Covalent Partners LLC
- SEC CIK
- 0001531611
- Latest filing
- May 15, 2026
Holdings in Q2 2022
Holdings as of Jun 30, 2022, filed Aug 15, 2022. Long positions only; changes compare share counts with Q1 2022.
- Positions
- 44
- −11 vs. Q1 2022
- Portfolio value
- $29.4M
- −$30.2M (−50.6%) vs. Q1 2022
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| Copa Holdings SA21720AAB8 | NOTE 4.500% 4/1 | – | $4.26M | 14.5% | – | – | – |
| NCL Corp Ltd62886HAX9 | NOTE 5.375% 8/0 | – | $3.85M | 13.1% | – | – | – |
| DALDelta Air Lines, Inc. | COM NEW | 95,000 | $2.75M | 9.4% | −16,000−14.4% | Reduced | History |
| Southwest Airls Co844741BG2 | NOTE 1.250% 5/0 | – | $2.35M | 8.0% | – | – | – |
| DHIHorton D R Inc | COM | 35,000 | $2.32M | 7.9% | −11,700−25.1% | Reduced | History |
| Atlas Crest Investment Corp049287105 | COM CL A | 200,000 | $1.96M | 6.7% | 00.0% | Unchanged | – |
| CCVIChurchill Capital Corp VI | COM CL A | 200,000 | $1.96M | 6.7% | 00.0% | Unchanged | History |
| Skydeck Acquisition Corp.G82220123 | CLASS A ORD SHS | 137,700 | $1.34M | 4.6% | 00.0% | Unchanged | – |
| BYDBoyd Gaming Corp | COM | 21,719 | $1.08M | 3.7% | −28,281−56.6% | Reduced | History |
| TZP Strategies Acquistn CorpG91595101 | CL A SHS | 105,000 | $1.03M | 3.5% | 00.0% | Unchanged | – |
| TMACMusic Acquisition Corp | COM CLASS A | 100,000 | $980.0K | 3.3% | −75,000−42.9% | Reduced | History |
| CRCCalifornia Resources Corp | COM STOCK | 18,974 | $730.0K | 2.5% | 00.0% | Unchanged | History |
| PRPermian Resources Corp | CL A | 100,000 | $598.0K | 2.0% | 00.0% | Unchanged | History |
| NINENine Energy Service, Inc. | COM | 200,000 | $530.0K | 1.8% | +74,799+59.7% | Added | History |
| UFPIUfp Industries Inc | COM | 7,500 | $511.0K | 1.7% | −37,500−83.3% | Reduced | History |
| iShares Russell 2000 ETF464287655 | ETF | 3,000 | $508.0K | 1.7% | +3,000 | New | – |
| Crypto 1 Acquisition CorpG3168A102 | CLASS A ORD | 50,000 | $496.0K | 1.7% | 00.0% | Unchanged | – |
| Evo Acquisition Corp30052G108 | COM CL A | 50,000 | $489.0K | 1.7% | −50,000−50.0% | Reduced | – |
| GTIMGood Times Restaurants Inc. | COM NEW | 149,140 | $449.0K | 1.5% | −5,360−3.5% | Reduced | History |
| AEAEAltEnergy Acquisition Corp | COM CL A | 45,000 | $447.0K | 1.5% | 00.0% | Unchanged | History |
| PDEXPro Dex Inc | COM NEW | 19,999 | $319.0K | 1.1% | −10.0% | Reduced | History |
| NENoble Corp plc | Equities | 4,475 | $113.0K | 0.4% | 00.0% | Unchanged | History |
| EVTWFVertical Aerospace Ltd. | *W EXP 09/15/202 | 164,100 | $64.0K | 0.2% | 00.0% | Unchanged | History |
| Roivant Sciences Ltd.G76279119 | *W EXP 09/30/202 | 100,000 | $60.0K | 0.2% | 00.0% | Unchanged | – |
| Lumiradx LimitedG5709L117 | *W EXP 09/28/202 | 27,500 | $26.0K | 0.1% | 00.0% | Unchanged | – |
| Silver Crest Acquisition CorG81355128 | *W EXP 12/15/202 | 110,000 | $24.0K | 0.1% | 00.0% | Unchanged | – |
| B Riley Principal 150 Merger05601V111 | *W EXP 03/01/202 | 65,000 | $24.0K | 0.1% | 00.0% | Unchanged | – |
