-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ICZDc2jf3f/2ZZmYS6lYxQ7/R5q5d49cK+HwGvOjOJ9Z8VMf/CNf18gnbriWd3Fm CTUtn1fYsuFbgNXncqUpSw== 0001442055-10-000001.txt : 20100108 0001442055-10-000001.hdr.sgml : 20100108 20100108101713 ACCESSION NUMBER: 0001442055-10-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091231 FILED AS OF DATE: 20100108 DATE AS OF CHANGE: 20100108 EFFECTIVENESS DATE: 20100108 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: 10516329 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 cimformdec09.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: DECEMBER 31, 2009 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 January 8, 2009 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: 0 Form 13F Information Table Entry Total: 191 Form 13F Information Table Value Total: $505,334 (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. NONE Form 13F INFORMATION TABLE TITLE OF VALUE SHARES SH/ PUT/ INVSTMT VOTING AUTHTY NAME OF ISSUER CLASS CUSIP ($000) PRN AMT PRN CALL DSCRETN SOLE SHARED NONE - ---------------------------- -------- -------- -------- ------- --- ---- ------- ----- ------ ---- Analog Devices COM 032654105 278 8808 SH SOLE 8808 0 0 Auto Data Processing Inc COM 053015103 256 5980 SH SOLE 5980 0 0 AFLAC COM 001055102 216 4679 SH SOLE 4679 0 0 Apollo Investment Corp. COM 03761U106 5915 619988 SH SOLE 619988 0 0 Allied Capital Corp. COM 01903Q108 722 200086 SH SOLE 200086 0 0 Affiliated Managers Group COM 008252108 777 11530 SH SOLE 11530 0 0 Air Products & Chemicals COM 009158106 220 2720 SH SOLE 2720 0 0 Ares Capital Corp. COM 04010L103 17247 1385309 SH SOLE 1385309 0 0 Avery Dennison Corp. COM 053611109 3650 100025 SH SOLE 100025 0 0 American Express COM 025816109 5268 130002 SH SOLE 130002 0 0 Bed Bath & Beyond Inc COM 075896100 4048 104852 SH SOLE 104852 0 0 Becton Dickinson COM 075887109 237 3004 SH SOLE 3004 0 0 Brown Forman Corp. (Class B) COM 115637209 226 4225 SH SOLE 4225 0 0 BlackRock Kelso Capital Corp. COM 092533108 8923 1047295 SH SOLE 1047295 0 0 Burlington Northern Santa Fe COM 12189T104 372 3776 SH SOLE 3776 0 0 BP PLC (Adr 1:6) COM 055622104 231 3989 SH SOLE 3989 0 0 Broadridge Financial Solutions COM 11133T103 475 21071 SH SOLE 21071 0 0 Berkshire Hathaway (Class A) COM 084670108 298 3 SH SOLE 3 0 0 Berkshire Hathaway (Class B) COM 084670207 5118 1557 SH SOLE 1557 0 0 Brown And Brown Inc COM 115236101 494 27470 SH SOLE 27470 0 0 Peabody Energy COM 704549104 6731 148892 SH SOLE 148892 0 0 Commerce Bancshares Inc COM 200525103 275 7100 SH SOLE 7100 0 0 Cadbury PLC (Adr 1:4) COM 12721E102 5894 114697 SH SOLE 114697 0 0 Cullen / frost Bankers COM 229899109 220 4405 SH SOLE 4405 0 0 Barclays