13F Pro13F Pro

Covalis Capital LLP

Institutional InvestorSimilar funds →SEC EDGAR: CIK 1698819
Institutional-grade research for retail investors

Sector Allocation

  • Utilities31.3%$554.8M
  • Energy25.1%$443.7M
  • Industrials11.3%$201.1M
  • Technology9.8%$174.2M
  • Consumer Discretionary6.2%$109.1M
  • Financials6.0%$107.0M
  • Materials5.5%$98.2M
  • Other1.9%$33.9M
  • Communication Services1.5%$26.2M
  • Real Estate1.2%$21.9M

AUM History

13fpro.ai/research/fund/covalis-capital-llp-1698819

Conviction and streaks

Stable · top 10 = 41.8%

From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.

PCG$PCGConviction hold8.3% weight · held 10 quartersGNRC$GNRCConviction hold1.7% weight · held 4 quartersDAN$DANConviction hold1.6% weight · held 6 quartersCAT$CATConviction hold1.3% weight · held 5 quartersTRP$TRPConviction hold1.1% weight · held 7 quartersOI$OIAccumulating+1325% shares · 3 quarters runningAR$ARAccumulating+508% shares · 2 quarters runningAEE$AEEAccumulating+792% shares · 2 quarters runningAM$AMAccumulating+1029% shares · 2 quarters runningEQT$EQTAccumulating+418% shares · 2 quarters runningDAR$DARTrimming-97% shares · 5 quarters runningDAN$DANTrimming-62% shares · 3 quarters runningCAT$CATTrimming-84% shares · 3 quarters runningWMB$WMBTrimming-67% shares · 3 quarters runningCMI$CMITrimming-98% shares · 3 quarters running

Largest positions — Q2 2026

Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.

13fpro.ai/research/fund/covalis-capital-llp-1698819

Covalis Capital LLP 13F holdings — Q2 2026

$1.8B portfolio (+9.0% QoQ) · 101 holdings · Q2 2026 13F · top 10 are 42% of the stock portfolio

Includes $737K of put/call options ($0 puts, $737K calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $1.8B. Weights use the stock portfolio.

All holdings — Covalis Capital LLP (Q2 2026)

101 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.

Company
CORZ$CORZCore Scientific, Inc./tx$40.0M-55%
EMA$EMAEMERA INC$38.9MNew
BKV$BKVBKV Corp$38.7M+134%
GM$GMGeneral Motors Co$37.2M+38%
BWA$BWABORGWARNER INC$34.1M+237%
APA$APAAPA Corp$32.8MNew
GNRC$GNRCGENERAC HOLDINGS INC.$29.5M-11%
DAN$DANDANA Inc$29.0M-11%
CLSK$CLSKCLEANSPARK, INC.$28.7MNew
INIO$INIOINNIO N.V.$28.2MNew
OI$OIO-I Glass, Inc. /DE/$27.1M+171%
SPCX$SPCXSPACE EXPLORATION TECHNOLOGIES CORP$26.5MNew
DTB$DTBDTE ENERGY CO$23.7M-41%
CAT$CATCATERPILLAR INC$22.3M-39%
DLR$DLRDIGITAL REALTY TRUST, INC.$21.9MNew

What changed in Q2 2026

Against the previous quarter's 13F: 52 new, 20 added to, 28 trimmed, 74 sold out. Share-count changes; largest moves by dollar size first.

New positions (52)

  • AEE$AEEAMEREN CORP$71.2M

    first bought this quarter

  • AEP$AEPAMERICAN ELECTRIC POWER CO INC$48.0M

    first bought this quarter

  • LNG$LNGCheniere Energy, Inc.$45.1M

    first bought this quarter

  • CRWV$CRWVCoreWeave, Inc.$40.8M

    first bought this quarter

  • EMA$EMAEMERA INC$38.9M

    first bought this quarter

  • APA$APAAPA Corp$32.8M

    first bought this quarter

+46 more in the Excel export

Added to (20)

