Los Angeles Capital Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Los Angeles Capital Management LLC reported 2,499 stock positions worth $29.3 billion. Its top holding was Nvidia (NVDA) at 9.9% of the portfolio, followed by Apple (AAPL, 7.8%) and Microsoft (MSFT, 6.8%). Compared with Q3 2025, it opened 1,213 new positions, sold out of 58, added to 369 and reduced 750. The biggest buy was Apple (AAPL, shares +10%) and the biggest sale an exit from Carnival (CCL).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGELES, CA
- CIK
- 0001177206
- Portfolio Value
- $29.3B (Q4 2025)
- SEC Filing
- 0001177206-26-000003 ↗ filed Feb 11, 2026
Holdings Value
Holdings 2,499 stocks · $29.3B
| NVDA Nvidia Corp. | 9.93% | 14,362,222 | $2.9B | Reduce -1.8% |
| AAPL Apple Inc. | 7.76% | 8,388,193 | $2.3B | Add +10.1% |
| MSFT Microsoft Corp. | 6.77% | 3,779,345 | $2.0B | Add +2.6% |
| AVGO Broadcom Inc. | 3.86% | 3,010,213 | $1.1B | Reduce -1.8% |
| META Meta Platforms Inc. Class A | 3.46% | 1,525,396 | $1.0B | Add +0.0% |
| AMZN Amazon.com Inc. | 2.67% | 3,516,962 | $783.8M | Reduce -4.0% |
| GOOG Alphabet Inc. Class C | 2.41% | 2,512,041 | $708.1M | Reduce -10.6% |
| GOOGL Alphabet Inc. Class A | 2.34% | 2,441,677 | $687.3M | Reduce -10.3% |
| NFLX Netflix Inc. | 1.99% | 535,014 | $582.6M | Reduce -90.1% |
| ABBV Abbvie Inc. | 1.81% | 2,331,629 | $532.1M | Add +0.3% |
| GILD Gilead Sciences Inc. | 1.28% | 3,168,875 | $375.3M | Reduce -17.6% |
| TSLA Tesla Inc. | 1.19% | 790,762 | $348.0M | Add +49.6% |
| GE General Electric filed as GE AEROSPACE | 1.18% | 1,111,339 | $345.3M | Reduce -15.7% |
| MRK Merck & Co. Inc. | 1.13% | 3,846,868 | $331.9M | Add +12.7% |
| APH Amphenol Corp. Class A | 1.05% | 2,222,315 | $309.1M | Reduce -14.3% |
| PLTR Palantir Technologies Inc. Class A | 1.04% | 1,567,504 | $305.0M | Add +12.2% |
| AMD Advanced Micro Devices | 1.04% | 1,192,012 | $303.8M | Reduce -1.9% |
| NEM Newmont Corp. | 0.98% | 3,479,436 | $286.4M | Add +2.7% |
| HWM Howmet Aerospace Inc. | 0.81% | 1,174,072 | $236.9M | Reduce -5.6% |
| ANET Arista Networks Inc. | 0.79% | 1,468,670 | $232.7M | Reduce -7.0% |
| JNJ Johnson & Johnson | 0.78% | 1,217,016 | $230.1M | Add +26.5% |
| LLY Eli Lilly & Co. | 0.75% | 260,276 | $219.8M | Add +13.0% |
| BKNG Booking Holdings Inc. | 0.74% | 42,789 | $217.4M | Reduce -5.7% |
| GLW Corning Inc. | 0.73% | 2,386,539 | $215.5M | Reduce -5.7% |
| INCY Incyte Corp. | 0.72% | 2,288,874 | $211.9M | Add +30.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.72% | 1,881,286 | $210.4M | Add +12.0% |
| TT Trane Technologies PLC | 0.71% | 469,046 | $209.4M | Reduce -21.6% |
| SYF Synchrony Financial | 0.70% | 2,786,730 | $205.1M | Reduce -4.4% |
| COF Capital One Financial Corp. | 0.69% | 929,679 | $203.0M | Reduce -8.7% |
| BMY Bristol-Myers Squibb Co. | 0.67% | 4,315,403 | $196.9M | Add +34.1% |
