13F HOLDINGS REPORT
CONFLUENCE INVESTMENT MANAGEMENT LLC
Quarter ended Q3 2024 · Filed November 5, 2024 · Accession 0001636661-24-000011
Total Value
$7.07B
Positions
352
Other Managers
1
Confidential Omitted
No
Holdings (352)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Progressive Corp. | 743315103 | 1,149,637 | $183.1M | 2.59% |
| 2 | Snap-on Inc. | SNA | 604,713 | $174.7M | 2.47% |
| 3 | Fastenal Co. | FAST | 2,610,448 | $169.1M | 2.39% |
| 4 | Microsoft Corp. | MSFT | 435,989 | $163.9M | 2.32% |
| 5 | PepsiCo Inc. | PEP | 961,110 | $163.2M | 2.31% |
| 6 | Linde plc | LIN | 390,984 | $160.6M | 2.27% |
| 7 | Broadridge Financial Solutions | 11133T103 | 748,519 | $154.0M | 2.18% |
| 8 | Lockheed Martin Corp. | LMT | 338,180 | $153.3M | 2.17% |
| 9 | Chubb Ltd. | CB | 660,390 | $149.2M | 2.11% |
| 10 | Paychex Inc. | PAYX | 1,216,365 | $144.9M | 2.05% |
| 11 | Analog Devices Inc. | ADI | 714,146 | $141.8M | 2.00% |
| 12 | Home Depot Inc. | HD | 401,209 | $139.0M | 1.97% |
| 13 | Fidelity National Financial In | FNF | 2,622,551 | $133.8M | 1.89% |
| 14 | Clorox Co. | CLX | 899,112 | $128.2M | 1.81% |
| 15 | Southern Co. | SOMN | 1,816,728 | $127.4M | 1.80% |
| 16 | Nestle S.A. | 641069406 | 1,053,794 | $121.9M | 1.72% |
| 17 | Diageo plc | DGEAF | 836,444 | $121.8M | 1.72% |
| 18 | Chevron Corp. | CVX | 792,347 | $118.2M | 1.67% |
| 19 | Colgate-Palmolive Co. | CL | 1,475,618 | $117.6M | 1.66% |
| 20 | T. Rowe Price Group Inc. | TROW | 1,022,744 | $110.1M | 1.56% |
| 21 | Gilead Sciences Inc. | GILD | 1,266,954 | $102.6M | 1.45% |
| 22 | Polaris Inc. | PII | 1,074,634 | $101.8M | 1.44% |
| 23 | Digital Realty Trust Inc. | 253868103 | 740,988 | $99.7M | 1.41% |
| 24 | iShares 0-3 Month Treasury Bon | 46436E718 | 992,122 | $99.5M | 1.41% |
| 25 | Northern Trust Corp. | NTRSO | 1,168,915 | $98.6M | 1.39% |
| 26 | Cisco Systems Inc. | CSCO | 1,935,720 | $97.8M | 1.38% |
| 27 | Dow Inc. | DOW | 1,741,908 | $95.5M | 1.35% |
| 28 | Entergy Corp. | ENO | 881,763 | $89.2M | 1.26% |
| 29 | TJX Cos. Inc. | 872540109 | 929,656 | $87.2M | 1.23% |
| 30 | U.S. Bancorp | USB-PS | 1,979,499 | $85.7M | 1.21% |
| 31 | S&P Global Inc. | SPGI | 193,302 | $85.2M | 1.20% |
| 32 | Kinder Morgan Inc. | EP-PC | 4,795,178 | $84.6M | 1.20% |
| 33 | Mastercard Inc. | MA | 195,932 | $83.6M | 1.18% |
| 34 | Ares Capital Corp. | ARCC | 4,069,744 | $81.5M | 1.15% |
| 35 | Stryker Corp. | SYK | 271,827 | $81.4M | 1.15% |
| 36 | Brookfield Infrastructure Corp | BIPC | 2,298,284 | $81.1M | 1.15% |
| 37 | Weyerhaeuser Co. | WY | 2,322,685 | $80.8M | 1.14% |
| 38 | Rayonier Inc. | RYN | 2,373,640 | $79.3M | 1.12% |
| 39 | Masco Corp. | MAS | 1,025,660 | $68.7M | 0.97% |
| 40 | Graco Inc. | GGG | 778,966 | $67.6M | 0.96% |
| 41 | W. R. Berkley Corp. | WRB-PH | 953,554 | $67.4M | 0.95% |
| 42 | Starbucks Corp. | SBUX | 684,049 | $65.7M | 0.93% |
| 43 | Illinois Tool Works Inc. | 452308109 | 248,510 | $65.1M | 0.92% |
| 44 | Alphabet Inc. | GOOG | 451,666 | $63.7M | 0.90% |
