Fund HoldingsCovalis Capital LLP

Total Portfolio Value
$1.62B
Total Bought
$847.60M
Total Sold
$640.20M
Net Transaction
+$207.40M
Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
WHIRLPOOL CORP(WHR)01,312,304+1,312,304070,7594.36%+70,759
UNITED RENTALS INC(URI)30,698108,487+77,78924,84579,0394.87%+54,195
EATON CORP PLC(ETN)85,526203,223+117,69727,24172,6874.47%+45,446
DTE ENERGY CO(DTB)38,298261,855+223,5574,94038,2882.36%+33,349
XCEL ENERGY INC(XEL)0400,817+400,817031,8411.96%+31,841
GENERAL MTRS CO(GM)0349,777+349,777026,0581.60%+26,058
DIAMONDBACK ENERGY INC(FANG)0128,110+128,110025,3391.56%+25,339
TALEN ENERGY CORP(TLN)076,237+76,237024,3371.50%+24,337
ANTERO RESOURCES CORP(AR)433,075923,808+490,73314,92439,2062.41%+24,283
ANTERO MIDSTREAM CORP(AM)0985,162+985,162022,4621.38%+22,462
SOLV ENERGY INC(MWH)0697,110+697,110020,9341.29%+20,934
EQT CORP(EQT)0319,919+319,919020,3601.25%+20,360
LITHIA MTRS INC(LAD)079,868+79,868019,9451.23%+19,945
GROUP 1 AUTOMOTIVE INC(GPI)52,107122,127+70,02020,49440,3792.49%+19,885
GENERAC HLDGS INC(GNRC)18,041113,051+95,0102,46022,0821.36%+19,622
VIPER ENERGY INC(VNOM)0400,000+400,000018,7961.16%+18,796
FERRARI N V
COM
053,740+53,740018,1881.12%+18,188
TARGA RES CORP(TRGP)7,35476,617+69,2631,35719,2101.18%+17,853
APPLIED DIGITAL CORP0738,143+738,143017,5241.08%+17,524
BKV CORP(BKV)75,000604,211+529,2112,03617,2321.06%+15,196
MYR GROUP INC(MYRG)053,546+53,546015,1170.93%+15,117
NRG ENERGY INC(NRG)090,000+90,000013,1530.81%+13,153
WHIRLPOOL CORP(WHR)0315,000+315,000012,8990.79%+12,899
FIRSTENERGY CORP(FE)0246,147+246,147012,4700.77%+12,470
PPL CORP(PPL)0320,294+320,294012,2350.75%+12,235
STEEL DYNAMICS INC(STLD)063,385+63,385011,4090.70%+11,409
O-I GLASS INC(OI)01,039,633+1,039,633010,9270.67%+10,927
SHELL PLC(SHEL)0106,629+106,62909,9160.61%+9,916
KNIGHT-SWIFT TRANSN HLDGS IN(KNX)0165,739+165,73909,5430.59%+9,543
FORGENT POWER SOLUTIONS INC(FPS)0325,741+325,74109,5340.59%+9,534
NATIONAL FUEL GAS CO(NFG)97,545182,217+84,6727,80917,1211.05%+9,312
CLEVELAND-CLIFFS INC NEW(CLF)01,080,308+1,080,30809,1290.56%+9,129
CARVANA CO(CVNA)028,821+28,82109,0610.56%+9,061
VALE S A0556,974+556,97408,8610.55%+8,861
KOSMOS ENERGY LTD(KOS)03,162,820+3,162,82008,7930.54%+8,793
NVENT ELEC PLC(NVT)073,461+73,46108,6890.53%+8,689
KAISER ALUMINIUM CORPORATION(KALU)069,667+69,66708,3960.52%+8,396
BORGWARNER INC0152,701+152,70108,2860.51%+8,286
RIVIAN AUTOMOTIVE INC(RIVN)0540,918+540,91808,1410.50%+8,141
ELDORADO GOLD CORP NEW(EGO)0230,575+230,57507,9160.49%+7,916
HALLIBURTON CO(HAL)0183,978+183,97807,1730.44%+7,173
PEABODY ENGR CORP(BTU)0196,963+196,96306,4900.40%+6,490
BP PLC(BP)0126,525+126,52505,9470.37%+5,947
APTIV PLC(APTV)160,669252,462+91,79312,22517,5311.08%+5,306
SMURFIT WESTROCK PLC(SW)85,142203,407+118,2653,2928,1060.50%+4,813
DUOS TECHNOLOGIES GROUP INC0696,999+696,99904,7810.29%+4,781
PACKAGING CORP AMER(PKG)022,448+22,44804,7640.29%+4,764
