Covalent Partners LLC
Follow13F filer, CIK 1531611, CONCORD, MA
Covalent Partners LLC reported $7,473,371 across 10 holdings for the quarter ended 2024-06-30, in a 13F-HR filed 2024-08-14.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001531611-24-000003
- Period
- 2024-06-30
- Reported value
- $7.47M
- Holdings
- 10
- Top 10 weight
- 100%
- New
- 1
- Sold out
- 8
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| Vivid Seats Incadded | +125,000 | $719K |
| NEadded | +12,456 | $556K |
| ALTGnew | +50,000 | $402K |
| CNKadded | +10,000 | $216K |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| PRexited | -100,000 | -$1.77M |
| BOOMexited | -72,000 | -$1.4M |
| PDEXexited | -14,053 | -$247K |
| SURF AIR MOBILITY IN EQUCLA…exited | -250,000 | -$211K |
| NOBLE CORP PLCexited | -6,228 | -$185K |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q2 2024
Share positions as resolved from 13F-HR 0001531611-24-000003, largest first. % of portfolio is the value over $7,473,371, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| CNKCINEMARK HLDGS INC | 135,000 | $2.92M | 39.05% | +10,000 | Timeline | ||
| Vivid Seats IncVivid Seats Inc | 225,000 | $1.29M | 17.31% | +125,000 | |||
| CRCCALIFORNIA RES CORP | 18,974 | $1.01M | 13.51% | 0 | Timeline | ||
| NENOBLE CORP PLC | 16,931 | $756K | 10.12% | +12,456 | Timeline | ||
| ALTGALTA EQUIPMENT GROUP INC | 50,000 | $402K | 5.38% | new | Timeline | ||
| TH INTERNATIONAL LIMITEDTH INTERNATIONAL LIMITED | 26,208 | $19.6K | 0.26% | 0 | |||
| EVTWFVERTICAL AEROSPACE LTD WT PUR | 164,100 | $5.74K | 0.08% | 0 | Timeline | ||
| ECXWWECARX HOLDINGS INC | 75,000 | $2.56K | 0.03% | 0 | Timeline | ||
| ALTENERGY ACQUISITION CORPALTENERGY ACQUISITION CORP | 22,500 | $522 | 0.01% | 0 |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| PETIQ INCPETIQ INC NOTE 4.000% 6/0 | principal | 1,000,000 | $1.06M | 0 |
Sold out in Q2 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| NCL CORP LTDNCL CORP LTD | 3,000,000 | $3.92M | principal |
| PRPERMIAN RESOURCES CORP | 100,000 | $1.77M | shares |
| BOOMDMC GLOBAL INC | 72,000 | $1.4M | shares |
| PDEXPRO-DEX INC COLO | 14,053 | $247K | shares |
| SURF AIR MOBILITY IN EQUCLA…SURF AIR MOBILITY IN EQUCLASS EQU… | 250,000 | $211K | shares |
| NOBLE CORP PLCNOBLE CORP PLC | 6,228 | $185K | shares |
| NOBLE CORP PLCNOBLE CORP PLC | 6,228 | $158K | shares |
| NINE ENERGY SERVICE INCNINE ENERGY SERVICE INC | 10,000 | $22.4K | shares |
How Q2 2024 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001531611-24-000003 | base | 2024-08-14 | acceptance time not in the bulk data set |