Fund HoldingsWalnut Level Capital LLC

Total Portfolio Value
$87.60M
Total Bought
$35.50M
Total Sold
$70.80M
Net Transaction
-$35.31M
Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
DARLING INGREDIENTS INC(DAR)(Put)131,300375,000+243,7004,72723,194+18,467
CELANESE CORP DEL(CE)7,50070,000+62,5003174,6045.26%+4,287
ADVANSIX INC0100,000+100,00002,4402.79%+2,440
ANDERSONS INC(Put)030,000+30,00002,153+2,153
AIR PRODUCTS AND CHEMICALS I8,49513,495+5,0002,0983,9204.47%+1,822
GREEN PLAINS INC(GPRE)(Call)0100,000+100,00001,645+1,645
GREEN PLAINS INC(GPRE)089,731+89,73101,4761.68%+1,476
ADECOAGRO S A
COM
198,317198,31701,5732,9793.40%+1,406
TITAN MACHY INC064,674+64,67401,0811.23%+1,081
TRONOX HOLDINGS PLC(TROX)180,000180,00007511,7592.01%+1,008
REX AMERICAN RES CORP(REX)71,17271,17202,3003,2433.70%+943
SUNOPTA INC
COM
325,000325,00001,2352,1062.40%+871
SHERWIN WILLIAMS CO(SHW)02,447+2,44707840.90%+784
RAYONIER ADVANCED MATLS INC060,526+60,52606700.76%+670
CORTEVA INC(CTVA)40,00040,00002,6813,3483.82%+667
CF INDUSTRIES HOLD(CF)10,00010,00007731,2981.48%+525
DOW HLDGS INC(DOW)010,000+10,00004170.48%+417
WESTLAKE CORPORATION(WLK)11,40410,000-1,4048431,1681.33%+325
HUNTSMAN CORP(HUN)85,00085,00008501,1311.29%+281
MOSAIC CO(MOS)010,000+10,00002550.29%+255
DUPONT DE NEMOURS INC(DD)30,00030,00001,2061,3741.57%+168
INTERNATIONAL FLAVORS&FRAGRA(IFF)6,6146,61404464800.55%+34
ECOLAB INC(ECL)7,5237,52301,9752,0012.28%+26
ELEMENT SOLUTIONS INC(ESI)13,03610,000-3,0363263410.39%+16
INGREDION INC(INGR)5,0005,00005515630.64%+12
CNH INDL N V
SHS
80,00080,000080800.09%0
PILGRIMS PRIDE CORP(PPC)65,00065,00002,5342,4542.80%-80
AXALTA COATING SYS LTD(AXTA)17,50017,50005654850.55%-81
MP MATERIALS CORP(MP)40,00040,00002,0211,9302.20%-90
OLIN CORP(OLN)78,01240,000-38,0121,6251,1891.36%-436
ORION S.A.(Call)136,7000-136,7007220-722
DARLING INGREDIENTS INC(DAR)423,056234,533-188,52315,23014,50616.56%-724
PPG INDS INC(PPG)15,1077,504-7,6031,5488020.92%-746
EASTMAN CHEM CO(EMN)52,80730,000-22,8073,3712,2902.61%-1,081
SMURFIT WESTROCK PLC(SW)41,8130-41,8131,6170-1,617
JBS N.V.(JBS)152,0480-152,0482,1930-2,193
FULLER H B CO(FUL)57,5050-57,5053,4190-3,419
UNITED STS OIL FD LP(USO)(Put)50,0000-50,0003,4580-3,458
ANDERSONS INC(Call)67,0000-67,0003,5620-3,562
BUNGE GLOBAL SA(BG)160,66174,045-86,61614,3129,41910.75%-4,893
METHANEX CORP(MEOH)402,532173,725-228,80715,98910,34411.81%-5,645
BUNGE GLOBAL SA(BG)(Put)100,00025,000-75,0008,9083,180-5,728
AVIENT CORPORATION(AVNT)213,7490-213,7496,6780-6,678
SMITHFIELD FOODS INC(SFD)380,91550,915-330,0008,5061,4241.63%-7,082
MISSION PRODUCE INC(AVO)790,38115,934-774,4479,1682190.25%-8,949
ANDERSONS INC348,91369,968-278,94518,5525,0225.73%-13,529
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