Systematic Alpha Investments, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 12, 2024), Systematic Alpha Investments, LLC reported 216 stock positions worth $2.6 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 21.6% of the portfolio, followed by Eli Lilly (LLY, 9.6%) and Vanguard Mrngstr Val ETF-Aui (VTV, 5.5%). Compared with Q1 2024, it opened 3 new positions, sold out of 7 and added to 3. The biggest buy was iShares 20+ Year Treasury BD (TLT, shares +85%) and the biggest sale an exit from Pioneer Natural Resources (PXD).

Most Recent 13F
Q2 2026
Location
PRINCETON, NJ
CIK
0001806755
Portfolio Value
$2.6B (Q2 2024)
SEC Filing
0001806755-24-000004 ↗ filed Aug 12, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.5B Q1 2024 Q2 2024: $2.6B $2.6B Q2 2024 Q3 2024: $2.7B Q3 2024 Q4 2024: $2.7B Q4 2024 Q1 2025: $2.6B Q1 2025 Q2 2025: $2.8B Q2 2025 Q3 2025: $3.0B Q3 2025 Q4 2025: $3.2B Q4 2025 Q1 2026: $2.8B Q1 2026 Q2 2026: $3.7B Q2 2026

Holdings 216 stocks · $2.6B
VOO Vanguard S&P 500 ETF 21.59% 1,132,544 $566.4M No change
LLY Eli Lilly & Co. 9.64% 279,303 $252.9M No change
VTV Vanguard Mrngstr Val ETF-Aui 5.47% 894,868 $143.5M No change
AAPL Apple Inc. 4.63% 576,144 $121.3M No change
MSFT Microsoft Corp. 4.28% 251,402 $112.4M No change
NVDA Nvidia Corp. 4.24% 900,420 $111.2M No change
AMAT Applied Materials Inc. 2.88% 320,128 $75.5M No change
VIG Vanguard Dividend Apprec ETF 2.46% 353,000 $64.4M No change
GOOGL Alphabet Inc. Class A 2.14% 308,600 $56.2M No change
MRK Merck & Co. Inc. 1.94% 410,682 $50.8M No change
VUG Vanguard Mrngstar GR ETF-Sui 1.86% 130,672 $48.9M No change
VGT Vanguard Info Tech ETF 1.81% 82,300 $47.5M No change
TRV The Travelers Cos Inc. 1.67% 215,208 $43.8M No change
AMZN Amazon.com Inc. 1.66% 225,500 $43.6M No change
META Meta Platforms Inc. Class A 1.41% 73,470 $37.0M No change
PEP Pepsico Inc. 1.22% 193,425 $31.9M No change
WM Waste Management Inc. 1.21% 149,216 $31.8M No change
TLT iShares 20+ Year Treasury BD 1.19% 339,500 $31.2M Add +84.5%
RZV Invesco S&P Smallcap 600 Pur 1.16% 306,488 $30.4M No change
UNH Unitedhealth Group Inc. 1.11% 57,323 $29.2M No change
GOOG Alphabet Inc. Class C 1.11% 158,760 $29.1M No change
MA Mastercard Inc. Class A 1.01% 59,876 $26.4M No change
HD Home Depot Inc. 0.99% 75,320 $25.9M No change
MCD McDonald's Corp. 0.93% 96,001 $24.5M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.87% 42,170 $22.9M No change
UNP Union Pacific Corp. 0.81% 93,348 $21.1M No change
ALL Allstate Corp. 0.77% 126,941 $20.3M No change
MET Metlife Inc. 0.75% 280,471 $19.7M No change
AEP American Electric Power 0.73% 217,000 $19.0M No change
KMB Kimberly-Clark Corp. 0.69% 131,859 $18.2M No change
TGT Target Corp. 0.65% 114,786 $17.0M No change
ABBV Abbvie Inc. 0.64% 98,285 $16.9M No change
