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Portfolio (Quarterly) Guide ↗

LAZARI CAPITAL MANAGEMENT, INC.

· CIK 0001986389
13F Portfolio $298M AUM 166 positions Filed Jan 29, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 8 New 40 Added 66 Reduced 9 Exited
Page 2 of 4  ·  66 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 8,257.0 $1.2M 0.41% -197.0 -2.3% $146.58 -9.0%
22 COP CONOCOPHILLIPS Energy 12,692.0 $1.2M 0.40% -242.0 -1.9% $93.61 +32.7%
23 GLD SPDR GOLD TR Financial Services 2,643.0 $1.0M 0.35% -50.0 -1.9% $396.24 +5.4%
24 MA MASTERCARD INCORPORATED Financial Services 1,768.0 $1.0M 0.34% -19.0 -1.1% $570.92 -12.4%
25 DVN DEVON ENERGY CORP NEW Energy 27,327.0 $1.0M 0.34% -1K -4.8% $36.63 +36.0%
26 BMY BRISTOL-MYERS SQUIBB CO Healthcare 16,473.0 $889K 0.30% -328.0 -1.9% $53.94 +6.6%
27 SHOP SHOPIFY INC Technology 5,450.0 $877K 0.29% -1K -16.5% $160.97 -37.0%
28 MS MORGAN STANLEY Financial Services 4,907.0 $871K 0.29% -71.0 -1.4% $177.54 +8.2%
29 IEFA ISHARES TR 9,679.0 $866K 0.29% -1K -9.9% $89.46 +7.0%
30 MESOBLAST LTD 46,121.0 $832K 0.28% -550.0 -1.2% $18.04
31 GE GE AEROSPACE Industrials 2,579.0 $794K 0.27% -34.0 -1.3% $308.06 -7.5%
32 PYPL PAYPAL HLDGS INC Financial Services 13,166.0 $769K 0.26% -784.0 -5.6% $58.38 -23.7%
33 CAT CATERPILLAR INC Industrials 1,335.0 $765K 0.26% -8.0 -0.6% $572.68 +50.9%
34 AMGN AMGEN INC Healthcare 2,243.0 $734K 0.25% -13.0 -0.6% $327.35 -1.1%
35 MAR MARRIOTT INTL INC NEW Consumer Cyclical 2,327.0 $722K 0.24% -29.0 -1.2% $310.19 +16.2%
36 SPXS DIREXION SHS ETF TR 19,300.0 $685K 0.23% -24K -55.9% $35.47 -21.3%
37 F FORD MTR CO Consumer Cyclical 51,218.0 $672K 0.23% -1K -2.3% $13.12 +0.7%
38 HD HOME DEPOT INC Consumer Cyclical 1,938.0 $667K 0.22% -18.0 -0.9% $344.15 -13.2%
39 GSK GSK PLC Healthcare 13,001.0 $638K 0.21% -900.0 -6.5% $49.04 +2.7%
40 VFMO VANGUARD WELLINGTON FD 3,083.0 $590K 0.20% -370.0 -10.7% $191.27 +16.9%
Page 2 of 4  ·  66 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 36.9%
Communication Services 20.9%
Consumer Cyclical 12.6%
Financial Services 10.4%
Healthcare 5.3%
Energy 5.1%
Industrials 4.2%
Consumer Defensive 2.1%
Utilities 1.3%
Real Estate 0.7%