Covalent Partners LLC — Q1 2021 13F Holdings

Name: Covalent Partners LLC — 13F Holdings, Q1 2021
Creator: AlphaSMO
License: https://www.sec.gov/forms

CIK: 0001531611

Total reported value

$17.6M

← Back to latest quarter

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	9.26%	—	—
2	UFPI	Ufp Industries INC	Stock-Materials	7.92%	-0.14%	+11.11%
3	CCL1EUR	Carnival CORP LTD	Stock-Consumer Disc	6.01%	—	—
4	BNL	Broadstone Net Lease, Inc.	Stock-Real Estate	5.60%	—	—
5	✓	Montes Archimedes Acquisitio	Stock-Other	5.11%	—	—
6	DAL	Delta Air Lines INC	Stock-Industrials	4.58%	—	—
7	✓	Atlas Crest Investment CORP	Stock-Other	4.44%	—	—
8	✓		Stock-Other	4.17%	—	—
9	NCSUSD	Cornerstone Building Brands	Stock-Other	4.15%	—	+41.67%
10	DHI	Dr Horton INC	Stock-Consumer Disc	3.88%	—	—
11	9KG	Nextier Oilfield Solutions I	Stock-Other	3.86%	—	-26.98%
12	✓	B Riley Principal 150 Merger	Stock-Other	3.48%	—	—
13	✓	Silver Crest Acquisition Cor	Stock-Other	3.38%	—	—
14	MVBF	Mvb Financial CORP	Stock-Other	3.24%	—	+56.53%
15	✓	Churchill Capital CORP Vi	Stock-Other	3.17%	—	—
16	WDAY 0.25 10-01-22	Workday INC	Stock-Tech	3.00%	—	—
17	✓	THE Music Acquisition CORP	Stock-Other	2.98%	—	—
18	BBCP	Concrete Pumping Holdings In	Stock-Other	2.90%	—	—
19	HHC*	Howard Hughes Corp/the	Stock-Other	2.65%	—	—
20	✓	Cova Acquisition CORP	Stock-Other	2.60%	—	—
21	✓	Silver Spike Acquisitn CORP	Stock-Other	1.86%	—	—
22	✓	Tzp Strategies Acquistn CORP	Stock-Other	1.78%	—	—
23	✓	Evo Acquisition CORP	Stock-Other	1.73%	—	—
24	✓	Monument Circle Acquisitn Co	Stock-Other	1.26%	—	—
25	✓	Ca Healthcare Acquisition Co	Stock-Other	0.93%	—	—
26	✓	Ftac Athena Acquisition CORP	Stock-Other	0.87%	—	—
27	✓	Mondee Holdings INC Class A Com	Stock-Other	0.85%	—	—
28	CRC	California Resources CORP	Stock-Energy	0.80%	+3.73%	—
29	CDEVEUR	Centennial Resource Develo-a	Stock-Other	0.73%	—	—
30	✓	Novus Capital Corporation Ii	Stock-Other	0.52%	—	—
31	✓	Edify Acquisition CORP	Stock-Other	0.51%	—	—
32	IWM	Ishares Russell 2000 ETF	ETF-Small Cap	0.48%	-30.42%	-32.88%
33	✓	Broadstone Acquisition CORP	Stock-Other	0.20%	—	—
34	✓	Fusion Acquisition CORP Ii	Stock-Other	0.17%	—	—
35	✓	Cf Acquisition CORP Vi	Stock-Other	0.17%	—	—
36	✓	African Gold Acquisition Cor	Stock-Other	0.16%	—	—
37	✓	Montes Archimedes Acquisitio	Stock-Other	0.15%	—	—
38	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	0.10%	—	—
39	✓	THE Music Acquisition CORP	Stock-Other	0.09%	—	—
40	✓	Silver Crest Acquisition Cor	Stock-Other	0.09%	—	—
41	✓	Tzp Strategies Acquistn CORP	Stock-Other	0.04%	—	—
42	✓	Ithax Acquisition CORP	Stock-Other	0.04%	—	—
43	✓	Monument Circle Acquisitn Co	Stock-Other	0.03%	—	—
44	PTEN	Patterson-uti Energy INC	Stock-Energy	0.03%	—	—
45	✓	Ca Healthcare Acquisition Co	Stock-Other	0.03%	—	—
46	✓		Stock-Other	0.01%	—	—
47	OXY	Occidental Petroleum CORP	Stock-Energy	0.01%	—	—

