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251 hedge funds and large institutions have $2.81B invested in Lazard in 2016 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 75 increasing their positions, 116 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

147% more call options, than puts

Call options by funds: $44.7M | Put options by funds: $18.1M

4.19% less ownership

Funds ownership: 76.98%72.79% (-4.2%)

7% less funds holding

Funds holding: 270251 (-19)

27% less capital invested

Capital invested by funds: $3.85B → $2.81B (-$1.04B)

35% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 116

36% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 50

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
251
Holders Change
-19
Holders Change %
-7.04%
% of All Funds
6.7%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
32
Increased
75
Reduced
116
Closed
50
Calls
$44.7M
Puts
$18.1M
Net Calls
+$26.6M
Net Calls Change
-$17.2M
Name Holding Trade Value Shares
Change
Change in
Stake
New York State Common Retirement Fund
51
New York State Common Retirement Fund
New York
$9.15M -$1.66M -47,821 -13%
TAM
52
Todd Asset Management
Kentucky
$8.89M -$8.01M -231,221 -44%
RJA
53
Raymond James & Associates
Florida
$8.75M -$1.93M -55,661 -16%
CIC
54
Crawford Investment Counsel
Georgia
$8.23M +$1.89M +54,465 +25%
California State Teachers Retirement System (CalSTRS)
55
California State Teachers Retirement System (CalSTRS)
California
$8.23M +$294K +8,471 +3%
CS
56
Credit Suisse
Switzerland
$8.16M +$2.71M +78,104 +40%
CFB
57
Cullen/Frost Bankers
Texas
$8.14M -$111K -3,193 -1%
Bank of America
58
Bank of America
North Carolina
$8.04M +$2.42M +69,917 +35%
Invesco
59
Invesco
Georgia
$7.83M -$1.9M -54,695 -17%
California Public Employees Retirement System
60
California Public Employees Retirement System
California
$7.65M -$808K -23,300 -8%
AIU
61
Algebris Investments (UK)
United Kingdom
$6.9M +$8.03M +231,621 New
Fifth Third Bancorp
62
Fifth Third Bancorp
Ohio
$6.64M -$1.74M -50,149 -18%
TRSOTSOK
63
Teachers Retirement System of the State of Kentucky
Kentucky
$6.05M -$5.35M -154,400 -43%
State of New Jersey Common Pension Fund D
64
State of New Jersey Common Pension Fund D
New Jersey
$5.96M -$20.8M -600,000 -75%
ECA
65
Endeavour Capital Advisors
Connecticut
$5.91M -$8.51M -245,494 -55%
DekaBank Deutsche Girozentrale
66
DekaBank Deutsche Girozentrale
Germany
$5.46M +$105K +3,020 +2%
Allianz Asset Management
67
Allianz Asset Management
Germany
$5.32M +$1.73M +50,000 +39%
State Board of Administration of Florida Retirement System
68
State Board of Administration of Florida Retirement System
Florida
$5.24M +$753K +21,718 +14%
NFA
69
Nationwide Fund Advisors
Ohio
$5.04M -$84.3K -2,432 -1%
Boston Partners
70
Boston Partners
Massachusetts
$4.97M +$1.72M +49,760 +42%
RAM
71
RWC Asset Management
United Kingdom
$4.85M +$4.13M +119,097 +271%
EA
72
Emerald Acquisition
Washington
$4.85M +$5.65M +162,908 New
CCM
73
Copeland Capital Management
Pennsylvania
$4.17M -$230K -6,645 -5%
PCM
74
Palisade Capital Management
New Jersey
$3.89M -$5.05M -145,788 -53%
HighTower Advisors
75
HighTower Advisors
Illinois
$3.48M -$1.11M -32,134 -22%