13F HOLDINGS REPORT
ZEGA Investments, LLC
Quarter ended Q4 2025 · Filed January 27, 2026 · Accession 0001172661-26-000317
Total Value
$848.3M
Positions
173
Other Managers
0
Confidential Omitted
No
Holdings (173)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR S&P 500 ETF TR | SPY | 146,600 | $100.0M | 11.78% |
| 2 | APPLE INC | AAPL | 347,055 | $94.4M | 11.12% |
| 3 | SPDR S&P 500 ETF TR | SPY | 120,700 | $82.3M | 9.70% |
| 4 | SPDR S&P 500 ETF TR | SPY | 72,663 | $49.6M | 5.84% |
| 5 | SSGA ACTIVE TR | 78470P846 | 1,685,210 | $47.9M | 5.65% |
| 6 | APPLE INC | AAPL | 167,000 | $45.4M | 5.35% |
| 7 | NVIDIA CORPORATION | NVDA | 139,669 | $26.0M | 3.07% |
| 8 | TIDAL TRUST I | 886364660 | 941,836 | $21.3M | 2.51% |
| 9 | AMAZON COM INC | AMZN | 86,138 | $19.9M | 2.34% |
| 10 | MICROSOFT CORP | MSFT | 37,179 | $18.0M | 2.12% |
| 11 | NVIDIA CORPORATION | NVDA | 87,400 | $16.3M | 1.92% |
| 12 | AMAZON COM INC | AMZN | 62,300 | $14.4M | 1.70% |
| 13 | TESLA INC | TSLA | 31,895 | $14.3M | 1.69% |
| 14 | COSTCO WHSL CORP NEW | 22160K105 | 16,150 | $13.9M | 1.64% |
| 15 | SPDR SERIES TRUST | 78468R408 | 429,398 | $10.9M | 1.28% |
| 16 | SSGA ACTIVE ETF TR | 78467V608 | 257,316 | $10.6M | 1.25% |
| 17 | INVESCO QQQ TR | IVZ | 17,200 | $10.6M | 1.25% |
| 18 | COSTCO WHSL CORP NEW | 22160K105 | 10,900 | $9.4M | 1.11% |
| 19 | EXXON MOBIL CORP | XOM | 73,862 | $8.9M | 1.05% |
| 20 | META PLATFORMS INC | META | 13,209 | $8.7M | 1.03% |
| 21 | ELI LILLY & CO | LLY | 7,656 | $8.2M | 0.97% |
| 22 | APPLE INC | AAPL | 30,100 | $8.2M | 0.96% |
| 23 | AFLAC INC | AFL | 67,975 | $7.5M | 0.88% |
| 24 | EXXON MOBIL CORP | XOM | 61,300 | $7.4M | 0.87% |
| 25 | MICROSOFT CORP | MSFT | 14,300 | $6.9M | 0.82% |
| 26 | AFLAC INC | AFL | 59,400 | $6.6M | 0.77% |
| 27 | ABBVIE INC | ABBV | 26,775 | $6.1M | 0.72% |
| 28 | ABBVIE INC | ABBV | 25,000 | $5.7M | 0.67% |
| 29 | GRANITESHARES ETF TR | 38747R827 | 63,467 | $5.6M | 0.66% |
| 30 | GRANITESHARES ETF TR | 38747R827 | 62,700 | $5.5M | 0.65% |
| 31 | ALPHABET INC | GOOG | 16,788 | $5.3M | 0.62% |
| 32 | JPMORGAN CHASE & CO. | VYLD | 16,305 | $5.3M | 0.62% |
| 33 | ALPHABET INC | GOOG | 15,686 | $4.9M | 0.58% |
| 34 | JPMORGAN CHASE & CO. | VYLD | 12,800 | $4.1M | 0.49% |
| 35 | VISA INC | V | 10,817 | $3.8M | 0.45% |
| 36 | UNITEDHEALTH GROUP INC | UNH | 11,276 | $3.7M | 0.44% |
| 37 | BROADCOM INC | AVGO | 9,874 | $3.4M | 0.40% |
| 38 | INVESCO QQQ TR | IVZ | 4,600 | $2.8M | 0.33% |
| 39 | PALANTIR TECHNOLOGIES INC | PLTR | 15,610 | $2.8M | 0.33% |
| 40 | NORFOLK SOUTHN CORP | 655844108 | 8,934 | $2.6M | 0.30% |
| 41 | WALMART INC | WMT | 22,204 | $2.5M | 0.29% |
| 42 | HOME DEPOT INC | HD | 7,118 | $2.4M | 0.29% |
