Covalent Partners LLC
- SEC CIK
- 0001531611
- Latest filing
- May 15, 2026
Holdings in Q4 2021
Holdings as of Dec 31, 2021, filed Feb 14, 2022. Long positions only; changes compare share counts with Q3 2021.
- Positions
- 59
- +7 vs. Q3 2021
- Portfolio value
- $67.2M
- +$15.6M (+30.2%) vs. Q3 2021
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| UFPIUfp Industries Inc | COM | 60,000 | $5.52M | 8.2% | −21,000−25.9% | Reduced | History |
| Copa Holdings SA21720AAB8 | NOTE 4.500% 4/1 | – | $5.26M | 7.8% | – | New | – |
| DALDelta Air Lines, Inc. | COM NEW | 123,000 | $4.81M | 7.2% | +43,000+53.8% | Added | History |
| DHIHorton D R Inc | COM | 41,000 | $4.45M | 6.6% | 00.0% | Unchanged | History |
| NCL Corp Ltd62886HAX9 | NOTE 5.375% 8/0 | – | $4.26M | 6.3% | – | New | – |
| BYDBoyd Gaming Corp | COM | 50,000 | $3.28M | 4.9% | +7,000+16.3% | Added | History |
| Cornerstone Building Brands, Inc.21925D109 | COM | 185,000 | $3.23M | 4.8% | 00.0% | Unchanged | – |
| Southwest Airls Co844741BG2 | NOTE 1.250% 5/0 | – | $2.67M | 4.0% | – | New | – |
| MVBFMVB Financial Corp | COM | 55,000 | $2.28M | 3.4% | 00.0% | Unchanged | History |
| HPHelmerich & Payne, Inc. | COM | 93,000 | $2.20M | 3.3% | +30,500+48.8% | Added | History |
| CCVIChurchill Capital Corp VI | COM CL A | 200,000 | $1.96M | 2.9% | 00.0% | Unchanged | History |
| Atlas Crest Investment Corp049287105 | COM CL A | 200,000 | $1.95M | 2.9% | 00.0% | Unchanged | – |
| African Gold Acquisition CorG0112R108 | SHS CL A | 200,000 | $1.94M | 2.9% | 00.0% | Unchanged | – |
| Workday, Inc.98138HAF8 | NOTE 0.250%10/0 | – | $1.86M | 2.8% | – | – | – |
| BBCPConcrete Pumping Holdings, Inc. | COM | 225,000 | $1.84M | 2.7% | 00.0% | Unchanged | History |
| TMACMusic Acquisition Corp | COM CLASS A | 175,000 | $1.71M | 2.5% | 00.0% | Unchanged | History |
| HHCHoward Hughes Corp | COM | 16,000 | $1.63M | 2.4% | 00.0% | Unchanged | History |
| COVA Acquisition Corp.G2554Y104 | CL A SHS | 150,000 | $1.46M | 2.2% | 00.0% | Unchanged | – |
| Skydeck Acquisition Corp.G82220123 | CLASS A ORD SHS | 137,700 | $1.35M | 2.0% | 00.0% | Unchanged | – |
| NEXNextier Oilfield Solutions Inc. | COM | 375,000 | $1.33M | 2.0% | +26,900+7.7% | Added | History |
| LUVSouthwest Airlines Co | COM | 25,000 | $1.07M | 1.6% | +25,000 | New | History |
| Silver Spike Acquisitn CorpG8201H105 | CLASS A ORD SHS | 110,000 | $1.07M | 1.6% | 00.0% | Unchanged | – |
| TZP Strategies Acquistn CorpG91595101 | CL A SHS | 105,000 | $1.03M | 1.5% | 00.0% | Unchanged | – |
| B Riley Principal 150 Merger05601V103 | COM CL A | 100,000 | $1.01M | 1.5% | −50,000−33.3% | Reduced | – |
| CCLCarnival Corp Ltd. | UNIT 99/99/9999 | 50,000 | $1.01M | 1.5% | −67,500−57.4% | Reduced | History |
| Evo Acquisition Corp30052G108 | COM CL A | 100,000 | $970.0K | 1.4% | 00.0% | Unchanged | – |
| CRCCalifornia Resources Corp | COM STOCK | 18,974 | $810.0K | 1.2% | 00.0% | Unchanged | History |
| Monument Circle Acquisitn Co61531M101 | COM CL A | 75,000 | $732.0K | 1.1% | 00.0% | Unchanged | – |
| Silver Crest Acquisition CorG81355102 | CL A SHS | 70,000 | $687.0K | 1.0% | 00.0% | Unchanged | – |
| PRPermian Resources Corp | CL A | 100,000 | $598.0K | 0.9% | 00.0% | Unchanged | History |
| Crypto 1 Acquisition CorpG3168A128 | UNIT 04/30/2028 | 50,000 | $505.0K | 0.8% | +50,000 | New | – |
| Ithax Acquisition CorpG49775102 | CL A SHS | 50,000 | $491.0K | 0.7% | 00.0% | Unchanged | – |
