Confluence Investment Management

Confluence Investment Management as of June 30, 2016

Portfolio Holdings for Confluence Investment Management

Confluence Investment Management holds 230 positions in its portfolio as reported in the June 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Johnson & Johnson (JNJ) 2.7 $98M 808k 121.30
Pepsi (PEP) 2.6 $94M 887k 105.94
Chevron Corporation (CVX) 2.5 $91M 866k 104.83
Diageo (DEO) 2.1 $77M 678k 112.88
Chubb (CB) 1.9 $71M 544k 130.71
3M Company (MMM) 1.9 $68M 386k 175.12
Microsoft Corporation (MSFT) 1.9 $67M 1.3M 51.17
Paychex (PAYX) 1.8 $67M 1.1M 59.50
Southern Company (SO) 1.8 $65M 1.2M 53.63
Colgate-Palmolive Company (CL) 1.8 $64M 874k 73.20
Linear Technology Corporation 1.8 $64M 1.4M 46.53
Iron Mountain (IRM) 1.8 $64M 1.6M 39.83
Fnf (FNF) 1.7 $63M 1.7M 37.50
Kraft Heinz (KHC) 1.7 $63M 714k 88.48
Stryker Corporation (SYK) 1.7 $63M 526k 119.83
Northern Trust Corporation (NTRS) 1.6 $59M 895k 66.26
Gra (GGG) 1.6 $59M 745k 78.99
GlaxoSmithKline 1.6 $58M 1.3M 43.34
Martin Marietta Materials (MLM) 1.6 $56M 293k 192.00
Praxair 1.6 $57M 502k 112.39
Pfizer (PFE) 1.5 $55M 1.6M 35.21
Ares Capital Corporation (ARCC) 1.5 $55M 3.8M 14.20
Weyerhaeuser Company (WY) 1.5 $54M 1.8M 29.77
Broadridge Financial Solutions (BR) 1.5 $54M 824k 65.20
Rayonier (RYN) 1.5 $54M 2.0M 26.24
Progressive Corporation (PGR) 1.5 $53M 1.6M 33.50
General Electric Company 1.5 $53M 1.7M 31.48
Markel Corporation (MKL) 1.4 $52M 55k 952.78
Fastenal Company (FAST) 1.4 $51M 1.2M 44.39
E.I. du Pont de Nemours & Company 1.3 $49M 750k 64.80
C.H. Robinson Worldwide (CHRW) 1.3 $49M 659k 74.25
Kinder Morgan (KMI) 1.2 $44M 2.4M 18.72
American International (AIG) 1.2 $43M 816k 52.89
Kohl's Corporation (KSS) 1.2 $43M 1.1M 37.92
Mattel (MAT) 1.1 $39M 1.3M 31.29
Discovery Communications 1.1 $39M 1.6M 23.85
TJX Companies (TJX) 1.0 $38M 489k 77.23
Digital Realty Trust (DLR) 1.0 $36M 333k 108.99
Compagnie Fin Richemontag S (CFRUY) 1.0 $35M 6.0M 5.83
MasterCard Incorporated (MA) 0.9 $34M 389k 88.06
Lowe's Companies (LOW) 0.9 $34M 433k 79.17
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.9 $32M 230k 138.90
Illinois Tool Works (ITW) 0.8 $31M 294k 104.16
W.R. Berkley Corporation (WRB) 0.8 $30M 505k 59.92
United Technologies Corporation 0.8 $30M 290k 102.55
American Express Company (AXP) 0.8 $30M 486k 60.76
Brown & Brown (BRO) 0.8 $29M 777k 37.47
Bed Bath & Beyond 0.8 $29M 662k 43.22
Thermo Fisher Scientific (TMO) 0.8 $29M 195k 147.76
Berkshire Hathaway (BRK.B) 0.8 $28M 193k 144.79
Express Scripts Holding 0.7 $25M 334k 75.80
Schlumberger (SLB) 0.7 $25M 311k 79.08
Alphabet Inc Class C cs (GOOG) 0.6 $23M 33k 692.12
Wells Fargo & Company (WFC) 0.6 $22M 467k 47.33
Advisory Board Company 0.6 $22M 614k 35.39
iShares S&P MidCap 400 Growth (IJK) 0.6 $22M 129k 169.11
iShares S&P MidCap 400 Value Index (IJJ) 0.6 $22M 169k 128.05
