Covalent Partners LLC — Q2 2020 13F Holdings

Name: Covalent Partners LLC — 13F Holdings, Q2 2020
Creator: AlphaSMO
License: https://www.sec.gov/forms

CIK: 0001531611

Total reported value

$17.6M

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	QTWO 0.75 02-15-23	Q2 Holdings INC	Stock-Tech	32.07%	—	—
2	9KG	Nextier Oilfield Solutions I	Stock-Other	14.62%	—	-52.62%
3	DAL	Delta Air Lines INC	Stock-Industrials	11.48%	—	—
4	TREE 0.625 06-01-22	Lendingtree INC	Stock-Other	10.16%	—	—
5	WDAY 0.25 10-01-22	Workday INC	Stock-Tech	9.37%	—	—
6	AAL	American Airlines Group INC	Stock-Industrials	6.08%	—	+577.06%
7	GLPI	Gaming And Leisure Propertie	Stock-Real Estate	5.10%	—	-85.09%
8	PXDEUR	Pioneer Natural Resources Co	Stock-Other	3.00%	—	-90.48%
9	NCSUSD	Cornerstone Building Brands	Stock-Other	2.27%	—	—
10	IWM	Ishares Russell 2000 ETF	ETF-Small Cap	1.85%	-30.42%	-61.56%
11	HAL	Halliburton Co	Stock-Energy	0.94%	—	—
12	✓	Superior Energy Svcs INC	Stock-Other	0.80%	—	-52.33%
13	OIH	Vaneck Oil Services ETF	ETF-Other	0.73%	—	—
14	NE	Noble Corporation plc	Stock-Energy	0.68%	—	—
15	CDEVEUR	Centennial Resource Develo-a	Stock-Other	0.61%	—	—
16	NINEQ	Nine Energy Service INC	Stock-Other	0.23%	—	—

Position changes disclosed by Covalent Partners LLC for the quarter ending Q2 2020, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	QTWO 0.75 02-15-23	Q2 Holdings INC	+17.3%	—	Unchanged
2	AAL	American Airlines Group INC	+5.8%	+577.06%	Add
3	TREE 0.625 06-01-22	Lendingtree INC	+5.6%	—	Unchanged
4	9KG	Nextier Oilfield Solutions I	+5.6%	-52.62%	Trim
5	WDAY 0.25 10-01-22	Workday INC	+4.7%	—	Unchanged
6	IWM	Ishares Russell 2000 ETF	+1.7%	-61.56%	Trim
7	NCSUSD	Cornerstone Building Brands	+1.2%	—	Unchanged
8	CDEVEUR	Centennial Resource Develo-a	+0.5%	—	Unchanged
9	NE	Noble Corporation plc	+0.3%	—	Unchanged
10	✓	Superior Energy Svcs INC	-0.5%	-52.33%	Trim
11	PXDEUR	Pioneer Natural Resources Co	-5.3%	-90.48%	Trim
12	GLPI	Gaming And Leisure Propertie	-11.7%	-85.09%	Trim
13	TSLA 2 05-15-24	Tesla INC	—	EXIT	Sold out
14	RNG 0 03-15-23	Ringcentral INC	—	EXIT	Sold out
15	DAL	Delta Air Lines INC	—	NEW	New buy
16	UPS	United Parcel Service, Inc.	—	EXIT	Sold out
17	UVXY	ProShares Ultra VIX Short-Term Futures ETF	—	EXIT	Sold out
18	MCRI	Monarch Casino & Resort INC	—	EXIT	Sold out
19	SPY	Ss Spdr S&p 500 ETF Trust-us	—	EXIT	Sold out
20	PUMP	Propetro Holding CORP	—	EXIT	Sold out
21	HYG	Ishr Ibx Usd Hiyld Cb Etf-ui	—	EXIT	Sold out
22	HAL	Halliburton Co	—	NEW	New buy
23	XLI	Ss Industrial Select Sector	—	EXIT	Sold out
24	EEM	Ishares Msci Emerging Market	—	EXIT	Sold out
25	OIH	Vaneck Oil Services ETF	—	NEW	New buy
26	QQQ	Invesco Qqq Trust Series 1	—	EXIT	Sold out
27	NINEQ	Nine Energy Service INC	—	NEW	New buy