Q1 2024 · 13F-HR
VELA Investment Management, LLCholdings as filed
Filed 2024-05-13 · accession 0001895612-24-000004
$295.0M
Reported value
160
Positions
2024-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 497266106 | KEX | Kirby Corp | $13.6M | 4.61% | 142,740 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway Inc Cl B | $11.7M | 3.96% | 27,769 | Common | SOLE |
| 443320106 | HUBG | Hub Group Inc Cl A | $9.4M | 3.20% | 218,212 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc Cl A | $8.2M | 2.77% | 54,199 | Common | SOLE |
| 393657101 | GBX | Greenbrier Cos Inc | $8.0M | 2.71% | 153,318 | Common | SOLE |
| 17888H103 | CIVI | Civitas Resources Inc Com New | $6.7M | 2.28% | 88,559 | Common | SOLE |
| 384637104 | GHC | Graham Hldgs Co Com Cl B | $6.6M | 2.25% | 8,651 | Common | SOLE |
| 254687106 | DIS | Walt Disney Co | $5.4M | 1.84% | 44,272 | Common | SOLE |
| 871829107 | SYY | Sysco Corp | $5.1M | 1.75% | 63,435 | Common | SOLE |
| 147528103 | CASY | Caseys General Stores Inc | $4.9M | 1.67% | 15,422 | Common | SOLE |
| 044186104 | ASH | Ashland Inc | $4.9M | 1.65% | 50,020 | Common | SOLE |
| 03820C105 | AIT | Applied Indl Technologies Inc | $4.6M | 1.56% | 23,352 | Common | SOLE |
| 929566107 | WNC | Wabash National Corp | $4.6M | 1.55% | 153,091 | Common | SOLE |
| 444859102 | HUM | Humana Inc | $4.4M | 1.51% | 12,806 | Common | SOLE |
| G0450A105 | ACGL | Arch Capital Group Ltd | $4.2M | 1.43% | 45,534 | Common | SOLE |
| 666807102 | NOC | Northrop Grumman Corp | $4.1M | 1.38% | 8,485 | Common | SOLE |
| 81762P102 | NOW | ServiceNow Inc | $3.8M | 1.29% | 5,000 | PUT | SOLE |
| 594918104 | MSFT | Microsoft Corp | $3.6M | 1.22% | 8,528 | Common | SOLE |
| G5960L103 | MDT | Medtronic PLC | $3.6M | 1.21% | 40,987 | Common | SOLE |
| 226718104 | CRTO | Criteo SA-SPON ADR | $3.5M | 1.18% | 99,345 | Common | SOLE |
| G0692U109 | AXS | Axis Cap Holdings Ltd | $3.2M | 1.09% | 49,569 | Common | SOLE |
| 31620M106 | FIS | Fidelity Natl Information Serv | $3.2M | 1.09% | 43,360 | Common | SOLE |
| 29261A100 | EHC | Encompass Health Corp | $3.2M | 1.09% | 38,833 | Common | SOLE |
| 75281A109 | RRC | Range Resources Corporation | $3.1M | 1.04% | 89,062 | Common | SOLE |
| 011532108 | AGI | Alamos Gold Inc | $2.9M | 0.98% | 195,357 | Common | SOLE |
| 867224107 | SU | Suncor Energy Inc | $2.9M | 0.97% | 77,597 | Common | SOLE |
| 855244109 | SBUX | Starbucks Corp | $2.8M | 0.97% | 31,147 | Common | SOLE |
| 91879Q109 | MTN | Vail Resorts Inc | $2.8M | 0.95% | 12,553 | Common | SOLE |
| 808513105 | SCHW | Charles Schwab Corp | $2.7M | 0.92% | 37,490 | Common | SOLE |
| 95058W100 | WEN | Wendy's Co/The | $2.7M | 0.90% | 141,642 | Common | SOLE |
