$23.9 Million is the total value of Covalent Partners LLC's 24 reported holdings in Q1 2020. The portfolio turnover from Q4 2019 to Q1 2020 was 82.4% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| GLPI | Buy | GAMING & LEISURE PPTYS INC | $4,018,000 | -11.9% | 145,000 | +36.8% | 16.81% | +28.8% |
| Buy | TESLA INCnote 2.000% 5/1 | $3,648,000 | +141.3% | 2,000,000 | +100.0% | 15.26% | +252.9% | |
| Q2 HLDGS INCnote 0.750% 2/1 | $3,544,000 | -21.9% | 3,000,000 | 0.0% | 14.82% | +14.2% | ||
| RINGCENTRAL INCnote 3/1 | $2,619,000 | +24.9% | 1,000,000 | 0.0% | 10.96% | +82.7% | ||
| NEX | Buy | NEXTIER OILFIELD SOLUTIONS | $2,160,000 | -58.9% | 1,846,200 | +135.2% | 9.04% | -39.9% |
| PXD | Sell | PIONEER NAT RES CO | $1,912,000 | -57.9% | 27,250 | -9.2% | 8.00% | -38.4% |
| WORKDAY INCnote 0.250% 10/0 | $1,108,000 | -13.2% | 1,000,000 | 0.0% | 4.64% | +26.9% | ||
| LENDINGTREE INC NEWnote 0.625% 6/0 | $1,095,000 | -30.0% | 1,000,000 | 0.0% | 4.58% | +2.4% | ||
| USO | New | UNITED STATES OIL FUND LPput | $614,000 | – | 1,603,500 | +100.0% | 2.57% | – |
| UVXY | New | PROSHARES TR IIput | $594,000 | – | 593,100 | +100.0% | 2.48% | – |
| MCRI | New | MONARCH CASINO & RESORT INC | $421,000 | – | 15,000 | +100.0% | 1.76% | – |
| SPY | New | SPDR S&P 500 ETF TRcall | $391,000 | – | 55,000 | +100.0% | 1.64% | – |
| PUMP | PROPETRO HLDG CORP | $325,000 | -77.8% | 130,000 | 0.0% | 1.36% | -67.5% | |
| SPNX | Sell | SUPERIOR ENERGY SVCS INC | $320,000 | -76.8% | 217,500 | -20.9% | 1.34% | -66.0% |
| HYG | Buy | ISHARES TRput | $288,000 | +3500.0% | 160,000 | +48.6% | 1.20% | +5139.1% |
| CNR | Sell | CORNERSTONE BLDG BRANDS INC | $251,000 | -90.2% | 55,000 | -81.7% | 1.05% | -85.6% |
| XLI | New | SELECT SECTOR SPDR TRput | $135,000 | – | 100,000 | +100.0% | 0.56% | – |
| EEM | New | ISHARES TRput | $116,000 | – | 90,000 | +100.0% | 0.48% | – |
| NEBLQ | NOBLE CORP PLC | $81,000 | -78.6% | 309,889 | 0.0% | 0.34% | -68.6% | |
| QQQ | New | INVESCO QQQ TRput | $72,000 | – | 25,000 | +100.0% | 0.30% | – |
| AAL | New | AMERICAN AIRLS GROUP INCput | $66,000 | – | 170,000 | +100.0% | 0.28% | – |
| PXD | New | PIONEER NAT RES COput | $63,000 | – | 20,000 | +100.0% | 0.26% | – |
| IWM | New | ISHARES TRput | $39,000 | – | 325,200 | +100.0% | 0.16% | – |
| CDEV | Sell | CENTENNIAL RESOURCE DEV INCcl a | $26,000 | -97.6% | 100,000 | -56.9% | 0.11% | -96.4% |
| NBR | Exit | NABORS INDUSTRIES LTDcall | $0 | – | -10,000 | -100.0% | 0.00% | – |
| NEXT | Exit | NEXTDECADE CORP | $0 | – | -18,003 | -100.0% | -0.32% | – |
| NBR | Exit | NABORS INDUSTRIES LTD | $0 | – | -187,712 | -100.0% | -1.55% | – |
| IGT | Exit | INTERNATIONAL GAME TECHNOLOG | $0 | – | -141,000 | -100.0% | -6.04% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2020-05-15
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.