Lazard
239 hedge funds and large institutions have $3.48B invested in Lazard in 2020 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 67 increasing their positions, 83 reducing their positions, and 24 closing their positions.
117% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 24
32% more capital invested
Capital invested by funds: $2.63B → $3.48B (+$844M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
12% more funds holding
Funds holding: 213 → 239 (+26)
2.19% more ownership
Funds ownership: 70.69% → 72.88% (+2.2%)
8% more call options, than puts
Call options by funds: $8.39M | Put options by funds: $7.77M
19% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 83
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$40.6M |
| 2 |
MWA
Marshall Wace Asia
Central,
Hong Kong
|
+$27.6M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$26M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$20.3M |
| 5 |
JP Morgan Chase
New York
|
+$19.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$79.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$46.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$31.2M |
| 4 |
Barclays
London,
United Kingdom
|
-$17.6M |
| 5 |
Citigroup
New York
|
-$11.8M |
LAZ Hedge Fund Activity: Q4 2020 in Review
239 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q4 2020, worth a combined $3.48B — up 32% from $2.63B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new LAZ positions and 24 closed out — a net gain of 28 holders — while 67 added to existing stakes and 83 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $40.6M. The largest seller was Southeastern Asset Management, cutting an estimated $79.9M.
- 239 institutional investors held Lazard (LAZ) as of Q4 2020, up from 213 in Q3 2020.
- Funds reported $3.48B of Lazard stock for Q4 2020, up 32% quarter-over-quarter.
- 52 funds opened new Lazard positions in Q4 2020 and 24 closed out, a net change of +28 holders.
- The largest Lazard buyer in Q4 2020 was Morgan Stanley, an estimated $40.6M added.
- The largest Lazard seller in Q4 2020 was Southeastern Asset Management, an estimated $79.9M sold.
Based on aggregated 13F filings for Q4 2020.