CONFLUENCE INVESTMENT MANAGEMENT LLC Q4 2024 Filing
Filed January 2, 2025
Portfolio Value
$7208.9T
Holdings
299
Report Date
Q4 2024
Filing Type
13F-HR
All Holdings (299 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 201 | SDZNYSandoz Group | 25,603 | $1.0T | 0.01% | |
| 202 | WTWWillis Towers Watson plc | 3,308 | $1.0T | 0.01% | |
| 203 | ZURVYZurich Insurance Group A.G. | 34,822 | $1.0T | 0.01% | |
| 204 | IBMPiShares iBonds Dec 2027 Term M | 40,821 | $1.0T | 0.01% | |
| 205 | BCICPortman Ridge Finance Corp. | 60,472 | $988.1B | 0.01% | |
| 206 | RWAYRunway Growth Finance Corp | 83,621 | $916.5B | 0.01% | |
| 207 | SONYSony Group Corp. | 43,135 | $912.7B | 0.01% | |
| 208 | MH6ATokio Marine Holdings Inc. | 24,726 | $890.6B | 0.01% | |
| 209 | NVONovo Nordisk A.S. | 10,274 | $883.8B | 0.01% | |
| 210 | SHOPShopify Inc. | 8,104 | $861.7B | 0.01% | |
| 211 | TRINTrinity Capital Inc. | 58,619 | $848.2B | 0.01% | |
| 212 | CHGCYChugai Pharms Co. Ltd. | 38,574 | $847.5B | 0.01% | |
| 213 | IBMQiShares iBonds Dec 2028 Term M | 33,255 | $837.4B | 0.01% | |
| 214 | ITOCYITOCHU Corp. | 8,312 | $819.2B | 0.01% | |
| 215 | SAFRYSafran S.A. | 14,949 | $814.7B | 0.01% | |
| 216 | NTDOYNintendo Co. Ltd. | 55,368 | $810.0B | 0.01% | |
| 217 | ICLRICON plc | 3,829 | $803.0B | 0.01% | |
| 218 | JJSFJ & J Snack Foods Corp. | 5,149 | $798.8B | 0.01% | |
| 219 | EXEExpand Energy Corp. | 7,971 | $793.5B | 0.01% | |
| 220 | OFSOFS Capital Corp. | 98,000 | $790.9B | 0.01% | |
| 221 | HLNHaleon plc | 80,835 | $771.2B | 0.01% | |
| 222 | INGING Groep N.V. | 48,238 | $755.9B | 0.01% | |
| 223 | ARAntero Resources Corp. | 21,219 | $743.7B | 0.01% | |
| 224 | IAU*iShares Gold Trust ETF | 14,962 | $740.8B | 0.01% | |
| 225 | MITSYMitsui & Co. Ltd. | 1,722 | $717.1B | 0.01% | |
| 226 | ULUnilever plc | 12,639 | $716.6B | 0.01% | |
| 227 | MMYTMakeMyTrip Ltd. | 6,357 | $713.8B | 0.01% | |
| 228 | AXPAmerican Express Co. | 2,400 | $712.3B | 0.01% | |
| 229 | LRLCYL'Oreal S.A. | 10,116 | $712.3B | 0.01% | |
| 230 | WPMWheaton Precious Metals Corp. | 12,656 | $711.8B | 0.01% | |
| 231 | BROBrown & Brown Inc. | 6,706 | $684.1B | 0.01% | |
| 232 | FNVFranco-Nevada Corp. | 5,790 | $680.8B | 0.01% | |
| 233 | JBSSJohn B Sanfilippo & Son Inc. | 7,779 | $677.6B | 0.01% | |
| 234 | FANGDiamondback Energy Inc. | 4,078 | $668.1B | 0.01% | |
| 235 | RGLDRoyal Gold Inc. | 4,909 | $647.3B | 0.01% | |
| 236 | XOMExxon Mobil Corp. | 5,958 | $640.9B | 0.01% | |
| 237 | IWNiShares Russell 2000 Value ETF | 3,822 | $627.5B | 0.01% | |
| 238 | VISTVista Energy S.A.B. de C.V. | 11,558 | $625.4B | 0.01% | |
| 239 | TTENTotalEnergies S.E. | 11,388 | $620.6B | 0.01% | |
| 240 | WMMVYWal-Mart de Mexico S.A.B. de C | 23,347 | $616.4B | 0.01% | |
| 241 | SLViShares Silver Trust ETF | 22,608 | $595.3B | 0.01% | |
| 242 | BNPQYBNP Paribas S.A. | 19,091 | $586.1B | 0.01% | |
| 243 | LVMUYLVMH Moet Hennessy Louis Vuitt | 4,465 | $583.5B | 0.01% | |
| 244 | CTRACoterra Energy Inc. | 22,837 | $583.3B | 0.01% | |
| 245 | —Antofagasta plc | 27,593 | $580.8B | 0.01% | |
| 246 | COPConocoPhillips | 5,852 | $580.3B | 0.01% | |
| 247 | U6ZUranium Energy Corp. | 84,333 | $564.2B | 0.01% | |
| 248 | HESHess Corp. | 4,117 | $547.6B | 0.01% | |
| 249 | MSDLMorgan Stanley Direct Lending | 26,142 | $540.1B | 0.01% | |
