Q1 2026 · 13F-HR
Covalis Capital LLPholdings as filed
Filed 2026-05-15 · accession 0001172661-26-002319
$1.63B
Reported value
123
Positions
2026-03-31
Period end
The Brief · Covalis Capital LLP · Q1 2026
AI · grounded in 13F
Covalis Capital LLP closed its position in Eversource Energy ES, reducing exposure by $76.8M. The fund established a new position in Whirlpool Corp WHR valued at $70.8M and exited its stake in Galaxy Digital Inc. GLXY for $58.8M. Additional activity included new positions in Xcel Energy Inc XEL and General Motors Co GM, alongside a 583.7% increase in shares of DTE Energy Co DTE.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 69331C108 | PCG | PG&E CORP | $139.0M | 8.55% | 7,913,377 | Common | SOLE |
| 092113109 | BKH | BLACK HILLS CORP | $121.7M | 7.48% | 1,752,846 | Common | SOLE |
| 911363109 | URI | UNITED RENTALS INC | $79.0M | 4.86% | 108,487 | Common | SOLE |
| G29183103 | ETN | EATON CORP PLC | $72.7M | 4.47% | 203,223 | Common | SOLE |
| 963320106 | WHR | WHIRLPOOL CORP | $70.8M | 4.35% | 1,312,304 | Common | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $51.9M | 3.20% | 3,472,029 | Common | SOLE |
| 398905109 | GPI | GROUP 1 AUTOMOTIVE INC | $40.4M | 2.48% | 122,127 | Common | SOLE |
| 235825205 | DAN | DANA INC | $40.4M | 2.48% | 1,199,138 | Common | SOLE |
| 969457100 | WMB | WILLIAMS COS INC | $40.2M | 2.47% | 552,506 | Common | SOLE |
| 03674X106 | AR | ANTERO RESOURCES CORP | $39.2M | 2.41% | 923,808 | Common | SOLE |
| 233331107 | DTE | DTE ENERGY CO | $38.3M | 2.36% | 261,855 | Common | SOLE |
| 74935Q107 | RBA | RB GLOBAL INC | $34.4M | 2.12% | 359,281 | Common | SOLE |
| 98389B100 | XEL | XCEL ENERGY INC | $31.8M | 1.96% | 400,817 | Common | SOLE |
| 37045V100 | GM | GENERAL MTRS CO | $26.1M | 1.60% | 349,777 | Common | SOLE |
| 25278X109 | FANG | DIAMONDBACK ENERGY INC | $25.3M | 1.56% | 128,110 | Common | SOLE |
| 670837103 | OGE | OGE ENERGY CORP | $24.4M | 1.50% | 508,422 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $24.3M | 1.50% | 76,237 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $24.1M | 1.48% | 34,059 | Common | SOLE |
| 03676B102 | AM | ANTERO MIDSTREAM CORP | $22.5M | 1.38% | 985,162 | Common | SOLE |
| 368736104 | GNRC | GENERAC HLDGS INC | $22.1M | 1.36% | 113,051 | Common | SOLE |
| 231021106 | CMI | CUMMINS INC | $22.1M | 1.36% | 41,008 | Common | SOLE |
| 78475V103 | MWH | SOLV ENERGY INC | $20.9M | 1.29% | 697,110 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $20.4M | 1.25% | 319,919 | Common | SOLE |
| 92839U206 | VC | VISTEON CORP | $20.1M | 1.23% | 220,164 | Common | SOLE |
| 536797103 | LAD | LITHIA MTRS INC | $19.9M | 1.23% | 79,868 | Common | SOLE |
