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
+3.77%
1 Year Est. Return
+38.14%
3 Year Est. Return
+158.45%
5 Year Est. Return
+212.83%
10 Year Est. Return
–
AUM
$636M
AUM Growth
+$7.31M
Cap. Flow
-$21.2M
Cap. Flow %
-3.33%
Top 10 Hldgs %
40.42%
Holding
177
New
5
Increased
42
Reduced
59
Closed
6

Top Buys

Rank Stock Value
1
JEF icon
Jefferies Financial Group
JEF
+$3.08M
2
SPOT icon
Spotify
SPOT
+$3.04M
3
TW icon
Tradeweb Markets
TW
+$3.03M
4
AMD icon
Advanced Micro Devices
AMD
+$1.57M
5
NFLX icon
Netflix
NFLX
+$1.16M

Top Sells

Rank Stock Value
1
DE icon
Deere & Co
DE
+$4.55M
2
NBIX icon
Neurocrine Biosciences
NBIX
+$3.9M
3
MEDP icon
Medpace
MEDP
+$3.69M
4
NVDA icon
NVIDIA
NVDA
+$1.74M
5
MCHP icon
Microchip Technology
MCHP
+$722K

Sector Composition

Rank Sector Weight
1 Technology 31.01%
2 Healthcare 8.31%
3 Communication Services 7.86%
4 Industrials 5.18%
5 Consumer Discretionary 4.64%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SNPS icon
176
CALL
Synopsys
SNPS
$74.4B
– –
0
– -$4.22M
SNPS icon
177
PUT
Synopsys
SNPS
$74.4B
– –
0
– -$4.22M
4 5 6 7
8

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 Q3 2024 Portfolio in Review

As of Q3 2024, Covenant Asset Management held 177 positions worth $636M, up 1.2% from $629M the previous quarter. Its ten largest holdings account for 40% of the portfolio.

Covenant Asset Management withdrew a net $21.2M in Q3 2024, closing 6 positions and reducing 59 holdings. Its most notable exit was Deere & Co, an estimated $4.55M position sold in full.

By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 32% a quarter earlier, followed by Healthcare and Communication Services.

Against the trend, Covenant Asset Management opened a new position in Jefferies Financial Group worth $3.34M.

  • Covenant Asset Management's largest Q3 2024 buy was Jefferies Financial Group: 54,216 shares worth $3.34M.
  • Covenant Asset Management added most to Advanced Micro Devices in Q3 2024, an estimated $1.57M increase.
  • Covenant Asset Management's biggest Q3 2024 reduction was NVIDIA, cutting an estimated $1.74M.
  • Covenant Asset Management fully exited Deere & Co in Q3 2024, selling an estimated $4.55M.
  • Covenant Asset Management's ten largest holdings make up 40% of its $636M portfolio in Q3 2024.
  • Covenant Asset Management opened 5 new positions and closed 6 in Q3 2024.
  • Covenant Asset Management's portfolio value rose 1.2% quarter-over-quarter to $636M.

Based on Covenant Asset Management's 13F filing for Q3 2024, filed 12 Nov 2024.