13F HOLDINGS REPORT
CONFLUENCE INVESTMENT MANAGEMENT LLC
Quarter ended Q3 2024 · Filed October 31, 2024 · Accession 0001636661-24-000010
Total Value
$7.48B
Positions
357
Other Managers
1
Confidential Omitted
No
Holdings (357)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Progressive Corp. | 743315103 | 901,260 | $228.7M | 3.06% |
| 2 | Lockheed Martin Corp. | LMT | 312,662 | $182.8M | 2.44% |
| 3 | Diageo plc | DGEAF | 1,215,786 | $170.6M | 2.28% |
| 4 | Chubb Ltd. | CB | 587,389 | $169.4M | 2.26% |
| 5 | Linde plc | LIN | 338,037 | $161.2M | 2.15% |
| 6 | Snap-on Inc. | SNA | 544,910 | $157.9M | 2.11% |
| 7 | PepsiCo Inc. | PEP | 904,853 | $153.9M | 2.06% |
| 8 | Southern Co. | SOMN | 1,672,649 | $150.8M | 2.02% |
| 9 | Paychex Inc. | PAYX | 1,120,528 | $150.4M | 2.01% |
| 10 | Home Depot Inc. | HD | 370,178 | $150.0M | 2.00% |
| 11 | Analog Devices Inc. | ADI | 651,446 | $149.9M | 2.00% |
| 12 | WEC Energy Group Inc. | WEC | 1,510,382 | $145.3M | 1.94% |
| 13 | Fidelity National Financial In | FNF | 2,332,565 | $144.8M | 1.93% |
| 14 | Clorox Co. | CLX | 871,235 | $141.9M | 1.90% |
| 15 | Colgate-Palmolive Co. | CL | 1,352,874 | $140.4M | 1.88% |
| 16 | Broadridge Financial Solutions | 11133T103 | 642,390 | $138.1M | 1.85% |
| 17 | Microsoft Corp. | MSFT | 319,220 | $137.4M | 1.84% |
| 18 | Hershey Co. | HSY | 711,075 | $136.4M | 1.82% |
| 19 | Fastenal Co. | FAST | 1,716,128 | $122.6M | 1.64% |
| 20 | Chevron Corp. | CVX | 747,900 | $110.1M | 1.47% |
| 21 | iShares 0-3 Month Treasury Bon | 46436E718 | 1,080,467 | $108.8M | 1.45% |
| 22 | Entergy Corp. | ENO | 819,906 | $107.9M | 1.44% |
| 23 | T. Rowe Price Group Inc. | TROW | 983,989 | $107.2M | 1.43% |
| 24 | Northern Trust Corp. | NTRSO | 1,149,397 | $103.5M | 1.38% |
| 25 | Gilead Sciences Inc. | GILD | 1,190,994 | $99.9M | 1.33% |
| 26 | Kinder Morgan Inc. | EP-PC | 4,484,559 | $99.1M | 1.32% |
| 27 | Brookfield Infrastructure Corp | BIPC | 2,273,742 | $98.7M | 1.32% |
| 28 | Oracle Corp. | ORCL-PD | 574,303 | $97.9M | 1.31% |
| 29 | Cisco Systems Inc. | CSCO | 1,819,420 | $96.8M | 1.29% |
| 30 | Mastercard Inc. | MA | 184,852 | $91.3M | 1.22% |
| 31 | Stryker Corp. | SYK | 251,861 | $91.0M | 1.22% |
| 32 | U.S. Bancorp | USB-PS | 1,969,374 | $90.1M | 1.20% |
| 33 | Dow Inc. | DOW | 1,629,285 | $89.0M | 1.19% |
| 34 | Polaris Inc. | PII | 1,039,359 | $86.5M | 1.16% |
| 35 | United Parcel Service Inc. | UPS | 613,787 | $83.7M | 1.12% |
| 36 | S&P Global Inc. | SPGI | 155,509 | $80.3M | 1.07% |
| 37 | Masco Corp. | MAS | 947,865 | $79.6M | 1.06% |
| 38 | W. R. Berkley Corp. | WRB-PH | 1,363,295 | $77.3M | 1.03% |
| 39 | TJX Cos. Inc. | 872540109 | 650,928 | $76.5M | 1.02% |
| 40 | Ares Capital Corp. | ARCC | 3,631,573 | $76.0M | 1.02% |
| 41 | Weyerhaeuser Co. | WY | 2,051,440 | $69.5M | 0.93% |
| 42 | Berkshire Hathaway Inc. - B | BRK-A | 150,242 | $69.2M | 0.92% |
| 43 | Rayonier Inc. | RYN | 2,087,364 | $67.2M | 0.90% |
| 44 | Starbucks Corp. | SBUX | 688,549 | $67.1M | 0.90% |
| 45 | Lowe's Cos. Inc. | 548661107 | 240,957 | $65.3M | 0.87% |
