13F HOLDINGS REPORT
Covalent Partners LLC
Quarter ended Q1 2023 · Filed February 14, 2023 · Accession 0001531611-23-000001
Total Value
$88.5M
Positions
33
Other Managers
0
Confidential Omitted
No
Holdings (33)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR S&P 500 ETF TR | SPY | 92,000 | $35.2M | 39.77% |
| 2 | ISHARES TR | 464287655 | 120,000 | $20.9M | 23.65% |
| 3 | SPDR GOLD TR | GLD | 33,500 | $5.7M | 6.42% |
| 4 | COPA HOLDINGS SA | 21720AAB8 | 3,000,000 | $5.1M | 5.77% |
| 5 | INVESCO QQQ TR | IVZ | 17,500 | $4.7M | 5.27% |
| 6 | NCL CORP LTD | 62886HAX9 | 4,000,000 | $4.0M | 4.56% |
| 7 | SOUTHWEST AIRLS CO | 844741BG2 | 2,000,000 | $2.4M | 2.72% |
| 8 | DELTA AIR LINES INC DEL | DAL | 62,500 | $2.1M | 2.32% |
| 9 | CHURCHILL CAPITAL CORP VI | 17143W101 | 200,000 | $2.0M | 2.26% |
| 10 | TRANSOCEAN LTD | RIG | 250,000 | $1.1M | 1.29% |
| 11 | ISHARES TR | 464287655 | 6,000 | $1.0M | 1.18% |
| 12 | PERMIAN RESOURCES CORP | PR | 100,000 | $940,000 | 1.06% |
| 13 | CALIFORNIA RES CORP | CRC | 18,974 | $825,559 | 0.93% |
| 14 | SOUTHWEST AIRLS CO | 844741108 | 20,000 | $673,400 | 0.76% |
| 15 | PRO-DEX INC COLO | PDEX | 25,000 | $397,500 | 0.45% |
| 16 | GOOD TIMES RESTAURANTS INC | GTIM | 169,160 | $378,918 | 0.43% |
| 17 | BAUSCH HEALTH COS INC | 071734107 | 60,000 | $376,800 | 0.43% |
| 18 | ROIVANT SCIENCES LTD | ROIV | 100,000 | $194,000 | 0.22% |
| 19 | BAUSCH PLUS LOMB CORP | 071705107 | 12,200 | $189,222 | 0.21% |
| 20 | NOBLE CORP PLC | NE-WT | 4,475 | $168,752 | 0.19% |
| 21 | VERTICAL AEROSPACE LTD | EVTWF | 164,100 | $51,560 | 0.06% |
| 22 | TH INTERNATIONAL LIMITED | THCH | 110,000 | $13,211 | 0.01% |
| 23 | FAZE HOLDINGS INC | 31423J110 | 65,000 | $8,197 | 0.01% |
| 24 | ECARX HOLDINGS INC | ECXWW | 75,000 | $7,358 | 0.01% |
| 25 | CIPHER MINING INC | 17253J114 | 100,000 | $6,010 | 0.01% |
| 26 | EVO ACQUISITION CORP | 30052G116 | 50,000 | $2,790 | 0.00% |
| 27 | CHURCHILL CAPITAL CORP VI | 17143W119 | 40,000 | $2,400 | 0.00% |
| 28 | ALTENERGY ACQUISITION CORP | AEAEW | 22,500 | $2,318 | 0.00% |
| 29 | LUMIRADX LTD | G5709L117 | 27,500 | $1,623 | 0.00% |
| 30 | SKYDECK ACQUISITION CORP | G82220115 | 45,900 | $1,377 | 0.00% |
| 31 | TZP STRATEGIES ACQUISTN CORP | G91595119 | 35,000 | $858 | 0.00% |
| 32 | SILVER SPIKE ACQUISITN CORP | G8201H113 | 27,500 | $825 | 0.00% |
| 33 | EDIFY ACQUISITION CORP | 28059Q111 | 15,000 | $452 | 0.00% |