ZEGA Investments, LLC

13F filer · CIK 0002045703

Reported Jul 31, 2026

Net buyer this quarter

13F portfolio value$973MU.S. long equity reported on 13F

Positions12822 new · 7 closed

Net flow last quarter+$15MBuys minus sells

Top 10 positions weight29.3%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Jul 31, 2026128 positions
AAPLApple Inc.	$94M	9.66%	0.00%	-6.8%	Q4 2024
SPYSPDR S&P 500 ETF Trust	$48.4M	4.97%	Not reported	-9.2%	Q4 2024
NVDANvidia Corp	$36M	3.70%	0.00%	+5.9%	Q4 2024
COSTCostco Wholesale Corp	$24.7M	2.53%	0.01%	+15.3%	Q4 2024
AMZNAmazon Com Inc	$21.1M	2.17%	0.00%	+6.0%	Q4 2024
TSLATesla, Inc.	$15.8M	1.62%	0.00%	+12.3%	Q4 2024
MSFTMicrosoft Corp	$14.2M	1.46%	0.00%	+11.5%	Q4 2024
MUMicron Technology Inc	$12.4M	1.28%	0.00%	+3109.0%	Q4 2024
XOMExxonMobil Holdings Corp	$9.73M	1.00%	0.00%	+0.3%	Q4 2024
GOOGLAlphabet Inc.	$9.23M	0.95%	0.00%	+46.8%	Q4 2024
AFLAflac Inc	$7.98M	0.82%	0.01%	0.0%	Q4 2024
LLYELI LILLY & Co	$7.96M	0.82%	0.00%	-15.0%	Q4 2024
METAMeta Platforms, Inc.	$7.46M	0.77%	Not reported	-5.5%	Q4 2024
ABBVAbbVie Inc.	$6.42M	0.66%	0.00%	-4.9%	Q4 2024
NVDLNovadel Pharma Inc	$5.68M	0.58%	Not reported	Not reported	Q3 2025
UNHUnitedhealth Group Inc	$5.09M	0.52%	0.00%	+9.3%	Q4 2024
GOOGAlphabet Inc.	$3.84M	0.39%	Not reported	-28.2%	Q4 2024
VVisa Inc.	$3.71M	0.38%	0.00%	0.0%	Q4 2024
CATCaterpillar Inc	$3.67M	0.38%	0.00%	-5.6%	Q4 2024
ANETArista Networks, Inc.	$3.53M	0.36%	0.00%	+167.6%	Q4 2024
AVGOBroadcom Inc.	$3.51M	0.36%	0.00%	-4.1%	Q4 2024
WMTWalmart Inc.	$3.22M	0.33%	0.00%	-4.9%	Q4 2024
