Covenant Partners, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 24, 2024), Covenant Partners, LLC reported 177 stock positions worth $343.6 million. Its top holding was iShares Russell 1000 Growth (IWF) at 16.7% of the portfolio, followed by iShares MSCI Eafe Value ETF (EFV, 8.5%) and iShares Russell 1000 Value E (IWD, 8.1%). Compared with Q2 2024, it opened 18 new positions, sold out of 19, added to 61 and reduced 31. The biggest buy was Eli Lilly (LLY, shares +437%) and the biggest sale I3 Verticals Class A (IIIV, shares −48%).
- Most Recent 13F
- Q2 2026
- Location
- Nashville, TN
- CIK
- 0001302739
- Portfolio Value
- $343.6M (Q3 2024)
- SEC Filing
- 0001398344-24-019326 ↗ filed Oct 24, 2024
Holdings Value
Holdings 177 stocks · $343.6M
| IWF iShares Russell 1000 Growth | 16.72% | 153,019 | $57.4M | Add +2.9% |
| EFV iShares MSCI Eafe Value ETF | 8.51% | 508,374 | $29.2M | Reduce -7.0% |
| IWD iShares Russell 1000 Value E | 8.10% | 146,605 | $27.8M | Add +10.4% |
| EFG iShares MSCI Eafe Growth ETF | 7.24% | 231,074 | $24.9M | Reduce -3.4% |
| IWS iShares Russell Mid-Cap Valu | 6.74% | 175,216 | $23.2M | Reduce -4.0% |
| IWO iShares Russell 2000 Growth | 4.71% | 57,005 | $16.2M | Reduce -6.1% |
| IWN iShares Russell 2000 Value E | 4.68% | 96,381 | $16.1M | Reduce -6.4% |
| IJS iShares S&P Small-Cap 600 Va | 3.26% | 104,090 | $11.2M | Reduce -2.3% |
| SCZ iShares MSCI Eafe Small-Cap | 2.59% | 131,345 | $8.9M | Reduce -3.7% |
| MSFT Microsoft Corp. | 1.61% | 12,833 | $5.5M | Add +4.1% |
| NVDA Nvidia Corp. | 1.50% | 42,506 | $5.2M | Add +9.4% |
| LLY Eli Lilly & Co. | 1.38% | 5,371 | $4.8M | Add +436.6% |
| AAPL Apple Inc. | 1.08% | 15,995 | $3.7M | Reduce -1.4% |
| AMZN Amazon.com Inc. | 0.87% | 16,059 | $3.0M | Add +11.4% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.69% | 29,499 | $2.4M | Reduce -9.2% |
| ACN Accenture PLC Class A | 0.66% | 6,438 | $2.3M | Add +3.5% |
| RACE Ferrari NV | 0.65% | 4,764 | $2.2M | No change |
| META Meta Platforms Inc. Class A | 0.63% | 3,782 | $2.2M | Add +12.9% |
| ASML ASML Holding NV-NY Reg SHS | 0.62% | 2,566 | $2.1M | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.61% | 17,526 | $2.1M | Add +0.8% |
| IIIV I3 Verticals Inc. Class A | 0.60% | 96,973 | $2.1M | Reduce -47.8% |
| HD Home Depot Inc. | 0.54% | 4,620 | $1.9M | Add +5.8% |
| ABBV Abbvie Inc. | 0.54% | 9,313 | $1.8M | Add +1.5% |
| AMP Ameriprise Financial Inc. | 0.53% | 3,896 | $1.8M | Add +0.4% |
| CP Canadian Pacific Kansas City | 0.51% | 20,591 | $1.8M | No change |
| PAYX Paychex Inc. | 0.48% | 12,376 | $1.7M | Add +3.6% |
| JPM JPMorgan Chase & Co. | 0.47% | 7,718 | $1.6M | Add +3.6% |
| V Visa Inc. Class A | 0.46% | 5,687 | $1.6M | Add +11.0% |
