VELA Investment Management, LLC

13F filer, CIK 1895612, NEW ALBANY, OH

VELA Investment Management, LLC reported $324,135,690 across 159 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-10-29. Its ten largest share positions make up 27.86% of the portfolio.

Filed 2024-10-29 (acceptance time not in the bulk data set), ingested 2026-10-07 18:26:56 UTC13F-HR 0001895612-24-000010

Period: 2024-09-30
Reported value: $324M
Holdings: 159
Top 10 weight: 27.86%
New: 20
Sold out: 25

Largest buys vs the previous quarter

Security	Shares change	Approx. value
TTEKadded	+51,232	$2.42M
AMZNadded	+12,578	$2.34M
XRAYnew	+80,120	$2.17M
CFRadded	+14,541	$1.63M
RRCadded	+41,462	$1.28M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
HUMexited	-9,069	-$3.39M
WNCreduced	-133,053	-$2.55M
BRK-Breduced	-5,301	-$2.44M
AAPLexited	-11,239	-$2.37M
WENreduced	-112,527	-$1.97M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2024

Share positions as resolved from 13F-HR 0001895612-24-000010, largest first. % of portfolio is the value over $292,539,182, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
KEXKIRBY CORP	117,207	$14.3M	4.91%	-1,585	Timeline
HUBGHUB GROUP INC	244,460	$11.1M	3.8%	+5,277	Timeline
BRK-BBERKSHIRE HATHAWAY INC DEL	21,320	$9.81M	3.35%	-5,301	Timeline
GOOGLALPHABET INC	49,993	$8.29M	2.83%	-3,094	Timeline
GHCGRAHAM HLDGS CO	9,773	$8.03M	2.75%	-66	Timeline
GBXGREENBRIER COS INC	150,295	$7.65M	2.61%	+18,924	Timeline
AMZNAMAZON COM INC	32,110	$5.98M	2.05%	+12,578	Timeline
CIVICIVITAS RESOURCES INC	112,143	$5.68M	1.94%	+16,078	Timeline
AITAPPLIED INDL TECHNOLOGIES IN	24,668	$5.5M	1.88%	-1,268	Timeline
JNJJOHNSON & JOHNSON	31,488	$5.1M	1.74%	+54	Timeline
LECOLINCOLN ELEC HLDGS INC	25,047	$4.81M	1.64%	+6,369	Timeline
ACGLARCH CAP GROUP LTD	42,965	$4.81M	1.64%	-1,662	Timeline
COKECOCA COLA CONS INC	3,632	$4.78M	1.63%	-456	Timeline
DISDISNEY WALT CO	47,584	$4.58M	1.56%	+5,209	Timeline
SYYSYSCO CORP	58,218	$4.54M	1.55%	-6,503	Timeline
CRTOCRITEO S A	111,624	$4.49M	1.54%	+14,779	Timeline
ASHASHLAND INC	48,617	$4.23M	1.45%	-1,634	Timeline
SBUXSTARBUCKS CORP	41,967	$4.09M	1.4%	-5,130	Timeline
ABTABBOTT LABORATORIES	34,439	$3.93M	1.34%	+9,608	Timeline
AXSAXIS CAP HLDGS LTD	49,287	$3.92M	1.34%	+2,668	Timeline
RRCRANGE RES CORP	123,286	$3.79M	1.3%	+41,462	Timeline
AGIALAMOS GOLD INC	188,357	$3.76M	1.28%	-7,000	Timeline
MSFTMICROSOFT CORP	8,508	$3.66M	1.25%	-3	Timeline
EHCENCOMPASS HEALTH CORP	36,508	$3.53M	1.21%	-144	Timeline
PFGCPERFORMANCE FOOD GROUP CO	42,896	$3.36M	1.15%	+4,518	Timeline
NOCNORTHROP GRUMMAN CORP	6,335	$3.35M	1.14%	-2,046	Timeline
MDTMEDTRONIC PLC	35,578	$3.2M	1.09%	-15,459	Timeline
ADSKAUTODESK INC	11,520	$3.17M	1.08%	+1,635	Timeline
SEBSEABOARD CORP DEL	976	$3.06M	1.05%	+169	Timeline
CPACOPA HOLDINGS SA	32,371	$3.04M	1.04%	+3,995	Timeline
MAMAMAMAS CREATIONS INC	409,092	$2.99M	1.02%	+21,940	Timeline
BWXTBWX TECHNOLOGIES INC	27,331	$2.97M	1.02%	0	Timeline
FISFIDELITY NATL INFORMATION SV	34,333	$2.88M	0.98%	-3,967	Timeline
TTEKTETRA TECH INC NEW	58,510	$2.76M	0.94%	+51,232	Timeline
FROGJFROG LTD	92,461	$2.69M	0.92%	+13,916	Timeline
ABBVABBVIE INC	13,054	$2.58M	0.88%	-1,043	Timeline
BATRKATLANTA BRAVES HLDGS INC	64,378	$2.56M	0.88%	0	Timeline
MOALTRIA GROUP INC	50,093	$2.56M	0.87%	0	Timeline
VVVVALVOLINE INC	60,272	$2.52M	0.86%	+17,568	Timeline
TAT&T INC	110,599	$2.43M	0.83%	+4	Timeline
CASYCASEYS GEN STORES INC	6,448	$2.42M	0.83%	-3,506	Timeline
AGOASSURED GUARANTY LTD	30,263	$2.41M	0.82%	+6,865	Timeline
SUSUNCOR ENERGY INC NEW	64,629	$2.39M	0.82%	-13,699	Timeline
LNTHLANTHEUS HLDGS INC	21,392	$2.35M	0.8%	0	Timeline
METAMETA PLATFORMS INC	3,914	$2.24M	0.77%	-230	Timeline
XRAYDENTSPLY SIRONA INC	80,120	$2.17M	0.74%	new	Timeline
CNMCORE & MAIN INC	47,881	$2.13M	0.73%	+8,247	Timeline
ARANTERO RESOURCES CORP	73,816	$2.11M	0.72%	+42,488	Timeline
HIIHUNTINGTON INGALLS INDS INC	7,955	$2.1M	0.72%	+246	Timeline
ZBRAZEBRA TECHNOLOGIES CORPORATI	5,549	$2.05M	0.7%	-1,118	Timeline
BOKFBOK FINL CORP	18,542	$1.94M	0.66%	0	Timeline
CFRCULLEN FROST BANKERS INC	17,055	$1.91M	0.65%	+14,541	Timeline
WIXWIX COM LTD	10,797	$1.8M	0.62%	+1,974	Timeline
SRCE1ST SOURCE CORP	30,133	$1.8M	0.62%	-7,641	Timeline
MMM3M CO	13,156	$1.8M	0.61%	-39	Timeline
BKRBAKER HUGHES COMPANY	48,950	$1.77M	0.6%	-187	Timeline
ZTSZOETIS INC	8,930	$1.74M	0.6%	+14	Timeline
TERTERADYNE INC	12,782	$1.71M	0.59%	+113	Timeline
