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Covalis Capital LLP

CIK 0001698819

Annualised vol
11.751521%
Beta
0.342731
HHI
275.786492
Top-10 weight
41.770265%
VaR 95%
1.056771%
VaR 99%
1.897929%
Max drawdown
36.782547%
Matched value
69.093089%

Returns of reported holdings

Loading returns…

Position changes vs prior quarter

What the latest 13F shows bought and sold against the quarter before, by share count.

TickerChangeShares nowShares beforeShare change %Value now ($)
PCG ADDED 8,772,024 7,913,377 10.85% 147,545,444
AR ADDED 2,634,969 923,808 185.23% 92,592,811
AEE NEW 629,746 - - 71,186,488
AM ADDED 3,031,515 985,162 207.72% 68,966,966
PPL ADDED 1,788,306 320,294 458.33% 65,004,923
EQT ADDED 956,598 319,919 199.01% 50,862,316
LNG NEW 188,557 - - 45,067,009
CRWV NEW 410,049 - - 40,816,277
EMA NEW 734,477 - - 38,946,047
BKV ADDED 1,414,178 604,211 134.05% 38,691,910
BWA ADDED 514,287 152,701 236.79% 34,148,657
APA NEW 1,006,739 - - 32,789,489
DAN REDUCED 1,066,246 1,199,138 -11.08% 29,012,554
CLSK NEW 1,973,047 - - 28,707,834
DTE REDUCED 155,703 261,855 -40.54% 23,724,466
CAT REDUCED 20,906 34,059 -38.62% 22,262,799
VGNT NEW 499,633 - - 20,989,582
AN NEW 112,291 - - 20,862,545
TRP ADDED 303,624 300,700 0.97% 20,119,665
FPS ADDED 350,000 325,741 7.45% 19,551,000
GPI REDUCED 64,293 122,127 -47.36% 18,720,193
LBTYA NEW 1,645,963 - - 18,714,599
CIFR NEW 751,077 - - 18,401,387
XEL REDUCED 186,000 400,817 -53.59% 14,935,800
IREN NEW 308,405 - - 14,103,361
MWH REDUCED 400,000 697,110 -42.62% 13,620,000
VALE ADDED 905,082 556,974 62.5% 13,612,433
RBA REDUCED 112,449 359,281 -68.7% 13,094,686
MTZ NEW 30,842 - - 12,832,123
WH NEW 137,295 - - 11,561,612
FLR ADDED 207,907 122,799 69.31% 10,892,248
VST NEW 63,683 - - 10,102,034
NRG REDUCED 68,264 90,000 -24.15% 9,970,640
TECK ADDED 143,805 134,252 7.12% 8,550,645
TEX NEW 110,239 - - 7,980,201
SRE ADDED 85,265 14,349 494.22% 7,904,918
FRVO NEW 250,000 - - 7,307,500
KNTK NEW 135,983 - - 6,573,418
LGN REDUCED 75,000 80,000 -6.25% 6,392,250
WMG REDUCED 213,949 771,307 -72.26% 5,791,599
ADNT NEW 304,226 - - 5,591,674
XE NEW 301,185 - - 5,529,757
ITRI NEW 63,311 - - 5,478,301
DPC NEW 110,000 - - 5,396,600
FCX NEW 79,560 - - 5,003,528
NFG REDUCED 64,082 182,217 -64.83% 4,947,771
HAL REDUCED 134,457 183,978 -26.92% 4,564,815
FSLR NEW 16,983 - - 4,007,309
VC REDUCED 37,282 220,164 -83.07% 3,698,747
ABG REDUCED 16,466 51,719 -68.16% 3,310,983
QNT NEW 40,000 - - 3,269,600
SARO REDUCED 100,000 150,000 -33.33% 2,991,000
