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
+8.47%
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
$678M
AUM Growth
-$48.9M
Cap. Flow
-$82.3M
Cap. Flow %
-12.14%
Top 10 Hldgs %
12.63%
Holding
435
New
127
Increased
76
Reduced
120
Closed
111

Top Buys

Rank Stock Value
1
PFE icon
Pfizer
PFE
+$6.36M
2
T icon
AT&T
T
+$6.07M
3
CATM
Cardtronics plc Class A Ordinary Shares (UK)
CATM
+$5.04M
4
CVG
Convergys
CVG
+$4.73M
5
GXP
Great Plains Energy Incorporated
GXP
+$4.55M

Top Sells

Rank Stock Value
1
LDOS icon
Leidos
LDOS
+$5.48M
2
RAX
Rackspace Hosting Inc
RAX
+$5.32M
3
DYN
Dynegy, Inc.
DYN
+$5.03M
4
GILD icon
Gilead Sciences
GILD
+$4.77M
5
VZ icon
Verizon
VZ
+$4.76M

Sector Composition

Rank Sector Weight
1 Financials 16.1%
2 Technology 13.84%
3 Industrials 12.51%
4 Healthcare 11.57%
5 Consumer Discretionary 9.8%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WU icon
51
Western Union
WU
$2.23B
$3.52M 0.52%
169,246
-31,948
-16% -$656K
SANM icon
52
Sanmina
SANM
$11B
$3.5M 0.52%
123,084
-18,569
-13% -$503K
WKC icon
53
World Kinect Corp
WKC
$1.9B
$3.5M 0.52%
75,742
-18,448
-20% -$851K
EGP icon
54
EastGroup Properties
EGP
$10.8B
$3.48M 0.51%
+47,259
New +$3.42M
CC icon
55
Chemours
CC
$2.27B
$3.41M 0.5%
+213,230
New +$2.44M
GILD icon
56
Gilead Sciences
GILD
$162B
$3.37M 0.5%
42,554
-58,696
-58% -$4.77M
HUN icon
57
Huntsman Corp
HUN
$1.78B
$3.36M 0.5%
206,239
+2,093
+1% +$33.2K
XRX icon
58
Xerox
XRX
$424M
$3.35M 0.5%
125,684
+119,278
+1,862% +$3.08M
STI
59
DELISTED
SunTrust Banks, Inc.
STI
$3.35M 0.49%
76,388
-26,922
-26% -$1.15M
TCF
60
DELISTED
TCF Financial Corporation
TCF
$3.29M 0.49%
226,991
+192,471
+558% +$2.67M
NBR icon
61
Nabors Industries
NBR
$1.23B
$3.29M 0.49%
+5,414
New +$2.67M
CNX icon
62
CNX Resources
CNX
$5.2B
$3.26M 0.48%
+203,710
New +$3.01M
HA
63
DELISTED
Hawaiian Holdings, Inc.
HA
$3.19M 0.47%
65,563
-42,870
-40% -$1.95M
IP icon
64
International Paper
IP
$21.5B
$3.18M 0.47%
69,978
-4,634
-6% -$204K
CCL icon
65
Carnival Corporation Ltd
CCL
$39.4B
$3.16M 0.47%
64,710
-33,520
-34% -$1.55M
NVDA icon
66
NVIDIA
NVDA
$5.3T
$3.15M 0.47%
1,840,360
-809,560
-31% -$1.2M
ESRT icon
67
Empire State Realty Trust
ESRT
$843M
$3.15M 0.46%
150,379
-85,293
-36% -$1.76M
F icon
68
Ford
F
$55B
$3.14M 0.46%
259,962
-39,260
-13% -$496K
FR icon
69
First Industrial Realty Trust
FR
$8.4B
$3.1M 0.46%
+109,938
New +$3.14M
PDM
70
Piedmont Realty Trust
PDM
$1.18B
$3.1M 0.46%
142,434
-72,816
-34% -$1.56M
CNO icon
71
CNO Financial Group
CNO
$5.14B
$3.08M 0.46%
+201,960
New +$3.29M
XOM icon
72
ExxonMobil
XOM
$642B
$3.04M 0.45%
34,825
-1,014
-3% -$90K
UE icon
73
Urban Edge Properties
UE
$2.71B
$2.99M 0.44%
106,248
-23,617
-18% -$684K
HD icon
74
Home Depot
HD
$349B
$2.98M 0.44%
23,129
-3,331
-13% -$444K
LPT
75
DELISTED
Liberty Property Trust
LPT
$2.95M 0.44%
73,117
+1,163
+2% +$47K
1 2
3
4 5

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 Q3 2016 Portfolio in Review

As of Q3 2016, Convergence Investment Partners held 435 positions worth $678M, down 6.7% from $727M the previous quarter. Its ten largest holdings account for 13% of the portfolio.

Convergence Investment Partners withdrew a net $82.3M in Q3 2016, closing 111 positions and reducing 120 holdings. Its most notable exit was Leidos, an estimated $5.48M position sold in full.

By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Technology and Industrials.

Against the trend, Convergence Investment Partners opened a new position in Cardtronics plc Class A Ordinary Shares (UK) worth $5.11M.

  • Convergence Investment Partners's largest Q3 2016 buy was Cardtronics plc Class A Ordinary Shares (UK): 114,485 shares worth $5.11M.
  • Convergence Investment Partners added most to Pfizer in Q3 2016, an estimated $6.36M increase.
  • Convergence Investment Partners's biggest Q3 2016 reduction was Gilead Sciences, cutting an estimated $4.77M.
  • Convergence Investment Partners fully exited Leidos in Q3 2016, selling an estimated $5.48M.
  • Convergence Investment Partners's ten largest holdings make up 13% of its $678M portfolio in Q3 2016.
  • Convergence Investment Partners opened 127 new positions and closed 111 in Q3 2016.
  • Convergence Investment Partners's portfolio value fell 6.7% quarter-over-quarter to $678M.

Based on Convergence Investment Partners's 13F filing for Q3 2016, filed 10 Nov 2016.