We are live on ! Find out more
CP

Covalent Partners Portfolio holdings

AUM $17.6M
1-Year Est. Return 2.91%
This Fund
S&P 500
This Quarter Est. Return
+6.23%
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
$41.6M
AUM Growth
+$21.4M
Cap. Flow
+$15.9M
Cap. Flow %
38.21%
Top 10 Hldgs %
99.99%
Holding
16
New
1
Increased
2
Reduced
1
Closed
5

Top Buys

Rank Stock Value
1
AMC icon
AMC Entertainment Holdings
AMC
+$1.16M
2
MCS icon
Marcus Corp
MCS
+$979K

Top Sells

Rank Stock Value
1
CNK icon
Cinemark Holdings
CNK
+$1.36M
2
SEAT icon
Vivid Seats
SEAT
+$518K
3
NE icon
Noble Corp
NE
+$401K
4
THCH icon
TH International
THCH
+$15.4K

Sector Composition

Rank Sector Weight
1 Communication Services 15.98%
2 Energy 2.08%
3 Consumer Discretionary 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HYG icon
1
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
$27.4M 65.92%
+340,000
New +$26.8M
MCS icon
2
Marcus Corp
MCS
$953M
$2.82M 6.77%
167,000
+58,000
+53% +$979K
CNK icon
3
Cinemark Holdings
CNK
$4.45B
$2.32M 5.59%
77,000
-45,000
-37% -$1.36M
EPR.PRC icon
4
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$145M
$2.14M 5.15%
85,562
– –
AMC icon
5
AMC Entertainment Holdings
AMC
$2.38B
$1.51M 3.62%
486,000
+391,000
+412% +$1.16M
CRC icon
6
California Resources
CRC
$4.65B
$867K 2.08%
18,974
– –
EPR.PRE icon
7
EPR Properties 9.00% Series E Preferred Shares
EPR.PRE
$112M
$624K 1.5%
20,000
– –
ECXWW
8
ECARX Holdings Warrants
ECXWW
$1.19M
$4.45K 0.01%
75,000
– –
IWM icon
9
PUT
iShares Russell 2000 ETF
IWM
$81.4B
– –
-20,000
Closed -$3.99M
NE icon
10
Noble Corp
NE
$7.34B
– –
-16,931
Closed -$401K
SEAT icon
11
Vivid Seats
SEAT
$78.7M
– –
-8,750
Closed -$518K
SPY icon
12
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$819B
– –
-5,500
Closed -$3.08M
THCH icon
13
TH International
THCH
$36.8M
– –
-5,241
Closed -$15.4K

Similar funds

BCPE
Bain Capital Public Equity Boston, Massachusetts $18M AUM 35.19% 1-Year Est. Return
HAM
Honeycomb Asset Management New York $19.4M AUM 25.86% 1-Year Est. Return
BCA
Boundary Creek Advisors New York $15.3M AUM 0.41% 1-Year Est. Return
BCM
BCK Capital Management Stamford, Connecticut $23M AUM 33.03% 1-Year Est. Return
MS
Mizuho Securities Tokyo, Japan $7.68M AUM 15.91% 1-Year Est. Return
RA
Ritter Alpha New York $4.78M AUM
AIIC
AJU IB Investment Company Seoul, South Korea $30.5M AUM 128.96% 1-Year Est. Return
HFA
Harbert Fund Advisors Birmingham, Alabama $3.03M AUM 40.55% 1-Year Est. Return

Covalent Partners's Q2 2025 Portfolio in Review

As of Q2 2025, Covalent Partners held 16 positions worth $41.6M, up 106% from $20.2M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Covalent Partners deployed $15.9M of net new capital in Q2 2025, opening 1 new position and adding to 2 existing holdings.

By sector, the portfolio is most concentrated in Communication Services at 16% of assets, down from 28% a quarter earlier, followed by Energy and Consumer Discretionary.

On the sell side, the largest reduction was Cinemark Holdings, an estimated $1.36M trimmed.

  • Covalent Partners added most to AMC Entertainment Holdings in Q2 2025, an estimated $1.16M increase.
  • Covalent Partners's biggest Q2 2025 reduction was Cinemark Holdings, cutting an estimated $1.36M.
  • Covalent Partners fully exited Vivid Seats in Q2 2025, selling an estimated $518K.
  • Covalent Partners's ten largest holdings make up 100% of its $41.6M portfolio in Q2 2025.
  • Covalent Partners opened 1 new position and closed 5 in Q2 2025.
  • Covalent Partners's portfolio value rose 106% quarter-over-quarter to $41.6M.

Based on Covalent Partners's 13F filing for Q2 2025, filed 14 Aug 2025.