Titelia

Holdings of CONFLUENCE INVESTMENT MANAGEMENT LLC

234 declared positions · as of Mar 31, 2026

Original filing · Ten largest lines: 26.2 % of the equity sleeve

Sector breakdown

  • Consumer staples 11.6 %
  • Industrials 11.0 %
  • Financials 9.9 %
  • Utilities 9.0 %
  • Technology 8.8 %
  • Consumer discretionary 5.9 %
  • Funds 5.4 %
  • Health care 4.9 %
  • Materials 4.3 %
  • Energy 2.5 %
  • Communication 1.1 %
  • Unattributed 25.4 %

Titelia classification, company by company. The unattributed share stays visible.

Currency breakdown

  • USD 100.0 %

The quoted currency of each line, as declared.

Country breakdown

  • US 97.4 %
  • GB 1.8 %
  • JP 0.2 %
  • CH 0.1 %
  • FR 0.1 %
  • MX 0.1 %
  • NL 0.1 %
  • AU 0.1 %
  • TW 0.1 %
  • HK 0.1 %
  • DE 0.0 %
  • SG 0.0 %
  • Other countries 0.1 %

Shares computed on the equity sleeve.

RankCountryLinesValueShare
1US1825.7B $97.39 %
2GB5106.3M $1.82 %
3JP79.6M $0.16 %
4CH46.6M $0.11 %
5FR44.6M $0.08 %
6MX64.1M $0.07 %
7NL33.7M $0.06 %
8AU23.4M $0.06 %
9TW23.4M $0.06 %
10HK22.9M $0.05 %
11DE32.2M $0.04 %
12SG11.8M $0.03 %

Positions

RankCompanySharesValueWeight
101VanEck Gold Miners ETF/USA 63,6915.8M $
102Main Street Capital Corp. 90,9584.8M $
103Invesco National AMT-Free Municipal Bond ETF 208,7814.8M $
104Vail Resorts Inc 37,2034.8M $
105TripAdvisor Inc 410,7914.4M $
106GOLUB CAPITAL BDC INC 326,8784.1M $
107Hercules Capital Inc 273,3434M $
108Cavco Industries Inc 7,9903.9M $
109iShares Trust 18,0993.9M $
110Sixth Street Specialty Lending Inc 207,7903.8M $
111Berkshire Hathaway Inc 53.6M $
112Blackstone Secured Lending Fund 144,0473.4M $
113iShares National Muni Bond ETF 31,6623.4M $
114CONMED Corp 93,5303.3M $
115State Street SPDR Nuveen ICE High Yield Municipal Bond ETF 124,9053.1M $
116VanEck ETF Trust 169,9533M $
117Taiwan Semiconductor Manufacturing Co Ltd 8,5972.9M $
118I3 Verticals Inc 120,3142.7M $
119Barings BDC Inc 307,8722.5M $
120Blue Owl Capital Corp 224,3652.5M $
121Core Natural Resources Inc 22,1762.3M $
122Sandoz Group AG 28,4792.2M $
123New Mountain Finance Corp 277,5712.2M $
124CAPITAL SOUTHWEST CORP 95,3392.1M $
125Woodside Energy Group Ltd 87,1462.1M $
126Vista Energy SAB de CV 26,8272M $
127Knowles Corp 76,9222M $
128ASML Holding NV 1,4401.9M $
129Mitsubishi UFJ Financial Group Inc 111,4321.9M $
130Movado Group Inc 74,5551.8M $
131SELECT SECTOR SPDR TRUST (THE) 16,1201.8M $
132Glencore PLC 117,1591.8M $
133DBS Group Holdings Ltd 9,7831.8M $
134Mitsui & Co Ltd 2,2531.7M $
135Disco Corp 42,7981.7M $
136Littelfuse Inc 4,9911.7M $
137Newmont Corp 15,0671.6M $
138Southern Copper Corp 9,3221.6M $
139Exxon Mobil Corp 9,3311.6M $
140Stewart Information Services Corp 25,4611.6M $
141BAE Systems PLC 13,3051.6M $
142ING Groep NV 59,0031.5M $
143Shell PLC 16,4351.5M $
144Zurich Insurance Group AG 42,9501.5M $
145Spectrum Brands Holdings Inc 20,3971.5M $
146FS KKR Capital Corp 147,6051.5M $
147VanEck ETF Trust 12,4911.5M $
148HKEX 29,5631.5M $
149Royal Gold Inc 5,8771.5M $
150Hagerty Inc 140,8411.5M $
151Safran SA 18,0791.5M $
152RBC Bearings Inc 2,7221.5M $
153Tokio Marine Holdings Inc 30,5341.4M $
154Techtronic Industries Co Ltd 21,5431.4M $
155Coterra Energy Inc 39,3071.4M $
156Anglo American PLC 63,3161.4M $
157EQT Corp 21,3541.4M $
158Freeport-McMoRan Inc 22,8701.3M $
159Lynas Rare Earths Ltd 99,1061.3M $
160MidCap Financial Investment Corp 117,1821.3M $
161ITOCHU Corp 101,9041.3M $
162Chugai Pharmaceutical Co Ltd 47,1001.3M $
163BNP Paribas SA 27,1501.3M $
164Hayward Holdings Inc 93,4081.2M $
165Sony Group Corp 58,9461.2M $
166Oaktree Specialty Lending Corp 106,8511.2M $
167John B Sanfilippo & Son Inc 15,0011.2M $
168UFP Industries Inc 12,9001.2M $
169Haemonetics Corp 20,6241.2M $
170Expand Energy Corp 10,5421.2M $
171Esab Corp 11,8171.1M $
172Rheinmetall AG 3,1991.1M $
173Bain Capital Specialty Finance Inc 86,6841.1M $
174L'Oreal SA 13,0181.1M $
175Vulcan Materials Co 3,9131.1M $
176Marten Transport Ltd 80,6131.1M $
177Komatsu Ltd 26,9071.1M $
178Haleon PLC 104,3891M $
179Uranium Energy Corp 76,8011M $
180Kayne Anderson BDC Inc 74,9671M $
181Roche Holding AG 20,6671M $
182Nintendo Co Ltd 70,4781M $
183UFP Technologies Inc 5,097986.8K $
184abrdn Platinum ETF Trust 5,440969.6K $
185Alibaba Group Holding Ltd 7,690964.8K $
186Morgan Stanley Direct Lending Fund 67,321939.8K $
187SAP SE 5,423928.5K $
188Wal-Mart de Mexico SAB de CV 28,473926.2K $
189SLR Investment Corp 63,966915.4K $
190Enovis Corp 39,936908.5K $
191J & J Snack Foods Corp 11,389902.8K $
192Unilever PLC 15,411878K $
193Nuveen Churchill Direct Lending Corp 68,743874.4K $
194Winnebago Industries Inc 26,585823.9K $
195Franklin Street Properties Corp 1,231,656818.4K $
196Curtiss-Wright Corp 1,160790.1K $
197LVMH Moet Hennessy Louis Vuitton SE 7,142780.2K $
198American Express Co 2,400726K $
199Sea Ltd 8,232681.7K $
200Gold Fields Ltd 14,856674.5K $