Filed: 10/3/2022ACC: 0001636661-22-000012
📋 What this filing means
CONFLUENCE INVESTMENT MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 298 equity positions with a total reported market value of $5.99M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
298
Positions
$5.99M
Total AUM (reported)
107.50M
Total Shares
Allocation by class
COM$5.99M100.0%
Portfolio Concentration
Top 3$473.9K7.9%
4–10$913.4K15.2%
11–25$1.53M25.6%
Rest$3.07M51.3%
Top 3 weight
7.9%
Top 10 weight
23.1%
Voting Authority Distribution
Total shares with voting rights: 107.50M
Sole
Full voting authority
101.21M
shares
% of voting shares94.2%
Shared
Joint voting authority
5.31M
shares
% of voting shares4.9%
None
No voting authority
973.82K
shares
% of voting shares0.9%
Investment Discretion (by position count)
Sole296
Shared0
Other2
Dominant voting typeSole · 94.2% of voting shares
Institutional Holdings298
Rows:
PepsiCo Inc.
SOLEShares1.04M
TypeSH
Market value$169.6K
2.83%
Sole
1.03M
Shared
0.00
None
5.96K
Progressive Corp.
SOLEShares1.33M
TypeSH
Market value$155.1K
2.59%
Sole
1.33M
Shared
0.00
None
8.71K
Diageo plc
SOLEShares878.97K
TypeSH
Market value$149.3K
2.49%
Sole
873.40K
Shared
0.00
None
5.58K
Paychex Inc.
SOLEShares1.28M
TypeSH
Market value$144.0K
2.40%
Sole
1.27M
Shared
0.00
None
8.21K
Snap-on Inc.
SOLEShares661.09K
TypeSH
Market value$133.1K
2.22%
Sole
656.89K
Shared
0.00
None
4.19K
Lockheed Martin Corp.
SOLEShares340.33K
TypeSH
Market value$131.5K
2.19%
Sole
337.96K
Shared
0.00
None
2.38K
Fastenal Co.
SOLEShares2.80M
TypeSH
Market value$128.9K
2.15%
Sole
2.78M
Shared
0.00
None
15.63K
Chubb Ltd.
SOLEShares702.61K
TypeSH
Market value$127.8K
2.13%
Sole
697.47K
Shared
0.00
None
5.14K
Southern Co.
SOLEShares1.86M
TypeSH
Market value$126.7K
2.11%
Sole
1.85M
Shared
0.00
None
12.72K
Microsoft Corp.
SOLEShares521.49K
TypeSH
Market value$121.5K
2.03%
Sole
518.03K
Shared
0.00
None
3.46K
Chevron Corp.
SOLEShares822.46K
TypeSH
Market value$118.2K
1.97%
Sole
817.24K
Shared
0.00
None
5.22K
Broadridge Financial Solutions
SOLEShares809.76K
TypeSH
Market value$116.9K
1.95%
Sole
804.41K
Shared
0.00
None
5.35K
Linde plc
SOLEShares433K
TypeSH
Market value$116.7K
1.95%
Sole
430.24K
Shared
0.00
None
2.77K
Nestle S.A.
SOLEShares1.08M
TypeSH
Market value$116.1K
1.94%
Sole
1.07M
Shared
0.00
None
7.18K
Home Depot Inc.
SOLEShares411.59K
TypeSH
Market value$113.6K
1.89%
Sole
408.94K
Shared
0.00
None
2.65K
Brookfield Infrastructure Corp
SOLEShares2.60M
TypeSH
Market value$106.0K
1.77%
Sole
2.59M
Shared
0.00
None
17.99K
Polaris Inc.
SOLEShares1.10M
TypeSH
Market value$105.5K
1.76%
Sole
1.09M
Shared
0.00
None
8.01K
Colgate-Palmolive Co.
SOLEShares1.47M
TypeSH
Market value$103.4K
1.73%
Sole
1.46M
Shared
0.00
None
10.67K
Analog Devices Inc.
SOLEShares712.13K
TypeSH
Market value$99.2K
1.66%
Sole
707.30K
Shared
0.00
None
4.82K
Northern Trust Corp.
SOLEShares1.13M
TypeSH
Market value$97.0K
1.62%
Sole
1.13M
Shared
0.00
None
7.69K
Kinder Morgan Inc.
