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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
BPC
126
Banque Pictet & Cie
Switzerland
$771K +$885K +17,803 New
Deutsche Bank
127
Deutsche Bank
Germany
$767K -$1.92M -38,574 -69%
KK
128
KLP Kapitalforvaltning
Norway
$745K -$59.7K -1,200 -7%
CA
129
Calton & Associates
Florida
$719K +$1.28M +25,725 New
AAS
130
Avantax Advisory Services
Texas
$630K +$18.6K +375 +3%
X
131
Xponance
Pennsylvania
$627K +$24.5K +492 +4%
Ensign Peak Advisors
132
Ensign Peak Advisors
Utah
$622K +$255K +5,134 +56%
AG
133
Ascent Group
Virginia
$614K +$182K +3,668 +35%
IMRF
134
Illinois Municipal Retirement Fund
Illinois
$612K
VF
135
Virtu Financial
New York
$598K +$687K +13,810 New
EMPI
136
Elo Mutual Pension Insurance
Finland
$587K +$674K +13,553 New
Pictet Asset Management
137
Pictet Asset Management
Switzerland
$584K +$37.1K +747 +6%
PAM
138
Paradigm Asset Management
New York
$567K
Wolverine Trading
139
Wolverine Trading
Illinois
$562K +$59.9K +1,204 +10%
I
140
InceptionR
California
$561K -$35.8K -720 -5%
Neuberger Berman Group
141
Neuberger Berman Group
New York
$555K
AQR Capital Management
142
AQR Capital Management
Connecticut
$544K +$355K +7,144 +132%
GHAM
143
Gilman Hill Asset Management
Connecticut
$534K +$127K +2,550 +26%
CA
144
Claro Advisors
Massachusetts
$518K +$2.79K +56 +0.5%
Baird Financial Group
145
Baird Financial Group
Wisconsin
$503K +$45.4K +913 +9%
Creative Planning
146
Creative Planning
Kansas
$503K +$138K +2,777 +31%
Comerica Bank
147
Comerica Bank
Texas
$497K -$35.3K -709 -6%
National Bank of Canada
148
National Bank of Canada
Quebec, Canada
$487K +$437K +8,785 +358%
NW
149
NewEdge Wealth
Pennsylvania
$479K -$6.46K -130 -1%
CB
150
Commerce Bank
Missouri
$473K +$57.7K +1,160 +12%

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.