GAMMA Investing LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 15, 2025), GAMMA Investing LLC reported 3,791 stock positions worth $1.3 billion. Its top holding was Apple (AAPL) at 4.5% of the portfolio, followed by Nvidia (NVDA, 3.7%) and Microsoft (MSFT, 3.5%). Compared with Q4 2024, it opened 154 new positions, sold out of 139, added to 2,497 and reduced 833. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +43%) and the biggest sale Arista Networks (ANET, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- FOSTER CITY, CA
- CIK
- 0002010235
- Portfolio Value
- $1.3B (Q1 2025)
- SEC Filing
- 0002010235-25-000006 ↗ filed Apr 15, 2025
Holdings Value
Holdings 3,791 stocks · $1.3B
| AAPL Apple Inc. | 4.51% | 270,411 | $60.1M | Add +17.2% |
| NVDA Nvidia Corp. | 3.66% | 450,616 | $48.8M | Add +13.2% |
| MSFT Microsoft Corp. | 3.50% | 124,391 | $46.7M | Add +7.6% |
| AMZN Amazon.com Inc. | 2.27% | 158,967 | $30.2M | Add +13.1% |
| JPM JPMorgan Chase & Co. | 1.77% | 96,029 | $23.6M | Add +5.8% |
| META Meta Platforms Inc. Class A | 1.76% | 40,691 | $23.5M | Add +16.7% |
| AVGO Broadcom Inc. | 1.30% | 103,184 | $17.3M | Add +9.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.28% | 32,042 | $17.1M | Add +42.8% |
| GOOGL Alphabet Inc. Class A | 1.21% | 103,870 | $16.1M | Add +10.5% |
| LLY Eli Lilly & Co. | 1.12% | 18,000 | $14.9M | Add +25.8% |
| V Visa Inc. Class A | 1.11% | 42,120 | $14.8M | Add +9.9% |
| GOOG Alphabet Inc. Class C | 1.07% | 91,681 | $14.3M | Add +19.4% |
| MUB iShares National Muni Bond E | 1.01% | 127,508 | $13.4M | Add +11.4% |
| IEMG iShares Core MSCI Emerging | 1.01% | 249,050 | $13.4M | Add +17.5% |
| SUB iShares Short-Term National | 0.82% | 103,880 | $11.0M | Add +27.5% |
| HD Home Depot Inc. | 0.77% | 27,932 | $10.2M | Add +7.2% |
| ABBV Abbvie Inc. | 0.77% | 48,848 | $10.2M | Add +23.8% |
| TSLA Tesla Inc. | 0.74% | 37,862 | $9.8M | Add +6.0% |
| XOM Exxon Mobil Corp. | 0.71% | 79,522 | $9.5M | Add +20.6% |
| NFLX Netflix Inc. | 0.66% | 9,475 | $8.8M | Add +17.6% |
| MCHI iShares MSCI China ETF | 0.64% | 156,783 | $8.5M | Add +26.6% |
| UNH Unitedhealth Group Inc. | 0.62% | 15,838 | $8.3M | Add +7.4% |
| MA Mastercard Inc. Class A | 0.62% | 15,007 | $8.2M | Add +19.9% |
| COST Costco Wholesale Corp. | 0.61% | 8,628 | $8.2M | Add +12.6% |
| PG The Procter & Gamble Co. | 0.60% | 46,658 | $8.0M | Add +22.4% |
| WMT Walmart Inc. | 0.60% | 90,440 | $7.9M | Add +13.9% |
| BIV Vanguard Intermediate-Term B | 0.57% | 99,433 | $7.6M | Add +43.4% |
| JEPI JPMorgan Equity Premium Inco | 0.56% | 130,565 | $7.5M | Add +8.2% |
| JNJ Johnson & Johnson | 0.54% | 43,508 | $7.2M | Add +48.0% |
| CSCO Cisco Systems Inc. | 0.50% | 108,871 | $6.7M | Add +16.6% |
| KO The Coca-Cola Co. | 0.45% | 83,231 | $6.0M | Add +18.9% |
| PFF iShares Preferred & Income S | 0.44% | 192,028 | $5.9M | Add +33.5% |
| IBHF iShares Ibond 2026 HY & Inc. | 0.43% | 249,292 | $5.8M | Add +20.2% |
| CVX Chevron Corp. | 0.41% | 32,329 | $5.4M | Add +27.3% |
