Filed: 11/5/2024ACC: 0001636661-24-000011
📋 What this filing means
CONFLUENCE INVESTMENT MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 294 equity positions with a total reported market value of $7.07B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
294
Positions
$7.07B
Total AUM (reported)
100.27M
Total Shares
Allocation by class
COM$7.07B100.0%
MFUND$19.9K0.0%
Portfolio Concentration
Top 3$526.86M7.4%
4–10$1.09B15.4%
11–25$1.76B24.9%
Rest$3.70B52.2%
Top 3 weight
7.4%
Top 10 weight
22.8%
Voting Authority Distribution
Total shares with voting rights: 100.27M
Sole
Full voting authority
94.04M
shares
% of voting shares93.8%
Shared
Joint voting authority
4.81M
shares
% of voting shares4.8%
None
No voting authority
1.43M
shares
% of voting shares1.4%
Investment Discretion (by position count)
Sole293
Shared0
Other1
Dominant voting typeSole · 93.8% of voting shares
Institutional Holdings294
Rows:
Progressive Corp.
SOLEShares1.15M
TypeSH
Market value$183.11M
2.59%
Sole
1.15M
Shared
0.00
None
4K
Snap-on Inc.
SOLEShares604.71K
TypeSH
Market value$174.67M
2.47%
Sole
602.67K
Shared
0.00
None
2.04K
Fastenal Co.
SOLEShares2.61M
TypeSH
Market value$169.08M
2.39%
Sole
2.60M
Shared
0.00
None
7.10K
Microsoft Corp.
SOLEShares435.99K
TypeSH
Market value$163.95M
2.32%
Sole
434.62K
Shared
0.00
None
1.37K
PepsiCo Inc.
SOLEShares961.11K
TypeSH
Market value$163.23M
2.31%
Sole
958.25K
Shared
0.00
None
2.86K
Linde plc
SOLEShares390.98K
TypeSH
Market value$160.58M
2.27%
Sole
389.64K
Shared
0.00
None
1.34K
Broadridge Financial Solutions
SOLEShares748.52K
TypeSH
Market value$154.01M
2.18%
Sole
745.90K
Shared
0.00
None
2.62K
Lockheed Martin Corp.
SOLEShares338.18K
TypeSH
Market value$153.28M
2.17%
Sole
337.04K
Shared
0.00
None
1.14K
Chubb Ltd.
SOLEShares660.39K
TypeSH
Market value$149.25M
2.11%
Sole
657.98K
Shared
0.00
None
2.41K
Paychex Inc.
SOLEShares1.22M
TypeSH
Market value$144.88M
2.05%
Sole
1.21M
Shared
0.00
None
4.08K
Analog Devices Inc.
SOLEShares714.15K
TypeSH
Market value$141.80M
2.00%
Sole
711.69K
Shared
0.00
None
2.45K
Home Depot Inc.
SOLEShares401.21K
TypeSH
Market value$139.04M
1.97%
Sole
399.84K
Shared
0.00
None
1.37K
Fidelity National Financial In
SOLEShares2.62M
TypeSH
Market value$133.80M
1.89%
Sole
2.61M
Shared
0.00
None
9.32K
Clorox Co.
SOLEShares899.11K
TypeSH
Market value$128.20M
1.81%
Sole
896K
Shared
0.00
None
3.11K
Southern Co.
SOLEShares1.82M
TypeSH
Market value$127.39M
1.80%
Sole
1.81M
Shared
0.00
None
6.17K
Nestle S.A.
SOLEShares1.05M
TypeSH
Market value$121.85M
1.72%
Sole
1.05M
Shared
0.00
None
3.67K
Diageo plc
SOLEShares836.44K
TypeSH
Market value$121.84M
1.72%
Sole
833.75K
Shared
0.00
None
2.69K
Chevron Corp.
SOLEShares792.35K
TypeSH
Market value$118.19M
1.67%
Sole
789.46K
Shared
0.00
None
2.88K
Colgate-Palmolive Co.
SOLEShares1.48M
TypeSH
Market value$117.62M
1.66%
Sole
1.47M
Shared
0.00
None
5.18K
T. Rowe Price Group Inc.
SOLEShares1.02M
TypeSH
Market value$110.14M
1.56%
Sole
1.02M
Shared
0.00
None
3.79K
Gilead Sciences Inc.
