Convergence Financial Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$17.4M |
| 2 |
JPMorgan Active Value ETF
JAVA
|
+$11.1M |
| 3 |
Avantis US Small Cap Value ETF
AVUV
|
+$4.82M |
| 4 |
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
|
+$2.73M |
| 5 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$2.27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$5.41M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.66M |
| 3 |
Vanguard Ultra-Short Bond ETF
VUSB
|
+$912K |
| 4 |
Tesla
TSLA
|
+$701K |
| 5 |
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
|
+$539K |
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% |
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.