Covenant Partners, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 30, 2024), Covenant Partners, LLC reported 190 stock positions worth $343.1 million. Its top holding was iShares Russell 1000 Growth (IWF) at 14.8% of the portfolio, followed by iShares MSCI Eafe Value ETF (EFV, 9.6%) and iShares MSCI Eafe Growth ETF (EFG, 7.8%). Compared with Q4 2023, it opened 23 new positions, sold out of 19, added to 14 and reduced 84. The biggest buy was iShares Russell 1000 Growth (IWF, shares +80%) and the biggest sale iShares MSCI Eafe Value ETF (EFV, shares −8%).

Most Recent 13F
Q2 2026
Location
Nashville, TN
CIK
0001302739
Portfolio Value
$343.1M (Q1 2024)
SEC Filing
0001398344-24-008260 ↗ filed Apr 30, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $343.1M $343.1M Q1 2024 Q2 2024: $329.0M Q2 2024 Q3 2024: $343.6M Q3 2024 Q4 2024: $324.5M Q4 2024 Q1 2025: $309.0M Q1 2025 Q2 2025: $335.0M Q2 2025 Q3 2025: $352.8M Q3 2025 Q4 2025: $342.0M Q4 2025 Q1 2026: $0 Q1 2026 Q2 2026: $0 Q2 2026

Holdings 190 stocks · $343.1M
IWF iShares Russell 1000 Growth 14.76% 150,211 $50.6M Add +80.2%
EFV iShares MSCI Eafe Value ETF 9.58% 604,203 $32.9M Reduce -8.4%
EFG iShares MSCI Eafe Growth ETF 7.79% 257,381 $26.7M Reduce -6.5%
IWD iShares Russell 1000 Value E 7.15% 136,936 $24.5M Reduce -0.1%
IWS iShares Russell Mid-Cap Valu 7.07% 193,434 $24.2M Reduce -4.7%
IWO iShares Russell 2000 Growth 5.14% 65,099 $17.6M Reduce -5.1%
IWN iShares Russell 2000 Value E 5.07% 109,497 $17.4M Reduce -4.7%
IJS iShares S&P Small-Cap 600 Va 3.19% 106,505 $10.9M Reduce -0.6%
SCZ iShares MSCI Eafe Small-Cap 2.69% 145,544 $9.2M Reduce -4.4%
MSFT Microsoft Corp. 1.51% 12,326 $5.2M No change
IIIV I3 Verticals Inc. Class A 1.16% 174,041 $4.0M Reduce -33.3%
NVDA Nvidia Corp. 1.02% 3,885 $3.5M Reduce -25.3%
AAPL Apple Inc. 0.79% 15,856 $2.7M Reduce -24.8%
AMZN Amazon.com Inc. 0.76% 14,409 $2.6M Reduce -9.3%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.75% 32,997 $2.6M Add +0.1%
ASML ASML Holding NV-NY Reg SHS 0.73% 2,590 $2.5M Reduce -18.0%
NVO Novo-Nordisk A/S-Spons ADR 0.65% 17,396 $2.2M No change
ACN Accenture PLC Class A 0.63% 6,222 $2.2M No change
RACE Ferrari NV 0.61% 4,764 $2.1M No change
CP Canadian Pacific Kansas City 0.53% 20,591 $1.8M No change
AMP Ameriprise Financial Inc. 0.50% 3,882 $1.7M No change
HD Home Depot Inc. 0.49% 4,368 $1.7M No change
ABBV Abbvie Inc. 0.49% 9,178 $1.7M No change
META Meta Platforms Inc. Class A 0.47% 3,350 $1.6M Reduce -14.4%
SNA Snap-on Inc. 0.45% 5,254 $1.6M No change
MRK Merck & Co. Inc. 0.44% 11,522 $1.5M No change
JPM JPMorgan Chase & Co. 0.43% 7,451 $1.5M No change
PAYX Paychex Inc. 0.43% 11,943 $1.5M No change
