Lazari Capital Management, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 17, 2025), Lazari Capital Management, Inc. reported 155 stock positions worth $265.6 million. Its top holding was Apple (AAPL) at 12.8% of the portfolio, followed by Meta Platforms Class A (META, 9.3%) and Uber Technologies (UBER, 6.4%). Compared with Q1 2025, it opened 8 new positions, sold out of 8, added to 55 and reduced 74. The biggest buy was Boeing (BA, shares +2%) and the biggest sale Apple (AAPL, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- WOODLAND HILLS, CA
- CIK
- 0001986389
- Portfolio Value
- $265.6M (Q2 2025)
- SEC Filing
- 0001986389-25-000003 ↗ filed Jul 17, 2025
Holdings Value
Holdings 155 stocks · $265.6M
| AAPL Apple Inc. | 12.79% | 165,583 | $34.0M | Reduce -5.2% |
| META Meta Platforms Inc. Class A | 9.26% | 33,321 | $24.6M | Reduce -3.1% |
| UBER Uber Technologies Inc. | 6.43% | 182,968 | $17.1M | Reduce -9.7% |
| AMZN Amazon.com Inc. | 6.42% | 77,667 | $17.0M | Reduce -3.8% |
| NVDA Nvidia Corp. | 6.08% | 102,217 | $16.1M | Reduce -8.4% |
| GOOGL Alphabet Inc. Class A | 3.63% | 54,775 | $9.7M | Add +0.2% |
| MSFT Microsoft Corp. | 3.10% | 16,568 | $8.2M | Reduce -6.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.95% | 63,087 | $7.8M | Reduce -2.4% |
| BA The Boeing Co. | 2.47% | 31,322 | $6.6M | Add +1.6% |
| BP BP PLC-Spons ADR | 2.25% | 200,025 | $6.0M | Add +3.7% |
| NFLX Netflix Inc. | 1.89% | 3,757 | $5.0M | Reduce -3.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.78% | 99,873 | $4.7M | Add +5.1% |
| VTI VG Morningstar TS MKT ETF-US | 1.41% | 12,287 | $3.7M | Add +0.0% |
| TSLA Tesla Inc. | 1.32% | 11,031 | $3.5M | Reduce -6.0% |
| AMD Advanced Micro Devices | 1.29% | 24,227 | $3.4M | Reduce -3.4% |
| AVGO Broadcom Inc. | 1.22% | 11,713 | $3.2M | Reduce -0.0% |
| ABBV Abbvie Inc. | 1.13% | 16,238 | $3.0M | Add +0.0% |
| VZ Verizon Communications Inc. | 1.09% | 67,101 | $2.9M | Add +0.4% |
| WYNN WYNN Resorts Ltd. | 0.97% | 27,586 | $2.6M | Reduce -7.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.96% | 4,131 | $2.6M | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 0.94% | 8,636 | $2.5M | Reduce -3.2% |
| STIP iShares 0-5 Year Tips Bond E | 0.87% | 22,337 | $2.3M | Reduce -1.3% |
| XOM Exxon Mobil Corp. | 0.86% | 21,223 | $2.3M | Add +0.9% |
| IVV iShares Core S&P 500 ETF | 0.78% | 3,323 | $2.1M | Reduce -8.6% |
| V Visa Inc. Class A | 0.77% | 5,789 | $2.1M | Reduce -0.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.76% | 3,654 | $2.0M | Reduce -6.5% |
| AGG iShares Core U.S. Aggregate | 0.72% | 19,401 | $1.9M | Add +2.3% |
| SRE Sempra | 0.69% | 24,228 | $1.8M | Add +0.0% |
| PFE Pfizer Inc. | 0.68% | 74,300 | $1.8M | Add +19.1% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.66% | 4,804 | $1.8M | Add +1.2% |
| T AT&T Inc. | 0.62% | 57,193 | $1.7M | Reduce -0.3% |
| SBUX Starbucks Corp. | 0.58% | 16,715 | $1.5M | Reduce -1.9% |
| COST Costco Wholesale Corp. | 0.57% | 1,523 | $1.5M | Add +1.5% |
| WFC Wells Fargo & Co. | 0.57% | 18,740 | $1.5M | Add +2.7% |
| CRM Salesforce Inc. | 0.56% | 5,464 | $1.5M | Reduce -2.8% |
| VYM Vanguard High DVD Yield ETF | 0.55% | 10,932 | $1.5M | Add +6.4% |
| AXP American Express Co. | 0.48% | 4,008 | $1.3M | Reduce -1.2% |
| WMT Walmart Inc. | 0.48% | 12,956 | $1.3M | Reduce -0.3% |
| COP Conocophillips | 0.44% | 12,934 | $1.2M | Reduce -0.1% |
| UNH Unitedhealth Group Inc. | 0.41% | 3,464 | $1.1M | Add +271.7% |
