CONFLUENCE INVESTMENT MANAGEMENT LLC Q4 2020 Filing
Filed January 25, 2021
Portfolio Value
$6.7B
Holdings
302
Report Date
Q4 2020
Filing Type
13F-HR
All Holdings (302 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | GGGGraco Inc. | 2,411,063 | $174.4B | 2594.94% | |
| 2 | PEPPepsico Inc. | 1,144,038 | $169.7B | 2523.85% | |
| 3 | LINLinde PLC | 612,806 | $161.5B | 2402.16% | |
| 4 | FASTFastenal Co. | 3,028,690 | $147.9B | 2200.00% | |
| 5 | PAYXPaychex Inc. | 1,521,127 | $141.7B | 2108.48% | |
| 6 | DEODiageo PLC | 873,518 | $138.7B | 2063.62% | |
| 7 | PGRProgressive Corp. | 1,395,856 | $138.0B | 2053.19% | |
| 8 | NSRGYNestle SA | 1,149,078 | $135.4B | 2013.61% | |
| 9 | MSFTMicrosoft Corp. | 587,795 | $130.7B | 1944.82% | |
| 10 | SNASnap-on Inc. | 763,909 | $130.7B | 1944.79% | |
| 11 | CLColgate-Palmolive Co. | 1,491,057 | $127.5B | 1896.67% | |
| 12 | BRBroadridge Financial Solutions | 829,087 | $127.0B | 1889.47% | |
| 13 | ADIAnalog Devices Inc. | 820,552 | $121.2B | 1803.25% | |
| 14 | SOSouthern Company | 1,968,236 | $120.9B | 1798.62% | |
| 15 | CBChubb Corp | 765,378 | $117.8B | 1752.48% | |
| 16 | LMTLockheed Martin Corp | 316,844 | $112.5B | 1673.13% | |
| 17 | NTRSNorthern Trust Corporation | 1,181,496 | $110.0B | 1637.01% | |
| 18 | PIIPolaris Industries | 1,154,082 | $110.0B | 1635.76% | |
| 19 | MMM3M Company | 571,260 | $99.9B | 1485.37% | |
| 20 | WYWeyerhaeuser Co. | 2,915,149 | $97.7B | 1454.04% | |
| 21 | FNFFidelity National Financial In | 2,493,958 | $97.5B | 1450.23% | |
| 22 | FQIDigital Realty Trust Inc. | 695,757 | $97.1B | 1443.92% | |
| 23 | DOWDow Inc | 1,648,772 | $91.5B | 1361.24% | |
| 24 | RYNRayonier Inc. | 2,927,676 | $86.0B | 1279.54% | |
| 25 | USBUS Bancorp | 1,840,524 | $85.8B | 1275.60% | |
| 26 | SBUXStarbucks Corporation | 793,525 | $84.9B | 1262.82% | |
| 27 | SYKStryker Corp. | 340,828 | $83.5B | 1242.37% | |
| 28 | ETREntergy Corporation | 828,575 | $82.7B | 1230.60% | |
| 29 | PFEPfizer Inc. | 2,177,558 | $80.2B | 1192.39% | |
| 30 | TJXTJX Companies | 1,139,513 | $77.8B | 1157.59% | |
| 31 | CSCOCisco Systems, Inc. | 1,704,329 | $76.3B | 1134.56% | |
| 32 | MAMastercard Inc. - A | 210,433 | $75.1B | 1117.35% | |
| 33 | CVXChevron Corp. | 882,688 | $74.5B | 1108.89% | |
| 34 | ARCCAres Capital Corp. | 4,307,727 | $72.8B | 1082.32% | |
| 35 | TIFEURTiffany & Co. | 537,975 | $70.7B | 1051.97% | |
| 36 | NXPINXP Semiconductors N.V. | 442,722 | $70.4B | 1047.21% | |
| 37 | ORCLOracle Corporation | 1,074,839 | $69.5B | 1034.33% | |
| 38 | SLG2EURSl Green Realty | 1,139,854 | $67.9B | 1010.25% | |
| 39 | KMIKinder Morgan Inc. | 4,882,559 | $66.7B | 992.89% | |
| 40 | ITWIllinois Tool Works Inc. | 325,908 | $66.4B | 988.44% | |
| 41 | GILDGilead Sciences | 1,107,549 | $64.5B | 959.88% | |
| 42 | BKIEURBlack Knight Inc | 656,391 | $58.0B | 862.68% | |
| 43 | LOWLowe's Companies Inc. | 344,623 | $55.3B | 822.87% | |
| 44 | BKNGBooking Holdings Inc | 24,594 | $54.8B | 814.85% | |
| 45 | MKLMarkel Corp. | 51,158 | $52.9B | 786.37% | |
| 46 | BAMBrookfield Asset Management In | 1,228,009 | $50.7B | 753.91% | |
| 47 | RTXRaytheon Technologies Corp | 694,400 | $49.7B | 738.69% | |
| 48 | —IHS Markit Ltd | 552,625 | $49.6B | 738.47% | |
| 49 | CRLCharles River Laboratories Int | 196,113 | $49.0B | 728.93% | |
