CONFLUENCE INVESTMENT MANAGEMENT LLC Q2 2018 Filing
Filed July 12, 2018
Portfolio Value
$5.7T
Holdings
312
Report Date
Q2 2018
Filing Type
13F-HR
All Holdings (312 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 101 | HTGCHercules Technology Growth Cap | 825,654 | $10.4B | 0.18% | |
| 102 | SLRCSolar Capital Ltd. | 486,980 | $10.0B | 0.17% | |
| 103 | —iShares Corporate ex Financial | 375,909 | $9.2B | 0.16% | |
| 104 | TFISPDR Nuveen Barclays Capital M | 188,693 | $9.1B | 0.16% | |
| 105 | MLNVanEck Vectors Long Municipal | 449,054 | $8.9B | 0.16% | |
| 106 | TPVGTriplePoint Venture Growth BDC | 695,171 | $8.6B | 0.15% | |
| 107 | —THL Credit, Inc. | 1,070,037 | $8.4B | 0.15% | |
| 108 | MOVMovado Group Inc. | 156,413 | $7.6B | 0.13% | |
| 109 | IJKS&P MidCap 400 Growth Index Fu | 33,340 | $7.5B | 0.13% | |
| 110 | IJSS&P SmallCap 600 Value Index F | 45,238 | $7.4B | 0.13% | |
| 111 | IGIBiShares Interm. Term Corporate | 68,660 | $7.3B | 0.13% | |
| 112 | SCMStellus Capital Investment | 552,736 | $7.1B | 0.12% | |
| 113 | —CYS Investments Inc | 932,172 | $7.0B | 0.12% | |
| 114 | —iShares iBonds Dec 2021 AMT-Fr | 274,762 | $7.0B | 0.12% | |
| 115 | —iShares iBonds Dec 2022 AMT-Fr | 271,724 | $6.9B | 0.12% | |
| 116 | VWOVanguard MSCI Emerging Markets | 163,957 | $6.9B | 0.12% | |
| 117 | ALNTAllied Motion Technologies Inc | 141,147 | $6.8B | 0.12% | |
| 118 | SAMThe Boston Beer Company Inc. | 22,510 | $6.7B | 0.12% | |
| 119 | TSLXUSDTPG Specialty Lending, Inc. | 359,982 | $6.5B | 0.11% | |
| 120 | PNNTPennantPark Investment Corp. | 919,748 | $6.4B | 0.11% | |
| 121 | —Halyard Health Inc. | 108,381 | $6.2B | 0.11% | |
| 122 | RMRRMR Group Inc | 78,320 | $6.1B | 0.11% | |
| 123 | ACWXiShares MSCI ACWI EX US ETF | 125,173 | $5.9B | 0.10% | |
| 124 | BMRCBank of Marin (CA) | 72,262 | $5.8B | 0.10% | |
| 125 | —Invesco BulletShares 2019 | 262,904 | $5.5B | 0.10% | |
| 126 | —Invesco BulletShares 2020 | 260,648 | $5.5B | 0.10% | |
| 127 | THRThermon Group Holdings Inc. | 239,978 | $5.5B | 0.10% | |
| 128 | —Invesco BulletShares 2021 | 262,768 | $5.5B | 0.10% | |
| 129 | —Invesco BulletShares 2022 | 263,346 | $5.4B | 0.10% | |
| 130 | VREXVarex Imaging Corp | 146,430 | $5.4B | 0.10% | |
| 131 | —Raven Industries Inc. | 141,238 | $5.4B | 0.10% | |
| 132 | —Monotype Imaging Holdings Inc. | 258,561 | $5.2B | 0.09% | |
| 133 | IJJS&P MidCap 400 Value Index Fun | 32,288 | $5.2B | 0.09% | |
| 134 | RMAXRE/MAX Holdings Inc. | 98,826 | $5.2B | 0.09% | |
| 135 | IAUUSDiShares Gold Trust | 428,542 | $5.2B | 0.09% | |
| 136 | VBTXVeritex Holdings | 165,027 | $5.1B | 0.09% | |
| 137 | GOODGladstone Commercial Corp. | 262,994 | $5.1B | 0.09% | |
| 138 | OFSOFS Capital Corp. | 440,200 | $5.0B | 0.09% | |
| 139 | —iShares iBonds Sep 2020 Amt Fr | 198,752 | $5.0B | 0.09% | |
| 140 | IPHSEURInnophos Holdings Inc | 105,457 | $5.0B | 0.09% | |
| 141 | FWRDUSDForward Air Corp. | 84,896 | $5.0B | 0.09% | |
| 142 | NLYEURAnnaly Capital Management Inc. | 486,456 | $5.0B | 0.09% | |
| 143 | —Cambrex Corp | 93,099 | $4.9B | 0.09% | |
| 144 | ASTEAstec Industries | 80,860 | $4.8B | 0.08% | |
| 145 | JBTJohn Bean Technologies Corp. | 52,643 | $4.7B | 0.08% | |
| 146 | TECHTechne Corp. | 31,060 | $4.6B | 0.08% | |
| 147 | PTBPotbelly Corp. | 350,763 | $4.5B | 0.08% | |
