SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Jade Capital Advisors, LLC

CIK 0001761663 · 139 DEVON ROAD, ESSEX FELLS, NJ, 07021 · 646.859.7251

Reported Value
$168M
Q4 2023
Positions
78
Filings on Record
20
2020–present window
Filed
Feb 12, 2024
original filing

Summary

Jade Capital Advisors, LLC reported $168M in U.S.-listed holdings across 78 positions for Q4 2023.

Its largest position, OEC, represents 5.4% of the portfolio.

Compared with Q3 2023, the fund opened 35 new positions and exited 27.

Portfolio Metrics

Turnover
+45.8%
vs prior filed quarter
Top-10 Concentration
+38.2%
share of reported value
Largest Position
+5.4%
Orion S A
New / Exited
35 / 27
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’19: $182MQ4 ’19Q1 ’20: $79MQ2 ’20: $102MQ3 ’20: $99MQ3 ’20Q4 ’20: $135MQ1 ’21: $251MQ2 ’21: $267MQ2 ’21Q3 ’21: $171MQ4 ’21: $132MQ1 ’22: $188MQ1 ’22Q2 ’22: $4.2BQ4 ’22: $34MQ1 ’23: $72MQ1 ’23Q2 ’23: $128MQ3 ’23: $111MQ4 ’23: $168MQ4 ’23Q1 ’24: $137MQ2 ’24: $141MQ3 ’24: $159MQ3 ’24filingsflow.com

Portfolio Composition

By security type
Common Stock: 94.6%Other: 5.4%
  • Common Stock · 94.6% · $159M
  • Other · 5.4% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UALUNITED AIRLS HLDGS INCNEW+173.2K173.2K+$7M$7M
NCLHNORWEGIAN CRUISE LINE HLDG LNEW+350.0K350.0K+$7M$7M
CMCCOMMERCIAL METALS CONEW+140.0K140.0K+$7M$7M
CCLCARNIVAL CORPNEW+350.0K350.0K+$6M$6M
MMM3M CONEW+40.0K40.0K+$4M$4M
RRXREGAL REXNORD CORPORATIONNEW+27.5K27.5K+$4M$4M
SAIASAIA INCNEW+8.5K8.5K+$4M$4M
MIDDMIDDLEBY CORPNEW+20.0K20.0K+$3M$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2023

76 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1OECORION S.A.history →COM5.42%$9M328.0K
2TRIUMPH GROUP INC NEWCOM4.54%$8M460.0K
3UALUNITED AIRLS HLDGS INChistory →COM4.26%$7M173.2K
4NCLHNORWEGIAN CRUISE LINE HLDG Lhistory →SHS4.18%$7M350.0K
5CMCCOMMERCIAL METALS COhistory →COM4.17%$7M140.0K
6CCLCARNIVAL CORPhistory →UNIT 99/99/99993.87%$6M350.0K
7NSCNORFOLK SOUTHN CORPhistory →COM3.52%$6M25.0K
8AALAMERICAN AIRLS GROUP INChistory →COM2.95%$5M360.0K
9FLSFLOWSERVE CORPhistory →COM2.71%$5M110.3K
10MMM3M COhistory →COM2.61%$4M40.0K
11RRXREGAL REXNORD CORPORATIONhistory →COM2.43%$4M27.5K
12SWKSTANLEY BLACK & DECKER INChistory →COM2.34%$4M40.0K
13GNRCGENERAC HLDGS INChistory →COM2.31%$4M30.0K
14SAIASAIA INChistory →COM2.22%$4M8.5K
15HRIHERC HLDGS INChistory →COM1.95%$3M22.0K
16BARCLAYS BANK PLCIPTH SR B S&P1.83%$3M198.3K
17MIDDMIDDLEBY CORPhistory →COM1.75%$3M20.0K
18ULCCFRONTIER GROUP HLDGS INChistory →COM1.63%$3M500.0K
19OXYOCCIDENTAL PETE CORPhistory →COM1.60%$3M45.0K
20SNDRSCHNEIDER NATIONAL INChistory →CL B1.59%$3M105.0K
21LESLIES INCCOM1.51%$3M367.6K
22TECKTECK RESOURCES LTDhistory →CL B1.51%$3M60.0K
23PACTIV EVERGREEN INCCOM1.47%$2M180.0K
24ETNEATON CORP PLChistory →SHS1.43%$2M10.0K
25SPIRIT AEROSYSTEMS HLDGS INCCOM CL A1.42%$2M75.0K
26GTESGATES INDL CORP PLChistory →ORD SHS1.40%$2M175.0K
27ROKROCKWELL AUTOMATION INChistory →COM1.39%$2M7.5K
28WERNWERNER ENTERPRISES INChistory →COM1.26%$2M50.0K
29WWDWOODWARD INChistory →COM1.22%$2M15.0K
30TKRTIMKEN COhistory →COM1.19%$2M25.0K
31NTRNUTRIEN LTDhistory →COM1.17%$2M35.0K
32ALKALASKA AIR GROUP INChistory →COM1.16%$2M50.0K
33MOSMOSAIC CO NEWhistory →COM1.06%$2M50.0K
34JCIJOHNSON CTLS INTL PLChistory →SHS1.03%$2M30.0K
35CTVACORTEVA INCCOM1.00%$2M35.0K
36LIVENT CORPCOM0.96%$2M90.0K
37JBLUJETBLUE AWYS CORPCOM0.94%$2M285.0K
38CCCHEMOURS COCOM0.94%$2M50.0K
39AXTAAXALTA COATING SYS LTDCOM0.92%$2M45.5K
40GTGOODYEAR TIRE & RUBR COCOM0.85%$1M100.0K
41EMNEASTMAN CHEM COCOM0.80%$1M15.0K
42WFGWEST FRASER TIMBER CO LTDCOM0.77%$1M15.0K
43FCXFREEPORT-MCMORAN INCCL B0.76%$1M30.0K
44CLFCLEVELAND-CLIFFS INC NEWCOM0.75%$1M61.4K
45CGNXCOGNEX CORPCOM0.75%$1M30.0K
46ALGTALLEGIANT TRAVEL COCOM0.74%$1M15.0K
47VLTOVERALTO CORPCOM SHS0.74%$1M15.0K
48AAPADVANCE AUTO PARTS INCCOM0.73%$1M20.0K
49KNXKNIGHT-SWIFT TRANSN HLDGS INCL A0.69%$1M20.0K
50SPIRIT AIRLS INCCOM0.68%$1M70.0K
51IEXIDEX CORPCOM0.65%$1M5.0K
52TROXTRONOX HOLDINGS PLCSHS0.63%$1M75.0K
53ATIATI INCCOM0.63%$1M23.1K
54NOVNOV INCCOM0.60%$1M50.0K
55POOLPOOL CORPCOM0.59%$996,7752.5K
56VRTVERTIV HOLDINGS COCOM CL A0.57%$960,60020.0K
57CMPCOMPASS MINERALS INTL INCCOM0.47%$793,68131.3K
58FMCFMC CORPCOM NEW0.45%$756,60012.0K
59PPGPPG INDS INCCOM0.45%$747,7505.0K
60IPINTERNATIONAL PAPER COCOM0.43%$723,00020.0K
61HAYWHAYWARD HLDGS INCCOM0.41%$680,00050.0K
62BABOEING COCOM0.39%$651,6502.5K
63SGMLSIGMA LITHIUM CORPORATIONCOM0.38%$630,60020.0K
64RIGTRANSOCEAN LTDREG SHS0.35%$589,28092.8K
65TEXTEREX CORP NEWCOM0.34%$574,60010.0K
66HANHAWAIIAN HOLDINGS INCCOM0.34%$568,00040.0K
67MPMP MATERIALS CORPCOM CL A0.24%$397,00020.0K
68HXLHEXCEL CORP NEWCOM0.22%$368,7505.0K
69CNHCNH INDL N VSHS0.18%$304,50025.0K
70PLLPIEDMONT LITHIUM INCCOM0.17%$282,30010.0K
71SOUTHWESTERN ENERGY COCOM0.16%$262,00040.0K
72PCTPURECYCLE TECHNOLOGIES INCCOM0.08%$141,75035.0K
73FISKER INCCL A COM STK0.05%$87,50050.0K
74SLISTANDARD LITHIUM LTDCOM0.03%$50,50025.0K
75LUCID GROUP INCCOM0.03%$42,10010.0K
76FCELFUELCELL ENERGY INCCOM0.01%$16,00010.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2024$159M98Oct 21, 202413F-HRchanges · EDGAR ↗
Q2 2024$141M90Aug 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$137M72May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$168M78Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$111M70Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$128M69Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$72M59May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$34M45Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022Under review31Nov 15, 202213F-HRchanges · EDGAR ↗
Q2 2022$4.2B30Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$188M107May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$132M78Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$171M80Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$267M74Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$251M77May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$135M66Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$99M61Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$102M63Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$79M70May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$182M79Feb 14, 202013F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.