Lazard
284 hedge funds and large institutions have $4.4B invested in Lazard in 2017 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 106 increasing their positions, 96 reducing their positions, and 37 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 96
5% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 37
0% less capital invested
Capital invested by funds: $4.41B → $4.4B (-$8.61M)
0% less funds holding
Funds holding: 285 → 284 (-1)
0.71% less ownership
Funds ownership: 73.84% → 73.13% (-0.71%)
5% less call options, than puts
Call options by funds: $19M | Put options by funds: $20M
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$130M |
| 2 |
Barclays
London,
United Kingdom
|
+$57M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.7M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$33.6M |
| 5 |
Two Sigma Advisers
New York
|
+$21.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
-$283M |
| 2 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
-$104M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$33.7M |
| 4 |
JP Morgan Chase
New York
|
-$25M |
| 5 |
AI
Ariel Investments
Chicago,
Illinois
|
-$22.5M |
LAZ Hedge Fund Activity: Q2 2017 in Review
284 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q2 2017, worth a combined $4.4B — down 0.2% from $4.41B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new LAZ positions and 37 closed out — a net gain of 2 holders — while 106 added to existing stakes and 96 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $130M. The largest seller was WCM Investment Management, exiting entirely with an estimated $283M sold.
- 284 institutional investors held Lazard (LAZ) as of Q2 2017, down from 285 in Q1 2017.
- Funds reported $4.4B of Lazard stock for Q2 2017, down 0.2% quarter-over-quarter.
- 39 funds opened new Lazard positions in Q2 2017 and 37 closed out, a net change of +2 holders.
- The largest Lazard buyer in Q2 2017 was LSV Asset Management, an estimated $130M added.
- The largest Lazard seller in Q2 2017 was WCM Investment Management, an estimated $283M sold.
Based on aggregated 13F filings for Q2 2017.