0001442055-13-000003.txt : 20130509
0001442055-13-000003.hdr.sgml : 20130509
20130509101502
ACCESSION NUMBER: 0001442055-13-000003
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130331
FILED AS OF DATE: 20130509
DATE AS OF CHANGE: 20130509
EFFECTIVENESS DATE: 20130509
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: CONFLUENCE INVESTMENT MANAGEMENT LLC
CENTRAL INDEX KEY: 0001442056
IRS NUMBER: 261764456
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-13334
FILM NUMBER: 13826940
BUSINESS ADDRESS:
STREET 1: 349 MARSHALL AVENUE, SUITE 302
CITY: ST. LOUIS
STATE: MO
ZIP: 63119
BUSINESS PHONE: 314-743-5090
MAIL ADDRESS:
STREET 1: 349 MARSHALL AVENUE, SUITE 302
CITY: ST. LOUIS
STATE: MO
ZIP: 63119
13F-HR
1
secmarch13.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2013
Check here if Amendment [ ]; Amendment Number:
------
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Confluence Investment Management LLC
Address: 349 Marshall Avenue, Suite 302
Saint Louis, MO 63119
Form 13F File Number:
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Joseph J. Hanzlik
Title: Senior Vice President / CFO
Phone: 314-743-5096
Signature, Place, and Date of Signing:
/s/ Joseph J. Hanzlik Saint Louis, MO May 9, 2013
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
Form 13F
SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 231
Form 13F Information Table Value Total: $1,372,090 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
No. Form 13F File # Name
01 028-06487 First Trust Advisors L.P.
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
Vanguard Equity-Income COM 921921300 242 4318 SH Sole 4318
3M Company COM 88579Y101 17781 167253 SH Sole 167253
Affiliated Managers Group Inc. COM 8252108 1528 9951 SH Combined 01 9951
Air Products & Chemicals Inc. COM 9158106 2251 25835 SH Sole 25835
Allied Nevada Gold Corp. COM 19344100 244 14825 SH Sole 14825
American Capital Ltd. COM 02503Y103 2175 149004 SH Combined 01 149004
American Express Company COM 25816109 11615 172174 SH Sole 172174
Analog Devices, Inc. COM 32654105 2707 58238 SH Sole 58238
Anglo American Plc ADR COM 03485P201 322 25038 SH Sole 25038
Annaly Capital Management Inc. COM 35710409 8946 562969 SH Combined 01 562969
Apollo Investment Corp. COM 03761U106 4640 555013 SH Combined 01 555013
Ares Capital Corp. COM 04010L103 32492 1795116 SH Combined 01 1795116
Ares Commercial Real Estate COM 04013V108 169 10000 SH Combined 01 10000
Automatic Data Processing, Inc COM 53015103 2701 41533 SH Sole 41533
Barclays 1-3 Year Treasury Bon COM 464287457 2504 29645 SH Sole 29645
Barclays Capital High Yield Bo COM 78464A417 21454 521862 SH Sole 521862
Becton, Dickinson and Company COM 75887109 2715 28400 SH Sole 28400
Bed Bath & Beyond Inc COM 75896100 9205 142893 SH Sole 142893
Berkshire Hathaway Inc. - B COM 84670702 9583 91964 SH Sole 91964
Berkshire Hathaway Inc. - A COM 84670108 781 5 SH Sole 5
BHP Billiton Limited - ADR COM 88606108 453 6617 SH Sole 6617
BlackRock Kelso Capital Corp. COM 92533108 2841 284123 SH Combined 01 284123
BP PLC (Adr 1:6) COM 55622104 502 11859 SH Sole 11859
Broadridge Financial Solutions COM 11133T103 16623 669199 SH Sole 669199
Brown-Forman Corp. - B COM 115637209 2880 40340 SH Sole 40340
Brown & Brown Inc. COM 115236101 4695 146547 SH Combined 01 146547
