13F HOLDINGS REPORT
CONFLUENCE INVESTMENT MANAGEMENT LLC
Quarter ended Q2 2023 · Filed April 4, 2023 · Accession 0001636661-23-000003
Total Value
$6.79B
Positions
358
Other Managers
1
Confidential Omitted
No
Holdings (358)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | PepsiCo Inc. | PEP | 1,014,649 | $185.0M | 2.72% |
| 2 | Progressive Corp. | 743315103 | 1,243,812 | $177.9M | 2.62% |
| 3 | Analog Devices Inc. | ADI | 844,823 | $166.6M | 2.45% |
| 4 | Snap-on Inc. | SNA | 648,022 | $160.0M | 2.36% |
| 5 | Lockheed Martin Corp. | LMT | 335,853 | $158.8M | 2.34% |
| 6 | Diageo plc | DGEAF | 870,332 | $157.7M | 2.32% |
| 7 | Microsoft Corp. | MSFT | 539,630 | $155.6M | 2.29% |
| 8 | Linde plc | LIN | 429,058 | $152.5M | 2.25% |
| 9 | Fastenal Co. | FAST | 2,791,824 | $150.6M | 2.22% |
| 10 | Paychex Inc. | PAYX | 1,274,673 | $146.1M | 2.15% |
| 11 | Chubb Ltd. | CB | 691,291 | $134.2M | 1.98% |
| 12 | Nestle S.A. | 641069406 | 1,092,870 | $133.3M | 1.96% |
| 13 | Chevron Corp. | CVX | 816,466 | $133.2M | 1.96% |
| 14 | Southern Co. | SOMN | 1,883,081 | $131.0M | 1.93% |
| 15 | T. Rowe Price Group Inc. | TROW | 1,117,707 | $126.2M | 1.86% |
| 16 | Polaris Inc. | PII | 1,125,550 | $124.5M | 1.83% |
| 17 | Home Depot Inc. | HD | 416,167 | $122.8M | 1.81% |
| 18 | Brookfield Infrastructure Corp | BIPC | 2,603,628 | $119.9M | 1.77% |
| 19 | Broadridge Financial Solutions | 11133T103 | 816,945 | $119.7M | 1.76% |
| 20 | Colgate-Palmolive Co. | CL | 1,506,001 | $113.2M | 1.67% |
| 21 | Gilead Sciences Inc. | GILD | 1,329,854 | $110.3M | 1.63% |
| 22 | Cisco Systems Inc. | CSCO | 2,022,651 | $105.7M | 1.56% |
| 23 | Northern Trust Corp. | NTRSO | 1,177,323 | $103.8M | 1.53% |
| 24 | Dow Inc. | DOW | 1,808,851 | $99.2M | 1.46% |
| 25 | Kinder Morgan Inc. | EP-PC | 5,596,640 | $98.0M | 1.44% |
| 26 | Rayonier Inc. | RYN | 2,944,509 | $97.9M | 1.44% |
| 27 | Entergy Corp. | ENO | 899,209 | $96.9M | 1.43% |
| 28 | Fidelity National Financial In | FNF | 2,745,533 | $95.9M | 1.41% |
| 29 | Weyerhaeuser Co. | WY | 2,965,093 | $89.3M | 1.32% |
| 30 | Oracle Corp. | ORCL-PD | 919,059 | $85.4M | 1.26% |
| 31 | Stryker Corp. | SYK | 290,070 | $82.8M | 1.22% |
| 32 | TJX Cos. Inc. | 872540109 | 1,003,465 | $78.6M | 1.16% |
| 33 | Ares Capital Corp. | ARCC | 4,249,066 | $77.7M | 1.14% |
| 34 | Mastercard Inc. | MA | 212,363 | $77.2M | 1.14% |
| 35 | Digital Realty Trust Inc. | 253868103 | 766,181 | $75.3M | 1.11% |
| 36 | Starbucks Corp. | SBUX | 718,864 | $74.9M | 1.10% |
| 37 | U.S. Bancorp | USB-PS | 2,041,334 | $73.6M | 1.08% |
| 38 | Graco Inc. | GGG | 1,007,818 | $73.6M | 1.08% |
| 39 | S&P Global Inc. | SPGI | 204,444 | $70.5M | 1.04% |
| 40 | Illinois Tool Works Inc. | 452308109 | 265,968 | $64.7M | 0.95% |
| 41 | NXP Semiconductors N.V. | NXPI | 335,433 | $62.5M | 0.92% |
| 42 | Raytheon Technologies Corp. | RTX | 610,677 | $59.8M | 0.88% |
| 43 | Markel Corp. | MKL | 44,744 | $57.2M | 0.84% |
| 44 | Berkshire Hathaway Inc. - B | BRK-A | 184,526 | $57.0M | 0.84% |
| 45 | Lowe's Cos. Inc. | 548661107 | 278,320 | $55.7M | 0.82% |
