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278 hedge funds and large institutions have $4.62B invested in Lazard in 2015 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 113 increasing their positions, 104 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

455% more call options, than puts

Call options by funds: $46.3M | Put options by funds: $8.34M

7% more capital invested

Capital invested by funds: $4.3B → $4.62B (+$313M)

2.54% more ownership

Funds ownership: 76.71%79.25% (+2.5%)

9% more repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 104

0% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 35

0% less funds holding

Funds holding: 279278 (-1)

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
278
Holders Change
-1
Holders Change %
-0.36%
% of All Funds
7.29%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.05%
New
35
Increased
113
Reduced
104
Closed
35
Calls
$46.3M
Puts
$8.34M
Net Calls
+$38M
Net Calls Change
+$19.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
51
Goldman Sachs
New York
$25.3M -$4.54M -99,119 -15%
Citigroup
52
Citigroup
New York
$25.2M +$7.02M +153,173 +38%
Royal Bank of Canada
53
Royal Bank of Canada
Ontario, Canada
$22.5M +$14.8M +323,468 +182%
Wells Fargo
54
Wells Fargo
California
$22.1M +$1.34M +29,183 +6%
Renaissance Technologies
55
Renaissance Technologies
New York
$20.9M +$15.5M +338,200 +267%
New York State Common Retirement Fund
56
New York State Common Retirement Fund
New York
$20.3M +$1.95M +42,597 +10%
CCM
57
Channing Capital Management
Illinois
$20M -$78.1K -1,704 -0.4%
Two Sigma Advisers
58
Two Sigma Advisers
New York
$19.9M +$4.71M +102,741 +30%
Fifth Third Bancorp
59
Fifth Third Bancorp
Ohio
$19.3M -$2.44M -53,295 -11%
TAM
60
Todd Asset Management
Kentucky
$19M -$2.39M -52,061 -11%
ECA
61
Endeavour Capital Advisors
Connecticut
$18.9M -$6.74M -147,168 -26%
RJFSA
62
Raymond James Financial Services Advisors
Florida
$18.9M +$16M +348,856 +489%
AI
63
Axiom Investors
Connecticut
$17.4M -$3.13M -68,409 -15%
RJA
64
Raymond James & Associates
Florida
$16.9M +$12M +261,525 +230%
TRSOTSOK
65
Teachers Retirement System of the State of Kentucky
Kentucky
$16.1M -$2.49M -54,400 -13%
HJMC
66
Hellman Jordan Management Company
Massachusetts
$14.7M -$331K -7,231 -2%
PNC Financial Services Group
67
PNC Financial Services Group
Pennsylvania
$14.6M -$1.92K -42 -0%
PCM
68
Palisade Capital Management
New Jersey
$14.1M -$4.2M -91,688 -23%
MPAM
69
Monarch Partners Asset Management
Massachusetts
$14M +$14.3M +311,317 New
Prudential Financial
70
Prudential Financial
New Jersey
$13.5M +$573K +12,500 +4%
California Public Employees Retirement System
71
California Public Employees Retirement System
California
$12.4M -$174K -3,800 -1%
CFB
72
Cullen/Frost Bankers
Texas
$12.2M +$659K +14,386 +6%
Schroder Investment Management Group
73
Schroder Investment Management Group
United Kingdom
$12.2M +$12.4M +270,200 New
O
74
OppenheimerFunds
New York
$12M -$5.09M -111,140 -29%
SI
75
Scout Investments
Missouri
$11.5M +$11.7M +256,402 New

LAZ Hedge Fund Activity: Q4 2015 in Review

278 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q4 2015, worth a combined $4.62B — up 7.3% from $4.3B a quarter earlier.

Fund positioning in LAZ was balanced in Q4 2015: 35 funds opened new positions, 35 closed out, 113 added to existing stakes and 104 trimmed.

The largest buyer was William Blair Investment Management, opening a new position worth an estimated $104M. The largest seller was Capital Growth Management, cutting an estimated $64.8M.

  • 278 institutional investors held Lazard (LAZ) as of Q4 2015, down from 279 in Q3 2015.
  • Funds reported $4.62B of Lazard stock for Q4 2015, up 7.3% quarter-over-quarter.
  • 35 funds opened new Lazard positions in Q4 2015 and 35 closed out, a net change of 0 holders.
  • The largest Lazard buyer in Q4 2015 was William Blair Investment Management, an estimated $104M added.
  • The largest Lazard seller in Q4 2015 was Capital Growth Management, an estimated $64.8M sold.

Based on aggregated 13F filings for Q4 2015.