Walnut Level Capital LLC — 13F Holdings & Portfolio
CIK 1803088 · latest 13F-HR filed 2026-05-15
Walnut Level Capital LLC manages $117.8M in 13F-reported U.S. long-equity assets across 39 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are DAR (19.69%), DAR (12.32%), MEOH (8.78%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 7 new positions, exited 4, added to 12, and trimmed 9.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$117.8M
Long-equity book
39
Distinct positions
2026-03-31
Filed 2026-05-15
+7 / −4 / ↑12 / ↓9
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- CELANESE CORP DEL$4.3M +1351.9%
- AIR PRODUCTS AND CHEMICALS I$1.8M +86.8%
- ADECOAGRO S A$1.4M +89.4%
- TRONOX HOLDINGS PLC$1.0M +134.3%
- REX AMERICAN RES CORP$943.0K +41.0%
Top Trims
- ANDERSONS INC-$13.5M -72.9%
- MISSION PRODUCE INC-$8.9M -97.6%
- SMITHFIELD FOODS INC-$7.1M -83.3%
- METHANEX CORP-$5.6M -35.3%
- BUNGE GLOBAL SA-$4.9M -34.2%
New Positions
- ADVANSIX INC$2.4M
- GREEN PLAINS INC$1.5M
- TITAN MACHY INC$1.1M
- SHERWIN WILLIAMS CO$784.4K
- RAYONIER ADVANCED MATLS INC$670.0K
Exited Positions
- AVIENT CORPORATION$6.7M
- FULLER H B CO$3.4M
- JBS N.V.$2.2M
- SMURFIT WESTROCK PLC$1.6M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | DARLING INGREDIENTS INC Put | DAR | 237266101 | $23.2M | 19.69% | 375,000 | SH |
| 2 | DARLING INGREDIENTS INC | DAR | 237266101 | $14.5M | 12.32% | 234,533 | SH |
| 3 | METHANEX CORP | MEOH | 59151K108 | $10.3M | 8.78% | 173,725 | SH |
| 4 | BUNGE GLOBAL SA | BG | H11356104 | $9.4M | 8.00% | 74,045 | SH |
| 5 | ANDERSONS INC | ANDE | 034164103 | $5.0M | 4.26% | 69,968 | SH |
| 6 | CELANESE CORP DEL | CE | 150870103 | $4.6M | 3.91% | 70,000 | SH |
| 7 | AIR PRODUCTS AND CHEMICALS I | APD | 009158106 | $3.9M | 3.33% | 13,495 | SH |
| 8 | CORTEVA INC | CTVA | 22052L104 | $3.3M | 2.84% | 40,000 | SH |
| 9 | REX AMERICAN RES CORP | REX | 761624105 | $3.2M | 2.75% | 71,172 | SH |
| 10 | BUNGE GLOBAL SA Put | BG | H11356104 | $3.2M | 2.70% | 25,000 | SH |
| 11 | ADECOAGRO S A | AGRO | L00849106 | $3.0M | 2.53% | 198,317 | SH |
| 12 | PILGRIMS PRIDE CORP | PPC | 72147K108 | $2.5M | 2.08% | 65,000 | SH |
| 13 | ADVANSIX INC | ASIX | 00773T101 | $2.4M | 2.07% | 100,000 | SH |
| 14 | EASTMAN CHEM CO | EMN | 277432100 | $2.3M | 1.94% | 30,000 | SH |
| 15 | ANDERSONS INC Put | ANDE | 034164103 | $2.2M | 1.83% | 30,000 | SH |
| 16 | SUNOPTA INC | STKL | 8676EP108 | $2.1M | 1.79% | 325,000 | SH |
| 17 | ECOLAB INC | ECL | 278865100 | $2.0M | 1.70% | 7,523 | SH |
| 18 | MP MATERIALS CORP | MP | 553368101 | $1.9M | 1.64% | 40,000 | SH |
| 19 | TRONOX HOLDINGS PLC | TROX | G9087Q102 | $1.8M | 1.49% | 180,000 | SH |
| 20 | GREEN PLAINS INC Call | GPRE | 393222104 | $1.6M | 1.40% | 100,000 | SH |
| 21 | GREEN PLAINS INC | GPRE | 393222104 | $1.5M | 1.25% | 89,731 | SH |
| 22 | SMITHFIELD FOODS INC | SFD | 832248207 | $1.4M | 1.21% | 50,915 | SH |
| 23 | DUPONT DE NEMOURS INC | DD | 26614N102 | $1.4M | 1.17% | 30,000 | SH |
| 24 | CF INDUSTRIES HOLD | CF | 125269100 | $1.3M | 1.10% | 10,000 | SH |
| 25 | OLIN CORP | OLN | 680665205 | $1.2M | 1.01% | 40,000 | SH |
| 26 | WESTLAKE CORPORATION | WLK | 960413102 | $1.2M | 0.99% | 10,000 | SH |
| 27 | HUNTSMAN CORP | HUN | 447011107 | $1.1M | 0.96% | 85,000 | SH |
| 28 | TITAN MACHY INC | TITN | 88830R101 | $1.1M | 0.92% | 64,674 | SH |
| 29 | PPG INDS INC | PPG | 693506107 | $802.0K | 0.68% | 7,504 | SH |
| 30 | SHERWIN WILLIAMS CO | SHW | 824348106 | $784.4K | 0.67% | 2,447 | SH |
| 31 | RAYONIER ADVANCED MATLS INC | RYAM | 75508B104 | $670.0K | 0.57% | 60,526 | SH |
| 32 | INGREDION INC | INGR | 457187102 | $563.3K | 0.48% | 5,000 | SH |
| 33 | AXALTA COATING SYS LTD | AXTA | G0750C108 | $484.8K | 0.41% | 17,500 | SH |
| 34 | INTERNATIONAL FLAVORS&FRAGRA | IFF | 459506101 | $479.8K | 0.41% | 6,614 | SH |
| 35 | DOW HLDGS INC | DOW | 260557103 | $416.5K | 0.35% | 10,000 | SH |
| 36 | ELEMENT SOLUTIONS INC | ESI | 28618M106 | $341.4K | 0.29% | 10,000 | SH |
| 37 | MOSAIC CO | MOS | 61945C103 | $255.0K | 0.22% | 10,000 | SH |
| 38 | MISSION PRODUCE INC | AVO | 60510V108 | $219.3K | 0.19% | 15,934 | SH |
| 39 | CNH INDL N V | CNH | N20944109 | $80.0K | 0.07% | 80,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $117.8M | 39 | 0001803088-26-000003 |
| 2025-12-31 | 2026-02-17 | $146.7M | 37 | 0001803088-26-000002 |
| 2025-09-30 | 2025-11-14 | $167.2M | 37 | 0001803088-25-000010 |