| 46 | Masco Corp. | MAS | 1,089,403 | $54.2M | 0.80% |
| 47 | Thermo Fisher Scientific Inc. | TMO | 92,716 | $53.4M | 0.79% |
| 48 | Alphabet Inc. | GOOG | 508,064 | $52.8M | 0.78% |
| 49 | SPDR Portfolio Mortgage Backed | 78464A383 | 2,364,736 | $52.4M | 0.77% |
| 50 | SPDR Portfolio Developed World | 78463X889 | 1,482,911 | $47.6M | 0.70% |
| 51 | Brookfield Corp. | 11271J107 | 1,414,458 | $46.1M | 0.68% |
| 52 | SPDR S&P 400 Mid Cap Value ETF | 78464A839 | 652,179 | $43.1M | 0.63% |
| 53 | Booking Holdings Inc. | BKNG | 15,523 | $41.2M | 0.61% |
| 54 | W. R. Berkley Corp. | WRB-PH | 629,980 | $39.2M | 0.58% |
| 55 | Keysight Technologies Inc. | KEYS | 228,519 | $36.9M | 0.54% |
| 56 | Nordson Corp. | NDSN | 160,468 | $35.7M | 0.53% |
| 57 | Brown & Brown Inc. | BRO | 607,234 | $34.9M | 0.51% |
| 58 | Clarivate plc | CLVT | 3,569,839 | $33.5M | 0.49% |
| 59 | iShares iBonds Dec 2027 Term T | 46436E841 | 1,437,738 | $32.6M | 0.48% |
| 60 | Dun & Bradstreet Holdings Inc. | 26484T106 | 2,774,457 | $32.6M | 0.48% |
| 61 | Hershey Co. | HSY | 107,773 | $27.4M | 0.40% |
| 62 | iShares BB Rated Corporate Bon | 46435U473 | 591,201 | $26.9M | 0.40% |
| 63 | Barclays 1-3 Year Treasury Bon | 464287457 | 308,073 | $25.3M | 0.37% |
| 64 | SPDR Gold MiniShares Trust ETF | GLDW | 623,882 | $24.4M | 0.36% |
| 65 | SPDR S&P 400 Mid Cap Growth ET | 78464A821 | 351,275 | $24.0M | 0.35% |
| 66 | McDonald's Corp. | MCD | 85,504 | $23.9M | 0.35% |
| 67 | New Jersey Resources Corp. | NJR | 442,704 | $23.6M | 0.35% |
| 68 | Rockwell Automation Inc. | ROK | 76,891 | $22.6M | 0.33% |
| 69 | Air Products and Chemicals Inc | AIIR | 77,460 | $22.2M | 0.33% |
| 70 | Pacer US Small Cap Cash Cows 1 | 69374H857 | 582,652 | $22.2M | 0.33% |
| 71 | Amphenol Corp. | 032095101 | 270,973 | $22.1M | 0.33% |
| 72 | Donaldson Co Inc. | DCI | 337,726 | $22.1M | 0.33% |
| 73 | Expeditors International of Wa | 302130109 | 194,321 | $21.4M | 0.32% |
| 74 | Procter & Gamble Co. | 742718109 | 143,414 | $21.3M | 0.31% |
| 75 | iShares iBonds Dec 2026 Term T | 46436E858 | 919,171 | $21.2M | 0.31% |
| 76 | WEC Energy Group Inc. | WEC | 223,283 | $21.2M | 0.31% |
| 77 | iShares iBonds Dec 2026 Term C | 46435GAA0 | 888,950 | $21.1M | 0.31% |
| 78 | General Dynamics Corp. | GD | 90,080 | $20.6M | 0.30% |
| 79 | NIKE Inc. | NKE | 167,379 | $20.5M | 0.30% |
| 80 | American Water Works Co. Inc. | 030420103 | 136,800 | $20.0M | 0.30% |
| 81 | Gates Industrial Corp. plc | G39108108 | 1,430,850 | $19.9M | 0.29% |
| 82 | Sherwin-Williams Co. | SHW | 86,833 | $19.5M | 0.29% |
| 83 | Becton Dickinson and Co. | BDX | 78,540 | $19.4M | 0.29% |
| 84 | Clorox Co. | CLX | 121,733 | $19.3M | 0.28% |
| 85 | Dollar Tree Inc. | DLTR | 133,831 | $19.2M | 0.28% |
| 86 | Commerce Bancshares Inc. | CBSH | 311,371 | $18.2M | 0.27% |
| 87 | Leslie's Inc. | 527064109 | 1,623,060 | $17.9M | 0.26% |
| 88 | iShares iBonds December 2030 T | 46436e593 | 856,766 | $17.3M | 0.25% |
| 89 | Medtronic plc | MDT | 199,540 | $16.1M | 0.24% |
