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
+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 | |
|---|---|---|---|---|---|---|
701
Ovintiv
OVV
$16.4B
| $1.87M | ﹤0.01% |
51,967
-31,280
| -38% | -$1.38M |
|
702
Ferguson
FERG
$49.8B
| $1.87M | ﹤0.01% |
14,004
-353,729
| -96% | -$49.2M |
|
703
AerCap
AER
$23.8B
| $1.87M | ﹤0.01% |
33,233
-151,090
| -82% | -$9.04M |
|
704
Chemed
CHE
$7.22B
| $1.87M | ﹤0.01% |
3,473
+3,393
| +4,241% | +$1.73M |
|
705
Applied Industrial Technologies
AIT
$13.3B
| $1.86M | ﹤0.01% |
13,075
+11,947
| +1,059% | +$1.62M |
|
|
MCW
706
DELISTED
Mister Car Wash
MCW
| $1.82M | ﹤0.01% |
211,155
+32,159
| +18% | +$301K |
|
707
Adaptive Biotechnologies
ADPT
$3.97B
| $1.81M | ﹤0.01% |
205,485
+897
| +0.4% | +$7.91K |
|
708
Huntington Bancshares
HBAN
$35.5B
| $1.81M | ﹤0.01% |
161,411
+1,431
| +0.9% | +$19.9K |
|
709
iShares Russell 1000 ETF
IWB
$50.1B
| $1.78M | ﹤0.01% |
7,891
-5,043
| -39% | -$1.11M |
|
710
PagerDuty
PD
$902M
| $1.77M | ﹤0.01% |
50,743
+45,190
| +814% | +$1.33M |
|
711
D.R. Horton
DHI
$42.3B
| $1.75M | ﹤0.01% |
17,973
+14,928
| +490% | +$1.42M |
|
712
iShares 20+ Year Treasury Bond ETF
TLT
$41.7B
| – | – |
0
| – | – |
|
713
FTI Consulting
FCN
$4.18B
| $1.74M | ﹤0.01% |
8,842
-717
| -8% | -$125K |
|
714
United States Oil Fund
USO
$1.84B
| $1.74M | ﹤0.01% |
26,253
+16,588
| +172% | +$1.11M |
|
715
Invesco DB US Dollar Index Bullish Fund
UUP
$422M
| $1.73M | ﹤0.01% |
61,982
-6,078
| -9% | -$170K |
|
716
iShares MSCI China ETF
MCHI
$6.38B
| $1.7M | ﹤0.01% |
+34,157
| New | +$1.74M |
|
717
Harmony Gold Mining
HMY
$12.3B
| $1.68M | ﹤0.01% |
409,866
+15,018
| +4% | +$53.4K |
|
718
Albertsons Companies
ACI
$5.83B
| $1.67M | ﹤0.01% |
80,376
-47,604
| -37% | -$983K |
|
|
ACCD
719
DELISTED
Accolade Inc
ACCD
| $1.66M | ﹤0.01% |
115,439
-75,409
| -40% | -$854K |
|
720
iShares Expanded Tech-Software Sector ETF
IGV
$14.5B
| $1.66M | ﹤0.01% |
27,210
+180
| +0.7% | +$10.1K |
|
721
Martin Marietta Materials
MLM
$33B
| $1.64M | ﹤0.01% |
4,633
+1,320
| +40% | +$463K |
|
722
Wipro
WIT
$20B
| $1.63M | ﹤0.01% |
727,496
+141,066
| +24% | +$336K |
|
723
Ecopetrol
EC
$34.5B
| $1.62M | ﹤0.01% |
+153,401
| New | +$1.67M |
|
|
EEA
724
European Equity Fund
EEA
$76.6M
| $1.59M | ﹤0.01% |
188,911
| – | – |
|
725
State Street SPDR S&P Global Infrastructure ETF
GII
$932M
| $1.58M | ﹤0.01% |
29,065
-5,793
| -17% | -$313K |
|
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.