Q4 2023 · 13F-HR
VELA Investment Management, LLCholdings as filed
Filed 2024-01-30 · accession 0001895612-24-000002
$261.4M
Reported value
159
Positions
2023-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 497266106 | KEX | Kirby Corp | $11.0M | 4.20% | 139,848 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway Inc Cl B | $10.0M | 3.81% | 27,903 | Common | SOLE |
| 443320106 | HUBG | Hub Group Inc Cl A | $8.6M | 3.31% | 94,064 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc Cl A | $7.2M | 2.77% | 51,766 | Common | SOLE |
| 393657101 | GBX | Greenbrier Cos Inc | $7.2M | 2.75% | 162,975 | Common | SOLE |
| 384637104 | GHC | Graham Hldgs Co Com Cl B | $6.0M | 2.29% | 8,607 | Common | SOLE |
| 17888H103 | CIVI | Civitas Resources Inc Com New | $5.8M | 2.23% | 85,402 | Common | SOLE |
| 444859102 | HUM | Humana Inc | $5.1M | 1.97% | 11,244 | Common | SOLE |
| 871829107 | SYY | Sysco Corp | $4.5M | 1.73% | 61,824 | Common | SOLE |
| 147528103 | CASY | Caseys General Stores Inc | $4.4M | 1.70% | 16,166 | Common | SOLE |
| 044186104 | ASH | Ashland Inc | $4.2M | 1.60% | 49,496 | Common | SOLE |
| 03820C105 | AIT | Applied Indl Technologies Inc | $4.1M | 1.58% | 23,847 | Common | SOLE |
| 666807102 | NOC | Northrop Grumman Corp | $3.9M | 1.49% | 8,312 | Common | SOLE |
| 05605H100 | BWXT | Bwx Technologies Inc | $3.9M | 1.48% | 50,326 | Common | SOLE |
| 254687106 | DIS | Walt Disney Co | $3.8M | 1.45% | 41,981 | Common | SOLE |
| 92532F100 | VRTX | Vertex Pharmaceuticals Inc | $3.5M | 1.32% | 8,507 | Common | SOLE |
| G0450A105 | ACGL | Arch Capital Group Ltd | $3.4M | 1.29% | 45,312 | Common | SOLE |
| G5960L103 | MDT | Medtronic PLC | $3.3M | 1.27% | 40,401 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp | $3.2M | 1.23% | 8,578 | Common | SOLE |
| 002824100 | ABT | Abbott Laboratories Com | $3.0M | 1.13% | 26,846 | Common | SOLE |
| 29261A100 | EHC | Encompass Health Corp | $2.9M | 1.11% | 43,463 | Common | SOLE |
| 00287Y109 | ABBV | AbbVie Inc | $2.7M | 1.05% | 17,667 | Common | SOLE |
| 91879Q109 | MTN | Vail Resorts Inc | $2.7M | 1.02% | 12,545 | Common | SOLE |
| 67059N108 | NTNX | Nutanix Inc Cl A | $2.7M | 1.02% | 56,079 | Common | SOLE |
| G0692U109 | AXS | Axis Cap Holdings Ltd | $2.6M | 1.00% | 47,450 | Common | SOLE |
| 95058W100 | WEN | Wendys Co | $2.6M | 0.99% | 132,535 | Common | SOLE |
| 808513105 | SCHW | Charles Schwab Corp | $2.5M | 0.97% | 36,673 | Common | SOLE |
| 31620M106 | FIS | Fidelity Natl Information Serv | $2.5M | 0.96% | 41,864 | Common | SOLE |
| 226718104 | CRTO | Criteo SA-SPON ADR | $2.5M | 0.96% | 99,086 | Common | SOLE |
| 867224107 | SU | Suncor Energy Inc | $2.5M | 0.95% | 77,542 | Common | SOLE |
| 67103H107 | ORLY | O'Reilly Automotive Inc | $2.5M | 0.94% | 2,599 | Common | SOLE |
