CONFLUENCE INVESTMENT MANAGEMENT LLC Q4 2021 Filing
Filed January 4, 2022
Portfolio Value
$7.5T
Holdings
306
Report Date
Q4 2021
Filing Type
13F-HR
All Holdings (306 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | DEODiageo PLC | 871,604 | $191.9B | 2.55% | |
| 2 | FASTFastenal Company | 2,825,961 | $181.0B | 2.40% | |
| 3 | PEPPepsico Incorporated | 1,036,845 | $180.1B | 2.39% | |
| 4 | PAYXPaychex Incorporated | 1,310,501 | $178.9B | 2.38% | |
| 5 | MSFTMicrosoft Corporation | 527,388 | $177.4B | 2.36% | |
| 6 | HDHome Depot Incorporated | 409,402 | $169.9B | 2.26% | |
| 7 | NSRGYNestle SA | 1,053,547 | $147.9B | 1.96% | |
| 8 | LINLinde PLC | 423,555 | $146.7B | 1.95% | |
| 9 | BRBroadridge Financial Solutions | 795,994 | $145.5B | 1.93% | |
| 10 | SNASnap-on Incorporated | 651,418 | $140.3B | 1.86% | |
| 11 | PGRProgressive Corporation | 1,358,846 | $139.5B | 1.85% | |
| 12 | CBChubb Corporation | 699,101 | $135.1B | 1.79% | |
| 13 | NTRSNorthern Trust Corporation | 1,086,784 | $130.0B | 1.73% | |
| 14 | PFEPfizer Incorporated | 2,188,864 | $129.3B | 1.72% | |
| 15 | SOSouthern Company | 1,841,027 | $126.3B | 1.68% | |
| 16 | FNFFidelity National Financial In | 2,402,409 | $125.4B | 1.66% | |
| 17 | ADIAnalog Devices Incorporated | 702,049 | $123.4B | 1.64% | |
| 18 | FQIDigital Realty Trust Incorpora | 689,267 | $121.9B | 1.62% | |
| 19 | CLColgate-Palmolive Company | 1,411,242 | $120.4B | 1.60% | |
| 20 | CSCOCisco Systems Incorporated | 1,892,556 | $119.9B | 1.59% | |
| 21 | RYNRayonier Incorporated | 2,923,663 | $118.0B | 1.57% | |
| 22 | WYWeyerhaeuser Company | 2,832,151 | $116.6B | 1.55% | |
| 23 | 1939900DBrookfield Infrastructure | 1,695,530 | $115.7B | 1.54% | |
| 24 | PIIPolaris Industries | 1,038,525 | $114.1B | 1.52% | |
| 25 | LMTLockheed Martin Corporation | 317,283 | $112.8B | 1.50% | |
| 26 | USBUS Bancorp | 1,861,020 | $104.5B | 1.39% | |
| 27 | MMM3M Company | 560,237 | $99.5B | 1.32% | |
| 28 | CVXChevron Corporation | 831,277 | $97.5B | 1.30% | |
| 29 | ETREntergy Corporation | 857,956 | $96.6B | 1.28% | |
| 30 | DOWDow Incorporated | 1,701,002 | $96.5B | 1.28% | |
| 31 | SLG2EURSl Green Realty | 1,331,849 | $95.5B | 1.27% | |
| 32 | ARCCAres Capital Corporation | 4,314,049 | $91.4B | 1.21% | |
| 33 | GGGGraco Incorporated | 1,121,548 | $90.4B | 1.20% | |
| 34 | GILDGilead Sciences | 1,239,435 | $90.0B | 1.19% | |
| 35 | NXPINXP Semiconductors NV | 382,914 | $87.2B | 1.16% | |
| 36 | SBUXStarbucks Corporation | 709,553 | $83.0B | 1.10% | |
| 37 | ORCLOracle Corporation | 944,246 | $82.3B | 1.09% | |
| 38 | LOWLowe's Companies Incorporated | 312,292 | $80.7B | 1.07% | |
| 39 | SYKStryker Corporation | 301,842 | $80.7B | 1.07% | |
| 40 | KMIKinder Morgan Incorporated | 5,040,864 | $79.9B | 1.06% | |
| 41 | TJXTJX Companies | 1,051,944 | $79.9B | 1.06% | |
| 42 | GOOGAlphabet Incorporated - C | 26,786 | $77.5B | 1.03% | |
| 43 | BAMBrookfield Asset Management In | 1,217,629 | $73.5B | 0.98% | |
| 44 | —IHS Markit Limited | 543,243 | $72.2B | 0.96% | |
| 45 | ITWIllinois Tool Works Incorporat | 279,631 | $69.0B | 0.92% | |
| 46 | TMOThermo Fisher Scientific Incor | 102,982 | $68.7B | 0.91% | |
| 47 | MAMastercard Incorporated | 182,892 | $65.7B | 0.87% | |
| 48 | MKLMarkel Corporation | 52,174 | $64.4B | 0.85% | |
| 49 | FBINFortune Brands Home & Security | 594,524 | $63.6B | 0.84% | |
