Covenant Asset Management, LLC — 13F Holdings & Portfolio
CIK 1697717 · latest 13F-HR filed 2026-07-20
Covenant Asset Management, LLC manages $594.6M in 13F-reported U.S. long-equity assets across 164 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are NVDA (7.94%), MSFT (4.13%), AAPL (3.91%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 12 new positions, exited 8, added to 76, and trimmed 34.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
CHESTER, NJ 07930
$594.6M
Long-equity book
164
Distinct positions
2026-06-30
Filed 2026-07-20
+12 / −8 / ↑76 / ↓34
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- KLA CORP$10.9M +99.4%
- MORGAN STANLEY$5.6M +205.2%
- ASML HLDG NV$5.4M +48.7%
- GE VERNOVA INC$4.3M +29.2%
- BLOOM ENERGY CORP$4.2M +120.8%
Top Trims
- CBOE GLOBAL MKTS INC-$3.4M -69.9%
- PALANTIR TECHNOLOGIES INC-$3.1M -63.3%
- NETFLIX INC.-$2.7M -27.7%
- SHOPIFY INC-$736.4K -6.6%
- ORACLE CORP-$712.3K -18.9%
New Positions
- SOFI TECHNOLOGIES INC$7.8M
- AMPHENOL CORP$2.9M
- SALESFORCE INC$949.7K
- HONEYWELL INTL INC$406.0K
- HONEYWELL AEROSPACE INC$398.2K
Exited Positions
- SPOTIFY TECHNOLOGY S A$4.8M
- STIFEL FINL CORP$4.4M
- HONEYWELL INTL INC$814.2K
- TRACTOR SUPPLY CO$444.4K
- PROCTER & GAMBLE CO$250.7K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 67066G104 | $47.2M | 7.94% | 235,840 | SH |
| 2 | MICROSOFT CORP | MSFT | 594918104 | $24.6M | 4.13% | 65,858 | SH |
| 3 | APPLE INC | AAPL | 037833100 | $23.3M | 3.91% | 80,430 | SH |
| 4 | KLA CORP | KLAC | 482480100 | $21.9M | 3.68% | 72,549 | SH |
| 5 | BROADCOM INC | AVGO | 11135F101 | $20.3M | 3.41% | 53,642 | SH |
| 6 | GE VERNOVA INC | GEV | 36828A101 | $19.0M | 3.20% | 16,201 | SH |
| 7 | AMAZON COM INC | AMZN | 023135106 | $18.3M | 3.08% | 76,726 | SH |
| 8 | QUANTA SVCS INC | PWR | 74762E102 | $17.6M | 2.97% | 24,497 | SH |
| 9 | ASML HLDG NV | ASML | N07059210 | $16.4M | 2.76% | 8,255 | SH |
| 10 | ALPHABET INC | GOOGL | 02079K305 | $15.4M | 2.59% | 43,072 | SH |
| 11 | HOWMET AEROSPACE INC | HWM | 443201108 | $12.8M | 2.15% | 47,493 | SH |
| 12 | META PLATFORMS INC | META | 30303M102 | $11.1M | 1.87% | 19,754 | SH |
| 13 | ELI LILLY & CO | LLY | 532457108 | $10.7M | 1.81% | 8,957 | SH |
| 14 | SHOPIFY INC | SHOP | 82509L107 | $10.4M | 1.74% | 90,675 | SH |
| 15 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $10.0M | 1.69% | 21,015 | SH |
| 16 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $9.5M | 1.59% | 12,690 | SH |
| 17 | ROBINHOOD MKTS INC | HOOD | 770700102 | $8.9M | 1.49% | 88,562 | SH |
| 18 | MORGAN STANLEY | MS | 617446448 | $8.3M | 1.39% | 39,592 | SH |
