Covenant Asset Management, LLC

13F filer, CIK 1697717, CHESTER, NJ

Covenant Asset Management, LLC reported $635,963,484 across 164 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-12. Its ten largest share positions make up 38.93% of the portfolio.

Filed 2024-11-12 (acceptance time not in the bulk data set), ingested 2026-10-07 18:26:56 UTC13F-HR 0001697717-24-000011

Period: 2024-09-30
Reported value: $636M
Holdings: 164
Top 10 weight: 38.93%
New: 14
Sold out: 13

Largest buys vs the previous quarter

Security	Shares change	Approx. value
AVGOadded	+65,762	$11.3M
SPOTnew	+9,129	$3.36M
JEFnew	+54,216	$3.34M
TWnew	+26,729	$3.31M
DECKadded	+16,985	$2.71M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
DEexited	-12,170	-$4.55M
NBIXexited	-28,343	-$3.9M
MEDPexited	-8,953	-$3.69M
NVDAreduced	-14,768	-$1.79M
MCHPexited	-7,894	-$722K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2024

Share positions as resolved from 13F-HR 0001697717-24-000011, largest first. % of portfolio is the value over $450,956,944, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
NVDANVIDIA CORPORATION	300,454	$36.5M	8.09%	-14,768	Timeline
MSFTMICROSOFT CORP	72,538	$31.2M	6.92%	-316	Timeline
AAPLAPPLE INC	102,222	$23.8M	5.28%	-575	Timeline
AMZNAMAZON COM INC	82,481	$15.4M	3.41%	-1,256	Timeline
TTDTHE TRADE DESK INC	135,609	$14.9M	3.3%	-954	Timeline
AVGOBROADCOM INC	73,287	$12.6M	2.8%	+65,762	Timeline
METAMETA PLATFORMS INC	20,147	$11.5M	2.56%	-184	Timeline
LLYELI LILLY & CO	11,980	$10.6M	2.35%	+74	Timeline
GOOGLALPHABET INC	58,806	$9.75M	2.16%	+222	Timeline
AMDADVANCED MICRO DEVICES INC	56,477	$9.27M	2.05%	+10,313	Timeline
ARISTA NETWORKS INCARISTA NETWORKS INC	23,137	$8.88M	1.97%	+1,646
PANWPALO ALTO NETWORKS INC	25,712	$8.79M	1.95%	-15	Timeline
SHOPSHOPIFY INC	99,105	$7.94M	1.76%	-5,330	Timeline
PWRQUANTA SVCS INC	26,249	$7.83M	1.74%	+75	Timeline
NFLXNETFLIX INC.	10,451	$7.41M	1.64%	+1,736	Timeline
QCOMQUALCOMM INC	40,404	$6.87M	1.52%	-762	Timeline
MRKMERCK & CO INC	59,919	$6.8M	1.51%	+140	Timeline
ASMLASML HLDG NV	8,086	$6.74M	1.49%	+63	Timeline
REGNREGENERON PHARMACEUTICALS	6,343	$6.67M	1.48%	-7	Timeline
NOWSERVICENOW INC	7,282	$6.51M	1.44%	-5	Timeline
SNPSSYNOPSYS INC	12,475	$6.32M	1.4%	-311	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	10,884	$6.24M	1.38%	+326	Timeline
JPMJPMORGAN CHASE & CO	29,185	$6.15M	1.36%	-393	Timeline
VRTXVERTEX PHARMACEUTICALS INC	12,764	$5.94M	1.32%	+118	Timeline
TDGTRANSDIGM GROUP INC	4,113	$5.87M	1.3%	-9	Timeline
KLACKLA CORP	7,229	$5.6M	1.24%	+12	Timeline
ISRGINTUITIVE SURGICAL INC	11,090	$5.45M	1.21%	-6	Timeline
ADPAUTOMATIC DATA PROCESSING IN	18,477	$5.11M	1.13%	-624	Timeline
HWMHOWMET AEROSPACE INC	49,793	$4.99M	1.11%	+220	Timeline
CMGCHIPOTLE MEXICAN GRILL INC	86,473	$4.98M	1.1%	+98	Timeline
ABBVABBVIE INC	24,770	$4.89M	1.08%	-970	Timeline
UNHUNITEDHEALTH GROUP INC	8,009	$4.68M	1.04%	-103	Timeline
ARMARM HOLDINGS PLC	32,312	$4.62M	1.02%	+285	Timeline