CBRS NEW 10,000 - - 2,210,000
NXT NEW 17,419 - - 2,075,300
CMI REDUCED 2,892 41,008 -92.95% 2,062,603
NMG NEW 1,363,226 - - 2,044,839
KMX NEW 38,003 - - 2,009,979
HBM NEW 84,691 - - 1,999,555
DTM REDUCED 13,280 15,814 -16.02% 1,948,707
SOC NEW 595,911 - - 1,835,406
ECHO NEW 16,861 - - 1,711,392
HONA NEW 6,000 - - 1,326,480
MAIR NEW 30,000 - - 1,170,000
DAR REDUCED 21,319 58,652 -63.65% 1,164,444
XPO NEW 5,011 - - 1,028,708
TSLA NEW 2,428 - - 1,021,217
MUR NEW 29,117 - - 948,050
JAGU REDUCED 520,201 699,998 -25.69% 868,736
OCTV NEW 48,201 - - 785,676
STLA REDUCED 148,000 1,932,868 -92.34% 737,040
WOLF REDUCED 10,000 20,000 -50.0% 482,500
PBK ADDED 509,005 350,000 45.43% 351,213
KOS CLOSED OUT 0 3,162,820 -100.0% 0
CLF CLOSED OUT 0 1,080,308 -100.0% 0
APLD CLOSED OUT 0 738,143 -100.0% 0
DUOT CLOSED OUT 0 696,999 -100.0% 0
OGE CLOSED OUT 0 508,422 -100.0% 0
ACHR CLOSED OUT 0 500,000 -100.0% 0
VNOM CLOSED OUT 0 400,000 -100.0% 0
APTV CLOSED OUT 0 252,462 -100.0% 0
FE CLOSED OUT 0 246,147 -100.0% 0
SW CLOSED OUT 0 203,407 -100.0% 0
ETN CLOSED OUT 0 203,223 -100.0% 0
FANG CLOSED OUT 0 128,110 -100.0% 0
BP CLOSED OUT 0 126,525 -100.0% 0
LODE CLOSED OUT 0 125,000 -100.0% 0
VIK CLOSED OUT 0 125,000 -100.0% 0
OMC CLOSED OUT 0 119,608 -100.0% 0
URI CLOSED OUT 0 108,487 -100.0% 0
SHEL CLOSED OUT 0 106,629 -100.0% 0
AHR CLOSED OUT 0 100,000 -100.0% 0
KYIV CLOSED OUT 0 100,000 -100.0% 0
WTTR CLOSED OUT 0 100,000 -100.0% 0
ULS CLOSED OUT 0 100,000 -100.0% 0
TLN CLOSED OUT 0 76,237 -100.0% 0
IP CLOSED OUT 0 63,842 -100.0% 0
STLD CLOSED OUT 0 63,385 -100.0% 0
RACE CLOSED OUT 0 53,740 -100.0% 0
MYRG CLOSED OUT 0 53,546 -100.0% 0
AVR CLOSED OUT 0 50,000 -100.0% 0
MDLN CLOSED OUT 0 50,000 -100.0% 0
WLTH CLOSED OUT 0 50,000 -100.0% 0
EXE CLOSED OUT 0 46,289 -100.0% 0
CTRI CLOSED OUT 0 43,000 -100.0% 0
FMC CLOSED OUT 0 38,572 -100.0% 0
ROL CLOSED OUT 0 35,000 -100.0% 0
COP CLOSED OUT 0 30,737 -100.0% 0
ITT CLOSED OUT 0 30,000 -100.0% 0
CVNA CLOSED OUT 0 28,821 -100.0% 0
VVX CLOSED OUT 0 25,000 -100.0% 0
CTVA CLOSED OUT 0 24,436 -100.0% 0
INVX CLOSED OUT 0 20,000 -100.0% 0
RDW CLOSED OUT 0 20,000 -100.0% 0
JAN CLOSED OUT 0 17,963 -100.0% 0
TEL CLOSED OUT 0 17,452 -100.0% 0
AS CLOSED OUT 0 15,000 -100.0% 0
HTO CLOSED OUT 0 15,000 -100.0% 0
YSS CLOSED OUT 0 15,000 -100.0% 0
VSNT CLOSED OUT 0 11,600 -100.0% 0
ANDG CLOSED OUT 0 10,000 -100.0% 0
AXGN CLOSED OUT 0 10,000 -100.0% 0
EQPT CLOSED OUT 0 10,000 -100.0% 0
XENE CLOSED OUT 0 10,000 -100.0% 0
VSEC CLOSED OUT 0 7,500 -100.0% 0