| 50 | GOOGAlphabet Inc. - Class C | 27,780 | $48.7B | 723.96% | |
| 51 | TMOThermo Fisher Scientific Inc. | 103,213 | $48.1B | 715.15% | |
| 52 | BRK/BBerkshire Hathaway Inc. - B | 201,887 | $46.8B | 696.35% | |
| 53 | WRBW.R. Berkley Corp. | 692,796 | $46.0B | 684.53% | |
| 54 | IEFiShares 7-10 Year Treasury Bon | 377,151 | $45.2B | 672.97% | |
| 55 | BROBrown & Brown Inc. | 929,338 | $44.1B | 655.43% | |
| 56 | NDSNNordson Corporation | 210,162 | $42.2B | 628.24% | |
| 57 | FTDRFrontdoor Inc | 835,102 | $41.9B | 623.76% | |
| 58 | CNNECannae Holdings Inc | 918,009 | $40.6B | 604.55% | |
| 59 | AXTAAxalta Coating Systems LTD | 1,342,244 | $38.3B | 570.06% | |
| 60 | CERNCHFCerner Corporation | 462,796 | $36.3B | 540.29% | |
| 61 | NKENike Inc. - B | 256,712 | $36.3B | 540.25% | |
| 62 | ACNAccenture PLC | 131,681 | $34.4B | 511.67% | |
| 63 | DLTRDollar Tree, Inc. | 292,376 | $31.6B | 469.90% | |
| 64 | TROWT. Rowe Price Group Inc. | 205,340 | $31.1B | 462.43% | |
| 65 | HDHome Depot Inc. | 116,065 | $30.8B | 458.61% | |
| 66 | APDAir Products & Chemicals Inc. | 111,493 | $30.5B | 453.15% | |
| 67 | DNBDun & Bradstreet Holdings | 1,219,724 | $30.4B | 451.79% | |
| 68 | AWCAmerican Water Works Co. | 194,970 | $29.9B | 445.11% | |
| 69 | SCHWCharles Schwab | 540,260 | $28.7B | 426.27% | |
| 70 | PPGPPG Industries Inc. | 196,357 | $28.3B | 421.27% | |
| 71 | MDTMedtronic | 241,335 | $28.3B | 420.54% | |
| 72 | PGProcter & Gamble Company | 201,928 | $28.1B | 417.95% | |
| 73 | ROKRockwell Automation Inc. | 108,738 | $27.3B | 405.71% | |
| 74 | FISFidelity National Information | 191,288 | $27.1B | 402.54% | |
| 75 | EXPDExpeditors International of Wa | 283,925 | $27.0B | 401.71% | |
| 76 | CBSHCommerce Bancshares Inc. | 407,200 | $26.8B | 397.97% | |
| 77 | MCDMcDonald's Corp. | 124,298 | $26.7B | 396.77% | |
| 78 | CLXThe Clorox Company | 128,014 | $25.8B | 384.52% | |
| 79 | DCIDonaldson Inc. | 455,764 | $25.5B | 378.86% | |
| 80 | MORNMorningstar Inc. | 107,762 | $25.0B | 371.23% | |
| 81 | —SPDR S&P 500 Value | 724,831 | $24.9B | 370.81% | |
| 82 | SPYGSPDR S&P 500 Growth ETF | 445,173 | $24.6B | 366.15% | |
| 83 | BDXBecton Dickinson and Company | 97,619 | $24.4B | 363.36% | |
| 84 | BWINBRP Group | 813,771 | $24.4B | 362.81% | |
| 85 | NVSNNovartis AG - ADR | 247,124 | $23.3B | 347.14% | |
| 86 | HCSGHealthcare Services Group | 792,936 | $22.3B | 331.46% | |
| 87 | AVNSAvanos Medical Inc. | 481,042 | $22.1B | 328.31% | |
| 88 | SEICSEI Investments Company | 383,762 | $22.1B | 328.09% | |
| 89 | IAUUSDiShares Gold Trust | 1,209,016 | $21.9B | 326.06% | |
| 90 | MBBiShares MBS Bond ETF | 198,007 | $21.8B | 324.40% | |
| 91 | IUSViShares Core US Values - ETF | 333,591 | $20.7B | 308.61% | |
| 92 | CFRCullen Frost Bankers Inc. | 237,782 | $20.7B | 308.55% | |
| 93 | NJRNew Jersey Resources Corp. | 543,712 | $19.3B | 287.53% | |
| 94 | MTBM&T Bank Corp. | 149,598 | $19.0B | 283.30% | |
| 95 | GDGeneral Dynamics Corp. | 122,130 | $18.2B | 270.37% | |
| 96 | RMAXRE/MAX Holdings Inc. | 497,113 | $18.1B | 268.66% | |
| 97 | IBDViShares iBonds Dec 2030 Term C | 679,995 | $17.9B | 265.89% | |
| 98 | IBDRiShares Corporate iBonds ETF 2 | 656,253 | $17.8B | 264.57% | |
| 99 | VNTVontier | 527,091 | $17.6B | 261.89% | |
| 100 | HXGBYHexagon AB | 176,570 | $16.0B | 238.10% |
Page 1 of 4Next