13F HOLDINGS REPORT
Covalis Capital LLP
Quarter ended Q3 2025 · Filed November 13, 2025 · Accession 0001172661-25-004758
Total Value
$887.9M
Positions
54
Other Managers
1
Confidential Omitted
No
Holdings (54)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | PG&E CORP | PCG-PX | 9,990,914 | $150.7M | 16.97% |
| 2 | TC ENERGY CORP | TRPRF | 2,048,255 | $111.4M | 12.55% |
| 3 | FIRST SOLAR INC | FSLR | 197,159 | $43.5M | 4.90% |
| 4 | CATERPILLAR INC | CAT | 65,454 | $31.2M | 3.52% |
| 5 | EDISON INTL | 281020107 | 543,009 | $30.0M | 3.38% |
| 6 | XCEL ENERGY INC | XELLL | 368,943 | $29.8M | 3.35% |
| 7 | DANA INC | DAN | 1,414,806 | $28.4M | 3.19% |
| 8 | GENERAL MTRS CO | 37045V100 | 450,119 | $27.4M | 3.09% |
| 9 | GROUP 1 AUTOMOTIVE INC | GPI | 61,990 | $27.1M | 3.05% |
| 10 | CUMMINS INC | CMI | 63,212 | $26.7M | 3.01% |
| 11 | WILLIAMS COS INC | 969457100 | 356,536 | $22.6M | 2.54% |
| 12 | ALBEMARLE CORP | ALB-PA | 255,648 | $20.7M | 2.33% |
| 13 | APTIV PLC | APTV | 228,252 | $19.7M | 2.22% |
| 14 | LIBERTY GLOBAL LTD | LBTYK | 1,688,840 | $19.4M | 2.18% |
| 15 | NEXTERA ENERGY INC | NEE-PW | 247,384 | $18.7M | 2.10% |
| 16 | GENTEX CORP | GNTX | 658,666 | $18.6M | 2.10% |
| 17 | OSHKOSH CORP | OSK | 136,369 | $17.7M | 1.99% |
| 18 | CNH INDL N V | N20944109 | 1,568,101 | $17.0M | 1.92% |
| 19 | EATON CORP PLC | ETN | 45,020 | $16.8M | 1.90% |
| 20 | RB GLOBAL INC | RBA | 138,730 | $15.0M | 1.69% |
| 21 | MOBILEYE GLOBAL INC | MBLY | 1,000,269 | $14.1M | 1.59% |
| 22 | TARGA RES CORP | TRGP | 83,590 | $14.0M | 1.58% |
| 23 | DT MIDSTREAM INC | DTM | 122,978 | $13.9M | 1.57% |
| 24 | EVERSOURCE ENERGY | ES | 184,487 | $13.1M | 1.48% |
| 25 | LYONDELLBASELL INDUSTRIES N | LYB | 259,014 | $12.7M | 1.43% |
| 26 | VISTEON CORP | VC | 94,428 | $11.3M | 1.27% |
| 27 | AMERICAN WTR WKS CO INC NEW | 030420103 | 75,000 | $10.4M | 1.18% |
| 28 | UGI CORP NEW | 902681105 | 298,859 | $9.9M | 1.12% |
| 29 | GENERAC HLDGS INC | GNRC | 52,114 | $8.7M | 0.98% |
| 30 | TESLA INC | TSLA | 19,207 | $8.5M | 0.96% |
| 31 | BORGWARNER INC | BWA | 184,406 | $8.1M | 0.91% |
| 32 | FREEPORT-MCMORAN INC | FCX | 196,326 | $7.7M | 0.87% |
| 33 | WATERBRIDGE INFRASTRUCTURE L | WBI | 300,000 | $7.6M | 0.85% |
| 34 | SENSATA TECHNOLOGIES HLDG PL | ST | 189,622 | $5.8M | 0.65% |
| 35 | ASBURY AUTOMOTIVE GROUP INC | ABG | 23,183 | $5.7M | 0.64% |
| 36 | DARLING INGREDIENTS INC | DAR | 176,716 | $5.5M | 0.61% |
| 37 | FLUENCE ENERGY INC | FLNC | 491,039 | $5.3M | 0.60% |
| 38 | NUCOR CORP | NUE | 36,942 | $5.0M | 0.56% |
| 39 | SMURFIT WESTROCK PLC | SW | 93,935 | $4.0M | 0.45% |
| 40 | O-I GLASS INC | OI | 303,869 | $3.9M | 0.44% |
| 41 | KINETIK HOLDINGS INC | KNTK | 90,230 | $3.9M | 0.43% |
| 42 | AMPHENOL CORP NEW | 032095101 | 27,740 | $3.4M | 0.39% |
| 43 | HERC HLDGS INC | HRI | 28,036 | $3.3M | 0.37% |
| 44 | BAKER HUGHES COMPANY | BKR | 50,849 | $2.5M | 0.28% |
| 45 | PROFRAC HLDG CORP | ACDC | 529,711 | $2.0M | 0.22% |
| 46 | PONY AI INC | PYAIF | 64,492 | $1.5M | 0.16% |
| 47 | CHEVRON CORP NEW | CVX | 6,231 | $967,612 | 0.11% |
| 48 | ARCELORMITTAL SA LUXEMBOURG | ARCXF | 23,372 | $839,791 | 0.09% |
| 49 | FIGURE TECHNOLOGY SOLUTIO | FGRS | 20,000 | $727,400 | 0.08% |
| 50 | IAMGOLD CORP | IAG | 40,000 | $517,200 | 0.06% |
| 51 | SCHLUMBERGER LTD | SLB | 10,552 | $362,672 | 0.04% |
| 52 | NOVONIX LIMITED | NVNXF | 125,476 | $160,609 | 0.02% |
| 53 | OPENDOOR TECHNOLOGIES INC | OPENZ | 15,000 | $119,550 | 0.01% |
| 54 | FARADAY FUTURE INTLGT ELEC I | 307359885 | 10,000 | $13,000 | 0.00% |