Filed: 5/5/2025ACC: 0001697717-25-000005
📋 What this filing means
COVENANT ASSET MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 155 equity positions with a total reported market value of $454.06M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
155
Positions
$454.06M
Total AUM (reported)
3.29M
Total Shares
Allocation by class
COM$270.24M59.5%
PUT$47.19M10.4%
COM NEW$21.04M4.6%
CL A$20.32M4.5%
COM CL A$14.65M3.2%
SPONSORED ADS$9.16M2.0%
CALL$9.16M2.0%
Portfolio Concentration
Top 3$73.09M16.1%
4–10$76.29M16.8%
11–25$101.25M22.3%
Rest$203.43M44.8%
Top 3 weight
16.1%
Top 10 weight
32.9%
Voting Authority Distribution
Total shares with voting rights: 3.29M
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
3.29M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole155
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings155
Rows:
NVIDIA CORPORATION
SOLEShares249.87K
TypeSH
Market value$27.08M
5.96%
Sole
0.00
Shared
0.00
None
249.87K
MICROSOFT CORP
SOLEShares67.71K
TypeSH
Market value$25.42M
5.60%
Sole
0.00
Shared
0.00
None
67.71K
APPLE INC
SOLEShares92.71K
TypeSH
Market value$20.59M
4.54%
Sole
0.00
Shared
0.00
None
92.71K
AMAZON COM INC
SOLEShares80.24K
TypeSH
Market value$15.27M
3.36%
Sole
0.00
Shared
0.00
None
80.24K
BROADCOM INC
SOLEShares71.27K
TypeSH
Market value$11.93M
2.63%
Sole
0.00
Shared
0.00
None
71.27K
META PLATFORMS INC
SOLEShares18.69K
TypeSH
Market value$10.77M
2.37%
Sole
0.00
Shared
0.00
None
18.69K
CHIPOTLE MEXICAN GRILL INC
SOLEShares200K
TypePRN
Market value$10.04M
2.21%
Sole
0.00
Shared
0.00
None
200K
NETFLIX INC
SOLEShares10.45K
TypeSH
Market value$9.74M
2.15%
Sole
0.00
Shared
0.00
None
10.45K
NETFLIX INC
SOLEShares10K
TypePRN
Market value$9.33M
2.05%
Sole
0.00
Shared
0.00
None
10K
SHOPIFY INC
SOLEShares96.41K
TypeSH
Market value$9.21M
2.03%
Sole
0.00
Shared
0.00
None
96.41K
PALO ALTO NETWORKS INC
SOLEShares50.75K
TypeSH
Market value$8.66M
1.91%
Sole
0.00
Shared
0.00
None
50.75K
ALPHABET INC
SOLEShares55.44K
TypeSH
Market value$8.57M
1.89%
Sole
0.00
Shared
0.00
None
55.44K
SERVICENOW INC
SOLEShares10K
TypePRN
Market value$7.96M
1.75%
Sole
0.00
Shared
0.00
None
10K
THE TRADE DESK INC
SOLEShares133.74K
TypeSH
Market value$7.32M
1.61%
Sole
0.00
Shared
0.00
None
133.74K
ELI LILLY & CO
SOLEShares8.63K
TypeSH
Market value$7.13M
1.57%
Sole
0.00
Shared
0.00
None
8.63K
SPDR S&P 500 ETF TR
SOLEShares11.78K
TypeSH
Market value$6.59M
1.45%
Sole
0.00
Shared
0.00
None
11.78K
ARISTA NETWORKS INC
SOLEShares85.02K
TypeSH
Market value$6.59M
1.45%
Sole
0.00
Shared
0.00
None
85.02K
QUANTA SVCS INC
SOLEShares25.71K
TypeSH
Market value$6.54M
1.44%
Sole
0.00
Shared
0.00
None
25.71K
JPMORGAN CHASE & CO.
