Latest Covenant Asset Management, LLC Stock Portfolio
$609Million
Equity Portfolio Value
Last Reported on: 23 Apr, 2024
About Covenant Asset Management, LLC and it’s 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Covenant Asset Management, LLC reported an equity portfolio of $556.6 Millions as of 31 Dec, 2023.
The top stock holdings of Covenant Asset Management, LLC are MSFT, AAPL, NVDA. The fund has invested 4.9% of it's portfolio in MICROSOFT CORP and 3.5% of portfolio in APPLE INC.
The fund managers got completely rid off ON SEMICONDUCTOR CORP (ON), SCHWAB STRATEGIC TR (FNDA) and BEST BUY INC (BBY) stocks. They significantly reduced their stock positions in BLACKROCK MUN INCOME QUALITY, S&P GLOBAL INC (SPGI) and ULTA BEAUTY INC (ULTA). Covenant Asset Management, LLC opened new stock positions in ARISTA NETWORKS INC (ANET), UNION PAC CORP (UNP) and COCA-COLA FEMSA SAB DE CV. The fund showed a lot of confidence in some stocks as they added substantially to CATERPILLAR INC (CAT), UBER TECHNOLOGIES INC (UBER) and PIMCO CORPORATE & INCOME OPP.
The top stock holdings of Covenant Asset Management, LLC are MSFT, AAPL, NVDA. The fund has invested 4.9% of it's portfolio in MICROSOFT CORP and 3.5% of portfolio in APPLE INC.
The fund managers got completely rid off ON SEMICONDUCTOR CORP (ON), SCHWAB STRATEGIC TR (FNDA) and BEST BUY INC (BBY) stocks. They significantly reduced their stock positions in BLACKROCK MUN INCOME QUALITY, S&P GLOBAL INC (SPGI) and ULTA BEAUTY INC (ULTA). Covenant Asset Management, LLC opened new stock positions in ARISTA NETWORKS INC (ANET), UNION PAC CORP (UNP) and COCA-COLA FEMSA SAB DE CV. The fund showed a lot of confidence in some stocks as they added substantially to CATERPILLAR INC (CAT), UBER TECHNOLOGIES INC (UBER) and PIMCO CORPORATE & INCOME OPP.
New Buys
| Ticker | $ Bought |
|---|---|
| HOWMET AEROSPACE INC | 3,401,930 |
| L3HARRIS TECHNOLOGIES INC | 1,008,180 |
| MICROCHIP TECHNOLOGY INC. | 731,496 |
| NXP SEMICONDUCTORS N V | 532,954 |
| TJX COS INC NEW | 450,305 |
| PHILLIPS 66 | 243,867 |
| WILLIAMS SONOMA INC | 239,736 |
| SCHWAB STRATEGIC TR | 213,993 |
New stocks bought by Covenant Asset Management, LLC
Additions
| Ticker | % Inc. |
|---|---|
| ISHARES TR | 400 |
| META PLATFORMS INC | 105 |
| OLD DOMINION FREIGHT LINE IN | 105 |
| INVESCO EXCHANGE TRADED FD T | 39.55 |
| PIMCO CORPORATE & INCOME OPP | 37.53 |
| TESLA INC | 32.1 |
| RTX CORPORATION | 20.83 |
| TRACTOR SUPPLY CO | 20.01 |
Additions to existing portfolio by Covenant Asset Management, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| BRISTOL-MYERS SQUIBB CO | -77.1 |
| LOCKHEED MARTIN CORP | -72.64 |
| NEXTERA ENERGY INC | -61.97 |
| VERIZON COMMUNICATIONS INC | -41.27 |
| ISHARES TR | -19.42 |
| BLOCK INC | -15.96 |
