Latest Covenant Partners, LLC Stock Portfolio
Covenant Partners, LLC Performance:
2024 Q3: 3.83%YTD: 10.01%2023: 12.46%
Performance for 2024 Q3 is 3.83%, and YTD is 10.01%, 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 $343.6 Millions as of 30 Sep, 2024.
The top stock holdings of Covenant Partners, LLC are IJR, AAXJ, IJR. The fund has invested 16.7% of it's portfolio in ISHARES TR and 8.5% of portfolio in ISHARES TR.
The fund managers got completely rid off PHILLIPS 66 (PSX), PINNACLE FINL PARTNERS INC (PNFP) and FERGUSON PLC NEW (FERG) stocks. They significantly reduced their stock positions in ATLASSIAN CORPORATION (TEAM), TAIWAN SEMICONDUCTOR MFG LTD (TSM) and ALPHABET INC (GOOG). Covenant Partners, LLC opened new stock positions in FERGUSON ENTERPRISES INC, SEA LTD (SE) and TRANSDIGM GROUP INC (TDG). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR (AAXJ), ISHARES TR (IJR) and DECKERS OUTDOOR CORP (DECK).
The top stock holdings of Covenant Partners, LLC are IJR, AAXJ, IJR. The fund has invested 16.7% of it's portfolio in ISHARES TR and 8.5% of portfolio in ISHARES TR.
The fund managers got completely rid off PHILLIPS 66 (PSX), PINNACLE FINL PARTNERS INC (PNFP) and FERGUSON PLC NEW (FERG) stocks. They significantly reduced their stock positions in ATLASSIAN CORPORATION (TEAM), TAIWAN SEMICONDUCTOR MFG LTD (TSM) and ALPHABET INC (GOOG). Covenant Partners, LLC opened new stock positions in FERGUSON ENTERPRISES INC, SEA LTD (SE) and TRANSDIGM GROUP INC (TDG). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR (AAXJ), ISHARES TR (IJR) and DECKERS OUTDOOR CORP (DECK).
Covenant Partners, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Covenant Partners, LLC made a return of 3.83% in the last quarter. In trailing 12 months, it's portfolio return was 18.36%.
New Buys
| Ticker | $ Bought |
|---|---|
| ferguson enterprises inc | 877,283 |
| sea ltd | 390,980 |
| transdigm group inc | 389,607 |
| sunoco lp/sunoco fin corp | 332,333 |
| targa res corp | 296,020 |
| blackstone inc | 289,722 |
| vanguard index fds | 273,743 |
| hamilton lane inc | 253,933 |
New stocks bought by Covenant Partners, LLC
Additions
| Ticker | % Inc. |
|---|---|
| ishares tr | 3,862 |
| ishares tr | 3,291 |
| deckers outdoor corp | 500 |
| eli lilly & co | 436 |
| ryanair holdings plc | 150 |
| costco whsl corp new | 29.76 |
| cummins inc | 18.57 |
| adobe inc | 15.9 |
Additions to existing portfolio by Covenant Partners, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| atlassian corporation | -71.3 |
| taiwan semiconductor mfg ltd | -61.15 |
| alphabet inc | -60.11 |
| ubs group ag | -50.54 |
| i3 verticals inc | -47.75 |
| alphabet inc | -46.6 |
| bp plc | -34.3 |
| darden restaurants inc | -29.53 |
Covenant Partners, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| prudential plc | -517,028 |
| coupang inc | -428,030 |
| southwestern energy co | -88,372 |
| canadian nat res ltd | -452,512 |
| verizon communications inc | -516,408 |
| pinnacle finl partners inc | -856,348 |
| championx corporation | -327,086 |
| shell plc | -595,846 |
Covenant Partners, LLC got rid off the above stocks
Sector Distribution
Covenant Partners, LLC has about 71% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 71 |
| Technology | 7.9 |
| Healthcare | 5.2 |
| Financial Services | 4.7 |
| Industrials | 4.3 |
| Consumer Cyclical | 2.8 |
| Communication Services | 1.3 |
Market Cap. Distribution
Covenant Partners, LLC has about 27.2% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 71 |
| LARGE-CAP | 14.4 |
| MEGA-CAP | 12.8 |
| MID-CAP | 1.1 |
Stocks belong to which Index?
About 26.1% of the stocks held by Covenant Partners, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 73.8 |
| S&P 500 | 24.9 |
| RUSSELL 2000 | 1.2 |
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 177 stocks in it's portfolio. About 64.2% of the portfolio is in top 10 stocks. DECK 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: 24 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 1.08 | 15,995 | 3,726,840 | reduced | -1.45 | ||
| AAXJ | ishares tr | 8.51 | 508,374 | 29,246,800 | reduced | -7.03 | ||
| AAXJ | ishares tr | 7.24 | 231,074 | 24,875,100 | reduced | -3.4 | ||
| AAXJ | ishares tr | 2.59 | 131,345 | 8,892,060 | reduced | -3.71 | ||
| AAXJ | ishares tr | 0.69 | 29,499 | 2,368,770 | reduced | -9.22 | ||
| AAXJ | ishares tr | 0.01 | 317 | 19,518 | added | 3,862 | ||
| ABBV | abbvie inc | 0.54 | 9,313 | 1,839,130 | added | 1.47 | ||
| ABT | abbott labs | 0.28 | 8,339 | 950,730 | added | 0.87 | ||
| ACGL | arch cap group ltd | 0.29 | 8,784 | 982,754 | unchanged | 0.00 | ||
| ACN | accenture plc ireland | 0.66 | 6,438 | 2,275,700 | added | 3.47 | ||
| ADBE | adobe inc | 0.22 | 1,443 | 747,157 | added | 15.9 | ||
| AHCO | adapthealth corp | 0.10 | 30,271 | 339,944 | unchanged | 0.00 | ||
| AJG | gallagher arthur j & co | 0.44 | 5,326 | 1,498,580 | added | 0.72 | ||
| AKAM | akamai technologies inc | 0.06 | 2,163 | 218,355 | new | |||
| AMAT | applied matls inc | 0.13 | 2,167 | 437,843 | reduced | -6.76 | ||
| AMD | advanced micro devices inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AMGN | amgen inc | 0.19 | 2,007 | 646,676 | added | 1.47 | ||
| AMP | ameriprise finl inc | 0.53 | 3,896 | 1,830,380 | added | 0.36 | ||
| AMZN | amazon com inc | 0.87 | 16,059 | 2,992,270 | added | 11.45 | ||
| AON | aon plc | 0.25 | 2,454 | 849,060 | unchanged | 0.00 | ||