CONFLUENCE INVESTMENT MANAGEMENT LLC Q2 2021 Filing
Filed July 1, 2021
Portfolio Value
$7.5T
Holdings
302
Report Date
Q2 2021
Filing Type
13F-HR
All Holdings (302 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | PEPPepsico Incorporated | 1,172,444 | $173.7B | 2.31% | |
| 2 | DEODiageo PLC | 874,881 | $167.7B | 2.23% | |
| 3 | LINLinde PLC | 572,650 | $165.6B | 2.20% | |
| 4 | PAYXPaychex Incorporated | 1,476,041 | $158.4B | 2.11% | |
| 5 | SNASnap-on Incorporated | 708,093 | $158.2B | 2.10% | |
| 6 | MSFTMicrosoft Corporation | 579,499 | $157.0B | 2.09% | |
| 7 | PIIPolaris Industries | 1,115,362 | $152.8B | 2.03% | |
| 8 | FASTFastenal Company | 2,890,862 | $150.3B | 2.00% | |
| 9 | HDHome Depot Incorporated | 457,581 | $145.9B | 1.94% | |
| 10 | NSRGYNestle SA | 1,137,072 | $141.8B | 1.89% | |
| 11 | NTRSNorthern Trust Corporation | 1,173,561 | $135.7B | 1.80% | |
| 12 | ADIAnalog Devices Incorporated | 785,439 | $135.2B | 1.80% | |
| 13 | PGRProgressive Corporation | 1,352,379 | $132.8B | 1.77% | |
| 14 | BRBroadridge Financial Solutions | 809,526 | $130.8B | 1.74% | |
| 15 | LMTLockheed Martin Corporation | 334,964 | $126.7B | 1.68% | |
| 16 | CLColgate-Palmolive Company | 1,492,715 | $121.4B | 1.61% | |
| 17 | CBChubb Corporation | 759,935 | $120.8B | 1.61% | |
| 18 | SOSouthern Company | 1,970,190 | $119.2B | 1.58% | |
| 19 | MMM3M Company | 593,378 | $117.9B | 1.57% | |
| 20 | DOWDow Incorporated | 1,695,058 | $107.3B | 1.43% | |
| 21 | GGGGraco Incorporated | 1,401,976 | $106.1B | 1.41% | |
| 22 | USBUS Bancorp | 1,861,231 | $106.0B | 1.41% | |
| 23 | FNFFidelity National Financial In | 2,431,045 | $105.7B | 1.40% | |
| 24 | RYNRayonier Incorporated | 2,922,978 | $105.0B | 1.40% | |
| 25 | FQIDigital Realty Trust Incorpora | 688,459 | $103.6B | 1.38% | |
| 26 | CSCOCisco Systems Incorporated | 1,891,089 | $100.2B | 1.33% | |
| 27 | WYWeyerhaeuser Company | 2,822,388 | $97.1B | 1.29% | |
| 28 | SLG2EURSl Green Realty | 1,213,396 | $97.1B | 1.29% | |
| 29 | CVXChevron Corporation | 906,825 | $95.0B | 1.26% | |
| 30 | KMIKinder Morgan Incorporated | 5,060,651 | $92.3B | 1.23% | |
| 31 | SYKStryker Corporation | 345,775 | $89.8B | 1.19% | |
| 32 | SBUXStarbucks Corporation | 800,344 | $89.5B | 1.19% | |
| 33 | PFEPfizer Incorporated | 2,199,670 | $86.1B | 1.14% | |
| 34 | ORCLOracle Corporation | 1,106,293 | $86.1B | 1.14% | |
| 35 | ARCCAres Capital Corporation | 4,285,310 | $83.9B | 1.12% | |
| 36 | ETREntergy Corporation | 838,482 | $83.6B | 1.11% | |
| 37 | GILDGilead Sciences | 1,213,815 | $83.6B | 1.11% | |
| 38 | NXPINXP Semiconductors NV | 404,968 | $83.3B | 1.11% | |
| 39 | TJXTJX Companies | 1,174,077 | $79.2B | 1.05% | |
| 40 | 1939900DBrookfield Infrastructure | 1,035,903 | $78.1B | 1.04% | |
| 41 | MAMastercard Incorporated | 213,206 | $77.8B | 1.03% | |
| 42 | ITWIllinois Tool Works Incorporat | 329,391 | $73.6B | 0.98% | |
| 43 | FBINFortune Brands Home & Security | 693,802 | $69.1B | 0.92% | |
| 44 | GOOGAlphabet Incorporated - C | 27,475 | $68.9B | 0.92% | |
| 45 | CRLCharles River Laboratories Int | 185,381 | $68.6B | 0.91% | |
| 46 | BAMBrookfield Asset Management In | 1,249,271 | $63.7B | 0.85% | |
| 47 | MKLMarkel Corporation | 53,456 | $63.4B | 0.84% | |
| 48 | RTXRaytheon Technologies Corporat | 738,383 | $63.0B | 0.84% | |
| 49 | —IHS Markit Limited | 556,152 | $62.7B | 0.83% | |
