Vega Investment Solutions

Name: VEGA INVESTMENT SOLUTIONS 13F holdings, Q2 2025
Creator: VEGA INVESTMENT SOLUTIONS
Published: 2025-08-13

Q2 2026Q1 2026Q4 2025Q1 2025Q4 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Vega Investment Solutions reported 184 stock positions worth $425.3 million. Its top holding was Procter & Gamble (PG) at 23.9% of the portfolio, followed by Eli Lilly (LLY, 20.4%) and Texas Instruments (TXN, 8.1%). Compared with Q1 2025, it opened 3 new positions, sold out of 21, added to 29 and reduced 131. The biggest buy was Procter & Gamble (PG, shares +1%) and the biggest sale an exit from Fidelity Nasdaq Comp Indx (ONEQ).

Most Recent 13F: Q2 2026
Location: PARIS, I0
CIK: 0002056914
Portfolio Value: $425.3M (Q2 2025)
SEC Filing: 0001104659-25-077563 ↗ filed Aug 13, 2025

Holdings Value

Holdings 184 stocks · $425.3M


PG The Procter & Gamble Co.	23.91%	638,400	$101.7M	Add +1.4%
LLY Eli Lilly & Co.	20.44%	111,542	$87.0M	Reduce -0.9%
TXN Texas Instruments Inc.	8.13%	166,600	$34.6M	Add +1.6%
PPG PPG Industries Inc.	7.81%	291,830	$33.2M	Add +0.3%
MSFT Microsoft Corp.	4.91%	41,953	$20.9M	Reduce -36.0%
NVDA Nvidia Corp.	3.45%	92,789	$14.7M	Reduce -46.9%
PANW Palo Alto Networks Inc.	1.96%	40,634	$8.3M	Reduce -45.5%
AMZN Amazon.com Inc.	1.85%	35,884	$7.9M	Add +9.4%
HPE Hewlett Packard Enterprise	1.82%	378,070	$7.7M	Add +1.6%
GOOG Alphabet Inc. Class C	1.60%	38,452	$6.8M	Reduce -4.0%
RTX RTX Corp.	1.39%	40,500	$5.9M	Reduce -1.8%
AAPL Apple Inc.	1.26%	26,169	$5.4M	Reduce -25.2%
CRM Salesforce Inc.	1.17%	18,297	$5.0M	Reduce -35.3%
GOOGL Alphabet Inc. Class A	1.14%	27,558	$4.9M	Reduce -11.4%
META Meta Platforms Inc. Class A	1.01%	5,837	$4.3M	Add +46.7%
JPM JPMorgan Chase & Co.	0.95%	13,878	$4.0M	Add +23.3%
ISRG Intuitive Surgical Inc.	0.93%	7,265	$3.9M	Reduce -59.2%
AVGO Broadcom Inc.	0.91%	14,063	$3.9M	Reduce -9.6%
SHOP Shopify Inc. Class A	0.76%	27,839	$3.2M	Add +20.9%
SPY SS SPDR S&P 500 ETF Trust-US	0.71%	4,889	$3.0M	No change
ANET Arista Networks Inc.	0.71%	29,350	$3.0M	Add +17.1%
MRVL Marvell Technology Inc.	0.71%	38,758	$3.0M	Add +102.8%
CEG Constellation Energy	0.69%	9,026	$2.9M	Add +31.3%
VRT Vertiv Holdings Co. Class A	0.52%	17,312	$2.2M	Reduce -13.4%
AMD Advanced Micro Devices	0.50%	15,080	$2.1M	Reduce -13.4%
BSX Boston Scientific Corp.	0.46%	18,239	$2.0M	Add +36.4%
CP Canadian Pacific Kansas City	0.45%	24,184	$1.9M	Add +7.3%
TSLA Tesla Inc.	0.43%	5,723	$1.8M	Add +6.0%
COR Cencora Inc.	0.38%	5,424	$1.6M	Reduce -6.3%
UBER Uber Technologies Inc.	0.37%	16,733	$1.6M	Reduce -30.3%
BLK BlackRock Inc.	0.34%	1,395	$1.5M	Add +36.1%
TSM Taiwan Semiconductor-SP ADR	0.33%	6,266	$1.4M	Reduce -85.1%
CAH Cardinal Health Inc.	0.33%	8,429	$1.4M	Add +4.0%
DHR Danaher Corp.	0.32%	6,942	$1.4M	Reduce -76.7%
CAT Caterpillar Inc.	0.32%	3,495	$1.4M	Add +85.3%
NOW ServiceNow Inc.	0.30%	1,258	$1.3M	Add +326.4%
PGR Progressive Corp.	0.30%	4,837	$1.3M	Add +40.1%
CDNS Cadence Design SYS Inc.	0.28%	3,867	$1.2M	Add +13.6%
PH Parker Hannifin Corp.	0.28%	1,705	$1.2M	New
DOCU Docusign Inc.	0.27%	15,005	$1.2M	Reduce -10.3%
MA Mastercard Inc. Class A	0.27%	2,066	$1.2M	Reduce -86.2%
