Lazard
210 hedge funds and large institutions have $2.11B invested in Lazard in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 73 increasing their positions, 73 reducing their positions, and 18 closing their positions.
22% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 18
7% more call options, than puts
Call options by funds: $9.63M | Put options by funds: $8.98M
1% more funds holding
Funds holding: 208 → 210 (+2)
0.02% more ownership
Funds ownership: 56.54% → 56.56% (+0.02%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 73
4% less capital invested
Capital invested by funds: $2.21B → $2.11B (-$99.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$12.5M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$11M |
| 3 |
JP Morgan Chase
New York
|
+$8.44M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$7.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$6.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$18.1M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
-$12.1M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$10.3M |
| 4 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$10M |
| 5 |
Two Sigma Investments
New York
|
-$8.58M |
LAZ Hedge Fund Activity: Q1 2023 in Review
210 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q1 2023, worth a combined $2.11B — down 4.5% from $2.21B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new LAZ positions and 18 closed out — a net gain of 4 holders — while 73 added to existing stakes and 73 trimmed.
The largest buyer was Invenomic Capital Management, opening a new position worth an estimated $12.5M. The largest seller was Morgan Stanley, cutting an estimated $18.1M.
- 210 institutional investors held Lazard (LAZ) as of Q1 2023, up from 208 in Q4 2022.
- Funds reported $2.11B of Lazard stock for Q1 2023, down 4.5% quarter-over-quarter.
- 22 funds opened new Lazard positions in Q1 2023 and 18 closed out, a net change of +4 holders.
- The largest Lazard buyer in Q1 2023 was Invenomic Capital Management, an estimated $12.5M added.
- The largest Lazard seller in Q1 2023 was Morgan Stanley, an estimated $18.1M sold.
Based on aggregated 13F filings for Q1 2023.