Covalent Partners LLC 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Covalent Partners LLC disclosed 13 US equity positions worth $13.1m in its Q1 2025 13F filing. The largest position was CNK at 23.1% of the reported book, followed by PATRICK INDS INC and EPR PPTYS. Against the Q4 2024 filing, it opened 3 new positions, added to 3 and reduced 2 among the top 13 holdings.
What did Covalent Partners LLC own in Q1 2025? Top 13 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | CNK CINEMARK HLDGS INC | Communication Services | 23.1% | $3.0m | 122,000 | 74% | added |
| 2 | PATRICK INDS INC | 16.0% | $2.1m | 1,500,000 | – | new | |
| 3 | EPR PPTYS | 15.0% | $2.0m | 85,562 | -10% | reduced | |
| 4 | MCS MARCUS CORP DEL | Communication Services | 13.8% | $1.8m | 109,000 | 36% | added |
| 5 | CALY TOPGOLF CALLAWAY BRANDS CORP | 7.4% | $971.0k | 1,000,000 | – | new | |
| 6 | CRC CALIFORNIA RES CORP | Energy | 6.3% | $834.3k | 18,974 | 0% | held |
| 7 | SPHR SPHERE ENTERTAINMENT CO | 4.6% | $601.8k | 500,000 | 0% | held | |
| 8 | EPR PPTYS | 4.6% | $600.2k | 20,000 | 0% | held | |
| 9 | VIVID SEATS INC | 3.9% | $518.0k | 175,000 | -42% | reduced | |
| 10 | NOBLE CORP PLC | 3.1% | $401.3k | 16,931 | 0% | held | |
| 11 | AMC AMC ENTMT HLDGS INC | Communication Services | 2.1% | $272.6k | 95,000 | 58% | added |
| 12 | TH INTERNATIONAL LIMITED | 0.1% | $15.4k | 5,241 | – | new | |
| 13 | ECARX HOLDINGS INC | 0.0% | $4.5k | 75,000 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.