CONVERGENCE INVESTMENT PARTNERS, LLC
Adviser information for CONVERGENCE INVESTMENT PARTNERS, LLC last updated from Form ADV on March 27th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 6 |
|---|---|
| Investment Advisory/Research | 4 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 250 | $215.5M |
| Non-Discretionary | 99 | $18.0M |
| Total | 349 | $233.5M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 237 | $147.1M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 1 | $32.9M |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | <5 | $30.2M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 99 | $18.0M |
| Insurance companies | <5 | $2.9M |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 6 | $2.5M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUM |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 18.0M |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| THIRD PARTY MODELS PROGRAM | ENVESTNET PMC |
Principal Office
3801 PGA BLVD.SUITE 1001
PALM BEACH GARDENS
FL
United States
Monday - Friday, 8:00 A.M. - 5:00 P.M.
Tel: 561-494-8001, Fax: 561-494-8006
Chief Compliance Officer
JOHN CALLEN
MANAGING DIRECTOR
3801 PGA BLVD.
SUITE 1001
PALM BEACH GARDENS
FL
United States
Tel:
561-494-8001 X 102
Fax:
561-494-8006
J**********@************M
(Full email address available in API data)
Regulatory Contact
TODD HANSON
MANAGING PARTNER AND CHIEF TECHNOLOGY OFFICER
3801 PGA BLVD
SUITE 1001
PALM BEACH GARDENS
FL
United States
Tel:
561-494-8001 X 103
Fax:
561-494-8006
T**********@************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| ABITZ, DAVID, JAMES | Individual | – | PRESIDENT AND CHIEF INVESTMENT OFFICER | 08/2008 | < 5% |
| HANSON, TODD, JOHN | Individual | – | CHIEF TECHNOLOGY OFFICER | 08/2008 | 5-10% |
| DAVID AND SHEILA ABITZ REVOCABLE TRUST DATED OCTOBER 11, 2014 | Domestic Entity | – | MEMBER | 10/2014 | 10-25% |
| ABITZ, DAVID, JAMES | Individual | DAVID AND SHEILA ABITZ REVOCABLE TRUST DATED OCTOBER 11, 2014 | TRUSTEE | 10/2014 | |
| NEUBERG, JUSTIN, EVANS | Individual | – | PORTFOLIO MANAGER | 06/2016 | 5-10% |
| NILE CAPITAL GROUP, LLC | Domestic Entity | – | MEMBER | 10/2018 | 50-75% |
| LINDSEY, MELVIN, DUANE | Individual | NILE CAPITAL GROUP HOLDINGS, LLC | MANAGING MEMBER | 09/2019 | 50-75% |
| NILE CAPITAL GROUP HOLDINGS, LLC | Domestic Entity | NILE CAPITAL GROUP, LLC | MANAGING MEMBER | 09/2019 | |
| BRANDON, HENRY, JEFFERSON | Individual | – | CHIEF FINANCIAL OFFICER | 01/2021 | < 5% |
| GERBEREUX, HUYEN, KIM | Individual | – | DIRECTOR | 03/2021 | < 5% |
| CALLEN, JOHN, CHRISTOPHER | Individual | – | CHIEF COMPLIANCE OFFICER | 07/2022 | < 5% |