| 75281A109 | RRC | Range Resources Corporation | $2.5M | 0.94% | 80,804 | Common | SOLE |
| 500754106 | KHC | Kraft Heinz Co | $2.5M | 0.94% | 66,463 | Common | SOLE |
| 71377A103 | PFGC | Performance Food Group Co. | $2.4M | 0.94% | 35,407 | Common | SOLE |
| 92047W101 | VVV | Valvoline Inc | $2.3M | 0.89% | 61,567 | Common | SOLE |
| 037833100 | AAPL | Apple Inc | $2.1M | 0.81% | 11,028 | Common | SOLE |
| 047726302 | BATRK | Atlanta Braves Hldgs Inc. Com | $2.1M | 0.79% | 52,046 | Common | SOLE |
| 023586506 | UHAL/B | U-Hual Holding Co-Non Voting p | $2.0M | 0.77% | 28,551 | Common | SOLE |
| 336901103 | SRCE | 1st Source Corp | $2.0M | 0.76% | 36,365 | Common | SOLE |
| 00724F101 | ADBE | Adobe Systems Incorporated | $2.0M | 0.75% | 3,300 | PUT | SOLE |
| M6191J100 | FROG | Jfrog Ltd | $2.0M | 0.75% | 56,427 | Common | SOLE |
| 37045V100 | GM | General Motors Co | $1.9M | 0.74% | 54,000 | CALL | SOLE |
| 343498101 | FLO | Flowers Foods Inc Com | $1.9M | 0.73% | 84,671 | Common | SOLE |
| 446413106 | HII | Huntington Ingalls Industries | $1.8M | 0.70% | 7,068 | Common | SOLE |
| 698813102 | PZZA | Papa Johns International Inc. | $1.8M | 0.68% | 23,404 | Common | SOLE |
| G0585R106 | AGO | Assured Guaranty Ltd | $1.8M | 0.67% | 23,534 | Common | SOLE |
| 989207105 | ZBRA | Zebra Technologies Corp Cl A | $1.8M | 0.67% | 6,407 | Common | SOLE |
| 880770102 | TER | Teradyne Inc | $1.8M | 0.67% | 16,133 | Common | SOLE |
| 293792107 | EPD | Enterprise Products Partners L | $1.6M | 0.63% | 62,117 | Common | SOLE |
| 478160104 | JNJ | Johnson & Johnson | $1.6M | 0.59% | 9,913 | Common | SOLE |
| 29273V100 | ET | Energy Transfer LP UT Ltd Ptn | $1.5M | 0.58% | 110,500 | PUT | SOLE |
| 88642R109 | TDW | Tidewater Inc | $1.5M | 0.58% | 21,100 | Common | SOLE |
| 29415F104 | NVST | Envista Holdings Corporation | $1.5M | 0.57% | 61,833 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA Corp | $1.5M | 0.57% | 3,000 | CALL | SOLE |
| P31076105 | CPA | Copa Holdings SA Cl A | $1.5M | 0.57% | 13,959 | Common | SOLE |
| 441593100 | HLI | Houlihan Lokey | $1.4M | 0.55% | 12,092 | Common | SOLE |
| 437076102 | HD | Home Depot Inc | $1.4M | 0.55% | 4,134 | Common | SOLE |
| 30303M102 | META | Meta Platforms Inc Cl A | $1.4M | 0.55% | 4,040 | Common | SOLE |
| 81762P102 | NOW | ServiceNow Inc | $1.4M | 0.53% | 1,976 | Common | SOLE |
| G51502105 | JCI | Johnson Controls Intl PLC | $1.4M | 0.53% | 24,083 | Common | SOLE |
| 52110H100 | — | Lazydays Holdings, Inc. | $1.4M | 0.52% | 193,675 | Common | SOLE |
| 79466L302 | CRM | Salesforce Inc | $1.4M | 0.52% | 5,183 | Common | SOLE |
| 00724F101 | ADBE | Adobe Systems Incorporated | $1.4M | 0.52% | 2,267 | Common | SOLE |
