Fund Holdings

Covalent Partners LLC

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
LIVE NATION ENTERTAINMENT IN(LYV)00001,519,00010.69%+1,519,000
BAUSCH PLUS LOMB CORP065,000+65,00001,033,5007.28%+1,033,500
BLACKSTONE INC(BX)07,000+7,0000804,9305.67%+804,930
MICROSOFT CORP(MSFT)02,000+2,0000740,3405.21%+740,340
CALIFORNIA RES CORP(CRC)18,97418,9740848,3281,313,3809.25%+465,052
ECB BANCORP INC33,00050,000+17,000573,870836,5005.89%+262,630
GREENE CNTY BANCORP INC63,00069,000+6,0001,400,4901,546,29010.89%+145,800
MARCUS CORP DEL50,00050,0000775,500858,5006.04%+83,000
SR BANCORP INC60,00060,0000944,4001,012,8007.13%+68,400
PATRICK INDS INC(PATK)000848,500865,2506.09%+16,750
ECARX HOLDINGS INC75,00075,00003,3833,9000.03%+517
PENN ENTERTAINMENT INC(PENN)110,00090,000-20,0001,622,5001,352,7009.52%-269,800
UFP INDUSTRIES INC(UFPI)16,00012,000-4,0001,456,8001,105,4407.78%-351,360
CALLAWAY GOLF CO(CALY)000993,800499,5003.52%-494,300
CINEMARK HLDGS INC(CNK)84,50025,000-59,5001,963,780713,0005.02%-1,250,780
ISHARES TR(Put)45,50013,500-32,00011,200,2803,348,000-7,852,280
Page 1 of 1