Fund HoldingsCONFLUENCE INVESTMENT MANAGEMENT LLC

Total Portfolio Value
$6.40B
Total Bought
$588.68M
Total Sold
$806.56M
Net Transaction
-$217.88M
Filing Period:
Securities
SharesValue ($K)
Q1 2026
Q2 2026
Change
Q1 2026
Q2 2026
Weight (%)
Change
Stanley Black & Decker Inc.(SWK)01,348,374+1,348,3740126,9091.98%+126,909
iShares 0-3 Month Treasury Bon3,702,0144,414,155+712,141216,819313,8474.90%+97,027
Honeywell International Inc.0240,572+240,572053,8640.84%+53,864
Honeywell Aerospace Inc.0241,062+241,062053,2940.83%+53,294
Clorox Co.(CLX)932,5751,247,644+315,06996,643119,0751.86%+22,432
AptarGroup Inc.0160,935+160,935020,1490.31%+20,149
Northern Trust Corp.(NTRS)680,260660,416-19,84494,944114,8071.79%+19,863
T. Rowe Price Group Inc.(TROW)963,167936,409-26,75886,820106,4601.66%+19,640
SPDR Portfolio S&P 500 Value E790,4041,047,254+256,85044,72163,6630.99%+18,941
Zoetis Inc.(ZTS)141,863465,449+323,58616,77033,4470.52%+16,678
SPDR Portfolio S&P 500 Growth
ST STR P500GRW
528,353573,709+45,35651,73168,2661.07%+16,535
iShares Barclays 10-20 Year Tr205,868335,581+129,71320,73533,6760.53%+12,941
Masco Corp.(MAS)828,604768,680-59,92450,02362,5480.98%+12,525
State Street Energy Select Sec
ST STR ENERG ETF
0230,673+230,673012,2510.19%+12,251
U.S. Bancorp(USB)1,784,4031,734,918-49,48592,807104,7891.64%+11,982
SPDR Gold MiniShares Trust ETF(GLDM)332,974522,617+189,64330,86341,5060.65%+10,643
SPDR S&P Dividend ETF
ST STR SP DIV
68,710132,295+63,58510,02820,1330.31%+10,105
Snap-on Inc.(SNA)435,896417,132-18,764158,326167,8542.62%+9,528
Booking Holdings Inc.(BKNG)6,143194,765+188,62225,86434,7150.54%+8,850
Floor & Decor Holdings Inc.(FND)0131,310+131,31007,7950.12%+7,795
Ryan Specialty Group(RYAN)0189,001+189,00107,1370.11%+7,137
Vanguard FTSE Pacific Index Fu060,466+60,46606,9950.11%+6,995
Global X Defense Tech ETF
DEFENSE TECH ETF
123,276262,921+139,6458,73315,6990.25%+6,966
Progressive Corp.(PGR)580,259557,408-22,851115,031121,7661.90%+6,735
Stevanato Group S.p.A.
ORD SHS
0335,493+335,49306,0620.09%+6,062
Carrier Global Corp.(CARR)511,137472,778-38,35928,78234,6780.54%+5,896
iShares iBonds Dec 2035 Term T
IBONDS DEC 2035
807,8861,044,548+236,66220,44226,2020.41%+5,760
Home Depot Inc.(HD)319,923311,263-8,660105,219109,7761.72%+4,557
Colgate-Palmolive Co.(CL)1,250,0901,209,372-40,718106,545110,8751.73%+4,330
Paychex Inc.(PAYX)969,809952,424-17,38589,33993,6521.46%+4,313
Trex Company Inc.(TREX)390,641354,325-36,31614,22717,7300.28%+3,503
Charles River Laboratories Int(CRL)100,53491,632-8,90217,34220,7810.32%+3,439
BondBloxx Bloomberg One Year T
BLOOMBERG ONE YR
060,474+60,47402,9860.05%+2,986
Nordson Corp.(NDSN)308,267281,120-27,14782,01884,8111.33%+2,793
i3 Verticals Inc.(IIIV)120,314230,530+110,2162,6904,9240.08%+2,234
Thermo Fisher Scientific Inc.(TMO)90,15192,781+2,63044,31246,5170.73%+2,205
SPDR Portfolio Developed World
ST STR PO EX ETF
1,592,4931,482,773-109,72072,69774,7171.17%+2,020
SPDR Industrial Select Sector
ST STR INDL ETF
010,894+10,89402,0180.03%+2,018
iShares Core MSCI Europe ETF
CORE MSCI EURO
217,396229,242+11,84615,27617,2320.27%+1,956
Xtrackers Municipal Infrastruc072,103+72,10301,8250.03%+1,825
Tourmaline Oil Corp.(TRMLF)033,988+33,98801,4210.02%+1,421
CF Industries Holdings Inc.(CF)012,115+12,11501,3120.02%+1,312
BP PLC ADR (1:6)(BP)035,263+35,26301,3030.02%+1,303
Occidental Petroleum Corp.(OXY)026,565+26,56501,2900.02%+1,290
CRH plc
ORD
011,823+11,82301,2650.02%+1,265
Devon Energy Corp.(DVN)028,927+28,92701,1950.02%+1,195
Expeditors International of Wa(EXPD)160,703148,269-12,43423,01724,1650.38%+1,147
Valvoline Inc.(VVV)431,559396,145-35,41414,53515,6640.24%+1,129
ASML Holding N.V.
