Covenant Partners, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 24, 2025), Covenant Partners, LLC reported 135 stock positions worth $352.8 million. Its top holding was iShares Russell 1000 Growth (IWF) at 29.4% of the portfolio, followed by iShares Russell 1000 Value E (IWD, 16.7%) and iShares MSCI Eafe Value ETF (EFV, 7.3%). Compared with Q2 2025, it opened 4 new positions, sold out of 15, added to 17 and reduced 12. The biggest buy was iShares Russell 1000 Growth (IWF, shares +2%) and the biggest sale iShares Russell 2000 Value E (IWN, shares −21%).

Most Recent 13F
Q2 2026
Location
Nashville, TN
CIK
0001302739
Portfolio Value
$352.8M (Q3 2025)
SEC Filing
0001398344-25-019735 ↗ filed Oct 24, 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 Q2 2025 Q3 2025: $352.8M $352.8M Q3 2025 Q4 2025: $342.0M Q4 2025 Q1 2026: $0 Q1 2026 Q2 2026: $0 Q2 2026

Holdings 135 stocks · $352.8M
IWF iShares Russell 1000 Growth 29.42% 221,527 $103.8M Add +1.6%
IWD iShares Russell 1000 Value E 16.65% 288,545 $58.7M Add +2.7%
EFV iShares MSCI Eafe Value ETF 7.27% 377,860 $25.6M Add +0.7%
EFG iShares MSCI Eafe Growth ETF 6.55% 202,841 $23.1M Add +0.7%
IWS iShares Russell Mid-Cap Valu 6.13% 154,758 $21.6M Reduce -2.9%
IWO iShares Russell 2000 Growth 2.49% 27,431 $8.8M Reduce -7.5%
MSFT Microsoft Corp. 2.18% 14,826 $7.7M No change
IWN iShares Russell 2000 Value E 1.81% 36,156 $6.4M Reduce -21.0%
NVDA Nvidia Corp. 1.39% 26,274 $4.9M Reduce -11.5%
AAPL Apple Inc. 1.14% 15,849 $4.0M No change
IJH iShares Core S&P Midcap ETF 0.75% 40,468 $2.6M Add +26.4%
JPM JPMorgan Chase & Co. 0.67% 7,451 $2.4M No change
ASML ASML Holding NV-NY Reg SHS 0.66% 2,407 $2.3M No change
META Meta Platforms Inc. Class A 0.59% 2,838 $2.1M No change
AMZN Amazon.com Inc. 0.57% 9,107 $2.0M No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.57% 24,562 $2.0M Add +3.8%
RACE Ferrari NV 0.55% 4,025 $2.0M No change
AMP Ameriprise Financial Inc. 0.55% 3,968 $1.9M Add +2.2%
SNA Snap-on Inc. 0.52% 5,254 $1.8M No change
HD Home Depot Inc. 0.50% 4,368 $1.8M No change
V Visa Inc. Class A 0.50% 5,122 $1.7M No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.46% 5,288 $1.6M No change
BCS Barclays PLC-Spons ADR 0.45% 76,357 $1.6M No change
SAP Sap SE-Sponsored ADR 0.44% 5,763 $1.5M No change
ACN Accenture PLC Class A 0.43% 6,222 $1.5M No change
CP Canadian Pacific Kansas City 0.43% 20,591 $1.5M No change
NFLX Netflix Inc. 0.43% 1,269 $1.5M No change
BLK BlackRock Inc. 0.42% 1,264 $1.5M No change
ABBV Abbvie Inc. 0.42% 6,351 $1.5M No change
CVX Chevron Corp. 0.40% 9,143 $1.4M Add +22.9%
PAYX Paychex Inc. 0.39% 10,822 $1.4M No change
PANW Palo Alto Networks Inc. 0.37% 6,494 $1.3M No change
ING ING Groep N.V.-Sponsored ADR 0.36% 49,131 $1.3M No change
OAKM Oakmark US Large Cap ETF 0.36% 47,270 $1.3M Add +69.1%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.35% 1,302 $1.2M No change
SE Sea Ltd.-ADR 0.33% 6,487 $1.2M No change
STE Steris PLC 0.32% 4,598 $1.1M No change
ABT Abbott Laboratories 0.31% 8,267 $1.1M No change
COF Capital One Financial Corp. 0.29% 4,866 $1.0M No change
NVS Novartis AG-Sponsored ADR 0.27% 7,542 $967K No change
PHG Koninklijke Philips NVR- NY 0.27% 34,652 $945K No change
