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332 hedge funds and large institutions have $4.65B invested in Lazard in 2018 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 107 increasing their positions, 120 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more call options, than puts

Call options by funds: $10.4M | Put options by funds: $9.37M

0.67% more ownership

Funds ownership: 72.61%73.27% (+0.67%)

1% less funds holding

Funds holding: 335332 (-3)

2% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 50

6% less capital invested

Capital invested by funds: $4.95B → $4.65B (-$308M)

11% less repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 120

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

Holders
332
Holders Change
-3
Holders Change %
-0.9%
% of All Funds
7.6%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.14%
New
49
Increased
107
Reduced
120
Closed
50
Calls
$10.4M
Puts
$9.37M
Net Calls
+$1.06M
Net Calls Change
+$7.45M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$532M +$4.94M +93,250 +0.9%
BlackRock
2
BlackRock
New York
$234M +$3.78M +71,463 +2%
AI
3
Ariel Investments
Illinois
$217M -$4.04M -76,399 -2%
Goldman Sachs
4
Goldman Sachs
New York
$210M -$7.45M -140,832 -3%
LSV Asset Management
5
LSV Asset Management
Illinois
$199M +$9.65M +182,346 +5%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$149M +$2.34M +44,224 +1%
AL
7
AJO LP
Pennsylvania
$126M -$574K -10,848 -0.4%
VOYA Investment Management
8
VOYA Investment Management
Georgia
$119M -$13.7M -258,994 -10%
Morgan Stanley
9
Morgan Stanley
New York
$117M -$9.07M -171,329 -7%
Jennison Associates
10
Jennison Associates
New York
$99.2M +$10.9M +205,032 +11%
JP Morgan Chase
11
JP Morgan Chase
New York
$98.2M +$9.63M +182,010 +10%
T. Rowe Price Associates
12
T. Rowe Price Associates
Maryland
$92.1M -$57.6M -1,089,076 -37%
PG
13
Pendal Group
Australia
$90.2M +$97.6M +1,844,877 New
Deutsche Bank
14
Deutsche Bank
Germany
$90.2M -$8.9M -168,211 -8%
AllianceBernstein
15
AllianceBernstein
Tennessee
$87.5M +$14.2M +267,814 +18%
TCIM
16
TIAA CREF Investment Management
New York
$80.7M +$154K +2,909 +0.2%
Barclays
17
Barclays
United Kingdom
$80.2M +$15.4M +290,365 +22%
Norges Bank
18
Norges Bank
Norway
$75.1M
Ameriprise
19
Ameriprise
Minnesota
$74.6M +$5.29M +99,961 +7%
Fisher Asset Management
20
Fisher Asset Management
Washington
$70.8M -$1.6M -30,254 -2%
State Street
21
State Street
Massachusetts
$68.8M -$2.71M -51,151 -4%
ClearBridge Investments
22
ClearBridge Investments
New York
$67M +$104K +1,956 +0.1%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$59.1M +$3.73M +70,450 +6%
SO
24
STRS Ohio
Ohio
$57.5M +$2.43M +46,000 +4%
HP
25
Hosking Partners
United Kingdom
$55.7M +$240K +4,531 +0.4%