AI Portfolio Summary
In 2025 Q4, Covalent Partners LLC maintained a portfolio of 19 distinct positions. The most significant new addition to the portfolio was ECB BANCORP INC, which now represents 2.54% of the total fund value. They heavily accumulated shares in ISHARES TR, increasing their position by 82.0%. Conversely, Covalent Partners LLC completely exited their position in GIBRALTAR INDS INC.
Total Positions
19
Quarter
2025 Q4
Top Holding
IWM (49.5%)
Top 10 Concentration
97.4%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-19 of 19
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
IWM
PUT
ISHARES TR
|
PUT Option | 49.49% | 22.78% |
#1
Prev: #1
|
10.0 | 20,500 | 82.0% |
P
S
|
45,500 | $11,200,280 | 2012 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CNK
CINEMARK HLDGS ...
|
Communication Services | 8.68% | 9.18% |
#2
1
Prev: #3
|
3.5 | -2,500 | -2.9% |
P
S
|
84,500 | $1,963,780 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PENN
PENN ENTERTAINM...
|
Consumer Cyclical | 7.17% | 5.44% |
#3
4
Prev: #7
|
5.0 | 35,000 | 46.7% |
P
S
|
110,000 | $1,622,500 | 2013 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
UFPI
UFP INDUSTRIES ...
|
Basic Materials | 6.44% | 6.51% |
#4
1
Prev: #5
|
2.6 | -2,500 | -13.5% |
P
S
|
16,000 | $1,456,800 | 2015 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GCBC
GREENE CNTY BAN...
|
Financial Services | 6.19% | 3.89% |
#5
4
Prev: #9
|
4.6 | 17,329 | 37.9% |
P
S
|
63,000 | $1,400,490 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
TOPGOLF CALLAWA...
|
—
|
Bond/Debt | 4.39% | 3.70% |
#6
5
Prev: #11
|
1.8 | no change | no change |
P
S
|
1,000,000 | $993,800 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
SRBK
SR BANCORP INC
|
Financial Services | 4.17% | 2.29% |
#7
8
Prev: #15
|
3.8 | 19,740 | 49.0% |
P
S
|
60,000 | $944,400 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
PATRICK INDS IN...
|
—
|
Bond/Debt | 3.75% | 9.16% |
#8
4
Prev: #4
|
1.7 | -1,000,000 | -66.7% |
P
S
|
500,000 | $848,500 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
CRC
CALIFORNIA RES ...
|
Energy | 3.75% | 3.80% |
#9
1
Prev: #10
|
1.5 | no change | no change |
P
S
|
18,974 | $848,328 | 2016 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MCS
MARCUS CORP DEL
|
Communication Services | 3.43% | 9.76% |
#10
8
Prev: #2
|
1.6 | -117,000 | -70.1% |
P
S
|
50,000 | $775,500 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ECBK
ECB BANCORP INC
|
Financial Services | 2.54% | — |
#11
Prev: #—
|
3.0 | 33,000 | no change |
NEW
|
33,000 | $573,870 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ECXWW
ECARX HOLDINGS ...
|
Unknown | 0.01% | 0.02% |
#12
6
Prev: #18
|
0.0 | no change | no change |
P
S
|
75,000 | $3,383 | 2022 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ROCK
GIBRALTAR INDS ...
|
Industrials | 0.00% | 6.39% |
Sold All 😨
(Was: #6) |
0.3 | -27,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EPR/PRC
EPR PPTYS
|
Preferred | 0.00% | 5.27% |
Sold All 😨
(Was: #8) |
0.3 | -55,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
SPHERE ENTERTAI...
|
—
|
Bond/Debt | 0.00% | 3.56% |
Sold All 😨
(Was: #12) |
0.3 | -500,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
CZR
CAESARS ENTERTA...
|
Consumer Cyclical | 0.00% | 2.54% |
Sold All 😨
(Was: #13) |
0.3 | -25,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EPR/PRE
EPR PPTYS
|
Preferred | 0.00% | 2.38% |
Sold All 😨
(Was: #14) |
0.3 | -20,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
REGN
REGENERON PHARM...
|
Healthcare | 0.00% | 1.69% |
Sold All 😨
(Was: #16) |
0.3 | -800 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMC
AMC ENTMT HLDGS...
|
Communication Services | 0.00% | 1.64% |
Sold All 😨
(Was: #17) |
0.3 | -150,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-19 of 19 holdings