Intermediate Credit B COM 464288638 783 7622 SH SOLE 7622 0 0 Colgate Palmolive Co COM 194162103 268 3265 SH SOLE 3265 0 0 Clorox COM 189054109 257 4205 SH SOLE 4205 0 0 Compass Diversified Holdings COM 20451Q104 2393 187500 SH SOLE 187500 0 0 Conoco Phillips COM 20825C104 222 4339 SH SOLE 4339 0 0 DJ-UBS Livestock Subindex Tota COM 06739H743 635 22558 SH SOLE 22558 0 0 California Pizza Kitchen COM 13054D109 894 66489 SH SOLE 66489 0 0 CPI Corp. COM 125902106 384 31235 SH SOLE 31235 0 0 Barclays 1-3 Year Credit Bond COM 464288646 872 8391 SH SOLE 8391 0 0 CENOVUS ENERGY INC COM 15135U109 219 8699 SH SOLE 8699 0 0 Chevron Corp. COM 166764100 7771 100938 SH SOLE 100938 0 0 Cemex SA de CV (Adr 1:10) COM 151290889 410 34666 SH SOLE 34666 0 0 Dreyfus Chinese Yuan Fund - Wi COM 97717W182 599 23777 SH SOLE 23777 0 0 Cypress Sharpridge Investments COM 23281A307 1637 121200 SH SOLE 121200 0 0 CYPRESS SHARPRIDGE INV 144A COM 23281A505 2598 192307 SH SOLE 192307 0 0 Du Pont (Ei) De Nemours P-A COM 263534109 2953 87695 SH SOLE 87695 0 0 DB Commodity Short - Powershar COM 25154H467 1029 27191 SH SOLE 27191 0 0 Diageo (Adr 1:4) COM 25243Q205 8085 116489 SH SOLE 116489 0 0 Quest Diagnostics Inc COM 74834L100 5355 88693 SH SOLE 88693 0 0 DJ-UBS Commodity Index Total R COM 06738c778 8705 205985 SH SOLE 205985 0 0 Dionex COM 254546104 538 7283 SH SOLE 7283 0 0 EnCana Corp COM 292505104 323 9972 SH SOLE 9972 0 0 MSCI EAFE Index Fund - iShares COM 464287465 3772 68243 SH SOLE 68243 0 0 Energen Corp. COM 29265N108 225 4811 SH SOLE 4811 0 0 Emerson Electric Co. COM 291011104 7348 172495 SH SOLE 172495 0 0 Ambassadors Group Inc COM 023177108 1903 143491 SH SOLE 143491 0 0 MSCI Pacific ex-Japan Index Fu COM 464286665 1653 39964 SH SOLE 39964 0 0 Powershares short MSCI Emergin COM 74347R396 497 12810 SH SOLE 12810 0 0 Eaton Vance Corp. COM 278265103 236 7761 SH SOLE 7761 0 0 Factset Research Systems COM 303075105 252 3831 SH SOLE 3831 0 0 Financial Federal Corp. COM 317492106 1978 71941 SH SOLE 71941 0 0 Fidelity National Financial In COM 31620R105 4593 341223 SH SOLE 341223 0 0 FPL Group Inc. COM 302571104 223 4216 SH SOLE 4216 0 0 Fifth Street Finance Corp. COM 31678A103 2550 237474 SH SOLE 237474 0 0 Forward Air Corp. COM 349853101 527 21051 SH SOLE 21051 0 0 Japanese Yen - CurrencyShares COM 23130a102 597 5600 SH SOLE 5600 0 0 Gladstone Investment Corp. COM 376546107 836 183333 SH SOLE 183333 0 0 General Dynamics Corp. COM 369550108 222 3263 SH SOLE 3263 0 0 Graco Inc COM 384109104 3015 105542 SH SOLE 105542 0 0 General Mills COM 370334104 254 3587 SH SOLE 3587 0 0 Gladstone Capital Corporation COM 376535100 3882 504789 SH SOLE 504789 0 0 Gold Trust - SPDR COM 78463V107 854 7958 SH SOLE 7958 