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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
+4.83%
1 Year Est. Return
+17.04%
3 Year Est. Return
+46.22%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$163M
AUM Growth
+$27M
Cap. Flow
+$19.7M
Cap. Flow %
12.13%
Top 10 Hldgs %
89.15%
Holding
30
New
2
Increased
16
Reduced
5
Closed
1

Top Buys

Rank Stock Value
1
SPAB icon
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
+$4.18M
2
SPSB icon
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
+$4.11M
3
BILS icon
State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
+$3.28M
4
BIL icon
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
+$2.53M
5
TSLA icon
Tesla
TSLA
+$1.27M

Top Sells

Rank Stock Value
1
SOFI icon
SoFi Technologies
SOFI
+$1.21M
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$36.8K
3
IJH icon
iShares Core S&P Mid-Cap ETF
IJH
+$20.6K
4
VIG icon
Vanguard Dividend Appreciation ETF
VIG
+$20K
5
IVV icon
iShares Core S&P 500 ETF
IVV
+$19.4K

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 1.46%
2 Technology 0.33%
3 Financials 0.27%
4 Communication Services 0.16%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VIG icon
26
Vanguard Dividend Appreciation ETF
VIG
$111B
$281K 0.17%
1,732
-128
-7% -$20K
IJH icon
27
iShares Core S&P Mid-Cap ETF
IJH
$123B
$277K 0.17%
5,305
-415
-7% -$20.6K
GOOGL icon
28
Alphabet (Google) Class A
GOOGL
$3.91T
$263K 0.16%
2,196
-320
-13% -$36.8K
SDOG icon
29
ALPS Sector Dividend Dogs ETF
SDOG
$1.41B
$244K 0.15%
4,889
– –
SOFI icon
30
SoFi Technologies
SOFI
$21.1B
– –
-200,010
Closed -$1.21M
1
2

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Convergence Financial's Q2 2023 Portfolio in Review

As of Q2 2023, Convergence Financial held 30 positions worth $163M, up 20% from $136M the previous quarter. Its ten largest holdings account for 89% of the portfolio.

Convergence Financial deployed $19.7M of net new capital in Q2 2023, opening 2 new positions and adding to 16 existing holdings. Its largest new stake was State Street SPDR Bloomberg 3-12 Month T-Bill ETF: 33,062 shares worth $3.29M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 1.5% of assets, up from 0.41% a quarter earlier, followed by Technology and Financials.

On the sell side, the largest reduction was Alphabet (Google) Class A, an estimated $36.8K trimmed.

  • Convergence Financial's largest Q2 2023 buy was State Street SPDR Bloomberg 3-12 Month T-Bill ETF: 33,062 shares worth $3.29M.
  • Convergence Financial added most to State Street SPDR Portfolio Aggregate Bond ETF in Q2 2023, an estimated $4.18M increase.
  • Convergence Financial's biggest Q2 2023 reduction was Alphabet (Google) Class A, cutting an estimated $36.8K.
  • Convergence Financial fully exited SoFi Technologies in Q2 2023, selling an estimated $1.21M.
  • Convergence Financial's ten largest holdings make up 89% of its $163M portfolio in Q2 2023.
  • Convergence Financial opened 2 new positions and closed 1 in Q2 2023.
  • Convergence Financial's portfolio value rose 20% quarter-over-quarter to $163M.

Based on Convergence Financial's 13F filing for Q2 2023, filed 23 Oct 2024.