| ABITZ SCHWALENBERG, AMY, KRISTINA | Individual | – | CHIEF OPERATING OFFICER | 12/2023 | < 5% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed August 1st, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| ABBOTT LABS | COM | 314K | 3K | – |
| ABBVIE INC | COM | 5M | 29K | – |
| ABERCROMBIE & FITCH CO | CL A | 591K | 3K | – |
| ACCENTURE PLC IRELAND | SHS CLASS A | 1M | 5K | – |
| ACI WORLDWIDE INC | COM | 1M | 28K | – |
| ADOBE INC | COM | 388K | 699 | – |
| ADVANCED MICRO DEVICES INC | COM | 408K | 3K | – |
| AFFILIATED MANAGERS GROUP IN | COM | 1M | 9K | – |
| ALLETE INC | COM NEW | 940K | 15K | – |
| ALLSTATE CORP | COM | 839K | 5K | – |
| ALPHA METALLURGICAL RESOUR I | COM | 625K | 2K | – |
| ALPHABET INC | CAP STK CL A | 7M | 38K | – |
| ALPHABET INC | CAP STK CL C | 6M | 32K | – |
| ALTRIA GROUP INC | COM | 3M | 75K | – |
| AMAZON COM INC | COM | 9M | 44K | – |
| AMERICAN EXPRESS CO | COM | 1M | 5K | – |
| AMERICAN INTL GROUP INC | COM NEW | 255K | 3K | – |
| AMGEN INC | COM | 4M | 11K | – |
| AMNEAL PHARMACEUTICALS INC | COM STK CL A | 909K | 143K | – |
| AMPHENOL CORP NEW | CL A | 3M | 38K | – |
| APPFOLIO INC | COM CL A | 262K | 1K | – |
| APPLE INC | COM | 6M | 29K | – |
| APPLIED INDL TECHNOLOGIES IN | COM | 885K | 5K | – |
| APPLIED MATLS INC | COM | 4M | 17K | – |
| APPLOVIN CORP | COM CL A | 3M | 34K | – |
| ARISTA NETWORKS INC | COM | 3M | 9K | – |
| AT&T INC | COM | 4M | 186K | – |
| AVISTA CORP | COM | 717K | 21K | – |
| BANK AMERICA CORP | COM | 3M | 83K | – |
| BANK NEW YORK MELLON CORP | COM | 2M | 38K | – |
| BELLRING BRANDS INC | COMMON STOCK | 1M | 20K | – |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 1M | 3K | – |
| BLACK HILLS CORP | COM | 860K | 16K | – |
| BLOCK H & R INC | COM | 2M | 30K | – |
| BLOCK INC | CL A | 804K | 12K | – |
| BOISE CASCADE CO DEL | COM | 608K | 5K | – |
| BOOKING HOLDINGS INC | COM | 725K | 183 | – |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 708K | 5K | – |
| BREAD FINANCIAL HOLDINGS INC | COM | 705K | 16K | – |
| BRINKS CO | COM | 651K | 6K | – |
| BROADCOM INC | COM | 4M | 3K | – |
| BUNGE GLOBAL SA | COM SHS | 1M | 10K | – |
| CADENCE DESIGN SYSTEM INC | COM | 229K | 743 | – |
| CAPITAL ONE FINL CORP | COM | 2M | 11K | – |
| CARDINAL HEALTH INC | COM | 2M | 17K | – |
| CARVANA CO | CL A | 2M | 16K | – |
| CATERPILLAR INC | COM | 3M | 9K | – |
| CAVA GROUP INC | COM | 208K | 2K | – |
| CENCORA INC | COM | 1M | 5K | – |
| CENTENE CORP DEL | COM | 566K | 9K | – |
| CHEVRON CORP NEW | COM | 3M | 17K | – |
| CHUBB LIMITED | COM | 261K | 1K | – |
| CISCO SYS INC | COM | 2M | 45K | – |
| CITIGROUP INC | COM NEW | 2M | 25K | – |
| CME GROUP INC | COM | 1M | 5K | – |
| CNA FINL CORP | COM | 660K | 14K | – |
| COCA COLA CO | COM | 2M | 24K | – |
| COINBASE GLOBAL INC | COM CL A | 1M | 6K | – |
