Jade Capital Advisors, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Jade Capital Advisors, LLC reported 69 stock positions worth $132.7 million. Its top holding was Orion (OEC) at 7.1% of the portfolio, followed by Aar (AIR, 5.9%) and General Electric (GE, 4.0%). Compared with Q4 2023, it opened 29 new positions, sold out of 36, added to 6 and reduced 29. The biggest buy was a new position in Aar (AIR) and the biggest sale an exit from Commercial Metals (CMC).
- Most Recent 13F
- Q3 2024
- Location
- Essex Fells, NJ
- CIK
- 0001761663
- Portfolio Value
- $132.7M (Q1 2024)
- SEC Filing
- 0001420506-24-000746 ↗ filed May 10, 2024
Holdings Value
Holdings 69 stocks · $132.7M
| OEC Orion SA | 7.15% | 403,041 | $9.5M | Add +22.9% |
| AIR Aar Corp. | 5.87% | 130,000 | $7.8M | New |
| GE General Electric | 3.97% | 30,000 | $5.3M | New |
| ATKR Atkore Inc. | 3.59% | 25,000 | $4.8M | New |
| ALK Alaska Air Group Inc. | 3.40% | 105,000 | $4.5M | Add +110.0% |
| MOS The Mosaic Co. | 2.94% | 120,000 | $3.9M | Add +140.0% |
| ZBRA Zebra Technologies Corp. Class A | 2.84% | 12,500 | $3.8M | New |
| EMN Eastman Chemical Co. | 2.80% | 37,000 | $3.7M | Add +146.7% |
| NVT Nvent Electric PLC | 2.56% | 45,000 | $3.4M | New |
| CVX Chevron Corp. | 2.38% | 20,000 | $3.2M | New |
| GTES Gates Industrial Corp. UK Ltd. | 2.34% | 175,149 | $3.1M | Add +0.1% |
| CCL Carnival Corp. | 2.28% | 185,000 | $3.0M | Reduce -47.1% |
| FLS Flowserve Corp. | 2.25% | 65,264 | $3.0M | Reduce -40.8% |
| CMI Cummins Inc. | 2.22% | 10,000 | $2.9M | New |
| AAL American Airlines Group Inc. | 2.20% | 190,000 | $2.9M | Reduce -47.2% |
| NDSN Nordson Corp. | 2.07% | 10,000 | $2.7M | New |
| OIH Vaneck Oil Services ETF | 2.03% | 8,000 | $2.7M | New |
| UAL United Airlines Holdings Inc. | 1.99% | 55,000 | $2.6M | Reduce -68.2% |
| LPX Louisiana-Pacific Corp. | 1.90% | 30,000 | $2.5M | New |
| HUBB Hubbell Inc. | 1.88% | 6,000 | $2.5M | New |
| SWK Stanley Black & Decker Inc. | 1.85% | 25,000 | $2.4M | Reduce -37.5% |
| ESAB Esab Corp. | 1.67% | 20,000 | $2.2M | New |
| BARCLAYS BANK PLC | 1.64% | 168,250 | $2.2M | Reduce -15.1% |
| SAIA Saia Inc. | 1.54% | 3,500 | $2.0M | Reduce -58.8% |
| SEE Sealed Air Corp. | 1.54% | 55,000 | $2.0M | New |
| XPO Xpo Inc. | 1.38% | 15,000 | $1.8M | New |
| VALE Vale SA-SP ADR | 1.38% | 150,000 | $1.8M | New |
| RRX Regal Rexnord Corp. | 1.36% | 10,000 | $1.8M | Reduce -63.6% |
| WY Weyerhaeuser Co. | 1.35% | 50,000 | $1.8M | New |
| FMC FMC Corp. | 1.30% | 27,000 | $1.7M | Add +125.0% |
| LESLIES INC | 1.21% | 247,600 | $1.6M | Reduce -32.6% |
| MBLY Mobileye Global Inc. Class A | 1.21% | 50,000 | $1.6M | New |
