Arkolith/Funds/Confluence Investment Management LLC

Confluence Investment Management LLC

CIK 1442056
Holdings as of Mar 31, 2026·disclosed Apr 1, 2026·~1-day 13F lag·One quarter behind·13F-HR
Inactive

Confluence Investment Management LLC holds a diversified book of 283 reported positions worth $6.4B as of Q1 2026 (disclosed Apr 1, 2026, a ~1-day 13F lag). This quarter they opened Trex Company Inc and trimmed Ishares 0-3 Month Treasury B. Their largest long position is Ishares 0-3 Month Treasury B at 3% of the reported non-option book. Cloning the disclosed picks since 2013 would be +181% (+8.3%/yr). That is a simulation of the disclosed long book, not audited returns.

Growth of $10,000: cloning the disclosed book

If you'd copied them
+180.9%
+8.3%/yr · since Oct '13
Their reported book
+245.0%
held from quarter-end
S&P 500
+447.4%
same window
$10K$21K$32K$44K$55KOct '13May '16Dec '18Jul '21Feb '24Sep '26
Confluence Investment Management LLC (copied at disclosure) S&P 500

The reported book (valued from quarter-end) returned +245.0%, a 64.1-point gap that is the cost of the ~1-day 13F disclosure lag a real follower can't avoid.

Growth of $10,000 cloning Confluence Investment Management LLC's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~1 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

How much sits in the biggest positions

Top-heavy: diversified book

Top 5 holdings
13%
Top 10 holdings
24%
Top 20 holdings
43%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

85% mapped to company sectors

Industrials
17%
Financials
16%
ETFs / funds
12%
Utilities
10%
Information Technology
10%
Materials
10%
Consumer Discretionary
8%
Consumer Staples
7%

+4 sectors below the cut, 10% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Confluence Investment Management LLC

Manager / fundShared namesTheir $ in those
New World Advisors LLC15 / 80$430.6M
Greenleaf Trust62 / 80$5.8B
Ravenstone Capital Management Inc.11 / 80$121.8M
Armstrong Henry H Associates Inc12 / 80$495.6M
Hardin Capital Partners, LLC9 / 80$102.9M
Founders Capital Management, LLC15 / 80$314.6M
Collier Financial13 / 80$67.3M
Weik Capital Management13 / 80$118.0M

Ranked by the share of each fund's own book sitting in the names it shares with Confluence Investment Management LLC: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each position's share of the portfolio. Click a row for its position history.