| 250 | FCXFreeport-McMoRan Inc. | 14,167 | $539.5B | 0.01% | |
| 251 | AAAlcoa Corp. | 13,999 | $528.9B | 0.01% | |
| 252 | SCCOSouthern Copper Corp. | 5,778 | $526.5B | 0.01% | |
| 253 | —BAE Systems plc | 9,209 | $526.4B | 0.01% | |
| 254 | SEASeabridge Gold Inc. | 43,190 | $492.8B | 0.01% | |
| 255 | RHHBYRoche Holding A.G. | 13,981 | $487.7B | 0.01% | |
| 256 | AGGiShares Core US Aggregate Bond | 4,990 | $483.5B | 0.01% | |
| 257 | DMLDenison Mines Corp. | 267,217 | $481.0B | 0.01% | |
| 258 | KMTUYKomatsu Ltd. | 17,580 | $480.3B | 0.01% | |
| 259 | BACBank of America Corp. | 10,591 | $465.5B | 0.01% | |
| 260 | ABXBarrick Gold Corp. | 29,751 | $461.1B | 0.01% | |
| 261 | NEMNewmont Mining Corp. | 11,788 | $438.7B | 0.01% | |
| 262 | GLNCYGlencore plc | 48,991 | $427.7B | 0.01% | |
| 263 | CWCurtiss-Wright Corp. | 1,160 | $411.6B | 0.01% | |
| 264 | MTRNMaterion Corp. | 4,031 | $398.6B | 0.01% | |
| 265 | —AGNC Investment Corp. | 41,958 | $386.4B | 0.01% | |
| 266 | WOPWoodside Energy Group Ltd. | 24,363 | $380.1B | 0.01% | |
| 267 | —ICICI Bank Ltd. | 12,500 | $373.3B | 0.01% | |
| 268 | MLB1MercadoLibre Inc. | 210 | $357.1B | 0.00% | |
| 269 | MOSMosaic Co. | 14,527 | $357.1B | 0.00% | |
| 270 | BSMWInvesco BulletShares 2032 Munc | 12,184 | $305.7B | 0.00% | |
| 271 | BSSXInvesco Bulletshares 2033 Muni | 11,825 | $304.6B | 0.00% | |
| 272 | IAUiShares iBonds Dec 2025 Term M | 11,431 | $304.2B | 0.00% | |
| 273 | IBMRiShares iBonds Dec 2029 Term M | 12,139 | $303.2B | 0.00% | |
| 274 | UI2Kemper Corp. | 4,470 | $297.0B | 0.00% | |
| 275 | KBKB Financial Group Inc. | 5,125 | $291.6B | 0.00% | |
| 276 | RDYDr Reddy's Laboratories Ltd. | 18,290 | $288.8B | 0.00% | |
| 277 | AQLTiShares Core MSCI EAFE ETF | 4,043 | $284.1B | 0.00% | |
| 278 | TCEHYTencent Holdings Ltd. | 5,197 | $276.4B | 0.00% | |
| 279 | FMXFomento Economico Mexicano S.A | 3,052 | $260.9B | 0.00% | |
| 280 | A4SAmeriprise Financial Inc. | 480 | $255.6B | 0.00% | |
| 281 | GFIGold Fields Ltd. | 19,140 | $252.6B | 0.00% | |
| 282 | AVMCAvantis US Mid Cap Equity ETF | 3,654 | $237.5B | 0.00% | |
| 283 | YUMCYum China Holdings Inc. | 4,891 | $235.6B | 0.00% | |
| 284 | INFYInfosys Ltd. | 10,413 | $228.2B | 0.00% | |
| 285 | KOFCoca-Cola Femsa SAB de CV | 2,909 | $226.6B | 0.00% | |
| 286 | COSTCostco Wholesale Corp. | 247 | $226.3B | 0.00% | |
| 287 | HDBHDFC Bank Ltd. | 3,389 | $216.4B | 0.00% | |
| 288 | VLRSControladora Vuela Cia de Avia | 28,343 | $210.9B | 0.00% | |
| 289 | SHGShinhan Financial Group Co. Lt | 6,412 | $210.8B | 0.00% | |
| 290 | BABAAlibaba Group Holding Ltd. | 2,425 | $205.6B | 0.00% | |
| 291 | JPMJPMorgan Chase & Co. | 852 | $204.2B | 0.00% | |
| 292 | PPLTAberdeen Standard Physical Pla | 2,421 | $201.1B | 0.00% | |
| 293 | ZTOZTO Express Cayman Inc. | 10,282 | $201.0B | 0.00% | |
| 294 | YJ3AJBS S.A. | 15,544 | $184.7B | 0.00% | |
| 295 | PNGAYPing An Insurance Group Co. of | 13,420 | $156.2B | 0.00% | |
| 296 | PTAIYPT Astra International Tbk | 22,793 | $134.3B | 0.00% | |
| 297 | BWMXBetterware de Mexico SAPI de C | 11,087 | $124.0B | 0.00% | |
| 298 | ECEcopetrol S.A. | 15,347 | $121.5B | 0.00% | |
| 299 | VALEVale S.A. | 13,233 | $117.4B | 0.00% | |
| 300 | ARCOArcos Dorados Holdings Inc. | 16,042 | $116.8B | 0.00% |