| MO Altria Group Inc. | 0.41% | 18,407 | $1.1M | Reduce -2.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.41% | 12,888 | $1.1M | Reduce -2.4% |
| PYPL PayPal Holdings Inc. | 0.39% | 13,956 | $1.0M | Add +1.5% |
| MA Mastercard Inc. Class A | 0.38% | 1,792 | $1.0M | Reduce -2.5% |
| XLE SS Energy Select Sector | 0.37% | 11,662 | $989K | Add +0.9% |
| BABA Alibaba Group Holding-SP ADR | 0.37% | 8,552 | $970K | Reduce -0.1% |
| CVX Chevron Corp. | 0.36% | 6,690 | $958K | Reduce -0.3% |
| C Citigroup Inc. | 0.36% | 11,251 | $958K | Reduce -5.1% |
| JNJ Johnson & Johnson | 0.35% | 6,138 | $938K | Add +0.4% |
| DVN Devon Energy Corp. | 0.35% | 29,154 | $927K | Reduce -2.0% |
| GS Goldman Sachs Group Inc. | 0.32% | 1,199 | $849K | Reduce -4.2% |
| BMY Bristol-Myers Squibb Co. | 0.32% | 18,282 | $846K | Reduce -0.9% |
| GLD SPDR Gold Shares | 0.31% | 2,675 | $815K | Add +1.1% |
| ORCL Oracle Corp. | 0.30% | 3,689 | $806K | Add +0.2% |
| SHOP Shopify Inc. Class A | 0.28% | 6,487 | $748K | Add +1.9% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.28% | 14,050 | $741K | Reduce -2.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.27% | 1,497 | $727K | Add +0.2% |
| HD Home Depot Inc. | 0.26% | 1,915 | $702K | Add +12.3% |
| MS Morgan Stanley | 0.26% | 4,978 | $701K | Reduce -8.6% |
| VMC Vulcan Materials Co. | 0.26% | 2,673 | $697K | No change |
| GSK GSK PLC-Spon ADR | 0.26% | 18,021 | $692K | Reduce -0.5% |
| GE General Electric filed as GE AEROSPACE | 0.25% | 2,617 | $674K | Reduce -14.0% |
| RTX RTX Corp. | 0.25% | 4,572 | $668K | Reduce -6.3% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.25% | 5,991 | $657K | Add +12.2% |
| F Ford Motor Co. filed as FORD MTR CO | 0.24% | 58,825 | $638K | Add +3.6% |
| IJR iShares Core S&P Small-Cap E | 0.24% | 5,812 | $635K | Add +0.1% |
| MAR Marriott International Class A | 0.24% | 2,319 | $634K | Reduce -26.8% |
| BND Vanguard Total Bond Market | 0.24% | 8,600 | $633K | Add +7.7% |
| GOOG Alphabet Inc. Class C | 0.24% | 3,553 | $630K | Add +0.2% |
| DFSV Dimensional US Small Cap Val | 0.23% | 21,198 | $624K | Reduce -3.2% |
| AMGN Amgen Inc. | 0.23% | 2,229 | $622K | Reduce -1.9% |
| VFMO Vanguard US Momentum Factor | 0.23% | 3,591 | $620K | Reduce -3.1% |
| FBND Fidelity Total Bond ETF | 0.23% | 13,174 | $603K | Reduce -9.7% |
| TRGP Targa Resources Corp. | 0.23% | 3,451 | $601K | No change |
| SCHW Schwab (charles) Corp. | 0.22% | 6,308 | $576K | Reduce -7.9% |
| CAT Caterpillar Inc. | 0.22% | 1,477 | $573K | Add +0.2% |
| MCD McDonald's Corp. | 0.20% | 1,823 | $533K | No change |
| LLY Eli Lilly & Co. | 0.20% | 682 | $532K | Reduce -0.6% |
| MESO Mesoblast Ltd.- Spon ADR | 0.19% | 46,471 | $506K | Add +2.2% |
| VOO Vanguard S&P 500 ETF | 0.18% | 853 | $484K | Add +7.6% |
| CVBF CVB Financial Corp. | 0.18% | 24,376 | $482K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.18% | 1,634 | $482K | Reduce -8.4% |
| PLTR Palantir Technologies Inc. Class A | 0.18% | 3,512 | $479K | Add +13.3% |
| PM Philip Morris International | 0.18% | 2,596 | $473K | Add +0.5% |
| OXY Occidental Petroleum Corp. | 0.17% | 10,816 | $454K | Reduce -2.0% |
| SPG Simon Property Group Inc. | 0.17% | 2,744 | $441K | Reduce -0.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.16% | 1,859 | $421K | Reduce -0.2% |
| VHT Vanguard Health Care ETF | 0.16% | 1,681 | $417K | Add +57.3% |
| MRK Merck & Co. Inc. | 0.15% | 4,981 | $394K | Add +2.1% |