A Agilent Technologies Inc.	0.26%	9,223	$1.1M	Reduce -14.6%
BRK.B Berkshire Hathaway Inc. Class B	0.25%	2,189	$1.1M	Reduce -6.8%
ORCL Oracle Corp.	0.25%	4,807	$1.1M	Reduce -3.9%
TRMB Trimble Inc.	0.24%	13,275	$1.0M	Reduce -11.5%
ARM Arm Holdings PLC-ADR	0.21%	5,600	$906K	Reduce -11.4%
DGX Quest Diagnostics Inc.	0.21%	4,882	$877K	Reduce -6.3%
LNG Cheniere Energy Inc.	0.20%	3,562	$867K	Add +2640.0%
LH Labcorp Holdings Inc.	0.17%	2,746	$721K	Reduce -10.1%
RVTY Revvity Inc.	0.16%	7,243	$701K	Reduce -6.3%
ADSK Autodesk Inc.	0.16%	2,237	$693K	Add +229.9%
FEZ State Street SPDR Euro Stoxx	0.16%	11,654	$691K	No change
WAT Waters Corp.	0.16%	1,949	$680K	Add +17.0%
EPP iShares MSCI Pacific Ex Japa	0.14%	12,362	$610K	No change
HLT Hilton Worldwide Holdings Inc.	0.14%	2,198	$585K	Add +425.8%
TLT iShares 20+ Year Treasury BD	0.13%	6,449	$569K	No change
DXCM Dexcom Inc.	0.13%	6,391	$558K	Reduce -19.4%
IQV Iqvia Holdings Inc.	0.12%	3,368	$531K	Reduce -9.1%
SHY iShares 1-3 Year Treasury Bo	0.12%	6,251	$518K	No change
COO The Cooper Cos Inc.	0.12%	7,275	$518K	Reduce -6.3%
VEEV Veeva Systems Inc. Class A	0.11%	1,626	$468K	Reduce -6.3%
ZTS Zoetis Inc.	0.11%	2,871	$448K	Reduce -6.4%
ELV Elevance Health Inc.	0.11%	1,150	$447K	Reduce -6.3%
SYK Stryker Corp.	0.10%	1,043	$413K	Add +185.0%
ALGN Align Technology Inc.	0.09%	1,951	$369K	Reduce -6.3%
NFLX Netflix Inc.	0.08%	241	$323K	Reduce -13.9%
MELI MercadoLibre Inc.	0.07%	120	$314K	No change
WMT Walmart Inc.	0.07%	3,143	$307K	Add +143.1%
LULU Lululemon Athletica Inc.	0.06%	1,042	$248K	Reduce -6.2%
ABBV Abbvie Inc.	0.03%	735	$136K	Reduce -41.0%
FTNT Fortinet Inc.	0.03%	1,191	$126K	No change
SNPS Synopsys Inc.	0.03%	243	$125K	Reduce -49.4%
MRNA Moderna Inc.	0.02%	3,822	$105K	Reduce -6.3%
TMO Thermo Fisher Scientific Inc.	0.02%	260	$105K	Reduce -97.8%
CTAS Cintas Corp.	0.02%	440	$98K	Add +76.0%
CLH Clean Harbors Inc.	0.02%	404	$93K	Reduce -49.2%
WMB Williams Cos Inc.	0.02%	1,480	$93K	Add +294.7%
ECL Ecolab Inc.	0.02%	339	$91K	Reduce -98.5%
C Citigroup Inc.	0.02%	1,043	$89K	No change
HQY Healthequity Inc.	0.02%	779	$82K	Reduce -49.2%
CRWD CrowdStrike Holdings Inc. Class A	0.02%	160	$81K	Reduce -29.2%
ZS Zscaler Inc.	0.02%	252	$79K	Reduce -52.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.02%	630	$78K	Reduce -24.9%
SNOW Snowflake Inc.	0.02%	346	$77K	Reduce -61.5%
EQIX Equinix Inc.	0.02%	97	$77K	Reduce -51.3%
WCN Waste Connections Inc.	0.02%	293	$75K	Reduce -51.0%
HOLX Hologic Inc.	0.02%	1,062	$69K	Reduce -43.0%
KO The Coca-Cola Co.	0.02%	970	$69K	No change
DLR Digital Realty Trust Inc.	0.01%	355	$62K	Reduce -46.2%
JNJ Johnson & Johnson	0.01%	402	$61K	No change
NDAQ Nasdaq Inc.	0.01%	659	$59K	Reduce -54.8%
CNM Core & Main Inc. Class A	0.01%	958	$58K	Reduce -55.8%
SPGI S&P Global Inc.	0.01%	109	$57K	Reduce -50.9%
STN Stantec Inc.	0.01%	384	$57K	Reduce -61.3%
INTU Intuit Inc.	0.01%	69	$54K	Reduce -51.1%
VRNS Varonis Systems Inc.	0.01%	1,038	$53K	Reduce -47.5%
COST Costco Wholesale Corp.	0.01%	53	$52K	Reduce -49.0%
OSIS Osi Systems Inc.	0.01%	233	$52K	Reduce -46.9%
MSCI MSCI Inc.	0.01%	89	$51K	Reduce -52.1%
ROL Rollins Inc.	0.01%	906	$51K	Reduce -55.0%

