CONFLUENCE INVESTMENT MANAGEMENT LLC

CIK

1442056

City

ST. LOUIS

State / Country

Stock

NMFC — New Mountain Finance Corp

Top Portfolio Positions

190 positions · $5,429,063,003 total · as of Mar 31, 2026

Ticker	Company	Shares	Value (USD)	% of Portfolio
ADI	Analog Devices Inc Technology	540,640	$171,999,209	3.17%
LMT	Lockheed Martin Corp Industrials	269,640	$162,967,718	3.00%
CVX	Chevron Corp Energy	772,243	$159,777,076	2.94%
SNA	Snap-on Inc Industrials	435,896	$158,326,144	2.92%
CB	Chubb Ltd Financial Services	482,043	$157,112,274	2.89%
HSY	Hershey Co Consumer Defensive	690,349	$143,516,652	2.64%
WEC	Wec Energy Group, Inc. Utilities	1,237,016	$143,209,341	2.64%
LIN	Linde PLC Basic Materials	283,072	$140,335,774	2.58%
ETR	Entergy Corp /De/ Utilities	1,229,287	$138,122,687	2.54%
FAST	Fastenal Co Industrials	2,966,722	$137,655,900	2.54%

25 quarters · across all stocks

Compact Export CSV

25 quarters on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$2,153,950	277,571	-5.8%	Shares	Sole	2026-04-01
2025-12-31	$2,714,784	294,765	-7.4%	Shares	Sole	2026-01-05
2025-09-30	$3,067,698	318,226	-13.8%	Shares	Sole	2025-10-14
2025-06-30	$3,894,648	369,161	-15.8%	Shares	Sole	2025-07-01
2025-03-31	$4,838,662	438,682	+2.1%	Shares	Sole	2025-04-01
2024-12-31	$4,839,615	429,806	+0.3%	Shares	Sole	2025-01-02
2024-09-30	$5,131,441	428,334	+1.1%	Shares	Sole	2024-10-31
2024-06-30	$5,184,594	423,578	+2.2%	Shares	Sole	2024-07-01
2024-03-31	$5,248,952	414,282	+10.3%	Shares	Sole	2024-04-01
2023-12-31	$4,777,492	375,589	+0.1%	Shares	Sole	2024-11-05
2023-09-30	$4,861,196	375,382	+0.8%	Shares	Sole	2023-10-10
2023-06-30	$4,630,516	372,228	+0.3%	Shares	Sole	2023-07-03
2023-03-31	$4,514,351	370,941	-7.4%	Shares	Sole	2023-04-04
2022-12-31	$4,957,599	400,776	-0.1%	Shares	Sole	2023-01-04
2022-09-30	$4,626,931	401,295	-0.5%	Shares	Sole	2022-10-03
2022-06-30	$4,802,028	403,193	+0.3%	Shares	Sole	2022-07-12
2022-03-31	$5,565,857	401,867	+0.1%	Shares	Sole	2022-04-04
2021-12-31	$5,501,235	401,550	-13.7%	Shares	Sole	2022-01-04
2021-09-30	$6,192,290	465,236	+0.3%	Shares	Sole	2021-10-04
2021-06-30	$6,105,795	463,614	+0.4%	Shares	Sole	2021-07-01
2021-03-31	$5,723,231	461,551	-11.3%	Shares	Sole	2021-04-05
2020-12-31	$5,911,664	520,393	-0.3%	Shares	Sole	2021-01-25
2020-09-30	$4,992,068	522,183	+0.0%	Shares	Sole	2020-10-19
2020-06-30	$4,848,868	521,945	-19.8%	Shares	Sole	2020-07-01
2020-03-31	$4,427,792	651,146	—	Shares	Sole	2020-04-08
No 13F history on record for this holder in this stock.