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
+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
(-6.7%)
Cap. Flow
-$79M
Cap. Flow
% of AUM
-11.03%
Top 10 Holdings %
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 |
Tenet Healthcare
THC
|
+$4.51M |
| 3 |
CA
CA, Inc.
CA
|
+$4.33M |
| 4 |
Intel
INTC
|
+$4.14M |
| 5 |
Vistra
VST
|
+$4.05M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Yelp
YELP
|
+$6.14M |
| 2 |
TVPT
Travelport Worldwide Limited
TVPT
|
+$4.98M |
| 3 |
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 | |
|---|---|---|---|---|---|---|
726
PACCAR
PCAR
$70.1B
| – | – |
-2,075
| Closed | -$91K |
|
727
PG&E
PCG
$38.5B
| – | – |
-1,077
| Closed | -$47K |
|
|
PCH
728
DELISTED
PotlatchDeltic
PCH
| – | – |
-88,887
| Closed | -$4.63M |
|
729
Public Service Enterprise Group
PEG
$37.7B
| – | – |
-1,081
| Closed | -$54K |
|
730
Parker-Hannifin
PH
$135B
| – | – |
-468
| Closed | -$80K |
|
731
Philips
PHG
$26.1B
| – | – |
-461
| Closed | -$13K |
|
732
Polaris
PII
$4.07B
| – | – |
-30
| Closed | -$3K |
|
733
Packaging Corp of America
PKG
$22.8B
| – | – |
-24
| Closed | -$3K |
|
734
POSCO
PKX
$17.5B
| – | – |
-124
| Closed | -$10K |
|
735
Photronics
PLAB
$1.93B
| – | – |
-131,606
| Closed | -$1.09M |
|
736
Philip Morris
PM
$295B
| – | – |
-2,231
| Closed | -$222K |
|
737
PNC Financial Services
PNC
$101B
| – | – |
-1,163
| Closed | -$176K |
|
738
Pentair
PNR
$11B
| – | – |
-278
| Closed | -$13K |
|
739
Pilgrim's Pride
PPC
$6.54B
| – | – |
-793
| Closed | -$20K |
|
740
PPG Industries
PPG
$26.6B
| – | – |
-672
| Closed | -$75K |
|
|
PPL
741
PPL Corp
PPL
$26.7B
| – | – |
-1,306
| Closed | -$37K |
|
742
Progress Software
PRGS
$1.76B
| – | – |
-1,020
| Closed | -$39K |
|
743
Perrigo
PRGO
$1.78B
| – | – |
-603
| Closed | -$50K |
|
744
Protolabs
PRLB
$2.13B
| – | – |
-11,454
| Closed | -$1.35M |
|
745
Public Storage
PSA
$61.3B
| – | – |
-188
| Closed | -$38K |
|
746
Pearson
PSO
$9.9B
| – | – |
-282
| Closed | -$3K |
|
747
PTC
PTC
$16B
| – | – |
-298
| Closed | -$23K |
|
748
Prudential
PUK
$35.2B
| – | – |
-344
| Closed | -$17K |
|
749
PVH
PVH
$4.04B
| – | – |
-158
| Closed | -$24K |
|
750
PayPal
PYPL
$50.5B
| – | – |
-1,506
| Closed | -$114K |
|
Similar funds
MWA
SFP
ECM
NRG
HW
LAM
BGIM
CIA
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.