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CONFLUENCE INVESTMENT MANAGEMENT LLC — 13F Holdings & Portfolio

CIK 1442056 · latest 13F-HR filed 2026-07-01

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CONFLUENCE INVESTMENT MANAGEMENT LLC manages $6.40B in 13F-reported U.S. long-equity assets across 422 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SGOV (4.37%), SNA (2.61%), CB (2.44%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 29 new positions, exited 22, added to 88, and trimmed 108.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
20 ALLEN AVENUE, SUITE 300
ST. LOUIS, MO 63119
Phone
(314) 743-5090
Filing Manager
CONFLUENCE INVESTMENT MANAGEMENT LLC
ST. LOUIS, MO
Signatory
Steven Farmer
Chief Compliance Officer
Loading holdings…
AUM

$6.40B

Long-equity book

Holdings

422

Distinct positions

Period

2026-06-30

Filed 2026-07-01

Q/Q Activity

+29 / −22 / ↑88 / ↓108

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • iShares 0-3 Month Treasury Bon$104.2M +59.0%
  • Clorox Co.$22.4M +23.2%
  • Northern Trust Corp.$19.9M +20.9%
  • T. Rowe Price Group Inc.$19.6M +22.6%
  • SPDR Portfolio S&P 500 Value E$18.9M +42.4%
Show all 88 →

Top Trims

  • Analog Devices Inc.-$55.5M -32.3%
  • Diageo plc-$38.3M -38.0%
  • Chevron Corp.-$36.6M -22.9%
  • Lockheed Martin Corp.-$31.2M -19.2%
  • Keysight Technologies Inc.-$28.1M -55.4%
Show all 108 →

New Positions

  • Stanley Black & Decker Inc.$126.9M
  • Honeywell International Inc.$53.9M
  • Honeywell Aerospace Inc.$53.3M
  • AptarGroup Inc.$20.1M
  • State Street Energy Select Sec$12.3M
Show all 29 →

Exited Positions

  • Honeywell International Inc.$113.0M
  • Starbucks Corp.$28.2M
  • iShares BB Rated Corporate Bon$16.3M
  • iShares 3-7 Year Treasury Bond$14.9M
  • iShares 1-5 Year Investment Gr$11.8M
Show all 22 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 iShares 0-3 Month Treasury Bon SGOV 46436E718 $279.8M 4.37% 2,779,435 SH
2 Snap-on Inc. SNA 833034101 $167.3M 2.61% 415,835 SH
3 Chubb Ltd. CB H1467J104 $156.5M 2.44% 459,243 SH
4 Linde plc LIN G54950103 $140.0M 2.19% 269,846 SH
5 WEC Energy Group Inc. WEC 92939U106 $138.7M 2.17% 1,187,550 SH
6 Fastenal Co. FAST 311900104 $135.5M 2.12% 2,820,667 SH
7 Entergy Corp. ETR 29364G103 $132.3M 2.07% 1,152,135 SH
8 Lockheed Martin Corp. LMT 539830109 $131.3M 2.05% 257,713 SH
9 Southern Co. SO 842587107 $130.8M 2.04% 1,366,140 SH
10 Stanley Black & Decker Inc. SWK 854502101 $126.4M 1.97% 1,342,667 SH
11 Chevron Corp. CVX 166764100 $122.8M 1.92% 740,684 SH
12 Progressive Corp. PGR 743315103 $121.3M 1.90% 555,364 SH
13 Clorox Co. CLX 189054109 $118.7M 1.85% 1,243,853 SH
14 Mondelez International Inc. MDLZ 609207105 $117.9M 1.84% 2,037,840 SH
15 Analog Devices Inc. ADI 032654105 $116.2M 1.82% 292,516 SH
16 Hershey Co. HSY 427866108 $115.9M 1.81% 660,643 SH
17 Northern Trust Corp. NTRS 665859104 $114.4M 1.79% 658,062 SH
18 Colgate-Palmolive Co. CL 194162103 $110.6M 1.73% 1,205,994 SH
19 Home Depot Inc. HD 437076102 $109.4M 1.71% 310,299 SH
20 Kinder Morgan Inc. KMI 49456B101 $107.3M 1.68% 3,356,707 SH
21 T. Rowe Price Group Inc. TROW 74144T108 $106.2M 1.66% 933,726 SH
22 Gilead Sciences Inc. GILD 375558103 $104.8M 1.64% 829,576 SH
23 U.S. Bancorp USB 902973304 $104.4M 1.63% 1,729,011 SH
24 American Water Works Co. Inc. AWK 030420103 $102.3M 1.60% 777,852 SH
25 Cisco Systems Inc. CSCO 17275R102 $98.5M 1.54% 838,780 SH
26 Paychex Inc. PAYX 704326107 $93.4M 1.46% 949,609 SH
27 Fidelity National Financial In FNF 31620R303 $89.7M 1.40% 1,901,862 SH
28 Nordson Corp. NDSN 655663102 $84.6M 1.32% 280,319 SH
29 SPDR Portfolio Mortgage Backed SPMB 78464A383 $75.2M 1.17% 3,370,501 SH
30 SPDR Portfolio Developed World SPDW 78463X889 $74.7M 1.17% 1,481,733 SH
31 W. R. Berkley Corp. WRB 084423102 $72.6M 1.13% 1,028,850 SH
32 Broadridge Financial Solutions BR 11133T103 $71.3M 1.11% 520,920 SH
33 Mastercard Inc. MA 57636Q104 $69.9M 1.09% 136,122 SH
34 SPDR Portfolio S&P 500 Growth SPYG 78464A409 $68.2M 1.07% 573,244 SH
35 Stryker Corp. SYK 863667101 $66.6M 1.04% 211,395 SH
36 SPDR Portfolio S&P 500 Value E SPYV 78464A508 $63.6M 0.99% 1,046,532 SH
37 Masco Corp. MAS 574599106 $62.5M 0.98% 767,704 SH
38 Diageo plc DEO 25243Q205 $62.2M 0.97% 773,347 SH
39 TJX Co. Inc. TJX 872540109 $61.5M 0.96% 405,636 SH
40 Air Products and Chemicals Inc APD 009158106 $59.4M 0.93% 202,637 SH
41 Ares Capital Corp. ARCC 04010L103 $58.7M 0.92% 3,165,402 SH
42 S&P Global Inc. SPGI 78409V104 $57.5M 0.90% 141,186 SH
43 Honeywell International Inc. HON 438516205 $53.6M 0.84% 239,600 SH
44 Microsoft Corp. MSFT 594918104 $53.1M 0.83% 142,346 SH
45 Honeywell Aerospace Inc. HONA 43849R105 $53.1M 0.83% 240,095 SH
46 Illinois Tool Works Inc. ITW 452308109 $52.1M 0.81% 192,803 SH
47 Dow Inc. DOW 260557103 $50.4M 0.79% 1,842,813 SH
48 Paycom Software Inc. PAYC 70432V102 $46.8M 0.73% 372,405 SH
49 Thermo Fisher Scientific Inc. TMO 883556102 $46.3M 0.72% 92,406 SH
50 Berkshire Hathaway Inc. - B BRK.B 084670702 $43.1M 0.67% 86,200 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-01 $6.40B 422 0001442056-26-000006
2026-03-31 2026-04-01 $6.44B 414 0001442056-26-000004
2025-12-31 2026-01-05 $6.67B 458 0001442056-26-000002