| 45 | Oracle Corp. | ORCL-PD | 596,197 | $62.9M | 0.89% |
| 46 | Berkshire Hathaway Inc. - B | BRK-A | 164,458 | $58.7M | 0.83% |
| 47 | Markel Corp. Inc. | MKL | 40,358 | $57.3M | 0.81% |
| 48 | Lowe's Cos. Inc. | 548661107 | 256,240 | $57.0M | 0.81% |
| 49 | NXP Semiconductors N.V. | NXPI | 233,287 | $53.6M | 0.76% |
| 50 | Brookfield Corp. | 11271J107 | 1,331,182 | $53.4M | 0.75% |
| 51 | Keysight Technologies Inc. | KEYS | 319,864 | $50.9M | 0.72% |
| 52 | United Parcel Service Inc. | UPS | 321,094 | $50.5M | 0.71% |
| 53 | SPDR Portfolio Mortgage Backed | 78464A383 | 2,207,636 | $48.7M | 0.69% |
| 54 | Booking Holdings Inc. | BKNG | 13,683 | $48.5M | 0.69% |
| 55 | Thermo Fisher Scientific Inc. | TMO | 87,569 | $46.5M | 0.66% |
| 56 | Invesco S&P MidCap Quality ETF | IVZ | 498,312 | $44.2M | 0.62% |
| 57 | Nordson Corp. | NDSN | 158,814 | $42.0M | 0.59% |
| 58 | Brown & Brown Inc. | BRO | 579,445 | $41.2M | 0.58% |
| 59 | SPDR S&P 400 Mid Cap Growth ET | 78464A821 | 431,403 | $32.6M | 0.46% |
| 60 | Pacer US Small Cap Cash Cows 1 | 69374H857 | 674,038 | $32.4M | 0.46% |
| 61 | iShares Core S&P US Value ETF | 464287663 | 378,244 | $31.9M | 0.45% |
| 62 | Hershey Co. | HSY | 164,727 | $30.7M | 0.43% |
| 63 | iShares iBonds Dec 2027 Term T | 46436E841 | 1,362,988 | $30.5M | 0.43% |
| 64 | Dun & Bradstreet Holdings Inc. | 26484T106 | 2,441,856 | $28.6M | 0.40% |
| 65 | iShares Barclays 10-20 Year Tr | 464288653 | 260,573 | $28.2M | 0.40% |
| 66 | Clarivate plc | CLVT | 3,021,190 | $28.0M | 0.40% |
| 67 | Sherwin-Williams Co. | SHW | 86,647 | $27.0M | 0.38% |
| 68 | Amphenol Corp. | 032095101 | 270,413 | $26.8M | 0.38% |
| 69 | iShares BB Rated Corporate Bon | 46435U473 | 578,330 | $26.6M | 0.38% |
| 70 | McDonald's Corp. | MCD | 84,909 | $25.2M | 0.36% |
| 71 | Expeditors International of Wa | 302130109 | 193,464 | $24.6M | 0.35% |
| 72 | SPDR S&P 400 Mid Cap Value ETF | 78464A839 | 331,507 | $24.3M | 0.34% |
| 73 | Ecolab Inc. | ECL | 121,371 | $24.1M | 0.34% |
| 74 | Rockwell Automation Inc. | ROK | 76,790 | $23.8M | 0.34% |
| 75 | General Dynamics Corp. | GD | 91,263 | $23.7M | 0.34% |
| 76 | EOG Resources Inc. | EOG | 193,497 | $23.4M | 0.33% |
| 77 | Charles River Laboratories Int | 159864107 | 97,214 | $23.0M | 0.32% |
| 78 | Donaldson Co. Inc. | DCI | 340,822 | $22.3M | 0.31% |
| 79 | Toro Co. | TORO | 227,744 | $21.9M | 0.31% |
| 80 | BondBloxx Bloomberg One Year T | 09789C861 | 438,363 | $21.8M | 0.31% |
| 81 | Air Products and Chemicals Inc | AIIR | 78,695 | $21.5M | 0.30% |
| 82 | Vontier Corp. | VNT | 621,310 | $21.5M | 0.30% |
| 83 | Procter & Gamble Co. | 742718109 | 144,545 | $21.2M | 0.30% |
| 84 | Gates Industrial Corp. plc | G39108108 | 1,537,083 | $20.6M | 0.29% |
| 85 | iShares iBonds Dec 2026 Term C | 46435GAA0 | 841,982 | $20.1M | 0.28% |
| 86 | New Jersey Resources Corp. | NJR | 447,769 | $20.0M | 0.28% |
| 87 | iShares iBonds Dec 2026 Term T | 46436E858 | 861,827 | $19.7M | 0.28% |
| 88 | Morningstar Inc. | MORN | 68,331 | $19.6M | 0.28% |
