Confluence Investment Management’s Nuveen Churchill Direct Lending NCDL Stock Holding History

Confluence Investment Management’s Portfolio NCDL Stock Details NCDL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q3	$795K	Buy	70,694 +1,787	+3%	+$22.1K	0.01%	230
2026 Q2	$856K	Buy	68,907 +164	+0.2%	+$2.19K	0.01%	230
2026 Q1	$874K	Sell	68,743 -4,146	-6%	-$55.6K	0.01%	233
2025 Q4	$972K	Sell	72,889 -4,930	-6%	-$70K	0.01%	227
2025 Q3	$1.07M	Sell	77,819 -16,770	-18%	-$268K	0.02%	210
2025 Q2	$1.53M	Sell	94,589 -24,519	-21%	-$388K	0.02%	180
2025 Q1	$2.02M	Buy	119,108 +506	+0.4%	+$8.69K	0.03%	178
2024 Q4	$1.99M	Buy	118,602 +441	+0.4%	+$7.56K	0.03%	179
2024 Q3	$2.06M	Buy	118,161 +1,076	+0.9%	+$18.8K	0.03%	178
2024 Q2	$2.04M	Buy	117,085 +14,068	+14%	+$248K	0.03%	179
2024 Q1	$1.86M	Buy	+103,017	New	+$1.79M	0.03%	179

Other funds holding NCDL

HWAM

Hennion & Walsh Asset Management Parsippany, New Jersey $3.42B AUM 25.82% 1-Year Est. Return

CWM

Centurion Wealth Management Mclean, Virginia $415M AUM 17.23% 1-Year Est. Return

AAA

Adams Asset Advisors Dallas, Texas $984M AUM 41.12% 1-Year Est. Return

Wealth Enhancement Advisory Services Plymouth, Minnesota $67.3B AUM 21.9% 1-Year Est. Return

Prota Financial Houston, Texas $157M AUM 12.51% 1-Year Est. Return

CFG

Clayton Financial Group St. Louis, Missouri $190M AUM 14.79% 1-Year Est. Return

Confluence Investment Management's NCDL Position: Q3 2026 in Review

Confluence Investment Management increased its Nuveen Churchill Direct Lending (NCDL) stake by 2.6% in Q3 2026, buying an estimated $22.1K and bringing the position to 70,694 shares worth $795K. The position accounts for 0.01% of the portfolio, ranked #230.

Confluence Investment Management first reported a position in NCDL in Q1 2024 and has held it in 11 quarters since. The position peaked at $2.06M in Q3 2024. 7 funds tracked by Wall St. Rank hold NCDL as of Q3 2026.

Confluence Investment Management held 70,694 shares of Nuveen Churchill Direct Lending worth $795K as of Q3 2026.
Confluence Investment Management bought 1,787 Nuveen Churchill Direct Lending shares in Q3 2026, an estimated $22.1K.
Nuveen Churchill Direct Lending made up 0.01% of Confluence Investment Management's portfolio in Q3 2026, its #230 holding.
Confluence Investment Management first reported a position in Nuveen Churchill Direct Lending in Q1 2024 and has held it in 11 quarters since.
Confluence Investment Management's Nuveen Churchill Direct Lending position peaked at $2.06M in Q3 2024.
7 funds tracked by Wall St. Rank held Nuveen Churchill Direct Lending as of Q3 2026.

Based on Confluence Investment Management's 13F filing for Q3 2026, filed 1 Oct 2026.