Latest Covenant Asset Management, LLC Stock Portfolio

Covenant Asset Management, LLC Performance:

2026 Q1: -4.87%YTD: -4.87%2025: 16.77%

Performance for 2026 Q1 is -4.87%, and YTD is -4.87%, and 2025 is 16.77%.

About Covenant Asset Management, LLC and 13F Hedge Fund Stock Holdings

On 2026-04-14, the fund reported it's updated stock portfolio. In the 13F Holdings report, Covenant Asset Management, LLC reported an equity portfolio of $664.2 Millions as of 31 Mar, 2026.

The top stock holdings of Covenant Asset Management, LLC are NVDA, MSFT, AAPL. The fund has invested 6.5% of it's portfolio in NVIDIA CORPORATION and 3.7% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off SOFI TECHNOLOGIES INC (SOFI), UBER TECHNOLOGIES INC (UBER) and WAYFAIR INC (W) stocks. They significantly reduced their stock positions in TRANSDIGM GROUP INC (TDG), ARM HOLDINGS PLC and SERVICENOW INC (NOW). Covenant Asset Management, LLC opened new stock positions in ASTRAZENECA PLC, TAIWAN SEMICONDUCTOR MANUFAC (TSM) and RBC BEARINGS INC (ROLL). The fund showed a lot of confidence in some stocks as they added substantially to PALANTIR TECHNOLOGIES INC (PLTR), RH (RH) and VANGUARD BD INDEX FDS (BIV).

Covenant Asset Management, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Covenant Asset Management, LLC made a return of -4.87% in the last quarter. In trailing 12 months, it's portfolio return was 21.55%.

Performance
S&P 500

New Buys

Ticker	$ Bought
astrazeneca plc	8,649,080
taiwan semiconductor manufac	7,204,760
rbc bearings inc	5,123,800
old dominion freight line in	5,081,960
cboe global mkts inc	4,822,880
ftai aviation ltd	4,367,370
bloom energy corp	3,505,670
cardinal health inc	3,150,000

New stocks bought by Covenant Asset Management, LLC

Additions

Ticker	% Inc.
palantir technologies inc	168
rh	145
vanguard bd index fds	114
analog devices inc	102
stifel finl corp	85.62
oneok inc new	55.29
new york life investments et	31.7
vanguard index fds	21.04

Additions to existing portfolio by Covenant Asset Management, LLC

Reductions

Ticker	% Reduced
transdigm group inc	-95.14
arm holdings plc	-91.59
servicenow inc	-87.92
palo alto networks inc	-80.1
arista networks inc	-40.98
broadcom inc	-22.76
soundhound ai inc	-17.21
energy transfer l p	-14.31

Covenant Asset Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
sofi technologies inc	-4,709,840
the trade desk inc	-4,370,140
uber technologies inc	-4,601,660
interactive brokers group in	-3,027,650
wayfair inc	-4,402,980
boston scientific corp	-3,808,380
lauder estee cos inc	-3,634,100
credo technology group holdi	-2,193,890

Covenant Asset Management, LLC got rid off the above stocks

Sector Distribution

Covenant Asset Management, LLC has about 31.5% of it's holdings in Technology sector.

Sector	%
Technology	31.5
Others	22
Industrials	13.5
Financial Services	8
Communication Services	7.9
Healthcare	7.3
Consumer Cyclical	6
Energy	1.2
Consumer Defensive	1.1
	1.1

Market Cap. Distribution

Covenant Asset Management, LLC has about 76.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	50
LARGE-CAP	26.1
UNALLOCATED	22
MID-CAP	1.7

Stocks belong to which Index?

About 72.5% of the stocks held by Covenant Asset Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	69.6
Others	27.5
RUSSELL 2000	2.9

Top 5 Winners (%)		%
SEDG	solaredge technologies inc	77.0 %
AGX	argan inc	73.6 %
VLO	valero energy corp	51.8 %
CVX	chevron corporation	34.5 %
	ge vernova inc	33.3 %

Top 5 Winners ($)		$
	ge vernova inc	3.7 M
PWR	quanta svcs inc	3.2 M
ASML	asml hldg nv	2.1 M
AGX	argan inc	2.0 M
KLAC	kla corp	1.9 M

Top 5 Losers (%)		%
APP	applovin corp	-38.8 %
HOOD	robinhood mkts inc	-38.7 %
SF	stifel finl corp	-34.8 %
BBAI	bigbear ai hldgs inc	-34.4 %
SOUN	soundhound ai inc	-28.4 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-7.7 M
SHOP	shopify inc	-4.0 M
HOOD	robinhood mkts inc	-3.9 M
NVDA	nvidia corporation	-3.0 M
SF	stifel finl corp	-2.4 M

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 28% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. was the most profitable stock for Covenant Asset Management, LLC last quarter.

Last Reported on: 14 Apr, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.18	83,181	21,110,600	added	3.49

AAXJ	ishares tr	0.07	4,174	443,071	unchanged	0.00

ABBV	abbvie inc	0.70	21,258	4,623,400	reduced	-0.87

ABT	abbott laboratories	0.08	5,192	533,063	added	1.84

ACES	alps etf tr	0.35	44,069	2,319,790	added	8.51

ACWF	ishares tr	0.03	3,151	221,138	new

ADBE	adobe inc	0.00	0.00	0.00	sold off	-100

ADI	analog devices inc	0.89	18,662	5,937,130	added	102

ADP	automatic data processing in	0.53	17,192	3,493,150	reduced	-1.44

AFL	aflac inc	0.16	9,975	1,094,360	unchanged	0.00

AGGP	new york life investments et	0.06	11,958	401,550	added	31.7

AGX	argan inc	0.72	8,718	4,748,260	reduced	-0.62

AGZD	wisdomtree tr	0.11	12,575	755,758	reduced	-2.12

AMD	advanced micro devices inc	0.06	1,824	371,057	unchanged	0.00

AMGN	amgen inc	0.18	3,394	1,194,180	reduced	-0.15

AMPS	ishares tr	0.04	1,823	247,418	unchanged	0.00

AMZN	amazon com inc	2.44	77,852	16,214,200	reduced	-3.53

ANET	arista networks inc	0.91	49,278	6,050,350	reduced	-40.98

APD	air products and chemicals i	0.17	3,867	1,123,320	reduced	-1.7

APP	applovin corp	0.03	503	200,194	reduced	-10.34