Advisory Research’s Lazard LAZ Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-27,117	Closed	-$1.26M	–	454
2017 Q2	$1.26M	Buy	27,117 +2,474	+10%	+$115K	0.02%	287
2017 Q1	$1.13M	Buy	24,643 +13,544	+122%	+$623K	0.02%	316
2016 Q4	$456K	Buy	+11,099	New	+$456K	0.01%	321