V Visa Inc. Class A 0.42% 5,122 $1.4M Reduce -13.9%
PSX Phillips 66 0.39% 8,218 $1.3M No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.39% 1,302 $1.3M Reduce -1.4%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.39% 5,288 $1.3M No change
GOOGL Alphabet Inc. Class A 0.36% 8,136 $1.2M No change
ICLR Icon PLC 0.35% 3,623 $1.2M Reduce -19.0%
TEAM Atlassian Corp. Class A 0.35% 6,163 $1.2M Reduce -12.5%
JNK SS SPDR BB High Yield Bond 0.34% 12,180 $1.2M Add +0.3%
CVX Chevron Corp. 0.33% 7,142 $1.1M Reduce -0.6%
SAP Sap SE-Sponsored ADR 0.33% 5,763 $1.1M Reduce -29.6%
STE Steris PLC 0.33% 4,999 $1.1M No change
BLK BlackRock Finance Inc. 0.32% 1,332 $1.1M No change
UNH Unitedhealth Group Inc. 0.31% 2,178 $1.1M Reduce -20.1%
DFS Discover Financial Services 0.31% 8,180 $1.1M No change
GOOG Alphabet Inc. Class C 0.31% 7,042 $1.1M No change
UNP Union Pacific Corp. 0.31% 4,327 $1.1M No change
LMT Lockheed Martin Corp. 0.31% 2,315 $1.1M Reduce -0.9%
LIN Linde PLC 0.29% 2,178 $1.0M No change
FERG Ferguson Jersey Ltd. 0.28% 4,418 $965K No change
BCS Barclays PLC-Spons ADR 0.28% 101,683 $961K Add +29.4%
ABT Abbott Laboratories 0.27% 8,267 $940K No change
PLD Prologis Inc. 0.27% 7,147 $931K No change
PANW Palo Alto Networks Inc. 0.27% 3,247 $923K Reduce -19.9%
PNFP Pinnacle Financial Partners 0.27% 10,699 $919K No change
MELI MercadoLibre Inc. 0.25% 562 $850K Reduce -25.2%
RELX Relx PLC - Spon ADR 0.24% 19,100 $827K Reduce -13.0%
AON Aon PLC Class A 0.24% 2,454 $819K No change
ZTS Zoetis Inc. 0.24% 4,834 $818K Reduce -3.0%
ACGL Arch Capital Group Ltd. 0.24% 8,784 $812K No change
ING ING Groep N.V.-Sponsored ADR 0.24% 49,131 $810K Reduce -4.8%
AZN Astrazeneca PLC-Spons ADR 0.23% 11,737 $795K Add +0.3%
LLY Eli Lilly & Co. 0.23% 1,001 $779K Reduce -0.2%
TMO Thermo Fisher Scientific Inc. 0.23% 1,329 $772K No change
NFLX Netflix Inc. 0.22% 1,268 $770K Reduce -42.5%
BP BP PLC-Spons ADR 0.22% 20,234 $762K Add +82.6%
SNPS Synopsys Inc. 0.22% 1,320 $754K No change
USB US Bancorp 0.22% 16,876 $754K Add +22.4%
NVS Novartis AG-Sponsored ADR 0.21% 7,542 $730K Reduce -3.9%
CRL Charles River Laboratories 0.20% 2,587 $701K Reduce -2.5%
DRI Darden Restaurants Inc. 0.20% 4,153 $694K Reduce -1.3%
ETN Eaton Corp. PLC 0.20% 2,154 $674K Reduce -32.9%
SPGI S&P Global Inc. 0.20% 1,581 $673K Reduce -8.9%
PHG Koninklijke Philips NVR- NY 0.20% 33,508 $670K No change
RJF Raymond James Financial Inc. 0.19% 5,093 $654K No change
FDS Factset Research Systems Inc. 0.19% 1,434 $652K No change
PEP Pepsico Inc. 0.19% 3,671 $642K Reduce -8.3%
MTD Mettler-Toledo International 0.18% 474 $631K Reduce -46.7%
ADBE Adobe Inc. 0.18% 1,245 $628K Reduce -1.9%
