Q1 2026 · 13F-HR
CONFLUENCE INVESTMENT MANAGEMENT LLCholdings as filed
Filed 2026-04-01 · accession 0001442056-26-000004
$6.44B
Reported value
283
Positions
2026-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46436E718 | SGOV | iShares 0-3 Month Treasury Bon | $176.5M | 2.74% | 1,753,514 | Common | SOLE |
| 032654105 | ADI | Analog Devices Inc. | $172.0M | 2.67% | 540,640 | Common | SOLE |
| 539830109 | LMT | Lockheed Martin Corp. | $163.0M | 2.53% | 269,640 | Common | SOLE |
| 166764100 | CVX | Chevron Corp. | $159.8M | 2.48% | 772,243 | Common | SOLE |
| 833034101 | SNA | Snap-on Inc. | $158.3M | 2.46% | 435,896 | Common | SOLE |
| H1467J104 | CB | Chubb Ltd. | $157.1M | 2.44% | 482,043 | Common | SOLE |
| 427866108 | HSY | Hershey Co. | $143.5M | 2.23% | 690,349 | Common | SOLE |
| 92939U106 | WEC | WEC Energy Group Inc. | $143.2M | 2.22% | 1,237,016 | Common | SOLE |
| G54950103 | LIN | Linde plc | $140.3M | 2.18% | 283,072 | Common | SOLE |
| 29364G103 | ETR | Entergy Corp. | $138.1M | 2.14% | 1,229,287 | Common | SOLE |
| 311900104 | FAST | Fastenal Co. | $137.7M | 2.14% | 2,966,722 | Common | SOLE |
| 842587107 | SO | Southern Co. | $137.2M | 2.13% | 1,421,871 | Common | SOLE |
| 609207105 | MDLZ | Mondelez International Inc. | $121.8M | 1.89% | 2,112,856 | Common | SOLE |
| 375558103 | GILD | Gilead Sciences Inc. | $120.0M | 1.86% | 861,023 | Common | SOLE |
| 17275R102 | CSCO | Cisco Systems Inc. | $119.6M | 1.86% | 1,540,946 | Common | SOLE |
| 49456B101 | KMI | Kinder Morgan Inc. | $117.0M | 1.82% | 3,489,006 | Common | SOLE |
| 743315103 | PGR | Progressive Corp. | $115.0M | 1.79% | 580,259 | Common | SOLE |
| 438516106 | HON | Honeywell International Inc. | $113.0M | 1.75% | 499,862 | Common | SOLE |
| 030420103 | AWK | American Water Works Co. Inc. | $110.2M | 1.71% | 809,958 | Common | SOLE |
| 194162103 | CL | Colgate-Palmolive Co. | $106.5M | 1.65% | 1,250,090 | Common | SOLE |
| 437076102 | HD | Home Depot Inc. | $105.2M | 1.63% | 319,923 | Common | SOLE |
| 25243Q205 | DEO | Diageo plc | $100.8M | 1.56% | 1,353,434 | Common | SOLE |
| 189054109 | CLX | Clorox Co. | $96.6M | 1.50% | 932,575 | Common | SOLE |
| 665859104 | NTRS | Northern Trust Corp. | $94.9M | 1.47% | 680,260 | Common | SOLE |
| 902973304 | USB | U.S. Bancorp | $92.8M | 1.44% | 1,784,403 | Common | SOLE |
| 31620R303 | FNF | Fidelity National Financial In | $90.8M | 1.41% | 1,957,007 | Common | SOLE |
| 704326107 | PAYX | Paychex Inc. | $89.3M | 1.39% | 969,809 | Common | SOLE |
| 11133T103 | BR | Broadridge Financial Solutions | $86.8M | 1.35% | 534,393 | Common | SOLE |
| 74144T108 | TROW | T. Rowe Price Group Inc. | $86.8M | 1.35% | 963,167 | Common | SOLE |
| 78464A383 | SPMB | SPDR Portfolio Mortgage Backed | $86.3M | 1.34% | 3,853,493 | Common | SOLE |
| 655663102 | NDSN | Nordson Corp. | $82.0M | 1.27% | 308,267 | Common | SOLE |
| 260557103 | DOW | Dow Inc. | $77.9M | 1.21% | 1,870,348 | Common | SOLE |
| 084423102 | WRB | W. R. Berkley Corp. | $73.8M | 1.15% | 1,113,400 | Common | SOLE |
| 57636Q104 | MA | Mastercard Inc. | $73.2M | 1.14% | 146,534 | Common | SOLE |
