VELA Investment Management
NEW ALBANY, OHfiles as VELA Investment Management, LLC
$407m in 132 US stocks at the end of 30 June 2026. The top 10 are 28.1% of the money. It changed about 12.8% of the portfolio this quarter.
Value
$407m
Stocks
132
Top 10 share
28.1%
Turnover
12.8%
What changed this quarter
New
Bought for the first time this quarter.
- Zebra TechnologiesZBRA1.4% of the fund
- Allegiant TravelALGT1.1% of the fund
- MSC Industrial DirectMSM0.9% of the fund
- Ollie's Bargain Outlet HoldingsOLLI0.5% of the fund
- CopartCPRT0.4% of the fund
- NVRNVR0.1% of the fund
- Sherwin-WilliamsSHW0.1% of the fund
- HersheyHSY<0.1% of the fund
- TeradyneTER<0.1% of the fund
- Axsome TherapeuticsAXSM<0.1% of the fund
- Roivant SciencesROIV<0.1% of the fund
- FedEx Freight Holding CompanyFDXF<0.1% of the fund
- Palantir TechnologiesPLTR<0.1% of the fund
Added
Bought more of a stock they already held.
- Worthington EnterprisesWOR2.9% of the fund+5%
- Jack Henry & AssociatesJKHY2.2% of the fund+77%
- Carlisle CompaniesCSL2.0% of the fund+9%
- CactusWHD1.8% of the fund+3%
- Walt DisneyDIS1.6% of the fund+12%
- Thermo Fisher ScientificTMO1.4% of the fund+16%
- Axis Capital HoldingsAXS1.4% of the fund+7%
- Gildan ActivewearGIL1.3% of the fund+44%
- Abbott LaboratoriesABT1.2% of the fund+164%
- Encompass HealthEHC1.2% of the fund+54%
- InterparfumsIPAR1.2% of the fund+10%
- PepsiCoPEP1.1% of the fund+4%
- Greenbrier CompaniesGBX1.1% of the fund+3%
- Antero ResourcesAR1.1% of the fund+27%
- Booking HoldingsBKNG1.0% of the fund+11%
- Simpson ManufacturingSSD1.0% of the fund+20%
- EquifaxEFX1.0% of the fund+26%
- Align TechnologyALGN0.9% of the fund+15%
- MicrosoftMSFT0.9% of the fund+5%
- National Fuel GasNFG0.9% of the fund+34%
- Proficient Auto LogisticsPAL0.9% of the fund+24%
- Limbach HoldingsLMB0.9% of the fund+9%
- Houlihan LokeyHLI0.8% of the fund+62%
- Federal Agricultural MortgageAGM0.8% of the fund+6%
- Si-BoneSIBN0.8% of the fund+7%
Cut
Sold some of their stake.
- KirbyKEX4.3% of the fund-9%
- CriteoCRTO3.4% of the fund-6%
- AlphabetGOOGL2.9% of the fund-10%
- Hub GroupHUBG2.8% of the fund-13%
- Amazon.comAMZN2.4% of the fund-6%
- CSXCSX1.9% of the fund-9%
- PoolPOOL1.7% of the fund-9%
- Johnson & JohnsonJNJ1.6% of the fund-12%
- Murphy USAMUSA1.2% of the fund-19%
- BrukerBRKR1.1% of the fund-23%
- Movado GroupMOV1.1% of the fund-38%
- Applied Industrial TechnologiesAIT0.9% of the fund-17%
- PPG IndustriesPPG0.7% of the fund-12%
- AccentureACN0.6% of the fund-32%
- Suncor EnergySU0.5% of the fund-5%
- Ingles MarketsIMKTA0.4% of the fund-24%
- Nomad FoodsNOMD0.4% of the fund-18%
- Alamos GoldAGI0.4% of the fund-39%
- Meta PlatformsMETA0.4% of the fund-6%
- CitigroupC0.4% of the fund-22%
- TJX CompaniesTJX0.3% of the fund-11%
- SalesforceCRM0.3% of the fund-23%
- AstrazenecaAZN0.2% of the fund-26%
- Advanced Micro DevicesAMD0.2% of the fund-9%
- AlphabetGOOG0.2% of the fund-2%
Sold out
Sold their entire stake.
