Q1 2025 · 13F-HR
ZEGA Investments, LLCholdings as filed
Filed 2025-05-14 · accession 0001172661-25-001796
$655.9M
Reported value
136
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $113.2M | 17.3% | 202,400 | CALL | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $111.4M | 17.0% | 199,200 | PUT | NONE |
| 037833100 | AAPL | APPLE INC | $56.3M | 8.59% | 253,565 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $31.0M | 4.73% | 55,447 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $30.4M | 4.64% | 137,000 | CALL | NONE |
| 78467V608 | SRLN | SSGA ACTIVE ETF TR | $24.9M | 3.79% | 605,136 | Common | NONE |
| 78468R408 | SJNK | SPDR SER TR | $21.2M | 3.23% | 841,597 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $16.2M | 2.47% | 85,015 | Common | NONE |
| 886364660 | ZHDG | TIDAL ETF TR | $14.9M | 2.27% | 768,862 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $12.9M | 1.97% | 58,200 | PUT | NONE |
| 023135106 | AMZN | AMAZON COM INC | $10.8M | 1.65% | 57,000 | CALL | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $10.5M | 1.61% | 28,098 | Common | NONE |
| 78470P846 | HYBL | SSGA ACTIVE TR | $9.7M | 1.48% | 346,103 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $8.4M | 1.28% | 70,809 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $7.8M | 1.20% | 72,405 | Common | NONE |
| 001055102 | AFL | AFLAC INC | $7.1M | 1.08% | 64,000 | Common | NONE |
| 46641Q332 | JEPI | J P MORGAN EXCHANGE TRADED F | $5.7M | 0.87% | 99,974 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $5.6M | 0.85% | 11,900 | CALL | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $5.4M | 0.82% | 34,700 | CALL | NONE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $5.3M | 0.80% | 10,070 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $5.2M | 0.80% | 44,000 | CALL | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $5.0M | 0.76% | 10,600 | PUT | NONE |
| 88160R101 | TSLA | TESLA INC | $4.8M | 0.73% | 18,415 | Common | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $4.7M | 0.71% | 4,940 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $4.2M | 0.64% | 26,684 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $4.1M | 0.62% | 10,800 | CALL | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $4.0M | 0.61% | 36,700 | CALL | NONE |
| 92826C839 | V | VISA INC | $3.6M | 0.55% | 10,331 | Common | NONE |
| 46641Q837 | JPST | J P MORGAN EXCHANGE TRADED F | $3.4M | 0.52% | 66,891 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $3.3M | 0.51% | 15,837 | Common | NONE |
| 46090A887 | GSY | INVESCO ACTIVELY MANAGED EXC | $3.2M | 0.49% | 64,440 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $3.1M | 0.47% | 5,349 | Common | NONE |
| 33739Q408 | FTSM | FIRST TR EXCHANGE-TRADED FD | $2.9M | 0.45% | 48,805 | Common | NONE |
| 69344A107 | PULS | PGIM ETF TR | $2.8M | 0.43% | 57,037 | Common | NONE |
| 88636J659 | YMAX | TIDAL TR II | $2.6M | 0.40% | 194,719 | Common | NONE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $2.4M | 0.37% | 16,775 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $2.4M | 0.37% | 15,838 | Common | NONE |
| 88636J568 | SPYT | TIDAL TR II | $2.3M | 0.35% | 129,937 | Common | NONE |
| 46654Q203 | JEPQ | J P MORGAN EXCHANGE TRADED F | $2.2M | 0.34% | 43,414 | Common | NONE |
| 886364280 | THTA | TIDAL ETF TR | $2.1M | 0.32% | 111,479 | Common | NONE |
| 58155Q103 | MCK | MCKESSON CORP | $2.1M | 0.32% | 3,095 | Common | NONE |
| 931142103 | WMT | WALMART INC | $2.0M | 0.30% | 22,415 | Common | NONE |
| 25278X109 | FANG | DIAMONDBACK ENERGY INC | $1.9M | 0.29% | 11,821 | Common | NONE |
| 78463V107 | GLD | SPDR GOLD TR | $1.8M | 0.28% | 6,399 | Common | NONE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $1.8M | 0.28% | 10,766 | Common | NONE |
