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
+302.07%
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 | |
|---|---|---|---|---|---|---|
51
Wells Fargo
WFC
$263B
| $414M | 0.52% |
8,419,376
-18,973
| -0.2% | -$819K |
|
52
Labcorp
LH
$25.2B
| $414M | 0.52% |
1,820,972
-391,525
| -18% | -$82.2M |
|
53
Petrobras
PBR
$123B
| $368M | 0.47% |
23,020,785
-152,372
| -0.7% | -$2.33M |
|
54
Union Pacific
UNP
$172B
| $358M | 0.45% |
1,457,823
-76,500
| -5% | -$16.8M |
|
55
Rockwell Automation
ROK
$53.7B
| $355M | 0.45% |
1,144,224
-4,190
| -0.4% | -$1.17M |
|
|
PPL
56
PPL Corp
PPL
$26.5B
| $355M | 0.45% |
13,092,211
+1,367,716
| +12% | +$34.7M |
|
57
HDFC Bank
HDB
$124B
| $338M | 0.43% |
10,072,514
+355,590
| +4% | +$10.7M |
|
58
Caterpillar
CAT
$372B
| $328M | 0.42% |
1,109,581
-290,307
| -21% | -$75.3M |
|
59
Nike
NKE
$63.3B
| $322M | 0.41% |
2,966,976
-112,033
| -4% | -$12M |
|
60
Alibaba
BABA
$307B
| $322M | 0.41% |
4,153,414
+961,212
| +30% | +$76.6M |
|
61
Telkom Indonesia
TLK
$15B
| $313M | 0.4% |
12,152,608
+2,502,307
| +26% | +$60.2M |
|
62
Boeing
BA
$177B
| $309M | 0.39% |
1,184,493
+23,032
| +2% | +$4.93M |
|
63
HEICO Corp
HEI
$50.5B
| $303M | 0.38% |
1,694,688
-28,378
| -2% | -$4.8M |
|
64
Mondelez International
MDLZ
$80.2B
| $301M | 0.38% |
4,151,997
-61,580
| -1% | -$4.22M |
|
65
Walt Disney
DIS
$172B
| $284M | 0.36% |
3,149,470
-7,223
| -0.2% | -$637K |
|
66
Aptiv
APTV
$12.1B
| $281M | 0.36% |
3,127,669
+109,741
| +4% | +$9.45M |
|
67
Pinnacle West Capital
PNW
$12.2B
| $280M | 0.35% |
3,890,947
+35,316
| +0.9% | +$2.59M |
|
68
Goldman Sachs
GS
$298B
| $274M | 0.35% |
710,219
+26,296
| +4% | +$8.78M |
|
69
Synopsys
SNPS
$74.3B
| $267M | 0.34% |
517,871
-85,795
| -14% | -$43.9M |
|
70
Commerce Bancshares
CBSH
$8.62B
| $251M | 0.32% |
5,178,471
-161,653
| -3% | -$6.97M |
|
71
ICICI Bank
IBN
$108B
| $248M | 0.31% |
10,405,600
-1,071,729
| -9% | -$24.7M |
|
72
Intuitive Surgical
ISRG
$134B
| $244M | 0.31% |
724,286
-96,154
| -12% | -$28.7M |
|
|
PXD
73
DELISTED
Pioneer Natural Resource Co.
PXD
| $242M | 0.31% |
1,075,171
-27,629
| -3% | -$6.48M |
|
74
H&R Block
HRB
$5.77B
| $229M | 0.29% |
4,737,835
-1,593,166
| -25% | -$71M |
|
75
eBay
EBAY
$49.6B
| $228M | 0.29% |
5,228,368
+24,636
| +0.5% | +$1.02M |
|
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.