Covenant Partners 13F annual report
Covenant Partners is an investment fund managing more than $329 billion ran by Wendy Vasquez. There are currently 160 companies in Mrs. Vasquez’s portfolio. The largest investments include Ishares Tr and Microsoft, together worth $213 billion.
$329 billion Assets Under Management (AUM)
As of 29th July 2024, Covenant Partners’s top holding is 1,697,642 shares of Ishares Tr currently worth over $207 billion and making up 63.0% of the portfolio value.
In addition, the fund holds 12,326 shares of Microsoft worth $5.51 billion, whose value grew 0.7% in the past six months.
The third-largest holding is NVIDIA Corp worth $4.8 billion and the next is i3 Verticals Inc worth $4.1 billion, with 185,590 shares owned.
Currently, Covenant Partners's portfolio is worth at least $329 billion. 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 Partners
The Covenant Partners office and employees reside in Nashville, Tennessee. According to the last 13-F report filed with the SEC, Wendy Vasquez serves as the CCO at Covenant Partners.
Recent trades
In the most recent 13F filing, Covenant Partners revealed that it had opened a new position in
Taiwan Semiconductor Mfg Ltd and bought 3,189 shares worth $554 million.
The investment fund also strengthened its position in NVIDIA Corp by buying
34,965 additional shares.
This makes their stake in NVIDIA Corp total 38,850 shares worth $4.8 billion.
NVIDIA Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that Covenant Partners is getting rid of from its portfolio.
Covenant Partners closed its position in Us Bancorp Del on 5th August 2024.
It sold the previously owned 16,876 shares for $754 million.
Wendy Vasquez also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $207 billion and 1,697,642 shares.
One of the smaller hedge funds
The two most similar investment funds to Covenant Partners are Periscope Capital and Dorsey Wright & Associates. They manage $329 billion and $329 billion respectively.
Wendy Vasquez investment strategy
Covenant Partners’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 8.4% of
the total portfolio value.
The fund focuses on investments in the United States as
50.6% 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
59% of the total holdings value.
On the other hand, small-cap stocks make up only 1.3% of the portfolio.
The average market cap of the portfolio companies is close to $136 billion.
The complete list of Covenant Partners trades based on 13F SEC filings
These positions were updated on August 5th 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 |
|---|---|---|---|
| Ishares Tr |
6.25%
1,697,642
|
$207,220,950,000 | 62.99% |
| Microsoft Corporation |
No change
12,326
|
$5,509,106,000 | 1.67% |
| NVIDIA Corp |
900.00%
38,850
|
$4,799,529,000 | 1.46% |
