Confluence Investment Management

Confluence Investment Management as of June 30, 2025

Portfolio Holdings for Confluence Investment Management

Confluence Investment Management holds 287 positions in its portfolio as reported in the June 2025 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Ishares 0-3 Month Treasury Bd Etf (SGOV) 3.4 $239M 2.4M 100.69
Chubb (CB) 2.2 $159M 548k 289.72
Snap-on Incorporated (SNA) 2.2 $156M 502k 311.18
Paychex (PAYX) 2.1 $152M 1.0M 145.46
Northern Trust Corporation (NTRS) 2.1 $150M 1.2M 126.79
Progressive Corporation (PGR) 2.1 $150M 562k 266.86
Analog Devices (ADI) 2.1 $149M 626k 238.02
Linde (LIN) 2.1 $149M 316k 469.18
Wec Energy Group (WEC) 2.1 $148M 1.4M 104.20
Broadridge Financial Solutions (BR) 2.1 $145M 598k 243.03
Southern Company (SO) 2.0 $145M 1.6M 91.83
Lockheed Martin Corporation (LMT) 2.0 $139M 300k 463.14
Fastenal Company (FAST) 1.9 $138M 3.3M 42.00
Diageo (DEO) 1.9 $136M 1.4M 100.84
Home Depot (HD) 1.8 $129M 351k 366.64
Hershey Company (HSY) 1.8 $127M 764k 165.95
Fnf (FNF) 1.7 $122M 2.2M 56.06
American Water Works (AWK) 1.7 $122M 876k 139.11
Chevron Corporation (CVX) 1.7 $121M 846k 143.19
Cisco Systems (CSCO) 1.7 $121M 1.7M 69.38
Colgate-Palmolive Company (CL) 1.7 $119M 1.3M 90.90
Oracle Corporation (ORCL) 1.6 $115M 524k 218.63
Entergy Corporation (ETR) 1.6 $114M 1.4M 83.12
Clorox Company (CLX) 1.6 $113M 942k 120.07
Kinder Morgan (KMI) 1.6 $113M 3.8M 29.40
Gilead Sciences (GILD) 1.5 $108M 970k 110.87
SPDR Barclays Capital Mortgage Back ETF (SPMB) 1.5 $105M 4.7M 22.10
Pepsi (PEP) 1.3 $94M 711k 132.04
MasterCard Incorporated (MA) 1.3 $94M 167k 561.94
W.R. Berkley Corporation (WRB) 1.3 $93M 1.3M 73.47
Stryker Corporation (SYK) 1.3 $92M 233k 395.63
T. Rowe Price (TROW) 1.3 $92M 949k 96.50
U.S. Bancorp (USB) 1.2 $88M 2.0M 45.25
Ares Capital Corporation (ARCC) 1.2 $83M 3.8M 21.96
Microsoft Corporation (MSFT) 1.2 $82M 165k 497.41
Paycom Software (PAYC) 1.1 $79M 342k 231.40
S&p Global (SPGI) 1.1 $78M 148k 527.29
TJX Companies (TJX) 1.1 $76M 617k 123.49
Nordson Corporation (NDSN) 1.0 $72M 336k 214.37
United Parcel Service (UPS) 1.0 $68M 672k 100.94
Air Products & Chemicals (APD) 0.8 $58M 206k 282.06
Gra (GGG) 0.8 $58M 670k 85.97
iShares Barclays 10-20 Yr Tresry Bd (TLH) 0.8 $57M 562k 101.60
Masco Corporation (MAS) 0.8 $57M 886k 64.36
Illinois Tool Works (ITW) 0.8 $56M 228k 247.25
