VELA Investment Management, LLC
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| SPDR S&P 500 ETF Trust(SPY)(Put) | 7,500 | 24,000 | +16,500 | 4,633,875 | 15,988,320 | — | +11,354,445 |
| Wix.com Ltd | 30,432 | 57,343 | +26,911 | 4,822,255 | 10,185,837 | 2.93% | +5,363,582 |
| Alphabet Inc(GOOG)(Put) | 5,000 | 16,000 | +11,000 | 881,150 | 3,889,600 | — | +3,008,450 |
| Nvidia Corp(NVDA)(Put) | 0 | 15,500 | +15,500 | 0 | 2,891,990 | — | +2,891,990 |
| Thermo Fisher Scientific Inc(TMO) | 5,622 | 9,305 | +3,683 | 2,279,496 | 4,513,111 | 1.30% | +2,233,615 |
| Teradyne Inc(TER) | 45,700 | 44,520 | -1,180 | 4,109,376 | 6,127,733 | 1.77% | +2,018,357 |
| Amazon.com Inc(AMZN)(Put) | 0 | 9,000 | +9,000 | 0 | 1,976,130 | — | +1,976,130 |
| Supernus Pharmaceuticals Inc.(SUPN) | 0 | 40,251 | +40,251 | 0 | 1,923,595 | 0.55% | +1,923,595 |
| Indivior PLC | 105,027 | 142,511 | +37,484 | 1,548,098 | 3,435,940 | 0.99% | +1,887,842 |
| Murphy USA Inc.(MUSA) | 2,232 | 6,714 | +4,482 | 907,978 | 2,606,778 | 0.75% | +1,698,800 |
| Tidewater Inc(TDW) | 0 | 28,980 | +28,980 | 0 | 1,545,503 | 0.45% | +1,545,503 |
| Graham Holdings Co(GHC) | 6,977 | 6,916 | -61 | 6,601,428 | 8,142,276 | 2.35% | +1,540,848 |
| CSX Corp(CSX) | 174,103 | 202,576 | +28,473 | 5,680,978 | 7,193,474 | 2.07% | +1,512,496 |
| Alphabet Inc(GOOG) | 49,686 | 42,069 | -7,617 | 8,756,235 | 10,226,999 | 2.95% | +1,470,764 |
| Globus Med Inc Cl A(GMED) | 0 | 25,483 | +25,483 | 0 | 1,459,411 | 0.42% | +1,459,411 |
| Accenture PLC | 4,991 | 11,867 | +6,876 | 1,491,760 | 2,926,402 | 0.84% | +1,434,642 |
| Proficient Auto Logistics Inc | 0 | 201,058 | +201,058 | 0 | 1,385,290 | 0.40% | +1,385,290 |
| PepsiCo Inc(PEP) | 26,765 | 34,895 | +8,130 | 3,534,000 | 4,900,654 | 1.41% | +1,366,654 |
| Visa Inc(V)(Put) | 0 | 4,000 | +4,000 | 0 | 1,365,520 | — | +1,365,520 |
| Accenture PLC(Put) | 3,000 | 9,000 | +6,000 | 896,670 | 2,219,400 | — | +1,322,730 |
| Nvidia Corp(NVDA)(Call) | 0 | 7,000 | +7,000 | 0 | 1,306,060 | — | +1,306,060 |
| Criteo SA(CRTO) | 351,940 | 430,165 | +78,225 | 8,432,482 | 9,721,729 | 2.80% | +1,289,247 |
| Alamos Gold Inc | 152,430 | 152,985 | +555 | 4,048,541 | 5,333,057 | 1.54% | +1,284,516 |
| Antero Resources Corp(AR) | 71,024 | 121,635 | +50,611 | 2,860,847 | 4,082,071 | 1.18% | +1,221,224 |
| Johnson & Johnson(JNJ) | 38,273 | 37,933 | -340 | 5,846,236 | 7,033,466 | 2.03% | +1,187,230 |
| EPAM Systems Inc(EPAM) | 5,818 | 14,686 | +8,868 | 1,028,739 | 2,214,502 | 0.64% | +1,185,763 |
| Microsoft Corp(MSFT)(Put) | 5,000 | 7,000 | +2,000 | 2,487,050 | 3,625,650 | — | +1,138,600 |
| Applied Industrial Technologie(AIT) | 24,584 | 25,542 | +958 | 5,714,602 | 6,667,739 | 1.92% | +953,137 |
| Deere & Co(DE)(Put) | 0 | 1,900 | +1,900 | 0 | 868,794 | — | +868,794 |
| Ingles Markets Inc. - Class A(IMKTA) | 14,516 | 25,065 | +10,549 | 920,024 | 1,743,521 | 0.50% | +823,497 |
| 3M Co(MMM)(Put) | 4,000 | 9,000 | +5,000 | 608,960 | 1,396,620 | — | +787,660 |
| PPG Industries Inc(PPG) | 4,555 | 12,361 | +7,806 | 518,131 | 1,299,265 | 0.37% | +781,134 |
