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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
+5.93%
1 Year Est. Return
+17.04%
3 Year Est. Return
+46.22%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$113M
AUM Growth
+$21.7M
Cap. Flow
+$16.4M
Cap. Flow %
14.54%
Top 10 Hldgs %
90.66%
Holding
30
New
8
Increased
16
Reduced
2
Closed
3

Top Buys

Rank Stock Value
1
TSLA icon
Tesla
TSLA
+$5.73M
2
SPEM icon
State Street SPDR Portfolio Emerging Markets ETF
SPEM
+$2.12M
3
SPDW icon
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
+$1.92M
4
SPYG icon
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
+$947K
5
SPYV icon
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
+$942K

Top Sells

Rank Stock Value
1
SOFI icon
SoFi Technologies
SOFI
+$732K
2
SPTI icon
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
+$631K
3
IJH icon
iShares Core S&P Mid-Cap ETF
IJH
+$18.8K
4
SDOG icon
ALPS Sector Dividend Dogs ETF
SDOG
+$14.1K

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 3.76%
2 Financials 0.32%
3 Technology 0.26%
4 Communication Services 0.18%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AMZN icon
26
Amazon
AMZN
$2.5T
$206K 0.18%
+2,454
New +$242K
GOOGL icon
27
Alphabet (Google) Class A
GOOGL
$3.91T
$202K 0.18%
+2,288
New +$217K
SOFI icon
28
SoFi Technologies
SOFI
$21.1B
– –
-150,000
Closed -$732K
SOFI icon
29
PUT
SoFi Technologies
SOFI
$21.1B
– –
-2,500
Closed -$27.5K
SPTI icon
30
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.4B
– –
-22,420
Closed -$631K
1
2

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VSQM
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Convergence Financial's Q4 2022 Portfolio in Review

As of Q4 2022, Convergence Financial held 30 positions worth $113M, up 24% from $91.2M the previous quarter. Its ten largest holdings account for 91% of the portfolio.

Convergence Financial deployed $16.4M of net new capital in Q4 2022, opening 8 new positions and adding to 16 existing holdings. Its largest new stake was Tesla: 30,240 shares worth $3.72M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 3.8% of assets, up from 0.29% a quarter earlier, followed by Financials and Technology.

On the sell side, the largest reduction was iShares Core S&P Mid-Cap ETF, an estimated $18.8K trimmed.

  • Convergence Financial's largest Q4 2022 buy was Tesla: 30,240 shares worth $3.72M.
  • Convergence Financial added most to State Street SPDR Portfolio Developed World ex-US ETF in Q4 2022, an estimated $1.92M increase.
  • Convergence Financial's biggest Q4 2022 reduction was iShares Core S&P Mid-Cap ETF, cutting an estimated $18.8K.
  • Convergence Financial fully exited SoFi Technologies in Q4 2022, selling an estimated $732K.
  • Convergence Financial's ten largest holdings make up 91% of its $113M portfolio in Q4 2022.
  • Convergence Financial opened 8 new positions and closed 3 in Q4 2022.
  • Convergence Financial's portfolio value rose 24% quarter-over-quarter to $113M.

Based on Convergence Financial's 13F filing for Q4 2022, filed 23 Oct 2024.