0 0 GSC Investment Corp. COM 362493108 171 97768 SH SOLE 97768 0 0 Gladstone Commercial Corp. COM 376536108 456 33991 SH SOLE 33991 0 0 GlaxoSmithKline Plc (Adr 1:2) COM 37733W105 3449 81631 SH SOLE 81631 0 0 WW Grainger Inc COM 384802104 265 2732 SH SOLE 2732 0 0 Haemonetics Corp. COM 405024100 476 8638 SH SOLE 8638 0 0 Home Depot Inc. COM 437076102 2764 95538 SH SOLE 95538 0 0 Hibbett Sports Inc. COM 428567101 569 25878 SH SOLE 25878 0 0 HATTERAS FINANCIAL CORP 144A COM 41902R202 2796 100000 SH SOLE 100000 0 0 Hercules Technology Growth Cap COM 427096508 5556 534739 SH SOLE 534739 0 0 Heartland Express COM 422347104 527 34482 SH SOLE 34482 0 0 Hatteras Financial Corp COM 41902R103 930 33250 SH SOLE 33250 0 0 iBoxx $ High Yield Corporate B COM 464288513 10657 121327 SH SOLE 121327 0 0 IBM COM 459200101 286 2183 SH SOLE 2183 0 0 Dow Jones U.S. Utilities Secto COM 464287697 1653 22104 SH SOLE 22104 0 0 Idexx Laboratories Inc COM 45168D104 344 6431 SH SOLE 6431 0 0 Barclays 3-7 Year Treasury Bon COM 464288661 1781 16164 SH SOLE 16164 0 0 S&P MidCap 400 Value Index Fun COM 464287705 1150 17441 SH SOLE 17441 0 0 S&P MidCap 400 Growth Index Fu COM 464287606 1144 14720 SH SOLE 14720 0 0 Illinois Tool Works Inc COM 452308109 4020 83763 SH SOLE 83763 0 0 S&P 500 Value Index Fund - iSh COM 464287408 1005 18958 SH SOLE 18958 0 0 S&P 500 Index Fund - iShares COM 464287200 398 3562 SH SOLE 3562 0 0 S&P 500 Growth Index Fund - iS COM 464287309 1038 17903 SH SOLE 17903 0 0 Russell 2000 Value Index Fund COM 464287630 2997 51638 SH SOLE 51638 0 0 Russell 2000 Growth Index Fund COM 464287648 2996 44015 SH SOLE 44015 0 0 Dow Jones U.S. Telecommunicati COM 464287713 1365 68194 SH SOLE 68194 0 0 Johnson & Johnson COM 478160104 8899 138164 SH SOLE 138164 0 0 Barclays Capital High Yield Bo COM 78464A417 14094 363147 SH SOLE 363147 0 0 John Wiley & Sons (Class A) COM 968223206 1023 24419 SH SOLE 24419 0 0 Nordstrom Inc COM 655664100 248 6589 SH SOLE 6589 0 0 Kohlberg Capital Corp. COM 500233101 1880 412307 SH SOLE 412307 0 0 Kenneth Cole Productions COM 193294105 208 21592 SH SOLE 21592 0 0 Landauer COM 51476K103 2957 48153 SH SOLE 48153 0 0 Linear Technology Corp. COM 535678106 4980 162958 SH SOLE 162958 0 0 Eli Lilly & Co. COM 532457108 224 6270 SH SOLE 6270 0 0 Lowes Companies COM 548661107 6837 292316 SH SOLE 292316 0 0 iBoxx $ Investment Grade Corpo COM 464287242 10564 101433 SH SOLE 101433 0 0 Main Street Capital Corp. COM 56035L104 319 19774 SH SOLE 19774 0 0 Barclays MBS Bond Fund - iShar COM 464288588 5402 50969 SH SOLE 50969 0 0 McDonald's Corp COM 580135101 440 7054 SH SOLE 7054 0 0 MCG Capital Corp. COM 58047P107 989 228843 SH SOLE 228843 0 0 Mercury General Corp COM 589400100 