Latest LAZARI CAPITAL MANAGEMENT, INC. Stock Portfolio

LAZARI CAPITAL MANAGEMENT, INC. Performance:

2025 Q3: 8.72%YTD: 17.85%2024: 24.61%

Performance for 2025 Q3 is 8.72%, and YTD is 17.85%, and 2024 is 24.61%.

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 $296.3 Millions as of 30 Sep, 2025.

The top stock holdings of LAZARI CAPITAL MANAGEMENT, INC. are AAPL, META, NVDA. The fund has invested 13.7% of it's portfolio in APPLE INC and 8.2% of portfolio in META PLATFORMS INC.

The fund managers got completely rid off DIREXION SHS ETF TR (COM), THE TRADE DESK INC (TTD) and DIMENSIONAL ETF TRUST (DFAC) stocks. They significantly reduced their stock positions in WYNN RESORTS LTD (WYNN), GSK PLC and INTERNATIONAL BUSINESS MACHS (IBM). LAZARI CAPITAL MANAGEMENT, INC. opened new stock positions in DIREXION SHS ETF TR (COM), BLOOM ENERGY CORP (BE) and FISERV INC. The fund showed a lot of confidence in some stocks as they added substantially to TESLA INC (TSLA), ELI LILLY & CO (LLY) and UNITEDHEALTH GROUP INC (UNH).

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

Our best estimate is that LAZARI CAPITAL MANAGEMENT, INC. made a return of 8.72% in the last quarter. In trailing 12 months, it's portfolio return was 22.24%.

New Buys

Ticker	$ Bought
boeing co	2,074,920
direxion shs etf tr	1,661,680
bloom energy corp	643,916
fiserv inc	247,030
intel corp	217,236
ishares tr	213,101
oklo inc	212,097
fastenal co	207,145

New stocks bought by LAZARI CAPITAL MANAGEMENT, INC.

Additions

Ticker	% Inc.
tesla inc	100
eli lilly & co	64.52
unitedhealth group inc	59.58
butterfly network inc	10.67
berkshire hathaway inc del	7.41
blackstone inc	4.5
ge vernova inc	4.2
vodafone group plc new	4.11

Additions to existing portfolio by LAZARI CAPITAL MANAGEMENT, INC.

Reductions

Ticker	% Reduced
wynn resorts ltd	-61.02
gsk plc	-22.86
international business machs	-21.24
dimensional etf trust	-20.81
fidelity merrimack str tr	-17.66
dimensional etf trust	-17.53
ishares inc	-16.78
ishares tr	-16.6

LAZARI CAPITAL MANAGEMENT, INC. reduced stake in above stock

Sold off

Ticker	$ Sold
direxion shs etf tr	-308,602
vs trust	-164,406
dimensional etf trust	-229,933
the trade desk inc	-235,191
target corp	-212,144
waste mgmt inc del	-205,023

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

Sector Distribution

LAZARI CAPITAL MANAGEMENT, INC. has about 33.2% of it's holdings in Technology sector.

Sector	%
Technology	33.2
Communication Services	18.6
Others	16
Consumer Cyclical	10.9
Financial Services	6.4
Healthcare	4.2
Industrials	3.7
Energy	2.3
Utilities	1.9
Consumer Defensive	1.8

Market Cap. Distribution

LAZARI CAPITAL MANAGEMENT, INC. has about 81.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	59.1
LARGE-CAP	22.7
UNALLOCATED	16
SMALL-CAP	1.1

Stocks belong to which Index?

About 77.3% of the stocks held by LAZARI CAPITAL MANAGEMENT, INC. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	75.8
Others	22.7
RUSSELL 2000	1.5

Top 5 Winners (%)		%
LCTX	lineage cell therapeutics in	86.3 %
PLUG	plug power inc	56.4 %
GOOG	alphabet inc	38.0 %
LRCX	lam research corp	37.6 %
GOOG	alphabet inc	37.3 %

Top 5 Winners ($)		$
AAPL	apple inc	8.2 M
GOOG	alphabet inc	3.7 M
NVDA	nvidia corporation	2.9 M
TSLA	tesla inc	1.4 M
WYNN	wynn resorts ltd	1.0 M

Top 5 Losers (%)		%
HUMA	humacyte inc	-16.7 %
CRM	salesforce inc	-13.1 %
PM	philip morris intl inc	-10.9 %
NFLX	netflix inc	-10.4 %
PYPL	paypal hldgs inc	-9.8 %

Top 5 Losers ($)		$
DIS	disney walt co	-0.6 M
NFLX	netflix inc	-0.5 M
CRM	salesforce inc	-0.2 M
META	meta platforms inc	-0.1 M
SBUX	starbucks corp	-0.1 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 164 stocks in it's portfolio. About 55.3% of the portfolio is in top 10 stocks. DIS proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for LAZARI CAPITAL MANAGEMENT, INC. last quarter.

Last Reported on: 28 Oct, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	13.70	159,399	40,587,900	reduced	-3.73

AAXJ	ishares tr	0.24	13,579	720,094	reduced	-3.35

AAXJ	ishares tr	0.09	8,217	259,822	unchanged	0.00

ABBV	abbvie inc	1.26	16,192	3,749,200	reduced	-0.28

ACES	alps etf tr	0.10	6,280	294,720	unchanged	0.00

ACWF	ishares tr	0.08	5,137	245,960	reduced	-1.82

AGNC	agnc invt corp	0.08	25,105	245,778	unchanged	0.00

ALCC	oklo inc	0.07	1,900	212,097	new

AMAT	applied matls inc	0.08	1,182	242,003	reduced	-0.59

AMD	advanced micro devices inc	1.30	23,748	3,842,190	reduced	-1.98

AMGN	amgen inc	0.22	2,256	636,728	added	1.21

AMPS	ishares tr	0.74	21,263	2,197,740	reduced	-4.81

AMZN	amazon com inc	5.71	77,037	16,915,000	reduced	-0.81

AOA	ishares tr	0.07	2,418	213,101	new

AVGO	broadcom inc	1.21	10,891	3,593,050	reduced	-7.02

AXP	american express co	0.45	4,008	1,331,240	unchanged	0.00

BA	boeing co	2.31	31,714	6,844,830	added	1.25

BA	boeing co	0.70	29,825	2,074,920	new

BABA	alibaba group hldg ltd	0.51	8,454	1,510,980	reduced	-1.15

BAC	bank america corp	1.61	92,616	4,778,040	reduced	-7.27