- Wix.comWIX-100%
- Sun Ctry Airls HldgsSNCY-100%
- SyscoSYY-100%
- Janus International GroupJBI-100%
- Net Lease Office PropertiesNLOP-100%
- NikeNKE-100%
- BWX TechnologiesBWXT-100%
- StarbucksSBUX-100%
- Flowers FoodsFLO-100%
- Mondelez InternationalMDLZ-100%
- Vanguard Index FDSVTI-100%
- American International GroupAIG-100%
- United Homes GroupUHG-100%
- Select Sector Spdr TRXLE-100%
- UnitedHealth GroupUNH-100%
Holdings
- Hub GroupHUBG
- Share
- 2.8%
- Value
- $11m
- Shares
- 259,419
-13%
- Gildan ActivewearGIL
- Share
- 1.3%
- Value
- $5m
- Shares
- 104,710
+44%
- BRPDOO
- Share
- 0.7%
- Value
- $3m
- Shares
- 43,737
+61%
- Suncor EnergySU
- Share
- 0.5%
- Value
- $2m
- Shares
- 36,792
-5%
- Alamos GoldAGI
- Share
- 0.4%
- Value
- $2m
- Shares
- 53,000
-39%
- Mplx LPMPLX
- Share
- 0.3%
- Value
- $1m
- Shares
- 18,164
+10%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| KirbyKEX | 4.3% | $17m | 128,374 | -9% |
| CriteoCRTO | 3.4% | $14m | 761,210 | -6% |
| Worthington EnterprisesWOR | 2.9% | $12m | 222,561 | +5% |
| AlphabetGOOGL | 2.9% | $12m | 33,113 | -10% |
| Berkshire HathawayBRK-B | 2.9% | $12m | 23,618 | Held |
| Hub GroupHUBG | 2.8% | $11m | 259,419 | -13% |
| Amazon.comAMZN | 2.4% | $10m | 40,856 | -6% |
| Lincoln Electric HoldingsLECO | 2.2% | $9m | 34,079 | Held |
| Jack Henry & AssociatesJKHY | 2.2% | $9m | 65,260 | +77% |
| Carlisle CompaniesCSL | 2.0% | $8m | 22,178 | +9% |
| CSXCSX | 1.9% | $8m | 165,693 | -9% |
| CactusWHD | 1.8% | $7m | 145,421 | +3% |
| PoolPOOL | 1.7% | $7m | 33,118 | -9% |
| Johnson & JohnsonJNJ | 1.6% | $7m | 26,143 | -12% |
| Walt DisneyDIS | 1.6% | $7m | 68,580 | +12% |
| Copa HoldingsCPA | 1.5% | $6m | 39,119 | Held |
| Arch Capital GroupACGL | 1.5% | $6m | 62,029 | Held |
| Zebra TechnologiesZBRA | 1.4% | $6m | 21,281 | New |
| Thermo Fisher ScientificTMO | 1.4% | $6m | 11,167 | +16% |
| Axis Capital HoldingsAXS | 1.4% | $6m | 51,510 | +7% |
| Atlanta Braves HoldingsBATRK | 1.3% | $5m | 104,575 | Held |
| Gildan ActivewearGIL | 1.3% | $5m | 104,710 | +44% |
| Murphy USAMUSA | 1.2% | $5m | 9,391 | -19% |
| Abbott LaboratoriesABT | 1.2% | $5m | 54,892 | +164% |
| Encompass HealthEHC | 1.2% | $5m | 48,991 | +54% |
| Graham HoldingsGHC | 1.2% | $5m | 4,288 | Held |
| InterparfumsIPAR | 1.2% | $5m | 42,301 | +10% |
| PepsiCoPEP | 1.1% | $5m | 34,544 | +4% |
| Greenbrier CompaniesGBX | 1.1% | $5m | 94,828 | +3% |
| Antero ResourcesAR | 1.1% | $5m | 128,815 | +27% |
| BrukerBRKR | 1.1% | $5m | 74,924 | -23% |
