0001442055-14-000005.txt : 20140721 0001442055-14-000005.hdr.sgml : 20140721 20140721151640 ACCESSION NUMBER: 0001442055-14-000005 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140630 FILED AS OF DATE: 20140721 DATE AS OF CHANGE: 20140721 EFFECTIVENESS DATE: 20140721 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: 14984614 BUSINESS ADDRESS: STREET 1: 20 ALLEN AVENUE, SUITE 300 CITY: ST. LOUIS STATE: MO ZIP: 63119 BUSINESS PHONE: 314-743-5090 MAIL ADDRESS: STREET 1: 20 ALLEN AVENUE, SUITE 300 CITY: ST. LOUIS STATE: MO ZIP: 63119 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001442056 XXXXXXXX 06-30-2014 06-30-2014 CONFLUENCE INVESTMENT MANAGEMENT LLC

20 ALLEN AVENUE, SUITE 300 ST. LOUIS MO 63119

13F COMBINATION REPORT 028-13334 028-06487 First Trust Advisors L.P. N Joseph Hanzlik 314-743-5096 Joseph Hanzlik Saint Louis MO 07-21-2014 1 257 2185752 false 1 028-06487 First Trust Advisors L.P. INFORMATION TABLE 2 June14sec13frevised3.xml Vanguard Equity-Income Admiral MFUND 921921300 277 4176 SH SOLE 4176 0 0 3M Company COM 88579Y101 40065 279708 SH SOLE 279708 0 0 ACE Limited COM h0023r105 6141 59215 SH SOLE 59215 0 0 Air Products & Chemicals Inc. COM 009158106 5809 45164 SH SOLE 45164 0 0 American Capital Ltd. COM 02503Y103 3895 254756 SH DFND 0 254756 0 American Capital Senior Floati COM 02504D108 675 48218 SH SOLE 48218 0 0 American Express Company COM 025816109 21684 228566 SH SOLE 228566 0 0 Analog Devices, Inc. COM 032654105 5564 102906 SH SOLE 102906 0 0 Annaly Capital Management Inc. COM 035710409 4203 367717 SH DFND 0 367717 0 Apollo Investment Corp. COM 03761U106 5807 674495 SH DFND 0 674495 0 Ares Capital Corp. COM 04010L103 45499 2547524 SH DFND 0 2547524 0 Ares Commercial Real Estate COM 04013V108 248 20000 SH DFND 0 20000 0 Bank of Marin (CA) COM 063425102 1522 33374 SH DFND 0 33374 0 Barclays 20+ Year Treasury Bon COM 464287432 421 3713 SH SOLE 3713 0 0 Barclays 3-7 Year Treasury Bon COM 464288661 1217 9994 SH SOLE 9994 0 0 Barclays Capital High Yield Bo COM 78464A417 3439 82413 SH SOLE 82413 0 0 Baxter International Inc COM 071813109 331 4578 SH SOLE 4578 0 0 Becton, Dickinson and Company COM 075887109 5549 46904 SH SOLE 46904 0 0 Bed Bath & Beyond Inc COM 075896100 14101 245743 SH SOLE 245743 0 0 Berkshire Hathaway Inc. - B COM 084670702 14644 115705 SH SOLE 115705 0 0 Berkshire Hathaway Inc. - Clas COM 084670108 950 5 SH SOLE 5 0 0 BHP Billiton Limited - ADR COM 088606108 373 5454 SH SOLE 5454 0 0 BlackRock Kelso Capital Corp. COM 092533108 3106 340915 SH DFND 0 340915 0 Broadridge Financial Solutions COM 11133T103 31595 758754 SH SOLE 758754 0 0 Brown-Forman Corp. - B COM 115637209 5698 60505 SH SOLE 60505 0 0 Brown & Brown Inc. COM 115236101 10744 349848 SH DFND 0 349848 0 C & J Energy Services Inc COM 12467B304 1946 57615 SH DFND 0 57615 0 C.H. Robinson Worldwide Inc. COM 12541W209 34521 541168 SH SOLE 541168 0 0 CABOT OIL & GAS CORP. COM 127097103 288 8444 SH SOLE 8444 0 0 Cameco Corp. COM 13321L108 362 18474 SH SOLE 18474 0 0 CF Industries Holdings