Jade Capital Advisors, LLC

Essex Fells, NJ · CIK 1761663 · 13F filing filed 2024-05-10

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)

$132.7m reported value -19.3% vs Q4 2023

69positions

37.5%in top 10

29 new 6 added 29 reduced 36 sold out vs Q4 2023

Options: 1 call positions ($970.4k notional), 2 put positions ($3.6m notional) – listed below, not included above.

Holdings, Q1 2024

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	ORION S.A. COM OEC	OEC	403,041	$9.5m7.15%	7.15%	Added +75.0k	+75,000 22.9%
2	AAR CORP COM AIR	AIR	130,000	$7.8m5.87%	5.87%	New
3	GE AEROSPACE COM NEW GE	GE	30,000	$5.3m3.97%	3.97%	New
4	ATKORE INC COM ATKR	ATKR	25,000	$4.8m3.59%	3.59%	New
5	ALASKA AIR GROUP INC COM ALK	ALK	105,000	$4.5m3.40%	3.40%	Added +55.0k	+55,000 110.0%
6	MOSAIC CO NEW COM MOS	MOS	120,000	$3.9m2.94%	2.94%	Added +70.0k	+70,000 140.0%
7	ZEBRA TECHNOLOGIES CORPORATI CL A ZBRA	ZBRA	12,500	$3.8m2.84%	2.84%	New
8	EASTMAN CHEM CO COM EMN	EMN	37,000	$3.7m2.80%	2.80%	Added +22.0k	+22,000 146.7%
9	NVENT ELECTRIC PLC SHS NVT	NVT	45,000	$3.4m2.56%	2.56%	New
10	CHEVRON CORP NEW COM CVX	CVX	20,000	$3.2m2.38%	2.38%	New
11	GATES INDL CORP PLC ORD SHS 9666678D	9666678D	175,149	$3.1m2.34%	2.34%	Added +149	+149 0.1%
12	CARNIVAL CORP UNIT 99/99/9999 UNIT 99/99/9999		185,000	$3.0m2.28%	2.28%	Reduced -165.0k	-165,000 -47.1%
13	FLOWSERVE CORP COM FLS	FLS	65,264	$3.0m2.25%	2.25%	Reduced -45.0k	-45,000 -40.8%
14	CUMMINS INC COM CMI	CMI	10,000	$2.9m2.22%	2.22%	New
15	AMERICAN AIRLS GROUP INC COM AAL	AAL	190,000	$2.9m2.20%	2.20%	Reduced -170.0k	-170,000 -47.2%
16	NORDSON CORP COM NDSN	NDSN	10,000	$2.7m2.07%	2.07%	New
17	VANECK ETF TRUST OIL SERVICES ETF OIH	OIH	8,000	$2.7m2.03%	2.03%	New
18	UNITED AIRLS HLDGS INC COM UAL	UAL	55,000	$2.6m1.99%	1.99%	Reduced -118.2k	-118,165 -68.2%
19	LOUISIANA PAC CORP COM LPX	LPX	30,000	$2.5m1.90%	1.90%	New
20	HUBBELL INC COM HUBB	HUBB	6,000	$2.5m1.88%	1.88%	New
21	STANLEY BLACK & DECKER INC COM SWK	SWK	25,000	$2.4m1.85%	1.85%	Reduced -15.0k	-15,000 -37.5%
22	ESAB CORPORATION COM ESAB	ESAB	20,000	$2.2m1.67%	1.67%	New
23	BARCLAYS BANK PLC IPTH SR B S&P IPTH SR B S&P		168,250	$2.2m1.64%	1.64%	Reduced -30.0k	-30,000 -15.1%
24	SAIA INC COM SAIA	SAIA	3,500	$2.0m1.54%	1.54%	Reduced -5.0k	-5,000 -58.8%
25	SEALED AIR CORP NEW COM COM		55,000	$2.0m1.54%	1.54%	New
26	XPO INC COM XPO	XPO	15,000	$1.8m1.38%	1.38%	New
27	VALE S A SPONSORED ADS VALE	VALE	150,000	$1.8m1.38%	1.38%	New
28	REGAL REXNORD CORPORATION COM RRX	RRX	10,000	$1.8m1.36%	1.36%	Reduced -17.5k	-17,500 -63.6%
29	WEYERHAEUSER CO MTN BE COM NEW WY	WY	50,000	$1.8m1.35%	1.35%	New
30	FMC CORP COM NEW FMC	FMC	27,000	$1.7m1.30%	1.30%	Added +15.0k	+15,000 125.0%
31	LESLIES INC COM COM		247,600	$1.6m1.21%	1.21%	Reduced -120.0k	-120,000 -32.6%
32	MOBILEYE GLOBAL INC COMMON CLASS A MBLY	MBLY	50,000	$1.6m1.21%	1.21%	New
33	3M CO COM MMM	MMM	15,000	$1.6m1.20%	1.20%	Reduced -25.0k	-25,000 -62.5%
