Jade Capital Advisors, LLC

Essex Fells, NJ · CIK 1761663 · 13F filing filed 2023-05-12

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityJADE CAPITAL ADVISORS LLC (US)

Others nearbyEssex Fells, NJ

$70.1m reported value +104.3% vs Q4 2022

58positions

42.6%in top 10

31 new 11 added 8 reduced 18 sold out vs Q4 2022

Options: 0 call positions (— notional), 1 put positions ($2.0m notional) – listed below, not included above.

Holdings, Q1 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	PPG INDS INC COM PPG	PPG	39,000	$5.2m7.43%	7.43%	Added +35.0k	+35,000 875.0%
2	HONEYWELL INTL INC COM COM		22,500	$4.3m6.13%	6.13%	New
3	CABOT CORP COM CBT	CBT	39,000	$3.0m4.26%	4.26%	New
4	NUTRIEN LTD COM NTR	NTR	40,000	$3.0m4.21%	4.21%	New
5	AMERICAN AIRLS GROUP INC COM AAL	AAL	190,000	$2.8m4.00%	4.00%	New
6	ECOLAB INC COM ECL	ECL	15,000	$2.5m3.54%	3.54%	New
7	FORTIVE CORP COM FTV	FTV	35,000	$2.4m3.40%	3.40%	New
8	CARNIVAL CORP UNIT 99/99/9999 UNIT 99/99/9999		225,000	$2.3m3.26%	3.26%	New
9	TRONOX HOLDINGS PLC SHS TROX	TROX	155,000	$2.2m3.18%	3.18%	Added +105.0k	+105,000 210.0%
10	NORDSON CORP COM NDSN	NDSN	10,000	$2.2m3.17%	3.17%	New
11	PACTIV EVERGREEN INC COM PTVE	PTVE	270,000	$2.2m3.08%	3.08%	Added +50.0k	+50,000 22.7%
12	DEERE & CO COM DE	DE	5,000	$2.1m2.94%	2.94%	New
13	RTX CORPORATION COM RTX	RTX	20,000	$2.0m2.79%	2.79%	Added +6.0k	+6,000 42.9%
14	NORWEGIAN CRUISE LINE HLDG L SHS NCLH	NCLH	135,000	$1.8m2.59%	2.59%	Added +95.0k	+95,000 237.5%
15	DELTA AIR LINES INC DEL COM NEW DAL	DAL	48,000	$1.7m2.39%	2.39%	Added +20.0k	+20,000 71.4%
16	BOEING CO COM BA	BA	7,500	$1.6m2.27%	2.27%	Reduced -500	-500 -6.2%
17	LEAR CORP COM NEW LEA	LEA	10,000	$1.4m1.99%	1.99%	Reduced -7.0k	-7,000 -41.2%
18	AGCO CORP COM AGCO	AGCO	10,000	$1.4m1.93%	1.93%	New
19	ALCOA CORP COM AA	AA	30,000	$1.3m1.82%	1.82%	Added +22.0k	+22,000 275.0%
20	IPG PHOTONICS CORP COM IPGP	IPGP	10,000	$1.2m1.76%	1.76%	New
21	IDEX CORP COM IEX	IEX	5,000	$1.2m1.65%	1.65%	New
22	TECK RESOURCES LTD CL B TECK	TECK	30,000	$1.1m1.56%	1.56%	Added +20.0k	+20,000 200.0%
23	MAGNA INTL INC COM MGA	MGA	20,000	$1.1m1.53%	1.53%	New
24	NORFOLK SOUTHN CORP COM NSC	NSC	5,000	$1.1m1.51%	1.51%	New
25	CHEMOURS CO COM CC	CC	35,000	$1.0m1.49%	1.49%	New
26	BARCLAYS BANK PLC IPTH SR B S&P IPTH SR B S&P		23,250	$1.0m1.49%	1.49%	New
27	BARNES GROUP INC COM B	B	25,000	$1.0m1.44%	1.44%	New
28	UNION PAC CORP COM UNP	UNP	5,000	$1.0m1.44%	1.44%	Added +2.5k	+2,500 100.0%
29	WOODWARD INC COM WWD	WWD	10,000	$973.7k1.39%	1.39%	New
30	AXALTA COATING SYS LTD COM AXTA	AXTA	30,525	$924.6k1.32%	1.32%	Unchanged
31	VALE S A SPONSORED ADS VALE	VALE	55,000	$867.9k1.24%	1.24%	New
32	ORION S.A. COM OEC	OEC	33,041	$862.0k1.23%	1.23%	Reduced -31.9k	-31,942 -49.1%
33	COMPASS MINERALS INTL INC COM CMP	CMP	25,000	$857.2k1.22%	1.22%	Reduced -10.0k	-10,000 -28.6%
34	GOODYEAR TIRE & RUBR CO COM GT	GT	75,000	$826.5k1.18%	1.18%	Added +60.0k	+60,000 400.0%
35	XPO INC COM XPO	XPO	25,000	$797.5k1.14%	1.14%	New
36	CANADIAN PAC RY LTD COM COM		10,000	$769.4k1.10%	1.10%	New
37	CNH INDL N V SHS CNH	CNH	50,000	$763.5k1.09%	1.09%	New
38	GENERAC HLDGS INC COM GNRC	GNRC	7,000	$756.1k1.08%	1.08%	New
39	ARCONIC CORPORATION COM COM		25,000	$655.8k0.94%	0.94%	New
40	EXPEDIA GROUP INC COM NEW EXPE	EXPE	6,500	$630.7k0.90%	0.90%	New
41	O-I GLASS INC COM OI	OI	25,000	$567.8k0.81%	0.81%	Reduced -10.0k	-10,000 -28.6%
42	INTREPID POTASH INC COM IPI	IPI	20,000	$552.0k0.79%	0.79%	New
43	LITHIUM AMERS CORP NEW COM NEW COM NEW		25,000	$544.0k0.78%	0.78%	New
44	APA CORPORATION COM APA	APA	15,000	$540.9k0.77%	0.77%	New
45	PURECYCLE TECHNOLOGIES INC COM PCT	PCT	70,000	$490.0k0.70%	0.70%	Added +20.0k	+20,000 40.0%
46	TREX CO INC COM TREX	TREX	10,000	$486.7k0.69%	0.69%	Unchanged
47	TRIUMPH GROUP INC NEW COM TGI	TGI	35,000	$405.6k0.58%	0.58%	Reduced -40.0k	-40,000 -53.3%
48	VULCAN MATLS CO COM VMC	VMC	2,000	$343.1k0.49%	0.49%	Reduced -3.0k	-3,000 -60.0%
49	VENATOR MATLS PLC SHS VNTR	VNTR	795,241	$321.9k0.46%	0.46%	Unchanged
50	CF INDS HLDGS INC COM CF	CF	4,000	$290.0k0.41%	0.41%	New
51	ARCH RESOURCES INC CL A CL A		2,000	$262.9k0.37%	0.37%	Unchanged
52	CENTURY ALUM CO COM CENX	CENX	25,000	$250.0k0.36%	0.36%	New
53	TRANSOCEAN LTD REGISTERED SHS RIG	RIG	30,000	$190.8k0.27%	0.27%	Unchanged
54	SOUTHWESTERN ENERGY CO COM SWN	SWN	20,000	$100.0k0.14%	0.14%	Reduced -20.0k	-20,000 -50.0%
55	STANDARD LITHIUM LTD COM SLI	SLI	25,000	$95.0k0.14%	0.14%	Unchanged
56	LUCID GROUP INC COM CCIV	CCIV	10,000	$80.4k0.11%	0.11%	New
57	FUELCELL ENERGY INC COM COM		10,000	$28.5k0.04%	0.04%	Unchanged
58	SPRUCE POWER HOLDING CORP COM CL A COM CL A		20,000	$16.4k0.02%	0.02%	Unchanged

