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Lazard Asset Management Portfolio holdings
AUM
$60.8B
1-Year Est. Return
22.47%
This Fund
S&P 500
This Quarter
Est. Return
+11.1%
1 Year Est. Return
+22.47%
3 Year Est. Return
+62.53%
5 Year Est. Return
+77.87%
10 Year Est. Return
+305.76%
AUM
$79B
AUM Growth
+$5.52B
(+7.5%)
Cap. Flow
-$7.01B
Cap. Flow
% of AUM
-8.87%
Top 10 Holdings %
Top 10 Hldgs %
24.46%
Holding
2,559
New
284
Increased
737
Reduced
832
Closed
260
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chubb
CB
|
+$555M |
| 2 |
American Electric Power
AEP
|
+$272M |
| 3 |
Ulta Beauty
ULTA
|
+$161M |
| 4 |
CVS Health
CVS
|
+$160M |
| 5 |
McDonald's
MCD
|
+$139M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$388M |
| 2 |
Aon
AON
|
+$211M |
| 3 |
Johnson & Johnson
JNJ
|
+$209M |
| 4 |
Norfolk Southern
NSC
|
+$162M |
| 5 |
Envista
NVST
|
+$149M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.99% |
| 2 | Financials | 14.12% |
| 3 | Healthcare | 13.38% |
| 4 | Industrials | 11.48% |
| 5 | Consumer Discretionary | 9.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GF
301
New Germany Fund
GF
$185M
| $18.6M | 0.02% |
2,131,644
-114,900
| -5% | -$940K |
|
302
Centene
CNC
$33.1B
| $18.5M | 0.02% |
249,346
+171,170
| +219% | +$12.3M |
|
|
SQSP
303
DELISTED
Squarespace, Inc.
SQSP
| $18.5M | 0.02% |
559,451
+53,541
| +11% | +$1.57M |
|
304
Allison Transmission
ALSN
$9.8B
| $18.5M | 0.02% |
317,523
+100,334
| +46% | +$5.6M |
|
305
Manhattan Associates
MANH
$11.2B
| $18.4M | 0.02% |
85,567
-3,059
| -3% | -$647K |
|
306
Gold Fields
GFI
$33.4B
| $18.3M | 0.02% |
1,262,498
-526,416
| -29% | -$7.28M |
|
307
Williams-Sonoma
WSM
$29.2B
| $18.1M | 0.02% |
179,714
+9,312
| +5% | +$806K |
|
308
Nutrien
NTR
$32.1B
| $18M | 0.02% |
320,153
+5,054
| +2% | +$286K |
|
309
McKesson
MCK
$103B
| $18M | 0.02% |
38,917
-1,574
| -4% | -$716K |
|
310
Brighthouse Financial
BHF
$3.55B
| $18M | 0.02% |
339,500
+23,737
| +8% | +$1.18M |
|
|
CYBR
311
DELISTED
CyberArk
CYBR
| $17.9M | 0.02% |
81,669
-766,551
| -90% | -$142M |
|
312
SPDR Gold Trust
GLD
$138B
| $17.8M | 0.02% |
93,142
+884
| +1% | +$162K |
|
313
Wintrust Financial
WTFC
$10.9B
| $17.7M | 0.02% |
191,296
+105,181
| +122% | +$8.7M |
|
314
Evercore
EVR
$12.3B
| $17.7M | 0.02% |
103,682
-1,048
| -1% | -$152K |
|
315
Workday
WDAY
$42.1B
| $17.7M | 0.02% |
64,022
+1,226
| +2% | +$292K |
|
|
KF
316
Korea Fund
KF
$251M
| $17.5M | 0.02% |
749,807
+40,656
| +6% | +$861K |
|
317
Steven Madden
SHOO
$3.59B
| $17.5M | 0.02% |
416,582
-30,436
| -7% | -$1.11M |
|
318
Wyndham Hotels & Resorts
WH
$5.65B
| $17.4M | 0.02% |
216,847
-161,728
| -43% | -$12.2M |
|
319
Willis Towers Watson
WTW
$31.4B
| $17.3M | 0.02% |
71,743
+12,625
| +21% | +$2.92M |
|
320
lululemon athletica
LULU
$14B
| $17.1M | 0.02% |
33,492
-25,007
| -43% | -$10.8M |
|
321
EnerSys
ENS
$6.92B
| $17M | 0.02% |
168,332
+113,941
| +209% | +$10.5M |
|
322
Liberty Energy
LBRT
$3.17B
| $17M | 0.02% |
936,123
-286,279
| -23% | -$5.44M |
|
323
PayPal
PYPL
$49.6B
| $17M | 0.02% |
276,391
+26,139
| +10% | +$1.5M |
|
324
AerCap
AER
$24.4B
| $16.8M | 0.02% |
226,073
+8,730
| +4% | +$576K |
|
325
Hershey
HSY
$36.1B
| $16.8M | 0.02% |
90,098
-14,539
| -14% | -$2.75M |
|
Similar funds
QCM
Lazard Asset Management's Q4 2023 Portfolio in Review
As of Q4 2023, Lazard Asset Management held 2,559 positions worth $79B, up 7.5% from $73.5B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Lazard Asset Management withdrew a net $7.01B in Q4 2023, closing 260 positions and reducing 832 holdings. Its most notable exit was VMware, Inc, an estimated $34.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 20% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Lazard Asset Management opened a new position in Dentsply Sirona worth $141M.
- Lazard Asset Management's largest Q4 2023 buy was Dentsply Sirona: 3,954,444 shares worth $141M.
- Lazard Asset Management added most to Chubb in Q4 2023, an estimated $555M increase.
- Lazard Asset Management's biggest Q4 2023 reduction was Meta Platforms (Facebook), cutting an estimated $388M.
- Lazard Asset Management fully exited VMware, Inc in Q4 2023, selling an estimated $34.5M.
- Lazard Asset Management's ten largest holdings make up 24% of its $79B portfolio in Q4 2023.
- Lazard Asset Management opened 284 new positions and closed 260 in Q4 2023.
- Lazard Asset Management's portfolio value rose 7.5% quarter-over-quarter to $79B.
Based on Lazard Asset Management's 13F filing for Q4 2023, filed 14 Feb 2024.