VELA Investment Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed August 27, 2026), VELA Investment Management, LLC reported 133 stock positions worth $386.6 million. Its top holding was Kirby (KEX) at 4.9% of the portfolio, followed by Criteo SA-Spon (CRTO, 3.7%) and Berkshire Hathaway Class B (BRK.B, 2.9%). Compared with Q4 2025, it opened 15 new positions, sold out of 12, added to 63 and reduced 47. The biggest buy was Worthington Enterprises (WOR, shares +177%) and the biggest sale an exit from Teradyne (TER).
- Most Recent 13F
- Q2 2026
- Location
- NEW ALBANY, OH
- CIK
- 0001895612
- Portfolio Value
- $386.6M (Q1 2026)
- SEC Filing
- 0001895612-26-000013 ↗ filed Aug 27, 2026
Holdings Value
Holdings 133 stocks · $386.6M
| KEX Kirby Corp. | 4.87% | 141,729 | $18.8M | Reduce -6.7% |
| CRTO Criteo SA-Spon | 3.74% | 806,009 | $14.5M | Add +48.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.88% | 23,262 | $11.1M | Reduce -0.6% |
| WIX Wix.com Ltd. | 2.88% | 123,695 | $11.1M | Add +28.1% |
| WOR Worthington Enterprises Inc. | 2.86% | 211,801 | $11.0M | Add +177.2% |
| HUBG Hub Group Inc. Class A | 2.78% | 297,782 | $10.7M | Reduce -6.0% |
| GOOGL Alphabet Inc. Class A | 2.73% | 36,761 | $10.6M | Reduce -1.9% |
| AMZN Amazon.com Inc. | 2.35% | 43,669 | $9.1M | Add +11.4% |
| LECO Lincoln Electric Holdings | 2.19% | 33,968 | $8.5M | Reduce -8.7% |
| CSX CSX Corp. | 1.94% | 182,572 | $7.5M | Reduce -4.9% |
| POOL Pool Corp. | 1.90% | 36,383 | $7.4M | Add +81.7% |
| JNJ Johnson & Johnson | 1.89% | 29,860 | $7.3M | Reduce -9.8% |
| CSL Carlisle Cos Inc. | 1.76% | 20,406 | $6.8M | Add +33.2% |
| WHD Cactus Inc. Class A | 1.73% | 141,470 | $6.7M | Reduce -1.6% |
| ACGL Arch Capital Group Ltd. | 1.55% | 62,618 | $6.0M | Add +3.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.52% | 61,015 | $5.9M | Add +17.1% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 1.50% | 36,786 | $5.8M | Add +169.6% |
| MUSA Murphy USA Inc. | 1.48% | 11,563 | $5.7M | Add +22.4% |
| ACN Accenture PLC Class A | 1.39% | 27,033 | $5.4M | Add +86.4% |
| PEP Pepsico Inc. | 1.34% | 33,343 | $5.2M | Add +1.1% |
| AXS Axis Capital Holdings Ltd. | 1.26% | 48,036 | $4.9M | Reduce -0.2% |
| GBX Greenbrier Companies Inc. | 1.26% | 92,281 | $4.9M | Add +2.0% |
| TMO Thermo Fisher Scientific Inc. | 1.23% | 9,654 | $4.7M | Add +13.5% |
| GHC Graham Holdings Co. Class B | 1.18% | 4,323 | $4.6M | Reduce -12.1% |
| BATRK Atlanta Braves Holdings in-C | 1.15% | 104,575 | $4.5M | Add +22.2% |
| CPA Copa Holdings SA Class A | 1.15% | 39,034 | $4.4M | Add +6.2% |