TDWTIDEWATER INC NEW	23,832	$1.71M	0.58%	+1,583	Timeline
JBHTHUNT J B TRANS SVCS INC	9,813	$1.69M	0.58%	-6	Timeline
CRMSALESFORCE INC	6,105	$1.67M	0.57%	+40	Timeline
MCHPMICROCHIP TECHNOLOGY INC.	20,684	$1.66M	0.57%	+5,788	Timeline
CCITIGROUP INC	26,438	$1.66M	0.57%	+4,139	Timeline
NKENIKE INC	18,684	$1.65M	0.56%	+1,976	Timeline
NOWSERVICENOW INC	1,809	$1.62M	0.55%	0	Timeline
METMETLIFE INC	19,553	$1.61M	0.55%	+14	Timeline
ACNACCENTURE PLC IRELAND	4,560	$1.61M	0.55%	0	Timeline
PRCTPROCEPT BIOROBOTICS CORP	19,616	$1.57M	0.54%	-871	Timeline
KHCKRAFT HEINZ CO	43,770	$1.54M	0.53%	0	Timeline
SCHWCHARLES SCHWAB CORP (THE)	23,657	$1.53M	0.52%	+313	Timeline
PEPPEPSICO INC	8,938	$1.52M	0.52%	+4	Timeline
FDXFEDEX CORP	5,453	$1.49M	0.51%	0	Timeline
ETENERGY TRANSFER L P	90,407	$1.45M	0.5%	0	Timeline
BKNGBOOKING HOLDINGS INC	336	$1.42M	0.48%	+120	Timeline
SIBNSI BONE INC	99,079	$1.39M	0.47%	-13,009	Timeline
VVISA INC	4,974	$1.37M	0.47%	+614	Timeline
EPDENTERPRISE PRODS PARTNERS L	46,541	$1.35M	0.46%	0	Timeline
BACBANK OF AMER CORP	32,942	$1.31M	0.45%	+2,550	Timeline
GSGOLDMAN SACHS GROUP INC	2,546	$1.26M	0.43%	-18	Timeline
TMUST-MOBILE US INC	6,101	$1.26M	0.43%	-664	Timeline
AMNAMN HEALTHCARE SVCS INC	29,548	$1.25M	0.43%	+17,358	Timeline
HDHOME DEPOT INC	3,085	$1.25M	0.43%	-248	Timeline
MPLXMPLX LP	27,349	$1.22M	0.42%	+7,581	Timeline
INDIVIOR PLCINDIVIOR PLC	123,435	$1.21M	0.41%	+108,435
TJXTJX COS INC NEW	10,283	$1.21M	0.41%	-1,191	Timeline
ULTAULTA BEAUTY INC	3,035	$1.18M	0.4%	new	Timeline
CSXCSX CORP	33,585	$1.16M	0.4%	+33	Timeline
AZNASTRAZENECA PLC-SPONS ADR	14,539	$1.13M	0.39%	-994	Timeline
DEDEERE & CO	2,613	$1.09M	0.37%	+407	Timeline
PYPLPAYPAL HLDGS INC	13,598	$1.06M	0.36%	-7	Timeline
OLLIOLLIES BARGAIN OUTLET HLDGS	9,984	$970K	0.33%	0	Timeline
MOVMOVADO GROUP INC	51,360	$955K	0.33%	new	Timeline
WNCWABASH NATL CORP	49,049	$941K	0.32%	-133,053	Timeline
TRMKTRUSTMARK CORP	28,395	$904K	0.31%	-1,142	Timeline
BHVNBIOHAVEN LTD	17,530	$876K	0.3%	+3,572	Timeline
ROIVROIVANT SCIENCES LTD	69,072	$797K	0.27%	+36,686	Timeline
MRVIMARAVAI LIFESCIENCES HLDGS I	95,866	$797K	0.27%	0	Timeline
HLIHOULIHAN LOKEY INC	4,684	$740K	0.25%	-6,094	Timeline
HALOHALOZYME THERAPEUTICS INC	12,729	$729K	0.25%	new	Timeline
SEMRSEMRUSH HLDGS INC	44,651	$701K	0.24%	new	Timeline
SMARTSHEET INC. (CLASS A)SMARTSHEET INC. (CLASS A)	12,291	$680K	0.23%	0
EPAMEPAM SYS INC	3,397	$676K	0.23%	+1,928	Timeline
UBERUBER TECHNOLOGIES INC	8,702	$654K	0.22%	0	Timeline
ONTOONTO INNOVATION INC	3,128	$649K	0.22%	+1,445	Timeline
MASMASCO CORP	7,720	$648K	0.22%	new	Timeline
FLOFLOWERS FOODS INC	26,735	$617K	0.21%	-61,697	Timeline
RCKTROCKET PHARMACEUTICALS INC	30,959	$572K	0.2%	+10,186	Timeline
MR COOPER GROUP INCMR COOPER GROUP INC	6,146	$567K	0.19%	0
TSNTYSON FOODS INC	9,350	$557K	0.19%	+3,431	Timeline
WDAYWORKDAY INC	2,240	$547K	0.19%	+613	Timeline
GPCGENUINE PARTS CO	3,884	$543K	0.19%	+760	Timeline
ELVELEVANCE HEALTH INC FORMERLY	1,029	$535K	0.18%	0	Timeline
NSCNORFOLK SOUTHN CORP	2,058	$511K	0.17%	0	Timeline
WENWENDYS CO	29,115	$510K	0.17%	-112,527	Timeline
LINLINDE PLC	1,004	$479K	0.16%	0	Timeline
LYBLYONDELLBASELL INDUSTRIES NV	4,839	$464K	0.16%	0	Timeline
DNLIDENALI THERAPEUTICS INC	15,635	$455K	0.16%	new	Timeline
TBBBBBB FOODS INC	15,000	$450K	0.15%	0	Timeline
CMCSACOMCAST CORP NEW	10,255	$428K	0.15%	0	Timeline
SNCYSUN CTRY AIRLS HLDGS INC	37,579	$421K	0.14%	new	Timeline
BSXBOSTON SCIENTIFIC CORP	4,416	$370K	0.13%	-11,768	Timeline
AVYAVERY DENNISON CORP	1,651	$364K	0.12%	0	Timeline
OMCOMNICOM GROUP INC	3,447	$356K	0.12%	0	Timeline
EAELECTRONIC ARTS INC	2,480	$356K	0.12%	new	Timeline
JPMJPMORGAN CHASE & CO	1,675	$353K	0.12%	0	Timeline
MDLZMONDELEZ INTL INC	4,311	$318K	0.11%	0	Timeline
TXNTEXAS INSTRS INC	1,523	$315K	0.11%	0	Timeline
MTNVAIL RESORTS INC	1,772	$309K	0.11%	-7,383	Timeline
SPGSIMON PPTY GROUP INC NEW	1,734	$293K	0.1%	0	Timeline
NOMDNOMAD FOODS LTD	15,000	$286K	0.1%	new	Timeline
AIGAMERICAN INTL GROUP INC	3,594	$263K	0.09%	0	Timeline
KKRKKR & CO INC	2,009	$262K	0.09%	0	Timeline
CMPRCIMPRESS PLC	2,987	$245K	0.08%	0	Timeline
GRMNGARMIN LTD	1,214	$214K	0.07%	new	Timeline
WCCWESCO INTL INC	1,267	$213K	0.07%	-213	Timeline
NVDANVIDIA CORPORATION	653	$79.3K	0.03%	0	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	120	$68.9K	0.02%	new	Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

