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Portfolio (Quarterly) Guide ↗

VELA Investment Management, LLC

· CIK 0001895612
13F Portfolio $425M AUM 169 positions Filed Feb 2, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 26 New 54 Added 58 Reduced 30 Exited
Page 2 of 3  ·  58 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 Installed Bldg Prods Inc 10,759.0 $2.8M 0.66% -961.0 -8.2% $259.39
22 SIBN SI-BONE Inc Healthcare 140,412.0 $2.8M 0.65% -810.0 -0.6% $19.72 -24.8%
23 SEB Seaboard Corp Industrials 610.0 $2.7M 0.64% -101.0 -14.2% $4444.82 +12.4%
24 SU Suncor Energy Inc Energy 54,368.0 $2.4M 0.57% -8K -12.3% $44.36 +52.9%
25 RRC Range Resources Corp Energy 66,496.0 $2.3M 0.55% -27K -28.9% $35.26 +19.3%
26 GOOGL PUT Alphabet Inc Communication Services 7,000.0 $2.2M 0.52% -9K -56.2% $313.00 +23.9%
27 C PUT Citigroup Inc Financial Services 18,500.0 $2.2M 0.51% -1K -5.1% $116.69 +7.3%
28 BOKF BOK Financial Corp Financial Services 17,849.0 $2.1M 0.50% -4K -20.0% $118.46 +9.5%
29 META Meta Platforms Inc Communication Services 3,000.0 $2.0M 0.47% -218.0 -6.8% $660.09 -8.0%
30 MSFT PUT Microsoft Corp Technology 4,000.0 $1.9M 0.46% -3K -42.9% $483.62 -13.3%
31 C Citigroup Inc Financial Services 16,504.0 $1.9M 0.45% -6K -25.1% $116.69 +7.3%
32 MPLX MPLX LP Energy 35,346.0 $1.9M 0.44% -560.0 -1.6% $53.37 +4.2%
33 MET MetLife Inc Financial Services 23,444.0 $1.9M 0.43% -2K -7.2% $78.94 +6.8%
34 IMKTA Ingles Markets Inc. - Class A Consumer Defensive 24,833.0 $1.7M 0.40% -232.0 -0.9% $68.55 +27.4%
35 ABBV AbbVie Inc Healthcare 7,445.0 $1.7M 0.40% -3K -28.6% $228.49 -6.1%
36 META PUT Meta Platforms Inc Communication Services 2,200.0 $1.5M 0.34% -1K -31.2% $660.09 -8.0%
37 TJX TJX Cos Inc/The Consumer Cyclical 9,358.0 $1.4M 0.34% -237.0 -2.5% $153.61 +3.6%
38 SCHW Charles Schwab Corp/The Financial Services 14,273.0 $1.4M 0.34% -512.0 -3.5% $99.91 -9.8%
39 OSG Octave Specialty Group Inc Financial Services 178,752.0 $1.4M 0.33% -1K -0.7% $7.78 -26.2%
40 BAC Bank of America Corp Financial Services 25,065.0 $1.4M 0.32% -5K -17.1% $55.00 -6.4%
Page 2 of 3  ·  58 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Industrials 28.8%
Technology 13.2%
Healthcare 10.3%
Communication Services 9.3%
Consumer Cyclical 9.1%
Consumer Defensive 9.1%
Financial Services 8.5%
Energy 7.8%
Basic Materials 2.6%
Real Estate 0.9%