| 90 | M&T Bank Corp. | 55261F104 | 123,385 | $14.8M | 0.22% |
| 91 | Morningstar Inc. | MORN | 69,385 | $14.1M | 0.21% |
| 92 | Keurig Dr. Pepper Inc. | KDP | 371,758 | $13.1M | 0.19% |
| 93 | SPDR S&P 500 ETF | SPY | 31,317 | $12.8M | 0.19% |
| 94 | iShares iBonds Dec 2024 Term T | 46436E874 | 525,572 | $12.6M | 0.19% |
| 95 | Spectrum Brands Holdings Inc. | SPB | 188,791 | $12.5M | 0.18% |
| 96 | SPDR Portfolio S&P 500 Value E | 78464a508 | 291,734 | $11.9M | 0.17% |
| 97 | SPDR S&P 600 Small Cap Growth | 78464A201 | 157,045 | $11.6M | 0.17% |
| 98 | Dimensional National Municipal | 25434V849 | 239,605 | $11.6M | 0.17% |
| 99 | RE/MAX Holdings Inc. | RMAX | 616,858 | $11.6M | 0.17% |
| 100 | Fidelity National Information | 31620M106 | 210,987 | $11.5M | 0.17% |
| 101 | EOG Resources Inc. | EOG | 99,294 | $11.4M | 0.17% |
| 102 | iShares Barclays 10-20 Year Tr | 464288653 | 97,710 | $11.2M | 0.16% |
| 103 | DuPont de Nemours Inc. | DD | 155,169 | $11.1M | 0.16% |
| 104 | J & J Snack Foods Corp. | JJSF | 74,780 | $11.1M | 0.16% |
| 105 | iShares iBonds Dec 2028 Term T | 46436E833 | 480,490 | $10.8M | 0.16% |
| 106 | Black Knight Inc. | 09215C105 | 186,980 | $10.8M | 0.16% |
| 107 | Hexagon A.B. | 428263107 | 902,887 | $10.3M | 0.15% |
| 108 | BRP Group Inc. | BWIN | 395,529 | $10.1M | 0.15% |
| 109 | Azek Co. Inc. | 05478C105 | 426,815 | $10.0M | 0.15% |
| 110 | CarMax Inc. | KMX | 144,588 | $9.3M | 0.14% |
| 111 | Powershares Insured National M | IVZ | 379,390 | $9.0M | 0.13% |
| 112 | Invesco BulletShares 2025 Corp | IVZ | 440,178 | $8.9M | 0.13% |
| 113 | iShares iBonds Dec 2025 Term T | 46436E866 | 377,589 | $8.9M | 0.13% |
| 114 | SPDR Portfolio Intermediate Te | 78464A375 | 266,475 | $8.7M | 0.13% |
| 115 | iShares iBonds Dec 2029 Term T | 46436E825 | 389,647 | $8.6M | 0.13% |
| 116 | Invesco Optimum Yield Diversif | IVZ | 590,600 | $8.4M | 0.12% |
| 117 | iShares iBonds Dec 2024 Term C | 46434VBG4 | 332,669 | $8.2M | 0.12% |
| 118 | Vontier Corp. | VNT | 273,505 | $7.5M | 0.11% |
| 119 | Invesco BulletShares 2028 Muni | IVZ | 301,684 | $7.1M | 0.11% |
| 120 | SPDR Portfolio S&P 500 Growth | 78464A409 | 117,927 | $6.5M | 0.10% |
| 121 | Invesco BulletShares 2027 Muni | IVZ | 271,314 | $6.5M | 0.10% |
| 122 | Invesco BulletShares 2026 Muni | IVZ | 245,707 | $5.8M | 0.09% |
| 123 | Invesco BulletShares 2025 Muni | IVZ | 236,385 | $5.8M | 0.09% |
| 124 | Invesco BulletShares 2024 Muni | IVZ | 231,234 | $5.8M | 0.08% |
| 125 | Invesco BulletShares 2023 Muni | IVZ | 227,650 | $5.7M | 0.08% |
| 126 | Cannae Holdings Inc. | CNNE | 273,679 | $5.5M | 0.08% |
| 127 | SPDR S&P Metals & Mining ETF | 78464A755 | 97,390 | $5.2M | 0.08% |
| 128 | RBC Bearings Inc. | RBC | 21,792 | $5.1M | 0.07% |
| 129 | SJW Group | HTO | 65,697 | $5.0M | 0.07% |
| 130 | Forward Air Corp. | FWRD | 44,715 | $4.8M | 0.07% |
| 131 | SPDR Nuveen S&P High Yield Mun | 78464A284 | 188,791 | $4.7M | 0.07% |
| 132 | Kadant Inc. | KAI | 22,346 | $4.7M | 0.07% |
| 133 | Edgewell Personal Care Co. | 28035Q102 | 107,973 | $4.6M | 0.07% |
