Lazari Capital Management, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 23, 2025), Lazari Capital Management, Inc. reported 155 stock positions worth $244.6 million. Its top holding was Apple (AAPL) at 15.9% of the portfolio, followed by Meta Platforms Class A (META, 8.1%) and Amazon.com (AMZN, 6.3%). Compared with Q4 2024, it opened 10 new positions, sold out of 8, added to 52 and reduced 70. The biggest buy was Uber Technologies (UBER, shares +2%) and the biggest sale Apple (AAPL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- WOODLAND HILLS, CA
- CIK
- 0001986389
- Portfolio Value
- $244.6M (Q1 2025)
- SEC Filing
- 0001986389-25-000002 ↗ filed Apr 23, 2025
Holdings Value
Holdings 155 stocks · $244.6M
| AAPL Apple Inc. | 15.86% | 174,667 | $38.8M | Reduce -0.5% |
| META Meta Platforms Inc. Class A | 8.10% | 34,391 | $19.8M | Reduce -2.2% |
| AMZN Amazon.com Inc. | 6.28% | 80,749 | $15.4M | Add +0.6% |
| UBER Uber Technologies Inc. | 6.04% | 202,597 | $14.8M | Add +1.6% |
| NVDA Nvidia Corp. | 4.95% | 111,608 | $12.1M | Add +1.5% |
| GOOGL Alphabet Inc. Class A | 3.46% | 54,653 | $8.5M | Add +4.7% |
| MSFT Microsoft Corp. | 2.71% | 17,674 | $6.6M | Add +9.9% |
| BP BP PLC-Spons ADR | 2.67% | 192,919 | $6.5M | Reduce -0.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.61% | 64,610 | $6.4M | Add +0.5% |
| BA The Boeing Co. | 2.15% | 30,845 | $5.3M | Add +7.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.62% | 95,037 | $4.0M | Reduce -3.6% |
| NFLX Netflix Inc. | 1.48% | 3,874 | $3.6M | Reduce -0.4% |
| ABBV Abbvie Inc. | 1.39% | 16,233 | $3.4M | Reduce -1.7% |
| VTI VG Morningstar TS MKT ETF-US | 1.38% | 12,282 | $3.4M | Add +4.8% |
| TSLA Tesla Inc. | 1.24% | 11,735 | $3.0M | Add +0.5% |
| VZ Verizon Communications Inc. | 1.24% | 66,851 | $3.0M | Add +8.8% |
| AMD Advanced Micro Devices | 1.05% | 25,075 | $2.6M | Add +22.1% |
| XOM Exxon Mobil Corp. | 1.02% | 21,036 | $2.5M | Add +6.3% |
| WYNN WYNN Resorts Ltd. | 1.01% | 29,723 | $2.5M | Add +21.0% |
| STIP iShares 0-5 Year Tips Bond E | 0.96% | 22,630 | $2.3M | Reduce -3.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.95% | 4,159 | $2.3M | Add +8.8% |
| JPM JPMorgan Chase & Co. | 0.90% | 8,924 | $2.2M | Reduce -3.0% |
| IVV iShares Core S&P 500 ETF | 0.84% | 3,637 | $2.0M | Reduce -1.7% |
| V Visa Inc. Class A | 0.83% | 5,825 | $2.0M | Reduce -1.8% |
| AVGO Broadcom Inc. | 0.80% | 11,716 | $2.0M | Add +0.4% |
| AGG iShares Core U.S. Aggregate | 0.77% | 18,972 | $1.9M | Reduce -6.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.75% | 3,906 | $1.8M | Add +0.4% |
| SRE Sempra | 0.71% | 24,225 | $1.7M | Add +1.0% |
| SBUX Starbucks Corp. | 0.68% | 17,046 | $1.7M | Reduce -0.3% |
| T AT&T Inc. | 0.66% | 57,343 | $1.6M | Reduce -0.1% |
| PFE Pfizer Inc. | 0.65% | 62,380 | $1.6M | Add +93.5% |
| CRM Salesforce Inc. | 0.62% | 5,623 | $1.5M | Add +2.1% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.60% | 4,747 | $1.5M | Add +319.0% |
| COST Costco Wholesale Corp. | 0.58% | 1,500 | $1.4M | Add +77.5% |
| COP Conocophillips | 0.56% | 12,947 | $1.4M | Reduce -0.5% |
| VYM Vanguard High DVD Yield ETF | 0.54% | 10,276 | $1.3M | New |
| WFC Wells Fargo & Co. | 0.54% | 18,246 | $1.3M | Reduce -4.8% |
| WMT Walmart Inc. | 0.47% | 12,989 | $1.1M | Add +13.6% |
| BABA Alibaba Group Holding-SP ADR | 0.46% | 8,559 | $1.1M | Reduce -14.8% |
| MO Altria Group Inc. | 0.46% | 18,809 | $1.1M | Reduce -0.3% |
