Covenant Partners is based out of Nashville. Covenant Partners is a large advisory firm with 108 clients and discretionary assets under management (AUM) of $589,690,845 (Form ADV from 2023-08-31). Their last reported 13F filing for Q4 2023 included $317,027,280 in managed 13F securities
and a top 10 holdings concentration of 61.1%. Covenant Partners's largest holding is iShares MSCI EAFE Value ETF-iShares MSCI EAFE Value ETF with shares held of 659,964. Whalewisdom has at least 22 13F filings
2023-12-31
Top Buys (13F)
Name | % Change |
---|---|
IJS iShares S&P Small-Ca | 3.48% |
AAPL Apple Inc | 0.29% |
MELI MercadoLibre Inc | 0.21% |
USB U.S. Bancorp (First | 0.19% |
SPY SPDR S&P 500 ETF TRU | 0.17% |
2023-12-31
Top Sells (13F)
Name | % Change |
---|---|
IIIV i3 Verticals Inc | 0.9% |
CSCO Cisco Systems, Inc. | 0.27% |
IWF iShares Russell 1000 | 0.26% |
TAK Takeda Pharmaceutica | 0.22% |
SNY Sanofi SA | 0.21% |
2023-12-31
13F Holdings Summary
Name | $ Change |
---|---|
EFV iShares MSCI EAFE Va | 10.85% |
EFG iShares MSCI EAFE Gr | 8.41% |
IWF iShares Russell 1000 | 7.97% |
IWS iShares Russell Mid- | 7.44% |
IWD iShares Russell 1000 | 7.14% |
2023-12-31
13F Activity
Market Value | $317m, Prior: $275m |
New Purchases | 18 stocks |
Added To | 25 stocks |
Sold out of | 13 stocks |
Reduced holdings in | 52 stocks |
Top 10 Holdings % | 61.1% |
Turnover %[1] | 16.67% |
Turnover Alt %[2] | 3.23% |
Time Held Top 20 | 13.4 quarters |
Time Held Top 10 | 17.2 quarters |
Time Held All | 12.18 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2023-12-31
13F Sector Allocation Over Time
2023-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-12-31