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.6 $20M 177k 112.95
Expeditors International of Washington (EXPD) 0.5 $20M 400k 49.04
re Max Hldgs Inc cl a (RMAX) 0.5 $19M 464k 40.26
MSC Industrial Direct (MSM) 0.5 $18M 250k 70.56
Vanguard Long Term Corporate Bond ETF (VCLT) 0.4 $16M 166k 94.54
Golub Capital BDC (GBDC) 0.4 $14M 780k 18.07
Donaldson Company (DCI) 0.4 $14M 396k 34.36
iShares FTSE NAREIT Resi Plus Capp (REZ) 0.4 $13M 196k 67.50
Home Depot (HD) 0.3 $13M 100k 127.69
Ishares Tr 2023 invtgr bd 0.3 $12M 122k 100.42
Morningstar (MORN) 0.3 $12M 147k 81.78
Vaneck Vectors Etf Tr amt free long mu (MLN) 0.3 $12M 563k 21.10
Becton, Dickinson and (BDX) 0.3 $12M 68k 169.58
Lockheed Martin Corporation (LMT) 0.3 $12M 47k 248.18
Clorox Company (CLX) 0.3 $12M 84k 138.39
MTS Systems Corporation 0.3 $12M 263k 43.84
New Jersey Resources Corporation (NJR) 0.3 $12M 302k 38.55
iShares Dow Jones US Technology (IYW) 0.3 $12M 112k 105.28
Exxon Mobil Corporation (XOM) 0.3 $11M 119k 93.74
MDU Resources (MDU) 0.3 $11M 470k 24.00
McDonald's Corporation (MCD) 0.3 $10M 86k 120.34
Commerce Bancshares (CBSH) 0.3 $10M 217k 47.90
iShares Russell Midcap Growth Idx. (IWP) 0.3 $11M 113k 93.58
THL Credit 0.3 $10M 934k 11.13
New Mountain Finance Corp (NMFC) 0.3 $11M 824k 12.90
Tcp Capital 0.3 $10M 683k 15.28
Medtronic (MDT) 0.3 $11M 122k 86.77
Occidental Petroleum Corporation (OXY) 0.3 $10M 134k 75.56
General Dynamics Corporation (GD) 0.3 $10M 72k 139.24
SEI Investments Company (SEIC) 0.3 $10M 207k 48.11
Air Products & Chemicals (APD) 0.3 $9.8M 69k 142.05
Procter & Gamble Company (PG) 0.3 $9.8M 116k 84.67
Solar Cap (SLRC) 0.3 $10M 523k 19.05
iShares Russell 2000 Value Index (IWN) 0.3 $9.6M 99k 97.29
iShares Russell 2000 Growth Index (IWO) 0.3 $9.8M 72k 137.18
SPDR Barclay Cp Intr Trm Cr Bd (SPIB) 0.3 $9.7M 278k 34.89
Polaris Industries (PII) 0.3 $9.4M 115k 81.76
Analog Devices (ADI) 0.3 $9.4M 165k 56.64
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 0.3 $9.5M 123k 77.31
iShares S&P SmallCap 600 Growth (IJT) 0.3 $9.4M 74k 128.41
iShares 10+ Year Credit Bond Fund ETF (IGLB) 0.3 $9.3M 149k 62.65
Ishares Tr 2018 invtgr bd 0.3 $9.5M 96k 99.05
M&T Bank Corporation (MTB) 0.2 $9.0M 76k 118.23
T. Rowe Price (TROW) 0.2 $9.1M 125k 72.97
Vanguard REIT ETF (VNQ) 0.2 $9.2M 104k 88.67
W.W. Grainger (GWW) 0.2 $8.8M 39k 227.25
Novartis (NVS) 0.2 $8.8M 106k 82.51
Hercules Technology Growth Capital (HTGC) 0.2 $8.6M 694k 12.42
iShares S&P SmallCap 600 Value Idx (IJS) 0.2 $8.7M 75k 116.83
Ishares Corporate Bond Etf 202 0.2 $8.5M 79k 108.08
Nike (NKE) 0.2 $8.2M 149k 55.20
Triangle Capital Corporation 0.2 $8.5M 438k 19.38
Consumer Discretionary SPDR (XLY) 0.2 $7.9M 101k 78.06
Triplepoint Venture Gr Bdc cs (TPVG) 0.2 $7.8M 739k 10.59
Cullen/Frost Bankers (CFR) 0.2 $7.6M 119k 63.73
Vanguard Small-Cap Growth ETF (VBK) 0.2 $7.5M 60k 123.90
