13F HOLDINGS REPORT
Systematic Alpha Investments, LLC
Quarter ended Q3 2025 · Filed November 12, 2025 · Accession 0001806755-25-000008
Total Value
$3.04B
Positions
227
Other Managers
0
Confidential Omitted
No
Holdings (227)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Vanguard S&P 500 ETF | 922908363 | 1,132,544 | $693.5M | 22.81% |
| 2 | Eli Lilly and Company | LLY | 279,303 | $213.1M | 7.01% |
| 3 | NVIDIA Corporation | NVDA | 895,220 | $167.0M | 5.49% |
| 4 | Vanguard Value ETF | 922908744 | 894,868 | $166.9M | 5.49% |
| 5 | Apple Inc. | AAPL | 576,144 | $146.7M | 4.83% |
| 6 | Microsoft Corporation | MSFT | 251,402 | $130.2M | 4.28% |
| 7 | Vanguard Dividend Appreciation ETF | 921908844 | 353,000 | $76.2M | 2.51% |
| 8 | Alphabet Inc. Class A | GOOG | 308,600 | $75.0M | 2.47% |
| 9 | Applied Materials, Inc. | 038222105 | 317,598 | $65.0M | 2.14% |
| 10 | Vanguard Growth ETF | 922908736 | 130,672 | $62.7M | 2.06% |
| 11 | Vanguard Information Technology ETF | 92204A702 | 82,300 | $61.4M | 2.02% |
| 12 | Travelers Companies, Inc. | TRV | 215,208 | $60.1M | 1.98% |
| 13 | Meta Platforms Inc Class A | META | 73,470 | $54.0M | 1.77% |
| 14 | SPDR S&P 500 ETF Trust | SPY | 75,170 | $50.1M | 1.65% |
| 15 | Amazon.com, Inc. | AMZN | 225,500 | $49.5M | 1.63% |
| 16 | Alphabet Inc. Class C | GOOG | 158,760 | $38.7M | 1.27% |
| 17 | Invesco S&P Smallcap 600 Pure Value ETF | IVZ | 306,488 | $36.2M | 1.19% |
| 18 | Merck & Co., Inc. | MRK | 410,682 | $34.5M | 1.13% |
| 19 | Mastercard Incorporated Class A | MA | 59,876 | $34.1M | 1.12% |
| 20 | Waste Management, Inc. | 94106L109 | 149,216 | $33.0M | 1.08% |
| 21 | Home Depot, Inc. | HD | 75,320 | $30.5M | 1.00% |
| 22 | McDonald's Corporation | MCD | 96,001 | $29.2M | 0.96% |
| 23 | Allstate Corporation | ALL-PJ | 126,941 | $27.2M | 0.90% |
| 24 | PepsiCo, Inc. | PEP | 193,425 | $27.2M | 0.89% |
| 25 | American Electric Power Company, Inc. | 025537101 | 217,000 | $24.4M | 0.80% |
| 26 | Broadcom Inc. | AVGO | 70,131 | $23.1M | 0.76% |
| 27 | MetLife, Inc. | MET-PF | 280,471 | $23.1M | 0.76% |
| 28 | AbbVie, Inc. | ABBV | 98,285 | $22.8M | 0.75% |
| 29 | RTX Corporation | RTX | 134,190 | $22.5M | 0.74% |
| 30 | Union Pacific Corporation | UNP | 93,348 | $22.1M | 0.73% |
| 31 | Cisco Systems, Inc. | CSCO | 314,568 | $21.5M | 0.71% |
| 32 | Netflix, Inc. | NFLX | 16,761 | $20.1M | 0.66% |
| 33 | UnitedHealth Group Incorporated | UNH | 57,323 | $19.8M | 0.65% |
| 34 | T-Mobile US, Inc. | TMUSZ | 76,760 | $18.4M | 0.60% |
| 35 | Acadian Asset Management Inc. | AAMI | 370,108 | $17.8M | 0.59% |