| 134 | Ares Capital Corp. | ARCC | 250,000 | $4.6M | 0.07% |
| 135 | iShares iBonds Dec 2027 Term C | 46435UAA9 | 184,407 | $4.4M | 0.06% |
| 136 | Hercules Capital Inc. | HCXY | 340,000 | $4.4M | 0.06% |
| 137 | Main Street Capital Corp. | 56035L104 | 111,000 | $4.4M | 0.06% |
| 138 | SPDR Industrial Select Sector | 81369Y704 | 42,199 | $4.3M | 0.06% |
| 139 | Perficient Inc. | 71375U101 | 57,201 | $4.1M | 0.06% |
| 140 | John Bean Technologies Corp. | JBTM | 37,639 | $4.1M | 0.06% |
| 141 | Allied Motion Technologies Inc | ALNT | 105,554 | $4.1M | 0.06% |
| 142 | i3 Verticals Inc. | IIIV | 163,522 | $4.0M | 0.06% |
| 143 | New Mountain Finance Corp. | 647551100 | 328,000 | $4.0M | 0.06% |
| 144 | Blackstone Secured Lending Fun | BX | 160,000 | $4.0M | 0.06% |
| 145 | Hayward Holdings Inc. | HAYW | 338,763 | $4.0M | 0.06% |
| 146 | Winnebago Industries Inc. | 974637100 | 68,341 | $3.9M | 0.06% |
| 147 | iShares US Aerospace & Defense | 464288760 | 33,730 | $3.9M | 0.06% |
| 148 | MGP Ingredients Inc. | MGPI | 40,041 | $3.9M | 0.06% |
| 149 | Stewart Information Services | 860372101 | 95,719 | $3.9M | 0.06% |
| 150 | SPDR Energy Select Sector ETF | 81369Y506 | 46,621 | $3.9M | 0.06% |
| 151 | Movado Group Inc. | MOVAA | 131,754 | $3.8M | 0.06% |
| 152 | Marten Transport Ltd. | MRTN | 178,894 | $3.7M | 0.06% |
| 153 | Core Laboratories N.V. | N22717107 | 166,739 | $3.7M | 0.05% |
| 154 | Hagerty Inc. | HGTY | 414,803 | $3.6M | 0.05% |
| 155 | Northwest Natural Holding Co. | 66765N105 | 73,870 | $3.5M | 0.05% |
| 156 | iShares iBonds Dec 2025 Term C | 46434VBD1 | 141,371 | $3.5M | 0.05% |
| 157 | PennantPark Investment Corp. | 708062104 | 656,000 | $3.5M | 0.05% |
| 158 | BlackRock TCP Capital Corp. | TCPC | 332,000 | $3.4M | 0.05% |
| 159 | Golub Capital BDC Inc. | 38173M102 | 250,000 | $3.4M | 0.05% |
| 160 | Healthcare Services Group Inc. | 421906108 | 233,954 | $3.2M | 0.05% |
| 161 | American Outdoor Brands Inc. | AOUT | 327,043 | $3.2M | 0.05% |
| 162 | Barings BDC Inc. | BBDC | 390,000 | $3.1M | 0.05% |
| 163 | OFS Capital Corp. | OFSSO | 268,000 | $2.8M | 0.04% |
| 164 | iShares iBonds Dec 2026 Term M | 46435U259 | 107,577 | $2.7M | 0.04% |
| 165 | iShares iBonds Dec 2027 Term M | 46435U283 | 107,715 | $2.7M | 0.04% |
| 166 | Sixth Street Specialty Lending | TSLX | 147,000 | $2.7M | 0.04% |
| 167 | SLR Investment Corp. | SLRC | 161,000 | $2.4M | 0.04% |
| 168 | Berkshire Hathaway Inc. - A | BRK-A | 5 | $2.3M | 0.03% |
| 169 | Mativ Inc. | MATV | 107,806 | $2.3M | 0.03% |
| 170 | FARO Technologies Inc. | 311642102 | 78,186 | $1.9M | 0.03% |
| 171 | Owl Rock Capital Corp. | OWL | 150,000 | $1.9M | 0.03% |
| 172 | Goldman Sachs BDC Inc. | GSBD | 135,000 | $1.8M | 0.03% |
| 173 | iShares iBonds Dec 2025 Term M | 46435U432 | 61,923 | $1.6M | 0.02% |
| 174 | Franco-Nevada Corp. | FNV | 10,963 | $1.6M | 0.02% |
| 175 | Berkshire Hathaway Inc. - B | BRK-A | 4,500 | $1.4M | 0.02% |
| 176 | Spectrum Brands Holdings Inc. | SPB | 20,798 | $1.4M | 0.02% |
| 177 | Novo Nordisk A.S. | NONOF | 8,647 | $1.4M | 0.02% |