Keysight Technologies (KEYS) 0.8 $55M 333k 163.86
SPDR S&P World ex-US (SPDW) 0.7 $52M 1.3M 40.49
Lowe's Companies (LOW) 0.7 $50M 227k 221.87
Alphabet Inc Class C cs (GOOG) 0.7 $50M 282k 177.39
Berkshire Hathaway (BRK.B) 0.7 $50M 102k 485.77
Weyerhaeuser Company (WY) 0.7 $49M 1.9M 25.69
Booking Holdings (BKNG) 0.7 $49M 8.5k 5789.29
Dow (DOW) 0.7 $47M 1.8M 26.48
Nxp Semiconductors N V (NXPI) 0.7 $47M 213k 218.49
Brown-Forman Corporation (BF.B) 0.5 $37M 1.4M 26.91
Arch Capital Group (ACGL) 0.5 $36M 396k 91.05
SPDR DJ Wilshire Large Cap Value (SPYV) 0.5 $36M 686k 52.34
Mondelez Int (MDLZ) 0.5 $35M 524k 67.44
Spdr Gold Minishares Trust (GLDM) 0.5 $34M 526k 65.52
Martin Marietta Materials (MLM) 0.5 $34M 63k 548.96
Thermo Fisher Scientific (TMO) 0.5 $34M 84k 405.46
Polaris Industries (PII) 0.5 $34M 825k 40.65
Brown & Brown (BRO) 0.5 $33M 300k 110.87
Amphenol Corporation (APH) 0.5 $33M 333k 98.75
Starbucks Corporation (SBUX) 0.4 $31M 341k 91.63
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.4 $30M 249k 119.09
ResMed (RMD) 0.4 $30M 115k 258.00
Ecolab (ECL) 0.4 $29M 106k 269.44
Dollar Tree (DLTR) 0.4 $28M 285k 99.04
iShares Lehman MBS Bond Fund (MBB) 0.4 $27M 288k 93.89
SPDR DJ Wilshire Large Cap Growth (SPYG) 0.4 $26M 273k 95.32
Sherwin-Williams Company (SHW) 0.4 $26M 75k 343.36
SPDR DJ Wilshire Mid Cap Value (MDYV) 0.3 $25M 308k 79.43
Proshares Tr mdcp 400 divid (REGL) 0.3 $25M 300k 81.53
General Dynamics Corporation (GD) 0.3 $24M 82k 291.66
Constellation Brands (STZ) 0.3 $23M 144k 162.68
McDonald's Corporation (MCD) 0.3 $23M 78k 292.17
Gates Industrial Corpratin P ord (GTES) 0.3 $23M 983k 23.03
A. O. Smith Corporation (AOS) 0.3 $22M 332k 65.57
EOG Resources (EOG) 0.3 $22M 182k 119.61
Donaldson Company (DCI) 0.3 $22M 313k 69.35
Zoetis Inc Cl A (ZTS) 0.3 $21M 137k 155.95
Procter & Gamble Company (PG) 0.3 $21M 134k 159.32
Expeditors International of Washington (EXPD) 0.3 $21M 181k 114.25
New Jersey Resources Corporation (NJR) 0.3 $19M 432k 44.82
Morningstar (MORN) 0.3 $19M 61k 313.93
Valvoline Inc Common (VVV) 0.3 $19M 499k 37.87
Medtronic (MDT) 0.3 $18M 209k 87.17
SPDR DJ Wilshire Mid Cap Growth (MDYG) 0.3 $18M 208k 86.87
Brp Group (BWIN) 0.2 $18M 413k 42.81
Nike (NKE) 0.2 $18M 248k 71.04
Carrier Global Corporation (CARR) 0.2 $17M 236k 73.19
Walt Disney Company (DIS) 0.2 $17M 138k 124.01