N Y REGISTRY SHS
1,4401,439-11,9022,8630.04%+961
iShares iBonds Dec 2034 Term T
IBONDS DEC 2034
919,178965,101+45,92323,55924,4990.38%+940
Avantis International Small Ca120,837125,698+4,86112,06712,9530.20%+886
New Hope Corp. Ltd.0230,475+230,47508710.01%+871
TripAdvisor Inc.(TRIP)410,791376,853-33,9384,3795,1670.08%+788
Badger Meter Inc.05,290+5,29007850.01%+785
Taiwan Semiconductor Manufactu(TSM)8,5977,622-9752,9053,6400.06%+735
iShares MSCI Global Metals & M
MSCI GBL ETF NEW
143,972152,199+8,2278,1478,8500.14%+703
Cavco Industries Inc.(CVCO)7,9907,310-6803,8694,4910.07%+622
Gladstone Investment Corp.(GAIN)036,982+36,98205720.01%+572
S&P Global Inc.(SPGI)134,280141,607+7,32757,11457,6710.90%+556
Ares Capital Corp.(ARCC)3,435,2893,367,580-67,70961,90462,4010.97%+497
Disco Corp.42,79842,521-2771,7402,2270.03%+487
ASE Technology Holding Co. Ltd(ASX)21,54320,488-1,0554679240.01%+457
Nebius Group N.V.(NBIS)2,4272,475+482526840.01%+432
Techtronic Industries Co. Ltd.21,54322,118+5751,4331,8450.03%+412
Blue Owl Capital Corp.(OBDC)224,365263,324+38,9592,4812,8620.04%+381
Cameco Corp.(CCJ)9,02212,856+3,8349801,3100.02%+330
Blue Owl Technology Finance031,100+31,10003220.01%+322
Hercules Capital Inc.(HCXY)273,343276,182+2,8394,0374,3550.07%+318
ESAB Corp.(ESAB)11,81714,709+2,8921,1421,4510.02%+309
ERO Copper Corp.(ERO)011,428+11,42803050.00%+305
UFP Technologies Inc.(UFPT)5,0974,851-2469871,2860.02%+299
Haemonetics Corp.(HAE)20,62419,455-1,1691,1621,4590.02%+297
UFP Industries Inc.(UFPI)12,90016,254+3,3541,1881,4750.02%+287
NU Holdings Ltd(NU)021,385+21,38502860.00%+286
Hayward Holdings Inc.(HAYW)93,40888,331-5,0771,2501,5290.02%+279
Infineon Technologies A.G.(IFNNF)5,2215,307+862364990.01%+263
Amglo Am PLC ADR63,31665,991+2,6751,3691,6310.03%+262
Novo Nordisk A.S.(NVO)15,68617,385+1,6995768330.01%+257
First Quantum Minerals Ltd.56,14658,484+2,3381,3401,5950.02%+256
Trinity Capital Inc.(TRIN)41,82448,503+6,6796158680.01%+252
MakeMyTrip Ltd.
SHS
04,680+4,68002490.00%+249
Marten Transport Ltd.(MRTN)80,61375,256-5,3571,0581,3060.02%+247
ING Groep N.V.(ING)59,00356,589-2,4141,5371,7760.03%+239
Sea Ltd.(SE)8,2329,535+1,3036829140.01%+232
Mitsubishi UFJ Financial(MUFG)111,432106,721-4,7111,8912,1230.03%+232
Sandoz Group28,47927,141-1,3382,2272,4560.04%+229
Dollar Tree Inc.(DLTR)146,113134,143-11,97016,00116,2250.25%+224
Safran S.A.18,07917,366-7131,4831,7070.03%+224
BNP Paribas S.A.27,15025,868-1,2821,2921,5070.02%+215
Waste Connections Inc.(WCN)01,244+1,24402070.00%+207
Gates Industrial Corp. plc
ORD SHS
71,92465,517-6,4071,6261,8330.03%+206
NVIDIA Corp.(NVDA)01,013+1,01302030.00%+203
JBT Marel Corp.(JBTM)55,12449,946-5,1787,0497,2420.11%+193
Vulcan Materials Co.(VMC)3,9134,194+2811,0661,2370.02%+172
RBC Bearings Inc.(RBC)2,7222,552-1701,4781,6440.03%+165
Capital Southwest Corp.(CSWC)95,33995,362+232,1092,2670.04%+158
Linde plc(LIN)283,072270,727-12,345140,336140,4912.20%+155
Berkshire Hathaway Inc. - A5503,5913,7440.06%+154
DBS Group Holdings Ltd.9,7839,372-4111,7541,9010.03%+148
Spectrum Brands Holdings Inc.20,39719,165-1,2321,5031,6430.03%+140
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CONFLUENCE INVESTMENT MANAGEMENT LLC — 13F Holdings — Q2 2026 | TickerTrail