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287 hedge funds and large institutions have $3.81B invested in Lazard in 2025 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 107 increasing their positions, 81 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more call options, than puts

Call options by funds: $10.2M | Put options by funds: $5.49M

32% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 81

6.24% more ownership

Funds ownership: 72.03%78.27% (+6.2%)

4% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 49

2% less funds holding

Funds holding: 294287 (-7)

9% less capital invested

Capital invested by funds: $4.18B → $3.81B (-$366M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
287
Holders Change
-7
Holders Change %
-2.38%
% of All Funds
3.85%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
47
Increased
107
Reduced
81
Closed
49
Calls
$10.2M
Puts
$5.49M
Net Calls
+$4.74M
Net Calls Change
-$9.01M
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
26
First Trust Advisors
Illinois
$31.5M -$317K -6,367 -0.9%
Northern Trust
27
Northern Trust
Illinois
$30.8M +$915K +18,392 +3%
Bank of New York Mellon
28
Bank of New York Mellon
New York
$29.3M -$126K -2,524 -0.4%
NSGL
29
No Street GP LP
California
$28.1M +$3.73M +75,000 +13%
Federated Hermes
30
Federated Hermes
Pennsylvania
$28M +$786K +15,812 +3%
Bank of America
31
Bank of America
North Carolina
$22M +$14M +280,663 +123%
Fidelity International
32
Fidelity International
Bermuda
$16.6M -$1.79M -36,086 -9%
Two Sigma Investments
33
Two Sigma Investments
New York
$16.4M -$15.3M -308,319 -45%
CIC
34
Crawford Investment Counsel
Georgia
$15.8M +$396K +7,958 +2%
Citigroup
35
Citigroup
New York
$15.5M +$866K +17,418 +5%
RIM
36
Ranger Investment Management
Texas
$15.3M -$231K -4,640 -1%
PCM
37
Penn Capital Management
Pennsylvania
$14.6M +$1.25M +25,161 +8%
Envestnet Asset Management
38
Envestnet Asset Management
Illinois
$12.5M +$1.27M +25,480 +10%
New York State Common Retirement Fund
39
New York State Common Retirement Fund
New York
$11.7M -$314K -6,324 -2%
N
40
Nuveen
North Carolina
$11M -$885K -17,799 -7%
UBS Group
41
UBS Group
Switzerland
$10.4M -$3.26M -65,496 -21%
UBS AM
42
UBS AM
Illinois
$10.3M +$917K +18,444 +8%
Susquehanna International Group
43
Susquehanna International Group
Pennsylvania
$10.1M +$3.52M +70,691 +44%
Qube Research & Technologies (QRT)
44
Qube Research & Technologies (QRT)
United Kingdom
$9.51M -$13M -260,750 -54%
OKSA
45
O'Keefe Stevens Advisory
New York
$9.31M +$200K +4,013 +2%
Swedbank
46
Swedbank
Sweden
$8.96M
California Public Employees Retirement System
47
California Public Employees Retirement System
California
$8.79M -$3.43K -69 -0%
BCM
48
Basswood Capital Management
New York
$8.45M -$5.97M -120,021 -38%
CAG
49
Crestwood Advisors Group
Massachusetts
$7.84M -$189K -3,806 -2%
TD Asset Management
50
TD Asset Management
Ontario, Canada
$7.84M -$2.38M -47,790 -21%

LAZ Hedge Fund Activity: Q1 2025 in Review

287 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q1 2025, worth a combined $3.81B — down 8.8% from $4.18B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of LAZ and 47 opened new positions — a net loss of 2 holders — while 81 trimmed existing stakes and 107 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $291M. The largest seller was Capital Research Global Investors, cutting an estimated $31.9M.

  • 287 institutional investors held Lazard (LAZ) as of Q1 2025, down from 294 in Q4 2024.
  • Funds reported $3.81B of Lazard stock for Q1 2025, down 8.8% quarter-over-quarter.
  • 47 funds opened new Lazard positions in Q1 2025 and 49 closed out, a net change of -2 holders.
  • The largest Lazard buyer in Q1 2025 was T. Rowe Price Associates, an estimated $291M added.
  • The largest Lazard seller in Q1 2025 was Capital Research Global Investors, an estimated $31.9M sold.

Based on aggregated 13F filings for Q1 2025.