Fund HoldingsCONFLUENCE INVESTMENT MANAGEMENT LLC

Total Portfolio Value
$7.48B
Total Bought
$299.65M
Total Sold
$810.19M
Net Transaction
-$510.54M
Filing Period:
Securities
SharesValue ($K)
Q2 2024
Q3 2024
Change
Q2 2024
Q3 2024
Weight (%)
Change
Diageo plc(DEO)01,215,786+1,215,7860170,6232.28%+170,623
Paycom Software Inc.(PAYC)152,795377,876+225,08121,85662,9430.84%+41,087
Progressive Corp.(PGR)937,114901,260-35,854194,648228,7043.06%+34,056
Lockheed Martin Corp.(LMT)0312,662+312,6620182,7702.44%+182,770
SPDR S&P 400 Mid Cap Growth ET
ST STR SP400GRW
0488,176+488,176042,8330.57%+42,833
Fidelity National Financial In(FNF)02,332,565+2,332,5650144,7591.93%+144,759
WEC Energy Group Inc.(WEC)01,510,382+1,510,3820145,2691.94%+145,269
Clorox Co.(CLX)0871,235+871,2350141,9331.90%+141,933
Brookfield Infrastructure Corp(BIPC)02,273,742+2,273,742098,7491.32%+98,749
Home Depot Inc.(HD)0370,178+370,1780149,9962.00%+149,996
Brown-Forman Corporation - B(BF-A)0406,079+406,079019,9790.27%+19,979
Entergy Corp.(ETR)0819,906+819,9060107,9081.44%+107,908
Southern Co.(SO)1,705,5621,672,649-32,913132,300150,8402.02%+18,539
Invesco S&P Small Cap Quality
S&P SMLCAP QTY
0417,867+417,867018,0890.24%+18,089
Gilead Sciences Inc.(GILD)01,190,994+1,190,994099,8531.33%+99,853
Chubb Ltd.
COM
0587,389+587,3890169,3972.26%+169,397
Paychex Inc.(PAYX)01,120,528+1,120,5280150,3642.01%+150,364
Oracle Corp.(ORCL)585,932574,303-11,62982,73497,8611.31%+15,128
Masco Corp.(MAS)0947,865+947,865079,5641.06%+79,564
Fastenal Co.(FAST)01,716,128+1,716,1280122,5661.64%+122,566
Starbucks Corp.(SBUX)0688,549+688,549067,1270.90%+67,127
Snap-on Inc.(SNA)0544,910+544,9100157,8662.11%+157,866
SPDR Portfolio High Yield Bond
ST PORT HIGH ETF
0478,935+478,935011,5180.15%+11,518
U.S. Bancorp(USB)01,969,374+1,969,374090,0591.20%+90,059
Lowe's Cos. Inc.(LOW)0240,957+240,957065,2630.87%+65,263
Linde plc(LIN)0338,037+338,0370161,1962.15%+161,196
Weyerhaeuser Co.(WY)02,051,440+2,051,440069,4620.93%+69,462
Cisco Systems Inc.(CSCO)01,819,420+1,819,420096,8301.29%+96,830
Baldwin Insurance Group Inc.(BWIN)345,789438,544+92,75512,26521,8390.29%+9,574
Broadridge Financial Solutions(BR)0642,390+642,3900138,1331.85%+138,133
Dun & Bradstreet Holdings Inc.4,078,8824,063,029-15,85337,77046,7650.63%+8,995
Kinder Morgan Inc.(KMI)4,547,0024,484,559-62,44390,34999,0641.32%+8,715
Mastercard Inc.(MA)0184,852+184,852091,2801.22%+91,280
Lululemon Athletica Inc.(LULU)030,089+30,08908,1650.11%+8,165
Invesco S&P MidCap Quality ETF
S&P MDCP QUALITY
0518,323+518,323053,1700.71%+53,170
BondBloxx Bloomberg One Year T
BLOOMBERG ONE YR
0150,419+150,41907,5120.10%+7,512
Keysight Technologies Inc.(KEYS)0343,251+343,251054,5530.73%+54,553
Dollar Tree Inc.(DLTR)0298,833+298,833021,0140.28%+21,014
CONMED Corp.(CNMD)50,861146,942+96,0813,52610,5680.14%+7,042
Brown & Brown Inc.(BRO)0541,090+541,090056,0570.75%+56,057
Colgate-Palmolive Co.(CL)1,378,9571,352,874-26,083133,814140,4421.88%+6,628
Berkshire Hathaway Inc. - B0154,742+154,742071,2220.95%+71,222
Sherwin-Williams Co.(SHW)082,478+82,478031,4790.42%+31,479
ResMed Inc.(RMD)0126,864+126,864030,9700.41%+30,970
iShares Core S&P US Value ETF5,66271,045+65,3834996,7840.09%+6,285
Northern Trust Corp.(NTRS)01,149,397+1,149,3970103,4801.38%+103,480
iShares iBonds Dec 2029 Term C0246,605+246,60505,7980.08%+5,798
Polaris Inc.(PII)01,039,359+1,039,359086,5161.16%+86,516
Invesco BulletShares 2030 Muni
