Q1 2026 · 13F-HR
VELA Investment Management, LLCholdings as filed
Filed 2026-05-08 · accession 0001895612-26-000004
$436.1M
Reported value
174
Positions
2026-03-31
Period end
The Brief · VELA Investment Management, LLC · Q1 2026
AI · grounded in 13F
VELA Investment Management, LLC closed its position in State Street Spdr S&P 500 Etf SPY, reducing exposure by $7.04M. The fund also exited positions in Teradyne Inc TER and SPDR Gold Shares GLD, totaling $4.27M and $3.57M respectively. On the buy side, the manager established new positions in Equifax Inc EFX for $3.72M and Interparfums Inc IPAR for $3.61M. Additionally, the fund increased its holdings in Worthington Inc WOR by 177.26%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 497266106 | KEX | Kirby Corp | $19.1M | 4.39% | 143,898 | Common | SOLE |
| 226718104 | CRTO | Criteo SA | $14.7M | 3.38% | 822,470 | Common | SOLE |
| M98068105 | WIX | Wix.com Ltd | $11.4M | 2.60% | 126,065 | Common | SOLE |
| 981811102 | WOR | Worthington Inc | $11.3M | 2.60% | 217,109 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway Inc Cl B | $11.1M | 2.56% | 23,262 | Common | SOLE |
| 443320106 | HUBG | Hub Group Inc | $11.0M | 2.51% | 304,159 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc | $10.6M | 2.42% | 36,761 | Common | SOLE |
| 023135106 | AMZN | Amazon.com Inc | $9.1M | 2.09% | 43,669 | Common | SOLE |
| 533900106 | LECO | Lincoln Electric Holdings Inc | $8.6M | 1.98% | 34,635 | Common | SOLE |
| 73278L105 | POOL | Pool Corp | $7.6M | 1.73% | 37,320 | Common | SOLE |
| 126408103 | CSX | CSX Corp | $7.5M | 1.72% | 182,572 | Common | SOLE |
| 478160104 | JNJ | Johnson & Johnson | $7.3M | 1.67% | 29,860 | Common | SOLE |
| 142339100 | CSL | Carlisle Cos Inc | $7.0M | 1.61% | 21,006 | Common | SOLE |
| 127203107 | WHD | Cactus Inc. A | $6.9M | 1.57% | 144,703 | Common | SOLE |
| G0450A105 | ACGL | Arch Capital Group Ltd | $6.2M | 1.42% | 64,646 | Common | SOLE |
| 426281101 | JKHY | Henry Jack & Assoc Inc | $6.0M | 1.36% | 37,661 | Common | SOLE |
| 626755102 | MUSA | Murphy USA Inc. | $5.9M | 1.35% | 11,932 | Common | SOLE |
| 254687106 | DIS | Walt Disney Co/The | $5.9M | 1.35% | 61,015 | Common | SOLE |
| G1151C101 | ACN | Accenture PLC | $5.4M | 1.23% | 27,033 | Common | SOLE |
| 713448108 | PEP | PepsiCo Inc | $5.2M | 1.19% | 33,343 | Common | SOLE |
| 393657101 | GBX | Greenbrier Cos Inc/The | $5.0M | 1.15% | 95,269 | Common | SOLE |
| G0692U109 | AXS | Axis Capital Holdings Ltd | $4.9M | 1.12% | 48,036 | Common | SOLE |
| 883556102 | TMO | Thermo Fisher Scientific Inc | $4.7M | 1.09% | 9,654 | Common | SOLE |
| 047726302 | BATRK | Atlanta Braves Holdings Inc | $4.7M | 1.07% | 109,086 | Common | SOLE |
| 384637104 | GHC | Graham Holdings Co | $4.6M | 1.05% | 4,323 | Common | SOLE |
| P31076105 | CPA | Copa Holdings SA | $4.5M | 1.04% | 39,802 | Common | SOLE |
| 03674X106 | AR | Antero Resources Corp | $4.4M | 1.02% | 104,486 | Common | SOLE |
| 624580106 | MOV | Movado Group PLC | $4.4M | 1.00% | 179,400 | Common | SOLE |
