Cove Private Wealth, LLC

Fundamental diversified ★Signal CIK 2015131
League rank
#413
in Fundamental diversified · #2358 overall
Long book
$440.4M
Q1 2026
Positions
185
Top-10 weight
51%
concentration
Last quarter
+13.4%
SPY +14.8%
Turnover
18%
of book per quarter

Strategy in plain words

auto-generated from filings

Cove Private Wealth, LLC is a diversified fundamental manager, running a $440.4M US long book across 185 positions.

The portfolio is concentrated: the top 10 names carry 51% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: UNITED PARCEL SERVICE-CL B, APPLE INC, NVIDIA CORP, MICROSOFT CORP, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 0.1pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+6.5%
Q2 2024
+3.6%
Q3 2024
+3.9%
Q4 2024
-6.2%
Q1 2025
+11.4%
Q2 2025
+9.5%
Q3 2025
+3.9%
Q4 2025
-4.5%
Q1 2026
+13.4%

Sector allocation

Technology
42%
Industrials
23%
Consumer discretionary
11%
Financials
7%
Healthcare
6%
Services media
4%
Other
3%
Energy
3%

Long book by quarter

$117.1M
Q1 2024
$125.1M
Q2 2024
$128.9M
Q3 2024
$165.7M
Q4 2024
$190.2M
Q1 2025
$283.6M
Q2 2025
$314.3M
Q3 2025
$335.8M
Q4 2025
$440.4M
Q1 2026

What does Cove Private own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
UPS UNITED PARCEL SERVICE-CL BIndustrials671.3K$66.0M15.0%+887.5%
AAPL APPLE INCTechnology134.7K$34.2M7.8%+13.6%
NVDA NVIDIA CORPTechnology179.1K$31.2M7.1%+20.2%
MSFT MICROSOFT CORPTechnology57.4K$21.3M4.8%+16.9%
AMZN AMAZON.COM INCConsumer discretionary81.2K$16.9M3.8%+20.1%
GOOGL ALPHABET INC-CL ATechnology51.5K$14.8M3.4%+8.1%
GOOG ALPHABET INC-CL CTechnology51.5K$14.8M3.4%+32.6%
JPM JPMORGAN CHASE & COFinancials31.3K$9.2M2.1%+3.9%
AVGO BROADCOM INCTechnology27.8K$8.6M2.0%+4.2%
MA MASTERCARD INC - AServices media12.1K$6.1M1.4%+52.8%
HD HOME DEPOT INCConsumer discretionary14.1K$4.6M1.1%+11.8%
COST COSTCO WHOLESALE CORPConsumer discretionary4.6K$4.6M1.0%+32.9%
MCK MCKESSON CORPConsumer discretionary5.1K$4.5M1.0%+2.1%
V VISA INC-CLASS A SHARESServices media13.8K$4.2M0.9%+20.0%
MRVL MARVELL TECHNOLOGY INCTechnology42.1K$4.2M0.9%+0.9%
META META PLATFORMS INC-CLASS ATechnology7.2K$4.1M0.9%+41.4%
XOM EXXON MOBIL CORPEnergy24.2K$4.1M0.9%+10.7%
JNJ JOHNSON & JOHNSONHealthcare15.8K$3.9M0.9%+8.4%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials7.5K$3.6M0.8%+41.3%
CAT CATERPILLAR INCIndustrials4.6K$3.3M0.7%+81.7%
WMT WALMART INCConsumer discretionary25.3K$3.1M0.7%Held
PH PARKER HANNIFIN CORPIndustrials3.3K$2.9M0.7%Held
ABBV ABBVIE INCHealthcare12.2K$2.7M0.6%+9.6%
AME AMETEK INCTechnology12.3K$2.6M0.6%Held
CVX CHEVRON CORPEnergy12.4K$2.6M0.6%+28.3%
AMAT APPLIED MATERIALS INCTechnology7.4K$2.5M0.6%+0.3%
APH AMPHENOL CORP-CL ATechnology19.4K$2.5M0.6%+37.9%
ALB ALBEMARLE CORPMaterials13.4K$2.4M0.5%Held
CRM SALESFORCE INCTechnology12.6K$2.4M0.5%+36.0%
PFE PFIZER INCHealthcare84.0K$2.4M0.5%+1.4%
CSCO CISCO SYSTEMS INCTechnology29.8K$2.3M0.5%+3.4%
AMP AMERIPRISE FINANCIAL INCFinancials5.0K$2.2M0.5%Held
DHR DANAHER CORPTechnology10.4K$2.0M0.4%+85.6%
GILD GILEAD SCIENCES INCHealthcare14.1K$2.0M0.4%Held
TMO THERMO FISHER SCIENTIFIC INCOther4.0K$2.0M0.4%+2.6%
DE DEERE & COIndustrials3.4K$1.9M0.4%+1.1%
PEP PEPSICO INCConsumer staples11.3K$1.8M0.4%+3.5%
DIS WALT DISNEY CO/THEServices media17.9K$1.7M0.4%Held
PG PROCTER & GAMBLE CO/THEOther11.6K$1.7M0.4%+11.2%
ICE INTERCONTINENTAL EXCHANGE INFinancials10.6K$1.7M0.4%+43.0%
ORCL ORACLE CORPTechnology10.8K$1.6M0.4%-0.9%
NSC NORFOLK SOUTHERN CORPIndustrials5.5K$1.6M0.4%Held
ADBE ADOBE INCTechnology6.5K$1.6M0.4%-14.3%
MCD MCDONALD'S CORPConsumer discretionary4.9K$1.5M0.3%+2.0%
UBER UBER TECHNOLOGIES INCServices media20.2K$1.5M0.3%+23.3%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials2$1.4M0.3%Held
TJX TJX COMPANIES INCConsumer discretionary8.9K$1.4M0.3%+55.0%
QCOM QUALCOMM INCTechnology11.0K$1.4M0.3%+1.0%
ABT ABBOTT LABORATORIESHealthcare13.4K$1.4M0.3%+8.8%
GEV GE VERNOVA INCIndustrials1.6K$1.4M0.3%+5.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 2026185$440.4M canonicalSEC ↗
Q4 202513F-HRJan 23, 2026159$335.8M canonicalSEC ↗
Q3 202513F-HRNov 6, 2025157$315.7M canonicalSEC ↗
Q2 202513F-HRJul 16, 2025156$283.6M canonicalSEC ↗
Q1 202513F-HRMay 12, 2025121$190.2M canonicalSEC ↗
Q4 202413F-HRJan 16, 2025107$166.5M canonicalSEC ↗
Q3 202413F-HROct 25, 202476$128.9M canonicalSEC ↗
Q2 202413F-HRJul 24, 202475$125.1M canonicalSEC ↗
Q1 202413F-HRMay 1, 202475$117.1M canonicalSEC ↗