Covenant Partners, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), Covenant Partners, LLC reported 146 stock positions worth $335.0 million. Its top holding was iShares Russell 1000 Growth (IWF) at 27.6% of the portfolio, followed by iShares Russell 1000 Value E (IWD, 16.3%) and iShares MSCI Eafe Value ETF (EFV, 7.1%). Compared with Q1 2025, it opened 15 new positions, sold out of 13, added to 11 and reduced 22. The biggest buy was iShares Russell 1000 Growth (IWF, shares +1%) and the biggest sale iShares Russell Mid-Cap Valu (IWS, shares −10%).

Most Recent 13F
Q2 2026
Location
Nashville, TN
CIK
0001302739
Portfolio Value
$335.0M (Q2 2025)
SEC Filing
0001398344-25-014113 ↗ filed Jul 30, 2025

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 Q3 2024 Q4 2024: $324.5M Q4 2024 Q1 2025: $309.0M Q1 2025 Q2 2025: $335.0M $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 146 stocks · $335.0M
IWF iShares Russell 1000 Growth 27.62% 217,944 $92.5M Add +1.3%
IWD iShares Russell 1000 Value E 16.29% 280,951 $54.6M Add +2.6%
EFV iShares MSCI Eafe Value ETF 7.11% 375,153 $23.8M Reduce -1.8%
EFG iShares MSCI Eafe Growth ETF 6.73% 201,384 $22.6M Reduce -3.5%
IWS iShares Russell Mid-Cap Valu 6.29% 159,397 $21.1M Reduce -9.5%
IWO iShares Russell 2000 Growth 2.53% 29,669 $8.5M Reduce -2.5%
MSFT Microsoft Corp. 2.20% 14,826 $7.4M No change
IWN iShares Russell 2000 Value E 2.15% 45,750 $7.2M Reduce -25.5%
NVDA Nvidia Corp. 1.40% 29,674 $4.7M No change
AAPL Apple Inc. 0.97% 15,849 $3.3M Reduce -5.6%
JPM JPMorgan Chase & Co. 0.64% 7,451 $2.2M No change
META Meta Platforms Inc. Class A 0.63% 2,838 $2.1M No change
AMP Ameriprise Financial Inc. 0.62% 3,882 $2.1M No change
AMZN Amazon.com Inc. 0.60% 9,107 $2.0M No change
IJH iShares Core S&P Midcap ETF 0.59% 32,010 $2.0M Add +3.7%
RACE Ferrari NV 0.59% 4,025 $2.0M No change
ASML ASML Holding NV-NY Reg SHS 0.58% 2,407 $1.9M No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.57% 23,664 $1.9M Reduce -3.4%
ACN Accenture PLC Class A 0.56% 6,222 $1.9M No change
V Visa Inc. Class A 0.54% 5,122 $1.8M No change
SAP Sap SE-Sponsored ADR 0.52% 5,763 $1.8M No change
NFLX Netflix Inc. 0.51% 1,269 $1.7M No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.51% 5,288 $1.7M No change
SNA Snap-on Inc. 0.49% 5,254 $1.6M No change
CP Canadian Pacific Kansas City 0.49% 20,591 $1.6M No change
HD Home Depot Inc. 0.48% 4,368 $1.6M No change
PAYX Paychex Inc. 0.47% 10,822 $1.6M No change
BCS Barclays PLC-Spons ADR 0.42% 76,357 $1.4M No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.40% 1,302 $1.4M No change
PANW Palo Alto Networks Inc. 0.40% 6,494 $1.3M No change
BLK BlackRock Inc. 0.40% 1,264 $1.3M No change
ABBV Abbvie Inc. 0.35% 6,351 $1.2M No change
ABT Abbott Laboratories 0.34% 8,267 $1.1M No change
STE Steris PLC 0.33% 4,598 $1.1M No change
ING ING Groep N.V.-Sponsored ADR 0.32% 49,131 $1.1M No change
CVX Chevron Corp. 0.32% 7,439 $1.1M No change
RELX Relx PLC - Spon ADR 0.31% 19,100 $1.0M No change
