Skip to main content
Livermore
Livermore
ZHEN

Covenant Asset Management, LLC

SEC CIK
0001697717
Latest filing
Jul 20, 2026

Holdings in Q2 2022

Holdings as of Jun 30, 2022, filed Jul 21, 2022. Long positions only; changes compare share counts with Q1 2022.

Institution overview
Positions
133
−2 vs. Q1 2022
Portfolio value
$259.9M
−$72.5M (−21.8%) vs. Q1 2022
Filed
Jul 21, 2022
SEC
Holdings of Covenant Asset Management, LLC in Q2 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
MSFTMicrosoft CorpStock83,789$21.5M8.3%−57−0.1%ReducedHistory
AAPLApple Inc.Stock129,628$17.7M6.8%−1,609−1.2%ReducedHistory
AMZNAmazon Com IncStock84,460$8.97M3.5%−13,460−13.7%ReducedConverted for a 20-for-1 splitHistory
GOOGLAlphabet Inc.Stock3,226$7.03M2.7%+85+2.7%AddedHistory
MRKMerck & Co., Inc.Stock62,715$5.72M2.2%−96−0.2%ReducedHistory
TTDTrade Desk, Inc.Stock135,825$5.69M2.2%−25,862−16.0%ReducedHistory
REGNRegeneron Pharmaceuticals, Inc.COM8,488$5.02M1.9%−3,114−26.8%ReducedHistory
UNHUnitedHealth Group IncStock9,374$4.82M1.9%−78−0.8%ReducedHistory
SNPSSynopsys IncCOM15,799$4.80M1.8%−275−1.7%ReducedHistory
QCOMQualcomm IncStock36,025$4.60M1.8%−563−1.5%ReducedHistory
MPWRMonolithic Power Systems, Inc.COM11,961$4.59M1.8%−369−3.0%ReducedHistory
NVDANVIDIA CorpStock29,466$4.47M1.7%−8,722−22.8%ReducedHistory
ADPAutomatic Data Processing IncStock19,843$4.17M1.6%+10+0.1%AddedHistory
TXTTextron IncCOM67,549$4.13M1.6%−1,130−1.6%ReducedHistory
ABBVAbbVie Inc.Stock24,672$3.78M1.5%+239+1.0%AddedHistory
ASMLASML Holding NVADR7,672$3.65M1.4%−2,566−25.1%ReducedHistory
ULTAUlta Beauty, Inc.Stock9,165$3.53M1.4%−187−2.0%ReducedHistory
GNRCGenerac Holdings Inc.Stock16,479$3.47M1.3%+6,415+63.7%AddedHistory
JNJJohnson & JohnsonStock18,944$3.36M1.3%+15+0.1%AddedHistory
AVGOBroadcom Inc.Stock6,691$3.25M1.3%+5,218+354.2%AddedHistory
DEDeere & CoStock10,776$3.23M1.2%+199+1.9%AddedHistory
METAMeta Platforms, Inc.Stock19,395$3.13M1.2%−33−0.2%ReducedHistory
SHOPShopify Inc.Stock99,930$3.12M1.2%−1,210−1.2%ReducedConverted for a 10-for-1 splitHistory
RTXRTX CorpStock32,376$3.11M1.2%+307+1.0%AddedHistory
VRTXVertex Pharmaceuticals IncStock10,680$3.01M1.2%+10,680NewHistory
COSTCostco Wholesale CorpStock6,245$2.99M1.2%00.0%UnchangedHistory
ODFLOld Dominion Freight Line, Inc.COM11,671$2.99M1.2%−59−0.5%ReducedHistory
MRVLMarvell Technology, Inc.COM65,820$2.87M1.1%−4,307−6.1%ReducedHistory
INTUIntuit Inc.Stock7,325$2.82M1.1%−2,874−28.2%ReducedHistory
ENPHEnphase Energy, Inc.Stock14,376$2.81M1.1%+14,376NewHistory
ADBEAdobe Inc.Stock7,561$2.77M1.1%−74−1.0%ReducedHistory
LLYEli Lilly & CoStock8,482$2.75M1.1%+8,482NewHistory
SPYSPDR S&P 500 ETF TrustETF7,137$2.69M1.0%+84+1.2%AddedHistory
LHXL3HARRIS Technologies, Inc.Stock11,117$2.69M1.0%+11,117NewHistory
AMATApplied Materials IncStock28,282$2.57M1.0%−1,495−5.0%ReducedHistory
IDXXIDEXX Laboratories IncCOM7,090$2.49M1.0%−175−2.4%ReducedHistory
GTLSChart Industries IncCOM14,007$2.34M0.9%+14,007NewHistory
Schwab US Tips ETF808524870ETF41,424$2.31M0.9%00.0%Unchanged–
AMDAdvanced Micro Devices IncStock30,128$2.30M0.9%−419−1.4%ReducedHistory
STAAStaar Surgical CoCOM PAR $0.0132,280$2.29M0.9%−646−2.0%ReducedHistory
BYMBlackRock Municipal Income Quality TrustCOM178,821$2.22M0.9%−3,125−1.7%ReducedHistory
PYPLPayPal Holdings, Inc.Stock31,236$2.18M0.8%+574+1.9%AddedHistory
FTNTFortinet, Inc.Stock36,430$2.06M0.8%+18,475+102.9%AddedConverted for a 5-for-1 splitHistory
Invesco QQQ Trust Series I46090E103ETF7,270$2.04M0.8%+445+6.5%Added–
WMWaste Management IncStock13,298$2.03M0.8%+68+0.5%AddedHistory
BMYBristol Myers Squibb CoStock25,105$1.93M0.7%+47+0.2%AddedHistory