INVSC 30 MUNI BD
0265,118+265,11805,8720.08%+5,872
Rayonier Inc.(RYN)02,087,364+2,087,364067,1710.90%+67,171
Illinois Tool Works Inc.(ITW)0239,962+239,962062,8870.84%+62,887
Graco Inc.(GGG)0719,415+719,415062,9560.84%+62,956
SPDR Portfolio S&P 500 Growth
ST STR P500GRW
143,572198,608+55,03611,50416,4730.22%+4,968
Nordson Corp.(NDSN)0156,384+156,384041,0710.55%+41,071
W. R. Berkley Corp.01,363,295+1,363,295077,3401.03%+77,340
Thermo Fisher Scientific Inc.(TMO)084,593+84,593052,3270.70%+52,327
SPDR Gold MiniShares Trust ETF(GLDM)604,725621,956+17,23127,87232,4230.43%+4,551
Hershey Co.(HSY)717,831711,075-6,756131,959136,3701.82%+4,411
McDonald's Corp.(MCD)084,325+84,325025,6780.34%+25,678
Stryker Corp.(SYK)0251,861+251,861090,9871.22%+90,987
Air Products and Chemicals Inc91,88191,883+223,71027,3570.37%+3,647
VanEck High Yield Muni ETF
HIGH YLD MUNIETF
066,054+66,05403,5050.05%+3,505
NIKE Inc.(NKE)228,972231,488+2,51617,25820,4640.27%+3,206
SPDR Portfolio Developed World
ST STR PO EX ETF
822,215852,528+30,31328,84332,0210.43%+3,178
PepsiCo Inc.(PEP)0904,853+904,8530153,8702.06%+153,870
Medtronic plc(MDT)0216,499+216,499019,4910.26%+19,491
American Water Works Co. Inc.146,379145,972-40718,90621,3470.29%+2,441
A. O. Smith Corp.(AOS)272,538272,218-32022,28824,4530.33%+2,165
New Jersey Resources Corp.(NJR)458,483458,533+5019,59621,6430.29%+2,047
SPDR S&P 400 Mid Cap Value ETF
ST STR SP400VAL
0219,960+219,960017,4780.23%+17,478
Ares Capital Corp.(ARCC)03,836,573+3,836,573080,3381.07%+80,338
Keurig Dr. Pepper Inc.(KDP)372,515374,448+1,93312,44214,0340.19%+1,592
Ecolab Inc.(ECL)117,757115,820-1,93728,02629,5720.40%+1,546
Morningstar Inc.(MORN)064,432+64,432020,5610.27%+20,561
Gates Industrial Corp. plc
ORD SHS
01,078,928+1,078,928018,9350.25%+18,935
Techtronic Industries Co. Ltd.016,014+16,01401,2060.02%+1,206
MidCap Financial Investment Co088,078+88,07801,1790.02%+1,179
iShares 1-3 Year Treasury Bond0230,857+230,857019,1960.26%+19,196
Expeditors International of Wa(EXPD)192,247191,370-87723,99025,1460.34%+1,156
Procter & Gamble Co.(PG)143,504142,676-82823,66724,7120.33%+1,045
Blue Owl Capital Corp III233,159309,025+75,8663,4904,4280.06%+938
Tokio Marine Holdings Inc.(TKOMF)024,659+24,65909040.01%+904
Azek Co. Inc.0241,824+241,824011,3170.15%+11,317
Franklin FTSE Japan ETF
FTSE JAPAN ETF
286,229299,521+13,2928,2329,1110.12%+879
Unilever plc(UL)013,129+13,12908530.01%+853
iShares US Aerospace & Defense39,45140,460+1,0095,2106,0550.08%+845
Dow Inc.(DOW)01,629,285+1,629,285089,0081.19%+89,008
Brookfield Asset Management(BAM)89,89188,872-1,0193,4204,2030.06%+782
General Dynamics Corp.(GD)88,75687,746-1,01025,75226,5170.35%+765
Global X Uranium ETF
GLOBAL X URANIUM
419,064449,959+30,89512,13212,8730.17%+741
Becton Dickinson and Co.(BDX)081,798+81,798019,7210.26%+19,721
Cavco Industries Inc.(CVCO)09,825+9,82504,2070.06%+4,207
Safran S.A.014,902+14,90208770.01%+877
Hayward Holdings Inc.(HAYW)0219,101+219,10103,3610.04%+3,361
iShares iBonds Dec 2028 Term M
IBONDS DEC 28
033,636+33,63608620.01%+862
Stewart Information Services C(STC)056,739+56,73904,2410.06%+4,241
Donaldson Co. Inc.(DCI)0332,888+332,888024,5340.33%+24,534
iShares Russell 2000 Value ETF03,172+3,17205290.01%+529
Morgan Stanley Direct Lending(MSDL)025,777+25,77705100.01%+510
Berkshire Hathaway Inc. - A05+503,4560.05%+3,456
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