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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
+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 | |
|---|---|---|---|---|---|---|
876
AvalonBay Communities
AVB
$26.8B
| $517K | ﹤0.01% |
3,088
-999
| -24% | -$170K |
|
877
iShares Russell Mid-Cap Growth ETF
IWP
$20.7B
| $515K | ﹤0.01% |
5,661
| – | – |
|
878
Embecta
EMBC
$262M
| $512K | ﹤0.01% |
+18,238
| New | +$518K |
|
879
Evergy
EVRG
$19.2B
| $504K | ﹤0.01% |
8,256
-49
| -0.6% | -$2.98K |
|
880
Impinj
PI
$5.6B
| $504K | ﹤0.01% |
3,722
| – | – |
|
|
CNR
881
Core Natural Resources Inc
CNR
$4.45B
| $504K | ﹤0.01% |
+8,650
| New | +$493K |
|
882
Packaging Corp of America
PKG
$22.8B
| $500K | ﹤0.01% |
3,605
+504
| +16% | +$68.5K |
|
883
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.38B
| $500K | ﹤0.01% |
11,867
| – | – |
|
884
Vanguard Total Bond Market
BND
$158B
| – | – |
0
| – | – |
|
885
American Water Works
AWK
$26.9B
| $492K | ﹤0.01% |
3,370
+850
| +34% | +$126K |
|
886
W.P. Carey
WPC
$16.4B
| $492K | ﹤0.01% |
6,497
+306
| +5% | +$24.4K |
|
887
PBF Energy
PBF
$7.31B
| $489K | ﹤0.01% |
11,290
+2,279
| +25% | +$96K |
|
888
Caleres
CAL
$487M
| $487K | ﹤0.01% |
22,558
-3,055
| -12% | -$73.4K |
|
889
CMS Energy
CMS
$22.3B
| $484K | ﹤0.01% |
7,902
-115,386
| -94% | -$7.09M |
|
890
Monolithic Power Systems
MPWR
$68.9B
| $477K | ﹤0.01% |
954
-694
| -42% | -$319K |
|
891
Korn Ferry
KFY
$4.28B
| $475K | ﹤0.01% |
9,185
-7,113
| -44% | -$384K |
|
892
Xeris Biopharma Holdings
XERS
$1.37B
| $471K | ﹤0.01% |
289,450
-56,932
| -16% | -$71.3K |
|
|
SWN
893
DELISTED
Southwestern Energy Company
SWN
| $470K | ﹤0.01% |
94,071
-8,647
| -8% | -$45.9K |
|
894
Herc Holdings
HRI
$5.61B
| $469K | ﹤0.01% |
4,125
+479
| +13% | +$66.1K |
|
|
TMHC
895
DELISTED
Taylor Morrison
TMHC
| $467K | ﹤0.01% |
12,208
-151,128
| -93% | -$5.31M |
|
896
Virgin Galactic
SPCE
$398M
| $465K | ﹤0.01% |
5,748
+4,080
| +245% | +$407K |
|
897
Waters Corp
WAT
$39.9B
| $462K | ﹤0.01% |
1,495
+233
| +18% | +$75.4K |
|
898
Buckle
BKE
$2.37B
| $459K | ﹤0.01% |
12,873
+3,739
| +41% | +$153K |
|
899
Matsons
MATX
$6.18B
| $451K | ﹤0.01% |
7,576
-36,946
| -83% | -$2.38M |
|
|
LTC
900
LTC Properties
LTC
$2.15B
| $447K | ﹤0.01% |
12,731
+11,973
| +1,580% | +$431K |
|
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.