Confluence Investment Management as of June 30, 2013
Portfolio Holdings for Confluence Investment Management
Confluence Investment Management holds 255 positions in its portfolio as reported in the June 2013 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Ares Capital Corporation (ARCC) | 2.4 | $35M | 203k | 172.00 | |
| Vanguard Index Fds reit etf | 2.3 | $33M | 48k | 687.21 | |
| Johnson And | 2.2 | $32M | 38k | 858.61 | |
| Microsoft Corp | 2.2 | $32M | 92k | 345.45 | |
| Diageo (DEO) | 1.9 | $27M | 24k | 1149.53 | |
| Chevron Corp | 1.8 | $26M | 22k | 1183.43 | |
| Pepsico | 1.8 | $26M | 32k | 817.92 | |
| Emerson Electric | 1.8 | $26M | 47k | 545.40 | |
| Lockheed Martin Corp | 1.7 | $24M | 22k | 1084.64 | |
| Golub Capital BDC (GBDC) | 1.6 | $24M | 135k | 175.00 | |
| GlaxoSmithKline | 1.6 | $23M | 45k | 499.71 | |
| Praxair | 1.5 | $22M | 19k | 1151.60 | |
| Southern | 1.5 | $22M | 50k | 441.31 | |
| Kraft Foods | 1.5 | $22M | 39k | 558.69 | |
| Rayonier | 1.5 | $22M | 39k | 553.92 | |
| Plum Creek Timber | 1.4 | $21M | 45k | 466.70 | |
| Kohls Corp | 1.4 | $21M | 41k | 505.10 | |
| Broadridge Financial Solutions (BR) | 1.4 | $20M | 77k | 265.81 | |
| Iron Mtn | 1.4 | $20M | 77k | 266.11 | |
| Kinder Morgan (KMI) | 1.4 | $20M | 53k | 381.51 | |
| Pfizer | 1.4 | $20M | 71k | 280.10 | |
| Du Pont E I De Nemours & Co | 1.4 | $20M | 38k | 525.01 | |
| C.H. Robinson Worldwide (CHRW) | 1.4 | $20M | 35k | 563.11 | |
| Martin Marietta Matls | 1.3 | $20M | 20k | 984.22 | |
| Fidelity National Financial | 1.3 | $19M | 81k | 238.10 | |
| Willis Group Holdings | 1.3 | $19M | 47k | 407.80 | |
| Graco | 1.3 | $19M | 30k | 632.13 | |
| SPDR Barclays Capital High Yield B | 1.3 | $19M | 48k | 394.92 | |
| Pepco Holdings | 1.3 | $19M | 93k | 201.60 | |
| Rli | 1.3 | $19M | 24k | 764.11 | |
| 3M Company (MMM) | 1.2 | $18M | 17k | 1093.49 | |
| Ishares Iboxx High Yield Cor high yld corp | 1.2 | $18M | 19k | 908.83 | |
| Linear Technology Corp | 1.1 | $17M | 45k | 368.41 | |
| Progressive Corp Ohio | 1.1 | $16M | 65k | 254.20 | |
| Landauer | 1.0 | $15M | 31k | 483.12 | |
| Paychex | 1.0 | $14M | 39k | 365.11 | |
| Ishares Tr | 0.8 | $12M | 17k | 715.31 | |
| Pennantpark Invt | 0.8 | $12M | 107k | 110.50 | |
| Illinois Tool | 0.8 | $11M | 16k | 691.73 | |
| United Technologies | 0.8 | $11M | 12k | 929.42 | |
| American Express | 0.8 | $11M | 15k | 747.59 | |
| Dow Jones Us Technology - Isha | 0.8 | $11M | 15k | 736.32 | |
| Ishares Tr s^p 500 index | 0.7 | $11M | 10k | 1050.28 | |