283 positions
#SecurityValueShares% PortLast moveHistory
1iShares 0-3 Month Treasury Bon
COM
$176.5M1.75M
2.7%
−16%
Reduced · −338K sh
2Analog Devices Inc.
COM
$172.0M540.6K
2.7%
−7.7%
Reduced · −45K sh
3Lockheed Martin Corp.
COM
$163.0M269.6K
2.5%
−5.5%
Reduced · −16K sh
4Chevron Corp.
COM
$159.8M772.2K
2.5%
−3.6%
Reduced · −29K sh
5Snap-on Inc.
COM
$158.3M435.9K
2.5%
−7.1%
Reduced · −33K sh
6Chubb Ltd.
COM
$157.1M482.0K
2.4%
−5.7%
Reduced · −29K sh
7Hershey Co.
COM
$143.5M690.3K
2.2%
−1.1%
Reduced · −8K sh
8WEC Energy Group Inc.
COM
$143.2M1.24M
2.2%
−6.8%
Reduced · −90K sh
9Linde plc
COM
$140.3M283.1K
2.2%
−4.8%
Reduced · −14K sh
10Entergy Corp.
COM
$138.1M1.23M
2.1%
−4.5%
Reduced · −58K sh
11Fastenal Co.
COM
$137.7M2.97M
2.1%
−4.1%
Reduced · −126K sh
12Southern Co.
COM
$137.2M1.42M
2.1%
−4.3%
Reduced · −64K sh
13Mondelez International Inc.
COM
$121.8M2.11M
1.9%
+21%
Added · +371K sh
14Gilead Sciences Inc.
COM
$120.0M861.0K
1.9%
−5.4%
Reduced · −49K sh
15Cisco Systems Inc.
COM
$119.6M1.54M
1.9%
−4.8%
Reduced · −77K sh
16Kinder Morgan Inc.
COM
$117.0M3.49M
1.8%
−4.1%
Reduced · −148K sh
17Progressive Corp.
COM
$115.0M580.3K
1.8%
−2.9%
Reduced · −18K sh
18Honeywell International Inc.
COM
$113.0M499.9K
1.8%
−3.3%
Reduced · −17K sh
19American Water Works Co. Inc.
COM
$110.2M810.0K
1.7%
+2.1%
Added · +17K sh
20Colgate-Palmolive Co.
COM
$106.5M1.25M
1.7%
−2.8%
Reduced · −37K sh
21Home Depot Inc.
COM
$105.2M319.9K
1.6%
−3.6%
Reduced · −12K sh
22Diageo plc
COM
$100.8M1.35M
1.6%
+23%
Added · +255K sh
23Clorox Co.
COM
$96.6M932.6K
1.5%
+20%
Added · +156K sh
24Northern Trust Corp.
COM
$94.9M680.3K
1.5%
−38%
Reduced · −423K sh
25U.S. Bancorp
COM
$92.8M1.78M
1.4%
−3.4%
Reduced · −62K sh
26Fidelity National Financial In
COM
$90.8M1.96M
1.4%
−4.1%
Reduced · −84K sh
27Paychex Inc.
COM
$89.3M969.8K
1.4%
−1.8%
Reduced · −17K sh
28Broadridge Financial Solutions
COM
$86.8M534.4K
1.3%
−4.0%
Reduced · −22K sh
29T. Rowe Price Group Inc.
COM
$86.8M963.2K
1.3%
+2.1%
Added · +19K sh
30SPDR Portfolio Mortgage Backed
COM
$86.3M3.85M
1.3%
−9.5%
Reduced · −407K sh
31Nordson Corp.
COM
$82.0M308.3K
1.3%
−6.2%
Reduced · −20K sh
32Dow Inc.
COM
$77.9M1.87M
1.2%
+18%
Added · +281K sh
33W. R. Berkley Corp.
COM
$73.8M1.11M
1.1%
−5.8%
Reduced · −68K sh
34Mastercard Inc.
COM
$73.2M146.5K
1.1%
−5.7%
Reduced · −9K sh
35SPDR Portfolio Developed World
COM
$72.7M1.59M
1.1%
−2.7%
Reduced · −45K sh
36TJX Co. Inc.
COM
$71.3M446.5K
1.1%
−23%
Reduced · −131K sh
37Stryker Corp.
COM
$68.4M208.1K
1.1%
−5.1%
Reduced · −11K sh
38Accenture plc
COM
$67.6M340.8K
1.0%
+2.6%
Added · +9K sh
39Air Products and Chemicals Inc
COM
$63.2M217.5K
1.0%
+14%
Added · +27K sh
40Ares Capital Corp.
COM
$61.9M3.44M
1.0%
−3.0%
Reduced · −107K sh
41S&P Global Inc.
COM
$57.1M134.3K
0.9%
−4.2%
Reduced · −6K sh
42Microsoft Corp.
COM
$55.0M148.6K
0.9%
−3.9%
Reduced · −6K sh
43Illinois Tool Works Inc.
COM
$53.9M207.2K
0.8%
−4.0%
Reduced · −9K sh
44SPDR Portfolio S&P 500 Growth
COM
$51.7M528.4K
0.8%
+3.0%
Added · +16K sh
45Keysight Technologies Inc.
COM
$50.7M179.5K
0.8%
−46%
Reduced · −155K sh
46Masco Corp.
COM
$50.0M828.6K
0.8%
−4.0%
Reduced · −34K sh
47Lowe's Co. Inc.
COM
$49.6M210.1K
0.8%
−6.1%
Reduced · −14K sh
48Alphabet Inc.
COM
$49.6M172.9K
0.8%
−5.3%
Reduced · −10K sh
49Graco Inc.
COM
$49.6M585.7K
0.8%
−6.0%
Reduced · −37K sh
50Paycom Software Inc.
COM
$49.6M407.7K
0.8%
+28%
Added · +88K sh
Showing 50 of 283 positions
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Filing history

As-of date vs the date the SEC received each filing

$7.5B · Q4 2021Q2 2020 · $6.0BQ1 2026 · $6.4B

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q1 2026Mar 31, 2026Apr 1, 20261d414$6.4B13F-HR
Q4 2025Dec 31, 2025Jan 5, 20265d458$6.7B13F-HR
Q3 2025Sep 30, 2025Oct 14, 202514d456$7.0B13F-HR
Q2 2025Jun 30, 2025Jul 1, 20251d451$7.1B13F-HR
Q1 2025Mar 31, 2025Apr 1, 20251d462$6.9B13F-HR
Q4 2024Dec 31, 2024Jan 2, 20252d359$7.2B13F-HR
Q3 2024Sep 30, 2024Oct 31, 202431d357$7.5B13F-HR
Q2 2024Jun 30, 2024Jul 1, 20241d358$6.9B13F-HR
Q1 2024Mar 31, 2024Apr 1, 20241d353$7.4B13F-HR
Q4 2023Dec 31, 2023Nov 5, 2024310d352$7.1B13F-HR
Q3 2023Sep 30, 2023Oct 10, 202310d349$6.5B13F-HR
Q2 2023Jun 30, 2023Jul 3, 20233d354$6.9B13F-HR
Q1 2023Mar 31, 2023Apr 4, 20234d358$6.8B13F-HR
Q4 2022Dec 31, 2022Jan 4, 20234d368$6.7B13F-HR
Q3 2022Sep 30, 2022Oct 3, 20223d357$6.0B13F-HR
Q2 2022Jun 30, 2022Jul 12, 202212d369$6.4B13F-HR
Q1 2022Mar 31, 2022Apr 4, 20224d369$7.1B13F-HR
Q4 2021Dec 31, 2021Jan 4, 20224d363$7.5B13F-HR
Q3 2021Sep 30, 2021Oct 4, 20214d357$7.1B13F-HR
Q2 2021Jun 30, 2021Jul 1, 20211d358$7.5B13F-HR
Q1 2021Mar 31, 2021Apr 5, 20215d354$7.1B13F-HR
Q4 2020Dec 31, 2020Jan 25, 202125d356$6.7B13F-HR
Q3 2020Sep 30, 2020Oct 19, 202019d348$6.2B13F-HR
Q2 2020Jun 30, 2020Jul 1, 20201d344$6.0B13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.