| 148 | —iShares iBonds Dec 2021 Term C | 185,938 | $4.5B | 0.08% | |
| 149 | VGKEuropean ETF - Vanguard | 80,521 | $4.5B | 0.08% | |
| 150 | MUBiShares National AMT-Free Muni | 40,669 | $4.4B | 0.08% | |
| 151 | FSICUSDFS Investment Corp. | 580,432 | $4.3B | 0.07% | |
| 152 | —Apollo Investment Corp. | 751,435 | $4.2B | 0.07% | |
| 153 | SPYS&P 500 - SPDR | 14,632 | $4.0B | 0.07% | |
| 154 | IEMGiShares Core MSCI Emerging Mar | 71,680 | $3.8B | 0.07% | |
| 155 | —Luxoft Holding Inc | 99,547 | $3.7B | 0.06% | |
| 156 | BSMYInvesco BulletShares 2025 | 181,020 | $3.6B | 0.06% | |
| 157 | GTESGates Industrial | 219,482 | $3.6B | 0.06% | |
| 158 | CULPCulp Inc. | 145,441 | $3.6B | 0.06% | |
| 159 | SPDWSPDR Portfolio World Ex US ETF | 116,221 | $3.5B | 0.06% | |
| 160 | GSBDGoldman Sachs BDC Inc. | 171,918 | $3.5B | 0.06% | |
| 161 | RBCRBC Bearings Incorporated | 25,901 | $3.3B | 0.06% | |
| 162 | MAINMain Street Capital Corp. | 86,101 | $3.3B | 0.06% | |
| 163 | —iShares iBonds Sep 2019 Amt Fr | 122,518 | $3.1B | 0.05% | |
| 164 | USCRUS Concrete Inc | 55,763 | $2.9B | 0.05% | |
| 165 | IAUiShares iBonds Dec 2023 Term C | 105,344 | $2.6B | 0.04% | |
| 166 | IBDSiShares iBonds Dec 2027 Term C | 107,699 | $2.5B | 0.04% | |
| 167 | IBDQiShares iBonds Dec 2025 Term C | 106,213 | $2.5B | 0.04% | |
| 168 | ICLRIcon PLC | 19,097 | $2.5B | 0.04% | |
| 169 | GOOGLAlphabet Inc. - Class A | 2,213 | $2.5B | 0.04% | |
| 170 | SHOPShopify Inc | 16,340 | $2.4B | 0.04% | |
| 171 | BABAAlibaba Group Holding Ltd | 11,571 | $2.1B | 0.04% | |
| 172 | —CM Finance Inc. | 228,413 | $2.0B | 0.04% | |
| 173 | RDS/ARoyal Dutch Shell PLC - Cl A | 27,969 | $1.9B | 0.03% | |
| 174 | RIORio Tinto PLC | 33,611 | $1.9B | 0.03% | |
| 175 | WCNWaste Connections, INC. | 24,755 | $1.9B | 0.03% | |
| 176 | EXPOExponent Inc. | 38,301 | $1.9B | 0.03% | |
| 177 | VCLTVanguard Long Term Corporate B | 20,744 | $1.8B | 0.03% | |
| 178 | AQLTiShares Muni Bond 2023 | 67,901 | $1.7B | 0.03% | |
| 179 | INGING Groep NV | 118,277 | $1.7B | 0.03% | |
| 180 | MCCUSDMedley Capital Corp. | 486,714 | $1.7B | 0.03% | |
| 181 | TCEHYTencent Holdings LTD | 33,025 | $1.7B | 0.03% | |
| 182 | CIKCredit Suisse Group AG | 111,356 | $1.7B | 0.03% | |
| 183 | SONYSony Corp. ADS | 32,018 | $1.6B | 0.03% | |
| 184 | APTVAPTIV PLC | 17,651 | $1.6B | 0.03% | |
| 185 | —DBS GROUP HOLDINGS-SPON ADR | 20,514 | $1.6B | 0.03% | |
| 186 | ESLTElbit Systems Ltd | 13,521 | $1.6B | 0.03% | |
| 187 | EWJiShares MSCI Japan Index | 27,575 | $1.6B | 0.03% | |
| 188 | ECEcopetrol SA | 75,540 | $1.6B | 0.03% | |
| 189 | NPSNYNaspers Ltd | 30,742 | $1.5B | 0.03% | |
| 190 | AAGIYAIA Group Lrd | 43,699 | $1.5B | 0.03% | |
| 191 | BPBP PLC (Adr 1:6) | 33,131 | $1.5B | 0.03% | |
| 192 | SMFGSumitomo Mitsui-Spons ADR | 193,790 | $1.5B | 0.03% | |
| 193 | LVMUYLVMH Moet Hennessy Louis Vuitt | 22,713 | $1.5B | 0.03% | |
| 194 | SSMXYSysmex Corp | 32,279 | $1.5B | 0.03% | |
| 195 | IYFDow Jones US Financial Sector | 12,711 | $1.5B | 0.03% | |
| 196 | FSC1EUROaktree Specialty Lending Corp | 310,809 | $1.5B | 0.03% | |
| 197 | EEMSiShares MSCI Emerging Markets | 30,187 | $1.4B | 0.03% | |
| 198 | UOVEYUnited Overseas Bank Limited | 36,538 | $1.4B | 0.03% | |
| 199 | TECK/BTeck Resources Limited | 56,154 | $1.4B | 0.03% | |
| 200 | BRK-BBerkshire Hathaway Inc. - Clas | 5 | $1.4B | 0.02% |