Covenant Partners, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 26, 2026), Covenant Partners, LLC reported 135 stock positions worth $342.0 million. Its top holding was iShares Russell 1000 Growth (IWF) at 30.3% of the portfolio, followed by iShares Russell 1000 Value E (IWD, 18.9%) and iShares MSCI Eafe Value ETF (EFV, 7.9%). Compared with Q3 2025, it opened 5 new positions, sold out of 5, added to 26 and reduced 7. The biggest buy was iShares Core S&P Midcap ETF (IJH, shares +675%) and the biggest sale iShares Russell Mid-Cap Valu (IWS, shares −100%).

Most Recent 13F
Q2 2026
Location
Nashville, TN
CIK
0001302739
Portfolio Value
$342.0M (Q4 2025)
SEC Filing
0001398344-26-001250 ↗ filed Jan 26, 2026

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 Q3 2025 Q4 2025: $342.0M $342.0M Q4 2025 Q1 2026: $0 Q1 2026 Q2 2026: $0 Q2 2026

Holdings 135 stocks · $342.0M
IWF iShares Russell 1000 Growth 30.31% 219,004 $103.7M Reduce -1.1%
IWD iShares Russell 1000 Value E 18.93% 307,868 $64.8M Add +6.7%
EFV iShares MSCI Eafe Value ETF 7.95% 380,699 $27.2M Add +0.8%
EFG iShares MSCI Eafe Growth ETF 6.85% 205,602 $23.4M Add +1.4%
IJH iShares Core S&P Midcap ETF 6.05% 313,461 $20.7M Add +674.6%
MSFT Microsoft Corp. 2.10% 14,869 $7.2M Add +0.3%
NVDA Nvidia Corp. 1.44% 26,420 $4.9M Add +0.6%
AAPL Apple Inc. 1.27% 15,969 $4.3M Add +0.8%
ASML ASML Holding NV-NY Reg SHS 0.75% 2,407 $2.6M No change
JPM JPMorgan Chase & Co. 0.70% 7,475 $2.4M Add +0.3%
AMZN Amazon.com Inc. 0.62% 9,164 $2.1M Add +0.6%
OAKM Oakmark US Large Cap ETF 0.58% 70,411 $2.0M Add +49.0%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.58% 24,562 $2.0M No change
AMP Ameriprise Financial Inc. 0.57% 3,968 $1.9M No change
BCS Barclays PLC-Spons ADR 0.57% 76,357 $1.9M No change
META Meta Platforms Inc. Class A 0.55% 2,840 $1.9M Add +0.1%
SNA Snap-on Inc. 0.53% 5,254 $1.8M No change
V Visa Inc. Class A 0.53% 5,140 $1.8M Add +0.3%
ACN Accenture PLC Class A 0.49% 6,222 $1.7M No change
CP Canadian Pacific Kansas City 0.44% 20,591 $1.5M No change
HD Home Depot Inc. 0.44% 4,368 $1.5M No change
RACE Ferrari NV 0.43% 4,025 $1.5M No change
ABBV Abbvie Inc. 0.43% 6,377 $1.5M Add +0.4%
SAP Sap SE-Sponsored ADR 0.41% 5,763 $1.4M No change
CVX Chevron Corp. 0.41% 9,143 $1.4M No change
ING ING Groep N.V.-Sponsored ADR 0.40% 49,131 $1.4M No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.40% 5,288 $1.4M No change
BLK BlackRock Inc. 0.40% 1,264 $1.4M No change
GWW WW Grainger Inc. 0.38% 1,302 $1.3M No change
PAYX Paychex Inc. 0.35% 10,822 $1.2M No change
PANW Palo Alto Networks Inc. 0.35% 6,494 $1.2M No change
NFLX Netflix Inc. 0.35% 12,730 $1.2M Add +0.3%
