We are live on
!
Find out more
Lazard Asset Management Portfolio holdings
AUM
$60.8B
1-Year Est. Return
22.47%
This Fund
S&P 500
This Quarter
Est. Return
+8.53%
1 Year Est. Return
+22.47%
3 Year Est. Return
+62.53%
5 Year Est. Return
+77.87%
10 Year Est. Return
+302.07%
AUM
$94B
AUM Growth
+$5.35B
(+6%)
Cap. Flow
-$10.2B
Cap. Flow
% of AUM
-10.87%
Top 10 Holdings %
Top 10 Hldgs %
22.25%
Holding
2,551
New
400
Increased
743
Reduced
692
Closed
262
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pinnacle West Capital
PNW
|
+$455M |
| 2 |
PNC Financial Services
PNC
|
+$306M |
| 3 |
Otis Worldwide
OTIS
|
+$234M |
| 4 |
Colgate-Palmolive
CL
|
+$212M |
| 5 |
NorthWestern Energy
NWE
|
+$193M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$545M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$293M |
| 3 |
CSX Corp
CSX
|
+$210M |
| 4 |
Baxter International
BAX
|
+$171M |
| 5 |
Dollar Tree
DLTR
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.36% |
| 2 | Healthcare | 14.2% |
| 3 | Financials | 13.3% |
| 4 | Industrials | 9.5% |
| 5 | Consumer Discretionary | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Smith & Nephew
SNN
$12.8B
| $31.9M | 0.03% |
+922,327
| New | +$31.7M |
|
277
Cemex
CX
$17.1B
| $31.7M | 0.03% |
4,677,529
+734,283
| +19% | +$4.78M |
|
278
Pearson
PSO
$9.95B
| $31.5M | 0.03% |
+3,748,251
| New | +$32.2M |
|
279
Service Corp International
SCI
$11.7B
| $31.4M | 0.03% |
443,034
+129,778
| +41% | +$8.62M |
|
280
Cummins
CMI
$87.8B
| $31.3M | 0.03% |
143,550
-32,491
| -18% | -$7.4M |
|
281
Estee Lauder
EL
$30.6B
| $31.1M | 0.03% |
84,006
+2,605
| +3% | +$884K |
|
282
Fortinet
FTNT
$123B
| $30.5M | 0.03% |
424,470
-73,785
| -15% | -$4.86M |
|
283
Dow Inc
DOW
$21.6B
| $29.8M | 0.03% |
525,264
+403,327
| +331% | +$23M |
|
|
KF
284
Korea Fund
KF
$236M
| $29.1M | 0.03% |
845,130
+17,156
| +2% | +$685K |
|
285
Hasbro
HAS
$12.9B
| $29M | 0.03% |
285,382
+5,915
| +2% | +$568K |
|
|
PXD
286
DELISTED
Pioneer Natural Resource Co.
PXD
| $29M | 0.03% |
159,469
+11,432
| +8% | +$2.1M |
|
287
Warner Music
WMG
$13.1B
| $28.6M | 0.03% |
661,780
-9,878
| -1% | -$444K |
|
288
Automatic Data Processing
ADP
$107B
| $28.6M | 0.03% |
115,854
-206,066
| -64% | -$46.7M |
|
|
IFLN
289
Invesco Bloomberg Enhanced Fallen Angels ETF
IFLN
$306M
| – | – |
0
| – | – |
|
290
Certara
CERT
$1.27B
| $28M | 0.03% |
984,774
+556,858
| +130% | +$18.7M |
|
|
JOF
291
Japan Smaller Capitalization Fund
JOF
$328M
| $27.7M | 0.03% |
3,518,951
-13,837
| -0.4% | -$117K |
|
292
Vanguard FTSE Europe ETF
VGK
$31.1B
| $27.5M | 0.03% |
402,969
-7,134
| -2% | -$483K |
|
|
CHN
293
DELISTED
China Fund
CHN
| $27.4M | 0.03% |
1,500,987
+129,397
| +9% | +$3.3M |
|
|
AEF
294
abrdn Emerging Markets Equity Income Fund
AEF
$361M
| $27M | 0.03% |
3,411,528
+73,312
| +2% | +$602K |
|
295
Valmont Industries
VMI
$9.43B
| $27M | 0.03% |
107,669
-6,390
| -6% | -$1.57M |
|
|
NESR
296
National Energy Services Reunited Corp
NESR
$2.9B
| $26.9M | 0.03% |
2,844,768
+19,575
| +0.7% | +$219K |
|
297
NextEra Energy
NEE
$181B
| $26.7M | 0.03% |
286,063
+11,594
| +4% | +$1M |
|
298
Cintas
CTAS
$81.6B
| $26.7M | 0.03% |
240,896
+235,472
| +4,341% | +$25.4M |
|
299
State Street
STT
$50.5B
| $26.6M | 0.03% |
285,595
-265,219
| -48% | -$25M |
|
300
Williams-Sonoma
WSM
$28.2B
| $26.1M | 0.03% |
308,342
-56,100
| -15% | -$5.23M |
|
Similar funds
QCM
Lazard Asset Management's Q4 2021 Portfolio in Review
As of Q4 2021, Lazard Asset Management held 2,551 positions worth $94B, up 6% from $88.6B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Lazard Asset Management withdrew a net $10.2B in Q4 2021, closing 262 positions and reducing 692 holdings. Its most notable exit was Innospec, an estimated $21M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Lazard Asset Management opened a new position in Wells Fargo 7.5% Non Cumv Perp Conv worth $922K.
- Lazard Asset Management's largest Q4 2021 buy was Wells Fargo 7.5% Non Cumv Perp Conv: 61,920 shares worth $922K.
- Lazard Asset Management added most to Pinnacle West Capital in Q4 2021, an estimated $455M increase.
- Lazard Asset Management's biggest Q4 2021 reduction was JPMorgan Chase, cutting an estimated $545M.
- Lazard Asset Management fully exited Innospec in Q4 2021, selling an estimated $21M.
- Lazard Asset Management's ten largest holdings make up 22% of its $94B portfolio in Q4 2021.
- Lazard Asset Management opened 400 new positions and closed 262 in Q4 2021.
- Lazard Asset Management's portfolio value rose 6% quarter-over-quarter to $94B.
Based on Lazard Asset Management's 13F filing for Q4 2021, filed 9 Feb 2022.