Confluence Investment Management

Confluence Investment Management as of June 30, 2018

Portfolio Holdings for Confluence Investment Management

Confluence Investment Management holds 312 positions in its portfolio as reported in the June 2018 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Dowdupont 2.5 $145M 2.2M 65.92
Diageo (DEO) 2.5 $141M 975k 144.01
Microsoft Corporation (MSFT) 2.5 $139M 1.4M 98.61
Polaris Industries (PII) 2.4 $138M 1.1M 122.18
Johnson & Johnson (JNJ) 2.4 $138M 1.1M 121.34
Pepsi (PEP) 2.3 $131M 1.2M 108.87
Northern Trust Corporation (NTRS) 2.2 $123M 1.2M 102.89
Progressive Corporation (PGR) 2.1 $121M 2.1M 59.15
Paychex (PAYX) 2.1 $121M 1.8M 68.35
Praxair 2.1 $119M 754k 158.15
Fastenal Company (FAST) 2.1 $119M 2.5M 48.13
Rayonier (RYN) 2.1 $118M 3.0M 38.69
Chevron Corporation (CVX) 2.0 $116M 916k 126.43
Black Knight 2.0 $116M 2.2M 53.55
3M Company (MMM) 1.9 $108M 551k 196.72
Broadridge Financial Solutions (BR) 1.8 $103M 893k 115.10
Southern Company (SO) 1.8 $103M 2.2M 46.31
Kinder Morgan (KMI) 1.8 $103M 5.8M 17.67
Gra (GGG) 1.8 $101M 2.2M 45.22
Martin Marietta Materials (MLM) 1.7 $99M 444k 223.33
Chubb (CB) 1.7 $99M 779k 127.02
Colgate-Palmolive Company (CL) 1.7 $99M 1.5M 64.81
Iron Mountain (IRM) 1.6 $93M 2.7M 35.01
Fnf (FNF) 1.6 $91M 2.4M 37.62
Kraft Heinz (KHC) 1.6 $91M 1.4M 62.82
Pfizer (PFE) 1.6 $89M 2.5M 36.28
Gilead Sciences (GILD) 1.5 $86M 1.2M 70.84
Ares Capital Corporation (ARCC) 1.5 $86M 5.2M 16.45
Weyerhaeuser Company (WY) 1.5 $84M 2.3M 36.46
Stryker Corporation (SYK) 1.3 $75M 445k 168.86
Markel Corporation (MKL) 1.2 $71M 65k 1084.34
Digital Realty Trust (DLR) 1.2 $69M 621k 111.58
Axalta Coating Sys (AXTA) 1.2 $67M 2.2M 30.31
MasterCard Incorporated (MA) 1.1 $60M 305k 196.52
Allergan 1.0 $59M 356k 166.72
Compagnie Fin Richemontag S (CFRUY) 1.0 $59M 7.0M 8.42
GlaxoSmithKline 1.0 $58M 1.4M 40.31
TJX Companies (TJX) 1.0 $58M 608k 95.18
American International (AIG) 1.0 $58M 1.1M 53.02
Analog Devices (ADI) 0.8 $46M 476k 95.92
American Express Company (AXP) 0.8 $45M 460k 98.00
Schlumberger (SLB) 0.7 $41M 616k 67.03
Nxp Semiconductors N V (NXPI) 0.7 $41M 379k 109.27
United Technologies Corporation 0.7 $41M 329k 125.03
Illinois Tool Works (ITW) 0.7 $40M 291k 138.54
SPECTRUM BRANDS Hldgs 0.7 $40M 492k 81.62
Starbucks Corporation (SBUX) 0.7 $38M 780k 48.85
MSC Industrial Direct (MSM) 0.7 $37M 440k 84.85
Thermo Fisher Scientific (TMO) 0.6 $34M 164k 207.14
Berkshire Hathaway (BRK.B) 0.6 $34M 181k 186.65
