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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
-9.03%
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
$41.8B
AUM Growth
-$5.88B
(-12%)
Cap. Flow
-$1.39B
Cap. Flow
% of AUM
-3.33%
Top 10 Holdings %
Top 10 Hldgs %
20.95%
Holding
1,239
New
122
Increased
360
Reduced
365
Closed
160
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$331M |
| 2 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$315M |
| 3 |
MNK
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
|
+$310M |
| 4 |
America Movil
AMX
|
+$263M |
| 5 |
Aon
AON
|
+$213M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Xerox
XRX
|
+$467M |
| 2 |
Baxter International
BAX
|
+$455M |
| 3 |
Teva Pharmaceuticals
TEVA
|
+$309M |
| 4 |
CMA
Comerica
CMA
|
+$247M |
| 5 |
Viatris
VTRS
|
+$231M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 14.91% |
| 2 | Technology | 13.9% |
| 3 | Healthcare | 13.87% |
| 4 | Financials | 13.53% |
| 5 | Industrials | 9.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
CEMIG Preferred Shares
CIG
$6.12B
| $107M | 0.26% |
118,300,034
-4,962,151
| -4% | -$6.45M |
|
|
JCP
102
DELISTED
J.C. Penney Company, Inc.
JCP
| $107M | 0.26% |
11,478,551
+78,267
| +0.7% | +$693K |
|
103
AutoZone
AZO
$51.4B
| $106M | 0.25% |
146,872
+19,336
| +15% | +$13.7M |
|
|
MJN
104
DELISTED
Mead Johnson Nutrition Company
MJN
| $106M | 0.25% |
1,504,634
-101,694
| -6% | -$8.37M |
|
105
Teradyne
TER
$51.3B
| $105M | 0.25% |
5,834,803
-3,041,588
| -34% | -$56.1M |
|
106
Wells Fargo
WFC
$254B
| $103M | 0.25% |
2,010,979
-234,621
| -10% | -$12.9M |
|
107
Sumitomo Mitsui Financial
SMFG
$159B
| $101M | 0.24% |
13,223,429
+275,315
| +2% | +$2.31M |
|
|
RAI
108
DELISTED
Reynolds American Inc
RAI
| $97.8M | 0.23% |
2,208,690
+193,252
| +10% | +$8.02M |
|
|
CAF
109
Morgan Stanley China A Share Fund
CAF
$326M
| $97.7M | 0.23% |
4,353,686
+355,834
| +9% | +$9.67M |
|
110
SPDR Gold Trust
GLD
$132B
| $95.2M | 0.23% |
891,308
-35,100
| -4% | -$3.78M |
|
|
AET
111
DELISTED
Aetna Inc
AET
| $94.9M | 0.23% |
867,500
+820,385
| +1,741% | +$94.8M |
|
112
Lloyds Banking Group
LYG
$85.3B
| $93.7M | 0.22% |
20,359,327
+433,431
| +2% | +$2.17M |
|
113
iShares Core S&P 500 ETF
IVV
$861B
| $91.8M | 0.22% |
476,434
+16,537
| +4% | +$3.38M |
|
|
DD
114
DELISTED
Du Pont De Nemours E I
DD
| $91.2M | 0.22% |
1,891,553
-346,955
| -15% | -$18.5M |
|
|
NLSN
115
DELISTED
Nielsen Holdings plc
NLSN
| $90.7M | 0.22% |
+2,039,153
| New | +$94.2M |
|
116
Unilever
UL
$142B
| $90.6M | 0.22% |
1,975,072
+261,073
| +15% | +$12.5M |
|
117
New Oriental
EDU
$9.28B
| $88.7M | 0.21% |
4,386,578
+1,814
| +0% | +$38.8K |
|
118
Occidental Petroleum
OXY
$55.6B
| $88.6M | 0.21% |
1,342,130
-128,825
| -9% | -$8.99M |
|
|
NBL
119
DELISTED
Noble Energy, Inc.
NBL
| $87.1M | 0.21% |
2,885,211
-286,854
| -9% | -$9.87M |
|
120
Eaton
ETN
$141B
| $86.4M | 0.21% |
1,683,981
+931,942
| +124% | +$55M |
|
|
121
Viatris
VTRS
$20.6B
| $86.3M | 0.21% |
2,143,051
-4,137,652
| -66% | -$231M |
|
|
TFCF
122
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $78.3M | 0.19% |
2,891,897
-13,200
| -0.5% | -$392K |
|
123
Bruker
BRKR
$9.31B
| $76.8M | 0.18% |
4,676,113
+268,350
| +6% | +$5.21M |
|
|
PXD
124
DELISTED
Pioneer Natural Resource Co.
PXD
| $74.8M | 0.18% |
614,593
-44,558
| -7% | -$5.55M |
|
125
J.M. Smucker
SJM
$13.5B
| $73.6M | 0.18% |
645,463
+2,723
| +0.4% | +$304K |
|
Similar funds
QCM
Lazard Asset Management's Q3 2015 Portfolio in Review
As of Q3 2015, Lazard Asset Management held 1,239 positions worth $41.8B, down 12% from $47.7B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Lazard Asset Management withdrew a net $1.39B in Q3 2015, closing 160 positions and reducing 365 holdings. Its most notable exit was ADT Corp, an estimated $51.8M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Lazard Asset Management opened a new position in BAXALTA INC COM STK (DE) worth $288M.
- Lazard Asset Management's largest Q3 2015 buy was BAXALTA INC COM STK (DE): 9,135,596 shares worth $288M.
- Lazard Asset Management added most to Bank of America in Q3 2015, an estimated $331M increase.
- Lazard Asset Management's biggest Q3 2015 reduction was Xerox, cutting an estimated $467M.
- Lazard Asset Management fully exited ADT Corp in Q3 2015, selling an estimated $51.8M.
- Lazard Asset Management's ten largest holdings make up 21% of its $41.8B portfolio in Q3 2015.
- Lazard Asset Management opened 122 new positions and closed 160 in Q3 2015.
- Lazard Asset Management's portfolio value fell 12% quarter-over-quarter to $41.8B.
Based on Lazard Asset Management's 13F filing for Q3 2015, filed 13 Nov 2015.