Walnut Level Capital LLC Hedge Fund

Location: Denver, CO

CIK: 0001803088 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value: $185M (100.0% shares, 0.0% debt)

Holdings (41)

MEOH METHANEX CORP 8.1%

Value $14.89M Shares 450,000 Est. Cost $44.96 Unrealized -28.3%

BG BUNGE GLOBAL SA 7.4%

Value $13.67M Shares 170,218 Est. Cost $78.73 Unrealized -2.1%

AVO MISSION PRODUCE INC 6.7%

Value $12.38M Shares 1,056,373 Est. Cost $11.69 Unrealized -7.3%

BG BUNGE GLOBAL SA 6.5%

Value $12.04M Shares 150,000 Est. Cost $78.73 Unrealized -2.1%

DAR DARLING INGREDIENTS INC 6.2%

Value $11.38M Shares 300,000 Est. Cost $35.77 Unrealized -8.0%

ADM ARCHER DANIELS MIDLAND CO 5.6%

Value $10.38M Shares 196,708 Est. Cost $47.57 Unrealized 0.0%

MEOH METHANEX CORP 5.2%

Value $9.667M Shares 292,066 Est. Cost $44.96 Unrealized -28.3%

OEC ORION S.A. 5.1%

Value $9.441M Shares 900,000 Est. Cost $18.99 Unrealized -40.5%

OEC ORION S.A. 4.7%

Value $8.694M Shares 828,829 Est. Cost $18.99 Unrealized -40.5%

DAR DARLING INGREDIENTS INC 4.0%

Value $7.332M Shares 193,255 Est. Cost $35.77 Unrealized -8.0%

PPG PPG INDS INC 3.9%

Value $7.138M Shares 62,754 Est. Cost $118.96 Unrealized -10.6%

ANDE ANDERSONS INC 3.8%

Value $6.989M Shares 190,168 Est. Cost $36.11 Unrealized 0.0%

EMN EASTMAN CHEM CO 3.7%

Value $6.799M Shares 91,061 Est. Cost $83.27 Unrealized -8.8%

AVNT AVIENT CORPORATION 3.1%

Value $5.79M Shares 179,201 Est. Cost $42.38 Unrealized -20.2%

ADM ARCHER DANIELS MIDLAND CO 2.9%

Value $5.278M Shares 100,000 Est. Cost $47.57 Unrealized 0.0%

CF CF INDS HLDGS INC 2.5%

Value $4.6M Shares 50,000 Est. Cost $84.24 Unrealized -0.3%

DD DUPONT DE NEMOURS INC 2.1%

Value $3.807M Shares 55,500 Est. Cost $31.41 Unrealized -13.0%

CTVA CORTEVA INC 1.6%

Value $2.981M Shares 40,000 Est. Cost $46.55 Unrealized +42.2%

PPC PILGRIMS PRIDE CORP 1.6%

Value $2.924M Shares 65,000 Est. Cost $28.73 Unrealized +70.8%

SFD SMITHFIELD FOODS INC 1.5%

Value $2.701M Shares 114,800 Est. Cost $20.64 Unrealized +4.1%

APD AIR PRODS & CHEMS INC 1.3%

Value $2.396M Shares 8,495 Est. Cost $253.30 Unrealized +5.9%

AVO MISSION PRODUCE INC 1.3%

Value $2.344M Shares 200,000 Est. Cost $11.69 Unrealized -7.3%

HRL HORMEL FOODS CORP 1.2%

Value $2.269M Shares 75,000 Est. Cost $29.46 Unrealized 0.0%

ECL ECOLAB INC 1.1%

Value $2.027M Shares 7,523 Est. Cost $245.53 Unrealized +2.8%

STKL SUNOPTA INC 1.0%

Value $1.885M Shares 325,000 Est. Cost $4.38 Unrealized +19.9%

AGRO ADECOAGRO S A 1.0%

Value $1.813M Shares 198,317 Est. Cost $10.16 Unrealized -4.8%

ESI ELEMENT SOLUTIONS INC 1.0%

Value $1.812M Shares 80,000 Est. Cost $20.78 Unrealized 0.0%

REX REX AMERICAN RES CORP 0.9%

Value $1.733M Shares 35,586 Est. Cost $21.70 Unrealized -2.8%

MP MP MATERIALS CORP 0.7%

Value $1.331M Shares 40,000 Est. Cost $16.09 Unrealized +58.6%

JBS JBS N.V. 0.6%

Value $1.096M Shares 75,000 Est. Cost $14.07 Unrealized 0.0%

FMC FMC CORP 0.6%

Value $1.044M Shares 25,000 Est. Cost $38.30 Unrealized 0.0%

CF CF INDS HLDGS INC 0.5%

Value $920K Shares 10,000 Est. Cost $84.24 Unrealized -0.3%

TROX TRONOX HOLDINGS PLC 0.5%

Value $913K Shares 180,000 Est. Cost $12.88 Unrealized -57.7%

HUN HUNTSMAN CORP 0.5%

Value $886K Shares 85,000 Est. Cost $22.18 Unrealized -45.1%

OLN OLIN CORP 0.4%

Value $804K Shares 40,000 Est. Cost $44.57 Unrealized -54.5%

INGR INGREDION INC 0.4%