W.R. Berkley Corporation (WRB) 0.6 $34M 467k 72.41
Natus Medical 0.6 $33M 961k 34.50
Lowe's Companies (LOW) 0.6 $33M 342k 95.57
Alphabet Inc Class C cs (GOOG) 0.6 $31M 28k 1115.62
Brown & Brown (BRO) 0.5 $29M 1.0M 27.73
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.5 $27M 263k 102.51
Oracle Corporation (ORCL) 0.5 $26M 586k 44.06
Home Depot (HD) 0.4 $24M 121k 195.10
MTS Systems Corporation 0.4 $21M 406k 52.65
iShares S&P 500 Growth Index (IVW) 0.4 $22M 134k 162.61
Accenture (ACN) 0.4 $21M 128k 163.59
T. Rowe Price (TROW) 0.4 $21M 178k 116.09
Becton, Dickinson and (BDX) 0.4 $21M 86k 239.56
Commerce Bancshares (CBSH) 0.3 $20M 309k 64.71
Nike (NKE) 0.3 $19M 243k 79.68
iShares Lehman MBS Bond Fund (MBB) 0.3 $19M 184k 104.18
Discovery Communications 0.3 $19M 727k 25.50
New Jersey Resources Corporation (NJR) 0.3 $18M 409k 44.75
Ishares Tr 2023 invtgr bd 0.3 $18M 761k 23.56
Medtronic (MDT) 0.3 $18M 211k 85.61
SEI Investments Company (SEIC) 0.3 $18M 280k 62.52
M&T Bank Corporation (MTB) 0.3 $17M 102k 170.15
McDonald's Corporation (MCD) 0.3 $18M 112k 156.69
Morningstar (MORN) 0.3 $18M 137k 128.25
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.3 $18M 145k 121.72
MDU Resources (MDU) 0.3 $17M 601k 28.68
Cullen/Frost Bankers (CFR) 0.3 $16M 152k 108.24
PPG Industries (PPG) 0.3 $16M 156k 103.73
Lockheed Martin Corporation (LMT) 0.3 $17M 56k 295.43
Clorox Company (CLX) 0.3 $17M 124k 135.25
Donaldson Company (DCI) 0.3 $17M 369k 45.12
Expeditors International of Washington (EXPD) 0.3 $16M 214k 73.10
Air Products & Chemicals (APD) 0.3 $16M 103k 155.73
Bsco etf (BSCO) 0.3 $16M 806k 20.07
General Dynamics Corporation (GD) 0.3 $15M 83k 186.41
Exxon Mobil Corporation (XOM) 0.3 $15M 180k 82.73
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 0.3 $15M 191k 77.43
Procter & Gamble Company (PG) 0.2 $14M 181k 78.06
SPDR Barclay Cp Intr Trm Cr Bd (SPIB) 0.2 $15M 434k 33.29
Ishares Tr ibonds dec2026 (IBDR) 0.2 $14M 613k 23.32
Novartis (NVS) 0.2 $14M 179k 75.54
iShares S&P 500 Value Index (IVE) 0.2 $14M 124k 110.13
Golub Capital BDC (GBDC) 0.2 $12M 671k 18.30
New Mountain Finance Corp (NMFC) 0.2 $13M 917k 13.60
Ishares Corporate Bond Etf 202 0.2 $13M 491k 25.65
Patterson Companies (PDCO) 0.2 $11M 496k 22.67
Triangle Capital Corporation 0.2 $12M 1.0M 11.50
Nordstrom (JWN) 0.2 $11M 204k 51.78
iShares S&P SmallCap 600 Growth (IJT) 0.2 $11M 57k 188.95
Tcp Capital 0.2 $11M 748k 14.45
Hercules Technology Growth Capital (HTGC) 0.2 $10M 826k 12.65
