Vela Investment Management Q2 Portfolio Changes: Key Buys and Sells

For the period ending June 30th, 2026 (Q2), institutional investor Vela Investment Management made several noteworthy changes to its portfolio holdings. These adjustments reflect the firm's investment strategy and market outlook during this quarter.

Prominent Purchases in Q2 2026

Vela significantly increased its stake in certain companies, most notably JKHY (Henry Jack & Assoc Inc) with a nearly seven-and-a-half-fold increase in shares (+77.01%) and an allocation percentage jump to 2.21%. This substantial buying activity suggests strong confidence in the Technology sector leader.

In the Industrials space, Vela boosted its position in PAL (Proficient Auto Logistics Inc) by 23.81%, adding significantly to this holding which now accounts for 0.84% of the portfolio.

The firm also showed strong interest in AGI (Alamos Gold Inc), a Basic Materials company, increasing its stake by -39.53% change from prior period? Wait no, let's check the data.

Actually, looking at significant_buy_symbols: "JKHY", "ZBRA", "EHC", "ABT", "ALGT". The most significant purchase was in JKHY (Henry Jack & Assoc Inc) with a massive +77.01% increase in shares.

Notable Sales and Reductions

Vela also conducted several strategic sales during Q2 2026. The most significant reduction was observed in WIX (Wix.com Ltd), where the firm sold off almost all its shares (-95.54%), reducing this Technology holding to just 0.06% of the portfolio.

Another major sale was FOUR (Shift 4 Payments Inc), which saw an almost complete exit (-88.29%) and is now a negligible holding at just 0.08%.

Additionally, Vela reduced its position in MSM (MSC Industrial Direct Inc), which experienced a -100% change from prior period? Wait again.

The data shows significant sell symbols: "FOUR", "TER", "WIX". The most prominent sale was WIX (MSC Industrial Direct Inc) with a -95.54% change, effectively exiting the position.

Detailed Changes from Prior Period

The following table details the specific changes observed in Vela's portfolio during Q2 2026:

• Purchased significantly: JKHY, +77.01% shares, Technology sector.
• Bought moderately: PAL, +23.81% shares, Industrials sector.
• Sold substantially: WIX, -95.54% change (shares exited), Technology sector.
• Reduced significantly: FOUR, -88.29% shares, Technology sector.
• Bought moderately: AGI, +61.41% change (shares increased), Basic Materials sector.

Overall Portfolio Context

Vela's total portfolio value as of June 30th, 2026 stands at $410,926,292. The changes discussed above represent a subset of the firm's activities during this quarter.

The investor has shown activity across multiple sectors including Industrials, Consumer Cyclical, Healthcare, Communication Services, Technology, and Basic Materials. This indicates a diversified approach to investing despite focusing on specific opportunities like JKHY.

Conclusion

In summary, Q2 2026 saw Vela Investment Management make significant moves in its portfolio. The firm notably purchased shares of JKHY, while strategically exiting positions like WIX. These actions, alongside other changes detailed in the filing, provide insight into Vela's investment thesis and market views during this period.