Covalent Partners LLC
CONCORD, MA · CIK 1531611 · 13F filing filed 2026-05-15
SEC-registered investment adviser since 2006 · limited liability company
- Assets managed$117.3m
- Staff4 · 4 in investment roles
- Main clients (by assets)Private funds 100%
- Private funds1 (1 hedge) · $117.3m gross assets
- Websitecovalentpartnersllc.com
- Form ADV · 2026-03-30SEC adviser record
- Legal entityCOVALENT PARTNERS LLC (US)
- Kindhedge funds
- Others nearbyConcord, MA
As an employer
- Offices in1 country
- Private fundshedge 1
$14.2m
reported value
+24.3% vs Q4 2025
15positions
80.6%in top 10
4 new
2 added
4 reduced
0 sold out
vs Q4 2025
Options: 0 call positions (— notional), 1 put positions ($3.3m notional) – listed below, not included above.
Holdings, Q1 2026
The small lines show how much was held over the last 4 quarters (adjusted for stock splits).
| Security | Value | Change |
|---|---|---|
| GREENE CNTY BANCORP INC GCBC | $1.5m10.89% | Added +6.0k |
| LIVE NATION ENTERTAINMENT IN LYV 3.125 01.15.29 · principal | $1.5m10.69% | New |
| PENN ENTERTAINMENT INC PENN | $1.4m9.52% | Reduced -20.0k |
| CALIFORNIA RES CORP CRC | $1.3m9.25% | Unchanged |
| UFP INDUSTRIES INC UFPI | $1.1m7.78% | Reduced -4.0k |
| BAUSCH PLUS LOMB CORP BLCO | $1.0m7.28% | New |
| SR BANCORP INC SRBK | $1.0m7.13% | Unchanged |
| PATRICK INDS INC PATK 1.75 12.01.28 · principal | $865.2k6.09% | Unchanged |
| MARCUS CORP DEL MCS | $858.5k6.04% | Unchanged |
| ECB BANCORP INC ECBK | $836.5k5.89% | Added +17.0k |
| BLACKSTONE INC BX | $804.9k5.67% | New |
| MICROSOFT CORP MSFT | $740.3k5.21% | New |
| CINEMARK HLDGS INC CNK | $713.0k5.02% | Reduced -59.5k |
| TOPGOLF CALLAWAY BRANDS CORP CALY 2.75 05.01.26 · principal | $499.5k3.52% | Reduced -500.0k |
| ECARX HOLDINGS INC ECXWW | $3.9k0.03% | Unchanged |
Options (notional value)
| Underlying | Notional | Change |
|---|---|---|
| ISHARES TR IWM · Put | $3.3m13.5k shares | Reduced |