| 178 | Franklin Street Properties Cor | 35471R106 | 858,066 | $1.3M | 0.02% |
| 179 | LVMH Moet Hennessy Louis Vuitt | 502441306 | 7,089 | $1.3M | 0.02% |
| 180 | TriplePoint Venture Growth BDC | TPVG | 105,000 | $1.3M | 0.02% |
| 181 | Franklin FTSE Canada ETF | FGDL | 41,109 | $1.3M | 0.02% |
| 182 | Capital Southwest Corp. | CSWC | 71,000 | $1.3M | 0.02% |
| 183 | MSCI Australia Index - iShares | 464286103 | 54,001 | $1.2M | 0.02% |
| 184 | Rio Tinto plc | RTNTF | 17,566 | $1.2M | 0.02% |
| 185 | Taiwan Semiconductor Manufactu | 874039100 | 12,865 | $1.2M | 0.02% |
| 186 | Hayward Holdings Inc. | HAYW | 101,935 | $1.2M | 0.02% |
| 187 | iShares Core MSCI Emerging Mar | 46434G103 | 23,899 | $1.2M | 0.02% |
| 188 | Azek Co. Inc. | 05478C105 | 48,986 | $1.2M | 0.02% |
| 189 | AGNC Investment Corp. | AGNCZ | 110,000 | $1.1M | 0.02% |
| 190 | L'Oreal S.A. | 502117203 | 11,977 | $1.1M | 0.02% |
| 191 | Accenture plc | ACN | 3,611 | $1.0M | 0.02% |
| 192 | Wal-Mart de Mexico S.A.B. de C | 93114W107 | 25,396 | $1.0M | 0.01% |
| 193 | Agnico Eagle Mines Ltd. | AEM | 19,847 | $1.0M | 0.01% |
| 194 | ICON plc | ICLR | 4,572 | $976,533 | 0.01% |
| 195 | DSV A.S. | 26251A108 | 10,002 | $967,513 | 0.01% |
| 196 | Blackstone Group LP | BX | 11,000 | $966,240 | 0.01% |
| 197 | CyberArk Software Ltd. | M2682V108 | 6,474 | $958,023 | 0.01% |
| 198 | BRP Group Inc. | BWIN | 37,401 | $952,229 | 0.01% |
| 199 | Waste Connections Inc. | WCN | 6,805 | $946,371 | 0.01% |
| 200 | Kadant Inc. | KAI | 4,530 | $944,596 | 0.01% |
| 201 | POSCO Holdings Inc. | PKX | 13,449 | $937,230 | 0.01% |
| 202 | Shell plc | RYDAF | 16,191 | $931,630 | 0.01% |
| 203 | Brown & Brown Inc. | BRO | 16,043 | $921,189 | 0.01% |
| 204 | Portman Ridge Finance Corp. | BCIC | 44,000 | $906,840 | 0.01% |
| 205 | John Bean Technologies Corp. | JBTM | 8,181 | $894,101 | 0.01% |
| 206 | Zurich Insurance Group A.G. | 989825104 | 18,613 | $891,786 | 0.01% |
| 207 | Northwest Natural Holding Co. | 66765N105 | 18,320 | $871,299 | 0.01% |
| 208 | Infosys Ltd. | INFY | 49,784 | $868,230 | 0.01% |
| 209 | i3 Verticals Inc. | IIIV | 35,380 | $867,871 | 0.01% |
| 210 | Perficient Inc. | 71375U101 | 12,009 | $866,930 | 0.01% |
| 211 | Allied Motion Technologies Inc | ALNT | 22,425 | $866,726 | 0.01% |
| 212 | Forward Air Corp. | FWRD | 8,022 | $864,451 | 0.01% |
| 213 | Gates Industrial Corp. plc | G39108108 | 61,406 | $852,929 | 0.01% |
| 214 | Edgewell Personal Care Co. | 28035Q102 | 20,080 | $851,794 | 0.01% |
| 215 | DBS Group Holdings Ltd. | 23304y100 | 8,579 | $851,740 | 0.01% |
| 216 | Sony Group Corp. | SNEJF | 9,270 | $840,325 | 0.01% |
| 217 | Core Laboratories N.V. | N22717107 | 37,837 | $834,306 | 0.01% |
| 218 | Willis Towers Watson plc | WTW | 3,586 | $833,315 | 0.01% |
| 219 | Stewart Information Services | 860372101 | 20,450 | $825,157 | 0.01% |
| 220 | J & J Snack Foods Corp. | JJSF | 5,558 | $823,807 | 0.01% |
| 221 | RBC Bearings Inc. | RBC | 3,527 | $820,839 | 0.01% |
| 222 | Winnebago Industries Inc. | 974637100 | 14,208 | $819,802 | 0.01% |