| 43 | MCKESSON CORP | MCK | 2,972 | $2.4M | 0.29% |
| 44 | PALANTIR TECHNOLOGIES INC | PLTR | 13,600 | $2.4M | 0.28% |
| 45 | SPDR SERIES TRUST | 78468R663 | 24,021 | $2.2M | 0.26% |
| 46 | TIDAL TRUST II | 88636J568 | 125,137 | $2.2M | 0.26% |
| 47 | TIDAL TRUST II | 88636R750 | 41,477 | $2.2M | 0.26% |
| 48 | CATERPILLAR INC | CAT | 3,659 | $2.1M | 0.25% |
| 49 | ISHARES TR | 464287200 | 2,956 | $2.0M | 0.24% |
| 50 | CAPITAL GROUP DIVIDEND VALUE | 14020W106 | 45,950 | $2.0M | 0.24% |
| 51 | PACER FDS TR | 69374H360 | 55,621 | $2.0M | 0.23% |
| 52 | SPDR SERIES TRUST | 78464A672 | 67,823 | $2.0M | 0.23% |
| 53 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 3,873 | $1.9M | 0.23% |
| 54 | WALMART INC | WMT | 16,100 | $1.8M | 0.21% |
| 55 | MARRIOTT INTL INC NEW | 571903202 | 5,696 | $1.8M | 0.21% |
| 56 | TIDAL TRUST II | 88636J659 | 171,644 | $1.7M | 0.20% |
| 57 | WORLD GOLD TR | GLDW | 19,931 | $1.7M | 0.20% |
| 58 | US BANCORP DEL | USB-PS | 31,467 | $1.7M | 0.20% |
| 59 | PARKER-HANNIFIN CORP | PH | 1,841 | $1.6M | 0.19% |
| 60 | US BANCORP DEL | USB-PS | 30,100 | $1.6M | 0.19% |
| 61 | SPDR SERIES TRUST | 78464A854 | 19,614 | $1.6M | 0.19% |
| 62 | EMERSON ELEC CO | EMR | 11,729 | $1.6M | 0.18% |
| 63 | CROWDSTRIKE HLDGS INC | CRWD | 3,129 | $1.5M | 0.17% |
| 64 | ADVANCED MICRO DEVICES INC | AMD | 6,569 | $1.4M | 0.17% |
| 65 | INVESCO EXCH TRADED FD TR II | IVZ | 5,190 | $1.3M | 0.15% |
| 66 | JOHNSON & JOHNSON | JNJ | 6,334 | $1.3M | 0.15% |
| 67 | EXPEDIA GROUP INC | EXPE | 4,605 | $1.3M | 0.15% |
| 68 | TIDAL TRUST II | 88636R818 | 21,894 | $1.3M | 0.15% |
| 69 | ROBINHOOD MKTS INC | 770700102 | 11,417 | $1.3M | 0.15% |
| 70 | LAM RESEARCH CORP | LRCX | 7,509 | $1.3M | 0.15% |
| 71 | KINDER MORGAN INC DEL | EP-PC | 44,467 | $1.2M | 0.14% |
| 72 | GOLDMAN SACHS GROUP INC | GSCE | 1,386 | $1.2M | 0.14% |
| 73 | COCA COLA CO | KO | 17,415 | $1.2M | 0.14% |
| 74 | AMERICAN EXPRESS CO | AXP | 3,290 | $1.2M | 0.14% |
| 75 | MONSTER BEVERAGE CORP NEW | MNST | 15,599 | $1.2M | 0.14% |
| 76 | BANK NEW YORK MELLON CORP | 064058100 | 10,129 | $1.2M | 0.14% |
| 77 | PEPSICO INC | PEP | 8,162 | $1.2M | 0.14% |
| 78 | 3M CO | MMM | 7,291 | $1.2M | 0.14% |
| 79 | GE VERNOVA INC | GEV | 1,778 | $1.2M | 0.14% |
| 80 | KLA CORP | KLAC | 950 | $1.2M | 0.14% |
| 81 | PALO ALTO NETWORKS INC | PANW | 6,261 | $1.2M | 0.14% |
| 82 | PACCAR INC | PCAR | 10,500 | $1.1M | 0.14% |
| 83 | GE AEROSPACE | 369604301 | 3,686 | $1.1M | 0.13% |
| 84 | STRYKER CORPORATION | SYK | 3,215 | $1.1M | 0.13% |
| 85 | ARISTA NETWORKS INC | ANET | 8,608 | $1.1M | 0.13% |
| 86 | VANGUARD INDEX FDS | 922908736 | 2,179 | $1.1M | 0.13% |
| 87 | CADENCE DESIGN SYSTEM INC | CDNS | 3,356 | $1.0M | 0.12% |
