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
+8.78%
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
$491M
AUM Growth
-$226M
Cap. Flow
-$269M
Cap. Flow %
-54.91%
Top 10 Hldgs %
15.08%
Holding
383
New
80
Increased
53
Reduced
172
Closed
78

Top Buys

Rank Stock Value
1
VZ icon
Verizon
VZ
+$3.53M
2
WBA
Walgreens Boots Alliance
WBA
+$3.41M
3
HST icon
Host Hotels & Resorts
HST
+$2.75M
4
CLGX
Corelogic, Inc.
CLGX
+$2.67M
5
QCOM icon
Qualcomm
QCOM
+$2.19M

Top Sells

Rank Stock Value
1
BA icon
Boeing
BA
+$7.05M
2
CA
CA, Inc.
CA
+$6.83M
3
T icon
AT&T
T
+$6.52M
4
CAT icon
Caterpillar
CAT
+$5.37M
5
GIS icon
General Mills
GIS
+$5.04M

Sector Composition

Rank Sector Weight
1 Financials 16.23%
2 Technology 15.94%
3 Healthcare 14.51%
4 Industrials 12.11%
5 Consumer Discretionary 9.3%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HLNE icon
251
Hamilton Lane
HLNE
$5.57B
$375K 0.08%
8,470
-13,513
-61% -$650K
FMBI
252
DELISTED
First Midwest Bancorp Inc/IL
FMBI
$364K 0.07%
13,686
-30,766
-69% -$822K
MA icon
253
Mastercard
MA
$493B
$360K 0.07%
1,617
+79
+5% +$16.5K
OFG icon
254
OFG Bancorp
OFG
$2.21B
$358K 0.07%
+22,153
New +$359K
CUBI icon
255
Customers Bancorp
CUBI
$2.77B
$349K 0.07%
+14,829
New +$384K
VSH icon
256
Vishay Intertechnology
VSH
$5.43B
$349K 0.07%
17,163
-27,787
-62% -$655K
PIPR icon
257
Piper Sandler
PIPR
$5.29B
$348K 0.07%
+18,228
New +$350K
TOWR
258
DELISTED
Tower International, Inc.
TOWR
$345K 0.07%
11,407
-10,377
-48% -$337K
MED icon
259
Medifast
MED
$141M
$344K 0.07%
1,553
-1,634
-51% -$331K
PGTI
260
DELISTED
PGT, Inc.
PGTI
$343K 0.07%
+15,887
New +$371K
ARCB icon
261
ArcBest
ARCB
$3.08B
$339K 0.07%
6,986
-8,925
-56% -$419K
LADR
262
Ladder Capital
LADR
$1.24B
$339K 0.07%
+20,041
New +$335K
CNR
263
DELISTED
Cornerstone Building Brands, Inc.
CNR
$337K 0.07%
22,252
-29,012
-57% -$484K
CY
264
DELISTED
Cypress Semiconductor
CY
$337K 0.07%
+23,278
New +$383K
EVTC icon
265
Evertec
EVTC
$1.78B
$333K 0.07%
+13,804
New +$327K
KMPR icon
266
Kemper
KMPR
$1.68B
$333K 0.07%
4,144
-5,004
-55% -$392K
VIAB
267
DELISTED
Viacom Inc. Class B
VIAB
$330K 0.07%
9,773
-108,234
-92% -$3.25M
CWEN icon
268
Clearway Energy Class C
CWEN
$6.7B
$329K 0.07%
+17,073
New +$326K
SAM icon
269
Boston Beer
SAM
$1.92B
$323K 0.07%
+1,124
New +$337K
ECHO
270
DELISTED
Echo Global Logistics, Inc.
ECHO
$317K 0.06%
10,257
-13,185
-56% -$429K
NXST icon
271
Nexstar Media Group
NXST
$5.97B
$314K 0.06%
+3,863
New +$304K
COST icon
272
Costco
COST
$420B
$311K 0.06%
1,324
+28
+2% +$6.31K
BTU icon
273
Peabody Energy
BTU
$2.9B
$309K 0.06%
+8,681
New +$372K
VNDA icon
274
Vanda Pharmaceuticals
VNDA
$302M
$287K 0.06%
+12,489
New +$255K
LOW icon
275
Lowe's Companies
LOW
$125B
$281K 0.06%
2,451
-107
-4% -$11.1K
9 10
11
12 13

Similar funds

MWA
Monograph Wealth Advisors Manhattan Beach, California $1.05B AUM 23.2% 1-Year Est. Return
SFP
Shepherd Financial Partners Winchester, Massachusetts $1.05B AUM 22.07% 1-Year Est. Return
ECM
Element Capital Management New York $1.05B AUM 5.05% 1-Year Est. Return
NRG
Nemes Rush Group Novi, Michigan $1.05B AUM 30.08% 1-Year Est. Return
HW
HORAN Wealth Cincinnati, Ohio $1.05B AUM 17.67% 1-Year Est. Return
LAM
L2 Asset Management Wayland, Massachusetts $1.05B AUM 29.07% 1-Year Est. Return
BGIM
Boussard & Gavaudan Investment Management London, United Kingdom $1.06B AUM 4.58% 1-Year Est. Return
CIA
Compass Ion Advisors Conshohocken, Pennsylvania $1.05B AUM 16.28% 1-Year Est. Return

Convergence Investment Partners's Q3 2018 Portfolio in Review

As of Q3 2018, Convergence Investment Partners held 383 positions worth $491M, down 32% from $716M the previous quarter. Its ten largest holdings account for 15% of the portfolio.

Convergence Investment Partners withdrew a net $269M in Q3 2018, closing 78 positions and reducing 172 holdings. Its most notable exit was General Mills, an estimated $5.04M 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 Healthcare.

Against the trend, Convergence Investment Partners opened a new position in Host Hotels & Resorts worth $2.74M.

  • Convergence Investment Partners's largest Q3 2018 buy was Host Hotels & Resorts: 129,810 shares worth $2.74M.
  • Convergence Investment Partners added most to Verizon in Q3 2018, an estimated $3.53M increase.
  • Convergence Investment Partners's biggest Q3 2018 reduction was Boeing, cutting an estimated $7.05M.
  • Convergence Investment Partners fully exited General Mills in Q3 2018, selling an estimated $5.04M.
  • Convergence Investment Partners's ten largest holdings make up 15% of its $491M portfolio in Q3 2018.
  • Convergence Investment Partners opened 80 new positions and closed 78 in Q3 2018.
  • Convergence Investment Partners's portfolio value fell 32% quarter-over-quarter to $491M.

Based on Convergence Investment Partners's 13F filing for Q3 2018, filed 13 Nov 2018.