| 595017104 | MCHP | Microchip Technology Inc | $1.3M | 0.51% | 14,896 | Common | SOLE |
| 29273V100 | ET | Energy Transfer LP UT Ltd Ptn | $1.3M | 0.51% | 97,118 | Common | SOLE |
| 516544103 | LNTH | Lantheus Holdings Inc. | $1.3M | 0.51% | 21,392 | Common | SOLE |
| 05722G100 | BKR | Baker Hughes Company Cl A | $1.3M | 0.50% | 38,268 | Common | SOLE |
| 929566107 | WNC | Wabash National Corp | $1.3M | 0.50% | 50,878 | Common | SOLE |
| 825704109 | SIBN | SI-BONE, Inc. | $1.3M | 0.49% | 61,577 | Common | SOLE |
| G1151C101 | ACN | Accenture PLC Ireland Class A | $1.3M | 0.49% | 3,681 | Common | SOLE |
| 872540109 | TJX | TJX Cos Inc | $1.3M | 0.49% | 13,718 | Common | SOLE |
| 31428X106 | FDX | FedEx Corp | $1.3M | 0.48% | 4,998 | Common | SOLE |
| 01609W102 | BABA | Alibaba Group Holding Ltd Sp A | $1.2M | 0.47% | 16,000 | CALL | SOLE |
| 35138V102 | FOXF | Fox Factory Hldg Corp Com | $1.2M | 0.47% | 18,302 | Common | SOLE |
| 533900106 | LECO | Lincoln Electric Holdings Inc | $1.2M | 0.46% | 5,565 | Common | SOLE |
| 011532108 | AGI | Alamos Gold Inc | $1.2M | 0.46% | 88,382 | Common | SOLE |
| 293792107 | EPD | Enterprise Products Partners L | $1.2M | 0.45% | 45,000 | PUT | SOLE |
| G54950103 | LIN | Linde PLC Shs | $1.2M | 0.44% | 2,819 | Common | SOLE |
| 62944T105 | NVR | NVR Inc | $1.2M | 0.44% | 165 | Common | SOLE |
| 749685103 | RPM | RPM Intl Inc | $1.1M | 0.43% | 10,148 | Common | SOLE |
| 126408103 | CSX | CSX Corp | $1.1M | 0.43% | 32,514 | Common | SOLE |
| 855244109 | SBUX | Starbucks Corp | $1.1M | 0.43% | 11,680 | Common | SOLE |
| 92826C839 | V | Visa Inc Cl A | $1.1M | 0.43% | 4,300 | Common | SOLE |
| 635906100 | NHC | National Healthcare Corporatio | $1.1M | 0.43% | 12,072 | Common | SOLE |
| 713448108 | PEP | PepsiCo Inc | $1.1M | 0.42% | 6,506 | Common | SOLE |
| 59156R108 | MET | MetLife Inc | $1.1M | 0.40% | 16,001 | Common | SOLE |
| 949746101 | WMT2 | Wells Fargo Co | $1.0M | 0.40% | 21,082 | Common | SOLE |
| 060505104 | BAC | Bank of America Corp | $1.0M | 0.40% | 30,706 | Common | SOLE |
| 88162G103 | TTEK | Tetra Tech Inc. | $987,391 | 0.38% | 5,915 | Common | SOLE |
| 898402102 | TRMK | Trustmark Corp | $976,832 | 0.37% | 35,037 | Common | SOLE |
| 681116109 | OLLI | Ollies Bargain Outlet Holdings | $962,209 | 0.37% | 12,679 | Common | SOLE |
| 15189T107 | CNP | CenterPoint Energy Inc | $959,952 | 0.37% | 33,600 | Common | SOLE |
| 67059N108 | NTNX | Nutanix Inc Cl A | $953,800 | 0.36% | 20,000 | PUT | SOLE |
| 872590104 | TMUS | T-Mobile US Inc | $942,420 | 0.36% | 5,878 | Common | SOLE |
| 046353108 | AZNN | Astrazeneca Plc | $942,092 | 0.36% | 13,988 | Common | SOLE |
| 101137107 | BSX | Boston Scientific Corp | $935,597 | 0.36% | 16,184 | Common | SOLE |
