CONFLUENCE INVESTMENT MANAGEMENT LLC Q2 2024 Filing
Filed July 1, 2024
Portfolio Value
$6.9B
Holdings
299
Report Date
Q2 2024
Filing Type
13F-HR
All Holdings (299 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 101 | KDPKeurig Dr. Pepper Inc. | 372,515 | $12.4B | 179.56% | |
| 102 | BWINBaldwin Group | 345,789 | $12.3B | 177.01% | |
| 103 | URAGlobal X Uranium ETF | 419,064 | $12.1B | 175.09% | |
| 104 | SPYGSPDR Portfolio S&P 500 Growth | 143,572 | $11.5B | 166.03% | |
| 105 | DDDuPont de Nemours Inc. | 140,013 | $11.3B | 162.64% | |
| 106 | DFNMDimensional National Municipal | 229,615 | $11.0B | 158.30% | |
| 107 | KMXCarMax Inc. | 147,804 | $10.8B | 156.44% | |
| 108 | JBTJohn Bean Technologies Corp. | 112,358 | $10.7B | 154.00% | |
| 109 | AZEKAzek Co. Inc. | 247,683 | $10.4B | 150.60% | |
| 110 | IBTIiShares iBonds Dec 2028 Term T | 446,424 | $9.7B | 140.65% | |
| 111 | IBMSiShares iBonds Dec 2032 Term T | 430,111 | $9.7B | 139.29% | |
| 112 | PZAPowershares Insured National M | 358,445 | $8.5B | 122.50% | |
| 113 | FLJPFranklin FTSE Japan ETF | 286,229 | $8.2B | 118.80% | |
| 114 | TLHiShares Barclays 10-20 Year Tr | 78,477 | $8.1B | 116.31% | |
| 115 | IBDYiShares iBonds Dec 2033 Term C | 318,866 | $8.0B | 115.97% | |
| 116 | SPIBSPDR Portfolio Intermediate Te | 244,519 | $8.0B | 114.90% | |
| 117 | LWLamb Weston Holdings Inc. | 94,400 | $7.9B | 114.55% | |
| 118 | IBHGiShares iBonds Dec 2030 Term T | 406,830 | $7.8B | 113.17% | |
| 119 | IBMSiShares iBonds Dec 2029 Term T | 365,644 | $7.8B | 112.77% | |
| 120 | HTGCHercules Capital Inc. | 379,548 | $7.8B | 112.02% | |
| 121 | HYMBSPDR Nuveen S&P High Yield Mun | 273,868 | $7.0B | 100.55% | |
| 122 | IIIVi3 Verticals Inc. | 306,540 | $6.8B | 97.68% | |
| 123 | BSMYInvesco BulletShares 2028 Muni | 286,386 | $6.7B | 96.01% | |
| 124 | MAINMain Street Capital Corp. | 130,308 | $6.6B | 94.95% | |
| 125 | BSMRInvesco BulletShares 2027 Muni | 258,410 | $6.1B | 87.57% | |
| 126 | BSMYInvesco BulletShares 2031 Muni | 282,488 | $5.9B | 85.45% | |
| 127 | BXSLBlackstone Secured Lending Fun | 189,988 | $5.8B | 83.96% | |
| 128 | BSMQInvesco BulletShares 2026 Muni | 233,838 | $5.5B | 79.29% | |
| 129 | QQQInvesco BulletShares 2025 Muni | 225,588 | $5.5B | 79.08% | |
| 130 | IBDQiShares iBonds Dec 2025 Term C | 214,998 | $5.3B | 77.14% | |
| 131 | GBDCGolub Capital BDC Inc. | 336,119 | $5.3B | 76.21% | |
| 132 | TSLXSixth Street Specialty Lending | 246,659 | $5.3B | 76.00% | |
| 133 | ITA*iShares US Aerospace & Defense | 39,451 | $5.2B | 75.18% | |
| 134 | NMFCNew Mountain Finance Corp. | 423,578 | $5.2B | 74.82% | |
| 135 | BBDCBarings BDC Inc. | 509,447 | $5.0B | 71.54% | |
| 136 | UFPTUFP Technologies Inc. | 17,462 | $4.6B | 66.50% | |
| 137 | RBCRBC Bearings Inc. | 15,628 | $4.2B | 60.85% | |
| 138 | XLESPDR Energy Select Sector ETF | 44,153 | $4.0B | 58.08% | |
| 139 | IBDSiShares iBonds Dec 2027 Term C | 169,131 | $4.0B | 57.92% | |
| 140 | IEIiShares 3-7 Year Treasury Bond | 34,289 | $4.0B | 57.14% | |
| 141 | KAIKadant Inc. | 13,293 | $3.9B | 56.36% | |
| 142 | SPBSpectrum Brands Holdings Inc. | 44,622 | $3.8B | 55.34% | |
| 143 | SPNSSapiens International Corp NV | 112,579 | $3.8B | 55.13% | |
| 144 | HGTYHagerty Inc. | 362,936 | $3.8B | 54.47% | |
| 145 | SHMSPDR Nuveen Barclays Capital S | 79,814 | $3.8B | 54.36% | |
| 146 | STCStewart Information Services C | 58,995 | $3.7B | 52.86% | |
| 147 | PRFTUSDPerficient Inc. | 47,861 | $3.6B | 51.66% | |