| i3 Verticals Inc |
6.64%
185,590
|
$4,097,828,000 | 1.25% |
| Apple Inc |
2.36%
16,230
|
$3,418,363,000 | 1.04% |
| Amazon.com Inc. |
No change
14,409
|
$2,784,540,000 | 0.85% |
| Asml Holding N V |
0.93%
2,566
|
$2,624,326,000 | 0.80% |
| Novo-nordisk A S |
No change
17,396
|
$2,483,106,000 | 0.75% |
| Ferrari N.V. |
No change
4,764
|
$1,945,475,000 | 0.59% |
| Accenture Plc Ireland |
No change
6,222
|
$1,887,818,000 | 0.57% |
| Meta Platforms Inc |
No change
3,350
|
$1,689,137,000 | 0.51% |
| Ameriprise Finl Inc |
No change
3,882
|
$1,658,352,000 | 0.50% |
| Canadian Pacific Kansas City |
No change
20,591
|
$1,621,130,000 | 0.49% |
| Abbvie Inc |
No change
9,178
|
$1,574,211,000 | 0.48% |
| JPMorgan Chase & Co. |
No change
7,451
|
$1,507,040,000 | 0.46% |
| Home Depot, Inc. |
No change
4,368
|
$1,503,641,000 | 0.46% |
| Alphabet Inc |
No change
15,178
|
$2,773,617,000 | 0.84% |
| Merck & Co Inc |
No change
11,522
|
$1,426,424,000 | 0.43% |
| Paychex Inc. |
No change
11,943
|
$1,415,963,000 | 0.43% |
| Snap-on, Inc. |
No change
5,254
|
$1,373,344,000 | 0.42% |
| Gallagher Arthur J & Co |
No change
5,288
|
$1,371,232,000 | 0.42% |
| Visa Inc |
No change
5,122
|
$1,344,372,000 | 0.41% |
| Grainger W W Inc |
No change
1,302
|
$1,174,717,000 | 0.36% |
| Sap SE |
No change
5,763
|
$1,162,455,000 | 0.35% |
| Icon Plc |
No change
3,623
|
$1,135,702,000 | 0.35% |
| Spdr Ser Tr |
0.97%
21,746
|
$1,376,054,000 | 0.42% |
| Phillips 66 |
2.48%
8,014
|
$1,131,337,000 | 0.34% |
| Chevron Corp. |
No change
7,142
|
$1,117,152,000 | 0.34% |
| Unitedhealth Group Inc |
No change
2,178
|
$1,109,169,000 | 0.34% |
| Palo Alto Networks Inc |
No change
3,247
|
$1,100,766,000 | 0.33% |
| Steris Plc |
No change
4,999
|
$1,097,481,000 | 0.33% |
| Astrazeneca plc |
18.63%
13,924
|
$1,085,933,000 | 0.33% |
| Barclays plc |
0.30%
101,379
|
$1,085,770,000 | 0.33% |
| Lockheed Martin Corp. |
No change
2,315
|
$1,081,337,000 | 0.33% |
| Discover Finl Svcs |
No change
8,180
|
$1,070,026,000 | 0.33% |
| Blackrock Inc. |
No change
1,332
|
$1,048,711,000 | 0.32% |
| Union Pac Corp |
1.43%
4,265
|
$964,999,000 | 0.29% |
| Linde Plc. |
No change
2,178
|
$955,729,000 | 0.29% |
| Eli Lilly & Co |
No change
1,001
|
$906,286,000 | 0.28% |
| Arch Cap Group Ltd |
No change
8,784
|
$886,218,000 | 0.27% |
| RELX Plc |
No change
19,100
|
$876,308,000 | 0.27% |
| Koninklijke Philips N.V. |
3.41%
34,652
|
$873,231,000 | 0.27% |
| Abbott Labs |
No change
8,267
|
$859,024,000 | 0.26% |
| Pinnacle Finl Partners Inc |
No change
10,699
|
$856,348,000 | 0.26% |
| Netflix Inc. |
No change
1,268
|
$855,748,000 | 0.26% |
| Ferguson Plc New |
No change
4,418
|
$855,546,000 | 0.26% |
| ING Groep N.V. |
No change
49,131
|
$842,106,000 | 0.26% |
| Zoetis Inc |
No change
4,834
|
$838,023,000 | 0.25% |
| Novartis AG |
No change
7,542
|
