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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
+0.9%
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
$57.6B
AUM Growth
-$1.04B
(-1.8%)
Cap. Flow
-$1.85B
Cap. Flow
% of AUM
-3.21%
Top 10 Holdings %
Top 10 Hldgs %
22.21%
Holding
1,171
New
138
Increased
307
Reduced
341
Closed
146
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Analog Devices
ADI
|
+$493M |
| 2 |
Vulcan Materials
VMC
|
+$382M |
| 3 |
PG&E
PCG
|
+$309M |
| 4 |
Bank of America
BAC
|
+$302M |
| 5 |
Wells Fargo
WFC
|
+$225M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AT&T
T
|
+$681M |
| 2 |
Citigroup
C
|
+$519M |
| 3 |
Intel
INTC
|
+$350M |
| 4 |
Baidu
BIDU
|
+$239M |
| 5 |
Motorola Solutions
MSI
|
+$206M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.02% |
| 2 | Healthcare | 12.22% |
| 3 | Financials | 11.71% |
| 4 | Industrials | 11.26% |
| 5 | Communication Services | 11.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
UnitedHealth
UNH
$389B
| $90M | 0.16% |
366,895
-74,448
| -17% | -$17.9M |
|
127
Madison Square Garden
MSGS
$9.58B
| $88.7M | 0.15% |
400,781
-630
| -0.2% | -$116K |
|
128
iShares Core S&P 500 ETF
IVV
$871B
| $86.8M | 0.15% |
317,900
+11,072
| +4% | +$3.01M |
|
129
Verizon
VZ
$201B
| $82.2M | 0.14% |
1,633,805
+548,803
| +51% | +$26.6M |
|
130
TJX Companies
TJX
$178B
| $80.7M | 0.14% |
1,695,866
+154,804
| +10% | +$6.8M |
|
|
CEO
131
DELISTED
CNOOC Limited
CEO
| $79.4M | 0.14% |
463,826
+75,810
| +20% | +$12.6M |
|
|
CAF
132
Morgan Stanley China A Share Fund
CAF
$329M
| $79.3M | 0.14% |
3,436,050
-222,823
| -6% | -$5.66M |
|
133
Adobe
ADBE
$99B
| $79M | 0.14% |
324,022
+22,835
| +8% | +$5.4M |
|
134
Texas Instruments
TXN
$253B
| $77.9M | 0.14% |
706,956
+350,802
| +98% | +$38M |
|
135
Microchip Technology
MCHP
$41.1B
| $76.8M | 0.13% |
1,688,340
+60,340
| +4% | +$2.8M |
|
136
Shinhan Financial Group
SHG
$32.8B
| $76.2M | 0.13% |
1,979,158
+20,064
| +1% | +$856K |
|
137
Sysco
SYY
$40.7B
| $73.9M | 0.13% |
1,082,438
+472,505
| +77% | +$30.2M |
|
138
Omnicom Group
OMC
$24.6B
| $71.5M | 0.12% |
937,272
+51,123
| +6% | +$3.78M |
|
139
Trimble
TRMB
$13.6B
| $70.8M | 0.12% |
+2,156,900
| New | +$74.8M |
|
140
Copart
CPRT
$28.4B
| $70.8M | 0.12% |
5,007,344
+307,492
| +7% | +$4.17M |
|
141
American Express
AXP
$227B
| $70.6M | 0.12% |
720,178
+233,536
| +48% | +$22.9M |
|
142
Gilead Sciences
GILD
$167B
| $70.1M | 0.12% |
989,405
+15,846
| +2% | +$1.12M |
|
143
Estee Lauder
EL
$30.7B
| $69.8M | 0.12% |
489,449
+184,623
| +61% | +$27.3M |
|
144
Equinor
EQNR
$90.9B
| $68.8M | 0.12% |
2,603,361
-1,166,592
| -31% | -$30.3M |
|
|
WBT
145
DELISTED
Welbilt, Inc.
WBT
| $67.6M | 0.12% |
3,032,177
+517,979
| +21% | +$10.4M |
|
|
TDF
146
Templeton Dragon Fund
TDF
$266M
| $67.2M | 0.12% |
3,154,300
-78,031
| -2% | -$1.73M |
|
147
Banco Bradesco
BBD
$38.3B
| $65.2M | 0.11% |
15,191,554
+1,949,421
| +15% | +$10.6M |
|
148
Sony
SONY
$133B
| $65.2M | 0.11% |
6,362,720
+152,340
| +2% | +$1.48M |
|
|
IFN
149
Aberdeen India Fund
IFN
$496M
| $64.2M | 0.11% |
2,643,719
-58,579
| -2% | -$1.45M |
|
150
Waste Management
WM
$96.1B
| $63M | 0.11% |
774,988
-120,679
| -13% | -$9.99M |
|
Similar funds
QCM
Lazard Asset Management's Q2 2018 Portfolio in Review
As of Q2 2018, Lazard Asset Management held 1,171 positions worth $57.6B, down 1.8% from $58.6B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Lazard Asset Management withdrew a net $1.85B in Q2 2018, closing 146 positions and reducing 341 holdings. Its most notable exit was United Parcel Service, an estimated $121M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 18% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Lazard Asset Management opened a new position in Trimble worth $70.8M.
- Lazard Asset Management's largest Q2 2018 buy was Trimble: 2,156,900 shares worth $70.8M.
- Lazard Asset Management added most to Analog Devices in Q2 2018, an estimated $493M increase.
- Lazard Asset Management's biggest Q2 2018 reduction was AT&T, cutting an estimated $681M.
- Lazard Asset Management fully exited United Parcel Service in Q2 2018, selling an estimated $121M.
- Lazard Asset Management's ten largest holdings make up 22% of its $57.6B portfolio in Q2 2018.
- Lazard Asset Management opened 138 new positions and closed 146 in Q2 2018.
- Lazard Asset Management's portfolio value fell 1.8% quarter-over-quarter to $57.6B.
Based on Lazard Asset Management's 13F filing for Q2 2018, filed 13 Aug 2018.