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 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

BOCH

Blue Owl Capital Holdings New York $665M AUM 95.48% 1-Year Est. Return

Corient Private Wealth Miami, Florida $72.2B AUM 27.85% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Ares Management Los Angeles, California $2.29B AUM 0.27% 1-Year Est. Return

BBHC

Brown Brothers Harriman & Co New York $22.8B AUM 25.09% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

VanEck Associates New York $164B AUM 112.45% 1-Year Est. Return

OWA

Opal Wealth Advisors Jericho, New York $463M AUM 20.47% 1-Year Est. Return

DCP

Diameter Capital Partners New York $1.24B AUM 137.67% 1-Year Est. Return

Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return

Confluence Investment Management's NCDL Position: Q2 2026 in Review

Confluence Investment Management increased its Nuveen Churchill Direct Lending (NCDL) stake by 0.24% in Q2 2026, buying an estimated $2.19K and bringing the position to 68,907 shares worth $856K. 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 10 quarters since. The position peaked at $2.06M in Q3 2024. 68 funds tracked by Wall St. Rank hold NCDL as of Q2 2026.

Confluence Investment Management held 68,907 shares of Nuveen Churchill Direct Lending worth $856K as of Q2 2026.
Confluence Investment Management bought 164 Nuveen Churchill Direct Lending shares in Q2 2026, an estimated $2.19K.
Nuveen Churchill Direct Lending made up 0.01% of Confluence Investment Management's portfolio in Q2 2026, its #230 holding.
Confluence Investment Management first reported a position in Nuveen Churchill Direct Lending in Q1 2024 and has held it in 10 quarters since.
Confluence Investment Management's Nuveen Churchill Direct Lending position peaked at $2.06M in Q3 2024.
68 funds tracked by Wall St. Rank held Nuveen Churchill Direct Lending as of Q2 2026.

Based on Confluence Investment Management's 13F filing for Q2 2026, filed 1 Jul 2026.