Filed: 7/17/2025ACC: 0001697717-25-000007
📋 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 $676.59M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
155
Positions
$676.59M
Total AUM (reported)
3.12M
Total Shares
Allocation by class
COM$332.94M49.2%
PUT$174.96M25.9%
COM NEW$25.79M3.8%
COM CL A$22.42M3.3%
CL A$16.37M2.4%
CALL$15.05M2.2%
CL A SUB VTG SHS$11.25M1.7%
Portfolio Concentration
Top 3$181.37M26.8%
4–10$149.76M22.1%
11–25$126.07M18.6%
Rest$219.38M32.4%
Top 3 weight
26.8%
Top 10 weight
48.9%
Voting Authority Distribution
Total shares with voting rights: 3.12M
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
3.12M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole155
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings155
Rows:
INVESCO QQQ TR
SOLEShares150K
TypePRN
Market value$82.75M
12.23%
Sole
0.00
Shared
0.00
None
150K
BOOKING HOLDINGS INC
SOLEShares10K
TypePRN
Market value$57.89M
8.56%
Sole
0.00
Shared
0.00
None
10K
NVIDIA CORPORATION
SOLEShares257.84K
TypeSH
Market value$40.74M
6.02%
Sole
0.00
Shared
0.00
None
257.84K
MICROSOFT CORP
SOLEShares67.97K
TypeSH
Market value$33.81M
5.00%
Sole
0.00
Shared
0.00
None
67.97K
MERCADOLIBRE INC
SOLEShares12K
TypePRN
Market value$31.36M
4.64%
Sole
0.00
Shared
0.00
None
12K
BROADCOM INC
SOLEShares73.52K
TypeSH
Market value$20.26M
3.00%
Sole
0.00
Shared
0.00
None
73.52K
APPLE INC
SOLEShares86.94K
TypeSH
Market value$17.84M
2.64%
Sole
0.00
Shared
0.00
None
86.94K
AMAZON COM INC
SOLEShares80.33K
TypeSH
Market value$17.62M
2.60%
Sole
0.00
Shared
0.00
None
80.33K
NETFLIX INC
SOLEShares10.85K
TypeSH
Market value$14.53M
2.15%
Sole
0.00
Shared
0.00
None
10.85K
META PLATFORMS INC
SOLEShares19.43K
TypeSH
Market value$14.34M
2.12%
Sole
0.00
Shared
0.00
None
19.43K
SHOPIFY INC
SOLEShares97.56K
TypeSH
Market value$11.25M
1.66%
Sole
0.00
Shared
0.00
None
97.56K
PALO ALTO NETWORKS INC
SOLEShares50.97K
TypeSH
Market value$10.43M
1.54%
Sole
0.00
Shared
0.00
None
50.97K
QUANTA SVCS INC
SOLEShares25.43K
TypeSH
Market value$9.61M
1.42%
Sole
0.00
Shared
0.00
None
25.43K
THE TRADE DESK INC
SOLEShares132.95K
TypeSH
Market value$9.57M
1.41%
Sole
0.00
Shared
0.00
None
132.95K
HOWMET AEROSPACE INC
SOLEShares48.14K
TypeSH
Market value$8.96M
1.32%
Sole
0.00
Shared
0.00
None
48.14K
ARISTA NETWORKS INC
SOLEShares84.55K
TypeSH
Market value$8.65M
1.28%
Sole
0.00
Shared
0.00
None
84.55K
GE VERNOVA INC
SOLEShares16.34K
TypeSH
Market value$8.65M
1.28%
Sole
0.00
Shared
0.00
None
16.34K
ROBINHOOD MKTS INC
SOLEShares90.20K
TypeSH
Market value$8.45M
1.25%
Sole
0.00
Shared
0.00
None
90.20K
SERVICENOW INC
SOLEShares7.79K
TypeSH
Market value$8.00M
1.18%
Sole
0.00
Shared
0.00
None
7.79K
JPMORGAN CHASE & CO.
