VELA Funds
VELA Small Cap Fund
$70.43M
Avg Monthly Net Assets
$97.87M
Total Assets
$1.86M
Total Liabilities
$96.01M
Net Assets
VELA Small Cap Fund is a Mutual Fund in VELA Funds
,
based in Ohio,
United States of America.
The fund has two share classes
and monthly net assets of $70.43M.
On August 28th, 2024 it reported 87 holdings, the largest
being Kirby Corp (5.7%), HUB Group Inc (4.1%) and Applied Industrial Technologies Inc. (3.6%).
Data provided by Fincoded.
Share Classes
| Name | Class/Contract ID | Ticker | Monthly Returns (2 years) |
|---|---|---|---|
| Class A | C000221924 | VESAX | |
| Class I | C000221923 | VESMX |
Holdings
From latest NPORT-P, filed August 28th, 2024 for period ending June 30th, 2024.
Historic holdings data available from Fincoded.
| Name | Profile | Category | Country | Value $USD | # Shares | % of Fund |
|---|---|---|---|---|---|---|
| 1st Source Corp. (1st Source Corporation) | Long | Equity-common | US | $2M | 36K | 2.01 |
| Alamos Gold, Inc. (Alamos Gold Inc.) | Long | Equity-common | CA | $2M | 112K | 1.83 |
| Alamos Gold, Inc. Call @ 20 January 2025 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-9K | -168 | -0.01 |
| AMN Healthcare Services, Inc. (AMN Healthcare Services Inc) | Long | Equity-common | US | $597K | 12K | 0.62 |
| AMN Healthcare Services, Inc. Call @ 75 January 2025 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-14K | -58 | -0.01 |
| Antero Resources Corp. (Antero Resources Corporation) | Long | Equity-common | US | $975K | 30K | 1.02 |
| Antero Resources Corp. Call @ 35 November 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-31K | -149 | -0.03 |
| Antero Resources Corp. Call @ 40 November 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-3K | -30 | -0.00 |
| Applied Industrial Technologies, Inc. (Applied Industrial Technologies Inc.) | Long | Equity-common | US | $3M | 18K | 3.59 |
| Applied Industrial Technologies, Inc. Call @ 200 November 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-98K | -90 | -0.10 |
| Ashland, Inc. (Ashland Inc.) | Long | Equity-common | US | $2M | 24K | 2.39 |
| Ashland, Inc. Call @ 90 July 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-26K | -48 | -0.03 |
| Assured Guaranty Ltd. | Long | Equity-common | BM | $2M | 22K | 1.80 |
| Assured Guaranty Ltd. Call @ 80 November 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-46K | -110 | -0.05 |
| Atlanta Braves Holdings, Inc. (Atlanta Braves Holdings Inc) | Long | Equity-common | US | $2M | 62K | 2.53 |
| Atlanta Braves Holdings, Inc. Call @ 50 August 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-2K | -124 | -0.00 |
| Axis Capital Holdings Ltd. (AXIS Capital Holdings Limited) | Long | Equity-common | BM | $3M | 37K | 2.73 |
| Axis Capital Holdings Ltd. Call @ 75 December 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-73K | -202 | -0.08 |
| Biohaven Ltd. | Long | Equity-common | VG | $306K | 9K | 0.32 |
| BOK Financial Corp. | Long | Equity-common | US | $2M | 18K | 1.69 |
| BOK Financial Corp. Call @ 100 September 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-9K | -52 | -0.01 |
| BWX Technologies, Inc. (BWX Technologies Inc) | Long | Equity-common | US | $2M | 26K | 2.58 |
| BWX Technologies, Inc. Call @ 95 December 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-119K | -150 | -0.12 |
| Casey's General Stores, Inc. (Caseys Gen Stores) | Long | Equity-common | US | $3M | 7K | 2.84 |
