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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
+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
FISV
51
Fiserv Inc
FISV
$27.2B
$1.42M 0.3%
7,923
+3,006
+61% +$496K
NVO
52
Novo Nordisk
NVO
$216B
$1.33M 0.28%
11,151
+3,243
+41% +$432K
IGEB icon
53
iShares Investment Grade Systematic Bond ETF
IGEB
$1.46B
$1.25M 0.27%
26,971
+3,223
+14% +$147K
DUK icon
54
Duke Energy
DUK
$102B
$1.24M 0.26%
10,794
+1,538
+17% +$171K
AVEM icon
55
Avantis Emerging Markets Equity ETF
AVEM
$24.9B
$1.19M 0.25%
18,377
+5,438
+42% +$333K
ULTA icon
56
Ulta Beauty
ULTA
$20.4B
$1.07M 0.23%
2,755
+979
+55% +$367K
GS icon
57
Goldman Sachs
GS
$313B
$1.05M 0.22%
2,121
+1,157
+120% +$566K
V icon
58
Visa
V
$677B
$1.05M 0.22%
3,811
-449
-11% -$121K
O icon
59
Realty Income
O
$61.2B
$1.02M 0.22%
16,083
+6,250
+64% +$372K
MRK icon
60
Merck
MRK
$324B
$987K 0.21%
8,689
-673
-7% -$80K
VUG icon
61
Vanguard Growth ETF
VUG
$216B
$965K 0.2%
15,078
-2,904
-16% -$180K
DE icon
62
Deere & Co
DE
$170B
$928K 0.2%
2,224
-528
-19% -$199K
MPC icon
63
Marathon Petroleum
MPC
$90.3B
$928K 0.2%
5,696
+2,072
+57% +$350K
ARM icon
64
Arm
ARM
$278B
$915K 0.19%
6,401
+1,822
+40% +$259K
CGGO icon
65
Capital Group Global Growth Equity ETF
CGGO
$11.2B
$883K 0.19%
+29,273
New +$857K
JNJ icon
66
Johnson & Johnson
JNJ
$635B
$882K 0.19%
5,445
-1,664
-23% -$265K
VGT icon
67
Vanguard Information Technology ETF
VGT
$139B
$831K 0.18%
11,328
– –
BWX icon
68
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.32B
$811K 0.17%
34,702
+8,759
+34% +$198K
WMT icon
69
Walmart Inc
WMT
$871B
$803K 0.17%
9,939
-206
-2% -$15.1K
LIN icon
70
Linde
LIN
$237B
$778K 0.17%
1,632
-514
-24% -$235K
AFL icon
71
Aflac
AFL
$63.9B
$778K 0.17%
6,955
-1,884
-21% -$191K
VO icon
72
Vanguard Mid-Cap ETF
VO
$106B
$775K 0.16%
11,756
+2,184
+23% +$137K
BLK icon
73
Blackrock
BLK
$164B
$732K 0.16%
771
-221
-22% -$191K
ADBE icon
74
Adobe
ADBE
$89.5B
$724K 0.15%
1,399
-526
-27% -$288K
IVV icon
75
iShares Core S&P 500 ETF
IVV
$876B
$718K 0.15%
1,244
-289
-19% -$161K
1 2
3
4 5

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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.