3369 85806 SH SOLE 85806 0 0 Medical Action Industries COM 58449L100 2892 180308 SH SOLE 180308 0 0 Mdu Resources Group COM 552690109 231 9779 SH SOLE 9779 0 0 MFA Financial COM 55272X102 3087 420000 SH SOLE 420000 0 0 Mohawk Industries COM 608190104 1810 38033 SH SOLE 38033 0 0 Mcgraw Hill Co Inc COM 580645109 3243 96779 SH SOLE 96779 0 0 Markel Corp. COM 570535104 5238 15407 SH SOLE 15407 0 0 Martin Marietta Materials COM 573284106 3161 35357 SH SOLE 35357 0 0 3 M Company COM 88579Y101 3729 45103 SH SOLE 45103 0 0 Microsoft Corp. COM 594918104 9674 317382 SH SOLE 317382 0 0 M&T Bank Corp. COM 55261F104 246 3674 SH SOLE 3674 0 0 MVC Capital Inc COM 553829102 8674 735078 SH SOLE 735078 0 0 NGP Capital Ressources Company COM 62912R107 2891 355541 SH SOLE 355541 0 0 Annaly Capital Management Inc. COM 035710409 7201 415027 SH SOLE 415027 0 0 NorthStar Realty Finance Corp. COM 66704R100 2144 625061 SH SOLE 625061 0 0 Novartis AG (Adr) COM 66987V109 239 4385 SH SOLE 4385 0 0 Northwest Bancshares Inc. COM 667340103 1127 100000 SH SOLE 100000 0 0 Realty Income Corp COM 756109104 219 8438 SH SOLE 8438 0 0 Owens & Minor Inc Holding COM 690732102 226 5259 SH SOLE 5259 0 0 Paychex COM 704326107 3486 113770 SH SOLE 113770 0 0 Plum Creek Timber Co COM 729251108 3430 90841 SH SOLE 90841 0 0 Patterson Companies Inc COM 703395103 975 34847 SH SOLE 34847 0 0 Pepsico COM 713448108 8569 140945 SH SOLE 140945 0 0 Pfizer COM 717081103 7564 415839 SH SOLE 415839 0 0 Procter & Gamble COM 742718109 401 6619 SH SOLE 6619 0 0 Polaris Industries COM 731068102 231 5303 SH SOLE 5303 0 0 PennantPark Investment Corp. COM 708062104 7145 800997 SH SOLE 800997 0 0 Panera Bread Company COM 69840W108 506 7559 SH SOLE 7559 0 0 Piedmont Natural Gas COM 720186105 217 8101 SH SOLE 8101 0 0 Prospect Capital Corp COM 74348T102 12084 1023163 SH SOLE 1023163 0 0 Praxair COM 74005P104 230 2865 SH SOLE 2865 0 0 RLI Corp. COM 749607107 219 4116 SH SOLE 4116 0 0 Ross Stores COM 778296103 491 11499 SH SOLE 11499 0 0 Rayonier Inc COM 754907103 3261 77355 SH SOLE 77355 0 0 Proshares Short Financials COM 74347R230 547 12328 SH SOLE 12328 0 0 ProShares Short S&P 500 COM 74347R503 490 9328 SH SOLE 9328 0 0 Barclays Short Term Municipal COM 78464A425 1217 50686 SH SOLE 50686 0 0 Sherwin Williams COM 824348106 3148 51056 SH SOLE 51056 0 0 Sigma Aldrich Corp COM 826552101 1156 22869 SH SOLE 22869 0 0 St Mary Land & Exploration COM 792228108 538 15720 SH SOLE 15720 0 0 Scotts Miracle Gro Co COM 810186106 485 12343 SH SOLE 12343 0 0 Snap On Inc COM 833034101 3169 74979 SH SOLE 74979 0 0 Smith & Nephew (Adr 1:5) COM 83175M205 453 8848 SH SOLE 8848 0 0 Southern Co. COM 842587107 3044 91368 SH SOLE 91368 0 0 Sonic COM 835451105 