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Confluence Wealth Management LLC Historical SEC 13F Holdings & Archive (Q3 2020)
Confluence Wealth Management LLCCIK: 0001606810
Diversified strategyMomentum followerQuality / disciplined sizing
Total reported value
$204.2M
Reporting period: 2020-09-30 · Number of holdings: 114
Confluence Wealth Management LLC disclosed 114 holdings in its latest 13F filing for the period ending 2020-09-30, with total reported value of $204.2M and a quarterly turnover rate of 37.4%.
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Personality snowflake
- Concentration
- 12.14
- Portfolio Stability
- 37.37
- Momentum
- 100
- Sector conviction
- 47.75
- Diversification
- 100
- Sizing Uniformity
- 84.24
Confluence Wealth Management LLC's disclosed holdings carry a Herfindahl concentration index of 0.030 — mathematically equivalent to about 33 equally-sized positions, well below its 114 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.58), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 21% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govAdd EFA
+74.9% $5.7M
Trim IWF
-56.2% -$4.9M
Trim EFG
-93.7% -$4.2M
Trim SCHO
-82.3% -$3.6M
Add MDY
+15.3% $2.4M
Trim SCHM
-84.4% -$2.8M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 8.07% | +0.01% | +0.05% | |
| 2 | BNDX | Vanguard Total Intl Bond ETF | ETF-Other | 6.75% | — | -2.82% | |
| 3 | EFA | Ishares Msci Eafe ETF | ETF-Other | 5.94% | +2.89% | +74.89% | |
| 4 | MDY | State Street Spdr S&p Midcap | ETF-Other | 5.80% | +1.34% | +15.34% | |
| 5 | QDF | Flexshares Quality Dividend | ETF-Other | 5.04% | +0.51% | -0.20% | |
| 6 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 4.08% | — | +9.26% | |
| 7 | IWR | Ishares Russell Mid-cap ETF | ETF-Other | 3.76% | — | -3.84% | |
| 8 | EEM | Ishares Msci Emerging Market | ETF-Emerging Markets | 3.12% | +1.26% | +57.61% | |
| 9 | SCHA | Schwab US Small-cap ETF | ETF-Other | 3.06% | +0.64% | +14.07% | |
| 10 | IWM | Ishares Russell 2000 ETF | ETF-Small Cap | 2.58% | — | -1.68% | |
| 11 | GVI | Ishares Intermediate Governm | ETF-Other | 2.11% | — | -3.94% | |
| 12 | AAPL | Apple Inc | Stock-Tech | 2.09% | -0.79% | +13.66% | |
| 13 | SCHE | Schwab Emrg Mrkts Eqty ETF | ETF-Other | 1.89% | — | +6.83% | |
| 14 | IWF | Ishares Russell 1000 Growth | ETF-Other | 1.37% | -2.26% | -56.22% | |
| 15 | USB | US Bancorp | Stock-Financials | 1.22% | +0.50% | +9.06% | |
| 16 | MSFT | Microsoft CORP | Stock-Tech | 1.21% | -0.51% | -1.07% | |
| 17 | IWB | Ishares Russell 1000 ETF | ETF-Other | 1.21% | -0.28% | -18.32% | |
| 18 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 1.07% | — | -1.51% | |
| 19 | BA | Boeing Co/the | Stock-Industrials | 1.05% | +0.54% | -4.53% | |
| 20 | VWO | Vanguard Ftse Emerging Marke | ETF-Emerging Markets | 0.91% | +0.27% | +34.98% | |
| 21 | SBUX | Starbucks CORP | Stock-Consumer Disc | 0.90% | — | +3.99% | |
