Q1 2026 13F · SEC CIK 1803088
Walnut Level Capital LLC
Hedge fundFiled 2026-05-15 for Q1 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $87.6M
- Reported positions
- 35
- Top holdings a year, 3 yrs
- -1.3%
- Assets under management
- $119.2M
Walnut Level Capital LLC is a hedge fund that reported 35 positions worth $87.6M in its Q1 2026 13F, filed 2026-05-15. Its largest holdings were Darling Ingredients Inc (DAR, 16.6%), Methanex Corp (MEOH, 11.8%), Bunge Global SA (BG, 10.8%). A portfolio copying its top holdings returned -1.3% a year over the last 3 years, against 16.5% for the S&P 500.
Walnut Level Capital LLC holdings all 35 positions.
Weights are shares of the filer's total reported 13F value, compared with Q4 2025. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
What Walnut Level Capital LLC bought and sold in Q1 2026, against Q4 2025.
New positions
- ASIX Advansix Inc2.8% of 13F
- GPRE Green Plains Inc1.7% of 13F
- TITN Titan Machy Inc1.2% of 13F
- SHW Sherwin Williams Co0.9% of 13F
- RYAM Rayonier Advanced Matls Inc0.8% of 13F
- DOW Dow Hldgs Inc0.5% of 13F
- MOS Mosaic Co0.3% of 13F
Added to
- CE Celanese Corp Del+833.3% shares
- APD Air Products and Chemicals I+58.9% shares
Reduced
- AVO Mission Produce Inc-98.0% shares
- SFD Smithfield Foods Inc-86.6% shares
- ANDE Andersons Inc-79.9% shares
- MEOH Methanex Corp-56.8% shares
- BG Bunge Global SA-53.9% shares
- PPG Ppg Inds Inc-50.3% shares
- OLN Olin Corp-48.7% shares
- DAR Darling Ingredients Inc-44.6% shares
Sold out
- AVNT Avient Corporationwas 5.3%
- FUL Fuller H B Cowas 2.7%
- JBS Jbs N.v.was 1.7%
- SW Smurfit Westrock PLC Fwas 1.3%
Share counts compared with the Q4 2025 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +26.4% /yr
- S&P 500 +11.7%
- 3 years
- -1.3% /yr
- S&P 500 +16.5%
- 5 years
- —
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q1 2026 | $87.6M | 35 |
| Q4 2025 | $125.3M | 32 |
| Q3 2025 | $141.1M | 31 |
| Q2 2025 | $124.9M | 34 |
| Q1 2025 | $125.2M | 33 |
| Q4 2024 | $182.3M | 36 |
| Q3 2024 | $166.1M | 27 |
| Q2 2024 | $147.4M | 34 |
| Q1 2024 | $119.0M | 27 |
| Q4 2023 | $111.7M | 27 |
Questions about Walnut Level Capital LLC's portfolio
What stocks does Walnut Level Capital LLC own?
Walnut Level Capital LLC's latest 13F, for Q1 2026 and filed May 15, 2026, lists 35 positions worth $87.6M. The largest are Darling Ingredients Inc (DAR) at 16.6%, Methanex Corp (MEOH) at 11.8%, Bunge Global SA (BG) at 10.8%, Andersons Inc (ANDE) at 5.7% and Celanese Corp Del (CE) at 5.3%.
What did Walnut Level Capital LLC buy last quarter?
In Q1 2026, Walnut Level Capital LLC added a new position in Advansix Inc (ASIX), a new position in Green Plains Inc (GPRE), a new position in Titan Machy Inc (TITN), a new position in Sherwin Williams Co (SHW), a new position in Rayonier Advanced Matls Inc (RYAM), Celanese Corp Del (CE) (+833.3% shares) and Air Products and Chemicals I (APD) (+58.9% shares), compared with its Q4 2025 filing.
What did Walnut Level Capital LLC sell last quarter?
In Q1 2026, Walnut Level Capital LLC sold all of Avient Corporation (AVNT), sold all of Fuller H B Co (FUL), sold all of Jbs N.v. (JBS), sold all of Smurfit Westrock PLC F (SW), Mission Produce Inc (AVO) (-98.0% shares), Smithfield Foods Inc (SFD) (-86.6% shares) and Andersons Inc (ANDE) (-79.9% shares), compared with its Q4 2025 filing.
How has Walnut Level Capital LLC's portfolio performed?
A portfolio copying Walnut Level Capital LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned -1.3% a year over the last 3 years, against +16.5% for the S&P 500. Over 1 year: +26.4% against +11.7%.
When is Walnut Level Capital LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. Walnut Level Capital LLC's filing for the quarter ending Jun 30, 2026 was due by Aug 14, 2026; this page updates once it is processed.
How much money does Walnut Level Capital LLC manage?
Walnut Level Capital LLC reported $119.2M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $87.6M.