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
+7.21%
1 Year Est. Return
+38.14%
3 Year Est. Return
+158.45%
5 Year Est. Return
+212.83%
10 Year Est. Return
–
AUM
$419M
AUM Growth
+$68.1M
Cap. Flow
-$17.8M
Cap. Flow %
-4.24%
Top 10 Hldgs %
28.3%
Holding
181
New
17
Increased
60
Reduced
41
Closed
6

Top Buys

Rank Stock Value
1
SEDG icon
SolarEdge
SEDG
+$5.44M
2
PWR icon
Quanta Services
PWR
+$3.99M
3
FANG icon
Diamondback Energy
FANG
+$3.04M
4
QQQ icon
Invesco QQQ Trust
QQQ
+$2.19M
5
EOG icon
EOG Resources
EOG
+$1.79M

Top Sells

Rank Stock Value
1
REGN icon
Regeneron Pharmaceuticals
REGN
+$21.1M
2
MPWR icon
Monolithic Power Systems
MPWR
+$3.63M
3
CCI icon
Crown Castle
CCI
+$1.99M
4
ZBRA icon
Zebra Technologies
ZBRA
+$1.79M
5
SCHP icon
Schwab US TIPS ETF
SCHP
+$1.1M

Sector Composition

Rank Sector Weight
1 Technology 24.22%
2 Healthcare 10.85%
3 Industrials 6.49%
4 Consumer Discretionary 5.61%
5 Communication Services 4.14%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MSFT icon
1
Microsoft
MSFT
$2.83T
$21.8M 5.2%
90,796
+7,234
+9% +$1.74M
AAPL icon
2
Apple
AAPL
$4.72T
$16.7M 3.98%
128,296
-1,572
-1% -$225K
CMG icon
3
PUT
Chipotle Mexican Grill
CMG
$41.1B
– –
0
– –
REGN icon
4
CALL
Regeneron Pharmaceuticals
REGN
$68.3B
– –
0
– –
REGN icon
5
PUT
Regeneron Pharmaceuticals
REGN
$68.3B
– –
0
– –
NOW icon
6
CALL
ServiceNow
NOW
$94.8B
– –
0
– –
NOW icon
7
PUT
ServiceNow
NOW
$94.8B
– –
0
– –
BA icon
8
PUT
Boeing
BA
$165B
– –
0
– –
AVGO icon
9
PUT
Broadcom
AVGO
$1.87T
– –
0
– –
AMZN icon
10
Amazon
AMZN
$2.51T
$8.09M 1.93%
96,253
+11,398
+13% +$1.13M
PXD
11
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
– –
0
– –
LMT icon
12
CALL
Lockheed Martin
LMT
$131B
– –
0
– –
MRK icon
13
Merck
MRK
$322B
$7M 1.67%
63,115
+400
+0.6% +$40.9K
DE icon
14
CALL
Deere & Co
DE
$165B
– –
0
– –
DE icon
15
PUT
Deere & Co
DE
$165B
– –
0
– –
TTD icon
16
Trade Desk
TTD
$7.89B
$6.21M 1.48%
138,534
+3,417
+3% +$173K
SEDG icon
17
SolarEdge
SEDG
$2.75B
$5.81M 1.39%
+20,500
New +$5.44M
AVGO icon
18
CALL
Broadcom
AVGO
$1.87T
– –
0
– –
BA icon
19
CALL
Boeing
BA
$165B
– –
0
– –
CMG icon
20
CALL
Chipotle Mexican Grill
CMG
$41.1B
– –
0
– –
GOOGL icon
21
Alphabet (Google) Class A
GOOGL
$3.88T
$5.39M 1.29%
61,075
-1,499
-2% -$142K
QQQ icon
22
PUT
Invesco QQQ Trust
QQQ
$460B
– –
0
– –
QCOM icon
23
Qualcomm
QCOM
$180B
$5.07M 1.21%
46,082
+10,005
+28% +$1.17M
PANW icon
24
PUT
Palo Alto Networks
PANW
$265B
– –
0
– –
UNH icon
25
UnitedHealth
UNH
$385B
$4.72M 1.13%
8,907
-318
-3% -$168K
1
2 3 4 5

Similar funds

PJSIMP
P.J. Schmidt Investment Management (PJS) Cedarburg, Wisconsin $595M AUM 18.7% 1-Year Est. Return
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
CAMV
Concord Asset Management (Virginia) Abingdon, Virginia $592M AUM 18.59% 1-Year Est. Return

Covenant Asset Management's Q4 2022 Portfolio in Review

As of Q4 2022, Covenant Asset Management held 181 positions worth $419M, up 19% from $351M the previous quarter. Its ten largest holdings account for 28% of the portfolio.

Covenant Asset Management withdrew a net $17.8M in Q4 2022, closing 6 positions and reducing 41 holdings. Its most notable exit was Monolithic Power Systems, an estimated $3.63M position sold in full.

By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 26% a quarter earlier, followed by Healthcare and Industrials.

Against the trend, Covenant Asset Management opened a new position in SolarEdge worth $5.81M.

  • Covenant Asset Management's largest Q4 2022 buy was SolarEdge: 20,500 shares worth $5.81M.
  • Covenant Asset Management added most to EOG Resources in Q4 2022, an estimated $1.79M increase.
  • Covenant Asset Management's biggest Q4 2022 reduction was Regeneron Pharmaceuticals, cutting an estimated $21.1M.
  • Covenant Asset Management fully exited Monolithic Power Systems in Q4 2022, selling an estimated $3.63M.
  • Covenant Asset Management's ten largest holdings make up 28% of its $419M portfolio in Q4 2022.
  • Covenant Asset Management opened 17 new positions and closed 6 in Q4 2022.
  • Covenant Asset Management's portfolio value rose 19% quarter-over-quarter to $419M.

Based on Covenant Asset Management's 13F filing for Q4 2022, filed 24 Jan 2023.