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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
CS
76
Credit Suisse
Switzerland
$11.3M -$7.43M -162,218 -39%
TAM
77
Tocqueville Asset Management
New York
$11M -$10.1K -220 -0.1%
JHIU
78
Janus Henderson Investors US
Colorado
$10.5M -$4.7M -102,500 -30%
California State Teachers Retirement System (CalSTRS)
79
California State Teachers Retirement System (CalSTRS)
California
$10.5M +$171K +3,727 +2%
RFC
80
Russell Frank Company
Washington
$10.3M +$574K +12,521 +6%
CCM
81
Copeland Capital Management
Pennsylvania
$9.93M -$82.6K -1,803 -0.8%
CIC
82
Crawford Investment Counsel
Georgia
$9.24M +$496K +10,828 +6%
DekaBank Deutsche Girozentrale
83
DekaBank Deutsche Girozentrale
Germany
$9.11M -$9.04M -197,245 -50%
PG
84
PEAK6 Group
Illinois
$8.86M +$8.06M +175,885 +837%
NFA
85
Nationwide Fund Advisors
Ohio
$7.83M -$871K -19,010 -10%
Millennium Management
86
Millennium Management
New York
$7.69M +$3.78M +82,472 +93%
AWCI
87
Alpine Woods Capital Investors
New York
$7.52M +$976K +21,300 +15%
State Board of Administration of Florida Retirement System
88
State Board of Administration of Florida Retirement System
Florida
$7.22M -$64K -1,398 -0.9%
Susquehanna International Group
89
Susquehanna International Group
Pennsylvania
$6.76M +$1.83M +39,886 +36%
SFM
90
Signet Financial Management
New Jersey
$6.76M +$266K +5,810 +4%
BIM
91
Bridgecreek Investment Management
Oklahoma
$6.6M +$1.87M +40,895 +39%
Handelsbanken Fonder
92
Handelsbanken Fonder
Sweden
$6.3M +$6.41M +140,000 New
HighTower Advisors
93
HighTower Advisors
Illinois
$5.9M +$640K +13,963 +12%
PGFC
94
Peapack-Gladstone Financial Corp
New Jersey
$5.82M -$506K -11,035 -8%
RhumbLine Advisers
95
RhumbLine Advisers
Massachusetts
$5.35M +$53.8K +1,175 +1%
SBIA
96
Sheaff Brock Investment Advisors
Indiana
$5.3M +$5.39M +117,720 New
QC
97
Quadrature Capital
United Kingdom
$5.25M +$5.34M +116,556 New
MAM
98
Martingale Asset Management
Massachusetts
$5.24M -$2.18M -47,559 -29%
EMR
99
Errol M. Rudman
$4.95M -$242K -5,275 -5%
NIP
100
Nicholas Investment Partners
California
$4.67M -$1.84M -40,230 -28%

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.