| 89 | Becton Dickinson and Co. | BDX | 79,132 | $19.3M | 0.27% |
| 90 | NIKE Inc. | NKE | 171,900 | $18.7M | 0.26% |
| 91 | American Water Works Co. Inc. | 030420103 | 139,431 | $18.4M | 0.26% |
| 92 | Dollar Tree Inc. | DLTR | 128,596 | $18.3M | 0.26% |
| 93 | Martin Marietta Materials Inc. | 573284106 | 36,525 | $18.2M | 0.26% |
| 94 | WEC Energy Group Inc. | WEC | 213,473 | $18.0M | 0.25% |
| 95 | SPDR S&P 600 Small Cap Growth | 78464A201 | 201,585 | $16.9M | 0.24% |
| 96 | Medtronic plc | MDT | 203,715 | $16.8M | 0.24% |
| 97 | SPDR Gold MiniShares Trust ETF | GLDW | 347,041 | $14.2M | 0.20% |
| 98 | iShares iBonds Dec 2024 Term T | 46436E874 | 593,073 | $14.2M | 0.20% |
| 99 | SPDR S&P 500 ETF | SPY | 29,589 | $14.1M | 0.20% |
| 100 | SPDR Portfolio S&P 500 Value E | 78464a508 | 288,785 | $13.5M | 0.19% |
| 101 | Invesco Optimum Yield Diversif | IVZ | 921,939 | $12.3M | 0.17% |
| 102 | Keurig Dr. Pepper Inc. | KDP | 352,169 | $11.7M | 0.17% |
| 103 | Spectrum Brands Holdings Inc. | SPB | 144,730 | $11.5M | 0.16% |
| 104 | Dimensional National Municipal | 25434V849 | 230,951 | $11.2M | 0.16% |
| 105 | DuPont de Nemours Inc. | DD | 143,585 | $11.0M | 0.16% |
| 106 | Azek Co. Inc. | 05478C105 | 285,887 | $10.9M | 0.15% |
| 107 | Global X Uranium ETF | 37954Y871 | 390,737 | $10.8M | 0.15% |
| 108 | CarMax Inc. | KMX | 138,891 | $10.7M | 0.15% |
| 109 | J & J Snack Foods Corp. | JJSF | 60,738 | $10.2M | 0.14% |
| 110 | iShares iBonds Dec 2032 Term T | 46436E296 | 427,591 | $9.9M | 0.14% |
| 111 | iShares iBonds Dec 2028 Term T | 46436E833 | 444,001 | $9.9M | 0.14% |
| 112 | iShares Russell 1000 Value ETF | 464287598 | 55,119 | $9.1M | 0.13% |
| 113 | iShares iBonds Dec 2024 Term C | 46434VBG4 | 354,529 | $8.8M | 0.12% |
| 114 | Powershares Insured National M | IVZ | 364,192 | $8.8M | 0.12% |
| 115 | Vanguard Long Term Corporate B | 92206C813 | 104,243 | $8.4M | 0.12% |
| 116 | Invesco BulletShares 2025 Corp | IVZ | 405,917 | $8.3M | 0.12% |
| 117 | SPDR Portfolio Intermediate Te | 78464A375 | 248,833 | $8.2M | 0.12% |
| 118 | iShares iBonds December 2030 T | 46436e593 | 411,131 | $8.1M | 0.11% |
| 119 | iShares iBonds Dec 2025 Term T | 46436E866 | 347,078 | $8.1M | 0.11% |
| 120 | iShares iBonds Dec 2029 Term T | 46436E825 | 360,028 | $7.8M | 0.11% |
| 121 | SPDR Portfolio S&P 500 Growth | 78464A409 | 113,122 | $7.4M | 0.10% |
| 122 | Invesco BulletShares 2028 Muni | IVZ | 289,275 | $6.9M | 0.10% |
| 123 | Invesco BulletShares 2024 Muni | IVZ | 257,227 | $6.4M | 0.09% |
| 124 | Invesco BulletShares 2031 Muni | IVZ | 288,053 | $6.2M | 0.09% |
| 125 | Invesco BulletShares 2027 Muni | IVZ | 260,585 | $6.2M | 0.09% |
| 126 | iShares iBonds Dec 2024 Term M | 46435U697 | 223,581 | $5.8M | 0.08% |
| 127 | Hercules Capital Inc. | HCXY | 340,000 | $5.7M | 0.08% |
| 128 | Invesco BulletShares 2026 Muni | IVZ | 236,096 | $5.6M | 0.08% |
| 129 | Invesco BulletShares 2025 Muni | IVZ | 227,274 | $5.6M | 0.08% |
| 130 | SPDR S&P Metals & Mining ETF | 78464A755 | 82,909 | $5.0M | 0.07% |