| 46 | Graco Inc. | GGG | 719,415 | $63.0M | 0.84% |
| 47 | Paycom Software Inc. | PAYC | 377,876 | $62.9M | 0.84% |
| 48 | Illinois Tool Works Inc. | 452308109 | 239,962 | $62.9M | 0.84% |
| 49 | SPDR Portfolio Mortgage Backed | 78464A383 | 2,771,898 | $62.5M | 0.83% |
| 50 | Brown & Brown Inc. | BRO | 533,265 | $55.2M | 0.74% |
| 51 | Keysight Technologies Inc. | KEYS | 343,251 | $54.6M | 0.73% |
| 52 | Markel Corp. Inc. | MKL | 34,284 | $53.8M | 0.72% |
| 53 | Invesco S&P MidCap Quality ETF | IVZ | 518,323 | $53.2M | 0.71% |
| 54 | NXP Semiconductors N.V. | NXPI | 218,122 | $52.4M | 0.70% |
| 55 | Thermo Fisher Scientific Inc. | TMO | 84,593 | $52.3M | 0.70% |
| 56 | Alphabet Inc. | GOOG | 292,864 | $49.0M | 0.65% |
| 57 | Dun & Bradstreet Holdings Inc. | 26484T106 | 4,063,029 | $46.8M | 0.63% |
| 58 | SPDR S&P 400 Mid Cap Growth ET | 78464A821 | 488,176 | $42.8M | 0.57% |
| 59 | Nordson Corp. | NDSN | 156,384 | $41.1M | 0.55% |
| 60 | Booking Holdings Inc. | BKNG | 9,728 | $41.0M | 0.55% |
| 61 | iShares BB Rated Corporate Bon | 46435U473 | 762,116 | $36.1M | 0.48% |
| 62 | Constellation Brands | STZ | 138,370 | $35.7M | 0.48% |
| 63 | Martin Marietta Materials Inc. | 573284106 | 64,209 | $34.6M | 0.46% |
| 64 | SPDR Gold MiniShares Trust ETF | GLDW | 621,956 | $32.4M | 0.43% |
| 65 | SPDR Portfolio Developed World | 78463X889 | 852,528 | $32.0M | 0.43% |
| 66 | Sherwin-Williams Co. | SHW | 82,478 | $31.5M | 0.42% |
| 67 | ResMed Inc. | RSMDF | 126,864 | $31.0M | 0.41% |
| 68 | iShares iBonds Dec 2027 Term T | 46436E841 | 1,355,971 | $30.7M | 0.41% |
| 69 | Ecolab Inc. | ECL | 115,820 | $29.6M | 0.40% |
| 70 | Air Products and Chemicals Inc | AIIR | 91,883 | $27.4M | 0.37% |
| 71 | General Dynamics Corp. | GD | 87,746 | $26.5M | 0.35% |
| 72 | McDonald's Corp. | MCD | 84,325 | $25.7M | 0.34% |
| 73 | Expeditors International of Wa | 302130109 | 191,370 | $25.1M | 0.34% |
| 74 | Procter & Gamble Co. | 742718109 | 142,676 | $24.7M | 0.33% |
| 75 | Donaldson Co. Inc. | DCI | 332,888 | $24.5M | 0.33% |
| 76 | A. O. Smith Corp. | AOS | 272,218 | $24.5M | 0.33% |
| 77 | Amphenol Corp. | 032095101 | 368,017 | $24.0M | 0.32% |
| 78 | EOG Resources Inc. | EOG | 192,518 | $23.7M | 0.32% |
| 79 | New Jersey Resources Corp. | NJR | 458,533 | $21.6M | 0.29% |
| 80 | American Water Works Co. Inc. | 030420103 | 145,972 | $21.3M | 0.29% |
| 81 | Dollar Tree Inc. | DLTR | 298,833 | $21.0M | 0.28% |
| 82 | Baldwin Insurance Group Inc. | BWIN | 412,941 | $20.6M | 0.27% |
| 83 | NIKE Inc. | NKE | 231,488 | $20.5M | 0.27% |
| 84 | Toro Co. | TORO | 230,379 | $20.0M | 0.27% |
| 85 | Brown-Forman Corporation - B | BF-B | 406,079 | $20.0M | 0.27% |
| 86 | Morningstar Inc. | MORN | 62,127 | $19.8M | 0.26% |
| 87 | Becton Dickinson and Co. | BDX | 81,798 | $19.7M | 0.26% |
| 88 | Medtronic plc | MDT | 216,499 | $19.5M | 0.26% |
| 89 | iShares 1-3 Year Treasury Bond | 464287457 | 230,857 | $19.2M | 0.26% |
| 90 | Charles River Laboratories Int | 159864107 | 94,959 | $18.7M | 0.25% |
| 91 | SPDR S&P 600 Small Cap Growth | 78464A201 | 199,350 | $18.6M | 0.25% |