iShares iBonds Dec 2033 Term Treasury ETF (IBTO) 0.2 $17M 695k 24.51
Ishares Tr (IBTP) 0.2 $17M 659k 25.71
Vontier Corporation (VNT) 0.2 $17M 459k 36.90
Invesco exchange traded (FXF) 0.2 $16M 143k 111.80
Toro Company (TTC) 0.2 $16M 227k 70.68
Charles River Laboratories (CRL) 0.2 $15M 97k 151.73
Becton, Dickinson and (BDX) 0.2 $14M 81k 172.25
iShares Russell 3000 Value Index (IUSV) 0.2 $12M 126k 94.63
Spdr S&p 500 Etf (SPY) 0.2 $12M 19k 617.85
Ishares Ibonds Dec 2029 Term T (IBTJ) 0.2 $12M 532k 21.92
John Bean Technologies Corporation (JBTM) 0.2 $11M 95k 120.26
Ishares Ibonds Dec 2027 Term T (IBTH) 0.1 $11M 467k 22.49
Ishares Tr (IBDW) 0.1 $10M 488k 21.04
SPDR S&P Dividend (SDY) 0.1 $10M 75k 135.73
Ishares Tr (IBDX) 0.1 $10M 402k 25.29
Ishares Tr (IBTM) 0.1 $9.9M 429k 23.03
Ishares Ibonds Dec 2028 Term T (IBTI) 0.1 $9.8M 437k 22.36
Global X Fds (SHLD) 0.1 $9.7M 161k 60.25
Tripadvisor (TRIP) 0.1 $8.5M 655k 13.05
Consumer Staples Select Sect. SPDR (XLP) 0.1 $8.0M 99k 80.97
Dimensional Etf Trust National Municip (DFNM) 0.1 $8.0M 168k 47.43
Ishares Tr (IBDY) 0.1 $8.0M 307k 25.91
Ishares Tr (IBTK) 0.1 $7.8M 394k 19.84
Main Street Capital Corporation (MAIN) 0.1 $7.7M 130k 59.10
Pza etf (PZA) 0.1 $7.1M 317k 22.39
Hercules Technology Growth Capital (HTGC) 0.1 $7.0M 384k 18.28
I3 Verticals (IIIV) 0.1 $6.9M 253k 27.48
Sixth Street Specialty Lending (TSLX) 0.1 $6.9M 288k 23.81
CONMED Corporation (CNMD) 0.1 $6.7M 129k 52.08
Golub Capital BDC (GBDC) 0.1 $6.6M 451k 14.65
Ishares Tr (IBTL) 0.1 $6.3M 305k 20.50
Invesco Exch Trd Slf Idx Fd bulshs 2027 muni (BSMR) 0.1 $6.2M 265k 23.47
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.1 $6.1M 58k 104.48
Blackstone Secd Lending (BXSL) 0.1 $5.7M 186k 30.75
Invesco Exchng Trad Slf Inde (BSSX) 0.1 $5.4M 214k 25.07
Invesco Exch Trd Slf Idx (BSMU) 0.1 $5.2M 242k 21.50
Invesco Exch Trd Slf Idx Fd bulshs 2029 muni (BSMT) 0.1 $5.2M 227k 22.71
Owl Rock Capital Corporation (OBDC) 0.1 $4.5M 312k 14.34
Vaneck Vectors Etf Tr amt free long mu (MLN) 0.1 $4.2M 251k 16.89
Fs Kkr Capital Corp (FSK) 0.1 $4.1M 198k 20.75
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.1 $4.1M 46k 88.25
Ishares Tr ibonds etf (IBDS) 0.1 $4.0M 163k 24.27
New Mountain Finance Corp (NMFC) 0.1 $3.9M 369k 10.55
Barings Bdc (BBDC) 0.1 $3.9M 423k 9.14
Ishares Bb Rated Corp Bond (HYBB) 0.1 $3.8M 80k 47.00
