# Systematic Alpha Investments, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1806755. Source: https://holderbook.com/funds/1806755-systematic-alpha-investments-llc/

- Reported value: $3.7B
- Positions: 233
- Weight of the ten largest: 60.4%
- Filed: 2026-08-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $777.8M | 1,132,544 | 20.9% | 23 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $335.0M | 279,303 | 9.0% | 1 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $229.6M | 317,598 | 6.2% | 23 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $195.0M | 894,868 | 5.2% | 23 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $179.1M | 895,219 | 4.8% | 23 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $166.7M | 576,144 | 4.5% | 23 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $110.3M | 308,599 | 3.0% | 23 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $93.8M | 251,402 | 2.5% | 23 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $83.5M | 353,000 | 2.2% | 23 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $78.7M | 658,400 | 2.1% | 23 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $71.0M | 215,208 | 1.9% | 23 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $67.5M | 784,030 | 1.8% | 22 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $58.4M | 244,969 | 1.6% | 23 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $56.1M | 158,759 | 1.5% | 23 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $54.5M | 72,970 | 1.5% | 23 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $52.8M | 410,682 | 1.4% | 23 |
| INVESCO EXCHANGE TRADED FD T | [RZV](https://holderbook.com/stocks/RZV/) | $45.7M | 306,488 | 1.2% | 22 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $45.2M | 104,380 | 1.2% | 8 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $41.4M | 73,470 | 1.1% | 23 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $36.9M | 314,568 | 1.0% | 23 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $34.2M | 58,823 | 0.9% | 23 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $33.3M | 149,216 | 0.9% | 23 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $31.6M | 61,446 | 0.8% | 23 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $30.2M | 126,941 | 0.8% | 23 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $30.1M | 215,388 | 0.8% | 23 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $29.7M | 217,000 | 0.8% | 23 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $26.6M | 75,320 | 0.7% | 23 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $26.5M | 70,130 | 0.7% | 23 |
| ACADIAN ASSET MANAGEMENT INC | [AAMI](https://holderbook.com/stocks/AAMI/) | $26.5M | 370,108 | 0.7% | 23 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $26.2M | 193,425 | 0.7% | 23 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $26.0M | 96,001 | 0.7% | 23 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $25.5M | 134,190 | 0.7% | 23 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $25.4M | 93,348 | 0.7% | 23 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $24.7M | 98,285 | 0.7% | 23 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $23.8M | 57,323 | 0.6% | 23 |
| METLIFE INC | [MET](https://holderbook.com/stocks/MET/) | $23.7M | 280,471 | 0.6% | 23 |
| SUN LIFE FINANCIAL INC. | [SLF](https://holderbook.com/stocks/SLF/) | $19.7M | 250,808 | 0.5% | 23 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $17.1M | 296,292 | 0.5% | 23 |
| EVERSOURCE ENERGY | [ES](https://holderbook.com/stocks/ES/) | $16.3M | 226,152 | 0.4% | 23 |
| YUM BRANDS INC | [YUM](https://holderbook.com/stocks/YUM/) | $15.9M | 99,234 | 0.4% | 10 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $15.3M | 212,638 | 0.4% | 23 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $15.0M | 114,786 | 0.4% | 23 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $14.5M | 131,859 | 0.4% | 23 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $14.0M | 172,300 | 0.4% | 23 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $13.8M | 42,064 | 0.4% | 23 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $13.3M | 248,410 | 0.4% | 21 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $13.1M | 308,920 | 0.4% | 23 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $12.6M | 177,079 | 0.3% | 23 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $12.2M | 73,020 | 0.3% | 23 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $11.7M | 233,937 | 0.3% | 23 |
| AVERY DENNISON CORP | [AVY](https://holderbook.com/stocks/AVY/) | $11.5M | 70,644 | 0.3% | 23 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $11.5M | 27,229 | 0.3% | 22 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $10.2M | 424,515 | 0.3% | 23 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $10.2M | 16,000 | 0.3% | 23 |
