Jade Capital Advisors, LLC

Essex Fells, NJ · CIK 1761663 · 13F filing filed 2023-08-10

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)

$124.1m reported value +77.0% vs Q1 2023

67positions

36.4%in top 10

29 new 18 added 8 reduced 20 sold out vs Q1 2023

Options: 0 call positions (— notional), 2 put positions ($4.4m notional) – listed below, not included above.

Holdings, Q2 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	AMERICAN AIRLS GROUP INC COM AAL	AAL	325,000	$5.8m4.70%	4.70%	Added +135.0k	+135,000 71.0%
2	LIVENT CORP COM COM		200,000	$5.5m4.42%	4.42%	New
3	BOEING CO COM BA	BA	25,000	$5.3m4.25%	4.25%	Added +17.5k	+17,500 233.3%
4	ECOLAB INC COM ECL	ECL	25,000	$4.7m3.76%	3.76%	Added +10.0k	+10,000 66.7%
5	LEAR CORP COM NEW LEA	LEA	30,381	$4.4m3.51%	3.51%	Added +20.4k	+20,381 203.8%
6	APTIV PLC SHS 99911EUR	99911EUR	42,613	$4.4m3.51%	3.51%	New
7	MAGNA INTL INC COM MGA	MGA	70,000	$4.0m3.18%	3.18%	Added +50.0k	+50,000 250.0%
8	HEXCEL CORP NEW COM HXL	HXL	50,000	$3.8m3.06%	3.06%	New
9	PPG INDS INC COM PPG	PPG	25,000	$3.7m2.99%	2.99%	Reduced -14.0k	-14,000 -35.9%
10	COMMERCIAL METALS CO COM CMC	CMC	70,000	$3.7m2.97%	2.97%	New
11	AMERICAN AIRLS GROUP INC PUT PUT		200,000	$3.6m2.89%	2.89%	New
12	WOODWARD INC COM WWD	WWD	27,500	$3.3m2.64%	2.64%	Added +17.5k	+17,500 175.0%
13	GOODYEAR TIRE & RUBR CO COM GT	GT	230,000	$3.1m2.54%	2.54%	Added +155.0k	+155,000 206.7%
14	NORDSON CORP COM NDSN	NDSN	12,500	$3.1m2.50%	2.50%	Added +2.5k	+2,500 25.0%
15	JETBLUE AWYS CORP COM JBLU	JBLU	350,000	$3.1m2.50%	2.50%	New
16	CARNIVAL CORP UNIT 99/99/9999 UNIT 99/99/9999		160,000	$3.0m2.43%	2.43%	Reduced -65.0k	-65,000 -28.9%
17	NORWEGIAN CRUISE LINE HLDG L SHS NCLH	NCLH	135,000	$2.9m2.37%	2.37%	Unchanged
18	SPIRIT AEROSYSTEMS HLDGS INC COM CL A SPR	SPR	95,000	$2.8m2.23%	2.23%	New
19	HERC HLDGS INC COM HRI	HRI	20,000	$2.7m2.21%	2.21%	New
20	HEICO CORP NEW COM HEI	HEI	15,000	$2.7m2.14%	2.14%	New
21	PACTIV EVERGREEN INC COM PTVE	PTVE	310,000	$2.3m1.89%	1.89%	Added +40.0k	+40,000 14.8%
22	AXALTA COATING SYS LTD COM AXTA	AXTA	70,525	$2.3m1.86%	1.86%	Added +40.0k	+40,000 131.0%
23	EMERSON ELEC CO COM EMR	EMR	25,000	$2.3m1.82%	1.82%	New
24	XYLEM INC COM XYL	XYL	20,000	$2.3m1.82%	1.82%	New
25	FLOWSERVE CORP COM FLS	FLS	60,000	$2.2m1.80%	1.80%	New
26	HONEYWELL INTL INC COM COM		10,000	$2.1m1.67%	1.67%	Reduced -12.5k	-12,500 -55.6%
27	DEVON ENERGY CORP NEW COM DVN	DVN	40,000	$1.9m1.56%	1.56%	New
28	ALBEMARLE CORP COM ALB	ALB	7,888	$1.8m1.42%	1.42%	New
29	GENERAC HLDGS INC COM GNRC	GNRC	11,000	$1.6m1.32%	1.32%	Added +4.0k	+4,000 57.1%
30	TREX CO INC COM TREX	TREX	25,000	$1.6m1.32%	1.32%	Added +15.0k	+15,000 150.0%
31	BARCLAYS BANK PLC IPTH SR B S&P IPTH SR B S&P		63,250	$1.6m1.27%	1.27%	Added +40.0k	+40,000 172.0%
32	APA CORPORATION COM APA	APA	45,000	$1.5m1.24%	1.24%	Added +30.0k	+30,000 200.0%
33	LOUISIANA PAC CORP COM LPX	LPX	20,000	$1.5m1.21%	1.21%	New
34	TRANSOCEAN LTD REGISTERED SHS RIG	RIG	210,000	$1.5m1.19%	1.19%	Added +180.0k	+180,000 600.0%
35	STANLEY BLACK & DECKER INC COM SWK	SWK	15,000	$1.4m1.13%	1.13%	New
36	WEST FRASER TIMBER CO LTD COM WFG	WFG	15,000	$1.3m1.04%	1.04%	New
37	TRONOX HOLDINGS PLC SHS TROX	TROX	100,000	$1.3m1.02%	1.02%	Reduced -55.0k	-55,000 -35.5%
38	TECK RESOURCES LTD CL B TECK	TECK	30,000	$1.3m1.02%	1.02%	Unchanged
39	AZEK CO INC CL A AZEK	AZEK	40,000	$1.2m0.98%	0.98%	New
40	NORFOLK SOUTHN CORP COM NSC	NSC	5,000	$1.1m0.91%	0.91%	Unchanged
41	ENTEGRIS INC COM ENTG	ENTG	10,000	$1.1m0.89%	0.89%	New
42	UNITED AIRLS HLDGS INC COM UAL	UAL	20,000	$1.1m0.88%	0.88%	New
43	TRIUMPH GROUP INC NEW COM TGI	TGI	85,000	$1.1m0.85%	0.85%	Added +50.0k	+50,000 142.9%
44	UNION PAC CORP COM UNP	UNP	5,000	$1.0m0.82%	0.82%	Unchanged
45	ALCOA CORP COM AA	AA	30,000	$1.0m0.82%	0.82%	Unchanged
46	LITHIUM AMERS CORP NEW COM NEW COM NEW		45,000	$909.5k0.73%	0.73%	Added +20.0k	+20,000 80.0%
47	ELEMENT SOLUTIONS INC COM ESI	ESI	40,000	$768.0k0.62%	0.62%	New
48	CHEMOURS CO COM CC	CC	20,000	$737.8k0.59%	0.59%	Reduced -15.0k	-15,000 -42.9%
49	EXPEDIA GROUP INC COM NEW EXPE	EXPE	6,500	$711.0k0.57%	0.57%	Unchanged
50	CF INDS HLDGS INC COM CF	CF	10,000	$694.2k0.56%	0.56%	Added +6.0k	+6,000 150.0%
51	MASTEC INC COM MTZ	MTZ	5,000	$589.9k0.48%	0.48%	New
52	PIEDMONT LITHIUM INC COM PLL	PLL	10,000	$577.1k0.47%	0.47%	New
53	ADIENT PLC ORD SHS ADNT	ADNT	15,000	$574.8k0.46%	0.46%	New
54	MOSAIC CO NEW COM MOS	MOS	15,000	$525.0k0.42%	0.42%	New
55	COMPASS MINERALS INTL INC COM CMP	CMP	15,000	$510.0k0.41%	0.41%	Reduced -10.0k	-10,000 -40.0%
56	FRONTIER GROUP HLDGS INC COM ULCC	ULCC	50,000	$483.5k0.39%	0.39%	New
57	RIVIAN AUTOMOTIVE INC COM CL A RIVN	RIVN	25,000	$416.5k0.34%	0.34%	New
58	MOBILEYE GLOBAL INC COMMON CLASS A MBLY	MBLY	10,000	$384.2k0.31%	0.31%	New
59	WESTROCK CO COM WRK	WRK	10,000	$290.7k0.23%	0.23%	New
60	ORION S.A. COM OEC	OEC	13,041	$276.7k0.22%	0.22%	Reduced -20.0k	-20,000 -60.5%
61	INTREPID POTASH INC COM IPI	IPI	10,000	$226.9k0.18%	0.18%	Reduced -10.0k	-10,000 -50.0%
62	CENTURY ALUM CO COM CENX	CENX	25,000	$218.0k0.18%	0.18%	Unchanged
63	SOUTHWESTERN ENERGY CO COM SWN	SWN	20,000	$120.2k0.10%	0.10%	Unchanged
64	STANDARD LITHIUM LTD COM SLI	SLI	25,000	$112.5k0.09%	0.09%	Unchanged
65	LUCID GROUP INC COM CCIV	CCIV	10,000	$68.9k0.06%	0.06%	Unchanged
66	FUELCELL ENERGY INC COM COM		10,000	$21.6k0.02%	0.02%	Unchanged
67	SPRUCE POWER HOLDING CORP COM CL A COM CL A		20,000	$16.2k0.01%	0.01%	Unchanged