34	EATON CORP PLC SHS ETN	ETN	5,000	$1.6m1.18%	1.18%	Reduced -5.0k	-5,000 -50.0%
35	DUPONT DE NEMOURS INC COM DWDP	DWDP	20,000	$1.5m1.16%	1.16%	New
36	MASTEC INC COM MTZ	MTZ	15,000	$1.4m1.05%	1.05%	New
37	NUTRIEN LTD COM NTR	NTR	25,000	$1.4m1.02%	1.02%	Reduced -10.0k	-10,000 -28.6%
38	SPIRIT AEROSYSTEMS HLDGS INC COM CL A SPR	SPR	37,560	$1.4m1.02%	1.02%	Reduced -37.4k	-37,440 -49.9%
39	ALCOA CORP COM AA	AA	40,000	$1.4m1.02%	1.02%	New
40	JOHNSON CTLS INTL PLC SHS JCI	JCI	20,000	$1.3m0.98%	0.98%	Reduced -10.0k	-10,000 -33.3%
41	HUNTSMAN CORP COM HUN	HUN	50,000	$1.3m0.98%	0.98%	New
42	OCCIDENTAL PETE CORP COM OXY	OXY	20,000	$1.3m0.98%	0.98%	Reduced -25.0k	-25,000 -55.6%
43	GENERAC HLDGS INC COM GNRC	GNRC	10,000	$1.3m0.95%	0.95%	Reduced -20.0k	-20,000 -66.7%
44	SCHNEIDER NATIONAL INC CL B SNDR	SNDR	55,000	$1.2m0.94%	0.94%	Reduced -50.0k	-50,000 -47.6%
45	GOODYEAR TIRE & RUBR CO COM GT	GT	90,000	$1.2m0.93%	0.93%	Reduced -10.0k	-10,000 -10.0%
46	TRONOX HOLDINGS PLC SHS TROX	TROX	60,370	$1.0m0.79%	0.79%	Reduced -14.6k	-14,630 -19.5%
47	ARCADIUM LITHIUM PLC COM SHS ALTM	ALTM	236,540	$1.0m0.77%	0.77%	New
48	JETBLUE AWYS CORP COM JBLU	JBLU	130,000	$964.6k0.73%	0.73%	Reduced -155.0k	-155,000 -54.4%
49	PHINIA INC COMMON STOCK PHIN	PHIN	25,000	$960.8k0.72%	0.72%	New
50	NORWEGIAN CRUISE LINE HLDG L SHS NCLH	NCLH	45,000	$941.9k0.71%	0.71%	Reduced -305.0k	-305,000 -87.1%
51	ALBEMARLE CORP COM ALB	ALB	7,000	$922.2k0.70%	0.70%	New
52	CARRIER GLOBAL CORPORATION COM CARR	CARR	15,000	$872.0k0.66%	0.66%	New
53	UNITED STATES STL CORP NEW COM X	X	20,000	$815.6k0.61%	0.61%	New
54	INTERNATIONAL PAPER CO COM IP	IP	20,000	$780.4k0.59%	0.59%	Unchanged
55	HAYWARD HLDGS INC COM HAYW	HAYW	50,000	$765.5k0.58%	0.58%	Unchanged
56	CHEMOURS CO COM CC	CC	25,000	$656.5k0.49%	0.49%	Reduced -25.0k	-25,000 -50.0%
57	ATMUS FILTRATION TECHNOLOGIE COM ATMU	ATMU	20,000	$645.0k0.49%	0.49%	New
58	AXALTA COATING SYS LTD COM AXTA	AXTA	15,525	$533.9k0.40%	0.40%	Reduced -30.0k	-30,000 -65.9%
59	TRIUMPH GROUP INC NEW COM TGI	TGI	35,000	$526.4k0.40%	0.40%	Reduced -425.0k	-425,000 -92.4%
60	BORGWARNER INC COM BWA	BWA	15,000	$521.1k0.39%	0.39%	New
61	VONTIER CORPORATION COM VNT	VNT	10,000	$453.6k0.34%	0.34%	New
62	WEST FRASER TIMBER CO LTD COM WFG	WFG	5,000	$431.7k0.33%	0.33%	Reduced -10.0k	-10,000 -66.7%
63	FRONTIER GROUP HLDGS INC COM ULCC	ULCC	49,436	$400.9k0.30%	0.30%	Reduced -450.6k	-450,564 -90.1%
64	PURECYCLE TECHNOLOGIES INC COM PCT	PCT	35,000	$217.7k0.16%	0.16%	Unchanged
65	COMPASS MINERALS INTL INC COM CMP	CMP	11,346	$178.6k0.13%	0.13%	Reduced -20.0k	-20,000 -63.8%
66	MP MATERIALS CORP COM CL A MP	MP	10,000	$143.0k0.11%	0.11%	Reduced -10.0k	-10,000 -50.0%
67	SIGMA LITHIUM CORPORATION COM SGML	SGML	10,000	$129.6k0.10%	0.10%	Reduced -10.0k	-10,000 -50.0%
68	STANDARD LITHIUM LTD COM SLI	SLI	25,000	$29.5k0.02%	0.02%	Unchanged
69	FUELCELL ENERGY INC COM COM		10,000	$11.9k0.01%	0.01%	Unchanged