Inc. COM 125269100 504 2096 SH SOLE 2096 0 0 Chevron Corp. COM 166764100 51512 394579 SH SOLE 394579 0 0 Cimarex Energy Co. COM 171798101 371 2587 SH SOLE 2587 0 0 Cloud Peak Energy Inc COM 18911Q102 336 18229 SH SOLE 18229 0 0 CM Finance Inc COM 12574Q103 1170 80329 SH DFND 0 80329 0 Colgate-Palmolive Co. COM 194162103 21611 316966 SH SOLE 316966 0 0 Commerce Bancshares, Inc. COM 200525103 5719 122984 SH SOLE 122984 0 0 Compass Diversified Holdings COM 20451Q104 3396 187109 SH DFND 0 187109 0 Compass Minerals International COM 20451N101 359 3753 SH SOLE 3753 0 0 Concho Resources, Inc. COM 20605P101 447 3094 SH SOLE 3094 0 0 ConocoPhillips COM 20825C104 6632 77355 SH SOLE 77355 0 0 Consumer Discret Select Sector COM 81369Y407 7300 109381 SH SOLE 109381 0 0 Consumer Staples Select Sector COM 81369Y308 4336 97170 SH SOLE 97170 0 0 Continental Resources, Inc. COM 212015101 457 2890 SH SOLE 2890 0 0 Cubic Corp COM 229669106 1173 26363 SH SOLE 26363 0 0 Cullen Frost Bankers, Inc. COM 229899109 5504 69299 SH SOLE 69299 0 0 Culp Inc. COM 230215105 1340 76961 SH DFND 0 76961 0 CYS Investments Inc COM 12673A108 6286 696880 SH DFND 0 696880 0 Diageo (Adr 1:4) COM 25243Q205 43155 339080 SH SOLE 339080 0 0 Digital Realty Trust Inc. COM 253868103 32528 557759 SH SOLE 557759 0 0 Discovery Communications, Inc. COM 25470F302 14526 200114 SH SOLE 200114 0 0 Donaldson Inc COM 257651109 5131 121247 SH SOLE 121247 0 0 Douglas Dynamics, Inc. COM 25960R105 1687 95744 SH DFND 0 95744 0 Dow Jones U.S. Oil Equipment & COM 464288844 3497 45106 SH SOLE 45106 0 0 Dow Jones US Financial Sector COM 464287788 5399 64937 SH SOLE 64937 0 0 Dow Jones US Technology - iSha COM 464287721 10771 111183 SH SOLE 111183 0 0 Dow Jones US Utilities - iShar COM 464287697 563 5054 SH SOLE 5054 0 0 Du Pont E.I. De Nemours & Com COM 263534109 32022 489336 SH SOLE 489336 0 0 Emerson Electric Company COM 291011104 43059 648863 SH SOLE 648863 0 0 Energy Select Sector - SPDR COM 81369Y506 3406 34030 SH SOLE 34030 0 0 Energy XXI Limited - (Bermuda COM G10082140 327 13819 SH SOLE 13819 0 0 ENI S.p.A. ADS COM 26874R108 391 7130 SH SOLE 7130 0 0 Enterprise Products Partner COM 293792107 213 2720 SH SOLE 2720 0 0 EOG Resources COM 26875P101 447 3824 SH SOLE 3824 0 0 ETFs Platinum Trust COM 26922v101 351 2428 SH SOLE 2428 0 0 European ETF - Vanguard COM 922042874 1860 31031 SH SOLE 31031 0 0 Expeditors International of Wa COM 302130109 18540 419826 SH SOLE 419826 0 0 Exponent Inc. COM 30214U102 1570 21190 SH DFND 0 21190 0 Express Scripts Inc. COM 30219G108 16414 236754 SH SOLE 236754 0 0 Exxon Mobil Corp. COM 30231G102 5499 54616 SH SOLE 54616 0 0 FEI Company COM 30241L109 1125 12403 SH SOLE 12403 0 0 Fidelity National Financial In COM 31620R303 27978 854020 SH SOLE 854020 0 0 Fifth Street Finance Corp. COM 31678A103 1246 126760 SH DFND 0 126760 0 FMC Corp. COM 302491303 341 4783 SH SOLE 4783 0 0 Forward Air Corp. COM 349853101 1688 35273 SH DFND 0 35273 0 Franco-Nevada Corp. COM 351858105 402 7003 SH SOLE 7003 0 0 Franklin Electric Co. Inc. COM 353514102 