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286 hedge funds and large institutions have $5B invested in Lazard in 2014 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 121 increasing their positions, 95 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 29

27% more repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 95

2% more funds holding

Funds holding: 281286 (+5)

0.54% less ownership

Funds ownership: 76.55%76.02% (-0.54%)

3% less capital invested

Capital invested by funds: $5.13B → $5B (-$131M)

41% less call options, than puts

Call options by funds: $6.21M | Put options by funds: $10.4M

45% less funds holding in top 10

Funds holding in top 10: 116 (-5)

Holders
286
Holders Change
+5
Holders Change %
+1.78%
% of All Funds
8.3%
Holding in Top 10
6
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-45.45%
% of All Funds
0.17%
New
38
Increased
121
Reduced
95
Closed
29
Calls
$6.21M
Puts
$10.4M
Net Calls
-$4.24M
Net Calls Change
-$3.32M
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
51
Ameriprise
Minnesota
$17.8M -$23.6M -449,607 -56%
QI
52
QS Investors
New York
$17.7M +$14.3M +272,620 +355%
PCM
53
Palisade Capital Management
New Jersey
$17.5M +$2.29M +43,790 +15%
U
54
UBS
Switzerland
$17.3M +$4.69M +89,427 +35%
Balyasny Asset Management
55
Balyasny Asset Management
Illinois
$16.8M -$1.66M -31,600 -9%
NFA
56
Nationwide Fund Advisors
Ohio
$16.5M -$3.69M -70,473 -18%
CCM
57
Copeland Capital Management
Pennsylvania
$15.8M +$1.36M +25,886 +9%
Wellington Management Group
58
Wellington Management Group
Massachusetts
$15.3M -$450K -8,584 -3%
RFC
59
Russell Frank Company
Washington
$15.3M +$4.31M +82,184 +38%
Northern Trust
60
Northern Trust
Illinois
$14M -$1.79M -34,239 -11%
Wells Fargo
61
Wells Fargo
California
$13.7M -$1.07M -20,468 -7%
GT
62
Glenmede Trust
Pennsylvania
$13.5M +$8.93M +170,360 +176%
JAM
63
Jupiter Asset Management
United Kingdom
$13.2M -$524K -10,000 -4%
TAM
64
Tocqueville Asset Management
New York
$12.8M -$224K -4,265 -2%
PNC Financial Services Group
65
PNC Financial Services Group
Pennsylvania
$12.8M +$18.8K +359 +0.1%
ACH
66
ArrowMark Colorado Holdings
Colorado
$12.8M -$3.8M -72,500 -22%
Bank of New York Mellon
67
Bank of New York Mellon
New York
$12.6M +$379K +7,235 +3%
American Century Companies
68
American Century Companies
Missouri
$12.4M -$55K -1,050 -0.4%
Prudential Financial
69
Prudential Financial
New Jersey
$12.1M +$8.06M +153,851 +181%
CFB
70
Cullen/Frost Bankers
Texas
$12M +$30.7K +585 +0.2%
BA
71
Boston Advisors
Massachusetts
$11.6M +$6.97M +133,031 +140%
California State Teachers Retirement System (CalSTRS)
72
California State Teachers Retirement System (CalSTRS)
California
$11.6M +$131K +2,495 +1%
WI
73
Wafra Inc
New York
$11.5M +$7.27M +138,780 +158%
MAM
74
Martingale Asset Management
Massachusetts
$9.62M -$13.1K -250 -0.1%
Two Sigma Advisers
75
Two Sigma Advisers
New York
$9.51M +$3.93M +74,900 +66%

LAZ Hedge Fund Activity: Q3 2014 in Review

286 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q3 2014, worth a combined $5B — down 2.6% from $5.13B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new LAZ positions and 29 closed out — a net gain of 9 holders — while 121 added to existing stakes and 95 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $66.2M. The largest seller was Neuberger Berman Group, cutting an estimated $138M.

  • 286 institutional investors held Lazard (LAZ) as of Q3 2014, up from 281 in Q2 2014.
  • Funds reported $5B of Lazard stock for Q3 2014, down 2.6% quarter-over-quarter.
  • 38 funds opened new Lazard positions in Q3 2014 and 29 closed out, a net change of +9 holders.
  • The largest Lazard buyer in Q3 2014 was Fidelity Investments, an estimated $66.2M added.
  • The largest Lazard seller in Q3 2014 was Neuberger Berman Group, an estimated $138M sold.

Based on aggregated 13F filings for Q3 2014.