Lazari Capital Management, Inc.

Name: LAZARI CAPITAL MANAGEMENT, INC. 13F holdings, Q4 2024
Creator: LAZARI CAPITAL MANAGEMENT, INC.
Published: 2025-01-24

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 24, 2025), Lazari Capital Management, Inc. reported 153 stock positions worth $250.9 million. Its top holding was Apple (AAPL) at 17.5% of the portfolio, followed by Meta Platforms Class A (META, 8.2%) and Amazon.com (AMZN, 7.0%). Compared with Q3 2024, it opened 7 new positions, sold out of 13, added to 64 and reduced 61. The biggest buy was Apple (AAPL, shares +19%) and the biggest sale WYNN Resorts (WYNN, shares −32%).

Most Recent 13F: Q2 2026
Location: WOODLAND HILLS, CA
CIK: 0001986389
Portfolio Value: $250.9M (Q4 2024)
SEC Filing: 0001986389-25-000001 ↗ filed Jan 24, 2025

Holdings Value

Holdings 153 stocks · $250.9M


AAPL Apple Inc.	17.52%	175,482	$43.9M	Add +18.8%
META Meta Platforms Inc. Class A	8.21%	35,179	$20.6M	Add +1.1%
AMZN Amazon.com Inc.	7.02%	80,233	$17.6M	Add +6.8%
NVDA Nvidia Corp.	5.89%	109,980	$14.8M	Add +35.3%
UBER Uber Technologies Inc.	4.80%	199,482	$12.0M	Add +1.1%
GOOGL Alphabet Inc. Class A	3.94%	52,185	$9.9M	Reduce -1.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO	2.86%	64,323	$7.2M	Reduce -14.0%
MSFT Microsoft Corp.	2.70%	16,078	$6.8M	Add +1.8%
BP BP PLC-Spons ADR	2.28%	193,876	$5.7M	Add +49.5%
BA The Boeing Co.	2.02%	28,599	$5.1M	Add +23.8%
TSLA Tesla Inc.	1.88%	11,678	$4.7M	Add +4.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP	1.73%	98,637	$4.3M	Reduce -0.6%
NFLX Netflix Inc.	1.38%	3,890	$3.5M	Reduce -0.0%
VTI VG Morningstar TS MKT ETF-US	1.35%	11,716	$3.4M	Reduce -22.4%
ABBV Abbvie Inc.	1.17%	16,507	$2.9M	Reduce -5.2%
AVGO Broadcom Inc.	1.08%	11,666	$2.7M	Add +13.8%
AMD Advanced Micro Devices	0.99%	20,536	$2.5M	Add +21.9%
VZ Verizon Communications Inc.	0.98%	61,450	$2.5M	Reduce -12.3%
STIP iShares 0-5 Year Tips Bond E	0.94%	23,447	$2.4M	Add +14.0%
SPY SS SPDR S&P 500 ETF Trust-US	0.89%	3,824	$2.2M	Add +0.9%
JPM JPMorgan Chase & Co.	0.88%	9,205	$2.2M	Add +0.8%
IVV iShares Core S&P 500 ETF	0.87%	3,701	$2.2M	Reduce -16.8%
XOM Exxon Mobil Corp.	0.85%	19,792	$2.1M	Reduce -1.5%
WYNN WYNN Resorts Ltd.	0.84%	24,559	$2.1M	Reduce -32.1%
SRE Sempra	0.84%	23,984	$2.1M	Add +0.1%
QQQ Invesco QQQ Trust Series 1	0.79%	3,892	$2.0M	Reduce -17.8%
AGG iShares Core U.S. Aggregate	0.78%	20,219	$2.0M	Add +42.2%
