We are live on ! Find out more
CAM

Covenant Asset Management Portfolio holdings

AUM $595M
1-Year Est. Return 38.14%
This Fund
S&P 500
This Quarter Est. Return
+13.3%
1 Year Est. Return
+38.14%
3 Year Est. Return
+158.45%
5 Year Est. Return
+212.83%
10 Year Est. Return
–
AUM
$394M
AUM Growth
-$26.1M
Cap. Flow
-$48.1M
Cap. Flow %
-12.2%
Top 10 Hldgs %
31.57%
Holding
175
New
1
Increased
56
Reduced
41
Closed
8

Top Buys

Rank Stock Value
1
TDG icon
TransDigm Group
TDG
+$3.38M
2
ISRG icon
Intuitive Surgical
ISRG
+$3.01M
3
REGN icon
Regeneron Pharmaceuticals
REGN
+$2.93M
4
IDXX icon
Idexx Laboratories
IDXX
+$1.5M
5
NOW icon
ServiceNow
NOW
+$1.31M

Top Sells

Rank Stock Value
1
UTHR icon
United Therapeutics
UTHR
+$3.14M
2
RTX icon
RTX Corp
RTX
+$2.38M
3
STAA icon
STAAR Surgical
STAA
+$2.12M
4
URI icon
United Rentals
URI
+$1.87M
5
GNRC icon
Generac Holdings
GNRC
+$1.83M

Sector Composition

Rank Sector Weight
1 Technology 34.9%
2 Healthcare 12.99%
3 Industrials 8.37%
4 Consumer Discretionary 7.56%
5 Communication Services 6.57%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PEP icon
101
PepsiCo
PEP
$196B
$656K 0.17%
3,543
– –
AMLP icon
102
Alerian MLP ETF
AMLP
$12.9B
$646K 0.16%
16,482
+20
+0.1% +$776
IYR icon
103
iShares US Real Estate ETF
IYR
$4.75B
$645K 0.16%
7,451
-111
-1% -$9.32K
PANW icon
104
CALL
Palo Alto Networks
PANW
$256B
– –
0
– –
RTX icon
105
RTX Corp
RTX
$290B
$615K 0.16%
6,280
-24,304
-79% -$2.38M
TSLA icon
106
Tesla
TSLA
$1.18T
$615K 0.16%
2,348
– –
BYM
107
DELISTED
BlackRock Municipal Income Quality Trust
BYM
$609K 0.15%
54,155
– –
VZ icon
108
Verizon
VZ
$197B
$596K 0.15%
16,038
-958
-6% -$35.5K
BBY icon
109
Best Buy
BBY
$19B
$586K 0.15%
7,145
+131
+2% +$9.79K
AMD icon
110
CALL
Advanced Micro Devices
AMD
$700B
– –
0
– –
AMD icon
111
PUT
Advanced Micro Devices
AMD
$700B
– –
0
– –
VIG icon
112
Vanguard Dividend Appreciation ETF
VIG
$111B
$555K 0.14%
3,416
– –
VYM icon
113
Vanguard High Dividend Yield ETF
VYM
$80.8B
$527K 0.13%
4,972
– –
TD icon
114
Toronto Dominion Bank
TD
$193B
$520K 0.13%
8,392
-100
-1% -$6.02K
ABT icon
115
Abbott
ABT
$187B
$500K 0.13%
4,583
– –
PWB icon
116
Invesco Large Cap Growth ETF
PWB
$2.17B
$491K 0.12%
6,951
– –
PTY icon
117
PIMCO Corporate & Income Opportunity Fund
PTY
$2.46B
$459K 0.12%
32,762
– –
BTT icon
118
BlackRock Municipal 2030 Target Term Trust
BTT
$1.44B
$454K 0.12%
21,860
– –
AXP icon
119
American Express
AXP
$224B
$429K 0.11%
2,461
– –
XYZ
120
Block Inc
XYZ
$48.9B
$418K 0.11%
6,281
-1,757
-22% -$110K
PG icon
121
Procter & Gamble
PG
$340B
$412K 0.1%
2,716
-61
-2% -$9.19K
DGRW icon
122
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$16.5B
$399K 0.1%
5,993
+405
+7% +$25.7K
COIN icon
123
Coinbase
COIN
$42.2B
$389K 0.1%
5,430
– –
MKC icon
124
McCormick & Company Non-Voting
MKC
$14B
$386K 0.1%
4,430
– –
MMP
125
DELISTED
Magellan Midstream Partners, L.P.
MMP
$386K 0.1%
6,195
– –
3 4
5
6 7

Similar funds

BCM
Bornite Capital Management New York $595M AUM 59.2% 1-Year Est. Return
ESL
Endurance Services Ltd Purchase, New York $594M AUM 8.77% 1-Year Est. Return
BWP
Balboa Wealth Partners Scottsdale, Arizona $596M AUM 40.89% 1-Year Est. Return
AIP
Almanack Investment Partners Wayne, Pennsylvania $592M AUM 25.27% 1-Year Est. Return
1WCM
12 West Capital Management New York $592M AUM 40.75% 1-Year Est. Return
TAIM
Te Ahumairangi Investment Management Wellington, New Zealand $597M AUM 16.88% 1-Year Est. Return
ECM
Estuary Capital Management Wayzata, Minnesota $598M AUM 1.72% 1-Year Est. Return
FSG
Financial Strategies Group Okemos, Michigan $598M AUM 12.52% 1-Year Est. Return

Covenant Asset Management's Q2 2023 Portfolio in Review

As of Q2 2023, Covenant Asset Management held 175 positions worth $394M, down 6.2% from $420M the previous quarter. Its ten largest holdings account for 32% of the portfolio.

Covenant Asset Management withdrew a net $48.1M in Q2 2023, closing 8 positions and reducing 41 holdings. Its most notable exit was United Therapeutics, an estimated $3.14M position sold in full.

By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 28% a quarter earlier, followed by Healthcare and Industrials.

Against the trend, Covenant Asset Management opened a new position in TransDigm Group worth $3.82M.

  • Covenant Asset Management's largest Q2 2023 buy was TransDigm Group: 4,274 shares worth $3.82M.
  • Covenant Asset Management added most to Intuitive Surgical in Q2 2023, an estimated $3.01M increase.
  • Covenant Asset Management's biggest Q2 2023 reduction was RTX Corp, cutting an estimated $2.38M.
  • Covenant Asset Management fully exited United Therapeutics in Q2 2023, selling an estimated $3.14M.
  • Covenant Asset Management's ten largest holdings make up 32% of its $394M portfolio in Q2 2023.
  • Covenant Asset Management opened 1 new position and closed 8 in Q2 2023.
  • Covenant Asset Management's portfolio value fell 6.2% quarter-over-quarter to $394M.

Based on Covenant Asset Management's 13F filing for Q2 2023, filed 12 Jul 2023.