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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 | |
|---|---|---|---|---|---|---|
901
Talos Energy
TALO
$2.4B
| $447K | ﹤0.01% |
+30,144
| New | +$519K |
|
902
Enterprise Financial Services Corp
EFSC
$2.39B
| $442K | ﹤0.01% |
9,927
+9,003
| +974% | +$460K |
|
903
Insmed
INSM
$28.6B
| $442K | ﹤0.01% |
25,958
+23,800
| +1,103% | +$462K |
|
|
FLG
904
Flagstar Bank National Association
FLG
$5.82B
| $440K | ﹤0.01% |
16,258
+15,117
| +1,325% | +$409K |
|
|
MAXR
905
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $439K | ﹤0.01% |
8,613
| – | – |
|
|
RDFN
906
DELISTED
Redfin
RDFN
| $430K | ﹤0.01% |
47,473
+43,373
| +1,058% | +$323K |
|
907
Target
TGT
$68B
| $429K | ﹤0.01% |
2,605
-56,465
| -96% | -$9.28M |
|
908
National Grid
NGG
$81.3B
| $424K | ﹤0.01% |
6,636
-166
| -2% | -$9.95K |
|
909
Reliance Steel & Aluminium
RS
$21.6B
| $422K | ﹤0.01% |
1,644
+96
| +6% | +$22.6K |
|
910
Lantheus
LNTH
$6.59B
| $419K | ﹤0.01% |
5,087
-20,991
| -80% | -$1.35M |
|
911
BioMarin Pharmaceuticals
BMRN
$12.3B
| $416K | ﹤0.01% |
4,291
+3,511
| +450% | +$364K |
|
912
W.R. Berkley
WRB
$26.6B
| $416K | ﹤0.01% |
10,058
+4,689
| +87% | +$210K |
|
913
Alamo Group
ALG
$2.05B
| $414K | ﹤0.01% |
2,251
+1,985
| +746% | +$327K |
|
|
FITB
914
Fifth Third Bancorp
FITB
$51.8B
| $414K | ﹤0.01% |
15,603
-490,615
| -97% | -$16.3M |
|
915
Prudential Financial
PRU
$41.8B
| $412K | ﹤0.01% |
5,001
+33
| +0.7% | +$3.15K |
|
916
American Vanguard Corp
AVD
$68.9M
| $405K | ﹤0.01% |
18,574
-77,422
| -81% | -$1.67M |
|
917
Robert Half
RHI
$4.37B
| $405K | ﹤0.01% |
5,038
+3,094
| +159% | +$246K |
|
918
Burlington
BURL
$23.2B
| $404K | ﹤0.01% |
2,001
+1,994
| +28,486% | +$436K |
|
919
SLM Corp
SLM
$5.15B
| $404K | ﹤0.01% |
32,646
-126,430
| -79% | -$1.87M |
|
920
iShares Expanded Tech Sector ETF
IGM
$10.7B
| $402K | ﹤0.01% |
7,110
| – | – |
|
921
HP
HPQ
$27.5B
| $400K | ﹤0.01% |
13,659
-2,873
| -17% | -$82.5K |
|
922
Vanguard Consumer Staples ETF
VDC
$7.99B
| $399K | ﹤0.01% |
2,062
-2,084
| -50% | -$395K |
|
923
Aaon
AAON
$7.77B
| $398K | ﹤0.01% |
6,188
+5,279
| +581% | +$290K |
|
924
Barrett Business Services
BBSI
$804M
| $398K | ﹤0.01% |
17,996
+8,820
| +96% | +$206K |
|
925
Chemours
CC
$2.37B
| $396K | ﹤0.01% |
13,258
+4,682
| +55% | +$154K |
|
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.