| EDISON INTL | [EIX](https://holderbook.com/stocks/EIX/) | $9.7M | 130,188 | 0.3% | 23 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $8.3M | 70,000 | 0.2% | 11 |
| UNILEVER PLC | [UL](https://holderbook.com/stocks/UL/) | $7.9M | 131,449 | 0.2% | 3 |
| SLM CORP | [SLM](https://holderbook.com/stocks/SLM/) | $7.2M | 277,906 | 0.2% | 23 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $7.2M | 79,000 | 0.2% | 23 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $7.1M | 72,000 | 0.2% | 23 |
| SPDR SERIES TRUST | [SPYD](https://holderbook.com/stocks/SPYD/) | $7.0M | 147,601 | 0.2% | 20 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $6.0M | 20,006 | 0.2% | 7 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $5.9M | 5,091 | 0.2% | 12 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $5.4M | 85,257 | 0.1% | 22 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $5.0M | 44,100 | 0.1% | 23 |
| PITNEY BOWES INC | [PBI](https://holderbook.com/stocks/PBI/) | $4.8M | 275,000 | 0.1% | 23 |
| SAMSUNG ELECTRONICS CO LTD SPONS ADR | - | $4.3M | 800 | 0.1% | 15 |
| FRANKLIN RESOURCES INC | [BEN](https://holderbook.com/stocks/BEN/) | $4.2M | 126,200 | 0.1% | 20 |
| ROYAL CARIBBEAN GROUP | [RCL](https://holderbook.com/stocks/RCL/) | $4.2M | 13,214 | 0.1% | 20 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $4.1M | 22,342 | 0.1% | 23 |
| TERADYNE INC | [TER](https://holderbook.com/stocks/TER/) | $4.1M | 8,500 | 0.1% | 22 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $4.0M | 23,296 | 0.1% | 7 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $3.8M | 67,508 | 0.1% | 22 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $3.6M | 17,326 | 0.1% | 20 |
| INVESCO LTD | [IVZ](https://holderbook.com/stocks/IVZ/) | $3.3M | 126,193 | 0.1% | 23 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $3.2M | 3,194 | 0.1% | 23 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $3.2M | 10,609 | 0.1% | 23 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.0M | 8,673 | 0.1% | 21 |
| PUBLIC STORAGE | [PSA](https://holderbook.com/stocks/PSA/) | $2.9M | 9,030 | 0.1% | 23 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $2.9M | 30,000 | 0.1% | 23 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $2.5M | 27,000 | 0.1% | 18 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $2.5M | 14,854 | 0.1% | 22 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $2.4M | 15,624 | 0.1% | 23 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $2.3M | 29,701 | 0.1% | 22 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.3M | 3,130 | 0.1% | 14 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $2.3M | 6,143 | 0.1% | 20 |
| LEIDOS HOLDINGS INC | [LDOS](https://holderbook.com/stocks/LDOS/) | $2.2M | 21,781 | 0.1% | 23 |
| HSBC HLDGS PLC | [HSBC](https://holderbook.com/stocks/HSBC/) | $2.2M | 23,000 | 0.1% | 22 |
| SPROUTS FMRS MKT INC | [SFM](https://holderbook.com/stocks/SFM/) | $2.2M | 25,735 | 0.1% | 1 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $2.2M | 10,038 | 0.1% | 23 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $2.1M | 23,141 | 0.1% | 1 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $2.1M | 12,013 | 0.1% | 20 |
| V F CORP | [VFC](https://holderbook.com/stocks/VFC/) | $1.9M | 116,777 | 0.1% | 23 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $1.9M | 1,674 | 0.1% | 23 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $1.9M | 25,789 | 0.1% | 22 |
| BRADY CORP | [BRC](https://holderbook.com/stocks/BRC/) | $1.8M | 20,200 | 0.0% | 14 |
| PULTE GROUP INC | [PHM](https://holderbook.com/stocks/PHM/) | $1.8M | 13,088 | 0.0% | 15 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $1.8M | 2,493 | 0.0% | 20 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $1.8M | 13,223 | 0.0% | 22 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $1.7M | 8,120 | 0.0% | 23 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +20.8% | +14.8% | +5.9% | 124% |
| Q1 2026 | -3.5% | -4.6% | +1.1% | 100% |
| Q4 2025 | +5.8% | +2.4% | +3.4% | 100% |
| Q3 2025 | +8.0% | +7.8% | +0.2% | 100% |
| Q2 2025 | +7.5% | +10.5% | -3.0% | 100% |
| Q1 2025 | -3.5% | -4.6% | +1.0% | 100% |
| Q4 2024 | -1.0% | +2.1% | -3.2% | 103% |
| Q3 2024 | +4.3% | +5.4% | -1.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $3.7B | 233 |
| Q1 2026 | $2.8B | 234 |
| Q4 2025 | $3.2B | 229 |
| Q3 2025 | $3.0B | 227 |
| Q2 2025 | $2.8B | 230 |
| Q1 2025 | $2.6B | 222 |
| Q4 2024 | $2.7B | 228 |
| Q3 2024 | $2.7B | 222 |
| Q2 2024 | $2.6B | 216 |
| Q1 2024 | $2.5B | 220 |
| Q4 2023 | $2.2B | 287 |
| Q3 2023 | $2.0B | 298 |