Security	Type	Amount	Value	Change
SPYSTATE STR SPDR S&P 500 ETF T SHS	put	10,000	$5.74M	new
MSFTMICROSOFT CORP COM	put	7,000	$3.01M	-2,000
BACBANK OF AMER CORP COM	put	52,500	$2.08M	0
NVDANVIDIA CORPORATION COM	put	15,000	$1.82M	new
NVDANVIDIA CORPORATION COM	call	15,000	$1.82M	+9,000
MMM3M CO Stock	put	12,000	$1.64M	new
GSGOLDMAN SACHS GROUP INC COM	put	3,200	$1.58M	new
CRMSALESFORCE INC COM	put	4,500	$1.23M	+2,000
ACNACCENTURE PLC IRELAND COM	put	3,400	$1.2M	0
EPDENTERPRISE PRODS PARTNERS L COM	put	40,000	$1.16M	0
METAMETA PLATFORMS INC COM	put	2,000	$1.14M	0
CCITIGROUP INC COM	put	18,000	$1.13M	-12,000
NOWSERVICENOW INC COM	put	1,200	$1.07M	-5,800
GOOGLALPHABET INC COM	put	6,000	$995K	-9,000
SBUXSTARBUCKS CORP COM	put	10,000	$975K	new
AMZNAMAZON COM INC COM	put	5,000	$932K	new
BKRBAKER HUGHES COMPANY Stock	put	25,000	$904K	0
NKENIKE INC COM	put	8,000	$707K	new
DEDEERE & CO COM	put	1,600	$668K	0
SMARTSHEET INC. (CLASS A)SMARTSHEET INC. (CLASS A) COM CL A	put	12,000	$664K	0
UBERUBER TECHNOLOGIES INC COM	put	7,800	$586K	new
MCHPMICROCHIP TECHNOLOGY INC. Stock	put	6,500	$522K	-3,500