JPMJPMorgan Chase & CoStock16,467$1.85M0.7%+222+1.4%AddedHistory
DECKDeckers Outdoor CorpCOM6,820$1.74M0.7%−171−2.4%ReducedHistory
EPDEnterprise Products Partners L.P.Stock71,081$1.73M0.7%−268−0.4%ReducedHistory
BLKBlackRock, Inc.COM2,739$1.67M0.6%−37−1.3%ReducedHistory
GOOGAlphabet Inc.Stock754$1.65M0.6%00.0%UnchangedHistory
Vanguard Morningstar Value ETF922908744ETF12,454$1.64M0.6%+66+0.5%Added–
HYTBlackRock Corporate High Yield Fund, Inc.COM172,150$1.64M0.6%+140+0.1%AddedHistory
YETIYETI Holdings, Inc.COM37,684$1.63M0.6%−1,587−4.0%ReducedHistory
UTHRUnited Therapeutics CorpCOM6,890$1.62M0.6%+6,890NewHistory
Vanguard Real Estate ETF922908553ETF17,655$1.61M0.6%+97+0.6%Added–
DXCMDexcom IncCOM21,272$1.58M0.6%−5,012−19.1%ReducedConverted for a 4-for-1 splitHistory
SPDR Series Trust78464A656ST STR TIPS ETF56,953$1.57M0.6%00.0%Unchanged–
TMOThermo Fisher Scientific Inc.Stock2,798$1.52M0.6%00.0%UnchangedHistory
NOWServiceNow, Inc.Stock3,165$1.50M0.6%−32−1.0%ReducedHistory
EXPEExpedia Group, Inc.Stock15,805$1.50M0.6%−540−3.3%ReducedHistory
HDHome Depot, Inc.Stock5,386$1.48M0.6%+129+2.5%AddedHistory
VZVerizon Communications IncStock26,927$1.37M0.5%−300−1.1%ReducedHistory
VLOValero Energy CorpStock12,862$1.37M0.5%+51+0.4%AddedHistory
VVisa Inc.Stock6,672$1.31M0.5%00.0%UnchangedHistory
NEENextera Energy IncStock16,897$1.31M0.5%+80+0.5%AddedHistory
ORCLOracle CorpStock17,750$1.24M0.5%00.0%UnchangedHistory
ELEstee Lauder Companies IncCL A4,679$1.19M0.5%−4,945−51.4%ReducedHistory
APDAir Products & Chemicals, Inc.Stock4,845$1.17M0.4%+181+3.9%AddedHistory
AMGNAmgen IncStock4,784$1.16M0.4%+61+1.3%AddedHistory
TXNTexas Instruments IncStock7,421$1.14M0.4%−54−0.7%ReducedHistory
LMTLockheed Martin CorpStock2,506$1.08M0.4%+94+3.9%AddedHistory
PAYXPaychex IncStock9,222$1.05M0.4%−50−0.5%ReducedHistory
Vanguard Morningstar Mid-Cap ETF922908629ETF5,112$1.01M0.4%−99−1.9%Reduced–
WisdomTree Tr97717W281EMG MKTS SMCAP22,216$992.0K0.4%+2,511+12.7%Added–
Vanguard Morningstar Growth ETF922908736ETF4,312$961.0K0.4%+44+1.0%Added–
HLTHilton Worldwide Holdings Inc.COM8,441$941.0K0.4%−8,594−50.4%ReducedHistory
PFEPfizer IncStock17,147$899.0K0.3%−543−3.1%ReducedHistory
HONHoneywell International IncCOM5,132$892.0K0.3%+330+6.9%AddedHistory
Vanguard Morningstar Total Stock Market ETF922908769ETF4,667$880.0K0.3%00.0%Unchanged–
FASTFastenal CoStock16,675$832.0K0.3%+190+1.2%AddedHistory
PANWPalo Alto Networks IncStock1,543$762.0K0.3%00.0%UnchangedHistory
CVXChevron CorpStock5,243$759.0K0.3%+129+2.5%AddedHistory
DHRDanaher CorpStock2,992$759.0K0.3%00.0%UnchangedHistory
CSCOCisco Systems, Inc.Stock17,435$743.0K0.3%+592+3.5%AddedHistory
iShares Tr464287739U.S. REAL ES ETF7,787$716.0K0.3%−148−1.9%Reduced–
BACBank of America CorpStock21,775$678.0K0.3%00.0%UnchangedHistory
WSMWilliams Sonoma IncCOM6,100$677.0K0.3%−210−3.3%ReducedHistory
PEPPepsiCo IncStock3,543$590.0K0.2%00.0%UnchangedHistory
AFLAflac IncStock10,160$562.0K0.2%00.0%UnchangedHistory
TDToronto Dominion BankStock8,492$557.0K0.2%00.0%UnchangedHistory
Alps ETF Tr00162Q452ALERIAN MLP16,104$555.0K0.2%−665−4.0%Reduced–
NFLXNetflix IncStock3,140$549.0K0.2%00.0%UnchangedHistory
TFCTruist Financial CorpCOM10,804$512.0K0.2%00.0%UnchangedHistory
ABTAbbott LaboratoriesStock4,683$509.0K0.2%00.0%UnchangedHistory
Vanguard High Dividend Yield Index ETF921946406ETF4,972$506.0K0.2%+24+0.5%Added–
ETNEaton Corp plcStock3,986$502.0K0.2%+388+10.8%AddedHistory
ILMNIllumina, Inc.COM2,704$499.0K0.2%00.0%UnchangedHistory
Vanguard Dividend Appreciation ETF921908844ETF3,383$485.0K0.2%+150+4.6%Added–
BTTBlackRock Municipal 2030 Target Term TrustCOM SHS BEN IN20,950$464.0K0.2%00.0%UnchangedHistory