| INVESCO EXCHANGE TRADED FD T | -11.98 |
| BANK AMERICA CORP | -9.77 |
Covenant Asset Management, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| CISCO SYS INC | -791,295 |
| BOEING CO | -3,543,410 |
| EOG RES INC | -1,545,020 |
| ROCKWELL AUTOMATION INC | -3,681,050 |
| NEW AMER HIGH INCOME FD INC | -79,552 |
| COCA-COLA FEMSA SAB DE CV | -375,911 |
| ILLUMINA INC | -475,784 |
| SOUTHERN CO | -220,738 |
Covenant Asset Management, LLC got rid off the above stocks
Current Stock Holdings of Covenant Asset Management, LLC
Last Reported on: 23 Apr, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| AAPL | APPLE INC | 2.77 | 98,410 | 16,875,300 | REDUCED | -1.37 | |
| AAXJ | ISHARES TR | 0.04 | 2,474 | 266,203 | ADDED | 7.47 | |
| ABBV | ABBVIE INC | 0.77 | 25,837 | 4,704,920 | ADDED | 4.96 | |
| ABT | ABBOTT LABS | 0.09 | 4,983 | 566,368 | UNCHANGED | 0.00 | |
| ACES | ALPS ETF TR | 0.12 | 16,003 | 759,503 | ADDED | 0.66 | |
| ADBE | ADOBE INC | 0.68 | 8,155 | 4,115,010 | ADDED | 2.6 | |
| ADP | AUTOMATIC DATA PROCESSING IN | 0.81 | 19,742 | 4,930,300 | ADDED | 0.09 | |
| AFL | AFLAC INC | 0.14 | 10,160 | 872,338 | UNCHANGED | 0.00 | |
| AGG | ISHARES TR | 0.11 | 7,448 | 669,576 | REDUCED | -6.00 | |
| AGG | ISHARES TR | 0.04 | 3,640 | 221,094 | ADDED | 400 | |
| AGZD | WISDOMTREE TR | 0.14 | 16,277 | 827,849 | REDUCED | -1.48 | |
| AMD | ADVANCED MICRO DEVICES INC | 1.35 | 45,572 | 8,225,290 | ADDED | 0.97 | |
| AMGN | AMGEN INC | 0.23 | 5,012 | 1,425,010 | ADDED | 5.45 | |
| AMPS | ISHARES TR | 0.04 | 2,017 | 222,294 | REDUCED | -19.42 | |
| AMZN | AMAZON COM INC | 2.67 | 90,112 | 16,254,400 | REDUCED | -0.56 | |
| ANET | ARISTA NETWORKS INC | 1.02 | 21,410 | 6,208,470 | ADDED | 0.53 | |
| APD | AIR PRODS & CHEMS INC | 0.22 | 5,441 | 1,318,190 | ADDED | 2.37 | |
| ARKF | ARK ETF TR | 0.04 | 4,647 | 232,722 | REDUCED | -0.96 | |
| ASML | ASML HOLDING N V | 1.30 | 8,172 | 7,930,680 | ADDED | 0.21 | |
| AVGO | BROADCOM INC | 1.61 | 7,419 | 9,833,220 | ADDED | 1.64 | |
| AXP | AMERICAN EXPRESS CO | 0.09 | 2,461 | 560,346 | UNCHANGED | 0.00 | |
| AZN | ASTRAZENECA PLC | 0.06 | 5,295 | 358,737 | ADDED | 8.00 | |
| BA | BOEING CO | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| BAC | BANK AMERICA CORP | 0.16 | 26,216 | 994,104 | REDUCED | -9.77 | |
| BIL | SPDR SER TR | 0.05 | 3,243 | 307,729 | UNCHANGED | 0.00 | |
| BIL | SPDR SER TR | 0.05 | 2,335 | 306,446 | UNCHANGED | 0.00 | |
| BLK | BLACKROCK INC | 0.39 | 2,849 | 2,375,210 | ADDED | 3.45 | |
| BMY | BRISTOL-MYERS SQUIBB CO | 0.03 | 3,857 | 209,144 | REDUCED | -77.1 | |
| BNDW | VANGUARD SCOTTSDALE FDS | 0.04 | 3,116 | 240,898 | ADDED | 12.65 | |
| BX | BLACKSTONE INC | 0.38 | 17,414 | 2,287,680 | REDUCED | -2.51 | |
| CARR | CARRIER GLOBAL CORPORATION | 0.06 | 5,900 | 342,967 | UNCHANGED | 0.00 | |