| 375916103 | GIL | Gildan Activewear Inc | $4.2M | 0.97% | 75,770 | Common | SOLE |
| 866683105 | SNCY | Sun Country Airlines Holding | $4.0M | 0.92% | 243,658 | Common | SOLE |
| 011532108 | AGI | Alamos Gold Inc | $3.9M | 0.89% | 87,648 | Common | SOLE |
| 871829107 | SYY | Sysco Corp | $3.8M | 0.86% | 52,773 | Common | SOLE |
| 294429105 | EFX | Equifax Inc | $3.7M | 0.85% | 20,635 | Common | SOLE |
| 92047W101 | VVV | Valvoline Inc | $3.7M | 0.84% | 108,766 | Common | SOLE |
| 09857L108 | BKNG | Booking Holdings Inc | $3.6M | 0.84% | 865 | Common | SOLE |
| 116794108 | BRKR | Bruker Corp | $3.6M | 0.83% | 100,526 | Common | SOLE |
| 458334109 | IPAR | Interparfums Inc | $3.6M | 0.83% | 39,724 | Common | SOLE |
| 29414B104 | EPAM | EPAM Systems Inc | $3.6M | 0.82% | 26,399 | Common | SOLE |
| 03820C105 | AIT | Applied Industrial Technologie | $3.5M | 0.81% | 13,317 | Common | SOLE |
| 513272104 | LW | Lamb Weston Holdings Inc | $3.4M | 0.78% | 80,739 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp | $3.4M | 0.78% | 9,199 | Common | SOLE |
| 016255101 | ALGN | Align Technology Inc | $3.4M | 0.77% | 19,705 | Common | SOLE |
| 53263P105 | LMB | Limbach Holdings Inc. | $3.4M | 0.77% | 43,106 | Common | SOLE |
| 71377A103 | PFGC | Performance Food Group Co | $3.4M | 0.77% | 39,173 | Common | SOLE |
| 636180101 | NFG | National Fuel Gas Co NJ | $3.3M | 0.76% | 35,064 | Common | SOLE |
| 29261A100 | EHC | Encompass Health Corp | $3.2M | 0.73% | 33,052 | Common | SOLE |
| G0585R106 | AGO | Assured Guaranty Ltd | $2.9M | 0.67% | 35,791 | Common | SOLE |
| 88642R109 | TDW | Tidewater Inc | $2.9M | 0.66% | 34,509 | Common | SOLE |
| 829073105 | SSD | Simpson Manufacturing Co Inc. | $2.8M | 0.64% | 16,380 | Common | SOLE |
| 74317M104 | PAL | Proficient Auto Logistics Inc | $2.8M | 0.64% | 412,605 | Common | SOLE |
| 693506107 | PPG | PPG Industries Inc | $2.8M | 0.64% | 26,163 | Common | SOLE |
| 75281A109 | RRC | Range Resources Corp | $2.7M | 0.63% | 60,750 | Common | SOLE |
| 874039100 | TSM | Taiwan Semiconductor Mfg Ltd S | $2.7M | 0.62% | 8,000 | CALL | SOLE |
| 868459108 | SUPN | Supernus Pharmaceuticals Inc. | $2.7M | 0.61% | 51,611 | Common | SOLE |
| 891092108 | TTC | Toro Co | $2.7M | 0.61% | 28,462 | Common | SOLE |
| 867224107 | SU | Suncor Energy Inc | $2.6M | 0.59% | 38,771 | Common | SOLE |
| 47103N106 | JBI | Janus International Group IN | $2.5M | 0.58% | 494,196 | Common | SOLE |
| 29786A106 | ETSY | Etsy Inc | $2.5M | 0.57% | 49,440 | Common | SOLE |
| 82452J109 | FOUR | Shift 4 Payments Inc. Cl A | $2.5M | 0.56% | 56,097 | Common | SOLE |
| 313148306 | AGM | Federal Agric Mtg Corp Cl C | $2.4M | 0.56% | 16,356 | Common | SOLE |
| 825704109 | SIBN | SI-BONE Inc | $2.4M | 0.54% | 187,160 | Common | SOLE |
| G3198U102 | ESNT | Essent Group LTD | $2.4M | 0.54% | 40,242 | Common | SOLE |
| 379577208 | GMED | Globus Med Inc Cl A | $2.3M | 0.53% | 27,037 | Common | SOLE |
| 441593100 | HLI | Houlihan Lokey Inc | $2.3M | 0.53% | 16,130 | Common | SOLE |
