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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
-9.03%
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
$41.8B
AUM Growth
-$5.88B
(-12%)
Cap. Flow
-$1.39B
Cap. Flow
% of AUM
-3.33%
Top 10 Holdings %
Top 10 Hldgs %
20.95%
Holding
1,239
New
122
Increased
360
Reduced
365
Closed
160
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$331M |
| 2 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$315M |
| 3 |
MNK
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
|
+$310M |
| 4 |
America Movil
AMX
|
+$263M |
| 5 |
Aon
AON
|
+$213M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Xerox
XRX
|
+$467M |
| 2 |
Baxter International
BAX
|
+$455M |
| 3 |
Teva Pharmaceuticals
TEVA
|
+$309M |
| 4 |
CMA
Comerica
CMA
|
+$247M |
| 5 |
Viatris
VTRS
|
+$231M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 14.91% |
| 2 | Technology | 13.9% |
| 3 | Healthcare | 13.87% |
| 4 | Financials | 13.53% |
| 5 | Industrials | 9.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
PepsiCo
PEP
$196B
| $47.5M | 0.11% |
504,135
+160,732
| +47% | +$15.3M |
|
|
RDS.A
152
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $47.3M | 0.11% |
997,735
+299,266
| +43% | +$16M |
|
153
AT&T
T
$164B
| $46.7M | 0.11% |
1,896,220
+36,330
| +2% | +$926K |
|
154
Vanguard FTSE Europe ETF
VGK
$30.1B
| $46.3M | 0.11% |
940,736
+15,619
| +2% | +$828K |
|
155
Signet Jewelers
SIG
$3.84B
| $45.9M | 0.11% |
337,274
+11,429
| +4% | +$1.47M |
|
156
iShares Core S&P Mid-Cap ETF
IJH
$121B
| $45.5M | 0.11% |
1,667,150
+401,770
| +32% | +$11.7M |
|
|
SWN
157
DELISTED
Southwestern Energy Company
SWN
| $44.6M | 0.11% |
3,511,228
-249,844
| -7% | -$4.34M |
|
|
NBIS
158
Nebius Group N.V.
NBIS
$37.6B
| $44.5M | 0.11% |
4,143,697
+714,261
| +21% | +$9.32M |
|
159
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.47B
| – | – |
0
| – | – |
|
160
3M
MMM
$91.8B
| $43M | 0.1% |
363,004
+42,775
| +13% | +$5.26M |
|
|
GF
161
New Germany Fund
GF
$182M
| $42.1M | 0.1% |
2,924,083
+41,729
| +1% | +$631K |
|
162
RELX
RELX
$66.8B
| $41.6M | 0.1% |
+2,392,956
| New | +$40M |
|
|
CEO
163
DELISTED
CNOOC Limited
CEO
| $40.5M | 0.1% |
393,082
+6,528
| +2% | +$781K |
|
|
CHN
164
DELISTED
China Fund
CHN
| $40.4M | 0.1% |
2,538,173
-1,419
| -0.1% | -$24.4K |
|
165
Banco Macro
BMA
$5.81B
| $39.8M | 0.1% |
1,036,074
+35,303
| +4% | +$1.58M |
|
166
Chevron
CVX
$382B
| $36.7M | 0.09% |
465,514
-112,917
| -20% | -$9.51M |
|
|
SWZ
167
Swiss Helvetia Fund
SWZ
$76.4M
| $36.1M | 0.09% |
3,327,771
-204,830
| -6% | -$2.33M |
|
168
BHP
BHP
$211B
| $36M | 0.09% |
1,277,395
+15,992
| +1% | +$519K |
|
169
Newmont
NEM
$96.2B
| $35.8M | 0.09% |
2,230,488
-168,990
| -7% | -$3.03M |
|
170
Alibaba
BABA
$276B
| $35.5M | 0.08% |
602,541
-8,206
| -1% | -$597K |
|
171
Freeport-McMoran
FCX
$86.2B
| $35.4M | 0.08% |
3,650,626
-466,526
| -11% | -$5.6M |
|
|
CMCSK
172
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $35.3M | 0.08% |
616,117
-114,689
| -16% | -$6.56M |
|
|
MSF
173
DELISTED
Morgan Stanley Emerging Mkts Fd
MSF
| $35.1M | 0.08% |
2,780,832
-40,058
| -1% | -$543K |
|
|
KF
174
Korea Fund
KF
$216M
| $34.9M | 0.08% |
982,215
-5,714
| -0.6% | -$213K |
|
|
LHO
175
DELISTED
LaSalle Hotel Properties
LHO
| $34.5M | 0.08% |
1,213,794
+494,136
| +69% | +$16.3M |
|
Similar funds
QCM
Lazard Asset Management's Q3 2015 Portfolio in Review
As of Q3 2015, Lazard Asset Management held 1,239 positions worth $41.8B, down 12% from $47.7B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Lazard Asset Management withdrew a net $1.39B in Q3 2015, closing 160 positions and reducing 365 holdings. Its most notable exit was ADT Corp, an estimated $51.8M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Lazard Asset Management opened a new position in BAXALTA INC COM STK (DE) worth $288M.
- Lazard Asset Management's largest Q3 2015 buy was BAXALTA INC COM STK (DE): 9,135,596 shares worth $288M.
- Lazard Asset Management added most to Bank of America in Q3 2015, an estimated $331M increase.
- Lazard Asset Management's biggest Q3 2015 reduction was Xerox, cutting an estimated $467M.
- Lazard Asset Management fully exited ADT Corp in Q3 2015, selling an estimated $51.8M.
- Lazard Asset Management's ten largest holdings make up 21% of its $41.8B portfolio in Q3 2015.
- Lazard Asset Management opened 122 new positions and closed 160 in Q3 2015.
- Lazard Asset Management's portfolio value fell 12% quarter-over-quarter to $41.8B.
Based on Lazard Asset Management's 13F filing for Q3 2015, filed 13 Nov 2015.