COF Capital One Financial Corp. 0.34% 4,866 $1.2M No change
STE Steris PLC 0.34% 4,598 $1.2M No change
NVS Novartis AG-Sponsored ADR 0.30% 7,542 $1.0M No change
ABT Abbott Laboratories 0.30% 8,267 $1.0M No change
PHG Koninklijke Philips NVR- NY 0.27% 34,652 $938K No change
JNK SS SPDR BB High Yield Bond 0.26% 9,158 $890K No change
AON Aon PLC Class A 0.25% 2,454 $866K No change
AZN Astrazeneca PLC-Spons ADR 0.25% 9,246 $850K No change
FERG Ferguson Enterprises Inc. 0.25% 3,795 $845K No change
SPGI S&P Global Inc. 0.24% 1,593 $832K Add +0.8%
SE Sea Ltd.-ADR 0.24% 6,487 $828K No change
RJF Raymond James Financial Inc. 0.24% 5,093 $818K No change
ISRG Intuitive Surgical Inc. 0.23% 1,396 $791K No change
TMO Thermo Fisher Scientific Inc. 0.23% 1,344 $779K Add +1.1%
RELX Relx PLC - Spon ADR 0.23% 19,100 $772K No change
RYAAY Ryanair Holdings PLC-SP ADR 0.22% 10,655 $769K No change
FLEX Flex Ltd. 0.22% 12,434 $751K No change
NEE Nextera Energy Inc. 0.21% 9,147 $734K No change
TSLA Tesla Inc. 0.21% 1,610 $724K Add +1.2%
SMFG Sumitomo Mitsui-Spons ADR 0.21% 37,262 $720K No change
ETN Eaton Corp. PLC 0.20% 2,154 $686K No change
BRK.B Berkshire Hathaway Inc. Class B 0.19% 1,323 $665K Add +3.6%
IVV iShares Core S&P 500 ETF 0.19% 936 $641K Add +11.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.18% 4,075 $626K Add +1.0%
SNPS Synopsys Inc. 0.18% 1,320 $620K No change
PGR Progressive Corp. 0.18% 2,678 $610K No change
ZTS Zoetis Inc. 0.18% 4,834 $608K No change
SPOT Spotify Technology SA 0.17% 1,026 $596K Add +0.1%
MT Arcelormittal-NY Registered 0.17% 12,834 $585K No change
CSX CSX Corp. 0.17% 15,885 $576K No change
NWG Natwest Group PLC -Spon ADR 0.16% 32,160 $563K No change
AMAT Applied Materials Inc. 0.16% 2,167 $557K No change
PLTR Palantir Technologies Inc. Class A 0.16% 2,996 $533K Add +0.4%
LLY Eli Lilly & Co. 0.16% 495 $532K No change
CRM Salesforce Inc. 0.15% 2,001 $530K No change
EME Emcor Group Inc. 0.15% 842 $515K No change
PG The Procter & Gamble Co. 0.15% 3,571 $512K No change
MELI MercadoLibre Inc. 0.15% 251 $506K No change
CMI Cummins Inc. 0.15% 980 $500K No change
EQIX Equinix Inc. 0.14% 638 $489K No change
SF Stifel Financial Corp. 0.14% 3,872 $485K No change
CW Curtiss-Wright Corp. 0.14% 850 $469K No change
GSK GSK PLC-Spon ADR 0.14% 9,414 $462K No change
UBS UBS Group AG-Reg 0.13% 9,908 $459K No change
ACGL Arch Capital Group Ltd. 0.13% 4,758 $456K No change
CBRE CBRE Group Inc. Class A 0.13% 2,825 $454K No change
LIN Linde PLC 0.12% 979 $417K No change
MPWR Monolithic Power Systems Inc. 0.12% 454 $411K No change
RMD Resmed Inc. 0.12% 1,665 $401K No change