| 023135106 | AMZN | Amazon.com Inc | $929,569 | 0.36% | 6,118 | Common | SOLE |
| 172967424 | C | Citigroup Inc New | $922,011 | 0.35% | 17,924 | Common | SOLE |
| 375916103 | GIL | Gildan Activewear Inc | $898,670 | 0.34% | 27,183 | Common | SOLE |
| 38141G104 | GS | Goldman Sachs Group Inc | $893,829 | 0.34% | 2,317 | Common | SOLE |
| 21874C102 | CNM | Core & Main Inc. -Class A | $887,606 | 0.34% | 21,965 | Common | SOLE |
| 74276L105 | PRCT | Procept Biorobotics Corp | $858,610 | 0.33% | 20,487 | Common | SOLE |
| 800422107 | JBSS | Sanfilippo John B & Son Inc Co | $856,984 | 0.33% | 8,317 | Common | SOLE |
| 81369Y506 | XLE | Energy Select Sector SPDR Fund | $838,400 | 0.32% | 10,000 | PUT | SOLE |
| 052769106 | ADSK | Autodesk Inc | $837,328 | 0.32% | 3,439 | Common | SOLE |
| 09857L108 | BKNG | Booking Holdings Inc | $808,766 | 0.31% | 228 | Common | SOLE |
| 78464A698 | KRE | SPDR S&P Regional Banking ETF | $797,670 | 0.31% | 15,214 | Common | SOLE |
| 90384S303 | ULTA | Ulta Beauty Inc | $791,334 | 0.30% | 1,615 | Common | SOLE |
| 05561Q201 | BOKF | BOK Financial Corp | $791,235 | 0.30% | 9,238 | Common | SOLE |
| 445658107 | JBHT | Hunt J B Trans Services Inc | $775,391 | 0.30% | 3,882 | Common | SOLE |
| 808513105 | SCHW | Charles Schwab Corp | $756,800 | 0.29% | 11,000 | PUT | SOLE |
| 244199105 | DE | Deere & Co | $746,557 | 0.29% | 1,867 | Common | SOLE |
| 70450Y103 | PYPL | Paypal Holdings Inc | $721,875 | 0.28% | 11,755 | Common | SOLE |
| 053611109 | AVY | Avery Dennison Corp | $716,051 | 0.27% | 3,542 | Common | SOLE |
| 78464A698 | KRE | SPDR S&P Regional Banking ETF | $681,590 | 0.26% | 13,000 | PUT | SOLE |
| 655844108 | NSC | Norfolk Southern Corp | $653,591 | 0.25% | 2,765 | Common | SOLE |
| 82489T104 | SWAVUSD | Shockwave Medical Inc. | $653,049 | 0.25% | 3,427 | Common | SOLE |
| 172967424 | C | Citigroup Inc New | $643,000 | 0.25% | 12,500 | PUT | SOLE |
| 31428X106 | FDX | FedEx Corp | $632,425 | 0.24% | 2,500 | PUT | SOLE |
| 46625H100 | JPM | JP Morgan Chase & Co | $625,117 | 0.24% | 3,675 | Common | SOLE |
| 77313F106 | RCKT | Rocket Pharmaceuticals, Inc. | $622,567 | 0.24% | 20,773 | Common | SOLE |
| 464287630 | IWN | iShares Russell 2000 Value ETF | $604,855 | 0.23% | 3,894 | Common | SOLE |
| 828806109 | SPG | Simon Property Group Inc | $596,663 | 0.23% | 4,183 | Common | SOLE |
| 882508104 | TXN | Texas Instruments Inc | $565,075 | 0.22% | 3,315 | Common | SOLE |
| 24823R105 | DNLI | Denali Therapeutics Inc. | $561,072 | 0.21% | 26,145 | Common | SOLE |
| 949746101 | WMT2 | Wells Fargo Co | $492,200 | 0.19% | 10,000 | PUT | SOLE |
| 56600D107 | MRVI | Maravai Lifesciences Holdings- | $486,776 | 0.19% | 74,317 | Common | SOLE |
| 036752103 | ELV | Elevance Health Inc | $480,048 | 0.18% | 1,018 | Common | SOLE |
