Filed: 4/1/2025ACC: 0001636661-25-000004
📋 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 $6.94B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
294
Positions
$6.94B
Total AUM (reported)
89.50M
Total Shares
Allocation by class
COM$6.94B100.0%
MFUND$42.2K0.0%
Portfolio Concentration
Top 3$536.03M7.7%
4–10$1.07B15.4%
11–25$1.83B26.3%
Rest$3.51B50.5%
Top 3 weight
7.7%
Top 10 weight
23.2%
Voting Authority Distribution
Total shares with voting rights: 89.50M
Sole
Full voting authority
83.91M
shares
% of voting shares93.8%
Shared
Joint voting authority
4.16M
shares
% of voting shares4.6%
None
No voting authority
1.43M
shares
% of voting shares1.6%
Investment Discretion (by position count)
Sole292
Shared0
Other2
Dominant voting typeSole · 93.8% of voting shares
Institutional Holdings294
Rows:
iShares 0-3 Month Treasury Bon
SOLEShares1.94M
TypeSH
Market value$195.65M
2.82%
Sole
1.94M
Shared
0.00
None
6.89K
Snap-on Inc.
SOLEShares509.86K
TypeSH
Market value$171.83M
2.47%
Sole
508.28K
Shared
0.00
None
1.58K
Chubb Ltd.
SOLEShares558.13K
TypeSH
Market value$168.55M
2.43%
Sole
556.19K
Shared
0.00
None
1.94K
Paychex Inc.
SOLEShares1.07M
TypeSH
Market value$164.38M
2.37%
Sole
1.06M
Shared
0.00
None
3.36K
Progressive Corp.
SOLEShares568.04K
TypeSH
Market value$160.76M
2.31%
Sole
566.34K
Shared
0.00
None
1.70K
WEC Energy Group Inc.
SOLEShares1.44M
TypeSH
Market value$157.41M
2.27%
Sole
1.44M
Shared
0.00
None
4.64K
Linde plc
SOLEShares322.45K
TypeSH
Market value$150.15M
2.16%
Sole
321.34K
Shared
0.00
None
1.11K
Broadridge Financial Solutions
SOLEShares609.74K
TypeSH
Market value$147.84M
2.13%
Sole
607.64K
Shared
0.00
None
2.10K
Southern Co.
SOLEShares1.60M
TypeSH
Market value$147.46M
2.12%
Sole
1.60M
Shared
0.00
None
5K
Fidelity National Financial In
SOLEShares2.21M
TypeSH
Market value$143.70M
2.07%
Sole
2.20M
Shared
0.00
None
7.44K
Lockheed Martin Corp.
SOLEShares302.45K
TypeSH
Market value$135.11M
1.95%
Sole
301.50K
Shared
0.00
None
946.00
PepsiCo Inc.
SOLEShares896.25K
TypeSH
Market value$134.38M
1.94%
Sole
893.85K
Shared
0.00
None
2.40K
Home Depot Inc.
SOLEShares353.68K
TypeSH
Market value$129.62M
1.87%
Sole
352.58K
Shared
0.00
None
1.10K
Fastenal Co.
SOLEShares1.66M
TypeSH
Market value$128.77M
1.85%
Sole
1.66M
Shared
0.00
None
4.68K
Analog Devices Inc.
SOLEShares629.62K
TypeSH
Market value$126.98M
1.83%
Sole
627.66K
Shared
0.00
None
1.97K
Diageo plc
SOLEShares1.18M
TypeSH
Market value$124.17M
1.79%
Sole
1.18M
Shared
0.00
None
3.48K
Clorox Co.
SOLEShares840.75K
TypeSH
Market value$123.80M
1.78%
Sole
838.12K
Shared
0.00
None
2.62K
Colgate-Palmolive Co.
SOLEShares1.32M
TypeSH
Market value$123.79M
1.78%
Sole
1.32M
Shared
0.00
None
4.27K
Chevron Corp.
SOLEShares734.33K
TypeSH
Market value$122.85M
1.77%
Sole
731.96K
Shared
0.00
None
2.37K
Hershey Co.
SOLEShares699.43K
TypeSH
Market value$119.62M
1.72%
Sole
697.19K
Shared
0.00
None
2.23K
Entergy Corp.
