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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
+6.48%
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
$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 | |
|---|---|---|---|---|---|---|
101
Autodesk
ADSK
$49.9B
| $145M | 0.19% |
698,374
+105,274
| +18% | +$21.7M |
|
102
Omnicom Group
OMC
$22.2B
| $144M | 0.19% |
1,528,813
-706,335
| -32% | -$62.6M |
|
103
Microchip Technology
MCHP
$43.7B
| $143M | 0.19% |
1,712,459
+352,691
| +26% | +$28.1M |
|
104
Vale
VALE
$63B
| $143M | 0.19% |
9,050,693
-3,143,072
| -26% | -$53.2M |
|
105
Mastercard
MA
$501B
| $140M | 0.18% |
384,940
-8,781
| -2% | -$3.19M |
|
106
Deere & Co
DE
$167B
| $138M | 0.18% |
334,284
-162,585
| -33% | -$67.3M |
|
107
Sociedad Química y Minera de Chile
SQM
$19.5B
| $138M | 0.18% |
1,698,934
+1,243,558
| +273% | +$107M |
|
108
iShares Core S&P 500 ETF
IVV
$901B
| $135M | 0.18% |
327,564
-8,232
| -2% | -$3.3M |
|
109
IPG Photonics
IPGP
$4B
| $134M | 0.18% |
1,086,732
-17,025
| -2% | -$1.97M |
|
110
Ternium
TX
$9.87B
| $130M | 0.17% |
3,151,463
-530,243
| -14% | -$20.8M |
|
111
Coca-Cola Europacific Partners
CCEP
$46.8B
| $130M | 0.17% |
2,189,920
+913,659
| +72% | +$51.1M |
|
112
Eli Lilly
LLY
$993B
| $129M | 0.17% |
374,201
+9,153
| +3% | +$3.09M |
|
113
NXP Semiconductors
NXPI
$59.6B
| $125M | 0.16% |
671,511
-5,498
| -0.8% | -$980K |
|
114
Pediatrix Medical
MD
$2.08B
| $121M | 0.16% |
8,136,116
+1,148,296
| +16% | +$17.4M |
|
115
Qualcomm
QCOM
$170B
| $117M | 0.15% |
916,426
-80,046
| -8% | -$9.95M |
|
116
Eaton
ETN
$172B
| $117M | 0.15% |
680,601
+8,584
| +1% | +$1.43M |
|
117
W.W. Grainger
GWW
$61.6B
| $113M | 0.15% |
163,612
-419
| -0.3% | -$267K |
|
|
PXD
118
DELISTED
Pioneer Natural Resource Co.
PXD
| $112M | 0.15% |
549,157
+422,811
| +335% | +$90.9M |
|
119
Infosys
INFY
$50.1B
| $109M | 0.14% |
6,237,706
+1,347,215
| +28% | +$24.5M |
|
|
ANSS
120
DELISTED
Ansys
ANSS
| $108M | 0.14% |
323,033
-2,242
| -0.7% | -$632K |
|
|
ABB
121
DELISTED
ABB Ltd
ABB
| $107M | 0.14% |
3,107,826
-58,884
| -2% | -$1.97M |
|
122
HSBC
HSBC
$365B
| $104M | 0.14% |
3,057,775
+1,441,822
| +89% | +$51.7M |
|
123
Gilead Sciences
GILD
$164B
| $99.5M | 0.13% |
1,199,194
+354,971
| +42% | +$29.4M |
|
124
Tesla
TSLA
$1.29T
| $99.5M | 0.13% |
479,434
+47,266
| +11% | +$8.25M |
|
125
Autohome
ATHM
$2.63B
| $97.9M | 0.13% |
2,923,942
+2,191
| +0.1% | +$73.8K |
|
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.