Berkshire Hathaway (BRK.A) 0.1 $3.6M 5.00 728800.00
RBC Bearings Incorporated (RBC) 0.1 $3.6M 9.3k 384.80
Azek (AZEK) 0.0 $3.3M 60k 54.35
Cavco Industries (CVCO) 0.0 $3.3M 7.6k 434.43
Stewart Information Services Corporation (STC) 0.0 $3.1M 48k 65.10
Nuveen Barclays Shrt Term Muni bdfund (SHM) 0.0 $3.1M 65k 47.83
Invesco Exchng Trad Slf Inde (BSMW) 0.0 $3.0M 124k 24.48
Haemonetics Corporation (HAE) 0.0 $3.0M 40k 74.61
Invesco Exch Trd Slf Idx (BSMV) 0.0 $2.9M 140k 20.62
Hagerty (HGTY) 0.0 $2.8M 280k 10.11
Altus Group (ASGTF) 0.0 $2.8M 72k 38.69
Knowles (KN) 0.0 $2.7M 153k 17.62
Invesco Bulletshares 2025 Mu buls (BSMP) 0.0 $2.6M 107k 24.54
Invesco Bulletshares 2026 Mu buls (BSMQ) 0.0 $2.6M 111k 23.56
Invesco Exch Trd Slf Idx Fd bulshs 2028 muni (BSMS) 0.0 $2.6M 112k 23.23
Hayward Hldgs (HAYW) 0.0 $2.5M 184k 13.80
Rli (RLI) 0.0 $2.5M 35k 72.22
Ishares Tr ibonds dec 28 (IBMQ) 0.0 $2.5M 99k 25.41
SJW (HTO) 0.0 $2.5M 48k 51.97
UFP Technologies (UFPT) 0.0 $2.4M 10k 244.16
Agnico (AEM) 0.0 $2.4M 20k 118.93
Movado (MOV) 0.0 $2.3M 153k 15.25
Capital Southwest Corporation (CSWC) 0.0 $2.3M 102k 22.04
J&J Snack Foods (JJSF) 0.0 $2.2M 19k 113.41
Cannae Holdings (CNNE) 0.0 $2.2M 105k 20.85
Taiwan Semiconductor Mfg (TSM) 0.0 $2.2M 9.6k 226.49
Colfax Corp (ENOV) 0.0 $2.2M 69k 31.36
Rheinmetall (RNMBY) 0.0 $2.1M 5.0k 422.49
Apollo Investment Corp. (MFIC) 0.0 $2.1M 165k 12.62
Spectrum Brands Holding (SPB) 0.0 $2.1M 39k 53.00
Franklin Street Properties (FSP) 0.0 $2.0M 1.2M 1.64
Ishares Ibonds Dec 2029 Muni Etf (IBMR) 0.0 $2.0M 79k 25.23
John B. Sanfilippo & Son (JBSS) 0.0 $1.9M 30k 63.24
Oaktree Specialty Lending Corp (OCSL) 0.0 $1.9M 137k 13.66
Ishares Tr ibonds dec 26 (IBMO) 0.0 $1.9M 73k 25.62
Goldmansachsbdc (GSBD) 0.0 $1.9M 165k 11.25
Marten Transport (MRTN) 0.0 $1.9M 143k 12.99
Bain Cap Specialty Fin (BCSF) 0.0 $1.8M 121k 15.04
Edgewell Pers Care (EPC) 0.0 $1.7M 74k 23.41
American Outdoor (AOUT) 0.0 $1.6M 156k 10.45
Morgan Stanley Direct Le (MSDL) 0.0 $1.6M 87k 18.72
Nuveen Churchill Direct Lend (NCDL) 0.0 $1.5M 95k 16.19
Winnebago Industries (WGO) 0.0 $1.5M 51k 29.00
Sapiens International Corp (SPNS) 0.0 $1.5M 50k 29.25
Sandoz Group (SDZNY) 0.0 $1.5M 27k 54.66
Sap (SAP) 0.0 $1.4M 4.7k 304.10
Solar Cap (SLRC) 0.0 $1.4M 88k 16.14
Aercap Holdings Nv Ord Cmn (AER) 0.0 $1.4M 12k 117.00
Cyberark Software (CYBR) 0.0 $1.4M 3.3k 406.88
