Q3 2026 13F · SEC CIK 1697717

Covenant Asset Management, LLC

Wealth managerFiled 2026-10-14 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $549.0M
Reported positions: 147
Top holdings a year, 3 yrs: +26.4%
Assets under management: $692.6M

Covenant Asset Management, LLC is a wealth manager that reported 147 positions worth $549.0M in its Q3 2026 13F, filed 2026-10-14. Its largest holdings were Nvidia Corporation (NVDA, 9.0%), Microsoft Corp (MSFT, 6.1%), Apple Inc (AAPL, 4.8%). 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 147 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 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	Q2 2026	Shares	Share change	Reported value
NVDANvidia Corporation	9.0%	8.4%	215,581	-8.6%	$49.2M
MSFTMicrosoft Corp	6.1%	4.4%	65,000	-1.3%	$33.3M
AAPLApple Inc	4.8%	4.1%	79,349	-1.3%	$26.4M
AMZNAmazon Com Inc	3.4%	3.3%	75,366	-1.8%	$18.8M
AVGOBroadcom Inc	3.3%	3.6%	52,077	-2.9%	$18.3M
PWRQuanta Svcs Inc	2.8%	3.1%	23,857	-2.6%	$15.3M
GEVGe Vernova Inc	2.7%	3.4%	15,764	-2.7%	$15.0M
ASMLAsml Hldg NV	2.7%	2.9%	8,118	-1.7%	$14.7M
GOOGLAlphabet Inc	2.6%	2.7%	41,681	-3.2%	$14.3M
METAMeta Platforms Inc	2.6%	2.0%	19,432	-1.6%	$14.1M
KLACKla Corp	2.5%	3.9%	70,639	-2.6%	$13.8M
SHOPShopify Inc	2.3%	1.8%	85,056	-6.2%	$12.6M
LLYEli Lilly & Co	1.9%	1.9%	8,816	-1.6%	$10.2M
HOODRobinhood Mkts Inc	1.8%	1.6%	87,134	-1.6%	$9.8M
SPYState Str Spdr S&p 500 ETF T	1.7%	1.7%	12,392	-2.3%	$9.5M
TSMTaiwan Semiconductor Manufac	1.7%	1.8%	20,415	-2.9%	$9.3M
ANETArista Networks Inc	1.7%	1.4%	45,740	-3.0%	$9.3M
SNOWSnowflake Inc	1.6%	—	25,936	—	$8.8M
HWMHowmet Aerospace Inc	1.6%	2.3%	38,237	-19.5%	$8.6M
JPMJpmorgan Chase & Co	1.5%	1.5%	24,750	-1.6%	$8.2M
MRKMerck & Co Inc	1.4%	1.2%	53,920	+0.0%	$7.8M
MSMorgan Stanley	1.3%	1.5%	38,509	-2.7%	$7.2M
ADIAnalog Devices Inc	1.3%	1.3%	18,011	-1.2%	$7.1M
BEBloom Energy Corp	1.3%	1.4%	25,144	-1.7%	$7.0M
GEGe Aerospace	1.2%	1.4%	21,417	-1.8%	$6.7M
TSLATesla Inc	1.2%	1.4%	18,282	-0.2%	$6.5M
QQQInvesco Qqq Tr	1.2%	1.1%	8,758	+0.5%	$6.5M
PLTRPalantir Technologies Inc	1.1%	—	33,222	—	$6.2M
VRTXVertex Pharmaceuticals Inc	1.1%	1.0%	11,580	-1.7%	$6.1M
JNJJohnson & Johnson	1.1%	0.6%	22,724	+78.9%	$6.0M
GSGoldman Sachs Group Inc	1.1%	1.2%	6,430	-1.2%	$5.8M
NETCloudflare Inc	1.0%	—	16,438	—	$5.7M
AXONAxon Enterprise Inc	1.0%	—	13,108	—	$5.5M
AXPAmerican Express Co	1.0%	1.1%	17,722	-4.2%	$5.4M
GOOGAlphabet Inc	0.9%	1.0%	15,200	+0.2%	$5.2M
ABBVAbbvie Inc	0.9%	0.9%	19,645	-1.5%	$5.1M
COFCapital One Finl Corp	0.9%	0.9%	24,184	-2.4%	$4.7M
CAHCardinal Health Inc	0.8%	0.6%	20,611	+44.1%	$4.6M
ODFLOld Dominion Freight Line in	0.8%	1.0%	25,340	-2.2%	$4.4M
ADPAutomatic Data Processing in	0.8%	0.7%	16,237	-0.9%	$4.2M
APHAmphenol Corp	0.8%	0.5%	49,529	+197.8%	$4.2M
VUGVanguard Index Fds	0.7%	0.7%	45,542	-1.4%	$4.1M
PANWPalo Alto Networks Inc	0.7%	0.6%	10,005	+0.2%	$4.0M
SPCXSpace Exploration Techn Corp	0.7%	—	24,851	—	$3.7M
COSTCostco Wholesale Corporation	0.7%	0.7%	4,071	-2.3%	$3.7M
AGXArgan Inc	0.6%	1.2%	8,616	-1.5%	$3.3M
NFLXNetflix Inc.	0.6%	1.3%	43,610	-56.7%	$3.0M
ORCLOracle Corp	0.5%	0.5%	20,425	-2.1%	$2.8M
BLKBlackrock Inc	0.5%	0.5%	2,600	-2.5%	$2.8M
QCOMQualcomm Inc	0.5%	0.5%	14,598	+0.0%	$2.7M

What Covenant Asset Management, LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

APH Amphenol Corp+197.8% shares
JNJ Johnson & Johnson+78.9% shares
CAH Cardinal Health Inc+44.1% shares

Reduced

Left the top 50

Share counts compared with the Q2 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, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 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
Q3 2026	$549.0M	147
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

Questions about Covenant Asset Management, LLC's portfolio

What stocks does Covenant Asset Management, LLC own?

Covenant Asset Management, LLC's latest 13F, for Q3 2026 and filed Oct 14, 2026, lists 147 positions worth $549.0M. The largest are Nvidia Corporation (NVDA) at 9.0%, Microsoft Corp (MSFT) at 6.1%, Apple Inc (AAPL) at 4.8%, Amazon Com Inc (AMZN) at 3.4% and Broadcom Inc (AVGO) at 3.3%.

What did Covenant Asset Management, LLC buy last quarter?

In Q3 2026, Covenant Asset Management, LLC added Amphenol Corp (APH) (+197.8% shares), Johnson & Johnson (JNJ) (+78.9% shares) and Cardinal Health Inc (CAH) (+44.1% shares), compared with its Q2 2026 filing.

What did Covenant Asset Management, LLC sell last quarter?

In Q3 2026, Covenant Asset Management, LLC cut from its top 50 Astrazeneca PLC (AZN), cut from its top 50 Sofi Technologies Inc (SOFI), cut from its top 50 Rbc Bearings Incorporated (ROLL), cut from its top 50 Ftai Aviation Ltd (FTAI), cut from its top 50 Caterpillar Inc (CAT), Netflix Inc. (NFLX) (-56.7% shares), Howmet Aerospace Inc (HWM) (-19.5% shares) and Nvidia Corporation (NVDA) (-8.6% shares), compared with its Q2 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 Dec 31, 2026 is due by Feb 14, 2027; 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 $549.0M.