We are live on
!
Find out more
Lazard Asset Management Portfolio holdings
AUM
$60.8B
1-Year Est. Return
22.47%
This Fund
S&P 500
This Quarter
Est. Return
+4.33%
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
$59B
AUM Growth
-$15.3B
(-21%)
Cap. Flow
-$17.5B
Cap. Flow
% of AUM
-29.66%
Top 10 Holdings %
Top 10 Hldgs %
23.25%
Holding
2,070
New
257
Increased
660
Reduced
658
Closed
198
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Crown Castle
CCI
|
+$593M |
| 2 |
American Tower
AMT
|
+$295M |
| 3 |
KLA
KLAC
|
+$242M |
| 4 |
Ingersoll Rand
IR
|
+$149M |
| 5 |
TotalEnergies
TTE
|
+$129M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.34B |
| 2 |
Apple
AAPL
|
+$1.27B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$1.04B |
| 4 |
Amazon
AMZN
|
+$999M |
| 5 |
Applied Materials
AMAT
|
+$612M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.74% |
| 2 | Financials | 12.95% |
| 3 | Industrials | 12.91% |
| 4 | Healthcare | 10.97% |
| 5 | Consumer Discretionary | 7.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
RELX
RELX
$63.8B
| $110M | 0.19% |
2,711,935
-149,452
| -5% | -$6.38M |
|
127
H&R Block
HRB
$5.75B
| $109M | 0.18% |
2,492,030
-721,147
| -22% | -$33.7M |
|
128
3M
MMM
$92.5B
| $106M | 0.18% |
661,282
+570,968
| +632% | +$93.4M |
|
129
Agilent Technologies
A
$39.2B
| $105M | 0.18% |
772,352
+71,621
| +10% | +$10.3M |
|
130
Banco Santander
SAN
$207B
| $104M | 0.18% |
8,883,083
-328,590
| -4% | -$3.49M |
|
131
TE Connectivity
TEL
$61.6B
| $103M | 0.17% |
452,066
+38,513
| +9% | +$8.91M |
|
132
Nice
NICE
$5.96B
| $101M | 0.17% |
897,445
+217,673
| +32% | +$26.3M |
|
133
Lam Research
LRCX
$393B
| $101M | 0.17% |
592,462
+340,432
| +135% | +$52.9M |
|
134
Emerson Electric
EMR
$86.2B
| $101M | 0.17% |
759,419
-7,874
| -1% | -$1.04M |
|
135
Dentsply Sirona
XRAY
$2.84B
| $99.8M | 0.17% |
8,733,942
-1,466,583
| -14% | -$17.2M |
|
136
Xylem
XYL
$28.4B
| $98.7M | 0.17% |
724,762
+130,589
| +22% | +$18.8M |
|
137
Uber
UBER
$146B
| $98.6M | 0.17% |
1,206,280
+27,726
| +2% | +$2.5M |
|
138
JPMorgan Chase
JPM
$959B
| $98.2M | 0.17% |
304,811
-3,262
| -1% | -$1.01M |
|
139
American Express
AXP
$235B
| $96.5M | 0.16% |
260,712
-859,393
| -77% | -$308M |
|
140
GMO US Quality ETF
QLTY
$4.96B
| $96.2M | 0.16% |
2,501,269
+986,402
| +65% | +$37.1M |
|
141
Mondelez International
MDLZ
$78.6B
| $95.7M | 0.16% |
1,777,291
-2,488,198
| -58% | -$143M |
|
142
Veralto
VLTO
$23.4B
| $95.5M | 0.16% |
956,972
+389,259
| +69% | +$39.4M |
|
143
Global Payments
GPN
$23.6B
| $93.6M | 0.16% |
1,209,742
+68,073
| +6% | +$5.48M |
|
144
Ameren
AEE
$30.3B
| $93.1M | 0.16% |
932,017
+916,865
| +6,051% | +$94M |
|
145
Motorola Solutions
MSI
$73.8B
| $91.8M | 0.16% |
239,378
-41,804
| -15% | -$16.8M |
|
146
Deere & Co
DE
$167B
| $91.6M | 0.16% |
196,792
-192,530
| -49% | -$90.4M |
|
147
Costco
COST
$419B
| $91.5M | 0.16% |
106,070
-13,454
| -11% | -$12.2M |
|
148
Vertex Pharmaceuticals
VRTX
$122B
| $90.2M | 0.15% |
198,950
-345,873
| -63% | -$149M |
|
149
Kenvue
KVUE
$37B
| $89.9M | 0.15% |
5,211,285
-3,009,974
| -37% | -$49.2M |
|
150
Shinhan Financial Group
SHG
$33.8B
| $89.6M | 0.15% |
1,671,184
+94,449
| +6% | +$4.98M |
|
Similar funds
QCM
Lazard Asset Management's Q4 2025 Portfolio in Review
As of Q4 2025, Lazard Asset Management held 2,070 positions worth $59B, down 21% from $74.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Lazard Asset Management withdrew a net $17.5B in Q4 2025, closing 198 positions and reducing 658 holdings. Its most notable exit was Henry Schein, an estimated $30.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 30% a quarter earlier, followed by Financials and Industrials.
Against the trend, Lazard Asset Management opened a new position in Ingersoll Rand worth $149M.
- Lazard Asset Management's largest Q4 2025 buy was Ingersoll Rand: 1,884,586 shares worth $149M.
- Lazard Asset Management added most to Crown Castle in Q4 2025, an estimated $593M increase.
- Lazard Asset Management's biggest Q4 2025 reduction was Microsoft, cutting an estimated $1.34B.
- Lazard Asset Management fully exited Henry Schein in Q4 2025, selling an estimated $30.7M.
- Lazard Asset Management's ten largest holdings make up 23% of its $59B portfolio in Q4 2025.
- Lazard Asset Management opened 257 new positions and closed 198 in Q4 2025.
- Lazard Asset Management's portfolio value fell 21% quarter-over-quarter to $59B.
Based on Lazard Asset Management's 13F filing for Q4 2025, filed 17 Feb 2026.