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CMO

Covenant Multifamily Offices Portfolio holdings

AUM $557M
1-Year Est. Return 25.75%
This Fund
S&P 500
This Quarter Est. Return
+12.82%
1 Year Est. Return
+25.75%
3 Year Est. Return
+38.34%
5 Year Est. Return
+79.2%
10 Year Est. Return
–
AUM
$309M
AUM Growth
+$47.5M
Cap. Flow
+$14.2M
Cap. Flow %
4.59%
Top 10 Hldgs %
78.7%
Holding
226
New
171
Increased
31
Reduced
11
Closed
3

Top Buys

Rank Stock Value
1
QUAL icon
iShares MSCI USA Quality Factor ETF
QUAL
+$1.96M
2
GD icon
General Dynamics
GD
+$1.85M
3
IEFA icon
iShares Core MSCI EAFE ETF
IEFA
+$1.5M
4
VIG icon
Vanguard Dividend Appreciation ETF
VIG
+$1.36M
5
GSG icon
iShares S&P GSCI Commodity-Indexed Trust
GSG
+$996K

Top Sells

Rank Stock Value
1
BA icon
Boeing
BA
+$1.71M
2
IWP icon
iShares Russell Mid-Cap Growth ETF
IWP
+$1.61M
3
IVW icon
iShares S&P 500 Growth ETF
IVW
+$942K
4
ACN icon
Accenture
ACN
+$508K
5
TRU icon
TransUnion
TRU
+$315K

Sector Composition

Rank Sector Weight
1 Energy 3.82%
2 Technology 2.98%
3 Consumer Discretionary 2.32%
4 Healthcare 2.3%
5 Financials 1.43%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CNR
226
Core Natural Resources Inc
CNR
$3.97B
$0 ﹤0.01%
+8
New +$280
6 7 8 9
10

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Covenant Multifamily Offices's Q1 2019 Portfolio in Review

As of Q1 2019, Covenant Multifamily Offices held 226 positions worth $309M, up 18% from $262M the previous quarter. Its ten largest holdings account for 79% of the portfolio.

Covenant Multifamily Offices deployed $14.2M of net new capital in Q1 2019, opening 171 new positions and adding to 31 existing holdings. Its largest new stake was General Dynamics: 11,000 shares worth $1.86M.

By sector, the portfolio is most concentrated in Energy at 3.8% of assets, up from 3.6% a quarter earlier, followed by Technology and Consumer Discretionary.

On the sell side, the largest reduction was iShares Russell Mid-Cap Growth ETF, an estimated $1.61M trimmed.

  • Covenant Multifamily Offices's largest Q1 2019 buy was General Dynamics: 11,000 shares worth $1.86M.
  • Covenant Multifamily Offices added most to iShares MSCI USA Quality Factor ETF in Q1 2019, an estimated $1.96M increase.
  • Covenant Multifamily Offices's biggest Q1 2019 reduction was iShares Russell Mid-Cap Growth ETF, cutting an estimated $1.61M.
  • Covenant Multifamily Offices fully exited Boeing in Q1 2019, selling an estimated $1.71M.
  • Covenant Multifamily Offices's ten largest holdings make up 79% of its $309M portfolio in Q1 2019.
  • Covenant Multifamily Offices opened 171 new positions and closed 3 in Q1 2019.
  • Covenant Multifamily Offices's portfolio value rose 18% quarter-over-quarter to $309M.

Based on Covenant Multifamily Offices's 13F filing for Q1 2019, filed 30 Apr 2019.