SOLEShares1.27M
TypeSH
Market value$102.64M
1.45%
Sole
1.26M
Shared
0.00
None
4.74K
Polaris Inc.
SOLEShares1.07M
TypeSH
Market value$101.84M
1.44%
Sole
1.07M
Shared
0.00
None
3.84K
Digital Realty Trust Inc.
SOLEShares740.99K
TypeSH
Market value$99.72M
1.41%
Sole
738.31K
Shared
0.00
None
2.67K
iShares 0-3 Month Treasury Bon
SOLEShares992.12K
TypeSH
Market value$99.48M
1.41%
Sole
989.15K
Shared
0.00
None
2.97K
Northern Trust Corp.
SOLEShares1.17M
TypeSH
Market value$98.63M
1.39%
Sole
1.16M
Shared
0.00
None
4.13K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Progressive Corp.SOLE | COM | 1.15M | SH | $183.11M 2.59% | 1.15M | 0.00 | 4K |
Snap-on Inc.SOLE | COM | 604.71K | SH | $174.67M 2.47% | 602.67K | 0.00 | 2.04K |
Fastenal Co.SOLE | COM | 2.61M | SH | $169.08M 2.39% | 2.60M | 0.00 | 7.10K |
Microsoft Corp.SOLE | COM | 435.99K | SH | $163.95M 2.32% | 434.62K | 0.00 | 1.37K |
PepsiCo Inc.SOLE | COM | 961.11K | SH | $163.23M 2.31% | 958.25K | 0.00 | 2.86K |
Linde plcSOLE | COM | 390.98K | SH | $160.58M 2.27% | 389.64K | 0.00 | 1.34K |
Broadridge Financial SolutionsSOLE | COM | 748.52K | SH | $154.01M 2.18% | 745.90K | 0.00 | 2.62K |
Lockheed Martin Corp.SOLE | COM | 338.18K | SH | $153.28M 2.17% | 337.04K | 0.00 | 1.14K |
Chubb Ltd.SOLE | COM | 660.39K | SH | $149.25M 2.11% | 657.98K | 0.00 | 2.41K |
Paychex Inc.SOLE | COM | 1.22M | SH | $144.88M 2.05% | 1.21M | 0.00 | 4.08K |
Analog Devices Inc.SOLE | COM | 714.15K | SH | $141.80M 2.00% | 711.69K | 0.00 | 2.45K |
Home Depot Inc.SOLE | COM | 401.21K | SH | $139.04M 1.97% | 399.84K | 0.00 | 1.37K |
Fidelity National Financial InSOLE | COM | 2.62M | SH | $133.80M 1.89% | 2.61M | 0.00 | 9.32K |
Clorox Co.SOLE | COM | 899.11K | SH | $128.20M 1.81% | 896K | 0.00 | 3.11K |
Southern Co.SOLE | COM | 1.82M | SH | $127.39M 1.80% | 1.81M | 0.00 | 6.17K |
Nestle S.A.SOLE | COM | 1.05M | SH | $121.85M 1.72% | 1.05M | 0.00 | 3.67K |
Diageo plcSOLE | COM | 836.44K | SH | $121.84M 1.72% | 833.75K | 0.00 | 2.69K |
Chevron Corp.SOLE | COM | 792.35K | SH | $118.19M 1.67% | 789.46K | 0.00 | 2.88K |
Colgate-Palmolive Co.SOLE | COM | 1.48M | SH | $117.62M 1.66% | 1.47M | 0.00 | 5.18K |
T. Rowe Price Group Inc.SOLE | COM | 1.02M | SH | $110.14M 1.56% | 1.02M | 0.00 | 3.79K |
Gilead Sciences Inc.SOLE | COM | 1.27M | SH | $102.64M 1.45% | 1.26M | 0.00 | 4.74K |
Polaris Inc.SOLE | COM | 1.07M | SH | $101.84M 1.44% | 1.07M | 0.00 | 3.84K |
Digital Realty Trust Inc.SOLE | COM | 740.99K | SH | $99.72M 1.41% | 738.31K | 0.00 | 2.67K |
iShares 0-3 Month Treasury BonSOLE | COM | 992.12K | SH | $99.48M 1.41% | 989.15K | 0.00 | 2.97K |
Northern Trust Corp.SOLE | COM | 1.17M | SH | $98.63M 1.39% | 1.16M | 0.00 | 4.13K |
Page 1 of 12
…