Filed: 7/1/2026ACC: 0001442056-26-000006
📋 What this filing means
CONFLUENCE INVESTMENT MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 290 equity positions with a total reported market value of $6.40B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
290
Positions
$6.40B
Total AUM (reported)
77.14M
Total Shares
Allocation by class
COM$6.40B100.0%
Portfolio Concentration
Top 3$605.53M9.5%
4–10$938.19M14.7%
11–25$1.68B26.2%
Rest$3.18B49.7%
Top 3 weight
9.5%
Top 10 weight
24.1%
Voting Authority Distribution
Total shares with voting rights: 77.14M
Sole
Full voting authority
73.47M
shares
% of voting shares95.2%
Shared
Joint voting authority
2.23M
shares
% of voting shares2.9%
None
No voting authority
1.45M
shares
% of voting shares1.9%
Investment Discretion (by position count)
Sole289
Shared0
Other1
Dominant voting typeSole · 95.2% of voting shares
Institutional Holdings290
Rows:
iShares 0-3 Month Treasury Bon
SOLEShares2.79M
TypeSH
Market value$280.67M
4.39%
Sole
2.78M
Shared
0.00
None
8.37K
Snap-on Inc.
SOLEShares417.13K
TypeSH
Market value$167.85M
2.62%
Sole
415.87K
Shared
0.00
None
1.26K
Chubb Ltd.
SOLEShares460.77K
TypeSH
Market value$157.00M
2.45%
Sole
459.28K
Shared
0.00
None
1.49K
Linde plc
SOLEShares270.73K
TypeSH
Market value$140.49M
2.20%
Sole
269.87K
Shared
0.00
None
857.00
WEC Energy Group Inc.
SOLEShares1.19M
TypeSH
Market value$139.11M
2.17%
Sole
1.19M
Shared
0.00
None
3.60K
Fastenal Co.
SOLEShares2.83M
TypeSH
Market value$135.91M
2.12%
Sole
2.82M
Shared
0.00
None
7.51K
Entergy Corp.
SOLEShares1.16M
TypeSH
Market value$132.85M
2.08%
Sole
1.15M
Shared
0.00
None
3.36K
Lockheed Martin Corp.
SOLEShares258.58K
TypeSH
Market value$131.73M
2.06%
Sole
257.85K
Shared
0.00
None
729.00
Southern Co.
SOLEShares1.37M
TypeSH
Market value$131.18M
2.05%
Sole
1.37M
Shared
0.00
None
3.95K
Stanley Black & Decker Inc.
SOLEShares1.35M
TypeSH
Market value$126.91M
1.98%
Sole
1.34M
Shared
0.00
None
4.12K
Chevron Corp.
SOLEShares742.86K
TypeSH
Market value$123.14M
1.92%
Sole
740.52K
Shared
0.00
None
2.34K
Progressive Corp.
SOLEShares557.41K
TypeSH
Market value$121.77M
1.90%
Sole
556.04K
Shared
0.00
None
1.36K
Clorox Co.
SOLEShares1.25M
TypeSH
Market value$119.08M
1.86%
Sole
1.24M
Shared
0.00
None
3.67K
Mondelez International Inc.
SOLEShares2.04M
TypeSH
Market value$118.24M
1.85%
Sole
2.04M
Shared
0.00
None
5.18K
Analog Devices Inc.
SOLEShares293.39K
TypeSH
Market value$116.53M
1.82%
Sole
292.53K
Shared
0.00
None
860.00
Hershey Co.
SOLEShares663.24K
TypeSH
Market value$116.37M
1.82%
Sole
661.26K
Shared
0.00
None
1.98K
Northern Trust Corp.
SOLEShares660.42K
TypeSH
Market value$114.81M
1.79%
Sole
658.52K
Shared
0.00
None
1.89K
Colgate-Palmolive Co.
SOLEShares1.21M
TypeSH
Market value$110.88M
1.73%
Sole
1.21M
Shared
0.00
None
3.50K
Home Depot Inc.
SOLEShares311.26K
TypeSH
Market value$109.78M
1.72%
Sole
310.39K
Shared
0.00
None
875.00
Kinder Morgan Inc.
SOLEShares3.37M
TypeSH
Market value$107.70M
1.68%
Sole
3.36M
Shared
0.00
None
9.73K
T. Rowe Price Group Inc.
SOLEShares936.41K
TypeSH
Market value$106.46M
1.66%
Sole
933.61K
Shared
0.00
None
2.80K
Gilead Sciences Inc.
