CONFLUENCE INVESTMENT MANAGEMENT LLC Q1 2024 Filing

Filed April 1, 2024

Portfolio Value

$7.4B

Holdings

296

Report Date

Q1 2024

Filing Type

13F-HR

All Holdings (296 positions)

StockValue
FASTFastenal Co.
$195.5M
PGRProgressive Corp.
$188.6M
MSFTMicrosoft Corp.
$175.7M
SNASnap-on Inc.
$173.5M
LINLinde plc
$171.6M
PEPPepsiCo Inc.
$166.2M
CBChubb Ltd.
$165.9M
LMTLockheed Martin Corp.
$151.4M
HDHome Depot Inc.
$150.5M
PAYXPaychex Inc.
$146.6M
BRBroadridge Financial Solutions
$144.0M
ADIAnalog Devices Inc.
$138.8M
CLXClorox Co.
$135.6M
FNFFidelity National Financial In
$135.3M
CLColgate-Palmolive Co.
$130.6M
TROWT. Rowe Price Group Inc.
$130.4M
SOSouthern Co.
$128.4M
WECWEC Energy Group Inc.
$127.9M
DEODiageo plc
$125.5M
CVXChevron Corp.
$123.7M
NSRGYNestle S.A.
$111.1M
PIIPolaris Inc.
$108.9M
NTRSNorthern Trust Corp.
$105.7M
DOWDow Inc.
$101.2M
UPSUnited Parcel Service Inc.
$100.2M
CSCOCisco Systems Inc.
$95.5M
SYKStryker Corp.
$93.4M
ETREntergy Corp.
$92.3M
USBU.S. Bancorp
$92.2M
MAMastercard Inc.
$92.1M
TJXTJX Cos. Inc.
$91.4M
SGOViShares 0-3 Month Treasury Bon
$91.4M
GILDGilead Sciences Inc.
$91.3M
1939900DBrookfield Infrastructure Corp
$89.7M
KMIKinder Morgan Inc.
$87.6M
ARCCAres Capital Corp.
$86.2M
WRBW. R. Berkley Corp.
$82.7M
WYWeyerhaeuser Co.
$81.5M
SPGIS&P Global Inc.
$80.8M
MASMasco Corp.
$78.2M
RYNRayonier Inc.
$77.0M
ORCLOracle Corp.
$74.4M
GGGGraco Inc.
$70.9M
BRK/BBerkshire Hathaway Inc. - B
$69.6M
GOOGAlphabet Inc.
$66.7M
ITWIllinois Tool Works Inc.
$65.7M
LOWLowe's Cos. Inc.
$64.1M
SBUXStarbucks Corp.
$62.6M
MKLMarkel Corp. Inc.
$60.9M
NXPINXP Semiconductors N.V.
$56.1M
SPMBSPDR Portfolio Mortgage Backed
$56.1M
BNBrookfield Corp.
$55.2M
KEYSKeysight Technologies Inc.
$52.9M
XMHQInvesco S&P MidCap Quality ETF
$52.0M
TMOThermo Fisher Scientific Inc.
$50.7M
BROBrown & Brown Inc.
$48.6M
BKNGBooking Holdings Inc.
$47.5M
NDSNNordson Corp.
$42.9M
STZConstellation Brands
$39.0M
CALFPacer US Small Cap Cash Cows 1
$38.8M
HYBBiShares BB Rated Corporate Bon
$37.3M
MDYGSPDR S&P 400 Mid Cap Growth ET
$37.2M
HSYHershey Co.
$35.1M
IBTHiShares iBonds Dec 2027 Term T
$30.7M
APHAmphenol Corp.
$30.0M
DNBDun & Bradstreet Holdings Inc.
$29.7M
SHWSherwin-Williams Co.
$29.2M
GTESGates Industrial Corp. plc
$28.4M
VNTVontier Corp.
$27.8M
ECLEcolab Inc.
$27.4M
GLDMSPDR Gold MiniShares Trust ETF
$27.1M
CRLCharles River Laboratories Int
$26.3M
SHYiShares 1-3 Year Treasury Bond
$25.6M
RMEResMed Inc.
$25.6M
GDGeneral Dynamics Corp.
$25.2M
DCIDonaldson Co. Inc.
$25.0M
MDYVSPDR S&P 400 Mid Cap Value ETF
$24.8M
EOGEOG Resources Inc.
$24.5M
MCDMcDonald's Corp.
$23.6M
PGProcter & Gamble Co.
$23.2M
EXPDExpeditors International of Wa
$23.2M
MLMMartin Marietta Materials Inc.
$22.3M
ROKRockwell Automation Inc.
$22.2M
SLYGSPDR S&P 600 Small Cap Growth
$21.1M
MORNMorningstar Inc.
$21.0M
TTCToro Co.
$20.7M
IBDRiShares iBonds Dec 2026 Term C
$20.2M
BDXBecton Dickinson and Co.
$19.7M
IBTGiShares iBonds Dec 2026 Term T
$19.7M
APDAir Products and Chemicals Inc
$19.5M
NJRNew Jersey Resources Corp.
$19.3M
CLVTClarivate plc
$18.4M
MBBiShares MBS ETF
$18.3M
MDTMedtronic plc
$18.2M
AWCAmerican Water Works Co. Inc.
$17.5M
SPDR Portfolio S&P 500 Value E
$17.2M
DLTRDollar Tree Inc.
$17.2M
NKENIKE Inc.
$16.4M
SPYSPDR S&P 500 ETF
$14.6M
AZEKAzek Co. Inc.
$13.8M
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