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
+2.92%
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
$359M
AUM Growth
-$54.9M
(-13%)
Cap. Flow
-$60.4M
Cap. Flow
% of AUM
-16.81%
Top 10 Holdings %
Top 10 Hldgs %
16.06%
Holding
382
New
86
Increased
52
Reduced
155
Closed
88
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Southern Company
SO
|
+$2.55M |
| 2 |
IPG
Interpublic Group of Companies
IPG
|
+$2.43M |
| 3 |
Duke Energy
DUK
|
+$2.37M |
| 4 |
AT&T
T
|
+$2.36M |
| 5 |
Medtronic
MDT
|
+$2.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$4.68M |
| 2 |
Verizon
VZ
|
+$3.21M |
| 3 |
Comcast
CMCSA
|
+$3.15M |
| 4 |
AvalonBay Communities
AVB
|
+$2.59M |
| 5 |
Union Pacific
UNP
|
+$2.52M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.97% |
| 2 | Financials | 16.77% |
| 3 | Healthcare | 12.46% |
| 4 | Industrials | 10.79% |
| 5 | Consumer Staples | 8.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Zions Bancorporation
ZION
$10.3B
| $231K | 0.06% |
5,190
-1,485
| -22% | -$64.2K |
|
202
GE Aerospace
GE
$384B
| $229K | 0.06% |
5,136
-39
| -0.8% | -$1.83K |
|
203
3M
MMM
$94.3B
| $223K | 0.06% |
1,619
-4,583
| -74% | -$641K |
|
204
Lantheus
LNTH
$6.59B
| $221K | 0.06% |
8,830
-196
| -2% | -$4.83K |
|
|
NTUS
205
DELISTED
Natus Medical Inc
NTUS
| $221K | 0.06% |
6,946
-2,694
| -28% | -$78.5K |
|
206
Elevance Health
ELV
$85.5B
| $217K | 0.06% |
905
-38
| -4% | -$10.4K |
|
207
Philip Morris
PM
$295B
| $217K | 0.06% |
2,864
+250
| +10% | +$19.8K |
|
208
NVIDIA
NVDA
$5.42T
| $212K | 0.06% |
+48,640
| New | +$205K |
|
209
Mondelez International
MDLZ
$79.9B
| $209K | 0.06% |
3,777
-29,360
| -89% | -$1.61M |
|
210
TJX Companies
TJX
$178B
| $209K | 0.06% |
+3,753
| New | +$204K |
|
|
MGLN
211
DELISTED
Magellan Health Services, Inc.
MGLN
| $205K | 0.06% |
+3,301
| New | +$220K |
|
212
Charter Communications
CHTR
$18.2B
| $204K | 0.06% |
+494
| New | +$199K |
|
213
Kroger
KR
$34.8B
| $202K | 0.06% |
7,829
-7,168
| -48% | -$167K |
|
214
Goldman Sachs
GS
$303B
| $201K | 0.06% |
+970
| New | +$203K |
|
215
Omnicell
OMCL
$1.68B
| $195K | 0.05% |
2,696
-18,626
| -87% | -$1.37M |
|
216
MillerKnoll
MLKN
$1.67B
| $194K | 0.05% |
+4,209
| New | +$185K |
|
217
AMERISAFE
AMSF
$540M
| $193K | 0.05% |
+2,918
| New | +$193K |
|
218
Selective Insurance
SIGI
$5.73B
| $189K | 0.05% |
+2,511
| New | +$194K |
|
219
HealthEquity
HQY
$8.75B
| $188K | 0.05% |
3,295
-21,255
| -87% | -$1.41M |
|
220
Essent Group
ESNT
$6.33B
| $182K | 0.05% |
3,813
-744
| -16% | -$35.6K |
|
221
Maximus
MMS
$3.1B
| $181K | 0.05% |
2,347
-1,573
| -40% | -$119K |
|
222
Kelly Services Class A
KELYA
$528M
| $175K | 0.05% |
+7,233
| New | +$188K |
|
223
Radian Group
RDN
$4.93B
| $174K | 0.05% |
7,614
-42,196
| -85% | -$974K |
|
224
Workiva
WK
$3.54B
| $173K | 0.05% |
3,952
-941
| -19% | -$49.6K |
|
225
CorVel
CRVL
$3.19B
| $171K | 0.05% |
6,765
-3,498
| -34% | -$99.5K |
|
Similar funds
MWA
SFP
ECM
NRG
HW
LAM
BGIM
CIA
Convergence Investment Partners's Q3 2019 Portfolio in Review
As of Q3 2019, Convergence Investment Partners held 382 positions worth $359M, down 13% from $414M the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Convergence Investment Partners withdrew a net $60.4M in Q3 2019, closing 88 positions and reducing 155 holdings. Its most notable exit was AvalonBay Communities, an estimated $2.59M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 17% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Convergence Investment Partners opened a new position in Southern Company worth $2.72M.
- Convergence Investment Partners's largest Q3 2019 buy was Southern Company: 44,037 shares worth $2.72M.
- Convergence Investment Partners added most to AT&T in Q3 2019, an estimated $2.36M increase.
- Convergence Investment Partners's biggest Q3 2019 reduction was Boeing, cutting an estimated $4.68M.
- Convergence Investment Partners fully exited AvalonBay Communities in Q3 2019, selling an estimated $2.59M.
- Convergence Investment Partners's ten largest holdings make up 16% of its $359M portfolio in Q3 2019.
- Convergence Investment Partners opened 86 new positions and closed 88 in Q3 2019.
- Convergence Investment Partners's portfolio value fell 13% quarter-over-quarter to $359M.
Based on Convergence Investment Partners's 13F filing for Q3 2019, filed 22 Oct 2019.