1672 41463 SH DFND 0 41463 0 Franklin Street Properties Cor COM 35471R106 132 10500 SH SOLE 10500 0 0 Freeport-McMoRan Copper & Gold COM 35671D857 374 10241 SH SOLE 10241 0 0 FS Investment Corp. COM 302635107 552 51872 SH DFND 0 51872 0 General Dynamics Corp. COM 369550108 5982 51322 SH SOLE 51322 0 0 Gilead Sciences, Inc. COM 375558103 2682 32354 SH SOLE 32354 0 0 Gladstone Capital Corporation COM 376535100 3116 309784 SH DFND 0 309784 0 Gladstone Commercial Corp. COM 376536108 1413 79051 SH DFND 0 79051 0 Gladstone Investment Corp. COM 376546107 2287 309093 SH DFND 0 309093 0 GlaxoSmithKline Plc (Adr 1:2) COM 37733W105 34988 654219 SH SOLE 654219 0 0 Glencore Xstrata plc COM 37827X100 356 31918 SH SOLE 31918 0 0 Gold Trust - iShares COM 464285105 3696 286976 SH SOLE 286976 0 0 Golub Capital BDC Inc COM 38173M102 19320 1091497 SH DFND 0 1091497 0 Google Class A COM 38259P508 7030 12024 SH SOLE 12024 0 0 Google Inc. - C COM 38259P706 8963 15580 SH SOLE 15580 0 0 Graco inc. COM 384109104 30333 388483 SH DFND 0 388483 0 Guggenheim BulletShares Corpor COM 18383M563 1465 66910 SH SOLE 66910 0 0 Guggenheim BulletShares Corpor COM 18383M555 1531 68414 SH SOLE 68414 0 0 Guggenheim BulletShares Corpor COM 18383M548 2216 96738 SH SOLE 96738 0 0 Guggenheim BulletShares Corpor COM 18383M530 2201 103481 SH SOLE 103481 0 0 Guggenheim BulletShares Corpor COM 18383M522 2206 104173 SH SOLE 104173 0 0 Guggenheim BulletShares Corpor COM 18383M514 2209 103922 SH SOLE 103922 0 0 Guggenheim BulletShares Invest COM 18383M266 2297 109268 SH SOLE 109268 0 0 Guggenheim BulletShares Invest COM 18383M258 2295 109963 SH SOLE 109963 0 0 Gulf Coast Ultra Deep Royalty COM 40222T104 489 167026 SH SOLE 167026 0 0 Haemonetics Corporation COM 405024100 1645 46621 SH DFND 0 46621 0 Hallador Energy Company COM 40609P105 400 42164 SH SOLE 42164 0 0 Halliburton Co. COM 406216101 17447 245695 SH SOLE 245695 0 0 Harvest Capital Credit Corp COM 41753F109 297 20000 SH SOLE 20000 0 0 Hatteras Financial Corp. COM 41902R103 3849 194282 SH DFND 0 194282 0 Health Care Select Sector - SP COM 81369Y209 4392 72205 SH SOLE 72205 0 0 Hercules Technology Growth Cap COM 427096508 8960 554460 SH DFND 0 554460 0 Hess Corp. COM 42809H107 424 4283 SH SOLE 4283 0 0 High Yield Corporate Bond Fund COM 464288513 3427 35994 SH SOLE 35994 0 0 Hittite Microwave Corp COM 43365Y104 1374 17627 SH SOLE 17627 0 0 Home Depot Inc. COM 437076102 10246 126555 SH SOLE 126555 0 0 Horizon Technology COM 44045A102 4857 332190 SH DFND 0 332190 0 Illinois Tool Works Inc. COM 452308109 17638 201443 SH SOLE 201443 0 0 Industrial Select Sector - SPD COM 81369Y704 6570 121538 SH SOLE 121538 0 0 Iron Mountain COM 462846106 39849 1124096 SH SOLE 1124096 0 0 iShares 10+ Year Credit Bond E COM 464289511 9775 161437 SH SOLE 161437 0 0 iShares 7-10 Year Treasury Bon COM 464287440 5057 48825 SH SOLE 48825 0 0 iShares Barclays 1-3 Year Inve COM 464288646 226 2136 SH SOLE 2136 0 0 iShares CMBS Bond ETF COM 46429B366 2180 42164 SH SOLE 42164 0 0 iShares Corporate Bond ETF 202 COM 