Filed: 10/31/2023ACC: 0001697717-23-000008
📋 What this filing means
COVENANT ASSET MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 150 equity positions with a total reported market value of $379.32M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
150
Positions
$379.32M
Total AUM (reported)
2.47M
Total Shares
Allocation by class
COM$250.65M66.1%
CALL$34.08M9.0%
PUT$20.83M5.5%
COM NEW$12.97M3.4%
COM CL A$12.91M3.4%
CL A$9.02M2.4%
CAP STK CL A$7.78M2.1%
Portfolio Concentration
Top 3$67.90M17.9%
4–10$69.83M18.4%
11–25$76.31M20.1%
Rest$165.27M43.6%
Top 3 weight
17.9%
Top 10 weight
36.3%
Voting Authority Distribution
Total shares with voting rights: 2.47M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
2.47M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole150
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings150
Rows:
CHIPOTLE MEXICAN GRILL INC
SOLEShares14K
TypePRN
Market value$25.65M
6.76%
Sole
0.00
Shared
0.00
None
14K
MICROSOFT CORP
SOLEShares77.97K
TypeSH
Market value$24.62M
6.49%
Sole
0.00
Shared
0.00
None
77.97K
APPLE INC
SOLEShares103.04K
TypeSH
Market value$17.64M
4.65%
Sole
0.00
Shared
0.00
None
103.04K
NVIDIA CORPORATION
SOLEShares32.47K
TypeSH
Market value$14.12M
3.72%
Sole
0.00
Shared
0.00
None
32.47K
CHIPOTLE MEXICAN GRILL INC
SOLEShares7K
TypePRN
Market value$12.82M
3.38%
Sole
0.00
Shared
0.00
None
7K
AMAZON COM INC
SOLEShares91.48K
TypeSH
Market value$11.63M
3.07%
Sole
0.00
Shared
0.00
None
91.48K
THE TRADE DESK INC
SOLEShares137.90K
TypeSH
Market value$10.78M
2.84%
Sole
0.00
Shared
0.00
None
137.90K
ALPHABET INC
SOLEShares59.47K
TypeSH
Market value$7.78M
2.05%
Sole
0.00
Shared
0.00
None
59.47K
MERCK & CO INC
SOLEShares63.41K
TypeSH
Market value$6.53M
1.72%
Sole
0.00
Shared
0.00
None
63.41K
ELI LILLY & CO
SOLEShares11.48K
TypeSH
Market value$6.17M
1.63%
Sole
0.00
Shared
0.00
None
11.48K
BROADCOM INC
SOLEShares7.32K
TypeSH
Market value$6.08M
1.60%
Sole
0.00
Shared
0.00
None
7.32K
PALO ALTO NETWORKS INC
SOLEShares25.34K
TypeSH
Market value$5.94M
1.57%
Sole
0.00
Shared
0.00
None
25.34K
SHOPIFY INC
SOLEShares108K
TypeSH
Market value$5.89M
1.55%
Sole
0.00
Shared
0.00
None
108K
SYNOPSYS INC
SOLEShares12.31K
TypeSH
Market value$5.65M
1.49%
Sole
0.00
Shared
0.00
None
12.31K
DEERE & CO
SOLEShares14.81K
TypeSH
Market value$5.59M
1.47%
Sole
0.00
Shared
0.00
None
14.81K
QUALCOMM INC
SOLEShares46.67K
TypeSH
Market value$5.18M
1.37%
Sole
0.00
Shared
0.00
None
46.67K
QUANTA SVCS INC
SOLEShares27.07K
TypeSH
Market value$5.06M
1.34%
Sole
0.00
Shared
0.00
None
27.07K
REGENERON PHARMACEUTICALS
SOLEShares6.14K
TypeSH
Market value$5.06M
1.33%
Sole
0.00
Shared
0.00
None
6.14K
OLD DOMINION FREIGHT LINE IN
SOLEShares11.98K
TypeSH
Market value$4.90M
1.29%
Sole
0.00
Shared
0.00
None
11.98K
AUTOMATIC DATA PROCESSING IN