SOLEShares832.63K
TypeSH
Market value$105.19M
1.64%
Sole
830.20K
Shared
0.00
None
2.43K
U.S. Bancorp
SOLEShares1.73M
TypeSH
Market value$104.79M
1.64%
Sole
1.73M
Shared
0.00
None
4.94K
American Water Works Co. Inc.
SOLEShares780.31K
TypeSH
Market value$102.67M
1.60%
Sole
777.96K
Shared
0.00
None
2.35K
Cisco Systems Inc.
SOLEShares841.79K
TypeSH
Market value$98.88M
1.54%
Sole
839.36K
Shared
0.00
None
2.42K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
iShares 0-3 Month Treasury BonSOLE | COM | 2.79M | SH | $280.67M 4.39% | 2.78M | 0.00 | 8.37K |
Snap-on Inc.SOLE | COM | 417.13K | SH | $167.85M 2.62% | 415.87K | 0.00 | 1.26K |
Chubb Ltd.SOLE | COM | 460.77K | SH | $157.00M 2.45% | 459.28K | 0.00 | 1.49K |
Linde plcSOLE | COM | 270.73K | SH | $140.49M 2.20% | 269.87K | 0.00 | 857.00 |
WEC Energy Group Inc.SOLE | COM | 1.19M | SH | $139.11M 2.17% | 1.19M | 0.00 | 3.60K |
Fastenal Co.SOLE | COM | 2.83M | SH | $135.91M 2.12% | 2.82M | 0.00 | 7.51K |
Entergy Corp.SOLE | COM | 1.16M | SH | $132.85M 2.08% | 1.15M | 0.00 | 3.36K |
Lockheed Martin Corp.SOLE | COM | 258.58K | SH | $131.73M 2.06% | 257.85K | 0.00 | 729.00 |
Southern Co.SOLE | COM | 1.37M | SH | $131.18M 2.05% | 1.37M | 0.00 | 3.95K |
Stanley Black & Decker Inc.SOLE | COM | 1.35M | SH | $126.91M 1.98% | 1.34M | 0.00 | 4.12K |
Chevron Corp.SOLE | COM | 742.86K | SH | $123.14M 1.92% | 740.52K | 0.00 | 2.34K |
Progressive Corp.SOLE | COM | 557.41K | SH | $121.77M 1.90% | 556.04K | 0.00 | 1.36K |
Clorox Co.SOLE | COM | 1.25M | SH | $119.08M 1.86% | 1.24M | 0.00 | 3.67K |
Mondelez International Inc.SOLE | COM | 2.04M | SH | $118.24M 1.85% | 2.04M | 0.00 | 5.18K |
Analog Devices Inc.SOLE | COM | 293.39K | SH | $116.53M 1.82% | 292.53K | 0.00 | 860.00 |
Hershey Co.SOLE | COM | 663.24K | SH | $116.37M 1.82% | 661.26K | 0.00 | 1.98K |
Northern Trust Corp.SOLE | COM | 660.42K | SH | $114.81M 1.79% | 658.52K | 0.00 | 1.89K |
Colgate-Palmolive Co.SOLE | COM | 1.21M | SH | $110.88M 1.73% | 1.21M | 0.00 | 3.50K |
Home Depot Inc.SOLE | COM | 311.26K | SH | $109.78M 1.72% | 310.39K | 0.00 | 875.00 |
Kinder Morgan Inc.SOLE | COM | 3.37M | SH | $107.70M 1.68% | 3.36M | 0.00 | 9.73K |
T. Rowe Price Group Inc.SOLE | COM | 936.41K | SH | $106.46M 1.66% | 933.61K | 0.00 | 2.80K |
Gilead Sciences Inc.SOLE | COM | 832.63K | SH | $105.19M 1.64% | 830.20K | 0.00 | 2.43K |
U.S. BancorpSOLE | COM | 1.73M | SH | $104.79M 1.64% | 1.73M | 0.00 | 4.94K |
American Water Works Co. Inc.SOLE | COM | 780.31K | SH | $102.67M 1.60% | 777.96K | 0.00 | 2.35K |
Cisco Systems Inc.SOLE | COM | 841.79K | SH | $98.88M 1.54% | 839.36K | 0.00 | 2.42K |
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