Convergence Financial, LLC
Long book
$943.1M
Q1 2026
Positions
217
Top-10 weight
50%
concentration
Last quarter
+10.1%
SPY +14.8%
Turnover
25%
of book per quarter
Strategy in plain words
auto-generated from filingsConvergence Financial, LLC is a wealth-management firm allocating client money, running a $943.1M US long book across 217 positions.
The portfolio is moderately concentrated (top 10 ≈ 50% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: SS SPDR P S&P 500 VALUE ETF, SS SPDR P AGG BOND ETF, SS SPDR BB 1-3M T-BILL ETF, SS SPDR S&P 400 MC GR ETF, SS SPDR S&P 400 MC VAL ETF.
Over the last 9 quarters its long book ran on average 1.4pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.2%
Q2 2024
+6.0%
Q3 2024
+2.2%
Q4 2024
-4.4%
Q1 2025
+8.4%
Q2 2025
+6.5%
Q3 2025
+1.5%
Q4 2025
-2.3%
Q1 2026
+10.1%
Sector allocation
Technology 41%
Industrials 16%
Consumer discretionary 11%
Financials 10%
Services media 5%
Healthcare 4%
Energy 4%
Utilities 3%
Long book by quarter
What does Convergence Financial, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| TSLA TESLA INC | Industrials | 57.5K | $21.4M | 2.3% | +120.1% |
| MSFT MICROSOFT CORP | Technology | 36.9K | $13.7M | 1.5% | +119.8% |
| META META PLATFORMS INC-CLASS A | Technology | 21.9K | $12.5M | 1.3% | +200.1% |
| NVDA NVIDIA CORP | Technology | 58.2K | $10.2M | 1.1% | -6.8% |
| AAPL APPLE INC | Technology | 39.4K | $10.0M | 1.1% | -2.5% |
| GOOGL ALPHABET INC-CL A | Technology | 28.4K | $8.2M | 0.9% | -7.1% |
| AVGO BROADCOM INC | Technology | 24.5K | $7.6M | 0.8% | -5.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 31.3K | $6.5M | 0.7% | -1.4% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 5.5K | $5.5M | 0.6% | +102.9% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 10.4K | $4.0M | 0.4% | +111.8% |
| LLY ELI LILLY & CO | Healthcare | 4.4K | $4.0M | 0.4% | -2.2% |
| DUK DUKE ENERGY CORP | Utilities | 28.2K | $3.7M | 0.4% | +95.2% |
| WMT WALMART INC | Consumer discretionary | 28.4K | $3.5M | 0.4% | +76.6% |
| GEV GE VERNOVA INC | Industrials | 4.0K | $3.5M | 0.4% | -4.3% |
| ULTA ULTA BEAUTY INC | Consumer discretionary | 6.5K | $3.4M | 0.4% | +94.7% |
| JPM JPMORGAN CHASE & CO | Financials | 11.3K | $3.3M | 0.4% | -26.8% |
| COP CONOCOPHILLIPS | Energy | 23.3K | $3.1M | 0.3% | +917.9% |
| UI UBIQUITI INC | Technology | 3.9K | $3.1M | 0.3% | New |
| MRK MERCK & CO. INC. | Healthcare | 22.3K | $2.7M | 0.3% | +89.6% |
| AME AMETEK INC | Technology | 11.9K | $2.6M | 0.3% | -3.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 5.1K | $2.4M | 0.3% | -15.4% |
| MSI MOTOROLA SOLUTIONS INC | Technology | 5.5K | $2.4M | 0.3% | +116.7% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 4.8K | $2.3M | 0.2% | +97.1% |
| V VISA INC-CLASS A SHARES | Services media | 7.3K | $2.2M | 0.2% | +94.2% |
| GS GOLDMAN SACHS GROUP INC | Financials | 2.6K | $2.2M | 0.2% | -5.7% |
| DE DEERE & CO | Industrials | 3.8K | $2.1M | 0.2% | +70.9% |
| LOW LOWE'S COS INC | Consumer discretionary | 8.9K | $2.1M | 0.2% | +0.2% |
| ALL ALLSTATE CORP | Financials | 9.0K | $1.9M | 0.2% | -1.6% |
| PG PROCTER & GAMBLE CO/THE | Other | 12.6K | $1.8M | 0.2% | +0.9% |
| BAP CREDICORP LTD | Financials | 5.3K | $1.8M | 0.2% | +92.1% |
| DOV DOVER CORP | Industrials | 8.1K | $1.7M | 0.2% | +99.2% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 11.2K | $1.6M | 0.2% | +4.2% |
| URI UNITED RENTALS INC | Services media | 2.2K | $1.6M | 0.2% | New |
| MPC MARATHON PETROLEUM CORP | Energy | 6.3K | $1.5M | 0.2% | -5.2% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 28.6K | $1.4M | 0.2% | +93.9% |
| CVX CHEVRON CORP | Energy | 6.8K | $1.4M | 0.1% | +38.3% |
| CRM SALESFORCE INC | Technology | 7.5K | $1.4M | 0.1% | -0.8% |
| UNH UNITEDHEALTH GROUP INC | Financials | 4.8K | $1.3M | 0.1% | +519.3% |
| CNA CNA FINANCIAL CORP | Financials | 27.5K | $1.3M | 0.1% | +95.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 5.1K | $1.2M | 0.1% | -8.2% |
| NOW SERVICENOW INC | Technology | 11.7K | $1.2M | 0.1% | -1.1% |
| LIN LINDE PLC | Materials | 2.4K | $1.2M | 0.1% | -3.0% |
| TMUS T-MOBILE US INC | Communications | 5.5K | $1.2M | 0.1% | +156.3% |
| NFLX NETFLIX INC | Services media | 11.4K | $1.1M | 0.1% | +103.7% |
| PSX PHILLIPS 66 | Energy | 5.9K | $1.1M | 0.1% | New |
| NEE NEXTERA ENERGY INC | Utilities | 11.3K | $1.1M | 0.1% | +103.4% |
| DHR DANAHER CORP | Technology | 5.4K | $1.0M | 0.1% | +68.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 276 | $943.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 190 | $685.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 188 | $665.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 6, 2025 | 179 | $581.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 25, 2025 | 167 | $509.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 5, 2025 | 159 | $501.4M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 23, 2024 | 157 | $470.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Oct 23, 2024 | 147 | $378.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Oct 23, 2024 | 49 | $242.2M | canonical | SEC ↗ |