Latest Covestor Ltd Stock Portfolio
Covestor Ltd Performance:
2024 Q3: 3.52%YTD: 7.31%2023: 16.4%
Performance for 2024 Q3 is 3.52%, and YTD is 7.31%, and 2023 is 16.4%.
About Covestor Ltd and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Covestor Ltd reported an equity portfolio of $159.5 Millions as of 30 Sep, 2024.
The top stock holdings of Covestor Ltd are NVDA, VB, VEA. The fund has invested 1.3% of it's portfolio in NVIDIA CORP and 1.2% of portfolio in VANGUARD TOTAL STOCK MKT ETF.
The fund managers got completely rid off ADAMS DIVERSIFIED EQUITY, PIMCO 15PLUS YR US TIPS INDX (BOND) and WESTROCK CO (WRK) stocks. They significantly reduced their stock positions in FOOT LOCKER INC (FL), BJ'S RESTAURANTS INC (BJRI) and O-I GLASS INC (OI). Covestor Ltd opened new stock positions in DRX DLY HOMEBUILDERS BULL 3X (BRZU), CELESTICA INC and BIOVENTUS INC - A (BVS). The fund showed a lot of confidence in some stocks as they added substantially to COMPASS INC - CLASS A (COMP), ARCELLX INC (ACLX) and STEPSTONE GROUP INC-CLASS A (STEP).
The top stock holdings of Covestor Ltd are NVDA, VB, VEA. The fund has invested 1.3% of it's portfolio in NVIDIA CORP and 1.2% of portfolio in VANGUARD TOTAL STOCK MKT ETF.
The fund managers got completely rid off ADAMS DIVERSIFIED EQUITY, PIMCO 15PLUS YR US TIPS INDX (BOND) and WESTROCK CO (WRK) stocks. They significantly reduced their stock positions in FOOT LOCKER INC (FL), BJ'S RESTAURANTS INC (BJRI) and O-I GLASS INC (OI). Covestor Ltd opened new stock positions in DRX DLY HOMEBUILDERS BULL 3X (BRZU), CELESTICA INC and BIOVENTUS INC - A (BVS). The fund showed a lot of confidence in some stocks as they added substantially to COMPASS INC - CLASS A (COMP), ARCELLX INC (ACLX) and STEPSTONE GROUP INC-CLASS A (STEP).
Covestor Ltd Annual Return Estimates Vs S&P 500
Our best estimate is that Covestor Ltd made a return of 3.52% in the last quarter. In trailing 12 months, it's portfolio return was 16.19%.
New Buys
| Ticker | $ Bought |
|---|---|
| drx dly homebuilders bull 3x | 239,000 |
| celestica inc | 204,000 |
| labcorp holdings inc | 195,000 |
| sable offshore corp | 130,000 |
| smurfit westrock plc | 105,000 |
New stocks bought by Covestor Ltd
Additions
| Ticker | % Inc. |
|---|---|
| compass inc - class a | 99,037 |
| arcellx inc | 53,766 |
| stepstone group inc-class a | 50,250 |
| kinetik holdings inc | 13,790 |
| ies holdings inc | 10,290 |
| trex company inc | 1,759 |
| fortune brands innovations i | 1,426 |
| cohen & steers inc | 1,172 |
Additions to existing portfolio by Covestor Ltd
Reductions
| Ticker | % Reduced |
|---|---|
| cadence design sys inc | -69.45 |
| caesars entertainment inc | -64.43 |
| amgen inc | -58.83 |
| gen digital inc | -58.44 |
| gilead sciences inc | -52.19 |
| blackstone mortgage tru-cl a | -51.8 |
| synopsys inc | -48.37 |
| cirrus logic inc | -45.62 |
Covestor Ltd reduced stake in above stock
Sold off
Sector Distribution
Covestor Ltd has about 19.2% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 19.2 |
| Others | 15.4 |
| Industrials | 13.8 |
| Healthcare | 10.4 |
| Financial Services | 9.4 |
| Consumer Cyclical | 9.1 |
| Real Estate | 5.5 |
| Communication Services | 5.3 |
| Consumer Defensive | 3.5 |
| Basic Materials | 3.3 |
| Energy | 3.2 |
| Utilities | 1.8 |
Market Cap. Distribution
Covestor Ltd has about 43.6% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 34.7 |
| LARGE-CAP | 33.4 |
| UNALLOCATED | 15.6 |
| MEGA-CAP | 10.2 |
| SMALL-CAP | 5.1 |
Stocks belong to which Index?
About 60% of the stocks held by Covestor Ltd either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 40.1 |
| S&P 500 | 37.2 |
| RUSSELL 2000 | 22.8 |
Covestor Ltd Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Covestor Ltd
Covestor Ltd has 2812 stocks in it's portfolio. About 9.8% of the portfolio is in top 10 stocks. DECK proved to be the most loss making stock for the portfolio. LUMN was the most profitable stock for Covestor Ltd last quarter.
Last Reported on: 01 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAON | aaon inc | 0.15 | 2,234 | 241,000 | reduced | -3.29 | ||
| AAP | advance auto parts inc | 0.07 | 2,756 | 107,000 | reduced | -24.62 | ||
| AAPL | apple inc | 0.98 | 6,721 | 1,566,000 | reduced | -4.76 | ||
| AAXJ | ishares national muni bond e | 0.21 | 3,151 | 342,000 | added | 7.21 | ||
| ABBV | abbvie inc | 0.17 | 1,367 | 270,000 | added | 4.59 | ||
| ABG | asbury automotive group | 0.34 | 2,265 | 541,000 | unchanged | 0.00 | ||
| ABM | abm industries inc | 0.10 | 3,140 | 166,000 | reduced | -21.44 | ||
| ABNB | airbnb inc-class a | 0.10 | 1,317 | 168,000 | reduced | -10.1 | ||
| ABR | arbor realty trust inc | 0.11 | 11,344 | 177,000 | reduced | -35.73 | ||
| ABT | abbott laboratories . | 0.13 | 1,837 | 209,000 | reduced | -18.82 | ||
| ACGL | arch capital group ltd | 0.10 | 1,386 | 155,000 | added | 4.45 | ||
| ACLS | axcelis technologies inc | 0.10 | 1,501 | 158,000 | reduced | -34.6 | ||
| ACLX | arcellx inc | 0.09 | 1,616 | 135,000 | added | 53,766 | ||
| ACN | accenture plc-cl a | 0.27 | 1,200 | 425,000 | added | 7.53 | ||
| ADBE | adobe inc | 0.15 | 465 | 241,000 | reduced | -11.09 | ||
| ADC | agree realty corp | 0.12 | 2,654 | 200,000 | reduced | -11.27 | ||
| ADM | archer-daniels-midland co | 0.10 | 2,644 | 158,000 | reduced | -8.8 | ||
| ADNT | adient plc | 0.08 | 5,482 | 124,000 | added | 23.19 | ||
| ADP | automatic data processing | 0.18 | 1,067 | 295,000 | added | 5.96 | ||
| ADSK | autodesk inc | 0.09 | 494 | 137,000 | reduced | -3.89 | ||