Live Markets
Wednesday, July 29, 2026·George Town, KY·29°·Partly Cloudy
Markets Open · NYSE·Newsletter·Masthead·
VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

Systematic Alpha Investments, LLC

Quarter ended Q1 2025 · Filed May 16, 2025 · Accession 0001806755-25-000003

Total Value
$2.62B
Positions
222
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (222)

#IssuerTicker / CUSIPSharesValue% of Filing
1Vanguard S&P 500 ETF9229083631,132,544$582.0M22.23%
2Eli Lilly and CompanyLLY279,303$230.7M8.81%
3Vanguard Value ETF922908744894,868$154.6M5.91%
4Apple Inc.AAPL576,144$128.0M4.89%
5NVIDIA CorporationNVDA895,219$97.0M3.71%
6Microsoft CorporationMSFT251,402$94.4M3.61%
7Vanguard Dividend Appreciation ETF921908844353,000$68.5M2.62%
8Travelers Companies, Inc.TRV215,208$56.9M2.17%
9Vanguard Growth ETF922908736130,672$48.5M1.85%
10Alphabet Inc. Class AGOOG308,599$47.7M1.82%
11Applied Materials, Inc.038222105317,598$46.1M1.76%
12Vanguard Information Technology ETF92204A70282,300$44.6M1.71%
13Amazon.com, Inc.AMZN225,499$42.9M1.64%
14Meta Platforms Inc Class AMETA73,470$42.3M1.62%
15SPDR S&P 500 ETF TrustSPY75,170$42.0M1.61%
16Merck & Co., Inc.MRK410,682$36.9M1.41%
17Waste Management, Inc.94106L109149,216$34.5M1.32%
18Mastercard Incorporated Class AMA59,876$32.8M1.25%
19Invesco S&P Smallcap 600 Pure Value ETFIVZ306,488$30.3M1.16%
20UnitedHealth Group IncorporatedUNH57,323$30.0M1.15%
21McDonald's CorporationMCD96,001$30.0M1.15%
22PepsiCo, Inc.PEP193,425$29.0M1.11%
23Home Depot, Inc.HD75,320$27.6M1.05%
24Allstate CorporationALL-PJ126,941$26.3M1.00%
25Alphabet Inc. Class CGOOG158,759$24.8M0.95%
26American Electric Power Company, Inc.025537101217,000$23.7M0.91%
27MetLife, Inc.MET-PF280,471$22.5M0.86%
28Union Pacific CorporationUNP93,348$22.1M0.84%
29AbbVie, Inc.ABBV98,285$20.6M0.79%
30T-Mobile US, Inc.TMUSZ76,760$20.5M0.78%
31Cisco Systems, Inc.CSCO314,568$19.4M0.74%
32Kimberly-Clark CorporationKMB131,859$18.8M0.72%
33Bristol-Myers Squibb CompanyCELG-RI296,292$18.1M0.69%
34RTX CorporationRTX134,190$17.8M0.68%
35Netflix, Inc.NFLX16,761$15.6M0.60%
36Yum! Brands, Inc.YUM99,234$15.6M0.60%
37Sun Life Financial Inc.SUNFF250,808$14.4M0.55%
38Eversource EnergyES226,152$14.0M0.54%
39Verizon Communications Inc.VZ308,920$14.0M0.54%
40Altria Group, Inc.MO212,638$12.8M0.49%
41Avery Dennison CorporationAVY70,644$12.6M0.48%
42Financial Select Sector SPDR Fund81369Y605248,410$12.4M0.47%
43Coca-Cola CompanyKO172,300$12.3M0.47%
44Target CorporationTGT114,786$12.0M0.46%
45Broadcom Inc.AVGO70,130$11.7M0.45%
46Pfizer Inc.PFE424,515$10.8M0.41%
47Truist Financial Corporation89832Q109233,937$9.6M0.37%
48Acadian Asset Management Inc.AAMI370,108$9.6M0.37%
49JPMorgan ChaseVYLD36,804$9.0M0.34%
50Unilever PLC Sponsored ADRUNLYF147,881$8.8M0.34%