| 81369Y704 | XLI | SELECT SECTOR SPDR TR | $1.8M | 0.28% | 13,902 | Common | NONE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $1.8M | 0.27% | 10,400 | CALL | NONE |
| 69374H881 | COWZ | PACER FDS TR | $1.7M | 0.27% | 31,917 | Common | NONE |
| 461202103 | INTU | INTUIT | $1.7M | 0.26% | 2,811 | Common | NONE |
| 040413205 | ANET | ARISTA NETWORKS INC | $1.7M | 0.26% | 21,931 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $1.7M | 0.26% | 2,988 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $1.7M | 0.25% | 6,789 | Common | NONE |
| 808524409 | SCHV | SCHWAB STRATEGIC TR | $1.7M | 0.25% | 62,582 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $1.6M | 0.25% | 3,481 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $1.6M | 0.25% | 3,049 | Common | NONE |
| 893641100 | TDG | TRANSDIGM GROUP INC | $1.5M | 0.23% | 1,108 | Common | NONE |
| 46120E602 | ISRG | INTUITIVE SURGICAL INC | $1.5M | 0.23% | 3,031 | Common | NONE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $1.4M | 0.22% | 19,715 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $1.4M | 0.22% | 1,712 | Common | NONE |
| 902973304 | USB | US BANCORP DEL | $1.4M | 0.21% | 33,193 | Common | NONE |
| 902973304 | USB | US BANCORP DEL | $1.4M | 0.21% | 32,600 | CALL | NONE |
| 74347R107 | SSO | PROSHARES TR | $1.3M | 0.20% | 15,718 | Common | NONE |
| 64110L106 | NFLX | NETFLIX INC | $1.3M | 0.19% | 1,370 | Common | NONE |
| 464288257 | ACWI | ISHARES TR | $1.3M | 0.19% | 10,900 | CALL | NONE |
| 464288257 | ACWI | ISHARES TR | $1.3M | 0.19% | 10,900 | PUT | NONE |
| 78467V707 | ULST | SSGA ACTIVE ETF TR | $1.2M | 0.19% | 30,747 | Common | NONE |
| 191216100 | KO | COCA COLA CO | $1.2M | 0.19% | 17,095 | Common | NONE |
| 37954Y293 | MLPX | GLOBAL X FDS | $1.2M | 0.19% | 19,146 | Common | NONE |
| 381430230 | GSST | GOLDMAN SACHS ETF TR | $1.2M | 0.18% | 23,849 | Common | NONE |
| 863667101 | SYK | STRYKER CORPORATION | $1.2M | 0.18% | 3,220 | Common | NONE |
| 78468R788 | SPYD | SPDR SER TR | $1.2M | 0.18% | 26,688 | Common | NONE |
| 46434V878 | ICSH | ISHARES TR | $1.2M | 0.18% | 23,083 | Common | NONE |
| 808524797 | SCHD | SCHWAB STRATEGIC TR | $1.1M | 0.17% | 38,732 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $1.1M | 0.16% | 6,505 | Common | NONE |
| 855244109 | SBUX | STARBUCKS CORP | $1.1M | 0.16% | 10,984 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $1.1M | 0.16% | 2,873 | Common | NONE |
| 693718108 | PCAR | PACCAR INC | $1.0M | 0.16% | 10,500 | Common | NONE |
| 855244109 | SBUX | STARBUCKS CORP | $1.0M | 0.15% | 10,300 | CALL | NONE |
| 09661T859 | BKUI | BNY MELLON ETF TRUST | $972,655 | 0.15% | 19,504 | Common | NONE |
| 040413205 | ANET | ARISTA NETWORKS INC | $906,516 | 0.14% | 11,700 | CALL | NONE |
| 00724F101 | ADBE | ADOBE INC | $810,782 | 0.12% | 2,114 | Common | NONE |
| 315948109 | FBTC | FIDELITY WISE ORIGIN BITCOIN | $808,231 | 0.12% | 11,230 | Common | NONE |
| 78468R663 | BIL | SPDR SER TR | $765,971 | 0.12% | 8,350 | Common | NONE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $765,697 | 0.12% | 4,493 | Common | NONE |
| 922908736 | VUG | VANGUARD INDEX FDS | $726,720 | 0.11% | 1,960 | Common | NONE |
| 464287150 | ITOT | ISHARES TR | $696,628 | 0.11% | 5,710 | Common | NONE |
| 149123101 | CAT | CATERPILLAR INC | $688,293 | 0.10% | 2,087 | Common | NONE |
| 375558103 | GILD | GILEAD SCIENCES INC | $684,272 | 0.10% | 6,107 | Common | NONE |
| 88636J576 | QQQT | TIDAL TR II | $679,878 | 0.10% | 40,883 | Common | NONE |
| 78464A854 | SPYM | SPDR SER TR | $643,565 | 0.10% | 9,787 | Common | NONE |
| 78467X109 | DIA | SPDR DOW JONES INDL AVERAGE | $602,108 | 0.09% | 1,434 | Common | NONE |
