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
+4.24%
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
$720M
AUM Growth
-$26.9M
Cap. Flow
-$44.5M
Cap. Flow %
-6.17%
Top 10 Hldgs %
11.03%
Holding
470
New
120
Increased
125
Reduced
110
Closed
112

Top Buys

Rank Stock Value
1
WCG
Wellcare Health Plans, Inc.
WCG
+$4.58M
2
IVV icon
iShares Core S&P 500 ETF
IVV
+$4.34M
3
MRK icon
Merck
MRK
+$4.27M
4
C icon
Citigroup
C
+$3.83M
5
STT icon
State Street
STT
+$3.81M

Top Sells

Rank Stock Value
1
ORCL icon
Oracle
ORCL
+$7.97M
2
MS icon
Morgan Stanley
MS
+$6.89M
3
PSX icon
Phillips 66
PSX
+$5.71M
4
HPQ icon
HP
HPQ
+$5.4M
5
JPM icon
JPMorgan Chase
JPM
+$4.64M

Sector Composition

Rank Sector Weight
1 Technology 14.77%
2 Financials 14.29%
3 Healthcare 12.04%
4 Industrials 11.67%
5 Consumer Discretionary 9.63%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ABEV icon
351
Ambev
ABEV
$46.4B
$88K 0.01%
15,279
+1,963
+15% +$12.2K
NOK icon
352
Nokia
NOK
$52.3B
$77K 0.01%
10,182
-1,288
-11% -$10.1K
NMR icon
353
Nomura Holdings
NMR
$29.1B
$76K 0.01%
12,986
+509
+4% +$2.91K
MFG icon
354
Mizuho Financial
MFG
$130B
$63K 0.01%
17,640
+7,010
+66% +$24.6K
AEP icon
355
American Electric Power
AEP
$68.4B
– –
-20,692
Closed -$1.26M
AIZ icon
356
Assurant
AIZ
$14.3B
– –
-43,520
Closed -$2.98M
ALB icon
357
Albemarle
ALB
$15.5B
– –
-51,038
Closed -$3.07M
AZN icon
358
AstraZeneca
AZN
$250B
– –
-2,967
Closed -$209K
BIIB icon
359
Biogen
BIIB
$30.7B
– –
-10,247
Closed -$3.48M
BTI icon
360
British American Tobacco
BTI
$128B
– –
-3,790
Closed -$204K
CLW icon
361
Clearwater Paper
CLW
$376M
– –
-15,114
Closed -$1.04M
CMG icon
362
Chipotle Mexican Grill
CMG
$41.5B
– –
-99,000
Closed -$1.35M
CNK icon
363
Cinemark Holdings
CNK
$4.32B
– –
-10,498
Closed -$374K
CTAS icon
364
Cintas
CTAS
$81.3B
– –
-60,160
Closed -$1.18M
CTSH icon
365
Cognizant
CTSH
$26B
– –
-20,035
Closed -$1.05M
DAL icon
366
Delta Air Lines
DAL
$60.1B
– –
-50,868
Closed -$2.5M
DG icon
367
Dollar General
DG
$27.9B
– –
-38,551
Closed -$2.73M
DOV icon
368
Dover
DOV
$28.4B
– –
-20,816
Closed -$1.21M
EG icon
369
Everest Group
EG
$14.4B
– –
-9,609
Closed -$1.64M
EMN icon
370
Eastman Chemical
EMN
$8.42B
– –
-34,255
Closed -$2.6M
EPAM icon
371
EPAM Systems
EPAM
$5.03B
– –
-34,550
Closed -$1.65M
EPR icon
372
EPR Properties
EPR
$4.77B
– –
-14,378
Closed -$829K
EW icon
373
Edwards Lifesciences
EW
$51.7B
– –
-78,540
Closed -$1.67M
EXC icon
374
Exelon
EXC
$47B
– –
-93,202
Closed -$2.46M
EXPE icon
375
Expedia Group
EXPE
$37.3B
– –
-35,933
Closed -$3.07M
13 14
15
16 17

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 Q1 2015 Portfolio in Review

As of Q1 2015, Convergence Investment Partners held 470 positions worth $720M, down 3.6% from $747M the previous quarter. Its ten largest holdings account for 11% of the portfolio.

Convergence Investment Partners withdrew a net $44.5M in Q1 2015, closing 112 positions and reducing 110 holdings. Its most notable exit was Morgan Stanley, an estimated $6.89M position sold in full.

By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.

Against the trend, Convergence Investment Partners opened a new position in Wellcare Health Plans, Inc. worth $5.02M.

  • Convergence Investment Partners's largest Q1 2015 buy was Wellcare Health Plans, Inc.: 54,893 shares worth $5.02M.
  • Convergence Investment Partners added most to Merck in Q1 2015, an estimated $4.27M increase.
  • Convergence Investment Partners's biggest Q1 2015 reduction was Oracle, cutting an estimated $7.97M.
  • Convergence Investment Partners fully exited Morgan Stanley in Q1 2015, selling an estimated $6.89M.
  • Convergence Investment Partners's ten largest holdings make up 11% of its $720M portfolio in Q1 2015.
  • Convergence Investment Partners opened 120 new positions and closed 112 in Q1 2015.
  • Convergence Investment Partners's portfolio value fell 3.6% quarter-over-quarter to $720M.

Based on Convergence Investment Partners's 13F filing for Q1 2015, filed 1 May 2015.