Filed: 11/13/2025ACC: 0001172661-25-004758
📋 What this filing means
COVALIS CAPITAL LLP filed this quarterly 13F‑HR report disclosing 54 equity positions with a total reported market value of $887.92M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
54
Positions
$887.92M
Total AUM (reported)
25.76M
Total Shares
Allocation by class
COM$717.33M80.8%
SHS$43.65M4.9%
COM CL A$25.38M2.9%
COM SHS$19.68M2.2%
COMMON CLASS A$14.12M1.6%
COMMON STOCK$13.90M1.6%
SHS - A -$12.70M1.4%
Portfolio Concentration
Top 3$305.54M34.4%
4–10$200.62M22.6%
11–25$254.11M28.6%
Rest$127.65M14.4%
Top 3 weight
34.4%
Top 10 weight
57.0%
Voting Authority Distribution
Total shares with voting rights: 25.76M
Sole
Full voting authority
25.76M
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)
Sole54
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings54
Rows:
PG&E CORP
SOLEShares9.99M
TypeSH
Market value$150.66M
16.97%
Sole
9.99M
Shared
0.00
None
0.00
TC ENERGY CORP
SOLEShares2.05M
TypeSH
Market value$111.40M
12.55%
Sole
2.05M
Shared
0.00
None
0.00
FIRST SOLAR INC
SOLEShares197.16K
TypeSH
Market value$43.48M
4.90%
Sole
197.16K
Shared
0.00
None
0.00
CATERPILLAR INC
SOLEShares65.45K
TypeSH
Market value$31.23M
3.52%
Sole
65.45K
Shared
0.00
None
0.00
EDISON INTL
SOLEShares543.01K
TypeSH
Market value$30.02M
3.38%
Sole
543.01K
Shared
0.00
None
0.00
XCEL ENERGY INC
SOLEShares368.94K
TypeSH
Market value$29.76M
3.35%
Sole
368.94K
Shared
0.00
None
0.00
DANA INC
SOLEShares1.41M
TypeSH
Market value$28.35M
3.19%
Sole
1.41M
Shared
0.00
None
0.00
GENERAL MTRS CO
SOLEShares450.12K
TypeSH
Market value$27.44M
3.09%
Sole
450.12K
Shared
0.00
None
0.00
GROUP 1 AUTOMOTIVE INC
SOLEShares61.99K
TypeSH
Market value$27.12M
3.05%
Sole
61.99K
Shared
0.00
None
0.00
CUMMINS INC
SOLEShares63.21K
TypeSH
Market value$26.70M
3.01%
Sole
63.21K
Shared
0.00
None
0.00
WILLIAMS COS INC
SOLEShares356.54K
TypeSH
Market value$22.59M
2.54%
Sole
356.54K
Shared
0.00
None
0.00
ALBEMARLE CORP
SOLEShares255.65K
TypeSH
Market value$20.73M
2.33%
Sole
255.65K
Shared
0.00
None
0.00
APTIV PLC
SOLEShares228.25K
TypeSH
Market value$19.68M
2.22%
Sole
228.25K
Shared
0.00
None
0.00
LIBERTY GLOBAL LTD
SOLEShares1.69M
TypeSH
Market value$19.35M
2.18%
Sole
1.69M
Shared
0.00
None
0.00
NEXTERA ENERGY INC
SOLEShares247.38K
TypeSH
Market value$18.68M
2.10%
Sole
247.38K
Shared
0.00
None
0.00
GENTEX CORP
SOLEShares658.67K
TypeSH
Market value$18.64M
2.10%
Sole
658.67K
Shared
0.00
None
0.00
OSHKOSH CORP
SOLEShares136.37K
TypeSH
Market value$17.69M
1.99%
Sole
136.37K
Shared
0.00
None
0.00
CNH INDL N V
SOLEShares1.57M
TypeSH
Market value$17.01M
1.92%
Sole
1.57M
Shared
0.00
None
0.00
EATON CORP PLC
SOLEShares45.02K
TypeSH
Market value$16.85M
1.90%
Sole
45.02K
Shared
0.00
None
0.00
RB GLOBAL INC