| 19 | JPMORGAN CHASE & CO | JPM | 46625H100 | $8.2M | 1.38% | 25,140 | SH |
| 20 | GE AEROSPACE | GE | 369604301 | $8.1M | 1.37% | 21,804 | SH |
| 21 | ARISTA NETWORKS INC | ANET | 040413205 | $8.0M | 1.35% | 47,144 | SH |
| 22 | ASTRAZENECA PLC | AZN | G0593M107 | $7.9M | 1.34% | 41,874 | SH |
| 23 | SOFI TECHNOLOGIES INC | SOFI | 83406F102 | $7.8M | 1.31% | 433,052 | SH |
| 24 | BLOOM ENERGY CORP | BE | 093712107 | $7.7M | 1.30% | 25,567 | SH |
| 25 | TESLA INC | TSLA | 88160R101 | $7.7M | 1.30% | 18,325 | SH |
| 26 | ANALOG DEVICES INC | ADI | 032654105 | $7.2M | 1.22% | 18,229 | SH |
| 27 | NETFLIX INC. | NFLX | 64110L106 | $7.2M | 1.21% | 100,645 | SH |
| 28 | ARGAN INC | AGX | 04010E109 | $7.0M | 1.18% | 8,750 | SH |
| 29 | MERCK & CO INC | MRK | 58933Y105 | $6.9M | 1.17% | 53,920 | SH |
| 30 | GOLDMAN SACHS GROUP INC | GS | 38141G104 | $6.6M | 1.11% | 6,511 | SH |
| 31 | INVESCO QQQ TR | QQQ | 46090E103 | $6.4M | 1.08% | 8,718 | SH |
| 32 | AMERICAN EXPRESS CO | AXP | 025816109 | $6.3M | 1.05% | 18,500 | SH |
| 33 | RBC BEARINGS INC | RBC | 75524B104 | $6.2M | 1.04% | 9,638 | SH |
| 34 | VERTEX PHARMACEUTICALS INC | VRTX | 92532F100 | $5.9M | 0.98% | 11,782 | SH |
| 35 | OLD DOMINION FREIGHT LINE IN | ODFL | 679580100 | $5.6M | 0.94% | 25,907 | SH |
| 36 | ALPHABET INC | GOOG | 02079K107 | $5.4M | 0.90% | 15,170 | SH |
| 37 | ABBVIE INC | ABBV | 00287Y109 | $5.0M | 0.84% | 19,947 | SH |
| 38 | CAPITAL ONE FINL CORP | COF | 14040H105 | $5.0M | 0.84% | 24,788 | SH |
| 39 | FTAI AVIATION LTD | FTAI | G3730V105 | $4.9M | 0.83% | 18,171 | SH |
| 40 | ALPHABET INC Put | GOOG | 02079K107 | $4.6M | 0.77% | 13,000 | PRN |
| 41 | VANGUARD INDEX FDS | VUG | 922908736 | $4.0M | 0.67% | 46,185 | SH |
| 42 | COSTCO WHOLESALE CORPORATION | COST | 22160K105 | $3.9M | 0.66% | 4,166 | SH |
| 43 | AUTOMATIC DATA PROCESSING IN | ADP | 053015103 | $3.7M | 0.62% | 16,384 | SH |
| 44 | ALPHABET INC Put | GOOGL | 02079K305 | $3.6M | 0.60% | 10,000 | PRN |
| 45 | BLOOM ENERGY CORP Put | BE | 093712107 | $3.4M | 0.58% | 11,300 | PRN |
| 46 | PALO ALTO NETWORKS INC | PANW | 697435105 | $3.4M | 0.57% | 9,987 | SH |
| 47 | CARDINAL HEALTH INC | CAH | 14149Y108 | $3.4M | 0.57% | 14,302 | SH |
| 48 | JOHNSON & JOHNSON | JNJ | 478160104 | $3.2M | 0.54% | 12,700 | SH |
| 49 | ORACLE CORP | ORCL | 68389X105 | $3.1M | 0.51% | 20,858 | SH |
| 50 | GE VERNOVA INC Put | GEV | 36828A101 | $2.9M | 0.49% | 2,500 | PRN |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-20 | $594.6M | 164 | 0001697717-26-000006 |
| 2026-03-31 | 2026-04-14 | $664.2M | 165 | 0001697717-26-000004 |
| 2025-12-31 | 2026-01-30 | $844.4M | 164 | 0001697717-26-000002 |