Filed: 10/27/2025ACC: 0001172661-25-004437
📋 What this filing means
ZEGA INVESTMENTS, LLC filed this quarterly 13F‑HR report disclosing 139 equity positions with a total reported market value of $747.21M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
139
Positions
$747.21M
Total AUM (reported)
6.26M
Total Shares
Allocation by class
COM$335.72M44.9%
TR UNIT$234.20M31.3%
SPDR BLACKSTONE$36.66M4.9%
ZEGA BUY AND HED$17.70M2.4%
BLOOMBERG SHT TE$15.37M2.1%
BLACKSTONE SENR$14.85M2.0%
UNIT SER 1$12.78M1.7%
Portfolio Concentration
Top 3$385.40M51.6%
4–10$151.60M20.3%
11–25$104.31M14.0%
Rest$105.90M14.2%
Top 3 weight
51.6%
Top 10 weight
71.9%
Voting Authority Distribution
Total shares with voting rights: 6.26M
Sole
Full voting authority
3.60K
shares
% of voting shares0.1%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
6.26M
shares
% of voting shares99.9%
Investment Discretion (by position count)
Sole139
Shared0
Other0
Dominant voting typeNone · 99.9% of voting shares
Institutional Holdings139
Rows:
SPDR S&P 500 ETF TR
SOLEShares351.56K
TypeSH
Market value$234.20M
31.34%
Sole
0.00
Shared
0.00
None
351.56K
APPLE INC
SOLEShares449.83K
TypeSH
Market value$114.54M
15.33%
Sole
0.00
Shared
0.00
None
449.83K
SSGA ACTIVE TR
SOLEShares1.28M
TypeSH
Market value$36.66M
4.91%
Sole
0.00
Shared
0.00
None
1.28M
NVIDIA CORPORATION
SOLEShares175.55K
TypeSH
Market value$32.75M
4.38%
Sole
0.00
Shared
0.00
None
175.55K
AMAZON COM INC
SOLEShares146.54K
TypeSH
Market value$32.18M
4.31%
Sole
0.00
Shared
0.00
None
146.54K
MICROSOFT CORP
SOLEShares45.08K
TypeSH
Market value$23.35M
3.12%
Sole
0.00
Shared
0.00
None
45.08K
TIDAL TRUST I
SOLEShares778.90K
TypeSH
Market value$17.70M
2.37%
Sole
0.00
Shared
0.00
None
778.90K
EXXON MOBIL CORP
SOLEShares136.54K
TypeSH
Market value$15.39M
2.06%
Sole
0.00
Shared
0.00
None
136.54K
SPDR SERIES TRUST
SOLEShares600.29K
TypeSH
Market value$15.37M
2.06%
Sole
0.00
Shared
0.00
None
600.29K
SSGA ACTIVE ETF TR
SOLEShares357.23K
TypeSH
Market value$14.85M
1.99%
Sole
0.00
Shared
0.00
None
357.23K
AFLAC INC
SOLEShares127.26K
TypeSH
Market value$14.21M
1.90%
Sole
0.00
Shared
0.00
None
127.26K
INVESCO QQQ TR
SOLEShares21.29K
TypeSH
Market value$12.78M
1.71%
Sole
0.00
Shared
0.00
None
21.29K
COSTCO WHSL CORP NEW
SOLEShares12.60K
TypeSH
Market value$11.67M
1.56%
Sole
0.00
Shared
0.00
None
12.60K
TESLA INC
SOLEShares23.48K
TypeSH
Market value$10.44M
1.40%
Sole
0.00
Shared
0.00
None
23.48K
ABBVIE INC
SOLEShares44.62K
TypeSH
Market value$10.33M
1.38%
Sole
0.00
Shared
0.00
None
44.62K
JPMORGAN CHASE & CO.