| 78463X889 | SPDW | SPDR Portfolio Developed World | $72.7M | 1.13% | 1,592,493 | Common | SOLE |
| 872540109 | TJX | TJX Co. Inc. | $71.3M | 1.11% | 446,526 | Common | SOLE |
| 863667101 | SYK | Stryker Corp. | $68.4M | 1.06% | 208,059 | Common | SOLE |
| G1151C101 | ACN | Accenture plc | $67.6M | 1.05% | 340,812 | Common | SOLE |
| 009158106 | APD | Air Products and Chemicals Inc | $63.2M | 0.98% | 217,487 | Common | SOLE |
| 04010L103 | ARCC | Ares Capital Corp. | $61.9M | 0.96% | 3,435,289 | Common | SOLE |
| 78409V104 | SPGI | S&P Global Inc. | $57.1M | 0.89% | 134,280 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp. | $55.0M | 0.85% | 148,611 | Common | SOLE |
| 452308109 | ITW | Illinois Tool Works Inc. | $53.9M | 0.84% | 207,159 | Common | SOLE |
| 78464A409 | SPYG | SPDR Portfolio S&P 500 Growth | $51.7M | 0.80% | 528,353 | Common | SOLE |
| 49338L103 | KEYS | Keysight Technologies Inc. | $50.7M | 0.79% | 179,504 | Common | SOLE |
| 574599106 | MAS | Masco Corp. | $50.0M | 0.78% | 828,604 | Common | SOLE |
| 548661107 | LOW | Lowe's Co. Inc. | $49.6M | 0.77% | 210,064 | Common | SOLE |
| 02079K107 | GOOG | Alphabet Inc. | $49.6M | 0.77% | 172,879 | Common | SOLE |
| 384109104 | GGG | Graco Inc. | $49.6M | 0.77% | 585,714 | Common | SOLE |
| 70432V102 | PAYC | Paycom Software Inc. | $49.6M | 0.77% | 407,747 | Common | SOLE |
| 78464a508 | — | SPDR Portfolio S&P 500 Value E | $44.7M | 0.69% | 790,404 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway Inc. - B | $44.7M | 0.69% | 93,261 | Common | SOLE |
| 883556102 | TMO | Thermo Fisher Scientific Inc. | $44.3M | 0.69% | 90,151 | Common | SOLE |
| N6596X109 | NXPI | NXP Semiconductors N.V. | $43.3M | 0.67% | 219,824 | Common | SOLE |
| G0450A105 | ACGL | Arch Capital Group Ltd. | $34.9M | 0.54% | 364,086 | Common | SOLE |
| 573284106 | MLM | Martin Marietta Materials Inc. | $33.5M | 0.52% | 56,855 | Common | SOLE |
| 115637209 | BF/B | Brown-Forman Corp. - B | $32.7M | 0.51% | 1,237,621 | Common | SOLE |
| 464288588 | MBB | iShares MBS ETF | $31.6M | 0.49% | 332,934 | Common | SOLE |
| 98149E303 | GLDM | SPDR Gold MiniShares Trust ETF | $30.9M | 0.48% | 332,974 | Common | SOLE |
| 617700109 | MORN | Morningstar Inc. | $30.0M | 0.47% | 177,568 | Common | SOLE |
| 14448c104 | — | Carrier Global Corp. | $28.8M | 0.45% | 511,137 | Common | SOLE |
| 855244109 | SBUX | Starbucks Corp. | $28.2M | 0.44% | 315,131 | Common | SOLE |
| 46436E148 | IBTO | iShares iBonds Dec 2033 Term T | $26.4M | 0.41% | 1,081,896 | Common | SOLE |
| 115236101 | BRO | Brown & Brown Inc. | $26.4M | 0.41% | 404,645 | Common | SOLE |
| 09857L108 | BKNG | Booking Holdings Inc. | $25.9M | 0.40% | 6,143 | Common | SOLE |
| 21036P108 | STZ | Constellation Brands | $25.7M | 0.40% | 171,647 | Common | SOLE |
| 46436e460 | — | iShares iBonds Dec 2031 Term T | $24.5M | 0.38% | 1,202,814 | Common | SOLE |
| 369550108 | GD | General Dynamics Corp. | $24.3M | 0.38% | 70,894 | Common | SOLE |
| 26875P101 | EOG | EOG Resources Inc. | $24.0M | 0.37% | 165,675 | Common | SOLE |
