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CIP
Convergence Investment Partners Portfolio holdings
AUM
$1.06B
1-Year Est. Return
87.75%
This Fund
S&P 500
This Quarter
Est. Return
+10.45%
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
$616M
AUM Growth
+$143M
(+30%)
Cap. Flow
+$96M
Cap. Flow
% of AUM
15.59%
Top 10 Holdings %
Top 10 Hldgs %
18.85%
Holding
436
New
126
Increased
112
Reduced
128
Closed
62
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$7.55M |
| 2 |
Apple
AAPL
|
+$4.59M |
| 3 |
JPMorgan Chase
JPM
|
+$4.52M |
| 4 |
Pultegroup
PHM
|
+$4.51M |
| 5 |
IM
Ingram Micro
IM
|
+$3.88M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Aflac
AFL
|
+$6.01M |
| 2 |
Visa
V
|
+$5.11M |
| 3 |
Bank of America
BAC
|
+$4.55M |
| 4 |
Citigroup
C
|
+$3.66M |
| 5 |
Ralph Lauren
RL
|
+$3.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.12% |
| 2 | Financials | 13.05% |
| 3 | Industrials | 12.92% |
| 4 | Energy | 10.14% |
| 5 | Healthcare | 9.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Verisk Analytics
VRSK
$24.7B
| $766K | 0.12% |
+11,660
| New | +$766K |
|
|
CTCT
202
DELISTED
CONSTANT CONTACT, INC COM
CTCT
| $759K | 0.12% |
+24,440
| New | +$644K |
|
203
Edwards Lifesciences
EW
$51.5B
| $756K | 0.12% |
69,000
-33,258
| -33% | -$375K |
|
204
Sysco
SYY
$40.4B
| $754K | 0.12% |
20,884
+3,237
| +18% | +$109K |
|
205
DTE Energy
DTE
$29.1B
| $750K | 0.12% |
13,265
+2,309
| +21% | +$132K |
|
206
Amkor Technology
AMKR
$13.5B
| $743K | 0.12% |
+121,270
| New | +$647K |
|
207
Evertec
EVTC
$1.85B
| $740K | 0.12% |
+29,990
| New | +$677K |
|
|
FLTX
208
DELISTED
Fleetmatics Group PLC
FLTX
| $740K | 0.12% |
+17,110
| New | +$626K |
|
209
Cirrus Logic
CRUS
$6.23B
| $736K | 0.12% |
+36,010
| New | +$777K |
|
210
SEI Investments
SEIC
$12.6B
| $729K | 0.12% |
+20,982
| New | +$698K |
|
|
TE
211
DELISTED
TECO ENERGY INC
TE
| $729K | 0.12% |
42,293
-126,519
| -75% | -$2.16M |
|
|
BLT
212
DELISTED
BLOUNT INTERNATIONAL (NEW)
BLT
| $728K | 0.12% |
+50,340
| New | +$669K |
|
213
Super Micro Computer
SMCI
$19B
| $706K | 0.11% |
+411,300
| New | +$621K |
|
214
Norfolk Southern
NSC
$76.9B
| $704K | 0.11% |
7,587
+1,281
| +20% | +$110K |
|
215
Comscore
SCOR
$113M
| $690K | 0.11% |
+1,207
| New | +$664K |
|
|
SGEN
216
DELISTED
Seagen Inc. Common Stock
SGEN
| $686K | 0.11% |
+17,190
| New | +$701K |
|
|
TUES
217
DELISTED
Tuesday Morning Corp
TUES
| $685K | 0.11% |
+42,908
| New | +$607K |
|
218
Emergent Biosolutions
EBS
$274M
| $683K | 0.11% |
+29,708
| New | +$619K |
|
|
JBTM
219
JBT Marel
JBTM
$6.36B
| $678K | 0.11% |
+23,100
| New | +$641K |
|
220
Molson Coors Class B
TAP
$7.95B
| $676K | 0.11% |
12,036
+2,126
| +21% | +$114K |
|
221
California Water Service
CWT
$3.06B
| $675K | 0.11% |
+29,240
| New | +$636K |
|
|
INSY
222
DELISTED
Insys Therapeutics, Inc.
INSY
| $675K | 0.11% |
+52,350
| New | +$726K |
|
223
HSBC
HSBC
$352B
| $674K | 0.11% |
14,189
-2,636
| -16% | -$125K |
|
|
SPWR
224
DELISTED
SunPower Corporation Common Stock
SPWR
| $673K | 0.11% |
34,449
-41,910
| -55% | -$838K |
|
225
Pegasystems
PEGA
$5.21B
| $666K | 0.11% |
+54,200
| New | +$594K |
|
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Convergence Investment Partners's Q4 2013 Portfolio in Review
As of Q4 2013, Convergence Investment Partners held 436 positions worth $616M, up 30% from $473M the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Convergence Investment Partners deployed $96M of net new capital in Q4 2013, opening 126 new positions and adding to 112 existing holdings. Its largest new stake was Boeing: 58,118 shares worth $7.93M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was Aflac, an estimated $6.01M trimmed.
- Convergence Investment Partners's largest Q4 2013 buy was Boeing: 58,118 shares worth $7.93M.
- Convergence Investment Partners added most to Apple in Q4 2013, an estimated $4.59M increase.
- Convergence Investment Partners's biggest Q4 2013 reduction was Aflac, cutting an estimated $6.01M.
- Convergence Investment Partners fully exited Visa in Q4 2013, selling an estimated $5.11M.
- Convergence Investment Partners's ten largest holdings make up 19% of its $616M portfolio in Q4 2013.
- Convergence Investment Partners opened 126 new positions and closed 62 in Q4 2013.
- Convergence Investment Partners's portfolio value rose 30% quarter-over-quarter to $616M.
Based on Convergence Investment Partners's 13F filing for Q4 2013, filed 14 Feb 2014.