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
-1.58%
1 Year Est. Return
+27.84%
3 Year Est. Return
+31.31%
5 Year Est. Return
+22.79%
10 Year Est. Return
–
AUM
$138M
AUM Growth
-$21.5M
Cap. Flow
-$17.4M
Cap. Flow %
-12.65%
Top 10 Hldgs %
72.03%
Holding
42
New
12
Increased
5
Reduced
6
Closed
19

Top Buys

Rank Stock Value
1
NI icon
NiSource
NI
+$9.56M
2
CMS icon
CMS Energy
CMS
+$8.54M
3
TXNM
TXNM Energy Inc
TXNM
+$7.69M
4
PCG icon
PG&E
PCG
+$6.66M
5
AEE icon
Ameren
AEE
+$6.23M

Top Sells

Rank Stock Value
1
EXC icon
Exelon
EXC
+$12.1M
2
CNP icon
CenterPoint Energy
CNP
+$7.36M
3
ED icon
Consolidated Edison
ED
+$6.89M
4
LNT icon
Alliant Energy
LNT
+$6.87M
5
ETR icon
Entergy
ETR
+$6.64M

Sector Composition

Rank Sector Weight
1 Utilities 73.42%
2 Materials 9.12%
3 Industrials 6.22%
4 Energy 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ENIA
1
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
$15.5M 11.26%
1,333,334
-14,408
-1% -$165K
GXP
2
DELISTED
Great Plains Energy Incorporated
GXP
$13.7M 9.99%
432,313
+16,057
+4% +$489K
AEE icon
3
Ameren
AEE
$30.4B
$13.7M 9.97%
242,291
+112,530
+87% +$6.23M
NI icon
4
NiSource
NI
$21.5B
$9.65M 7.02%
+403,665
New +$9.56M
PEG icon
5
Public Service Enterprise Group
PEG
$38.7B
$9.22M 6.7%
183,564
+74,608
+68% +$3.66M
CMS icon
6
CMS Energy
CMS
$23B
$8.81M 6.41%
+194,642
New +$8.54M
TXNM
7
TXNM Energy Inc
TXNM
$6.39B
$8.03M 5.84%
+209,997
New +$7.69M
TECK icon
8
Teck Resources
TECK
$28.2B
$7.15M 5.2%
277,700
-171,895
-38% -$4.84M
PCG icon
9
PG&E
PCG
$39B
$6.9M 5.01%
+157,011
New +$6.66M
VST icon
10
Vistra
VST
$48.2B
$6.38M 4.63%
+306,128
New +$5.91M
OGE icon
11
OGE Energy
OGE
$9.86B
$6.08M 4.42%
185,470
-16,220
-8% -$512K
CMC icon
12
Commercial Metals
CMC
$7.53B
$5.02M 3.65%
245,477
+27,836
+13% +$675K
AEP icon
13
American Electric Power
AEP
$70.4B
$4.45M 3.23%
64,881
+14,737
+29% +$992K
FE icon
14
FirstEnergy
FE
$28.4B
$4.21M 3.06%
+123,816
New +$3.98M
ETR icon
15
Entergy
ETR
$50.3B
$3.85M 2.8%
97,646
-171,824
-64% -$6.64M
MDR
16
DELISTED
McDermott International
MDR
$3.53M 2.57%
+193,191
New +$4.41M
NUE icon
17
Nucor
NUE
$58.3B
$3.36M 2.44%
+55,045
New +$3.65M
AGR
18
DELISTED
Avangrid, Inc.
AGR
$2.48M 1.8%
+48,477
New +$2.36M
AA icon
19
Alcoa
AA
$11.3B
$2.03M 1.48%
+45,233
New +$2.24M
HIFR
20
DELISTED
InfraREIT, Inc.
HIFR
$1.2M 0.87%
+61,886
New +$1.18M
BKH icon
21
Black Hills Corp
BKH
$5.55B
$1.17M 0.85%
+21,627
New +$1.16M
LNT icon
22
Alliant Energy
LNT
$18.6B
$565K 0.41%
13,828
-174,088
-93% -$6.87M
SPXU icon
23
ProShares UltraPro Short S&P 500
SPXU
$435M
$525K 0.38%
118
-237
-67% -$992K
AES icon
24
AES
AES
$10.6B
– –
-147,730
Closed -$1.6M
ATO icon
25
Atmos Energy
ATO
$29.7B
– –
-63,042
Closed -$5.41M
1
2

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
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
PCM
Philosophy Capital Management Alamo, California $1.63B AUM 12.69% 1-Year Est. Return

Covalis Capital's Q1 2018 Portfolio in Review

As of Q1 2018, Covalis Capital held 42 positions worth $138M, down 14% from $159M the previous quarter. Its ten largest holdings account for 72% of the portfolio.

Covalis Capital withdrew a net $17.4M in Q1 2018, closing 19 positions and reducing 6 holdings. Its most notable exit was Exelon, an estimated $12.1M position sold in full.

By sector, the portfolio is most concentrated in Utilities at 73% of assets, up from 71% a quarter earlier, followed by Materials and Industrials.

Against the trend, Covalis Capital opened a new position in NiSource worth $9.65M.

  • Covalis Capital's largest Q1 2018 buy was NiSource: 403,665 shares worth $9.65M.
  • Covalis Capital added most to Ameren in Q1 2018, an estimated $6.23M increase.
  • Covalis Capital's biggest Q1 2018 reduction was Alliant Energy, cutting an estimated $6.87M.
  • Covalis Capital fully exited Exelon in Q1 2018, selling an estimated $12.1M.
  • Covalis Capital's ten largest holdings make up 72% of its $138M portfolio in Q1 2018.
  • Covalis Capital opened 12 new positions and closed 19 in Q1 2018.
  • Covalis Capital's portfolio value fell 14% quarter-over-quarter to $138M.

Based on Covalis Capital's 13F filing for Q1 2018, filed 11 May 2018.