V Visa Inc. Class A	0.75%	5,934	$1.9M	Add +7.4%
CRM Salesforce Inc.	0.73%	5,506	$1.8M	Add +1.2%
SBUX Starbucks Corp.	0.62%	17,098	$1.6M	Reduce -5.0%
WFC Wells Fargo & Co.	0.54%	19,164	$1.3M	Reduce -7.4%
T AT&T Inc.	0.52%	57,403	$1.3M	Reduce -1.4%
COP Conocophillips	0.51%	13,006	$1.3M	Add +1.1%
PYPL PayPal Holdings Inc.	0.47%	13,835	$1.2M	Reduce -36.6%
BMY Bristol-Myers Squibb Co.	0.46%	20,414	$1.2M	Reduce -9.2%
AXP American Express Co.	0.43%	3,606	$1.1M	Add +0.8%
WMT Walmart Inc.	0.41%	11,436	$1.0M	Add +2.8%
XLE SS Energy Select Sector	0.41%	11,912	$1.0M	Add +1.2%
MA Mastercard Inc. Class A	0.40%	1,884	$992K	Add +1.1%
MO Altria Group Inc.	0.39%	18,871	$987K	Add +1.5%
DVN Devon Energy Corp.	0.39%	29,832	$976K	Reduce -7.9%
IEFA iShares Core MSCI Eafe ETF	0.38%	13,453	$945K	Reduce -37.9%
JNJ Johnson & Johnson	0.36%	6,277	$908K	Add +4.3%
MESO Mesoblast Ltd.- Spon ADR	0.36%	45,467	$900K	No change
LLY Eli Lilly & Co.	0.36%	1,158	$894K	Add +124.8%
C Citigroup Inc.	0.34%	12,277	$864K	Reduce -2.9%
PFE Pfizer Inc.	0.34%	32,229	$855K	Add +45.0%
BABA Alibaba Group Holding-SP ADR	0.34%	10,050	$852K	Reduce -0.6%
HD Home Depot Inc.	0.34%	2,182	$849K	Add +1.8%
COST Costco Wholesale Corp.	0.31%	845	$774K	Add +5.9%
MAR Marriott International Class A	0.31%	2,768	$772K	Reduce -1.9%
IGSB iShares 1-5Y Inv Grade Corp.	0.30%	14,652	$758K	Add +65.3%
FBND Fidelity Total Bond ETF	0.29%	16,226	$728K	Reduce -26.8%
GS Goldman Sachs Group Inc.	0.29%	1,252	$717K	Reduce -5.6%
RTX RTX Corp.	0.28%	6,150	$712K	Add +1.3%
BRK.B Berkshire Hathaway Inc. Class B	0.28%	1,561	$708K	Add +2.1%
VFMO Vanguard US Momentum Factor	0.28%	4,296	$706K	Reduce -35.5%
VMC Vulcan Materials Co.	0.27%	2,673	$688K	No change
MS Morgan Stanley	0.27%	5,447	$685K	Reduce -0.7%
DFSV Dimensional US Small Cap Val	0.27%	21,894	$674K	Reduce -28.8%
SHOP Shopify Inc. Class A	0.27%	6,315	$671K	Add +1.4%
GSK GSK PLC-Spon ADR	0.26%	19,412	$657K	Reduce -0.7%
CVX Chevron Corp.	0.26%	4,507	$653K	Add +7.4%
IJR iShares Core S&P Small-Cap E	0.26%	5,606	$646K	Reduce -1.4%
TRGP Targa Resources Corp.	0.25%	3,499	$625K	No change
AMGN Amgen Inc.	0.25%	2,373	$619K	Reduce -0.4%
SCHW Schwab (charles) Corp.	0.25%	8,314	$615K	Reduce -6.0%
ORCL Oracle Corp.	0.25%	3,691	$615K	Reduce -7.1%
LQD Ishr Ibx Usd Invgd CB ETF-Ui	0.24%	5,593	$598K	Add +36.9%
GOOG Alphabet Inc. Class C	0.23%	3,094	$589K	Add +5.7%
