Vela Investment Management 13F annual report
Vela Investment Management is an investment fund managing more than $283 billion ran by Jason Job. There are currently 141 companies in Mr. Job’s portfolio. The largest investments include Kirby and Berkshire Hathaway, together worth $25.1 billion.
$283 billion Assets Under Management (AUM)
As of 29th July 2024, Vela Investment Management’s top holding is 118,792 shares of Kirby currently worth over $14.2 billion and making up 5.0% of the portfolio value.
Relative to the number of outstanding shares of Kirby, Vela Investment Management owns more than approximately 0.1% of the company.
In addition, the fund holds 26,621 shares of Berkshire Hathaway worth $10.8 billion, whose value grew 8.8% in the past six months.
The third-largest holding is Hub worth $10.3 billion and the next is Alphabet Inc worth $9.67 billion, with 53,087 shares owned.
Currently, Vela Investment Management's portfolio is worth at least $283 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Vela Investment Management
The Vela Investment Management office and employees reside in New Albany, Ohio. According to the last 13-F report filed with the SEC, Jason Job serves as the CFO at Vela Investment Management.
Recent trades
In the most recent 13F filing, Vela Investment Management revealed that it had opened a new position in
Coca-Cola Consolidated Inc and bought 4,088 shares worth $4.44 billion.
This means they effectively own approximately 0.1% of the company.
Coca-Cola Consolidated Inc makes up
26.9%
of the fund's Consumer Staples sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Hub by buying
20,971 additional shares.
This makes their stake in Hub total 239,183 shares worth $10.3 billion.
Hub dropped approximately 0.1% in the past year.
On the other hand, there are companies that Vela Investment Management is getting rid of from its portfolio.
Vela Investment Management closed its position in Nutanix Inc on 5th August 2024.
It sold the previously owned 41,563 shares for $2.57 billion.
Jason Job also disclosed a decreased stake in Kirby by 0.2%.
This leaves the value of the investment at $14.2 billion and 118,792 shares.
One of the smaller hedge funds
The two most similar investment funds to Vela Investment Management are Henry James International Management and Day & Ennis. They manage $283 billion and $283 billion respectively.
Jason Job investment strategy
Vela Investment Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Industrials — making up 19.2% of
the total portfolio value.
The fund focuses on investments in the United States as
66.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
41% of the total holdings value.
On the other hand, small-cap stocks make up only 2.1% of the portfolio.
The average market cap of the portfolio companies is close to $115 billion.
The complete list of Vela Investment Management trades based on 13F SEC filings
These positions were updated on August 5th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Kirby Corp. |
16.78%
118,792
|
$14,222,966,000 | 5.03% |
| Berkshire Hathaway Inc. |
4.13%
26,621
|
$10,829,423,000 | 3.83% |
| Hub Group, Inc. |
9.61%
239,183
|
$10,296,828,000 | 3.64% |
| Alphabet Inc |
2.05%
