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
-5.57%
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
$871M
AUM Growth
-$143M
(-14%)
Cap. Flow
-$78.6M
Cap. Flow
% of AUM
-9.02%
Top 10 Holdings %
Top 10 Hldgs %
13.99%
Holding
472
New
123
Increased
89
Reduced
119
Closed
139
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
DF
Dean Foods Company
DF
|
+$8.14M |
| 2 |
Oracle
ORCL
|
+$8M |
| 3 |
CME Group
CME
|
+$6.78M |
| 4 |
LXP Industrial Trust
LXP
|
+$6.44M |
| 5 |
MDRX
Veradigm Inc. Common Stock
MDRX
|
+$6.42M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$14.9M |
| 2 |
Boeing
BA
|
+$9.95M |
| 3 |
Biogen
BIIB
|
+$9.78M |
| 4 |
State Street
STT
|
+$9.14M |
| 5 |
IBM
IBM
|
+$8.95M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.7% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 12.69% |
| 4 | Consumer Discretionary | 12.16% |
| 5 | Industrials | 11.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
International Bancshares
IBOC
$4.57B
| – | – |
-111,234
| Closed | -$2.99M |
|
377
IDT Corp
IDT
$1.62B
| – | – |
-31,057
| Closed | -$397K |
|
378
Incyte
INCY
$24.4B
| – | – |
-15,360
| Closed | -$1.6M |
|
379
Jack in the Box
JACK
$335M
| – | – |
-19,170
| Closed | -$1.69M |
|
380
Kohl's
KSS
$2.19B
| – | – |
-60,807
| Closed | -$3.81M |
|
381
Lumen
LUMN
$6.44B
| – | – |
-23,726
| Closed | -$697K |
|
382
Mastercard
MA
$493B
| – | – |
-62,379
| Closed | -$5.83M |
|
383
McKesson
MCK
$101B
| – | – |
-1,061
| Closed | -$239K |
|
384
MiMedx Group
MDXG
$633M
| – | – |
-201,826
| Closed | -$2.34M |
|
385
Mizuho Financial
MFG
$130B
| – | – |
-18,685
| Closed | -$81K |
|
386
Vail Resorts
MTN
$5.3B
| – | – |
-13,638
| Closed | -$1.49M |
|
387
Murphy USA
MUSA
$9.61B
| – | – |
-29,150
| Closed | -$1.63M |
|
388
Vitamin Cottage Natural Grocers
NGVC
$654M
| – | – |
-20,240
| Closed | -$498K |
|
389
Nomura Holdings
NMR
$29.1B
| – | – |
-10,825
| Closed | -$73K |
|
390
NNN REIT
NNN
$8.99B
| – | – |
-71,810
| Closed | -$2.51M |
|
391
Insperity
NSP
$2.01B
| – | – |
-63,164
| Closed | -$1.61M |
|
392
News Corp Class A
NWSA
$15.4B
| – | – |
-52,365
| Closed | -$764K |
|
393
Pacira BioSciences
PCRX
$997M
| – | – |
-3,406
| Closed | -$241K |
|
394
Parker-Hannifin
PH
$135B
| – | – |
-19,762
| Closed | -$2.3M |
|
|
PPL
395
PPL Corp
PPL
$26.7B
| – | – |
-82,987
| Closed | -$2.45M |
|
396
Qualys
QLYS
$6.35B
| – | – |
-62,994
| Closed | -$2.54M |
|
397
REX American Resources
REX
$1.41B
| – | – |
-114,192
| Closed | -$1.21M |
|
398
Reinsurance Group of America
RGA
$16.1B
| – | – |
-23,905
| Closed | -$2.27M |
|
399
Rambus
RMBS
$11B
| – | – |
-166,410
| Closed | -$2.41M |
|
400
RTX Corp
RTX
$301B
| – | – |
-107,292
| Closed | -$7.49M |
|
Similar funds
MWA
SFP
ECM
NRG
HW
LAM
BGIM
CIA
Convergence Investment Partners's Q3 2015 Portfolio in Review
As of Q3 2015, Convergence Investment Partners held 472 positions worth $871M, down 14% from $1.01B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Convergence Investment Partners withdrew a net $78.6M in Q3 2015, closing 139 positions and reducing 119 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $14.9M position sold in full.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Convergence Investment Partners opened a new position in Dean Foods Company worth $7.87M.
- Convergence Investment Partners's largest Q3 2015 buy was Dean Foods Company: 476,476 shares worth $7.87M.
- Convergence Investment Partners added most to Oracle in Q3 2015, an estimated $8M increase.
- Convergence Investment Partners's biggest Q3 2015 reduction was IBM, cutting an estimated $8.95M.
- Convergence Investment Partners fully exited Alphabet (Google) Class C in Q3 2015, selling an estimated $14.9M.
- Convergence Investment Partners's ten largest holdings make up 14% of its $871M portfolio in Q3 2015.
- Convergence Investment Partners opened 123 new positions and closed 139 in Q3 2015.
- Convergence Investment Partners's portfolio value fell 14% quarter-over-quarter to $871M.
Based on Convergence Investment Partners's 13F filing for Q3 2015, filed 16 Nov 2015.