Covalis Capital LLP
13F Reported Value
ⓘ$1.8B
incl. option notional
Equity Holdings
ⓘ$1.8B
Option Notional
ⓘ$737,040
$0 puts / $737,040 calls
Holdings
101
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
Covalis Capital LLP disclosed 101 positions worth $1.8B in its Form 13F-HR for Q2 2026 — $1.8B in common stock plus $737,040 of put/call option positions (reported at underlying notional value, not premium at risk), led by $PCG (PG&E Corp) at 8.3% of the equity portfolio, followed by $BKH and $AR. During the quarter the fund opened 52 new positions and exited 74 — including a new stake in $AEE and a full exit from $URI. The portfolio is most concentrated in Utilities (31.3% of disclosed assets). All figures are sourced directly from Covalis Capital LLP’s Form 13F-HR filing with the SEC under CIK 1698819.
AI Fund Analysis
StableSector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- 58.8#972
Quality
$147.5M8,772,024 sh - 53.3#1,395
Quality
$110.2M1,481,404 sh - 75.4#99
Quality
$92.6M2,634,969 sh - 59.4
Quality
$71.2M629,746 sh - 65.4
Quality
$69.0M3,031,515 sh - 55.7
Quality
$65.0M1,788,306 sh - 83.7
Quality
$50.9M956,598 sh - 66.8
Quality
$48.0M350,872 sh - 66.5
Quality
$45.1M188,557 sh - 52.2
Quality
$40.8M410,049 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 PG&E Corp$PCG | 58.8#972 | $147.5M | 8,772,024 |
 BLACK HILLS CORP /SD/$BKH | 53.3#1,395 | $110.2M | 1,481,404 |
 ANTERO RESOURCES Corp$AR | 75.4#99 | $92.6M | 2,634,969 |
 AMEREN CORP$AEE | 59.4 | $71.2M | 629,746 |
 Antero Midstream Corp$AM | 65.4 | $69.0M | 3,031,515 |
 PPL Corp$PPL | 55.7 | $65.0M | 1,788,306 |
 EQT Corp$EQT | 83.7 | $50.9M | 956,598 |
 AMERICAN ELECTRIC POWER CO INC$AEP | 66.8 | $48.0M | 350,872 |
 Cheniere Energy, Inc.$LNG | 66.5 | $45.1M | 188,557 |
 CoreWeave, Inc.$CRWV | 52.2 | $40.8M | 410,049 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Covalis Capital LLP's 101 positions.
Showing top 10 of 101 holdings.
Sector Allocation
Utilities
$554.8M
Energy
$443.7M
Industrials
$238.3M
Technology
$174.2M
Financials
$107.0M
Materials
$98.2M
Consumer Discretionary
$71.9M
Other
$33.9M
Full Holdings — Covalis Capital LLP (Q2 2026)
All 101 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $PCG | PG&E Corp | $147.5M | 8.3% | +11% | 58.8 |
| 2 | $BKH | BLACK HILLS CORP /SD/ | $110.2M | 6.2% | -15% | 53.3 |
| 3 | $AR | ANTERO RESOURCES Corp | $92.6M | 5.2% | +185% | 75.4 |
