Filed: 10/31/2024ACC: 0001636661-24-000010
📋 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 $7.48B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
298
Positions
$7.48B
Total AUM (reported)
93.98M
Total Shares
Allocation by class
COM$7.48B100.0%
Portfolio Concentration
Top 3$582.10M7.8%
4–10$1.09B14.6%
11–25$1.89B25.3%
Rest$3.91B52.3%
Top 3 weight
7.8%
Top 10 weight
22.4%
Voting Authority Distribution
Total shares with voting rights: 93.98M
Sole
Full voting authority
88.08M
shares
% of voting shares93.7%
Shared
Joint voting authority
4.42M
shares
% of voting shares4.7%
None
No voting authority
1.48M
shares
% of voting shares1.6%
Investment Discretion (by position count)
Sole296
Shared0
Other2
Dominant voting typeSole · 93.7% of voting shares
Institutional Holdings298
Rows:
Progressive Corp.
SOLEShares901.26K
TypeSH
Market value$228.70M
3.06%
Sole
897.93K
Shared
0.00
None
3.33K
Lockheed Martin Corp.
SOLEShares312.66K
TypeSH
Market value$182.77M
2.44%
Sole
311.51K
Shared
0.00
None
1.16K
Diageo plc
SOLEShares1.22M
TypeSH
Market value$170.62M
2.28%
Sole
1.21M
Shared
0.00
None
4.10K
Chubb Ltd.
SOLEShares587.39K
TypeSH
Market value$169.40M
2.26%
Sole
585K
Shared
0.00
None
2.39K
Linde plc
SOLEShares338.04K
TypeSH
Market value$161.20M
2.15%
Sole
336.68K
Shared
0.00
None
1.36K
Snap-on Inc.
SOLEShares544.91K
TypeSH
Market value$157.87M
2.11%
Sole
542.90K
Shared
0.00
None
2.01K
PepsiCo Inc.
SOLEShares904.85K
TypeSH
Market value$153.87M
2.06%
Sole
901.99K
Shared
0.00
None
2.86K
Southern Co.
SOLEShares1.67M
TypeSH
Market value$150.84M
2.02%
Sole
1.67M
Shared
0.00
None
6.17K
Paychex Inc.
SOLEShares1.12M
TypeSH
Market value$150.36M
2.01%
Sole
1.12M
Shared
0.00
None
4.09K
Home Depot Inc.
SOLEShares370.18K
TypeSH
Market value$150.00M
2.00%
Sole
368.81K
Shared
0.00
None
1.37K
Analog Devices Inc.
SOLEShares651.45K
TypeSH
Market value$149.94M
2.00%
Sole
649K
Shared
0.00
None
2.45K
WEC Energy Group Inc.
SOLEShares1.51M
TypeSH
Market value$145.27M
1.94%
Sole
1.50M
Shared
0.00
None
5.74K
Fidelity National Financial In
SOLEShares2.33M
TypeSH
Market value$144.76M
1.93%
Sole
2.32M
Shared
0.00
None
9.23K
Clorox Co.
SOLEShares871.24K
TypeSH
Market value$141.93M
1.90%
Sole
867.98K
Shared
0.00
None
3.26K
Colgate-Palmolive Co.
SOLEShares1.35M
TypeSH
Market value$140.44M
1.88%
Sole
1.35M
Shared
0.00
None
5.19K
Broadridge Financial Solutions
SOLEShares642.39K
TypeSH
Market value$138.13M
1.85%
Sole
639.84K
Shared
0.00
None
2.55K
Microsoft Corp.
SOLEShares319.22K
TypeSH
Market value$137.36M
1.84%
Sole
318.04K
Shared
0.00
None
1.19K
Hershey Co.
SOLEShares711.08K
TypeSH
Market value$136.37M
1.82%
Sole
708.37K
Shared
0.00
None
2.71K
Fastenal Co.
SOLEShares1.72M
TypeSH
Market value$122.57M
1.64%
Sole
1.71M
Shared
0.00
None
5.74K
Chevron Corp.
SOLEShares747.90K
TypeSH
Market value$110.14M
1.47%
Sole
745.01K
Shared
0.00
None
2.89K
iShares 0-3 Month Treasury Bon
SOLEShares1.08M
TypeSH
Market value$108.82M
1.45%
Sole
1.08M
Shared
0.00
None
3.31K
Entergy Corp.
