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
+6.48%
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 | |
|---|---|---|---|---|---|---|
926
Synchrony
SYF
$25.6B
| $390K | ﹤0.01% |
13,445
-272,650
| -95% | -$9.16M |
|
927
British American Tobacco
BTI
$128B
| $389K | ﹤0.01% |
11,100
| – | – |
|
928
Fidelity National Financial
FNF
$13.5B
| $388K | ﹤0.01% |
11,138
-627,583
| -98% | -$24.7M |
|
|
CPRX
929
DELISTED
Catalyst Pharmaceutical
CPRX
| $384K | ﹤0.01% |
23,178
-16,980
| -42% | -$280K |
|
930
SPS Commerce
SPSC
$2.64B
| $382K | ﹤0.01% |
2,512
+75
| +3% | +$10.6K |
|
|
DFS
931
DELISTED
Discover Financial Services
DFS
| $377K | ﹤0.01% |
3,823
-52,253
| -93% | -$5.59M |
|
932
United Microelectronic
UMC
$46.9B
| $377K | ﹤0.01% |
43,048
| – | – |
|
933
CRA International
CRAI
$1.09B
| $375K | ﹤0.01% |
3,480
| – | – |
|
|
ISD
934
PGIM High Yield Bond Fund
ISD
$419M
| – | – |
0
| – | – |
|
935
iShares Silver Trust
SLV
$30.7B
| $371K | ﹤0.01% |
16,804
+3,439
| +26% | +$71.2K |
|
936
BlackRock Credit Allocation Income Trust
BTZ
$956M
| – | – |
0
| – | – |
|
|
ESTE
937
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $370K | ﹤0.01% |
28,485
-35,534
| -56% | -$477K |
|
938
Energy Transfer Partners
ET
$69.3B
| $368K | ﹤0.01% |
29,543
| – | – |
|
939
Yum! Brands
YUM
$41.1B
| $367K | ﹤0.01% |
2,784
+2,764
| +13,820% | +$356K |
|
940
Samsara
IOT
$23.8B
| $364K | ﹤0.01% |
18,507
+8,281
| +81% | +$131K |
|
941
M&T Bank
MTB
$36.2B
| $364K | ﹤0.01% |
3,053
+3,035
| +16,861% | +$441K |
|
942
John Wiley & Sons Class A
WLY
$2.66B
| $363K | ﹤0.01% |
9,394
-830
| -8% | -$35.4K |
|
943
Macy's
M
$6.68B
| $361K | ﹤0.01% |
20,648
+17,917
| +656% | +$379K |
|
|
PLL
944
DELISTED
Piedmont Lithium
PLL
| $356K | ﹤0.01% |
+5,932
| New | +$360K |
|
|
NUVA
945
DELISTED
NuVasive, Inc.
NUVA
| $355K | ﹤0.01% |
8,606
+7,468
| +656% | +$319K |
|
|
CELL
946
DELISTED
PhenomeX Inc. Common Stock
CELL
| $354K | ﹤0.01% |
306,345
+10,503
| +4% | +$19.2K |
|
947
Targa Resources
TRGP
$55.1B
| $352K | ﹤0.01% |
4,834
-2,209
| -31% | -$163K |
|
948
Healthpeak Properties
DOC
$14.8B
| $348K | ﹤0.01% |
15,893
+2,570
| +19% | +$63.7K |
|
949
Regions Financial
RF
$26.8B
| $348K | ﹤0.01% |
18,801
-72,903
| -79% | -$1.59M |
|
|
RNLX
950
DELISTED
Renalytix plc American Depositary Shares
RNLX
| $348K | ﹤0.01% |
144,069
+1,270
| +0.9% | +$3.52K |
|
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.