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
+6.48%
1 Year Est. Return
+22.47%
3 Year Est. Return
+62.53%
5 Year Est. Return
+77.87%
10 Year Est. Return
+305.76%
AUM
$76.3B
AUM Growth
+$3.71B
(+5.1%)
Cap. Flow
-$8.32B
Cap. Flow
% of AUM
-10.91%
Top 10 Holdings %
Top 10 Hldgs %
21.64%
Holding
2,644
New
223
Increased
746
Reduced
756
Closed
309
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Norfolk Southern
NSC
|
+$315M |
| 2 |
UnitedHealth
UNH
|
+$251M |
| 3 |
Union Pacific
UNP
|
+$248M |
| 4 |
Chevron
CVX
|
+$165M |
| 5 |
CYBR
CyberArk
CYBR
|
+$161M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Analog Devices
ADI
|
+$252M |
| 2 |
Aon
AON
|
+$184M |
| 3 |
Meta Platforms (Facebook)
META
|
+$160M |
| 4 |
PNC Financial Services
PNC
|
+$156M |
| 5 |
PayPal
PYPL
|
+$127M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.85% |
| 2 | Healthcare | 13.57% |
| 3 | Financials | 12.91% |
| 4 | Industrials | 11.58% |
| 5 | Consumer Discretionary | 8.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
976
Quest Diagnostics
DGX
$26.3B
| $320K | ﹤0.01% |
2,274
+19
| +0.8% | +$2.72K |
|
977
Enterprise Products Partners
EPD
$81.7B
| $319K | ﹤0.01% |
12,317
| – | – |
|
978
American Homes 4 Rent
AMH
$12.5B
| $318K | ﹤0.01% |
10,161
-8,752
| -46% | -$279K |
|
979
SAP
SAP
$238B
| $316K | ﹤0.01% |
2,500
+1,990
| +390% | +$233K |
|
980
Equity Residential
EQR
$25.1B
| $315K | ﹤0.01% |
5,269
+4,486
| +573% | +$275K |
|
981
KKR & Co
KKR
$92.3B
| $315K | ﹤0.01% |
6,009
-22
| -0.4% | -$1.18K |
|
982
Boston Properties
BXP
$11.1B
| $312K | ﹤0.01% |
5,783
+5,773
| +57,730% | +$377K |
|
983
ING
ING
$102B
| $311K | ﹤0.01% |
+26,250
| New | +$348K |
|
984
Preformed Line Products
PLPC
$2.28B
| $309K | ﹤0.01% |
2,419
+133
| +6% | +$13.2K |
|
985
Spotify
SPOT
$100B
| $309K | ﹤0.01% |
+2,320
| New | +$266K |
|
986
Raymond James Financial
RJF
$34B
| $304K | ﹤0.01% |
3,262
+23
| +0.7% | +$2.44K |
|
987
Okta
OKTA
$25.8B
| $297K | ﹤0.01% |
3,445
+1,148
| +50% | +$87.4K |
|
988
DigitalOcean
DOCN
$14.6B
| $296K | ﹤0.01% |
7,582
+5,802
| +326% | +$183K |
|
989
Digi International
DGII
$3.1B
| $292K | ﹤0.01% |
8,699
+756
| +10% | +$25.8K |
|
990
WEC Energy
WEC
$35.1B
| $290K | ﹤0.01% |
3,065
-25,919
| -89% | -$2.4M |
|
991
Modine Manufacturing
MOD
$10.4B
| $289K | ﹤0.01% |
12,572
+300
| +2% | +$6.92K |
|
992
AXIS Capital
AXS
$7.55B
| $287K | ﹤0.01% |
+5,277
| New | +$307K |
|
993
Ennis
EBF
$564M
| $287K | ﹤0.01% |
13,629
+414
| +3% | +$8.85K |
|
994
Eversource Energy
ES
$27.2B
| $287K | ﹤0.01% |
3,678
-14
| -0.4% | -$1.11K |
|
995
WEX
WEX
$6.31B
| $287K | ﹤0.01% |
1,561
+595
| +62% | +$108K |
|
996
Royal Bank of Canada
RY
$293B
| $286K | ﹤0.01% |
3,000
| – | – |
|
|
VTYX
997
DELISTED
Ventyx Biosciences
VTYX
| $285K | ﹤0.01% |
+8,522
| New | +$331K |
|
998
PDF Solutions
PDFS
$2.07B
| $284K | ﹤0.01% |
6,705
| – | – |
|
999
Vanguard Morningstar Value ETF
VTV
$191B
| $283K | ﹤0.01% |
2,050
-142
| -6% | -$19.9K |
|
1000
Citizens Financial Group
CFG
$30.6B
| $281K | ﹤0.01% |
9,276
-65,025
| -88% | -$2.55M |
|
Similar funds
QCM
Lazard Asset Management's Q1 2023 Portfolio in Review
As of Q1 2023, Lazard Asset Management held 2,644 positions worth $76.3B, up 5.1% from $72.6B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Lazard Asset Management withdrew a net $8.32B in Q1 2023, closing 309 positions and reducing 756 holdings. Its most notable exit was Linde, an estimated $56.6M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 17% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Lazard Asset Management opened a new position in Fomento Económico Mexicano worth $11.2M.
- Lazard Asset Management's largest Q1 2023 buy was Fomento Económico Mexicano: 117,338 shares worth $11.2M.
- Lazard Asset Management added most to Norfolk Southern in Q1 2023, an estimated $315M increase.
- Lazard Asset Management's biggest Q1 2023 reduction was Analog Devices, cutting an estimated $252M.
- Lazard Asset Management fully exited Linde in Q1 2023, selling an estimated $56.6M.
- Lazard Asset Management's ten largest holdings make up 22% of its $76.3B portfolio in Q1 2023.
- Lazard Asset Management opened 223 new positions and closed 309 in Q1 2023.
- Lazard Asset Management's portfolio value rose 5.1% quarter-over-quarter to $76.3B.
Based on Lazard Asset Management's 13F filing for Q1 2023, filed 15 May 2023.