13F Pro13F Pro

Covenant Asset Management, LLC

Institutional InvestorSimilar funds →SEC EDGAR: CIK 1697717
Institutional-grade research for retail investors

Sector Allocation

  • Technology52.4%$287.5M
  • Financials10.7%$59.0M
  • Industrials10.7%$58.5M
  • Other8.0%$44.0M
  • Healthcare7.3%$40.2M
  • Consumer Discretionary5.2%$28.6M
  • Materials1.8%$9.9M
  • Consumer Staples1.7%$9.3M
  • Energy1.0%$5.4M
  • Communication Services0.6%$3.0M

AUM History

13fpro.ai/research/fund/covenant-asset-management-llc-1697717

Conviction and streaks

Stable · top 10 = 40.0%

From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.

NVDA$NVDAConviction hold9.0% weight · held 11 quartersMSFT$MSFTConviction hold6.1% weight · held 11 quartersAAPL$AAPLConviction hold4.8% weight · held 11 quartersAMZN$AMZNConviction hold3.4% weight · held 11 quartersAVGO$AVGOConviction hold3.3% weight · held 11 quarters$Accumulating+67% shares · 7 quarters running$Accumulating+99% shares · 6 quarters running$Accumulating+42% shares · 4 quarters runningARM$ARMAccumulating+1% shares · 2 quarters runningWELL$WELLAccumulating+5% shares · 2 quarters runningABBV$ABBVTrimming-24% shares · 10 quarters runningWM$WMTrimming-24% shares · 10 quarters runningCAT$CATTrimming-32% shares · 10 quarters runningEPD$EPDTrimming-26% shares · 10 quarters runningAMGN$AMGNTrimming-42% shares · 9 quarters running

Largest positions — Q3 2026

Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.

13fpro.ai/research/fund/covenant-asset-management-llc-1697717

Covenant Asset Management, LLC 13F holdings — Q3 2026

$746.1M portfolio (+25.5% QoQ) · 169 holdings · Q3 2026 13F · top 10 are 40% of the stock portfolio

Includes $197.1M of put/call options ($170.7M puts, $26.4M calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $549.0M. Weights use the stock portfolio.

All holdings — Covenant Asset Management, LLC (Q3 2026)

169 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.

Company
QQQ$QQQPUTINVESCO QQQ TRUST, SERIES 1$148.0MNew
KLAC$KLACKLA CORP$13.8M-3%
SHOP$SHOPSHOPIFY INC.$12.6M-6%
LLY$LLYELI LILLY & Co$10.2M-2%
HOOD$HOODRobinhood Markets, Inc.$9.8M-2%
SPY$SPYSPDR S&P 500 ETF TRUSTetf/fund$9.5M-2%
TSM$TSMTAIWAN SEMICONDUCTOR MANUFACTURING CO LTDadr$9.3M-3%
ANET$ANETArista Networks, Inc.$9.3M-3%
SNOW$SNOWSnowflake Inc.$8.8MNew
HWM$HWMHowmet Aerospace Inc.$8.6M-19%
ANET$ANETCALLArista Networks, Inc.$8.2MNew
JPM$JPMJPMORGAN CHASE & CO$8.2M-2%
ANET$ANETPUTArista Networks, Inc.$8.1MNew
MRK$MRKMerck & Co., Inc.$7.8M—
MS$MSMORGAN STANLEY$7.2M-3%

What changed in Q3 2026

Against the previous quarter's 13F: 18 new, 30 added to, 77 trimmed, 13 sold out. Share-count changes; largest moves by dollar size first.

New positions (18)

  • QQQ$QQQPUTINVESCO QQQ TRUST, SERIES 1$148.0M

    first bought this quarter

  • SNOW$SNOWSnowflake Inc.$8.8M

    first bought this quarter

  • ANET$ANETCALLArista Networks, Inc.$8.2M

    first bought this quarter

  • ANET$ANETPUTArista Networks, Inc.$8.1M

    first bought this quarter

  • NET$NETCloudflare, Inc.$5.7M

    first bought this quarter

  • AXON$AXONAXON ENTERPRISE, INC.$5.5M

    first bought this quarter

+12 more in the Excel export

Added to (30)

  • PLTR$PLTRPalantir Technologies Inc.+118%

    now $6.2M · held 8 qtrs

  • APH$APHAMPHENOL CORP /DE/+198%

    now $4.2M · held 2 qtrs, 2 adds in a row

  • MU$MUCALLMICRON TECHNOLOGY INC+250%

    now $3.7M

  • JNJ$JNJJOHNSON & JOHNSON+79%

    now $6.0M · held 11+ qtrs

  • CAH$CAHCARDINAL HEALTH INC+44%

    now $4.6M · held 3 qtrs

  • AVGO$AVGOPUTBroadcom Inc.+23%

    now $2.8M

+24 more in the Excel export

Trimmed (77)