53,087
|
$9,669,797,000 | 3.42% |
| Graham Holdings Co. |
13.73%
9,839
|
$6,882,872,000 | 2.44% |
| Civitas Resources Inc |
8.48%
96,065
|
$6,628,485,000 | 2.35% |
| Greenbrier Cos Inc/the |
14.31%
131,371
|
$6,509,433,000 | 2.30% |
| Applied Industrial Technologie |
11.07%
25,936
|
$5,031,584,000 | 1.78% |
| Ashland Inc |
0.46%
50,251
|
$4,748,217,000 | 1.68% |
| Sysco Corp. |
2.03%
64,721
|
$4,620,432,000 | 1.64% |
| Johnson & Johnson |
212.37%
31,434
|
$4,594,420,000 | 1.63% |
| Arch Capital Group Ltd |
1.99%
44,627
|
$4,502,418,000 | 1.59% |
| Coca-Cola Consolidated Inc |
Opened
4,088
|
$4,435,480,000 | 1.57% |
| Walt Disney Co/the |
4.28%
42,375
|
$4,207,421,000 | 1.49% |
| Medtronic Plc |
24.52%
51,037
|
$4,017,122,000 | 1.42% |
| Wabash National Corp. |
18.95%
182,102
|
$3,977,108,000 | 1.41% |
| Microsoft Corporation |
0.20%
8,511
|
$3,803,835,000 | 1.35% |
| Casey's General Stores Inc |
35.46%
9,954
|
$3,798,048,000 | 1.34% |
| Amazon.com Inc. |
33.36%
19,532
|
$3,774,559,000 | 1.34% |
| Starbucks Corp. |
51.21%
47,097
|
$3,666,501,000 | 1.30% |
| Northrop Grumman Corp. |
1.23%
8,381
|
$3,653,697,000 | 1.29% |
| Criteo Sa |
2.52%
96,845
|
$3,652,993,000 | 1.29% |
| Lincoln Electric Holdings, Inc. |
235.27%
18,678
|
$3,523,418,000 | 1.25% |
| Humana Inc. |
29.18%
9,069
|
$3,388,632,000 | 1.20% |
| Axis Capital Holdings Ltd |
5.95%
46,619
|
$3,293,632,000 | 1.17% |
| Encompass Health Corp |
5.62%
36,652
|
$3,144,375,000 | 1.11% |
| Alamos Gold Inc. |
No change
195,357
|
$3,063,198,000 | 1.08% |
| Suncor Energy, Inc. |
0.94%
78,328
|
$2,984,297,000 | 1.06% |
| JFrog Ltd |
39.20%
78,545
|
$2,949,365,000 | 1.04% |
| Fidelity National Information |
11.67%
38,300
|
$2,886,288,000 | 1.02% |
| Range Resources Corp |
8.13%
81,824
|
$2,743,559,000 | 0.97% |
| Copa Holdings Sa |
84.79%
28,376
|
$2,700,828,000 | 0.96% |
| Mama's Creations Inc |
87.88%
387,152
|
$2,609,404,000 | 0.92% |
| BWX Technologies Inc |
16.38%
27,331
|
$2,596,445,000 | 0.92% |
| Abbott Laboratories |
9.08%
24,831
|
$2,580,189,000 | 0.91% |
| Nutanix Inc |
Closed
41,563
|
$2,565,268,000 | |
| Seaboard Corp. |
173.56%
807
|
$2,550,717,000 | 0.90% |
| Atlanta Braves Holdings Inc |
3.55%
64,378
|
$2,539,068,000 | 0.90% |
| Performance Food Group Company |
12.82%
38,378
|
$2,537,170,000 | 0.90% |
| Autodesk Inc. |
155.89%
9,885
|
$2,446,043,000 | 0.87% |
| Abbvie Inc |
7.80%
14,097
|
$2,417,917,000 | 0.86% |
| Wendy's Co/the |
No change
141,642
|
$2,402,248,000 | 0.85% |
| Apple Inc |
0.01%
11,239
|
$2,367,068,000 | 0.84% |
| Altria Group Inc. |
Opened
50,093
|
$2,281,736,000 | 0.81% |
| Tidewater Inc. |
0.55%
22,249
|
$2,118,327,000 | 0.75% |
| AT&T Inc. |
Opened
110,595
|
$2,113,468,000 | 0.75% |
| Meta Platforms Inc |
1.27%
4,144
|
$2,089,488,000 | 0.74% |
| Zebra Technologies Corp. |
0.39%
6,667
|
$2,059,636,000 | 0.73% |
| 1st Source Corp. |
No change
37,774
|
$2,025,442,000 | 0.72% |
| Flowers Foods, Inc. |
4.37%
88,432
|
$1,963,190,000 | 0.69% |
| Core & Main, Inc. |
No change
39,634
|
$1,939,688,000 | 0.69% |
| Huntington Ingalls Industries Inc |
35.72%
7,709
|
$1,898,958,000 | 0.67% |
| U-hual Holding Co-non Voting P |
Closed
28,467
|
$1,898,180,000 | |
| Teradyne, Inc. |
25.56%
12,669
|