Nintendo (NTDOY) 0.0 $1.3M 56k 24.02
Mitsubishi UFJ Financial (MUFG) 0.0 $1.3M 96k 13.72
Ufp Industries (UFPI) 0.0 $1.3M 13k 99.36
Safran S A (SAFRY) 0.0 $1.2M 15k 81.67
Zurich Insurance (ZURVY) 0.0 $1.2M 36k 35.03
Glencore Xstrata (GLNCY) 0.0 $1.2M 154k 7.78
BAE Systems (BAESY) 0.0 $1.2M 11k 105.07
Sony Corporation (SONY) 0.0 $1.2M 45k 26.03
DBS Group Holdings (DBSDY) 0.0 $1.2M 8.2k 141.53
Wheaton Precious Metals Corp (WPM) 0.0 $1.1M 12k 89.80
Tokio Marine Holdings (TKOMY) 0.0 $1.1M 26k 42.37
ING Groep (ING) 0.0 $1.1M 49k 21.87
Crescent Capital Bdc (CCAP) 0.0 $1.1M 76k 14.10
Core Natural Resources (CNR) 0.0 $1.1M 15k 69.74
Willis Towers Watson (WTW) 0.0 $1.0M 3.4k 306.50
Chugai Pharmaceutic-unsp (CHGCY) 0.0 $1.0M 40k 26.07
Spdr Series Trust cmn (HYMB) 0.0 $1.0M 41k 24.78
Ishares Tr ibonds dec 27 (IBMP) 0.0 $1.0M 40k 25.35
Shell Adr Each Rep 2 Ord Wi (SHEL) 0.0 $985k 14k 70.41
BNP Paribas SA (BNPQY) 0.0 $973k 22k 45.14
Shopify Inc cl a (SHOP) 0.0 $965k 8.4k 115.35
Asml Holding (ASML) 0.0 $945k 1.2k 801.39
Techtronic Industries-sp (TTNDY) 0.0 $941k 17k 55.29
Accenture (ACN) 0.0 $932k 3.1k 298.89
Franco-Nevada Corporation (FNV) 0.0 $925k 5.6k 163.92
Itochu Corporation (ITOCY) 0.0 $904k 8.6k 104.73
L'Oreal (LRLCY) 0.0 $902k 11k 85.51
iShares Gold Trust (IAU) 0.0 $898k 14k 62.36
iShares Russell 2000 Value Index (IWN) 0.0 $886k 5.6k 157.76
Haleon Plc Spon Ads (HLN) 0.0 $875k 84k 10.37
Kayne Anderson BDC (KBDC) 0.0 $856k 56k 15.26
Royal Gold (RGLD) 0.0 $856k 4.8k 177.84
Unilever (UL) 0.0 $840k 14k 61.17
Etfs Physical Platinum (PPLT) 0.0 $833k 6.8k 122.87
Trinity Cap (TRIN) 0.0 $831k 59k 14.07
Chesapeake Energy Corp (EXE) 0.0 $820k 7.0k 116.94
Wal-mart de Mexico S A B de C V (WMMVY) 0.0 $791k 24k 33.31
Antero Res (AR) 0.0 $789k 20k 40.28
Novo Nordisk A/S (NVO) 0.0 $785k 11k 69.02
Total (TTE) 0.0 $779k 13k 61.39
American Express Company (AXP) 0.0 $766k 2.4k 318.98
Newmont Mining Corporation (NEM) 0.0 $736k 13k 58.26
iShares Silver Trust (SLV) 0.0 $735k 22k 32.81
Alamos Gold Inc New Class A (AGI) 0.0 $717k 27k 26.56
Antofagasta (ANFGF) 0.0 $711k 28k 25.68
Vulcan Materials Company (VMC) 0.0 $700k 2.7k 260.82
Mitsui & Co (MITSY) 0.0 $694k 1.7k 407.00
Exxon Mobil Corporation (XOM) 0.0 $668k 6.2k 107.80
Komatsu (KMTUY) 0.0 $642k 20k 33.00
Freeport-McMoRan Copper & Gold (FCX) 0.0 $641k 15k 43.35
Roche Holding (RHHBY) 0.0 $621k 15k 40.76
