We are live on
!
Find out more
CMO
Covenant Multifamily Offices Portfolio holdings
AUM
$557M
1-Year Est. Return
25.75%
This Fund
S&P 500
This Quarter
Est. Return
-13.85%
1 Year Est. Return
+25.75%
3 Year Est. Return
+38.34%
5 Year Est. Return
+79.2%
10 Year Est. Return
–
AUM
$262M
AUM Growth
-$24.1M
(-8.4%)
Cap. Flow
+$14.1M
Cap. Flow
% of AUM
5.37%
Top 10 Holdings %
Top 10 Hldgs %
81.67%
Holding
76
New
28
Increased
6
Reduced
15
Closed
21
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$41.4M |
| 2 |
Vanguard Dividend Appreciation ETF
VIG
|
+$31.6M |
| 3 |
Vanguard Health Care ETF
VHT
|
+$12.1M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$9.14M |
| 5 |
iShares Russell 3000 ETF
IWV
|
+$4.64M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$27.1M |
| 2 |
iShares MSCI Japan ETF
EWJ
|
+$13.9M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$12M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$9.97M |
| 5 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$8.67M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 3.58% |
| 2 | Technology | 2.88% |
| 3 | Healthcare | 2.65% |
| 4 | Consumer Discretionary | 2.17% |
| 5 | Financials | 1.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Air Products & Chemicals
APD
$65.7B
| $393K | 0.15% |
+2,457
| New | +$389K |
|
52
Vanguard S&P 500 ETF
VOO
$979B
| $317K | 0.12% |
1,378
| – | – |
|
53
TransUnion
TRU
$15.1B
| $315K | 0.12% |
5,549
| – | – |
|
54
SPDR Gold Trust
GLD
$131B
| $297K | 0.11% |
2,450
-19
| -0.8% | -$2.21K |
|
55
NGL Energy Partners
NGL
$2.05B
| $148K | 0.06% |
15,430
-78,445
| -84% | -$804K |
|
56
iShares MSCI ACWI ETF
ACWI
$32.5B
| – | – |
-19,653
| Closed | -$1.46M |
|
57
Blackrock
BLK
$169B
| – | – |
-2,891
| Closed | -$1.36M |
|
58
Conagra Brands
CAG
$6.94B
| – | – |
-38,962
| Closed | -$1.32M |
|
59
Carnival Corporation Ltd
CCL
$38.1B
| – | – |
-22,524
| Closed | -$1.44M |
|
60
Cisco
CSCO
$457B
| – | – |
-45,677
| Closed | -$2.22M |
|
|
61
iShares MSCI EAFE ETF
EFA
$78B
| – | – |
-175,852
| Closed | -$12M |
|
|
62
iShares MSCI Japan ETF
EWJ
$21.9B
| – | – |
-231,374
| Closed | -$13.9M |
|
63
Fastenal
FAST
$54.7B
| – | – |
-78,468
| Closed | -$1.14M |
|
64
First Trust Capital Strength ETF
FTCS
$7.91B
| – | – |
-6,613
| Closed | -$365K |
|
65
HP
HPQ
$24.9B
| – | – |
-97,653
| Closed | -$2.52M |
|
66
Hershey
HSY
$35.2B
| – | – |
-11,103
| Closed | -$1.13M |
|
67
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.26B
| – | – |
-24,020
| Closed | -$2.42M |
|
68
Intel
INTC
$455B
| – | – |
-41,583
| Closed | -$1.97M |
|
69
Lockheed Martin
LMT
$134B
| – | – |
-5,737
| Closed | -$1.99M |
|
70
MetLife
MET
$61.9B
| – | – |
-40,806
| Closed | -$1.91M |
|
71
Paychex
PAYX
$41.6B
| – | – |
-17,195
| Closed | -$1.27M |
|
72
Progressive
PGR
$123B
| – | – |
-10,586
| Closed | -$752K |
|
73
RTX Corp
RTX
$290B
| – | – |
-23,587
| Closed | -$2.08M |
|
74
AT&T
T
$159B
| – | – |
-54,972
| Closed | -$1.39M |
|
|
WRK
75
DELISTED
WestRock Company
WRK
| – | – |
-16,362
| Closed | -$874K |
|
Similar funds
MCPPUI
BJ
RC
GIA
DC
CAS
OHM
BCA
Covenant Multifamily Offices's Q4 2018 Portfolio in Review
As of Q4 2018, Covenant Multifamily Offices held 76 positions worth $262M, down 8.4% from $286M the previous quarter. Its ten largest holdings account for 82% of the portfolio.
Covenant Multifamily Offices deployed $14.1M of net new capital in Q4 2018, opening 28 new positions and adding to 6 existing holdings. Its largest new stake was Vanguard FTSE Developed Markets ETF: 1,045,717 shares worth $38.8M.
By sector, the portfolio is most concentrated in Energy at 3.6% of assets, down from 4.5% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $27.1M trimmed.
- Covenant Multifamily Offices's largest Q4 2018 buy was Vanguard FTSE Developed Markets ETF: 1,045,717 shares worth $38.8M.
- Covenant Multifamily Offices added most to State Street SPDR S&P 500 ETF Trust in Q4 2018, an estimated $9.14M increase.
- Covenant Multifamily Offices's biggest Q4 2018 reduction was iShares Core S&P 500 ETF, cutting an estimated $27.1M.
- Covenant Multifamily Offices fully exited iShares MSCI Japan ETF in Q4 2018, selling an estimated $13.9M.
- Covenant Multifamily Offices's ten largest holdings make up 82% of its $262M portfolio in Q4 2018.
- Covenant Multifamily Offices opened 28 new positions and closed 21 in Q4 2018.
- Covenant Multifamily Offices's portfolio value fell 8.4% quarter-over-quarter to $262M.
Based on Covenant Multifamily Offices's 13F filing for Q4 2018, filed 11 Feb 2019.