Confluence Investment Management
Confluence Investment Management reported 294 stocks worth $6B in its 13F filing for Q3 2026, filed Oct 1, 2026. Its largest holdings are SGOV (3.6%), CVX (2.4%) and CB (2.4%). Compared with Q2 2026, the fund opened new positions in WSO, SPTI and VRSK, added to ZTS, NKE and HONA, trimmed SGOV, CVX and CB and sold out of FAST, DOW and KEYS.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 8 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  SGOV Ishares TR | $217M | 3.6% | 2.2M | −635K (−23%) | 8 of 8 | |
| 2 |  CVX Chevron Corp New | $144M | 2.4% | 707K | −36K (−5%) | 8 of 8 | |
| 3 |  CB Chubb Ltd F | $141M | 2.4% | 434K | −27K (−6%) | 8 of 8 | |
| 4 |  ZTS Zoetis Inc | $130M | 2.2% | 1.9M | +1.4M (+300%) | 7 of 8 | |
| 5 |  LMT Lockheed Martin Corp | $126M | 2.1% | 247K | −12K (−5%) | 8 of 8 | |
| 6 |  LIN Linde PLC | $123M | 2.0% | 258K | −12K (−5%) | 8 of 8 | |
| 7 |  GILD Gilead Sciences Inc | $118M | 2.0% | 791K | −41K (−5%) | 8 of 8 | |
| 8 |  SWK STANLEY BLACK & DECKER INC | $115M | 1.9% | 1.3M | −46K (−3%) | 2 of 8 | |
| 9 |  WEC Wec Energy Group Inc | $115M | 1.9% | 1.1M | −50K (−4%) | 8 of 8 | |
| 10 |  MDLZ Mondelez Intl Inc | $114M | 1.9% | 2M | −78K (−4%) | 6 of 8 |
Positions at Sep 30, 2026, as reported. Change is against the fund's Q2 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q2 2026, gone in Q3 2026| Stock | Value last quarter | Shares sold |
|---|---|---|
 FAST Fastenal Co | $136M | 2.8M |
 DOW Dow Inc | $50.6M | 1.9M |
 KEYS Keysight Technologies | $22.6M | 65K |
 SHLD Global X Fds | $15.7M | 263K |
 GDX Vaneck ETF Trust | $5.3M | 70K |
🔒 Free account: see all 18.
Reported value
last 8 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q3 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Oct 1, 2026 | 13F-HR | Q3 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →Confluence Investment Management 13F FAQ
What does Confluence Investment Management own?
Confluence Investment Management reported 294 stocks worth $6B in its 13F filing for Q3 2026, filed Oct 1, 2026. Its largest holdings are SGOV (3.6%), CVX (2.4%) and CB (2.4%). The table above lists every position in the filing (the top 10 without an account).
What did Confluence Investment Management buy and sell in Q3 2026?
Compared with Q2 2026: 22 new positions, 113 added to, 148 trimmed and 18 sold out. New positions include WSO, SPTI and VRSK. It sold all of FAST, DOW and KEYS.
When will Confluence Investment Management file its next 13F?
Holdings as of Dec 31, 2026 are due by Feb 15, 2027. The filing appears on this page within minutes of reaching the SEC.
How much is Confluence Investment Management's portfolio worth?
The Q3 2026 filing reports $6B in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.