51SLM CorpSLMBP277,906$8.2M0.31%
52iShares Russell 2000 ETF46428765540,006$8.0M0.30%
53Edison International281020107130,188$7.7M0.29%
54Lam Research CorporationLRCX104,380$7.6M0.29%
55iShares Core U.S. Aggregate Bond ETF46428722672,000$7.1M0.27%
56Tesla, Inc.TSLA27,229$7.1M0.27%
57SPDR Portfolio S&P 500 High Dividend ETF78468R788147,601$6.5M0.25%
58SPDR Portfolio S&P 500 Growth ETF78464A40970,000$5.6M0.21%
59Advanced Micro Devices, Inc.AMD54,613$5.6M0.21%
60Intel CorporationINTC215,388$4.9M0.19%
61Salesforce, Inc.CRM15,624$4.2M0.16%
62Walmart Inc.WMT44,100$3.9M0.15%
63Microchip Technology IncorporatedMCHPP79,000$3.8M0.15%
64QUALCOMM IncorporatedQCOM22,342$3.4M0.13%
65Adobe Inc.ADBE8,120$3.1M0.12%
66Visa Inc. Class AV8,673$3.0M0.12%
67Leidos Holdings, Inc.LDOS21,781$2.9M0.11%
68Bank of America Corp06050510467,508$2.8M0.11%
69Southern CompanySOMN30,000$2.8M0.11%
70Royal Caribbean GroupV7780T10313,214$2.7M0.10%
71Public StoragePSA-PS9,030$2.7M0.10%
72Medtronic PlcMDT29,701$2.7M0.10%
73O'Reilly Automotive, Inc.67103H1071,800$2.6M0.10%
74Pitney Bowes Inc.PBI-PB275,000$2.5M0.10%
75Chevron CorporationCVX14,854$2.5M0.09%
76Franklin Resources, Inc.BEN126,200$2.4M0.09%
77Boston Scientific CorporationBSX21,760$2.2M0.08%
78Morgan StanleyMS-PQ17,326$2.0M0.08%
79Freeport-McMoRan, Inc.FCX53,157$2.0M0.08%
80Diamondback Energy, Inc.FANG12,013$1.9M0.07%
81Invesco Ltd.IVZ126,193$1.9M0.07%
82V.F. CorporationVFC116,777$1.8M0.07%
83Arista Networks, Inc.ANET23,296$1.8M0.07%
84Goldman Sachs Group, Inc.GSCE3,194$1.7M0.07%
85CBRE Group, Inc. Class ACBRE13,223$1.7M0.07%
86Boeing CompanyBA-PA10,038$1.7M0.07%
87Carrier Global Corp.CARR25,789$1.6M0.06%
88Otis Worldwide CorporationOTIS14,610$1.5M0.06%
89Invesco QQQ Trust Series IIVZ3,130$1.5M0.06%
90HP Inc.HPQ53,000$1.5M0.06%
91Marriott International, Inc. Class A5719032026,143$1.5M0.06%
92Brady Corporation Class ABRC20,200$1.4M0.05%
93PulteGroup, Inc.74586710113,088$1.3M0.05%
94HSBC Holdings PLC Sponsored ADRHBCYF23,000$1.3M0.05%
95Kroger Co.KR18,830$1.3M0.05%
96Lennar Corporation Class ALEN-B10,729$1.2M0.05%
97Chipotle Mexican Grill, Inc.CMG21,600$1.1M0.04%
98Copart, Inc.CPRT18,972$1.1M0.04%
99Baker Hughes Company Class ABKR23,912$1.1M0.04%
100United Rentals, Inc.URI1,674$1.0M0.04%
101APA CorporationAPA48,003$1.0M0.04%
102Fortinet, Inc.FTNT10,359$997,2530.04%
103ServiceNow, Inc.NOW1,247$992,7860.04%
104Alibaba Group Holding Limited Sponsored ADRBBAAY7,100$938,8330.04%
105Marathon Petroleum CorporationMARA6,315$920,0320.04%
106Schlumberger LimitedSLB21,425$895,5650.03%
107Synopsys, Inc.SNPS2,053$880,4290.03%
108Northrop Grumman Corp.NOC1,700$870,4170.03%
109MGM Resorts InternationalMGM29,270$867,5620.03%
110Sprouts Farmers Market, Inc.85208M1025,575$850,9680.03%
111GE Aerospace3696043014,243$849,2360.03%