| 278865100 | ECL | Ecolab Inc. | $23.8M | 0.37% | 89,454 | Common | SOLE |
| 46438G646 | IBTP | iShares iBonds Dec 2034 Term T | $23.6M | 0.37% | 919,178 | Common | SOLE |
| 032095101 | APH | Amphenol Corp. | $23.5M | 0.36% | 185,611 | Common | SOLE |
| 891092108 | TTC | Toro Co. | $23.4M | 0.36% | 250,943 | Common | SOLE |
| 302130109 | EXPD | Expeditors International of Wa | $23.0M | 0.36% | 160,703 | Common | SOLE |
| 646025106 | NJR | New Jersey Resources Corp. | $22.9M | 0.36% | 416,958 | Common | SOLE |
| 257651109 | DCI | Donaldson Co. Inc. | $22.6M | 0.35% | 265,723 | Common | SOLE |
| 761152107 | RMD | ResMed Inc. | $22.4M | 0.35% | 99,845 | Common | SOLE |
| 749607107 | RLI | RLI Corp. | $21.8M | 0.34% | 382,149 | Common | SOLE |
| 580135101 | MCD | McDonald's Corp. | $21.7M | 0.34% | 69,902 | Common | SOLE |
| 824348106 | SHW | Sherwin-Williams Co. | $21.3M | 0.33% | 66,450 | Common | SOLE |
| 831865209 | AOS | A. O. Smith Corp. | $21.0M | 0.33% | 319,075 | Common | SOLE |
| 464288653 | TLH | iShares Barclays 10-20 Year Tr | $20.7M | 0.32% | 205,868 | Common | SOLE |
| 46438G422 | IBTQ | iShares iBonds Dec 2035 Term T | $20.4M | 0.32% | 807,886 | Common | SOLE |
| 46436E296 | IBTM | iShares iBonds Dec 2032 Term T | $18.4M | 0.29% | 804,094 | Common | SOLE |
| 742718109 | PG | Procter & Gamble Co. | $17.8M | 0.28% | 123,362 | Common | SOLE |
| G5960L103 | MDT | Medtronic plc | $17.8M | 0.28% | 205,401 | Common | SOLE |
| 159864107 | CRL | Charles River Laboratories Int | $17.3M | 0.27% | 100,534 | Common | SOLE |
| 98978V103 | ZTS | Zoetis Inc. | $16.8M | 0.26% | 141,863 | Common | SOLE |
| 46435U473 | HYBB | iShares BB Rated Corporate Bon | $16.3M | 0.25% | 350,424 | Common | SOLE |
| 256746108 | DLTR | Dollar Tree Inc. | $16.0M | 0.25% | 146,113 | Common | SOLE |
| 46434V738 | IEUR | iShares Core MSCI Europe ETF | $15.3M | 0.24% | 217,396 | Common | SOLE |
| 654106103 | NKE | NIKE Inc. | $14.9M | 0.23% | 282,354 | Common | SOLE |
| 464288661 | IEI | iShares 3-7 Year Treasury Bond | $14.9M | 0.23% | 125,466 | Common | SOLE |
| 075887109 | BDX | Becton Dickinson & Co. | $14.7M | 0.23% | 93,498 | Common | SOLE |
| 92047W101 | VVV | Valvoline Inc. | $14.5M | 0.23% | 431,559 | Common | SOLE |
| 89531P105 | TREX | Trex Company Inc. | $14.2M | 0.22% | 390,641 | Common | SOLE |
| 05589g102 | — | Baldwin Insurance Group Inc. | $14.0M | 0.22% | 638,637 | Common | SOLE |
| 928881101 | VNT | Vontier Corp. | $13.6M | 0.21% | 384,294 | Common | SOLE |
| 025072802 | AVDV | Avantis International Small Ca | $12.1M | 0.19% | 120,837 | Common | SOLE |
| 254687106 | DIS | Walt Disney Co. | $11.9M | 0.18% | 123,156 | Common | SOLE |
| 464288646 | IGSB | iShares 1-5 Year Investment Gr | $11.8M | 0.18% | 225,126 | Common | SOLE |
| 217204106 | CPRT | Copart Inc. | $10.4M | 0.16% | 313,965 | Common | SOLE |
| 78464A763 | SDY | SPDR S&P Dividend ETF | $10.0M | 0.16% | 68,710 | Common | SOLE |
| 25434V849 | DFNM | Dimensional National Municipal | $9.8M | 0.15% | 205,362 | Common | SOLE |
| 37960A529 | SHLD | Global X Defense Tech ETF | $8.7M | 0.14% | 123,276 | Common | SOLE |
