Latest Covenant Partners, LLC Stock Portfolio

Covenant Partners, LLC Performance:

2024 Q4: 0.83%YTD: 10.92%2023: 12.46%

Performance for 2024 Q4 is 0.83%, and YTD is 10.92%, and 2023 is 12.46%.

About Covenant Partners, LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Covenant Partners, LLC reported an equity portfolio of $324.5 Millions as of 31 Dec, 2024.

The top stock holdings of Covenant Partners, LLC are IJR, AAXJ, IJR. The fund has invested 19.5% of it's portfolio in ISHARES TR and 8.8% of portfolio in ISHARES TR.

The fund managers got completely rid off MERCK & CO INC (MRK), BLACKROCK INC (BLK) and UNION PAC CORP (UNP) stocks. They significantly reduced their stock positions in ELI LILLY & CO (LLY), LOCKHEED MARTIN CORP (LMT) and MONSTER BEVERAGE CORP NEW (MNST). Covenant Partners, LLC opened new stock positions in BLACKROCK INC, CARLYLE GROUP INC (CG) and PALANTIR TECHNOLOGIES INC (PLTR). The fund showed a lot of confidence in some stocks as they added substantially to TARGA RES CORP (TRGP), PALO ALTO NETWORKS INC (PANW) and CSX CORP (CSX).

Covenant Partners, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Covenant Partners, LLC made a return of 0.83% in the last quarter. In trailing 12 months, it's portfolio return was 10.92%.

New Buys

Ticker	$ Bought
blackrock inc	1,295,740
carlyle group inc	309,454
palantir technologies inc	243,983
pinnacle finl partners inc	229,124
penumbra inc	215,632
fb finl corp	211,346
vornado rlty tr	207,636
allison transmission hldgs i	202,073

New stocks bought by Covenant Partners, LLC

Additions

Ticker	% Inc.
palo alto networks inc	100
targa res corp	100
csx corp	90.47
ishares tr	26.18
ishares tr	20.27
ishares tr	8.99
ishares tr	7.59
keysight technologies inc	5.37

Additions to existing portfolio by Covenant Partners, LLC

Reductions

Ticker	% Reduced
eli lilly & co	-90.77
lockheed martin corp	-70.5
monster beverage corp new	-58.1
nu hldgs ltd	-50.82
icon plc	-50.21
i3 verticals inc	-37.23
nvent electric plc	-37.00
linde plc	-35.55

Covenant Partners, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
energy transfer l p	-238,824
guggenheim strategic opportu	-185,606
merck & co inc	-1,335,240
abrdn australia equity fd in	-51,778
franklin ltd duration income	-68,501
sanofi	-442,887
prologis inc.	-902,524
sunoco lp/sunoco fin corp	-332,333

Covenant Partners, LLC got rid off the above stocks

Sector Distribution

Covenant Partners, LLC has about 74.8% of it's holdings in Others sector.

Sector	%
Others	74.8
Technology	7.7
Financial Services	4.9
Industrials	3.6
Consumer Cyclical	3
Healthcare	2.9

Market Cap. Distribution

Covenant Partners, LLC has about 23.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	74.9
LARGE-CAP	12.2
MEGA-CAP	11.2
MID-CAP	1.2

Stocks belong to which Index?

About 22.5% of the stocks held by Covenant Partners, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	77.5
S&P 500	21.3
RUSSELL 2000	1.2

Top 5 Winners (%)		%
TSLA	tesla inc	54.3 %
TEAM	atlassian corporation	50.2 %
RCL	royal caribbean group	30.1 %
DECK	deckers outdoor corp	27.4 %
RJF	raymond james finl inc	26.8 %

Top 5 Winners ($)		$
IJR	ishares tr	4.0 M
NVDA	nvidia corporation	0.6 M
AMZN	amazon com inc	0.5 M
AAPL	apple inc	0.3 M
DFS	discover finl svcs	0.3 M

Top 5 Losers (%)		%
PANW	palo alto networks inc	-49.1 %
MPWR	monolithic pwr sys inc	-36.0 %
DHI	d r horton inc	-26.7 %
BAH	booz allen hamilton hldg cor	-20.9 %
UBER	uber technologies inc	-19.7 %

Top 5 Losers ($)		$
PANW	palo alto networks inc	-1.1 M
IJR	ishares tr	-0.7 M
IJR	ishares tr	-0.5 M
LLY	eli lilly & co	-0.4 M
CP	canadian pacific kansas city	-0.3 M

Covenant Partners, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Covenant Partners, LLC

Covenant Partners, LLC has 154 stocks in it's portfolio. About 68.6% of the portfolio is in top 10 stocks. PANW proved to be the most loss making stock for the portfolio. IJR was the most profitable stock for Covenant Partners, LLC last quarter.

Last Reported on: 14 Feb, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	IJR	ishares tr	19.49	157,443	63,225,800	added	2.89
Historical Trend of ISHARES TR Position Held By Covenant Partners, LLC What % of Portfolio is IJR?: Number of IJR shares held: Change in No. of Shares Held:
	AAXJ	ishares tr	8.85	546,981	28,700,100	added	7.59

	IJR	ishares tr	8.78	153,886	28,489,000	added	4.97

	AAXJ	ishares tr	7.52	251,846	24,386,200	added	8.99

	IJR	ishares tr	7.15	179,261	23,185,600	added	2.31

	IJR	ishares tr	4.79	54,032	15,551,400	reduced	-5.22

	IJR	ishares tr	4.61	91,042	14,946,400	reduced	-5.54

	IJR	ishares tr	3.31	98,842	10,735,200	reduced	-5.04

	AAXJ	ishares tr	2.47	131,774	8,005,270	added	0.33

	MSFT	microsoft corp	1.63	12,537	5,284,350	reduced	-2.31

	NVDA	nvidia corporation	1.61	38,850	5,217,170	reduced	-8.6

	AAPL	apple inc	1.23	15,995	4,005,470	unchanged	0.00

	AMZN	amazon com inc	0.97	14,409	3,161,190	reduced	-10.27

	ACN	accenture plc ireland	0.68	6,246	2,197,280	reduced	-2.98

	AAXJ	ishares tr	0.67	27,564	2,167,910	reduced	-6.56

	AMP	ameriprise finl inc	0.64	3,882	2,066,890	reduced	-0.36

		ferrari n v	0.62	4,764	2,023,940	unchanged	0.00

	META	meta platforms inc	0.60	3,350	1,961,460	reduced	-11.42

	JPM	jpmorgan chase & co.	0.57	7,713	1,848,880	reduced	-0.06

	SNA	snap on inc	0.55	5,254	1,783,630	reduced	-1.3