VELA INCOME OPPORTUNITIES FUND

Fund Profile

Fund profile

Fund manager

VELA Funds

Total assets

$28.18 mm

Liabilities

$102.33 k

Net assets

$28.08 mm

Number of holdings

122.00

122 Holdings

As of Jun 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
GBX The Greenbrier Companies, Inc.	1.02 mm	20.68 k shares	3.65	Common equity	Long	USA
Federated Hermes Treasury Oligations Fund	727.08 k	727.08 k principal	2.59	Short-term investment vehicle	Long	USA
SYY Sysco Corporation	699.27 k	9.80 k shares	2.49	Common equity	Long	USA
MDT Medtronic plc	674.94 k	8.58 k shares	2.40	Common equity	Long	Ireland
SU Suncor Energy Inc.	648.58 k	17.02 k shares	2.31	Common equity	Long	Canada
CIVI Civitas Resources, Inc.	642.60 k	9.31 k shares	2.29	Common equity	Long	USA
FLO Flowers Foods, Inc.	593.52 k	26.74 k shares	2.11	Common equity	Long	USA
JNJ Johnson & Johnson	566.66 k	3.88 k shares	2.02	Common equity	Long	USA
AXS AXIS Capital Holdings Limited	552.55 k	7.82 k shares	1.97	Common equity	Long	Bermuda
BHI BAKER HUGHES a GE Co LLC	509.30 k	14.48 k shares	1.81	Common equity	Long	USA
FIS Fidelity National Information Services, Inc.	504.99 k	6.70 k shares	1.80	Common equity	Long	USA
KHC The Kraft Heinz Company	493.90 k	15.33 k shares	1.76	Common equity	Long	USA
WEN The Wendy's Company	493.79 k	29.12 k shares	1.76	Common equity	Long	USA
SBUX Starbucks Corporation	457.52 k	5.88 k shares	1.63	Common equity	Long	USA
ABT Abbott Laboratories	438.50 k	4.22 k shares	1.56	Common equity	Long	USA
CPA Copa Holdings, S.A.	431.64 k	4.54 k shares	1.54	Common equity	Long	Panama
HII Huntington Ingalls Industries, Inc.	429.11 k	1.74 k shares	1.53	Common equity	Long	USA
GPC Genuine Parts Company	413.02 k	2.99 k shares	1.47	Common equity	Long	USA
NWE NorthWestern Corporation	412.51 k	8.24 k shares	1.47	Common equity	Long	USA
NSC Norfolk Southern Corporation	405.98 k	1.89 k shares	1.45	Common equity	Long	USA
FDX FedEx Corporation	400.59 k	1.34 k shares	1.43	Common equity	Long	USA
CMCSA Comcast Corporation	382.01 k	9.76 k shares	1.36	Common equity	Long	USA
NOC Northrop Grumman Corporation	367.94 k	844.00 shares	1.31	Common equity	Long	USA
Arch Capital Group Ltd.	334.01 k	17.35 k shares	1.19	Preferred equity	Long	USA
JCI Johnson Controls International plc	320.65 k	4.82 k shares	1.14	Common equity	Long	Ireland
MTN Vail Resorts, Inc.	319.19 k	1.77 k shares	1.14	Common equity	Long	USA
OMC Omnicom Group Inc.	309.20 k	3.45 k shares	1.10	Common equity	Long	USA
JPM JPMorgan Chase & Co.	308.45 k	1.53 k shares	1.10	Common equity	Long	USA
GHC Graham Holdings Company	298.12 k	300.00 k principal	1.06	Debt	Long	USA
ZTS Zoetis Inc.	296.27 k	1.71 k shares	1.06	Common equity	Long	USA
PEP PepsiCo, Inc.	291.60 k	1.77 k shares	1.04	Common equity	Long	USA
MDLZ Mondelez International, Inc.	281.20 k	4.30 k shares	1.00	Common equity	Long	USA
GPC Genuine Parts Company	275.16 k	250.00 k principal	0.98	Debt	Long	USA
XPO CNW Inc.	273.85 k	265.00 k principal	0.98	Debt	Long	USA
CCL Carnival Corporation & plc	271.75 k	250.00 k principal	0.97	Debt	Long	USA
PZZA Papa John's International, Inc.	265.69 k	300.00 k principal	0.95	Debt	Long	USA
Oaktree Strategic Credit Fund	264.37 k	250.00 k principal	0.94	Debt	Long	USA
Acushnet Co.	259.25 k	250.00 k principal	0.92	Debt	Long	USA
DRI Darden Restaurants, Inc.	258.49 k	250.00 k principal	0.92	Debt	Long	USA
NMRK Newmark Group, Inc.	257.21 k	250.00 k principal	0.92	Debt	Long	USA
