Covenant Multifamily Offices 13F annual report

Covenant Multifamily Offices is an investment fund managing more than $552 million ran by Kristina Craig. There are currently 191 companies in Mrs. Craig’s portfolio. The largest investments include Vanguard Specialized Funds and AT&T, together worth $128 million.

Limited to 30 biggest holdings

$552 million Assets Under Management (AUM)

As of 14th October 2021, Covenant Multifamily Offices’s top holding is 416,593 shares of Vanguard Specialized Funds currently worth over $64.7 million and making up 11.7% of the portfolio value. In addition, the fund holds 2,318,942 shares of AT&T worth $63.4 million, whose value grew 1.7% in the past six months. The third-largest holding is Texas Instrs Inc worth $39.4 million and the next is Ishares Tr worth $107 million, with 596,485 shares owned.

Currently, Covenant Multifamily Offices's portfolio is worth at least $552 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Covenant Multifamily Offices

The Covenant Multifamily Offices office and employees reside in San Antonio, Texas. According to the last 13-F report filed with the SEC, Kristina Craig serves as the Chief Financial Officer at Covenant Multifamily Offices.

Recent trades

In the most recent 13F filing, Covenant Multifamily Offices revealed that it had opened a new position in General Electric Co and bought 7,163 shares worth $751 thousand. This means they effectively own approximately 0.1% of the company. General Electric Co makes up 8.1% of the fund's Industrials sector allocation and has grown its share price by 1348.1% in the past year.

The investment fund also strengthened its position in Vanguard Specialized Funds by buying 4,754 additional shares. This makes their stake in Vanguard Specialized Funds total 416,593 shares worth $64.7 million.

On the other hand, there are companies that Covenant Multifamily Offices is getting rid of from its portfolio. Covenant Multifamily Offices closed its position in Ishares Tr on 21st October 2021. It sold the previously owned 33,315 shares for $1.47 million. Kristina Craig also disclosed a decreased stake in AT&T by approximately 0.1%. This leaves the value of the investment at $63.4 million and 2,318,942 shares.

One of the average hedge funds

The two most similar investment funds to Covenant Multifamily Offices are Stelac Advisory Services and Kathmere Capital Management. They manage $552 million and $551 million respectively.


Kristina Craig investment strategy

Covenant Multifamily Offices’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Communication Services — making up 12.5% of the total portfolio value. The fund focuses on investments in the United States as 53.4% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 50% of the total holdings value. On the other hand, small-cap stocks make up only 2.6% of the portfolio. The average market cap of the portfolio companies is close to $197 billion.

The complete list of Covenant Multifamily Offices trades based on 13F SEC filings