| Allegiant TravelALGT | 1.1% | $4m | 37,934 | New |
| Movado GroupMOV | 1.1% | $4m | 111,318 | -38% |
| Performance Food GroupPFGC | 1.1% | $4m | 38,902 | Held |
| Booking HoldingsBKNG | 1.0% | $4m | 23,966 | +11% |
| ValvolineVVV | 1.0% | $4m | 104,788 | Held |
| Simpson ManufacturingSSD | 1.0% | $4m | 18,973 | +20% |
| EquifaxEFX | 1.0% | $4m | 24,643 | +26% |
| MSC Industrial DirectMSM | 0.9% | $4m | 31,854 | New |
| Align TechnologyALGN | 0.9% | $4m | 22,015 | +15% |
| Applied Industrial TechnologiesAIT | 0.9% | $4m | 10,777 | -17% |
| EtsyETSY | 0.9% | $4m | 47,833 | Held |
| MicrosoftMSFT | 0.9% | $4m | 9,618 | +5% |
| National Fuel GasNFG | 0.9% | $3m | 45,298 | +34% |
| Proficient Auto LogisticsPAL | 0.9% | $3m | 510,840 | +24% |
| Limbach HoldingsLMB | 0.9% | $3m | 45,166 | +9% |
| Houlihan LokeyHLI | 0.8% | $3m | 25,348 | +62% |
| Lamb Weston HoldingsLW | 0.8% | $3m | 78,694 | Held |
| Federal Agricultural MortgageAGM | 0.8% | $3m | 16,648 | +6% |
| Si-BoneSIBN | 0.8% | $3m | 201,094 | +7% |
| EPAM SystemsEPAM | 0.7% | $3m | 38,075 | +49% |
| ToroTTC | 0.7% | $3m | 30,136 | +10% |
| Supernus PharmaceuticalsSUPN | 0.7% | $3m | 61,703 | +25% |
| Assured GuarantyAGO | 0.7% | $3m | 34,892 | Held |
| BRPDOO | 0.7% | $3m | 43,737 | +61% |
| Range ResourcesRRC | 0.7% | $3m | 71,716 | +23% |
| PPG IndustriesPPG | 0.7% | $3m | 21,889 | -12% |
| TidewaterTDW | 0.6% | $3m | 38,540 | +18% |
| PROCEPT BioRoboticsPRCT | 0.6% | $3m | 113,722 | +62% |
| Essent GroupESNT | 0.6% | $3m | 39,299 | Held |
| AccentureACN | 0.6% | $2m | 18,276 | -32% |
| Globus MedicalGMED | 0.5% | $2m | 27,221 | +3% |
| IconICLR | 0.5% | $2m | 12,192 | +511% |
| MetLifeMET | 0.5% | $2m | 25,028 | Held |
| Mama's CreationsMAMA | 0.5% | $2m | 115,414 | Held |
| Suncor EnergySU | 0.5% | $2m | 36,792 | -5% |
| Installed Building ProductsIBP | 0.5% | $2m | 8,391 | +7% |
| Ollie's Bargain Outlet HoldingsOLLI | 0.5% | $2m | 24,136 | New |
| Coca-Cola ConsolidatedCOKE | 0.5% | $2m | 9,591 | Held |
| CorpayCPAY | 0.4% | $2m | 5,368 | Held |
| Baker HughesBKR | 0.4% | $2m | 31,764 | Held |
| BBB FoodsTBBB | 0.4% | $2m | 41,600 | +6% |
| Ingles MarketsIMKTA | 0.4% | $2m | 19,209 | -24% |
| Nomad FoodsNOMD | 0.4% | $2m | 153,600 | -18% |
| CopartCPRT | 0.4% | $2m | 59,608 | New |
| Alamos GoldAGI | 0.4% | $2m | 53,000 | -39% |
| ZoetisZTS | 0.4% | $2m | 22,297 | +44% |
| Meta PlatformsMETA | 0.4% | $2m | 2,768 | -6% |
| CitigroupC | 0.4% | $2m | 10,996 | -22% |