SOLEShares1.39M
TypeSH
Market value$118.86M
1.71%
Sole
1.39M
Shared
0.00
None
4.48K
Kinder Morgan Inc.
SOLEShares3.88M
TypeSH
Market value$110.72M
1.59%
Sole
3.87M
Shared
0.00
None
12.62K
Gilead Sciences Inc.
SOLEShares979.98K
TypeSH
Market value$109.81M
1.58%
Sole
976.78K
Shared
0.00
None
3.19K
Northern Trust Corp.
SOLEShares1.11M
TypeSH
Market value$109.67M
1.58%
Sole
1.11M
Shared
0.00
None
3.47K
Cisco Systems Inc.
SOLEShares1.76M
TypeSH
Market value$108.44M
1.56%
Sole
1.75M
Shared
0.00
None
5.57K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
iShares 0-3 Month Treasury BonSOLE | COM | 1.94M | SH | $195.65M 2.82% | 1.94M | 0.00 | 6.89K |
Snap-on Inc.SOLE | COM | 509.86K | SH | $171.83M 2.47% | 508.28K | 0.00 | 1.58K |
Chubb Ltd.SOLE | COM | 558.13K | SH | $168.55M 2.43% | 556.19K | 0.00 | 1.94K |
Paychex Inc.SOLE | COM | 1.07M | SH | $164.38M 2.37% | 1.06M | 0.00 | 3.36K |
Progressive Corp.SOLE | COM | 568.04K | SH | $160.76M 2.31% | 566.34K | 0.00 | 1.70K |
WEC Energy Group Inc.SOLE | COM | 1.44M | SH | $157.41M 2.27% | 1.44M | 0.00 | 4.64K |
Linde plcSOLE | COM | 322.45K | SH | $150.15M 2.16% | 321.34K | 0.00 | 1.11K |
Broadridge Financial SolutionsSOLE | COM | 609.74K | SH | $147.84M 2.13% | 607.64K | 0.00 | 2.10K |
Southern Co.SOLE | COM | 1.60M | SH | $147.46M 2.12% | 1.60M | 0.00 | 5K |
Fidelity National Financial InSOLE | COM | 2.21M | SH | $143.70M 2.07% | 2.20M | 0.00 | 7.44K |
Lockheed Martin Corp.SOLE | COM | 302.45K | SH | $135.11M 1.95% | 301.50K | 0.00 | 946.00 |
PepsiCo Inc.SOLE | COM | 896.25K | SH | $134.38M 1.94% | 893.85K | 0.00 | 2.40K |
Home Depot Inc.SOLE | COM | 353.68K | SH | $129.62M 1.87% | 352.58K | 0.00 | 1.10K |
Fastenal Co.SOLE | COM | 1.66M | SH | $128.77M 1.85% | 1.66M | 0.00 | 4.68K |
Analog Devices Inc.SOLE | COM | 629.62K | SH | $126.98M 1.83% | 627.66K | 0.00 | 1.97K |
Diageo plcSOLE | COM | 1.18M | SH | $124.17M 1.79% | 1.18M | 0.00 | 3.48K |
Clorox Co.SOLE | COM | 840.75K | SH | $123.80M 1.78% | 838.12K | 0.00 | 2.62K |
Colgate-Palmolive Co.SOLE | COM | 1.32M | SH | $123.79M 1.78% | 1.32M | 0.00 | 4.27K |
Chevron Corp.SOLE | COM | 734.33K | SH | $122.85M 1.77% | 731.96K | 0.00 | 2.37K |
Hershey Co.SOLE | COM | 699.43K | SH | $119.62M 1.72% | 697.19K | 0.00 | 2.23K |
Entergy Corp.SOLE | COM | 1.39M | SH | $118.86M 1.71% | 1.39M | 0.00 | 4.48K |
Kinder Morgan Inc.SOLE | COM | 3.88M | SH | $110.72M 1.59% | 3.87M | 0.00 | 12.62K |
Gilead Sciences Inc.SOLE | COM | 979.98K | SH | $109.81M 1.58% | 976.78K | 0.00 | 3.19K |
Northern Trust Corp.SOLE | COM | 1.11M | SH | $109.67M 1.58% | 1.11M | 0.00 | 3.47K |
Cisco Systems Inc.SOLE | COM | 1.76M | SH | $108.44M 1.56% | 1.75M | 0.00 | 5.57K |
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