ZEGA Investments, LLC

CIK

2045703

Location

Palm Beach Gardens, FL

Portfolio Value

Small $725,923,305

Diversification

Diversified

Filing Date

Global Rank

#1,851 / 8,232 ▲ 183

Top Industry

Consumer Electronics 25.2%

3Y Alpha vs SPY

-4.6%

Period ended 2 months ago

Filed May 11, 2026 · 34d

6 quarters · since Dec 2024

Clone Performance

Feb 2025–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+17.0%

SPY

+23.4%

Annualised alpha

-4.6%

Max drawdown

−21.2%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

104 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

29.3%

−3.7 pts

Top 5

62.7%

−5.6 pts

Top 10

74.7%

−5.3 pts

HHI

1,285

Diversified−352

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	32.6%	$236,846,000	5
Technology	29.3%	$212,805,323	24
Consumer Cyclical	7.9%	$57,121,716	8
Consumer Defensive	7.7%	$56,163,063	7
Financial Services	5.2%	$37,951,120	14
Healthcare	5.0%	$36,610,309	8
Energy	4.8%	$34,604,601	9
Industrials	4.0%	$29,197,839	19
Communication Services	2.8%	$20,669,883	4
Basic Materials	0.4%	$3,056,583	5
Utilities	0.1%	$896,868	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	+62,561	289,630	$50,511,472
ET	Energy Transfer LP	+55,314	111,479	$2,151,544
ABT	Abbott Laboratories	+31,914	39,926	$4,099,202
TSLA	Tesla, Inc.	+16,061	47,956	$17,827,643
WMT	Walmart Inc.	+15,162	53,466	$6,644,754
COST	Costco Wholesale Corp /New	+14,708	41,758	$41,608,923
MMM	3M Co	+11,483	18,774	$2,726,548
GLD	Spdr Gold Trust	+11,212	13,823	$5,947,898
CVX	Chevron Corp	+10,813	16,230	$3,357,987
NSC	Norfolk Southern Corp	+8,902	17,836	$5,118,932
INTC	Intel Corp	+8,112	16,839	$743,105
PG	PROCTER & GAMBLE Co	+8,006	13,374	$1,931,740
PEP	Pepsico Inc	+8,003	16,165	$2,510,262
META	Meta Platforms, Inc.	+7,404	20,613	$11,793,315
WFC	Wells Fargo & Company/Mn	+7,394	15,163	$1,207,126
HOOD	Robinhood Markets, Inc.	+7,280	18,697	$1,295,702
ORCL	Oracle Corp	+7,070	12,137	$1,785,474
GOOGL	Alphabet Inc.	+6,903	23,691	$6,812,583
HD	Home Depot, Inc.	+6,228	13,346	$4,389,365
QQQ	Invesco Qqq Trust, Series 1	+5,235	28,404	$16,394,220
GBTC	Grayscale Bitcoin Trust ETF	+5,000	10,000	$527,600
KR	Kroger Co	+4,445	13,387	$968,683
NFLX	Netflix Inc	+4,221	13,701	$1,317,351
AVGO	Broadcom Inc.	+4,122	13,996	$4,331,901
UBER	Uber Technologies, Inc	+3,669	7,473	$537,532
No positions match the current search.

Trimmed

Positions the filer reduced

20 positions

Ticker	Company	Δ Shares	Shares	Value
AAPL	Apple Inc.	−58,124	486,031	$123,349,807
AMZN	Amazon Com Inc	−17,366	131,072	$27,298,365
PLTR	Palantir Technologies Inc.	−13,981	15,229	$2,227,698
SPY	Spdr S&P 500 ETF Trust	−13,381	326,582	$212,389,337
USB	US Bancorp De	−10,606	50,961	$2,650,481
MSFT	Microsoft Corp	−5,866	45,613	$16,884,564
EMR	Emerson Electric Co	−5,725	6,004	$786,644
JPM	Jpmorgan Chase & Co	−4,755	24,350	$7,162,796
XOM	Exxon Mobil Corp	−4,372	130,790	$22,189,831
GLDM	World Gold Trust	−2,810	17,121	$1,586,945
MSTR	Strategy Inc	−2,656	2,020	$252,096
KGC	Kinross Gold Corp	−900	7,100	$216,692
GEV	GE Vernova Inc.	−631	1,147	$1,001,216
GS	Goldman Sachs Group Inc	−418	968	$818,918
KLAC	Kla Corp	−303	647	$952,649
PNC	Pnc Financial Services Group, Inc.	−291	4,073	$847,550
PH	Parker-Hannifin Corp	−280	1,561	$1,397,469
SBUX	Starbucks Corp	−240	10,604	$950,012
DE	Deere & Co	−59	1,552	$874,241
COIN	Coinbase Global, Inc.	−25	2,840	$495,892
No positions match the current search.

