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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
+1.84%
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
$44.8B
AUM Growth
-$285M
(-0.63%)
Cap. Flow
-$1.54B
Cap. Flow
% of AUM
-3.43%
Top 10 Holdings %
Top 10 Hldgs %
17.23%
Holding
1,114
New
109
Increased
251
Reduced
359
Closed
112
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$342M |
| 2 |
CEMIG Preferred Shares
CIG
|
+$211M |
| 3 |
K
Kellanova
K
|
+$166M |
| 4 |
IQVIA
IQV
|
+$157M |
| 5 |
Sysco
SYY
|
+$156M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Televisa
TV
|
+$349M |
| 2 |
Walmart Inc
WMT
|
+$187M |
| 3 |
Citigroup
C
|
+$154M |
| 4 |
Chevron
CVX
|
+$153M |
| 5 |
AbbVie
ABBV
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.67% |
| 2 | Communication Services | 12.84% |
| 3 | Technology | 12.56% |
| 4 | Financials | 10.69% |
| 5 | Energy | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
K
76
DELISTED
Kellanova
K
| $189M | 0.42% |
3,210,664
+2,933,664
| +1,059% | +$166M |
|
77
HDFC Bank
HDB
$123B
| $185M | 0.41% |
18,068,916
-1,930,824
| -10% | -$16.8M |
|
|
SE
78
DELISTED
Spectra Energy Corp Wi
SE
| $183M | 0.41% |
4,960,211
-371,842
| -7% | -$13.5M |
|
79
Ryanair
RYAAY
$30.2B
| $175M | 0.39% |
7,238,875
-1,266,813
| -15% | -$27.7M |
|
80
Novartis
NVS
$302B
| $173M | 0.39% |
2,267,985
+197,584
| +10% | +$14.4M |
|
81
Morgan Stanley
MS
$322B
| $171M | 0.38% |
5,480,437
+1,861,628
| +51% | +$57.5M |
|
82
CoreCivic
CXW
$2.99B
| $171M | 0.38% |
5,448,557
+155,947
| +3% | +$5.14M |
|
83
SPDR Gold Trust
GLD
$132B
| $170M | 0.38% |
1,378,727
-82,392
| -6% | -$10.3M |
|
84
ICICI Bank
IBN
$107B
| $169M | 0.38% |
21,226,750
-234,003
| -1% | -$1.56M |
|
85
Norfolk Southern
NSC
$75.5B
| $166M | 0.37% |
1,708,985
-68,968
| -4% | -$6.4M |
|
|
NVO
86
Novo Nordisk
NVO
$229B
| $164M | 0.37% |
7,193,122
+618,882
| +9% | +$13.2M |
|
87
Xerox
XRX
$362M
| $157M | 0.35% |
+5,283,963
| New | +$155M |
|
88
RTX Corp
RTX
$295B
| $155M | 0.35% |
2,105,255
-24,175
| -1% | -$1.74M |
|
|
CVD
89
DELISTED
COVANCE INC.
CVD
| $154M | 0.34% |
1,478,403
-113,572
| -7% | -$11.3M |
|
|
SLCA
90
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $146M | 0.33% |
3,819,545
+271,470
| +8% | +$8.74M |
|
91
AutoZone
AZO
$51.6B
| $141M | 0.31% |
262,423
-59,484
| -18% | -$30.9M |
|
92
AB InBev
BUD
$163B
| $139M | 0.31% |
1,317,551
+108,933
| +9% | +$11.1M |
|
93
Prudential
PUK
$36.7B
| $136M | 0.3% |
3,294,014
+319,690
| +11% | +$13.6M |
|
|
TTM
94
DELISTED
Tata Motors Limited
TTM
| $135M | 0.3% |
3,814,083
+430,139
| +13% | +$13.6M |
|
95
International Paper
IP
$22.8B
| $132M | 0.3% |
3,083,494
+907,007
| +42% | +$40.3M |
|
96
Petrobras Class A
PBR.A
$106B
| $130M | 0.29% |
9,337,251
+2,922,942
| +46% | +$36M |
|
|
NBL
97
DELISTED
Noble Energy, Inc.
NBL
| $129M | 0.29% |
1,819,637
-128,328
| -7% | -$8.5M |
|
98
iShares Core S&P 500 ETF
IVV
$869B
| $129M | 0.29% |
683,617
-15,724
| -2% | -$2.9M |
|
99
SLB Ltd
SLB
$73.4B
| $126M | 0.28% |
1,291,663
-192,753
| -13% | -$17.4M |
|
|
JOY
100
DELISTED
Joy Global Inc
JOY
| $121M | 0.27% |
2,077,708
-96,030
| -4% | -$5.33M |
|
Similar funds
QCM
Lazard Asset Management's Q1 2014 Portfolio in Review
As of Q1 2014, Lazard Asset Management held 1,114 positions worth $44.8B, down 0.63% from $45.1B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Lazard Asset Management withdrew a net $1.54B in Q1 2014, closing 112 positions and reducing 359 holdings. Its most notable exit was American Eagle Outfitters, an estimated $140M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 15% a quarter earlier, followed by Communication Services and Technology.
Against the trend, Lazard Asset Management opened a new position in CEMIG Preferred Shares worth $249M.
- Lazard Asset Management's largest Q1 2014 buy was CEMIG Preferred Shares: 71,812,047 shares worth $249M.
- Lazard Asset Management added most to Eli Lilly in Q1 2014, an estimated $342M increase.
- Lazard Asset Management's biggest Q1 2014 reduction was Televisa, cutting an estimated $349M.
- Lazard Asset Management fully exited American Eagle Outfitters in Q1 2014, selling an estimated $140M.
- Lazard Asset Management's ten largest holdings make up 17% of its $44.8B portfolio in Q1 2014.
- Lazard Asset Management opened 109 new positions and closed 112 in Q1 2014.
- Lazard Asset Management's portfolio value fell 0.63% quarter-over-quarter to $44.8B.
Based on Lazard Asset Management's 13F filing for Q1 2014, filed 12 May 2014.