SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Covenant Partners, LLC

CIK 0001302739 · 3811 BEDFORD AVE SUITE 201, Nashville, TN, 37215 · 615-665-1801

Reported Value
$265M
Q2 2021
Positions
201
Filings on Record
30
2019–present window
Filed
Aug 2, 2021
original filing

Summary

Covenant Partners, LLC reported $265M in U.S.-listed holdings across 201 positions for Q2 2021.

Its largest position, IWS, represents 7.0% of the portfolio.

Compared with Q1 2021, the fund opened 7 new positions and exited 7.

Portfolio Metrics

Turnover
+2.0%
vs prior filed quarter
Top-10 Concentration
+49.4%
share of reported value
Largest Position
+7.0%
Ishares Russell Mid Cap Value Etf IV
New / Exited
7 / 7
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $180MQ1 ’19Q2 ’19: $188MQ3 ’19: $188MQ4 ’19: $214MQ1 ’20: $187MQ1 ’20Q2 ’20: $216MQ3 ’20: $207MQ4 ’20: $236MQ1 ’21: $251MQ1 ’21Q2 ’21: $265MQ3 ’21: $254MQ4 ’21: $270MQ1 ’22: $251MQ1 ’22Q2 ’22: $216MQ3 ’22: $205MQ4 ’22: $249MQ1 ’23: $261MQ1 ’23Q2 ’23: $277MQ3 ’23: $275MQ4 ’23: $317MQ1 ’24: $343MQ1 ’24Q2 ’24: $329MQ3 ’24: $344MQ4 ’24: $324MQ1 ’25: $309MQ1 ’25Q2 ’25: $335MQ3 ’25: $353MQ4 ’25: $342MQ1 ’26: $0Q1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 45.5%Common Stock: 44.5%ADR: 6.4%Other: 2.2%REIT: 1.1%NY Reg Shrs: 0.3%
  • ETP · 45.5% · $121M
  • Common Stock · 44.5% · $118M
  • ADR · 6.4% · $17M
  • Other · 2.2% · $6M
  • REIT · 1.1% · $3M
  • NY Reg Shrs · 0.3% · $679,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UNILEVER PLC F SPONSORED ADR 1 ADR REPS 1 ORD SHSNEW+6.4K6.4K+$377,000$377,000
DXCMDEXCOM INCNEW+839839+$358,000$358,000
FNDFLOOR & DECOR HOLDINGS INEW+2.8K2.8K+$296,000$296,000
LMATLEMAITRE VASCULARNEW+3.8K3.8K+$234,000$234,000
NTNXNUTANIX INC CLASS ANEW+6.0K6.0K+$227,000$227,000
SHOESHOE CARNIVAL INCNEW+3.1K3.1K+$225,000$225,000
SWITCH INCNEW+10.4K10.4K+$219,000$219,000
CANADIAN PAC RAILWAY FADDED+18.1K22.7K+$24,000$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2021