| 457030104 | IMKTA | Ingles Markets Inc. - Class A | $2.3M | 0.52% | 25,163 | Common | SOLE |
| 91324P102 | UNH | UnitedHealth Group Inc | $2.2M | 0.50% | 8,000 | CALL | SOLE |
| 002824100 | ABT | Abbott Laboratories | $2.1M | 0.49% | 20,786 | Common | SOLE |
| 172967424 | C | Citigroup Inc | $2.1M | 0.48% | 18,500 | PUT | SOLE |
| 023135106 | AMZN | Amazon.com Inc | $2.1M | 0.48% | 10,000 | PUT | SOLE |
| 45780R101 | IBP | Installed Bldg Prods Inc | $2.1M | 0.48% | 7,843 | Common | SOLE |
| 05577W200 | DOO | BRP INC/CA- Sub-Voting | $2.0M | 0.46% | 28,202 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc | $2.0M | 0.46% | 7,000 | PUT | SOLE |
| 05722G100 | BKR | Baker Hughes Co | $1.9M | 0.44% | 31,764 | Common | SOLE |
| 191098102 | COKE | Coca-Cola Consolidated Inc | $1.9M | 0.43% | 9,874 | Common | SOLE |
| 81369Y506 | XLE | Energy Select Sector SPDR Fund | $1.8M | 0.42% | 30,000 | PUT | SOLE |
| 98978V103 | ZTS | Zoetis Inc | $1.8M | 0.42% | 15,528 | Common | SOLE |
| 74276L105 | PRCT | PROCEPT BioRobotics Corp | $1.8M | 0.42% | 73,039 | Common | SOLE |
| G6564A105 | NOMD | Nomad Foods LTD | $1.8M | 0.41% | 187,000 | Common | SOLE |
| 59156R108 | MET | MetLife Inc | $1.8M | 0.41% | 25,096 | Common | SOLE |
| 56146T103 | MAMA | Mama's Creations Inc | $1.8M | 0.41% | 115,696 | Common | SOLE |
| 478160104 | JNJ | Johnson & Johnson | $1.7M | 0.39% | 7,000 | PUT | SOLE |
| 79466L302 | CRM | Salesforce Inc | $1.7M | 0.39% | 9,107 | Common | SOLE |
| F92124100 | TTE | TotalEnergies SE | $1.7M | 0.38% | 18,000 | Common | SOLE |
| 30303M102 | META | Meta Platforms Inc | $1.7M | 0.38% | 2,929 | Common | SOLE |
| 219948106 | CPAY | Corpay Inc | $1.7M | 0.38% | 5,757 | Common | SOLE |
| 172967424 | C | Citigroup Inc | $1.6M | 0.37% | 14,097 | Common | SOLE |
| L44385109 | GLOB | Globant SA | $1.6M | 0.36% | 34,100 | Common | SOLE |
| 64110Y108 | NLOP | Net Lease Office Properties | $1.5M | 0.35% | 133,780 | Common | SOLE |
| 00214Q104 | ARKK | ARK Innovation ETF | $1.5M | 0.35% | 22,500 | PUT | SOLE |
| 243537107 | DECK | Deckers Outdoor Corp. | $1.5M | 0.34% | 15,000 | PUT | SOLE |
| 78463M107 | SPSC | SPS Commerce Inc | $1.5M | 0.34% | 26,652 | Common | SOLE |
| 872540109 | TJX | TJX Cos Inc/The | $1.4M | 0.32% | 8,805 | Common | SOLE |
| G0896C103 | TBBB | BBB Foods Inc | $1.4M | 0.32% | 39,100 | Common | SOLE |
| G0457F107 | ARCO | Arcos Dorados Holdings Inc. -A | $1.4M | 0.32% | 167,400 | Common | SOLE |
| 016255101 | ALGN | Align Technology Inc | $1.4M | 0.31% | 8,000 | PUT | SOLE |
| 65473P105 | NI | NiSource Inc | $1.4M | 0.31% | 29,031 | Common | SOLE |
| G0593M107 | AZN | ASTRAZENECA PLC | $1.3M | 0.30% | 6,592 | Common | SOLE |
| 437076102 | HD | Home Depot Inc/The | $1.3M | 0.30% | 3,927 | Common | SOLE |
| 92826C839 | V | Visa Inc | $1.3M | 0.29% | 4,239 | Common | SOLE |
| 902494103 | TSN | Tyson Foods Inc | $1.3M | 0.29% | 19,948 | Common | SOLE |
| 30303M102 | META | Meta Platforms Inc | $1.3M | 0.29% | 2,200 | PUT | SOLE |