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
CABOT CORP CBT	CBT	39,000	$3.0m39.0k shares
NUTRIEN LTD NTR	NTR	40,000	$3.0m40.0k shares
FORTIVE CORP FTV	FTV	35,000	$2.4m35.0k shares
DEERE & CO DE	DE	5,000	$2.1m5.0k shares
RTX CORPORATION RTX	RTX	20,000	$2.0m20.0k shares
DELTA AIR LINES INC DEL DAL	DAL	48,000	$1.7m48.0k shares
AGCO CORP AGCO	AGCO	10,000	$1.4m10.0k shares
IPG PHOTONICS CORP IPGP	IPGP	10,000	$1.2m10.0k shares
IDEX CORP IEX	IEX	5,000	$1.2m5.0k shares
BARNES GROUP INC B	B	25,000	$1.0m25.0k shares
VALE S A VALE	VALE	55,000	$867.9k55.0k shares
XPO INC XPO	XPO	25,000	$797.5k25.0k shares
CANADIAN PAC RY LTD		10,000	$769.4k10.0k shares
CNH INDL N V CNH	CNH	50,000	$763.5k50.0k shares
ARCONIC CORPORATION		25,000	$655.8k25.0k shares
O-I GLASS INC OI	OI	25,000	$567.8k25.0k shares
PURECYCLE TECHNOLOGIES INC PCT	PCT	70,000	$490.0k70.0k shares
VULCAN MATLS CO VMC	VMC	2,000	$343.1k2.0k shares
VENATOR MATLS PLC VNTR	VNTR	795,241	$321.9k795.2k shares
ARCH RESOURCES INC		2,000	$262.9k2.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPIRIT AEROSYSTEMS HLDGS INC SPR · Put	SPR	Put	90,000	$2.6m90.0k shares	New
JETBLUE AWYS CORP JBLU · Put	JBLU	Put	200,000	$1.8m200.0k shares	New