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
+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
BIL icon
1
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.8B
$35.8M 9.46%
390,023
+72,193
+23% +$6.61M
SPYG icon
2
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$51.9B
$30.6M 8.08%
381,493
+30,737
+9% +$2.3M
SPYV icon
3
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36B
$22.1M 5.85%
453,571
+7,376
+2% +$361K
MDYG icon
4
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.82B
$17.4M 4.61%
207,370
-571
-0.3% -$48.2K
SPAB icon
5
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.79B
$17M 4.5%
678,768
+169,836
+33% +$4.23M
SLYG icon
6
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$5.04B
$16.7M 4.43%
195,077
-3,491
-2% -$298K
MDYV icon
7
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.75B
$16.7M 4.4%
228,341
+2,618
+1% +$192K
SLYV icon
8
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$4.93B
$15.6M 4.11%
198,650
+3,620
+2% +$287K
JAVA icon
9
JPMorgan Active Value ETF
JAVA
$6.74B
$15.3M 4.04%
257,771
+29,421
+13% +$1.74M
NVDA icon
10
NVIDIA
NVDA
$5.14T
$10M 2.65%
+81,221
New +$8.21M
AAPL icon
11
Apple
AAPL
$4.79T
$9.7M 2.56%
46,048
+43,451
+1,673% +$8.1M
SPSB icon
12
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.4B
$8.65M 2.29%
291,313
-135,217
-32% -$4.01M
BILS icon
13
State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
$3.84B
$8.6M 2.27%
86,542
+16,337
+23% +$1.62M
XLK icon
14
State Street Technology Select Sector SPDR ETF
XLK
$117B
$8.38M 2.21%
74,050
-606
-0.8% -$63.8K
MSFT icon
15
Microsoft
MSFT
$2.9T
$7.18M 1.9%
+16,053
New +$6.78M
SPYM
16
State Street SPDR Portfolio S&P 500 ETF
SPYM
$160B
$7.04M 1.86%
109,984
+25,347
+30% +$1.56M
AVUV icon
17
Avantis US Small Cap Value ETF
AVUV
$29.9B
$6.24M 1.65%
69,571
+10,001
+17% +$906K
SPDW icon
18
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$40.1B
$5.57M 1.47%
158,699
+41,031
+35% +$1.46M
AMZN icon
19
Amazon
AMZN
$2.63T
$5.44M 1.44%
28,146
+24,071
+591% +$4.42M
TSLA icon
20
Tesla
TSLA
$1.4T
$4.95M 1.31%
+24,991
New +$4.37M
GOOGL icon
21
Alphabet (Google) Class A
GOOGL
$4.17T
$4.67M 1.24%
25,664
+22,675
+759% +$3.82M
AVGO icon
22
Broadcom
AVGO
$1.89T
$3.83M 1.01%
+23,860
New +$3.34M
SPHQ icon
23
Invesco S&P 500 Quality ETF
SPHQ
$19.4B
$3.74M 0.99%
+58,812
New +$3.59M
IJH icon
24
iShares Core S&P Mid-Cap ETF
IJH
$123B
$3.73M 0.99%
63,770
+17,887
+39% +$1.05M
SPMO icon
25
Invesco S&P 500 Momentum ETF
SPMO
$21.6B
$3.53M 0.93%
+40,381
New +$3.28M
1
2 3 4 5

Similar funds

HTIM
Harbour Trust & Investment Management Michigan City, Indiana $943M AUM 22.21% 1-Year Est. Return
DCM
Disciplina Capital Management Nashville, Tennessee $944M AUM 10.02% 1-Year Est. Return
PWA
Provenance Wealth Advisors Fort Lauderdale, Florida $945M AUM 17.16% 1-Year Est. Return
MPMG
Minneapolis Portfolio Management Group Wayzata, Minnesota $942M AUM 54.98% 1-Year Est. Return
OCM
OLP Capital Management Causeway Bay, Hong Kong $942M AUM 5.25% 1-Year Est. Return
VSQM
V-Square Quantitative Management Chicago, Illinois $946M AUM 31.79% 1-Year Est. Return
DG
Discerene Group Stamford, Connecticut $946M AUM 1.38% 1-Year Est. Return
IGGA
Iron Gate Global Advisors Nsl, Utah $947M AUM 23.59% 1-Year Est. Return

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.