$147 Million is the total value of Covalent Partners LLC's 27 reported holdings in Q3 2017. The portfolio turnover from Q2 2017 to Q3 2017 was 73.1% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| UFPI | Sell | UNIVERSAL FST PRODS INC | $17,543,000 | -25.4% | 178,721 | -33.7% | 11.91% | +6.9% |
| BMCH | Sell | BMC STK HLDGS INC | $12,554,000 | -22.6% | 588,004 | -20.7% | 8.52% | +11.0% |
| SPNV | Sell | SUPERIOR ENERGY SVCS INC | $10,837,000 | -18.3% | 1,014,681 | -20.2% | 7.36% | +17.1% |
| DHI | Sell | D R HORTON INC | $9,422,000 | -43.8% | 235,973 | -51.4% | 6.40% | -19.5% |
| MHO | Sell | M/I HOMES INC | $9,204,000 | -20.1% | 344,316 | -14.7% | 6.25% | +14.5% |
| MPW | Buy | MEDICAL PPTYS TRUST INC | $8,570,000 | +34.0% | 652,702 | +31.3% | 5.82% | +92.1% |
| GLPI | Sell | GAMING & LEISURE PPTYS INC | $8,565,000 | -15.1% | 232,187 | -13.3% | 5.81% | +21.7% |
| EGC | Sell | ENERGY XXI GULF COAST INC | $8,226,000 | -60.0% | 795,567 | -28.2% | 5.58% | -42.7% |
| ALLY | Sell | ALLY FINL INC | $7,568,000 | -35.3% | 311,955 | -44.3% | 5.14% | -7.2% |
| AJX | Sell | GREAT AJAX CORP | $7,048,000 | -47.6% | 500,245 | -48.0% | 4.78% | -24.9% |
| LEN | Sell | LENNAR CORPcl a | $6,614,000 | -23.4% | 125,271 | -22.6% | 4.49% | +9.8% |
| TESLA INCnote 2.375% 3/1 | $6,141,000 | -2.2% | 5,000,000 | 0.0% | 4.17% | +40.1% | ||
| CJ | New | C&J ENERGY SVCS INC NEW | $5,994,000 | – | 200,000 | +100.0% | 4.07% | – |
| WFTIQ | Sell | WEATHERFORD INTL PLC | $4,334,000 | -44.5% | 946,304 | -53.1% | 2.94% | -20.5% |
| PGEM | New | PLY GEM HLDGS INC | $3,831,000 | – | 224,694 | +100.0% | 2.60% | – |
| NBR | New | NABORS INDUSTRIES LTD | $3,588,000 | – | 444,556 | +100.0% | 2.44% | – |
| PUMP | New | PROPETRO HLDG CORP | $2,756,000 | – | 192,072 | +100.0% | 1.87% | – |
| NEXT | New | NEXTDECADE CORP | $2,587,000 | – | 274,649 | +100.0% | 1.76% | – |
| PHM | Sell | PULTE GROUP INC | $2,576,000 | -33.2% | 94,269 | -40.0% | 1.75% | -4.3% |
| C | Sell | CITIGROUP INC | $2,205,000 | -41.1% | 30,311 | -45.9% | 1.50% | -15.6% |
| PXD | New | PIONEER NAT RES CO | $2,117,000 | – | 14,350 | +100.0% | 1.44% | – |
| CRCQQ | Sell | CALIFORNIA RES CORP | $1,910,000 | -34.0% | 182,564 | -46.0% | 1.30% | -5.3% |
| CYH | Sell | COMMUNITY HEALTH SYS INC NEW | $1,266,000 | -83.7% | 164,795 | -78.8% | 0.86% | -76.6% |
| USO | New | UNITED STATES OIL FUND LPput | $813,000 | – | 3,495,000 | +100.0% | 0.55% | – |
| NEXTW | New | NEXTDECADE CORP*w exp 07/23/202 | $756,000 | – | 812,417 | +100.0% | 0.51% | – |
| IWM | New | ISHARES TRput | $221,000 | – | 230,000 | +100.0% | 0.15% | – |
| QQQ | New | POWERSHARES QQQ TRUSTput | $87,000 | – | 140,000 | +100.0% | 0.06% | – |
| HRMN | Exit | HARMONY MERGER CORP | $0 | – | -182,232 | -100.0% | 0.00% | – |
| JCPNQ | Exit | PENNEY J C INCcall | $0 | – | -757,600 | -100.0% | -0.04% | – |
| HRMNU | Exit | HARMONY MERGER CORPunit 99/99/9999 | $0 | – | -90,000 | -100.0% | -0.15% | – |
| HRMNW | Exit | HARMONY MERGER CORP*w exp 01/01/202 | $0 | – | -720,000 | -100.0% | -0.27% | – |
| Exit | MERITAGE HOMES CORPnote 1.875% 9/1 | $0 | – | -600,000 | -100.0% | -0.29% | – | |
| Exit | TOLL BROS FIN CORPnote 0.500% 9/1 | $0 | – | -3,000,000 | -100.0% | -1.42% | – | |
| BASX | Exit | BASIC ENERGY SVCS INC NEW | $0 | – | -198,216 | -100.0% | -2.34% | – |
| TOL | Exit | TOLL BROTHERS INC | $0 | – | -136,361 | -100.0% | -2.55% | – |
| LGIH | Exit | LGI HOMES INC | $0 | – | -295,109 | -100.0% | -5.61% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2017-11-14
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| GAMING & LEISURE PPTYS INC | 27 | Q2 2020 | 19.0% |
| D R HORTON INC | 23 | Q2 2022 | 8.3% |
| ISHARES TR RUSSELL 2000 ETF | 22 | Q3 2023 | 44.5% |
| CITIGROUP INC | 19 | Q4 2017 | 9.4% |
| LENNAR CORP | 18 | Q1 2019 | 7.2% |
| GENERAL MTRS CO | 16 | Q1 2017 | 9.6% |
| M/I HOMES INC | 16 | Q1 2018 | 6.2% |
| CENTENNIAL RESOURCE DEV INC | 16 | Q2 2022 | 3.4% |
| PULTE GROUP INC | 15 | Q3 2017 | 8.8% |
| PIONEER NAT RES CO | 14 | Q4 2020 | 13.8% |
View Covalent Partners LLC's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Great Ajax Corp. | February 14, 2017 | 1,102,762 | 5.9% |
| Harmony Merger Corp. | February 12, 2016 | 810,000 | 5.4% |
| New Home Co Inc. | February 12, 2016 | 1,458,441 | 7.3% |
| WILLIAM LYON HOMES | February 12, 2016 | 1,522,039 | 5.5% |
| Norcraft Companies, Inc. | February 13, 2015 | 1,105,724 | 6.4% |
| NCI BUILDING SYSTEMS INC | February 14, 2012 | 1,326,971 | 6.5% |
| STONERIDGE INC | February 14, 2012 | 2,254,543 | 8.8% |
View Covalent Partners LLC's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-14 |
| 13F-HR | 2023-11-14 |
| 13F-HR | 2023-08-14 |
| 13F-HR | 2023-05-15 |
| 13F-HR | 2023-02-14 |
| 13F-HR | 2022-11-14 |
| 13F-HR | 2022-08-15 |
| 13F-HR | 2022-05-16 |
| 13F-HR | 2022-02-14 |
| 13F-HR | 2021-11-15 |
View Covalent Partners LLC's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.