| 934550203 | WMG | WARNER MUSIC GROUP CORP | $19.7M | 1.21% | 771,307 | Common | SOLE |
| 87612G101 | TRGP | TARGA RES CORP | $19.2M | 1.18% | 76,617 | Common | SOLE |
| 64361Q101 | VNOM | VIPER ENERGY INC | $18.8M | 1.16% | 400,000 | Common | SOLE |
| 87807B107 | TRP | TC ENERGY CORP | $18.8M | 1.16% | 300,700 | Common | SOLE |
| N3167Y103 | RACE | FERRARI N V | $18.2M | 1.12% | 53,740 | Common | SOLE |
| G3265R107 | APTV | APTIV PLC | $17.5M | 1.08% | 252,462 | Common | SOLE |
| 038169207 | APLD | APPLIED DIGITAL CORP | $17.5M | 1.08% | 738,143 | Common | SOLE |
| 05603J108 | BKV | BKV CORP | $17.2M | 1.06% | 604,211 | Common | SOLE |
| 636180101 | NFG | NATIONAL FUEL GAS CO | $17.1M | 1.05% | 182,217 | Common | SOLE |
| 55405W104 | MYRG | MYR GROUP INC | $15.1M | 0.93% | 53,546 | Common | SOLE |
| 629377508 | NRG | NRG ENERGY INC | $13.2M | 0.81% | 90,000 | Common | SOLE |
| 963320205 | WHR 8.5 02/15/29 A | WHIRLPOOL CORP | $12.9M | 0.79% | 315,000 | Common | SOLE |
| N82405106 | STLA | STELLANTIS N.V | $12.6M | 0.77% | 1,784,868 | Common | SOLE |
| 337932107 | FE | FIRSTENERGY CORP | $12.5M | 0.77% | 246,147 | Common | SOLE |
| 69351T106 | PPL | PPL CORP | $12.2M | 0.75% | 320,294 | Common | SOLE |
| 858119100 | STLD | STEEL DYNAMICS INC | $11.4M | 0.70% | 63,385 | Common | SOLE |
| 67098H104 | OI | O-I GLASS INC | $10.9M | 0.67% | 1,039,633 | Common | SOLE |
| 043436104 | ABG | ASBURY AUTOMOTIVE GROUP INC | $10.1M | 0.62% | 51,719 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $9.9M | 0.61% | 106,629 | Common | SOLE |
| 499049104 | KNX | KNIGHT-SWIFT TRANSN HLDGS IN | $9.5M | 0.59% | 165,739 | Common | SOLE |
| 34631F102 | FPS | FORGENT POWER SOLUTIONS INC | $9.5M | 0.59% | 325,741 | Common | SOLE |
| G93A5A101 | VIK | VIKING HOLDINGS LTD | $9.2M | 0.57% | 125,000 | Common | SOLE |
| 185899101 | CLF | CLEVELAND-CLIFFS INC NEW | $9.1M | 0.56% | 1,080,308 | Common | SOLE |
| 146869102 | CVNA | CARVANA CO | $9.1M | 0.56% | 28,821 | Common | SOLE |
| 681919106 | OMC | OMNICOM GROUP INC | $9.0M | 0.55% | 119,608 | Common | SOLE |
| 91912E105 | VALE | VALE S A | $8.9M | 0.55% | 556,974 | Common | SOLE |
| 500688106 | KOS | KOSMOS ENERGY LTD | $8.8M | 0.54% | 3,162,820 | Common | SOLE |
| G6700G107 | NVT | NVENT ELEC PLC | $8.7M | 0.53% | 73,461 | Common | SOLE |
| 903731107 | ULS | UL SOLUTIONS INC | $8.6M | 0.53% | 100,000 | Common | SOLE |
| 483007704 | KALU | KAISER ALUMINIUM CORPORATION | $8.4M | 0.52% | 69,667 | Common | SOLE |
| 099724106 | BWA | BORGWARNER INC | $8.3M | 0.51% | 152,701 | Common | SOLE |
| 76954A103 | RIVN | RIVIAN AUTOMOTIVE INC | $8.1M | 0.50% | 540,918 | Common | SOLE |
| G8267P108 | SW | SMURFIT WESTROCK PLC | $8.1M | 0.50% | 203,407 | Common | SOLE |
