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
IJH icon
151
iShares Core S&P Mid-Cap ETF
IJH
$121B
$217K 0.05%
4,140
– –
GCC icon
152
WisdomTree Enhanced Commodity Strategy Fund
GCC
$270M
$200K 0.05%
11,710
– –
QYLD icon
153
Global X NASDAQ-100 Covered Call ETF
QYLD
$7.88B
$183K 0.05%
10,290
– –
HYB
154
DELISTED
New America High Income Fund, Inc.
HYB
$75.1K 0.02%
11,300
– –
AMZN icon
155
PUT
Amazon
AMZN
$2.44T
– –
0
– -$258K
ASML icon
156
CALL
ASML
ASML
$596B
– –
0
– -$10.6M
AVGO icon
157
CALL
Broadcom
AVGO
$1.76T
– –
0
– -$15.1M
BA icon
158
CALL
Boeing
BA
$169B
– –
0
– -$2.12M
BA icon
159
PUT
Boeing
BA
$169B
– –
0
– -$3.19M
CCI icon
160
Crown Castle
CCI
$34.6B
– –
-1,695
Closed -$227K
DE icon
161
PUT
Deere & Co
DE
$165B
– –
0
– -$6.61M
ENPH icon
162
PUT
Enphase Energy
ENPH
$4.62B
– –
0
– -$252K
EOG icon
163
PUT
EOG Resources
EOG
$77.7B
– –
0
– -$344K
GNRC icon
164
Generac Holdings
GNRC
$11.5B
– –
-16,943
Closed -$1.83M
GOOGL icon
165
PUT
Alphabet (Google) Class A
GOOGL
$4.12T
– –
0
– -$207K
MMM icon
166
3M
MMM
$91.8B
– –
-2,278
Closed -$200K
NOW icon
167
PUT
ServiceNow
NOW
$120B
– –
0
– -$1.25M
PYPL icon
168
PayPal
PYPL
$50.3B
– –
-8,077
Closed -$613K
SEDG icon
169
CALL
SolarEdge
SEDG
$2.37B
– –
0
– -$1.58M
SPY icon
170
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$771B
– –
0
– -$5.12M
STAA icon
171
STAAR Surgical
STAA
$1.19B
– –
-33,196
Closed -$2.12M
STAA icon
172
PUT
STAAR Surgical
STAA
$1.19B
– –
0
– -$249K
URI icon
173
United Rentals
URI
$65.7B
– –
-4,721
Closed -$1.87M
UTHR icon
174
United Therapeutics
UTHR
$26.1B
– –
-14,010
Closed -$3.14M
VCIT icon
175
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
– –
-3,037
Closed -$244K
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.