RB GLOBAL INC(RBA)292,742359,281+66,53930,11434,4372.12%+4,323
CONOCOPHILLIPS(COP)030,737+30,73704,0570.25%+4,057
STANDARDAERO INC(SARO)0150,000+150,00003,8750.24%+3,875
FLUOR CORP(FLR)49,970122,799+72,8291,9805,7290.35%+3,748
TC ENERGY CORP(TRP)0300,700+300,700018,7921.16%+18,792
PORTLAND GEN ELEC CO(POR)050,000+50,00002,6390.16%+2,639
INTERNATIONAL PAPER CO(IP)063,842+63,84202,2790.14%+2,279
MEDLINE INC(MDLN)050,000+50,00002,2250.14%+2,225
HERC HLDGS INC(HRI)021,774+21,77402,1680.13%+2,168
CORTEVA INC(CTVA)024,436+24,43602,0460.13%+2,046
JAGUAR URANIUM CORP0699,998+699,99801,9250.12%+1,925
WARNER MUSIC GROUP CORP(WMG)580,769771,307+190,53817,81219,6991.21%+1,887
SOUTHWEST GAS HLDGS INC(SWX)018,626+18,62601,6190.10%+1,619
SELECT WATER SOLUTIONS INC(WTTR)0100,000+100,00001,5300.09%+1,530
VSE CORP(VSEC)07,500+7,50001,3830.09%+1,383
DIGITALOCEAN HLDGS INC(DOCN)014,370+14,37001,2330.08%+1,233
WILLIAMS COS INC(WMB)649,774552,506-97,26839,05840,2112.48%+1,153
STELLANTIS N.V(STLA)(Call)0148,000+148,00001,049+1,049
KYIVSTAR GROUP LTD(KYIV)0100,000+100,00001,0120.06%+1,012
LATAM AIRLINES GROUP SA(LTM)020,000+20,00009890.06%+989
H2O AMERICA(HTO)015,000+15,00008800.05%+880
NAVIGATOR HLDGS LTD(NVGS)040,000+40,00007730.05%+773
CENTURI HOLDINGS INC(CTRI)20,00043,000+23,0005051,2560.08%+751
KRATOS DEFENSE & SEC SOLUTIO(KTOS)010,000+10,00007050.04%+705
FMC CORP(FMC)038,572+38,57206640.04%+664
XENON PHARMACEUTICALS INC(XENE)010,000+10,00005820.04%+582
INTERNATIONAL TOWER HILL MIN0235,000+235,00005410.03%+541
AMER SPORTS INC(AS)015,000+15,00004940.03%+494
INNOVEX INTERNATIONAL INC(INVX)020,000+20,00004880.03%+488
BOBS DISC FURNITURE INC(BOBS)040,000+40,00004700.03%+470
VERSANT MEDIA GROUP INC(VSNT)011,600+11,60004290.03%+429
JANUS LIVING INC(JAN)017,963+17,96304230.03%+423
V2X INC(VVX)23,68425,000+1,3161,2921,7130.11%+421
METROPOLITAN BK HLDG CORP(MCB)05,000+5,00004160.03%+416
COMSTOCK INC0125,000+125,00003810.02%+381
YORK SPACE SYSTEMS INC(YSS)015,000+15,00003330.02%+333
AXOGEN INC(AXGN)010,000+10,00003310.02%+331
JEFFERSON CAPITAL INC(JCAP)015,000+15,00002880.02%+288
ANTERIS TECHNOLOGIES GLOBAL050,000+50,00002780.02%+278
EQUIPMENTSHARE COM INC(EQPT)010,000+10,00002040.01%+204
POWERBANK CORP0350,000+350,00001870.01%+187
MIAMI INTL HLDGS INC(MIAX)40,00050,000+10,0001,7751,9460.12%+171
REDWIRE CORPORATION(RDW)020,000+20,00001700.01%+170
PICS NV(PICS)015,000+15,00001570.01%+157
WOLFSPEED INC(WOLF)10,00020,000+10,0001743260.02%+152
ANDERSEN GROUP INC12,00010,000-2,0003112720.02%-39
ROLLINS INC(ROL)35,00035,00002,1011,8690.12%-231
WEALTHFRONT CORP(WLTH)85,59350,000-35,5931,1634630.03%-701
TECK RESOURCES LTD(TECK)160,321134,252-26,0697,6786,9480.43%-730
CROWN CASTLE INC(CCI)16,8420-16,8421,4970-1,497
ARRAY TECHNOLOGIES INC(ARRY)165,7640-165,7641,5280-1,528
DANA INC(DAN)1,764,3651,199,138-565,22741,92140,3512.48%-1,570
CMS ENERGY CORP(CMS)22,6690-22,6691,5850-1,585
Page 1 of 1