| 50 | LOWLowe's Companies Incorporated | 322,539 | $62.6B | 0.83% | |
| 51 | BRK/BBerkshire Hathaway Incorporate | 208,422 | $57.9B | 0.77% | |
| 52 | BKNGBooking Holdings Incorporated | 24,480 | $53.6B | 0.71% | |
| 53 | WRBWR Berkley Corporation | 718,044 | $53.4B | 0.71% | |
| 54 | TMOThermo Fisher Scientific Incor | 105,363 | $53.2B | 0.71% | |
| 55 | BROBrown & Brown Incorporated | 937,858 | $49.8B | 0.66% | |
| 56 | IEFiShares 7-10 Year Treasury Bon | 424,458 | $49.0B | 0.65% | |
| 57 | NDSNNordson Corporation | 214,331 | $47.0B | 0.63% | |
| 58 | AXTAAxalta Coating Systems Limited | 1,455,437 | $44.4B | 0.59% | |
| 59 | FTDRFrontdoor Incorporated | 816,668 | $40.7B | 0.54% | |
| 60 | TROWT Rowe Price Group Incorporate | 197,784 | $39.2B | 0.52% | |
| 61 | ACNAccenture PLC | 130,215 | $38.4B | 0.51% | |
| 62 | DNBDun & Bradstreet Holdings | 1,787,724 | $38.2B | 0.51% | |
| 63 | CERNCHFCerner Corporation | 484,334 | $37.9B | 0.50% | |
| 64 | NKENike Incorporated | 236,785 | $36.6B | 0.49% | |
| 65 | EXPDExpeditors International of Wa | 282,935 | $35.8B | 0.48% | |
| 66 | SPDWSPDR Portfolio Developed World | 926,035 | $34.1B | 0.45% | |
| 67 | PPGPPG Industries Incorporated | 195,342 | $33.2B | 0.44% | |
| 68 | APDAir Products & Chemicals Incor | 111,879 | $32.2B | 0.43% | |
| 69 | ROKRockwell Automation Incorporat | 110,839 | $31.7B | 0.42% | |
| 70 | CNNECannae Holdings Incorporated | 920,747 | $31.2B | 0.41% | |
| 71 | AWCAmerican Water Works Company | 196,661 | $30.3B | 0.40% | |
| 72 | MDTMedtronic | 244,032 | $30.3B | 0.40% | |
| 73 | CBSHCommerce Bancshares Incorporat | 405,536 | $30.2B | 0.40% | |
| 74 | SCHWCharles Schwab | 405,942 | $29.6B | 0.39% | |
| 75 | DCIDonaldson Incorporated | 462,086 | $29.4B | 0.39% | |
| 76 | MCDMcDonald's Corporation | 126,876 | $29.3B | 0.39% | |
| 77 | DLTRDollar Tree Incorporated | 288,014 | $28.7B | 0.38% | |
| 78 | FISFidelity National Information | 197,087 | $27.9B | 0.37% | |
| 79 | PGProcter & Gamble Company | 206,545 | $27.9B | 0.37% | |
| 80 | CFRCullen Frost Bankers Incorpora | 241,125 | $27.0B | 0.36% | |
| 81 | MORNMorningstar Incorporated | 103,692 | $26.7B | 0.35% | |
| 82 | MBBiShares MBS ETF | 243,308 | $26.3B | 0.35% | |
| 83 | CLXThe Clorox Company | 140,743 | $25.3B | 0.34% | |
| 84 | MTBM&T Bank Corporation | 173,920 | $25.3B | 0.34% | |
| 85 | —SPDR Portfolio S&P 500 Value E | 634,735 | $25.1B | 0.33% | |
| 86 | BDXBecton Dickinson and Company | 102,382 | $24.9B | 0.33% | |
| 87 | GDGeneral Dynamics Corporation | 129,267 | $24.3B | 0.32% | |
| 88 | NVSNNovartis AG ADR | 265,378 | $24.2B | 0.32% | |
| 89 | HCSGHealthcare Services Group | 758,243 | $23.9B | 0.32% | |
| 90 | NJRNew Jersey Resources Corporati | 604,746 | $23.9B | 0.32% | |
| 91 | SLYVSPDR S&P 600 Small Cap Value E | 273,180 | $23.4B | 0.31% | |
| 92 | GTESGates Industrial | 1,230,989 | $22.2B | 0.30% | |
| 93 | BWINBRP Group | 792,531 | $21.1B | 0.28% | |
| 94 | IAU*iShares Gold Trust ETF | 600,099 | $20.2B | 0.27% | |
| 95 | IBDViShares iBonds Dec 2030 Term C | 741,374 | $18.9B | 0.25% | |
| 96 | IBDRiShares iBonds Dec 2026 Term C | 704,411 | $18.7B | 0.25% | |
| 97 | HXGBYHexagon AB | 1,233,396 | $18.3B | 0.24% | |
| 98 | RMAXRE/MAX Holdings Incorporated | 524,379 | $17.5B | 0.23% | |
| 99 | BSMYInvesco BulletShares 2025 Corp | 729,484 | $16.3B | 0.22% | |
| 100 | MLNVanEck Vectors Long Municipal | 737,297 | $16.2B | 0.21% |
Page 1 of 4Next