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270 hedge funds and large institutions have $3.85B invested in Lazard in 2016 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 108 increasing their positions, 102 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

660% more call options, than puts

Call options by funds: $50.4M | Put options by funds: $6.63M

6% more repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 102

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2.27% less ownership

Funds ownership: 79.25%76.98% (-2.3%)

3% less funds holding

Funds holding: 278270 (-8)

17% less capital invested

Capital invested by funds: $4.62B → $3.85B (-$770M)

20% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 40

Holders
270
Holders Change
-8
Holders Change %
-2.88%
% of All Funds
7.2%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
32
Increased
108
Reduced
102
Closed
40
Calls
$50.4M
Puts
$6.63M
Net Calls
+$43.8M
Net Calls Change
+$5.78M
Name Holding Trade Value Shares
Change
Change in
Stake
EMR
126
Errol M. Rudman
$1.94M -$2.15M -59,990 -55%
Royal Bank of Canada
127
Royal Bank of Canada
Ontario, Canada
$1.91M -$16.2M -451,837 -90%
SW
128
SVB Wealth
Massachusetts
$1.86M -$253K -7,043 -13%
BIM
129
BlackRock Investment Management
Delaware
$1.77M -$564K -15,726 -26%
SG Americas Securities
130
SG Americas Securities
New York
$1.72M +$1.38M +38,369 +638%
RAM
131
RWC Asset Management
United Kingdom
$1.7M +$175K +4,863 +12%
CCM
132
Cadence Capital Management
Massachusetts
$1.7M +$989K +27,561 +169%
AB
133
AT Bancorp
Iowa
$1.68M +$396K +11,023 +34%
Susquehanna International Group
134
Susquehanna International Group
Pennsylvania
$1.65M -$3.87M -107,748 -72%
OC
135
Oppenheimer & Co
New York
$1.64M +$86K +2,397 +6%
TCM
136
Twin Capital Management
Pennsylvania
$1.63M -$4.67K -130 -0.3%
GCP
137
GSA Capital Partners
United Kingdom
$1.46M +$299K +8,326 +28%
DDPIC
138
Deroy & Devereaux Private Investment Counsel
Michigan
$1.41M -$44.9K -1,250 -3%
SSB
139
Sandy Spring Bank
Maryland
$1.39M +$170K +4,747 +15%
Natixis Advisors
140
Natixis Advisors
Massachusetts
$1.38M +$1.27M +35,435 New
Robeco Institutional Asset Management
141
Robeco Institutional Asset Management
Netherlands
$1.36M -$538K -15,000 -30%
CIC
142
Carnegie Investment Counsel
Ohio
$1.36M +$15.5K +433 +1%
DCM
143
Dupont Capital Management
Delaware
$1.35M -$553K -15,400 -31%
TCM
144
Tradition Capital Management
New Jersey
$1.31M -$235K -6,535 -16%
GIM
145
Groesbeck Investment Management
New Jersey
$1.22M +$1.13M +31,500 New
BF
146
BOK Financial
Oklahoma
$1.22M +$282K +7,863 +33%
HSBC Holdings
147
HSBC Holdings
United Kingdom
$1.21M -$1.25M -34,938 -53%
NIT
148
NumerixS Investment Technologies
British Columbia, Canada
$1.17M -$226K -6,305 -17%
NIPH
149
NN Investment Partners Holdings
Netherlands
$1.1M +$1.02M +28,300 New
CS
150
Candriam SCA
Luxembourg
$1.09M +$1.02M +28,300 New