Solar Cap (SLRC) 0.2 $10M 487k 20.44
Ishares Tr 2020 invtgr bd 0.2 $9.1M 376k 24.34
Spdr Nuveen Barclays Muni Bond Etf nuvn brcly muni (TFI) 0.2 $9.1M 189k 47.98
Vaneck Vectors Etf Tr amt free long mu (MLN) 0.2 $8.9M 449k 19.85
THL Credit 0.1 $8.4M 1.1M 7.82
Triplepoint Venture Gr Bdc cs (TPVG) 0.1 $8.6M 695k 12.43
Movado (MOV) 0.1 $7.6M 156k 48.30
iShares S&P MidCap 400 Growth (IJK) 0.1 $7.5M 33k 224.78
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.1 $7.3M 69k 106.23
iShares S&P SmallCap 600 Value Idx (IJS) 0.1 $7.4M 45k 163.27
Boston Beer Company (SAM) 0.1 $6.7M 23k 299.72
Vanguard Emerging Markets ETF (VWO) 0.1 $6.9M 164k 42.20
Allied Motion Technologies (ALNT) 0.1 $6.8M 141k 47.88
Cys Investments 0.1 $7.0M 932k 7.52
Stellus Capital Investment (SCM) 0.1 $7.1M 553k 12.78
Ishares Tr ibonds dec 21 0.1 $7.0M 275k 25.43
Ishares Tr ibonds dec 22 0.1 $6.9M 272k 25.52
PennantPark Investment (PNNT) 0.1 $6.4M 920k 7.00
Tpg Specialty Lnding Inc equity 0.1 $6.5M 360k 17.94
Halyard Health 0.1 $6.2M 108k 57.25
Rmr Group Inc cl a (RMR) 0.1 $6.1M 78k 78.45
Raven Industries 0.1 $5.4M 141k 38.45
Bank of Marin Ban (BMRC) 0.1 $5.8M 72k 80.85
iShares MSCI ACWI ex US Index Fund (ACWX) 0.1 $5.9M 125k 47.25
Thermon Group Holdings (THR) 0.1 $5.5M 240k 22.87
Varex Imaging (VREX) 0.1 $5.4M 146k 37.09
Invesco Bulletshares 2019 Corp 0.1 $5.5M 263k 21.00
Invesco Bulletshares 2020 Corp 0.1 $5.5M 261k 21.06
Invesco Bulletshares 2021 Corp 0.1 $5.5M 263k 20.76
Bscm etf 0.1 $5.4M 263k 20.65
Annaly Capital Management 0.1 $5.0M 487k 10.27
Forward Air Corporation (FWRD) 0.1 $5.0M 85k 59.09
Gladstone Commercial Corporation (GOOD) 0.1 $5.1M 263k 19.22
Innophos Holdings 0.1 $5.0M 106k 47.60
Monotype Imaging Holdings 0.1 $5.2M 259k 20.30
Cambrex Corporation 0.1 $4.9M 93k 52.31
iShares Gold Trust 0.1 $5.2M 429k 12.02
iShares S&P MidCap 400 Value Index (IJJ) 0.1 $5.2M 32k 162.04
Ofs Capital (OFS) 0.1 $5.0M 440k 11.46
re Max Hldgs Inc cl a (RMAX) 0.1 $5.2M 99k 52.45
Ishares 2020 Amt-free Muni Bond Etf 0.1 $5.0M 199k 25.38
Veritex Hldgs (VBTX) 0.1 $5.1M 165k 31.07
John Bean Technologies Corporation (JBT) 0.1 $4.7M 53k 88.90
Astec Industries (ASTE) 0.1 $4.8M 81k 59.80
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.1 $4.4M 41k 109.05
Vanguard European ETF (VGK) 0.1 $4.5M 81k 56.13
Potbelly (PBPB) 0.1 $4.5M 351k 12.95
Bio-techne Corporation (TECH) 0.1 $4.6M 31k 147.93
Ishares Tr ibnd dec21 etf 0.1 $4.5M 186k 24.37
Spdr S&p 500 Etf (SPY) 0.1 $4.0M 15k 271.25