$802,922,000 | 0.24% |
| Prologis Inc |
No change
7,147
|
$802,680,000 | 0.24% |
| Atlassian Corporation |
27.92%
4,442
|
$785,701,000 | 0.24% |
| Synopsys, Inc. |
No change
1,320
|
$785,480,000 | 0.24% |
| Us Bancorp Del |
Closed
16,876
|
$754,358,000 | |
| Thermo Fisher Scientific Inc. |
No change
1,329
|
$734,937,000 | 0.22% |
| Aon plc. |
No change
2,454
|
$720,446,000 | 0.22% |
| S&P Global Inc |
No change
1,581
|
$705,126,000 | 0.21% |
| Adobe Inc |
No change
1,245
|
$691,648,000 | 0.21% |
| Eaton Corp Plc |
No change
2,154
|
$675,387,000 | 0.21% |
| MercadoLibre Inc |
29.00%
399
|
$655,717,000 | 0.20% |
| NextEra Energy Inc |
No change
9,167
|
$649,116,000 | 0.20% |
| Procter And Gamble Co |
No change
3,820
|
$629,995,000 | 0.19% |
| Raymond James Finl Inc |
No change
5,093
|
$629,546,000 | 0.19% |
| Intuitive Surgical Inc |
No change
1,396
|
$621,011,000 | 0.19% |
| AMGEN Inc. |
0.85%
1,978
|
$618,027,000 | 0.19% |
| Progressive Corp. |
No change
2,935
|
$609,629,000 | 0.19% |
| BP plc |
16.65%
16,865
|
$608,827,000 | 0.19% |
| Pepsico Inc |
No change
3,671
|
$605,459,000 | 0.18% |
| Shell Plc |
0.29%
8,255
|
$595,846,000 | 0.18% |
| UBS Group AG |
102.17%
20,031
|
$591,716,000 | 0.18% |
| Monolithic Pwr Sys Inc |
No change
710
|
$583,393,000 | 0.18% |
| Microchip Technology, Inc. |
Closed
6,492
|
$582,398,000 | |
| Mettler-Toledo International, Inc. |
12.66%
414
|
$578,603,000 | 0.18% |
| Emcor Group, Inc. |
9.18%
1,582
|
$577,557,000 | 0.18% |
| Copart, Inc. |
No change
10,466
|
$566,839,000 | 0.17% |
| Icici Bank Limited |
2.57%
19,409
|
$559,174,000 | 0.17% |
| Taiwan Semiconductor Mfg Ltd |
Opened
3,189
|
$554,281,000 | 0.17% |
| Deckers Outdoor Corp. |
6.09%
571
|
$552,700,000 | 0.17% |
| Applied Matls Inc |
No change
2,324
|
$548,441,000 | 0.17% |
| Charles Riv Labs Intl Inc |
No change
2,587
|
$534,423,000 | 0.16% |
| Prudential plc |
137.30%
28,222
|
$517,028,000 | 0.16% |
| Verizon Communications Inc |
14.51%
12,522
|
$516,408,000 | 0.16% |
| Salesforce Inc |
No change
2,001
|
$514,458,000 | 0.16% |
| Resmed Inc. |
No change
2,655
|
$508,221,000 | 0.15% |
| Darden Restaurants, Inc. |
20.18%
3,315
|
$501,626,000 | 0.15% |
| Crane Co |
No change
3,456
|
$501,051,000 | 0.15% |
| Sumitomo Mitsui Finl Group I |
No change
37,262
|
$499,684,000 | 0.15% |
| Stryker Corp. |
No change
1,461
|
$497,106,000 | 0.15% |
| D.R. Horton Inc. |
No change
3,525
|
$496,779,000 | 0.15% |
| Ryanair Holdings Plc |
No change
4,262
|
$496,268,000 | 0.15% |
| Monster Beverage Corp. |
No change
9,904
|
$494,705,000 | 0.15% |
| Philip Morris International Inc |
9.06%
4,790
|
$485,371,000 | 0.15% |
| Equinix Inc |
No change
638
|
$482,711,000 | 0.15% |
| Nu Hldgs Ltd |
Opened
36,613
|
$471,942,000 | 0.14% |
| Royal Caribbean Group |
0.71%
2,934
|
$467,768,000 | 0.14% |
