Stocks/Funds/CIK 1876826

Covalis (Gibraltar) Ltd

microcap filerconcentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1876826
Assets
$23M
-35.6% YoY
Holdings
2
Lifetime alpha vs market
-8.56% annual
Average hold time
0.4 yr
median 0.4 yr

Quarterly history

Cum return +25% vs S&P +53% · α -28% lifetimeAUM $23M · peak $76MFlow $-52M (-73%)2021-062022-062023-032023-122025-062026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
when a holding falls −10%+
Middle response
-0.23%
baseline attrition
Rally response
-89.40%
trims into rallies
when a holding rises +10%+

Top positions · 2

Ticker$ value% portYoYHold time
CORZCore Scientific, Inc.$19M85.1%+60.9%0.5 yr
APLDApplied Digital Corporat$3M14.9%+299.0%0.3 yr

Portfolio composition (YoY)

Industry mix
Software - Infrastructure85.1%$19M
Information Technology Services14.9%$3M
Country
US100.0%
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %

Losers

TickerPrev $PnLYoY %

Top buys this quarter · 1

APLD Applied Digital Corporationnew+$3M

Top sells this quarter · 3

PCG PG&E Corporationexit$33M
WULF TeraWulf Inc.exit$14M
CORZ Core Scientific, Inc.$12M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$23M2+44.80%+17.59%+27.21%-0.05B
2025-12-31$71M3+25.73%+28.35%-2.62%+0.04B
2025-09-30$31M4+8.38%+38.01%-29.63%+0.00B
2025-06-30$25M2+18.66%+10.78%+7.88%-0.02B
2024-06-30$35M1-8.93%+4.38%-13.31%+0.03B
2024-03-31$10M2-13.11%+10.39%-23.50%-0.00B
2023-12-31$12M3+0.00B
2023-09-30$10M2+6.79%-3.22%+10.02%-0.07B
2023-06-30$76M4-5.38%+8.68%-14.06%+0.05B
2023-03-31$31M2+0.01B
2022-12-31$17M1+8.23%+7.56%+0.67%-0.02B
2022-09-30$35M2+0.02B
2022-06-30$18M1+0.01B
2022-03-31$12M2-0.00B
2021-09-30$13M2+0.01B
2021-06-30$6M2