Managers / Q3 2024
Zega Financial, LLC
CIK 0001610186 · 3801 PGA BOULEVARD, SUITE 600, PALM BEACH GARDENS, FL, 33410 · 443-288-6444
Summary
Zega Financial, LLC reported $660M in U.S.-listed holdings across 112 positions for Q3 2024.
Its largest position, AAPL, represents 8.5% of the portfolio.
Compared with Q2 2024, the fund opened 30 new positions and exited 29.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- ETP · 74.3% · $490M
- Common Stock · 25.5% · $168M
- Other · 0.1% · $726,789
- MLP · 0.1% · $607,540
- ADR · 0.0% · $201,172
Quarter-over-Quarter Changes full breakdown →
vs Q2 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SPDR SER TR | NEW | +32.6K | 32.6K | +$1M | $1M |
| AMGNAMGEN INC | NEW | +3.2K | 3.2K | +$1M | $1M |
| USBUS BANCORP DEL | NEW | +19.8K | 19.8K | +$906,268 | $906,268 |
| TIDAL TR II | NEW | +40.4K | 40.4K | +$783,201 | $783,201 |
| WMBWILLIAMS COS INC | NEW | +15.2K | 15.2K | +$694,382 | $694,382 |
| ISHARES TR | NEW | +5.8K | 5.8K | +$680,590 | $680,590 |
| J P MORGAN EXCHANGE TRADED F | NEW | +6.3K | 6.3K | +$659,651 | $659,651 |
| CAMBRIA ETF TR | NEW | +7.9K | 7.9K | +$573,026 | $573,026 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | AAPLAPPLE INChistory → | COM | 8.45% | $56M | 239.4K |
| 2 | SPDR S&P 500 ETF TR | TR UNIT | 4.53% | $30M | 52.1K |
| 3 | SPDR SER TR | BLOOMBERG SHT TE · PRTFLO S&P500 HI · BLOOMBERG 1-3 MO | 3.72% | $25M | 898.4K |
| 4 | SSGA ACTIVE ETF TR | BLACKSTONE SENR | 3.46% | $23M | 547.0K |
| 5 | TIDAL ETF TR | ZEGA BUY AND HED · SOFI ENHANCED YL | 2.80% | $18M | 911.8K |
| 6 | MSFTMICROSOFT CORPhistory → | COM | 2.25% | $15M | 34.6K |
| 7 | AMZNAMAZON COM INChistory → | COM | 1.80% | $12M | 63.6K |
| 8 | EXMOCEXXON MOBIL CORPhistory → | COM | 1.41% | $9M | 79.3K |
| 9 | NVDANVIDIA CORPORATIONhistory → | COM | 1.33% | $9M | 72.3K |
| 10 | SSGA ACTIVE TR | SPDR BLACKSTONE | 1.29% | $9M | 296.6K |
| 11 | FANGDIAMONDBACK ENERGY INChistory → | COM | 1.18% | $8M | 45.3K |
| 12 | AFLAFLAC INChistory → | COM | 1.08% | $7M | 64.0K |
| 13 | TIDAL TR II | YIELDMAX UNIVERS · DEFIANCE S&P 500 | 0.93% | $6M | 328.6K |
| 14 | UNHUNITEDHEALTH GROUP INC | COM | 0.89% | $6M | 10.1K |
| 15 | J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM · ULTRA SHRT ETF · DIVERSFD EQT ETF | 0.70% | $5M | 87.4K |
| 16 | ISHARES TR | CORE S&P500 ETF | 0.66% | $4M | 7.6K |
| 17 | COSTCOSTCO WHSL CORP NEW | COM | 0.63% | $4M | 4.7K |
| 18 | GOOGLALPHABET INC | CAP STK CL A | 0.52% | $3M | 20.7K |
| 19 | XLFSELECT SECTOR SPDR TR | FINANCIAL · INDL | 0.34% | $2M | 33.4K |
| 20 | TSLATESLA INC | COM | 0.33% | $2M | 8.3K |
| 21 | PACER FDS TR | US CASH COWS 100 · PACER US SMALL | 0.31% | $2M | 40.1K |
| 22 | PANWPALO ALTO NETWORKS INC | COM | 0.31% | $2M | 6.0K |
| 23 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.28% | $2M | 3.8K |
| 24 | ANETEURARISTA NETWORKS INC | COM | 0.26% | $2M | 4.4K |
| 25 | LLYELI LILLY & CO | COM | 0.23% | $2M | 1.7K |
| 26 | MCKMCKESSON CORP | COM | 0.23% | $2M | 3.1K |
| 27 | METAMETA PLATFORMS INC | CL A | 0.22% | $1M | 2.6K |
| 28 | INVESCO ACTIVELY MANAGED EXC | ULTRA SHRT DUR | 0.22% | $1M | 28.3K |
| 29 | CATCATERPILLAR INC | COM | 0.21% | $1M | 3.6K |
| 30 | FIRST TR EXCHANGE-TRADED FD | FIRST TR ENH NEW | 0.20% | $1M | 21.7K |
| 31 | PGIM ETF TR | PGIM ULTRA SH BD | 0.19% | $1M | 25.7K |
| 32 | KOCOCA COLA CO | COM | 0.19% | $1M | 17.2K |
| 33 | ADBEADOBE INC | COM | 0.17% | $1M | 2.1K |
| 34 | PCARPACCAR INC | COM | 0.16% | $1M | 10.5K |
| 35 | HDHOME DEPOT INC | COM | 0.16% | $1M | 2.6K |
| 36 | AMGNAMGEN INC | COM | 0.16% | $1M | 3.2K |
| 37 | JNJJOHNSON & JOHNSON | COM | 0.15% | $1M | 6.2K |
| 38 | ISRGINTUITIVE SURGICAL INC | COM NEW | 0.15% | $992,365 | 2.0K |
Filing History
Other Included Managers
This filing reports holdings on behalf of 2 additional managers.
- Tidal Investments LLC028-19397
- Zega Investments
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.