46432FAZ0 3763 35614 SH SOLE 35614 0 0 iShares Corporate ex Financial COM 46432FAD9 2166 21640 SH SOLE 21640 0 0 iShares Corporate ex Financial COM 46432FAG2 5821 58613 SH SOLE 58613 0 0 iShares Corporate ex Financial COM 46432FAK3 3644 36931 SH SOLE 36931 0 0 iShares Corporate ex Financial COM 46432FAN7 3653 37808 SH SOLE 37808 0 0 iShares GNMA Bond ETF COM 46429B333 2209 44274 SH SOLE 44274 0 0 iShares iBoxx Corporate Bond E COM 464287242 27716 232400 SH SOLE 232400 0 0 iShares Interm. Term Corporate COM 464288638 3180 28858 SH SOLE 28858 0 0 iShares MBS Bond ETF COM 464288588 2320 21435 SH SOLE 21435 0 0 iShares National AMT-Free Muni COM 464288414 986 9074 SH SOLE 9074 0 0 iShares Residential Real Estat COM 464288562 5081 95267 SH SOLE 95267 0 0 iShares S&P AMT-Free Municipal COM 464289339 960 18091 SH SOLE 18091 0 0 iShares S&P AMT-Free Municipal COM 464289313 960 17936 SH SOLE 17936 0 0 iShares S&P AMT-Free Municipal COM 464289271 1448 26182 SH SOLE 26182 0 0 iShares S&P AMT-Free Municipal COM 46429B580 1463 57168 SH SOLE 57168 0 0 Johnson & Johnson COM 478160104 54676 522613 SH SOLE 522613 0 0 KCAP Financial Inc COM 48668E101 5026 591994 SH DFND 0 591994 0 Kinder Morgan Inc. COM 49456B101 34939 963575 SH SOLE 963575 0 0 Kohl's Corp. COM 500255104 29608 562035 SH SOLE 562035 0 0 Kraft Foods Group, Inc. COM 50076Q106 31980 533450 SH SOLE 533450 0 0 Landstar System Inc. COM 515098101 4766 74475 SH DFND 0 74475 0 Linear Technology Corp COM 535678106 31138 661531 SH SOLE 661531 0 0 Lockheed Martin Corp COM 539830109 38148 237340 SH SOLE 237340 0 0 Lowe's Companies Inc. COM 548661107 16746 348946 SH SOLE 348946 0 0 M&T Bank Corp. COM 55261F104 5460 44014 SH SOLE 44014 0 0 Main Street Capital Corp. COM 56035L104 2769 84098 SH DFND 0 84098 0 Manatuck Hill Mariner Offshore COM 562996983 427 3182 SH SOLE 3182 0 0 Marathon Oil Corp. COM 565849106 5741 143801 SH SOLE 143801 0 0 Markel Corp. COM 570535104 19218 29312 SH SOLE 29312 0 0 Martin Marietta Materials Inc. COM 573284106 33403 252960 SH SOLE 252960 0 0 Mastercard Inc. - A COM 57636Q104 13875 188855 SH SOLE 188855 0 0 Materials Select Sector - SPDR COM 81369Y100 1932 38923 SH SOLE 38923 0 0 Mattel Inc COM 577081102 30544 783776 SH SOLE 783776 0 0 McDonald's Corp. COM 580135101 5325 52862 SH SOLE 52862 0 0 MCG Capital Corp. COM 58047P107 2460 627656 SH DFND 0 627656 0 MDU Resources Group Inc. COM 552690109 5844 166482 SH SOLE 166482 0 0 Medallion Financial Corp COM 583928106 3927 315143 SH DFND 0 315143 0 Medley Capital Corp. COM 58503F106 10287 787707 SH DFND 0 787707 0 Microsoft Corp. COM 594918104 40726 976648 SH SOLE 976648 0 0 Mohawk Industries Inc. COM 608190104 857 6197 SH SOLE 6197 0 0 Monroe Capital Corp. COM 610335101 617 46496 SH SOLE 46496 0 0 Morningstar Inc. COM 617700109 1437 20005 SH DFND 0 20005 0 MSC Industrial Direct Co. Inc COM 553530106 1064 11130 SH SOLE 11130 0 0 MSCI All Country World Index F COM 464288257 3749 62210 SH SOLE 62210 0 0 Mueller Industries Inc. COM 624756102 1510 51340 SH DFND 0 51340 0 MVC Capital, Inc. COM 