CONFLUENCE INVESTMENT MANAGEMENT LLC Q4 2020 Filing

Filed January 25, 2021

Portfolio Value

$6.7B

Holdings

302

Report Date

Q4 2020

Filing Type

13F-HR

All Holdings (302 positions)

StockValue
BSMYInvesco BulletShares 2025
$15.5B
MLNVanEck Vectors Long Municipal
$14.8B
IBDTiShares iBonds Dec 2028 Term C
$13.5B
SPDWSPDR Portfolio World Ex US ETF
$13.0B
MDYVSPDR S&P 400 Mid Cap Value
$12.9B
MDYGDow Jones Mid Cap Growth ETF -
$12.4B
DDDupont De Nemurs Inc
$12.4B
IBDSiShares iBonds Dec 2027 Term C
$11.2B
Invesco BulletShares 2024
$11.1B
AQLTiShares iBonds Dec 2023 Term T
$10.2B
IBTGiShares iBonds Dec 2026 Term T
$9.6B
IBMSiShares iBonds Dec 2029 Term T
$9.5B
SLYVSPDR S&P 600 Small CapValue ET
$9.1B
SLYGS&P 600 Small Cap Growth - SPD
$9.0B
IBDUiShares iBonds December 2029 T
$8.9B
GTESGates Industrial
$8.7B
TLTBarclays 20 Plus Year Treasury
$8.2B
AQLTiShares iBonds Dec 2025 Term T
$8.2B
IBTEiShares iBonds Dec 2024 Term T
$8.1B
KAIKadant Inc
$7.8B
IIIVI3 Verticals Inc
$7.4B
VNQREIT Index - Vanguard
$7.4B
ALNTAllied Motion Technologies Inc
$7.0B
RBCRBC Bearings Incorporated
$6.9B
HTOSJW Group
$6.5B
HTGCHercules Technology Growth Cap
$6.5B
James River Group Holdings Ltd
$6.5B
JBTJohn Bean Technologies Corp.
$6.5B
WGOWinnebago Industries Inc
$6.0B
NMFCNew Mountain Finance Corp.
$5.9B
IEMGiShares Core MSCI Emerging Mar
$5.9B
FAROFaro Technologies Inc
$5.8B
LQDiShares iBoxx Corporate Bond E
$5.6B
EPCEdgewell Personal Care Company
$5.6B
IBMQiShares iBonds Dec 2028 Term M
$5.6B
SPYS&P 500 - SPDR
$5.5B
VBTXVeritex Holdings
$5.3B
FWRDUSDForward Air Corp.
$5.3B
SLRCSolar Capital Ltd.
$5.2B
TCP Capital Corp.
$5.2B
GOODGladstone Commercial Corp.
$5.2B
GBDCGolub Capital BDC Inc.
$5.2B
MOVMovado Group Inc.
$5.1B
MAINMain Street Capital Corp.
$5.1B
TSLXSixth Street Specialty Lending
$5.0B
VTRSViatris
$4.9B
BBDCBarings BDC Inc
$4.9B
IBMPIshares Ibonds Dec 2027 Term M
$4.7B
BMRCBank of Marin (CA)
$4.6B
JJSFJ & J Snack Foods Corp
$4.5B
Neenah Paper Inc
$4.4B
TPVGTriplePoint Venture Growth BDC
$4.3B
NWNNorthwest Natural Holding Co
$4.3B
SCMStellus Capital Investment
$4.3B
RCOResources Global Professionals
$4.2B
THRThermon Group Holdings Inc.
$4.2B
XLYConsumer Discret Select Sector
$4.1B
IBMOIshares Ibonds Dec 2026 Term M
$3.9B
AQLTiShares iBonds Dec 2024 Term M
$3.9B
CTVACorteva Inc
$3.8B
MLMMartin Marietta Materials Inc.
$3.7B
GSBDGoldman Sachs BDC Inc.
$3.7B
iShares iBonds Dec 2022 AMT-Fr
$3.6B
RVNUXTrackers Municipal Infr REven
$3.6B
IAUiShares iBonds Dec 2025 Term M
$3.6B
PNNTPennantPark Investment Corp.
$3.5B
PAHCPhibro Animal Health Corp Clas
$3.5B
AQLTiShares Muni Bond 2023
$3.5B
XLIIndustrial Select Sector - SPD
$3.5B
XLBMaterials Select Sector - SPDR
$3.5B
MUBiShares National AMT-Free Muni
$3.4B
PRFTUSDPerficient Inc
$3.4B
OFSOFS Capital Corp.
$3.3B
1939900DBrookfield Infrastructure
$3.2B
Natus Medical Inc.
$3.1B
OBDCOwl Rock Capital Corporation
$3.1B
TFISPDR Nuveen Barclays Capital M
$2.6B
XHBHomebuilders Select Industry S
$2.5B
CSWCCapital Southwest Corp.
$2.4B
TSMTaiwan Semiconductor Manufactu
$2.2B
IGSBiShares Short-Term Corporate B
$1.9B
BRK-BBerkshire Hathaway Inc. - Clas
$1.7B
NLYEURAnnaly Capital Management Inc.
$1.7B
HYGHigh Yield Corporate Bond Fund
$1.6B
LVMUYLVMH Moet Hennessy Louis Vuitt
$1.5B
SONYSony Corp. ADS
$1.5B
ICLRIcon PLC
$1.5B
BABAAlibaba Group Holding Ltd
$1.5B
TCEHYTencent Holdings LTD
$1.5B
IBTHiShares iBonds Dec 2027 Term T
$1.4B
SHOPShopify Inc
$1.4B
IBTIiShares iBonds Dec 2028 Term T
$1.4B
DSDVYDSV Panalpina
$1.4B
JJSFJ & J Snack Foods Corp
$1.4B
AAGIYAIA Group Ltd
$1.3B
IWNRussell 2000 Value Index - iSh
$1.3B
CYBRCyberark Software Ltd
$1.3B
GSKGlaxoSmithKline Plc (Adr 1:2)
$1.3B
FNVFranco-Nevada Corp.
$1.2B
BROBrown & Brown Inc.
$1.2B
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