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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
+305.76%
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 | |
|---|---|---|---|---|---|---|
1751
Fulton Financial
FULT
$4.67B
| $26K | ﹤0.01% |
1,916
| – | – |
|
1752
Gran Tierra Energy
GTE
$335M
| $26K | ﹤0.01% |
+2,960
| New | +$25.6K |
|
|
INFA
1753
DELISTED
Informatica
INFA
| $26K | ﹤0.01% |
1,646
| – | – |
|
1754
MeiraGTx Holdings
MGTX
$1.18B
| $26K | ﹤0.01% |
5,173
-1,442
| -22% | -$9.98K |
|
1755
Provident Financial Services
PFS
$3.23B
| $26K | ﹤0.01% |
1,356
-95,580
| -99% | -$2.11M |
|
1756
RBB Bancorp
RBB
$455M
| $26K | ﹤0.01% |
1,699
| – | – |
|
1757
Rocket Pharmaceuticals
RCKT
$387M
| $26K | ﹤0.01% |
1,598
+320
| +25% | +$6.27K |
|
|
VERV
1758
DELISTED
Verve Therapeutics
VERV
| $26K | ﹤0.01% |
1,871
+396
| +27% | +$7.75K |
|
|
XOMA
1759
DELISTED
Xoma
XOMA
| $26K | ﹤0.01% |
1,272
-2,279
| -64% | -$47.9K |
|
1760
Digital Turbine
APPS
$1.73B
| $25K | ﹤0.01% |
2,072
| – | – |
|
1761
BancFirst
BANF
$3.81B
| $25K | ﹤0.01% |
310
-5,021
| -94% | -$433K |
|
|
BGH
1762
Barings Global Short Duration High Yield Fund
BGH
$285M
| – | – |
0
| – | – |
|
|
CADE
1763
DELISTED
Cadence Bank
CADE
| $25K | ﹤0.01% |
+1,214
| New | +$30.2K |
|
1764
dLocal
DLO
$4.35B
| $25K | ﹤0.01% |
1,559
-205
| -12% | -$3.23K |
|
1765
4D Molecular Therapeutics
FDMT
$552M
| $25K | ﹤0.01% |
1,519
-660
| -30% | -$12.8K |
|
1766
First Bancorp
FNLC
$398M
| $25K | ﹤0.01% |
969
| – | – |
|
1767
Freshworks
FRSH
$3.2B
| $25K | ﹤0.01% |
1,640
-515
| -24% | -$7.8K |
|
1768
Independent Bank Corp
IBCP
$855M
| $25K | ﹤0.01% |
1,448
-2,031
| -58% | -$43.9K |
|
1769
Nurix Therapeutics
NRIX
$2.62B
| $25K | ﹤0.01% |
2,879
+1,779
| +162% | +$18.5K |
|
1770
Bank of N.T. Butterfield & Son
NTB
$2.44B
| $25K | ﹤0.01% |
944
-3,260
| -78% | -$104K |
|
1771
Phillips 66
PSX
$82B
| $25K | ﹤0.01% |
255
+6
| +2% | +$610 |
|
1772
RPM International
RPM
$14.8B
| $25K | ﹤0.01% |
291
| – | – |
|
|
RPTX
1773
DELISTED
Repare Therapeutics
RPTX
| $25K | ﹤0.01% |
2,669
-5,119
| -66% | -$58.7K |
|
|
SMLR
1774
DELISTED
Semler Scientific
SMLR
| $25K | ﹤0.01% |
952
-605
| -39% | -$16.9K |
|
1775
Cabaletta Bio
CABA
$450M
| $24K | ﹤0.01% |
3,027
+641
| +27% | +$6K |
|
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.