| 023135106 | AMZN | Amazon.com Inc | $2.6M | 0.90% | 14,646 | Common | SOLE |
| 002824100 | ABT | Abbott Laboratories Com | $2.6M | 0.88% | 22,764 | Common | SOLE |
| 67059N108 | NTNX | Nutanix Inc Cl A | $2.6M | 0.87% | 41,563 | Common | SOLE |
| 71377A103 | PFGC | Performance Food Group Co. | $2.5M | 0.86% | 34,018 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp | $2.5M | 0.86% | 6,000 | PUT | SOLE |
| M6191J100 | FROG | Jfrog Ltd | $2.5M | 0.85% | 56,427 | Common | SOLE |
| 047726302 | BATRK | Atlanta Braves Hldgs Inc. Com | $2.4M | 0.82% | 62,172 | Common | SOLE |
| 05605H100 | BWXT | Bwx Technologies Inc | $2.4M | 0.82% | 23,484 | Common | SOLE |
| 00287Y109 | ABBV | AbbVie Inc | $2.4M | 0.81% | 13,077 | Common | SOLE |
| 21874C102 | CNM | Core & Main Inc. -Class A | $2.3M | 0.77% | 39,634 | Common | SOLE |
| 88642R109 | TDW | Tidewater Inc | $2.1M | 0.70% | 22,372 | Common | SOLE |
| 343498101 | FLO | Flowers Foods Inc Com | $2.0M | 0.68% | 84,730 | Common | SOLE |
| 989207105 | ZBRA | Zebra Technologies Corp Cl A | $2.0M | 0.68% | 6,641 | Common | SOLE |
| 30303M102 | META | Meta Platforms Inc Cl A | $2.0M | 0.67% | 4,092 | Common | SOLE |
| 023135106 | AMZN | Amazon.com Inc | $2.0M | 0.67% | 11,000 | CALL | SOLE |
| 336901103 | SRCE | 1st Source Corp | $2.0M | 0.67% | 37,774 | Common | SOLE |
| 037833100 | AAPL | Apple Inc | $1.9M | 0.65% | 11,238 | Common | SOLE |
| 880770102 | TER | Teradyne Inc | $1.9M | 0.65% | 17,020 | Common | SOLE |
| 92047W101 | VVV | Valvoline Inc | $1.9M | 0.65% | 42,704 | Common | SOLE |
| 023586506 | UHAL/B | U-Hual Holding Co-Non Voting p | $1.9M | 0.64% | 28,467 | Common | SOLE |
| 698813102 | PZZA | Papa Johns International Inc. | $1.8M | 0.61% | 26,861 | Common | SOLE |
| G0585R106 | AGO | Assured Guaranty Ltd | $1.8M | 0.60% | 20,360 | Common | SOLE |
| 46090E103 | QQQ | Invesco QQQ Trust Series 1 | $1.8M | 0.60% | 4,000 | CALL | SOLE |
| 29273V100 | ET | Energy Transfer LP UT Ltd Ptn | $1.7M | 0.59% | 110,500 | PUT | SOLE |
| 05561Q201 | BOKF | BOK Financial Corp | $1.7M | 0.58% | 18,542 | Common | SOLE |
| 446413106 | HII | Huntington Ingalls Industries | $1.7M | 0.56% | 5,680 | Common | SOLE |
| 293792107 | EPD | Enterprise Products Partners L | $1.6M | 0.56% | 56,502 | Common | SOLE |
| 05722G100 | BKR | Baker Hughes Co | $1.6M | 0.55% | 48,366 | Common | SOLE |
| P31076105 | CPA | Copa Holdings SA Cl A | $1.6M | 0.54% | 15,356 | Common | SOLE |
| 478160104 | JNJ | Johnson & Johnson | $1.6M | 0.54% | 10,063 | Common | SOLE |
| 31428X106 | FDX | FedEx Corp | $1.6M | 0.54% | 5,453 | Common | SOLE |
| 79466L302 | CRM | Salesforce Inc | $1.6M | 0.53% | 5,219 | Common | SOLE |
| 437076102 | HD | Home Depot Inc | $1.5M | 0.52% | 4,033 | Common | SOLE |
