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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 | |
|---|---|---|---|---|---|---|
|
FLIC
1801
DELISTED
First of Long Island Corp
FLIC
| $22K | ﹤0.01% |
1,674
| – | – |
|
|
HTBK
1802
DELISTED
Heritage Commerce
HTBK
| $22K | ﹤0.01% |
+2,666
| New | +$30.5K |
|
1803
Ocugen
OCGN
$420M
| $22K | ﹤0.01% |
27,441
+18,470
| +206% | +$20.1K |
|
|
SSBK
1804
DELISTED
Southern States Bancshares
SSBK
| $22K | ﹤0.01% |
998
+512
| +105% | +$14K |
|
1805
Weave Communications
WEAV
$530M
| $22K | ﹤0.01% |
4,462
-585
| -12% | -$2.94K |
|
|
SBOW
1806
DELISTED
SilverBow Resources, Inc.
SBOW
| $22K | ﹤0.01% |
971
-23,697
| -96% | -$585K |
|
1807
Alerus Financial
ALRS
$836M
| $21K | ﹤0.01% |
1,344
| – | – |
|
1808
First Merchants
FRME
$2.69B
| $21K | ﹤0.01% |
647
| – | – |
|
1809
Fortive
FTV
$18.4B
| $21K | ﹤0.01% |
410
-3
| -0.7% | -$151 |
|
1810
Jakks Pacific
JAKK
$292M
| $21K | ﹤0.01% |
1,216
| – | – |
|
1811
Murphy Oil
MUR
$4.74B
| $21K | ﹤0.01% |
+578
| New | +$23.1K |
|
1812
Nkarta
NKTX
$164M
| $21K | ﹤0.01% |
6,194
+4,520
| +270% | +$21.4K |
|
1813
OneMain Financial
OMF
$7.48B
| $21K | ﹤0.01% |
583
| – | – |
|
1814
Sana Biotechnology
SANA
$949M
| $21K | ﹤0.01% |
6,626
+3,984
| +151% | +$15.9K |
|
|
SGMO
1815
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $21K | ﹤0.01% |
12,589
-11,621
| -48% | -$33.2K |
|
|
ADAP
1816
DELISTED
Adaptimmune Therapeutics
ADAP
| $20K | ﹤0.01% |
19,298
-79,292
| -80% | -$123K |
|
|
BLUE
1817
DELISTED
bluebird bio
BLUE
| $20K | ﹤0.01% |
335
+193
| +136% | +$22K |
|
1818
Cullen/Frost Bankers
CFR
$10.2B
| $20K | ﹤0.01% |
195
| – | – |
|
1819
Employers Holdings
EIG
$908M
| $20K | ﹤0.01% |
488
-24,429
| -98% | -$1.05M |
|
1820
FS Bancorp
FSBW
$321M
| $20K | ﹤0.01% |
667
| – | – |
|
1821
Iovance Biotherapeutics
IOVA
$2.77B
| $20K | ﹤0.01% |
3,421
+699
| +26% | +$4.82K |
|
1822
Koppers
KOP
$1.01B
| $20K | ﹤0.01% |
598
| – | – |
|
1823
Tucows
TCX
$157M
| $20K | ﹤0.01% |
1,074
| – | – |
|
1824
Target Hospitality
TH
$1.59B
| $20K | ﹤0.01% |
+1,541
| New | +$24.7K |
|
1825
UMB Financial
UMBF
$11B
| $20K | ﹤0.01% |
+355
| New | +$28.9K |
|
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.