| BMY Bristol-Myers Squibb Co. | 0.46% | 18,449 | $1.1M | Reduce -9.6% |
| CVX Chevron Corp. | 0.46% | 6,710 | $1.1M | Add +48.9% |
| DVN Devon Energy Corp. | 0.45% | 29,739 | $1.1M | Reduce -0.3% |
| AXP American Express Co. | 0.45% | 4,058 | $1.1M | Add +12.5% |
| XLE SS Energy Select Sector | 0.44% | 11,561 | $1.1M | Reduce -3.0% |
| JNJ Johnson & Johnson | 0.41% | 6,116 | $1.0M | Reduce -2.6% |
| MA Mastercard Inc. Class A | 0.41% | 1,837 | $1.0M | Reduce -2.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.41% | 13,208 | $999K | Reduce -1.8% |
| PYPL PayPal Holdings Inc. | 0.37% | 13,748 | $897K | Reduce -0.6% |
| C Citigroup Inc. | 0.34% | 11,852 | $841K | Reduce -3.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.33% | 1,494 | $796K | Reduce -4.3% |
| GLD SPDR Gold Shares | 0.31% | 2,645 | $762K | Add +104.6% |
| MAR Marriott International Class A | 0.31% | 3,169 | $755K | Add +14.5% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.31% | 14,384 | $753K | Reduce -1.8% |
| AMGN Amgen Inc. | 0.29% | 2,271 | $708K | Reduce -4.3% |
| GSK GSK PLC-Spon ADR | 0.29% | 18,110 | $702K | Reduce -6.7% |
| TRGP Targa Resources Corp. | 0.28% | 3,451 | $692K | Reduce -1.4% |
| GS Goldman Sachs Group Inc. | 0.28% | 1,251 | $683K | Reduce -0.1% |
| FBND Fidelity Total Bond ETF | 0.27% | 14,582 | $666K | Reduce -10.1% |
| RTX RTX Corp. | 0.26% | 4,882 | $647K | Reduce -20.6% |
| MS Morgan Stanley | 0.26% | 5,447 | $636K | No change |
| HD Home Depot Inc. | 0.26% | 1,705 | $625K | Reduce -21.9% |
| VMC Vulcan Materials Co. | 0.26% | 2,673 | $624K | No change |
| DFSV Dimensional US Small Cap Val | 0.25% | 21,894 | $616K | No change |
| GE General Electric filed as GE AEROSPACE | 0.25% | 3,043 | $609K | Add +9.3% |
| SHOP Shopify Inc. Class A | 0.25% | 6,364 | $608K | Add +0.8% |
| IJR iShares Core S&P Small-Cap E | 0.25% | 5,804 | $607K | Add +3.5% |
| BND Vanguard Total Bond Market | 0.24% | 7,983 | $586K | Add +12.2% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.24% | 5,340 | $580K | Reduce -4.5% |
| F Ford Motor Co. filed as FORD MTR CO | 0.23% | 56,779 | $569K | Add +0.4% |
| MCD McDonald's Corp. | 0.23% | 1,823 | $569K | Reduce -2.6% |
| MESO Mesoblast Ltd.- Spon ADR | 0.23% | 45,468 | $567K | Add +0.0% |
| LLY Eli Lilly & Co. | 0.23% | 686 | $567K | Reduce -40.8% |
| VFMO Vanguard US Momentum Factor | 0.23% | 3,706 | $562K | Reduce -13.7% |
| GOOG Alphabet Inc. Class C | 0.23% | 3,547 | $554K | Add +14.6% |
| OXY Occidental Petroleum Corp. | 0.22% | 11,041 | $545K | Reduce -1.9% |
| SCHW Schwab (charles) Corp. | 0.22% | 6,848 | $536K | Reduce -17.6% |
| MCK McKesson Corp. | 0.21% | 774 | $521K | Reduce -0.4% |
| ORCL Oracle Corp. | 0.21% | 3,681 | $515K | Reduce -0.3% |
| UNH Unitedhealth Group Inc. | 0.20% | 932 | $488K | New |
| CAT Caterpillar Inc. | 0.20% | 1,474 | $486K | Add +2.1% |
| SPG Simon Property Group Inc. | 0.19% | 2,764 | $459K | Reduce -6.7% |
| CVBF CVB Financial Corp. | 0.18% | 24,376 | $450K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.18% | 1,784 | $444K | Reduce -7.2% |
| MRK Merck & Co. Inc. | 0.18% | 4,878 | $438K | Add +75.0% |
| PG The Procter & Gamble Co. | 0.18% | 2,530 | $431K | Add +3.6% |
| PM Philip Morris International | 0.17% | 2,582 | $410K | Add +3.2% |
| VOO Vanguard S&P 500 ETF | 0.17% | 793 | $407K | Add +16.6% |
| DIREXION DLY S&P 500 BEAR 3X | 0.17% | 57,000 | $406K | Add +21.5% |