F Ford Motor Co. filed as FORD MTR CO	0.22%	56,577	$560K	Reduce -7.7%
OXY Occidental Petroleum Corp.	0.22%	11,261	$556K	Reduce -6.2%
MCD McDonald's Corp.	0.22%	1,871	$542K	Reduce -4.3%
CAT Caterpillar Inc.	0.21%	1,443	$523K	Add +2.6%
CVBF CVB Financial Corp.	0.21%	24,376	$522K	No change
BND Vanguard Total Bond Market	0.20%	7,118	$512K	Reduce -32.0%
SPG Simon Property Group Inc.	0.20%	2,962	$510K	Add +2.8%
GE General Electric filed as GE AEROSPACE	0.19%	2,784	$464K	Add +1.2%
MCK McKesson Corp.	0.18%	777	$443K	New
XHR Xenia Hotels & Resorts Inc.	0.17%	28,572	$425K	Reduce -26.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.17%	1,923	$423K	Add +2.0%
PG The Procter & Gamble Co.	0.16%	2,442	$409K	Add +2.0%
HON Honeywell International Inc.	0.16%	1,774	$401K	New
XYZ Block Inc.	0.16%	4,587	$390K	Reduce -4.2%
MGK Vngrd Mrgstr MG CP GR ETF-Ui	0.16%	1,133	$389K	Reduce -54.4%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC	0.15%	3,267	$384K	No change
ASML ASML Holding NV-NY Reg SHS	0.15%	550	$381K	Add +8.5%
TSM Taiwan Semiconductor-SP ADR	0.15%	1,883	$372K	Add +29.3%
VOO Vanguard S&P 500 ETF	0.15%	680	$367K	Add +9.3%
XNCMX Nuveen Ca Amt-FR Muni Inc.	0.14%	28,761	$364K	No change
DISV Dimensional International SM	0.14%	13,339	$354K	Reduce -33.6%
BXP BXP Inc.	0.14%	4,654	$346K	Add +54.4%
GILD Gilead Sciences Inc.	0.13%	3,463	$320K	Reduce -68.9%
TEVA Teva Pharmaceutical-SP ADR	0.13%	14,508	$320K	Reduce -7.1%
IYE iShares U.S. Energy ETF	0.13%	6,950	$317K	No change
GLD SPDR Gold Shares	0.12%	1,293	$313K	Add +7.6%
EME Emcor Group Inc.	0.12%	672	$305K	Add +8.7%
AMLP Alerian MLP ETF	0.12%	6,280	$302K	No change
PM Philip Morris International	0.12%	2,502	$301K	Add +2.0%
UYG Proshares Ultra Financials	0.12%	3,510	$300K	No change
DIREXION DLY S&P 500 BEAR 3X	0.12%	46,900	$295K	Add +44.1%
PFF iShares Preferred & Income S	0.12%	9,317	$293K	No change
ABNB Airbnb Inc. Class A	0.11%	2,150	$283K	Reduce -9.2%
IYH iShares U.S. Healthcare ETF	0.11%	4,832	$282K	Add +4.8%
MRK Merck & Co. Inc.	0.11%	2,788	$277K	Reduce -1.8%
TGT Target Corp.	0.11%	2,034	$275K	Add +21.7%
DUK Duke Energy Corp.	0.11%	2,530	$273K	Add +4.5%
MGV Vngrd Mrgstr MG CP VL ETF-Ui	0.11%	2,171	$271K	Reduce -58.0%
GERN Geron Corp.	0.11%	76,424	$271K	Add +11.7%
VHT Vanguard Health Care ETF	0.11%	1,065	$270K	Add +0.8%
PEP Pepsico Inc.	0.11%	1,755	$267K	Reduce -1.4%
