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287 hedge funds and large institutions have $3.81B invested in Lazard in 2025 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 107 increasing their positions, 81 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more call options, than puts

Call options by funds: $10.2M | Put options by funds: $5.49M

32% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 81

6.24% more ownership

Funds ownership: 72.03%78.27% (+6.2%)

4% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 49

2% less funds holding

Funds holding: 294287 (-7)

9% less capital invested

Capital invested by funds: $4.18B → $3.81B (-$366M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
287
Holders Change
-7
Holders Change %
-2.38%
% of All Funds
3.85%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
47
Increased
107
Reduced
81
Closed
49
Calls
$10.2M
Puts
$5.49M
Net Calls
+$4.74M
Net Calls Change
-$9.01M
Name Holding Trade Value Shares
Change
Change in
Stake
FNT
101
First National Trust
Pennsylvania
$1.52M
SIM
102
SWP Investment Management
Ohio
$1.51M +$1.74M +34,968 New
DFCM
103
Dark Forest Capital Management
Puerto Rico
$1.49M +$493K +9,919 +41%
HPCM
104
Hunter Perkins Capital Management
Illinois
$1.45M +$111K +2,240 +7%
Credit Agricole
105
Credit Agricole
France
$1.43M
MAM
106
Martingale Asset Management
Massachusetts
$1.25M +$99 +2 +0%
CFM
107
Catalyst Funds Management
Australia
$1.25M +$1.43M +28,800 New
Natixis Advisors
108
Natixis Advisors
Massachusetts
$1.21M -$40.4K -812 -3%
OC
109
Oppenheimer & Co
New York
$1.2M -$25.5K -512 -2%
ASRS
110
Arizona State Retirement System
Arizona
$1.12M -$10.8K -218 -0.8%
Truist Financial
111
Truist Financial
North Carolina
$1.08M +$204K +4,102 +20%
Mackenzie Financial
112
Mackenzie Financial
Ontario, Canada
$1.04M +$322K +6,483 +37%
Handelsbanken Fonder
113
Handelsbanken Fonder
Sweden
$1.03M
Zurich Cantonal Bank
114
Zurich Cantonal Bank
Switzerland
$1.02M +$52.5K +1,055 +5%
BCI
115
Brinker Capital Investments
Pennsylvania
$1.01M -$202K -4,068 -15%
OPS
116
Orion Portfolio Solutions
Nebraska
$1.01M -$202K -4,068 -15%
SAM
117
Southeastern Asset Management
Tennessee
$990K
OBGC
118
O'Brien Greene & Co
Pennsylvania
$981K -$216K -4,346 -16%
SBH
119
Segall Bryant & Hamill
Illinois
$961K
NSIM
120
North Star Investment Management
Illinois
$953K -$73.5K -1,479 -6%
Cetera Investment Advisers
121
Cetera Investment Advisers
Illinois
$946K +$383K +7,710 +55%
Manulife (Manufacturers Life Insurance)
122
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$927K +$107K +2,148 +11%
AGP
123
Autumn Glory Partners
Texas
$912K
GLR
124
Great Lakes Retirement
Ohio
$905K +$95.8K +1,926 +10%
Carson Wealth (CWM LLC)
125
Carson Wealth (CWM LLC)
Nebraska
$847K +$17.1K +343 +2%

LAZ Hedge Fund Activity: Q1 2025 in Review

287 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q1 2025, worth a combined $3.81B — down 8.8% from $4.18B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of LAZ and 47 opened new positions — a net loss of 2 holders — while 81 trimmed existing stakes and 107 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $291M. The largest seller was Capital Research Global Investors, cutting an estimated $31.9M.

  • 287 institutional investors held Lazard (LAZ) as of Q1 2025, down from 294 in Q4 2024.
  • Funds reported $3.81B of Lazard stock for Q1 2025, down 8.8% quarter-over-quarter.
  • 47 funds opened new Lazard positions in Q1 2025 and 49 closed out, a net change of -2 holders.
  • The largest Lazard buyer in Q1 2025 was T. Rowe Price Associates, an estimated $291M added.
  • The largest Lazard seller in Q1 2025 was Capital Research Global Investors, an estimated $31.9M sold.

Based on aggregated 13F filings for Q1 2025.