| IBHG iShares Ibonds 2027 HY Inc. | 0.39% | 231,518 | $5.2M | Add +25.8% |
| ABT Abbott Laboratories | 0.38% | 38,467 | $5.1M | Add +17.0% |
| GE General Electric filed as GE AEROSPACE | 0.38% | 25,311 | $5.1M | Add +18.5% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.38% | 201,335 | $5.1M | Add +21.8% |
| IBDR iShares Ibonds Dec 2026 Term | 0.36% | 199,650 | $4.8M | Add +20.9% |
| ORCL Oracle Corp. | 0.36% | 34,011 | $4.8M | Add +8.1% |
| IBHH iShares Ibonds 2028 TM HY Inc. | 0.35% | 200,146 | $4.7M | Add +22.4% |
| T AT&T Inc. | 0.35% | 165,258 | $4.7M | Add +15.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.35% | 111,527 | $4.7M | Add +8.2% |
| SPSB SS SPDR P St C Corp. ETF | 0.35% | 153,717 | $4.6M | Add +23.2% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.34% | 189,899 | $4.6M | Add +25.9% |
| PEP Pepsico Inc. | 0.34% | 30,603 | $4.6M | Add +28.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.34% | 8,107 | $4.5M | Add +99.2% |
| PM Philip Morris International | 0.34% | 28,268 | $4.5M | Add +26.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.33% | 17,694 | $4.4M | Add +19.3% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.33% | 43,565 | $4.3M | Add +18.3% |
| MRK Merck & Co. Inc. | 0.33% | 48,267 | $4.3M | Add +12.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.32% | 47,112 | $4.3M | Add +6.0% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.32% | 166,895 | $4.2M | Add +34.7% |
| EMB iShares JP Morgan Usd Emergi | 0.31% | 46,088 | $4.2M | Add +37.6% |
| RTX RTX Corp. | 0.31% | 31,430 | $4.2M | Add +12.8% |
| PCEF Invesco Cef Income Composite | 0.31% | 220,231 | $4.2M | Add +8.0% |
| IVV iShares Core S&P 500 ETF | 0.31% | 7,321 | $4.1M | Add +16.4% |
| GS Goldman Sachs Group Inc. | 0.30% | 7,279 | $4.0M | Add +17.1% |
| FISV Fiserv Inc. | 0.29% | 17,307 | $3.8M | Reduce -1.4% |
| CRM Salesforce Inc. | 0.29% | 14,166 | $3.8M | Add +13.9% |
| DGRO iShares Core Dividend Growth | 0.28% | 60,626 | $3.7M | Add +7.4% |
| CAT Caterpillar Inc. | 0.28% | 11,311 | $3.7M | Add +32.0% |
| AMGN Amgen Inc. | 0.27% | 11,753 | $3.7M | Add +40.2% |
| ETN Eaton Corp. PLC | 0.27% | 13,219 | $3.6M | Add +0.7% |
| IWF iShares Russell 1000 Growth | 0.26% | 9,737 | $3.5M | Add +2.9% |
| BLK BlackRock Inc. | 0.26% | 3,698 | $3.5M | Add +10.6% |
| MCD McDonald's Corp. | 0.26% | 11,198 | $3.5M | Add +25.3% |
| TXN Texas Instruments Inc. | 0.26% | 19,043 | $3.4M | Add +21.8% |
| ACN Accenture PLC Class A | 0.26% | 10,965 | $3.4M | Reduce -2.7% |
| LIN Linde PLC | 0.26% | 7,336 | $3.4M | Add +25.4% |
| WFC Wells Fargo & Co. | 0.25% | 47,264 | $3.4M | Add +11.3% |
| QCOM Qualcomm Inc. | 0.24% | 21,241 | $3.3M | Add +35.4% |
| GOVT iShares US Treasury Bond ETF | 0.24% | 140,211 | $3.2M | Add +43.5% |
| VZ Verizon Communications Inc. | 0.23% | 68,641 | $3.1M | Add +14.7% |
| TMUS T-Mobile US Inc. | 0.23% | 11,449 | $3.1M | Add +10.2% |
| PGR Progressive Corp. | 0.23% | 10,763 | $3.0M | Add +39.2% |
