CONFLUENCE INVESTMENT MANAGEMENT LLC Q4 2019 Filing
Filed January 29, 2020
Portfolio Value
$6.8T
Holdings
283
Report Date
Q4 2019
Filing Type
13F-HR
All Holdings (283 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 101 | BSMYInvesco BulletShares 2025 | 686,744 | $14.7B | 0.22% | |
| 102 | IBDTiShares iBonds Dec 2028 Term C | 527,917 | $14.7B | 0.22% | |
| 103 | AQLTiShares Corporate Bond ETF 202 | 536,312 | $14.4B | 0.21% | |
| 104 | BIZDVanEck Vectors BDC Income ETF | 813,152 | $13.6B | 0.20% | |
| 105 | IBDSiShares iBonds Dec 2027 Term C | 482,983 | $12.6B | 0.18% | |
| 106 | GBDCGolub Capital BDC Inc. | 616,100 | $11.4B | 0.17% | |
| 107 | NMFCNew Mountain Finance Corp. | 817,482 | $11.2B | 0.17% | |
| 108 | AVNSAvanos Medical Inc. | 325,793 | $11.0B | 0.16% | |
| 109 | IJKS&P MidCap 400 Growth Index Fu | 45,926 | $10.9B | 0.16% | |
| 110 | —TCP Capital Corp. | 766,343 | $10.8B | 0.16% | |
| 111 | HTGCHercules Technology Growth Cap | 751,010 | $10.5B | 0.15% | |
| 112 | —Invesco BulletShares 2024 | 489,343 | $10.5B | 0.15% | |
| 113 | —Invesco BulletShares 2022 | 478,603 | $10.3B | 0.15% | |
| 114 | —Invesco BulletShares 2021 | 481,605 | $10.2B | 0.15% | |
| 115 | IUSViShares Core US Values - ETF | 152,998 | $9.6B | 0.14% | |
| 116 | SLRCSolar Capital Ltd. | 436,110 | $9.0B | 0.13% | |
| 117 | BBDCBarings BDC Inc | 872,009 | $9.0B | 0.13% | |
| 118 | IGIBiShares Intermediate Term Corp | 150,629 | $8.7B | 0.13% | |
| 119 | GTESGates Industrial | 562,723 | $7.7B | 0.11% | |
| 120 | PDCOEURPatterson Companies Inc. | 375,803 | $7.7B | 0.11% | |
| 121 | TPVGTriplePoint Venture Growth BDC | 537,277 | $7.6B | 0.11% | |
| 122 | ALNTAllied Motion Technologies Inc | 151,835 | $7.4B | 0.11% | |
| 123 | IIIVI3 Verticals Inc | 257,692 | $7.3B | 0.11% | |
| 124 | MFICApollo Investment Corp. | 414,251 | $7.2B | 0.11% | |
| 125 | HTOSJW Group | 101,255 | $7.2B | 0.11% | |
| 126 | TSLXUSDTPG Specialty Lending, Inc. | 314,594 | $6.8B | 0.10% | |
| 127 | NWNNorthwest Natural Holding Co | 91,286 | $6.7B | 0.10% | |
| 128 | THRThermon Group Holdings Inc. | 246,507 | $6.6B | 0.10% | |
| 129 | JBTJohn Bean Technologies Corp. | 57,837 | $6.5B | 0.10% | |
| 130 | NLYEURAnnaly Capital Management Inc. | 687,397 | $6.5B | 0.10% | |
| 131 | KAIKadant Inc | 61,095 | $6.4B | 0.09% | |
| 132 | SCMStellus Capital Investment | 450,396 | $6.4B | 0.09% | |
| 133 | TWOTwo Harbors Investment Corp. | 436,333 | $6.4B | 0.09% | |
| 134 | FWRDUSDForward Air Corp. | 88,834 | $6.2B | 0.09% | |
| 135 | GOODGladstone Commercial Corp. | 275,939 | $6.0B | 0.09% | |
| 136 | RBCRBC Bearings Incorporated | 38,061 | $6.0B | 0.09% | |
| 137 | —James River Group Holdings Ltd | 145,594 | $6.0B | 0.09% | |
| 138 | —MTS Systems Corp. | 124,769 | $6.0B | 0.09% | |
| 139 | PNNTPennantPark Investment Corp. | 887,398 | $5.8B | 0.09% | |
| 140 | VNQREIT Index - Vanguard | 62,453 | $5.8B | 0.09% | |
| 141 | BMRCBank of Marin (CA) | 127,663 | $5.8B | 0.08% | |
| 142 | OFSOFS Capital Corp. | 503,214 | $5.6B | 0.08% | |
| 143 | VBTXVeritex Holdings | 192,863 | $5.6B | 0.08% | |
| 144 | RCOResources Connection Inc | 342,041 | $5.6B | 0.08% | |
| 145 | HCSGHealthcare Services Group | 228,099 | $5.5B | 0.08% | |
| 146 | HXGBYHexagon AB | 98,348 | $5.5B | 0.08% | |
| 147 | SPYS&P 500 - SPDR | 16,899 | $5.4B | 0.08% | |
| 148 | SPHQPowershares S&P 500 Quality Po | 145,307 | $5.3B | 0.08% | |
| 149 | —Neenah Paper Inc | 74,252 | $5.2B | 0.08% | |
