ZEGA Investments, LLC
CIK
2045703
Location
Palm Beach Gardens, FL
Portfolio Value
Small
$212,805,323
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 SPYHypothetical 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, 2025Top 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 |
|---|---|---|
| Unclassified | 32.6% | $236,846,000 |
| Technology | 29.3% | $212,805,323 |
| Consumer Cyclical | 7.9% | $57,121,716 |
| Consumer Defensive | 7.7% | $56,163,063 |
| Financial Services | 5.2% | $37,951,120 |
| Healthcare | 5.0% | $36,610,309 |
| Energy | 4.8% | $34,604,601 |
| Industrials | 4.0% | $29,197,839 |
| Communication Services | 2.8% | $20,669,883 |
| Basic Materials | 0.4% | $3,056,583 |
| Utilities | 0.1% | $896,868 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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. | ||||
24 positions ·
$212,805,323 total
· Technology only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AAPL |
Apple Inc.
Technology
|
Reduced | 486,031 | $123,349,807 | 57.96% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 289,630 | $50,511,472 | 23.74% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 45,613 | $16,884,564 | 7.93% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 13,996 | $4,331,901 | 2.04% | |
| PLTR |
Palantir Technologies Inc.
Technology
|
Reduced | 15,229 | $2,227,698 | 1.05% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Added | 9,144 | $1,860,163 | 0.87% | |
| ORCL |
Oracle Corp
Technology
|
Added | 12,137 | $1,785,474 | 0.84% | |
| CRWD |
CrowdStrike Holdings, Inc.
Technology
|
Added | 4,145 | $1,618,249 | 0.76% | |
| INTU |
Intuit Inc.
Technology
|
Added | 3,005 | $1,299,301 | 0.61% | |
| ANET |
Arista Networks, Inc.
Technology
|
Added | 9,758 | $1,198,087 | 0.56% | |
| MCHP |
Microchip Technology Inc
Technology
|
NEW | 18,269 | $1,180,360 | 0.55% | |
| CDNS |
Cadence Design Systems Inc
Technology
|
Added | 3,909 | $1,086,193 | 0.51% | |
| KLAC |
Kla Corp
Technology
|
Reduced | 647 | $952,649 | 0.45% | |
| ADBE |
Adobe Inc.
Technology
|
Added | 3,233 | $785,877 | 0.37% | |
| INTC |
Intel Corp
Technology
|
Added | 16,839 | $743,105 | 0.35% | |
| UBER |
Uber Technologies, Inc
Technology
|
Added | 7,473 | $537,532 | 0.25% | |
| CRM |
Salesforce, Inc.
Technology
|
Added | 2,855 | $532,942 | 0.25% | |
| AMAT |
Applied Materials Inc /De
Technology
|
NEW | 1,222 | $417,667 | 0.20% | |
| ITRI |
Itron, Inc.
Technology
|
Held | 3,226 | $289,146 | 0.14% | |
| MU |
Micron Technology Inc
Technology
|
NEW | 835 | $282,096 | 0.13% | |
| MSTR |
Strategy Inc
Technology
|
Reduced | 2,020 | $252,096 | 0.12% | |
| ARM |
Arm Holdings PLC /Uk
Technology
|
NEW | 1,520 | $229,945 | 0.11% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
NEW | 670 | $226,426 | 0.11% | |
| SAP |
Sap SE
Technology
|
NEW | 1,300 | $222,573 | 0.10% |