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250 hedge funds and large institutions have $3.44B invested in Lazard in 2021 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 74 increasing their positions, 88 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 23

4% more funds holding

Funds holding: 240250 (+10)

1.29% less ownership

Funds ownership: 71.16%69.87% (-1.3%)

6% less capital invested

Capital invested by funds: $3.68B → $3.44B (-$238M)

16% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 88

28% less call options, than puts

Call options by funds: $10.9M | Put options by funds: $15.3M

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
250
Holders Change
+10
Holders Change %
+4.17%
% of All Funds
3.85%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
37
Increased
74
Reduced
88
Closed
23
Calls
$10.9M
Puts
$15.3M
Net Calls
-$4.33M
Net Calls Change
-$4.28M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$487M +$68.3M +1,458,888 +15%
Vanguard Group
2
Vanguard Group
Pennsylvania
$425M +$3.94M +84,295 +0.9%
AI
3
Ariel Investments
Illinois
$354M +$5.5M +117,578 +1%
SAM
4
Southeastern Asset Management
Tennessee
$252M -$3.52M -75,247 -1%
BlackRock
5
BlackRock
New York
$192M +$14.4M +307,321 +8%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$147M -$8.46M -180,904 -5%
JP Morgan Chase
7
JP Morgan Chase
New York
$122M -$13.8M -295,088 -10%
EIP
8
Epoch Investment Partners
New York
$120M -$10.6M -225,560 -8%
RAM
9
RWC Asset Management
United Kingdom
$93.1M +$603K +12,879 +0.6%
Charles Schwab
10
Charles Schwab
California
$91.5M -$4.67M -99,891 -5%
Morgan Stanley
11
Morgan Stanley
New York
$80.1M -$14.7M -314,072 -15%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$69.1M +$2.66M +56,962 +4%
Fisher Asset Management
13
Fisher Asset Management
Washington
$68.8M -$3.14M -67,072 -4%
State Street
14
State Street
Massachusetts
$67.2M +$1.45M +31,077 +2%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$66.1M +$1.45M +30,946 +2%
Norges Bank
16
Norges Bank
Norway
$60.4M
LSV Asset Management
17
LSV Asset Management
Illinois
$54.2M +$5.68M +121,403 +11%
Jennison Associates
18
Jennison Associates
New York
$51.5M +$272K +5,824 +0.5%
RA
19
Royce & Associates
New York
$35.8M -$2.17M -46,386 -5%
Invesco
20
Invesco
Georgia
$30.9M +$1.2M +25,695 +4%
CVA
21
Ceredex Value Advisors
Florida
$22.3M -$2.21M -47,159 -8%
HP
22
Hosking Partners
United Kingdom
$21.6M -$444K -9,495 -2%
TAM
23
Todd Asset Management
Kentucky
$21.5M -$167K -3,561 -0.7%
Federated Hermes
24
Federated Hermes
Pennsylvania
$20.5M +$951K +20,320 +5%
Northern Trust
25
Northern Trust
Illinois
$17.6M -$7.4M -158,182 -28%