Covalent Partners LLC Hedge Fund

CIK: 0001531611 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 15, 2019

Total Value ($000): $52,494 (100.0% shares, 0.0% debt)

Holdings (20)

GLPI GAMING & LEISURE PPTYS INC 19.0%

Value ($000) $9,991 Shares 259,029 Est. Cost $36.11 Unrealized —

HAL HALLIBURTON CO 13.0%

Value ($000) $6,827 Shares 233,000 Est. Cost $31.35 Unrealized -16.3%

— PIONEER NAT RES CO 12.5%

Value ($000) $6,587 Shares 43,255 Est. Cost $164.54 Unrealized —

— KEANE GROUP INC 11.2%

Value ($000) $5,859 Shares 538,044 Est. Cost $11.68 Unrealized —

PTEN PATTERSON UTI ENERGY INC 9.1%

Value ($000) $4,768 Shares 340,057 Est. Cost $18.09 Unrealized -27.5%

PUMP PROPETRO HLDG CORP 6.9%

Value ($000) $3,632 Shares 161,125 Est. Cost $15.29 Unrealized +17.1%

— UNIVERSAL FST PRODS INC 5.7%

Value ($000) $2,993 Shares 100,135 Est. Cost $76.50 Unrealized —

BRSL INTERNATIONAL GAME TECHNOLOG 5.5%

Value ($000) $2,890 Shares 222,514 Est. Cost $10.32 Unrealized -3.4%

— NABORS INDUSTRIES LTD 3.6%

Value ($000) $1,914 Shares 556,480 Est. Cost $7.53 Unrealized —

— SUPERIOR ENERGY SVCS INC 3.3%

Value ($000) $1,712 Shares 366,540 Est. Cost $8.04 Unrealized —

LEN LENNAR CORP 3.1%

Value ($000) $1,640 Shares 33,400 Est. Cost $45.77 Unrealized -9.1%

— CENTENNIAL RESOURCE DEV INC 3.0%

Value ($000) $1,601 Shares 182,100 Est. Cost $16.37 Unrealized —

NEXT NEXTDECADE CORP 1.2%

Value ($000) $640 Shares 115,890 Est. Cost $9.79 Unrealized -57.4%

— VANECK VECTORS ETF TR 1.0%

Value ($000) $531 Shares 2,526,200 Est. Cost — Unrealized —

— WEATHERFORD INTL PLC 0.7%

Value ($000) $373 Shares 535,000 Est. Cost $2.27 Unrealized —

HYG ISHARES TR 0.4%

Value ($000) $222 Shares 440,000 Est. Cost — Unrealized —

— UNITED STATES OIL FUND LP 0.2%

Value ($000) $128 Shares 920,000 Est. Cost — Unrealized —

— EP ENERGY CORP 0.2%

Value ($000) $103 Shares 395,521 Est. Cost $0.26 Unrealized —

— CALIFORNIA RES CORP 0.2%

Value ($000) $82 Shares 70,000 Est. Cost — Unrealized —

— NABORS INDUSTRIES LTD 0.0%

Value ($000) $1 Shares 10,000 Est. Cost $7.53 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GLPI	GAMING & LEISURE PPTYS INC	259,029	$9,991	19.0%	$36.11	—	COM	36467J108
HAL	HALLIBURTON CO	233,000	$6,827	13.0%	$31.35	-16.3%	COM	406216101
—	PIONEER NAT RES CO	43,255	$6,587	12.5%	$164.54	—	COM	723787107
—	KEANE GROUP INC	538,044	$5,859	11.2%	$11.68	—	COM	48669A108
PTEN	PATTERSON UTI ENERGY INC	340,057	$4,768	9.1%	$18.09	-27.5%	COM	703481101
PUMP	PROPETRO HLDG CORP	161,125	$3,632	6.9%	$15.29	+17.1%	COM	74347M108
—	UNIVERSAL FST PRODS INC	100,135	$2,993	5.7%	$76.50	—	COM	913543104
BRSL	INTERNATIONAL GAME TECHNOLOG	222,514	$2,890	5.5%	$10.32	-3.4%	SHS USD	G4863A108
—	NABORS INDUSTRIES LTD	556,480	$1,914	3.6%	$7.53	—	SHS	G6359F103
—	SUPERIOR ENERGY SVCS INC	366,540	$1,712	3.3%	$8.04	—	COM	868157108
LEN	LENNAR CORP	33,400	$1,640	3.1%	$45.77	-9.1%	CL A	526057104
—	CENTENNIAL RESOURCE DEV INC	182,100	$1,601	3.0%	$16.37	—	CL A	15136A102
NEXT	NEXTDECADE CORP	115,890	$640	1.2%	$9.79	-57.4%	COM	65342K105
—	VANECK VECTORS ETF TR	2,526,200	$531	1.0%	—	—	Put	92189F718
—	WEATHERFORD INTL PLC	535,000	$373	0.7%	$2.27	—	ORD SHS	G48833100
HYG	ISHARES TR	440,000	$222	0.4%	—	—	Put	464288513
—	UNITED STATES OIL FUND LP	920,000	$128	0.2%	—	—	Put	91232N108
—	EP ENERGY CORP	395,521	$103	0.2%	$0.26	—	CL A	268785102
—	CALIFORNIA RES CORP	70,000	$82	0.2%	—	—	Put	13057Q206
—	NABORS INDUSTRIES LTD	10,000	$1	0.0%	$7.53	—	Call	G6359F103