Jade Capital Advisors 13F annual report

Jade Capital Advisors is an investment fund managing more than $130 billion ran by Robert Mchugh. There are currently 68 companies in Mr. Mchugh’s portfolio. The largest investments include Orion S.A and AAR, together worth $17.3 billion.

Limited to 30 biggest holdings

$130 billion Assets Under Management (AUM)

As of 2nd August 2024, Jade Capital Advisors’s top holding is 403,041 shares of Orion S.A currently worth over $9.48 billion and making up 7.3% of the portfolio value. Relative to the number of outstanding shares of Orion S.A, Jade Capital Advisors owns more than approximately 0.1% of the company. In addition, the fund holds 130,000 shares of AAR worth $7.78 billion, whose value fell 4.8% in the past six months. The third-largest holding is General Electric Co worth $5.27 billion and the next is Atkore Inc worth $4.76 billion, with 25,000 shares owned.

Currently, Jade Capital Advisors's portfolio is worth at least $130 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Jade Capital Advisors

The Jade Capital Advisors office and employees reside in Essex Fells, New Jersey. According to the last 13-F report filed with the SEC, Robert Mchugh serves as the Portfolio Manager/ CCO at Jade Capital Advisors.

Recent trades

In the most recent 13F filing, Jade Capital Advisors revealed that it had opened a new position in AAR and bought 130,000 shares worth $7.78 billion. This means they effectively own approximately 0.1% of the company. AAR makes up 19.9% of the fund's Industrials sector allocation and has grown its share price by 0.5% in the past year.

The investment fund also strengthened its position in Orion S.A by buying 75,000 additional shares. This makes their stake in Orion S.A total 403,041 shares worth $9.48 billion. Orion S.A dropped 12.7% in the past year.

On the other hand, there are companies that Jade Capital Advisors is getting rid of from its portfolio. Jade Capital Advisors closed its position in Commercial Metals Co on 9th August 2024. It sold the previously owned 140,000 shares for $7.01 billion. Robert Mchugh also disclosed a decreased stake in Flowserve by 0.4%. This leaves the value of the investment at $2.98 billion and 65,264 shares.

One of the smallest hedge funds

The two most similar investment funds to Jade Capital Advisors are Burford Brothers and Lexington Partners L.P.. They manage $141 billion and $140 billion respectively.


Robert Mchugh investment strategy

Jade Capital Advisors’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Industrials — making up 30.1% of the total portfolio value. The fund focuses on investments in the United States as 47.1% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 18% of the total holdings value. On the other hand, small-cap stocks make up only 2.9% of the portfolio. The average market cap of the portfolio companies is close to $21.5 billion.

