Confluence Investment Management

Confluence Investment Management as of June 30, 2019

Portfolio Holdings for Confluence Investment Management

Confluence Investment Management holds 291 positions in its portfolio as reported in the June 2019 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Pepsi (PEP) 2.5 $158M 1.2M 131.13
Diageo (DEO) 2.5 $157M 908k 172.32
Microsoft Corporation (MSFT) 2.4 $150M 1.1M 133.96
Nxp Semiconductors N V (NXPI) 2.3 $146M 1.5M 97.61
Linde 2.3 $144M 716k 200.80
Paychex (PAYX) 2.2 $136M 1.7M 82.29
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 2.1 $134M 1.3M 103.40
Lockheed Martin Corporation (LMT) 2.0 $127M 350k 363.54
Southern Company (SO) 2.0 $124M 2.2M 55.28
Progressive Corporation (PGR) 1.9 $121M 1.5M 79.93
Broadridge Financial Solutions (BR) 1.9 $117M 919k 127.68
Kinder Morgan (KMI) 1.9 $117M 5.6M 20.88
Fastenal Company (FAST) 1.9 $117M 3.6M 32.59
Chubb (CB) 1.9 $117M 794k 147.29
Chevron Corporation (CVX) 1.8 $113M 911k 124.44
Colgate-Palmolive Company (CL) 1.8 $113M 1.6M 71.67
Northern Trust Corporation (NTRS) 1.8 $109M 1.2M 90.00
Polaris Industries (PII) 1.7 $106M 1.2M 91.23
Gra (GGG) 1.7 $106M 2.1M 50.18
Martin Marietta Materials (MLM) 1.6 $102M 444k 230.11
Pfizer (PFE) 1.6 $99M 2.3M 43.32
Entergy Corporation (ETR) 1.6 $97M 946k 102.93
Fnf (FNF) 1.6 $97M 2.4M 40.30
3M Company (MMM) 1.5 $96M 553k 173.34
Digital Realty Trust (DLR) 1.5 $94M 801k 117.79
Dow (DOW) 1.5 $92M 1.9M 49.31
Rayonier (RYN) 1.5 $91M 3.0M 30.30
Ares Capital Corporation (ARCC) 1.4 $90M 5.0M 17.94
U.S. Bancorp (USB) 1.4 $89M 1.7M 52.40
Analog Devices (ADI) 1.4 $86M 760k 112.87
Gilead Sciences (GILD) 1.3 $82M 1.2M 67.56
Weyerhaeuser Company (WY) 1.2 $78M 3.0M 26.34
Black Knight 1.2 $78M 1.3M 60.15
MasterCard Incorporated (MA) 1.1 $69M 260k 264.53
Starbucks Corporation (SBUX) 1.1 $68M 811k 83.83
Stryker Corporation (SYK) 1.0 $64M 313k 205.58
Markel Corporation (MKL) 1.0 $61M 56k 1089.61
Tiffany & Co. 0.9 $58M 621k 93.64
Axalta Coating Sys (AXTA) 0.9 $58M 2.0M 29.77
Frontdoor (FTDR) 0.9 $57M 1.3M 43.55
TJX Companies (TJX) 0.9 $56M 1.1M 52.88
American International (AIG) 0.8 $53M 1.0M 53.28
Illinois Tool Works (ITW) 0.8 $48M 320k 150.81
United Technologies Corporation 0.7 $46M 352k 130.20
Thermo Fisher Scientific (TMO) 0.7 $44M 151k 293.68
W.R. Berkley Corporation (WRB) 0.7 $45M 677k 65.93
Compagnie Fin Richemontag S (CFRUY) 0.7 $44M 5.2M 8.44
Brown & Brown (BRO) 0.6 $39M 1.1M 33.50
Dupont De Nemours (DD) 0.6 $39M 520k 75.07
Berkshire Hathaway (BRK.B) 0.6 $38M 180k 213.17
Brookfield Asset Management 0.6 $37M 782k 47.78
Lowe's Companies (LOW) 0.6 $36M 357k 100.91
Oracle Corporation (ORCL) 0.6 $35M 607k 56.97
Alphabet Inc Class C cs (GOOG) 0.5 $34M 31k 1080.90
Cerner Corporation 0.5 $33M 450k 73.30
