ZEGA Investments, LLC
Follow13F filer, CIK 2045703, PALM BEACH GARDENS, FL
ZEGA Investments, LLC reported $889,867,622 across 299 holdings for the quarter ended 2026-03-31, in a 13F-HR filed 2026-05-11. Its ten largest share positions make up 59.91% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001172661-26-001641
- Period
- 2026-03-31
- Reported value
- $890M
- Holdings
- 299
- Top 10 weight
- 59.91%
- New
- 143
- Sold out
- 17
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| COSTadded | +6,708 | $6.68M |
| HYBLadded | +209,771 | $5.84M |
| NVDAadded | +30,061 | $5.24M |
| ABTadded | +20,414 | $2.1M |
| ZHDGadded | +94,547 | $2M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| SJNKreduced | -92,540 | -$2.31M |
| SRLNreduced | -57,233 | -$2.3M |
| COWGexited | -55,621 | -$1.96M |
| EXPEexited | -4,605 | -$1.3M |
| LRCXexited | -7,509 | -$1.29M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Back to all 190 share positions
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T SHS | call | 139,000 | $90.4M | -7,600 |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 116,200 | $75.6M | -4,500 |
| AAPLAPPLE INC COM | call | 126,500 | $32.1M | -40,500 |
| NVDANVIDIA CORPORATION COM | call | 119,200 | $20.8M | +31,800 |
| COSTCOSTCO WHOLESALE CORPORATION COM | call | 18,900 | $18.8M | +8,000 |
| XOMEXXON MOBIL CORP COM | call | 59,800 | $10.1M | -1,500 |
| QQQINVESCO QQQ TR COM | put | 17,200 | $9.93M | 0 |
| AMZNAMAZON COM INC COM | call | 46,900 | $9.77M | -15,400 |
| AFLAFLAC INC Stock | call | 59,400 | $6.52M | 0 |
| ABBVABBVIE INC COM | call | 25,000 | $5.44M | 0 |
| TSLATESLA INC COM | call | 14,300 | $5.32M | new |
| NVDLGRANITESHARES ETF TR 2X LONG NVDA DAI | call | 62,700 | $4.55M | 0 |
| QQQINVESCO QQQ TR COM | call | 7,100 | $4.1M | +2,500 |
| METAMETA PLATFORMS INC COM | call | 6,400 | $3.66M | new |
| MSFTMICROSOFT CORP COM | call | 9,600 | $3.55M | -4,700 |
| WMTWALMART INC COM | call | 23,600 | $2.93M | +7,500 |
| AAPLAPPLE INC COM | put | 10,700 | $2.72M | -19,400 |
| NSCNORFOLK SOUTHN CORP Stock | call | 8,900 | $2.55M | new |
| JPMJPMORGAN CHASE & CO COM | call | 7,500 | $2.21M | -5,300 |
| HDHOME DEPOT INC COM | call | 6,300 | $2.07M | new |
| GLDSPDR GOLD TR GOLD SHS | put | 4,800 | $2.07M | new |
| GOOGLALPHABET INC COM | call | 5,600 | $1.61M | new |
| CVXCHEVRON CORPORATION COM | call | 7,700 | $1.59M | new |
| LLYELI LILLY & CO COM | call | 1,700 | $1.56M | new |
| RTXRTX CORPORATION COM | call | 7,900 | $1.52M | new |
| GOOGALPHABET INC COM | call | 5,300 | $1.52M | new |
| MCKMCKESSON CORP Stock | call | 1,600 | $1.38M | new |
| MMM3M CO Stock | call | 9,300 | $1.35M | new |
| CATCATERPILLAR INC COM | call | 1,900 | $1.35M | new |
| USBUS BANCORP COM NEW | call | 24,700 | $1.28M | -5,400 |
| PEPPEPSICO INC COM | call | 8,000 | $1.24M | new |
