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
+5.31%
1 Year Est. Return
+25.75%
3 Year Est. Return
+38.34%
5 Year Est. Return
+79.2%
10 Year Est. Return
–
AUM
$549M
AUM Growth
+$60.1M
Cap. Flow
+$37.6M
Cap. Flow %
6.84%
Top 10 Hldgs %
53.92%
Holding
256
New
73
Increased
98
Reduced
47
Closed
19

Top Buys

Rank Stock Value
1
XLF icon
State Street Financial Select Sector SPDR ETF
XLF
+$4.76M
2
GEM icon
Goldman Sachs ActiveBeta Emerging Markets Equity ETF
GEM
+$4.44M
3
FNDX icon
Schwab Fundamental US Large Company Index ETF
FNDX
+$3.61M
4
FSK icon
FS KKR Capital
FSK
+$2.91M
5
CVS icon
CVS Health
CVS
+$2.41M

Top Sells

Rank Stock Value
1
T icon
AT&T
T
+$6.82M
2
QUAL icon
iShares MSCI USA Quality Factor ETF
QUAL
+$4.64M
3
FSKR
FS KKR Capital Corp. II
FSKR
+$3.6M
4
TXN icon
Texas Instruments
TXN
+$3.33M
5
AFL icon
Aflac
AFL
+$2.55M

Sector Composition

Rank Sector Weight
1 Communication Services 14.5%
2 Technology 14%
3 Financials 5.77%
4 Energy 4.42%
5 Consumer Discretionary 4.09%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CVX icon
76
Chevron
CVX
$392B
$1.25M 0.23%
11,912
-11,643
-49% -$1.23M
VB icon
77
Vanguard Morningstar Small-Cap ETF
VB
$79.5B
$1.23M 0.22%
5,477
-69
-1% -$15.3K
AMGN icon
78
Amgen
AMGN
$208B
$1.21M 0.22%
4,968
+2,189
+79% +$539K
GSIE icon
79
Goldman Sachs ActiveBeta International Equity ETF
GSIE
$6B
$1.19M 0.22%
34,162
+1,082
+3% +$37.7K
MFC icon
80
Manulife Financial
MFC
$73.9B
$1.19M 0.22%
60,326
-17,160
-22% -$359K
QQQ icon
81
Invesco QQQ Trust
QQQ
$453B
$1.18M 0.21%
3,317
+1,444
+77% +$486K
IBTX
82
DELISTED
Independent Bank Group, Inc.
IBTX
$1.13M 0.21%
15,292
+64
+0.4% +$4.85K
ADNT icon
83
Adient
ADNT
$1.65B
$1.13M 0.21%
24,998
– –
BAC icon
84
Bank of America
BAC
$435B
$1.12M 0.2%
27,099
+8,972
+49% +$368K
JNJ icon
85
Johnson & Johnson
JNJ
$618B
$1.09M 0.2%
6,610
+3,569
+117% +$591K
LRCX icon
86
Lam Research
LRCX
$367B
$1.04M 0.19%
16,060
-1,640
-9% -$104K
GOOGL icon
87
Alphabet (Google) Class A
GOOGL
$4.36T
$996K 0.18%
8,160
+5,400
+196% +$631K
BMY icon
88
Bristol-Myers Squibb
BMY
$133B
$992K 0.18%
14,841
+3,495
+31% +$228K
BRK.B icon
89
Berkshire Hathaway Class B
BRK.B
$1.1T
$974K 0.18%
3,503
-336
-9% -$93.9K
TMUS icon
90
T-Mobile US
TMUS
$185B
$967K 0.18%
6,680
+1,233
+23% +$170K
META icon
91
Meta Platforms (Facebook)
META
$1.42T
$930K 0.17%
2,675
+1,172
+78% +$376K
IJR icon
92
iShares Core S&P Small-Cap ETF
IJR
$109B
$908K 0.17%
8,035
-1,217
-13% -$136K
ET icon
93
Energy Transfer Partners
ET
$70.1B
$904K 0.16%
85,068
+18,745
+28% +$180K
LOW icon
94
Lowe's Companies
LOW
$117B
$849K 0.15%
4,375
+1,002
+30% +$196K
FNDA icon
95
Schwab Fundamental US Small Company Index ETF
FNDA
$9.12B
$841K 0.15%
30,942
-7,346
-19% -$196K
AVGO icon
96
Broadcom
AVGO
$1.85T
$834K 0.15%
17,490
-1,230
-7% -$57K
MDT icon
97
Medtronic
MDT
$109B
$833K 0.15%
6,713
-19,473
-74% -$2.45M
MO icon
98
Altria Group
MO
$114B
$833K 0.15%
17,478
+4,110
+31% +$202K
FNDE icon
99
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.72B
$830K 0.15%
25,751
+574
+2% +$18.3K
V icon
100
Visa
V
$684B
$823K 0.15%
3,520
+2,331
+196% +$533K
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 Q2 2021 Portfolio in Review

As of Q2 2021, Covenant Multifamily Offices held 256 positions worth $549M, up 12% from $489M the previous quarter. Its ten largest holdings account for 54% of the portfolio.

Covenant Multifamily Offices deployed $37.6M of net new capital in Q2 2021, opening 73 new positions and adding to 98 existing holdings. Its largest new stake was FS KKR Capital: 135,824 shares worth $2.92M.

By sector, the portfolio is most concentrated in Communication Services at 15% of assets, down from 18% a quarter earlier, followed by Technology and Financials.

On the sell side, the largest reduction was AT&T, an estimated $6.82M trimmed.

  • Covenant Multifamily Offices's largest Q2 2021 buy was FS KKR Capital: 135,824 shares worth $2.92M.
  • Covenant Multifamily Offices added most to State Street Financial Select Sector SPDR ETF in Q2 2021, an estimated $4.76M increase.
  • Covenant Multifamily Offices's biggest Q2 2021 reduction was AT&T, cutting an estimated $6.82M.
  • Covenant Multifamily Offices fully exited FS KKR Capital Corp. II in Q2 2021, selling an estimated $3.6M.
  • Covenant Multifamily Offices's ten largest holdings make up 54% of its $549M portfolio in Q2 2021.
  • Covenant Multifamily Offices opened 73 new positions and closed 19 in Q2 2021.
  • Covenant Multifamily Offices's portfolio value rose 12% quarter-over-quarter to $549M.

Based on Covenant Multifamily Offices's 13F filing for Q2 2021, filed 10 Aug 2021.