Managers / Q1 2021 · view latest →
Covington Capital Management
CIK 0001323119 · 601 SOUTH FIGUEROA STREET, SUITE 2000, LOS ANGELES, CA, 90017 · 213 629-7500
Summary
Covington Capital Management reported $2.3B in U.S.-listed holdings across 860 positions for Q1 2021.
Its largest position, HTO, represents 5.1% of the portfolio.
Compared with Q4 2020, the fund opened 108 new positions and exited 38.
Portfolio Metrics
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. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 75.4% · $1.8B
- ETP · 17.6% · $411M
- Other · 3.2% · $75M
- ADR · 2.6% · $61M
- REIT · 0.6% · $14M
- Other · 0.5% · $12M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| PRINCIPAL EXCHANGE-TRADED FD | NEW | +241.2K | 241.2K | +$5M | $5M |
| POOLPOOL CORP | NEW | +2.3K | 2.3K | +$787,000 | $787,000 |
| RELIANCE GLOBAL GROUP INC | NEW | +642.2K | 642.2K | +$642,000 | $642,000 |
| INNOVATOR ETFS TR | NEW | +16.7K | 16.7K | +$519,000 | $519,000 |
| INNOVATOR ETFS TR | NEW | +17.5K | 17.5K | +$508,000 | $508,000 |
| XDIAXNUVEEN DOW 30 DYNAMIC OVERWR | NEW | +17.0K | 17.0K | +$275,000 | $275,000 |
| TPLTEXAS PACIFIC LAND CORPORATI | NEW | +154 | 154 | +$244,000 | $244,000 |
| ARKOARKO CORP | NEW | +16.3K | 16.3K | +$162,000 | $162,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2021
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2022 | $2.3B | 1,223 | Nov 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $2.5B | 1,087 | Jul 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $2.8B | 1,110 | May 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $2.9B | 1,016 | Feb 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $2.6B | 1,017 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $2.6B | 940 | Aug 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $2.3B | 860 | May 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $2.2B | 789 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $2.0B | 765 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $1.8B | 756 | Aug 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $1.5B | 774 | May 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $1.9B | 884 | Feb 18, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $1.7B | 811 | Nov 18, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $1.7B | 777 | Aug 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $1.6B | 731 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $1.4B | 741 | Feb 15, 2019 | 13F-HR | changes · 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 ↗.