QQQInvesco QQQ Trust, Series 1	$3M	0.31%	Not reported	-0.6%	Q4 2024
NSCNorfolk Southern Corp	$2.81M	0.29%	0.00%	Not reported	Q3 2025
HDHome Depot, Inc.	$2.74M	0.28%	0.00%	+10.3%	Q4 2024
AMDAdvanced Micro Devices Inc	$2.72M	0.28%	0.00%	-27.4%	Q4 2024
ADPAutomatic Data Processing Inc	$2.59M	0.27%	0.00%	New	Q2 2026
JPMJPMorgan Chase & Co	$2.49M	0.26%	0.00%	-53.5%	Q4 2024
ABTAbbott Laboratories	$2.33M	0.24%	0.00%	-9.6%	Q4 2024
MCKMckesson Corp	$2.25M	0.23%	0.00%	+0.1%	Q4 2024
GLDSPDR Gold Trust	$2.21M	0.23%	0.00%	-6.5%	Q1 2025
BRK.BBerkshire Hathaway Inc	$2.03M	0.21%	Not reported	+4.8%	Q4 2024
MARMarriott International Inc	$1.92M	0.20%	0.00%	-9.1%	Q1 2025
JNJJohnson & Johnson	$1.91M	0.20%	0.00%	+18.2%	Q4 2024
MMM3m Co	$1.53M	0.16%	0.00%	Not reported	Q4 2025
RTXRTX Corp	$1.53M	0.16%	0.00%	+0.4%	Q1 2026
ORCLOracle Corp	$1.51M	0.16%	0.00%	+44.4%	Q4 2024
KOCoca Cola Co	$1.44M	0.15%	0.00%	+0.9%	Q4 2024
PHParker-Hannifin Corp	$1.38M	0.14%	0.00%	-9.6%	Q3 2025
VLOValero Energy Corp	$1.36M	0.14%	0.00%	New	Q2 2026
WECWec Energy Group, Inc.	$1.34M	0.14%	0.00%	New	Q2 2026
GLDMWorld Gold Trust	$1.3M	0.13%	0.00%	-4.3%	Q3 2025
PLTRPalantir Technologies Inc.	$1.29M	0.13%	0.00%	+33.0%	Q4 2024
USBUS Bancorp \de\	$1.29M	0.13%	0.00%	-18.7%	Q4 2024
PCARPaccar Inc	$1.26M	0.13%	0.00%	Not reported	Q4 2024
INTCIntel Corp	$1.22M	0.13%	0.00%	+0.1%	Q4 2025
CVXChevron Corp	$1.21M	0.12%	0.00%	-14.2%	Q4 2024
GEVGE Vernova Inc.	$1.15M	0.12%	0.00%	-14.8%	Q2 2025
PEPPepsico Inc	$1.11M	0.11%	0.00%	0.0%	Q2 2025
SYKStryker Corp	$1.08M	0.11%	0.00%	+7.0%	Q4 2024

