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

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $343.1M Q1 2024 Q2 2024: $329.0M Q2 2024 Q3 2024: $343.6M $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 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
ICE Intercontinental Exchange Inc. 0.12% 2,570 $413K Add +0.5%
SPSC SPS Commerce Inc. 0.12% 2,086 $405K No change
SAIA Saia Inc. 0.12% 921 $403K No change
BUD Anheuser-Busch Inbev-SPN ADR 0.12% 5,961 $395K Reduce -19.5%
SE Sea Ltd.-ADR 0.11% 4,147 $391K New
TDG Transdigm Group Inc. 0.11% 273 $390K New
NVT Nvent Electric PLC 0.11% 5,519 $388K No change
GSK GSK PLC-Spon ADR 0.11% 9,415 $385K Reduce -11.1%
DRI Darden Restaurants Inc. 0.11% 2,336 $383K Reduce -29.5%
WDAY Workday Inc. Class A 0.11% 1,541 $377K No change
CMI Cummins Inc. 0.11% 1,162 $376K Add +18.6%
SPOT Spotify Technology SA 0.11% 999 $368K Reduce -13.2%
UBER Uber Technologies Inc. 0.11% 4,880 $367K No change
ON On Semiconductor 0.11% 5,020 $365K Reduce -7.3%
SF Stifel Financial Corp. 0.11% 3,872 $364K No change
CBRE CBRE Group Inc. Class A 0.10% 2,825 $352K No change
BRK.B Berkshire Hathaway Inc. Class B 0.10% 758 $349K Add +1.9%
BP BP PLC-Spons ADR 0.10% 11,080 $348K Reduce -34.3%
AHCO Adapthealth Corp. 0.10% 30,271 $340K No change
TRI Thomson Reuters Corp. 0.10% 1,991 $340K No change
ULTA Ulta Beauty Inc. 0.10% 862 $335K No change
SUN Sunoco LP 0.10% 6,191 $332K New
POOL Pool Corp. 0.10% 879 $331K Add +2.6%
ENTG Entegris Inc. 0.10% 2,943 $331K No change
COO The Cooper Cos Inc. 0.10% 2,972 $328K No change
INTU Intuit Inc. 0.09% 521 $324K Add +3.4%
TSLA Tesla Inc. 0.09% 1,186 $310K Reduce -1.7%
CSX CSX Corp. 0.09% 8,886 $307K No change
UBS UBS Group AG-Reg 0.09% 9,908 $306K Reduce -50.5%
CHD Church & Dwight Co. Inc. 0.09% 2,903 $304K Add +2.4%
CASY Casey's General Stores Inc. 0.09% 791 $297K Add +5.3%
KEYS Keysight Technologies Inc. 0.09% 1,863 $296K No change
TRGP Targa Resources Corp. 0.09% 2,000 $296K New
SBUX Starbucks Corp. 0.09% 3,032 $296K Reduce -16.8%
NWG Natwest Group PLC -Spon ADR 0.09% 31,501 $295K No change
BX Blackstone Inc. 0.08% 1,892 $290K New
RTX RTX Corp. 0.08% 2,369 $287K Add +6.0%
QLYS Qualys Inc. 0.08% 2,201 $283K No change
ALC Alcon Inc. filed as ALCON AG 0.08% 2,802 $280K No change
MAS Masco Corp. 0.08% 3,318 $279K Add +2.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.08% 713 $274K New
BPOP Popular Inc. 0.08% 2,693 $270K No change
WST West Pharmaceutical Services 0.08% 883 $265K No change
IWB iShares Russell 1000 ETF 0.08% 839 $264K No change
TTE Totalenergies SE -Spon ADR 0.08% 4,081 $264K No change
LH Labcorp Holdings Inc. 0.08% 1,157 $259K Add +1.1%
ENSG The Ensign Group Inc. 0.07% 1,786 $257K No change
BRO Brown & Brown Inc. 0.07% 2,455 $254K Add +3.0%
HLNE Hamilton Lane Inc. Class A 0.07% 1,508 $254K New
TTWO Take-Two Interactive Softwre 0.07% 1,632 $251K No change
OKE Oneok Inc. 0.07% 2,728 $249K No change
IVW iShares S&P 500 Growth ETF 0.07% 2,539 $243K Reduce -18.5%
SMG Scotts Miracle-Gro Co. 0.07% 2,799 $243K New
ET Energy Transfer LP 0.07% 14,880 $239K New
SYY Sysco Corp. 0.07% 3,034 $237K New
USFD US Foods Holding Corp. 0.07% 3,760 $231K New
GATX Gatx Corp. 0.07% 1,730 $229K No change
FN Fabrinet 0.07% 968 $229K Reduce -4.0%
SJNK SS SPDR BB St Hi Yield ETF 0.07% 8,882 $229K Reduce -8.7%
HES Hess Corp. 0.07% 1,680 $228K No change
TDY Teledyne Technologies Inc. 0.07% 518 $227K No change
ONB Old National Bancorp 0.07% 12,095 $226K No change
AKAM Akamai Technologies Inc. 0.06% 2,163 $218K New
TSM Taiwan Semiconductor-SP ADR 0.06% 1,239 $215K Reduce -61.1%
BR Broadridge Financial Solutio 0.06% 973 $209K New
DUK Duke Energy Corp. 0.06% 1,792 $207K New
TEAM Atlassian Corp. Class A 0.06% 1,275 $202K Reduce -71.3%
IVE iShares S&P 500 Value ETF 0.06% 997 $197K Reduce -14.3%
IWR iShares Russell Mid-Cap ETF 0.05% 2,140 $189K Reduce -13.3%
GOF Guggenheim Strategic Opport 0.05% 11,777 $186K New
BBVA Banco Bilbao Vizcaya-SP ADR 0.05% 16,895 $183K No change
FTF Franklin Ltd. Dur Inc. TR 0.02% 10,270 $69K New
IAF Abrdn Australia Equity FD Inc. 0.02% 10,993 $52K New
EEM iShares MSCI Emerging Market 0.01% 814 $37K Add +3291.7%
IWM iShares Russell 2000 ETF 0.01% 89 $20K No change
USRT iShares Core US REIT ETF 0.01% 317 $20K Add +3862.5%
VTI VG Morningstar TS MKT ETF-US 0.00% 40 $11K New

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

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