Covalent Partners LLC reported 12 positions worth $11.32M for the quarter ended Mar 31, 2026, up 18.1% on the prior quarter. It opened 3 new positions, added to 2, trimmed 3 and exited 0. Its largest holding is Greene County Bancorp Inc at 13.7% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
No positions were closed this quarter.
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | GCBC Greene County Bancorp Inc | Financial Services | 69.0K | $1.55M | 13.66% | +6,000 | +9.5% | Added | 0.41% |
| 2 | PENN PENN Entertainment, Inc. | Consumer Discretionary | 90.0K | $1.35M | 11.95% | -20.0K | -18.2% | Reduced | 0.07% |
| 3 | CRC California Resources Corp | Energy | 19.0K | $1.31M | 11.6% | 0 | 0.0% | Unchanged | 0.02% |
| 4 | UFPI Ufp Industries Inc | Industrials | 12.0K | $1.11M | 9.76% | -4,000 | -25.0% | Reduced | 0.02% |
| 5 | BLCO Bausch & Lomb Corp | Healthcare | 65.0K | $1.03M | 9.13% | +65.0K | – | New | 0.02% |
| 6 | SRBK SR Bancorp, Inc. | Financial Services | 60.0K | $1.01M | 8.95% | 0 | 0.0% | Unchanged | 0.72% |
| 7 | MCS Marcus Corp | Communication Services | 50.0K | $858.50K | 7.58% | 0 | 0.0% | Unchanged | 0.16% |
| 8 | ECBK ECB Bancorp, Inc. | Financial Services | 50.0K | $836.50K | 7.39% | +17.0K | +51.5% | Added | 0.57% |
| 9 | BX Blackstone Inc. | Financial Services | 7,000 | $804.93K | 7.11% | +7,000 | – | New | 0% |
| 10 | MSFT Microsoft Corp | Technology | 2,000 | $740.34K | 6.54% | +2,000 | – | New | 0% |
| 11 | CNK Cinemark Holdings, Inc. | Communication Services | 25.0K | $713.00K | 6.3% | -59.5K | -70.4% | Reduced | 0.01% |
| 12 | ECXWW ECARX Holdings Inc. | Technology | 75.0K | $3.90K | 0.034% | 0 | 0.0% | Unchanged | 0% |
Tip. Select a row to see that position’s full history at Covalent Partners.
As of its Q1 2026 13F filing, Covalent Partners LLC’s five largest positions were Greene County Bancorp Inc (GCBC) at 13.7%, PENN Entertainment, Inc. (PENN) at 11.9%, California Resources Corp (CRC) at 11.6%, Ufp Industries Inc (UFPI) at 9.8%, Bausch & Lomb Corp (BLCO) at 9.1% of the reported portfolio.
Covalent Partners LLC reported a 13F portfolio worth $11.32M across 12 positions for Q1 2026. That is up 18.1% from the previous quarter.
Its largest purchases by value were Bausch & Lomb Corp ($1.03M), Blackstone Inc. ($804.93K), Microsoft Corp ($740.34K). It opened 3 new positions.
Its largest sales by value were Cinemark Holdings, Inc. ($1.70M), Ufp Industries Inc ($368.48K), PENN Entertainment, Inc. ($300.60K). It exited 0 positions entirely.
From the Form 13F-HR reports Covalent Partners LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.