Holdings (latest quarter)

TickerChangeIssuerClassCUSIPValue ($)Weight %Shares
PCG ADDED PG&E CORP COM 69331C108 147,545,444 8.33 8772024.0
- BLACK HILLS CORP COM 092113109 110,216,458 6.22 1481404.0
AR ADDED ANTERO RESOURCES CORP COM 03674X106 92,592,811 5.22 2634969.0
AEE NEW AMEREN CORP COM 023608102 71,186,488 4.02 629746.0
AM ADDED ANTERO MIDSTREAM CORP COM 03676B102 68,966,966 3.89 3031515.0
PPL ADDED PPL CORP COM 69351T106 65,004,923 3.67 1788306.0
EQT ADDED EQT CORP COM 26884L109 50,862,316 2.87 956598.0
- AMERICAN ELEC PWR CO INC COM 025537101 48,002,798 2.71 350872.0
LNG NEW CHENIERE ENERGY INC COM NEW 16411R208 45,067,009 2.54 188557.0
CRWV NEW COREWEAVE INC COM CL A 21873S108 40,816,277 2.3 410049.0
- CORE SCIENTIFIC INC NEW COM 21874A106 40,007,739 2.26 1563413.0
EMA NEW EMERA INC COM 290876101 38,946,047 2.2 734477.0
BKV ADDED BKV CORP COM 05603J108 38,691,910 2.18 1414178.0
- GENERAL MTRS CO COM 37045V100 37,168,130 2.1 482202.0
BWA ADDED BORGWARNER INC COM 099724106 34,148,657 1.93 514287.0
APA NEW APA CORPORATION COM 03743Q108 32,789,489 1.85 1006739.0
- GENERAC HLDGS INC COM 368736104 29,494,458 1.66 100729.0
DAN REDUCED DANA INC COM 235825205 29,012,554 1.64 1066246.0
CLSK NEW CLEANSPARK INC COM NEW 18452B209 28,707,834 1.62 1973047.0
- INNIO NV ORDINARY SHARES N52A8C105 28,197,568 1.59 712960.0
- O-I GLASS INC COM 67098H104 27,119,919 1.53 2816191.0
- SPACE EXPLORATION TECHN CORP CLASS A COM STK 84615Q103 26,483,300 1.49 155000.0
DTE REDUCED DTE ENERGY CO COM 233331107 23,724,466 1.34 155703.0
CAT REDUCED CATERPILLAR INC COM 149123101 22,262,799 1.26 20906.0
- DIGITAL RLTY TR INC COM 253868103 21,908,760 1.24 122000.0
VGNT NEW VERSIGENT PLC ORDINARY SHARES G9600F104 20,989,582 1.18 499633.0
AN NEW AUTONATION INC COM 05329W102 20,862,545 1.18 112291.0
TRP ADDED TC ENERGY CORP COM 87807B107 20,119,665 1.14 303624.0
FPS ADDED FORGENT POWER SOLUTIONS INC COM SHS CL A 34631F102 19,551,000 1.1 350000.0
GPI REDUCED GROUP 1 AUTOMOTIVE INC COM 398905109 18,720,193 1.06 64293.0
LBTYA NEW LIBERTY GLOBAL LTD COM CL A G61188101 18,714,599 1.06 1645963.0
CIFR NEW CIPHER DIGITAL INC COM 17253J106 18,401,387 1.04 751077.0
- WILLIAMS COS INC COM 969457100 17,571,523 0.99 236367.0
- ALLISON TRANSMISSION HLDGS I COM 01973R101 16,519,229 0.93 146525.0
XEL REDUCED XCEL ENERGY INC COM 98389B100 14,935,800 0.84 186000.0
