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
-1.15%
1 Year Est. Return
+25.75%
3 Year Est. Return
+38.34%
5 Year Est. Return
+79.2%
10 Year Est. Return
–
AUM
$167M
AUM Growth
+$14.5M
Cap. Flow
+$17.3M
Cap. Flow %
10.39%
Top 10 Hldgs %
63.69%
Holding
146
New
20
Increased
12
Reduced
12
Closed
95

Top Buys

Rank Stock Value
1
QUAL icon
iShares MSCI USA Quality Factor ETF
QUAL
+$21.9M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$20.1M
3
CAH icon
Cardinal Health
CAH
+$3.85M
4
HPQ icon
HP
HPQ
+$3.82M
5
KLAC icon
KLA
KLAC
+$3.81M

Top Sells

Rank Stock Value
1
EFA icon
iShares MSCI EAFE ETF
EFA
+$22.3M
2
VLO icon
Valero Energy
VLO
+$5.18M
3
SFNC icon
Simmons First National
SFNC
+$5.13M
4
CSCO icon
Cisco
CSCO
+$4.37M
5
EQBK icon
Equity Bancshares
EQBK
+$4.19M

Sector Composition

Rank Sector Weight
1 Technology 10.64%
2 Healthcare 5.91%
3 Industrials 5.78%
4 Consumer Discretionary 4.98%
5 Energy 4.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ERIC icon
76
Ericsson
ERIC
$32.2B
– –
-4,760
Closed -$32K
EMBJ
77
Embraer S.A. ADS
EMBJ
$12.2B
– –
-2,185
Closed -$52K
F icon
78
Ford
F
$58.5B
– –
-1,000
Closed -$12K
FCX icon
79
Freeport-McMoran
FCX
$90B
– –
-320
Closed -$6K
GAU
80
Galiano Gold
GAU
$455M
– –
-339
Closed –
GLW icon
81
Corning
GLW
$119B
– –
-104,205
Closed -$3.33M
GPMT
82
Granite Point Mortgage Trust
GPMT
$69M
– –
-4,140
Closed -$73K
GSK icon
83
GSK
GSK
$104B
– –
-1,460
Closed -$65K
HMC icon
84
Honda
HMC
$39.1B
– –
-1,805
Closed -$62K
HON icon
85
Honeywell
HON
$77B
– –
-18,263
Closed -$2.53M
HSBC icon
86
HSBC
HSBC
$365B
– –
-670
Closed -$32K
IEFA icon
87
iShares Core MSCI EAFE ETF
IEFA
$190B
– –
-22
Closed -$1K
INDL icon
88
Direxion Daily MSCI India Bull 2X ETF
INDL
$57.2M
– –
-45
Closed -$5K
IVV icon
89
iShares Core S&P 500 ETF
IVV
$878B
– –
-280
Closed -$75K
IWM icon
90
iShares Russell 2000 ETF
IWM
$79.8B
– –
-12,885
Closed -$1.96M
KDP icon
91
Keurig Dr Pepper
KDP
$42.3B
– –
-12,381
Closed -$1.2M
KMB icon
92
Kimberly-Clark
KMB
$36.3B
– –
-11,965
Closed -$1.44M
KMI icon
93
Kinder Morgan
KMI
$71.7B
– –
-1,800
Closed -$33K
LYB icon
94
LyondellBasell Industries
LYB
$20B
– –
-11,031
Closed -$1.22M
META icon
95
Meta Platforms (Facebook)
META
$1.42T
– –
-184
Closed -$32K
MUFG icon
96
Mitsubishi UFJ Financial
MUFG
$253B
– –
-7,300
Closed -$53K
NOK icon
97
Nokia
NOK
$51B
– –
-6,560
Closed -$31K
NSC icon
98
Norfolk Southern
NSC
$75.4B
– –
-13,491
Closed -$1.96M
NUGT icon
99
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$848M
– –
0
– –
NUE icon
100
Nucor
NUE
$58.6B
– –
-2,650
Closed -$168K
2 3
4
5 6

Similar funds

MCPPUI
MIC Capital Partners (Public) (US) IM Al Maryah Island Abu Dhabi, United Arab Emirates $544M AUM 40.58% 1-Year Est. Return
BJ
Brouwer & Janachowski Mill Valley, California $574M AUM 24.29% 1-Year Est. Return
RC
Rinet Company Boston, Massachusetts $530M AUM 28.25% 1-Year Est. Return
GIA
Granite Investment Advisors Concord, New Hampshire $618M AUM 31.33% 1-Year Est. Return
DC
Derby & Company Newton, Massachusetts $495M AUM 23.75% 1-Year Est. Return
CAS
Cascadia Advisory Services Portland, Oregon $493M AUM
OHM
Ordinal Holdings ManageCo New York $485M AUM 6.17% 1-Year Est. Return
BCA
Berman Capital Advisors Atlanta, Georgia $636M AUM 30.04% 1-Year Est. Return

Covenant Multifamily Offices's Q1 2018 Portfolio in Review

As of Q1 2018, Covenant Multifamily Offices held 146 positions worth $167M, up 9.5% from $152M the previous quarter. Its ten largest holdings account for 64% of the portfolio.

Covenant Multifamily Offices deployed $17.3M of net new capital in Q1 2018, opening 20 new positions and adding to 12 existing holdings. Its largest new stake was iShares MSCI USA Quality Factor ETF: 258,332 shares worth $21.4M.

By sector, the portfolio is most concentrated in Technology at 11% of assets, up from 10% a quarter earlier, followed by Healthcare and Industrials.

On the sell side, the largest reduction was iShares MSCI EAFE ETF, an estimated $22.3M trimmed.

  • Covenant Multifamily Offices's largest Q1 2018 buy was iShares MSCI USA Quality Factor ETF: 258,332 shares worth $21.4M.
  • Covenant Multifamily Offices added most to State Street SPDR S&P 500 ETF Trust in Q1 2018, an estimated $20.1M increase.
  • Covenant Multifamily Offices's biggest Q1 2018 reduction was iShares MSCI EAFE ETF, cutting an estimated $22.3M.
  • Covenant Multifamily Offices fully exited Simmons First National in Q1 2018, selling an estimated $5.13M.
  • Covenant Multifamily Offices's ten largest holdings make up 64% of its $167M portfolio in Q1 2018.
  • Covenant Multifamily Offices opened 20 new positions and closed 95 in Q1 2018.
  • Covenant Multifamily Offices's portfolio value rose 9.5% quarter-over-quarter to $167M.

Based on Covenant Multifamily Offices's 13F filing for Q1 2018, filed 23 Apr 2018.