IMTM iShares MSCI Intl Momentum F	0.11%	7,098	$265K	Reduce -40.5%
SO The Southern Co.	0.10%	3,194	$263K	Add +2.4%
KMB Kimberly-Clark Corp.	0.10%	1,983	$260K	Reduce -1.7%
XEL Xcel Energy Inc.	0.10%	3,842	$259K	Add +0.2%
PLTR Palantir Technologies Inc. Class A	0.10%	3,412	$258K	New
VUG Vanguard Mrngstar GR ETF-Sui	0.10%	622	$255K	Reduce -3.1%
RSPT Invesco S&P 500 Equal Weight	0.10%	6,816	$255K	Reduce -5.0%
SLV iShares Silver Trust	0.10%	9,660	$254K	Add +11.6%
IEMG iShares Core MSCI Emerging	0.10%	4,829	$252K	Reduce -48.9%
IJK iShares S&P Mid-Cap 400 Grow	0.10%	2,771	$252K	Reduce -0.7%
IEF iShares 7-10 Year Treasury B	0.10%	2,674	$247K	New
FICO Fair Isaac Corp.	0.10%	124	$247K	Reduce -3.9%
DFEV Dimensional Emrg MRKT Val	0.10%	9,152	$240K	Reduce -35.3%
SHW The Sherwin-Williams Co.	0.09%	687	$234K	Add +22.7%
AGNC AGNC Investment Corp.	0.09%	25,105	$231K	No change
VBR Vngrd Mrngst SL-CP Val ETF-U	0.09%	1,161	$230K	Reduce -19.0%
IWF iShares Russell 1000 Growth	0.09%	565	$227K	No change
XLF SS Financial Select Sector	0.09%	4,687	$227K	Add +0.0%
VEU Vanguard Ftse All-World Ex-U	0.09%	3,939	$226K	Add +1.7%
AOA iShares Core 80/20 Aggressiv	0.09%	2,846	$218K	Reduce -6.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.09%	807	$218K	Add +0.6%
UNP Union Pacific Corp.	0.09%	947	$216K	New
AMAT Applied Materials Inc.	0.09%	1,327	$216K	Add +1.1%
MET Metlife Inc.	0.08%	2,554	$209K	Reduce -9.1%
STWD Starwood Property Trust Inc.	0.08%	10,849	$206K	No change
CMCSA Comcast Corp. Class A	0.08%	5,461	$205K	Add +5.0%
SCHD Schwab US DVD Equity ETF	0.08%	7,500	$205K	No change
VOD Vodafone Group PLC-SP ADR	0.07%	21,324	$181K	Reduce -12.8%
KEY Keycorp	0.07%	10,498	$180K	No change
GNL Global Net Lease Inc.	0.06%	22,220	$162K	Reduce -15.3%
BBVA Banco Bilbao Vizcaya-SP ADR	0.05%	13,683	$133K	Reduce -0.0%
MITK Mitek Systems Inc.	0.05%	10,504	$117K	New
PPT Franklin Premir Inc. Trust-Ui	0.03%	22,436	$80K	No change
LYG Lloyds Banking Group PLC-ADR	0.03%	26,908	$73K	Add +32.0%
BFLY Butterfly Network Inc.	0.02%	18,720	$58K	No change
PLUG Plug Power Inc.	0.02%	21,457	$46K	Reduce -3.4%
VANI Vivani Medical Inc.	0.00%	10,000	$12K	No change
TMC TMC the Metals Co. Inc.	0.00%	10,000	$11K	No change
STEM Stem Inc.	0.00%	12,574	$8K	No change
XFOR X4 Pharmaceuticals Inc.	0.00%	10,000	$7K	Reduce -23.1%
LCTX Lineage Cell Therapeutics Inc.	0.00%	10,964	$6K	New
ZOMDF Zomedica Corp.	0.00%	10,000	$1K	No change