LNGCHENIERE ENERGY INC	24,234	$4.36M	0.97%	-165	Timeline
COSTCOSTCO WHOLESALE CORPORATION	4,633	$4.11M	0.91%	0	Timeline
QQQINVESCO QQQ TR	8,378	$4.09M	0.91%	+142	Timeline
UBERUBER TECHNOLOGIES INC	53,651	$4.03M	0.89%	+337	Timeline
ODFLOLD DOMINION FREIGHT LINE IN	17,861	$3.55M	0.79%	+137	Timeline
SPOTSPOTIFY TECHNOLOGY S A	9,129	$3.36M	0.75%	new	Timeline
JEFJEFFERIES FINANCIAL GROUP IN	54,216	$3.34M	0.74%	new	Timeline
TWTRADEWEB MKTS INC	26,729	$3.31M	0.73%	new	Timeline
DECKDECKERS OUTDOOR CORP	20,355	$3.25M	0.72%	+16,985	Timeline
FANGDIAMONDBACK ENERGY INC	18,772	$3.24M	0.72%	+78	Timeline
ORCLORACLE CORP	18,510	$3.15M	0.7%	-500	Timeline
HDHOME DEPOT INC	7,273	$2.95M	0.65%	-179	Timeline
WMWASTE MGMT INC DEL	13,254	$2.75M	0.61%	-472	Timeline
JNJJOHNSON & JOHNSON	16,701	$2.71M	0.6%	-875	Timeline
GOOGALPHABET INC	16,180	$2.71M	0.6%	0	Timeline
BLACKROCK INCBLACKROCK INC	2,787	$2.65M	0.59%	-62
INTUINTUIT	4,249	$2.64M	0.59%	+36	Timeline
ELFE L F BEAUTY INC	22,905	$2.5M	0.55%	+451	Timeline
BXBLACKSTONE INC	15,545	$2.38M	0.53%	-521	Timeline
VUGVANGUARD INDEX FDS	5,585	$2.14M	0.48%	+649	Timeline
MSMORGAN STANLEY	19,308	$2.01M	0.45%	-104	Timeline
VVISA INC	7,319	$2.01M	0.45%	0	Timeline
VTVVANGUARD INDEX FDS	11,505	$2.01M	0.45%	-414	Timeline
EPDENTERPRISE PRODS PARTNERS L	63,604	$1.85M	0.41%	-500	Timeline
VNQVANGUARD INDEX FDS	18,628	$1.81M	0.4%	0	Timeline
VLOVALERO ENERGY CORP	13,243	$1.79M	0.4%	-286	Timeline
TXNTEXAS INSTRS INC	8,420	$1.74M	0.39%	-137	Timeline
AMGNAMGEN INC	5,255	$1.69M	0.38%	-206	Timeline
ETNEATON CORP PLC	4,965	$1.65M	0.36%	+126	Timeline
CVXCHEVRON CORPORATION	11,115	$1.64M	0.36%	+76	Timeline
TMOTHERMO FISHER SCIENTIFIC INC	2,617	$1.62M	0.36%	0	Timeline
HYTBLACKROCK CORPOR HI YLD FD I	158,900	$1.6M	0.35%	+3,513	Timeline
APDAIR PRODUCTS AND CHEMICALS I	5,178	$1.54M	0.34%	-160	Timeline
VTIVANGUARD INDEX FDS	5,192	$1.47M	0.33%	+252	Timeline
PTYPIMCO CORPORATE & INCOME OPP	100,736	$1.45M	0.32%	+12,519	Timeline
ADBEADOBE INC	2,340	$1.21M	0.27%	-25	Timeline
SEDGSOLAREDGE TECHNOLOGIES INC	52,300	$1.2M	0.27%	-10,000	Timeline
FASTFASTENAL CO	16,678	$1.19M	0.26%	-762	Timeline
AFLAFLAC INC	10,160	$1.14M	0.25%	0	Timeline
CATCATERPILLAR INC	2,896	$1.13M	0.25%	-634	Timeline
SBUXSTARBUCKS CORP	11,369	$1.11M	0.25%	-1,465	Timeline
LHXL3HARRIS TECHNOLOGIES INC	4,473	$1.06M	0.24%	-235	Timeline
BACBANK OF AMER CORP	25,541	$1.01M	0.22%	-675	Timeline
VOVANGUARD INDEX FDS	3,832	$1.01M	0.22%	+284	Timeline
COINCOINBASE GLOBAL INC	5,430	$967K	0.21%	0	Timeline
PAYXPAYCHEX INC	7,181	$964K	0.21%	-859	Timeline
RSPINVESCO EXCHANGE TRADED FD T	5,369	$962K	0.21%	+484	Timeline
SDYSPDR SERIES TRUST	6,635	$942K	0.21%	0	Timeline
ETENERGY TRANSFER L P	54,959	$882K	0.2%	-1,915	Timeline
GSLCGOLDMAN SACHS ETF TR	7,540	$852K	0.19%	0	Timeline
DHRDANAHER CORP DEL	2,992	$832K	0.18%	0	Timeline
DGSWISDOMTREE TR	15,437	$829K	0.18%	-300	Timeline
HONHONEYWELL INTL INC	3,941	$815K	0.18%	+81	Timeline
RTXRTX CORPORATION	6,380	$773K	0.17%	0	Timeline
