CONFLUENCE INVESTMENT MANAGEMENT LLC Q3 2018 Filing
Filed October 25, 2018
Portfolio Value
$5.9T
Holdings
310
Report Date
Q3 2018
Filing Type
13F-HR
All Holdings (310 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 101 | SLRCSolar Capital Ltd. | 487,121 | $10.4B | 0.18% | |
| 102 | BBDCBarings BDC Inc | 1,024,017 | $10.3B | 0.17% | |
| 103 | TPVGTriplePoint Venture Growth BDC | 695,008 | $9.4B | 0.16% | |
| 104 | —iShares Corporate ex Financial | 366,342 | $9.0B | 0.15% | |
| 105 | TFISPDR Nuveen Barclays Capital M | 188,040 | $8.9B | 0.15% | |
| 106 | MLNVanEck Vectors Long Municipal | 450,883 | $8.7B | 0.15% | |
| 107 | GTESGates Industrial | 443,359 | $8.6B | 0.15% | |
| 108 | —THL Credit, Inc. | 1,070,037 | $8.6B | 0.15% | |
| 109 | IJSS&P SmallCap 600 Value Index F | 50,711 | $8.5B | 0.14% | |
| 110 | IBDSiShares iBonds Dec 2027 Term C | 354,430 | $8.3B | 0.14% | |
| 111 | IBDQiShares iBonds Dec 2025 Term C | 347,920 | $8.3B | 0.14% | |
| 112 | VWOVanguard MSCI Emerging Markets | 185,301 | $7.6B | 0.13% | |
| 113 | SCMStellus Capital Investment | 552,736 | $7.5B | 0.13% | |
| 114 | TSLXUSDTPG Specialty Lending, Inc. | 359,982 | $7.3B | 0.13% | |
| 115 | IGLBiShares Long-Term Corporate Bo | 124,558 | $7.3B | 0.12% | |
| 116 | IJKS&P MidCap 400 Growth Index Fu | 31,091 | $7.2B | 0.12% | |
| 117 | PNNTPennantPark Investment Corp. | 919,748 | $6.9B | 0.12% | |
| 118 | MOVMovado Group Inc. | 161,271 | $6.8B | 0.12% | |
| 119 | —Cambrex Corp | 95,363 | $6.5B | 0.11% | |
| 120 | TWOTwo Harbors Investment Corp. | 436,255 | $6.5B | 0.11% | |
| 121 | JBTJohn Bean Technologies Corp. | 53,377 | $6.4B | 0.11% | |
| 122 | ALNTAllied Motion Technologies Inc | 116,371 | $6.3B | 0.11% | |
| 123 | THRThermon Group Holdings Inc. | 244,251 | $6.3B | 0.11% | |
| 124 | —Raven Industries Inc. | 136,919 | $6.3B | 0.11% | |
| 125 | FWRDUSDForward Air Corp. | 87,056 | $6.2B | 0.11% | |
| 126 | BMRCBank of Marin (CA) | 73,284 | $6.1B | 0.10% | |
| 127 | CNNECannae Holdings Inc | 292,085 | $6.1B | 0.10% | |
| 128 | HTOSJW Group | 100,065 | $6.1B | 0.10% | |
| 129 | KAIKadant Inc | 56,370 | $6.1B | 0.10% | |
| 130 | NWNNorthwest Natural Holding Co | 89,544 | $6.0B | 0.10% | |
| 131 | RCOResources Connection Inc | 344,175 | $5.7B | 0.10% | |
| 132 | ELFElf Beauty Inc | 427,857 | $5.4B | 0.09% | |
| 133 | —Neenah Ppaper Inc | 62,874 | $5.4B | 0.09% | |
| 134 | RMAXRE/MAX Holdings Inc. | 121,843 | $5.4B | 0.09% | |
| 135 | —Monotype Imaging Holdings Inc. | 265,428 | $5.4B | 0.09% | |
| 136 | —Invesco BulletShares 2020 | 254,109 | $5.4B | 0.09% | |
| 137 | —Invesco BulletShares 2022 | 256,846 | $5.3B | 0.09% | |
| 138 | GOODGladstone Commercial Corp. | 275,525 | $5.3B | 0.09% | |
| 139 | OFSOFS Capital Corp. | 440,200 | $5.2B | 0.09% | |
| 140 | IAUUSDiShares Gold Trust | 447,326 | $5.1B | 0.09% | |
| 141 | ACWXiShares MSCI ACWI EX US ETF | 107,002 | $5.1B | 0.09% | |
| 142 | —Luxoft Holding Inc | 106,740 | $5.1B | 0.09% | |
| 143 | —iShares iBonds Sep 2020 Amt Fr | 198,834 | $5.0B | 0.09% | |
| 144 | IPHSEURInnophos Holdings Inc | 112,424 | $5.0B | 0.09% | |
| 145 | NLYEURAnnaly Capital Management Inc. | 486,456 | $5.0B | 0.08% | |
| 146 | IJJS&P MidCap 400 Value Index Fun | 29,733 | $5.0B | 0.08% | |
| 147 | AQLTiShares iBonds Dec 2024 Term M | 196,669 | $4.9B | 0.08% | |