| Baker Hughes Co(BKR)(Put) | 13,300 | 26,300 | +13,000 | 509,922 | 1,281,336 | — | +771,414 |
| Meta Platforms Inc(META)(Put) | 2,200 | 3,200 | +1,000 | 1,623,798 | 2,350,016 | — | +726,218 |
| Movado Group PLC(MOV) | 199,760 | 198,351 | -1,409 | 3,046,340 | 3,762,718 | 1.08% | +716,378 |
| Adobe Inc(ADBE)(Put) | 0 | 2,000 | +2,000 | 0 | 705,500 | — | +705,500 |
| Net Lease Office Properties | 45,215 | 72,336 | +27,121 | 1,471,748 | 2,145,486 | 0.62% | +673,738 |
| Globant SA | 0 | 11,700 | +11,700 | 0 | 671,346 | 0.19% | +671,346 |
| Broadcom Inc(AVGO)(Put) | 0 | 2,000 | +2,000 | 0 | 659,820 | — | +659,820 |
| AMBAC Financial Group, Inc. | 122,770 | 180,089 | +57,319 | 871,667 | 1,501,942 | 0.43% | +630,275 |
| Installed Bldg Prods Inc(IBP) | 12,750 | 11,720 | -1,030 | 2,299,080 | 2,890,855 | 0.83% | +591,775 |
| Northrop Grumman Corp(NOC) | 7,485 | 7,060 | -425 | 3,742,496 | 4,301,799 | 1.24% | +559,303 |
| Wix.com Ltd(Put) | 0 | 3,000 | +3,000 | 0 | 532,890 | — | +532,890 |
| Shift 4 Payments Inc. Cl A(FOUR) | 16,905 | 28,406 | +11,501 | 1,675,455 | 2,198,624 | 0.63% | +523,169 |
| Seaboard Corp(SEB) | 724 | 711 | -13 | 2,071,509 | 2,593,017 | 0.75% | +521,508 |
| Hub Group Inc(HUBG) | 309,220 | 315,183 | +5,963 | 10,337,234 | 10,854,903 | 3.13% | +517,669 |
| Keurig Dr Pepper Inc(KDP)(Call) | 0 | 20,000 | +20,000 | 0 | 510,200 | — | +510,200 |
| Ionis Pharmaceuticals Inc(IONS)(Call) | 0 | 7,500 | +7,500 | 0 | 490,650 | — | +490,650 |
| AbbVie Inc(ABBV) | 10,558 | 10,423 | -135 | 1,959,776 | 2,413,341 | 0.70% | +453,565 |
| Mama's Creations Inc | 339,726 | 309,725 | -30,001 | 2,819,726 | 3,255,210 | 0.94% | +435,484 |
| Teradyne Inc(TER)(Put) | 0 | 3,100 | +3,100 | 0 | 426,684 | — | +426,684 |
| United Homes Group Inc. CL A | 0 | 100,000 | +100,000 | 0 | 413,000 | 0.12% | +413,000 |
| Janus International Group IN | 287,443 | 278,725 | -8,718 | 2,339,786 | 2,751,016 | 0.79% | +411,230 |
| National Fuel Gas Co NJ(NFG) | 20,361 | 23,114 | +2,753 | 1,724,780 | 2,135,040 | 0.62% | +410,260 |
| UnitedHealth Group Inc(UNH)(Call) | 1,000 | 2,000 | +1,000 | 311,970 | 690,600 | — | +378,630 |
| Globus Med Inc Cl A(GMED)(Call) | 0 | 6,500 | +6,500 | 0 | 372,255 | — | +372,255 |
| First Interstate Bancsys-A(FIBK) | 0 | 11,501 | +11,501 | 0 | 366,537 | 0.11% | +366,537 |
| Axsome Therapeutics Inc.(AXSM)(Call) | 0 | 3,000 | +3,000 | 0 | 364,350 | — | +364,350 |
| Citigroup Inc(C) | 22,032 | 22,032 | 0 | 1,875,364 | 2,236,248 | 0.64% | +360,884 |
| Salesforce Inc(CRM)(Put) | 3,300 | 5,300 | +2,000 | 899,877 | 1,256,100 | — | +356,223 |
| Sysco Corp(SYY) | 87,238 | 84,327 | -2,911 | 6,607,406 | 6,943,485 | 2.00% | +336,079 |
| MetLife Inc(MET) | 21,738 | 25,273 | +3,535 | 1,748,170 | 2,081,737 | 0.60% | +333,567 |
| Johnson & Johnson(JNJ)(Put) | 10,000 | 10,000 | 0 | 1,527,500 | 1,854,200 | — | +326,700 |
| Tesla Inc(TSLA)(Call) | 0 | 700 | +700 | 0 | 311,304 | — | +311,304 |
| Advanced Micro Devices Inc(AMD)(Put) | 0 | 1,900 | +1,900 | 0 | 307,401 | — | +307,401 |
| Arch Capital Group Ltd | 56,820 | 60,360 | +3,540 | 5,173,461 | 5,476,463 | 1.58% | +303,002 |