| LRCX Lam Research Corp. | 0.63% | 1,146,185 | $184.5M | Add +56.3% |
| GD General Dynamics Corp. | 0.63% | 532,298 | $183.5M | Reduce -3.7% |
| NBIX Neurocrine Biosciences Inc. | 0.61% | 1,291,278 | $178.2M | Add +7.4% |
| ADI Analog Devices Inc. | 0.57% | 723,874 | $168.6M | Add +5.6% |
| EIX Edison International | 0.57% | 3,022,390 | $168.2M | Add +0.9% |
| STX Seagate Technology Holdings | 0.56% | 610,610 | $163.8M | Reduce -6.3% |
| WFC Wells Fargo & Co. | 0.51% | 1,724,259 | $148.3M | Add +818.5% |
| ORCL Oracle Corp. | 0.49% | 565,046 | $145.2M | Add +12.2% |
| TEL Te Connectivity PLC | 0.47% | 568,104 | $138.3M | Add +0.1% |
| HIG Hartford Insurance Group Inc. | 0.47% | 1,111,847 | $137.3M | Add +87.7% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.46% | 8,377,099 | $134.5M | Add +54.1% |
| HCA HCA Healthcare Inc. | 0.46% | 288,017 | $134.4M | Add +1097.4% |
| JPM JPMorgan Chase & Co. | 0.46% | 434,005 | $134.3M | Reduce -23.8% |
| KLAC KLA Corp. | 0.43% | 104,405 | $126.8M | Add +39.9% |
| LMT Lockheed Martin Corp. | 0.43% | 258,400 | $126.5M | Add +5.4% |
| ALL Allstate Corp. | 0.42% | 646,437 | $124.0M | Add +45.2% |
| DXCM Dexcom Inc. | 0.42% | 1,811,734 | $123.6M | Add +11.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.42% | 293,301 | $123.2M | Add +726.9% |
| IDXX Idexx Laboratories Inc. | 0.41% | 191,665 | $120.5M | Add +41.5% |
| WELL Welltower Inc. | 0.40% | 643,574 | $116.4M | Add +250.0% |
| FCX Freeport-McMoran Inc. | 0.39% | 2,709,518 | $113.1M | Reduce -25.6% |
| RTX RTX Corp. | 0.38% | 624,631 | $110.8M | Add +85.8% |
| PSX Phillips 66 | 0.37% | 788,034 | $108.0M | Add +12.2% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.37% | 240,052 | $107.9M | Add +50.6% |
| C Citigroup Inc. | 0.35% | 1,014,644 | $101.7M | Reduce -9.8% |
| AXP American Express Co. | 0.34% | 277,571 | $99.6M | Reduce -26.3% |
| UAL United Airlines Holdings Inc. | 0.33% | 1,045,485 | $97.6M | Add +47.8% |
| APP AppLovin Corp. Class A | 0.33% | 153,800 | $95.5M | Add +7.8% |
| PCG P G & E Corp. | 0.31% | 5,718,699 | $90.9M | Add +9.8% |
| EXPE Expedia Group Inc. | 0.31% | 412,086 | $90.9M | Reduce -45.4% |
| GEV GE Vernova Inc. | 0.31% | 157,425 | $90.4M | Add +35.6% |
| CI The Cigna Group | 0.30% | 358,656 | $88.6M | Add +479.4% |
| DAL Delta Air Lines Inc. | 0.30% | 1,547,251 | $88.4M | Add +114.0% |
| SCHW Schwab (charles) Corp. | 0.30% | 926,947 | $87.5M | Reduce -52.8% |
| HEI Heico Corp. | 0.30% | 280,569 | $87.1M | Reduce -3.1% |
| HEI.A Heico Corp. Class A | 0.29% | 347,701 | $84.0M | Add +14.3% |
| MA Mastercard Inc. Class A | 0.29% | 151,299 | $83.8M | Reduce -52.7% |
| PM Philip Morris International | 0.29% | 574,472 | $83.7M | Reduce -19.5% |
| VEEV Veeva Systems Inc. Class A | 0.28% | 289,693 | $82.6M | Reduce -45.4% |
| SNOW Snowflake Inc. | 0.28% | 304,228 | $82.5M | Reduce -18.7% |
| GM General Motors Co. | 0.27% | 1,169,627 | $80.3M | Add +3526.1% |
