Filed: 4/23/2024ACC: 0001697717-24-000004
📋 What this filing means
COVENANT ASSET MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 144 equity positions with a total reported market value of $609.66M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
144
Positions
$609.66M
Total AUM (reported)
2.46M
Total Shares
Allocation by class
COM$313.51M51.4%
PUT$170.55M28.0%
CALL$27.45M4.5%
CL A$18.03M3.0%
COM CL A$15.73M2.6%
COM NEW$15.57M2.6%
CAP STK CL A$9.00M1.5%
Portfolio Concentration
Top 3$147.97M24.3%
4–10$140.01M23.0%
11–25$123.35M20.2%
Rest$198.33M32.5%
Top 3 weight
24.3%
Top 10 weight
47.2%
Voting Authority Distribution
Total shares with voting rights: 2.46M
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
2.46M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole144
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings144
Rows:
CHIPOTLE MEXICAN GRILL INC
SOLEShares25.50K
TypePRN
Market value$74.12M
12.16%
Sole
0.00
Shared
0.00
None
25.50K
BROADCOM INC
SOLEShares32.50K
TypePRN
Market value$43.08M
7.07%
Sole
0.00
Shared
0.00
None
32.50K
MICROSOFT CORP
SOLEShares73.13K
TypeSH
Market value$30.77M
5.05%
Sole
0.00
Shared
0.00
None
73.13K
NVIDIA CORPORATION
SOLEShares32.42K
TypeSH
Market value$29.29M
4.80%
Sole
0.00
Shared
0.00
None
32.42K
CHIPOTLE MEXICAN GRILL INC
SOLEShares8.50K
TypePRN
Market value$24.71M
4.05%
Sole
0.00
Shared
0.00
None
8.50K
SPDR S&P 500 ETF TR
SOLEShares42.50K
TypePRN
Market value$22.23M
3.65%
Sole
0.00
Shared
0.00
None
42.50K
APPLE INC
SOLEShares98.41K
TypeSH
Market value$16.88M
2.77%
Sole
0.00
Shared
0.00
None
98.41K
AMAZON COM INC
SOLEShares90.11K
TypeSH
Market value$16.25M
2.67%
Sole
0.00
Shared
0.00
None
90.11K
REGENERON PHARMACEUTICALS
SOLEShares16K
TypePRN
Market value$15.40M
2.53%
Sole
0.00
Shared
0.00
None
16K
SERVICENOW INC
SOLEShares20K
TypePRN
Market value$15.25M
2.50%
Sole
0.00
Shared
0.00
None
20K
THE TRADE DESK INC
SOLEShares138.51K
TypeSH
Market value$12.11M
1.99%
Sole
0.00
Shared
0.00
None
138.51K
BROADCOM INC
SOLEShares7.42K
TypeSH
Market value$9.83M
1.61%
Sole
0.00
Shared
0.00
None
7.42K
META PLATFORMS INC
SOLEShares19.59K
TypeSH
Market value$9.51M
1.56%
Sole
0.00
Shared
0.00
None
19.59K
ELI LILLY & CO
SOLEShares11.99K
TypeSH
Market value$9.33M
1.53%
Sole
0.00
Shared
0.00
None
11.99K
ALPHABET INC
SOLEShares59.63K
TypeSH
Market value$9.00M
1.48%
Sole
0.00
Shared
0.00
None
59.63K
ADVANCED MICRO DEVICES INC
SOLEShares45.57K
TypeSH
Market value$8.23M
1.35%
Sole
0.00
Shared
0.00
None
45.57K
SHOPIFY INC
SOLEShares105.34K
TypeSH
Market value$8.13M
1.33%
Sole
0.00
Shared
0.00
None
105.34K
ASML HOLDING N V
SOLEShares8.17K
TypeSH
Market value$7.93M
1.30%
Sole
0.00
Shared
0.00
None
8.17K
MERCK & CO INC
SOLEShares59.93K
TypeSH
Market value$7.91M
1.30%
Sole
0.00
Shared
0.00
