Covalent Partners LLC
- SEC CIK
- 0001531611
- Latest filing
- May 15, 2026
Holdings in Q4 2022
Holdings as of Dec 31, 2022, filed Feb 14, 2023. Long positions only; changes compare share counts with Q3 2022.
- Positions
- 29
- −15 vs. Q3 2022
- Portfolio value
- $22.0M
- −$5.76M (−20.7%) vs. Q3 2022
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| Copa Holdings SA21720AAB8 | NOTE 4.500% 4/1 | – | $5.10M | 23.2% | – | – | – |
| NCL Corp Ltd62886HAX9 | NOTE 5.375% 8/0 | – | $4.03M | 18.3% | – | – | – |
| Southwest Airls Co844741BG2 | NOTE 1.250% 5/0 | – | $2.40M | 10.9% | – | – | – |
| DALDelta Air Lines, Inc. | COM NEW | 62,500 | $2.05M | 9.3% | −22,500−26.5% | Reduced | History |
| CCVIChurchill Capital Corp VI | COM CL A | 200,000 | $2.00M | 9.1% | 00.0% | Unchanged | History |
| RIGTransocean Ltd. | REGISTERED SHS | 250,000 | $1.14M | 5.2% | +250,000 | New | History |
| iShares Russell 2000 ETF464287655 | ETF | 6,000 | $1.05M | 4.8% | −1,000−14.3% | Reduced | – |
| PRPermian Resources Corp | CLASS A COM | 100,000 | $940.0K | 4.3% | 00.0% | Unchanged | History |
| CRCCalifornia Resources Corp | COM STOCK | 18,974 | $825.6K | 3.7% | 00.0% | Unchanged | History |
| LUVSouthwest Airlines Co | COM | 20,000 | $673.4K | 3.1% | +15,000+300.0% | Added | History |
| PDEXPro Dex Inc | COM NEW | 25,000 | $397.5K | 1.8% | 00.0% | Unchanged | History |
| GTIMGood Times Restaurants Inc. | COM NEW | 169,160 | $378.9K | 1.7% | 00.0% | Unchanged | History |
| BHCBausch Health Companies Inc. | Stock | 60,000 | $376.8K | 1.7% | −30,000−33.3% | Reduced | History |
| Roivant Sciences Ltd.G76279119 | *W EXP 09/30/202 | 100,000 | $194.0K | 0.9% | 00.0% | Unchanged | – |
| BLCOBausch & Lomb Corp | COMMON SHARES | 12,200 | $189.2K | 0.9% | +12,200 | New | History |
| NENoble Corp plc | ORD SHS A | 4,475 | $168.8K | 0.8% | 00.0% | Unchanged | History |
| EVTWFVertical Aerospace Ltd. | *W EXP 09/15/202 | 164,100 | $51.6K | 0.2% | 00.0% | Unchanged | History |
| TH International LtdG8656L114 | *W EXP 12/15/202 | 110,000 | $13.2K | 0.1% | 00.0% | Unchanged | – |
| Faze Holdings IN31423J110 | EQUITY WRT | 65,000 | $8.20K | <0.1% | 00.0% | Unchanged | – |
| ECXWWECARX Holdings Inc. | *W EXP 12/20/202 | 75,000 | $7.36K | <0.1% | +75,000 | New | History |
| Cipher Mining Inc17253J114 | *W EXP 10/22/202 | 100,000 | $6.01K | <0.1% | 00.0% | Unchanged | – |
| Evo Acquisition Corp30052G116 | *W EXP 01/04/202 | 50,000 | $2.79K | <0.1% | 00.0% | Unchanged | – |
| Churchill Capital Corp VI17143W119 | *W EXP 02/17/202 | 40,000 | $2.40K | <0.1% | 00.0% | Unchanged | – |
| AEAEWAltEnergy Acquisition Corp | *W EXP 10/29/202 | 22,500 | $2.32K | <0.1% | 00.0% | Unchanged | History |
| Lumiradx LimitedG5709L117 | *W EXP 09/28/202 | 27,500 | $1.62K | <0.1% | 00.0% | Unchanged | – |
| Skydeck Acquisition Corp.G82220115 | *W EXP 05/13/202 | 45,900 | $1.38K | <0.1% | 00.0% | Unchanged | – |
| TZP Strategies Acquistn CorpG91595119 | *W EXP 01/06/202 | 35,000 | $858 | <0.1% | 00.0% | Unchanged | – |
| Silver Spike Acquisitn CorpG8201H113 | *W EXP 02/26/202 | 27,500 | $825 | <0.1% | 00.0% | Unchanged | – |
| Edify Acquisition Corp.28059Q111 | *W EXP 11/25/202 | 15,000 | $452 | <0.1% | 00.0% | Unchanged | – |
Options (4)
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 2022 (18)
Positions held at the end of Q3 2022 that are gone from this filing.
| Security | Class | Shares in Q3 2022 | Value in Q3 2022 | % of portfolio in Q3 2022 | History |
|---|---|---|---|---|---|
| Atlas Crest Investment Corp049287105 | COM CL A | 200,000 | $1.97M | 7.1% | – |
| Skydeck Acquisition Corp.G82220123 | CLASS A ORD SHS | 137,700 | $1.35M | 4.9% | – |
| TZP Strategies Acquistn CorpG91595101 | CL A SHS | 105,000 | $1.04M | 3.8% | – |
| TMACMusic Acquisition Corp | COM CLASS A | 100,000 | $984.0K | 3.5% | History |
| NINENine Energy Service, Inc. | COM | 290,000 | $766.0K | 2.8% | History |
| Crypto 1 Acquisition CorpG3168A102 | CLASS A ORD | 50,000 | $502.0K | 1.8% | – |
| Evo Acquisition Corp30052G108 | COM CL A | 50,000 | $493.0K | 1.8% | – |
| BYDBoyd Gaming Corp | COM | 10,000 | $477.0K | 1.7% | History |
| AEAEAltEnergy Acquisition Corp | COM CL A | 45,000 | $451.0K | 1.6% | History |
| PRTYParty City Holdco Inc. | COM | 150,000 | $237.0K | 0.9% | History |
| COINCoinbase Global, Inc. | COM CL A | 400 | $26.0K | 0.1% | History |
| Mondee Holdings, Inc.465712115 | *W EXP 07/18/202 | 25,000 | $16.0K | 0.1% | – |
| African Gold Acquisition CorG0112R124 | *W EXP 03/31/202 | 187,500 | $8.00K | <0.1% | – |
| The Music Acquisition Corp62752R118 | *W EXP 02/05/202 | 87,500 | $4.00K | <0.1% | – |
| Crypto 1 Acquisition CorpG3168A110 | *W EXP 04/30/202 | 37,500 | $4.00K | <0.1% | – |
| Atlas Crest Investment Corp049287113 | *W EXP 02/03/202 | 68,294 | $3.00K | <0.1% | – |
| Monument Circle Acquisitn Co61531M119 | *W EXP 01/14/202 | 37,500 | $2.00K | <0.1% | – |
| COVA Acquisition Corp.G2554Y120 | *W EXP 02/05/202 | 75,000 | $2.00K | <0.1% | – |