Jade Capital Advisors, LLC

Essex Fells, NJ · CIK 1761663 · 13F filing filed 2023-11-14

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)

$102.7m reported value -17.2% vs Q2 2023

66positions

44.5%in top 10

24 new 16 added 16 reduced 25 sold out vs Q2 2023

Options: 1 call positions ($1.9m notional), 3 put positions ($6.7m notional) – listed below, not included above.

Holdings, Q3 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	UNION PAC CORP COM UNP	UNP	35,000	$7.1m6.94%	6.94%	Added +30.0k	+30,000 600.0%
2	BOEING CO COM BA	BA	35,000	$6.7m6.53%	6.53%	Added +10.0k	+10,000 40.0%
3	HONEYWELL INTL INC COM COM		32,500	$6.0m5.85%	5.85%	Added +22.5k	+22,500 225.0%
4	NORFOLK SOUTHN CORP COM NSC	NSC	30,000	$5.9m5.75%	5.75%	Added +25.0k	+25,000 500.0%
5	FLOWSERVE CORP COM FLS	FLS	145,264	$5.8m5.62%	5.62%	Added +85.3k	+85,264 142.1%
6	NUTRIEN LTD COM NTR	NTR	60,000	$3.7m3.61%	3.61%	New
7	AXALTA COATING SYS LTD COM AXTA	AXTA	100,525	$2.7m2.63%	2.63%	Added +30.0k	+30,000 42.5%
8	PACTIV EVERGREEN INC COM PTVE	PTVE	330,000	$2.7m2.61%	2.61%	Added +20.0k	+20,000 6.5%
9	TRANSOCEAN LTD REGISTERED SHS RIG	RIG	310,000	$2.5m2.48%	2.48%	Added +100.0k	+100,000 47.6%
10	KNIGHT-SWIFT TRANSN HLDGS IN CL A KNX	KNX	50,000	$2.5m2.44%	2.44%	New
11	GOODYEAR TIRE & RUBR CO COM GT	GT	200,000	$2.5m2.42%	2.42%	Reduced -30.0k	-30,000 -13.0%
12	INTERNATIONAL PAPER CO COM IP	IP	70,000	$2.5m2.42%	2.42%	New
13	TRIUMPH GROUP INC NEW COM TGI	TGI	310,000	$2.4m2.31%	2.31%	Added +225.0k	+225,000 264.7%
14	MOSAIC CO NEW COM MOS	MOS	65,000	$2.3m2.25%	2.25%	Added +50.0k	+50,000 333.3%
15	PEABODY ENERGY CORP COM BTU	BTU	85,000	$2.2m2.15%	2.15%	New
16	BARCLAYS BANK PLC IPTH SR B S&P IPTH SR B S&P		88,250	$2.1m2.00%	2.00%	Added +25.0k	+25,000 39.5%
17	TRANE TECHNOLOGIES PLC SHS TT	TT	10,000	$2.0m1.98%	1.98%	New
18	EMERSON ELEC CO COM EMR	EMR	20,000	$1.9m1.88%	1.88%	Reduced -5.0k	-5,000 -20.0%
19	WESTROCK CO COM WRK	WRK	50,000	$1.8m1.74%	1.74%	Added +40.0k	+40,000 400.0%
20	COMPASS MINERALS INTL INC COM CMP	CMP	61,346	$1.7m1.67%	1.67%	Added +46.3k	+46,346 309.0%
21	CHART INDS INC COM GTLS	GTLS	10,000	$1.7m1.65%	1.65%	New
22	FMC CORP COM NEW FMC	FMC	25,000	$1.7m1.63%	1.63%	New
23	JOHNSON CTLS INTL PLC SHS JCI	JCI	30,000	$1.6m1.55%	1.55%	New
24	IDEX CORP COM IEX	IEX	7,500	$1.6m1.52%	1.52%	New
25	EASTMAN CHEM CO COM EMN	EMN	20,000	$1.5m1.49%	1.49%	New
26	LIVENT CORP COM COM		75,000	$1.4m1.34%	1.34%	Reduced -125.0k	-125,000 -62.5%
27	ORION S.A. COM OEC	OEC	63,041	$1.3m1.31%	1.31%	Added +50.0k	+50,000 383.4%
28	UNITED STATES STL CORP NEW COM X	X	40,000	$1.3m1.26%	1.26%	New
29	TECK RESOURCES LTD CL B TECK	TECK	30,000	$1.3m1.26%	1.26%	Unchanged
30	RIVIAN AUTOMOTIVE INC COM CL A RIVN	RIVN	50,000	$1.2m1.18%	1.18%	Added +25.0k	+25,000 100.0%