112Align Technology, Inc.ALGN5,266$836,5560.03%
113Ford Motor Company34537086079,942$801,8180.03%
114Hess CorporationHESM4,980$795,4550.03%
115Raymond James Financial, Inc.7547301095,700$791,7870.03%
116Samsung Electronics Co., Ltd. Sponsored GDR796050888800$785,0590.03%
117Lincoln National Corp53418710920,738$744,7010.03%
118Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR8740391004,400$730,4000.03%
119KLA CorporationKLAC1,061$721,2670.03%
120Exxon Mobil CorporationXOM6,040$718,3370.03%
121Berkshire Hathaway Inc. Class BBRK-A1,346$716,8520.03%
122Teradyne, Inc.TER8,500$702,1000.03%
123ACI Worldwide, Inc.ACIW12,600$689,3460.03%
124Parker-Hannifin CorporationPH1,120$680,7920.03%
125Chemed CorporationCHE1,100$676,8520.03%
126FirstCash Holdings, Inc.FCFS5,500$661,7600.03%
127SPDR S&P Dividend ETF78464A7634,800$651,2640.02%
128Western Digital CorporationWDC16,000$646,8800.02%
129News Corporation Class ANWSLL23,740$646,2020.02%
130Regions Financial CorporationRF-PF29,615$643,5330.02%
131Magnolia Oil & Gas Corp. Class AMGY25,400$641,6040.02%
132Cadence Design Systems, Inc.CDNS2,498$635,3160.02%
133Quanta Services, Inc.74762E1022,493$633,6700.02%
134Allison Transmission Holdings, Inc.ALSN6,600$631,4220.02%
135Tecnoglass Inc.TGLS8,800$629,6400.02%
136Toll Brothers, Inc.TOL5,900$622,9810.02%
137Organon & Co.OGN41,067$611,4870.02%
138McKesson CorporationMCK900$605,6910.02%
139PayPal Holdings, Inc.PYPL9,171$598,4070.02%
140Celanese CorporationCE10,000$567,7000.02%
141Hilton Worldwide Holdings Inc.HLT2,438$554,7660.02%
142Ameris BancorpABCB9,100$523,8870.02%
143Cigna Group1255231001,581$520,1490.02%
144ORIX Corporation Sponsored ADRORXCF24,810$518,2800.02%
145eBay Inc.EBAY7,580$513,3930.02%
146Intuitive Surgical, Inc.ISRG1,029$509,6320.02%
147International Business Machines CorporationINTR2,040$507,2660.02%
148ConocoPhillipsCOP4,610$484,1420.02%
149Gen Digital Inc.GENVR17,776$471,7750.02%
150Walt Disney Company2546871064,731$466,9490.02%
151Corteva IncCTVA7,400$465,6820.02%
152Viatris, Inc.VTRS52,730$459,2870.02%
153Vanguard FTSE Emerging Markets ETF92204285810,115$457,8040.02%
154Insight Enterprises, Inc.NSIT2,950$442,4700.02%
155iShares MSCI Emerging Markets ETF46428723410,018$437,7860.02%
156Discover Financial Services2547091082,547$434,7720.02%
157Amdocs LimitedDOX4,700$430,0500.02%
158Newmont CorporationNEMCL8,855$427,5190.02%
159SK Telecom Co., Ltd. Sponsored ADRSKM19,900$423,0740.02%
160Elevance Health, Inc.ELV947$411,9070.02%
161Walgreens Boots Alliance, Inc.93142710836,400$406,5880.02%
162Stanley Black & Decker, Inc.SWK5,283$406,1570.02%
163Webster Financial Corporation9478901097,792$401,6770.02%
164Nucor CorporationNUE3,320$399,5280.02%
165Capital One Financial Corp14040H1052,181$391,0530.01%
