VELA Investment Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 29, 2025), VELA Investment Management, LLC reported 130 stock positions worth $291.4 million. Its top holding was Kirby (KEX) at 4.5% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 3.6%) and Hub Class A (HUBG, 3.2%). Compared with Q4 2024, it opened 8 new positions, sold out of 15, added to 56 and reduced 45. The biggest buy was CSX (CSX, shares +92%) and the biggest sale Greenbrier Companies (GBX, shares −33%).
- Most Recent 13F
- Q2 2026
- Location
- NEW ALBANY, OH
- CIK
- 0001895612
- Portfolio Value
- $291.4M (Q1 2025)
- SEC Filing
- 0001895612-25-000006 ↗ filed Apr 29, 2025
Holdings Value
Holdings 130 stocks · $291.4M
| KEX Kirby Corp. | 4.51% | 130,254 | $13.2M | Add +4.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.56% | 19,487 | $10.4M | Reduce -8.9% |
| HUBG Hub Group Inc. Class A | 3.19% | 249,737 | $9.3M | Reduce -0.3% |
| GHC Graham Holdings Co. Class B | 2.75% | 8,343 | $8.0M | Reduce -13.9% |
| GOOGL Alphabet Inc. Class A | 2.64% | 49,746 | $7.7M | Reduce -3.5% |
| CRTO Criteo SA-Spon | 2.29% | 188,744 | $6.7M | Add +20.2% |
| JNJ Johnson & Johnson | 2.24% | 39,396 | $6.5M | Add +4.9% |
| SYY Sysco Corp. | 2.18% | 84,641 | $6.4M | Add +39.5% |
| LECO Lincoln Electric Holdings | 2.17% | 33,359 | $6.3M | Add +27.1% |
| AMZN Amazon.com Inc. | 2.13% | 32,647 | $6.2M | Add +4.2% |
| COKE Coca-Cola Consolidated Inc. | 1.83% | 3,950 | $5.3M | Reduce -0.1% |
| ACGL Arch Capital Group Ltd. | 1.79% | 54,094 | $5.2M | Add +9.7% |
| AIT Applied Industrial Tech Inc. | 1.68% | 21,790 | $4.9M | Reduce -0.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.59% | 46,918 | $4.6M | Add +20.5% |
| CSX CSX Corp. | 1.56% | 154,512 | $4.5M | Add +91.9% |
| PEP Pepsico Inc. | 1.54% | 29,980 | $4.5M | Add +71.2% |
| AGI Alamos Gold Inc. Class A | 1.54% | 167,907 | $4.5M | Reduce -16.0% |
| ABT Abbott Laboratories | 1.49% | 32,769 | $4.3M | Reduce -8.1% |
| AXS Axis Capital Holdings Ltd. | 1.44% | 41,822 | $4.2M | Reduce -11.7% |
| NOC Northrop Grumman Corp. | 1.39% | 7,915 | $4.1M | Add +23.6% |
| VVV Valvoline Inc. | 1.38% | 115,392 | $4.0M | Add +36.9% |
| PFGC Performance Food Group Co. | 1.26% | 46,601 | $3.7M | Add +8.6% |
| CIVI Civitas Resources Inc. | 1.18% | 98,633 | $3.4M | Reduce -7.9% |
| GBX Greenbrier Companies Inc. | 1.18% | 66,852 | $3.4M | Reduce -33.3% |
| FIS Fidelity National Info Serv | 1.14% | 44,675 | $3.3M | Add +29.7% |