| AVGOBROADCOM INC COM | call | 3,900 | $1.21M | new |
| ABTABBOTT LABORATORIES COM | call | 11,500 | $1.18M | new |
| MARMARRIOTT INTL INC NEW Stock | call | 3,600 | $1.18M | new |
| GLDSPDR GOLD TR GOLD SHS | call | 2,600 | $1.12M | new |
| ETENERGY TRANSFER L P COM UT LTD PTN | call | 55,300 | $1.07M | new |
| SYKSTRYKER CORPORATION COM | call | 3,200 | $1.05M | new |
| QQQMINVESCO EXCH TRADED FD TR II COM | call | 4,300 | $1.02M | new |
| PLTRPALANTIR TECHNOLOGIES INC COM | call | 6,900 | $1.01M | -6,700 |
| BRK-BBERKSHIRE HATHAWAY INC DEL COM | call | 2,000 | $958K | new |
| LLYELI LILLY & CO COM | put | 1,000 | $920K | new |
| ORCLORACLE CORP COM | call | 5,000 | $736K | new |
| FANGDIAMONDBACK ENERGY INC Stock | call | 3,700 | $732K | new |
| APDAIR PRODUCTS AND CHEMICALS I COM | call | 2,300 | $668K | new |
| MSFTMICROSOFT CORP COM | put | 1,800 | $666K | new |
| INTUINTUIT COM | call | 1,500 | $649K | new |
| CRWDCROWDSTRIKE HLDGS INC COM | call | 1,600 | $625K | new |
| HOODROBINHOOD MKTS INC COM | call | 8,600 | $596K | new |
| EPDENTERPRISE PRODS PARTNERS L COM | call | 15,700 | $594K | 0 |
| WFCWELLS FARGO & CO COM | call | 7,400 | $589K | new |
| MCHPMICROCHIP TECHNOLOGY INC. Stock | call | 9,100 | $588K | new |
| PGPROCTER & GAMBLE CO COM | put | 4,000 | $578K | new |
| PGPROCTER & GAMBLE CO COM | call | 4,000 | $578K | new |
| VTIVANGUARD INDEX FDS COM | call | 1,800 | $577K | new |
| AMDADVANCED MICRO DEVICES INC COM | call | 2,700 | $549K | new |
| PWRQUANTA SVCS INC COM | call | 900 | $494K | new |
| SOXXISHARES TR COM | put | 1,500 | $493K | new |
| SOXXISHARES TR COM | call | 1,500 | $493K | new |
| MNSTMONSTER BEVERAGE CORP NEW Stock | call | 6,800 | $493K | new |
| NFLXNETFLIX INC. COM | call | 4,600 | $442K | new |
| MCDMCDONALDS CORP COM | call | 1,400 | $435K | new |
| AXPAMERICAN EXPRESS CO COM | call | 1,400 | $423K | new |
| BABOEING CO COM | call | 2,000 | $398K | new |
| OKEONEOK INC NEW COM | call | 4,400 | $398K | new |
| GEGE AEROSPACE COM | call | 1,400 | $397K | new |
| BNYBANK OF NY MELLON CORP Stock | call | 3,100 | $368K | new |
| HONHONEYWELL INTL INC COM | call | 1,600 | $362K | new |
| INTCINTEL CORP COM | call | 8,100 | $357K | new |
| TJXTJX COS INC NEW COM | call | 2,200 | $351K | new |
| TMOTHERMO FISHER SCIENTIFIC INC COM | put | 700 | $344K | new |
| CDNSCADENCE DESIGN SYSTEM INC Stock | call | 1,200 | $333K | new |
| UPSUNITED PARCEL SVCS INC COM | call | 3,300 | $325K | new |
| ETNEATON CORP PLC COM | call | 900 | $322K | new |
| KRKROGER CO Stock | call | 4,400 | $318K | new |
| VSTVISTRA CORP Stock | call | 1,800 | $271K | new |
| GBTCGRAYSCALE BITCOIN TRUST ETF SHS REP COM UT | call | 5,000 | $264K | new |
| UBERUBER TECHNOLOGIES INC COM | call | 3,600 | $259K | new |
| ANETARISTA NETWORKS INC COM | call | 2,000 | $246K | new |
