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CP
Covalent Partners Portfolio holdings
AUM
$17.6M
1-Year Est. Return
2.91%
This Fund
S&P 500
This Quarter
Est. Return
+8.45%
1 Year Est. Return
+2.91%
3 Year Est. Return
+36.56%
5 Year Est. Return
+67.28%
10 Year Est. Return
+115.1%
AUM
$286M
AUM Growth
–
Cap. Flow
+$234M
Cap. Flow
% of AUM
81.73%
Top 10 Holdings %
Top 10 Hldgs %
62.94%
Holding
29
New
26
Increased
–
Reduced
–
Closed
–
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Citigroup
C
|
+$19.9M |
| 2 |
PNK
Pinnacle Entertainment Inc.
PNK
|
+$19.3M |
| 3 |
CNR
Cornerstone Building Brands, Inc.
CNR
|
+$17.1M |
| 4 |
Dana Inc
DAN
|
+$16M |
| 5 |
Sinclair Inc
SBGI
|
+$15.7M |
Top Sells
No sells this quarter
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 32.88% |
| 2 | Financials | 15.43% |
| 3 | Industrials | 12.34% |
| 4 | Communication Services | 7.59% |
| 5 | Real Estate | 3.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PNK
1
DELISTED
Pinnacle Entertainment Inc.
PNK
| $20.3M | 7.09% |
+1,030,082
| New | +$19.3M |
|
|
2
Citigroup
C
$221B
| $19.9M | 6.96% |
+414,642
| New | +$19.9M |
|
|
3
Sinclair Inc
SBGI
$1.05B
| $17.7M | 6.18% |
+601,645
| New | +$15.7M |
|
|
4
Dana Inc
DAN
$3.24B
| $17.4M | 6.08% |
+902,488
| New | +$16M |
|
|
CNR
5
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $16.1M | 5.63% |
+1,052,069
| New | +$17.1M |
|
6
General Motors
GM
$76.3B
| $16.1M | 5.63% |
+482,600
| New | +$15.3M |
|
|
ASCA
7
DELISTED
AMERISTAR CASINOS INC
ASCA
| $15.2M | 5.32% |
+578,161
| New | +$15.2M |
|
|
WMS
8
DELISTED
WMS INDS INC
WMS
| $12.1M | 4.24% |
+475,267
| New | +$12.1M |
|
|
ISCA
9
DELISTED
International Speedway Corp
ISCA
| $12M | 4.19% |
+380,441
| New | +$12.7M |
|
|
BEE
10
DELISTED
STRATEGIC HOTELS & RESORTS, INC
BEE
| $9.44M | 3.3% |
+1,065,837
| New | +$8.77M |
|
|
CIT
11
DELISTED
CIT Group Inc.
CIT
| $8.97M | 3.14% |
+192,300
| New | +$8.5M |
|
12
Santander
BSBR
$43.3B
| $8.92M | 3.12% |
+1,496,480
| New | +$10.1M |
|
13
Ford
F
$55.5B
| $8.07M | 2.83% |
+522,000
| New | +$7.48M |
|
14
MGM Resorts International
MGM
$11B
| $7.92M | 2.77% |
+535,500
| New | +$7.57M |
|
|
LCC
15
DELISTED
US AIRWAYS GROUP INC.
LCC
| $7.06M | 2.47% |
+429,800
| New | +$7.27M |
|
16
Goldman Sachs
GS
$302B
| $6.32M | 2.21% |
+41,800
| New | +$6.38M |
|
17
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $6.25M | 2.19% |
+162,262
| New | +$6.73M |
|
|
TRK
18
DELISTED
Speedway Motorsports, Inc.
TRK
| $6M | 2.1% |
+344,902
| New | +$6.21M |
|
19
Apple
AAPL
$4.53T
| $5.99M | 2.1% |
+422,800
| New | +$6.5M |
|
|
CMLS
20
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $4.01M | 1.4% |
+147,881
| New | +$4.08M |
|
21
Ligand Pharmaceuticals
LGND
$5.59B
| $3.28M | 1.15% |
+140,402
| New | +$2.53M |
|
|
XRM
22
DELISTED
Xerium Technologies Inc (new)
XRM
| $2.62M | 0.92% |
+257,461
| New | +$2.31M |
|
|
BRSL
23
Brightstar Lottery PLC
BRSL
$2.16B
| $2.52M | 0.88% |
+150,500
| New | +$2.58M |
|
24
State Street SPDR S&P 500 ETF Trust
SPY
$819B
| $2.04M | 0.71% |
+12,700
| New | +$2.05M |
|
25
Stoneridge
SRI
$205M
| $1.13M | 0.39% |
+96,687
| New | +$895K |
|
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Covalent Partners's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Covalent Partners, which disclosed 29 positions worth $286M. Its ten largest holdings account for 63% of the portfolio.
Its largest position is Citigroup: 414,642 shares worth $19.9M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 33% of assets, followed by Financials and Industrials.
- Covalent Partners's largest Q2 2013 buy was Citigroup: 414,642 shares worth $19.9M.
- Covalent Partners's ten largest holdings make up 63% of its $286M portfolio in Q2 2013.
- Covalent Partners disclosed 29 positions in Q2 2013, its first 13F filing on record.
Based on Covalent Partners's 13F filing for Q2 2013, filed 14 Aug 2013.