| 4 | $AEE | AMEREN CORP | $71.2M | 4.0% | NEW | 59.4 |
| 5 | $AM | Antero Midstream Corp | $69.0M | 3.9% | +208% | 65.4 |
| 6 | $PPL | PPL Corp | $65.0M | 3.7% | +458% | 55.7 |
| 7 | $EQT | EQT Corp | $50.9M | 2.9% | +199% | 83.7 |
| 8 | $AEP | AMERICAN ELECTRIC POWER CO INC | $48.0M | 2.7% | NEW | 66.8 |
| 9 | $LNG | Cheniere Energy, Inc. | $45.1M | 2.5% | NEW | 66.5 |
| 10 | $CRWV | CoreWeave, Inc. | $40.8M | 2.3% | NEW | 52.2 |
| 11 |  $CORZ | Core Scientific, Inc./tx | $40.0M | 2.3% | -55% | 14.1 |
| 12 |  $EMA | EMERA INC | $38.9M | 2.2% | NEW | — |
| 13 |  $BKV | BKV Corp | $38.7M | 2.2% | +134% | 60.5 |
| 14 |  $GM | General Motors Co | $37.2M | 2.1% | +38% | 54.3 |
| 15 |  $BWA | BORGWARNER INC | $34.1M | 1.9% | +237% | 56 |
| 16 |  $APA | APA Corp | $32.8M | 1.9% | NEW | — |
| 17 |  $GNRC | GENERAC HOLDINGS INC. | $29.5M | 1.7% | -11% | 54.4 |
| 18 |  $DAN | DANA Inc | $29.0M | 1.6% | -11% | 56.7 |
| 19 |  $CLSK | CLEANSPARK, INC. | $28.7M | 1.6% | NEW | 37.4 |
| 20 |  $INIO | INNIO N.V. | $28.2M | 1.6% | NEW | — |
| 21 |  $OI | O-I Glass, Inc. /DE/ | $27.1M | 1.5% | +171% | 33.5 |
| 22 |  $SPCX | SPACE EXPLORATION TECHNOLOGIES CORP | $26.5M | 1.5% | NEW | — |
| 23 |  $DTB | DTE ENERGY CO | $23.7M | 1.3% | -41% | 68.9 |
| 24 |  $CAT | CATERPILLAR INC | $22.3M | 1.3% | -39% | 66.5 |
| 25 |  $DLR | DIGITAL REALTY TRUST, INC. | $21.9M | 1.2% | NEW | 72.8 |
| 26 | — | VERSIGENT PLC - ORDINARY SHARES | $21.0M | 1.2% | NEW | — |
| 27 |  $AN | AUTONATION, INC. | $20.9M | 1.2% | NEW | 47.8 |
| 28 |  $TRP | TC ENERGY CORP | $20.1M | 1.1% | +1% | — |
| 29 |  $FPS | Forgent Power Solutions, Inc. | $19.6M | 1.1% | +7% | — |
| 30 |  $GPI | GROUP 1 AUTOMOTIVE INC | $18.7M | 1.1% | -47% | 54.1 |
| 31 |  $LBTYA | Liberty Global Ltd. | $18.7M | 1.1% | NEW | — |
| 32 |  $CIFR | Cipher Digital Inc. | $18.4M | 1.0% | NEW | 30.6 |
| 33 |  $WMB | WILLIAMS COMPANIES, INC. | $17.6M | 1.0% | -57% | 64.3 |
| 34 |  $ALSN | Allison Transmission Holdings Inc | $16.5M | 0.9% | NEW | 66.8 |
| 35 |  $XEL | XCEL ENERGY INC | $14.9M | 0.8% | -54% | 56.4 |
| 36 |  $LAD | LITHIA MOTORS INC | $14.4M | 0.8% | -38% | 46.6 |
| 37 |  $IREN | IREN Ltd | $14.1M | 0.8% | NEW | 46.3 |
| 38 |  $CRH | CRH PUBLIC LTD CO | $13.7M | 0.8% | NEW | — |
| 39 |  $MWH | SOLV Energy, Inc. | $13.6M | 0.8% | -43% | — |
| 40 |  $VALE | Vale S.A. | $13.6M | 0.8% | +62% | — |