  • AZN$AZNASTRAZENECA PLC-97%

    now $233K · held 11+ qtrs, 2 trims in a row

  • NVDA$NVDANVIDIA CORP-9%

    now $49.2M · held 11+ qtrs, 3 trims in a row

  • NFLX$NFLXNETFLIX INC-57%

    now $3.0M · held 11+ qtrs, 3 trims in a row

  • HWM$HWMHowmet Aerospace Inc.-19%

    now $8.6M · held 11+ qtrs, 2 trims in a row

  • SHOP$SHOPSHOPIFY INC.-6%

    now $12.6M · held 11+ qtrs, 3 trims in a row

  • AVGO$AVGOBroadcom Inc.-3%

    now $18.3M · held 11+ qtrs, 5 trims in a row

+71 more in the Excel export

Sold out (13)

  • SOFI$SOFISoFi Technologies, Inc.was $7.8M

    held 1 qtr

  • RBC$RBCRBC Bearings INCwas $6.2M

    held 2 qtrs

  • FTAI$FTAIFTAI Aviation Ltd.was $4.9M

    held 2 qtrs

  • GEV$GEVPUTGE Vernova Inc.was $2.9M
  • RH$RHRHwas $2.1M

    held 5 qtrs

  • CBOE$CBOECboe Global Markets, Inc.was $1.5M

    held 2 qtrs

+7 more in the Excel export

Firm AUM (Form ADV): $692.6M as of 2025-12-31 · SEC IAPD

Share

Holdings by quarter

Every 13F Covenant Asset Management, LLC has filed, 39 earlier quarters. Pick one to see what it held then.

Email me the moment this fund files its next 13FPro

Is it too late to follow Covenant Asset Management?

Q3 2026 13F filed with the SEC on Oct 14, 2026. Prices are closing prices as of Oct 26, 2026.

Average quality of Covenant Asset Management's top 20 holdings: 78/100 (our AI quality score, weighted by position size; 17 of the 20 are scored)

Top 10 since filing

-4.5%

Value-weighted move of the 10 largest stock positions

Turnover

7%

Last quarter; 29% over the last 4

Top 10 weight

40%

Share of the stock portfolio in its 10 largest positions

Held 4+ quarters

89%

Share of portfolio value in positions held a year or more

Highest-quality names it owns(among its 100 largest positions)

The 8 highest-scoring companies in this portfolio are a Pro feature.

How these are measured
  • Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
  • Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
  • Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
  • Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
  • Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.

Portfolio Overview

Covenant Asset Management, LLC disclosed 169 positions worth $746.1M in its Form 13F-HR for Q3 2026 — $549.0M in common stock plus $197.1M of put/call option positions (reported at underlying notional value, not premium at risk), led by $NVDA (NVIDIA CORP) at 9.0% of the equity portfolio, followed by $MSFT and $AAPL. During the quarter the fund opened 18 new positions and exited 13 — including a new stake in $QQQ and a full exit from $SOFI. The portfolio is most concentrated in Technology (52.4% of disclosed assets). All figures are sourced directly from Covenant Asset Management, LLC’s Form 13F-HR filing with the SEC under CIK 1697717.

Funds like this

managers whose biggest positions overlap Covenant Asset Management's
Winslow Capital Management, LLC$29.06B 13F book · 7 shared top holdingsASMLKLACANETADISANDS CAPITAL MANAGEMENT, LLC$26.93B 13F book · 4 shared top holdingsASMLPWRSHOPBEBlue Chip Partners, LLC$1.58B 13F book · 4 shared top holdingsKLACPWRASMLMSBensler, LLC$1.13B 13F book · 7 shared top holdingsKLACANETAXPPWRGunderson Capital Management Inc.$358.85M 13F book · 6 shared top holdingsKLACASMLPWRANETBALDWIN WEALTH PARTNERS LLC/MA$1.52B 13F book · 4 shared top holdingsKLACASMLPWRADI

Browse Top Institutional Investors

13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.

Berkshire HathawayBridgewater AssociatesCitadel AdvisorsRenaissance TechnologiesTwo Sigma InvestmentsDE Shaw & CoMillennium ManagementAQR Capital ManagementPoint72 Asset ManagementTiger Global ManagementVanguard GroupBlackRock

to search all 8,700+ institutional filers.

AI-Powered Hedge Fund Analysis: Covenant Asset Management, LLC

13F Pro is an AI hedge fund tracker and stock research platform. For Covenant Asset Management, LLC (SEC CIK: 1697717), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.

Every holding in Covenant Asset Management, LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.