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
-11.63%
1 Year Est. Return
+38.14%
3 Year Est. Return
+158.45%
5 Year Est. Return
+212.83%
10 Year Est. Return
–
AUM
$332M
AUM Growth
+$103M
Cap. Flow
+$148M
Cap. Flow %
44.69%
Top 10 Hldgs %
51.8%
Holding
158
New
15
Increased
63
Reduced
42
Closed
19

Top Buys

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$2.22M
2
BA icon
Boeing
BA
+$1.76M
3
TRU icon
TransUnion
TRU
+$1.72M
4
VO icon
Vanguard Morningstar Mid-Cap ETF
VO
+$1.02M
5
BAH icon
Booz Allen Hamilton
BAH
+$940K

Top Sells

Rank Stock Value
1
PANW icon
Palo Alto Networks
PANW
+$2.47M
2
LNG icon
Cheniere Energy
LNG
+$2.18M
3
MKTX icon
MarketAxess Holdings
MKTX
+$1.67M
4
INCY icon
Incyte
INCY
+$1.58M
5
NFLX icon
Netflix
NFLX
+$1.06M

Sector Composition

Rank Sector Weight
1 Technology 16.39%
2 Healthcare 10.75%
3 Communication Services 5.39%
4 Industrials 4.89%
5 Consumer Discretionary 4.17%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LIN icon
151
Linde
LIN
$223B
– –
-1,225
Closed -$261K
LNG icon
152
Cheniere Energy
LNG
$54.4B
– –
-35,736
Closed -$2.18M
MKTX icon
153
MarketAxess Holdings
MKTX
$5.72B
– –
-4,412
Closed -$1.67M
PRLB icon
154
Protolabs
PRLB
$1.89B
– –
-2,501
Closed -$254K
PSX icon
155
Phillips 66
PSX
$84.1B
– –
-2,450
Closed -$273K
UAA icon
156
Under Armour
UAA
$2.89B
– –
-14,664
Closed -$317K
VFC icon
157
VF Corp
VFC
$5.92B
– –
-2,197
Closed -$219K
VWO icon
158
Vanguard FTSE Emerging Markets ETF
VWO
$121B
– –
-4,619
Closed -$205K
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
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
LBIM
Land & Buildings Investment Management Stamford, Connecticut $591M AUM 10.19% 1-Year Est. Return

Covenant Asset Management's Q1 2020 Portfolio in Review

As of Q1 2020, Covenant Asset Management held 158 positions worth $332M, up 45% from $228M the previous quarter. Its ten largest holdings account for 52% of the portfolio.

Covenant Asset Management deployed $148M of net new capital in Q1 2020, opening 15 new positions and adding to 63 existing holdings. Its largest new stake was TransUnion: 19,972 shares worth $1.32M.

By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 26% a quarter earlier, followed by Healthcare and Communication Services.

On the sell side, the largest reduction was Palo Alto Networks, an estimated $2.47M trimmed.

  • Covenant Asset Management's largest Q1 2020 buy was TransUnion: 19,972 shares worth $1.32M.
  • Covenant Asset Management added most to Microsoft in Q1 2020, an estimated $2.22M increase.
  • Covenant Asset Management's biggest Q1 2020 reduction was Palo Alto Networks, cutting an estimated $2.47M.
  • Covenant Asset Management fully exited Cheniere Energy in Q1 2020, selling an estimated $2.18M.
  • Covenant Asset Management's ten largest holdings make up 52% of its $332M portfolio in Q1 2020.
  • Covenant Asset Management opened 15 new positions and closed 19 in Q1 2020.
  • Covenant Asset Management's portfolio value rose 45% quarter-over-quarter to $332M.

Based on Covenant Asset Management's 13F filing for Q1 2020, filed 22 Apr 2020.