First Quadrant’s Lazard LAZ Stock Holding History

First Quadrant’s Portfolio LAZ Stock Details LAZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q3	–	Sell	-10,957	Closed	-$377K	–	635
2019 Q2	$377K	Buy	+10,957	New	+$393K	0.03%	442
2018 Q4	–	Sell	-349,914	Closed	-$16.8M	–	839
2018 Q3	$16.8M	Sell	349,914 -178,121	-34%	-$8.86M	0.37%	104
2018 Q2	$25.8M	Sell	528,035 -4,730	-0.9%	-$250K	0.48%	64
2018 Q1	$28M	Buy	532,765 +166,111	+45%	+$9.22M	0.54%	38
2017 Q4	$19.2M	Buy	366,654 +99,197	+37%	+$4.75M	0.36%	94
2017 Q3	$12.1M	Buy	267,457 +143,542	+116%	+$6.36M	0.23%	146
2017 Q2	$5.74M	Sell	123,915 -74,207	-37%	-$3.33M	0.11%	223
2017 Q1	$9.11M	Buy	198,122 +129	+0.1%	+$5.56K	0.18%	185
2016 Q4	$8.14M	Buy	197,993 +149,128	+305%	+$5.79M	0.17%	192
2016 Q3	$1.78M	Buy	+48,865	New	+$1.71M	0.04%	355
2016 Q2	–	Sell	-3,700	Closed	-$144K	–	835
2016 Q1	$144K	Sell	3,700 -46,000	-93%	-$1.65M	﹤0.01%	611
2015 Q4	$2.24M	Hold	49,700	–	–	0.05%	299
2015 Q3	$2.15M	Sell	49,700 -74,200	-60%	-$3.82M	0.05%	280
2015 Q2	$6.97M	Sell	123,900 -161,900	-57%	-$9M	0.15%	173
2015 Q1	$15M	Sell	285,800 -201,400	-41%	-$9.92M	0.31%	99
2014 Q4	$24.4M	Buy	487,200 +31,500	+7%	+$1.56M	0.51%	65
2014 Q3	$23.1M	Buy	455,700 +351,000	+335%	+$18.4M	0.52%	63
2014 Q2	$5.4M	Buy	+104,700	New	+$5.16M	0.12%	184

Other funds holding LAZ

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

SAM

Southeastern Asset Management Memphis, Tennessee $1.92B AUM 6.41% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Ariel Investments Chicago, Illinois $10B AUM 42.59% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $55.1B AUM 45.38% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

RAM

RWC Asset Management London, United Kingdom $2.64B AUM 33.18% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

First Quadrant's LAZ Position: Q3 2019 in Review

First Quadrant sold out of Lazard (LAZ) in Q3 2019, closing a stake of 10,957 shares — an estimated $377K sold.

First Quadrant first reported a position in LAZ in Q2 2014 and held it in 18 quarters. The position peaked at $28M in Q1 2018. 241 funds tracked by Wall St. Rank hold LAZ as of Q3 2019.

First Quadrant reported no remaining Lazard position as of Q3 2019 after selling out during the quarter.
First Quadrant sold 10,957 Lazard shares in Q3 2019, an estimated $377K.
First Quadrant first reported a position in Lazard in Q2 2014 and held it in 18 quarters.
First Quadrant's Lazard position peaked at $28M in Q1 2018.
241 funds tracked by Wall St. Rank held Lazard as of Q3 2019.

Based on First Quadrant's 13F filing for Q3 2019, filed 25 Oct 2019.