| Canadian Nat Res Ltd |
91.81%
12,711
|
$452,512,000 | 0.14% |
| Waste Connections Inc |
Closed
2,603
|
$447,743,000 | |
| Tjx Cos Inc New |
6.99%
4,034
|
$444,144,000 | 0.14% |
| Saia Inc. |
No change
921
|
$436,822,000 | 0.13% |
| Anheuser-Busch InBev SA/NV |
No change
7,406
|
$430,659,000 | 0.13% |
| Coupang, Inc. |
Opened
20,431
|
$428,030,000 | 0.13% |
| nVent Electric plc |
No change
5,519
|
$422,811,000 | 0.13% |
| GSK Plc |
12.55%
10,595
|
$407,908,000 | 0.12% |
| Booz Allen Hamilton Hldg Cor |
No change
2,638
|
$405,989,000 | 0.12% |
| Hologic, Inc. |
Opened
5,432
|
$403,326,000 | 0.12% |
| Flex Ltd |
No change
13,659
|
$402,804,000 | 0.12% |
| Entegris Inc |
No change
2,943
|
$398,483,000 | 0.12% |
| Monday Com Ltd |
0.73%
1,651
|
$397,495,000 | 0.12% |
| Takeda Pharmaceutical Co |
Closed
28,340
|
$393,643,000 | |
| Sps Comm Inc |
No change
2,086
|
$392,502,000 | 0.12% |
| Reinsurance Grp Of America I |
No change
1,905
|
$391,040,000 | 0.12% |
| Epam Sys Inc |
Closed
1,375
|
$379,720,000 | |
| Illinois Tool Wks Inc |
No change
1,577
|
$373,686,000 | 0.11% |
| Sanofi |
0.01%
7,685
|
$372,877,000 | 0.11% |
| ON Semiconductor Corp. |
7.50%
5,414
|
$371,130,000 | 0.11% |
| Bruker Corp |
Closed
3,902
|
$366,554,000 | |
| Advanced Micro Devices Inc. |
No change
2,244
|
$364,000,000 | 0.11% |
| Spotify Technology S.A. |
Opened
1,151
|
$361,173,000 | 0.11% |
| Factset Resh Sys Inc |
38.42%
883
|
$360,503,000 | 0.11% |
| Costco Whsl Corp New |
No change
420
|
$356,996,000 | 0.11% |
| Uber Technologies Inc |
No change
4,880
|
$354,679,000 | 0.11% |
| Intercontinental Exchange In |
No change
2,557
|
$350,028,000 | 0.11% |
| Workday Inc |
No change
1,541
|
$344,506,000 | 0.10% |
| Diageo plc |
Closed
2,277
|
$338,681,000 | |
| Thomson-Reuters Corp |
14.22%
1,991
|
$335,623,000 | 0.10% |
| Ulta Beauty Inc |
No change
862
|
$332,620,000 | 0.10% |
| Intuit Inc |
No change
504
|
$331,234,000 | 0.10% |
| Championx Corporation |
25.10%
9,849
|
$327,086,000 | 0.10% |
| Stifel Finl Corp |
No change
3,872
|
$325,829,000 | 0.10% |
| Qualys Inc |
No change
2,201
|
$313,863,000 | 0.10% |
| DoubleVerify Holdings, Inc. |
Closed
8,746
|
$307,510,000 | |
| AdaptHealth Corp. |
No change
30,271
|
$302,710,000 | 0.09% |
| Berkshire Hathaway Inc. |
No change
744
|
$302,660,000 | 0.09% |
| Pure Storage Inc |
Opened
4,708
|
$302,301,000 | 0.09% |
| Weatherford Intl Plc |
Opened
2,459
|
$301,105,000 | 0.09% |
| CSX Corp. |
No change
8,886
|
$297,237,000 | 0.09% |
| United Parcel Service, Inc. |
No change
2,156
|
$295,049,000 | 0.09% |
| Church & Dwight Co., Inc. |
No change
2,834
|
$293,830,000 | 0.09% |
| West Pharmaceutical Svsc Inc |
No change
883
|
$290,852,000 | 0.09% |
| Caseys Gen Stores Inc |
Opened
751
|
$286,552,000 | 0.09% |
| Starbucks Corp. |
9.69%
3,646
|
$283,842,000 | 0.09% |