| 41 |  $OXY | OCCIDENTAL PETROLEUM CORP /DE/ | $13.2M | 0.7% | NEW | 62.6 |
| 42 |  $RBA | RB GLOBAL INC. | $13.1M | 0.7% | -69% | 67.3 |
| 43 | — | WHIRLPOOL CORP - 8.5 DEP SR A CNV | $13.0M | 0.7% | +17% | — |
| 44 |  $MTZ | MASTEC INC | $12.8M | 0.7% | NEW | 58.8 |
| 45 |  $WH | WYNDHAM HOTELS & RESORTS, INC. | $11.6M | 0.7% | NEW | 51.3 |
| 46 |  $FLR | FLUOR CORP | $10.9M | 0.6% | +69% | 47.6 |
| 47 |  $EGO | ELDORADO GOLD CORP /FI | $10.3M | 0.6% | +44% | — |
| 48 |  $VST | Vistra Corp. | $10.1M | 0.6% | NEW | 71.9 |
| 49 |  $NRG | NRG ENERGY, INC. | $10.0M | 0.6% | -24% | 51.9 |
| 50 |  $TRGP | Targa Resources Corp. | $9.7M | 0.6% | -53% | 63.3 |
| 51 |  $PRIM | Primoris Services Corp | $9.0M | 0.5% | NEW | 51.8 |
| 52 |  $KNX | Knight-Swift Transportation Holdings Inc. | $8.8M | 0.5% | -32% | 54.4 |
| 53 |  $TECK | TECK RESOURCES LTD | $8.6M | 0.5% | +7% | — |
| 54 |  $CHRW | C. H. ROBINSON WORLDWIDE, INC. | $8.4M | 0.5% | NEW | 52.1 |
| 55 |  $TEX | TEREX CORP | $8.0M | 0.5% | NEW | 58.6 |
| 56 |  $SRE | SEMPRA | $7.9M | 0.5% | +494% | 41.9 |
| 57 |  $FRVO | Fervo Energy Co | $7.3M | 0.4% | NEW | — |
| 58 |  $WHR | WHIRLPOOL CORP /DE/ | $6.9M | 0.4% | -87% | 42.8 |
| 59 |  $MDU | MDU RESOURCES GROUP INC | $6.8M | 0.4% | +60% | 49.1 |
| 60 |  $KNTK | Kinetik Holdings Inc. | $6.6M | 0.4% | NEW | 59.6 |
| 61 |  $LGN | Legence Corp. | $6.4M | 0.4% | -6% | 64.1 |
| 62 |  $MOD | MODINE MANUFACTURING CO | $6.2M | 0.3% | NEW | 56.3 |
| 63 |  $WMG | Warner Music Group Corp. | $5.8M | 0.3% | -72% | 65 |
| 64 |  $EROK | EagleRock Land, LLC | $5.8M | 0.3% | NEW | — |
| 65 |  $ADNT | Adient plc | $5.6M | 0.3% | NEW | — |
| 66 |  $XE | X-Energy, Inc. | $5.5M | 0.3% | NEW | — |
| 67 |  $ITRI | ITRON, INC. | $5.5M | 0.3% | NEW | 55.8 |
| 68 |  $DPC | DPC Holdings PLC | $5.4M | 0.3% | NEW | — |
| 69 |  $XOM.R34088 | EXXON MOBIL CORP | $5.1M | 0.3% | NEW | 57.9 |
| 70 |  $FCX | FREEPORT-MCMORAN INC | $5.0M | 0.3% | NEW | 62 |
| 71 |  $NFG | NATIONAL FUEL GAS CO | $4.9M | 0.3% | -65% | 67.8 |
| 72 |  $HAL | HALLIBURTON CO | $4.6M | 0.3% | -27% | 53.2 |
| 73 |  $ST | Sensata Technologies Holding plc | $4.5M | 0.3% | NEW | — |
| 74 |  $KGS | Kodiak Gas Services, Inc. | $4.4M | 0.3% | NEW | 57 |
| 75 |  $FSLR | FIRST SOLAR, INC. | $4.0M | 0.2% | NEW | 79.2 |
| 76 |  $VC | VISTEON CORP | $3.7M | 0.2% | -83% | 46 |
| 77 |  $ABG | ASBURY AUTOMOTIVE GROUP INC | $3.3M | 0.2% | -68% | 57.4 |
