# Jade Capital Advisors, LLC

> Institutional holdings reported to the SEC as of Q3 2024 on Form 13F. CIK 1761663. Source: https://holderbook.com/funds/1761663-jade-capital-advisors-llc/

- Reported value: $158.7M
- Positions: 98
- Weight of the ten largest: 30.8%
- Filed: 2024-10-21

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ALASKA AIR GROUP INC | [ALK](https://holderbook.com/stocks/ALK/) | $7.9M | 175,000 | 5.0% | 4 |
| SPIRIT AEROSYSTEMS HLDGS INC | [SPR](https://holderbook.com/stocks/SPR/) | $5.3M | 162,560 | 3.3% | 4 |
| WINNEBAGO INDS INC | [WGO](https://holderbook.com/stocks/WGO/) | $4.9M | 85,000 | 3.1% | 1 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $4.7M | 31,000 | 3.0% | 1 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $4.7M | 60,000 | 2.9% | 5 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $4.5M | 45,000 | 2.8% | 2 |
| ORION S.A. | [OEC](https://holderbook.com/stocks/OEC/) | $4.3M | 243,041 | 2.7% | 11 |
| AMERICAN AIRLINES GROUP INC | [AAL](https://holderbook.com/stocks/AAL/) | $4.3M | 380,000 | 2.7% | 7 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $4.1M | 12,500 | 2.6% | 4 |
| THOR INDS INC | [THO](https://holderbook.com/stocks/THO/) | $4.1M | 37,500 | 2.6% | 1 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $3.4M | 25,000 | 2.2% | 4 |
| STANLEY BLACK & DECKER INC | [SWK](https://holderbook.com/stocks/SWK/) | $3.3M | 30,000 | 2.1% | 6 |
| FMC CORP | [FMC](https://holderbook.com/stocks/FMC/) | $3.2M | 49,000 | 2.0% | 5 |
| HUBBELL INC | [HUBB](https://holderbook.com/stocks/HUBB/) | $3.2M | 7,500 | 2.0% | 3 |
| SMURFIT WESTROCK PLC | [SW](https://holderbook.com/stocks/SW/) | $3.2M | 65,000 | 2.0% | 1 |
| HERC HLDGS INC | [HRI](https://holderbook.com/stocks/HRI/) | $3.2M | 20,000 | 2.0% | 1 |
| NORWEGIAN CRUISE LINE HLDGS | [NCLH](https://holderbook.com/stocks/NCLH/) | $3.1M | 150,000 | 1.9% | 4 |
| JETBLUE AIRWAYS CORP | [JBLU](https://holderbook.com/stocks/JBLU/) | $3.0M | 450,000 | 1.9% | 6 |
| ZEBRA TECHNOLOGIES CORPORATI | [ZBRA](https://holderbook.com/stocks/ZBRA/) | $2.8M | 7,500 | 1.7% | 3 |
| GENERAC HLDGS INC | [GNRC](https://holderbook.com/stocks/GNRC/) | $2.7M | 17,000 | 1.7% | 7 |
| INTERNATIONAL PAPER CO | [IP](https://holderbook.com/stocks/IP/) | $2.4M | 50,000 | 1.5% | 5 |
| WINNEBAGO INDS INC | [WGO](https://holderbook.com/stocks/WGO/) | $2.3M | 0 | 1.5% | 1 |
| HAYWARD HLDGS INC | [HAYW](https://holderbook.com/stocks/HAYW/) | $2.3M | 150,000 | 1.4% | 1 |
| IDEX CORP | [IEX](https://holderbook.com/stocks/IEX/) | $2.1M | 10,000 | 1.4% | 1 |
| TRIUMPH GROUP INC NEW | [TGI](https://holderbook.com/stocks/TGI/) | $2.1M | 161,662 | 1.3% | 8 |
| TRONOX HOLDINGS PLC | [TROX](https://holderbook.com/stocks/TROX/) | $2.1M | 141,744 | 1.3% | 9 |
| NORWEGIAN CRUISE LINE HLDGS | [NCLH](https://holderbook.com/stocks/NCLH/) | $2.1M | 0 | 1.3% | 1 |
| MYR GROUP INC | [MYRG](https://holderbook.com/stocks/MYRG/) | $2.0M | 20,000 | 1.3% | 1 |
| DOVER CORP | [DOV](https://holderbook.com/stocks/DOV/) | $1.9M | 10,000 | 1.2% | 1 |
| CARNIVAL CORP | [CCL](https://holderbook.com/stocks/CCL/) | $1.7M | 90,000 | 1.0% | 4 |
| ALPHA METALLURGICAL RESOUR I | [AMR](https://holderbook.com/stocks/AMR/) | $1.7M | 7,000 | 1.0% | 2 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $1.6M | 6,000 | 1.0% | 1 |
| SPX TECHNOLOGIES INC | [SPXC](https://holderbook.com/stocks/SPXC/) | $1.6M | 10,000 | 1.0% | 1 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $1.5M | 30,000 | 1.0% | 4 |