| HON Honeywell International Inc. | 0.15% | 1,776 | $376K | Add +0.1% |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | 0.15% | 375,000 | $376K | New |
| XNCMX Nuveen Ca Amt-FR Muni Inc. | 0.15% | 28,761 | $362K | No change |
| ASML ASML Holding NV-NY Reg SHS | 0.14% | 519 | $344K | Reduce -5.6% |
| IYE iShares U.S. Energy ETF | 0.14% | 6,950 | $343K | No change |
| DISV Dimensional International SM | 0.14% | 11,761 | $342K | Reduce -11.8% |
| XHR Xenia Hotels & Resorts Inc. | 0.14% | 28,580 | $336K | Add +0.0% |
| AMLP Alerian MLP ETF | 0.13% | 6,280 | $326K | No change |
| UYG Proshares Ultra Financials | 0.13% | 3,510 | $313K | No change |
| DUK Duke Energy Corp. | 0.13% | 2,545 | $310K | Add +0.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.13% | 1,862 | $309K | Reduce -1.1% |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -0.5% | 15.86% | −1.65 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.15 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.13 |
| LLY Eli Lilly & Co. | Reduce -40.8% | 0.23% | −0.12 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.11 |
| BAC Bank of America Corp. | Reduce -3.6% | 1.62% | −0.11 |
| META Meta Platforms Inc. Class A | Reduce -2.2% | 8.10% | −0.11 |
| PYPL PayPal Holdings Inc. | Reduce -0.6% | 0.37% | −0.10 |
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −0.09 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.09 |
| HD Home Depot Inc. | Reduce -21.9% | 0.26% | −0.08 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.08 |
| KEY Keycorp | Sold out | 0.00% | −0.07 |
| VFMO Vanguard US Momentum Factor | Reduce -13.7% | 0.23% | −0.05 |
| TEVA Teva Pharmaceutical-SP ADR | Reduce -1.1% | 0.09% | −0.04 |
| ORCL Oracle Corp. | Reduce -0.3% | 0.21% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -1.7% | 0.84% | −0.03 |
| BXP BXP Inc. | Reduce -12.5% | 0.11% | −0.03 |
| SCHW Schwab (charles) Corp. | Reduce -17.6% | 0.22% | −0.03 |
| TGT Target Corp. | Reduce -2.9% | 0.08% | −0.03 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -1.1% | 0.13% | −0.02 |
| EME Emcor Group Inc. | Reduce -1.0% | 0.10% | −0.02 |
| RTX RTX Corp. | Reduce -20.6% | 0.26% | −0.02 |
| FBND Fidelity Total Bond ETF | Reduce -10.1% | 0.27% | −0.02 |
| FICO Fair Isaac Corp. | Reduce -12.1% | 0.08% | −0.02 |
| SPG Simon Property Group Inc. | Reduce -6.7% | 0.19% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -6.2% | 0.77% | −0.01 |
| PFF iShares Preferred & Income S | Reduce -11.8% | 0.10% | −0.01 |
| IMTM iShares MSCI Intl Momentum F | Reduce -18.5% | 0.09% | −0.01 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -5.6% | 0.14% | −0.01 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -4.3% | 0.09% | −0.01 |
| RSPT Invesco S&P 500 Equal Weight | Reduce -0.8% | 0.09% | −0.01 |
| GS Goldman Sachs Group Inc. | Reduce -0.1% | 0.28% | −0.01 |
| DFEV Dimensional Emrg MRKT Val | Reduce -9.2% | 0.09% | −0.00 |
| PEP Pepsico Inc. | Reduce -3.3% | 0.10% | −0.00 |
| DISV Dimensional International SM | Reduce -11.8% | 0.14% | −0.00 |
| WFC Wells Fargo & Co. | Reduce -4.8% | 0.54% | −0.00 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -4.5% | 0.24% | −0.00 |
| C Citigroup Inc. | Reduce -3.5% | 0.34% | −0.00 |
| ZOMDF Zomedica Corp. | Sold out | 0.00% | −0.00 |
| GNL Global Net Lease Inc. | Reduce -12.0% | 0.06% | −0.00 |
| BMY Bristol-Myers Squibb Co. | Reduce -9.6% | 0.46% | −0.00 |
| LCTX Lineage Cell Therapeutics Inc. | Reduce -1.3% | 0.00% | −0.00 |
| IEMG iShares Core MSCI Emerging | Reduce -5.3% | 0.10% | +0.00 |
