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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
+3.55%
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
$53.2B
AUM Growth
+$186M
(+0.35%)
Cap. Flow
-$2.09B
Cap. Flow
% of AUM
-3.93%
Top 10 Holdings %
Top 10 Hldgs %
22.43%
Holding
1,084
New
91
Increased
297
Reduced
370
Closed
78
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
DXC Technology
DXC
|
+$572M |
| 2 |
Medtronic
MDT
|
+$566M |
| 3 |
K
Kellanova
K
|
+$336M |
| 4 |
Citigroup
C
|
+$316M |
| 5 |
Molson Coors Class B
TAP
|
+$288M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$431M |
| 2 |
Pfizer
PFE
|
+$415M |
| 3 |
CSX Corp
CSX
|
+$331M |
| 4 |
SCHW
Charles Schwab
SCHW
|
+$263M |
| 5 |
Aptiv
APTV
|
+$215M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 14.81% |
| 2 | Technology | 13.9% |
| 3 | Industrials | 13.71% |
| 4 | Healthcare | 12.82% |
| 5 | Financials | 10.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Medtronic
MDT
$105B
| $1.99B | 3.73% |
22,375,973
+6,713,647
| +43% | +$566M |
|
2
Coca-Cola
KO
$349B
| $1.39B | 2.61% |
30,903,325
+3,851,438
| +14% | +$170M |
|
3
Alphabet (Google) Class A
GOOGL
$3.89T
| $1.32B | 2.49% |
28,487,000
-4,149,720
| -13% | -$194M |
|
4
Aon
AON
$76B
| $1.18B | 2.23% |
8,907,016
-819,425
| -8% | -$104M |
|
5
Baidu
BIDU
$36.5B
| $1.12B | 2.1% |
6,242,917
+162,809
| +3% | +$29.5M |
|
6
NetEase
NTES
$76.9B
| $1.12B | 2.1% |
18,553,605
+60,155
| +0.3% | +$3.45M |
|
|
7
Molson Coors Class B
TAP
$7.51B
| $1.02B | 1.92% |
11,820,800
+3,111,698
| +36% | +$288M |
|
8
Motorola Solutions
MSI
$67.6B
| $956M | 1.8% |
11,026,463
+603,308
| +6% | +$51.2M |
|
9
Cisco
CSCO
$444B
| $921M | 1.73% |
29,429,872
-6,385,823
| -18% | -$208M |
|
10
TSMC
TSM
$2.16T
| $918M | 1.73% |
26,259,305
-4,583,738
| -15% | -$158M |
|
|
CHL
11
DELISTED
China Mobile Limited
CHL
| $916M | 1.72% |
17,261,318
+120,430
| +0.7% | +$6.54M |
|
12
Telkom Indonesia
TLK
$14.2B
| $910M | 1.71% |
27,030,652
+175,169
| +0.7% | +$5.71M |
|
13
eBay
EBAY
$48.5B
| $822M | 1.55% |
23,542,283
-1,179,220
| -5% | -$40.4M |
|
14
United Parcel Service
UPS
$97B
| $793M | 1.49% |
7,171,025
+2,338,678
| +48% | +$250M |
|
15
Norfolk Southern
NSC
$78.3B
| $772M | 1.45% |
6,343,586
+925,549
| +17% | +$109M |
|
16
America Movil
AMX
$77.9B
| $770M | 1.45% |
48,336,634
+700,853
| +1% | +$10.9M |
|
17
Crown Holdings
CCK
$12.5B
| $712M | 1.34% |
11,931,934
+948,222
| +9% | +$53.5M |
|
|
WBA
18
DELISTED
Walgreens Boots Alliance
WBA
| $686M | 1.29% |
8,765,332
-1,788,616
| -17% | -$147M |
|
19
Union Pacific
UNP
$181B
| $666M | 1.25% |
6,111,604
-105,731
| -2% | -$11.5M |
|
20
Microsoft
MSFT
$2.83T
| $643M | 1.21% |
9,322,016
-2,105,994
| -18% | -$145M |
|
21
Apple
AAPL
$4.72T
| $641M | 1.21% |
17,812,980
-2,907,848
| -14% | -$108M |
|
|
22
Citigroup
C
$221B
| $640M | 1.2% |
9,571,451
+5,145,098
| +116% | +$316M |
|
23
Accenture
ACN
$84.9B
| $633M | 1.19% |
5,116,131
+6,539
| +0.1% | +$797K |
|
24
YPF
YPF
$20.4B
| $624M | 1.17% |
28,472,777
-5,335,488
| -16% | -$129M |
|
|
K
25
DELISTED
Kellanova
K
| $610M | 1.15% |
9,354,495
+4,997,496
| +115% | +$336M |
|
Similar funds
QCM
Lazard Asset Management's Q2 2017 Portfolio in Review
As of Q2 2017, Lazard Asset Management held 1,084 positions worth $53.2B, up 0.35% from $53B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Lazard Asset Management withdrew a net $2.09B in Q2 2017, closing 78 positions and reducing 370 holdings. Its most notable exit was KeyCorp, an estimated $52.8M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 15% of assets, down from 15% a quarter earlier, followed by Technology and Industrials.
Against the trend, Lazard Asset Management opened a new position in DXC Technology worth $572M.
- Lazard Asset Management's largest Q2 2017 buy was DXC Technology: 8,613,465 shares worth $572M.
- Lazard Asset Management added most to Medtronic in Q2 2017, an estimated $566M increase.
- Lazard Asset Management's biggest Q2 2017 reduction was Bank of America, cutting an estimated $431M.
- Lazard Asset Management fully exited KeyCorp in Q2 2017, selling an estimated $52.8M.
- Lazard Asset Management's ten largest holdings make up 22% of its $53.2B portfolio in Q2 2017.
- Lazard Asset Management opened 91 new positions and closed 78 in Q2 2017.
- Lazard Asset Management's portfolio value rose 0.35% quarter-over-quarter to $53.2B.
Based on Lazard Asset Management's 13F filing for Q2 2017, filed 11 Aug 2017.