SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Covenant Partners, LLC

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

Reported Value
$205M
Q3 2022
Positions
166
Filings on Record
30
2019–present window
Filed
Nov 10, 2022
original filing

Summary

Covenant Partners, LLC reported $205M in U.S.-listed holdings across 166 positions for Q3 2022.

The portfolio is heavily concentrated: EFV alone accounts for 52.3% of reported value.

Compared with Q2 2022, the fund opened 18 new positions and exited 29.

Portfolio Metrics

Turnover
+6.5%
vs prior filed quarter
Top-10 Concentration
+63.2%
share of reported value
Largest Position
+52.3%
Ishares Tr
New / Exited
18 / 29
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: 53.4%Common Stock: 38.0%ADR: 4.7%Other: 3.0%REIT: 0.9%NY Reg Shrs: 0.1%
  • ETP · 53.4% · $109M
  • Common Stock · 38.0% · $78M
  • ADR · 4.7% · $10M
  • Other · 3.0% · $6M
  • REIT · 0.9% · $2M
  • NY Reg Shrs · 0.1% · $265,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ATLASSIAN CORP PLCNEW+4.2K4.2K+$894,000$894,000
SAPSAP SENEW+9.1K9.1K+$739,000$739,000
NFLXNETFLIX INCNEW+2.3K2.3K+$539,000$539,000
WDAYWORKDAY INCNEW+3.3K3.3K+$497,000$497,000
FERGUSON PLC NEWNEW+4.8K4.8K+$496,000$496,000
SPLUNK INCNEW+6.0K6.0K+$455,000$455,000
ISRGINTUITIVE SURGICAL INCNEW+2.4K2.4K+$444,000$444,000
JPMJPMORGAN CHASE & CONEW+4.1K4.1K+$429,000$429,000

