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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
+7.94%
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
$43.7B
AUM Growth
+$1.88B
(+4.5%)
Cap. Flow
-$1.61B
Cap. Flow
% of AUM
-3.69%
Top 10 Holdings %
Top 10 Hldgs %
21.79%
Holding
1,199
New
110
Increased
372
Reduced
359
Closed
98
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$898M |
| 2 |
Procter & Gamble
PG
|
+$323M |
| 3 |
Union Pacific
UNP
|
+$310M |
| 4 |
Fidelity National Information Services
FIS
|
+$292M |
| 5 |
Wells Fargo
WFC
|
+$221M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$873M |
| 2 |
EMC
EMC CORPORATION
EMC
|
+$700M |
| 3 |
Madison Square Garden
MSGS
|
+$377M |
| 4 |
IBM
IBM
|
+$346M |
| 5 |
Voya Financial
VOYA
|
+$241M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 16.22% |
| 2 | Healthcare | 14.31% |
| 3 | Financials | 12.86% |
| 4 | Technology | 12.6% |
| 5 | Industrials | 10.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
HDFC Bank
HDB
$123B
| $169M | 0.39% |
10,959,672
-1,566,984
| -13% | -$23.7M |
|
77
Parker-Hannifin
PH
$121B
| $165M | 0.38% |
1,705,821
-664,837
| -28% | -$67.4M |
|
78
Prudential
PUK
$36.8B
| $158M | 0.36% |
3,615,649
+97,784
| +3% | +$4.35M |
|
|
MSGN
79
DELISTED
MSG Networks Inc.
MSGN
| $153M | 0.35% |
+7,343,408
| New | +$149M |
|
80
Starbucks
SBUX
$119B
| $142M | 0.32% |
2,357,240
-627,375
| -21% | -$38.2M |
|
81
International Paper
IP
$22.8B
| $141M | 0.32% |
3,944,447
+71,761
| +2% | +$2.76M |
|
82
British American Tobacco
BTI
$136B
| $139M | 0.32% |
2,524,226
+49,314
| +2% | +$2.83M |
|
|
EMC
83
DELISTED
EMC CORPORATION
EMC
| $130M | 0.3% |
5,044,202
-26,964,950
| -84% | -$700M |
|
84
Comcast
CMCSA
$87B
| $128M | 0.29% |
4,521,642
+2,984
| +0.1% | +$89.9K |
|
85
Teradyne
TER
$53.7B
| $127M | 0.29% |
6,149,846
+315,043
| +5% | +$6.27M |
|
86
Deckers Outdoor
DECK
$14.2B
| $127M | 0.29% |
16,118,232
+10,282,974
| +176% | +$91.1M |
|
87
Costco
COST
$431B
| $124M | 0.28% |
764,986
-277,310
| -27% | -$43.8M |
|
88
APA Corp
APA
$12.9B
| $121M | 0.28% |
2,720,974
-1,651,286
| -38% | -$76.9M |
|
89
Intuitive Surgical
ISRG
$127B
| $112M | 0.26% |
1,846,800
+1,412,100
| +325% | +$79.3M |
|
90
Qualcomm
QCOM
$172B
| $112M | 0.26% |
2,232,061
-1,707,041
| -43% | -$91.1M |
|
|
MJN
91
DELISTED
Mead Johnson Nutrition Company
MJN
| $108M | 0.25% |
1,367,511
-137,123
| -9% | -$10.8M |
|
|
JCP
92
DELISTED
J.C. Penney Company, Inc.
JCP
| $105M | 0.24% |
15,838,538
+4,359,987
| +38% | +$36.4M |
|
93
Credicorp
BAP
$30.9B
| $104M | 0.24% |
1,068,640
-19,192
| -2% | -$2.08M |
|
94
Merck
MRK
$323B
| $102M | 0.23% |
2,028,384
-585,661
| -22% | -$29.5M |
|
|
NVO
95
Novo Nordisk
NVO
$229B
| $102M | 0.23% |
3,499,442
-781,748
| -18% | -$21.6M |
|
96
Sumitomo Mitsui Financial
SMFG
$161B
| $101M | 0.23% |
13,362,049
+138,620
| +1% | +$1.09M |
|
97
Unilever
UL
$142B
| $101M | 0.23% |
2,080,885
+105,813
| +5% | +$5.16M |
|
|
RAI
98
DELISTED
Reynolds American Inc
RAI
| $100M | 0.23% |
2,176,606
-32,084
| -1% | -$1.48M |
|
99
Lloyds Banking Group
LYG
$86.4B
| $99.5M | 0.23% |
22,824,641
+2,465,314
| +12% | +$11.2M |
|
100
Occidental Petroleum
OXY
$55.6B
| $99M | 0.23% |
1,467,018
+124,888
| +9% | +$8.98M |
|
Similar funds
QCM
Lazard Asset Management's Q4 2015 Portfolio in Review
As of Q4 2015, Lazard Asset Management held 1,199 positions worth $43.7B, up 4.5% from $41.8B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Lazard Asset Management withdrew a net $1.61B in Q4 2015, closing 98 positions and reducing 359 holdings. Its most notable exit was Twenty-First Century Fox, Inc. Class B, an estimated $78.3M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 16% of assets, up from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Lazard Asset Management opened a new position in Alphabet (Google) Class A worth $944M.
- Lazard Asset Management's largest Q4 2015 buy was Alphabet (Google) Class A: 24,267,340 shares worth $944M.
- Lazard Asset Management added most to Procter & Gamble in Q4 2015, an estimated $323M increase.
- Lazard Asset Management's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $873M.
- Lazard Asset Management fully exited Twenty-First Century Fox, Inc. Class B in Q4 2015, selling an estimated $78.3M.
- Lazard Asset Management's ten largest holdings make up 22% of its $43.7B portfolio in Q4 2015.
- Lazard Asset Management opened 110 new positions and closed 98 in Q4 2015.
- Lazard Asset Management's portfolio value rose 4.5% quarter-over-quarter to $43.7B.
Based on Lazard Asset Management's 13F filing for Q4 2015, filed 12 Feb 2016.