| COMCAST CORP NEW | CL A | 1M | 29K | – |
| COMMVAULT SYS INC | COM | 2M | 16K | – |
| CONOCOPHILLIPS | COM | 346K | 3K | – |
| CONSTRUCTION PARTNERS INC | COM CL A | 514K | 9K | – |
| COREBRIDGE FINL INC | COM | 2M | 73K | – |
| CORNING INC | COM | 811K | 21K | – |
| COSTCO WHSL CORP NEW | COM | 766K | 902 | – |
| CROWDSTRIKE HLDGS INC | CL A | 2M | 6K | – |
| CVS HEALTH CORP | COM | 358K | 6K | – |
| DANAHER CORPORATION | COM | 267K | 1K | – |
| DAVITA INC | COM | 758K | 5K | – |
| DECKERS OUTDOOR CORP | COM | 304K | 314 | – |
| DEERE & CO | COM | 216K | 578 | – |
| DISNEY WALT CO | COM | 313K | 3K | – |
| DOCUSIGN INC | COM | 1M | 26K | – |
| DOMINOS PIZZA INC | COM | 719K | 1K | – |
| DOXIMITY INC | CL A | 358K | 13K | – |
| DRAFTKINGS INC NEW | COM CL A | 542K | 14K | – |
| DYCOM INDS INC | COM | 875K | 5K | – |
| EAGLE MATLS INC | COM | 457K | 2K | – |
| EATON CORP PLC | SHS | 296K | 944 | – |
| EBAY INC. | COM | 153K | 3K | – |
| EDISON INTL | COM | 1M | 16K | – |
| ELEVANCE HEALTH INC | COM | 372K | 687 | – |
| ELI LILLY & CO | COM | 2M | 2K | – |
| EMCOR GROUP INC | COM | 1M | 3K | – |
| EQUITY RESIDENTIAL | SH BEN INT | 669K | 10K | – |
| EURONET WORLDWIDE INC | COM | 683K | 7K | – |
| EXXON MOBIL CORP | COM | 5M | 42K | – |
| F&G ANNUITIES & LIFE INC | COMMON STOCK | 205K | 5K | – |
| FASTENAL CO | COM | 1M | 17K | – |
| FEDEX CORP | COM | 875K | 3K | – |
| FIFTH THIRD BANCORP | COM | 3M | 69K | – |
| FORD MTR CO DEL | COM | 1M | 98K | – |
| FREEPORT-MCMORAN INC | CL B | 842K | 17K | – |
| FRONTDOOR INC | COM | 712K | 21K | – |
| GAMING & LEISURE PPTYS INC | COM | 1M | 24K | – |
| GARMIN LTD | SHS | 2M | 12K | – |
| GE AEROSPACE | COM NEW | 283K | 2K | – |
| GENERAL MTRS CO | COM | 1M | 30K | – |
| GILEAD SCIENCES INC | COM | 3M | 51K | – |
| GODADDY INC | CL A | 2M | 16K | – |
| GOLDMAN SACHS GROUP INC | COM | 394K | 872 | – |
| GRAND CANYON ED INC | COM | 338K | 2K | – |
| GRANITE CONSTR INC | COM | 745K | 12K | – |
| GRIFFON CORP | COM | 670K | 10K | – |
| HALOZYME THERAPEUTICS INC | COM | 1M | 26K | – |
| HCA HEALTHCARE INC | COM | 287K | 892 | – |
| HEALTHEQUITY INC | COM | 1M | 12K | – |
| HEWLETT PACKARD ENTERPRISE C | COM | 2M | 113K | – |
| HIMS & HERS HEALTH INC | COM CL A | 945K | 47K | – |
| HOME DEPOT INC | COM | 4M | 11K | – |
| HONEYWELL INTL INC | COM | 1M | 6K | – |
| ICON PLC | SHS | 1M | 4K | – |
| IES HLDGS INC | COM | 818K | 6K | – |
| INCYTE CORP | COM | 226K | 4K | – |
| INNOVATIVE INDL PPTYS INC | COM | 2M | 19K | – |
| INSTALLED BLDG PRODS INC | COM | 427K | 2K | – |
| INTEL CORP | COM | 276K | 9K | – |
| INTERNATIONAL BUSINESS MACHS | COM | 6M | 33K | – |
| INTERNATIONAL PAPER CO | COM | 1M | 34K | – |
| INTUIT | COM | 277K | 422 | – |
