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
-10.17%
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
$165M
AUM Growth
-$28.7M
Cap. Flow
-$6.44M
Cap. Flow %
-3.89%
Top 10 Hldgs %
20.5%
Holding
254
New
42
Increased
71
Reduced
89
Closed
52

Top Buys

Rank Stock Value
1
KMB icon
Kimberly-Clark
KMB
+$2.2M
2
NSA
National Storage Affiliates Trust
NSA
+$1.32M
3
USB icon
US Bancorp
USB
+$1.29M
4
UNM icon
Unum
UNM
+$1.17M
5
BNY
Bank of New York Mellon
BNY
+$1.05M

Top Sells

Rank Stock Value
1
PG icon
Procter & Gamble
PG
+$1.69M
2
SPG icon
Simon Property Group
SPG
+$1.55M
3
CMI icon
Cummins
CMI
+$1.17M
4
BAC icon
Bank of America
BAC
+$1.08M
5
FNF icon
Fidelity National Financial
FNF
+$992K

Sector Composition

Rank Sector Weight
1 Technology 19.48%
2 Healthcare 16.87%
3 Financials 15.66%
4 Consumer Staples 8.79%
5 Communication Services 8.36%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SPG icon
251
Simon Property Group
SPG
$72.3B
– –
-11,787
Closed -$1.55M
TRV icon
252
Travelers Companies
TRV
$80.2B
– –
-1,129
Closed -$206K
WBA
253
DELISTED
Walgreens Boots Alliance
WBA
– –
-5,333
Closed -$239K
WH icon
254
Wyndham Hotels & Resorts
WH
$5.48B
– –
-1,653
Closed -$140K
7 8 9 10
11

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 Q2 2022 Portfolio in Review

As of Q2 2022, Convergence Investment Partners held 254 positions worth $165M, down 15% from $194M the previous quarter. Its ten largest holdings account for 21% of the portfolio.

Convergence Investment Partners withdrew a net $6.44M in Q2 2022, closing 52 positions and reducing 89 holdings. Its most notable exit was Simon Property Group, an estimated $1.55M position sold in full.

By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 21% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Convergence Investment Partners opened a new position in Kimberly-Clark worth $2.26M.

  • Convergence Investment Partners's largest Q2 2022 buy was Kimberly-Clark: 16,702 shares worth $2.26M.
  • Convergence Investment Partners added most to US Bancorp in Q2 2022, an estimated $1.29M increase.
  • Convergence Investment Partners's biggest Q2 2022 reduction was Procter & Gamble, cutting an estimated $1.69M.
  • Convergence Investment Partners fully exited Simon Property Group in Q2 2022, selling an estimated $1.55M.
  • Convergence Investment Partners's ten largest holdings make up 21% of its $165M portfolio in Q2 2022.
  • Convergence Investment Partners opened 42 new positions and closed 52 in Q2 2022.
  • Convergence Investment Partners's portfolio value fell 15% quarter-over-quarter to $165M.

Based on Convergence Investment Partners's 13F filing for Q2 2022, filed 5 Aug 2022.