We are live on
!
Find out more
CIP
Convergence Investment Partners Portfolio holdings
AUM
$611M
1-Year Est. Return
61.48%
This Fund
S&P 500
This Quarter
Est. Return
+6.3%
1 Year Est. Return
+61.48%
3 Year Est. Return
+199.5%
5 Year Est. Return
+275.62%
10 Year Est. Return
+998.75%
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 | |
|---|---|---|---|---|---|---|
1
Boeing
BA
$165B
| $12.1M | 1.68% |
35,928
-801
| -2% | -$276K |
|
2
Pfizer
PFE
$140B
| $11.8M | 1.65% |
342,836
+24,736
| +8% | +$845K |
|
3
AT&T
T
$165B
| $11.1M | 1.55% |
457,271
+39,244
| +9% | +$985K |
|
4
JPMorgan Chase
JPM
$939B
| $10.7M | 1.49% |
102,550
-10,157
| -9% | -$1.11M |
|
5
Microsoft
MSFT
$2.84T
| $10.5M | 1.47% |
106,442
+897
| +0.8% | +$86.9K |
|
6
Apple
AAPL
$4.89T
| $10.2M | 1.42% |
220,424
+13,108
| +6% | +$594K |
|
7
AbbVie
ABBV
$458B
| $9.59M | 1.34% |
103,477
+2,497
| +2% | +$244K |
|
8
Amgen
AMGN
$203B
| $9.13M | 1.27% |
49,459
-5,495
| -10% | -$972K |
|
|
9
Intel
INTC
$466B
| $8.13M | 1.13% |
163,538
+77,915
| +91% | +$4.14M |
|
10
Valero Energy
VLO
$89.8B
| $8.04M | 1.12% |
72,562
-17,985
| -20% | -$2.02M |
|
11
Citigroup
C
$222B
| $7.95M | 1.11% |
118,775
-8,480
| -7% | -$584K |
|
12
Bank of America
BAC
$435B
| $7.7M | 1.07% |
273,125
-18,917
| -6% | -$564K |
|
13
IBM
IBM
$202B
| $7.31M | 1.02% |
54,710
+11,720
| +27% | +$1.63M |
|
14
Walmart Inc
WMT
$871B
| $6.84M | 0.95% |
239,607
-24,549
| -9% | -$698K |
|
|
CA
15
DELISTED
CA, Inc.
CA
| $6.61M | 0.92% |
185,387
+122,834
| +196% | +$4.33M |
|
16
Caterpillar
CAT
$409B
| $6.56M | 0.92% |
48,357
+8,025
| +20% | +$1.2M |
|
17
Cisco
CSCO
$450B
| $6.39M | 0.89% |
148,500
-10,046
| -6% | -$439K |
|
|
LM
18
DELISTED
Legg Mason, Inc.
LM
| $6.29M | 0.88% |
181,252
-963
| -0.5% | -$36.5K |
|
19
CACI
CACI
$10.8B
| $6.24M | 0.87% |
37,021
+2,458
| +7% | +$396K |
|
|
AZPN
20
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $6.15M | 0.86% |
66,296
-17,002
| -20% | -$1.58M |
|
21
Marathon Petroleum
MPC
$90.3B
| $6.01M | 0.84% |
85,644
-9,175
| -10% | -$701K |
|
22
Chevron
CVX
$388B
| $5.91M | 0.82% |
46,719
+28,245
| +153% | +$3.51M |
|
23
HF Sinclair
DINO
$15.9B
| $5.9M | 0.82% |
86,282
-31,429
| -27% | -$2.09M |
|
|
SYNT
24
DELISTED
Syntel Inc
SYNT
| $5.86M | 0.82% |
+182,703
| New | +$5.46M |
|
25
Home Depot
HD
$332B
| $5.71M | 0.8% |
29,244
-7,054
| -19% | -$1.32M |
|
Similar funds
FFWA
VV
CBB
1SAMC
PM
PL
BFC
DCM
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.