Convergence Expands Stakes Across U.S. Stocks
Convergence Investment Partners LLC has been actively adjusting its equity holdings across multiple companies. It increased its stake in Cencora (COR) by 31.6% to 7,789 shares. It trimmed its General Motors (GM) position by 25.1% to 37,454 shares. It expanded its stake in Cathay General Bancorp (CATY) by 42.5% to 44,316 shares. It lifted its position in Lear Corporation (LEA) by 27.2% to 31,440 shares. It also increased its stake in Cigna Group (CI) by 43.6% to 10,193 shares. These moves illustrate the fund’s diversified, proactive approach across sectors including healthcare, automotive parts, and financial services, alongside activity by other institutional investors in these names.