RELX Relx PLC - Spon ADR 0.26% 19,100 $912K No change
JNK SS SPDR BB High Yield Bond 0.25% 9,158 $897K Add +3.4%
RJF Raymond James Financial Inc. 0.25% 5,093 $879K No change
AON Aon PLC Class A 0.25% 2,454 $875K No change
FERG Ferguson Enterprises Inc. 0.24% 3,795 $852K No change
ETN Eaton Corp. PLC 0.23% 2,154 $806K No change
SPGI S&P Global Inc. 0.22% 1,581 $769K No change
FLEX Flex Ltd. 0.20% 12,434 $721K No change
SPOT Spotify Technology SA 0.20% 1,025 $715K No change
AZN Astrazeneca PLC-Spons ADR 0.20% 9,246 $709K No change
TSLA Tesla Inc. 0.20% 1,591 $708K Reduce -45.2%
ZTS Zoetis Inc. 0.20% 4,834 $707K No change
NEE Nextera Energy Inc. 0.20% 9,147 $691K No change
PGR Progressive Corp. 0.19% 2,678 $661K No change
SNPS Synopsys Inc. 0.18% 1,320 $651K No change
TMO Thermo Fisher Scientific Inc. 0.18% 1,329 $645K No change
BRK.B Berkshire Hathaway Inc. Class B 0.18% 1,277 $642K Add +7.7%
RYAAY Ryanair Holdings PLC-SP ADR 0.18% 10,655 $642K No change
ISRG Intuitive Surgical Inc. 0.18% 1,396 $624K No change
SMFG Sumitomo Mitsui-Spons ADR 0.18% 37,262 $624K No change
MELI MercadoLibre Inc. 0.17% 251 $587K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.17% 4,034 $583K No change
CSX CSX Corp. 0.16% 15,885 $564K No change
IVV iShares Core S&P 500 ETF 0.16% 837 $560K Add +3.6%
PG The Procter & Gamble Co. 0.16% 3,571 $549K No change
EME Emcor Group Inc. 0.15% 842 $547K No change
PLTR Palantir Technologies Inc. Class A 0.15% 2,983 $544K No change
EQIX Equinix Inc. 0.14% 638 $500K No change
UBER Uber Technologies Inc. 0.14% 4,880 $478K No change
CRM Salesforce Inc. 0.13% 2,001 $474K No change
LIN Linde PLC 0.13% 979 $465K No change
MT Arcelormittal-NY Registered 0.13% 12,834 $464K No change
CW Curtiss-Wright Corp. 0.13% 850 $461K No change
RMD Resmed Inc. 0.13% 1,665 $456K No change
RCL Royal Caribbean Cruises Ltd. 0.13% 1,408 $456K No change
NWG Natwest Group PLC -Spon ADR 0.13% 32,160 $455K No change
DHI D.R. Horton Inc. 0.13% 2,670 $452K No change
CBRE CBRE Group Inc. Class A 0.13% 2,825 $445K No change
AMAT Applied Materials Inc. 0.13% 2,167 $444K No change
SF Stifel Financial Corp. 0.12% 3,872 $439K No change
ACGL Arch Capital Group Ltd. 0.12% 4,758 $432K Reduce -36.0%
MPWR Monolithic Power Systems Inc. 0.12% 454 $418K No change
CMI Cummins Inc. 0.12% 980 $414K No change
GSK GSK PLC-Spon ADR 0.12% 9,414 $406K No change
UBS UBS Group AG-Reg 0.12% 9,908 $406K No change
CASY Casey's General Stores Inc. 0.11% 713 $403K No change
COST Costco Wholesale Corp. 0.11% 420 $389K No change
BP BP PLC-Spons ADR 0.11% 11,080 $382K No change
LLY Eli Lilly & Co. 0.11% 495 $378K Reduce -0.2%
DRI Darden Restaurants Inc. 0.11% 1,975 $376K No change
CR Crane Co. 0.11% 2,014 $371K No change
CPNG Coupang Inc. 0.10% 11,138 $359K Reduce -1.5%
CCL Carnival Corp. 0.10% 12,216 $353K No change
TSM Taiwan Semiconductor-SP ADR 0.10% 1,251 $349K No change
MTD Mettler-Toledo International 0.09% 269 $330K No change
LH Labcorp Holdings Inc. 0.09% 1,145 $329K No change
NVT Nvent Electric PLC 0.09% 3,305 $326K No change
BBVA Banco Bilbao Vizcaya-SP ADR 0.09% 16,895 $325K No change
ICE Intercontinental Exchange Inc. 0.09% 1,852 $312K No change