Sold out in Q3 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
SOXXISHARES TR	22,500	$5.55M	call
HUMHUMANA INC	9,069	$3.39M	shares
AAPLAPPLE INC	11,239	$2.37M	shares
ETENERGY TRANSFER L P	110,500	$1.79M	put
ENSTAR GROUP LIMITEDENSTAR GROUP LIMITED	4,998	$1.53M	shares
FDXFEDEX CORP	5,000	$1.5M	put
AAPLAPPLE INC	6,500	$1.37M	put
CRWDCROWDSTRIKE HLDGS INC	3,500	$1.34M	put
ADBEADOBE INC	2,267	$1.26M	shares
ADBEADOBE INC	2,100	$1.17M	put
NVSTENVISTA HOLDINGS CORPORATION	69,812	$1.16M	shares
CNPCENTERPOINT ENERGY INC	37,165	$1.15M	shares
WFCWELLS FARGO & CO	18,000	$1.07M	put
SUSUNCOR ENERGY INC NEW	27,000	$1.03M	put
JBSSSANFILIPPO JOHN B & SON INC	9,989	$971K	shares
WFCWELLS FARGO & CO	11,599	$689K	shares
CNMCORE & MAIN INC	13,000	$636K	put
IFNNYINFINEON TECHNOLOGIES-ADR	12,779	$471K	shares
AAGILENT TECHNOLOGIES INC	3,508	$455K	shares
NWENORTHWESTERN ENERGY GROUP IN	8,237	$413K	shares
JCIJOHNSON CONTROLS INTERNATION	4,824	$321K	shares
KOCOCA COLA CO	4,183	$266K	shares
MCYMERCURY GENL CORP NEW	4,397	$234K	shares
ELANELANCO ANIMAL HEALTH INC	13,683	$197K	shares
Foraco International SAForaco International SA	17,829	$30.7K	shares

How Q3 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001895612-24-000010	base		2024-10-29	acceptance time not in the bulk data set	2026-10-07 18:26:56 UTC