Skip to main content
Livermore
Livermore
ZHEN

Covenant Asset Management, LLC

SEC CIK
0001697717
Latest filing
Jul 20, 2026

Holdings in Q2 2023

Holdings as of Jun 30, 2023, filed Jul 12, 2023. Long positions only; changes compare share counts with Q1 2023.

Institution overview
Positions
136
−7 vs. Q1 2023
Portfolio value
$339.3M
+$32.7M (+10.7%) vs. Q1 2023
Filed
Jul 12, 2023
SEC
Holdings of Covenant Asset Management, LLC in Q2 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
MSFTMicrosoft CorpStock77,910$26.5M7.8%+320.0%AddedHistory
AAPLApple Inc.Stock102,889$20.0M5.9%−62−0.1%ReducedHistory
NVDANVIDIA CorpStock31,383$13.3M3.9%−391−1.2%ReducedHistory
AMZNAmazon Com IncStock94,555$12.3M3.6%−971−1.0%ReducedHistory
TTDTrade Desk, Inc.Stock138,150$10.7M3.1%+680.0%AddedHistory
MRKMerck & Co., Inc.Stock63,412$7.32M2.2%−200−0.3%ReducedHistory
GOOGLAlphabet Inc.Stock59,484$7.12M2.1%−190.0%ReducedHistory
SHOPShopify Inc.Stock108,047$6.98M2.1%+766+0.7%AddedHistory
PANWPalo Alto Networks IncStock25,252$6.45M1.9%+803+3.3%AddedHistory
AVGOBroadcom Inc.Stock7,307$6.34M1.9%+481+7.0%AddedHistory
ASMLASML Holding NVADR8,075$5.85M1.7%+321+4.1%AddedHistory
QCOMQualcomm IncStock46,642$5.55M1.6%+508+1.1%AddedHistory
SNPSSynopsys IncCOM12,386$5.39M1.6%−21−0.2%ReducedHistory
LLYEli Lilly & CoStock11,460$5.37M1.6%−38−0.3%ReducedHistory
PWRQuanta Services, Inc.COM27,159$5.34M1.6%−244−0.9%ReducedHistory
SEDGSolaredge Technologies, Inc.COM19,500$5.25M1.5%+4,000+25.8%AddedHistory
AMDAdvanced Micro Devices IncStock43,020$4.90M1.4%−2,203−4.9%ReducedHistory
DEDeere & CoStock11,760$4.77M1.4%+196+1.7%AddedHistory
ONOn Semiconductor CorpStock48,481$4.59M1.4%−1,080−2.2%ReducedHistory
ODFLOld Dominion Freight Line, Inc.COM12,017$4.44M1.3%+98+0.8%AddedHistory
ADPAutomatic Data Processing IncStock19,904$4.37M1.3%+34+0.2%AddedHistory
UNHUnitedHealth Group IncStock9,055$4.35M1.3%+30.0%AddedHistory
JPMJPMorgan Chase & CoStock29,921$4.35M1.3%+387+1.3%AddedHistory
ULTAUlta Beauty, Inc.Stock8,903$4.19M1.2%+95+1.1%AddedHistory
ISRGIntuitive Surgical IncCOM NEW11,994$4.10M1.2%+9,937+483.1%AddedHistory
ROKRockwell Automation, IncStock11,996$3.95M1.2%+80+0.7%AddedHistory
JNJJohnson & JohnsonStock23,863$3.95M1.2%−27−0.1%ReducedHistory
LNGCheniere Energy, Inc.COM NEW25,575$3.90M1.1%−232−0.9%ReducedHistory
VRTXVertex Pharmaceuticals IncStock11,051$3.89M1.1%−19−0.2%ReducedHistory
DXCMDexcom IncCOM30,097$3.87M1.1%−61−0.2%ReducedHistory
ADBEAdobe Inc.Stock7,904$3.86M1.1%+6+0.1%AddedHistory
TDGTransDigm Group INCCOM4,274$3.82M1.1%+4,274NewHistory
CMGChipotle Mexican Grill IncCOM1,764$3.77M1.1%+10+0.6%AddedHistory
NOWServiceNow, Inc.Stock6,675$3.75M1.1%+2,617+64.5%AddedHistory
DECKDeckers Outdoor CorpCOM6,767$3.57M1.1%−46−0.7%ReducedHistory
ABBVAbbVie Inc.Stock25,959$3.50M1.0%−60.0%ReducedHistory
SPYSPDR S&P 500 ETF TrustETF7,763$3.44M1.0%+51+0.7%AddedHistory
KLACKLA CorpCOM NEW7,073$3.43M1.0%+33+0.5%AddedHistory
IDXXIDEXX Laboratories IncCOM6,631$3.33M1.0%+3,127+89.2%AddedHistory
BABoeing CoStock14,694$3.10M0.9%+1,601+12.2%AddedHistory
COSTCostco Wholesale CorpStock5,754$3.10M0.9%−485−7.8%ReducedHistory
REGNRegeneron Pharmaceuticals, Inc.COM4,204$3.02M0.9%+3,804+951.0%AddedHistory
Invesco QQQ Trust Series I46090E103ETF7,641$2.82M0.8%+29+0.4%Added–
ORCLOracle CorpStock23,660$2.82M0.8%00.0%UnchangedHistory
METAMeta Platforms, Inc.Stock9,489$2.72M0.8%00.0%UnchangedHistory
FANGDiamondback Energy, Inc.Stock20,379$2.68M0.8%−102−0.5%ReducedHistory
NFLXNetflix IncStock5,825$2.57M0.8%00.0%UnchangedHistory
