CONFLUENCE INVESTMENT MANAGEMENT LLC
CIK: 0001442056Latest portfolio: $6.7B · Q4 2025
Holdings
296
Total Value
$6.7B
New Positions
15
Closed Positions
13
Top Holdings
View All 296 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | SGOViShares 0-3 Month Treasury Bon | 2,091,242 | $209.9M | 3.15% | -508,716 | |
| 2 | SNASnap-on Inc. | 469,309 | $161.7M | 2.42% | -22,874 | |
| 3 | CBChubb Ltd. | 511,021 | $159.5M | 2.39% | -27,641 | |
| 4 | ADIAnalog Devices Inc. | 585,879 | $158.9M | 2.38% | -27,678 | |
| 5 | NTRSNorthern Trust Corp. | 1,103,103 | $150.7M | 2.26% | -54,359 | |
| 6 | WECWEC Energy Group Inc. | 1,327,420 | $140.0M | 2.10% | -63,236 | |
| 7 | LMTLockheed Martin Corp. | 285,228 | $138.0M | 2.07% | -11,944 | |
| 8 | PGRProgressive Corp. | 597,858 | $136.1M | 2.04% | +44K | |
| 9 | SOSouthern Co. | 1,485,576 | $129.5M | 1.94% | -63,850 | |
| 10 | HSYHershey Co. | 697,914 | $127.0M | 1.90% | -57,221 | |
| 11 | LINLinde plc | 297,323 | $126.8M | 1.90% | -12,488 | |
| 12 | CSCOCisco Systems Inc. | 1,618,101 | $124.6M | 1.87% | -89,525 | |
| 13 | BRBroadridge Financial Solutions | 556,515 | $124.2M | 1.86% | -27,397 | |
| 14 | FASTFastenal Co. | 3,093,116 | $124.1M | 1.86% | -121,848 | |
| 15 | CVXChevron Corp. | 801,450 | $122.1M | 1.83% | -31,451 | |
| 16 | IWDiShares Russell 1000 Value ETF | 568,609 | $119.6M | 1.79% | +550K | |
| 17 | ETREntergy Corp. | 1,287,734 | $119.0M | 1.78% | -64,613 | |
| 18 | HDHome Depot Inc. | 331,755 | $114.2M | 1.71% | -13,541 | |
| 19 | GILDGilead Sciences Inc. | 909,835 | $111.7M | 1.67% | -43,111 | |
| 20 | FNFFidelity National Financial In | 2,040,826 | $111.4M | 1.67% | -98,272 | |
| 21 | PAYXPaychex Inc. | 987,259 | $110.7M | 1.66% | -40,001 | |
| 22 | AWCAmerican Water Works Co. Inc. | 792,993 | $103.5M | 1.55% | -68,837 | |
| 23 | CLColgate-Palmolive Co. | 1,286,644 | $101.7M | 1.52% | -7,890 | |
| 24 | HONHoneywell International Inc. | 517,167 | $100.9M | 1.51% | NEW | |
| 25 | KMIKinder Morgan Inc. | 3,637,035 | $100.0M | 1.50% | -156,811 |
Quarterly Changes
New Positions
Increased Positions
Sector Breakdown
Financial ServicesNaN% ($InfinityT)
Unknown0.0% ($1.0348549104342733e+187T)
Industrials0.0% ($1.6172313795512412e+117T)
Technology0.0% ($1.588901246411242e+97T)
Basic Materials0.0% ($1.2677547006371646e+74T)
Consumer Cyclical0.0% ($1.1415688781537723e+71T)
Consumer Defensive0.0% ($1.2700510166994752e+64T)
Healthcare0.0% ($1.116727707155084e+51T)
Energy0.0% ($1.2214899981171971e+45T)
Utilities0.0% ($13998912954111.9T)
Communication Services0.0% ($5728614.3T)
Real Estate0.0% ($1.2M)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Jan 5, 2026 | $6.7B | 458 |
| Q3 2025 | Oct 14, 2025 | $7.0T | 456 |
| Q2 2025 | Jul 1, 2025 | $7.1T | 451 |
| Q1 2025 | Apr 1, 2025 | $6.9T | 462 |
| Q4 2024 | Jan 2, 2025 | $7208.9T | 359 |
| Q3 2024 | Nov 5, 2024 | $7074.1T | 352 |
| Q3 2024 | Oct 31, 2024 | $7482.0T | 357 |
| Q2 2024 | Jul 1, 2024 | $6929.1T | 358 |
| Q1 2024 | Apr 1, 2024 | $7436.1T | 353 |
| Q3 2023 | Oct 10, 2023 | $6461.5T | 349 |
| Q2 2023 | Jul 3, 2023 | $6864.4T | 354 |
| Q1 2023 | Apr 4, 2023 | $6788.7T | 358 |
| Q4 2022 | Jan 4, 2023 | $6.7T | 368 |
| Q3 2022 | Oct 3, 2022 | $6.0T | 357 |
| Q2 2022 | Jul 12, 2022 | $6.4T | 369 |
| Q1 2022 | Apr 4, 2022 | $7.1T | 369 |
| Q4 2021 | Jan 4, 2022 | $7.5T | 363 |
| Q3 2021 | Oct 4, 2021 | $7.1T | 357 |
| Q2 2021 | Jul 1, 2021 | $7.5T | 358 |
| Q1 2021 | Apr 5, 2021 | $7.1T | 354 |
| Q4 2020 | Jan 25, 2021 | $6.7T | 356 |
| Q3 2020 | Oct 19, 2020 | $6.2T | 348 |
| Q2 2020 | Jul 1, 2020 | $6.0T | 344 |
| Q1 2020 | Apr 8, 2020 | $5.2T | 343 |
| Q4 2019 | Jan 29, 2020 | $6.8T | 336 |
| Q3 2019 | Oct 15, 2019 | $6.4T | 341 |
| Q2 2019 | Jul 24, 2019 | $6.3T | 344 |
| Q1 2019 | Apr 16, 2019 | $5.9T | 347 |
| Q4 2018 | Jan 4, 2019 | $5.3T | 359 |
| Q3 2018 | Oct 25, 2018 | $5.9T | 366 |
| Q2 2018 | Jul 12, 2018 | $5.7T | 366 |
| Q1 2018 | Apr 4, 2018 | $5.4T | 284 |
| Q4 2017 | Jan 8, 2018 | $5.5T | 296 |
| Q3 2017 | Oct 13, 2017 | $5.2T | 294 |
| Q2 2017 | Jul 11, 2017 | $4.9T | 296 |
| Q1 2017 | Apr 6, 2017 | $4.5T | 291 |
| Q4 2016 | Feb 14, 2017 | $4.1T | 235 |
| Q3 2016 | Nov 4, 2016 | $3.8T | 223 |
| Q2 2016 | Jul 26, 2016 | $3.6T | 230 |
| Q1 2016 | May 4, 2016 | $3.3T | 231 |
Fund Information
CONFLUENCE INVESTMENT MANAGEMENT LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $6.7B across 296 holdings. The largest position is iShares 0-3 Month Treasury Bon (SGOV), representing 3.1% of the portfolio. Compared to the previous quarter, the fund opened 18 new positions and closed 15 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.