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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
+9.19%
1 Year Est. Return
+17.04%
3 Year Est. Return
+46.22%
5 Year Est. Return
10 Year Est. Return
AUM
$224M
AUM Growth
+$55.6M
Cap. Flow
+$37.7M
Cap. Flow %
16.85%
Top 10 Hldgs %
81.83%
Holding
40
New
9
Increased
13
Reduced
13
Closed
2

Sector Composition

Rank Sector Weight
1 Financials 2.01%
2 Consumer Discretionary 1.39%
3 Technology 0.34%
4 Communication Services 0.14%
5 Consumer Staples 0.14%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
BRK.B icon
26
Berkshire Hathaway Class B
BRK.B
$1.07T
$467K 0.21%
1,308
+24
+2% +$8.42K
VUSB icon
27
Vanguard Ultra-Short Bond ETF
VUSB
$8.93B
$414K 0.18%
8,365
-18,518
-69% -$912K
SPMD icon
28
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$18.2B
$365K 0.16%
+7,497
New +$334K
IJH icon
29
iShares Core S&P Mid-Cap ETF
IJH
$123B
$311K 0.14%
5,605
-140
-2% -$7.1K
GOOGL icon
30
Alphabet (Google) Class A
GOOGL
$3.91T
$310K 0.14%
2,221
+25
+1% +$3.36K
WMT icon
31
Walmart Inc
WMT
$871B
$309K 0.14%
+5,889
New +$312K
SPSM icon
32
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$16.9B
$286K 0.13%
+6,790
New +$256K
VIG icon
33
Vanguard Dividend Appreciation ETF
VIG
$111B
$273K 0.12%
1,604
-136
-8% -$21.9K
HD icon
34
Home Depot
HD
$332B
$270K 0.12%
780
IUSG icon
35
iShares Core S&P US Growth ETF
IUSG
$31.1B
$255K 0.11%
+2,453
New +$242K
CMDY icon
36
iShares Bloomberg Roll Select Commodity Strategy ETF
CMDY
$565M
$253K 0.11%
5,369
-370
-6% -$18.6K
SDOG icon
37
ALPS Sector Dividend Dogs ETF
SDOG
$1.41B
$251K 0.11%
4,889
MSFT icon
38
Microsoft
MSFT
$2.84T
$219K 0.1%
+582
New +$207K
CAT icon
39
Caterpillar
CAT
$409B
-953
Closed -$260K
PDI icon
40
PIMCO Dynamic Income Fund
PDI
$7.4B
-13,357
Closed -$231K

Similar funds

Convergence Financial's Q4 2023 Portfolio in Review

As of Q4 2023, Convergence Financial held 40 positions worth $224M, up 33% from $168M the previous quarter. Its ten largest holdings account for 82% of the portfolio.

Convergence Financial deployed $37.7M of net new capital in Q4 2023, opening 9 new positions and adding to 13 existing holdings. Its largest new stake was JPMorgan Active Value ETF: 211,987 shares worth $11.8M.

By sector, the portfolio is most concentrated in Financials at 2% of assets, up from 0.27% a quarter earlier, followed by Consumer Discretionary and Technology.

On the sell side, the largest reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $5.41M trimmed.

  • Convergence Financial's largest Q4 2023 buy was JPMorgan Active Value ETF: 211,987 shares worth $11.8M.
  • Convergence Financial added most to State Street SPDR Bloomberg 1-3 Month T-Bill ETF in Q4 2023, an estimated $17.4M increase.
  • Convergence Financial's biggest Q4 2023 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $5.41M.
  • Convergence Financial fully exited Caterpillar in Q4 2023, selling an estimated $260K.
  • Convergence Financial's ten largest holdings make up 82% of its $224M portfolio in Q4 2023.
  • Convergence Financial opened 9 new positions and closed 2 in Q4 2023.
  • Convergence Financial's portfolio value rose 33% quarter-over-quarter to $224M.

Based on Convergence Financial's 13F filing for Q4 2023, filed 23 Oct 2024.