| CPA Copa Holdings SA Class A | 1.11% | 35,042 | $3.2M | No change |
| SBUX Starbucks Corp. | 1.10% | 32,788 | $3.2M | Reduce -22.2% |
| T AT&T Inc. | 1.07% | 110,606 | $3.1M | Add +0.0% |
| MAMA Mama's Creations Inc. | 1.06% | 476,353 | $3.1M | Add +17.1% |
| WIX Wix.com Ltd. | 1.06% | 18,872 | $3.1M | Add +74.8% |
| BATRK Atlanta Braves Holdings in-C | 1.05% | 76,222 | $3.0M | Add +0.2% |
| AGO Assured Guaranty Ltd. | 1.04% | 34,428 | $3.0M | No change |
| MO Altria Group Inc. | 1.03% | 50,193 | $3.0M | Add +0.2% |
| MSFT Microsoft Corp. | 1.03% | 7,961 | $3.0M | Reduce -6.4% |
| WHD Cactus Inc. Class A | 1.01% | 64,282 | $2.9M | Add +96.5% |
| EHC Encompass Health Corp. | 1.00% | 28,678 | $2.9M | No change |
| BRKR Bruker Corp. | 0.98% | 68,663 | $2.9M | Add +239.2% |
| RRC Range Resources Corp. | 0.97% | 70,609 | $2.8M | Reduce -31.5% |
| SEB Seaboard Corp. | 0.89% | 965 | $2.6M | Add +1.1% |
| ABBV Abbvie Inc. | 0.87% | 12,045 | $2.5M | Reduce -7.6% |
| SU Suncor Energy Inc. | 0.86% | 64,698 | $2.5M | Add +0.1% |
| AGM Federal Agric MTG Corp. Class C | 0.84% | 12,982 | $2.4M | Add +48.3% |
| MOV Movado Group Inc. | 0.82% | 143,397 | $2.4M | Add +26.3% |
| AR Antero Resources Corp. | 0.78% | 56,080 | $2.3M | Reduce -24.0% |
| BOKF Bok Financial Corporation | 0.78% | 21,707 | $2.3M | No change |
| ADSK Autodesk Inc. | 0.74% | 8,183 | $2.1M | Reduce -5.0% |
| TTEK Tetra Tech Inc. | 0.73% | 72,731 | $2.1M | Add +16.3% |
| ZTS Zoetis Inc. | 0.72% | 12,777 | $2.1M | Add +42.7% |
| ASH Ashland Inc. | 0.70% | 34,333 | $2.0M | Reduce -11.0% |
| META Meta Platforms Inc. Class A | 0.70% | 3,530 | $2.0M | Reduce -9.9% |
| SRCE 1ST Source Corp. | 0.66% | 32,331 | $1.9M | Reduce -15.5% |
| MPLX MPLX LP | 0.66% | 36,120 | $1.9M | Add +11.9% |
| FROG Jfrog Ltd. | 0.65% | 59,542 | $1.9M | Reduce -35.6% |
| C Citigroup Inc. | 0.62% | 25,597 | $1.8M | Reduce -3.1% |
| SCHW Schwab (charles) Corp. | 0.62% | 23,120 | $1.8M | Reduce -2.2% |
| ALGN Align Technology Inc. | 0.60% | 11,000 | $1.7M | Add +724.6% |
| SIBN Si-Bone Inc. | 0.59% | 122,671 | $1.7M | No change |
| TER Teradyne Inc. | 0.59% | 20,803 | $1.7M | Add +35.1% |
| NKE Nike Inc. Class B | 0.59% | 27,059 | $1.7M | Reduce -1.1% |
| V Visa Inc. Class A | 0.58% | 4,855 | $1.7M | Reduce -2.3% |
| INDV Indivior Ltd. | 0.58% | 179,659 | $1.7M | No change |
| JBI Janus International Group Inc. | 0.58% | 234,288 | $1.7M | Add +48.3% |
| BWXT BWX Technologies Inc. | 0.56% | 16,423 | $1.6M | No change |
