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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
+5.59%
1 Year Est. Return
+25.75%
3 Year Est. Return
+38.34%
5 Year Est. Return
+79.2%
10 Year Est. Return
–
AUM
$152M
AUM Growth
+$2.54M
Cap. Flow
-$4.71M
Cap. Flow %
-3.09%
Top 10 Hldgs %
63.43%
Holding
131
New
93
Increased
1
Reduced
25
Closed
5

Top Buys

Rank Stock Value
1
SFNC icon
Simmons First National
SFNC
+$5.16M
2
EQBK icon
Equity Bancshares
EQBK
+$4.11M
3
IWM icon
iShares Russell 2000 ETF
IWM
+$1.94M
4
GBIL icon
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
+$1.45M
5
BA icon
Boeing
BA
+$1.01M

Top Sells

Rank Stock Value
1
CAH icon
Cardinal Health
CAH
+$3.97M
2
IAU icon
iShares Gold Trust
IAU
+$3.33M
3
EFA icon
iShares MSCI EAFE ETF
EFA
+$3.26M
4
CVS icon
CVS Health
CVS
+$2.83M
5
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$2.56M

Sector Composition

Rank Sector Weight
1 Financials 13.08%
2 Technology 10.28%
3 Industrials 6.25%
4 Consumer Discretionary 5.09%
5 Energy 3.95%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SLV icon
101
iShares Silver Trust
SLV
$28B
$7K ﹤0.01%
+450
New +$7.1K
FCX icon
102
Freeport-McMoran
FCX
$90B
$6K ﹤0.01%
+320
New +$4.83K
LUB
103
DELISTED
Luby's Inc.
LUB
$6K ﹤0.01%
+2,344
New +$6.11K
POT
104
DELISTED
Potash Corp Of Saskatchewan
POT
$6K ﹤0.01%
+300
New +$5.82K
INDL icon
105
Direxion Daily MSCI India Bull 2X ETF
INDL
$57.2M
$5K ﹤0.01%
+45
New +$4.12K
ADM icon
106
Archer Daniels Midland
ADM
$38.2B
$4K ﹤0.01%
+100
New +$4.11K
CHTR icon
107
Charter Communications
CHTR
$17.3B
$4K ﹤0.01%
+13
New +$4.42K
PG icon
108
Procter & Gamble
PG
$336B
$4K ﹤0.01%
+44
New +$3.96K
QCOM icon
109
Qualcomm
QCOM
$155B
$4K ﹤0.01%
+60
New +$3.64K
BBY icon
110
Best Buy
BBY
$18.2B
$3K ﹤0.01%
+50
New +$2.96K
CIT
111
DELISTED
CIT Group Inc.
CIT
$3K ﹤0.01%
+60
New +$2.91K
COP icon
112
ConocoPhillips
COP
$147B
$2K ﹤0.01%
+36
New +$1.85K
PSX icon
113
Phillips 66
PSX
$84.9B
$2K ﹤0.01%
+18
New +$1.71K
SCHG icon
114
Schwab US Large-Cap Growth ETF
SCHG
$59.8B
$2K ﹤0.01%
+264
New +$2.27K
SWIR
115
DELISTED
Sierra Wireless
SWIR
$2K ﹤0.01%
+100
New +$2.13K
OSB
116
DELISTED
Norbord Inc.
OSB
$2K ﹤0.01%
+51
New +$1.82K
CNX icon
117
CNX Resources
CNX
$5.3B
$1K ﹤0.01%
+68
New +$939
IEFA icon
118
iShares Core MSCI EAFE ETF
IEFA
$190B
$1K ﹤0.01%
+22
New +$1.43K
SIRI icon
119
SiriusXM
SIRI
$9.98B
$1K ﹤0.01%
+22
New +$1.22K
CAH icon
120
Cardinal Health
CAH
$53.9B
– –
-64,222
Closed -$3.97M
CVS icon
121
CVS Health
CVS
$133B
– –
-38,965
Closed -$2.83M
GAU
122
Galiano Gold
GAU
$455M
$0 ﹤0.01%
+339
New +$275
NUGT icon
123
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$848M
– –
0
– –
RF icon
124
Regions Financial
RF
$26.4B
$0 ﹤0.01%
+1
New +$16
SLB icon
125
SLB Ltd
SLB
$73.6B
– –
-18,076
Closed -$1.17M
2 3 4
5
6

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Covenant Multifamily Offices's Q4 2017 Portfolio in Review

As of Q4 2017, Covenant Multifamily Offices held 131 positions worth $152M, up 1.7% from $150M the previous quarter. Its ten largest holdings account for 63% of the portfolio.

Covenant Multifamily Offices withdrew a net $4.71M in Q4 2017, closing 5 positions and reducing 25 holdings. Its most notable exit was Cardinal Health, an estimated $3.97M position sold in full.

By sector, the portfolio is most concentrated in Financials at 13% of assets, up from 6.8% a quarter earlier, followed by Technology and Industrials.

Against the trend, Covenant Multifamily Offices opened a new position in Simmons First National worth $5.13M.

  • Covenant Multifamily Offices's largest Q4 2017 buy was Simmons First National: 179,596 shares worth $5.13M.
  • Covenant Multifamily Offices added most to iShares MSCI Japan ETF in Q4 2017, an estimated $34.8K increase.
  • Covenant Multifamily Offices's biggest Q4 2017 reduction was iShares Gold Trust, cutting an estimated $3.33M.
  • Covenant Multifamily Offices fully exited Cardinal Health in Q4 2017, selling an estimated $3.97M.
  • Covenant Multifamily Offices's ten largest holdings make up 63% of its $152M portfolio in Q4 2017.
  • Covenant Multifamily Offices opened 93 new positions and closed 5 in Q4 2017.
  • Covenant Multifamily Offices's portfolio value rose 1.7% quarter-over-quarter to $152M.

Based on Covenant Multifamily Offices's 13F filing for Q4 2017, filed 8 Feb 2018.