None
59.93K
QUALCOMM INC
SOLEShares44.86K
TypeSH
Market value$7.60M
1.25%
Sole
0.00
Shared
0.00
None
44.86K
PALO ALTO NETWORKS INC
SOLEShares25.94K
TypeSH
Market value$7.37M
1.21%
Sole
0.00
Shared
0.00
None
25.94K
SYNOPSYS INC
SOLEShares12.70K
TypeSH
Market value$7.26M
1.19%
Sole
0.00
Shared
0.00
None
12.70K
QUANTA SVCS INC
SOLEShares26.29K
TypeSH
Market value$6.83M
1.12%
Sole
0.00
Shared
0.00
None
26.29K
ARISTA NETWORKS INC
SOLEShares21.41K
TypeSH
Market value$6.21M
1.02%
Sole
0.00
Shared
0.00
None
21.41K
REGENERON PHARMACEUTICALS
SOLEShares6.36K
TypeSH
Market value$6.12M
1.00%
Sole
0.00
Shared
0.00
None
6.36K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CHIPOTLE MEXICAN GRILL INCSOLE | PUT | 25.50K | PRN | $74.12M 12.16% | 0.00 | 0.00 | 25.50K |
BROADCOM INCSOLE | PUT | 32.50K | PRN | $43.08M 7.07% | 0.00 | 0.00 | 32.50K |
MICROSOFT CORPSOLE | COM | 73.13K | SH | $30.77M 5.05% | 0.00 | 0.00 | 73.13K |
NVIDIA CORPORATIONSOLE | COM | 32.42K | SH | $29.29M 4.80% | 0.00 | 0.00 | 32.42K |
CHIPOTLE MEXICAN GRILL INCSOLE | CALL | 8.50K | PRN | $24.71M 4.05% | 0.00 | 0.00 | 8.50K |
SPDR S&P 500 ETF TRSOLE | PUT | 42.50K | PRN | $22.23M 3.65% | 0.00 | 0.00 | 42.50K |
APPLE INCSOLE | COM | 98.41K | SH | $16.88M 2.77% | 0.00 | 0.00 | 98.41K |
AMAZON COM INCSOLE | COM | 90.11K | SH | $16.25M 2.67% | 0.00 | 0.00 | 90.11K |
REGENERON PHARMACEUTICALSSOLE | PUT | 16K | PRN | $15.40M 2.53% | 0.00 | 0.00 | 16K |
SERVICENOW INCSOLE | PUT | 20K | PRN | $15.25M 2.50% | 0.00 | 0.00 | 20K |
THE TRADE DESK INCSOLE | COM CL A | 138.51K | SH | $12.11M 1.99% | 0.00 | 0.00 | 138.51K |
BROADCOM INCSOLE | COM | 7.42K | SH | $9.83M 1.61% | 0.00 | 0.00 | 7.42K |
META PLATFORMS INCSOLE | CL A | 19.59K | SH | $9.51M 1.56% | 0.00 | 0.00 | 19.59K |
ELI LILLY & COSOLE | COM | 11.99K | SH | $9.33M 1.53% | 0.00 | 0.00 | 11.99K |
ALPHABET INCSOLE | CAP STK CL A | 59.63K | SH | $9.00M 1.48% | 0.00 | 0.00 | 59.63K |
ADVANCED MICRO DEVICES INCSOLE | COM | 45.57K | SH | $8.23M 1.35% | 0.00 | 0.00 | 45.57K |
SHOPIFY INCSOLE | CL A | 105.34K | SH | $8.13M 1.33% | 0.00 | 0.00 | 105.34K |
ASML HOLDING N VSOLE | N Y REGISTRY SHS | 8.17K | SH | $7.93M 1.30% | 0.00 | 0.00 | 8.17K |
MERCK & CO INCSOLE | COM | 59.93K | SH | $7.91M 1.30% | 0.00 | 0.00 | 59.93K |
QUALCOMM INCSOLE | COM | 44.86K | SH | $7.60M 1.25% | 0.00 | 0.00 | 44.86K |
PALO ALTO NETWORKS INCSOLE | COM | 25.94K | SH | $7.37M 1.21% | 0.00 | 0.00 | 25.94K |
SYNOPSYS INCSOLE | COM | 12.70K | SH | $7.26M 1.19% | 0.00 | 0.00 | 12.70K |
QUANTA SVCS INCSOLE | COM | 26.29K | SH | $6.83M 1.12% | 0.00 | 0.00 | 26.29K |
ARISTA NETWORKS INCSOLE | COM | 21.41K | SH | $6.21M 1.02% | 0.00 | 0.00 | 21.41K |
REGENERON PHARMACEUTICALSSOLE | COM | 6.36K | SH | $6.12M 1.00% | 0.00 | 0.00 | 6.36K |
Page 1 of 6
…