| OLLI Ollie's Bargain Outlet Holdi | 0.54% | 13,642 | $1.6M | No change |
| SNCY Sun Country Airlines Holding filed as SUN CTRY AIRLS HLDGS INC | 0.54% | 128,746 | $1.6M | Add +24.3% |
| MMM 3M Co. | 0.54% | 10,687 | $1.6M | Reduce -12.7% |
| MET Metlife Inc. | 0.54% | 19,545 | $1.6M | Add +0.1% |
| WOR Worthington Enterprises Inc. | 0.54% | 31,150 | $1.6M | Add +2.1% |
| NFG National Fuel Gas Co. | 0.53% | 19,459 | $1.5M | New |
| BKR Baker Hughes Co. | 0.52% | 34,267 | $1.5M | Reduce -29.8% |
| SEMR Semrush Holdings Inc. Class A | 0.50% | 156,772 | $1.5M | Add +115.0% |
| WNC Wabash National Corp. | 0.49% | 128,540 | $1.4M | New |
| BKNG Booking Holdings Inc. | 0.49% | 308 | $1.4M | Reduce -6.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.47% | 32,942 | $1.4M | No change |
| ACN Accenture PLC Class A | 0.44% | 4,150 | $1.3M | Add +11.1% |
| HD Home Depot Inc. | 0.44% | 3,516 | $1.3M | Add +14.0% |
| CRM Salesforce Inc. | 0.43% | 4,692 | $1.3M | Reduce -0.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.43% | 10,283 | $1.3M | No change |
| MCHP Microchip Technology Inc. | 0.42% | 25,347 | $1.2M | Add +18.5% |
| DE Deere & Co. | 0.42% | 2,602 | $1.2M | Reduce -0.8% |
| NOW ServiceNow Inc. | 0.41% | 1,519 | $1.2M | Reduce -9.5% |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.41% | 8,148 | $1.2M | Reduce -6.9% |
| TMO Thermo Fisher Scientific Inc. | 0.40% | 2,359 | $1.2M | New |
| ELV Elevance Health Inc. | 0.40% | 2,674 | $1.2M | Add +28.9% |
| ONTO Onto Innovation Inc. | 0.39% | 9,408 | $1.1M | Add +102.5% |
| NOMD Nomad Foods Ltd. | 0.39% | 57,900 | $1.1M | Add +25.9% |
| TSN Tyson Foods Inc. Class A | 0.39% | 17,678 | $1.1M | Add +45.6% |
| CASY Casey's General Stores Inc. | 0.38% | 2,572 | $1.1M | Reduce -60.1% |
| CFR Cullen/Frost Bankers Inc. | 0.36% | 8,373 | $1.0M | Reduce -50.8% |
| GTX Garrett Motion Inc. | 0.35% | 120,192 | $1.0M | Add +22.9% |
| FDX FedEx Corp. | 0.34% | 4,117 | $1.0M | Reduce -24.5% |
| UBER Uber Technologies Inc. | 0.33% | 13,281 | $968K | Add +9.3% |
| MDT Medtronic PLC | 0.33% | 10,695 | $961K | Reduce -71.6% |
| AZN Astrazeneca PLC-Spons ADR | 0.32% | 12,848 | $944K | Reduce -11.6% |
| EPAM Epam Systems Inc. | 0.32% | 5,472 | $924K | Add +26.7% |
| NLOP Net Lease Office Property | 0.31% | 28,381 | $891K | New |
| LYB Lyondellbasell Indu Class A | 0.28% | 11,607 | $817K | Add +73.3% |
| HALO Halozyme Therapeutics Inc. | 0.28% | 12,729 | $812K | No change |
