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CF

Convergence Financial Portfolio holdings

AUM $943M
1-Year Est. Return 17.04%
This Fund
S&P 500
This Quarter Est. Return
-4.95%
1 Year Est. Return
+17.04%
3 Year Est. Return
+46.22%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$93.2M
AUM Growth
-$2.98M
Cap. Flow
+$1.64M
Cap. Flow %
1.76%
Top 10 Hldgs %
94.77%
Holding
26
New
3
Increased
9
Reduced
5
Closed
4

Top Buys

Rank Stock Value
1
SLYV icon
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
+$1.48M
2
MDYG icon
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
+$1.39M
3
MDYV icon
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
+$1.2M
4
SLYG icon
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
+$1.14M
5
SPYV icon
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
+$1.03M

Top Sells

Rank Stock Value
1
SPAB icon
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
+$3.67M
2
SOFI icon
SoFi Technologies
SOFI
+$1.49M
3
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
+$1.25M
4
PEJ icon
Invesco Leisure and Entertainment ETF
PEJ
+$420K
5
LUV icon
Southwest Airlines
LUV
+$376K

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 2.12%
2 Financials 0.6%
3 Industrials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SOFI icon
26
SoFi Technologies
SOFI
$21.1B
– –
-94,000
Closed -$1.49M
1
2

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VSQM
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Convergence Financial's Q1 2022 Portfolio in Review

As of Q1 2022, Convergence Financial held 26 positions worth $93.2M, down 3.1% from $96.2M the previous quarter. Its ten largest holdings account for 95% of the portfolio.

Convergence Financial's Q1 2022 filing shows 3 new, 9 increased, 5 reduced and 4 closed positions. Its largest new stake was ARK Innovation ETF: 7,180 shares worth $476K. The largest sale was State Street SPDR Portfolio Aggregate Bond ETF, an estimated $3.67M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 2.1% of assets, down from 2.6% a quarter earlier, followed by Financials and Industrials.

  • Convergence Financial's largest Q1 2022 buy was ARK Innovation ETF: 7,180 shares worth $476K.
  • Convergence Financial added most to State Street SPDR S&P 600 Small Cap Value ETF in Q1 2022, an estimated $1.48M increase.
  • Convergence Financial's biggest Q1 2022 reduction was State Street SPDR Portfolio Aggregate Bond ETF, cutting an estimated $3.67M.
  • Convergence Financial fully exited SoFi Technologies in Q1 2022, selling an estimated $1.49M.
  • Convergence Financial's ten largest holdings make up 95% of its $93.2M portfolio in Q1 2022.
  • Convergence Financial opened 3 new positions and closed 4 in Q1 2022.
  • Convergence Financial's portfolio value fell 3.1% quarter-over-quarter to $93.2M.

Based on Convergence Financial's 13F filing for Q1 2022, filed 23 Oct 2024.