| MOV Movado Group Inc. | 1.13% | 179,400 | $4.4M | Reduce -3.0% |
| AR Antero Resources Corp. | 1.11% | 101,230 | $4.3M | Reduce -20.2% |
| GIL Gildan Activewear Inc. | 1.05% | 72,705 | $4.0M | Add +50.2% |
| SNCY Sun Country Airlines Holding filed as SUN CTRY AIRLS HLDGS INC | 1.04% | 243,658 | $4.0M | Add +1.9% |
| AGI Alamos Gold Inc. Class A | 0.99% | 86,285 | $3.8M | Reduce -24.8% |
| SYY Sysco Corp. | 0.95% | 51,711 | $3.7M | Reduce -38.5% |
| BKNG Booking Holdings Inc. | 0.94% | 865 | $3.6M | Add +239.2% |
| VVV Valvoline Inc. | 0.91% | 104,788 | $3.5M | Reduce -19.7% |
| EFX Equifax Inc. | 0.91% | 19,574 | $3.5M | New |
| BRKR Bruker Corp. | 0.91% | 97,294 | $3.5M | Reduce -3.7% |
| IPAR Interparfums Inc. | 0.90% | 38,408 | $3.5M | New |
| AIT Applied Industrial Tech Inc. | 0.89% | 13,039 | $3.5M | Reduce -35.9% |
| EPAM Epam Systems Inc. | 0.89% | 25,547 | $3.5M | Add +62.7% |
| MSFT Microsoft Corp. | 0.88% | 9,199 | $3.4M | Add +26.6% |
| PFGC Performance Food Group Co. | 0.87% | 39,173 | $3.4M | Add +25.6% |
| LW Lamb Weston Holdings Inc. | 0.85% | 78,141 | $3.3M | New |
| ALGN Align Technology Inc. | 0.85% | 19,138 | $3.3M | Add +0.2% |
| LMB Limbach Holdings Inc. | 0.84% | 41,600 | $3.2M | New |
| NFG National Fuel Gas Co. | 0.82% | 33,925 | $3.2M | Add +35.5% |
| EHC Encompass Health Corp. | 0.80% | 31,886 | $3.1M | Add +98.5% |
| AGO Assured Guaranty Ltd. | 0.74% | 34,892 | $2.8M | Add +1.0% |
| PAL Proficient Auto Logistics Inc. | 0.72% | 412,605 | $2.8M | Add +71.9% |
| TDW Tidewater Inc. | 0.71% | 32,706 | $2.7M | Add +2.3% |
| SSD Simpson Manufacturing Co. Inc. | 0.70% | 15,761 | $2.7M | Add +4.8% |
| PPG PPG Industries Inc. | 0.69% | 24,934 | $2.7M | Reduce -0.3% |
| RRC Range Resources Corp. | 0.68% | 58,354 | $2.6M | Reduce -10.3% |
| TTC Toro Co. | 0.66% | 27,503 | $2.6M | Add +1.1% |
| SU Suncor Energy Inc. | 0.66% | 38,771 | $2.6M | Reduce -28.7% |
| SUPN Supernus Pharmaceuticals Inc. | 0.66% | 49,295 | $2.5M | Add +2.1% |
| JBI Janus International Group Inc. | 0.64% | 483,211 | $2.5M | Add +28.7% |
| ETSY Etsy Inc. | 0.62% | 47,833 | $2.4M | Add +150.2% |
| SIBN Si-Bone Inc. | 0.61% | 187,160 | $2.4M | Add +33.3% |
| FOUR SHIFT4 Payments Inc. Class A | 0.61% | 53,696 | $2.3M | Add +4.9% |
| AGM Federal Agric MTG Corp. Class C | 0.60% | 15,696 | $2.3M | Add +449.2% |
| GMED Globus Medical Inc. Class A | 0.59% | 26,429 | $2.3M | Add +1.6% |
| ESNT Essent Group Ltd. | 0.59% | 38,791 | $2.3M | New |
| IMKTA Ingles Markets Inc. Class A | 0.58% | 25,163 | $2.3M | Add +1.3% |