| Thl Credit | 0.7 | $11M | 71k | 151.90 | |
| Markel Corporation Holding | 0.7 | $11M | 2.0k | 5269.83 | |
| Express Scripts Holding | 0.7 | $11M | 17k | 617.44 | |
| Berkley W R Corp | 0.7 | $10M | 25k | 408.62 | |
| Expeditors | 0.7 | $10M | 26k | 380.41 | |
| COM Sigma Aldrich Corp | 0.7 | $10M | 13k | 804.24 | |
| Waters Corp | 0.7 | $10M | 10k | 1000.50 | |
| Medley Capital Corporation | 0.7 | $10M | 74k | 135.80 | |
| Thermo Fisher Scientific | 0.7 | $9.8M | 12k | 846.37 | |
| 0.7 | $9.6M | 1.1k | 8806.04 | ||
| Discovery Communications | 0.6 | $9.3M | 13k | 697.76 | |
| Berkshire Hathaway Inc Del cl b | 0.6 | $9.1M | 8.2k | 1119.25 | |
| Bed Bath & Beyond | 0.6 | $9.0M | 13k | 709.55 | |
| Ishares Tr s^p 500 index | 0.6 | $9.1M | 8.0k | 1136.64 | |
| Hercules Tech Growth Cap | 0.6 | $9.1M | 65k | 139.40 | |
| Lowes Cos | 0.6 | $8.9M | 22k | 409.02 | |
| Wells Fargo & Co | 0.6 | $8.8M | 21k | 412.69 | |
| Tjx Cos | 0.6 | $8.7M | 17k | 500.63 | |
| Solar Cap (SLRC) | 0.6 | $8.6M | 37k | 230.90 | |
| Energy Select Sector SPDR (XLE) | 0.6 | $8.5M | 11k | 783.08 | |
| Vanguard Msci Emerging Markets msci emr mkt etf | 0.6 | $8.3M | 21k | 387.94 | |
| Industrial SPDR (XLI) | 0.6 | $8.1M | 19k | 426.43 | |
| MasterCard Incorporated (MA) | 0.5 | $7.8M | 1.4k | 5748.33 | |
| Tcp Capital | 0.5 | $7.6M | 46k | 167.69 | |
| Health Care SPDR (XLV) | 0.5 | $7.5M | 16k | 476.10 | |
| Ipath Dow Jones-aig Commodity (DJP) | 0.5 | $7.6M | 21k | 364.92 | |
| Triangle Cap | 0.5 | $7.4M | 27k | 275.11 | |
| Halliburton | 0.5 | $7.2M | 17k | 417.22 | |
| New Mountain Finance | 0.5 | $7.2M | 51k | 141.61 | |
| Ishares Russell 2000 Value | 0.5 | $6.7M | 7.8k | 859.08 | |
| Cys Investments | 0.4 | $6.0M | 65k | 92.10 | |
| Consumer Discretionary SPDR (XLY) | 0.4 | $5.3M | 9.4k | 564.02 | |
| Home Depot | 0.4 | $5.2M | 6.7k | 774.76 | |
| Stryker Corp | 0.4 | $5.3M | 8.2k | 646.83 | |
| Brown & Brown | 0.3 | $5.0M | 16k | 322.44 | |
| Exxon Mobil Corporation (XOM) | 0.3 | $4.6M | 5.1k | 903.58 | |
| Mvc Capital | 0.3 | $4.7M | 37k | 125.91 | |
| Ishares Russell 2000 Growth | 0.3 | $4.6M | 4.2k | 1115.43 | |
| Apollo Investment | 0.3 | $4.5M | 58k | 77.40 | |
| Horizon Technology Fin (HRZN) | 0.3 | $4.6M | 33k | 137.39 | |
| Vanguard Intermediate Tm Cpte Bd ETF (VCIT) | 0.3 | $4.4M | 5.4k | 830.25 | |
| Annaly Cap Mgmt | 0.3 | $4.5M | 36k | 125.71 | |
| Ishares Intermed. Credit | 0.3 | $4.5M | 4.1k | 1077.42 | |
| Ishares Mbs | 0.3 | $4.5M | 4.3k | 1052.57 | |