Sold out since Q4 2023

Security	Ticker	Shares held before	Value then
COMMERCIAL METALS CO CMC	CMC	140,000	$7.0m140.0k shares
NORFOLK SOUTHN CORP NSC	NSC	25,000	$5.9m25.0k shares
HERC HLDGS INC HRI	HRI	22,000	$3.3m22.0k shares
MIDDLEBY CORP MIDD	MIDD	20,000	$2.9m20.0k shares
TECK RESOURCES LTD TECK	TECK	60,000	$2.5m60.0k shares
PACTIV EVERGREEN INC PTVE	PTVE	180,000	$2.5m180.0k shares
ROCKWELL AUTOMATION INC ROK	ROK	7,500	$2.3m7.5k shares
WERNER ENTERPRISES INC WERN	WERN	50,000	$2.1m50.0k shares
WOODWARD INC WWD	WWD	15,000	$2.0m15.0k shares
TIMKEN CO TKR	TKR	25,000	$2.0m25.0k shares
CORTEVA INC CTVA	CTVA	35,000	$1.7m35.0k shares
LIVENT CORP		90,000	$1.6m90.0k shares
FREEPORT-MCMORAN INC FCX	FCX	30,000	$1.3m30.0k shares
CLEVELAND-CLIFFS INC NEW CLF	CLF	61,424	$1.3m61.4k shares
COGNEX CORP CGNX	CGNX	30,000	$1.3m30.0k shares
ALLEGIANT TRAVEL CO ALGT	ALGT	15,000	$1.2m15.0k shares
VERALTO CORP VLTO	VLTO	15,000	$1.2m15.0k shares
ADVANCE AUTO PARTS INC AAP	AAP	20,000	$1.2m20.0k shares
KNIGHT-SWIFT TRANSN HLDGS IN KNX	KNX	20,000	$1.2m20.0k shares
SPIRIT AIRLS INC SAVE	SAVE	70,000	$1.1m70.0k shares
IDEX CORP IEX	IEX	5,000	$1.1m5.0k shares
ATI INC ATI	ATI	23,114	$1.1m23.1k shares
NOV INC NOV	NOV	50,000	$1.0m50.0k shares
POOL CORP POOL	POOL	2,500	$996.8k2.5k shares
VERTIV HOLDINGS CO VRT	VRT	20,000	$960.6k20.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPIRIT AEROSYSTEMS HLDGS INC SPR · Put	SPR	Put	50,000	$1.8m50.0k shares	New
AAR CORP AIR · Put	AIR	Put	30,000	$1.8m30.0k shares	New
MSC INDL DIRECT INC MSM · Call	MSM	Call	10,000	$970.4k10.0k shares	New