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.5 $30M 275k 110.02
Allergan 0.5 $29M 174k 167.43
Spectrum Brands Holding (SPB) 0.4 $27M 510k 53.77
Air Products & Chemicals (APD) 0.4 $27M 117k 226.37
Accenture (ACN) 0.4 $26M 141k 184.77
McDonald's Corporation (MCD) 0.4 $26M 123k 207.66
Home Depot (HD) 0.4 $26M 123k 207.97
MSC Industrial Direct (MSM) 0.4 $25M 342k 74.26
American Express Company (AXP) 0.4 $25M 200k 123.44
Fidelity National Information Services (FIS) 0.4 $24M 194k 122.68
Becton, Dickinson and (BDX) 0.4 $24M 95k 252.01
American Water Works (AWK) 0.4 $23M 197k 116.00
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.4 $23M 172k 132.81
Medtronic (MDT) 0.4 $23M 237k 97.39
T. Rowe Price (TROW) 0.4 $23M 205k 109.71
Nike (NKE) 0.4 $22M 267k 83.95
Procter & Gamble Company (PG) 0.4 $23M 206k 109.65
Nordson Corporation (NDSN) 0.4 $23M 161k 141.31
New Jersey Resources Corporation (NJR) 0.4 $23M 456k 49.77
PPG Industries (PPG) 0.3 $21M 184k 116.71
Novartis (NVS) 0.3 $21M 231k 91.31
Clorox Company (CLX) 0.3 $21M 139k 153.11
Donaldson Company (DCI) 0.3 $21M 421k 50.86
Commerce Bancshares (CBSH) 0.3 $22M 361k 59.66
M&T Bank Corporation (MTB) 0.3 $21M 121k 170.07
Charles Schwab Corporation (SCHW) 0.3 $20M 490k 40.19
Expeditors International of Washington (EXPD) 0.3 $20M 260k 75.86
SEI Investments Company (SEIC) 0.3 $20M 348k 56.10
iShares S&P 500 Growth Index (IVW) 0.3 $19M 108k 179.24
iShares S&P 500 Value Index (IVE) 0.3 $19M 167k 116.57
iShares S&P MidCap 400 Growth (IJK) 0.3 $20M 87k 226.27
iShares S&P MidCap 400 Value Index (IJJ) 0.3 $19M 120k 159.47
Schlumberger (SLB) 0.3 $19M 477k 39.74
General Dynamics Corporation (GD) 0.3 $19M 104k 181.82
Morningstar (MORN) 0.3 $18M 125k 144.64
Cannae Holdings (CNNE) 0.3 $18M 616k 28.98
Exxon Mobil Corporation (XOM) 0.3 $18M 228k 76.63
Cullen/Frost Bankers (CFR) 0.3 $18M 187k 93.66
iShares Lehman MBS Bond Fund (MBB) 0.3 $17M 159k 107.60
SPDR Barclay Cp Intr Trm Cr Bd (SPIB) 0.2 $16M 445k 34.93
Ishares Tr ibonds dec2026 (IBDR) 0.2 $16M 624k 25.06
Corteva (CTVA) 0.2 $15M 520k 29.57
Delta Air Lines (DAL) 0.2 $14M 247k 56.75
Guggenheim Bulletshrs 2025 Corp Bd Etf (BSCP) 0.2 $14M 648k 21.16
Ishares Tr ibds dec28 etf (IBDT) 0.2 $14M 501k 27.15
Nordstrom (JWN) 0.2 $13M 416k 31.86
Ishares Corporate Bond Etf 202 0.2 $13M 503k 26.73
New Mountain Finance Corp (NMFC) 0.2 $12M 882k 13.97
Ishares Tr ibonds etf (IBDS) 0.2 $12M 458k 25.49
Blackrock Tcp Cap Corp (TCPC) 0.2 $12M 839k 14.25
Golub Capital BDC (GBDC) 0.2 $12M 647k 17.80
Hercules Technology Growth Capital (HTGC) 0.2 $10M 782k 12.82
iShares S&P SmallCap 600 Value Idx (IJS) 0.2 $10M 67k 148.62
Triplepoint Venture Gr Bdc cs (TPVG) 0.2 $10M 713k 14.23
Bsco etf (BSCO) 0.2 $9.8M 461k 21.25
Solar Cap (SLRC) 0.1 $9.2M 450k 20.53
iShares S&P SmallCap 600 Growth (IJT) 0.1 $9.5M 52k 182.49