Southern Copper Corporation (SCCO) 0.0 $605k 6.0k 101.17
Icon (ICLR) 0.0 $601k 4.1k 145.45
Cabot Oil & Gas Corporation (CTRA) 0.0 $599k 24k 25.38
Curtiss-Wright (CW) 0.0 $567k 1.2k 488.55
iShares Russell 1000 Value Index (IWD) 0.0 $564k 2.9k 194.23
Makemytrip Limited Mauritius (MMYT) 0.0 $536k 5.5k 98.02
Cameco Corporation (CCJ) 0.0 $516k 6.9k 74.23
LVMH Moet Hennessy Louis Vuitton SA (LVMUY) 0.0 $513k 4.9k 105.06
MercadoLibre (MELI) 0.0 $497k 190.00 2613.63
Denison Mines Corp (DNN) 0.0 $486k 267k 1.82
Nexgen Energy (NXE) 0.0 $483k 70k 6.94
Uranium Energy (UEC) 0.0 $476k 70k 6.80
Lundin Gold (LUGDF) 0.0 $466k 8.8k 52.72
Vista Oil & Gas S A B De C V (VIST) 0.0 $411k 8.6k 47.81
KB Financial (KB) 0.0 $391k 4.7k 82.58
Gold Fields (GFI) 0.0 $380k 16k 23.67
ICICI Bank (IBN) 0.0 $368k 11k 33.64
Ishares Tr ibonds dec 25 (IBMN) 0.0 $310k 12k 26.76
Palmer Square Capital BDC (PSBD) 0.0 $303k 22k 13.96
Invesco Exch Trd Slf Idx (BSMY) 0.0 $298k 13k 23.72
Yandex Nv-a (NBIS) 0.0 $289k 5.2k 55.33
Kemper Corp Del (KMPR) 0.0 $289k 4.5k 64.54
Fomento Economico Mexicano SAB (FMX) 0.0 $280k 2.7k 102.99
Tencent Holdings Ltd - (TCEHY) 0.0 $279k 4.3k 64.50
Shinhan Financial (SHG) 0.0 $265k 5.9k 45.18
Portman Ridge Finance Corp (BCIC) 0.0 $262k 21k 12.52
Ameriprise Financial (AMP) 0.0 $256k 480.00 533.73
Coca-Cola FEMSA, S.A.B. de C.V. (KOF) 0.0 $254k 2.6k 96.73
SPDR Gold Trust (GLD) 0.0 $242k 795.00 304.83
Alibaba Group Holding (BABA) 0.0 $237k 2.1k 113.41
Dr. Reddy's Laboratories (RDY) 0.0 $231k 15k 15.03
Grupo Financiero Banorte (GBOOY) 0.0 $225k 4.9k 45.80
HDFC Bank (HDB) 0.0 $221k 2.9k 76.67
Costco Wholesale Corporation (COST) 0.0 $219k 221.00 989.94
JPMorgan Chase & Co. (JPM) 0.0 $210k 725.00 289.91
Visa (V) 0.0 $210k 590.00 355.05
Hong Kong Exchanges & Clear - (HKXCY) 0.0 $208k 3.9k 53.85
Credicorp (BAP) 0.0 $201k 898.00 223.52
Advanced Semiconductor Engineering (ASX) 0.0 $187k 18k 10.33
JBS (JBS) 0.0 $183k 13k 14.61
Msc Income Fund (MSIF) 0.0 $174k 11k 16.43
Runway Growth Finance Corp (RWAY) 0.0 $173k 16k 10.73
PennantPark Investment (PNNT) 0.0 $168k 25k 6.84
Controladora Vuela Cia Spon Ad (VLRS) 0.0 $120k 25k 4.75
Sendas Distribuidora (ASAIY) 0.0 $118k 12k 10.33
Arcos Dorados Holdings (ARCO) 0.0 $116k 15k 7.89
Ecopetrol (EC) 0.0 $115k 13k 8.85
Vale (VALE) 0.0 $113k 12k 9.71
Pt Astra Intl Tbk (PTAIY) 0.0 $108k 20k 5.50