| 36 | Kimberly-Clark Corporation | KMB | 131,859 | $16.4M | 0.54% |
| 37 | Eversource Energy | ES | 226,152 | $16.1M | 0.53% |
| 38 | Yum! Brands, Inc. | YUM | 99,234 | $15.1M | 0.50% |
| 39 | Sun Life Financial Inc. | SUNFF | 250,808 | $15.1M | 0.50% |
| 40 | Altria Group, Inc. | MO | 212,638 | $14.0M | 0.46% |
| 41 | Lam Research Corporation | LRCX | 104,381 | $14.0M | 0.46% |
| 42 | Verizon Communications Inc. | VZ | 308,920 | $13.6M | 0.45% |
| 43 | Financial Select Sector SPDR Fund | 81369Y605 | 248,410 | $13.4M | 0.44% |
| 44 | Bristol-Myers Squibb Company | CELG-RI | 296,292 | $13.4M | 0.44% |
| 45 | Tesla, Inc. | TSLA | 27,229 | $12.1M | 0.40% |
| 46 | JPMorgan Chase & Co. | VYLD | 36,804 | $11.6M | 0.38% |
| 47 | Avery Dennison Corporation | AVY | 70,644 | $11.5M | 0.38% |
| 48 | Coca-Cola Company | KO | 172,300 | $11.4M | 0.38% |
| 49 | Pfizer Inc. | PFE | 424,515 | $10.8M | 0.36% |
| 50 | Truist Financial Corporation | 89832Q109 | 233,937 | $10.7M | 0.35% |
| 51 | Target Corporation | TGT | 114,786 | $10.3M | 0.34% |
| 52 | iShares Russell 2000 ETF | 464287655 | 40,006 | $9.7M | 0.32% |
| 53 | Advanced Micro Devices, Inc. | AMD | 54,613 | $8.8M | 0.29% |
| 54 | Unilever PLC Sponsored ADR | UNLYF | 147,881 | $8.8M | 0.29% |
| 55 | SLM Corp | SLMBP | 277,906 | $7.7M | 0.25% |
| 56 | SPDR Portfolio S&P 500 Growth ETF | 78464A409 | 70,000 | $7.3M | 0.24% |
| 57 | Intel Corporation | INTC | 215,388 | $7.2M | 0.24% |
| 58 | iShares Core U.S. Aggregate Bond ETF | 464287226 | 72,000 | $7.2M | 0.24% |
| 59 | Edison International | 281020107 | 130,188 | $7.2M | 0.24% |
| 60 | SPDR Portfolio S&P 500 High Dividend ETF | 78468R788 | 147,601 | $6.5M | 0.21% |
| 61 | Microchip Technology Incorporated | MCHPP | 79,000 | $5.1M | 0.17% |
| 62 | Walmart Inc. | WMT | 44,100 | $4.5M | 0.15% |
| 63 | Royal Caribbean Group | V7780T103 | 13,214 | $4.3M | 0.14% |
| 64 | Leidos Holdings, Inc. | LDOS | 21,781 | $4.1M | 0.14% |
| 65 | QUALCOMM Incorporated | QCOM | 22,342 | $3.7M | 0.12% |
| 66 | Salesforce, Inc. | CRM | 15,624 | $3.7M | 0.12% |
| 67 | Bank of America Corp | 060505104 | 67,508 | $3.5M | 0.11% |
| 68 | Arista Networks, Inc. | ANET | 23,296 | $3.4M | 0.11% |
| 69 | Pitney Bowes Inc. | PBI-PB | 275,000 | $3.1M | 0.10% |
| 70 | Visa Inc. Class A | V | 8,673 | $3.0M | 0.10% |
| 71 | Franklin Resources, Inc. | BEN | 126,200 | $2.9M | 0.10% |
| 72 | O'Reilly Automotive, Inc. | 67103H107 | 27,000 | $2.9M | 0.10% |
| 73 | Invesco Ltd. | IVZ | 126,193 | $2.9M | 0.10% |
| 74 | Adobe Inc. | ADBE | 8,120 | $2.9M | 0.09% |
| 75 | Southern Company | SOMN | 30,000 | $2.8M | 0.09% |
