LAZARI CAPITAL MANAGEMENT, INC.

CIK 1986389 · View on SEC EDGAR ↗

Portfolio value
$324.6M
#4,945 of 9,443 by 13F value · top 52.4%
Positions
188
As of
June 30, 2026

Portfolio value QoQ: +12.9% 13F does not disclose cash

Top 10 holdings weight
52.12%
Top 25 holdings weight
69.11%
Positions above 1%
19
Effective number of positions
25.2

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 2.78% Est. buys $17,039,470 · sells $8,514,452

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 87.0% still held

New positions
23
Increased
73
Decreased
67
Closed
10
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+26.5%
S&P 500 total return (same window)
+28.1%
Excess return
-1.6%

Annualized: +17.0% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 89.9% · Options excluded: 0.0%

Sector breakdown

Technology
30.0%
Communication Services
15.2%
Industrials
9.3%
Retail
7.0%
Healthcare
5.3%
Consumer Discretionary
4.5%
Energy
4.3%
Financials
3.7%
Financial Services
3.1%
Telecommunication
1.9%
Consumer Staples
1.0%
Real Estate
0.6%
Consumer products
0.3%
Utilities
0.3%
Materials
0.2%
Communications
0.1%
Logistics & Transportation
0.1%
Other/Unmapped
13.2%

