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
+6.19%
1 Year Est. Return
+25.75%
3 Year Est. Return
+38.34%
5 Year Est. Return
+79.2%
10 Year Est. Return
–
AUM
$509M
AUM Growth
+$1.62M
Cap. Flow
-$26.3M
Cap. Flow %
-5.17%
Top 10 Hldgs %
73.58%
Holding
162
New
6
Increased
29
Reduced
76
Closed
32

Top Buys

Rank Stock Value
1
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$4.06M
2
IGV icon
iShares Expanded Tech-Software Sector ETF
IGV
+$1.83M
3
VIG icon
Vanguard Dividend Appreciation ETF
VIG
+$1.39M
4
XLF icon
State Street Financial Select Sector SPDR ETF
XLF
+$1.31M
5
QUAL icon
iShares MSCI USA Quality Factor ETF
QUAL
+$955K

Top Sells

Rank Stock Value
1
EEM icon
iShares MSCI Emerging Markets ETF
EEM
+$7.02M
2
VTV icon
Vanguard Morningstar Value ETF
VTV
+$4.23M
3
AVGO icon
Broadcom
AVGO
+$1.94M
4
XLU icon
State Street Utilities Select Sector SPDR ETF
XLU
+$1.33M
5
T icon
AT&T
T
+$1.07M

Sector Composition

Rank Sector Weight
1 Communication Services 14.16%
2 Technology 4.2%
3 Healthcare 2.43%
4 Consumer Discretionary 2.37%
5 Financials 2.34%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EW icon
76
Edwards Lifesciences
EW
$51.1B
$455K 0.09%
5,700
-10,068
-64% -$786K
LOW icon
77
Lowe's Companies
LOW
$123B
$453K 0.09%
2,732
-786
-22% -$121K
SCHM icon
78
Schwab US Mid-Cap ETF
SCHM
$15B
$429K 0.08%
23,223
-9,882
-30% -$183K
GD icon
79
General Dynamics
GD
$103B
$415K 0.08%
3,000
– –
SAP icon
80
SAP
SAP
$225B
$390K 0.08%
2,500
-845
-25% -$134K
CTAS icon
81
Cintas
CTAS
$80B
$389K 0.08%
4,676
-1,216
-21% -$93.8K
PFE icon
82
Pfizer
PFE
$145B
$388K 0.08%
11,136
-1,026
-8% -$36K
ISRG icon
83
Intuitive Surgical
ISRG
$131B
$386K 0.08%
1,632
-609
-27% -$137K
XLK icon
84
State Street Technology Select Sector SPDR ETF
XLK
$123B
$382K 0.08%
6,542
– –
NAT icon
85
Nordic American Tanker
NAT
$1.31B
$377K 0.07%
108,000
– –
ADNT icon
86
Adient
ADNT
$1.62B
$372K 0.07%
21,445
– –
ACN icon
87
Accenture
ACN
$103B
$353K 0.07%
1,563
+71
+5% +$16.3K
MA icon
88
Mastercard
MA
$499B
$347K 0.07%
1,025
+75
+8% +$24.4K
WSO icon
89
Watsco Inc
WSO
$13.7B
$340K 0.07%
1,460
-560
-28% -$126K
XLU icon
90
State Street Utilities Select Sector SPDR ETF
XLU
$22.4B
$333K 0.07%
11,210
-44,710
-80% -$1.33M
JNJ icon
91
Johnson & Johnson
JNJ
$621B
$330K 0.06%
2,216
-98
-4% -$14.5K
VTV icon
92
Vanguard Morningstar Value ETF
VTV
$191B
$321K 0.06%
3,071
-40,405
-93% -$4.23M
WMT icon
93
Walmart Inc
WMT
$891B
$320K 0.06%
6,852
-8,469
-55% -$377K
CONE
94
DELISTED
CyrusOne Inc Common Stock
CONE
$312K 0.06%
4,455
-1,776
-29% -$139K
VV icon
95
Vanguard Morningstar Large-Cap ETF
VV
$54.2B
$311K 0.06%
1,991
– –
BAC icon
96
Bank of America
BAC
$442B
$306K 0.06%
12,686
-25,275
-67% -$629K
BP icon
97
BP
BP
$107B
$306K 0.06%
17,500
+4,694
+37% +$102K
IVE icon
98
iShares S&P 500 Value ETF
IVE
$49.6B
$300K 0.06%
2,664
– –
PANW icon
99
Palo Alto Networks
PANW
$296B
$290K 0.06%
+7,098
New +$295K
UA icon
100
Under Armour Class C
UA
$2.86B
$289K 0.06%
29,360
– –
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 Q3 2020 Portfolio in Review

As of Q3 2020, Covenant Multifamily Offices held 162 positions worth $509M, up 0.32% from $507M the previous quarter. Its ten largest holdings account for 74% of the portfolio.

Covenant Multifamily Offices withdrew a net $26.3M in Q3 2020, closing 32 positions and reducing 76 holdings. Its most notable exit was Broadcom, an estimated $1.94M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 14% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Covenant Multifamily Offices opened a new position in State Street Financial Select Sector SPDR ETF worth $1.3M.

  • Covenant Multifamily Offices's largest Q3 2020 buy was State Street Financial Select Sector SPDR ETF: 54,021 shares worth $1.3M.
  • Covenant Multifamily Offices added most to Vanguard FTSE Developed Markets ETF in Q3 2020, an estimated $4.06M increase.
  • Covenant Multifamily Offices's biggest Q3 2020 reduction was iShares MSCI Emerging Markets ETF, cutting an estimated $7.02M.
  • Covenant Multifamily Offices fully exited Broadcom in Q3 2020, selling an estimated $1.94M.
  • Covenant Multifamily Offices's ten largest holdings make up 74% of its $509M portfolio in Q3 2020.
  • Covenant Multifamily Offices opened 6 new positions and closed 32 in Q3 2020.
  • Covenant Multifamily Offices's portfolio value rose 0.32% quarter-over-quarter to $509M.

Based on Covenant Multifamily Offices's 13F filing for Q3 2020, filed 10 Nov 2020.