| 223 | Golub Capital BDC Inc. | 38173M102 | 60,061 | $814,427 | 0.01% |
| 224 | iShares Gold Trust ETF | IAU | 21,639 | $808,649 | 0.01% |
| 225 | Marten Transport Ltd. | MRTN | 38,555 | $807,727 | 0.01% |
| 226 | Hagerty Inc. | HGTY | 91,625 | $800,802 | 0.01% |
| 227 | SJW Group | HTO | 10,514 | $800,431 | 0.01% |
| 228 | Sixth Street Specialty Lending | TSLX | 43,152 | $789,682 | 0.01% |
| 229 | Annaly Capital Management Inc. | NLY-PJ | 41,250 | $788,287 | 0.01% |
| 230 | MGP Ingredients Inc. | MGPI | 7,750 | $749,580 | 0.01% |
| 231 | Barings BDC Inc. | BBDC | 92,288 | $732,767 | 0.01% |
| 232 | Movado Group Inc. | MOVAA | 25,152 | $723,623 | 0.01% |
| 233 | Morningstar Inc. | MORN | 3,560 | $722,787 | 0.01% |
| 234 | FS KKR Capital Corp. | FSK | 38,500 | $712,250 | 0.01% |
| 235 | iShares National Muni Bond ETF | 464288414 | 6,601 | $711,192 | 0.01% |
| 236 | Main Street Capital Corp. | 56035L104 | 17,813 | $702,901 | 0.01% |
| 237 | Blackstone Secured Lending Fun | BX | 28,062 | $699,586 | 0.01% |
| 238 | CNH Industrial N.V. | CNH | 45,765 | $698,832 | 0.01% |
| 239 | TotalEnergies S.E. | TTE | 11,813 | $697,558 | 0.01% |
| 240 | Lonza Group | 54338V101 | 11,543 | $691,657 | 0.01% |
| 241 | United Overseas Bank Ltd. | UNTCW | 15,027 | $672,714 | 0.01% |
| 242 | Woodside Energy Group Ltd. | WOPEF | 29,494 | $661,550 | 0.01% |
| 243 | Wheaton Precious Metals Corp. | WPM | 13,677 | $658,684 | 0.01% |
| 244 | Aptiv plc | APTV | 5,864 | $657,882 | 0.01% |
| 245 | BNP Paribas S.A. | 05565A202 | 20,903 | $626,902 | 0.01% |
| 246 | Trinity Capital Inc. | TRINZ | 48,000 | $611,040 | 0.01% |
| 247 | Goldman Sachs BDC Inc. | GSBD | 44,636 | $609,281 | 0.01% |
| 248 | SLR Investment Corp. | SLRC | 40,209 | $604,739 | 0.01% |
| 249 | ING Groep N.V. | INGVF | 50,914 | $604,349 | 0.01% |
| 250 | Owl Rock Capital Corp. | OWL | 47,662 | $601,018 | 0.01% |
| 251 | SAP S.E. | SAPGF | 4,749 | $600,986 | 0.01% |
| 252 | SMC Corp. | 78445W306 | 22,907 | $600,942 | 0.01% |
| 253 | Cameco Corp. | CCJ | 22,906 | $599,439 | 0.01% |
| 254 | Crescent Capital BDC Inc. | 225655109 | 42,565 | $579,739 | 0.01% |
| 255 | Bank of America Corp. | 060505104 | 20,000 | $572,000 | 0.01% |
| 256 | Southern Copper Corp. | SCCO | 7,486 | $570,807 | 0.01% |
| 257 | Cannae Holdings Inc. | CNNE | 27,876 | $562,538 | 0.01% |
| 258 | Hercules Capital Inc. | HCXY | 43,272 | $557,776 | 0.01% |
| 259 | BlackRock TCP Capital Corp. | TCPC | 53,930 | $555,479 | 0.01% |
| 260 | CAE Inc. | CAE | 24,398 | $552,127 | 0.01% |
| 261 | Royal Gold Inc. | RGLD | 4,208 | $545,820 | 0.01% |
| 262 | American Outdoor Brands Inc. | AOUT | 55,162 | $542,794 | 0.01% |
| 263 | FARO Technologies Inc. | 311642102 | 21,943 | $540,017 | 0.01% |
| 264 | Exxon Mobil Corp. | XOM | 4,912 | $538,650 | 0.01% |
| 265 | PhenixFIN Corp. | PFXNZ | 14,551 | $531,253 | 0.01% |
| 266 | New Mountain Finance Corp. | 647551100 | 42,941 | $522,592 | 0.01% |
| 267 | ConocoPhillips | COP | 5,227 | $518,571 | 0.01% |
| 268 | Pan American Silver Corporatio | 697900108 | 27,727 | $504,631 | 0.01% |