| 229899109 | CFR | Cullen Frost Bankers Inc | $467,266 | 0.18% | 4,307 | Common | SOLE |
| 90353T100 | UBER | Uber Technologies Inc | $464,361 | 0.18% | 7,542 | Common | SOLE |
| 98138H101 | WDAY | Workday Inc Cl A | $445,561 | 0.17% | 1,614 | Common | SOLE |
| 731068102 | PII | Polaris Inc Com | $439,259 | 0.17% | 4,635 | Common | SOLE |
| 20030N101 | CMCSA | Comcast Corp Cl A | $432,975 | 0.17% | 9,874 | Common | SOLE |
| 56117J100 | MBUU | Malibu Boats Inc Com Cl A | $424,910 | 0.16% | 7,751 | Common | SOLE |
| 668074305 | NWE | NorthWestern Energy Group, Inc | $419,181 | 0.16% | 8,237 | Common | SOLE |
| 80874P109 | LNWO | LIGHT & WONDER INC COM | $410,550 | 0.16% | 5,000 | PUT | SOLE |
| 756109104 | O | Realty Income Corp | $404,065 | 0.15% | 7,037 | Common | SOLE |
| 62482R107 | 07WA | Mr Cooper Group Inc | $400,228 | 0.15% | 6,146 | Common | SOLE |
| G1110E107 | BHVN | Biohaven LTD | $396,713 | 0.15% | 9,269 | Common | SOLE |
| G76279101 | ROIV | Roivant Sciences, Inc. | $363,695 | 0.14% | 32,386 | Common | SOLE |
| 02043Q107 | ALNY | Alnylam Pharmaceuticals Inc | $347,983 | 0.13% | 1,818 | Common | SOLE |
| N53745100 | LYB | LyondellBasell Industries NV | $345,711 | 0.13% | 3,636 | Common | SOLE |
| 372460105 | GPC | Genuine Parts Co | $340,848 | 0.13% | 2,461 | Common | SOLE |
| 016255101 | ALGN | Align Technology Inc | $315,374 | 0.12% | 1,151 | Common | SOLE |
| 609207105 | MDLZ | Mondelez Intl Inc Cl A | $312,246 | 0.12% | 4,311 | Common | SOLE |
| 681919106 | OMC | Omnicom Group Inc | $298,200 | 0.11% | 3,447 | Common | SOLE |
| 55336V100 | MPLX | MPLX LP | $295,229 | 0.11% | 8,040 | Common | SOLE |
| 026874784 | AIG | American Intl Group Inc | $281,433 | 0.11% | 4,154 | Common | SOLE |
| 589400100 | MCY | Mercury General Corp | $275,982 | 0.11% | 7,397 | Common | SOLE |
| 803607100 | SRPT | Sarepta Therapeutics Inc | $268,847 | 0.10% | 2,788 | Common | SOLE |
| 95082P105 | WCC | Wesco Intl Inc | $257,342 | 0.10% | 1,480 | Common | SOLE |
| 683344105 | ONTO | ONTO Innovation Inc. | $257,331 | 0.10% | 1,683 | Common | SOLE |
| 75700L108 | RRR | Red Rock Resorts Inc Cl A | $256,411 | 0.10% | 4,808 | Common | SOLE |
| G2143T103 | CMPR | Cimpress PLC Euro | $239,109 | 0.09% | 2,987 | Common | SOLE |
| 191216100 | KO | Coca-Cola Co | $227,352 | 0.09% | 3,858 | Common | SOLE |
| 81369Y506 | XLE | Energy Select Sector SPDR Fund | $30,350 | 0.01% | 362 | Common | SOLE |
| 37045V100 | GM | General Motors Co | $11,638 | 0.00% | 324 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA Corp | $9,904 | 0.00% | 20 | Common | SOLE |
| 01609W102 | BABA | Alibaba Group Holding Ltd Sp A | $3,100 | 0.00% | 40 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.