Latest Covalent Partners LLC Stock Portfolio
$17.55Million– No. of Holdings #12
Covalent Partners LLC Performance:
2026 Q1: 7.41%YTD: 7.41%2025: -21.83%
Performance for 2026 Q1 is 7.41%, and YTD is 7.41%, and 2025 is -21.83%.
About Covalent Partners LLC and 13F Hedge Fund Stock Holdings
Covalent Partners LLC is a hedge fund based in Concord, MA. On 2026-05-15, the fund reported it's updated stock portfolio. In the 13F Holdings report, Covalent Partners LLC reported an equity portfolio of $17.6 Millions as of 31 Mar, 2026.
The top stock holdings of Covalent Partners LLC are GCBC, PENN, CRC. The fund has invested 8.8% of it's portfolio in GREENE CNTY BANCORP INC and 7.7% of portfolio in PENN ENTERTAINMENT INC.
They significantly reduced their stock positions in CINEMARK HLDGS INC (CNK), UFP INDUSTRIES INC (UFPI) and PENN ENTERTAINMENT INC (PENN). Covalent Partners LLC opened new stock positions in BAUSCH PLUS LOMB CORP (BLCO), BLACKSTONE INC (BX) and MICROSOFT CORP (MSFT). The fund showed a lot of confidence in some stocks as they added substantially to ECB BANCORP INC (ECBK) and GREENE CNTY BANCORP INC (GCBC).
The top stock holdings of Covalent Partners LLC are GCBC, PENN, CRC. The fund has invested 8.8% of it's portfolio in GREENE CNTY BANCORP INC and 7.7% of portfolio in PENN ENTERTAINMENT INC.
They significantly reduced their stock positions in CINEMARK HLDGS INC (CNK), UFP INDUSTRIES INC (UFPI) and PENN ENTERTAINMENT INC (PENN). Covalent Partners LLC opened new stock positions in BAUSCH PLUS LOMB CORP (BLCO), BLACKSTONE INC (BX) and MICROSOFT CORP (MSFT). The fund showed a lot of confidence in some stocks as they added substantially to ECB BANCORP INC (ECBK) and GREENE CNTY BANCORP INC (GCBC).
Covalent Partners LLC Equity Portfolio Value
Last Reported on: 15 May, 2026
Covalent Partners LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Covalent Partners LLC made a return of 7.41% in the last quarter. In trailing 12 months, it's portfolio return was 4.47%.
- Performance
- S&P 500
New Buys
| Ticker | $ Bought |
|---|---|
| live nation entertainment in | 1,519,000 |
| bausch plus lomb corp | 1,033,500 |
| blackstone inc | 804,930 |
| microsoft corp | 740,340 |
New stocks bought by Covalent Partners LLC
Additions
| Ticker | % Inc. |
|---|---|
| ecb bancorp inc | 51.52 |
| greene cnty bancorp inc | 9.52 |
Additions to existing portfolio by Covalent Partners LLC
Reductions
| Ticker | % Reduced |
|---|---|
| cinemark hldgs inc | -70.41 |
| callaway golf co | -50.00 |
| ufp industries inc | -25.00 |
| penn entertainment inc | -18.18 |
Covalent Partners LLC reduced stake in above stock
Sold off
Sector Distribution
Covalent Partners LLC has about 28.2% of it's holdings in Financial Services sector.
- Financial Services
- Communication Services
- Consumer Cyclical
- Energy
- Basic Materials
- Healthcare
- Others
- Technology
| Sector | % |
|---|---|
| Financial Services | 28.2 |
| Communication Services | 13.9 |
| Consumer Cyclical | 11.9 |
| Energy | 11.6 |
| Basic Materials | 9.8 |
| Healthcare | 9.1 |
| Others | 9 |
| Technology | 6.5 |
Market Cap. Distribution
Covalent Partners LLC has about 13.6% of it's portfolio invested in the large-cap and mega-cap stocks.
- MID-CAP
- SMALL-CAP
- UNALLOCATED
- MICRO-CAP
- LARGE-CAP
- MEGA-CAP
| Category | % |
|---|---|
| MID-CAP | 36.8 |
| SMALL-CAP | 33.2 |
| UNALLOCATED | 9 |
| MICRO-CAP | 7.4 |
| LARGE-CAP | 7.1 |
| MEGA-CAP | 6.5 |
Stocks belong to which Index?
About 62.5% of the stocks held by Covalent Partners LLC either belong to S&P 500 or RUSSELL 2000 index.
- RUSSELL 2000
- Others
- S&P 500
| Index | % |
|---|---|
| RUSSELL 2000 | 48.9 |
| Others | 37.4 |
| S&P 500 | 13.6 |
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 12 stocks in it's portfolio. ECBK proved to be the most loss making stock for the portfolio. CRC was the most profitable stock for Covalent Partners LLC last quarter.
Last Reported on: 15 May, 2026| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| BLCO | bausch plus lomb corp | 5.89 | 65,000 | 1,033,500 | new | |||
| BX | blackstone inc | 4.59 | 7,000 | 804,930 | new | |||
| CNK | cinemark hldgs inc | 4.06 | 25,000 | 713,000 | reduced | -70.41 | ||
| CRC | california res corp | 7.48 | 18,974 | 1,313,380 | unchanged | 0.00 | ||
| ECBK | ecb bancorp inc | 4.77 | 50,000 | 836,500 | added | 51.52 | ||
| GCBC | greene cnty bancorp inc | 8.81 | 69,000 | 1,546,290 | added | 9.52 | ||
| LYV | live nation entertainment in | 8.65 | 1,000,000 | 1,519,000 | new | |||
| MCS | marcus corp del | 4.89 | 50,000 | 858,500 | unchanged | 0.00 | ||
| MODG | callaway golf co | 2.85 | 500,000 | 499,500 | reduced | -50.00 | ||
| MSFT | microsoft corp | 4.22 | 2,000 | 740,340 | new | |||
| PATK | patrick inds inc | 4.93 | 500,000 | 865,250 | unchanged | 0.00 | ||
| PENN | penn entertainment inc | 7.71 | 90,000 | 1,352,700 | reduced | -18.18 | ||
| UFPI | ufp industries inc | 6.30 | 12,000 | 1,105,440 | reduced | -25.00 | ||
| sr bancorp inc | 5.77 | 60,000 | 1,012,800 | unchanged | 0.00 | |||
| ecarx holdings inc | 0.02 | 75,000 | 3,900 | unchanged | 0.00 | |||