| HLI Houlihan Lokey Inc. | 0.58% | 15,614 | $2.2M | New |
| ABT Abbott Laboratories | 0.55% | 20,786 | $2.1M | Reduce -23.7% |
| IBP Installed Building Products | 0.54% | 7,843 | $2.1M | Reduce -25.8% |
| DOO BRP Inc./Ca- Sub Voting | 0.50% | 27,108 | $1.9M | Add +19.6% |
| BKR Baker Hughes Co. | 0.50% | 31,764 | $1.9M | Reduce -1.1% |
| COKE Coca-Cola Consolidated Inc. | 0.48% | 9,591 | $1.8M | Reduce -64.9% |
| ZTS Zoetis Inc. | 0.47% | 15,528 | $1.8M | Add +4.4% |
| NOMD Nomad Foods Ltd. | 0.46% | 187,000 | $1.8M | Add +52.8% |
| MET Metlife Inc. | 0.46% | 25,096 | $1.8M | Add +7.0% |
| MAMA Mama's Creations Inc. | 0.46% | 115,696 | $1.8M | Reduce -48.9% |
| PRCT Procept Biorobotics Corp. | 0.45% | 70,209 | $1.8M | Add +90.7% |
| CRM Salesforce Inc. | 0.44% | 9,107 | $1.7M | Add +33.1% |
| TTE Totalenergies SE | 0.43% | 18,000 | $1.7M | Reduce -20.4% |
| META Meta Platforms Inc. Class A | 0.43% | 2,929 | $1.7M | Reduce -2.4% |
| C Citigroup Inc. | 0.41% | 14,097 | $1.6M | Reduce -14.6% |
| GLOB Globant SA | 0.41% | 34,100 | $1.6M | Add +103.0% |
| CPAY Corpay Inc. | 0.40% | 5,343 | $1.6M | Add +23.0% |
| NLOP Net Lease Office Property | 0.40% | 133,780 | $1.5M | Add +41.8% |
| SPSC SPS Commerce Inc. | 0.37% | 25,691 | $1.4M | Add +31.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.36% | 8,805 | $1.4M | Reduce -5.9% |
| TBBB BBB Foods Inc. Class A | 0.36% | 39,100 | $1.4M | Reduce -9.3% |
| ARCO Arcos Dorados Holdings Inc. Class A | 0.36% | 167,400 | $1.4M | Add +10.9% |
| NI Nisource Inc. | 0.35% | 29,031 | $1.4M | Add +22.2% |
| AZN Astrazeneca PLC | 0.34% | 6,592 | $1.3M | Reduce -5.7% |
| HD Home Depot Inc. | 0.33% | 3,927 | $1.3M | No change |
| V Visa Inc. Class A | 0.33% | 4,239 | $1.3M | No change |
| TSN Tyson Foods Inc. Class A | 0.33% | 19,948 | $1.3M | Reduce -10.7% |
| NKE Nike Inc. Class B | 0.32% | 23,672 | $1.3M | Add +5.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.32% | 25,065 | $1.2M | No change |
| ADSK Autodesk Inc. | 0.31% | 5,028 | $1.2M | Add +12.5% |
| SCHW Schwab (charles) Corp. | 0.30% | 12,426 | $1.2M | Reduce -12.9% |
| BWXT BWX Technologies Inc. | 0.29% | 5,561 | $1.1M | Reduce -2.4% |
| MMM 3M Co. | 0.28% | 7,417 | $1.1M | Add +14.6% |
| NOW ServiceNow Inc. | 0.26% | 9,468 | $990K | Add +24.7% |
| FDX FedEx Corp. | 0.25% | 2,736 | $975K | Reduce -42.1% |
| DECK Deckers Outdoor Corp. | 0.25% | 9,563 | $957K | Add +3.0% |
| MPLX MPLX LP | 0.24% | 16,513 | $942K | Reduce -53.3% |
| DE Deere & Co. | 0.24% | 1,641 | $924K | Reduce -16.2% |