iShares Lehman MBS Bond Fund (MBB) 0.2 $7.1M 65k 109.97
Alphabet Inc Class A cs (GOOGL) 0.2 $7.2M 10k 703.54
Nordstrom 0.2 $6.1M 161k 38.05
PennantPark Investment (PNNT) 0.2 $6.2M 915k 6.83
Ishares Tr 2020 invtgr bd 0.2 $6.0M 60k 100.40
Tpg Specialty Lnding Inc equity 0.2 $6.1M 370k 16.61
Spdr Nuveen Barclays Muni Bond Etf nuvn brcly muni (TFI) 0.2 $6.2M 123k 50.59
Nxp Semiconductors N V (NXPI) 0.2 $5.9M 76k 78.34
Cys Investments 0.2 $5.9M 699k 8.37
Patterson Companies (PDCO) 0.1 $5.5M 115k 47.89
American Capital 0.1 $5.4M 342k 15.83
Industrial SPDR (XLI) 0.1 $4.9M 88k 56.00
Consumer Staples Select Sect. SPDR (XLP) 0.1 $5.2M 95k 55.15
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.1 $4.9M 45k 111.26
iShares Dow Jones US Financial (IYF) 0.1 $5.1M 60k 85.94
Health Care SPDR (XLV) 0.1 $4.7M 66k 71.71
Ofs Capital (OFS) 0.1 $4.8M 370k 12.85
Main Street Capital Corporation (MAIN) 0.1 $4.2M 129k 32.85
Medley Capital Corporation 0.1 $4.4M 657k 6.70
Goldmansachsbdc (GSBD) 0.1 $4.4M 219k 19.99
Black Knight Finl Svcs Inc cl a 0.1 $4.2M 112k 37.60
iShares Dow Jones US Utilities (IDU) 0.1 $4.0M 31k 131.26
Stellus Capital Investment (SCM) 0.1 $4.0M 392k 10.24
Ishares Tr ibonds dec 22 0.1 $4.2M 157k 26.44
Annaly Capital Management 0.1 $3.5M 318k 11.07
FEI Company 0.1 $3.5M 33k 106.87
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.1 $3.5M 28k 127.35
Claymore Exchange Trd Fd Tr gug bull2019 e 0.1 $3.6M 169k 21.43
Claymore Exchange Trd Fd Tr gug bull2020 e 0.1 $3.6M 168k 21.71
Claymore Exchange Trd Fd Tr gug bull2018 e 0.1 $3.6M 168k 21.37
Gugenheim Bulletshares 2022 Corp Bd 0.1 $3.7M 172k 21.54
Claymore Exchange Trd Fd Tr gugg bulsh 2021 0.1 $3.7M 170k 21.52
Fs Investment Corporation 0.1 $3.8M 414k 9.05
Claymore Exchange Trd Fd Tr 2024 corp bond 0.1 $3.7M 176k 21.23
VCA Antech 0.1 $3.2M 47k 67.62
Energy Select Sector SPDR (XLE) 0.1 $3.4M 50k 68.23
Varian Medical Systems 0.1 $2.9M 35k 82.22
Apollo Investment 0.1 $3.1M 551k 5.54
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.1 $3.1M 25k 122.72
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.1 $2.8M 25k 113.94
Hilton Worlwide Hldgs 0.1 $2.8M 122k 22.53
Ishares 2020 Amt-free Muni Bond Etf 0.1 $2.8M 107k 25.96
Ishares Tr ibonds dec 21 0.1 $2.8M 106k 26.16
John Bean Technologies Corporation (JBTM) 0.1 $2.5M 41k 61.21
Natus Medical 0.1 $2.6M 70k 37.80
Bio-techne Corporation (TECH) 0.1 $2.5M 22k 112.79
Spdr S&p 500 Etf (SPY) 0.1 $2.2M 11k 209.48
Forward Air Corporation 0.1 $2.0M 45k 44.52
Mueller Industries (MLI) 0.1 $2.1M 67k 31.88
Raven Industries 0.1 $2.0M 107k 18.94
Monotype Imaging Holdings 0.1 $2.1M 86k 24.63
Onebeacon Insurance Group Ltd Cl-a 0.1 $2.0M 146k 13.80
National Interstate Corporation 0.1 $2.2M 72k 30.25
Blackrock Kelso Capital 0.1 $2.3M 291k 7.78
Bank of Marin Ban (BMRC) 0.1 $2.1M 44k 48.36
Lance 0.1 $2.4M 70k 33.89
Horizon Technology Fin (HRZN) 0.1 $2.2M 179k 12.20