| 131 | Main Street Capital Corp. | 56035L104 | 111,000 | $4.8M | 0.07% |
| 132 | iShares US Aerospace & Defense | 464288760 | 37,634 | $4.8M | 0.07% |
| 133 | RBC Bearings Inc. | RBC | 16,471 | $4.7M | 0.07% |
| 134 | SPDR Nuveen S&P High Yield Mun | 78464A284 | 177,493 | $4.5M | 0.06% |
| 135 | Stewart Information Services | 860372101 | 75,671 | $4.4M | 0.06% |
| 136 | Blackstone Secured Lending Fun | BX | 160,000 | $4.4M | 0.06% |
| 137 | Golub Capital BDC Inc. | 38173M102 | 280,000 | $4.2M | 0.06% |
| 138 | New Mountain Finance Corp. | 647551100 | 328,000 | $4.2M | 0.06% |
| 139 | PennantPark Investment Corp. | 708062104 | 600,000 | $4.1M | 0.06% |
| 140 | VanEck Vectors Long Municipal | 92189F536 | 226,755 | $4.1M | 0.06% |
| 141 | iShares iBonds Dec 2027 Term C | 46435UAA9 | 171,682 | $4.1M | 0.06% |
| 142 | SPDR Industrial Select Sector | 81369Y704 | 34,645 | $3.9M | 0.06% |
| 143 | TripAdvisor Inc. | TRIP | 180,828 | $3.9M | 0.06% |
| 144 | BlackRock TCP Capital Corp. | TCPC | 332,000 | $3.8M | 0.05% |
| 145 | Sixth Street Specialty Lending | TSLX | 177,000 | $3.8M | 0.05% |
| 146 | Kadant Inc. | KAI | 13,507 | $3.8M | 0.05% |
| 147 | Winnebago Industries Inc. | 974637100 | 51,480 | $3.8M | 0.05% |
| 148 | Cavco Industries Inc. | 149568107 | 10,790 | $3.7M | 0.05% |
| 149 | iShares iBonds Dec 2025 Term C | 46434VBD1 | 148,454 | $3.7M | 0.05% |
| 150 | SJW Group | HTO | 51,582 | $3.4M | 0.05% |
| 151 | Barings BDC Inc. | BBDC | 390,000 | $3.3M | 0.05% |
| 152 | Movado Group Inc. | MOVAA | 106,283 | $3.2M | 0.05% |
| 153 | SPDR Energy Select Sector ETF | 81369Y506 | 37,874 | $3.2M | 0.04% |
| 154 | Edgewell Personal Care Co. | 28035Q102 | 86,415 | $3.2M | 0.04% |
| 155 | MGP Ingredients Inc. | MGPI | 31,942 | $3.1M | 0.04% |
| 156 | UFP Technologies Inc. | UFPT | 17,779 | $3.1M | 0.04% |
| 157 | Marten Transport Ltd. | MRTN | 144,765 | $3.0M | 0.04% |
| 158 | Franklin Street Properties Cor | 35471R106 | 1,181,656 | $3.0M | 0.04% |
| 159 | SPDR Portfolio Developed World | 78463X889 | 88,770 | $3.0M | 0.04% |
| 160 | Ares Capital Corp. | ARCC | 150,000 | $3.0M | 0.04% |
| 161 | Hayward Holdings Inc. | HAYW | 217,220 | $3.0M | 0.04% |
| 162 | John B Sanfilippo & Son Inc. | JBSS | 28,413 | $2.9M | 0.04% |
| 163 | John Bean Technologies Corp. | JBTM | 29,410 | $2.9M | 0.04% |
| 164 | Perficient Inc. | 71375U101 | 43,556 | $2.9M | 0.04% |
| 165 | Berkshire Hathaway Inc. - A | BRK-A | 5 | $2.7M | 0.04% |
| 166 | i3 Verticals Inc. | IIIV | 127,975 | $2.7M | 0.04% |
| 167 | BRP Group Inc. | BWIN | 111,495 | $2.7M | 0.04% |
| 168 | Allient Inc. | ALNT | 84,924 | $2.6M | 0.04% |
| 169 | Hagerty Inc. | HGTY | 317,243 | $2.5M | 0.03% |
| 170 | SLR Investment Corp. | SLRC | 161,000 | $2.4M | 0.03% |
| 171 | Cannae Holdings Inc. | CNNE | 122,129 | $2.4M | 0.03% |
| 172 | Ecovyst Inc. | ECVT | 237,934 | $2.3M | 0.03% |
| 173 | Blue Owl Capital Corp. | OWL | 150,000 | $2.2M | 0.03% |
| 174 | Annaly Capital Management Inc. | NLY-PJ | 110,000 | $2.1M | 0.03% |
