Covenant Asset Management, LLC Buys Fiserv Inc, Xilinx Inc, Envestnet Inc, Sells First Republic Bank, Axos Financial Inc, NVIDIA Corp

Investment company Covenant Asset Management, LLC (Current Portfolio) buys Fiserv Inc, Xilinx Inc, Envestnet Inc, MarketAxess Holdings Inc, Shopify Inc, sells First Republic Bank, Axos Financial Inc, NVIDIA Corp, Biogen Inc, iShares Core S&P Mid-Cap during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Covenant Asset Management, LLC. As of 2019Q2, Covenant Asset Management, LLC owns 135 stocks with a total value of $192 million. These are the details of the buys and sells.

For the details of Covenant Asset Management, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/covenant+asset+management%2C+llc/current-portfolio/portfolioportfolio

These are the top 5 holdings of Covenant Asset Management, LLC
  1. Amazon.com Inc (AMZN) - 4,822 shares, 4.76% of the total portfolio. Shares added by 15.75%
  2. Microsoft Corp (MSFT) - 58,751 shares, 4.10% of the total portfolio. Shares added by 1.22%
  3. Apple Inc (AAPL) - 29,323 shares, 3.02% of the total portfolio. Shares reduced by 10.17%
  4. Facebook Inc (FB) - 28,686 shares, 2.88% of the total portfolio. Shares added by 6.17%
  5. Merck & Co Inc (MRK) - 60,844 shares, 2.66% of the total portfolio. Shares reduced by 1.93%
New Purchase: Fiserv Inc (FISV)

Covenant Asset Management, LLC initiated holding in Fiserv Inc. The purchase prices were between $82.68 and $91.69, with an estimated average price of $87.57. The stock is now traded at around $94.12. The impact to a portfolio due to this purchase was 1.01%. The holding were 21,216 shares as of .

New Purchase: Xilinx Inc (XLNX)

Covenant Asset Management, LLC initiated holding in Xilinx Inc. The purchase prices were between $101.03 and $139.72, with an estimated average price of $116.63. The stock is now traded at around $120.91. The impact to a portfolio due to this purchase was 0.94%. The holding were 15,326 shares as of .

New Purchase: Envestnet Inc (ENV)

Covenant Asset Management, LLC initiated holding in Envestnet Inc. The purchase prices were between $65.25 and $72.61, with an estimated average price of $68.66. The stock is now traded at around $71.79. The impact to a portfolio due to this purchase was 0.68%. The holding were 19,038 shares as of .

New Purchase: MarketAxess Holdings Inc (MKTX)

Covenant Asset Management, LLC initiated holding in MarketAxess Holdings Inc. The purchase prices were between $246.68 and $339.9, with an estimated average price of $288.67. The stock is now traded at around $368.03. The impact to a portfolio due to this purchase was 0.66%. The holding were 3,949 shares as of .

New Purchase: Shopify Inc (SHOP)

Covenant Asset Management, LLC initiated holding in Shopify Inc. The purchase prices were between $194.75 and $328.01, with an estimated average price of $259.95. The stock is now traded at around $325.32. The impact to a portfolio due to this purchase was 0.64%. The holding were 4,081 shares as of .

New Purchase: IQVIA Holdings Inc (IQV)

Covenant Asset Management, LLC initiated holding in IQVIA Holdings Inc. The purchase prices were between $132.28 and $160.9, with an estimated average price of $140.12. The stock is now traded at around $156.02. The impact to a portfolio due to this purchase was 0.11%. The holding were 1,320 shares as of .

Added: Acacia Communications Inc (ACIA)

Covenant Asset Management, LLC added to a holding in Acacia Communications Inc by 43.69%. The purchase prices were between $44.79 and $61.04, with an estimated average price of $52.58. The stock is now traded at around $64.66. The impact to a portfolio due to this purchase was 0.26%. The holding were 34,644 shares as of .

Added: Incyte Corp (INCY)

Covenant Asset Management, LLC added to a holding in Incyte Corp by 44.70%. The purchase prices were between $73.52 and $88.7, with an estimated average price of $80.18. The stock is now traded at around $80.23. The impact to a portfolio due to this purchase was 0.21%. The holding were 15,497 shares as of .

Added: Abiomed Inc (ABMD)

Covenant Asset Management, LLC added to a holding in Abiomed Inc by 20.96%. The purchase prices were between $250.96 and $284.94, with an estimated average price of $265.27. The stock is now traded at around $260.06. The impact to a portfolio due to this purchase was 0.1%. The holding were 4,369 shares as of .

Added: Fastenal Co (FAST)

Covenant Asset Management, LLC added to a holding in Fastenal Co by 124.65%. The purchase prices were between $30.38 and $35.68, with an estimated average price of $32.98. The stock is now traded at around $30.59. The impact to a portfolio due to this purchase was 0.1%. The holding were 10,664 shares as of .

Added: Alerian MLP (AMLP)

Covenant Asset Management, LLC added to a holding in Alerian MLP by 34.04%. The purchase prices were between $9.57 and $10.07, with an estimated average price of $9.81. The stock is now traded at around $10.07. The impact to a portfolio due to this purchase was 0.06%. The holding were 48,824 shares as of .

Sold Out: First Republic Bank (FRC)

Covenant Asset Management, LLC sold out a holding in First Republic Bank. The sale prices were between $95.27 and $106.36, with an estimated average price of $100.76.

Sold Out: Axos Financial Inc (AX)

Covenant Asset Management, LLC sold out a holding in Axos Financial Inc. The sale prices were between $25.75 and $33.12, with an estimated average price of $29.45.

Sold Out: iShares Core S&P Mid-Cap (IJH)

Covenant Asset Management, LLC sold out a holding in iShares Core S&P Mid-Cap. The sale prices were between $180.31 and $197.09, with an estimated average price of $190.89.

Sold Out: PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fun (STPZ)

Covenant Asset Management, LLC sold out a holding in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fun. The sale prices were between $51.66 and $52.63, with an estimated average price of $52.06.

Sold Out: SPDR Bloomberg Barclays High Yield Bond (JNK)

Covenant Asset Management, LLC sold out a holding in SPDR Bloomberg Barclays High Yield Bond. The sale prices were between $105.16 and $108.96, with an estimated average price of $106.88.

Sold Out: Weyerhaeuser Co (WY)

Covenant Asset Management, LLC sold out a holding in Weyerhaeuser Co. The sale prices were between $22.52 and $27.39, with an estimated average price of $25.39.



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