| 150 | IBMQiShares iBonds Dec 2028 Term M | 197,840 | $5.2B | 0.08% | |
| 151 | MLMMartin Marietta Materials Inc. | 18,279 | $5.1B | 0.08% | |
| 152 | GSBDGoldman Sachs BDC Inc. | 236,957 | $5.0B | 0.07% | |
| 153 | —Natus Medical Inc. | 150,322 | $5.0B | 0.07% | |
| 154 | VREXVarex Imaging Corp | 162,705 | $4.8B | 0.07% | |
| 155 | IGLBiShares Long-Term Corporate Bo | 72,629 | $4.8B | 0.07% | |
| 156 | IPHSEURInnophos Holdings Inc | 148,735 | $4.8B | 0.07% | |
| 157 | IBMPIshares Ibonds Dec 2027 Term M | 179,812 | $4.7B | 0.07% | |
| 158 | SPTISpdr Portfolio Intermediate Te | 149,958 | $4.6B | 0.07% | |
| 159 | XLVHealth Care Select Sector - SP | 43,344 | $4.4B | 0.06% | |
| 160 | XLFIConsumer Staples Select Sector | 66,346 | $4.2B | 0.06% | |
| 161 | IAUiShares iBonds Dec 2025 Term M | 140,781 | $3.8B | 0.06% | |
| 162 | AQLTiShares iBonds Dec 2024 Term M | 144,020 | $3.8B | 0.06% | |
| 163 | IBMOIshares Ibonds Dec 2026 Term M | 141,743 | $3.7B | 0.05% | |
| 164 | —iShares iBonds Dec 2021 AMT-Fr | 139,762 | $3.6B | 0.05% | |
| 165 | —iShares iBonds Dec 2022 AMT-Fr | 137,559 | $3.6B | 0.05% | |
| 166 | AQLTiShares Muni Bond 2023 | 139,159 | $3.6B | 0.05% | |
| 167 | MOVMovado Group Inc. | 163,992 | $3.6B | 0.05% | |
| 168 | PAHCPhibro Animal Health Corp Clas | 141,064 | $3.5B | 0.05% | |
| 169 | MAINMain Street Capital Corp. | 80,001 | $3.4B | 0.05% | |
| 170 | XLKTechnology Select Sector SPDR | 30,740 | $2.8B | 0.04% | |
| 171 | USCRUS Concrete Inc | 64,599 | $2.7B | 0.04% | |
| 172 | TFISPDR Nuveen Barclays Capital M | 50,489 | $2.6B | 0.04% | |
| 173 | MUBiShares National AMT-Free Muni | 22,079 | $2.5B | 0.04% | |
| 174 | GOOGLAlphabet Inc. - Class A | 1,792 | $2.4B | 0.04% | |
| 175 | IWDRussell 1000 Value Index - iSh | 17,163 | $2.3B | 0.03% | |
| 176 | ICLRIcon PLC | 12,931 | $2.2B | 0.03% | |
| 177 | IWNRussell 2000 Value Index - iSh | 16,545 | $2.1B | 0.03% | |
| 178 | GSKGlaxoSmithKline Plc (Adr 1:2) | 44,142 | $2.1B | 0.03% | |
| 179 | CSWCCapital Southwest Corp. | 97,338 | $2.0B | 0.03% | |
| 180 | —Alcentra Capital Corporation | 222,421 | $2.0B | 0.03% | |
| 181 | LVMUYLVMH Moet Hennessy Louis Vuitt | 21,145 | $2.0B | 0.03% | |
| 182 | IBDQiShares iBonds Dec 2025 Term C | 72,006 | $1.9B | 0.03% | |
| 183 | PFLTPennantPark Floating Rate Capi | 147,081 | $1.8B | 0.03% | |
| 184 | BABAAlibaba Group Holding Ltd | 8,284 | $1.8B | 0.03% | |
| 185 | BCSFBain Capital Specialty Finance | 87,010 | $1.7B | 0.03% | |
| 186 | BRK-BBerkshire Hathaway Inc. - Clas | 5 | $1.7B | 0.02% | |
| 187 | DSDVYDSV Panalpina | 29,349 | $1.7B | 0.02% | |
| 188 | TSMTaiwan Semiconductor Manufactu | 27,561 | $1.6B | 0.02% | |
| 189 | SONYSony Corp. ADS | 23,320 | $1.6B | 0.02% | |
| 190 | AAGIYAIA Group Ltd | 37,635 | $1.6B | 0.02% | |
| 191 | WCNWaste Connections, INC. | 17,084 | $1.6B | 0.02% | |
| 192 | FNVFranco-Nevada Corp. | 14,695 | $1.5B | 0.02% | |
| 193 | SHOPShopify Inc | 3,746 | $1.5B | 0.02% | |
| 194 | CYBRCyberark Software Ltd | 12,623 | $1.5B | 0.02% | |
| 195 | ICMBInvestcorp Credit Management B | 214,886 | $1.4B | 0.02% | |
| 196 | NATHNathan's Famous Inc | 20,246 | $1.4B | 0.02% | |
| 197 | FSC1EUROaktree Specialty Lending Corp | 260,298 | $1.4B | 0.02% | |
| 198 | ESLTElbit Systems Ltd | 8,360 | $1.3B | 0.02% | |
| 199 | IAUiShares iBonds Dec 2023 Term C | 49,124 | $1.3B | 0.02% | |
| 200 | ZTOZTO Express Cayman Inc | 50,499 | $1.2B | 0.02% |