Convergence Investment Partners, LLC Buys Wyndham Destinations Inc, General Mills Inc, Whirlpool Corp, Sells Starbucks Corp, Garmin, Piedmont Office Realty Trust Inc

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Jan 22, 2020
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Leawood, KS, based Investment company Convergence Investment Partners, LLC (Current Portfolio) buys Wyndham Destinations Inc, General Mills Inc, Whirlpool Corp, LyondellBasell Industries NV, Facebook Inc, sells Starbucks Corp, Garmin, Piedmont Office Realty Trust Inc, The Interpublic Group of Inc, Manhattan Associates Inc during the 3-months ended 2019Q4, according to the most recent filings of the investment company, Convergence Investment Partners, LLC. As of 2019Q4, Convergence Investment Partners, LLC owns 221 stocks with a total value of $351 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. Apple Inc (AAPL) - 30,711 shares, 2.57% of the total portfolio. Shares reduced by 6.53%
  2. AT&T Inc (T) - 210,312 shares, 2.34% of the total portfolio. Shares reduced by 2.81%
  3. Microsoft Corp (MSFT) - 44,500 shares, 2.00% of the total portfolio. Shares reduced by 4.89%
  4. Cisco Systems Inc (CSCO) - 121,239 shares, 1.66% of the total portfolio. Shares added by 16.53%
  5. Verizon Communications Inc (VZ) - 93,161 shares, 1.63% of the total portfolio. Shares reduced by 1.59%
New Purchase: Wyndham Destinations Inc (WYND)

Convergence Investment Partners, LLC initiated holding in Wyndham Destinations Inc. The purchase prices were between $43.81 and $51.91, with an estimated average price of $47.93. The stock is now traded at around $52.14. The impact to a portfolio due to this purchase was 0.82%. The holding were 55,656 shares as of .

New Purchase: General Mills Inc (GIS)

Convergence Investment Partners, LLC initiated holding in General Mills Inc. The purchase prices were between $50 and $54.61, with an estimated average price of $52.68. The stock is now traded at around $53.98. The impact to a portfolio due to this purchase was 0.64%. The holding were 42,113 shares as of .

New Purchase: Whirlpool Corp (WHR)

Convergence Investment Partners, LLC initiated holding in Whirlpool Corp. The purchase prices were between $140.93 and $162.16, with an estimated average price of $150.77. The stock is now traded at around $146.69. The impact to a portfolio due to this purchase was 0.59%. The holding were 14,093 shares as of .

New Purchase: LyondellBasell Industries NV (LYB)

Convergence Investment Partners, LLC initiated holding in LyondellBasell Industries NV. The purchase prices were between $81.63 and $97.49, with an estimated average price of $91.82. The stock is now traded at around $86.64. The impact to a portfolio due to this purchase was 0.5%. The holding were 18,521 shares as of .

New Purchase: Schlumberger Ltd (SLB)

Convergence Investment Partners, LLC initiated holding in Schlumberger Ltd. The purchase prices were between $30.71 and $40.79, with an estimated average price of $35.85. The stock is now traded at around $36.68. The impact to a portfolio due to this purchase was 0.43%. The holding were 37,395 shares as of .

New Purchase: Mylan NV (MYL)

Convergence Investment Partners, LLC initiated holding in Mylan NV. The purchase prices were between $17.01 and $20.1, with an estimated average price of $18.63. The stock is now traded at around $21.79. The impact to a portfolio due to this purchase was 0.4%. The holding were 69,786 shares as of .

Added: Facebook Inc (FB)

Convergence Investment Partners, LLC added to a holding in Facebook Inc by 154.53%. The purchase prices were between $174.6 and $208.1, with an estimated average price of $194.27. The stock is now traded at around $221.32. The impact to a portfolio due to this purchase was 0.49%. The holding were 13,737 shares as of .

Added: Visa Inc (V)

Convergence Investment Partners, LLC added to a holding in Visa Inc by 207.46%. The purchase prices were between $169.83 and $189.39, with an estimated average price of $180.44. The stock is now traded at around $207.90. The impact to a portfolio due to this purchase was 0.42%. The holding were 11,576 shares as of .

Added: Accenture PLC (ACN)

Convergence Investment Partners, LLC added to a holding in Accenture PLC by 432.63%. The purchase prices were between $182.2 and $212.22, with an estimated average price of $195.34. The stock is now traded at around $209.41. The impact to a portfolio due to this purchase was 0.41%. The holding were 8,538 shares as of .

Added: Discovery Inc (DISCA)

Convergence Investment Partners, LLC added to a holding in Discovery Inc by 679.64%. The purchase prices were between $26.43 and $33.36, with an estimated average price of $30.27. The stock is now traded at around $32.03. The impact to a portfolio due to this purchase was 0.4%. The holding were 49,094 shares as of .

Added: Alphabet Inc (GOOGL)

Convergence Investment Partners, LLC added to a holding in Alphabet Inc by 104.36%. The purchase prices were between $1177.92 and $1362.47, with an estimated average price of $1292.54. The stock is now traded at around $1484.17. The impact to a portfolio due to this purchase was 0.36%. The holding were 1,827 shares as of .

Added: Charter Communications Inc (CHTR)

Convergence Investment Partners, LLC added to a holding in Charter Communications Inc by 533.81%. The purchase prices were between $410.75 and $485.73, with an estimated average price of $461.58. The stock is now traded at around $510.76. The impact to a portfolio due to this purchase was 0.36%. The holding were 3,131 shares as of .

Sold Out: Garmin Ltd (GRMN)

Convergence Investment Partners, LLC sold out a holding in Garmin Ltd. The sale prices were between $82.9 and $98.68, with an estimated average price of $93.54.

Sold Out: Piedmont Office Realty Trust Inc (PDM)

Convergence Investment Partners, LLC sold out a holding in Piedmont Office Realty Trust Inc. The sale prices were between $20.32 and $22.44, with an estimated average price of $21.56.

Sold Out: Manhattan Associates Inc (MANH)

Convergence Investment Partners, LLC sold out a holding in Manhattan Associates Inc. The sale prices were between $74.6 and $86.64, with an estimated average price of $79.59.

Sold Out: Sinclair Broadcast Group Inc (SBGI)

Convergence Investment Partners, LLC sold out a holding in Sinclair Broadcast Group Inc. The sale prices were between $30.42 and $42.66, with an estimated average price of $37.07.

Sold Out: Celgene Corp (CELG)

Convergence Investment Partners, LLC sold out a holding in Celgene Corp. The sale prices were between $97.62 and $110.41, with an estimated average price of $105.2.

Sold Out: Viacom Inc (VIAB)

Convergence Investment Partners, LLC sold out a holding in Viacom Inc. The sale prices were between $21.23 and $24.22, with an estimated average price of $22.76.



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