31	ITRON INC COM ITRI	ITRI	20,000	$1.2m1.18%	1.18%	New
32	NORTHROP GRUMMAN CORP COM NOC	NOC	2,500	$1.1m1.07%	1.07%	New
33	WEST FRASER TIMBER CO LTD COM WFG	WFG	15,000	$1.1m1.06%	1.06%	Unchanged
34	APA CORPORATION COM APA	APA	25,000	$1.0m1.00%	1.00%	Reduced -20.0k	-20,000 -44.4%
35	TRONOX HOLDINGS PLC SHS TROX	TROX	70,000	$940.8k0.92%	0.92%	Reduced -30.0k	-30,000 -30.0%
36	ENTEGRIS INC COM ENTG	ENTG	10,000	$939.1k0.91%	0.91%	Unchanged
37	CROWN HLDGS INC COM CCK	CCK	10,000	$884.8k0.86%	0.86%	New
38	BARNES GROUP INC COM B	B	25,000	$849.2k0.83%	0.83%	New
39	STANLEY BLACK & DECKER INC COM SWK	SWK	10,000	$835.8k0.81%	0.81%	Reduced -5.0k	-5,000 -33.3%
40	LOUISIANA PAC CORP COM LPX	LPX	15,000	$829.0k0.81%	0.81%	Reduced -5.0k	-5,000 -25.0%
41	JETBLUE AWYS CORP COM JBLU	JBLU	175,000	$805.0k0.78%	0.78%	Reduced -175.0k	-175,000 -50.0%
42	ELEMENT SOLUTIONS INC COM ESI	ESI	40,000	$784.4k0.76%	0.76%	Unchanged
43	AMERICAN AIRLS GROUP INC COM AAL	AAL	60,000	$768.6k0.75%	0.75%	Reduced -265.0k	-265,000 -81.5%
44	ALCOA CORP COM AA	AA	25,000	$726.5k0.71%	0.71%	Reduced -5.0k	-5,000 -16.7%
45	MP MATERIALS CORP COM CL A MP	MP	35,000	$668.5k0.65%	0.65%	New
46	PPG INDS INC COM PPG	PPG	5,000	$649.0k0.63%	0.63%	Reduced -20.0k	-20,000 -80.0%
47	SIGMA LITHIUM CORPORATION COM SGML	SGML	20,000	$648.8k0.63%	0.63%	New
48	HAWAIIAN HOLDINGS INC COM HAGBP	HAGBP	100,000	$633.0k0.62%	0.62%	New
49	HERC HLDGS INC COM HRI	HRI	5,000	$594.7k0.58%	0.58%	Reduced -15.0k	-15,000 -75.0%
50	LESLIES INC COM COM		100,000	$566.0k0.55%	0.55%	New
51	GENERAC HLDGS INC COM GNRC	GNRC	5,000	$544.8k0.53%	0.53%	Reduced -6.0k	-6,000 -54.5%
52	CENTURY ALUM CO COM CENX	CENX	75,000	$539.2k0.53%	0.53%	Added +50.0k	+50,000 200.0%
53	IPG PHOTONICS CORP COM IPGP	IPGP	5,000	$507.7k0.49%	0.49%	New
54	SPIRIT AIRLS INC COM SAVE	SAVE	30,000	$495.0k0.48%	0.48%	New
55	NOV INC COM NOV	NOV	20,000	$418.0k0.41%	0.41%	New
56	VALE S A SPONSORED ADS VALE	VALE	30,000	$402.0k0.39%	0.39%	New
57	PIEDMONT LITHIUM INC COM PLL	PLL	10,000	$397.0k0.39%	0.39%	Unchanged
58	HEXCEL CORP NEW COM HXL	HXL	5,000	$325.7k0.32%	0.32%	Reduced -45.0k	-45,000 -90.0%
59	CHEMOURS CO COM CC	CC	10,000	$280.5k0.27%	0.27%	Reduced -10.0k	-10,000 -50.0%
60	COMSTOCK RES INC COM CRK	CRK	20,000	$220.6k0.21%	0.21%	New
61	SOUTHWESTERN ENERGY CO COM SWN	SWN	20,000	$129.0k0.13%	0.13%	Unchanged
62	FRONTIER GROUP HLDGS INC COM ULCC	ULCC	20,000	$96.8k0.09%	0.09%	Reduced -30.0k	-30,000 -60.0%
63	STANDARD LITHIUM LTD COM SLI	SLI	25,000	$70.8k0.07%	0.07%	Unchanged
64	LUCID GROUP INC COM CCIV	CCIV	10,000	$55.9k0.05%	0.05%	Unchanged
65	SPRUCE POWER HOLDING CORP COM CL A COM CL A		20,000	$13.6k0.01%	0.01%	Unchanged
66	FUELCELL ENERGY INC COM COM		10,000	$12.8k0.01%	0.01%	Unchanged