| 501044101 | KR | KROGER CO | $596,275 | 0.09% | 8,809 | Common | NONE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $583,710 | 0.09% | 6,916 | Common | NONE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $573,717 | 0.09% | 16,805 | Common | NONE |
| 11135F101 | AVGO | BROADCOM INC | $557,451 | 0.08% | 3,329 | Common | NONE |
| 46641Q845 | JPSE | J P MORGAN EXCHANGE TRADED F | $498,975 | 0.08% | 11,447 | Common | NONE |
| 81762P102 | NOW | SERVICENOW INC | $495,199 | 0.08% | 622 | Common | NONE |
| 594972408 | MSTR | MICROSTRATEGY INC | $467,574 | 0.07% | 1,622 | Common | NONE |
| 166764100 | CVX | CHEVRON CORP NEW | $464,099 | 0.07% | 2,774 | Common | NONE |
| 002824100 | ABT | ABBOTT LABS | $460,959 | 0.07% | 3,475 | Common | NONE |
| 46090F100 | PDBC | INVESCO ACTVELY MNGD ETC FD | $450,349 | 0.07% | 33,041 | Common | NONE |
| 571903202 | MAR | MARRIOTT INTL INC NEW | $408,147 | 0.06% | 1,713 | Common | SOLE |
| 132061201 | SYLD | CAMBRIA ETF TR | $407,528 | 0.06% | 6,388 | Common | NONE |
| 88636R560 | SDTY | TIDAL TR II | $360,778 | 0.06% | 7,966 | Common | NONE |
| 438516106 | HON | HONEYWELL INTL INC | $359,552 | 0.05% | 1,698 | Common | NONE |
| 88636R818 | SOXY | TIDAL TR II | $350,338 | 0.05% | 8,203 | Common | NONE |
| 88636J162 | GIAX | TIDAL TR II | $335,863 | 0.05% | 20,479 | Common | NONE |
| 25459W102 | TECL | DIREXION SHS ETF TR | $310,368 | 0.05% | 5,300 | Common | NONE |
| 97717Y527 | USFR | WISDOMTREE TR | $310,335 | 0.05% | 6,166 | Common | NONE |
| 833445109 | SNOW | SNOWFLAKE INC | $298,459 | 0.05% | 2,042 | Common | NONE |
| 88636J451 | YQQQ | TIDAL TR II | $295,626 | 0.05% | 16,702 | Common | NONE |
| 81369Y605 | XLF | SELECT SECTOR SPDR TR | $290,293 | 0.04% | 5,828 | Common | NONE |
| 921910873 | MGC | VANGUARD WORLD FD | $288,376 | 0.04% | 1,432 | Common | NONE |
| 88634T493 | — | TIDAL TR II | $259,919 | 0.04% | 12,785 | Common | NONE |
| 53656G357 | YFYA | LISTED FD TR | $256,739 | 0.04% | 25,790 | Common | NONE |
| 88634T782 | NFLY | TIDAL TR II | $249,774 | 0.04% | 14,912 | Common | NONE |
| 464287655 | IWM | ISHARES TR | $244,176 | 0.04% | 1,224 | Common | NONE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $241,428 | 0.04% | 2,195 | Common | NONE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $241,167 | 0.04% | 440 | Common | NONE |
| 97717W125 | WTMF | WISDOMTREE TR | $236,794 | 0.04% | 6,938 | Common | NONE |
| 780259305 | SHEL | SHELL PLC | $231,764 | 0.04% | 3,163 | Common | NONE |
| 316092840 | FDVV | FIDELITY COVINGTON TRUST | $218,587 | 0.03% | 4,407 | Common | NONE |
| 922908553 | VNQ | VANGUARD INDEX FDS | $213,389 | 0.03% | 2,357 | Common | NONE |
| 88634T535 | FIAX | TIDAL TR II | $212,093 | 0.03% | 11,489 | Common | NONE |
| 78464A672 | SPTI | SPDR SER TR | $211,715 | 0.03% | 7,408 | Common | NONE |
| 78464A508 | SPYV | SPDR SER TR | $209,081 | 0.03% | 4,094 | Common | NONE |
| 88634T436 | JPO | TIDAL TR II | $207,174 | 0.03% | 12,656 | Common | NONE |
| 88634T881 | GDXY | TIDAL TR II | $206,536 | 0.03% | 12,868 | Common | NONE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $203,951 | 0.03% | 4,357 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $203,508 | 0.03% | 396 | Common | NONE |
| 88634T774 | NVDY | TIDAL TR II | $170,889 | 0.03% | 11,111 | Common | NONE |
| 88634T857 | APLY | TIDAL TR II | $169,563 | 0.03% | 11,229 | Common | NONE |
| 88636J444 | — | TIDAL TR II | $169,203 | 0.03% | 20,534 | Common | NONE |
| 88636J527 | — | TIDAL TR II | $90,431 | 0.01% | 14,947 | Common | NONE |
| 192108504 | CDE | COEUR MNG INC | $59,792 | 0.01% | 10,100 | Common | NONE |
| 38068T105 | GORO | GOLD RESOURCE CORP | $19,165 | 0.00% | 37,600 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.