| Hatteras Financial | 0.3 | $4.3M | 18k | 246.40 | |
| Consumer Staples Select Sect. SPDR (XLP) | 0.3 | $4.4M | 11k | 396.74 | |
| SPDR Barclay Cp Intr Trm Cr Bd (SPIB) | 0.3 | $4.3M | 13k | 335.85 | |
| Ishares Tr 2018 invtgr bd | 0.3 | $4.4M | 4.5k | 971.47 | |
| Medallion Financial | 0.3 | $4.4M | 32k | 139.10 | |
| Ishares Gold Trust ishares | 0.3 | $4.2M | 35k | 119.90 | |
| Kcap Financial | 0.3 | $4.1M | 37k | 112.60 | |
| Gladstone Capital Corp | 0.3 | $3.9M | 48k | 81.71 | |
| Pennantpark Floating Rate Capi (PFLT) | 0.3 | $3.9M | 28k | 141.41 | |
| Compass Diversified Holdings (CODI) | 0.3 | $3.8M | 22k | 175.30 | |
| MCG Capital Corporation | 0.2 | $3.7M | 71k | 52.09 | |
| Deckers Outdoor Corp | 0.2 | $3.7M | 7.3k | 505.05 | |
| ConocoPhillips (COP) | 0.2 | $3.3M | 5.5k | 605.10 | |
| Grainger W W | 0.2 | $3.3M | 1.3k | 2522.69 | |
| Landstar Sys | 0.2 | $3.2M | 6.3k | 515.05 | |
| Stellus Capital Investment | 0.2 | $3.2M | 21k | 150.51 | |
| Nextera Energy (NEE) | 0.2 | $3.1M | 3.8k | 814.85 | |
| Procter & Gamble | 0.2 | $3.1M | 4.0k | 769.94 | |
| Commerce Bancshares | 0.2 | $3.0M | 6.9k | 435.47 | |
| M&T Bank Corporation (MTB) | 0.2 | $2.9M | 2.6k | 1117.74 | |
| Colgate Palmolive | 0.2 | $2.9M | 5.0k | 573.03 | |
| Nike Inc Cl B | 0.2 | $2.9M | 4.6k | 636.92 | |
| Occidental Pete Corp Del | 0.2 | $2.8M | 3.2k | 892.41 | |
| Vanguard Short Term Corporate Bond ETF (VCSH) | 0.2 | $2.9M | 3.7k | 791.22 | |
| Automatic Data Processing In | 0.2 | $3.0M | 4.3k | 688.68 | |
| Becton Dickinson & Co | 0.2 | $2.8M | 2.9k | 988.52 | |
| Ishares 7-10 Year Treasury | 0.2 | $2.9M | 2.8k | 1025.16 | |
| Blackrock Kelso Capital | 0.2 | $2.9M | 31k | 93.59 | |
| T. Rowe Price (TROW) | 0.2 | $2.8M | 3.8k | 731.94 | |
| Novartis (NVS) | 0.2 | $2.8M | 4.0k | 707.12 | |
| Mcdonalds Corp | 0.2 | $2.8M | 2.8k | 989.97 | |
| Wal Mart Stores | 0.2 | $2.7M | 3.7k | 745.12 | |
| Clorox | 0.2 | $2.7M | 3.3k | 831.52 | |
| Analog Devices | 0.2 | $2.7M | 6.1k | 450.59 | |
| Nordstrom | 0.2 | $2.8M | 4.7k | 599.45 | |
| Brown Forman Corp | 0.2 | $2.8M | 4.2k | 675.57 | |
| Cullen/frost Bankers | 0.2 | $2.7M | 4.1k | 667.80 | |
| Mdu Resources Group | 0.2 | $2.7M | 11k | 259.15 | |
| Ishares Tr 2020 invtgr bd | 0.2 | $2.7M | 2.8k | 957.15 | |
| Nxp Semiconductors N V (NXPI) | 0.2 | $2.6M | 8.5k | 310.19 | |
| General Dynamics Corp | 0.2 | $2.7M | 3.4k | 783.33 | |
| Marathon Oil Corp | 0.2 | $2.7M | 7.8k | 345.84 | |
| Solar Senior Capital | 0.2 | $2.7M | 15k | 184.11 | |