| 92 | iShares MBS ETF | 464288588 | 190,066 | $18.2M | 0.24% |
| 93 | Gates Industrial Corp. plc | G39108108 | 1,034,962 | $18.2M | 0.24% |
| 94 | Invesco S&P Small Cap Quality | IVZ | 417,867 | $18.1M | 0.24% |
| 95 | SPDR S&P 400 Mid Cap Value ETF | 78464A839 | 219,960 | $17.5M | 0.23% |
| 96 | SPDR Portfolio S&P 500 Growth | 78464A409 | 198,608 | $16.5M | 0.22% |
| 97 | iShares iBonds Dec 2026 Term C | 46435GAA0 | 661,138 | $16.1M | 0.21% |
| 98 | iShares iBonds Dec 2028 Term T | 46436E833 | 682,066 | $15.4M | 0.21% |
| 99 | SPDR S&P 500 ETF | SPY | 25,658 | $14.7M | 0.20% |
| 100 | SPDR Portfolio S&P 500 Value E | 78464a508 | 272,876 | $14.4M | 0.19% |
| 101 | Keurig Dr. Pepper Inc. | KDP | 374,448 | $14.0M | 0.19% |
| 102 | Vontier Corp. | VNT | 391,089 | $13.2M | 0.18% |
| 103 | Global X Uranium ETF | 37954Y871 | 449,959 | $12.9M | 0.17% |
| 104 | iShares 1-5 Year Investment Gr | 464288646 | 228,897 | $12.1M | 0.16% |
| 105 | SPDR Portfolio High Yield Bond | 78468R606 | 478,935 | $11.5M | 0.15% |
| 106 | iShares iBonds Dec 2032 Term C | 46436E312 | 409,363 | $10.5M | 0.14% |
| 107 | Azek Co. Inc. | 05478C105 | 224,702 | $10.5M | 0.14% |
| 108 | iShares iBonds Dec 2031 Term C | 46436E486 | 493,656 | $10.5M | 0.14% |
| 109 | John Bean Technologies Corp. | JBTM | 102,585 | $10.1M | 0.14% |
| 110 | iShares iBonds Dec 2032 Term T | 46436E296 | 418,595 | $9.8M | 0.13% |
| 111 | CONMED Corp. | CNMD | 136,267 | $9.8M | 0.13% |
| 112 | Franklin FTSE Japan ETF | FGDL | 299,521 | $9.1M | 0.12% |
| 113 | Dimensional National Municipal | 25434V849 | 185,981 | $9.0M | 0.12% |
| 114 | iShares Barclays 10-20 Year Tr | 464288653 | 75,989 | $8.3M | 0.11% |
| 115 | Lululemon Athletica Inc. | LULU | 30,089 | $8.2M | 0.11% |
| 116 | iShares iBonds Dec 2033 Term C | 46436E130 | 308,623 | $8.1M | 0.11% |
| 117 | Powershares Insured National M | IVZ | 336,638 | $8.1M | 0.11% |
| 118 | SPDR Portfolio Intermediate Te | 78464A375 | 237,179 | $8.0M | 0.11% |
| 119 | iShares iBonds Dec 2029 Term T | 46436E825 | 357,157 | $7.9M | 0.11% |
| 120 | iShares iBonds Dec 2030 Term T | 46436e593 | 393,463 | $7.9M | 0.11% |
| 121 | BondBloxx Bloomberg One Year T | 09789C861 | 150,419 | $7.5M | 0.10% |
| 122 | iShares Core S&P US Value ETF | 464287663 | 71,045 | $6.8M | 0.09% |
| 123 | Hercules Capital Inc. | HCXY | 330,000 | $6.5M | 0.09% |
| 124 | Invesco BulletShares 2028 Muni | IVZ | 269,708 | $6.4M | 0.09% |
| 125 | iShares US Aerospace & Defense | 464288760 | 40,460 | $6.1M | 0.08% |
| 126 | Invesco BulletShares 2030 Muni | IVZ | 265,118 | $5.9M | 0.08% |
| 127 | iShares iBonds Dec 2029 Term C | 46436E205 | 246,605 | $5.8M | 0.08% |
| 128 | Invesco BulletShares 2027 Muni | IVZ | 243,449 | $5.8M | 0.08% |
| 129 | Invesco BulletShares 2031 Muni | IVZ | 265,529 | $5.7M | 0.08% |
| 130 | i3 Verticals Inc. | IIIV | 263,021 | $5.6M | 0.07% |
| 131 | Main Street Capital Corp. | 56035L104 | 111,000 | $5.6M | 0.07% |
| 132 | Invesco BulletShares 2026 Muni | IVZ | 220,159 | $5.2M | 0.07% |
| 133 | Invesco BulletShares 2025 Muni | IVZ | 212,421 | $5.2M | 0.07% |