Apollo Investment 0.1 $4.2M 751k 5.57
Ishares Inc core msci emkt (IEMG) 0.1 $3.8M 72k 52.51
Fs Investment Corporation 0.1 $4.3M 580k 7.35
RBC Bearings Incorporated (RBC) 0.1 $3.3M 26k 128.81
Cu (CULP) 0.1 $3.6M 145k 24.55
Main Street Capital Corporation (MAIN) 0.1 $3.3M 86k 38.06
SPDR S&P World ex-US (SPDW) 0.1 $3.5M 116k 30.40
Luxoft Holding Inc cmn 0.1 $3.7M 100k 36.84
Goldmansachsbdc (GSBD) 0.1 $3.5M 172k 20.48
Gates Industrial Corpratin P ord (GTES) 0.1 $3.6M 220k 16.27
Guggenheim Bulletshrs 2025 Corp Bd Etf (BSCP) 0.1 $3.6M 181k 19.79
U.s. Concrete Inc Cmn 0.1 $2.9M 56k 52.51
I Shares 2019 Etf 0.1 $3.1M 123k 25.39
Icon (ICLR) 0.0 $2.5M 19k 132.53
Cm Fin 0.0 $2.0M 228k 8.90
Alibaba Group Holding (BABA) 0.0 $2.1M 12k 185.55
Shopify Inc cl a (SHOP) 0.0 $2.4M 16k 145.90
Ishares Tr ibnd dec23 etf 0.0 $2.6M 105k 24.28
Ishares Tr ibnd dec25 etf (IBDQ) 0.0 $2.5M 106k 23.93
Alphabet Inc Class A cs (GOOGL) 0.0 $2.5M 2.2k 1129.24
Ishares Tr ibonds etf (IBDS) 0.0 $2.5M 108k 23.61
BP (BP) 0.0 $1.5M 33k 45.67
Sony Corporation (SONY) 0.0 $1.6M 32k 51.25
Credit Suisse Group 0.0 $1.7M 111k 14.88
Rio Tinto (RIO) 0.0 $1.9M 34k 55.49
Royal Dutch Shell 0.0 $1.9M 28k 69.22
Elbit Systems (ESLT) 0.0 $1.6M 14k 118.70
ING Groep (ING) 0.0 $1.7M 118k 14.32
Exponent (EXPO) 0.0 $1.9M 38k 48.31
Teck Resources Ltd cl b (TECK) 0.0 $1.4M 56k 25.45
Ecopetrol (EC) 0.0 $1.6M 76k 20.55
Sumitomo Mitsui Financial Grp (SMFG) 0.0 $1.5M 194k 7.77
United Overseas Bank (UOVEY) 0.0 $1.4M 37k 39.44
iShares Dow Jones US Financial (IYF) 0.0 $1.5M 13k 117.22
DBS Group Holdings (DBSDY) 0.0 $1.6M 21k 78.58
LVMH Moet Hennessy Louis Vuitton SA (LVMUY) 0.0 $1.5M 23k 66.31
Tencent Holdings Ltd - (TCEHY) 0.0 $1.7M 33k 50.26
Vanguard Long Term Corporate Bond ETF (VCLT) 0.0 $1.8M 21k 87.59
Medley Capital Corporation 0.0 $1.7M 487k 3.47
Aia Group Ltd-sp (AAGIY) 0.0 $1.5M 44k 35.04
D Ishares (EEMS) 0.0 $1.4M 30k 47.74
Sysmex Corp for (SSMXY) 0.0 $1.5M 32k 46.41
Waste Connections (WCN) 0.0 $1.9M 25k 75.30
Ishares Msci Japan (EWJ) 0.0 $1.6M 28k 57.91
Ishares Tr Ibonds Dec2023 etf 0.0 $1.7M 68k 24.95
Naspers Ltd - N (NPSNY) 0.0 $1.5M 31k 50.13
Oaktree Specialty Lending Corp 0.0 $1.5M 311k 4.78
Delphi Automotive Inc international (APTV) 0.0 $1.6M 18k 91.61
Melco Crown Entertainment (MLCO) 0.0 $882k 32k 27.99
JPMorgan Chase & Co. (JPM) 0.0 $1.2M 12k 104.22
Abbott Laboratories (ABT) 0.0 $899k 15k 60.97
Gartner (IT) 0.0 $1.0M 7.6k 132.85
Berkshire Hathaway (BRK.A) 0.0 $1.4M 5.00 282000.00