These positions were updated on October 21st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Vanguard Specialized Funds
1.15%
416,593
$64,684,000 11.73%
AT&T Inc.
6.62%
2,318,942
$63,423,000 11.50%
Texas Instrs Inc
0.00%
203,294
$39,415,000 7.15%
Ishares Tr
1.37%
596,485
$107,071,000 19.41%
Select Sector Spdr Tr
30.05%
482,753
$19,121,000 3.47%
Schwab Strategic Tr
14.01%
526,518
$26,215,000 4.75%
Goldman Sachs Etf Tr
16.90%
347,994
$15,441,000 2.80%
Spdr S&p 500 Etf Tr
0.58%
22,443
$9,720,000 1.76%
Vanguard Tax-managed Intl Fd
23.87%
178,004
$8,982,000 1.63%
Apple Inc
0.63%
61,007
$8,609,000 1.56%
Microsoft Corporation
5.92%
20,381
$5,885,000 1.07%
Spdr Gold Tr
212.86%
33,401
$5,497,000 1.00%
Exxon Mobil Corp.
3.74%
86,651
$5,339,000 0.97%
Valero Energy Corp.
0.41%
60,169
$4,471,000 0.81%
International Business Machs
2.39%
24,862
$3,559,000 0.65%
Amazon.com Inc.
2.16%
1,041
$3,353,000 0.61%
Home Depot, Inc.
0.88%
10,035
$3,306,000 0.60%
Abbvie Inc
3.58%
30,152
$3,302,000 0.60%
Ameriprise Finl Inc
6.09%
11,584
$3,162,000 0.57%
Morgan Stanley
No change
31,159
$3,091,000 0.56%
Walgreens Boots Alliance Inc
2.66%
65,060
$3,064,000 0.56%
General Mtrs Co
4.05%
55,867
$3,036,000 0.55%
Pfizer Inc.
5.70%
68,081
$2,881,000 0.52%
HP Inc
0.59%
101,636
$2,876,000 0.52%
Verizon Communications Inc
10.33%
52,668
$2,871,000 0.52%
CVS Health Corp
3.20%
30,357
$2,539,000 0.46%
Fs Kkr Cap Corp
19.13%
109,837
$2,468,000 0.45%
Principal Financial Group In
0.97%
35,145
$2,342,000 0.42%
Blackrock Inc.
0.37%
2,686
$2,253,000 0.41%
Ford Mtr Co Del
1.29%
155,532
$2,223,000 0.40%
Corning, Inc.
12.78%
58,645
$2,164,000 0.39%
Vanguard Index Fds
46.96%
27,868
$6,553,000 1.19%
Intel Corp.
3.54%
38,804
$2,093,000 0.38%
Spdr Ser Tr
8.18%
60,801
$4,229,000 0.77%
Best Buy Co. Inc.
1.86%
19,578
$2,083,000 0.38%
Barclays Bank PLC
2.46%
67,727
$2,052,000 0.37%
Genuine Parts Co.
2.72%
16,214
$2,005,000 0.36%
Schlumberger Ltd.
7.14%
65,402
$2,001,000 0.36%
Reinsurance Grp Of America I
No change
16,227
$1,908,000 0.35%
Qualcomm, Inc.
0.26%
14,806
$1,888,000 0.34%
Gilead Sciences, Inc.
6.74%
27,368
$1,845,000 0.33%
Eog Res Inc
18.31%
20,644
$1,798,000 0.33%
Prudential Finl Inc
12.01%
16,616
$1,797,000 0.33%
JPMorgan Chase & Co.
2.56%
10,574
$1,783,000 0.32%
Ishares Inc
0.76%
57,627
$3,156,000 0.57%
Martin Marietta Matls Inc
No change
4,962
$1,727,000 0.31%
Mondelez International Inc.
0.49%
29,275
$1,722,000 0.31%
Dow Inc
0.70%
27,773
$1,641,000 0.30%
Merck & Co Inc
8.16%
19,752
$1,612,000 0.29%
3M Co.
0.69%
8,955
$1,593,000 0.29%
Cisco Sys Inc
2.85%
28,279
$1,547,000 0.28%
Vulcan Matls Co
No change
8,721
$1,476,000 0.27%
Ishares Tr
Closed
33,315
$1,474,000
Vanguard Whitehall Fds
1.01%
18,372
$1,428,000 0.26%
Adobe Systems Incorporated
2.30%
2,450
$1,388,000 0.25%
Paccar Inc.
0.39%
16,839
$1,378,000 0.25%
Parker-Hannifin Corp.
0.33%
4,591
$1,340,000 0.24%
Invesco Exchange Traded Fd T
No change
13,797
$1,337,000 0.24%
Kinder Morgan Inc
10.07%
78,896
$1,335,000 0.24%
Activision Blizzard Inc
5.43%
17,363
$1,333,000 0.24%
Chevron Corp.
1.54%
11,729
$1,242,000 0.23%
AMGEN Inc.
13.99%
5,663
$1,200,000 0.22%
Alphabet Inc
5.39%
587
$1,597,000 0.29%
Altria Group Inc.
40.55%
24,565
$1,134,000 0.21%
