Covalent Partners LLC Hedge Fund

CIK: 0001531611 · Show all filings

Period: Q3 2018 (← Previous) (Next →)

Filing Date: Nov 14, 2018

Total Value ($000): $78,991 (100.0% shares, 0.0% debt)

Holdings (25)

GLPI GAMING & LEISURE PPTYS INC 11.6%

Value ($000) $9,166 Shares 260,024 Est. Cost $36.01 Unrealized —

AGCO AGCO CORP 8.5%

Value ($000) $6,700 Shares 110,216 Est. Cost $57.62 Unrealized -13.8%

DHI D R HORTON INC 7.4%

Value ($000) $5,846 Shares 138,588 Est. Cost $33.54 Unrealized +19.0%

— PIONEER NAT RES CO 6.5%

Value ($000) $5,166 Shares 29,655 Est. Cost $173.67 Unrealized —

— KEANE GROUP INC 6.5%

Value ($000) $5,109 Shares 413,001 Est. Cost $13.32 Unrealized —

— UNIVERSAL FST PRODS INC 6.3%

Value ($000) $5,000 Shares 141,515 Est. Cost $76.50 Unrealized —

LEN LENNAR CORP 6.3%

Value ($000) $4,975 Shares 106,560 Est. Cost $45.87 Unrealized +0.7%

PTEN PATTERSON UTI ENERGY INC 6.2%

Value ($000) $4,908 Shares 286,835 Est. Cost $20.82 Unrealized -17.5%

PUMP PROPETRO HLDG CORP 5.5%

Value ($000) $4,339 Shares 263,136 Est. Cost $15.02 Unrealized +7.3%

TOL TOLL BROTHERS INC 4.9%

Value ($000) $3,846 Shares 116,430 Est. Cost $40.78 Unrealized -11.3%

HAL HALLIBURTON CO 4.4%

Value ($000) $3,437 Shares 84,800 Est. Cost $35.57 Unrealized 0.0%

— NABORS INDUSTRIES LTD 4.3%

Value ($000) $3,428 Shares 556,480 Est. Cost $7.53 Unrealized —

SEI SOLARIS OILFIELD INFRSTR INC 4.2%

Value ($000) $3,293 Shares 174,309 Est. Cost $12.25 Unrealized -2.4%

— C&J ENERGY SVCS INC NEW 4.1%

Value ($000) $3,231 Shares 155,319 Est. Cost $29.21 Unrealized —

TWI TITAN INTL INC ILL 2.8%

Value ($000) $2,195 Shares 295,843 Est. Cost $12.17 Unrealized -30.9%

— SUPERIOR ENERGY SVCS INC 2.6%

Value ($000) $2,079 Shares 213,449 Est. Cost $13.36 Unrealized —

— CENTENNIAL RESOURCE DEV INC 2.6%

Value ($000) $2,072 Shares 94,808 Est. Cost $21.85 Unrealized —

LGIH LGI HOMES INC 2.1%

Value ($000) $1,646 Shares 34,691 Est. Cost $54.97 Unrealized 0.0%

NEXT NEXTDECADE CORP 1.2%

Value ($000) $973 Shares 172,231 Est. Cost $9.79 Unrealized -39.0%

— WEATHERFORD INTL PLC 1.2%

Value ($000) $933 Shares 344,389 Est. Cost $3.22 Unrealized —

— EVERI HLDGS INC 0.7%

Value ($000) $586 Shares 63,868 Est. Cost $6.57 Unrealized —

IWM ISHARES TR 0.0%

Value ($000) $33 Shares 184,500 Est. Cost — Unrealized —

— UNITED STATES OIL FUND LP 0.0%

Value ($000) $15 Shares 1,479,000 Est. Cost — Unrealized —

— NABORS INDUSTRIES LTD 0.0%

Value ($000) $9 Shares 210,800 Est. Cost $7.53 Unrealized —

QQQ INVESCO QQQ TR 0.0%

Value ($000) $6 Shares 86,600 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GLPI	GAMING & LEISURE PPTYS INC	260,024	$9,166	11.6%	$36.01	—	COM	36467J108
AGCO	AGCO CORP	110,216	$6,700	8.5%	$57.62	-13.8%	COM	001084102
DHI	D R HORTON INC	138,588	$5,846	7.4%	$33.54	+19.0%	COM	23331A109
—	PIONEER NAT RES CO	29,655	$5,166	6.5%	$173.67	—	COM	723787107
—	KEANE GROUP INC	413,001	$5,109	6.5%	$13.32	—	COM	48669A108
—	UNIVERSAL FST PRODS INC	141,515	$5,000	6.3%	$76.50	—	COM	913543104
LEN	LENNAR CORP	106,560	$4,975	6.3%	$45.87	+0.7%	CL A	526057104
PTEN	PATTERSON UTI ENERGY INC	286,835	$4,908	6.2%	$20.82	-17.5%	COM	703481101
PUMP	PROPETRO HLDG CORP	263,136	$4,339	5.5%	$15.02	+7.3%	COM	74347M108
TOL	TOLL BROTHERS INC	116,430	$3,846	4.9%	$40.78	-11.3%	COM	889478103
HAL	HALLIBURTON CO	84,800	$3,437	4.4%	$35.57	0.0%	COM	406216101
—	NABORS INDUSTRIES LTD	556,480	$3,428	4.3%	$7.53	—	SHS	G6359F103
SEI	SOLARIS OILFIELD INFRSTR INC	174,309	$3,293	4.2%	$12.25	-2.4%	COM CL A	83418M103
—	C&J ENERGY SVCS INC NEW	155,319	$3,231	4.1%	$29.21	—	COM	12674R100
TWI	TITAN INTL INC ILL	295,843	$2,195	2.8%	$12.17	-30.9%	COM	88830M102
—	SUPERIOR ENERGY SVCS INC	213,449	$2,079	2.6%	$13.36	—	COM	868157108
—	CENTENNIAL RESOURCE DEV INC	94,808	$2,072	2.6%	$21.85	—	CL A	15136A102
LGIH	LGI HOMES INC	34,691	$1,646	2.1%	$54.97	0.0%	COM	50187T106
NEXT	NEXTDECADE CORP	172,231	$973	1.2%	$9.79	-39.0%	COM	65342K105
—	WEATHERFORD INTL PLC	344,389	$933	1.2%	$3.22	—	ORD SHS	G48833100
—	EVERI HLDGS INC	63,868	$586	0.7%	$6.57	—	COM	30034T103
IWM	ISHARES TR	184,500	$33	0.0%	—	—	Put	464287655
—	UNITED STATES OIL FUND LP	1,479,000	$15	0.0%	—	—	Put	91232N108
—	NABORS INDUSTRIES LTD	210,800	$9	0.0%	$7.53	—	Call	G6359F103
QQQ	INVESCO QQQ TR	86,600	$6	0.0%	—	—	Put	46090E103