Full portfolio 188 positions

Type Streak 8Q trend
AAPL Apple Inc. - Common Stock $43,119,544 13.28% 149,017 $4,906,421 Down ×6
NVDA NVIDIA Corporation - Common Stock $20,311,977 6.26% 101,514 $3,976,925 Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $19,740,421 6.08% 55,238 $4,481,067 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $18,538,209 5.71% 32,911 $154,391 Up ×1
AMZN Amazon.com, Inc. - Common Stock $17,974,337 5.54% 75,415 $2,527,708 Up ×1
UBER Uber Technologies, Inc. Common Stock $13,977,684 4.31% 193,704 $512,744 Up ×2
AMD Advanced Micro Devices, Inc. - Common Stock $11,696,042 3.60% 20,134 $7,369,289 Down ×5
TSLA Tesla, Inc. - Common Stock $9,447,389 2.91% 22,462 $1,104,317 Up ×2
BA Boeing Company (The) Common Stock $7,642,769 2.35% 35,306 $899,759 Up ×6
BP BP p.l.c. Common Stock $6,744,155 2.08% 182,521 $-2,027,273 Down ×4
MSFT Microsoft Corporation - Common Stock $6,698,496 2.06% 17,957 $213,628 Up ×2
BAC Bank of America Corporation Common Stock $5,027,768 1.55% 88,237 $661,540 Down ×4
DIS Walt Disney Company (The) Common Stock $4,878,122 1.50% 50,682 $-261,514 Down ×5
VZ Verizon Communications Inc. Common Stock $4,536,283 1.40% 107,139 $-832,421 Up ×3
ABBV AbbVie Inc. Common Stock $4,049,877 1.25% 16,094 $533,492 Down ×2
NFLX Netflix, Inc. - Common Stock $3,932,069 1.21% 55,071 $-103,827 Up ×4
VTI $3,866,728 1.19% 10,449 $520,972 Up ×2
UNH UnitedHealth Group Incorporated Common Stock (DE) $3,607,640 1.11% 8,680 $1,251,004 Down ×1
AVGO Broadcom Inc. - Common Stock $3,503,631 1.08% 9,275 $230,563 Down ×5
JPM JP Morgan Chase & Co. Common Stock $2,758,428 0.85% 8,427 $256,255 Down ×3
SPY SPY $2,743,981 0.85% 3,674 $260,027 Down ×5
MGK $2,556,782 0.79% 29,084 $436,420 Up ×2
GOOG Alphabet Inc. - Class C Capital Stock $2,386,787 0.74% 6,755 $1,376,716 Up ×1
QQQ Invesco QQQ Trust, Series 1 $2,369,013 0.73% 3,217 $526,290 Up ×3
XOM Exxon Mobil Corporation Common Stock $2,249,298 0.69% 16,452 $-514,264 Up ×1
STIP $2,155,678 0.66% 21,101 $-47,898 Down ×1
IVV $2,105,009 0.65% 2,811 $263,232 Down ×2
BE Bloom Energy Corporation Class A Common Stock $1,965,734 0.61% 6,494 $1,085,862
BAPRA $1,943,288 0.60% 28,875 $69,878
AGG $1,896,259 0.58% 19,158 $10,923 Up ×1
SBUX Starbucks Corporation - Common Stock $1,774,646 0.55% 17,366 $206,565 Down ×1
COST Costco Wholesale Corporation - Common Stock $1,722,024 0.53% 1,841 $-126,998 Down ×1
V Visa Inc. $1,671,342 0.51% 4,871 $-117,594 Down ×1
AXP American Express Company Common Stock $1,628,445 0.50% 4,814 $272,229 Up ×3
TTAN ServiceTitan, Inc. - Class A Common Stock $1,576,680 0.49% 22,298 $601,120 Up ×1
JNJ Johnson & Johnson Common Stock $1,569,360 0.48% 6,179 $73,181 Up ×1
VYM $1,569,047 0.48% 9,929 $89,176 Down ×3
PFE Pfizer, Inc. Common Stock $1,552,889 0.48% 64,489 $-283,683 Down ×2
WFC Wells Fargo & Company Common Stock $1,530,752 0.47% 18,523 $49,487 Down ×2
WMT Walmart Inc. - Common Stock $1,530,139 0.47% 13,510 $-151,265 Down ×1
ARCC Ares Capital Corporation - Closed End Fund $1,498,151 0.46% 80,850 $407,040 Up ×2
C Citigroup, Inc. Common Stock $1,458,187 0.45% 10,419 $244,292 Down ×3
LLY Eli Lilly and Company Common Stock $1,341,888 0.41% 1,119 $310,243 Down ×1
MO Altria Group, Inc. $1,323,093 0.41% 18,389 $102,458 Down ×1
CAT Caterpillar, Inc. Common Stock $1,239,544 0.38% 1,164 $341,925 Down ×4
COP ConocoPhillips Common Stock $1,230,990 0.38% 11,841 $-413,994 Down ×3
CVX Chevron Corporation Common Stock $1,159,128 0.36% 6,993 $-283,861 Up ×4
T AT&T Inc. $1,126,671 0.35% 54,429 $-463,960 Down ×6
FISV Fiserv, Inc. - Common Stock $1,120,302 0.35% 22,840 $643,603 Up ×3