| Casey's General Stores, Inc. Call @ 320 October 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-240K | -35 | -0.25 |
| Civitas Resources, Inc. (Civitas Resources Inc) | Long | Equity-common | US | $3M | 44K | 3.13 |
| Coca-Cola Bottling Company Consolidated (Coca-Cola Consolidated Inc) | Long | Equity-common | US | $3M | 2K | 2.74 |
| Copa Holdings SA | Long | Equity-common | PA | $1M | 13K | 1.32 |
| Core & Main, Inc. (Core & Main Inc) | Long | Equity-common | US | $1M | 24K | 1.23 |
| Criteo S.A. | Long | Equity-common | FR | $2M | 63K | 2.48 |
| Criteo S.A. Call @ 45 October 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-25K | -126 | -0.03 |
| Encompass Health Corp. (Encompass Health Corporation) | Long | Equity-common | US | $2M | 27K | 2.46 |
| Encompass Health Corp. Call @ 90 December 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-111K | -254 | -0.12 |
| Enstar Group Ltd. | Long | Equity-common | BM | $1M | 5K | 1.52 |
| Envista Holdings Corp. (Envista Holdings Corporation) | Long | Equity-common | US | $1M | 67K | 1.15 |
| Federated Hermes Treasury Oligations Fund (Money Market Obligations Trust) | Long | Short-term investment vehicle | US | $3M | – | 3.12 |
| Flowers Foods, Inc. | Long | Equity-common | US | $1M | 59K | 1.36 |
| Foraco International SA | Long | Equity-common | FR | $865K | 502K | 0.90 |
| Graham Holdings Co | Long | Equity-common | US | $3M | 5K | 3.36 |
| Greenbrier Companies, Inc./The (The Greenbrier Companies, Inc.) | Long | Equity-common | US | $3M | 52K | 2.70 |
| Greenbrier Companies, Inc./The Call @ 60 September 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-22K | -308 | -0.02 |
| Houlihan Lokey, Inc. (Houlihan Lokey Inc.) | Long | Equity-common | US | $1M | 10K | 1.44 |
| Houlihan Lokey, Inc. Call @ 125 September 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-81K | -58 | -0.08 |
| Hub Group, Inc. (HUB Group Inc) | Long | Equity-common | US | $4M | 91K | 4.07 |
| Huntington Ingalls Industries, Inc. | Long | Equity-common | US | $1M | 6K | 1.46 |
| JFrog Ltd | Long | Equity-common | IL | $3M | 71K | 2.77 |
| John B. Sanfilippo & Son, Inc. (Sanfilippo(John B)) | Long | Equity-common | US | $927K | 10K | 0.97 |
| Kirby Corp. | Long | Equity-common | US | $5M | 46K | 5.69 |
| Kirby Corporation Call @ 110 December 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-180K | -110 | -0.19 |
| Kirby Corporation Call @ 120 December 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-55K | -50 | -0.06 |
| Lantheus Holdings, Inc. (Lantheus Holdings Inc) | Long | Equity-common | US | $963K | 12K | 1.00 |
| Lantheus Holdings, Inc. Call @ 110 January 2025 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-24K | -60 | -0.02 |
| Lantheus Holdings, Inc. Call @ 90 January 2025 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-30K | -36 | -0.03 |
| Lincoln Electric Holdings, Inc. (Lincoln Electric Holdings Inc.) | Long | Equity-common | US | $1M | 8K | 1.50 |
| Major Drilling Group International, Inc. (Major Drilling Group Intl Inc) | Long | Equity-common | CA | $2M | 251K | 1.74 |
| Mama's Creations, Inc. | Long | Equity-common | US | $2M | 370K | 2.60 |
| Mama's Creations, Inc. Call @ 10 January 2025 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-22K | -692 | -0.02 |
| Maravai LifeSciences Holdings, Inc. (Maravai LifeSciences Holdings Inc) | Long | Equity-common | US | $656K | 92K | 0.68 |