| CAT | CATERPILLAR INC | 0.21 | 3,554 | 1,302,290 | ADDED | 1.54 | |
| CMG | CHIPOTLE MEXICAN GRILL INC | 0.83 | 1,736 | 5,046,150 | ADDED | 0.64 | |
| COIN | COINBASE GLOBAL INC | 0.24 | 5,430 | 1,439,600 | UNCHANGED | 0.00 | |
| COST | COSTCO WHSL CORP NEW | 0.56 | 4,669 | 3,420,650 | ADDED | 0.86 | |
| CQP | CHENIERE ENERGY PARTNERS LP | 0.06 | 7,295 | 360,301 | ADDED | 3.48 | |
| CSCO | CISCO SYS INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| CSD | INVESCO EXCHANGE TRADED FD T | 0.13 | 4,587 | 776,901 | ADDED | 39.55 | |
| CSD | INVESCO EXCHANGE TRADED FD T | 0.09 | 6,118 | 546,277 | REDUCED | -11.98 | |
| CVX | CHEVRON CORP NEW | 0.28 | 10,828 | 1,707,990 | ADDED | 4.62 | |
| DE | DEERE & CO | 0.84 | 12,531 | 5,146,980 | ADDED | 0.7 | |
| DECK | DECKERS OUTDOOR CORP | 1.00 | 6,475 | 6,094,660 | REDUCED | -1.34 | |
| DHR | DANAHER CORPORATION | 0.12 | 2,992 | 747,163 | UNCHANGED | 0.00 | |
| DKNG | DRAFTKINGS INC NEW | 0.05 | 6,718 | 305,065 | UNCHANGED | 0.00 | |
| DWMF | WISDOMTREE TR | 0.04 | 11,850 | 218,396 | ADDED | 2.38 | |
| EOG | EOG RES INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| EPD | ENTERPRISE PRODS PARTNERS L | 0.32 | 67,229 | 1,961,740 | ADDED | 2.07 | |
| ET | ENERGY TRANSFER L P | 0.15 | 59,626 | 937,917 | ADDED | 3.38 | |
| ETN | EATON CORP PLC | 0.25 | 4,863 | 1,520,560 | ADDED | 8.24 | |
| FANG | DIAMONDBACK ENERGY INC | 0.61 | 18,811 | 3,727,780 | REDUCED | -1.26 | |
| FAST | FASTENAL CO | 0.22 | 17,434 | 1,344,860 | ADDED | 4.52 | |
| FNDA | SCHWAB STRATEGIC TR | 0.04 | 2,654 | 213,993 | NEW | ||
| GOOG | ALPHABET INC | 1.48 | 59,627 | 8,999,500 | REDUCED | -1.16 | |
| GOOG | ALPHABET INC | 0.40 | 16,180 | 2,463,570 | REDUCED | -0.98 | |
| GS | GOLDMAN SACHS GROUP INC | 0.04 | 537 | 224,300 | UNCHANGED | 0.00 | |
| HD | HOME DEPOT INC | 0.41 | 6,554 | 2,514,120 | ADDED | 4.41 | |
| HON | HONEYWELL INTL INC | 0.13 | 3,885 | 797,397 | ADDED | 3.74 | |
| HWM | HOWMET AEROSPACE INC | 0.56 | 49,714 | 3,401,930 | NEW | ||
| IDXX | IDEXX LABS INC | 0.57 | 6,484 | 3,500,910 | ADDED | 1.53 | |
| ILMN | ILLUMINA INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| INTC | INTEL CORP | 0.04 | 6,160 | 272,097 | UNCHANGED | 0.00 | |
| INTU | INTUIT | 0.45 | 4,210 | 2,736,500 | ADDED | 3.09 | |
| ISRG | INTUITIVE SURGICAL INC | 0.72 | 10,924 | 4,359,660 | ADDED | 1.13 | |
| JAMF | WISDOMTREE TR | 0.07 | 5,898 | 449,369 | ADDED | 5.6 | |
| JNJ | JOHNSON & JOHNSON | 0.50 | 19,410 | 3,070,500 | REDUCED | -1.97 | |
| JPM | JPMORGAN CHASE & CO | 1.00 | 30,431 | 6,095,300 | ADDED | 4.09 | |
| JPM | JPMORGAN CHASE & CO | 0.05 | 10,789 | 307,379 | UNCHANGED | 0.00 | |
| KLAC | KLA CORP | 0.82 | 7,146 | 4,991,980 | ADDED | 1.78 | |