201 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IWSISHARES RUSSELL MID CAP VALUE ETF IVhistory →IWS7.05%$19M162.5K
2EFGISHARES MSCI EAFE GROWTH ETF IVhistory →EFG6.60%$17M163.1K
3EFVISHARES MSCI EAFE VALUE ETF IVhistory →EFV6.41%$17M328.4K
4IWFISHARES RUSSELL 1000 GROWTH ETF IVhistory →IWF5.95%$16M58.1K
5IWDISHARES RUSSELL 1000 VALUE ETF IVhistory →IWD5.59%$15M93.4K
6IWNISHARES RUSSELL 2000 VALUE ETF IVhistory →IWN5.03%$13M80.4K
7IWOISHARES RUSSELL 2000 GROWTH ETF IVhistory →IWO4.94%$13M42.0K
8IIIVI3 VERTICALS INC CLASS Ahistory →IIIV3.93%$10M345.0K
9SCZISHARES MSCI EAFE SMALL CAP ETFhistory →SCZ2.64%$7M94.2K
10MSFTMICROSOFT CORPhistory →MSFT1.21%$3M11.8K
11AMZNAMAZON.COM INChistory →AMZN1.09%$3M836
12ACNACCENTURE PLC F CLASS AACN0.98%$3M8.8K
13ASMLASML HLDGS NV F SPONSORED ADR 1 ADR REPS 1 ORD SHSASML0.96%$3M3.7K
14AAPLAPPLE INCAAPL0.95%$3M18.4K
15METAFACEBOOK INC CLASS AFB0.89%$2M6.8K
16TSMTAIWAN SEMICONDUCTR F SPONSORED ADR 1 ADR REPS 5 ORD SHSTSM0.87%$2M19.3K
17HDHOME DEPOT INCHD0.80%$2M6.7K
18MELIMERCADOLIBRE INCMELI0.76%$2M1.3K
19SNASNAP ON INCSNA0.67%$2M7.9K
20RMDRESMED INCRMD0.66%$2M7.1K
21CANADIAN PAC RAILWAY FCP0.66%$2M22.7K
22VVISA INC CLASS AV0.61%$2M6.9K
23INGING GROEP ADR REP 1 OR F SPONSORED ADR 1 ADR REPS 1 ORD SHSING0.60%$2M120.3K
24CSTLCASTLE BIOSCIENCES INCCSTL0.59%$2M21.3K
25JPMJPMORGAN CHASE & COJPM0.58%$2M9.8K
26MTDMETTLER TOLEDO INTLMTD0.56%$1M1.1K
27PAYXPAYCHEX INCPAYX0.55%$1M13.7K
28BBVABANCO BILBAO VIZCAYA A F SPONSORED ADR 1 ADR REPS 1 ORD SHSBBVA0.54%$1M230.3K
29BLACKROCK INCBLK0.53%$1M1.6K
30CHARLES RIVER LABSCRL0.53%$1M3.8K
31AMPAMERIPRISE FINLAMP0.52%$1M5.6K
32HONHONEYWELL INTL INCHON0.52%$1M6.3K
33DISCOVER FINL SDFS0.51%$1M11.3K
34SHOPSHOPIFY INC F CLASS ASHOP0.50%$1M905
35NVDANVIDIA CORP FORWARD SPLIT WITH STOCK SPLIT SHARESNVDA0.49%$1M1.6K
36HDBHDFC BANK LTD F SPONSORED ADR 1 ADR REPS 3 ORD SHSHDB0.48%$1M17.4K
37UNHUNITEDHEALTH GRP INCUNH0.47%$1M3.1K
38ABBVABBVIE INCABBV0.47%$1M11.0K
39UNPUNION PACIFIC CORPUNP0.46%$1M5.6K
40BCSBARCLAYS PLC F SPONSORED ADR 1 ADR REPS 4 ORD SHSBCS0.46%$1M126.7K
41USBU S BANCORPUSB0.46%$1M21.4K
42ALCALCON INC FALC0.46%$1M17.2K
43ADBEADOBE INCADBE0.44%$1M2.0K
44TTENTOTALENERGIES SE F SPONSORED ADR 1 ADR REPS 1 ORD SHSTTE0.43%$1M25.1K
45SNPSSYNOPSYS INCSNPS0.42%$1M4.0K
46LULULULULEMON ATHLETICALULU0.41%$1M2.9K
47CCICROWN CASTLE INTL CO REITCCI0.40%$1M5.4K
48SNYSANOFI S A F SPONSORED ADR 1 ADR REPS 0.5 ORD SHSSNY0.40%$1M19.9K
49ZTSZOETIS INC CLASS AZTS0.38%$1M5.5K
50NVSNOVARTIS AG F SPONSORED ADR 1 ADR REPS 1 ORD SHSNVS0.38%$1M11.1K
51CSCOCISCO SYSTEMS INCCSCO0.38%$1M18.9K
52ABTABBOTT LABORATORIESABT0.38%$1M8.6K
53LMTLOCKHEED MARTIN CORPLMT0.38%$996,0002.6K
54CRMSALESFORCE COMCRM0.36%$959,0003.9K
55PMPHILIP MORRIS INTLPM0.35%$931,0009.4K
56ABBNYABB LTD F SPONSORED ADR 1 ADR REPS 1 ORD SHSABB0.34%$898,00026.4K
57MRKMERCK & CO. INC.MRK0.34%$896,00011.5K
58PSXPHILLIPS 66PSX0.33%$885,00010.3K
59PLDPROLOGIS INC. REITPLD0.33%$876,0007.3K
60UPSUNITED PARCEL SRVC CLASS BUPS0.33%$871,0004.2K
61AKAMAKAMAI TECHNOLOGIES INCAKAM0.33%$868,0007.4K
62ISHARES IBOXX HIGH YIELD BOND ETF IVHYG0.32%$853,0009.7K
63AJGARTHUR J GALLAGHER&CAJG0.32%$853,0006.1K
64MOALTRIA GROUP INCMO0.32%$853,00017.9K
65GNRCGENERAC HOLDINGS INCGNRC0.32%$848,0002.0K
66TMOTHERMO FISHER SCNTFCTMO0.32%$843,0001.7K