AVY Avery Dennison Corp. 0.59% 70,644 $15.4M No change
CSCO Cisco Systems Inc. 0.57% 314,568 $14.9M No change
RTX RTX Corp. 0.51% 134,190 $13.5M No change
YUM Yum! Brands Inc. 0.50% 99,234 $13.1M No change
TMUS T-Mobile US Inc. 0.49% 73,020 $12.9M No change
ES Eversource Energy 0.49% 226,152 $12.8M No change
VZ Verizon Communications Inc. 0.49% 308,920 $12.7M No change
BMY Bristol-Myers Squibb Co. 0.47% 296,292 $12.3M No change
SLF Sun Life Financial Inc. 0.47% 250,808 $12.3M No change
PFE Pfizer Inc. 0.45% 424,515 $11.9M No change
AVGO Broadcom Inc. 0.45% 73,551 $11.8M Add +899.9%
LRCX Lam Research Corp. 0.44% 10,889 $11.6M No change
NFLX Netflix Inc. 0.43% 16,761 $11.3M No change
KO The Coca-Cola Co. 0.42% 172,300 $11.0M No change
XLF SS Financial Select Sector 0.39% 248,410 $10.2M No change
MO Altria Group Inc. 0.37% 212,638 $9.7M No change
EIX Edison International 0.36% 130,188 $9.3M No change
TFC Truist Financial Corp. 0.35% 233,937 $9.1M No change
AMD Advanced Micro Devices 0.34% 54,613 $8.9M No change
AAMI Acadian Asset Management Inc. filed as BRIGHTSPHERE INVT GROUP INC 0.31% 370,108 $8.2M No change
UL Unilever PLC 0.31% 147,881 $8.1M No change
JPM JPMorgan Chase & Co. 0.28% 36,804 $7.4M No change
MCHP Microchip Technology Inc. 0.28% 79,000 $7.2M No change
AGG iShares Core U.S. Aggregate 0.27% 72,000 $7.0M No change
INTC Intel Corp. 0.25% 215,388 $6.7M No change
SPYD SS SPDR P S&P 500 Hi Div ETF 0.23% 147,601 $5.9M No change
SLM SLM Corp. 0.22% 277,906 $5.8M No change
SPYG SS SPDR P S&P 500 Growth ETF 0.21% 70,000 $5.6M No change
TSLA Tesla Inc. 0.21% 27,229 $5.4M No change
ADBE Adobe Inc. 0.17% 8,120 $4.5M No change
QCOM Qualcomm Inc. 0.17% 22,342 $4.5M No change
CRM Salesforce Inc. 0.15% 15,624 $4.0M No change
LDOS Leidos Holdings Inc. 0.12% 21,781 $3.2M No change
WMT Walmart Inc. 0.11% 44,100 $3.0M No change
BEN Franklin Templeton Inc. 0.11% 126,200 $2.8M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.10% 67,508 $2.7M No change
PSA Public Storage 0.10% 9,030 $2.6M No change
FCX Freeport-McMoran Inc. 0.10% 53,157 $2.6M No change
CMG Chipotle Mexican Grill Inc. 0.09% 39,100 $2.4M No change
FANG Diamondback Energy Inc. 0.09% 12,013 $2.4M No change
MDT Medtronic PLC 0.09% 29,701 $2.3M No change
SO The Southern Co. 0.09% 30,000 $2.3M No change
CVX Chevron Corp. 0.09% 14,854 $2.3M No change
V Visa Inc. Class A 0.09% 8,673 $2.3M No change
RCL Royal Caribbean Cruises Ltd. 0.08% 13,214 $2.1M No change
ANET Arista Networks Inc. 0.08% 5,824 $2.0M No change
ORLY O'reilly Automotive Inc. 0.07% 1,800 $1.9M No change
IVZ Invesco Ltd. 0.07% 126,193 $1.9M No change
HPQ HP Inc. 0.07% 53,000 $1.9M No change
BA The Boeing Co. 0.07% 10,038 $1.8M No change
OTIS Otis Worldwide Corp. 0.07% 18,610 $1.8M No change
MS Morgan Stanley 0.06% 17,326 $1.7M No change