| KOF | COCA-COLA FEMSA SAB DE CV | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| LHX | L3HARRIS TECHNOLOGIES INC | 0.16 | 4,731 | 1,008,180 | NEW | ||
| LLY | ELI LILLY & CO | 1.53 | 11,990 | 9,327,440 | ADDED | 0.4 | |
| LMT | LOCKHEED MARTIN CORP | 0.06 | 809 | 367,990 | REDUCED | -72.64 | |
| LNG | CHENIERE ENERGY INC | 0.65 | 24,654 | 3,976,200 | REDUCED | -0.23 | |
| MCHP | MICROCHIP TECHNOLOGY INC. | 0.12 | 8,154 | 731,496 | NEW | ||
| META | META PLATFORMS INC | 1.56 | 19,595 | 9,514,940 | ADDED | 105 | |
| MKC | MCCORMICK & CO INC | 0.06 | 4,430 | 340,269 | UNCHANGED | 0.00 | |
| MMM | 3M CO | 0.03 | 1,905 | 202,064 | UNCHANGED | 0.00 | |
| MPWR | MONOLITHIC PWR SYS INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| MRK | MERCK & CO INC | 1.30 | 59,934 | 7,908,290 | REDUCED | -1.57 | |
| MS | MORGAN STANLEY | 0.30 | 19,339 | 1,820,960 | ADDED | 3.46 | |
| MSFT | MICROSOFT CORP | 5.05 | 73,134 | 30,769,100 | ADDED | 0.21 | |
| NBIX | NEUROCRINE BIOSCIENCES INC | 0.64 | 28,306 | 3,903,960 | ADDED | 1.93 | |
| NEE | NEXTERA ENERGY INC | 0.06 | 5,567 | 355,787 | REDUCED | -61.97 | |
| NFLX | NETFLIX INC | 0.57 | 5,695 | 3,458,740 | REDUCED | -0.09 | |
| NOW | SERVICENOW INC | 0.89 | 7,111 | 5,421,050 | ADDED | 5.35 | |
| NVDA | NVIDIA CORPORATION | 4.80 | 32,417 | 29,290,700 | ADDED | 0.28 | |
| NXPI | NXP SEMICONDUCTORS N V | 0.09 | 2,151 | 532,954 | NEW | ||
| ODFL | OLD DOMINION FREIGHT LINE IN | 0.88 | 24,466 | 5,365,640 | ADDED | 105 | |
| OKE | ONEOK INC NEW | 0.06 | 4,319 | 346,255 | ADDED | 4.6 | |
| ORCL | ORACLE CORP | 0.40 | 19,285 | 2,422,390 | UNCHANGED | 0.00 | |
| PAA | PLAINS ALL AMERN PIPELINE L | 0.06 | 22,036 | 386,953 | ADDED | 3.74 | |
| PANW | PALO ALTO NETWORKS INC | 1.21 | 25,941 | 7,370,480 | ADDED | 1.39 | |
| PAYX | PAYCHEX INC | 0.17 | 8,590 | 1,054,850 | REDUCED | -4.5 | |
| PEP | PEPSICO INC | 0.10 | 3,543 | 620,061 | UNCHANGED | 0.00 | |
| PFE | PFIZER INC | 0.03 | 7,262 | 201,521 | ADDED | 0.69 | |
| PG | PROCTER AND GAMBLE CO | 0.07 | 2,716 | 440,671 | UNCHANGED | 0.00 | |
| PLD | PROLOGIS INC. | 0.05 | 2,439 | 317,607 | REDUCED | -5.61 | |
| PSX | PHILLIPS 66 | 0.04 | 1,493 | 243,867 | NEW | ||
| PWR | QUANTA SVCS INC | 1.12 | 26,286 | 6,829,100 | REDUCED | -0.33 | |
| QCOM | QUALCOMM INC | 1.25 | 44,864 | 7,595,480 | REDUCED | -0.02 | |
| QQQ | INVESCO QQQ TR | 0.61 | 8,322 | 3,695,160 | ADDED | 3.6 | |
| REGN | REGENERON PHARMACEUTICALS | 1.00 | 6,355 | 6,116,620 | REDUCED | -0.17 | |
| ROK | ROCKWELL AUTOMATION INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| RTX | RTX CORPORATION | 0.10 | 6,380 | 622,242 | ADDED | 20.83 | |
| SBUX | STARBUCKS CORP | 0.34 | 22,466 | 2,053,120 | ADDED | 0.9 | |
| SEDG | SOLAREDGE TECHNOLOGIES INC | 0.18 | 15,700 | 1,114,390 | UNCHANGED | 0.00 | |
| SHOP | SHOPIFY INC | 1.33 | 105,337 | 8,128,860 | REDUCED | -0.57 | |
