13F HOLDINGS REPORT
VELA Investment Management, LLC
Quarter ended Q4 2024 · Filed February 5, 2025 · Accession 0001895612-25-000002
Total Value
$359.0M
Positions
167
Other Managers
0
Confidential Omitted
No
Holdings (167)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR S&P 500 ETF Trust | SPY | 24,000 | $14.1M | 3.92% |
| 2 | Kirby Corp | KEX | 125,199 | $13.2M | 3.69% |
| 3 | Hub Group Inc | HUBG | 250,561 | $11.2M | 3.11% |
| 4 | Alphabet Inc | GOOG | 51,577 | $9.8M | 2.72% |
| 5 | Berkshire Hathaway Inc Cl B | BRK-A | 21,395 | $9.7M | 2.70% |
| 6 | Graham Holdings Co | GHM | 9,695 | $8.5M | 2.35% |
| 7 | Nvidia Corp | NVDA | 55,000 | $7.4M | 2.06% |
| 8 | Amazon.com Inc | AMZN | 31,331 | $6.9M | 1.91% |
| 9 | Criteo SA | CRTO | 156,986 | $6.2M | 1.73% |
| 10 | Greenbrier Cos Inc/The | 393657101 | 100,217 | $6.1M | 1.70% |
| 11 | Johnson & Johnson | JNJ | 37,561 | $5.4M | 1.51% |
| 12 | Applied Industrial Technologie | 03820C105 | 21,894 | $5.2M | 1.46% |
| 13 | Coca-Cola Consolidated Inc | COKE | 3,956 | $5.0M | 1.39% |
| 14 | Lincoln Electric Holdings Inc | 533900106 | 26,246 | $4.9M | 1.37% |
| 15 | Civitas Resources Inc | 17888H103 | 107,103 | $4.9M | 1.37% |
| 16 | Tesla Inc | TSLA | 12,000 | $4.8M | 1.35% |
| 17 | Sysco Corp | SYY | 60,670 | $4.6M | 1.29% |
| 18 | Arch Capital Group Ltd | G0450A105 | 49,298 | $4.6M | 1.27% |
| 19 | Amazon.com Inc | AMZN | 20,000 | $4.4M | 1.22% |
| 20 | Walt Disney Co/The | 254687106 | 38,929 | $4.3M | 1.21% |
| 21 | Axis Capital Holdings Ltd | G0692U109 | 47,387 | $4.2M | 1.17% |
| 22 | Abbott Laboratories | ABLZF | 35,636 | $4.0M | 1.12% |
| 23 | Starbucks Corp | SBUX | 42,122 | $3.8M | 1.07% |
| 24 | Range Resources Corp | RRC | 103,141 | $3.7M | 1.03% |
| 25 | Alamos Gold Inc | AGI | 199,797 | $3.7M | 1.03% |
| 26 | Performance Food Group Co | PFGC | 42,896 | $3.6M | 1.01% |
| 27 | Microsoft Corp | MSFT | 8,508 | $3.6M | 1.00% |
| 28 | ServiceNow Inc | NOW | 3,300 | $3.5M | 0.97% |
| 29 | Mama's Creations Inc | 56146T103 | 406,604 | $3.2M | 0.90% |
| 30 | Assured Guaranty Ltd | AGO | 34,428 | $3.1M | 0.86% |
| 31 | Copa Holdings SA | CPA | 35,042 | $3.1M | 0.86% |
| 32 | Valvoline Inc | VVV | 84,273 | $3.0M | 0.85% |
| 33 | Medtronic PLC | MDT | 37,644 | $3.0M | 0.84% |
| 34 | Northrop Grumman Corp | NOC | 6,403 | $3.0M | 0.84% |
| 35 | Microsoft Corp | MSFT | 7,000 | $3.0M | 0.82% |
| 36 | Atlanta Braves Holdings Inc | BATRB | 76,048 | $2.9M | 0.81% |
| 37 | Fidelity National Information | 31620M106 | 34,441 | $2.8M | 0.77% |
| 38 | Ashland Inc | ASH | 38,580 | $2.8M | 0.77% |
| 39 | JFrog Ltd | FROG | 92,444 | $2.7M | 0.76% |