| 148 | HACKAmplify Cyber Security ETF | 54,787 | $3.5B | 51.18% | |
| 149 | CVCOCavco Industries Inc. | 10,234 | $3.5B | 51.13% | |
| 150 | CNMDCONMED Corp. | 50,861 | $3.5B | 50.88% | |
| 151 | QQQInvesco BulletShares 2024 Muni | 141,224 | $3.5B | 50.59% | |
| 152 | EPCEdgewell Personal Care Co. | 87,142 | $3.5B | 50.54% | |
| 153 | OWLBlue Owl Capital Corp III | 233,159 | $3.5B | 50.37% | |
| 154 | BAMBrookfield Asset Management | 89,891 | $3.4B | 49.36% | |
| 155 | TRIPTripAdvisor Inc. | 174,115 | $3.1B | 44.75% | |
| 156 | BRK-BBerkshire Hathaway Inc. - A | 5 | $3.1B | 44.18% | |
| 157 | SLRCSLR Investment Corp. | 185,372 | $3.0B | 43.05% | |
| 158 | HTOSJW Group | 54,391 | $2.9B | 42.56% | |
| 159 | —BlackRock TCP Capital Corp. | 267,248 | $2.9B | 41.65% | |
| 160 | MRTNMarten Transport Ltd. | 155,847 | $2.9B | 41.50% | |
| 161 | JJSFJ & J Snack Foods Corp. | 17,690 | $2.9B | 41.45% | |
| 162 | GSBDGoldman Sachs BDC Inc. | 190,241 | $2.9B | 41.27% | |
| 163 | CLBCore Laboratories N.V. | 140,672 | $2.9B | 41.19% | |
| 164 | BSMTInvesco BulletShares 2029 Muni | 123,985 | $2.8B | 41.00% | |
| 165 | WGOWinnebago Industries Inc. | 51,568 | $2.8B | 40.34% | |
| 166 | MOVMovado Group Inc. | 112,158 | $2.8B | 40.24% | |
| 167 | HAYWHayward Holdings Inc. | 225,290 | $2.8B | 39.99% | |
| 168 | ECVTEcovyst Inc. | 308,912 | $2.8B | 39.99% | |
| 169 | SIVRabrdn Physical Silver Shares E | 96,089 | $2.7B | 38.61% | |
| 170 | NLYAnnaly Capital Management Inc. | 135,648 | $2.6B | 37.31% | |
| 171 | CSWCCapital Southwest Corp. | 97,212 | $2.5B | 36.60% | |
| 172 | MGPIMGP Ingredients Inc. | 33,837 | $2.5B | 36.33% | |
| 173 | JBSSJohn B Sanfilippo & Son Inc. | 24,336 | $2.4B | 34.13% | |
| 174 | PNNTPennantPark Investment Corp. | 299,967 | $2.3B | 32.68% | |
| 175 | FFC0Oaktree Specialty Lending Corp | 120,283 | $2.3B | 32.65% | |
| 176 | MUBiShares National Muni Bond ETF | 20,028 | $2.1B | 30.80% | |
| 177 | CNNECannae Holdings Inc. | 113,871 | $2.1B | 29.81% | |
| 178 | ALNTAllient Inc. | 81,731 | $2.1B | 29.81% | |
| 179 | NCDLNuveen Churchill Direct Lendin | 117,085 | $2.0B | 29.40% | |
| 180 | BCSFBain Capital Specialty Finance | 118,519 | $1.9B | 27.90% | |
| 181 | FSPFranklin Street Properties Cor | 1,231,656 | $1.9B | 27.20% | |
| 182 | TSMTaiwan Semiconductor Manufactu | 10,700 | $1.9B | 26.84% | |
| 183 | AOUTAmerican Outdoor Brands Inc. | 206,013 | $1.9B | 26.76% | |
| 184 | HCSGHealthcare Services Group Inc. | 170,986 | $1.8B | 26.11% | |
| 185 | IBMOiShares iBonds Dec 2026 Term M | 70,934 | $1.8B | 25.92% | |
| 186 | SHELShell plc | 22,603 | $1.6B | 23.55% | |
| 187 | NVONovo Nordisk A.S. | 11,264 | $1.6B | 23.20% | |
| 188 | KBDCKayne Anderson BDC | 90,000 | $1.4B | 20.72% | |
| 189 | PSBDPalmer Square Capital BDC Inc. | 85,240 | $1.4B | 19.88% | |
| 190 | BXBlackstone Group LP | 11,000 | $1.4B | 19.65% | |
| 191 | CCAPCrescent Capital BDC Inc. | 71,623 | $1.3B | 19.41% | |
| 192 | AEMAgnico Eagle Mines Ltd. | 19,348 | $1.3B | 18.26% | |
| 193 | ICLRICON plc | 3,894 | $1.2B | 17.62% | |
| 194 | BCICPortman Ridge Finance Corp. | 59,679 | $1.2B | 16.90% | |
| 195 | RIORio Tinto plc | 17,095 | $1.1B | 16.27% | |
| 196 | RNMBYRheinmetall AG | 11,008 | $1.1B | 16.15% | |
| 197 | AERAerCap Holdings N.V. | 11,726 | $1.1B | 15.77% | |
| 198 | AQLTiShares iBonds Dec 2024 Term M | 40,185 | $1.0B | 15.10% | |
| 199 | CCOCameco Corp. | 21,259 | $1.0B | 15.09% | |
| 200 | MUFGMitsubishi UFJ Financial | 96,060 | $1.0B | 14.97% |