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
+3.7%
1 Year Est. Return
+25.75%
3 Year Est. Return
+38.34%
5 Year Est. Return
+79.2%
10 Year Est. Return
–
AUM
$456M
AUM Growth
+$147M
Cap. Flow
+$133M
Cap. Flow %
29.25%
Top 10 Hldgs %
68.3%
Holding
290
New
67
Increased
56
Reduced
11
Closed
148

Top Buys

Rank Stock Value
1
T icon
AT&T
T
+$77.1M
2
VIG icon
Vanguard Dividend Appreciation ETF
VIG
+$5.99M
3
FNDB icon
Schwab Fundamental US Broad Market Index ETF
FNDB
+$4.73M
4
SCHF icon
Schwab International Equity ETF
SCHF
+$4.68M
5
DJP icon
iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036
DJP
+$3.89M

Top Sells

Rank Stock Value
1
VHT icon
Vanguard Health Care ETF
VHT
+$12.4M
2
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$10M
3
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$7.32M
4
IWP icon
iShares Russell Mid-Cap Growth ETF
IWP
+$3.67M
5
QCOM icon
Qualcomm
QCOM
+$1.21M

Sector Composition

Rank Sector Weight
1 Communication Services 19.63%
2 Energy 3.83%
3 Consumer Discretionary 3.15%
4 Technology 3.08%
5 Healthcare 3.04%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
APD icon
101
Air Products & Chemicals
APD
$65.7B
$510K 0.11%
2,252
+38
+2% +$7.87K
IJH icon
102
iShares Core S&P Mid-Cap ETF
IJH
$122B
$502K 0.11%
12,910
+6,870
+114% +$263K
USCI icon
103
US Commodity Index
USCI
$369M
$487K 0.11%
+13,186
New +$498K
TWTR
104
DELISTED
Twitter, Inc.
TWTR
$478K 0.1%
+13,692
New +$502K
AIG icon
105
American International
AIG
$41.7B
$459K 0.1%
+8,617
New +$429K
VWO icon
106
Vanguard FTSE Emerging Markets ETF
VWO
$121B
$457K 0.1%
10,992
+7,570
+221% +$319K
AM icon
107
Antero Midstream
AM
$10.4B
$452K 0.1%
+39,400
New +$505K
BMO icon
108
Bank of Montreal
BMO
$126B
$443K 0.1%
+5,868
New +$449K
IAU icon
109
iShares Gold Trust
IAU
$62.9B
$443K 0.1%
16,409
+8,156
+99% +$204K
CWI icon
110
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.78B
$432K 0.09%
+17,667
New +$428K
UA icon
111
Under Armour Class C
UA
$2.77B
$411K 0.09%
+18,516
New +$385K
BABA icon
112
Alibaba
BABA
$293B
$398K 0.09%
2,348
+1,848
+370% +$319K
TMUS icon
113
T-Mobile US
TMUS
$185B
$374K 0.08%
+5,039
New +$374K
VOO icon
114
Vanguard S&P 500 ETF
VOO
$979B
$371K 0.08%
1,378
– –
AGG icon
115
iShares Core US Aggregate Bond ETF
AGG
$137B
$364K 0.08%
3,273
+2,141
+189% +$234K
EL icon
116
Estee Lauder
EL
$30.4B
$354K 0.08%
+1,934
New +$330K
FNDE icon
117
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.72B
$335K 0.07%
+11,646
New +$326K
GSK icon
118
GSK
GSK
$104B
$335K 0.07%
6,702
+4,960
+285% +$249K
META icon
119
Meta Platforms (Facebook)
META
$1.42T
$309K 0.07%
1,600
+200
+14% +$36.5K
WERN icon
120
Werner Enterprises
WERN
$2.24B
$304K 0.07%
+9,780
New +$315K
VER
121
DELISTED
VEREIT, Inc.
VER
$302K 0.07%
+6,699
New +$290K
JEF icon
122
Jefferies Financial Group
JEF
$12.6B
$300K 0.07%
+17,407
New +$299K
MPC icon
123
Marathon Petroleum
MPC
$92.4B
$289K 0.06%
+5,180
New +$283K
ETN icon
124
Eaton
ETN
$161B
$286K 0.06%
+3,440
New +$278K
GPRO icon
125
GoPro
GPRO
$130M
$282K 0.06%
+51,579
New +$328K
3 4
5
6 7

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 2019 Portfolio in Review

As of Q2 2019, Covenant Multifamily Offices held 290 positions worth $456M, up 48% from $309M the previous quarter. Its ten largest holdings account for 68% of the portfolio.

Covenant Multifamily Offices deployed $133M of net new capital in Q2 2019, opening 67 new positions and adding to 56 existing holdings. Its largest new stake was AT&T: 3,214,734 shares worth $81.4M.

By sector, the portfolio is most concentrated in Communication Services at 20% of assets, up from 1.4% a quarter earlier, followed by Energy and Consumer Discretionary.

On the sell side, the largest reduction was Vanguard FTSE Developed Markets ETF, an estimated $10M trimmed.

  • Covenant Multifamily Offices's largest Q2 2019 buy was AT&T: 3,214,734 shares worth $81.4M.
  • Covenant Multifamily Offices added most to Vanguard Dividend Appreciation ETF in Q2 2019, an estimated $5.99M increase.
  • Covenant Multifamily Offices's biggest Q2 2019 reduction was Vanguard FTSE Developed Markets ETF, cutting an estimated $10M.
  • Covenant Multifamily Offices fully exited Vanguard Health Care ETF in Q2 2019, selling an estimated $12.4M.
  • Covenant Multifamily Offices's ten largest holdings make up 68% of its $456M portfolio in Q2 2019.
  • Covenant Multifamily Offices opened 67 new positions and closed 148 in Q2 2019.
  • Covenant Multifamily Offices's portfolio value rose 48% quarter-over-quarter to $456M.

Based on Covenant Multifamily Offices's 13F filing for Q2 2019, filed 31 Jul 2019.