Filed: 8/12/2025ACC: 0001172661-25-003074
📋 What this filing means
COVALIS CAPITAL LLP filed this quarterly 13F‑HR report disclosing 56 equity positions with a total reported market value of $822.80M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
56
Positions
$822.80M
Total AUM (reported)
24.30M
Total Shares
Allocation by class
COM$625.61M76.0%
COM CL A$63.75M7.7%
COM NEW$53.26M6.5%
COMMON STOCK$25.08M3.0%
SHS$18.27M2.2%
COM SHS$12.99M1.6%
ORD SHS$10.11M1.2%
Portfolio Concentration
Top 3$254.37M30.9%
4–10$184.89M22.5%
11–25$239.04M29.1%
Rest$144.50M17.6%
Top 3 weight
30.9%
Top 10 weight
53.4%
Voting Authority Distribution
Total shares with voting rights: 24.30M
Sole
Full voting authority
24.30M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole56
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings56
Rows:
PG&E CORP
SOLEShares10.49M
TypeSH
Market value$146.29M
17.78%
Sole
10.49M
Shared
0.00
None
0.00
EVERSOURCE ENERGY
SOLEShares1.12M
TypeSH
Market value$71.38M
8.67%
Sole
1.12M
Shared
0.00
None
0.00
PUBLIC SVC ENTERPRISE GRP IN
SOLEShares436.05K
TypeSH
Market value$36.71M
4.46%
Sole
436.05K
Shared
0.00
None
0.00
CATERPILLAR INC
SOLEShares86.53K
TypeSH
Market value$33.59M
4.08%
Sole
86.53K
Shared
0.00
None
0.00
PACCAR INC
SOLEShares322.04K
TypeSH
Market value$30.61M
3.72%
Sole
322.04K
Shared
0.00
None
0.00
CUMMINS INC
SOLEShares76.67K
TypeSH
Market value$25.11M
3.05%
Sole
76.67K
Shared
0.00
None
0.00
VISTEON CORP
SOLEShares268.61K
TypeSH
Market value$25.06M
3.05%
Sole
268.61K
Shared
0.00
None
0.00
GENERAL MTRS CO
SOLEShares508.85K
TypeSH
Market value$25.04M
3.04%
Sole
508.85K
Shared
0.00
None
0.00
TC ENERGY CORP
SOLEShares502.93K
TypeSH
Market value$24.50M
2.98%
Sole
502.93K
Shared
0.00
None
0.00
DARLING INGREDIENTS INC
SOLEShares552.70K
TypeSH
Market value$20.97M
2.55%
Sole
552.70K
Shared
0.00
None
0.00
PPG INDS INC
SOLEShares183.42K
TypeSH
Market value$20.86M
2.54%
Sole
183.42K
Shared
0.00
None
0.00
DT MIDSTREAM INC
SOLEShares179.52K
TypeSH
Market value$19.73M
2.40%
Sole
179.52K
Shared
0.00
None
0.00
WILLIAMS COS INC
SOLEShares300.54K
TypeSH
Market value$18.88M
2.29%
Sole
300.54K
Shared
0.00
None
0.00
OSHKOSH CORP
SOLEShares164.38K
TypeSH
Market value$18.66M
2.27%
Sole
164.38K
Shared
0.00
None
0.00
PORTLAND GEN ELEC CO
SOLEShares440.98K
TypeSH
Market value$17.92M
2.18%
Sole
440.98K
Shared
0.00
None
0.00
LIBERTY GLOBAL LTD
SOLEShares1.70M
TypeSH
Market value$17.05M
2.07%
Sole
1.70M
Shared
0.00
None
0.00
RB GLOBAL INC
SOLEShares158.35K
TypeSH
Market value$16.82M
2.04%
Sole
158.35K
Shared
0.00
None
0.00
BORGWARNER INC
SOLEShares483.02K
TypeSH
Market value$16.17M
1.97%
Sole
483.02K
Shared
0.00
None
0.00
DANA INC
SOLEShares926.18K
TypeSH
Market value$15.88M
1.93%
Sole
926.18K
Shared
0.00
None
0.00
ALBEMARLE CORP
SOLEShares249.46K
