Latest Cove Private Wealth, LLC Stock Portfolio
Cove Private Wealth, LLC Performance:
2024 Q3: 2.71%YTD: 20.44%
Performance for 2024 Q3 is 2.71%, and YTD is 20.44%.
About Cove Private Wealth, LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Cove Private Wealth, LLC reported an equity portfolio of $128.9 Millions as of 30 Sep, 2024.
The top stock holdings of Cove Private Wealth, LLC are NVDA, AAPL, MSFT. The fund has invested 11.9% of it's portfolio in NVIDIA CORPORATION and 9.4% of portfolio in APPLE INC.
The fund managers got completely rid off SPDR GOLD TR (GLD) stocks. They significantly reduced their stock positions in VERIZON COMMUNICATIONS INC (VZ), KIMBERLY-CLARK CORP (KMB) and BRISTOL-MYERS SQUIBB CO (BMY). Cove Private Wealth, LLC opened new stock positions in KELLANOVA (K) and VANGUARD INDEX FDS (VB). The fund showed a lot of confidence in some stocks as they added substantially to LAUDER ESTEE COS INC (EL), ISHARES TR (IJR) and NIKE INC (NKE).
The top stock holdings of Cove Private Wealth, LLC are NVDA, AAPL, MSFT. The fund has invested 11.9% of it's portfolio in NVIDIA CORPORATION and 9.4% of portfolio in APPLE INC.
The fund managers got completely rid off SPDR GOLD TR (GLD) stocks. They significantly reduced their stock positions in VERIZON COMMUNICATIONS INC (VZ), KIMBERLY-CLARK CORP (KMB) and BRISTOL-MYERS SQUIBB CO (BMY). Cove Private Wealth, LLC opened new stock positions in KELLANOVA (K) and VANGUARD INDEX FDS (VB). The fund showed a lot of confidence in some stocks as they added substantially to LAUDER ESTEE COS INC (EL), ISHARES TR (IJR) and NIKE INC (NKE).
Cove Private Wealth, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Cove Private Wealth, LLC made a return of 2.71% in the last quarter. In trailing 12 months, it's portfolio return was 26.22%.
New Buys
| Ticker | $ Bought |
|---|---|
| kellanova | 220,338 |
| vanguard index fds | 200,528 |
New stocks bought by Cove Private Wealth, LLC
Additions
| Ticker | % Inc. |
|---|---|
| lauder estee cos inc | 7.14 |
| ishares tr | 5.65 |
| nike inc | 0.86 |
Additions to existing portfolio by Cove Private Wealth, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| verizon communications inc | -14.96 |
| kimberly-clark corp | -14.6 |
| bristol-myers squibb co | -11.55 |
| corning inc | -9.78 |
| nucor corp | -6.45 |
| walmart inc | -5.83 |
| johnson & johnson | -4.33 |
| kenvue inc | -4.27 |
Cove Private Wealth, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| spdr gold tr | -302,089 |
Cove Private Wealth, LLC got rid off the above stocks
Sector Distribution
Cove Private Wealth, LLC has about 41.8% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 41.8 |
| Healthcare | 9.4 |
| Financial Services | 8.7 |
| Consumer Cyclical | 8 |
| Communication Services | 7 |
| Others | 6.9 |
| Industrials | 4.7 |
| Consumer Defensive | 4.7 |
| Basic Materials | 3.2 |
| Energy | 2.7 |
| Real Estate | 2.2 |
Market Cap. Distribution
Cove Private Wealth, LLC has about 91.9% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 62.4 |
| LARGE-CAP | 29.5 |
| UNALLOCATED | 6.9 |
Stocks belong to which Index?
About 92.3% of the stocks held by Cove Private Wealth, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 92.3 |
| Others | 6.9 |
Cove Private Wealth, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Cove Private Wealth, LLC
Cove Private Wealth, LLC has 74 stocks in it's portfolio. About 49.4% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Cove Private Wealth, LLC last quarter.
Last Reported on: 25 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 9.39 | 51,924 | 12,098,300 | reduced | -0.22 | ||
| ABBV | abbvie inc | 0.42 | 2,750 | 543,070 | unchanged | 0.00 | ||
| ADBE | adobe inc | 0.92 | 2,285 | 1,183,130 | unchanged | 0.00 | ||
| ALB | albemarle corp | 1.41 | 19,140 | 1,812,750 | unchanged | 0.00 | ||
| AME | ametek inc | 1.47 | 11,000 | 1,888,810 | unchanged | 0.00 | ||
| AMP | ameriprise finl inc | 1.87 | 5,123 | 2,406,840 | unchanged | 0.00 | ||
| AMT | american tower corp new | 0.90 | 5,000 | 1,162,800 | unchanged | 0.00 | ||
| AMZN | amazon com inc | 3.94 | 27,242 | 5,076,000 | unchanged | 0.00 | ||
| AVGO | broadcom inc | 3.15 | 23,500 | 4,053,750 | unchanged | 0.00 | ||
| AWK | american wtr wks co inc new | 0.68 | 5,975 | 873,784 | unchanged | 0.00 | ||
| BAC | bank america corp | 1.53 | 1,550 | 1,973,170 | unchanged | 0.00 | ||
| BAC | bank america corp | 0.19 | 6,075 | 241,056 | unchanged | 0.00 | ||
| BDX | becton dickinson & co | 0.36 | 1,925 | 464,118 | unchanged | 0.00 | ||
| BGS | b & g foods inc new | 0.79 | 114,950 | 1,020,760 | unchanged | 0.00 | ||
| BMY | bristol-myers squibb co | 0.36 | 8,995 | 465,401 | reduced | -11.55 | ||
| CB | chubb limited | 0.25 | 1,100 | 317,229 | unchanged | 0.00 | ||
| CHD | church & dwight co inc | 0.48 | 5,880 | 615,754 | unchanged | 0.00 | ||
| CI | the cigna group | 0.39 | 1,450 | 502,338 | unchanged | 0.00 | ||
| COST | costco whsl corp new | 0.81 | 1,180 | 1,046,090 | unchanged | 0.00 | ||
| CRM | salesforce inc | 0.90 | 4,225 | 1,156,420 | unchanged | 0.00 | ||