| MMM 3M Co. | 1.20% | 15,000 | $1.6M | Reduce -62.5% |
| ETN Eaton Corp. PLC | 1.18% | 5,000 | $1.6M | Reduce -50.0% |
| DD Dupont DE Nemours Inc. | 1.16% | 20,000 | $1.5M | New |
| MTZ Mastec Inc. | 1.05% | 15,000 | $1.4M | New |
| NTR Nutrien Ltd. | 1.02% | 25,000 | $1.4M | Reduce -28.6% |
| SPR Spirit Aerosystems Hold Class A | 1.02% | 37,560 | $1.4M | Reduce -49.9% |
| AA Alcoa Corp. | 1.02% | 40,000 | $1.4M | New |
| JCI Johnson Controls Internation | 0.98% | 20,000 | $1.3M | Reduce -33.3% |
| HUN Huntsman Corp. | 0.98% | 50,000 | $1.3M | New |
| OXY Occidental Petroleum Corp. | 0.98% | 20,000 | $1.3M | Reduce -55.6% |
| GNRC Generac Holdings Inc. | 0.95% | 10,000 | $1.3M | Reduce -66.7% |
| SNDR Schneider National Inc. Class B | 0.94% | 55,000 | $1.2M | Reduce -47.6% |
| GT Goodyear Tire & Rubber Co. | 0.93% | 90,000 | $1.2M | Reduce -10.0% |
| TROX Tronox Holdings PLC | 0.79% | 60,370 | $1.0M | Reduce -19.5% |
| ALTM Arcadium Lithium PLC | 0.77% | 236,540 | $1.0M | New |
| JBLU Jetblue Airways Corp. | 0.73% | 130,000 | $965K | Reduce -54.4% |
| PHIN Phinia Inc. | 0.72% | 25,000 | $961K | New |
| NCLH Norwegian Cruise Line Holdin | 0.71% | 45,000 | $942K | Reduce -87.1% |
| ALB Albemarle Corp. | 0.70% | 7,000 | $922K | New |
| CARR Carrier Global Corp. | 0.66% | 15,000 | $872K | New |
| X United States Steel Corp. | 0.61% | 20,000 | $816K | New |
| IP International Paper Co. | 0.59% | 20,000 | $780K | No change |
| HAYW Hayward Holdings Inc. | 0.58% | 50,000 | $766K | No change |
| CC The Chemours Co. | 0.49% | 25,000 | $657K | Reduce -50.0% |
| ATMU Atmus Filtration Technologie | 0.49% | 20,000 | $645K | New |
| AXTA Axalta Coating Systems Ltd. | 0.40% | 15,525 | $534K | Reduce -65.9% |
| TGI Triumph Group Inc. | 0.40% | 35,000 | $526K | Reduce -92.4% |
| BWA Borgwarner Inc. | 0.39% | 15,000 | $521K | New |
| VNT Vontier Corp. | 0.34% | 10,000 | $454K | New |
| WFG West Fraser Timber Co. Ltd. | 0.33% | 5,000 | $432K | Reduce -66.7% |
| ULCC Frontier Group Holdings Inc. | 0.30% | 49,436 | $401K | Reduce -90.1% |
| PCT Purecycle Technologies Inc. | 0.16% | 35,000 | $218K | No change |
| CMP Compass Minerals Internation | 0.13% | 11,346 | $179K | Reduce -63.8% |
| MP MP Materials Corp. | 0.11% | 10,000 | $143K | Reduce -50.0% |
| SGML Sigma Lithium Corp. | 0.10% | 10,000 | $130K | Reduce -50.0% |
| SLI Standard Lithium Ltd. | 0.02% | 25,000 | $30K | No change |
| FCEL Fuelcell Energy Inc. | 0.01% | 10,000 | $12K | No change |
Options reported separately and not counted above: SPIRIT AEROSYSTEMS HLDGS INC puts ($1.8M), AAR CORP puts ($1.8M), MSC INDL DIRECT INC calls ($970K).
