Covalent Partners Llc
- Regulatory AUM
- $117M
- Discretionary
- $117M
- Clients
- 2
- Avg AUM / client
- $58.6M
- Accounts
- 2
- Employees
- 4
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 30, 2026
Investments (13F portfolio — 16 positions, $17,553,030)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Ishares Tr | RUSSELL 2000 ETF | $3,348,000 | 13,500 | 19.1% | 2.85% |
| 2 | Greene Cnty Bancorp Inc | COM | $1,546,290 | 69,000 | 8.81% | 1.32% |
| 3 | Live Nation Entertainment In | NOTE 3.125% 1/1 | $1,519,000 | 1,000,000 | 8.65% | 1.29% |
| 4 | Penn Entertainment Inc | COM | $1,352,700 | 90,000 | 7.71% | 1.15% |
| 5 | California Res Corp | COM STOCK | $1,313,380 | 18,974 | 7.48% | 1.12% |
| 6 | Ufp Industries Inc | COM | $1,105,440 | 12,000 | 6.3% | 0.94% |
| 7 | Bausch Plus Lomb Corp | COMMON SHARES | $1,033,500 | 65,000 | 5.89% | 0.88% |
| 8 | Sr Bancorp Inc | COM | $1,012,800 | 60,000 | 5.77% | 0.86% |
| 9 | Patrick Inds Inc | NOTE 1.750%12/0 | $865,250 | 500,000 | 4.93% | 0.74% |
| 10 | Marcus Corp Del | COM | $858,500 | 50,000 | 4.89% | 0.73% |
| 11 | Ecb Bancorp Inc | COM | $836,500 | 50,000 | 4.77% | 0.71% |
| 12 | Blackstone Inc | COM | $804,930 | 7,000 | 4.59% | 0.69% |
| 13 | Microsoft Corp | COM | $740,340 | 2,000 | 4.22% | 0.63% |
| 14 | Cinemark Hldgs Inc | COM | $713,000 | 25,000 | 4.06% | 0.61% |
| 15 | Callaway Golf Co | NOTE 2.750% 5/0 | $499,500 | 500,000 | 2.85% | 0.43% |
| 16 | Ecarx Holdings Inc | *W EXP 99/99/999 | $3,900 | 75,000 | 0.02% | 0.0% |
Top 25 of 16 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 2 | $117M | 100.0% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $134M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Covalent Capital Partners Master Fund, L.P. master | Hedge Fund | Cayman Islands | $134M | 16 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Hockett, Robert, Lee | Managing Member | Jul 2005 (21y) | 10% – 25% | |
| Benjes, William, Duncan | Managing Member | May 2009 (17y) | 25% – 50% | |
| Mattera, Gail, Kelly | Cco | Mar 2022 (4y) | Less than 5% | |
| Lamonda, Brett, David | Managing Member | Jan 2024 (3y) | 25% – 50% |
Undisclosed: 0% – 40% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $134M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Covalent Capital Partners Master Fund, L.P. | Hedge Fund | $134M | $5.0M | 16 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.21 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