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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

VELA Investment Management, LLC

Quarter ended Q1 2024 · Filed May 13, 2024 · Accession 0001895612-24-000004

Total Value
$295.0M
Positions
160
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (160)

#IssuerTicker / CUSIPSharesValue% of Filing
1Kirby CorpKEX142,740$13.6M4.61%
2Berkshire Hathaway Inc Cl BBRK-A27,769$11.7M3.96%
3Hub Group Inc Cl AHUBG218,212$9.4M3.20%
4Alphabet Inc Cl AGOOG54,199$8.2M2.77%
5Greenbrier Cos Inc393657101153,318$8.0M2.71%
6Civitas Resources Inc Com New17888H10388,559$6.7M2.28%
7Graham Hldgs Co Com Cl BGHM8,651$6.6M2.25%
8Walt Disney Co25468710644,272$5.4M1.84%
9Sysco CorpSYY63,435$5.1M1.75%
10Caseys General Stores Inc14752810315,422$4.9M1.67%
11Ashland IncASH50,020$4.9M1.65%
12Applied Indl Technologies Inc03820C10523,352$4.6M1.56%
13Wabash National Corp929566107153,091$4.6M1.55%
14Humana IncHUM12,806$4.4M1.51%
15Arch Capital Group LtdG0450A10545,534$4.2M1.43%
16Northrop Grumman CorpNOC8,485$4.1M1.38%
17ServiceNow IncNOW5,000$3.8M1.29%
18Microsoft CorpMSFT8,528$3.6M1.22%
19Medtronic PLCMDT40,987$3.6M1.21%
20Criteo SA-SPON ADRCRTO99,345$3.5M1.18%
21Axis Cap Holdings LtdG0692U10949,569$3.2M1.09%
22Fidelity Natl Information Serv31620M10643,360$3.2M1.09%
23Encompass Health CorpEHC38,833$3.2M1.09%
24Range Resources CorporationRRC89,062$3.1M1.04%
25Alamos Gold IncAGI195,357$2.9M0.98%
26Suncor Energy IncSU77,597$2.9M0.97%
27Starbucks CorpSBUX31,147$2.8M0.97%
28Vail Resorts IncMTN12,553$2.8M0.95%
29Charles Schwab CorpSCHW-PJ37,490$2.7M0.92%
30Wendy's Co/The95058W100141,642$2.7M0.90%
31Amazon.com IncAMZN14,646$2.6M0.90%
32Abbott Laboratories ComABLZF22,764$2.6M0.88%
33Nutanix Inc Cl ANTNX41,563$2.6M0.87%
34Performance Food Group Co.PFGC34,018$2.5M0.86%
35Microsoft CorpMSFT6,000$2.5M0.86%
36Jfrog LtdFROG56,427$2.5M0.85%
37Atlanta Braves Hldgs Inc. ComBATRB62,172$2.4M0.82%
38Bwx Technologies IncBWXT23,484$2.4M0.82%
39AbbVie IncABBV13,077$2.4M0.81%
40Core & Main Inc. -Class ACNM39,634$2.3M0.77%
41Tidewater IncTDGMW22,372$2.1M0.70%
42Flowers Foods Inc ComFLO84,730$2.0M0.68%
43Zebra Technologies Corp Cl AZBRA6,641$2.0M0.68%
44Meta Platforms Inc Cl AMETA4,092$2.0M0.67%
45Amazon.com IncAMZN11,000$2.0M0.67%
461st Source CorpSRCE37,774$2.0M0.67%
47Apple IncAAPL11,238$1.9M0.65%
48Teradyne IncTER17,020$1.9M0.65%
49Valvoline IncVVV42,704$1.9M0.65%
50U-Hual Holding Co-Non Voting pUHAL-B28,467$1.9M0.64%
51Papa Johns International Inc.69881310226,861$1.8M0.61%
52Assured Guaranty LtdAGO20,360$1.8M0.60%
53Invesco QQQ Trust Series 1IVZ4,000$1.8M0.60%
54Energy Transfer LP UT Ltd PtnET-PI110,500$1.7M0.59%
55BOK Financial Corp05561Q20118,542$1.7M0.58%
56Huntington Ingalls Industries4464131065,680$1.7M0.56%
57Enterprise Products Partners L29379210756,502$1.6M0.56%
58Baker Hughes CoBKR48,366$1.6M0.55%
59Copa Holdings SA Cl ACPA15,356$1.6M0.54%
60Johnson & JohnsonJNJ10,063$1.6M0.54%
61FedEx CorpFDX5,453$1.6M0.54%
62Salesforce IncCRM5,219$1.6M0.53%
63Home Depot IncHD4,033$1.5M0.52%
64PepsiCo IncPEP8,296$1.5M0.49%
65Kraft Heinz CoKHC39,285$1.4M0.49%
66FedEx CorpFDX5,000$1.4M0.49%
67Lincoln Electric Holdings Inc5339001065,571$1.4M0.48%
68Energy Transfer LP UT Ltd PtnET-PI90,407$1.4M0.48%
69Citigroup IncC-PR22,063$1.4M0.47%
70Houlihan LokeyHLI10,778$1.4M0.47%
71ServiceNow IncNOW1,809$1.4M0.47%
72Microchip Technology IncMCHPP14,896$1.3M0.45%
73Lantheus Holdings Inc.LNTH21,392$1.3M0.45%
74Envista Holdings CorporationNVST61,953$1.3M0.45%
75iShares Russell 2000 Value ETF4642876308,279$1.3M0.45%
76MetLife IncMET-PF17,544$1.3M0.44%
77Accenture PLC Ireland Class AACN3,681$1.3M0.43%
78SI-BONE, Inc.SIBN76,414$1.3M0.42%