SOLEShares28.23K
TypeSH
Market value$8.91M
1.19%
Sole
0.00
Shared
0.00
None
28.23K
PALANTIR TECHNOLOGIES INC
SOLEShares29.52K
TypeSH
Market value$5.39M
0.72%
Sole
0.00
Shared
0.00
None
29.52K
ELI LILLY & CO
SOLEShares6.61K
TypeSH
Market value$5.04M
0.67%
Sole
0.00
Shared
0.00
None
6.61K
SPDR SERIES TRUST
SOLEShares45.80K
TypeSH
Market value$4.20M
0.56%
Sole
0.00
Shared
0.00
None
45.80K
WALMART INC
SOLEShares38.33K
TypeSH
Market value$3.95M
0.53%
Sole
0.00
Shared
0.00
None
38.33K
ALPHABET INC
SOLEShares15.40K
TypeSH
Market value$3.75M
0.50%
Sole
0.00
Shared
0.00
None
15.40K
UNITEDHEALTH GROUP INC
SOLEShares10.65K
TypeSH
Market value$3.68M
0.49%
Sole
0.00
Shared
0.00
None
10.65K
VISA INC
SOLEShares10.42K
TypeSH
Market value$3.56M
0.48%
Sole
0.00
Shared
0.00
None
10.42K
META PLATFORMS INC
SOLEShares4.41K
TypeSH
Market value$3.23M
0.43%
Sole
0.00
Shared
0.00
None
4.41K
ROBINHOOD MKTS INC
SOLEShares22.15K
TypeSH
Market value$3.17M
0.42%
Sole
0.00
Shared
0.00
None
22.15K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S&P 500 ETF TRSOLE | TR UNIT | 351.56K | SH | $234.20M 31.34% | 0.00 | 0.00 | 351.56K |
APPLE INCSOLE | COM | 449.83K | SH | $114.54M 15.33% | 0.00 | 0.00 | 449.83K |
SSGA ACTIVE TRSOLE | SPDR BLACKSTONE | 1.28M | SH | $36.66M 4.91% | 0.00 | 0.00 | 1.28M |
NVIDIA CORPORATIONSOLE | COM | 175.55K | SH | $32.75M 4.38% | 0.00 | 0.00 | 175.55K |
AMAZON COM INCSOLE | COM | 146.54K | SH | $32.18M 4.31% | 0.00 | 0.00 | 146.54K |
MICROSOFT CORPSOLE | COM | 45.08K | SH | $23.35M 3.12% | 0.00 | 0.00 | 45.08K |
TIDAL TRUST ISOLE | ZEGA BUY AND HED | 778.90K | SH | $17.70M 2.37% | 0.00 | 0.00 | 778.90K |
EXXON MOBIL CORPSOLE | COM | 136.54K | SH | $15.39M 2.06% | 0.00 | 0.00 | 136.54K |
SPDR SERIES TRUSTSOLE | BLOOMBERG SHT TE | 600.29K | SH | $15.37M 2.06% | 0.00 | 0.00 | 600.29K |
SSGA ACTIVE ETF TRSOLE | BLACKSTONE SENR | 357.23K | SH | $14.85M 1.99% | 0.00 | 0.00 | 357.23K |
AFLAC INCSOLE | COM | 127.26K | SH | $14.21M 1.90% | 0.00 | 0.00 | 127.26K |
INVESCO QQQ TRSOLE | UNIT SER 1 | 21.29K | SH | $12.78M 1.71% | 0.00 | 0.00 | 21.29K |
COSTCO WHSL CORP NEWSOLE | COM | 12.60K | SH | $11.67M 1.56% | 0.00 | 0.00 | 12.60K |
TESLA INCSOLE | COM | 23.48K | SH | $10.44M 1.40% | 0.00 | 0.00 | 23.48K |
ABBVIE INCSOLE | COM | 44.62K | SH | $10.33M 1.38% | 0.00 | 0.00 | 44.62K |
JPMORGAN CHASE & CO.SOLE | COM | 28.23K | SH | $8.91M 1.19% | 0.00 | 0.00 | 28.23K |
PALANTIR TECHNOLOGIES INCSOLE | CL A | 29.52K | SH | $5.39M 0.72% | 0.00 | 0.00 | 29.52K |
ELI LILLY & COSOLE | COM | 6.61K | SH | $5.04M 0.67% | 0.00 | 0.00 | 6.61K |
SPDR SERIES TRUSTSOLE | BLOOMBERG 1-3 MO | 45.80K | SH | $4.20M 0.56% | 0.00 | 0.00 | 45.80K |
WALMART INCSOLE | COM | 38.33K | SH | $3.95M 0.53% | 0.00 | 0.00 | 38.33K |
ALPHABET INCSOLE | CAP STK CL C | 15.40K | SH | $3.75M 0.50% | 0.00 | 0.00 | 15.40K |
UNITEDHEALTH GROUP INCSOLE | COM | 10.65K | SH | $3.68M 0.49% | 0.00 | 0.00 | 10.65K |
VISA INCSOLE | COM CL A | 10.42K | SH | $3.56M 0.48% | 0.00 | 0.00 | 10.42K |
META PLATFORMS INCSOLE | CL A | 4.41K | SH | $3.23M 0.43% | 0.00 | 0.00 | 4.41K |
ROBINHOOD MKTS INCSOLE | COM CL A | 22.15K | SH | $3.17M 0.42% | 0.00 | 0.00 | 22.15K |
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