| 148 | AQLTiShares Muni Bond 2023 | 198,033 | $4.9B | 0.08% | |
| 149 | VBTXVeritex Holdings | 172,354 | $4.9B | 0.08% | |
| 150 | —iShares iBonds Dec 2021 Term C | 193,345 | $4.7B | 0.08% | |
| 151 | —iShares iBonds Dec 2021 AMT-Fr | 184,848 | $4.7B | 0.08% | |
| 152 | VGKEuropean ETF - Vanguard | 82,774 | $4.7B | 0.08% | |
| 153 | —iShares iBonds Dec 2022 AMT-Fr | 181,888 | $4.6B | 0.08% | |
| 154 | PTBPotbelly Corp. | 374,524 | $4.6B | 0.08% | |
| 155 | MUBiShares National AMT-Free Muni | 40,465 | $4.4B | 0.07% | |
| 156 | SPYS&P 500 - SPDR | 15,008 | $4.4B | 0.07% | |
| 157 | VREXVarex Imaging Corp | 145,176 | $4.2B | 0.07% | |
| 158 | IEMGiShares Core MSCI Emerging Mar | 79,876 | $4.1B | 0.07% | |
| 159 | ASTEAstec Industries | 81,610 | $4.1B | 0.07% | |
| 160 | FSICUSDFS Investment Corp. | 580,432 | $4.1B | 0.07% | |
| 161 | —Apollo Investment Corp. | 751,943 | $4.1B | 0.07% | |
| 162 | RBCRBC Bearings Incorporated | 26,474 | $4.0B | 0.07% | |
| 163 | GSBDGoldman Sachs BDC Inc. | 171,918 | $3.8B | 0.06% | |
| 164 | SPDWSPDR Portfolio World Ex US ETF | 123,458 | $3.8B | 0.06% | |
| 165 | BSMYInvesco BulletShares 2025 | 176,681 | $3.5B | 0.06% | |
| 166 | IIIVI3 Verticals Inc | 150,439 | $3.5B | 0.06% | |
| 167 | MAINMain Street Capital Corp. | 86,101 | $3.3B | 0.06% | |
| 168 | CULPCulp Inc. | 134,681 | $3.3B | 0.06% | |
| 169 | IAUiShares iBonds Dec 2023 Term C | 118,668 | $2.9B | 0.05% | |
| 170 | PAHCPhibro Animal Health Corp Clas | 66,929 | $2.9B | 0.05% | |
| 171 | ICLRIcon PLC | 17,958 | $2.8B | 0.05% | |
| 172 | USCRUS Concrete Inc | 58,309 | $2.7B | 0.05% | |
| 173 | GOOGLAlphabet Inc. - Class A | 2,055 | $2.5B | 0.04% | |
| 174 | LVMUYLVMH Moet Hennessy Louis Vuitt | 29,547 | $2.1B | 0.04% | |
| 175 | TLHiShares Barclays 10-20 Year Tr | 15,668 | $2.0B | 0.03% | |
| 176 | —CM Finance Inc. | 228,413 | $2.0B | 0.03% | |
| 177 | ECEcopetrol SA | 72,130 | $1.9B | 0.03% | |
| 178 | SHOPShopify Inc | 11,729 | $1.9B | 0.03% | |
| 179 | WCNWaste Connections, INC. | 23,945 | $1.9B | 0.03% | |
| 180 | MCCUSDMedley Capital Corp. | 486,714 | $1.9B | 0.03% | |
| 181 | BABAAlibaba Group Holding Ltd | 11,263 | $1.9B | 0.03% | |
| 182 | SONYSony Corp. ADS | 30,548 | $1.9B | 0.03% | |
| 183 | RDS/ARoyal Dutch Shell PLC - Cl A | 26,949 | $1.8B | 0.03% | |
| 184 | DSDVYDSV A/S-Unsponsored ADR | 38,082 | $1.7B | 0.03% | |
| 185 | RIORio Tinto PLC | 31,927 | $1.6B | 0.03% | |
| 186 | BRK-BBerkshire Hathaway Inc. - Clas | 5 | $1.6B | 0.03% | |
| 187 | IYFDow Jones US Financial Sector | 12,807 | $1.6B | 0.03% | |
| 188 | FSC1EUROaktree Specialty Lending Corp | 310,809 | $1.5B | 0.03% | |
| 189 | EEMSiShares MSCI Emerging Markets | 33,507 | $1.5B | 0.03% | |
| 190 | CIKCredit Suisse Group AG | 102,547 | $1.5B | 0.03% | |
| 191 | —DBS GROUP HOLDINGS-SPON ADR | 19,508 | $1.5B | 0.03% | |
| 192 | AAGIYAIA Group Lrd | 41,652 | $1.5B | 0.03% | |
| 193 | BPBP PLC (Adr 1:6) | 31,509 | $1.5B | 0.02% | |
| 194 | ESLTElbit Systems Ltd | 11,447 | $1.4B | 0.02% | |
| 195 | XLEEnergy Select Sector - SPDR | 18,842 | $1.4B | 0.02% | |
| 196 | APTVAPTIV PLC | 17,002 | $1.4B | 0.02% | |
| 197 | INGING Groep NV | 109,661 | $1.4B | 0.02% | |
| 198 | SMFGSumitomo Mitsui-Spons ADR | 174,529 | $1.4B | 0.02% | |
| 199 | UOVEYUnited Overseas Bank Limited | 35,034 | $1.4B | 0.02% | |
| 200 | EQNREquinor ASA | 48,656 | $1.4B | 0.02% |