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248 hedge funds and large institutions have $3.25B 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 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

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: 14 (+3)

16% more capital invested

Capital invested by funds: $2.81B → $3.25B (+$447M)

2% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 41

1% less funds holding

Funds holding: 251248 (-3)

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

Holders
248
Holders Change
-3
Holders Change %
-1.2%
% of All Funds
6.62%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.11%
New
42
Increased
79
Reduced
99
Closed
41
Calls
$60.2M
Puts
$12.5M
Net Calls
+$47.6M
Net Calls Change
+$21M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$352M -$19.2M -548,773 -5%
AI
2
Ariel Investments
Illinois
$238M +$61.7K +1,764 +0%
WCM Investment Management
3
WCM Investment Management
California
$202M +$10.4M +296,890 +6%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$183M +$12M +342,315 +7%
JP Morgan Chase
5
JP Morgan Chase
New York
$160M +$15.4M +439,097 +11%
Franklin Resources
6
Franklin Resources
California
$99.3M +$1.93M +55,235 +2%
CWAM
7
Columbia Wanger Asset Management
Illinois
$95M -$14.4M -411,315 -14%
VFA
8
Virtus Fund Advisers
Connecticut
$89.8M -$44M -1,258,900 -34%
Morgan Stanley
9
Morgan Stanley
New York
$82.4M +$13.5M +387,261 +21%
SO
10
STRS Ohio
Ohio
$71M -$1.4M -40,000 -2%
Fisher Asset Management
11
Fisher Asset Management
Washington
$66.1M -$1.48M -42,349 -2%
SFM
12
Systematic Financial Management
New Jersey
$61.9M +$12.7M +364,091 +27%
RA
13
Royce & Associates
New York
$61.9M -$5.53M -158,037 -9%
Public Employees Retirement Association of Colorado
14
Public Employees Retirement Association of Colorado
Colorado
$59.4M +$2.55M +72,818 +5%
AllianceBernstein
15
AllianceBernstein
Tennessee
$58.6M -$4.09M -116,974 -7%
AIM
16
abrdn Investment Management
United Kingdom
$58.2M -$63.7M -1,821,862 -53%
State Street
17
State Street
Massachusetts
$57.8M -$610K -17,447 -1%
ClearBridge Investments
18
ClearBridge Investments
New York
$55.3M +$5.49M +156,941 +12%
CI Investments Inc
19
CI Investments Inc
Ontario, Canada
$54.4M +$5.68M +162,450 +12%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$50.3M -$1.56M -44,570 -3%
BFA
21
BlackRock Fund Advisors
California
$49.5M +$2.38M +67,942 +5%
GTP
22
Global Thematic Partners
New York
$49.1M -$5.13M -146,606 -10%
CIP
23
Chartwell Investment Partners
Pennsylvania
$45.7M -$9.96M -284,805 -18%
TA
24
Teachers Advisors
New York
$45.1M +$3.19M +91,374 +8%
PA
25
Pinnacle Associates
New York
$45M +$17.9M +513,363 +71%