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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 7 of 9  ·  168 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 NI NiSource Inc Utilities 23,757.0 $992K 0.23% NEW $41.76 +14.2%
122 UBER Uber Technologies Inc Technology 12,096.0 $988K 0.23% $81.71 -8.7%
123 BWXT BWX Technologies Inc Industrials 5,695.0 $984K 0.23% -8K -58.4% $172.84 +17.2%
124 NKE PUT NIKE Inc Consumer Cyclical 15,000.0 $956K 0.23% -3K -16.7% $63.71 -30.3%
125 SBUX Starbucks Corp Consumer Cyclical 10,948.0 $922K 0.22% -2K -18.2% $84.21 +26.5%
126 NOW PUT ServiceNow Inc Technology 6,000.0 $919K 0.22% +4K +300.0% $153.19 -34.9%
127 DE Deere & Co Industrials 1,959.0 $912K 0.21% -633.0 -24.4% $465.57 +14.1%
128 BKR PUT Baker Hughes Co Energy 20,000.0 $911K 0.21% -6K -23.9% $45.54 +44.5%
129 DE PUT Deere & Co Industrials 1,900.0 $885K 0.21% $465.57 +14.1%
130 AIG CALL American Intl Group Inc Financial Services 10,000.0 $856K 0.20% NEW $85.55 -8.1%
131 RKT Rocket Cos Inc Cl A Financial Services 43,087.0 $834K 0.20% NEW $19.36 -29.6%
132 WDAY Workday Inc Technology 3,835.0 $824K 0.19% $214.78 -41.1%
133 UBER PUT Uber Technologies Inc Technology 10,000.0 $817K 0.19% $81.71 -8.7%
134 ACN PUT Accenture PLC Technology 3,000.0 $805K 0.19% -6K -66.7% $268.30 -33.7%
135 CRM PUT Salesforce Inc Technology 3,000.0 $795K 0.19% -2K -43.4% $264.91 -33.4%
136 MET PUT MetLife Inc Financial Services 10,000.0 $789K 0.19% NEW $78.94 +6.8%
137 AXSM CALL Axsome Therapeutics Inc. Healthcare 4,000.0 $731K 0.17% +1K +33.3% $182.64 +27.9%
138 SBUX PUT Starbucks Corp Consumer Cyclical 7,800.0 $657K 0.15% $84.21 +26.5%
139 GOOG Alphabet Inc Communication Services 2,056.0 $645K 0.15% NEW $313.80 +22.2%
140 WDAY PUT Workday Inc Technology 3,000.0 $644K 0.15% NEW $214.78 -41.1%
Page 7 of 9  ·  168 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%