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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
-11.4%
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
$54.3B
AUM Growth
-$7.49B
(-12%)
Cap. Flow
-$461M
Cap. Flow
% of AUM
-0.85%
Top 10 Holdings %
Top 10 Hldgs %
23.98%
Holding
1,149
New
106
Increased
312
Reduced
371
Closed
129
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Norfolk Southern
NSC
|
+$581M |
| 2 |
Electronic Arts
EA
|
+$351M |
| 3 |
Baxter International
BAX
|
+$301M |
| 4 |
KSU
Kansas City Southern
KSU
|
+$291M |
| 5 |
S&P Global
SPGI
|
+$245M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Edison International
EIX
|
+$295M |
| 2 |
AutoZone
AZO
|
+$264M |
| 3 |
DXC Technology
DXC
|
+$255M |
| 4 |
Sensient Technologies
SXT
|
+$192M |
| 5 |
eBay
EBAY
|
+$185M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.16% |
| 2 | Healthcare | 14.07% |
| 3 | Financials | 12.97% |
| 4 | Industrials | 11.97% |
| 5 | Communication Services | 11.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Medtronic
MDT
$105B
| $2.35B | 4.33% |
25,858,118
-76,435
| -0.3% | -$7.14M |
|
2
Coca-Cola
KO
$349B
| $1.67B | 3.07% |
35,267,805
-3,660,684
| -9% | -$175M |
|
3
Alphabet (Google) Class A
GOOGL
$3.89T
| $1.37B | 2.52% |
26,196,660
+509,680
| +2% | +$27.5M |
|
4
Aon
AON
$76B
| $1.34B | 2.47% |
9,213,890
+129,033
| +1% | +$20M |
|
5
Cisco
CSCO
$444B
| $1.27B | 2.34% |
29,365,368
-910,463
| -3% | -$41.7M |
|
|
CHL
6
DELISTED
China Mobile Limited
CHL
| $1.2B | 2.21% |
24,975,579
-843,673
| -3% | -$40.6M |
|
7
Analog Devices
ADI
$185B
| $1.08B | 1.98% |
12,541,373
-409,781
| -3% | -$35.4M |
|
8
Microsoft
MSFT
$2.83T
| $972M | 1.79% |
9,569,824
+718,448
| +8% | +$77M |
|
9
NetEase
NTES
$76.9B
| $918M | 1.69% |
19,511,085
+2,227,965
| +13% | +$101M |
|
|
10
Norfolk Southern
NSC
$78.3B
| $861M | 1.58% |
5,755,660
+3,529,526
| +159% | +$581M |
|
11
Accenture
ACN
$84.9B
| $859M | 1.58% |
6,093,403
+818,262
| +16% | +$129M |
|
12
Johnson & Johnson
JNJ
$624B
| $818M | 1.5% |
6,335,364
+565,406
| +10% | +$78.9M |
|
13
Apple
AAPL
$4.72T
| $734M | 1.35% |
18,617,828
-1,210,340
| -6% | -$58.7M |
|
14
Honeywell
HON
$78B
| $692M | 1.27% |
5,556,119
+294,987
| +6% | +$40.3M |
|
15
Lowe's Companies
LOW
$113B
| $649M | 1.2% |
7,031,094
-44,580
| -0.6% | -$4.3M |
|
16
Intercontinental Exchange
ICE
$81B
| $615M | 1.13% |
8,159,196
+578,226
| +8% | +$44.3M |
|
17
Procter & Gamble
PG
$342B
| $614M | 1.13% |
6,675,117
+189,326
| +3% | +$16.9M |
|
18
TSMC
TSM
$2.16T
| $604M | 1.11% |
16,370,806
-3,892,393
| -19% | -$148M |
|
19
Telkom Indonesia
TLK
$14.2B
| $600M | 1.11% |
22,910,769
-594,545
| -3% | -$15.1M |
|
20
America Movil
AMX
$77.9B
| $583M | 1.07% |
40,899,834
-1,906,644
| -4% | -$27.4M |
|
21
ICICI Bank
IBN
$105B
| $559M | 1.03% |
54,278,928
-368,043
| -0.7% | -$3.48M |
|
22
Rockwell Automation
ROK
$51.3B
| $541M | 1% |
3,597,570
-222,270
| -6% | -$37.1M |
|
23
Baidu
BIDU
$36.5B
| $525M | 0.97% |
3,312,819
-136,341
| -4% | -$25.4M |
|
24
Visa
V
$669B
| $522M | 0.96% |
3,957,918
+170,616
| +5% | +$23.6M |
|
25
Motorola Solutions
MSI
$67.6B
| $520M | 0.96% |
4,516,649
-367,739
| -8% | -$45.7M |
|
Similar funds
QCM
Lazard Asset Management's Q4 2018 Portfolio in Review
As of Q4 2018, Lazard Asset Management held 1,149 positions worth $54.3B, down 12% from $61.8B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Lazard Asset Management's Q4 2018 filing shows 106 new, 312 increased, 371 reduced and 129 closed positions. Its largest new stake was Stanley Black & Decker: 675,445 shares worth $80.9M. The largest sale was Edison International, an estimated $295M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 19% a quarter earlier, followed by Healthcare and Financials.
- Lazard Asset Management's largest Q4 2018 buy was Stanley Black & Decker: 675,445 shares worth $80.9M.
- Lazard Asset Management added most to Norfolk Southern in Q4 2018, an estimated $581M increase.
- Lazard Asset Management's biggest Q4 2018 reduction was Edison International, cutting an estimated $295M.
- Lazard Asset Management fully exited Sensient Technologies in Q4 2018, selling an estimated $192M.
- Lazard Asset Management's ten largest holdings make up 24% of its $54.3B portfolio in Q4 2018.
- Lazard Asset Management opened 106 new positions and closed 129 in Q4 2018.
- Lazard Asset Management's portfolio value fell 12% quarter-over-quarter to $54.3B.
Based on Lazard Asset Management's 13F filing for Q4 2018, filed 13 Feb 2019.