Lazard
285 hedge funds and large institutions have $4.41B invested in Lazard in 2017 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 84 increasing their positions, 115 reducing their positions, and 30 closing their positions.
234% more call options, than puts
Call options by funds: $46.5M | Put options by funds: $13.9M
67% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 30
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
18% more capital invested
Capital invested by funds: $3.74B → $4.41B (+$668M)
6% more funds holding
Funds holding: 270 → 285 (+15)
3.74% more ownership
Funds ownership: 70.1% → 73.84% (+3.7%)
27% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 115
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$327M |
| 2 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
+$97.1M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$53.9M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$27.7M |
| 5 |
Barclays
London,
United Kingdom
|
+$25.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$58.3M |
| 2 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$40.1M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$35.3M |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
-$25.9M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$23.5M |
LAZ Hedge Fund Activity: Q1 2017 in Review
285 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q1 2017, worth a combined $4.41B — up 18% from $3.74B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new LAZ positions and 30 closed out — a net gain of 20 holders — while 84 added to existing stakes and 115 trimmed.
The largest buyer was BlackRock, adding an estimated $327M. The largest seller was Columbia Wanger Asset Management, cutting an estimated $58.3M.
- 285 institutional investors held Lazard (LAZ) as of Q1 2017, up from 270 in Q4 2016.
- Funds reported $4.41B of Lazard stock for Q1 2017, up 18% quarter-over-quarter.
- 50 funds opened new Lazard positions in Q1 2017 and 30 closed out, a net change of +20 holders.
- The largest Lazard buyer in Q1 2017 was BlackRock, an estimated $327M added.
- The largest Lazard seller in Q1 2017 was Columbia Wanger Asset Management, an estimated $58.3M sold.
Based on aggregated 13F filings for Q1 2017.