Independent Bank Group Inc
No change
15,292
$1,115,000 0.20%
Bk Of America Corp
10.18%
24,340
$1,076,000 0.20%
Adient plc
No change
24,998
$1,062,000 0.19%
Johnson & Johnson
0.86%
6,553
$1,046,000 0.19%
Berkshire Hathaway Inc.
6.85%
3,743
$1,041,000 0.19%
Manulife Finl Corp
16.96%
50,095
$982,000 0.18%
Bristol-Myers Squibb Co.
7.83%
16,003
$947,000 0.17%
Lowes Cos Inc
0.07%
4,372
$893,000 0.16%
Blackstone Inc
6.19%
7,702
$884,000 0.16%
Accenture Plc Ireland
0.37%
2,661
$865,000 0.16%
Unitedhealth Group Inc
5.70%
2,134
$840,000 0.15%
Energy Transfer L P
No change
85,068
$839,000 0.15%
Lam Research Corp.
6.10%
1,508
$838,000 0.15%
Facebook Inc
6.17%
2,510
$836,000 0.15%
Southwest Airls Co
0.40%
15,028
$819,000 0.15%
Visa Inc
1.90%
3,587
$804,000 0.15%
Fidelity Covington Trust
No change
16,045
$803,000 0.15%
General Electric Co.
Closed
57,593
$775,000
Unum Group
69.20%
28,616
$763,000 0.14%
General Electric Co.
Opened
7,163
$751,000 0.14%
Walmart Inc
9.59%
5,476
$748,000 0.14%
T-Mobile US Inc
11.12%
5,937
$744,000 0.13%
Mastercard Incorporated
0.74%
2,148
$737,000 0.13%
Lockheed Martin Corp.
3.98%
2,089
$726,000 0.13%
Nucor Corp.
19.52%
6,706
$662,000 0.12%
Amdocs Ltd
No change
8,389
$644,000 0.12%
United States Stl Corp New
No change
28,200
$633,000 0.11%
Dish Network Corporation
2.08%
13,833
$625,000 0.11%
Crown Castle Intl Corp New
No change
3,611
$623,000 0.11%
Broadcom Inc.
26.70%
1,282
$622,000 0.11%
Aflac Inc.
18.62%
11,639
$622,000 0.11%
Prologis Inc
1.81%
4,873
$616,000 0.11%
General Dynamics Corp.
3.16%
3,091
$613,000 0.11%
Disney Walt Co
17.80%
3,475
$607,000 0.11%
Oracle Corp.
32.54%
6,517
$596,000 0.11%
Mcdonalds Corp
20.48%
2,424
$595,000 0.11%
Edwards Lifesciences Corp
0.19%
5,280
$575,000 0.10%
Cintas Corporation
0.69%
1,447
$567,000 0.10%
TransUnion
0.20%
4,925
$565,000 0.10%
Viacomcbs Inc
13.05%
13,923
$551,000 0.10%
Comerica, Inc.
0.02%
6,386
$537,000 0.10%
Comcast Corp New
24.78%
9,438
$536,000 0.10%
BP plc
1.54%
18,869
$536,000 0.10%
American Elec Pwr Co Inc
No change
6,348
$527,000 0.10%
Medtronic Plc
37.82%
4,174
$525,000 0.10%
State Str Corp
40.29%
5,857
$520,000 0.09%
American Tower Corp.
0.56%
1,960
$519,000 0.09%
Cullen Frost Bankers Inc.
11.01%
4,233
$515,000 0.09%
Procter And Gamble Co
15.42%
3,675
$512,000 0.09%
Whirlpool Corp.
24.95%
2,506
$511,000 0.09%
Pepsico Inc
23.71%
3,277
$495,000 0.09%
Delta Air Lines, Inc.
0.02%
10,942
$490,000 0.09%
APA Corporation
No change
21,900
$486,000 0.09%
Intuitive Surgical Inc
200.00%
1,428
$471,000 0.09%
PayPal Holdings Inc
13.18%
1,759
$458,000 0.08%
Main Str Cap Corp
2.35%
10,882
$452,000 0.08%
International Paper Co.
9.60%
8,016
$436,000 0.08%
Ishares Tr
Opened
5,310
$743,000 0.13%
Paychex Inc.
1.51%
3,635
$425,000 0.08%
Alkami Technology Inc
Opened
16,464
$417,000 0.08%
Watsco Inc.
No change
1,532
$412,000 0.07%
CyrusOne Inc
5.56%
5,185
$396,000 0.07%
American Express Co.
40.64%
2,194
$383,000 0.07%
Granite Pt Mtg Tr Inc
Closed
25,500
$376,000
Costco Whsl Corp New
1.18%
835
$373,000 0.07%
GoPro Inc.
Closed
31,459
$366,000
Kroger Co.
No change
9,089
$362,000 0.07%
Vanguard Scottsdale Fds
No change
7,926
$647,000 0.12%
Equinix Inc
0.63%
472
$359,000 0.07%
Tesla Inc
3.61%
459
$358,000 0.06%