| 22 | ISRG | Intuitive Surgical Inc | Stock-Healthcare | 0.90% | — | +1.77% | |
| 23 | HD | Home Depot Inc | Stock-Consumer Disc | 0.88% | — | +5.78% | |
| 24 | NKE | Nike Inc -cl B | Stock-Consumer Disc | 0.86% | — | -3.56% | |
| 25 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.85% | — | +2.46% | |
| 26 | ICE | Intercontinental Exchange In | Stock-Financials | 0.84% | — | +2.01% | |
| 27 | TMO | Thermo Fisher Scientific Inc | Stock-Healthcare | 0.84% | — | +9.46% | |
| 28 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.84% | -0.18% | -7.84% | |
| 29 | NEE | Nextera Energy Inc | Stock-Utilities | 0.83% | — | -2.60% | |
| 30 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.82% | — | +0.68% | |
| 31 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 0.81% | -0.47% | -3.06% | |
| 32 | META | Meta Platforms Inc-class A | Stock-Comm Services | 0.80% | — | +7.26% | |
| 33 | SUB | Ishares Short-term National | ETF-Other | 0.74% | +0.24% | +44.99% | |
| 34 | IJJ | Ishares S&p Mid-cap 400 Valu | ETF-Other | 0.72% | +0.72% | NEW | |
| 35 | MUB | Ishares National Muni Bond E | ETF-Other | 0.72% | — | +20.83% | |
| 36 | FISV | Fiserv Inc | Stock-Other | 0.68% | — | -4.82% | |
| 37 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.65% | +0.25% | +33.40% | |
| 38 | NOC | Northrop Grumman CORP | Stock-Industrials | 0.64% | — | -2.56% | |
| 39 | IWD | Ishares Russell 1000 Value E | ETF-Other | 0.61% | -0.37% | -47.90% | |
| 40 | INTC | Intel CORP | Stock-Tech | 0.58% | -0.22% | -18.61% | |
| 41 | AGG | Ishares Core U.s. Aggregate | ETF-Other | 0.58% | +0.33% | +132.20% | |
| 42 | EW | Edwards Lifesciences CORP | Stock-Healthcare | 0.57% | — | -70.08% | |
| 43 | V | Visa Inc-class A Shares | Stock-Financials | 0.57% | — | +4.76% | |
| 44 | SYY | Sysco CORP | Stock-Consumer Staples | 0.54% | — | +1.05% | |
| 45 | HEFA | Isha Curr Hedged Msci Eafe | ETF-Other | 0.54% | +0.54% | NEW | |
| 46 | EXR | Extra Space Storage Inc | Stock-Real Estate | 0.52% | +0.52% | NEW | |
| 47 | BSV | Vanguard Short-term Bond ETF | ETF-Other | 0.52% | +0.25% | +90.54% | |
| 48 | VLO | Valero Energy CORP | Stock-Energy | 0.51% | +0.31% | +74.54% | |
| 49 | AMT | American Tower CORP | Stock-Real Estate | 0.50% | -0.18% | -17.17% | |
| 50 | ROP | Roper Technologies Inc | Stock-Tech | 0.50% | — | +0.18% |
1–50 of 114
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2020 Q3 | 114 | $204.2M | 37 | ||
| 2020 Q2 | 103 | $212.0M | 21 | ||
| 2020 Q1 | 102 | $179.4M | 41 | ||
| 2019 Q4 | 116 | $216.1M | 10 | ||
| 2019 Q3 | 114 | $204.2M | 7 | ||
| 2019 Q2 | 116 | $204.8M | 6 | ||
| 2019 Q1 | 115 | $201.4M | 19 | ||
| 2018 Q4 | 114 | $178.9M | 25 | ||
| 2018 Q3 | 117 | $192.9M | 14 | ||
| 2018 Q2 | 121 | $188.8M | 12 | ||
| 2018 Q1 | 120 | $195.6M | 18 | ||
| 2017 Q4 | 124 | $210.8M | 8 | ||
| 2017 Q3 | 121 | $204.3M | 9 | ||
| 2017 Q2 | 128 | $209.2M | 6 | ||
| 2017 Q1 | 127 | $202.8M | 16 | ||
| 2016 Q4 | 135 | $199.8M | 17 | ||
| 2016 Q3 | 132 | $206.6M | 9 | ||