Potbelly (PBPB) 0.1 $2.1M 171k 12.54
Alcentra Cap 0.1 $2.3M 190k 12.15
Franklin Electric (FELE) 0.1 $1.9M 58k 33.05
Gladstone Commercial Corporation (GOOD) 0.1 $2.0M 118k 16.89
Landstar System (LSTR) 0.1 $1.8M 26k 68.68
Exponent (EXPO) 0.1 $2.0M 34k 58.40
Piedmont Natural Gas Company 0.1 $1.9M 31k 60.13
Thermon Group Holdings (THR) 0.1 $1.9M 98k 19.21
Pennantpark Floating Rate Capi (PFLT) 0.1 $1.9M 153k 12.40
I Shares 2019 Etf 0.1 $1.9M 75k 25.73
Cm Fin 0.1 $1.8M 198k 8.88
Halyard Health 0.1 $2.0M 61k 32.52
Haemonetics Corporation (HAE) 0.0 $1.6M 56k 28.98
Compass Diversified Holdings (CODI) 0.0 $1.5M 88k 16.59
iShares Gold Trust 0.0 $1.4M 108k 12.76
Hatteras Financial 0.0 $1.6M 96k 16.40
Kcap Financial 0.0 $1.3M 341k 3.92
Berkshire Hathaway (BRK.A) 0.0 $1.1M 5.00 217000.00
Capstead Mortgage Corporation 0.0 $1.1M 111k 9.70
RBC Bearings Incorporated (RBC) 0.0 $1.1M 15k 72.48
Cu (CULP) 0.0 $1.1M 40k 27.64
Gladstone Investment Corporation (GAIN) 0.0 $1.0M 143k 7.16
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.0 $910k 10k 89.39
Franklin Street Properties (FSP) 0.0 $736k 60k 12.27
Gladstone Capital Corporation 0.0 $717k 99k 7.24
SPDR Gold Trust (GLD) 0.0 $619k 4.9k 126.51
Medallion Financial (MFIN) 0.0 $615k 83k 7.38
Chemours (CC) 0.0 $639k 78k 8.24
Dow Chemical Company 0.0 $204k 4.1k 49.72
Vulcan Materials Company (VMC) 0.0 $329k 2.7k 120.38
Alcoa 0.0 $272k 29k 9.26
Anheuser-Busch InBev NV (BUD) 0.0 $354k 2.7k 131.60
EOG Resources (EOG) 0.0 $347k 4.2k 83.37
Visa (V) 0.0 $221k 3.0k 74.16
Fifth Street Finance 0.0 $228k 47k 4.86
Pioneer Natural Resources 0.0 $307k 2.0k 151.38
FMC Corporation (FMC) 0.0 $233k 5.0k 46.23
Royal Gold (RGLD) 0.0 $371k 5.1k 72.09
Potlatch Corporation (PCH) 0.0 $243k 7.1k 34.08
iShares Russell 1000 Growth Index (IWF) 0.0 $263k 2.6k 100.54
iShares S&P 500 Growth Index (IVW) 0.0 $370k 3.2k 116.54
iShares S&P 500 Value Index (IVE) 0.0 $446k 4.8k 92.84
Silver Wheaton Corp 0.0 $393k 17k 23.51
iShares Silver Trust (SLV) 0.0 $285k 16k 17.84
iShares S&P SmallCap 600 Index (IJR) 0.0 $292k 2.5k 116.38
Vanguard Emerging Markets ETF (VWO) 0.0 $352k 10k 35.25
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.0 $260k 2.5k 106.04
Franco-Nevada Corporation (FNV) 0.0 $414k 5.4k 76.09
First Trust S&P REIT Index Fund (FRI) 0.0 $242k 9.8k 24.69
Manatuck Hill Mariner Offshore 0.0 $379k 2.8k 134.73
Vanguard Equity Income Admiral (VEIRX) 0.0 $224k 3.4k 65.92
First Tr Exch Trd Alphadex mid cp gr alph (FNY) 0.0 $370k 12k 30.04
First Tr Exch Trd Alphadex sml cp grw a (FYC) 0.0 $273k 8.7k 31.25
First Tr Mid Cap Val Etf equity (FNK) 0.0 $240k 8.6k 27.96
Sandstorm Gold (SAND) 0.0 $240k 54k 4.47
Harvest Cap Cr 0.0 $213k 17k 12.76
Hallador Energy (HNRG) 0.0 $177k 38k 4.61
First Majestic Silver Corp (AG) 0.0 $167k 12k 13.61
Torex Gold Resources 0.0 $86k 48k 1.80
Us Natural Gas Fd Etf 0.0 $121k 14k 8.66