Covalent Partners LLC Hedge Fund

CIK: 0001531611 · Show all filings

Period: Q2 2018 (← Previous) (Next →)

Filing Date: Aug 14, 2018

Total Value ($000): $93,348 (100.0% shares, 0.0% debt)

Holdings (27)

GLPI GAMING & LEISURE PPTYS INC 10.0%

Value ($000) $9,309 Shares 260,024 Est. Cost $36.01 Unrealized —

DHI D R HORTON INC 8.1%

Value ($000) $7,533 Shares 183,730 Est. Cost $33.54 Unrealized +18.3%

AGCO AGCO CORP 7.8%

Value ($000) $7,251 Shares 119,418 Est. Cost $57.62 Unrealized -9.3%

LEN LENNAR CORP 7.0%

Value ($000) $6,561 Shares 124,967 Est. Cost $45.87 Unrealized +4.6%

— PIONEER NAT RES CO 6.9%

Value ($000) $6,420 Shares 33,926 Est. Cost $173.67 Unrealized —

— UNIVERSAL FST PRODS INC 6.4%

Value ($000) $6,008 Shares 164,052 Est. Cost $76.50 Unrealized —

PTEN PATTERSON UTI ENERGY INC 5.9%

Value ($000) $5,488 Shares 304,878 Est. Cost $20.82 Unrealized -3.7%

— SUPERIOR ENERGY SVCS INC 4.9%

Value ($000) $4,572 Shares 469,396 Est. Cost $13.36 Unrealized —

ALLY ALLY FINL INC 4.9%

Value ($000) $4,551 Shares 173,237 Est. Cost $13.23 Unrealized +59.5%

TWI TITAN INTL INC ILL 4.6%

Value ($000) $4,250 Shares 396,114 Est. Cost $12.17 Unrealized -5.7%

TOL TOLL BROTHERS INC 4.4%

Value ($000) $4,151 Shares 112,232 Est. Cost $40.96 Unrealized 0.0%

— KEANE GROUP INC 4.4%

Value ($000) $4,129 Shares 302,029 Est. Cost $13.67 Unrealized —

PUMP PROPETRO HLDG CORP 4.0%

Value ($000) $3,720 Shares 237,238 Est. Cost $14.90 Unrealized +15.5%

— C&J ENERGY SVCS INC NEW 3.9%

Value ($000) $3,611 Shares 153,005 Est. Cost $29.34 Unrealized —

— NABORS INDUSTRIES LTD 3.8%

Value ($000) $3,567 Shares 556,480 Est. Cost $7.53 Unrealized —

— EVERI HLDGS INC 2.3%

Value ($000) $2,186 Shares 303,544 Est. Cost $6.57 Unrealized —

MPT MEDICAL PPTYS TRUST INC 2.2%

Value ($000) $2,072 Shares 147,584 Est. Cost $12.93 Unrealized —

— GREAT AJAX CORP 2.0%

Value ($000) $1,873 Shares 143,230 Est. Cost $13.48 Unrealized —

SEI SOLARIS OILFIELD INFRSTR INC 1.9%

Value ($000) $1,797 Shares 125,763 Est. Cost $12.37 Unrealized 0.0%

NEXT NEXTDECADE CORP 1.3%

Value ($000) $1,234 Shares 182,231 Est. Cost $9.79 Unrealized -35.7%

— WEATHERFORD INTL PLC 1.1%

Value ($000) $999 Shares 303,676 Est. Cost $3.29 Unrealized —

— ENERGY XXI GULF COAST INC 1.0%

Value ($000) $969 Shares 109,657 Est. Cost $25.38 Unrealized —

IWM ISHARES TR 0.7%

Value ($000) $628 Shares 348,000 Est. Cost — Unrealized —

— UNITED STATES OIL FUND LP 0.2%

Value ($000) $210 Shares 1,479,000 Est. Cost — Unrealized —

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $129 Shares 72,000 Est. Cost — Unrealized —

QQQ INVESCO QQQ TR 0.1%

Value ($000) $86 Shares 82,500 Est. Cost — Unrealized —

— NABORS INDUSTRIES LTD 0.0%

Value ($000) $44 Shares 210,800 Est. Cost $7.53 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GLPI	GAMING & LEISURE PPTYS INC	260,024	$9,309	10.0%	$36.01	—	COM	36467J108
DHI	D R HORTON INC	183,730	$7,533	8.1%	$33.54	+18.3%	COM	23331A109
AGCO	AGCO CORP	119,418	$7,251	7.8%	$57.62	-9.3%	COM	001084102
LEN	LENNAR CORP	124,967	$6,561	7.0%	$45.87	+4.6%	CL A	526057104
—	PIONEER NAT RES CO	33,926	$6,420	6.9%	$173.67	—	COM	723787107
—	UNIVERSAL FST PRODS INC	164,052	$6,008	6.4%	$76.50	—	COM	913543104
PTEN	PATTERSON UTI ENERGY INC	304,878	$5,488	5.9%	$20.82	-3.7%	COM	703481101
—	SUPERIOR ENERGY SVCS INC	469,396	$4,572	4.9%	$13.36	—	COM	868157108
ALLY	ALLY FINL INC	173,237	$4,551	4.9%	$13.23	+59.5%	COM	02005N100
TWI	TITAN INTL INC ILL	396,114	$4,250	4.6%	$12.17	-5.7%	COM	88830M102
TOL	TOLL BROTHERS INC	112,232	$4,151	4.4%	$40.96	0.0%	COM	889478103
—	KEANE GROUP INC	302,029	$4,129	4.4%	$13.67	—	COM	48669A108
PUMP	PROPETRO HLDG CORP	237,238	$3,720	4.0%	$14.90	+15.5%	COM	74347M108
—	C&J ENERGY SVCS INC NEW	153,005	$3,611	3.9%	$29.34	—	COM	12674R100
—	NABORS INDUSTRIES LTD	556,480	$3,567	3.8%	$7.53	—	SHS	G6359F103
—	EVERI HLDGS INC	303,544	$2,186	2.3%	$6.57	—	COM	30034T103
MPT	MEDICAL PPTYS TRUST INC	147,584	$2,072	2.2%	$12.93	—	COM	58463J304
—	GREAT AJAX CORP	143,230	$1,873	2.0%	$13.48	—	COM	38983D300
SEI	SOLARIS OILFIELD INFRSTR INC	125,763	$1,797	1.9%	$12.37	0.0%	COM CL A	83418M103
NEXT	NEXTDECADE CORP	182,231	$1,234	1.3%	$9.79	-35.7%	COM	65342K105
—	WEATHERFORD INTL PLC	303,676	$999	1.1%	$3.29	—	ORD SHS	G48833100
—	ENERGY XXI GULF COAST INC	109,657	$969	1.0%	$25.38	—	COM	29276K101
IWM	ISHARES TR	348,000	$628	0.7%	—	—	Put	464287655
—	UNITED STATES OIL FUND LP	1,479,000	$210	0.2%	—	—	Put	91232N108
SPY	SPDR S&P 500 ETF TR	72,000	$129	0.1%	—	—	Put	78462F103
QQQ	INVESCO QQQ TR	82,500	$86	0.1%	—	—	Put	46090E103
—	NABORS INDUSTRIES LTD	210,800	$44	0.0%	$7.53	—	Call	G6359F103