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
PEB icon
76
Pebblebrook Hotel Trust
PEB
$2.05B
$2.95M 0.44%
110,879
+53,779
+94% +$1.54M
WCG
77
DELISTED
Wellcare Health Plans, Inc.
WCG
$2.92M 0.43%
24,896
-584
-2% -$65.2K
SAFM
78
DELISTED
Sanderson Farms Inc
SAFM
$2.91M 0.43%
+30,170
New +$2.76M
PFG icon
79
Principal Financial Group
PFG
$24.4B
$2.88M 0.43%
55,959
+10,197
+22% +$477K
DFS
80
DELISTED
Discover Financial Services
DFS
$2.84M 0.42%
50,270
-22,249
-31% -$1.27M
MCK icon
81
McKesson
MCK
$103B
$2.84M 0.42%
+17,032
New +$3.17M
RPT
82
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
$2.83M 0.42%
+150,910
New +$2.91M
TKR icon
83
Timken Company
TKR
$8.98B
$2.73M 0.4%
77,666
+14,092
+22% +$464K
BIG
84
DELISTED
Big Lots, Inc.
BIG
$2.73M 0.4%
57,104
-11,177
-16% -$572K
ANDV
85
DELISTED
Andeavor
ANDV
$2.71M 0.4%
34,013
-12,197
-26% -$940K
LEA icon
86
Lear
LEA
$8.16B
$2.64M 0.39%
21,782
-3,635
-14% -$414K
FIZZ icon
87
National Beverage
FIZZ
$3B
$2.63M 0.39%
+119,320
New +$3.21M
CAH icon
88
Cardinal Health
CAH
$55.8B
$2.63M 0.39%
33,785
-6,882
-17% -$556K
PLCE icon
89
Children's Place
PLCE
$60.5M
$2.58M 0.38%
32,342
+368
+1% +$30.3K
USG
90
DELISTED
Usg
USG
$2.56M 0.38%
98,891
+4,300
+5% +$119K
SBRA icon
91
Sabra Healthcare REIT
SBRA
$5.38B
$2.54M 0.37%
+100,808
New +$2.41M
HST icon
92
Host Hotels & Resorts
HST
$16.1B
$2.53M 0.37%
162,634
-5,215
-3% -$89.4K
VYX icon
93
NCR Voyix
VYX
$1.14B
$2.48M 0.37%
+125,557
New +$2.47M
MYGN icon
94
Myriad Genetics
MYGN
$309M
$2.47M 0.37%
120,191
+13,064
+12% +$331K
VIAB
95
DELISTED
Viacom Inc. Class B
VIAB
$2.46M 0.36%
+64,672
New +$2.68M
UAL icon
96
United Airlines
UAL
$42B
$2.46M 0.36%
46,820
-20,101
-30% -$967K
SWFT
97
DELISTED
Swift Transportation Company
SWFT
$2.45M 0.36%
+114,189
New +$2.17M
TNL icon
98
Travel + Leisure Co
TNL
$4.69B
$2.44M 0.36%
80,183
+29,807
+59% +$952K
CSCO icon
99
Cisco
CSCO
$475B
$2.42M 0.36%
76,352
-43,142
-36% -$1.33M
AXP icon
100
American Express
AXP
$230B
$2.42M 0.36%
37,770
-45,193
-54% -$2.9M
2 3
4
5 6

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.