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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 | |
|---|---|---|---|---|---|---|
626
Albemarle
ALB
$14.8B
| $3M | ﹤0.01% |
20,806
+6,546
| +46% | +$899K |
|
627
iShares MSCI World ETF
URTH
$8.2B
| $3M | ﹤0.01% |
22,539
-1,157
| -5% | -$144K |
|
628
General Motors
GM
$76.3B
| $2.99M | ﹤0.01% |
83,268
-922,128
| -92% | -$28.5M |
|
629
Capital One
COF
$135B
| $2.9M | ﹤0.01% |
22,166
+8,198
| +59% | +$884K |
|
630
Akamai
AKAM
$17.2B
| $2.88M | ﹤0.01% |
24,361
-5,455
| -18% | -$607K |
|
631
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| – | – |
0
| – | – |
|
632
T-Mobile US
TMUS
$193B
| $2.77M | ﹤0.01% |
17,268
-1,858
| -10% | -$275K |
|
633
Western Union
WU
$2.23B
| $2.75M | ﹤0.01% |
230,464
-9,276
| -4% | -$113K |
|
634
Vanguard Long-Term Treasury ETF
VGLT
$10.1B
| – | – |
0
| – | – |
|
635
Wabash National
WNC
$512M
| $2.73M | ﹤0.01% |
106,632
-237,895
| -69% | -$5.37M |
|
636
iShares Core Dividend Growth ETF
DGRO
$43.4B
| $2.73M | ﹤0.01% |
50,657
-4,622
| -8% | -$234K |
|
637
Health Catalyst
HCAT
$171M
| $2.71M | ﹤0.01% |
293,185
-12,001
| -4% | -$98.1K |
|
638
Autoliv
ALV
$8.83B
| $2.7M | ﹤0.01% |
24,550
-335
| -1% | -$33.4K |
|
639
Ford
F
$55B
| $2.7M | ﹤0.01% |
221,304
-120,682
| -35% | -$1.34M |
|
640
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| – | – |
0
| – | – |
|
641
AMN Healthcare
AMN
$1.19B
| $2.69M | ﹤0.01% |
35,935
+4,193
| +13% | +$300K |
|
642
Empire State Realty Trust
ESRT
$843M
| $2.65M | ﹤0.01% |
273,642
+155,044
| +131% | +$1.34M |
|
643
Vanguard S&P 500 Growth ETF
VOOG
$27B
| $2.61M | ﹤0.01% |
+57,810
| New | +$2.47M |
|
644
FMC
FMC
$1.32B
| $2.58M | ﹤0.01% |
40,931
-75,792
| -65% | -$4.39M |
|
645
Spotify
SPOT
$97.7B
| $2.56M | ﹤0.01% |
+13,643
| New | +$2.38M |
|
646
Southern Copper
SCCO
$161B
| $2.56M | ﹤0.01% |
32,112
+31,299
| +3,850% | +$2.18M |
|
647
Universal Health Services
UHS
$10.3B
| $2.54M | ﹤0.01% |
16,660
-246
| -1% | -$33.1K |
|
|
BNY
648
Bank of New York Mellon
BNY
$108B
| $2.51M | ﹤0.01% |
48,228
+36,562
| +313% | +$1.68M |
|
649
Chefs' Warehouse
CHEF
$4.45B
| $2.5M | ﹤0.01% |
85,097
+73,907
| +660% | +$1.78M |
|
|
HQL
650
abrdn Life Sciences Investors
HQL
$615M
| $2.48M | ﹤0.01% |
183,991
| – | – |
|
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.