We are live on
!
Find out more
Lazard Asset Management Portfolio holdings
AUM
$60.8B
1-Year Est. Return
22.47%
This Fund
S&P 500
This Quarter
Est. Return
+4.33%
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
$59B
AUM Growth
-$15.3B
(-21%)
Cap. Flow
-$17.5B
Cap. Flow
% of AUM
-29.66%
Top 10 Holdings %
Top 10 Hldgs %
23.25%
Holding
2,070
New
257
Increased
660
Reduced
658
Closed
198
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Crown Castle
CCI
|
+$593M |
| 2 |
American Tower
AMT
|
+$295M |
| 3 |
KLA
KLAC
|
+$242M |
| 4 |
Ingersoll Rand
IR
|
+$149M |
| 5 |
TotalEnergies
TTE
|
+$129M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.34B |
| 2 |
Apple
AAPL
|
+$1.27B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$1.04B |
| 4 |
Amazon
AMZN
|
+$999M |
| 5 |
Applied Materials
AMAT
|
+$612M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.74% |
| 2 | Financials | 12.95% |
| 3 | Industrials | 12.91% |
| 4 | Healthcare | 10.97% |
| 5 | Consumer Discretionary | 7.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Icon
ICLR
$12.6B
| $67.9M | 0.12% |
372,447
-233,071
| -38% | -$41.5M |
|
177
Deutsche Bank
DB
$69B
| $67.5M | 0.11% |
1,737,872
+367,865
| +27% | +$13.3M |
|
178
Fomento Económico Mexicano
FMX
$43.6B
| $67.4M | 0.11% |
667,269
-8,540
| -1% | -$830K |
|
179
Walmart Inc
WMT
$885B
| $66.7M | 0.11% |
598,797
+51,361
| +9% | +$5.51M |
|
180
Prologis
PLD
$135B
| $65.1M | 0.11% |
509,944
-7,520
| -1% | -$937K |
|
181
Ecolab
ECL
$78.1B
| $65M | 0.11% |
247,548
-2,410
| -1% | -$642K |
|
182
Oracle
ORCL
$374B
| $63.9M | 0.11% |
328,064
-264,968
| -45% | -$63.1M |
|
183
Magna International
MGA
$18.7B
| $63.1M | 0.11% |
1,183,042
+665,889
| +129% | +$32.5M |
|
184
InterContinental Hotels
IHG
$23.9B
| $62.4M | 0.11% |
442,805
-18,092
| -4% | -$2.35M |
|
|
TWN
185
Taiwan Fund
TWN
$471M
| $59.9M | 0.1% |
1,123,030
+41,221
| +4% | +$2.31M |
|
186
KT
KT
$8.62B
| $59.7M | 0.1% |
3,144,689
-139,687
| -4% | -$2.61M |
|
187
Harmony Gold Mining
HMY
$9.84B
| $59.5M | 0.1% |
2,988,156
+677,479
| +29% | +$12.6M |
|
188
Trip.com Group
TCOM
$29.6B
| $59M | 0.1% |
819,943
+141,582
| +21% | +$10.1M |
|
189
Booking.com
BKNG
$149B
| $58.7M | 0.1% |
273,900
-36,250
| -12% | -$7.46M |
|
190
Carlisle Companies
CSL
$14.3B
| $57.8M | 0.1% |
180,641
-733
| -0.4% | -$238K |
|
191
General Motors
GM
$78B
| $56.4M | 0.1% |
694,020
+110,473
| +19% | +$7.79M |
|
192
Verisk Analytics
VRSK
$25.4B
| $56.2M | 0.1% |
251,448
+313
| +0.1% | +$70.6K |
|
193
Palantir
PLTR
$295B
| $56.2M | 0.1% |
316,225
-15,620
| -5% | -$2.83M |
|
194
Comfort Systems
FIX
$60.9B
| $55.3M | 0.09% |
59,272
-86,199
| -59% | -$79.6M |
|
195
Cognex
CGNX
$10.9B
| $53.5M | 0.09% |
1,486,438
-4,139
| -0.3% | -$168K |
|
196
Arthur J. Gallagher & Co
AJG
$64.1B
| $53.4M | 0.09% |
+206,238
| New | +$54.6M |
|
197
Berkshire Hathaway Class B
BRK.B
$1.1T
| $52.8M | 0.09% |
105,034
+6,179
| +6% | +$3.07M |
|
198
HP
HPQ
$24.9B
| $51.7M | 0.09% |
2,318,528
+1,998,746
| +625% | +$51M |
|
199
Gold Fields
GFI
$29B
| $51.6M | 0.09% |
1,180,878
+41,460
| +4% | +$1.73M |
|
200
AngloGold Ashanti
AU
$40.1B
| $51.1M | 0.09% |
598,865
-68,681
| -10% | -$5.36M |
|
Similar funds
QCM
Lazard Asset Management's Q4 2025 Portfolio in Review
As of Q4 2025, Lazard Asset Management held 2,070 positions worth $59B, down 21% from $74.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Lazard Asset Management withdrew a net $17.5B in Q4 2025, closing 198 positions and reducing 658 holdings. Its most notable exit was Henry Schein, an estimated $30.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 30% a quarter earlier, followed by Financials and Industrials.
Against the trend, Lazard Asset Management opened a new position in Ingersoll Rand worth $149M.
- Lazard Asset Management's largest Q4 2025 buy was Ingersoll Rand: 1,884,586 shares worth $149M.
- Lazard Asset Management added most to Crown Castle in Q4 2025, an estimated $593M increase.
- Lazard Asset Management's biggest Q4 2025 reduction was Microsoft, cutting an estimated $1.34B.
- Lazard Asset Management fully exited Henry Schein in Q4 2025, selling an estimated $30.7M.
- Lazard Asset Management's ten largest holdings make up 23% of its $59B portfolio in Q4 2025.
- Lazard Asset Management opened 257 new positions and closed 198 in Q4 2025.
- Lazard Asset Management's portfolio value fell 21% quarter-over-quarter to $59B.
Based on Lazard Asset Management's 13F filing for Q4 2025, filed 17 Feb 2026.