CONFLUENCE INVESTMENT MANAGEMENT LLC Q3 2017 Filing

Filed October 13, 2017

Portfolio Value

$5.2B

Holdings

239

Report Date

Q3 2017

Filing Type

13F-HR

All Holdings (239 positions)

StockValue
JNJJohnson & Johnson
$132.6M
PEPPepsico Inc.
$126.1M
DEODiageo (Adr 1:4)
$124.7M
PIIPolaris Industries
$115.6M
FASTFastenal Co.
$111.8M
MSFTMicrosoft Corp.
$110.0M
NTRSNorthern Trust Corporation
$106.7M
FNFFidelity National Financial In
$105.8M
CBChubb Limited
$104.0M
CVXChevron Corp.
$103.0M
MMM3M Company
$102.8M
PXGBXPraxair Inc.
$102.4M
PAYXPaychex Inc.
$102.2M
DowDuPont Inc
$98.7M
GGGGraco Inc.
$98.4M
SOSouthern Company
$98.0M
PGRProgressive Corp.
$97.9M
CLColgate-Palmolive Co.
$97.0M
IRMIron Mountain
$92.6M
MLMMartin Marietta Materials Inc.
$88.4M
RYNRayonier Inc.
$85.2M
PFEPfizer Inc.
$83.3M
GSKGlaxoSmithKline Plc (Adr 1:2)
$82.6M
ARCCAres Capital Corp.
$82.6M
KMIKinder Morgan Inc.
$81.6M
SYKStryker Corp.
$81.0M
KHCKraft Heinz Co.
$80.3M
BRBroadridge Financial Solutions
$79.8M
WYWeyerhaeuser Co.
$79.7M
MKLMarkel Corp.
$76.9M
CFRUYCompagnie Financiere Richemont
$74.9M
Colony Northstar Inc
$72.9M
GEGeneral Electric Company
$72.3M
AIGAmerican International Group I
$69.0M
Allergan Inc.
$65.4M
MAMastercard Inc. - A
$54.8M
DISCKUSDDiscovery Communications Inc.
$50.7M
FQIDigital Realty Trust Inc.
$48.5M
AXPAmerican Express Company
$48.0M
NXPINXP Semiconductors N.V.
$47.8M
Advisory Board Company
$46.6M
TJXTJX Companies
$44.3M
ADIAnalog Devices Inc.
$41.6M
ITWIllinois Tool Works Inc.
$41.4M
SBUXStarbucks Corporation
$39.2M
Natus Medical Inc.
$39.2M
SLBSchlumberger Ltd.
$39.1M
MSMMSC Industrial Direct Co. Inc.
$37.1M
BKIEURBlack Knight, Inc
$36.4M
TMOThermo Fisher Scientific Inc.
$35.9M
BRK/BBerkshire Hathaway Inc. - B
$34.5M
CHRWC.H. Robinson Worldwide Inc.
$34.4M
UTXZUnited Technologies Corp.
$32.8M
IEFiShares 7-10 Year Treasury Bon
$32.6M
WRBW.R. Berkley Corp.
$31.5M
LOWLowe's Companies Inc.
$28.1M
GOOGAlphabet Inc. - Class C
$27.7M
AXTAAxalta Coating Systems LTD
$27.0M
Express Scripts Inc.
$24.0M
BROBrown & Brown Inc.
$23.6M
MTS Systems Corp.
$19.8M
HDHome Depot Inc.
$19.6M
MBBiShares MBS Bond ETF
$19.4M
AQLTiShares Corporate ex Financial
$18.7M
MCDMcDonald's Corp.
$17.2M
Guggenheim BulletShares Invest
$17.0M
SEICSEI Investments Company
$16.9M
LMTLockheed Martin Corp
$16.9M
ROSTRoss Stores
$16.7M
BDXBecton Dickinson and Company
$16.5M
CBSHCommerce Bancshares Inc.
$16.4M
NJRNew Jersey Resources Corp.
$16.2M
TROWT. Rowe Price Group Inc.
$16.1M
GDGeneral Dynamics Corp.
$16.0M
DCIDonaldson Inc.
$15.9M
MTBM&T Bank Corp.
$15.8M
MDTMedtronic
$15.3M
IBDRiShares Corporate iBonds ETF 2
$15.1M
SPIBSPDR Interm. Term Corporate Bo
$15.0M
CLXThe Clorox Company
$15.0M
TLTBarclays 20 Plus Year Treasury
$14.9M
APDAir Products & Chemicals Inc.
$14.5M
PGProcter & Gamble Company
$14.5M
NSRGYNestle SA
$14.4M
MDUMDU Resources Group Inc.
$14.3M
NVSNNovartis AG - ADR
$13.7M
CFRCullen Frost Bankers Inc.
$13.4M
AQLTiShares Corporate Bond ETF 202
$13.2M
XOMExxon Mobil Corp.
$13.1M
NMFCNew Mountain Finance Corp.
$13.1M
EXPDExpeditors International of Wa
$13.1M
GBDCGolub Capital BDC Inc.
$12.7M
TCP Capital Corp.
$12.3M
MORNMorningstar Inc.
$11.7M
NKENike Inc. - B
$11.7M
JWNUSDNordstrom Inc.
$10.9M
SLRCSolar Capital Ltd.
$10.6M
HTGCHercules Technology Growth Cap
$9.9M
THL Credit, Inc.
$9.9M
PDCOEURPatterson Companies Inc.
$9.3M
Page 1 of 3Next