CONFLUENCE INVESTMENT MANAGEMENT LLC Q2 2020 Filing

Filed July 1, 2020

Portfolio Value

$6.0B

Holdings

291

Report Date

Q2 2020

Filing Type

13F-HR

All Holdings (291 positions)

StockValue
OBDCOwl Rock Capital Corporation
$1.2M
WTWWillis Towers Watson Public Lt
$1.2M
WMMVYWalmart De-Mexico-Spon ADR V
$1.1M
ESLTElbit Systems Ltd
$1.1M
SAPSAP AG - ADS
$1.1M
NATHNathan's Famous Inc
$1.1M
CNRCanadian National Railway
$1.0M
BROBrown & Brown Inc.
$1.0M
NTDOYNintendo Co. Ltd. ADS
$965K
APTVAPTIV PLC
$930K
RHHBYRoche Holding AG
$894K
IAUiShares iBonds Dec 2023 Term C
$886K
CSWCCapital Southwest Corp.
$880K
IUSViShares Core US Values - ETF
$879K
DBS GROUP HOLDINGS-SPON ADR
$843K
PFLTPennantPark Floating Rate Capi
$796K
FANUYFanuc Ltd. ADS
$773K
CCAPCrescent Capital BDC, Inc.
$773K
MINTPimco Enhanced Short Maturity
$741K
PAGSPagseguro Digital Ltd
$738K
SLVSilver Trust - iShares
$708K
RDS/ARoyal Dutch Shell PLC - Cl A
$689K
FSC1EUROaktree Specialty Lending Corp
$684K
UOVEYUnited Overseas Bank Limited
$671K
Capstead Mortgage Corp.
$611K
TLHiShares Barclays 10-20 Year Tr
$582K
KMTUYKOMATSU LTD
$577K
MLCOMelco Resorts & Entertainment
$575K
FSPFranklin Street Properties Cor
$522K
VUSXXVanguard Treasury Money Market
$521K
GBILGoldman Sachs Treasury Access
$501K
VVisa, Inc. - A
$499K
NBISYandex NV
$496K
ICMBInvestcorp Credit Management B
$448K
VIPSVipshop Holdings Ltd
$445K
MFICApollo Investment Corp.
$428K
Solar Senior Capital Ltd.
$419K
JAZZJazz Pharmaceuticals Plc
$416K
MLB1MERCADOLIBRE INC
$402K
JJSFJ & J Snack Foods Corp
$399K
PAASPan American Silver Corp
$398K
HTHTHuazhu Group Ltd.
$397K
LLYEli Lilly & Co.
$394K
AAPLApple Inc.
$387K
EQXEquinox Gold
$384K
KCAPUSDPortman Ridge Finance Corp
$375K
PYPLPayPal Holdings, Inc.
$365K
MCCUSDMedley Capital Corp.
$357K
NATHNathan's Famous Inc
$349K
Manatuck Hill Mariner Offshore
$337K
NVDANVIDIA Corp.
$331K
XNGSYENN Energy Holdings Ltd
$329K
GDSGDS Holdings Ltd
$326K
UI2Kemper Corp.
$324K
AYS1Sandstorm Gold Ltd.
$318K
WXXWYWuxi Biologics Cayman Inc
$310K
YUMCYum China Holdings Inc
$309K
SIL1EURSilverCrest Metals Inc
$307K
HDBHDFC Bank Ltd
$304K
ABXBarrick Gold ORD Shrs
$295K
GFIGold Fields Ltd
$291K
RDYDR. REDDY'S LABORATORIES LTD.
$290K
TTENTotal SA - ADR
$280K
JPMJP Morgan Chase & Company
$272K
COSTCostco Wholesale Corporation
$271K
SEASeabridge Gold Inc.
$271K
TMETencent Music Entertainment Gr
$265K
RGLDRoyal Gold, Inc.
$264K
WNSNWNS Holdings Ltd
$262K
CEOCNOOC Ltd.
$260K
MMC Norilsk Nickel
$257K
PNGAYPing An Insurance Group Co of
$256K
GQ9Gold Shares - SPDR
$254K
TXGTorex Gold Res Inc
$246K
FLOTiShares Floating Rate Note Fun
$241K
SNPUSDChina Petroleum & Chemical Co
$239K
BACBank of America Corp.
$236K
BIDUNBaidu Inc. ADS
$234K
ZNHUSDChina Southern Airlines Co Ltd
$233K
AMZNAmazon.com, Inc.
$229K
AXPAmerican Express Company
$228K
LZRFYLocaliza Rent a Car SA
$228K
KBKB Financial Group Inc
$213K
FMXFOMENTO ECONOMICO MEXICANO, S.
$212K
ECEcopetrol SA
$210K
C1B2Cia Brasileira de Distribuicao
$206K
GBOOYGrupo Financiero ADR
$202K
BAPCREDICORP LTD
$201K
FCXFreeport-McMoRan Copper & Gold
$192K
CCOCameco Corp.
$171K
OREUROsisko Gold Royalties Ltd
$155K
TECK/BTeck Resources Limited
$153K
LYSDYLynas Corp Ltd
$135K
ICICI Bank Ltd. ADS
$125K
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