| 46434G848 | PICK | iShares MSCI Global Metals & M | $8.1M | 0.13% | 143,972 | Common | SOLE |
| 46139W767 | BSMY | Invesco BulletShares 2034 Muni | $7.9M | 0.12% | 327,709 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF | $7.8M | 0.12% | 11,922 | Common | SOLE |
| 477839104 | JBTM | JBT Marel Corp. | $7.0M | 0.11% | 55,124 | Common | SOLE |
| 46436e593 | — | iShares iBonds Dec 2030 Term T | $7.0M | 0.11% | 353,634 | Common | SOLE |
| 46138j411 | — | Invesco BulletShares 2031 Muni | $6.5M | 0.10% | 311,374 | Common | SOLE |
| 46139W791 | BSSX | Invesco Bulletshares 2033 Muni | $6.0M | 0.09% | 237,863 | Common | SOLE |
| 92189F106 | GDX | VanEck Gold Miners ETF | $5.8M | 0.09% | 63,691 | Common | SOLE |
| 46138J353 | BSMZ | Invesco BulletShares 2035 Muni | $5.6M | 0.09% | 223,117 | Common | SOLE |
| 46139W833 | BSMW | Invesco BulletShares 2032 Munc | $5.3M | 0.08% | 212,666 | Common | SOLE |
| 56035L104 | MAIN | Main Street Capital Corp. | $4.8M | 0.07% | 90,958 | Common | SOLE |
| 46138E537 | PZA | Powershares Insured National M | $4.8M | 0.07% | 208,781 | Common | SOLE |
| 91879Q109 | MTN | Vail Resorts Inc. | $4.8M | 0.07% | 37,203 | Common | SOLE |
| 008474108 | AEM | Agnico Eagle Mines Ltd. | $4.7M | 0.07% | 23,296 | Common | SOLE |
| 896945201 | TRIP | TripAdvisor Inc. | $4.4M | 0.07% | 410,791 | Common | SOLE |
| 38173M102 | GBDC | Golub Capital BDC Inc. | $4.1M | 0.06% | 326,878 | Common | SOLE |
| 427096508 | HTGC | Hercules Capital Inc. | $4.0M | 0.06% | 273,343 | Common | SOLE |
| 46436E825 | IBTJ | iShares iBonds Dec 2029 Term T | $4.0M | 0.06% | 183,271 | Common | SOLE |
| 149568107 | CVCO | Cavco Industries Inc. | $3.9M | 0.06% | 7,990 | Common | SOLE |
| 464287598 | IWD | iShares Russell 1000 Value ETF | $3.9M | 0.06% | 18,099 | Common | SOLE |
| 83012A109 | TSLX | Sixth Street Specialty Lending | $3.8M | 0.06% | 207,790 | Common | SOLE |
| 084670108 | BRK/A | Berkshire Hathaway Inc. - A | $3.6M | 0.06% | 5 | Common | SOLE |
| 09261X102 | BXSL | Blackstone Secured Lending Fun | $3.4M | 0.05% | 144,047 | Common | SOLE |
| 464288414 | MUB | iShares National Muni Bond ETF | $3.4M | 0.05% | 31,662 | Common | SOLE |
| 207410101 | CNMD | CONMED Corp. | $3.3M | 0.05% | 93,530 | Common | SOLE |
| 78464A284 | HYMB | SPDR Nuveen S&P High Yield Mun | $3.1M | 0.05% | 124,905 | Common | SOLE |
| 92189F536 | MLN | VanEck Vectors Long Municipal | $3.0M | 0.05% | 169,953 | Common | SOLE |
| 78468R739 | SHM | SPDR Nuveen Barclays Capital S | $2.9M | 0.05% | 61,292 | Common | SOLE |
| 874039100 | TSM | Taiwan Semiconductor Manufactu | $2.9M | 0.05% | 8,597 | Common | SOLE |
| 46571Y107 | IIIV | i3 Verticals Inc. | $2.7M | 0.04% | 120,314 | Common | SOLE |
| 46138J445 | BSMU | Invesco BulletShares 2030 Muni | $2.7M | 0.04% | 123,052 | Common | SOLE |
| 06759l103 | — | Barings BDC Inc. | $2.5M | 0.04% | 307,872 | Common | SOLE |
| 46435U325 | IBMQ | iShares iBonds Dec 2028 Term M | $2.5M | 0.04% | 99,101 | Common | SOLE |
| 69121K104 | OBDC | Blue Owl Capital Corp. | $2.5M | 0.04% | 224,365 | Common | SOLE |
| 46138J478 | BSMT | Invesco BulletShares 2029 Muni | $2.4M | 0.04% | 104,378 | Common | SOLE |