| Home DepotHD | 0.4% | $2m | 4,293 | +9% |
| SPS CommerceSPSC | 0.4% | $1m | 26,091 | Held |
| VisaV | 0.4% | $1m | 4,225 | Held |
| Bank of AmericaBAC | 0.4% | $1m | 24,995 | Held |
| GlobantGLOB | 0.3% | $1m | 48,900 | +43% |
| TotalEnergies SETTE | 0.3% | $1m | 18,000 | Held |
| NetflixNFLX | 0.3% | $1m | 19,543 | +240% |
| NisourceNI | 0.3% | $1m | 28,463 | Held |
| Arcos Dorados HoldingsARCO | 0.3% | $1m | 167,400 | Held |
| Tyson FoodsTSN | 0.3% | $1m | 21,558 | +8% |
| 3MMMM | 0.3% | $1m | 7,409 | Held |
| TJX CompaniesTJX | 0.3% | $1m | 7,828 | -11% |
| Charles SchwabSCHW | 0.3% | $1m | 12,410 | Held |
| AutodeskADSK | 0.3% | $1m | 5,777 | +15% |
| SalesforceCRM | 0.3% | $1m | 6,977 | -23% |
| DeereDE | 0.3% | $1m | 1,635 | Held |
| Uber TechnologiesUBER | 0.3% | $1m | 14,246 | +18% |
| Mplx LPMPLX | 0.3% | $1m | 18,164 | +10% |
| Deckers OutdoorDECK | 0.2% | $991,411 | 9,985 | +4% |
| ServiceNowNOW | 0.2% | $939,983 | 9,468 | Held |
| AstrazenecaAZN | 0.2% | $920,416 | 4,854 | -26% |
Showing the largest 100 of 132.
Options (31)
- Ishares TRSOXX
- Type
- Put
- Value
- $14m
- Contracts
- 22,500
- MicrosoftMSFT
- Type
- Put
- Value
- $3m
- Contracts
- 9,000
- AlphabetGOOGL
- Type
- Put
- Value
- $3m
- Contracts
- 8,500
- CitigroupC
- Type
- Put
- Value
- $3m
- Contracts
- 18,500
- Amazon.comAMZN
- Type
- Put
- Value
- $2m
- Contracts
- 10,000
- Bank of AmericaBAC
- Type
- Put
- Value
- $2m
- Contracts
- 40,000
- Booking HoldingsBKNG
- Type
- Put
- Value
- $2m
- Contracts
- 10,000
- Johnson & JohnsonJNJ
- Type
- Put
- Value
- $2m
- Contracts
- 7,000
- Blue Owl CapitalOWL
- Type
- Put
- Value
- $2m
- Contracts
- 200,000
- Roundhill ETF TrustDRAM
- Type
- Put
- Value
- $1m
- Contracts
- 20,000
- Palantir TechnologiesPLTR
- Type
- Put
- Value
- $1m
- Contracts
- 12,000
- 3MMMM
- Type
- Put
- Value
- $1m
- Contracts
- 8,000
- MetLifeMET
- Type
- Put
- Value
- $1m
- Contracts
- 15,000
- FedExFDX
- Type
- Put
- Value
- $1m
- Contracts
- 4,000
- Meta PlatformsMETA
- Type
- Put
- Value
- $1m
- Contracts
- 2,200
- SalesforceCRM
- Type
- Put
- Value
- $1m
- Contracts
- 7,500
- Baker HughesBKR
- Type
- Put
- Value
- $1m
- Contracts
- 20,000
- Micron TechnologyMU
- Type
- Call
- Value
- $1m
- Contracts
- 900
- CSXCSX
- Type
- Put
- Value
- $950,600
- Contracts
- 20,000
- Uber TechnologiesUBER
- Type
- Put
- Value
- $721,600
- Contracts
- 10,000
- Taiwan Semiconductor ManufacturingTSM
- Type
- Call
- Value
- $716,355
- Contracts
- 1,500
