# GAMMA Investing LLC

> Institutional holdings reported to the SEC as of Q3 2026 on Form 13F. CIK 2010235. Source: https://holderbook.com/funds/2010235-gamma-investing-llc/

- Reported value: $3.0B
- Positions: 4,329
- Weight of the ten largest: 27.8%
- Filed: 2026-10-08

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 |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $171.1M | 749,074 | 5.8% | 12 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $153.9M | 461,999 | 5.2% | 12 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $118.0M | 230,099 | 4.0% | 12 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $72.0M | 289,182 | 2.4% | 12 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $65.4M | 189,985 | 2.2% | 12 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $55.3M | 157,350 | 1.9% | 12 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $50.2M | 147,309 | 1.7% | 12 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $48.3M | 595,263 | 1.6% | 12 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $46.0M | 63,449 | 1.6% | 12 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $41.0M | 123,853 | 1.4% | 12 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $39.2M | 36,827 | 1.3% | 12 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $32.8M | 28,383 | 1.1% | 12 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $27.7M | 45,356 | 0.9% | 12 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $26.9M | 54,069 | 0.9% | 12 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $25.8M | 72,599 | 0.9% | 12 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $24.1M | 230,745 | 0.8% | 12 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $23.9M | 66,520 | 0.8% | 12 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $22.5M | 84,832 | 0.8% | 12 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $22.4M | 221,161 | 0.8% | 12 |
| EXXONMOBIL HOLDINGS CORP COM SHS | [XOM](https://holderbook.com/stocks/XOM/) | $22.1M | 135,832 | 0.7% | 1 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $19.6M | 75,060 | 0.7% | 12 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $17.2M | 235,555 | 0.6% | 12 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $15.5M | 149,412 | 0.5% | 12 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $15.4M | 143,105 | 0.5% | 12 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $15.0M | 507,601 | 0.5% | 12 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $14.6M | 100,519 | 0.5% | 12 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $14.4M | 119,474 | 0.5% | 12 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $14.1M | 43,060 | 0.5% | 8 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $13.7M | 24,890 | 0.5% | 12 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $13.3M | 25,923 | 0.4% | 12 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $12.8M | 15,749 | 0.4% | 12 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $12.6M | 146,525 | 0.4% | 12 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $11.7M | 57,206 | 0.4% | 12 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $11.5M | 29,037 | 0.4% | 12 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $11.2M | 12,350 | 0.4% | 12 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $10.9M | 29,681 | 0.4% | 12 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $10.9M | 58,170 | 0.4% | 12 |
| ISHARES INC | [EWC](https://holderbook.com/stocks/EWC/) | $10.9M | 185,910 | 0.4% | 4 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $10.2M | 121,334 | 0.3% | 12 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $10.1M | 53,168 | 0.3% | 12 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $10.1M | 32,468 | 0.3% | 12 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $10.1M | 5,786 | 0.3% | 7 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $10.0M | 184,012 | 0.3% | 12 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $9.6M | 10,675 | 0.3% | 12 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $9.3M | 64,339 | 0.3% | 12 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $9.3M | 9,787 | 0.3% | 10 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $9.2M | 49,582 | 0.3% | 12 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $9.0M | 31,772 | 0.3% | 12 |
| ISHARES TR | [GVI](https://holderbook.com/stocks/GVI/) | $8.7M | 84,277 | 0.3% | 12 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $8.6M | 42,000 | 0.3% | 8 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $8.5M | 122,727 | 0.3% | 12 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $8.4M | 19,951 | 0.3% | 12 |
