We are live on
!
Find out more
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 | |
|---|---|---|---|---|---|---|
526
Ryder
R
$10.1B
| $5.33M | 0.01% |
46,335
+1,897
| +4% | +$199K |
|
527
Campbell Soup
CPB
$6.73B
| $5.29M | 0.01% |
122,477
-143
| -0.1% | -$5.88K |
|
528
Commault Systems
CVLT
$5.53B
| $5.29M | 0.01% |
66,305
-4,211
| -6% | -$301K |
|
529
Vanguard FTSE Developed Markets ETF
VEA
$234B
| $5.26M | 0.01% |
109,800
+43,743
| +66% | +$1.96M |
|
530
Marathon Petroleum
MPC
$84B
| $5.24M | 0.01% |
35,324
-2,249
| -6% | -$334K |
|
531
Ball Corp
BALL
$16.7B
| $5.23M | 0.01% |
90,865
-925
| -1% | -$47.7K |
|
532
Ameriprise Financial
AMP
$49.5B
| $5.19M | 0.01% |
13,659
-217
| -2% | -$74.4K |
|
533
Ziff Davis
ZD
$1.88B
| $5.17M | 0.01% |
76,978
+12,670
| +20% | +$803K |
|
534
Cars.com
CARS
$656M
| $5.15M | 0.01% |
271,474
+13,423
| +5% | +$241K |
|
|
BCPC
535
Balchem Corp
BCPC
$5.75B
| $5.12M | 0.01% |
34,446
+7,488
| +28% | +$957K |
|
536
Align Technology
ALGN
$12.1B
| $5.1M | 0.01% |
18,619
-4,419
| -19% | -$1.05M |
|
537
Transmedics
TMDX
$2.78B
| $5.08M | 0.01% |
64,436
-9,286
| -13% | -$560K |
|
538
AptarGroup
ATR
$8.63B
| $5.03M | 0.01% |
40,724
-11,261
| -22% | -$1.42M |
|
539
Valero Energy
VLO
$87.2B
| $5.03M | 0.01% |
38,705
-1,296
| -3% | -$165K |
|
540
Carrier Global
CARR
$52.7B
| $5.02M | 0.01% |
87,389
-7,813
| -8% | -$413K |
|
541
RingCentral
RNG
$5.18B
| $5M | 0.01% |
147,336
+17,953
| +14% | +$536K |
|
|
APLS
542
DELISTED
Apellis Pharmaceuticals
APLS
| $4.94M | 0.01% |
82,511
-33,378
| -29% | -$1.69M |
|
543
Warby Parker
WRBY
$3.31B
| $4.93M | 0.01% |
349,571
+157,432
| +82% | +$1.96M |
|
544
Ryman Hospitality Properties
RHP
$7.84B
| $4.88M | 0.01% |
44,320
-49,955
| -53% | -$4.76M |
|
545
Camden Property Trust
CPT
$11B
| $4.84M | 0.01% |
48,748
-45
| -0.1% | -$4.17K |
|
546
Camtek
CAMT
$6.98B
| $4.82M | 0.01% |
69,434
-115,013
| -62% | -$7M |
|
547
American Homes 4 Rent
AMH
$12.4B
| $4.78M | 0.01% |
133,086
+5,579
| +4% | +$195K |
|
548
Dream Finders Homes
DFH
$1.27B
| $4.78M | 0.01% |
+134,541
| New | +$3.35M |
|
549
AES
AES
$10.5B
| $4.77M | 0.01% |
247,695
+131,158
| +113% | +$2.13M |
|
550
Republic Services
RSG
$64.5B
| $4.75M | 0.01% |
28,838
-28,087
| -49% | -$4.36M |
|
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.