SE Sea Ltd.-ADR 0.31% 6,487 $1.0M Reduce -0.4%
COF Capital One Financial Corp. 0.31% 4,866 $1.0M New
TSLA Tesla Inc. 0.28% 2,904 $922K Add +144.7%
NVS Novartis AG-Sponsored ADR 0.27% 7,542 $913K No change
AON Aon PLC Class A 0.26% 2,454 $875K No change
JNK SS SPDR BB High Yield Bond 0.26% 8,859 $862K Reduce -3.2%
SPGI S&P Global Inc. 0.25% 1,581 $834K No change
PHG Koninklijke Philips NVR- NY 0.25% 34,652 $831K No change
FERG Ferguson Enterprises Inc. 0.25% 3,795 $826K No change
SPOT Spotify Technology SA 0.23% 1,025 $787K No change
RJF Raymond James Financial Inc. 0.23% 5,093 $781K No change
ETN Eaton Corp. PLC 0.23% 2,154 $769K No change
ISRG Intuitive Surgical Inc. 0.23% 1,396 $759K No change
ZTS Zoetis Inc. 0.23% 4,834 $754K No change
OAKM Oakmark US Large Cap ETF 0.21% 27,953 $718K Add +14.4%
PGR Progressive Corp. 0.21% 2,678 $715K No change
UNH Unitedhealth Group Inc. 0.20% 2,178 $679K No change
SNPS Synopsys Inc. 0.20% 1,320 $677K No change
ACGL Arch Capital Group Ltd. 0.20% 7,432 $677K No change
MELI MercadoLibre Inc. 0.20% 251 $656K No change
AZN Astrazeneca PLC-Spons ADR 0.19% 9,246 $646K Reduce -10.6%
NEE Nextera Energy Inc. 0.19% 9,147 $635K No change
FLEX Flex Ltd. 0.19% 12,434 $621K No change
RYAAY Ryanair Holdings PLC-SP ADR 0.18% 10,655 $614K No change
BRK.B Berkshire Hathaway Inc. Class B 0.17% 1,186 $576K Reduce -24.8%
PG The Procter & Gamble Co. 0.17% 3,571 $569K No change
SMFG Sumitomo Mitsui-Spons ADR 0.17% 37,262 $563K No change
PM Philip Morris International 0.17% 3,060 $557K Add +17.8%
NVO Novo-Nordisk A/S-Spons ADR 0.16% 7,991 $552K Reduce -27.9%
CRM Salesforce Inc. 0.16% 2,001 $546K No change
TMO Thermo Fisher Scientific Inc. 0.16% 1,329 $539K No change
IBN Icici Bank Ltd.-Spon ADR 0.16% 15,500 $521K No change
CSX CSX Corp. 0.15% 15,885 $518K No change
CPRT Copart Inc. 0.15% 10,466 $514K No change
EQIX Equinix Inc. 0.15% 638 $508K No change
IVV iShares Core S&P 500 ETF 0.15% 808 $502K Reduce -7.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.15% 4,034 $498K No change
LIN Linde PLC 0.14% 979 $459K No change
UBER Uber Technologies Inc. 0.14% 4,880 $455K No change
NWG Natwest Group PLC -Spon ADR 0.14% 32,160 $455K No change
EME Emcor Group Inc. 0.13% 842 $450K No change
RCL Royal Caribbean Cruises Ltd. 0.13% 1,408 $441K No change
DRI Darden Restaurants Inc. 0.13% 1,975 $430K No change
RMD Resmed Inc. 0.13% 1,665 $430K No change
COST Costco Wholesale Corp. 0.12% 420 $416K No change
CW Curtiss-Wright Corp. 0.12% 850 $415K New
PLTR Palantir Technologies Inc. Class A 0.12% 2,983 $407K No change
MT Arcelormittal-NY Registered 0.12% 12,834 $405K Reduce -37.2%
SF Stifel Financial Corp. 0.12% 3,872 $402K No change
AMAT Applied Materials Inc. 0.12% 2,167 $397K No change
CBRE CBRE Group Inc. Class A 0.12% 2,825 $396K No change
MNDY Monday.com Ltd. 0.12% 1,237 $389K Reduce -25.0%
LLY Eli Lilly & Co. 0.12% 496 $387K No change
CR Crane Co. 0.11% 2,014 $382K No change
CASY Casey's General Stores Inc. 0.11% 713 $364K Reduce -8.6%
