Institutional Manager · CIK 0001392364
L & S Advisors Inc
Los Angeles, CA · File #028-13201
Latest AUM
$1.08B
Positions
370
Top-10 Concentration
37.5%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | SPDR GOLD SHARES ETF | GLD | -95,113 | -$37.7M | +$5.3M |
| REDUCE | SPDR BLACKSTONE SENIOR LOAN | 78467V608 | -302,650 | -$12.5M | -$131,364 |
| EXITED | DIGITAL REALTY TRUST INC | 253868103 | -72,103 | -$12.5M | $0 |
| EXITED | ORACLE CORP | 68389x105 | -43,871 | -$12.3M | $0 |
| EXITED | BLACKSTONE INC | 09260D107 | -72,116 | -$12.3M | $0 |
| ADD | MERCK & CO INC | MRK | +102,592 | +$10.8M | +$392,433 |
| REDUCE | WESTERN DIGITAL CORP | WDC | -59,411 | -$10.2M | +$6.1M |
| NEW | LAM RESEARCH CORP | LRCX | +55,266 | +$9.5M | $0 |
| EXITED | BOSTON SCIENTIFIC CORP | 101137107 | -91,029 | -$8.9M | $0 |
| REDUCE | VERTIV HOLDINGS LLC CL A | VRT | -51,617 | -$8.4M | +$741,636 |
Sector Allocation
Filing History
- 13F COMBINATION REPORTQ/E Dec 2025370 pos · $1.08B
- 13F COMBINATION REPORTQ/E Sep 2025343 pos · $1.04B
- 13F COMBINATION REPORTQ/E Jun 2025339 pos · $1.01B
- 13F COMBINATION REPORTQ/E Mar 2025352 pos · $810.5M
- 13F COMBINATION REPORTQ/E Dec 2024334 pos · $912.3M
- 13F COMBINATION REPORTQ/E Sep 2024344 pos · $956.7M
- 13F COMBINATION REPORTQ/E Jun 2024323 pos · $877.1M
- 13F COMBINATION REPORTQ/E Mar 2024332 pos · $884.6M
- 13F COMBINATION REPORTQ/E Dec 2023294 pos · $696.1M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | APPLE INC | AAPL | 124,399 | $33.8M | 5.60% |
| 2 | NVIDIA CORP | NVDA | 150,349 | $28.0M | 4.64% |
| 3 | ALPHABET INC A | GOOG | 88,057 | $27.6M | 4.56% |
| 4 | MICROSOFT CORPORATION | MSFT | 43,374 | $21.0M | 3.47% |
| 5 | AMAZON.COM INC | AMZN | 87,403 | $20.2M | 3.34% |
| 6 | META PLATFORMS INC | META | 30,445 | $20.1M | 3.33% |
| 7 | GOLDMAN SACHS | GSCE | 22,207 | $19.5M | 3.23% |
| 8 | JPMORGAN CHASE & CO | VYLD | 60,431 | $19.5M | 3.22% |
| 9 | SPDR S&P 500 ETF | SPY | 28,161 | $19.2M | 3.18% |
| 10 | BANK OF AMERICA CORP | 060505104 | 320,374 | $17.6M | 2.92% |
| 11 | CITIGROUP INC | C-PR | 142,653 | $16.6M | 2.76% |
| 12 | ELI LILLY & COMPANY | LLY | 14,751 | $15.9M | 2.62% |
| 13 | STATE STREET CORP | STT-PG | 119,699 | $15.4M | 2.56% |
| 14 | DJ INDUSTRIAL ETF | DIA | 30,623 | $14.7M | 2.44% |
| 15 | SPDR GOLD SHARES ETF | GLD | 35,752 | $14.2M | 2.35% |
| 16 | BANK NEW YORK MELLON | 064058100 | 120,993 | $14.0M | 2.33% |
| 17 | BROADCOM LIMITED | AVGO | 39,758 | $13.8M | 2.28% |
| 18 | MERCK & CO INC | MRK | 120,990 | $12.7M | 2.11% |
| 19 | JOHNSON & JOHNSON | JNJ | 56,602 | $11.7M | 1.94% |
| 20 | TAIWAN SEMICONDUCTOR | 874039100 | 37,520 | $11.4M | 1.89% |