CONFLUENCE INVESTMENT MANAGEMENT LLC Q1 2019 Filing
Filed April 16, 2019
Portfolio Value
$5.9T
Holdings
294
Report Date
Q1 2019
Filing Type
13F-HR
All Holdings (294 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 101 | GBDCGolub Capital BDC Inc. | 684,705 | $12.2B | 0.21% | |
| 102 | —TCP Capital Corp. | 855,825 | $12.1B | 0.21% | |
| 103 | IBDSiShares iBonds Dec 2027 Term C | 458,037 | $11.2B | 0.19% | |
| 104 | HTGCHercules Technology Growth Cap | 830,220 | $10.5B | 0.18% | |
| 105 | SLRCSolar Capital Ltd. | 491,489 | $10.2B | 0.17% | |
| 106 | BBDCBarings BDC Inc | 1,021,687 | $10.0B | 0.17% | |
| 107 | IJSS&P SmallCap 600 Value Index F | 67,590 | $10.0B | 0.17% | |
| 108 | TPVGTriplePoint Venture Growth BDC | 712,357 | $9.8B | 0.17% | |
| 109 | IJTS&P SmallCap 600 Growth Index | 52,123 | $9.3B | 0.16% | |
| 110 | —Invesco BulletShares 2024 | 447,490 | $9.3B | 0.16% | |
| 111 | MLNVanEck Vectors Long Municipal | 455,019 | $9.2B | 0.16% | |
| 112 | —Invesco BulletShares 2022 | 434,162 | $9.2B | 0.15% | |
| 113 | —Invesco BulletShares 2021 | 435,969 | $9.2B | 0.15% | |
| 114 | —iShares Corporate ex Financial | 370,685 | $9.1B | 0.15% | |
| 115 | —Natus Medical Inc. | 325,283 | $8.3B | 0.14% | |
| 116 | IGIBiShares Intermediate Term Corp | 141,650 | $7.8B | 0.13% | |
| 117 | PDCOEURPatterson Companies Inc. | 357,386 | $7.8B | 0.13% | |
| 118 | CNNECannae Holdings Inc | 307,327 | $7.5B | 0.13% | |
| 119 | TFISPDR Nuveen Barclays Capital M | 147,506 | $7.3B | 0.12% | |
| 120 | TSLXUSDTPG Specialty Lending, Inc. | 362,536 | $7.3B | 0.12% | |
| 121 | —iShares iBonds Dec 2022 AMT-Fr | 271,022 | $7.0B | 0.12% | |
| 122 | —iShares iBonds Dec 2021 AMT-Fr | 273,602 | $7.0B | 0.12% | |
| 123 | NLYEURAnnaly Capital Management Inc. | 686,456 | $6.9B | 0.12% | |
| 124 | GTESGates Industrial | 469,312 | $6.7B | 0.11% | |
| 125 | SCMStellus Capital Investment | 467,790 | $6.6B | 0.11% | |
| 126 | OFSOFS Capital Corp. | 555,585 | $6.5B | 0.11% | |
| 127 | MFICApollo Investment Corp. | 427,019 | $6.5B | 0.11% | |
| 128 | HTOSJW Group | 104,198 | $6.4B | 0.11% | |
| 129 | PNNTPennantPark Investment Corp. | 926,026 | $6.4B | 0.11% | |
| 130 | IIIVI3 Verticals Inc | 264,770 | $6.4B | 0.11% | |
| 131 | MOVMovado Group Inc. | 171,153 | $6.2B | 0.11% | |
| 132 | THRThermon Group Holdings Inc. | 253,709 | $6.2B | 0.11% | |
| 133 | NWNNorthwest Natural Holding Co | 93,816 | $6.2B | 0.10% | |
| 134 | —Luxoft Holding Inc | 102,875 | $6.0B | 0.10% | |
| 135 | GOODGladstone Commercial Corp. | 288,921 | $6.0B | 0.10% | |
| 136 | —Raven Industries Inc. | 153,987 | $5.9B | 0.10% | |
| 137 | TWOTwo Harbors Investment Corp. | 436,255 | $5.9B | 0.10% | |
| 138 | RCOResources Connection Inc | 356,509 | $5.9B | 0.10% | |
| 139 | FWRDUSDForward Air Corp. | 90,398 | $5.9B | 0.10% | |
| 140 | GSBDGoldman Sachs BDC Inc. | 281,616 | $5.8B | 0.10% | |
| 141 | —MTS Systems Corp. | 105,707 | $5.8B | 0.10% | |
| 142 | —Monotype Imaging Holdings Inc. | 284,851 | $5.7B | 0.10% | |
| 143 | JBTJohn Bean Technologies Corp. | 60,484 | $5.6B | 0.09% | |
| 144 | VREXVarex Imaging Corp | 162,551 | $5.5B | 0.09% | |
| 145 | RMAXRE/MAX Holdings Inc. | 140,267 | $5.4B | 0.09% | |
| 146 | KAIKadant Inc | 60,972 | $5.4B | 0.09% | |
| 147 | BMRCBank of Marin (CA) | 126,962 | $5.2B | 0.09% | |
| 148 | —iShares iBonds Sep 2020 Amt Fr | 201,118 | $5.1B | 0.09% | |
