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
-1.87%
1 Year Est. Return
+38.14%
3 Year Est. Return
+158.45%
5 Year Est. Return
+212.83%
10 Year Est. Return
–
AUM
$199M
AUM Growth
+$6.35M
(+3.3%)
Cap. Flow
+$15.5M
Cap. Flow
% of AUM
7.79%
Top 10 Holdings %
Top 10 Hldgs %
29.25%
Holding
147
New
11
Increased
68
Reduced
26
Closed
10
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ciena
CIEN
|
+$2.31M |
| 2 |
BYM
BlackRock Municipal Income Quality Trust
BYM
|
+$2.3M |
| 3 |
ENV
ENVESTNET, INC.
ENV
|
+$2.11M |
| 4 |
Shopify
SHOP
|
+$1.72M |
| 5 |
IQVIA
IQV
|
+$1.69M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PRAH
PRA Health Sciences, Inc.
PRAH
|
+$1.64M |
| 2 |
ACIA
Acacia Communications Inc
ACIA
|
+$1.63M |
| 3 |
EOG Resources
EOG
|
+$1.54M |
| 4 |
Palo Alto Networks
PANW
|
+$1.47M |
| 5 |
Netflix
NFLX
|
+$1.32M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.05% |
| 2 | Healthcare | 17.56% |
| 3 | Communication Services | 9.57% |
| 4 | Financials | 7.89% |
| 5 | Industrials | 7.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
Invesco QQQ Trust
QQQ
$464B
| $8.57M | 4.3% |
45,400
+43,900
| +2,927% | +$8.32M |
|
2
Amazon
AMZN
$2.68T
| $8.52M | 4.28% |
98,140
+1,700
| +2% | +$158K |
|
3
Microsoft
MSFT
$2.98T
| $8.23M | 4.13% |
59,186
+435
| +0.7% | +$59.8K |
|
4
Apple
AAPL
$4.81T
| $6.66M | 3.34% |
118,984
+1,692
| +1% | +$88.5K |
|
5
Merck
MRK
$309B
| $5.12M | 2.57% |
63,765
| – | – |
|
6
Meta Platforms (Facebook)
META
$1.65T
| $5.07M | 2.55% |
28,490
-196
| -0.7% | -$37.3K |
|
7
Visa
V
$687B
| $4.67M | 2.35% |
27,166
+479
| +2% | +$85.3K |
|
8
Alphabet (Google) Class A
GOOGL
$4.3T
| $4.67M | 2.34% |
76,440
+140
| +0.2% | +$8.29K |
|
9
Trade Desk
TTD
$8.78B
| $3.54M | 1.78% |
188,830
+3,050
| +2% | +$72.6K |
|
10
Vertex Pharmaceuticals
VRTX
$122B
| $3.2M | 1.61% |
18,868
+446
| +2% | +$78.9K |
|
11
Boeing
BA
$166B
| $3.19M | 1.6% |
8,370
+318
| +4% | +$114K |
|
12
PayPal
PYPL
$50.1B
| $2.98M | 1.5% |
28,792
+2,089
| +8% | +$230K |
|
|
ENV
13
DELISTED
ENVESTNET, INC.
ENV
| $2.97M | 1.49% |
52,433
+33,395
| +175% | +$2.11M |
|
14
Automatic Data Processing
ADP
$102B
| $2.95M | 1.48% |
18,251
+910
| +5% | +$150K |
|
15
Intuit
INTU
$80.3B
| $2.89M | 1.45% |
10,873
+333
| +3% | +$91.6K |
|
|
16
Palo Alto Networks
PANW
$290B
| $2.88M | 1.44% |
84,660
-41,442
| -33% | -$1.47M |
|
|
17
Shopify
SHOP
$164B
| $2.84M | 1.43% |
91,120
+50,310
| +123% | +$1.72M |
|
|
XYZ
18
Block Inc
XYZ
$47.5B
| $2.69M | 1.35% |
43,358
+2,292
| +6% | +$156K |
|
19
Adobe
ADBE
$93.4B
| $2.67M | 1.34% |
9,685
-4,107
| -30% | -$1.2M |
|
20
Illumina
ILMN
$27.9B
| $2.56M | 1.28% |
8,633
+876
| +11% | +$258K |
|
21
Old Dominion Freight Line
ODFL
$48.2B
| $2.53M | 1.27% |
44,694
+900
| +2% | +$48.8K |
|
|
22
Netflix
NFLX
$284B
| $2.52M | 1.26% |
94,130
-42,180
| -31% | -$1.32M |
|
23
Workday
WDAY
$36.2B
| $2.39M | 1.2% |
14,070
+369
| +3% | +$71.2K |
|
24
Qualcomm
QCOM
$181B
| $2.35M | 1.18% |
30,802
+2,469
| +9% | +$186K |
|
|
BYM
25
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $2.32M | 1.16% |
+163,871
| New | +$2.3M |
|
Similar funds
PJSIMP
BCM
ESL
LOWM
BWP
AIP
1WCM
TAIM
Covenant Asset Management's Q3 2019 Portfolio in Review
As of Q3 2019, Covenant Asset Management held 147 positions worth $199M, up 3.3% from $193M the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Covenant Asset Management deployed $15.5M of net new capital in Q3 2019, opening 11 new positions and adding to 68 existing holdings. Its largest new stake was Ciena: 55,071 shares worth $2.16M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Healthcare and Communication Services.
On the sell side, the largest reduction was EOG Resources, an estimated $1.54M trimmed.
- Covenant Asset Management's largest Q3 2019 buy was Ciena: 55,071 shares worth $2.16M.
- Covenant Asset Management added most to ENVESTNET, INC. in Q3 2019, an estimated $2.11M increase.
- Covenant Asset Management's biggest Q3 2019 reduction was EOG Resources, cutting an estimated $1.54M.
- Covenant Asset Management fully exited PRA Health Sciences, Inc. in Q3 2019, selling an estimated $1.64M.
- Covenant Asset Management's ten largest holdings make up 29% of its $199M portfolio in Q3 2019.
- Covenant Asset Management opened 11 new positions and closed 10 in Q3 2019.
- Covenant Asset Management's portfolio value rose 3.3% quarter-over-quarter to $199M.
Based on Covenant Asset Management's 13F filing for Q3 2019, filed 18 Oct 2019.