Confluence Investment Management as of Sept. 30, 2011
Portfolio Holdings for Confluence Investment Management
Confluence Investment Management holds 237 positions in its portfolio as reported in the September 2011 quarterly 13F filing
Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
---|---|---|---|---|---|
Ares Capital Corporation (ARCC) | 2.5 | $20M | 1.4M | 13.77 | |
Microsoft Corporation (MSFT) | 2.0 | $16M | 637k | 24.89 | |
Johnson & Johnson (JNJ) | 2.0 | $16M | 245k | 63.69 | |
Chevron Corporation (CVX) | 2.0 | $16M | 169k | 92.59 | |
Pepsi (PEP) | 1.9 | $15M | 243k | 61.90 | |
Diageo (DEO) | 1.9 | $15M | 198k | 75.93 | |
Ipath Dow Jones-aig Commodity (DJP) | 1.9 | $15M | 352k | 41.74 | |
Annaly Capital Management | 1.7 | $13M | 794k | 16.63 | |
SPDR Barclays Capital High Yield B | 1.6 | $13M | 344k | 36.19 | |
Emerson Electric (EMR) | 1.5 | $12M | 287k | 41.31 | |
iShares IBoxx $ Invest Grade Corp Bd (LQD) | 1.5 | $12M | 105k | 112.31 | |
iShares iBoxx $ High Yid Corp Bond (HYG) | 1.3 | $11M | 128k | 82.83 | |
Southern Company (SO) | 1.3 | $10M | 236k | 42.37 | |
McGraw-Hill Companies | 1.2 | $9.6M | 235k | 41.00 | |
Technology SPDR (XLK) | 1.2 | $9.5M | 404k | 23.60 | |
Blackrock Kelso Capital | 1.2 | $9.5M | 1.3M | 7.30 | |
GlaxoSmithKline | 1.2 | $9.5M | 230k | 41.29 | |
iShares Russell 2000 Growth Index (IWO) | 1.1 | $8.7M | 119k | 73.47 | |
Vanguard REIT ETF (VNQ) | 1.1 | $8.6M | 170k | 50.87 | |
Fidelity National Financial | 1.1 | $8.5M | 558k | 15.18 | |
Health Care SPDR (XLV) | 1.1 | $8.4M | 265k | 31.73 | |
Sigma-Aldrich Corporation | 1.1 | $8.3M | 135k | 61.79 | |
American Express Company (AXP) | 1.0 | $8.2M | 182k | 44.90 | |
Exxon Mobil Corporation (XOM) | 1.0 | $8.1M | 111k | 72.63 | |
W.R. Berkley Corporation (WRB) | 1.0 | $8.1M | 273k | 29.69 | |
Gra (GGG) | 1.0 | $8.1M | 238k | 34.14 | |
PennantPark Investment (PNNT) | 1.0 | $8.1M | 908k | 8.92 | |
Paychex (PAYX) | 1.0 | $8.0M | 304k | 26.37 | |
Linear Technology Corporation | 1.0 | $7.9M | 286k | 27.65 | |
3M Company (MMM) | 1.0 | $7.8M | 108k | 71.79 | |
Energy Select Sector SPDR (XLE) | 1.0 | $7.8M | 134k | 58.51 | |
Rayonier (RYN) | 1.0 | $7.8M | 211k | 36.79 | |
Bed Bath & Beyond | 1.0 | $7.7M | 135k | 57.31 | |
Vectren Corporation | 1.0 | $7.7M | 283k | 27.08 | |
Markel Corporation (MKL) | 1.0 | $7.6M | 21k | 357.12 | |
Wal-Mart Stores (WMT) | 0.9 | $7.5M | 145k | 51.90 | |
Home Depot (HD) | 0.9 | $7.5M | 229k | 32.87 | |
Thermo Fisher Scientific (TMO) | 0.9 | $7.5M | 148k | 50.64 | |
Lockheed Martin Corporation (LMT) | 0.9 | $7.5M | 103k | 72.64 | |
Broadridge Financial Solutions (BR) | 0.9 | $7.3M | 363k | 20.14 | |
Waters Corporation (WAT) | 0.9 | $7.2M | 96k | 75.49 | |
TJX Companies (TJX) | 0.9 | $7.3M | 131k | 55.47 | |
Solar Cap (SLRC) | 0.9 | $7.3M | 360k | 20.13 | |
Franklin Street Properties (FSP) | 0.9 | $7.2M | 633k | 11.31 | |