BALL Ball Corporation	256.60 k	250.00 k principal	0.91	Debt	Long	USA
CFR Cullen/Frost Bankers, Inc.	255.50 k	2.51 k shares	0.91	Common equity	Long	USA
SPG Simon Property Group, Inc.	255.48 k	1.68 k shares	0.91	Common equity	Long	USA
UBER Uber Technologies, Inc.	255.11 k	250.00 k principal	0.91	Debt	Long	USA
WESCO Distribution Inc	255.00 k	250.00 k principal	0.91	Debt	Long	USA
IRM Iron Mountain Incorporated	254.67 k	250.00 k principal	0.91	Debt	Long	USA
BCO The Brink's Company	252.86 k	250.00 k principal	0.90	Debt	Long	USA
HI Hillenbrand, Inc.	251.56 k	250.00 k principal	0.90	Debt	Long	USA
WMS Advanced Drainage Systems, Inc.	251.24 k	250.00 k principal	0.89	Debt	Long	USA
Sotera Health Holdings LLC	250.74 k	250.00 k principal	0.89	Debt	Long	USA
United States Treasury Note	249.16 k	250.00 k principal	0.89	Debt	Long	USA
Taylor Morrison Communities, Inc.	249.11 k	250.00 k principal	0.89	Debt	Long	USA
Ashland Inc.	246.42 k	240.00 k principal	0.88	Debt	Long	USA
Sensata Technologies BV	245.03 k	250.00 k principal	0.87	Debt	Long	USA
IBP Installed Building Products, Inc.	244.72 k	250.00 k principal	0.87	Debt	Long	USA
TXN Texas Instruments Incorporated	242.58 k	1.25 k shares	0.86	Common equity	Long	USA
Korn Ferry	238.63 k	250.00 k principal	0.85	Debt	Long	USA
MCY Mercury General Corporation	233.66 k	4.40 k shares	0.83	Common equity	Long	USA
EHC Encompass Health Corporation	229.88 k	250.00 k principal	0.82	Debt	Long	USA
SMG The Scotts Miracle-Gro Company	228.95 k	250.00 k principal	0.82	Debt	Long	USA
KO The Coca-Cola Company	228.76 k	3.59 k shares	0.81	Common equity	Long	USA
WNC Wabash National Corporation	225.27 k	250.00 k principal	0.80	Debt	Long	USA
Simmons Foods, Inc.	220.05 k	250.00 k principal	0.78	Debt	Long	USA
VVV Valvoline Inc.	215.70 k	250.00 k principal	0.77	Debt	Long	USA
GEN Gen Digital Inc.	202.72 k	200.00 k principal	0.72	Debt	Long	USA
Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op	201.21 k	200.00 k principal	0.72	Debt	Long	USA
Cimpress PLC	200.05 k	200.00 k principal	0.71	Debt	Long	Ireland
Nintendo Co. Ltd.	197.62 k	3.70 k shares	0.70	Common equity	Long	Japan
Performance Food Group Inc	195.79 k	200.00 k principal	0.70	Debt	Long	USA
WOR Worthington Industries, Inc.	182.45 k	210.00 k principal	0.65	Debt	Long	USA
Cullen/Frost Capital Trust II	176.83 k	200.00 k principal	0.63	Debt	Long	USA
ATKR Atkore Inc.	176.32 k	200.00 k principal	0.63	Debt	Long	USA
TRMK Trustmark Corporation	167.50 k	5.58 k shares	0.60	Common equity	Long	USA
Viking Cruises Ltd	162.64 k	150.00 k principal	0.58	Debt	Long	USA
AR Antero Resources Corporation	154.56 k	150.00 k principal	0.55	Debt	Long	USA
Bayer US Finance LLC	153.89 k	150.00 k principal	0.55	Debt	Long	USA
CNX CNX Resources Corporation	153.55 k	150.00 k principal	0.55	Debt	Long	USA
C Citigroup Inc.	153.26 k	2.42 k shares	0.55	Common equity	Long	USA
RDN Radian Group Inc.	151.49 k	150.00 k principal	0.54	Debt	Long	USA
CHDN Churchill Downs Incorporated	151.04 k	150.00 k principal	0.54	Debt	Long	USA
MPLX MPLX LP	150.90 k	3.54 k shares	0.54	Common equity	Long	USA
Wendy's International LLC	150.65 k	150.00 k principal	0.54	Debt	Long	USA
C Citigroup Inc.	150.01 k	150.00 k principal	0.53	Debt	Long	USA
SF Stifel Financial Corp.	149.94 k	6.30 k shares	0.53	Preferred equity	Long	USA
GRMN Garmin Ltd.	144.84 k	889.00 shares	0.52	Common equity	Long	USA
HSY The Hershey Company	143.76 k	782.00 shares	0.51	Common equity	Long	USA
