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
+9.38%
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
$352M
AUM Growth
-$7.27M
Cap. Flow
-$33.5M
Cap. Flow %
-9.51%
Top 10 Hldgs %
17.35%
Holding
345
New
51
Increased
46
Reduced
123
Closed
123

Top Buys

Rank Stock Value
1
TNL icon
Travel + Leisure Co
TNL
+$2.66M
2
GIS icon
General Mills
GIS
+$2.22M
3
WHR icon
Whirlpool
WHR
+$2.13M
4
LYB icon
LyondellBasell Industries
LYB
+$1.7M
5
META icon
Meta Platforms (Facebook)
META
+$1.62M

Top Sells

Rank Stock Value
1
SBUX icon
Starbucks
SBUX
+$2.48M
2
GRMN
Garmin
GRMN
+$2.2M
3
PDM
Piedmont Realty Trust
PDM
+$1.9M
4
IPG
Interpublic Group of Companies
IPG
+$1.55M
5
MANH icon
Manhattan Associates
MANH
+$1.55M

Sector Composition

Rank Sector Weight
1 Financials 17.41%
2 Technology 16.67%
3 Healthcare 13.01%
4 Consumer Discretionary 9.23%
5 Industrials 9.16%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RPM icon
301
RPM International
RPM
$15B
– –
-12,311
Closed -$847K
SANM icon
302
Sanmina
SANM
$10.9B
– –
-4,998
Closed -$160K
SBGI icon
303
Sinclair Inc
SBGI
$1.03B
– –
-35,435
Closed -$1.51M
SCL icon
304
Stepan Co
SCL
$1.48B
– –
-1,159
Closed -$112K
SIGI icon
305
Selective Insurance
SIGI
$5.73B
– –
-2,511
Closed -$189K
SMG icon
306
ScottsMiracle-Gro
SMG
$3.66B
– –
-8,305
Closed -$846K
SNBR
307
DELISTED
Sleep Number
SNBR
– –
-2,900
Closed -$120K
SNEX icon
308
StoneX
SNEX
$7.94B
– –
-16,129
Closed -$131K
SWX icon
309
Southwest Gas
SWX
$6.67B
– –
-15,416
Closed -$1.4M
THO icon
310
Thor Industries
THO
$4.14B
– –
-2,685
Closed -$152K
TNDM icon
311
Tandem Diabetes Care
TNDM
$1.56B
– –
-2,655
Closed -$157K
TTEC icon
312
TTEC Holdings
TTEC
$124M
– –
-12,638
Closed -$605K
UNF icon
313
Unifirst Corp
UNF
$5.25B
– –
-4,776
Closed -$932K
UNIT
314
Uniti Group
UNIT
$2.32B
– –
-20,206
Closed -$157K
VCYT icon
315
Veracyte
VCYT
$3.8B
– –
-5,918
Closed -$142K
VEEV icon
316
Veeva Systems
VEEV
$37.4B
– –
-7,721
Closed -$1.18M
VMC icon
317
Vulcan Materials
VMC
$36.9B
– –
-6,136
Closed -$928K
VNO icon
318
Vornado Realty Trust
VNO
$7.38B
– –
-15,168
Closed -$966K
VRE
319
DELISTED
Veris Residential
VRE
– –
-7,502
Closed -$162K
VRNT
320
DELISTED
Verint Systems
VRNT
– –
-6,458
Closed -$141K
VYGR icon
321
Voyager Therapeutics
VYGR
$201M
– –
-5,337
Closed -$92K
WAL icon
322
Western Alliance Bancorporation
WAL
$8.87B
– –
-3,555
Closed -$164K
WK icon
323
Workiva
WK
$3.54B
– –
-3,952
Closed -$173K
WOR icon
324
Worthington Enterprises
WOR
$2.86B
– –
-38,917
Closed -$865K
JBTM
325
JBT Marel
JBTM
$6.39B
– –
-1,477
Closed -$147K
10 11 12
13
14

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 Q4 2019 Portfolio in Review

As of Q4 2019, Convergence Investment Partners held 345 positions worth $352M, down 2% from $359M the previous quarter. Its ten largest holdings account for 17% of the portfolio.

Convergence Investment Partners withdrew a net $33.5M in Q4 2019, closing 123 positions and reducing 123 holdings. Its most notable exit was Garmin, an estimated $2.2M position sold in full.

By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Convergence Investment Partners opened a new position in Travel + Leisure Co worth $2.88M.

  • Convergence Investment Partners's largest Q4 2019 buy was Travel + Leisure Co: 55,656 shares worth $2.88M.
  • Convergence Investment Partners added most to Meta Platforms (Facebook) in Q4 2019, an estimated $1.62M increase.
  • Convergence Investment Partners's biggest Q4 2019 reduction was Starbucks, cutting an estimated $2.48M.
  • Convergence Investment Partners fully exited Garmin in Q4 2019, selling an estimated $2.2M.
  • Convergence Investment Partners's ten largest holdings make up 17% of its $352M portfolio in Q4 2019.
  • Convergence Investment Partners opened 51 new positions and closed 123 in Q4 2019.
  • Convergence Investment Partners's portfolio value fell 2% quarter-over-quarter to $352M.

Based on Convergence Investment Partners's 13F filing for Q4 2019, filed 22 Jan 2020.