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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
-3.24%
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
$73.5B
AUM Growth
-$7.73B
(-9.5%)
Cap. Flow
-$10.4B
Cap. Flow
% of AUM
-14.12%
Top 10 Holdings %
Top 10 Hldgs %
24.14%
Holding
2,549
New
227
Increased
861
Reduced
712
Closed
243
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PPL
PPL Corp
PPL
|
+$301M |
| 2 |
Estee Lauder
EL
|
+$252M |
| 3 |
Boeing
BA
|
+$251M |
| 4 |
Kenvue
KVUE
|
+$174M |
| 5 |
Fidelity National Information Services
FIS
|
+$166M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$547M |
| 2 |
Union Pacific
UNP
|
+$459M |
| 3 |
Pinnacle West Capital
PNW
|
+$203M |
| 4 |
Wells Fargo
WFC
|
+$199M |
| 5 |
Bank of America
BAC
|
+$199M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.75% |
| 2 | Healthcare | 13.74% |
| 3 | Financials | 13.36% |
| 4 | Industrials | 11.58% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Ingevity
NGVT
$2.65B
| $15.5M | 0.02% |
325,197
-88,174
| -21% | -$4.81M |
|
327
US Foods
USFD
$22.1B
| $15.5M | 0.02% |
389,987
-65,654
| -14% | -$2.72M |
|
328
Brighthouse Financial
BHF
$3.55B
| $15.5M | 0.02% |
315,763
+140,796
| +80% | +$7M |
|
329
CF Industries
CF
$17.9B
| $15.5M | 0.02% |
180,230
-7,272
| -4% | -$575K |
|
330
PagSeguro Digital
PAGS
$2.63B
| $15.3M | 0.02% |
1,780,256
+242,008
| +16% | +$2.28M |
|
331
Five Below
FIVE
$12.4B
| $15.2M | 0.02% |
94,317
+6,581
| +8% | +$1.2M |
|
332
Curtiss-Wright
CW
$27.6B
| $15M | 0.02% |
76,557
-66,607
| -47% | -$13.2M |
|
|
KF
333
Korea Fund
KF
$251M
| $14.9M | 0.02% |
709,151
-5,723
| -0.8% | -$129K |
|
334
Array Technologies
ARRY
$868M
| $14.9M | 0.02% |
671,794
+319,151
| +91% | +$6.93M |
|
335
Fastenal
FAST
$57.4B
| $14.9M | 0.02% |
545,224
-42,806
| -7% | -$1.22M |
|
336
ATI
ATI
$28B
| $14.9M | 0.02% |
361,205
+2,197
| +0.6% | +$97.6K |
|
337
State Street SPDR S&P 500 ETF Trust
SPY
$819B
| $14.7M | 0.02% |
34,451
+992
| +3% | +$441K |
|
338
AGCO
AGCO
$7.27B
| $14.7M | 0.02% |
124,320
-669
| -0.5% | -$85K |
|
|
SQSP
339
DELISTED
Squarespace, Inc.
SQSP
| $14.7M | 0.02% |
505,910
+376,634
| +291% | +$11.6M |
|
340
Automatic Data Processing
ADP
$107B
| $14.7M | 0.02% |
60,917
-44,655
| -42% | -$10.9M |
|
341
PayPal
PYPL
$49.6B
| $14.6M | 0.02% |
250,252
+197,528
| +375% | +$12.9M |
|
342
SharkNinja
SN
$25.8B
| $14.5M | 0.02% |
+313,715
| New | +$11.5M |
|
343
AbCellera Biologics
ABCL
$1.81B
| $14.5M | 0.02% |
3,146,833
-128,468
| -4% | -$782K |
|
344
Corteva
CTVA
$52.5B
| $14.4M | 0.02% |
282,289
-36,767
| -12% | -$1.95M |
|
345
Evercore
EVR
$12.3B
| $14.4M | 0.02% |
+104,730
| New | +$14.2M |
|
346
Polaris
PII
$4.16B
| $14.4M | 0.02% |
138,275
+135,525
| +4,928% | +$16.1M |
|
347
Bunge Global
BG
$20.5B
| $14.4M | 0.02% |
132,862
-8,828
| -6% | -$967K |
|
348
Equinix
EQIX
$104B
| $14.4M | 0.02% |
19,783
-47,423
| -71% | -$36.7M |
|
349
Comfort Systems
FIX
$61.1B
| $14.4M | 0.02% |
84,294
+35,912
| +74% | +$6.3M |
|
350
NetApp
NTAP
$36.6B
| $14.3M | 0.02% |
188,546
-185,897
| -50% | -$14.4M |
|
Similar funds
QCM
Lazard Asset Management's Q3 2023 Portfolio in Review
As of Q3 2023, Lazard Asset Management held 2,549 positions worth $73.5B, down 9.5% from $81.2B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Lazard Asset Management withdrew a net $10.4B in Q3 2023, closing 243 positions and reducing 712 holdings. Its most notable exit was Littelfuse, an estimated $24.3M 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 ScottsMiracle-Gro worth $28.3M.
- Lazard Asset Management's largest Q3 2023 buy was ScottsMiracle-Gro: 548,310 shares worth $28.3M.
- Lazard Asset Management added most to PPL Corp in Q3 2023, an estimated $301M increase.
- Lazard Asset Management's biggest Q3 2023 reduction was Johnson & Johnson, cutting an estimated $547M.
- Lazard Asset Management fully exited Littelfuse in Q3 2023, selling an estimated $24.3M.
- Lazard Asset Management's ten largest holdings make up 24% of its $73.5B portfolio in Q3 2023.
- Lazard Asset Management opened 227 new positions and closed 243 in Q3 2023.
- Lazard Asset Management's portfolio value fell 9.5% quarter-over-quarter to $73.5B.
Based on Lazard Asset Management's 13F filing for Q3 2023, filed 14 Nov 2023.