2026 Q3 Portfolio Activity
In 2026 Q3, CONFLUENCE INVESTMENT MANAGEMENT LLC maintained a portfolio of 311 distinct positions. The most significant new addition was Watsco Inc., now representing 1.63% of the total fund value. They heavily accumulated shares in Zoetis Inc., increasing the position by 300.5%. Conversely, CONFLUENCE INVESTMENT MANAGEMENT LLC completely exited their position in Fastenal Co..
Position History
hover any row below to update
Loading…
Total Positions
311
Quarter
2026 Q3
Top Holding
SGOV (3.6%)
Top 10 Concentration
22.5%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 311
CONFLUENCE INVESTMENT MANAGEMENT LLC Full Holdings List — 2026 Q3
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
SGOV
iShares 0-3 Mon...
|
ETF | 3.63% | 4.39% |
#1
Prev: #1
|
3.5 |
—
|
-635,477 | -22.8% |
P
S
|
2,152,535 | $216,717,283 |
$94.69
+6.2%
|
2024 Q1 | 13F Filing | 2026-09-30 | 2026-10-01 | ||
|
CVX
Chevron Corp.
|
Energy | 2.42% | 1.92% |
#2
9
Prev: #11
|
3.0 |
—
|
-35,566 | -4.8% |
P
S
|
707,297 | $144,437,137 | 2008 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
CB
Chubb Ltd.
|
Financial Services | 2.37% | 2.45% |
#3
Prev: #3
|
2.4 |
—
|
-26,847 | -5.8% |
P
S
|
433,925 | $141,134,050 | 2015 Q2 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
ZTS
Zoetis Inc.
|
Healthcare | 2.18% | 0.52% |
#4
56
Prev: #60
|
4.4 |
—
|
1,398,638 | 300.5% |
P
S
|
1,864,087 | $130,169,165 | 2025 Q1 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
LMT
Lockheed Martin...
|
Industrials | 2.10% | 2.06% |
#5
3
Prev: #8
|
1.8 |
—
|
-11,945 | -4.6% |
P
S
|
246,632 | $125,597,658 | 2010 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
LIN
Linde plc
|
Basic Materials | 2.05% | 2.20% |
#6
2
Prev: #4
|
1.3 |
—
|
-12,365 | -4.6% |
P
S
|
258,362 | $122,631,642 | 2018 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
GILD
Gilead Sciences...
|
Healthcare | 1.98% | 1.64% |
#7
15
Prev: #22
|
1.3 |
—
|
-41,335 | -5.0% |
P
S
|
791,297 | $117,942,892 | 2014 Q2 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
SWK
Stanley Black &...
|
Industrials | 1.93% | 1.98% |
#8
2
Prev: #10
|
1.3 |
—
|
-45,875 | -3.4% |
P
S
|
1,302,499 | $115,388,372 | 2026 Q2 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
WEC
WEC Energy Grou...
|
Utilities | 1.93% | 2.17% |
#9
4
Prev: #5
|
1.3 |
—
|
-50,019 | -4.2% |
P
S
|
1,141,313 | $115,021,567 | 2018 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
MDLZ
Mondelez Intern...
|
Consumer Defensive | 1.90% | 1.85% |
#10
4
Prev: #14
|
1.3 |
—
|
-78,347 | -3.8% |
P
S
|
1,965,985 | $113,673,260 | 2025 Q2 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
ADI
Analog Devices ...
|
Technology | 1.88% | 1.82% |
#11
4
Prev: #15
|
1.3 |
—
|
-11,123 | -3.8% |
P
S
|
282,267 | $111,978,169 | 2009 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
PGR
Progressive Cor...
|
Financial Services | 1.87% | 1.90% |
#12
Prev: #12
|
1.2 |
—
|
-19,934 | -3.6% |
P
S
|
537,474 | $111,423,631 | 2011 Q3 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
ETR
Entergy Corp.
|
Utilities | 1.85% | 2.08% |
#13
6
Prev: #7
|
1.2 |
—
|
-42,414 | -3.7% |
P
S
|
1,114,210 | $110,596,467 | 2019 Q1 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
SNA
Snap-on Inc.
|
Industrials | 1.84% | 2.62% |
#14
12
Prev: #2
|
0.7 |
—
|
-114,390 | -27.4% |
P
S
|
302,742 | $110,001,239 | 2008 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
SO
Southern Co.
|
Utilities | 1.83% | 2.05% |
#15
6
Prev: #9
|
1.2 |
—
|
-55,493 | -4.0% |
P
S
|
1,315,100 | $109,008,667 | 2008 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
NTRS
Northern Trust ...
