Confluence Investment Management LLC Top Holdings and 13F Report (2025) About Confluence Investment Management LLCInvestment ActivityConfluence Investment Management LLC has $7.21 billion in total holdings as of December 31, 2024.Confluence Investment Management LLC owns shares of 302 different stocks, but just 59 companies or ETFs make up 80% of its holdings.Approximately 5.70% of the portfolio was purchased this quarter.About 5.10% of the portfolio was sold this quarter.This quarter, Confluence Investment Management LLC has purchased 301 new stocks and bought additional shares in 123 stocks.Confluence Investment Management LLC sold shares of 133 stocks and completely divested from 17 stocks this quarter.Largest Holdings Progressive $208,325,104Snap-on $180,075,620Chubb $159,115,450Paychex $154,558,088Lockheed Martin $149,715,786 Largest New Holdings this Quarter Brookfield Infrastructure Corp $89,180,683 HoldingPIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund $14,155,002 HoldingValvoline $9,095,326 HoldingiShares Russell 1000 Value ETF $5,253,064 HoldingVanEck Long Muni ETF $3,682,171 Holding Largest Purchases this Quarter Brookfield Infrastructure Corp 2,228,960 shares (about $89.18M)Entergy 787,367 shares (about $59.70M)Brown & Brown 509,856 shares (about $52.02M)American Water Works 391,166 shares (about $48.70M)iShares 0-3 Month Treasury Bond ETF 341,614 shares (about $34.27M) Largest Sales this Quarter Progressive 31,826 shares (about $7.63M)Diageo 39,320 shares (about $5.00M)Hershey 29,046 shares (about $4.92M)Snap-on 14,465 shares (about $4.91M)DOW 103,366 shares (about $4.15M) Sector Allocation Over TimeMap of 500 Largest Holdings ofConfluence Investment Management LLC Selling Neutral Buying Latest 13F Holdings and Changes Since Previous Quarterly FilingIssuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSectorPGRProgressive$208,325,104$7,625,829 ▼-3.5%869,4342.9%FinanceSNASnap-on$180,075,620$4,910,582 ▼-2.7%530,4452.5%Consumer DiscretionaryCBChubb$159,115,450$3,180,215 ▼-2.0%575,8792.2%FinancePAYXPaychex$154,558,088$2,562,381 ▼-1.6%1,102,2542.1%Business ServicesLMTLockheed Martin$149,715,786$2,219,289 ▼-1.5%308,0952.1%AerospaceDEODiageo$149,564,095$4,998,751 ▼-3.2%1,176,4662.1%Consumer StaplesBRBroadridge Financial Solutions$142,937,767$2,300,240 ▼-1.6%632,2162.0%Business ServicesSGOViShares 0-3 Month Treasury Bond ETF$142,663,212$34,270,728 ▲31.6%1,422,0812.0%ETFHDHome Depot$141,442,548$2,552,940 ▼-1.8%363,6152.0%Retail/WholesaleWECWEC Energy Group$140,119,033$1,917,287 ▼-1.3%1,489,9941.9%UtilitiesCLXClorox$139,735,769$1,761,499 ▼-1.2%860,3891.9%Consumer StaplesLinde plc$139,501,651$2,024,269 ▼-1.4%333,2021.9%COMADIAnalog Devices$136,821,393$1,584,738 ▼-1.1%643,9871.9%Computer and TechnologyPEPPepsiCo$136,423,678$1,168,277 ▼-0.8%897,1701.9%Consumer StaplesSOSouthern$135,699,387$1,993,049 ▼-1.4%1,648,4381.9%UtilitiesMSFTMicrosoft$132,959,384$1,592,007 ▼-1.2%315,4431.8%Computer and TechnologyFNFFidelity National Financial$128,113,694$2,836,530 ▼-2.2%2,282,0391.8%FinanceFASTFastenal$122,150,872$1,255,908 ▼-1.0%1,698,6631.7%Retail/WholesaleCLColgate-Palmolive$121,905,425$1,084,375 ▼-0.9%1,340,9461.7%Consumer StaplesETREntergy$121,863,435$59,698,164 ▲96.0%1,607,2731.7%UtilitiesKMIKinder Morgan$120,311,870$2,565,051 ▼-2.1%4,390,9441.7%Oils/EnergyNTRSNorthern Trust$116,855,962$957,248 ▼-0.8%1,140,0581.6%FinanceHSYHershey$115,501,619$4,918,940 ▼-4.1%682,0291.6%Consumer StaplesTROWT. Rowe Price Group$111,565,676$286,344 ▲0.3%986,5211.5%FinanceGILDGilead Sciences$108,706,412$1,305,743 ▼-1.2%1,176,8581.5%MedicalCVXChevron$107,888,219$437,561 ▼-0.4%744,8791.5%Oils/EnergyCSCOCisco Systems$106,737,643$972,005 ▼-0.9%1,803,0011.5%Computer and TechnologyMAMastercard$94,281,845$3,055,686 ▼-3.1%179,0491.3%Business ServicesUSBU.S. Bancorp$93,719,422$475,717 ▼-0.5%1,959,4281.3%FinanceORCLOracle$91,701,875$4,000,029 ▼-4.2%550,2991.3%Computer and TechnologyBrookfield Infrastructure Corp$89,180,683$89,180,683 ▲New Holding2,228,9601.2%COMSYKStryker$88,364,629$2,318,004 ▼-2.6%245,4231.2%MedicalSPMBSPDR Portfolio Mortgage Backed Bond ETF$84,623,552$24,889,151 ▲41.7%3,926,8471.2%ETFARCCAres Capital$83,471,407$511,175 ▼-0.6%3,813,2211.2%FinanceWRBW. R. Berkley$78,207,629$1,572,373 ▼-2.0%1,336,4261.1%FinanceTJXTJX Companies$77,366,037$1,272,613 ▼-1.6%640,3941.1%Retail/WholesaleSPGIS&P Global$76,217,868$1,230,132 ▼-1.6%153,0391.1%Business ServicesUPSUnited Parcel Service$75,971,754$1,426,822 ▼-1.8%602,4721.1%TransportationPAYCPaycom Software$74,149,405$3,303,915 ▼-4.3%361,7571.0%Computer and TechnologyBRK.BBerkshire Hathaway$67,061,643$3,080,048 ▼-4.4%147,9470.9%FinanceAWKAmerican Water Works$66,868,339$48,696,277 ▲268.0%537,1380.9%UtilitiesMASMasco$66,849,600$1,936,966 ▼-2.8%921,1740.9%ConstructionSBUXStarbucks$62,033,050$797,069 ▼-1.3%679,8140.9%Retail/WholesaleDOWDOW$61,235,111$4,148,076 ▼-6.3%1,525,9190.8%Basic MaterialsITWIllinois Tool Works$59,713,605$1,131,131 ▼-1.9%235,5010.8%Industrial ProductsGGGGraco$59,460,410$1,179,048 ▼-1.9%705,4270.8%Industrial ProductsPIIPolaris$58,674,701$1,213,190 ▼-2.0%1,018,3040.8%Auto/Tires/TrucksMKLMarkel Group$57,782,787$1,658,927 ▼-2.8%33,4730.8%Multi-Sector ConglomeratesLOWLowe's Companies$57,392,757$2,075,338 ▼-3.5%232,5480.8%Retail/WholesaleWYWeyerhaeuser$56,420,810$1,327,216 ▼-2.3%2,004,2920.8%ConstructionGOOGAlphabet$54,830,150$942,868 ▼-1.7%287,9130.8%Computer and TechnologyKEYSKeysight Technologies$54,293,101$843,308 ▼-1.5%338,0010.8%Computer and TechnologyXMHQInvesco S&P MidCap Quality ETF$53,497,820$2,458,597 ▲4.8%543,2910.7%ETFBROBrown & Brown$52,813,853$52,015,546 ▲6,515.7%517,6810.7%FinanceDNBDun & Bradstreet$49,305,862$1,319,477 ▼-2.6%3,957,1320.7%Business ServicesMDYGSPDR S&P 400 Mid CapGrowth ETF$47,678,357$5,260,754 ▲12.4%548,7210.7%ETFBKNGBooking$45,992,901$2,340,138 ▼-4.8%9,2570.6%Retail/WholesaleNXPINXP Semiconductors$44,541,807$794,818 ▼-1.8%214,2980.6%Computer and TechnologyTMOThermo Fisher Scientific$43,463,871$544,163 ▼-1.2%83,5470.6%MedicalHYBBiShares BB Rated Corporate Bond ETF$33,951,990$1,104,431 ▼-3.2%738,1060.5%ETFGLDMSPDR Gold MiniShares Trust$32,647,952$312,460 ▲1.0%627,9660.5%FinanceNDSNNordson$32,444,142$277,662 ▼-0.8%155,0570.5%Industrial ProductsMLMMartin Marietta Materials$32,367,848$795,922 ▼-2.4%62,6680.4%ConstructionIBTHiShares iBonds Dec 2027 Term Treasury ETF$31,473,609$1,375,529 ▲4.6%1,417,9410.4%ManufacturingRMDResMed$28,303,541$708,938 ▼-2.4%123,7640.4%MedicalSTZConstellation Brands$27,532,574$3,047,143 ▼-10.0%124,5820.4%Consumer StaplesSHWSherwin-Williams$27,258,954$777,759 ▼-2.8%80,1900.4%Basic MaterialsMBBiShares MBS ETF$26,952,023$9,526,754 ▲54.7%293,9790.4%ETFECLEcolab$26,608,330$530,498 ▼-2.0%113,5560.4%Basic MaterialsAPDAir Products and Chemicals$26,252,935$396,774 ▼-1.5%90,5150.4%Basic MaterialsAPHAmphenol$25,154,259$404,547 ▼-1.6%362,1920.3%Computer and TechnologySPDWSPDR Portfolio Developed World ex-US ETF$25,143,668$3,953,106 ▼-13.6%736,7030.3%ETFIUSViShares Core S&P U.S. Value ETF$24,389,687$17,811,631 ▲270.8%263,4160.3%ManufacturingMCDMcDonald's$24,092,815$352,217 ▼-1.4%83,1100.3%Retail/WholesalePGProcter & Gamble$23,635,293$284,334 ▼-1.2%140,9800.3%Consumer StaplesEOGEOG Resources$23,358,796$240,011 ▼-1.0%190,5600.3%Oils/EnergyGDGeneral Dynamics$22,833,739$286,413 ▼-1.2%86,6590.3%AerospaceDCIDonaldson$22,121,024$298,966 ▼-1.3%328,4490.3%Industrial ProductsGTESGates Industrial$21,487,525$706,024 ▼-3.2%1,044,6050.3%Industrial ProductsMORNMorningstar$21,348,239$349,894 ▼-1.6%63,3930.3%Business ServicesDLTRDollar Tree$21,228,066$1,166,518 ▼-5.2%283,2670.3%Retail/WholesaleNJRNew Jersey Resources$21,186,167$204,373 ▼-1.0%454,1520.3%UtilitiesEXPDExpeditors International of Washington$21,007,915$190,193 ▼-0.9%189,6530.3%TransportationMDYVSPDR S&P 400 Mid Cap Value ETF$20,209,251$2,568,482 ▲14.6%251,9860.3%ETFBF.BBrown-Forman$19,227,812$3,804,916 ▲24.7%506,2610.3%Consumer StaplesSLYGSPDR S&P 600 Small Cap Growth ETF$18,650,949$639,678 ▲3.6%206,4300.3%ETFNKENIKE$18,620,842$1,104,175 ▲6.3%246,0800.3%Consumer DiscretionaryBDXBecton, Dickinson and Company$18,398,593$158,808 ▼-0.9%81,0980.3%MedicalTTCToro$18,393,461$59,915 ▼-0.3%229,6310.3%Consumer DiscretionaryXSHQInvesco S&P SmallCap Quality ETF$18,121,734$425,067 ▲2.4%427,9040.3%ETFAOSA. O. Smith$18,018,518$549,501 ▼-3.0%264,1620.2%Industrial ProductsSPYGSPDR Portfolio S&P 500 Growth ETF$17,969,804$512,192 ▲2.9%204,4350.2%ETFMDTMedtronic$17,207,742$86,190 ▼-0.5%215,4200.2%MedicalCRLCharles River Laboratories International$17,168,538$360,893 ▼-2.1%93,0040.2%MedicalBRPThe Baldwin Insurance Group$16,746,878$251,087 ▼-1.5%432,0660.2%FinanceIBDRiShares iBonds Dec 2026 Term Corporate ETF$16,170,766$257,164 ▲1.6%671,8220.2%ETFSPYVSPDR Portfolio S&P 500 Value ETF$14,373,730$418,837 ▲3.0%281,0660.2%ETFVNTVontier$14,185,070$77,936 ▼-0.5%388,9520.2%Business ServicesZROZPIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund$14,155,002$14,155,002 ▲New Holding206,2810.2%ETFSPYSPDR S&P 500 ETF Trust$13,553,285$1,484,561 ▼-9.9%23,1250.2%FinanceShowing largest 100 holdings. View all holdings. More Institutional Buying and Selling Information SEC Filings and Trading Data SEC Filings 13F Filings Top 13F Buys Top 13F Sells Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