| INTUITIVE SURGICAL INC | COM NEW | 200K | 450 | – |
| ITRON INC | COM | 374K | 4K | – |
| JACOBS SOLUTIONS INC | COM | 376K | 3K | – |
| JANUS HENDERSON GROUP PLC | ORD SHS | 978K | 29K | – |
| JOHNSON & JOHNSON | COM | 2M | 14K | – |
| JPMORGAN CHASE & CO. | COM | 4M | 22K | – |
| KIMBERLY-CLARK CORP | COM | 2M | 13K | – |
| KLA CORP | COM NEW | 208K | 252 | – |
| KNIFE RIVER CORP | COMMON STOCK | 628K | 9K | – |
| KYNDRYL HLDGS INC | COMMON STOCK | 669K | 25K | – |
| LAM RESEARCH CORP | COM | 308K | 289 | – |
| LANTHEUS HLDGS INC | COM | 741K | 9K | – |
| LEIDOS HOLDINGS INC | COM | 648K | 4K | – |
| LENNAR CORP | CL A | 772K | 5K | – |
| LINDE PLC | SHS | 295K | 672 | – |
| LOCKHEED MARTIN CORP | COM | 2M | 4K | – |
| LOWES COS INC | COM | 367K | 2K | – |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | 1M | 13K | – |
| MANPOWERGROUP INC WIS | COM | 315K | 5K | – |
| MARATHON OIL CORP | COM | 605K | 21K | – |
| MARATHON PETE CORP | COM | 2M | 9K | – |
| MASTERCARD INCORPORATED | CL A | 594K | 1K | – |
| MCDONALDS CORP | COM | 307K | 1K | – |
| MCKESSON CORP | COM | 2M | 3K | – |
| MEDTRONIC PLC | SHS | 2M | 22K | – |
| MERCK & CO INC | COM | 3M | 26K | – |
| META PLATFORMS INC | CL A | 5M | 9K | – |
| METLIFE INC | COM | 1M | 16K | – |
| MGM RESORTS INTERNATIONAL | COM | 661K | 15K | – |
| MICRON TECHNOLOGY INC | COM | 4M | 31K | – |
| MICROSOFT CORP | COM | 12M | 28K | – |
| MORGAN STANLEY | COM NEW | 1M | 12K | – |
| MUELLER INDS INC | COM | 885K | 16K | – |
| MURPHY USA INC | COM | 1M | 3K | – |
| NATERA INC | COM | 303K | 3K | – |
| NATIONAL STORAGE AFFILIATES | COM SHS BEN IN | 615K | 15K | – |
| NETAPP INC | COM | 5M | 42K | – |
| NETFLIX INC | COM | 2M | 2K | – |
| NEWMONT CORP | COM | 816K | 19K | – |
| NEXTERA ENERGY INC | COM | 934K | 13K | – |
| NORTHWESTERN ENERGY GROUP IN | COM NEW | 1M | 21K | – |
| NRG ENERGY INC | COM NEW | 758K | 10K | – |
| NU HLDGS LTD | ORD SHS CL A | 929K | 72K | – |
| NUTANIX INC | CL A | 1M | 24K | – |
| NVIDIA CORPORATION | COM | 11M | 93K | – |
| ORACLE CORP | COM | 482K | 3K | – |
| ORGANON & CO | COMMON STOCK | 1M | 63K | – |
| OWENS CORNING NEW | COM | 1M | 6K | – |
| PAGSEGURO DIGITAL LTD | COM CL A | 1M | 91K | – |
| PARKER-HANNIFIN CORP | COM | 206K | 408 | – |
| PBF ENERGY INC | CL A | 1M | 24K | – |
| PEPSICO INC | COM | 453K | 3K | – |
| PFIZER INC | COM | 535K | 19K | – |
| PHILIP MORRIS INTL INC | COM | 881K | 9K | – |
| PHILLIPS 66 | COM | 3M | 18K | – |
| PILGRIMS PRIDE CORP | COM | 1M | 28K | – |
| PINNACLE WEST CAP CORP | COM | 712K | 9K | – |
| PINTEREST INC | CL A | 1M | 25K | – |
| PNC FINL SVCS GROUP INC | COM | 917K | 6K | – |
| PROCTER AND GAMBLE CO | COM | 2M | 11K | – |
| PROGRESSIVE CORP | COM | 743K | 4K | – |