KB Financial (KB) 0.0 $900k 19k 46.49
Mitsubishi UFJ Financial (MUFG) 0.0 $1.3M 228k 5.65
Visa (V) 0.0 $1.2M 9.0k 132.41
Energy Select Sector SPDR (XLE) 0.0 $1.4M 18k 75.95
Banco Santander (SAN) 0.0 $972k 182k 5.34
Capstead Mortgage Corporation 0.0 $997k 111k 8.98
Unilever (UL) 0.0 $1.3M 24k 55.28
ORIX Corporation (IX) 0.0 $1.1M 15k 78.98
Materials SPDR (XLB) 0.0 $1.3M 23k 58.08
Nintendo (NTDOY) 0.0 $1.0M 25k 40.79
iShares FTSE NAREIT Resi Plus Capp (REZ) 0.0 $1.4M 22k 63.06
Komatsu (KMTUY) 0.0 $1.1M 39k 28.48
Fanuc Ltd-unpons (FANUY) 0.0 $1.2M 61k 19.83
Solar Senior Capital 0.0 $1.1M 67k 16.31
Pennantpark Floating Rate Capi (PFLT) 0.0 $1.2M 88k 13.66
Jazz Pharmaceuticals (JAZZ) 0.0 $940k 5.5k 172.38
Kcap Financial 0.0 $1.1M 341k 3.25
Corporate Capital Trust 0.0 $1.2M 76k 15.62
Alcentra Cap 0.0 $1.1M 173k 6.39
Zto Express Cayman (ZTO) 0.0 $1.2M 61k 20.00
Sociedad Quimica y Minera (SQM) 0.0 $334k 7.0k 48.04
Cnooc 0.0 $418k 2.4k 171.10
Taiwan Semiconductor Mfg (TSM) 0.0 $730k 20k 36.54
BlackRock (BLK) 0.0 $362k 725.00 499.31
Bank of America Corporation (BAC) 0.0 $642k 23k 28.20
Coca-Cola Company (KO) 0.0 $407k 9.3k 43.85
Costco Wholesale Corporation (COST) 0.0 $315k 1.5k 208.75
Continental Resources 0.0 $300k 4.6k 64.67
Apple (AAPL) 0.0 $375k 2.0k 185.09
Honeywell International (HON) 0.0 $368k 2.6k 143.92
iShares S&P 500 Index (IVV) 0.0 $421k 1.5k 272.85
EOG Resources (EOG) 0.0 $780k 6.3k 124.44
Sap (SAP) 0.0 $793k 6.9k 115.65
Franklin Street Properties (FSP) 0.0 $685k 80k 8.56
51job 0.0 $304k 3.1k 97.69
HDFC Bank (HDB) 0.0 $375k 3.6k 104.95
Pioneer Natural Resources 0.0 $288k 1.5k 189.47
MercadoLibre (MELI) 0.0 $295k 987.00 298.89
SPDR Gold Trust (GLD) 0.0 $303k 2.6k 118.50
Baidu (BIDU) 0.0 $365k 1.5k 242.85
Lam Research Corporation (LRCX) 0.0 $400k 2.3k 172.86
Align Technology (ALGN) 0.0 $526k 1.5k 342.00
Banco Itau Holding Financeira (ITUB) 0.0 $305k 29k 10.39
Royal Gold (RGLD) 0.0 $356k 3.8k 92.81
Credicorp (BAP) 0.0 $351k 1.6k 224.86
Fresenius Medical Care AG & Co. (FMS) 0.0 $701k 14k 50.37
Smith & Nephew (SNN) 0.0 $612k 16k 37.53
Infineon Technologies (IFNNY) 0.0 $796k 31k 25.57
SPDR KBW Regional Banking (KRE) 0.0 $645k 11k 61.01
iShares Russell 2000 Growth Index (IWO) 0.0 $475k 2.3k 204.30
iShares iBoxx $ High Yid Corp Bond (HYG) 0.0 $372k 4.4k 85.07
iShares MSCI South Korea Index Fund (EWY) 0.0 $322k 4.8k 67.68
iShares S&P SmallCap 600 Index (IJR) 0.0 $312k 3.7k 83.44
Vanguard REIT ETF (VNQ) 0.0 $610k 7.5k 81.49