| UBER Uber Technologies Inc. | 0.23% | 12,092 | $870K | Reduce -0.0% |
| MTN Vail Resorts Inc. | 0.16% | 4,878 | $626K | Add +26.7% |
| NOC Northrop Grumman Corp. | 0.16% | 899 | $613K | Reduce -85.2% |
| FIS Fidelity National Info Serv | 0.16% | 13,072 | $613K | Reduce -73.6% |
| GOOG Alphabet Inc. Class C | 0.15% | 2,056 | $590K | No change |
| KKR KKR & Co. Inc. | 0.15% | 6,310 | $584K | Reduce -19.9% |
| MDT Medtronic PLC | 0.15% | 6,686 | $579K | Add +14.4% |
| NFLX Netflix Inc. | 0.14% | 5,745 | $552K | New |
| ABBV Abbvie Inc. | 0.14% | 2,454 | $534K | Reduce -67.0% |
| SPG Simon Property Group Inc. | 0.13% | 2,705 | $505K | Add +36.1% |
| RKT Rocket Cos Inc. Class A | 0.13% | 34,876 | $497K | Reduce -19.1% |
| FIBK First Interstate Bancsys-A | 0.13% | 14,601 | $488K | Add +26.9% |
| MA Mastercard Inc. Class A | 0.12% | 958 | $479K | New |
| BXP BXP Inc. | 0.12% | 9,147 | $475K | Add +93.5% |
| UNP Union Pacific Corp. | 0.11% | 1,761 | $427K | Add +5.1% |
| LIN Linde PLC | 0.11% | 859 | $426K | No change |
| DPZ Domino's Pizza Inc. | 0.10% | 1,111 | $399K | New |
| CMCSA Comcast Corp. Class A | 0.09% | 12,393 | $356K | No change |
| GRMN Garmin Ltd. | 0.09% | 1,510 | $350K | No change |
| SBUX Starbucks Corp. | 0.09% | 3,875 | $347K | Reduce -64.6% |
| AMD Advanced Micro Devices | 0.08% | 1,584 | $322K | Reduce -24.5% |
| FLO Flowers Foods Inc. | 0.08% | 37,751 | $308K | New |
| MDLZ Mondelez International Inc. Class A | 0.08% | 5,118 | $295K | Add +4.0% |
| WCC Wesco International Inc. | 0.07% | 1,060 | $290K | Reduce -7.5% |
| VOO Vanguard S&P 500 ETF | 0.07% | 433 | $259K | New |
| VTI VG Morningstar TS MKT ETF-US | 0.07% | 797 | $256K | No change |
| ICLR Icon PLC | 0.06% | 1,994 | $221K | New |
| CMPR Cimpress PLC | 0.05% | 2,743 | $200K | New |
| AIG American International Group | 0.02% | 1,217 | $92K | Reduce -66.1% |
| UHG United Homes Group Inc. | 0.02% | 56,000 | $65K | New |
| XLE SS Energy Select Sector | 0.01% | 724 | $44K | New |
| UNH Unitedhealth Group Inc. | 0.00% | 11 | $3K | Add +175.0% |
Options reported separately and not counted above: TSM calls ($2.7M), UNH calls ($2.2M), C puts ($2.1M), AMZN puts ($2.1M), GOOGL puts ($2.0M), XLE puts ($1.8M), JNJ puts ($1.7M), ARKK puts ($1.5M), DECK puts ($1.5M), ALGN puts ($1.4M), META puts ($1.3M), BKR puts ($1.2M), and 26 more.
Other holdings (1): bonds, preferreds, convertibles and warrants · $322K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 6,000 | $322K | Add +100.0% |
Total filed on the 13F, all lines: $387.0M.