Q1 2026Reported May 11, 2026113 positions
AAPLApple Inc.	$88.5M	9.95%	0.00%	+0.5%	Q4 2024
SPYSPDR S&P 500 ETF Trust	$46.4M	5.22%	Not reported	-1.8%	Q4 2024
NVDANvidia Corp	$29.6M	3.33%	0.00%	+21.5%	Q4 2024
COSTCostco Wholesale Corp	$22.8M	2.56%	0.01%	+41.5%	Q4 2024
AMZNAmazon Com Inc	$17.4M	1.96%	0.00%	-3.0%	Q4 2024
MSFTMicrosoft Corp	$12.7M	1.42%	0.00%	-8.0%	Q4 2024
TSLATesla, Inc.	$12.4M	1.39%	0.00%	+4.6%	Q4 2024
XOMExxonMobil Holdings Corp	$12M	1.35%	0.00%	-3.9%	Q4 2024
METAMeta Platforms, Inc.	$8.02M	0.90%	Not reported	+6.1%	Q4 2024
AFLAflac Inc	$7.47M	0.84%	0.01%	+0.1%	Q4 2024
LLYELI LILLY & Co	$7.18M	0.81%	0.00%	+1.9%	Q4 2024
ABBVAbbVie Inc.	$5.83M	0.66%	0.00%	+0.2%	Q4 2024
GOOGLAlphabet Inc.	$5.06M	0.57%	0.00%	+4.8%	Q4 2024
JPMJPMorgan Chase & Co	$4.81M	0.54%	0.00%	+0.3%	Q4 2024
NVDLNovadel Pharma Inc	$4.61M	0.52%	Not reported	Not reported	Q3 2025
GOOGAlphabet Inc.	$4.34M	0.49%	Not reported	-3.7%	Q4 2024
WMTWalmart Inc.	$3.71M	0.42%	0.00%	+34.5%	Q4 2024
VVisa Inc.	$3.27M	0.37%	0.00%	0.0%	Q4 2024
UNHUnitedhealth Group Inc	$3.03M	0.34%	0.00%	-0.7%	Q4 2024
AVGOBroadcom Inc.	$3M	0.34%	0.00%	-1.8%	Q4 2024
ABTAbbott Laboratories	$2.92M	0.33%	0.00%	+254.8%	Q4 2024
GLDSPDR Gold Trust	$2.76M	0.31%	0.00%	+146.0%	Q1 2025
CATCaterpillar Inc	$2.59M	0.29%	0.00%	-0.2%	Q4 2024
MCKMckesson Corp	$2.57M	0.29%	0.00%	Not reported	Q4 2024
NSCNorfolk Southern Corp	$2.56M	0.29%	0.00%	0.0%	Q3 2025
QQQInvesco QQQ Trust, Series 1	$2.37M	0.27%	Not reported	+199.8%	Q4 2024
HDHome Depot, Inc.	$2.32M	0.26%	0.00%	-1.0%	Q4 2024
MARMarriott International Inc	$1.87M	0.21%	0.00%	+0.1%	Q1 2025
BRK.BBerkshire Hathaway Inc	$1.85M	0.21%	Not reported	-0.3%	Q4 2024
CVXChevron Corp	$1.76M	0.20%	0.00%	+57.5%	Q4 2024
GLDMWorld Gold Trust	$1.59M	0.18%	0.01%	-14.1%	Q3 2025
JNJJohnson & Johnson	$1.56M	0.17%	0.00%	+0.4%	Q4 2024
RTXRTX Corp	$1.55M	0.17%	0.00%	New	Q1 2026
KMIKinder Morgan, Inc.	$1.49M	0.17%	0.00%	+0.1%	Q2 2025
PHParker-Hannifin Corp	$1.4M	0.16%	0.00%	-15.2%	Q3 2025
MMM3m Co	$1.38M	0.15%	0.00%	+29.9%	Q4 2025
USBUS Bancorp \de\	$1.37M	0.15%	0.00%	-16.5%	Q4 2024
KOCoca Cola Co	$1.33M	0.15%	0.00%	+0.6%	Q4 2024
AMDAdvanced Micro Devices Inc	$1.31M	0.15%	0.00%	-1.9%	Q4 2024
PEPPepsico Inc	$1.27M	0.14%	0.00%	0.0%	Q2 2025
PLTRPalantir Technologies Inc.	$1.22M	0.14%	0.00%	-46.6%	Q4 2024
PCARPaccar Inc	$1.21M	0.14%	0.00%	Not reported	Q4 2024
TJXTJX Companies Inc	$1.14M	0.13%	0.00%	+5.6%	Q4 2025
ETEnergy Transfer LP	$1.08M	0.12%	0.00%	0.0%	Q4 2025
SYKStryker Corp	$1.06M	0.12%	0.00%	+0.1%	Q4 2024
ORCLOracle Corp	$1.05M	0.12%	0.00%	+40.9%	Q4 2024
NOCNorthrop Grumman Corp	$1.04M	0.12%	0.00%	New	Q1 2026
GEVGE Vernova Inc.	$1M	0.11%	0.00%	-35.5%	Q2 2025
CRWDCrowdStrike Holdings, Inc.	$994K	0.11%	0.00%	-18.7%	Q4 2024
ETNEaton Corp plc	$975K	0.11%	0.00%	+2.1%	Q3 2025

