Convergence Investment Partners, LLC Buys Caterpillar Inc, 3M Co, McDonald's Corp, Sells Eaton Corp PLC, Pfizer Inc, General Motors Co

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Jul 30, 2020
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Leawood, KS, based Investment company Convergence Investment Partners, LLC (Current Portfolio) buys Caterpillar Inc, 3M Co, McDonald's Corp, U.S. Bancorp, Equity Residential, sells Eaton Corp PLC, Pfizer Inc, General Motors Co, Citizens Financial Group Inc, Raytheon Technologies Corp during the 3-months ended 2020Q2, according to the most recent filings of the investment company, Convergence Investment Partners, LLC. As of 2020Q2, Convergence Investment Partners, LLC owns 210 stocks with a total value of $291 million. These are the details of the buys and sells.

For the details of Convergence Investment Partners, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/convergence+investment+partners%2C+llc/current-portfolio/portfolio

These are the top 5 holdings of Convergence Investment Partners, LLC
  1. Microsoft Corp (MSFT) - 31,265 shares, 2.19% of the total portfolio. Shares reduced by 10.27%
  2. AT&T Inc (T) - 206,091 shares, 2.14% of the total portfolio. Shares added by 8.38%
  3. Apple Inc (AAPL) - 16,837 shares, 2.11% of the total portfolio. Shares reduced by 11.05%
  4. AbbVie Inc (ABBV) - 55,271 shares, 1.87% of the total portfolio. Shares added by 4.71%
  5. Amgen Inc (AMGN) - 21,998 shares, 1.78% of the total portfolio. Shares added by 1.80%
New Purchase: Caterpillar Inc (CAT)

Convergence Investment Partners, LLC initiated holding in Caterpillar Inc. The purchase prices were between $104.48 and $137.72, with an estimated average price of $118.53. The stock is now traded at around $137.68. The impact to a portfolio due to this purchase was 0.76%. The holding were 17,535 shares as of .

New Purchase: 3M Co (MMM)

Convergence Investment Partners, LLC initiated holding in 3M Co. The purchase prices were between $133.14 and $167.41, with an estimated average price of $150.38. The stock is now traded at around $151.84. The impact to a portfolio due to this purchase was 0.75%. The holding were 13,985 shares as of .

New Purchase: U.S. Bancorp (USB)

Convergence Investment Partners, LLC initiated holding in U.S. Bancorp. The purchase prices were between $29.45 and $43.51, with an estimated average price of $35.61. The stock is now traded at around $36.44. The impact to a portfolio due to this purchase was 0.65%. The holding were 51,096 shares as of .

New Purchase: Equity Residential (EQR)

Convergence Investment Partners, LLC initiated holding in Equity Residential. The purchase prices were between $54.26 and $69.79, with an estimated average price of $62. The stock is now traded at around $53.26. The impact to a portfolio due to this purchase was 0.62%. The holding were 30,636 shares as of .

New Purchase: SPS Commerce Inc (SPSC)

Convergence Investment Partners, LLC initiated holding in SPS Commerce Inc. The purchase prices were between $46.17 and $76.59, with an estimated average price of $60.6. The stock is now traded at around $73.21. The impact to a portfolio due to this purchase was 0.48%. The holding were 18,663 shares as of .

New Purchase: Activision Blizzard Inc (ATVI)

Convergence Investment Partners, LLC initiated holding in Activision Blizzard Inc. The purchase prices were between $57.5 and $76.58, with an estimated average price of $69.52. The stock is now traded at around $80.66. The impact to a portfolio due to this purchase was 0.45%. The holding were 17,328 shares as of .

Added: McDonald's Corp (MCD)

Convergence Investment Partners, LLC added to a holding in McDonald's Corp by 680.51%. The purchase prices were between $158.17 and $202.65, with an estimated average price of $183.11. The stock is now traded at around $195.83. The impact to a portfolio due to this purchase was 0.65%. The holding were 11,731 shares as of .

Added: Best Buy Co Inc (BBY)

Convergence Investment Partners, LLC added to a holding in Best Buy Co Inc by 162.23%. The purchase prices were between $52.76 and $87.27, with an estimated average price of $75.4. The stock is now traded at around $98.31. The impact to a portfolio due to this purchase was 0.49%. The holding were 26,577 shares as of .

Added: NVIDIA Corp (NVDA)

Convergence Investment Partners, LLC added to a holding in NVIDIA Corp by 291.00%. The purchase prices were between $243.07 and $381.07, with an estimated average price of $322.32. The stock is now traded at around $415.63. The impact to a portfolio due to this purchase was 0.45%. The holding were 4,563 shares as of .

Added: CVS Health Corp (CVS)

Convergence Investment Partners, LLC added to a holding in CVS Health Corp by 110.32%. The purchase prices were between $55.41 and $70.62, with an estimated average price of $62.88. The stock is now traded at around $63.63. The impact to a portfolio due to this purchase was 0.45%. The holding were 38,007 shares as of .

Added: C.H. Robinson Worldwide Inc (CHRW)

Convergence Investment Partners, LLC added to a holding in C.H. Robinson Worldwide Inc by 166.59%. The purchase prices were between $66.2 and $85.1, with an estimated average price of $75.35. The stock is now traded at around $93.03. The impact to a portfolio due to this purchase was 0.35%. The holding were 20,685 shares as of .

Added: NRG Energy Inc (NRG)

Convergence Investment Partners, LLC added to a holding in NRG Energy Inc by 102.48%. The purchase prices were between $26.21 and $38.16, with an estimated average price of $32.85. The stock is now traded at around $33.38. The impact to a portfolio due to this purchase was 0.28%. The holding were 48,817 shares as of .

Sold Out: Eaton Corp PLC (ETN)

Convergence Investment Partners, LLC sold out a holding in Eaton Corp PLC. The sale prices were between $71.25 and $95.67, with an estimated average price of $82.18.

Sold Out: General Motors Co (GM)

Convergence Investment Partners, LLC sold out a holding in General Motors Co. The sale prices were between $18.04 and $30.68, with an estimated average price of $24.29.

Sold Out: Citizens Financial Group Inc (CFG)

Convergence Investment Partners, LLC sold out a holding in Citizens Financial Group Inc. The sale prices were between $16.94 and $30.41, with an estimated average price of $22.6.

Sold Out: Applied Materials Inc (AMAT)

Convergence Investment Partners, LLC sold out a holding in Applied Materials Inc. The sale prices were between $42.28 and $61.27, with an estimated average price of $53.76.

Sold Out: Host Hotels & Resorts Inc (HST)

Convergence Investment Partners, LLC sold out a holding in Host Hotels & Resorts Inc. The sale prices were between $9.06 and $14.82, with an estimated average price of $11.48.

Sold Out: Amdocs Ltd (DOX)

Convergence Investment Partners, LLC sold out a holding in Amdocs Ltd. The sale prices were between $53.38 and $65.93, with an estimated average price of $61.64.



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