$1,878,686,000 | 0.66% |
| Valvoline Inc |
No change
42,704
|
$1,844,813,000 | 0.65% |
| Assured Guaranty Ltd |
14.92%
23,398
|
$1,805,156,000 | 0.64% |
| Papa Johns International Inc. |
Closed
26,861
|
$1,788,943,000 | |
| Baker Hughes Co |
1.59%
49,137
|
$1,728,148,000 | 0.61% |
| Charles Schwab Corp/the |
37.73%
23,344
|
$1,720,219,000 | 0.61% |
| Lantheus Holdings Inc |
No change
21,392
|
$1,717,564,000 | 0.61% |
| BOK Financial Corp. |
No change
18,542
|
$1,699,189,000 | 0.60% |
| Vail Resorts Inc. |
27.07%
9,155
|
$1,649,090,000 | 0.58% |
| Fedex Corp |
No change
5,453
|
$1,635,028,000 | 0.58% |
| Jb Hunt Transport Services Inc |
152.94%
9,819
|
$1,571,040,000 | 0.56% |
| Salesforce Inc |
16.21%
6,065
|
$1,559,311,000 | 0.55% |
| Zoetis Inc |
Opened
8,916
|
$1,545,678,000 | 0.55% |
| Enstar Group Ltd |
110.00%
4,998
|
$1,527,889,000 | 0.54% |
| Tetra Tech, Inc. |
10.64%
7,278
|
$1,488,205,000 | 0.53% |
| Pepsico Inc |
7.69%
8,934
|
$1,473,485,000 | 0.52% |
| Energy Transfer Lp |
No change
90,407
|
$1,466,402,000 | 0.52% |
| Houlihan Lokey Inc |
No change
10,778
|
$1,453,521,000 | 0.51% |
| SI-BONE Inc |
46.69%
112,088
|
$1,449,298,000 | 0.51% |
| ServiceNow Inc |
No change
1,809
|
$1,423,086,000 | 0.50% |
| Citigroup Inc |
1.07%
22,299
|
$1,415,095,000 | 0.50% |
| Kraft Heinz Co/the |
11.42%
43,770
|
$1,410,269,000 | 0.50% |
| Wix.com Ltd |
29.46%
8,823
|
$1,403,475,000 | 0.50% |
| Accenture plc |
23.88%
4,560
|
$1,383,550,000 | 0.49% |
| MetLife, Inc. |
11.37%
19,539
|
$1,371,442,000 | 0.49% |
| Microchip Technology, Inc. |
No change
14,896
|
$1,362,984,000 | 0.48% |
| Enterprise Products Partners L |
17.63%
46,541
|
$1,348,758,000 | 0.48% |
| 3M Co. |
23.92%
13,195
|
$1,348,397,000 | 0.48% |
| Ishares Russell 2000 Value Etf |
Closed
8,279
|
$1,314,788,000 | |
| Tjx Cos Inc/the |
No change
11,474
|
$1,263,287,000 | 0.45% |
| Adobe Inc |
No change
2,267
|
$1,259,409,000 | 0.45% |
| Nike, Inc. |
372.51%
16,708
|
$1,259,282,000 | 0.45% |
| Procept Biorobotics Corp |
No change
20,487
|
$1,251,551,000 | 0.44% |
| Boston Scientific Corp. |
No change
16,184
|
$1,246,330,000 | 0.44% |
| Astrazeneca plc |
No change
15,533
|
$1,211,419,000 | 0.43% |
| Bank Of America Corp. |
No change
30,392
|
$1,208,690,000 | 0.43% |
| RPM International, Inc. |
Closed
10,148
|
$1,207,105,000 | |
| T-Mobile US Inc |
15.09%
6,765
|
$1,191,858,000 | 0.42% |
| Envista Holdings Corp |
12.69%
69,812
|
$1,160,974,000 | 0.41% |
| Goldman Sachs Group Inc/the |
10.66%
2,564
|
$1,159,748,000 | 0.41% |
| Centerpoint Energy Inc. |
10.61%
37,165
|
$1,151,372,000 | 0.41% |
| Home Depot Inc/the |
17.36%
3,333
|
$1,147,352,000 | 0.41% |
| Visa Inc |
No change
4,360
|
$1,144,369,000 | 0.41% |
| CSX Corp. |
3.19%
33,552
|
$1,122,314,000 | 0.40% |
| Shockwave Medical Inc. |
Closed
3,427
|
$1,115,934,000 | |
| National Healthcare Corporatio |
Closed
11,617
|
$1,097,923,000 | |
| NVR Inc. |
Closed
133
|
$1,077,295,000 | |
| Antero Resources Corp |
38.36%
31,328
|
$1,022,233,000 | 0.36% |
| Malibu Boats Inc |
Closed
23,070
|
$998,470,000 | |
| Ollie's Bargain Outlet Holding |
21.26%
9,984
|
$980,129,000 | 0.35% |
| John B Sanfilippo & Son Inc |
20.10%
9,989
|
$970,631,000 | 0.34% |
| Trustmark Corp. |
15.70%
29,537
|