| PDEXPro Dex Inc | COM NEW | 20,000 | $464.0K | 0.7% | 00.0% | Unchanged | History |
| AEAEAltEnergy Acquisition Corp | COM CL A | 45,000 | $443.0K | 0.7% | +45,000 | New | History |
| GTIMGood Times Restaurants Inc. | COM NEW | 45,500 | $197.0K | 0.3% | +45,500 | New | History |
| Cipher Mining Inc17253J114 | *W EXP 10/22/202 | 100,000 | $113.0K | 0.2% | 00.0% | Unchanged | – |
| EVTWFVertical Aerospace Ltd. | *W EXP 09/15/202 | 164,100 | $112.0K | 0.2% | +164,100 | New | History |
| NENoble Corp plc | Equities | 4,475 | $111.0K | 0.2% | 00.0% | Unchanged | History |
| COINCoinbase Global, Inc. | COM CL A | 400 | $101.0K | 0.2% | 00.0% | Unchanged | History |
| B Riley Principal 150 Merger05601V111 | *W EXP 03/01/202 | 65,000 | $94.0K | 0.1% | −2,000−3.0% | Reduced | – |
| African Gold Acquisition CorG0112R124 | *W EXP 03/31/202 | 187,500 | $92.0K | 0.1% | 00.0% | Unchanged | – |
| Silver Crest Acquisition CorG81355128 | *W EXP 12/15/202 | 110,000 | $67.0K | 0.1% | 00.0% | Unchanged | – |
| Atlas Crest Investment Corp049287113 | *W EXP 02/03/202 | 68,294 | $56.0K | 0.1% | 00.0% | Unchanged | – |
| Lumiradx LimitedG5709L117 | *W EXP 09/28/202 | 27,500 | $50.0K | 0.1% | 00.0% | Unchanged | – |
| The Music Acquisition Corp62752R118 | *W EXP 02/05/202 | 87,500 | $49.0K | 0.1% | 00.0% | Unchanged | – |
| Churchill Capital Corp VI17143W119 | *W EXP 02/17/202 | 40,000 | $41.0K | 0.1% | 00.0% | Unchanged | – |
| Skydeck Acquisition Corp.G82220115 | *W EXP 05/13/202 | 45,900 | $38.0K | 0.1% | 00.0% | Unchanged | – |
| COVA Acquisition Corp.G2554Y120 | *W EXP 02/05/202 | 75,000 | $37.0K | 0.1% | 00.0% | Unchanged | – |
| Evo Acquisition Corp30052G116 | *W EXP 01/04/202 | 50,000 | $24.0K | <0.1% | 00.0% | Unchanged | – |
| Silver Spike Acquisitn CorpG8201H113 | *W EXP 02/26/202 | 27,500 | $24.0K | <0.1% | 00.0% | Unchanged | – |
| Monument Circle Acquisitn Co61531M119 | *W EXP 01/14/202 | 37,500 | $19.0K | <0.1% | 00.0% | Unchanged | – |
| TZP Strategies Acquistn CorpG91595119 | *W EXP 01/06/202 | 35,000 | $18.0K | <0.1% | 00.0% | Unchanged | – |
| Novus Capital Corporation II67012W112 | *W EXP 02/02/202 | 10,000 | $13.0K | <0.1% | 00.0% | Unchanged | – |
| Ithax Acquisition CorpG49775128 | *W EXP 02/01/202 | 25,000 | $13.0K | <0.1% | 00.0% | Unchanged | – |
| AEAEWAltEnergy Acquisition Corp | *W EXP 10/29/202 | 22,500 | $13.0K | <0.1% | +22,500 | New | History |
| FTAC Athena Acquisition Corp.G37283119 | *W EXP 03/01/202 | 6,700 | $8.00K | <0.1% | 00.0% | Unchanged | – |
| Edify Acquisition Corp.28059Q111 | *W EXP 11/25/202 | 15,000 | $7.00K | <0.1% | 00.0% | Unchanged | – |
| Fusion Acquisition Corp. II36118N110 | *W EXP 02/29/202 | 4,000 | $2.00K | <0.1% | 00.0% | Unchanged | – |
| Roivant Sciences Ltd.G76279119 | *W EXP 09/30/202 | 100,000 | $0 | 0.0% | +100,000 | New | – |
Options (5)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
Sold out since Q3 2021 (3)
Positions held at the end of Q3 2021 that are gone from this filing.
| Security | Class | Shares in Q3 2021 | Value in Q3 2021 | % of portfolio in Q3 2021 | History |
|---|---|---|---|---|---|
| Broadstone Acquisition CorpG1739V126 | *W EXP 09/15/202 | 164,100 | $177.0K | 0.3% | – |
| Montes Archimedes Acquisitio612657114 | *W EXP 99/99/999 | 100,000 | $149.0K | 0.3% | – |
| CF Acquisition Corp VI12521J111 | *W EXP 02/18/202 | 2,500 | $2.00K | <0.1% | – |