BSX Boston Scientific Corp. 0.06% 21,760 $1.7M No change
CARR Carrier Global Corp. 0.06% 25,789 $1.6M No change
KLAC KLA Corp. 0.06% 1,961 $1.6M No change
VFC VF Corp. 0.06% 116,777 $1.6M No change
QQQ Invesco QQQ Trust Series 1 0.06% 3,130 $1.5M No change
MAR Marriott International Class A 0.06% 6,143 $1.5M No change
GS Goldman Sachs Group Inc. 0.06% 3,194 $1.4M No change
PHM Pultegroup Inc. 0.05% 13,088 $1.4M No change
APA Apa Corp. 0.05% 48,003 $1.4M No change
PBI Pitney Bowes Inc. 0.05% 275,000 $1.4M No change
CE Celanese Corp. 0.05% 10,000 $1.3M No change
BRC Brady Corporation Class A 0.05% 20,200 $1.3M No change
MGM MGM Resorts International 0.05% 29,270 $1.3M No change
LEN Lennar Corp. Class A 0.05% 8,639 $1.3M No change
ALGN Align Technology Inc. 0.05% 5,266 $1.3M No change
TMO Thermo Fisher Scientific Inc. 0.05% 2,296 $1.3M No change
TER Teradyne Inc. 0.05% 8,500 $1.3M No change
SNPS Synopsys Inc. 0.05% 2,053 $1.2M No change
WDC Western Digital Corp. 0.05% 16,000 $1.2M No change
SSNHZ Samsung Electr-GDR Reg S 0.05% 800 $1.2M No change
NUE Nucor Corp. 0.04% 7,020 $1.1M No change
MPC Marathon Petroleum Corp. 0.04% 6,315 $1.1M No change
URI United Rentals Inc. 0.04% 1,674 $1.1M No change
CPRT Copart Inc. 0.04% 18,972 $1.0M No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.04% 21,425 $1.0M No change
F Ford Motor Co. filed as FORD MTR CO DEL 0.04% 79,942 $1.0M No change
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.04% 23,000 $1.0M No change
NOW ServiceNow Inc. 0.04% 1,247 $981K No change
CI The Cigna Group 0.04% 2,821 $933K No change
DECK Deckers Outdoor Corp. 0.03% 900 $871K No change
ELV Elevance Health Inc. 0.03% 1,597 $865K No change
OGN Organon & Co. 0.03% 41,067 $850K No change
BKR Baker Hughes Co. 0.03% 23,912 $841K No change
CDNS Cadence Design SYS Inc. 0.03% 2,498 $769K No change
TSM Taiwan Semiconductor-SP ADR 0.03% 4,400 $765K No change
MRO Marathon Oil Corp. 0.03% 26,098 $748K No change
CBRE CBRE Group Inc. Class A 0.03% 8,328 $742K No change
NOC Northrop Grumman Corp. 0.03% 1,700 $741K No change
HES Hess Corp. 0.03% 4,980 $735K No change
RJF Raymond James Financial Inc. 0.03% 5,700 $705K No change
XOM Exxon Mobil Corp. 0.03% 6,040 $695K New
TOL Toll Brothers Inc. 0.03% 5,900 $680K No change
GE General Electric filed as GE AEROSPACE 0.03% 4,243 $675K No change
NWSA News Corp. Class A 0.02% 23,740 $655K No change
LNC Lincoln National Corp. 0.02% 20,738 $645K No change
MGY Magnolia Oil & Gas Corp. Class A 0.02% 25,400 $644K No change
PWR Quanta Services Inc. 0.02% 2,493 $633K No change
HSY The Hershey Co. 0.02% 3,401 $625K No change
FTNT Fortinet Inc. 0.02% 10,360 $624K No change
SDY SS SPDR S&P Dividend ETF 0.02% 4,800 $610K No change
CHE Chemed Corp. 0.02% 1,100 $597K No change
