Latest Covalent Partners LLC Stock Portfolio
Covalent Partners LLC Performance:
2025 Q4: -8.01%YTD: -21.83%2024: 13.32%
Performance for 2025 Q4 is -8.01%, and YTD is -21.83%, and 2024 is 13.32%.
About Covalent Partners LLC and 13F Hedge Fund Stock Holdings
Covalent Partners LLC is a hedge fund based in Concord, MA. On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, Covalent Partners LLC reported an equity portfolio of $22.6 Millions as of 31 Dec, 2025.
The top stock holdings of Covalent Partners LLC are CNK, PENN, UFPI. The fund has invested 8.7% of it's portfolio in CINEMARK HLDGS INC and 7.2% of portfolio in PENN ENTERTAINMENT INC.
The fund managers got completely rid off GIBRALTAR INDS INC (ROCK), CAESARS ENTERTAINMENT INC NE (CZR) and REGENERON PHARMACEUTICALS (REGN) stocks. They significantly reduced their stock positions in MARCUS CORP DEL (MCS), UFP INDUSTRIES INC (UFPI) and CINEMARK HLDGS INC (CNK). Covalent Partners LLC opened new stock positions in ECB BANCORP INC (ECBK). The fund showed a lot of confidence in some stocks as they added substantially to SR BANCORP INC, PENN ENTERTAINMENT INC (PENN) and GREENE CNTY BANCORP INC (GCBC).
The top stock holdings of Covalent Partners LLC are CNK, PENN, UFPI. The fund has invested 8.7% of it's portfolio in CINEMARK HLDGS INC and 7.2% of portfolio in PENN ENTERTAINMENT INC.
The fund managers got completely rid off GIBRALTAR INDS INC (ROCK), CAESARS ENTERTAINMENT INC NE (CZR) and REGENERON PHARMACEUTICALS (REGN) stocks. They significantly reduced their stock positions in MARCUS CORP DEL (MCS), UFP INDUSTRIES INC (UFPI) and CINEMARK HLDGS INC (CNK). Covalent Partners LLC opened new stock positions in ECB BANCORP INC (ECBK). The fund showed a lot of confidence in some stocks as they added substantially to SR BANCORP INC, PENN ENTERTAINMENT INC (PENN) and GREENE CNTY BANCORP INC (GCBC).
Covalent Partners LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Covalent Partners LLC made a return of -8.01% in the last quarter. In trailing 12 months, it's portfolio return was -21.83%.
- Performance
- S&P 500
New Buys
| Ticker | $ Bought |
|---|---|
| ecb bancorp inc | 573,870 |
New stocks bought by Covalent Partners LLC
Additions
| Ticker | % Inc. |
|---|---|
| sr bancorp inc | 49.03 |
| penn entertainment inc | 46.67 |
| greene cnty bancorp inc | 37.94 |
Additions to existing portfolio by Covalent Partners LLC
Reductions
| Ticker | % Reduced |
|---|---|
| marcus corp del | -70.06 |
| patrick inds inc | -66.67 |
| ufp industries inc | -13.51 |
| cinemark hldgs inc | -2.87 |
Covalent Partners LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| sphere entertainment co | -945,000 |
| amc entmt hldgs inc | -435,000 |
| epr pptys | -1,398,650 |
| gibraltar inds inc | -1,695,600 |
| caesars entertainment inc ne | -675,625 |
| epr pptys | -631,200 |
| regeneron pharmaceuticals | -449,816 |
Covalent Partners LLC got rid off the above stocks
Sector Distribution
Covalent Partners LLC has about 28.6% of it's holdings in Communication Services sector.
- Communication Services
- Financial Services
- Consumer Cyclical
- Basic Materials
- Others
- Energy
| Sector | % |
|---|---|
| Communication Services | 28.6 |
| Financial Services | 20.6 |
| Consumer Cyclical | 16.9 |
| Basic Materials | 15.2 |
| Others | 9.9 |
| Energy | 8.8 |
Market Cap. Distribution
Covalent Partners LLC has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.
- MID-CAP
- SMALL-CAP
- UNALLOCATED
- MICRO-CAP
| Category | % |
|---|---|
| MID-CAP | 44.5 |
| SMALL-CAP | 39.6 |
| UNALLOCATED | 9.9 |
| MICRO-CAP | 6 |
Stocks belong to which Index?
About 67.2% of the stocks held by Covalent Partners LLC either belong to S&P 500 or RUSSELL 2000 index.
- RUSSELL 2000
- Others
| Index | % |
|---|---|
| RUSSELL 2000 | 67.2 |
| Others | 32.8 |
Covalent Partners LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Covalent Partners LLC
Covalent Partners LLC has 9 stocks in it's portfolio. PENN proved to be the most loss making stock for the portfolio. was the most profitable stock for Covalent Partners LLC last quarter.
Last Reported on: 17 Feb, 2026| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AMC | amc entmt hldgs inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CNK | cinemark hldgs inc | 8.68 | 84,500 | 1,963,780 | reduced | -2.87 | ||
| CRC | california res corp | 3.75 | 18,974 | 848,328 | unchanged | 0.00 | ||
| CZR | caesars entertainment inc ne | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ECBK | ecb bancorp inc | 2.54 | 33,000 | 573,870 | new | |||
| EPR | epr pptys | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| EPR | epr pptys | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| GCBC | greene cnty bancorp inc | 6.19 | 63,000 | 1,400,490 | added | 37.94 | ||
| MCS | marcus corp del | 3.43 | 50,000 | 775,500 | reduced | -70.06 | ||
| MODG | topgolf callaway brands corp | 4.39 | 1,000,000 | 993,800 | unchanged | 0.00 | ||
| MSGE | sphere entertainment co | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| PATK | patrick inds inc | 3.75 | 500,000 | 848,500 | reduced | -66.67 | ||
| PENN | penn entertainment inc | 7.17 | 110,000 | 1,622,500 | added | 46.67 | ||
| REGN | regeneron pharmaceuticals | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ROCK | gibraltar inds inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| UFPI | ufp industries inc | 6.44 | 16,000 | 1,456,800 | reduced | -13.51 | ||
| sr bancorp inc | 4.17 | 60,000 | 944,400 | added | 49.03 | |||
| ecarx holdings inc | 0.01 | 75,000 | 3,383 | unchanged | 0.00 | |||