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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 | |
|---|---|---|---|---|---|---|
351
Columbus McKinnon
CMCO
$599M
| $14.7M | 0.02% |
376,106
+8,616
| +2% | +$303K |
|
352
Toll Brothers
TOL
$14.1B
| $14.4M | 0.02% |
139,915
+16,774
| +14% | +$1.4M |
|
353
Comfort Systems
FIX
$60.3B
| $14.3M | 0.02% |
69,677
-14,617
| -17% | -$2.7M |
|
354
Harley-Davidson
HOG
$2.71B
| $14.3M | 0.02% |
388,479
+69,411
| +22% | +$2.14M |
|
355
AGCO
AGCO
$7.12B
| $14.3M | 0.02% |
117,850
-6,470
| -5% | -$757K |
|
356
Moody's
MCO
$81.9B
| $14.2M | 0.02% |
36,422
+2,807
| +8% | +$976K |
|
357
KE Holdings
BEKE
$18.7B
| $14.1M | 0.02% |
872,531
+82,362
| +10% | +$1.27M |
|
358
Veeva Systems
VEEV
$35.4B
| $14.1M | 0.02% |
73,262
-31,022
| -30% | -$5.85M |
|
359
Coca-Cola Consolidated
COKE
$12.5B
| $14M | 0.02% |
151,190
+23,990
| +19% | +$1.74M |
|
360
MKS Inc
MKSI
$19.7B
| $14M | 0.02% |
136,425
-2,411
| -2% | -$196K |
|
361
General Mills
GIS
$19.3B
| $14M | 0.02% |
215,293
-7,891
| -4% | -$509K |
|
|
PLYM
362
DELISTED
Plymouth Industrial REIT
PLYM
| $14M | 0.02% |
581,416
-3,780
| -0.6% | -$82.2K |
|
363
FedEx
FDX
$74.7B
| $14M | 0.02% |
55,294
+49,243
| +814% | +$12.5M |
|
364
Vistra
VST
$47.7B
| $13.9M | 0.02% |
360,989
+350,754
| +3,427% | +$12.2M |
|
365
M/I Homes
MHO
$3.71B
| $13.9M | 0.02% |
100,688
+43,741
| +77% | +$4.37M |
|
366
Ingevity
NGVT
$2.66B
| $13.8M | 0.02% |
291,283
-33,914
| -10% | -$1.41M |
|
367
CF Industries
CF
$17.9B
| $13.7M | 0.02% |
172,378
-7,852
| -4% | -$625K |
|
368
Sherwin-Williams
SHW
$88.2B
| $13.6M | 0.02% |
43,714
-6,632
| -13% | -$1.78M |
|
|
CHN
369
DELISTED
China Fund
CHN
| $13.6M | 0.02% |
1,338,391
+13,823
| +1% | +$140K |
|
370
Intel
INTC
$503B
| $13.6M | 0.02% |
270,538
-91,069
| -25% | -$3.7M |
|
371
Corteva
CTVA
$51.3B
| $13.6M | 0.02% |
283,129
+840
| +0.3% | +$40.1K |
|
|
AEF
372
abrdn Emerging Markets Equity Income Fund
AEF
$360M
| $13.5M | 0.02% |
2,644,624
-20,220
| -0.8% | -$96.7K |
|
|
PEO
373
Adams Natural Resources Fund
PEO
$726M
| $13.4M | 0.02% |
676,579
-50,331
| -7% | -$1.03M |
|
374
Agree Realty
ADC
$9.5B
| $13.4M | 0.02% |
213,160
+2,284
| +1% | +$132K |
|
375
Sony
SONY
$136B
| $13.4M | 0.02% |
707,565
+20,320
| +3% | +$352K |
|
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.