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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
SPAB icon
1
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.79B
$39.8M 8.45%
1,522,309
+843,541
+124% +$21.7M
BIL icon
2
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.8B
$39.4M 8.36%
428,820
+38,797
+10% +$3.55M
SPYG icon
3
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$51.9B
$34.3M 7.28%
413,223
+31,730
+8% +$2.54M
SPYV icon
4
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36B
$26.7M 5.67%
505,014
+51,443
+11% +$2.62M
MDYG icon
5
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.82B
$19.9M 4.22%
226,381
+19,011
+9% +$1.62M
MDYV icon
6
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.75B
$19.9M 4.22%
249,956
+21,615
+9% +$1.65M
SLYG icon
7
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$5.04B
$19.8M 4.21%
212,742
+17,665
+9% +$1.59M
SLYV icon
8
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$4.93B
$19M 4.03%
218,346
+19,696
+10% +$1.65M
JAVA icon
9
JPMorgan Active Value ETF
JAVA
$6.74B
$18.5M 3.94%
289,252
+31,481
+12% +$1.93M
MTUM icon
10
iShares MSCI USA Momentum Factor ETF
MTUM
$26.2B
$12.8M 2.73%
+63,350
New +$12.3M
CGCP icon
11
Capital Group Core Plus Income ETF
CGCP
$8.35B
$10M 2.13%
+434,405
New +$9.92M
XLK icon
12
State Street Technology Select Sector SPDR ETF
XLK
$117B
$9.61M 2.04%
85,156
+11,106
+15% +$1.22M
NVDA icon
13
NVIDIA
NVDA
$5.14T
$9.61M 2.04%
79,137
-2,084
-3% -$246K
BILS icon
14
State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
$3.84B
$9.16M 1.94%
91,969
+5,427
+6% +$539K
AAPL icon
15
Apple
AAPL
$4.79T
$9.04M 1.92%
38,778
-7,270
-16% -$1.62M
SPSB icon
16
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.4B
$8.72M 1.85%
287,965
-3,348
-1% -$100K
AVUV icon
17
Avantis US Small Cap Value ETF
AVUV
$29.9B
$7.79M 1.65%
81,182
+11,611
+17% +$1.09M
SPYM
18
State Street SPDR Portfolio S&P 500 ETF
SPYM
$160B
$7.6M 1.61%
112,512
+2,528
+2% +$164K
TSLA icon
19
Tesla
TSLA
$1.4T
$7.11M 1.51%
27,164
+2,173
+9% +$496K
MSFT icon
20
Microsoft
MSFT
$2.9T
$6.7M 1.42%
15,565
-488
-3% -$209K
AMZN icon
21
Amazon
AMZN
$2.63T
$5.44M 1.16%
29,209
+1,063
+4% +$194K
SPDW icon
22
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$40.1B
$4.86M 1.03%
129,387
-29,312
-18% -$1.06M
AVGO icon
23
Broadcom
AVGO
$1.89T
$4.64M 0.99%
26,915
+3,055
+13% +$490K
GOOGL icon
24
Alphabet (Google) Class A
GOOGL
$4.17T
$4.42M 0.94%
26,664
+1,000
+4% +$168K
IJH icon
25
iShares Core S&P Mid-Cap ETF
IJH
$123B
$4.17M 0.89%
66,982
+3,212
+5% +$194K
1
2 3 4 5

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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.