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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
-17.91%
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
$54.6B
AUM Growth
-$15.4B
(-22%)
Cap. Flow
-$3.91B
Cap. Flow
% of AUM
-7.17%
Top 10 Holdings %
Top 10 Hldgs %
26.1%
Holding
1,849
New
301
Increased
591
Reduced
431
Closed
278
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
FISV
Fiserv Inc
FISV
|
+$414M |
| 2 |
Starbucks
SBUX
|
+$389M |
| 3 |
Public Storage
PSA
|
+$352M |
| 4 |
Norfolk Southern
NSC
|
+$332M |
| 5 |
Home Depot
HD
|
+$249M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Coca-Cola
KO
|
+$619M |
| 2 |
Cisco
CSCO
|
+$526M |
| 3 |
Elanco Animal Health
ELAN
|
+$418M |
| 4 |
Chevron
CVX
|
+$389M |
| 5 |
Medtronic
MDT
|
+$321M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.11% |
| 2 | Healthcare | 15.52% |
| 3 | Financials | 12.45% |
| 4 | Industrials | 11.97% |
| 5 | Communication Services | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Pfizer
PFE
$143B
| $473M | 0.87% |
15,261,474
+2,762,850
| +22% | +$94.1M |
|
27
Motorola Solutions
MSI
$72.6B
| $460M | 0.84% |
3,460,158
+376,215
| +12% | +$63.1M |
|
28
TSMC
TSM
$2.11T
| $459M | 0.84% |
9,595,358
-1,370,223
| -12% | -$74.9M |
|
29
Prologis
PLD
$135B
| $448M | 0.82% |
5,580,428
+884,202
| +19% | +$77.2M |
|
30
Vulcan Materials
VMC
$36.7B
| $444M | 0.81% |
4,106,449
-249,957
| -6% | -$31.9M |
|
31
S&P Global
SPGI
$123B
| $430M | 0.79% |
1,752,739
+10,578
| +0.6% | +$2.9M |
|
32
America Movil
AMX
$74.9B
| $422M | 0.77% |
35,815,779
-2,933,325
| -8% | -$45.8M |
|
33
Baxter International
BAX
$14.5B
| $411M | 0.75% |
5,065,582
-1,703,089
| -25% | -$147M |
|
34
Danaher
DHR
$139B
| $406M | 0.74% |
3,310,679
+4,520
| +0.1% | +$609K |
|
35
Ryanair
RYAAY
$31.1B
| $398M | 0.73% |
18,761,895
-285,608
| -1% | -$9M |
|
36
Ross Stores
ROST
$81.1B
| $394M | 0.72% |
4,526,117
+806,374
| +22% | +$86.1M |
|
37
Armstrong World Industries
AWI
$7.58B
| $386M | 0.71% |
4,857,480
+446,829
| +10% | +$43.1M |
|
38
Kimberly-Clark
KMB
$35.7B
| $371M | 0.68% |
2,903,904
+105,696
| +4% | +$14.6M |
|
39
Infosys
INFY
$49.6B
| $359M | 0.66% |
43,723,968
+6,863,519
| +19% | +$69M |
|
40
Mondelez International
MDLZ
$78.8B
| $352M | 0.64% |
7,026,969
+1,181,374
| +20% | +$64M |
|
41
Dollar General
DG
$28.2B
| $348M | 0.64% |
2,301,256
+112,665
| +5% | +$17.4M |
|
42
Texas Instruments
TXN
$246B
| $343M | 0.63% |
3,432,281
+27,836
| +0.8% | +$3.34M |
|
43
Telkom Indonesia
TLK
$15B
| $341M | 0.62% |
17,712,842
-841,625
| -5% | -$21.2M |
|
44
ConocoPhillips
COP
$145B
| $339M | 0.62% |
10,990,703
+2,360,960
| +27% | +$120M |
|
45
Skyworks Solutions
SWKS
$9.22B
| $333M | 0.61% |
3,726,252
-1,827,692
| -33% | -$195M |
|
46
Zoetis
ZTS
$32.3B
| $329M | 0.6% |
2,797,317
-155,479
| -5% | -$20.5M |
|
|
47
Starbucks
SBUX
$118B
| $328M | 0.6% |
4,987,400
+4,808,063
| +2,681% | +$389M |
|
|
48
Public Storage
PSA
$60.9B
| $328M | 0.6% |
1,650,757
+1,643,013
| +21,217% | +$352M |
|
49
Electronic Arts
EA
$53B
| $315M | 0.58% |
3,144,548
-1,430,957
| -31% | -$151M |
|
50
IQVIA
IQV
$38.4B
| $308M | 0.56% |
2,851,410
+663,347
| +30% | +$94.8M |
|
Similar funds
QCM
Lazard Asset Management's Q1 2020 Portfolio in Review
As of Q1 2020, Lazard Asset Management held 1,849 positions worth $54.6B, down 22% from $70B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Lazard Asset Management withdrew a net $3.91B in Q1 2020, closing 278 positions and reducing 431 holdings. Its most notable exit was Elanco Animal Health, an estimated $418M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Lazard Asset Management opened a new position in Southwest Gas worth $63.7M.
- Lazard Asset Management's largest Q1 2020 buy was Southwest Gas: 915,449 shares worth $63.7M.
- Lazard Asset Management added most to Fiserv Inc in Q1 2020, an estimated $414M increase.
- Lazard Asset Management's biggest Q1 2020 reduction was Coca-Cola, cutting an estimated $619M.
- Lazard Asset Management fully exited Elanco Animal Health in Q1 2020, selling an estimated $418M.
- Lazard Asset Management's ten largest holdings make up 26% of its $54.6B portfolio in Q1 2020.
- Lazard Asset Management opened 301 new positions and closed 278 in Q1 2020.
- Lazard Asset Management's portfolio value fell 22% quarter-over-quarter to $54.6B.
Based on Lazard Asset Management's 13F filing for Q1 2020, filed 14 May 2020.