| 218937100 | CNR | Core Natural Resources Inc. | $2.3M | 0.04% | 22,176 | Common | SOLE |
| 799926100 | SDZNY | Sandoz Group | $2.2M | 0.03% | 28,479 | Common | SOLE |
| 46436E163 | IBMR | iShares iBonds Dec 2029 Term M | $2.2M | 0.03% | 86,709 | Common | SOLE |
| 647551100 | NMFC | New Mountain Finance Corp. | $2.2M | 0.03% | 277,571 | Common | SOLE |
| 140501107 | CSWC | Capital Southwest Corp. | $2.1M | 0.03% | 95,339 | Common | SOLE |
| 980228308 | WDS | Woodside Energy Group Ltd. | $2.1M | 0.03% | 87,146 | Common | SOLE |
| 92837L109 | VIST | Vista Energy S.A.B. de C.V. | $2.0M | 0.03% | 26,827 | Common | SOLE |
| 49926D109 | KN | Knowles Corp. | $2.0M | 0.03% | 76,922 | Common | SOLE |
| N07059210 | ASML | ASML Holding N.V. | $1.9M | 0.03% | 1,440 | Common | SOLE |
| 606822104 | MUFG | Mitsubishi UFJ Financial | $1.9M | 0.03% | 111,432 | Common | SOLE |
| N00985106 | AER | AerCap Holdings N.V. | $1.9M | 0.03% | 13,613 | Common | SOLE |
| 624580106 | MOV | Movado Group Inc. | $1.8M | 0.03% | 74,555 | Common | SOLE |
| 81369Y852 | XLC | State Street Communication Ser | $1.8M | 0.03% | 16,120 | Common | SOLE |
| 37827X100 | GLNCY | Glencore plc | $1.8M | 0.03% | 117,159 | Common | SOLE |
| 23304y100 | — | DBS Group Holdings Ltd. | $1.8M | 0.03% | 9,783 | Common | SOLE |
| 606827202 | MITSY | Mitsui & Co. Ltd. | $1.7M | 0.03% | 2,253 | Common | SOLE |
| 25461D100 | DSCSY | Disco Corp. | $1.7M | 0.03% | 42,798 | Common | SOLE |
| 550372106 | LUNMF | Lundin Mining Corp. | $1.7M | 0.03% | 68,086 | Common | SOLE |
| 537008104 | LFUS | Littelfuse Inc. | $1.7M | 0.03% | 4,991 | Common | SOLE |
| 15135U109 | CVE | Cenovus Energy Inc. | $1.7M | 0.03% | 63,727 | Common | SOLE |
| 651639106 | NEM | Newmont Mining Corp. | $1.6M | 0.03% | 15,067 | Common | SOLE |
| G39108108 | GTES | Gates Industrial Corp. plc | $1.6M | 0.03% | 71,924 | Common | SOLE |
| 84265V105 | SCCO | Southern Copper Corp. | $1.6M | 0.02% | 9,322 | Common | SOLE |
| 30231G102 | XOM | Exxon Mobil Corp. | $1.6M | 0.02% | 9,331 | Common | SOLE |
| 860372101 | STC | Stewart Information Services C | $1.6M | 0.02% | 25,461 | Common | SOLE |
| 011532108 | AGI | Alamos Gold Inc. | $1.6M | 0.02% | 35,226 | Common | SOLE |
| 05523r107 | — | BAE Systems plc | $1.6M | 0.02% | 13,305 | Common | SOLE |
| 456837103 | ING | ING Groep N.V. | $1.5M | 0.02% | 59,003 | Common | SOLE |
| 780259305 | SHEL | Shell plc | $1.5M | 0.02% | 16,435 | Common | SOLE |
| 989825104 | ZURVY | Zurich Insurance Group A.G. | $1.5M | 0.02% | 42,950 | Common | SOLE |
| G0398N128 | ANFGF | Antofagasta plc | $1.5M | 0.02% | 34,178 | Common | SOLE |
| 84790a105 | — | Spectrum Brands Holdings Inc. | $1.5M | 0.02% | 20,397 | Common | SOLE |
| 302635206 | FSK | FS KKR Capital Corp. | $1.5M | 0.02% | 147,605 | Common | SOLE |
| 92189F791 | GDXJ | VanEck Junior Gold Miners ETF | $1.5M | 0.02% | 12,491 | Common | SOLE |
| 43858F109 | HKXCY | Hong Kong Exchanges and Cleari | $1.5M | 0.02% | 29,563 | Common | SOLE |
| 780287108 | RGLD | Royal Gold Inc. | $1.5M | 0.02% | 5,877 | Common | SOLE |
