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
+5.99%
1 Year Est. Return
+17.04%
3 Year Est. Return
+46.22%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$242M
AUM Growth
+$18.2M
Cap. Flow
+$6.38M
Cap. Flow %
2.63%
Top 10 Hldgs %
76.48%
Holding
53
New
15
Increased
15
Reduced
17
Closed
4

Top Buys

Rank Stock Value
1
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
+$2.86M
2
GBTC icon
Grayscale Bitcoin Trust
GBTC
+$2.83M
3
SPDW icon
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
+$2.67M
4
IJH icon
iShares Core S&P Mid-Cap ETF
IJH
+$2.28M
5
IJR icon
iShares Core S&P Small-Cap ETF
IJR
+$1.57M

Top Sells

Rank Stock Value
1
SPYV icon
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
+$2.39M
2
TSLA icon
Tesla
TSLA
+$2.34M
3
PYPL icon
PayPal
PYPL
+$1.54M
4
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$1.44M
5
MDYG icon
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
+$1.43M

Sector Composition

Rank Sector Weight
1 Financials 1.97%
2 Consumer Discretionary 0.43%
3 Communication Services 0.4%
4 Consumer Staples 0.29%
5 Technology 0.18%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MSFT icon
51
Microsoft
MSFT
$2.91T
– –
-582
Closed -$219K
PYPL icon
52
PayPal
PYPL
$49.7B
– –
-25,078
Closed -$1.54M
TSLA icon
53
Tesla
TSLA
$1.22T
– –
-9,415
Closed -$2.34M
1 2
3

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
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
LG
Leuthold Group Minneapolis, Minnesota $939M AUM 37.7% 1-Year Est. Return

Convergence Financial's Q1 2024 Portfolio in Review

As of Q1 2024, Convergence Financial held 53 positions worth $242M, up 8.1% from $224M the previous quarter. Its ten largest holdings account for 76% of the portfolio.

Convergence Financial's Q1 2024 filing shows 15 new, 15 increased, 17 reduced and 4 closed positions. Its largest new stake was Grayscale Bitcoin Trust: 64,331 shares worth $3.67M. The largest sale was State Street SPDR Portfolio S&P 500 Value ETF, an estimated $2.39M.

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

  • Convergence Financial's largest Q1 2024 buy was Grayscale Bitcoin Trust: 64,331 shares worth $3.67M.
  • Convergence Financial added most to State Street SPDR Portfolio S&P 500 ETF in Q1 2024, an estimated $2.86M increase.
  • Convergence Financial's biggest Q1 2024 reduction was State Street SPDR Portfolio S&P 500 Value ETF, cutting an estimated $2.39M.
  • Convergence Financial fully exited Tesla in Q1 2024, selling an estimated $2.34M.
  • Convergence Financial's ten largest holdings make up 76% of its $242M portfolio in Q1 2024.
  • Convergence Financial opened 15 new positions and closed 4 in Q1 2024.
  • Convergence Financial's portfolio value rose 8.1% quarter-over-quarter to $242M.

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