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
+5.96%
1 Year Est. Return
+25.75%
3 Year Est. Return
+38.34%
5 Year Est. Return
+79.2%
10 Year Est. Return
–
AUM
$151M
AUM Growth
-$12.4M
Cap. Flow
-$20.7M
Cap. Flow %
-13.75%
Top 10 Hldgs %
71%
Holding
40
New
11
Increased
10
Reduced
10
Closed
6

Top Buys

Rank Stock Value
1
ADP icon
Automatic Data Processing
ADP
+$3.13M
2
GM icon
General Motors
GM
+$3.06M
3
MET icon
MetLife
MET
+$3.06M
4
LMT icon
Lockheed Martin
LMT
+$2.84M
5
CCL icon
Carnival Corporation Ltd
CCL
+$2.18M

Top Sells

Rank Stock Value
1
OEF icon
iShares S&P 100 ETF
OEF
+$19.7M
2
VTV icon
Vanguard Morningstar Value ETF
VTV
+$14.4M
3
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$3.24M
4
TGT icon
Target
TGT
+$2.98M
5
BBY icon
Best Buy
BBY
+$2.41M

Sector Composition

Rank Sector Weight
1 Technology 8.88%
2 Healthcare 7.98%
3 Financials 5.98%
4 Consumer Discretionary 4.4%
5 Industrials 4.38%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EFA icon
1
iShares MSCI EAFE ETF
EFA
$78B
$39.1M 25.92%
627,117
+20,085
+3% +$1.21M
SPY icon
2
State Street SPDR S&P 500 ETF Trust
SPY
$790B
$29.9M 19.82%
126,744
-13,965
-10% -$3.24M
IWP icon
3
iShares Russell Mid-Cap Growth ETF
IWP
$19.8B
$9.56M 6.35%
184,372
+382
+0.2% +$19.5K
EWJ icon
4
iShares MSCI Japan ETF
EWJ
$21.9B
$5.49M 3.64%
106,641
+19,535
+22% +$999K
CAH icon
5
Cardinal Health
CAH
$53.9B
$4.92M 3.27%
60,398
+9,752
+19% +$768K
MDT icon
6
Medtronic
MDT
$109B
$4.16M 2.76%
51,671
+7,522
+17% +$588K
CSCO icon
7
Cisco
CSCO
$457B
$3.81M 2.52%
112,574
-5,499
-5% -$178K
INTC icon
8
Intel
INTC
$455B
$3.49M 2.32%
96,850
-6,924
-7% -$251K
PRU icon
9
Prudential Financial
PRU
$42.4B
$3.46M 2.29%
32,399
-1,104
-3% -$119K
VLO icon
10
Valero Energy
VLO
$90.1B
$3.18M 2.11%
47,904
+18,374
+62% +$1.23M
ADP icon
11
Automatic Data Processing
ADP
$106B
$3.14M 2.08%
+30,677
New +$3.13M
MET icon
12
MetLife
MET
$61.9B
$3.02M 2%
+64,191
New +$3.06M
OEF icon
13
iShares S&P 100 ETF
OEF
$20.1B
$3.01M 2%
28,762
-191,087
-87% -$19.7M
GM icon
14
General Motors
GM
$80.4B
$2.96M 1.96%
+83,699
New +$3.06M
GLW icon
15
Corning
GLW
$119B
$2.95M 1.96%
109,235
-16,424
-13% -$437K
CVS icon
16
CVS Health
CVS
$133B
$2.93M 1.95%
37,371
+3,305
+10% +$264K
LMT icon
17
Lockheed Martin
LMT
$134B
$2.9M 1.92%
+10,828
New +$2.84M
IAU icon
18
iShares Gold Trust
IAU
$62.9B
$2.58M 1.71%
107,371
+39,198
+57% +$921K
BLK icon
19
Blackrock
BLK
$169B
$2.53M 1.68%
6,597
-697
-10% -$267K
CCL icon
20
Carnival Corporation Ltd
CCL
$38.1B
$2.3M 1.52%
+39,002
New +$2.18M
HON icon
21
Honeywell
HON
$77B
$2.17M 1.44%
19,219
-4,354
-18% -$481K
KMB icon
22
Kimberly-Clark
KMB
$36.3B
$1.72M 1.14%
+13,031
New +$1.64M
NSC icon
23
Norfolk Southern
NSC
$75.4B
$1.54M 1.02%
+13,725
New +$1.61M
T icon
24
AT&T
T
$159B
$1.53M 1.01%
+48,732
New +$1.53M
VZ icon
25
Verizon
VZ
$195B
$1.49M 0.99%
30,514
+7,279
+31% +$365K
1
2

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 Q1 2017 Portfolio in Review

As of Q1 2017, Covenant Multifamily Offices held 40 positions worth $151M, down 7.6% from $163M the previous quarter. Its ten largest holdings account for 71% of the portfolio.

Covenant Multifamily Offices withdrew a net $20.7M in Q1 2017, closing 6 positions and reducing 10 holdings. Its most notable exit was Vanguard Morningstar Value ETF, an estimated $14.4M position sold in full.

By sector, the portfolio is most concentrated in Technology at 8.9% of assets, up from 6.4% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Covenant Multifamily Offices opened a new position in Automatic Data Processing worth $3.14M.

  • Covenant Multifamily Offices's largest Q1 2017 buy was Automatic Data Processing: 30,677 shares worth $3.14M.
  • Covenant Multifamily Offices added most to Valero Energy in Q1 2017, an estimated $1.23M increase.
  • Covenant Multifamily Offices's biggest Q1 2017 reduction was iShares S&P 100 ETF, cutting an estimated $19.7M.
  • Covenant Multifamily Offices fully exited Vanguard Morningstar Value ETF in Q1 2017, selling an estimated $14.4M.
  • Covenant Multifamily Offices's ten largest holdings make up 71% of its $151M portfolio in Q1 2017.
  • Covenant Multifamily Offices opened 11 new positions and closed 6 in Q1 2017.
  • Covenant Multifamily Offices's portfolio value fell 7.6% quarter-over-quarter to $151M.

Based on Covenant Multifamily Offices's 13F filing for Q1 2017, filed 9 May 2017.