| OSG Octave Specialty Group Inc. filed as AMBAC FINL GROUP INC | 0.28% | 92,412 | $809K | Add +47.7% |
| ADBE Adobe Inc. | 0.26% | 1,999 | $767K | New |
| PYPL PayPal Holdings Inc. | 0.24% | 10,593 | $691K | Reduce -21.9% |
| WDAY Workday Inc. Class A | 0.24% | 2,943 | $687K | Add +8.0% |
| TBBB BBB Foods Inc. Class A | 0.23% | 25,000 | $667K | Add +66.7% |
| BHVN Biohaven Ltd. | 0.22% | 26,836 | $645K | Add +53.1% |
| FLO Flowers Foods Inc. | 0.22% | 33,106 | $629K | No change |
| IBP Installed Building Products | 0.19% | 3,281 | $563K | New |
| MAS Masco Corp. | 0.18% | 7,637 | $531K | Reduce -3.5% |
| EA Electronic Arts Inc. | 0.18% | 3,607 | $521K | Add +47.6% |
| CMCSA Comcast Corp. Class A | 0.17% | 13,036 | $481K | Add +27.1% |
| KHC The Kraft Heinz Co. | 0.16% | 15,429 | $470K | No change |
| COOP Mr Cooper Group Inc. | 0.16% | 3,917 | $468K | Reduce -36.3% |
| LIN Linde PLC | 0.16% | 1,004 | $468K | No change |
| NSC Norfolk Southern Corp. | 0.16% | 1,972 | $467K | Reduce -4.2% |
| GPC Genuine Parts Co. | 0.16% | 3,863 | $460K | Reduce -0.3% |
| MDLZ Mondelez International Inc. Class A | 0.14% | 6,181 | $419K | Add +14.9% |
| DOW Dow Inc. | 0.13% | 11,160 | $390K | New |
| MTN Vail Resorts Inc. | 0.13% | 2,425 | $388K | Add +27.5% |
| DNLI Denali Therapeutics Inc. | 0.13% | 27,771 | $378K | Add +77.6% |
| JPM JPMorgan Chase & Co. | 0.13% | 1,537 | $377K | No change |
| MRVI Maravai Lifesciences Hldgs-A | 0.12% | 156,334 | $345K | Add +5.5% |
| UPS United Parcel Service Class B | 0.11% | 2,841 | $312K | New |
| AIG American International Group | 0.11% | 3,594 | $312K | No change |
| AVY Avery Dennison Corp. | 0.10% | 1,651 | $294K | No change |
| SPG Simon Property Group Inc. | 0.10% | 1,683 | $280K | Reduce -2.9% |
| GRMN Garmin Ltd. | 0.09% | 1,214 | $264K | No change |
| XRAY Dentsply Sirona Inc. | 0.09% | 16,633 | $248K | Reduce -66.1% |
| TXN Texas Instruments Inc. | 0.08% | 1,315 | $236K | Reduce -13.7% |
| KKR KKR & Co. Inc. | 0.08% | 2,009 | $232K | No change |
| RCKT Rocket Pharmaceuticals Inc. | 0.07% | 30,959 | $206K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.03% | 150 | $84K | No change |
Options reported separately and not counted above: SPY puts ($7.0M), MMM puts ($2.2M), AMZN puts ($1.9M), MSFT puts ($1.9M), TSLA calls ($1.6M), META puts ($1.4M), BAC puts ($1.1M), C puts ($1.1M), ADBE calls ($959K), UBER puts ($933K), BKNG puts ($921K), DE puts ($751K), and 11 more.