Portfolio Sells Q4 2023 → Q1 2024
| CMC Commercial Metals Co. | Sold out | 0.00% | −4.26 |
| TGI Triumph Group Inc. | Reduce -92.4% | 0.40% | −4.24 |
| NSC Norfolk Southern Corp. | Sold out | 0.00% | −3.59 |
| NCLH Norwegian Cruise Line Holdin | Reduce -87.1% | 0.71% | −3.56 |
| UAL United Airlines Holdings Inc. | Reduce -68.2% | 1.99% | −2.36 |
| HRI Herc Holdings Inc. | Sold out | 0.00% | −1.99 |
| MIDD Middleby Corp. | Sold out | 0.00% | −1.79 |
| CCL Carnival Corp. | Reduce -47.1% | 2.28% | −1.67 |
| TECK Teck Resources Ltd.-CLS B | Sold out | 0.00% | −1.54 |
| PTVE Pactiv Evergreen Inc. | Sold out | 0.00% | −1.50 |
| MMM 3M Co. | Reduce -62.5% | 1.20% | −1.46 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −1.42 |
| GNRC Generac Holdings Inc. | Reduce -66.7% | 0.95% | −1.41 |
| ULCC Frontier Group Holdings Inc. | Reduce -90.1% | 0.30% | −1.36 |
| WERN Werner Enterprises Inc. | Sold out | 0.00% | −1.29 |
| WWD Woodward Inc. | Sold out | 0.00% | −1.24 |
| TKR Timken Co. | Sold out | 0.00% | −1.22 |
| RRX Regal Rexnord Corp. | Reduce -63.6% | 1.36% | −1.12 |
| CTVA Corteva Inc. | Sold out | 0.00% | −1.02 |
| LTHM Livent Corp. | Sold out | 0.00% | −0.98 |
| AAL American Airlines Group Inc. | Reduce -47.2% | 2.20% | −0.81 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.78 |
| CLF Cleveland-Cliffs Inc. | Sold out | 0.00% | −0.76 |
| CGNX Cognex Corp. | Sold out | 0.00% | −0.76 |
| ALGT Allegiant Travel Co. | Sold out | 0.00% | −0.75 |
| VLTO Veralto Corp. | Sold out | 0.00% | −0.75 |
| AAP Advance Auto Parts Inc. | Sold out | 0.00% | −0.74 |
| SAIA Saia Inc. | Reduce -58.8% | 1.54% | −0.72 |
| KNX Knight-Swift Transportation | Sold out | 0.00% | −0.70 |
| SAVEQ Spirit Airlines Inc. | Sold out | 0.00% | −0.70 |
| SNDR Schneider National Inc. Class B | Reduce -47.6% | 0.94% | −0.69 |
| IEX Idex Corp. | Sold out | 0.00% | −0.66 |
| OXY Occidental Petroleum Corp. | Reduce -55.6% | 0.98% | −0.65 |
| ATI Ati Inc. | Sold out | 0.00% | −0.64 |
| NOV Nov Inc. | Sold out | 0.00% | −0.62 |
| POOL Pool Corp. | Sold out | 0.00% | −0.61 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.58 |
| SWK Stanley Black & Decker Inc. | Reduce -37.5% | 1.85% | −0.54 |
| AXTA Axalta Coating Systems Ltd. | Reduce -65.9% | 0.40% | −0.54 |
| FLS Flowserve Corp. | Reduce -40.8% | 2.25% | −0.52 |
| CC The Chemours Co. | Reduce -50.0% | 0.49% | −0.46 |
| WFG West Fraser Timber Co. Ltd. | Reduce -66.7% | 0.33% | −0.46 |
| PPG PPG Industries Inc. | Sold out | 0.00% | −0.45 |
