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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
+11.1%
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
$79B
AUM Growth
+$5.52B
(+7.5%)
Cap. Flow
-$7.01B
Cap. Flow
% of AUM
-8.87%
Top 10 Holdings %
Top 10 Hldgs %
24.46%
Holding
2,559
New
284
Increased
737
Reduced
832
Closed
260
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chubb
CB
|
+$555M |
| 2 |
American Electric Power
AEP
|
+$272M |
| 3 |
Ulta Beauty
ULTA
|
+$161M |
| 4 |
CVS Health
CVS
|
+$160M |
| 5 |
McDonald's
MCD
|
+$139M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$388M |
| 2 |
Aon
AON
|
+$211M |
| 3 |
Johnson & Johnson
JNJ
|
+$209M |
| 4 |
Norfolk Southern
NSC
|
+$162M |
| 5 |
Envista
NVST
|
+$149M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.99% |
| 2 | Financials | 14.12% |
| 3 | Healthcare | 13.38% |
| 4 | Industrials | 11.48% |
| 5 | Consumer Discretionary | 9.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1401
Urban Outfitters
URBN
$6.54B
| $123K | ﹤0.01% |
3,467
| – | – |
|
1402
Donnelley Financial Solutions
DFIN
$1.17B
| $122K | ﹤0.01% |
+1,970
| New | +$112K |
|
1403
Clearwater Paper
CLW
$375M
| $121K | ﹤0.01% |
+3,351
| New | +$120K |
|
1404
Caribou Biosciences
CRBU
$163M
| $121K | ﹤0.01% |
21,289
+16,637
| +358% | +$82.2K |
|
|
DRD
1405
DRDGold
DRD
$2.04B
| $121K | ﹤0.01% |
15,343
-5,953
| -28% | -$51.1K |
|
|
TDAY
1406
USA Today Co
TDAY
$1.08B
| $121K | ﹤0.01% |
52,760
-935
| -2% | -$2.08K |
|
|
SBR
1407
Sabine Royalty Trust
SBR
$1.05B
| $121K | ﹤0.01% |
1,796
+8
| +0.4% | +$506 |
|
1408
U-Haul Holding Co
UHAL
$14.6B
| $121K | ﹤0.01% |
1,697
+127
| +8% | +$7.2K |
|
1409
Chesapeake Utilities
CPK
$3.17B
| $120K | ﹤0.01% |
+1,145
| New | +$109K |
|
1410
FIVE9
FIVN
$2.57B
| $120K | ﹤0.01% |
1,537
-9,526
| -86% | -$663K |
|
1411
Sabra Healthcare REIT
SBRA
$5.39B
| $120K | ﹤0.01% |
8,475
+5,698
| +205% | +$80.9K |
|
|
CUTR
1412
DELISTED
Cutera, Inc.
CUTR
| $120K | ﹤0.01% |
34,265
-91,998
| -73% | -$280K |
|
|
AGR
1413
DELISTED
Avangrid, Inc.
AGR
| $120K | ﹤0.01% |
+3,722
| New | +$116K |
|
|
SRC
1414
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $120K | ﹤0.01% |
2,753
+940
| +52% | +$36.3K |
|
1415
Globant
GLOB
$1.6B
| $119K | ﹤0.01% |
506
| – | – |
|
|
AD
1416
Array Digital Infrastructure
AD
$3.03B
| $118K | ﹤0.01% |
2,883
-627
| -18% | -$26.6K |
|
1417
Bain Capital Specialty
BCSF
$851M
| $117K | ﹤0.01% |
7,829
+257
| +3% | +$3.91K |
|
1418
TC Energy
TRP
$66.2B
| $117K | ﹤0.01% |
3,000
| – | – |
|
1419
Cannae Holdings
CNNE
$651M
| $116K | ﹤0.01% |
5,951
| – | – |
|
1420
Sunstone Hotel Investors
SHO
$2.07B
| $116K | ﹤0.01% |
10,887
-12,507
| -53% | -$123K |
|
|
PFC
1421
DELISTED
Premier Financial Corp. Common Stock
PFC
| $116K | ﹤0.01% |
4,846
-2,673
| -36% | -$52.8K |
|
|
ACLX
1422
DELISTED
Arcellx
ACLX
| $115K | ﹤0.01% |
2,087
+1,534
| +277% | +$69.2K |
|
1423
Allegion
ALLE
$14.5B
| $115K | ﹤0.01% |
917
-18
| -2% | -$1.92K |
|
1424
Ameresco
AMRC
$1.37B
| $115K | ﹤0.01% |
3,639
+2,399
| +193% | +$72.3K |
|
1425
Ardelyx
ARDX
$996M
| $115K | ﹤0.01% |
18,683
+906
| +5% | +$4.06K |
|
Similar funds
QCM
Lazard Asset Management's Q4 2023 Portfolio in Review
As of Q4 2023, Lazard Asset Management held 2,559 positions worth $79B, up 7.5% from $73.5B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Lazard Asset Management withdrew a net $7.01B in Q4 2023, closing 260 positions and reducing 832 holdings. Its most notable exit was VMware, Inc, an estimated $34.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 20% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Lazard Asset Management opened a new position in Dentsply Sirona worth $141M.
- Lazard Asset Management's largest Q4 2023 buy was Dentsply Sirona: 3,954,444 shares worth $141M.
- Lazard Asset Management added most to Chubb in Q4 2023, an estimated $555M increase.
- Lazard Asset Management's biggest Q4 2023 reduction was Meta Platforms (Facebook), cutting an estimated $388M.
- Lazard Asset Management fully exited VMware, Inc in Q4 2023, selling an estimated $34.5M.
- Lazard Asset Management's ten largest holdings make up 24% of its $79B portfolio in Q4 2023.
- Lazard Asset Management opened 284 new positions and closed 260 in Q4 2023.
- Lazard Asset Management's portfolio value rose 7.5% quarter-over-quarter to $79B.
Based on Lazard Asset Management's 13F filing for Q4 2023, filed 14 Feb 2024.