1732 171956 SH SOLE 171956 0 0 Source Capital COM 836144105 3132 72988 SH SOLE 72988 0 0 Simpson Manufacturing COM 829073105 550 20458 SH SOLE 20458 0 0 Sunoco Inc COM 86764P109 208 7959 SH SOLE 7959 0 0 SYSCO Corp. COM 871829107 219 7841 SH SOLE 7841 0 0 Medallion Financial Corp COM 583928106 3754 459504 SH SOLE 459504 0 0 Triangle Capital Corp COM 895848109 2582 213601 SH SOLE 213601 0 0 Barclays Capital Municipal Bon COM 78464A458 1171 51651 SH SOLE 51651 0 0 Target Corp. COM 87612E106 334 6898 SH SOLE 6898 0 0 TICC Capital Corp. COM 87244T109 2877 475485 SH SOLE 475485 0 0 TJX Companies Inc COM 872540109 4796 131220 SH SOLE 131220 0 0 Barclays 20+ Year Treasury Bon COM 464287432 911 10132 SH SOLE 10132 0 0 Thermo Fisher Scientific Inc. COM 883556102 5164 108279 SH SOLE 108279 0 0 Tyco International Ltd. COM H89128104 5141 144091 SH SOLE 144091 0 0 United Technologies COM 913017109 290 4181 SH SOLE 4181 0 0 DB US Dollar Index - Powershar COM 73936D107 2383 103250 SH SOLE 103250 0 0 Visa Inc. (Class A (US)) COM 92826C839 301 3441 SH SOLE 3441 0 0 Vulcan Materials Co. COM 929160109 4995 94841 SH SOLE 94841 0 0 REIT Index ETF- Vanguard COM 922908553 4583 102433 SH SOLE 102433 0 0 Vectren COM 92240G101 2950 119533 SH SOLE 119533 0 0 Westamerica COM 957090103 353 6383 SH SOLE 6383 0 0 Waters Corp. COM 941848103 6828 110196 SH SOLE 110196 0 0 Wells Fargo Co CS COM 949746101 3879 143718 SH SOLE 143718 0 0 Wal Mart Stores Inc COM 931142103 5303 99218 SH SOLE 99218 0 0 WR Berkley Corp COM 084423102 6052 245613 SH SOLE 245613 0 0 Wesco financial COM 950817106 667 1945 SH SOLE 1945 0 0 West Pharmaceutical Serv COM 955306105 468 11946 SH SOLE 11946 0 0 White Mountain Insurance COM G9618E107 512 1540 SH SOLE 1540 0 0 Weight Watchers International COM 948626106 370 12705 SH SOLE 12705 0 0 Western Union Co. COM 959802109 4987 264539 SH SOLE 264539 0 0 Materials Select Sector SPDR COM 81369Y100 2668 80872 SH SOLE 80872 0 0 Energy Select Sector SPDR COM 81369Y506 7066 123944 SH SOLE 123944 0 0 Financials Select Sector SPDR COM 81369Y605 2847 197726 SH SOLE 197726 0 0 Industrials Select Sector SPDR COM 81369Y704 6150 221317 SH SOLE 221317 0 0 Technology Select Sector SPDR COM 81369Y803 8321 362875 SH SOLE 362875 0 0 Consumer Staples Select Sector COM 81369Y308 3064 115752 SH SOLE 115752 0 0 Utilities Select Sector SPDR COM 81369Y886 648 20894 SH SOLE 20894 0 0 Health Care Select Sector SPDR COM 81369Y209 5720 184093 SH SOLE 184093 0 0 Consumer Discretionary Select COM 81369Y407 5259 176668 SH SOLE 176668 0 0 Exxon Mobil Corp. COM 30231G102 4869 71404 SH SOLE 71404 0 0 Zebra Technologies COM 989207105 472 16638 SH SOLE 16638 0 0
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