Show all 135 holdings

Portfolio Sells Q2 2025 → Q3 2025
IWN iShares Russell 2000 Value E Reduce -21.0% 1.81% −0.34
UNH Unitedhealth Group Inc. Sold out 0.00% −0.20
PM Philip Morris International Sold out 0.00% −0.17
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.16
IWS iShares Russell Mid-Cap Valu Reduce -2.9% 6.13% −0.16
CPRT Copart Inc. Sold out 0.00% −0.15
MNDY Monday.com Ltd. Sold out 0.00% −0.12
IBN Icici Bank Ltd.-Spon ADR Reduce -53.3% 0.06% −0.09
USFD US Foods Holding Corp. Sold out 0.00% −0.09
SFM Sprouts Farmers Market Inc. Sold out 0.00% −0.08
TEAM Atlassian Corp. Class A Sold out 0.00% −0.08
ACGL Arch Capital Group Ltd. Reduce -36.0% 0.12% −0.08
KEYS Keysight Technologies Inc. Sold out 0.00% −0.08
DXCM Dexcom Inc. Sold out 0.00% −0.08
TSLA Tesla Inc. Reduce -45.2% 0.20% −0.07
DECK Deckers Outdoor Corp. Sold out 0.00% −0.07
HES Hess Corp. Sold out 0.00% −0.07
DT Dynatrace Inc. Sold out 0.00% −0.06
PNFP Pinnacle Financial Partners Sold out 0.00% −0.06
SYK Stryker Corp. Sold out 0.00% −0.06
IWO iShares Russell 2000 Growth Reduce -7.5% 2.49% −0.04
IVW iShares S&P 500 Growth ETF Reduce -69.2% 0.02% −0.04
NVDA Nvidia Corp. Reduce -11.5% 1.39% −0.01
LLY Eli Lilly & Co. Reduce -0.2% 0.11% −0.01
IWR iShares Russell Mid-Cap ETF Reduce -15.0% 0.03% −0.01
IVE iShares S&P 500 Value ETF Reduce -12.6% 0.04% −0.01
CPNG Coupang Inc. Reduce -1.5% 0.10% +0.00

Portfolio Buys Q2 2025 → Q3 2025
IWF iShares Russell 1000 Growth Add +1.6% 29.42% +1.79
IWD iShares Russell 1000 Value E Add +2.7% 16.65% +0.36
EFV iShares MSCI Eafe Value ETF Add +0.7% 7.27% +0.16
IJH iShares Core S&P Midcap ETF Add +26.4% 0.75% +0.16
OAKM Oakmark US Large Cap ETF Add +69.1% 0.36% +0.14
CVX Chevron Corp. Add +22.9% 0.40% +0.08
ALNY Alnylam Pharmaceuticals Inc. New 0.08% +0.08
FBK FB Financial Corp. New 0.06% +0.06
PEN Penumbra Inc. New 0.06% +0.06
VNO Vornado Realty Trust New 0.06% +0.06
BRK.B Berkshire Hathaway Inc. Class B Add +7.7% 0.18% +0.01
IVV iShares Core S&P 500 ETF Add +3.6% 0.16% +0.01
NET Cloudflare Inc. Class A Add +5.1% 0.08% +0.01
EEM iShares MSCI Emerging Market Add +1.4% 0.01% +0.00
SCZ iShares MSCI Eafe Small-Cap Add +0.8% 0.01% +0.00
USRT iShares Core US REIT ETF Add +1.4% 0.01% 0.00
SJNK SS SPDR BB St Hi Yield ETF Add +4.8% 0.06% 0.00
JNK SS SPDR BB High Yield Bond Add +3.4% 0.25% −0.00
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +3.8% 0.57% −0.00
AMP Ameriprise Financial Inc. Add +2.2% 0.55% −0.07
EFG iShares MSCI Eafe Growth ETF Add +0.7% 6.55% −0.18

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