| British Amern Tob Plc |
Closed
9,300
|
$283,650,000 | |
| TotalEnergies SE |
No change
4,081
|
$272,122,000 | 0.08% |
| Cummins Inc. |
No change
980
|
$271,392,000 | 0.08% |
| Pool Corporation |
No change
857
|
$263,382,000 | 0.08% |
| Cooper Cos Inc |
No change
2,972
|
$259,456,000 | 0.08% |
| Keysight Technologies Inc |
No change
1,863
|
$254,766,000 | 0.08% |
| Watts Water Technologies, Inc. |
Closed
1,198
|
$254,635,000 | |
| Take-two Interactive Softwar |
No change
1,632
|
$253,760,000 | 0.08% |
| NatWest Group plc |
0.00%
31,501
|
$252,954,000 | 0.08% |
| CBRE Group Inc |
No change
2,825
|
$251,736,000 | 0.08% |
| Penumbra Inc |
Opened
1,392
|
$250,519,000 | 0.08% |
| Laboratory Corp Amer Hldgs |
Closed
1,145
|
$250,137,000 | |
| Alcon Ag |
No change
2,802
|
$249,603,000 | 0.08% |
| Hess Corporation |
No change
1,680
|
$247,834,000 | 0.08% |
| Fabrinet |
10.80%
1,008
|
$246,749,000 | 0.08% |
| Sherwin-Williams Co. |
Closed
704
|
$244,521,000 | |
| Tesla Inc |
Opened
1,206
|
$238,644,000 | 0.07% |
| Popular Inc. |
No change
2,693
|
$238,142,000 | 0.07% |
| Akamai Technologies Inc |
Closed
2,163
|
$235,248,000 | |
| Labcorp Holdings Inc. |
Opened
1,145
|
$233,019,000 | 0.07% |
| Bath & Body Works Inc |
Closed
4,632
|
$231,693,000 | |
| GATX Corp. |
No change
1,730
|
$228,983,000 | 0.07% |
| Avery Dennison Corp. |
2.07%
1,041
|
$227,615,000 | 0.07% |
| RTX Corp |
No change
2,235
|
$224,372,000 | 0.07% |
| Willscot Mobil Mini Hldng Co |
Closed
4,802
|
$223,293,000 | |
| Oneok Inc. |
1.05%
2,728
|
$222,469,000 | 0.07% |
| Ensign Group Inc |
No change
1,786
|
$220,911,000 | 0.07% |
| Vornado Rlty Tr |
Closed
7,600
|
$218,652,000 | |
| Sysco Corp. |
Closed
2,689
|
$218,294,000 | |
| Masco Corp. |
No change
3,238
|
$215,878,000 | 0.07% |
| Disney Walt Co |
Closed
1,757
|
$214,987,000 | |
| Bjs Whsl Club Hldgs Inc |
Closed
2,839
|
$214,771,000 | |
| Huntington Ingalls Inds Inc |
Closed
732
|
$213,357,000 | |
| Brown & Brown, Inc. |
12.07%
2,383
|
$213,065,000 | 0.06% |
| NOV Inc |
Closed
10,807
|
$210,953,000 | |
| Webster Finl Corp |
Closed
4,146
|
$210,493,000 | |
| Scotts Miracle-Gro Company |
Closed
2,799
|
$208,778,000 | |
| Old Natl Bancorp Ind |
Opened
12,095
|
$207,914,000 | 0.06% |
| Valvoline Inc |
28.93%
4,742
|
$204,855,000 | 0.06% |
| Paycom Software Inc |
Closed
1,025
|
$203,986,000 | |
| Teledyne Technologies Inc |
No change
518
|
$200,974,000 | 0.06% |
| Banco Bilbao Vizcaya Argenta |
No change
16,895
|
$169,457,000 | 0.05% |
| Banco Bradesco S.A. |
Closed
57,393
|
$164,144,000 | |
| Cushman Wakefield Plc |
Closed
11,256
|
$117,738,000 | |
| Southwestern Energy Company |
1.07%
13,131
|
$88,372,000 | 0.03% |
| Ishares Tr |
Opened
32
|
$1,452,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 186 holdings | |||
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