RYAAY Ryanair Holdings PLC-SP ADR 0.18% 4,262 $621K Reduce -48.7%
PG The Procter & Gamble Co. 0.18% 3,820 $620K No change
VZ Verizon Communications Inc. 0.18% 14,647 $615K No change
EME Emcor Group Inc. 0.18% 1,742 $610K Reduce -8.6%
PGR Progressive Corp. 0.18% 2,935 $607K Reduce -4.1%
CPRT Copart Inc. 0.18% 10,466 $606K No change
CRM Salesforce Inc. 0.18% 2,001 $603K Reduce -22.3%
MNST Monster Beverage Corp. 0.17% 9,904 $587K No change
NEE Nextera Energy Inc. 0.17% 9,167 $586K No change
MCHP Microchip Technology Inc. 0.17% 6,492 $582K New
DHI D.R. Horton Inc. 0.17% 3,525 $580K Reduce -23.6%
DECK Deckers Outdoor Corp. 0.17% 608 $572K Reduce -28.1%
AMGN Amgen Inc. 0.17% 1,995 $567K No change
ISRG Intuitive Surgical Inc. 0.16% 1,396 $557K Reduce -11.5%
SHEL Shell PLC-ADR 0.16% 8,231 $552K Add +23.4%
SAIA Saia Inc. 0.16% 921 $539K Reduce -16.3%
EQIX Equinix Inc. 0.15% 638 $527K No change
IBN Icici Bank Ltd.-Spon ADR 0.15% 19,921 $526K Add +54.0%
RMD Resmed Inc. 0.15% 2,655 $526K Reduce -43.1%
SYK Stryker Corp. 0.15% 1,461 $523K Reduce -4.3%
CNQ Canadian Natural Resources 0.15% 6,627 $506K Add +99.5%
PM Philip Morris International 0.14% 5,267 $483K Reduce -43.9%
MPWR Monolithic Power Systems Inc. 0.14% 710 $481K No change
AMAT Applied Materials Inc. 0.14% 2,324 $479K Add +7.3%
CHX Championx Corp. 0.14% 13,150 $472K New
CR Crane Co. 0.14% 3,456 $467K No change
IVV iShares Core S&P 500 ETF 0.13% 875 $460K No change
ULTA Ulta Beauty Inc. 0.13% 862 $451K Reduce -2.5%
BUD Anheuser-Busch Inbev-SPN ADR 0.13% 7,406 $450K No change
WCN Waste Connections Inc. 0.13% 2,603 $448K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.13% 4,337 $440K No change
SMFG Sumitomo Mitsui-Spons ADR 0.13% 37,262 $439K Reduce -33.2%
ON On Semiconductor 0.13% 5,853 $430K Reduce -2.8%
ITW Illinois Tool Works 0.12% 1,577 $423K Reduce -10.9%
WDAY Workday Inc. Class A 0.12% 1,541 $420K Reduce -13.8%
NVT Nvent Electric PLC 0.12% 5,519 $416K No change
ENTG Entegris Inc. 0.12% 2,943 $414K No change
RCL Royal Caribbean Cruises Ltd. 0.12% 2,955 $411K Reduce -2.1%
AMD Advanced Micro Devices 0.12% 2,244 $405K No change
GSK GSK PLC-Spon ADR 0.12% 9,414 $404K No change
TAK Takeda Pharmaceutic-SP ADR 0.11% 28,340 $394K New
BAH Booz Allen Hamilton Holdings 0.11% 2,638 $392K No change
FLEX Flex Ltd. 0.11% 13,659 $391K No change
SPSC SPS Commerce Inc. 0.11% 2,086 $386K Reduce -2.0%
EPAM Epam Systems Inc. 0.11% 1,375 $380K No change
UBER Uber Technologies Inc. 0.11% 4,880 $376K Reduce -46.2%
SNY Sanofi-ADR 0.11% 7,686 $374K New
MNDY Monday.com Ltd. 0.11% 1,639 $370K New
SBUX Starbucks Corp. 0.11% 4,037 $369K Reduce -2.1%
RGA Reinsurance Group of America 0.11% 1,905 $367K Reduce -1.8%