| METTLER TOLEDO INTERNATIONAL | [MTD](https://holderbook.com/stocks/MTD/) | $1.5M | 1,000 | 0.9% | 1 |
| BARCLAYS BANK PLC | [VXX](https://holderbook.com/stocks/VXX/) | $1.5M | 30,000 | 0.9% | 1 |
| AXALTA COATING SYS LTD | [AXTA](https://holderbook.com/stocks/AXTA/) | $1.5M | 40,525 | 0.9% | 20 |
| HUNTSMAN CORP | [HUN](https://holderbook.com/stocks/HUN/) | $1.5M | 60,000 | 0.9% | 3 |
| CHEMOURS CO | [CC](https://holderbook.com/stocks/CC/) | $1.4M | 70,000 | 0.9% | 7 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $1.4M | 5,000 | 0.9% | 1 |
| CELANESE CORP DEL | [CE](https://holderbook.com/stocks/CE/) | $1.4M | 10,000 | 0.9% | 1 |
| ATI INC | [ATI](https://holderbook.com/stocks/ATI/) | $1.3M | 20,000 | 0.8% | 1 |
| FRONTIER GROUP HLDGS INC | [ULCC](https://holderbook.com/stocks/ULCC/) | $1.3M | 249,436 | 0.8% | 6 |
| GATES INDL CORP PLC | [GTES](https://holderbook.com/stocks/GTES/) | $1.3M | 75,000 | 0.8% | 1 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $1.3M | 5,000 | 0.8% | 1 |
| CLEVELAND-CLIFFS INC NEW | [CLF](https://holderbook.com/stocks/CLF/) | $1.3M | 100,000 | 0.8% | 1 |
| H & E EQUIPMENT SERVICES INC | [HEES](https://holderbook.com/stocks/HEES/) | $1.2M | 25,000 | 0.8% | 1 |
| OLIN CORP | [OLN](https://holderbook.com/stocks/OLN/) | $1.2M | 25,000 | 0.8% | 1 |
| INGEVITY CORP | [NGVT](https://holderbook.com/stocks/NGVT/) | $1.2M | 30,000 | 0.7% | 1 |
| LESLIES INC | [LESL](https://holderbook.com/stocks/LESL/) | $1.1M | 362,600 | 0.7% | 5 |
| AIR LEASE CORP | [AL](https://holderbook.com/stocks/AL/) | $1.1M | 25,000 | 0.7% | 1 |
| MODINE MFG CO | [MOD](https://holderbook.com/stocks/MOD/) | $1.1M | 8,500 | 0.7% | 1 |
| FLOWSERVE CORP | [FLS](https://holderbook.com/stocks/FLS/) | $1.0M | 20,264 | 0.7% | 6 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $1.0M | 20,000 | 0.7% | 2 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $1.0M | 5,000 | 0.7% | 1 |
| ENTEGRIS INC | [ENTG](https://holderbook.com/stocks/ENTG/) | $1.0M | 9,000 | 0.6% | 2 |
| VULCAN MATLS CO | [VMC](https://holderbook.com/stocks/VMC/) | $1.0M | 4,000 | 0.6% | 1 |
| AGCO CORP | [AGCO](https://holderbook.com/stocks/AGCO/) | $978.6K | 10,000 | 0.6% | 1 |
| GOODYEAR TIRE & RUBR CO | [GT](https://holderbook.com/stocks/GT/) | $973.5K | 110,000 | 0.6% | 8 |
| CARNIVAL CORP | [CCL](https://holderbook.com/stocks/CCL/) | $924.0K | 0 | 0.6% | 1 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $916.0K | 25,000 | 0.6% | 1 |
| GMS INC | [GMS](https://holderbook.com/stocks/GMS/) | $905.7K | 10,000 | 0.6% | 1 |
| DUPONT DE NEMOURS INC | [DD](https://holderbook.com/stocks/DD/) | $891.1K | 10,000 | 0.6% | 3 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $804.9K | 10,000 | 0.5% | 3 |
| ARCADIUM LITHIUM PLC | [ALTM](https://holderbook.com/stocks/ALTM/) | $803.7K | 281,987 | 0.5% | 3 |
| ADVANCED DRAIN SYS INC DEL | [WMS](https://holderbook.com/stocks/WMS/) | $785.8K | 5,000 | 0.5% | 2 |
| ITT INC | [ITT](https://holderbook.com/stocks/ITT/) | $747.5K | 5,000 | 0.5% | 2 |
| DONALDSON INC | [DCI](https://holderbook.com/stocks/DCI/) | $737.0K | 10,000 | 0.5% | 1 |
| BEACON ROOFING SUPPLY INC | [BECN](https://holderbook.com/stocks/BECN/) | $691.4K | 8,000 | 0.4% | 2 |
| ARCH RESOURCES INC | [ARCH](https://holderbook.com/stocks/ARCH/) | $690.8K | 5,000 | 0.4% | 1 |