|
Financial Services | 1.79% | 1.79% |
#16
1
Prev: #17
|
1.2 |
—
|
-30,904 | -4.7% |
P
S
|
629,512 | $106,614,077 | 2013 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
CL
Colgate-Palmoli...
|
Consumer Defensive | 1.66% | 1.73% |
#17
1
Prev: #18
|
1.2 |
—
|
-48,151 | -4.0% |
P
S
|
1,161,221 | $99,075,385 | 2009 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
HSY
Hershey Co.
|
Consumer Defensive | 1.65% | 1.82% |
#18
2
Prev: #16
|
1.2 |
—
|
-38,348 | -5.8% |
P
S
|
624,895 | $98,489,690 | 2022 Q1 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
KMI
Kinder Morgan I...
|
Energy | 1.65% | 1.68% |
#19
1
Prev: #20
|
1.2 |
—
|
-105,167 | -3.1% |
P
S
|
3,263,650 | $98,399,048 | 2013 Q1 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
WSO
Watsco Inc.
|
Industrials | 1.63% | — |
#20
Prev: #—
|
4.2 |
—
|
320,431 | — |
NEW
|
320,431 | $96,991,260 | 2026 Q3 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
USB
U.S. Bancorp
|
Financial Services | 1.62% | 1.64% |
#21
2
Prev: #23
|
1.1 |
—
|
-56,108 | -3.2% |
P
S
|
1,678,810 | $96,968,082 | 2017 Q2 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
AWK
American Water ...
|
Utilities | 1.62% | 1.60% |
#22
2
Prev: #24
|
1.1 |
—
|
-34,899 | -4.5% |
P
S
|
745,410 | $96,508,227 | 2019 Q1 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
NKE
NIKE Inc.
|
Consumer Cyclical | 1.61% | 0.18% |
#23
77
Prev: #100
|
3.6 |
—
|
2,441,233 | 873.8% |
P
S
|
2,720,616 | $96,309,803 | 2012 Q1 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
CLX
Clorox Co.
|
Consumer Defensive | 1.59% | 1.86% |
#24
11
Prev: #13
|
1.1 |
—
|
-77,227 | -6.2% |
P
S
|
1,170,417 | $94,815,467 | 2009 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
TROW
T. Rowe Price G...
|
Financial Services | 1.56% | 1.66% |
#25
4
Prev: #21
|
1.1 |
—
|
-41,563 | -4.4% |
P
S
|
894,846 | $93,108,731 | 2011 Q3 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
PAYX
Paychex Inc.
|
Technology | 1.51% | 1.46% |
#26
Prev: #26
|
1.1 |
—
|
-39,852 | -4.2% |
P
S
|
912,572 | $89,888,294 | 2008 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
CSCO
Cisco Systems I...
|
Technology | 1.48% | 1.54% |
#27
2
Prev: #25
|
1.1 |
—
|
-21,239 | -2.5% |
P
S
|
820,548 | $88,315,560 | 2018 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
HD
Home Depot Inc.
|
Consumer Cyclical | 1.43% | 1.72% |
#28
9
Prev: #19
|
1.1 |
—
|
-11,582 | -3.7% |
P
S
|
299,681 | $85,256,155 | 2008 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
NDSN
Nordson Corp.
|
Industrials | 1.40% | 1.33% |
#29
1
Prev: #28
|
1.1 |
—
|
-25,507 | -9.1% |
P
S
|
255,613 | $83,802,787 | 2018 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
BR
Broadridge Fina...
|
Technology | 1.37% | 1.12% |
#30
2
Prev: #32
|
1.0 |
—
|
-15,320 | -2.9% |
P
S
|
508,021 | $81,842,206 | 2009 Q3 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
PAYC
Paycom Software...
|
Technology | 1.21% | 0.74% |
#31
17
Prev: #48
|
1.0 |
—
|
-43,599 | -11.6% |
P
S
|
330,788 | $71,995,977 | 2024 Q2 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
FNF
Fidelity Nation...
|
Financial Services | 1.20% | 1.41% |
#32
5
Prev: #27
|
1.0 |
—
|
-51,657 | -2.7% |
P
S
|
1,857,255 | $71,782,900 | 2014 Q2 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
SPDW
SPDR Portfolio ...
|
ETF | 1.19% | 1.17% |
#33
3
Prev: #30
|
1.0 |
—
|
-62,987 | -4.2% |
P
S
|
1,419,786 | $71,287,455 | 2017 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
MSFT
Microsoft Corp.