| Ishares Tr 2023 invtgr bd | 0.2 | $2.6M | 2.8k | 929.63 | |
| American Capital | 0.2 | $2.4M | 19k | 126.70 | |
| NGP Capital Resources Company | 0.2 | $2.5M | 41k | 61.29 | |
| International | 0.2 | $2.5M | 1.3k | 1910.77 | |
| Air Prods & Chems | 0.2 | $2.5M | 2.7k | 915.96 | |
| Piedmont Natural Gas | 0.2 | $2.5M | 7.5k | 337.42 | |
| Donaldson | 0.2 | $2.5M | 6.9k | 356.64 | |
| Ofs Capital (OFS) | 0.2 | $2.5M | 21k | 119.00 | |
| Fidus Investment | 0.2 | $2.5M | 13k | 187.08 | |
| EnPro Industries (NPO) | 0.1 | $2.2M | 4.4k | 507.66 | |
| New Jersey Resources Corp. | 0.1 | $2.2M | 5.3k | 415.45 | |
| Gladstone Invt Corp | 0.1 | $2.1M | 29k | 73.50 | |
| Materials SPDR (XLB) | 0.1 | $2.1M | 5.3k | 383.44 | |
| Main Street Capital Corporation (MAIN) | 0.1 | $2.0M | 7.4k | 276.91 | |
| Ishares Tr dj us ut | 0.1 | $2.1M | 2.2k | 946.09 | |
| TICC Capital | 0.1 | $2.0M | 20k | 96.18 | |
| Patterson Companies | 0.1 | $1.8M | 4.9k | 376.08 | |
| Claymore Exchange-traded Fd gugg crp bd 2017 | 0.1 | $1.7M | 7.7k | 223.12 | |
| Ishares Inc msci brazil | 0.1 | $1.7M | 3.9k | 438.79 | |
| Full Circle Capital | 0.1 | $1.7M | 22k | 79.03 | |
| Affiliated Managers Group | 0.1 | $1.6M | 975.00 | 1640.00 | |
| Ritchie Bros Auctioneers | 0.1 | $1.5M | 8.0k | 192.17 | |
| Ishares Trust Barclays (GNMA) | 0.1 | $1.6M | 3.4k | 483.38 | |
| Ishares Trust Barclays (CMBS) | 0.1 | $1.7M | 3.2k | 512.05 | |
| Claymore Exchange Trd Fd Tr gug bull2019 e | 0.1 | $1.6M | 8.0k | 203.96 | |
| Claymore Exchange Trd Fd Tr gug bull2020 e | 0.1 | $1.6M | 7.9k | 203.46 | |
| Claymore Exchange Trd Fd Tr gug bull2018 e | 0.1 | $1.6M | 8.0k | 205.70 | |
| Ishares Tr 2016 invtgr bd | 0.1 | $1.7M | 1.7k | 988.67 | |
| Zebra Technologies Corp cl a | 0.1 | $1.5M | 3.5k | 434.49 | |
| SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd | 0.1 | $1.2M | 5.2k | 238.97 | |
| SPDR Nuveen Barclays Capital Municpl Bnd | 0.1 | $1.3M | 5.6k | 228.57 | |
| Vca Antech | 0.1 | $1.3M | 4.9k | 260.96 | |
| Morningstar | 0.1 | $1.3M | 1.7k | 776.46 | |
| Gladstone Coml | 0.1 | $1.3M | 6.7k | 186.36 | |
| Forward Air | 0.1 | $1.4M | 3.6k | 383.02 | |
| West Pharmaceutical Svsc | 0.1 | $1.4M | 2.0k | 702.80 | |
| Hittite Microwave Corporation | 0.1 | $1.2M | 2.1k | 580.09 | |
| Claymore Exchange-traded Fd gugg crp bd 2014 | 0.1 | $1.1M | 5.4k | 212.72 | |
| Claymore Exchange-traded Fd gugg crp bd 2016 | 0.1 | $1.2M | 5.3k | 220.74 | |
| Guggenheim Bulletshar | 0.1 | $1.1M | 5.2k | 217.62 | |
| Cubic Corp. | 0.1 | $1.1M | 2.3k | 480.92 | |