| ISRG Intuitive Surgical Inc. | 0.23% | 6,115 | $3.0M | Add +9.3% |
| ADBE Adobe Inc. | 0.22% | 7,798 | $3.0M | Add +22.3% |
| COP Conocophillips | 0.22% | 28,225 | $3.0M | Add +0.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.22% | 23,909 | $2.9M | Add +19.8% |
| ADP Automatic Data Processing | 0.22% | 9,495 | $2.9M | Add +13.8% |
| INTU Intuit Inc. | 0.21% | 4,602 | $2.8M | Add +13.7% |
| MS Morgan Stanley | 0.21% | 23,578 | $2.8M | Add +6.4% |
| NOW ServiceNow Inc. | 0.20% | 3,378 | $2.7M | Add +10.0% |
| APH Amphenol Corp. Class A | 0.19% | 39,430 | $2.6M | Add +10.8% |
| IWD iShares Russell 1000 Value E | 0.19% | 13,744 | $2.6M | Add +3.1% |
| BSX Boston Scientific Corp. | 0.19% | 25,554 | $2.6M | Add +17.2% |
| GILD Gilead Sciences Inc. | 0.19% | 22,760 | $2.6M | Add +24.9% |
| UNP Union Pacific Corp. | 0.19% | 10,545 | $2.5M | Add +16.8% |
| NEE Nextera Energy Inc. | 0.18% | 34,681 | $2.5M | Add +20.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.18% | 24,830 | $2.5M | Add +8.1% |
| C Citigroup Inc. | 0.18% | 34,236 | $2.4M | Add +12.7% |
| VRTX Vertex Pharmaceuticals Inc. | 0.18% | 5,002 | $2.4M | Add +25.1% |
| BMY Bristol-Myers Squibb Co. | 0.18% | 39,685 | $2.4M | Add +18.8% |
| TMO Thermo Fisher Scientific Inc. | 0.18% | 4,862 | $2.4M | Add +22.0% |
| PANW Palo Alto Networks Inc. | 0.18% | 14,125 | $2.4M | Add +10.8% |
| MCK McKesson Corp. | 0.18% | 3,556 | $2.4M | Add +12.5% |
| BKNG Booking Holdings Inc. | 0.18% | 513 | $2.4M | Add +13.3% |
| MMM 3M Co. | 0.17% | 15,799 | $2.3M | Add +12.5% |
| ICE Intercontinental Exchange Inc. | 0.17% | 13,129 | $2.3M | Add +42.0% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $64K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HENOF Henkel AG & Co. Kgaa Vor-Pref | Preferred | 728 | $59K | New |
| CAPITAL ONE FINANCIAL CO (COF 4.8 PERP J) | Common Stock | 300 | $5K | No change |
Total filed on the 13F, all lines: $1.3B.
Portfolio Sells Q4 2024 → Q1 2025
| ANET Arista Networks Inc. | Reduce -5.8% | 0.13% | −0.09 |
| ACN Accenture PLC Class A | Reduce -2.7% | 0.26% | −0.08 |
| CMCSA Comcast Corp. Class A | Reduce -37.9% | 0.09% | −0.08 |
| STZ Constellation Brands Inc. Class A | Reduce -58.0% | 0.03% | −0.07 |
| CMG Chipotle Mexican Grill Inc. | Reduce -16.4% | 0.09% | −0.06 |
| SRE Sempra | Reduce -37.8% | 0.04% | −0.06 |
| LMT Lockheed Martin Corp. | Reduce -7.8% | 0.15% | −0.05 |
| KMB Kimberly-Clark Corp. | Reduce -22.1% | 0.14% | −0.05 |
| KKR KKR & Co. Inc. | Reduce -5.6% | 0.09% | −0.05 |
| IR Ingersoll-Rand Inc. | Reduce -9.6% | 0.10% | −0.04 |
| MRVL Marvell Technology Inc. | Reduce -0.9% | 0.04% | −0.04 |
| DLR Digital Realty Trust Inc. | Reduce -2.7% | 0.08% | −0.04 |
| PWR Quanta Services Inc. | Reduce -11.2% | 0.06% | −0.04 |
| DECK Deckers Outdoor Corp. | Reduce -37.5% | 0.02% | −0.04 |
| TGT Target Corp. | Reduce -0.2% | 0.07% | −0.03 |
| ZTS Zoetis Inc. | Reduce -9.9% | 0.13% | −0.03 |
| PYPL PayPal Holdings Inc. | Reduce -6.8% | 0.05% | −0.03 |