ALGT Allegiant Travel Company	142.91 k	150.00 k principal	0.51	Debt	Long	USA
Nexstar Media Inc	142.62 k	150.00 k principal	0.51	Debt	Long	USA
HBAN Huntington Bancshares Incorporated	142.02 k	5.70 k shares	0.51	Preferred equity	Long	USA
Enstar Group Ltd., Series D, 7.00%	140.28 k	5.60 k shares	0.50	Preferred equity	Long	Bermuda
BWXT BWX Technologies, Inc.	140.14 k	150.00 k principal	0.50	Debt	Long	USA
Morgan Stanley, Series I, 6.375%	137.57 k	5.49 k shares	0.49	Preferred equity	Long	USA
Bank OZK	135.72 k	8.70 k shares	0.48	Preferred equity	Long	USA
AMN Healthcare, Inc.	135.02 k	150.00 k principal	0.48	Debt	Long	USA
Bank OZK	118.97 k	150.00 k principal	0.42	Debt	Long	USA
HD The Home Depot, Inc.	85.37 k	248.00 shares	0.30	Common equity	Long	USA
Comcast Corp. Call @ 47.5 July 2024	-17.00	-17.00 shares	-0.00	Equity derivative	Short	USA
Omnicom Group, Inc. Call @ 100 July 2024	-99.00	-11.00 shares	-0.00	Equity derivative	Short	USA
Northrop Grumman Corp. Call @ 500, Expiring August 2024	-345.00	-6.00 shares	-0.00	Equity derivative	Short	USA
Mondelez International, Inc. Call @ 75 September 2024	-367.50	-21.00 shares	-0.00	Equity derivative	Short	USA
Wendy's Co./The Call @ 23 November 2024	-438.00	-73.00 shares	-0.00	Equity derivative	Short	USA
PepsiCo, Inc. Call @ 180 September 2024	-715.50	-9.00 shares	-0.00	Equity derivative	Short	USA
Baker Hughes Co. Call @ 37 July 2024	-1.14 k	-57.00 shares	-0.00	Equity derivative	Short	USA
Genuine Parts Co. Call @ 160 August 2024	-1.25 k	-10.00 shares	-0.00	Equity derivative	Short	USA
Abbott Laboratories Call @ 120 January 2025	-1.62 k	-10.00 shares	-0.01	Equity derivative	Short	USA
Flowers Foods, Inc. Call @ 25 October 2024	-1.76 k	-88.00 shares	-0.01	Equity derivative	Short	USA
Starbucks Corp. Call @ 97.5 January 2025	-1.95 k	-15.00 shares	-0.01	Equity derivative	Short	USA
NorthWestern Corp. Call @ 55 September 2024	-2.31 k	-66.00 shares	-0.01	Equity derivative	Short	USA
Zoetis, Inc. Call @ 210 January 2025	-3.04 k	-8.00 shares	-0.01	Equity derivative	Short	USA
Abbott Laboratories Call @ 115 January 2025	-3.05 k	-11.00 shares	-0.01	Equity derivative	Short	USA
Mercury General Corp. Call @ 60 September 2024	-3.08 k	-35.00 shares	-0.01	Equity derivative	Short	USA
Starbucks Corp. Call @ 92.5 January 2025	-3.22 k	-15.00 shares	-0.01	Equity derivative	Short	USA
Fidelity National Information Services, Inc. Call @ 90 January 2025	-3.74 k	-22.00 shares	-0.01	Equity derivative	Short	USA
Texas Instruments, Inc. Call @ 230 January 2025	-4.15 k	-10.00 shares	-0.01	Equity derivative	Short	USA
Axis Capital Holdings Ltd. Call @ 80 December 2024	-4.47 k	-19.00 shares	-0.02	Equity derivative	Short	USA
Suncor Energy, Inc. Call @ 40 September 2024	-4.54 k	-42.00 shares	-0.02	Equity derivative	Short	USA
Coca-Cola Co./The Call @ 62.5, Expiring August 2024	-5.18 k	-24.00 shares	-0.02	Equity derivative	Short	USA
FedEx Corp. Call @ 300 October 2024	-5.41 k	-3.00 shares	-0.02	Equity derivative	Short	USA
FedEx Corp. Call @ 320 October 2024	-5.61 k	-6.00 shares	-0.02	Equity derivative	Short	USA
Johnson Controls International PLC Call @ 65, Exiring July 2024	-6.19 k	-33.00 shares	-0.02	Equity derivative	Short	USA
Axis Capital Holdings Ltd. Call @ 70 September 2024	-8.20 k	-20.00 shares	-0.03	Equity derivative	Short	USA
Greenbrier Companies, Inc./The Call @ 65 December 2024	-9.62 k	-52.00 shares	-0.03	Equity derivative	Short	USA