SEC 13F Intelligence

Managers / Q2 2024 · view latest →

Covalis Capital LLP

CIK 0001698819 · 11 CHARLES II STREET, 2ND FLOOR, LONDON, SW1Y 4QU · 00442035406864

Reported Value
$736M
Q2 2024
Positions
61
Filings on Record
37
2019–present window
Filed
Aug 13, 2024
original filing

Summary

Covalis Capital LLP reported $736M in U.S.-listed holdings across 61 positions for Q2 2024.

Its largest position, NGG, represents 11.8% of the portfolio.

Compared with Q1 2024, the fund opened 37 new positions and exited 29.

Portfolio Metrics

Turnover
+66.0%
vs prior filed quarter
Top-10 Concentration
+53.5%
share of reported value
Largest Position
+11.8%
National Grid
New / Exited
37 / 29
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $108MQ1 ’19Q2 ’19: $147MQ3 ’19: $90MQ4 ’19: $252MQ1 ’20: $217MQ1 ’20Q2 ’20: $262MQ3 ’20: $235MQ4 ’20: $273MQ1 ’21: $485MQ1 ’21Q2 ’21: $485MQ3 ’21: $433MQ4 ’21: $274MQ1 ’22: $367MQ1 ’22Q2 ’22: $520MQ3 ’22: $436MQ4 ’22: $423MQ1 ’23: $357MQ1 ’23Q2 ’23: $466MQ3 ’23: $565MQ4 ’23: $615MQ1 ’24: $810MQ1 ’24Q2 ’24: $736MQ3 ’24: $711MQ4 ’24: $684MQ1 ’25: $528MQ1 ’25Q2 ’25: $823MQ3 ’25: $858MQ4 ’25: $1.4BQ1 ’26: $1.6BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 83.7%ADR: 12.0%Other: 4.3%
  • Common Stock · 83.7% · $615M
  • ADR · 12.0% · $88M
  • Other · 4.3% · $32M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NGGNATIONAL GRID PLCNEW+1.53M1.53M+$87M$87M
DVNDEVON ENERGY CORP NEWNEW+1.11M1.11M+$52M$52M
PNWPINNACLE WEST CAP CORPNEW+552.6K552.6K+$42M$42M
NRANRG ENERGY INCNEW+428.2K428.2K+$33M$33M
EVRGEVERGY INCNEW+458.2K458.2K+$24M$24M
FFORD MTR CO DELNEW+1.64M1.64M+$21M$21M
EIXEDISON INTLNEW+280.5K280.5K+$20M$20M
BWABORGWARNER INCNEW+553.2K553.2K+$18M$18M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2024

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NGGNATIONAL GRID PLChistory →SPONSORED ADR NE11.82%$87M1.53M
2PCGPG&E CORPhistory →COM8.38%$62M3.53M
3DVNDEVON ENERGY CORP NEWhistory →COM7.14%$52M1.11M
4PNWPINNACLE WEST CAP CORPhistory →COM5.74%$42M552.6K
5FLNCFLUENCE ENERGY INChistory →COM CL A4.65%$34M1.97M
6NRANRG ENERGY INChistory →COM NEW4.53%$33M428.2K
7EVRGEVERGY INChistory →COM3.30%$24M458.2K
8FFORD MTR CO DELhistory →COM2.79%$21M1.64M
9EIXEDISON INTLhistory →COM2.74%$20M280.5K
10BWABORGWARNER INChistory →COM2.42%$18M553.2K
11GPIGROUP 1 AUTOMOTIVE INChistory →COM2.39%$18M59.1K
12NINISOURCE INChistory →COM2.25%$17M575.5K
13VSTVISTRA CORPhistory →COM2.23%$16M190.7K
14PHINPHINIA INChistory →COMMON STOCK2.22%$16M415.6K
15SUSUNCOR ENERGY INC NEWhistory →COM2.14%$16M412.2K
16SOSOUTHERN COhistory →COM2.03%$15M192.0K
17GEVGE VERNOVA INChistory →COM1.92%$14M82.3K
18NEENEXTERA ENERGY INChistory →COM1.90%$14M197.5K
19RBARB GLOBAL INChistory →COM1.86%$14M179.3K
20OI*O-I GLASS INChistory →COM1.86%$14M1.23M
21APTIV PLCSHS1.85%$14M193.0K
22PPLPPL CORPhistory →COM1.76%$13M468.3K
23LIBERTY GLOBAL LTDCOM CL A1.66%$12M698.7K
24LNTALLIANT ENERGY CORPhistory →COM1.39%$10M201.5K
25AWGASBURY AUTOMOTIVE GROUP INChistory →COM1.35%$10M43.7K
26NEXTNEXTDECADE CORPhistory →COM1.30%$10M1.20M
27MYRGMYR GROUP INC DELhistory →COM1.09%$8M58.8K
28TRPTC ENERGY CORPhistory →COM1.03%$8M200.1K
29CTVACORTEVA INCCOM0.95%$7M129.4K
30PRIMPRIMORIS SVCS CORPCOM0.93%$7M137.1K
31EQTEQT CORPCOM0.93%$7M184.6K
32VRTVERTIV HOLDINGS COCOM CL A0.91%$7M77.1K
33VLOVALERO ENERGY CORPCOM0.89%$7M41.6K
34FSLRFIRST SOLAR INCCOM0.82%$6M26.9K
35HNRGHALLADOR ENERGY COMPANYCOM0.82%$6M777.8K
36AEEAMEREN CORPCOM0.68%$5M70.6K
37CLNECLEAN ENERGY FUELS CORPCOM0.67%$5M1.83M
38PWRQUANTA SVCS INCCOM0.64%$5M18.4K
39CCCHEMOURS COCOM0.63%$5M205.5K
40ADIENT PLCORD SHS0.60%$4M178.3K
41RUSHARUSH ENTERPRISES INCCL A0.57%$4M99.6K
42ARRYARRAY TECHNOLOGIES INCCOM SHS0.51%$4M369.0K
43CVNACARVANA COCL A0.43%$3M24.6K
44ATSATS CORPORATIONCOM0.42%$3M95.6K
45TSNTYSON FOODS INCCL A0.42%$3M53.6K
46CRGYCRESCENT ENERGY COMPANYCL A COM0.40%$3M248.6K
47FLRFLUOR CORP NEWCOM0.27%$2M46.4K
48DWDPEURDUPONT DE NEMOURS INCCOM0.27%$2M24.7K
49SVCOSILVACO GROUP INCCOM0.22%$2M90.0K
50MOSMOSAIC CO NEWCOM0.22%$2M55.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.6B123May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.4B76Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$858M54Nov 14, 2025RESTATEMENTchanges · EDGAR ↗
Q2 2025$823M57Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$528M53May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$684M61Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$711M51Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$736M61Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$810M52May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$615M56Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$565M51Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$466M40Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$357M34May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$423M50Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$436M56Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$520M64Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$367M80May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$274M83Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$433M123Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$485M84Aug 23, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$485M84May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$273M20Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$235M18Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$262M11Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$217M13May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$252M10Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$90M10Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$147M22Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$108M15May 15, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Covalis (Gibraltar) Ltd028-21343

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.