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
UNITED AIRLS HLDGS INC UAL	UAL	60,000	$2.3m60.0k shares
LENNOX INTL INC LII	LII	6,500	$1.6m6.5k shares
AUTOLIV INC ALV	ALV	20,000	$1.5m20.0k shares
SPIRIT AEROSYSTEMS HLDGS INC SPR	SPR	51,000	$1.5m51.0k shares
ADVANCE AUTO PARTS INC AAP	AAP	10,000	$1.5m10.0k shares
PARKER-HANNIFIN CORP PH	PH	5,000	$1.5m5.0k shares
HERC HLDGS INC HRI	HRI	6,000	$789.4k6.0k shares
MIDDLEBY CORP MIDD	MIDD	5,000	$669.5k5.0k shares
APTIV PLC 99911EUR	99911EUR	7,000	$651.9k7.0k shares
TOPBUILD CORP BLD	BLD	3,500	$547.7k3.5k shares
MARTIN MARIETTA MATLS INC MLM	MLM	1,500	$507.0k1.5k shares
BARCLAYS BANK PLC		35,000	$494.2k35.0k shares
STANLEY BLACK & DECKER INC SWK	SWK	6,000	$450.7k6.0k shares
ADIENT PLC ADNT	ADNT	10,000	$346.9k10.0k shares
CLEVELAND-CLIFFS INC NEW CLF	CLF	20,000	$322.2k20.0k shares
JETBLUE AWYS CORP JBLU	JBLU	35,000	$226.8k35.0k shares
TEREX CORP NEW TEX	TEX	5,000	$213.6k5.0k shares
ECOVYST INC ECVT	ECVT	20,000	$177.2k20.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
CARNIVAL CORP Put		Put	200,000	$2.0m200.0k shares	New