13F HOLDINGS REPORT
Covalent Partners LLC
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001531611-25-000005
Total Value
$26.6M
Positions
18
Other Managers
0
Confidential Omitted
No
Holdings (18)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 464287655 | 25,000 | $6.0M | 22.78% |
| 2 | MARCUS CORP DEL | MCS | 167,000 | $2.6M | 9.76% |
| 3 | CINEMARK HLDGS INC | CNK | 87,000 | $2.4M | 9.18% |
| 4 | PATRICK INDS INC | 703343AG8 | 1,500,000 | $2.4M | 9.16% |
| 5 | UFP INDUSTRIES INC | UFPI | 18,500 | $1.7M | 6.51% |
| 6 | GIBRALTAR INDS INC | 374689107 | 27,000 | $1.7M | 6.39% |
| 7 | PENN ENTERTAINMENT INC | PENN | 75,000 | $1.4M | 5.44% |
| 8 | EPR PPTYS | 26884U208 | 55,000 | $1.4M | 5.27% |
| 9 | GREENE CNTY BANCORP INC | 394357107 | 45,671 | $1.0M | 3.89% |
| 10 | CALIFORNIA RES CORP | CRC | 18,974 | $1.0M | 3.80% |
| 11 | TOPGOLF CALLAWAY BRANDS CORP | 131193AE4 | 1,000,000 | $983,500 | 3.70% |
| 12 | SPHERE ENTERTAINMENT CO | SPHR | 500,000 | $945,000 | 3.56% |
| 13 | CAESARS ENTERTAINMENT INC NE | 12769G100 | 25,000 | $675,625 | 2.54% |
| 14 | EPR PPTYS | 26884U307 | 20,000 | $631,200 | 2.38% |
| 15 | SR BANCORP INC | SRBK | 40,260 | $607,523 | 2.29% |
| 16 | REGENERON PHARMACEUTICALS | REGN | 800 | $449,816 | 1.69% |
| 17 | AMC ENTMT HLDGS INC | 00165C302 | 150,000 | $435,000 | 1.64% |
| 18 | ECARX HOLDINGS INC | ECXWW | 75,000 | $4,500 | 0.02% |