SOLEShares5.40M
TypeSH
Market value$89.8K
1.50%
Sole
5.36M
Shared
0.00
None
33.44K
Fidelity National Financial In
SOLEShares2.47M
TypeSH
Market value$89.5K
1.49%
Sole
2.45M
Shared
0.00
None
19.47K
Entergy Corp.
SOLEShares888.03K
TypeSH
Market value$89.4K
1.49%
Sole
881.26K
Shared
0.00
None
6.76K
Rayonier Inc.
SOLEShares2.96M
TypeSH
Market value$88.6K
1.48%
Sole
2.91M
Shared
27.55K
None
20.12K
SL Green Realty Corp.
SOLEShares2.09M
TypeSH
Market value$84.0K
1.40%
Sole
2.08M
Shared
0.00
None
15.29K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PepsiCo Inc.SOLE | COM | 1.04M | SH | $169.6K 2.83% | 1.03M | 0.00 | 5.96K |
Progressive Corp.SOLE | COM | 1.33M | SH | $155.1K 2.59% | 1.33M | 0.00 | 8.71K |
Diageo plcSOLE | COM | 878.97K | SH | $149.3K 2.49% | 873.40K | 0.00 | 5.58K |
Paychex Inc.SOLE | COM | 1.28M | SH | $144.0K 2.40% | 1.27M | 0.00 | 8.21K |
Snap-on Inc.SOLE | COM | 661.09K | SH | $133.1K 2.22% | 656.89K | 0.00 | 4.19K |
Lockheed Martin Corp.SOLE | COM | 340.33K | SH | $131.5K 2.19% | 337.96K | 0.00 | 2.38K |
Fastenal Co.SOLE | COM | 2.80M | SH | $128.9K 2.15% | 2.78M | 0.00 | 15.63K |
Chubb Ltd.SOLE | COM | 702.61K | SH | $127.8K 2.13% | 697.47K | 0.00 | 5.14K |
Southern Co.SOLE | COM | 1.86M | SH | $126.7K 2.11% | 1.85M | 0.00 | 12.72K |
Microsoft Corp.SOLE | COM | 521.49K | SH | $121.5K 2.03% | 518.03K | 0.00 | 3.46K |
Chevron Corp.SOLE | COM | 822.46K | SH | $118.2K 1.97% | 817.24K | 0.00 | 5.22K |
Broadridge Financial SolutionsSOLE | COM | 809.76K | SH | $116.9K 1.95% | 804.41K | 0.00 | 5.35K |
Linde plcSOLE | COM | 433K | SH | $116.7K 1.95% | 430.24K | 0.00 | 2.77K |
Nestle S.A.SOLE | COM | 1.08M | SH | $116.1K 1.94% | 1.07M | 0.00 | 7.18K |
Home Depot Inc.SOLE | COM | 411.59K | SH | $113.6K 1.89% | 408.94K | 0.00 | 2.65K |
Brookfield Infrastructure CorpSOLE | COM | 2.60M | SH | $106.0K 1.77% | 2.59M | 0.00 | 17.99K |
Polaris Inc.SOLE | COM | 1.10M | SH | $105.5K 1.76% | 1.09M | 0.00 | 8.01K |
Colgate-Palmolive Co.SOLE | COM | 1.47M | SH | $103.4K 1.73% | 1.46M | 0.00 | 10.67K |
Analog Devices Inc.SOLE | COM | 712.13K | SH | $99.2K 1.66% | 707.30K | 0.00 | 4.82K |
Northern Trust Corp.SOLE | COM | 1.13M | SH | $97.0K 1.62% | 1.13M | 0.00 | 7.69K |
Kinder Morgan Inc.SOLE | COM | 5.40M | SH | $89.8K 1.50% | 5.36M | 0.00 | 33.44K |
Fidelity National Financial InSOLE | COM | 2.47M | SH | $89.5K 1.49% | 2.45M | 0.00 | 19.47K |
Entergy Corp.SOLE | COM | 888.03K | SH | $89.4K 1.49% | 881.26K | 0.00 | 6.76K |
Rayonier Inc.SOLE | COM | 2.96M | SH | $88.6K 1.48% | 2.91M | 27.55K | 20.12K |
SL Green Realty Corp.SOLE | COM | 2.09M | SH | $84.0K 1.40% | 2.08M | 0.00 | 15.29K |
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