| 713448108 | PEP | PepsiCo Inc | $1.5M | 0.49% | 8,296 | Common | SOLE |
| 500754106 | KHC | Kraft Heinz Co | $1.4M | 0.49% | 39,285 | Common | SOLE |
| 31428X106 | FDX | FedEx Corp | $1.4M | 0.49% | 5,000 | PUT | SOLE |
| 533900106 | LECO | Lincoln Electric Holdings Inc | $1.4M | 0.48% | 5,571 | Common | SOLE |
| 29273V100 | ET | Energy Transfer LP UT Ltd Ptn | $1.4M | 0.48% | 90,407 | Common | SOLE |
| 172967424 | C | Citigroup Inc | $1.4M | 0.47% | 22,063 | Common | SOLE |
| 441593100 | HLI | Houlihan Lokey | $1.4M | 0.47% | 10,778 | Common | SOLE |
| 81762P102 | NOW | ServiceNow Inc | $1.4M | 0.47% | 1,809 | Common | SOLE |
| 595017104 | MCHP | Microchip Technology Inc | $1.3M | 0.45% | 14,896 | Common | SOLE |
| 516544103 | LNTH | Lantheus Holdings Inc. | $1.3M | 0.45% | 21,392 | Common | SOLE |
| 29415F104 | NVST | Envista Holdings Corporation | $1.3M | 0.45% | 61,953 | Common | SOLE |
| 464287630 | IWN | iShares Russell 2000 Value ETF | $1.3M | 0.45% | 8,279 | Common | SOLE |
| 59156R108 | MET | MetLife Inc | $1.3M | 0.44% | 17,544 | Common | SOLE |
| G1151C101 | ACN | Accenture PLC Ireland Class A | $1.3M | 0.43% | 3,681 | Common | SOLE |
| 825704109 | SIBN | SI-BONE, Inc. | $1.3M | 0.42% | 76,414 | Common | SOLE |
| 92826C839 | V | Visa Inc Cl A | $1.2M | 0.41% | 4,360 | Common | SOLE |
| 88162G103 | TTEK | Tetra Tech Inc. | $1.2M | 0.41% | 6,578 | Common | SOLE |
| 749685103 | RPM | RPM Intl Inc | $1.2M | 0.41% | 10,148 | Common | SOLE |
| 126408103 | CSX | CSX Corp | $1.2M | 0.41% | 32,514 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA Corp | $1.2M | 0.40% | 1,300 | CALL | SOLE |
| 872540109 | TJX | TJX Cos Inc | $1.2M | 0.39% | 11,474 | Common | SOLE |
| 060505104 | BAC | Bank of America Corp | $1.2M | 0.39% | 30,392 | Common | SOLE |
| 00724F101 | ADBE | Adobe Systems Incorporated | $1.1M | 0.39% | 2,267 | Common | SOLE |
| 949746101 | WMT2 | Wells Fargo & Co | $1.1M | 0.39% | 19,685 | Common | SOLE |
| 88579Y101 | MMM | 3M Co | $1.1M | 0.38% | 10,648 | Common | SOLE |
| 82489T104 | SWAVUSD | Shockwave Medical Inc. | $1.1M | 0.38% | 3,427 | Common | SOLE |
| 101137107 | BSX | Boston Scientific Corp | $1.1M | 0.38% | 16,184 | Common | SOLE |
| 635906100 | NHC | National Healthcare Corporatio | $1.1M | 0.37% | 11,617 | Common | SOLE |
| 62944T105 | NVR | NVR Inc | $1.1M | 0.37% | 133 | Common | SOLE |
| 00724F101 | ADBE | Adobe Systems Incorporated | $1.1M | 0.36% | 2,100 | PUT | SOLE |
| 79466L302 | CRM | Salesforce Inc | $1.1M | 0.36% | 3,500 | PUT | SOLE |
| 046353108 | AZNN | Astrazeneca Plc | $1.1M | 0.36% | 15,533 | Common | SOLE |
| 67059N108 | NTNX | Nutanix Inc Cl A | $1.0M | 0.36% | 17,000 | PUT | SOLE |
| 56146T103 | MAMA | Mama's Creations Inc | $1.0M | 0.35% | 206,064 | Common | SOLE |
