We are live on
!
Find out more
ZI
ZEGA Investments Portfolio holdings
AUM
$973M
1-Year Est. Return
27.27%
This Fund
S&P 500
This Quarter
Est. Return
+7.42%
1 Year Est. Return
+27.27%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$733M
AUM Growth
+$76.6M
(+12%)
Cap. Flow
+$33.1M
Cap. Flow
% of AUM
4.52%
Top 10 Holdings %
Top 10 Hldgs %
63.92%
Holding
163
New
27
Increased
61
Reduced
42
Closed
22
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Blackstone High Income ETF
HYBL
|
+$23.6M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$7.01M |
| 3 |
FT Vest S&P 500 Dividend Aristocrats Target Income ETF
KNG
|
+$3.78M |
| 4 |
Eli Lilly
LLY
|
+$3.7M |
| 5 |
NVIDIA
NVDA
|
+$3.09M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Blackstone Senior Loan ETF
SRLN
|
+$10.4M |
| 2 |
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
|
+$6.02M |
| 3 |
Zega Buy & Hedge ETF
ZHDG
|
+$2.42M |
| 4 |
SoFi Enhanced Yield ETF
THTA
|
+$2.09M |
| 5 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$2.06M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.09% |
| 2 | Consumer Discretionary | 4.23% |
| 3 | Financials | 2.81% |
| 4 | Healthcare | 2.53% |
| 5 | Communication Services | 1.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
CALL
Microsoft
MSFT
$3.71T
| – | – |
-10,800
| Closed | -$4.05M |
|
152
YieldMax NFLX Option Income Strategy ETF
NFLY
$38.6M
| – | – |
-14,912
| Closed | -$250K |
|
153
YieldMax NVDA Option Income Strategy ETF
NVDY
$1.46B
| – | – |
-11,111
| Closed | -$171K |
|
154
CALL
Palo Alto Networks
PANW
$297B
| – | – |
-10,400
| Closed | -$1.77M |
|
155
CALL
Starbucks
SBUX
$120B
| – | – |
-10,300
| Closed | -$1.01M |
|
156
Schwab US Dividend Equity ETF
SCHD
$105B
| – | – |
-38,732
| Closed | -$1.08M |
|
157
Snowflake
SNOW
$115B
| – | – |
-2,042
| Closed | -$298K |
|
158
ProShares Ultra S&P500
SSO
$8.36B
| – | – |
-31,436
| Closed | -$1.3M |
|
159
TransDigm Group
TDG
$67.7B
| – | – |
-1,108
| Closed | -$1.53M |
|
|
160
SoFi Enhanced Yield ETF
THTA
$54.5M
| – | – |
-111,479
| Closed | -$2.09M |
|
161
State Street Financial Select Sector SPDR ETF
XLF
$58.2B
| – | – |
-5,828
| Closed | -$290K |
|
162
State Street Industrial Select Sector SPDR ETF
XLI
$33.7B
| – | – |
-13,902
| Closed | -$1.82M |
|
163
YieldMax Ultra Option Income Strategy ETF
ULTY
$782M
| – | – |
-1,495
| Closed | -$90.4K |
|
Similar funds
SAM
TCCM
UIC
JWM
ADIC
MGCM
KL
LOIM
ZEGA Investments's Q2 2025 Portfolio in Review
As of Q2 2025, ZEGA Investments held 163 positions worth $733M, up 12% from $656M the previous quarter. Its ten largest holdings account for 64% of the portfolio.
ZEGA Investments deployed $33.1M of net new capital in Q2 2025, opening 27 new positions and adding to 61 existing holdings. Its largest new stake was FT Vest S&P 500 Dividend Aristocrats Target Income ETF: 77,773 shares worth $3.82M.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 13% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street Blackstone Senior Loan ETF, an estimated $10.4M trimmed.
- ZEGA Investments's largest Q2 2025 buy was FT Vest S&P 500 Dividend Aristocrats Target Income ETF: 77,773 shares worth $3.82M.
- ZEGA Investments added most to State Street Blackstone High Income ETF in Q2 2025, an estimated $23.6M increase.
- ZEGA Investments's biggest Q2 2025 reduction was State Street Blackstone Senior Loan ETF, cutting an estimated $10.4M.
- ZEGA Investments fully exited SoFi Enhanced Yield ETF in Q2 2025, selling an estimated $2.09M.
- ZEGA Investments's ten largest holdings make up 64% of its $733M portfolio in Q2 2025.
- ZEGA Investments opened 27 new positions and closed 22 in Q2 2025.
- ZEGA Investments's portfolio value rose 12% quarter-over-quarter to $733M.
Based on ZEGA Investments's 13F filing for Q2 2025, filed 6 Aug 2025.