COVENANT ASSET MANAGEMENT LLC
Q1 2026 Form 13-F
CHESTER, NEW JERSEY
CIK 0001697717
· CRD 108567
· SEC-registered investment adviser
$664.2M Reported Value Total
COVENANT ASSET MANAGEMENT, LLC reports 665 total accounts under management (AUM). There are 665 discretionary accounts valued at $692,597,497, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Source: Form ADV filed 2026-03-19
Reported value
$664.2M
Quarter over quarter
-5.5%
Holdings
141
Top-10 concentration
33.8%
Key People
Form ADV owners & control persons
John C. Guarino
PRESIDENT AND CEO
William J. Cunliffe
CHIEF COMPLIANCE OFFICER AND PORTFOLIO MANAGER
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Q1 2026 13F record
Q1 2026 13F filing summary
| Period of report | March 31, 2026 |
|---|---|
| Filed | April 14, 2026 |
| Form | 13F-HR |
| Reported value | $664.2M |
| Positions | 141 |
| Change in reported value | -21.3% |
| New positions | 12 |
| Exited positions | 11 |
| Position turnover | 15.1% |
| Top-10 concentration | 33.8% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q3 2026 13F
Filed Oct 14, 2026
|
147 | $746.1M |
|
Q2 2026 13F
Filed Jul 20, 2026
|
145 | $594.6M |
|
Q1 2026 13F
Filed Apr 14, 2026
|
141 | $664.2M |
|
Q4 2025 13F
Filed Jan 30, 2026
|
140 | $844.4M |
|
Q3 2025 13F
Filed Oct 30, 2025
|
141 | $884.7M |
|
Q2 2025 13F
Filed Jul 17, 2025
|
140 | $676.6M |
|
Q1 2025 13F
Filed May 5, 2025
|
134 | $454.1M |
|
Q4 2024 13F
Filed Jan 30, 2025
|
136 | $651.6M |
|
Q3 2024 13F
Filed Nov 12, 2024
|
141 | $636.0M |
|
Q2 2024 13F
Filed Aug 2, 2024
|
142 | $628.7M |
|
Q1 2024 13F
Filed Apr 23, 2024
|
134 | $609.7M |
|
Q4 2023 13F
Filed Jan 22, 2024
|
136 | $556.6M |
|
Q3 2023 13F
Filed Oct 31, 2023
|
136 | $379.3M |
|
Q2 2023 13F
Filed Jul 12, 2023
|
136 | $394.1M |
|
Q1 2023 13F
Filed Apr 27, 2023
|
143 | $420.3M |
|
Q4 2022 13F
Filed Jan 24, 2023
|
142 | $418.9M |
|
Q3 2022 13F
Filed Nov 3, 2022
|
130 | $350.8M |
|
Q2 2022 13F
Filed Jul 21, 2022
|
133 | $314.8M |
|
Q1 2022 13F
Filed Apr 29, 2022
|
135 | $370.2M |
|
Q4 2021 13F
Filed Jan 26, 2022
|
131 | $376.3M |
20 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q1 2026
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | NVDA NVIDIA CORPORATION | $43.0M | 6.47% |
| 2 | MPWR P MONOLITHIC PWR SYS INC | $25.7M | 3.87% |
| 3 | MSFT MICROSOFT CORP | $24.7M | 3.72% |
| 4 | QQQ P INVESCO QQQ TR | $24.5M | 3.69% |
| 5 | AAPL APPLE INC | $21.1M | 3.18% |
| 6 | ASML P ASML HLDG NV | $19.8M | 2.98% |
| 7 | QQQ C INVESCO QQQ TR | $17.3M | 2.61% |
| 8 | AVGO BROADCOM INC | $17.2M | 2.59% |
| 9 | AMZN AMAZON COM INC | $16.2M | 2.44% |
| 10 | GEV GE VERNOVA INC | $14.7M | 2.22% |
| 11 | PWR QUANTA SVCS INC | $13.9M | 2.1% |
| 12 | GOOGL ALPHABET INC | $12.7M | 1.91% |
| 13 | META META PLATFORMS INC | $11.4M | 1.72% |
| 14 | HWM HOWMET AEROSPACE INC | $11.2M | 1.69% |
| 15 | SHOP SHOPIFY INC | $11.1M | 1.67% |
| 16 | ASML ASML HLDG NV | $11.0M | 1.66% |
| 17 | KLAC KLA CORP | $11.0M | 1.65% |
| 18 | COST P COSTCO WHOLESALE CORPORATION | $10.0M | 1.5% |
| 19 | NFLX NETFLIX INC. | $9.9M | 1.5% |
| 20 | LLY P ELI LILLY & CO | $9.2M | 1.38% |
Values as reported on the Q1 2026 Form 13F. Every position is in the holdings table below.