| HPQ HP Inc. | 0.27% | 2,848,611 | $78.4M | Add +118.7% |
| MNST Monster Beverage Corp. | 0.27% | 1,169,988 | $77.9M | Reduce -8.0% |
| UHS Universal Health Services-B | 0.25% | 339,326 | $74.2M | Add +47.4% |
| NOW ServiceNow Inc. | 0.25% | 78,728 | $73.6M | Reduce -81.1% |
| KEYS Keysight Technologies Inc. | 0.25% | 417,665 | $73.2M | Add +2.5% |
| EME Emcor Group Inc. | 0.25% | 112,828 | $73.1M | Reduce -10.0% |
| HALO Halozyme Therapeutics Inc. | 0.24% | 1,095,916 | $70.8M | Add +1.4% |
| CFG Citizens Financial Group | 0.23% | 1,359,447 | $68.7M | Reduce -23.9% |
| CVNA Carvana Co. | 0.23% | 219,680 | $67.0M | Add +31.4% |
| ACM Aecom | 0.23% | 498,235 | $66.6M | Reduce -41.6% |
| REGN Regeneron Pharmaceuticals | 0.22% | 100,508 | $65.7M | Add +5.4% |
| ROK Rockwell Automation Inc. | 0.22% | 178,430 | $65.2M | Reduce -2.4% |
| PH Parker Hannifin Corp. | 0.22% | 83,166 | $64.4M | Reduce -0.1% |
| ETN Eaton Corp. PLC | 0.22% | 165,603 | $63.4M | Reduce -7.4% |
| VLO Valero Energy Corp. | 0.22% | 372,640 | $63.4M | Add +200.4% |
| TMUS T-Mobile US Inc. | 0.21% | 296,083 | $62.4M | Add +32.7% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.21% | 341,050 | $62.3M | Reduce -25.4% |
| NRG NRG Energy Inc. | 0.21% | 355,175 | $61.5M | Reduce -1.4% |
| MO Altria Group Inc. | 0.21% | 1,064,669 | $60.8M | Add +1.8% |
| CTAS Cintas Corp. | 0.20% | 316,810 | $58.3M | Reduce -39.2% |
| BMRN Biomarin Pharmaceutical Inc. | 0.20% | 1,111,698 | $57.7M | Reduce -16.6% |
| SCCO Southern Copper Corp. | 0.19% | 401,272 | $56.2M | Add +13.3% |
| NET Cloudflare Inc. Class A | 0.19% | 251,529 | $56.0M | Add +40.5% |
| ES Eversource Energy | 0.18% | 734,480 | $54.2M | Reduce -8.5% |
| PNC PNC Financial Services Group | 0.18% | 297,032 | $54.2M | Reduce -0.0% |
| CINF Cincinnati Financial Corp. | 0.18% | 347,320 | $53.6M | Add +15.8% |
| MCK McKesson Corp. | 0.18% | 63,874 | $52.7M | Add +5.6% |
| MEDP Medpace Holdings Inc. | 0.18% | 89,741 | $52.1M | Add +11.7% |
| LNG Cheniere Energy Inc. | 0.17% | 241,202 | $51.0M | Reduce -9.2% |
Portfolio Sells Q3 2025 → Q4 2025
| CCL Carnival Corp. | Sold out | 0.00% | −0.48 |
| SPG Simon Property Group Inc. | Sold out | 0.00% | −0.43 |
| AU Anglogold Ashanti PLC | Sold out | 0.00% | −0.34 |
| SCHW Schwab (charles) Corp. | Reduce -52.8% | 0.30% | −0.34 |
| MA Mastercard Inc. Class A | Reduce -52.7% | 0.29% | −0.33 |
| CBOE Cboe Global Markets Inc. | Reduce -81.2% | 0.07% | −0.29 |
| VEEV Veeva Systems Inc. Class A | Reduce -45.4% | 0.28% | −0.26 |
| EBAY eBay Inc. | Reduce -60.7% | 0.14% | −0.25 |
| EXPE Expedia Group Inc. | Reduce -45.4% | 0.31% | −0.24 |
| RMD Resmed Inc. | Reduce -63.0% | 0.12% | −0.23 |
| NFLX Netflix Inc. | Reduce -90.1% | 1.99% | −0.21 |
| V Visa Inc. Class A | Reduce -64.8% | 0.11% | −0.21 |
| GILD Gilead Sciences Inc. | Reduce -17.6% | 1.28% | −0.17 |
