Convergence Financial Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$5.92M |
| 2 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$4.11M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.14M |
| 4 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$2.96M |
| 5 |
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
|
+$1.63M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$1.97M |
| 2 |
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
|
+$812K |
| 3 |
Vanguard Information Technology ETF
VGT
|
+$538K |
| 4 |
State Street SPDR Dow Jones REIT ETF
RWR
|
+$417K |
| 5 |
Invesco QQQ Trust
QQQ
|
+$279K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 1.69% |
| 2 | Consumer Discretionary | 0% |
Similar funds
Convergence Financial's Q2 2022 Portfolio in Review
As of Q2 2022, Convergence Financial held 25 positions worth $96.8M, up 3.9% from $93.2M the previous quarter. Its ten largest holdings account for 95% of the portfolio.
Convergence Financial deployed $19.6M of net new capital in Q2 2022, opening 3 new positions and adding to 11 existing holdings. Its largest new stake was State Street SPDR S&P 500 ETF Trust: 7,673 shares worth $2.89M.
By sector, the portfolio is most concentrated in Financials at 1.7% of assets, up from 0.6% a quarter earlier, followed by Consumer Discretionary.
On the sell side, the largest reduction was State Street SPDR Portfolio Intermediate Term Treasury ETF, an estimated $812K trimmed.
- Convergence Financial's largest Q2 2022 buy was State Street SPDR S&P 500 ETF Trust: 7,673 shares worth $2.89M.
- Convergence Financial added most to State Street Technology Select Sector SPDR ETF in Q2 2022, an estimated $5.92M increase.
- Convergence Financial's biggest Q2 2022 reduction was State Street SPDR Portfolio Intermediate Term Treasury ETF, cutting an estimated $812K.
- Convergence Financial fully exited Tesla in Q2 2022, selling an estimated $1.97M.
- Convergence Financial's ten largest holdings make up 95% of its $96.8M portfolio in Q2 2022.
- Convergence Financial opened 3 new positions and closed 4 in Q2 2022.
- Convergence Financial's portfolio value rose 3.9% quarter-over-quarter to $96.8M.
Based on Convergence Financial's 13F filing for Q2 2022, filed 23 Oct 2024.