Confluence Wealth Management LLC

CIK

1606810

Location

Portland, OR

Portfolio Value

Small $150,225,434

Diversification

Diversified

Filing Date

Global Rank

#3,891 / 5,416 ▼ 164 · as of Sep 2020

Top Industry

Internet Content & Information 6.0%

Period ended 6 years ago

Filed Oct 26, 2020 · 6y

3 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2020, never from the firm's own description.

Style

Diversified active

Top 10 weight 51.4%, 26.6 effective positions, active share 69.5% against the S&P 500 as of 2020-09-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Horizon unknown

The value-weighted holding period is at least 2.9 quarters, but 94.6% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2020-09-30, active share 69.5%; sector active share 23.7% against the combined 13F book's sector weights.

Over time 3 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

112 tracked positions · as of Sep 30, 2020 · Δ vs Jun 30, 2020

Top Position

9.1%

−7.0 pts

Top 5

37.7%

−5.0 pts

Top 10

51.4%

−5.0 pts

HHI

376

Diversified−145

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2020

Sector	% Portfolio	Value	Positions
Unclassified	50.6%	$75,966,548	37
Technology	8.8%	$13,254,445	9
Financial Services	7.5%	$11,262,179	11
Consumer Cyclical	7.1%	$10,618,367	7
Healthcare	6.9%	$10,373,848	10
Consumer Defensive	6.1%	$9,205,638	12
Communication Services	5.2%	$7,816,768	7
Industrials	2.6%	$3,933,362	6
Utilities	2.4%	$3,607,784	6
Real Estate	1.4%	$2,094,724	2
Basic Materials	0.8%	$1,128,888	2
Energy	0.6%	$962,883	3

Last Quarter's Activity

Export CSV

Sep 30, 2020 vs Jun 30, 2020

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
EFA	iShares MSCI EAFE ETF	+79,658	186,022	$0
EEM	iShares MSCI Emerging Markets ETF	+56,946	155,789	$6,868,737
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	+11,967	46,175	$1,996,607
SCHA	Schwab U.S. Small-Cap ETF	+11,049	89,554	$6,118,329
SCHE	Schwab Emerging Markets Equity ETF	+9,797	153,325	$4,102,977
EFV	iShares MSCI EAFE Value ETF	+9,280	19,480	$0
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	+6,240	13,132	$1,090,612
AGG	iShares Core U.S. Aggregate Bond ETF	+5,949	10,449	$0
VLO	Valero Energy Corp	+5,267	12,333	$534,265
MDY	Spdr S&P Midcap 400 ETF Trust	+4,467	33,593	$11,382,316
SUB	iShares Short-Term National Muni Bond ETF	+4,384	14,129	$0
USB	US Bancorp De	+3,750	45,156	$1,618,842
PFE	Pfizer Inc	+3,257	16,232	$595,713
HON	Honeywell International Inc	+2,404	3,895	$641,155
SPY	Spdr S&P 500 ETF Trust	+2,377	28,038	$9,389,645
AAPL	Apple Inc.	+2,287	19,028	$2,203,632
MUB	iShares National Muni Bond ETF	+2,217	12,862	$0
BRK-B	Berkshire Hathaway Inc	+1,590	6,350	$1,352,169
CSCO	Cisco Systems, Inc.	+1,550	11,005	$433,486
ACN	Accenture plc	+1,044	4,921	$1,112,096
SMG	Scotts Miracle-Gro Co	+896	3,405	$520,658
SBUX	Starbucks Corp	+801	20,877	$1,793,751
META	Meta Platforms, Inc.	+621	9,176	$2,403,194
TMO	Thermo Fisher Scientific Inc.	+507	5,866	$2,589,956
APD	Air Products & Chemicals, Inc.	+483	2,042	$608,230
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SCHO	Schwab Short-Term U.S. Treasury ETF	−68,950	14,851	$764,826
SCHM	Schwab U.S. Mid-Cap ETF	−54,150	10,012	$555,464
EFG	iShares MSCI EAFE Growth ETF	−50,767	3,432	$0
IWF	iShares Russell 1000 Growth ETF	−22,568	17,571	$0
EW	Edwards Lifesciences Corp	−12,468	5,323	$424,881
WFC	Wells Fargo & Company	−11,118	6,250	$146,937
IWD	iShares Russell 1000 Value ETF	−8,877	9,657	$0
BNDX	Vanguard Total International Bond ETF	−6,790	234,329	$13,635,604
IWR	iShares Russell Mid-Cap ETF	−5,479	137,052	$0
INTC	Intel Corp	−5,293	23,149	$1,198,655
IWB	iShares Russell 1000 ETF	−3,364	14,997	$0
XOM	ExxonMobil Holdings Corp	−2,711	4,287	$147,172
D	Dominion Energy, Inc	−2,267	4,048	$319,508
AVA	Avista Corp	−2,218	7,041	$240,238
PG	PROCTER & GAMBLE Co	−2,029	4,668	$648,805
GIS	General Mills Inc	−2,015	6,333	$390,619
VZ	Verizon Communications Inc	−1,758	8,821	$524,761
—		−1,749	5,210	$679,436
—		−1,564	38,138	$4,490,368
LRCX	Lam Research Corp	−1,564	3,010	$998,567
CMS	Cms Energy Corp	−1,373	6,511	$399,840
ADBE	Adobe Inc.	−1,247	3,635	$1,782,713
ROST	Ross Stores, Inc.	−1,180	7,890	$736,294
SPGI	S&P Global Inc.	−1,015	2,197	$792,238
MMM	3M Co	−982	1,569	$251,322
No positions match the current search.

