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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
+1.53%
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
$60.9B
AUM Growth
-$821M
(-1.3%)
Cap. Flow
-$3.18B
Cap. Flow
% of AUM
-5.23%
Top 10 Holdings %
Top 10 Hldgs %
24.34%
Holding
1,619
New
432
Increased
351
Reduced
430
Closed
152
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
CSX Corp
CSX
|
+$487M |
| 2 |
Kimberly-Clark
KMB
|
+$223M |
| 3 |
Norfolk Southern
NSC
|
+$217M |
| 4 |
Boeing
BA
|
+$167M |
| 5 |
Caterpillar
CAT
|
+$157M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
YPF
YPF
|
+$362M |
| 2 |
ICICI Bank
IBN
|
+$270M |
| 3 |
Chevron
CVX
|
+$239M |
| 4 |
AABA
Altaba Inc
AABA
|
+$238M |
| 5 |
Citizens Financial Group
CFG
|
+$187M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.88% |
| 2 | Healthcare | 15.67% |
| 3 | Financials | 13.22% |
| 4 | Industrials | 13.12% |
| 5 | Communication Services | 10.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
PLDT
PHI
$4.31B
| $205M | 0.34% |
9,311,455
-1,098,490
| -11% | -$24.6M |
|
77
SAP
SAP
$215B
| $205M | 0.34% |
1,736,141
-20,138
| -1% | -$2.49M |
|
78
IPG Photonics
IPGP
$3.4B
| $201M | 0.33% |
1,481,753
+413,708
| +39% | +$54.8M |
|
79
Ambev
ABEV
$47.9B
| $200M | 0.33% |
43,282,560
-31,346,252
| -42% | -$150M |
|
80
Sabre
SABR
$716M
| $188M | 0.31% |
8,412,156
+2,484,892
| +42% | +$58.4M |
|
81
NVIDIA
NVDA
$4.6T
| $187M | 0.31% |
42,932,160
+7,481,920
| +21% | +$31.5M |
|
|
82
Boeing
BA
$169B
| $182M | 0.3% |
479,562
+467,215
| +3,784% | +$167M |
|
|
83
Caterpillar
CAT
$361B
| $181M | 0.3% |
1,434,105
+1,235,182
| +621% | +$157M |
|
84
Unilever
UL
$142B
| $180M | 0.3% |
2,660,687
-21,101
| -0.8% | -$1.46M |
|
85
AB InBev
BUD
$164B
| $177M | 0.29% |
1,856,381
-18,486
| -1% | -$1.75M |
|
|
RDS.A
86
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $176M | 0.29% |
2,985,550
-90,901
| -3% | -$5.4M |
|
87
Prudential
PUK
$36.4B
| $175M | 0.29% |
4,950,225
+4,475
| +0.1% | +$166K |
|
88
RELX
RELX
$66.7B
| $173M | 0.28% |
7,292,686
-80,840
| -1% | -$1.93M |
|
89
JPMorgan Chase
JPM
$916B
| $171M | 0.28% |
1,455,241
+298,396
| +26% | +$33.8M |
|
90
Fidelity National Information Services
FIS
$24.2B
| $170M | 0.28% |
1,283,043
+1,114,124
| +660% | +$148M |
|
91
Grupo Cibest SA
CIB
$21.2B
| $164M | 0.27% |
3,313,588
+207,566
| +7% | +$10.5M |
|
92
PepsiCo
PEP
$196B
| $155M | 0.25% |
1,128,404
+67,323
| +6% | +$8.94M |
|
93
Elevance Health
ELV
$81.5B
| $153M | 0.25% |
637,209
-161,456
| -20% | -$44.2M |
|
94
Mastercard
MA
$498B
| $151M | 0.25% |
555,467
-36,663
| -6% | -$10.1M |
|
95
Credicorp
BAP
$30.5B
| $150M | 0.25% |
717,999
+24,360
| +4% | +$5.28M |
|
96
Sanofi
SNY
$107B
| $149M | 0.24% |
3,209,475
+39,950
| +1% | +$1.72M |
|
|
ETFC
97
DELISTED
E*Trade Financial Corporation
ETFC
| $149M | 0.24% |
3,401,878
+3,032,683
| +821% | +$134M |
|
98
New Oriental
EDU
$9.32B
| $138M | 0.23% |
1,243,234
-96,557
| -7% | -$10.1M |
|
99
Amazon
AMZN
$2.44T
| $137M | 0.22% |
1,572,740
+320,700
| +26% | +$29.7M |
|
100
Verizon
VZ
$197B
| $136M | 0.22% |
2,255,852
-243,684
| -10% | -$14M |
|
Similar funds
QCM
Lazard Asset Management's Q3 2019 Portfolio in Review
As of Q3 2019, Lazard Asset Management held 1,619 positions worth $60.9B, down 1.3% from $61.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Lazard Asset Management withdrew a net $3.18B in Q3 2019, closing 152 positions and reducing 430 holdings. Its most notable exit was Altaba Inc, an estimated $238M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Lazard Asset Management opened a new position in Genmab worth $34.3M.
- Lazard Asset Management's largest Q3 2019 buy was Genmab: 1,694,121 shares worth $34.3M.
- Lazard Asset Management added most to CSX Corp in Q3 2019, an estimated $487M increase.
- Lazard Asset Management's biggest Q3 2019 reduction was YPF, cutting an estimated $362M.
- Lazard Asset Management fully exited Altaba Inc in Q3 2019, selling an estimated $238M.
- Lazard Asset Management's ten largest holdings make up 24% of its $60.9B portfolio in Q3 2019.
- Lazard Asset Management opened 432 new positions and closed 152 in Q3 2019.
- Lazard Asset Management's portfolio value fell 1.3% quarter-over-quarter to $60.9B.
Based on Lazard Asset Management's 13F filing for Q3 2019, filed 14 Nov 2019.