166American Tower Corporation03027X1001,764$383,8460.01%
167Campbell's CompanyCPB9,500$379,2400.01%
168Stride, Inc.LRN2,950$373,1750.01%
169Centene CorporationCNC6,134$372,3950.01%
170Devon Energy Corporation25179M1039,918$370,9330.01%
171ICICI Bank Limited Sponsored ADRIBN11,300$356,1760.01%
172Progressive Corporation7433151031,257$355,7430.01%
173Etsy, Inc.ETSY7,528$355,1710.01%
174Halliburton CompanyHAL13,816$350,5110.01%
175News Corporation Class BNWSLL11,500$349,2550.01%
176United Airlines Holdings, Inc.UNTCW5,047$348,4950.01%
177Thermo Fisher Scientific Inc.TMO696$346,3290.01%
178UFP Industries, Inc.UFPI3,200$342,5280.01%
179State Street CorporationSTT-PG3,798$340,0340.01%
180KKR Co IncKKRT2,860$330,6440.01%
181Carpenter Technology CorporationCRS1,800$326,1240.01%
182Harmony Gold Mining Co. Ltd. Sponsored ADRHGMCF21,600$319,0320.01%
183Analog Devices, Inc.ADI1,567$316,0160.01%
184Bath & Body Works, Inc.BBWI10,370$314,4180.01%
185Mosaic CompanyMOS11,633$314,2070.01%
186Johnson Controls International plcG515021053,909$313,1500.01%
187Newell Brands IncNWL50,000$310,0000.01%
188Expedia Group, Inc.EXPE1,837$308,7990.01%
189iShares Core S&P 500 ETF464287200544$305,6730.01%
190Citigroup Inc.C-PR4,238$300,8550.01%
191Electronic Arts Inc.EA2,020$291,9300.01%
192Darden Restaurants, Inc.DRI1,380$286,7080.01%
193Ingersoll Rand Inc.IR3,562$285,0660.01%
194General Motors Company37045V1005,830$274,1840.01%
195Palomar Holdings, Inc.PLMR2,000$274,1600.01%
196M/I Homes, Inc.MHO2,400$274,0320.01%
197DXC Technology Co.DXC15,578$265,6040.01%
198Linde plcLIN564$262,6210.01%
199Santander Bank Polska SA Unsponsored ADR80280M1049,000$257,3280.01%
200HCA Healthcare IncHCA738$255,0150.01%
201LPL Financial Holdings Inc.50212V100760$248,6260.01%
202Paycom Software, Inc.PAYC1,137$248,4110.01%
203Danaher Corporation2358511021,205$247,0250.01%
204Live Nation Entertainment, Inc.LYV1,847$241,1810.01%
205Norwegian Cruise Line Holdings Ltd.NCLH12,708$240,9430.01%
206Harmonic Inc.HLIT25,100$240,7090.01%
207Goosehead Insurance, Inc. Class AGSHD2,000$236,1200.01%
208Century Communities, Inc.1565043003,492$234,3130.01%
209KeyCorp49326710814,601$233,4700.01%
210S&P Global, Inc.SPGI452$229,6610.01%
211TechnipFMC plcFTI7,162$226,9630.01%
212Life Time Group Holdings, Inc.LTH7,500$226,5000.01%
213ONEOK, Inc.OKE2,218$220,0700.01%
214BlackRock, Inc.BLK230$217,6900.01%
215Micron Technology, Inc.MU2,461$213,8360.01%
216Lowe's Companies, Inc.548661107903$210,6060.01%
217PVH Corp.PVH3,169$204,8440.01%
218Bancorp IncTBBK3,800$200,7920.01%
219Newmark Group, Inc. Class ANMRK16,200$197,1540.01%
220Immersion CorporationIMMR24,400$184,9520.01%
221Companhia Energetica de Minas Gerais SA Sponsored ADR20440988218,200$46,4100.00%
222Big Lots, Inc.08930210346,600$1,0710.00%