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Asset Manager ← All Institutions

Covenant Asset Management, LLC

125 MAPLE AVENUE, CHESTER, NJ 07930 • 9088795330

Q4 2025 · Filed 2026-01-30
Market Value
$519M
-2.0%
Holdings
150
+5
New Purchases
10
Added To
46
Closed
11
Reduced
55
Top 10 Concentration
40.2%
Turnover
14.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
W 0.85% 0.00% +0.85% $4M
TSLA 1.59% 0.84% +0.74% $8M
EL 0.70% 0.00% +0.70% $4M
IBKR 0.58% 0.00% +0.58% $3M
GOOGL 2.28% 1.71% +0.57% $12M
LLY 1.83% 1.28% +0.55% $9M
AGX 0.53% 0.00% +0.53% $3M
SOFI 0.91% 0.41% +0.50% $5M
ADI 0.48% 0.00% +0.48% $2M
CRDO 0.42% 0.00% +0.42% $2M
SHOP 2.99% 2.72% +0.27% $16M
AVGO 4.80% 4.53% +0.27% $25M
AMZN 3.59% 3.33% +0.26% $19M
MRK 1.12% 0.88% +0.25% $6M
BIV 0.23% 0.00% +0.23% $1M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MELI 0.00% 1.10% -1.10% $0
LNG 0.00% 1.09% -1.09% $0
RH 0.19% 1.23% -1.04% $1M
SE 0.00% 0.99% -0.99% $0
KKR 0.00% 0.73% -0.73% $0
NOW 0.62% 1.35% -0.73% $3M
NFLX 1.99% 2.47% -0.48% $10M
HOOD 1.96% 2.43% -0.46% $10M
DASH 0.00% 0.43% -0.43% $0
ORCL 0.82% 1.21% -0.39% $4M
TTD 0.84% 1.22% -0.37% $4M
MSFT 6.37% 6.64% -0.27% $33M
ANET 2.11% 2.30% -0.19% $11M
ARM 0.70% 0.89% -0.18% $4M
META 2.51% 2.70% -0.18% $13M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Technology 36.2%
Financial Services 19.7%
Industrials 13.8%
Healthcare 9.2%
Communication Services 8.9%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 46 $329M 63.4%
Large Cap 85 $173M 33.4%
Mid Cap 10 $12M 2.4%
Small Cap 7 $4M 0.8%
Micro Cap 2 $386K 0.1%

Portfolio Analytics

Avg Market Cap
$366.1B
Median Market Cap
$109.4B
Avg P/E
45.0
Median P/E
31.5
Avg Dividend Yield
0.02%
Avg Beta
1.16
# Stocks
116
# ETFs / Funds
34