New Positions

Positions the filer opened this quarter

20 positions

Ticker	Company	Shares	Value
MKC	Mccormick & Co Inc	5,325	$1,033,582
MRSH	Marsh & Mclennan Companies, Inc.	8,588	$985,043
EXR	Extra Space Storage Inc.	9,102	$973,822
CLX	Clorox Co	3,394	$713,316
—		4,555	$452,448
DBEF	Xtrackers MSCI EAFE Hedged Equity ETF	12,084	$369,770
SCHW	Schwab Charles Corp	9,850	$356,865
RCL	Royal Caribbean Cruises Ltd	5,487	$355,173
ILMN	Illumina, Inc.	948	$293,007
MET	Metlife Inc	7,863	$292,267
ADM	Archer-Daniels-Midland Co	6,230	$289,632
VFH	VANGUARD FINANCIALS INDEX FUND	4,859	$284,251
EOG	Eog Resources Inc	7,831	$281,446
HAS	Hasbro, Inc.	3,021	$249,897
SCHZ	Schwab U.S. Aggregate Bond ETF	4,283	$240,190
KO	Coca Cola Co	4,037	$199,306
ED	Consolidated Edison Inc	2,306	$179,406
—		8,334	$0
IJJ	iShares S&P Mid-Cap 400 Value ETF	9,230	$0
HEFA	iShares Currency Hedged MSCI EAFE ETF	36,958	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

10 positions

Ticker	Company	Shares	Value
SCHF	Schwab International Equity ETF	189,862	$5,648,394
SCHX	Schwab U.S. Large-Cap ETF	33,107	$2,453,228
NOW	ServiceNow, Inc.	2,655	$1,075,434
CDNS	Cadence Design Systems Inc	8,302	$796,659
MCD	Mcdonalds Corp	1,868	$344,589
VIG	Vanguard Specialized Funds	2,531	$296,582
CVX	Chevron Corp	3,215	$286,874
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	7,200	$272,520
MO	Altria Group, Inc.	5,174	$203,079
—		10,604	$113,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

112 tracked positions · $150,225,434 total · filing declares 114 positions · $204,161,000 · as of Sep 30, 2020

