Lazard
241 hedge funds and large institutions have $2.97B invested in Lazard in 2019 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 65 increasing their positions, 101 reducing their positions, and 40 closing their positions.
13.87% more ownership
Funds ownership: 65.57% → 79.44% (+14%)
2% more capital invested
Capital invested by funds: $2.93B → $2.97B (+$44.9M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9% less call options, than puts
Call options by funds: $11.3M | Put options by funds: $12.4M
5% less funds holding
Funds holding: 253 → 241 (-12)
25% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 40
36% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 101
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$20.2M |
| 2 |
Citigroup
New York
|
+$19.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$13M |
| 4 |
RA
Royce & Associates
New York
|
+$6.69M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$6.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$16.7M |
| 2 |
SO
STRS Ohio
Columbus,
Ohio
|
-$15.6M |
| 3 |
LCM
Lomas Capital Management
New York
|
-$14.1M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$11.9M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.89M |
LAZ Hedge Fund Activity: Q3 2019 in Review
241 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q3 2019, worth a combined $2.97B — up 1.5% from $2.93B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of LAZ and 30 opened new positions — a net loss of 10 holders — while 101 trimmed existing stakes and 65 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $20.2M. The largest seller was Invesco, cutting an estimated $16.7M.
- 241 institutional investors held Lazard (LAZ) as of Q3 2019, down from 253 in Q2 2019.
- Funds reported $2.97B of Lazard stock for Q3 2019, up 1.5% quarter-over-quarter.
- 30 funds opened new Lazard positions in Q3 2019 and 40 closed out, a net change of -10 holders.
- The largest Lazard buyer in Q3 2019 was T. Rowe Price Associates, an estimated $20.2M added.
- The largest Lazard seller in Q3 2019 was Invesco, an estimated $16.7M sold.
Based on aggregated 13F filings for Q3 2019.