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335 hedge funds and large institutions have $4.31B invested in Lazard in 2025 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 118 increasing their positions, 98 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

320% more call options, than puts

Call options by funds: $16.7M | Put options by funds: $3.98M

20% more repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 98

4.55% more ownership

Funds ownership: 74.14%78.68% (+4.5%)

4% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 52

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less capital invested

Capital invested by funds: $4.41B → $4.31B (-$104M)

2% less funds holding

Funds holding: 341335 (-6)

Holders
335
Holders Change
-6
Holders Change %
-1.76%
% of All Funds
4.07%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
54
Increased
118
Reduced
98
Closed
52
Calls
$16.7M
Puts
$3.98M
Net Calls
+$12.7M
Net Calls Change
-$3.65M
Name Holding Trade Value Shares
Change
Change in
Stake
Squarepoint
51
Squarepoint
New York
$9.57M +$9.84M +197,134 New
CAG
52
Crestwood Advisors Group
Massachusetts
$9.56M +$659K +13,199 +7%
AMI
53
Amica Mutual Insurance
Rhode Island
$9.22M +$3.59M +71,875 +61%
Swiss National Bank
54
Swiss National Bank
Switzerland
$9.03M +$175K +3,500 +2%
California Public Employees Retirement System
55
California Public Employees Retirement System
California
$9.02M -$493K -9,886 -5%
BF
56
BOK Financial
Oklahoma
$8.99M -$1.76M -35,247 -16%
SOADOR
57
State of Alaska Department of Revenue
Alaska
$8.81M +$510K +10,211 +6%
BWS
58
Buck Wealth Strategies
Colorado
$8.79M +$9.03M +180,962 New
TD Asset Management
59
TD Asset Management
Ontario, Canada
$8.69M +$387K +7,751 +5%
PUI
60
Purpose Unlimited Inc
$8.57M +$8.81M +176,526 New
DFCM
61
Dark Forest Capital Management
Puerto Rico
$8.47M +$7.78M +155,909 +842%
Two Sigma Advisers
62
Two Sigma Advisers
New York
$7.53M +$1.12M +22,500 +17%
JP Morgan Chase
63
JP Morgan Chase
New York
$7.03M +$782K +15,675 +12%
Russell Investments Group
64
Russell Investments Group
United Kingdom
$6.53M -$215K -4,309 -3%
Point72 Asset Management
65
Point72 Asset Management
Connecticut
$6.53M +$1.2M +24,131 +22%
Capital Fund Management (CFM)
66
Capital Fund Management (CFM)
France
$6.53M +$2.95M +59,214 +79%
NAMI
67
Nomura Asset Management International
Pennsylvania
$6.25M +$6.42M +128,617 New
ECM
68
ExodusPoint Capital Management
New York
$6.07M +$6.24M +125,005 New
CI
69
Cambiar Investors
Colorado
$5.97M +$717K +14,374 +13%
FM
70
Freemont Management
Switzerland
$5.64M +$3.85M +77,100 +197%
State of Wisconsin Investment Board
71
State of Wisconsin Investment Board
Wisconsin
$5.18M -$27.6K -554 -0.5%
State Board of Administration of Florida Retirement System
72
State Board of Administration of Florida Retirement System
Florida
$5.16M -$358K -7,170 -6%
Focus Partners Wealth
73
Focus Partners Wealth
Massachusetts
$4.89M +$6.09K +122 +0.1%
D.E. Shaw & Co
74
D.E. Shaw & Co
New York
$4.7M -$2.25M -45,068 -32%
Legal & General Group
75
Legal & General Group
United Kingdom
$4.49M -$434K -8,696 -9%