VEGA INVESTMENT SOLUTIONS

Fundamental diversified ★Signal CIK 2056914
League rank
#86
in Fundamental diversified · #390 overall
Long book
$418.4M
Q1 2026
Positions
175
Top-10 weight
75%
concentration
Last quarter
+23.1%
SPY +14.8%
Turnover
14%
of book per quarter

Strategy in plain words

auto-generated from filings

VEGA INVESTMENT SOLUTIONS is a diversified fundamental manager, running a $418.4M US long book across 175 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: PROCTER & GAMBLE CO/THE, ELI LILLY & CO, PPG INDUSTRIES INC, TEXAS INSTRUMENTS INC, MICROSOFT CORP.

Over the last 5 quarters its long book ran on average 1.4pp per quarter behind the S&P 500, beating the index in 1 of 5 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2024
-8.9%
Q1 2025
+7.1%
Q2 2025
+1.3%
Q4 2025
-4.5%
Q1 2026
+23.1%

Sector allocation

Technology
33%
Other
31%
Healthcare
25%
Consumer discretionary
4%
Industrials
3%
Financials
2%
Utilities
1%
Services media
1%

Long book by quarter

$121.5M
Q4 2024
$517.8M
Q1 2025
$425.3M
Q2 2025
$629.2M
Q4 2025
$418.4M
Q1 2026

What does VEGA INVESTMENT own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
PG PROCTER & GAMBLE CO/THEOther650.0K$93.9M22.4%-2.4%
LLY ELI LILLY & COHealthcare91.9K$84.5M20.2%-5.3%
PPG PPG INDUSTRIES INCOther320.4K$34.2M8.2%+2.5%
TXN TEXAS INSTRUMENTS INCTechnology153.1K$29.7M7.1%-7.9%
MSFT MICROSOFT CORPTechnology48.3K$17.9M4.3%+6.1%
NVDA NVIDIA CORPTechnology73.5K$12.8M3.1%-53.4%
AAPL APPLE INCTechnology47.2K$12.0M2.9%-0.2%
GOOG ALPHABET INC-CL CTechnology41.0K$11.8M2.8%-53.4%
AMZN AMAZON.COM INCConsumer discretionary42.5K$8.9M2.1%+1.2%
HPE HEWLETT PACKARD ENTERPRISETechnology359.2K$8.6M2.0%Held
RTX RTX CORPIndustrials40.7K$7.9M1.9%-1.9%
GOOGL ALPHABET INC-CL ATechnology23.0K$6.6M1.6%-7.4%
AVGO BROADCOM INCTechnology19.7K$6.1M1.5%+6.2%
META META PLATFORMS INC-CLASS ATechnology8.2K$4.7M1.1%+9.7%
PANW PALO ALTO NETWORKS INCTechnology28.4K$4.5M1.1%-61.4%
ANET ARISTA NETWORKS INCTechnology33.0K$4.1M1.0%-3.0%
JPM JPMORGAN CHASE & COFinancials13.7K$4.0M1.0%-14.3%
ISRG INTUITIVE SURGICAL INCHealthcare8.5K$3.9M0.9%-3.8%
VRT VERTIV HOLDINGS CO-ATechnology12.9K$3.2M0.8%Held
CEG CONSTELLATION ENERGYUtilities9.6K$2.7M0.6%+5.7%
MRVL MARVELL TECHNOLOGY INCTechnology25.8K$2.6M0.6%Held
COR CENCORA INCConsumer discretionary7.9K$2.5M0.6%-3.1%
AMD ADVANCED MICRO DEVICESTechnology12.1K$2.5M0.6%-4.1%
CAH CARDINAL HEALTH INCConsumer discretionary11.6K$2.5M0.6%-3.1%
ORCL ORACLE CORPTechnology13.8K$2.0M0.5%-0.1%
DHR DANAHER CORPTechnology9.9K$1.9M0.4%-3.0%
CAT CATERPILLAR INCIndustrials2.6K$1.8M0.4%+243.2%
MRK MERCK & CO. INC.Healthcare14.9K$1.8M0.4%+9.1%
CDNS CADENCE DESIGN SYS INCTechnology6.4K$1.8M0.4%+564.0%
PH PARKER HANNIFIN CORPIndustrials1.8K$1.6M0.4%-19.8%
REGN REGENERON PHARMACEUTICALSHealthcare2.1K$1.6M0.4%-83.8%
ABBV ABBVIE INCHealthcare7.1K$1.5M0.4%+5.7%
CRWD CROWDSTRIKE HOLDINGS INC - ATechnology3.8K$1.5M0.4%+293.8%
DGX QUEST DIAGNOSTICS INCHealthcare6.7K$1.3M0.3%-3.1%
WMT WALMART INCConsumer discretionary10.1K$1.3M0.3%-92.1%
WMB WILLIAMS COS INCUtilities16.4K$1.2M0.3%+506.3%
A AGILENT TECHNOLOGIES INCHealthcare10.1K$1.2M0.3%-3.8%
BLK BLACKROCK INCFinancials1.1K$1.1M0.3%-33.3%
IBM INTL BUSINESS MACHINES CORPTechnology4.2K$1.0M0.2%+196.7%
LH LABCORP HOLDINGS INCHealthcare3.7K$992K0.2%-3.0%
SCCO SOUTHERN COPPER CORPMaterials5.5K$945K0.2%-31.1%
WAT WATERS CORPHealthcare3.0K$881K0.2%-3.1%
RVTY REVVITY INCHealthcare10.0K$874K0.2%-3.1%
AKAM AKAMAI TECHNOLOGIES INCServices media7.5K$861K0.2%New
CLS CELESTICA INCTechnology3.0K$845K0.2%New
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials1.7K$804K0.2%Held
INTC INTEL CORPTechnology18.0K$794K0.2%-92.1%
TJX TJX COMPANIES INCConsumer discretionary4.8K$771K0.2%+543.7%
COO COOPER COS INC/THEHealthcare10.0K$716K0.2%-3.1%
HLT HILTON WORLDWIDE HOLDINGS INServices media2.2K$661K0.2%-45.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 2026175$418.4M canonicalSEC ↗
Q4 202513F-HRFeb 13, 2026181$629.2M canonicalSEC ↗
Q2 202513F-HRAug 13, 2025184$425.3M canonicalSEC ↗
Q1 202513F-HRMay 14, 2025202$517.8M canonicalSEC ↗
Q4 202413F-HRFeb 18, 202579$121.5M canonicalSEC ↗