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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 | |
|---|---|---|---|---|---|---|
426
Lennar Class A
LEN
$20.4B
| $9.01M | 0.01% |
88,564
+78,612
| +790% | +$7.59M |
|
427
iShares National Muni Bond ETF
MUB
$45.3B
| – | – |
0
| – | – |
|
428
Inspire Medical Systems
INSP
$1.7B
| $8.84M | 0.01% |
37,784
+473
| +1% | +$120K |
|
429
Magnolia Oil & Gas
MGY
$5.86B
| $8.78M | 0.01% |
401,458
+34,224
| +9% | +$760K |
|
430
Doximity
DOCS
$3.77B
| $8.77M | 0.01% |
270,726
-6,121
| -2% | -$203K |
|
431
Edwards Lifesciences
EW
$51.5B
| $8.74M | 0.01% |
105,715
+98,360
| +1,337% | +$7.73M |
|
432
Toro Company
TTC
$9.35B
| $8.65M | 0.01% |
77,803
+75,127
| +2,807% | +$8.36M |
|
433
Tencent Music
TME
$15.7B
| $8.65M | 0.01% |
1,044,405
+80,317
| +8% | +$657K |
|
434
Phreesia
PHR
$706M
| $8.64M | 0.01% |
267,571
-3,492
| -1% | -$123K |
|
435
UFP Industries
UFPI
$5.07B
| $8.47M | 0.01% |
106,653
+5,458
| +5% | +$467K |
|
436
Agnico Eagle Mines
AEM
$85B
| $8.46M | 0.01% |
165,945
+2,228
| +1% | +$114K |
|
437
Array Technologies
ARRY
$809M
| $8.44M | 0.01% |
385,717
+25,283
| +7% | +$517K |
|
|
438
Lennar Class B
LEN.B
$20.1B
| $8.38M | 0.01% |
98,689
+55,220
| +127% | +$4.39M |
|
439
Cirrus Logic
CRUS
$6.19B
| $8.29M | 0.01% |
75,777
+70,065
| +1,227% | +$6.82M |
|
440
Weyerhaeuser
WY
$18.3B
| $8.27M | 0.01% |
274,497
-201,524
| -42% | -$6.35M |
|
441
Etsy
ETSY
$7.55B
| $8.17M | 0.01% |
73,389
-21,577
| -23% | -$2.68M |
|
442
White Mountains Insurance
WTM
$5.3B
| $8.16M | 0.01% |
5,926
-1,275
| -18% | -$1.83M |
|
|
JEQ
443
DELISTED
abrdn Japan Equity Fund
JEQ
| $8.14M | 0.01% |
1,487,425
+48,491
| +3% | +$265K |
|
444
3M
MMM
$93.2B
| $8.13M | 0.01% |
92,497
-84,847
| -48% | -$8M |
|
445
Brown & Brown
BRO
$23.8B
| $8.13M | 0.01% |
141,520
-496
| -0.3% | -$28.5K |
|
446
Sony
SONY
$136B
| $8.13M | 0.01% |
448,170
+2,690
| +0.6% | +$46.6K |
|
447
Wintrust Financial
WTFC
$10.7B
| $8.11M | 0.01% |
111,205
-663
| -0.6% | -$56.7K |
|
448
Valmont Industries
VMI
$9.5B
| $8.09M | 0.01% |
25,329
-871
| -3% | -$278K |
|
449
Ezcorp Inc
EZPW
$1.79B
| $8.08M | 0.01% |
940,011
+552,831
| +143% | +$4.86M |
|
450
ASML
ASML
$655B
| $8.03M | 0.01% |
11,796
+4,392
| +59% | +$2.82M |
|
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.