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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
CGGR icon
126
Capital Group Growth ETF
CGGR
$23.5B
$280K 0.07%
+8,525
New +$270K
ROST icon
127
Ross Stores
ROST
$76.6B
$271K 0.07%
+1,868
New +$258K
VTV icon
128
Vanguard Value ETF
VTV
$189B
$266K 0.07%
+1,660
New +$265K
VBK icon
129
Vanguard Small-Cap Growth ETF
VBK
$23.2B
$260K 0.07%
+1,038
New +$259K
SDOG icon
130
ALPS Sector Dividend Dogs ETF
SDOG
$1.41B
$258K 0.07%
4,889
– –
JPMB icon
131
JPMorgan USD Emerging Markets Sovereign Bond ETF
JPMB
$67.2M
$258K 0.07%
+6,675
New +$258K
KEYS icon
132
Keysight
KEYS
$54.5B
$257K 0.07%
+1,877
New +$274K
KO icon
133
Coca-Cola
KO
$354B
$238K 0.06%
+3,734
New +$231K
EOG icon
134
EOG Resources
EOG
$78B
$237K 0.06%
+1,886
New +$242K
ELV icon
135
Elevance Health
ELV
$81.9B
$231K 0.06%
+426
New +$225K
UNH icon
136
UnitedHealth
UNH
$382B
$225K 0.06%
+442
New +$217K
ACN icon
137
Accenture
ACN
$89.9B
$221K 0.06%
+729
New +$223K
SPMD icon
138
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$18.2B
$217K 0.06%
4,238
-6,480
-60% -$334K
NFLX icon
139
Netflix
NFLX
$292B
$215K 0.06%
+3,180
New +$199K
FTS icon
140
Fortis
FTS
$30B
$214K 0.06%
+5,507
New +$217K
WFC icon
141
Wells Fargo
WFC
$261B
$209K 0.06%
+3,518
New +$208K
RWR icon
142
State Street SPDR Dow Jones REIT ETF
RWR
$1.93B
$208K 0.06%
+2,235
New +$203K
VTI icon
143
Vanguard Total Stock Market ETF
VTI
$654B
$207K 0.05%
+775
New +$201K
HD icon
144
Home Depot
HD
$332B
$206K 0.05%
599
-181
-23% -$61.7K
PANW icon
145
Palo Alto Networks
PANW
$264B
$206K 0.05%
+1,214
New +$182K
TTE icon
146
TotalEnergies
TTE
$193B
$204K 0.05%
+3,060
New +$218K
HLN icon
147
Haleon
HLN
$43.1B
$154K 0.04%
+18,605
New +$155K
SOFI icon
148
SoFi Technologies
SOFI
$21.1B
– –
-400,010
Closed -$2.92M
SPBO icon
149
State Street SPDR Portfolio Corporate Bond ETF
SPBO
$2.08B
– –
-13,997
Closed -$407K
SPSM icon
150
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$16.9B
– –
-11,640
Closed -$501K
3 4 5
6
7

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VSQM
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IGGA
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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.