| FDX FedEx Corp. | Reduce -24.9% | 0.04% | −0.03 |
| ILMN Illumina Inc. | Reduce -73.4% | 0.00% | −0.03 |
| FIS Fidelity National Info Serv | Reduce -16.0% | 0.06% | −0.03 |
| WST West Pharmaceutical Services | Reduce -51.5% | 0.01% | −0.03 |
| MANH Manhattan Associates Inc. | Reduce -38.8% | 0.01% | −0.03 |
| FLMI Franklin Dynamic Municipal B | Reduce -7.4% | 0.11% | −0.02 |
| DEO Diageo PLC-Sponsored ADR | Reduce -54.6% | 0.01% | −0.02 |
| SFBS Servisfirst Bancshares Inc. | Reduce -63.9% | 0.01% | −0.02 |
| PCG P G & E Corp. | Reduce -51.2% | 0.01% | −0.02 |
| HON Honeywell International Inc. | Reduce -0.8% | 0.10% | −0.02 |
| PWZ Invesco California Amt-Free | Reduce -27.5% | 0.04% | −0.02 |
| EA Electronic Arts Inc. | Reduce -19.1% | 0.05% | −0.02 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -25.9% | 0.02% | −0.02 |
| VST Vistra Corp. | Reduce -7.1% | 0.05% | −0.02 |
| FISV Fiserv Inc. | Reduce -1.4% | 0.29% | −0.02 |
| VFC VF Corp. | Reduce -6.2% | 0.03% | −0.02 |
| FSLR First Solar Inc. | Reduce -28.1% | 0.02% | −0.02 |
| GKOS Glaukos Corp. | Reduce -38.9% | 0.01% | −0.02 |
| DXCM Dexcom Inc. | Reduce -11.4% | 0.04% | −0.02 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -23.8% | 0.03% | −0.02 |
| WDC Western Digital Corp. | Reduce -11.7% | 0.02% | −0.02 |
| CLX Clorox Company | Reduce -23.9% | 0.03% | −0.02 |
| TTD Trade Desk Inc./the Class A | Reduce -27.3% | 0.01% | −0.02 |
| IFF Intl Flavors & Fragrances | Reduce -10.7% | 0.04% | −0.02 |
| OKE Oneok Inc. | Reduce -2.3% | 0.09% | −0.02 |
| HAIN Hain Celestial Group Inc. | Reduce -93.9% | 0.00% | −0.02 |
| MLN Vaneck Long Muni ETF | Reduce -8.9% | 0.05% | −0.02 |
| AKAM Akamai Technologies Inc. | Reduce -24.8% | 0.02% | −0.02 |
| DOW Dow Inc. | Reduce -24.2% | 0.02% | −0.02 |
| ROIC Retail Opportunity Investmen | Sold out | 0.00% | −0.02 |
| FRT Federal Realty Invs Trust | Reduce -35.8% | 0.01% | −0.01 |
| NDAQ Nasdaq Inc. | Reduce -1.6% | 0.08% | −0.01 |
| PTC PTC Inc. | Reduce -14.3% | 0.03% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| BRK.B Berkshire Hathaway Inc. Class B | Add +42.8% | 1.28% | +0.41 |
| JNJ Johnson & Johnson | Add +48.0% | 0.54% | +0.18 |
| LLY Eli Lilly & Co. | Add +25.8% | 1.12% | +0.17 |
| ABBV Abbvie Inc. | Add +23.8% | 0.77% | +0.17 |
| MCHI iShares MSCI China ETF | Add +26.6% | 0.64% | +0.15 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +99.2% | 0.34% | +0.14 |
| BIV Vanguard Intermediate-Term B | Add +43.4% | 0.57% | +0.13 |
| PM Philip Morris International | Add +26.6% | 0.34% | +0.11 |
| XOM Exxon Mobil Corp. | Add +20.6% | 0.71% | +0.10 |
| UBER Uber Technologies Inc. | Add +319.6% | 0.12% | +0.10 |
| CVX Chevron Corp. | Add +27.3% | 0.41% | +0.09 |
| SUB iShares Short-Term National | Add +27.5% | 0.82% | +0.09 |
| AMGN Amgen Inc. | Add +40.2% | 0.27% | +0.09 |
| MDY State Street SPDR S&P Midcap | Add +888.4% | 0.09% | +0.08 |
| GE General Electric | Add +18.5% | 0.38% | +0.08 |
