Walnut Level Capital LLC

CIK

1803088

Location

DENVER, CO

Portfolio Value

Small $117,776,332

Diversification

Diversified

Filing Date

Global Rank

#7,745 / 8,827 ▼ 570 · as of Mar 2026

Top Industry

Packaged Foods 35.8%

Period ended 7 months ago

Filed May 15, 2026 · 6mo

10 quarters · since Dec 2023

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Mar 31, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 68.3% of the book (60%+)

Turnover

Medium turnover

67.1% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 7.7 quarters (4 to under 12)

Closest benchmark: the S&P SmallCap 600 as of 2026-03-31, active share 98.3%; sector active share 92.0% against the combined 13F book's sector weights.

Over time 10 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

35 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

32.0%

+16.2 pts

Top 5

61.5%

−0.2 pts

Top 10

75.6%

−3.4 pts

HHI

1,342

Diversified+426

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Consumer Defensive	57.1%	$67,219,607	9
Basic Materials	41.9%	$49,395,376	24
Industrials	1.0%	$1,161,349	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
CE	Celanese Corp	+62,500	70,000	$4,603,900
APD	Air Products & Chemicals, Inc.	+5,000	13,495	$3,920,162
No positions match the current search.

Trimmed

Positions the filer reduced

11 positions

Ticker	Company	Δ Shares	Shares	Value
AVO	Mission Produce, Inc.	−774,447	15,934	$219,251
SFD	Smithfield Foods Inc	−330,000	50,915	$1,424,092
ANDE	Andersons, Inc.	−278,945	69,968	$5,022,303
MEOH	Methanex Corp	−228,807	173,725	$10,343,586
DAR	Darling Ingredients Inc.	−188,523	234,533	$14,505,866
BG	Bunge Global SA	−86,616	74,045	$9,418,524
OLN	OLIN Corp	−38,012	40,000	$1,189,200
EMN	Eastman Chemical Co	−22,807	30,000	$2,289,600
PPG	Ppg Industries Inc	−7,603	7,504	$802,027
ESI	Element Solutions Inc	−3,036	10,000	$341,400
WLK	Westlake Corp	−1,404	10,000	$1,168,200
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
ASIX	AdvanSix Inc.	100,000	$2,440,000
GPRE	Green Plains Inc.	89,731	$1,476,074
TITN	Titan Machinery Inc.	64,674	$1,081,349
SHW	Sherwin Williams Co	2,447	$784,385
RYAM	Rayonier Advanced Materials Inc.	60,526	$670,022
DOW	Dow Inc.	10,000	$416,500
MOS	Mosaic Co	10,000	$255,000
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
AVNT	Avient Corp	213,749	$6,677,518
FUL	Fuller H B Co	57,505	$3,419,247
JBS	Jbs N.V.	152,048	$2,192,532
SW	Smurfit Westrock plc	41,813	$1,616,908
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

35 tracked positions · $117,776,332 total · filing declares 39 positions · $117,776,341 · as of Mar 31, 2026

