Latest Covenant Asset Management, LLC Stock Portfolio
Covenant Asset Management, LLC Performance:
2025 Q3: 6.37%YTD: 13.42%2024: 23.47%
Performance for 2025 Q3 is 6.37%, and YTD is 13.42%, and 2024 is 23.47%.
About Covenant Asset Management, LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Covenant Asset Management, LLC reported an equity portfolio of $884.7 Millions as of 30 Sep, 2025.
The top stock holdings of Covenant Asset Management, LLC are NVDA, MSFT, AVGO. The fund has invested 5.4% of it's portfolio in NVIDIA CORPORATION and 4% of portfolio in MICROSOFT CORP.
The fund managers got completely rid off STRYKER CORPORATION (SYK), HEALTHEQUITY INC (HQY) and CIRCLE INTERNET GROUP INC stocks. They significantly reduced their stock positions in INTUITIVE SURGICAL INC (ISRG), QUALCOMM INC (QCOM) and PAYCHEX INC (PAYX). Covenant Asset Management, LLC opened new stock positions in DOORDASH INC (DASH), SOFI TECHNOLOGIES INC (SOFI) and OKLO INC (ALCC). The fund showed a lot of confidence in some stocks as they added substantially to KKR & CO INC (KKR), RH (RH) and SEA LTD (SE).
The top stock holdings of Covenant Asset Management, LLC are NVDA, MSFT, AVGO. The fund has invested 5.4% of it's portfolio in NVIDIA CORPORATION and 4% of portfolio in MICROSOFT CORP.
The fund managers got completely rid off STRYKER CORPORATION (SYK), HEALTHEQUITY INC (HQY) and CIRCLE INTERNET GROUP INC stocks. They significantly reduced their stock positions in INTUITIVE SURGICAL INC (ISRG), QUALCOMM INC (QCOM) and PAYCHEX INC (PAYX). Covenant Asset Management, LLC opened new stock positions in DOORDASH INC (DASH), SOFI TECHNOLOGIES INC (SOFI) and OKLO INC (ALCC). The fund showed a lot of confidence in some stocks as they added substantially to KKR & CO INC (KKR), RH (RH) and SEA LTD (SE).
Covenant Asset Management, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Covenant Asset Management, LLC made a return of 6.37% in the last quarter. In trailing 12 months, it's portfolio return was 14.98%.
New Buys
| Ticker | $ Bought |
|---|---|
| doordash inc | 2,283,360 |
| sofi technologies inc | 2,158,510 |
| oklo inc | 286,890 |
| spdr series trust | 234,769 |
| agnico eagle mines ltd | 203,115 |
| bigbear ai hldgs inc | 130,400 |
New stocks bought by Covenant Asset Management, LLC
Additions
| Ticker | % Inc. |
|---|---|
| kkr & co inc | 1,424 |
| rh | 230 |
| sea ltd | 108 |
| oracle corp | 69.18 |
| tesla inc | 44.62 |
| ge aerospace | 33.99 |
| vanguard index fds | 7.79 |
| nextera energy inc | 7.42 |
Additions to existing portfolio by Covenant Asset Management, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| intuitive surgical inc | -82.06 |
| qualcomm inc | -44.55 |
| paychex inc | -12.75 |
| carrier global corporation | -7.27 |
| palantir technologies inc | -6.17 |
| texas instrs inc | -6.13 |
| air prods & chems inc | -5.94 |
| apple inc | -4.44 |
Covenant Asset Management, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| healthequity inc | -3,892,570 |
| stryker corporation | -4,261,730 |
| chipotle mexican grill inc | -308,825 |
| bristol-myers squibb co | -230,734 |
| circle internet group inc | -362,580 |
Covenant Asset Management, LLC got rid off the above stocks
Sector Distribution
Covenant Asset Management, LLC has about 39.6% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 39.6 |
| Others | 17.4 |
| Industrials | 9.3 |
| Financial Services | 8.8 |
| Communication Services | 8 |
| Consumer Cyclical | 7.5 |
| Healthcare | 6.1 |
| Energy | 2 |
Market Cap. Distribution
Covenant Asset Management, LLC has about 79.8% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 45 |
| LARGE-CAP | 34.8 |
| UNALLOCATED | 17.4 |
| MID-CAP | 2.5 |
Stocks belong to which Index?
About 70.4% of the stocks held by Covenant Asset Management, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 70.4 |
| Others | 29.1 |
Covenant Asset Management, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Covenant Asset Management, LLC
Covenant Asset Management, LLC has 141 stocks in it's portfolio. About 24% of the portfolio is in top 10 stocks. TTD proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for Covenant Asset Management, LLC last quarter.
Last Reported on: 30 Oct, 2025| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 2.39 | 83,084 | 21,155,700 | reduced | -4.44 | ||
| AAXJ | ishares tr | 0.05 | 3,974 | 423,192 | unchanged | 0.00 | ||
| ABBV | abbvie inc | 0.57 | 21,773 | 5,041,320 | reduced | -0.68 | ||
| ABT | abbott labs | 0.08 | 5,138 | 688,184 | added | 3.78 | ||
| ACES | alps etf tr | 0.22 | 40,502 | 1,900,760 | added | 6.37 | ||
| ADBE | adobe inc | 0.09 | 2,187 | 771,465 | reduced | -2.89 | ||
| ADP | automatic data processing in | 0.58 | 17,539 | 5,147,810 | reduced | -0.09 | ||
| AFL | aflac inc | 0.13 | 9,975 | 1,114,210 | reduced | -1.82 | ||
| AGGP | new york life investments et | 0.03 | 9,049 | 280,610 | unchanged | 0.00 | ||
| AGZD | wisdomtree tr | 0.10 | 14,787 | 844,338 | reduced | -1.83 | ||
| ALCC | oklo inc | 0.03 | 2,570 | 286,890 | new | |||
| AMD | advanced micro devices inc | 0.03 | 1,762 | 285,098 | unchanged | 0.00 | ||
| AMGN | amgen inc | 0.11 | 3,401 | 959,763 | reduced | -3.9 | ||
| AMPS | ishares tr | 0.02 | 1,758 | 215,268 | unchanged | 0.00 | ||
| AMZN | amazon com inc | 1.99 | 80,306 | 17,632,800 | reduced | -0.04 | ||
| ANET | arista networks inc | 1.37 | 83,391 | 12,150,900 | reduced | -1.37 | ||
| APD | air prods & chems inc | 0.15 | 4,794 | 1,307,420 | reduced | -5.94 | ||
| ARKF | ark etf tr | 0.04 | 3,809 | 328,717 | unchanged | 0.00 | ||
| AVGO | broadcom inc | 2.71 | 72,618 | 23,957,400 | reduced | -1.22 | ||
| AXP | american express co | 0.57 | 15,268 | 5,071,420 | added | 3.12 | ||