Lazard
290 hedge funds and large institutions have $4.37B invested in Lazard in 2017 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 105 increasing their positions, 104 reducing their positions, and 29 closing their positions.
112% more call options, than puts
Call options by funds: $25.5M | Put options by funds: $12M
31% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 29
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
2% more funds holding
Funds holding: 284 → 290 (+6)
1.33% more ownership
Funds ownership: 73.13% → 74.46% (+1.3%)
1% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 104
1% less capital invested
Capital invested by funds: $4.4B → $4.37B (-$29.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$44.8M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$37.3M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$18M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$17.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$44.4M |
| 2 |
HI
Honeywell International
Charlotte,
North Carolina
|
-$22.3M |
| 3 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$20.5M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$13.9M |
| 5 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$12.7M |
LAZ Hedge Fund Activity: Q3 2017 in Review
290 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q3 2017, worth a combined $4.37B — down 0.68% from $4.4B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new LAZ positions and 29 closed out — a net gain of 9 holders — while 105 added to existing stakes and 104 trimmed.
The largest buyer was Bank of America, adding an estimated $44.8M. The largest seller was Blue Harbour Group, cutting an estimated $44.4M.
- 290 institutional investors held Lazard (LAZ) as of Q3 2017, up from 284 in Q2 2017.
- Funds reported $4.37B of Lazard stock for Q3 2017, down 0.68% quarter-over-quarter.
- 38 funds opened new Lazard positions in Q3 2017 and 29 closed out, a net change of +9 holders.
- The largest Lazard buyer in Q3 2017 was Bank of America, an estimated $44.8M added.
- The largest Lazard seller in Q3 2017 was Blue Harbour Group, an estimated $44.4M sold.
Based on aggregated 13F filings for Q3 2017.