We are live on ! Find out more
CF

Convergence Financial Portfolio holdings

AUM $943M
1-Year Est. Return 17.04%
This Fund
S&P 500
This Quarter Est. Return
+5.71%
1 Year Est. Return
+17.04%
3 Year Est. Return
+46.22%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$471M
AUM Growth
+$92.7M
Cap. Flow
+$73.3M
Cap. Flow %
15.56%
Top 10 Hldgs %
53.08%
Holding
164
New
17
Increased
66
Reduced
72
Closed
7

Top Buys

Rank Stock Value
1
SPAB icon
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
+$21.7M
2
MTUM icon
iShares MSCI USA Momentum Factor ETF
MTUM
+$12.3M
3
CGCP icon
Capital Group Core Plus Income ETF
CGCP
+$9.92M
4
BIL icon
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
+$3.55M
5
SPYV icon
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
+$2.62M

Top Sells

Rank Stock Value
1
FLCB icon
Franklin US Core Bond ETF
FLCB
+$2.84M
2
AAPL icon
Apple
AAPL
+$1.62M
3
SPDW icon
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
+$1.06M
4
BRK.A icon
Berkshire Hathaway Class A
BRK.A
+$612K
5
GBTC icon
Grayscale Bitcoin Trust
GBTC
+$298K

Sector Composition

Rank Sector Weight
1 Technology 8.92%
2 Consumer Discretionary 3.64%
3 Financials 2.85%
4 Healthcare 2.47%
5 Communication Services 2.04%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SPHQ icon
26
Invesco S&P 500 Quality ETF
SPHQ
$19.4B
$3.87M 0.82%
57,465
-1,347
-2% -$87.5K
SPMO icon
27
Invesco S&P 500 Momentum ETF
SPMO
$21.1B
$3.7M 0.79%
40,832
+451
+1% +$39.5K
IJR icon
28
iShares Core S&P Small-Cap ETF
IJR
$109B
$3.58M 0.76%
30,634
+9,805
+47% +$1.11M
META icon
29
Meta Platforms (Facebook)
META
$1.51T
$3.48M 0.74%
6,087
+556
+10% +$286K
LLY icon
30
Eli Lilly
LLY
$1.07T
$3.19M 0.68%
3,596
+299
+9% +$269K
JPM icon
31
JPMorgan Chase
JPM
$939B
$3.09M 0.66%
14,643
+1,576
+12% +$332K
GBTC icon
32
Grayscale Bitcoin Trust
GBTC
$9.64B
$2.96M 0.63%
58,627
-6,113
-9% -$298K
IEMG icon
33
iShares Core MSCI Emerging Markets ETF
IEMG
$149B
$2.79M 0.59%
48,647
+3,148
+7% +$170K
SPGM icon
34
State Street SPDR Portfolio MSCI Global Stock Market ETF
SPGM
$1.7B
$2.42M 0.51%
37,361
+71
+0.2% +$4.4K
COST icon
35
Costco
COST
$415B
$2.33M 0.49%
2,624
+533
+25% +$463K
FTNT icon
36
Fortinet
FTNT
$112B
$2.22M 0.47%
28,665
+6,098
+27% +$417K
BRK.B icon
37
Berkshire Hathaway Class B
BRK.B
$1.07T
$2.18M 0.46%
4,726
+1,668
+55% +$738K
PG icon
38
Procter & Gamble
PG
$343B
$2.04M 0.43%
11,772
+1,534
+15% +$260K
LOW icon
39
Lowe's Companies
LOW
$116B
$1.99M 0.42%
7,351
+1,040
+16% +$252K
SPHY icon
40
State Street SPDR Portfolio High Yield Bond ETF
SPHY
$11.4B
$1.89M 0.4%
78,704
+7,510
+11% +$177K
UNP icon
41
Union Pacific
UNP
$183B
$1.83M 0.39%
7,445
+2,833
+61% +$687K
TMO icon
42
Thermo Fisher Scientific
TMO
$211B
$1.82M 0.39%
2,942
+692
+31% +$410K
NOW icon
43
ServiceNow
NOW
$102B
$1.79M 0.38%
10,010
+3,380
+51% +$556K
SPY icon
44
State Street SPDR S&P 500 ETF Trust
SPY
$778B
$1.73M 0.37%
3,012
+1,037
+53% +$573K
ALL icon
45
Allstate
ALL
$66.9B
$1.65M 0.35%
8,722
+2,204
+34% +$391K
VTI icon
46
Vanguard Total Stock Market ETF
VTI
$654B
$1.63M 0.35%
5,750
+4,975
+642% +$1.36M
AME icon
47
Ametek
AME
$55.5B
$1.57M 0.33%
9,158
+3,980
+77% +$664K
CRM icon
48
Salesforce
CRM
$134B
$1.57M 0.33%
5,745
+1,870
+48% +$479K
HELO icon
49
JPMorgan Hedged Equity Laddered Overlay ETF
HELO
$4.14B
$1.53M 0.33%
25,044
+6,493
+35% +$385K
CVX icon
50
Chevron
CVX
$388B
$1.43M 0.3%
9,723
+1,149
+13% +$171K
1
2
3 4 5

Similar funds

HTIM
Harbour Trust & Investment Management Michigan City, Indiana $943M AUM 22.21% 1-Year Est. Return
DCM
Disciplina Capital Management Nashville, Tennessee $944M AUM 10.02% 1-Year Est. Return
MPMG
Minneapolis Portfolio Management Group Wayzata, Minnesota $942M AUM 54.98% 1-Year Est. Return
OCM
OLP Capital Management Causeway Bay, Hong Kong $942M AUM 5.25% 1-Year Est. Return
VSQM
V-Square Quantitative Management Chicago, Illinois $946M AUM 31.79% 1-Year Est. Return
DG
Discerene Group Stamford, Connecticut $946M AUM 1.38% 1-Year Est. Return
IGGA
Iron Gate Global Advisors Nsl, Utah $947M AUM 23.59% 1-Year Est. Return
SFBLI
Southern Farm Bureau Life Insurance Jackson, Mississippi $947M AUM 13.91% 1-Year Est. Return

Convergence Financial's Q3 2024 Portfolio in Review

As of Q3 2024, Convergence Financial held 164 positions worth $471M, up 25% from $378M the previous quarter. Its ten largest holdings account for 53% of the portfolio.

Convergence Financial deployed $73.3M of net new capital in Q3 2024, opening 17 new positions and adding to 66 existing holdings. Its largest new stake was iShares MSCI USA Momentum Factor ETF: 63,350 shares worth $12.8M.

By sector, the portfolio is most concentrated in Technology at 8.9% of assets, down from 11% a quarter earlier, followed by Consumer Discretionary and Financials.

On the sell side, the largest reduction was Apple, an estimated $1.62M trimmed.

  • Convergence Financial's largest Q3 2024 buy was iShares MSCI USA Momentum Factor ETF: 63,350 shares worth $12.8M.
  • Convergence Financial added most to State Street SPDR Portfolio Aggregate Bond ETF in Q3 2024, an estimated $21.7M increase.
  • Convergence Financial's biggest Q3 2024 reduction was Apple, cutting an estimated $1.62M.
  • Convergence Financial fully exited Franklin US Core Bond ETF in Q3 2024, selling an estimated $2.84M.
  • Convergence Financial's ten largest holdings make up 53% of its $471M portfolio in Q3 2024.
  • Convergence Financial opened 17 new positions and closed 7 in Q3 2024.
  • Convergence Financial's portfolio value rose 25% quarter-over-quarter to $471M.

Based on Convergence Financial's 13F filing for Q3 2024, filed 23 Oct 2024.