Latest VELA Investment Management, LLC Stock Portfolio

VELA Investment Management, LLC Performance:

2024 Q4: -0.41%YTD: 6.86%2023: 11%

Performance for 2024 Q4 is -0.41%, and YTD is 6.86%, and 2023 is 11%.

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 $359 Millions as of 31 Dec, 2024.

The top stock holdings of VELA Investment Management, LLC are KEX, HUBG, GOOG. The fund has invested 3.7% of it's portfolio in KIRBY CORP and 3.1% of portfolio in HUB GROUP INC.

The fund managers got completely rid off LANTHEUS HOLDINGS INC (LNTH), HUNTINGTON INGALLS INDUSTRIES (HII) and PROCEPT BIOROBOTICS CORP (PRCT) stocks. They significantly reduced their stock positions in GOLDMAN SACHS GROUP INC/THE (GS), ENERGY TRANSFER LP (ET) and KRAFT HEINZ CO/THE (KHC). VELA Investment Management, LLC opened new stock positions in CACTUS INC. A (WHD), FEDERAL AGRIC MTG CORP CL C (AGM) and WORTHINGTON INC (WOR). The fund showed a lot of confidence in some stocks as they added substantially to NOMAD FOODS LTD, SUN COUNTRY AIRLINES HOLDING (SNCY) and CSX CORP (CSX).

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

Our best estimate is that VELA Investment Management, LLC made a return of -0.41% in the last quarter. In trailing 12 months, it's portfolio return was 6.86%.

New Buys

Ticker	$ Bought
cactus inc. a	1,909,420
federal agric mtg corp cl c	1,724,100
worthington inc	1,223,840
bruker corp	1,186,530
janus international group in	1,161,530
garrett motion inc.	883,324
ambac financial group, inc.	791,688
align technology inc	278,152

New stocks bought by VELA Investment Management, LLC

Additions

Ticker	% Inc.
nomad foods ltd	206
sun country airlines holding	175
csx corp	139
movado group plc	121
elevance health inc	101
pepsico inc	95.98
tidewater inc	73.38
semrush holdings inc	63.3

Additions to existing portfolio by VELA Investment Management, LLC

Reductions

Ticker	% Reduced
goldman sachs group inc/the	-98.9
energy transfer lp	-68.69
kraft heinz co/the	-64.75
bwx technologies inc	-39.91
dentsply sirona inc	-38.72
zebra technologies corp cl a	-36.42
core & main inc	-33.37
greenbrier cos inc/the	-33.32

VELA Investment Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
wabash national corp	-941,250
amn healthcare services inc	-1,252,540
trustmark corp	-903,529
lantheus holdings inc	-2,347,770
procept biorobotics corp	-1,571,630
smartsheet inc	-680,430
huntington ingalls industries	-2,103,140
t-mobile us inc	-1,259,000

VELA Investment Management, LLC got rid off the above stocks

Sector Distribution

VELA Investment Management, LLC has about 22.4% of it's holdings in Industrials sector.

Sector	%
Industrials	22.4
Financial Services	11.3
Others	11.2
Consumer Defensive	10.5
Healthcare	9.3
Communication Services	8.8
Technology	8.7
Consumer Cyclical	8.3
Energy	8.2
Basic Materials	1.3

Market Cap. Distribution

VELA Investment Management, LLC has about 46.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	32.4
LARGE-CAP	32.1
MEGA-CAP	14
UNALLOCATED	11.2
SMALL-CAP	6.4
NANO-CAP	3.8

Stocks belong to which Index?

About 62.1% of the stocks held by VELA Investment Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	40.1
Others	37.9
RUSSELL 2000	22

Top 5 Winners (%)		%
TSLA	tesla inc	25.7 %
AR	antero resources corp	22.3 %
CRM	salesforce inc	21.4 %
GBX	greenbrier cos inc/the	20.5 %
CFR	cullen/frost bankers inc	20.0 %

Top 5 Winners ($)		$
GBX	greenbrier cos inc/the	1.6 M
GOOG	alphabet inc	1.2 M
AMZN	amazon.com inc	1.0 M
DIS	walt disney co/the	0.7 M
RRC	range resources corp	0.6 M

Top 5 Losers (%)		%
RCKT	rocket pharmaceuticals inc	-31.9 %
DNLI	denali therapeutics inc	-30.0 %
XRAY	dentsply sirona inc	-28.9 %
MCHP	microchip technology inc	-28.2 %
MRVI	maravai lifesciences holdings	-26.1 %

Top 5 Losers ($)		$
KEX	kirby corp	-2.1 M
ACGL	arch capital group ltd	-0.9 M
SEB	seaboard corp	-0.7 M
ASH	ashland inc	-0.7 M
XRAY	dentsply sirona inc	-0.6 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 137 stocks in it's portfolio. About 22.9% of the portfolio is in top 10 stocks. KEX proved to be the most loss making stock for the portfolio. GBX was the most profitable stock for VELA Investment Management, LLC last quarter.

Last Reported on: 05 Feb, 2025

Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
KEX	kirby corp	3.69	125,199	13,246,100	added	6.82

HUBG	hub group inc	3.11	250,561	11,165,000	added	2.5

GOOG	alphabet inc	2.72	51,577	9,763,530	added	3.17

	berkshire hathaway inc cl b	2.70	21,395	9,697,930	added	0.35

GHC	graham holdings co	2.36	9,695	8,453,260	reduced	-0.8

AMZN	amazon.com inc	1.92	31,331	6,873,710	reduced	-2.43

CRTO	criteo sa	1.73	156,986	6,210,370	added	40.64

GBX	greenbrier cos inc/the	1.70	100,217	6,112,240	reduced	-33.32

JNJ	johnson & johnson	1.51	37,561	5,432,120	added	19.29

AIT	applied industrial technologie	1.46	21,894	5,242,960	reduced	-11.25

COKE	coca-cola consolidated inc	1.39	3,956	4,984,520	added	8.92

LECO	lincoln electric holdings inc	1.37	26,246	4,920,340	added	4.79

CIVI	civitas resources inc	1.37	107,103	4,912,820	reduced	-4.49

SYY	sysco corp	1.29	60,670	4,638,830	added	4.21

ACGL	arch capital group ltd	1.27	49,298	4,552,670	added	14.74

DIS	walt disney co/the	1.21	38,929	4,334,770	reduced	-18.19

AXS	axis capital holdings ltd	1.17	47,387	4,199,440	reduced	-3.85

ABT	abbott laboratories	1.12	35,636	4,030,790	added	3.48

SBUX	starbucks corp	1.07	42,122	3,843,590	added	0.37

RRC	range resources corp	1.03	103,141	3,711,010	reduced	-16.34