|
Technology | 1.17% | 0.83% |
#34
10
Prev: #44
|
1.0 |
—
|
-6,781 | -4.7% |
P
S
|
136,113 | $69,811,969 | 2008 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
SPMB
SPDR Portfolio ...
|
ETF | 1.17% | 1.17% |
#35
6
Prev: #29
|
1.0 |
—
|
-69,165 | -2.1% |
P
S
|
3,301,336 | $69,790,243 | 2011 Q1 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
MA
Mastercard Inc.
|
Financial Services | 1.16% | 1.10% |
#36
3
Prev: #33
|
1.0 |
—
|
-11,424 | -8.4% |
P
S
|
125,090 | $68,983,028 | 2011 Q3 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
HONA
Honeywell Aeros...
|
Industrials | 1.11% | 0.83% |
#37
8
Prev: #45
|
3.4 |
—
|
185,601 | 77.0% |
P
S
|
426,663 | $66,119,894 | 2026 Q2 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
WRB
W. R. Berkley C...
|
Financial Services | 1.07% | 1.14% |
#38
7
Prev: #31
|
0.9 |
—
|
-85,462 | -8.3% |
P
S
|
946,290 | $63,912,411 | 2009 Q3 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
SPYV
SPDR Portfolio ...
|
Unknown | 1.05% | 0.99% |
#39
3
Prev: #36
|
0.9 |
—
|
-18,223 | -1.7% |
P
S
|
1,029,031 | $62,904,655 | 2020 Q1 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
SPYG
SPDR Portfolio ...
|
Unknown | 1.05% | 1.07% |
#40
6
Prev: #34
|
0.9 |
—
|
-63,013 | -11.0% |
P
S
|
510,696 | $62,856,414 | 2020 Q1 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
ARCC
Ares Capital Co...
|
Financial Services | 1.05% | 0.97% |
#41
2
Prev: #39
|
0.9 |
—
|
-92,247 | -2.7% |
P
S
|
3,275,333 | $62,558,857 | 2008 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
ACN
Accenture plc
|
Technology | 1.02% | 0.66% |
#42
9
Prev: #51
|
0.9 |
—
|
-9,247 | -2.7% |
P
S
|
332,607 | $60,990,166 | 2017 Q2 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
TMO
Thermo Fisher S...
|
Healthcare | 0.97% | 0.73% |
#43
6
Prev: #49
|
0.9 |
—
|
-6,988 | -7.5% |
P
S
|
85,793 | $57,914,988 | 2008 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
SYK
Stryker Corp.
|
Healthcare | 0.91% | 1.04% |
#44
9
Prev: #35
|
0.9 |
—
|
-15,870 | -7.5% |
P
S
|
196,130 | $54,012,318 | 2012 Q1 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
APD
Air Products an...
|
Basic Materials | 0.88% | 0.93% |
#45
4
Prev: #41
|
0.9 |
—
|
-14,462 | -7.1% |
P
S
|
188,435 | $52,428,158 | 2009 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
SPGI
S&P Global Inc.
|
Financial Services | 0.87% | 0.90% |
#46
4
Prev: #42
|
0.8 |
—
|
-10,081 | -7.1% |
P
S
|
131,526 | $51,882,894 | 2022 Q1 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
TJX
TJX Co. Inc.
|
Consumer Cyclical | 0.83% | 0.96% |
#47
7
Prev: #40
|
0.8 |
—
|
-33,276 | -8.2% |
P
S
|
373,592 | $49,430,002 | 2009 Q1 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
MAS
Masco Corp.
|
Industrials | 0.80% | 0.98% |
#48
11
Prev: #37
|
0.8 |
—
|
-61,633 | -8.0% |
P
S
|
707,047 | $47,654,965 | 2022 Q3 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
HON
Honeywell Inter...
|
Industrials | 0.79% | 0.84% |
#49
6
Prev: #43
|
0.8 |
—
|
-17,702 | -7.4% |
P
S
|
222,870 | $47,012,128 | 2018 Q2 | 13F Filing | 2026-09-30 | 2026-10-01 | |||
|
ITW
Illinois Tool W...
|
Industrials | 0.77% | 0.82% |
#50
4
Prev: #46
|
0.8 |
—
|
-14,939 | -7.7% |
P
S
|
178,095 | $45,820,239 | 2008 Q4 | 13F Filing | 2026-09-30 | 2026-10-01 |
Showing 1-50 of 311 holdings