TypeSH
Market value$15.63M
1.90%
Sole
249.46K
Shared
0.00
None
0.00
WARNER MUSIC GROUP CORP
SOLEShares566.63K
TypeSH
Market value$15.43M
1.88%
Sole
566.63K
Shared
0.00
None
0.00
GROUP 1 AUTOMOTIVE INC
SOLEShares29.83K
TypeSH
Market value$13.03M
1.58%
Sole
29.83K
Shared
0.00
None
0.00
APTIV PLC
SOLEShares190.38K
TypeSH
Market value$12.99M
1.58%
Sole
190.38K
Shared
0.00
None
0.00
TE CONNECTIVITY PLC
SOLEShares59.93K
TypeSH
Market value$10.11M
1.23%
Sole
59.93K
Shared
0.00
None
0.00
OMNICOM GROUP INC
SOLEShares137.21K
TypeSH
Market value$9.87M
1.20%
Sole
137.21K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PG&E CORPSOLE | COM | 10.49M | SH | $146.29M 17.78% | 10.49M | 0.00 | 0.00 |
EVERSOURCE ENERGYSOLE | COM | 1.12M | SH | $71.38M 8.67% | 1.12M | 0.00 | 0.00 |
PUBLIC SVC ENTERPRISE GRP INSOLE | COM | 436.05K | SH | $36.71M 4.46% | 436.05K | 0.00 | 0.00 |
CATERPILLAR INCSOLE | COM | 86.53K | SH | $33.59M 4.08% | 86.53K | 0.00 | 0.00 |
PACCAR INCSOLE | COM | 322.04K | SH | $30.61M 3.72% | 322.04K | 0.00 | 0.00 |
CUMMINS INCSOLE | COM | 76.67K | SH | $25.11M 3.05% | 76.67K | 0.00 | 0.00 |
VISTEON CORPSOLE | COM NEW | 268.61K | SH | $25.06M 3.05% | 268.61K | 0.00 | 0.00 |
GENERAL MTRS COSOLE | COM | 508.85K | SH | $25.04M 3.04% | 508.85K | 0.00 | 0.00 |
TC ENERGY CORPSOLE | COM | 502.93K | SH | $24.50M 2.98% | 502.93K | 0.00 | 0.00 |
DARLING INGREDIENTS INCSOLE | COM | 552.70K | SH | $20.97M 2.55% | 552.70K | 0.00 | 0.00 |
PPG INDS INCSOLE | COM | 183.42K | SH | $20.86M 2.54% | 183.42K | 0.00 | 0.00 |
DT MIDSTREAM INCSOLE | COMMON STOCK | 179.52K | SH | $19.73M 2.40% | 179.52K | 0.00 | 0.00 |
WILLIAMS COS INCSOLE | COM | 300.54K | SH | $18.88M 2.29% | 300.54K | 0.00 | 0.00 |
OSHKOSH CORPSOLE | COM | 164.38K | SH | $18.66M 2.27% | 164.38K | 0.00 | 0.00 |
PORTLAND GEN ELEC COSOLE | COM NEW | 440.98K | SH | $17.92M 2.18% | 440.98K | 0.00 | 0.00 |
LIBERTY GLOBAL LTDSOLE | COM CL A | 1.70M | SH | $17.05M 2.07% | 1.70M | 0.00 | 0.00 |
RB GLOBAL INCSOLE | COM | 158.35K | SH | $16.82M 2.04% | 158.35K | 0.00 | 0.00 |
BORGWARNER INCSOLE | COM | 483.02K | SH | $16.17M 1.97% | 483.02K | 0.00 | 0.00 |
DANA INCSOLE | COM | 926.18K | SH | $15.88M 1.93% | 926.18K | 0.00 | 0.00 |
ALBEMARLE CORPSOLE | COM | 249.46K | SH | $15.63M 1.90% | 249.46K | 0.00 | 0.00 |
WARNER MUSIC GROUP CORPSOLE | COM CL A | 566.63K | SH | $15.43M 1.88% | 566.63K | 0.00 | 0.00 |
GROUP 1 AUTOMOTIVE INCSOLE | COM | 29.83K | SH | $13.03M 1.58% | 29.83K | 0.00 | 0.00 |
APTIV PLCSOLE | COM SHS | 190.38K | SH | $12.99M 1.58% | 190.38K | 0.00 | 0.00 |
TE CONNECTIVITY PLCSOLE | ORD SHS | 59.93K | SH | $10.11M 1.23% | 59.93K | 0.00 | 0.00 |
OMNICOM GROUP INCSOLE | COM | 137.21K | SH | $9.87M 1.20% | 137.21K | 0.00 | 0.00 |
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