| 405166109 | HGTY | Hagerty Inc. | $1.5M | 0.02% | 140,841 | Common | SOLE |
| 786584102 | SAFRY | Safran S.A. | $1.5M | 0.02% | 18,079 | Common | SOLE |
| 136385101 | CNQ | Canadian Natural Resources Ltd | $1.5M | 0.02% | 30,370 | Common | SOLE |
| 75524B104 | RBC | RBC Bearings Inc. | $1.5M | 0.02% | 2,722 | Common | SOLE |
| 351858105 | FNV | Franco-Nevada Corp. | $1.4M | 0.02% | 5,863 | Common | SOLE |
| 889094108 | TKOMY | Tokio Marine Holdings Inc. | $1.4M | 0.02% | 30,534 | Common | SOLE |
| 87873R101 | TTNDY | Techtronic Industries Co. Ltd. | $1.4M | 0.02% | 21,543 | Common | SOLE |
| 962879102 | WPM | Wheaton Precious Metals Corp. | $1.4M | 0.02% | 10,617 | Common | SOLE |
| 127097103 | CTRA | Coterra Energy Inc. | $1.4M | 0.02% | 39,307 | Common | SOLE |
| 03485P409 | NGLOY | Amglo Am PLC ADR | $1.4M | 0.02% | 63,316 | Common | SOLE |
| 26884L109 | EQT | EQT Corp. | $1.4M | 0.02% | 21,354 | Common | SOLE |
| 35671D857 | FCX | Freeport-McMoRan Inc. | $1.3M | 0.02% | 22,870 | Common | SOLE |
| 335934105 | FQVLF | First Quantum Minerals Ltd. | $1.3M | 0.02% | 56,146 | Common | SOLE |
| 551073307 | LYSDY | Lynas Rare Earths Ltd. | $1.3M | 0.02% | 99,106 | Common | SOLE |
| 03761U502 | MFIC | MidCap Financial Investment Co | $1.3M | 0.02% | 117,182 | Common | SOLE |
| 465717106 | ITOCY | ITOCHU Corp. | $1.3M | 0.02% | 101,904 | Common | SOLE |
| 171269103 | CHGCY | Chugai Pharms Co. Ltd. | $1.3M | 0.02% | 47,100 | Common | SOLE |
| 05565A202 | BNPQY | BNP Paribas S.A. | $1.3M | 0.02% | 27,150 | Common | SOLE |
| 78464A821 | MDYG | SPDR S&P 400 Mid Cap Growth ET | $1.3M | 0.02% | 13,458 | Common | SOLE |
| 02215R107 | ASGTF | Altus Group Ltd. | $1.3M | 0.02% | 36,516 | Common | SOLE |
| 421298100 | HAYW | Hayward Holdings Inc. | $1.2M | 0.02% | 93,408 | Common | SOLE |
| 74347B680 | REGL | ProShares S&P MidCap 400 Divid | $1.2M | 0.02% | 14,360 | Common | SOLE |
| 835699307 | SONY | Sony Group Corp. | $1.2M | 0.02% | 58,946 | Common | SOLE |
| 67401P405 | OCSL | Oaktree Specialty Lending Corp | $1.2M | 0.02% | 106,851 | Common | SOLE |
| 800422107 | JBSS | John B Sanfilippo & Son Inc. | $1.2M | 0.02% | 15,001 | Common | SOLE |
| 90278Q108 | UFPI | UFP Industries Inc | $1.2M | 0.02% | 12,900 | Common | SOLE |
| 405024100 | HAE | Haemonetics Corp. | $1.2M | 0.02% | 20,624 | Common | SOLE |
| 165167735 | EXE | Expand Energy Corp. | $1.2M | 0.02% | 10,542 | Common | SOLE |
| 29605J106 | ESAB | ESAB Corp. | $1.1M | 0.02% | 11,817 | Common | SOLE |
| 248356107 | DNN | Denison Mines Corp. | $1.1M | 0.02% | 313,086 | Common | SOLE |
| 82509L107 | SHOP | Shopify Inc. | $1.1M | 0.02% | 9,298 | Common | SOLE |
| 76206K107 | RNMBY | Rheinmetall AG | $1.1M | 0.02% | 3,199 | Common | SOLE |
| 05684B107 | BCSF | Bain Capital Specialty Finance | $1.1M | 0.02% | 86,684 | Common | SOLE |
| 502117203 | LRLCY | L'Oreal S.A. | $1.1M | 0.02% | 13,018 | Common | SOLE |
| 929160109 | VMC | Vulcan Materials Co. | $1.1M | 0.02% | 3,913 | Common | SOLE |
| 573075108 | MRTN | Marten Transport Ltd. | $1.1M | 0.02% | 80,613 | Common | SOLE |
| 500458401 | KMTUY | Komatsu Ltd. | $1.1M | 0.02% | 26,907 | Common | SOLE |