Ishares Tr 2020 invtgr bd 0.1 $9.4M 383k 24.60
Vaneck Vectors Etf Tr amt free long mu (MLN) 0.1 $9.6M 465k 20.76
Invesco Bulletshares 2021 Corp 0.1 $9.5M 450k 21.19
Bscm etf 0.1 $9.6M 448k 21.39
Barings Bdc (BBDC) 0.1 $8.9M 908k 9.84
Patterson Companies (PDCO) 0.1 $8.4M 368k 22.90
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.1 $8.0M 140k 56.95
John Bean Technologies Corporation (JBT) 0.1 $7.3M 60k 121.13
I3 Verticals (IIIV) 0.1 $7.7M 262k 29.45
GlaxoSmithKline 0.1 $7.1M 178k 40.02
RBC Bearings Incorporated (RBC) 0.1 $6.7M 40k 166.81
Ofs Capital (OFS) 0.1 $6.7M 556k 12.00
Ishares Tr ibonds dec 21 0.1 $6.7M 260k 25.78
Ishares Tr ibonds dec 22 0.1 $6.7M 258k 26.12
Spdr Nuveen Barclays Muni Bond Etf nuvn brcly muni (TFI) 0.1 $6.9M 137k 50.14
Annaly Capital Management 0.1 $6.2M 687k 9.08
Gladstone Commercial Corporation (GOOD) 0.1 $6.1M 288k 21.22
MTS Systems Corporation 0.1 $6.2M 106k 58.54
SJW (SJW) 0.1 $6.3M 104k 60.77
Thermon Group Holdings (THR) 0.1 $6.4M 251k 25.65
Stellus Capital Investment (SCM) 0.1 $6.5M 468k 13.83
Tpg Specialty Lnding Inc equity 0.1 $6.4M 327k 19.60
Northwest Natural Holdin (NWN) 0.1 $6.5M 94k 69.50
Forward Air Corporation (FWRD) 0.1 $5.4M 91k 59.14
Resources Connection (RGP) 0.1 $5.7M 357k 16.01
Kadant (KAI) 0.1 $5.6M 61k 90.82
PennantPark Investment (PNNT) 0.1 $5.8M 911k 6.32
Raven Industries 0.1 $5.6M 155k 35.88
iShares Gold Trust 0.1 $5.5M 411k 13.50
Allied Motion Technologies (ALNT) 0.1 $5.8M 154k 37.90
Two Hbrs Invt Corp Com New reit 0.1 $5.7M 436k 13.01
Gates Industrial Corpratin P ord (GTES) 0.1 $5.9M 514k 11.41
Apollo Investment Corp. (MFIC) 0.1 $5.7M 360k 15.82
Spdr S&p 500 Etf (SPY) 0.1 $4.9M 17k 292.99
Neenah Paper 0.1 $5.1M 75k 67.54
Monotype Imaging Holdings 0.1 $4.8M 288k 16.84
Cambrex Corporation 0.1 $5.2M 111k 46.82
Movado (MOV) 0.1 $4.7M 174k 27.00
Bank of Marin Ban (BMRC) 0.1 $5.2M 128k 41.02
Veritex Hldgs (VBTX) 0.1 $5.0M 192k 25.95
Varex Imaging (VREX) 0.1 $5.0M 164k 30.65
Halyard Health (AVNS) 0.1 $5.0M 115k 43.61
Innophos Holdings 0.1 $4.4M 150k 29.11
Natus Medical 0.1 $4.1M 158k 25.69
Technology SPDR (XLK) 0.1 $4.1M 53k 78.04
re Max Hldgs Inc cl a (RMAX) 0.1 $4.4M 142k 30.76
Phibro Animal Health Corporati*on Cmn Class A (PAHC) 0.1 $4.5M 143k 31.77
Ishares 2020 Amt-free Muni Bond Etf 0.1 $4.6M 180k 25.55
Goldmansachsbdc (GSBD) 0.1 $4.5M 231k 19.67
iShares 10+ Year Credit Bond Fund ETF (IGLB) 0.1 $3.6M 57k 63.75
Ishares Tr Ibonds Dec2023 etf 0.1 $3.5M 136k 25.72
Ishares Tr ibonds dec (IBMM) 0.1 $3.5M 134k 26.26
Ishares Tr ibonds dec 25 (IBMN) 0.1 $3.5M 131k 26.91
Industrial SPDR (XLI) 0.1 $2.8M 36k 77.42
Main Street Capital Corporation (MAIN) 0.1 $3.2M 78k 41.11
U.s. Concrete Inc Cmn 0.1 $3.2M 64k 49.69
Materials SPDR (XLB) 0.0 $2.5M 43k 58.50