Willis Group Holdings | 0.9 | $7.1M | 206k | 34.37 | |
0.9 | $7.1M | 14k | 515.05 | ||
Pfizer (PFE) | 0.9 | $7.0M | 397k | 17.68 | |
Plum Creek Timber | 0.9 | $7.0M | 201k | 34.71 | |
MVC Capital | 0.9 | $6.9M | 660k | 10.47 | |
Illinois Tool Works (ITW) | 0.8 | $6.7M | 161k | 41.60 | |
Cys Investments | 0.8 | $6.7M | 553k | 12.09 | |
E.I. du Pont de Nemours & Company | 0.8 | $6.5M | 162k | 39.97 | |
Progressive Corporation (PGR) | 0.8 | $6.4M | 362k | 17.76 | |
Lowe's Companies (LOW) | 0.8 | $6.4M | 333k | 19.34 | |
Landauer | 0.8 | $6.3M | 128k | 49.54 | |
Berkshire Hathaway (BRK.B) | 0.8 | $6.3M | 88k | 71.04 | |
HNI Corporation (HNI) | 0.8 | $6.2M | 326k | 19.13 | |
Golub Capital BDC (GBDC) | 0.8 | $6.2M | 417k | 14.85 | |
Tyco International Ltd S hs | 0.8 | $6.1M | 151k | 40.75 | |
Consumer Staples Select Sect. SPDR (XLP) | 0.7 | $5.9M | 199k | 29.66 | |
Martin Marietta Materials (MLM) | 0.7 | $5.8M | 91k | 63.22 | |
Sherwin-Williams Company (SHW) | 0.7 | $5.8M | 78k | 74.33 | |
MasterCard Incorporated (MA) | 0.7 | $5.6M | 18k | 317.14 | |
Financial Select Sector SPDR (XLF) | 0.7 | $5.5M | 468k | 11.81 | |
Wells Fargo & Company (WFC) | 0.7 | $5.4M | 224k | 24.12 | |
Industrial SPDR (XLI) | 0.7 | $5.4M | 186k | 29.22 | |
Consumer Discretionary SPDR (XLY) | 0.7 | $5.4M | 156k | 34.86 | |
Fortune Brands | 0.6 | $4.9M | 91k | 54.08 | |
Leucadia National | 0.6 | $4.7M | 207k | 22.68 | |
iShares Lehman MBS Bond Fund (MBB) | 0.6 | $4.6M | 42k | 108.19 | |
iShares Lehman 7-10 Yr Treas. Bond (IEF) | 0.5 | $4.3M | 41k | 105.07 | |
Hercules Technology Growth Capital (HTGC) | 0.5 | $4.0M | 470k | 8.52 | |
Hatteras Financial | 0.5 | $3.9M | 156k | 25.16 | |
Vulcan Materials Company (VMC) | 0.5 | $3.9M | 142k | 27.56 | |
Apollo Investment | 0.5 | $3.9M | 518k | 7.51 | |
THL Credit | 0.5 | $3.7M | 338k | 10.92 | |
iShares Gold Trust | 0.4 | $3.3M | 209k | 15.83 | |
Triangle Capital Corporation | 0.4 | $3.3M | 219k | 15.22 | |
iShares MSCI ACWI Index Fund (ACWI) | 0.4 | $3.0M | 76k | 39.13 | |
Medallion Financial (MFIN) | 0.4 | $3.0M | 320k | 9.30 | |
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) | 0.4 | $2.9M | 27k | 106.78 | |
Source Capital (SOR) | 0.4 | $3.0M | 71k | 41.56 | |
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) | 0.4 | $2.9M | 36k | 80.97 | |
Gladstone Capital Corporation | 0.4 | $2.9M | 421k | 6.86 | |
Barclays Bk Plc Ipsp croil etn | 0.4 | $2.9M | 145k | 19.84 | |
Compass Diversified Holdings (CODI) | 0.3 | $2.6M | 216k | 12.18 | |
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 0.3 | $2.5M | 24k | 103.96 | |
SPDR Barclay Cp Intr Trm Cr Bd (SPIB) | 0.3 | $2.4M | 74k | 33.14 | |
Rli (RLI) | 0.3 | $2.3M | 37k | 63.58 | |
ConocoPhillips (COP) | 0.3 | $2.4M | 37k | 63.32 | |
Landstar System (LSTR) | 0.3 | $2.4M | 60k | 39.56 | |
Fifth Street Finance | 0.3 | $2.2M | 239k | 9.32 | |