| 76 | Medtronic Plc | MDT | 29,701 | $2.8M | 0.09% |
| 77 | Morgan Stanley | MS-PQ | 17,326 | $2.8M | 0.09% |
| 78 | Public Storage | PSA-PS | 9,030 | $2.6M | 0.09% |
| 79 | Goldman Sachs Group, Inc. | GSCE | 3,194 | $2.5M | 0.08% |
| 80 | Chevron Corporation | CVX | 14,854 | $2.3M | 0.08% |
| 81 | Boeing Company | BA-PA | 10,038 | $2.2M | 0.07% |
| 82 | Boston Scientific Corporation | BSX | 21,760 | $2.1M | 0.07% |
| 83 | Freeport-McMoRan, Inc. | FCX | 53,157 | $2.1M | 0.07% |
| 84 | CBRE Group, Inc. Class A | CBRE | 13,223 | $2.1M | 0.07% |
| 85 | Western Digital Corporation | WDC | 16,000 | $1.9M | 0.06% |
| 86 | Invesco QQQ Trust Series I | IVZ | 3,130 | $1.9M | 0.06% |
| 87 | PulteGroup, Inc. | 745867101 | 13,088 | $1.7M | 0.06% |
| 88 | Diamondback Energy, Inc. | FANG | 12,013 | $1.7M | 0.06% |
| 89 | V.F. Corporation | VFC | 116,777 | $1.7M | 0.06% |
| 90 | HSBC Holdings PLC Sponsored ADR | HBCYF | 23,000 | $1.6M | 0.05% |
| 91 | Marriott International, Inc. Class A | 571903202 | 6,143 | $1.6M | 0.05% |
| 92 | United Rentals, Inc. | URI | 1,674 | $1.6M | 0.05% |
| 93 | Brady Corporation Class A | BRC | 20,200 | $1.6M | 0.05% |
| 94 | Carrier Global Corp. | CARR | 25,789 | $1.5M | 0.05% |
| 95 | HP Inc. | HPQ | 53,000 | $1.4M | 0.05% |
| 96 | Otis Worldwide Corporation | OTIS | 14,610 | $1.3M | 0.04% |
| 97 | GE Aerospace | 369604301 | 4,243 | $1.3M | 0.04% |
| 98 | Kroger Co. | KR | 18,830 | $1.3M | 0.04% |
| 99 | Alibaba Group Holding Limited Sponsored ADR | BBAAY | 7,100 | $1.3M | 0.04% |
| 100 | Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR | 874039100 | 4,400 | $1.2M | 0.04% |
| 101 | Marathon Petroleum Corporation | MARA | 6,315 | $1.2M | 0.04% |
| 102 | Samsung Electronics Co., Ltd. Sponsored GDR | 796050888 | 800 | $1.2M | 0.04% |
| 103 | Teradyne, Inc. | TER | 8,500 | $1.2M | 0.04% |
| 104 | APA Corporation | APA | 48,003 | $1.2M | 0.04% |
| 105 | Baker Hughes Company Class A | BKR | 23,912 | $1.2M | 0.04% |
| 106 | ServiceNow, Inc. | NOW | 1,247 | $1.1M | 0.04% |
| 107 | KLA Corporation | KLAC | 1,061 | $1.1M | 0.04% |
| 108 | Northrop Grumman Corp. | NOC | 1,700 | $1.0M | 0.03% |
| 109 | Quanta Services, Inc. | 74762E102 | 2,493 | $1.0M | 0.03% |
| 110 | MGM Resorts International | MGM | 29,270 | $1.0M | 0.03% |
| 111 | Synopsys, Inc. | SNPS | 2,053 | $1.0M | 0.03% |
| 112 | Raymond James Financial, Inc. | 754730109 | 5,700 | $983,820 | 0.03% |
| 113 | Ford Motor Company | 345370860 | 79,942 | $956,106 | 0.03% |
| 114 | Cadence Design Systems, Inc. | CDNS | 2,498 | $877,448 | 0.03% |