QLYS Qualys Inc. 0.11% 2,201 $367K Reduce -12.2%
BRKR Bruker Corp. 0.11% 3,902 $367K Add +39.2%
TRI Thomson Reuters Corp. 0.11% 2,321 $362K Add +16.6%
ICE Intercontinental Exchange Inc. 0.10% 2,557 $351K Reduce -7.9%
WST West Pharmaceutical Services 0.10% 883 $349K No change
AHCO Adapthealth Corp. 0.10% 30,271 $348K No change
POOL Pool Corp. 0.10% 857 $346K No change
DEO Diageo PLC-Sponsored ADR 0.10% 2,277 $339K New
CSX CSX Corp. 0.10% 8,886 $329K Reduce -1.7%
INTU Intuit Inc. 0.10% 504 $328K No change
UPS United Parcel Service Class B 0.09% 2,156 $320K Reduce -38.7%
BRK.B Berkshire Hathaway Inc. Class B 0.09% 744 $313K New
COST Costco Wholesale Corp. 0.09% 420 $308K No change
DV Doubleverify Holdings Inc. 0.09% 8,746 $308K New
UBS UBS Group AG-Reg 0.09% 9,908 $304K Reduce -52.9%
SF Stifel Financial Corp. 0.09% 3,872 $303K Reduce -2.6%
COO The Cooper Cos Inc. 0.09% 2,972 $302K No change
VVV Valvoline Inc. 0.09% 6,672 $297K New
IVW iShares S&P 500 Growth ETF 0.09% 3,516 $297K No change
CHD Church & Dwight Co. Inc. 0.09% 2,834 $296K No change
KEYS Keysight Technologies Inc. 0.08% 1,863 $291K No change
CMI Cummins Inc. 0.08% 980 $289K No change
BTI British American Tob-SP ADR 0.08% 9,300 $284K New
TTE Totalenergies SE -Spon ADR 0.08% 4,081 $281K No change
CBRE CBRE Group Inc. Class A 0.08% 2,825 $275K Reduce -5.4%
HES Hess Corp. 0.07% 1,680 $256K No change
MAS Masco Corp. 0.07% 3,238 $255K Reduce -7.5%
WTS Watts Water Technologies-A 0.07% 1,198 $255K Reduce -5.6%
LH Laboratory CRP of Amer Hldgs 0.07% 1,145 $250K Reduce -2.8%
SJNK SS SPDR BB St Hi Yield ETF 0.07% 9,780 $247K Add +0.4%
SHW The Sherwin-Williams Co. 0.07% 704 $245K Reduce -14.4%
TTWO Take-Two Interactive Softwre 0.07% 1,632 $242K Reduce -5.3%
IWB iShares Russell 1000 ETF 0.07% 839 $242K Reduce -4.2%
AVY Avery Dennison Corp. 0.07% 1,063 $237K New
BRO Brown & Brown Inc. 0.07% 2,710 $237K New
BPOP Popular Inc. 0.07% 2,693 $237K No change
AKAM Akamai Technologies Inc. 0.07% 2,163 $235K Reduce -50.0%
ALC Alcon Inc. filed as ALCON AG 0.07% 2,802 $233K Reduce -59.3%
GATX Gatx Corp. 0.07% 1,730 $232K Reduce -4.5%
BBWI Bath & Body Works Inc. 0.07% 4,632 $232K New
PUK Prudential PLC-ADR 0.07% 11,893 $229K Reduce -56.8%
WSC Willscot Holdings Corp. 0.07% 4,802 $223K No change
TDY Teledyne Technologies Inc. 0.06% 518 $222K Reduce -2.5%
ENSG The Ensign Group Inc. 0.06% 1,786 $222K Reduce -1.0%
OKE Oneok Inc. 0.06% 2,757 $221K New
VNO Vornado Realty Trust 0.06% 7,600 $219K New
SYY Sysco Corp. 0.06% 2,689 $218K Reduce -8.1%
RTX RTX Corp. 0.06% 2,235 $218K Reduce -42.2%
IVE iShares S&P 500 Value ETF 0.06% 1,164 $217K Reduce -7.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.06% 1,757 $215K New