SOLEShares138.73K
TypeSH
Market value$15.03M
1.69%
Sole
138.73K
Shared
0.00
None
0.00
MOBILEYE GLOBAL INC
SOLEShares1M
TypeSH
Market value$14.12M
1.59%
Sole
1M
Shared
0.00
None
0.00
TARGA RES CORP
SOLEShares83.59K
TypeSH
Market value$14.00M
1.58%
Sole
83.59K
Shared
0.00
None
0.00
DT MIDSTREAM INC
SOLEShares122.98K
TypeSH
Market value$13.90M
1.57%
Sole
122.98K
Shared
0.00
None
0.00
EVERSOURCE ENERGY
SOLEShares184.49K
TypeSH
Market value$13.12M
1.48%
Sole
184.49K
Shared
0.00
None
0.00
LYONDELLBASELL INDUSTRIES N
SOLEShares259.01K
TypeSH
Market value$12.70M
1.43%
Sole
259.01K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PG&E CORPSOLE | COM | 9.99M | SH | $150.66M 16.97% | 9.99M | 0.00 | 0.00 |
TC ENERGY CORPSOLE | COM | 2.05M | SH | $111.40M 12.55% | 2.05M | 0.00 | 0.00 |
FIRST SOLAR INCSOLE | COM | 197.16K | SH | $43.48M 4.90% | 197.16K | 0.00 | 0.00 |
CATERPILLAR INCSOLE | COM | 65.45K | SH | $31.23M 3.52% | 65.45K | 0.00 | 0.00 |
EDISON INTLSOLE | COM | 543.01K | SH | $30.02M 3.38% | 543.01K | 0.00 | 0.00 |
XCEL ENERGY INCSOLE | COM | 368.94K | SH | $29.76M 3.35% | 368.94K | 0.00 | 0.00 |
DANA INCSOLE | COM | 1.41M | SH | $28.35M 3.19% | 1.41M | 0.00 | 0.00 |
GENERAL MTRS COSOLE | COM | 450.12K | SH | $27.44M 3.09% | 450.12K | 0.00 | 0.00 |
GROUP 1 AUTOMOTIVE INCSOLE | COM | 61.99K | SH | $27.12M 3.05% | 61.99K | 0.00 | 0.00 |
CUMMINS INCSOLE | COM | 63.21K | SH | $26.70M 3.01% | 63.21K | 0.00 | 0.00 |
WILLIAMS COS INCSOLE | COM | 356.54K | SH | $22.59M 2.54% | 356.54K | 0.00 | 0.00 |
ALBEMARLE CORPSOLE | COM | 255.65K | SH | $20.73M 2.33% | 255.65K | 0.00 | 0.00 |
APTIV PLCSOLE | COM SHS | 228.25K | SH | $19.68M 2.22% | 228.25K | 0.00 | 0.00 |
LIBERTY GLOBAL LTDSOLE | COM CL A | 1.69M | SH | $19.35M 2.18% | 1.69M | 0.00 | 0.00 |
NEXTERA ENERGY INCSOLE | COM | 247.38K | SH | $18.68M 2.10% | 247.38K | 0.00 | 0.00 |
GENTEX CORPSOLE | COM | 658.67K | SH | $18.64M 2.10% | 658.67K | 0.00 | 0.00 |
OSHKOSH CORPSOLE | COM | 136.37K | SH | $17.69M 1.99% | 136.37K | 0.00 | 0.00 |
CNH INDL N VSOLE | SHS | 1.57M | SH | $17.01M 1.92% | 1.57M | 0.00 | 0.00 |
EATON CORP PLCSOLE | SHS | 45.02K | SH | $16.85M 1.90% | 45.02K | 0.00 | 0.00 |
RB GLOBAL INCSOLE | COM | 138.73K | SH | $15.03M 1.69% | 138.73K | 0.00 | 0.00 |
MOBILEYE GLOBAL INCSOLE | COMMON CLASS A | 1M | SH | $14.12M 1.59% | 1M | 0.00 | 0.00 |
TARGA RES CORPSOLE | COM | 83.59K | SH | $14.00M 1.58% | 83.59K | 0.00 | 0.00 |
DT MIDSTREAM INCSOLE | COMMON STOCK | 122.98K | SH | $13.90M 1.57% | 122.98K | 0.00 | 0.00 |
EVERSOURCE ENERGYSOLE | COM | 184.49K | SH | $13.12M 1.48% | 184.49K | 0.00 | 0.00 |
LYONDELLBASELL INDUSTRIES NSOLE | SHS - A - | 259.01K | SH | $12.70M 1.43% | 259.01K | 0.00 | 0.00 |
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