67AHCOADAPT HEALTH CORP. CLASS CLASS AAHCO0.31%$830,00030.3K
68RACEFERRARI N V FRACE0.31%$810,0003.9K
69SBUXSTARBUCKS CORPSBUX0.29%$781,0007.0K
70PINNACLE FINL PARTNRPNFP0.29%$777,0008.8K
71NEENEXTERA ENERGY INCNEE0.29%$774,00010.6K
72QCOMQUALCOMM INCQCOM0.28%$737,0005.2K
73CVXCHEVRON CORPCVX0.27%$723,0006.9K
74PEPPEPSICO INCPEP0.27%$722,0004.9K
75AMATAPPLIED MATERIALSAMAT0.27%$711,0005.0K
76MDTMEDTRONIC PLC FMDT0.26%$695,0005.6K
77IHS MARKIT LTD FINFO0.26%$689,0006.1K
78MTARCELOR MITTAL NY F UNSPONSORED ADR 1 ADR REPS ORD SHSMT0.26%$679,00021.9K
79WSMWILLIAMS SONOMAWSM0.26%$678,0004.2K
80GWWWW GRAINGER INCGWW0.26%$676,0001.5K
81ULTAULTA BEAUTY INC.ULTA0.25%$660,0001.9K
82ZBRAZEBRA TECHNOLOGIES CLASS AZBRA0.25%$654,0001.2K
83UBERUBER TECHNOLOGIES INCUBER0.24%$641,00012.8K
84PGPROCTER & GAMBLEPG0.24%$641,0004.8K
85KMBKIMBERLY CLARK CORPKMB0.24%$635,0004.8K
86VZVERIZON COMMUNICATNVZ0.24%$631,00011.3K
87SMFGSUMITOMO MITSUI FINL00 F SPONSORED ADR 1 ADR REPS 0.2 ORD SHSSMFG0.24%$630,00091.4K
88FISFIDELITY NATL INFOFIS0.24%$624,0004.4K
89RYAAYRYANAIR HLDGS PLC F SPONSORED ADR 1 ADR REPS 5 ORD SHSRYAAY0.23%$622,0005.7K
90DIODDIODES INCDIOD0.23%$619,0007.8K
91RJFRAYMOND JAMES FINLRJF0.23%$617,0004.7K
92RPMRPM INTERNTNLRPM0.23%$604,0006.8K
93BTIBRIT AMER TOBACCO F SPONSORED ADR 1 ADR REPS 1 ORD SHSBTI0.23%$603,00015.3K
94SPDR BLOOMBERG BARCLAYS HIGH YIELD BOND ETFJNK0.23%$601,0005.5K
95PANWPALO ALTO NETWORKSPANW0.22%$596,0001.6K
96RTXRAYTHEON TECHNOLOGIES CORTX0.22%$593,0007.0K
97AONAON PLC F CLASS AAON0.22%$586,0002.5K
98AAPADVANCE AUTO PARTSAAP0.22%$584,0002.8K
99DISWALT DISNEY CODIS0.22%$577,0003.3K
100MASMASCO CORPMAS0.20%$543,0009.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$01May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$342M135Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$353M135Oct 24, 202513F-HRchanges · EDGAR ↗
Q2 2025$335M146Jul 30, 202513F-HRchanges · EDGAR ↗
Q1 2025$309M144May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$324M154Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$344M177Oct 24, 202413F-HRchanges · EDGAR ↗
Q2 2024$329M178Aug 5, 202413F-HRchanges · EDGAR ↗
Q1 2024$343M190Apr 30, 202413F-HRchanges · EDGAR ↗
Q4 2023$317M186Feb 20, 202413F-HRchanges · EDGAR ↗
Q3 2023$275M181Oct 20, 202313F-HRchanges · EDGAR ↗
Q2 2023$277M180Sep 5, 2023RESTATEMENTchanges · EDGAR ↗
Q1 2023$261M179Apr 19, 202313F-HRchanges · EDGAR ↗
Q4 2022$249M174Feb 17, 202313F-HRchanges · EDGAR ↗
Q3 2022$205M166Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$216M177Jul 27, 202213F-HRchanges · EDGAR ↗
Q1 2022$251M193May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$270M196Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$254M194Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$265M201Aug 2, 202113F-HRchanges · EDGAR ↗
Q1 2021$251M201May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$236M179Feb 10, 202113F-HRchanges · EDGAR ↗
Q3 2020$207M193Nov 10, 202013F-HRchanges · EDGAR ↗
Q2 2020$216M199Aug 17, 202013F-HRchanges · EDGAR ↗
Q1 2020$187M190May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$214M196Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$188M175Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$188M188Aug 15, 201913F-HRchanges · EDGAR ↗
Q1 2019$180M187May 16, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.