Sold out since Q2 2023

Security	Ticker	Shares held before	Value then
ECOLAB INC ECL	ECL	25,000	$4.7m25.0k shares
LEAR CORP LEA	LEA	30,381	$4.4m30.4k shares
APTIV PLC 99911EUR	99911EUR	42,613	$4.4m42.6k shares
MAGNA INTL INC MGA	MGA	70,000	$4.0m70.0k shares
COMMERCIAL METALS CO CMC	CMC	70,000	$3.7m70.0k shares
AMERICAN AIRLS GROUP INC		200,000	$3.6m200.0k shares
WOODWARD INC WWD	WWD	27,500	$3.3m27.5k shares
NORDSON CORP NDSN	NDSN	12,500	$3.1m12.5k shares
CARNIVAL CORP		160,000	$3.0m160.0k shares
NORWEGIAN CRUISE LINE HLDG L NCLH	NCLH	135,000	$2.9m135.0k shares
SPIRIT AEROSYSTEMS HLDGS INC SPR	SPR	95,000	$2.8m95.0k shares
HEICO CORP NEW HEI	HEI	15,000	$2.7m15.0k shares
XYLEM INC XYL	XYL	20,000	$2.3m20.0k shares
DEVON ENERGY CORP NEW DVN	DVN	40,000	$1.9m40.0k shares
ALBEMARLE CORP ALB	ALB	7,888	$1.8m7.9k shares
TREX CO INC TREX	TREX	25,000	$1.6m25.0k shares
AZEK CO INC AZEK	AZEK	40,000	$1.2m40.0k shares
UNITED AIRLS HLDGS INC UAL	UAL	20,000	$1.1m20.0k shares
LITHIUM AMERS CORP NEW		45,000	$909.5k45.0k shares
EXPEDIA GROUP INC EXPE	EXPE	6,500	$711.0k6.5k shares
CF INDS HLDGS INC CF	CF	10,000	$694.2k10.0k shares
MASTEC INC MTZ	MTZ	5,000	$589.9k5.0k shares
ADIENT PLC ADNT	ADNT	15,000	$574.8k15.0k shares
MOBILEYE GLOBAL INC MBLY	MBLY	10,000	$384.2k10.0k shares
INTREPID POTASH INC IPI	IPI	10,000	$226.9k10.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
BOEING CO BA · Put	BA	Put	20,000	$3.8m20.0k shares	New
STELLANTIS N.V STLA · Call	STLA	Call	100,000	$1.9m100.0k shares	New
TRANSOCEAN LTD RIG · Put	RIG	Put	200,000	$1.6m200.0k shares	New
APOGEE ENTERPRISES INC APOG · Put	APOG	Put	25,000	$1.2m25.0k shares	New