New Positions

Positions the filer opened this quarter

18 positions

Ticker	Company	Shares	Value
RTX	RTX Corp	15,913	$3,069,617
APD	Air Products & Chemicals, Inc.	5,461	$1,586,365
OKE	Oneok Inc /New/	14,301	$1,292,667
MCHP	Microchip Technology Inc	18,269	$1,180,360
NOC	Northrop Grumman Corp /De/	1,722	$1,174,817
PKG	Packaging Corp Of America	3,551	$753,593
RDDT	Reddit, Inc.	5,545	$746,634
TMO	Thermo Fisher Scientific Inc.	1,477	$725,989
PPG	Ppg Industries Inc	6,553	$700,384
UNP	Union Pacific Corp	2,882	$699,230
TPL	Texas Pacific Land Corp	1,264	$599,843
AMAT	Applied Materials Inc /De	1,222	$417,667
NUE	Nucor Corp	2,150	$363,565
MU	Micron Technology Inc	835	$282,096
SCHW	Schwab Charles Corp	2,661	$250,080
ARM	Arm Holdings PLC /Uk	1,520	$229,945
TSM	Taiwan Semiconductor Manufacturing Co Ltd	670	$226,426
SAP	Sap SE	1,300	$222,573
No positions match the current search.

Sold Out

Positions the filer fully exited

10 positions

Ticker	Company	Shares	Value
EXPE	Expedia Group, Inc.	4,605	$1,304,642
LRCX	Lam Research Corp	7,509	$1,285,390
PANW	Palo Alto Networks Inc	6,261	$1,153,276
SPGI	S&P Global Inc.	1,957	$1,022,708
SOFI	SoFi Technologies, Inc.	32,226	$843,676
AXON	Axon Enterprise, Inc.	1,433	$813,843
NET	Cloudflare, Inc.	1,794	$353,687
NOW	ServiceNow, Inc.	2,251	$344,830
IBIT	iShares Bitcoin Trust ETF	5,620	$279,033
IBM	International Business Machines Corp	708	$209,716
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

