CONFLUENCE INVESTMENT MANAGEMENT LLC Q1 2023 Filing
Filed April 4, 2023
Portfolio Value
$6.8B
Holdings
301
Report Date
Q1 2023
Filing Type
13F-HR
All Holdings (301 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 201 | INFYInfosys Ltd. | 49,784 | $868.2B | 12789.39% | |
| 202 | —DBS Group Holdings Ltd. | 8,579 | $851.7B | 12546.49% | |
| 203 | SONYSony Group Corp. | 9,270 | $840.3B | 12378.34% | |
| 204 | WTWWillis Towers Watson plc | 3,586 | $833.3B | 12275.08% | |
| 205 | JJSFJ & J Snack Foods Corp. | 5,558 | $823.8B | 12135.02% | |
| 206 | IAU*iShares Gold Trust ETF | 21,639 | $808.6B | 11911.74% | |
| 207 | NLYAnnaly Capital Management Inc. | 41,898 | $800.7B | 11794.20% | |
| 208 | TRINTrinity Capital Inc. | 56,531 | $719.6B | 10600.60% | |
| 209 | MUBiShares National Muni Bond ETF | 6,601 | $711.2B | 10476.15% | |
| 210 | CNHCNH Industrial N.V. | 45,765 | $698.8B | 10294.09% | |
| 211 | TTENTotalEnergies S.E. | 11,813 | $697.6B | 10275.32% | |
| 212 | LZAGYLonza Group | 11,543 | $691.7B | 10188.40% | |
| 213 | FFC0Oaktree Specialty Lending Corp | 36,330 | $681.9B | 10044.88% | |
| 214 | UOVEYUnited Overseas Bank Ltd. | 15,027 | $672.7B | 9909.36% | |
| 215 | WOPWoodside Energy Group Ltd. | 29,494 | $661.5B | 9744.91% | |
| 216 | WPMWheaton Precious Metals Corp. | 13,677 | $658.7B | 9702.69% | |
| 217 | APTVAptiv plc | 5,864 | $657.9B | 9690.88% | |
| 218 | BNPQYBNP Paribas S.A. | 20,903 | $626.9B | 9234.53% | |
| 219 | INGING Groep N.V. | 50,914 | $604.3B | 8902.31% | |
| 220 | SAPSAP S.E. | 4,749 | $601.0B | 8852.77% | |
| 221 | SMCAYSMC Corp. | 22,907 | $600.9B | 8852.13% | |
| 222 | CCOCameco Corp. | 22,906 | $599.4B | 8829.99% | |
| 223 | BACBank of America Corp. | 20,789 | $594.6B | 8758.19% | |
| 224 | SCCOSouthern Copper Corp. | 7,486 | $570.8B | 8408.23% | |
| 225 | CAECAE Inc. | 24,398 | $552.1B | 8133.06% | |
| 226 | RGLDRoyal Gold Inc. | 4,208 | $545.8B | 8040.16% | |
| 227 | XOMExxon Mobil Corp. | 4,912 | $538.6B | 7934.54% | |
| 228 | PFXPhenixFIN Corp. | 14,551 | $531.3B | 7825.58% | |
| 229 | COPConocoPhillips | 5,227 | $518.6B | 7638.77% | |
| 230 | PAASPan American Silver Corporatio | 27,727 | $504.6B | 7433.43% | |
| 231 | EXEChesapeake Energy Corp. | 6,596 | $501.6B | 7388.19% | |
| 232 | NTDOYNintendo Co. Ltd. | 50,842 | $490.0B | 7218.13% | |
| 233 | FANGDiamondback Energy Inc. | 3,615 | $488.6B | 7197.87% | |
| 234 | MITSYMITSUI & CO LTD-SPONS ADR | 788 | $487.4B | 7179.62% | |
| 235 | FCXFreeport-McMoRan Inc. | 11,735 | $480.1B | 7071.76% | |
| 236 | SEASeabridge Gold Inc. | 36,001 | $466.2B | 6867.51% | |
| 237 | KMTUYKomatsu Ltd. | 18,801 | $462.9B | 6818.98% | |
| 238 | CTRACoterra Energy Inc. | 18,797 | $461.3B | 6794.71% | |
| 239 | MOSMosaic Co. | 9,929 | $455.5B | 6710.34% | |
| 240 | NEMNewmont Mining Corp. | 9,271 | $454.5B | 6694.44% | |
| 241 | —Antofagasta PLC ADR | 23,047 | $450.5B | 6636.48% | |
| 242 | PXDEURPioneer Natural Resources Co. | 2,169 | $443.0B | 6525.53% | |
| 243 | RHHBYRoche Holding A.G. | 12,357 | $441.2B | 6499.34% | |
| 244 | NVDANVIDIA Corp. | 1,585 | $440.3B | 6485.29% | |
| 245 | SWN1EURSouthwestern Energy Co. | 87,965 | $439.8B | 6478.81% | |
| 246 | ABXBarrick Gold Corp. | 23,655 | $439.3B | 6470.59% | |
| 247 | BHPBHP Billiton Limited - ADR | 6,911 | $438.2B | 6455.27% | |
| 248 | SHOPShopify Inc. | 9,101 | $436.3B | 6426.91% | |
| 249 | GLNCYGlencore plc | 36,594 | $420.4B | 6193.08% | |
