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341 hedge funds and large institutions have $4.41B invested in Lazard in 2025 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 105 increasing their positions, 104 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

237% more call options, than puts

Call options by funds: $23.3M | Put options by funds: $6.92M

138% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 32

13% more funds holding

Funds holding: 301341 (+40)

3% more capital invested

Capital invested by funds: $4.29B → $4.41B (+$117M)

1% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 104

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.63% less ownership

Funds ownership: 76.77%74.14% (-2.6%)

Holders
341
Holders Change
+40
Holders Change %
+13.29%
% of All Funds
4.48%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
76
Increased
105
Reduced
104
Closed
32
Calls
$23.3M
Puts
$6.92M
Net Calls
+$16.4M
Net Calls Change
+$3.21M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Fund Management (CFM)
76
Capital Fund Management (CFM)
France
$3.97M +$2.54K +47 +0.1%
AQR Capital Management
77
AQR Capital Management
Connecticut
$3.75M +$387K +7,177 +11%
SEI Investments
78
SEI Investments
Pennsylvania
$3.72M +$358K +6,641 +10%
Wells Fargo
79
Wells Fargo
California
$3.51M -$85.5K -1,585 -2%
CGH
80
Crossmark Global Holdings
Texas
$3.4M +$3.48M +64,490 New
Janney Montgomery Scott
81
Janney Montgomery Scott
Pennsylvania
$3.37M +$357K +6,628 +12%
IMRF
82
Illinois Municipal Retirement Fund
Illinois
$3.34M -$16.1K -299 -0.5%
IA
83
Icon Advisers
Colorado
$3.26M -$203K -3,757 -6%
Los Angeles Capital Management
84
Los Angeles Capital Management
California
$3.2M +$3.27M +60,701 New
LPL Financial
85
LPL Financial
California
$3.2M +$1.37M +25,394 +72%
CA
86
Callahan Advisors
Texas
$3.1M -$14.9K -276 -0.5%
FNT
87
First National Trust
Pennsylvania
$3.02M
VBA
88
Van Berkom & Associates
Quebec, Canada
$2.92M +$2.98M +55,331 New
SO
89
STRS Ohio
Ohio
$2.91M -$23.1K -428 -0.8%
JHCP
90
Jackson Hole Capital Partners
Oklahoma
$2.88M +$120K +2,228 +4%
LSC
91
Lesa Sroufe & Co
Washington
$2.79M +$11.7K +217 +0.4%
M&T Bank
92
M&T Bank
New York
$2.59M -$343K -6,354 -11%
MWM
93
Moran Wealth Management
Florida
$2.59M -$266K -4,930 -9%
PWM
94
Paulson Wealth Management
Illinois
$2.57M
Stifel Financial
95
Stifel Financial
Missouri
$2.51M -$4.1M -76,098 -62%
OLA
96
Oliver Luxxe Assets
New Jersey
$2.5M +$43.2K +801 +2%
ATC
97
Argent Trust Co
Tennessee
$2.47M +$7.39K +137 +0.3%
WSFS
98
Wilmington Savings Fund Society
Delaware
$2.43M
ANTB
99
AMG National Trust Bank
Colorado
$2.33M +$14.4K +267 +0.6%
Teacher Retirement System of Texas
100
Teacher Retirement System of Texas
Texas
$2.3M +$392K +7,267 +20%

LAZ Hedge Fund Activity: Q3 2025 in Review

341 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q3 2025, worth a combined $4.41B — up 2.7% from $4.29B a quarter earlier.

Buyers outnumbered sellers: 76 funds opened new LAZ positions and 32 closed out — a net gain of 44 holders — while 105 added to existing stakes and 104 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $45.1M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $34.3M sold.

  • 341 institutional investors held Lazard (LAZ) as of Q3 2025, up from 301 in Q2 2025.
  • Funds reported $4.41B of Lazard stock for Q3 2025, up 2.7% quarter-over-quarter.
  • 76 funds opened new Lazard positions in Q3 2025 and 32 closed out, a net change of +44 holders.
  • The largest Lazard buyer in Q3 2025 was T. Rowe Price Associates, an estimated $45.1M added.
  • The largest Lazard seller in Q3 2025 was Balyasny Asset Management, an estimated $34.3M sold.

Based on aggregated 13F filings for Q3 2025.