We are live on ! Find out more
Lazard Asset Management

Lazard Asset Management Portfolio holdings

AUM $60.8B
1-Year Est. Return 22.47%
This Fund
S&P 500
This Quarter Est. Return
+8.56%
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
$82.3B
AUM Growth
+$3.23B
Cap. Flow
-$7.73B
Cap. Flow %
-9.4%
Top 10 Hldgs %
24.03%
Holding
2,474
New
201
Increased
562
Reduced
953
Closed
424

Top Buys

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$983M
2
EXC icon
Exelon
EXC
+$595M
3
AVGO icon
Broadcom
AVGO
+$486M
4
CRH icon
CRH
CRH
+$387M
5
MRVL icon
Marvell Technology
MRVL
+$274M

Top Sells

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$795M
2
NSC icon
Norfolk Southern
NSC
+$559M
3
PPL
PPL Corp
PPL
+$355M
4
UNP icon
Union Pacific
UNP
+$328M
5
CSCO icon
Cisco
CSCO
+$283M

Sector Composition

Rank Sector Weight
1 Technology 23.45%
2 Financials 14.25%
3 Healthcare 13.09%
4 Industrials 10.08%
5 Consumer Discretionary 9.39%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NXPI icon
101
NXP Semiconductors
NXPI
$59.3B
$174M 0.21%
700,427
-224,495
-24% -$51.8M
VRSK icon
102
Verisk Analytics
VRSK
$25.1B
$170M 0.21%
721,752
-59,282
-8% -$14.2M
MU icon
103
Micron Technology
MU
$1.01T
$168M 0.2%
1,425,517
+62,851
+5% +$5.69M
ETN icon
104
Eaton
ETN
$171B
$167M 0.2%
534,280
-137,003
-20% -$37.5M
PSA icon
105
Public Storage
PSA
$60.6B
$166M 0.2%
573,618
-51,336
-8% -$14.7M
TRMB icon
106
Trimble
TRMB
$13.7B
$164M 0.2%
2,549,535
+516,789
+25% +$29.4M
CSCO icon
107
Cisco
CSCO
$473B
$162M 0.2%
3,247,756
-5,680,897
-64% -$283M
CTSH icon
108
Cognizant
CTSH
$24.6B
$161M 0.2%
2,192,627
-420,411
-16% -$32.1M
HSIC icon
109
Henry Schein
HSIC
$10.1B
$161M 0.2%
2,127,480
-187,697
-8% -$14.1M
JD icon
110
JD.com
JD
$44.3B
$159M 0.19%
5,821,934
+1,368,356
+31% +$33.5M
NVO
111
Novo Nordisk
NVO
$209B
$159M 0.19%
1,237,886
-221,308
-15% -$26.3M
MRK icon
112
Merck
MRK
$315B
$156M 0.19%
1,182,391
+15,779
+1% +$1.94M
INTU icon
113
Intuit
INTU
$87.5B
$154M 0.19%
236,939
-11,992
-5% -$7.65M
VRSN icon
114
VeriSign
VRSN
$26.9B
$150M 0.18%
793,507
+49,967
+7% +$9.82M
VALE icon
115
Vale
VALE
$63.3B
$150M 0.18%
12,269,261
+485,702
+4% +$6.56M
KMB icon
116
Kimberly-Clark
KMB
$36B
$149M 0.18%
1,154,099
-19,003
-2% -$2.33M
HUM icon
117
Humana
HUM
$43.9B
$141M 0.17%
406,993
+30,778
+8% +$11.7M
BP icon
118
BP
BP
$109B
$133M 0.16%
3,540,607
-46,320
-1% -$1.66M
TX icon
119
Ternium
TX
$10B
$133M 0.16%
3,196,107
+56,379
+2% +$2.23M
LYV icon
120
Live Nation Entertainment
LYV
$42.8B
$133M 0.16%
1,256,609
-99,283
-7% -$9.39M
XRAY icon
121
Dentsply Sirona
XRAY
$2.83B
$126M 0.15%
3,782,584
-171,860
-4% -$5.87M
BAH icon
122
Booz Allen Hamilton
BAH
$8.68B
$125M 0.15%
844,469
-43,204
-5% -$6.08M
PEP icon
123
PepsiCo
PEP
$189B
$124M 0.15%
706,643
-353,407
-33% -$59.5M
MAS icon
124
Masco
MAS
$15B
$121M 0.15%
1,538,952
+551,203
+56% +$39.7M
LKQ icon
125
LKQ Corp
LKQ
$6B
$119M 0.14%
2,227,742
-175,804
-7% -$8.72M
3 4
5
6 7

Similar funds

Brown Advisory
Brown Advisory Baltimore, Maryland $60.9B AUM 15.24% 1-Year Est. Return
DekaBank Deutsche Girozentrale
DekaBank Deutsche Girozentrale Frankfurt, Germany $60.6B AUM 23.27% 1-Year Est. Return
CIBC World Market
CIBC World Market Toronto, Ontario, Canada $61.3B AUM 39.33% 1-Year Est. Return
Federated Hermes
Federated Hermes Pittsburgh, Pennsylvania $61.5B AUM 30.7% 1-Year Est. Return
QCM
Quantinno Capital Management New York $59.9B AUM 28.07% 1-Year Est. Return
Allspring Global Investments
Allspring Global Investments Charlotte, North Carolina $59.7B AUM 29.08% 1-Year Est. Return
Aviva
Aviva London, United Kingdom $59.6B AUM 28.44% 1-Year Est. Return
Mitsubishi UFJ Financial Group
Mitsubishi UFJ Financial Group Tokyo, Japan $62.1B AUM 41.06% 1-Year Est. Return

Lazard Asset Management's Q1 2024 Portfolio in Review

As of Q1 2024, Lazard Asset Management held 2,474 positions worth $82.3B, up 4.1% from $79B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Lazard Asset Management withdrew a net $7.73B in Q1 2024, closing 424 positions and reducing 953 holdings. Its most notable exit was PPL Corp, an estimated $355M position sold in full.

By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 21% a quarter earlier, followed by Financials and Healthcare.

Against the trend, Lazard Asset Management opened a new position in GMO US Quality ETF worth $10.8M.

  • Lazard Asset Management's largest Q1 2024 buy was GMO US Quality ETF: 362,290 shares worth $10.8M.
  • Lazard Asset Management added most to Apple in Q1 2024, an estimated $983M increase.
  • Lazard Asset Management's biggest Q1 2024 reduction was Alphabet (Google) Class A, cutting an estimated $795M.
  • Lazard Asset Management fully exited PPL Corp in Q1 2024, selling an estimated $355M.
  • Lazard Asset Management's ten largest holdings make up 24% of its $82.3B portfolio in Q1 2024.
  • Lazard Asset Management opened 201 new positions and closed 424 in Q1 2024.
  • Lazard Asset Management's portfolio value rose 4.1% quarter-over-quarter to $82.3B.

Based on Lazard Asset Management's 13F filing for Q1 2024, filed 14 May 2024.