Lazard
198 hedge funds and large institutions have $2.12B invested in Lazard in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 68 increasing their positions, 70 reducing their positions, and 32 closing their positions.
152% more call options, than puts
Call options by funds: $8.04M | Put options by funds: $3.2M
2.37% more ownership
Funds ownership: 56.56% → 58.93% (+2.4%)
0% more capital invested
Capital invested by funds: $2.11B → $2.12B (+$10.4M)
3% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 70
6% less funds holding
Funds holding: 210 → 198 (-12)
38% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 32
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$111M |
| 2 |
SG Americas Securities
New York
|
+$18.3M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$17.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$16.4M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$14.7M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
226
Washington Trust
Westerly,
Rhode Island
| – | -$3.31K | -100 | Closed |
|
|
RA
227
Rise Advisors
Rochester,
New York
| – | -$2.27K | -69 | Closed |
|
|
EI
228
Ellevest Inc
New York
| – | -$728 | -22 | Closed |
|
|
BAAM
229
Baker Avenue Asset Management
San Francisco,
California
| – | -$662 | -20 | Closed |
|
230
Comerica Bank
Dallas,
Texas
| – | +$6.63M | +214,573 | New |
|
LAZ Hedge Fund Activity: Q2 2023 in Review
198 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q2 2023, worth a combined $2.12B — up 0.49% from $2.11B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of LAZ and 20 opened new positions — a net loss of 12 holders — while 70 trimmed existing stakes and 68 added.
The largest buyer was Morgan Stanley, adding an estimated $111M. The largest seller was RWC Asset Management, cutting an estimated $26.1M.
- 198 institutional investors held Lazard (LAZ) as of Q2 2023, down from 210 in Q1 2023.
- Funds reported $2.12B of Lazard stock for Q2 2023, up 0.49% quarter-over-quarter.
- 20 funds opened new Lazard positions in Q2 2023 and 32 closed out, a net change of -12 holders.
- The largest Lazard buyer in Q2 2023 was Morgan Stanley, an estimated $111M added.
- The largest Lazard seller in Q2 2023 was RWC Asset Management, an estimated $26.1M sold.
Based on aggregated 13F filings for Q2 2023.