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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
VTV icon
126
Vanguard Value ETF
VTV
$189B
$288K 0.06%
1,651
-9
-0.5% -$1.51K
BND icon
127
Vanguard Total Bond Market
BND
$158B
$286K 0.06%
+3,812
New +$282K
VZ icon
128
Verizon
VZ
$198B
$279K 0.06%
6,219
-3,520
-36% -$147K
BAC icon
129
Bank of America
BAC
$436B
$279K 0.06%
7,026
-1,997
-22% -$80K
GIS icon
130
General Mills
GIS
$19.5B
$276K 0.06%
3,740
-946
-20% -$65.5K
AMT icon
131
American Tower
AMT
$77.6B
$268K 0.06%
1,151
-516
-31% -$114K
ACN icon
132
Accenture
ACN
$95.6B
$263K 0.06%
743
+14
+2% +$4.6K
OMC icon
133
Omnicom Group
OMC
$23.5B
$261K 0.06%
2,529
-805
-24% -$77.4K
MDT icon
134
Medtronic
MDT
$108B
$260K 0.06%
2,883
-1,829
-39% -$154K
ENB icon
135
Enbridge
ENB
$121B
$257K 0.05%
6,318
-1,867
-23% -$71.9K
VBK icon
136
Vanguard Small-Cap Growth ETF
VBK
$23.2B
$256K 0.05%
956
-82
-8% -$21K
CGDV icon
137
Capital Group Dividend Value ETF
CGDV
$37.1B
$253K 0.05%
+6,946
New +$241K
TSLA icon
138
PUT
Tesla
TSLA
$1.21T
$253K 0.05%
+14,000
New +$3.19M
XOP icon
139
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.5B
$252K 0.05%
1,915
-237
-11% -$32.7K
ITW icon
140
Illinois Tool Works
ITW
$81.9B
$251K 0.05%
959
-485
-34% -$119K
CSCO icon
141
Cisco
CSCO
$449B
$247K 0.05%
4,644
-1,784
-28% -$86.8K
ROST icon
142
Ross Stores
ROST
$78B
$247K 0.05%
1,641
-227
-12% -$33.5K
SCHD icon
143
Schwab US Dividend Equity ETF
SCHD
$103B
$242K 0.05%
+8,583
New +$234K
RWR icon
144
State Street SPDR Dow Jones REIT ETF
RWR
$1.9B
$238K 0.05%
2,228
-7
-0.3% -$709
IWR icon
145
iShares Russell Mid-Cap ETF
IWR
$56B
$235K 0.05%
+2,666
New +$225K
HD icon
146
Home Depot
HD
$337B
$233K 0.05%
575
-24
-4% -$8.75K
SPMD icon
147
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$18.3B
$231K 0.05%
4,224
-14
-0.3% -$740
TJX icon
148
TJX Companies
TJX
$174B
$231K 0.05%
+1,965
New +$225K
UPS icon
149
United Parcel Service
UPS
$96.2B
$224K 0.05%
1,640
-1,145
-41% -$150K
MCO icon
150
Moody's
MCO
$85B
$221K 0.05%
466
-256
-35% -$119K
3 4 5
6
7

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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.