TSCOTRACTOR SUPPLY CO	2,547	$741K	0.16%	-94	Timeline
IYRISHARES TR	7,237	$737K	0.16%	0	Timeline
AMLPALPS ETF TR	15,627	$737K	0.16%	+62	Timeline
MPWRMONOLITHIC PWR SYS INC	742	$686K	0.15%	+478	Timeline
SPLVINVESCO EXCH TRADED FD TR II	9,082	$651K	0.14%	0	Timeline
VYMVANGUARD WHITEHALL FDS	4,985	$639K	0.14%	+7	Timeline
PEPPEPSICO INC	3,743	$636K	0.14%	0	Timeline
AXPAMERICAN EXPRESS CO	2,261	$613K	0.14%	-200	Timeline
VOOVANGUARD INDEX FDS	1,154	$609K	0.14%	-25	Timeline
FVDFIRST TR EXCHANGE-TRADED FD	13,385	$609K	0.14%	+1,385	Timeline
PWBINVESCO EXCHANGE TRADED FD T	6,115	$603K	0.13%	-3	Timeline
ABTABBOTT LABORATORIES	4,983	$568K	0.13%	0	Timeline
TJXTJX COS INC NEW	4,759	$559K	0.12%	-83	Timeline
PGPROCTER & GAMBLE CO	3,216	$557K	0.12%	0	Timeline
VIGVANGUARD SPECIALIZED FUNDS	2,592	$513K	0.11%	-741	Timeline
NXPINXP SEMICONDUCTORS N V	2,063	$495K	0.11%	-189	Timeline
DGRWWISDOMTREE TR	5,934	$494K	0.11%	+62	Timeline
LMTLOCKHEED MARTIN CORP	809	$473K	0.1%	0	Timeline
CARRCARRIER GLOBAL CORPORATION	5,500	$443K	0.1%	-400	Timeline
BTTBLACKROCK MUN TARGET TERM TR	20,350	$440K	0.1%	-2,400	Timeline
NEENEXTERA ENERGY INC	5,030	$425K	0.09%	-73	Timeline
UNPUNION PAC CORP	1,655	$408K	0.09%	0	Timeline
TDTORONTO DOMINION BK ONT	6,342	$401K	0.09%	-600	Timeline
OKEONEOK INC NEW	4,369	$398K	0.09%	0	Timeline
AZNASTRAZENECA PLC-SPONS ADR	5,058	$394K	0.09%	-25	Timeline
IWFISHARES TR	985	$370K	0.08%	0	Timeline
GSGOLDMAN SACHS GROUP INC	737	$365K	0.08%	0	Timeline
MKCMCCORMICK & CO INC	4,430	$365K	0.08%	0	Timeline
JHMMJOHN HANCOCK EXCHANGE TRADED	6,050	$364K	0.08%	0	Timeline
VZVERIZON COMMUNICATIONS INC	8,104	$364K	0.08%	0	Timeline
CQPCHENIERE ENERGY PARTNERS L P	7,295	$355K	0.08%	0	Timeline
PAAPLAINS ALL AMERN PIPELINE L	20,136	$350K	0.08%	-1,900	Timeline
WELLWELLTOWER INC	2,713	$347K	0.08%	+250	Timeline
TSLATESLA INC	1,288	$337K	0.07%	+165	Timeline
VBVANGUARD INDEX FDS	1,309	$311K	0.07%	+346	Timeline
AMJBJPMORGAN CHASE FINL CO LLC	10,789	$307K	0.07%	0	Timeline
PLDPROLOGIS INC.	2,407	$304K	0.07%	-7	Timeline
BLACKROCK MUNICIPAL INCOME …BLACKROCK MUNICIPAL INCOME QUA	24,225	$292K	0.06%	-100
MUBISHARES TR	2,619	$285K	0.06%	+145	Timeline
XBISPDR SERIES TRUST	2,843	$281K	0.06%	0	Timeline
XYZBLOCK INC	4,015	$270K	0.06%	0	Timeline
RDVYFIRST TR EXCHANGE TRADED FD	4,459	$264K	0.06%	new	Timeline
HFXINYLIM ETF TR	8,967	$248K	0.05%	+447	Timeline
VCSHVANGUARD SCOTTSDALE FDS	3,116	$247K	0.05%	0	Timeline
GCCWISDOMTREE TR	12,930	$247K	0.05%	+1,080	Timeline
VONGVANGUARD SCOTTSDALE FDS	2,500	$241K	0.05%	0	Timeline
HDVISHARES TR	2,022	$238K	0.05%	+62	Timeline
WSMWILLIAMS SONOMA INC	1,510	$234K	0.05%	+755	Timeline
IJHISHARES TR	3,640	$227K	0.05%	-875	Timeline
CEFSPROTT ASSET MANAGEMENT LP	9,146	$224K	0.05%	0	Timeline
ARKKARK ETF TR	4,647	$221K	0.05%	0	Timeline
SCHDSCHWAB STRATEGIC TR	2,583	$218K	0.05%	0	Timeline
KNGFIRST TR EXCHANGE-TRADED FD	4,000	$218K	0.05%	0	Timeline
SDVYFIRST TR EXCHANGE TRADED FD	5,900	$215K	0.05%	new	Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