- LITHIA MTRS INC COM 536797103 14,440,258 0.81 49710.0
IREN NEW IREN LIMITED ORDINARY SHARES Q4982L109 14,103,361 0.8 308405.0
- CRH PLC ORD G25508105 13,708,198 0.77 128114.0
MWH REDUCED SOLV ENERGY INC COM SHS CL A 78475V103 13,620,000 0.77 400000.0
VALE ADDED VALE S A SPONSORED ADS 91912E105 13,612,433 0.77 905082.0
- OCCIDENTAL PETE CORP COM 674599105 13,157,516 0.74 270898.0
RBA REDUCED RB GLOBAL INC COM 74935Q107 13,094,686 0.74 112449.0
- WHIRLPOOL CORP 8.5 DEP SR A CNV 963320205 12,959,280 0.73 369000.0
MTZ NEW MASTEC INC COM 576323109 12,832,123 0.72 30842.0
WH NEW WYNDHAM HOTELS & RESORTS INC COM 98311A105 11,561,612 0.65 137295.0
FLR ADDED FLUOR CORP COM 343412102 10,892,248 0.61 207907.0
- ELDORADO GOLD CORP NEW COM 284902509 10,339,757 0.58 332575.0
VST NEW VISTRA CORP COM 92840M102 10,102,034 0.57 63683.0
NRG REDUCED NRG ENERGY INC COM NEW 629377508 9,970,640 0.56 68264.0
- TARGA RES CORP COM 87612G101 9,714,980 0.55 36231.0
- PRIMORIS SVCS CORP COM 74164F103 9,029,138 0.51 91093.0
- KNIGHT-SWIFT TRANSN HLDGS IN CL A 499049104 8,816,052 0.5 113215.0
TECK ADDED TECK RESOURCES LTD CL B 878742204 8,550,645 0.48 143805.0
- C H ROBINSON WORLDWIDE IN COM NEW 12541W209 8,411,829 0.47 44663.0
TEX NEW TEREX CORP NEW COM 880779103 7,980,201 0.45 110239.0
SRE ADDED SEMPRA COM 816851109 7,904,918 0.45 85265.0
FRVO NEW FERVO ENERGY CO CL A COM 31556C106 7,307,500 0.41 250000.0
- WHIRLPOOL CORP COM 963320106 6,930,548 0.39 175813.0
- MDU RES GROUP INC COM 552690109 6,790,933 0.38 320176.0
KNTK NEW KINETIK HOLDINGS INC COM NEW CL A 02215L209 6,573,418 0.37 135983.0
LGN REDUCED LEGENCE CORP CL A 52476L109 6,392,250 0.36 75000.0
- MODINE MFG CO COM 607828100 6,245,865 0.35 23391.0
WMG REDUCED WARNER MUSIC GROUP CORP COM CL A 934550203 5,791,599 0.33 213949.0
- EAGLEROCK LD LLC CL A SHS REP LTD 27005A105 5,769,078 0.33 271486.0
ADNT NEW ADIENT PLC ORD SHS G0084W101 5,591,674 0.32 304226.0
XE NEW X-ENERGY INC COM CL A 98386P102 5,529,757 0.31 301185.0
ITRI NEW ITRON INC COM 465741106 5,478,301 0.31 63311.0
DPC NEW DPC HOLDINGS PLC ORDINARY SHARES G2R11M108 5,396,600 0.3 110000.0
- EXXON MOBIL CORP COM 30231G102 5,055,222 0.29 36975.0
FCX NEW FREEPORT MCMORAN INC CL B 35671D857 5,003,528 0.28 79560.0
NFG REDUCED NATIONAL FUEL GAS CO COM 636180101 4,947,771 0.28 64082.0
HAL REDUCED HALLIBURTON CO COM 406216101 4,564,815 0.26 134457.0
- SENSATA TECHNOLOGIES HLDG PL SHS G8060N102 4,459,728 0.25 93417.0
- KODIAK GAS SVCS INC COM 50012A108 4,449,199 0.25 59220.0
FSLR NEW FIRST SOLAR INC COM 336433107 4,007,309 0.23 16983.0
VC REDUCED VISTEON CORP COM NEW 92839U206 3,698,747 0.21 37282.0
ABG REDUCED ASBURY AUTOMOTIVE GROUP INC COM 043436104 3,310,983 0.19 16466.0
QNT NEW QUANTINUUM INC CL A COM 74768A104 3,269,600 0.18 40000.0
SARO REDUCED STANDARDAERO INC COM 85423L103 2,991,000 0.17 100000.0
- CEMEX SA EURO MTN BE 144A SPON ADR NEW 151290889 2,740,776 0.15 228398.0
CBRS NEW CEREBRAS SYSTEMS INC COM CL A 15675D103 2,210,000 0.12 10000.0
NXT NEW NEXTPOWER INC CLASS A COM 65290E101 2,075,300 0.12 17419.0
CMI REDUCED CUMMINS INC COM 231021106 2,062,603 0.12 2892.0
NMG NEW NOUVEAU MONDE GRAPHITE INC COM NEW 66979W842 2,044,839 0.12 1363226.0
- SOUTHWEST GAS HLDGS INC COM 844895102 2,030,595 0.11 22898.0
KMX NEW CARMAX INC COM 143130102 2,009,979 0.11 38003.0
HBM NEW HUDBAY MINERALS INC COM 443628102 1,999,555 0.11 84691.0
DTM REDUCED DT MIDSTREAM INC COMMON STOCK 23345M107 1,948,707 0.11 13280.0
SOC NEW SABLE OFFSHORE CORP COM SHS 78574H104 1,835,406 0.1 595911.0
ECHO NEW ECHOSTAR CORP CL A 278768106 1,711,392 0.1 16861.0
HONA NEW HONEYWELL AEROSPACE INC COM 43849R105 1,326,480 0.07 6000.0
MAIR NEW MADISON AIR SOLUTIONS CORP COM SHS CL A 55658T105 1,170,000 0.07 30000.0
DAR REDUCED DARLING INGREDIENTS INC COM 237266101 1,164,444 0.07 21319.0
XPO NEW XPO INC COM 983793100 1,028,708 0.06 5011.0
TSLA NEW TESLA INC COM 88160R101 1,021,217 0.06 2428.0
MUR NEW MURPHY OIL CORP COM 626717102 948,050 0.05 29117.0
JAGU REDUCED JAGUAR URANIUM CORP CL A COM SHS 47010E108 868,736 0.05 520201.0
OCTV NEW OCTAVE INTELLIGENCE PLC ORD SHS CL B G22845104 785,676 0.04 48201.0
STLA REDUCED STELLANTIS N.V SHS N82405106 737,040 0.04 148000.0
WOLF REDUCED WOLFSPEED INC COMMON STOCK 97785W106 482,500 0.03 10000.0
PBK ADDED POWERBANK CORP COM SHS 73933V100 351,213 0.02 509005.0

Quarterly portfolios

PeriodFiledValue ($)PositionsVol %BetaMax DD %
2026-06-30 2026-08-13 1,772,221,193 101 11.751521 0.342731 36.782547
2026-03-31 2026-05-15 1,625,647,087 123 11.858147 0.401002 28.811127
2025-12-31 2026-02-17 1,424,043,226 76 10.946324 0.338292 19.96489
2025-09-30 2025-11-14 858,283,717 54 14.656301 0.457589 26.461049
2025-03-31 2025-05-15 528,331,919 53 11.198233 0.413869 21.446322
2024-12-31 2025-02-13 684,229,735 61 12.029647 0.397054 25.84959