| 175 | Core Laboratories N.V. | CLB | 120,295 | $2.1M | 0.03% |
| 176 | iShares iBonds Dec 2025 Term M | 46435U432 | 77,628 | $2.1M | 0.03% |
| 177 | AGNC Investment Corp. | AGNCZ | 210,000 | $2.1M | 0.03% |
| 178 | iShares Russell 2000 Value ETF | 464287630 | 12,920 | $2.0M | 0.03% |
| 179 | Goldman Sachs BDC Inc. | GSBD | 135,000 | $2.0M | 0.03% |
| 180 | American Outdoor Brands Inc. | AOUT | 225,968 | $1.9M | 0.03% |
| 181 | Franklin FTSE Japan ETF | FGDL | 63,939 | $1.8M | 0.03% |
| 182 | Healthcare Services Group Inc. | 421906108 | 170,102 | $1.8M | 0.02% |
| 183 | Northwest Natural Holding Co. | 66765N105 | 43,306 | $1.7M | 0.02% |
| 184 | Capital Southwest Corp. | CSWC | 71,000 | $1.7M | 0.02% |
| 185 | Berkshire Hathaway Inc. - B | BRK-A | 4,500 | $1.6M | 0.02% |
| 186 | Blackstone Group LP | BX | 11,000 | $1.4M | 0.02% |
| 187 | Rio Tinto plc | RTNTF | 16,586 | $1.2M | 0.02% |
| 188 | CyberArk Software Ltd. | M2682V108 | 5,511 | $1.2M | 0.02% |
| 189 | OFS Capital Corp. | OFSSO | 98,000 | $1.1M | 0.02% |
| 190 | Taiwan Semiconductor Manufactu | 874039100 | 10,951 | $1.1M | 0.02% |
| 191 | Novo Nordisk A.S. | NONOF | 10,916 | $1.1M | 0.02% |
| 192 | Franco-Nevada Corp. | FNV | 9,887 | $1.1M | 0.02% |
| 193 | Accenture plc | ACN | 3,122 | $1.1M | 0.02% |
| 194 | Sapiens International Corp NV | G7T16G103 | 37,751 | $1.1M | 0.02% |
| 195 | ICON plc | ICLR | 3,857 | $1.1M | 0.02% |
| 196 | Golub Capital BDC Inc. | 38173M102 | 72,073 | $1.1M | 0.02% |
| 197 | Agnico Eagle Mines Ltd. | AEM | 18,991 | $1.0M | 0.01% |
| 198 | L'Oreal S.A. | 502117203 | 10,122 | $1.0M | 0.01% |
| 199 | Wal-Mart de Mexico S.A.B. de C | 93114W107 | 23,391 | $987,568 | 0.01% |
| 200 | Cameco Corp. | CCJ | 22,416 | $966,130 | 0.01% |
| 201 | Sixth Street Specialty Lending | TSLX | 44,719 | $965,930 | 0.01% |
| 202 | Shell plc | RYDAF | 14,657 | $964,431 | 0.01% |
| 203 | Barings BDC Inc. | BBDC | 112,263 | $963,217 | 0.01% |
| 204 | Cavco Industries Inc. | 149568107 | 2,672 | $926,169 | 0.01% |
| 205 | Zurich Insurance Group A.G. | 989825104 | 17,426 | $911,118 | 0.01% |
| 206 | TripAdvisor Inc. | TRIP | 41,693 | $897,650 | 0.01% |
| 207 | Stewart Information Services | 860372101 | 15,041 | $883,659 | 0.01% |
| 208 | Azek Co. Inc. | 05478C105 | 23,099 | $883,537 | 0.01% |
| 209 | Brown & Brown Inc. | BRO | 12,389 | $880,982 | 0.01% |
| 210 | Morningstar Inc. | MORN | 3,060 | $875,894 | 0.01% |
| 211 | RBC Bearings Inc. | RBC | 2,932 | $835,297 | 0.01% |
| 212 | Gates Industrial Corp. plc | G39108108 | 61,406 | $824,069 | 0.01% |
| 213 | TotalEnergies S.E. | TTE | 12,080 | $813,950 | 0.01% |
| 214 | iShares 3-7 Year Treasury Bond | 464288661 | 6,940 | $812,882 | 0.01% |
| 215 | Marten Transport Ltd. | MRTN | 38,555 | $808,884 | 0.01% |
| 216 | Willis Towers Watson plc | WTW | 3,342 | $806,090 | 0.01% |
| 217 | DSV A.S. | 26251A108 | 9,127 | $801,478 | 0.01% |
| 218 | AerCap Holdings N.V. | AER | 10,775 | $800,798 | 0.01% |
| 219 | Portman Ridge Finance Corp. | BCIC | 44,000 | $800,360 | 0.01% |