| Haemonetics Corp/mass | 0.1 | $1.2M | 3.0k | 413.37 | |
| Franklin Electric | 0.1 | $1.2M | 3.5k | 336.66 | |
| Graftech Intl | 0.1 | $1.1M | 15k | 72.81 | |
| Thermon Group Holdings (THR) | 0.1 | $1.2M | 6.0k | 204.06 | |
| Vocera Communications | 0.1 | $1.2M | 8.3k | 147.00 | |
| Mueller Inds | 0.1 | $1.2M | 2.4k | 504.24 | |
| Techne | 0.1 | $1.1M | 1.6k | 690.71 | |
| Fifth Street Finance | 0.1 | $1.1M | 10k | 104.53 | |
| Onebeacon Insurance Group Ltd Cl-a | 0.1 | $1.1M | 7.5k | 144.76 | |
| Douglas Dynamics (PLOW) | 0.1 | $974k | 7.5k | 129.81 | |
| C&j Energy Services | 0.1 | $1.1M | 5.6k | 193.72 | |
| Wiley John & Sons Inc Cl A cl a | 0.1 | $982k | 2.4k | 400.98 | |
| Ishrs Barclays 1-3yr Tr Bd | 0.1 | $995k | 1.2k | 843.22 | |
| Scotts Miracle Gro Co cl a | 0.1 | $936k | 1.9k | 483.22 | |
| Berkshire Hathaway Inc. - Clas | 0.1 | $843k | 5.00 | 168600.00 | |
| Mohawk Inds | 0.1 | $736k | 654.00 | 1125.38 | |
| Barclays 3-7 Year Treasury Bon | 0.1 | $782k | 647.00 | 1208.66 | |
| Ishares S&p Amt-free Municipal | 0.1 | $666k | 1.2k | 537.10 | |
| S&p 500 Value Index - Ishares | 0.1 | $657k | 866.00 | 758.66 | |
| Varian Medical Systems | 0.0 | $604k | 894.00 | 675.62 | |
| ETFS Physical Platinum Shares | 0.0 | $584k | 445.00 | 1312.36 | |
| Southwestern Energy | 0.0 | $520k | 1.4k | 365.43 | |
| Cimarex Energy | 0.0 | $518k | 797.00 | 649.94 | |
| Heartland Express | 0.0 | $541k | 3.9k | 138.86 | |
| Royal Dutch Shell Plc spons adr a | 0.0 | $545k | 854.00 | 638.17 | |
| Weyerhaeuser | 0.0 | $526k | 1.8k | 284.94 | |
| Snyders Lance | 0.0 | $594k | 2.1k | 284.35 | |
| Manatuck Hill Mariner Offshore | 0.0 | $520k | 338.00 | 1538.46 | |
| Spdr S&p 500 Etf (SPY) | 0.0 | $501k | 312.00 | 1605.77 | |
| Potash Corp. Of Saskatchewan I | 0.0 | $376k | 985.00 | 381.73 | |
| Total (TTE) | 0.0 | $417k | 855.00 | 487.72 | |
| Prospect Capital Corporation (PSEC) | 0.0 | $456k | 4.2k | 108.06 | |
| PowerShares DB US Dollar Index Bullish | 0.0 | $378k | 1.7k | 225.94 | |
| Coca Cola | 0.0 | $382k | 951.00 | 401.68 | |
| Pioneer Natural Resources | 0.0 | $388k | 268.00 | 1447.76 | |
| Bhp Billiton | 0.0 | $374k | 649.00 | 576.27 | |
| Bp | 0.0 | $495k | 1.2k | 417.37 | |
| Imperial Oil | 0.0 | $374k | 979.00 | 382.02 | |
| Leucadia Natl Corp | 0.0 | $399k | 1.5k | 262.16 | |
| Mosaic (MOS) | 0.0 | $405k | 751.00 | 539.28 | |
| New Gold Inc Cda | 0.0 | $368k | 5.7k | 64.28 | |
| Gulf Coast Ultra Deep Royalty (GULTU) | 0.0 | $392k | 19k | 20.38 | |