SOLEShares26.43K
TypeSH
Market value$7.66M
1.13%
Sole
0.00
Shared
0.00
None
26.43K
SPDR S&P 500 ETF TR
SOLEShares12.21K
TypeSH
Market value$7.54M
1.11%
Sole
0.00
Shared
0.00
None
12.21K
SPOTIFY TECHNOLOGY S A
SOLEShares9.46K
TypeSH
Market value$7.26M
1.07%
Sole
0.00
Shared
0.00
None
9.46K
ELI LILLY & CO
SOLEShares8.75K
TypeSH
Market value$6.82M
1.01%
Sole
0.00
Shared
0.00
None
8.75K
ASML HOLDING N V
SOLEShares8.25K
TypeSH
Market value$6.61M
0.98%
Sole
0.00
Shared
0.00
None
8.25K
KLA CORP
SOLEShares7.36K
TypeSH
Market value$6.59M
0.97%
Sole
0.00
Shared
0.00
None
7.36K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
INVESCO QQQ TRSOLE | PUT | 150K | PRN | $82.75M 12.23% | 0.00 | 0.00 | 150K |
BOOKING HOLDINGS INCSOLE | PUT | 10K | PRN | $57.89M 8.56% | 0.00 | 0.00 | 10K |
NVIDIA CORPORATIONSOLE | COM | 257.84K | SH | $40.74M 6.02% | 0.00 | 0.00 | 257.84K |
MICROSOFT CORPSOLE | COM | 67.97K | SH | $33.81M 5.00% | 0.00 | 0.00 | 67.97K |
MERCADOLIBRE INCSOLE | PUT | 12K | PRN | $31.36M 4.64% | 0.00 | 0.00 | 12K |
BROADCOM INCSOLE | COM | 73.52K | SH | $20.26M 3.00% | 0.00 | 0.00 | 73.52K |
APPLE INCSOLE | COM | 86.94K | SH | $17.84M 2.64% | 0.00 | 0.00 | 86.94K |
AMAZON COM INCSOLE | COM | 80.33K | SH | $17.62M 2.60% | 0.00 | 0.00 | 80.33K |
NETFLIX INCSOLE | COM | 10.85K | SH | $14.53M 2.15% | 0.00 | 0.00 | 10.85K |
META PLATFORMS INCSOLE | CL A | 19.43K | SH | $14.34M 2.12% | 0.00 | 0.00 | 19.43K |
SHOPIFY INCSOLE | CL A SUB VTG SHS | 97.56K | SH | $11.25M 1.66% | 0.00 | 0.00 | 97.56K |
PALO ALTO NETWORKS INCSOLE | COM | 50.97K | SH | $10.43M 1.54% | 0.00 | 0.00 | 50.97K |
QUANTA SVCS INCSOLE | COM | 25.43K | SH | $9.61M 1.42% | 0.00 | 0.00 | 25.43K |
THE TRADE DESK INCSOLE | COM CL A | 132.95K | SH | $9.57M 1.41% | 0.00 | 0.00 | 132.95K |
HOWMET AEROSPACE INCSOLE | COM | 48.14K | SH | $8.96M 1.32% | 0.00 | 0.00 | 48.14K |
ARISTA NETWORKS INCSOLE | COM SHS | 84.55K | SH | $8.65M 1.28% | 0.00 | 0.00 | 84.55K |
GE VERNOVA INCSOLE | COM | 16.34K | SH | $8.65M 1.28% | 0.00 | 0.00 | 16.34K |
ROBINHOOD MKTS INCSOLE | COM CL A | 90.20K | SH | $8.45M 1.25% | 0.00 | 0.00 | 90.20K |
SERVICENOW INCSOLE | COM | 7.79K | SH | $8.00M 1.18% | 0.00 | 0.00 | 7.79K |
JPMORGAN CHASE & CO.SOLE | COM | 26.43K | SH | $7.66M 1.13% | 0.00 | 0.00 | 26.43K |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 12.21K | SH | $7.54M 1.11% | 0.00 | 0.00 | 12.21K |
SPOTIFY TECHNOLOGY S ASOLE | SHS | 9.46K | SH | $7.26M 1.07% | 0.00 | 0.00 | 9.46K |
ELI LILLY & COSOLE | COM | 8.75K | SH | $6.82M 1.01% | 0.00 | 0.00 | 8.75K |
ASML HOLDING N VSOLE | N Y REGISTRY SHS | 8.25K | SH | $6.61M 0.98% | 0.00 | 0.00 | 8.25K |
KLA CORPSOLE | COM NEW | 7.36K | SH | $6.59M 0.97% | 0.00 | 0.00 | 7.36K |
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