Covenant Asset Management, LLC reported 106 positions worth $501.35M for the quarter ended Sep 30, 2026, down 2.3% on the prior quarter. It opened 8 new positions, added to 15, trimmed 61 and exited 9. Its largest holding is Nvidia Corp at 9.8% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| SNOW Snowflake Inc. | +25.9K | – | $8.81M | 1.76% |
| NET Cloudflare, Inc. | +16.4K | – | $5.71M | 1.14% |
| AXON Axon Enterprise, Inc. | +13.1K | – | $5.54M | 1.1% |
| SPCX Space Exploration Technologies Corp | +24.9K | – | $3.75M | 0.748% |
| PLTR Palantir Technologies Inc. | +18.0K | +117.9% | $3.36M | 1.24% |
| JNJ Johnson & Johnson | +10.0K | +78.9% | $2.65M | 1.2% |
| IBKR Interactive Brokers Group, Inc. | +24.8K | – | $2.12M | 0.423% |
| CAH Cardinal Health Inc | +6,309 | +44.1% | $1.40M | 0.915% |
| APH Amphenol Corp | +16.3K | +48.9% | $1.37M | 0.833% |
| CRWD CrowdStrike Holdings, Inc. | +3,648 | – | $965.81K | 0.193% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| SOFI SoFi Technologies, Inc. | -433.1K | -100.0% | $7.76M | Exited |
| AZN Astrazeneca Plc | -40.4K | -96.6% | $6.53M | 0.046% |
| RBC RBC Bearings INC | -9,638 | -100.0% | $6.21M | Exited |
| FTAI FTAI Aviation Ltd. | -18.2K | -100.0% | $4.92M | Exited |
| NVDA Nvidia Corp | -20.3K | -8.6% | $4.63M | 9.82% |
| NFLX Netflix Inc | -57.0K | -56.7% | $3.97M | 0.605% |
| HWM Howmet Aerospace Inc. | -9,256 | -19.5% | $2.09M | 1.73% |
| CBOE Cboe Global Markets, Inc. | -5,979 | -100.0% | $1.45M | Exited |
| SHOP Shopify Inc. | -5,619 | -6.2% | $833.30K | 2.52% |
| COIN Coinbase Global, Inc. | -4,750 | -100.0% | $694.40K | Exited |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| SNOW Snowflake Inc. | +25.9K | $8.81M | 1.76% |
| NET Cloudflare, Inc. | +16.4K | $5.71M | 1.14% |
| AXON Axon Enterprise, Inc. | +13.1K | $5.54M | 1.1% |
| SPCX Space Exploration Technologies Corp | +24.9K | $3.75M | 0.748% |
| IBKR Interactive Brokers Group, Inc. | +24.8K | $2.12M | 0.423% |
| CRWD CrowdStrike Holdings, Inc. | +3,648 | $965.81K | 0.193% |
| FCX Freeport-Mcmoran Inc | +3,047 | $213.29K | 0.043% |
| OKTA Okta, Inc. | +1,000 | $209.11K | 0.042% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| SOFI SoFi Technologies, Inc. | -433.1K | $7.76M | 1.51% |
| RBC RBC Bearings INC | -9,638 | $6.21M | 1.21% |
| FTAI FTAI Aviation Ltd. | -18.2K | $4.92M | 0.958% |
| CBOE Cboe Global Markets, Inc. | -5,979 | $1.45M | 0.283% |
| COIN Coinbase Global, Inc. | -4,750 | $694.40K | 0.135% |
| EXTR Extreme Networks Inc | -7,400 | $239.54K | 0.047% |
| NRG Nrg Energy, Inc. | -1,549 | $226.25K | 0.044% |
| APP AppLovin Corp | -439 | $226.19K | 0.044% |
| CSX Csx Corp | -4,342 | $206.38K | 0.04% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | NVDA Nvidia Corp | Technology | 215.6K | $49.23M | 9.82% | -20.3K | -8.6% | Reduced | 0% |
| 2 | MSFT Microsoft Corp | Technology | 65.0K | $33.34M | 6.65% | -858 | -1.3% | Reduced | 0% |
| 3 | AAPL Apple Inc. | Technology | 79.3K | $26.42M | 5.27% | -1,081 | -1.3% | Reduced | 0% |
| 4 | AMZN Amazon Com Inc | Consumer Discretionary | 75.4K | $18.78M | 3.75% | -1,360 | -1.8% | Reduced | 0% |
| 5 | AVGO Broadcom Inc. | Technology | 52.1K | $18.29M | 3.65% | -1,565 | -2.9% | Reduced | 0% |
| 6 | PWR Quanta Services, Inc. | Industrials | 23.9K | $15.33M | 3.06% | -640 | -2.6% | Reduced | 0.02% |
| 7 | GEV GE Vernova Inc. | Industrials | 15.8K | $14.98M | 2.99% | -437 | -2.7% | Reduced | 0.01% |
| 8 | ASML Asml Holding Nv | Technology | 8,118 | $14.71M | 2.93% | -137 | -1.7% | Reduced | 0% |
| 9 | GOOGL Alphabet Inc. | Technology | 41.7K | $14.34M | 2.86% | -1,391 | -3.2% | Reduced | 0% |
| 10 | META Meta Platforms, Inc. | Technology | 19.4K | $14.09M | 2.81% | -322 | -1.6% | Reduced | 0% |
| 11 | KLAC Kla Corp | Technology | 70.6K | $13.77M | 2.75% | -1,910 | -2.6% | Reduced | 0.01% |
| 12 | SHOP Shopify Inc. | Technology | 85.1K | $12.61M | 2.52% | -5,619 | -6.2% | Reduced | 0.01% |
| 13 | LLY ELI LILLY & Co | Healthcare | 8,816 | $10.20M | 2.03% | -141 | -1.6% | Reduced | 0% |
| 14 | HOOD Robinhood Markets, Inc. | Financial Services | 87.1K | $9.80M | 1.96% | -1,428 | -1.6% | Reduced | 0.01% |
| 15 | TSM Taiwan Semiconductor Manufacturing Co Ltd | Technology | 20.4K | $9.31M | 1.86% | -600 | -2.9% | Reduced | 0% |
Tip. Select a row to see that position’s full history at Covenant Asset Management.
As of its Q3 2026 13F filing, Covenant Asset Management, LLC’s five largest positions were Nvidia Corp (NVDA) at 9.8%, Microsoft Corp (MSFT) at 6.7%, Apple Inc. (AAPL) at 5.3%, Amazon Com Inc (AMZN) at 3.7%, Broadcom Inc. (AVGO) at 3.6% of the reported portfolio.
Covenant Asset Management, LLC reported a 13F portfolio worth $501.35M across 106 positions for Q3 2026. That is down 2.3% from the previous quarter.
Its largest purchases by value were Snowflake Inc. ($8.81M), Cloudflare, Inc. ($5.71M), Axon Enterprise, Inc. ($5.54M). It opened 8 new positions.
Its largest sales by value were SoFi Technologies, Inc. ($7.76M), Astrazeneca Plc ($6.53M), RBC Bearings INC ($6.21M). It exited 9 positions entirely.
From the Form 13F-HR reports Covenant Asset Management, LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.