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.06% 2,839 $215K New
NWG Natwest Group PLC -Spon ADR 0.06% 31,500 $214K New
FN Fabrinet 0.06% 1,130 $214K New
HII Huntington Ingalls Industrie 0.06% 732 $213K New
NOV Nov Inc. 0.06% 10,807 $211K Reduce -13.2%
WBS Webster Financial Corp. 0.06% 4,146 $210K No change
SMG Scotts Miracle-Gro Co. 0.06% 2,799 $209K New
IWR iShares Russell Mid-Cap ETF 0.06% 2,469 $208K No change
PAYC Paycom Software Inc. 0.06% 1,025 $204K Reduce -25.0%
BBVA Banco Bilbao Vizcaya-SP ADR 0.06% 16,895 $200K No change
BBD Banco Bradesco-ADR 0.05% 57,393 $164K Reduce -0.0%
CWK Cushman & Wakefield UK Holdc 0.03% 11,256 $118K New
SWN Southwestern Energy Co. 0.03% 12,992 $98K Reduce -11.7%
IWM iShares Russell 2000 ETF 0.01% 89 $19K No change

Portfolio Sells Q4 2023 → Q1 2024
EFV iShares MSCI Eafe Value ETF Reduce -8.4% 9.58% −1.27
EFG iShares MSCI Eafe Growth ETF Reduce -6.5% 7.79% −0.63
IIIV I3 Verticals Inc. Class A Reduce -33.3% 1.16% −0.58
IWN iShares Russell 2000 Value E Reduce -4.7% 5.07% −0.56
AAPL Apple Inc. Reduce -24.8% 0.79% −0.49
IWS iShares Russell Mid-Cap Valu Reduce -4.7% 7.07% −0.38
IWO iShares Russell 2000 Growth Reduce -5.1% 5.14% −0.32
IJS iShares S&P Small-Cap 600 Va Reduce -0.6% 3.19% −0.29
SCZ iShares MSCI Eafe Small-Cap Reduce -4.4% 2.69% −0.29
TSLA Tesla Inc. Sold out 0.00% −0.28
HON Honeywell International Inc. Sold out 0.00% −0.24
TEAM Atlassian Corp. Class A Reduce -12.5% 0.35% −0.18
RYAAY Ryanair Holdings PLC-SP ADR Reduce -48.7% 0.18% −0.17
SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −0.17
SPLK Splunk Inc. Sold out 0.00% −0.17
MTD Mettler-Toledo International Reduce -46.7% 0.18% −0.16
UNH Unitedhealth Group Inc. Reduce -20.1% 0.31% −0.14
PM Philip Morris International Reduce -43.9% 0.14% −0.14
PUK Prudential PLC-ADR Reduce -56.8% 0.07% −0.13
UL Unilever PLC Sold out 0.00% −0.13
RIO Rio Tinto PLC-Spon ADR Sold out 0.00% −0.13
MELI MercadoLibre Inc. Reduce -25.2% 0.25% −0.12
DIOD Diodes Inc. Sold out 0.00% −0.12
UBS UBS Group AG-Reg Reduce -52.9% 0.09% −0.12
NFLX Netflix Inc. Reduce -42.5% 0.22% −0.11
ABG Asbury Automotive Group Sold out 0.00% −0.11
PANW Palo Alto Networks Inc. Reduce -19.9% 0.27% −0.11
ALC Alcon Inc. Reduce -59.3% 0.07% −0.10
ALB Albemarle Corp. Sold out 0.00% −0.10
RMD Resmed Inc. Reduce -43.1% 0.15% −0.10
AKAM Akamai Technologies Inc. Reduce -50.0% 0.07% −0.09
INTC Intel Corp. Sold out 0.00% −0.09
UPS United Parcel Service Class B Reduce -38.7% 0.09% −0.08
HUM Humana Inc. Sold out 0.00% −0.08
MRSH Marsh & McLennan Cos Sold out 0.00% −0.08
PRFT Perficient Inc. Sold out 0.00% −0.08
IEX Idex Corp. Sold out 0.00% −0.08
V Visa Inc. Class A Reduce -13.9% 0.42% −0.07