| 50 | BRK/BBerkshire Hathaway Incorporate | 211,143 | $63.1B | 0.84% | |
| 51 | WRBWR Berkley Corporation | 731,236 | $60.2B | 0.80% | |
| 52 | BKNGBooking Holdings Incorporated | 23,526 | $56.4B | 0.75% | |
| 53 | RTXRaytheon Technologies Corporat | 639,606 | $55.0B | 0.73% | |
| 54 | IEFiShares 7-10 Year Treasury Bon | 432,123 | $49.7B | 0.66% | |
| 55 | AXTAAxalta Coating Systems Limited | 1,498,305 | $49.6B | 0.66% | |
| 56 | BROBrown & Brown Incorporated | 693,334 | $48.7B | 0.65% | |
| 57 | CERNCHFCerner Corporation | 499,448 | $46.4B | 0.62% | |
| 58 | MBBiShares MBS ETF | 384,176 | $41.3B | 0.55% | |
| 59 | NDSNNordson Corporation | 157,190 | $40.1B | 0.53% | |
| 60 | SPDWSPDR Portfolio Developed World | 1,062,229 | $38.8B | 0.51% | |
| 61 | DLTRDollar Tree Incorporated | 261,851 | $36.8B | 0.49% | |
| 62 | DNBDun & Bradstreet Holdings | 1,716,366 | $35.2B | 0.47% | |
| 63 | ACNAccenture PLC | 81,849 | $33.9B | 0.45% | |
| 64 | CNNECannae Holdings Incorporated | 909,683 | $32.0B | 0.42% | |
| 65 | FTDRFrontdoor Incorporated | 848,951 | $31.1B | 0.41% | |
| 66 | —SPDR Portfolio S&P 500 Value E | 725,833 | $30.5B | 0.40% | |
| 67 | MORNMorningstar Incorporated | 76,324 | $26.1B | 0.35% | |
| 68 | SLYVSPDR S&P 600 Small Cap Value E | 307,413 | $26.0B | 0.35% | |
| 69 | GTESGates Industrial | 1,633,480 | $26.0B | 0.35% | |
| 70 | NKENike Incorporated | 148,813 | $24.8B | 0.33% | |
| 71 | ROKRockwell Automation Incorporat | 70,118 | $24.5B | 0.32% | |
| 72 | TROWT Rowe Price Group Incorporate | 124,228 | $24.4B | 0.32% | |
| 73 | EXPDExpeditors International of Wa | 180,271 | $24.2B | 0.32% | |
| 74 | AWCAmerican Water Works Company | 125,886 | $23.8B | 0.32% | |
| 75 | IBDViShares iBonds Dec 2030 Term C | 927,298 | $23.3B | 0.31% | |
| 76 | IAU*iShares Gold Trust ETF | 663,024 | $23.1B | 0.31% | |
| 77 | APDAir Products & Chemicals Incor | 72,844 | $22.2B | 0.29% | |
| 78 | MCDMcDonald's Corporation | 82,363 | $22.1B | 0.29% | |
| 79 | SCHWCharles Schwab | 262,500 | $22.1B | 0.29% | |
| 80 | BWINBRP Group | 610,845 | $22.1B | 0.29% | |
| 81 | PGProcter & Gamble Company | 134,722 | $22.0B | 0.29% | |
| 82 | PPGPPG Industries Incorporated | 126,649 | $21.8B | 0.29% | |
| 83 | CFRCullen Frost Bankers Incorpora | 156,961 | $19.8B | 0.26% | |
| 84 | CBSHCommerce Bancshares Incorporat | 277,567 | $19.1B | 0.25% | |
| 85 | IBDRiShares iBonds Dec 2026 Term C | 718,441 | $18.7B | 0.25% | |
| 86 | DCIDonaldson Incorporated | 303,813 | $18.0B | 0.24% | |
| 87 | GDGeneral Dynamics Corporation | 85,649 | $17.9B | 0.24% | |
| 88 | MTBM&T Bank Corporation | 114,366 | $17.6B | 0.23% | |
| 89 | RMAXRE/MAX Holdings Incorporated | 575,114 | $17.5B | 0.23% | |
| 90 | BDXBecton Dickinson and Company | 68,019 | $17.1B | 0.23% | |
| 91 | SPYGSPDR Portfolio S&P 500 Growth | 233,205 | $16.9B | 0.22% | |
| 92 | MDTMedtronic | 162,109 | $16.8B | 0.22% | |
| 93 | MLNVanEck Vectors Long Municipal | 771,419 | $16.7B | 0.22% | |
| 94 | NJRNew Jersey Resources Corporati | 406,138 | $16.7B | 0.22% | |
| 95 | CLXThe Clorox Company | 94,764 | $16.5B | 0.22% | |
| 96 | NVSNNovartis AG ADR | 181,928 | $15.9B | 0.21% | |
| 97 | MDYVSPDR S&P 400 Mid Cap Value ETF | 205,176 | $14.6B | 0.19% | |
| 98 | BKIEURBlack Knight Incorporated | 175,582 | $14.6B | 0.19% | |
| 99 | SLYGSPDR S&P 600 Small Cap Growth | 154,360 | $14.3B | 0.19% | |
| 100 | FISFidelity National Information | 130,563 | $14.3B | 0.19% |
Page 1 of 4Next