| SNA Snap-on Inc. | 0.45% | 5,323 | $1.5M | Add +1.3% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.44% | 5,326 | $1.5M | Add +0.7% |
| LMT Lockheed Martin Corp. | 0.39% | 2,315 | $1.4M | No change |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.39% | 1,302 | $1.4M | No change |
| MRK Merck & Co. Inc. | 0.39% | 11,758 | $1.3M | Add +2.0% |
| SAP Sap SE-Sponsored ADR | 0.38% | 5,763 | $1.3M | No change |
| UNH Unitedhealth Group Inc. | 0.38% | 2,205 | $1.3M | Add +1.2% |
| BLK BlackRock Finance Inc. | 0.37% | 1,355 | $1.3M | Add +1.7% |
| BCS Barclays PLC-Spons ADR | 0.36% | 101,394 | $1.2M | Add +0.0% |
| STE Steris PLC | 0.36% | 5,041 | $1.2M | Add +0.8% |
| DFS Discover Financial Services | 0.33% | 8,180 | $1.1M | No change |
| PHG Koninklijke Philips NVR- NY | 0.33% | 34,654 | $1.1M | Add +0.0% |
| PANW Palo Alto Networks Inc. | 0.32% | 3,247 | $1.1M | No change |
| LIN Linde PLC | 0.32% | 2,326 | $1.1M | Add +6.8% |
| AZN Astrazeneca PLC-Spons ADR | 0.32% | 13,925 | $1.1M | Add +0.0% |
| UNP Union Pacific Corp. | 0.31% | 4,367 | $1.1M | Add +2.4% |
| JNK SS SPDR BB High Yield Bond | 0.31% | 10,930 | $1.1M | Reduce -9.1% |
| CVX Chevron Corp. | 0.31% | 7,187 | $1.1M | Add +0.6% |
| ICLR Icon PLC | 0.30% | 3,623 | $1.0M | No change |
| ACGL Arch Capital Group Ltd. | 0.29% | 8,784 | $983K | No change |
| ZTS Zoetis Inc. | 0.28% | 4,886 | $955K | Add +1.1% |
| ABT Abbott Laboratories | 0.28% | 8,339 | $951K | Add +0.9% |
| NFLX Netflix Inc. | 0.27% | 1,284 | $911K | Add +1.3% |
| MELI MercadoLibre Inc. | 0.26% | 443 | $909K | Add +11.0% |
| RELX Relx PLC - Spon ADR | 0.26% | 19,100 | $906K | No change |
| PLD Prologis Inc. | 0.26% | 7,147 | $903K | No change |
| ING ING Groep N.V.-Sponsored ADR | 0.26% | 49,131 | $892K | No change |
| FERG Ferguson Enterprises Inc. | 0.26% | 4,418 | $877K | No change |
| NVS Novartis AG-Sponsored ADR | 0.25% | 7,608 | $875K | Add +0.9% |
| SPGI S&P Global Inc. | 0.25% | 1,679 | $867K | Add +6.2% |
| AON Aon PLC Class A | 0.25% | 2,454 | $849K | No change |
| TMO Thermo Fisher Scientific Inc. | 0.24% | 1,329 | $822K | No change |
| PGR Progressive Corp. | 0.23% | 3,165 | $803K | Add +7.8% |
| NEE Nextera Energy Inc. | 0.23% | 9,386 | $793K | Add +2.4% |
| ADBE Adobe Inc. | 0.22% | 1,443 | $747K | Add +15.9% |
| PG The Procter & Gamble Co. | 0.21% | 4,164 | $721K | Add +9.0% |
| GOOGL Alphabet Inc. Class A | 0.21% | 4,345 | $721K | Reduce -46.6% |
| ETN Eaton Corp. PLC | 0.21% | 2,154 | $714K | No change |
| ISRG Intuitive Surgical Inc. | 0.20% | 1,402 | $689K | Add +0.4% |
| EME Emcor Group Inc. | 0.20% | 1,582 | $681K | No change |
| DHI D.R. Horton Inc. | 0.20% | 3,525 | $672K | No change |
| SNPS Synopsys Inc. | 0.19% | 1,320 | $668K | No change |
| MPWR Monolithic Power Systems Inc. | 0.19% | 710 | $656K | No change |
