Lazard
266 hedge funds and large institutions have $3.14B invested in Lazard in 2019 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 76 increasing their positions, 103 reducing their positions, and 47 closing their positions.
76% more call options, than puts
Call options by funds: $11.8M | Put options by funds: $6.72M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less capital invested
Capital invested by funds: $3.3B → $3.14B (-$157M)
1.93% less ownership
Funds ownership: 68.86% → 66.92% (-1.9%)
3% less funds holding
Funds holding: 273 → 266 (-7)
13% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 47
26% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 103
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$91.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$62.9M |
| 3 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$61.6M |
| 4 |
AI
Ariel Investments
Chicago,
Illinois
|
+$22.6M |
| 5 |
Two Sigma Investments
New York
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$66.9M |
| 2 |
Goldman Sachs
New York
|
-$63.3M |
| 3 |
Barclays
London,
United Kingdom
|
-$50.2M |
| 4 |
ClearBridge Investments
New York
|
-$47.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$39.9M |
LAZ Hedge Fund Activity: Q1 2019 in Review
266 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q1 2019, worth a combined $3.14B — down 4.8% from $3.3B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of LAZ and 41 opened new positions — a net loss of 6 holders — while 103 trimmed existing stakes and 76 added.
The largest buyer was Fidelity Investments, adding an estimated $91.8M. The largest seller was AJO LP, exiting entirely with an estimated $66.9M sold.
- 266 institutional investors held Lazard (LAZ) as of Q1 2019, down from 273 in Q4 2018.
- Funds reported $3.14B of Lazard stock for Q1 2019, down 4.8% quarter-over-quarter.
- 41 funds opened new Lazard positions in Q1 2019 and 47 closed out, a net change of -6 holders.
- The largest Lazard buyer in Q1 2019 was Fidelity Investments, an estimated $91.8M added.
- The largest Lazard seller in Q1 2019 was AJO LP, an estimated $66.9M sold.
Based on aggregated 13F filings for Q1 2019.