Show all 184 holdings

Portfolio Sells Q1 2025 → Q2 2025


ONEQ Fidelity Nasdaq Comp Indx	Sold out	0.00%	−1.98
MA Mastercard Inc. Class A	Reduce -86.2%	0.27%	−1.31
ECL Ecolab Inc.	Reduce -98.5%	0.02%	−1.11
TMO Thermo Fisher Scientific Inc.	Reduce -97.8%	0.02%	−1.10
ROP Roper Technologies Inc.	Reduce -99.4%	0.01%	−1.03
TSM Taiwan Semiconductor-SP ADR	Reduce -85.1%	0.33%	−1.01
EBAY eBay Inc.	Sold out	0.00%	−0.89
DHR Danaher Corp.	Reduce -76.7%	0.32%	−0.86
AWK American Water Works Co. Inc.	Reduce -99.2%	0.01%	−0.84
ISRG Intuitive Surgical Inc.	Reduce -59.2%	0.93%	−0.77
EWJ iShares MSCI Japan ETF	Sold out	0.00%	−0.72
WM Waste Management Inc.	Reduce -99.0%	0.01%	−0.69
NEE Nextera Energy Inc.	Reduce -99.3%	0.01%	−0.64
V Visa Inc. Class A	Sold out	0.00%	−0.64
PANW Palo Alto Networks Inc.	Reduce -45.5%	1.96%	−0.59
XYL Xylem Inc.	Reduce -98.6%	0.01%	−0.52
WTS Watts Water Technologies-A	Sold out	0.00%	−0.34
BALL Ball Corp.	Sold out	0.00%	−0.33
EMR Emerson Electric Co.	Reduce -98.5%	0.01%	−0.30
CRM Salesforce Inc.	Reduce -35.3%	1.17%	−0.29
EW Edwards Lifesciences Corp.	Reduce -98.1%	0.01%	−0.26
TJX TJX Companies Inc.	Sold out	0.00%	−0.25
VLTO Veralto Corp.	Reduce -97.7%	0.01%	−0.25
WMS Advanced Drainage Systems Inc.	Reduce -97.7%	0.01%	−0.24
FSLR First Solar Inc.	Sold out	0.00%	−0.24
AAPL Apple Inc.	Reduce -25.2%	1.26%	−0.22
NVDA Nvidia Corp.	Reduce -46.9%	3.45%	−0.21
AGCO Agco Corp.	Sold out	0.00%	−0.21
ENS Enersys	Sold out	0.00%	−0.13
ENPH Enphase Energy Inc.	Sold out	0.00%	−0.07
UNP Union Pacific Corp.	Sold out	0.00%	−0.06
MCD McDonald's Corp.	Sold out	0.00%	−0.04
UNH Unitedhealth Group Inc.	Reduce -74.8%	0.01%	−0.04
VRTX Vertex Pharmaceuticals Inc.	Reduce -80.3%	0.01%	−0.03
ANSS Ansys Inc.	Sold out	0.00%	−0.02
WCN Waste Connections Inc.	Reduce -51.0%	0.02%	−0.01
ABBV Abbvie Inc.	Reduce -41.0%	0.03%	−0.01
EQIX Equinix Inc.	Reduce -51.3%	0.02%	−0.01
AMGN Amgen Inc.	Sold out	0.00%	−0.01
SNPS Synopsys Inc.	Reduce -49.4%	0.03%	−0.01
GPN Global Payments Inc.	Sold out	0.00%	−0.01
DSGX The Descartes Systems Grp	Reduce -54.4%	0.01%	−0.01
STN Stantec Inc.	Reduce -61.3%	0.01%	−0.01
ROL Rollins Inc.	Reduce -55.0%	0.01%	−0.01
BJ Bj's Wholesale Club Holdings	Reduce -55.6%	0.01%	−0.01
TMUS T-Mobile US Inc.	Reduce -49.6%	0.01%	−0.01
CSGP Costar Group Inc.	Reduce -53.0%	0.01%	−0.01
VZ Verizon Communications Inc.	Reduce -58.3%	0.01%	−0.01
CLH Clean Harbors Inc.	Reduce -49.2%	0.02%	−0.01
MSI Motorola Solutions Inc.	Reduce -49.8%	0.01%	−0.01