UBER Uber Technologies Inc. 0.12% 4,881 $399K Add +0.0%
CASY Casey's General Stores Inc. 0.12% 713 $394K No change
BBVA Banco Bilbao Vizcaya-SP ADR 0.12% 16,895 $394K No change
RCL Royal Caribbean Cruises Ltd. 0.11% 1,408 $393K No change
BP BP PLC-Spons ADR 0.11% 11,080 $385K No change
DHI D.R. Horton Inc. 0.11% 2,670 $385K No change
TSM Taiwan Semiconductor-SP ADR 0.11% 1,251 $380K No change
MTD Mettler-Toledo International 0.11% 269 $375K No change
CCL Carnival Corp. 0.11% 12,216 $373K No change
CR Crane Co. 0.11% 2,014 $371K No change
DRI Darden Restaurants Inc. 0.11% 1,975 $363K No change
COST Costco Wholesale Corp. 0.11% 421 $363K Add +0.2%
AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO 0.10% 5,473 $359K New
NVT Nvent Electric PLC 0.10% 3,305 $337K No change
MNST Monster Beverage Corp. 0.09% 4,150 $318K No change
IWB iShares Russell 1000 ETF 0.09% 839 $313K No change
AHCO Adapthealth Corp. 0.09% 30,271 $302K No change
ICE Intercontinental Exchange Inc. 0.09% 1,852 $300K No change
GATX Gatx Corp. 0.09% 1,730 $293K No change
RGA Reinsurance Group of America 0.09% 1,431 $291K No change
LH Labcorp Holdings Inc. 0.08% 1,145 $287K No change
ON On Semiconductor 0.08% 5,020 $272K No change
TTWO Take-Two Interactive Softwre 0.08% 1,050 $269K No change
TTE Totalenergies SE 0.08% 4,081 $267K No change
NET Cloudflare Inc. Class A 0.08% 1,335 $263K No change
CPNG Coupang Inc. 0.08% 11,138 $263K No change
PEN Penumbra Inc. 0.08% 838 $261K No change
SBUX Starbucks Corp. 0.07% 3,032 $255K No change
OLLI Ollie's Bargain Outlet Holdi 0.07% 2,284 $250K No change
ENSG The Ensign Group Inc. 0.07% 1,426 $248K No change
P Everpure Inc. Class A filed as PURE STORAGE INC 0.07% 3,652 $245K No change
ALNY Alnylam Pharmaceuticals Inc. 0.07% 604 $240K No change
CORZ Core Scientific Inc. 0.07% 16,489 $240K Reduce -0.2%
BUD Anheuser-Busch Inbev-SPN ADR 0.07% 3,729 $239K No change
ONB Old National Bancorp 0.07% 10,522 $235K No change
FBK FB Financial Corp. filed as FB FINL CORP 0.07% 4,103 $229K No change
HII Huntington Ingalls Industrie 0.07% 656 $223K New
IBN Icici Bank Ltd.-Spon ADR 0.06% 7,244 $216K No change
NXT Nextpower Inc. 0.06% 2,379 $207K New
CRWD CrowdStrike Holdings Inc. Class A 0.06% 440 $206K No change
MAS Masco Corp. 0.06% 3,238 $205K No change
SJNK SS SPDR BB St Hi Yield ETF 0.06% 7,583 $192K No change
VNLA Janus Henderson Short Durati 0.06% 3,900 $192K New
IVE iShares S&P 500 Value ETF 0.04% 620 $131K Reduce -7.7%
IWR iShares Russell Mid-Cap ETF 0.03% 1,162 $112K No change
JAAA Janus Henderson Aaa Clo ETF 0.02% 1,284 $65K New
IWO iShares Russell 2000 Growth 0.02% 167 $54K Reduce -99.4%