GSK GSK PLC-Spon ADR 0.11% 9,414 $361K No change
DHI D.R. Horton Inc. 0.10% 2,670 $344K No change
CCL Carnival Corp. 0.10% 12,216 $344K New
ICE Intercontinental Exchange Inc. 0.10% 1,852 $340K No change
CPNG Coupang Inc. 0.10% 11,304 $339K New
UBS UBS Group AG-Reg 0.10% 9,908 $335K No change
MPWR Monolithic Power Systems Inc. 0.10% 454 $332K No change
BP BP PLC-Spons ADR 0.10% 11,080 $332K No change
CMI Cummins Inc. 0.10% 980 $321K No change
MTD Mettler-Toledo International 0.09% 269 $316K No change
OLLI Ollie's Bargain Outlet Holdi 0.09% 2,284 $301K Reduce -48.5%
LH Labcorp Holdings Inc. 0.09% 1,145 $301K No change
USFD US Foods Holding Corp. 0.09% 3,866 $298K Add +3.1%
AHCO Adapthealth Corp. 0.09% 30,271 $285K No change
IWB iShares Russell 1000 ETF 0.09% 839 $285K No change
RGA Reinsurance Group of America 0.08% 1,431 $284K No change
TSM Taiwan Semiconductor-SP ADR 0.08% 1,251 $283K Add +1.0%
SFM Sprouts Farmers Market Inc. 0.08% 1,718 $283K Reduce -46.3%
CORZ Core Scientific Inc. 0.08% 16,518 $282K New
SBUX Starbucks Corp. 0.08% 3,032 $278K No change
TEAM Atlassian Corp. Class A 0.08% 1,328 $270K No change
GATX Gatx Corp. 0.08% 1,730 $266K No change
BRO Brown & Brown Inc. 0.08% 2,383 $264K No change
ON On Semiconductor 0.08% 5,020 $263K No change
KEYS Keysight Technologies Inc. 0.08% 1,602 $263K No change
MNST Monster Beverage Corp. 0.08% 4,150 $260K No change
BBVA Banco Bilbao Vizcaya-SP ADR 0.08% 16,895 $260K No change
BUD Anheuser-Busch Inbev-SPN ADR 0.08% 3,729 $256K No change
DXCM Dexcom Inc. 0.08% 2,931 $256K New
TTWO Take-Two Interactive Softwre 0.08% 1,050 $255K No change
TTE Totalenergies SE -Spon ADR 0.07% 4,081 $251K No change
NET Cloudflare Inc. Class A 0.07% 1,270 $249K New
DECK Deckers Outdoor Corp. 0.07% 2,367 $244K No change
NVT Nvent Electric PLC 0.07% 3,305 $242K New
HES Hess Corp. 0.07% 1,663 $230K No change
ONB Old National Bancorp 0.07% 10,522 $225K Reduce -2.3%
CRWD CrowdStrike Holdings Inc. Class A 0.07% 440 $224K New
ENSG The Ensign Group Inc. 0.07% 1,426 $220K New
BAH Booz Allen Hamilton Holdings 0.07% 2,105 $219K No change
DT Dynatrace Inc. 0.06% 3,893 $215K New
P Everpure Inc. Class A filed as PURE STORAGE INC 0.06% 3,652 $210K New
PNFP Pinnacle Financial Partners 0.06% 1,901 $210K Reduce -5.1%
EHC Encompass Health Corp. 0.06% 1,701 $209K New
MAS Masco Corp. 0.06% 3,238 $208K No change
SYK Stryker Corp. 0.06% 506 $200K New
IVW iShares S&P 500 Growth ETF 0.06% 1,733 $191K No change
SJNK SS SPDR BB St Hi Yield ETF 0.06% 7,239 $184K Reduce -2.5%
IVE iShares S&P 500 Value ETF 0.04% 769 $150K No change
IWR iShares Russell Mid-Cap ETF 0.04% 1,367 $126K Reduce -9.3%
SCZ iShares MSCI Eafe Small-Cap 0.01% 474 $34K Add +5.8%
USRT iShares Core US REIT ETF 0.01% 551 $31K Add +9.1%
EEM iShares MSCI Emerging Market 0.01% 566 $27K Add +9.7%
LPRO Open Lending Corp. 0.01% 10,990 $21K New
IWM iShares Russell 2000 ETF 0.01% 89 $19K No change

Portfolio Sells Q1 2025 → Q2 2025
IWS iShares Russell Mid-Cap Valu Reduce -9.5% 6.29% −0.89