| PRUDENTIAL FINL INC | COM | 2M | 19K | – |
| PUBLIC STORAGE OPER CO | COM | 966K | 3K | – |
| PURE STORAGE INC | CL A | 886K | 14K | – |
| QUALCOMM INC | COM | 6M | 32K | – |
| RAYONIER INC | COM | 741K | 25K | – |
| REGENERON PHARMACEUTICALS | COM | 201K | 191 | – |
| REINSURANCE GRP OF AMERICA I | COM NEW | 840K | 4K | – |
| RESIDEO TECHNOLOGIES INC | COM | 740K | 38K | – |
| ROBINHOOD MKTS INC | COM CL A | 103K | 5K | – |
| RTX CORPORATION | COM | 2M | 16K | – |
| S&P GLOBAL INC | COM | 250K | 562 | – |
| SALESFORCE INC | COM | 429K | 2K | – |
| SCORPIO TANKERS INC | SHS | 963K | 12K | – |
| SEI INVTS CO | COM | 1M | 18K | – |
| SERVICENOW INC | COM | 201K | 256 | – |
| SIMON PPTY GROUP INC NEW | COM | 2M | 11K | – |
| SIRIUS XM HOLDINGS INC | COM | 29K | 10K | – |
| SKYWEST INC | COM | 969K | 12K | – |
| SOUTHERN COPPER CORP | COM | 1M | 11K | – |
| SPOTIFY TECHNOLOGY S A | SHS | 1M | 4K | – |
| STAG INDL INC | COM | 2M | 44K | – |
| STATE STR CORP | COM | 1M | 17K | – |
| STEEL DYNAMICS INC | COM | 567K | 4K | – |
| STERLING INFRASTRUCTURE INC | COM | 866K | 7K | – |
| STONEX GROUP INC | COM | 1M | 16K | – |
| SUPER MICRO COMPUTER INC | COM | 533K | 651 | – |
| SYLVAMO CORP | COMMON STOCK | 682K | 10K | – |
| SYNCHRONY FINANCIAL | COM | 3M | 57K | – |
| TANGER INC | COM | 333K | 12K | – |
| TARGET CORP | COM | 227K | 2K | – |
| TEEKAY TANKERS LTD | CL A | 958K | 14K | – |
| TENET HEALTHCARE CORP | COM NEW | 1M | 8K | – |
| TESLA INC | COM | 648K | 3K | – |
| TEXAS INSTRS INC | COM | 304K | 2K | – |
| THE CIGNA GROUP | COM | 378K | 1K | – |
| THERMO FISHER SCIENTIFIC INC | COM | 364K | 657 | – |
| TJX COS INC NEW | COM | 256K | 2K | – |
| T-MOBILE US INC | COM | 273K | 2K | – |
| TOPBUILD CORP | COM | 447K | 1K | – |
| TRANE TECHNOLOGIES PLC | SHS | 231K | 703 | – |
| TRAVEL PLUS LEISURE CO | COM | 706K | 16K | – |
| TYSON FOODS INC | CL A | 2M | 30K | – |
| UBER TECHNOLOGIES INC | COM | 592K | 8K | – |
| UMB FINL CORP | COM | 893K | 11K | – |
| UNION PAC CORP | COM | 1M | 5K | – |
| UNITED PARCEL SERVICE INC | CL B | 2M | 13K | – |
| UNITEDHEALTH GROUP INC | COM | 1M | 2K | – |
| UNIVERSAL HLTH SVCS INC | CL B | 796K | 4K | – |
| UNUM GROUP | COM | 844K | 17K | – |
| US BANCORP DEL | COM NEW | 203K | 5K | – |
| VALERO ENERGY CORP | COM | 3M | 21K | – |
| VERIZON COMMUNICATIONS INC | COM | 2M | 60K | – |
| VERTEX PHARMACEUTICALS INC | COM | 260K | 555 | – |
| VERTIV HOLDINGS CO | COM CL A | 910K | 11K | – |
| VIATRIS INC | COM | 774K | 73K | – |
| VICTORY CAP HLDGS INC | COM CL A | 309K | 6K | – |
| VISA INC | COM CL A | 676K | 3K | – |
| VISTRA CORP | COM | 2M | 22K | – |
| WALMART INC | COM | 5M | 77K | – |
| WELLS FARGO CO NEW | COM | 3M | 53K | – |