Latest Covalent Partners LLC Stock Portfolio
$13.06Million
Equity Portfolio Value
Last Reported on: 15 May, 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 $13.1 Millions as of 31 Mar, 2024.
The top stock holdings of Covalent Partners LLC are CNK, PR, BOOM. The fund has invested 17.2% of it's portfolio in CINEMARK HLDGS INC and 13.5% of portfolio in PERMIAN RESOURCES CORP.
The fund managers got completely rid off ISHARES TR IBOXX HI YD ETF (AAXJ), DELTA AIR LINES INC DEL (DAL) and GOOD TIMES RESTAURANTS INC (GTIM) stocks. They significantly reduced their stock positions in PRO-DEX INC COLO (PDEX). Covalent Partners LLC opened new stock positions in DMC GLOBAL INC (BOOM) and VIVID SEATS INC (SEAT). The fund showed a lot of confidence in some stocks as they added substantially to CINEMARK HLDGS INC (CNK) and SURF AIR MOBILITY INC.
The top stock holdings of Covalent Partners LLC are CNK, PR, BOOM. The fund has invested 17.2% of it's portfolio in CINEMARK HLDGS INC and 13.5% of portfolio in PERMIAN RESOURCES CORP.
The fund managers got completely rid off ISHARES TR IBOXX HI YD ETF (AAXJ), DELTA AIR LINES INC DEL (DAL) and GOOD TIMES RESTAURANTS INC (GTIM) stocks. They significantly reduced their stock positions in PRO-DEX INC COLO (PDEX). Covalent Partners LLC opened new stock positions in DMC GLOBAL INC (BOOM) and VIVID SEATS INC (SEAT). The fund showed a lot of confidence in some stocks as they added substantially to CINEMARK HLDGS INC (CNK) and SURF AIR MOBILITY INC.
New Buys
| Ticker | $ Bought |
|---|---|
| DMC GLOBAL INC | 1,403,280 |
| PETIQ INC | 991,900 |
| VIVID SEATS INC | 599,000 |
New stocks bought by Covalent Partners LLC
Additions
| Ticker | % Inc. |
|---|---|
| CINEMARK HLDGS INC | 108 |
| SURF AIR MOBILITY INC | 66.67 |
Additions to existing portfolio by Covalent Partners LLC
Reductions
| Ticker | % Reduced |
|---|---|
| NCL CORP LTD | -25.00 |
| PRO-DEX INC COLO | -10.22 |
Covalent Partners LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| GOOD TIMES RESTAURANTS INC | -233,411 |
| FAZE HOLDINGS INC | -280 |
| ISHARES TR IBOXX HI YD ETF | -4,179,060 |
| CIPHER MINING INC | -206,500 |
| DELTA AIR LINES INC DEL | -1,649,430 |
| LUMIRADX LTD | -237 |
| EDIFY ACQUISITION CORP | -216 |
| BAUSCH PLUS LOMB CORP | -208,132 |
Covalent Partners LLC got rid off the above stocks
Current Stock Holdings of Covalent Partners LLC
Last Reported on: 15 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| AAXJ | ISHARES TR IBOXX HI YD ETF | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| AEAE | ALTENERGY ACQUISITION CORP | 0.01 | 22,500 | 1,127 | UNCHANGED | 0.00 | |
| BLCO | BAUSCH PLUS LOMB CORP | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| BOOM | DMC GLOBAL INC | 10.74 | 72,000 | 1,403,280 | NEW | ||
| CIFR | CIPHER MINING INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| CNK | CINEMARK HLDGS INC | 17.20 | 125,000 | 2,246,250 | ADDED | 108 | |
| CRC | CALIFORNIA RES CORP | 8.01 | 18,974 | 1,045,470 | UNCHANGED | 0.00 | |
| DAL | DELTA AIR LINES INC DEL | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| EAC | EDIFY ACQUISITION CORP | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| EVTL | VERTICAL AEROSPACE LTD | 0.10 | 164,100 | 13,128 | UNCHANGED | 0.00 | |
| FAZE | FAZE HOLDINGS INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| GTIM | GOOD TIMES RESTAURANTS INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| LMDX | LUMIRADX LTD | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| NINE | NINE ENERGY SERVICE INC | 0.17 | 10,000 | 22,400 | UNCHANGED | 0.00 | |
| PDEX | PRO-DEX INC COLO | 1.89 | 14,053 | 247,333 | REDUCED | -10.22 | |
| PETQ | PETIQ INC | 7.60 | 1,000,000 | 991,900 | NEW | ||
| PR | PERMIAN RESOURCES CORP | 13.52 | 100,000 | 1,766,000 | UNCHANGED | 0.00 | |
| SEAT | VIVID SEATS INC | 4.59 | 100,000 | 599,000 | NEW | ||
| THCH | TH INTERNATIONAL LIMITED | 0.23 | 26,208 | 30,139 | UNCHANGED | 0.00 | |
| NCL CORP LTD | 30.02 | 3,000,000 | 3,921,000 | REDUCED | -25.00 | ||
| NOBLE CORP PLC | 1.66 | 4,475 | 216,993 | UNCHANGED | 0.00 | ||
| SURF AIR MOBILITY INC | 1.61 | 250,000 | 210,750 | ADDED | 66.67 | ||
| NOBLE CORP PLC | 1.42 | 6,228 | 184,785 | UNCHANGED | 0.00 | ||
| NOBLE CORP PLC | 1.21 | 6,228 | 158,191 | UNCHANGED | 0.00 | ||
| ECARX HOLDINGS INC | 0.02 | 75,000 | 2,250 | UNCHANGED | 0.00 |