Instuitional Investor - Confluence Investment Management Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares 0-3 Month Treasury Bon		2,788,012	$280,669,153	4.39%
2.	Snap-On Inc	SNA	417,132	$167,853,845	2.62%
3.	Chubb Ltd	CB	460,772	$157,003,383	2.45%
4.	Linde Plc	LIN	270,727	$140,491,020	2.2%
5.	Wec Energy Group Inc.	WEC	1,191,332	$139,111,844	2.17%