| 2016 Q2 | 131 | $203.1M | 21 | ||
| 2016 Q1 | 133 | $220.6M | 27 | ||
| 2015 Q4 | 128 | $205.3M | 28 | ||
| 2015 Q3 | 116 | $185.2M | 24 | ||
| 2015 Q2 | 104 | $182.8M | 13 | ||
| 2015 Q1 | 102 | $172.3M | 28 | ||
| 2014 Q4 | 88 | $159.8M | 33 | ||
| 2014 Q3 | 81 | $147.7M | 23 | ||
| 2014 Q2 | 131 | $175.5M | 34 | ||
| 2014 Q1 | 82 | $132.6M | 0 |
Holding changes this quarter
Confluence Wealth Management LLC's most significant position changes for 2020-09-30: Sold out: Schwab Intl Equity ETF (SCHF); Sold out: Schwab US Large-cap ETF (SCHX); New buy: Ishares S&p Mid-cap 400 Valu (IJJ); New buy: Isha Curr Hedged Msci Eafe (HEFA); Sold out: Servicenow Inc (NOW).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | EFA | Ishares Msci Eafe ETF | +2.9% | +74.89% | Add |
| 2 | MDY | State Street Spdr S&p Midcap | +1.3% | +15.34% | Add |
| 3 | EEM | Ishares Msci Emerging Market | +1.3% | +57.61% | Add |
| 4 | SCHA | Schwab US Small-cap ETF | +0.6% | +14.07% | Add |
| 5 | BA | Boeing Co/the | +0.5% | -4.53% | Trim |
| 6 | QDF | Flexshares Quality Dividend | +0.5% | -0.20% | Trim |
| 7 | USB | US Bancorp | +0.5% | +9.06% | Add |
| 8 | AGG | Ishares Core U.s. Aggregate | +0.3% | +132.20% | Add |
| 9 | VLO | Valero Energy CORP | +0.3% | +74.54% | Add |
| 10 | VWO | Vanguard Ftse Emerging Marke | +0.3% | +34.98% | Add |
| 11 | EFV | Ishares Msci Eafe Value ETF | +0.3% | +90.98% | Add |
| 12 | BSV | Vanguard Short-term Bond ETF | +0.3% | +90.54% | Add |
| 13 | BRK-B | Berkshire Hathaway Inc-cl B | +0.3% | +33.40% | Add |
| 14 | SUB | Ishares Short-term National | +0.2% | +44.99% | Add |
| 15 | BLKCHF | Blackrock Inc | +0.2% | +223.94% | Add |
| 16 | HON | Honeywell International Inc | +0.2% | +161.23% | Add |
| 17 | IVV | Ishares Core S&p 500 ETF | 0% | +0.05% | Add |
| 18 | GOOGL | Alphabet Inc-cl A | -0.2% | -7.84% | Trim |
| 19 | AMT | American Tower CORP | -0.2% | -17.17% | Trim |
| 20 | EA | Electronic Arts Inc | -0.2% | -25.13% | Trim |
| 21 | INTC | Intel CORP | -0.2% | -18.61% | Trim |
| 22 | SPGI | S&p Global Inc | -0.2% | -31.60% | Trim |
| 23 | IWB | Ishares Russell 1000 ETF | -0.3% | -18.32% | Trim |
| 24 | NFLX | Netflix Inc | -0.3% | -3.79% | Trim |
| 25 | LRCXEUR | Lam Research CORP | -0.4% | -34.19% | Trim |
| 26 | IWD | Ishares Russell 1000 Value E | -0.4% | -47.90% | Trim |
| 27 | AMZN | Amazon.com Inc | -0.5% | -3.06% | Trim |
| 28 | MSFT | Microsoft CORP | -0.5% | -1.07% | Trim |
| 29 | ADBE | Adobe Inc | -0.5% | -25.54% | Trim |
| 30 | AAPL | Apple Inc | -0.8% | +13.66% | Add |
| 31 | SCHM | Schwab US Mid Cap ETF | -1.3% | -84.40% | Trim |
| 32 | SCHO | Schwab Short-term US Treas | -1.7% | -82.28% | Trim |
| 33 | EFG | Ishares Msci Eafe Growth ETF | -2% | -93.67% | Trim |
| 34 | IWF | Ishares Russell 1000 Growth | -2.3% | -56.22% | Trim |
| 35 | SCHF | Schwab Intl Equity ETF | — | EXIT | Sold out |
| 36 | SCHX | Schwab US Large-cap ETF | — | EXIT | Sold out |
| 37 | IJJ | Ishares S&p Mid-cap 400 Valu | — | NEW | New buy |
