Filed: 8/2/2024ACC: 0001697717-24-000007
📋 What this filing means
COVENANT ASSET MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 163 equity positions with a total reported market value of $628.66M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
163
Positions
$628.66M
Total AUM (reported)
3.87M
Total Shares
Allocation by class
COM$332.18M52.8%
PUT$168.90M26.9%
COM NEW$17.42M2.8%
CL A$17.41M2.8%
COM CL A$16.68M2.7%
CALL$14.92M2.4%
CAP STK CL A$10.67M1.7%
Portfolio Concentration
Top 3$135.47M21.5%
4–10$138.76M22.1%
11–25$128.33M20.4%
Rest$226.10M36.0%
Top 3 weight
21.5%
Top 10 weight
43.6%
Voting Authority Distribution
Total shares with voting rights: 3.87M
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
3.87M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole163
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings163
Rows:
CHIPOTLE MEXICAN GRILL INC
SOLEShares900K
TypePRN
Market value$56.38M
8.97%
Sole
0.00
Shared
0.00
None
900K
BROADCOM INC
SOLEShares25K
TypePRN
Market value$40.14M
6.38%
Sole
0.00
Shared
0.00
None
25K
NVIDIA CORPORATION
SOLEShares315.22K
TypeSH
Market value$38.94M
6.19%
Sole
0.00
Shared
0.00
None
315.22K
MICROSOFT CORP
SOLEShares72.85K
TypeSH
Market value$32.56M
5.18%
Sole
0.00
Shared
0.00
None
72.85K
SPDR S&P 500 ETF TR
SOLEShares50K
TypePRN
Market value$27.21M
4.33%
Sole
0.00
Shared
0.00
None
50K
APPLE INC
SOLEShares102.80K
TypeSH
Market value$21.65M
3.44%
Sole
0.00
Shared
0.00
None
102.80K
AMAZON COM INC
SOLEShares83.74K
TypeSH
Market value$16.18M
2.57%
Sole
0.00
Shared
0.00
None
83.74K
SERVICENOW INC
SOLEShares20K
TypePRN
Market value$15.73M
2.50%
Sole
0.00
Shared
0.00
None
20K
THE TRADE DESK INC
SOLEShares136.56K
TypeSH
Market value$13.34M
2.12%
Sole
0.00
Shared
0.00
None
136.56K
BROADCOM INC
SOLEShares7.53K
TypeSH
Market value$12.08M
1.92%
Sole
0.00
Shared
0.00
None
7.53K
ELI LILLY & CO
SOLEShares11.91K
TypeSH
Market value$10.78M
1.71%
Sole
0.00
Shared
0.00
None
11.91K
ASML HOLDING N V
SOLEShares10.50K
TypePRN
Market value$10.74M
1.71%
Sole
0.00
Shared
0.00
None
10.50K
ALPHABET INC
SOLEShares58.58K
TypeSH
Market value$10.67M
1.70%
Sole
0.00
Shared
0.00
None
58.58K
REGENERON PHARMACEUTICALS
SOLEShares10K
TypePRN
Market value$10.51M
1.67%
Sole
0.00
Shared
0.00
None
10K
META PLATFORMS INC
SOLEShares20.33K
TypeSH
Market value$10.25M
1.63%
Sole
0.00
Shared
0.00
None
20.33K
PALO ALTO NETWORKS INC
SOLEShares25.73K
TypeSH
Market value$8.72M
1.39%
Sole
0.00
Shared
0.00
None
25.73K
ASML HOLDING N V
SOLEShares8.02K
TypeSH
Market value$8.21M
1.31%
Sole
0.00
Shared
0.00
None
8.02K
QUALCOMM INC
SOLEShares41.17K
TypeSH
Market value$8.20M
1.30%
Sole
0.00
Shared
0.00
None
41.17K
SYNOPSYS INC
SOLEShares12.79K
TypeSH
Market value$7.61M
1.21%
Sole
0.00
Shared
0.00
None
12.79K
ARISTA NETWORKS INC