| 269 | Chesapeake Energy Corp. | EXE | 6,596 | $501,560 | 0.01% |
| 270 | Oaktree Specialty Lending Corp | OCSL | 26,330 | $494,214 | 0.01% |
| 271 | Nintendo Co. Ltd. | NODK | 50,842 | $490,015 | 0.01% |
| 272 | Diamondback Energy Inc. | FANG | 3,615 | $488,640 | 0.01% |
| 273 | MITSUI & CO LTD-SPONS ADR | 606827202 | 788 | $487,401 | 0.01% |
| 274 | Freeport-McMoRan Inc. | FCX | 11,735 | $480,079 | 0.01% |
| 275 | Seabridge Gold Inc. | SA | 36,001 | $466,213 | 0.01% |
| 276 | Komatsu Ltd. | 500458401 | 18,801 | $462,918 | 0.01% |
| 277 | Coterra Energy Inc. | CTRA | 18,797 | $461,271 | 0.01% |
| 278 | Mosaic Co. | MOS | 9,929 | $455,543 | 0.01% |
| 279 | Newmont Mining Corp. | NEMCL | 9,271 | $454,464 | 0.01% |
| 280 | Antofagasta PLC ADR | G0398N128 | 23,047 | $450,529 | 0.01% |
| 281 | Pioneer Natural Resources Co. | 723787107 | 2,169 | $442,997 | 0.01% |
| 282 | Roche Holding A.G. | 771195104 | 12,357 | $441,219 | 0.01% |
| 283 | NVIDIA Corp. | NVDA | 1,585 | $440,265 | 0.01% |
| 284 | Southwestern Energy Co. | 845467109 | 87,965 | $439,825 | 0.01% |
| 285 | Barrick Gold Corp. | 067901108 | 23,655 | $439,267 | 0.01% |
| 286 | BHP Billiton Limited - ADR | BHPLF | 6,911 | $438,227 | 0.01% |
| 287 | Capital Southwest Corp. | CSWC | 24,563 | $436,730 | 0.01% |
| 288 | Shopify Inc. | SHOP | 9,101 | $436,302 | 0.01% |
| 289 | Glencore plc | GLCNF | 36,594 | $420,428 | 0.01% |
| 290 | Materion Corp. | MTRN | 3,586 | $415,976 | 0.01% |
| 291 | Mativ Inc. | MATV | 18,934 | $406,513 | 0.01% |
| 292 | Vista Energy S.A.B. de C.V. | VSOGF | 20,042 | $396,631 | 0.01% |
| 293 | American Express Co. | AXP | 2,400 | $395,880 | 0.01% |
| 294 | Antero Resources Corp | AR | 16,711 | $385,857 | 0.01% |
| 295 | Alcoa Corp. | AA | 9,024 | $384,061 | 0.01% |
| 296 | Controladora Vuela Cia de Avia | 21240E105 | 30,597 | $380,627 | 0.01% |
| 297 | SPDR Nuveen Barclays Capital S | 78468R739 | 7,911 | $376,168 | 0.01% |
| 298 | Sociedad Quimica y Minera de C | 833635105 | 4,481 | $363,230 | 0.01% |
| 299 | Manatuck Hill Mariner Offshore | 562996983 | 1,838 | $354,773 | 0.01% |
| 300 | MercadoLibre Inc. | MELI | 269 | $354,558 | 0.01% |
| 301 | Crescent Capital BDC Inc. | 225655109 | 24,871 | $338,743 | 0.00% |
| 302 | Costco Wholesale Corp. | 22160K105 | 674 | $334,890 | 0.00% |
| 303 | Fomento Economico Mexicano S.A | 344419106 | 3,441 | $327,569 | 0.00% |
| 304 | RE/MAX Holdings Inc. | RMAX | 17,400 | $326,424 | 0.00% |
| 305 | Alphabet Inc. | GOOG | 3,115 | $323,119 | 0.00% |
| 306 | OFS Capital Corp. | OFSSO | 31,274 | $321,809 | 0.00% |
| 307 | WNS Holdings Ltd. | 92932M101 | 3,450 | $321,436 | 0.00% |
| 308 | Rayonier Inc. | RYN | 9,653 | $321,059 | 0.00% |
| 309 | Visa Inc. | V | 1,423 | $320,830 | 0.00% |
| 310 | ZTO Express Cayman Inc. | ZTOEF | 10,707 | $306,863 | 0.00% |
| 311 | Invesco BulletShares 2031 Muni | IVZ | 14,326 | $306,849 | 0.00% |
| 312 | Invesco BulletShares 2030 Muni | IVZ | 13,781 | $306,352 | 0.00% |
| 313 | Invesco BulletShares 2029 Muni | IVZ | 13,099 | $306,348 | 0.00% |