| GE General Electric | Reduce -15.7% | 1.18% | −0.17 |
| CTAS Cintas Corp. | Reduce -39.2% | 0.20% | −0.16 |
| LYFT LYFT Inc. Class A | Reduce -49.0% | 0.14% | −0.16 |
| JPM JPMorgan Chase & Co. | Reduce -23.8% | 0.46% | −0.15 |
| ACM Aecom | Reduce -41.6% | 0.23% | −0.15 |
| TT Trane Technologies PLC | Reduce -21.6% | 0.71% | −0.14 |
| COST Costco Wholesale Corp. | Reduce -62.9% | 0.08% | −0.14 |
| GRMN Garmin Ltd. | Reduce -97.3% | 0.00% | −0.14 |
| EQH Equitable Holdings Inc. | Reduce -73.5% | 0.04% | −0.12 |
| PINS Pinterest Inc. Class A | Reduce -74.1% | 0.04% | −0.11 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.11 |
| PGR Progressive Corp. | Reduce -37.1% | 0.13% | −0.11 |
| VZ Verizon Communications Inc. | Reduce -37.5% | 0.14% | −0.11 |
| PM Philip Morris International | Reduce -19.5% | 0.29% | −0.11 |
| CSCO Cisco Systems Inc. | Reduce -50.0% | 0.12% | −0.10 |
| MCHP Microchip Technology Inc. | Reduce -68.1% | 0.05% | −0.10 |
| FCX Freeport-McMoran Inc. | Reduce -25.6% | 0.39% | −0.10 |
| MTB M & T Bank Corp. | Reduce -25.4% | 0.21% | −0.09 |
| RF Regions Financial Corp. | Reduce -32.0% | 0.15% | −0.09 |
| BKNG Booking Holdings Inc. | Reduce -5.7% | 0.74% | −0.09 |
| TRGP Targa Resources Corp. | Reduce -40.5% | 0.11% | −0.09 |
| CFG Citizens Financial Group | Reduce -23.9% | 0.23% | −0.09 |
| AWI Armstrong World Industries | Reduce -41.4% | 0.12% | −0.09 |
| AXP American Express Co. | Reduce -26.3% | 0.34% | −0.09 |
| ONON On Holding AG Class A | Reduce -96.4% | 0.00% | −0.08 |
| DECK Deckers Outdoor Corp. | Reduce -61.5% | 0.04% | −0.08 |
| VICI Vici Properties Inc. | Sold out | 0.00% | −0.08 |
| MRVL Marvell Technology Inc. | Reduce -76.3% | 0.03% | −0.08 |
| FAST Fastenal Co. | Reduce -88.7% | 0.01% | −0.07 |
| CRM Salesforce Inc. | Reduce -62.0% | 0.05% | −0.07 |
| CBSH Commerce Bancshares Inc. | Reduce -79.0% | 0.02% | −0.07 |
| QCOM Qualcomm Inc. | Reduce -49.0% | 0.08% | −0.07 |
| VTR Ventas Inc. | Sold out | 0.00% | −0.06 |
| PEN Penumbra Inc. | Reduce -68.9% | 0.03% | −0.06 |
| CAT Caterpillar Inc. | Reduce -81.1% | 0.02% | −0.06 |
| LOPE Grand Canyon Education Inc. | Reduce -23.8% | 0.16% | −0.06 |
| DUOL Duolingo | Reduce -41.9% | 0.06% | −0.06 |
Portfolio Buys Q3 2025 → Q4 2025
| AAPL Apple Inc. | Add +10.1% | 7.76% | +1.18 |
| WFC Wells Fargo & Co. | Add +818.5% | 0.51% | +0.45 |
| HCA HCA Healthcare Inc. | Add +1097.4% | 0.46% | +0.42 |
| TSLA Tesla Inc. | Add +49.6% | 1.19% | +0.39 |
| VRTX Vertex Pharmaceuticals Inc. | Add +726.9% | 0.42% | +0.37 |
| MSFT Microsoft Corp. | Add +2.6% | 6.77% | +0.30 |
| LRCX Lam Research Corp. | Add +56.3% | 0.63% | +0.30 |
| WELL Welltower Inc. | Add +250.0% | 0.40% | +0.29 |
| GM General Motors Co. | Add +3526.1% | 0.27% | +0.27 |
| CI The Cigna Group | Add +479.4% | 0.30% | +0.24 |
| INCY Incyte Corp. | Add +30.0% | 0.72% | +0.22 |