| 134 | Blackstone Secured Lending Fun | BX | 160,000 | $4.7M | 0.06% |
| 135 | Ares Capital Corp. | ARCC | 205,000 | $4.3M | 0.06% |
| 136 | New Mountain Finance Corp. | 647551100 | 353,000 | $4.2M | 0.06% |
| 137 | Brookfield Asset Management | 113004105 | 88,872 | $4.2M | 0.06% |
| 138 | iShares 3-7 Year Treasury Bond | 464288661 | 35,113 | $4.2M | 0.06% |
| 139 | SPDR Energy Select Sector ETF | 81369Y506 | 47,074 | $4.1M | 0.06% |
| 140 | SPDR Nuveen S&P High Yield Mun | 78464A284 | 154,833 | $4.1M | 0.05% |
| 141 | Sixth Street Specialty Lending | TSLX | 197,000 | $4.0M | 0.05% |
| 142 | SPDR Nuveen Barclays Capital S | 78468R739 | 83,338 | $4.0M | 0.05% |
| 143 | iShares iBonds Dec 2027 Term C | 46435UAA9 | 164,089 | $4.0M | 0.05% |
| 144 | Golub Capital BDC Inc. | 38173M102 | 260,000 | $3.9M | 0.05% |
| 145 | Amplify Cyber Security ETF | 032108664 | 57,499 | $3.9M | 0.05% |
| 146 | Barings BDC Inc. | BBDC | 390,000 | $3.8M | 0.05% |
| 147 | RBC Bearings Inc. | RBC | 12,000 | $3.6M | 0.05% |
| 148 | Blue Owl Capital Corp III | 69122G102 | 250,000 | $3.6M | 0.05% |
| 149 | VanEck High Yield Muni ETF | 92189H409 | 66,054 | $3.5M | 0.05% |
| 150 | Berkshire Hathaway Inc. - A | BRK-A | 5 | $3.5M | 0.05% |
| 151 | Cavco Industries Inc. | 149568107 | 8,040 | $3.4M | 0.05% |
| 152 | Stewart Information Services C | 860372101 | 45,691 | $3.4M | 0.05% |
| 153 | Kadant Inc. | KAI | 10,098 | $3.4M | 0.05% |
| 154 | Spectrum Brands Holdings Inc. | SPB | 35,442 | $3.4M | 0.05% |
| 155 | Sapiens International Corp. N. | G7T16G103 | 84,002 | $3.1M | 0.04% |
| 156 | abrdn Physical Silver Shares E | SIVR | 97,957 | $2.9M | 0.04% |
| 157 | J & J Snack Foods Corp. | JJSF | 16,822 | $2.9M | 0.04% |
| 158 | UFP Technologies Inc. | UFPT | 8,817 | $2.8M | 0.04% |
| 159 | Invesco BulletShares 2029 Muni | IVZ | 116,658 | $2.7M | 0.04% |
| 160 | Perficient Inc. | 71375U101 | 35,418 | $2.7M | 0.04% |
| 161 | Hagerty Inc. | HGTY | 257,012 | $2.6M | 0.03% |
| 162 | Hayward Holdings Inc. | HAYW | 167,617 | $2.6M | 0.03% |
| 163 | SLR Investment Corp. | SLRC | 161,000 | $2.4M | 0.03% |
| 164 | Edgewell Personal Care Co. | 28035Q102 | 65,656 | $2.4M | 0.03% |
| 165 | SJW Group | HTO | 40,123 | $2.3M | 0.03% |
| 166 | Winnebago Industries Inc. | 974637100 | 39,409 | $2.3M | 0.03% |
| 167 | Franklin Street Properties Cor | 35471R106 | 1,231,656 | $2.2M | 0.03% |
| 168 | iShares National Muni Bond ETF | 464288414 | 20,021 | $2.2M | 0.03% |
| 169 | John B Sanfilippo & Son Inc. | JBSS | 22,533 | $2.1M | 0.03% |
| 170 | MGP Ingredients Inc. | MGPI | 24,943 | $2.1M | 0.03% |
| 171 | Berkshire Hathaway Inc. - B | BRK-A | 4,500 | $2.1M | 0.03% |
| 172 | Marten Transport Ltd. | MRTN | 114,221 | $2.0M | 0.03% |
| 173 | Core Laboratories N.V. | CLB | 106,368 | $2.0M | 0.03% |
| 174 | iShares iBonds Dec 2026 Term M | 46435U259 | 74,294 | $1.9M | 0.03% |
| 175 | Healthcare Services Group Inc. | 421906108 | 166,944 | $1.9M | 0.02% |
| 176 | TripAdvisor Inc. | TRIP | 128,221 | $1.9M | 0.02% |
