CONFLUENCE INVESTMENT MANAGEMENT LLC Q2 2020 Filing
Filed July 1, 2020
Portfolio Value
$6.0B
Holdings
291
Report Date
Q2 2020
Filing Type
13F-HR
All Holdings (291 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 201 | OBDCOwl Rock Capital Corporation | 94,777 | $1.2B | 19.49% | |
| 202 | WTWWillis Towers Watson Public Lt | 5,904 | $1.2B | 19.41% | |
| 203 | WMMVYWalmart De-Mexico-Spon ADR V | 47,948 | $1.1B | 19.04% | |
| 204 | ESLTElbit Systems Ltd | 8,156 | $1.1B | 18.66% | |
| 205 | SAPSAP AG - ADS | 7,891 | $1.1B | 18.44% | |
| 206 | NATHNathan's Famous Inc | 19,030 | $1.1B | 17.86% | |
| 207 | CNRCanadian National Railway | 11,832 | $1.0B | 17.49% | |
| 208 | BROBrown & Brown Inc. | 25,140 | $1.0B | 17.11% | |
| 209 | NTDOYNintendo Co. Ltd. ADS | 17,342 | $965.0M | 16.11% | |
| 210 | APTVAPTIV PLC | 11,936 | $930.0M | 15.52% | |
| 211 | RHHBYRoche Holding AG | 20,641 | $894.0M | 14.92% | |
| 212 | IAUiShares iBonds Dec 2023 Term C | 33,760 | $886.0M | 14.79% | |
| 213 | CSWCCapital Southwest Corp. | 65,283 | $880.0M | 14.69% | |
| 214 | IUSViShares Core US Values - ETF | 16,825 | $879.0M | 14.67% | |
| 215 | —DBS GROUP HOLDINGS-SPON ADR | 14,129 | $843.0M | 14.07% | |
| 216 | PFLTPennantPark Floating Rate Capi | 94,767 | $796.0M | 13.28% | |
| 217 | CCAPCrescent Capital BDC, Inc. | 61,160 | $773.0M | 12.90% | |
| 218 | FANUYFanuc Ltd. ADS | 43,322 | $773.0M | 12.90% | |
| 219 | MINTPimco Enhanced Short Maturity | 7,291 | $741.0M | 12.37% | |
| 220 | PAGSPagseguro Digital Ltd | 20,870 | $738.0M | 12.32% | |
| 221 | SLVSilver Trust - iShares | 41,626 | $708.0M | 11.82% | |
| 222 | RDS/ARoyal Dutch Shell PLC - Cl A | 21,083 | $689.0M | 11.50% | |
| 223 | FSC1EUROaktree Specialty Lending Corp | 152,988 | $684.0M | 11.42% | |
| 224 | UOVEYUnited Overseas Bank Limited | 23,138 | $671.0M | 11.20% | |
| 225 | —Capstead Mortgage Corp. | 111,144 | $611.0M | 10.20% | |
| 226 | TLHiShares Barclays 10-20 Year Tr | 3,477 | $582.0M | 9.71% | |
| 227 | KMTUYKOMATSU LTD | 28,266 | $577.0M | 9.63% | |
| 228 | MLCOMelco Resorts & Entertainment | 37,043 | $575.0M | 9.60% | |
| 229 | FSPFranklin Street Properties Cor | 102,500 | $522.0M | 8.71% | |
| 230 | VUSXXVanguard Treasury Money Market | 520,827 | $521.0M | 8.70% | |
| 231 | GBILGoldman Sachs Treasury Access | 4,986 | $501.0M | 8.36% | |
| 232 | VVisa, Inc. - A | 2,584 | $499.0M | 8.33% | |
| 233 | NBISYandex NV | 9,910 | $496.0M | 8.28% | |
| 234 | ICMBInvestcorp Credit Management B | 130,340 | $448.0M | 7.48% | |
| 235 | VIPSVipshop Holdings Ltd | 22,360 | $445.0M | 7.43% | |
| 236 | MFICApollo Investment Corp. | 44,727 | $428.0M | 7.14% | |
| 237 | —Solar Senior Capital Ltd. | 32,675 | $419.0M | 6.99% | |
| 238 | JAZZJazz Pharmaceuticals Plc | 3,770 | $416.0M | 6.94% | |
| 239 | MLB1MERCADOLIBRE INC | 408 | $402.0M | 6.71% | |
| 240 | JJSFJ & J Snack Foods Corp | 3,139 | $399.0M | 6.66% | |
| 241 | PAASPan American Silver Corp | 13,107 | $398.0M | 6.64% | |
| 242 | HTHTHuazhu Group Ltd. | 11,316 | $397.0M | 6.63% | |
| 243 | LLYEli Lilly & Co. | 2,400 | $394.0M | 6.58% | |
| 244 | AAPLApple Inc. | 1,062 | $387.0M | 6.46% | |
| 245 | EQXEquinox Gold | 34,229 | $384.0M | 6.41% | |
