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
+7.64%
1 Year Est. Return
+19.24%
3 Year Est. Return
+70.32%
5 Year Est. Return
+79.29%
10 Year Est. Return
–
AUM
$207M
AUM Growth
-$8.93M
(-4.1%)
Cap. Flow
-$22.8M
Cap. Flow
% of AUM
-11.05%
Top 10 Holdings %
Top 10 Hldgs %
46.64%
Holding
211
New
13
Increased
26
Reduced
144
Closed
19
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$787K |
| 2 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$550K |
| 3 |
Aon
AON
|
+$532K |
| 4 |
Ulta Beauty
ULTA
|
+$396K |
| 5 |
FB Financial Corp
FBK
|
+$361K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 1000 Growth ETF
IWF
|
+$1.28M |
| 2 |
Shopify
SHOP
|
+$1.23M |
| 3 |
lululemon athletica
LULU
|
+$1.1M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$1.06M |
| 5 |
Castle Biosciences
CSTL
|
+$957K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.41% |
| 2 | Healthcare | 9.36% |
| 3 | Industrials | 6.68% |
| 4 | Financials | 6.06% |
| 5 | Consumer Discretionary | 6.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| – | – |
-6,478
| Closed | -$789K |
|
202
Jazz Pharmaceuticals
JAZZ
$15.9B
| – | – |
-2,045
| Closed | -$226K |
|
203
RELX
RELX
$60.1B
| – | – |
-22,984
| Closed | -$542K |
|
204
RenaissanceRe
RNR
$13.7B
| – | – |
-1,214
| Closed | -$208K |
|
205
Sabre
SABR
$656M
| – | – |
-12,138
| Closed | -$98K |
|
|
SF
206
Stifel
SF
$12.3B
| – | – |
-9,749
| Closed | -$206K |
|
207
SK Telecom
SKM
$13.7B
| – | – |
-18,007
| Closed | -$573K |
|
208
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.4B
| – | – |
-23,784
| Closed | -$790K |
|
209
Vodafone
VOD
$34.9B
| – | – |
-34,748
| Closed | -$554K |
|
|
EV
210
DELISTED
Eaton Vance Corp.
EV
| – | – |
-5,488
| Closed | -$212K |
|
|
FSB
211
DELISTED
Franklin Financial Network, Inc.
FSB
| – | – |
-14,450
| Closed | -$372K |
|
Similar funds
SHFA
YCG
TAM
LODC
OFS
MWM
PPH
TPW
Covenant Partners's Q3 2020 Portfolio in Review
As of Q3 2020, Covenant Partners held 211 positions worth $207M, down 4.1% from $216M the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Covenant Partners withdrew a net $22.8M in Q3 2020, closing 19 positions and reducing 144 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $1.06M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 20% a quarter earlier, followed by Healthcare and Industrials.
Against the trend, Covenant Partners opened a new position in iShares iBoxx $ High Yield Corporate Bond ETF worth $784K.
- Covenant Partners's largest Q3 2020 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 9,347 shares worth $784K.
- Covenant Partners added most to ING in Q3 2020, an estimated $295K increase.
- Covenant Partners's biggest Q3 2020 reduction was iShares Russell 1000 Growth ETF, cutting an estimated $1.28M.
- Covenant Partners fully exited Alphabet (Google) Class C in Q3 2020, selling an estimated $1.06M.
- Covenant Partners's ten largest holdings make up 47% of its $207M portfolio in Q3 2020.
- Covenant Partners opened 13 new positions and closed 19 in Q3 2020.
- Covenant Partners's portfolio value fell 4.1% quarter-over-quarter to $207M.
Based on Covenant Partners's 13F filing for Q3 2020, filed 10 Nov 2020.