| 88 | QUANTA SVCS INC | 74762E102 | 2,485 | $1.0M | 0.12% |
| 89 | TJX COS INC NEW | 872540109 | 6,764 | $1.0M | 0.12% |
| 90 | SPDR GOLD TR | GLD | 2,611 | $1.0M | 0.12% |
| 91 | S&P GLOBAL INC | SPGI | 1,957 | $1.0M | 0.12% |
| 92 | ISHARES TR | 464287150 | 6,819 | $1.0M | 0.12% |
| 93 | ABBOTT LABS | ABLZF | 8,012 | $1.0M | 0.12% |
| 94 | INTUIT | INTU | 1,505 | $996,942 | 0.12% |
| 95 | TIDAL TRUST II | 88636J659 | 99,400 | $992,012 | 0.12% |
| 96 | ORACLE CORP | ORCL-PD | 5,067 | $987,609 | 0.12% |
| 97 | ENERGY TRANSFER L P | ET-PI | 56,165 | $926,156 | 0.11% |
| 98 | MCDONALDS CORP | MCD | 2,995 | $915,276 | 0.11% |
| 99 | STARBUCKS CORP | SBUX | 10,844 | $913,208 | 0.11% |
| 100 | PNC FINL SVCS GROUP INC | 693475105 | 4,364 | $910,898 | 0.11% |
| 101 | NETFLIX INC | NFLX | 9,480 | $888,845 | 0.10% |
| 102 | VANGUARD INDEX FDS | 922908769 | 2,639 | $884,778 | 0.10% |
| 103 | EATON CORP PLC | ETN | 2,670 | $850,422 | 0.10% |
| 104 | SOFI TECHNOLOGIES INC | SOFI | 32,226 | $843,677 | 0.10% |
| 105 | INVESCO QQQ TR | IVZ | 1,369 | $840,997 | 0.10% |
| 106 | BOEING CO | BA-PA | 3,847 | $835,261 | 0.10% |
| 107 | BONDBLOXX ETF TRUST | 09789C861 | 16,751 | $829,766 | 0.10% |
| 108 | BONDBLOXX ETF TRUST | 09789C788 | 16,497 | $828,974 | 0.10% |
| 109 | CHEVRON CORP NEW | CVX | 5,417 | $825,578 | 0.10% |
| 110 | ENTERPRISE PRODS PARTNERS L | 293792107 | 25,492 | $817,262 | 0.10% |
| 111 | AXON ENTERPRISE INC | AXON | 1,433 | $813,844 | 0.10% |
| 112 | TIDAL TRUST II | 88636J576 | 45,570 | $794,371 | 0.09% |
| 113 | PROCTER AND GAMBLE CO | 742718109 | 5,368 | $769,236 | 0.09% |
| 114 | DEERE & CO | DE | 1,611 | $750,033 | 0.09% |
| 115 | ADOBE INC | ADBE | 2,130 | $745,479 | 0.09% |
| 116 | WELLS FARGO CO NEW | 949746101 | 7,769 | $724,071 | 0.09% |
| 117 | STRATEGY INC | STRK | 4,676 | $710,518 | 0.08% |
| 118 | TIDAL TRUST II | 88636R560 | 15,784 | $700,544 | 0.08% |
| 119 | COINBASE GLOBAL INC | COIN | 2,865 | $647,891 | 0.08% |
| 120 | SALESFORCE INC | CRM | 2,423 | $641,955 | 0.08% |
| 121 | VISTRA CORP | VST | 3,974 | $641,125 | 0.08% |
| 122 | DIAMONDBACK ENERGY INC | FANG | 4,028 | $605,502 | 0.07% |
| 123 | BONDBLOXX ETF TRUST | 09789C853 | 11,428 | $565,343 | 0.07% |
| 124 | KROGER CO | KR | 8,942 | $558,679 | 0.07% |
| 125 | EQUIFAX INC | EFX | 2,500 | $542,450 | 0.06% |
| 126 | SPDR SERIES TRUST | 78468R440 | 18,652 | $532,511 | 0.06% |
| 127 | TIDAL TRUST II | 88636J394 | 31,052 | $510,493 | 0.06% |
| 128 | ENTERPRISE PRODS PARTNERS L | 293792107 | 15,700 | $503,342 | 0.06% |
| 129 | EA SERIES TRUST | 02072L565 | 3,567 | $410,562 | 0.05% |
| 130 | VANGUARD WHITEHALL FDS | 921946406 | 2,755 | $395,346 | 0.05% |
| 131 | VANGUARD WORLD FD | 921910873 | 1,573 | $395,090 | 0.05% |