Portfolio Buys Q1 2025 → Q2 2025


PG The Procter & Gamble Co.	Add +1.4%	23.91%	+3.19
TXN Texas Instruments Inc.	Add +1.6%	8.13%	+2.44
PPG PPG Industries Inc.	Add +0.3%	7.81%	+1.66
HPE Hewlett Packard Enterprise	Add +1.6%	1.82%	+0.71
AMZN Amazon.com Inc.	Add +9.4%	1.85%	+0.66
META Meta Platforms Inc. Class A	Add +46.7%	1.01%	+0.57
MRVL Marvell Technology Inc.	Add +102.8%	0.71%	+0.48
JPM JPMorgan Chase & Co.	Add +23.3%	0.95%	+0.41
CEG Constellation Energy	Add +31.3%	0.69%	+0.39
SHOP Shopify Inc. Class A	Add +20.9%	0.76%	+0.33
ANET Arista Networks Inc.	Add +17.1%	0.71%	+0.31
PH Parker Hannifin Corp.	New	0.28%	+0.28
NOW ServiceNow Inc.	Add +326.4%	0.30%	+0.26
CAT Caterpillar Inc.	Add +85.3%	0.32%	+0.21
LNG Cheniere Energy Inc.	Add +2640.0%	0.20%	+0.20
BSX Boston Scientific Corp.	Add +36.4%	0.46%	+0.20
BLK BlackRock Inc.	Add +36.1%	0.34%	+0.16
TSLA Tesla Inc.	Add +6.0%	0.43%	+0.16
CP Canadian Pacific Kansas City	Add +7.3%	0.45%	+0.15
ADSK Autodesk Inc.	Add +229.9%	0.16%	+0.13
HLT Hilton Worldwide Holdings Inc.	Add +425.8%	0.14%	+0.12
CAH Cardinal Health Inc.	Add +4.0%	0.33%	+0.12
PGR Progressive Corp.	Add +40.1%	0.30%	+0.12
CDNS Cadence Design SYS Inc.	Add +13.6%	0.28%	+0.09
SYK Stryker Corp.	Add +185.0%	0.10%	+0.07
WMT Walmart Inc.	Add +143.1%	0.07%	+0.05
WAT Waters Corp.	Add +17.0%	0.16%	+0.04
WMB Williams Cos Inc.	Add +294.7%	0.02%	+0.02
CTAS Cintas Corp.	Add +76.0%	0.02%	+0.01
PRCT Procept Biorobotics Corp.	Add +52.0%	0.01%	+0.00
HTO H2O America	New	0.00%	+0.00
UPS United Parcel Service Class B	New	0.00%	+0.00

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	144	$704.5M	LLY, PG, TXN, PPG, HPE
Q1 2026	175	$418.4M	PG, LLY, PPG, TXN, MSFT
Q4 2025	181	$629.2M	LLY, PG, PPG, NVDA, TXN
Q2 2025	184	$425.3M	PG, LLY, TXN, PPG, MSFT
Q1 2025	202	$517.8M	PG, LLY, PPG, TXN, MSFT
Q4 2024	79	$121.5M	MSFT, NVDA, AAPL, PANW, GOOG