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
+13.23%
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
$191M
AUM Growth
+$22.3M
Cap. Flow
+$3.88M
Cap. Flow %
2.03%
Top 10 Hldgs %
22.9%
Holding
212
New
50
Increased
59
Reduced
81
Closed
21

Top Buys

Rank Stock Value
1
GRMN
Garmin
GRMN
+$1.23M
2
WFC icon
Wells Fargo
WFC
+$1.16M
3
CME icon
CME Group
CME
+$1.16M
4
VST icon
Vistra
VST
+$1.06M
5
NEU icon
NewMarket
NEU
+$1.05M

Top Sells

Rank Stock Value
1
USB icon
US Bancorp
USB
+$1.43M
2
TXN icon
Texas Instruments
TXN
+$1.3M
3
TROW icon
T. Rowe Price
TROW
+$1.2M
4
EQR icon
Equity Residential
EQR
+$1.08M
5
MPC icon
Marathon Petroleum
MPC
+$921K

Sector Composition

Rank Sector Weight
1 Technology 24.81%
2 Financials 16.36%
3 Healthcare 13.78%
4 Communication Services 8.49%
5 Consumer Discretionary 7.83%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FTNT icon
201
Fortinet
FTNT
$117B
– –
-4,180
Closed -$245K
IDXX icon
202
Idexx Laboratories
IDXX
$46.2B
– –
-496
Closed -$217K
JBL icon
203
Jabil
JBL
$35.8B
– –
-4,032
Closed -$512K
NEM icon
204
Newmont
NEM
$119B
– –
-23,789
Closed -$879K
OGN icon
205
Organon & Co
OGN
$3.57B
– –
-14,888
Closed -$258K
REGN icon
206
Regeneron Pharmaceuticals
REGN
$80.8B
– –
-298
Closed -$245K
SLB icon
207
SLB Ltd
SLB
$75B
– –
-3,482
Closed -$203K
TROW icon
208
T. Rowe Price
TROW
$24.3B
– –
-11,446
Closed -$1.2M
WEN icon
209
Wendy's
WEN
$1.46B
– –
-36,701
Closed -$749K
WFRD icon
210
Weatherford International
WFRD
$6.22B
– –
-4,220
Closed -$381K
SWN
211
DELISTED
Southwestern Energy Company
SWN
– –
-10,069
Closed -$65K
SPLK
212
DELISTED
Splunk Inc
SPLK
– –
-3,366
Closed -$492K
5 6 7 8
9

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 Q4 2023 Portfolio in Review

As of Q4 2023, Convergence Investment Partners held 212 positions worth $191M, up 13% from $169M the previous quarter. Its ten largest holdings account for 23% of the portfolio.

Convergence Investment Partners's Q4 2023 filing shows 50 new, 59 increased, 81 reduced and 21 closed positions. Its largest new stake was Garmin: 10,629 shares worth $1.37M. The largest sale was US Bancorp, an estimated $1.43M.

By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 23% a quarter earlier, followed by Financials and Healthcare.

  • Convergence Investment Partners's largest Q4 2023 buy was Garmin: 10,629 shares worth $1.37M.
  • Convergence Investment Partners added most to Wells Fargo in Q4 2023, an estimated $1.16M increase.
  • Convergence Investment Partners's biggest Q4 2023 reduction was US Bancorp, cutting an estimated $1.43M.
  • Convergence Investment Partners fully exited T. Rowe Price in Q4 2023, selling an estimated $1.2M.
  • Convergence Investment Partners's ten largest holdings make up 23% of its $191M portfolio in Q4 2023.
  • Convergence Investment Partners opened 50 new positions and closed 21 in Q4 2023.
  • Convergence Investment Partners's portfolio value rose 13% quarter-over-quarter to $191M.

Based on Convergence Investment Partners's 13F filing for Q4 2023, filed 5 Feb 2024.