Covalent Partners
Latest statistics and disclosures from Covalent Partners's latest quarterly 13F-HR filing:
- Top 5 stock holdings are D R Horton Inc note 2.000% 5/1, Citi, SBGI, SRI, Mgm Mirage conv. These five stock positions account for 35.99% of Covalent Partners's total stock portfolio.
- Added to shares of ASCA (+$13.77M), CIT (+$6.00M), LCC (+$5.59M), SPY (+$5.36M), D R Horton Inc note 2.000% 5/1, BSBR, GM, TRK, Spdr S&p 500 Etf Tr option, WMS.
- Started new stock positions in LCC, CIT, ASCA, Spdr S&p 500 Etf Tr option, SPY.
- Reduced shares in these stocks: AAPL (-$177.45M), DELL (-$22.31M), BAC (-$12.00M), SBGI (-$10.40M), NCS (-$10.31M), DAN (-$8.94M), CMLS (-$8.27M), GE (-$7.34M), GGC (-$5.85M), PNK (-$5.69M).
- Sold out of its positions in BCS, BYD, CMCO, FXE, DELL, GE, GGC, IGT, ISLE, Caesar Stone Sdot Yam.
- As of March 31, 2013, Covalent Partners has $299.75M in assets under management (AUM). Assets under management dropped from a total value of $539.75M to $299.75M.
- Independent of market fluctuations, Covalent Partners was a net seller by $249.42M worth of stocks in the most recent quarter.
Covalent Partners portfolio companies for quarter ending March 2013
| Ticker | Name | Portfolio Weight | Change | Share Count | Price | Last Trade |
|---|---|---|---|---|---|---|
| D R Horton Inc note 2.000% 5/1 | 12.54 | +11.00% | 20000000 | 1.88 | 0.00 | |
| Citi | 6.86 | -5.00% | 464642 | 44.24 | 0.00 | |
| SBGI | Sinclair Broadcast | 5.88 | -37.00% | 869240 | 20.29 | 26.42 |
| SRI | Stoneridge | 5.43 | 2131868 | 7.63 | 10.45 | |
| Mgm Mirage conv | 5.27 | 14500000 | 1.09 | 0.00 | ||
| GM | General Motors Company | 5.10 | +17.00% | 549600 | 27.82 | 33.72 |
| PNK | Pinnacle Entertainment | 4.92 | -27.00% | 1008201 | 14.62 | 20.93 |
| DAN | Dana Holding Corporation | 4.88 | -37.00% | 820488 | 17.83 | 18.49 |
| ASCA | Ameristar Casinos | 4.59 | NEW | 524861 | 26.23 | 26.43 |
| ISCA | International Speedway Corporation | 4.15 | +4.00% | 380441 | 32.68 | 34.55 |
| NCS | NCI Building Systems | 4.09 | -45.00% | 706159 | 17.37 | 16.72 |
| WMS | WMS Industries | 4.00 | +6.00% | 475267 | 25.21 | 25.36 |
| BLC | Belo | 3.63 | -34.00% | 1106980 | 9.83 | 11.63 |
| GAME Technolog debt | 3.60 | 10000000 | 1.08 | 0.00 | ||
| AAPL | Apple | 2.63 | -95.00% | 17800 | 442.64 | 446.26 |
| F | Ford Motor Company | 2.60 | +8.00% | 593000 | 13.15 | 15.10 |
| BSBR | Banco Santander | 2.58 | +52.00% | 1063410 | 7.26 | 7.29 |
| BEE | Strategic Hotels & Resorts | 2.07 | -28.00% | 743837 | 8.35 | 8.50 |
| TRK | Speedway Motorsports | 2.07 | +46.00% | 344902 | 17.99 | 18.00 |
| GS | Goldman Sachs | 2.05 | 41800 | 147.15 | 160.15 | |
| CIT | CIT | 2.00 | NEW | 138000 | 43.48 | 45.24 |
| CMLS | Cumulus Media | 1.88 | -59.00% | 1671449 | 3.37 | 3.86 |
| LCC | US Airways | 1.87 | NEW | 329500 | 16.97 | 17.92 |
| SPY | SPDR S&P; 500 ETF | 1.79 | NEW | 34215 | 156.66 | 167.07 |
| Ligand Pharmaceuticals In | 1.55 | 174589 | 26.65 | 0.00 | ||
| Xerium Technologies | 0.86 | 473154 | 5.44 | 0.00 | ||
| XIDE | Exide Technologies | 0.37 | 408099 | 2.70 | 0.90 | |
| BAC | Bank of America Corporation | 0.33 | -92.00% | 81638 | 12.18 | 13.56 |
| Spdr S&p 500 Etf Tr option | 0.32 | NEW | 790000 | 1.23 | 0.00 | |
| IWM | iShares Russell 2000 Index | 0.08 | +354.00% | 1000000 | 0.25 | 99.01 |
Past 13F-HR SEC Filings for Covalent Partners
- Covalent Partners 2012 Q4 amended - filed May 14, 2013
- Covalent Partners 2012 Q3 - filed Nov. 14, 2012
- Covalent Partners 2012 Q2 - filed Aug. 14, 2012
- Covalent Partners 2012 Q1 - filed May 15, 2012
- Covalent Partners 2011 Q4 - filed Feb. 14, 2012