ZEGA Investments’s State Street SPDR S&P 500 ETF Trust SPY Stock Holding History

ZEGA Investments’s Portfolio SPY Stock Details SPY Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$90.4M	Sell	139,000 -7,600	-5%	-$5.17M	10.16%	1
2025 Q4	$100M	Sell	146,600 -14,300	-9%	-$9.67M	11.78%	1
2025 Q3	$107M	Sell	160,900 -19,800	-11%	-$12.7M	14.35%	1
2025 Q2	$112M	Sell	180,700 -21,700	-11%	-$12.4M	15.24%	2
2025 Q1	$113M	Sell	202,400 -22,400	-10%	-$13.2M	17.26%	1
2024 Q4	$57.7M	Buy	+224,800	New	+$132M	14.49%	1

Other funds holding SPY

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

ZEGA Investments's SPY Position: Q1 2026 in Review

ZEGA Investments reduced its State Street SPDR S&P 500 ETF Trust (SPY) stake by 1.8% in Q1 2026, selling an estimated $871K and leaving 71,382 shares worth $46.4M. The position accounts for 5.22% of the portfolio, ranked #5.

ZEGA Investments first reported a position in SPY in Q4 2024 and has held it in 6 quarters since. The position peaked at $49.6M in Q4 2025. 4,558 funds tracked by Wall St. Rank hold SPY as of Q1 2026.

ZEGA Investments held 71,382 shares of State Street SPDR S&P 500 ETF Trust worth $46.4M as of Q1 2026.
ZEGA Investments sold 1,281 State Street SPDR S&P 500 ETF Trust shares in Q1 2026, an estimated $871K.
State Street SPDR S&P 500 ETF Trust made up 5.22% of ZEGA Investments's portfolio in Q1 2026, its #5 holding.
ZEGA Investments first reported a position in State Street SPDR S&P 500 ETF Trust in Q4 2024 and has held it in 6 quarters since.
ZEGA Investments's State Street SPDR S&P 500 ETF Trust position peaked at $49.6M in Q4 2025.
4,558 funds tracked by Wall St. Rank held State Street SPDR S&P 500 ETF Trust as of Q1 2026.

Based on ZEGA Investments's 13F filing for Q1 2026, filed 11 May 2026.