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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
SOADOR
201
State of Alaska Department of Revenue
Alaska
$394K +$365K +10,160 New
Nordea Investment Management
202
Nordea Investment Management
Sweden
$381K +$352K +9,815 New
MAM
203
Meeder Asset Management
Ohio
$367K
HCM
204
Herndon Capital Management
Georgia
$363K +$1.33K +37 +0.4%
AIG
205
American International Group
New York
$323K -$1.49M -41,613 -83%
PMG
206
ProVise Management Group
Florida
$322K -$147K -4,100 -33%
US Bancorp
207
US Bancorp
Minnesota
$314K -$44.7K -1,245 -13%
Legal & General Group
208
Legal & General Group
United Kingdom
$306K +$72.3K +2,015 +34%
AG
209
Aperio Group
California
$303K -$17.9K -498 -6%
FAAS
210
First Allied Advisory Services
California
$296K +$37.8K +1,054 +16%
B
211
Barings
North Carolina
$291K
Commonwealth Equity Services
212
Commonwealth Equity Services
Massachusetts
$290K +$13.6K +379 +5%
BSA
213
Braun Stacey Associates
New York
$283K
CEP
214
Chicago Equity Partners
Illinois
$281K -$914K -25,465 -78%
CCM
215
Coldstream Capital Management
Washington
$269K +$249K +6,930 New
Group One Trading
216
Group One Trading
Illinois
$263K -$111K -3,102 -31%
EMFAT
217
Emerald Mutual Fund Advisers Trust
Pennsylvania
$255K +$57.8K +1,611 +32%
BTS
218
BB&T Securities
Virginia
$254K +$44.9K +1,251 +24%
LTFS
219
Ladenburg Thalmann Financial Services
Florida
$240K +$21.7K +604 +11%
Manulife (Manufacturers Life Insurance)
220
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$238K -$1.17M -32,606 -85%
HIM
221
Hillsdale Investment Management
Ontario, Canada
$237K
Cetera Investment Advisers
222
Cetera Investment Advisers
Illinois
$232K -$326K -9,073 -60%
ASN
223
Advisory Services Network
Georgia
$227K +$5.81K +162 +3%
JG
224
Jefferies Group
New York
$224K -$146K -4,054 -41%
Simplex Trading
225
Simplex Trading
Illinois
$219K -$276K -7,688 -58%