| 38 | HEFA | Isha Curr Hedged Msci Eafe | — | NEW | New buy |
| 39 | NOW | Servicenow Inc | — | EXIT | Sold out |
| 40 | EXR | Extra Space Storage Inc | — | NEW | New buy |
| 41 | MRSH | Marsh & Mclennan Cos | — | NEW | New buy |
| 42 | MKC | Mccormick & Co-non Vtg Shrs | — | NEW | New buy |
| 43 | CTXSEUR | Citrix Systems Inc | — | NEW | New buy |
| 44 | CDNS | Cadence Design Sys Inc | — | EXIT | Sold out |
| 45 | AON | Aon plc | — | NEW | New buy |
| 46 | RCL | Royal Caribbean Cruises Ltd. | — | NEW | New buy |
| 47 | EOG | Eog Resources Inc | — | NEW | New buy |
| 48 | IWN | Ishares Russell 2000 Value E | — | NEW | New buy |
| 49 | CLX | Clorox Company | — | NEW | New buy |
| 50 | SCHW | Schwab (charles) CORP | — | NEW | New buy |
Filing History
FAQ
What is Confluence Wealth Management LLC and what type of investor is it?
Confluence Wealth Management LLC is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2020-09-30), the firm manages a tracked equity portfolio valued at approximately $204.2M, spread across 114 disclosed positions.
What are Confluence Wealth Management LLC's largest equity positions?
Based on the latest 13F filing, Confluence Wealth Management LLC's top holdings by market value are:
1. Ishares Core S&p 500 ETF (IVV) — $16.5M (8.1%)
2. Vanguard Total Intl Bond ETF (BNDX) — $13.8M (6.8%)
3. Ishares Msci Eafe ETF (EFA) — $12.1M (5.9%)
4. State Street Spdr S&p Midcap (MDY) — $11.8M (5.8%)
5. Flexshares Quality Dividend (QDF) — $10.3M (5.0%)
What changes did Confluence Wealth Management LLC make in its most recent portfolio filing?
In the latest reported quarter, Confluence Wealth Management LLC made 50 notable position adjustments: 12 new positions were initiated, 16 existing holdings were added to, 18 positions were partially reduced, and 4 were completely exited. The largest of these moves: Sold out: Schwab Intl Equity ETF (SCHF); Sold out: Schwab US Large-cap ETF (SCHX); New buy: Ishares S&p Mid-cap 400 Valu (IJJ); New buy: Isha Curr Hedged Msci Eafe (HEFA); Sold out: Servicenow Inc (NOW)
What sectors does Confluence Wealth Management LLC focus on?
Confluence Wealth Management LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 24.6%
• Consumer Discretionary: 16.2%
• Financials: 14.6%
• Health Care: 14.4%
• Communication Services: 12.5%
• Consumer Staples: 9.2%
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Investment Profile
Confluence Wealth Management LLC's portfolio is broadly diversified and moderately active.
Its turnover score has risen from 7 to 37 over the past 4 quarters — a shift toward more active trading.
It has added to its MDY position over the past two quarters (+$4.1M, now $11.8M), while trimming EFG over the same stretch (-$4.6M, still holding $276.0K).
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Developer Access
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REST API
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