| COMPASS MINERALS INTL INC | [CMP](https://holderbook.com/stocks/CMP/) | $677.3K | 56,346 | 0.4% | 8 |
| STEEL DYNAMICS INC | [STLD](https://holderbook.com/stocks/STLD/) | $667.0K | 5,290 | 0.4% | 1 |
| BARNES GROUP INC | [B](https://holderbook.com/stocks/B/) | $606.1K | 15,000 | 0.4% | 1 |
| MOSAIC CO | [MOS](https://holderbook.com/stocks/MOS/) | $606.1K | 22,633 | 0.4% | 1 |
| VALE S A | [VALE](https://holderbook.com/stocks/VALE/) | $584.0K | 50,000 | 0.4% | 3 |
| VANECK ETF TRUST | [OIH](https://holderbook.com/stocks/OIH/) | $567.4K | 2,000 | 0.4% | 3 |
| ENPHASE ENERGY INC | [ENPH](https://holderbook.com/stocks/ENPH/) | $565.1K | 5,000 | 0.4% | 2 |
| UNITED STATES STL CORP NEW | [X](https://holderbook.com/stocks/X/) | $530.0K | 15,000 | 0.3% | 3 |
| WEST FRASER TIMBER CO LTD | [WFG](https://holderbook.com/stocks/WFG/) | $487.1K | 5,000 | 0.3% | 6 |
| LGI HOMES INC | [LGIH](https://holderbook.com/stocks/LGIH/) | $474.1K | 4,000 | 0.3% | 1 |
| ALBEMARLE CORP | [ALB](https://holderbook.com/stocks/ALB/) | $473.6K | 5,000 | 0.3% | 3 |
| QXO INC | [QXO](https://holderbook.com/stocks/QXO/) | $473.1K | 30,000 | 0.3% | 1 |
| AZEK CO INC | [AZEK](https://holderbook.com/stocks/AZEK/) | $468.0K | 10,000 | 0.3% | 2 |
| NUSCALE PWR CORP | [SMR](https://holderbook.com/stocks/SMR/) | $463.2K | 40,000 | 0.3% | 2 |
| SAIA INC | [SAIA](https://holderbook.com/stocks/SAIA/) | $437.3K | 1,000 | 0.3% | 1 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $419.5K | 10,000 | 0.3% | 2 |
| CENTURY ALUM CO | [CENX](https://holderbook.com/stocks/CENX/) | $405.8K | 25,000 | 0.3% | 1 |
| NUTRIEN LTD | [NTR](https://holderbook.com/stocks/NTR/) | $384.5K | 8,000 | 0.2% | 5 |
| TERAWULF INC | [WULF](https://holderbook.com/stocks/WULF/) | $374.4K | 80,000 | 0.2% | 1 |
| PURECYCLE TECHNOLOGIES INC | [PCT](https://holderbook.com/stocks/PCT/) | $332.5K | 35,000 | 0.2% | 4 |
| SEALED AIR CORP NEW | [SEE](https://holderbook.com/stocks/SEE/) | $290.4K | 8,000 | 0.2% | 3 |
| SHOALS TECHNOLOGIES GROUP IN | [SHLS](https://holderbook.com/stocks/SHLS/) | $280.5K | 50,000 | 0.2% | 2 |
| SONOCO PRODS CO | [SON](https://holderbook.com/stocks/SON/) | $273.1K | 5,000 | 0.2% | 1 |
| SIGMA LITHIUM CORPORATION | [SGML](https://holderbook.com/stocks/SGML/) | $247.2K | 20,000 | 0.2% | 5 |
| APPLIED DIGITAL CORP | [APLD](https://holderbook.com/stocks/APLD/) | $235.6K | 28,559 | 0.1% | 1 |
| SUNNOVA ENERGY INTL INC. COM | [NOVAQ](https://holderbook.com/stocks/NOVAQ/) | $194.8K | 20,000 | 0.1% | 1 |
| KRONOS WORLDWIDE INC | [KRO](https://holderbook.com/stocks/KRO/) | $124.5K | 10,000 | 0.1% | 1 |
| TRANSOCEAN LTD | [RIG](https://holderbook.com/stocks/RIG/) | $106.2K | 25,000 | 0.1% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2024 | +6.0% | +5.4% | +0.6% | 98% |
| Q2 2024 | -6.3% | +4.0% | -10.3% | 100% |
| Q1 2024 | +4.7% | +10.0% | -5.3% | 100% |
| Q4 2023 | +14.9% | +11.2% | +3.7% | 100% |
| Q3 2023 | -13.5% | -3.6% | -9.9% | 95% |
| Q2 2023 | +9.6% | +8.3% | +1.3% | 100% |
| Q1 2023 | +6.1% | +7.0% | -0.9% | 99% |
| Q4 2022 | +12.7% | +7.1% | +5.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2024 | $158.7M | 98 |
| Q2 2024 | $141.5M | 89 |
| Q1 2024 | $137.2M | 72 |
| Q4 2023 | $167.9M | 78 |
| Q3 2023 | $111.3M | 70 |
| Q2 2023 | $128.5M | 69 |
| Q1 2023 | $72.2M | 59 |
| Q4 2022 | $34.3M | 45 |
| Q3 2022 | $19.4M | 31 |
| Q2 2022 | $4.2B | 29 |
| Q1 2022 | $187.8M | 102 |
| Q4 2021 | $132.0M | 75 |