Covalent Partners LLC
CIK: 0001531611SEC EDGAR →
Portfolio Value
$22.6M
Holdings
12
As of
Q4 2025
New Positions
8
Closed Positions
1
Portfolio Value History
Top 10 Holdings
| Rank | Stock | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | IWMPut ISHARES TR | 45,500 | $11.2M | 49.49% |
| 2 | CINEMARK HLDGS INC | 84,500 | $2.0M | 8.67% |
| 3 | PENN ENTERTAINMENT INC | 110,000 | $1.6M | 7.17% |
| 4 | UFP INDUSTRIES INC | 16,000 | $1.5M | 6.43% |
| 5 | GREENE CNTY BANCORP INC | 63,000 | $1.4M | 6.19% |
| 6 | TOPGOLF CALLAWAY BRANDS CORP | 1,000,000 | $993K | 4.39% |
| 7 | SR BANCORP INC | 60,000 | $944K | 4.17% |
| 8 | CALIFORNIA RES CORP | 18,974 | $848K | 3.75% |
| 9 | PATRICK INDS INC | 500,000 | $848K | 3.75% |
| 10 | MARCUS CORP DEL | 50,000 | $775K | 3.42% |
Quarterly Changes
Top Sells
MCS↓ Decreased
$1.8M
ROCKCLOSED
$1.7M
PATK 1.75 12/01/28↓ Decreased
$1.6M
EPR 5.75 PERP CCLOSED
$1.4M
SPHR 3.5 12/01/28CLOSED
$945K
New Positions (1)
$573K · 33K shares
Closed Positions (7)
$1.7M · 27K shares
$1.4M · 55K shares
$945K · 500K shares
$676K · 25K shares
$631K · 20K shares
$450K · 800 shares
$435K · 150K shares
Sector Breakdown
| Sector | # Holdings | Value | % |
|---|---|---|---|
| Financial Services | 4 | $14.1M | 62.4% |
| Communication Services | 2 | $2.7M | 12.1% |
| Unknown | 2 | $1.8M | 8.1% |
| Consumer Cyclical | 2 | $1.6M | 7.2% |
| Basic Materials | 1 | $1.5M | 6.4% |
| Energy | 1 | $848K | 3.7% |