VELA Investment Management, LLC — 13F Holdings & Portfolio

CIK 1895612 · latest 13F-HR filed 2026-05-08

VELA Investment Management, LLC manages $436.1M in 13F-reported U.S. long-equity assets across 174 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are KEX (4.39%), CRTO (3.38%), WIX (2.60%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 18 new positions, exited 13, added to 54, and trimmed 40.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$436.1M

Long-equity book

Holdings

174

Distinct positions

Period

2026-03-31

Filed 2026-05-08

Q/Q Activity

+18 / −13 / ↑54 / ↓40

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • Worthington Inc$7.3M +180.3%
  • Henry Jack & Assoc Inc$3.4M +133.2%
  • Criteo SA$3.4M +29.8%
  • Pool Corp$2.8M +60.4%
  • Booking Holdings Inc$2.3M +166.7%
Show all 54

Top Trims

  • Northrop Grumman Corp-$2.9M -82.3%
  • Hub Group Inc-$2.7M -20.0%
  • Fidelity National Information-$2.7M -78.4%
  • Sysco Corp-$2.6M -40.6%
  • Coca-Cola Consolidated Inc-$2.4M -55.6%
Show all 40

New Positions

  • Equifax Inc$3.7M
  • Interparfums Inc$3.6M
  • Lamb Weston Holdings Inc$3.4M
  • Limbach Holdings Inc.$3.4M
  • Essent Group LTD$2.4M
Show all 18

Exited Positions

  • Teradyne Inc$4.3M
  • Seaboard Corp$2.7M
  • BOK Financial Corp$2.1M
  • NewMarket Corp$1.5M
  • Octave Specialty Group Inc$1.4M
Show all 13
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 Kirby Corp KEX 497266106 $19.1M 4.39% 143,898 SH
2 Criteo SA CRTO 226718104 $14.7M 3.38% 822,470 SH
3 Wix.com Ltd WIX M98068105 $11.4M 2.60% 126,065 SH
4 Worthington Inc WOR 981811102 $11.3M 2.60% 217,109 SH
5 Berkshire Hathaway Inc Cl B BRK.B 084670702 $11.1M 2.56% 23,262 SH
6 Hub Group Inc HUBG 443320106 $11.0M 2.51% 304,159 SH
7 Alphabet Inc GOOGL 02079K305 $10.6M 2.42% 36,761 SH
8 Amazon.com Inc AMZN 023135106 $9.1M 2.09% 43,669 SH
9 Lincoln Electric Holdings Inc LECO 533900106 $8.6M 1.98% 34,635 SH
10 Pool Corp POOL 73278L105 $7.6M 1.73% 37,320 SH
11 CSX Corp CSX 126408103 $7.5M 1.72% 182,572 SH
12 Johnson & Johnson JNJ 478160104 $7.3M 1.67% 29,860 SH
13 Carlisle Cos Inc CSL 142339100 $7.0M 1.61% 21,006 SH
14 Cactus Inc. A WHD 127203107 $6.9M 1.57% 144,703 SH
15 Arch Capital Group Ltd ACGL G0450A105 $6.2M 1.42% 64,646 SH
16 Henry Jack & Assoc Inc JKHY 426281101 $6.0M 1.36% 37,661 SH
17 Murphy USA Inc. MUSA 626755102 $5.9M 1.35% 11,932 SH
18 Walt Disney Co/The DIS 254687106 $5.9M 1.35% 61,015 SH
19 Accenture PLC ACN G1151C101 $5.4M 1.23% 27,033 SH
20 PepsiCo Inc PEP 713448108 $5.2M 1.19% 33,343 SH
21 Greenbrier Cos Inc/The GBX 393657101 $5.0M 1.15% 95,269 SH
22 Axis Capital Holdings Ltd AXS G0692U109 $4.9M 1.12% 48,036 SH
23 Thermo Fisher Scientific Inc TMO 883556102 $4.7M 1.09% 9,654 SH
24 Atlanta Braves Holdings Inc BATRK 047726302 $4.7M 1.07% 109,086 SH
25 Graham Holdings Co GHC 384637104 $4.6M 1.05% 4,323 SH
26 Copa Holdings SA CPA P31076105 $4.5M 1.04% 39,802 SH
27 Antero Resources Corp AR 03674X106 $4.4M 1.02% 104,486 SH
28 Movado Group PLC MOV 624580106 $4.4M 1.00% 179,400 SH
29 Gildan Activewear Inc GIL 375916103 $4.2M 0.97% 75,770 SH
30 Sun Country Airlines Holding SNCY 866683105 $4.0M 0.92% 243,658 SH
31 Alamos Gold Inc AGI 011532108 $3.9M 0.89% 87,648 SH
32 Sysco Corp SYY 871829107 $3.8M 0.86% 52,773 SH
33 Equifax Inc EFX 294429105 $3.7M 0.85% 20,635 SH
34 Valvoline Inc VVV 92047W101 $3.7M 0.84% 108,766 SH
35 Booking Holdings Inc BKNG 09857L108 $3.6M 0.84% 865 SH
36 Bruker Corp BRKR 116794108 $3.6M 0.83% 100,526 SH
37 Interparfums Inc IPAR 458334109 $3.6M 0.83% 39,724 SH
38 EPAM Systems Inc EPAM 29414B104 $3.6M 0.82% 26,399 SH
39 Applied Industrial Technologie AIT 03820C105 $3.5M 0.81% 13,317 SH
40 Lamb Weston Holdings Inc LW 513272104 $3.4M 0.78% 80,739 SH
41 Microsoft Corp MSFT 594918104 $3.4M 0.78% 9,199 SH
42 Align Technology Inc ALGN 016255101 $3.4M 0.77% 19,705 SH
43 Limbach Holdings Inc. LMB 53263P105 $3.4M 0.77% 43,106 SH
44 Performance Food Group Co PFGC 71377A103 $3.4M 0.77% 39,173 SH
45 National Fuel Gas Co NJ NFG 636180101 $3.3M 0.76% 35,064 SH
46 Encompass Health Corp EHC 29261A100 $3.2M 0.73% 33,052 SH
47 Assured Guaranty Ltd AGO G0585R106 $2.9M 0.67% 35,791 SH
48 Tidewater Inc TDW 88642R109 $2.9M 0.66% 34,509 SH
49 Simpson Manufacturing Co Inc. SSD 829073105 $2.8M 0.64% 16,380 SH
50 Proficient Auto Logistics Inc PAL 74317M104 $2.8M 0.64% 412,605 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-08 $436.1M 174 0001895612-26-000004
2025-12-31 2026-02-02 $425.0M 169 0001895612-26-000002