SOLEShares20.01K
TypeSH
Market value$4.81M
1.27%
Sole
0.00
Shared
0.00
None
20.01K
ASML HOLDING N V
SOLEShares8.16K
TypeSH
Market value$4.80M
1.27%
Sole
0.00
Shared
0.00
None
8.16K
ADVANCED MICRO DEVICES INC
SOLEShares43.77K
TypeSH
Market value$4.50M
1.19%
Sole
0.00
Shared
0.00
None
43.77K
JPMORGAN CHASE & CO
SOLEShares30.05K
TypeSH
Market value$4.36M
1.15%
Sole
0.00
Shared
0.00
None
30.05K
ON SEMICONDUCTOR CORP
SOLEShares45.80K
TypeSH
Market value$4.26M
1.12%
Sole
0.00
Shared
0.00
None
45.80K
CHENIERE ENERGY INC
SOLEShares25.43K
TypeSH
Market value$4.22M
1.11%
Sole
0.00
Shared
0.00
None
25.43K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CHIPOTLE MEXICAN GRILL INCSOLE | CALL | 14K | PRN | $25.65M 6.76% | 0.00 | 0.00 | 14K |
MICROSOFT CORPSOLE | COM | 77.97K | SH | $24.62M 6.49% | 0.00 | 0.00 | 77.97K |
APPLE INCSOLE | COM | 103.04K | SH | $17.64M 4.65% | 0.00 | 0.00 | 103.04K |
NVIDIA CORPORATIONSOLE | COM | 32.47K | SH | $14.12M 3.72% | 0.00 | 0.00 | 32.47K |
CHIPOTLE MEXICAN GRILL INCSOLE | PUT | 7K | PRN | $12.82M 3.38% | 0.00 | 0.00 | 7K |
AMAZON COM INCSOLE | COM | 91.48K | SH | $11.63M 3.07% | 0.00 | 0.00 | 91.48K |
THE TRADE DESK INCSOLE | COM CL A | 137.90K | SH | $10.78M 2.84% | 0.00 | 0.00 | 137.90K |
ALPHABET INCSOLE | CAP STK CL A | 59.47K | SH | $7.78M 2.05% | 0.00 | 0.00 | 59.47K |
MERCK & CO INCSOLE | COM | 63.41K | SH | $6.53M 1.72% | 0.00 | 0.00 | 63.41K |
ELI LILLY & COSOLE | COM | 11.48K | SH | $6.17M 1.63% | 0.00 | 0.00 | 11.48K |
BROADCOM INCSOLE | COM | 7.32K | SH | $6.08M 1.60% | 0.00 | 0.00 | 7.32K |
PALO ALTO NETWORKS INCSOLE | COM | 25.34K | SH | $5.94M 1.57% | 0.00 | 0.00 | 25.34K |
SHOPIFY INCSOLE | CL A | 108K | SH | $5.89M 1.55% | 0.00 | 0.00 | 108K |
SYNOPSYS INCSOLE | COM | 12.31K | SH | $5.65M 1.49% | 0.00 | 0.00 | 12.31K |
DEERE & COSOLE | COM | 14.81K | SH | $5.59M 1.47% | 0.00 | 0.00 | 14.81K |
QUALCOMM INCSOLE | COM | 46.67K | SH | $5.18M 1.37% | 0.00 | 0.00 | 46.67K |
QUANTA SVCS INCSOLE | COM | 27.07K | SH | $5.06M 1.34% | 0.00 | 0.00 | 27.07K |
REGENERON PHARMACEUTICALSSOLE | COM | 6.14K | SH | $5.06M 1.33% | 0.00 | 0.00 | 6.14K |
OLD DOMINION FREIGHT LINE INSOLE | COM | 11.98K | SH | $4.90M 1.29% | 0.00 | 0.00 | 11.98K |
AUTOMATIC DATA PROCESSING INSOLE | COM | 20.01K | SH | $4.81M 1.27% | 0.00 | 0.00 | 20.01K |
ASML HOLDING N VSOLE | N Y REGISTRY SHS | 8.16K | SH | $4.80M 1.27% | 0.00 | 0.00 | 8.16K |
ADVANCED MICRO DEVICES INCSOLE | COM | 43.77K | SH | $4.50M 1.19% | 0.00 | 0.00 | 43.77K |
JPMORGAN CHASE & COSOLE | COM | 30.05K | SH | $4.36M 1.15% | 0.00 | 0.00 | 30.05K |
ON SEMICONDUCTOR CORPSOLE | COM | 45.80K | SH | $4.26M 1.12% | 0.00 | 0.00 | 45.80K |
CHENIERE ENERGY INCSOLE | COM NEW | 25.43K | SH | $4.22M 1.11% | 0.00 | 0.00 | 25.43K |
Page 1 of 6
…