| 74276L105 | PRCT | Procept Biorobotics Corp | $1.0M | 0.34% | 20,487 | Common | SOLE |
| 681116109 | OLLI | Ollie's Bargain Outlet Holding | $1.0M | 0.34% | 12,679 | Common | SOLE |
| 052769106 | ADSK | Autodesk Inc | $1.0M | 0.34% | 3,863 | Common | SOLE |
| 56117J100 | MBUU | Malibu Boats Inc Com Cl A | $998,470 | 0.34% | 23,070 | Common | SOLE |
| 898402102 | TRMK | Trustmark Corp | $984,890 | 0.33% | 35,037 | Common | SOLE |
| 38141G104 | GS | Goldman Sachs Group Inc/The | $967,788 | 0.33% | 2,317 | Common | SOLE |
| 872590104 | TMUS | T-Mobile US Inc | $959,407 | 0.33% | 5,878 | Common | SOLE |
| 15189T107 | CNP | CenterPoint Energy Inc | $957,264 | 0.32% | 33,600 | Common | SOLE |
| 811543107 | SEB | Seaboard Corp | $951,056 | 0.32% | 295 | Common | SOLE |
| M98068105 | WIX | Wix.com LTD | $936,926 | 0.32% | 6,815 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc Cl A | $905,580 | 0.31% | 6,000 | PUT | SOLE |
| 595017104 | MCHP | Microchip Technology Inc | $897,100 | 0.30% | 10,000 | PUT | SOLE |
| 244199105 | DE | Deere & Co | $889,663 | 0.30% | 2,166 | Common | SOLE |
| 800422107 | JBSS | Sanfilippo John B & Son Inc Co | $880,937 | 0.30% | 8,317 | Common | SOLE |
| 060505104 | BAC | Bank of America Corp | $853,200 | 0.29% | 22,500 | PUT | SOLE |
| 808513105 | SCHW | Charles Schwab Corp | $795,740 | 0.27% | 11,000 | PUT | SOLE |
| 172967424 | C | Citigroup Inc | $790,500 | 0.27% | 12,500 | PUT | SOLE |
| 70450Y103 | PYPL | Paypal Holdings Inc | $790,214 | 0.27% | 11,796 | Common | SOLE |
| G54950103 | LIN | Linde PLC Shs | $788,415 | 0.27% | 1,698 | Common | SOLE |
| 445658107 | JBHT | JB Hunt Transport Services Inc | $773,488 | 0.26% | 3,882 | Common | SOLE |
| 053611109 | AVY | Avery Dennison Corp | $771,552 | 0.26% | 3,456 | Common | SOLE |
| 09857L108 | BKNG | Booking Holdings Inc | $765,483 | 0.26% | 211 | Common | SOLE |
| G3075P101 | ESGRUSD | Enstar Group Ltd | $739,609 | 0.25% | 2,380 | Common | SOLE |
| G1110E107 | BHVN | Biohaven LTD | $692,594 | 0.23% | 12,664 | Common | SOLE |
| 828806109 | SPG | Simon Property Group Inc | $662,579 | 0.22% | 4,234 | Common | SOLE |
| 03674X106 | AR | Antero Resources Corp | $656,647 | 0.22% | 22,643 | Common | SOLE |
| 56600D107 | MRVI | Maravai Lifesciences Holdings- | $644,328 | 0.22% | 74,317 | Common | SOLE |
| 882508104 | TXN | Texas Instruments Inc | $613,742 | 0.21% | 3,523 | Common | SOLE |
| 90353T100 | UBER | Uber Technologies Inc | $580,659 | 0.20% | 7,542 | Common | SOLE |
| 949746101 | WMT2 | Wells Fargo & Co | $579,600 | 0.20% | 10,000 | PUT | SOLE |
| 77313F106 | RCKT | Rocket Pharmaceuticals, Inc. | $559,625 | 0.19% | 20,773 | Common | SOLE |