Q4 2025Reported Jan 27, 2026100 positions
AAPLApple Inc.	$94.4M	11.12%	0.00%	+29.2%	Q4 2024
SPYSPDR S&P 500 ETF Trust	$49.6M	5.84%	Not reported	+21.0%	Q4 2024
NVDANvidia Corp	$26M	3.07%	0.00%	+5.5%	Q4 2024
AMZNAmazon Com Inc	$19.9M	2.34%	0.00%	+10.2%	Q4 2024
MSFTMicrosoft Corp	$18M	2.12%	0.00%	+9.1%	Q4 2024
TSLATesla, Inc.	$14.3M	1.69%	0.00%	+35.9%	Q4 2024
COSTCostco Wholesale Corp	$13.9M	1.64%	0.00%	+28.1%	Q4 2024
XOMExxonMobil Holdings Corp	$8.89M	1.05%	0.00%	+0.3%	Q4 2024
METAMeta Platforms, Inc.	$8.72M	1.03%	Not reported	+199.9%	Q4 2024
LLYELI LILLY & Co	$8.23M	0.97%	0.00%	+15.9%	Q4 2024
AFLAflac Inc	$7.5M	0.88%	0.01%	+0.2%	Q4 2024
ABBVAbbVie Inc.	$6.12M	0.72%	0.00%	+4.9%	Q4 2024
NVDLNovadel Pharma Inc	$5.59M	0.66%	Not reported	+813.3%	Q3 2025
GOOGLAlphabet Inc.	$5.25M	0.62%	0.00%	+39.5%	Q4 2024
JPMJPMorgan Chase & Co	$5.25M	0.62%	0.00%	+8.5%	Q4 2024
GOOGAlphabet Inc.	$4.92M	0.58%	Not reported	+1.9%	Q4 2024
VVisa Inc.	$3.79M	0.45%	0.00%	+3.9%	Q4 2024
UNHUnitedhealth Group Inc	$3.72M	0.44%	0.00%	+5.9%	Q4 2024
AVGOBroadcom Inc.	$3.42M	0.40%	0.00%	+82.0%	Q4 2024
PLTRPalantir Technologies Inc.	$2.77M	0.33%	0.00%	+0.6%	Q4 2024
NSCNorfolk Southern Corp	$2.58M	0.30%	0.00%	Not reported	Q3 2025
WMTWalmart Inc.	$2.47M	0.29%	0.00%	-0.1%	Q4 2024
HDHome Depot, Inc.	$2.45M	0.29%	0.00%	+0.7%	Q4 2024
MCKMckesson Corp	$2.44M	0.29%	0.00%	-0.1%	Q4 2024
CATCaterpillar Inc	$2.1M	0.25%	0.00%	-12.6%	Q4 2024
BRK.BBerkshire Hathaway Inc	$1.95M	0.23%	Not reported	+5.8%	Q4 2024
MARMarriott International Inc	$1.77M	0.21%	0.00%	+0.1%	Q1 2025
GLDMWorld Gold Trust	$1.7M	0.20%	0.01%	-7.8%	Q3 2025
USBUS Bancorp \de\	$1.68M	0.20%	0.00%	-3.5%	Q4 2024
PHParker-Hannifin Corp	$1.62M	0.19%	0.00%	-3.1%	Q3 2025
EMREmerson Electric Co	$1.56M	0.18%	0.00%	-2.7%	Q4 2024
CRWDCrowdStrike Holdings, Inc.	$1.47M	0.17%	0.00%	+13.1%	Q4 2024
AMDAdvanced Micro Devices Inc	$1.41M	0.17%	0.00%	-12.2%	Q4 2024
JNJJohnson & Johnson	$1.31M	0.15%	0.00%	+0.2%	Q4 2024
EXPEExpedia Group, Inc.	$1.3M	0.15%	0.00%	+1.6%	Q3 2025
HOODRobinhood Markets, Inc.	$1.29M	0.15%	0.00%	-1.2%	Q2 2025
LRCXLam Research Corp	$1.29M	0.15%	0.00%	-14.3%	Q3 2025
KMIKinder Morgan, Inc.	$1.22M	0.14%	0.00%	Not reported	Q2 2025
GSGoldman Sachs Group Inc	$1.22M	0.14%	0.00%	+5.1%	Q2 2025
KOCoca Cola Co	$1.22M	0.14%	0.00%	+0.6%	Q4 2024
AXPAmerican Express Co	$1.22M	0.14%	0.00%	+1.2%	Q4 2024
MNSTMonster Beverage Corp	$1.2M	0.14%	0.00%	+5.8%	Q3 2025
BNYBank of New York Mellon Corp	$1.18M	0.14%	0.00%	+5.1%	Q3 2025
PEPPepsico Inc	$1.17M	0.14%	0.00%	-0.3%	Q2 2025
MMM3m Co	$1.17M	0.14%	0.00%	New	Q4 2025
GEVGE Vernova Inc.	$1.16M	0.14%	0.00%	+3.3%	Q2 2025
KLACKla Corp	$1.15M	0.14%	0.00%	-9.5%	Q3 2025
PANWPalo Alto Networks Inc	$1.15M	0.14%	0.00%	+7.1%	Q4 2024
PCARPaccar Inc	$1.15M	0.14%	0.00%	Not reported	Q4 2024
GEGeneral Electric Co	$1.14M	0.13%	0.00%	+1.8%	Q3 2025