| KO The Coca-Cola Co. | Add +18.9% | 0.45% | +0.08 |
| V Visa Inc. Class A | Add +9.9% | 1.11% | +0.08 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +459.2% | 0.09% | +0.07 |
| T AT&T Inc. | Add +15.5% | 0.35% | +0.07 |
| CVS CVS Health Corp. | Add +198.5% | 0.09% | +0.07 |
| PGR Progressive Corp. | Add +39.2% | 0.23% | +0.07 |
| RSG Republic Services Inc. | Add +61.6% | 0.17% | +0.07 |
| CFR Cullen/Frost Bankers Inc. | Add +877.5% | 0.08% | +0.07 |
| ABT Abbott Laboratories | Add +17.0% | 0.38% | +0.07 |
| IEMG iShares Core MSCI Emerging | Add +17.5% | 1.01% | +0.07 |
| CI The Cigna Group | Add +79.0% | 0.13% | +0.06 |
| PLTR Palantir Technologies Inc. Class A | Add +76.4% | 0.14% | +0.06 |
| EMB iShares JP Morgan Usd Emergi | Add +37.6% | 0.31% | +0.06 |
| PFF iShares Preferred & Income S | Add +33.5% | 0.44% | +0.06 |
| MA Mastercard Inc. Class A | Add +19.9% | 0.62% | +0.06 |
| ELV Elevance Health Inc. | Add +88.1% | 0.11% | +0.05 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +34.7% | 0.32% | +0.05 |
| ICE Intercontinental Exchange Inc. | Add +42.0% | 0.17% | +0.05 |
| IBM Intl Business Machines Corp. | Add +19.3% | 0.33% | +0.05 |
| PG The Procter & Gamble Co. | Add +22.4% | 0.60% | +0.05 |
| NFLX Netflix Inc. | Add +17.6% | 0.66% | +0.05 |
| GOVT iShares US Treasury Bond ETF | Add +43.5% | 0.24% | +0.05 |
| COR Cencora Inc. | Add +57.0% | 0.12% | +0.05 |
| GILD Gilead Sciences Inc. | Add +24.9% | 0.19% | +0.05 |
| LIN Linde PLC | Add +25.4% | 0.26% | +0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Add +25.1% | 0.18% | +0.04 |
| VTEB Vanguard Tax-Exempt Bond ETF | New | 0.04% | +0.04 |
| HMOP Hartford Municipal Opp ETF | Add +92.9% | 0.11% | +0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +646.5% | 0.05% | +0.04 |
| MCD McDonald's Corp. | Add +25.3% | 0.26% | +0.04 |
| QCOM Qualcomm Inc. | Add +35.4% | 0.24% | +0.04 |
| IBHG iShares Ibonds 2027 HY Inc. | Add +25.8% | 0.39% | +0.04 |
| DRI Darden Restaurants Inc. | Add +124.2% | 0.07% | +0.04 |
| RTX RTX Corp. | Add +12.8% | 0.31% | +0.04 |
| AEP American Electric Power | Add +24.5% | 0.16% | +0.04 |
Notes & Other Activity Q4 2024 → Q1 2025
| HENOF Henkel AG & Co. Kgaa Vor-Pref | Preferred | New | 728 | $59K |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Sold out | 112 | $3Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 4,164 | $2.7B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 4,103 | $2.1B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 4,088 | $2.0B | NVDA, AAPL, MSFT, AMZN, AVGO |
| Q3 2025 | 3,868 | $1.8B | NVDA, MSFT, AAPL, AMZN, AVGO |
| Q2 2025 | 3,764 | $1.6B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025Amended | 3,791 | $1.3B | AAPL, NVDA, MSFT, AMZN, JPM |
| Q4 2024 | 3,774 | $1.2B | AAPL, NVDA, MSFT, AMZN, AVGO |
| Q3 2024 | 3,572 | $1.0B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 3,460 | $733.8M | MSFT, NVDA, AAPL, AMZN, JPM |
| Q1 2024 | 3,320 | $491.0M | MSFT, NVDA, AAPL, AMZN, JPM |