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
+17.84%
1 Year Est. Return
+25.75%
3 Year Est. Return
+38.34%
5 Year Est. Return
+79.2%
10 Year Est. Return
–
AUM
$507M
AUM Growth
+$110M
(+28%)
Cap. Flow
+$42.8M
Cap. Flow
% of AUM
8.43%
Top 10 Holdings %
Top 10 Hldgs %
69.22%
Holding
164
New
51
Increased
60
Reduced
33
Closed
8
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$5.39M |
| 2 |
Vanguard Morningstar Value ETF
VTV
|
+$3.96M |
| 3 |
Vanguard Morningstar Small-Cap ETF
VB
|
+$3.81M |
| 4 |
Vanguard Morningstar Small-Cap Value ETF
VBR
|
+$3.75M |
| 5 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$2.72M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Schwab Fundamental US Broad Market Index ETF
FNDB
|
+$2.13M |
| 2 |
Delta Air Lines
DAL
|
+$1.24M |
| 3 |
Pfizer
PFE
|
+$789K |
| 4 |
iShares S&P 100 ETF
OEF
|
+$783K |
| 5 |
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
|
+$740K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 15.3% |
| 2 | Technology | 4.89% |
| 3 | Healthcare | 3.07% |
| 4 | Financials | 2.87% |
| 5 | Consumer Discretionary | 2.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Mastercard
MA
$500B
| $281K | 0.06% |
+950
| New | +$268K |
|
127
Brown & Brown
BRO
$24B
| $279K | 0.06% |
+6,851
| New | +$264K |
|
|
IPG
128
DELISTED
Interpublic Group of Companies
IPG
| $276K | 0.05% |
+16,095
| New | +$265K |
|
129
Americold
COLD
$4.03B
| $269K | 0.05% |
+7,404
| New | +$253K |
|
130
Schwab US TIPS ETF
SCHP
$16.2B
| $266K | 0.05% |
8,876
-5,042
| -36% | -$149K |
|
131
Alibaba
BABA
$305B
| $261K | 0.05% |
1,211
| – | – |
|
132
Under Armour Class C
UA
$2.83B
| $260K | 0.05% |
29,360
+2,034
| +7% | +$17.3K |
|
133
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $253K | 0.05% |
9,004
-4,692
| -34% | -$131K |
|
134
Meta Platforms (Facebook)
META
$1.5T
| $246K | 0.05% |
1,083
-590
| -35% | -$123K |
|
135
First Solar
FSLR
$25B
| $242K | 0.05% |
+4,890
| New | +$218K |
|
136
Visa
V
$683B
| $242K | 0.05% |
+1,251
| New | +$229K |
|
137
GE Aerospace
GE
$383B
| $240K | 0.05% |
7,064
-1,579
| -18% | -$53.2K |
|
|
CMA
138
DELISTED
Comerica
CMA
| $237K | 0.05% |
+6,232
| New | +$217K |
|
139
Vanguard Morningstar Mid-Cap Value ETF
VOE
$23.8B
| $237K | 0.05% |
+2,477
| New | +$227K |
|
140
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.46B
| $229K | 0.05% |
4,600
-5,623
| -55% | -$278K |
|
141
GoPro
GPRO
$131M
| $226K | 0.04% |
47,521
-1,550
| -3% | -$5.88K |
|
142
Marathon Petroleum
MPC
$89.6B
| $213K | 0.04% |
+5,693
| New | +$183K |
|
143
Western Union
WU
$2.04B
| $210K | 0.04% |
+9,728
| New | +$197K |
|
144
Paychex
PAYX
$41.9B
| $204K | 0.04% |
+2,693
| New | +$187K |
|
145
Innovator US Equity Power Buffer ETF December
PDEC
$989M
| $201K | 0.04% |
+7,580
| New | +$194K |
|
146
Brown-Forman Class B
BF.B
$12.8B
| $200K | 0.04% |
+3,141
| New | +$200K |
|
|
JWN
147
DELISTED
Nordstrom
JWN
| $197K | 0.04% |
+12,700
| New | +$224K |
|
|
GPMT
148
Granite Point Mortgage Trust
GPMT
$69.5M
| $183K | 0.04% |
25,500
| – | – |
|
|
NS
149
DELISTED
NuStar Energy L.P.
NS
| $165K | 0.03% |
11,555
+1,000
| +9% | +$13.3K |
|
|
SDC
150
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $160K | 0.03% |
+20,247
| New | +$137K |
|
Similar funds
MCPPUI
BJ
RC
GIA
DC
CAS
OHM
BCA
Covenant Multifamily Offices's Q2 2020 Portfolio in Review
As of Q2 2020, Covenant Multifamily Offices held 164 positions worth $507M, up 28% from $397M the previous quarter. Its ten largest holdings account for 69% of the portfolio.
Covenant Multifamily Offices deployed $42.8M of net new capital in Q2 2020, opening 51 new positions and adding to 60 existing holdings. Its largest new stake was Vanguard Morningstar Small-Cap Value ETF: 37,344 shares worth $3.99M.
By sector, the portfolio is most concentrated in Communication Services at 15% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Schwab Fundamental US Broad Market Index ETF, an estimated $2.13M trimmed.
- Covenant Multifamily Offices's largest Q2 2020 buy was Vanguard Morningstar Small-Cap Value ETF: 37,344 shares worth $3.99M.
- Covenant Multifamily Offices added most to iShares MSCI Emerging Markets ETF in Q2 2020, an estimated $5.39M increase.
- Covenant Multifamily Offices's biggest Q2 2020 reduction was Schwab Fundamental US Broad Market Index ETF, cutting an estimated $2.13M.
- Covenant Multifamily Offices fully exited State Street SPDR Nuveen ICE Municipal Bond ETF in Q2 2020, selling an estimated $740K.
- Covenant Multifamily Offices's ten largest holdings make up 69% of its $507M portfolio in Q2 2020.
- Covenant Multifamily Offices opened 51 new positions and closed 8 in Q2 2020.
- Covenant Multifamily Offices's portfolio value rose 28% quarter-over-quarter to $507M.
Based on Covenant Multifamily Offices's 13F filing for Q2 2020, filed 11 Aug 2020.