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Portfolio (Quarterly) Guide ↗

ZEGA Investments, LLC

· CIK 0002045703
13F Portfolio $848M AUM 173 positions Filed Jan 27, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 173 New
Page 2 of 9  ·  173 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 LLY ELI LILLY & CO Healthcare 7,656.0 $8.2M 0.97% NEW $1074.63 +0.8%
22 AAPL PUT APPLE INC Technology 30,100.0 $8.2M 0.96% NEW $271.86 +14.3%
23 AFL AFLAC INC Financial Services 67,975.0 $7.5M 0.88% NEW $110.27 +4.2%
24 XOM CALL EXXON MOBIL CORP Energy 61,300.0 $7.4M 0.87% NEW $120.34 +24.5%
25 MSFT CALL MICROSOFT CORP Technology 14,300.0 $6.9M 0.81% NEW $483.62 -14.7%
26 AFL CALL AFLAC INC Financial Services 59,400.0 $6.6M 0.77% NEW $110.27 +4.2%
27 ABBV ABBVIE INC Healthcare 26,775.0 $6.1M 0.72% NEW $228.49 -5.7%
28 ABBV CALL ABBVIE INC Healthcare 25,000.0 $5.7M 0.67% NEW $228.49 -5.7%
29 NVDL GRANITESHARES ETF TR 63,467.0 $5.6M 0.66% NEW $88.01 +18.3%
30 NVDL CALL GRANITESHARES ETF TR 62,700.0 $5.5M 0.65% NEW $88.01 +18.3%
31 GOOGL ALPHABET INC Communication Services 16,788.0 $5.3M 0.62% NEW $312.99 +24.2%
32 JPM JPMORGAN CHASE & CO. Financial Services 16,305.0 $5.3M 0.62% NEW $322.21 -7.1%
33 GOOG ALPHABET INC Communication Services 15,686.0 $4.9M 0.58% NEW $313.81 +22.6%
34 JPM CALL JPMORGAN CHASE & CO. Financial Services 12,800.0 $4.1M 0.49% NEW $322.22 -7.1%
35 V VISA INC Financial Services 10,817.0 $3.8M 0.45% NEW $350.73 -6.6%
36 UNH UNITEDHEALTH GROUP INC Healthcare 11,276.0 $3.7M 0.44% NEW $330.10 +16.3%
37 AVGO BROADCOM INC Technology 9,874.0 $3.4M 0.40% NEW $346.09 +21.9%
38 QQQ CALL INVESCO QQQ TR Financial Services 4,600.0 $2.8M 0.33% NEW $614.31 +18.7%
39 PLTR PALANTIR TECHNOLOGIES INC Technology 15,610.0 $2.8M 0.33% NEW $177.75 -25.5%
40 NSC NORFOLK SOUTHN CORP Industrials 8,934.0 $2.6M 0.30% NEW $288.72 +12.8%
Page 2 of 9  ·  173 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 41.8%
Financial Services 21.3%
Consumer Cyclical 11.2%
Healthcare 6.3%
Consumer Defensive 5.6%
Communication Services 5.2%
Industrials 4.5%
Energy 3.5%
Utilities 0.5%
Basic Materials 0.1%