CP

Covalent Partners Portfolio holdings

AUM $14.2M
This Quarter Return
+8.9%
1 Year Return
+6.41%
3 Year Return
+42.87%
5 Year Return
+92.12%
10 Year Return
+223.32%
AUM
$27.6M
AUM Growth
+$27.6M
Cap. Flow
-$2.62M
Cap. Flow %
-9.49%
Top 10 Hldgs %
93.2%
Holding
31
New
4
Increased
1
Reduced
2
Closed
5

Top Buys

1
BALY icon
Bally's
BALY
$700K
2
LUV icon
Southwest Airlines
LUV
$362K
3
NE.WS icon
Noble Corporation plc Tranche 1 Warrants
NE.WS
$170K
4
NE.WS.A icon
Noble Corporation plc Tranche 2 Warrants
NE.WS.A
$155K
5
THCH icon
TH International
THCH
$75.2K

Top Sells

1
CCVI
Churchill Capital Corp VI
CCVI
$2.02M
2
TAST
Carrols Restaurant Group, Inc.
TAST
$1.01M
3
DAL icon
Delta Air Lines
DAL
$666K
4
BHC icon
Bausch Health
BHC
$324K
5
THCHW
TH International Limited Warrant
THCHW
$53.9K

Sector Composition

1 Industrials 20.28%
2 Energy 9.47%
3 Consumer Discretionary 6.44%
4 Healthcare 2.3%
5 Financials 0%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
IEF icon
1
iShares 7-10 Year Treasury Bond ETF
IEF
$35.7B
$4.22M 15.26% 43,639 – –
DAL icon
2
Delta Air Lines
DAL
$40.3B
$3.07M 11.1% 64,500 -14,000 -18% -$666K
LUV icon
3
Southwest Airlines
LUV
$17.3B
$2.53M 9.18% 70,000 +10,000 +17% +$362K
PR icon
4
Permian Resources
PR
$10B
$1.1M 3.97% 100,000 – –
CRC icon
5
California Resources
CRC
$4.16B
$859K 3.11% 18,974 – –
BALY icon
6
Bally's
BALY
$489M
$700K 2.54% +45,000 New +$700K
NE icon
7
Noble Corp
NE
$4.58B
$661K 2.39% 16,000 – –
TAST
8
DELISTED
Carrols Restaurant Group, Inc.
TAST
$504K 1.82% 100,000 -200,000 -67% -$1.01M
GTIM icon
9
Good Times Restaurants
GTIM
$17.6M
$500K 1.81% 146,924 – –
PDEX icon
10
Pro-Dex
PDEX
$153M
$390K 1.41% 20,421 – –
ROIVW
11
DELISTED
Roivant Sciences Ltd. Warrant
ROIVW
$248K 0.9% 100,000 – –
BLCO icon
12
Bausch + Lomb
BLCO
$5.18B
$245K 0.89% 12,200 – –
NE.WS icon
13
Noble Corporation plc Tranche 1 Warrants
NE.WS
$3.08B
$170K 0.61% +6,228 New +$170K
NE.WS.A icon
14
Noble Corporation plc Tranche 2 Warrants
NE.WS.A
$1.31B
$155K 0.56% +6,228 New +$155K
THCH icon
15
TH International
THCH
$81.3M
$75.2K 0.27% +26,208 New +$75.2K
CIFRW icon
16
Cipher Mining Inc. Warrant
CIFRW
$686M
$50K 0.18% 100,000 – –
EVTL.WS
17
DELISTED
Vertical Aerospace Ltd. Warrants, each whole warrant exercisable for 1/10th of an ordinary share at an exercise price of $115.00 per share
EVTL.WS
$29.5K 0.11% 164,100 – –
CCVI.WS
18
DELISTED
Churchill Capital Corp VI Warrants, each exercisable for one share of Class A common stock at an exercise price of $11.50 per share
CCVI.WS
$7.2K 0.03% 40,000 – –
ECXWW
19
ECARX Holdings Inc. Warrants
ECXWW
$1.74M
$5.57K 0.02% 75,000 – –
FAZEW
20
DELISTED
FaZe Holdings Inc. Warrant
FAZEW
$1.5K 0.01% 65,000 – –
LMDXW
21
DELISTED
LumiraDx Limited Warrant
LMDXW
$822 ﹤0.01% 27,500 – –
AEAEW
22
DELISTED
AltEnergy Acquisition Corp. Warrant
AEAEW
$788 ﹤0.01% 22,500 – –
EACPW
23
DELISTED
Edify Acquisition Corp. Warrant
EACPW
$488 ﹤0.01% 15,000 – –
BHC icon
24
Bausch Health
BHC
$2.74B
– – -40,000 Closed -$324K
SPY icon
25
SPDR S&P 500 ETF Trust
SPY
$658B
– – 0 – –
1
2