Covalent Partners LLC

CIK

1531611

Location

CONCORD, MA

Portfolio Value

Micro $11,317,380

Diversification

Diversified

Filing Date

Global Rank

#8,688 / 8,807 ▲ 40 · as of Mar 2026

Top Industry

Banks - Regional 30.0%

Period ended 6 months ago

Filed May 15, 2026 · 5mo

25 quarters · since Mar 2020

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

13 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

13.7%

−6.8 pts

Top 5

56.1%

−21.0 pts

Top 10

93.7%

−6.3 pts

HHI

968

Diversified−459

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	37.1%	$4,200,520	4
Communication Services	13.9%	$1,571,500	2
Consumer Cyclical	12.0%	$1,352,700	2
Energy	11.6%	$1,313,380	1
Basic Materials	9.8%	$1,105,440	1
Healthcare	9.1%	$1,033,500	1
Technology	6.5%	$740,340	1
Unclassified	0.0%	$0	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
ECBK	ECB Bancorp, Inc. /MD/	+17,000	50,000	$836,500
GCBC	Greene County Bancorp Inc	+6,000	69,000	$1,546,290
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
CNK	Cinemark Holdings, Inc.	−59,500	25,000	$713,000
AAXJ	iShares MSCI All Country Asia ex Japan ETF	−32,000	13,500	$0
PENN	PENN Entertainment, Inc.	−20,000	90,000	$1,352,700
UFPI	Ufp Industries Inc	−4,000	12,000	$1,105,440
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
BLCO	Bausch & Lomb Corp	65,000	$1,033,500
BX	Blackstone Inc.	7,000	$804,930
MSFT	Microsoft Corp	2,000	$740,340
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

13 tracked positions · $11,317,380 total · filing declares 16 positions · $17,553,030 · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Energy Financial Services Healthcare Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GCBC	Greene County Bancorp Inc Financial Services	Added	69,000	+6,000	$1,546,290	+10.4%	13.66%
PENN	PENN Entertainment, Inc. Consumer Cyclical	Reduced	90,000	-20,000	$1,352,700	−16.6%	11.95%
CRC	California Resources Corp Energy	Held	18,974	0	$1,313,380	+54.8%	11.60%
UFPI	Ufp Industries Inc Basic Materials	Reduced	12,000	-4,000	$1,105,440	−24.1%	9.77%
BLCO	Bausch & Lomb Corp Healthcare	NEW	65,000	NEW	$1,033,500	NEW	9.13%
SRBK	SR Bancorp, Inc. Financial Services	Held	60,000	0	$1,012,800	+7.2%	8.95%
MCS	Marcus Corp Communication Services	Held	50,000	0	$858,500	+10.7%	7.59%
ECBK	ECB Bancorp, Inc. /MD/ Financial Services	Added	50,000	+17,000	$836,500	+45.8%	7.39%
BX	Blackstone Inc. Financial Services	NEW	7,000	NEW	$804,930	NEW	7.11%
MSFT	Microsoft Corp Technology	NEW	2,000	NEW	$740,340	NEW	6.54%
CNK	Cinemark Holdings, Inc. Communication Services	Reduced	25,000	-59,500	$713,000	−63.7%	6.30%
ECX	ECARX Holdings Inc. Consumer Cyclical	Held	75,000	0	$0	—	0.00%
AAXJ	iShares MSCI All Country Asia ex Japan ETF	Reduced	13,500	-32,000	$0	—	0.00%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.