C & J Energy Services Inc COM 12467B304 1093 47717 SH Combined 01 47717
C.H. Robinson Worldwide Inc. COM 12541W209 14641 246230 SH Sole 246230
Cameco Corp. COM 13321L108 482 23194 SH Sole 23194
Chevron Corp. COM 166764100 27036 227535 SH Sole 227535
Cimarex Energy Co. COM 171798101 896 11882 SH Sole 11882
Colgate-Palmolive Co. COM 194162103 2812 23821 SH Sole 23821
Commerce Bancshares, Inc. COM 200525103 2588 63383 SH Sole 63383
Compass Diversified Holdings COM 20451Q104 3435 216442 SH Combined 01 216442
ConocoPhillips COM 20825C104 2942 48951 SH Sole 48951
Consumer Discret Select Sector COM 81369Y407 5237 98815 SH Sole 98815
Consumer Staples Select Sector COM 81369Y308 4644 116782 SH Sole 116782
Contango Oil & Gas Company COM 21075N204 408 10179 SH Sole 10179
Cubic Corp COM 229669106 925 21663 SH Combined 01 21663
Cullen Frost Bankers, Inc. COM 229899109 2441 39034 SH Sole 39034
CYS Investments Inc COM 12673A108 7395 629880 SH Combined 01 629880
Deckers Outdoor Corp. COM 243537107 3616 64923 SH Combined 01 64923
Deltic Timber Corp. COM 247850100 244 3545 SH Sole 3545
Diageo (Adr 1:4) COM 25243Q205 20652 164113 SH Sole 164113
Discovery Communications, Inc. COM 25470F302 11156 160424 SH Sole 160424
DJ-UBS Commodity Index Total R COM 06738C778 7852 193316 SH Sole 193316
Donaldson Inc COM 257651109 2335 64521 SH Sole 64521
Douglas Dynamics, Inc. COM 25960R105 946 68480 SH Combined 01 68480
Dow Jones Select Dividend Inde COM 464287168 229 3616 SH Sole 3616
Dow Jones US Financial Sector COM 464287788 11877 175024 SH Sole 175024
Dow Jones US Technology - iSha COM 464287721 11327 154513 SH Sole 154513
Dow Jones US Utilities - iShar COM 464287697 2290 23587 SH Sole 23587
Du Pont E.I. De Nemours & Com COM 263534109 12933 263076 SH Sole 263076
Eldorado Gold Corp. COM 284902103 353 37068 SH Sole 37068
Emerson Electric Company COM 291011104 22011 393964 SH Sole 393964
Energy Select Sector - SPDR COM 81369Y506 8916 112423 SH Sole 112423
EnPro Industries, Inc. COM 302130109 7646 213996 SH Sole 213996
Express Scripts Inc. COM 30219G108 9017 156493 SH Sole 156493
Exxon Mobil Corp. COM 30231G102 11396 126469 SH Sole 126469
Fidelity National Financial In COM 31620R105 12800 507348 SH Sole 507348
Fidus Investment Corp. COM 316500107 2498 130451 SH Combined 01 130451
Fifth Street Finance Corp. COM 31678A103 1112 100883 SH Combined 01 100883
First Majestic Silver Corp. COM 32076V103 449 27742 SH Sole 27742
First Quantum Minerals Ltd. COM 35934105 411 21663 SH Sole 21663
Forward Air Corp. COM 349853101 1259 33760 SH Combined 01 33760
Franco-Nevada Corp. COM 351858105 587 12865 SH Sole 12865
Franklin Electric Co. Inc. COM 353514102 1080 32158 SH Combined 01 32158
Franklin Street Properties Cor COM 35471R106 17469 1194882 SH Combined 01 1194882
Full Circle Capital Corp. COM 359671104 1596 208649 SH Combined 01 208649
Generac Holdings Inc. COM 368736104 932 26367 SH Sole 26367
General Dynamics Corp. COM 369550108 2267 32152 SH Sole 32152
General Electric Company COM 369604103 276 11953 SH Sole 11953
"General Mills, Inc. COM 370334104 2821 57208 SH Sole 57208
Gladstone Capital Corporation COM 376535100 4492 488311 SH Combined 01 488311
Gladstone Commercial Corp. COM 376536108 1088 55891 SH Combined 01 55891
Gladstone Investment Corp. COM 376546107 2117 289635 SH Combined 01 289635
