Lazard
249 hedge funds and large institutions have $3.35B invested in Lazard in 2016 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 79 increasing their positions, 99 reducing their positions, and 40 closing their positions.
380% more call options, than puts
Call options by funds: $60.2M | Put options by funds: $12.5M
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
19% more capital invested
Capital invested by funds: $2.82B → $3.35B (+$536M)
5% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 40
1% less funds holding
Funds holding: 251 → 249 (-2)
1.72% less ownership
Funds ownership: 72.79% → 71.07% (-1.7%)
20% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 99
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$25.7M |
| 2 |
DK
Darrell & King
Charlottesville,
Virginia
|
+$23.6M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$20.2M |
| 4 |
PA
Pinnacle Associates
New York
|
+$17.9M |
| 5 |
JP Morgan Chase
New York
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$63.7M |
| 2 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$44M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$38.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$19.2M |
| 5 |
Two Sigma Investments
New York
|
-$17M |
LAZ Hedge Fund Activity: Q3 2016 in Review
249 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q3 2016, worth a combined $3.35B — up 19% from $2.82B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new LAZ positions and 40 closed out — a net gain of 2 holders — while 79 added to existing stakes and 99 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $25.7M. The largest seller was abrdn Investment Management, cutting an estimated $63.7M.
- 249 institutional investors held Lazard (LAZ) as of Q3 2016, down from 251 in Q2 2016.
- Funds reported $3.35B of Lazard stock for Q3 2016, up 19% quarter-over-quarter.
- 42 funds opened new Lazard positions in Q3 2016 and 40 closed out, a net change of +2 holders.
- The largest Lazard buyer in Q3 2016 was Schroder Investment Management Group, an estimated $25.7M added.
- The largest Lazard seller in Q3 2016 was abrdn Investment Management, an estimated $63.7M sold.
Based on aggregated 13F filings for Q3 2016.