Franco-Nevada Corporation (FNV) 0.0 $307k 4.2k 72.97
SPDR Barclays Capital High Yield B 0.0 $368k 10k 35.45
Noah Holdings (NOAH) 0.0 $299k 5.7k 52.24
ETFS Physical Platinum Shares 0.0 $325k 4.0k 81.13
WisdomTree LargeCap Dividend Fund (DLN) 0.0 $287k 3.2k 89.80
Wal-mart de Mexico S A B de C V (WMMVY) 0.0 $338k 13k 26.42
TAL Education (TAL) 0.0 $471k 13k 36.83
Manatuck Hill Mariner Offshore 0.0 $389k 2.5k 156.92
Yandex Nv-a (YNDX) 0.0 $371k 10k 35.88
Kemper Corp Del (KMPR) 0.0 $338k 4.5k 75.62
Xpo Logistics Inc equity (XPO) 0.0 $306k 3.1k 100.13
Localiza Rent A Car (LZRFY) 0.0 $309k 51k 6.02
Jd (JD) 0.0 $362k 9.3k 38.95
Washington Prime (WB) 0.0 $335k 3.8k 88.65
Woori Bank Spons 0.0 $297k 6.8k 43.91
Paypal Holdings (PYPL) 0.0 $583k 7.0k 83.26
Vaneck Vectors Russia Index Et 0.0 $346k 16k 21.22
Dsv As (DSDVY) 0.0 $705k 18k 40.18
Wheaton Precious Metals Corp (WPM) 0.0 $289k 13k 22.08
Broadcom (AVGO) 0.0 $353k 1.5k 242.61
Ishares Tr ibonds dec (IBMM) 0.0 $360k 14k 25.22
Huazhu Group (HTHT) 0.0 $534k 13k 41.98
Mobile TeleSystems OJSC 0.0 $135k 15k 8.86
Vale (VALE) 0.0 $231k 18k 12.81
U.S. Bancorp (USB) 0.0 $259k 5.2k 50.11
Eli Lilly & Co. (LLY) 0.0 $209k 2.4k 85.34
Kimberly-Clark Corporation (KMB) 0.0 $231k 2.2k 105.14
NVIDIA Corporation (NVDA) 0.0 $223k 942.00 236.73
Wells Fargo & Company (WFC) 0.0 $222k 4.0k 55.50
Automatic Data Processing (ADP) 0.0 $203k 1.5k 134.08
Vulcan Materials Company (VMC) 0.0 $254k 2.0k 129.00
iShares Russell 1000 Value Index (IWD) 0.0 $230k 1.9k 121.24
Freeport-McMoRan Copper & Gold (FCX) 0.0 $175k 10k 17.24
Amazon (AMZN) 0.0 $250k 147.00 1700.68
WNS 0.0 $213k 4.1k 52.15
China Southern Airlines 0.0 $241k 6.1k 39.58
Banco Bradesco SA (BBD) 0.0 $230k 34k 6.87
Potlatch Corporation (PCH) 0.0 $236k 4.6k 50.83
Seabridge Gold (SA) 0.0 $246k 22k 11.16
iShares Silver Trust (SLV) 0.0 $180k 12k 15.16
Byd (BYDDY) 0.0 $227k 18k 12.40
PIMCO Enhanced Short Mat Str Fund ETF (MINT) 0.0 $241k 2.4k 101.47
Te Connectivity Ltd for (TEL) 0.0 $245k 2.7k 90.21
Hca Holdings (HCA) 0.0 $283k 2.8k 102.72
Fortuna Silver Mines 0.0 $119k 21k 5.69
XECHEM INTERNATIONAL Inc Com Stk 0.0 $0 32k 0.00
Belo Sun Mining Corp (BSXGF) 0.0 $128k 712k 0.18
Ishares Tr fltg rate nt (FLOT) 0.0 $243k 4.8k 51.10
Sabina Gold & Silver (SGSVF) 0.0 $127k 108k 1.17
Harvest Cap Cr 0.0 $176k 17k 10.54
Osisko Gold Royalties (OR) 0.0 $214k 23k 9.47
Torex Gold Resources (TORXF) 0.0 $150k 17k 8.81
Iqiyi (IQ) 0.0 $256k 7.9k 32.26
Leagold Mining Corp 0.0 $156k 78k 2.01