| 220 | Kadant Inc. | KAI | 2,838 | $795,520 | 0.01% |
| 221 | Main Street Capital Corp. | 56035L104 | 18,288 | $790,590 | 0.01% |
| 222 | Hercules Capital Inc. | HCXY | 47,424 | $790,558 | 0.01% |
| 223 | Perficient Inc. | 71375U101 | 12,009 | $790,432 | 0.01% |
| 224 | Blackstone Secured Lending Fun | BX | 28,459 | $786,607 | 0.01% |
| 225 | Mitsubishi UFJ Financial | 606822104 | 91,091 | $784,294 | 0.01% |
| 226 | John B Sanfilippo & Son Inc. | JBSS | 7,509 | $773,727 | 0.01% |
| 227 | Winnebago Industries Inc. | 974637100 | 10,573 | $770,560 | 0.01% |
| 228 | BlackRock TCP Capital Corp. | TCPC | 66,695 | $769,660 | 0.01% |
| 229 | FS KKR Capital Corp. | FSK | 38,500 | $768,845 | 0.01% |
| 230 | Sony Group Corp. | SNEJF | 8,109 | $767,841 | 0.01% |
| 231 | MGP Ingredients Inc. | MGPI | 7,750 | $763,530 | 0.01% |
| 232 | Movado Group Inc. | MOVAA | 25,152 | $758,333 | 0.01% |
| 233 | Sandoz Group | 799926100 | 23,608 | $755,692 | 0.01% |
| 234 | Bain Capital Specialty Finance | 05684B107 | 50,000 | $753,500 | 0.01% |
| 235 | i3 Verticals Inc. | IIIV | 35,380 | $748,995 | 0.01% |
| 236 | Crescent Capital BDC Inc. | 225655109 | 42,565 | $739,784 | 0.01% |
| 237 | DBS Group Holdings Ltd. | 23304y100 | 7,299 | $739,097 | 0.01% |
| 238 | Edgewell Personal Care Co. | 28035Q102 | 20,080 | $735,530 | 0.01% |
| 239 | Goldman Sachs BDC Inc. | GSBD | 50,168 | $734,961 | 0.01% |
| 240 | Blue Owl Capital Corp. | OWL | 49,048 | $723,948 | 0.01% |
| 241 | Hagerty Inc. | HGTY | 91,625 | $714,675 | 0.01% |
| 242 | SAP S.E. | SAPGF | 4,566 | $705,858 | 0.01% |
| 243 | UFP Technologies Inc. | UFPT | 4,078 | $701,579 | 0.01% |
| 244 | J & J Snack Foods Corp. | JJSF | 4,197 | $701,487 | 0.01% |
| 245 | LVMH Moet Hennessy Louis Vuitt | 502441306 | 4,295 | $697,723 | 0.01% |
| 246 | Trinity Capital Inc. | TRINZ | 48,000 | $697,440 | 0.01% |
| 247 | ING Groep N.V. | INGVF | 46,201 | $693,939 | 0.01% |
| 248 | Spectrum Brands Holdings Inc. | SPB | 8,693 | $693,441 | 0.01% |
| 249 | SJW Group | HTO | 10,514 | $687,090 | 0.01% |
| 250 | Shopify Inc. | SHOP | 8,816 | $686,766 | 0.01% |
| 251 | Hayward Holdings Inc. | HAYW | 49,698 | $675,893 | 0.01% |
| 252 | Haleon plc | HLNCF | 82,104 | $675,716 | 0.01% |
| 253 | Bank of America Corp. | 060505104 | 20,000 | $673,400 | 0.01% |
| 254 | Rheinmetall AG | RH | 10,308 | $659,815 | 0.01% |
| 255 | Southern Copper Corp. | SCCO | 7,595 | $653,702 | 0.01% |
| 256 | BRP Group Inc. | BWIN | 27,109 | $651,158 | 0.01% |
| 257 | Ecovyst Inc. | ECVT | 66,237 | $647,135 | 0.01% |
| 258 | John Bean Technologies Corp. | JBTM | 6,445 | $640,955 | 0.01% |
| 259 | BNP Paribas S.A. | 05565A202 | 18,328 | $636,715 | 0.01% |
| 260 | Allient Inc. | ALNT | 20,925 | $632,144 | 0.01% |
| 261 | Nintendo Co. Ltd. | NODK | 48,115 | $625,014 | 0.01% |
| 262 | ConocoPhillips | COP | 5,267 | $611,341 | 0.01% |
| 263 | New Mountain Finance Corp. | 647551100 | 47,589 | $605,332 | 0.01% |
| 264 | Mitsui & Co. Ltd. | 606827202 | 799 | $597,620 | 0.01% |