| 246 | KCAPUSDPortman Ridge Finance Corp | 340,472 | $375.0M | 6.26% | |
| 247 | PYPLPayPal Holdings, Inc. | 2,097 | $365.0M | 6.09% | |
| 248 | MCCUSDMedley Capital Corp. | 466,714 | $357.0M | 5.96% | |
| 249 | NATHNathan's Famous Inc | 6,209 | $349.0M | 5.82% | |
| 250 | —Manatuck Hill Mariner Offshore | 2,177 | $337.0M | 5.62% | |
| 251 | NVDANVIDIA Corp. | 870 | $331.0M | 5.52% | |
| 252 | XNGSYENN Energy Holdings Ltd | 7,309 | $329.0M | 5.49% | |
| 253 | GDSGDS Holdings Ltd | 4,095 | $326.0M | 5.44% | |
| 254 | UI2Kemper Corp. | 4,470 | $324.0M | 5.41% | |
| 255 | AYS1Sandstorm Gold Ltd. | 33,102 | $318.0M | 5.31% | |
| 256 | WXXWYWuxi Biologics Cayman Inc | 8,461 | $310.0M | 5.17% | |
| 257 | YUMCYum China Holdings Inc | 6,425 | $309.0M | 5.16% | |
| 258 | SIL1EURSilverCrest Metals Inc | 33,504 | $307.0M | 5.12% | |
| 259 | HDBHDFC Bank Ltd | 6,688 | $304.0M | 5.07% | |
| 260 | ABXBarrick Gold ORD Shrs | 10,941 | $295.0M | 4.92% | |
| 261 | GFIGold Fields Ltd | 30,936 | $291.0M | 4.86% | |
| 262 | RDYDR. REDDY'S LABORATORIES LTD. | 5,476 | $290.0M | 4.84% | |
| 263 | TTENTotal SA - ADR | 7,268 | $280.0M | 4.67% | |
| 264 | JPMJP Morgan Chase & Company | 2,897 | $272.0M | 4.54% | |
| 265 | COSTCostco Wholesale Corporation | 893 | $271.0M | 4.52% | |
| 266 | SEASeabridge Gold Inc. | 15,429 | $271.0M | 4.52% | |
| 267 | TMETencent Music Entertainment Gr | 19,672 | $265.0M | 4.42% | |
| 268 | RGLDRoyal Gold, Inc. | 2,123 | $264.0M | 4.41% | |
| 269 | WNSNWNS Holdings Ltd | 4,758 | $262.0M | 4.37% | |
| 270 | CEOCNOOC Ltd. | 2,308 | $260.0M | 4.34% | |
| 271 | —MMC Norilsk Nickel | 9,816 | $257.0M | 4.29% | |
| 272 | PNGAYPing An Insurance Group Co of | 12,808 | $256.0M | 4.27% | |
| 273 | GQ9Gold Shares - SPDR | 1,516 | $254.0M | 4.24% | |
| 274 | TXGTorex Gold Res Inc | 15,556 | $246.0M | 4.11% | |
| 275 | FLOTiShares Floating Rate Note Fun | 4,755 | $241.0M | 4.02% | |
| 276 | SNPUSDChina Petroleum & Chemical Co | 5,687 | $239.0M | 3.99% | |
| 277 | BACBank of America Corp. | 9,956 | $236.0M | 3.94% | |
| 278 | BIDUNBaidu Inc. ADS | 1,952 | $234.0M | 3.91% | |
| 279 | ZNHUSDChina Southern Airlines Co Ltd | 10,564 | $233.0M | 3.89% | |
| 280 | AMZNAmazon.com, Inc. | 83 | $229.0M | 3.82% | |
| 281 | AXPAmerican Express Company | 2,400 | $228.0M | 3.81% | |
| 282 | LZRFYLocaliza Rent a Car SA | 30,516 | $228.0M | 3.81% | |
| 283 | KBKB Financial Group Inc | 7,640 | $213.0M | 3.55% | |
| 284 | FMXFOMENTO ECONOMICO MEXICANO, S. | 3,412 | $212.0M | 3.54% | |
| 285 | ECEcopetrol SA | 18,846 | $210.0M | 3.50% | |
| 286 | C1B2Cia Brasileira de Distribuicao | 15,732 | $206.0M | 3.44% | |
| 287 | GBOOYGrupo Financiero ADR | 11,765 | $202.0M | 3.37% | |
| 288 | BAPCREDICORP LTD | 1,507 | $201.0M | 3.35% | |
| 289 | FCXFreeport-McMoRan Copper & Gold | 16,632 | $192.0M | 3.20% | |
| 290 | CCOCameco Corp. | 16,663 | $171.0M | 2.85% | |
| 291 | OREUROsisko Gold Royalties Ltd | 15,508 | $155.0M | 2.59% | |
| 292 | TECK/BTeck Resources Limited | 14,701 | $153.0M | 2.55% | |
| 293 | LYSDYLynas Corp Ltd | 103,567 | $135.0M | 2.25% | |
| 294 | —ICICI Bank Ltd. ADS | 13,460 | $125.0M | 2.09% |
PreviousPage 3 of 3