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CIP

Convergence Investment Partners Portfolio holdings

AUM $1.06B
1-Year Est. Return 87.75%
This Fund
S&P 500
This Quarter Est. Return
+1.15%
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
$186M
AUM Growth
-$46.3M
Cap. Flow
-$46.6M
Cap. Flow %
-25.01%
Top 10 Hldgs %
18.86%
Holding
277
New
31
Increased
44
Reduced
148
Closed
53

Top Buys

Rank Stock Value
1
NRG icon
NRG Energy
NRG
+$1.33M
2
MDU icon
MDU Resources
MDU
+$1.13M
3
BDN
Brandywine Realty Trust
BDN
+$1.1M
4
KO icon
Coca-Cola
KO
+$1.05M
5
ADSK icon
Autodesk
ADSK
+$480K

Top Sells

Rank Stock Value
1
CSCO icon
Cisco
CSCO
+$1.67M
2
BBY icon
Best Buy
BBY
+$1.67M
3
UPS icon
United Parcel Service
UPS
+$1.59M
4
MED icon
Medifast
MED
+$1.46M
5
AES icon
AES
AES
+$1.41M

Sector Composition

Rank Sector Weight
1 Technology 20.6%
2 Financials 17.22%
3 Healthcare 13.87%
4 Communication Services 9.97%
5 Consumer Discretionary 9.06%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MDC
276
DELISTED
M.D.C. Holdings, Inc.
MDC
– –
-24,084
Closed -$1.22M
MDRX
277
DELISTED
Veradigm Inc. Common Stock
MDRX
– –
-14,735
Closed -$273K
8 9 10 11
12

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NRG
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Convergence Investment Partners's Q3 2021 Portfolio in Review

As of Q3 2021, Convergence Investment Partners held 277 positions worth $186M, down 20% from $233M the previous quarter. Its ten largest holdings account for 19% of the portfolio.

Convergence Investment Partners withdrew a net $46.6M in Q3 2021, closing 53 positions and reducing 148 holdings. Its most notable exit was Best Buy, an estimated $1.67M position sold in full.

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

Against the trend, Convergence Investment Partners opened a new position in NRG Energy worth $1.28M.

  • Convergence Investment Partners's largest Q3 2021 buy was NRG Energy: 31,285 shares worth $1.28M.
  • Convergence Investment Partners added most to MDU Resources in Q3 2021, an estimated $1.13M increase.
  • Convergence Investment Partners's biggest Q3 2021 reduction was Cisco, cutting an estimated $1.67M.
  • Convergence Investment Partners fully exited Best Buy in Q3 2021, selling an estimated $1.67M.
  • Convergence Investment Partners's ten largest holdings make up 19% of its $186M portfolio in Q3 2021.
  • Convergence Investment Partners opened 31 new positions and closed 53 in Q3 2021.
  • Convergence Investment Partners's portfolio value fell 20% quarter-over-quarter to $186M.

Based on Convergence Investment Partners's 13F filing for Q3 2021, filed 25 Oct 2021.