| 65340P106 | NXE | NexGen Energy Ltd | $1.0M | 0.02% | 90,230 | Common | SOLE |
| 405552100 | HLN | Haleon plc | $1.0M | 0.02% | 104,389 | Common | SOLE |
| 916896103 | UEC | Uranium Energy Corp. | $1.0M | 0.02% | 76,801 | Common | SOLE |
| 48662X105 | KBDC | Kayne Anderson BDC | $1.0M | 0.02% | 74,967 | Common | SOLE |
| 771195104 | RHHBY | Roche Holding A.G. | $1.0M | 0.02% | 20,667 | Common | SOLE |
| 654445303 | NTDOY | Nintendo Co. Ltd. | $1.0M | 0.02% | 70,478 | Common | SOLE |
| 902673102 | UFPT | UFP Technologies Inc. | $986,779 | 0.02% | 5,097 | Common | SOLE |
| 13321L108 | CCJ | Cameco Corp. | $979,879 | 0.02% | 9,022 | Common | SOLE |
| 003260106 | PPLT | Aberdeen Physical Platinum Sha | $969,571 | 0.02% | 5,440 | Common | SOLE |
| 01609W102 | BABA | Alibaba Group Holding Ltd. | $964,787 | 0.01% | 7,690 | Common | SOLE |
| 61774A103 | MSDL | Morgan Stanley Direct Lending | $939,801 | 0.01% | 67,321 | Common | SOLE |
| 803054204 | SAP | SAP S.E. | $928,472 | 0.01% | 5,423 | Common | SOLE |
| 93114W107 | WMMVY | Wal-Mart de Mexico S.A.B. de C | $926,227 | 0.01% | 28,473 | Common | SOLE |
| 550428106 | — | LunR Royalties Corp. | $919,622 | 0.01% | 41,801 | Common | SOLE |
| 83413U100 | SLRC | SLR Investment Corp. | $915,359 | 0.01% | 63,966 | Common | SOLE |
| 194014502 | ENOV | Enovis Corp. | $908,544 | 0.01% | 39,936 | Common | SOLE |
| 466032109 | JJSF | J & J Snack Foods Corp. | $902,788 | 0.01% | 11,389 | Common | SOLE |
| 550371108 | LUGDF | Lundin Gold Inc. | $883,006 | 0.01% | 11,588 | Common | SOLE |
| 904767803 | UL | Unilever plc | $877,984 | 0.01% | 15,411 | Common | SOLE |
| 67090S108 | NCDL | Nuveen Churchill Direct Lendin | $874,410 | 0.01% | 68,743 | Common | SOLE |
| 974637100 | WGO | Winnebago Industries Inc. | $823,885 | 0.01% | 26,585 | Common | SOLE |
| 46435U283 | IBMP | iShares iBonds Dec 2027 Term M | $819,321 | 0.01% | 32,206 | Common | SOLE |
| 35471R106 | FSP | Franklin Street Properties Cor | $818,435 | 0.01% | 1,231,656 | Common | NONE |
| 231561101 | CW | Curtiss-Wright Corp. | $790,099 | 0.01% | 1,160 | Common | SOLE |
| 502441306 | LVMUY | LVMH Moet Hennessy Louis Vuitt | $780,192 | 0.01% | 7,142 | Common | SOLE |
| 025816109 | AXP | American Express Co. | $725,952 | 0.01% | 2,400 | Common | SOLE |
| 81141r100 | — | Sea Ltd. | $681,692 | 0.01% | 8,232 | Common | SOLE |
| 78464A839 | MDYV | SPDR S&P 400 Mid Cap Value ETF | $678,820 | 0.01% | 7,972 | Common | SOLE |
| 38059t106 | — | Gold Fields Ltd. | $674,462 | 0.01% | 14,856 | Common | SOLE |
| 55374X208 | MSIF | MSC Income Fund | $668,134 | 0.01% | 54,855 | Common | SOLE |
| 353514102 | FELE | Franklin Electric Co. Inc. | $648,231 | 0.01% | 7,033 | Common | SOLE |
| 896442308 | TRIN | Trinity Capital Inc. | $615,231 | 0.01% | 41,824 | Common | SOLE |
| 670100205 | NVO | Novo Nordisk A.S. | $576,460 | 0.01% | 15,686 | Common | SOLE |
| 00215W100 | ASX | ASE Technology Holding Co. Ltd | $467,052 | 0.01% | 21,543 | Common | SOLE |
| 48241a105 | — | KB Financial Group Inc. | $464,104 | 0.01% | 4,654 | Common | SOLE |