| 284902509 | EGO | ELDORADO GOLD CORP NEW | $7.9M | 0.49% | 230,575 | Common | SOLE |
| 406216101 | HAL | HALLIBURTON CO | $7.2M | 0.44% | 183,978 | Common | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD | $6.9M | 0.43% | 134,252 | Common | SOLE |
| 704551100 | BTU | PEABODY ENGR CORP | $6.5M | 0.40% | 196,963 | Common | SOLE |
| 055622104 | BP | BP PLC | $5.9M | 0.37% | 126,525 | Common | SOLE |
| 343412102 | FLR | FLUOR CORP | $5.7M | 0.35% | 122,799 | Common | SOLE |
| 45073V108 | ITT | ITT INC | $5.7M | 0.35% | 30,000 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $5.1M | 0.31% | 46,289 | Common | SOLE |
| 902681105 | UGI | UGI CORP NEW | $4.8M | 0.30% | 131,716 | Common | SOLE |
| 266042407 | DUOT | DUOS TECHNOLOGIES GROUP INC | $4.8M | 0.29% | 696,999 | Common | SOLE |
| 695156109 | PKG | PACKAGING CORP AMER | $4.8M | 0.29% | 22,448 | Common | SOLE |
| 398182303 | AHR | AMERICAN HEALTHCARE REIT INC | $4.7M | 0.29% | 100,000 | Common | SOLE |
| 52476L109 | LGN | LEGENCE CORP | $4.5M | 0.28% | 80,000 | Common | SOLE |
| 552690109 | MDU | MDU RES GROUP INC | $4.1M | 0.25% | 200,000 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $4.1M | 0.25% | 30,737 | Common | SOLE |
| 85423L103 | SARO | STANDARDAERO INC | $3.9M | 0.24% | 150,000 | Common | SOLE |
| G87052109 | TEL | TE CONNECTIVITY PLC | $3.6M | 0.22% | 17,452 | Common | SOLE |
| 237266101 | DAR | DARLING INGREDIENTS INC | $3.6M | 0.22% | 58,652 | Common | SOLE |
| 736508847 | POR | PORTLAND GEN ELEC CO | $2.6M | 0.16% | 50,000 | Common | SOLE |
| 03945R102 | ACHR | ARCHER AVIATION INC | $2.6M | 0.16% | 500,000 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP | $2.3M | 0.14% | 18,194 | Common | SOLE |
| 460146103 | IP | INTERNATIONAL PAPER CO | $2.3M | 0.14% | 63,842 | Common | SOLE |
| 58507V107 | MDLN | MEDLINE INC | $2.2M | 0.14% | 50,000 | Common | SOLE |
| 42704L104 | HRI | HERC HLDGS INC | $2.2M | 0.13% | 21,774 | Common | SOLE |
| 23345M107 | DTM | DT MIDSTREAM INC | $2.1M | 0.13% | 15,814 | Common | SOLE |
| 22052L104 | CTVA | CORTEVA INC | $2.0M | 0.13% | 24,436 | Common | SOLE |
| 001084102 | AGCO | AGCO CORP | $2.0M | 0.12% | 17,449 | Common | SOLE |
| 13057Q305 | CRC | CALIFORNIA RES CORP | $2.0M | 0.12% | 28,205 | Common | SOLE |
| 59356Q108 | MIAX | MIAMI INTL HLDGS INC | $1.9M | 0.12% | 50,000 | Common | SOLE |
| 47010E108 | JAGU | JAGUAR URANIUM CORP | $1.9M | 0.12% | 699,998 | Common | SOLE |
| 775711104 | ROL | ROLLINS INC | $1.9M | 0.11% | 35,000 | Common | SOLE |
| 92242T101 | VVX | V2X INC | $1.7M | 0.11% | 25,000 | Common | SOLE |
| 844895102 | SWX | SOUTHWEST GAS HLDGS INC | $1.6M | 0.10% | 18,626 | Common | SOLE |
| 81617J301 | WTTR | SELECT WATER SOLUTIONS INC | $1.5M | 0.09% | 100,000 | Common | SOLE |