104 positions · $725,923,305 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 104 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Reduced	326,582	-13,381	$212,389,337	−8.4%	29.26%
AAPL	Apple Inc. Technology	Reduced	486,031	-58,124	$123,349,807	−16.6%	16.99%
NVDA	Nvidia Corp Technology	Added	289,630	+62,561	$50,511,472	+19.3%	6.96%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	41,758	+14,708	$41,608,923	+78.4%	5.73%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	131,072	-17,366	$27,298,365	−20.3%	3.76%
XOM	Exxon Mobil Corp Energy	Reduced	130,790	-4,372	$22,189,831	+36.4%	3.06%
TSLA	Tesla, Inc. Consumer Cyclical	Added	47,956	+16,061	$17,827,643	+24.3%	2.46%
MSFT	Microsoft Corp Technology	Reduced	45,613	-5,866	$16,884,564	−32.2%	2.33%
QQQ	Invesco Qqq Trust, Series 1	Added	28,404	+5,235	$16,394,220	+15.2%	2.26%
AFL	Aflac Inc Financial Services	Added	127,466	+91	$13,984,294	−0.4%	1.93%
META	Meta Platforms, Inc. Communication Services	Added	20,613	+7,404	$11,793,315	+35.3%	1.62%
ABBV	AbbVie Inc. Healthcare	Added	51,819	+44	$11,270,114	−4.7%	1.55%
LLY	ELI LILLY & Co Healthcare	Added	10,503	+2,847	$9,660,344	+17.4%	1.33%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	24,350	-4,755	$7,162,796	−23.6%	0.99%
GOOGL	Alphabet Inc. Communication Services	Added	23,691	+6,903	$6,812,583	+29.6%	0.94%
WMT	Walmart Inc. Consumer Defensive	Added	53,466	+15,162	$6,644,754	+55.7%	0.92%
GLD	Spdr Gold Trust	Added	13,823	+11,212	$5,947,898	+474.8%	0.82%
NSC	Norfolk Southern Corp Industrials	Added	17,836	+8,902	$5,118,932	+98.5%	0.71%
HD	Home Depot, Inc. Consumer Cyclical	Added	13,346	+6,228	$4,389,365	+79.2%	0.60%
AVGO	Broadcom Inc. Technology	Added	13,996	+4,122	$4,331,901	+26.8%	0.60%
ABT	Abbott Laboratories Healthcare	Added	39,926	+31,914	$4,099,202	+308.4%	0.56%
MCK	Mckesson Corp Healthcare	Added	4,572	+1,600	$3,956,425	+62.3%	0.55%
CAT	Caterpillar Inc Industrials	Added	5,552	+1,893	$3,933,369	+87.6%	0.54%
V	Visa Inc. Financial Services	Added	12,020	+1,203	$3,632,924	−4.2%	0.50%
CVX	Chevron Corp Energy	Added	16,230	+10,813	$3,357,987	+306.7%	0.46%
UNH	Unitedhealth Group Inc Healthcare	Added	11,502	+226	$3,112,326	−16.4%	0.43%
RTX	RTX Corp Industrials	NEW	15,913	NEW	$3,069,617	NEW	0.42%
MAR	Marriott International Inc /Md/ Consumer Cyclical	Added	9,302	+3,606	$3,042,405	+72.2%	0.42%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	5,862	+1,989	$2,809,070	+44.3%	0.39%
MMM	3M Co Industrials	Added	18,774	+11,483	$2,726,548	+133.6%	0.38%
USB	US Bancorp De Financial Services	Reduced	50,961	-10,606	$2,650,481	−19.3%	0.37%
PEP	Pepsico Inc Consumer Defensive	Added	16,165	+8,003	$2,510,262	+114.3%	0.35%
PLTR	Palantir Technologies Inc. Technology	Reduced	15,229	-13,981	$2,227,698	−57.1%	0.31%
ET	Energy Transfer LP Energy	Added	111,479	+55,314	$2,151,544	+132.3%	0.30%
SYK	Stryker Corp Healthcare	Added	6,417	+3,202	$2,108,562	+86.6%	0.29%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	13,374	+8,006	$1,931,740	+151.1%	0.27%
AMD	Advanced Micro Devices Inc Technology	Added	9,144	+2,575	$1,860,163	+32.2%	0.26%
ORCL	Oracle Corp Technology	Added	12,137	+7,070	$1,785,474	+80.8%	0.25%
JNJ	Johnson & Johnson Healthcare	Added	6,862	+528	$1,677,347	+28.0%	0.23%
CRWD	CrowdStrike Holdings, Inc. Technology	Added	4,145	+1,016	$1,618,249	+10.3%	0.22%
GLDM	World Gold Trust	Reduced	17,121	-2,810	$1,586,945	−6.7%	0.22%
APD	Air Products & Chemicals, Inc. Basic Materials	NEW	5,461	NEW	$1,586,365	NEW	0.22%
EPD	Enterprise Products Partners L.P. Energy	Added	41,433	+241	$1,567,824	+18.7%	0.22%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	9,344	+2,580	$1,492,236	+43.6%	0.21%
KMI	Kinder Morgan, Inc. Energy	Added	44,494	+27	$1,491,883	+22.0%	0.21%
FANG	Diamondback Energy, Inc. Energy	Added	7,464	+3,436	$1,476,304	+143.8%	0.20%
PH	Parker-Hannifin Corp Industrials	Reduced	1,561	-280	$1,397,469	−13.6%	0.19%
PWR	Quanta Services, Inc. Industrials	Added	2,501	+16	$1,373,099	+30.9%	0.19%
MCD	Mcdonalds Corp Consumer Cyclical	Added	4,402	+1,407	$1,368,097	+49.5%	0.19%
AXP	American Express Co Financial Services	Added	4,457	+1,167	$1,348,153	+10.8%	0.19%