| 149 | RBCRBC Bearings Incorporated | 39,982 | $5.1B | 0.09% | |
| 150 | IAUUSDiShares Gold Trust | 402,824 | $5.0B | 0.08% | |
| 151 | ALNTAllied Motion Technologies Inc | 137,325 | $4.7B | 0.08% | |
| 152 | —Neenah Ppaper Inc | 72,832 | $4.7B | 0.08% | |
| 153 | SPYS&P 500 - SPDR | 16,386 | $4.6B | 0.08% | |
| 154 | VBTXVeritex Holdings | 190,308 | $4.6B | 0.08% | |
| 155 | PAHCPhibro Animal Health Corp Clas | 138,341 | $4.6B | 0.08% | |
| 156 | IPHSEURInnophos Holdings Inc | 144,924 | $4.4B | 0.07% | |
| 157 | —Cambrex Corp | 107,671 | $4.2B | 0.07% | |
| 158 | XLEEnergy Select Sector - SPDR | 60,178 | $4.0B | 0.07% | |
| 159 | PTBPotbelly Corp. | 454,793 | $3.9B | 0.07% | |
| 160 | MAINMain Street Capital Corp. | 98,802 | $3.7B | 0.06% | |
| 161 | IAUiShares iBonds Dec 2025 Term M | 133,003 | $3.5B | 0.06% | |
| 162 | AQLTiShares iBonds Dec 2024 Term M | 135,734 | $3.5B | 0.06% | |
| 163 | AQLTiShares Muni Bond 2023 | 138,074 | $3.5B | 0.06% | |
| 164 | IGLBiShares Long-Term Corporate Bo | 57,098 | $3.4B | 0.06% | |
| 165 | TLHiShares Barclays 10-20 Year Tr | 21,611 | $3.0B | 0.05% | |
| 166 | XLVHealth Care Select Sector - SP | 29,841 | $2.7B | 0.05% | |
| 167 | —iShares iBonds Dec 2021 Term C | 106,892 | $2.6B | 0.04% | |
| 168 | USCRUS Concrete Inc | 61,495 | $2.5B | 0.04% | |
| 169 | CSWCCapital Southwest Corp. | 115,506 | $2.4B | 0.04% | |
| 170 | XLBMaterials Select Sector - SPDR | 42,495 | $2.4B | 0.04% | |
| 171 | GOOGLAlphabet Inc. - Class A | 1,863 | $2.2B | 0.04% | |
| 172 | ICLRIcon PLC | 15,441 | $2.1B | 0.04% | |
| 173 | SHOPShopify Inc | 9,963 | $2.1B | 0.03% | |
| 174 | VNQREIT Index - Vanguard | 22,606 | $2.0B | 0.03% | |
| 175 | IBDQiShares iBonds Dec 2025 Term C | 78,789 | $2.0B | 0.03% | |
| 176 | IAUiShares iBonds Dec 2023 Term C | 77,179 | $1.9B | 0.03% | |
| 177 | MUBiShares National AMT-Free Muni | 16,719 | $1.9B | 0.03% | |
| 178 | —CM Finance Inc. | 246,171 | $1.8B | 0.03% | |
| 179 | LVMUYLVMH Moet Hennessy Louis Vuitt | 24,513 | $1.8B | 0.03% | |
| 180 | PFLTPennantPark Floating Rate Capi | 140,761 | $1.8B | 0.03% | |
| 181 | WCNWaste Connections, INC. | 19,959 | $1.8B | 0.03% | |
| 182 | BABAAlibaba Group Holding Ltd | 9,690 | $1.8B | 0.03% | |
| 183 | FSC1EUROaktree Specialty Lending Corp | 317,580 | $1.6B | 0.03% | |
| 184 | CYBRCyberark Software Ltd | 13,525 | $1.6B | 0.03% | |
| 185 | BRK-BBerkshire Hathaway Inc. - Clas | 5 | $1.5B | 0.03% | |
| 186 | MCCUSDMedley Capital Corp. | 466,714 | $1.5B | 0.02% | |
| 187 | RIORio Tinto PLC | 24,408 | $1.4B | 0.02% | |
| 188 | NATHNathan's Famous Inc | 20,692 | $1.4B | 0.02% | |
| 189 | ECEcopetrol SA | 63,574 | $1.4B | 0.02% | |
| 190 | AAGIYAIA Group Lrd | 33,020 | $1.3B | 0.02% | |
| 191 | —Alcentra Capital Corporation | 172,787 | $1.3B | 0.02% | |
| 192 | DSDVYDSV A/S-Unsponsored ADR | 31,237 | $1.3B | 0.02% | |
| 193 | RDS/ARoyal Dutch Shell PLC - Cl A | 20,084 | $1.3B | 0.02% | |
| 194 | —KCAP Financial Inc | 340,472 | $1.2B | 0.02% | |
| 195 | BPBP PLC (Adr 1:6) | 28,008 | $1.2B | 0.02% | |
| 196 | ESLTElbit Systems Ltd | 9,040 | $1.2B | 0.02% | |
| 197 | —Solar Senior Capital Ltd. | 67,877 | $1.2B | 0.02% | |
| 198 | —DBS GROUP HOLDINGS-SPON ADR | 15,602 | $1.2B | 0.02% | |
| 199 | TCEHYTencent Holdings LTD | 24,296 | $1.1B | 0.02% | |
| 200 | APTVAPTIV PLC | 13,602 | $1.1B | 0.02% |