Latest Covalis Capital LLP Stock Portfolio

Covalis Capital LLP Performance:

2025 Q3: 6.47%YTD: 6.29%2024: 5.35%

Performance for 2025 Q3 is 6.47%, and YTD is 6.29%, and 2024 is 5.35%.

About Covalis Capital LLP and 13F Hedge Fund Stock Holdings

Covalis Capital LLP is a hedge fund based in NEW YORK, NY. On 30-Mar-2018, the fund reported that it had an AUM (Regulated Assets under Management) of $741.2 Millions. In it's latest 13F Holdings report, Covalis Capital LLP reported an equity portfolio of $858.3 Millions as of 30 Sep, 2025.

The top stock holdings of Covalis Capital LLP are PCG, , FSLR. The fund has invested 15.3% of it's portfolio in PG&E CORP and 13% of portfolio in TC ENERGY CORP.

The fund managers got completely rid off PUBLIC SVC ENTERPRISE GRP IN (PEG), PACCAR INC (PCAR) and PPG INDS INC (PPG) stocks. They significantly reduced their stock positions in EVERSOURCE ENERGY (ES), ARCELORMITTAL SA LUXEMBOURG and DARLING INGREDIENTS INC (DAR). Covalis Capital LLP opened new stock positions in FIRST SOLAR INC (FSLR), XCEL ENERGY INC (XEL) and EDISON INTL (EIX). The fund showed a lot of confidence in some stocks as they added substantially to MOBILEYE GLOBAL INC (MBLY), TARGA RES CORP (TRGP) and TC ENERGY CORP.

Covalis Capital LLP Annual Return Estimates Vs S&P 500

Our best estimate is that Covalis Capital LLP made a return of 6.47% in the last quarter. In trailing 12 months, it's portfolio return was 4.16%.

New Buys

Ticker	$ Bought
first solar inc	43,479,500
xcel energy inc	29,755,300
edison intl	26,171,300
nextera energy inc	18,675,000
gentex corp	18,640,200
cnh indl n v	17,013,900
lyondellbasell industries n	12,702,000
american wtr wks co inc new	10,439,200

New stocks bought by Covalis Capital LLP

Additions

Ticker	% Inc.
mobileye global inc	661
targa res corp	338
tc energy corp	307
group 1 automotive inc	107
eaton corp plc	106
ugi corp new	78.68
dana inc	52.76
aptiv plc	19.89

Additions to existing portfolio by Covalis Capital LLP

Reductions

Ticker	% Reduced
eversource energy	-83.56
arcelormittal sa luxembourg	-79.75
darling ingredients inc	-68.03
visteon corp	-64.85
borgwarner inc	-61.82
sensata technologies hldg pl	-32.74
dt midstream inc	-31.5
albemarle corp	-30.81

Covalis Capital LLP reduced stake in above stock

Sold off

Ticker	$ Sold
ford mtr co	-8,877,380
sunrun inc	-4,951,590
warner music group corp	-15,434,900
portland gen elec co	-17,917,100
public svc enterprise grp in	-36,706,400
ivanhoe electric inc	-3,561,800
paccar inc	-30,612,900
bloom energy corp	-7,414,220

Covalis Capital LLP got rid off the above stocks

Sector Distribution

Covalis Capital LLP has about 28.5% of it's holdings in Utilities sector.

Sector	%
Utilities	28.5
Others	19.3
Consumer Cyclical	17.9
Industrials	15.9
Energy	6.8
Technology	6.1
Basic Materials	4.6

Market Cap. Distribution

Covalis Capital LLP has about 56.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	55.1
UNALLOCATED	21.3
MID-CAP	16.3
SMALL-CAP	6.3
MEGA-CAP	1.1

Stocks belong to which Index?

About 66.8% of the stocks held by Covalis Capital LLP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	56.4
Others	33.2
RUSSELL 2000	10.4

Top 5 Winners (%)		%
CMI	cummins inc	26.4 %
ALB	albemarle corp	24.9 %
	aptiv plc	23.7 %
GM	general mtrs co	22.5 %
BWA	borgwarner inc	21.6 %

Top 5 Winners ($)		$
PCG	pg&e corp	9.7 M
	tc energy corp	7.2 M
CAT	caterpillar inc	6.8 M
CMI	cummins inc	6.6 M
GM	general mtrs co	5.6 M

Top 5 Losers (%)		%
MBLY	mobileye global inc	-13.4 %
DAR	darling ingredients inc	-12.3 %
UGI	ugi corp new	-6.9 %
KNTK	kinetik holdings inc	-2.7 %
TRGP	targa res corp	-2.3 %

Top 5 Losers ($)		$
DAR	darling ingredients inc	-2.6 M
MBLY	mobileye global inc	-2.2 M
UGI	ugi corp new	-0.7 M
TRGP	targa res corp	-0.3 M
KNTK	kinetik holdings inc	-0.1 M

Covalis Capital LLP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Covalis Capital LLP

Covalis Capital LLP has 54 stocks in it's portfolio. About 56.3% of the portfolio is in top 10 stocks. DAR proved to be the most loss making stock for the portfolio. PCG was the most profitable stock for Covalis Capital LLP last quarter.

Last Reported on: 14 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABG	asbury automotive group inc	0.66	23,183	5,667,080	new

ALB	albemarle corp	1.63	172,606	13,994,900	reduced	-30.81

ALCC	oklo inc	0.00	0.00	0.00	sold off	-100

AN	autonation inc	0.00	0.00	0.00	sold off	-100

APH	amphenol corp new	0.40	27,740	3,432,820	new

AWK	american wtr wks co inc new	1.22	75,000	10,439,200	new

BE	bloom energy corp	0.00	0.00	0.00	sold off	-100

BKR	baker hughes company	0.29	50,849	2,477,360	new

BWA	borgwarner inc	0.94	184,406	8,106,490	reduced	-61.82

CAT	caterpillar inc	3.64	65,454	31,231,400	reduced	-24.35

CCL	carnival corp	0.00	0.00	0.00	sold off	-100

CMI	cummins inc	3.11	63,212	26,698,900	reduced	-17.56

CNHI	cnh indl n v	1.98	1,568,100	17,013,900	new

CVX	chevron corp new	0.11	6,231	967,612	new

DAL	delta air lines inc del	0.00	0.00	0.00	sold off	-100

DAN	dana inc	3.30	1,414,810	28,352,700	added	52.76

DAR	darling ingredients inc	0.64	176,716	5,455,220	reduced	-68.03

DTM	dt midstream inc	1.62	122,978	13,903,900	reduced	-31.5

EIX	edison intl	3.05	473,431	26,171,300	new

ES	eversource energy	1.53	184,487	13,124,400	reduced	-83.56