Lazard
213 hedge funds and large institutions have $2.63B invested in Lazard in 2020 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 63 increasing their positions, 78 reducing their positions, and 31 closing their positions.
45% more call options, than puts
Call options by funds: $8.89M | Put options by funds: $6.11M
14% more capital invested
Capital invested by funds: $2.31B → $2.63B (+$327M)
3% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 31
0% more funds holding
Funds holding: 213 → 213 (0)
0.72% less ownership
Funds ownership: 71.41% → 70.69% (-0.72%)
19% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 78
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$28.2M |
| 2 |
Morgan Stanley
New York
|
+$17.1M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$13.9M |
| 4 |
RAM
RWC Asset Management
London,
United Kingdom
|
+$10.6M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$68.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$33.3M |
| 3 |
PA
Pinnacle Associates
New York
|
-$13.5M |
| 4 |
JP Morgan Chase
New York
|
-$9.06M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$5.64M |
LAZ Hedge Fund Activity: Q3 2020 in Review
213 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q3 2020, worth a combined $2.63B — up 14% from $2.31B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new LAZ positions and 31 closed out — a net gain of 1 holder — while 63 added to existing stakes and 78 trimmed.
The largest buyer was Barclays, adding an estimated $28.2M. The largest seller was LSV Asset Management, exiting entirely with an estimated $68.4M sold.
- 213 institutional investors held Lazard (LAZ) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $2.63B of Lazard stock for Q3 2020, up 14% quarter-over-quarter.
- 32 funds opened new Lazard positions in Q3 2020 and 31 closed out, a net change of +1 holder.
- The largest Lazard buyer in Q3 2020 was Barclays, an estimated $28.2M added.
- The largest Lazard seller in Q3 2020 was LSV Asset Management, an estimated $68.4M sold.
Based on aggregated 13F filings for Q3 2020.