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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
-9.03%
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
$41.8B
AUM Growth
-$5.88B
(-12%)
Cap. Flow
-$1.39B
Cap. Flow
% of AUM
-3.33%
Top 10 Holdings %
Top 10 Hldgs %
20.95%
Holding
1,239
New
122
Increased
360
Reduced
365
Closed
160
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$331M |
| 2 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$315M |
| 3 |
MNK
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
|
+$310M |
| 4 |
America Movil
AMX
|
+$263M |
| 5 |
Aon
AON
|
+$213M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Xerox
XRX
|
+$467M |
| 2 |
Baxter International
BAX
|
+$455M |
| 3 |
Teva Pharmaceuticals
TEVA
|
+$309M |
| 4 |
CMA
Comerica
CMA
|
+$247M |
| 5 |
Viatris
VTRS
|
+$231M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 14.91% |
| 2 | Technology | 13.9% |
| 3 | Healthcare | 13.87% |
| 4 | Financials | 13.53% |
| 5 | Industrials | 9.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Estee Lauder
EL
$30.6B
| $5.89M | 0.01% |
73,078
+39,944
| +121% | +$3.35M |
|
402
H&R Block
HRB
$5.56B
| $5.89M | 0.01% |
+162,629
| New | +$5.51M |
|
403
Intuit
INTU
$86.5B
| $5.87M | 0.01% |
66,170
-18,639
| -22% | -$1.81M |
|
404
Essex Property Trust
ESS
$18.3B
| $5.86M | 0.01% |
26,233
-5,836
| -18% | -$1.29M |
|
|
PNK
405
DELISTED
Pinnacle Entertainment Inc.
PNK
| $5.86M | 0.01% |
173,214
+72,873
| +73% | +$2.76M |
|
406
Public Storage
PSA
$60.5B
| $5.77M | 0.01% |
27,276
-4,761
| -15% | -$970K |
|
|
FLOW
407
DELISTED
SPX FLOW, Inc.
FLOW
| $5.77M | 0.01% |
+167,515
| New | +$5.69M |
|
408
Emerson Electric
EMR
$84B
| $5.71M | 0.01% |
129,415
+14,288
| +12% | +$703K |
|
|
AVG
409
DELISTED
AVG Technologies N.V.
AVG
| $5.67M | 0.01% |
260,624
+175,907
| +208% | +$4.46M |
|
410
Nordson
NDSN
$16.6B
| $5.63M | 0.01% |
89,420
-2,200
| -2% | -$155K |
|
411
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.2B
| – | – |
0
| – | – |
|
412
Starwood Property Trust
STWD
$5.92B
| $5.44M | 0.01% |
265,000
-35,300
| -12% | -$764K |
|
413
Broadcom
AVGO
$1.84T
| $5.39M | 0.01% |
431,520
+84,560
| +24% | +$1.07M |
|
414
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.6B
| – | – |
0
| – | – |
|
415
iShares MSCI Italy ETF
EWI
$1.01B
| $5.34M | 0.01% |
+186,430
| New | +$5.58M |
|
|
DATA
416
DELISTED
Tableau Software, Inc.
DATA
| $5.28M | 0.01% |
+66,150
| New | +$6.86M |
|
417
Sanofi
SNY
$103B
| $5.23M | 0.01% |
110,200
| – | – |
|
418
CorVel
CRVL
$3.06B
| $5.17M | 0.01% |
480,741
-17,400
| -3% | -$187K |
|
419
iShares MSCI EAFE ETF
EFA
$78.1B
| $5.12M | 0.01% |
89,384
+38,189
| +75% | +$2.36M |
|
|
PRE
420
DELISTED
PARTNERRE LTD
PRE
| $5.11M | 0.01% |
36,813
-137
| -0.4% | -$18.7K |
|
|
CLLS
421
Cellectis
CLLS
$278M
| $5.1M | 0.01% |
193,395
-3,958
| -2% | -$132K |
|
422
Prologis
PLD
$135B
| $5.09M | 0.01% |
130,815
+28,104
| +27% | +$1.1M |
|
|
AGN
423
DELISTED
Allergan plc
AGN
| $4.92M | 0.01% |
18,106
+17,886
| +8,130% | +$5.49M |
|
424
Televisa
TV
$1.5B
| $4.86M | 0.01% |
186,719
+67,805
| +57% | +$2.17M |
|
|
CBPO
425
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $4.83M | 0.01% |
+53,800
| New | +$5.68M |
|
Similar funds
QCM
Lazard Asset Management's Q3 2015 Portfolio in Review
As of Q3 2015, Lazard Asset Management held 1,239 positions worth $41.8B, down 12% from $47.7B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Lazard Asset Management withdrew a net $1.39B in Q3 2015, closing 160 positions and reducing 365 holdings. Its most notable exit was ADT Corp, an estimated $51.8M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Lazard Asset Management opened a new position in BAXALTA INC COM STK (DE) worth $288M.
- Lazard Asset Management's largest Q3 2015 buy was BAXALTA INC COM STK (DE): 9,135,596 shares worth $288M.
- Lazard Asset Management added most to Bank of America in Q3 2015, an estimated $331M increase.
- Lazard Asset Management's biggest Q3 2015 reduction was Xerox, cutting an estimated $467M.
- Lazard Asset Management fully exited ADT Corp in Q3 2015, selling an estimated $51.8M.
- Lazard Asset Management's ten largest holdings make up 21% of its $41.8B portfolio in Q3 2015.
- Lazard Asset Management opened 122 new positions and closed 160 in Q3 2015.
- Lazard Asset Management's portfolio value fell 12% quarter-over-quarter to $41.8B.
Based on Lazard Asset Management's 13F filing for Q3 2015, filed 13 Nov 2015.