Confluence Investment Management’s State Street SPDR Portfolio Developed World ex-US ETF SPDW Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$74.7M	Sell	1,482,773 -109,720	-7%	-$5.44M	1.17%	30
2026 Q1	$72.7M	Sell	1,592,493 -44,789	-3%	-$2.1M	1.13%	35
2025 Q4	$72.7M	Buy	1,637,282 +162,932	+11%	+$7.12M	1.09%	40
2025 Q3	$63.1M	Buy	1,474,350 +197,568	+15%	+$8.19M	0.9%	40
2025 Q2	$51.7M	Buy	+1,276,782	New	+$48.9M	0.73%	47
2025 Q1	–	Sell	-736,703	Closed	-$25.1M	–	317
2024 Q4	$25.1M	Sell	736,703 -115,825	-14%	-$4.15M	0.35%	72
2024 Q3	$32M	Buy	852,528 +30,313	+4%	+$1.09M	0.43%	65
2024 Q2	$28.8M	Buy	822,215 +732,781	+819%	+$26.1M	0.42%	64
2024 Q1	$3.21M	Buy	89,434 +664	+0.7%	+$22.8K	0.04%	158
2023 Q4	$3.02M	Sell	88,770 -1,291,249	-94%	-$41M	0.04%	167
2023 Q3	$42.8M	Sell	1,380,019 -92,216	-6%	-$2.98M	0.66%	53
2023 Q2	$47.9M	Sell	1,472,235 -10,676	-0.7%	-$348K	0.7%	49
2023 Q1	$47.6M	Buy	+1,482,911	New	+$46.8M	0.7%	50
2022 Q3	–	Sell	-927,175	Closed	-$26.7M	–	317
2022 Q2	$26.7M	Sell	927,175 -151,616	-14%	-$4.8M	0.42%	59
2022 Q1	$37M	Buy	1,078,791 +16,562	+2%	+$575K	0.52%	59
2021 Q4	$38.8M	Buy	1,062,229 +45,750	+5%	+$1.68M	0.51%	60
2021 Q3	$36.8M	Buy	1,016,479 +90,444	+10%	+$3.36M	0.52%	60
2021 Q2	$34.1M	Buy	926,035 +66,488	+8%	+$2.47M	0.45%	66
2021 Q1	$30.4M	Buy	859,547 +473,410	+123%	+$16.6M	0.43%	71
2020 Q4	$13M	Buy	+386,137	New	+$12.2M	0.19%	104
2019 Q1	–	Sell	-268,248	Closed	-$7.09M	–	320
2018 Q4	$7.09M	Buy	268,248 +144,790	+117%	+$4.08M	0.13%	116
2018 Q3	$3.8M	Buy	123,458 +7,237	+6%	+$221K	0.06%	164
2018 Q2	$3.53M	Buy	116,221 +1,727	+2%	+$54.6K	0.06%	159
2018 Q1	$3.6M	Buy	114,494 +79	+0.1%	+$2.54K	0.07%	155
2017 Q4	$3.63M	Buy	+114,415	New	+$3.57M	0.07%	157

Other funds holding SPDW

AOI

Auto-Owners Insurance Lansing, Michigan $4.43B AUM 30.05% 1-Year Est. Return

Gradient Investments Arden Hills, Minnesota $7.25B AUM 20.71% 1-Year Est. Return

Envestnet Portfolio Solutions Chicago, Illinois $20.9B AUM 19.34% 1-Year Est. Return

PAS

Park Avenue Securities New York $16B AUM 26.77% 1-Year Est. Return

CFFP

Center for Financial Planning Southfied, Michigan $1.07B AUM 18.98% 1-Year Est. Return

Greenleaf Trust Kalamazoo, Michigan $10.4B AUM 0.97% 1-Year Est. Return

WAP

Wealthcare Advisory Partners West Chester, Pennsylvania $5.27B AUM 22.23% 1-Year Est. Return

TrueFG Cedar Park, Texas $428M AUM 21.6% 1-Year Est. Return

CGN Advisors Manhattan, Kansas $1.37B AUM 15.64% 1-Year Est. Return

Wealth Enhancement Advisory Services Plymouth, Minnesota $59.8B AUM 29.42% 1-Year Est. Return

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

Confluence Investment Management reduced its State Street SPDR Portfolio Developed World ex-US ETF (SPDW) stake by 6.9% in Q2 2026, selling an estimated $5.44M and leaving 1,482,773 shares worth $74.7M. The position accounts for 1.17% of the portfolio, ranked #30.

Confluence Investment Management first reported a position in SPDW in Q4 2017 and has held it in 25 quarters since. 318 funds tracked by Wall St. Rank hold SPDW as of Q2 2026.

Confluence Investment Management held 1,482,773 shares of State Street SPDR Portfolio Developed World ex-US ETF worth $74.7M as of Q2 2026.
Confluence Investment Management sold 109,720 State Street SPDR Portfolio Developed World ex-US ETF shares in Q2 2026, an estimated $5.44M.
State Street SPDR Portfolio Developed World ex-US ETF made up 1.17% of Confluence Investment Management's portfolio in Q2 2026, its #30 holding.
Confluence Investment Management first reported a position in State Street SPDR Portfolio Developed World ex-US ETF in Q4 2017 and has held it in 25 quarters since.
318 funds tracked by Wall St. Rank held State Street SPDR Portfolio Developed World ex-US ETF as of Q2 2026.

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