Kazazian Asset Management, LLC

Fundamental concentrated ★Highest signal CIK 1580415
League rank
#262
in Fundamental concentrated · #533 overall
Long book
$91.5M
Q1 2026
Positions
43
Top-10 weight
75%
concentration
Last quarter
+14.8%
SPY +14.8%
Turnover
36%
of book per quarter

Strategy in plain words

auto-generated from filings

Kazazian Asset Management, LLC is a concentrated fundamental stock-picker, running a $91.5M US long book across 43 positions.

The portfolio is concentrated: the top 10 names carry 75% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: CITIGROUP INC, ALPHABET INC-CL C, AMAZON.COM INC, WALT DISNEY CO/THE, CHEWY INC - CLASS A.

Over the last 6 quarters its long book ran on average 1.3pp per quarter ahead of the S&P 500, beating the index in 3 of 6 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2024
-7.1%
Q1 2025
+16.2%
Q2 2025
+13.1%
Q3 2025
+8.4%
Q4 2025
-9.8%
Q1 2026
+14.8%

Sector allocation

Consumer discretionary
28%
Technology
28%
Financials
21%
Services media
17%
Industrials
2%
Materials
1%
Energy
1%
Consumer staples
1%

Long book by quarter

$127.0M
Q4 2024
$122.0M
Q1 2025
$72.4M
Q2 2025
$82.9M
Q3 2025
$95.0M
Q4 2025
$91.5M
Q1 2026

What does Kazazian Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
C CITIGROUP INCFinancials142.7K$16.2M17.7%Held
GOOG ALPHABET INC-CL CTechnology48.6K$13.9M15.2%-4.0%
AMZN AMAZON.COM INCConsumer discretionary60.0K$12.5M13.6%+12.1%
DIS WALT DISNEY CO/THEServices media76.7K$7.4M8.1%Held
CHWY CHEWY INC - CLASS AConsumer discretionary201.0K$5.4M5.9%+139.3%
CPNG COUPANG INCConsumer discretionary203.0K$3.8M4.2%New
MTN VAIL RESORTS INCServices media20.0K$2.6M2.8%+57.9%
BX BLACKSTONE INCFinancials21.5K$2.5M2.7%New
ABNB AIRBNB INC-CLASS AServices media17.5K$2.2M2.4%Held
GOOGL ALPHABET INC-CL ATechnology7.2K$2.1M2.3%Held
CMG CHIPOTLE MEXICAN GRILL INCConsumer discretionary61.5K$2.0M2.2%+26.8%
NOW SERVICENOW INCTechnology17.8K$1.9M2.0%+790.0%
ETSY ETSY INCServices media35.8K$1.8M2.0%-13.2%
WDAY WORKDAY INC-CLASS ATechnology9.0K$1.2M1.3%New
PLAY DAVE & BUSTER'S ENTERTAINMENConsumer discretionary106.4K$1.2M1.3%+6.4%
GM GENERAL MOTORS COIndustrials12.0K$894K1.0%-17.9%
BLND BLEND LABS INC-ATechnology488.7K$831K0.9%+26.8%
CE CELANESE CORPMaterials12.0K$789K0.9%-42.9%
NESR NATIONAL ENERGY SERVICES REUEnergy35.3K$759K0.8%-45.6%
CELH CELSIUS HOLDINGS INCConsumer staples20.4K$724K0.8%+83.8%
PYPL PAYPAL HOLDINGS INCServices media14.0K$633K0.7%+75.0%
XYZ BLOCK INCTechnology10.2K$612K0.7%-21.2%
SNOW SNOWFLAKE INCTechnology3.8K$573K0.6%Held
BLCO BAUSCH + LOMB CORPHealthcare35.5K$565K0.6%-36.0%
LZ LEGALZOOMCOM INCTechnology96.8K$549K0.6%+38.3%
EXPE EXPEDIA GROUP INCIndustrials2.2K$508K0.6%-46.3%
FWONK LIBERTY MEDIA CORP-FORMULA-CCommunications5.8K$490K0.5%New
EWCZ EUROPEAN WAX CENTER INC-A75.0K$434K0.5%-78.1%
MDB MONGODB INCTechnology1.6K$392K0.4%Held
FCX FREEPORT-MCMORAN INCMaterials6.5K$382K0.4%-7.1%
TEAM ATLASSIAN CORP-CL ATechnology5.0K$341K0.4%New
SHOP SHOPIFY INC - CLASS ATechnology2.6K$314K0.3%Held
DOCU DOCUSIGN INCTechnology6.2K$293K0.3%-30.5%
OKTA OKTA INCTechnology3.7K$288K0.3%+21.9%
ZS ZSCALER INCTechnology1.9K$272K0.3%+71.1%
PD PAGERDUTY INCTechnology42.5K$264K0.3%New
NBIS NEBIUS GROUP NVTechnology2.3K$242K0.3%-11.4%
TTAN SERVICETITAN INC-ATechnology3.6K$226K0.2%New
CRON CRONOS GROUP INCMaterials39.2K$98K0.1%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 12, 202643$91.5M canonicalSEC ↗
Q4 202513F-HRFeb 9, 202649$95.0M canonicalSEC ↗
Q3 202513F-HRNov 10, 202548$82.9M canonicalSEC ↗
Q2 202513F-HRAug 11, 202546$72.7M canonicalSEC ↗
Q1 202513F-HRMay 9, 202559$122.9M canonicalSEC ↗
Q4 202413F-HRFeb 11, 202561$130.8M canonicalSEC ↗