553829102 3405 262912 SH DFND 0 262912 0 New Gold, Inc. COM 644535106 392 61572 SH SOLE 61572 0 0 New Jersey Resources Corp. COM 646025106 5747 100535 SH SOLE 100535 0 0 New Mountain Finance Corp. COM 647551100 11922 802269 SH DFND 0 802269 0 NGP Capital Ressources Company COM 62912R107 2357 378341 SH DFND 0 378341 0 Nike Inc. - B COM 654106103 5520 71185 SH SOLE 71185 0 0 Nordstrom Inc. COM 655664100 5659 83311 SH SOLE 83311 0 0 Northern Trust Corporation COM 665859104 37329 581352 SH SOLE 581352 0 0 Novartis AG - ADR COM 66987V109 5807 64149 SH SOLE 64149 0 0 NXP Semiconductors COM N6596X109 23557 355960 SH SOLE 355960 0 0 Occidental Petroleum Corp COM 674599105 5842 56921 SH SOLE 56921 0 0 OFS Capital Corp. COM 67103B100 4290 329987 SH DFND 0 329987 0 Onebeacon Insurance Group Ltd COM G67742109 1434 92300 SH DFND 0 92300 0 Patterson Companies, Inc. COM 703395103 2319 58706 SH DFND 0 58706 0 Paychex, Inc. COM 704326107 17631 424235 SH SOLE 424235 0 0 Peabody Energy Corp. COM 704549104 302 18488 SH SOLE 18488 0 0 PennantPark Floating Rate Capi COM 70806A106 3279 229467 SH DFND 0 229467 0 PennantPark Investment Corp. COM 708062104 10380 905800 SH DFND 0 905800 0 Pepco Holdings, Inc. COM 713291102 35465 1290582 SH SOLE 1290582 0 0 Pepsico, Inc COM 713448108 50333 563389 SH SOLE 563389 0 0 Pfizer Inc. COM 717081103 29302 987273 SH SOLE 987273 0 0 Piedmont Natural Gas Co. Inc. COM 720186105 5231 139822 SH SOLE 139822 0 0 PIMCO Intermediate Muni Bond E COM 72201R866 688 12926 SH SOLE 12926 0 0 Pioneer Natural Resources Co. COM 723787107 413 1796 SH SOLE 1796 0 0 Plum Creek Timber Co. Inc. COM 729251108 31495 698348 SH SOLE 698348 0 0 Potash Corp. of Saskatchewan I COM 73755L107 377 9943 SH SOLE 9943 0 0 Potbelly Corp COM 73754Y100 1493 93530 SH DFND 0 93530 0 Praxair Inc. COM 74005P104 36274 273064 SH SOLE 273064 0 0 Procter & Gamble Company COM 742718109 5977 76058 SH SOLE 76058 0 0 Progressive Corp. COM 743315103 29767 1173795 SH SOLE 1173795 0 0 Range Resources Corporation COM 75281A109 387 4448 SH SOLE 4448 0 0 Rayonier Advanced Materials COM 75508B104 9217 237852 SH DFND 0 237852 0 Rayonier Inc. COM 754907103 25480 716730 SH DFND 0 716730 0 RE/Max Holdings COM 75524W108 1538 51988 SH DFND 0 51988 0 REIT ETF- DJ Wilshire COM 78464A607 8141 98082 SH SOLE 98082 0 0 REIT Index - Vanguard COM 922908553 8253 110279 SH SOLE 110279 0 0 Ritchie Brothers Auctioneers I COM 767744105 2642 107165 SH DFND 0 107165 0 RLI Corp. COM 749607107 1579 34486 SH DFND 0 34486 0 Rockwood Holdings Inc COM 774415103 371 4888 SH SOLE 4888 0 0 Royal Gold, Inc. COM 780287108 419 5502 SH SOLE 5502 0 0 Russell 2000 Growth Index - iS COM 464287648 418 3020 SH SOLE 3020 0 0 Russell 2000 Value Index - iSh COM 464287630 428 4149 SH SOLE 4149 0 0 S&P 500 - SPDR COM 78462F103 1252 6398 SH SOLE 6398 0 0 S&P 500 Growth Index - iShares COM 464287309 489 4651 SH SOLE 4651 0 0 S&P 500 Value Index - iShares COM 464287408 505 5588 SH SOLE 5588 0 0 S&P MidCap 400 Growth Index Fu COM 464287606 20516 130611 SH SOLE 130611 0 0 S&P MidCap 