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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
+13.76%
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
$61.1B
AUM Growth
+$6.8B
(+13%)
Cap. Flow
-$1.88B
Cap. Flow
% of AUM
-3.07%
Top 10 Holdings %
Top 10 Hldgs %
23.3%
Holding
1,241
New
198
Increased
365
Reduced
338
Closed
99
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Intercontinental Exchange
ICE
|
+$348M |
| 2 |
Elanco Animal Health
ELAN
|
+$327M |
| 3 |
Norfolk Southern
NSC
|
+$273M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$258M |
| 5 |
Medtronic
MDT
|
+$176M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PG&E
PCG
|
+$490M |
| 2 |
CHL
China Mobile Limited
CHL
|
+$445M |
| 3 |
Edison International
EIX
|
+$392M |
| 4 |
STI
SunTrust Banks, Inc.
STI
|
+$384M |
| 5 |
RTX Corp
RTX
|
+$366M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.22% |
| 2 | Healthcare | 15.06% |
| 3 | Financials | 13.35% |
| 4 | Industrials | 12.52% |
| 5 | Communication Services | 11.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RDS.A
76
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $194M | 0.32% |
3,101,748
+88,643
| +3% | +$5.48M |
|
|
NBIS
77
Nebius Group N.V.
NBIS
$47.8B
| $194M | 0.32% |
5,636,782
-363,897
| -6% | -$12.1M |
|
78
CVS Health
CVS
$134B
| $188M | 0.31% |
3,494,518
+730,974
| +26% | +$45.1M |
|
79
Union Pacific
UNP
$172B
| $181M | 0.3% |
1,080,675
+857,422
| +384% | +$138M |
|
80
Applied Materials
AMAT
$398B
| $178M | 0.29% |
4,480,502
-41,749
| -0.9% | -$1.59M |
|
81
Unilever
UL
$141B
| $175M | 0.29% |
2,701,777
+320,477
| +13% | +$19.5M |
|
82
Labcorp
LH
$25.9B
| $174M | 0.28% |
1,323,661
+188,123
| +17% | +$23.2M |
|
83
Citizens Financial Group
CFG
$30.3B
| $171M | 0.28% |
5,252,717
-629,757
| -11% | -$21.8M |
|
84
Grupo Cibest SA
CIB
$22.3B
| $160M | 0.26% |
3,126,917
+417,601
| +15% | +$19.5M |
|
85
RELX
RELX
$63.9B
| $160M | 0.26% |
7,440,786
+119,274
| +2% | +$2.6M |
|
86
AB InBev
BUD
$166B
| $159M | 0.26% |
1,889,669
+344,109
| +22% | +$26.5M |
|
87
Verizon
VZ
$193B
| $153M | 0.25% |
2,593,167
+268,838
| +12% | +$15.2M |
|
88
CSX Corp
CSX
$93B
| $152M | 0.25% |
6,076,308
+1,858,626
| +44% | +$43M |
|
89
Booking.com
BKNG
$150B
| $149M | 0.24% |
2,131,200
+1,878,925
| +745% | +$134M |
|
90
Credicorp
BAP
$32B
| $146M | 0.24% |
609,743
+6,176
| +1% | +$1.47M |
|
91
Mastercard
MA
$510B
| $146M | 0.24% |
620,666
-140,570
| -18% | -$30.2M |
|
92
PepsiCo
PEP
$191B
| $142M | 0.23% |
1,159,242
+55,937
| +5% | +$6.37M |
|
93
PTC
PTC
$15.7B
| $140M | 0.23% |
1,517,070
+46,070
| +3% | +$4.08M |
|
94
BHP
BHP
$218B
| $139M | 0.23% |
2,847,518
-828,564
| -23% | -$37.8M |
|
95
Consolidated Edison
ED
$40.4B
| $133M | 0.22% |
1,568,260
+505,090
| +48% | +$40.4M |
|
96
Parker-Hannifin
PH
$121B
| $130M | 0.21% |
757,985
-316,020
| -29% | -$52.4M |
|
|
WP
97
DELISTED
Worldpay, Inc.
WP
| $129M | 0.21% |
1,137,580
-1,004,912
| -47% | -$91.1M |
|
98
iShares Core S&P 500 ETF
IVV
$872B
| $128M | 0.21% |
450,950
-32,869
| -7% | -$8.99M |
|
99
Eli Lilly
LLY
$1.03T
| $128M | 0.21% |
987,123
+67,609
| +7% | +$8.22M |
|
100
Autodesk
ADSK
$49.6B
| $128M | 0.21% |
818,680
+47,128
| +6% | +$7.04M |
|
Similar funds
QCM
Lazard Asset Management's Q1 2019 Portfolio in Review
As of Q1 2019, Lazard Asset Management held 1,241 positions worth $61.1B, up 13% from $54.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Lazard Asset Management withdrew a net $1.88B in Q1 2019, closing 99 positions and reducing 338 holdings. Its most notable exit was PG&E, an estimated $490M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Lazard Asset Management opened a new position in Elanco Animal Health worth $341M.
- Lazard Asset Management's largest Q1 2019 buy was Elanco Animal Health: 10,640,964 shares worth $341M.
- Lazard Asset Management added most to Intercontinental Exchange in Q1 2019, an estimated $348M increase.
- Lazard Asset Management's biggest Q1 2019 reduction was China Mobile Limited, cutting an estimated $445M.
- Lazard Asset Management fully exited PG&E in Q1 2019, selling an estimated $490M.
- Lazard Asset Management's ten largest holdings make up 23% of its $61.1B portfolio in Q1 2019.
- Lazard Asset Management opened 198 new positions and closed 99 in Q1 2019.
- Lazard Asset Management's portfolio value rose 13% quarter-over-quarter to $61.1B.
Based on Lazard Asset Management's 13F filing for Q1 2019, filed 13 May 2019.