Latest VELA Investment Management, LLC Stock Portfolio

VELA Investment Management, LLC Performance:

2025 Q3: 2.07%YTD: 0.53%2024: 10.29%

Performance for 2025 Q3 is 2.07%, and YTD is 0.53%, and 2024 is 10.29%.

About VELA Investment Management, LLC and 13F Hedge Fund Stock Holdings

VELA Investment Management, LLC is a hedge fund based in NEW ALBANY, OH. On 11-Aug-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $354.2 Millions. In it's latest 13F Holdings report, VELA Investment Management, LLC reported an equity portfolio of $409.9 Millions as of 30 Sep, 2025.

The top stock holdings of VELA Investment Management, LLC are KEX, , HUBG. The fund has invested 3.3% of it's portfolio in KIRBY CORP and 2.9% of portfolio in BERKSHIRE HATHAWAY INC CL B.

The fund managers got completely rid off AT&T INC (T), ALTRIA GROUP INC (MO) and ASHLAND INC (ASH) stocks. They significantly reduced their stock positions in SEMRUSH HOLDINGS INC (SEMR), WABASH NATIONAL CORP (WNC) and ALIGN TECHNOLOGY INC (ALGN). VELA Investment Management, LLC opened new stock positions in SUPERNUS PHARMACEUTICALS INC. (SUPN), TIDEWATER INC (TDW) and GLOBUS MED INC CL A (GMED). The fund showed a lot of confidence in some stocks as they added substantially to MURPHY USA INC. (MUSA), PPG INDUSTRIES INC (PPG) and EPAM SYSTEMS INC (EPAM).

VELA Investment Management, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that VELA Investment Management, LLC made a return of 2.07% in the last quarter. In trailing 12 months, it's portfolio return was 0.34%.

New Buys

Ticker	$ Bought
supernus pharmaceuticals inc.	1,923,600
tidewater inc	1,545,500
globus med inc cl a	1,459,410
proficient auto logistics inc	1,385,290
globant sa	671,346
united homes group inc. cl a	413,000
first interstate bancsys-a	366,537
vanguard total stock market in	261,551

New stocks bought by VELA Investment Management, LLC

Additions

Ticker	% Inc.
murphy usa inc.	200
ppg industries inc	171
epam systems inc	152
accenture plc	137
wix.com ltd	88.43
ingles markets inc. - class a	72.67
antero resources corp	71.26
shift 4 payments inc. cl a	68.03

Additions to existing portfolio by VELA Investment Management, LLC

Reductions

Ticker	% Reduced
semrush holdings inc	-92.44
wabash national corp	-76.08
align technology inc	-53.12
bruker corp	-44.98
encompass health corp	-43.23
nike inc	-40.31
charles schwab corp/the	-36.26
garmin ltd	-27.05

VELA Investment Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
maravai lifesciences holdings	-585,538
at&t inc	-3,201,020
altria group inc	-2,942,820
ashland inc	-1,487,580
halozyme therapeutics inc.	-675,688
microchip technology inc	-608,067
onto innovation inc	-736,385
cullen/frost bankers inc	-918,804

VELA Investment Management, LLC got rid off the above stocks

Sector Distribution

VELA Investment Management, LLC has about 22.6% of it's holdings in Industrials sector.

Sector	%
Industrials	22.6
Others	16.3
Financial Services	9.8
Healthcare	9
Technology	8.7
Consumer Defensive	8.7
Communication Services	8.1
Energy	7.8
Consumer Cyclical	7.7

Market Cap. Distribution

VELA Investment Management, LLC has about 45.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	29.4
MID-CAP	29.3
UNALLOCATED	16.3
MEGA-CAP	15.8
SMALL-CAP	6
NANO-CAP	3.1

Stocks belong to which Index?

About 58.6% of the stocks held by VELA Investment Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	41.3
S&P 500	38.4
RUSSELL 2000	20.2

Top 5 Winners (%)		%
TER	teradyne inc	53.1 %
COOP	mr cooper group inc	41.3 %
GOOG	alphabet inc	37.8 %
IBP	installed bldg prods inc	36.8 %
BWXT	bwx technologies inc	28.0 %

Top 5 Winners ($)		$
GOOG	alphabet inc	3.3 M
TER	teradyne inc	2.2 M
GHC	graham holdings co	1.6 M
JNJ	johnson & johnson	1.3 M
LECO	lincoln electric holdings inc	1.1 M

Top 5 Losers (%)		%
ALGN	align technology inc	-33.9 %
KEX	kirby corp	-24.4 %
SEMR	semrush holdings inc	-21.8 %
BRKR	bruker corp	-21.1 %
SIBN	si-bone inc	-19.9 %

Top 5 Losers ($)		$
KEX	kirby corp	-4.3 M
ALGN	align technology inc	-1.2 M
BRKR	bruker corp	-1.1 M
FIS	fidelity national information	-0.7 M
SIBN	si-bone inc	-0.5 M

VELA Investment Management, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of VELA Investment Management, LLC

VELA Investment Management, LLC has 131 stocks in it's portfolio. About 24.1% of the portfolio is in top 10 stocks. KEX proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for VELA Investment Management, LLC last quarter.

Last Reported on: 30 Oct, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABBV	abbvie inc	0.59	10,423	2,413,340	reduced	-1.28

ABT	abbott laboratories	0.91	27,883	3,734,650	reduced	-1.91

ACGL	arch capital group ltd	1.34	60,360	5,476,460	added	6.23

ACN	accenture plc	0.71	11,867	2,926,400	added	137

ADBE	adobe inc	0.22	2,502	882,580	added	13.26

ADSK	autodesk inc	0.35	4,470	1,419,980	reduced	-9.33

AGM	federal agric mtg corp cl c	0.64	15,539	2,610,240	added	1.23

AGO	assured guaranty ltd	0.71	34,282	2,901,970	reduced	-0.42

AIG	american intl group inc	0.07	3,594	282,273	unchanged	0.00

AIT	applied industrial technologie	1.63	25,542	6,667,740	added	3.9

ALGN	align technology inc	0.27	8,692	1,088,410	reduced	-53.12

AMBC	ambac financial group, inc.	0.37	180,089	1,501,940	added	46.69

AMD	advanced micro devices inc	0.08	2,099	339,597	added	1.84

AMZN	amazon.com inc	2.04	38,132	8,372,640	added	1.00

AR	antero resources corp	1.00	121,635	4,082,070	added	71.26

ARCO	arcos dorados holdings inc. -a	0.25	151,000	1,019,250	added	48.04

ASH	ashland inc	0.00	0.00	0.00	sold off	-100

AVGO	broadcom inc	0.00	28.00	9,237	new

AVY	avery dennison corp	0.07	1,738	281,851	added	5.27

AXS	axis capital holdings ltd	1.17	49,970	4,787,130	added	12.4