GlaxoSmithKline Plc (Adr 1:2) COM 37733W105 18780 400335 SH Sole 400335
Gold Shares - SPDR COM 78463V107 665 4303 SH Sole 4303
Gold Trust - iShares COM 464285105 7725 497728 SH Sole 497728
Golub Capital BDC Inc COM 38173M102 20514 1242547 SH Combined 01 1242547
Golub Capital Inc. - 144A COM 38173M995 23 22948 SH Combined 01 22948
Google Inc. - A COM 38259P508 10265 12925 SH Sole 12925
Graco inc. COM 384109104 17560 302608 SH Combined 01 302608
Graftech International Ltd. COM 384313102 625 81415 SH Combined 01 81415
Guggenheim BulletShares Invest COM 18383M548 2610 113938 SH Sole 113938
Haemonetics Corporation COM 405024100 1163 27907 SH Combined 01 27907
Halliburton Co. COM 406216101 7257 179597 SH Sole 179597
Hatteras Financial Corp. COM 41902R103 4698 171282 SH Combined 01 171282
Health Care Select Sector - SP COM 81369Y209 8189 177991 SH Sole 177991
Heartland Express, Inc COM 422347104 770 57709 SH Combined 01 57709
Hercules Technology Growth Cap COM 427096508 8162 666322 SH Combined 01 666322
High Yield Corporate Bond Fund COM 464288513 20130 213359 SH Sole 213359
Hittite Microwave Corp COM 43365Y104 992 16382 SH Combined 01 16382
Home Depot Inc. COM 437076102 9258 132676 SH Sole 132676
Horizon Technology COM 44045A102 4760 325832 SH Combined 01 325832
Illinois Tool Works Inc. COM 452308109 11135 182720 SH Sole 182720
Industrial Select Sector - SPD COM 81369Y704 8370 200442 SH Sole 200442
Inmet Mining Corp. COM 457983104 493 7401 SH Sole 7401
International Business Machine COM 459200101 2630 12328 SH Sole 12328
iShares Barclays 1-3 Year Inve COM 464288646 11918 112926 SH Sole 112926
iShares iBoxx Invest Grade Cor COM 464287242 10683 89101 SH Sole 89101
iShares Intermediate Invest Gr COM 464288638 5161 46439 SH Sole 46439
iShares MBS Bond ETF COM 464288588 7927 73435 SH Sole 73435
iShares MSCI Japan Index COM 464286848 206 19055 SH Sole 19055
iShares S&P AMT-Free Municipal COM 464289388 389 7741 SH Sole 7741
iShares S&P AMT-Free Municipal COM 464289362 392 7625 SH Sole 7625
iShares S&P AMT-Free Municipal COM 464289339 394 7393 SH Sole 7393
iShares S&P AMT-Free Municipal COM 464289313 395 7366 SH Sole 7366
iShares S&P AMT-Free Municipal COM 464289271 398 7159 SH Sole 7159
John Wiley & Sons Inc. - A COM 968223206 871 22357 SH Combined 01 22357
Jonhson & Jonhson COM 478160104 29579 362801 SH Sole 362801
KCAP Financial Inc COM 48668E105 3897 357082 SH Combined 01 357082
Kinder Morgan Inc. COM 49456B101 17261 446257 SH Sole 446257
Kohl's Corp. COM 500255104 16824 364717 SH Sole 364717
Kraft Foods Group, Inc. COM 50076Q106 17973 348783 SH Sole 348783
Landauer Inc. COM 51476K103 14501 257201 SH Sole 257201
Landstar System Inc. COM 515098101 3100 54298 SH Combined 01 54298
Leucadia National Corp. COM 527288104 2012 73345 SH Sole 73345
Linear Technology Corp COM 535678106 17210 448536 SH Sole 448536
Lockheed Martin Corp COM 539830109 19608 203148 SH Sole 203148
Lowe's Companies Inc. COM 548661107 9634 254053 SH Sole 254053
M&T Bank Corp. COM 55261F104 2580 25006 SH Sole 25006
Main Street Capital Corp. COM 56035L104 2320 72289 SH Combined 01 72289
Manatuck Hill Mariner Offshore COM 562996983 488 3380 SH Sole 3380
Marathon Oil Corp. COM 565849106 2488 73786 SH Sole 73786
Markel Corp. COM 570535104 10774 21399 SH Sole 21399