Value $678K Shares 5,000 Est. Cost $140.75 Unrealized -4.1%

NTR NUTRIEN LTD 0.3%

Value $582K Shares 10,000 Est. Cost $50.14 Unrealized +11.7%

AXTA AXALTA COATING SYS LTD 0.3%

Value $520K Shares 17,500 Est. Cost $29.95 Unrealized +4.0%

IFF INTERNATIONAL FLAVORS&FRAGRA 0.3%

Value $486K Shares 6,614 Est. Cost $91.45 Unrealized -18.8%

CE CELANESE CORP DEL 0.2%

Value $415K Shares 7,500 Est. Cost $129.81 Unrealized -61.7%

CNH CNH INDL N V 0.0%

Value $80,000 Shares 80,000 Est. Cost $10.52 Unrealized +16.2%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MEOH	METHANEX CORP	450,000	$14.89M	8.1%	$44.96	-28.3%	Call	59151K108
BG	BUNGE GLOBAL SA	170,218	$13.67M	7.4%	$78.73	-2.1%	COM SHS	H11356104
AVO	MISSION PRODUCE INC	1,056,373	$12.38M	6.7%	$11.69	-7.3%	COM	60510V108
BG	BUNGE GLOBAL SA	150,000	$12.04M	6.5%	$78.73	-2.1%	Put	H11356104
DAR	DARLING INGREDIENTS INC	300,000	$11.38M	6.2%	$35.77	-8.0%	Put	237266101
ADM	ARCHER DANIELS MIDLAND CO	196,708	$10.38M	5.6%	$47.57	0.0%	COM	039483102
MEOH	METHANEX CORP	292,066	$9.667M	5.2%	$44.96	-28.3%	COM	59151K108
OEC	ORION S.A.	900,000	$9.441M	5.1%	$18.99	-40.5%	Call	L72967109
OEC	ORION S.A.	828,829	$8.694M	4.7%	$18.99	-40.5%	COM	L72967109
DAR	DARLING INGREDIENTS INC	193,255	$7.332M	4.0%	$35.77	-8.0%	COM	237266101
PPG	PPG INDS INC	62,754	$7.138M	3.9%	$118.96	-10.6%	COM	693506107
ANDE	ANDERSONS INC	190,168	$6.989M	3.8%	$36.11	0.0%	COM	034164103
EMN	EASTMAN CHEM CO	91,061	$6.799M	3.7%	$83.27	-8.8%	COM	277432100
AVNT	AVIENT CORPORATION	179,201	$5.79M	3.1%	$42.38	-20.2%	COM	05368V106
ADM	ARCHER DANIELS MIDLAND CO	100,000	$5.278M	2.9%	$47.57	0.0%	Put	039483102
CF	CF INDS HLDGS INC	50,000	$4.6M	2.5%	$84.24	-0.3%	Put	125269100
DD	DUPONT DE NEMOURS INC	55,500	$3.807M	2.1%	$31.41	-13.0%	COM	26614N102
CTVA	CORTEVA INC	40,000	$2.981M	1.6%	$46.55	+42.2%	COM	22052L104
PPC	PILGRIMS PRIDE CORP	65,000	$2.924M	1.6%	$28.73	+70.8%	COM	72147K108
SFD	SMITHFIELD FOODS INC	114,800	$2.701M	1.5%	$20.64	+4.1%	COM	832248207
APD	AIR PRODS & CHEMS INC	8,495	$2.396M	1.3%	$253.30	+5.9%	COM	009158106
AVO	MISSION PRODUCE INC	200,000	$2.344M	1.3%	$11.69	-7.3%	Call	60510V108
HRL	HORMEL FOODS CORP	75,000	$2.269M	1.2%	$29.46	0.0%	COM	440452100
ECL	ECOLAB INC	7,523	$2.027M	1.1%	$245.53	+2.8%	COM	278865100
STKL	SUNOPTA INC	325,000	$1.885M	1.0%	$4.38	+19.9%	COM	8676EP108
AGRO	ADECOAGRO S A	198,317	$1.813M	1.0%	$10.16	-4.8%	COM	L00849106
ESI	ELEMENT SOLUTIONS INC	80,000	$1.812M	1.0%	$20.78	0.0%	COM	28618M106
REX	REX AMERICAN RES CORP	35,586	$1.733M	0.9%	$21.70	-2.8%	COM	761624105
MP	MP MATERIALS CORP	40,000	$1.331M	0.7%	$16.09	+58.6%	COM CL A	553368101
JBS	JBS N.V.	75,000	$1.096M	0.6%	$14.07	0.0%	CL A SHS	N4732M103
FMC	FMC CORP	25,000	$1.044M	0.6%	$38.30	0.0%	COM NEW	302491303
CF	CF INDS HLDGS INC	10,000	$920K	0.5%	$84.24	-0.3%	COM	125269100
TROX	TRONOX HOLDINGS PLC	180,000	$913K	0.5%	$12.88	-57.7%	SHS	G9087Q102
HUN	HUNTSMAN CORP	85,000	$886K	0.5%	$22.18	-45.1%	COM	447011107
OLN	OLIN CORP	40,000	$804K	0.4%	$44.57	-54.5%	COM PAR $1	680665205
INGR	INGREDION INC	5,000	$678K	0.4%	$140.75	-4.1%	COM	457187102
NTR	NUTRIEN LTD	10,000	$582K	0.3%	$50.14	+11.7%	COM	67077M108
AXTA	AXALTA COATING SYS LTD	17,500	$520K	0.3%	$29.95	+4.0%	COM	G0750C108
IFF	INTERNATIONAL FLAVORS&FRAGRA	6,614	$486K	0.3%	$91.45	-18.8%	COM	459506101
CE	CELANESE CORP DEL	7,500	$415K	0.2%	$129.81	-61.7%	COM	150870103
CNH	CNH INDL N V	80,000	$80,000	0.0%	$10.52	+16.2%	SHS	N20944109