| 225655109 | CCAP | Crescent Capital BDC Inc. | $391,509 | 0.01% | 32,223 | Common | SOLE |
| 824596100 | SHG | Shinhan Financial Group Co. Lt | $355,595 | 0.01% | 5,799 | Common | SOLE |
| 191241108 | KOF | Coca-Cola Femsa S.A.B. de C.V. | $340,254 | 0.01% | 3,488 | Common | SOLE |
| 46435U259 | IBMO | iShares iBonds Dec 2026 Term M | $337,034 | 0.01% | 13,150 | Common | SOLE |
| 98980A105 | ZTO | ZTO Express Cayman Inc. | $315,632 | 0.00% | 12,540 | Common | SOLE |
| 78463V107 | GLD | SPDR Gold Shares ETF | $308,948 | 0.00% | 718 | Common | SOLE |
| 44332N106 | HTHT | H World Group Ltd. | $307,875 | 0.00% | 6,122 | Common | SOLE |
| 344419106 | FMX | Fomento Economico Mexicano S.A | $302,885 | 0.00% | 2,727 | Common | SOLE |
| G2519Y108 | BAP | Credicorp Ltd. | $300,174 | 0.00% | 885 | Common | SOLE |
| N4732M103 | JBS | JBS N.V. | $295,999 | 0.00% | 16,481 | Common | SOLE |
| 009279100 | EADSY | Airbus SE | $293,044 | 0.00% | 6,202 | Common | SOLE |
| 45104g104 | — | ICICI Bank Ltd. | $283,786 | 0.00% | 10,957 | Common | SOLE |
| 98850P109 | YUMC | Yum China Holdings Inc. | $274,436 | 0.00% | 5,626 | Common | SOLE |
| 40052P107 | GBOOY | Grupo Financiero Banorte S.A.B | $273,861 | 0.00% | 4,938 | Common | SOLE |
| 88032Q109 | TCEHY | Tencent Holdings Ltd. | $269,760 | 0.00% | 4,267 | Common | SOLE |
| N97284108 | NBIS | Nebius Group N.V. | $251,826 | 0.00% | 2,427 | Common | SOLE |
| 45662n103 | — | Infineon Technologies A.G. | $236,041 | 0.00% | 5,221 | Common | SOLE |
| 58733R102 | MELI | MercadoLibre Inc. | $224,773 | 0.00% | 130 | Common | SOLE |
| P31076105 | CPA | Copa Holdings SA | $222,676 | 0.00% | 1,960 | Common | SOLE |
| 256135203 | RDY | Dr Reddy's Laboratories Ltd. | $214,620 | 0.00% | 15,496 | Common | SOLE |
| 03076C106 | AMP | Ameriprise Financial Inc. | $213,312 | 0.00% | 480 | Common | SOLE |
| 22160K105 | COST | Costco Wholesale Corp. | $209,250 | 0.00% | 210 | Common | SOLE |
| 056752108 | BIDU | Baidu Inc. | $202,450 | 0.00% | 1,817 | Common | SOLE |
| 69702V107 | PSBD | Palmer Square Capital BDC Inc. | $202,053 | 0.00% | 20,681 | Common | SOLE |
| 46625H100 | JPM | JPMorgan Chase & Co. | $201,500 | 0.00% | 685 | Common | SOLE |
| 279158109 | EC | Ecopetrol S.A. | $201,436 | 0.00% | 13,438 | Common | SOLE |
| 456788108 | INFY | Infosys Ltd. | $200,081 | 0.00% | 14,810 | Common | SOLE |
| 91912E105 | VALE | Vale S.A. | $190,888 | 0.00% | 11,998 | Common | SOLE |
| 21240E105 | VLRS | Controladora Vuela Cia de Avia | $189,319 | 0.00% | 26,149 | Common | SOLE |
| P1666E105 | BWMX | Betterware de Mexico S.A.P.I. | $174,130 | 0.00% | 10,328 | Common | SOLE |
| 69367X109 | PTAIY | PT Astra International Tbk | $154,354 | 0.00% | 20,177 | Common | SOLE |
| G0457F107 | ARCO | Arcos Dorados Holdings Inc. | $148,624 | 0.00% | 18,015 | Common | SOLE |
| 81689T104 | ASAIY | Sendas Distribuidora S.A. | $123,116 | 0.00% | 13,574 | Common | SOLE |
| 78163d100 | — | Runway Growth Finance Corp. | $97,664 | 0.00% | 14,216 | Common | SOLE |
| 939653101 | ELME | Elme Communities | $44,427 | 0.00% | 22,103 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.