| 654106103 | NKE | NIKE Inc | $1.3M | 0.29% | 23,672 | Common | SOLE |
| 060505104 | BAC | Bank of America Corp | $1.2M | 0.28% | 25,065 | Common | SOLE |
| 05722G100 | BKR | Baker Hughes Co | $1.2M | 0.28% | 20,000 | PUT | SOLE |
| 060505104 | BAC | Bank of America Corp | $1.2M | 0.28% | 25,000 | PUT | SOLE |
| 052769106 | ADSK | Autodesk Inc | $1.2M | 0.28% | 5,028 | Common | SOLE |
| 808513105 | SCHW | Charles Schwab Corp/The | $1.2M | 0.27% | 12,426 | Common | SOLE |
| 88579Y101 | MMM | 3M Co | $1.2M | 0.27% | 8,000 | PUT | SOLE |
| 05605H100 | BWXT | BWX Technologies Inc | $1.1M | 0.26% | 5,561 | Common | SOLE |
| 872540109 | TJX | TJX Cos Inc/The | $1.1M | 0.26% | 7,000 | PUT | SOLE |
| 594918104 | MSFT | Microsoft Corp | $1.1M | 0.25% | 3,000 | PUT | SOLE |
| 88579Y101 | MMM | 3M Co | $1.1M | 0.25% | 7,417 | Common | SOLE |
| 31428X106 | FDX | FedEx Corp | $1.1M | 0.25% | 3,000 | PUT | SOLE |
| 243537107 | DECK | Deckers Outdoor Corp. | $1.0M | 0.24% | 10,376 | Common | SOLE |
| 81762P102 | NOW | ServiceNow Inc | $989,879 | 0.23% | 9,468 | Common | SOLE |
| 31428X106 | FDX | FedEx Corp | $974,508 | 0.22% | 2,736 | Common | SOLE |
| 052769106 | ADSK | Autodesk Inc | $957,600 | 0.22% | 4,000 | PUT | SOLE |
| 29414B104 | EPAM | EPAM Systems Inc | $947,800 | 0.22% | 7,000 | PUT | SOLE |
| 55336V100 | MPLX | MPLX LP | $942,397 | 0.22% | 16,513 | Common | SOLE |
| 462222100 | IONS | Ionis Pharmaceuticals Inc | $938,625 | 0.22% | 12,500 | CALL | SOLE |
| 79466L302 | CRM | Salesforce Inc | $933,350 | 0.21% | 5,000 | PUT | SOLE |
| 244199105 | DE | Deere & Co | $924,375 | 0.21% | 1,641 | Common | SOLE |
| M98068105 | WIX | Wix.com Ltd | $909,707 | 0.21% | 10,100 | CALL | SOLE |
| 90353T100 | UBER | Uber Technologies Inc | $869,778 | 0.20% | 12,092 | Common | SOLE |
| 09857L108 | BKNG | Booking Holdings Inc | $842,064 | 0.19% | 200 | PUT | SOLE |
| 81762P102 | NOW | ServiceNow Inc | $836,400 | 0.19% | 8,000 | PUT | SOLE |
| 126408103 | CSX | CSX Corp | $821,000 | 0.19% | 20,000 | PUT | SOLE |
| 46428Q109 | SLV | iShares Silver Trust | $817,680 | 0.19% | 12,000 | PUT | SOLE |
| 654106103 | NKE | NIKE Inc | $792,300 | 0.18% | 15,000 | PUT | SOLE |
| 026874784 | AIG | American Intl Group Inc | $752,500 | 0.17% | 10,000 | CALL | SOLE |
| 31620M106 | FIS | Fidelity National Information | $733,344 | 0.17% | 15,633 | Common | SOLE |
| M98068105 | WIX | Wix.com Ltd | $720,560 | 0.17% | 8,000 | PUT | SOLE |
| 90353T100 | UBER | Uber Technologies Inc | $719,300 | 0.16% | 10,000 | PUT | SOLE |
| 91879Q109 | MTN | Vail Resorts Inc | $715,256 | 0.16% | 5,574 | Common | SOLE |
| 59156R108 | MET | MetLife Inc | $707,200 | 0.16% | 10,000 | PUT | SOLE |
| 666807102 | NOC | Northrop Grumman Corp | $613,334 | 0.14% | 899 | Common | SOLE |
| 02079K107 | GOOG | Alphabet Inc | $589,784 | 0.14% | 2,056 | Common | SOLE |
| 48251W104 | KKR | KKR & Co Inc Cl A | $583,675 | 0.13% | 6,310 | Common | SOLE |
| G5960L103 | MDT | Medtronic PLC | $579,342 | 0.13% | 6,686 | Common | SOLE |