| 46625H100 | JPM | JP Morgan Chase & Co | $535,802 | 0.18% | 2,675 | Common | SOLE |
| 036752103 | ELV | Elevance Health Inc | $533,578 | 0.18% | 1,029 | Common | SOLE |
| 80874P109 | LNWO | Light & Wonder Inc. | $510,450 | 0.17% | 5,000 | PUT | SOLE |
| 62482R107 | 07WA | Mr Cooper Group Inc | $479,081 | 0.16% | 6,146 | Common | SOLE |
| 83200N103 | SMARGBP | Smartsheet Inc Cl A | $473,203 | 0.16% | 12,291 | Common | SOLE |
| 731068102 | PII | Polaris Inc Com | $464,056 | 0.16% | 4,635 | Common | SOLE |
| 655844108 | NSC | Norfolk Southern Corp | $459,785 | 0.16% | 1,804 | Common | SOLE |
| 20030N101 | CMCSA | Comcast Corp Cl A | $444,554 | 0.15% | 10,255 | Common | SOLE |
| 98138H101 | WDAY | Workday Inc Cl A | $443,764 | 0.15% | 1,627 | Common | SOLE |
| 229899109 | CFR | Cullen/Frost Bankers Inc | $440,599 | 0.15% | 3,914 | Common | SOLE |
| 668074305 | NWE | NorthWestern Energy Group, Inc | $419,510 | 0.14% | 8,237 | Common | SOLE |
| 83200N103 | SMARGBP | Smartsheet Inc Cl A | $385,000 | 0.13% | 10,000 | PUT | SOLE |
| 372460105 | GPC | Genuine Parts Co | $381,283 | 0.13% | 2,461 | Common | SOLE |
| 756109104 | O | Realty Income Corp | $380,702 | 0.13% | 7,037 | Common | SOLE |
| N53745100 | LYB | LyondellBasell Industries NV | $371,890 | 0.13% | 3,636 | Common | SOLE |
| G76279101 | ROIV | Roivant Sciences, Inc. | $341,348 | 0.12% | 32,386 | Common | SOLE |
| 55336V100 | MPLX | MPLX LP | $334,142 | 0.11% | 8,040 | Common | SOLE |
| 681919106 | OMC | Omnicom Group Inc | $333,532 | 0.11% | 3,447 | Common | SOLE |
| 654106103 | NKE | Nike Inc Cl B | $332,313 | 0.11% | 3,536 | Common | SOLE |
| 031162100 | AMGN | Amgen Inc | $330,664 | 0.11% | 1,163 | Common | SOLE |
| G51502105 | JCI | Johnson Controls Intl PLC | $315,104 | 0.11% | 4,824 | Common | SOLE |
| 683344105 | ONTO | ONTO Innovation Inc. | $304,758 | 0.10% | 1,683 | Common | SOLE |
| 609207105 | MDLZ | Mondelez Intl Inc Cl A | $301,770 | 0.10% | 4,311 | Common | SOLE |
| 026874784 | AIG | American Intl Group Inc | $280,943 | 0.10% | 3,594 | Common | SOLE |
| G2143T103 | CMPR | Cimpress PLC Euro | $264,379 | 0.09% | 2,987 | Common | SOLE |
| 95082P105 | WCC | Wesco Intl Inc | $253,494 | 0.09% | 1,480 | Common | SOLE |
| 191216100 | KO | Coca-Cola Co | $236,032 | 0.08% | 3,858 | Common | SOLE |
| 589400100 | MCY | Mercury General Corp | $226,885 | 0.08% | 4,397 | Common | SOLE |
| 00846U101 | A | Agilent Technologies Inc | $206,479 | 0.07% | 1,419 | Common | SOLE |
| 48251W104 | KKR | KKR & Co Inc Cl A | $202,065 | 0.07% | 2,009 | Common | SOLE |
| 46090E103 | QQQ | Invesco QQQ Trust Series 1 | $67,046 | 0.02% | 151 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA Corp | $49,696 | 0.02% | 55 | 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.