| Ishares National Amt-free Muni | 0.0 | $441k | 419.00 | 1052.51 | |
| Ishares S&p Amt-free Municipal | 0.0 | $452k | 874.00 | 517.16 | |
| Ishares S&p Amt-free Municipal | 0.0 | $448k | 846.00 | 529.55 | |
| Ishares S&p Amt-free Municipal | 0.0 | $459k | 839.00 | 547.08 | |
| Ishares S&p Amt-free Municipal | 0.0 | $448k | 1.8k | 248.75 | |
| S&p 500 Growth Index - Ishares | 0.0 | $430k | 511.00 | 841.49 | |
| JPMorgan Chase & Co. (JPM) | 0.0 | $327k | 619.00 | 528.27 | |
| Cameco Corporation (CCJ) | 0.0 | $350k | 1.7k | 206.86 | |
| Freeport-McMoRan Copper & Gold (FCX) | 0.0 | $329k | 1.2k | 275.78 | |
| Energy Xxi | 0.0 | $324k | 1.5k | 222.07 | |
| Contango Oil & Gas Company | 0.0 | $329k | 974.00 | 337.78 | |
| Eni S.p.A. (E) | 0.0 | $334k | 813.00 | 410.82 | |
| Repsol YPF (REPYY) | 0.0 | $335k | 1.6k | 211.49 | |
| Anglo American | 0.0 | $298k | 3.1k | 96.28 | |
| SM Energy (SM) | 0.0 | $362k | 604.00 | 599.34 | |
| Yamana Gold | 0.0 | $349k | 3.7k | 95.23 | |
| General Electric | 0.0 | $362k | 1.6k | 232.05 | |
| Saratoga Investment (SAR) | 0.0 | $247k | 1.4k | 175.43 | |
| ETFS Physical Palladium Shares | 0.0 | $333k | 514.00 | 647.86 | |
| Newmont Mining Corp | 0.0 | $346k | 1.2k | 299.31 | |
| WisdomTree Japan Total Dividend (DXJ) | 0.0 | $278k | 610.00 | 455.74 | |
| Peabody Energy Corp | 0.0 | $264k | 1.8k | 146.26 | |
| Murphy Oil Corp | 0.0 | $363k | 595.00 | 610.08 | |
| Sociedad Quimica Y Minera De C adr rep | 0.0 | $316k | 782.00 | 404.09 | |
| Wisdomtree Tr intl hedge eqt (HEDJ) | 0.0 | $277k | 575.00 | 481.74 | |
| Agrium | 0.0 | $359k | 412.00 | 871.36 | |
| Barrick Gold Corp | 0.0 | $294k | 1.9k | 157.39 | |
| Eldorado Gold Corp | 0.0 | $345k | 5.6k | 61.77 | |
| Royal Gold | 0.0 | $307k | 729.00 | 421.12 | |
| Silver Wheaton Corp | 0.0 | $302k | 1.5k | 197.13 | |
| Potlatch Corp | 0.0 | $301k | 745.00 | 404.03 | |
| Franco Nevada | 0.0 | $336k | 939.00 | 357.83 | |
| Deltic Timber | 0.0 | $322k | 556.00 | 579.14 | |
| Ares Coml Real Estate (ACRE) | 0.0 | $256k | 2.0k | 128.00 | |
| Harvest Cap Cr | 0.0 | $302k | 2.0k | 151.00 | |
| Bank Of Marin | 0.0 | $245k | 613.00 | 399.67 | |
| Vanguard Equity-in | 0.0 | $249k | 432.00 | 576.39 | |
| Walter Energy | 0.0 | $126k | 1.2k | 103.96 | |
| PIMCO Intermediate Mun Bond Strat Fund (MUNI) | 0.0 | $218k | 421.00 | 517.81 | |
| First Trust ISE Revere Natural Gas | 0.0 | $215k | 1.3k | 160.81 | |
| Uranium Energy | 0.0 | $174k | 9.7k | 17.86 | |
| Golub Capital Inc. - 144a | 0.0 | $23k | 2.3k | 9.82 |
