Q2 2026 13F · SEC CIK 1697717

Covenant Asset Management, LLC

Wealth managerFiled 2026-07-20 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $562.1M
Reported positions: 145
Top holdings a year, 3 yrs: +26.4%
Assets under management: $692.6M

Covenant Asset Management, LLC is a wealth manager that reported 145 positions worth $562.1M in its Q2 2026 13F, filed 2026-07-20. Its largest holdings were Nvidia Corporation Com (NVDA, 8.4%), Microsoft Corp (MSFT, 4.4%), Apple Inc (AAPL, 4.1%). A portfolio copying its top holdings returned 26.4% a year over the last 3 years, against 20.4% for the S&P 500.

Covenant Asset Management, LLC holdings largest 50 of 145 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Covenant Asset Management, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation Com	8.4%	8.8%	235,840	-4.4%	$47.2M
MSFTMicrosoft Corp	4.4%	5.1%	65,858	-1.4%	$24.6M
AAPLApple Inc	4.1%	4.3%	80,430	-3.3%	$23.3M
KLACKla Corp	3.9%	2.3%	72,549	+872.9%	$21.9M
AVGOBroadcom Inc	3.6%	3.5%	53,642	-3.3%	$20.3M
GEVGe Vernova Inc	3.4%	3.0%	16,201	-4.0%	$19.0M
AMZNAmazon Com Inc Com	3.3%	3.3%	76,726	-1.4%	$18.3M
PWRQuanta Svcs Inc Com	3.1%	2.9%	24,497	-3.5%	$17.6M
ASMLAsml Hldg NV	2.9%	2.3%	8,255	-1.3%	$16.4M
GOOGLAlphabet Inc	2.7%	2.6%	43,072	-2.1%	$15.4M
HWMHowmet Aerospace Inc	2.3%	2.3%	47,493	-2.2%	$12.8M
METAMeta Platforms Inc Class A	2.0%	2.3%	19,754	-1.0%	$11.1M
LLYLilly Eli & Co	1.9%	1.7%	8,957	-0.1%	$10.7M
SHOPShopify Inc	1.8%	2.3%	90,675	-3.0%	$10.4M
TSMTaiwan Semiconductor Manufac	1.8%	1.5%	21,015	-1.4%	$10.0M
SPYSpdr S&p 500 ETF Tr	1.7%	1.7%	12,690	+1.7%	$9.5M
HOODRobinhood Mkts Inc	1.6%	1.3%	88,562	-1.5%	$8.9M
MSMorgan Stanley Com New	1.5%	0.6%	39,592	+140.2%	$8.3M
JPMJpmorgan Chase & Co	1.5%	1.6%	25,140	-3.0%	$8.2M
GEGe Aerospace	1.4%	1.3%	21,804	-2.1%	$8.1M
ANETArista Networks Inc	1.4%	1.2%	47,144	-4.3%	$8.0M
AZNAstrazeneca PLC Ord	1.4%	1.8%	41,874	-4.5%	$7.9M
SOFISofi Technologies Inc	1.4%	—	433,052	—	$7.8M
BEBloom Energy Corp	1.4%	0.7%	25,567	-1.2%	$7.7M
TSLATesla Inc Com	1.4%	1.4%	18,325	+1.8%	$7.7M
ADIAnalog Devices Inc	1.3%	1.2%	18,229	-2.3%	$7.2M
NFLXNetflix Inc Total	1.3%	2.0%	100,645	-2.6%	$7.2M
AGXArgan, Inc.	1.2%	1.0%	8,750	+0.4%	$7.0M
MRKMerck & Co. Inc	1.2%	1.4%	53,920	-2.5%	$6.9M
GSGoldman Sachs Group Inc	1.2%	1.1%	6,511	-1.2%	$6.6M
QQQInvesco Qqq Tr	1.1%	1.1%	8,718	-5.9%	$6.4M
AXPAmerican Express Co Com	1.1%	1.2%	18,500	-1.4%	$6.3M
ROLLRbc Bearings Inc	1.1%	1.1%	9,638	+2.2%	$6.2M
VRTXVertex Pharmaceuticals Inc	1.0%	1.1%	11,782	-2.5%	$5.9M
ODFLOld Dominion Freight Line in	1.0%	1.0%	25,907	-0.4%	$5.6M
GOOGAlphabet Inc	1.0%	0.9%	15,170	+0.0%	$5.4M
ABBVAbbvie Inc	0.9%	0.9%	19,947	-6.2%	$5.0M
COFCapital One Financial Corp	0.9%	0.9%	24,788	-1.7%	$5.0M
FTAIFtai Aviation Ltd	0.9%	0.9%	18,171	+1.9%	$4.9M
VUGVanguard Indx Fd	0.7%	0.7%	46,185	+520.9%	$4.0M
COSTCostco Whsl Corp New	0.7%	0.9%	4,166	+0.0%	$3.9M
ADPAutomatic Data Processing Inc Com	0.7%	0.7%	16,384	-4.7%	$3.7M
PANWPalo Alto Networks Inc	0.6%	—	9,987	—	$3.4M
CAHCardinal Health Inc	0.6%	0.6%	14,302	-4.1%	$3.4M
JNJJohnson & Johnson	0.6%	0.7%	12,700	-5.7%	$3.2M
ORCLOracle Corp	0.5%	0.8%	20,858	-18.6%	$3.1M
APHAmphenol Corp	0.5%	—	16,631	—	$2.9M
CATCaterpillar Inc Com	0.5%	—	2,573	—	$2.7M
QCOMQualcomm Inc	0.5%	—	14,598	—	$2.7M
BLKBlackrock Inc	0.5%	0.5%	2,668	-1.5%	$2.6M

