompass Diversified Holdings
25,000$415.0M0.01%
203
Snyder's-Lance Inc.
9,491$383.0M0.01%
204
EOGEOG Resources
3,583$350.0M0.01%
205
Manatuck Hill Mariner Offshore
2,650$347.0M0.01%
206
ETFS Physical Platinum
3,777$343.0M0.01%
207
MOAltria Group Inc.
4,789$342.0M0.01%
208
JPMJP Morgan Chase & Company
3,840$337.0M0.01%
209
BROBrown & Brown Inc.
7,895$329.0M0.01%
210
FNVFranco-Nevada Corp.
4,713$309.0M0.01%
211
RGLDRoyal Gold, Inc.
4,338$304.0M0.01%
212
Silver Wheaton Corp.
14,166$295.0M0.01%
213
QCOMQualcomm Inc.
4,841$278.0M0.01%
214
VMCVulcan Materials Co.
2,301$277.0M0.01%
215
PXDEURPioneer Natural Resources Co.
1,397$260.0M0.01%
216
HNRGHallador Energy Company
32,378$259.0M0.01%
217
IVWS&P 500 Growth Index - iShares
1,873$246.0M0.01%
218
IJRS&P SmallCap 600 Index Fund -
3,558$246.0M0.01%
219
SLVSilver Trust - iShares
13,887$240.0M0.01%
220
RSP Permian, Inc.
5,737$238.0M0.01%
221
Parsley Energy Inc.
7,271$236.0M0.01%
222
KOThe Coca-Cola Company
5,465$232.0M0.01%
223
WFCWells Fargo & Company
4,121$229.0M0.01%
224
XECEURCimarex Energy Co.
1,907$228.0M0.01%
225
VTIVanguard Total Stock Market
1,823$221.0M0.00%
226
Harvest Capital Credit Corp
16,699$220.0M0.00%
227
MDYSPDR S&P MidCap 400 ETF Trust
703$220.0M0.00%
228
PCHPotlatch Corp.
4,624$211.0M0.00%
229
LLYEli Lilly & Co.
2,449$206.0M0.00%
230
AYS1Sandstorm Gold Ltd.
45,320$194.0M0.00%
231
CCOCameco Corp.
17,254$191.0M0.00%
232
SWN1EURSouthwestern Energy Co.
23,249$190.0M0.00%
233
Sabina Gold & Silver Co NPV
125,910$146.0M0.00%
234
AGFirst Majestic Silver Corp.
15,888$129.0M0.00%
235
FVICHFFortuna Silver Mines Inc
24,445$127.0M0.00%
236
BSXGFBelo Sun Mining Corp Com NPV
188,997$122.0M0.00%
237
MFINMedallion Financial Corp
53,953$107.0M0.00%
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