Top Holdings (150 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 9.18% 255,291 $48M $186.50 -$240K -1,179 -0.5%
2 MSFT 6.37% 68,277 $33M $483.62 -$2M +434 +0.6%
3 AVGO 4.80% 71,840 $25M $346.10 $906K -778 -1.1%
4 AAPL 4.21% 80,379 $22M $271.86 $696K -2,705 -3.3%
5 AMZN 3.59% 80,702 $19M $230.82 $995K +396 +0.5%
6 SHOP 2.99% 96,447 $16M $160.97 $1M -540 -0.6%
7 META 2.51% 19,751 $13M $660.08 -$1M +324 +1.7%
8 GOOGL 2.28% 37,767 $12M $313.00 $3M +504 +1.4%
9 ANET 2.11% 83,491 $11M $131.03 -$1M +100 +0.1%
10 GEV 2.10% 16,694 $11M $653.57 $791K +236 +1.4%
11 PWR 2.05% 25,154 $11M $422.06 $133K -142 -0.6%
12 NFLX 1.99% 109,882 $10M $93.76 -$3M +98,969 +906.9%
13 HOOD 1.96% 90,062 $10M $113.10 -$3M +390 +0.4%
14 HWM 1.88% 47,517 $10M $205.02 $373K -228 -0.5%
15 LLY 1.83% 8,832 $9M $1,074.63 $3M -24 -0.3%
16 PANW 1.79% 50,248 $9M $184.20 -$1M -570 -1.1%
17 KLAC 1.73% 7,387 $9M $1,215.08 $976K -30 -0.4%
18 ASML 1.71% 8,283 $9M $1,069.86 $809K -35 -0.4%
19 SPY 1.66% 12,605 $9M $681.92 $256K +87 +0.7%
20 JPM 1.62% 26,120 $8M $322.22 $77K -317 -1.2%
21 TSLA 1.59% 18,296 $8M $449.72 $4M +8,248 +82.1%
22 GE 1.26% 21,168 $7M $308.03 $239K +288 +1.4%
23 COF 1.15% 24,698 $6M $242.36 $736K +3 +0.0%
24 MRK 1.12% 55,320 $6M $105.26 $1M -28 -0.1%
25 AXP 1.11% 15,545 $6M $369.95 $679K +277 +1.8%
26 SPOT 1.10% 9,789 $6M $580.71 -$988K +230 +2.4%
27 GS 1.09% 6,437 $6M $879.00 $636K +130 +2.1%
28 QQQ 1.07% 9,041 $6M $614.33 $245K +198 +2.2%
29 VRTX 1.04% 11,889 $5M $453.36 $650K -215 -1.8%
30 TDG 1.01% 3,949 $5M $1,329.85 $40K -5 -0.1%
31 ABBV 0.94% 21,444 $5M $228.49 -$142K -329 -1.5%
32 GOOG 0.92% 15,170 $5M $313.80 $1M +10 +0.1%
33 SOFI 0.91% 179,902 $5M $26.18 $3M +98,202 +120.2%
34 UBER 0.89% 56,317 $5M $81.71 -$858K +591 +1.1%
35 ADP 0.87% 17,444 $4M $257.24 -$661K -95 -0.5%
36 W 0.85% 43,850 $4M $100.41 +43,850 NEW
37 TTD 0.84% 115,125 $4M $37.96 -$2M -16,160 -12.3%
38 ORCL 0.82% 21,798 $4M $194.91 -$2M -925 -4.1%
39 SF 0.78% 32,366 $4M $125.22 $491K +974 +3.1%
40 BSX 0.73% 39,941 $4M $95.35 -$121K -309 -0.8%
41 COST 0.71% 4,265 $4M $862.39 -$270K
42 VUG 0.70% 7,483 $4M $487.87 $125K +132 +1.8%
43 ARM 0.70% 33,298 $4M $109.31 -$1M +170 +0.5%
44 EL 0.70% 34,703 $4M $104.72 +34,703 NEW
45 QCOM 0.63% 19,035 $3M $171.05 -$210K -1,800 -8.6%
46 NOW 0.62% 20,863 $3M $153.19 -$4M +13,114 +169.2%
47 MS 0.60% 17,565 $3M $177.53 $116K -1,321 -7.0%
48 IBKR 0.58% 47,079 $3M $64.31 +47,079 NEW
49 BLK 0.56% 2,712 $3M $1,070.34 -$259K
50 JNJ 0.54% 13,562 $3M $206.96 $252K -214 -1.6%
51 AGX 0.53% 8,772 $3M $313.32 +8,772 NEW
52 WM 0.51% 12,051 $3M $219.71 -$188K -788 -6.1%
53 ADI 0.48% 9,218 $2M $271.20 +9,218 NEW
54 V 0.45% 6,719 $2M $350.71 $63K
55 BX 0.44% 14,855 $2M $154.14 -$251K -16 -0.1%
56 PLTR 0.42% 12,373 $2M $177.75 -$52K +30 +0.2%
57 CRDO 0.42% 15,247 $2M $143.89 +15,247 NEW
58 HD 0.42% 6,348 $2M $344.10 -$448K -149 -2.3%
59 VTV 0.39% 10,557 $2M $190.98 $23K -134 -1.2%
60 AMLP 0.37% 40,612 $2M $47.02 $9K +110 +0.3%
61 VTI 0.37% 5,665 $2M $335.27 $84K +134 +2.4%
62 EPD 0.33% 53,190 $2M $32.06 -$3K -1,434 -2.6%
63 VNQ 0.32% 18,682 $2M $88.49 -$51K +38 +0.2%
64 HYT 0.31% 182,534 $2M $8.90 -$66K +4,556 +2.6%
65 RTX 0.31% 8,818 $2M $183.40 $189K +282 +3.3%
66 PTY 0.31% 122,668 $2M $12.90 -$104K +5,855 +5.0%
67 ETN 0.30% 4,892 $2M $318.51 -$267K +16 +0.3%
68 CAT 0.30% 2,703 $2M $572.87 $258K -1 -0.0%
69 TMO 0.29% 2,617 $2M $579.45 $247K
70 CFG 0.27% 23,703 $1M $58.41 $85K -743 -3.0%
71 RSP 0.26% 7,068 $1M $191.56 $47K +181 +2.6%
72 BAC 0.25% 23,672 $1M $55.00 $81K
73 TXN 0.25% 7,485 $1M $173.49 -$154K -422 -5.3%
74 BIV 0.23% 15,113 $1M $77.88 +15,113 NEW
75 COIN 0.23% 5,165 $1M $226.14 -$429K +434 +9.2%
76 CVX 0.22% 7,640 $1M $152.41 -$50K -182 -2.3%
77 FAST 0.22% 28,556 $1M $40.13 -$274K -400 -1.4%
78 ISRG 0.22% 1,975 $1M $566.36 $235K
79 LHX 0.21% 3,791 $1M $293.59 -$79K -111 -2.8%
80 AMGN 0.21% 3,399 $1M $327.31 $153K -2 -0.1%
81 AFL 0.21% 9,975 $1M $110.27 -$14K
82 VO 0.20% 3,625 $1M $290.22 $11K +80 +2.3%
83 RH 0.19% 5,602 $1M $179.15 -$6M -26,503 -82.5%
84 APD 0.19% 3,934 $972K $247.02 -$336K -860 -17.9%
85 MSTR 0.16% 5,616 $853K $151.95 -$919K +116 +2.1%
86 SEDG 0.16% 28,000 $808K $28.85 -$154K +2,000 +7.7%
87 PWB 0.15% 5,996 $762K $127.11 $100 -80 -1.3%
88 DGS 0.14% 12,847 $735K $57.24 -$109K -1,940 -13.1%
89 SBUX 0.13% 8,243 $694K $84.21 -$201K -2,339 -22.1%
90 VYM 0.13% 4,822 $692K $143.52 $63K +361 +8.1%
91 ADBE 0.13% 1,971 $690K $349.99 -$82K -216 -9.9%
92 TJX 0.13% 4,449 $683K $153.61 $26K -96 -2.1%
93 DHR 0.13% 2,940 $673K $228.92 $90K
94 HON 0.13% 3,352 $654K $195.09 -$111K -283 -7.8%
95 ABT 0.12% 5,098 $639K $125.29 -$49K -40 -0.8%
96 PAYX 0.12% 5,508 $618K $112.18 -$139K -465 -7.8%
97 IYR 0.12% 6,557 $616K $93.89 -$30K -95 -1.4%
98 VIG 0.11% 2,558 $562K $219.78 -$10K -94 -3.5%
99 ET 0.10% 32,691 $539K $16.49 -$22K
100 DGRW 0.10% 5,815 $520K $89.43 $2K -13 -0.2%