Horizon Technology Fin (HRZN) | 0.3 | $2.2M | 151k | 14.66 | |
Brown & Brown (BRO) | 0.3 | $2.1M | 119k | 17.80 | |
NGP Capital Resources Company | 0.3 | $2.2M | 332k | 6.54 | |
iShares Russell 2000 Value Index (IWN) | 0.3 | $2.2M | 38k | 57.04 | |
iShares Dow Jones US Utilities (IDU) | 0.3 | $2.1M | 26k | 81.75 | |
iShares Barclays 20+ Yr Treas.Bond (TLT) | 0.3 | $2.1M | 17k | 120.79 | |
Medley Capital Corporation | 0.2 | $2.0M | 200k | 10.08 | |
iShares MSCI Emerging Markets Indx (EEM) | 0.2 | $1.9M | 54k | 35.09 | |
Vanguard Emerging Markets ETF (VWO) | 0.2 | $1.8M | 51k | 35.82 | |
White Mountains Insurance Gp (WTM) | 0.2 | $1.7M | 4.2k | 405.78 | |
W.W. Grainger (GWW) | 0.2 | $1.7M | 11k | 149.58 | |
International Business Machines (IBM) | 0.2 | $1.6M | 9.3k | 174.92 | |
Materials SPDR (XLB) | 0.2 | $1.6M | 56k | 29.35 | |
Pennantpark Floating Rate Capi (PFLT) | 0.2 | $1.7M | 157k | 10.55 | |
McDonald's Corporation (MCD) | 0.2 | $1.6M | 19k | 87.81 | |
Colgate-Palmolive Company (CL) | 0.2 | $1.6M | 18k | 88.67 | |
iShares MSCI Japan Index | 0.2 | $1.6M | 167k | 9.46 | |
Brown-Forman Corporation (BF.B) | 0.2 | $1.5M | 21k | 70.16 | |
Nordstrom (JWN) | 0.2 | $1.5M | 34k | 45.69 | |
General Mills (GIS) | 0.2 | $1.5M | 39k | 38.49 | |
Kohlberg Capital (KCAP) | 0.2 | $1.5M | 252k | 5.85 | |
Automatic Data Processing (ADP) | 0.2 | $1.4M | 30k | 47.16 | |
Novartis (NVS) | 0.2 | $1.4M | 25k | 55.78 | |
Nextera Energy (NEE) | 0.2 | $1.4M | 26k | 54.03 | |
Praxair | 0.2 | $1.4M | 15k | 93.46 | |
Procter & Gamble Company (PG) | 0.2 | $1.5M | 23k | 63.18 | |
VCA Antech | 0.2 | $1.4M | 89k | 15.98 | |
Clorox Company (CLX) | 0.2 | $1.4M | 22k | 66.31 | |
New Jersey Resources Corporation (NJR) | 0.2 | $1.4M | 33k | 42.58 | |
Piedmont Natural Gas Company | 0.2 | $1.4M | 48k | 28.89 | |
SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd | 0.2 | $1.4M | 58k | 24.35 | |
SPDR Nuveen Barclays Capital Municpl Bnd | 0.2 | $1.5M | 62k | 23.40 | |
P.F. Chang's China Bistro | 0.2 | $1.3M | 49k | 27.24 | |
Target Corporation (TGT) | 0.2 | $1.4M | 28k | 49.04 | |
United Technologies Corporation | 0.2 | $1.3M | 19k | 70.38 | |
Commerce Bancshares (CBSH) | 0.2 | $1.4M | 39k | 34.76 | |
Owens & Minor (OMI) | 0.2 | $1.3M | 46k | 28.48 | |
iShares MSCI Canada Index (EWC) | 0.2 | $1.4M | 54k | 25.49 | |
iShares MSCI Australia Index Fund (EWA) | 0.2 | $1.4M | 68k | 20.06 | |
SYSCO Corporation (SYY) | 0.2 | $1.2M | 48k | 25.90 | |
T. Rowe Price (TROW) | 0.2 | $1.3M | 27k | 47.76 | |
Analog Devices (ADI) | 0.2 | $1.3M | 42k | 31.26 | |
MDU Resources (MDU) | 0.2 | $1.3M | 68k | 19.19 | |
Becton, Dickinson and (BDX) | 0.2 | $1.3M | 18k | 73.33 | |
Air Products & Chemicals (APD) | 0.2 | $1.3M | 17k | 76.36 | |
Gladstone Investment Corporation (GAIN) | 0.2 | $1.2M | 183k | 6.80 | |
M&T Bank Corporation (MTB) | 0.1 | $1.2M | 18k | 69.90 | |
Cullen/Frost Bankers (CFR) | 0.1 | $1.2M | 26k | 45.85 | |
John Wiley & Sons (WLY) | 0.1 | $1.2M | 27k | 44.42 | |
General Dynamics Corporation (GD) | 0.1 | $1.2M | 21k | 56.90 | |
ProShares Short S&P500 | 0.1 | $1.2M | 26k | 46.10 | |
Gladstone Commercial Corporation (GOOD) | 0.1 | $1.2M | 77k | 15.68 | |
MCG Capital Corporation | 0.1 | $1.2M | 304k | 3.96 | |
Nxp Semiconductors N V (NXPI) | 0.1 | $1.2M | 84k | 14.12 | |
Affiliated Managers (AMG) | 0.1 | $1.1M | 14k | 78.07 | |
Occidental Petroleum Corporation (OXY) | 0.1 | $1.1M | 16k | 71.53 | |
Patterson Companies (PDCO) | 0.1 | $1.2M | 40k | 28.63 | |
Eaton Vance | 0.1 | $1.1M | 51k | 22.26 | |
iShares Silver Trust (SLV) | 0.1 | $1.1M | 40k | 28.92 | |
Newmont Mining Corporation (NEM) | 0.1 | $1.0M | 17k | 62.96 | |
Marathon Oil Corporation (MRO) | 0.1 | $1.1M | 49k | 21.58 | |
SPDR Gold Trust (GLD) | 0.1 | $1.0M | 6.6k | 158.12 | |
PowerShares DB US Dollar Index Bullish | 0.1 | $1.1M | 48k | 22.31 | |
SPDR Barclays Capital Mortgage Back ETF (SPMB) | 0.1 | $1.0M | 37k | 27.86 | |
iShares 10+ Year Credit Bond Fund ETF (IGLB) | 0.1 | $1.0M | 18k | 57.52 | |
Ritchie Bros. Auctioneers Inco | 0.1 | $981k | 49k | 20.18 | |
Zebra Technologies (ZBRA) | 0.1 | $984k | 32k | 30.94 | |
Vanguard Short Term Corporate Bond ETF (VCSH) | 0.1 | $985k | 13k | 77.60 | |
Forward Air Corporation (FWRD) | 0.1 | $840k | 33k | 25.45 | |
Goldcorp | 0.1 | $886k | 19k | 45.66 | |
Sanderson Farms | 0.1 | $893k | 19k | 47.48 | |
Generac Holdings (GNRC) | 0.1 | $858k | 46k | 18.82 | |
Haemonetics Corporation (HAE) | 0.1 | $755k | 13k | 58.51 | |
BHP Billiton (BHP) | 0.1 | $774k | 12k | 66.40 | |
Hibbett Sports (HIBB) | 0.1 | $830k | 25k | 33.90 | |
Royal Gold (RGLD) | 0.1 | $823k | 13k | 64.07 | |
iShares S&P 500 Growth Index (IVW) | 0.1 | $816k | 13k | 61.25 | |
Silver Wheaton Corp | 0.1 | $794k | 27k | 29.44 | |
Full Circle Cap Corp | 0.1 | $812k | 115k | 7.07 | |
Barrick Gold Corp (GOLD) | 0.1 | $676k | 15k | 46.62 | |
Simpson Manufacturing (SSD) | 0.1 | $690k | 28k | 24.93 | |
Potash Corp. Of Saskatchewan I | 0.1 | $745k | 17k | 43.25 | |
Techne Corporation | 0.1 | $729k | 11k | 68.05 | |
Morningstar (MORN) | 0.1 | $732k | 13k | 56.42 | |
Scotts Miracle-Gro Company (SMG) | 0.1 | $699k | 16k | 44.61 | |
Northstar Realty Finance | 0.1 | $749k | 227k | 3.30 | |
Yamana Gold | 0.1 | $747k | 55k | 13.66 | |
Franco-Nevada Corporation (FNV) | 0.1 | $714k | 20k | 36.08 | |
Barclays Bk Plc etn djubs copr37 (JJCTF) | 0.1 | $714k | 18k | 40.19 | |
Heartland Express (HTLD) | 0.1 | $633k | 47k | 13.56 | |
Freeport-McMoRan Copper & Gold (FCX) | 0.1 | $641k | 21k | 30.47 | |
Contango Oil & Gas Company | 0.1 | $631k | 12k | 54.73 | |
CF Industries Holdings (CF) | 0.1 | $613k | 5.0k | 123.36 | |
TICC Capital | 0.1 | $606k | 74k | 8.17 | |
West Pharmaceutical Services (WST) | 0.1 | $647k | 17k | 37.09 | |
Bio-Reference Laboratories | 0.1 | $654k | 36k | 18.41 | |
Barclays Bank Plc etn djubslead 38 | 0.1 | $622k | 13k | 48.85 | |
Manatuck Hill Mariner Offshore | 0.1 | $620k | 3.8k | 164.72 | |
New Mountain Finance Corp (NMFC) | 0.1 | $639k | 50k | 12.70 | |
Sociedad Quimica y Minera (SQM) | 0.1 | $580k | 12k | 47.81 | |
Ross Stores (ROST) | 0.1 | $543k | 6.9k | 78.73 | |
Southwestern Energy Company | 0.1 | $554k | 17k | 33.34 | |
Ambassadors | 0.1 | $567k | 99k | 5.73 | |
Moly | 0.1 | $582k | 18k | 32.90 | |
First Majestic Silver Corp (AG) | 0.1 | $564k | 37k | 15.20 | |
Enerplus Corp | 0.1 | $552k | 23k | 24.55 | |
Deutsche Bk Ag London Brh ps cr oil sh etn (SZOXF) | 0.1 | $592k | 11k | 52.86 | |
Imperial Oil (IMO) | 0.1 | $514k | 14k | 36.11 | |
Plains Exploration & Production Company | 0.1 | $452k | 20k | 22.73 | |
Medical Action Industries | 0.1 | $472k | 93k | 5.05 | |
Silver Standard Res | 0.1 | $461k | 25k | 18.36 | |
iShares S&P 500 Value Index (IVE) | 0.1 | $515k | 10k | 51.58 | |
Douglas Dynamics (PLOW) | 0.1 | $513k | 40k | 12.79 | |
European Goldfields (EGU) | 0.1 | $510k | 64k | 7.95 | |
Mosaic (MOS) | 0.1 | $445k | 9.1k | 49.00 | |
Peabody Energy Corporation | 0.1 | $385k | 11k | 33.92 | |
Encana Corp | 0.1 | $410k | 21k | 19.21 | |
Murphy Oil Corporation (MUR) | 0.1 | $433k | 9.8k | 44.11 | |
Mueller Industries (MLI) | 0.1 | $400k | 10k | 38.63 | |
CONSOL Energy | 0.1 | $413k | 12k | 33.90 | |
Cliffs Natural Resources | 0.1 | $403k | 7.9k | 51.20 | |
Quest Diagnostics Incorporated (DGX) | 0.1 | $369k | 7.5k | 49.36 | |
Talisman Energy Inc Com Stk | 0.1 | $385k | 31k | 12.28 | |
Cimarex Energy | 0.1 | $373k | 6.7k | 55.64 | |
McMoRan Exploration | 0.1 | $407k | 41k | 9.93 | |
Smith & Nephew (SNN) | 0.1 | $388k | 8.7k | 44.72 | |
Mesabi Trust (MSB) | 0.1 | $400k | 19k | 20.85 | |
Inmet Mining Corp. | 0.1 | $410k | 9.6k | 42.53 | |
Mohawk Industries (MHK) | 0.0 | $352k | 8.2k | 42.87 | |
Berkshire Hathaway (BRK.A) | 0.0 | $320k | 3.00 | 106666.67 | |
Walter Energy | 0.0 | $334k | 5.6k | 59.97 | |
B&G Foods (BGS) | 0.0 | $295k | 18k | 16.66 | |
Utilities SPDR (XLU) | 0.0 | $311k | 9.3k | 33.57 | |
Barclays Bank Plc etf (COWTF) | 0.0 | $314k | 10k | 31.17 | |
iShares Dow Jones Select Dividend (DVY) | 0.0 | $297k | 6.2k | 48.16 | |
Main Street Capital Corporation (MAIN) | 0.0 | $351k | 20k | 17.75 | |
Claymore/Zacks Multi-Asset Inc Idx | 0.0 | $291k | 16k | 18.70 | |
Alpha Natural Resources | 0.0 | $253k | 14k | 17.68 | |
Seabridge Gold (SA) | 0.0 | $255k | 11k | 22.47 | |
Patriot Coal Corp | 0.0 | $259k | 31k | 8.45 | |
Mag Silver Corp (MAG) | 0.0 | $243k | 31k | 7.85 | |
Barclays Bk Plc Ipath Dow Jones Aig etf (JJATF) | 0.0 | $273k | 5.2k | 52.04 | |
Solar Senior Capital | 0.0 | $214k | 15k | 14.27 | |
Saratoga Investment (SAR) | 0.0 | $194k | 12k | 16.53 | |
Prospect Capital Corporation (PSEC) | 0.0 | $102k | 12k | 8.38 |