Latest Covington Investment Advisors Inc. Stock Portfolio
Covington Investment Advisors Inc. Performance:
2024 Q3: 5.1%YTD: 3.19%2023: 15.74%
Performance for 2024 Q3 is 5.1%, and YTD is 3.19%, and 2023 is 15.74%.
About Covington Investment Advisors Inc. and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Covington Investment Advisors Inc. reported an equity portfolio of $665.2 Millions as of 30 Sep, 2024.
The top stock holdings of Covington Investment Advisors Inc. are MSFT, GOOG, AAPL. The fund has invested 5.7% of it's portfolio in MICROSOFT CORP and 5.6% of portfolio in ALPHABET INC.
They significantly reduced their stock positions in ISHARES TR (BGRN), VANGUARD INDEX FDS (VB) and GENERAL DYNAMICS CORP (GD). The fund showed a lot of confidence in some stocks as they added substantially to SCHWAB STRATEGIC TR (FNDA), META PLATFORMS INC (META) and VANGUARD SCOTTSDALE FDS (BNDW).
The top stock holdings of Covington Investment Advisors Inc. are MSFT, GOOG, AAPL. The fund has invested 5.7% of it's portfolio in MICROSOFT CORP and 5.6% of portfolio in ALPHABET INC.
They significantly reduced their stock positions in ISHARES TR (BGRN), VANGUARD INDEX FDS (VB) and GENERAL DYNAMICS CORP (GD). The fund showed a lot of confidence in some stocks as they added substantially to SCHWAB STRATEGIC TR (FNDA), META PLATFORMS INC (META) and VANGUARD SCOTTSDALE FDS (BNDW).
Covington Investment Advisors Inc. Annual Return Estimates Vs S&P 500
Our best estimate is that Covington Investment Advisors Inc. made a return of 5.1% in the last quarter. In trailing 12 months, it's portfolio return was 12.85%.
New Buys
Additions
| Ticker | % Inc. |
|---|---|
| schwab strategic tr | 200 |
| ishares tr | 11.93 |
| schwab strategic tr | 8.2 |
| ishares tr | 7.63 |
| meta platforms inc | 6.31 |
| ishares tr | 5.58 |
| vanguard scottsdale fds | 5.35 |
| abbott labs | 2.58 |
Additions to existing portfolio by Covington Investment Advisors Inc.
Reductions
| Ticker | % Reduced |
|---|---|
| ishares tr | -14.59 |
| ishares tr | -9.47 |
| vanguard index fds | -3.45 |
| general dynamics corp | -2.94 |
| wabtec corp | -2.71 |
| vanguard index fds | -2.65 |
| norfolk southn corp | -2.08 |
| jpmorgan chase & co | -1.48 |
Covington Investment Advisors Inc. reduced stake in above stock
Sold off
Sector Distribution
Covington Investment Advisors Inc. has about 26.4% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 26.4 |
| Financial Services | 12.1 |
| Healthcare | 11.7 |
| Others | 10.6 |
| Consumer Cyclical | 8.7 |
| Industrials | 8.5 |
| Communication Services | 7 |
| Consumer Defensive | 6 |
| Energy | 3.1 |
| Basic Materials | 2.7 |
| Utilities | 2.4 |
Market Cap. Distribution
Covington Investment Advisors Inc. has about 89.4% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 51.4 |
| LARGE-CAP | 38 |
| UNALLOCATED | 10.6 |
Stocks belong to which Index?
About 87% of the stocks held by Covington Investment Advisors Inc. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 87 |
| Others | 13 |
Covington Investment Advisors Inc. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Covington Investment Advisors Inc.
Covington Investment Advisors Inc. has 67 stocks in it's portfolio. About 36.9% of the portfolio is in top 10 stocks. LRCX proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Covington Investment Advisors Inc. last quarter.
Last Reported on: 13 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 4.74 | 135,436 | 31,557,000 | reduced | -0.23 | ||
| ABT | abbott labs | 1.20 | 69,901 | 7,969,000 | added | 2.58 | ||
| ACN | accenture plc ireland | 2.34 | 44,078 | 15,591,000 | added | 1.54 | ||
| ACWF | ishares tr | 0.30 | 80,417 | 2,018,000 | added | 5.58 | ||
| ACWF | ishares tr | 0.28 | 72,731 | 1,834,000 | reduced | -1.33 | ||
| AGT | ishares tr | 0.30 | 81,420 | 1,979,000 | added | 7.63 | ||
| AMZN | amazon com inc | 2.80 | 99,908 | 18,616,000 | added | 1.01 | ||
| ANET | arista networks inc | 2.39 | 41,418 | 15,897,000 | added | 0.75 | ||
| APD | air prods & chems inc | 1.66 | 37,069 | 11,037,000 | added | 0.07 | ||
| AVGO | broadcom inc | 3.83 | 147,497 | 25,443,000 | added | 0.76 | ||
| BGRN | ishares tr | 1.15 | 298,050 | 7,646,000 | reduced | -0.1 | ||
| BGRN | ishares tr | 1.09 | 286,315 | 7,287,000 | added | 0.55 | ||
| BGRN | ishares tr | 1.08 | 269,643 | 7,189,000 | reduced | -9.47 | ||
| BGRN | ishares tr | 0.93 | 237,262 | 6,193,000 | reduced | -14.59 | ||
| BGRN | ishares tr | 0.30 | 80,475 | 1,961,000 | added | 11.93 | ||
| BLK | blackrock inc | 2.13 | 14,933 | 14,179,000 | added | 0.74 | ||
| BNDW | vanguard scottsdale fds | 1.23 | 97,867 | 8,196,000 | added | 5.35 | ||
| BX | blackstone inc | 1.13 | 49,235 | 7,539,000 | added | 0.22 | ||
| CAT | caterpillar inc | 0.86 | 14,545 | 5,689,000 | added | 1.54 | ||
| CEG | constellation energy corp | 0.43 | 10,932 | 2,843,000 | unchanged | 0.00 | ||