| SPDR SERIES TRUST | [SHM](https://holderbook.com/stocks/SHM/) | $8.4M | 179,586 | 0.3% | 12 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $8.3M | 29,697 | 0.3% | 12 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $8.3M | 31,395 | 0.3% | 12 |
| ISHARES TR | [MCHI](https://holderbook.com/stocks/MCHI/) | $8.3M | 158,856 | 0.3% | 12 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $7.9M | 40,495 | 0.3% | 12 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $7.8M | 41,646 | 0.3% | 12 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $7.8M | 18,079 | 0.3% | 12 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $7.8M | 17,006 | 0.3% | 12 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $7.6M | 58,582 | 0.3% | 12 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $7.5M | 18,905 | 0.3% | 12 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $7.5M | 9,787 | 0.3% | 12 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $7.1M | 27,426 | 0.2% | 12 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $7.0M | 3,881 | 0.2% | 12 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $6.9M | 12,846 | 0.2% | 12 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $6.7M | 49,150 | 0.2% | 12 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $6.6M | 9,821 | 0.2% | 12 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $6.5M | 81,412 | 0.2% | 12 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $6.5M | 86,238 | 0.2% | 12 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $6.4M | 6,988 | 0.2% | 12 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $6.3M | 64,965 | 0.2% | 12 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $6.3M | 50,134 | 0.2% | 12 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $6.2M | 49,808 | 0.2% | 12 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $6.2M | 8,106 | 0.2% | 12 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $6.2M | 62,372 | 0.2% | 12 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $6.0M | 15,464 | 0.2% | 12 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $6.0M | 5,663 | 0.2% | 9 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $6.0M | 77,414 | 0.2% | 12 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $6.0M | 15,098 | 0.2% | 12 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $5.9M | 46,194 | 0.2% | 12 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $5.7M | 38,323 | 0.2% | 12 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $5.7M | 25,910 | 0.2% | 12 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $5.7M | 12,529 | 0.2% | 12 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $5.6M | 30,633 | 0.2% | 12 |
| SPDR SERIES TRUST | [TFI](https://holderbook.com/stocks/TFI/) | $5.6M | 130,519 | 0.2% | 12 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $5.3M | 29,645 | 0.2% | 12 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $5.3M | 216,769 | 0.2% | 12 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $5.3M | 7,847 | 0.2% | 12 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $5.1M | 23,637 | 0.2% | 12 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $5.0M | 18,942 | 0.2% | 12 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $5.0M | 16,418 | 0.2% | 12 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $5.0M | 108,368 | 0.2% | 12 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $4.9M | 13,831 | 0.2% | 12 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $4.9M | 18,043 | 0.2% | 12 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $4.9M | 25,231 | 0.2% | 12 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $4.9M | 19,565 | 0.2% | 12 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $4.8M | 4,982 | 0.2% | 12 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $4.7M | 18,535 | 0.2% | 12 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $4.7M | 35,474 | 0.2% | 12 |

## 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 | +13.8% | +14.8% | -1.0% | 99% |
| Q1 2026 | -2.7% | -4.6% | +2.0% | 99% |
| Q4 2025 | +2.0% | +2.4% | -0.4% | 99% |
| Q3 2025 | +7.3% | +7.8% | -0.6% | 99% |
| Q2 2025 | +9.2% | +10.5% | -1.2% | 98% |
| Q1 2025 | -3.6% | -4.6% | +0.9% | 98% |
| Q4 2024 | +0.6% | +2.1% | -1.5% | 98% |
| Q3 2024 | +5.7% | +5.4% | +0.3% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2026 | $3.0B | 4,329 |
| Q2 2026 | $2.7B | 4,173 |
| Q1 2026 | $2.1B | 4,110 |
| Q4 2025 | $2.0B | 4,065 |
| Q3 2025 | $1.8B | 3,844 |
| Q2 2025 | $1.6B | 3,769 |
| Q1 2025 | $1.3B | 3,793 |
| Q4 2024 | $1.2B | 3,776 |
| Q3 2024 | $1.0B | 3,575 |
| Q2 2024 | $733.8M | 3,445 |
| Q1 2024 | $491.0M | 3,306 |
| Q4 2023 | $369.2M | 3,185 |