| ADBEADOBE INC COM | call | 1,000 | $243K | new |
| VVISA INC COM | call | 800 | $242K | new |
| SAPSAP SE ADR | call | 1,300 | $223K | new |
| RDDTREDDIT INC Stock | call | 1,500 | $202K | new |
| SHELSHELL PLC ADR | call | 2,000 | $186K | new |
| VOOVANGUARD INDEX FDS COM | call | 300 | $179K | new |
| AMATAPPLIED MATLS INC COM | call | 500 | $171K | new |
| NUENUCOR CORP Stock | call | 1,000 | $169K | new |
| SMHVANECK ETF TRUST COM | call | 400 | $153K | new |
| JPMJPMORGAN CHASE & CO COM | put | 500 | $147K | new |
| GOOGLALPHABET INC COM | put | 500 | $144K | new |
| NOCNORTHROP GRUMMAN CORP Stock | call | 200 | $136K | new |
| MUMICRON TECHNOLOGY INC COM | call | 400 | $135K | new |
| IVVISHARES TR SHS | call | 200 | $131K | new |
| AMZNAMAZON COM INC COM | put | 600 | $125K | new |
| AVGOBROADCOM INC COM | put | 400 | $124K | new |
| JNJJOHNSON & JOHNSON COM | put | 500 | $122K | new |
| SCHWCHARLES SCHWAB CORP (THE) COM | put | 1,300 | $122K | new |
| NVDANVIDIA CORPORATION COM | put | 700 | $122K | new |
| VVISA INC COM | put | 400 | $121K | new |
| EMREMERSON ELEC CO Stock | call | 900 | $118K | new |
| METAMETA PLATFORMS INC COM | put | 200 | $114K | new |
| TSLATESLA INC COM | put | 300 | $112K | new |
| TSMTAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS | call | 300 | $101K | new |
| GSGOLDMAN SACHS GROUP INC COM | call | 100 | $84.6K | new |
| UNHUNITEDHEALTH GROUP INC COM | call | 300 | $81.2K | new |
| CRMSALESFORCE INC COM | call | 400 | $74.7K | new |
| MUMICRON TECHNOLOGY INC COM | put | 100 | $33.8K | new |
| ADBEADOBE INC COM | put | 100 | $24.3K | new |
| QQQMINVESCO EXCH TRADED FD TR II COM | put | 100 | $23.8K | new |
| KOCOCA COLA CO COM | call | 200 | $15.2K | new |
Sold out in Q1 2026
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| COWGPACER FDS TR | 55,621 | $1.96M | shares |
| EXPEEXPEDIA GROUP INC | 4,605 | $1.3M | shares |
| LRCXLAM RESEARCH CORP | 7,509 | $1.29M | shares |
| PANWPALO ALTO NETWORKS INC | 6,261 | $1.15M | shares |
| SPGIS&P GLOBAL INC | 1,957 | $1.02M | shares |
| YMAXTIDAL TRUST II | 99,400 | $992K | put |
| SOFISOFI TECHNOLOGIES INC | 32,226 | $844K | shares |
| AXONAXON ENTERPRISE INC | 1,433 | $814K | shares |
| NETCLOUDFLARE INC | 1,794 | $354K | shares |
| NOWSERVICENOW INC | 2,251 | $345K | shares |
| JPSTJ P MORGAN EXCHANGE TRADED F | 6,753 | $342K | shares |
| JEPIJ P MORGAN EXCHANGE TRADED F | 4,896 | $280K | shares |
| IBITISHARES BITCOIN TRUST ETF | 5,620 | $279K | shares |
| TSLYTIDAL TRUST II | 6,044 | $227K | shares |
| IBMINTERNATIONAL BUSINESS MACHS | 708 | $210K | shares |
| WNTRTIDAL TRUST II | 5,284 | $210K | shares |
| DISOTIDAL TRUST II | 15,002 | $182K | shares |
How Q1 2026 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001172661-26-001641 | base | 2026-05-11 | acceptance time not in the bulk data set |