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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
-3.24%
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
$73.5B
AUM Growth
-$7.73B
(-9.5%)
Cap. Flow
-$10.4B
Cap. Flow
% of AUM
-14.12%
Top 10 Holdings %
Top 10 Hldgs %
24.14%
Holding
2,549
New
227
Increased
861
Reduced
712
Closed
243
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PPL
PPL Corp
PPL
|
+$301M |
| 2 |
Estee Lauder
EL
|
+$252M |
| 3 |
Boeing
BA
|
+$251M |
| 4 |
Kenvue
KVUE
|
+$174M |
| 5 |
Fidelity National Information Services
FIS
|
+$166M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$547M |
| 2 |
Union Pacific
UNP
|
+$459M |
| 3 |
Pinnacle West Capital
PNW
|
+$203M |
| 4 |
Wells Fargo
WFC
|
+$199M |
| 5 |
Bank of America
BAC
|
+$199M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.75% |
| 2 | Healthcare | 13.74% |
| 3 | Financials | 13.36% |
| 4 | Industrials | 11.58% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
826
Murphy USA
MUSA
$9.78B
| $806K | ﹤0.01% |
2,363
+751
| +47% | +$239K |
|
827
Royalty Pharma
RPRX
$25.3B
| $806K | ﹤0.01% |
29,730
| – | – |
|
828
Champion Homes
SKY
$5.07B
| $794K | ﹤0.01% |
12,469
-119,489
| -91% | -$8.02M |
|
|
PDCO
829
DELISTED
Patterson Companies, Inc.
PDCO
| $794K | ﹤0.01% |
26,840
+21,900
| +443% | +$695K |
|
830
Customers Bancorp
CUBI
$2.79B
| $791K | ﹤0.01% |
22,965
+5,198
| +29% | +$188K |
|
831
iShares ESG Advanced MSCI EM ETF
EMXF
$164M
| $790K | ﹤0.01% |
+23,341
| New | +$827K |
|
832
SPS Commerce
SPSC
$2.62B
| $789K | ﹤0.01% |
4,630
+1,197
| +35% | +$212K |
|
833
iShares ESG Advanced MSCI EAFE ETF
DMXF
$1.03B
| $788K | ﹤0.01% |
+13,814
| New | +$826K |
|
834
Corcept Therapeutics
CORT
$11.8B
| $773K | ﹤0.01% |
28,405
+27,140
| +2,145% | +$785K |
|
835
CRH
CRH
$66.4B
| $769K | ﹤0.01% |
+14,080
| New | +$800K |
|
836
Samsara
IOT
$23.9B
| $765K | ﹤0.01% |
30,350
+2,868
| +10% | +$76.1K |
|
|
CUTR
837
DELISTED
Cutera, Inc.
CUTR
| $760K | ﹤0.01% |
126,263
+49,450
| +64% | +$627K |
|
838
Hubbell
HUBB
$27.3B
| $758K | ﹤0.01% |
2,423
-679
| -22% | -$216K |
|
839
Nuveen Credit Strategies Income Fund
JQC
$712M
| – | – |
0
| – | – |
|
840
InMode
INMD
$876M
| $757K | ﹤0.01% |
24,858
+1,115
| +5% | +$43.8K |
|
841
SLB Ltd
SLB
$76.2B
| $755K | ﹤0.01% |
12,973
-2,755
| -18% | -$160K |
|
842
Atlantic Union Bankshares
AUB
$5.95B
| $753K | ﹤0.01% |
+26,196
| New | +$779K |
|
843
Floor & Decor
FND
$6.57B
| $752K | ﹤0.01% |
8,318
-2,227
| -21% | -$227K |
|
844
Mercer International
MERC
$38.9M
| $752K | ﹤0.01% |
87,711
-4,590
| -5% | -$39.6K |
|
845
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.69B
| – | – |
0
| – | – |
|
846
Oneok
OKE
$55.5B
| $739K | ﹤0.01% |
11,659
+1,704
| +17% | +$111K |
|
847
Global Net Lease
GNL
$1.91B
| $731K | ﹤0.01% |
+76,110
| New | +$820K |
|
848
Delta Air Lines
DAL
$60.1B
| $726K | ﹤0.01% |
19,627
+68
| +0.3% | +$2.95K |
|
849
M&T Bank
MTB
$36.2B
| $725K | ﹤0.01% |
5,745
+1,803
| +46% | +$235K |
|
850
Edison International
EIX
$26.5B
| $723K | ﹤0.01% |
11,436
-2,411
| -17% | -$168K |
|
Similar funds
QCM
Lazard Asset Management's Q3 2023 Portfolio in Review
As of Q3 2023, Lazard Asset Management held 2,549 positions worth $73.5B, down 9.5% from $81.2B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Lazard Asset Management withdrew a net $10.4B in Q3 2023, closing 243 positions and reducing 712 holdings. Its most notable exit was Littelfuse, an estimated $24.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Lazard Asset Management opened a new position in ScottsMiracle-Gro worth $28.3M.
- Lazard Asset Management's largest Q3 2023 buy was ScottsMiracle-Gro: 548,310 shares worth $28.3M.
- Lazard Asset Management added most to PPL Corp in Q3 2023, an estimated $301M increase.
- Lazard Asset Management's biggest Q3 2023 reduction was Johnson & Johnson, cutting an estimated $547M.
- Lazard Asset Management fully exited Littelfuse in Q3 2023, selling an estimated $24.3M.
- Lazard Asset Management's ten largest holdings make up 24% of its $73.5B portfolio in Q3 2023.
- Lazard Asset Management opened 227 new positions and closed 243 in Q3 2023.
- Lazard Asset Management's portfolio value fell 9.5% quarter-over-quarter to $73.5B.
Based on Lazard Asset Management's 13F filing for Q3 2023, filed 14 Nov 2023.