Capital Southwest Corporation (CSWC) 0.0 $2.4M 116k 20.95
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.0 $2.8M 24k 113.08
Icon (ICLR) 0.0 $2.4M 16k 153.94
Potbelly (PBPB) 0.0 $2.3M 454k 5.09
Berkshire Hathaway (BRK.A) 0.0 $1.6M 5.00 318400.00
Rio Tinto (RIO) 0.0 $1.6M 25k 62.34
iShares Russell 3000 Value Index (IUSV) 0.0 $1.8M 32k 56.64
LVMH Moet Hennessy Louis Vuitton SA (LVMUY) 0.0 $2.1M 25k 85.10
Nathan's Famous (NATH) 0.0 $2.0M 26k 78.13
Pennantpark Floating Rate Capi (PFLT) 0.0 $2.0M 173k 11.56
Cm Fin 0.0 $1.9M 247k 7.61
Alibaba Group Holding (BABA) 0.0 $1.7M 9.8k 169.49
Cyberark Software (CYBR) 0.0 $1.8M 14k 127.87
Ishares Tr ibnd dec25 etf (IBDQ) 0.0 $1.7M 68k 25.60
Alphabet Inc Class A cs (GOOGL) 0.0 $2.0M 1.8k 1082.56
Waste Connections (WCN) 0.0 $1.9M 20k 95.56
Oaktree Specialty Lending Corp 0.0 $1.7M 318k 5.42
Alcon (ALC) 0.0 $2.0M 32k 62.05
BP (BP) 0.0 $1.2M 29k 41.70
Melco Crown Entertainment (MLCO) 0.0 $1.0M 47k 21.72
Canadian Natl Ry (CNI) 0.0 $1.1M 12k 92.52
Sony Corporation (SONY) 0.0 $1.2M 23k 52.38
Royal Dutch Shell 0.0 $1.3M 20k 65.06
Sap (SAP) 0.0 $1.2M 8.8k 136.77
Elbit Systems (ESLT) 0.0 $1.4M 9.2k 149.54
Unilever (UL) 0.0 $1.1M 18k 61.95
Ecopetrol (EC) 0.0 $1.2M 64k 18.28
Vanguard REIT ETF (VNQ) 0.0 $1.0M 12k 87.36
Sumitomo Mitsui Financial Grp (SMFG) 0.0 $1.0M 142k 7.06
United Overseas Bank (UOVEY) 0.0 $988k 26k 38.81
DBS Group Holdings (DBSDY) 0.0 $1.2M 16k 76.77
Tencent Holdings Ltd - (TCEHY) 0.0 $1.1M 25k 45.27
Medley Capital Corporation 0.0 $1.1M 467k 2.34
Solar Senior Capital 0.0 $1.1M 68k 15.91
Aia Group Ltd-sp (AAGIY) 0.0 $1.5M 34k 43.14
Alcentra Cap 0.0 $1.4M 173k 8.38
Shopify Inc cl a (SHOP) 0.0 $1.5M 4.9k 300.23
Ishares Tr ibnd dec23 etf 0.0 $1.2M 48k 25.41
Dsv As (DSDVY) 0.0 $1.6M 32k 49.04
Zto Express Cayman (ZTO) 0.0 $1.0M 55k 19.11
Delphi Automotive Inc international (APTV) 0.0 $1.1M 14k 80.80
Cnooc 0.0 $429k 2.5k 170.44
Taiwan Semiconductor Mfg (TSM) 0.0 $670k 17k 39.15
JPMorgan Chase & Co. (JPM) 0.0 $718k 6.4k 111.86
Bank of America Corporation (BAC) 0.0 $366k 13k 28.99
Costco Wholesale Corporation (COST) 0.0 $391k 1.5k 264.01
Apple (AAPL) 0.0 $360k 1.8k 198.13
Honeywell International (HON) 0.0 $388k 2.2k 174.62
iShares S&P 500 Index (IVV) 0.0 $521k 1.8k 294.52
Mitsubishi UFJ Financial (MUFG) 0.0 $726k 153k 4.75
Total (TTE) 0.0 $440k 7.9k 55.79
EOG Resources (EOG) 0.0 $518k 5.6k 93.23
Franklin Street Properties (FSP) 0.0 $590k 80k 7.38
Visa (V) 0.0 $750k 4.3k 173.45
HDFC Bank (HDB) 0.0 $472k 3.6k 129.96
MercadoLibre (MELI) 0.0 $418k 684.00 611.11
Amazon (AMZN) 0.0 $365k 193.00 1891.19
Companhia Brasileira de Distrib. 0.0 $346k 14k 24.50
Banco Itau Holding Financeira (ITUB) 0.0 $405k 43k 9.42
Credicorp (BAP) 0.0 $375k 1.6k 228.94
Banco Bradesco SA (BBD) 0.0 $406k 41k 9.82
Capstead Mortgage Corporation 0.0 $906k 109k 8.35