| 265 | iShares Core MSCI Emerging Mar | 46434G103 | 11,811 | $597,400 | 0.01% |
| 266 | Capital Southwest Corp. | CSWC | 25,099 | $594,846 | 0.01% |
| 267 | POSCO Holdings Inc. | PKX | 6,172 | $586,977 | 0.01% |
| 268 | Southwestern Energy Co. | 845467109 | 89,565 | $586,651 | 0.01% |
| 269 | Diamondback Energy Inc. | FANG | 3,739 | $579,844 | 0.01% |
| 270 | Brookfield Asset Management | 113004105 | 14,429 | $579,613 | 0.01% |
| 271 | Wheaton Precious Metals Corp. | WPM | 11,568 | $570,765 | 0.01% |
| 272 | SLR Investment Corp. | SLRC | 37,354 | $561,432 | 0.01% |
| 273 | Oaktree Specialty Lending Corp | OCSL | 27,399 | $559,488 | 0.01% |
| 274 | Chesapeake Energy Corp. | EXE | 7,146 | $549,813 | 0.01% |
| 275 | Cannae Holdings Inc. | CNNE | 27,876 | $543,861 | 0.01% |
| 276 | SMC Corp. | 78445W306 | 20,321 | $542,571 | 0.01% |
| 277 | iShares Gold Trust ETF | IAU | 13,666 | $533,384 | 0.01% |
| 278 | Uranium Energy Corp. | UEC | 83,091 | $531,782 | 0.01% |
| 279 | Royal Gold Inc. | RGLD | 4,384 | $530,289 | 0.01% |
| 280 | Freeport-McMoRan Inc. | FCX | 12,423 | $528,847 | 0.01% |
| 281 | Antofagasta PLC ADR | G0398N128 | 24,199 | $527,780 | 0.01% |
| 282 | Woodside Energy Group Ltd. | WOPEF | 24,500 | $516,705 | 0.01% |
| 283 | Pioneer Natural Resources Co. | 723787107 | 2,253 | $506,645 | 0.01% |
| 284 | Hess Corp. | HESM | 3,501 | $504,704 | 0.01% |
| 285 | Core Laboratories N.V. | CLB | 28,372 | $501,050 | 0.01% |
| 286 | Coterra Energy Inc. | CTRA | 19,614 | $500,549 | 0.01% |
| 287 | BHP Billiton Ltd. | BHPLF | 7,318 | $499,893 | 0.01% |
| 288 | Exxon Mobil Corp. | XOM | 4,985 | $498,400 | 0.01% |
| 289 | Aptiv plc | APTV | 5,502 | $493,639 | 0.01% |
| 290 | Komatsu Ltd. | 500458401 | 18,148 | $471,122 | 0.01% |
| 291 | Materion Corp. | MTRN | 3,619 | $470,940 | 0.01% |
| 292 | Glencore plc | GLCNF | 39,210 | $469,736 | 0.01% |
| 293 | Crescent Capital BDC Inc. | 225655109 | 26,970 | $468,739 | 0.01% |
| 294 | American Outdoor Brands Inc. | AOUT | 55,162 | $463,361 | 0.01% |
| 295 | Barrick Gold Corp. | 067901108 | 25,563 | $462,435 | 0.01% |
| 296 | MakeMyTrip Ltd. | MMYT | 9,772 | $459,089 | 0.01% |
| 297 | Seabridge Gold Inc. | SA | 37,792 | $458,417 | 0.01% |
| 298 | CAE Inc. | CAE | 21,009 | $453,584 | 0.01% |
| 299 | Denison Mines Corp. | DNN | 254,894 | $451,162 | 0.01% |
| 300 | American Express Co. | AXP | 2,400 | $449,616 | 0.01% |
| 301 | Newmont Mining Corp. | NEMCL | 10,089 | $417,572 | 0.01% |
| 302 | Fomento Economico Mexicano S.A | 344419106 | 3,168 | $412,977 | 0.01% |
| 303 | Antero Resources Corp. | AR | 18,061 | $409,623 | 0.01% |
| 304 | Alphabet Inc. | GOOG | 2,836 | $396,161 | 0.01% |
| 305 | Mosaic Co. | MOS | 11,024 | $393,888 | 0.01% |
| 306 | Roche Holding A.G. | 771195104 | 10,775 | $390,378 | 0.01% |
| 307 | iShares Core MSCI EAFE ETF | 46432F842 | 5,386 | $378,905 | 0.01% |
| 308 | MercadoLibre Inc. | MELI | 238 | $374,027 | 0.01% |
| 309 | iShares Core S&P 500 ETF | 464287200 | 773 | $369,208 | 0.01% |