| RMD Resmed Inc. | 0.19% | 2,680 | $654K | Add +0.9% |
| AMGN Amgen Inc. | 0.19% | 2,007 | $647K | Add +1.5% |
| RJF Raymond James Financial Inc. | 0.18% | 5,093 | $624K | No change |
| MTD Mettler-Toledo International | 0.18% | 414 | $621K | No change |
| CRM Salesforce Inc. | 0.18% | 2,258 | $618K | Add +12.8% |
| PM Philip Morris International | 0.18% | 5,043 | $612K | Add +5.3% |
| IBN Icici Bank Ltd.-Spon ADR | 0.17% | 19,409 | $579K | No change |
| EQIX Equinix Inc. | 0.17% | 649 | $576K | Add +1.7% |
| CPRT Copart Inc. | 0.16% | 10,466 | $548K | No change |
| CR Crane Co. | 0.16% | 3,456 | $547K | No change |
| DECK Deckers Outdoor Corp. | 0.16% | 3,426 | $546K | No change |
| SYK Stryker Corp. | 0.16% | 1,500 | $542K | Add +2.7% |
| RCL Royal Caribbean Cruises Ltd. | 0.15% | 2,934 | $520K | No change |
| MNST Monster Beverage Corp. | 0.15% | 9,904 | $517K | No change |
| CRL Charles River Laboratories | 0.15% | 2,587 | $510K | No change |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.15% | 37,026 | $505K | Add +1.1% |
| IVV iShares Core S&P 500 ETF | 0.15% | 875 | $505K | No change |
| COST Costco Wholesale Corp. | 0.14% | 545 | $483K | Add +29.8% |
| RYAAY Ryanair Holdings PLC-SP ADR | 0.14% | 10,655 | $481K | Add +150.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.14% | 4,034 | $474K | No change |
| SMFG Sumitomo Mitsui-Spons ADR | 0.14% | 37,262 | $471K | No change |
| GOOG Alphabet Inc. Class C | 0.14% | 2,809 | $470K | Reduce -60.1% |
| MNDY Monday.com Ltd. | 0.13% | 1,650 | $458K | Reduce -0.1% |
| FLEX Flex Ltd. | 0.13% | 13,659 | $457K | No change |
| FDS Factset Research Systems Inc. | 0.13% | 968 | $445K | Add +9.6% |
| SNY Sanofi-ADR | 0.13% | 7,685 | $443K | No change |
| AMAT Applied Materials Inc. | 0.13% | 2,167 | $438K | Reduce -6.8% |
| BAH Booz Allen Hamilton Holdings | 0.13% | 2,638 | $429K | No change |
| RGA Reinsurance Group of America | 0.12% | 1,905 | $415K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| IIIV I3 Verticals Inc. Class A | Reduce -47.8% | 0.60% | −0.64 |
| PSX Phillips 66 | Sold out | 0.00% | −0.34 |
| EFV iShares MSCI Eafe Value ETF | Reduce -7.0% | 8.51% | −0.30 |
| PNFP Pinnacle Financial Partners | Sold out | 0.00% | −0.26 |
| GOOG Alphabet Inc. Class C | Reduce -60.1% | 0.14% | −0.26 |
| GOOGL Alphabet Inc. Class A | Reduce -46.6% | 0.21% | −0.24 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -3.4% | 7.24% | −0.20 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.18 |
| SHEL Shell PLC-ADR | Sold out | 0.00% | −0.18 |
| TEAM Atlassian Corp. Class A | Reduce -71.3% | 0.06% | −0.18 |
| PUK Prudential PLC-ADR | Sold out | 0.00% | −0.16 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.16 |
| CNQ Canadian Natural Resources | Sold out | 0.00% | −0.14 |