| SNPS | SYNOPSYS INC | 1.19 | 12,695 | 7,255,190 | ADDED | 4.31 | |
| SO | SOUTHERN CO | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| SPGI | S&P GLOBAL INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| SPY | SPDR S&P 500 ETF TR | 0.90 | 10,512 | 5,498,510 | ADDED | 9.85 | |
| SQ | BLOCK INC | 0.06 | 4,564 | 386,024 | REDUCED | -15.96 | |
| TD | TORONTO DOMINION BK ONT | 0.07 | 6,942 | 419,158 | UNCHANGED | 0.00 | |
| TDG | TRANSDIGM GROUP INC | 0.83 | 4,119 | 5,072,960 | ADDED | 0.12 | |
| TJX | TJX COS INC NEW | 0.07 | 4,440 | 450,305 | NEW | ||
| TMO | THERMO FISHER SCIENTIFIC INC | 0.25 | 2,617 | 1,521,030 | REDUCED | -3.5 | |
| TSCO | TRACTOR SUPPLY CO | 0.12 | 2,669 | 698,531 | ADDED | 20.01 | |
| TSLA | TESLA INC | 0.09 | 3,247 | 570,703 | ADDED | 32.1 | |
| TTD | THE TRADE DESK INC | 1.99 | 138,513 | 12,108,800 | ADDED | 0.07 | |
| TXN | TEXAS INSTRS INC | 0.24 | 8,555 | 1,490,370 | ADDED | 9.2 | |
| UBER | UBER TECHNOLOGIES INC | 0.67 | 52,971 | 4,078,240 | ADDED | 0.3 | |
| ULTA | ULTA BEAUTY INC | 0.46 | 5,321 | 2,782,240 | ADDED | 0.09 | |
| UNH | UNITEDHEALTH GROUP INC | 0.64 | 7,875 | 3,895,760 | ADDED | 18.6 | |
| UNP | UNION PAC CORP | 0.07 | 1,655 | 407,015 | UNCHANGED | 0.00 | |
| V | VISA INC | 0.31 | 6,719 | 1,875,140 | ADDED | 1.36 | |
| VIG | VANGUARD SPECIALIZED FUNDS | 0.10 | 3,344 | 610,648 | REDUCED | -2.11 | |
| VIGI | VANGUARD WHITEHALL FDS | 0.10 | 5,021 | 607,491 | UNCHANGED | 0.00 | |
| VLO | VALERO ENERGY CORP | 0.41 | 14,659 | 2,502,140 | ADDED | 0.44 | |
| VOO | VANGUARD INDEX FDS | 0.33 | 12,478 | 2,032,170 | REDUCED | -1.83 | |
| VOO | VANGUARD INDEX FDS | 0.28 | 4,970 | 1,710,670 | REDUCED | -1.86 | |
| VOO | VANGUARD INDEX FDS | 0.27 | 18,751 | 1,621,590 | ADDED | 5.97 | |
| VOO | VANGUARD INDEX FDS | 0.21 | 4,978 | 1,293,780 | ADDED | 17.38 | |
| VOO | VANGUARD INDEX FDS | 0.15 | 3,577 | 893,750 | ADDED | 4.9 | |
| VOO | VANGUARD INDEX FDS | 0.04 | 571 | 274,480 | ADDED | 10.02 | |
| VOO | VANGUARD INDEX FDS | 0.04 | 1,055 | 241,163 | UNCHANGED | 0.00 | |
| VRTX | VERTEX PHARMACEUTICALS INC | 0.83 | 12,093 | 5,055,000 | ADDED | 7.07 | |
| VZ | VERIZON COMMUNICATIONS INC | 0.06 | 8,804 | 369,425 | REDUCED | -41.27 | |
| WM | WASTE MGMT INC DEL | 0.48 | 13,786 | 2,938,510 | ADDED | 2.15 | |
| WSM | WILLIAMS SONOMA INC | 0.04 | 755 | 239,736 | NEW | ||
| BLACKROCK CORPOR HI YLD FD I | 0.26 | 161,300 | 1,579,130 | ADDED | 3.73 | ||
| PIMCO CORPORATE & INCOME OPP | 0.20 | 81,532 | 1,212,380 | ADDED | 37.53 | ||
| BLACKROCK MUN TARGET TERM TR | 0.08 | 22,750 | 479,115 | UNCHANGED | 0.00 | ||
| BLACKROCK MUN INCOME QUALITY | 0.03 | 16,425 | 190,530 | REDUCED | -4.64 | ||
| NEW AMER HIGH INCOME FD INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 |