Data as of Q4 2025 (Dec 31, 2025)

Walnut Level Capital LLC

CIK: 1803088Filing: Q4 2025

**Walnut Level Capital LLC** manages $124M across a concentrated portfolio of 34 positions. The fund exhibits significant conviction in specific names, with its top three holdings—ANDE, MEOH, and DAR—representing $18.6M, $16.0M, and $15.2M, respectively. These top positions alone account for over 49% of the disclosed assets. The remaining portfolio diversification includes notable allocations to sectors represented by holdings such as AVO ($9.2M) and PNC ($8.9M).

Total AUM
$111.0M
+ $13.1M in options
QoQ Performance
+0.2%
Positions
31
+ 3 options
Top 10 Concentration
75.2%
Latest Filing
Q4 2025

Top Holdings Allocation

ANDE
MEOH
DAR
AVO
BG
SFD
AVNT
ANDE14.9%
MEOH12.9%
DAR12.3%
AVO7.4%
BG7.2%
SFD6.9%
AVNT5.4%
USO2.8%

📈 Biggest Buys

SFD
SMITHFIELD FOODS INC
NEW
6.9% of portfolio
AVO
MISSION PRODUCE INC
+295.2%
7.4% of portfolio
USOPUT
UNITED STS OIL FD LP
NEW
2.8% of portfolio
FUL
FULLER H B CO
+283.4%
2.8% of portfolio
JBS N.V.
NEW
1.8% of portfolio

📉 Biggest Sells

ANDE
ANDERSONS INC
-39.3%
14.9% of portfolio
PPG
PPG INDS INC
-80.6%
1.2% of portfolio
UEO
WESTLAKE CORPORATION
-80.2%
0.7% of portfolio
PAHUSD
ELEMENT SOLUTIONS INC
-90.9%
0.3% of portfolio
AVNT
AVIENT CORPORATION
-28.7%
5.4% of portfolio

Sector Breakdown

Other96.7%
Materials3.3%

🚪 Exited Positionssold since Q3 2025

HRL
HORMEL FOODS CORP
SOLD
$2.6M

Changes from Q3 2025

NEW4 new positions
5 increased
7 decreased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023