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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
+6.48%
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
$76.3B
AUM Growth
+$3.71B
(+5.1%)
Cap. Flow
-$8.32B
Cap. Flow
% of AUM
-10.91%
Top 10 Holdings %
Top 10 Hldgs %
21.64%
Holding
2,644
New
223
Increased
746
Reduced
756
Closed
309
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Norfolk Southern
NSC
|
+$315M |
| 2 |
UnitedHealth
UNH
|
+$251M |
| 3 |
Union Pacific
UNP
|
+$248M |
| 4 |
Chevron
CVX
|
+$165M |
| 5 |
CYBR
CyberArk
CYBR
|
+$161M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Analog Devices
ADI
|
+$252M |
| 2 |
Aon
AON
|
+$184M |
| 3 |
Meta Platforms (Facebook)
META
|
+$160M |
| 4 |
PNC Financial Services
PNC
|
+$156M |
| 5 |
PayPal
PYPL
|
+$127M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.85% |
| 2 | Healthcare | 13.57% |
| 3 | Financials | 12.91% |
| 4 | Industrials | 11.58% |
| 5 | Consumer Discretionary | 8.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
KF
326
Korea Fund
KF
$244M
| $15.9M | 0.02% |
724,396
-24,461
| -3% | -$555K |
|
327
Williams-Sonoma
WSM
$29.1B
| $15.9M | 0.02% |
261,234
+168,364
| +181% | +$10.5M |
|
328
Hewlett Packard
HPE
$69.4B
| $15.8M | 0.02% |
994,375
-20,525
| -2% | -$322K |
|
329
National Fuel Gas
NFG
$7.66B
| $15.8M | 0.02% |
272,928
-61,505
| -18% | -$3.57M |
|
|
NBXG
330
Neuberger Next Generation Connectivity Fund Inc
NBXG
$1.18B
| $15.7M | 0.02% |
1,511,687
| – | – |
|
331
KE Holdings
BEKE
$18.7B
| $15.7M | 0.02% |
834,862
+51,537
| +7% | +$954K |
|
332
Verizon
VZ
$195B
| $15.7M | 0.02% |
402,428
-1,402,487
| -78% | -$55.3M |
|
333
American International
AIG
$42.4B
| $15.5M | 0.02% |
308,759
+43,107
| +16% | +$2.52M |
|
|
K
334
DELISTED
Kellanova
K
| $15.5M | 0.02% |
246,192
-117,820
| -32% | -$7.44M |
|
335
Equitable Holdings
EQH
$14.2B
| $15.5M | 0.02% |
608,915
+362,895
| +148% | +$10.7M |
|
|
PLYM
336
DELISTED
Plymouth Industrial REIT
PLYM
| $15.4M | 0.02% |
732,249
-67,679
| -8% | -$1.43M |
|
337
ATI
ATI
$30.5B
| $15.3M | 0.02% |
388,412
-19,220
| -5% | -$726K |
|
338
Airbnb
ABNB
$90B
| $15.2M | 0.02% |
122,527
+48,069
| +65% | +$5.49M |
|
339
Willis Towers Watson
WTW
$31.6B
| $15.2M | 0.02% |
65,573
+10,455
| +19% | +$2.53M |
|
340
Texas Roadhouse
TXRH
$13.7B
| $15.2M | 0.02% |
140,991
-11,953
| -8% | -$1.22M |
|
341
Grupo Aeroportuario Centro Norte
OMAB
$5.37B
| $15.1M | 0.02% |
168,508
+1,243
| +0.7% | +$95.9K |
|
|
AZEK
342
DELISTED
The AZEK Co
AZEK
| $15M | 0.02% |
636,198
-52,077
| -8% | -$1.23M |
|
343
Pinduoduo
PDD
$129B
| $14.9M | 0.02% |
196,450
-167,596
| -46% | -$15.1M |
|
344
Tenet Healthcare
THC
$20.7B
| $14.9M | 0.02% |
250,114
-70,943
| -22% | -$3.94M |
|
345
Citigroup
C
$224B
| $14.8M | 0.02% |
316,412
+21,814
| +7% | +$1.07M |
|
346
Gaming and Leisure Properties
GLPI
$12.8B
| $14.8M | 0.02% |
284,390
-4,030
| -1% | -$210K |
|
347
Jacobs Solutions
J
$16.9B
| $14.7M | 0.02% |
151,723
+151,713
| +1,517,130% | +$15.1M |
|
348
Bunge Global
BG
$20.9B
| $14.6M | 0.02% |
153,287
+2,028
| +1% | +$197K |
|
349
Jackson Financial
JXN
$9.03B
| $14.6M | 0.02% |
390,922
-29,039
| -7% | -$1.19M |
|
|
ATVI
350
DELISTED
Activision Blizzard
ATVI
| $14.6M | 0.02% |
170,015
+67,270
| +65% | +$5.22M |
|
Similar funds
QCM
Lazard Asset Management's Q1 2023 Portfolio in Review
As of Q1 2023, Lazard Asset Management held 2,644 positions worth $76.3B, up 5.1% from $72.6B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Lazard Asset Management withdrew a net $8.32B in Q1 2023, closing 309 positions and reducing 756 holdings. Its most notable exit was Linde, an estimated $56.6M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 17% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Lazard Asset Management opened a new position in Fomento Económico Mexicano worth $11.2M.
- Lazard Asset Management's largest Q1 2023 buy was Fomento Económico Mexicano: 117,338 shares worth $11.2M.
- Lazard Asset Management added most to Norfolk Southern in Q1 2023, an estimated $315M increase.
- Lazard Asset Management's biggest Q1 2023 reduction was Analog Devices, cutting an estimated $252M.
- Lazard Asset Management fully exited Linde in Q1 2023, selling an estimated $56.6M.
- Lazard Asset Management's ten largest holdings make up 22% of its $76.3B portfolio in Q1 2023.
- Lazard Asset Management opened 223 new positions and closed 309 in Q1 2023.
- Lazard Asset Management's portfolio value rose 5.1% quarter-over-quarter to $76.3B.
Based on Lazard Asset Management's 13F filing for Q1 2023, filed 15 May 2023.