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
+5.31%
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
$170M
AUM Growth
+$1.25M
(+0.74%)
Cap. Flow
-$2.53M
Cap. Flow
% of AUM
-1.49%
Top 10 Holdings %
Top 10 Hldgs %
23.51%
Holding
242
New
37
Increased
60
Reduced
79
Closed
65
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Newmont
NEM
|
+$1.45M |
| 2 |
State Street
STT
|
+$1.29M |
| 3 |
Public Storage
PSA
|
+$1.25M |
| 4 |
WBA
Walgreens Boots Alliance
WBA
|
+$1.22M |
| 5 |
Simon Property Group
SPG
|
+$1.19M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KeyCorp
KEY
|
+$1.28M |
| 2 |
JNPR
Juniper Networks
JNPR
|
+$1.24M |
| 3 |
Synchrony
SYF
|
+$1.04M |
| 4 |
Chemours
CC
|
+$992K |
| 5 |
Extra Space Storage
EXR
|
+$952K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.58% |
| 2 | Healthcare | 16.58% |
| 3 | Financials | 14.23% |
| 4 | Consumer Discretionary | 8.61% |
| 5 | Consumer Staples | 8.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Parsons
PSN
$4.93B
| – | – |
-3,429
| Closed | -$159K |
|
227
PayPal
PYPL
$50.5B
| – | – |
-6,650
| Closed | -$474K |
|
228
RLI Corp
RLI
$5.83B
| – | – |
-1,890
| Closed | -$124K |
|
229
RTX Corp
RTX
$302B
| – | – |
-2,032
| Closed | -$205K |
|
|
SCHW
230
Charles Schwab
SCHW
$188B
| – | – |
-2,907
| Closed | -$242K |
|
231
Shoals Technologies Group
SHLS
$1.44B
| – | – |
-5,076
| Closed | -$125K |
|
232
SLB Ltd
SLB
$78.9B
| – | – |
-4,408
| Closed | -$236K |
|
233
SLM Corp
SLM
$5.14B
| – | – |
-13,023
| Closed | -$216K |
|
234
Synopsys
SNPS
$78.8B
| – | – |
-1,184
| Closed | -$378K |
|
235
Sonos
SONO
$1.83B
| – | – |
-5,059
| Closed | -$85.5K |
|
|
236
Synchrony
SYF
$25.4B
| – | – |
-31,557
| Closed | -$1.04M |
|
|
THS
237
DELISTED
Treehouse Foods
THS
| – | – |
-5,149
| Closed | -$254K |
|
238
Travelers Companies
TRV
$78.3B
| – | – |
-1,732
| Closed | -$325K |
|
239
Whirlpool
WHR
$2.75B
| – | – |
-5,774
| Closed | -$817K |
|
|
CNR
240
Core Natural Resources Inc
CNR
$4.67B
| – | – |
-1,962
| Closed | -$128K |
|
|
EQC
241
DELISTED
Equity Commonwealth
EQC
| – | – |
-4,658
| Closed | -$116K |
|
|
WIRE
242
DELISTED
Encore Wire Corp
WIRE
| – | – |
-1,391
| Closed | -$191K |
|
Similar funds
MWA
ECM
NRG
LAM
BGIM
CIA
AA
LPC
Convergence Investment Partners's Q1 2023 Portfolio in Review
As of Q1 2023, Convergence Investment Partners held 242 positions worth $170M, up 0.74% from $169M the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Convergence Investment Partners's Q1 2023 filing shows 37 new, 60 increased, 79 reduced and 65 closed positions. Its largest new stake was Newmont: 30,004 shares worth $1.47M. The largest sale was KeyCorp, an estimated $1.28M.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 19% a quarter earlier, followed by Healthcare and Financials.
- Convergence Investment Partners's largest Q1 2023 buy was Newmont: 30,004 shares worth $1.47M.
- Convergence Investment Partners added most to Qualcomm in Q1 2023, an estimated $629K increase.
- Convergence Investment Partners's biggest Q1 2023 reduction was General Dynamics, cutting an estimated $719K.
- Convergence Investment Partners fully exited KeyCorp in Q1 2023, selling an estimated $1.28M.
- Convergence Investment Partners's ten largest holdings make up 24% of its $170M portfolio in Q1 2023.
- Convergence Investment Partners opened 37 new positions and closed 65 in Q1 2023.
- Convergence Investment Partners's portfolio value rose 0.74% quarter-over-quarter to $170M.
Based on Convergence Investment Partners's 13F filing for Q1 2023, filed 9 May 2023.