| 40 | Nvidia Corp | NVDA | 20,000 | $2.7M | 0.75% |
| 41 | PepsiCo Inc | PEP | 17,517 | $2.7M | 0.74% |
| 42 | Encompass Health Corp | EHC | 28,678 | $2.6M | 0.74% |
| 43 | Altria Group Inc | MO | 50,093 | $2.6M | 0.73% |
| 44 | CSX Corp | CSX | 80,535 | $2.6M | 0.72% |
| 45 | Antero Resources Corp | AR | 73,816 | $2.6M | 0.72% |
| 46 | Invesco QQQ Trust Series 1 | IVZ | 5,000 | $2.6M | 0.71% |
| 47 | Casey's General Stores Inc | 147528103 | 6,448 | $2.6M | 0.71% |
| 48 | Autodesk Inc | ADSK | 8,614 | $2.5M | 0.71% |
| 49 | AT&T Inc | T-PC | 110,603 | $2.5M | 0.70% |
| 50 | Tetra Tech Inc | TTEK | 62,538 | $2.5M | 0.69% |
| 51 | Seaboard Corp | SE | 954 | $2.3M | 0.65% |
| 52 | AbbVie Inc | ABBV | 13,036 | $2.3M | 0.65% |
| 53 | Wix.com Ltd | WIX | 10,797 | $2.3M | 0.65% |
| 54 | BOK Financial Corp | 05561Q201 | 21,707 | $2.3M | 0.64% |
| 55 | Suncor Energy Inc | SU | 64,666 | $2.3M | 0.64% |
| 56 | Meta Platforms Inc | META | 3,916 | $2.3M | 0.64% |
| 57 | Cullen/Frost Bankers Inc | CFR-PB | 17,011 | $2.3M | 0.64% |
| 58 | Alphabet Inc | GOOG | 12,000 | $2.3M | 0.63% |
| 59 | Tidewater Inc | TDGMW | 41,319 | $2.3M | 0.63% |
| 60 | Movado Group PLC | MOVAA | 113,574 | $2.2M | 0.62% |
| 61 | 1st Source Corp | SRCE | 38,246 | $2.2M | 0.62% |
| 62 | NIKE Inc | NKE | 27,356 | $2.1M | 0.58% |
| 63 | Baker Hughes Co | BKR | 48,842 | $2.0M | 0.56% |
| 64 | Teradyne Inc | TER | 15,397 | $1.9M | 0.54% |
| 65 | 3M Co | MMM | 15,000 | $1.9M | 0.54% |
| 66 | Cactus Inc. A | WHD | 32,718 | $1.9M | 0.53% |
| 67 | Alphabet Inc | GOOG | 10,000 | $1.9M | 0.53% |
| 68 | Citigroup Inc | C-PR | 26,412 | $1.9M | 0.52% |
| 69 | Goldman Sachs Group Inc/The | GSCE | 3,200 | $1.8M | 0.51% |
| 70 | BWX Technologies Inc | BWXT | 16,423 | $1.8M | 0.51% |
| 71 | ServiceNow Inc | NOW | 1,679 | $1.8M | 0.50% |
| 72 | Charles Schwab Corp/The | SCHW-PJ | 23,632 | $1.7M | 0.49% |
| 73 | Federal Agric Mtg Corp Cl C | 313148306 | 8,754 | $1.7M | 0.48% |
| 74 | SI-BONE Inc | SIBN | 122,671 | $1.7M | 0.48% |
| 75 | Salesforce Inc | CRM | 5,000 | $1.7M | 0.47% |
| 76 | Booking Holdings Inc | BKNG | 330 | $1.6M | 0.46% |
| 77 | Core & Main Inc | CNM | 31,902 | $1.6M | 0.45% |
| 78 | MetLife Inc | MET-PF | 19,528 | $1.6M | 0.45% |
| 79 | 3M Co | MMM | 12,248 | $1.6M | 0.44% |
| 80 | Meta Platforms Inc | META | 2,700 | $1.6M | 0.44% |
| 81 | Salesforce Inc | CRM | 4,728 | $1.6M | 0.44% |
| 82 | Visa Inc | V | 4,969 | $1.6M | 0.44% |
| 83 | MPLX LP | MPLXP | 32,276 | $1.5M | 0.43% |
| 84 | FedEx Corp | FDX | 5,453 | $1.5M | 0.43% |
| 85 | Sun Country Airlines Holding | 866683105 | 103,584 | $1.5M | 0.42% |
