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
+11.59%
1 Year Est. Return
+38.14%
3 Year Est. Return
+158.45%
5 Year Est. Return
+212.83%
10 Year Est. Return
–
AUM
$228M
AUM Growth
+$29.3M
(+15%)
Cap. Flow
+$10.2M
Cap. Flow
% of AUM
4.48%
Top 10 Holdings %
Top 10 Hldgs %
28.92%
Holding
154
New
17
Increased
40
Reduced
56
Closed
11
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ulta Beauty
ULTA
|
+$1.82M |
| 2 |
Qorvo
QRVO
|
+$1.81M |
| 3 |
KSU
Kansas City Southern
KSU
|
+$1.71M |
| 4 |
Biogen
BIIB
|
+$1.56M |
| 5 |
L3Harris
LHX
|
+$1.39M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Etsy
ETSY
|
+$1.97M |
| 2 |
IQVIA
IQV
|
+$1.82M |
| 3 |
XLNX
Xilinx Inc
XLNX
|
+$1.53M |
| 4 |
Protolabs
PRLB
|
+$1.44M |
| 5 |
Diamondback Energy
FANG
|
+$1.14M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.03% |
| 2 | Healthcare | 16.41% |
| 3 | Communication Services | 9.56% |
| 4 | Industrials | 7.85% |
| 5 | Financials | 7.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
CALL
Amazon
AMZN
$2.69T
| $9.24M | 4.04% |
+100,000
| New | +$8.85M |
|
2
Microsoft
MSFT
$2.99T
| $9.2M | 4.03% |
58,341
-845
| -1% | -$124K |
|
|
3
Amazon
AMZN
$2.69T
| $8.93M | 3.91% |
96,700
-1,440
| -1% | -$127K |
|
4
Apple
AAPL
$4.8T
| $8.6M | 3.76% |
117,084
-1,900
| -2% | -$122K |
|
5
Meta Platforms (Facebook)
META
$1.64T
| $5.61M | 2.46% |
27,341
-1,149
| -4% | -$223K |
|
6
Merck
MRK
$307B
| $5.53M | 2.42% |
63,765
| – | – |
|
7
Visa
V
$686B
| $5.07M | 2.22% |
26,960
-206
| -0.8% | -$37.1K |
|
8
Alphabet (Google) Class A
GOOGL
$4.3T
| $5.04M | 2.2% |
75,180
-1,260
| -2% | -$81.3K |
|
9
Trade Desk
TTD
$8.76B
| $4.83M | 2.12% |
186,030
-2,800
| -1% | -$63K |
|
10
Vertex Pharmaceuticals
VRTX
$122B
| $4.02M | 1.76% |
18,348
-520
| -3% | -$105K |
|
11
Shopify
SHOP
$162B
| $3.67M | 1.61% |
92,380
+1,260
| +1% | +$42.6K |
|
|
ENV
12
DELISTED
ENVESTNET, INC.
ENV
| $3.5M | 1.53% |
50,276
-2,157
| -4% | -$140K |
|
13
CALL
Boeing
BA
$165B
| $3.32M | 1.45% |
10,200
+5,000
| +96% | +$1.77M |
|
|
14
PUT
Boeing
BA
$165B
| $3.26M | 1.43% |
+10,000
| New | +$3.54M |
|
15
Palo Alto Networks
PANW
$284B
| $3.19M | 1.39% |
82,644
-2,016
| -2% | -$76.2K |
|
16
Adobe
ADBE
$93.3B
| $3.12M | 1.37% |
9,468
-217
| -2% | -$63.8K |
|
17
Automatic Data Processing
ADP
$102B
| $3.11M | 1.36% |
18,251
| – | – |
|
18
Ciena
CIEN
$53.6B
| $3.09M | 1.35% |
72,433
+17,362
| +32% | +$661K |
|
19
PayPal
PYPL
$50.1B
| $3.09M | 1.35% |
28,556
-236
| -0.8% | -$24.6K |
|
20
Netflix
NFLX
$285B
| $2.97M | 1.3% |
91,660
-2,470
| -3% | -$73.2K |
|
21
Old Dominion Freight Line
ODFL
$48.2B
| $2.89M | 1.26% |
45,678
+984
| +2% | +$60.4K |
|
22
Illumina
ILMN
$27.9B
| $2.78M | 1.22% |
8,604
-29
| -0.3% | -$8.79K |
|
|
23
Boeing
BA
$165B
| $2.76M | 1.21% |
8,482
+112
| +1% | +$39.6K |
|
24
Intuit
INTU
$80.4B
| $2.75M | 1.2% |
10,480
-393
| -4% | -$103K |
|
25
Qualcomm
QCOM
$180B
| $2.72M | 1.19% |
30,827
+25
| +0.1% | +$2.09K |
|
Similar funds
PJSIMP
BCM
ESL
LOWM
BWP
AIP
1WCM
TAIM
Covenant Asset Management's Q4 2019 Portfolio in Review
As of Q4 2019, Covenant Asset Management held 154 positions worth $228M, up 15% from $199M the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Covenant Asset Management deployed $10.2M of net new capital in Q4 2019, opening 17 new positions and adding to 40 existing holdings. Its largest new stake was Ulta Beauty: 7,466 shares worth $1.89M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Healthcare and Communication Services.
On the sell side, the largest reduction was Protolabs, an estimated $1.44M trimmed.
- Covenant Asset Management's largest Q4 2019 buy was Ulta Beauty: 7,466 shares worth $1.89M.
- Covenant Asset Management added most to Biogen in Q4 2019, an estimated $1.56M increase.
- Covenant Asset Management's biggest Q4 2019 reduction was Protolabs, cutting an estimated $1.44M.
- Covenant Asset Management fully exited Etsy in Q4 2019, selling an estimated $1.97M.
- Covenant Asset Management's ten largest holdings make up 29% of its $228M portfolio in Q4 2019.
- Covenant Asset Management opened 17 new positions and closed 11 in Q4 2019.
- Covenant Asset Management's portfolio value rose 15% quarter-over-quarter to $228M.
Based on Covenant Asset Management's 13F filing for Q4 2019, filed 24 Jan 2020.