$887,291,000 | 0.31% |
| Booking Holdings Inc |
2.37%
216
|
$855,684,000 | 0.30% |
| MPLX LP |
145.87%
19,768
|
$841,919,000 | 0.30% |
| Deere & Co. |
1.85%
2,206
|
$824,228,000 | 0.29% |
| PayPal Holdings Inc |
15.34%
13,605
|
$789,498,000 | 0.28% |
| Wells Fargo & Co. |
41.08%
11,599
|
$688,865,000 | 0.24% |
| Maravai Lifesciences Holdings, Inc. |
29.00%
95,866
|
$686,401,000 | 0.24% |
| Uber Technologies Inc |
15.38%
8,702
|
$632,461,000 | 0.22% |
| AMN Healthcare Services Inc. |
Opened
12,190
|
$624,494,000 | 0.22% |
| Elevance Health Inc |
No change
1,029
|
$557,574,000 | 0.20% |
| Smartsheet Inc |
No change
12,291
|
$541,787,000 | 0.19% |
| Mr. Cooper Group Inc |
No change
6,146
|
$499,240,000 | 0.18% |
| Biohaven Ltd |
10.22%
13,958
|
$484,482,000 | 0.17% |
| Infineon Technologies Ag |
Opened
12,779
|
$470,778,000 | 0.17% |
| Polaris Inc |
Closed
4,635
|
$464,056,000 | |
| LyondellBasell Industries NV |
33.09%
4,839
|
$462,899,000 | 0.16% |
| Agilent Technologies Inc. |
147.22%
3,508
|
$454,742,000 | 0.16% |
| Rocket Pharmaceuticals Inc |
No change
20,773
|
$447,243,000 | 0.16% |
| Norfolk Southern Corp. |
14.08%
2,058
|
$441,832,000 | 0.16% |
| Linde Plc Shs |
40.87%
1,004
|
$440,565,000 | 0.16% |
| Genuine Parts Co. |
26.94%
3,124
|
$432,112,000 | 0.15% |
| NorthWestern Energy Group Inc |
No change
8,237
|
$412,509,000 | 0.15% |
| Comcast Corp |
No change
10,255
|
$401,586,000 | 0.14% |
| Realty Income Corp. |
Closed
7,037
|
$380,702,000 | |
| Onto Innovation Inc. |
No change
1,683
|
$369,519,000 | 0.13% |
| Workday Inc |
No change
1,627
|
$363,732,000 | 0.13% |
| Avery Dennison Corp. |
52.23%
1,651
|
$360,991,000 | 0.13% |
| Bbb Foods Inc |
Opened
15,000
|
$357,900,000 | 0.13% |
| Roivant Sciences Ltd |
No change
32,386
|
$342,320,000 | 0.12% |
| JPMorgan Chase & Co. |
37.38%
1,675
|
$338,785,000 | 0.12% |
| Tyson Foods, Inc. |
Opened
5,919
|
$338,212,000 | 0.12% |
| AMGEN Inc. |
Closed
1,163
|
$330,664,000 | |
| Johnson Controls International |
No change
4,824
|
$320,651,000 | 0.11% |
| Omnicom Group, Inc. |
No change
3,447
|
$309,196,000 | 0.11% |
| Texas Instruments Inc. |
56.77%
1,523
|
$296,269,000 | 0.10% |
| Mondelez International Inc. |
No change
4,311
|
$282,112,000 | 0.10% |
| EPAM Systems Inc |
Opened
1,469
|
$276,334,000 | 0.10% |
| American Intl Group Inc |
No change
3,594
|
$266,819,000 | 0.09% |
| Coca-cola Co/the |
8.42%
4,183
|
$266,248,000 | 0.09% |
| Simon Property Group, Inc. |
59.05%
1,734
|
$263,221,000 | 0.09% |
| Cimpress Plc Euro |
No change
2,987
|
$261,691,000 | 0.09% |
| Cullen/frost Bankers Inc |
35.77%
2,514
|
$255,498,000 | 0.09% |
| Indivior Plc |
Opened
15,000
|
$235,122,000 | 0.08% |
| Wesco International, Inc. |
No change
1,480
|
$234,610,000 | 0.08% |
| Mercury General Corp. |
No change
4,397
|
$233,657,000 | 0.08% |
| KKR & Co. Inc |
No change
2,009
|
$211,427,000 | 0.07% |
| Elanco Animal Health Inc |
Opened
13,683
|
$197,446,000 | 0.07% |
| NVIDIA Corp |
1,087.27%
653
|
$80,672,000 | 0.03% |
| Invesco Qqq Trust Series 1 |
Closed
151
|
$67,046,000 | |
| Foraco International Sa |
Opened
17,829
|
$30,666,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 154 holdings | |||
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