| COINCoinbase Global, Inc. | COM CL A | 400 | $19.0K | 0.1% | 00.0% | Unchanged | History |
| Cipher Mining Inc17253J114 | *W EXP 10/22/202 | 100,000 | $19.0K | 0.1% | 00.0% | Unchanged | – |
| African Gold Acquisition CorG0112R124 | *W EXP 03/31/202 | 187,500 | $15.0K | 0.1% | 00.0% | Unchanged | – |
| Churchill Capital Corp VI17143W119 | *W EXP 02/17/202 | 40,000 | $14.0K | <0.1% | 00.0% | Unchanged | – |
| Atlas Crest Investment Corp049287113 | *W EXP 02/03/202 | 68,294 | $10.0K | <0.1% | 00.0% | Unchanged | – |
| The Music Acquisition Corp62752R118 | *W EXP 02/05/202 | 87,500 | $8.00K | <0.1% | 00.0% | Unchanged | – |
| COVA Acquisition Corp.G2554Y120 | *W EXP 02/05/202 | 75,000 | $8.00K | <0.1% | 00.0% | Unchanged | – |
| Skydeck Acquisition Corp.G82220115 | *W EXP 05/13/202 | 45,900 | $8.00K | <0.1% | 00.0% | Unchanged | – |
| Ithax Acquisition CorpG49775128 | *W EXP 02/01/202 | 25,000 | $7.00K | <0.1% | 00.0% | Unchanged | – |
| Crypto 1 Acquisition CorpG3168A110 | *W EXP 04/30/202 | 37,500 | $5.00K | <0.1% | 00.0% | Unchanged | – |
| Monument Circle Acquisitn Co61531M119 | *W EXP 01/14/202 | 37,500 | $4.00K | <0.1% | 00.0% | Unchanged | – |
| Evo Acquisition Corp30052G116 | *W EXP 01/04/202 | 50,000 | $4.00K | <0.1% | 00.0% | Unchanged | – |
| AEAEWAltEnergy Acquisition Corp | *W EXP 10/29/202 | 22,500 | $4.00K | <0.1% | 00.0% | Unchanged | History |
| TZP Strategies Acquistn CorpG91595119 | *W EXP 01/06/202 | 35,000 | $3.00K | <0.1% | 00.0% | Unchanged | – |
| Edify Acquisition Corp.28059Q111 | *W EXP 11/25/202 | 15,000 | $2.00K | <0.1% | 00.0% | Unchanged | – |
| FTAC Athena Acquisition Corp.G37283119 | *W EXP 03/01/202 | 6,700 | $2.00K | <0.1% | 00.0% | Unchanged | – |
| Silver Spike Acquisitn CorpG8201H113 | *W EXP 02/26/202 | 27,500 | $2.00K | <0.1% | 00.0% | Unchanged | – |
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 Q1 2022 (12)
Positions held at the end of Q1 2022 that are gone from this filing.
| Security | Class | Shares in Q1 2022 | Value in Q1 2022 | % of portfolio in Q1 2022 | History |
|---|---|---|---|---|---|
| HTZHertz Global Holdings, Inc | COM NEW | 180,000 | $3.99M | 6.7% | History |
| HPHelmerich & Payne, Inc. | COM | 70,000 | $3.00M | 5.0% | History |
| CCLCarnival Corp Ltd. | UNIT 99/99/9999 | 100,000 | $2.02M | 3.4% | History |
| African Gold Acquisition CorG0112R108 | SHS CL A | 200,000 | $1.96M | 3.3% | – |
| HHCHoward Hughes Corp | COM | 16,000 | $1.66M | 2.8% | History |
| BBCPConcrete Pumping Holdings, Inc. | COM | 225,000 | $1.51M | 2.5% | History |
| COVA Acquisition Corp.G2554Y104 | CL A SHS | 150,000 | $1.47M | 2.5% | – |
| Silver Spike Acquisitn CorpG8201H105 | CLASS A ORD SHS | 99,900 | $978.0K | 1.6% | – |
| NEXNextier Oilfield Solutions Inc. | COM | 98,500 | $910.0K | 1.5% | History |
| Monument Circle Acquisitn Co61531M101 | COM CL A | 75,000 | $734.0K | 1.2% | – |
| LUVSouthwest Airlines Co | COM | 13,000 | $595.0K | 1.0% | History |
| Fusion Acquisition Corp. II36118N110 | *W EXP 02/29/202 | 4,000 | $1.00K | <0.1% | – |