WMWaste Management IncStock13,456$2.33M0.7%−11−0.1%ReducedHistory
ENPHEnphase Energy, Inc.Stock13,669$2.29M0.7%−13−0.1%ReducedHistory
SBUXStarbucks CorpStock22,857$2.26M0.7%+951+4.3%AddedHistory
GOOGAlphabet Inc.Stock18,340$2.22M0.7%00.0%UnchangedHistory
Vanguard Morningstar Value ETF922908744ETF14,373$2.04M0.6%+124+0.9%Added–
BLKBlackRock, Inc.COM2,749$1.90M0.6%+46+1.7%AddedHistory
INTUIntuit Inc.Stock3,880$1.78M0.5%−3,442−47.0%ReducedHistory
VLOValero Energy CorpStock15,112$1.77M0.5%+150+1.0%AddedHistory
EPDEnterprise Products Partners L.P.Stock67,209$1.77M0.5%+300+0.4%AddedHistory
HDHome Depot, Inc.Stock5,665$1.76M0.5%+39+0.7%AddedHistory
NBIXNeurocrine Biosciences IncStock18,423$1.74M0.5%−85−0.5%ReducedHistory
BXBlackstone Inc.COM17,514$1.63M0.5%+764+4.6%AddedHistory
VVisa Inc.Stock6,629$1.57M0.5%−47−0.7%ReducedHistory
CVXChevron CorpStock9,938$1.56M0.5%+341+3.6%AddedHistory
BMYBristol Myers Squibb CoStock24,370$1.56M0.5%−220−0.9%ReducedHistory
APDAir Products & Chemicals, Inc.Stock5,145$1.54M0.5%+109+2.2%AddedHistory
Vanguard Real Estate ETF922908553ETF17,820$1.49M0.4%00.0%Unchanged–
HYTBlackRock Corporate High Yield Fund, Inc.COM163,718$1.46M0.4%−2,570−1.5%ReducedHistory
TMOThermo Fisher Scientific Inc.Stock2,789$1.46M0.4%−21−0.7%ReducedHistory
MSMorgan StanleyStock17,003$1.45M0.4%+675+4.1%AddedHistory
EOGEOG Resources IncStock12,439$1.42M0.4%−11,423−47.9%ReducedHistory
TXNTexas Instruments IncStock7,789$1.40M0.4%+154+2.0%AddedHistory
LMTLockheed Martin CorpStock2,889$1.33M0.4%+89+3.2%AddedHistory
Vanguard Morningstar Growth ETF922908736ETF4,693$1.33M0.4%+108+2.4%Added–
NEENextera Energy IncStock17,724$1.32M0.4%+318+1.8%AddedHistory
AMGNAmgen IncStock4,927$1.09M0.3%+40+0.8%AddedHistory
Vanguard Morningstar Mid-Cap ETF922908629ETF4,599$1.01M0.3%−14−0.3%Reduced–
Schwab US Tips ETF808524870ETF19,220$1.01M0.3%00.0%Unchanged–
Vanguard Morningstar Total Stock Market ETF922908769ETF4,541$1.00M0.3%−14−0.3%Reduced–
FASTFastenal CoStock16,695$984.8K0.3%+331+2.0%AddedHistory
PAYXPaychex IncStock8,798$984.2K0.3%00.0%UnchangedHistory
WisdomTree Tr97717W281EMG MKTS SMCAP20,698$963.1K0.3%+30+0.1%Added–
CSCOCisco Systems, Inc.Stock17,768$919.3K0.3%+243+1.4%AddedHistory
HONHoneywell International IncCOM4,104$851.6K0.3%+140+3.5%AddedHistory
ETNEaton Corp plcStock4,209$846.4K0.2%+177+4.4%AddedHistory
BACBank of America CorpStock29,357$842.2K0.2%+307+1.1%AddedHistory
ILMNIllumina, Inc.COM3,904$732.0K0.2%00.0%UnchangedHistory
TSCOTractor Supply CoCOM3,250$718.6K0.2%+135+4.3%AddedHistory
DHRDanaher CorpStock2,992$718.1K0.2%−35−1.2%ReducedHistory
AFLAflac IncStock10,160$709.2K0.2%00.0%UnchangedHistory
ETEnergy Transfer LPCOM UT LTD PTN51,741$657.1K0.2%00.0%UnchangedHistory
PEPPepsiCo IncStock3,543$656.2K0.2%00.0%UnchangedHistory
Alps ETF Tr00162Q452ALERIAN MLP16,482$646.3K0.2%+20+0.1%Added–
iShares Tr464287739U.S. REAL ES ETF7,451$644.8K0.2%−111−1.5%Reduced–
RTXRTX CorpStock6,280$615.2K0.2%−24,304−79.5%ReducedHistory
TSLATesla, Inc.Stock2,348$614.5K0.2%00.0%UnchangedHistory
BYMBlackRock Municipal Income Quality TrustCOM54,155$609.2K0.2%00.0%UnchangedHistory
VZVerizon Communications IncStock16,038$596.5K0.2%−958−5.6%ReducedHistory
BBYBest Buy Co IncStock7,145$585.5K0.2%+131+1.9%AddedHistory
Vanguard Dividend Appreciation ETF921908844ETF3,416$554.9K0.2%00.0%Unchanged–
Vanguard High Dividend Yield Index ETF921946406ETF4,972$527.4K0.2%00.0%Unchanged–
TDToronto Dominion BankStock8,392$520.4K0.2%−100−1.2%ReducedHistory
ABTAbbott LaboratoriesStock4,583$499.6K0.1%00.0%UnchangedHistory

