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Portfolio (Quarterly) Guide ↗

ZEGA Investments, LLC

· CIK 0002045703
13F Portfolio $890M AUM 299 positions Filed May 11, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 143 New 54 Added 65 Reduced 17 Exited
Page 2 of 8  ·  143 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 PEP CALL PEPSICO INC Consumer Defensive 8,000.0 $1.2M 0.14% NEW $155.29 -6.1%
22 AVGO CALL BROADCOM INC Technology 3,900.0 $1.2M 0.14% NEW $309.51 +38.6%
23 ABT CALL ABBOTT LABORATORIES Healthcare 11,500.0 $1.2M 0.13% NEW $102.67 -16.2%
24 MAR CALL MARRIOTT INTL INC NEW Consumer Cyclical 3,600.0 $1.2M 0.13% NEW $327.07 +18.0%
25 GLD CALL SPDR GOLD TR Financial Services 2,600.0 $1.1M 0.13% NEW $430.29 -3.9%
26 ET CALL ENERGY TRANSFER L P Energy 55,300.0 $1.1M 0.12% NEW $19.30 +0.5%
27 SYK CALL STRYKER CORPORATION Healthcare 3,200.0 $1.1M 0.12% NEW $328.59 -6.7%
28 NOC NORTHROP GRUMMAN CORP Industrials 1,522.0 $1.0M 0.12% NEW $682.24 -18.4%
29 QQQM CALL INVESCO EXCH TRADED FD TR II 4,300.0 $1.0M 0.12% NEW $237.62 +27.5%
30 MAGG MADISON ETFS TRUST 48,749.0 $989K 0.11% NEW $20.30 -0.7%
31 CALL BERKSHIRE HATHAWAY INC DEL 2,000.0 $958K 0.11% NEW $479.20
32 LLY PUT ELI LILLY & CO Healthcare 1,000.0 $920K 0.10% NEW $919.77 +22.5%
33 APD AIR PRODUCTS AND CHEMICALS I Basic Materials 3,161.0 $918K 0.10% NEW $290.49 -2.1%
34 RPAR TIDAL TRUST I 40,233.0 $896K 0.10% NEW $22.26 +3.4%
35 OKE ONEOK INC NEW Energy 9,901.0 $895K 0.10% NEW $90.39 -2.8%
36 SFY TIDAL TRUST I 6,417.0 $801K 0.09% NEW $124.82 +20.3%
37 CCSB TIDAL TRUST II 39,909.0 $797K 0.09% NEW $19.97 +0.4%
38 PKG PACKAGING CORP AMER Consumer Cyclical 3,551.0 $754K 0.09% NEW $212.22 +2.2%
39 ORCL CALL ORACLE CORP Technology 5,000.0 $736K 0.08% NEW $147.11 +38.2%
40 FANG CALL DIAMONDBACK ENERGY INC Energy 3,700.0 $732K 0.08% NEW $197.79 -2.4%
Page 2 of 8  ·  143 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 38.6%
Financial Services 20.2%
Consumer Cyclical 10.0%
Consumer Defensive 8.3%
Healthcare 6.5%
Energy 5.3%
Communication Services 5.0%
Industrials 5.0%
Basic Materials 0.6%
Utilities 0.4%