331 hedge funds and large institutions have $4.3B invested in Lazard in 2025 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 117 increasing their positions, 97 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
331
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$16.7M
Puts
$3.98M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Cambridge Investment Research Advisors
201
Cambridge Investment Research Advisors
Iowa
$315K
X
202
Xponance
Pennsylvania
$313K
ICA
203
Infrastructure Capital Advisors
New York
$311K
BNP Paribas Financial Markets
204
BNP Paribas Financial Markets
France
$310K
AC
205
AXQ Capital
New Jersey
$302K
BC
206
Bayforest Capital
United Kingdom
$295K
AC
207
Armistice Capital
New York
$294K
PCG
208
Prosperity Consulting Group
Maryland
$293K
EFG
209
Everhart Financial Group
Ohio
$287K
Amundi
210
Amundi
France
$278K
RIL
211
Rothschild Investment LLC
Illinois
$269K
AG
212
Ascent Group
Virginia
$266K
URS
213
Utah Retirement Systems
Utah
$238K
1CM
214
1492 Capital Management
Wisconsin
$236K
M1FG
215
Mach-1 Financial Group
Arkansas
$236K
Jones Financial Companies
216
Jones Financial Companies
Missouri
$234K
GRP
217
Global Retirement Partners
California
$230K
Ensign Peak Advisors
218
Ensign Peak Advisors
Utah
$228K
AAM
219
Advisors Asset Management
Colorado
$227K
BHPW
220
Beverly Hills Private Wealth
California
$224K
MSRPS
221
Maryland State Retirement & Pension System
Maryland
$223K
BHCM
222
Brevan Howard Capital Management
Jersey
$220K
SCM
223
Sterling Capital Management
North Carolina
$219K
KWMG
224
King Wealth Management Group
Florida
$219K
LFG
225
Lazard Frères Gestion
France
$218K