GS Goldman Sachs Group, Inc. (The) Common Stock $1,112,507 0.34% 1,100 $96,473 Down ×2
GLD $1,088,168 0.34% 2,954 $-67,732 Up ×2
XLE XLE $1,030,546 0.32% 19,404 $-323,449 Down ×2
DVN Devon Energy Corporation Common Stock $1,026,442 0.32% 24,841 $-325,016 Down ×6
WYNN Wynn Resorts, Limited - Common Stock $1,019,823 0.31% 10,504 $-51,806 Down ×5
ORCL Oracle Corporation Common Stock $1,018,641 0.31% 6,951 $-127,976 Down ×1
MU Micron Technology, Inc. - Common Stock $1,011,256 0.31% 876 $718,675 Up ×2
BMY Bristol-Myers Squibb Company Common Stock $991,531 0.31% 17,208 $-7,435 Up ×1
LRCX Lam Research Corporation - Common Stock $990,592 0.31% 2,286 $472,467 Down ×2
MS Morgan Stanley Common Stock $965,536 0.30% 4,619 $204,953 Down ×3
INTC Intel Corporation - Common Stock $936,219 0.29% 6,705 $633,311 Down ×1
TRGP Targa Resources, Inc. Common Stock $929,440 0.29% 3,466 $60,347
IEFA $903,236 0.28% 9,352 $26,977 Down ×1
RTX RTX Corporation Common Stock $891,617 0.27% 4,699 $26,010 Up ×1
DEO Diageo plc Common Stock $885,775 0.27% 11,020 $102,784 Up ×2
GE GE Aerospace Common Stock $883,281 0.27% 2,363 $212,076 Down ×5
IJR $876,819 0.27% 5,912 $142,813 Up ×6
VOO $870,334 0.27% 1,267 $134,164 Up ×3
TSM Taiwan Semiconductor Manufacturing Company Ltd. $867,267 0.27% 1,816 $252,874 Down ×2
MA Mastercard Incorporated Common Stock $856,284 0.26% 1,667 $-20,207 Down ×6
MAR Marriott International - Class A Common Stock $836,474 0.26% 2,257 $85,231 Down ×3
ASML ASML Holding N.V. - New York Registry Shares $835,565 0.26% 420 $316,479 Up ×1
BRKB $803,760 0.25% 1,606 $1,176 Down ×2
ORCLPRD $800,110 0.25% 17,800 Up ×1
AMAT Applied Materials, Inc. - Common Stock $791,685 0.24% 1,095 $416,741 Down ×4
VMC Vulcan Materials Company (Holding Company) Common Stock $788,562 0.24% 2,673 $60,704
BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share $778,110 0.24% 8,107 $-248,529 Down ×6
VFMO $769,376 0.24% 3,084 $161,640 Up ×1
CRM Salesforce, Inc. Common Stock $737,649 0.23% 4,709 $-190,017 Down ×5
MRK Merck & Company, Inc. Common Stock (new) $733,768 0.23% 5,710 $52,177 Up ×1
F Ford Motor Company Common Stock $723,109 0.22% 52,022 $122,320 Down ×1
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF $696,110 0.21% 13,282 $-4,147 Down ×2
STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) $691,905 0.21% 717 $412,580 Up ×1
AMGN Amgen Inc. - Common Stock $677,273 0.21% 1,870 $-95,495 Down ×3
LQD $667,072 0.21% 6,116 $8,445 Up ×3
GEV GE Vernova Inc. Common Stock $663,517 0.20% 565 $167,924 Down ×1
GSK GSK plc American Depositary Shares (Each representing two Ordinary Shares) $641,621 0.20% 12,240 $-83,797 Down ×1
MESO Mesoblast Limited - American Depositary Shares $641,606 0.20% 47,421 $-67,735 Up ×1
HD Home Depot, Inc. (The) Common Stock $621,335 0.19% 1,762 $33,931 Down ×3
SHOP Shopify Inc. - Class A Subordinate Voting Shares $603,555 0.19% 5,286 $-29,994 Down ×3
SPG Simon Property Group, Inc. Common Stock $589,882 0.18% 2,638 $98,050 Up ×2
Unknown issuer (CUSIP: 84615Q103) $585,731 0.18% 3,428 Up ×1
SCHW Charles Schwab Corporation (The) Common Stock $582,403 0.18% 6,312 $-7,075 Up ×1
DFSV $578,641 0.18% 14,917 $56,886 Up ×1
OXY Occidental Petroleum Corporation Common Stock $556,855 0.17% 11,465 $-129,870 Up ×1
CVBF CVB Financial Corporation - Common Stock $549,679 0.17% 24,376 $77,028
NOW ServiceNow, Inc. Common Stock $526,879 0.16% 5,307 Up ×1
MCD McDonald's Corporation Common Stock $526,023 0.16% 1,946 $-78,774
IBIT iShares Bitcoin Trust ETF $511,848 0.16% 15,375 $43,652 Up ×5
SPXS $511,257 0.16% 19,300 $-270,200
VHT $510,937 0.16% 1,709 $47,098 Up ×6