SOLEShares21.49K
TypeSH
Market value$7.53M
1.20%
Sole
0.00
Shared
0.00
None
21.49K
ADVANCED MICRO DEVICES INC
SOLEShares46.16K
TypeSH
Market value$7.49M
1.19%
Sole
0.00
Shared
0.00
None
46.16K
MERCK & CO INC
SOLEShares59.78K
TypeSH
Market value$7.40M
1.18%
Sole
0.00
Shared
0.00
None
59.78K
SHOPIFY INC
SOLEShares104.44K
TypeSH
Market value$6.90M
1.10%
Sole
0.00
Shared
0.00
None
104.44K
REGENERON PHARMACEUTICALS
SOLEShares6.35K
TypeSH
Market value$6.67M
1.06%
Sole
0.00
Shared
0.00
None
6.35K
QUANTA SVCS INC
SOLEShares26.17K
TypeSH
Market value$6.65M
1.06%
Sole
0.00
Shared
0.00
None
26.17K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CHIPOTLE MEXICAN GRILL INCSOLE | PUT | 900K | PRN | $56.38M 8.97% | 0.00 | 0.00 | 900K |
BROADCOM INCSOLE | PUT | 25K | PRN | $40.14M 6.38% | 0.00 | 0.00 | 25K |
NVIDIA CORPORATIONSOLE | COM | 315.22K | SH | $38.94M 6.19% | 0.00 | 0.00 | 315.22K |
MICROSOFT CORPSOLE | COM | 72.85K | SH | $32.56M 5.18% | 0.00 | 0.00 | 72.85K |
SPDR S&P 500 ETF TRSOLE | PUT | 50K | PRN | $27.21M 4.33% | 0.00 | 0.00 | 50K |
APPLE INCSOLE | COM | 102.80K | SH | $21.65M 3.44% | 0.00 | 0.00 | 102.80K |
AMAZON COM INCSOLE | COM | 83.74K | SH | $16.18M 2.57% | 0.00 | 0.00 | 83.74K |
SERVICENOW INCSOLE | PUT | 20K | PRN | $15.73M 2.50% | 0.00 | 0.00 | 20K |
THE TRADE DESK INCSOLE | COM CL A | 136.56K | SH | $13.34M 2.12% | 0.00 | 0.00 | 136.56K |
BROADCOM INCSOLE | COM | 7.53K | SH | $12.08M 1.92% | 0.00 | 0.00 | 7.53K |
ELI LILLY & COSOLE | COM | 11.91K | SH | $10.78M 1.71% | 0.00 | 0.00 | 11.91K |
ASML HOLDING N VSOLE | PUT | 10.50K | PRN | $10.74M 1.71% | 0.00 | 0.00 | 10.50K |
ALPHABET INCSOLE | CAP STK CL A | 58.58K | SH | $10.67M 1.70% | 0.00 | 0.00 | 58.58K |
REGENERON PHARMACEUTICALSSOLE | PUT | 10K | PRN | $10.51M 1.67% | 0.00 | 0.00 | 10K |
META PLATFORMS INCSOLE | CL A | 20.33K | SH | $10.25M 1.63% | 0.00 | 0.00 | 20.33K |
PALO ALTO NETWORKS INCSOLE | COM | 25.73K | SH | $8.72M 1.39% | 0.00 | 0.00 | 25.73K |
ASML HOLDING N VSOLE | N Y REGISTRY SHS | 8.02K | SH | $8.21M 1.31% | 0.00 | 0.00 | 8.02K |
QUALCOMM INCSOLE | COM | 41.17K | SH | $8.20M 1.30% | 0.00 | 0.00 | 41.17K |
SYNOPSYS INCSOLE | COM | 12.79K | SH | $7.61M 1.21% | 0.00 | 0.00 | 12.79K |
ARISTA NETWORKS INCSOLE | COM | 21.49K | SH | $7.53M 1.20% | 0.00 | 0.00 | 21.49K |
ADVANCED MICRO DEVICES INCSOLE | COM | 46.16K | SH | $7.49M 1.19% | 0.00 | 0.00 | 46.16K |
MERCK & CO INCSOLE | COM | 59.78K | SH | $7.40M 1.18% | 0.00 | 0.00 | 59.78K |
SHOPIFY INCSOLE | CL A | 104.44K | SH | $6.90M 1.10% | 0.00 | 0.00 | 104.44K |
REGENERON PHARMACEUTICALSSOLE | COM | 6.35K | SH | $6.67M 1.06% | 0.00 | 0.00 | 6.35K |
QUANTA SVCS INCSOLE | COM | 26.17K | SH | $6.65M 1.06% | 0.00 | 0.00 | 26.17K |
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