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
+6.46%
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
$81.2B
AUM Growth
+$4.94B
(+6.5%)
Cap. Flow
-$6.14B
Cap. Flow
% of AUM
-7.55%
Top 10 Holdings %
Top 10 Hldgs %
23.23%
Holding
2,627
New
307
Increased
786
Reduced
648
Closed
292
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Exelon
EXC
|
+$410M |
| 2 |
American Electric Power
AEP
|
+$309M |
| 3 |
UnitedHealth
UNH
|
+$239M |
| 4 |
Johnson & Johnson
JNJ
|
+$235M |
| 5 |
SCHW
Charles Schwab
SCHW
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dollar General
DG
|
+$330M |
| 2 |
Consolidated Edison
ED
|
+$330M |
| 3 |
PNC Financial Services
PNC
|
+$284M |
| 4 |
Salesforce
CRM
|
+$173M |
| 5 |
FISV
Fiserv Inc
FISV
|
+$173M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.56% |
| 2 | Healthcare | 13.87% |
| 3 | Financials | 13.3% |
| 4 | Industrials | 12.02% |
| 5 | Consumer Discretionary | 8.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Adobe
ADBE
$98.5B
| $401M | 0.49% |
820,275
-118,234
| -13% | -$47.6M |
|
52
Avery Dennison
AVY
$13.4B
| $398M | 0.49% |
2,316,506
+643,675
| +38% | +$110M |
|
53
Rockwell Automation
ROK
$52.4B
| $379M | 0.47% |
1,150,933
+15,434
| +1% | +$4.46M |
|
54
Walt Disney
DIS
$167B
| $364M | 0.45% |
4,078,054
+32,994
| +0.8% | +$3.13M |
|
55
Nike
NKE
$62.7B
| $358M | 0.44% |
3,243,064
+27,916
| +0.9% | +$3.26M |
|
56
HDFC Bank
HDB
$124B
| $341M | 0.42% |
9,793,166
+1,570,884
| +19% | +$53M |
|
57
Caterpillar
CAT
$373B
| $327M | 0.4% |
1,328,544
+23,605
| +2% | +$5.26M |
|
58
Mondelez International
MDLZ
$80.5B
| $316M | 0.39% |
4,331,021
-1,234,443
| -22% | -$91.2M |
|
|
SCHW
59
Charles Schwab
SCHW
$181B
| $313M | 0.39% |
5,530,198
+4,085,642
| +283% | +$214M |
|
60
HEICO Corp
HEI
$49.5B
| $311M | 0.38% |
1,754,833
+173,318
| +11% | +$29.2M |
|
|
61
American Electric Power
AEP
$69.5B
| $307M | 0.38% |
3,650,830
+3,500,662
| +2,331% | +$309M |
|
62
Aptiv
APTV
$12.3B
| $307M | 0.38% |
3,005,493
+59,389
| +2% | +$5.87M |
|
63
Unilever
UL
$141B
| $305M | 0.38% |
5,204,454
+1,709,130
| +49% | +$101M |
|
64
Alibaba
BABA
$279B
| $301M | 0.37% |
3,611,817
+310,713
| +9% | +$27.2M |
|
65
ICICI Bank
IBN
$109B
| $299M | 0.37% |
12,975,843
+1,411,788
| +12% | +$31.9M |
|
66
Telkom Indonesia
TLK
$14.4B
| $299M | 0.37% |
11,199,650
+850,500
| +8% | +$23.6M |
|
67
Intuitive Surgical
ISRG
$126B
| $287M | 0.35% |
839,708
+24,219
| +3% | +$7.33M |
|
68
CVS Health
CVS
$134B
| $276M | 0.34% |
3,992,702
+764,453
| +24% | +$54.4M |
|
69
RELX
RELX
$63.9B
| $276M | 0.34% |
8,246,265
+1,775,648
| +27% | +$57.2M |
|
70
LKQ Corp
LKQ
$5.76B
| $270M | 0.33% |
4,635,492
+90,487
| +2% | +$5.03M |
|
71
Cognex
CGNX
$10.4B
| $263M | 0.32% |
4,698,868
-28,406
| -0.6% | -$1.47M |
|
72
Synopsys
SNPS
$71.3B
| $262M | 0.32% |
602,139
-91,527
| -13% | -$36.9M |
|
73
Otis Worldwide
OTIS
$27.3B
| $262M | 0.32% |
2,941,030
-284,806
| -9% | -$24M |
|
74
Skyworks Solutions
SWKS
$9.4B
| $258M | 0.32% |
2,334,791
-218,098
| -9% | -$23M |
|
75
Cognizant
CTSH
$24.3B
| $255M | 0.31% |
3,905,811
+183,967
| +5% | +$11.4M |
|
Similar funds
QCM
Lazard Asset Management's Q2 2023 Portfolio in Review
As of Q2 2023, Lazard Asset Management held 2,627 positions worth $81.2B, up 6.5% from $76.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Lazard Asset Management withdrew a net $6.14B in Q2 2023, closing 292 positions and reducing 648 holdings. Its most notable exit was ABB Ltd, an estimated $107M 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 Nice worth $14.7M.
- Lazard Asset Management's largest Q2 2023 buy was Nice: 71,266 shares worth $14.7M.
- Lazard Asset Management added most to Exelon in Q2 2023, an estimated $410M increase.
- Lazard Asset Management's biggest Q2 2023 reduction was Dollar General, cutting an estimated $330M.
- Lazard Asset Management fully exited ABB Ltd in Q2 2023, selling an estimated $107M.
- Lazard Asset Management's ten largest holdings make up 23% of its $81.2B portfolio in Q2 2023.
- Lazard Asset Management opened 307 new positions and closed 292 in Q2 2023.
- Lazard Asset Management's portfolio value rose 6.5% quarter-over-quarter to $81.2B.
Based on Lazard Asset Management's 13F filing for Q2 2023, filed 15 Aug 2023.