| 816851109 | SRE | SEMPRA | $1.4M | 0.09% | 14,349 | Common | SOLE |
| 918284100 | VSEC | VSE CORP | $1.4M | 0.09% | 7,500 | Common | SOLE |
| 155923105 | CTRI | CENTURI HOLDINGS INC | $1.3M | 0.08% | 43,000 | Common | SOLE |
| 25402D102 | DOCN | DIGITALOCEAN HLDGS INC | $1.2M | 0.08% | 14,370 | Common | SOLE |
| N82405106 | STLA | STELLANTIS N.V | $1.0M | 0.06% | 148,000 | CALL | SOLE |
| G5331N101 | KYIV | KYIVSTAR GROUP LTD | $1.0M | 0.06% | 100,000 | Common | SOLE |
| 51817R205 | LTM | LATAM AIRLINES GROUP SA | $988,800 | 0.06% | 20,000 | Common | SOLE |
| 784305104 | HTO | H2O AMERICA | $880,050 | 0.05% | 15,000 | Common | SOLE |
| Y62132108 | NVGS | NAVIGATOR HLDGS LTD | $773,200 | 0.05% | 40,000 | Common | SOLE |
| 50077B207 | KTOS | KRATOS DEFENSE & SEC SOLUTIO | $705,100 | 0.04% | 10,000 | Common | SOLE |
| 302491303 | FMC | FMC CORP | $664,210 | 0.04% | 38,572 | Common | SOLE |
| 98420N105 | XENE | XENON PHARMACEUTICALS INC | $581,500 | 0.04% | 10,000 | Common | SOLE |
| 46050R102 | THM | INTERNATIONAL TOWER HILL MIN | $540,500 | 0.03% | 235,000 | Common | SOLE |
| G0260P102 | AS | AMER SPORTS INC | $493,800 | 0.03% | 15,000 | Common | SOLE |
| 457651107 | INVX | INNOVEX INTERNATIONAL INC | $487,800 | 0.03% | 20,000 | Common | SOLE |
| 09681N106 | BOBS | BOBS DISC FURNITURE INC | $470,000 | 0.03% | 40,000 | Common | SOLE |
| 947002101 | WLTH | WEALTHFRONT CORP | $462,500 | 0.03% | 50,000 | Common | SOLE |
| 925283103 | VSNT | VERSANT MEDIA GROUP INC | $429,432 | 0.03% | 11,600 | Common | SOLE |
| 471024109 | JAN | JANUS LIVING INC | $423,388 | 0.03% | 17,963 | Common | SOLE |
| 591774104 | MCB | METROPOLITAN BK HLDG CORP | $416,450 | 0.03% | 5,000 | Common | SOLE |
| 205750409 | LODE | COMSTOCK INC | $381,250 | 0.02% | 125,000 | Common | SOLE |
| 987084100 | YSS | YORK SPACE SYSTEMS INC | $332,550 | 0.02% | 15,000 | Common | SOLE |
| 05463X106 | AXGN | AXOGEN INC | $331,300 | 0.02% | 10,000 | Common | SOLE |
| 97785W106 | WOLF | WOLFSPEED INC | $326,400 | 0.02% | 20,000 | Common | SOLE |
| 47248R103 | JCAP | JEFFERSON CAPITAL INC | $288,450 | 0.02% | 15,000 | Common | SOLE |
| 03675P102 | AVR | ANTERIS TECHNOLOGIES GLOBAL | $277,500 | 0.02% | 50,000 | Common | SOLE |
| 033853102 | ANDG | ANDERSEN GROUP INC | $272,000 | 0.02% | 10,000 | Common | SOLE |
| 29445S100 | EQPT | EQUIPMENTSHARE COM INC | $203,700 | 0.01% | 10,000 | Common | SOLE |
| 73933V100 | SUUN | POWERBANK CORP | $187,390 | 0.01% | 350,000 | Common | SOLE |
| 75776W103 | RDW | REDWIRE CORPORATION | $170,000 | 0.01% | 20,000 | Common | SOLE |
| N69958101 | PICS | PICS NV | $156,750 | 0.01% | 15,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.