Latest LAZARI CAPITAL MANAGEMENT, INC. Stock Portfolio

LAZARI CAPITAL MANAGEMENT, INC. Performance:

2025 Q4: -5.7%YTD: 9.41%2024: 24.23%

Performance for 2025 Q4 is -5.7%, and YTD is 9.41%, and 2024 is 24.23%.

About LAZARI CAPITAL MANAGEMENT, INC. and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, LAZARI CAPITAL MANAGEMENT, INC. reported an equity portfolio of $297 Millions as of 31 Dec, 2025.

The top stock holdings of LAZARI CAPITAL MANAGEMENT, INC. are AAPL, META, NVDA. The fund has invested 14.2% of it's portfolio in APPLE INC and 7.4% of portfolio in META PLATFORMS INC.

The fund managers got completely rid off GRANITESHARES ETF TR (COMB), KIMBERLY-CLARK CORP (KMB) and OKLO INC (ALCC) stocks. They significantly reduced their stock positions in DIREXION SHS ETF TR (COM), SHOPIFY INC and BLOOM ENERGY CORP (BE). LAZARI CAPITAL MANAGEMENT, INC. opened new stock positions in ARES CAPITAL CORP, DIAGEO PLC (DEO) and SELECT SECTOR SPDR TR (XLB). The fund showed a lot of confidence in some stocks as they added substantially to NETFLIX INC (NFLX), FISERV INC and SELECT SECTOR SPDR TR (XLB).

LAZARI CAPITAL MANAGEMENT, INC. Annual Return Estimates Vs S&P 500

Our best estimate is that LAZARI CAPITAL MANAGEMENT, INC. made a return of -5.7% in the last quarter. In trailing 12 months, it's portfolio return was 9.41%.

Performance
S&P 500

New Buys

Ticker	$ Bought
ares capital corp	498,670
diageo plc	355,174
select sector spdr tr	329,981
micron technology inc	228,328
freeport-mcmoran inc	204,818
fedex corp	202,336
target corp	202,317
mueller inds inc	201,359

New stocks bought by LAZARI CAPITAL MANAGEMENT, INC.

Additions

Ticker	% Inc.
netflix inc	875
fiserv inc	195
ishares bitcoin trust etf	106
select sector spdr tr	94.63
spdr series trust	85.52
verizon communications inc	48.44
oracle corp	47.41
costco whsl corp new	21.94

Additions to existing portfolio by LAZARI CAPITAL MANAGEMENT, INC.

Reductions

Ticker	% Reduced
direxion shs etf tr	-55.88
shopify inc	-16.5
bloom energy corp	-16.02
ishares tr	-14.85
block inc	-13.34
dimensional etf trust	-13.11
ishares tr	-12.78
bxp inc	-10.8

LAZARI CAPITAL MANAGEMENT, INC. reduced stake in above stock

Sold off

Ticker	$ Sold
luminar technologies inc	-19,715
vale s a	-109,447
equinor asa	-203,061
graniteshares etf tr	-240,383
fastenal co	-207,145
grayscale bitcoin trust etf	-204,191
oklo inc	-212,097
kimberly-clark corp	-234,754

LAZARI CAPITAL MANAGEMENT, INC. got rid off the above stocks

Sector Distribution

LAZARI CAPITAL MANAGEMENT, INC. has about 32.4% of it's holdings in Technology sector.

Sector	%
Technology	32.4
Communication Services	18.7
Others	15.9
Consumer Cyclical	11
Financial Services	6.7
Healthcare	4.6
Industrials	3.8
Energy	2.3
Consumer Defensive	1.8
Utilities	1.7

Market Cap. Distribution

LAZARI CAPITAL MANAGEMENT, INC. has about 81.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	59.7
LARGE-CAP	22.2
UNALLOCATED	15.9

Stocks belong to which Index?

About 78.4% of the stocks held by LAZARI CAPITAL MANAGEMENT, INC. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	76.9
Others	21.6
RUSSELL 2000	1.5

Top 5 Winners (%)		%
BFLY	butterfly network inc	96.9 %
TEVA	teva pharmaceutical inds ltd	53.5 %
SLV	ishares silver tr	52.0 %
LLY	eli lilly & co	40.9 %
AMD	advanced micro devices inc	30.9 %

Top 5 Winners ($)		$
GOOG	alphabet inc	3.8 M
AAPL	apple inc	2.7 M
AMD	advanced micro devices inc	1.2 M
AMZN	amazon com inc	0.9 M
LLY	eli lilly & co	0.3 M

Top 5 Losers (%)		%
NFLX	netflix inc	-86.7 %
HUMA	humacyte inc	-44.7 %
XLB	select sector spdr tr	-43.0 %
	fiserv inc	-38.1 %
MBOT	microbot med inc	-34.4 %

Top 5 Losers ($)		$
NFLX	netflix inc	-22.4 M
UBER	uber technologies inc	-2.9 M
META	meta platforms inc	-2.5 M
XLB	select sector spdr tr	-0.8 M
MSFT	microsoft corp	-0.6 M

LAZARI CAPITAL MANAGEMENT, INC. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of LAZARI CAPITAL MANAGEMENT, INC.

LAZARI CAPITAL MANAGEMENT, INC. has 163 stocks in it's portfolio. About 54.5% of the portfolio is in top 10 stocks. NFLX proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for LAZARI CAPITAL MANAGEMENT, INC. last quarter.

Last Reported on: 20 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	14.22	155,321	42,225,500	reduced	-2.56

AAXJ	ishares tr	0.24	13,579	718,058	unchanged	0.00

AAXJ	ishares tr	0.07	7,167	221,890	reduced	-12.78

ABBV	abbvie inc	1.25	16,194	3,700,220	added	0.01

ACES	alps etf tr	0.10	6,280	295,286	unchanged	0.00

ACWF	ishares tr	0.07	4,374	209,821	reduced	-14.85

AGNC	agnc invt corp	0.09	25,105	269,126	unchanged	0.00

ALCC	oklo inc	0.00	0.00	0.00	sold off	-100

AMAT	applied matls inc	0.10	1,174	301,706	reduced	-0.68

AMD	advanced micro devices inc	1.55	21,543	4,613,650	reduced	-9.28

AMGN	amgen inc	0.25	2,243	734,255	reduced	-0.58

AMPS	ishares tr	0.73	21,063	2,156,640	reduced	-0.94

AMZN	amazon com inc	5.77	74,205	17,128,100	reduced	-3.68

AOA	ishares tr	0.07	2,299	205,860	reduced	-4.92

AVGO	broadcom inc	1.23	10,591	3,665,540	reduced	-2.75

AXP	american express co	0.50	4,020	1,487,070	added	0.3

BA	boeing co	2.37	32,391	7,032,730	added	2.13

BA	boeing co	0.72	30,775	2,125,320	added	3.19

BABA	alibaba group hldg ltd	0.41	8,257	1,210,310	reduced	-2.33

BAC	bank america corp	1.69	91,317	5,022,420	reduced	-1.4