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
BA $7,642,769 2.35% up ×6
VZ $4,536,283 1.40% up ×3
NFLX $3,932,069 1.21% up ×4
QQQ $2,369,013 0.73% up ×3
AXP $1,628,445 0.50% up ×3
CVX $1,159,128 0.36% up ×4
FISV $1,120,302 0.35% up ×3
IJR $876,819 0.27% up ×6
VOO $870,334 0.27% up ×3
LQD $667,072 0.21% up ×3
IBIT $511,848 0.16% up ×5
VHT $510,937 0.16% up ×6
VBR $355,891 0.11% up ×6
VXUS $350,022 0.11% up ×4
VV $347,784 0.11% up ×6

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
ORCLPRD $800,110 17,800 0.25%
Unknown issuer (CUSIP: 84615Q103) $585,731 3,428 0.18%
NOW $526,879 5,307 0.16%
RKLB $344,187 3,386 0.11%
CRWD $254,889 334 0.08%
DAL $253,836 2,710 0.08%
OUST $239,264 3,827 0.07%
CSCO $226,815 1,931 0.07%
MLI $223,241 1,816 0.07%
MET $220,663 2,608 0.07%
IWF $217,243 1,750 0.07%
BXP $215,504 3,250 0.07%
DFEV $212,226 4,974 0.07%
KO $207,219 2,550 0.06%
KMB $205,489 1,872 0.06%

Top movers (QoQ)

Security Action Shares Δ Value Δ
AMD Trimmed -1K +$7.4M
AAPL Trimmed -2K +$4.9M
GOOGL Bought more +2K +$4.5M
NVDA Bought more +8K +$4.0M
AMZN Bought more +1K +$2.5M
BP Trimmed -4K -$2.0M
GOOG Bought more +3K +$1.4M
UNH Trimmed -29 +$1.3M
TSLA Bought more +19 +$1.1M
BE Price move only +0 +$1.1M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
SRE June 30, 2026 24,302 $2,361,404 -6.9%
TTD March 31, 2025 3,267 $383,971 -75.8%
GILD March 31, 2025 3,463 $319,877 29.3%
BXP March 31, 2026 4,718 $318,371 30.1%
SPXSXXXX Sept. 30, 2025 65,800 $308,602 No longer tracked
ABNB March 31, 2025 2,150 $282,532 54.8%
GILD June 30, 2026 1,892 $263,688 14.6%
COIN June 30, 2025 1,477 $254,384 -46.5%
BX March 31, 2026 1,566 $241,374 24.6%
UBRL Dec. 31, 2025 6,800 $240,383
CZR June 30, 2026 8,900 $235,227 -1.7%
TTD Sept. 30, 2025 3,267 $235,191 -73.0%
KMB Dec. 31, 2025 1,888 $234,754 7.5%
DFEV Sept. 30, 2025 7,667 $229,933 No longer tracked
IWF March 31, 2025 565 $226,944 No longer tracked
SHEL June 30, 2026 2,385 $221,805 20.9%
HON June 30, 2026 979 $221,283 -1.9%
IMO June 30, 2026 1,670 $218,469 No longer tracked
AOA June 30, 2025 2,846 $217,707 No longer tracked
PFF June 30, 2026 7,167 $217,303
AMAT March 31, 2025 1,327 $215,810 240.5%
LMT June 30, 2026 354 $214,084 11.6%
TGT Sept. 30, 2025 2,150 $212,144 81.1%
OKLO Dec. 31, 2025 1,900 $212,097 -40.1%
SCHD June 30, 2025 7,542 $210,869 No longer tracked
MET March 31, 2026 2,641 $208,481 33.8%
FAST Dec. 31, 2025 4,224 $207,145 26.9%
IWF March 31, 2026 437 $206,760 No longer tracked
WEC Dec. 31, 2025 1,793 $205,407 2.9%
WM Sept. 30, 2025 896 $205,023 1.4%
CMCSA March 31, 2025 5,461 $204,951 -28.3%
WM June 30, 2026 890 $204,513 0.5%
GBTC Dec. 31, 2025 2,275 $204,191 No longer tracked
EQNR Dec. 31, 2025 8,329 $203,061 82.4%
MLI March 31, 2026 1,754 $201,359 -43.5%
FICO June 30, 2025 109 $201,013 -36.2%
O June 30, 2025 3,462 $200,810 9.6%
KEY March 31, 2025 10,498 $179,936 38.0%
VALE June 30, 2026 10,506 $167,150 -3.6%
SVIX Sept. 30, 2025 10,600 $164,406 No longer tracked
VALE Dec. 31, 2025 10,078 $109,447 11.3%
LAZRQ Dec. 31, 2025 10,322 $19,715 No longer tracked
STEMXXXX June 30, 2025 12,574 $4,405 No longer tracked
XFORXXXX June 30, 2025 10,000 $2,364 No longer tracked
ZOMDF March 31, 2025 10,000 $1,200 No longer tracked