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210 hedge funds and large institutions have $2.11B invested in Lazard in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 73 increasing their positions, 74 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 19

7% more call options, than puts

Call options by funds: $9.63M | Put options by funds: $8.98M

0% more funds holding

Funds holding: 210210 (0)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.87% less ownership

Funds ownership: 57.43%56.56% (-0.87%)

1% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 74

5% less capital invested

Capital invested by funds: $2.21B → $2.11B (-$101M)

Holders
210
Holders Change
Holders Change %
0%
% of All Funds
3.35%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
21
Increased
73
Reduced
74
Closed
19
Calls
$9.63M
Puts
$8.98M
Net Calls
+$646K
Net Calls Change
+$13.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$344M +$5.77M +156,483 +2%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$307M +$5.5M +149,199 +2%
AI
3
Ariel Investments
Illinois
$244M -$12.1M -327,435 -4%
BlackRock
4
BlackRock
New York
$160M -$2.68M -72,651 -1%
Charles Schwab
5
Charles Schwab
California
$87.3M -$5.03M -136,343 -5%
SAM
6
Southeastern Asset Management
Tennessee
$75.5M -$10M -271,943 -11%
EIP
7
Epoch Investment Partners
New York
$74.1M -$4.71M -127,557 -5%
Fisher Asset Management
8
Fisher Asset Management
Washington
$69.5M -$4.73M -128,297 -6%
State Street
9
State Street
Massachusetts
$67.5M +$5.08M +137,734 +7%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$60.6M -$1.18M -31,940 -2%
LSV Asset Management
11
LSV Asset Management
Illinois
$36.7M -$10.3M -279,798 -20%
RAM
12
RWC Asset Management
United Kingdom
$34.9M -$1.59M -42,970 -4%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$30.5M -$2.92M -79,277 -8%
Norges Bank
14
Norges Bank
Norway
$27.9M
Morgan Stanley
15
Morgan Stanley
New York
$23.8M -$18.1M -489,381 -40%
First Trust Advisors
16
First Trust Advisors
Illinois
$21.6M -$986K -26,726 -4%
TAM
17
Third Avenue Management
New York
$18.1M +$3.38M +91,664 +20%
RA
18
Royce & Associates
New York
$18M +$708K +19,200 +4%
Jennison Associates
19
Jennison Associates
New York
$16.8M -$2.75M -74,666 -13%
TAM
20
Todd Asset Management
Kentucky
$16.1M +$77.5K +2,100 +0.4%
Two Sigma Advisers
21
Two Sigma Advisers
New York
$15.7M -$2.6M -70,500 -13%
Qube Research & Technologies (QRT)
22
Qube Research & Technologies (QRT)
United Kingdom
$14.5M +$2.04M +55,402 +15%
Northern Trust
23
Northern Trust
Illinois
$12.9M -$120K -3,255 -0.8%
JP Morgan Chase
24
JP Morgan Chase
New York
$12M +$8.44M +228,826 +170%
Federated Hermes
25
Federated Hermes
Pennsylvania
$12M +$94.1K +2,551 +0.7%

LAZ Hedge Fund Activity: Q1 2023 in Review

210 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q1 2023, worth a combined $2.11B — down 4.6% from $2.21B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new LAZ positions and 19 closed out — a net gain of 2 holders — while 73 added to existing stakes and 74 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, unchanged from Q4 2022.
  • Funds reported $2.11B of Lazard stock for Q1 2023, down 4.6% quarter-over-quarter.
  • 21 funds opened new Lazard positions in Q1 2023 and 19 closed out, a net change of +2 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.