# Covalent Partners LLC: Form 13F holdings

An institutional investment manager in CONCORD, MA. SEC CIK 1531611.

- Quarter ended: 2026-03-31
- Filed: 2026-05-15
- Reported value: $17.6m
- Positions: 16 (16 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: not compared; the manager did not file for the quarter before
- Filing: https://www.sec.gov/Archives/edgar/data/1531611/000153161126000004/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Mar 31, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| ISHARES TR | RUSSELL 2000 ETF | $3.3m | 19.1% | 13,500 | Put | Not compared |
| [GREENE CNTY BANCORP INC (GCBC)](/companies/gcbc.md) | COM | $1.5m | 8.8% | 69,000 |  | Not compared |
| LIVE NATION ENTERTAINMENT IN | NOTE 3.125% 1/1 | $1.5m | 8.7% | $1,000,000 principal |  | Not compared |
| [PENN ENTERTAINMENT INC (PENN)](/companies/penn.md) | COM | $1.4m | 7.7% | 90,000 |  | Not compared |
| [CALIFORNIA RES CORP (CRC)](/companies/crc.md) | COM STOCK | $1.3m | 7.5% | 18,974 |  | Not compared |
| [UFP INDUSTRIES INC (UFPI)](/companies/ufpi.md) | COM | $1.1m | 6.3% | 12,000 |  | Not compared |
| [BAUSCH PLUS LOMB CORP (BLCO)](/companies/blco.md) | COMMON SHARES | $1.0m | 5.9% | 65,000 |  | Not compared |
| [SR BANCORP INC (SRBK)](/companies/srbk.md) | COM | $1.0m | 5.8% | 60,000 |  | Not compared |
| PATRICK INDS INC | NOTE 1.750%12/0 | $865.3k | 4.9% | $500,000 principal |  | Not compared |
| [MARCUS CORP DEL (MCS)](/companies/mcs.md) | COM | $858.5k | 4.9% | 50,000 |  | Not compared |
| [ECB BANCORP INC (ECBK)](/companies/ecbk.md) | COM | $836.5k | 4.8% | 50,000 |  | Not compared |
| [BLACKSTONE INC (BX)](/companies/bx.md) | COM | $804.9k | 4.6% | 7,000 |  | Not compared |
| [MICROSOFT CORP (MSFT)](/companies/msft.md) | COM | $740.3k | 4.2% | 2,000 |  | Not compared |
| [CINEMARK HLDGS INC (CNK)](/companies/cnk.md) | COM | $713.0k | 4.1% | 25,000 |  | Not compared |
| CALLAWAY GOLF CO | NOTE 2.750% 5/0 | $499.5k | 2.8% | $500,000 principal |  | Not compared |
| ECARX HOLDINGS INC | \*W EXP 99/99/999 | $3.9k | <0.1% | 75,000 |  | Not compared |

Source: SEC EDGAR, Form 13F-HR, accession 0001531611-26-000004. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.