| HIG Hartford Insurance Group Inc. | Add +87.7% | 0.47% | +0.20 |
| RTX RTX Corp. | Add +85.8% | 0.38% | +0.19 |
| JNJ Johnson & Johnson | Add +26.5% | 0.78% | +0.18 |
| BMY Bristol-Myers Squibb Co. | Add +34.1% | 0.67% | +0.18 |
| PLTR Palantir Technologies Inc. Class A | Add +12.2% | 1.04% | +0.17 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +54.1% | 0.46% | +0.16 |
| DAL Delta Air Lines Inc. | Add +114.0% | 0.30% | +0.16 |
| MRK Merck & Co. Inc. | Add +12.7% | 1.13% | +0.16 |
| KLAC KLA Corp. | Add +39.9% | 0.43% | +0.16 |
| LLY Eli Lilly & Co. | Add +13.0% | 0.75% | +0.15 |
| HPQ HP Inc. | Add +118.7% | 0.27% | +0.15 |
| VLO Valero Energy Corp. | Add +200.4% | 0.22% | +0.14 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +50.6% | 0.37% | +0.12 |
| IDXX Idexx Laboratories Inc. | Add +41.5% | 0.41% | +0.12 |
| TRV The Travelers Cos Inc. | Add +216.8% | 0.16% | +0.11 |
| UAL United Airlines Holdings Inc. | Add +47.8% | 0.33% | +0.10 |
| DUK Duke Energy Corp. | Add +497.7% | 0.12% | +0.10 |
| ALL Allstate Corp. | Add +45.2% | 0.42% | +0.10 |
| UHS Universal Health Services-B | Add +47.4% | 0.25% | +0.09 |
| SFM Sprouts Farmers Market Inc. | Add +332.5% | 0.13% | +0.09 |
| PEP Pepsico Inc. | Add +125.2% | 0.14% | +0.08 |
| ISRG Intuitive Surgical Inc. | Add +1004.8% | 0.08% | +0.08 |
| NOC Northrop Grumman Corp. | Add +77.6% | 0.17% | +0.07 |
| CRH CRH PLC | New | 0.07% | +0.07 |
| PEGA Pegasystems Inc. | Add +259.7% | 0.09% | +0.07 |
| GEV GE Vernova Inc. | Add +35.6% | 0.31% | +0.07 |
| DIS The Walt Disney Co. | Add +12.0% | 0.72% | +0.06 |
| SNX TD Synnex Corp. | Add +395.3% | 0.08% | +0.06 |
| CB Chubb Ltd. | Add +622.4% | 0.07% | +0.06 |
| NET Cloudflare Inc. Class A | Add +40.5% | 0.19% | +0.06 |
| RDDT Reddit Inc. Class A | Add +995.9% | 0.07% | +0.06 |
| VST Vistra Corp. | Add +55.1% | 0.16% | +0.05 |
| DXCM Dexcom Inc. | Add +11.8% | 0.42% | +0.05 |
| MSTR Strategy Inc. | Add +3200.3% | 0.05% | +0.05 |
| TEL Te Connectivity PLC | Add +0.1% | 0.47% | +0.05 |
| SCCO Southern Copper Corp. | Add +13.3% | 0.19% | +0.05 |
| ADSK Autodesk Inc. | Add +83.4% | 0.10% | +0.04 |
| BAC Bank of America Corp. | Add +38.3% | 0.15% | +0.04 |
| PSX Phillips 66 | Add +12.2% | 0.37% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2,324 | $27.2B | NVDA, AAPL, MSFT, AVGO, GOOG |
| Q1 2026 | 2,374 | $25.4B | NVDA, AAPL, MSFT, AVGO, GOOG |
| Q4 2025 | 2,499 | $29.3B | NVDA, AAPL, MSFT, AVGO, META |
| Q3 2025 | 1,344 | $29.5B | NVDA, AAPL, MSFT, META, AVGO |
| Q2 2025 | 1,320 | $26.7B | NVDA, MSFT, AAPL, META, AVGO |
| Q1 2025 | 1,078 | $22.6B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 1,098 | $24.6B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 1,152 | $24.8B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 1,163 | $28.0B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q1 2024 | 1,124 | $29.3B | MSFT, NVDA, AAPL, AMZN, META |