CONFLUENCE INVESTMENT MANAGEMENT LLC
· CIK 0001442056| # | Ticker | Company | Sector | Shares | Value ↓ | % Port | Chg Shares | Chg % | Period Price ① | Since Period ① |
|---|---|---|---|---|---|---|---|---|---|---|
| 21 | PAYX | Paychex Inc. | Industrials | 987,259.0 | $110.8M | 1.66% | NEW | — | $112.18 | -20.8% |
| 22 | AWK | American Water Works Co. Inc. | Utilities | 792,993.0 | $103.5M | 1.55% | NEW | — | $130.50 | -4.8% |
| 23 | CL | Colgate-Palmolive Co. | Consumer Defensive | 1,286,644.0 | $101.7M | 1.52% | NEW | — | $79.02 | +11.5% |
| 24 | HON | Honeywell International Inc. | Industrials | 517,167.0 | $100.9M | 1.51% | NEW | — | $195.09 | +11.6% |
| 25 | KMI | Kinder Morgan Inc. | Energy | 3,637,035.0 | $100.0M | 1.50% | NEW | — | $27.49 | +21.5% |
| 26 | USB | U.S. Bancorp | Financial Services | 1,846,512.0 | $98.5M | 1.48% | NEW | — | $53.36 | +0.1% |
| 27 | TROW | T. Rowe Price Group Inc. | Financial Services | 943,672.0 | $96.6M | 1.45% | NEW | — | $102.38 | +0.0% |
| 28 | SPMB | SPDR Portfolio Mortgage Backed | — | 4,260,018.0 | $95.5M | 1.43% | NEW | — | $22.42 | -1.6% |
| 29 | DEO | Diageo plc | Consumer Defensive | 1,098,320.0 | $94.8M | 1.42% | NEW | — | $86.27 | -5.3% |
| 30 | MDLZ | Mondelez International Inc. | Consumer Defensive | 1,742,051.0 | $93.8M | 1.41% | NEW | — | $53.83 | +13.3% |
| 31 | ACN | Accenture plc | Technology | 332,196.0 | $89.1M | 1.33% | NEW | — | $268.30 | -37.1% |
| 32 | TJX | TJX Co. Inc. | Consumer Cyclical | 577,970.0 | $88.8M | 1.33% | NEW | — | $153.61 | -4.1% |
| 33 | MA | Mastercard Inc. | Financial Services | 155,399.0 | $88.7M | 1.33% | NEW | — | $570.88 | -14.2% |
| 34 | WRB | W. R. Berkley Corp. | Financial Services | 1,181,506.0 | $82.8M | 1.24% | NEW | — | $70.12 | -5.8% |
| 35 | NDSN | Nordson Corp. | Industrials | 328,669.0 | $79.0M | 1.18% | NEW | — | $240.43 | +16.6% |
| 36 | CLX | Clorox Co. | Consumer Defensive | 776,196.0 | $78.3M | 1.17% | NEW | — | $100.83 | -10.3% |
| 37 | SYK | Stryker Corp. | Healthcare | 219,287.0 | $77.1M | 1.16% | NEW | — | $351.47 | -13.1% |
| 38 | MSFT | Microsoft Corp. | Technology | 154,718.0 | $74.8M | 1.12% | NEW | — | $483.62 | -15.3% |
| 39 | SPGI | S&P Global Inc. | Financial Services | 140,159.0 | $73.2M | 1.10% | NEW | — | $522.59 | -22.7% |
| 40 | SPDW | SPDR Portfolio Developed World | — | 1,637,282.0 | $72.7M | 1.09% | NEW | — | $44.41 | +10.7% |
① Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.
Sector Allocation
Financial Services
23.1%
Industrials
18.9%
Technology
14.6%
Consumer Defensive
10.7%
Utilities
7.2%
Consumer Cyclical
7.0%
Healthcare
6.5%
Basic Materials
5.8%
Energy
4.8%
Communication Services
1.3%