Latest Covalent Partners LLC Stock Portfolio
$22.90Million
Equity Portfolio Value
Last Reported on: 14 Feb, 2024
About Covalent Partners LLC and it’s 13F Hedge Fund Stock Holdings
Covalent Partners LLC is a hedge fund based in Concord, MA. On 12-May-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $93.7 Millions. In it's latest 13F Holdings report, Covalent Partners LLC reported an equity portfolio of $31.3 Millions as of 30 Sep, 2023.
The top stock holdings of Covalent Partners LLC are AGG, CNK, PR. The fund has invested 13.5% of it's portfolio in ISHARES TR 7-10 YR TRSY BD and 5.9% of portfolio in CINEMARK HLDGS INC.
The fund managers got completely rid off SOUTHWEST AIRLS CO (LUV), BALLYS CORPORATION (BALY) and ROIVANT SCIENCES LTD (ROIV) stocks. They significantly reduced their stock positions in DELTA AIR LINES INC DEL (DAL) and CARROLS RESTAURANT GROUP INC (TAST). Covalent Partners LLC opened new stock positions in CINEMARK HLDGS INC (CNK) and SURF AIR MOBILITY INC. The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR 7-10 YR TRSY BD (AGG).
The top stock holdings of Covalent Partners LLC are AGG, CNK, PR. The fund has invested 13.5% of it's portfolio in ISHARES TR 7-10 YR TRSY BD and 5.9% of portfolio in CINEMARK HLDGS INC.
The fund managers got completely rid off SOUTHWEST AIRLS CO (LUV), BALLYS CORPORATION (BALY) and ROIVANT SCIENCES LTD (ROIV) stocks. They significantly reduced their stock positions in DELTA AIR LINES INC DEL (DAL) and CARROLS RESTAURANT GROUP INC (TAST). Covalent Partners LLC opened new stock positions in CINEMARK HLDGS INC (CNK) and SURF AIR MOBILITY INC. The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR 7-10 YR TRSY BD (AGG).
New Buys
| Ticker | $ Bought |
|---|---|
| ISHARES TR IBOXX HI YD ETF | 4,179,060 |
| ISHARES TR RUSSELL 2000 ETF | 2,283,080 |
| CIPHER MINING INC | 206,500 |
| NINE ENERGY SERVICE INC | 26,800 |
New stocks bought by Covalent Partners LLC
Additions
| Ticker | % Inc. |
|---|---|
| DELTA AIR LINES INC DEL | 36.67 |
Additions to existing portfolio by Covalent Partners LLC
Reductions
| Ticker | % Reduced |
|---|---|
| NOBLE CORP PLC | -72.03 |
| CINEMARK HLDGS INC | -40.00 |
| GOOD TIMES RESTAURANTS INC | -37.45 |
| PRO-DEX INC COLO | -23.35 |
Covalent Partners LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| NINE ENERGY SERVICE INC | -1,854,120 |
| CIPHER MINING INC | -42,800 |
| CARROLS RESTAURANT GROUP INC | -494,250 |
| ISHARES TR 7-10 YR TRSY BD | -4,229,170 |
| CHURCHILL CAPITAL CORP VI | -6,400 |
Covalent Partners LLC got rid off the above stocks
Current Stock Holdings of Covalent Partners LLC
Last Reported on: 14 Feb, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| AAXJ | ISHARES TR IBOXX HI YD ETF | 18.25 | 54,000 | 4,179,060 | NEW | ||
| AEAE | ALTENERGY ACQUISITION CORP | 0.00 | 22,500 | 833 | UNCHANGED | 0.00 | |
| AGG | ISHARES TR RUSSELL 2000 ETF | 9.97 | 11,375 | 2,283,080 | NEW | ||
| AGG | ISHARES TR 7-10 YR TRSY BD | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| BLCO | BAUSCH PLUS LOMB CORP | 0.91 | 12,200 | 208,132 | UNCHANGED | 0.00 | |
| CCVI | CHURCHILL CAPITAL CORP VI | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| CIFR | CIPHER MINING INC | 0.90 | 50,000 | 206,500 | NEW | ||
| CIFR | CIPHER MINING INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| CNK | CINEMARK HLDGS INC | 3.69 | 60,000 | 845,400 | REDUCED | -40.00 | |
| CRC | CALIFORNIA RES CORP | 4.53 | 18,974 | 1,037,500 | UNCHANGED | 0.00 | |
| DAL | DELTA AIR LINES INC DEL | 7.20 | 41,000 | 1,649,430 | ADDED | 36.67 | |
| EAC | EDIFY ACQUISITION CORP | 0.00 | 15,000 | 216 | UNCHANGED | 0.00 | |
| EVTL | VERTICAL AEROSPACE LTD | 0.04 | 164,100 | 9,304 | UNCHANGED | 0.00 | |
| FAZE | FAZE HOLDINGS INC | 0.00 | 65,000 | 280 | UNCHANGED | 0.00 | |
| GTIM | GOOD TIMES RESTAURANTS INC | 1.02 | 91,894 | 233,411 | REDUCED | -37.45 | |
| LMDX | LUMIRADX LTD | 0.00 | 27,500 | 237 | UNCHANGED | 0.00 | |
| NINE | NINE ENERGY SERVICE INC | 0.12 | 10,000 | 26,800 | NEW | ||
| NINE | NINE ENERGY SERVICE INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| PDEX | PRO-DEX INC COLO | 1.20 | 15,653 | 274,241 | REDUCED | -23.35 | |
| PR | PERMIAN RESOURCES CORP | 5.94 | 100,000 | 1,360,000 | UNCHANGED | 0.00 | |
| TAST | CARROLS RESTAURANT GROUP INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| THCH | TH INTERNATIONAL LIMITED | 0.20 | 26,208 | 45,864 | UNCHANGED | 0.00 | |
| NCL CORP LTD | 22.41 | 4,000,000 | 5,132,000 | UNCHANGED | 0.00 | ||
| SURF AIR MOBILITY INC | 1.01 | 150,000 | 232,500 | UNCHANGED | 0.00 | ||
| NOBLE CORP PLC | 0.94 | 4,475 | 215,516 | REDUCED | -72.03 | ||
| NOBLE CORP PLC | 0.80 | 6,228 | 182,979 | UNCHANGED | 0.00 | ||
| NOBLE CORP PLC | 0.70 | 6,228 | 161,442 | UNCHANGED | 0.00 | ||
| ECARX HOLDINGS INC | 0.01 | 75,000 | 2,250 | UNCHANGED | 0.00 |