We are live on ! Find out more
CC

Covalis Capital Portfolio holdings

AUM $1.63B
1-Year Est. Return 27.84%
This Fund
S&P 500
This Quarter Est. Return
-4.24%
1 Year Est. Return
+27.84%
3 Year Est. Return
+31.31%
5 Year Est. Return
+22.79%
10 Year Est. Return
–
AUM
$436M
AUM Growth
-$83.7M
Cap. Flow
-$43M
Cap. Flow %
-9.86%
Top 10 Hldgs %
55.41%
Holding
78
New
14
Increased
10
Reduced
12
Closed
22

Top Buys

Rank Stock Value
1
CMS icon
CMS Energy
CMS
+$25.3M
2
COP icon
ConocoPhillips
COP
+$19.4M
3
LNT icon
Alliant Energy
LNT
+$13.8M
4
EVA
Enviva Inc.
EVA
+$12.9M
5
FMC icon
FMC
FMC
+$11.5M

Top Sells

Rank Stock Value
1
LIN icon
Linde
LIN
+$23.4M
2
NEE icon
NextEra Energy
NEE
+$22.8M
3
VALE icon
Vale
VALE
+$22.4M
4
NI icon
NiSource
NI
+$12.2M
5
EMN icon
Eastman Chemical
EMN
+$12M

Sector Composition

Rank Sector Weight
1 Utilities 30.7%
2 Industrials 21.96%
3 Financials 15.69%
4 Materials 12.08%
5 Technology 7.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
XIFR
76
XPLR Infrastructure LP
XIFR
$1.14B
– –
-102,377
Closed -$7.59M
TELL
77
DELISTED
Tellurian Inc.
TELL
– –
-721,483
Closed -$2.15M
AJRD
78
DELISTED
Aerojet Rocketdyne Holdings
AJRD
– –
-15,485
Closed -$629K
1 2 3
4

Similar funds

GIP
Granite Investment Partners El Segundo, California $1.63B AUM 38.09% 1-Year Est. Return
SFG
Sather Financial Group Victoria, Texas $1.63B AUM 12.6% 1-Year Est. Return
PRA
Pine Ridge Advisers New York $1.62B AUM 16.97% 1-Year Est. Return
KCM
Kathmere Capital Management Wayne, Pennsylvania $1.62B AUM 17.7% 1-Year Est. Return
SC
SRB Corp Boston, Massachusetts $1.63B AUM 20.77% 1-Year Est. Return
SWA
Stratos Wealth Advisors Beachwood, Ohio $1.63B AUM 16.33% 1-Year Est. Return
AIP
AE Industrial Partners Boca Raton, Florida $1.63B AUM 5.44% 1-Year Est. Return
KCM
Kynam Capital Management Princeton, New Jersey $1.62B AUM 138.67% 1-Year Est. Return

Covalis Capital's Q3 2022 Portfolio in Review

As of Q3 2022, Covalis Capital held 78 positions worth $436M, down 16% from $520M the previous quarter. Its ten largest holdings account for 55% of the portfolio.

Covalis Capital withdrew a net $43M in Q3 2022, closing 22 positions and reducing 12 holdings. Its most notable exit was Linde, an estimated $23.4M position sold in full.

By sector, the portfolio is most concentrated in Utilities at 31% of assets, up from 30% a quarter earlier, followed by Industrials and Financials.

Against the trend, Covalis Capital opened a new position in CMS Energy worth $21.9M.

  • Covalis Capital's largest Q3 2022 buy was CMS Energy: 375,630 shares worth $21.9M.
  • Covalis Capital added most to ConocoPhillips in Q3 2022, an estimated $19.4M increase.
  • Covalis Capital's biggest Q3 2022 reduction was NextEra Energy, cutting an estimated $22.8M.
  • Covalis Capital fully exited Linde in Q3 2022, selling an estimated $23.4M.
  • Covalis Capital's ten largest holdings make up 55% of its $436M portfolio in Q3 2022.
  • Covalis Capital opened 14 new positions and closed 22 in Q3 2022.
  • Covalis Capital's portfolio value fell 16% quarter-over-quarter to $436M.

Based on Covalis Capital's 13F filing for Q3 2022, filed 14 Nov 2022.