IWN iShares Russell 2000 Value E Reduce -25.5% 2.15% −0.85
DFS Discover Financial Services Sold out 0.00% −0.26
AAPL Apple Inc. Reduce -5.6% 0.97% −0.24
EFV iShares MSCI Eafe Value ETF Reduce -1.8% 7.11% −0.18
AMGN Amgen Inc. Sold out 0.00% −0.14
AVGO Broadcom Inc. Sold out 0.00% −0.12
PEN Penumbra Inc. Sold out 0.00% −0.12
PUK Prudential PLC-ADR Sold out 0.00% −0.11
PSX Phillips 66 Sold out 0.00% −0.10
ICLR Icon PLC Sold out 0.00% −0.10
BRK.B Berkshire Hathaway Inc. Class B Reduce -24.8% 0.17% −0.10
HALO Halozyme Therapeutics Inc. Sold out 0.00% −0.10
PLD Prologis Inc. Sold out 0.00% −0.09
NVO Novo-Nordisk A/S-Spons ADR Reduce -27.9% 0.16% −0.08
TDY Teledyne Technologies Inc. Sold out 0.00% −0.08
OLLI Ollie's Bargain Outlet Holdi Reduce -48.5% 0.09% −0.08
SAIA Saia Inc. Sold out 0.00% −0.08
OKE Oneok Inc. Sold out 0.00% −0.08
SFM Sprouts Farmers Market Inc. Reduce -46.3% 0.08% −0.07
MT Arcelormittal-NY Registered Reduce -37.2% 0.12% −0.07
VNO Vornado Realty Trust Sold out 0.00% −0.07
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -3.4% 0.57% −0.06
AZN Astrazeneca PLC-Spons ADR Reduce -10.6% 0.19% −0.05
JNK SS SPDR BB High Yield Bond Reduce -3.2% 0.26% −0.03
EFG iShares MSCI Eafe Growth ETF Reduce -3.5% 6.73% −0.02
MNDY Monday.com Ltd. Reduce -25.0% 0.12% −0.01
IVV iShares Core S&P 500 ETF Reduce -7.7% 0.15% −0.01
ONB Old National Bancorp Reduce -2.3% 0.07% −0.01
PNFP Pinnacle Financial Partners Reduce -5.1% 0.06% −0.01
SJNK SS SPDR BB St Hi Yield ETF Reduce -2.5% 0.06% −0.01
IWR iShares Russell Mid-Cap ETF Reduce -9.3% 0.04% −0.00
CASY Casey's General Stores Inc. Reduce -8.6% 0.11% −0.00
IWO iShares Russell 2000 Growth Reduce -2.5% 2.53% +0.01
SE Sea Ltd.-ADR Reduce -0.4% 0.31% +0.03

Portfolio Buys Q1 2025 → Q2 2025
IWF iShares Russell 1000 Growth Add +1.3% 27.62% +2.49
COF Capital One Financial Corp. New 0.31% +0.31
TSLA Tesla Inc. Add +144.7% 0.28% +0.18
CW Curtiss-Wright Corp. New 0.12% +0.12
CCL Carnival Corp. New 0.10% +0.10
CPNG Coupang Inc. New 0.10% +0.10
CORZ Core Scientific Inc. New 0.08% +0.08
DXCM Dexcom Inc. New 0.08% +0.08
NET Cloudflare Inc. Class A New 0.07% +0.07
NVT Nvent Electric PLC New 0.07% +0.07
CRWD CrowdStrike Holdings Inc. Class A New 0.07% +0.07
ENSG The Ensign Group Inc. New 0.07% +0.07
DT Dynatrace Inc. New 0.06% +0.06
P Everpure Inc. Class A New 0.06% +0.06
EHC Encompass Health Corp. New 0.06% +0.06
SYK Stryker Corp. New 0.06% +0.06
PM Philip Morris International Add +17.8% 0.17% +0.03
OAKM Oakmark US Large Cap ETF Add +14.4% 0.21% +0.02
TSM Taiwan Semiconductor-SP ADR Add +1.0% 0.08% +0.02
IJH iShares Core S&P Midcap ETF Add +3.7% 0.59% +0.01
USFD US Foods Holding Corp. Add +3.1% 0.09% +0.01
LPRO Open Lending Corp. New 0.01% +0.01
SCZ iShares MSCI Eafe Small-Cap Add +5.8% 0.01% +0.00
EEM iShares MSCI Emerging Market Add +9.7% 0.01% +0.00
USRT iShares Core US REIT ETF Add +9.1% 0.01% −0.00
IWD iShares Russell 1000 Value E Add +2.6% 16.29% −0.38

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