Confluence Investment Management LLC Top Holdings and 13F Report (2024) About Confluence Investment Management LLCInvestment ActivityConfluence Investment Management LLC has $7.48 billion in total holdings as of December 31, 2023.Confluence Investment Management LLC owns shares of 301 different stocks, but just 60 companies or ETFs make up 80% of its holdings.Approximately 4.71% of the portfolio was purchased this quarter.About 5.03% of the portfolio was sold this quarter.This quarter, Confluence Investment Management LLC has purchased 302 new stocks and bought additional shares in 118 stocks.Confluence Investment Management LLC sold shares of 153 stocks and completely divested from 18 stocks this quarter.Largest Holdings Progressive $228,703,819Lockheed Martin $182,769,922Diageo $170,623,388Chubb $169,397,045Linde plc $161,196,103 Largest New Holdings this Quarter Brown-Forman $19,979,087 HoldingInvesco S&P SmallCap Quality ETF $18,089,462 HoldingSPDR Portfolio High Yield Bond ETF $11,518,390 HoldingiShares iBonds Dec 2032 Term Corporate ETF $10,524,735 HoldingiShares iBonds Dec 2031 Term Corporate ETF $10,475,385 Holding Largest Purchases this Quarter Brown & Brown 525,440 shares (about $54.44M)Diageo 284,046 shares (about $39.86M)Paycom Software 225,081 shares (about $37.49M)SPDR S&P 400 Mid CapGrowth ETF 304,355 shares (about $26.70M)W. R. Berkley 439,853 shares (about $24.95M) Largest Sales this Quarter iShares 0-3 Month Treasury Bond ETF 268,710 shares (about $27.06M)TJX Companies 219,868 shares (about $25.84M)Alphabet 123,960 shares (about $20.72M)S&P Global 31,940 shares (about $16.50M)Booking 2,747 shares (about $11.57M) 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$228,703,819$9,098,314 ▼-3.8%901,2603.1%FinanceLMTLockheed Martin$182,769,922$3,759,310 ▼-2.0%312,6622.4%AerospaceDEODiageo$170,623,388$39,863,011 ▲30.5%1,215,7862.3%Consumer StaplesCBChubb$169,397,045$4,215,972 ▼-2.4%587,3892.3%FinanceLinde plc$161,196,103$2,376,190 ▼-1.5%338,0372.2%COMSNASnap-on$157,865,871$2,276,831 ▼-1.4%544,9102.1%Consumer DiscretionaryPEPPepsiCo$153,870,325$1,719,887 ▼-1.1%904,8532.1%Consumer StaplesSOSouthern$150,839,506$2,968,095 ▼-1.9%1,672,6492.0%UtilitiesPAYXPaychex$150,363,711$2,112,688 ▼-1.4%1,120,5282.0%Business ServicesHDHome Depot$149,995,986$2,127,298 ▼-1.4%370,1782.0%Retail/WholesaleADIAnalog Devices$149,943,215$2,661,914 ▼-1.7%651,4462.0%Computer and TechnologyWECWEC Energy Group$145,268,572$2,236,666 ▼-1.5%1,510,3821.9%UtilitiesFNFFidelity National Financial$144,758,979$3,534,565 ▼-2.4%2,332,5651.9%FinanceCLXClorox$141,932,891$1,688,073 ▼-1.2%871,2351.9%Consumer StaplesCLColgate-Palmolive$140,441,865$2,707,677 ▼-1.9%1,352,8741.9%Consumer StaplesBRBroadridge Financial Solutions$138,133,139$2,288,565 ▼-1.6%642,3901.8%Business ServicesMSFTMicrosoft$137,360,555$1,331,350 ▼-1.0%319,2201.8%Computer and TechnologyHSYHershey$136,370,052$1,295,667 ▼-0.9%711,0751.8%Consumer StaplesFASTFastenal$122,565,846$1,232,423 ▼-1.0%1,716,1281.6%Retail/WholesaleCVXChevron$110,143,277$778,175 ▼-0.7%747,9001.5%Oils/EnergySGOViShares 0-3 Month Treasury Bond ETF$108,824,683$27,064,483 ▼-19.9%1,080,4671.5%ETFETREntergy$107,907,880$1,593,666 ▼-1.5%819,9061.4%UtilitiesTROWT. Rowe Price Group$107,185,966$1,657,697 ▼-1.5%983,9891.4%FinanceNTRSNorthern Trust$103,480,226$737,976 ▼-0.7%1,149,3971.4%FinanceGILDGilead Sciences$99,852,967$983,779 ▼-1.0%1,190,9941.3%MedicalKMIKinder Morgan$99,063,908$1,379,366 ▼-1.4%4,484,5591.3%Oils/EnergyBIPCBrookfield Infrastructure$98,748,593$1,643,304 ▼-1.6%2,273,7421.3%UtilitiesORCLOracle$97,861,301$1,981,583 ▼-2.0%574,3031.3%Computer and TechnologyCSCOCisco Systems$96,829,509$846,411 ▼-0.9%1,819,4201.3%Computer and TechnologyMAMastercard$91,280,151$1,474,984 ▼-1.6%184,8521.2%Business ServicesSYKStryker$90,987,439$1,493,812 ▼-1.6%251,8611.2%MedicalUSBU.S. Bancorp$90,059,476$1,055,311 ▼-1.2%1,969,3741.2%FinanceDOWDOW$89,007,814$1,815,628 ▼-2.0%1,629,2851.2%Basic MaterialsPIIPolaris$86,516,262$559,706 ▲0.7%1,039,3591.2%Auto/Tires/TrucksUPSUnited Parcel Service$83,683,787$3,981,131 ▼-4.5%613,7871.1%TransportationSPGIS&P Global$80,339,274$16,500,887 ▼-17.0%155,5091.1%Business ServicesARCCAres Capital$80,337,831$1,340,139 ▲1.7%3,836,5731.1%FinanceMASMasco$79,563,822$2,194,360 ▼-2.7%947,8651.1%ConstructionWRBW. R. Berkley$77,339,753$24,952,870 ▲47.6%1,363,2951.0%FinanceTJXTJX Companies$76,510,132$25,843,303 ▼-25.2%650,9281.0%Retail/WholesaleBRK.BBerkshire Hathaway$71,221,783$2,048,164 ▼-2.8%154,7421.0%FinanceWYWeyerhaeuser$69,461,743$1,122,086 ▼-1.6%2,051,4400.9%ConstructionRYNRayonier$67,171,366$1,162,760 ▼-1.7%2,087,3640.9%ConstructionSBUXStarbucks$67,126,604$150,622 ▼-0.2%688,5490.9%Retail/WholesaleLOWLowe's Companies$65,263,269$1,577,974 ▼-2.4%240,9570.9%Retail/WholesaleGGGGraco$62,955,997$703,668 ▼-1.1%719,4150.8%Industrial ProductsPAYCPaycom Software$62,942,851$37,491,769 ▲147.3%377,8760.8%Computer and TechnologyITWIllinois Tool Works$62,886,955$776,253 ▼-1.2%239,9620.8%Industrial ProductsSPMBSPDR Portfolio Mortgage Backed Bond ETF$62,450,869$2,909,953 ▼-4.5%2,771,8980.8%ETFBROBrown & Brown$55,246,205$54,435,536 ▲6,714.9%533,2650.7%FinanceKEYSKeysight Technologies$54,552,881$291,637 ▼-0.5%343,2510.7%Computer and TechnologyMKLMarkel Group$54,013,111$6,639,876 ▼-10.9%34,4340.7%Multi-Sector ConglomeratesXMHQInvesco S&P MidCap Quality ETF$53,169,524$4,930,606 ▲10.2%518,3230.7%ETFNXPINXP Semiconductors$52,351,510$826,835 ▼-1.6%218,1220.7%Computer and TechnologyTMOThermo Fisher Scientific$52,326,568$873,419 ▼-1.6%84,5930.7%MedicalGOOGAlphabet$48,963,983$20,724,894 ▼-29.7%292,8640.7%Computer and TechnologyDNBDun & Bradstreet$46,765,469$182,468 ▼-0.4%4,063,0290.6%Business ServicesMDYGSPDR S&P 400 Mid CapGrowth ETF$42,832,534$26,704,090 ▲165.6%488,1760.6%ETFNDSNNordson$41,071,215$26,788 ▼-0.1%156,3840.5%Industrial ProductsBKNGBooking$40,975,591$11,570,718 ▼-22.0%9,7280.5%Retail/WholesaleHYBBiShares BB Rated Corporate Bond