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
+5.8%
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
$758M
AUM Growth
+$100M
(+15%)
Cap. Flow
+$68.7M
Cap. Flow
% of AUM
9.07%
Top 10 Holdings %
Top 10 Hldgs %
17.03%
Holding
485
New
121
Increased
139
Reduced
97
Closed
121
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ConocoPhillips
COP
|
+$7.08M |
| 2 |
Citigroup
C
|
+$5.65M |
| 3 |
Walt Disney
DIS
|
+$4.81M |
| 4 |
3M
MMM
|
+$4.73M |
| 5 |
Oracle
ORCL
|
+$4.68M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chevron
CVX
|
+$7.03M |
| 2 |
Bank of America
BAC
|
+$6.58M |
| 3 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$6.23M |
| 4 |
Lockheed Martin
LMT
|
+$5.12M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$4.77M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.35% |
| 2 | Financials | 13.45% |
| 3 | Industrials | 12.3% |
| 4 | Energy | 10.49% |
| 5 | Healthcare | 10.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Pegasystems
PEGA
$5.21B
| – | – |
-94,032
| Closed | -$830K |
|
402
Patterson-UTI
PTEN
$3.83B
| – | – |
-8,164
| Closed | -$259K |
|
403
Prudential
PUK
$34.7B
| – | – |
-5,960
| Closed | -$246K |
|
404
Ryder
R
$10.1B
| – | – |
-32,316
| Closed | -$2.58M |
|
405
Rio Tinto
RIO
$162B
| – | – |
-5,332
| Closed | -$298K |
|
406
Royal Bank of Canada
RY
$294B
| – | – |
-3,868
| Closed | -$255K |
|
407
Sanmina
SANM
$11B
| – | – |
-128,189
| Closed | -$2.24M |
|
408
SAP
SAP
$230B
| – | – |
-2,973
| Closed | -$242K |
|
409
Scansource
SCSC
$1.16B
| – | – |
-24,570
| Closed | -$1M |
|
|
SEE
410
DELISTED
Sealed Air
SEE
| – | – |
-103,247
| Closed | -$3.39M |
|
411
Tanger
SKT
$4.52B
| – | – |
-28,106
| Closed | -$984K |
|
412
ScottsMiracle-Gro
SMG
$3.61B
| – | – |
-12,095
| Closed | -$741K |
|
413
Synaptics
SYNA
$3.99B
| – | – |
-22,184
| Closed | -$1.33M |
|
414
Toronto Dominion Bank
TD
$200B
| – | – |
-4,919
| Closed | -$231K |
|
415
Hanover Insurance
THG
$8.06B
| – | – |
-48,153
| Closed | -$2.96M |
|
416
Toll Brothers
TOL
$14.1B
| – | – |
-15,225
| Closed | -$547K |
|
417
Visa
V
$692B
| – | – |
-37,664
| Closed | -$2.03M |
|
418
Vale
VALE
$62.6B
| – | – |
-11,267
| Closed | -$156K |
|
419
Valmont Industries
VMI
$9.5B
| – | – |
-7,870
| Closed | -$1.17M |
|
420
World Acceptance Corp
WRLD
$886M
| – | – |
-8,630
| Closed | -$648K |
|
421
Western Union
WU
$2.23B
| – | – |
-43,078
| Closed | -$705K |
|
|
JBTM
422
JBT Marel
JBTM
$6.33B
| – | – |
-29,800
| Closed | -$921K |
|
|
CIR
423
DELISTED
CIRCOR International, Inc
CIR
| – | – |
-13,200
| Closed | -$968K |
|
|
CS
424
DELISTED
Credit Suisse Group
CS
| – | – |
-7,710
| Closed | -$250K |
|
|
MGI
425
DELISTED
MoneyGram International, Inc. New
MGI
| – | – |
-50,450
| Closed | -$890K |
|
Similar funds
MWA
SFP
ECM
NRG
HW
LAM
BGIM
CIA
Convergence Investment Partners's Q2 2014 Portfolio in Review
As of Q2 2014, Convergence Investment Partners held 485 positions worth $758M, up 15% from $658M the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Convergence Investment Partners deployed $68.7M of net new capital in Q2 2014, opening 121 new positions and adding to 139 existing holdings. Its largest new stake was Walt Disney: 58,848 shares worth $5.05M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was Chevron, an estimated $7.03M trimmed.
- Convergence Investment Partners's largest Q2 2014 buy was Walt Disney: 58,848 shares worth $5.05M.
- Convergence Investment Partners added most to ConocoPhillips in Q2 2014, an estimated $7.08M increase.
- Convergence Investment Partners's biggest Q2 2014 reduction was Chevron, cutting an estimated $7.03M.
- Convergence Investment Partners fully exited DIRECTV COM STK (DE) in Q2 2014, selling an estimated $6.23M.
- Convergence Investment Partners's ten largest holdings make up 17% of its $758M portfolio in Q2 2014.
- Convergence Investment Partners opened 121 new positions and closed 121 in Q2 2014.
- Convergence Investment Partners's portfolio value rose 15% quarter-over-quarter to $758M.
Based on Convergence Investment Partners's 13F filing for Q2 2014, filed 13 Aug 2014.