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
-4.39%
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
$68.4B
AUM Growth
-$5.5B
(-7.4%)
Cap. Flow
-$9.75B
Cap. Flow
% of AUM
-14.25%
Top 10 Holdings %
Top 10 Hldgs %
21.66%
Holding
2,644
New
225
Increased
638
Reduced
796
Closed
294
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Norfolk Southern
NSC
|
+$284M |
| 2 |
Icon
ICLR
|
+$148M |
| 3 |
Estee Lauder
EL
|
+$128M |
| 4 |
eBay
EBAY
|
+$127M |
| 5 |
Envista
NVST
|
+$110M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lowe's Companies
LOW
|
+$375M |
| 2 |
NorthWestern Energy
NWE
|
+$293M |
| 3 |
Consolidated Edison
ED
|
+$202M |
| 4 |
Medtronic
MDT
|
+$201M |
| 5 |
Ameren
AEE
|
+$156M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.01% |
| 2 | Healthcare | 14.76% |
| 3 | Financials | 13.61% |
| 4 | Industrials | 11.37% |
| 5 | Consumer Discretionary | 8.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
TSMC
TSM
$2.1T
| $333M | 0.49% |
4,859,179
+252,917
| +5% | +$20.9M |
|
52
Texas Instruments
TXN
$252B
| $332M | 0.49% |
2,146,797
-812,308
| -27% | -$136M |
|
53
Adobe
ADBE
$99.5B
| $318M | 0.46% |
1,155,084
-151,528
| -12% | -$57.3M |
|
54
Nike
NKE
$61.9B
| $308M | 0.45% |
3,707,257
+639,137
| +21% | +$68.8M |
|
55
Avery Dennison
AVY
$13B
| $308M | 0.45% |
1,892,796
-25,849
| -1% | -$4.69M |
|
56
Telkom Indonesia
TLK
$14.5B
| $299M | 0.44% |
10,380,383
+612,635
| +6% | +$17.9M |
|
57
ICICI Bank
IBN
$108B
| $293M | 0.43% |
13,960,223
-552,769
| -4% | -$11.7M |
|
|
58
Lowe's Companies
LOW
$117B
| $292M | 0.43% |
1,556,696
-1,923,708
| -55% | -$375M |
|
59
LKQ Corp
LKQ
$5.68B
| $287M | 0.42% |
6,081,199
-394,502
| -6% | -$20.6M |
|
60
Walt Disney
DIS
$167B
| $285M | 0.42% |
3,019,133
-23,044
| -0.8% | -$2.47M |
|
61
CVS Health
CVS
$133B
| $266M | 0.39% |
2,786,581
+101,878
| +4% | +$10.1M |
|
62
HDFC Bank
HDB
$123B
| $259M | 0.38% |
8,863,576
-157,920
| -2% | -$4.85M |
|
63
Rockwell Automation
ROK
$53.4B
| $252M | 0.37% |
1,171,640
-10,078
| -0.9% | -$2.35M |
|
|
64
Estee Lauder
EL
$30.4B
| $251M | 0.37% |
1,162,048
+502,558
| +76% | +$128M |
|
65
Skyworks Solutions
SWKS
$9.37B
| $244M | 0.36% |
2,857,529
-216,673
| -7% | -$22.2M |
|
66
Otis Worldwide
OTIS
$27.4B
| $242M | 0.35% |
3,785,693
-197,440
| -5% | -$14.4M |
|
67
Dollar Tree
DLTR
$24.4B
| $234M | 0.34% |
1,722,907
-120,211
| -7% | -$18.7M |
|
68
Aptiv
APTV
$12B
| $233M | 0.34% |
2,975,285
+257,253
| +9% | +$24.7M |
|
|
69
Envista
NVST
$4.44B
| $228M | 0.33% |
6,959,609
+2,895,238
| +71% | +$110M |
|
70
Mondelez International
MDLZ
$79.5B
| $224M | 0.33% |
4,092,079
+1,419,051
| +53% | +$88.1M |
|
71
VeriSign
VRSN
$26.2B
| $217M | 0.32% |
1,246,907
-77,070
| -6% | -$14.3M |
|
72
Synopsys
SNPS
$74.4B
| $205M | 0.3% |
670,985
+60,876
| +10% | +$20.6M |
|
73
HEICO Corp
HEI
$49.8B
| $190M | 0.28% |
1,322,705
-15,466
| -1% | -$2.32M |
|
74
Vail Resorts
MTN
$5.32B
| $186M | 0.27% |
862,851
+112,140
| +15% | +$25.5M |
|
75
Caterpillar
CAT
$375B
| $185M | 0.27% |
1,129,198
-16,051
| -1% | -$2.93M |
|
Similar funds
QCM
Lazard Asset Management's Q3 2022 Portfolio in Review
As of Q3 2022, Lazard Asset Management held 2,644 positions worth $68.4B, down 7.4% from $73.9B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Lazard Asset Management withdrew a net $9.75B in Q3 2022, closing 294 positions and reducing 796 holdings. Its most notable exit was Nielsen Holdings plc, an estimated $99M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Lazard Asset Management opened a new position in Cardinal Health worth $11.3M.
- Lazard Asset Management's largest Q3 2022 buy was Cardinal Health: 169,616 shares worth $11.3M.
- Lazard Asset Management added most to Norfolk Southern in Q3 2022, an estimated $284M increase.
- Lazard Asset Management's biggest Q3 2022 reduction was Lowe's Companies, cutting an estimated $375M.
- Lazard Asset Management fully exited Nielsen Holdings plc in Q3 2022, selling an estimated $99M.
- Lazard Asset Management's ten largest holdings make up 22% of its $68.4B portfolio in Q3 2022.
- Lazard Asset Management opened 225 new positions and closed 294 in Q3 2022.
- Lazard Asset Management's portfolio value fell 7.4% quarter-over-quarter to $68.4B.
Based on Lazard Asset Management's 13F filing for Q3 2022, filed 14 Nov 2022.