Portfolio Sells Q4 2024 → Q1 2025
| GBX Greenbrier Companies Inc. | Reduce -33.3% | 1.18% | −0.92 |
| TDW Tidewater Inc. | Sold out | 0.00% | −0.77 |
| GOOGL Alphabet Inc. Class A | Reduce -3.5% | 2.64% | −0.70 |
| MDT Medtronic PLC | Reduce -71.6% | 0.33% | −0.70 |
| HUBG Hub Group Inc. Class A | Reduce -0.3% | 3.19% | −0.63 |
| CNM Core & Main Inc. Class A | Sold out | 0.00% | −0.56 |
| CIVI Civitas Resources Inc. | Reduce -7.9% | 1.18% | −0.50 |
| EPD Enterprise Products Partners | Sold out | 0.00% | −0.50 |
| CASY Casey's General Stores Inc. | Reduce -60.1% | 0.38% | −0.49 |
| ZBRA Zebra Technologies Corp. Class A | Sold out | 0.00% | −0.47 |
| CFR Cullen/Frost Bankers Inc. | Reduce -50.8% | 0.36% | −0.42 |
| RRC Range Resources Corp. | Reduce -31.5% | 0.97% | −0.30 |
| ROIV Roivant Sciences Ltd. | Sold out | 0.00% | −0.28 |
| HLI Houlihan Lokey Inc. | Sold out | 0.00% | −0.28 |
| FROG Jfrog Ltd. | Reduce -35.6% | 0.65% | −0.28 |
| ASH Ashland Inc. | Reduce -11.0% | 0.70% | −0.24 |
| XRAY Dentsply Sirona Inc. | Reduce -66.1% | 0.09% | −0.23 |
| SBUX Starbucks Corp. | Reduce -22.2% | 1.10% | −0.21 |
| MSFT Microsoft Corp. | Reduce -6.4% | 1.03% | −0.20 |
| NOW ServiceNow Inc. | Reduce -9.5% | 0.41% | −0.19 |
| ET Energy Transfer LP | Sold out | 0.00% | −0.19 |
| FDX FedEx Corp. | Reduce -24.5% | 0.34% | −0.18 |
| BKR Baker Hughes Co. | Reduce -29.8% | 0.52% | −0.17 |
| WEN The Wendy's Co. | Sold out | 0.00% | −0.16 |
| PYPL PayPal Holdings Inc. | Reduce -21.9% | 0.24% | −0.16 |
| GHC Graham Holdings Co. Class B | Reduce -13.9% | 2.75% | −0.14 |
| ADSK Autodesk Inc. | Reduce -5.0% | 0.74% | −0.14 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −0.13 |
| NKE Nike Inc. Class B | Reduce -1.1% | 0.59% | −0.12 |
| CRM Salesforce Inc. | Reduce -0.8% | 0.43% | −0.11 |
| AIT Applied Industrial Tech Inc. | Reduce -0.5% | 1.68% | −0.11 |
| AR Antero Resources Corp. | Reduce -24.0% | 0.78% | −0.11 |
| SRCE 1ST Source Corp. | Reduce -15.5% | 0.66% | −0.10 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Reduce -6.9% | 0.41% | −0.10 |
| META Meta Platforms Inc. Class A | Reduce -9.9% | 0.70% | −0.09 |
| WCC Wesco International Inc. | Sold out | 0.00% | −0.08 |
| BKNG Booking Holdings Inc. | Reduce -6.7% | 0.49% | −0.07 |
| CMPR Cimpress PLC | Sold out | 0.00% | −0.07 |
| COOP Mr Cooper Group Inc. | Reduce -36.3% | 0.16% | −0.04 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.03 |
| TXN Texas Instruments Inc. | Reduce -13.7% | 0.08% | −0.02 |
| MAS Masco Corp. | Reduce -3.5% | 0.18% | −0.01 |
| C Citigroup Inc. | Reduce -3.1% | 0.62% | −0.01 |
| SPG Simon Property Group Inc. | Reduce -2.9% | 0.10% | −0.01 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.01 |
| NSC Norfolk Southern Corp. | Reduce -4.2% | 0.16% | −0.00 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.00 |