Martin Marietta Materials Inc. COM 573284106 14705 144140 SH Sole 144140
Mastercard Inc. - A COM 57636Q104 9123 16859 SH Sole 16859
Materials Select Sector - SPDR COM 81369Y100 2142 54671 SH Sole 54671
McDonald's Corp. COM 580135101 2680 26887 SH Sole 26887
MCG Capital Corp. COM 58047P107 3464 724645 SH Combined 01 724645
McGraw-Hill Companies, Inc COM 580645109 18947 363811 SH Sole 363811
MDU Resources Group Inc. COM 552690109 2522 100922 SH Sole 100922
Medallion Financial Corp COM 583928106 4423 334593 SH Combined 01 334593
Medley Capital Corp. COM 58503F106 11212 707393 SH Combined 01 707393
Mesabi Trust COM 590672101 426 18714 SH Sole 18714
Microsoft Corp. COM 594918104 24861 869106 SH Sole 869106
Mohawk Industries Inc. COM 608190104 529 4680 SH Sole 4680
Morningstar Inc. COM 617700109 1043 14922 SH Combined 01 14922
MSCI Brazil Index - iShares COM 464286400 1522 27934 SH Sole 27934
Mueller Industries Inc. COM 624756102 760 14268 SH Combined 01 14268
Murphy Oil Corp. COM 626717102 512 8030 SH Sole 8030
MVC Capital, Inc. COM 553829102 4743 369719 SH Combined 01 369719
New Gold, Inc. COM 644535106 424 46581 SH Sole 46581
New Jersey Resources Corp. COM 646025106 2241 49972 SH Sole 49972
New Mountain Finance Corp. COM 647551100 6687 457397 SH Combined 01 457397
NextEra Energy, Inc. COM 65339F101 2891 37221 SH Sole 37221
NGP Capital Ressources Company COM 62912R107 2907 408814 SH Combined 01 408814
Nike Inc. - B COM 654106103 2583 43780 SH Sole 43780
Nordstrom Inc. COM 655664100 2509 45425 SH Sole 45425
Novartis AG - ADR COM 66987V109 2795 39234 SH Sole 39234
NXP Semiconductors COM N6596X109 2221 73329 SH Sole 73329
Occidental Petroleum Corp COM 674599105 1965 25077 SH Sole 25077
OFS Capital Corp. COM 67103B100 1905 136094 SH Combined 01 136094
Patterson Companies, Inc. COM 703395103 1657 43572 SH Combined 01 43572
Paychex, Inc. COM 704326107 13619 388447 SH Sole 388447
Peabody Energy Corp. COM 704549104 404 19085 SH Sole 19085
PennantPark Floating Rate Capi COM 70806A106 3985 285478 SH Combined 01 285478
PennantPark Investment Corp. COM 708062104 12184 1079205 SH Combined 01 1079205
Pepsico, Inc COM 713448108 26762 338288 SH Sole 338288
Pfizer Inc. COM 717081103 18380 636874 SH Sole 636874
Physical Palladium Shares - ET COM 26923a106 505 6666 SH Sole 6666
Piedmont Natural Gas Co. Inc. COM 720186105 2325 70720 SH Sole 70720
Pioneer Natural Resources Co. COM 723787107 493 3965 SH Sole 3965
Plum Creek Timber Co. Inc. COM 729251108 16526 316581 SH Sole 316581
Potlatch Corp. COM 737630103 625 13639 SH Sole 13639
Praxair Inc. COM 74005P104 19041 170709 SH Sole 170709
Procter & Gamble Company COM 742718109 2761 35825 SH Sole 35825
Progressive Corp. COM 743315103 16442 650643 SH Sole 650643
Prospect Capital Corp COM 74348T102 496 45494 SH Sole 45494
QuantShares US Market Neut Ant COM 351680707 394 18423 SH Sole 18423
Rayonier Inc. COM 754907103 15645 262189 SH Combined 01 262189
REIT Index - Vanguard COM 922908553 35105 497731 SH Sole 497731
Ritchie Brothers Auctioneers I COM 767744105 1517 69900 SH Combined 01 69900
RLI Corp. COM 749607107 17407 242264 SH Combined 01 242264
Royal Gold, Inc. COM 780287108 538 7569 SH Sole 7569
Rubicon Minerals Corp. COM 780911103 359 148945 SH Sole 148945
Russell 2000 Growth Index - iS COM 464287648 5679 52758 SH Sole 52758