| 177 | Goldman Sachs BDC Inc. | GSBD | 135,000 | $1.9M | 0.02% |
| 178 | Cannae Holdings Inc. | CNNE | 97,314 | $1.9M | 0.02% |
| 179 | Capital Southwest Corp. | CSWC | 71,000 | $1.8M | 0.02% |
| 180 | Taiwan Semiconductor Manufactu | 874039100 | 10,332 | $1.8M | 0.02% |
| 181 | PennantPark Investment Corp. | 708062104 | 256,000 | $1.8M | 0.02% |
| 182 | Nuveen Churchill Direct Lendin | 67090S108 | 100,000 | $1.7M | 0.02% |
| 183 | Blackstone Group LP | BX | 11,000 | $1.7M | 0.02% |
| 184 | Bain Capital Specialty Finance | 05684B107 | 100,000 | $1.7M | 0.02% |
| 185 | Agnico Eagle Mines Ltd. | AEM | 20,057 | $1.6M | 0.02% |
| 186 | Movado Group Inc. | MOVAA | 83,579 | $1.6M | 0.02% |
| 187 | Ecovyst Inc. | ECVT | 217,096 | $1.5M | 0.02% |
| 188 | American Outdoor Brands Inc. | AOUT | 159,770 | $1.5M | 0.02% |
| 189 | Oaktree Specialty Lending Corp | OCSL | 90,000 | $1.5M | 0.02% |
| 190 | Kayne Anderson BDC | KBDC | 90,000 | $1.5M | 0.02% |
| 191 | Shell plc | RYDAF | 21,940 | $1.4M | 0.02% |
| 192 | Palmer Square Capital BDC Inc. | PSBD | 84,528 | $1.4M | 0.02% |
| 193 | Golub Capital BDC Inc. | 38173M102 | 85,613 | $1.3M | 0.02% |
| 194 | Baldwin Insurance Group Inc. | BWIN | 25,603 | $1.3M | 0.02% |
| 195 | Barings BDC Inc. | BBDC | 125,354 | $1.2M | 0.02% |
| 196 | Techtronic Industries Co. Ltd. | 87873R101 | 16,014 | $1.2M | 0.02% |
| 197 | Novo Nordisk A.S. | NONOF | 10,054 | $1.2M | 0.02% |
| 198 | Rheinmetall AG | RH | 10,500 | $1.1M | 0.02% |
| 199 | Accenture plc | ACN | 3,205 | $1.1M | 0.02% |
| 200 | ICON plc | ICLR | 3,792 | $1.1M | 0.01% |
| 201 | Sixth Street Specialty Lending | TSLX | 52,909 | $1.1M | 0.01% |
| 202 | iShares iBonds Dec 2024 Term M | 46435U697 | 41,187 | $1.1M | 0.01% |
| 203 | AerCap Holdings N.V. | AER | 11,259 | $1.1M | 0.01% |
| 204 | Sandoz Group | 799926100 | 25,542 | $1.1M | 0.01% |
| 205 | Cameco Corp. | CCJ | 22,118 | $1.1M | 0.01% |
| 206 | iShares iBonds Dec 2027 Term M | 46435U283 | 41,256 | $1.0M | 0.01% |
| 207 | Zurich Insurance Group A.G. | 989825104 | 34,740 | $1.0M | 0.01% |
| 208 | Main Street Capital Corp. | 56035L104 | 19,879 | $996,733 | 0.01% |
| 209 | Hercules Capital Inc. | HCXY | 50,452 | $990,877 | 0.01% |
| 210 | SAP S.E. | SAPGF | 4,276 | $979,632 | 0.01% |
| 211 | Willis Towers Watson plc | WTW | 3,300 | $971,949 | 0.01% |
| 212 | Hagerty Inc. | HGTY | 94,918 | $965,316 | 0.01% |
| 213 | DBS Group Holdings Ltd. | 23304y100 | 8,087 | $954,047 | 0.01% |
| 214 | Mitsubishi UFJ Financial | 606822104 | 92,783 | $944,531 | 0.01% |
| 215 | CyberArk Software Ltd. | M2682V108 | 3,237 | $943,942 | 0.01% |
| 216 | Blackstone Secured Lending Fun | BX | 31,826 | $932,184 | 0.01% |
| 217 | Chugai Pharms Co. Ltd. | 171269103 | 38,457 | $926,429 | 0.01% |
| 218 | Sapiens International Corp. N. | G7T16G103 | 24,415 | $909,947 | 0.01% |
| 219 | RBC Bearings Inc. | RBC | 3,037 | $909,217 | 0.01% |
| 220 | L'Oreal S.A. | 502117203 | 10,079 | $904,691 | 0.01% |
| 221 | Tokio Marine Holdings Inc. | 889094108 | 24,659 | $903,752 | 0.01% |
| 222 | New Mountain Finance Corp. | 647551100 | 75,334 | $902,501 | 0.01% |