Portfolio Sells Q4 2025 → Q1 2026
| TER Teradyne Inc. | Sold out | 0.00% | −1.16 |
| HUBG Hub Group Inc. Class A | Reduce -6.0% | 2.78% | −0.90 |
| NOC Northrop Grumman Corp. | Reduce -85.2% | 0.16% | −0.79 |
| FIS Fidelity National Info Serv | Reduce -73.6% | 0.16% | −0.74 |
| SYY Sysco Corp. | Reduce -38.5% | 0.95% | −0.73 |
| SEB Seaboard Corp. | Sold out | 0.00% | −0.73 |
| COKE Coca-Cola Consolidated Inc. | Reduce -64.9% | 0.48% | −0.67 |
| BOKF Bok Financial Corporation | Sold out | 0.00% | −0.58 |
| AIT Applied Industrial Tech Inc. | Reduce -35.9% | 0.89% | −0.53 |
| GOOGL Alphabet Inc. Class A | Reduce -1.9% | 2.73% | −0.46 |
| NEU Newmarket Corp. | Sold out | 0.00% | −0.40 |
| BRKR Bruker Corp. | Reduce -3.7% | 0.91% | −0.39 |
| OSG Octave Specialty Group Inc. | Sold out | 0.00% | −0.38 |
| ABT Abbott Laboratories | Reduce -23.7% | 0.55% | −0.38 |
| MAMA Mama's Creations Inc. | Reduce -48.9% | 0.46% | −0.37 |
| ABBV Abbvie Inc. | Reduce -67.0% | 0.14% | −0.33 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.6% | 2.88% | −0.32 |
| GHC Graham Holdings Co. Class B | Reduce -12.1% | 1.18% | −0.29 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.28 |
| MPLX MPLX LP | Reduce -53.3% | 0.24% | −0.27 |
| LECO Lincoln Electric Holdings | Reduce -8.7% | 2.19% | −0.24 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.22 |
| AGI Alamos Gold Inc. Class A | Reduce -24.8% | 0.99% | −0.21 |
| IBP Installed Building Products | Reduce -25.8% | 0.54% | −0.21 |
| SBUX Starbucks Corp. | Reduce -64.6% | 0.09% | −0.16 |
| GPC Genuine Parts Co. | Sold out | 0.00% | −0.15 |
| AXS Axis Capital Holdings Ltd. | Reduce -0.2% | 1.26% | −0.14 |
| KKR KKR & Co. Inc. | Reduce -19.9% | 0.15% | −0.12 |
| VVV Valvoline Inc. | Reduce -19.7% | 0.91% | −0.12 |
| FDX FedEx Corp. | Reduce -42.1% | 0.25% | −0.12 |
| C Citigroup Inc. | Reduce -14.6% | 0.41% | −0.11 |
| AVY Avery Dennison Corp. | Sold out | 0.00% | −0.11 |
| META Meta Platforms Inc. Class A | Reduce -2.4% | 0.43% | −0.11 |
| RKT Rocket Cos Inc. Class A | Reduce -19.1% | 0.13% | −0.10 |
| SCHW Schwab (charles) Corp. | Reduce -12.9% | 0.30% | −0.09 |
| AR Antero Resources Corp. | Reduce -20.2% | 1.11% | −0.08 |
| NWE Northwestern Energy Group Inc. | Sold out | 0.00% | −0.07 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.06 |
| AIG American International Group | Reduce -66.1% | 0.02% | −0.06 |
| WHD Cactus Inc. Class A | Reduce -1.6% | 1.73% | −0.06 |
| UBER Uber Technologies Inc. | Reduce -0.0% | 0.23% | −0.04 |
| AMD Advanced Micro Devices | Reduce -24.5% | 0.08% | −0.04 |
| TBBB BBB Foods Inc. Class A | Reduce -9.3% | 0.36% | −0.03 |
| TJX TJX Companies Inc. | Reduce -5.9% | 0.36% | −0.03 |
| TSN Tyson Foods Inc. Class A | Reduce -10.7% | 0.33% | −0.03 |
