SEC 13F Intelligence

Managers / Q4 2022 · view latest →

Covenant Partners, LLC

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

Reported Value
$249M
Q4 2022
Positions
174
Filings on Record
30
2019–present window
Filed
Feb 17, 2023
original filing

Summary

Covenant Partners, LLC reported $249M in U.S.-listed holdings across 174 positions for Q4 2022.

The portfolio is heavily concentrated: EFV alone accounts for 56.1% of reported value.

Compared with Q3 2022, the fund opened 27 new positions and exited 19.

Portfolio Metrics

Turnover
+5.6%
vs prior filed quarter
Top-10 Concentration
+65.9%
share of reported value
Largest Position
+56.1%
Ishares Tr
New / Exited
27 / 19
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: 56.6%Common Stock: 34.8%ADR: 5.0%Other: 2.7%REIT: 0.8%NY Reg Shrs: 0.1%
  • ETP · 56.6% · $141M
  • Common Stock · 34.8% · $87M
  • ADR · 5.0% · $13M
  • Other · 2.7% · $7M
  • REIT · 0.8% · $2M
  • NY Reg Shrs · 0.1% · $274,969

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+30.9K30.9K+$2M$2M
SPDR SER TRNEW+11.4K11.4K+$1M$1M
NVONOVO-NORDISK A SNEW+6.7K6.7K+$910,026$910,026
NKENIKE INCNEW+5.6K5.6K+$650,225$650,225
RELXRELX PLCNEW+22.0K22.0K+$608,509$608,509
WCNWASTE CONNECTIONS INCNEW+4.4K4.4K+$581,408$581,408
COOPER COS INCNEW+1.5K1.5K+$498,650$498,650
DECKDECKERS OUTDOOR CORPNEW+1.2K1.2K+$489,370$489,370