| 86 | Ollie's Bargain Outlet Holding | 681116109 | 13,642 | $1.5M | 0.42% |
| 87 | JB Hunt Transport Services Inc | 445658107 | 8,754 | $1.5M | 0.42% |
| 88 | Enterprise Products Partners L | 293792107 | 46,541 | $1.5M | 0.41% |
| 89 | Zoetis Inc | ZTS | 8,954 | $1.5M | 0.41% |
| 90 | Bank of America Corp | 060505104 | 32,942 | $1.4M | 0.40% |
| 91 | Accenture PLC | ACN | 4,000 | $1.4M | 0.39% |
| 92 | Zebra Technologies Corp Cl A | ZBRA | 3,528 | $1.4M | 0.38% |
| 93 | Accenture PLC | ACN | 3,737 | $1.3M | 0.37% |
| 94 | ARK Innovation ETF | 00214Q104 | 23,000 | $1.3M | 0.36% |
| 95 | Indivior PLC | INDV | 102,459 | $1.3M | 0.35% |
| 96 | Citigroup Inc | C-PR | 18,000 | $1.3M | 0.35% |
| 97 | Enterprise Products Partners L | 293792107 | 40,000 | $1.3M | 0.35% |
| 98 | TJX Cos Inc/The | 872540109 | 10,283 | $1.2M | 0.35% |
| 99 | Autodesk Inc | ADSK | 4,200 | $1.2M | 0.35% |
| 100 | Microchip Technology Inc | MCHPP | 21,385 | $1.2M | 0.34% |
| 101 | Worthington Inc | WOR | 30,512 | $1.2M | 0.34% |
| 102 | Bank of America Corp | 060505104 | 27,500 | $1.2M | 0.34% |
| 103 | Home Depot Inc/The | HD | 3,085 | $1.2M | 0.33% |
| 104 | Bruker Corp | BRKRP | 20,241 | $1.2M | 0.33% |
| 105 | Janus International Group IN | JBI | 158,031 | $1.2M | 0.32% |
| 106 | PayPal Holdings Inc | PYPL | 13,559 | $1.2M | 0.32% |
| 107 | Deere & Co | DE | 2,624 | $1.1M | 0.31% |
| 108 | Baker Hughes Co | BKR | 25,000 | $1.0M | 0.29% |
| 109 | EPAM Systems Inc | EPAM | 4,320 | $1.0M | 0.28% |
| 110 | Indivior PLC | INDV | 77,200 | $990,057 | 0.28% |
| 111 | AstraZeneca PLC | AZN | 14,539 | $952,596 | 0.27% |
| 112 | DENTSPLY Sirona Inc | XRAY | 49,101 | $931,937 | 0.26% |
| 113 | Garrett Motion Inc. | GTX | 97,821 | $883,324 | 0.25% |
| 114 | SEMrush Holdings Inc | SEMR | 72,914 | $866,218 | 0.24% |
| 115 | Roivant Sciences Ltd | ROIV | 69,072 | $817,122 | 0.23% |
| 116 | Houlihan Lokey Inc | HLI | 4,684 | $813,423 | 0.23% |
| 117 | Maravai LifeSciences Holdings | MARA | 148,112 | $807,210 | 0.22% |
| 118 | AMBAC Financial Group, Inc. | OSG | 62,584 | $791,688 | 0.22% |
| 119 | Onto Innovation Inc | ONTO | 4,645 | $774,182 | 0.22% |
| 120 | Nomad Foods LTD | NOMD | 46,000 | $771,880 | 0.22% |
| 121 | Elevance Health Inc | ELV | 2,074 | $765,099 | 0.21% |
| 122 | Uber Technologies Inc | UBER | 12,155 | $733,190 | 0.20% |
| 123 | FedEx Corp | FDX | 2,500 | $703,325 | 0.20% |
| 124 | Workday Inc | WDAY | 2,725 | $703,132 | 0.20% |
| 125 | EPAM Systems Inc | EPAM | 3,000 | $701,460 | 0.20% |
| 126 | Tyson Foods Inc | TSN | 12,141 | $697,379 | 0.19% |