| SPR Spirit Aerosystems Hold Class A | Reduce -49.9% | 1.02% | −0.43 |
| BA The Boeing Co. | Sold out | 0.00% | −0.40 |
| RIG Transocean Ltd. | Sold out | 0.00% | −0.36 |
| TEX Terex Corp. | Sold out | 0.00% | −0.35 |
| CMP Compass Minerals Internation | Reduce -63.8% | 0.13% | −0.35 |
| HA Hawaiian Holdings Inc. | Sold out | 0.00% | −0.35 |
| LESLIES INC | Reduce -32.6% | 1.21% | −0.33 |
Portfolio Buys Q4 2023 → Q1 2024
| AIR Aar Corp. | New | 5.87% | +5.87 |
| GE General Electric | New | 3.97% | +3.97 |
| ATKR Atkore Inc. | New | 3.59% | +3.59 |
| ZBRA Zebra Technologies Corp. Class A | New | 2.84% | +2.84 |
| NVT Nvent Electric PLC | New | 2.56% | +2.56 |
| CVX Chevron Corp. | New | 2.38% | +2.38 |
| CMI Cummins Inc. | New | 2.22% | +2.22 |
| ALK Alaska Air Group Inc. | Add +110.0% | 3.40% | +2.21 |
| NDSN Nordson Corp. | New | 2.07% | +2.07 |
| OIH Vaneck Oil Services ETF | New | 2.03% | +2.03 |
| EMN Eastman Chemical Co. | Add +146.7% | 2.80% | +1.98 |
| LPX Louisiana-Pacific Corp. | New | 1.90% | +1.90 |
| HUBB Hubbell Inc. | New | 1.88% | +1.88 |
| MOS The Mosaic Co. | Add +140.0% | 2.94% | +1.85 |
| ESAB Esab Corp. | New | 1.67% | +1.67 |
| OEC Orion SA | Add +22.9% | 7.15% | +1.61 |
| SEE Sealed Air Corp. | New | 1.54% | +1.54 |
| XPO Xpo Inc. | New | 1.38% | +1.38 |
| VALE Vale SA-SP ADR | New | 1.38% | +1.38 |
| WY Weyerhaeuser Co. | New | 1.35% | +1.35 |
| MBLY Mobileye Global Inc. Class A | New | 1.21% | +1.21 |
| DD Dupont DE Nemours Inc. | New | 1.16% | +1.16 |
| MTZ Mastec Inc. | New | 1.05% | +1.05 |
| AA Alcoa Corp. | New | 1.02% | +1.02 |
| HUN Huntsman Corp. | New | 0.98% | +0.98 |
| GTES Gates Industrial Corp. UK Ltd. | Add +0.1% | 2.34% | +0.91 |
| FMC FMC Corp. | Add +125.0% | 1.30% | +0.84 |
| ALTM Arcadium Lithium PLC | New | 0.77% | +0.77 |
| PHIN Phinia Inc. | New | 0.72% | +0.72 |
| ALB Albemarle Corp. | New | 0.70% | +0.70 |
| CARR Carrier Global Corp. | New | 0.66% | +0.66 |
| X United States Steel Corp. | New | 0.61% | +0.61 |
| ATMU Atmus Filtration Technologie | New | 0.49% | +0.49 |
| BWA Borgwarner Inc. | New | 0.39% | +0.39 |
| VNT Vontier Corp. | New | 0.34% | +0.34 |
Options Activity Q4 2023 → Q1 2024
| BOEING CO | call | Sold out | 10,000 | $2.6Mbefore exit |
| SPIRIT AEROSYSTEMS HLDGS INC | put | New | 50,000 | $1.8M |
| AAR CORP | put | New | 30,000 | $1.8M |
| MSC INDL DIRECT INC | call | New | 10,000 | $970K |
| SPIRIT AIRLS INC | put | Sold out | 50,000 | $820Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.