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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 | |
|---|---|---|---|---|---|---|
101
Qualcomm
QCOM
$160B
| $136M | 0.22% |
1,784,477
+238,268
| +15% | +$17.9M |
|
102
Palo Alto Networks
PANW
$265B
| $132M | 0.22% |
3,886,542
-1,949,544
| -33% | -$69M |
|
103
Comcast
CMCSA
$84B
| $131M | 0.21% |
2,897,113
+87,658
| +3% | +$3.88M |
|
104
iShares Core S&P 500 ETF
IVV
$872B
| $128M | 0.21% |
430,401
-5,517
| -1% | -$1.64M |
|
105
Suncor Energy
SU
$78.8B
| $119M | 0.2% |
3,782,841
-27,167
| -0.7% | -$817K |
|
106
Intuit
INTU
$86.3B
| $117M | 0.19% |
439,770
+44,748
| +11% | +$12.3M |
|
107
Merck
MRK
$321B
| $114M | 0.19% |
1,413,820
-51,913
| -4% | -$4.16M |
|
108
Estee Lauder
EL
$30.7B
| $113M | 0.19% |
570,296
-784
| -0.1% | -$150K |
|
109
eBay
EBAY
$50.4B
| $112M | 0.18% |
2,881,442
-3,112,948
| -52% | -$125M |
|
110
Autodesk
ADSK
$49.6B
| $112M | 0.18% |
754,931
-34,424
| -4% | -$5.36M |
|
111
Starbucks
SBUX
$121B
| $111M | 0.18% |
1,260,353
-132,592
| -10% | -$12.3M |
|
|
ATVI
112
DELISTED
Activision Blizzard
ATVI
| $109M | 0.18% |
2,060,581
-242,452
| -11% | -$12.1M |
|
|
ABB
113
DELISTED
ABB Ltd
ABB
| $105M | 0.17% |
5,351,798
+5,042,792
| +1,632% | +$96.2M |
|
114
Oracle
ORCL
$367B
| $103M | 0.17% |
1,876,296
+263,939
| +16% | +$14.6M |
|
|
BRSL
115
Brightstar Lottery PLC
BRSL
$1.87B
| $103M | 0.17% |
7,251,926
+1,196,718
| +20% | +$15.9M |
|
116
Sumitomo Mitsui Financial
SMFG
$164B
| $102M | 0.17% |
14,883,469
-167,838
| -1% | -$1.15M |
|
117
Waste Management
WM
$90.9B
| $101M | 0.17% |
882,404
+130,159
| +17% | +$15.2M |
|
118
Brunswick
BC
$5.18B
| $100M | 0.16% |
1,918,863
+1,905,311
| +14,059% | +$91M |
|
119
Simon Property Group
SPG
$74.7B
| $99.7M | 0.16% |
640,354
+42,120
| +7% | +$6.55M |
|
120
Banco Bradesco
BBD
$37.9B
| $98.7M | 0.16% |
16,131,580
+1,338,950
| +9% | +$8.86M |
|
121
Tapestry
TPR
$30.8B
| $96.6M | 0.16% |
3,706,917
+1,719,972
| +87% | +$45.3M |
|
122
TJX Companies
TJX
$176B
| $95.4M | 0.16% |
1,712,158
-405,505
| -19% | -$22.1M |
|
123
American Express
AXP
$228B
| $94.9M | 0.16% |
802,167
+300,167
| +60% | +$36.8M |
|
124
Canadian National Railway
CNI
$76.9B
| $93.9M | 0.15% |
1,045,257
-10,252
| -1% | -$947K |
|
125
Eli Lilly
LLY
$1.03T
| $92.7M | 0.15% |
828,623
-81,478
| -9% | -$9.07M |
|
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.