CONFLUENCE INVESTMENT MANAGEMENT LLC

CIK

1442056

City

ST. LOUIS

State / Country

Stock

DCI — DONALDSON Co INC

Top Portfolio Positions

201 positions · $5,522,038,568 total · as of Mar 31, 2026

Ticker	Company	Shares	Value (USD)	% of Portfolio
ADI	Analog Devices Inc Technology	540,640	$171,999,209	3.11%
LMT	Lockheed Martin Corp Industrials	269,640	$162,967,718	2.95%
CVX	Chevron Corp Energy	772,243	$159,777,076	2.89%
SNA	Snap-on Inc Industrials	435,896	$158,326,144	2.87%
CB	Chubb Ltd Financial Services	482,043	$157,112,274	2.85%
HSY	Hershey Co Consumer Defensive	690,349	$143,516,652	2.60%
WEC	Wec Energy Group, Inc. Utilities	1,237,016	$143,209,341	2.59%
LIN	Linde PLC Basic Materials	283,072	$140,335,774	2.54%
ETR	Entergy Corp /De/ Utilities	1,229,287	$138,122,687	2.50%
FAST	Fastenal Co Industrials	2,966,722	$137,655,900	2.49%

25 quarters · across all stocks

25 quarters on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$22,551,911	265,723	-8.8%	Shares	Sole	2026-04-01
2025-12-31	$25,833,928	291,382	-4.1%	Shares	Sole	2026-01-05
2025-09-30	$24,867,339	303,816	-2.8%	Shares	Sole	2025-10-14
2025-06-30	$21,684,288	312,679	-1.9%	Shares	Sole	2025-07-01
2025-03-31	$21,381,008	318,834	-2.9%	Shares	Sole	2025-04-01
2024-12-31	$22,121,040	328,449	-1.3%	Shares	Sole	2025-01-02
2024-09-30	$24,533,845	332,888	-0.7%	Shares	Sole	2024-10-31
2024-06-30	$23,984,049	335,160	+0.0%	Shares	Sole	2024-07-01
2024-03-31	$25,017,800	335,000	-1.7%	Shares	Sole	2024-04-01
2023-12-31	$22,272,717	340,822	-0.2%	Shares	Sole	2024-11-05
2023-09-30	$20,366,105	341,484	-0.1%	Shares	Sole	2023-10-10
2023-06-30	$21,358,104	341,675	+1.2%	Shares	Sole	2023-07-03
2023-03-31	$22,067,016	337,726	+1.4%	Shares	Sole	2023-04-04
2022-12-31	$19,611,068	333,125	+1.6%	Shares	Sole	2023-01-04
2022-09-30	$16,073,711	327,968	+2.3%	Shares	Sole	2022-10-03
2022-06-30	$15,436,909	320,667	+2.7%	Shares	Sole	2022-07-12
2022-03-31	$16,222,049	312,383	+2.8%	Shares	Sole	2022-04-04
2021-12-31	$18,003,958	303,813	-20.6%	Shares	Sole	2022-01-04
2021-09-30	$21,972,586	382,731	-17.2%	Shares	Sole	2021-10-04
2021-06-30	$29,356,323	462,086	+1.6%	Shares	Sole	2021-07-01
2021-03-31	$26,444,188	454,680	-0.2%	Shares	Sole	2021-04-05
2020-12-31	$25,468,092	455,764	-1.1%	Shares	Sole	2021-01-25
2020-09-30	$21,397,623	460,957	-0.8%	Shares	Sole	2020-10-19
2020-06-30	$21,626,310	464,882	+1.3%	Shares	Sole	2020-07-01
2020-03-31	$17,719,194	458,690	—	Shares	Sole	2020-06-03
No 13F history on record for this holder in this stock.