  • AR$ARANTERO RESOURCES Corp+185%

    now $92.6M · held 3+ qtrs, 2 adds in a row

  • PPL$PPLPPL Corp+458%

    now $65.0M · held 2 qtrs, 2 adds in a row

  • AM$AMAntero Midstream Corp+208%

    now $69.0M · held 2 qtrs, 2 adds in a row

  • EQT$EQTEQT Corp+199%

    now $50.9M · held 2 qtrs, 2 adds in a row

  • BWA$BWABORGWARNER INC+237%

    now $34.1M · held 2 qtrs, 2 adds in a row

  • BKV$BKVBKV Corp+134%

    now $38.7M · held 3+ qtrs, 2 adds in a row

+14 more in the Excel export

Trimmed (28)

  • CORZ$CORZCore Scientific, Inc./tx-55%

    now $40.0M · held 3+ qtrs, 2 trims in a row

  • WHR$WHRWHIRLPOOL CORP /DE/-87%

    now $6.9M · held 2 qtrs

  • RBA$RBARB GLOBAL INC.-69%

    now $13.1M · held 3+ qtrs

  • CMI$CMICUMMINS INC-93%

    now $2.1M · held 3+ qtrs, 2 trims in a row

  • WMB$WMBWILLIAMS COMPANIES, INC.-57%

    now $17.6M · held 3+ qtrs, 2 trims in a row

  • BKH$BKHBLACK HILLS CORP /SD/-15%

    now $110.2M · held 3+ qtrs, 2 trims in a row

+22 more in the Excel export

Sold out (74)

  • URI$URIUNITED RENTALS, INC.was $79.0M

    held 2+ qtrs

  • ETN$ETNEaton Corp plcwas $72.7M

    held 4+ qtrs

  • FANG$FANGDiamondback Energy, Inc.was $25.3M

    held 1 qtr

  • OGE$OGEOGE ENERGY CORP.was $24.4M

    held 2+ qtrs

  • TLN$TLNTalen Energy Corpwas $24.3M

    held 1 qtr

  • VNOM$VNOMViper Energy, Inc.was $18.8M

+68 more in the Excel export

Firm AUM (Form ADV): $4.8B as of 2025-12-31 · SEC IAPD

Share

Holdings by quarter

Every 13F Covalis Capital LLP has filed, 34 earlier quarters. Pick one to see what it held then.

Email me the moment this fund files its next 13FPro

Is it too late to follow Covalis Capital LLP?

Q2 2026 13F filed with the SEC on Aug 13, 2026. Prices are closing prices as of Oct 26, 2026.

Average quality of Covalis Capital LLP's top 20 holdings: 57/100 (our AI quality score, weighted by position size; 17 of the 20 are scored)

Top 10 since filing

-4.8%

Value-weighted move of the 10 largest stock positions

Turnover

53%

Last quarter

Top 10 weight

42%

Share of the stock portfolio in its 10 largest positions

Held 4+ quarters

0%

Share of portfolio value in positions held a year or more

Highest-quality names it owns(among its 100 largest positions)

The 8 highest-scoring companies in this portfolio are a Pro feature.

How these are measured
  • Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
  • Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
  • Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q4 2025 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
  • Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
  • Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.

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.

Funds like this

managers whose biggest positions overlap Covalis Capital LLP's
Zimmer Partners, LP$4.34B 13F book · 8 shared top holdingsPCGPPLLNGFPSHITE Hedge Asset Management LLC$1.83B 13F book · 10 shared top holdingsPPLAEPAEEBKVYaupon Capital Management LP$5.08B 13F book · 9 shared top holdingsBKVAEPDTBAREnergy Income Partners, LLC$6.36B 13F book · 8 shared top holdingsPPLAEPLNGDTBCBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC$7.18B 13F book · 7 shared top holdingsAEPPPLPCGWMBDUFF & PHELPS INVESTMENT MANAGEMENT CO$10.60B 13F book · 9 shared top holdingsAEEDLRDTBPPL

Browse Top Institutional Investors

13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.

Berkshire HathawayBridgewater AssociatesCitadel AdvisorsRenaissance TechnologiesTwo Sigma InvestmentsDE Shaw & CoMillennium ManagementAQR Capital ManagementPoint72 Asset ManagementTiger Global ManagementVanguard GroupBlackRock

to search all 8,700+ institutional filers.

AI-Powered Hedge Fund Analysis: Covalis Capital LLP

13F Pro is an AI hedge fund tracker and stock research platform. For Covalis Capital LLP (SEC CIK: 1698819), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.

Every holding in Covalis Capital LLP's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.