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Portfolio (Quarterly) Guide ↗

VELA Investment Management, LLC

· CIK 0001895612
13F Portfolio $410M AUM Filed Oct 30, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 172 New
Page 6 of 9  ·  172 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 BKR PUT Baker Hughes Co Energy 26,300.0 $1.3M 0.31% NEW $48.72 +35.1%
102 CRM PUT Salesforce Inc Technology 5,300.0 $1.3M 0.31% NEW $237.00 -25.6%
103 NKE PUT NIKE Inc Consumer Cyclical 18,000.0 $1.3M 0.31% NEW $69.73 -36.3%
104 FDX FedEx Corp Industrials 5,101.0 $1.2M 0.29% NEW $235.81 +64.9%
105 DE Deere & Co Industrials 2,592.0 $1.2M 0.29% NEW $457.26 +16.2%
106 UBER Uber Technologies Inc Technology 12,096.0 $1.2M 0.29% NEW $97.97 -23.9%
107 ZTS PUT Zoetis Inc Healthcare 8,000.0 $1.2M 0.29% NEW $146.32 -45.5%
108 ABBV PUT AbbVie Inc Healthcare 5,000.0 $1.2M 0.28% NEW $231.54 -7.3%
109 SBUX Starbucks Corp Consumer Cyclical 13,386.0 $1.1M 0.28% NEW $84.60 +25.9%
110 BBB Foods Inc 40,500.0 $1.1M 0.27% NEW $26.96
111 ALGN Align Technology Inc Healthcare 8,692.0 $1.1M 0.27% NEW $125.22 +30.2%
112 BKNG PUT Booking Holdings Inc Consumer Cyclical 200.0 $1.1M 0.26% NEW $5399.27 -97.0%
113 AstraZeneca PLC 13,987.0 $1.1M 0.26% NEW $76.72
114 KKR KKR & Co Inc Cl A Financial Services 7,880.0 $1.0M 0.25% NEW $129.95 -27.1%
115 OLLI Ollie's Bargain Outlet Holding Consumer Defensive 7,970.0 $1.0M 0.25% NEW $128.40 -35.3%
116 ARCO Arcos Dorados Holdings Inc. -A Consumer Cyclical 151,000.0 $1.0M 0.25% NEW $6.75 +35.6%
117 UBER PUT Uber Technologies Inc Technology 10,000.0 $980K 0.24% NEW $97.97 -23.9%
118 TSN Tyson Foods Inc Consumer Defensive 17,678.0 $960K 0.23% NEW $54.30 +22.5%
119 MPLX PUT MPLX LP Energy 19,100.0 $954K 0.23% NEW $49.95 +11.4%
120 ALGN PUT Align Technology Inc Healthcare 7,500.0 $939K 0.23% NEW $125.22 +30.2%
Page 6 of 9  ·  172 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 26.3%
Technology 12.8%
Consumer Defensive 11.2%
Financial Services 10.4%
Energy 9.3%
Healthcare 9.2%
Communication Services 8.8%
Consumer Cyclical 8.2%
Basic Materials 2.7%
Real Estate 0.9%