| CVS Health Corp(CVS)(Call) | 0 | 4,000 | +4,000 | 0 | 301,560 | — | +301,560 |
| Salesforce Inc(CRM) | 4,692 | 6,597 | +1,905 | 1,279,461 | 1,563,489 | 0.45% | +284,028 |
| BOK Financial Corp(BOKF) | 22,561 | 22,300 | -261 | 2,202,630 | 2,485,112 | 0.72% | +282,482 |
| NewMarket Corp(NEU) | 2,112 | 2,088 | -24 | 1,459,096 | 1,729,302 | 0.50% | +270,206 |
| BRP INC/CA- Sub-Voting(DOO) | 22,420 | 22,193 | -227 | 1,086,697 | 1,348,891 | 0.39% | +262,194 |
| Vanguard Total Stock Market In | 0 | 797 | +797 | 0 | 261,551 | 0.08% | +261,551 |
| Copa Holdings SA(CPA) | 35,741 | 35,276 | -465 | 3,930,438 | 4,191,494 | 1.21% | +261,056 |
| Baker Hughes Co(BKR) | 34,333 | 32,155 | -2,178 | 1,316,327 | 1,566,592 | 0.45% | +250,265 |
| Northwestern Energy Group Inc(NWE) | 0 | 4,233 | +4,233 | 0 | 248,096 | 0.07% | +248,096 |
| Etoro Group LTD-A(ETOR)(Put) | 0 | 6,000 | +6,000 | 0 | 247,620 | — | +247,620 |
| Mr Cooper Group Inc | 3,917 | 3,917 | 0 | 584,456 | 825,664 | 0.24% | +241,208 |
| Zoetis Inc(ZTS)(Put) | 6,000 | 8,000 | +2,000 | 935,700 | 1,170,560 | — | +234,860 |
| Citigroup Inc(C)(Put) | 20,500 | 19,500 | -1,000 | 1,744,960 | 1,979,250 | — | +234,290 |
| AbbVie Inc(ABBV)(Put) | 5,000 | 5,000 | 0 | 928,100 | 1,157,700 | — | +229,600 |
| Masco Corp(MAS) | 10,113 | 12,465 | +2,352 | 650,844 | 877,411 | 0.25% | +226,567 |
| Pool Corp(POOL) | 10,891 | 10,967 | +76 | 3,174,509 | 3,400,538 | 0.98% | +226,029 |
| EPAM Systems Inc(EPAM)(Put) | 3,000 | 5,000 | +2,000 | 530,460 | 753,950 | — | +223,490 |
| Align Technology Inc(Put) | 3,800 | 7,500 | +3,700 | 719,454 | 939,150 | — | +219,696 |
| Workday Inc(WDAY) | 2,943 | 3,835 | +892 | 706,320 | 923,200 | 0.27% | +216,880 |
| Arcos Dorados Holdings Inc. -A(ARCO) | 102,000 | 151,000 | +49,000 | 804,780 | 1,019,250 | 0.29% | +214,470 |
| Deckers Outdoor Corp.(DECK)(Put) | 3,900 | 6,000 | +2,100 | 401,973 | 608,220 | — | +206,247 |
| TJX Cos Inc/The(TJX) | 9,572 | 9,595 | +23 | 1,182,046 | 1,386,861 | 0.40% | +204,815 |
| FedEx Corp(FDX) | 4,535 | 5,101 | +566 | 1,030,851 | 1,202,867 | 0.35% | +172,016 |
| Axis Capital Holdings Ltd | 44,458 | 49,970 | +5,512 | 4,615,630 | 4,787,126 | 1.38% | +171,496 |
| Worthington Inc(WOR) | 31,363 | 38,581 | +7,218 | 1,995,941 | 2,140,860 | 0.62% | +144,919 |
| BBB Foods Inc(TBBB) | 34,300 | 40,500 | +6,200 | 952,168 | 1,091,880 | 0.31% | +139,712 |
| Home Depot Inc/The(HD) | 3,516 | 3,516 | 0 | 1,289,106 | 1,424,648 | 0.41% | +135,542 |
| Bank of America Corp | 30,185 | 30,255 | +70 | 1,428,354 | 1,560,855 | 0.45% | +132,501 |
| Bank of America Corp(Put) | 27,500 | 27,500 | 0 | 1,301,300 | 1,418,725 | — | +117,425 |
| Suncor Energy Inc(SU) | 66,147 | 61,999 | -4,148 | 2,477,205 | 2,592,178 | 0.75% | +114,973 |
| Nvidia Corp(NVDA) | 0 | 577 | +577 | 0 | 107,664 | 0.03% | +107,664 |
| Deckers Outdoor Corp.(DECK) | 5,312 | 6,375 | +1,063 | 547,508 | 646,234 | 0.19% | +98,726 |
| Range Resources Corp(RRC) | 84,176 | 93,472 | +9,296 | 3,423,438 | 3,518,286 | 1.01% | +94,848 |
| Amazon.com Inc(AMZN) | 37,753 | 38,132 | +379 | 8,282,631 | 8,372,643 | 2.41% | +90,012 |