| ASML ASML Holding NV-NY Reg SHS | 0.15% | 484 | $388K | Reduce -6.7% |
| PG The Procter & Gamble Co. | 0.14% | 2,407 | $383K | Reduce -4.9% |
| BXP BXP Inc. | 0.14% | 5,577 | $376K | Add +37.0% |
| DISV Dimensional International SM | 0.14% | 11,391 | $375K | Reduce -3.1% |
| XHR Xenia Hotels & Resorts Inc. | 0.14% | 29,347 | $369K | Add +2.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.14% | 5,462 | $367K | Add +39.2% |
| MCK McKesson Corp. | 0.13% | 481 | $353K | Reduce -37.9% |
| VOD Vodafone Group PLC-SP ADR | 0.13% | 32,091 | $342K | Add +10.1% |
| XNCMX Nuveen Ca Amt-FR Muni Inc. | 0.13% | 28,761 | $339K | No change |
| UYG Proshares Ultra Financials | 0.13% | 3,510 | $335K | No change |
| EME Emcor Group Inc. | 0.12% | 617 | $330K | Reduce -7.2% |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -5.2% | 12.79% | −3.07 |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | Sold out | 0.00% | −0.15 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.9% | 0.32% | −0.14 |
| COP Conocophillips | Reduce -0.1% | 0.44% | −0.12 |
| SBUX Starbucks Corp. | Reduce -1.9% | 0.58% | −0.11 |
| DVN Devon Energy Corp. | Reduce -2.0% | 0.35% | −0.11 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.10 |
| CVX Chevron Corp. | Reduce -0.3% | 0.36% | −0.10 |
| BABA Alibaba Group Holding-SP ADR | Reduce -0.1% | 0.37% | −0.10 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -1.3% | 0.87% | −0.09 |
| AOA iShares Core 80/20 Aggressiv | Sold out | 0.00% | −0.09 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.09 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −0.08 |
| O Realty Income Corp. | Sold out | 0.00% | −0.08 |
| MCK McKesson Corp. | Reduce -37.9% | 0.13% | −0.08 |
| MAR Marriott International Class A | Reduce -26.8% | 0.24% | −0.07 |
| V Visa Inc. Class A | Reduce -0.6% | 0.77% | −0.06 |
| IVV iShares Core S&P 500 ETF | Reduce -8.6% | 0.78% | −0.06 |
| CRM Salesforce Inc. | Reduce -2.8% | 0.56% | −0.06 |
| MO Altria Group Inc. | Reduce -2.1% | 0.41% | −0.06 |
| AMGN Amgen Inc. | Reduce -1.9% | 0.23% | −0.06 |
| OXY Occidental Petroleum Corp. | Reduce -2.0% | 0.17% | −0.05 |
| HON Honeywell International Inc. | Reduce -34.0% | 0.10% | −0.05 |
| FBND Fidelity Total Bond ETF | Reduce -9.7% | 0.23% | −0.05 |
| WYNN WYNN Resorts Ltd. | Reduce -7.2% | 0.97% | −0.04 |
| T AT&T Inc. | Reduce -0.3% | 0.62% | −0.04 |
| MA Mastercard Inc. Class A | Reduce -2.5% | 0.38% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -4.9% | 0.14% | −0.03 |
| LLY Eli Lilly & Co. | Reduce -0.6% | 0.20% | −0.03 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -2.3% | 0.28% | −0.03 |
| GSK GSK PLC-Spon ADR | Reduce -0.5% | 0.26% | −0.03 |
| SPG Simon Property Group Inc. | Reduce -0.7% | 0.17% | −0.02 |
| IYH iShares U.S. Healthcare ETF | Reduce -2.0% | 0.10% | −0.02 |
| PEP Pepsico Inc. | Reduce -0.8% | 0.08% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -0.4% | 0.09% | −0.02 |
| TEVA Teva Pharmaceutical-SP ADR | Reduce -19.6% | 0.07% | −0.02 |
| DFSV Dimensional US Small Cap Val | Reduce -3.2% | 0.23% | −0.02 |
| DUK Duke Energy Corp. | Reduce -0.5% | 0.11% | −0.01 |
| RTX RTX Corp. | Reduce -6.3% | 0.25% | −0.01 |
| RSPT Invesco S&P 500 Equal Weight | Reduce -19.3% | 0.08% | −0.01 |
| UNP Union Pacific Corp. | Reduce -1.2% | 0.08% | −0.01 |
| SHW The Sherwin-Williams Co. | Reduce -0.6% | 0.09% | −0.01 |
| LYG Lloyds Banking Group PLC-ADR | Reduce -23.2% | 0.03% | −0.01 |
