We are live on
!
Find out more
CIP
Convergence Investment Partners Portfolio holdings
AUM
$1.06B
1-Year Est. Return
87.75%
This Fund
S&P 500
This Quarter
Est. Return
+8.47%
1 Year Est. Return
+87.75%
3 Year Est. Return
+284.26%
5 Year Est. Return
+379.02%
10 Year Est. Return
+1,390.46%
AUM
$678M
AUM Growth
-$48.9M
(-6.7%)
Cap. Flow
-$82.3M
Cap. Flow
% of AUM
-12.14%
Top 10 Holdings %
Top 10 Hldgs %
12.63%
Holding
435
New
127
Increased
76
Reduced
120
Closed
111
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pfizer
PFE
|
+$6.36M |
| 2 |
AT&T
T
|
+$6.07M |
| 3 |
CATM
Cardtronics plc Class A Ordinary Shares (UK)
CATM
|
+$5.04M |
| 4 |
CVG
Convergys
CVG
|
+$4.73M |
| 5 |
GXP
Great Plains Energy Incorporated
GXP
|
+$4.55M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Leidos
LDOS
|
+$5.48M |
| 2 |
RAX
Rackspace Hosting Inc
RAX
|
+$5.32M |
| 3 |
DYN
Dynegy, Inc.
DYN
|
+$5.03M |
| 4 |
Gilead Sciences
GILD
|
+$4.77M |
| 5 |
Verizon
VZ
|
+$4.76M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.1% |
| 2 | Technology | 13.84% |
| 3 | Industrials | 12.51% |
| 4 | Healthcare | 11.57% |
| 5 | Consumer Discretionary | 9.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PHH
226
DELISTED
PHH Corporation
PHH
| $1.11M | 0.16% |
+77,175
| New | +$1.13M |
|
227
ManpowerGroup
MAN
$2.63B
| $1.1M | 0.16% |
15,272
-5,102
| -25% | -$352K |
|
|
BPFH
228
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $1.09M | 0.16% |
+85,158
| New | +$1.06M |
|
|
BEAT
229
DELISTED
BioTelemetry, Inc.
BEAT
| $1.07M | 0.16% |
+57,788
| New | +$1.09M |
|
230
Exelon
EXC
$47B
| $1.07M | 0.16% |
45,018
-90,604
| -67% | -$2.28M |
|
|
MDR
231
DELISTED
McDermott International
MDR
| $1.06M | 0.16% |
+70,573
| New | +$1.05M |
|
|
VWR
232
DELISTED
VWR Corporation
VWR
| $1.05M | 0.16% |
37,182
+103
| +0.3% | +$2.98K |
|
233
Rayonier Advanced Materials
RYAM
$610M
| $1.05M | 0.15% |
78,281
+5,862
| +8% | +$75.8K |
|
234
HF Sinclair
DINO
$14.5B
| $1.03M | 0.15% |
+41,891
| New | +$1.05M |
|
|
ISCA
235
DELISTED
International Speedway Corp
ISCA
| $1.02M | 0.15% |
+30,657
| New | +$1.04M |
|
236
FirstEnergy
FE
$27.5B
| $1.02M | 0.15% |
30,860
-73,015
| -70% | -$2.48M |
|
237
United Parcel Service
UPS
$88.9B
| $1.02M | 0.15% |
9,296
+147
| +2% | +$16.1K |
|
238
United Therapeutics
UTHR
$23.1B
| $1.01M | 0.15% |
8,580
+6,486
| +310% | +$779K |
|
239
Sysco
SYY
$40.3B
| $1.01M | 0.15% |
20,548
+123
| +0.6% | +$6.32K |
|
240
Alpha and Omega Semiconductor
AOSL
$1.08B
| $993K | 0.15% |
+45,740
| New | +$822K |
|
241
Helmerich & Payne
HP
$3.71B
| $978K | 0.14% |
14,531
+225
| +2% | +$14.1K |
|
|
TEN
242
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $970K | 0.14% |
16,642
+540
| +3% | +$29.5K |
|
|
KG
243
Kestrel Group
KG
$69M
| $966K | 0.14% |
+3,804
| New | +$1.01M |
|
|
AIV
244
Aimco
AIV
$383M
| $963K | 0.14% |
+157,523
| New | +$948K |
|
245
Magnite
MGNI
$3.55B
| $951K | 0.14% |
+114,797
| New | +$1.22M |
|
246
O-I Glass
OI
$1.08B
| $939K | 0.14% |
+51,041
| New | +$926K |
|
|
RRD
247
DELISTED
RR Donnelley & Sons Co.
RRD
| $936K | 0.14% |
+19,854
| New | +$1.02M |
|
248
HUB Group
HUBG
$2.92B
| $925K | 0.14% |
45,406
-9,934
| -18% | -$202K |
|
|
NSR
249
DELISTED
Neustar Inc
NSR
| $876K | 0.13% |
+32,936
| New | +$823K |
|
250
Hewlett Packard
HPE
$70.5B
| $861K | 0.13% |
+65,101
| New | +$804K |
|
Similar funds
MWA
SFP
ECM
NRG
HW
LAM
BGIM
CIA
Convergence Investment Partners's Q3 2016 Portfolio in Review
As of Q3 2016, Convergence Investment Partners held 435 positions worth $678M, down 6.7% from $727M the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Convergence Investment Partners withdrew a net $82.3M in Q3 2016, closing 111 positions and reducing 120 holdings. Its most notable exit was Leidos, an estimated $5.48M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Technology and Industrials.
Against the trend, Convergence Investment Partners opened a new position in Cardtronics plc Class A Ordinary Shares (UK) worth $5.11M.
- Convergence Investment Partners's largest Q3 2016 buy was Cardtronics plc Class A Ordinary Shares (UK): 114,485 shares worth $5.11M.
- Convergence Investment Partners added most to Pfizer in Q3 2016, an estimated $6.36M increase.
- Convergence Investment Partners's biggest Q3 2016 reduction was Gilead Sciences, cutting an estimated $4.77M.
- Convergence Investment Partners fully exited Leidos in Q3 2016, selling an estimated $5.48M.
- Convergence Investment Partners's ten largest holdings make up 13% of its $678M portfolio in Q3 2016.
- Convergence Investment Partners opened 127 new positions and closed 111 in Q3 2016.
- Convergence Investment Partners's portfolio value fell 6.7% quarter-over-quarter to $678M.
Based on Convergence Investment Partners's 13F filing for Q3 2016, filed 10 Nov 2016.