- Deckers OutdoorDECK
- Type
- Put
- Value
- $695,030
- Contracts
- 7,000
- Align TechnologyALGN
- Type
- Put
- Value
- $674,640
- Contracts
- 4,000
- StrategyMSTR
- Type
- Put
- Value
- $608,510
- Contracts
- 7,000
- ServiceNowNOW
- Type
- Put
- Value
- $595,680
- Contracts
- 6,000
- AutodeskADSK
- Type
- Put
- Value
- $583,260
- Contracts
- 3,000
- EPAM SystemsEPAM
- Type
- Put
- Value
- $555,450
- Contracts
- 7,000
- PayPal HoldingsPYPL
- Type
- Call
- Value
- $431,800
- Contracts
- 10,000
- FS KKR CapitalFSK
- Type
- Put
- Value
- $420,000
- Contracts
- 40,000
- Axsome TherapeuticsAXSM
- Type
- Put
- Value
- $293,724
- Contracts
- 1,200
- SnowflakeSNOW
- Type
- Call
- Value
- $254,500
- Contracts
- 1,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| Ishares TRSOXX | Put | $14m | 22,500 |
| MicrosoftMSFT | Put | $3m | 9,000 |
| AlphabetGOOGL | Put | $3m | 8,500 |
| CitigroupC | Put | $3m | 18,500 |
| Amazon.comAMZN | Put | $2m | 10,000 |
| Bank of AmericaBAC | Put | $2m | 40,000 |
| Booking HoldingsBKNG | Put | $2m | 10,000 |
| Johnson & JohnsonJNJ | Put | $2m | 7,000 |
| Blue Owl CapitalOWL | Put | $2m | 200,000 |
| Roundhill ETF TrustDRAM | Put | $1m | 20,000 |
| Palantir TechnologiesPLTR | Put | $1m | 12,000 |
| 3MMMM | Put | $1m | 8,000 |
| MetLifeMET | Put | $1m | 15,000 |
| FedExFDX | Put | $1m | 4,000 |
| Meta PlatformsMETA | Put | $1m | 2,200 |
| SalesforceCRM | Put | $1m | 7,500 |
| Baker HughesBKR | Put | $1m | 20,000 |
| Micron TechnologyMU | Call | $1m | 900 |
| CSXCSX | Put | $950,600 | 20,000 |
| Uber TechnologiesUBER | Put | $721,600 | 10,000 |
| Taiwan Semiconductor ManufacturingTSM | Call | $716,355 | 1,500 |
| Deckers OutdoorDECK | Put | $695,030 | 7,000 |
| Align TechnologyALGN | Put | $674,640 | 4,000 |
| StrategyMSTR | Put | $608,510 | 7,000 |
| ServiceNowNOW | Put | $595,680 | 6,000 |
| AutodeskADSK | Put | $583,260 | 3,000 |
| EPAM SystemsEPAM | Put | $555,450 | 7,000 |
| PayPal HoldingsPYPL | Call | $431,800 | 10,000 |
| FS KKR CapitalFSK | Put | $420,000 | 40,000 |
| Axsome TherapeuticsAXSM | Put | $293,724 | 1,200 |
| SnowflakeSNOW | Call | $254,500 | 1,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 20.9% since 30 June 2025.
Where the money is
Industrials31.0%
Financial services14.0%
Retail & consumer12.2%
Health care11.7%
Media & telecom9.0%
Technology6.2%
Everyday goods5.6%
Materials5.4%
Energy3.0%
Utilities1.2%
Real estate0.3%
Other0.4%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.