Filed: 1/22/2024ACC: 0001697717-24-000002
📋 What this filing means
COVENANT ASSET MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 154 equity positions with a total reported market value of $556.64M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
154
Positions
$556.64M
Total AUM (reported)
2.44M
Total Shares
Allocation by class
COM$277.12M49.8%
PUT$154.42M27.7%
CALL$42.87M7.7%
COM NEW$14.22M2.6%
COM CL A$12.87M2.3%
CL A$12.05M2.2%
CAP STK CL A$8.43M1.5%
Portfolio Concentration
Top 3$146.37M26.3%
4–10$109.46M19.7%
11–25$99.79M17.9%
Rest$201.03M36.1%
Top 3 weight
26.3%
Top 10 weight
46.0%
Voting Authority Distribution
Total shares with voting rights: 2.44M
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
2.44M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole154
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings154
Rows:
CHIPOTLE MEXICAN GRILL INC
SOLEShares38K
TypePRN
Market value$86.90M
15.61%
Sole
0.00
Shared
0.00
None
38K
CHIPOTLE MEXICAN GRILL INC
SOLEShares14K
TypePRN
Market value$32.02M
5.75%
Sole
0.00
Shared
0.00
None
14K
MICROSOFT CORP
SOLEShares72.98K
TypeSH
Market value$27.44M
4.93%
Sole
0.00
Shared
0.00
None
72.98K
BROADCOM INC
SOLEShares20K
TypePRN
Market value$22.32M
4.01%
Sole
0.00
Shared
0.00
None
20K
APPLE INC
SOLEShares99.78K
TypeSH
Market value$19.21M
3.45%
Sole
0.00
Shared
0.00
None
99.78K
NVIDIA CORPORATION
SOLEShares32.33K
TypeSH
Market value$16.01M
2.88%
Sole
0.00
Shared
0.00
None
32.33K
SERVICENOW INC
SOLEShares20K
TypePRN
Market value$14.13M
2.54%
Sole
0.00
Shared
0.00
None
20K
REGENERON PHARMACEUTICALS
SOLEShares16K
TypePRN
Market value$14.05M
2.52%
Sole
0.00
Shared
0.00
None
16K
AMAZON COM INC
SOLEShares90.62K
TypeSH
Market value$13.77M
2.47%
Sole
0.00
Shared
0.00
None
90.62K
THE TRADE DESK INC
SOLEShares138.42K
TypeSH
Market value$9.96M
1.79%
Sole
0.00
Shared
0.00
None
138.42K
ALPHABET INC
SOLEShares60.33K
TypeSH
Market value$8.43M
1.51%
Sole
0.00
Shared
0.00
None
60.33K
SHOPIFY INC
SOLEShares105.94K
TypeSH
Market value$8.25M
1.48%
Sole
0.00
Shared
0.00
None
105.94K
BROADCOM INC
SOLEShares7.30K
TypeSH
Market value$8.15M
1.46%
Sole
0.00
Shared
0.00
None
7.30K
PALO ALTO NETWORKS INC
SOLEShares25.59K
TypeSH
Market value$7.54M
1.36%
Sole
0.00
Shared
0.00
None
25.59K
ELI LILLY & CO
SOLEShares11.94K
TypeSH
Market value$6.96M
1.25%
Sole
0.00
Shared
0.00
None
11.94K
ELI LILLY & CO
SOLEShares11.50K
TypePRN
Market value$6.70M
1.20%
Sole
0.00
Shared
0.00
None
11.50K
ADVANCED MICRO DEVICES INC
SOLEShares45.13K
TypeSH
Market value$6.65M
1.20%
Sole
0.00
Shared
0.00
None
45.13K
MERCK & CO INC
SOLEShares60.89K
TypeSH
Market value$6.64M
1.19%
Sole
0.00
Shared
0.00
None
60.89K
QUALCOMM INC
SOLEShares44.88K
TypeSH
Market value$6.49M
1.17%
Sole
0.00
Shared
0.00