ZTS Zoetis Inc. Reduce -3.0% 0.24% −0.07
SAP Sap SE-Sponsored ADR Reduce -29.6% 0.33% −0.07
AVT Avnet Inc. Sold out 0.00% −0.07
BR Broadridge Financial Solutio Sold out 0.00% −0.07
UBER Uber Technologies Inc. Reduce -46.2% 0.11% −0.07
EEM iShares MSCI Emerging Market Sold out 0.00% −0.06
ADBE Adobe Inc. Reduce -1.9% 0.18% −0.06
DHI D.R. Horton Inc. Reduce -23.6% 0.17% −0.05
QLYS Qualys Inc. Reduce -12.2% 0.11% −0.05
ETN Eaton Corp. PLC Reduce -32.9% 0.20% −0.05
SPGI S&P Global Inc. Reduce -8.9% 0.20% −0.04
ICLR Icon PLC Reduce -19.0% 0.35% −0.04

Portfolio Buys Q4 2023 → Q1 2024
IWF iShares Russell 1000 Growth Add +80.2% 14.76% +6.78
MCHP Microchip Technology Inc. New 0.17% +0.17
CHX Championx Corp. New 0.14% +0.14
WCN Waste Connections Inc. New 0.13% +0.13
TAK Takeda Pharmaceutic-SP ADR New 0.11% +0.11
SNY Sanofi-ADR New 0.11% +0.11
MNDY Monday.com Ltd. New 0.11% +0.11
DEO Diageo PLC-Sponsored ADR New 0.10% +0.10
BP BP PLC-Spons ADR Add +82.6% 0.22% +0.10
BRK.B Berkshire Hathaway Inc. Class B New 0.09% +0.09
DV Doubleverify Holdings Inc. New 0.09% +0.09
VVV Valvoline Inc. New 0.09% +0.09
BCS Barclays PLC-Spons ADR Add +29.4% 0.28% +0.08
BTI British American Tob-SP ADR New 0.08% +0.08
CNQ Canadian Natural Resources Add +99.5% 0.15% +0.08
AVY Avery Dennison Corp. New 0.07% +0.07
BRO Brown & Brown Inc. New 0.07% +0.07
BBWI Bath & Body Works Inc. New 0.07% +0.07
OKE Oneok Inc. New 0.06% +0.06
VNO Vornado Realty Trust New 0.06% +0.06
DIS The Walt Disney Co. New 0.06% +0.06
BJ Bj's Wholesale Club Holdings New 0.06% +0.06
NWG Natwest Group PLC -Spon ADR New 0.06% +0.06
FN Fabrinet New 0.06% +0.06
HII Huntington Ingalls Industrie New 0.06% +0.06
SMG Scotts Miracle-Gro Co. New 0.06% +0.06
IBN Icici Bank Ltd.-Spon ADR Add +54.0% 0.15% +0.06
BRKR Bruker Corp. Add +39.2% 0.11% +0.04
CWK Cushman & Wakefield UK Holdc New 0.03% +0.03
USB US Bancorp Add +22.4% 0.22% +0.03
AMAT Applied Materials Inc. Add +7.3% 0.14% +0.03
SHEL Shell PLC-ADR Add +23.4% 0.16% +0.02
TRI Thomson Reuters Corp. Add +16.6% 0.11% +0.01
SJNK SS SPDR BB St Hi Yield ETF Add +0.4% 0.07% −0.01
AZN Astrazeneca PLC-Spons ADR Add +0.3% 0.23% −0.02
JNK SS SPDR BB High Yield Bond Add +0.3% 0.34% −0.03
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +0.1% 0.75% −0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 0$0
Q1 2026 0$0
Q4 2025 135$342.0MIWF, IWD, EFV, EFG, IJH
Q3 2025 135$352.8MIWF, IWD, EFV, EFG, IWS
Q2 2025 146$335.0MIWF, IWD, EFV, EFG, IWS
Q1 2025 144$309.0MIWF, IWD, EFV, IWS, EFG
Q4 2024 154$324.5MIWF, EFV, IWD, EFG, IWS
Q3 2024 177$343.6MIWF, EFV, IWD, EFG, IWS
Q2 2024 178$329.0MIWF, EFV, EFG, IWD, IWS
Q1 2024 190$343.1MIWF, EFV, EFG, IWD, IWS