SOLEShares819.91K
TypeSH
Market value$107.91M
1.44%
Sole
816.71K
Shared
0.00
None
3.19K
T. Rowe Price Group Inc.
SOLEShares983.99K
TypeSH
Market value$107.19M
1.43%
Sole
980.18K
Shared
0.00
None
3.81K
Northern Trust Corp.
SOLEShares1.15M
TypeSH
Market value$103.48M
1.38%
Sole
1.15M
Shared
0.00
None
4.19K
Gilead Sciences Inc.
SOLEShares1.19M
TypeSH
Market value$99.85M
1.33%
Sole
1.19M
Shared
0.00
None
4.73K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Progressive Corp.SOLE | COM | 901.26K | SH | $228.70M 3.06% | 897.93K | 0.00 | 3.33K |
Lockheed Martin Corp.SOLE | COM | 312.66K | SH | $182.77M 2.44% | 311.51K | 0.00 | 1.16K |
Diageo plcSOLE | COM | 1.22M | SH | $170.62M 2.28% | 1.21M | 0.00 | 4.10K |
Chubb Ltd.SOLE | COM | 587.39K | SH | $169.40M 2.26% | 585K | 0.00 | 2.39K |
Linde plcSOLE | COM | 338.04K | SH | $161.20M 2.15% | 336.68K | 0.00 | 1.36K |
Snap-on Inc.SOLE | COM | 544.91K | SH | $157.87M 2.11% | 542.90K | 0.00 | 2.01K |
PepsiCo Inc.SOLE | COM | 904.85K | SH | $153.87M 2.06% | 901.99K | 0.00 | 2.86K |
Southern Co.SOLE | COM | 1.67M | SH | $150.84M 2.02% | 1.67M | 0.00 | 6.17K |
Paychex Inc.SOLE | COM | 1.12M | SH | $150.36M 2.01% | 1.12M | 0.00 | 4.09K |
Home Depot Inc.SOLE | COM | 370.18K | SH | $150.00M 2.00% | 368.81K | 0.00 | 1.37K |
Analog Devices Inc.SOLE | COM | 651.45K | SH | $149.94M 2.00% | 649K | 0.00 | 2.45K |
WEC Energy Group Inc.SOLE | COM | 1.51M | SH | $145.27M 1.94% | 1.50M | 0.00 | 5.74K |
Fidelity National Financial InSOLE | COM | 2.33M | SH | $144.76M 1.93% | 2.32M | 0.00 | 9.23K |
Clorox Co.SOLE | COM | 871.24K | SH | $141.93M 1.90% | 867.98K | 0.00 | 3.26K |
Colgate-Palmolive Co.SOLE | COM | 1.35M | SH | $140.44M 1.88% | 1.35M | 0.00 | 5.19K |
Broadridge Financial SolutionsSOLE | COM | 642.39K | SH | $138.13M 1.85% | 639.84K | 0.00 | 2.55K |
Microsoft Corp.SOLE | COM | 319.22K | SH | $137.36M 1.84% | 318.04K | 0.00 | 1.19K |
Hershey Co.SOLE | COM | 711.08K | SH | $136.37M 1.82% | 708.37K | 0.00 | 2.71K |
Fastenal Co.SOLE | COM | 1.72M | SH | $122.57M 1.64% | 1.71M | 0.00 | 5.74K |
Chevron Corp.SOLE | COM | 747.90K | SH | $110.14M 1.47% | 745.01K | 0.00 | 2.89K |
iShares 0-3 Month Treasury BonSOLE | COM | 1.08M | SH | $108.82M 1.45% | 1.08M | 0.00 | 3.31K |
Entergy Corp.SOLE | COM | 819.91K | SH | $107.91M 1.44% | 816.71K | 0.00 | 3.19K |
T. Rowe Price Group Inc.SOLE | COM | 983.99K | SH | $107.19M 1.43% | 980.18K | 0.00 | 3.81K |
Northern Trust Corp.SOLE | COM | 1.15M | SH | $103.48M 1.38% | 1.15M | 0.00 | 4.19K |
Gilead Sciences Inc.SOLE | COM | 1.19M | SH | $99.85M 1.33% | 1.19M | 0.00 | 4.73K |
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