Portfolio Sells Q3 2024 → Q4 2024


WYNN WYNN Resorts Ltd.	Reduce -32.1%	0.84%	−0.64
VTI VG Morningstar TS MKT ETF-US	Reduce -22.4%	1.35%	−0.48
VZ Verizon Communications Inc.	Reduce -12.3%	0.98%	−0.37
IEFA iShares Core MSCI Eafe ETF	Reduce -37.9%	0.38%	−0.35
ABBV Abbvie Inc.	Reduce -5.2%	1.17%	−0.30
GILD Gilead Sciences Inc.	Reduce -68.9%	0.13%	−0.27
PYPL PayPal Holdings Inc.	Reduce -36.6%	0.47%	−0.26
IVV iShares Core S&P 500 ETF	Reduce -16.8%	0.87%	−0.23
DIS The Walt Disney Co.	Reduce -14.0%	2.86%	−0.22
QQQ Invesco QQQ Trust Series 1	Reduce -17.8%	0.79%	−0.20
MGK Vngrd Mrgstr MG CP GR ETF-Ui	Reduce -54.4%	0.16%	−0.19
VFMO Vanguard US Momentum Factor	Reduce -35.5%	0.28%	−0.18
MGV Vngrd Mrgstr MG CP VL ETF-Ui	Reduce -58.0%	0.11%	−0.18
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25)	Sold out	0.00%	−0.16
XOM Exxon Mobil Corp.	Reduce -1.5%	0.85%	−0.16
DVN Devon Energy Corp.	Reduce -7.9%	0.39%	−0.15
FBND Fidelity Total Bond ETF	Reduce -26.8%	0.29%	−0.15
COIN Coinbase Global Inc. Class A	Sold out	0.00%	−0.14
DFSV Dimensional US Small Cap Val	Reduce -28.8%	0.27%	−0.14
BND Vanguard Total Bond Market	Reduce -32.0%	0.20%	−0.13
IEMG iShares Core MSCI Emerging	Reduce -48.9%	0.10%	−0.13
SBUX Starbucks Corp.	Reduce -5.0%	0.62%	−0.13
VO Vngrd Mrngstr MD-Cap ETF-Usd	Sold out	0.00%	−0.13
BABA Alibaba Group Holding-SP ADR	Reduce -0.6%	0.34%	−0.12
DISV Dimensional International SM	Reduce -33.6%	0.14%	−0.11
INTC Intel Corp.	Sold out	0.00%	−0.11
IMTM iShares MSCI Intl Momentum F	Reduce -40.5%	0.11%	−0.10
NVO Novo-Nordisk A/S-Spons ADR	Sold out	0.00%	−0.10
LRCX Lam Research Corp.	Sold out	0.00%	−0.10
MGM MGM Resorts International	Sold out	0.00%	−0.10
O Realty Income Corp.	Sold out	0.00%	−0.09
LMT Lockheed Martin Corp.	Sold out	0.00%	−0.09
AMGN Amgen Inc.	Reduce -0.4%	0.25%	−0.08
GSK GSK PLC-Spon ADR	Reduce -0.7%	0.26%	−0.08
XHR Xenia Hotels & Resorts Inc.	Reduce -26.8%	0.17%	−0.08
DFEV Dimensional Emrg MRKT Val	Reduce -35.3%	0.10%	−0.08
F Ford Motor Co.	Reduce -7.7%	0.22%	−0.05
ORCL Oracle Corp.	Reduce -7.1%	0.25%	−0.04
OXY Occidental Petroleum Corp.	Reduce -6.2%	0.22%	−0.04
MCD McDonald's Corp.	Reduce -4.3%	0.22%	−0.04
WBD Warner Bros Discovery Inc.	Sold out	0.00%	−0.04
BMY Bristol-Myers Squibb Co.	Reduce -9.2%	0.46%	−0.04
VOD Vodafone Group PLC-SP ADR	Reduce -12.8%	0.07%	−0.03
VBR Vngrd Mrngst SL-CP Val ETF-U	Reduce -19.0%	0.09%	−0.03
GNL Global Net Lease Inc.	Reduce -15.3%	0.06%	−0.03
MRK Merck & Co. Inc.	Reduce -1.8%	0.11%	−0.03
IJR iShares Core S&P Small-Cap E	Reduce -1.4%	0.26%	−0.03
T AT&T Inc.	Reduce -1.4%	0.52%	−0.03
PEP Pepsico Inc.	Reduce -1.4%	0.11%	−0.02
PDSB PDS Biotechnology Corp.	Sold out	0.00%	−0.02

