CONFLUENCE INVESTMENT MANAGEMENT LLC Q3 2025 Filing
Filed October 14, 2025
Portfolio Value
$7.0B
Holdings
294
Report Date
Q3 2025
Filing Type
13F-HR
All Holdings (294 positions)
| Stock | Value |
|---|---|
JBTJBT Marel Corp. | $12.0M |
BWINBaldwin Insurance Group Inc. | $11.5M |
IBMSiShares iBonds Dec 2029 Term T | $11.4M |
SPYSPDR S&P 500 ETF | $11.4M |
DFNMDimensional National Municipal | $10.4M |
IBTHiShares iBonds Dec 2027 Term T | $10.3M |
IBDTiShares iBonds Dec 2028 Term C | $10.2M |
IBDSiShares iBonds Dec 2027 Term C | $10.1M |
TRIPTripAdvisor Inc. | $9.8M |
IBMSiShares iBonds Dec 2032 Term T | $9.7M |
SDYSPDR S&P Dividend ETF | $9.5M |
SHLDGlobal X Defense Tech ETF | $9.4M |
AVDVAvantis International Small Ca | $8.7M |
BSMYInvesco BulletShares 2034 Muni | $8.3M |
MTNVail Resorts Inc. | $8.2M |
IBHGiShares iBonds Dec 2030 Term T | $7.6M |
CVCOCavco Industries Inc. | $7.1M |
MAINMain Street Capital Corp. | $6.5M |
IGSBiShares 1-5 Year Investment Gr | $6.4M |
BSSXInvesco Bulletshares 2033 Muni | $6.3M |
IBHGiShares iBonds Dec 2031 Term T | $6.1M |
BSMRInvesco BulletShares 2027 Muni | $6.0M |
HTGCHercules Capital Inc. | $5.7M |
CNMDCONMED Corp. | $5.7M |
TSLXSixth Street Specialty Lending | $5.3M |
PZAPowershares Insured National M | $5.1M |
GBDCGolub Capital BDC Inc. | $5.0M |
BXSLBlackstone Secured Lending Fun | $4.1M |
MLNVanEck Vectors Long Municipal | $4.0M |
IWDiShares Russell 1000 Value ETF | $3.9M |
BRK-BBerkshire Hathaway Inc. - A | $3.8M |
AEMAgnico Eagle Mines Ltd. | $3.7M |
KNKnowles Corp. | $3.3M |
OBDCBlue Owl Capital Corp. | $3.3M |
GTESGates Industrial Corp. plc | $3.2M |
STCStewart Information Services C | $3.2M |
IIIVi3 Verticals Inc. | $3.2M |
BBDCBarings BDC Inc. | $3.2M |
NMFCNew Mountain Finance Corp. | $3.1M |
HGTYHagerty Inc. | $3.0M |
BSMYInvesco BulletShares 2028 Muni | $3.0M |
TLTiShares 20Plus Year Treasury B | $2.9M |
SHMSPDR Nuveen Barclays Capital S | $2.9M |
RBCRBC Bearings Inc. | $2.9M |
AIFAltus Group Ltd. | $2.9M |
BSMYInvesco BulletShares 2031 Muni | $2.8M |
BSMUInvesco BulletShares 2030 Muni | $2.8M |
MOVMovado Group Inc. | $2.7M |
HYMBSPDR Nuveen S&P High Yield Mun | $2.7M |
HAYWHayward Holdings Inc. | $2.5M |
BSMQInvesco BulletShares 2026 Muni | $2.5M |
BSMTInvesco BulletShares 2029 Muni | $2.5M |
MUBiShares National Muni Bond ETF | $2.4M |
TSMTaiwan Semiconductor Manufactu | $2.4M |
FSKFS KKR Capital Corp. | $2.4M |
IBMQiShares iBonds Dec 2028 Term M | $2.3M |
UFPIUFP Industries Inc | $2.2M |
RLIRLI Corp. | $2.1M |
HTOH2O America | $2.1M |
ENOVEnovis Corp. | $2.0M |
FSPFranklin Street Properties Cor | $2.0M |
SPBSpectrum Brands Holdings Inc. | $2.0M |
CSWCCapital Southwest Corp. | $1.9M |
IBMRiShares iBonds Dec 2029 Term M | $1.9M |
UFPTUFP Technologies Inc. | $1.9M |
HAEHaemonetics Corp. | $1.8M |
CNNECannae Holdings Inc. | $1.8M |
IBMOiShares iBonds Dec 2026 Term M | $1.7M |
SDZNYSandoz Group | $1.7M |
WGOWinnebago Industries Inc. | $1.7M |
MUFGMitsubishi UFJ Financial | $1.6M |
FFC0Oaktree Specialty Lending Corp | $1.6M |
MFICMidCap Financial Investment Co | $1.6M |
PPLTAberdeen Standard Physical Pla | $1.5M |
AERAerCap Holdings N.V. | $1.5M |
EPCEdgewell Personal Care Co. | $1.5M |
MRTNMarten Transport Ltd. | $1.5M |
CNRCore Natural Resources Inc. | $1.4M |
SAFRYSafran S.A. | $1.4M |
BCSFBain Capital Specialty Finance | $1.4M |
NTDOYNintendo Co. Ltd. | $1.4M |
SONYSony Group Corp. | $1.4M |
—DBS Group Holdings Ltd. | $1.4M |
GSBDGoldman Sachs BDC Inc. | $1.4M |
INGING Groep N.V. | $1.4M |
—BAE Systems plc | $1.4M |
LFUSLittelfuse Inc. | $1.4M |
SAPSAP S.E. | $1.4M |
ZURVYZurich Insurance Group A.G. | $1.4M |
BSMWInvesco BulletShares 2032 Munc | $1.3M |
JJSFJ & J Snack Foods Corp. | $1.3M |
JBSSJohn B Sanfilippo & Son Inc. | $1.3M |
RNMBYRheinmetall AG | $1.3M |
DSCSYDisco Corp. | $1.3M |
SESea Ltd. | $1.3M |
ASMLASML Holding N.V. | $1.2M |
TTNDYTechtronic Industries Co. Ltd. | $1.2M |
HKXCYHong Kong Exchanges and Cleari | $1.2M |
WTWWillis Towers Watson plc | $1.2M |
AOUTAmerican Outdoor Brands Inc. | $1.2M |