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279 hedge funds and large institutions have $4.3B invested in Lazard in 2015 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 127 increasing their positions, 99 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $44.5M | Put options by funds: $26.2M

28% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 99

3.01% less ownership

Funds ownership: 79.71%76.71% (-3%)

4% less funds holding

Funds holding: 290279 (-11)

23% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 39

26% less capital invested

Capital invested by funds: $5.79B → $4.3B (-$1.49B)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
279
Holders Change
-11
Holders Change %
-3.79%
% of All Funds
7.79%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.14%
New
30
Increased
127
Reduced
99
Closed
39
Calls
$44.5M
Puts
$26.2M
Net Calls
+$18.3M
Net Calls Change
-$13.3M
Name Holding Trade Value Shares
Change
Change in
Stake
FA
126
Financial Advantage
Maryland
$2.32M +$139K +2,693 +5%
ATIA
127
American Trust Investment Advisors
New Hampshire
$2.31M -$16.2K -315 -0.6%
VKH
128
Virtu KCG Holdings
New York
$2.28M +$2.26M +43,773 +488%
DRZID
129
DePrince Race & Zollo Inc (DRZ)
Florida
$2.27M -$885K -17,175 -25%
PI
130
PineBridge Investments
New York
$2.25M +$317K +6,160 +13%
PI
131
Putnam Investments
Massachusetts
$2.21M +$2.63M +51,080 New
DCM
132
Dupont Capital Management
Delaware
$2.17M +$907K +17,600 +54%
FQ
133
First Quadrant
California
$2.15M -$3.82M -74,200 -60%
GCP
134
GSA Capital Partners
United Kingdom
$2.13M +$544K +10,566 +27%
SW
135
SVB Wealth
Massachusetts
$1.91M -$170K -3,305 -7%
GC
136
Guggenheim Capital
Illinois
$1.89M +$881K +17,105 +65%
Bessemer Group
137
Bessemer Group
New Jersey
$1.84M +$2.19M +42,497 New
NIT
138
NumerixS Investment Technologies
British Columbia, Canada
$1.83M +$2.17M +42,190 New
VIA
139
Vident Investment Advisory
Georgia
$1.78M +$374K +7,261 +21%
TCM
140
Tradition Capital Management
New Jersey
$1.75M +$116K +2,250 +6%
MPAM
141
Murphy Pohlad Asset Management
Minnesota
$1.72M -$68.5K -1,330 -3%
OC
142
Oppenheimer & Co
New York
$1.7M -$259K -5,026 -11%
DDPIC
143
Deroy & Devereaux Private Investment Counsel
Michigan
$1.69M -$3.5K -68 -0.2%
NIS
144
National Investment Services
Wisconsin
$1.66M +$23.2K +450 +1%
Principal Financial Group
145
Principal Financial Group
Iowa
$1.66M +$1.41M +27,404 +250%
AIG
146
American International Group
New York
$1.64M +$64.8K +1,257 +3%
CIC
147
Carnegie Investment Counsel
Ohio
$1.64M -$287K -5,561 -14%
RAM
148
RWC Asset Management
United Kingdom
$1.63M +$1.02M +19,707 +110%
American Century Companies
149
American Century Companies
Missouri
$1.6M +$129K +2,495 +7%
Janney Montgomery Scott
150
Janney Montgomery Scott
Pennsylvania
$1.55M +$1.84M +35,776 New

LAZ Hedge Fund Activity: Q3 2015 in Review

279 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q3 2015, worth a combined $4.3B — down 26% from $5.79B a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of LAZ and 30 opened new positions — a net loss of 9 holders — while 99 trimmed existing stakes and 127 added.

The largest buyer was WCM Investment Management, adding an estimated $70.7M. The largest seller was Harding Loevner, exiting entirely with an estimated $177M sold.

  • 279 institutional investors held Lazard (LAZ) as of Q3 2015, down from 290 in Q2 2015.
  • Funds reported $4.3B of Lazard stock for Q3 2015, down 26% quarter-over-quarter.
  • 30 funds opened new Lazard positions in Q3 2015 and 39 closed out, a net change of -9 holders.
  • The largest Lazard buyer in Q3 2015 was WCM Investment Management, an estimated $70.7M added.
  • The largest Lazard seller in Q3 2015 was Harding Loevner, an estimated $177M sold.

Based on aggregated 13F filings for Q3 2015.