Portfolio Buys Q3 2024 → Q4 2024


AAPL Apple Inc.	Add +18.8%	17.52%	+2.79
NVDA Nvidia Corp.	Add +35.3%	5.89%	+1.66
AMZN Amazon.com Inc.	Add +6.8%	7.02%	+1.03
TSLA Tesla Inc.	Add +4.3%	1.88%	+0.63
BP BP PLC-Spons ADR	Add +49.5%	2.28%	+0.54
BA The Boeing Co.	Add +23.8%	2.02%	+0.52
AVGO Broadcom Inc.	Add +13.8%	1.08%	+0.32
MCK McKesson Corp.	New	0.18%	+0.18
AGG iShares Core U.S. Aggregate	Add +42.2%	0.78%	+0.17
LLY Eli Lilly & Co.	Add +124.8%	0.36%	+0.16
HON Honeywell International Inc.	New	0.16%	+0.16
PLTR Palantir Technologies Inc. Class A	New	0.10%	+0.10
IGSB iShares 1-5Y Inv Grade Corp.	Add +65.3%	0.30%	+0.10
IEF iShares 7-10 Year Treasury B	New	0.10%	+0.10
V Visa Inc. Class A	Add +7.4%	0.75%	+0.10
CRM Salesforce Inc.	Add +1.2%	0.73%	+0.10
UNP Union Pacific Corp.	New	0.09%	+0.09
PFE Pfizer Inc.	Add +45.0%	0.34%	+0.07
JPM JPMorgan Chase & Co.	Add +0.8%	0.88%	+0.06
SHOP Shopify Inc. Class A	Add +1.4%	0.27%	+0.05
STIP iShares 0-5 Year Tips Bond E	Add +14.0%	0.94%	+0.05
MITK Mitek Systems Inc.	New	0.05%	+0.05
LQD Ishr Ibx Usd Invgd CB ETF-Ui	Add +36.9%	0.24%	+0.04
TSM Taiwan Semiconductor-SP ADR	Add +29.3%	0.15%	+0.04
BXP BXP Inc.	Add +54.4%	0.14%	+0.03
WMT Walmart Inc.	Add +2.8%	0.41%	+0.03
GOOG Alphabet Inc. Class C	Add +5.7%	0.23%	+0.03
DIREXION DLY S&P 500 BEAR 3X	Add +44.1%	0.12%	+0.02
AXP American Express Co.	Add +0.8%	0.43%	+0.01
EME Emcor Group Inc.	Add +8.7%	0.12%	+0.01
COST Costco Wholesale Corp.	Add +5.9%	0.31%	+0.01
VOO Vanguard S&P 500 ETF	Add +9.3%	0.15%	+0.01
LCTX Lineage Cell Therapeutics Inc.	New	0.00%	+0.00
LYG Lloyds Banking Group PLC-ADR	Add +32.0%	0.03%	+0.00
MA Mastercard Inc. Class A	Add +1.1%	0.40%	+0.00
SHW The Sherwin-Williams Co.	Add +22.7%	0.09%	+0.00
GLD SPDR Gold Shares	Add +7.6%	0.12%	−0.00
XLF SS Financial Select Sector	Add +0.0%	0.09%	−0.00
TGT Target Corp.	Add +21.7%	0.11%	−0.00
VV Vngrd Mrgstr LRG-Cap ETF-Usd	Add +0.6%	0.09%	−0.00
XEL Xcel Energy Inc.	Add +0.2%	0.10%	−0.00
SLV iShares Silver Trust	Add +11.6%	0.10%	−0.00
CVX Chevron Corp.	Add +7.4%	0.26%	−0.00
SPG Simon Property Group Inc.	Add +2.8%	0.20%	−0.01
PM Philip Morris International	Add +2.0%	0.12%	−0.01
IBM Intl Business Machines Corp.	Add +2.0%	0.17%	−0.01
DUK Duke Energy Corp.	Add +4.5%	0.11%	−0.01
CMCSA Comcast Corp. Class A	Add +5.0%	0.08%	−0.01
MO Altria Group Inc.	Add +1.5%	0.39%	−0.01
PG The Procter & Gamble Co.	Add +2.0%	0.16%	−0.01

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	185	$321.6M	AAPL, NVDA, GOOGL, META, AMZN
Q1 2026	173	$285.3M	AAPL, META, NVDA, AMZN, GOOGL
Q4 2025Amended	164	$295.5M	AAPL, META, NVDA, AMZN, GOOGL
Q3 2025	165	$294.2M	AAPL, META, NVDA, UBER, AMZN
Q2 2025	155	$265.6M	AAPL, META, UBER, AMZN, NVDA
Q1 2025	155	$244.6M	AAPL, META, AMZN, UBER, NVDA
Q4 2024	153	$250.9M	AAPL, META, AMZN, NVDA, UBER
Q3 2024	159	$233.8M	AAPL, META, UBER, AMZN, NVDA
Q2 2024	144	$221.8M	AAPL, META, AMZN, UBER, GOOGL
Q1 2024	127	$184.1M	AAPL, META, UBER, AMZN, DIS