| XLF SS Financial Select Sector | Reduce -3.7% | 0.09% | −0.01 |
| DFEV Dimensional Emrg MRKT Val | Reduce -7.8% | 0.09% | −0.01 |
| SLV iShares Silver Trust | Reduce -1.9% | 0.11% | −0.00 |
| UBRL Granite 2X Long Uber ETF | Reduce -32.0% | 0.09% | −0.00 |
| IMTM iShares MSCI Intl Momentum F | Reduce -9.5% | 0.09% | −0.00 |
| BX Blackstone Inc. | Reduce -3.3% | 0.09% | −0.00 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -2.4% | 0.41% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| BA The Boeing Co. | Add +1.6% | 2.47% | +0.32 |
| UNH Unitedhealth Group Inc. | Add +271.7% | 0.41% | +0.21 |
| GOOGL Alphabet Inc. Class A | Add +0.2% | 3.63% | +0.18 |
| BAC Bank of America Corp. | Add +5.1% | 1.78% | +0.16 |
| GEV GE Vernova Inc. | New | 0.10% | +0.10 |
| VXUS Vanguard Total Intl Stock | New | 0.10% | +0.10 |
| ORCL Oracle Corp. | Add +0.2% | 0.30% | +0.09 |
| TTD Trade Desk Inc./the Class A | New | 0.09% | +0.09 |
| LRCX Lam Research Corp. | New | 0.09% | +0.09 |
| AMAT Applied Materials Inc. | New | 0.08% | +0.08 |
| PLTR Palantir Technologies Inc. Class A | Add +13.3% | 0.18% | +0.07 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +1.2% | 0.66% | +0.06 |
| SVIX -1X Short Vix Futures ETF | New | 0.06% | +0.06 |
| VHT Vanguard Health Care ETF | Add +57.3% | 0.16% | +0.04 |
| VEU Vanguard Ftse All-World Ex-U | Add +39.2% | 0.14% | +0.04 |
| SHOP Shopify Inc. Class A | Add +1.9% | 0.28% | +0.03 |
| PFE Pfizer Inc. | Add +19.1% | 0.68% | +0.03 |
| IBIT iShares Bitcoin Trust ETF | Add +11.8% | 0.12% | +0.03 |
| BXP BXP Inc. | Add +37.0% | 0.14% | +0.03 |
| WFC Wells Fargo & Co. | Add +2.7% | 0.57% | +0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.0% | 1.41% | +0.03 |
| PYPL PayPal Holdings Inc. | Add +1.5% | 0.39% | +0.02 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +23.1% | 0.11% | +0.02 |
| MBOT Microbot Medical Inc. | New | 0.02% | +0.02 |
| CAT Caterpillar Inc. | Add +0.2% | 0.22% | +0.02 |
| VOD Vodafone Group PLC-SP ADR | Add +10.1% | 0.13% | +0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +22.3% | 0.10% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +7.6% | 0.18% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +0.2% | 0.24% | +0.01 |
| PM Philip Morris International | Add +0.5% | 0.18% | +0.01 |
| HUMA Humacyte Inc. | New | 0.01% | +0.01 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +12.2% | 0.25% | +0.01 |
| HD Home Depot Inc. | Add +12.3% | 0.26% | +0.01 |
| F Ford Motor Co. | Add +3.6% | 0.24% | +0.01 |
| PLUG Plug Power Inc. | Add +49.2% | 0.02% | +0.01 |
| MITK Mitek Systems Inc. | Add +7.9% | 0.04% | +0.01 |
| VYM Vanguard High DVD Yield ETF | Add +6.4% | 0.55% | +0.01 |
| GNL Global Net Lease Inc. | Add +23.7% | 0.07% | +0.00 |
| BFLY Butterfly Network Inc. | Add +53.1% | 0.02% | +0.00 |
| XHR Xenia Hotels & Resorts Inc. | Add +2.7% | 0.14% | +0.00 |
| BND Vanguard Total Bond Market | Add +7.7% | 0.24% | −0.00 |
| TGT Target Corp. | Add +8.8% | 0.08% | −0.00 |
| MET Metlife Inc. | Add +2.5% | 0.08% | −0.00 |
| GLD SPDR Gold Shares | Add +1.1% | 0.31% | −0.00 |
| IEF iShares 7-10 Year Treasury B | Add +2.4% | 0.10% | −0.01 |
| EQNR Equinor ASA-Spon ADR | Add +5.3% | 0.08% | −0.01 |
| GERN Geron Corp. | Add +6.7% | 0.05% | −0.01 |
| SO The Southern Co. | Add +0.4% | 0.10% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Add +0.1% | 0.24% | −0.01 |
| XEL Xcel Energy Inc. | Add +0.2% | 0.09% | −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 |