CONFLUENCE INVESTMENT MANAGEMENT LLC Q4 2019 Filing

Filed January 29, 2020

Portfolio Value

$6.8B

Holdings

283

Report Date

Q4 2019

Filing Type

13F-HR

All Holdings (283 positions)

StockValue
BSMYInvesco BulletShares 2025
$14.7M
IBDTiShares iBonds Dec 2028 Term C
$14.7M
AQLTiShares Corporate Bond ETF 202
$14.4M
BIZDVanEck Vectors BDC Income ETF
$13.6M
IBDSiShares iBonds Dec 2027 Term C
$12.6M
GBDCGolub Capital BDC Inc.
$11.4M
NMFCNew Mountain Finance Corp.
$11.2M
AVNSAvanos Medical Inc.
$11.0M
IJKS&P MidCap 400 Growth Index Fu
$10.9M
TCP Capital Corp.
$10.8M
HTGCHercules Technology Growth Cap
$10.5M
Invesco BulletShares 2024
$10.5M
Invesco BulletShares 2022
$10.3M
Invesco BulletShares 2021
$10.2M
IUSViShares Core US Values - ETF
$9.6M
SLRCSolar Capital Ltd.
$9.0M
BBDCBarings BDC Inc
$9.0M
IGIBiShares Intermediate Term Corp
$8.7M
GTESGates Industrial
$7.7M
PDCOEURPatterson Companies Inc.
$7.7M
TPVGTriplePoint Venture Growth BDC
$7.6M
ALNTAllied Motion Technologies Inc
$7.4M
IIIVI3 Verticals Inc
$7.3M
MFICApollo Investment Corp.
$7.2M
HTOSJW Group
$7.2M
TSLXUSDTPG Specialty Lending, Inc.
$6.8M
NWNNorthwest Natural Holding Co
$6.7M
THRThermon Group Holdings Inc.
$6.6M
JBTJohn Bean Technologies Corp.
$6.5M
NLYEURAnnaly Capital Management Inc.
$6.5M
KAIKadant Inc
$6.4M
SCMStellus Capital Investment
$6.4M
TWOTwo Harbors Investment Corp.
$6.4M
FWRDUSDForward Air Corp.
$6.2M
GOODGladstone Commercial Corp.
$6.0M
RBCRBC Bearings Incorporated
$6.0M
James River Group Holdings Ltd
$6.0M
MTS Systems Corp.
$6.0M
PNNTPennantPark Investment Corp.
$5.8M
VNQREIT Index - Vanguard
$5.8M
BMRCBank of Marin (CA)
$5.8M
OFSOFS Capital Corp.
$5.6M
VBTXVeritex Holdings
$5.6M
RCOResources Connection Inc
$5.6M
HCSGHealthcare Services Group
$5.5M
HXGBYHexagon AB
$5.5M
SPYS&P 500 - SPDR
$5.4M
SPHQPowershares S&P 500 Quality Po
$5.3M
Neenah Paper Inc
$5.2M
IBMQiShares iBonds Dec 2028 Term M
$5.2M
MLMMartin Marietta Materials Inc.
$5.1M
GSBDGoldman Sachs BDC Inc.
$5.0M
Natus Medical Inc.
$5.0M
VREXVarex Imaging Corp
$4.8M
IGLBiShares Long-Term Corporate Bo
$4.8M
IPHSEURInnophos Holdings Inc
$4.8M
IBMPIshares Ibonds Dec 2027 Term M
$4.7M
SPTISpdr Portfolio Intermediate Te
$4.6M
XLVHealth Care Select Sector - SP
$4.4M
XLFIConsumer Staples Select Sector
$4.2M
IAUiShares iBonds Dec 2025 Term M
$3.8M
AQLTiShares iBonds Dec 2024 Term M
$3.8M
IBMOIshares Ibonds Dec 2026 Term M
$3.7M
iShares iBonds Dec 2021 AMT-Fr
$3.6M
iShares iBonds Dec 2022 AMT-Fr
$3.6M
AQLTiShares Muni Bond 2023
$3.6M
MOVMovado Group Inc.
$3.6M
PAHCPhibro Animal Health Corp Clas
$3.5M
MAINMain Street Capital Corp.
$3.4M
XLKTechnology Select Sector SPDR
$2.8M
USCRUS Concrete Inc
$2.7M
TFISPDR Nuveen Barclays Capital M
$2.6M
MUBiShares National AMT-Free Muni
$2.5M
GOOGLAlphabet Inc. - Class A
$2.4M
IWDRussell 1000 Value Index - iSh
$2.3M
ICLRIcon PLC
$2.2M
IWNRussell 2000 Value Index - iSh
$2.1M
GSKGlaxoSmithKline Plc (Adr 1:2)
$2.1M
CSWCCapital Southwest Corp.
$2.0M
Alcentra Capital Corporation
$2.0M
LVMUYLVMH Moet Hennessy Louis Vuitt
$2.0M
IBDQiShares iBonds Dec 2025 Term C
$1.9M
PFLTPennantPark Floating Rate Capi
$1.8M
BABAAlibaba Group Holding Ltd
$1.8M
BCSFBain Capital Specialty Finance
$1.7M
BRK-BBerkshire Hathaway Inc. - Clas
$1.7M
DSDVYDSV Panalpina
$1.7M
TSMTaiwan Semiconductor Manufactu
$1.6M
SONYSony Corp. ADS
$1.6M
AAGIYAIA Group Ltd
$1.6M
WCNWaste Connections, INC.
$1.6M
FNVFranco-Nevada Corp.
$1.5M
SHOPShopify Inc
$1.5M
CYBRCyberark Software Ltd
$1.5M
ICMBInvestcorp Credit Management B
$1.4M
NATHNathan's Famous Inc
$1.4M
FSC1EUROaktree Specialty Lending Corp
$1.4M
ESLTElbit Systems Ltd
$1.3M
IAUiShares iBonds Dec 2023 Term C
$1.3M
ZTOZTO Express Cayman Inc
$1.2M
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