| MMM 3M Co. | Reduce -12.7% | 0.54% | −0.00 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -11.6% | 0.32% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| CSX CSX Corp. | Add +91.9% | 1.56% | +0.67 |
| PEP Pepsico Inc. | Add +71.2% | 1.54% | +0.63 |
| SYY Sysco Corp. | Add +39.5% | 2.18% | +0.59 |
| BRKR Bruker Corp. | Add +239.2% | 0.98% | +0.58 |
| NFG National Fuel Gas Co. | New | 0.53% | +0.53 |
| ALGN Align Technology Inc. | Add +724.6% | 0.60% | +0.50 |
| WNC Wabash National Corp. | New | 0.49% | +0.49 |
| LECO Lincoln Electric Holdings | Add +27.1% | 2.17% | +0.48 |
| TMO Thermo Fisher Scientific Inc. | New | 0.40% | +0.40 |
| JNJ Johnson & Johnson | Add +4.9% | 2.24% | +0.38 |
| NOC Northrop Grumman Corp. | Add +23.6% | 1.39% | +0.36 |
| WHD Cactus Inc. Class A | Add +96.5% | 1.01% | +0.36 |
| VVV Valvoline Inc. | Add +36.9% | 1.38% | +0.34 |
| NLOP Net Lease Office Property | New | 0.31% | +0.31 |
| WIX Wix.com Ltd. | Add +74.8% | 1.06% | +0.27 |
| ADBE Adobe Inc. | New | 0.26% | +0.26 |
| AGM Federal Agric MTG Corp. Class C | Add +48.3% | 0.84% | +0.25 |
| ACGL Arch Capital Group Ltd. | Add +9.7% | 1.79% | +0.23 |
| ZTS Zoetis Inc. | Add +42.7% | 0.72% | +0.22 |
| T AT&T Inc. | Add +0.0% | 1.07% | +0.21 |
| SEMR Semrush Holdings Inc. Class A | Add +115.0% | 0.50% | +0.21 |
| FIS Fidelity National Info Serv | Add +29.7% | 1.14% | +0.19 |
| IBP Installed Building Products | New | 0.19% | +0.19 |
| JBI Janus International Group Inc. | Add +48.3% | 0.58% | +0.18 |
| CRTO Criteo SA-Spon | Add +20.2% | 2.29% | +0.17 |
| TSN Tyson Foods Inc. Class A | Add +45.6% | 0.39% | +0.15 |
| MO Altria Group Inc. | Add +0.2% | 1.03% | +0.14 |
| ELV Elevance Health Inc. | Add +28.9% | 0.40% | +0.14 |
| MPLX MPLX LP | Add +11.9% | 0.66% | +0.14 |
| DOW Dow Inc. | New | 0.13% | +0.13 |
| ONTO Onto Innovation Inc. | Add +102.5% | 0.39% | +0.13 |
| NOMD Nomad Foods Ltd. | Add +25.9% | 0.39% | +0.13 |
| WOR Worthington Enterprises Inc. | Add +2.1% | 0.54% | +0.12 |
| LYB Lyondellbasell Indu Class A | Add +73.3% | 0.28% | +0.11 |
| UPS United Parcel Service Class B | New | 0.11% | +0.11 |
| DIS The Walt Disney Co. | Add +20.5% | 1.59% | +0.11 |
| SEB Seaboard Corp. | Add +1.1% | 0.89% | +0.10 |
| TBBB BBB Foods Inc. Class A | Add +66.7% | 0.23% | +0.08 |
| UBER Uber Technologies Inc. | Add +9.3% | 0.33% | +0.08 |
| SU Suncor Energy Inc. | Add +0.1% | 0.86% | +0.07 |
| MOV Movado Group Inc. | Add +26.3% | 0.82% | +0.06 |
| EA Electronic Arts Inc. | Add +47.6% | 0.18% | +0.06 |
| BATRK Atlanta Braves Holdings in-C | Add +0.2% | 1.05% | +0.05 |
| GTX Garrett Motion Inc. | Add +22.9% | 0.35% | +0.04 |
| MDLZ Mondelez International Inc. Class A | Add +14.9% | 0.14% | +0.03 |
| CMCSA Comcast Corp. Class A | Add +27.1% | 0.17% | +0.03 |
| HD Home Depot Inc. | Add +14.0% | 0.44% | +0.03 |
| SNCY Sun Country Airlines Holding | Add +24.3% | 0.54% | +0.03 |