Holding changes this quarter

Position changes disclosed by Covalent Partners LLC for the quarter ending Q1 2021, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	NCSUSD	Cornerstone Building Brands	+1.1%	+41.67%	Add
2	MVBF	Mvb Financial CORP	+1.1%	+56.53%	Add
3	CDEVEUR	Centennial Resource Develo-a	+0.3%	—	Unchanged
4	✓	Broadstone Acquisition CORP	-0.3%	—	Unchanged
5	UFPI	Ufp Industries INC	-0.3%	+11.11%	Add
6	IWM	Ishares Russell 2000 ETF	-0.5%	-32.88%	Trim
7	DAL	Delta Air Lines INC	-1.4%	—	Unchanged
8	WDAY 0.25 10-01-22	Workday INC	-1.6%	—	Unchanged
9	CCL1EUR	Carnival CORP LTD	-1.7%	—	Unchanged
10	BNL	Broadstone Net Lease, Inc.	-3.5%	—	Unchanged
11	9KG	Nextier Oilfield Solutions I	-3.8%	-26.98%	Trim
12	QTWO 0.75 02-15-23	Q2 Holdings INC	-9.1%	—	Unchanged
13	✓	Spring Valey Acquistion Iii Cl A Ord	—	EXIT	Sold out
14	✓	Montes Archimedes Acquisitio	—	NEW	New buy
15	✓	Atlas Crest Investment CORP	—	NEW	New buy
16	✓		—	NEW	New buy
17	DHI	Dr Horton INC	—	NEW	New buy
18	✓	Montes Archimedes Acquisitio	—	EXIT	Sold out
19	CCXI	Churchill Capital Corp XI	—	EXIT	Sold out
20	✓	B Riley Principal 150 Merger	—	NEW	New buy
21	✓	Silver Crest Acquisition Cor	—	NEW	New buy
22	✓	Churchill Capital CORP Vi	—	NEW	New buy
23	✓	Fast Acquisition CORP	—	EXIT	Sold out
24	✓	THE Music Acquisition CORP	—	NEW	New buy
25	BBCP	Concrete Pumping Holdings In	—	NEW	New buy
26	HHC*	Howard Hughes Corp/the	—	NEW	New buy
27	✓	Cova Acquisition CORP	—	NEW	New buy
28	✓	Silver Spike Acquisitn CORP	—	NEW	New buy
29	CCAP	Crescent Capital BDC, Inc.	—	EXIT	Sold out
30	✓	Tzp Strategies Acquistn CORP	—	NEW	New buy
31	✓	Evo Acquisition CORP	—	NEW	New buy
32	✓	Monument Circle Acquisitn Co	—	NEW	New buy
33	✓	Ca Healthcare Acquisition Co	—	NEW	New buy
34	PXDEUR	Pioneer Natural Resources Co	—	EXIT	Sold out
35	✓	Ftac Athena Acquisition CORP	—	NEW	New buy
36	✓	Mondee Holdings INC Class A Com	—	NEW	New buy
37	✓	Novus Capital Corporation Ii	—	NEW	New buy
38	✓	Edify Acquisition CORP	—	NEW	New buy
39	✓	Fast Acquisition CORP	—	EXIT	Sold out
40	✓	Starboard Value Acquisitn Co	—	EXIT	Sold out
41	✓	Cf Acquisition CORP Vi	—	NEW	New buy
42	✓	Fusion Acquisition CORP Ii	—	NEW	New buy
43	✓	African Gold Acquisition Cor	—	NEW	New buy
44	✓	Montes Archimedes Acquisitio	—	NEW	New buy
45	QQQ	Invesco Qqq Trust Series 1	—	NEW	New buy
46	✓	THE Music Acquisition CORP	—	NEW	New buy
47	✓	Silver Crest Acquisition Cor	—	NEW	New buy
48	✓	Tzp Strategies Acquistn CORP	—	NEW	New buy
49	✓	Ithax Acquisition CORP	—	NEW	New buy
50	✓	Monument Circle Acquisitn Co	—	NEW	New buy