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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
+0.73%
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
$46.6B
AUM Growth
-$1.27B
(-2.6%)
Cap. Flow
-$2.28B
Cap. Flow
% of AUM
-4.89%
Top 10 Holdings %
Top 10 Hldgs %
19.53%
Holding
1,157
New
166
Increased
296
Reduced
323
Closed
125
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Viatris
VTRS
|
+$208M |
| 2 |
Mastercard
MA
|
+$198M |
| 3 |
Kinder Morgan
KMI
|
+$174M |
| 4 |
Parker-Hannifin
PH
|
+$170M |
| 5 |
Check Point Software Technologies
CHKP
|
+$144M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
+$247M |
| 2 |
Pfizer
PFE
|
+$179M |
| 3 |
DuPont de Nemours
DD
|
+$149M |
| 4 |
Credicorp
BAP
|
+$138M |
| 5 |
McKesson
MCK
|
+$134M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.46% |
| 2 | Communication Services | 14.94% |
| 3 | Technology | 11.88% |
| 4 | Financials | 10.97% |
| 5 | Energy | 8.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Baidu
BIDU
$36.5B
| $1.17B | 2.51% |
5,350,193
+443,192
| +9% | +$93.7M |
|
|
CHL
2
DELISTED
China Mobile Limited
CHL
| $1.07B | 2.29% |
18,129,524
+854,845
| +5% | +$49.2M |
|
3
Telkom Indonesia
TLK
$14.2B
| $1.03B | 2.22% |
43,020,724
+1,617,546
| +4% | +$37.4M |
|
4
Teva Pharmaceuticals
TEVA
$36.3B
| $958M | 2.06% |
17,820,021
+2,537,019
| +17% | +$134M |
|
5
Apple
AAPL
$4.72T
| $881M | 1.89% |
34,963,472
-3,947,572
| -10% | -$96.9M |
|
6
NetEase
NTES
$76.9B
| $859M | 1.84% |
50,135,495
+2,278,225
| +5% | +$38.7M |
|
7
Zoetis
ZTS
$31.3B
| $843M | 1.81% |
22,823,489
+293,666
| +1% | +$10.1M |
|
|
MBT
8
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $780M | 1.67% |
52,200,513
+2,288,198
| +5% | +$42M |
|
9
TSMC
TSM
$2.16T
| $764M | 1.64% |
37,850,030
+2,858,989
| +8% | +$59.6M |
|
10
Cisco
CSCO
$444B
| $746M | 1.6% |
29,622,684
-1,067,642
| -3% | -$26.9M |
|
11
PLDT
PHI
$4.17B
| $727M | 1.56% |
10,533,786
+276,001
| +3% | +$19.9M |
|
12
Advance Auto Parts
AAP
$3.22B
| $703M | 1.51% |
5,393,909
+65,600
| +1% | +$8.6M |
|
|
VIAB
13
DELISTED
Viacom Inc. Class B
VIAB
| $693M | 1.49% |
9,008,414
-680,882
| -7% | -$56M |
|
|
14
Pfizer
PFE
$143B
| $643M | 1.38% |
22,908,140
-6,387,518
| -22% | -$179M |
|
15
Microsoft
MSFT
$2.83T
| $592M | 1.27% |
12,776,176
-522,769
| -4% | -$23.3M |
|
|
EMC
16
DELISTED
EMC CORPORATION
EMC
| $559M | 1.2% |
19,104,653
-4,211,074
| -18% | -$121M |
|
17
YPF
YPF
$20.4B
| $550M | 1.18% |
14,872,434
-1,456,831
| -9% | -$51M |
|
18
Ambev
ABEV
$47.7B
| $522M | 1.12% |
79,749,709
+5,489,756
| +7% | +$38.7M |
|
19
Visa
V
$669B
| $504M | 1.08% |
9,449,372
-600,012
| -6% | -$32.2M |
|
20
CSX Corp
CSX
$97.8B
| $503M | 1.08% |
47,084,472
+739,335
| +2% | +$7.62M |
|
21
Alphabet (Google) Class C
GOOG
$3.89T
| $493M | 1.06% |
16,962,202
-2,195,532
| -11% | -$63.5M |
|
22
Citigroup
C
$221B
| $487M | 1.05% |
9,400,492
+747,065
| +9% | +$37.5M |
|
23
Molson Coors Class B
TAP
$7.51B
| $479M | 1.03% |
6,439,955
-1,740,159
| -21% | -$127M |
|
24
Chevron
CVX
$387B
| $453M | 0.97% |
3,798,224
-91,200
| -2% | -$11.6M |
|
25
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $442M | 0.95% |
2,241,155
+136,595
| +6% | +$27M |
|
Similar funds
QCM
Lazard Asset Management's Q3 2014 Portfolio in Review
As of Q3 2014, Lazard Asset Management held 1,157 positions worth $46.6B, down 2.6% from $47.8B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Lazard Asset Management withdrew a net $2.28B in Q3 2014, closing 125 positions and reducing 323 holdings. Its most notable exit was TYCO INTL PLC COM SHS (IRL), an estimated $247M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 15% 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 Mastercard worth $193M.
- Lazard Asset Management's largest Q3 2014 buy was Mastercard: 2,605,801 shares worth $193M.
- Lazard Asset Management added most to Viatris in Q3 2014, an estimated $208M increase.
- Lazard Asset Management's biggest Q3 2014 reduction was Pfizer, cutting an estimated $179M.
- Lazard Asset Management fully exited TYCO INTL PLC COM SHS (IRL) in Q3 2014, selling an estimated $247M.
- Lazard Asset Management's ten largest holdings make up 20% of its $46.6B portfolio in Q3 2014.
- Lazard Asset Management opened 166 new positions and closed 125 in Q3 2014.
- Lazard Asset Management's portfolio value fell 2.6% quarter-over-quarter to $46.6B.
Based on Lazard Asset Management's 13F filing for Q3 2014, filed 7 Nov 2014.