We are live on ! Find out more
CF

Convergence Financial Portfolio holdings

AUM $943M
1-Year Est. Return 17.04%
This Fund
S&P 500
This Quarter Est. Return
+9.19%
1 Year Est. Return
+17.04%
3 Year Est. Return
+46.22%
5 Year Est. Return
10 Year Est. Return
AUM
$224M
AUM Growth
+$55.6M
Cap. Flow
+$37.7M
Cap. Flow %
16.85%
Top 10 Hldgs %
81.83%
Holding
40
New
9
Increased
13
Reduced
13
Closed
2

Sector Composition

Rank Sector Weight
1 Financials 2.01%
2 Consumer Discretionary 1.39%
3 Technology 0.34%
4 Communication Services 0.14%
5 Consumer Staples 0.14%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
BIL icon
1
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.8B
$29M 12.94%
317,291
+190,365
+150% +$17.4M
SPYV icon
2
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36B
$23.1M 10.33%
496,275
+47,428
+11% +$2.05M
SPYG icon
3
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$51.9B
$22.8M 10.16%
349,769
+36,869
+12% +$2.27M
SLYG icon
4
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$5.04B
$17.9M 7.97%
213,482
-4,737
-2% -$355K
MDYV icon
5
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.75B
$17.8M 7.95%
242,578
-4,590
-2% -$304K
SLYV icon
6
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$4.93B
$17.3M 7.72%
207,693
-7,282
-3% -$539K
MDYG icon
7
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.82B
$17.1M 7.63%
225,822
-6,091
-3% -$427K
SPAB icon
8
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.79B
$14.4M 6.42%
560,522
+111,037
+25% +$2.73M
SPSB icon
9
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.4B
$12.2M 5.45%
409,948
-183,967
-31% -$5.41M
JAVA icon
10
JPMorgan Active Value ETF
JAVA
$6.74B
$11.8M 5.26%
+211,987
New +$11.1M
XLK icon
11
State Street Technology Select Sector SPDR ETF
XLK
$117B
$8.45M 3.77%
87,774
-3,068
-3% -$273K
BILS icon
12
State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
$3.84B
$6.83M 3.05%
68,877
+22,014
+47% +$2.18M
AVUV icon
13
Avantis US Small Cap Value ETF
AVUV
$29.9B
$5.42M 2.42%
+60,305
New +$4.82M
SPY icon
14
State Street SPDR S&P 500 ETF Trust
SPY
$787B
$2.74M 1.22%
5,764
-3,737
-39% -$1.66M
SOFI icon
15
SoFi Technologies
SOFI
$21.9B
$2.49M 1.11%
+250,010
New +$1.99M
TSLA icon
16
Tesla
TSLA
$1.4T
$2.34M 1.04%
9,415
-2,951
-24% -$701K
SPYM
17
State Street SPDR Portfolio S&P 500 ETF
SPYM
$160B
$2M 0.89%
35,771
+13,642
+62% +$715K
PYPL icon
18
PayPal
PYPL
$49B
$1.54M 0.69%
+25,078
New +$1.44M
SPDW icon
19
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$40.1B
$1.36M 0.61%
39,997
+27,540
+221% +$874K
VGT icon
20
Vanguard Information Technology ETF
VGT
$142B
$698K 0.31%
11,536
-9,448
-45% -$526K
SPEM icon
21
State Street SPDR Portfolio Emerging Markets ETF
SPEM
$17.3B
$695K 0.31%
19,638
+12,825
+188% +$436K
IVV icon
22
iShares Core S&P 500 ETF
IVV
$886B
$577K 0.26%
1,207
+23
+2% +$10.3K
AAPL icon
23
Apple
AAPL
$4.79T
$552K 0.25%
2,868
+94
+3% +$17.4K
ARKK icon
24
ARK Innovation ETF
ARKK
$6.23B
$544K 0.24%
10,384
AMZN icon
25
Amazon
AMZN
$2.63T
$500K 0.22%
3,291
+56
+2% +$7.85K

Similar funds

Convergence Financial's Q4 2023 Portfolio in Review

As of Q4 2023, Convergence Financial held 40 positions worth $224M, up 33% from $168M the previous quarter. Its ten largest holdings account for 82% of the portfolio.

Convergence Financial deployed $37.7M of net new capital in Q4 2023, opening 9 new positions and adding to 13 existing holdings. Its largest new stake was JPMorgan Active Value ETF: 211,987 shares worth $11.8M.

By sector, the portfolio is most concentrated in Financials at 2% of assets, up from 0.27% a quarter earlier, followed by Consumer Discretionary and Technology.

On the sell side, the largest reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $5.41M trimmed.

  • Convergence Financial's largest Q4 2023 buy was JPMorgan Active Value ETF: 211,987 shares worth $11.8M.
  • Convergence Financial added most to State Street SPDR Bloomberg 1-3 Month T-Bill ETF in Q4 2023, an estimated $17.4M increase.
  • Convergence Financial's biggest Q4 2023 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $5.41M.
  • Convergence Financial fully exited Caterpillar in Q4 2023, selling an estimated $260K.
  • Convergence Financial's ten largest holdings make up 82% of its $224M portfolio in Q4 2023.
  • Convergence Financial opened 9 new positions and closed 2 in Q4 2023.
  • Convergence Financial's portfolio value rose 33% quarter-over-quarter to $224M.

Based on Convergence Financial's 13F filing for Q4 2023, filed 23 Oct 2024.