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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
+2.42%
1 Year Est. Return
+17.04%
3 Year Est. Return
+46.22%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$378M
AUM Growth
+$136M
Cap. Flow
+$130M
Cap. Flow %
34.48%
Top 10 Hldgs %
52.14%
Holding
151
New
102
Increased
37
Reduced
7
Closed
4

Top Buys

Rank Stock Value
1
NVDA icon
NVIDIA
NVDA
+$8.21M
2
AAPL icon
Apple
AAPL
+$8.1M
3
MSFT icon
Microsoft
MSFT
+$6.78M
4
BIL icon
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
+$6.61M
5
AMZN icon
Amazon
AMZN
+$4.42M

Top Sells

Rank Stock Value
1
SPSB icon
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
+$4.01M
2
SOFI icon
SoFi Technologies
SOFI
+$2.92M
3
VUSB icon
Vanguard Ultra-Short Bond ETF
VUSB
+$744K
4
SPSM icon
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
+$501K
5
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$467K

Sector Composition

Rank Sector Weight
1 Technology 10.8%
2 Consumer Discretionary 3.65%
3 Financials 3.24%
4 Healthcare 2.88%
5 Communication Services 2.51%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NOW icon
51
ServiceNow
NOW
$102B
$1.04M 0.28%
+6,630
New +$973K
ALL icon
52
Allstate
ALL
$66.9B
$1.04M 0.28%
+6,518
New +$1.09M
JNJ icon
53
Johnson & Johnson
JNJ
$635B
$1.04M 0.27%
+7,109
New +$1.06M
DE icon
54
Deere & Co
DE
$170B
$1.03M 0.27%
+2,752
New +$1.07M
CRM icon
55
Salesforce
CRM
$134B
$996K 0.26%
+3,875
New +$1.04M
LIN icon
56
Linde
LIN
$237B
$942K 0.25%
+2,146
New +$944K
DUK icon
57
Duke Energy
DUK
$102B
$928K 0.25%
+9,256
New +$926K
DLR icon
58
Digital Realty Trust
DLR
$73.7B
$869K 0.23%
+5,715
New +$821K
AME icon
59
Ametek
AME
$55.5B
$863K 0.23%
+5,178
New +$894K
IVV icon
60
iShares Core S&P 500 ETF
IVV
$876B
$839K 0.22%
1,533
+349
+29% +$184K
VGT icon
61
Vanguard Information Technology ETF
VGT
$139B
$816K 0.22%
11,328
+248
+2% +$16.5K
AVEM icon
62
Avantis Emerging Markets Equity ETF
AVEM
$24.9B
$790K 0.21%
12,939
+9,052
+233% +$543K
AFL icon
63
Aflac
AFL
$63.9B
$789K 0.21%
+8,839
New +$760K
BLK icon
64
Blackrock
BLK
$164B
$781K 0.21%
+992
New +$774K
PEP icon
65
PepsiCo
PEP
$186B
$749K 0.2%
+4,543
New +$784K
ARM icon
66
Arm
ARM
$278B
$749K 0.2%
+4,579
New +$569K
TXN icon
67
Texas Instruments
TXN
$255B
$741K 0.2%
+3,808
New +$704K
FISV
68
Fiserv Inc
FISV
$27.2B
$733K 0.19%
+4,917
New +$744K
RTX icon
69
RTX Corp
RTX
$287B
$726K 0.19%
+7,230
New +$748K
DIS icon
70
Walt Disney
DIS
$165B
$712K 0.19%
7,172
+4,908
+217% +$528K
WMT icon
71
Walmart Inc
WMT
$871B
$687K 0.18%
10,145
+4,678
+86% +$295K
ULTA icon
72
Ulta Beauty
ULTA
$20.4B
$685K 0.18%
+1,776
New +$722K
VIG icon
73
Vanguard Dividend Appreciation ETF
VIG
$111B
$674K 0.18%
3,695
+1,981
+116% +$357K
MPC icon
74
Marathon Petroleum
MPC
$90.3B
$629K 0.17%
+3,624
New +$674K
SDVY icon
75
First Trust SMID Cap Rising Dividend Achievers ETF
SDVY
$11.4B
$618K 0.16%
+18,527
New +$624K
1 2
3
4 5

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SFBLI
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Convergence Financial's Q2 2024 Portfolio in Review

As of Q2 2024, Convergence Financial held 151 positions worth $378M, up 56% from $242M the previous quarter. Its ten largest holdings account for 52% of the portfolio.

Convergence Financial deployed $130M of net new capital in Q2 2024, opening 102 new positions and adding to 37 existing holdings. Its largest new stake was NVIDIA: 81,221 shares worth $10M.

By sector, the portfolio is most concentrated in Technology at 11% of assets, up from 0.18% a quarter earlier, followed by Consumer Discretionary and Financials.

On the sell side, the largest reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $4.01M trimmed.

  • Convergence Financial's largest Q2 2024 buy was NVIDIA: 81,221 shares worth $10M.
  • Convergence Financial added most to Apple in Q2 2024, an estimated $8.1M increase.
  • Convergence Financial's biggest Q2 2024 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $4.01M.
  • Convergence Financial fully exited SoFi Technologies in Q2 2024, selling an estimated $2.92M.
  • Convergence Financial's ten largest holdings make up 52% of its $378M portfolio in Q2 2024.
  • Convergence Financial opened 102 new positions and closed 4 in Q2 2024.
  • Convergence Financial's portfolio value rose 56% quarter-over-quarter to $378M.

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