VELA Investment Management, LLC Q1 2025 Filing

Filed April 29, 2025

Portfolio Value

$318.9M

Holdings

131

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (131 positions)

#	Stock	Shares	Value	% Portfolio	Type
101	DOWDow Inc	26,160	$914K	0.29%	Put
102	NLOPNet Lease Office Properties	28,381	$891K	0.28%
103	HALOHalozyme Therapeutics Inc.	12,729	$812K	0.25%
104	OSGAMBAC Financial Group, Inc.	92,412	$809K	0.25%
105	DEDeere & Co	1,600	$751K	0.24%	Put
106	PYPLPayPal Holdings Inc	10,593	$691K	0.22%
107	TBBBBBB Foods Inc	25,000	$667K	0.21%
108	BHVNBiohaven Ltd	26,836	$645K	0.20%
109	FLOFlowers Foods Inc	33,106	$629K	0.20%
110	IBPInstalled Bldg Prods Inc	3,281	$563K	0.18%
111	MASMasco Corp	7,637	$531K	0.17%
112	EAElectronic Arts Inc	3,607	$521K	0.16%
113	CMCSAComcast Corp	13,036	$481K	0.15%
114	KHCKraft Heinz Co/The	15,429	$470K	0.15%
115	07WAMr Cooper Group Inc	3,917	$468K	0.15%
116	LINLinde PLC Shs	1,004	$468K	0.15%
117	NSCNorfolk Southern Corp	1,972	$467K	0.15%
118	GPCGenuine Parts Co	3,863	$460K	0.14%
119	MDLZMondelez International Inc	6,181	$419K	0.13%
120	MTNVail Resorts Inc	2,425	$388K	0.12%
121	DNLIDenali Therapeutics Inc	27,771	$378K	0.12%
122	JPMJPMorgan Chase & Co	1,537	$377K	0.12%
123	MRVIMaravai LifeSciences Holdings	156,334	$345K	0.11%
124	UPSUnited Parcel Service Inc Cl B	2,841	$312K	0.10%
125	AIGAmerican Intl Group Inc	3,594	$312K	0.10%
126	AVYAvery Dennison Corp	1,651	$294K	0.09%
127	SPGSimon Property Group Inc	1,683	$280K	0.09%
128	GRMNGarmin Ltd	1,214	$264K	0.08%
129	XRAYDENTSPLY Sirona Inc	16,633	$248K	0.08%
130	TXNTexas Instruments Inc	1,315	$236K	0.07%
131	KKRKKR & Co Inc Cl A	2,009	$232K	0.07%
132	RCKTRocket Pharmaceuticals Inc	30,959	$206K	0.06%
133	SPYSPDR S&P 500 ETF Trust	150	$84K	0.03%

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