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
+8.53%
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
$94B
AUM Growth
+$5.35B
(+6%)
Cap. Flow
-$10.2B
Cap. Flow
% of AUM
-10.87%
Top 10 Holdings %
Top 10 Hldgs %
22.25%
Holding
2,551
New
400
Increased
743
Reduced
692
Closed
262
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pinnacle West Capital
PNW
|
+$455M |
| 2 |
PNC Financial Services
PNC
|
+$306M |
| 3 |
Otis Worldwide
OTIS
|
+$234M |
| 4 |
Colgate-Palmolive
CL
|
+$212M |
| 5 |
NorthWestern Energy
NWE
|
+$193M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$545M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$293M |
| 3 |
CSX Corp
CSX
|
+$210M |
| 4 |
Baxter International
BAX
|
+$171M |
| 5 |
Dollar Tree
DLTR
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.36% |
| 2 | Healthcare | 14.2% |
| 3 | Financials | 13.3% |
| 4 | Industrials | 9.5% |
| 5 | Consumer Discretionary | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
CVS Health
CVS
$134B
| $270M | 0.29% |
2,613,945
-256,907
| -9% | -$23.7M |
|
77
Armstrong World Industries
AWI
$7.58B
| $265M | 0.28% |
2,283,590
-99,612
| -4% | -$10.7M |
|
78
Avery Dennison
AVY
$13.2B
| $256M | 0.27% |
1,181,068
+98,953
| +9% | +$21.2M |
|
79
Deere & Co
DE
$163B
| $255M | 0.27% |
745,033
-10,806
| -1% | -$3.76M |
|
|
80
Otis Worldwide
OTIS
$27.5B
| $254M | 0.27% |
2,911,768
+2,791,340
| +2,318% | +$234M |
|
81
RELX
RELX
$63.1B
| $243M | 0.26% |
7,445,940
-114,039
| -2% | -$3.55M |
|
82
Unilever
UL
$137B
| $226M | 0.24% |
3,729,197
-296,268
| -7% | -$17.6M |
|
83
Intuit
INTU
$87.1B
| $226M | 0.24% |
350,759
-117,759
| -25% | -$72.7M |
|
84
Palo Alto Networks
PANW
$283B
| $226M | 0.24% |
2,430,600
-13,488
| -0.6% | -$1.17M |
|
85
Verisk Analytics
VRSK
$25.1B
| $221M | 0.24% |
966,472
-36,434
| -4% | -$7.95M |
|
86
Caterpillar
CAT
$382B
| $220M | 0.23% |
1,065,272
+15,089
| +1% | +$3.04M |
|
87
Qualcomm
QCOM
$159B
| $219M | 0.23% |
1,200,165
-119,302
| -9% | -$19.1M |
|
|
MBT
88
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $209M | 0.22% |
26,341,609
-5,038,012
| -16% | -$43.9M |
|
89
Clarivate
CLVT
$1.24B
| $207M | 0.22% |
8,796,437
+5,712,315
| +185% | +$132M |
|
90
Banco Bradesco
BBD
$39.4B
| $203M | 0.22% |
65,158,599
-2,030,926
| -3% | -$6.72M |
|
91
Vertex Pharmaceuticals
VRTX
$119B
| $201M | 0.21% |
915,720
+749,784
| +452% | +$146M |
|
|
92
NorthWestern Energy
NWE
$4.24B
| $194M | 0.21% |
3,389,632
+3,389,600
| +10,592,500% | +$193M |
|
93
Ross Stores
ROST
$81.1B
| $193M | 0.21% |
1,689,981
-256,315
| -13% | -$28.7M |
|
94
Verizon
VZ
$198B
| $182M | 0.19% |
3,501,028
-401,234
| -10% | -$20.9M |
|
95
Vale
VALE
$62B
| $179M | 0.19% |
12,794,140
+11,535,429
| +916% | +$153M |
|
96
Tesla
TSLA
$1.27T
| $177M | 0.19% |
502,761
-105,822
| -17% | -$35.5M |
|
97
iShares Core S&P 500 ETF
IVV
$884B
| $177M | 0.19% |
370,198
+6,777
| +2% | +$3.12M |
|
98
Motorola Solutions
MSI
$72.6B
| $177M | 0.19% |
649,682
-32,737
| -5% | -$8.24M |
|
|
BRSL
99
Brightstar Lottery PLC
BRSL
$1.86B
| $173M | 0.18% |
5,986,714
+828,482
| +16% | +$23.5M |
|
100
McKesson
MCK
$96.8B
| $169M | 0.18% |
678,030
-100,246
| -13% | -$22M |
|
Similar funds
QCM
Lazard Asset Management's Q4 2021 Portfolio in Review
As of Q4 2021, Lazard Asset Management held 2,551 positions worth $94B, up 6% from $88.6B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Lazard Asset Management withdrew a net $10.2B in Q4 2021, closing 262 positions and reducing 692 holdings. Its most notable exit was Innospec, an estimated $21M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Lazard Asset Management opened a new position in Wells Fargo 7.5% Non Cumv Perp Conv worth $922K.
- Lazard Asset Management's largest Q4 2021 buy was Wells Fargo 7.5% Non Cumv Perp Conv: 61,920 shares worth $922K.
- Lazard Asset Management added most to Pinnacle West Capital in Q4 2021, an estimated $455M increase.
- Lazard Asset Management's biggest Q4 2021 reduction was JPMorgan Chase, cutting an estimated $545M.
- Lazard Asset Management fully exited Innospec in Q4 2021, selling an estimated $21M.
- Lazard Asset Management's ten largest holdings make up 22% of its $94B portfolio in Q4 2021.
- Lazard Asset Management opened 400 new positions and closed 262 in Q4 2021.
- Lazard Asset Management's portfolio value rose 6% quarter-over-quarter to $94B.
Based on Lazard Asset Management's 13F filing for Q4 2021, filed 9 Feb 2022.