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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 | |
|---|---|---|---|---|---|---|
126
Suncor Energy
SU
$74.6B
| $96.1M | 0.13% |
3,095,017
-73,325
| -2% | -$2.38M |
|
127
O'Reilly Automotive
ORLY
$75.6B
| $92M | 0.12% |
1,626,105
-59,715
| -4% | -$3.27M |
|
|
AZPN
128
DELISTED
Aspen Technology Inc
AZPN
| $90.9M | 0.12% |
397,164
-6,218
| -2% | -$1.29M |
|
129
Stevanato
STVN
$5.44B
| $89.2M | 0.12% |
3,442,280
-1,021,712
| -23% | -$21.9M |
|
130
Texas Instruments
TXN
$254B
| $88.9M | 0.12% |
477,699
-28,083
| -6% | -$4.94M |
|
131
Parker-Hannifin
PH
$126B
| $86.5M | 0.11% |
257,310
-96,664
| -27% | -$32M |
|
132
Zebra Technologies
ZBRA
$17.4B
| $85.7M | 0.11% |
269,612
-4,222
| -2% | -$1.28M |
|
133
Pfizer
PFE
$145B
| $85.3M | 0.11% |
2,090,500
+209,515
| +11% | +$9.05M |
|
134
Trimble
TRMB
$13.7B
| $83.1M | 0.11% |
1,584,375
-21,021
| -1% | -$1.12M |
|
135
Abbott
ABT
$181B
| $82.9M | 0.11% |
819,052
-102,542
| -11% | -$10.8M |
|
136
Intuit
INTU
$88.4B
| $79.5M | 0.1% |
178,255
-6,518
| -4% | -$2.68M |
|
137
Motorola Solutions
MSI
$73B
| $77.8M | 0.1% |
271,843
-147,340
| -35% | -$38.9M |
|
|
SCHW
138
Charles Schwab
SCHW
$187B
| $75.7M | 0.1% |
1,444,556
+273,879
| +23% | +$20.1M |
|
139
DaVita
DVA
$11.9B
| $74.8M | 0.1% |
922,242
+65,155
| +8% | +$5.22M |
|
140
Booz Allen Hamilton
BAH
$8.67B
| $74.7M | 0.1% |
806,062
+19,719
| +3% | +$1.87M |
|
141
Paychex
PAYX
$41.5B
| $74.3M | 0.1% |
648,351
-51,229
| -7% | -$5.83M |
|
142
Yum China
YUMC
$16.3B
| $72.6M | 0.1% |
1,144,692
-236,122
| -17% | -$14.3M |
|
143
Colgate-Palmolive
CL
$73.6B
| $72.1M | 0.09% |
959,173
-62,274
| -6% | -$4.63M |
|
144
Broadcom
AVGO
$2T
| $72M | 0.09% |
1,121,630
-127,430
| -10% | -$7.67M |
|
145
Berkshire Hathaway Class B
BRK.B
$1.11T
| $71.5M | 0.09% |
231,549
-8,890
| -4% | -$2.74M |
|
146
Dentsply Sirona
XRAY
$2.78B
| $71.5M | 0.09% |
1,819,369
-1,173,488
| -39% | -$43.1M |
|
147
AT&T
T
$157B
| $71.2M | 0.09% |
3,700,736
-1,641,996
| -31% | -$31.4M |
|
148
Charter Communications
CHTR
$17.9B
| $66.7M | 0.09% |
186,655
+37,630
| +25% | +$14.1M |
|
149
Bristol-Myers Squibb
BMY
$130B
| $65.1M | 0.09% |
939,797
-11,117
| -1% | -$784K |
|
150
Palo Alto Networks
PANW
$298B
| $64.9M | 0.09% |
650,022
+289,878
| +80% | +$24.6M |
|
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.