| 223 | ITOCHU Corp. | ITOCF | 8,338 | $897,586 | 0.01% |
| 224 | J & J Snack Foods Corp. | JJSF | 5,149 | $886,246 | 0.01% |
| 225 | Southern Copper Corp. | SCCO | 7,620 | $881,417 | 0.01% |
| 226 | Safran S.A. | 786584102 | 14,902 | $877,460 | 0.01% |
| 227 | MidCap Financial Investment Co | 03761U502 | 65,000 | $870,350 | 0.01% |
| 228 | iShares iBonds Dec 2028 Term M | 46435U325 | 33,636 | $862,091 | 0.01% |
| 229 | ING Groep N.V. | INGVF | 47,448 | $861,656 | 0.01% |
| 230 | Unilever plc | UNLYF | 13,129 | $852,860 | 0.01% |
| 231 | Haleon plc | HLNCF | 80,566 | $852,388 | 0.01% |
| 232 | Blue Owl Capital Corp III | 69122G102 | 59,025 | $845,828 | 0.01% |
| 233 | Sony Group Corp. | SNEJF | 8,602 | $830,695 | 0.01% |
| 234 | OFS Capital Corp. | OFSSO | 98,000 | $828,100 | 0.01% |
| 235 | Stewart Information Services C | 860372101 | 11,048 | $825,728 | 0.01% |
| 236 | Goldman Sachs BDC Inc. | GSBD | 59,500 | $818,720 | 0.01% |
| 237 | Perficient Inc. | 71375U101 | 10,817 | $816,467 | 0.01% |
| 238 | Portman Ridge Finance Corp. | BCIC | 44,000 | $816,200 | 0.01% |
| 239 | Brown & Brown Inc. | BRO | 7,825 | $810,670 | 0.01% |
| 240 | Azek Co. Inc. | 05478C105 | 17,122 | $801,310 | 0.01% |
| 241 | Hayward Holdings Inc. | HAYW | 51,484 | $789,765 | 0.01% |
| 242 | Crescent Capital BDC Inc. | 225655109 | 42,565 | $787,458 | 0.01% |
| 243 | TotalEnergies S.E. | TTE | 12,112 | $782,677 | 0.01% |
| 244 | i3 Verticals Inc. | IIIV | 36,651 | $781,033 | 0.01% |
| 245 | Gates Industrial Corp. plc | G39108108 | 43,966 | $771,603 | 0.01% |
| 246 | UFP Technologies Inc. | UFPT | 2,431 | $769,898 | 0.01% |
| 247 | CONMED Corp. | CNMD | 10,675 | $767,746 | 0.01% |
| 248 | Cavco Industries Inc. | 149568107 | 1,785 | $764,408 | 0.01% |
| 249 | FS KKR Capital Corp. | FSK | 38,500 | $759,605 | 0.01% |
| 250 | SJW Group | HTO | 13,047 | $758,161 | 0.01% |
| 251 | Kadant Inc. | KAI | 2,228 | $753,064 | 0.01% |
| 252 | Wheaton Precious Metals Corp. | WPM | 12,120 | $740,290 | 0.01% |
| 253 | Morningstar Inc. | MORN | 2,305 | $735,572 | 0.01% |
| 254 | Nintendo Co. Ltd. | NODK | 55,199 | $735,251 | 0.01% |
| 255 | John B Sanfilippo & Son Inc. | JBSS | 7,779 | $733,637 | 0.01% |
| 256 | Mitsui & Co. Ltd. | 606827202 | 1,649 | $732,420 | 0.01% |
| 257 | Wal-Mart de Mexico S.A.B. de C | 93114W107 | 23,633 | $716,080 | 0.01% |
| 258 | iShares Gold Trust ETF | IAU | 14,370 | $714,189 | 0.01% |
| 259 | John Bean Technologies Corp. | JBTM | 7,230 | $712,227 | 0.01% |
| 260 | Marten Transport Ltd. | MRTN | 39,941 | $706,956 | 0.01% |
| 261 | Spectrum Brands Holdings Inc. | SPB | 7,409 | $704,892 | 0.01% |
| 262 | Edgewell Personal Care Co. | 28035Q102 | 19,135 | $695,366 | 0.01% |
| 263 | Capital Southwest Corp. | CSWC | 27,463 | $694,539 | 0.01% |
| 264 | Antofagasta plc | G0398N128 | 25,803 | $688,940 | 0.01% |
| 265 | Seabridge Gold Inc. | SA | 40,799 | $685,015 | 0.01% |
| 266 | LVMH Moet Hennessy Louis Vuitt | 502441306 | 4,445 | $682,796 | 0.01% |
| 267 | Chesapeake Energy Corp. | EXE | 8,161 | $671,242 | 0.01% |