RF Regions Financial Corp. 0.02% 29,615 $593K No change
NSIT Insight Enterprises Inc. 0.02% 2,950 $585K No change
FCFS Firstcash Holdings Inc. 0.02% 5,500 $577K No change
ATKR Atkore Inc. 0.02% 4,200 $567K No change
VTRS Viatris Inc. 0.02% 52,731 $561K No change
IX Orix - Sponsored ADR filed as ORIX CORP 0.02% 4,962 $552K No change
BRK.B Berkshire Hathaway Inc. Class B 0.02% 1,346 $548K No change
HLT Hilton Worldwide Holdings Inc. 0.02% 2,438 $532K No change
COP Conocophillips 0.02% 4,610 $527K No change
MCK McKesson Corp. 0.02% 900 $526K No change
BABA Alibaba Group Holding-SP ADR 0.02% 7,100 $511K No change
ALSN Allison Transmission Holding 0.02% 6,600 $501K No change
KR Kroger Co. 0.02% 9,700 $484K No change
EEFT Euronet Worldwide Inc. 0.02% 4,600 $476K No change
CTS CTS Corp. 0.02% 9,360 $474K No change
DVN Devon Energy Corp. 0.02% 9,918 $470K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 4,731 $470K No change
HAL Halliburton Co. 0.02% 13,816 $467K No change
KNSL Kinsale Capital Group Inc. 0.02% 1,200 $462K No change
ISRG Intuitive Surgical Inc. 0.02% 1,029 $458K No change
GEN Gen Digital Inc. 0.02% 17,776 $444K No change
ETSY Etsy Inc. 0.02% 7,528 $444K No change
VWO Vanguard Ftse Emerging Marke 0.02% 10,115 $443K No change
WBA Walgreens Boots Alliance Inc. 0.02% 36,400 $440K No change
CPB The Campbell's Company filed as CAMPBELL SOUP CO 0.02% 9,500 $429K No change
EEM iShares MSCI Emerging Market 0.02% 10,018 $427K No change
SKM SK Telecom Co. Ltd.-Spon ADR 0.02% 19,900 $417K No change
EBAY eBay Inc. 0.02% 7,580 $407K No change
CNC Centene Corp. 0.02% 6,134 $407K No change
BBWI Bath & Body Works Inc. 0.02% 10,370 $405K No change
CTVA Corteva Inc. 0.02% 7,400 $399K No change
DOX Amdocs Ltd. 0.01% 4,700 $371K No change
UFPI Ufp Industries Inc. 0.01% 3,200 $358K No change
ADI Analog Devices Inc. 0.01% 1,567 $358K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 2,040 $353K No change
AMT American Tower Corp. 0.01% 1,764 $343K No change
WBS Webster Financial Corp. 0.01% 7,792 $340K No change
MOS The Mosaic Co. 0.01% 11,633 $336K No change
PVH PVH Corp. 0.01% 3,169 $336K No change
TKO Tko Group Holdings Inc. 0.01% 3,100 $335K No change
PYPL PayPal Holdings Inc. 0.01% 5,761 $334K No change
DFS Discover Financial Services 0.01% 2,547 $333K No change
NWS News Corp. Class B 0.01% 11,500 $326K No change
IBN Icici Bank Ltd.-Spon ADR 0.01% 11,300 $326K No change
MU Micron Technology Inc. 0.01% 2,461 $324K No change
IR Ingersoll-Rand Inc. 0.01% 3,562 $324K No change
NWL Newell Brands Inc. 0.01% 50,000 $321K No change
ALB Albemarle Corp. 0.01% 3,237 $309K No change
COF Capital One Financial Corp. 0.01% 2,181 $302K No change
DHR Danaher Corp. 0.01% 1,205 $301K No change
IVV iShares Core S&P 500 ETF 0.01% 544 $298K No change
DXC DXC Technology Co. 0.01% 15,578 $297K No change