| XEL Xcel Energy Inc. | Reduce -6.3% | 0.10% | +0.00 |
| OXY Occidental Petroleum Corp. | Reduce -1.9% | 0.22% | +0.00 |
| PLTR Palantir Technologies Inc. Class A | Reduce -9.2% | 0.11% | +0.00 |
| UNP Union Pacific Corp. | Reduce -1.3% | 0.09% | +0.00 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -1.8% | 0.31% | +0.01 |
| SO The Southern Co. | Reduce -7.6% | 0.11% | +0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| UBER Uber Technologies Inc. | Add +1.6% | 6.04% | +1.24 |
| VYM Vanguard High DVD Yield ETF | New | 0.54% | +0.54 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +319.0% | 0.60% | +0.44 |
| PFE Pfizer Inc. | Add +93.5% | 0.65% | +0.31 |
| COST Costco Wholesale Corp. | Add +77.5% | 0.58% | +0.27 |
| VZ Verizon Communications Inc. | Add +8.8% | 1.24% | +0.26 |
| UNH Unitedhealth Group Inc. | New | 0.20% | +0.20 |
| CVX Chevron Corp. | Add +48.9% | 0.46% | +0.20 |
| GLD SPDR Gold Shares | Add +104.6% | 0.31% | +0.19 |
| XOM Exxon Mobil Corp. | Add +6.3% | 1.02% | +0.17 |
| WYNN WYNN Resorts Ltd. | Add +21.0% | 1.01% | +0.17 |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | New | 0.15% | +0.15 |
| BA The Boeing Co. | Add +7.8% | 2.15% | +0.13 |
| COIN Coinbase Global Inc. Class A | New | 0.10% | +0.10 |
| UBRL Granite 2X Long Uber ETF | New | 0.09% | +0.09 |
| IBIT iShares Bitcoin Trust ETF | New | 0.09% | +0.09 |
| BX Blackstone Inc. | New | 0.09% | +0.09 |
| EQNR Equinor ASA-Spon ADR | New | 0.09% | +0.09 |
| WM Waste Management Inc. | New | 0.08% | +0.08 |
| O Realty Income Corp. | New | 0.08% | +0.08 |
| MRK Merck & Co. Inc. | Add +75.0% | 0.18% | +0.07 |
| AMD Advanced Micro Devices | Add +22.1% | 1.05% | +0.06 |
| GE General Electric | Add +9.3% | 0.25% | +0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +8.8% | 0.95% | +0.06 |
| WMT Walmart Inc. | Add +13.6% | 0.47% | +0.05 |
| DIREXION DLY S&P 500 BEAR 3X | Add +21.5% | 0.17% | +0.05 |
| PM Philip Morris International | Add +3.2% | 0.17% | +0.05 |
| VOD Vodafone Group PLC-SP ADR | Add +36.7% | 0.11% | +0.04 |
| BND Vanguard Total Bond Market | Add +12.2% | 0.24% | +0.04 |
| VTI VG Morningstar TS MKT ETF-US | Add +4.8% | 1.38% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +16.6% | 0.17% | +0.02 |
| AXP American Express Co. | Add +12.5% | 0.45% | +0.02 |
| DUK Duke Energy Corp. | Add +0.6% | 0.13% | +0.02 |
| PG The Procter & Gamble Co. | Add +3.6% | 0.18% | +0.01 |
| IYH iShares U.S. Healthcare ETF | Add +4.1% | 0.13% | +0.01 |
| MSFT Microsoft Corp. | Add +9.9% | 2.71% | +0.01 |
| F Ford Motor Co. | Add +0.4% | 0.23% | +0.01 |
| VHT Vanguard Health Care ETF | Add +0.4% | 0.12% | +0.01 |
| XLF SS Financial Select Sector | Add +0.0% | 0.10% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +0.6% | 0.09% | +0.00 |
| MAR Marriott International Class A | Add +14.5% | 0.31% | +0.00 |
| MET Metlife Inc. | Add +0.3% | 0.08% | +0.00 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +0.4% | 0.09% | −0.00 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +0.7% | 0.09% | −0.00 |
| PLUG Plug Power Inc. | Add +14.9% | 0.01% | −0.00 |
| HON Honeywell International Inc. | Add +0.1% | 0.15% | −0.01 |
| GOOG Alphabet Inc. Class C | Add +14.6% | 0.23% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Add +3.5% | 0.25% | −0.01 |
| CAT Caterpillar Inc. | Add +2.1% | 0.20% | −0.01 |
| SHOP Shopify Inc. Class A | Add +0.8% | 0.25% | −0.02 |
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 |