Fund HoldingsCONFLUENCE INVESTMENT MANAGEMENT LLC

Total Portfolio Value
$6.46B
Total Bought
$192.64M
Total Sold
$613.95M
Net Transaction
-$421.31M
Filing Period:
Securities
SharesValue ($K)
Q2 2023
Q3 2023
Change
Q2 2023
Q3 2023
Weight (%)
Change
BondBloxx Bloomberg One Year T
BLOOMBERG ONE YR
0617,601+617,601030,7130.48%+30,713
W. R. Berkley Corp.626,399973,105+346,70637,30861,7820.96%+24,474
Progressive Corp.(PGR)1,216,2041,263,862+47,658160,989176,0562.72%+15,067
Fidelity National Financial In(FNF)2,720,9092,691,661-29,24897,953111,1661.72%+13,213
Toro Co.0146,584+146,584012,1810.19%+12,181
Chubb Ltd.
COM
684,025677,544-6,481131,716141,0512.18%+9,335
Franklin FTSE Japan ETF
FTSE JAPAN ETF
0318,847+318,84708,4340.13%+8,434
Keysight Technologies Inc.(KEYS)225,058347,402+122,34437,68645,9650.71%+8,279
Chevron Corp.(CVX)807,997801,083-6,914127,138135,0792.09%+7,940
Broadridge Financial Solutions(BR)802,342783,864-18,478132,892140,3512.17%+7,459
iShares iBonds Dec 2024 Term M0267,141+267,14106,8630.11%+6,863
Digital Realty Trust Inc.(DLR)763,314757,121-6,19386,91991,6271.42%+4,708
John B Sanfilippo & Son Inc.(JBSS)040,215+40,21503,9730.06%+3,973
Cavco Industries Inc.(CVCO)014,300+14,30003,7990.06%+3,799
Booking Holdings Inc.(BKNG)14,96014,301-65940,39744,1040.68%+3,707
Alphabet Inc.(GOOG)486,165472,336-13,82958,81162,2780.96%+3,466
Ecovyst Inc.(ECVT)0351,936+351,93603,4630.05%+3,463
Cisco Systems Inc.(CSCO)1,997,0671,975,150-21,917103,328106,1841.64%+2,856
Paychex Inc.(PAYX)1,261,2421,246,056-15,186141,095143,7082.22%+2,612
Morningstar Inc.(MORN)76,27774,255-2,02214,95617,3940.27%+2,438
EOG Resources Inc.(EOG)195,564194,232-1,33222,38024,6210.38%+2,240
Charles River Laboratories Int(CRL)84,001100,399+16,39817,66119,6760.30%+2,015
TripAdvisor Inc.(TRIP)0116,775+116,77501,9360.03%+1,936
Markel Corp. Inc.(MKL)43,29441,941-1,35359,88461,7580.96%+1,874
TJX Cos. Inc.(TJX)986,587958,498-28,08983,65385,1911.32%+1,539
UFP Technologies Inc.(UFPT)08,093+8,09301,3070.02%+1,307
iShares MSCI Emerging Markets
MSCI EMRG CHN
023,081+23,08101,1500.02%+1,150
Bain Capital Specialty Finance(BCSF)067,274+67,27401,0300.02%+1,030
Golub Capital BDC Inc.(GBDC)0351,835+351,83505,1610.08%+5,161
AGNC Investment Corp.(AGNC)0211,958+211,95802,0010.03%+2,001
Invesco BulletShares 2024 Muni(IVZ)0260,498+260,49806,4200.10%+6,420
Mitsubishi UFJ Financial(MUFG)095,194+95,19408080.01%+808
U.S. Bancorp(USB)2,061,2612,083,432+22,17168,10468,8781.07%+774
AerCap Holdings N.V.(AER)011,281+11,28107070.01%+707
Hercules Capital Inc.(HCXY)0387,190+387,19006,3580.10%+6,358
Barings BDC Inc.(BBDC)0496,528+496,52804,4240.07%+4,424
General Dynamics Corp.(GD)91,72191,970+24919,73420,3230.31%+589
Franklin Street Properties Cor01,106,656+1,106,65602,0470.03%+2,047
Fidelity National Information(FIS)223,974230,335+6,36112,25112,7310.20%+479
Eaton Corp. plc(ETN)02,031+2,03104330.01%+433
SPDR Energy Select Sector ETF
ST STR ENERG ETF
035,790+35,79003,2350.05%+3,235
Sixth Street Specialty Lending(TSLX)0221,599+221,59904,5290.07%+4,529
iShares iBonds Dec 2024 Term C0360,948+360,94808,9260.14%+8,926
DuPont de Nemours Inc.(DD)0151,316+151,316011,2870.17%+11,287