| 115 | FirstCash Holdings, Inc. | FCFS | 5,500 | $871,310 | 0.03% |
| 116 | Fortinet, Inc. | FTNT | 10,360 | $871,069 | 0.03% |
| 117 | Copart, Inc. | CPRT | 18,972 | $853,171 | 0.03% |
| 118 | Parker-Hannifin Corporation | PH | 1,120 | $849,128 | 0.03% |
| 119 | Chipotle Mexican Grill, Inc. | CMG | 21,600 | $846,504 | 0.03% |
| 120 | Lincoln National Corp | 534187109 | 20,738 | $836,364 | 0.03% |
| 121 | Toll Brothers, Inc. | TOL | 5,900 | $815,026 | 0.03% |
| 122 | Regions Financial Corporation | RF-PF | 29,615 | $780,948 | 0.03% |
| 123 | Newmont Corporation | NEMCL | 8,855 | $746,565 | 0.02% |
| 124 | Schlumberger Limited | SLB | 21,425 | $736,377 | 0.02% |
| 125 | News Corporation Class A | NWSLL | 23,740 | $729,055 | 0.02% |
| 126 | McKesson Corporation | MCK | 900 | $695,286 | 0.02% |
| 127 | eBay Inc. | EBAY | 7,580 | $689,401 | 0.02% |
| 128 | Exxon Mobil Corporation | XOM | 6,040 | $681,010 | 0.02% |
| 129 | Berkshire Hathaway Inc. Class B | BRK-A | 1,346 | $676,688 | 0.02% |
| 130 | SPDR S&P Dividend ETF | 78464A763 | 4,800 | $672,240 | 0.02% |
| 131 | Ameris Bancorp | ABCB | 9,100 | $667,121 | 0.02% |
| 132 | ACI Worldwide, Inc. | ACIW | 12,600 | $664,902 | 0.02% |
| 133 | Align Technology, Inc. | ALGN | 5,266 | $659,409 | 0.02% |
| 134 | ORIX Corporation Sponsored ADR | ORXCF | 24,810 | $648,037 | 0.02% |
| 135 | Hilton Worldwide Holdings Inc. | HLT | 2,438 | $632,515 | 0.02% |
| 136 | PayPal Holdings, Inc. | PYPL | 9,171 | $615,007 | 0.02% |
| 137 | Sprouts Farmers Market, Inc. | 85208M102 | 5,575 | $606,560 | 0.02% |
| 138 | Tecnoglass Inc. | TGLS | 8,800 | $588,808 | 0.02% |
| 139 | International Business Machines Corporation | INTR | 2,040 | $575,606 | 0.02% |
| 140 | Allison Transmission Holdings, Inc. | ALSN | 6,600 | $560,208 | 0.02% |
| 141 | Alamo Group Inc. | ALG | 2,900 | $553,610 | 0.02% |
| 142 | Vanguard FTSE Emerging Markets ETF | 922042858 | 10,115 | $548,031 | 0.02% |
| 143 | Walt Disney Company | 254687106 | 4,731 | $541,700 | 0.02% |
| 144 | iShares MSCI Emerging Markets ETF | 464287234 | 10,018 | $534,961 | 0.02% |
| 145 | OPENLANE, Inc. | OPLN | 18,200 | $523,796 | 0.02% |
| 146 | Viatris, Inc. | VTRS | 52,731 | $522,037 | 0.02% |
| 147 | Gen Digital Inc. | GENVR | 17,776 | $504,661 | 0.02% |
| 148 | Corteva Inc | CTVA | 7,400 | $500,462 | 0.02% |
| 149 | Etsy, Inc. | ETSY | 7,528 | $499,784 | 0.02% |
| 150 | United Airlines Holdings, Inc. | UNTCW | 5,047 | $487,036 | 0.02% |
| 151 | Fabrinet | FN | 1,300 | $474,006 | 0.02% |
| 152 | Capital One Financial Corp | 14040H105 | 2,181 | $463,637 | 0.02% |
