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
+7.32%
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
$74.3B
AUM Growth
+$1.61B
Cap. Flow
-$1.32B
Cap. Flow %
-1.78%
Top 10 Hldgs %
25.59%
Holding
2,417
New
206
Increased
783
Reduced
558
Closed
621

Top Buys

Rank Stock Value
1
FER icon
Ferrovial N.V. Ordinary Shares
FER
+$1.2B
2
AMT icon
American Tower
AMT
+$886M
3
CNI icon
Canadian National Railway
CNI
+$864M
4
ED icon
Consolidated Edison
ED
+$598M
5
LIN icon
Linde
LIN
+$452M

Top Sells

Rank Stock Value
1
NSC icon
Norfolk Southern
NSC
+$913M
2
AEP icon
American Electric Power
AEP
+$318M
3
WIX icon
WIX.com
WIX
+$217M
4
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$210M
5
AON icon
Aon
AON
+$203M

Sector Composition

Rank Sector Weight
1 Technology 29.74%
2 Industrials 14.13%
3 Financials 13.78%
4 Healthcare 10.58%
5 Consumer Discretionary 8.56%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SNAP icon
1626
Snap
SNAP
$9.01B
$725 ﹤0.01%
94
– –
BLK icon
1627
Blackrock
BLK
$176B
$172 ﹤0.01%
148
-74
-33% -$82.7K
BAC.PRL icon
1628
Bank of America Series L
BAC.PRL
$3.99B
– –
-4,503
Closed -$5.59M
BA.PRA
1629
Boeing Co 6.00% Series A Preferred Stock
BA.PRA
$8.27B
– –
-6,368
Closed -$459K
VFH icon
1630
Vanguard Financials ETF
VFH
$13.6B
$78 ﹤0.01%
598
– –
MAR icon
1631
Marriott International
MAR
$92.3B
$66 ﹤0.01%
253
-1,186
-82% -$318K
KKR.PRD
1632
KKR & Co 6.25% Series D Preferred Stock
KKR.PRD
$2.29B
– –
-2,300
Closed -$129K
MCHPP
1633
Microchip Technology Inc 7.50% Series A Preferred Stock
MCHPP
– –
-2,019
Closed -$127K
APO.PRA
1634
DELISTED
Apollo Global Management Series A
APO.PRA
– –
-1,652
Closed -$123K
HPE.PRC
1635
Hewlett Packard Enterprise 7.625% Series C Preferred Stock
HPE.PRC
$4.1B
– –
-1,367
Closed -$85.8K
KD icon
1636
Kyndryl
KD
$3.05B
$2 ﹤0.01%
60
-78,587
-100% -$2.7M
WFC.PRL icon
1637
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.66B
– –
-145
Closed -$176K
AA icon
1638
Alcoa
AA
$13.2B
– –
-3,686
Closed -$108K
ABEV icon
1639
Ambev
ABEV
$46.4B
– –
-80,209
Closed -$193K
ACHR icon
1640
Archer Aviation
ACHR
$4.26B
– –
-13,107
Closed -$141K
ACLX
1641
DELISTED
Arcellx
ACLX
– –
-735
Closed -$48K
ACMR icon
1642
ACM Research
ACMR
$5.79B
– –
-5,245
Closed -$135K
ACM icon
1643
Aecom
ACM
$9.75B
– –
-10,160
Closed -$1.15M
ACT icon
1644
Enact Holdings
ACT
$6.83B
– –
-2,708
Closed -$100K
ACU icon
1645
Acme United Corp
ACU
$213M
– –
-365
Closed -$15K
ADM icon
1646
Archer Daniels Midland
ADM
$36.9B
– –
-781
Closed -$41K
ADNT icon
1647
Adient
ADNT
$1.5B
– –
-87,007
Closed -$1.69M
ADTN icon
1648
Adtran
ADTN
$616M
– –
-176,300
Closed -$1.58M
AEG icon
1649
Aegon
AEG
$14.1B
– –
-122,081
Closed -$883K
AEHR icon
1650
Aehr Test Systems
AEHR
$3.36B
– –
-9,039
Closed -$116K
64 65
66
67 68

Similar funds

Brown Advisory
Brown Advisory Baltimore, Maryland $60.9B AUM 15.24% 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
Alkeon Capital Management
Alkeon Capital Management New York $59.5B AUM 51.63% 1-Year Est. Return
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund Toronto, Ontario, Canada $62.2B AUM 31.35% 1-Year Est. Return

Lazard Asset Management's Q3 2025 Portfolio in Review

As of Q3 2025, Lazard Asset Management held 2,417 positions worth $74.3B, up 2.2% from $72.7B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

Lazard Asset Management's Q3 2025 filing shows 206 new, 783 increased, 558 reduced and 621 closed positions. Its largest new stake was Linde: 954,064 shares worth $453M. The largest sale was Norfolk Southern, an estimated $913M.

By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Industrials and Financials.

  • Lazard Asset Management's largest Q3 2025 buy was Linde: 954,064 shares worth $453M.
  • Lazard Asset Management added most to Ferrovial N.V. Ordinary Shares in Q3 2025, an estimated $1.2B increase.
  • Lazard Asset Management's biggest Q3 2025 reduction was Norfolk Southern, cutting an estimated $913M.
  • Lazard Asset Management fully exited Eversource Energy in Q3 2025, selling an estimated $171M.
  • Lazard Asset Management's ten largest holdings make up 26% of its $74.3B portfolio in Q3 2025.
  • Lazard Asset Management opened 206 new positions and closed 621 in Q3 2025.
  • Lazard Asset Management's portfolio value rose 2.2% quarter-over-quarter to $74.3B.

Based on Lazard Asset Management's 13F filing for Q3 2025, filed 14 Nov 2025.