All sectors Basic Materials Consumer Defensive Industrials

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
DAR	Darling Ingredients Inc. PUT + SHARES Consumer Defensive	Added	609,533	+55,177	$37,699,616	+88.9%	6	$34.53	32.01%
BG	Bunge Global SA PUT + SHARES Consumer Defensive	Reduced	99,045	-161,616	$12,598,524	−45.7%	9	$81.04	10.70%
MEOH	Methanex Corp Basic Materials	Reduced	173,725	-228,807	$10,343,586	−35.3%	10	before history	8.78%
ANDE	Andersons, Inc. PUT + SHARES Consumer Defensive	Reduced	99,968	-315,945	$7,175,703	−67.6%	4	$37.89	6.09%
CE	Celanese Corp Basic Materials	Added	70,000	+62,500	$4,603,900	+1351.9%	10	before history	3.91%
APD	Air Products & Chemicals, Inc. Basic Materials	Added	13,495	+5,000	$3,920,162	+86.8%	10	before history	3.33%
CTVA	Corteva, Inc. Basic Materials	Held	40,000	0	$3,348,400	+24.9%	10	before history	2.84%
REX	REX AMERICAN RESOURCES Corp Basic Materials	Held	71,172	0	$3,243,308	+41.0%	10	before history	2.75%
GPRE	Green Plains Inc. CALL + SHARES Basic Materials	NEW	189,731	NEW	$3,121,074	NEW	1	$13.58	2.65%
AGRO	Adecoagro S.A. Consumer Defensive	Held	198,317	0	$2,978,721	+89.4%	10	before history	2.53%
PPC	Pilgrims Pride Corp Consumer Defensive	Held	65,000	0	$2,454,400	−3.2%	10	before history	2.08%
ASIX	AdvanSix Inc. Basic Materials	NEW	100,000	NEW	$2,440,000	NEW	1	$18.88	2.07%
EMN	Eastman Chemical Co Basic Materials	Reduced	30,000	-22,807	$2,289,600	−32.1%	10	before history	1.94%
		Held	325,000	0	$2,106,000	+70.5%	10	before history	1.79%
ECL	Ecolab Inc. Basic Materials	Held	7,523	0	$2,001,268	+1.3%	6	$248.60	1.70%
MP	MP Materials Corp. Basic Materials	Held	40,000	0	$1,930,400	−4.5%	10	before history	1.64%
TROX	Tronox Holdings plc Basic Materials	Held	180,000	0	$1,758,600	+134.3%	10	before history	1.49%
SFD	Smithfield Foods Inc Consumer Defensive	Reduced	50,915	-330,000	$1,424,092	−83.3%	2	$22.00	1.21%
DD	DuPont de Nemours, Inc. Basic Materials	Held	30,000	0	$1,373,999	+13.9%	10	before history	1.17%
CF	CF Industries Holdings, Inc. Basic Materials	Held	10,000	0	$1,298,400	+67.9%	6	$86.52	1.10%
OLN	OLIN Corp Basic Materials	Reduced	40,000	-38,012	$1,189,200	−26.8%	10	before history	1.01%
WLK	Westlake Corp Basic Materials	Reduced	10,000	-1,404	$1,168,200	+38.5%	3	$83.33	0.99%
HUN	Huntsman CORP Basic Materials	Held	85,000	0	$1,131,350	+33.1%	10	before history	0.96%
TITN	Titan Machinery Inc. Industrials	NEW	64,674	NEW	$1,081,349	NEW	1	$17.35	0.92%
PPG	Ppg Industries Inc Basic Materials	Reduced	7,504	-7,603	$802,027	−48.2%	10	before history	0.68%
SHW	Sherwin Williams Co Basic Materials	NEW	2,447	NEW	$784,385	NEW	1	$344.24	0.67%
RYAM	Rayonier Advanced Materials Inc. Basic Materials	NEW	60,526	NEW	$670,022	NEW	1	$9.02	0.57%
INGR	Ingredion Inc Consumer Defensive	Held	5,000	0	$563,300	+2.2%	6	$140.75	0.48%
AXTA	Axalta Coating Systems Ltd. Basic Materials	Held	17,500	0	$484,750	−14.3%	10	before history	0.41%
IFF	International Flavors & Fragrances Inc Basic Materials	Held	6,614	0	$479,845	+7.7%	6	$93.98	0.41%
DOW	Dow Inc. Basic Materials	NEW	10,000	NEW	$416,500	NEW	1	$31.71	0.35%
ESI	Element Solutions Inc Basic Materials	Reduced	10,000	-3,036	$341,400	+4.8%	4	$22.71	0.29%
MOS	Mosaic Co Basic Materials	NEW	10,000	NEW	$255,000	NEW	1	$27.42	0.22%
AVO	Mission Produce, Inc. Consumer Defensive	Reduced	15,934	-774,447	$219,251	−97.6%	9	$11.70	0.19%
CNH	CNH Industrial N.V. Industrials	Held	80,000	0	$80,000	0.0%	10	before history	0.07%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.