Options (13)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of Covenant Asset Management, LLC in Q2 2022
SecurityClassPutsCalls
SPYSPDR S&P 500 ETF TrustETF$5.66M$5.66M
Invesco QQQ Trust Series I46090E103ETF$4.20M$4.20M
LMTLockheed Martin CorpStock$7.09M–
NOWServiceNow, Inc.Stock$3.66M$2.47M
GOOGLAlphabet Inc.Stock$6.10M–
AVGOBroadcom Inc.Stock$4.86M–
DEDeere & CoStock$4.49M–
TSLATesla, Inc.Stock$2.56M–
AMZNAmazon Com IncStock$637.0K$425.0K
SHOPShopify Inc.Stock$906.0K–
TMOThermo Fisher Scientific Inc.Stock$815.0K–
STAAStaar Surgical CoCOM PAR $0.01$709.0K–
PYPLPayPal Holdings, Inc.Stock$210.0K$210.0K

Sold out since Q1 2022 (8)

Positions held at the end of Q1 2022 that are gone from this filing.

Positions of Covenant Asset Management, LLC sold out since Q1 2022
SecurityClassShares in Q1 2022Value in Q1 2022% of portfolio in Q1 2022History
AMRCAmeresco, Inc.CL A60,874$4.84M1.5%History
BABoeing CoStock12,698$2.43M0.7%History
CPCanadian Pacific Kansas City LtdCOM18,304$1.51M0.5%History
DDOGDatadog, Inc.CL A COM2,000$303.0K0.1%History
SPGSimon Property Group Inc.REIT2,000$263.0K0.1%History
IIPRInnovative Industrial Properties IncCOM1,268$260.0K0.1%History
iShares Core S&P Mid-Cap ETF464287507ETF828$222.0K0.1%–
PSXPhillips 66Stock2,310$200.0K0.1%History