Covenant Asset Management, LLC
•CIK: 1697717•Filing: Q4 2025
**Covenant Asset Management, LLC** manages $627M across a portfolio of 141 positions, exhibiting a concentrated, technology-forward mandate. Key allocations include a substantial $79.3M in Booking Holdings (BKNG) and $61.4M in Nasdaq-100 tracking instruments (NDQ). The fund maintains significant exposure to semiconductor and enterprise technology leaders, notably NVDA ($47.6M), MSFT ($33.0M), and KLAC ($30.4M). This positioning suggests a strategic focus on high-growth, market-leading technology sectors.
Total AUM
$417.1M
QoQ Performance
+3.1%
Positions
114
Top 10 Concentration
44.1%
Latest Filing
Q4 2025
Top Holdings Allocation
NVDA
MSFT
AAPL
NVDA11.4%
MSFT7.9%
AAPL5.2%
SHOP3.7%
META3.1%
ANET2.6%
GEV2.6%
PWR2.5%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other47.9%
Technology30.2%
Healthcare6.5%
Financial5.7%
Industrial2.7%
Communication2.5%
ETF2.2%
Consumer1.9%
🚪 Exited Positionssold since Q3 2025
+13 more exited positions
Changes from Q3 2025
NEW14 new positions
↑38 increased
↓48 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023