We are live on
!
Find out more
CP
Covenant Partners Portfolio holdings
AUM
$342M
1-Year Est. Return
19.24%
This Fund
S&P 500
This Quarter
Est. Return
+14.71%
1 Year Est. Return
+19.24%
3 Year Est. Return
+70.32%
5 Year Est. Return
+79.29%
10 Year Est. Return
–
AUM
$180M
AUM Growth
-$29.2M
(-14%)
Cap. Flow
-$52.6M
Cap. Flow
% of AUM
-29.26%
Top 10 Holdings %
Top 10 Hldgs %
45.23%
Holding
193
New
137
Increased
18
Reduced
16
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$2.47M |
| 2 |
Accenture
ACN
|
+$2.03M |
| 3 |
Amazon
AMZN
|
+$1.57M |
| 4 |
Home Depot
HD
|
+$1.49M |
| 5 |
Apple
AAPL
|
+$1.37M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 1000 Growth ETF
IWF
|
+$23.7M |
| 2 |
iShares MSCI EAFE Growth ETF
EFG
|
+$22.1M |
| 3 |
iShares Russell 1000 Value ETF
IWD
|
+$18.7M |
| 4 |
iShares MSCI EAFE Value ETF
EFV
|
+$16.3M |
| 5 |
iShares Russell Mid-Cap Value ETF
IWS
|
+$9.54M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.65% |
| 2 | Financials | 8.2% |
| 3 | Healthcare | 7.58% |
| 4 | Industrials | 6.19% |
| 5 | Consumer Discretionary | 5.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Prudential
PUK
$36.5B
| $716K | 0.4% |
18,344
-6,588
| -26% | -$254K |
|
52
Akamai
AKAM
$16.8B
| $714K | 0.4% |
+9,961
| New | +$675K |
|
|
RHT
53
DELISTED
Red Hat Inc
RHT
| $712K | 0.4% |
3,897
-486
| -11% | -$87.1K |
|
|
DFS
54
DELISTED
Discover Financial Services
DFS
| $709K | 0.39% |
+9,962
| New | +$682K |
|
55
AstraZeneca
AZN
$263B
| $703K | 0.39% |
+8,698
| New | +$686K |
|
56
SK Telecom
SKM
$13.7B
| $694K | 0.39% |
17,201
| – | – |
|
57
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
| $688K | 0.38% |
7,957
-64,987
| -89% | -$5.52M |
|
58
NextEra Energy
NEE
$187B
| $686K | 0.38% |
14,184
+40
| +0.3% | +$1.83K |
|
59
Kimberly-Clark
KMB
$36.4B
| $683K | 0.38% |
+5,515
| New | +$641K |
|
60
Charles River Laboratories
CRL
$10.9B
| $674K | 0.37% |
+4,641
| New | +$610K |
|
61
3M
MMM
$89B
| $669K | 0.37% |
+3,854
| New | +$649K |
|
62
Baidu
BIDU
$35.8B
| $661K | 0.37% |
+4,012
| New | +$671K |
|
63
Alibaba
BABA
$269B
| $651K | 0.36% |
+3,567
| New | +$600K |
|
64
Prologis
PLD
$138B
| $640K | 0.36% |
+8,901
| New | +$607K |
|
|
ABB
65
DELISTED
ABB Ltd
ABB
| $639K | 0.36% |
33,851
-11,857
| -26% | -$229K |
|
66
Walt Disney
DIS
$165B
| $633K | 0.35% |
+5,698
| New | +$637K |
|
67
Medtronic
MDT
$107B
| $631K | 0.35% |
6,923
+33
| +0.5% | +$2.95K |
|
68
McCormick & Company Non-Voting
MKC
$13.4B
| $624K | 0.35% |
8,280
-868
| -9% | -$58.5K |
|
69
Alphabet (Google) Class A
GOOGL
$3.91T
| $614K | 0.34% |
+10,440
| New | +$589K |
|
70
Zoetis
ZTS
$31.6B
| $604K | 0.34% |
+6,001
| New | +$545K |
|
71
Intuit
INTU
$81.1B
| $603K | 0.34% |
+2,307
| New | +$533K |
|
72
PayPal
PYPL
$49.5B
| $599K | 0.33% |
+5,769
| New | +$546K |
|
73
Ecolab
ECL
$75.6B
| $592K | 0.33% |
+3,356
| New | +$545K |
|
|
SPLK
74
DELISTED
Splunk Inc
SPLK
| $591K | 0.33% |
4,745
| – | – |
|
75
Thermo Fisher Scientific
TMO
$211B
| $585K | 0.33% |
+2,136
| New | +$532K |
|
Similar funds
SHFA
YCG
TAM
LODC
OFS
MWM
PPH
TPW
Covenant Partners's Q1 2019 Portfolio in Review
As of Q1 2019, Covenant Partners held 193 positions worth $180M, down 14% from $209M the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Covenant Partners withdrew a net $52.6M in Q1 2019, closing 6 positions and reducing 16 holdings. Its most notable exit was iShares Russell Mid-Cap Growth ETF, an estimated $7.97M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 2% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Covenant Partners opened a new position in Microsoft worth $2.67M.
- Covenant Partners's largest Q1 2019 buy was Microsoft: 22,681 shares worth $2.67M.
- Covenant Partners added most to ResMed in Q1 2019, an estimated $530K increase.
- Covenant Partners's biggest Q1 2019 reduction was iShares Russell 1000 Growth ETF, cutting an estimated $23.7M.
- Covenant Partners fully exited iShares Russell Mid-Cap Growth ETF in Q1 2019, selling an estimated $7.97M.
- Covenant Partners's ten largest holdings make up 45% of its $180M portfolio in Q1 2019.
- Covenant Partners opened 137 new positions and closed 6 in Q1 2019.
- Covenant Partners's portfolio value fell 14% quarter-over-quarter to $180M.
Based on Covenant Partners's 13F filing for Q1 2019, filed 16 May 2019.