| 153 | Webster Financial Corporation | 947890109 | 7,792 | $463,157 | 0.02% |
| 154 | Intuitive Surgical, Inc. | ISRG | 1,029 | $460,200 | 0.02% |
| 155 | Lennar Corporation Class A | LEN-B | 3,639 | $458,660 | 0.02% |
| 156 | Cigna Group | 125523100 | 1,581 | $455,723 | 0.01% |
| 157 | Nucor Corporation | NUE | 3,320 | $449,628 | 0.01% |
| 158 | Carpenter Technology Corporation | CRS | 1,800 | $441,972 | 0.01% |
| 159 | State Street Corporation | STT-PG | 3,798 | $440,606 | 0.01% |
| 160 | Stride, Inc. | LRN | 2,950 | $439,373 | 0.01% |
| 161 | Organon & Co. | OGN | 41,067 | $438,596 | 0.01% |
| 162 | Douglas Dynamics, Inc. | PLOW | 14,000 | $437,640 | 0.01% |
| 163 | ConocoPhillips | COP | 4,610 | $436,060 | 0.01% |
| 164 | Citigroup Inc. | C-PR | 4,238 | $430,157 | 0.01% |
| 165 | SK Telecom Co., Ltd. Sponsored ADR | SKM | 19,900 | $429,840 | 0.01% |
| 166 | Johnson Controls International plc | G51502105 | 3,909 | $429,795 | 0.01% |
| 167 | Celanese Corporation | CE | 10,000 | $420,800 | 0.01% |
| 168 | Coeur Mining, Inc. | 192108504 | 22,300 | $418,348 | 0.01% |
| 169 | Micron Technology, Inc. | MU | 2,461 | $411,775 | 0.01% |
| 170 | Electronic Arts Inc. | EA | 2,020 | $407,434 | 0.01% |
| 171 | Mosaic Company | MOS | 11,633 | $403,432 | 0.01% |
| 172 | News Corporation Class B | NWSLL | 11,500 | $397,325 | 0.01% |
| 173 | Expedia Group, Inc. | EXPE | 1,837 | $392,659 | 0.01% |
| 174 | Harmony Gold Mining Co. Ltd. Sponsored ADR | HGMCF | 21,600 | $392,040 | 0.01% |
| 175 | Urban Outfitters, Inc. | URBN | 5,400 | $385,722 | 0.01% |
| 176 | Amdocs Limited | DOX | 4,700 | $385,635 | 0.01% |
| 177 | Analog Devices, Inc. | ADI | 1,567 | $385,012 | 0.01% |
| 178 | KKR & Co Inc | KKRT | 2,860 | $371,657 | 0.01% |
| 179 | REV Group, Inc. | 749527107 | 6,500 | $368,355 | 0.01% |
| 180 | Cheesecake Factory Incorporated | CAKE | 6,700 | $366,088 | 0.01% |
| 181 | iShares Core S&P 500 ETF | 464287200 | 544 | $364,099 | 0.01% |
| 182 | General Motors Company | 37045V100 | 5,830 | $355,455 | 0.01% |
| 183 | Devon Energy Corporation | 25179M103 | 9,918 | $347,725 | 0.01% |
| 184 | Great Lakes Dredge & Dock Corporation | GLDD | 28,600 | $342,914 | 0.01% |
| 185 | ICICI Bank Limited Sponsored ADR | IBN | 11,300 | $341,599 | 0.01% |
| 186 | Halliburton Company | HAL | 13,816 | $339,874 | 0.01% |
| 187 | American Tower Corporation | 03027X100 | 1,764 | $339,253 | 0.01% |
| 188 | Thermo Fisher Scientific Inc. | TMO | 696 | $337,574 | 0.01% |
| 189 | Insight Enterprises, Inc. | NSIT | 2,950 | $334,560 | 0.01% |
| 190 | Modine Manufacturing Company | 607828100 | 2,300 | $326,968 | 0.01% |