| IWO iShares Russell 2000 Growth | Reduce -6.1% | 4.71% | −0.13 |
| CPNG Coupang Inc. | Sold out | 0.00% | −0.13 |
| HOLX Hologic Inc. | Sold out | 0.00% | −0.12 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.11 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.11 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -61.1% | 0.06% | −0.11 |
| CHX Championx Corp. | Sold out | 0.00% | −0.10 |
| P Everpure Inc. Class A | Sold out | 0.00% | −0.09 |
| WFRD Weatherford International PL | Sold out | 0.00% | −0.09 |
| UBS UBS Group AG-Reg | Reduce -50.5% | 0.09% | −0.09 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.09 |
| IWN iShares Russell 2000 Value E | Reduce -6.4% | 4.68% | −0.09 |
| BP BP PLC-Spons ADR | Reduce -34.3% | 0.10% | −0.08 |
| PEN Penumbra Inc. | Sold out | 0.00% | −0.08 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -9.2% | 0.69% | −0.07 |
| AVY Avery Dennison Corp. | Sold out | 0.00% | −0.07 |
| VVV Valvoline Inc. | Sold out | 0.00% | −0.06 |
| DRI Darden Restaurants Inc. | Reduce -29.5% | 0.11% | −0.04 |
| AMAT Applied Materials Inc. | Reduce -6.8% | 0.13% | −0.04 |
| JNK SS SPDR BB High Yield Bond | Reduce -9.1% | 0.31% | −0.03 |
| SWN Southwestern Energy Co. | Sold out | 0.00% | −0.03 |
| IVW iShares S&P 500 Growth ETF | Reduce -18.5% | 0.07% | −0.02 |
| BUD Anheuser-Busch Inbev-SPN ADR | Reduce -19.5% | 0.12% | −0.02 |
| GSK GSK PLC-Spon ADR | Reduce -11.1% | 0.11% | −0.01 |
| FN Fabrinet | Reduce -4.0% | 0.07% | −0.01 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -8.7% | 0.07% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -14.3% | 0.06% | −0.01 |
| ON On Semiconductor | Reduce -7.3% | 0.11% | −0.01 |
| IWR iShares Russell Mid-Cap ETF | Reduce -13.3% | 0.05% | −0.01 |
| SPOT Spotify Technology SA | Reduce -13.2% | 0.11% | −0.00 |
| SBUX Starbucks Corp. | Reduce -16.8% | 0.09% | −0.00 |
| MNDY Monday.com Ltd. | Reduce -0.1% | 0.13% | +0.01 |
| TSLA Tesla Inc. | Reduce -1.7% | 0.09% | +0.02 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -3.7% | 2.59% | +0.03 |
| IWS iShares Russell Mid-Cap Valu | Reduce -4.0% | 6.74% | +0.05 |
| AAPL Apple Inc. | Reduce -1.4% | 1.08% | +0.05 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -2.3% | 3.26% | +0.11 |
Portfolio Buys Q2 2024 → Q3 2024
| LLY Eli Lilly & Co. | Add +436.6% | 1.38% | +1.11 |
| IWD iShares Russell 1000 Value E | Add +10.4% | 8.10% | +1.06 |
| IWF iShares Russell 1000 Growth | Add +2.9% | 16.72% | +0.24 |
| META Meta Platforms Inc. Class A | Add +12.9% | 0.63% | +0.12 |
| SE Sea Ltd.-ADR | New | 0.11% | +0.11 |
| TDG Transdigm Group Inc. | New | 0.11% | +0.11 |
| SUN Sunoco LP | New | 0.10% | +0.10 |
| ACN Accenture PLC Class A | Add +3.5% | 0.66% | +0.09 |