| Maravai LifeSciences Holdings, Inc. Call @ 17.5 January 2025 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-4K | -212 | -0.00 |
| Ollie's Bargain Outlet Holdings, Inc. (Ollies Bargain Outlet Holdings Inc.) | Long | Equity-common | US | $935K | 10K | 0.97 |
| Ollie's Bargain Outlet Holdings, Inc. Call @ 90 October 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-94K | -61 | -0.10 |
| Onto Innovation, Inc. (Onto Innovation Inc.) | Long | Equity-common | US | $353K | 2K | 0.37 |
| Onto Innovation, Inc. Call @ 230 December 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-32K | -13 | -0.03 |
| Performance Food Group Co. | Long | Equity-common | US | $2M | 37K | 2.54 |
| Performance Food Group Co. Call @ 75 December 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-26K | -160 | -0.03 |
| PROCEPT BioRobotics Corp (Procept Biorobotics Corp.) | Long | Equity-common | US | $1M | 20K | 1.24 |
| PROCEPT BioRobotics Corp. Call @ 55 January 2025 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-70K | -45 | -0.07 |
| PROCEPT BioRobotics Corp. Call @ 70 October 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-22K | -40 | -0.02 |
| Range Resources Corp. | Long | Equity-common | US | $3M | 78K | 2.73 |
| Range Resources Corp. Call @ 40 December 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-49K | -425 | -0.05 |
| Rocket Pharmaceuticals, Inc. (Rocket Pharmaceuticals Inc) | Long | Equity-common | US | $427K | 20K | 0.44 |
| Seaboard Corp. (Seaboard Corp Del) | Long | Equity-common | US | $2M | 768 | 2.53 |
| SI-BONE, Inc. (SI-BONE Inc.) | Long | Equity-common | US | $1M | 107K | 1.44 |
| Tetra Tech, Inc. (Tetra Tech Inc) | Long | Equity-common | US | $1M | 7K | 1.48 |
| Tetra Tech, Inc. Call @ 190 September 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-64K | -31 | -0.07 |
| Tidewater, Inc. (Tidewater Inc New) | Long | Equity-common | US | $2M | 21K | 2.12 |
| Tidewater, Inc. Call @ 105 January 2025 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-79K | -81 | -0.08 |
| Tidewater, Inc. Call @ 120 January 2025 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-24K | -45 | -0.03 |
| Trustmark Corp. | Long | Equity-common | US | $685K | 23K | 0.71 |
| Trustmark Corp. Call @ 30 August 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-12K | -57 | -0.01 |
| Vail Resorts, Inc. | Long | Equity-common | US | $1M | 7K | 1.32 |
| Valvoline Inc Call @ 45, Expiring October 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-50K | -270 | -0.05 |
| Valvoline, Inc. (Valvoline Inc) | Long | Equity-common | US | $2M | 41K | 1.83 |
| Wabash National Corp. (Wabash National Corporation) | Long | Equity-common | US | $1M | 67K | 1.52 |
| Wendy's Co./The (The Wendys Company) | Long | Equity-common | US | $2M | 107K | 1.90 |
| Wix.com Ltd. (Wix.com Limited) | Long | Equity-common | IL | $1M | 8K | 1.39 |
| Wix.com Ltd. Call @ 200 November 2024 (THE OPTIONS CLEARING CORPORATION) | Short | Derivative-equity | US | $-14K | -21 | -0.01 |
Address
VELA Funds
220 Market Street
Suite 208
New Albany
Ohio
43054
United States of America
Websites
Directors
Danielle F. Ross
Lawrence Funderburke
Jason R. Job
James W. Haring Jr.
Lisa M. Wesolek
Transfer Agents
Ultimus Fund Solutions LLC
Pricing Services
INTERCONTINENTAL EXCHANGE, INC.
Custodians
Fifth Third Bank N.A
Shareholder Servicing Agents
Ultimus Fund Solutions LLC
Admins
Ultimus Fund Solutions LLC
Brokers
COWEN AND COMPANY LLC
MORGAN STANLEY AND CO INC
BAADER HELVEA INC.