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

Holdings — Q3 2022

152 positions (from 166 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EFVISHARES TREAFE VALUE ETF · RUS MDCP VAL ETF · EAFE GRWTH ETF · RUS 1000 VAL ETF · RUS 1000 GRW ETF · RUS 2000 VAL ETF · RUS 2000 GRW ETF · EAFE SML CP ETF · SHORT TREAS BD · CORE S&P500 ETF · S&P 500 GRWT ETF · RUS MID CAP ETF · RUS 1000 ETF · S&P 500 VAL ETF · RUSSELL 2000 ETF52.28%$107M1.29M
2IIIVI3 VERTICALS INChistory →COM CL A3.36%$7M343.9K
3MSFTMICROSOFT CORPhistory →COM1.34%$3M11.8K
4AAPLAPPLE INChistory →COM1.24%$3M18.4K
5ACNACCENTURE PLC IRELANDSHS CLASS A0.97%$2M7.8K
6AMZNAMAZON COM INCCOM0.91%$2M16.5K
7HDHOME DEPOT INCCOM0.88%$2M6.5K
8PAYXPAYCHEX INCCOM0.75%$2M13.7K
9ASMLASML HOLDING N VN Y REGISTRY SHS0.74%$2M3.7K
10CANADIAN PAC RY LTDCOM0.74%$2M22.7K
11UNHUNITEDHEALTH GROUP INCCOM0.71%$1M2.9K
12RMDRESMED INCCOM0.69%$1M6.5K
13BILSPDR SER TRBLOOMBERG 1-3 MO0.65%$1M14.6K
14AZNNASTRAZENECA PLCSPONSORED ADR0.60%$1M22.6K
15ABBVABBVIE INCCOM0.60%$1M9.2K
16SNASNAP ON INCCOM0.59%$1M6.0K
17MTDMETTLER TOLEDO INTERNATIONALCOM0.56%$1M1.1K
18UNPUNION PAC CORPCOM0.53%$1M5.6K
19AJGGALLAGHER ARTHUR J & COCOM0.51%$1M6.1K
20VVISA INCCOM CL A0.50%$1M5.8K
21LMTLOCKHEED MARTIN CORPCOM0.49%$1M2.6K
22AMPAMERIPRISE FINL INCCOM0.49%$1M4.0K
23ALCALCON AGORD SHS0.49%$1M17.2K
24MRKMERCK & CO INCCOM0.48%$992,00011.5K
25CVXCHEVRON CORP NEWCOM0.46%$945,0006.6K
26PUKPRUDENTIAL PLCADR0.44%$896,00045.0K
27ATLASSIAN CORP PLCCL A0.44%$894,0004.2K
28RACEFERRARI N VCOM0.43%$881,0004.8K
29UNILEVER PLCSPON ADR NEW0.43%$880,00020.1K
30TMOTHERMO FISHER SCIENTIFIC INCCOM0.41%$848,0001.7K
31ABTABBOTT LABSCOM0.41%$835,0008.6K
32PINNACLE FINL PARTNERS INCCOM0.41%$831,00010.2K
33BLACKROCK INCCOM0.40%$825,0001.5K
34EPAMEPAM SYS INCCOM0.40%$823,0002.3K
35ZTSZOETIS INCCL A0.39%$810,0005.5K
36LULULULULEMON ATHLETICA INCCOM0.39%$807,0002.9K
37NVSNOVARTIS AGSPONSORED ADR0.39%$795,00010.5K
38PANWPALO ALTO NETWORKS INCCOM0.39%$790,0004.8K
39DISCOVER FINL SVCSCOM0.38%$785,0008.6K
40PMPHILIP MORRIS INTL INCCOM0.38%$780,0009.4K
41TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.37%$757,00011.0K
42PEPPEPSICO INCCOM0.37%$756,0004.6K
43PLDPROLOGIS INC.COM0.36%$745,0007.3K
44SAPSAP SESPON ADR0.36%$739,0009.1K
45GWWGRAINGER W W INCCOM0.35%$722,0001.5K
46NEENEXTERA ENERGY INCCOM0.35%$719,0009.2K
47AONAON PLCSHS CL A0.35%$712,0002.7K
48NVDANVIDIA CORPORATIONCOM0.34%$707,0005.8K
49RJFRAYMOND JAMES FINL INCCOM0.34%$704,0007.1K
50METAMETA PLATFORMS INCCL A0.34%$688,0005.1K
51CCICROWN CASTLE INCCOM0.33%$678,0004.7K
52UPSUNITED PARCEL SERVICE INCCL B0.33%$677,0004.2K
53INGING GROEP N.V.SPONSORED ADR0.32%$666,00078.4K
54CHARLES RIV LABS INTL INCCOM0.32%$654,0003.3K
55AHCOADAPTHEALTH CORPCOMMON STOCK0.31%$643,00034.2K
56SNYSANOFISPONSORED ADR0.30%$623,00016.4K
57BCSBARCLAYS PLCADR0.29%$601,00093.8K
58HONHONEYWELL INTL INCCOM0.29%$598,0003.6K
59PGPROCTER AND GAMBLE COCOM0.29%$590,0004.7K
60TAKTAKEDA PHARMACEUTICAL CO LTDSPONSORED ADS0.28%$567,00043.7K
61CSTLCASTLE BIOSCIENCES INCCOM0.27%$555,00021.3K
62VZVERIZON COMMUNICATIONS INCCOM0.26%$543,00014.3K
63NFLXNETFLIX INCCOM0.26%$539,0002.3K
64ICLRICON PLCSHS0.26%$534,0002.9K
65FBKFB FINL CORPCOM0.26%$533,00013.9K
66SPGIS&P GLOBAL INCCOM0.26%$530,0001.7K
67ULTAULTA BEAUTY INCCOM0.25%$523,0001.3K
68SNPSSYNOPSYS INCCOM0.25%$518,0001.7K
69MNSTMONSTER BEVERAGE CORP NEWCOM0.25%$510,0005.9K
70ADBEADOBE SYSTEMS INCORPORATEDCOM0.25%$510,0001.9K
71MASMASCO CORPCOM0.24%$501,00010.7K
72RYAAYRYANAIR HOLDINGS PLCSPONSORED ADS0.24%$501,0008.6K
73CRMSALESFORCE INCCOM0.24%$500,0003.5K
74WDAYWORKDAY INCCL A0.24%$497,0003.3K
75FERGUSON PLC NEWSHS0.24%$496,0004.8K
76AKAMAKAMAI TECHNOLOGIES INCCOM0.24%$490,0006.1K
77PYPLPAYPAL HLDGS INCCOM0.23%$476,0005.5K
78COSTCOSTCO WHSL CORP NEWCOM0.22%$457,000967
79SPLUNK INCCOM0.22%$455,0006.0K
80BPBP PLCSPONSORED ADR0.22%$449,00015.7K
81DIODDIODES INCCOM0.22%$445,0006.9K
82ISRGINTUITIVE SURGICAL INCCOM NEW0.22%$444,0002.4K
83JPSTJ P MORGAN EXCHANGE TRADED FULTRA SHRT INC0.22%$442,0008.8K
84PGRPROGRESSIVE CORPCOM0.21%$441,0003.8K
85MINTPIMCO ETF TRENHAN SHRT MA AC0.21%$440,0004.4K
86JPMJPMORGAN CHASE & COCOM0.21%$429,0004.1K
87CMICUMMINS INCCOM0.21%$426,0002.1K
88MOALTRIA GROUP INCCOM0.21%$424,00010.5K
89KEYSKEYSIGHT TECHNOLOGIES INCCOM0.20%$418,0002.7K
90TTENTOTALENERGIES SESPONSORED ADS0.20%$416,0008.9K
91ABBNYABB LTDSPONSORED ADR0.20%$413,00016.1K
92FDSFACTSET RESH SYS INCCOM0.20%$412,0001.0K
93AAPADVANCE AUTO PARTS INCCOM0.20%$407,0002.6K
94TDYTELEDYNE TECHNOLOGIES INCCOM0.20%$406,0001.2K
95MPWRMONOLITHIC PWR SYS INCCOM0.20%$404,0001.1K
96MKCMCCORMICK & CO INCCOM NON VTG0.20%$404,0005.7K
97WSMWILLIAMS SONOMA INCCOM0.19%$381,0003.2K
98CPRTCOPART INCCOM0.18%$375,0003.5K
99APTIV PLCSHS0.18%$365,0004.7K
100EQIXEQUINIX INCCOM0.18%$363,000638

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 ↗.