| 78 |  $QNT | Quantinuum Inc. | $3.3M | 0.2% | NEW | — |
| 79 |  $SARO | StandardAero, Inc. | $3.0M | 0.2% | -33% | 59.5 |
| 80 |  $CX | CEMEX SAB DE CV | $2.7M | 0.1% | NEW | — |
| 81 |  $CBRS | Cerebras Systems Inc. | $2.2M | 0.1% | NEW | — |
| 82 |  $NXT | Nextpower Inc. | $2.1M | 0.1% | NEW | 69.1 |
| 83 |  $CMI | CUMMINS INC | $2.1M | 0.1% | -93% | 58.1 |
| 84 |  $NMG | Nouveau Monde Graphite Inc. | $2.0M | 0.1% | NEW | — |
| 85 |  $SWX | Southwest Gas Holdings, Inc. | $2.0M | 0.1% | +23% | 44.5 |
| 86 |  $KMX | CARMAX INC | $2.0M | 0.1% | NEW | 50 |
| 87 |  $HBM | Hudbay Minerals Inc. | $2.0M | 0.1% | NEW | — |
| 88 |  $DTM | DT Midstream, Inc. | $1.9M | 0.1% | -16% | 68.6 |
| 89 |  $SOC | Sable Offshore Corp. | $1.8M | 0.1% | NEW | — |
| 90 |  $ECHO | EchoStar CORP | $1.7M | 0.1% | NEW | 32.8 |
| 91 |  $HONA | Honeywell Aerospace Inc. | $1.3M | 0.1% | NEW | — |
| 92 |  $MAIR | Madison Air Solutions Corp | $1.2M | 0.1% | NEW | — |
| 93 |  $DAR | DARLING INGREDIENTS INC. | $1.2M | 0.1% | -64% | 63.5 |
| 94 |  $XPO | XPO, Inc. | $1.0M | 0.1% | NEW | 58.4 |
| 95 |  $TSLA | Tesla, Inc. | $1.0M | 0.1% | NEW | 53.9 |
| 96 |  $MUR | MURPHY OIL CORP | $948,050 | 0.1% | NEW | 55.1 |
| 97 |  $JAGU | Jaguar Uranium Corp. | $868,736 | 0.1% | -26% | — |
| 98 |  $OCTV | Octave Intelligence plc | $785,676 | 0.0% | NEW | — |
| 99 |  $STLACALL | Stellantis N.V. | $737,040 | — | +0% | — |
| 100 |  $WOLF | WOLFSPEED, INC. | $482,500 | 0.0% | -50% | 22.8 |
| 101 |  $PBK | POWERBANK Corp | $351,213 | 0.0% | +45% | — |
New Positions (52)
$AEE AMEREN CORP$71.2M$AEP AMERICAN ELECTRIC POWER CO INC$48.0M$LNG Cheniere Energy, Inc.$45.1M$CRWV CoreWeave, Inc.$40.8M$EMA EMERA INC$38.9M$APA APA Corp$32.8M$CLSK CLEANSPARK, INC.$28.7M$INIO INNIO N.V.$28.2M$SPCX SPACE EXPLORATION TECHNOLOGIES CORP$26.5M$DLR DIGITAL REALTY TRUST, INC.$21.9M$AN AUTONATION, INC.$20.9M$LBTYA Liberty Global Ltd.$18.7M$CIFR Cipher Digital Inc.$18.4M$ALSN Allison Transmission Holdings Inc$16.5MExited Positions (74)
$URI UNITED RENTALS, INC.
$ETN Eaton Corp plc
$FANG Diamondback Energy, Inc.
$OGE OGE ENERGY CORP.
$TLN Talen Energy Corp
$VNOM Viper Energy, Inc.
$RACE Ferrari N.V.
$APTV Aptiv PLC
$APLD Applied Digital Corp.
$MYRG MYR GROUP INC.$STLA Stellantis N.V.
$FE FIRSTENERGY CORP
$STLD STEEL DYNAMICS INC
$SHEL Shell plc
$VIK Viking Holdings LtdBrowse Top Institutional Investors
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