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 112 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
BNDX	Vanguard Total International Bond ETF	Reduced	234,329	-6,790	$13,635,604	−2.0%	3+	before history	9.08%
MDY	Spdr S&P Midcap 400 ETF Trust	Added	33,593	+4,467	$11,382,316	+20.4%	3+	before history	7.58%
QDF	FlexShares Quality Dividend Index Fund	Reduced	226,604	-444	$10,117,868	+5.5%	3+	before history	6.74%
SPY	Spdr S&P 500 ETF Trust	Added	28,038	+2,377	$9,389,645	+18.7%	3+	before history	6.25%
EEM	iShares MSCI Emerging Markets ETF	Added	155,789	+56,946	$6,868,737	+73.8%	3+	before history	4.57%
SCHA	Schwab U.S. Small-Cap ETF	Added	89,554	+11,049	$6,118,329	+19.3%	3+	before history	4.07%
		Reduced	38,138	-1,564	$4,490,368	−3.9%	3+	before history	2.99%
SCHE	Schwab Emerging Markets Equity ETF	Added	153,325	+9,797	$4,102,977	+17.4%	3+	before history	2.73%
MSFT	Microsoft Corp Technology	Reduced	17,769	-193	$3,737,353	+2.2%	3+	before history	2.49%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	951	-30	$2,994,442	+10.6%	3+	before history	1.99%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	5,866	+507	$2,589,956	+33.4%	3+	before history	1.72%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	14,442	-221	$2,459,617	+7.2%	3+	before history	1.64%
ISRG	Intuitive Surgical Inc Healthcare	Added	3,399	+59	$2,411,726	+26.7%	3+	before history	1.61%
META	Meta Platforms, Inc. Communication Services	Added	9,176	+621	$2,403,194	+23.7%	3+	before history	1.60%
NKE	NIKE, Inc. Consumer Cyclical	Reduced	18,601	-686	$2,335,169	+23.5%	3+	before history	1.55%
AAPL	Apple Inc. Technology	Added	19,028	+2,287	$2,203,632	−63.9%	3+	before history	1.47%
HD	Home Depot, Inc. Consumer Cyclical	Added	7,755	+424	$2,153,641	+17.3%	3+	before history	1.43%
COST	Costco Wholesale Corp Consumer Defensive	Added	5,794	+39	$2,056,870	+17.9%	3+	before history	1.37%
GOOGL	Alphabet Inc. Communication Services	Reduced	1,399	-119	$2,050,374	−4.7%	3+	before history	1.36%
NEE	Nextera Energy Inc Utilities	Reduced	7,276	-194	$2,019,526	+12.6%	3+	before history	1.34%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Added	46,175	+11,967	$1,996,607	+47.4%	3+	before history	1.33%
ICE	Intercontinental Exchange, Inc. Financial Services	Added	18,657	+367	$1,866,632	+11.4%	3+	before history	1.24%
SBUX	Starbucks Corp Consumer Cyclical	Added	20,877	+801	$1,793,751	+21.4%	3+	before history	1.19%
ADBE	Adobe Inc. Technology	Reduced	3,635	-1,247	$1,782,713	−16.1%	3+	before history	1.19%
USB	US Bancorp De Financial Services	Added	45,156	+3,750	$1,618,842	+6.2%	3+	before history	1.08%
NFLX	Netflix Inc Communication Services	Reduced	3,068	-121	$1,534,092	+5.7%	3+	before history	1.02%
JPM	Jpmorgan Chase & Co Financial Services	Added	14,730	+354	$1,418,057	+4.9%	3+	before history	0.94%
FISV	Fiserv Inc	Reduced	13,451	-681	$1,386,125	+0.5%	3+	before history	0.92%
V	Visa Inc. Financial Services	Added	6,783	+308	$1,356,396	+8.4%	3+	before history	0.90%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	6,350	+1,590	$1,352,169	+59.1%	3+	before history	0.90%
DG	Dollar General Corp Consumer Defensive	Reduced	5,903	-884	$1,237,386	−4.3%	3+	before history	0.82%
INTC	Intel Corp Technology	Reduced	23,149	-5,293	$1,198,655	−29.6%	3+	before history	0.80%
ROP	Roper Technologies Inc Technology	Added	2,850	+5	$1,126,063	+1.9%	3+	before history	0.75%
AMT	American Tower Corp Real Estate	Reduced	4,637	-961	$1,120,902	−22.6%	3+	before history	0.75%
ACN	Accenture plc Technology	Added	4,921	+1,044	$1,112,096	+33.6%	3+	before history	0.74%
NOC	Northrop Grumman Corp Industrials	Reduced	3,464	-91	$1,092,857	−0.0%	3+	before history	0.73%
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	Added	13,132	+6,240	$1,090,612	+90.4%	3+	before history	0.73%
MA	Mastercard Inc Financial Services	Reduced	3,184	-102	$1,076,733	+10.8%	3+	before history	0.72%
MKC	Mccormick & Co Inc Consumer Defensive	NEW	5,325	NEW	$1,033,582	NEW	1	$195.75	0.69%
IDXX	Idexx Laboratories Inc Healthcare	Reduced	2,601	-317	$1,022,479	+6.1%	3+	before history	0.68%
UNH	Unitedhealth Group Inc Healthcare	Added	3,262	+30	$1,016,993	+6.7%	3+	before history	0.68%
LRCX	Lam Research Corp Technology	Reduced	3,010	-1,564	$998,567	−32.5%	3+	before history	0.66%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	NEW	8,588	NEW	$985,043	NEW	1	$114.59	0.66%
EXR	Extra Space Storage Inc. Real Estate	NEW	9,102	NEW	$973,822	NEW	1	$103.36	0.65%
BA	Boeing Co Industrials	Reduced	5,652	-268	$934,049	−13.9%	3+	before history	0.62%
STZ	Constellation Brands, Inc. Consumer Defensive	Added	4,703	+173	$891,265	+12.5%	3+	before history	0.59%
SYY	Sysco Corp Consumer Defensive	Added	13,978	+145	$869,711	+15.0%	3+	before history	0.58%
JNJ	Johnson & Johnson Healthcare	Reduced	5,577	-432	$830,303	−1.7%	3+	before history	0.55%
SPGI	S&P Global Inc. Financial Services	Reduced	2,197	-1,015	$792,238	−25.1%	3+	before history	0.53%
SCHO	Schwab Short-Term U.S. Treasury ETF	Reduced	14,851	-68,950	$764,826	−82.3%	3+	before history	0.51%

Showing the top 50 of 112 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.