| 191 | HCA Healthcare Inc | HCA | 738 | $314,536 | 0.01% |
| 192 | Norwegian Cruise Line Holdings Ltd. | NCLH | 12,708 | $312,998 | 0.01% |
| 193 | Progressive Corporation | 743315103 | 1,257 | $310,416 | 0.01% |
| 194 | Elevance Health, Inc. | ELV | 947 | $305,995 | 0.01% |
| 195 | Live Nation Entertainment, Inc. | LYV | 1,847 | $301,800 | 0.01% |
| 196 | KB Financial Group Inc. Sponsored ADR | 48241A105 | 3,600 | $298,476 | 0.01% |
| 197 | Ingersoll Rand Inc. | IR | 3,562 | $294,292 | 0.01% |
| 198 | Credo Technology Group Holding Ltd. | CRDO | 2,000 | $291,220 | 0.01% |
| 199 | Bancorp Inc | TBBK | 3,800 | $284,582 | 0.01% |
| 200 | TechnipFMC plc | FTI | 7,162 | $282,541 | 0.01% |
| 201 | KeyCorp | 493267108 | 14,601 | $272,893 | 0.01% |
| 202 | BlackRock, Inc. | BLK | 230 | $268,150 | 0.01% |
| 203 | Linde plc | LIN | 564 | $267,900 | 0.01% |
| 204 | Bath & Body Works, Inc. | BBWI | 10,370 | $267,131 | 0.01% |
| 205 | PVH Corp. | PVH | 3,169 | $265,467 | 0.01% |
| 206 | Darden Restaurants, Inc. | DRI | 1,380 | $262,697 | 0.01% |
| 207 | Newell Brands Inc | NWL | 50,000 | $262,000 | 0.01% |
| 208 | LPL Financial Holdings Inc. | 50212V100 | 760 | $252,844 | 0.01% |
| 209 | Danaher Corporation | 235851102 | 1,205 | $238,903 | 0.01% |
| 210 | Paycom Software, Inc. | PAYC | 1,137 | $236,655 | 0.01% |
| 211 | Santander Bank Polska SA Unsponsored ADR | 80280M104 | 9,000 | $234,585 | 0.01% |
| 212 | Palomar Holdings, Inc. | PLMR | 2,000 | $233,500 | 0.01% |
| 213 | Synchrony Financial | SYF-PB | 3,258 | $231,481 | 0.01% |
| 214 | Lowe's Companies, Inc. | 548661107 | 903 | $226,933 | 0.01% |
| 215 | S&P Global, Inc. | SPGI | 452 | $219,993 | 0.01% |
| 216 | Brinker International, Inc. | 109641100 | 1,700 | $215,356 | 0.01% |
| 217 | DXC Technology Co. | DXC | 15,578 | $212,328 | 0.01% |
| 218 | Edwards Lifesciences Corporation | EW | 2,670 | $207,646 | 0.01% |
| 219 | Life Time Group Holdings, Inc. | LTH | 7,500 | $207,000 | 0.01% |
| 220 | Citizens Financial Group, Inc. | CIA | 3,860 | $205,198 | 0.01% |
| 221 | Metropolitan Bank Holding Corp. | 591774104 | 2,700 | $202,014 | 0.01% |
| 222 | Carnival Corporation | CUKPF | 6,934 | $200,462 | 0.01% |
| 223 | Paramount Skydance Corporation Class B | PSKY | 10,428 | $197,298 | 0.01% |
| 224 | Goodyear Tire & Rubber Company | 382550101 | 24,200 | $181,016 | 0.01% |
| 225 | Immersion Corporation | IMMR | 24,400 | $179,096 | 0.01% |
| 226 | Companhia Energetica de Minas Gerais SA Sponsored ADR | 204409882 | 18,200 | $49,686 | 0.00% |
| 227 | Big Lots, Inc. | 089302103 | 46,600 | $14 | 0.00% |