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
+0.67%
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
$88.6B
AUM Growth
-$475M
(-0.53%)
Cap. Flow
-$9.73B
Cap. Flow
% of AUM
-10.98%
Top 10 Holdings %
Top 10 Hldgs %
22.74%
Holding
2,362
New
379
Increased
557
Reduced
819
Closed
219
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.24B |
| 2 |
Sysco
SYY
|
+$265M |
| 3 |
Norfolk Southern
NSC
|
+$188M |
| 4 |
Southwest Airlines
LUV
|
+$143M |
| 5 |
Stevanato
STVN
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$896M |
| 2 |
Microsoft
MSFT
|
+$370M |
| 3 |
McDonald's
MCD
|
+$326M |
| 4 |
Dollar Tree
DLTR
|
+$239M |
| 5 |
Lowe's Companies
LOW
|
+$230M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.9% |
| 2 | Healthcare | 14.62% |
| 3 | Financials | 14.22% |
| 4 | Consumer Discretionary | 9.21% |
| 5 | Industrials | 9.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Alphabet (Google) Class A
GOOGL
$3.89T
| $3.27B | 3.69% |
24,482,840
-1,462,040
| -6% | -$199M |
|
|
2
Microsoft
MSFT
$2.83T
| $3.13B | 3.53% |
11,103,387
-1,272,949
| -10% | -$370M |
|
3
Medtronic
MDT
$105B
| $3.03B | 3.42% |
24,173,730
-425,110
| -2% | -$55M |
|
4
Johnson & Johnson
JNJ
$624B
| $1.66B | 1.88% |
10,308,905
-106,081
| -1% | -$18.1M |
|
5
Aon
AON
$76B
| $1.66B | 1.87% |
5,813,900
-225,921
| -4% | -$60.7M |
|
|
6
Amazon
AMZN
$2.51T
| $1.6B | 1.8% |
9,730,380
+7,200,400
| +285% | +$1.24B |
|
7
Intercontinental Exchange
ICE
$81B
| $1.55B | 1.75% |
13,533,371
-111,233
| -0.8% | -$13.2M |
|
8
Visa
V
$669B
| $1.46B | 1.65% |
6,575,744
+321,748
| +5% | +$75.4M |
|
9
Accenture
ACN
$84.9B
| $1.4B | 1.58% |
4,380,085
+23,037
| +0.5% | +$7.49M |
|
10
Bank of America
BAC
$430B
| $1.38B | 1.56% |
32,514,536
-607,235
| -2% | -$24.5M |
|
11
Analog Devices
ADI
$185B
| $1.33B | 1.5% |
7,931,331
-148,625
| -2% | -$24.9M |
|
12
Thermo Fisher Scientific
TMO
$213B
| $1.19B | 1.35% |
2,086,886
-38,810
| -2% | -$21.3M |
|
13
Honeywell
HON
$78B
| $1.13B | 1.28% |
5,667,409
-14,040
| -0.2% | -$2.99M |
|
|
14
McDonald's
MCD
$187B
| $997M | 1.13% |
4,136,700
-1,367,856
| -25% | -$326M |
|
|
15
Norfolk Southern
NSC
$78.3B
| $967M | 1.09% |
4,040,978
+734,684
| +22% | +$188M |
|
16
Waste Management
WM
$95.3B
| $950M | 1.07% |
6,363,240
-139,704
| -2% | -$20.9M |
|
|
17
Sysco
SYY
$39.1B
| $943M | 1.06% |
12,010,748
+3,478,459
| +41% | +$265M |
|
18
American Express
AXP
$233B
| $934M | 1.05% |
5,573,847
-115,466
| -2% | -$19.3M |
|
|
19
Lowe's Companies
LOW
$113B
| $873M | 0.98% |
4,301,816
-1,154,085
| -21% | -$230M |
|
20
Cisco
CSCO
$444B
| $847M | 0.96% |
15,560,699
-999,758
| -6% | -$56.1M |
|
21
Procter & Gamble
PG
$342B
| $809M | 0.91% |
5,788,453
-168,861
| -3% | -$23.9M |
|
22
Danaher
DHR
$135B
| $809M | 0.91% |
2,997,657
-649
| -0% | -$177K |
|
23
ConocoPhillips
COP
$146B
| $804M | 0.91% |
11,860,268
+49,513
| +0.4% | +$2.86M |
|
24
Texas Instruments
TXN
$260B
| $737M | 0.83% |
3,835,269
-198,463
| -5% | -$37.8M |
|
25
Coca-Cola
KO
$349B
| $721M | 0.81% |
13,733,573
+185,261
| +1% | +$10.3M |
|
Similar funds
QCM
Lazard Asset Management's Q3 2021 Portfolio in Review
As of Q3 2021, Lazard Asset Management held 2,362 positions worth $88.6B, down 0.53% from $89.1B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Lazard Asset Management withdrew a net $9.73B in Q3 2021, closing 219 positions and reducing 819 holdings. Its most notable exit was New Oriental, an estimated $57.9M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Lazard Asset Management opened a new position in Stevanato worth $150M.
- Lazard Asset Management's largest Q3 2021 buy was Stevanato: 5,934,277 shares worth $150M.
- Lazard Asset Management added most to Amazon in Q3 2021, an estimated $1.24B increase.
- Lazard Asset Management's biggest Q3 2021 reduction was Apple, cutting an estimated $896M.
- Lazard Asset Management fully exited New Oriental in Q3 2021, selling an estimated $57.9M.
- Lazard Asset Management's ten largest holdings make up 23% of its $88.6B portfolio in Q3 2021.
- Lazard Asset Management opened 379 new positions and closed 219 in Q3 2021.
- Lazard Asset Management's portfolio value fell 0.53% quarter-over-quarter to $88.6B.
Based on Lazard Asset Management's 13F filing for Q3 2021, filed 15 Nov 2021.