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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
+6.13%
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
$74.8B
AUM Growth
-$4.94B
Cap. Flow
-$13.1B
Cap. Flow %
-17.46%
Top 10 Hldgs %
25.98%
Holding
2,503
New
223
Increased
806
Reduced
858
Closed
183

Top Buys

Rank Stock Value
1
CBRE icon
CBRE Group
CBRE
+$247M
2
AMD icon
Advanced Micro Devices
AMD
+$236M
3
CX icon
Cemex
CX
+$212M
4
MDT icon
Medtronic
MDT
+$191M
5
MRVL icon
Marvell Technology
MRVL
+$177M

Top Sells

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$540M
2
NVDA icon
NVIDIA
NVDA
+$460M
3
CB icon
Chubb
CB
+$448M
4
MSFT icon
Microsoft
MSFT
+$439M
5
AEP icon
American Electric Power
AEP
+$388M

Sector Composition

Rank Sector Weight
1 Technology 25.58%
2 Financials 14.16%
3 Healthcare 13.43%
4 Consumer Discretionary 9.58%
5 Industrials 9.56%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ADX icon
151
Adams Diversified Equity Fund
ADX
$3.18B
$61.5M 0.08%
2,853,415
-1,548,557
-35% -$32.9M
ATHM icon
152
Autohome
ATHM
$2.68B
$59.8M 0.08%
1,833,053
-321,505
-15% -$8.38M
TCOM icon
153
Trip.com Group
TCOM
$29.8B
$59.8M 0.08%
1,005,462
-76,705
-7% -$3.55M
NU icon
154
Nu Holdings
NU
$69.8B
$56.9M 0.08%
4,167,020
+2,383,798
+134% +$32.1M
SHG icon
155
Shinhan Financial Group
SHG
$33.4B
$54.9M 0.07%
1,296,180
+7,243
+0.6% +$297K
KOF icon
156
Coca-Cola Femsa
KOF
$22.5B
$54.7M 0.07%
616,795
+43,542
+8% +$3.81M
HCA icon
157
HCA Healthcare
HCA
$88B
$54.7M 0.07%
134,576
-134,668
-50% -$49.3M
INTU icon
158
Intuit
INTU
$87.1B
$54M 0.07%
86,935
-156,403
-64% -$99.8M
COHR icon
159
Coherent
COHR
$56.4B
$53.8M 0.07%
605,183
+598,886
+9,511% +$44.8M
TGT icon
160
Target
TGT
$67.8B
$52.6M 0.07%
337,604
+20,777
+7% +$3.09M
ASA
161
ASA Gold and Precious Metals
ASA
$944M
$51.4M 0.07%
2,473,454
-45,241
-2% -$874K
TJX icon
162
TJX Companies
TJX
$174B
$50M 0.07%
425,695
-332,557
-44% -$38.1M
LH icon
163
Labcorp
LH
$24.9B
$50M 0.07%
223,625
-22,261
-9% -$4.89M
BLD
164
DELISTED
TopBuild
BLD
$49.6M 0.07%
121,881
-25,129
-17% -$10.1M
TWN
165
Taiwan Fund
TWN
$482M
$49.6M 0.07%
1,128,580
-28,040
-2% -$1.2M
MAS icon
166
Masco
MAS
$14.7B
$48.1M 0.06%
572,516
-953,510
-62% -$72.3M
BRK.B icon
167
Berkshire Hathaway Class B
BRK.B
$1.11T
$47.8M 0.06%
103,923
-31,695
-23% -$14M
ONTO icon
168
Onto Innovation
ONTO
$13.4B
$47.3M 0.06%
228,108
+175,795
+336% +$35.5M
AVTR icon
169
Avantor
AVTR
$9.25B
$47.2M 0.06%
1,823,747
+1,797,948
+6,969% +$44.1M
KT icon
170
KT
KT
$8.75B
$47.1M 0.06%
3,064,023
-502,086
-14% -$7.24M
CVX icon
171
Chevron
CVX
$385B
$46.7M 0.06%
317,264
-94,931
-23% -$14.1M
COR icon
172
Cencora
COR
$60B
$46M 0.06%
204,551
-150,199
-42% -$34.9M
JPM icon
173
JPMorgan Chase
JPM
$937B
$45.5M 0.06%
215,964
-38,943
-15% -$8.2M
LMT icon
174
Lockheed Martin
LMT
$135B
$45.5M 0.06%
77,808
+25,705
+49% +$13.8M
PSA icon
175
Public Storage
PSA
$60.9B
$45.4M 0.06%
124,829
-186,822
-60% -$60.7M
5 6
7
8 9

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Lazard Asset Management's Q3 2024 Portfolio in Review

As of Q3 2024, Lazard Asset Management held 2,503 positions worth $74.8B, down 6.2% from $79.7B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

Lazard Asset Management withdrew a net $13.1B in Q3 2024, closing 183 positions and reducing 858 holdings. Its most notable exit was Brookfield, an estimated $37.2M position sold in full.

By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 26% a quarter earlier, followed by Financials and Healthcare.

Against the trend, Lazard Asset Management opened a new position in Mizuho Financial worth $63.7M.

  • Lazard Asset Management's largest Q3 2024 buy was Mizuho Financial: 15,229,057 shares worth $63.7M.
  • Lazard Asset Management added most to CBRE Group in Q3 2024, an estimated $247M increase.
  • Lazard Asset Management's biggest Q3 2024 reduction was Alphabet (Google) Class A, cutting an estimated $540M.
  • Lazard Asset Management fully exited Brookfield in Q3 2024, selling an estimated $37.2M.
  • Lazard Asset Management's ten largest holdings make up 26% of its $74.8B portfolio in Q3 2024.
  • Lazard Asset Management opened 223 new positions and closed 183 in Q3 2024.
  • Lazard Asset Management's portfolio value fell 6.2% quarter-over-quarter to $74.8B.

Based on Lazard Asset Management's 13F filing for Q3 2024, filed 14 Nov 2024.