IWN iShares Russell 2000 Value E 0.02% 294 $53K Reduce -99.2%
SCZ iShares MSCI Eafe Small-Cap 0.01% 483 $37K Add +1.1%
USRT iShares Core US REIT ETF 0.01% 592 $34K Add +5.9%
EEM iShares MSCI Emerging Market 0.01% 571 $31K Reduce -0.5%
IWS iShares Russell Mid-Cap Valu 0.01% 191 $27K Reduce -99.9%
IWM iShares Russell 2000 ETF 0.01% 89 $22K No change
LPRO Open Lending Corp. 0.01% 10,990 $17K No change

Portfolio Sells Q3 2025 → Q4 2025
IWS iShares Russell Mid-Cap Valu Reduce -99.9% 0.01% −6.12
IWO iShares Russell 2000 Growth Reduce -99.4% 0.02% −2.47
IWN iShares Russell 2000 Value E Reduce -99.2% 0.02% −1.80
BRO Brown & Brown Inc. Sold out 0.00% −0.06
EHC Encompass Health Corp. Sold out 0.00% −0.06
BAH Booz Allen Hamilton Holdings Sold out 0.00% −0.06
VNO Vornado Realty Trust Sold out 0.00% −0.06
IVW iShares S&P 500 Growth ETF Sold out 0.00% −0.02
CORZ Core Scientific Inc. Reduce -0.2% 0.07% −0.01
IVE iShares S&P 500 Value ETF Reduce -7.7% 0.04% −0.00
EEM iShares MSCI Emerging Market Reduce -0.5% 0.01% +0.00
IWF iShares Russell 1000 Growth Reduce -1.1% 30.31% +0.89

Portfolio Buys Q3 2025 → Q4 2025
IJH iShares Core S&P Midcap ETF Add +674.6% 6.05% +5.30
IWD iShares Russell 1000 Value E Add +6.7% 18.93% +2.28
EFV iShares MSCI Eafe Value ETF Add +0.8% 7.95% +0.68
EFG iShares MSCI Eafe Growth ETF Add +1.4% 6.85% +0.30
OAKM Oakmark US Large Cap ETF Add +49.0% 0.58% +0.23
AAPL Apple Inc. Add +0.8% 1.27% +0.13
AKRE Akre Focus ETF New 0.10% +0.10
HII Huntington Ingalls Industrie New 0.07% +0.07
NXT Nextpower Inc. New 0.06% +0.06
VNLA Janus Henderson Short Durati New 0.06% +0.06
AMZN Amazon.com Inc. Add +0.6% 0.62% +0.05
NVDA Nvidia Corp. Add +0.6% 1.44% +0.05
TMO Thermo Fisher Scientific Inc. Add +1.1% 0.23% +0.04
JPM JPMorgan Chase & Co. Add +0.3% 0.70% +0.04
V Visa Inc. Class A Add +0.3% 0.53% +0.03
IVV iShares Core S&P 500 ETF Add +11.8% 0.19% +0.03
SPGI S&P Global Inc. Add +0.8% 0.24% +0.03
JAAA Janus Henderson Aaa Clo ETF New 0.02% +0.02
TJX TJX Companies Inc. Add +1.0% 0.18% +0.02
BRK.B Berkshire Hathaway Inc. Class B Add +3.6% 0.19% +0.01
TSLA Tesla Inc. Add +1.2% 0.21% +0.01
ABBV Abbvie Inc. Add +0.4% 0.43% +0.01
PLTR Palantir Technologies Inc. Class A Add +0.4% 0.16% +0.00
SCZ iShares MSCI Eafe Small-Cap Add +1.1% 0.01% +0.00
USRT iShares Core US REIT ETF Add +5.9% 0.01% +0.00
COST Costco Wholesale Corp. Add +0.2% 0.11% −0.00
UBER Uber Technologies Inc. Add +0.0% 0.12% −0.02
SPOT Spotify Technology SA Add +0.1% 0.17% −0.03
META Meta Platforms Inc. Class A Add +0.1% 0.55% −0.04
MSFT Microsoft Corp. Add +0.3% 2.10% −0.07
NFLX Netflix Inc. Add +0.3% 0.35% −0.08

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