| DNLI Denali Therapeutics Inc. | Add +77.6% | 0.13% | +0.02 |
| PFGC Performance Food Group Co. | Add +8.6% | 1.26% | +0.02 |
Options Activity Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | put | Sold out | 55,000 | $7.4Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -47.9% | 12,500 | $7.0M |
| TSLA Tesla Inc. | put | Sold out | 12,000 | $4.8Mbefore exit |
| NVDA Nvidia Corp. | call | Sold out | 20,000 | $2.7Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 5,000 | $2.6Mbefore exit |
| AMZN Amazon.com Inc. | put | Reduce -50.0% | 10,000 | $1.9M |
| MSFT Microsoft Corp. | put | Reduce -28.6% | 5,000 | $1.9M |
| GS Goldman Sachs Group Inc. | put | Sold out | 3,200 | $1.8Mbefore exit |
| CRM Salesforce Inc. | put | Sold out | 5,000 | $1.7Mbefore exit |
| TSLA Tesla Inc. | call | Add +300.0% | 6,000 | $1.6M |
| META Meta Platforms Inc. Class A | put | Reduce -7.4% | 2,500 | $1.4M |
| ACN Accenture PLC Class A | put | Sold out | 4,000 | $1.4Mbefore exit |
| ARKK ARK Innovation ETF | put | Sold out | 23,000 | $1.3Mbefore exit |
| EPD Enterprise Products Partners | put | Sold out | 40,000 | $1.3Mbefore exit |
| C Citigroup Inc. | put | Reduce -16.7% | 15,000 | $1.1M |
| ADBE Adobe Inc. | call | New | 2,500 | $959K |
| UBER Uber Technologies Inc. | put | Add +64.1% | 12,800 | $933K |
| BKNG Booking Holdings Inc. | put | New | 200 | $921K |
| JBHT Hunt (jb) Transprt SVCS Inc. | put | New | 5,000 | $740K |
| BKR Baker Hughes Co. | put | Reduce -34.8% | 16,300 | $716K |
| FDX FedEx Corp. | put | Sold out | 2,500 | $703Kbefore exit |
| HUM Humana Inc. | call | Sold out | 2,700 | $685Kbefore exit |
| EPAM Epam Systems Inc. | put | Add +33.3% | 4,000 | $675K |
| MCHP Microchip Technology Inc. | put | Add +200.0% | 12,000 | $581K |
| NOW ServiceNow Inc. | put | Reduce -78.8% | 700 | $557K |
| GOOGL Alphabet Inc. Class A | put | Reduce -84.1% | 3,500 | $541K |
| DOW Dow Inc. | put | New | 15,000 | $524K |
| LYB Lyondellbasell Indu Class A | put | New | 7,000 | $493K |
| WDAY Workday Inc. Class A | put | New | 1,700 | $397K |
| ADSK Autodesk Inc. | put | Reduce -71.4% | 1,200 | $314K |
| PYPL PayPal Holdings Inc. | put | Sold out | 3,000 | $256Kbefore exit |
| ALGN Align Technology Inc. | put | New | 1,000 | $159K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 131 | $406.5M | KEX, CRTO, WOR, GOOGL, BRK.B |
| Q1 2026Amended | 133 | $386.6M | KEX, CRTO, BRK.B, WIX, WOR |
| Q4 2025Amended | 130 | $367.1M | KEX, HUBG, BRK.B, GOOGL, CRTO |
| Q3 2025 | 131 | $347.1M | KEX, BRK.B, HUBG, GOOGL, WIX |
| Q2 2025 | 132 | $336.4M | KEX, BRK.B, HUBG, GOOGL, CRTO |
| Q1 2025 | 130 | $291.4M | KEX, BRK.B, HUBG, GHC, GOOGL |
| Q4 2024 | 137 | $292.4M | KEX, HUBG, GOOGL, BRK.B, GHC |
| Q3 2024 | 137 | $292.5M | KEX, HUBG, BRK.B, GOOGL, GHC |
| Q2 2024 | 141 | $282.5M | KEX, BRK.B, HUBG, GOOGL, GHC |
| Q1 2024 | 142 | $271.6M | KEX, BRK.B, HUBG, GOOGL, GBX |