Security	Type	Amount	Value	Change
CMGCHIPOTLE MEXICAN GRILL INC STOK	put	900,000	$51.9M	0
AVGOBROADCOM INC COM	put	210,000	$36.2M	+185,000
NOWSERVICENOW INC COM	put	25,000	$22.4M	+5,000
QQQINVESCO QQQ TR COM	put	25,000	$12.2M	new
REGNREGENERON PHARMACEUTICALS Stock	put	10,000	$10.5M	0
ASMLASML HLDG NV STOK	put	10,000	$8.33M	-500
SPYSTATE STR SPDR S&P 500 ETF T SHS	put	12,500	$7.17M	-37,500
TDGTRANSDIGM GROUP INC Stock	put	5,000	$7.14M	new
NVDANVIDIA CORPORATION COM	call	46,500	$5.65M	+37,000
DECKDECKERS OUTDOOR CORP COM	put	30,000	$4.78M	new
COSTCOSTCO WHOLESALE CORPORATION COM	put	5,000	$4.43M	new
LLYELI LILLY & CO COM	put	5,000	$4.43M	new
NVDANVIDIA CORPORATION COM	put	20,000	$2.43M	new
AVGOBROADCOM INC COM	call	10,000	$1.73M	new
AMZNAMAZON COM INC COM	call	8,000	$1.49M	0
GOOGLALPHABET INC COM	call	6,000	$995K	0
SBUXSTARBUCKS CORP COM	call	10,000	$975K	0
SHOPSHOPIFY INC CL A SUB VTG SHS	call	8,000	$641K	0
TTDTHE TRADE DESK INC STOK	call	5,000	$548K	0
JPMJPMORGAN CHASE & CO COM	call	2,000	$422K	0
AAPLAPPLE INC COM	call	1,000	$233K	0
SEDGSOLAREDGE TECHNOLOGIES INC COM	put	10,000	$229K	new
SEDGSOLAREDGE TECHNOLOGIES INC COM	call	10,000	$229K	new

Sold out in Q3 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
DEDEERE & CO	12,170	$4.55M	shares
SNPSSYNOPSYS INC	7,100	$4.22M	put
SNPSSYNOPSYS INC	7,100	$4.22M	call
NBIXNEUROCRINE BIOSCIENCES INC	28,343	$3.9M	shares
MEDPMEDPACE HLDGS INC	8,953	$3.69M	shares
MSFTMICROSOFT CORP	6,500	$2.91M	put
MSFTMICROSOFT CORP	6,500	$2.91M	call
ARISTA NETWORKS INCARISTA NETWORKS INC	3,000	$1.05M	put
ARISTA NETWORKS INCARISTA NETWORKS INC	3,000	$1.05M	call
MCHPMICROCHIP TECHNOLOGY INC.	7,894	$722K	shares
ASMLASML HLDG NV	500	$511K	call
DKNGDRAFTKINGS INC NEW	5,618	$214K	shares
LAM RESEARCH CORPLAM RESEARCH CORP	198	$211K	shares

How Q3 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001697717-24-000011	base		2024-11-12	acceptance time not in the bulk data set	2026-10-07 18:26:56 UTC