| 127 | Humana Inc | HUM | 2,700 | $685,017 | 0.19% |
| 128 | Flowers Foods Inc | FLO | 33,106 | $683,970 | 0.19% |
| 129 | Deere & Co | DE | 1,600 | $677,920 | 0.19% |
| 130 | Biohaven Ltd | BHVN | 17,530 | $654,745 | 0.18% |
| 131 | Halozyme Therapeutics Inc. | HALO | 12,729 | $608,573 | 0.17% |
| 132 | Tesla Inc | TSLA | 1,500 | $605,760 | 0.17% |
| 133 | Mr Cooper Group Inc | 62482R107 | 6,146 | $590,077 | 0.16% |
| 134 | Masco Corp | MAS | 7,914 | $574,319 | 0.16% |
| 135 | Energy Transfer LP | ET-PI | 28,307 | $554,534 | 0.15% |
| 136 | LyondellBasell Industries NV | LYB | 6,697 | $497,386 | 0.14% |
| 137 | Norfolk Southern Corp | 655844108 | 2,058 | $483,013 | 0.13% |
| 138 | Wendy's Co/The | 95058W100 | 29,115 | $474,574 | 0.13% |
| 139 | Kraft Heinz Co/The | KHC | 15,429 | $473,825 | 0.13% |
| 140 | Uber Technologies Inc | UBER | 7,800 | $470,496 | 0.13% |
| 141 | Genuine Parts Co | GPC | 3,876 | $452,562 | 0.13% |
| 142 | BBB Foods Inc | TBBB | 15,000 | $424,200 | 0.12% |
| 143 | Linde PLC Shs | LIN | 1,004 | $420,345 | 0.12% |
| 144 | Boston Scientific Corp | BSX | 4,416 | $394,437 | 0.11% |
| 145 | Rocket Pharmaceuticals Inc | RCKTW | 30,959 | $389,155 | 0.11% |
| 146 | Comcast Corp | CCZ | 10,255 | $384,870 | 0.11% |
| 147 | JPMorgan Chase & Co | VYLD | 1,537 | $368,434 | 0.10% |
| 148 | Electronic Arts Inc | EA | 2,443 | $357,411 | 0.10% |
| 149 | Vail Resorts Inc | MTN | 1,902 | $356,530 | 0.10% |
| 150 | Mondelez International Inc | 609207105 | 5,381 | $321,407 | 0.09% |
| 151 | Denali Therapeutics Inc | DNLI | 15,635 | $318,641 | 0.09% |
| 152 | Avery Dennison Corp | AVY | 1,651 | $308,952 | 0.09% |
| 153 | Simon Property Group Inc | 828806109 | 1,734 | $298,612 | 0.08% |
| 154 | KKR & Co Inc Cl A | KKRT | 2,009 | $297,151 | 0.08% |
| 155 | Texas Instruments Inc | 882508104 | 1,523 | $285,578 | 0.08% |
| 156 | Align Technology Inc | ALGN | 1,334 | $278,152 | 0.08% |
| 157 | American Intl Group Inc | 026874784 | 3,594 | $261,643 | 0.07% |
| 158 | PayPal Holdings Inc | PYPL | 3,000 | $256,050 | 0.07% |
| 159 | Garmin Ltd | GRMN | 1,214 | $250,400 | 0.07% |
| 160 | Microchip Technology Inc | MCHPP | 4,000 | $229,400 | 0.06% |
| 161 | Wesco Intl Inc | 95082P105 | 1,267 | $229,276 | 0.06% |
| 162 | Cimpress PLC Euro | CMPR | 2,987 | $214,228 | 0.06% |
| 163 | Nvidia Corp | NVDA | 733 | $98,435 | 0.03% |
| 164 | Invesco QQQ Trust Series 1 | IVZ | 192 | $98,004 | 0.03% |
| 165 | SPDR S&P 500 ETF Trust | SPY | 150 | $87,912 | 0.02% |
| 166 | Goldman Sachs Group Inc/The | GSCE | 28 | $16,033 | 0.00% |
| 167 | Tesla Inc | TSLA | 21 | $8,481 | 0.00% |