Covalent Partners LLC Hedge Fund

CIK: 0001531611 · Show all filings

Period: Q4 2017 (← Previous) (Next →)

Filing Date: Feb 14, 2018

Total Value ($000): $117,947 (100.0% shares, 0.0% debt)

Holdings (23)

GLPI GAMING & LEISURE PPTYS INC 11.6%

Value ($000) $13,704 Shares 370,366 Est. Cost $36.22 Unrealized —

— SUPERIOR ENERGY SVCS INC 7.9%

Value ($000) $9,371 Shares 973,154 Est. Cost $13.36 Unrealized —

ALLY ALLY FINL INC 7.7%

Value ($000) $9,097 Shares 311,955 Est. Cost $13.23 Unrealized +57.2%

— PLY GEM HLDGS INC 6.5%

Value ($000) $7,610 Shares 411,333 Est. Cost $17.71 Unrealized —

— UNIVERSAL FST PRODS INC 6.1%

Value ($000) $7,217 Shares 191,843 Est. Cost $83.91 Unrealized —

AGCO AGCO CORP 6.1%

Value ($000) $7,176 Shares 100,468 Est. Cost $58.20 Unrealized 0.0%

MPT MEDICAL PPTYS TRUST INC 6.0%

Value ($000) $7,058 Shares 512,226 Est. Cost $12.93 Unrealized —

— C&J ENERGY SVCS INC NEW 5.1%

Value ($000) $6,056 Shares 180,929 Est. Cost $29.97 Unrealized —

MHO M/I HOMES INC 4.9%

Value ($000) $5,796 Shares 168,480 Est. Cost $20.91 Unrealized +56.2%

PUMP PROPETRO HLDG CORP 4.9%

Value ($000) $5,723 Shares 283,893 Est. Cost $13.98 Unrealized +21.3%

— NABORS INDUSTRIES LTD 4.6%

Value ($000) $5,422 Shares 793,836 Est. Cost $7.53 Unrealized —

— ENERGY XXI GULF COAST INC 4.6%

Value ($000) $5,391 Shares 939,171 Est. Cost $25.38 Unrealized —

— GREAT AJAX CORP 4.3%

Value ($000) $5,078 Shares 367,446 Est. Cost $13.48 Unrealized —

— PIONEER NAT RES CO 3.4%

Value ($000) $4,043 Shares 23,388 Est. Cost $157.32 Unrealized —

LEN LENNAR CORP 3.4%

Value ($000) $3,980 Shares 62,937 Est. Cost $38.99 Unrealized +33.5%

DHI D R HORTON INC 3.2%

Value ($000) $3,815 Shares 74,710 Est. Cost $24.31 Unrealized +75.2%

— BMC STK HLDGS INC 3.2%

Value ($000) $3,814 Shares 150,743 Est. Cost $19.50 Unrealized —

C CITIGROUP INC 1.9%

Value ($000) $2,255 Shares 30,311 Est. Cost $36.41 Unrealized +55.1%

BXC BLUELINX HLDGS INC 1.9%

Value ($000) $2,241 Shares 229,640 Est. Cost $9.36 Unrealized 0.0%

NEXT NEXTDECADE CORP 1.2%

Value ($000) $1,410 Shares 182,231 Est. Cost $9.79 Unrealized -3.6%

— WEATHERFORD INTL PLC 0.9%

Value ($000) $1,004 Shares 240,741 Est. Cost $5.62 Unrealized —

— NEXTDECADE CORP 0.4%

Value ($000) $499 Shares 831,017 Est. Cost $0.92 Unrealized —

— UNITED STATES OIL FUND LP 0.2%

Value ($000) $187 Shares 8,042,700 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GLPI	GAMING & LEISURE PPTYS INC	370,366	$13,704	11.6%	$36.22	—	COM	36467J108
—	SUPERIOR ENERGY SVCS INC	973,154	$9,371	7.9%	$13.36	—	COM	868157108
ALLY	ALLY FINL INC	311,955	$9,097	7.7%	$13.23	+57.2%	COM	02005N100
—	PLY GEM HLDGS INC	411,333	$7,610	6.5%	$17.71	—	COM	72941W100
—	UNIVERSAL FST PRODS INC	191,843	$7,217	6.1%	$83.91	—	COM	913543104
AGCO	AGCO CORP	100,468	$7,176	6.1%	$58.20	0.0%	COM	001084102
MPT	MEDICAL PPTYS TRUST INC	512,226	$7,058	6.0%	$12.93	—	COM	58463J304
—	C&J ENERGY SVCS INC NEW	180,929	$6,056	5.1%	$29.97	—	COM	12674R100
MHO	M/I HOMES INC	168,480	$5,796	4.9%	$20.91	+56.2%	COM	55305B101
PUMP	PROPETRO HLDG CORP	283,893	$5,723	4.9%	$13.98	+21.3%	COM	74347M108
—	NABORS INDUSTRIES LTD	793,836	$5,422	4.6%	$7.53	—	SHS	G6359F103
—	ENERGY XXI GULF COAST INC	939,171	$5,391	4.6%	$25.38	—	COM	29276K101
—	GREAT AJAX CORP	367,446	$5,078	4.3%	$13.48	—	COM	38983D300
—	PIONEER NAT RES CO	23,388	$4,043	3.4%	$157.32	—	COM	723787107
LEN	LENNAR CORP	62,937	$3,980	3.4%	$38.99	+33.5%	CL A	526057104
DHI	D R HORTON INC	74,710	$3,815	3.2%	$24.31	+75.2%	COM	23331A109
—	BMC STK HLDGS INC	150,743	$3,814	3.2%	$19.50	—	COM	05591B109
C	CITIGROUP INC	30,311	$2,255	1.9%	$36.41	+55.1%	COM NEW	172967424
BXC	BLUELINX HLDGS INC	229,640	$2,241	1.9%	$9.36	0.0%	COM NEW	09624H208
NEXT	NEXTDECADE CORP	182,231	$1,410	1.2%	$9.79	-3.6%	COM	65342K105
—	WEATHERFORD INTL PLC	240,741	$1,004	0.9%	$5.62	—	ORD SHS	G48833100
—	NEXTDECADE CORP	831,017	$499	0.4%	$0.92	—	*W EXP 07/23/202	65342K113
—	UNITED STATES OIL FUND LP	8,042,700	$187	0.2%	—	—	Put	91232N108