The complete list of Jade Capital Advisors trades based on 13F SEC filings

These positions were updated on August 9th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Orion S.A
22.86%
403,041
$9,479,524,000 7.31%
AAR Corp.
Opened
130,000
$7,783,100,000 6.00%
Commercial Metals Co.
Closed
140,000
$7,005,600,000
Norfolk Southn Corp
Closed
25,000
$5,909,500,000
General Electric Co
Opened
30,000
$5,265,900,000 4.06%
Atkore Inc
Opened
25,000
$4,759,000,000 3.67%
Alaska Air Group Inc.
110.00%
105,000
$4,513,950,000 3.48%
Mosaic Co New
140.00%
120,000
$3,895,200,000 3.00%
Zebra Technologies Corporati
Opened
12,500
$3,768,000,000 2.91%
Eastman Chem Co
146.67%
37,000
$3,708,140,000 2.86%
nVent Electric plc
Opened
45,000
$3,393,000,000 2.62%
Herc Holdings Inc
Closed
22,000
$3,275,580,000
Chevron Corp.
Opened
20,000
$3,154,800,000 2.43%
Gates Indl Corp Plc
0.09%
175,149
$3,101,889,000 2.39%
Flowserve Corp.
40.81%
65,264
$2,981,260,000 2.30%
Cummins Inc.
Opened
10,000
$2,946,500,000 2.27%
Middleby Corp.
Closed
20,000
$2,943,400,000
American Airls Group Inc
47.22%
190,000
$2,916,500,000 2.25%
Nordson Corp.
Opened
10,000
$2,745,400,000 2.12%
VanEck ETF Trust
Opened
8,000
$2,690,640,000 2.08%
United Airls Hldgs Inc
68.24%
55,000
$2,633,400,000 2.03%
Teck Resources Ltd
Closed
60,000
$2,536,200,000
Louisiana Pac Corp
Opened
30,000
$2,517,300,000 1.94%
Hubbell Inc.
Opened
6,000
$2,490,300,000 1.92%
Pactiv Evergreen Inc.
Closed
180,000
$2,467,800,000
Stanley Black & Decker Inc
37.50%
25,000
$2,448,250,000 1.89%
Rockwell Automation Inc
Closed
7,500
$2,328,600,000
Esab Corporation
Opened
20,000
$2,211,400,000 1.71%
Barclays Bank PLC
15.13%
168,250
$2,182,203,000 1.68%
Werner Enterprises, Inc.
Closed
50,000
$2,118,500,000
Saia Inc.
58.82%
3,500
$2,047,500,000 1.58%
Sealed Air Corp.
Opened
55,000
$2,046,000,000 1.58%
Woodward Inc
Closed
15,000
$2,041,950,000
Timken Co.
Closed
25,000
$2,003,750,000
XPO Inc
Opened
15,000
$1,830,450,000 1.41%
Vale S.A.
Opened
150,000
$1,828,500,000 1.41%
Regal Rexnord Corporation
63.64%
10,000
$1,801,000,000 1.39%
Weyerhaeuser Co Mtn Be
Opened
50,000
$1,795,500,000 1.38%
FMC Corp.
125.00%
27,000
$1,719,900,000 1.33%
Corteva Inc
Closed
35,000
$1,677,200,000
Livent Corp
Closed
90,000
$1,618,200,000
Leslies Inc
32.64%
247,600
$1,609,400,000 1.24%
Mobileye Global Inc
Opened
50,000
$1,607,500,000 1.24%
3M Co.
62.50%
15,000
$1,591,050,000 1.23%
Eaton Corp Plc
50.00%
5,000
$1,563,400,000 1.21%
DuPont de Nemours Inc
Opened
20,000
$1,533,400,000 1.18%
Mastec Inc.
Opened
15,000
$1,398,750,000 1.08%
Nutrien Ltd
28.57%
25,000
$1,357,750,000 1.05%
Spirit Aerosystems Holdings Inc
49.92%
37,560
$1,354,789,000 1.05%
Alcoa Corp
Opened
40,000
$1,351,600,000 1.04%
Johnson Ctls Intl Plc
33.33%
20,000
$1,306,400,000 1.01%
Huntsman Corp
Opened
50,000
$1,301,500,000 1.00%
Occidental Pete Corp
55.56%
20,000
$1,299,800,000 1.00%
Freeport-McMoRan Inc
Closed
30,000
$1,277,100,000
Generac Holdings Inc
66.67%
10,000
$1,261,400,000 0.97%
Cleveland-Cliffs Inc
Closed
61,424
$1,254,278,000
Cognex Corp.
Closed
30,000
$1,252,200,000
Schneider National Inc
47.62%
55,000
$1,245,200,000 0.96%
Allegiant Travel
Closed
15,000
$1,239,150,000
Goodyear Tire & Rubr Co
10.00%
90,000
$1,235,700,000 0.95%
Veralto Corp
Closed
15,000
$1,233,900,000
Advance Auto Parts Inc
Closed
20,000
$1,220,600,000
Knight-swift Transn Hldgs In
Closed
20,000
$1,153,000,000
Spirit Airls Inc
Closed
70,000
$1,147,300,000
Idex Corporation
Closed
5,000
$1,085,550,000
ATI Inc
Closed
23,114
$1,050,994,000
Tronox Holdings plc
19.51%
60,370
$1,047,420,000 0.81%
Arcadium Lithium Plc
Opened
236,540
$1,019,487,000 0.79%
NOV Inc
Closed
50,000
$1,014,000,000
Pool Corporation
Closed
2,500
$996,775,000
Jetblue Awys Corp
54.39%
130,000
$964,600,000 0.74%
Phinia Inc
Opened
25,000
$960,750,000 0.74%
Vertiv Holdings Co
Closed
20,000
$960,600,000
Norwegian Cruise Line Hldg L
87.14%
45,000
$941,850,000 0.73%
Albemarle Corp.
Opened
7,000
$922,180,000 0.71%
Carrier Global Corporation
Opened
15,000
$871,950,000 0.67%
United States Stl Corp New
Opened
20,000
$815,600,000 0.63%
International Paper Co.
No change
20,000
$780,400,000 0.60%
Hayward Holdings, Inc.
No change
50,000
$765,500,000 0.59%
Ppg Inds Inc
Closed
5,000
$747,750,000
Chemours Company
50.00%
25,000
$656,500,000 0.51%
Boeing Co.
Closed
2,500
$651,650,000
Atmus Filtration Technologie
Opened
20,000
$645,000,000 0.50%
Transocean Ltd
Closed
92,800
$589,280,000
Terex Corp.
Closed
10,000
$574,600,000
Hawaiian Holdings, Inc.
Closed
40,000
$568,000,000
Axalta Coating Sys Ltd
65.90%
15,525
$533,905,000 0.41%
Triumph Group Inc.
92.39%
35,000
$526,400,000 0.41%
BorgWarner Inc
Opened
15,000
$521,100,000 0.40%
Vontier Corporation
Opened
10,000
$453,600,000 0.35%
West Fraser Timber Co Ltd
66.67%
5,000
$431,746,000 0.33%
Frontier Group Hldgs Inc
90.11%
49,436
$400,926,000 0.31%
Hexcel Corp.
Closed
5,000
$368,750,000
Cnh Indl N V
Closed
25,000
$304,500,000
Piedmont Lithium Inc
Closed
10,000
$282,300,000
Southwestern Energy Company
Closed
40,000
$262,000,000
Purecycle Technologies Inc
No change
35,000
$217,700,000 0.17%
Compass Minerals International Inc
63.80%
11,346
$178,586,000 0.14%
MP Materials Corp.
50.00%
10,000
$143,000,000 0.11%
Sigma Lithium Corporation
50.00%
10,000
$129,600,000 0.10%
Fisker Inc.
Closed
50,000
$87,500,000
Lucid Group, Inc.
Closed
10,000
$42,100,000
Standard Lithium Ltd
No change
25,000
$29,500,000 0.02%
Fuelcell Energy Inc
No change
10,000
$11,900,000 0.01%
No transactions found
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