ETF$36,086,193$7,401,894 ▼-17.0%762,1160.5%ETFSTZConstellation Brands$35,656,450$597,581 ▼-1.6%138,3700.5%Consumer StaplesMLMMartin Marietta Materials$34,560,236$562,467 ▼-1.6%64,2090.5%ConstructionGLDMSPDR Gold MiniShares Trust$32,422,566$898,252 ▲2.8%621,9560.4%FinanceSPDWSPDR Portfolio Developed World ex-US ETF$32,020,969$1,138,557 ▲3.7%852,5280.4%ETFSHWSherwin-Williams$31,479,397$571,360 ▼-1.8%82,4780.4%Basic MaterialsRMDResMed$30,970,024$456,016 ▼-1.5%126,8640.4%MedicalIBTHiShares iBonds Dec 2027 Term Treasury ETF$30,692,392$651,028 ▼-2.1%1,355,9710.4%ManufacturingECLEcolab$29,572,435$494,576 ▼-1.6%115,8200.4%Basic MaterialsAPDAir Products and Chemicals$27,357,217$595 ▲0.0%91,8830.4%Basic MaterialsGDGeneral Dynamics$26,516,759$305,221 ▼-1.1%87,7460.4%AerospaceMCDMcDonald's$25,677,712$73,691 ▼-0.3%84,3250.3%Retail/WholesaleEXPDExpeditors International of Washington$25,145,998$115,238 ▼-0.5%191,3700.3%TransportationPGProcter & Gamble$24,711,511$143,410 ▼-0.6%142,6760.3%Consumer StaplesDCIDonaldson$24,533,868$167,447 ▼-0.7%332,8880.3%Industrial ProductsAOSA. O. Smith$24,453,314$28,746 ▼-0.1%272,2180.3%Industrial ProductsAPHAmphenol$23,979,972$88,748 ▼-0.4%368,0170.3%Computer and TechnologyEOGEOG Resources$23,666,220$81,503 ▼-0.3%192,5180.3%Oils/EnergyBRPThe Baldwin Insurance Group$21,839,491$4,619,199 ▲26.8%438,5440.3%FinanceNJRNew Jersey Resources$21,642,764$2,360 ▲0.0%458,5330.3%UtilitiesAWKAmerican Water Works$21,346,935$59,520 ▼-0.3%145,9720.3%UtilitiesDLTRDollar Tree$21,013,972$11,967,992 ▲132.3%298,8330.3%Retail/WholesaleMORNMorningstar$20,561,478$173,282 ▼-0.8%64,4320.3%Business ServicesNKENIKE$20,463,575$222,415 ▲1.1%231,4880.3%Consumer DiscretionaryTTCToro$19,980,735$61,491 ▲0.3%230,3790.3%Consumer DiscretionaryBF.BBrown-Forman$19,979,087$19,979,087 ▲New Holding406,0790.3%Consumer StaplesBDXBecton, Dickinson and Company$19,721,457$115,487 ▲0.6%81,7980.3%MedicalMDTMedtronic$19,491,435$166,826 ▲0.9%216,4990.3%MedicalSHYiShares 1-3 Year Treasury Bond ETF$19,195,760$846,716 ▲4.6%230,8570.3%ManufacturingGTESGates Industrial$18,935,186$722,446 ▼-3.7%1,078,9280.3%Industrial ProductsCRLCharles River Laboratories International$18,704,074$61,652 ▼-0.3%94,9590.2%MedicalSLYGSPDR S&P 600 Small Cap Growth ETF$18,561,448$3,405,586 ▼-15.5%199,3500.2%ETFMBBiShares MBS ETF$18,210,223$583,195 ▼-3.1%190,0660.2%ETFXSHQInvesco S&P SmallCap Quality ETF$18,089,462$18,089,462 ▲New Holding417,8670.2%ETFMDYVSPDR S&P 400 Mid Cap Value ETF$17,478,007$599,048 ▲3.5%219,9600.2%ETFSPYGSPDR Portfolio S&P 500 Growth ETF$16,472,552$4,564,687 ▲38.3%198,6080.2%ETFIBDRiShares iBonds Dec 2026 Term Corporate ETF$16,065,659$6,036,195 ▼-27.3%661,1380.2%ETFIBTIiShares iBonds Dec 2028 Term Treasury ETF$15,350,041$5,303,174 ▲52.8%682,0660.2%ManufacturingSPYSPDR S&P 500 ETF Trust$14,721,601$1,154,984 ▼-7.3%25,6580.2%FinanceSPYVSPDR Portfolio S&P 500 Value ETF$14,424,249$5,171,302 ▼-26.4%272,8760.2%ETFShowing 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.
