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 | |
|---|---|---|---|---|---|---|
176
Darden Restaurants
DRI
$22.5B
| $210K | 0.12% |
+1,729
| New | +$190K |
|
177
Advance Auto Parts
AAP
$3.37B
| $207K | 0.12% |
+1,211
| New | +$196K |
|
178
Albemarle
ALB
$13.5B
| $207K | 0.12% |
+2,522
| New | +$206K |
|
179
iShares MSCI ACWI ETF
ACWI
$32.6B
| $205K | 0.11% |
+2,848
| New | +$198K |
|
180
Chemed
CHE
$6.78B
| $204K | 0.11% |
+638
| New | +$196K |
|
181
Alexandria Real Estate Equities
ARE
$8.88B
| $200K | 0.11% |
+1,406
| New | +$185K |
|
182
KeyCorp
KEY
$24.3B
| $164K | 0.09% |
+10,400
| New | +$173K |
|
183
Sumitomo Mitsui Financial
SMFG
$166B
| $159K | 0.09% |
+22,647
| New | +$162K |
|
184
Algonquin Power & Utilities
AQN
$4.69B
| $136K | 0.08% |
+12,097
| New | +$132K |
|
185
ING
ING
$93.8B
| $136K | 0.08% |
11,227
-13,439
| -54% | -$162K |
|
186
Flex
FLEX
$43.4B
| $105K | 0.06% |
+13,939
| New | +$99.7K |
|
|
SRCI
187
DELISTED
SRC Energy Inc
SRCI
| $57K | 0.03% |
+11,149
| New | +$54.6K |
|
188
Canadian Imperial Bank of Commerce
CM
$107B
| – | – |
-5,478
| Closed | -$204K |
|
189
iShares Russell Mid-Cap Growth ETF
IWP
$20B
| – | – |
-140,210
| Closed | -$7.97M |
|
190
Nutanix
NTNX
$14.9B
| – | – |
-5,679
| Closed | -$236K |
|
191
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.5B
| – | – |
-136,834
| Closed | -$7.09M |
|
192
Steris
STE
$20.9B
| – | – |
-4,700
| Closed | -$502K |
|
193
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| – | – |
-175,750
| Closed | -$6.7M |
|
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.