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
+4.33%
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
$59B
AUM Growth
-$15.3B
(-21%)
Cap. Flow
-$17.5B
Cap. Flow
% of AUM
-29.66%
Top 10 Holdings %
Top 10 Hldgs %
23.25%
Holding
2,070
New
257
Increased
660
Reduced
658
Closed
198
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Crown Castle
CCI
|
+$593M |
| 2 |
American Tower
AMT
|
+$295M |
| 3 |
KLA
KLAC
|
+$242M |
| 4 |
Ingersoll Rand
IR
|
+$149M |
| 5 |
TotalEnergies
TTE
|
+$129M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.34B |
| 2 |
Apple
AAPL
|
+$1.27B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$1.04B |
| 4 |
Amazon
AMZN
|
+$999M |
| 5 |
Applied Materials
AMAT
|
+$612M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.74% |
| 2 | Financials | 12.95% |
| 3 | Industrials | 12.91% |
| 4 | Healthcare | 10.97% |
| 5 | Consumer Discretionary | 7.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Atlassian
TEAM
$28.8B
| $22.6M | 0.04% |
139,486
+42,654
| +44% | +$6.69M |
|
|
NVMI
302
Nova
NVMI
$12.8B
| $22.6M | 0.04% |
68,862
-102,449
| -60% | -$32.9M |
|
303
Cigna
CI
$71.5B
| $22.4M | 0.04% |
81,273
+23,611
| +41% | +$6.62M |
|
304
Urban Outfitters
URBN
$6.67B
| $22.3M | 0.04% |
296,317
+229,809
| +346% | +$16.3M |
|
|
BTX
305
BlackRock Technology and Private Equity Term Trust
BTX
$994M
| $22.3M | 0.04% |
+3,378,783
| New | +$22.7M |
|
306
Hilton Worldwide
HLT
$73B
| $22M | 0.04% |
76,719
+2,974
| +4% | +$810K |
|
307
Monolithic Power Systems
MPWR
$66.1B
| $21.6M | 0.04% |
23,783
+4,754
| +25% | +$4.57M |
|
308
Teradata
TDC
$2.47B
| $21.4M | 0.04% |
702,106
+599,982
| +588% | +$15.7M |
|
309
CVS Health
CVS
$126B
| $21.3M | 0.04% |
268,779
-80,582
| -23% | -$6.35M |
|
310
Canadian Imperial Bank of Commerce
CM
$108B
| $21.3M | 0.04% |
234,432
-63,257
| -21% | -$5.43M |
|
311
Genpact
G
$5.98B
| $20.8M | 0.04% |
444,468
+85,873
| +24% | +$3.71M |
|
312
IBM
IBM
$222B
| $20.4M | 0.03% |
68,760
-216
| -0.3% | -$64.7K |
|
|
KF
313
Korea Fund
KF
$251M
| $20.1M | 0.03% |
552,184
-6,144
| -1% | -$212K |
|
314
Flex
FLEX
$45B
| $19.4M | 0.03% |
320,326
-14,619
| -4% | -$903K |
|
|
IIF
315
Morgan Stanley India Investment Fund
IIF
$220M
| $19.3M | 0.03% |
772,654
+2,391
| +0.3% | +$63.9K |
|
316
Stryker
SYK
$129B
| $19.3M | 0.03% |
54,809
-717
| -1% | -$261K |
|
|
MXF
317
Mexico Fund
MXF
$314M
| $19.2M | 0.03% |
952,183
-11,962
| -1% | -$232K |
|
318
Incyte
INCY
$24.3B
| $19M | 0.03% |
192,594
+46,111
| +31% | +$4.46M |
|
319
MakeMyTrip
MMYT
$5.76B
| $18.8M | 0.03% |
228,977
-15,789
| -6% | -$1.3M |
|
320
Tencent Music
TME
$15.6B
| $18.7M | 0.03% |
1,067,274
+108,057
| +11% | +$2.19M |
|
321
Verizon
VZ
$193B
| $18.7M | 0.03% |
459,171
-413,635
| -47% | -$16.8M |
|
322
Wyndham Hotels & Resorts
WH
$5.65B
| $18.7M | 0.03% |
246,870
+78,527
| +47% | +$5.92M |
|
323
Mine Safety
MSA
$7.44B
| $18.6M | 0.03% |
116,433
-21,199
| -15% | -$3.45M |
|
324
SPS Commerce
SPSC
$2.61B
| $18.6M | 0.03% |
208,699
-50,559
| -20% | -$4.69M |
|
|
CUK
325
DELISTED
Carnival PLC
CUK
| $18.6M | 0.03% |
612,364
-18,403
| -3% | -$474K |
|
Similar funds
QCM
Lazard Asset Management's Q4 2025 Portfolio in Review
As of Q4 2025, Lazard Asset Management held 2,070 positions worth $59B, down 21% from $74.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Lazard Asset Management withdrew a net $17.5B in Q4 2025, closing 198 positions and reducing 658 holdings. Its most notable exit was Henry Schein, an estimated $30.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 30% a quarter earlier, followed by Financials and Industrials.
Against the trend, Lazard Asset Management opened a new position in Ingersoll Rand worth $149M.
- Lazard Asset Management's largest Q4 2025 buy was Ingersoll Rand: 1,884,586 shares worth $149M.
- Lazard Asset Management added most to Crown Castle in Q4 2025, an estimated $593M increase.
- Lazard Asset Management's biggest Q4 2025 reduction was Microsoft, cutting an estimated $1.34B.
- Lazard Asset Management fully exited Henry Schein in Q4 2025, selling an estimated $30.7M.
- Lazard Asset Management's ten largest holdings make up 23% of its $59B portfolio in Q4 2025.
- Lazard Asset Management opened 257 new positions and closed 198 in Q4 2025.
- Lazard Asset Management's portfolio value fell 21% quarter-over-quarter to $59B.
Based on Lazard Asset Management's 13F filing for Q4 2025, filed 17 Feb 2026.