| 268 | Southwestern Energy Co. | 845467109 | 94,374 | $670,999 | 0.01% |
| 269 | Freeport-McMoRan Inc. | FCX | 13,414 | $669,627 | 0.01% |
| 270 | MGP Ingredients Inc. | MGPI | 8,028 | $668,331 | 0.01% |
| 271 | Diamondback Energy Inc. | FANG | 3,867 | $666,671 | 0.01% |
| 272 | Royal Gold Inc. | RGLD | 4,719 | $662,076 | 0.01% |
| 273 | Franco-Nevada Corp. | FNV | 5,325 | $661,631 | 0.01% |
| 274 | Exxon Mobil Corp. | XOM | 5,626 | $659,497 | 0.01% |
| 275 | BAE Systems plc | BAESF | 9,899 | $656,799 | 0.01% |
| 276 | Trinity Capital Inc. | TRINZ | 48,000 | $651,360 | 0.01% |
| 277 | American Express Co. | AXP | 2,400 | $650,880 | 0.01% |
| 278 | Shopify Inc. | SHOP | 8,120 | $650,737 | 0.01% |
| 279 | Oaktree Specialty Lending Corp | OCSL | 39,721 | $647,850 | 0.01% |
| 280 | Winnebago Industries Inc. | 974637100 | 10,953 | $636,479 | 0.01% |
| 281 | Newmont Mining Corp. | NEMCL | 11,507 | $615,035 | 0.01% |
| 282 | Rio Tinto plc | RTNTF | 8,343 | $593,771 | 0.01% |
| 283 | MakeMyTrip Ltd. | MMYT | 6,357 | $590,883 | 0.01% |
| 284 | ConocoPhillips | COP | 5,555 | $584,830 | 0.01% |
| 285 | BNP Paribas S.A. | 05565A202 | 16,872 | $579,216 | 0.01% |
| 286 | Barrick Gold Corp. | 067901108 | 28,777 | $572,375 | 0.01% |
| 287 | Antero Resources Corp. | AR | 19,939 | $571,252 | 0.01% |
| 288 | Crescent Capital BDC Inc. | 225655109 | 30,641 | $566,858 | 0.01% |
| 289 | Ecovyst Inc. | ECVT | 81,585 | $558,857 | 0.01% |
| 290 | Core Laboratories N.V. | CLB | 29,392 | $544,634 | 0.01% |
| 291 | BHP Billiton Ltd. | BHPLF | 8,657 | $537,686 | 0.01% |
| 292 | iShares Russell 2000 Value ETF | 464287630 | 3,172 | $529,153 | 0.01% |
| 293 | Hess Corp. | HESM | 3,862 | $524,460 | 0.01% |
| 294 | Coterra Energy Inc. | CTRA | 21,482 | $514,494 | 0.01% |
| 295 | Glencore plc | GLCNF | 44,910 | $514,219 | 0.01% |
| 296 | Uranium Energy Corp. | UEC | 82,252 | $510,785 | 0.01% |
| 297 | Vista Energy S.A.B. de C.V. | VSOGF | 11,558 | $510,632 | 0.01% |
| 298 | Alcoa Corp. | AA | 13,063 | $503,971 | 0.01% |
| 299 | TripAdvisor Inc. | TRIP | 34,677 | $502,470 | 0.01% |
| 300 | Komatsu Ltd. | 500458401 | 17,655 | $489,573 | 0.01% |
| 301 | Movado Group Inc. | MOVAA | 26,056 | $484,642 | 0.01% |
| 302 | Denison Mines Corp. | DNN | 257,386 | $471,016 | 0.01% |
| 303 | MercadoLibre Inc. | MELI | 224 | $459,639 | 0.01% |
| 304 | Roche Holding A.G. | 771195104 | 11,071 | $442,286 | 0.01% |
| 305 | Materion Corp. | MTRN | 3,827 | $428,088 | 0.01% |
| 306 | Bank of America Corp. | 060505104 | 10,000 | $396,800 | 0.01% |
| 307 | SLR Investment Corp. | SLRC | 25,928 | $390,218 | 0.01% |
| 308 | Curtiss-Wright Corp. | CW | 1,160 | $381,280 | 0.01% |
| 309 | ICICI Bank Ltd. | IBN | 12,500 | $373,125 | 0.00% |
| 310 | Mosaic Co. | MOS | 13,664 | $365,922 | 0.00% |
| 311 | Woodside Energy Group Ltd. | WOPEF | 20,963 | $361,402 | 0.00% |
| 312 | American Outdoor Brands Inc. | AOUT | 38,053 | $350,849 | 0.00% |
| 313 | KB Financial Group Inc. | KB | 5,451 | $336,575 | 0.00% |
| 314 | PennantPark Investment Corp. | 708062104 | 46,530 | $325,245 | 0.00% |