| 70450Y103 | PYPL | PayPal Holdings Inc | $565,375 | 0.13% | 12,500 | CALL | SOLE |
| 64110L106 | NFLX | Netflix Inc | $552,382 | 0.13% | 5,745 | Common | SOLE |
| 00287Y109 | ABBV | AbbVie Inc | $533,720 | 0.12% | 2,454 | Common | SOLE |
| 497266106 | KEX | Kirby Corp | $531,520 | 0.12% | 4,000 | PUT | SOLE |
| 828806109 | SPG | Simon Property Group Inc | $504,564 | 0.12% | 2,705 | Common | SOLE |
| 09581B103 | OWL | BLUE OWL CAPITAL INC | $502,150 | 0.12% | 55,000 | PUT | SOLE |
| 77311W101 | RKT | Rocket Cos Inc Cl A | $496,983 | 0.11% | 34,876 | Common | SOLE |
| 32055Y201 | FIBK | First Interstate Bancsys-A | $487,673 | 0.11% | 14,601 | Common | SOLE |
| 57636Q104 | MA | MasterCard Incorporated Cl A | $478,674 | 0.11% | 958 | Common | SOLE |
| 101121101 | BXP | Boston Properties Inc | $474,729 | 0.11% | 9,147 | Common | SOLE |
| 25754A201 | DPZ | Dominos Pizza Inc | $473,244 | 0.11% | 1,319 | Common | SOLE |
| 48251W104 | KKR | KKR & Co Inc Cl A | $462,500 | 0.11% | 5,000 | PUT | SOLE |
| 907818108 | UNP | Union Pacific Corp | $427,254 | 0.10% | 1,761 | Common | SOLE |
| G54950103 | LIN | Linde PLC Shs | $425,858 | 0.10% | 859 | Common | SOLE |
| 20030N101 | CMCSA | Comcast Corp | $355,803 | 0.08% | 12,393 | Common | SOLE |
| H2906T109 | GRMN | Garmin Ltd | $350,335 | 0.08% | 1,510 | Common | SOLE |
| 855244109 | SBUX | Starbucks Corp | $347,126 | 0.08% | 3,875 | Common | SOLE |
| 05464T104 | AXSM | Axsome Therapeutics Inc. | $338,040 | 0.08% | 2,000 | CALL | SOLE |
| 007903107 | AMD | Advanced Micro Devices Inc | $322,233 | 0.07% | 1,584 | Common | SOLE |
| 82452J307 | FOUR 6 05/01/28 | Shift4 Payments Inc. | $321,840 | 0.07% | 6,000 | Common | SOLE |
| 343498101 | FLO | Flowers Foods Inc | $307,671 | 0.07% | 37,751 | Common | SOLE |
| 989207105 | ZBRA | Zebra Technologies Corp Cl A | $296,475 | 0.07% | 1,418 | Common | SOLE |
| 609207105 | MDLZ | Mondelez International Inc | $295,002 | 0.07% | 5,118 | Common | SOLE |
| 95082P105 | WCC | Wesco Intl Inc | $290,037 | 0.07% | 1,060 | Common | SOLE |
| G0450A105 | ACGL | Arch Capital Group Ltd | $287,970 | 0.07% | 3,000 | PUT | SOLE |
| 115236101 | BRO | Brown & Brown Inc | $259,666 | 0.06% | 3,982 | Common | SOLE |
| 922908363 | VOO | Vanguard S&P 500 ETF | $258,837 | 0.06% | 433 | Common | SOLE |
| 922908769 | VTI | Vanguard Total Stock Market In | $255,686 | 0.06% | 797 | Common | SOLE |
| G4705A100 | ICLR | Icon Plc | $220,656 | 0.05% | 1,994 | Common | SOLE |
| 00287Y109 | ABBV | AbbVie Inc | $217,490 | 0.05% | 1,000 | PUT | SOLE |
| G2143T103 | CMPR | Cimpress PLC Euro | $200,239 | 0.05% | 2,743 | Common | SOLE |
| 026874784 | AIG | American Intl Group Inc | $91,579 | 0.02% | 1,217 | Common | SOLE |
| 91060H108 | UHG | United Homes Group Inc. CL A | $64,960 | 0.01% | 56,000 | Common | SOLE |
| 81369Y506 | XLE | Energy Select Sector SPDR Fund | $44,352 | 0.01% | 724 | Common | SOLE |
| 91324P102 | UNH | UnitedHealth Group Inc | $2,976 | 0.00% | 11 | 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.