Devon Energy Corp.
8.51%
8,927
$358,000 0.06%
Alibaba Group Hldg Ltd
6.31%
2,410
$345,000 0.06%
Franklin Resources, Inc.
10.18%
11,165
$337,000 0.06%
PRA Health Sciences Inc
Closed
2,029
$335,000
Target Corp
0.07%
1,461
$332,000 0.06%
Raytheon Technologies Corporation
1.43%
3,727
$331,000 0.06%
Nordstrom, Inc.
6.89%
12,159
$326,000 0.06%
First Tr Exchange Traded Fd
No change
6,430
$315,000 0.06%
MSCI Inc
4.34%
505
$304,000 0.06%
Automatic Data Processing In
No change
1,481
$302,000 0.05%
Nordic American Tankers Limi
0.43%
108,775
$295,000 0.05%
Texas Cap Bancshares Inc
No change
4,733
$294,000 0.05%
Applied Matls Inc
8.05%
2,281
$292,000 0.05%
Conocophillips
5.32%
3,962
$284,000 0.05%
Continental Res Inc
0.52%
5,520
$279,000 0.05%
Salesforce.Com Inc
20.23%
1,028
$279,000 0.05%
Nike, Inc.
8.30%
1,827
$273,000 0.05%
Coca-Cola Co
Opened
5,118
$272,000 0.05%
Vanguard Index Fds
Opened
1,853
$264,000 0.05%
Invesco Db Us Dlr Index Tr
No change
10,300
$260,000 0.05%
Lilly Eli & Co
No change
1,124
$260,000 0.05%
Autozone Inc.
No change
157
$259,000 0.05%
Sap SE
0.62%
1,920
$256,000 0.05%
SBA Communications Corp
5.62%
772
$255,000 0.05%
Citigroup Inc
11.94%
3,469
$252,000 0.05%
Alpha Architect Etf Tr
0.03%
7,731
$252,000 0.05%
First Solar Inc
No change
2,627
$251,000 0.05%
Abbott Labs
Opened
2,168
$251,000 0.05%
Sherwin-Williams Co.
12.99%
851
$248,000 0.04%
Thermo Fisher Scientific Inc.
No change
422
$241,000 0.04%
NVIDIA Corp
266.98%
1,178
$241,000 0.04%
Moodys Corp
No change
677
$241,000 0.04%
Carrier Global Corporation
3.90%
4,505
$238,000 0.04%
Us Bancorp Del
No change
3,827
$235,000 0.04%
Innovator Etfs Tr
No change
7,580
$234,000 0.04%
Honeywell International Inc
Opened
1,078
$233,000 0.04%
Horizon Therapeutics Pub L
Opened
2,049
$233,000 0.04%
Quest Diagnostics, Inc.
Opened
1,622
$229,000 0.04%
Select Sector Spdr Tr
Opened
4,129
$227,000 0.04%
Wisdomtree Tr
No change
1,897
$226,000 0.04%
Innovative Indl Pptys Inc
28.82%
978
$224,000 0.04%
NextEra Energy Inc
3.01%
2,771
$220,000 0.04%
Invitation Homes Inc
9.23%
5,637
$217,000 0.04%
Enbridge Inc
No change
5,391
$217,000 0.04%
Enterprise Prods Partners L
6.84%
9,366
$216,000 0.04%
Camden Ppty Tr
Opened
1,423
$215,000 0.04%
Proshares Tr
Closed
3,364
$214,000
Pulte Group Inc
No change
4,596
$214,000 0.04%
Linde Plc
0.56%
713
$212,000 0.04%
Schwab Strategic Tr
Closed
3,821
$209,000
Ecolab, Inc.
Opened
968
$208,000 0.04%
Cigna Corp.
Closed
876
$208,000
Welltower Inc
No change
2,546
$208,000 0.04%
Proshares Tr
No change
14,607
$405,000 0.07%
Vanguard Intl Equity Index F
Closed
3,816
$207,000
Starbucks Corp.
Opened
1,855
$206,000 0.04%
Intuit Inc
Opened
385
$205,000 0.04%
Ishares Inc
Closed
4,481
$202,000
Tjx Cos Inc New
2.06%
3,092
$201,000 0.04%
Bank New York Mellon Corp
Opened
3,676
$200,000 0.04%
Graniteshares Gold Tr
No change
11,233
$196,000 0.04%
Owl Rock Capital Corp
15.71%
11,918
$169,000 0.03%
F.N.B. Corp.
No change
13,605
$162,000 0.03%
Ase Technology Hldg Co Ltd
14.28%
16,672
$122,000 0.02%
Enel Chile S.A.
No change
10,151
$24,000 0.00%
Fury Gold Mines Limited
No change
24,322
$15,000 0.00%
Northern Dynasty Minerals Lt
29.29%
19,800
$9,000 0.00%
No transactions found
Showing first 500 out of 201 holdings