ING Groep (ING) 0.0 $526k 45k 11.58
Fresenius Medical Care AG & Co. (FMS) 0.0 $838k 21k 39.29
ORIX Corporation (IX) 0.0 $525k 7.0k 74.88
Smith & Nephew (SNN) 0.0 $576k 13k 43.54
Teck Resources Ltd cl b (TECK) 0.0 $887k 39k 23.05
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.0 $553k 4.4k 124.30
Nintendo (NTDOY) 0.0 $880k 19k 45.78
iShares Barclays 10-20 Yr Tresry Bd (TLH) 0.0 $693k 4.8k 143.06
Komatsu (KMTUY) 0.0 $742k 31k 24.26
Fanuc Ltd-unpons (FANUY) 0.0 $881k 48k 18.48
Shiseido (SSDOY) 0.0 $514k 6.8k 75.62
Wal-mart de Mexico S A B de C V (WMMVY) 0.0 $350k 13k 27.30
Manatuck Hill Mariner Offshore 0.0 $380k 2.3k 162.19
Yandex Nv-a (YNDX) 0.0 $409k 11k 37.97
Kemper Corp Del (KMPR) 0.0 $386k 4.5k 86.35
Jazz Pharmaceuticals (JAZZ) 0.0 $605k 4.2k 142.59
Localiza Rent A Car (LZRFY) 0.0 $558k 53k 10.61
Paypal Holdings (PYPL) 0.0 $674k 5.9k 114.51
Pagseguro Digital Ltd-cl A (PAGS) 0.0 $335k 8.6k 38.94
Huazhu Group (HTHT) 0.0 $449k 12k 36.26
Equinor Asa (EQNR) 0.0 $780k 40k 19.77
Portman Ridge Finance Ord 0.0 $766k 341k 2.25
Petroleo Brasileiro SA (PBR) 0.0 $305k 20k 15.57
Fomento Economico Mexicano SAB (FMX) 0.0 $302k 3.1k 96.79
Sociedad Quimica y Minera (SQM) 0.0 $228k 7.3k 31.05
China Mobile 0.0 $270k 6.0k 45.21
ICICI Bank (IBN) 0.0 $176k 14k 12.60
BlackRock (BLK) 0.0 $266k 567.00 469.14
Eli Lilly & Co. (LLY) 0.0 $266k 2.4k 110.83
Cameco Corporation (CCJ) 0.0 $199k 19k 10.71
NVIDIA Corporation (NVDA) 0.0 $288k 1.8k 164.29
Automatic Data Processing (ADP) 0.0 $272k 1.6k 165.55
Morgan Stanley (MS) 0.0 $245k 5.6k 43.88
KB Financial (KB) 0.0 $275k 7.0k 39.55
Pioneer Natural Resources 0.0 $209k 1.4k 154.13
SPDR Gold Trust (GLD) 0.0 $210k 1.6k 133.25
WNS 0.0 $262k 4.4k 59.25
Lam Research Corporation (LRCX) 0.0 $222k 1.2k 187.66
Concho Resources 0.0 $237k 2.3k 103.36
Royal Gold (RGLD) 0.0 $309k 3.0k 102.62
Cimarex Energy 0.0 $212k 3.6k 59.20
Pan American Silver Corp Can (PAAS) 0.0 $188k 15k 12.90
Seabridge Gold (SA) 0.0 $176k 13k 13.56
Mag Silver Corp (MAG) 0.0 $146k 14k 10.53
iShares S&P SmallCap 600 Index (IJR) 0.0 $275k 3.5k 78.24
Byd (BYDDY) 0.0 $236k 20k 12.06
Franco-Nevada Corporation (FNV) 0.0 $300k 3.5k 84.79
PIMCO Enhanced Short Mat Str Fund ETF (MINT) 0.0 $242k 2.4k 101.89
Grupo Financiero Banorte (GBOOY) 0.0 $253k 8.7k 28.98
XECHEM INTERNATIONAL Inc Com Stk 0.0 $0 32k 0.00
Mosaic (MOS) 0.0 $215k 8.6k 25.06
Ishares Tr fltg rate nt (FLOT) 0.0 $242k 4.8k 50.89
Sandstorm Gold (SAND) 0.0 $206k 37k 5.55
Enn Energy Hldgs (XNGSY) 0.0 $307k 7.9k 38.93
Mmc Norilsk Nickel Pjsc 0.0 $215k 9.5k 22.66
Torex Gold Resources (TORXF) 0.0 $189k 18k 10.32
Kirkland Lake Gold 0.0 $202k 4.7k 42.99
Leagold Mining Corp 0.0 $184k 120k 1.54
Tencent Music Entertco L spon ad (TME) 0.0 $272k 18k 14.99
Woori Financial Gr Co L (WF) 0.0 $261k 7.1k 36.73