Q3 2025Reported Oct 27, 202590 positions
AAPLApple Inc.	$68.4M	9.15%	0.00%	+1.7%	Q4 2024
SPYSPDR S&P 500 ETF Trust	$40M	5.35%	Not reported	-11.3%	Q4 2024
NVDANvidia Corp	$24.7M	3.31%	0.00%	+36.6%	Q4 2024
MSFTMicrosoft Corp	$17.6M	2.36%	0.00%	+10.0%	Q4 2024
AMZNAmazon Com Inc	$17.2M	2.30%	0.00%	-7.8%	Q4 2024
COSTCostco Wholesale Corp	$11.7M	1.56%	0.00%	+135.0%	Q4 2024
TSLATesla, Inc.	$10.4M	1.40%	0.00%	-11.9%	Q4 2024
XOMExxonMobil Holdings Corp	$8.3M	1.11%	0.00%	+4.1%	Q4 2024
AFLAflac Inc	$7.58M	1.01%	0.01%	Not reported	Q4 2024
ABBVAbbVie Inc.	$5.91M	0.79%	0.00%	+77.7%	Q4 2024
LLYELI LILLY & Co	$5.04M	0.67%	0.00%	+2.0%	Q4 2024
JPMJPMorgan Chase & Co	$4.74M	0.63%	0.00%	+95.4%	Q4 2024
GOOGAlphabet Inc.	$3.75M	0.50%	Not reported	-57.1%	Q4 2024
UNHUnitedhealth Group Inc	$3.68M	0.49%	0.00%	-0.1%	Q4 2024
VVisa Inc.	$3.56M	0.48%	0.00%	+1.8%	Q4 2024
METAMeta Platforms, Inc.	$3.23M	0.43%	Not reported	-13.5%	Q4 2024
GOOGLAlphabet Inc.	$2.93M	0.39%	0.00%	+70.4%	Q4 2024
HDHome Depot, Inc.	$2.86M	0.38%	0.00%	+25.4%	Q4 2024
PLTRPalantir Technologies Inc.	$2.83M	0.38%	0.00%	+125.0%	Q4 2024
MSTRStrategy Inc	$2.83M	0.38%	Not reported	+54.2%	Q4 2024
NSCNorfolk Southern Corp	$2.68M	0.36%	0.00%	New	Q3 2025
MCKMckesson Corp	$2.3M	0.31%	0.00%	+0.1%	Q4 2024
WMTWalmart Inc.	$2.29M	0.31%	0.00%	+0.1%	Q4 2024
CATCaterpillar Inc	$2M	0.27%	0.00%	+149.6%	Q4 2024
BRK.BBerkshire Hathaway Inc	$1.84M	0.25%	Not reported	+1.8%	Q4 2024
AVGOBroadcom Inc.	$1.79M	0.24%	0.00%	+160.2%	Q4 2024
HOODRobinhood Markets, Inc.	$1.65M	0.22%	0.01%	+420.1%	Q2 2025
GLDMWorld Gold Trust	$1.65M	0.22%	0.01%	New	Q3 2025
EMREmerson Electric Co	$1.58M	0.21%	0.00%	Not reported	Q4 2024
USBUS Bancorp \de\	$1.58M	0.21%	0.00%	-2.5%	Q4 2024
MARMarriott International Inc	$1.48M	0.20%	0.00%	+233.3%	Q1 2025
PHParker-Hannifin Corp	$1.44M	0.19%	0.00%	New	Q3 2025
CRWDCrowdStrike Holdings, Inc.	$1.36M	0.18%	0.00%	Not reported	Q4 2024
ANETArista Networks, Inc.	$1.32M	0.18%	0.00%	+133.3%	Q4 2024
NFLXNetflix Inc	$1.31M	0.18%	0.00%	-26.5%	Q4 2024
KMIKinder Morgan, Inc.	$1.26M	0.17%	0.00%	-0.3%	Q2 2025
ORCLOracle Corp	$1.26M	0.17%	0.00%	Not reported	Q4 2024
AMDAdvanced Micro Devices Inc	$1.21M	0.16%	0.00%	Not reported	Q4 2024
PANWPalo Alto Networks Inc	$1.19M	0.16%	0.00%	-45.5%	Q4 2024
SYKStryker Corp	$1.19M	0.16%	0.00%	0.0%	Q4 2024
LRCXLam Research Corp	$1.17M	0.16%	0.00%	New	Q3 2025
JNJJohnson & Johnson	$1.17M	0.16%	0.00%	+0.6%	Q4 2024
PWRQuanta Services, Inc.	$1.16M	0.16%	0.00%	-33.7%	Q2 2025
PEPPepsico Inc	$1.15M	0.15%	0.00%	+0.2%	Q2 2025
KOCoca Cola Co	$1.15M	0.15%	0.00%	+1.3%	Q4 2024
KLACKla Corp	$1.13M	0.15%	0.00%	New	Q3 2025
GRMNGarmin Ltd	$1.12M	0.15%	0.00%	New	Q3 2025
GEGeneral Electric Co	$1.09M	0.15%	0.00%	New	Q3 2025
CDNSCadence Design Systems Inc	$1.08M	0.14%	0.00%	Not reported	Q4 2024
AXPAmerican Express Co	$1.08M	0.14%	0.00%	Not reported	Q4 2024

Premium opens every quarter this fund has filed