400 Value Index Fun COM 464287705 20721 163258 SH SOLE 163258 0 0 Safeguard Scientifics New COM 786449207 1692 81367 SH DFND 0 81367 0 Saratoga Investment Corporatio COM 80349A208 235 14936 SH DFND 0 14936 0 Select Comfort Corporation COM 81616X103 3595 174030 SH DFND 0 174030 0 Sigma-Aldrich Corp COM 826552101 14263 140552 SH SOLE 140552 0 0 Silver Wheaton Corp. COM 828336107 444 16890 SH SOLE 16890 0 0 Snyders-Lance Inc COM 833551104 1306 49376 SH DFND 0 49376 0 Solar Capital, LTD. COM 83413U100 9622 452179 SH DFND 0 452179 0 Solar Senior Capital Ltd. COM 83416M105 1916 113509 SH DFND 0 113509 0 Southern Company COM 842587107 35161 774809 SH SOLE 774809 0 0 SPDR Interm. Term Corporate Bo COM 78464A375 5776 167629 SH SOLE 167629 0 0 SPDR Nuveen Barclays Capital M COM 78464A458 3943 166515 SH SOLE 166515 0 0 SPDR Nuveen Barclays Capital S COM 78464A425 2984 122629 SH SOLE 122629 0 0 Statoil ASA ADS COM 85771p102 446 14468 SH SOLE 14468 0 0 Stellus Capital Investment COM 858568108 4125 280821 SH DFND 0 280821 0 Stonecastle Financial Corporat COM 861780104 4493 177025 SH DFND 0 177025 0 Stryker Corp. COM 863667101 9747 115594 SH SOLE 115594 0 0 T. Rowe Price Group, Inc. COM 74144T108 5453 64605 SH SOLE 64605 0 0 Taminco Corp COM 87509U106 848 36453 SH DFND 0 36453 0 TCP Capital Corp COM 87238Q103 10465 574682 SH DFND 0 574682 0 Techne Corp. COM 878377100 1663 17970 SH DFND 0 17970 0 The Clorox Company COM 189054109 5229 57205 SH SOLE 57205 0 0 The Coca-Cola Company COM 191216100 214 5048 SH SOLE 5048 0 0 Thermo Fisher Scientific, Inc. COM 883556102 13822 117133 SH SOLE 117133 0 0 Thermon Group Holdings Inc COM 88362T103 1692 64304 SH DFND 0 64304 0 THL Credit COM 872438106 10489 749225 SH DFND 0 749225 0 TICC Capital Corp. COM 87244T109 1039 104903 SH DFND 0 104903 0 TJX Companies COM 872540109 18664 351161 SH SOLE 351161 0 0 Total SA - ADR COM 89151E109 368 5097 SH SOLE 5097 0 0 Triangle Capital Corp COM 895848109 6258 220590 SH DFND 0 220590 0 Triplepoint Venture Growth BDC COM 89677Y100 4493 274299 SH DFND 0 274299 0 United Technologies Corp. COM 913017109 19117 165586 SH SOLE 165586 0 0 Vanguard Interm. Term Corporat COM 92206C870 5916 68347 SH SOLE 68347 0 0 Vanguard Long Term Corporate B COM 92206C813 2320 25701 SH SOLE 25701 0 0 Varian Medical Systems Inc. COM 92220P105 998 12006 SH SOLE 12006 0 0 VCA Antech Inc. COM 918194101 1771 50456 SH DFND 0 50456 0 Vocera Communications Inc. COM 92857F107 1233 93407 SH DFND 0 93407 0 W.R. Berkley Corp COM 084423102 14561 314429 SH SOLE 314429 0 0 W.W. Grainger, Inc. COM 384802104 5206 20474 SH SOLE 20474 0 0 Waters Corp. COM 941848103 12494 119626 SH SOLE 119626 0 0 Wells Fargo & Company COM 949746101 15057 286464 SH SOLE 286464 0 0 West Pharmaceutical Services, COM 955306105 1303 30894 SH DFND 0 30894 0 Weyerhaeuser Co. COM 962166104 383 11583 SH SOLE 11583 0 0 Whiting Petroleum Corp. COM 966387102 416 5182 SH SOLE 5182 0 0 Yamana Gold, Inc. COM 98462Y100 308 37515 SH SOLE 37515 0 0 Zebra Technologies Corp. COM 989207105 2631 31965 SH DFND 0 31965 0