| 315 | Bain Capital Specialty Finance | 05684B107 | 19,547 | $324,480 | 0.00% |
| 316 | Palmer Square Capital BDC Inc. | PSBD | 19,554 | $318,730 | 0.00% |
| 317 | Nuveen Churchill Direct Lendin | 67090S108 | 18,161 | $316,365 | 0.00% |
| 318 | Sociedad Quimica y Minera de C | 833635105 | 7,586 | $316,184 | 0.00% |
| 319 | Morgan Stanley Direct Lending | 61774A103 | 15,777 | $312,069 | 0.00% |
| 320 | Portman Ridge Finance Corp. | BCIC | 16,751 | $310,727 | 0.00% |
| 321 | Cannae Holdings Inc. | CNNE | 16,256 | $309,839 | 0.00% |
| 322 | iShares iBonds Dec 2029 Term M | 46436E163 | 12,139 | $309,423 | 0.00% |
| 323 | MidCap Financial Investment Co | 03761U502 | 23,078 | $309,014 | 0.00% |
| 324 | iShares iBonds Dec 2025 Term M | 46435U432 | 11,431 | $304,750 | 0.00% |
| 325 | Invesco BulletShares 2032 Munc | IVZ | 11,768 | $301,614 | 0.00% |
| 326 | Fomento Economico Mexicano S.A | 344419106 | 3,052 | $301,284 | 0.00% |
| 327 | Invesco Bulletshares 2033 Muni | IVZ | 11,246 | $296,332 | 0.00% |
| 328 | Gold Fields Ltd. | GFIOF | 19,140 | $293,799 | 0.00% |
| 329 | Dr Reddy's Laboratories Ltd. | 256135203 | 3,658 | $290,628 | 0.00% |
| 330 | Shinhan Financial Group Co. Lt | SHG | 6,808 | $288,455 | 0.00% |
| 331 | Tencent Holdings Ltd. | XHLD | 5,197 | $287,914 | 0.00% |
| 332 | FS KKR Capital Corp. | FSK | 14,168 | $279,535 | 0.00% |
| 333 | Kemper Corp. | KMPB | 4,470 | $273,787 | 0.00% |
| 334 | Coca-Cola Femsa SAB de CV | COCSF | 2,911 | $258,264 | 0.00% |
| 335 | Markel Corp. Inc. | MKL | 150 | $235,287 | 0.00% |
| 336 | Infosys Ltd. | INFY | 10,413 | $231,893 | 0.00% |
| 337 | Ameriprise Financial Inc. | 03076C106 | 480 | $225,509 | 0.00% |
| 338 | Kayne Anderson BDC | KBDC | 13,788 | $223,503 | 0.00% |
| 339 | ZTO Express Cayman Inc. | ZTOEF | 8,956 | $221,840 | 0.00% |
| 340 | Costco Wholesale Corp. | 22160K105 | 247 | $218,970 | 0.00% |
| 341 | Alibaba Group Holding Ltd. | BBAAY | 2,013 | $213,620 | 0.00% |
| 342 | HDFC Bank Ltd. | HDB | 3,389 | $212,016 | 0.00% |
| 343 | Morgan Stanley Direct Lending | 61774A103 | 10,000 | $197,800 | 0.00% |
| 344 | JBS S.A. | 466110103 | 15,544 | $180,621 | 0.00% |
| 345 | Controladora Vuela Cia de Avia | 21240E105 | 28,343 | $179,411 | 0.00% |
| 346 | Ping An Insurance Group Co. of | 72341E304 | 13,420 | $167,616 | 0.00% |
| 347 | Vale S.A. | VALE | 13,233 | $154,561 | 0.00% |
| 348 | PT Astra International Tbk | 69367X109 | 22,793 | $151,801 | 0.00% |
| 349 | BlackRock TCP Capital Corp. | TCPC | 18,138 | $150,364 | 0.00% |
| 350 | Arcos Dorados Holdings Inc. | ARCO | 17,166 | $149,688 | 0.00% |
| 351 | Betterware de Mexico SAPI de C | P1666E105 | 11,087 | $140,583 | 0.00% |
| 352 | Trinity Capital Inc. | TRINZ | 10,342 | $140,341 | 0.00% |
| 353 | BlackRock TCP Capital Corp. | TCPC | 16,559 | $137,274 | 0.00% |
| 354 | Ecopetrol S.A. | EC | 15,361 | $137,174 | 0.00% |
| 355 | Pagseguro Digital Ltd. | PAGS | 10,560 | $90,922 | 0.00% |
| 356 | Sendas Distribuidora S.A. | 81689T104 | 11,522 | $79,271 | 0.00% |
| 357 | Bank of America Corp. | 060505104 | 591 | $23,451 | 0.00% |