| HD Home Depot Inc. | Add +5.8% | 0.54% | +0.09 |
| TRGP Targa Resources Corp. | New | 0.09% | +0.09 |
| BX Blackstone Inc. | New | 0.08% | +0.08 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.08% | +0.08 |
| HLNE Hamilton Lane Inc. Class A | New | 0.07% | +0.07 |
| SMG Scotts Miracle-Gro Co. | New | 0.07% | +0.07 |
| ET Energy Transfer LP | New | 0.07% | +0.07 |
| SYY Sysco Corp. | New | 0.07% | +0.07 |
| USFD US Foods Holding Corp. | New | 0.07% | +0.07 |
| MELI MercadoLibre Inc. | Add +11.0% | 0.26% | +0.07 |
| PHG Koninklijke Philips NVR- NY | Add +0.0% | 0.33% | +0.06 |
| AKAM Akamai Technologies Inc. | New | 0.06% | +0.06 |
| BR Broadridge Financial Solutio | New | 0.06% | +0.06 |
| DUK Duke Energy Corp. | New | 0.06% | +0.06 |
| ABBV Abbvie Inc. | Add +1.5% | 0.54% | +0.06 |
| BLK BlackRock Finance Inc. | Add +1.7% | 0.37% | +0.06 |
| GOF Guggenheim Strategic Opport | New | 0.05% | +0.05 |
| PAYX Paychex Inc. | Add +3.6% | 0.48% | +0.05 |
| PGR Progressive Corp. | Add +7.8% | 0.23% | +0.05 |
| V Visa Inc. Class A | Add +11.0% | 0.46% | +0.05 |
| NVDA Nvidia Corp. | Add +9.4% | 1.50% | +0.04 |
| SPGI S&P Global Inc. | Add +6.2% | 0.25% | +0.04 |
| UNH Unitedhealth Group Inc. | Add +1.2% | 0.38% | +0.04 |
| RMD Resmed Inc. | Add +0.9% | 0.19% | +0.04 |
| NEE Nextera Energy Inc. | Add +2.4% | 0.23% | +0.03 |
| LIN Linde PLC | Add +6.8% | 0.32% | +0.03 |
| COST Costco Wholesale Corp. | Add +29.8% | 0.14% | +0.03 |
| SNA Snap-on Inc. | Add +1.3% | 0.45% | +0.03 |
| PM Philip Morris International | Add +5.3% | 0.18% | +0.03 |
| AMP Ameriprise Financial Inc. | Add +0.4% | 0.53% | +0.03 |
| BCS Barclays PLC-Spons ADR | Add +0.0% | 0.36% | +0.03 |
| CMI Cummins Inc. | Add +18.6% | 0.11% | +0.03 |
| AMZN Amazon.com Inc. | Add +11.4% | 0.87% | +0.02 |
| CRM Salesforce Inc. | Add +12.8% | 0.18% | +0.02 |
| ZTS Zoetis Inc. | Add +1.1% | 0.28% | +0.02 |
| STE Steris PLC | Add +0.8% | 0.36% | +0.02 |
| EQIX Equinix Inc. | Add +1.7% | 0.17% | +0.02 |
| FDS Factset Research Systems Inc. | Add +9.6% | 0.13% | +0.02 |
| FTF Franklin Ltd. Dur Inc. TR | New | 0.02% | +0.02 |
| UNP Union Pacific Corp. | Add +2.4% | 0.31% | +0.02 |
| AJG Arthur J Gallagher & Co. | Add +0.7% | 0.44% | +0.02 |
| PG The Procter & Gamble Co. | Add +9.0% | 0.21% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 0 | $0 | |
| Q1 2026 | 0 | $0 | |
| Q4 2025 | 135 | $342.0M | IWF, IWD, EFV, EFG, IJH |
| Q3 2025 | 135 | $352.8M | IWF, IWD, EFV, EFG, IWS |
| Q2 2025 | 146 | $335.0M | IWF, IWD, EFV, EFG, IWS |
| Q1 2025 | 144 | $309.0M | IWF, IWD, EFV, IWS, EFG |
| Q4 2024 | 154 | $324.5M | IWF, EFV, IWD, EFG, IWS |
| Q3 2024 | 177 | $343.6M | IWF, EFV, IWD, EFG, IWS |
| Q2 2024 | 178 | $329.0M | IWF, EFV, EFG, IWD, IWS |
| Q1 2024 | 190 | $343.1M | IWF, EFV, EFG, IWD, IWS |