TGLS Tecnoglass Holdings Inc. 0.01% 5,900 $296K No change
EA Electronic Arts Inc. 0.01% 2,020 $281K No change
STT State Street Corp. 0.01% 3,798 $281K No change
ASO Academy Sports & Outdoors Inc. 0.01% 5,100 $272K No change
C Citigroup Inc. 0.01% 4,238 $269K No change
DOW Dow Inc. 0.01% 5,020 $266K No change
PGR Progressive Corp. 0.01% 1,257 $261K No change
JCI Johnson Controls Internation 0.01% 3,909 $260K No change
QRVO Qorvo Inc. 0.01% 2,160 $251K No change
LIN Linde PLC 0.01% 564 $247K No change
EW Edwards Lifesciences Corp. 0.01% 2,670 $247K No change
DXCM Dexcom Inc. 0.01% 2,172 $246K No change
UAL United Airlines Holdings Inc. 0.01% 5,047 $246K No change
BKZHY Erste Bank Polska-Unsp ADR filed as Santander Bank Polska SA Unsponsored ADR 0.01% 9,000 $242K No change
NCLH Norwegian Cruise Line Holdin 0.01% 12,708 $239K No change
HCA HCA Healthcare Inc. 0.01% 738 $237K No change
EXPE Expedia Group Inc. 0.01% 1,837 $231K No change
IMMR Immersion Corporation 0.01% 24,400 $230K No change
WAL Western Alliance Bancorp 0.01% 3,620 $227K No change
LPLA LPL Financial Holdings Inc. 0.01% 760 $212K No change
DRI Darden Restaurants Inc. 0.01% 1,380 $209K No change
KEY Keycorp 0.01% 14,601 $207K No change
ODFL Old Dominion Freight Line 0.01% 1,162 $205K No change
KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC 0.01% 3,600 $204K New
SPGI S&P Global Inc. 0.01% 452 $202K New
HMY Harmony Gold MNG-Spon ADR 0.01% 21,600 $198K No change
PARAA Paramount Global Class B 0.00% 10,428 $108K No change
BIGGQ Big Lots Inc. 0.00% 46,600 $81K No change
CIG.C Cia Energetica DE-Spon ADR 0.00% 18,200 $43K Add +30.0%

Portfolio Sells Q1 2024 → Q2 2024
PXD Pioneer Natural Resources Co. Sold out 0.00% −0.04
RDY Dr. Reddy's Laboratories-ADR Sold out 0.00% −0.01
UMC United Microelectron-SP ADR Sold out 0.00% −0.01
DOOR Masonite International Corp. Sold out 0.00% −0.01
LKQ LKQ Corp. Sold out 0.00% −0.01
LOW Lowe's Cos Inc. Sold out 0.00% −0.01
PAYC Paycom Software Inc. Sold out 0.00% −0.01

Portfolio Buys Q1 2024 → Q2 2024
TLT iShares 20+ Year Treasury BD Add +84.5% 1.19% +0.49
AVGO Broadcom Inc. Add +899.9% 0.45% +0.06
XOM Exxon Mobil Corp. New 0.03% +0.03
KB KB Financial Group Inc.-ADR New 0.01% +0.01
SPGI S&P Global Inc. New 0.01% +0.01
CIG.C Cia Energetica DE-Spon ADR Add +30.0% 0.00% 0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 233$3.7BVOO, LLY, AMAT, VTV, NVDA
Q1 2026 234$2.8BVOO, VTV, NVDA, AAPL, AMAT
Q4 2025 229$3.2BVOO, LLY, VTV, NVDA, AAPL
Q3 2025 227$3.0BVOO, LLY, NVDA, VTV, AAPL
Q2 2025 230$2.8BVOO, LLY, VTV, NVDA, MSFT
Q1 2025 222$2.6BVOO, LLY, VTV, AAPL, NVDA
Q4 2024 228$2.7BVOO, LLY, VTV, AAPL, NVDA
Q3 2024 222$2.7BVOO, LLY, VTV, AAPL, NVDA
Q2 2024 216$2.6BVOO, LLY, VTV, AAPL, MSFT
Q1 2024 220$2.5BVOO, LLY, VTV, MSFT, AAPL