Lyon Street Management, LLC

Lyon Street Management, LLC

Lyon Street Management, LLC is a registered investment adviser founded in 2007, according to public filings with the Securities and Exchange Commission. The firm's team comprises a small group of investment professionals led by Michael W. Lockerd as its managing member and chief compliance officer. The strategy at Lyon Street Management spans public equities, corporate bonds, and select private placements—allocating capital across sectors such as technology, healthcare, and financials. The firm has disclosed portfolio holdings including Apple Inc., Microsoft, and Alphabet via SEC 13F filings, alongside credit positions in investment-grade and high-yield corporate debt. Geographic exposure is primarily U.S.-focused, with no identified international offices or investments outside North America per available regulatory disclosures. As of 2025, regulatory filings listed fewer than 15 employees, with no additional offices beyond the registered headquarters in California. The firm has not disclosed any philanthropic structures or operating-company vehicles. In 2024, Lyon Street Management filed its annual updating amendment with the SEC (per SEC Form ADV, March 2024), indicating continued regulatory compliance. Lyon Street Management distinguishes itself through its lean team structure and focus on direct, fundamental research—approaching public and private investments without the resource-intensive expansion of larger multi-family offices. This model allows for concentrated portfolio construction and nimble decision-making, though the firm's small team limits its ability to underwrite large-scale direct investments.