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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 9  ·  165 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 XOM EXXON MOBIL CORP Energy 20,169.0 $2.4M 0.81% -1K -4.9% $120.34 +33.5%
22 STIP ISHARES TR 21,063.0 $2.2M 0.72% -200.0 -0.9% $102.39 +1.1%
23 SRE SEMPRA Utilities 24,300.0 $2.1M 0.72% $88.29 +2.0%
24 BOEING CO 30,775.0 $2.1M 0.71% +950.0 +3.2% $69.06
25 IVV ISHARES TR 2,979.0 $2.0M 0.69% +92.0 +3.2% $685.01 +8.0%
26 UNH UNITEDHEALTH GROUP INC Healthcare 6,145.0 $2.0M 0.68% +617.0 +11.2% $330.09 +17.3%
27 V VISA INC Financial Services 5,756.0 $2.0M 0.68% -29.0 -0.5% $350.73 -5.8%
28 MGK VANGUARD WORLD FD 4,800.0 $2.0M 0.67% $412.80 -78.7%
29 QQQ INVESCO QQQ TR Financial Services 3,185.0 $2.0M 0.66% $614.35 +14.5%
30 AGG ISHARES TR 19,022.0 $1.9M 0.64% $99.88 -1.8%
31 WFC WELLS FARGO CO NEW Financial Services 19,127.0 $1.8M 0.60% $93.20 -20.3%
32 PFE PFIZER INC Healthcare 68,270.0 $1.7M 0.57% +931.0 +1.4% $24.90 +1.5%
33 COST COSTCO WHSL CORP NEW Consumer Defensive 1,856.0 $1.6M 0.54% +334.0 +21.9% $862.57 +23.4%
34 AXP AMERICAN EXPRESS CO Financial Services 4,020.0 $1.5M 0.50% $369.92 -15.3%
35 WMT WALMART INC Consumer Defensive 13,039.0 $1.5M 0.49% -106.0 -0.8% $111.41 +18.7%
36 VYM VANGUARD WHITEHALL FDS 10,009.0 $1.4M 0.48% -935.0 -8.5% $143.52 +8.8%
37 SBUX STARBUCKS CORP Consumer Cyclical 16,972.0 $1.4M 0.48% +278.0 +1.7% $84.21 +26.9%
38 T AT&T INC Communication Services 55,554.0 $1.4M 0.46% -1K -2.3% $24.84 -1.5%
39 CRM SALESFORCE INC Technology 5,172.0 $1.4M 0.46% -247.0 -4.6% $264.89 -32.5%
40 C CITIGROUP INC Financial Services 11,141.0 $1.3M 0.44% -110.0 -1.0% $116.69 +5.2%
Page 2 of 9  ·  165 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%