Options (12)

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 2023
SecurityClassPutsCalls
CMGChipotle Mexican Grill IncCOM$10.7M$5.35M
ASMLASML Holding NVADR$9.57M–
AVGOBroadcom Inc.Stock$5.64M–
REGNRegeneron Pharmaceuticals, Inc.COM$2.51M$2.51M
KLACKLA CorpCOM NEW$2.43M$2.43M
SEDGSolaredge Technologies, Inc.COM$4.71M–
TSLATesla, Inc.Stock$3.25M$261.8K
PANWPalo Alto Networks IncStock$1.28M$638.8K
COSTCostco Wholesale CorpStock$1.88M–
AMDAdvanced Micro Devices IncStock$569.5K$569.5K
AMZNAmazon Com IncStock–$260.7K
GOOGAlphabet Inc.Stock–$241.9K

Sold out since Q1 2023 (8)

Positions held at the end of Q1 2023 that are gone from this filing.

Positions of Covenant Asset Management, LLC sold out since Q1 2023
SecurityClassShares in Q1 2023Value in Q1 2023% of portfolio in Q1 2023History
UTHRUnited Therapeutics CorpCOM14,010$3.14M1.0%History
STAAStaar Surgical CoCOM PAR $0.0133,196$2.12M0.7%History
URIUnited Rentals, Inc.COM4,721$1.87M0.6%History
GNRCGenerac Holdings Inc.Stock16,943$1.83M0.6%History
PYPLPayPal Holdings, Inc.Stock8,077$613.4K0.2%History
Vanguard Intermediate-Term Corporate Bond ETF92206C870ETF3,037$243.6K0.1%–
CCICrown Castle Inc.REIT1,695$226.8K0.1%History
MMM3M CoStock1,905$200.2K0.1%History