BlackRock TCP Capital Corp.0395,224+395,22404,6400.07%+4,640
Pacer US Small Cap Cash Cows 1
US SM CAP CA ETF
436,712433,906-2,80617,77418,0940.28%+320
Capital Southwest Corp.(CSWC)096,395+96,39502,2070.03%+2,207
iShares iBonds Dec 2029 Term M012,887+12,88703080.00%+308
iShares BB Rated Corporate Bon
BB RAT CORP BD
475,571492,557+16,98621,30721,5590.33%+253
Coca-Cola Femsa SAB de CV(KOF)02,997+2,99702350.00%+235
New Mountain Finance Corp.0375,382+375,38204,8610.08%+4,861
SPDR S&P Metals & Mining ETF
ST STR SP METAL
077,696+77,69604,0790.06%+4,079
Brookfield Asset Management(BAM)06,154+6,15402050.00%+205
SLR Investment Corp.0199,522+199,52203,0710.05%+3,071
Cameco Corp.(CCJ)021,856+21,85608660.01%+866
American Outdoor Brands Inc.0336,343+336,34303,2890.05%+3,289
Blackstone Group LP(BX)011,000+11,00001,1790.02%+1,179
Uranium Energy Corp.(UEC)080,432+80,43204140.01%+414
Goldman Sachs BDC Inc.(GSBD)0185,709+185,70902,7040.04%+2,704
Crescent Capital BDC Inc.067,120+67,12001,1480.02%+1,148
PennantPark Investment Corp.0639,471+639,47104,2080.07%+4,208
MakeMyTrip Ltd.
SHS
09,772+9,77203960.01%+396
Denison Mines Corp.(DNN)0241,748+241,74803990.01%+399
Blue Owl Capital Corp.(OBDC)0198,903+198,90302,7550.04%+2,755
Main Street Capital Corp.(MAIN)0129,166+129,16605,2480.08%+5,248
TotalEnergies S.E.(TTE)011,574+11,57407610.01%+761
iShares iBonds Dec 2025 Term C0149,040+149,04003,6320.06%+3,632
Diamondback Energy Inc.(FANG)03,450+3,45005340.01%+534
ConocoPhillips(COP)04,906+4,90605880.01%+588
Berkshire Hathaway Inc. - A05+502,6570.04%+2,657
Shell plc(SHEL)014,670+14,67009440.01%+944
Vista Energy S.A.B. de C.V.(VIST)017,589+17,58905350.01%+535
Hess Corp.03,213+3,21304920.01%+492
Pioneer Natural Resources Co.02,070+2,07004750.01%+475
Exxon Mobil Corp.04,702+4,70205530.01%+553
DBS Group Holdings Ltd.07,643+7,64307530.01%+753
Trinity Capital Inc.(TRIN)056,867+56,86707920.01%+792
Antero Resources Corp.(AR)016,258+16,25804130.01%+413
Southwestern Energy Co.084,131+84,13105430.01%+543
Manatuck Hill Mariner Offshore01,838+1,83803490.01%+349
Oaktree Specialty Lending Corp(OCSL)037,201+37,20107480.01%+748
FS KKR Capital Corp.(FSK)050,210+50,21009890.02%+989
Coterra Energy Inc.017,958+17,95804860.01%+486
Alphabet Inc.(GOOG)02,918+2,91803820.01%+382
Southern Copper Corp.(SCCO)07,140+7,14005380.01%+538
CyberArk Software Ltd.05,793+5,79309490.01%+949
CAE Inc.(CAE)024,074+24,07405620.01%+562
Curtiss-Wright Corp.(CW)01,160+1,16002270.00%+227
Chesapeake Energy Corp.(EXE)06,361+6,36105490.01%+549
Wuxi Biologics Cayman Inc.015,141+15,14101760.00%+176
Mosaic Co.(MOS)09,751+9,75103470.01%+347
Ecopetrol S.A.(EC)014,957+14,95701730.00%+173
Glencore plc035,508+35,50804050.01%+405
KB Financial Group Inc.(KB)05,484+5,48402250.00%+225
Woodside Energy Group Ltd.(WDS)026,308+26,30806130.01%+613
BNP Paribas S.A.020,903+20,90306640.01%+664
Blackstone Secured Lending Fun(BXSL)0188,789+188,78905,1650.08%+5,165
Keurig Dr. Pepper Inc.(KDP)372,294368,794-3,50011,64211,6430.18%+1
iShares iBonds Dec 2023 Term M012,126+12,12603100.00%+310
Komatsu Ltd.018,801+18,80105070.01%+507
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