Portfolio (Quarterly) Guide ↗

VELA Investment Management, LLC

· CIK 0001895612

13F Portfolio $468M AUM 167 positions Filed Aug 3, 2026 EDGAR ↗ ← All Funds

Q2 2026 Q4 2025 · All 39 New 71 Added 43 Reduced 42 Exited

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#	Ticker	Company	Sector	Shares	Value ↓	% Port	Status
41	SPY	State Street Spdr S&P 500 Etf	Financial Services	327	$223K	0.05%	SOLD
42	UNH	UnitedHealth Group Inc	Healthcare	4	$1K	—	SOLD

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Sector Allocation

Industrials 31.9%

Healthcare 12.1%

Consumer Cyclical 10.1%

Communication Services 9.5%

Financial Services 8.9%

Technology 8.8%

Consumer Defensive 8.7%

Energy 7.9%

Basic Materials 1.4%

Utilities 0.4%