Lazard
261 hedge funds and large institutions have $3.63B invested in Lazard in 2021 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 84 increasing their positions, 87 reducing their positions, and 30 closing their positions.
77% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 30
9% more funds holding
Funds holding: 239 → 261 (+22)
1.03% more ownership
Funds ownership: 72.88% → 73.91% (+1%)
4% more capital invested
Capital invested by funds: $3.48B → $3.63B (+$150M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
3% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 87
10% less call options, than puts
Call options by funds: $9.02M | Put options by funds: $10M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
+$59.9M |
| 2 |
Renaissance Technologies
New York
|
+$27.6M |
| 3 |
BlackRock
New York
|
+$25.6M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$23.4M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$81.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$21M |
| 3 |
Barclays
London,
United Kingdom
|
-$20.8M |
| 4 |
Citigroup
New York
|
-$20.1M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$10.3M |
LAZ Hedge Fund Activity: Q1 2021 in Review
261 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q1 2021, worth a combined $3.63B — up 4.3% from $3.48B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new LAZ positions and 30 closed out — a net gain of 23 holders — while 84 added to existing stakes and 87 trimmed.
The largest buyer was Ariel Investments, adding an estimated $59.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $81.6M.
- 261 institutional investors held Lazard (LAZ) as of Q1 2021, up from 239 in Q4 2020.
- Funds reported $3.63B of Lazard stock for Q1 2021, up 4.3% quarter-over-quarter.
- 53 funds opened new Lazard positions in Q1 2021 and 30 closed out, a net change of +23 holders.
- The largest Lazard buyer in Q1 2021 was Ariel Investments, an estimated $59.9M added.
- The largest Lazard seller in Q1 2021 was T. Rowe Price Associates, an estimated $81.6M sold.
Based on aggregated 13F filings for Q1 2021.