SOLEShares26.13K
TypeSH
Market value$6.41M
1.41%
Sole
0.00
Shared
0.00
None
26.13K
HOWMET AEROSPACE INC
SOLEShares48.31K
TypeSH
Market value$6.27M
1.38%
Sole
0.00
Shared
0.00
None
48.31K
VERTEX PHARMACEUTICALS INC
SOLEShares12.54K
TypeSH
Market value$6.08M
1.34%
Sole
0.00
Shared
0.00
None
12.54K
SERVICENOW INC
SOLEShares7.47K
TypeSH
Market value$5.95M
1.31%
Sole
0.00
Shared
0.00
None
7.47K
QUALCOMM INC
SOLEShares38.05K
TypeSH
Market value$5.85M
1.29%
Sole
0.00
Shared
0.00
None
38.05K
META PLATFORMS INC
SOLEShares10K
TypePRN
Market value$5.76M
1.27%
Sole
0.00
Shared
0.00
None
10K
CHENIERE ENERGY INC
SOLEShares24.12K
TypeSH
Market value$5.58M
1.23%
Sole
0.00
Shared
0.00
None
24.12K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 249.87K | SH | $27.08M 5.96% | 0.00 | 0.00 | 249.87K |
MICROSOFT CORPSOLE | COM | 67.71K | SH | $25.42M 5.60% | 0.00 | 0.00 | 67.71K |
APPLE INCSOLE | COM | 92.71K | SH | $20.59M 4.54% | 0.00 | 0.00 | 92.71K |
AMAZON COM INCSOLE | COM | 80.24K | SH | $15.27M 3.36% | 0.00 | 0.00 | 80.24K |
BROADCOM INCSOLE | COM | 71.27K | SH | $11.93M 2.63% | 0.00 | 0.00 | 71.27K |
META PLATFORMS INCSOLE | CL A | 18.69K | SH | $10.77M 2.37% | 0.00 | 0.00 | 18.69K |
CHIPOTLE MEXICAN GRILL INCSOLE | PUT | 200K | PRN | $10.04M 2.21% | 0.00 | 0.00 | 200K |
NETFLIX INCSOLE | COM | 10.45K | SH | $9.74M 2.15% | 0.00 | 0.00 | 10.45K |
NETFLIX INCSOLE | PUT | 10K | PRN | $9.33M 2.05% | 0.00 | 0.00 | 10K |
SHOPIFY INCSOLE | CL A | 96.41K | SH | $9.21M 2.03% | 0.00 | 0.00 | 96.41K |
PALO ALTO NETWORKS INCSOLE | COM | 50.75K | SH | $8.66M 1.91% | 0.00 | 0.00 | 50.75K |
ALPHABET INCSOLE | CAP STK CL A | 55.44K | SH | $8.57M 1.89% | 0.00 | 0.00 | 55.44K |
SERVICENOW INCSOLE | PUT | 10K | PRN | $7.96M 1.75% | 0.00 | 0.00 | 10K |
THE TRADE DESK INCSOLE | COM CL A | 133.74K | SH | $7.32M 1.61% | 0.00 | 0.00 | 133.74K |
ELI LILLY & COSOLE | COM | 8.63K | SH | $7.13M 1.57% | 0.00 | 0.00 | 8.63K |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 11.78K | SH | $6.59M 1.45% | 0.00 | 0.00 | 11.78K |
ARISTA NETWORKS INCSOLE | COM SHS | 85.02K | SH | $6.59M 1.45% | 0.00 | 0.00 | 85.02K |
QUANTA SVCS INCSOLE | COM | 25.71K | SH | $6.54M 1.44% | 0.00 | 0.00 | 25.71K |
JPMORGAN CHASE & CO.SOLE | COM | 26.13K | SH | $6.41M 1.41% | 0.00 | 0.00 | 26.13K |
HOWMET AEROSPACE INCSOLE | COM | 48.31K | SH | $6.27M 1.38% | 0.00 | 0.00 | 48.31K |
VERTEX PHARMACEUTICALS INCSOLE | COM | 12.54K | SH | $6.08M 1.34% | 0.00 | 0.00 | 12.54K |
SERVICENOW INCSOLE | COM | 7.47K | SH | $5.95M 1.31% | 0.00 | 0.00 | 7.47K |
QUALCOMM INCSOLE | COM | 38.05K | SH | $5.85M 1.29% | 0.00 | 0.00 | 38.05K |
META PLATFORMS INCSOLE | PUT | 10K | PRN | $5.76M 1.27% | 0.00 | 0.00 | 10K |
CHENIERE ENERGY INCSOLE | COM NEW | 24.12K | SH | $5.58M 1.23% | 0.00 | 0.00 | 24.12K |
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