| 132 | TIDAL TRUST II | 88634T436 | 24,488 | $391,835 | 0.05% |
| 133 | TIDAL TRUST II | 88634T774 | 24,837 | $362,867 | 0.04% |
| 134 | WISDOMTREE TR | WT | 7,089 | $356,718 | 0.04% |
| 135 | CLOUDFLARE INC | NET | 1,794 | $353,687 | 0.04% |
| 136 | UNITED PARCEL SERVICE INC | UPS | 3,542 | $351,331 | 0.04% |
| 137 | SERVICENOW INC | NOW | 2,251 | $344,831 | 0.04% |
| 138 | GRAYSCALE BITCOIN TRUST ETF | GBTC | 5,000 | $341,800 | 0.04% |
| 139 | J P MORGAN EXCHANGE TRADED F | 46641Q837 | 6,753 | $341,634 | 0.04% |
| 140 | HONEYWELL INTL INC | 438516106 | 1,682 | $328,141 | 0.04% |
| 141 | EA SERIES TRUST | 02072L649 | 6,467 | $326,245 | 0.04% |
| 142 | INTEL CORP | INTC | 8,727 | $322,026 | 0.04% |
| 143 | TIDAL TRUST II | 88634T790 | 21,768 | $317,812 | 0.04% |
| 144 | UBER TECHNOLOGIES INC | UBER | 3,804 | $310,825 | 0.04% |
| 145 | TIDAL TRUST II | 88636J162 | 18,747 | $308,386 | 0.04% |
| 146 | ITRON INC | ITRI | 3,226 | $299,566 | 0.04% |
| 147 | ISHARES TR | 464287655 | 1,202 | $295,887 | 0.03% |
| 148 | SPDR SERIES TRUST | 78464A409 | 2,739 | $292,304 | 0.03% |
| 149 | J P MORGAN EXCHANGE TRADED F | 46641Q332 | 4,896 | $280,252 | 0.03% |
| 150 | ISHARES BITCOIN TRUST ETF | IBIT | 5,620 | $279,033 | 0.03% |
| 151 | MASTERCARD INCORPORATED | MA | 448 | $255,982 | 0.03% |
| 152 | ILLINOIS TOOL WKS INC | 452308109 | 1,032 | $254,182 | 0.03% |
| 153 | FIDELITY COVINGTON TRUST | 316092840 | 4,407 | $249,833 | 0.03% |
| 154 | TIDAL TRUST II | 88634T857 | 18,740 | $249,806 | 0.03% |
| 155 | SPDR SERIES TRUST | 78468R424 | 9,896 | $249,676 | 0.03% |
| 156 | TIDAL TRUST II | 88636J451 | 19,984 | $242,800 | 0.03% |
| 157 | WISDOMTREE TR | WT | 2,670 | $238,778 | 0.03% |
| 158 | TIDAL TRUST II | 88634T840 | 17,513 | $232,578 | 0.03% |
| 159 | SHELL PLC | RYDAF | 3,139 | $230,664 | 0.03% |
| 160 | TIDAL TRUST II | 88636X880 | 6,044 | $226,883 | 0.03% |
| 161 | KINROSS GOLD CORP | KGCRF | 8,000 | $225,280 | 0.03% |
| 162 | VANGUARD INDEX FDS | 922908363 | 357 | $223,885 | 0.03% |
| 163 | SPDR SERIES TRUST | 78464A508 | 3,871 | $219,912 | 0.03% |
| 164 | GLOBAL X FDS | 37954Y673 | 4,432 | $211,805 | 0.02% |
| 165 | INTERNATIONAL BUSINESS MACHS | INTR | 708 | $209,717 | 0.02% |
| 166 | TIDAL TRUST II | 88636R347 | 5,284 | $209,559 | 0.02% |
| 167 | WISDOMTREE TR | WT | 3,519 | $206,460 | 0.02% |
| 168 | TIDAL TRUST II | 88636R800 | 3,914 | $201,746 | 0.02% |
| 169 | ISHARES TR | 464287101 | 586 | $200,981 | 0.02% |
| 170 | TIDAL TRUST II | 88634T428 | 12,972 | $200,419 | 0.02% |
| 171 | TIDAL TRUST II | 88634T816 | 14,952 | $188,547 | 0.02% |
| 172 | TIDAL TRUST II | 88634T444 | 15,002 | $182,280 | 0.02% |
| 173 | COEUR MNG INC | 192108504 | 10,100 | $180,083 | 0.02% |