| 314 | iShares iBonds Dec 2028 Term M | 46435U325 | 11,965 | $306,304 | 0.00% |
| 315 | iShares iBonds Dec 2024 Term M | 46435U697 | 11,706 | $302,834 | 0.00% |
| 316 | iShares iBonds Dec 2023 Term M | 46435G318 | 11,900 | $302,617 | 0.00% |
| 317 | Gold Fields Ltd. | GFIOF | 22,586 | $300,846 | 0.00% |
| 318 | Tencent Holdings Ltd. | XHLD | 6,031 | $296,406 | 0.00% |
| 319 | Yum China Holdings Inc. | YUMC | 4,612 | $292,361 | 0.00% |
| 320 | ENN Energy Holdings Ltd. | 26876F102 | 5,194 | $284,777 | 0.00% |
| 321 | H World Group Ltd. | HWLDF | 5,658 | $277,129 | 0.00% |
| 322 | Denison Mines Corp. | DNN | 251,014 | $273,605 | 0.00% |
| 323 | MakeMyTrip Ltd. | MMYT | 11,012 | $269,464 | 0.00% |
| 324 | ICICI Bank Ltd. | IBN | 12,232 | $263,967 | 0.00% |
| 325 | Grupo Financiero Banorte S.A.B | 40052P107 | 6,272 | $263,512 | 0.00% |
| 326 | HDFC Bank Ltd. | HDB | 3,902 | $260,146 | 0.00% |
| 327 | Localiza Rent a Car S.A. | 53956W300 | 24,729 | $259,704 | 0.00% |
| 328 | TriplePoint Venture Growth BDC | TPVG | 20,941 | $252,967 | 0.00% |
| 329 | SPDR Gold Shares ETF | GLD | 1,365 | $250,095 | 0.00% |
| 330 | Kemper Corp. | KMPB | 4,470 | $244,330 | 0.00% |
| 331 | Dr Reddy's Laboratories Ltd. | 256135203 | 4,279 | $243,603 | 0.00% |
| 332 | Uranium Energy Corp. | UEC | 82,948 | $238,890 | 0.00% |
| 333 | Vale S.A. | VALE | 15,015 | $236,937 | 0.00% |
| 334 | JPMorgan Chase & Co. | VYLD | 1,798 | $234,297 | 0.00% |
| 335 | Baidu Inc. | BAIDF | 1,552 | $234,228 | 0.00% |
| 336 | AIA Group Ltd. | 001317205 | 5,513 | $232,180 | 0.00% |
| 337 | Portman Ridge Finance Corp. | BCIC | 10,806 | $222,712 | 0.00% |
| 338 | KB Financial Group Inc. | KB | 6,089 | $221,747 | 0.00% |
| 339 | Honeywell International Inc. | 438516106 | 1,138 | $217,495 | 0.00% |
| 340 | Wuxi Biologics Cayman Inc. | 98260N108 | 17,532 | $217,081 | 0.00% |
| 341 | FS KKR Capital Corp. | FSK | 11,334 | $209,679 | 0.00% |
| 342 | Curtiss-Wright Corp. | CW | 1,160 | $204,462 | 0.00% |
| 343 | Apple Inc. | AAPL | 1,237 | $203,981 | 0.00% |
| 344 | PennantPark Investment Corp. | 708062104 | 37,856 | $199,880 | 0.00% |
| 345 | PT Astra International Tbk | 69367X109 | 24,709 | $197,746 | 0.00% |
| 346 | Markel Corp. | MKL | 150 | $191,611 | 0.00% |
| 347 | Oaktree Specialty Lending Corp | OCSL | 10,000 | $187,700 | 0.00% |
| 348 | Sendas Distribuidora S.A. | 81689T104 | 12,155 | $187,187 | 0.00% |
| 349 | Ecopetrol S.A. | EC | 16,482 | $174,050 | 0.00% |
| 350 | Cie Financiere Richemont S.A. | 204319107 | 10,654 | $170,155 | 0.00% |
| 351 | Cia Brasileira de Distribuicao | 20440T300 | 55,417 | $162,926 | 0.00% |
| 352 | Ping An Insurance Group Co. of | 72341E304 | 11,131 | $144,914 | 0.00% |
| 353 | JBS S.A. | 466110103 | 15,682 | $110,103 | 0.00% |
| 354 | Trinity Capital Inc. | TRINZ | 8,531 | $108,600 | 0.00% |
| 355 | Pagseguro Digital Ltd. | PAGS | 10,214 | $87,534 | 0.00% |
| 356 | Bank of America Corp. | 060505104 | 789 | $22,565 | 0.00% |
| 357 | AGNC Investment Corp. | AGNCZ | 1,958 | $19,737 | 0.00% |
| 358 | Annaly Capital Management Inc. | NLY-PJ | 648 | $12,383 | 0.00% |