Covalis (gibraltar) Ltd 13F annual report

Covalis (gibraltar) Ltd is an investment fund managing more than $35 billion ran by Chris Egbunike. There is currently 1 company in Mr. Egbunike’s portfolio. The largest and only investment include National Grid Plc worth $35 billion.

$35 billion Assets Under Management (AUM)

As of 6th August 2024, Covalis (gibraltar) Ltd’s top holding is 616,155 shares of National Grid Plc currently worth over $35 billion and making up 100.0% of the portfolio value. Relative to the number of outstanding shares of National Grid Plc, Covalis (gibraltar) Ltd owns more than approximately 0.1% of the company.

Currently, Covalis (gibraltar) Ltd's portfolio is worth at least $35 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Covalis (gibraltar) Ltd

The Covalis (gibraltar) Ltd office and employees reside in Midtown, Gibraltar. According to the last 13-F report filed with the SEC, Chris Egbunike serves as the Chief Compliance Officer at Covalis (gibraltar) Ltd.

Recent trades

In the most recent 13F filing, Covalis (gibraltar) Ltd revealed that it had opened a new position in National Grid Plc and bought 616,155 shares worth $35 billion.

On the other hand, there are companies that Covalis (gibraltar) Ltd is getting rid of from its portfolio. Covalis (gibraltar) Ltd closed its position in Bloom Corp on 13th August 2024. It sold the previously owned 518,939 shares for $5.83 billion.

One of the smallest hedge funds

The two most similar investment funds to Covalis (gibraltar) Ltd are Fiduciary Counselling Inc and Ing Investment Management Co. They manage $35.1 billion and $35.2 billion respectively.

Chris Egbunike investment strategy

Covalis (gibraltar) Ltd’s portfolio is diversified across 1 sector. Currently, their heaviest sector is Utilities — making up 100.0% of the total portfolio value. The fund focuses on investments in the United Kingdom as 100.0% of the portfolio companies are based in the United Kingdom.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 100% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $45.5 billion.

The complete list of Covalis (gibraltar) Ltd trades based on 13F SEC filings

These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
National Grid Plc	Opened 616,155	$34,997,604,000	100.00%
Bloom Energy Corp	Closed 518,939	$5,832,874,000
NextEra Energy Partners LP	Closed 140,922	$4,238,934,000
No transactions found
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