None
44.88K
SYNOPSYS INC
SOLEShares12.17K
TypeSH
Market value$6.27M
1.13%
Sole
0.00
Shared
0.00
None
12.17K
ASML HOLDING N V
SOLEShares8.15K
TypeSH
Market value$6.17M
1.11%
Sole
0.00
Shared
0.00
None
8.15K
QUANTA SVCS INC
SOLEShares26.37K
TypeSH
Market value$5.69M
1.02%
Sole
0.00
Shared
0.00
None
26.37K
REGENERON PHARMACEUTICALS
SOLEShares6.37K
TypeSH
Market value$5.59M
1.00%
Sole
0.00
Shared
0.00
None
6.37K
KLA CORP
SOLEShares9K
TypePRN
Market value$5.23M
0.94%
Sole
0.00
Shared
0.00
None
9K
ARISTA NETWORKS INC
SOLEShares21.30K
TypeSH
Market value$5.02M
0.90%
Sole
0.00
Shared
0.00
None
21.30K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CHIPOTLE MEXICAN GRILL INCSOLE | PUT | 38K | PRN | $86.90M 15.61% | 0.00 | 0.00 | 38K |
CHIPOTLE MEXICAN GRILL INCSOLE | CALL | 14K | PRN | $32.02M 5.75% | 0.00 | 0.00 | 14K |
MICROSOFT CORPSOLE | COM | 72.98K | SH | $27.44M 4.93% | 0.00 | 0.00 | 72.98K |
BROADCOM INCSOLE | PUT | 20K | PRN | $22.32M 4.01% | 0.00 | 0.00 | 20K |
APPLE INCSOLE | COM | 99.78K | SH | $19.21M 3.45% | 0.00 | 0.00 | 99.78K |
NVIDIA CORPORATIONSOLE | COM | 32.33K | SH | $16.01M 2.88% | 0.00 | 0.00 | 32.33K |
SERVICENOW INCSOLE | PUT | 20K | PRN | $14.13M 2.54% | 0.00 | 0.00 | 20K |
REGENERON PHARMACEUTICALSSOLE | PUT | 16K | PRN | $14.05M 2.52% | 0.00 | 0.00 | 16K |
AMAZON COM INCSOLE | COM | 90.62K | SH | $13.77M 2.47% | 0.00 | 0.00 | 90.62K |
THE TRADE DESK INCSOLE | COM CL A | 138.42K | SH | $9.96M 1.79% | 0.00 | 0.00 | 138.42K |
ALPHABET INCSOLE | CAP STK CL A | 60.33K | SH | $8.43M 1.51% | 0.00 | 0.00 | 60.33K |
SHOPIFY INCSOLE | CL A | 105.94K | SH | $8.25M 1.48% | 0.00 | 0.00 | 105.94K |
BROADCOM INCSOLE | COM | 7.30K | SH | $8.15M 1.46% | 0.00 | 0.00 | 7.30K |
PALO ALTO NETWORKS INCSOLE | COM | 25.59K | SH | $7.54M 1.36% | 0.00 | 0.00 | 25.59K |
ELI LILLY & COSOLE | COM | 11.94K | SH | $6.96M 1.25% | 0.00 | 0.00 | 11.94K |
ELI LILLY & COSOLE | PUT | 11.50K | PRN | $6.70M 1.20% | 0.00 | 0.00 | 11.50K |
ADVANCED MICRO DEVICES INCSOLE | COM | 45.13K | SH | $6.65M 1.20% | 0.00 | 0.00 | 45.13K |
MERCK & CO INCSOLE | COM | 60.89K | SH | $6.64M 1.19% | 0.00 | 0.00 | 60.89K |
QUALCOMM INCSOLE | COM | 44.88K | SH | $6.49M 1.17% | 0.00 | 0.00 | 44.88K |
SYNOPSYS INCSOLE | COM | 12.17K | SH | $6.27M 1.13% | 0.00 | 0.00 | 12.17K |
ASML HOLDING N VSOLE | N Y REGISTRY SHS | 8.15K | SH | $6.17M 1.11% | 0.00 | 0.00 | 8.15K |
QUANTA SVCS INCSOLE | COM | 26.37K | SH | $5.69M 1.02% | 0.00 | 0.00 | 26.37K |
REGENERON PHARMACEUTICALSSOLE | COM | 6.37K | SH | $5.59M 1.00% | 0.00 | 0.00 | 6.37K |
KLA CORPSOLE | PUT | 9K | PRN | $5.23M 0.94% | 0.00 | 0.00 | 9K |
ARISTA NETWORKS INCSOLE | COM | 21.30K | SH | $5.02M 0.90% | 0.00 | 0.00 | 21.30K |
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