Russell 2000 Value Index - iSh COM 464287630 5593 66738 SH Sole 66738
S&P 500 - SPDR COM 78462F103 621 3963 SH Sole 3963
S&P 500 Growth Index - iShares COM 464287309 548 6651 SH Sole 6651
S&P 500 Value Index - iShares COM 464287408 567 7679 SH Sole 7679
Sanderson Farms, Inc. COM 800013104 1105 20224 SH Sole 20224
Saratoga Investment Corporatio COM 80349A208 232 14085 SH Combined 01 14085
Sigma-Aldrich Corp COM 826552101 11116 143162 SH Sole 143162
Silver Standard Resources Inc. COM 82823L106 342 32457 SH Sole 32457
Silver Trust - iShares COM 46428Q109 848 30903 SH Sole 30903
Silver Wheaton Corp. COM 828336107 491 15662 SH Sole 15662
Solar Capital, LTD. COM 83413U100 8705 370597 SH Combined 01 370597
Solar Senior Capital Ltd. COM 83416M105 2769 144228 SH Sole 144228
Southern Company COM 842587107 19385 413160 SH Sole 413160
Southern Copper Corp. COM 84265V105 450 11968 SH Sole 11968
Southwestern Energy Co. COM 845467109 734 19708 SH Sole 19708
SPDR Intermediate Term Invest COM 78464A375 2965 85390 SH Sole 85390
SPDR Nuveen Barclays Capital M COM 78464A458 2015 83767 SH Sole 83767
SPDR Nuveen Barclays Capital S COM 78464A425 1704 69988 SH Sole 69988
Stellus Capital Investment COM 858568108 2918 196876 SH Combined 01 196876
Stryker Corp. COM 863667101 4881 74809 SH Sole 74809
T. Rowe Price Group, Inc. COM 74144T108 2774 37050 SH Sole 37050
TCP Capital Corp COM 87238Q103 4421 276986 SH Combined 01 276986
Techne Corp. COM 878377100 1031 15190 SH Combined 01 15190
Teck Cominco (US Listing) COM 878742204 364 12934 SH Sole 12934
The Clorox Company COM 189054109 2762 31200 SH Sole 31200
The Coca-Cola Company COM 191216100 282 6974 SH Sole 6974
The Scotts Miracle-Gro Company COM 810186106 831 19216 SH Sole 19216
Thermo Fisher Scientific, Inc. COM 883556102 12111 158337 SH Sole 158337
THL Credit COM 872438106 10099 674166 SH Combined 01 674166
TICC Capital Corp. COM 87244T109 2010 202255 SH Combined 01 202255
TJX Companies COM 872540109 9425 201610 SH Sole 201610
Triangle Capital Corp COM 895848109 7401 264405 SH Combined 01 264405
United Technologies Corp. COM 913017109 2728 29196 SH Sole 29196
Uranium Energy Corp. COM 916896103 221 100577 SH Sole 100577
Vale SA (Adr) COM 91912E109 413 23878 SH Sole 23878
Vanguard Interm Term Corp Bond COM 92206C870 6773 77522 SH Sole 77522
Vanguard MSCI Emerging Markets COM 922042858 4502 104950 SH Sole 104950
Vanguard Short-Term Corp Bond COM 92206C409 2173 27051 SH Sole 27051
Varian Medical Systems Inc. COM 92220P105 498 6918 SH Sole 6918
VCA Antech Inc. COM 918194101 1080 45963 SH Combined 01 45963
Vectren Corp COM 92240G101 15217 429607 SH Sole 429607
W.R. Berkley Corp COM 84423102 11750 264825 SH Sole 264825
W.W. Grainger, Inc. COM 384802104 2905 12911 SH Sole 12911
Wal-Mart Stores Inc. COM 931142103 2932 39180 SH Sole 39180
Walter Energy, Inc. COM 93317Q105 355 12464 SH Sole 12464
Waters Corp. COM 941848103 9982 106294 SH Sole 106294
Wells Fargo & Company COM 949746101 8653 233924 SH Sole 233924
West Pharmaceutical Services, COM 955306105 1293 19914 SH Combined 01 19914
Weyerhaeuser Co. COM 962166104 949 30228 SH Sole 30228
Willis Group Hldg COM G96666105 15270 386681 SH Sole 386681
Yamana Gold, Inc. COM 98462Y100 587 38263 SH Sole 38263
Zebra Technologies Corp. COM 989207105 1639 34781 SH Combined 01 34781