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
+4.96%
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
$414M
AUM Growth
-$44.2M
(-9.7%)
Cap. Flow
-$55.4M
Cap. Flow
% of AUM
-13.39%
Top 10 Holdings %
Top 10 Hldgs %
15.17%
Holding
412
New
108
Increased
72
Reduced
114
Closed
116
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lockheed Martin
LMT
|
+$2.43M |
| 2 |
Intuit
INTU
|
+$2.21M |
| 3 |
Cadence Design Systems
CDNS
|
+$2.05M |
| 4 |
Sinclair Inc
SBGI
|
+$2.01M |
| 5 |
Delek US
DK
|
+$1.96M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$3.95M |
| 2 |
JPMorgan Chase
JPM
|
+$3.64M |
| 3 |
Walt Disney
DIS
|
+$3.14M |
| 4 |
Pfizer
PFE
|
+$2.63M |
| 5 |
Microsoft
MSFT
|
+$2.51M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.46% |
| 2 | Financials | 16.39% |
| 3 | Healthcare | 13.02% |
| 4 | Industrials | 11% |
| 5 | Consumer Discretionary | 8.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Lear
LEA
$8.18B
| – | – |
-6,664
| Closed | -$904K |
|
352
Lincoln National
LNC
$8.81B
| – | – |
-21,377
| Closed | -$1.25M |
|
353
Louisiana-Pacific
LPX
$5.49B
| – | – |
-10,114
| Closed | -$247K |
|
354
Mueller Industries
MLI
$15.2B
| – | – |
-25,304
| Closed | -$198K |
|
355
Molina Healthcare
MOH
$10.3B
| – | – |
-7,671
| Closed | -$1.09M |
|
356
The Mosaic Company
MOS
$7.33B
| – | – |
-41,591
| Closed | -$1.14M |
|
357
Marathon Petroleum
MPC
$83.7B
| – | – |
-39,878
| Closed | -$2.39M |
|
358
Matrix Service
MTRX
$335M
| – | – |
-12,058
| Closed | -$236K |
|
359
NeoGenomics
NEO
$2.13B
| – | – |
-8,647
| Closed | -$177K |
|
360
NRG Energy
NRG
$24.8B
| – | – |
-22,329
| Closed | -$949K |
|
361
NVIDIA
NVDA
$5.42T
| – | – |
-47,000
| Closed | -$211K |
|
362
Olin
OLN
$2.12B
| – | – |
-52,850
| Closed | -$1.22M |
|
363
Onto Innovation
ONTO
$15.3B
| – | – |
-10,760
| Closed | -$332K |
|
364
Prosperity Bancshares
PB
$8.89B
| – | – |
-7,373
| Closed | -$509K |
|
365
Preferred Bank
PFBC
$1.25B
| – | – |
-3,084
| Closed | -$139K |
|
366
Parker-Hannifin
PH
$135B
| – | – |
-7,363
| Closed | -$1.26M |
|
367
Portland General Electric
POR
$5.77B
| – | – |
-8,228
| Closed | -$427K |
|
368
Post Holdings
POST
$3.57B
| – | – |
-23,765
| Closed | -$1.7M |
|
369
Progress Software
PRGS
$1.76B
| – | – |
-9,000
| Closed | -$399K |
|
370
Robert Half
RHI
$4.37B
| – | – |
-13,739
| Closed | -$895K |
|
371
Regal Rexnord
RRX
$11.9B
| – | – |
-4,583
| Closed | -$375K |
|
372
Sabre
SABR
$835M
| – | – |
-95,798
| Closed | -$2.05M |
|
373
Sabra Healthcare REIT
SBRA
$5.37B
| – | – |
-93,165
| Closed | -$1.81M |
|
374
Scansource
SCSC
$1.12B
| – | – |
-7,295
| Closed | -$261K |
|
375
SIGA Technologies
SIGA
$219M
| – | – |
-24,570
| Closed | -$148K |
|
Similar funds
MWA
SFP
ECM
NRG
HW
LAM
BGIM
CIA
Convergence Investment Partners's Q2 2019 Portfolio in Review
As of Q2 2019, Convergence Investment Partners held 412 positions worth $414M, down 9.7% from $458M the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Convergence Investment Partners withdrew a net $55.4M in Q2 2019, closing 116 positions and reducing 114 holdings. Its most notable exit was Marathon Petroleum, an estimated $2.39M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Convergence Investment Partners opened a new position in Intuit worth $2.27M.
- Convergence Investment Partners's largest Q2 2019 buy was Intuit: 8,700 shares worth $2.27M.
- Convergence Investment Partners added most to Lockheed Martin in Q2 2019, an estimated $2.43M increase.
- Convergence Investment Partners's biggest Q2 2019 reduction was Honeywell, cutting an estimated $3.95M.
- Convergence Investment Partners fully exited Marathon Petroleum in Q2 2019, selling an estimated $2.39M.
- Convergence Investment Partners's ten largest holdings make up 15% of its $414M portfolio in Q2 2019.
- Convergence Investment Partners opened 108 new positions and closed 116 in Q2 2019.
- Convergence Investment Partners's portfolio value fell 9.7% quarter-over-quarter to $414M.
Based on Convergence Investment Partners's 13F filing for Q2 2019, filed 23 Jul 2019.