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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
+6.3%
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
$716M
AUM Growth
-$51.2M
Cap. Flow
-$79M
Cap. Flow %
-11.03%
Top 10 Hldgs %
14.13%
Holding
1,098
New
59
Increased
131
Reduced
112
Closed
794

Top Buys

Rank Stock Value
1
SYNT
Syntel Inc
SYNT
+$5.46M
2
THC icon
Tenet Healthcare
THC
+$4.51M
3
CA
CA, Inc.
CA
+$4.33M
4
INTC icon
Intel
INTC
+$4.14M
5
VST icon
Vistra
VST
+$4.05M

Top Sells

Rank Stock Value
1
YELP icon
Yelp
YELP
+$6.14M
2
TVPT
Travelport Worldwide Limited
TVPT
+$4.98M
3
NFG icon
National Fuel Gas
NFG
+$4.85M
4
VRNT
Verint Systems
VRNT
+$4.74M
5
PCH
PotlatchDeltic
PCH
+$4.63M

Sector Composition

Rank Sector Weight
1 Technology 16.62%
2 Financials 16.09%
3 Healthcare 13.49%
4 Industrials 11.41%
5 Consumer Discretionary 10.59%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AVT icon
351
Avnet
AVT
$7.92B
– –
-229
Closed -$10K
AVY icon
352
Avery Dennison
AVY
$13.4B
– –
-19
Closed -$2K
AWK icon
353
American Water Works
AWK
$26.9B
– –
-11
Closed -$1K
DCH
354
Dauch Corp
DCH
$1.51B
– –
-429
Closed -$7K
AZN icon
355
AstraZeneca
AZN
$250B
– –
-274
Closed -$19K
AZO icon
356
AutoZone
AZO
$51.1B
– –
-69
Closed -$45K
AZUL
357
DELISTED
Azul
AZUL
– –
-87
Closed -$3K
BABA icon
358
Alibaba
BABA
$308B
– –
-211
Closed -$39K
BAH icon
359
Booz Allen Hamilton
BAH
$9.15B
– –
-80
Closed -$3K
BALL icon
360
Ball Corp
BALL
$16.8B
– –
-109
Closed -$4K
BANF icon
361
BancFirst
BANF
$3.8B
– –
-11,269
Closed -$598K
BAP icon
362
Credicorp
BAP
$30.7B
– –
-11
Closed -$2K
BAX icon
363
Baxter International
BAX
$14.2B
– –
-1,376
Closed -$89K
BBD icon
364
Banco Bradesco
BBD
$36.7B
– –
-861
Closed -$6K
BBVA icon
365
Banco Bilbao Vizcaya Argentaria
BBVA
$156B
– –
-1,232
Closed -$10K
BBWI icon
366
Bath & Body Works
BBWI
$4.1B
– –
-607
Closed -$19K
BCE icon
367
BCE
BCE
$21.2B
– –
-102
Closed -$4K
BCH icon
368
Banco de Chile
BCH
$20.9B
– –
-31
Closed -$1K
BCO icon
369
Brink's
BCO
$4.62B
– –
-34
Closed -$2K
BCS icon
370
Barclays
BCS
$94.1B
– –
-787
Closed -$9K
BDC icon
371
Belden
BDC
$5.19B
– –
-40
Closed -$3K
BDX icon
372
Becton Dickinson
BDX
$48.2B
– –
-525
Closed -$111K
BEN icon
373
Franklin Resources
BEN
$17.2B
– –
-1,129
Closed -$39K
BF.B icon
374
Brown-Forman Class B
BF.B
$13.1B
– –
-37
Closed -$2K
BG icon
375
Bunge Global
BG
$20.8B
– –
-500
Closed -$37K
13 14
15
16 17

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LAM
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Convergence Investment Partners's Q2 2018 Portfolio in Review

As of Q2 2018, Convergence Investment Partners held 1,098 positions worth $716M, down 6.7% from $768M the previous quarter. Its ten largest holdings account for 14% of the portfolio.

Convergence Investment Partners withdrew a net $79M in Q2 2018, closing 794 positions and reducing 112 holdings. Its most notable exit was Yelp, an estimated $6.14M position sold in full.

By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.

Against the trend, Convergence Investment Partners opened a new position in Syntel Inc worth $5.86M.

  • Convergence Investment Partners's largest Q2 2018 buy was Syntel Inc: 182,703 shares worth $5.86M.
  • Convergence Investment Partners added most to Tenet Healthcare in Q2 2018, an estimated $4.51M increase.
  • Convergence Investment Partners's biggest Q2 2018 reduction was Bread Financial, cutting an estimated $3.96M.
  • Convergence Investment Partners fully exited Yelp in Q2 2018, selling an estimated $6.14M.
  • Convergence Investment Partners's ten largest holdings make up 14% of its $716M portfolio in Q2 2018.
  • Convergence Investment Partners opened 59 new positions and closed 794 in Q2 2018.
  • Convergence Investment Partners's portfolio value fell 6.7% quarter-over-quarter to $716M.

Based on Convergence Investment Partners's 13F filing for Q2 2018, filed 7 Aug 2018.