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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
+6.46%
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
$81.2B
AUM Growth
+$4.94B
(+6.5%)
Cap. Flow
-$6.14B
Cap. Flow
% of AUM
-7.55%
Top 10 Holdings %
Top 10 Hldgs %
23.23%
Holding
2,627
New
307
Increased
786
Reduced
648
Closed
292
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Exelon
EXC
|
+$410M |
| 2 |
American Electric Power
AEP
|
+$309M |
| 3 |
UnitedHealth
UNH
|
+$239M |
| 4 |
Johnson & Johnson
JNJ
|
+$235M |
| 5 |
SCHW
Charles Schwab
SCHW
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dollar General
DG
|
+$330M |
| 2 |
Consolidated Edison
ED
|
+$330M |
| 3 |
PNC Financial Services
PNC
|
+$284M |
| 4 |
Salesforce
CRM
|
+$173M |
| 5 |
FISV
Fiserv Inc
FISV
|
+$173M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.56% |
| 2 | Healthcare | 13.87% |
| 3 | Financials | 13.3% |
| 4 | Industrials | 12.02% |
| 5 | Consumer Discretionary | 8.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Verisk Analytics
VRSK
$25.4B
| $252M | 0.31% |
1,113,478
-312,747
| -22% | -$65.7M |
|
77
Envista
NVST
$4.44B
| $250M | 0.31% |
7,384,273
-1,740,888
| -19% | -$61.4M |
|
78
BP
BP
$116B
| $245M | 0.3% |
6,943,100
+2,144,574
| +45% | +$79.4M |
|
|
CYBR
79
DELISTED
CyberArk
CYBR
| $244M | 0.3% |
1,557,966
+269,922
| +21% | +$38.6M |
|
80
VeriSign
VRSN
$26.2B
| $242M | 0.3% |
1,072,314
-264,728
| -20% | -$58.4M |
|
81
Commerce Bancshares
CBSH
$8.53B
| $240M | 0.3% |
5,702,840
-11,932
| -0.2% | -$529K |
|
82
ASE Group
ASX
$77.3B
| $240M | 0.29% |
30,745,187
+9,418,840
| +44% | +$72.4M |
|
83
Infosys
INFY
$48.7B
| $239M | 0.29% |
14,876,013
+8,638,307
| +138% | +$135M |
|
|
PXD
84
DELISTED
Pioneer Natural Resource Co.
PXD
| $234M | 0.29% |
1,131,165
+582,008
| +106% | +$123M |
|
85
Humana
HUM
$43.7B
| $233M | 0.29% |
522,065
-283,401
| -35% | -$143M |
|
86
Crown Castle
CCI
$33.3B
| $230M | 0.28% |
2,014,427
-154,094
| -7% | -$18.3M |
|
87
America Movil
AMX
$76.1B
| $227M | 0.28% |
10,488,612
+1,742,255
| +20% | +$37.8M |
|
88
eBay
EBAY
$50.6B
| $217M | 0.27% |
4,859,961
+845,610
| +21% | +$37.5M |
|
89
Goldman Sachs
GS
$300B
| $212M | 0.26% |
657,155
+135,317
| +26% | +$44.5M |
|
90
Electronic Arts
EA
$53B
| $212M | 0.26% |
1,633,368
-181,123
| -10% | -$22.9M |
|
91
H&R Block
HRB
$5.58B
| $211M | 0.26% |
6,622,014
+1,512,508
| +30% | +$48.9M |
|
92
Vulcan Materials
VMC
$34.8B
| $206M | 0.25% |
912,037
-272,861
| -23% | -$52.3M |
|
93
PepsiCo
PEP
$190B
| $201M | 0.25% |
1,086,534
+16,780
| +2% | +$3.13M |
|
94
PTC
PTC
$15.8B
| $197M | 0.24% |
1,386,864
+57,246
| +4% | +$7.58M |
|
|
BRSL
95
Brightstar Lottery PLC
BRSL
$1.84B
| $195M | 0.24% |
6,105,983
-1,031,225
| -14% | -$28.7M |
|
96
Vale
VALE
$64.1B
| $185M | 0.23% |
13,783,862
+4,733,169
| +52% | +$67M |
|
97
Coca-Cola Europacific Partners
CCEP
$48.3B
| $181M | 0.22% |
2,802,298
+612,378
| +28% | +$38.9M |
|
98
Vail Resorts
MTN
$5.32B
| $180M | 0.22% |
716,132
-129,212
| -15% | -$31.5M |
|
99
Sociedad Química y Minera de Chile
SQM
$19.2B
| $178M | 0.22% |
2,445,971
+747,037
| +44% | +$53.1M |
|
100
Dollar Tree
DLTR
$24.4B
| $178M | 0.22% |
1,237,355
-216,018
| -15% | -$31.8M |
|
Similar funds
QCM
Lazard Asset Management's Q2 2023 Portfolio in Review
As of Q2 2023, Lazard Asset Management held 2,627 positions worth $81.2B, up 6.5% from $76.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Lazard Asset Management withdrew a net $6.14B in Q2 2023, closing 292 positions and reducing 648 holdings. Its most notable exit was ABB Ltd, an estimated $107M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Lazard Asset Management opened a new position in Nice worth $14.7M.
- Lazard Asset Management's largest Q2 2023 buy was Nice: 71,266 shares worth $14.7M.
- Lazard Asset Management added most to Exelon in Q2 2023, an estimated $410M increase.
- Lazard Asset Management's biggest Q2 2023 reduction was Dollar General, cutting an estimated $330M.
- Lazard Asset Management fully exited ABB Ltd in Q2 2023, selling an estimated $107M.
- Lazard Asset Management's ten largest holdings make up 23% of its $81.2B portfolio in Q2 2023.
- Lazard Asset Management opened 307 new positions and closed 292 in Q2 2023.
- Lazard Asset Management's portfolio value rose 6.5% quarter-over-quarter to $81.2B.
Based on Lazard Asset Management's 13F filing for Q2 2023, filed 15 Aug 2023.