What Covenant Asset Management, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +18.1% /yr; S&P 500 +20.1%
3 years: +26.4% /yr; S&P 500 +20.4%
5 years: +12.2% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$562.1M	145
Q1 2026	$487.8M	141
Q4 2025	$518.9M	140
Q3 2025	$529.7M	141
Q2 2025	$486.6M	140
Q1 2025	$397.7M	134
Q4 2024	$450.8M	136
Q3 2024	$451.0M	141
Q2 2024	$444.8M	142
Q1 2024	$411.7M	134
Q4 2023	$359.3M	136
Q3 2023	$324.4M	136

Questions about Covenant Asset Management, LLC's portfolio

What stocks does Covenant Asset Management, LLC own?

Covenant Asset Management, LLC's latest 13F, for Q2 2026 and filed Jul 20, 2026, lists 145 positions worth $562.1M. The largest are Nvidia Corporation Com (NVDA) at 8.4%, Microsoft Corp (MSFT) at 4.4%, Apple Inc (AAPL) at 4.1%, Kla Corp (KLAC) at 3.9% and Broadcom Inc (AVGO) at 3.6%.

What did Covenant Asset Management, LLC buy last quarter?

In Q2 2026, Covenant Asset Management, LLC added Kla Corp (KLAC) (+872.9% shares), Vanguard Indx Fd (VUG) (+520.9% shares) and Morgan Stanley Com New (MS) (+140.2% shares), compared with its Q1 2026 filing.

What did Covenant Asset Management, LLC sell last quarter?

In Q2 2026, Covenant Asset Management, LLC cut from its top 50 Palantir Technologies Inclass Class A (PLTR), cut from its top 50 Cboe Global Mkts Inc (CBOE), cut from its top 50 Spotify Technology S A (SPOT), cut from its top 50 Stifel Finl Corp (SF), cut from its top 50 Waste Mgmt Inc Del (WM), Oracle Corp (ORCL) (-18.6% shares), Abbvie Inc (ABBV) (-6.2% shares) and Invesco Qqq Tr (QQQ) (-5.9% shares), compared with its Q1 2026 filing.

How has Covenant Asset Management, LLC's portfolio performed?

A portfolio copying Covenant Asset Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +26.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +18.1% against +20.1%. Over 5 years: +12.2% a year against +11.6%.

When is Covenant Asset Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Covenant Asset Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Covenant Asset Management, LLC manage?

Covenant Asset Management, LLC reported $692.6M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $562.1M.