79Visa Inc Cl AV4,360$1.2M0.41%
80Tetra Tech Inc.TTEK6,578$1.2M0.41%
81RPM Intl Inc74968510310,148$1.2M0.41%
82CSX CorpCSX32,514$1.2M0.41%
83NVIDIA CorpNVDA1,300$1.2M0.40%
84TJX Cos Inc87254010911,474$1.2M0.39%
85Bank of America Corp06050510430,392$1.2M0.39%
86Adobe Systems IncorporatedADBE2,267$1.1M0.39%
87Wells Fargo & Co94974610119,685$1.1M0.39%
883M CoMMM10,648$1.1M0.38%
89Shockwave Medical Inc.82489T1043,427$1.1M0.38%
90Boston Scientific CorpBSX16,184$1.1M0.38%
91National Healthcare CorporatioNHC11,617$1.1M0.37%
92NVR IncNVR133$1.1M0.37%
93Adobe Systems IncorporatedADBE2,100$1.1M0.36%
94Salesforce IncCRM3,500$1.1M0.36%
95Astrazeneca PlcAZN15,533$1.1M0.36%
96Nutanix Inc Cl ANTNX17,000$1.0M0.36%
97Mama's Creations Inc56146T103206,064$1.0M0.35%
98Procept Biorobotics CorpPRCT20,487$1.0M0.34%
99Ollie's Bargain Outlet Holding68111610912,679$1.0M0.34%
100Autodesk IncADSK3,863$1.0M0.34%
101Malibu Boats Inc Com Cl AMBUU23,070$998,4700.34%
102Trustmark CorpTRMK35,037$984,8900.33%
103Goldman Sachs Group Inc/TheGSCE2,317$967,7880.33%
104T-Mobile US IncTMUSZ5,878$959,4070.33%
105CenterPoint Energy IncCNP33,600$957,2640.32%
106Seaboard CorpSE295$951,0560.32%
107Wix.com LTDWIX6,815$936,9260.32%
108Alphabet Inc Cl AGOOG6,000$905,5800.31%
109Microchip Technology IncMCHPP10,000$897,1000.30%
110Deere & CoDE2,166$889,6630.30%
111Sanfilippo John B & Son Inc CoJBSS8,317$880,9370.30%
112Bank of America Corp06050510422,500$853,2000.29%
113Charles Schwab CorpSCHW-PJ11,000$795,7400.27%
114Citigroup IncC-PR12,500$790,5000.27%
115Paypal Holdings IncPYPL11,796$790,2140.27%
116Linde PLC ShsLIN1,698$788,4150.27%
117JB Hunt Transport Services Inc4456581073,882$773,4880.26%
118Avery Dennison CorpAVY3,456$771,5520.26%
119Booking Holdings IncBKNG211$765,4830.26%
120Enstar Group LtdG3075P1012,380$739,6090.25%
121Biohaven LTDBHVN12,664$692,5940.23%
122Simon Property Group Inc8288061094,234$662,5790.22%
123Antero Resources CorpAR22,643$656,6470.22%
124Maravai Lifesciences Holdings-MARA74,317$644,3280.22%
125Texas Instruments Inc8825081043,523$613,7420.21%
126Uber Technologies IncUBER7,542$580,6590.20%
127Wells Fargo & Co94974610110,000$579,6000.20%
128Rocket Pharmaceuticals, Inc.RCKTW20,773$559,6250.19%
129JP Morgan Chase & CoVYLD2,675$535,8020.18%
130Elevance Health IncELV1,029$533,5780.18%
131Light & Wonder Inc.LAWIL5,000$510,4500.17%
132Mr Cooper Group Inc62482R1076,146$479,0810.16%
133Smartsheet Inc Cl A83200N10312,291$473,2030.16%
134Polaris Inc ComPII4,635$464,0560.16%
135Norfolk Southern Corp6558441081,804$459,7850.16%
136Comcast Corp Cl ACCZ10,255$444,5540.15%
137Workday Inc Cl AWDAY1,627$443,7640.15%
138Cullen/Frost Bankers IncCFR-PB3,914$440,5990.15%
139NorthWestern Energy Group, IncNWE8,237$419,5100.14%
140Smartsheet Inc Cl A83200N10310,000$385,0000.13%
141Genuine Parts CoGPC2,461$381,2830.13%
142Realty Income CorpO7,037$380,7020.13%
143LyondellBasell Industries NVLYB3,636$371,8900.13%
144Roivant Sciences, Inc.ROIV32,386$341,3480.12%
145MPLX LPMPLXP8,040$334,1420.11%
146Omnicom Group IncOMC3,447$333,5320.11%
147Nike Inc Cl BNKE3,536$332,3130.11%
148Amgen IncAMGN1,163$330,6640.11%
149Johnson Controls Intl PLCG515021054,824$315,1040.11%
150ONTO Innovation Inc.ONTO1,683$304,7580.10%
151Mondelez Intl Inc Cl A6092071054,311$301,7700.10%
152American Intl Group Inc0268747843,594$280,9430.10%
153Cimpress PLC EuroCMPR2,987$264,3790.09%
154Wesco Intl Inc95082P1051,480$253,4940.09%
155Coca-Cola CoKO3,858$236,0320.08%
156Mercury General Corp5894001004,397$226,8850.08%
157Agilent Technologies IncA1,419$206,4790.07%
158KKR & Co Inc Cl AKKRT2,009$202,0650.07%
159Invesco QQQ Trust Series 1IVZ151$67,0460.02%
160NVIDIA CorpNVDA55$49,6960.02%