Lazard
240 hedge funds and large institutions have $3.68B invested in Lazard in 2021 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 70 increasing their positions, 88 reducing their positions, and 39 closing their positions.
0% more capital invested
Capital invested by funds: $3.66B → $3.68B (+$16.2M)
0.56% less ownership
Funds ownership: 71.72% → 71.16% (-0.56%)
1% less call options, than puts
Call options by funds: $8.13M | Put options by funds: $8.18M
8% less funds holding
Funds holding: 260 → 240 (-20)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
20% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 88
44% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$41.4M |
| 2 |
EIP
Epoch Investment Partners
New York
|
+$34.4M |
| 3 |
Morgan Stanley
New York
|
+$25.6M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$17.2M |
| 5 |
AI
Ariel Investments
Chicago,
Illinois
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$31.9M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$26.7M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$13.4M |
| 4 |
RA
Royce & Associates
New York
|
-$11.5M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$9.99M |
LAZ Hedge Fund Activity: Q3 2021 in Review
240 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q3 2021, worth a combined $3.68B — up 0.44% from $3.66B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of LAZ and 22 opened new positions — a net loss of 17 holders — while 88 trimmed existing stakes and 70 added.
The largest buyer was Southeastern Asset Management, adding an estimated $41.4M. The largest seller was JP Morgan Chase, cutting an estimated $31.9M.
- 240 institutional investors held Lazard (LAZ) as of Q3 2021, down from 260 in Q2 2021.
- Funds reported $3.68B of Lazard stock for Q3 2021, up 0.44% quarter-over-quarter.
- 22 funds opened new Lazard positions in Q3 2021 and 39 closed out, a net change of -17 holders.
- The largest Lazard buyer in Q3 2021 was Southeastern Asset Management, an estimated $41.4M added.
- The largest Lazard seller in Q3 2021 was JP Morgan Chase, an estimated $31.9M sold.
Based on aggregated 13F filings for Q3 2021.