| 310 | Alcoa Corp. | AA | 10,388 | $353,192 | 0.00% |
| 311 | Invesco BulletShares 2032 Munc | IVZ | 13,011 | $339,067 | 0.00% |
| 312 | iShares iBonds Dec 2029 Term M | 46436E163 | 12,886 | $329,882 | 0.00% |
| 313 | iShares iBonds Dec 2027 Term M | 46435U283 | 12,517 | $318,120 | 0.00% |
| 314 | Invesco BulletShares 2030 Muni | IVZ | 14,061 | $315,248 | 0.00% |
| 315 | Sociedad Quimica y Minera de C | 833635105 | 5,233 | $315,131 | 0.00% |
| 316 | iShares iBonds Dec 2028 Term M | 46435U325 | 12,189 | $311,917 | 0.00% |
| 317 | Vista Energy S.A.B. de C.V. | VSOGF | 10,558 | $311,567 | 0.00% |
| 318 | iShares iBonds Dec 2026 Term M | 46435U259 | 12,186 | $310,877 | 0.00% |
| 319 | Localiza Rent a Car S.A. | 53956W300 | 22,475 | $291,276 | 0.00% |
| 320 | PennantPark Investment Corp. | 708062104 | 41,557 | $287,159 | 0.00% |
| 321 | Gold Fields Ltd. | GFIOF | 19,740 | $285,440 | 0.00% |
| 322 | Grupo Financiero Banorte S.A.B | 40052P107 | 5,648 | $283,586 | 0.00% |
| 323 | Controladora Vuela Cia de Avia | 21240E105 | 29,028 | $272,283 | 0.00% |
| 324 | Eaton Corp. plc | ETN | 1,089 | $262,253 | 0.00% |
| 325 | Portman Ridge Finance Corp. | BCIC | 14,360 | $261,207 | 0.00% |
| 326 | Bain Capital Specialty Finance | 05684B107 | 17,320 | $261,012 | 0.00% |
| 327 | Dr Reddy's Laboratories Ltd. | 256135203 | 3,735 | $259,881 | 0.00% |
| 328 | Curtiss-Wright Corp. | CW | 1,160 | $258,436 | 0.00% |
| 329 | ICICI Bank Ltd. | IBN | 10,794 | $257,329 | 0.00% |
| 330 | Coca-Cola Femsa SAB de CV | COCSF | 2,705 | $256,001 | 0.00% |
| 331 | iShares Gold Trust Micro | IAU | 11,760 | $242,256 | 0.00% |
| 332 | Sapiens International Corp NV | G7T16G103 | 8,365 | $242,083 | 0.00% |
| 333 | NVIDIA Corp. | NVDA | 487 | $241,172 | 0.00% |
| 334 | FS KKR Capital Corp. | FSK | 11,833 | $236,305 | 0.00% |
| 335 | HDFC Bank Ltd. | HDB | 3,437 | $230,657 | 0.00% |
| 336 | Kemper Corp. | KMPB | 4,470 | $217,555 | 0.00% |
| 337 | Markel Corp. Inc. | MKL | 150 | $212,985 | 0.00% |
| 338 | Oaktree Specialty Lending Corp | OCSL | 10,000 | $204,200 | 0.00% |
| 339 | KB Financial Group Inc. | KB | 4,903 | $202,821 | 0.00% |
| 340 | Costco Wholesale Corp. | 22160K105 | 304 | $200,664 | 0.00% |
| 341 | Vale S.A. | VALE | 11,869 | $188,242 | 0.00% |
| 342 | Northwest Natural Holding Co. | 66765N105 | 4,619 | $179,864 | 0.00% |
| 343 | Ecopetrol S.A. | EC | 12,642 | $150,693 | 0.00% |
| 344 | OFS Capital Corp. | OFSSO | 11,316 | $132,397 | 0.00% |
| 345 | Trinity Capital Inc. | TRINZ | 8,899 | $129,302 | 0.00% |
| 346 | JBS S.A. | 466110103 | 11,846 | $119,882 | 0.00% |
| 347 | PT Astra International Tbk | 69367X109 | 15,116 | $110,951 | 0.00% |
| 348 | Wuxi Biologics Cayman Inc. | 98260N108 | 12,377 | $92,209 | 0.00% |
| 349 | Bank of America Corp. | 060505104 | 789 | $26,566 | 0.00% |
| 350 | Invesco Treasury Portfolio | IVZ | 19,931 | $19,931 | 0.00% |
| 351 | AGNC Investment Corp. | AGNCZ | 1,958 | $19,208 | 0.00% |
| 352 | Annaly Capital Management Inc. | NLY-PJ | 648 | $12,552 | 0.00% |