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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
+1.84%
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
$44.8B
AUM Growth
-$285M
(-0.63%)
Cap. Flow
-$1.54B
Cap. Flow
% of AUM
-3.43%
Top 10 Holdings %
Top 10 Hldgs %
17.23%
Holding
1,114
New
109
Increased
251
Reduced
359
Closed
112
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$342M |
| 2 |
CEMIG Preferred Shares
CIG
|
+$211M |
| 3 |
K
Kellanova
K
|
+$166M |
| 4 |
IQVIA
IQV
|
+$157M |
| 5 |
Sysco
SYY
|
+$156M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Televisa
TV
|
+$349M |
| 2 |
Walmart Inc
WMT
|
+$187M |
| 3 |
Citigroup
C
|
+$154M |
| 4 |
Chevron
CVX
|
+$153M |
| 5 |
AbbVie
ABBV
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.67% |
| 2 | Communication Services | 12.84% |
| 3 | Technology | 12.56% |
| 4 | Financials | 10.69% |
| 5 | Energy | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Telkom Indonesia
TLK
$14.2B
| $933M | 2.08% |
47,392,890
+2,414,602
| +5% | +$45.4M |
|
|
VIAB
2
DELISTED
Viacom Inc. Class B
VIAB
| $872M | 1.95% |
10,255,936
-64,881
| -0.6% | -$5.52M |
|
|
MBT
3
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $852M | 1.9% |
48,719,675
+295,126
| +0.6% | +$5.27M |
|
4
Pfizer
PFE
$143B
| $812M | 1.81% |
26,657,842
+1,271,313
| +5% | +$37.9M |
|
|
CHL
5
DELISTED
China Mobile Limited
CHL
| $774M | 1.73% |
16,972,064
-1,026,508
| -6% | -$48.7M |
|
6
Baidu
BIDU
$36.5B
| $730M | 1.63% |
4,792,067
-184,160
| -4% | -$30.8M |
|
7
Apple
AAPL
$4.72T
| $703M | 1.57% |
36,683,360
+4,526,676
| +14% | +$86.1M |
|
8
TSMC
TSM
$2.16T
| $695M | 1.55% |
34,735,377
+1,259,603
| +4% | +$22.6M |
|
9
Cisco
CSCO
$444B
| $687M | 1.54% |
30,663,532
+366,438
| +1% | +$8.1M |
|
10
McKesson
MCK
$96.5B
| $656M | 1.47% |
3,717,043
-1,567
| -0% | -$274K |
|
11
Molson Coors Class B
TAP
$7.51B
| $638M | 1.42% |
10,830,889
-1,626,435
| -13% | -$90.9M |
|
|
EMC
12
DELISTED
EMC CORPORATION
EMC
| $631M | 1.41% |
23,036,573
-2,478,223
| -10% | -$64.4M |
|
13
PLDT
PHI
$4.17B
| $617M | 1.38% |
10,113,019
+54,157
| +0.5% | +$3.24M |
|
14
Advance Auto Parts
AAP
$3.22B
| $612M | 1.37% |
4,834,735
-22,051
| -0.5% | -$2.68M |
|
15
YPF
YPF
$20.4B
| $579M | 1.29% |
18,589,911
+992,426
| +6% | +$27.7M |
|
16
Zoetis
ZTS
$31.3B
| $543M | 1.21% |
18,770,382
+597,947
| +3% | +$18.3M |
|
17
Ambev
ABEV
$47.7B
| $537M | 1.2% |
72,504,414
+7,368,282
| +11% | +$51.6M |
|
18
CVS Health
CVS
$136B
| $534M | 1.19% |
7,131,910
-1,423,119
| -17% | -$101M |
|
19
Microsoft
MSFT
$2.83T
| $525M | 1.17% |
12,813,859
+1,295,819
| +11% | +$48.6M |
|
20
Visa
V
$669B
| $518M | 1.16% |
9,602,996
-456,720
| -5% | -$25.4M |
|
21
Alphabet (Google) Class C
GOOG
$3.89T
| $506M | 1.13% |
18,244,771
-1,142,827
| -6% | -$33.3M |
|
22
NetEase
NTES
$76.9B
| $481M | 1.07% |
35,747,270
+118,870
| +0.3% | +$1.72M |
|
23
Eastman Chemical
EMN
$7.77B
| $457M | 1.02% |
5,302,106
-777,825
| -13% | -$63.8M |
|
24
UnitedHealth
UNH
$385B
| $431M | 0.96% |
5,262,175
-116,771
| -2% | -$8.79M |
|
25
Vale
VALE
$63.1B
| $430M | 0.96% |
31,068,723
+557,421
| +2% | +$7.61M |
|
Similar funds
QCM
Lazard Asset Management's Q1 2014 Portfolio in Review
As of Q1 2014, Lazard Asset Management held 1,114 positions worth $44.8B, down 0.63% from $45.1B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Lazard Asset Management withdrew a net $1.54B in Q1 2014, closing 112 positions and reducing 359 holdings. Its most notable exit was American Eagle Outfitters, an estimated $140M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 15% a quarter earlier, followed by Communication Services and Technology.
Against the trend, Lazard Asset Management opened a new position in CEMIG Preferred Shares worth $249M.
- Lazard Asset Management's largest Q1 2014 buy was CEMIG Preferred Shares: 71,812,047 shares worth $249M.
- Lazard Asset Management added most to Eli Lilly in Q1 2014, an estimated $342M increase.
- Lazard Asset Management's biggest Q1 2014 reduction was Televisa, cutting an estimated $349M.
- Lazard Asset Management fully exited American Eagle Outfitters in Q1 2014, selling an estimated $140M.
- Lazard Asset Management's ten largest holdings make up 17% of its $44.8B portfolio in Q1 2014.
- Lazard Asset Management opened 109 new positions and closed 112 in Q1 2014.
- Lazard Asset Management's portfolio value fell 0.63% quarter-over-quarter to $44.8B.
Based on Lazard Asset Management's 13F filing for Q1 2014, filed 12 May 2014.