| AZN Astrazeneca PLC | Reduce -5.7% | 0.34% | −0.01 |
| DE Deere & Co. | Reduce -16.2% | 0.24% | −0.01 |
| PPG PPG Industries Inc. | Reduce -0.3% | 0.69% | −0.01 |
| WCC Wesco International Inc. | Reduce -7.5% | 0.07% | −0.00 |
Portfolio Buys Q4 2025 → Q1 2026
| WOR Worthington Enterprises Inc. | Add +177.2% | 2.86% | +1.78 |
| EFX Equifax Inc. | New | 0.91% | +0.91 |
| IPAR Interparfums Inc. | New | 0.90% | +0.90 |
| LW Lamb Weston Holdings Inc. | New | 0.85% | +0.85 |
| LMB Limbach Holdings Inc. | New | 0.84% | +0.84 |
| JKHY Jack Henry & Associates Inc. | Add +169.6% | 1.50% | +0.83 |
| CRTO Criteo SA-Spon | Add +48.7% | 3.74% | +0.70 |
| POOL Pool Corp. | Add +81.7% | 1.90% | +0.66 |
| ESNT Essent Group Ltd. | New | 0.59% | +0.59 |
| HLI Houlihan Lokey Inc. | New | 0.58% | +0.58 |
| BKNG Booking Holdings Inc. | Add +239.2% | 0.94% | +0.57 |
| AGM Federal Agric MTG Corp. Class C | Add +449.2% | 0.60% | +0.47 |
| MUSA Murphy USA Inc. | Add +22.4% | 1.48% | +0.44 |
| CSL Carlisle Cos Inc. | Add +33.2% | 1.76% | +0.43 |
| EHC Encompass Health Corp. | Add +98.5% | 0.80% | +0.33 |
| ETSY Etsy Inc. | Add +150.2% | 0.62% | +0.33 |
| ACN Accenture PLC Class A | Add +86.4% | 1.39% | +0.33 |
| NFG National Fuel Gas Co. | Add +35.5% | 0.82% | +0.28 |
| TDW Tidewater Inc. | Add +2.3% | 0.71% | +0.27 |
| BATRK Atlanta Braves Holdings in-C | Add +22.2% | 1.15% | +0.24 |
| GIL Gildan Activewear Inc. | Add +50.2% | 1.05% | +0.22 |
| WIX Wix.com Ltd. | Add +28.1% | 2.88% | +0.15 |
| NFLX Netflix Inc. | New | 0.14% | +0.14 |
| PRCT Procept Biorobotics Corp. | Add +90.7% | 0.45% | +0.14 |
| MA Mastercard Inc. Class A | New | 0.12% | +0.12 |
| IMKTA Ingles Markets Inc. Class A | Add +1.3% | 0.58% | +0.12 |
| GLOB Globant SA | Add +103.0% | 0.41% | +0.11 |
| GBX Greenbrier Companies Inc. | Add +2.0% | 1.26% | +0.10 |
| PFGC Performance Food Group Co. | Add +25.6% | 0.87% | +0.10 |
| SNCY Sun Country Airlines Holding | Add +1.9% | 1.04% | +0.10 |
| DPZ Domino's Pizza Inc. | New | 0.10% | +0.10 |
| PAL Proficient Auto Logistics Inc. | Add +71.9% | 0.72% | +0.09 |
| TTC Toro Co. | Add +1.1% | 0.66% | +0.08 |
| NI Nisource Inc. | Add +22.2% | 0.35% | +0.08 |
| FLO Flowers Foods Inc. | New | 0.08% | +0.08 |
| VOO Vanguard S&P 500 ETF | New | 0.07% | +0.07 |
| DOO BRP Inc./Ca- Sub Voting | Add +19.6% | 0.50% | +0.07 |
| ICLR Icon PLC | New | 0.06% | +0.06 |
| ARCO Arcos Dorados Holdings Inc. Class A | Add +10.9% | 0.36% | +0.06 |
| CMPR Cimpress PLC | New | 0.05% | +0.05 |
| PEP Pepsico Inc. | Add +1.1% | 1.34% | +0.05 |
| NOMD Nomad Foods Ltd. | Add +52.8% | 0.46% | +0.05 |
| CPAY Corpay Inc. | Add +23.0% | 0.40% | +0.05 |
| SSD Simpson Manufacturing Co. Inc. | Add +4.8% | 0.70% | +0.04 |