| 250 | MTRNMaterion Corp. | 3,586 | $416.0B | 6127.50% | |
| 251 | VISTVista Energy S.A.B. de C.V. | 20,042 | $396.6B | 5842.54% | |
| 252 | AXPAmerican Express Co. | 2,400 | $395.9B | 5831.48% | |
| 253 | ARAntero Resources Corp | 16,711 | $385.9B | 5683.83% | |
| 254 | AAAlcoa Corp. | 9,024 | $384.1B | 5657.38% | |
| 255 | VLRSControladora Vuela Cia de Avia | 30,597 | $380.6B | 5606.79% | |
| 256 | SHMSPDR Nuveen Barclays Capital S | 7,911 | $376.2B | 5541.11% | |
| 257 | SQMSociedad Quimica y Minera de C | 4,481 | $363.2B | 5350.53% | |
| 258 | —Manatuck Hill Mariner Offshore | 1,838 | $354.8B | 5225.95% | |
| 259 | MLB1MercadoLibre Inc. | 269 | $354.6B | 5222.79% | |
| 260 | COSTCostco Wholesale Corp. | 674 | $334.9B | 4933.07% | |
| 261 | FMXFomento Economico Mexicano S.A | 3,441 | $327.6B | 4825.23% | |
| 262 | GOOGLAlphabet Inc. | 3,115 | $323.1B | 4759.68% | |
| 263 | WNSNWNS Holdings Ltd. | 3,450 | $321.4B | 4734.89% | |
| 264 | VVisa Inc. | 1,423 | $320.8B | 4725.96% | |
| 265 | ZTOZTO Express Cayman Inc. | 10,707 | $306.9B | 4520.22% | |
| 266 | BSMYInvesco BulletShares 2031 Muni | 14,326 | $306.8B | 4520.01% | |
| 267 | BSMUInvesco BulletShares 2030 Muni | 13,781 | $306.4B | 4512.69% | |
| 268 | BSMTInvesco BulletShares 2029 Muni | 13,099 | $306.3B | 4512.63% | |
| 269 | IBMQiShares iBonds Dec 2028 Term M | 11,965 | $306.3B | 4511.99% | |
| 270 | AQLTiShares iBonds Dec 2024 Term M | 11,706 | $302.8B | 4460.87% | |
| 271 | AQLTiShares iBonds Dec 2023 Term M | 11,900 | $302.6B | 4457.67% | |
| 272 | GFIGold Fields Ltd. | 22,586 | $300.8B | 4431.59% | |
| 273 | TCEHYTencent Holdings Ltd. | 6,031 | $296.4B | 4366.18% | |
| 274 | YUMCYum China Holdings Inc. | 4,612 | $292.4B | 4306.60% | |
| 275 | XNGSYENN Energy Holdings Ltd. | 5,194 | $284.8B | 4194.88% | |
| 276 | HTHTH World Group Ltd. | 5,658 | $277.1B | 4082.23% | |
| 277 | DMLDenison Mines Corp. | 251,014 | $273.6B | 4030.32% | |
| 278 | MMYTMakeMyTrip Ltd. | 11,012 | $269.5B | 3969.32% | |
| 279 | —ICICI Bank Ltd. | 12,232 | $264.0B | 3888.34% | |
| 280 | GBOOYGrupo Financiero Banorte S.A.B | 6,272 | $263.5B | 3881.64% | |
| 281 | HDBHDFC Bank Ltd. | 3,902 | $260.1B | 3832.06% | |
| 282 | LZRFYLocaliza Rent a Car S.A. | 24,729 | $259.7B | 3825.55% | |
| 283 | GQ9SPDR Gold Shares ETF | 1,365 | $250.1B | 3684.00% | |
| 284 | UI2Kemper Corp. | 4,470 | $244.3B | 3599.08% | |
| 285 | RDYDr Reddy's Laboratories Ltd. | 4,279 | $243.6B | 3588.37% | |
| 286 | U6ZUranium Energy Corp. | 82,948 | $238.9B | 3518.95% | |
| 287 | VALEVale S.A. | 15,015 | $236.9B | 3490.18% | |
| 288 | JPMJPMorgan Chase & Co. | 1,798 | $234.3B | 3451.29% | |
| 289 | BIDUNBaidu Inc. | 1,552 | $234.2B | 3450.28% | |
| 290 | AAGIYAIA Group Ltd. | 5,513 | $232.2B | 3420.11% | |
| 291 | KBKB Financial Group Inc. | 6,089 | $221.7B | 3266.43% | |
| 292 | HONHoneywell International Inc. | 1,138 | $217.5B | 3203.79% | |
| 293 | WXXWYWuxi Biologics Cayman Inc. | 17,532 | $217.1B | 3197.69% | |
| 294 | CWCurtiss-Wright Corp. | 1,160 | $204.5B | 3011.81% | |
| 295 | AAPLApple Inc. | 1,237 | $204.0B | 3004.73% | |
| 296 | PTAIYPT Astra International Tbk | 24,709 | $197.7B | 2912.88% | |
| 297 | ASAIYSendas Distribuidora S.A. | 12,155 | $187.2B | 2757.34% | |
| 298 | ECEcopetrol S.A. | 16,482 | $174.1B | 2563.83% | |
| 299 | CFRUYCie Financiere Richemont S.A. | 10,654 | $170.2B | 2506.45% | |
| 300 | C1B2Cia Brasileira de Distribuicao | 55,417 | $162.9B | 2399.97% |