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

Holdings — Q4 2022

159 positions (from 174 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EFVISHARES TREAFE VALUE ETF · EAFE GRWTH ETF · RUS MDCP VAL ETF · RUS 1000 VAL ETF · RUS 1000 GRW ETF · RUS 2000 VAL ETF · RUS 2000 GRW ETF · EAFE SML CP ETF · IBOXX HI YD ETF · CORE S&P500 ETF · S&P 500 GRWT ETF · RUS MID CAP ETF · S&P 500 VAL ETF · RUS 1000 ETF · RUSSELL 2000 ETF56.09%$139M1.52M
2IIIVI3 VERTICALS INChistory →COM CL A3.37%$8M343.9K
3MSFTMICROSOFT CORPhistory →COM1.16%$3M12.0K
4AAPLAPPLE INCCOM0.97%$2M18.6K
5ACNACCENTURE PLC IRELANDSHS CLASS A0.83%$2M7.8K
6ASMLASML HOLDING N VN Y REGISTRY SHS0.81%$2M3.7K
7HDHOME DEPOT INCCOM0.71%$2M5.6K
8CANADIAN PAC RY LTDCOM0.68%$2M22.7K
9AMZNAMAZON COM INCCOM0.68%$2M20.0K
10PAYXPAYCHEX INCCOM0.64%$2M13.7K
11AZNNASTRAZENECA PLCSPONSORED ADR0.62%$2M22.6K
12MTDMETTLER TOLEDO INTERNATIONALCOM0.61%$2M1.1K
13UNHUNITEDHEALTH GROUP INCCOM0.61%$2M2.9K
14ABBVABBVIE INCCOM0.60%$1M9.2K
15SNASNAP ON INCCOM0.55%$1M6.0K
16RMDRESMED INCCOM0.54%$1M6.5K
17MRKMERCK & CO INCCOM0.51%$1M11.5K
18LMTLOCKHEED MARTIN CORPCOM0.51%$1M2.6K
19SJNKSPDR SER TRBLOOMBERG HIGH Y · BLOOMBERG SHT TE0.50%$1M20.4K
20AMPAMERIPRISE FINL INCCOM0.50%$1M4.0K
21VVISA INCCOM CL A0.50%$1M6.0K
22PUKPRUDENTIAL PLCADR0.49%$1M44.8K
23CVXCHEVRON CORP NEWCOM0.48%$1M6.6K
24ALCALCON AGORD SHS0.47%$1M17.2K
25AJGGALLAGHER ARTHUR J & COCOM0.46%$1M6.1K
26BLACKROCK INCCOM0.43%$1M1.5K
27RACEFERRARI N VCOM0.41%$1M4.8K
28PMPHILIP MORRIS INTL INCCOM0.38%$950,5649.4K
29ABTABBOTT LABSCOM0.38%$947,8178.6K
30SAPSAP SESPON ADR0.38%$938,3079.1K
31LULULULULEMON ATHLETICA INCCOM0.37%$927,5002.9K
32TMOTHERMO FISHER SCIENTIFIC INCCOM0.37%$920,7541.7K
33NVONOVO-NORDISK A SADR0.37%$910,0266.7K
34UNPUNION PAC CORPCOM0.35%$880,2554.3K
35NVDANVIDIA CORPORATIONCOM0.34%$851,1195.8K
36DISCOVER FINL SVCSCOM0.34%$844,3718.6K
37PEPPEPSICO INCCOM0.34%$836,2754.6K
38PLDPROLOGIS INC.COM0.33%$826,5367.3K
39ZTSZOETIS INCCL A0.32%$800,1635.5K
40AONAON PLCSHS CL A0.32%$798,0722.7K
41NVSNOVARTIS AGSPONSORED ADR0.32%$784,7288.7K
42HONHONEYWELL INTL INCCOM0.31%$767,4083.6K
43JPMJPMORGAN CHASE & COCOM0.31%$766,7845.7K
44NEENEXTERA ENERGY INCCOM0.31%$766,3619.2K
45RJFRAYMOND JAMES FINL INCCOM0.31%$760,9867.1K
46EPAMEPAM SYS INCCOM0.30%$744,9532.3K
47BCSBARCLAYS PLCADR0.30%$743,66095.3K
48GWWGRAINGER W W INCCOM0.30%$734,2501.3K
49UPSUNITED PARCEL SERVICE INCCL B0.29%$728,0424.2K
50CHARLES RIV LABS INTL INCCOM0.29%$723,6463.3K
51TAKTAKEDA PHARMACEUTICAL CO LTDSPONSORED ADS0.29%$719,19146.1K
52UNILEVER PLCSPON ADR NEW0.29%$713,51014.2K
53PGPROCTER AND GAMBLE COCOM0.29%$708,8464.7K
54NFLXNETFLIX INCCOM0.28%$685,8912.3K
55PANWPALO ALTO NETWORKS INCCOM0.27%$672,7224.8K
56AHCOADAPTHEALTH CORPCOMMON STOCK0.26%$657,72834.2K
57NKENIKE INCCL B0.26%$650,2255.6K
58PINNACLE FINL PARTNERS INCCOM0.26%$646,5078.8K
59RYAAYRYANAIR HOLDINGS PLCSPONSORED ADS0.26%$640,9928.6K
60CCICROWN CASTLE INCCOM0.26%$636,4234.7K
61INGING GROEP N.V.SPONSORED ADR0.25%$628,22851.6K
62ADBEADOBE SYSTEMS INCORPORATEDCOM0.25%$624,2631.9K
63MNSTMONSTER BEVERAGE CORP NEWCOM0.25%$618,7246.1K
64FERGUSON PLC NEWSHS0.25%$611,7414.8K
65ULTAULTA BEAUTY INCCOM0.25%$611,1981.3K
66RELXRELX PLCSPONSORED ADR0.24%$608,50922.0K
67WCNWASTE CONNECTIONS INCCOM0.23%$581,4084.4K
68SPGIS&P GLOBAL INCCOM0.23%$581,1211.7K
69VZVERIZON COMMUNICATIONS INCCOM0.23%$563,06514.3K
70TTENTOTALENERGIES SESPONSORED ADS0.22%$555,2448.9K
71BPBP PLCSPONSORED ADR0.22%$548,75015.7K
72SNPSSYNOPSYS INCCOM0.22%$540,8771.7K
73DIODDIODES INCCOM0.21%$522,2446.9K
74AKAMAKAMAI TECHNOLOGIES INCCOM0.21%$514,5676.1K
75UBS AG LONDON BRANCHETRACS LKD ENT0.20%$506,7923.2K
76MASMASCO CORPCOM0.20%$501,23610.7K
77CSTLCASTLE BIOSCIENCES INCCOM0.20%$500,90821.3K
78COOPER COS INCCOM NEW0.20%$498,6501.5K
79PGRPROGRESSIVE CORPCOM0.20%$492,1203.8K
80ABBNYABB LTDSPONSORED ADR0.20%$490,65016.1K
81DECKDECKERS OUTDOOR CORPCOM0.20%$489,3701.2K
82CNICANADIAN NATL RY COCOM0.20%$487,6464.1K
83MOALTRIA GROUP INCCOM0.19%$479,77210.5K
84SMFGSUMITOMO MITSUI FINL GROUP ISPONSORED ADR0.19%$478,80259.7K
85HORIZON THERAPEUTICS PUB LSHS0.19%$468,1734.1K
86ALBALBEMARLE CORPCOM0.19%$464,9482.1K
87DXCMDEXCOM INCCOM0.19%$463,1524.1K
88DHID R HORTON INCCOM0.19%$460,5865.2K
89KEYSKEYSIGHT TECHNOLOGIES INCCOM0.18%$454,8752.7K
90COSTCOSTCO WHSL CORP NEWCOM0.18%$441,436967
91APTIV PLCSHS0.17%$434,7314.7K
92IBNICICI BANK LIMITEDADR0.17%$433,94719.8K
93CSCOCISCO SYS INCCOM0.17%$430,1429.0K
94CPRTCOPART INCCOM0.17%$428,6667.0K
95RTXRAYTHEON TECHNOLOGIES CORPCOM0.17%$422,4514.2K
96SBUXSTARBUCKS CORPCOM0.17%$420,6084.2K
97ICLRICON PLCSHS0.17%$419,3862.2K
98EQIXEQUINIX INCCOM0.17%$417,909638
99FDSFACTSET RESH SYS INCCOM0.17%$413,2461.0K
100ISRGINTUITIVE SURGICAL INCCOM NEW0.17%$412,6191.6K

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 ↗.