| ALGN Align Technology Inc. | Add +0.2% | 0.85% | +0.04 |
| BXP BXP Inc. | Add +93.5% | 0.12% | +0.04 |
| SPG Simon Property Group Inc. | Add +36.1% | 0.13% | +0.03 |
| MTN Vail Resorts Inc. | Add +26.7% | 0.16% | +0.02 |
| EPAM Epam Systems Inc. | Add +62.7% | 0.89% | +0.02 |
| FIBK First Interstate Bancsys-A | Add +26.9% | 0.13% | +0.02 |
Options Activity Q4 2025 → Q1 2026
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 10,000 | $6.8Mbefore exit |
| GLD SPDR Gold Shares | put | Sold out | 9,000 | $3.6Mbefore exit |
| TSM Taiwan Semiconductor-SP ADR | call | Add +100.0% | 8,000 | $2.7M |
| XLE SS Energy Select Sector | put | New | 30,000 | $1.8M |
| JNJ Johnson & Johnson | put | New | 7,000 | $1.7M |
| ARKK ARK Innovation ETF | put | Reduce -67.9% | 22,500 | $1.5M |
| DECK Deckers Outdoor Corp. | put | Add +200.0% | 15,000 | $1.5M |
| ALGN Align Technology Inc. | put | Add +6.7% | 8,000 | $1.4M |
| MSFT Microsoft Corp. | put | Reduce -25.0% | 3,000 | $1.1M |
| INTC Intel Corp. | put | Sold out | 30,000 | $1.1Mbefore exit |
| FDX FedEx Corp. | put | Reduce -50.0% | 3,000 | $1.1M |
| MPLX MPLX LP | put | Sold out | 19,100 | $1.0Mbefore exit |
| ADSK Autodesk Inc. | put | New | 4,000 | $958K |
| EPAM Epam Systems Inc. | put | Add +40.0% | 7,000 | $948K |
| IONS Ionis Pharmaceuticals Inc. | call | Add +150.0% | 12,500 | $939K |
| CRM Salesforce Inc. | put | Add +66.7% | 5,000 | $933K |
| WIX Wix.com Ltd. | call | New | 10,100 | $910K |
| DE Deere & Co. | put | Sold out | 1,900 | $885Kbefore exit |
| NOW ServiceNow Inc. | put | Add +33.3% | 8,000 | $836K |
| CSX CSX Corp. | put | New | 20,000 | $821K |
| SLV iShares Silver Trust | put | New | 12,000 | $818K |
| ACN Accenture PLC Class A | put | Sold out | 3,000 | $805Kbefore exit |
| WIX Wix.com Ltd. | put | Add +100.0% | 8,000 | $721K |
| SBUX Starbucks Corp. | put | Sold out | 7,800 | $657Kbefore exit |
| WDAY Workday Inc. Class A | put | Sold out | 3,000 | $644Kbefore exit |
| ZTS Zoetis Inc. | put | Sold out | 4,500 | $566Kbefore exit |
| PYPL PayPal Holdings Inc. | call | New | 12,500 | $565K |
| KEX Kirby Corp. | put | New | 4,000 | $532K |
| CNC Centene Corp. | call | Sold out | 12,500 | $514Kbefore exit |
| OWL Blue Owl Capital Inc. | put | New | 55,000 | $502K |
| KKR KKR & Co. Inc. | put | New | 5,000 | $463K |
| AXSM Axsome Therapeutics Inc. | call | Reduce -50.0% | 2,000 | $338K |
| ACGL Arch Capital Group Ltd. | put | Reduce -40.0% | 3,000 | $288K |
| ABBV Abbvie Inc. | put | New | 1,000 | $217K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | Add +100.0% | 6,000 | $322K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages 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 |