Covalent Partners LLC Hedge Fund

CIK: 0001531611 · Show all filings

Period: Q4 2018 (← Previous) (Next →)

Filing Date: Feb 14, 2019

Total Value ($000): $61,857 (100.0% shares, 0.0% debt)

Holdings (25)

GLPI GAMING & LEISURE PPTYS INC 13.0%

Value ($000) $8,058 Shares 249,387 Est. Cost $36.01 Unrealized —

HAL HALLIBURTON CO 10.6%

Value ($000) $6,541 Shares 246,104 Est. Cost $31.35 Unrealized -7.1%

PTEN PATTERSON UTI ENERGY INC 8.7%

Value ($000) $5,390 Shares 520,800 Est. Cost $18.09 Unrealized -18.5%

— KEANE GROUP INC 8.0%

Value ($000) $4,962 Shares 606,610 Est. Cost $11.68 Unrealized —

— PIONEER NAT RES CO 7.4%

Value ($000) $4,558 Shares 34,655 Est. Cost $167.59 Unrealized —

LEN LENNAR CORP 6.8%

Value ($000) $4,224 Shares 107,900 Est. Cost $45.77 Unrealized -18.2%

PUMP PROPETRO HLDG CORP 6.4%

Value ($000) $3,973 Shares 322,500 Est. Cost $15.29 Unrealized +7.7%

AGCO AGCO CORP 5.4%

Value ($000) $3,323 Shares 59,700 Est. Cost $57.62 Unrealized -19.3%

— UNIVERSAL FST PRODS INC 4.7%

Value ($000) $2,900 Shares 111,715 Est. Cost $76.50 Unrealized —

LGIH LGI HOMES INC 4.3%

Value ($000) $2,645 Shares 58,500 Est. Cost $49.79 Unrealized -15.2%

SEI SOLARIS OILFIELD INFRSTR INC 4.2%

Value ($000) $2,597 Shares 214,800 Est. Cost $11.94 Unrealized -11.3%

DHI D R HORTON INC 3.4%

Value ($000) $2,132 Shares 61,500 Est. Cost $33.54 Unrealized +0.6%

— CENTENNIAL RESOURCE DEV INC 3.4%

Value ($000) $2,117 Shares 192,100 Est. Cost $16.37 Unrealized —

— C&J ENERGY SVCS INC NEW 3.0%

Value ($000) $1,862 Shares 137,919 Est. Cost $29.21 Unrealized —

BRSL INTERNATIONAL GAME TECHNOLOG 2.9%

Value ($000) $1,792 Shares 122,514 Est. Cost $10.61 Unrealized 0.0%

— SUPERIOR ENERGY SVCS INC 2.5%

Value ($000) $1,526 Shares 455,600 Est. Cost $8.04 Unrealized —

— NABORS INDUSTRIES LTD 1.8%

Value ($000) $1,113 Shares 556,480 Est. Cost $7.53 Unrealized —

NEXT NEXTDECADE CORP 1.2%

Value ($000) $755 Shares 139,800 Est. Cost $9.79 Unrealized -48.4%

— UNITED STATES OIL FUND LP 0.9%

Value ($000) $572 Shares 487,500 Est. Cost — Unrealized —

— WEATHERFORD INTL PLC 0.5%

Value ($000) $299 Shares 535,000 Est. Cost $2.27 Unrealized —

HYG ISHARES TR 0.4%

Value ($000) $244 Shares 246,000 Est. Cost — Unrealized —

— CITIGROUP GLOBAL MKTS HLDGS 0.3%

Value ($000) $156 Shares 17,500 Est. Cost $8.91 Unrealized —

— EVERI HLDGS INC 0.2%

Value ($000) $102 Shares 19,814 Est. Cost $6.57 Unrealized —

TLT ISHARES TR 0.0%

Value ($000) $14 Shares 275,000 Est. Cost — Unrealized —

— NABORS INDUSTRIES LTD 0.0%

Value ($000) $2 Shares 210,800 Est. Cost $7.53 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GLPI	GAMING & LEISURE PPTYS INC	249,387	$8,058	13.0%	$36.01	—	COM	36467J108
HAL	HALLIBURTON CO	246,104	$6,541	10.6%	$31.35	-7.1%	COM	406216101
PTEN	PATTERSON UTI ENERGY INC	520,800	$5,390	8.7%	$18.09	-18.5%	COM	703481101
—	KEANE GROUP INC	606,610	$4,962	8.0%	$11.68	—	COM	48669A108
—	PIONEER NAT RES CO	34,655	$4,558	7.4%	$167.59	—	COM	723787107
LEN	LENNAR CORP	107,900	$4,224	6.8%	$45.77	-18.2%	CL A	526057104
PUMP	PROPETRO HLDG CORP	322,500	$3,973	6.4%	$15.29	+7.7%	COM	74347M108
AGCO	AGCO CORP	59,700	$3,323	5.4%	$57.62	-19.3%	COM	001084102
—	UNIVERSAL FST PRODS INC	111,715	$2,900	4.7%	$76.50	—	COM	913543104
LGIH	LGI HOMES INC	58,500	$2,645	4.3%	$49.79	-15.2%	COM	50187T106
SEI	SOLARIS OILFIELD INFRSTR INC	214,800	$2,597	4.2%	$11.94	-11.3%	COM CL A	83418M103
DHI	D R HORTON INC	61,500	$2,132	3.4%	$33.54	+0.6%	COM	23331A109
—	CENTENNIAL RESOURCE DEV INC	192,100	$2,117	3.4%	$16.37	—	CL A	15136A102
—	C&J ENERGY SVCS INC NEW	137,919	$1,862	3.0%	$29.21	—	COM	12674R100
BRSL	INTERNATIONAL GAME TECHNOLOG	122,514	$1,792	2.9%	$10.61	0.0%	SHS USD	G4863A108
—	SUPERIOR ENERGY SVCS INC	455,600	$1,526	2.5%	$8.04	—	COM	868157108
—	NABORS INDUSTRIES LTD	556,480	$1,113	1.8%	$7.53	—	SHS	G6359F103
NEXT	NEXTDECADE CORP	139,800	$755	1.2%	$9.79	-48.4%	COM	65342K105
—	UNITED STATES OIL FUND LP	487,500	$572	0.9%	—	—	Put	91232N108
—	WEATHERFORD INTL PLC	535,000	$299	0.5%	$2.27	—	ORD SHS	G48833100
HYG	ISHARES TR	246,000	$244	0.4%	—	—	Put	464288513
—	CITIGROUP GLOBAL MKTS HLDGS	17,500	$156	0.3%	$8.91	—	VELOCITYSHARE 3X	17325E291
—	EVERI HLDGS INC	19,814	$102	0.2%	$6.57	—	COM	30034T103
TLT	ISHARES TR	275,000	$14	0.0%	—	—	Put	464287432
—	NABORS INDUSTRIES LTD	210,800	$2	0.0%	$7.53	—	Call	G6359F103