Options Breakdown

13 Calls $94M Call Value 15 Puts $232M Put Value 2.47 P/C Ratio

Top Calls

SymbolSharesValueStatus
BKNG 14,800 $79M NEW
AVGO 9,000 $3M
TSLA 6,000 $3M
GOOGL 8,100 $3M
AMZN 9,000 $2M
NVDA 8,000 $1M
SEDG 35,300 $1M
SHOP 4,600 $740K
JPM 2,000 $644K
HOOD 3,000 $339K

Top Puts

SymbolSharesValueStatus
BKNG 15,800 $85M
QQQ 100,000 $61M
KLAC 25,000 $30M NEW
MPWR 17,400 $16M
META 14,000 $9M NEW
LLY 7,000 $8M NEW
NFLX 75,000 $7M
SPOT 10,000 $6M
COST 5,000 $4M
TSLA 5,000 $2M NEW

New Positions

SymbolValue% Port
W $4M 0.85%
EL $4M 0.70%
IBKR $3M 0.58%
AGX $3M 0.53%
ADI $2M 0.48%
CRDO $2M 0.42%
BIV $1M 0.23%
APP $378K 0.07%
WMT $248K 0.05%
LRCX $231K 0.04%

Sold Out Positions

SymbolValue% Port
AEM —%
SE —%
SO —%
OKLO —%
KKR —%
LNG —%
DASH —%
MELI —%
FBTC —%
SQ —%
BYM —%
View SEC EDGAR Filings for Covenant Asset Management, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms