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Jade Capital Advisors, LLC

SEC CIK
0001761663
Latest filing
Oct 21, 2024

The latest 13F from Jade Capital Advisors, LLC covers Q3 2024 (filed Oct 21, 2024): 95 long positions worth $153.4M. The top 10 holdings make up 31.8% of the portfolio, and the largest is Alaska Air Group, Inc. (ALK) at 5.2%. Livermore has 15 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q3 2024

Share counts compared with Q2 2024: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
43
Est. +$59.7M
Added
28
Est. +$30.9M
Reduced
12
Est. −$27.6M
Sold out
38
Est. −$57.8M

Top 5 holdings

Share of this quarter's portfolio value

  1. ALKAlaska Air Group, Inc.
    5.2%$7.91MHistory
  2. SPRSpirit AeroSystems Holdings, Inc.
    3.4%$5.28MHistory
  3. WGOWinnebago Industries Inc
    3.2%$4.94MHistory
  4. BABoeing Co
    3.1%$4.71MHistory
  5. JCIJohnson Controls International plc
    3.0%$4.66MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. ALKAlaska Air Group, Inc.
    +$6.10MAddedHistory
  2. WGOWinnebago Industries Inc
    +$4.94MNewHistory
  3. BABoeing Co
    +$4.71MNewHistory
  4. THOThor Industries Inc
    +$4.12MNewHistory
  5. AALAmerican Airlines Group Inc.
    +$3.43MAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. ALKAlaska Air Group, Inc.
    +4.01 pp1.1% → 5.2%History
  2. WGOWinnebago Industries Inc
    +3.22 pp0.0% → 3.2%History
  3. BABoeing Co
    +3.07 pp0.0% → 3.1%History
  4. THOThor Industries Inc
    +2.69 pp0.0% → 2.7%History
  5. AALAmerican Airlines Group Inc.
    +2.18 pp0.6% → 2.8%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. CARRCarrier Global Corp
    −$7.24MReducedHistory
  2. UNPUnion Pacific Corp
    −$5.66MSold outHistory
  3. NSCNorfolk Southern Corp
    −$4.83MSold outHistory
  4. IPInternational Paper Co
    −$4.40MReducedHistory
  5. WSOWatsco Inc
    −$3.94MSold outHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. UNPUnion Pacific Corp
    −4.00 pp4.0% → 0.0%History
  2. CARRCarrier Global Corp
    −3.93 pp4.5% → 0.5%History
  3. NSCNorfolk Southern Corp
    −3.41 pp3.4% → 0.0%History
  4. WSOWatsco Inc
    −2.78 pp2.8% → 0.0%History
  5. NVTnVent Electric plc
    −2.71 pp2.7% → 0.0%History

Metrics

13F metrics for Q3 2024, computed only from the numbers in the filings. Definitions below.

Portfolio value
$153.4M
+$12.0M (+8.5%) vs. prior quarter
Positions
95
+5 vs. prior quarter
Top 10 concentration
31.8%
Top 10 as share of value
Turnover
57.9%
Q3 2024, one quarter
Average holding period
3.4 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

15 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $247.4M (Q1 2021)

Q1 2021: $247.4MQ2 2021: $240.9MQ3 2021: $162.8MQ4 2021: $132.0MQ1 2022: $148.8MQ2 2022: $14.7MQ3 2022: $17.0MQ4 2022: $34.3MQ1 2023: $70.1MQ2 2023: $128.5MQ3 2023: $102.7MQ4 2023: $164.4MQ1 2024: $132.7MQ2 2024: $141.5MQ3 2024: $153.4M
Q1 2021Q3 2024
13F filings of Jade Capital Advisors, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2024Oct 21, 202495$153.4MALKSPRWGOvs. Q2 2024SEC
Q2 2024Aug 9, 202490$141.5MCARRIPHUBBvs. Q1 2024SEC
Q1 2024May 10, 202469$132.7MOECAIRGEvs. Q4 2023SEC
Q4 2023Feb 12, 202476$164.4MOECTGIUALvs. Q3 2023SEC
Q3 2023Nov 14, 202366$102.7MUNPBAHONvs. Q2 2023SEC
Q2 2023Aug 10, 202369$128.5MAALLTHMBAvs. Q1 2023SEC
Q1 2023May 12, 202358$70.1MPPGHONCBTvs. Q4 2022SEC
Q4 2022Feb 13, 202345$34.3MPTVEUALLEAvs. Q3 2022SEC
Q3 2022Nov 15, 202229$17.0MVanEck ETF TrustVMCDALvs. Q2 2022SEC
Q2 2022Aug 12, 202226$14.7MOECDALVenator Matls PLCvs. Q1 2022SEC
Q1 2022May 16, 202296$148.8MOECGTLSBAvs. Q4 2021SEC
Q4 2021Feb 14, 202275$132.0MGEOLNCCLvs. Q3 2021SEC
Q3 2021Nov 15, 202177$162.8MUALJBLUWLKvs. Q2 2021SEC
Q2 2021Aug 13, 202173$240.9MGEUALBAvs. Q1 2021SEC
Q1 2021May 17, 202176$247.4MRTXTDGCC–SEC